BitShares Forum
Main => General Discussion => Topic started by: Riverhead on November 01, 2014, 02:13:26 am
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Currently DNS is trading at a 17% snapshot advantage but the BTS will be vested over two years.
What you get:
- A vesting period of two years
- A 17% return
- Whatever BTS gains anyway
If you're to follow some of the posts here they say that BTS has a two year growth period for adoption and to ever consider divesting. If the advice from OldMan is followed you're waiting two years anyway.
So, are you going to buy DNS?
Live Snapshot Math:
https://docs.google.com/spreadsheets/d/1M65Gt1mFstAgTkECJfUX18f187tGzqJeXT7877qLv-M/edit#gid=0 (https://docs.google.com/spreadsheets/d/1M65Gt1mFstAgTkECJfUX18f187tGzqJeXT7877qLv-M/edit#gid=0)
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You know my answer, but for the benefit of anybody else interested.
-I will not sell my BTSX to do it (I believe I will make more having them BTS liquid for trading from day one);
-I will seriously consider converting some of my other (outside of crypto) investment to BTC-->DNS, to make this deal.
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You will do about 2 bitcoin worth, because after that you will move the price up such that the difference disappears.
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You will do about 2 bitcoin worth, because after that you will move the price up such that the difference disappears.
True. The sell book is pretty massive though.