Bitcoin Forum

BitShares itself (not PTS) can and is being used for sharedropps already.

Cool story.  



I'd like to see more sharedrops using Bitshares PTS snapshots, since Stan Larimer promised that every future DAC would be dropped to PTS holders.  

Is that a broken promise from Bitshares, or will they use PTS for drops?



http://img.photobucket.com/albums/v96/runpaint/PTS.png

This is why there was the merger last November between BitShares, DNS, Vote, and PTS etc...  

There was a nice site explaining it all called BitShares reloaded however can't find it anymore.

But I have held the BitShares PTS for 10 months, and I have never gotten a single drop of any DAC.  Why doesn't BitShares keep their promises?

December 2014 is when I bought PTS - just last year, the same year Stan Larimer made the above promise that buying those shares would get me drops of all future DACs.

But I have held the BitShares PTS for 10 months, and I have never gotten a single drop of any DAC.  Why doesn't BitShares keep their promises?

runpaint

Exactly what wannaPlayCK said.  Download the latest wallet, 0.93.  It takes time to sync and hits the disk drive hard so be patient.  This is obviously fixed in 2.0.  Register a name if you have not.

Import your PTS wallet.  Hit your account button in the upper right and click advanced > console.

Two commands.

wallet_account_vesting_balances "name" without the " will show  whats vested/vesting
wallet_collect_genesis_balances "name" without the " will collect the vested balance.

This is why there was the merger last November between BitShares, DNS, Vote, and PTS etc...  There was a nice site explaining it all called BitShares reloaded however can't find it anymore.  AGS holders also got their PTS returned which was quite a nice surprise.

You got BTS. More than you're expecting because PTS and AGS got bought out during the merger, iirc. Most of it is still vesting. You also got NOTE and the BTS you got is about to get sharedropped on.

Import your PTS wallet and any wallets you donated to AGS from, the find the console in BTS type start typing 'vested' and pick the last option and add the account you want to claim it to and you can claim some now, and more over time.

And of course I'am not sharedrop target anymore in percentage I invested.
 

Do you know what you're talking about?  I never got any BTS, AGS, or NOTE.

I bought PTS at Poloniex 10 months ago.  Poloniex honors sharedrops, but there has never been another sharedrop.

Besides, I don't have a BitShares wallet to import anything to, because the times I've tried to register a BitShares account, registration wasn't possible.  BTS from Poloniex can't be sent until you register an account, but you can't register an account without sending some BTS.  The only way is with a faucet, but there were no faucets the times I tried. 

Do you know what you're talking about?  I never got any BTS, AGS, or NOTE.

I bought PTS at Poloniex 10 months ago.  Poloniex honors sharedrops, but there has never been another sharedrop.

Besides, I don't have a BitShares wallet to import anything to, because the times I've tried to register a BitShares account, registration wasn't possible.  BTS from Poloniex can't be sent until you register an account, but you can't register an account without sending some BTS.  The only way is with a faucet, but there were no faucets the times I tried.  

and try to keep an eye on  https://bitshares.org/ - https://bitshares.org/blog/ - https://bitsharestalk.org/

you're responsible for following your investment.

If you bought PTS after the hard fork, then you only paid what they are worth today:

pennies:

If you have a BitShares wallet, you can see how much BTS etc you've been sharedropped. Just because you haven't taken the time to see how much you received doesn't mean you haven't received anything.  ???

Cool story. 



I'd like to see more sharedrops using Bitshares PTS snapshots, since Stan Larimer promised that every future DAC would be dropped to PTS holders. 

Is that a broken promise from Bitshares, or will they use PTS for drops?

Does everyone see this? 

This guy thinks owning PTS lets you get other cryptocurrencies. 

Why does he think that?  Has he been misled?

Everything you got from Vote, DNS,etc got merged into BTS, you got more BTS and you know that lol.

He is actually talking about BTS, not PTS LOL.

The percentage you invested is low because the price has dropped severely over the past year -- you can't blame the devs because your investment isn't worth as much now.

BitShares AGS, or Angelshares, represent a way to gain a stake in this new and exciting industry without mining coins. Just as technologist contribute to the launch of a new industry by mining and trading BitShares PTS, or Protoshares, investors can partake by investing in BitShares AGS, or Angelshares. AngelShares are created to acknowledge the equally important financial contribution to the development of an open, distributed, crypto-equity product called BitShares

AGS and PTS got shares in BTS, VOTE, DNS, PLAY, and MUSE (MUSIC) with two more to come this year (Identabit (via BTS) and another yet to be announced).

Everybody else has been able to do this and the BitShares.org community happily helps honest newbies figure out how to collect theirs.

Back in November the developers of BitShares DNS and BitShares VOTE merged their efforts with BitShares X to form a single Super DAC called simply BitShares.

So you use your BitShares wallet to claim BTS proportional to your share of DNS or VOTE.  There will not be separate DNS or VOTE wallets.

BitShares now comes with a built-in faucet to pay your registration for you if you have no funds of your own yet.  When you are looking at your newly created BitShares account you hit the blue Register button in the top right corner and a pop-up window lets you pick which account to pay your half-penny registration fee with.  If you have no such accounts then a faucet account appears and we'll pay the whole half-penny for you.  Just use that.  :)

BitShares PTS was recently upgraded from POW to DPOS by a third party.  So you'll need to import your old PTS wallets into the new one to continue trading them.  You can find that developer's web site here:  http://ptscrypto.com/ (http://ptscrypto.com/)

I'll be back later today with some more links you may find useful.

