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Author Topic: ProtoShares Cheat Sheet  (Read 9226 times)
bytemaster
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November 04, 2013, 11:28:27 PM
 #21

Advertising a 750k market cap in under 2 months is quite the claim

Well, the money supply increases rapidly, so I would suspect that present shares factor in the creation of future shares. 

So suppose they sell for $1 per ProtoShare today... that would imply about a 750K market cap... we shall see what people are willing to pay for them Smiley

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November 05, 2013, 12:07:23 AM
 #22

I really wish this coin was started at a better time.

08:08 I am on my way to work so no chance of dl it

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bytemaster
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November 05, 2013, 12:48:47 AM
 #23

I really wish this coin was started at a better time.

08:08 I am on my way to work so no chance of dl it

For whom... it is 3AM for me Smiley

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tacotime
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November 05, 2013, 12:51:26 AM
 #24

Advertising a 750k market cap in under 2 months is quite the claim

Well, the money supply increases rapidly, so I would suspect that present shares factor in the creation of future shares. 

So suppose they sell for $1 per ProtoShare today... that would imply about a 750K market cap... we shall see what people are willing to pay for them Smiley

Uh.. you're using this as the distribution scheme?  It's just going to get destroyed by botnets and server farms like YAC/etc did, and with the reward algorithm being the way it is it'll be hard to sell this distribution to people later.

Code:
XMR: 44GBHzv6ZyQdJkjqZje6KLZ3xSyN1hBSFAnLP6EAqJtCRVzMzZmeXTC2AHKDS9aEDTRKmo6a6o9r9j86pYfhCWDkKjbtcns
bytemaster
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November 05, 2013, 01:00:58 AM
 #25

Advertising a 750k market cap in under 2 months is quite the claim

Well, the money supply increases rapidly, so I would suspect that present shares factor in the creation of future shares. 

So suppose they sell for $1 per ProtoShare today... that would imply about a 750K market cap... we shall see what people are willing to pay for them Smiley

Uh.. you're using this as the distribution scheme?  It's just going to get destroyed by botnets and server farms like YAC/etc did, and with the reward algorithm being the way it is it'll be hard to sell this distribution to people later.

This coin has a useful life of about 1 year... after which other coins will be derived from it.   I suspect BitShares will be out in 6 months and that will have a linear decay over 12 years.    Besides, this is a good trial run for the proof of work and I can also see how botnets handle it.


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