0 Members and 1 Guest are viewing this topic.
Most of all you need people willing to short them into existence, so I'd suggest focusing on one index at a time in order to build some liquidity..
We need to get market making bots done for this, we need an accurate price.
This is awesome... now what happens?!
Paging Mr. HodorMr. Hodor please, you're presence is needed in the operating room
51, market is live now!!! https://bitsharesblocks.com/assets/market
Quote from: testz on June 08, 2015, 05:51:58 pm51, market is live now!!! https://bitsharesblocks.com/assets/marketHa .. and that's not even "the announcement"(tm)Good work @ delegates!!
I just released version 0.2.4 of the bts_tools package which now allows to publish feeds for SHENZHEN (priced in CNY), NASDAQC (in USD), NIKKEI (in JPY) and HANGSENG (in HKD).My delegate bts_tools.digitalgaia is now publishing those feeds as well.Please remember to vote for btstools.digitalgaia, which is now in position 102! If it gets voted in, here's a list of the things I propose to develop: https://bitsharestalk.org/index.php/topic,14501.0.html and https://bitsharestalk.org/index.php/topic,12534.0.html
What exactly has happend with the bounty offered in this thread? Just out of curiosity ...
Quote from: liondani on June 02, 2015, 10:30:40 amCan we have such an update from the other scripts too... ?Sent from my ALCATEL ONE TOUCH 997D @altwhat about bitsuperlab script ?https://github.com/bitsuperlab/operation_tools
Can we have such an update from the other scripts too... ?Sent from my ALCATEL ONE TOUCH 997D
Quote from: monsterer on June 03, 2015, 07:13:40 amQuote from: wackou on June 03, 2015, 02:24:39 amI just released version 0.2.4 of the bts_tools package which now allows to publish feeds for SHENZHEN (priced in CNY), NASDAQC (in USD), NIKKEI (in JPY) and HANGSENG (in HKD).My delegate bts_tools.digitalgaia is now publishing those feeds as well.Please remember to vote for btstools.digitalgaia, which is now in position 102! If it gets voted in, here's a list of the things I propose to develop: https://bitsharestalk.org/index.php/topic,14501.0.html and https://bitsharestalk.org/index.php/topic,12534.0.htmlAny chance of getting a quick howto for getting these up and running? The docs at your github don't mention feeds: https://github.com/wackou/bts_toolshttp://bts-tools.readthedocs.org/en/latest/config_format.html?highlight=feed
Quote from: wackou on June 03, 2015, 02:24:39 amI just released version 0.2.4 of the bts_tools package which now allows to publish feeds for SHENZHEN (priced in CNY), NASDAQC (in USD), NIKKEI (in JPY) and HANGSENG (in HKD).My delegate bts_tools.digitalgaia is now publishing those feeds as well.Please remember to vote for btstools.digitalgaia, which is now in position 102! If it gets voted in, here's a list of the things I propose to develop: https://bitsharestalk.org/index.php/topic,14501.0.html and https://bitsharestalk.org/index.php/topic,12534.0.htmlAny chance of getting a quick howto for getting these up and running? The docs at your github don't mention feeds: https://github.com/wackou/bts_tools
Here we go:https://github.com/xeroc/bitshares-pytools/commit/7b12c4695de3a4221dc6c8cf7200e8233b6710b6(almost) complete restructure of the code ..will make it alot easier to add more indices in the future
I will need to do some work on the feed script to support asset/indix prices denoted in HKD ..
Quote from: wackou on June 03, 2015, 02:24:39 amI just released version 0.2.4 of the bts_tools package which now allows to publish feeds for SHENZHEN (priced in CNY), NASDAQC (in USD), NIKKEI (in JPY) and HANGSENG (in HKD).Fantastic! Great work, you've got my vote
I just released version 0.2.4 of the bts_tools package which now allows to publish feeds for SHENZHEN (priced in CNY), NASDAQC (in USD), NIKKEI (in JPY) and HANGSENG (in HKD).
http://vote.bunkershares.com is updated and publishing these needs NOW! We have one voted in, if we get the other five voted in then you will have 6 with the updated feeds!Check out the link and vote today!