Grand Willful Ignorance with Malice Aforethought and Libelous Intent to Create FUD

  

I am a PTS holder.  I have been a PTS holder for 10 months.  I have never received any sharedrops.  You are planning to sharedrop new DACs including Identibit, but you are not planning to drop it to PTS holders.  

Currently, BitShares is almost as difficult for the non tech savvy to learn to use as Ethereum

You first have to download and sync the BitShares wallet, and then you must type in your PTS private key, and then, more BTS than you were originally promised, will suddenly appear in your wallet.

We al make mistakes, but the existance of an old chain after a new chain is forked from it, is a fact of crypto that scares a lot of people

When the PTS community forked to BitShares

When the PTS community forked to BitShares, they transferred the social contract to all BTS holders

Link?

PTS was the abbreviation used for Protoshares.

When DPOS was invented for BitShares, the Protoshares miners adopted the DPOS model and kept the coin alive because they are hardcore fans, and they are free to do what they please.  Just as bitcoin cannot be shut down, no other chain that humans choose to keep alive can be killed except via mass extinction level event.

...well that is because you bought PTS after the hardfork that effectively merged PTS with BTS.

PTS was kept alive after the hardfork due to a small group of die-hards that wanted to keep it running

Well, the ones that were smart enough to buy before PTS was killed off, that is.

If it was a merge, the PTS coins wouldn't still exist separately.  They would have become BTS coins.  But they didn't, so it wasn't a merge.

That's why I said effectively merged. PTS' value became BTS' value. Since you can't kill a blockchain (you know, the whole point of crypto), that was the best that could be done.

Either way I'm pretty sure you're just trolling at this point. I'll just go back to watching the BTS price rise in anticipation for October 13th.  ::)

So around Halloween last year, there was a second BitShares snapshot where Protoshares holders were given additional shares that were worth more than the total Protoshares market cap (due to their post "original BitShares snapshot earlier in the spring" exposure).  All the Protoshares holders had to do in return for this immediate windfall was to change their name to something else (anything) in order to allow the original "Protoshares Promise" to remain valid.  Some group of kids rebranded Protoshares as BitShares PTS so as to not make people think that they should expect any sharedrops from Invictus due to the "Protoshares Promises" flooding Google.  

After that final Protoshares snapshot, Invictus was no longer beholden to Protoshares holders, but to BTS (which now included every Protoshare owner on the planet).  At that point, they formed Voltron, and proceeded to develop the magic that you are about to witness.  and the rest will be history.. Exciting times indeed.

...

So did they break their promise (of providing the Protoshares holders with at least 10% of every future DAC)?  


Technically no, because "Protoshares" changed their name that day to BitSharesPTS

Statement of Social Consensus

Google defines a Social Contract as “an implicit agreement among the members of a society to cooperate for social benefits.” Another term that means the same thing is Social Consensus.  We use the terms interchangeably, but prefer Consensus because it is simply more accurate.   It also emphasizes the two-way nature of the consensus.   It is beyond our control to prevent a copycat from forking our open source code in a way that fails to honor this consensus.  It is up to the market to reject this, or not.

BitShares PTS (a.k.a "proto-shares") is a digital currency just like Bitcoin.  The difference is that PTS is backed by something of more tangible value - the future potential of an entire new  industry of Decentralized Autonomous Companies (DACs),  The PTS Social Consensus simply states that holders of PTS will give preference to DACs that initialize their internal money supplies proportionally to the current distribution of the PTS currency.  Savvy DAC developers do this to gain the rapid support of PTS holders who represent the overwhelming majority of knowledgable early adopters of DAC-backed currencies.  It is thus a more targeted give-away than the typical mining-based lottery system used by most crypto-currencies.  It targets established early adopters who can help get the new DAC adopted quickly.

Our first formal statement of the PTS Social Consensus was that we would support only DACs that honor BitShares PTS.  This was first published in our October newsletter and again in our forum on Nov 3, prior to genesis on Nov 5, 2013:

At a DAC’s pre-published launch time, the DAC’s genesis block shall be initialized
to precisely match the current unspent outputs of its corresponding PTS blockchain.

A week later we informally generalized this to at least 10% of all DACs we support.  

All chains shall be derived from PTS,
with a 1:1 mapping and 10% of the ultimate money supply of that chain.

The 10% requirement is a minimum, since any number greater than that also satisfies the consensus.  The 1:1 mapping and 10% minimum together set an upper limit on the number of shares a DAC may allocate.  If only 1.5M PTS exist at DAC release, then 15M is the derived upper limit to number of shares for that DAC.  Developers may equivalently exercise the right to scale the share count to the needs of each DAC while preserving percentages for all stakeholders.

In this document, we are formally endorsing an integrated BitShares Social Consensus for PTS, AGS and all derived BitShares DACs. This consensus is further defined in the BitShares Consensus Software License (BCSL).  We also clean up the language to better comply with the laws of our jurisdiction. To that end, Invictus will only endorse, support and promote DACs that meet all of the following applicable consensus requirements:

For all third party DACs:

Allocate at least 10% of its internal money supply to PTS holders at genesis.

I'm AGS holder. Yes, they returned PTS after they became worthless. I bought AGS with BTC and didn't get anything back ;). They are just bunch of scammers. Today I only receiving BTS dust which is by the way locked!!!!
And of course I'am not sharedrop target anymore in percentage I invested. From now on, Dan and Stan suggesting that better sharedrop target is Brownie.PTS, private issue token inside BTS created by Dan. He is better than Madoff. Someone from USA will need to take legal actions against him and his company. He recently open another one to hide his frauds.

