Quote from: forestalnet on October 06, 2014, 11:54:14 AM
Tell me if I´m wrong...

When buying notes on the presale... you don´t know at what price you´re doing your purchase... until the end of the day...

is this right?

If is right... in my case... I don´t want to get into something with so low information about price...

Yup, its a different price each day depending on participation - same as Angelshares was.

Tell me if I´m wrong...

When buying notes on the presale... you don´t know at what price you´re doing your purchase... until the end of the day...

is this right?

If is right... in my case... I don´t want to get into something with so low information about price...

Quote from: bobohuy on October 06, 2014, 09:23:22 AM
How do we know how many BTC has been used so far to buy Notes per day? is there a website like AGSexplorer ?

Yeah, it's called blockchain.info :)

https://blockchain.info/address/37X8DHpfiimB7PU5y35rfBcg5Vxj2R6umL

How do we know how many BTC has been used so far to buy Notes per day? is there a website like AGSexplorer ?

Quote from: liondani on October 06, 2014, 07:18:27 AM

Quote from: bitmeat on October 06, 2014, 03:41:42 AM
Yup anyone could release a StealAGSCoin DAC. :)

I am afraid too for this possibility !
I hope they release a "tool" that resolves threats like that before we are witnessing StealAGSCoin victims....

The tool is pretty simple. Don't request private key, only a signature done using the key. So easy a caveman could do it.

1 "Day" ends when the hours count is down to 00? I would make that a little more clear (in the faq).

Quote from: bitmeat on October 06, 2014, 03:41:42 AM
Yup anyone could release a StealAGSCoin DAC. :)

I am afraid too for this possibility !
I hope they release a "tool" that resolves threats like that before we are witnessing StealAGSCoin victims....

Quote from: fluxer555 on October 06, 2014, 05:51:50 AM
So then the question is, do you make more profit selling now than after the plunge, with ample opportunity to get the same Notes for much much cheaper? I think so. I could be wrong, but I guess we'll find out.

If there are more people thinking like me, I expect the price to plunge pre-snapshot, and then AGAIN post-snapshot... I think it's probable that 1 PTS now  > 1 PTS + 298.647044 Notes after the snapshot.

Imagine that.
1. A PTS owner got a snapshot at 10/10.
2. PTS price drops about $1 after snapshot.
3. Then the owner sell PTS at $2.5
4. He buys Notes with the fund.

Your logic is like, after snapshot, PTS price will go down to zero.

So then the question is, do you make more profit selling now than after the plunge, with ample opportunity to get the same Notes for much much cheaper? I think so. I could be wrong, but I guess we'll find out.

If there are more people thinking like me, I expect the price to plunge pre-snapshot, and then AGAIN post-snapshot... I think it's probable that 1 PTS now  > 1 PTS + 298.647044 Notes after the snapshot.

Ok, I made an error... PTS holders get 525,000,000 Notes not 450,000,000. So the correct math is:

1 PTS = 298.647044 Notes
Current price of PTS: 0.01176360 BTC
Current price of BTC: $300
$1 worth of PTS = 83.1885916 Notes

Therefore, each day between now and the snapshot, there needs to be over $60k in BTC donations to justify holding PTS rather than selling it for BTC and purchasing via presale.

5,000,000 Notes / $60,104.3954 = 83.1885916

Quote from: fluxer555 on October 06, 2014, 05:40:41 AM

Quote from: 天籁 on October 06, 2014, 05:30:24 AM
$1 of PTS price drop after snapshot =  255.993374 Notes

I've been trying to make sense of this, but am unable.

The total number of PTS I took from CoinMarketCap: 1,757,928. (It's already a little different than when I calculated before)

450,000,000 Notes are distributed to PTS holders.

450,000,000 / 1,757,928 = 255.98318 Notes per PTS

But after snapshot, you can sell PTS and make profit. That's what you overlook.

Quote from: fluxer555 on October 06, 2014, 05:40:41 AM

Quote from: 天籁 on October 06, 2014, 05:30:24 AM
$1 of PTS price drop after snapshot =  255.993374 Notes

I've been trying to make sense of this, but am unable.

The total number of PTS I took from CoinMarketCap: 1,757,928. (It's already a little different than when I calculated before)

450,000,000 Notes are distributed to PTS holders.

450,000,000 / 1,757,928 = 255.98318 Notes per PTS

255.98318 Notes per PTS is not equal to that the value of 1PTS = 255.98318 Notes.
1PTS before snapshot = 1PTS after snapshot +  255.98318 Notes.

Quote from: 天籁 on October 06, 2014, 05:30:24 AM
$1 of PTS price drop after snapshot =  255.993374 Notes

I've been trying to make sense of this, but am unable.

The total number of PTS I took from CoinMarketCap: 1,757,928. (It's already a little different than when I calculated before)

450,000,000 Notes are distributed to PTS holders.

450,000,000 / 1,757,928 = 255.98318 Notes per PTS

Quote from: fluxer555 on October 06, 2014, 05:12:19 AM
If my calculations are correct, this pre-sale should tank the price of PTS... just sold everything.

1 PTS = 255.993374 Notes
Current price of PTS: 0.01176360 BTC
Current price of BTC: $300
$1 worth of PTS = 71.307346 Notes

Therefore, each day between now and the snapshot, there needs to be over $70k in BTC donations to justify holding PTS rather than selling it for BTC and purchasing via presale.

5,000,000 Notes / $70,126.2272 = 71.3

Someone tell me I'm wrong?

Absolutely wrong!
$1 of PTS price drop after snapshot =  255.993374 Notes

Quote from: Shentist on October 06, 2014, 05:14:13 AM
no you are not, but the PTS snapshot will and in 4 days.

This was bad timing, very sloppy in my opinion. They should have waited until after the snapshot.