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Offline slacking

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #30 on: December 26, 2013, 04:51:30 AM »
Am I understanding this correctly in that if one person sends 1 PTS to the Angelshares address and that is all the PTS sent in for THAT day, then they get all 5,000 Angelshares for that day? But if 5,000 people send in 1 PTS for that day, each gets 1 Angelshare?

Offline Lighthouse

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #31 on: December 26, 2013, 04:52:20 AM »
Am I understanding this correctly in that if one person sends 1 PTS to the Angelshares address and that is all the PTS sent in for THAT day, then they get all 5,000 Angelshares for that day? But if 5,000 people send in 1 PTS for that day, each gets 1 Angelshare?

Yes, thats correct.   You bid a total amount of support, and at the end of the day the allocation is split between all donors proportionally.
Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

Offline bytemaster

Re: Announcing Angel Shares & BitShares Allocation
« Reply #32 on: December 26, 2013, 04:52:25 AM »

Am I understanding this correctly in that if one person sends 1 PTS to the Angelshares address and that is all the PTS sent in for THAT day, then they get all 5,000 Angelshares for that day? But if 5,000 people send in 1 PTS for that day, each gets 1 Angelshare?

Yes


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Offline slacking

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #33 on: December 26, 2013, 05:09:14 AM »
So it might just be better to dollar cost average the total amount you want to invest? Say I have $10,000. I spend half on bitcoins, half on pts then send in 1/200th bitcoin and pts in each day. Or is it better to send the entire amount in at once at go for the highest proportion sent in for that day.

Offline alt

Re: Announcing Angel Shares & BitShares Allocation
« Reply #34 on: December 26, 2013, 05:11:53 AM »
What happen if 3I  send pts to the address?
Am I understanding this correctly in that if one person sends 1 PTS to the Angelshares address and that is all the PTS sent in for THAT day, then they get all 5,000 Angelshares for that day? But if 5,000 people send in 1 PTS for that day, each gets 1 Angelshare?

Offline Lighthouse

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #35 on: December 26, 2013, 05:13:22 AM »
So it might just be better to dollar cost average the total amount you want to invest? Say I have $10,000. I spend half on bitcoins, half on pts then send in 1/200th bitcoin and pts in each day. Or is it better to send the entire amount in at once at go for the highest proportion sent in for that day.

I would suggest Invictus offers a service (for a small fee) to investors who would like to hand off a large amount of investment funds without having to try and micromanage daily investments.   Bytemaster, do you have any plans for how to address this issue?   If I for example wanted to invest 1000 PTS in angelshares, how could I efficiently do that without having to pay attention all the time to the address?  Seems like this is a method intended to service larger investors and yet it requires more hands-on management than Protoshares ever did.
That should be clearly stated because it would undermine the whole process if we did that.   

We will not recycle funds through the address.   

We need to find a way to address people we pay bounties to to reinvest without invictus being blamed.   


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Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

Offline toast

Re: Announcing Angel Shares & BitShares Allocation
« Reply #36 on: December 26, 2013, 05:16:07 AM »
UNRELATED TANGENT

Anyone have any idea how one of these transactions has only 4 confirmations while the ones after it have more than 10? It it just a blockchain.info bug?
https://blockchain.info/address/1ANGELwQwWxMmbdaSWhWLqBEtPTkWb8uDc
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 Number 1

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #37 on: December 26, 2013, 05:17:45 AM »

Merry Christmas Keyhotee Founders!!
The first 10,000 AngelShares are set-aside proportionally for Keyhotee Founders.  Invictus Innovations shareholders are not eligible.  Donations to Keyhotee after Dec 24, 2013 at Midnight GMT don't count.
[/center]


Jan 1st, 2014 shall include all transactions sent to the Angel addresses in 2013.

Please can you elaborate on this.. Have the Angelshares for Keyhotee founders already been allocated based on Keyhotee ID contributions before dec 24th?

Nice gesture for early adopters who donated :)
PTS: Pj8UH9ExVidcFd4LKtEgPSrwrtpYhPhug8

Offline Lighthouse

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #38 on: December 26, 2013, 05:19:53 AM »

Merry Christmas Keyhotee Founders!!
The first 10,000 AngelShares are set-aside proportionally for Keyhotee Founders.  Invictus Innovations shareholders are not eligible.  Donations to Keyhotee after Dec 24, 2013 at Midnight GMT don't count.
[/center]


Jan 1st, 2014 shall include all transactions sent to the Angel addresses in 2013.

Please can you elaborate on this.. Have the Angelshares for Keyhotee founders already been allocated based on Keyhotee ID contributions before dec 24th?

Nice gesture for early adopters who donated :)

Yes, what was the total number of founder IDs claimed, and how many PTS was raised in this way?
Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

Offline oco101

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #39 on: December 26, 2013, 05:29:43 AM »
Part of the answer is :

Quote
We are in the process of auditing payments, but the number of people that submitted the form and were assigned a PTS or BTC address is about 650.

https://bitsharestalk.org/index.php?topic=1615.msg17768#msg17768

Offline bytemaster

Re: Announcing Angel Shares & BitShares Allocation
« Reply #40 on: December 26, 2013, 05:36:34 AM »


Merry Christmas Keyhotee Founders!!
The first 10,000 AngelShares are set-aside proportionally for Keyhotee Founders.  Invictus Innovations shareholders are not eligible.  Donations to Keyhotee after Dec 24, 2013 at Midnight GMT don't count.
[/center]


Jan 1st, 2014 shall include all transactions sent to the Angel addresses in 2013.

Please can you elaborate on this.. Have the Angelshares for Keyhotee founders already been allocated based on Keyhotee ID contributions before dec 24th?

Nice gesture for early adopters who donated :)

Yes, what was the total number of founder IDs claimed, and how many PTS was raised in this way?

Close to 4500 pts and some btc from early days. 


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Offline Lighthouse

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #41 on: December 26, 2013, 05:38:52 AM »
So you raised over 100BTC worth of PTS from something that is basically free for you to do, pretty successful initiative!
Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

Offline Number 1

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #42 on: December 26, 2013, 05:39:15 AM »
So each Keyhotee founder should get approximately 2 angelshares per PTS donated.
PTS: Pj8UH9ExVidcFd4LKtEgPSrwrtpYhPhug8

Offline Lighthouse

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #43 on: December 26, 2013, 05:40:07 AM »
So each Keyhotee founder should get approximately 2 angelshares per PTS donated.

Which puts the initial valuation of Angelshares at about .01btc/ea
Before you say the price of PTS is too high, take a look at theThe Reason.  Protoshares are an entirely new type of Cryptocurrency, one that pays to hold.

Offline Number 1

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #44 on: December 26, 2013, 05:41:45 AM »
So you raised over 100BTC worth of PTS from something that is basically free for you to do, pretty successful initiative!

+1
PTS: Pj8UH9ExVidcFd4LKtEgPSrwrtpYhPhug8

 

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