 

Thanks for the detailed point-by-point response.


I started this topic because I have PTS at Poloniex and I want it to be worth more.  If any coin or project announced a planned drop, people would once again start buying PTS.  That would be nice.


You have explained a lot of the history of BitShares that most people probably don't know.

But I do see one discrepancy:






So was it around Halloween, or 8 months earlier in February?  

You are saying "some group of kids" rebranded Protoshares to BitShares PTS, in November, after the final snapshot.

But in the above quote, in February 2014, Stan Larimer is already saying that it had changed from Protoshares to BitShares PTS.  

That was before any sharedrops had ever happened, and the first DAC wasn't even released yet.  BitShares itself had not been released yet.  And Protoshares had already changed to BitShares PTS.  

The sharedrops and merger were still going through November 2014, to the people who held BitShares PTS in November 2014.  Not to the people who had previously held Protoshares, but to anyone who bought BitShares PTS in November.  

So the coin I currently hold, Bitshares PTS, is the same coin which was used for every single BitShares DAC sharedrop, since the very first drop of BitShares itself.  

Why have multiple people told me that I have a different coin, that I've confused Protoshares with BitShares PTS, and that drops were only made to the previous coin?

If the answer is simply "because they changed their mind and no longer use BitShares PTS for drops", then just say so.  

Since Invictus Innovations Incorporated no longer exists, their promise has technically been fulfilled - unless any of the DACs released in 2015 contain any development that originated with Invictus in 2014.  

In that case, I have been promised shares of any such DAC because I hold BitShares PTS.  Here is a link to that promise:  https://letstalkbitcoin.com/caution-watch-for-falling-pts/

(I won't bother exploring the fact that all 10 employees of Invictus hired themselves as delegates and developers of BitShares, continuing the same development without interruption, so that there can be no clear distinction drawn between development done by Invictus and development done by BitShares - http://bitsharesblog.com/invictus-innovations-incorporated-i3-wound-down/)

Plus, it is more than misleading for the creator of BitShares to tell other devs that they should honor the agreement, and then not honor it himself:



Some people are giving me false information, and they're pushing it really hard.  They really want me to believe that Protoshares didn't change to BitShares PTS until the final snapshot - but it had already changed before the first snapshot.



And guess who also takes snapshots?  The Wayback Machine!

This is from January 20, 2014, before any BitShares or DACs had ever been dropped:


https://web.archive.org/web/20140120131210/http://invictus-innovations.com/social-consensus/

Got a link?  Didn't think so.

Announcing Brownie Points (BROWNIE.PTS)

Today I am happy to announce a new way of giving credit to those who contribute to the BitShares community, Brownie Points.   According to Wikipedia, brownie points are a hypothetical social currency, which can be acquired by doing good deeds or earning favor in the eyes of another.    

Normally brownie points are not tracked, but with the advent of BitShares it is now possible for us to actually track brownie points.  I have created a digital asset called BROWNIE.PTS on the BitShares network.   Brownie Points will be given away liberally to anyone who does anything positive for the BitShares community or Cryptonomex as recognition for earning my favor.

Everyone who attends a Friday Mumble sessions will be awarded with 100 BROWNIE.PTS, everyone who makes a useful, positive post on the forum will earn 10 BROWNIE.PTS.  Everyone who finds and reports an actual bug on github will be rewarded with 100 BROWNIE.PTS.   Anyone who resolves a legitimate issue on GitHub will be rewarded with major BROWNIE.PTS.    

I will award brownie points for just about anything that I appreciate and in proportion to the amount that I appreciate it.   If you are interested in helping me dole out BROWNIE.PTS then please contact me because I would really appreciate the help!    

What are Brownie Points Good for?

Technically all Brownie Points mean is that you are on my good side.  Brownie Points are not redeemable for anything and do not create any obligations between me and anyone else.   BROWNIE.PTS is a tool that allows me to keep track of everyone who is in my good favor and to what extent.   You will want to make sure you claim your BROWNIE.PTS because it would just be rude to refuse the BROWNIE.PTS and one day you may regret it; Karma can be a Bitch.        

Claiming Past Brownie Points

If you have contributed to BitShares over the past two years, please post in this thread with a detailed description of the work you have done and an estimate of how much time and money you spent doing that work.  Include your BTS account name and you may find some BROWNIE.PTS in your wallet.  

No Obligations

BROWNIE.PTS is merely a tool for my own use and I may choose to stop issuing brownie points at any time for any reason.   I may reward them (or not) as I see fit, in the amounts I see fit, for the reasons I see fit.   I may also seize brownie points from any account if you fall out of favor and anyone who complains in any way about how Brownie Points are issued or how I use Brownie Points is certainly not in my favor and may lose any Brownie Points they have earned.  

« Last Edit: July 02, 2015, 06:40:35 PM by bytemaster »

https://bitsharestalk.org/index.php/topic,17354.0.html?PHPSESSID=g9b0lri71712l32mor9b3i2pc6

All of the developers will be earning brownie points in addition to everything else.  

So far I have distributed 2,800,000 BROWNIE.PTS among 50 people!  
...
To put things in perspective I am allocating about 200,000 per full-time-year of effort as a rough unit,  or 100 BROWNIE.PTS per hour contributed.

Anyone may buy and sell Brownie Points.  

