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Offline Brent.Allsop

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It looks to me like the volume, pricing and market caps being reported in coinmarketcap.com
only include that going on in centralized exchanges like BTC38, BTER, only for BTSX.

But what is the market cap and volume of BitUSD, and any other assets?

It doesn't look like any of them are being reported on coinmarketcap.com?

Is there an easy way to find out things like how many BitUSD are in existence, and volume, over time?




Offline Riverhead

Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #1 on: September 09, 2014, 05:58:33 PM »
It looks to me like the volume, pricing and market caps being reported in coinmarketcap.com
only include that going on in centralized exchanges like BTC38, BTER, only for BTSX.

But what is the market cap and volume of BitUSD, and any other assets?

It doesn't look like any of them are being reported on coinmarketcap.com?

Is there an easy way to find out things like how many BitUSD are in existence, and volume, over time?


If there's not a direct way you can derive it (which I guess is fitting, though unrelated, to it being a derivative asset  :o )  by looking at the asset stats. By tracking the delta in fees over time you can guestimate volume.


Code: [Select]

blockchain_get_asset USD
{
  "id": 22,
  "symbol": "USD",
  "name": "United States Dollar",
  "description": "1 United States dollar",
  "public_data": "",
  "issuer_account_id": -2,
  "precision": 10000,
  "registration_date": "20140719T000000",
  "last_update": "20140719T000000",
  "current_share_supply": 4868475216,
  "maximum_share_supply": 1000000000000000,
  "collected_fees": 19265679
}

Offline maqifrnswa

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #2 on: September 09, 2014, 05:59:53 PM »
In theory, is the market cap always zero? For every one bitUSD in existence, someone owns a negative bitUSD? super-symmetry of finance

I think you're looking for "open interest" which really doesn't make sense on coinmarket cap. I could sell myself a billion bitUSD (with enough collateral), but it doesn't mean the market cap is a billion dollars.
« Last Edit: September 09, 2014, 06:02:13 PM by maqifrnswa »
maintains an Ubuntu PPA: https://launchpad.net/~showard314/+archive/ubuntu/bitshares [15% delegate] wallet_account_set_approval maqifrnswa true [50% delegate] wallet_account_set_approval delegate1.maqifrnswa true

Offline Riverhead

Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #3 on: September 09, 2014, 06:00:52 PM »
In theory, is the market cap always zero? For every one bitUSD in existence, someone owns a negative bitUSD? super-symmetry of finance


That's true. In reality the exchange owns all the bitUSD and we're all just borrowing it from the exchange, or buying it off someone else who is.

Offline Brent.Allsop

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #4 on: September 09, 2014, 08:30:25 PM »

Can someone do the math from that, and give us a total BitUSD in existence right now?


Offline Brent.Allsop

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #5 on: September 09, 2014, 08:31:12 PM »

From the looks of the exchange there is a shitload of volume.


Offline tonyk

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #6 on: September 09, 2014, 08:35:52 PM »

Can someone do the math from that, and give us a total BitUSD in existence right now?

You should definitely download the client aka the vault and put 5 BTSX in it.
80% of the questions you ask, have answers available through it.

Code: [Select]
blockchain_get_asset USD
{
  "id": 22,
  "symbol": "USD",
  "name": "United States Dollar",
  "description": "1 United States dollar",
  "public_data": "",
  "issuer_account_id": -2,
  "precision": 10000,
  "registration_date": "20140719T000000",
  "last_update": "20140719T000000",
  "current_share_supply": [b]4868475216[/b],
  "maximum_share_supply": 1000000000000000,
  "collected_fees": 19265679
}

486,847.5216 bitUSD
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Brent.Allsop

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #7 on: September 09, 2014, 09:52:10 PM »


Can someone do the math from that, and give us a total BitUSD in existence right now?

You should definitely download the client aka the vault and put 5 BTSX in it.
80% of the questions you ask, have answers available through it.

