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2nd reply from HitBTC, sounds pretty positive!"Thank you for the information.We will need some time to make all the preliminary arrangements on our side.I will get back to you as soon as we are ready to discuss the implementation itself and the technical details."They don't need contacting again so please don't push them further about this.Got a negative reply from bitstamp:"Thank you for reaching out to us regarding your inquiry. However Bitstamp is not currently looking to add additional crypto assets to our exchange platform."
Got an interested reply from Hitbtc:"Thank you for reaching out to HitBTC. Your proposal looks rather interesting and we are glad that you are considering the cooperation with us.I have studied the information on Bitshares X on your site and on wiki; the project description is very impressive. By the way, do I get it right that the project is not launched yet?I wonder if you can explain me in more detail how it all will work. What are your conditions and what is required from our side?Thank you,"I replied with the following:"Thank you for the prompt reply, and for taking the time to understand our project. Bitshares-X is a very large and multifaceted project but I'll explain as succinctly as I can. We are essentially a decentralised bank and exchange which operates on 200% reserve. Bitshares-X is live now. The current bitassets are listed here:http://www.bitsharesblocks.com/assetsThe bid depth and ask depth for any asset needs to reach a certain threshold before going live and the number of live feeds must be over 51. So far bitUSD, bitCNY and bitBTC have been 'unlocked' and are currently tradable within our downloadable client as well as on a few third party exchanges. You'll see bitGLD and bitEUR are highlighted in orange and they will become tradable next. There is no individual who decides when a bitasset will 'unlock', anyone can create one and then the market decides to 'unlock' it once there is enough demand to support the market peg, which keeps the price tightly pegged to the 'real world' price. As Bitshares-X grows, any fiat currency or commodity will be tradable all within the Bitshares-X decentralised exchange. For example bitOIL, will track the price of oil and let oil speculators trade, and bitSLV will do the same for silver and bitGLD for gold. Real world assets tradable in cryptocurrency with all the benefits it brings such as privacy, security, simplicity, open to all, almost no fees.What we are initiating currently with exchanges including HitBTC, is understanding of bitassets. Bitassets can be added to HitBTC, similar to adding multiple cryptocurrencies. The difference is that bitassets, as they are released, appeal to entire new markets. Having bitGLD, once it launches, on your exchange would mean you could advertise to gold speculators, and likewise with bitSLV, bitOIL, opening up huge channels of new users. There can even potentially be bitassets such as bitGOOG tracking the price of Google stock, resulting in an entire stock exchange within the bitshares client, as well as currencies and commodities! We therefore encourage HitBTC to expand into bitassets now, in such a way that it is ready to add other bitassets in the future and stay one step ahead of the game in the crypto-exchange ecosystem. At this stage this would meaning adding bitUSD, bitCNY and bitBTC as tradable options.I hope this explanation contains the key information, I'd be happy to answer any more questions about Bishares-X you may have, Regards"
Ok guys here is a filled out form if we all take 2 mins and submit we can start to cross some of the tasks coin hoarder has put together for usHere is the link to the form https://www.coinpayments.net/coinreqHere is a filled out form so fire away guys, their doesn't seem to be a limit.This is something that everyone with any skill level can do. Participate and help the community and you own investment.
Ok I've emailed HitBTC with this. I think it's an upgrade from coinhoarder's previous pitch, so it can be used as a template. I'll send it to a bunch of other exchanges later today and will report back when done.New email pitch template: Subject: On behalf of Bitshares-X + bitUSDDear ---insert exchange name--- team,I'm writing to you on behalf of BitShares-X, which I believe could easily expand your business into a crypto-equity exchange trading real world commodities via BitShares-X's bitassets. These include bitUSD, bitCNY, and bitBTC. bitGLD and bitEUR will be unlocked and soon any commodity un the sun will be tradable as a bitasset. This is the true bitcoin2.0 and we hope ---insert exchange name--- will manoeuvre intelligently to profit and grow from it. These bitassets are market-pegged to the real-world commodity or currency via a decentralized and secure mechanism. Enabling the bitassets bitUSD, bitCNY, bitBTC, and soon bitGLD on your exchange is allowing entire new markets to flood your exchange with capital, grow your business, and give ---insert exchange name--- a competitive advantage over the other exchanges. For more information, visit:http://bitshares-x.infoIf you have any questions feel free to post on http://bitsharestalk.orgRegards--- insert your name ---
http://www.bitsharesblocks.com/assetsshows all of them ... whenever the published feeds is higher then 51 the market is open .. once 500kBTSX are on both sides (bid/ask) the trading starts!IMHO btsx does not make much sense for payment processors as it is as volatile as bitcion and any other crypto currencyprocessors and merchants want a stable currency such as the bitUSD
could we focus on letting payment processors take bitUSD / bitEUR / bitCNY ... and not BTSX!
