Thanks Staff for answering my questions. So if Bitshares is just one split from Protoshares what will give Bitshares their great value, which I'm sure they will receive in comparison to other new alt-coins? By mining Bitshares you can easily convert them to bitusd and bitgold, is this what will make them valuable? I know its early in the game which is good but how would you go about predicting the value of future bitshares, when there could be so many future DAC popping up and ripping off the PTS chain?

on this website  - http://tradebitshares.com/what-are-bitshares/
It states "The first thing you need is a BitShares Client which you will soon be able to download from this page."
"You Can Mine Them
If you leave your BitShares Client running and set to help operate the distributed network,  you get paid for being a BitShares Network Node. "

How can mention the offer of a download which (will mark the start of bitshare?) and not list a release date? How do you prevent develops from early/pre mining without offering a release date to the community? I read the whitedoc and realized there is to much work being put into bitshare for it to be a scam so what am I missing? Someone please tell me that client won't be available before any announcements.

Also on a sidenote this paragraph is crazy confusing (partially due to the missing graph?)

"Based entirely on the  mining rewards and ignoring  any fees, the effective annual dividend rate
by­-month is shown to the right.  You will notice that early miners have a lot to gain by mining and
holding.  This  will  create  market  demand  that  will  push  the  net-­present­-value  of  the  early
BitShares to be much higher than the later BitShares and should drive prices higher early on and
add to the price stability.  Note that those holding BitUSD will earn twice this rate and therefore
have the opportunity to earn over 20% APR for the first 10 years this new chain is in operation."

How do early miners have much to gain (excluding the low difficulty rate) due to the 1 million protoshares being instantly dumped into the bitshare economy? I'm lost as to how mining and holding these shares differ from holding grandfathered shares? I'm guessing not?

Thanks for reading and any replies.

(ref)
http://static.squarespace.com/static/51df1ba4e4b08840dcfce197/t/5212ca63e4b0348bfd2276c6/1376963171729/BitShares%20White%20Paper%20%282%29.pdf