Author Topic: October Newsletter - Halloween Edition  (Read 18671 times)

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Offline cass

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #15 on: November 01, 2014, 10:23:05 am »
The obvious question here is:

Who are the "other stakeholders" and why do they get sharedropped 30M BTS?

interesting question ...
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Offline xeroc

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #16 on: November 01, 2014, 10:41:01 am »
Stan .. please mention that users should also withdraw DNS from the exchanges!
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Offline ripplexiaoshan

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #17 on: November 01, 2014, 12:34:23 pm »
Stan .. please mention that users should also withdraw DNS from the exchanges!

Not necessary, bter and btc38 will honor DNS holder.


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Offline xeroc

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #18 on: November 01, 2014, 12:45:44 pm »
Stan .. please mention that users should also withdraw DNS from the exchanges!

Not necessary, bter and btc38 will honor DNS holder.
With the issue of a 2yrs vesting period you need to make sure bter and btc38 dont close their doors .. which is clearly out of our or your control
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Offline Stan

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #19 on: November 01, 2014, 01:08:28 pm »
It was, but  I added a bit more:

•   Other stakeholders (developers of DNS and VOTE) had to settle for a smaller stake (1.2%) in a much bigger DAC.  Given the combined potential, this was also a great trade.  (See their original distribution percentages.)
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Offline Riverhead

Re: *Draft* October Newsletter - Halloween Edition
« Reply #20 on: November 01, 2014, 01:22:04 pm »
Excellent news letter as usual. I feel the ecosystem is being rebooted and we all have a chance at some cheap shares while the market figures out what's happening.

Offline Stan

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #21 on: November 01, 2014, 01:25:52 pm »
I am missing the part what will happen to DNS Holders at DNS Snapshot.
I was sure there were an agreement, No?

It's there in the table...
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Offline Stan

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #22 on: November 01, 2014, 01:26:42 pm »
Excellent news letter as usual. I feel the ecosystem is being rebooted and we all have a chance at some cheap shares while the market figures out what's happening.

... and its payday!
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Offline Riverhead

Re: *Draft* October Newsletter - Halloween Edition
« Reply #23 on: November 01, 2014, 01:32:26 pm »
Excellent news letter as usual. I feel the ecosystem is being rebooted and we all have a chance at some cheap shares while the market figures out what's happening.

... and its payday!

Same here :D.

Offline Ander

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #24 on: November 01, 2014, 02:19:40 pm »
Excellent news letter as usual. I feel the ecosystem is being rebooted and we all have a chance at some cheap shares while the market figures out what's happening.

... and its payday!

Same here :D.

Mine was last week and I used it to buy more right before the 30% drop. :(
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Offline hpenvy

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #25 on: November 01, 2014, 02:27:51 pm »
I bought a large amount at 8000, I bought another large amount at 7000, bought around 15 btc this morning.. oh well.  In the next end, I'm gambling this ends up as the #1 or completely insignificant in the long term. What matters now is how we proceed, the price will work itself out one way or another based on what this community can accomplish.

Great newsletter.
« Last Edit: November 01, 2014, 02:29:30 pm by hpenvy »
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Offline lafona

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #26 on: November 01, 2014, 02:29:35 pm »
I just have one suggestion for the table or maybe a comment after the table. If one skims through the press release and glances at the table it might be possible to get misled that the sharedrop honors the pts/ags holders at the DNS snapshot and not its current holders (My initial thought). After reading more carefully the release and the comments, I can see it was meant more to explain the allocation(which was previously talked about) and not define a different one. So, a sentence clarifying that current DNS holders will be snapshotted might be helpful to reassure any doubt. Otherwise I am really excited about the changes.
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Offline emailtooaj

Re: *Draft* October Newsletter - Halloween Edition
« Reply #27 on: November 01, 2014, 02:59:28 pm »

•   Users attracted to one service will now discover them all.


+5%   Of this whole letter, I believe this to be the most powerful sentence! (of the many  8))

*I also agree with others about getting the word out about NOT leaving any DNS and PTS on the exchanges for the snapshot; get it transferred into your local wallet!
Detailing the risk of doing so will help any future distrust and arguments towards this community!
This, IMO needs to be announced more formerly by 3I and not by other forum members (either trusted or not).
If 3I has done this already then my apologies. I haven't seen it readily posted elsewhere.
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Offline Stan

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #28 on: November 01, 2014, 03:14:05 pm »
Would this make it more clear? (I'm waiting for confirmation of this proposed clarification from Toast.)


The percentage numbers in this table trace the snapshot shares back to where they originally came from for the purposes of demonstrating indirect honoring of PTS/AGS. DNS sold prior to proposal announcement still benefited the sellers and the buyers before that date will receive a small adjustment from other funds.
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Offline lafona

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Re: *Draft* October Newsletter - Halloween Edition
« Reply #29 on: November 01, 2014, 03:44:45 pm »
@Stan

Yeah that's perfect. Thanks

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