BitShares Forum

Main => General Discussion => Topic started by: roselee on December 10, 2014, 06:00:50 am

Title: what is bts_s1 ?
Post by: roselee on December 10, 2014, 06:00:50 am
today on bter i checked my acounts and found
bts_s1 on my balance
i have no clue what that is
where do i find informations about it ?
is it a product of bitshares or something bter created ?
Title: Re: what is bts_s1 ?
Post by: Troglodactyl on December 10, 2014, 06:16:39 am
Sounds like it's tradeable balance from a BitShares snapshot.  Hopefully they'll rename it to something more descriptive soon.
Title: Re: what is bts_s1 ?
Post by: roselee on December 10, 2014, 06:23:23 am
what is a snapshot?
Title: Re: what is bts_s1 ?
Post by: roselee on December 10, 2014, 06:24:49 am
it says also for play
is there a gambling page ?
Title: Re: what is bts_s1 ?
Post by: onceuponatime on December 10, 2014, 07:02:33 am
it says also for play
is there a gambling page ?

https://bitsharestalk.org/index.php?topic=11571.0

bitsharesplayfoundation.org/en
Title: Re: what is bts_s1 ?
Post by: roselee on December 10, 2014, 07:29:21 am
it says one had to move its bitshares from bter to the wallet but i didnt do that i didnt have a clue i had to
what do i do now ?
do i have to take action to claim the bts_s1 now ?
Title: Re: what is bts_s1 ?
Post by: Frodo on December 10, 2014, 07:34:38 am
it says one had to move its bitshares from bter to the wallet but i didnt do that i didnt have a clue i had to
what do i do now ?
do i have to take action to claim the bts_s1 now ?

They just said that because not all exchanges take snapshots for their users.
BTER did, so no you don't have to do anything. Just wait till the PLAY chain get's released, then you can withdraw from BTER if you want.
Title: Re: what is bts_s1 ?
Post by: roselee on December 10, 2014, 07:39:28 am
oh thats good thank you for the info
another quetion
i do have bts in my wallet too
its syncing at the moment
will i see bts_s1 there too ?

and wow
what i understand now is that for being into bts so early i get a reward? is it that ?
becouse if. i have to say never in my life i got something back from any financial system they used to take and take and take
Title: Re: what is bts_s1 ?
Post by: Frodo on December 10, 2014, 07:49:31 am
oh thats good thank you for the info
another quetion
i do have bts in my wallet too
its syncing at the moment
will i see bts_s1 there too ?

No. You don't see them in your BTS wallet. Once the PLAY chain/wallet is released you can import your BTS wallet/priv keys into your PLAY wallet to receive your shares.


and wow
what i understand now is that for being into bts so early i get a reward? is it that ?
becouse if. i have to say never in my life i got something back from any financial system they used to take and take and take

Yes. Sharedrops are awesome!
And we are still prior to 1.0 and marketing push. The potential reward for holding is just ridiculously high imo.
And yes, hopefully we can help to build a fairer banking system for everyone.  :)
Title: Re: what is bts_s1 ?
Post by: roselee on December 10, 2014, 08:00:15 am
o wow i guess when i started with cryptos i didnt see that comeing
i just liked the idea of haveing a second system to crack the monopol of central banking
Title: Re: what is bts_s1 ?
Post by: Ander on December 10, 2014, 08:01:10 am
Bter named the PLAY snapshot "bts_s1" because it is the first snapshot off of bts.

You will get some number of shares of PLAY in the future once it is redeemable and bter gets it for you.