BitShares Forum

Other => Graveyard => Muse/SoundDAC => Topic started by: cob on October 10, 2014, 09:31:03 pm

Title: Reinforcements required (reddit and bitcointalk)
Post by: cob on October 10, 2014, 09:31:03 pm
Here is the Reddit:

http://www.reddit.com/r/Bitcoin/comments/2iw532/bitshares_music_peertracks/

Here is the bitcointalk. (I put it under "alternate cryptocurrencies, is that good?)

https://bitcointalk.org/index.php?topic=819163.new#new

Upvote and comment! Let's get this DAC out there.
Title: Re: Reinforcements required (reddit and bitcointalk)
Post by: xeroc on October 10, 2014, 09:36:34 pm
[ x ] voted
[ x ] commented
Title: Re: Reinforcements required (reddit and bitcointalk)
Post by: graffenwalder on October 10, 2014, 09:38:19 pm
Quote
So if you own 1% of all Notes, after a year of burned fees, you might now own 1.1% of the network’s worth.

This is a bit misleading, because dilution will still happen right?
Title: Re: Reinforcements required (reddit and bitcointalk)
Post by: xeroc on October 10, 2014, 09:44:02 pm
Quote from: Graffenwalder on October 10, 2014, 09:38:19 pm
Quote
So if you own 1% of all Notes, after a year of burned fees, you might now own 1.1% of the network’s worth.

This is a bit misleading, because dilution will still happen right?

keywords is "... might ..." ... it holds true if no delegate dilutes which is a decision of stake holders as far as I understood
Title: Re: Reinforcements required (reddit and bitcointalk)
Post by: graffenwalder on October 10, 2014, 10:20:17 pm
Quote from: xeroc on October 10, 2014, 09:44:02 pm
Quote from: Graffenwalder on October 10, 2014, 09:38:19 pm
Quote
So if you own 1% of all Notes, after a year of burned fees, you might now own 1.1% of the network’s worth.

This is a bit misleading, because dilution will still happen right?

keywords is "... might ..." ... it holds true if no delegate dilutes which is a decision of stake holders as far as I understood

Agreed, it technically holds up. But after assessing countless coin IPO's this would put me off.

Also why isn't there any information about the AGS style fundraiser in the OP?

Don't mean to be negative, just giving feedback.