They couldn't put up a web page where people could digitally sign a transaction and it is visible publicly by everyone? Just as an interim solution until the actual BTS x is up and running. They could easily make this a bounty. Now I know that this seems like a bandaid but it is better to be liquid. Anyways, I see all these solutions and they are all possible and easy to implement. As far as being held hostage it is not rubbish. Most people here expected to be able to trade BTS X shortly after the Feb snapshot. In fact I expected end of March, end of April was my somewhat conservative estimate. Yes, some of us who would like to divest now that our confidence is lower are being held hostage. Furthermore I'm offering a solution that would not slow down Bytemaster and should be very easy to implement. Heck I might even implement it myself if there is enough interest and a good bounty.
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Can you give me the link where bytemaster and/or anyone else on the Invictus team stated that BTS would be up and running shortly after the Feb Snapshot? I recall them playing it safe and working hard not to convey this notion. "Most people" here also needs backing...because most of the people I know on this forum who have been around long enough to actually read through the content on the forums were well aware bm and the team were only guaranteeing they would release BTS when they felt it was sufficiently tested and running.
You could make a website, but that doesn't change the issue with having to create a secure way of generating genesis blocks to handle that list, without any errors and needing to be part of the new toolkit being developed, which is not an afternoon of work. Also those signed transactions without something like a blockchain-timestamp-verification method will not be any more secure than the very first key and would in all practicality not solve anything. Alternatively if the Invictus team, starts to centrally screw around with the donating addresses that will open a Pandoras box of shitstorms that will make the current spring breeze of hissy-fits look insignificant in comparison.
Imo, your points about wanting to divest does not change much about the hostage-story being bs. Because all that time PTS was and is still there as a completely viable choice and I still think it strange why people chose AGS if they did not really want to and then start blaming others. AGS was never meant to be liquid and I never got the impression it was supposed to be and I always saw it as a kickstarter style fundraiser to help development of an industry and not a presale of a finished product. PTS was for the speculators and the angelshares were meant for funding the cause. Also even with the over-enthusiastic estimate, it was never anything more than that and as far as I understood it only for the first public test-chain, not the final bet your pension plus inheritance one. Even before the announced estimate there were warnings that a bug would require a new test chain to be developed, which lucky for the speculators was discovered before trading actually went live.
Thinking about it I don't understand why any PTS-holder would be whining at all, because they get the added bonus of AGS investments and things those funds are paying for, without PTS-holders needing to lift a finger. Do PTS-speculators actually think they are buying directly from the Invictus team instead of their money going to other speculators and miners?
Oh Joey, you have a way with words man. I agree 100%...if you didn't want to invest into AngelShares (AGS), which were openly explained as "non-liquid", then why the heck did you buy them and why are you upset? You could have easily held PTS (or sold all of your stake in this project) if you wanted something different from the AGS form of participation.
From the February 5th newsletter:
"Once we have taken the snap shot, we will take what ever time is necessary to prepare the chain for launch which we expect to be before the Ides of March. As always, time tables are subject to change due unforeseen development challenges. If we are unable to launch a chain in March due to unexpected delays then a new snapshot date will be announced."
http://static.squarespace.com/static/51fb043ee4b0608e46483caf/t/52f318d2e4b0bdba1c163a6d/1391663314443/News%20Letter%2005%20-%20February%202014.pdfBefore you are quick to point out the disclaimers, also notice they said another snapshot will be taken if delayed, which is not the case.
I think most are concerned about the reason for the delay. Although I am concerned more about the delay in general. Unfortunately this new industry/sector is riddled with scams and delays are a tell tail sign of a lot of those scams. Promises are made, money is collected, delays are announced, more delays with excuses, and then the money disappears.
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