I am having the same issue. Everything was working but now the block has been stuck on the same block.

Mac, v.0.4.18

Update:Latest version is actually 0.4.2.0, which must have just come out. Download it from dacsunlimited.com and issues should resolve.

I am so happy the price went finally down... Sure I missed the oportunity to sell high and buy again low but at least now I can afford to buy some more PTS... People that really believe in I3 shouldn't care about prices going down...It will be for a short period. At least I hope that's the case or else my wife is going to divorce me...

A couple of newbie questions now:

1) If I back up my PTS wallet and save it to an external disk, I assume that I can delete the wallet.dat and an attacker cannot have access to my PTS anymore and I can upload it in the future when Bitshares X is launched.Is this correct?

2) If I do (1) above if I understand correctly, when I delete my wallet.dat from my PC, when I will launch the QT client a new wallet will be created. If I purchase more PTS and send them in the new wallet that has been created and back up it again as above is it correct to assume that now I have two different wallets that I can upload and use in the future?

3) Since now the 28th snapshot is finished am I safe to do the above without any danger to claim my bitshares when launched?

4) By doing 1,2 above I am really protected from a malware software or not really?

Appologies for the very newbie questions above. I am just holding my PTS for the very long run and I don't want to wake up a morning and see that everything have dissapeared, so please advise if there is any other better way to protect my few PTS which hopeffuly will be very valuable in a couple of years..

Thank you very much!

1. Yes. It is also recommended you put a password on the wallet and right it down, but do as you wish, as long as the location of the backed up wallet is in a safe place.

2. Yes. You should also back up the second wallet if you plan to use it for long-term purposes as well.

3. Yes.

4. Yes, you would be impervious to malware as long as they were backed up separately from any computer, or if they have a password on them, or both.

Quote from: gnarl on February 28, 2014, 11:00:40 pm

The price is going down because the only official announcement was a twitter, that said THIS   Caution: Watch for Falling PTS
Here is the link   https://twitter.com/_bitshares/status/439258784490590209

Most people will not read that article, they will only see the twitter.
Great marketing...

Actually its a pretty good article. The writer does post a very important issue.

I think in order to get bitshares, a PTS holder will have to hold their PTS until the DAC is released and bitshares are distributed. I could of just bought pts today waited for the snapshot and sold my PTS with no loss and have free bitshares which could be worth quite abit.

Not sure if that is fair for the longterm PTS holders who never sold as they wait for bitshares.

No one here cares that's a good article. His point is that the majority of people will not read it. They will only see an alert from an official on PTS saying "THE PRICE IS FALLING!!!! CASH OUT NOW!".

I am sure I am not the first to say this, but I will say it anyway. The marketing for this completely sucks. I come to these forums out of curiosity. There are dozens of stickied threads. There is no "Protoshare", but rather Bitshare-PTS, the derivative scheme is not laid out clearly immediately anywhere for anyone, you have to go and find this yourself, and the community is not only cult-like, but actually small. For a coin that's in the top 10, there appear to be about as many active members here as there was on the StableCoin forums back in its heyday.

There appears to be very little attempts to market any potential new DAC's to anyone outside of this forum (it was hard enough to understand the concept of a DAC by itself. It is a very cryptic term and it is presented as if I am supposed to automatically understand what it means).

You all make the mistake of assuming the average investor is intelligent. THEY ARE NOT. They buy what they can easily understand and seems like a good option. When I switched my wallet over to Bitshare-PTS and my wallet got replaced and my balance went to 0 and my address changed, I freaked out, and came here.

You know what I was told?
"I thought it was common knowledge in the crypto-community to always back up your wallet."

Wow, that's great. Because that warning was totally posted on the update to the new wallet. By a miracle I managed to find the old wallet file as the old wallet reappeared.

The bottom line is that this whole concept does not appear to the average investor, it is not made easy to understand, and frankly, no one is going to have any interest in whatever complicated scheme several dozen aspies are conspiring to draw up on the internet, when there is absolutely no common-sense marketing, nor any attempt to make this information easily accessible, nor easy to understand. You are speaking in another language.

That's all.

- Zavtra

Quote from: zavtra on February 27, 2014, 10:27:44 am

The fact that everyone is obsessed with bitUSD signifies to me that bit only do the majority of you not even believe in the core concept of Cryptocurrencies, but in addition, you are also becoming too greedy to ever make this succeed.