You are right, if kept in a blinded balance it couldn't be seized but it also wouldn't be useful for me to track who has earned my good will.    You will be able to disable blinded balances on an asset-by-asset basis so I will probably just disable blinded balances for BROWNIE.PTS.

4M of those are not distributed.   They will continue to be issued and distributed as necessary.

I can't think of a better criteria for who should get a share than those who helped build the ecosystem.
...
In this case, Underwood decided that Bytemaster's thank you note system was as good a metric as any.

Nothing ad-hoc or whimsical about it.
...
Net effect - a perfectly reasonable combination for someone to use as a mailing list to give away promotional tokens in a way that is part random and largely targeted to a demographic of helpful people.  It doesn't have to be perfect to serve its intended purpose.

And after all that, it is up to the giver, Underwood in this case, to determine if this particular mailing list serves his own purposes - which may or may not coincide perfectly with Bytemaster's.  The list exists.  People are free to use it if they like.

Brownie.PTS is what it is.   John found it to be the best available mailing list for what he wanted to do.

Brownies were not invented with sharedropping in mind, but they did come out shortly before the time John and I were discussing his genesis distribution.  He was interested in reaching out to people who have demonstrated a willingness to actively help bootstrap a chain and I pointed out that Dan's new brownies were a virtual who's who in that category.  He immediately liked that idea and that was the end of the discussion.

The numbers are 20% to BTS and 20% to Brownie.PTS in the genesis supply.

Our position has always been that the developer of a new coin should be free to choose a distribution that will maximize the potential of the coin, including selling them all herself.

Got a link?  Didn't think so.

anyone can create a UIA, brownie points are just a UIA and the fact that is has market demand has nothing to do with how it is distributed at will by someone who owns the UIA.

Yes, anyone can create an asset.  You say the asset creator's associations with BitShares developers doesn't matter;  aren't you the least bit concerned about what goes on behind the scenes, when 40% of an asset is dropped to shares that are mostly controlled by the Larimers?  20% to BTS, and 20% to BrowniePTS which Dan can issue to himself without limit?


Speaking of new BitShares assets and their questionable business practices, have you heard of BanxShares?


https://bitcointalk.org/index.php?topic=1181883.0

All the BTS community knew that some people would fail to adequately research their PTS investment

No, Protoshares was always "PTS" and so was BitShares PTS after they changed their name in October.

Because PTS holders received their payday under the condition that they never expect another sharedrop from Invictus.  But since the greedy PTS holders said : well technically, there is nothing stopping another coin dev from dropping on us, we have the right to not only keep PTS alive, but to continue promoting it.  The reaction from the BTS community who had just paid them to shut their mouths was: "yeah, and there's no incentive for a dev to sharedrop on an obviously greedy group of selfish assholes who would damage the community that just paid them more than their coin was worth to pitch in an give some effort for the greater good Bitcoin2.O, and instead, they worked to undermine the communities best efforts.

It's not even about being technically fulfilled, it was about being a socially acceptable deal, and since greater than market rates were paid, by any common sense measure, it was more than fair.

One day he is going to wake up and feel sick to his stomach when he realizes the kind of people that all his hard work is benefiting

No it didn't, who said that? PTS always stood for "Protoshares" until the October snapshot when they started calling it BitShares PTS

You are free to issue your runpaintBrownies if you please.
... 
Please, create some UIA's and have your friends do it too.

The cost is 5,000 BTS currently I believe (all profits go to Bitcoin2.O holders).
...
if they are cool, then I might sharedrop my next project on them (see how the future looks)

we love Crypti, we just don't let our devs code for them

Still, I would tear stan a new one if I saw that he said that Brownies were better than BTS for sharedrops, but I'm not doing that goose chase thanks.

I'm AGS holder. Yes, they returned PTS after they became worthless. I bought AGS with BTC and didn't get anything back ;). They are just bunch of scammers. Today I only receiving BTS dust which is by the way locked!!!!
And of course I'am not sharedrop target anymore in percentage I invested. From now on, Dan and Stan suggesting that better sharedrop target is Brownie.PTS, private issue token inside BTS created by Dan. He is better than Madoff. Someone from USA will need to take legal actions against him and his company. He recently open another one to hide his frauds.

Got a link?  Didn't think so.

- yes, the name Protoshares was changed to BitSharesPTS in the spring of 2014, and a I recall, this was because we wanted to raise the visibility of the sharedrop target

The choice was an obvious one that only you, and others in your shoes regret.

However, of all the bad marketing decisions Invictus has made over the years, this was not one of them (to change the name from BitSharesX to BitShares and get rid of all competing chains to consolidate development).

The BitShares community is a contract-free zone where at no point in time shall there exist a legal obligation for any party to behave any way in the future.  

"Google defines a Social Contract as “an implicit agreement among the members of a society to cooperate for social benefits.” Another term that means the same thing is Social Consensus.  We use the terms interchangeably"

https://web.archive.org/web/20140120131210/http://invictus-innovations.com/social-consensus/

In total BTS will “air drop”  7% PTS, 7% AGS, 3% VOTE, and 3% DNS.  This air drop is not a buyout or merger but a no strings attached gift to these communities to encourage them to contribute to BTSX rather than their own competitors.

PTS, AGS, VOTE and DNS stakes will vest linearly over 2 years, meaning that each day users will get to claim some of their stake.

PTS will continue to circulate and trade; however, without I3 planning any future snapshots its value will be based upon the speculative value of 3rd party DACs such as Music, Play, and others.  

