Market Pegged Assets - Shenzhen and Shanghai Stock Exchange Composite Indexes

[xeroc]

The issue I am having when implementing this is that an INDEX is not denominated in an other currency .. but we need the price as a ratio to BTS ..

Or am I seeing something wrong?
Are SHENZHEN COMPOSITs denominated in CNY?

[BunkerChainLabs-DataSecurityNode]

paging delegate btstools.digitalgaia to modify the feed script to include these markets.  +5%

If anybody should get feeds done it should be him.

[eagleeye]

Wait for BitAssets 2.0 and then back these by BitCNY rather than BTS.    Speculating that BTS will outperform the stock market is much riskier than speculating that it will outperform cash.

How long till BitAssets 2.0?  If we lose these markets we are done for.

In 1 week we outperformed the SSE Composite over a year.

If it takes another month to get the bitAssets 2.0 we could have already generated 200 million in index assets.

[bytemaster]

Wait for BitAssets 2.0 and then back these by BitCNY rather than BTS.    Speculating that BTS will outperform the stock market is much riskier than speculating that it will outperform cash.

[fuzzy]

Definitely HUGE potential here.

[CLains]

Brilliant :D

[eagleeye]

Community action at work!

How much of an advantage is the fact that MPAs will be able to trade 24/7?
I'm thinking we could get a lot of liquidity at the weekends.
Do any other stock indexes continue to trade at the weekend?

The futures market in the United States starts trading on Sunday afternoon.

Because our transaction fees are so low, we could dethrone the equity markets.

[Permie]

Community action at work!

How much of an advantage is the fact that MPAs will be able to trade 24/7?
I'm thinking we could get a lot of liquidity at the weekends.
Do any other stock indexes continue to trade at the weekend?

[eagleeye]

Im now paying $100 USD from Paypal (not using bitshares or bitcoin) for this bounty.

BitcoinJesus2.0 has said he'll give 2000 BTS.

So $100 USD if you use it to buy bitshares will be 14000 BTS + the 2000 BTS from Jesus

[jsidhu]

Please amend the feed script and I will update my delegate asap. If you need help I can take a look at the script.

[eagleeye]

These market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SS

We've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices :)

edit: I've also created:

http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENG
http://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQC
http://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEI

In the past, so any of these is also going to be awesome!

Im willing to pay a 2k BTS bounty for anyone to do what monsterer just said.  This bounty will be denominated in bitcoin but you can trade it into bts.

Add 2k to that on me.

Thank you BitcoinJesus 2.0, your graphic in the other thread rocks!

[bitmarket]

This really is a great idea.

[eagleeye]

These market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SS

We've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices :)

edit: I've also created:

http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENG
http://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQC
http://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEI

In the past, so any of these is also going to be awesome!

Im willing to pay a 2k BTS bounty for anyone to do what monsterer just said.  This bounty will be denominated in bitcoin but you can trade it into bts.

[monsterer]

These market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SS

We've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices :)

edit: I've also created:

http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENG
http://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQC
http://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEI

In the past, so any of these is also going to be awesome!

[proctologic]

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