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Messages - Bitshark

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61
General Discussion / Re: mybitshares.com
« on: July 14, 2014, 03:49:20 pm »
With the support of China, BTS will be HUGE.

62
General Discussion / Re: BTSX is taking off!
« on: July 13, 2014, 02:04:01 am »
I don't get the price at all. So if I use the current price 0.0000293 BTSX/BTC. My investment is now minuscule compared to what I paid in BTC.

EDIT: Which probably means that market cap is way way off?

.0000293 per BTSX share. How many shares did you get per BTC is the question.

63
General Discussion / Re: BTSX is taking off!
« on: July 13, 2014, 02:02:35 am »
Current BTSX market cap at 58,000BTC on Bter.  Look out, NXT, we're coming for you!    :P

Heavily inflated. The trade volume is pennies, just minnows rushing to get in.

64
General Discussion / Re: BTSX on bter
« on: July 11, 2014, 01:59:09 pm »
Yes, bter is the best exchange never had any problems.  +5%
They said that they will adjust accordingly but can someone drop them an email to clarify if the current listing is based on 2mil or 4 mil?

It's still based on 4m hasnt changed. They won't change it will get too confusing.

They just changed supply to 2 billion.
https://bter.com/trade/BTSX_BTC
but forgot to update main page
https://bter.com/ supply for btsx which is still showing 4 million and causing an error in displayed market cap. I sent them a message asking to correct.

And I thought the price had crashed ..  :-\

65
I am totally not following this.  You start with $620 and you either buy 1 BTC with it or you buy 140PTS with it.  Then you donate what you just bought and end up with X number of AGS (the same number either way if efficiency is equal).  Why would it be better to use the $620 to go one way or another when you end up with the same number of AGS?

For whatever reason I have X amount of BTC and X amount of PTS. If I want to allocate say 5BTC to AGS it's better to donate BTC than to lose the dividend on my PTS for the same return in AGS.
Unless I'm missing something this doesn't seem to make any sense in terms of AGS donations.  All you seem to be saying is that you'd rather be holding PTS than BTC.

I'm viewing PTS as a BTC that pays dividends. If I have the option to donate either or for the same amount of AGS, it makes more sense to donate the BTC that doesn't pay dividends.

66
General Discussion / Re: BTSX on bter
« on: July 09, 2014, 11:13:48 pm »
Yes, bter is the best exchange never had any problems.  +5%
They said that they will adjust accordingly but can someone drop them an email to clarify if the current listing is based on 2mil or 4 mil?

It's still based on 4m hasnt changed. They won't change it will get too confusing.

67
General Discussion / Re: BTSX on bter
« on: July 09, 2014, 11:12:25 pm »
Yes, bter is the best exchange never had any problems.  +5%

68
I am totally not following this.  You start with $620 and you either buy 1 BTC with it or you buy 140PTS with it.  Then you donate what you just bought and end up with X number of AGS (the same number either way if efficiency is equal).  Why would it be better to use the $620 to go one way or another when you end up with the same number of AGS?

For whatever reason I have X amount of BTC and X amount of PTS. If I want to allocate say 5BTC to AGS it's better to donate BTC than to lose the dividend on my PTS for the same return in AGS.

69
BitShares AGS / Isn't it better to purchase AGS with BTC than PTS?
« on: July 09, 2014, 02:24:50 am »
Example: I am the only one who invests in AGS for the day both via BTC and PTS

PTS = .0071BTC therefore 140PTS = 1BTC

I donate 1BTC to AGS I net a return of 5000AGS
I donate 140PTS to AGS I net a return of 5000AGS, however I lost 140PTS for the donation. So I really netted 4860 AGS and converted 140PTS into 140AGS.

Therefore the donation efficiency measure is deceiving no?

Am I wrong?



70
General Discussion / Re: Initial price for a XTS
« on: July 08, 2014, 06:59:28 pm »
@ Empirical1 and other interested in buying BTS.

I do not know if this is good or bad news for you but:
I have found counter party and have sold 75% of my position at 31.25 Mil  USD (at $640/BTC) market cap.
50% of the money, by both sides, is transferred to escrow, so it is effectively done!  :)


@ Agent86 – my security deposit is 35%. The other party finds the amount satisfactory, so…

 +5%

I'm glad you were able to make a deal with and sort out escrow on terms you were happy with. 

I'm also glad there's someone willing to buy a big position at $31.25 Million.

Your remaining 25% still leaves you with a nice stake, I hope you will keep it and share in the success of X :)

Ohhhh, if I am correct or partially correct I intend to use most of the money to re-buy a bigger stake than the one I had.
 If I am wrong and you guys were correct I will repurchase but unfortunately a smaller stake… things of life, you know, you cannot have it both ways.

And what is your buy back price?

71
General Discussion / Re: List of BitAssets to pre-register
« on: July 08, 2014, 12:58:39 pm »
Can someone link me as to how bitassets will work?

72
General Discussion / Re: BTSX trade is open on btc38
« on: July 07, 2014, 10:37:30 pm »
What figure is being used for the price of PTS at the time of the time of snapshot?

73
General Discussion / Re: BTSX trade is open on btc38
« on: July 07, 2014, 09:21:54 pm »
Lemme' get this straight. 1 BTSX is the claim on the snapshot of 1 PTS which was left on the exchange?

So it doesn't matter how many shares i3 releases, you will still get the same proportional amount?

So since there were 4,000,000 AGS/PTS shares snapshotted, 1 BTSX means you get 0.00000025% of the total supply of BTSX shares released? However many that may be?

74
General Discussion / BTSX on bter
« on: July 07, 2014, 08:44:46 pm »
Are these the officially issued DACshares? What are these?

75
Technical Support / Re: How do we claim AGS?
« on: July 01, 2014, 11:21:22 pm »
I'm confused I donated to AGS how to I get my shares? I used my Armory client to donate BTC.

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