PTS / AGS holders will effectively receive 20% stake in all PAST and FUTURE blockchain ideas built by the Invictus team through this air drop, plus a much larger cut in DevShares, Play, and Music among others.

AGS was a gift... no strings attached.  Anyone who has AGS and is complaining has no one they can blame but themselves for setting wrong expectations.  

PTS is liquid and will remain liquid.  
PTS is receiving a gradual snapshot as features are implemented on a time table that is similar to when PTS would have received their snapshots.

holders were hoping for a future snapshot in a real DAC as obviously people don't want PTS just for PTS sake... until there is a "real dac" PTS holders are not really liquid.  
 ...
So you don't want to be locked in for a gradual 2 year release.... then sell to someone who is willing to be locked in for 2 years.  There are many buyers of PTS that are pricing in a discount for giving up liquidity and you have the option.    Be liquid and sell today... or get a larger stake over 2 years.

Tell them that we don't expect any forks worth while to fork at just 20%... I think third parties will do what is best... we always said that AGS/PTS was voluntariy and best practice is 10%.... not everyone does 10%.   The point is that I wouldn't worry about 3rd parties much... it would be like complaining that you aren't getting a large stake in all of the alt coins.

PTS will continue (we didn't take your PTS) you were just given a continuous share drop over the next 2 years which is what PTS was expecting anyway with new DACs being launched every couple of months.   Your liquidity wasn't removed.  You can sell your PTS if you like.

But to help you and others learn, I dug out these facts straight from the horses mouth and all it took was a simple:

https://bitsharestalk.org/index.php?action=profile;u=5;area=showposts;start=0

In essence, PTS holders changed their name to BTS

then made a new DPOS coin and called it PTS

That's going to be really tough when Bitcoin2.O comes out and the Larimers have to do what the community votes them to do or they are fired.

Unless they have more votes than everyone else. 

DPoS is not decentralized.  Here is why:

You didn't do due dilligence. You expected BitShares PTS to be sharedropped on when everyone knew they wouldn't work like that anymore.

Protoshares which became PTS where sharedropped on. That was there purpose and when the the share drop happened they were suppose to die.You have to understand, the developers (Dan) did not control PTS, it was a POW coin. After the share drop some ppl decided they wanted to keep it running. How do you stop a decentralize POW coin if people continue to mine it? That's why its confusing because there was no way to shutdown PTS after the drop.

Brownie PTS is actually Brownie Points. People started abbreviating the Points to PTS which of course has caused more confusion for new people. Brownies are user token on on Bitshares issued by Dan to reward the people who have gone above and beyond helping BTS to work. One of the partners decided that they wanted to drop on these peple because they have shown love for the project and would be the kind of ppl they would want to work on their project. Again brownies were not meant to be sharedropped on, but how do you stop somebody from doing it?

Protoshares which became PTS where sharedropped on. That was there purpose and when the the share drop happened they were suppose to die.

You have to understand, the developers (Dan) did not control PTS, it was a POW coin. After the share drop some ppl decided they wanted to keep it running. How do you stop a decentralize POW coin if people continue to mine it? That's why its confusing because there was no way to shutdown PTS after the drop.

Brownie PTS is actually Brownie Points. People started abbreviating the Points to PTS which of course has caused more confusion for new people.

Brownies are user token on on Bitshares issued by Dan to reward the people

One of the partners decided that they wanted to drop on these peple

Again brownies were not meant to be sharedropped on, but how do you stop somebody from doing it?

Now, about KYC/AML. It is true that Identabit requires all accounts to have positive ID and you can't collect your sharedrop without an account.  

Catch 22?

No.  Remember the purpose of a sharedrop is to target people who will be your supporters, not to give away free money.  If a person won't sign up with a verified account even to collect free money, then they are identifying themselves as people that Identabit wouldn't want to sharedrop on anyway.

Put it another way.  The sharedrop is a way to get people motivated to overcome their natural crypto-reluctance to identify themselves, even though they do it every day to collect their paychecks and pay their taxes.  Just because we want some place to keep our finances anonymous does not mean that every place has to be anonomyous.  So, requiring us cryptoheads to register helps break down that barrier, and is thus a key strategy to get cryptoheads used to the concept of having a mix of anonymous and identity-based accounts. Knowing how to use both is a key to the complementary roles of BitShares and Identabit the way folks know the difference between savings and checking acounts today.

Those who are not willing to take that little leap, will never be Identabit supporters anyway and are thus self-judged to be likely dumpers.

I own AGS and the only reason I invested in BTS is to become the target of future sharedrops. That was the promise from Dan and Stan. AGS buyer had special place in their posts at that time. Now some 'mumble' listener  or Forum member with BROWNIE.PTS have bigger share in future DACs. I invested xx BTC when price was 600USD.  As post 28/2 investor I only received BTS dust and the worst thing is that most of them are still locked. We even did't have chance to sell AGS. Remember you returned PTS which was also the currency for buying AGS.

Dan and Stan is that all. Is that your final decision that Brownie.PTS worth more than AGS. Please answer me I'am really disappointed.

What do you mean?  Are you saying that people were supposed to stop selling something that they had, that was still being bought on exchanges?  Why would they stop?




Dan did control PTS, and he held PTS.  He could have shut it down by requiring a coin swap.  Then no exchange would continue to list PTS, because there would be no coins to sell.  