Shenzhen was up 3.5% today while Shanghai was up 1.6%
Quote from: tonyk on June 01, 2015, 01:42:50 pmSo, for this index the weight is the number of shares issued by each individual company. The problem I see is that you must have current correct amount of shares issued for every company at all times. It can be a pain...and no I do not know where to get (and update) those numbers from.Why do we need to recompute the index when it already has a value from yahoo? I'm not following the logic there.
So, for this index the weight is the number of shares issued by each individual company. The problem I see is that you must have current correct amount of shares issued for every company at all times. It can be a pain...and no I do not know where to get (and update) those numbers from.
Quote from: xeroc ¯\_(ツ)_/¯ on June 01, 2015, 01:07:52 pmOk .. so this would be a patch for my script:https://github.com/xeroc/bitshares-pytools/compare/master...indicesI denominate the index in CNY but before I merge this with "master" I need someone to figure out some more details about the INDEX .. in particular, I am interested to know HOW exactly the index is derived and what the weights/percentages for the individual stocks/assets are ..Can someone figure them out or point me to where I can find them?What values do you get spat out of that script? It looks ok from a cursory glance, but without running it, I can't tell for sure Here are the component parts of the index:http://www.szse.cn/main/en/marketdata/Indiceslist/It doesn't say how they are weighted, tho.
Ok .. so this would be a patch for my script:https://github.com/xeroc/bitshares-pytools/compare/master...indicesI denominate the index in CNY but before I merge this with "master" I need someone to figure out some more details about the INDEX .. in particular, I am interested to know HOW exactly the index is derived and what the weights/percentages for the individual stocks/assets are ..Can someone figure them out or point me to where I can find them?
Quote from: xeroc ¯\_(ツ)_/¯ on June 01, 2015, 01:07:52 pmOk .. so this would be a patch for my script:https://github.com/xeroc/bitshares-pytools/compare/master...indicesI denominate the index in CNY but before I merge this with "master" I need someone to figure out some more details about the INDEX .. in particular, I am interested to know HOW exactly the index is derived and what the weights/percentages for the individual stocks/assets are ..Can someone figure them out or point me to where I can find them?according to wikipedia : http://en.wikipedia.org/wiki/SSE_Composite_IndexSSE Indices are all calculated using a Paasche weighted composite price index formula. This means that the index is based on a base period on a specific base day for its calculation. The base day for SSE Composite Index is December 19, 1990, and the base period is the total market capitalization of all stocks of that day. The Base Value is 100. The index was launched on July 15, 1991.The formula is:Current index = Current total market cap of constituents × Base Value / Base PeriodTotal market capitalization = ∑ (price × shares issued)So, for this index the weight is the number of shares issued by each individual company. The problem I see is that you must have current correct amount of shares issued for every company at all times. It can be a pain...and no I do not know where to get (and update) those numbers from.
Definitely HUGE potential here.
Why go to college when you could earn money right away by waiting tables? Because it's an investment in your future. Do this once and do it right, even if you have to wait for the technology.
Quote from: bytemaster on May 30, 2015, 01:21:25 amWait for BitAssets 2.0 and then back these by BitCNY rather than BTS. Speculating that BTS will outperform the stock market is much riskier than speculating that it will outperform cash.How long till BitAssets 2.0? If we lose these markets we are done for.In 1 week we outperformed the SSE Composite over a year.If it takes another month to get the bitAssets 2.0 we could have already generated 200 million in index assets.
Wait for BitAssets 2.0 and then back these by BitCNY rather than BTS. Speculating that BTS will outperform the stock market is much riskier than speculating that it will outperform cash.
Excuse my ignorance here, but the two items you're discussing feeds for are stock market indexes, whose price is set only once per day (https://en.wikipedia.org/wiki/SSE_Composite_Index), so why is a price feed necessary, why not rely on the published index price?Is it b/c there is something like a mutual fund (a single, tradable entity) that represents this index? If so I could see the need to track the trading price for such an item, but I don't get it for the index itself which is only set once a day.
