BitShares Forum

Other => Graveyard => BitShares AGS => Topic started by: dirktadwater on March 01, 2014, 02:12:45 pm

Title: Bitshares AGS and new DACs
Post by: dirktadwater on March 01, 2014, 02:12:45 pm
Now that the deadline has passed for purchasing PTS/AGS to get Bitshares X, I'm wondering if it is advantageous to acquire AGS or PTS for the upcoming releases?

For Bitshares X, AGS gave you more Bitshares per unit than PTS. Will this be the same with upcoming releases? In short, I'm wondering what the best bang for my buck is.

Thanks.
Title: Re: Bitshares AGS and new DACs
Post by: graffenwalder on March 01, 2014, 02:36:20 pm
This all dependends on when an upcoming DAC is released. Say it's released after the AGS funding period. Then you will get more shares from PTS than AGS. Because there will be 2 million AGS and less than that PTS.
Title: Re: Bitshares AGS and new DACs
Post by: fussyqbert on March 02, 2014, 07:27:05 pm
I also have a question about new DACs and AGS so this seems like a decent place to ask.

Are AGS still good past their respective funding cycle? For example, will the AGS I bought before 2/28 be good for the next DAC?
Title: Re: Bitshares AGS and new DACs
Post by: toast on March 02, 2014, 07:44:17 pm
Quote from: fussyqbert on March 02, 2014, 07:27:05 pm
I also have a question about new DACs and AGS so this seems like a decent place to ask.

Are AGS still good past their respective funding cycle? For example, will the AGS I bought before 2/28 be good for the next DAC?

yes
Title: Re: Bitshares AGS and new DACs
Post by: testz on March 03, 2014, 01:38:21 am
Quote from: dirktadwater on March 01, 2014, 02:12:45 pm
Now that the deadline has passed for purchasing PTS/AGS to get Bitshares X, I'm wondering if it is advantageous to acquire AGS or PTS for the upcoming releases?

For Bitshares X, AGS gave you more Bitshares per unit than PTS. Will this be the same with upcoming releases? In short, I'm wondering what the best bang for my buck is.

Thanks.

Let's assume that DAC will be released after 140 days when 1 AGS will be equal to 1 PTS.
Today you can exchange your 1 PTS for 1.7-2.0 AGS it's a good deal?
Title: Re: Bitshares AGS and new DACs
Post by: Darkbane on March 03, 2014, 01:56:38 am
Quote from: testz on March 03, 2014, 01:38:21 am
Quote from: dirktadwater on March 01, 2014, 02:12:45 pm
Now that the deadline has passed for purchasing PTS/AGS to get Bitshares X, I'm wondering if it is advantageous to acquire AGS or PTS for the upcoming releases?

For Bitshares X, AGS gave you more Bitshares per unit than PTS. Will this be the same with upcoming releases? In short, I'm wondering what the best bang for my buck is.

Thanks.

Let's assume that DAC will be released after 140 days when 1 AGS will be equal to 1 PTS.
Today you can exchange your 1 PTS for 1.7-2.0 AGS it's a good deal?

but lets say invictus wants to jump PTS prices and announces they will give 20% to PTS and 10% to AGS... now PTS is better. ;) speculate!
Title: Re: Bitshares AGS and new DACs
Post by: testz on March 03, 2014, 02:48:55 am
Quote from: Darkbane on March 03, 2014, 01:56:38 am
Quote from: testz on March 03, 2014, 01:38:21 am
Quote from: dirktadwater on March 01, 2014, 02:12:45 pm
Now that the deadline has passed for purchasing PTS/AGS to get Bitshares X, I'm wondering if it is advantageous to acquire AGS or PTS for the upcoming releases?

For Bitshares X, AGS gave you more Bitshares per unit than PTS. Will this be the same with upcoming releases? In short, I'm wondering what the best bang for my buck is.

Thanks.

Let's assume that DAC will be released after 140 days when 1 AGS will be equal to 1 PTS.
Today you can exchange your 1 PTS for 1.7-2.0 AGS it's a good deal?

but lets say invictus wants to jump PTS prices and announces they will give 20% to PTS and 10% to AGS... now PTS is better. ;) speculate!