Face it, you are all really just trying to figure out how many dollars you can sell your bitshares for. Frankly, anyone doing so has missed the point entirely, and the more I see speculation about it, the less and less confidence I have in this whole system.

The dollar price of a bitshare should be enough for you. You shouldn't have to worry about bitUSD.

The viability of crypto currencies is contingent upon their evolution. No currency is viable if its value cannot remain stable. It doesnt matter what you think it is relatively more secure or serves as a better medium of exchange. A currency must maintain its usefulness as a store of value, otherwise it is not a valid currency. If you think people are obsessed with bitUSD you missed the point. Bitshares isnt simply a PoS coin that takes out the need for mining, it is a bank with 200% reserves that gaurantees that any bitUSD or any bitAsset retains the value (or highly correlated value) of the real world asset from which it is derived. The notion of bitUSD or any other asset allows for price stability in the network even as the underlying currency of the network may be subject to volatility. The whole point of the experiment is bitUSD. If the price of bitUSD to bitshares does not reflect the price of real USD to bitshares, then bitshares is worthless.

I'm curious as to what you think is the core concept of cryptocurrencies.

The core concept of cryptocurrencies is that they are intended to not only replace standard fiat currency, but completely debase the central root of power for all central banks around the world. You are all so quick to forget that cryptocurrencies are a serious, viable threat to the MOST powerful entities in the world, which are central banks.

It is for this same reason that all these central banks are trying so hard to ban it. But they are slow and cold blooded, and time and time again are failing to realize that it cannot be banned without shutting the internet off. However, their control over currency is their root of power.

The majority of you seem to be forgetting that bitcoin's essentially arose out of and was proliferated by anarchist communities and the criminal underworld, and that any coins that promise anonymity like the old days continue to flourish and receive support for good reason.

The whole point of BTS X is the BitAssets. Without BitAssets, BTS X is just another shitcoin and we'd all be wasting our time here.

Obviously this is true, but what I'm saying is that BitFiatAnything should not be the one everyone is focused so hard on. Frankly, I'm not even going to purchase or make a move on a single bitUSD, because I'm more interested in any companies that may list themselves here.

You may also be forgetting that this will give many companies the opportunity to be listed publicly where they otherwise could not be.

The new fix for the crashing wallet for those who have the Bitshares-PTS wallet on Mac OS is now:

/Applications/BitShares-PTS.app/Contents/MacOS/BitShares-PTS -reindex

Ok so pretend this thread is titled "Solution to High Volatility potentially breaking the BitAPPL Peg". You didn't solve the problem.

The value for APPL will come from the value APPL produces. If BitShare Holders simply see no value in APPL, there can not possibly be a peg.

We of course cannot flood the market with a BitAsset for every company right away, because Bitshare holders simply do not have the collective market capitalization to match real world prices.

I suppose what you can do is create Precious Metal BitAssets, and then tie the BitUSD DIRECTLY to those BitAssets in terms of real world prices.

For instance, an ounce of silver costs 20 dollars. Therefore, you may purchase 1 BitSilverOunce for exactly 20 BitUSD. In addition, BitSilverOunce may not be purchased via any other method, thus tying the value of BitUSD to a virtual precious commodity (which is a lot more to say than for the actual USD).

We need to build this system from the ground up, and not worry so much about what the current "real world" pricing will be for the time being, because if you truly believe in this system, what you are dealing with right here right now WILL BE the 'real world'.

Here is a problem that doesn't seem to heavily spoken about.

There are only a few thousand people on these forums, but there are around 1.5 million PTS out right now.

Surely, there must be a very large number of PTS holders who simply do not know about the bitshare/DAC plan, or do not understand it, and for this reason have kept their PTS on exchanges.

Frankly, I should not even be able to go onto an exchange and even be able to buy PTS right now, and yet there are still so many available for the taking.

This signifies to me that there will be many less Bitshares available on the market than expected when first released, which may drive the prices even higher.

I also predict that after news comes out that the bitshare snapshot has been taken, that dozens of new people who kept their PTS on exchanges will flood these forums demanding to find out how to get their bitshares.

Surely there is no solid solution to this, but perhaps we could try to message/contact the main exchanges we are listed on to ask them to post a notice to PTS holders to withdraw to their computer wallets???

What do you all think of that plan?

Also it seems a small amount of people have accidentally donated their BTC/PTS for AGS from exchange wallets, further exacerbating the aforementioned quagmire.