BitShares Forum

Main => General Discussion => Topic started by: baijie on April 13, 2014, 03:20:52 pm

Title: An idea of changing the amount bts
Post by: baijie on April 13, 2014, 03:20:52 pm
Most people want cheap things, hoping to dilute bts number (for example, 800 million), thereby reducing the price of each bts, so that most people can be cheaper to buy bts.
According to the current 4 million of bts, a single high prices, investors will be scared, afraid trading bts.
Title: Re: An idea of changing the amount bts
Post by: toast on April 13, 2014, 03:23:03 pm
There are 1 billion bips, which is each dac's unit of account

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Title: Re: An idea of changing the amount bts
Post by: baijie on April 13, 2014, 03:48:06 pm
the  number of bts, also change?
Title: Re: An idea of changing the amount bts
Post by: baijie on April 14, 2014, 04:35:40 am
Everyone's BTS, for example, an increase of 100 times, BTS amounted to 400 million +5%
Title: Re: An idea of changing the amount bts
Post by: xeroc on April 14, 2014, 07:52:28 am
This has already been discussed extensively somewhere in this board
Title: Re: An idea of changing the amount bts
Post by: jwiz168 on April 14, 2014, 08:09:55 am
The total market cap may be increase to accommodate small to medium investors but I think 400 million is too much . Maybe max will be 50 million. So that BTS may price around $5 to $8 /bts.
Title: Re: An idea of changing the amount bts
Post by: fuzzy on April 14, 2014, 08:16:10 am
This has already been discussed extensively somewhere in this board

Do you happen to have a link to that thread?
Title: Re: An idea of changing the amount bts
Post by: taoljj on April 14, 2014, 08:21:25 am
This has already been discussed extensively somewhere in this board

Do you happen to have a link to that thread?

Some Opinions on the Default Unit of BTSX
https://bitsharestalk.org/index.php?topic=3024.0
Title: Re: An idea of changing the amount bts
Post by: xeroc on April 14, 2014, 11:10:56 am
The total market cap may be increase to accommodate small to medium investors but I think 400 million is too much . Maybe max will be 50 million. So that BTS may price around $5 to $8 /bts.
i am alot more optimistic (at least as i am in longterm) such that i am willing to buy as many bts for 8$ as possible.
Title: Re: An idea of changing the amount bts
Post by: NewMine on April 14, 2014, 12:03:34 pm
The total market cap may be increase to accommodate small to medium investors but I think 400 million is too much . Maybe max will be 50 million. So that BTS may price around $5 to $8 /bts.

The only way market cap increases is if price rises on existing shares. You can't increase market cap by creating new shares.

Market Cap is the monetary value of all existing shares.

Float is the total number of shares. Or you know, you could just say "total number of shares".

Increasing the Float does not mean Market Cap will increase.

If a stock is worth $100 and you split it, it doesn't mean you just automaticity created 2 shares worth $100 each. You just created 2 shares worth $50 still maintaining the $100 value pre split.

The only thing it mostly like will do, raising the float, is possibly make BTS more liquid. Which in no way means it will be worth more.
Title: Re: An idea of changing the amount bts
Post by: jwiz168 on April 14, 2014, 10:13:16 pm
The total market cap may be increase to accommodate small to medium investors but I think 400 million is too much . Maybe max will be 50 million. So that BTS may price around $5 to $8 /bts.

The only way market cap increases is if price rises on existing shares. You can't increase market cap by creating new shares.

Market Cap is the monetary value of all existing shares.

Float is the total number of shares. Or you know, you could just say "total number of shares".

Increasing the Float does not mean Market Cap will increase.

If a stock is worth $100 and you split it, it doesn't mean you just automaticity created 2 shares worth $100 each. You just created 2 shares worth $50 still maintaining the $100 value pre split.

The only thing it mostly like will do, raising the float, is possibly make BTS more liquid. Which in no way means it will be worth more.


yup I agree with you. BTS has already been allocated for  4million shares . By way of splitting its price per share thus making it liquid and affordable for small to medium investors.