Author Topic: Exchanges Honoring PTS / BTS Split on the 28th  (Read 3907 times)

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Offline muse-umum

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Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #15 on: February 27, 2014, 05:58:21 pm »
BTER released their schedule where we can see the snapshot taken time as they say is Feb.28 2014 24:00:00 GST.  But in my memory GMT is the right one instead of GST .  Can anyone from 3I help clarify this ?

You may check the BTER schedule here https://bter.com/article/177

Offline graffenwalder

Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #16 on: February 27, 2014, 05:59:40 pm »
Just checked my cryptsy account, on the balances tap it says X amount cryptsy points next to it 0.000 Bitshares!!!!

Edit: this is the dashboard tap
« Last Edit: February 27, 2014, 06:02:26 pm by Graffenwalder »

Offline graffenwalder

Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #17 on: February 27, 2014, 06:04:21 pm »
Sorry false alarm, it seems they have changed the name of PTS in bitshares sorry

Offline mint chocolate chip

Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #18 on: February 27, 2014, 06:05:33 pm »
Cryptsy seems to have replaced the name of Protoshares with Bitshares, don't know if that means anything.


Am I understanding this correctly, while most will have to wait to claim their new bitshares until a wallet import tool etc. are ready, but people who have PTS on BTER will be able to immediately start trading bitshares on March 1?

Offline bytemaster

Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #19 on: February 27, 2014, 06:36:36 pm »
Cryptsy seems to have replaced the name of Protoshares with Bitshares, don't know if that means anything.


Am I understanding this correctly, while most will have to wait to claim their new bitshares until a wallet import tool etc. are ready, but people who have PTS on BTER will be able to immediately start trading bitshares on March 1?

Yes... but not withdraw BitShares until the software is ready to do so. 
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline muse-umum

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Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #20 on: February 27, 2014, 06:48:23 pm »
Cryptsy seems to have replaced the name of Protoshares with Bitshares, don't know if that means anything.


Am I understanding this correctly, while most will have to wait to claim their new bitshares until a wallet import tool etc. are ready, but people who have PTS on BTER will be able to immediately start trading bitshares on March 1?

Yes... but not withdraw BitShares until the software is ready to do so.

BTER released their schedule where we can see the snapshot taken time as they say is Feb.28 2014 24:00:00 GST.  But in my memory GMT is the right one instead of GST .  Can you please help clarify this ?

You may check the BTER schedule here https://bter.com/article/177

Offline biophil

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Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #21 on: February 27, 2014, 07:15:05 pm »
Cryptsy seems to have replaced the name of Protoshares with Bitshares, don't know if that means anything.


Am I understanding this correctly, while most will have to wait to claim their new bitshares until a wallet import tool etc. are ready, but people who have PTS on BTER will be able to immediately start trading bitshares on March 1?

To clarify:

Maybe you're getting information somewhere else, but the article at https://bter.com/article/177 does not say that you can start trading bitshares on March 1. It says that PTS trading resumes after the trading halt. If Bter allowed Bitshare trading pre-launch, that would essentially turn them into a futures exchange. That would be cool, but unless Bter's pockets are deeper than I think they are, it would be a monumentally risky move. :)
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Offline graffenwalder

Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #22 on: February 27, 2014, 07:21:36 pm »
Cryptsy seems to have replaced the name of Protoshares with Bitshares, don't know if that means anything.


Am I understanding this correctly, while most will have to wait to claim their new bitshares until a wallet import tool etc. are ready, but people who have PTS on BTER will be able to immediately start trading bitshares on March 1?

To clarify:

Maybe you're getting information somewhere else, but the article at https://bter.com/article/177 does not say that you can start trading bitshares on March 1. It says that PTS trading resumes after the trading halt. If Bter allowed Bitshare trading pre-launch, that would essentially turn them into a futures exchange. That would be cool, but unless Bter's pockets are deeper than I think they are, it would be a monumentally risky move. :)

Why? They know exactly how much BTS every PTS account would get. So even in the case of a reset it wouldn't matter, as long as they don't allow withdrawals until the xt chain is safe.

Offline popete

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Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #23 on: February 27, 2014, 07:57:26 pm »
beta.beeeeer.org and PTS pool could do the same but not reach the minimum of withdraw

Offline Pauly

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Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #24 on: February 27, 2014, 08:59:45 pm »
I feel this is cool that the exchanges are doing it, but the whole time zone and dates makes it a bit confusing.
Plus rundown clock on invictus.io website hasn't been working for me today.
end of February GMT is what I'm sticking with I guess.

Hey can anyone confirm from bitshares, that this is going to happen with BTS and exchanges? wouldn't the exchanges have to be working in tandem with Bitshares to aquire BTS?

Offline bytemaster

Re: Exchanges Honoring PTS / BTS Split on the 28th
« Reply #25 on: February 27, 2014, 09:33:58 pm »
I feel this is cool that the exchanges are doing it, but the whole time zone and dates makes it a bit confusing.
Plus rundown clock on invictus.io website hasn't been working for me today.
end of February GMT is what I'm sticking with I guess.

Hey can anyone confirm from bitshares, that this is going to happen with BTS and exchanges? wouldn't the exchanges have to be working in tandem with Bitshares to aquire BTS?

Exchanges who hold PTS private keys get it automatically.  If they are 100% backed exchanges then they will automatically have access to the BTS when someone launches the first XT chain.
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.