In compare to other 2.0 coins BitShares is only proven scam.First PTS, than AGS, early BTS buyer.... Endless broken promises and dilutions. How do I know. I'm BitShares investor and there from the beginning. I'm holding AGS which is now worthless. These was their promise:
However, with the advent of AngelShares we have a new obligation to do all we can to motivate 3rd Parties to honor those who built the ecosystem they are enjoying. Our promise to promote, support and endorse only those 3rd Party DACs that honor our stakeholder's contributions is an important benefit that 3rd Party developer's get for honoring the Social Consensus. To dilute that for future DACs would be counterproductive and contrary to the expanded Social Consensus developed in December. This is being codified further in the Social Consensus Software License (SCSL) bounty.
https://bitsharestalk.org/index.php/topic,2078.msg24219.html#msg24219Now some Brownie points worth more than AGS. Digital asset called BROWNIE.PTS on the BitShares network is privately issued coins made by Dan Larimer. 1BTC suddenly worth less then few posts in bitsharestalk.org. You can get that points just for posting and if Dan like you then you are in. Pure Genius in creating magic money.
How anybody can still believe in these project is a mystery. He will always make fool from the new investor because that is all they was doing from the beginning.
You may just want to follow more closely what is happening but as there is a lot going on I agree that that is not always easy.
The social consensus was 10% at least to PTS holders and 10% at least to AGS holders. Since BTS (Bitshares) was dropped 50% on PTS holders and 50% on AGS holders the Identabit (identabit.com) allocation that utilizes the graphene / bitshares software honors this social consensus with it's 20% allocation to BTS (and therefore 10% to PTS and 10% to AGS holders).
And what you refer to as continuous dilution (the "merger") was most of all in favor of AGS/PTS holders because if you hold AGS you have gotten more BTS through the merger...