Quote from: xeroc on February 14, 2017, 08:01:02 am

Quote from: Brekyrself on February 14, 2017, 01:11:34 am

There has always been talk about adding additional price feeds such as stocks.  If we raise the block reward what about requiring these additional feeds?  Being able to play with stocks would be a nice incentive to use BitShares!

Creating indices for stock (market pegged asset) is a business opportunity and can make the issuer a profit from trading fees. Thus I would think that it should be in his interest to set his own feed producers (which he can) and pay them for the service of providing an accurate feed

I think @Brekyrself was referring to adding additional network-issued MPAs and expecting/requiring witnesses to provide feeds for those assets in order to help justify higher pay. 

I like this idea in theory.  But unfortunately there isn't enough focus on liquidity, so I'm not confident we're making enough progress on that front to expect additional MPAs will ever become viable.

Quote from: Brekyrself on January 30, 2017, 07:55:55 am

Even if OpenLedger were to disappear, what stops another gateway from stepping up and accepting Open assets in exchange for their asset?   Trades on Open assets generate a fee given to the issuer, another gateway could simply swap these out.  open.steem vs BitUSD would become blocktrades.steem vs BitUSD for example.

The issuer holds the reserve backing the asset. If the issuer disappears, it also means that the reserve disappears. Without the reserve, another exchange cannot offer the service you mention.

Quote from: GChicken on January 30, 2017, 12:00:47 am

Quote from: svk on January 29, 2017, 06:40:26 pm

and without liquidity its even riskier since you may not be able to close your positions.

i would like to clarify this by saying that position can always be settled 1:1 for the underlying collateral; this is not a market sell operation but a smart contract that will destroy the smartcoin being settled and release the collateral to the settler at the price feed.

I think the hypothetical situation he refers involves the inability to get back the bitassets after creating and spending them. So, the question is: What if I buy all those $100k-worth bitUSD, and refuse to give them back? Creators of the bitassets would be willing to give more than 1 USD per 1 bitUSD, because according to their contract, they may get $2-worth of BTS per bitUSD. So this is a lose-lose situtation.