Quote from: Akado on January 11, 2016, 08:47:15 pm

@ccedk got one more potential user for you lol and by his profile he even seems someone who is in the DOGE community for quite a while and may be well known. One user that can potentially bring more! btw check his feedback. He's right we're lacking screenshots of the exchange on the site. It's a must!
https://www.reddit.com/r/cryptsy/comments/40d7iy/inviting_all_cryptsy_users_to_join_openledger_a/

When it was release people loved the interface here. That user was just another example so what we need is to show it off!! Show it on articles, show it on the site. People need something to be impressed about. All the nice talk and features, they're good but this is food for their eyes. whether they want it or not, they're making contact with the exchange as soon as they see the pics with a simple scroll. And from the moment they do they love it.

Screenshots must be added asap @cass (dunno if you have access)

Here are some quotes from that reddit:

Quote

by heart, didnt it ask to register before it explained what it is?

Quote

yeah, but i need to see the active markets beforehand before I would decide to join

@svk: Proves what Ive been saying for ages, the OpenLedger exchange frontpage puts people off, because people want to see depth etc before registering, even if it is free.

 

Exactly. We need some screenshots and a video demonstration. That should be the first thing the user sees. Because only he finds it cool will he want to know more info. He doesn't want to read all of that info without having NO idea of what OpenLedger looks like.

Quote from: Akado on January 13, 2016, 12:21:32 pm

I've tried to address those problems @Empirical1.2

If assets are collaterized, exchanges can't keep up with deposits unless they place collateral of their own, which I think they won't.

As for shared orderbooks, it can happen if either they use collaterized assets like the MPAs we have or use all the same asset (ie exchange joins OpenLedger and also adopts OPENBTC as their asset). I guess it's really up to them to choose what we have to offer, but collaterized assets are out of their reach imo. Otherwise they would always need twice the amount of deposits they have, which they might not be able to keep up with.

Now, if they received some kind of interest for their collateral that could be a different history. They could try go for it as it would be another revenue source.

So as a customer of an exchange that is using BEN you are still exposed to the same risk of that exchange being hacked, seized or running away with customer funds?

If so it seems like the main advantage would be accessing a shared orderbook, however the BEN orderbook is probably currently thinner that most exchanges you are approaching?

Kind of, you can still trade them, funds aren't locked up, ever. However, they would most likely loose value if something happens to the exchange. That's why we need shared order books, it's something very important. If an exchange looses funds it doesn't matter because it can still be traded, used and redeemed by any other service or user.

Without that, UIAs can be dangerous and don't really change anything other than you not having your funds locked, ever. But that doesn't guarantee they won't loose value because they're dependent on the service that issued them.

We would either need them to use BitAssets or a common UIA like OPENBTC for example. Other than that it doesn't really change anything.

Yes they all have bigger volume and orderbooks than us, though they're a few of the smallest exchanges. C-CEX was the biggest one I approached.


I think it's too early for them to join us as we still don't have that much to offer. The only ones that would benefit the most would be exchanges with volume inferior to $10k or $5k, which seems really small. But if we can get 5 exchanges with this small volume and all use the same asset, that's $20-50k daily volume + network effect. Then we could try and go for exchanges with $20-30k daily volume. Plus two of those and we already would have $100k. And so on. I think from that point onwards we wouldn't even need to chase any more exchanges as all the new and smallest ones would want to join us and we would "outcompete" others and see a steady increase of volume. It would really just be a matter of time till we get to $250 or $300 and so on.

I think that should be the plan. Start off with 5 to 10 of the smallest exchanges. Most likely to join us and it's a win win. Then the more we have with us, the easier it gets to get others. If we had all of the smallest exchanges under the wing of OpenLedger, network effect would be huge, we would be on multiple countries plus now competing directly with bigger exchanges which could really join or not but I guess it's just a matter of time till we surpass them, once again proving they're better joining us  It would basically be a snowball.

But for that they would all need to use the same assets.

