Post
Topic
Board Altcoin Discussion
Re: BitShares? interesting ! bullish
by
inBitweTrust
on 21/10/2014, 19:56:56 UTC
BitShares isn't a currency, it's a company.

I understand Bitshares is a DAC and never claimed otherwise(You are combining 2 sentences).

 I was referring to the fact that I was told multiple times that BTSX is the first true deflationary currency as the IPO willed into existence an initial 1,999,883,512 tokens that would never be increased unlike with the allocation of other crypto-currencies. It now appears that there are plans to increase these tokens to 2.5 Billion shares or coins or whatever you wish to call them for the sake of clarity, marketing , and cash infusion for devs.


The price has risen today based on near-finalization of the merger plans, so I don't think your FUD attempt will work...


There are good things and bad things about this maneuver. I do believe that clarification is certainly a good thing for bitshares as the whole AGS/PTS/BTSX/BitUSD and all the assets was entirely overly complicated mess.... but there are bad things as well. What do you think about the negatives?