RE: Little Help With Understanding The Peerplays Sharedrop
Ok, so I think I got it after doing some more research. The Peerplays sharedrop is really for all the Bitshares holders as a reward for staying faithful to the cause and (+) as an incentive to help increase trading on FreedomLedger / OpenLedger exchanges.
I did find this article that calculates the BTS that might miss out for some reason: [they don't transfer or don't qualify } as approximately 1,625,740,922 BTS. So, after taking in the new data and calculating 100,000 BTS sitting in the correct wallet/exchange at snapshot should gain:
BTS Outstanding: 2,572,250,000
BTS Missing Out: 1,625,740,922 (reference article above)
BTS Benefiting: 946,509,078
So take the 50,000 / 946,509,078 = 0.000052826 Peerplays tokens BTS and 100,000 BTS gains 5.282569514 Peerplays tokens. I believe?!?
wow.. ok is see what you did there. I guess this would change depending on how many more people buy BTS before the snapshot. This is all very interesting to me and I think the best way to learn all this is being a part of it. Thanks for the reply. I will holding my Bitshares even after the drop on the 16th. I want to see how the drop will effect the price of Bitshares after. I may be buying again after the impending drop in share price after the 16th.
After the 16th a bunch of people will buy bitshares with peerplays.... No drop in price.