Quote from: bytemaster on August 15, 2014, 05:21:41 am

The question remains is how much market demand is there for such an asset.

Obviously enormous in your opinion...

Yes, the demand should be enormous. The problem will be that there won't be much supply.

… did I understand that correctly, that there will be two BitUSDs? One with interest and one without?

If you believe that the price of BitUSD will track USD, then you can arbitrage between them. Making a profit by increasing the sum of your holdings in both. If everybody does enough people do this, then the price will track.

As long as you can't trade BitUSD directly for USD then you can still do this trade via intermediate stages like BitsharesX, or even via BitCoin and BitsharesX.

Still not on coinmarketcap.

The current spread implies a market cap of 4000 to 9400 BTC (2.4 to 5.5 million USD), which would make rank 14 to 23 on coinmarketcap.

But as riverhead said volume is negligible, that amount would make rank 200 on coinmarketcap.

It looks like they increased the withdrawal limit to 50 000 BTSX.

https://bter.com/myaccount/withdraw/BTSX

The price/value of a specific energy not only depends on location¹⁾ but for many²⁾ types of energy also on time³⁾.
How are you going to consider this in your energy hierarchy?

1) Compare the price of natural gas in the US and Japan or even just the pump price of petrol in metropolitan areas to remote rural areas.
2) Especially those not easily storeable: Electricity, Light, Heat
3) Have a look at any market traded energy carrier. Short term price fluctuations are largest with electricity spot prices which can vary by one order of magnitude in a day and even become negative.

Quote from: Graffenwalder on March 12, 2014, 09:46:20 pm

This might be an obvious question but what is Bitgold meant to be valued at, Troy ounce?

Yes, in all commodities we need to know what are the measures, or I guess they will be implied by the price?

The unit and seed 'idea' behind each asset is in the hands of the individuals who create and launch a chain.  I highly recommend they be a specific as possible so the market can operate as efficiently as possible.

Given bids of 99, 98, 97, and 95.... to buy it all up in one go you enter an ask for 4@95.   You will receive 4*95=380 rather than 99+98+97 = 389 for a fee of '9'.    Obviously, if you attempted walk the book all the way down to 50, your fees are going to average 25%.

You would have to enter 4 asks in 4 different blocks to minimize your fees to just the 'fee per byte'.

I'm a bit confused. Why does this need four blocks?
What trades would be executed if four new asks (1@95, 1@97, 1@98 and 1@99) meet these existing bids at the same time? Only the first two??

(I'm impressed that none of the "interested" folks had to ask "WTF is a BitShare?")   

I don't think they knew, I think most didn't care. Something for nothing. Whatever-thing.