BitShares Forum

Main => General Discussion => Topic started by: luckybit on October 23, 2015, 01:01:02 pm

Title: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: luckybit on October 23, 2015, 01:01:02 pm
Two methods which could bring in whales. The ability to borrow through the bond market, and crowd sales. Bitshares is capability of doing both.

This means in a crowd sale in theory an individual would be able to borrow Bitcoins to invest in the crowd sale. If after the crowd sale the price is higher then they can take their profit, pay off their debt, etc.

How far away are we from these sorts of usage patterns? How far way is the bond market from implementation? Do the bonds pay interest? If they pay interest wouldn't that be reason enough to hold lots of Bitshares?

https://www.youtube.com/watch?v=Yr8QP3NtbT4
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: luckybit on October 23, 2015, 01:07:55 pm
The bond market also would appeal to developing countries. We can lend to people globally from rich countries to poor countries where the loan actually make a difference.

Lifetime membership is $100 give or take? We should be able to give lifetime membership as a gift or perhaps loan lifetime membership to others. Is this possible?
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: BTSdac on October 23, 2015, 04:20:26 pm
yes I think so ,bond market also can supply many fee
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: speedy on October 23, 2015, 05:02:20 pm
+5%

Is the bond market eta 3 to 6 months?
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: Akado on October 24, 2015, 01:39:41 am
+5%

Is the bond market eta 3 to 6 months?

Would like to know this as well.  +5%
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: liondani on October 24, 2015, 02:09:11 am
Lifetime membership is $100 give or take? We should be able to give lifetime membership as a gift or perhaps loan lifetime membership to others. Is this possible?

Maybe better the annual membership?
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: DestBest on October 24, 2015, 09:40:24 am
+5%

Is the bond market eta 3 to 6 months?

Would like to know this as well.  +5%
^--- This +5%

Got a french guy wondering about it as well on our forum ??? What should I say?

Would be nice to have the PRIORITY LIST published and updated publicly, I think it would allow smoother synchronization inside the community. What do you think?
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: monsterer on October 24, 2015, 10:38:34 am
Take a look at my (largely ignored) thread where I propose a new MPA design with the bond market as the key: https://bitsharestalk.org/index.php/topic,19249.0.html
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: mike623317 on October 24, 2015, 05:36:23 pm
@bytemaster .. Are you planning to implement the bond market before Christmas?
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: Akado on October 24, 2015, 05:47:59 pm
Thanks for sharing monsterer

@bytemaster .. Are you planning to implement the bond market before Christmas?

I would expect the next month or 2 in fixing bugs and getting a better UI maybe and then bond market being one of the first worker proposals after. It doesn't mean the bond market couldn't be built while bugs are fixed but personally I would expect it by January or Feb. If it seems like a large time frame, well, there are always a few problems we are not expecting to appear so.. Still, I don't know how hard it would be to implement it, it might be a shorter or longer time, I'm expecting it to be on before February
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: luckybit on October 25, 2015, 01:27:50 pm
@bytemaster .. Are you planning to implement the bond market before Christmas?

It seems the bond market is something we all want before Christmas. I imagine people could get loans and buy gifts.
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: Akado on October 25, 2015, 02:07:57 pm
@bytemaster .. Are you planning to implement the bond market before Christmas?

It seems the bond market is something we all want before Christmas. I imagine people could get loans and buy gifts.

Would surpass my expectations if we had it by then. Really excited about this being implemented. Assuming we have one working fine by the beginning of the year, during bitcoins halving we could have a big increase in volume, will be interesting to see
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: tonyk on October 25, 2015, 02:21:50 pm
Question for all of you "Bring the bond market" fanboys.

Anybody has  discovered  a  sensible working bond market solution? I am not aware of such , can you share a link?
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: monsterer on October 25, 2015, 02:30:59 pm
Question for all of you "Bring the bond market" fanboys.

Anybody has  discovered  a  sensible working bond market solution? I am not aware of such , can you share a link?

Take a look at this small proposal: https://bitsharestalk.org/index.php/topic,19249.0.html

Your input is appreciated :)
Title: Re: The Bitshares Bond Market could be the ultimate feature to bring liquidity.
Post by: Akado on November 15, 2015, 06:09:14 pm
So, isn't anyone else interested in this? What could possibly attract more people than receiving interest on their own money? Plus it's' a decentralized platform, it would be way safer than exchanges.

Has anyone from CNX talked to their business partners about the possibility of building this and its potential? What was their opinion? I think the sole reason why Poloniex has so much of the altcoin volume is simply because of this single feature. it allows people to receive interest while others take the risk.

This way, liquidity wouldn't be ''locked''. People who don't want to take the risk of trading could earn while providing liquidity and attracting more traders. it's a win-win situation. Imagine - assuming it's feasible, that you could choose to lend to shorts or longs. It could be nice to choose and people could pick the side offering higher interest rates. It would be a bidding war! Not to mention every other exchange joining OpenLedger could use this for marketing purposes as well, taking away Polo's market share to us.