PTS will probably see another fall off in value after these snapshots.... this will impact mining. We should plan ahead for this.
I have been working with testz on both short-term and long-term solutions for this. When it is ready we will approach community with options: 1) difficulty patch to KGW, 2) difficulty patch and then migrate to new DPOS chain later, 3) stop-network patch and migrate to new DPOS chain sooner
QuotePosted by: bytemaster
« on: Today at 05:51:36 PM » Insert Quote
PTS will probably see another fall off in value after these snapshots.... this will impact mining. We should plan ahead for this.
no suprise here.
@toast
do you have a timeline for all 3 options?
Why does pts need its own blockchain?
Quote from: toast on August 03, 2014, 07:56:12 PM
I have been working with testz on both short-term and long-term solutions for this. When it is ready we will approach community with options: 1) difficulty patch to KGW, 2) difficulty patch and then migrate to new DPOS chain later, 3) stop-network patch and migrate to new DPOS chain sooner
pow just like a Blood drawing machine
It's a pitty BTS vote can't be used right now for all PTS holder to choose the future.
why not do this :
1.snapshot aug21(use the same snapshot with DNS&vote)
2.embedded pts into bitshares x as a Bitasset(new bitshares client)
3.give back the rest pts(300K+) to the ags donater(use pts) & pts keepers(snapshot) by the shares percent
4.let people get pts in bitshares x through the private key(like get btsx)
then we can trede directly pts-cny、pts-btsx in bitsharesx instead of btc38 or bter
PTS as a bitasset in bitsharesx
we can trade pts-bts pts-cny in low fees instead of btc38 0.1%fee
direct pts-bts not pts-cny cny-bts in btc38 with fee 0.2%
pts is just a liquid stock rights ,why not chang into a bitasset in Bitsharesx market?
if PTS(dpos) a new client there will be 101+ new delegate & payment is a waste
pts as a asset in bitshares X with 2m total num is equal to AGS
but if pts is a single dpos , when it burns after few years, maybe pts1.5m, AGS sitll 2m, it's not fair, that's a Naked plunder to agser
money in PTS pools just like a small pond, water is very shallow, still let POW pumping money out,
die-hard fans really going to die.
PTS' real value is that it gives you stake in ALL future DACs. The producers of the DACs can use these earlier releases to determine the PTS/DACShare ratio. It should self regulate.
Quote from: tbkmcjl on August 19, 2014, 04:15:42 PM
Then ,what is PTS's advantage anyway ? The price fall is kinda like I buy the child-DAC with money indirectly.
Any buying child-DAC directly would risk less if a delay like 228 happen again.
PTS acts like a pre-sale for the child-DAC. You could buy the child-DAC after its released but you also risk price volatility on launch. PTS price drop occurs more now because there are less snapshots; however, I suspect it will stabilize as the Bitshares ecosystem grows and snapshots become a regular occurrence.
Quote from: toast on August 03, 2014, 07:56:12 PM
I have been working with testz on both short-term and long-term solutions for this. When it is ready we will approach community with options: 1) difficulty patch to KGW, 2) difficulty patch and then migrate to new DPOS chain later, 3) stop-network patch and migrate to new DPOS chain sooner
i think the best solution it is on point 1)
difficulty patch to KGW or something else!!
With the PTS price so low are people still going to sell? Buy depth is very lacking and any major sell offs would drop the price significantly.
Quote from: Brekyrself on August 21, 2014, 10:52:41 PM
With the PTS price so low are people still going to sell? Buy depth is very lacking and any major sell offs would drop the price significantly.
Yeah I don't really expect much of a sell off since volume is already low... but if it does I'm
definitely buying.
Glad to see a healthy drop in PTS, means there was a lot of value in there for the snapshot, BitShares DNS in particular probably. Depending how feature rich the initial release is, it could have a $4 million+ opening CAP. That would put it top 15 out the gate.(Really looking forward to the auction feature, beside mitigating squatting, I think that's going to generate a lot of interest in the DAC.)
So top 10 easy, soon enough :)
Quote from: yellowecho on August 22, 2014, 12:49:18 AM
Yeah I don't really expect much of a sell off since volume is already low... but if it does I'm definitely buying.
+5% Most under appreciated coin ever IMHO.