I am going to post a filled out version but one question,
What is the number of recommended confirmations?
Also I am not going to put that I am a dev but I do think it may be a good idea to but some dev contact info on it in case they have questions.
Quote from: CoinHoarder on September 15, 2014, 09:26:10 pmHere is the updated email template, thank you to those that submitted edits.Subject: Please consider adding BTSX and Bitassets to your exchange.BitSharesX is no clone coin, so please hear me out! BTSX has the first commodity, cryptocurrency, and FIAT decentralized asset exchange, the assets traded on the decentralized exchange are named Bitassets. The values of the Bitassets are "market pegged" to their true real-life values through trade on a decentralized market. The market peg is held by people taking opposite investment positions on that asset (short or long). The appropriate amount of BTSX is held in collateral to back the Bitassets such as bitUSD, bitBTC, bitCNY, and bitGOLD.Accepting BTSX could expand your original business model beyond cryptocurrencies and into real life commodities. Furthermore, working with decentralized FIAT is much more convenient due to onerous taxes and government policies such as kyc, etc. As of this Wednesday, Bitassets will gain interest from transaction and market fees from each Bitasset. Some estimates have put that interest at about 5% to 10% yearly, and this makes bitUSD a good alternative to a savings account in a bank.Along with the above benefits your customers will enjoy the 10 second block confirmations, on the new Delegated Proof of Stake algorithm, which is as secure as one Bitcoin confirmation. Delegated proof of stake uses a stake holder's vote to vote in the 101 block producers that alternate turns producing the next block. If a delegate is doing a bad job, or is attacking the network, then they can be voted out of power easily by other stake holders. In this way, delegates that were "hired" can also be "fired" by stakeholders in the network. The adjustable pay and burn rate of delegates also allows for creative campaigns to be launched by delegates, who can then funnel a % of their pay toward bolstering the community in some way.Unlike Bitcoin, Litecoin, and most cryptocurrencies, BTSX is truly deflationary as transaction fees are destroyed and no more BTSX will be printed, and most cryptocurrencies are still in the inflationary stage of their distribution model. The destruction of transaction fees serves as a means to pay "dividends" to shareholders by increasing the buyer power of remaining BTSX in the system. It is possible that due to its utility and features, along with its truly deflationary model, it could appreciate in value better and faster than other cryptocurrencies.In summary, please consider adding BitsharesX and Bitassets to your exchange for all the benefits they will bring, and the large community that is forming around it. BitSharesX and Bitassets are truly revolutionary ideas that deserve to be traded on the bigger cryptocurrency exchanges, and rise above the "copy and paste coins" and gimmicks that alternative cryptocurrencies have mostly been in the past.Thanks,Your name here
Here is the updated email template, thank you to those that submitted edits.Subject: Please consider adding BTSX and Bitassets to your exchange.BitSharesX is no clone coin, so please hear me out! BTSX has the first commodity, cryptocurrency, and FIAT decentralized asset exchange, the assets traded on the decentralized exchange are named Bitassets. The values of the Bitassets are "market pegged" to their true real-life values through trade on a decentralized market. The market peg is held by people taking opposite investment positions on that asset (short or long). The appropriate amount of BTSX is held in collateral to back the Bitassets such as bitUSD, bitBTC, bitCNY, and bitGOLD.Accepting BTSX could expand your original business model beyond cryptocurrencies and into real life commodities. Furthermore, working with decentralized FIAT is much more convenient due to onerous taxes and government policies such as kyc, etc. As of this Wednesday, Bitassets will gain interest from transaction and market fees from each Bitasset. Some estimates have put that interest at about 5% to 10% yearly, and this makes bitUSD a good alternative to a savings account in a bank.Along with the above benefits your customers will enjoy the 10 second block confirmations, on the new Delegated Proof of Stake algorithm, which is as secure as one Bitcoin confirmation. Delegated proof of stake uses a stake holder's vote to vote in the 101 block producers that alternate turns producing the next block. If a delegate is doing a bad