What's the problem getting it up, seeing how much demand there is then getting a bitCNY pegged one up in a month or 2 when bitasset 2.0 is out.
People from other crypts could be watching this forum, waiting for us to f up.
Quote from: tonyk on May 30, 2015, 06:08:36 pm'Pricing' it in BTS will be truly funny. Hey tony .. good to have you back .. haven't seen you in a while ..could you elaborate why pricing it in BTS would be "funny"?
'Pricing' it in BTS will be truly funny.
Would make it easy to update the price feed script and would also make it independent of CNY price .. not sure if this is the desired effect .. also this is not something we can "just decide" .. is it?
Quote from: xeroc ¯\_(ツ)_/¯ on May 30, 2015, 05:39:45 pmQuote from: eagleeye on May 30, 2015, 05:18:10 pmIn the futures market they denote 1 point on the S&P 500 E-Mini as $50 or $100 dollars go here http://futures.tradingcharts.com/chart/ES/That's good to know .. but what is of "price for 1 point" in Shenzhen and Shanghai Stock Exchange Composite Indexes?I would just price it in BTS like, shenzhen is currently 2793.25, here: http://www.bloomberg.com/quote/SZCOMP:IND, so 2793.25 BTS seems logical? Guess that's 1:1?
Quote from: eagleeye on May 30, 2015, 05:18:10 pmIn the futures market they denote 1 point on the S&P 500 E-Mini as $50 or $100 dollars go here http://futures.tradingcharts.com/chart/ES/That's good to know .. but what is of "price for 1 point" in Shenzhen and Shanghai Stock Exchange Composite Indexes?
In the futures market they denote 1 point on the S&P 500 E-Mini as $50 or $100 dollars go here http://futures.tradingcharts.com/chart/ES/
I would just price it in BTS like, shenzhen is currently 2793.25, here: http://www.bloomberg.com/quote/SZCOMP:IND, so 2793.25 BTS seems logical? Guess that's 1:1?
The issue I am having when implementing this is that an INDEX is not denominated in an other currency .. but we need the price as a ratio to BTS ..Or am I seeing something wrong?Are SHENZHEN COMPOSITs denominated in CNY?
Community action at work!How much of an advantage is the fact that MPAs will be able to trade 24/7?I'm thinking we could get a lot of liquidity at the weekends.Do any other stock indexes continue to trade at the weekend?
Quote from: eagleeye on May 29, 2015, 09:21:42 pmQuote from: monsterer on May 29, 2015, 09:17:35 pmQuote from: eagleeye on May 29, 2015, 09:12:30 pmThese market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SSWe've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices edit: I've also created:http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENGhttp://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQChttp://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEIIn the past, so any of these is also going to be awesome!Im willing to pay a 2k BTS bounty for anyone to do what monsterer just said. This bounty will be denominated in bitcoin but you can trade it into bts.Add 2k to that on me.
Quote from: monsterer on May 29, 2015, 09:17:35 pmQuote from: eagleeye on May 29, 2015, 09:12:30 pmThese market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SSWe've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices edit: I've also created:http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENGhttp://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQChttp://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEIIn the past, so any of these is also going to be awesome!Im willing to pay a 2k BTS bounty for anyone to do what monsterer just said. This bounty will be denominated in bitcoin but you can trade it into bts.
Quote from: eagleeye on May 29, 2015, 09:12:30 pmThese market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SSWe've set the ground work, but we're not quite there yet - we still need a feed script hero to create a pull request which includes these two indices edit: I've also created:http://www.bitsharesblocks.com/asset/orderbook?asset=HANGSENGhttp://www.bitsharesblocks.com/asset/orderbook?asset=NASDAQChttp://www.bitsharesblocks.com/asset/orderbook?asset=NIKKEIIn the past, so any of these is also going to be awesome!
These market pegged assets (MPAS) mimic (track) the Shenzhen Stock Exchange Composite Index (399106.SZ) http://finance.yahoo.com/q?s=399106.SZ and the Shanghai Stock Exchange Composite Index (000001.SS) https://ca.finance.yahoo.com/q?s=000001.SS