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Topics - quantumtangles

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I bought KeyID Bitshares DNS just before 5 November 2014 on BTER.  Information on BTER indicated that a snapshot would be taken and BTS would be redeemed (that is, credited to my BTER account after the snapshot).

Some time has elapsed but no credits have been made to my BTER account. BTER recently emailed me with the following explanation:

Dear Sir,

It is yet to be converted. The dns ended life on Nov 5 and it is worthless now.

We will distribute the bts to you when we get them from the dev.


Please kindly keep an eye on our tweet later for update.

Thanks


My questions are as follows:

1. Are the Key ID Bitshare DNS developers in the process of sending BTS to BTER and other trading exchanges?
2. Why has there been a long delay before sending BTS to BTER et al?
3. When is it expected that the devs will send BTS to BTER?
4. If the DNS is now worthless and the devs are unlikely to send BTS to BTER (based on the snapshot) is my investment worthless? Did I buy magic beans (I make no particular complaint as I knew it was high risk but I would like to establish the facts from the jedis here present).

Thanks in advance of any responses.

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General Discussion / Blindfold Trading
« on: August 22, 2014, 09:48:42 pm »
I knew nothing about bitshares before noticing high volume trading on the BTER exchange last week. Within 15 minutes I put all my Bitcoin into bitshares and watched in disbelief. Buy walls of 25 bitcoin remained untouched. Sell walls being consumed in seconds.

Before going to sleep last night I picked a high value sale price for my bitshares, not really expecting it could rise so abruptly (unless I was awake and saw it happening with my own lying eyes).

Needless to say the bitshares had been sold when I woke up, presenting me with a mixture of delight and concern. How to get back on the runaway train...at a higher price.

Moving away momentarily from the arguably shallow world of trading for profit which I unashamedly inhabit, having profited in the interregnum despite ignorance of the underlying value the price was actually purchasing, I think I can see where this is going now. I am going to hold on to my bitshares. I reasonably believe you guys have acheived something remarkable. Bitshares may actually exceed the value of Bitcoin at some point. But even if they do not do so, prices of 0.05 BTC per bitshare are not merely possible. I think them ultimately inevitable. Thank you for making a trader oblivious to your ingenuity more money than he deserved.

 

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