job, or is attacking the network, then they can be voted out of power easily by other stake holders. In this way, delegates that were "hired" can also be "fired" by stakeholders in the network. The adjustable pay and burn rate of delegates also allows for creative campaigns to be launched by delegates, who can then funnel a % of their pay toward bolstering the community in some way.Unlike Bitcoin, Litecoin, and most cryptocurrencies, BTSX is truly deflationary as transaction fees are destroyed and no more BTSX will be printed, and most cryptocurrencies are still in the inflationary stage of their distribution model. The destruction of transaction fees serves as a means to pay "dividends" to shareholders by increasing the buyer power of remaining BTSX in the system. It is possible that due to its utility and features, along with its truly deflationary model, it could appreciate in value better and faster than other cryptocurrencies.In summary, please consider adding BitsharesX and Bitassets to your exchange for all the benefits they will bring, and the large community that is forming around it. BitSharesX and Bitassets are truly revolutionary ideas that deserve to be traded on the bigger cryptocurrency exchanges, and rise above the "copy and paste coins" and gimmicks that alternative cryptocurrencies have mostly been in the past.Thanks,Your name here
Update! The Chinese exchange 貔貅交易所(https://peatio.com/) add BTSx trading, start depositing on September 22 and trading on September 28. The plan of trading Bitassets is on the way. Check it here on weibo.com(in Chinese not English): http://weibo.com/3769019044/Bnxdma0Qh?mod=weibotime
Wow great thread. Somehow this stuff needs to stay up at the top.
Can someone peer review this email below? I am going to gather email addresses for all services on the list. Email is about the only thing left to do I can think of, unless someone else has any other ideas.. I would be happy to hear. Subject: Please consider adding BTSX and Bitassets to your exchange.BitSharesX is no clone coin, so please hear me out! BTSX has the first commodity, cryptocurrency, and FIAT decentralized asset exchange, the assets are named Bitassets. The values of the Bitassets are "market pegged" to their true real-life values through trade on a decentralized market. The market peg is held by people taking opposite investment positions on that asset (short or long). The appropriate amount of BTSX is held in collateral to back the Bitassets such as bitUSD, bitBTC, bitCNY, and bitGOLD.Accepting BTSX could expand your original business model beyond cryptocurrencies and into real life commodities. Furthermore, working with decentralized FIAT is much more convenient due to onerous taxes and government policies such as kyc, etc. As of this Wednesday, Bitassets will gain interest from transaction and market fees from each Bitassets. Some estimates have put that interest at about 5% to 10% yearly, and makes bitUSD a good alternative to a savings account in a bank.Along with the above benefits your customers will enjoy the 15 second block confirmations, on the new Delegated Proof of Stake algorithm, which are as secure as one Bitcoin confirmation. Delegated proof of work stake uses a stake holder's vote to vote in the 101 block producers that alternate turns producing the next block. If a delegate is doing a bad job, or is attacking the network, then they can be voted out of power easily by other stake holders. In this way, delegates that were "hired" can also be "fired" by stakeholders in the network. The adjustable pay and burn rate of delegates also allows for creative campaigns to be launched by delegates, who can then funnel a % of their pay toward bolstering the community in some way.Unlike Bitcoin, Litecoin, and most PoW currencies, BTSX is truly deflationary as transaction fees are destroyed and no more BTSX will be printed. The destruction of transaction fees serves as a means to pay "dividends" to shareholders by increasing the buyer power of remaining BTSX in the system. Most cryptocurrencies are still in the inflationary stage of their distribution model. It is possible that due to its utility and features, along with its truly deflationary model, it could appreciate in value better and faster than other cryptocurrencies.In summary, please consider adding BitsharesX and Bitassets to your exchange for all the benefits they will bring, and the large community that is forming around it. BitSharesX and Bitassets are truly revolutionary ideas that deserve to be traded on the bigger cryptocurrency exchanges, and rise above the "copy and paste coins" and gimmicks that alternative cryptocurrencies have mostly been in the past.Thanks,Your name here.
