391
BitShares PTS / Re: What is ProtoShares?
« on: February 22, 2014, 03:13:31 am »with the bitshares launch is upcoming will the ratio of Protoshares against bitshare still be 1:5?
What is happening to the value of this protoshares??? Keeps on going DOWN? When will be the new DACS release? Before was 1 Protoshare = 1 bitshare, Now what is this angelshares ? 50% angelshares + 50 % protoshares = bitshares ? Please clarify.
Don't worry. Before it was 1 Protoshare -> 1 Bitshare (BEXshare) but there will be 10 times as many bitshares as there will be protoshares. So 10% was planned. Now it is 50% (1 Protoshares -> 5 Bitshares).
And the price is going down due to a temporary technicality: It is more efficient to buy Angelshares with Bitcoin so people sell their Protoshares for Bitcoin....