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Messages - mr-whitekey

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76
General Discussion / Re: New Prediction Market Asset ETHWAR, advice?
« on: July 29, 2016, 06:27:17 pm »
Looks like someone put in a 2000bts buy order for 20 million ETHWAR @ .00010 bts. Now all we need is someone to take the opposite side. Anyone?

77
General Discussion / Re: Bitshares price discussion
« on: July 28, 2016, 10:08:28 pm »
Quote from: BunkerChain Labs on July 28, 2016, 05:08:13 pm
Maybe we would have seen different results now if the 2.0 launch was done under a new token and sharedropped instead of the same one.

I have heard this idea floated around before and I see the reasoning. It is not my first choice as a way to grow the network, seems to me continued case examples and use scenarios are the way to go. Unfortunately, I am not yet skilled enough to actually creating those examples. It seems to me that this project is moving and growing. We get a sort of anxiousness when we see other coins skyrocket and this project stay relatively stagnate. We must remember that massive money flowing into the project in just a few months (has not even been a year since the major overhaul bitshares 2.0) should not be our expectation. Our chief expectation should be making the system more productive and useful and from there it will grow.

78
General Discussion / Re: Bitshares price discussion
« on: July 28, 2016, 04:15:01 am »
Quote from: BigPig89 on July 27, 2016, 01:51:03 pm
Bit share been loosing since I got in. The trend has been down for a while. I would say anyone in Bts is a big contrarian probably won't go up in price until end of this year possibly later.

The thing is you really can not judge the long term trend to heavily when looking at the bitshare price history. The project underwent major alteration near the end of 2015 and this caused the fundamentals of the project to drastically alter. Given this I think it prudent to base all judgments of bitshares' future performance from the launch of bitshares 2.0 back in late 2015. From this view the project is at least larger, the price higher and the project is more well known. It will take time for the market to properly price the new fundamentals. Least that is my thought and why I buy BTS whenever I can  :)           

79
General Discussion / Re: New Prediction Market Asset ETHWAR, advice?
« on: July 28, 2016, 03:53:26 am »
hammurabi  ask:
"Could you describe a bit more how it works for the audience :)"


Well I guess it does not inspire much confidence that I am still working that out exactly....

Basically if, on Jan 1st 2017, ETC has a larger market cap than ETH the asset I created called ETHWAR will be worth 1 bts. If you think this will happen then you might want to own lots of ETHWAR and you will create a market buy order for the asset ETHWAR. Given current conditions you would not want to pay too high for this asset so you might bid to buy 1 ETHWAR for only .1 bts (in hopes that the asset ETHWAR will be worth 1bts on JAN 1st). Now at this point it would take another person making the opposite trade to actually create an ETHWAR. If they think that ETC will crash and burn they would not buy ETHWAR but short it. This is where it gets fuzzy for me. In stocks you are selling a borrowed stock when you short sell, where as in the prediction market the short and the buy some how create the asset...  still thinking it through.

80
General Discussion / Re: New Prediction Market Asset ETHWAR, advice?
« on: July 28, 2016, 03:20:30 am »
Quote from: hammurabi on July 27, 2016, 09:48:55 pm
Quote from: xeroc on July 27, 2016, 06:22:07 am
   "is_prediction_market": true,

That looks all right.

As for the people using it .. you need to actively market your PM to people .. you can use a link to get them to enter it directly:
https://bitshares.openledger.info/#/market/ETHWAR_BTS (for instance)

I see such a problem that the link forces new visitor to go through registration first.
He can click "EXCHANGE" button but only smart people will be able to see what exactly the link is about.



Yes, that is a problem. But that is a problem for the entire Bitshares platform (most of crypto too). It is mostly just a test so I can figure it out as there are so few explanations of what the options are when creating a smartcoin or UIA or prediction market. I just kinda guessed.

When I first opened my bitshares  account in OL back in January I saw a very clear page where UIA were posted. It had prediction market coins for the price of Oil, the US election and other random things. I no longer see that page with this new set up, does it still exist?

One issues I see with the topic of my first prediction market assets is that there is already a good way to "bet" on ETH vs ETC, just buy them. Why would they need my asset? Well it is a learning curve and next time I will pick a better topic.   

81
General Discussion / New Prediction Market Asset ETHWAR, advice?
« on: July 26, 2016, 06:58:54 pm »
I just created my first prediction market asset called ETHWAR on openledger. Would someone please take a look at it and advise on whether I did it right? Also how are people supposed to find prediction market assets if they are not actively looking?   

82
General Discussion / New Prediction Market Asset ETHWAR, advice?
« on: July 26, 2016, 06:12:33 pm »
I just created my first prediction market asset called ETHWAR on openledger. Would someone please take a look at it and advise on whether I did it right? Also how are people supposed to find prediction market assets if they are not actively looking?   

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