Hilariously they've set themselves up in a situation where staying at their current market cap is basically a total failure, even though they made it to number 4 instantly. As I understand it people bought them for 20 USD in the ICO with the assumption that it was "backed" at that level. If it stays below 20 USD for too long it'll probably completely unravel.

Maybe there is a little bit of misinformation here. Since August I have been with GAW with their Hashlet . I have gained enough funds mining and right after the price of Hashlets soared from $16 to $50  , I have breakeven and more.

Now Paycoin, investors have $4 /coin in ICO where as Josh Garza , CEO of GAW guaranteed its price to peg at $20 once its on the market. The thing with PayCoin is , it had recently ended its PoW phase  with 500,000 coins being mined using SHA-256  algo. After this  PoS will start with the so-called HashStaker wallet (evolved from Hashlets).The recent jacked up of coin supply was due to the miners of Hashlets through Hashpoint- a mining reward for GAW accounts.  Paycoin will continue to increase its supply since it will enter the PoS phase Monday Dec 22, 2014.

wup i read anywhere that proportion is going to be 1 old pts x 1000 new pts

again your information is misleading. try to be updated and not assumed everything . READ

This is a great opportunity btw, are you going to provide some API or template ?

If this pushes through , it will be good. Imagine free money.

Just wait until the marketing starts and the Music fundraiser is finished December 6th. Money is coming in to BTS soon. Enjoy this buying opportunity.

I just like it when mentioning money is coming.  Importantly Bitshares put up a legitimate financial platform that is fast and secured with so many assets that can be launched and exchanged.

Its back to reality ... 

The developer may consider other 2.0 technologies that are available . The original choice was DPOS. What made them seek alternatives was a comment from a guy I think is a part of the team. As I mentioned , CoinHoader did a point by point why the developer must choose DPOS. 

Back in BTT forum I was advocating DPOS for the zennet guys to use it. CoinHoader has a deep knowledge in DPOS and defended it well to what the other user think about DPOS and its disadvantage.  The Zennet project is a very ambitious one but with huge potential. Just imagine if it is using DPOS technology. Hopefully we can convince them.