Quote from: Empirical1.1 on December 24, 2014, 07:26:12 pm

The jury is also still out   on whether people want an all bells and whistles blockchain to store value or just a robust BitAsset focused, limited changes blockchain backed by a no inflation crypto-currency. In which case PTS may mainly just need to add BitAssets in the future.

Well look at that. First, DPOS PTS is just an update to the POW PTS, nothing more. Then we are just interested in it because it is a non-inflationary store of value (but still gets to benefit off the technological development of BitShares paid for by dilution of BTS). And, now there is talks of perhaps adding BitAssets as well?

Your post perfectly shows what happens when we fork the community into a different token. No matter what people claim, human greed will always cause us to compete with one another. It is inevitable. People need to realize this and not just assume that PTS will aspire to nothing more than a small non-threatening sharedrop token that provides advertising for BitShares. Same goes for Sparkle by the way.

Quote from: Stan on December 22, 2014, 01:19:27 am

Just let me publish a feed for all the entries on coinmarketcap...

Its a simple formula, really:

BTS = 10*(BTC = 100*(XRP = 1000*(LTC = ...

 

Congratulations Stan, you're the fourth winner in the 10 * 5 BITUSD Christmas give away.
PM me your BTS account and I'll send you your price.

Haha
hahaha

That's why I love you BTSers! You think you gave us just a piece of the pie, when we rob you blind from YOUR test network!

Let me put it in numbers for you!
For 1BTC you could have bought 'dead PTS' easily at 0.0008BTC/PTS. or 1250 PTS for each BTC.
@567 DEVshares/PTS this would have netted you, like it did for me, 708,750 DevShares.

If you were stupid enough you could have bought 22,222 BTS for same 1BTC at 0.000045 BTC/BTS;
or 22,222 BTS for 1 BTC. This would have given you 8,889 DevShares...


If us PTS holders are getting 80 times more Devshares than BTS per 1 BTC invested, tell me who owns your precious test network? You thought you bought us? Keep dreaming. It seems like we owe you and you keep delivering your annual and monthly gifts to the king! The king of PTS!

On a side note, I get the same ratios from Sparkle compared to you BTSers!!! And if I so desire I can even sell my undead PTS for what I paid for them after ripping those 2 benefits, and buy BTS! And you say we PTS are not the greatest?

Quote from: Stan on December 18, 2014, 06:24:36 pm

Reviewing sharedrop theory:

Allocations are not selected to be "fair", they are selected to attract the greatest amount of interest possible to a new offering.

You get share-dropped on in proportion to the perceived value of the demographic your coin represents.  It's the developer's choice.  It would be just as legitimate to do 10/10/10/10/10/10...10 and attract 10 diverse demographics, seven of which "deserve" nothing.

The simplest logic is to treat all three groups the same because they overlap anyway. This minimizes (obviously it does not eliminate) arguments about percentages.  All three groups get more than they "deserve". 

If you still want to argue, argue why your favorite demographic would give a bigger boost to the new DAC if its share of that DAC was somehow just a bit bigger.

I'm not going to make a fuss, but well reasoned criticism of important decisions shouldn't be discouraged.  Like code, all decisions will be tested at some point the sooner they are tested the better.  It looks like the decision has been made however so I'll keep it brief.

I favour 10/10/80 AGS/PTS/BTS

It probably makes no difference at all to the success of DevShares whether its 33/33/33 or 10/10/80.  The default position should be the one that favours BTS.  We did just give away half a billion BTS to AGS/PTS for the sake of getting (ex)i3 to be loyal to BTS alone.  They should be fighting BTS's corner in every sphere including sharedrops, without breaking past commitments, in which case 10% honours the social contract.

Why were half a billion BTS given away only to share drop 66% on them a month later?  It's not an even distribution at all - which is the aim because that maximises incentives - (you wouldn't do a giveaway where one half got $10 and half for got $1, you'd do $5 each). 

It *appears*, even if this is not the case, that the allocation is chosen based on maximising developer incentive who may have large PTS/AGS stakes, not market incentive for network effect, which is just the cover story.

*-Prepares package for head shipment-*

As someone who needs the votes of Toast, Stan + everyone, I hope people appreciate me not hiding behind a sock puppet to say potentially controversial things.  I am a BTS fighter.

Quote from: Frodo on December 23, 2014, 11:16:29 am

Quote from: Rune on December 23, 2014, 10:59:15 am

This is a sarcastic attempt at saying PTS is still getting unfair rewards after they diluted BTS 25%.

I fully agree, PTS and AGS should not exist anymore. We paid millions of dollars for their features to be rolled into BTS. Its simply not fair that they continue to get sharedrops, unless we also take the diluted 25% back.

But isn't that exactly the beauty of a free market solution? Third parties are free to allocate in a way that they feel brings the most value for their system. And if that includes AGS/PTS then great, so be it. Why don't you go ahead and invest in PTS then?
And if BTS brings more advantages as an airdrop target than PTS, then free market will figure it out either ways.

My problem is that dan, stan and others who have a fiduciary duty to BTS holders are promoting them, and that this board still has a PTS subforum. In the eyes of BTS holders, PTS should no longer exist. We paid explicitly to buy them out, and they should not get any support from the BTS community. If they still want to be the official bitshares sharedrop DAC, then the 25% dilution of our money that they received should be revoked.