Author Topic: Am i missing somthing? price of PTS are going up AFTER snapshot?  (Read 7779 times)

0 Members and 1 Guest are viewing this topic.

Offline Stan

  • Hero Member
  • *****
  • Posts: 2908
  • You need to think BIGGER, Pinky...
    • View Profile
    • Cryptonomex
  • BitShares: Stan

It was a blatant violation of the social contract. PTS holders are no longer entitled to 10% of future DACs. Can't expect people to just let that go. I agree with the change it was necessary, but it did affect some folks, it will leave a scar regardless.

False.  PTS and AGS continue to represent the exact same demographics as always and developers have the same motivation to target them with air drops.   We continue to recommend that the community insist on that behavior from developers seeking their support.  And PTS and AGS holders also naturally benefit from all efforts to grow the value of BTS.

Lol. Come on man. Let's call a spade a spade. Will prior AGS and PTS holders take in 10% each? Or will it be 7% of 10% or in other words 0.7% of future DACs instead of 10%. Are you sure, you honored that contract?

No, I have no interest in spreading FUD. I've been a supporter of this project for quite some time. That said I am glad I have reduced my position. But am still vested.

Please read the newsletter.  It's all explained there.  :)
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline bitmeat

  • Hero Member
  • *****
  • Posts: 1116
    • View Profile
Future DACs inside BTS will likely NOT honor 10% even if they wanted to it would probably be hard. Stop giving play as example.

Offline biophil

  • Hero Member
  • *****
  • Posts: 880
  • Professor of Computer Science
    • View Profile
    • My Academic Website
  • BitShares: biophil
It was a blatant violation of the social contract. PTS holders are no longer entitled to 10% of future DACs. Can't expect people to just let that go. I agree with the change it was necessary, but it did affect some folks, it will leave a scar regardless.

Why do you people keep harping on this? Read Stan's and toadt's replies, then note that PLAY and RandPaulCoin are both honoring the November 5 snapshot.

Sent from my SCH-S720C using Tapatalk 2

Support our research efforts to improve BitAsset price-pegging! Vote for worker 1.14.204 "201907-uccs-research-project."

Offline bitmeat

  • Hero Member
  • *****
  • Posts: 1116
    • View Profile

It was a blatant violation of the social contract. PTS holders are no longer entitled to 10% of future DACs. Can't expect people to just let that go. I agree with the change it was necessary, but it did affect some folks, it will leave a scar regardless.

False.  PTS and AGS continue to represent the exact same demographics as always and developers have the same motivation to target them with air drops.   We continue to recommend that the community insist on that behavior from developers seeking their support.  And PTS and AGS holders also naturally benefit from all efforts to grow the value of BTS.

Lol. Come on man. Let's call a spade a spade. Will prior AGS and PTS holders take in 10% each? Or will it be 7% of 10% or in other words 0.7% of future DACs instead of 10%. Are you sure, you honored that contract?

No, I have no interest in spreading FUD. I've been a supporter of this project for quite some time. That said I am glad I have reduced my position. But am still vested.

Offline toast

  • Hero Member
  • *****
  • Posts: 4001
    • View Profile
  • BitShares: nikolai
It was a blatant violation of the social contract. PTS holders are no longer entitled to 10% of future DACs. Can't expect people to just let that go. I agree with the change it was necessary, but it did affect some folks, it will leave a scar regardless.

No, dacs can still honor whatever they like. Look at PLAY

Sent from my SCH-I535 using Tapatalk

Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline biophil

  • Hero Member
  • *****
  • Posts: 880
  • Professor of Computer Science
    • View Profile
    • My Academic Website
  • BitShares: biophil
I'm pretty sure the buying on Bter is mostly arbitrage bots. Some exchanges (like Cryptsy) still have very high prices, so a naive arbitrage bot could be buying up all the cheap PTS in order to sell it on the expensive exchanges.

Sent from my SCH-S720C using Tapatalk 2

Support our research efforts to improve BitAsset price-pegging! Vote for worker 1.14.204 "201907-uccs-research-project."

Offline Stan

  • Hero Member
  • *****
  • Posts: 2908
  • You need to think BIGGER, Pinky...
    • View Profile
    • Cryptonomex
  • BitShares: Stan
It was a blatant violation of the social contract. PTS holders are no longer entitled to 10% of future DACs. Can't expect people to just let that go. I agree with the change it was necessary, but it did affect some folks, it will leave a scar regardless.

False.  PTS and AGS continue to represent the exact same demographics as always and developers have the same motivation to target them with air drops.   We continue to recommend that the community insist on that behavior from developers seeking their support.  And PTS and AGS holders also naturally benefit from all efforts to grow the value of BTS.
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline vegolino

  • Sr. Member
  • ****
  • Posts: 450
  • Reality is Information
    • View Profile
I think the Chinese community has abandoned BTS but are sticking with PTS. (Not all but some)

Why am I feeling that you are spreading FUD (?)
My apologize if my bad English is the reason I made this assumption
  +5%
I am feeling as well that he is spreading FUD.

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
I think the Chinese community has abandoned BTS but are sticking with PTS. (Not all but some)

Why am I feeling that you are spreading FUD (?)
My apologize if my bad English is the reason I made this assumption

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
whatever shit-coins-bitcoin-clones  are compared with bitcoin...
the same will be the case with most dpos-clones compared to bitshares...

so be very careful with the future mega-shit-dpos-pump coins.

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
Yes, there are talks of making a DPOS version of PTS so that independent airdrops could be done that honor the old contract. Just like PLAY. I think the Chinese community has abandoned BTS but are sticking with PTS. (Not all but some)

Whether that will go anywhere is another story.

lol

with a combined 24h volume at $8000  http://coinmarketcap.com/currencies/bitshares-pts/#markets
talking about it "seriously" makes me thing you are joking! I really don't want to think something else(?)

Offline FreeTrade

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 700
    • View Profile
Yes, there are talks of making a DPOS version of PTS so that independent airdrops could be done that honor the old contract.

I think this could be a very interesting project. Not really excited about the airdrops, but a simple DPOS altcoin, that's been fairly mined, widely distributed, with some devs with large positions, and the potential for compensated delegates (think dev, marketing, legal). That's got good potential.
“People should be more sophisticated? How are you gonna get that done?” - Jerry Seinfeld reply to Bill Maher

Offline bitmeat

  • Hero Member
  • *****
  • Posts: 1116
    • View Profile
It was a blatant violation of the social contract. PTS holders are no longer entitled to 10% of future DACs. Can't expect people to just let that go. I agree with the change it was necessary, but it did affect some folks, it will leave a scar regardless.

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
people should accept change. I dont understand why everyone seems to care so much about PTS instead of moving on. It will just divide the community and it's resources
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline bitmeat

  • Hero Member
  • *****
  • Posts: 1116
    • View Profile
Also not sure any mining is happening I.e. Not sure transfers in/out of exchanges would work.