Pages:
Author

Topic: DUAL snapshot for BitShares PTS! - page 2. (Read 6361 times)

hero member
Activity: 547
Merit: 502
August 19, 2014, 11:50:32 PM
#36
Im surprised the price of pts has not budged.  Last time around with btsx the price rocketed up and back down as anticipated.  Two very interesting products but no takers?

I really don't care about the price of pts, just seems it shows a lack of interest?  These two products on paper can have a very large positive effect for the crypto world.  I hope they see the light of day and a minute in the spotlight instead of pow clones.
sr. member
Activity: 256
Merit: 250
August 18, 2014, 03:03:38 AM
#35
When it gets closer to the snapshot how is it determined which block represents the snapshot?

In the FollowMyVote newsletter that "The official snapshot of the VOTE DAC will take place at 23:59:59 UTC on August 21, 2014!"

I am fairly certain that the same holds for BitShares DNS. Last block August 21th UTC.
hero member
Activity: 547
Merit: 502
August 17, 2014, 03:53:54 PM
#34
When it gets closer to the snapshot how is it determined which block represents the snapshot?
sr. member
Activity: 462
Merit: 250
August 17, 2014, 10:35:11 AM
#33
Ok, looking for some different pros  cons   verses     buying  PTS      vs BTSX  at this time    or just holding BTC.

Thanks in advance crypto bros. and sisters

Thats a tough question to answer right now. Buy PTS before the snapshot and receive free shares on BTS DNS  and BTS Vote?

or buy BTSX because it is very  undervalued?

I solved the problem by buying both Cheesy
member
Activity: 101
Merit: 10
August 16, 2014, 11:42:52 PM
#32
Ok, looking for some different pros  cons   verses     buying  PTS      vs BTSX  at this time    or just holding BTC.

Thanks in advance crypto bros. and sisters
sr. member
Activity: 256
Merit: 250
newbie
Activity: 23
Merit: 0
August 14, 2014, 12:44:30 PM
#30
I prefer just buying small amounts here and there rather than bothering with mining.  So far any mining I've done on any coin I would have been better off just buying it.  taking into account time spent fiddling with it etc.

Very excited about these 2 snapshots.  Both DAC's could be monumental in the long run, they address some major needs.
sr. member
Activity: 373
Merit: 250
August 13, 2014, 10:45:02 PM
#29
This renewed my interested in PTS. I remembered mining it back in January on a bunch of google compute engines and making next to nothing. I since then have upgraded and pointed my miner at ypool. I hope I can accumulate some before the August 21st Snapshot.

Getting 2 DACS for doing nothing more than holding a coin? Great... count me in. I already love POS type coins.

sr. member
Activity: 256
Merit: 250
newbie
Activity: 53
Merit: 0
August 13, 2014, 03:17:37 PM
#27
PTS is no doubt a never-sell, because you never know what it will give it to you, FOR FREE!
member
Activity: 66
Merit: 10
August 13, 2014, 11:16:49 AM
#26
I can see PTS go through the roof Smiley

To be totally honest, I was the guy that started advocating Ora to use Bitshares technology. As Bitshares DPOS is the leading crypto technology today, imo. What is surprising to me is that even people in the crypto space have hard time understanding its value (read ORA developers). On the other hand the people that once 'get it' are turned into true believers. Example: The asking price for PTS today is almost 2 times more than what you would have get if you donated to AGS just a moth ago. And the people are still increasing their PTS holdings at those price levels.

...and I do not blame them!

sr. member
Activity: 345
Merit: 250
August 13, 2014, 04:29:47 AM
#25
I can see PTS go through the roof Smiley
member
Activity: 158
Merit: 10
August 13, 2014, 12:16:59 AM
#24
Yeap I'm buying too. Don't think AGS is relevant anymore. IMHO because you can't donate to Ags anyway so it confuse people more then else. PTS that the way to go. This is what is amazing about Bitshares.. you could still invest in any new DAC that is coming out, that's brilliant still !!

AGS was a donation from individuals who believe in the project and its goal of making an open source toolkit that enables the open source movement to build ethical, automatically diversified investment stake in their own Bitcoin-based ecosystem.  Bitcoin's source code (or slight offshoots) has given the ability to create DACs that function as a primary currency. Bitshares comes in and says "hey, if you really want to give value to your coin's holders...honor them by developing industries in your coin's ecosystem and sharedrop to them for being loyal."  "Oh, btw, here is a toolkit that will make your DACs have TITAN and DPOS, so you can protect your users' privacy and enable community members to vote in delegates that help fund infrastructure..."

Of course AGS holders hope that those who use the bitshares toolkit will honor them for risking their hard-earned cash to help finance the construction of such a wonderful tool (as opposed to participating in the multiple Pump and Dumps for which their funds could have been used).  I personally was one of those people, so if I get a snapshot of a DAC developed that also honors AGS, then I'll definitely smile about it, but even if not, I at least know my investment will help protect noobies from buying Sh!tcoins whose devs/miners only want to virally pump and dump on them.  That is payment enough Smiley
newbie
Activity: 15
Merit: 0
August 12, 2014, 11:43:00 PM
#23
These two snapshots are like a family tree, with PTS and AGS as parents.  Whenever a child is born, a new DAC is launched, the parents are blessed.
newbie
Activity: 22
Merit: 0
August 12, 2014, 11:07:02 PM
#22
Yeap I'm buying too. Don't think AGS is relevant anymore. IMHO because you can't donate to Ags anyway so it confuse people more then else. PTS that the way to go. This is what is amazing about Bitshares.. you could still invest in any new DAC that is coming out, that's brilliant still !!
sr. member
Activity: 462
Merit: 250
August 12, 2014, 09:13:57 PM
#21
have a good stake already and buying more, especailly after reading this https://bitsharestalk.org/index.php?topic=6818.0
newbie
Activity: 14
Merit: 0
August 12, 2014, 09:02:14 PM
#20
Great post! (and super intuitive infographic too)

For everyone who isn't familiar with BitShares PTS:
I'll share a couple of great analogies that have been floating around and have helped my understanding how they relate to the market of the BitShares platform.

  • PTS are like the geese that lay golden eggs - for every new DAC that is released, those who already own PTS will get a stake (like Xeldal mentions, typically 10% - but can also be more!  It's all up to the developers of the particular DAC how much they'd like to allocate)
  • PTS are kind of like a heart rate monitor for DAC ecosystem - The market depth illustrates the public perception of the DAC being launched.

full member
Activity: 216
Merit: 100
August 12, 2014, 08:56:42 PM
#19
Updated snapshot picture. Has more info now.

Even I can understand the diagram now  Grin
sr. member
Activity: 256
Merit: 250
August 12, 2014, 04:10:03 PM
#18
Updated snapshot picture. Has more info now.
legendary
Activity: 1050
Merit: 1000
August 12, 2014, 07:31:22 AM
#17
KEEP YOUR PTS IN YOUR WALLET ON THAT DAY!!

Btc38 apparently is taking part in the snapshot, but remember you don't follow too closely you might miss out on snapshots - there is going to be a DAC flood soon. So better to keep them in your wallet when you are not trading.

BTER.com recently announced that they will also honour the snapshot
https://bter.com/article/2278

I will HODL!

Is cryptsy not honouring the snapshot?

They didn't honour earlier too, so I doubt they will this time.

Withdraw your PTS well in advance as block times are very slow now.
Pages:
Jump to: