BitShares Forum

Main => General Discussion => Topic started by: bytemaster on August 03, 2014, 05:51:36 pm

Title: PTS Post Snapshot will likely fall again.
Post by: bytemaster on August 03, 2014, 05:51:36 pm
PTS will probably see another fall off in value after these snapshots.... this will impact mining.   We should plan ahead for this.
Title: Re: PTS Post Snapshot will likely fall again.
Post by: 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
Title: Re: PTS Post Snapshot will likely fall again.
Post by: Shentist on August 03, 2014, 08:23:40 pm
Quote
Posted 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?
Title: Re: PTS Post Snapshot will likely fall again.
Post by: clout on August 03, 2014, 08:27:53 pm
Why does pts need its own blockchain?
Title: Re: PTS Post Snapshot will likely fall again.
Post by: sudo on August 19, 2014, 03:13:01 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
Title: Re: PTS Post Snapshot will likely fall again.
Post by: sudo on August 19, 2014, 04:07:00 pm
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.
Title: Re: PTS Post Snapshot will likely fall again.
Post by: Riverhead on August 19, 2014, 04:22:55 pm
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.
Title: Re: PTS Post Snapshot will likely fall again.
Post by: yellowecho on August 19, 2014, 04:40:58 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.
Title: Re: PTS Post Snapshot will likely fall again.
Post by: unsoindovo on August 19, 2014, 08:23:01 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!!
Title: Re: PTS Post Snapshot will likely fall again.
Post by: 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.
Title: Re: PTS Post Snapshot will likely fall again.
Post by: yellowecho on August 22, 2014, 12:49:18 am
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.
Title: Re: PTS Post Snapshot will likely fall again.
Post by: Empirical1 on August 22, 2014, 03:27:32 am
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 :) 
Title: Re: PTS Post Snapshot will likely fall again.
Post by: Riverhead on August 22, 2014, 05:27:45 pm

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.