Instead of shutting it down, he let himself keep all his PTS.  Then, amazingly, "someone" gave Dan millions of extra PTS, and then "someone" dumped millions of PTS on the market so the price went from .002BTC to .00000125BTC in 7 days (December 13 to December 20).




Yes, there is widespread confusion regarding what actions have been taken and why.




But he gave them mostly to himself.  And they're not to reward people - they're to control and threaten people, and to get more money for Dan and Stan.





Out of 8 million Brownie PTS, Dan kept 4 million for himself.  Then he "distributed" 4 million to his brother, the other devs, his friends, and people who became obligated to give him something in return;  only ~ 50 actual people from the community received shares, and some of them got a total of 333 Brownie PTS.

So what you mean is "one of the partners decided to give a huge percentage of the free coins to Dan and Stan."





How do you know they weren't meant for sharedrops?  Because they told you?

If they weren't meant for it, do you think it's a coincidence that Dan "accidentally" got a bunch of money out of it?

If they weren't meant for it, why did Dan spend 5000BTS to register them as a User Issued Asset?  For fun?  OH WOW, but then he also got 10% of the entire supply of Identibit!  How lucky for him, and he didn't even plan it!


Just like Dan "didn't want PTS to continue, but then someone gave him millions of extra shares."
Now Dan "didn't want BrowniePTS to be sharedropped, but then someone gave him millions of extra Identibit."


Brownie PTS was announced July 2, and on August 12 Identibit announced it was sharedropping to Brownie PTS.  It is self-evident that Brownie PTS was entirely a way for Dan to get more money for himself, and that he worked together with Identibit to get more for himself through Brownie PTS.

What do you mean?  Are you saying that people were supposed to stop selling something that they had, that was still being bought on exchanges?  Why would they stop?

Cool story.  



I'd like to see more sharedrops using Bitshares PTS snapshots, since Stan Larimer promised that every future DAC would be dropped to PTS holders.  

Is that a broken promise from Bitshares, or will they use PTS for drops?



http://img.photobucket.com/albums/v96/runpaint/PTS.png

And what is, Identibit, anyway?  

According to Stan Larimer, it means that all BitShares users will have to register their Social Security Number?





https://bitsharestalk.org/index.php/topic,17354.375.html


Stan also says if you don't want the government to connect your identity with how many BitShares you own, don't claim Identibit.  

HELP!!!

I bought some original PTS (like over a year ago) and some angel shares in the IPO. What do I have to do to claim the sharedrops? Assume I was in a coma and know nothing since mid 2014 (which is basically true).

Protoshares which became PTS where sharedropped on.

You have to understand, the developers (Dan) did not control PTS, it was a POW coin. After the share drop some ppl decided they wanted to keep it running. How do you stop a decentralize POW coin if people continue to mine it? That's why its confusing because there was no way to shutdown PTS after the drop.

Protoshares were never sharedropped on.  The name changed to BitShares PTS before the first sharedrop.





So it's a decentralized coin?  Nobody owns it, nobody controls it, nobody can stop it from running?

And that's what Dan and Stan promised to use for all future drops, knowing that it wouldn't be under their control?

Then how can you say they decided to merge it, decided to end it, or that the coin "changed hands" and is being run by different people? 

If it was decentralized from the start, and they never had control of it in the first place, then they knew that when they promised to distribute all future DACs to PTS holders.

ProtoShares were never sharedropped on?

Last year BitShares PTS and AGS were merged into BitShares

Nobody else at the bitsharestalk.org (http://bitsharestalk.org) forum is confused about this at all

our rising market cap

Every post we've ever made on poor runpaint's obsession is available here

You might find my epic series on The Origin of BitShares (https://bitsharestalk.org/index.php/topic,14019.msg182299.html#msg182299) helpful - it was originally written for this forum.  This summary has stood the test of time since January.

  Or you could trust people from both sides to cherry pick their own quotes for you.

So, as a practical matter, you might just ask yourself whether BitShares would have any kind of a following at all, much less be among the Top Five on coinmarketcap, if any of his conclusions were actually true.

You lost all the credibility just now.

What you're saying it's different. PTS got sharedropped on

Everyone else here understands the results of the merger

When they make a contract they honor it and when they renegotiate a contract, they give you more than you were promised. 

For the record, I have never sold any of my PTS.  Ever.

Poor runpaint.  

He has to go back to 18 months (a lifetime in this industry) to make up some controversy. No matter how many times this is explained by all sorts of informed people, he keeps posting the same misleading story.





Every post we've ever made on poor runpaint's obsession is available here and at bitsharestalk.org for those who care to do their own forensic analysis.  You might find my epic series on The Origin of BitShares (https://bitsharestalk.org/index.php/topic,14019.msg182299.html#msg182299) helpful - it was originally written for this forum.  This summary has stood the test of time since January.

  Or you could trust people from both sides to cherry pick their own quotes for you.  Perhaps you can read them all in time to make an informed decision before the big launch on October 13.


So, as a practical matter, you might just ask yourself whether BitShares would have any kind of a following at all, much less be among the Top Five on coinmarketcap, if any of his conclusions were actually true.

:)

I thought runpaint was a smart guy, judging from his Banx thread, but I start to think he's just a troll with too much time.

^^ I second that.

But you're a proven liar.

I offered you a chance to answer honest questions about your "business", and you refused like a true scammer.

I refused to answer questions from a troll that refuses to speak to me face to face.

Have you actually read your first post on the thread about me and my business?

You have an agenda.

You have an agenda against BTS and me.

