BitShares Forum
Other => Random Discussion => Topic started by: Tuck Fheman on May 05, 2015, 10:17:21 pm
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(https://40.media.tumblr.com/51da040cd9cf08dc369bd49ad67e6b41/tumblr_nnwd0aPeSd1rtef2wo1_540.jpg)
We're thinking about creating a new asset called bitChairs using this price feed (http://www.pricegrabber.com/furniture/living-room-chairs/p-1504/).
It's not a perfect design, we know, so get to adding your suggestions below to make bitChairs the #1 asset on teh blockchain!
Be sure to include lots of technical jargon and words coders use in public to appear more human-like.
DETAILS
Core Dev: "crumbs" - Crumbs learned everything he knows from reading post from toast.
Core Dev/Founder: "bitmaster" - Bitmaster claims he only knows about 1/8th of what bytemaster knows, but you can only trust what bitmaster says half the time.
OUTLOOK
m00n
Remember, 1 bitChairs = 1 virtual place to sit ... always!
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Reserved for future updates
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Looks like a comfy place to peg your asset.
If you want to short bitChair you need to collateralize with bitStool.
Ten bitChairs is pegged to 1 bitLadder where as 2 bitStools are needed for a bitChair.
A short bitStool position can be covered with bitChair however if your collateral ratio gets too high you're going to need a bitLadder or risk having to sit on the floor.
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A short bitStool position can be covered with bitChair however if your collateral ratio gets too high you're going to need a bitLadder or risk having to sit on the floor.
Are we nailing bitChairs down to a pegged floor and letting the ceiling go as high as it wants?
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(http://www.sickchirpse.com/wp-content/uploads/2013/01/Really-Drunk-Dizzy-Tramp-Sleep.jpg)
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Looks like a comfy place to peg your asset.
If you want to short bitChair you need to collateralize with bitStool.
Ten bitChairs is pegged to 1 bitLadder where as 2 bitStools are needed for a bitChair.
A short bitStool position can be covered with bitChair however if your collateral ratio gets too high you're going to need a bitLadder or risk having to sit on the floor.
ROFL +5%
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LOL - all of you guys... +5%
Very well timed Tuck Fheman - "Nailing bitChairs down to a pegged floor and letting the ceiling go as high as it wants?"
BTW OP do you guys mind being the feed provider of my private (NDA-ed for now) chair related bigAssat?