Topic: Bitshares-PTS to double/triple in price in the next 45 days!!? - page 10. (Read 15269 times)

Yes PTS is liquid. AGS is not. They should both get a minimum of 10% in BitShares related DAC's.
(It's possible in future someone may wish to honour PTS/AGS more than that & at different amounts.)

As a result you get really good value if you donate to AGS, but that's only available for 11 more days (End of 200 day donation period.)

http://www1.agsexplorer.com/

Are AGS and PTS not the exact same except one is illiquid and the other liquid? Or is their some other stipulations on top of each? Do some DAC's deliver more % to either or?

Thanks, you explained that well and have clearly done your homework.

The terminology can be confusing as BitShares is more than just a single platform. BitShares X is the bank and exchange, the snapshot of which took place on Feb 28. BitShares PTS was formally called protoshares, but there was a trademark conflict that required a rebranding of the name. BitShares PTS is simply a clone of bitcoin that uses momentum proof of work to make it asic resistant. PTS holders are preallocated at least 10% shares in future DACs.

Is BitShares X the one that was snapshot on Feb 28, initially called Protoshares?
I am confused with all the terminology

BitShares X is going to be made liquid in the next two weeks. It will probably be picked up by every major exchange. Currently pts is traded on bter and crypsty and i would expect xts (bitshares x symbol) to be traded on these exchanges initially and then traded on other exchanges. the api is very simple there is good documentation on how to compare its uses with use of the bitcoin api. since blocktimes are 15 seconds and confirmation takes 1 block i would expect as many exchanges as possible will adopt its use.

I would say of the three possible investment vehicles ags, pts and xts, xts will probably provide the best return although there is the minor possibility of the network being reset given some unforeseen bugs. bitshares x is in active alfa testing and the probability of a reset is minimal but there is always that risk. pts is a good strategy since you can get equity in new dacs while still maintaining a liquid asset. pts is going to get upgrade to the dpos blockchain, so that in and of itself can lead to a great value proposition. ags shares are not liquid but they are probably more undervalued by the market than even pts.

in terms of the three different investment vehicles xts has the greatest possible return, ags has the second greatest and pts comes in third. it is all about preferences and risks.

BitShares X is going to be trading where?

Sorry, for all the questions. This seems promising. I'm just not exactly sure where the best entry is?

Donating to AGS in the next few days you get a higher share value of the other DACS.
PTS is undervalued and could double/triple in value.
Bitshares-X has an amazing potential and is almost ready to launch.

Yes the three main ones I'm focusing on are the BitShares.p2p domain system, a lottery DAC called BitShares Lotto & BitShares Music. But there's more in the pipeline at various stages. (I noticed a third party is putting this site together Bitsharesmarket.com which covers a lot of the DAC's.)

To be honest the tough part is valuing their effect on PTS. Say I estimate those three DAC's are probably worth a combined 50 mil. BitShares only commits to give PTS a minimum of 10% of the equity. (However in BitShares X which should be trading in a week or two they gave PTS 50%) So personally I'm hoping for more average equity. Either way PTS is undervalued in my opinion and will jump to reflect the value of whatever the announcements are.

BitShares Me - user issued assets and exchange (this is already implemented on BitShares X so I'm not too sure how they will be making the distinction)
BitShares DNS (.p2p)
BitShares Lotto 
BitShares Vote
BitShares Music
BitShares Insurance

you can find specific information at bitsharestalk.org or wiki.bitshares.org

Next PTS Snapshots for new DACS? That's what you get by donating to PTS now? Any idea what those new DACS those will be?

BitShares.p2p will be snap-shotting off PTS in a few months


Just reading an article on ZH that makes me think it can't come too soon!

Internet Censorship Explodes - Google Receives 250,000 "Removal" Requests.



http://www.zerohedge.com/news/2014-07-06/internet-censorship-explodes-google-receives-250000-removal-requests

Ah ok, I see, thank you for clarifying. This doesn't completely eliminate the attack vector, as this can still cause damage to the network, but gives it less chance to be successful.

No you have misunderstood. Compromised does not mean anything more than not producing a block. That is the only way a delegate can be comprised. Delegates don't have any role other than producing blocks. If a delegate filters transactions they will automatically lose approval as each client can detect this action and each subsequent transaction will remove approval until the delegated is ultimately voted out of his or her position. And the next capable delegate will include the transactions.

'Compromised' can mean much more than just 'not producing blocks'. And even in that scenario, that would signify some damage to the network. Anyway, BitShares seems like a system designed to function well in normal conditions. It hasn't been tested in battle conditions yet, only time will tell if it's good enough for those.

transactions have fees in the bitshares network as well. all of these networks use fees to stop spam.

if 51% of the delegates are compromised - that is more than 51% of delegates are not producing blocks - then the network would require greater confirmation time. delegate participation on the test network has rebounded from 30% to 90% after the fork i referred to.

Burned Invested 0.5 BTC in January. I am rich now, right?

What if 51% of BitShares delegate nodes are compromised or some other large enough number? Wouldn't that cause disruption to the network? Not even temporary?

Github is github, live net is live net. I believe BitShares devs are knowledgeable enough to fix bugs. So, BitShares prevents spamming of the network with enforcing limits on txs in the software. NXT takes a different, fee-based approach to prevent spamming of the network.

collusion and coercion have no impact on the delegated system. if a delegate is compromised they will be voted out

how is it premature to talk about the speed of development? look at their github . i would say look at the nxt github but they don't have one. this team is more productive than any other team in the space, i encourage you to look at the githubs of other open source crypto-currency projects.

i would not argue that the system has to be tested more, but the team has demonstrated that they can improve vulnerabilities quickly and efficiently. on the current test network someone flooded the network with 22 tps and the network forked. the next day the devs fixed the code and attempted to flood the network with 1000 tps to no avail.

They have not officially been announced yet. Snapshots for Bitshares Me, Bitshares DNS and Bitshares Lotto will be announced shortly after the launch of the Bitshares X network, which should be sometime this week. Important to note that Bitshares X will not be launched with features for trading BitAssets. The network is being launched to make shares in Bitshares X tradable.

Colluded is less likely than coerced, I admit that. Same argument goes for Bitcoin by the way.

BitShares hasn't launched yet. Test net is so much different than live net. It's too premature to talk about the speed of development of BitShares until they have launched real trading and have been attacked by real hackers who exploit for profit. Not many hackers would exploit the test net, because they can't profit from it.