Also possible, but because AGS it's a pure investment and PTS it's more speculative I expect that Invictus will honor AGS owners first  :)
Title: Re: Bitshares AGS and new DACs
Post by: Stan on March 03, 2014, 05:39:21 am
Quote from: testz on March 03, 2014, 02:48:55 am
Quote from: Darkbane on March 03, 2014, 01:56:38 am
Quote from: testz on March 03, 2014, 01:38:21 am
Quote from: dirktadwater on March 01, 2014, 02:12:45 pm
Now that the deadline has passed for purchasing PTS/AGS to get Bitshares X, I'm wondering if it is advantageous to acquire AGS or PTS for the upcoming releases?

For Bitshares X, AGS gave you more Bitshares per unit than PTS. Will this be the same with upcoming releases? In short, I'm wondering what the best bang for my buck is.

Thanks.

Let's assume that DAC will be released after 140 days when 1 AGS will be equal to 1 PTS.
Today you can exchange your 1 PTS for 1.7-2.0 AGS it's a good deal?

but lets say invictus wants to jump PTS prices and announces they will give 20% to PTS and 10% to AGS... now PTS is better. ;) speculate!

Also possible, but because AGS it's a pure investment and PTS it's more speculative I expect that Invictus will honor AGS owners first  :)

AGS and PTS are like having two children.
I can't imagine favoring one over another.

But remember, each represents a constituency that DAC developers will wish to court.
One gained their stake by mining or purchasing.  The other by funding real infrastructure.
Will developers wish to attract the support of one group more than the other?
We'll see what the market decides!

 :)


Title: Re: Bitshares AGS and new DACs
Post by: donkeypong on March 06, 2014, 08:16:50 pm
I think all the emphasis on PTS holders being miners is a little misplaced. A lot of us have purchased those over exchanges also.
Title: Re: Bitshares AGS and new DACs
Post by: FreeTrade on April 15, 2014, 04:36:48 pm
Quote from: Stan on March 03, 2014, 05:39:21 am

AGS and PTS are like having two children.
I can't imagine favoring one over another.

But remember, each represents a constituency that DAC developers will wish to court.
One gained their stake by mining or purchasing.  The other by funding real infrastructure.
Will developers wish to attract the support of one group more than the other?
We'll see what the market decides!

 :)

What's the expectation about third party DAC's distributing to AGS holders? I'd understood that a TPDAC needed to distribute 10% to PTS holders to enjoy 3I support - but is there some expectation wrt AGS now too?

I'm looking at this graphic - https://bitcointalk.org/index.php?topic=325261.msg6165896#msg6165896
Title: Re: Bitshares AGS and new DACs
Post by: Stan on April 15, 2014, 04:56:53 pm
Quote from: FreeTrade on April 15, 2014, 04:36:48 pm
Quote from: Stan on March 03, 2014, 05:39:21 am

AGS and PTS are like having two children.
I can't imagine favoring one over another.

But remember, each represents a constituency that DAC developers will wish to court.
One gained their stake by mining or purchasing.  The other by funding real infrastructure.
Will developers wish to attract the support of one group more than the other?
We'll see what the market decides!

 :)

What's the expectation about third party DAC's distributing to AGS holders? I'd understood that a TPDAC needed to distribute 10% to PTS holders to enjoy 3I support - but is there some expectation wrt AGS now too?

I'm looking at this graphic - https://bitcointalk.org/index.php?topic=325261.msg6165896#msg6165896

Yes, that is the Social Consensus we have been advocating - 10% to each.

We have also stated that this is in every developer's best interest.  Many current posts are discussing how best to target shares in a new DAC to reach the right demographic.  People who will support the DAC and not simply sell the shares for Pizza.  It's been hard to define a precision targeting list hasn't it?
What other groups of people are better to target with some of a new DAC's shares? 

So, it's all about what's in a DAC developer's best interests.  It has nothing to do with I3, since we hold only a small share of PTS and AGS - like everybody else.  (And hopefully a developer wants our support for more reasons than that!)