Unlike you my friend some of us can't sit on forums all day posting and making stuff up, maybe if you dedicated half the time you put into your BCT posting career you could join us in having businesses that people love to troll too.

some of us can't sit on forums all day posting and making stuff up

Our shares were developed same as BTC

there will never be more than 6 million BANX shares issued.

our projections for 12 months are that we will pay out 70% ROI of profits invested.

I am looking to setup a large mining operation here in the UK. i have a pretty interesting situation which means I will have little or no power costs after September (Location has a £600k wind turbine going up that can power up to 120 houses and I have direct access to the power overage). Initially looking to setup GPU miners, internally and offer mining contracts. Then once / if viable get ASIC miners up and running too. I'm looking to speak to people who would be interested in talking to me more about this. I have a vision of getting a 150 Mhash mining farm up and running by year end . (GPU mining)  

I realise this must have been discussed many times before but with my background and previous experience of online business I am seriously looking into what it would take to create a crypto currency that had real potential from the start. But I don't technically know where to start. So how difficult is it? Does anyone have suggestions as to who could help this become a reality.

I am looking to get a top quality dice gambling script for use on a new site I am setting up. I need someone to supply me with one who can help support it.

We are currently developing new adobe air based software to track crypto markets, trends and mining.

This is coming out in June and developers are working on it now.

Also, in case anyone actually wants to know about Banx -

It's still "in the ICO phase" after 12 months.  That means they don't allow any selling below the ICO price on their exchange.  And their exchange is the only exchange that has Banx.

And they've gradually raised the ICO price from under $1.00 at launch to the current $1.79 (.002BTC to .0079BTC).

And they doubled the number of shares from 6 million to 12 million.  

And they have multiple excuses for why the volume on CoinMarketCap is wrong, or fake, or mistaken. 

The software didn’t happen. So what of it?

@runpaint

BTW was posting a picture of your gun in the troll thread about me a threat? I sure hope not.

So you wasted time posting online and making stuff up.  I only mentioned it because you did first.







You mean after you told everyone my name was Stuart, and I'm in Surrey, and you said you were excited to meet me soon, and you PMed me "my address" that you're going to show up at Tuesday?

Even though you're an idiot, and you were wrong about my name and location, you were trying to intimidate me in your own pathetic way.  It was about as successful as your many online money-making schemes (which have all failed, including Banx).

But you said you're a miner, so I posted one of my mining rigs.  As I suspected, you don't even know what a video card looks like. 

Someone must have told you that CPU miners are old news, so you've repeatedly tried to mock me about my "CPU miner".  What's that PCI connector from the power supply going to?  The thing plugged into the video card slot?

Go ahead and ask somebody, it's okay.  You've already shown your ignorance and proven to everyone that you've never seen the inside of a PC.

The picture was of my computer and monitor showing my command prompts mining.  The fact that there are 2 shotguns visible in the picture is beside the point, although you were too stupid to notice both of them. 

The only people who would see my self-defense as a threat are people who want to come here and harm me.  So why do you interpret it as a threat?

yep, and computer robots running them all while he chills on his Lottery Island. He realizes that he's staking claims in the modern day gold rush. Those 49ers bought up whole US states just because they were born at the right time in history to capitalize in a free market capitalist community whose paper promises line your pockets no matter what country you live in. Be glad you don't live in Thailand. Right now legacy businesses are only scratching the surface of this gold mine, and Mark's pulling right up beside you and your plastic beach shovel with an army of driverless dump trucks powered by Google (Toast) full of dynamite.

If he is attempting a scam on us, then Satoshi's blockchain will reveal it. Bitcoin2.O businesses are transparent, because if they are not, then nobody will do business with them (Citicoin). Mark just wants to be the first that's all. First mover in several sectors. Ambitious? Yes, maybe even greedy.  Competitors are sure to follow him, but right now, he is free to stake his claims. And guess what? This land is free for you to set up shop right next to him if you think you can do it better. So if you have a better business plan then you are free to drill right along side him and drink his milkshake.


get back to work mark. u work 4 me now remember

If you don't like what I'm doing in my own topics, then go somewhere else.

For everyone else who's on board with the positive things we're doing, they're welcome to stay.

But you're a small-time contributor here.  You only have a few posts, you're making out like you're a big guy in this community but really you're just a nobody.

So do you want to act like a big boy and just go away?  Or do you insist on hanging around where you're not wanted?

https://i.imgur.com/2qq4Uer.png



You even make stuff up on multiple forums, and ask for advice on how to make stuff up. 

You even make stuff up on multiple forums, and ask for advice on how to make stuff up. 

Lol

I'll go away. Will you do the same and stop this nonsense you have created for yourself about me and mine?

Did runpaint just go full retard?

I didn't buy BANX, if that's what you're asking

No Dude im not asking that. I think your problem is you dont fully read and understand yhe things in front of you. You basically trying to piece together something that only really exists in your brain. And you have also managed to drag a few others along with you. Shame really.

I will continue to grow the vision and business of Banx and not feed your obsession with me while you still  keep attacking people who you don't want to talk to direct.

Have a good weekend and make sure you polish your gun.

Runpaint and decentralizedeconomics are examples of whats wrong with this world. Trying to drag on others successes as well as happy when others fail.. these are type the people who will be obsoleted in the coming knowledge age.

News flash, most people here are smarter than you (what does that tell you?) and you don't need to act robin hood to try to "save" others money for them. They have done their due diligence as you have obviously not done yours. Why dont you stick to what you are actually good at instead of trying to reach over your head?

