Author Topic: Announcing BitShares AGS & BitShares X Allocation  (Read 56501 times)

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Offline threepoint14

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #120 on: December 30, 2013, 04:22:39 am »
This is really great news and I am watching in great interest.  Here is my analysis of things.

For anyone wanting to hold PTS long-term and not day trade, AGS is a far better deal anytime they receive less than 5000 PTS per day.

It looks like they are using a very aggressive bounty plan which gives me confidence that the funds we provide are being put to good use.

From where I sit, they just created a way for every one who owns PTS to fund development without losing our cut in the future.   I see almost no reason to hold on to my PTS so long as AGS is so cheap.  It will be interesting to see how many others agree.

Offline voldemort628

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #121 on: December 30, 2013, 12:12:56 pm »
 coinexplorer doesnt seem to show the correct numbers here, cos the first transaction of 500pts from some punk (well maybe not) is shown twice....

https://coinplorer.com/PTS/Addresses/PaNGELmZgzRQCKeEKM6ifgTqNkC4ceiAWw


Offline dahongfei

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #122 on: December 30, 2013, 12:25:16 pm »
coinexplorer doesnt seem to show the correct numbers here, cos the first transaction of 500pts from some punk (well maybe not) is shown twice....

https://coinplorer.com/PTS/Addresses/PaNGELmZgzRQCKeEKM6ifgTqNkC4ceiAWw

You're right. There's a bug in coinplorer.com counting many PTS transactions twice.

Offline voldemort628

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #123 on: December 30, 2013, 12:32:04 pm »
coinexplorer doesnt seem to show the correct numbers here, cos the first transaction of 500pts from some punk (well maybe not) is shown twice....

https://coinplorer.com/PTS/Addresses/PaNGELmZgzRQCKeEKM6ifgTqNkC4ceiAWw

You're right. There's a bug in coinplorer.com counting many PTS transactions twice.

no wonderrr...made me happy for a split of a sec that somehow my donation to keyhotee project got doubled hahah

Offline bytemaster

Re: Announcing Angel Shares & BitShares Allocation
« Reply #124 on: December 30, 2013, 10:36:39 pm »
« Last Edit: December 30, 2013, 10:43:01 pm by bytemaster »
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 bitcrab

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #125 on: December 31, 2013, 05:00:45 am »
one question regarding the BTS allocation:

according to my understing, suppose at BTS release only 1.5M PTS are mined out, then each PTS will be allocated 2/1.5=1.33 BTS, the rest 0.5M PTS which are not mined out yet will not get BTS allocated and there will be no more 1:1 matching for PTS and BTS, right?

the same question for AGS and BTS matching, as at BTS release maybe only 1M AGS are sold out.

« Last Edit: December 31, 2013, 05:05:18 am by giantcrab »

Offline bytemaster

Re: Announcing Angel Shares & BitShares Allocation
« Reply #126 on: December 31, 2013, 05:38:23 am »
one question regarding the BTS allocation:

according to my understing, suppose at BTS release only 1.5M PTS are mined out, then each PTS will be allocated 2/1.5=1.33 BTS, the rest 0.5M PTS which are not mined out yet will not get BTS allocated and there will be no more 1:1 matching for PTS and BTS, right?

the same question for AGS and BTS matching, as at BTS release maybe only 1M AGS are sold out.

Correct, there will be greater than 1:1 matching if we launch before things are mined out.
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 bitcrab

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #127 on: December 31, 2013, 07:30:45 am »
one question regarding the BTS allocation:

according to my understing, suppose at BTS release only 1.5M PTS are mined out, then each PTS will be allocated 2/1.5=1.33 BTS, the rest 0.5M PTS which are not mined out yet will not get BTS allocated and there will be no more 1:1 matching for PTS and BTS, right?

the same question for AGS and BTS matching, as at BTS release maybe only 1M AGS are sold out.

Correct, there will be greater than 1:1 matching if we launch before things are mined out.

same for AGS? suppose BTS will be released after exactly 100 days from now and at that time 1M AGS are sold out, will it be a 1:2 matching for AGS:BTS?

Offline bytemaster

Re: Announcing Angel Shares & BitShares Allocation
« Reply #128 on: December 31, 2013, 07:44:00 am »
one question regarding the BTS allocation:

according to my understing, suppose at BTS release only 1.5M PTS are mined out, then each PTS will be allocated 2/1.5=1.33 BTS, the rest 0.5M PTS which are not mined out yet will not get BTS allocated and there will be no more 1:1 matching for PTS and BTS, right?

the same question for AGS and BTS matching, as at BTS release maybe only 1M AGS are sold out.

Correct, there will be greater than 1:1 matching if we launch before things are mined out.

same for AGS? suppose BTS will be released after exactly 100 days from now and at that time 1M AGS are sold out, will it be a 1:2 matching for AGS:BTS?

Yes.
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 voldemort628

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #129 on: December 31, 2013, 07:53:25 am »
In the long run, it doesnt matter.

Offline bytemaster

Re: Announcing Angel Shares & BitShares Allocation
« Reply #130 on: December 31, 2013, 07:54:44 am »
In the long run, it doesnt matter.

The closer we get to release the more competitive bidding will become, so these facts do affect the price/bidding in the first 3 months more than the last 3 months.
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 voldemort628

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #131 on: December 31, 2013, 08:15:59 am »
What about other DAC concepts that Invictus has? Do you have any rough idea or release plan for them?

Offline MrJeans

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #132 on: December 31, 2013, 10:00:54 am »
I have created a google docs XLS sheet to track all expenses paid from the Angel fund.  Our goal is to make everything as transparent as possible.

https://docs.google.com/a/invictus-innovations.com/spreadsheet/ccc?key=0AqTwk-e7yzJydFZ3bVVWT0o1OUwzXzdESHFBY0FkUWc&usp=sharing

https://docs.google.com/spreadsheet/ccc?key=0AqTwk-e7yzJydDFnQmlkTVlkbWpubnJBbzR2UG5ucnc&usp=sharing
Thanks for this.
Is there a document that will show all AGS income (donations) so that we can work out a balance sheet.
Or are we just waiting for a good 'blockchain explorer' of AGS and can work it out from there.

Offline bytemaster

Re: Announcing Angel Shares & BitShares Allocation
« Reply #133 on: December 31, 2013, 02:57:16 pm »
I have created a google docs XLS sheet to track all expenses paid from the Angel fund.  Our goal is to make everything as transparent as possible.

https://docs.google.com/a/invictus-innovations.com/spreadsheet/ccc?key=0AqTwk-e7yzJydFZ3bVVWT0o1OUwzXzdESHFBY0FkUWc&usp=sharing

https://docs.google.com/spreadsheet/ccc?key=0AqTwk-e7yzJydDFnQmlkTVlkbWpubnJBbzR2UG5ucnc&usp=sharing
Thanks for this.
Is there a document that will show all AGS income (donations) so that we can work out a balance sheet.
Or are we just waiting for a good 'blockchain explorer' of AGS and can work it out from there.

Someone will produce the tools necessary.  the AGS explorer sites (there are multiple entries in the competition) will probably answer most of your questions.
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 dahongfei

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Re: Announcing Angel Shares & BitShares Allocation
« Reply #134 on: December 31, 2013, 05:16:46 pm »
Is there any term prohibiting  Invictus to invest in AGS with PTS mined by itself?