the name of 'bitGLD' should be reconsidered

[serejandmyself]

XAU is the correct symbol

[liondani]

I like bitGLD but if it change to something else I prefer bitGOLD

[johncitizen]

Bring the XAU! All assets should align with global standards

[fluxer555]

My vote is for BitXAU for sake of unambiguity. The peg's Nash Equilibrium relies on all parties having a very clear understanding of what the BitAsset is. If they aren't familiar with the XAU symbol, then they will learn quickly, and won't ever have to re-learn or make exceptions to what they know.

What if we wanted to make a BitAsset that tracks the ETF?

[mint chocolate chip]

bitGLD ftw!

[bitmeat]

In the USA we do use GLD as the symbol but seeing as bitshares is not just for people who live in the USA this makes sense.

GLD is an ETF. In finance big players usually use futures GC??? (based on the month/year/etc)

[Mysto]

In the USA we do use GLD as the symbol but seeing as bitshares is not just for people who live in the USA this makes sense.

[zhao150]

bitXAU is the best!
international forex market official used XAUUSD.
XAU is gold.
USD is U.S. dollar.

[麥可貓]

according to zhao150, who has practical experiences in foreign market, the name of gold market should be XAU or GOLD:



maybe we should keep bitGLD, which is easier to understand for us, but implement a synonym to have bitXAU market, which is actually the same of bitGLD market