I think if for 3 months or so we could find a group/taskforce, whatever to dedicate to this we could really do something! But we would need people with technical expertise and at the same time can sell a product.



Coinsetter - $450
bitebi9 - $600
Coinsquare $670
Bitorado $1100
NIX-E $1450
Bitcoins Norway $1700
CoinTrader $2200
meXBT $3000
LEObit $3000
BitKonan $5000
LEOxChange $6700
Cryptopia $7100
Bleutrade $7500
Negocie Coins $10000
LiteBit.eu $11000
CAVirtex $11600
YoBit $17500
C-CEX $22000

If we get the lowest ones up to $3k it would be +$13k. If we got them up to $10k it would be +$50k. The total volume of those exchanges is superior to $100k. Imagine that. It will only take the first ones. Then we can use them as examples for others to see how huge they could be. Imagine approaching a $10k exchange and say, well, if you join OpenLedger you get all this benefits plus a volume of $100k. You think they wouldn't join?

Could you elaborate more on what you mean by "capital friendly" please? What would make BitShares more capital friendly?

thanks @Stan and I understand you're busy. Would you consider chatting with C-CEX on Skype? He even came back to me telling that no one has contacted him yet (I told him I would try to get someone who could explain things better). I can pm you or anyone else who would give this a go, his skype account.

So I discovered I could create a blog on github with this

https://pages.github.com/

I started with one of the layouts they offered and prepared a post. However I just can't figure out how to upload all of my files. Using the github app on windows I get

"Syncing would overwrite your uncommitted changes. Please commit or discard your changes and try again"

What's up with that? I created a repository with the same name as my username, etc but I can't sync the directory on my computed and upload it to github, or at least that's how I thought it would work. I thought he would just upload the changes.

I also tried to do this manually by "creating a file" on the website but I noticed I can't upload images, meaning I can only copy/paste code. I also have a folder with pics but can't create a folder within my repository.... I never used github btw. It might not be the best option for a blog but I thought it was as easy as me changing the html css and js and use the app to sync and publish the changes, making these appear on my repository and uploading my blog page (username.github.io). However I'm having a hard time doing this. Maybe on linux it would be easier for me but I only have windows at home.

I'm using the windows app but it seems it's just bad. It tells me to discard or commit changes but no option there, I need to use the console and I only know how to use the linux terminal, not the windows one. At first it looks very simple and smooth but then it looks like it doesnt have any support or options to do stuff. I thought it would replace the console.

Or maybe it's just me who just doesn't know how to use it too.

Here's a pic

https://i.imgur.com/9mSX2FU.png
https://i.imgur.com/vKPT7lD.png

btw the uncommitted changes is the readme file with one more string which is the name of the repository if im not mistaken. How do i commit that on the website or using the app? I'm not familiar with the windows console

I found out I could undo the commit but then it tells me I failed to syn this branch, I searched and i needed to do git status to see what was wrong, etc, but that way i need to use the windows console. Isn't there any other way? I could ask someone to do this for me but I dont want to bug someone each time I want to make a change.

But they're the only reliable nodes, that way we end up having a bottleneck with only a single node, in this case OpenLedger, for all users. Also I don't agree with xeroc when he says the network is decentralized but access is not... that may be true in theory but from a user pov that's not decentralized since if one single node is down he has no access. This, from a user pov

Quote from: Akado on January 12, 2016, 03:19:44 pm

How decentralized is BitShares if we depend on OpenLedger service to be up and running? I couldn't use it with the light client too.

Run a business .. setup your own witness nodes and there you go ..
The network is decentralized .. access to the network currently is not ..

I just don't know how to connect to other witness node in case the OpenLedger one that seems to be the default, is down. I don't know which other websocket servers to choose from, where's a list for me to manually input a new one. Couldn't we make it so in case one is down, it automatically redirects to other random node ran by witnesses?

How decentralized is BitShares if we depend on OpenLedger service to be up and running? I couldn't use it with the light client too.