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General Discussion / Re: On Marketing and Priorities
« on: March 04, 2014, 04:06:07 am »
I am interesting in investing and collaborating on this Luckybit.
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I have an honest question: Why are people so scared of PTS price swings? Yesterday's price drop was evidence that the market values BitShares XT; it reflects the fact that PTS after Feb 28 are literally worth less than PTS pre-Feb 28 because they don't entitle the bearer to BitShares X. Why is that scary?
I think the benefits of transparency (e.g., Invictus making public announcements of shapshot dates) far outweigh the benefits of a more stable price of PTS. Can you imagine the criticism Invictus would receive if we all wake up one morning and they announce that there was a snapshot yesterday? People who wanted in to that venture would feel cheated, people who didn't want in (i.e., wanted to sell pre-snapshot to reinvest at a lower price post-snapshot) would feel cheated; who exactly would benefit from this scenario?
@Sumantso
That is good news from BTER, unfortunately, they have not given me such a response yet, but at least that makes feel a bit better.
I only have support@bter.com. Are you communicating with the same email? Or do you have another?
Even if they don't make good on this promise - the entire fiasco is baffling - I am hopeful the community/Bytemaster will decide to award the relevant BTSXT to us if we provide evidence. It will be easy to see what the relevant Bter wallets are as they will be inputs in the transaction (when they eventually happen).
Still, it doesn't put me in a good mood leading up to the big deadline.
They do not need transactions, they will just claim BTS for all PTS on exchange (in their own wallet) and distribute it among PTS balance holders as coins on balance, not as real coins. Apparently you will then be able to withdraw BTS to your local wallet or leave it on the exchange.however it is probably more accurate to believe that there is a "run" on PTS at these exchanges and they simply do not have the coin in reserve, which if true is really a problem...at least for today.
I think that too.
Probably because almost every one is trying to get PTS to their wallets, bter is starving for PTS.
But how they can do transactions to our wallets (and have the TxID) with out having the PTS?, If I try to do a transaction from a wallet with 0 funds, the wallet program don't even allow try it.