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Technical Support / How to ignite a Bitshares market?
« on: July 17, 2015, 10:50:18 pm »
Hi all,
I am looking at the Bitshares market for quite a while now and test several markets. I came to wonder about how to really start a market. Or even a user issued asset market.
If I want to start a marked paged market like BITHKD. I have to first buy BTS and then short the market with my BTS to bring BITHKD into existence. With more short orders, more BITHKD will be available to trade. Right?
How can we develop a new market, also a DAC (own coin) market without burning thousands of BTS with initial money losing shorts?
How did the USD market started? Any exp from the first traders?
I am looking forward to your ideas and opinions.
Thx
I am looking at the Bitshares market for quite a while now and test several markets. I came to wonder about how to really start a market. Or even a user issued asset market.
If I want to start a marked paged market like BITHKD. I have to first buy BTS and then short the market with my BTS to bring BITHKD into existence. With more short orders, more BITHKD will be available to trade. Right?
How can we develop a new market, also a DAC (own coin) market without burning thousands of BTS with initial money losing shorts?
How did the USD market started? Any exp from the first traders?
I am looking forward to your ideas and opinions.
Thx