Quote from: bytemaster on February 23, 2014, 08:49:40 PM

Quote from: delulo on February 23, 2014, 08:39:27 PM
so that means it would be possible to hold pts on bter/btc38 on snap shot date?
How would that provide options for speculators? By trading BterBTS against BTS?

By allowing people to buy and sell their BTS positions into/out of Bitcoin.

Sorry for not getting it. Isnt this what an exchange is supposed to do? Or will that be possible before the 28th?

Quote from: delulo on February 23, 2014, 08:39:27 PM
so that means it would be possible to hold pts on bter/btc38 on snap shot date?
How would that provide options for speculators? By trading BterBTS against BTS?

By allowing people to buy and sell their BTS positions into/out of Bitcoin.

so that means it would be possible to hold pts on bter/btc38 on snap shot date?
How would that provide options for speculators? By trading BterBTS against BTS?

Yes but they won't include any address with under like 0.0001 (not sure about the exact number)

Sorry if this has been covered somewhere else, but will fractional shares of PTS count towards the new shares? Thanks.

Quote from: xeroc on February 23, 2014, 10:59:24 AM

Quote from: bytemaster on February 23, 2014, 09:08:42 AM
We have likely commitments from btc38 and bter that they will be honoring the BTS split from PTS on the 28th.   You will not be able to withdraw your BTS from these exchanges until after the BitShares XT network is finalized and assumed secure (not needing a reset).  This provides an interesting option for people wishing to speculate on BitShares X during the testing phase.

We will be getting more information regarding how these exchanges will handle this prior to the 28th.   So do not consider this an 'all clear' to leave your balance there, but do be on notice that this option may be available to you.

I dont get it .. does this mean, they will send us the privatekeys for the bts (corresponding to the pts in our wallets there)??

Your PTS private keys *are* your BTS private keys, the public keys are embedded in the genesis block

Quote from: bytemaster on February 23, 2014, 09:08:42 AM
We have likely commitments from btc38 and bter that they will be honoring the BTS split from PTS on the 28th.   You will not be able to withdraw your BTS from these exchanges until after the BitShares XT network is finalized and assumed secure (not needing a reset).  This provides an interesting option for people wishing to speculate on BitShares X during the testing phase.

We will be getting more information regarding how these exchanges will handle this prior to the 28th.   So do not consider this an 'all clear' to leave your balance there, but do be on notice that this option may be available to you.

I dont get it .. does this mean, they will send us the privatekeys for the bts (corresponding to the pts in our wallets there)??

Thank you BTC38 and BTER

Quote from: smokim11 on February 23, 2014, 09:18:57 AM

Quote from: bytemaster on February 23, 2014, 09:08:42 AM
We have likely commitments from btc38 and bter that they will be honoring the BTS split from PTS on the 28th.   You will not be able to withdraw your BTS from these exchanges until after the BitShares XT network is finalized and assumed secure (not needing a reset).  This provides an interesting option for people wishing to speculate on BitShares X during the testing phase.

We will be getting more information regarding how these exchanges will handle this prior to the 28th.   So do not consider this an 'all clear' to leave your balance there, but do be on notice that this option may be available to you.

This might have been discussed alot and asked way too many times, so sorry for my ignorance.

I was just wondering, I mined about 150 PTS last year and sold them. Do I get any BTS or does one have to be holding PTS to get BTS? My total 150 PTS were all mined.

Thanks.

You must hold them on the snapshot date.

Quote from: bytemaster on February 23, 2014, 09:08:42 AM
We have likely commitments from btc38 and bter that they will be honoring the BTS split from PTS on the 28th.   You will not be able to withdraw your BTS from these exchanges until after the BitShares XT network is finalized and assumed secure (not needing a reset).  This provides an interesting option for people wishing to speculate on BitShares X during the testing phase.

We will be getting more information regarding how these exchanges will handle this prior to the 28th.   So do not consider this an 'all clear' to leave your balance there, but do be on notice that this option may be available to you.

This might have been discussed alot and asked way too many times, so sorry for my ignorance.

I was just wondering, I mined about 150 PTS last year and sold them. Do I get any BTS or does one have to be holding PTS to get BTS? My total 150 PTS were all mined.

Thanks.

We have likely commitments from btc38 and bter that they will be honoring the BTS split from PTS on the 28th.   You will not be able to withdraw your BTS from these exchanges until after the BitShares XT network is finalized and assumed secure (not needing a reset).  This provides an interesting option for people wishing to speculate on BitShares X during the testing phase.

We will be getting more information regarding how these exchanges will handle this prior to the 28th.   So do not consider this an 'all clear' to leave your balance there, but do be on notice that this option may be available to you.