Can someone peer review this email below? I am going to gather email addresses for all services on the list. Email is about the only thing left to do I can think of, unless someone else has any other ideas.. I would be happy to hear. Subject: Please consider adding BTSX and Bitassets to your exchange.BitsharesX is no clone coin, so please hear me out! BTSX has the first commodity, cryptocurrency, and FIAT decentralized asset exchange, the assets are named Bitassets. The values of the Bitassets are "market pegged" to their true real-life values through trade on a decentralized market. The market peg is held by people taking opposite investment positions on that asset (short or long). The appropriate amount of BTSX is held in collateral to back the Bitassets such as bitUSD, bitBTC, bitCNY, and bitGOLD.Accepting BTSX could expand your original business model beyond cryptocurrencies and into real life commodities. Furthermore, working with decentralized FIAT is much more convenient due to onerous taxes and government policies such as kyc, etc. As of this Wednesday, Bitassets will gain interest from transaction and market fees from each Bitasset. Some estimates have put that interest at about 5% to 10% yearly, and this makes bitUSD a good alternative to a savings account in a bank.Along with the above benefits your customers will enjoy the 15 10 second block confirmations, on the new Delegated Proof of Stake algorithm, which are is as secure as one Bitcoin confirmation. Delegated proof of work stake uses a stake holder's vote to vote in the 101 block producers that alternate turns producing the next block. If a delegate is doing a bad job, or is attacking the network, then they can be voted out of power easily by other stake holders.Unlike Bitcoin, Litecoin, and most PoW currencies, BTSX is truly deflationary as transaction fees are destroyed and no more BTSX will be printed. Most cryptocurrencies are still in the inflationary stage of their distribution model. It is possible that due to its utility and features, along with its truly deflationary model, it could appreciate in value better and faster than other cryptocurrencies.In summary, please consider adding BitsharesX and Bitassets to your exchange for all the benefits they will bring, and the large community that is forming around it. BitsharesX and Bitassets are truly revolutionary ideas that deserve to be traded on the bigger cryptocurrency exchanges, and rise above the "copy and paste coins" and gimmicks that alternative cryptocurrencies have mostly been in the past.Thanks,Your name here.
Can someone peer review this email below? I am going to gather email addresses for all services on the list. Email is about the only thing left to do I can think of, unless someone else has any other ideas.. I would be happy to hear. Subject: Please consider adding BTSX and Bitassets to your exchange.BitsharesX is no clone coin, so please hear me out! BTSX has the first commodity, cryptocurrency, and FIAT decentralized asset exchange, the assets are named Bitassets. The values of the Bitassets are "market pegged" to their true real-life values through trade on a decentralized market. The market peg is held by people taking opposite investment positions on that asset (short or long). The appropriate amount of BTSX is held in collateral to back the Bitassets such as bitUSD, bitBTC, bitCNY, and bitGOLD.Accepting BTSX could expand your original business model beyond cryptocurrencies and into real life commodities. Furthermore, working with decentralized FIAT is much more convenient due to onerous taxes and government policies such as kyc, etc. As of this Wednesday, Bitassets will gain interest from transaction and market fees from each Bitassets. Some estimates have put that interest at about 5% to 10% yearly, and makes bitUSD a good alternative to a savings account in a bank.Along with the above benefits your customers will enjoy the 15 second block confirmations, on the new Delegated Proof of Stake algorithm, which are as secure as one Bitcoin confirmation. Delegated proof of work uses a stake holder's vote to vote in the 101 block producers that alternate turns producing the next block. If a delegate is doing a bad job, or is attacking the network, then they can be voted out of power easily by other stake holders.Unlike Bitcoin, Litecoin, and most PoW currencies, BTSX is truly deflationary as transaction fees are destroyed and no more BTSX will be printed. Most cryptocurrencies are still in the inflationary stage of their distribution model. It is possible that due to its utility and features, along with its truly deflationary model, it could appreciate in value better and faster than other cryptocurrencies.In summary, please consider adding BitsharesX and Bitassets to your exchange for all the benefits they will bring, and the large community that is forming around it. BitsharesX and Bitassets are truly revolutionary ideas that deserve to be traded on the bigger cryptocurrency exchanges, and rise above the "copy and paste coins" and gimmicks that alternative cryptocurrencies have mostly been in the past.Thanks,Your name here.