As for decentralizedeconomics he should put his money where his mouth is, trying to prevent others from losing their coins or preserving their value while his beloved NXT falls flat out of the top 10 for good. Perhaps he should take his own advice instead of trying to be "smart" but looking "stupid"

I thought DE was a delegate? He does so much advertising for you guys, that I thought for sure he was getting some sort of compensation. Imagine if he focused his energy on NXT like the way he has with BTS? They would be in the top 5 for sure! Maybe that's why BTS is in the top 5? DE... I still have some Quarks, could you give them the same treatment? Need to unload that bag of feces. Thanks dude. ;D

Runpaint and decentralizedeconomics are examples of whats wrong with this world. Trying to drag on others successes as well as happy when others fail.. these are type the people who will be obsoleted in the coming knowledge age.

News flash, most people here are smarter than you (what does that tell you?) and you don't need to act robin hood to try to "save" others money for them. They have done their due diligence as you have obviously not done yours. Why dont you stick to what you are actually good at instead of trying to reach over your head?

As for decentralizedeconomics he should put his money where his mouth is, trying to prevent others from losing their coins or preserving their value while his beloved NXT falls flat out of the top 10 for good. Perhaps he should take his own advice instead of trying to be "smart" but looking "stupid"

Runpaint and decentralizedeconomics are examples of whats wrong with this world. Trying to drag on others successes as well as happy when others fail.. these are type the people who will be obsoleted in the coming knowledge age.

News flash, most people here are smarter than you (what does that tell you?) and you don't need to act robin hood to try to "save" others money for them. They have done their due diligence as you have obviously not done yours. Why dont you stick to what you are actually good at instead of trying to reach over your head?

As for decentralizedeconomics he should put his money where his mouth is, trying to prevent others from losing their coins or preserving their value while his beloved NXT falls flat out of the top 10 for good. Perhaps he should take his own advice instead of trying to be "smart" but looking "stupid"

runpaint and DE are examples of what is wrong with the crypto community I agree.

I don't profess to be smarter than anyone I just work damn hard and have the ability to find the right people to work with to make things happen.

Many thanks for your refreshing post. :)

I don't profess to be smarter than anyone

Mark, you're a filthy piece of white trash.  You're a liar and degenerate who spreads filth and takes advantage of women.  There's a special place for garbage like you.

I got some news for you.  I'm smarter than you and better than you.  I've always been smarter than you and better than you and I'll always be smarter than you and better than you.

Is that supposed to be some kind of insult?

From you, a man who was convicted of possessing of an illegal weapon in connection with the trafficking of controlled substances?

How is that funny?  Should I tell you to go polish your pepper spray and your bong?  

Or are you threatening me, saying that I should prepare my gun this weekend because you're sending someone to assault me soon?  I don't think a convicted drug dealer should be throwing around that kind of comment.  

Mark, you're a filthy piece of white trash.  You're a liar and degenerate who spreads filth and takes advantage of women.  There's a special place for garbage like you.

I got some news for you.  I'm smarter than you and better than you.  I've always been smarter than you and better than you and I'll always be smarter than you and better than you.

Well, I guess it's a little hard to claim that one when the only way you can figure out how to make money is by smut peddling, drug dealing, pigeon racing and running centralized scams on the mentally retarded.

I see you edited the part of the pepper spray before I had the time to reply.

(The judge didn't like me either)

I don't know what you're talking about, but you've had 14 hours to reply






Did you meet anyone in prison who thought they deserved to be there?  Or was everyone there just because of bad luck, unfair laws, and the judge didn't like them?

My point is that some people realize that they are responsible for their own actions, while others make excuses and continue to engage in illegal business practices.

Like I say I have better things to do that be monitoring a forum 24/7 (unlike you it seems)

and we have things called time zones you know where people actually sleep and spend time with their family, again alien to you I know. You know you edited the initial post to talk about pepper spray... Don't you? ;)

Yeah I met many people in prison who deserved to be there.  Horrible people.

But growing plants is a little different to may of the crimes you would like to portray I was responsible for

(like a firearm, which you posted a picture of, but actually was a pepper spray) ;)

@runpaint - I'm ignoring you from now on. You simply won't change your mind on anything I say, you clearly pick and choose what you respond and quote back to so thats it. You are not waisting my time any further.

Typical troll behavior.. Its good to ignore them because they dont get it.

@runpaint - I'm ignoring you from now on. You simply won't change your mind on anything I say, you clearly pick and choose what you respond and quote back to so thats it. You are not waisting my time any further.

Typical troll behavior..

Ever one has their own right to their own opinion. I assume you have never watched a single minute of pornography in your life. I have no moral issue with legal pornography (All my content was completely legal and purchased from the USA) and I personally have no moral issue with cannabis. As many states in the USA don't have an issue with it now.

I'm sure you are smarter than me, better than me? Again, its subjective.

I run 4 companies, one of which is Banx. I never dealt drugs. FYI Racing Pigeon is a multi million dollar industry worldwide ;)

Again, have your own opinion on what I am doing. I am looking forward to Banx becoming part of BTC 2.0. You read that right?

Wow De is one fcked up guy. Rascist scum bag. Wow if you sed half that shit to someones face they would put you on the ground you foul mouthed twat. I see you and runpaint are joined at the hip. Did you first meet on the internet? You just created a new low. No fcker will take any of you seriously lmfao.

you are clearly subhuman.

The guy that is always calling others fascist and communist says this.  The irony.