BitShares Forum

Main => General Discussion => Topic started by: monsterer on June 05, 2015, 04:12:32 pm

Title: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: monsterer on June 05, 2015, 04:12:32 pm
Hi guys,

Just want to see if there is any interest in candidate new metaexchanges markets:

* bitUSD / USD.bitstamp
* bitUSD / USD.snapswap-us
* NASDAQC / BTC
* NIKKEI / BTC

The first two would be done as ripple assets trading against bitUSD, the last two would be based on the new feeds the delegates are setting up.

It's easy to say, yes, great - lets do all of them, but we have to pick the most popular one first because we need to raise funds for the market maker for each of these markets, which costs about 10 BTC per market, minimum.

I'm considering adding a market voting feature to metaexchange, to allow users to vote with their wallets for each new market. Would something like that be acceptable to you guys?

I'd love to get your feedback on this :)

Oh, and feel free to suggest any other markets you'd like to see if those are not to your tastes!

Cheers, Paul.
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: xeroc on June 05, 2015, 04:22:35 pm
Oh yes ... absolutely: YES!

Fun fact: People are talking how NASDAQ adopts blockchain .. We are doing it the other way round: BitShares adopts NASDAQ .. Haha
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: mf-tzo on June 05, 2015, 04:29:07 pm
Oh yes ... absolutely: YES!

Fun fact: People are talking how NASDAQ adopts blockchain .. We are doing it the other way round: BitShares adopts NASDAQ .. Haha

hahahaha....

 +5% +5% +5% for  bitUSD / USD.bitstamp
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: Permie on June 05, 2015, 05:46:18 pm
I'm considering adding a market voting feature to metaexchange, to allow users to vote with their wallets for each new market. Would something like that be acceptable to you guys?
Great idea!

If you need the 10BTC to make the market, could that be incentivized someway? A user fronts you the 10BTC by purchasing 10BTC worth of metaUIA, and then some weeks later trade out with their profits.
Metaexchange issue a UIA that pays dividends from the exchange fees that are made possible by the users BTC?
A bitshares hedge fund (?) that trades bitAssets:crypto and shares the profits between UIA holders.
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: Shentist on June 05, 2015, 06:32:05 pm
I'm considering adding a market voting feature to metaexchange, to allow users to vote with their wallets for each new market. Would something like that be acceptable to you guys?
Great idea!

If you need the 10BTC to make the market, could that be incentivized someway? A user fronts you the 10BTC by purchasing 10BTC worth of metaUIA, and then some weeks later trade out with my profits.
Metaexchange issue a UIA that pays dividends from the exchange fees that are made possible by the users BTC?
A bitshares hedge fund (?) that trades bitAssets:crypto and shares the profits between UIA holders.

We are considering to issue an UIA, who will work like a kind of loan with a fixed interest. We have now a couple of month experience as a market maker and it is a risky business. So we don't want to give the "investors" this kind of pressure. A loan is also a much better point from the legal standpoint in our juristications. At the same time is it much easier for us to make the accounting. Many positive points.
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: Akado on June 05, 2015, 06:50:04 pm
whichever has the biggest volume and is more widely used  +5%
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: Shentist on June 05, 2015, 09:29:48 pm
I vote NASDAQ, we have been marketing BitFOREX for literally years now.

It's time for the next level.

You need funds?

donations?

votes?

we need everything you are willing to give :D

at the moment just feedback is good enough !!
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: ebit on June 05, 2015, 11:02:24 pm
 +5%
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: eagleeye on June 05, 2015, 11:58:56 pm
We need 13 more delegates to post up the feeds.  That should be priority.
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: BunkerChainLabs-DataSecurityNode on June 06, 2015, 01:02:18 am
We need 13 more delegates to post up the feeds.  That should be priority.

http://vote.bunkermining.com <<< vote up the next 5 and you will have 5 more right there! :) INSTANTLY!

Never mind pushing non-responsive delegates.. vote them out and put super fast awesome delegates like ours in their place! :)
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: xiahui135 on June 06, 2015, 02:42:38 am
why not NASDAQC/bitUSD ?
This will give opportunity for people outside US to join the US stock market.
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: Shentist on June 06, 2015, 05:40:09 am
why not NASDAQC/bitUSD ?
This will give opportunity for people outside US to join the US stock market.

this is a feature we already have on the internal BitShares market. So metaexchange is concentraded to get people in and out of BitShares as riskfree, fast and cheap as possible.
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: iHashFury on June 06, 2015, 12:33:28 pm
We need 13 more delegates to post up the feeds.  That should be priority.

http://vote.bunkermining.com <<< vote up the next 5 and you will have 5 more right there! :) INSTANTLY!

Never mind pushing non-responsive delegates.. vote them out and put super fast awesome delegates like ours in their place! :)

 +5%
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: xeroc on June 06, 2015, 02:11:43 pm
why not NASDAQC/bitUSD ?
This will give opportunity for people outside US to join the US stock market.

this is a feature we already have on the internal BitShares market. So metaexchange is concentraded to get people in and out of BitShares as riskfree, fast and cheap as possible.
Correct ... once we have the feeds up and running, people can short NASDAQ and sell it for USD ..
Title: Re: bitUSD / USD.bitstamp or USD.snapswap-us on metaexchange?
Post by: liondani on June 06, 2015, 02:47:01 pm
We need 13 more delegates to post up the feeds.  That should be priority.

http://vote.bunkermining.com <<< vote up the next 5 and you will have 5 more right there! :) INSTANTLY!

Never mind pushing non-responsive delegates.. vote them out and put super fast awesome delegates like ours in their place! :)
Same case with standby delegate

martin-38ptswarrior-raum

We are ready to go. ;)

Sent from my ALCATEL ONE TOUCH 997D