The COO of Justcoin responded to my inquiry:QuoteThank you for your feedback and interest, Robert.We find BTSX promising and will research it further.Cheers,AugustI responded to him saying myself and the community at large would be glad to help with any research / questions they have. Hopefully they are serious; this would be a great exchange to be listed on!
Thank you for your feedback and interest, Robert.We find BTSX promising and will research it further.Cheers,August
Nice resources, sent out some fb posts / tweets to those entities. I also reached out to Justcoin about researching into BitSharesX / BitAssets to possibly list on their exchange in the future.
Quote from: theFuzz on September 06, 2014, 06:33:12 pmCouldn't we technically bypass gateways, trade on only decentralized exchanges (which we can clone for multiple altcoins) and transact in bitUSD directly? BitSapphire is making an app to enable this...The way I look at it is that we could wait for services to be built around BTSX and bitassets, but while we are waiting it could be beneficial to solicit companies already working in the space that might could implement it faster. I think the more options the better when it comes to payment processors and exchanges anyways.I think getting added to already existing payment processors increases that likelihood a website or service will accept BTSX or bitUSD. You can't just expect them to all drop their current payment processors for one that is newly created that accepts BTSX or bitUSD. Coinpayments.net and Gocoin for instance, already have an extensive network of websites using their shopping cart plugins.The decentralized solutions aren't ideal IMO in that you can't pay a website requesting Bitcoins for their products or services with BTSX or Bitassets.. There is no way to exchange them in a truly decentralized manner. Getting payment gateways on board will be the 3rd step to this campaign. To make it more likely gateways and payment processors will adopt BTSX and Bitassets, I think it is important to get added to a couple more reputable exchanges.
Couldn't we technically bypass gateways, trade on only decentralized exchanges (which we can clone for multiple altcoins) and transact in bitUSD directly? BitSapphire is making an app to enable this...
next steps?
Shortcut to AdditionA coin can be urgently reviewed for addition when the following occurs.A review fee of 5 BTC is paid.We do not require coins taking the urgent route, to be at least 28 days old. Coins scheduled for release are also welcome to take this route.We encourage coins to take the regular path to addition. For those in a hurry, the review fee means we will review your coin – and make a decision within 24 hours. If a positive decision is reached, your coin will be added within 24 hours of the decision being made.Listing fees are not refundable. We do not guarantee addition, but if you meet the requirements for general addition – then there is no reason why you won’t be added.
Payment processors adopting Bitassets will bring them more utility and people can use them for ecommerce, increasing the likelyhood someone would buy Bitassets. Having Ecommerce on the block chain will increase the rate of deflation as transaction fees are destroyed, thus improving the bottom line of BitsharesX. There are several multi coin payment processors and some have a form for submittal or vote. I will list some of the bigger multicoin payment processors. Payment processors with an automatic coin add form or vote are listed below.Coinpayments.netCoinpayments.net is the oldest multicoin payment processor, and they also have a form you can submit to get BitsharesX support. Please go submit BitsharesX and bitassets at the following link:https://www.coinpayments.net/coinreqAdoption by this payment processor could mean the ability to purchase items and services with BTSX and Bitassets from these businesses: https://www.coinpayments.net/store-directoryAltaccept.comPlease fill out the following form with the add new coin message topic and tell them about BTSX and Bitassets:http://www.altaccept.com/?!=contact
related:https://bitsharestalk.org/index.php?topic=6188.msg99803;topicseen#new