Author Topic: Announcing BitShares AGS & BitShares X Allocation  (Read 97549 times)

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Offline voldemort628

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funds seem to flow into AGS much faster now...
damn..should have put in more when people were still celebrating :|

Offline bytemaster

Gonna keep asking this in both threads since this keeps getting buried with no response.

The OP states:

A) There will be 10,000 angelshares set aside proportionally for keyhotee founders.
b) There will be 200 x (5,000 x 2) rewarded over the course of 200 days.

That does not sum to 2,000,000, that sums to 2,010,000.
Can someone explain this?

I already responded to this once.   First 2 days were Keyhotee Founders, and Christmas to Jan 1, then 198 days after that.   
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Offline toast

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Gonna keep asking this in both threads since this keeps getting buried with no response.

The OP states:

A) There will be 10,000 angelshares set aside proportionally for keyhotee founders.
b) There will be 200 x (5,000 x 2) rewarded over the course of 200 days.

That does not sum to 2,000,000, that sums to 2,010,000.
Can someone explain this?
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Offline Stan

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We are establishing the share allocation of BitShares 1.0 which will have 4 million total shares.  2 million will be allocated proportional to PTS holders and 2 million proportional to AngelShare (AGS) holders.


Hi guys, I just wanted to confirm this was right.

Will there still be 20 000 000 Bitshares in total and AGS & PTS will make up 4 million of that total?
Or will there only be 4 million BTS in total now?

Thanks

Edit: Ok pretty sure it looks like 4 million total from the posts above but just wanted to confirm as makes a big difference.

Total of 4 million. Period.
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Offline bytemaster

So looking at the bitcoin address for angelshares, is the tx of 8btc shown at around 2 05 am 2/1/2014 included in the date of '1/1' or '2/1'?

Size   225 (bytes)
Received Time   2014-01-02 01:53:04
Included In Blocks   278214 (2014-01-02 02:05:30 +12 minutes)
Confirmations   8 Confirmations
Relayed by IP    130.185.106.12 (whois)
Visualize   View Tree Chart
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Offline voldemort628

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So looking at the bitcoin address for angelshares, is the tx of 8btc shown at around 2 05 am 2/1/2014 included in the date of '1/1' or '2/1'?

Offline Empirical1

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We are establishing the share allocation of BitShares 1.0 which will have 4 million total shares.  2 million will be allocated proportional to PTS holders and 2 million proportional to AngelShare (AGS) holders.


Hi guys, I just wanted to confirm this was right.

Will there still be 20 000 000 Bitshares in total and AGS & PTS will make up 4 million of that total?
Or will there only be 4 million BTS in total now?

Thanks

Edit: Ok pretty sure it looks like 4 million total from the posts above but just wanted to confirm as makes a big difference.
« Last Edit: January 02, 2014, 03:25:07 am by Empirical1 »

Offline bytemaster

Do AGS 1:1 map to BTS? For example, if one investor has 100 AGS, can he claim 100 BTS by 100 AGS? Or only 10%=10BTS? If only 10%, I do not think this is a good idea. Please clarify.

If Investor has X AGS out of T total AGS issued then they get   X/T * 2000000 BTC out of a total of 4M BTC.

Dan

The T should equal to 200M from the beginning of this thread, or still changing?

T = 20,000 today, grows by 10,000 per day.
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Offline 520Bit

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Do AGS 1:1 map to BTS? For example, if one investor has 100 AGS, can he claim 100 BTS by 100 AGS? Or only 10%=10BTS? If only 10%, I do not think this is a good idea. Please clarify.

If Investor has X AGS out of T total AGS issued then they get   X/T * 2000000 BTC out of a total of 4M BTC.

Dan

The T should equal to 200M from the beginning of this thread, or still changing?
Accept BTC/XCP/MSC: 152oBitoBwHwxR5UpUQnsvWSFjYHkheDJk
PTS: PtPXhrP5jk8BPH5fFcPnBgNSrfmJ6DCFcW
PPC: PRT95iQEKUzJSb2XsPjLgdbyoSyKiDmyb9

Offline bytemaster

Do AGS 1:1 map to BTS? For example, if one investor has 100 AGS, can he claim 100 BTS by 100 AGS? Or only 10%=10BTS? If only 10%, I do not think this is a good idea. Please clarify.

If Investor has X AGS out of T total AGS issued then they get   X/T * 2000000 BTC out of a total of 4M BTC.

Dan
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 520Bit

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Do AGS 1:1 map to BTS? For example, if one investor has 100 AGS, can he claim 100 BTS by 100 AGS? Or only 10%=10BTS? If only 10%, I do not think this is a good idea. Please clarify.
Accept BTC/XCP/MSC: 152oBitoBwHwxR5UpUQnsvWSFjYHkheDJk
PTS: PtPXhrP5jk8BPH5fFcPnBgNSrfmJ6DCFcW
PPC: PRT95iQEKUzJSb2XsPjLgdbyoSyKiDmyb9

Offline bytemaster

Looks like the sell wall at BTER has disappeared...  no one is selling PTS right now!

http://www.cryptocoincharts.info/orderbook.php?pair=pts-btc&market=bter

I dunno, I just bought some at bter so someone is selling :)

I just mean the volume of sellers is 1/6 the volume of buyers and where there use to be 1000+ PTS for sale at 0.03 it is no longer for sale. 
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Offline onceuponatime

Looks like the sell wall at BTER has disappeared...  no one is selling PTS right now!

http://www.cryptocoincharts.info/orderbook.php?pair=pts-btc&market=bter

I dunno, I just bought some at bter so someone is selling :)

Offline bytemaster

Looks like the sell wall at BTER has disappeared...  no one is selling PTS right now!

http://www.cryptocoincharts.info/orderbook.php?pair=pts-btc&market=bter
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 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.