Author Topic: The Intrinsic Value of BitShares PTS (Update from Bytemaster)  (Read 18660 times)

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Offline Lighthouse

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Re: The Intrinsic Value of Protoshares (Update from Bytemaster)
« Reply #7 on: November 15, 2013, 11:28:10 pm »
That is a great idea.  Will that becoming from Invictus? 
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 voldemort628

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Re: The Intrinsic Value of Protoshares (Update from Bytemaster)
« Reply #6 on: November 15, 2013, 11:27:13 pm »
When do we get an "official website" for protoshares? because imho it should have a separate one, not just a sub-site of Invictus Corp. website...

Like i think we could make pts looks more "professional" with better web page and cool stuff to promote the idea!
Cheers

Offline Stan

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Re: The Intrinsic Value of Protoshares (Update from Bytemaster)
« Reply #5 on: November 15, 2013, 02:30:52 am »
So Stan, what do YOU think a fair value of Protoshares is given their future deliveries?   Tens of dollars?  Thousands of dollars?   Is the design for these to be the Berkshire Hathaway stock of Cryptocurrency?

Hard to set an upper limit, isn't it?

Another factor that's strangely received little mention:  DACs can be for-profit corporations that pay dividends to their shareholder's.  Everybody thinks of DACs as a capital appreciation play.  It is that, but have we forgotten the original reason to form a company?  It's to make money for their shareholders!

Factor that into your value proposition for being a ProtoShareholder in this entire market sector.

You can have my PTS when you pry them from my cold dead hands.
Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Stan

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Re: The Intrinsic Value of Protoshares (Update from Bytemaster)
« Reply #4 on: November 15, 2013, 12:47:32 am »
So Stan, what do YOU think a fair value of Protoshares is given their future deliveries?   Tens of dollars?  Thousands of dollars?   Is the design for these to be the Berkshire Hathaway stock of Cryptocurrency?

Hard to set an upper limit, isn't it?

Let's stipulate that it may take several iterations of TestShares, DAC before we reach the right mixture of fuel and air.  (The nice thing about ProtoShares is that with each iteration you get a fresh stake initialized from ProtoShares.)  Once one DAC gets it right, Katie bar the door! 

As Marvin the Martian once said to Bugs Bunny, "There's supposed to be an earth-shattering Kaboom."

However, this does not constitute financial advice.   :)

Anything said on these forums does not constitute an intent to create a legal obligation or contract of any kind.   These are merely my opinions which I reserve the right to change at any time.

Offline Lighthouse

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Re: The Intrinsic Value of Protoshares (Update from Bytemaster)
« Reply #3 on: November 15, 2013, 12:26:26 am »
So Stan, what do YOU think a fair value of Protoshares is given their future deliveries?   Tens of dollars?  Thousands of dollars?   Is the design for these to be the Berkshire Hathaway stock of Cryptocurrency?
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 Stan

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Re: The Intrinsic Value of PTS (Update from Bytemaster)
« Reply #2 on: November 13, 2013, 06:27:06 pm »
If you'd like more background on the Unified Field Theory of PTS, read DACs that Spawn DACS, just published at

http://letstalkbitcoin.com/dacs-that-spawn-dacs/#.UoPDfWSxPVQ
« Last Edit: January 18, 2014, 03:50:00 pm by Stan »
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Offline Lighthouse

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The Intrinsic Value of BitShares PTS (Update from Bytemaster)
« Reply #1 on: November 13, 2013, 09:24:06 am »

1) All chains Invictus launches will be derived from PTS with a 1:1 mapping and 10% of the ultimate money supply of that chain.
2) ProtoDomains may Split from ProtoShares prior to the Launch of DomainShares so that it can be traded and valued separately.   
3) Keyhotee ID is not a currency, there is no way to map ProtoShares into Keyhotee ID (the name chain)
4) There will be many BitShares based chains, not one, and all of them will be 1:1 with ProtoShares
5) We reserve the right to release ProtoShares v2 that honors 100% of ProtoShares v1 with 100% of the money supply allocated. 
6) Associated Press, DAC would honor PTS

Exceptions to the PTS honoring would be if we decided to release a true competitor to be used as a money-only coin and not a trading platform.  In this case we may choose to honor the initial positions in ALL existing *-coin chains proportional to their market cap. 

I want to make it very clear that at no time will we 'reset the clock' for a new chain and owning ProtoShares today does get you ownership in everything we do in the future either directly or indirectly.
« Last Edit: January 18, 2014, 03:49:39 pm by Stan »
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.