Other > BitShares AGS

Isn't it better to purchase AGS with BTC than PTS?

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Bitshark:

--- Quote from: amencon on July 09, 2014, 11:31:25 pm ---
--- Quote from: Bitshark on July 09, 2014, 04:27:03 am ---
--- Quote from: Agent86 on July 09, 2014, 03:38:38 am ---I am totally not following this.  You start with $620 and you either buy 1 BTC with it or you buy 140PTS with it.  Then you donate what you just bought and end up with X number of AGS (the same number either way if efficiency is equal).  Why would it be better to use the $620 to go one way or another when you end up with the same number of AGS?

--- End quote ---

For whatever reason I have X amount of BTC and X amount of PTS. If I want to allocate say 5BTC to AGS it's better to donate BTC than to lose the dividend on my PTS for the same return in AGS.

--- End quote ---
Unless I'm missing something this doesn't seem to make any sense in terms of AGS donations.  All you seem to be saying is that you'd rather be holding PTS than BTC.

--- End quote ---

I'm viewing PTS as a BTC that pays dividends. If I have the option to donate either or for the same amount of AGS, it makes more sense to donate the BTC that doesn't pay dividends.

amencon:

--- Quote from: Bitshark on July 09, 2014, 04:27:03 am ---
--- Quote from: Agent86 on July 09, 2014, 03:38:38 am ---I am totally not following this.  You start with $620 and you either buy 1 BTC with it or you buy 140PTS with it.  Then you donate what you just bought and end up with X number of AGS (the same number either way if efficiency is equal).  Why would it be better to use the $620 to go one way or another when you end up with the same number of AGS?

--- End quote ---

For whatever reason I have X amount of BTC and X amount of PTS. If I want to allocate say 5BTC to AGS it's better to donate BTC than to lose the dividend on my PTS for the same return in AGS.

--- End quote ---
Unless I'm missing something this doesn't seem to make any sense in terms of AGS donations.  All you seem to be saying is that you'd rather be holding PTS than BTC.

merockstar:
Airdrops could target BTC as well, it's just not part of the social consensus.

But it's an arguably pretty damn good demographic to be airdropping coin to.

bitmeat:
What you are missing is that, if you were to donate in BTC, you would have to convert the PTS to BTC anyways.

Since you can convert between PTS and BTC back and forth. Your question is no different than asking if I have 1 BTC and want to donate, should I donate 1 BTC or convert to PTS and then donate.

The fact that you have some proportion of PTS and BTC makes no difference at all.

Essentially you are asking 2 questions in one:

1) When I donate, should I DONATE in BTC or PTS?

2) With my balance left, should I KEEP it in BTC or PTS?

The stuff you donate is gone regardless of whether it was BTC or PTS.

liondani:
I disagree. If you have both you donate what is more efficient that particular day. BUT when you donate PTS you buy back immediately after the donation the number of last donated PTS...  the risk is minimum ... you are at risk for the time it gets to buy back your last donated PTS...  If you thing it is to much then have at any moment more PTS than you actually want...  something like a PTS cash /buffer...

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