Code: [Select]
blockchain_get_asset USD
{
  "id": 22,
  "symbol": "USD",
  "name": "United States Dollar",
  "description": "1 United States dollar",
  "public_data": "",
  "issuer_account_id": -2,
  "precision": 10000,
  "registration_date": "20140719T000000",
  "last_update": "20140719T000000",
  "current_share_supply": [b]4868475216[/b],
  "maximum_share_supply": 1000000000000000,
  "collected_fees": 19265679
}

486,847.5216 bitUSD

Shit!  That would put it at about #50 on coinmarketcap.com.  Why isn't it there yet?  How do we get it there?

Oh, and thanks for thinking for me, tonyk.  I was one of the big investers in angel shares, so have a few more than 5 btsx.  I am not always as dumb as I sound.  I just like asking people, rather than reading json.




Offline emski

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #8 on: September 09, 2014, 09:55:40 PM »
bitUSD price is backed by BTSX so the bitUSD market cap is included in BitsharesX market cap.

Offline tonyk

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #9 on: September 09, 2014, 09:56:48 PM »


Can someone do the math from that, and give us a total BitUSD in existence right now?

You should definitely download the client aka the vault and put 5 BTSX in it.
80% of the questions you ask, have answers available through it.

Code: [Select]
blockchain_get_asset USD
{
  "id": 22,
  "symbol": "USD",
  "name": "United States Dollar",
  "description": "1 United States dollar",
  "public_data": "",
  "issuer_account_id": -2,
  "precision": 10000,
  "registration_date": "20140719T000000",
  "last_update": "20140719T000000",
  "current_share_supply": [b]4868475216[/b],
  "maximum_share_supply": 1000000000000000,
  "collected_fees": 19265679
}

486,847.5216 bitUSD

Shit!  That would put it at about #50 on coinmarketcap.com.  Why isn't it there yet?  How do we get it there?

Oh, and thanks for thinking for me, tonyk.  I was one of the big investers in angel shares, so have a few more than 5 btsx.  I am not always as dumb as I sound.  I just like asking people, rather than reading json.

I meant that if you are scared for your main funds, do not import them into the client/wallet/vault, yet.
Just buy $0.25 worth of BTSX and play with them for now.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline Brent.Allsop

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #10 on: September 09, 2014, 10:13:25 PM »
So is this why so many people haven't 'claimed' their genesis block shares yet, and can't vote them yet?

It seems to me, the private keys protecting everyone's unclaimed genesis block are not very well protected, especially if they were purchased by some third party or via coinbase.com.  If they become compromised, they could disappear very fast, right?  Am I wrong in thinking this is a far greater risk?  Is it not far safer to move these genesis block BTSX to a new public private key, which you have more control over and know is safe?











Offline tonyk

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #11 on: September 09, 2014, 10:16:13 PM »
So is this why so many people haven't 'claimed' their genesis block shares yet, and can't vote them yet?

It seems to me, the private keys protecting everyone's unclaimed genesis block are not very well protected, especially if they were purchased by some third party or via coinbase.com.  If they become compromised, they could disappear very fast, right?  Am I wrong in thinking this is a far greater risk?  Is it not far safer to move these genesis block BTSX to a new public private key, which you have more control over and know is safe?

You are one of them, tell me why you have not claimed them?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline champbronc2

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #12 on: September 10, 2014, 12:45:02 AM »
bitUSD price is backed by BTSX so the bitUSD market cap is included in BitsharesX market cap.

This. It's that simple.


Offline sschechter

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #13 on: September 10, 2014, 02:54:55 AM »
There's an opportunity for someone to make a site or a widget that lists the bitAsset market cap leaderboard.  It would also be interesting to see all those in one chart plotted over time against BTSX.
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Offline starspirit

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Re: What is the volume and market cap of all Bit assets outside of BTSX?
« Reply #14 on: September 10, 2014, 03:01:40 AM »
In particular I'd like to see the progress of daily volumes for each Bit Asset. In my mind that is a key indicator of 'usage' increasing over time.

 

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