BitShares Forum

Main => General Discussion => Topic started by: bitbro on August 19, 2014, 11:09:00 am

Title: General Name for BitSharesX
Post by: bitbro on August 19, 2014, 11:09:00 am
I was reading posts on Truthcoin forum referencing the "tomorrow market" that MIT students are proposing.

This lead me to ask, what is the general market name for BitShares X?  Prediction market doesn't truly fit, or does it? Tomorrow market? Bucket shop? Parallel Market?

If this is a hidden marketing secret, by all means keep it under wraps...


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Title: Re: General Name for BitSharesX
Post by: luckybit on August 19, 2014, 05:12:23 pm
X-treme Market?
New Economy Market?
Pick one.
Title: Re: General Name for BitSharesX
Post by: bitbro on August 19, 2014, 05:32:03 pm
That's what I am proposing to BM and the community, Luckybit, we should "pick one." No need to be short.

I do not think "x-treme" would be a good monicker due to the reference to extreme, which is not an informative adjective. "New economy" is also probably not a good monicker as it is too vague.


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Title: Re: General Name for BitSharesX
Post by: xeroc on August 19, 2014, 05:40:57 pm
New Economy Market?
Taken by a NXT clone ... or close to (they use movement instead of market)

what about
iMarket ... (just kidding)

- MarketX
- TheMarket
- MX ?
Title: Re: General Name for BitSharesX
Post by: tonyk on August 19, 2014, 05:48:34 pm

I suggest -BitShares X.
Title: Re: General Name for BitSharesX
Post by: kripeecakes on August 19, 2014, 05:59:47 pm
Bitworld
New world
Bitmatrix

I like Bitshares ... it connotes and dovetails into the stock market ....
Title: Re: General Name for BitSharesX
Post by: bitbro on August 19, 2014, 06:29:47 pm
Allow me to rephrase; Imagine there are four or five alt-BitSharesx's, what is this class of market called?


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Title: Re: General Name for BitSharesX
Post by: bytemaster on August 19, 2014, 06:32:21 pm
Allow me to rephrase; Imagine there are four or five alt-BitSharesx's, what is this class of market called?


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Not an Exchange... an ExraStrange... err.. no.
Title: Re: General Name for BitSharesX
Post by: bytemaster on August 19, 2014, 06:33:10 pm
Look,
It's a bank...
It's an crypto-currency...
It's SuperBank!

Faster than a speeding bitcoin...
More stable than a lump-o-gold...
Able to fill tall orders in a single match...
Title: Re: General Name for BitSharesX
Post by: Ggozzo on August 19, 2014, 06:43:44 pm

I suggest -BitShares X.

I second this.

Too late to change now.
Title: Re: General Name for BitSharesX
Post by: yellowecho on August 19, 2014, 06:51:09 pm
Allow me to rephrase; Imagine there are four or five alt-BitSharesx's, what is this class of market called?

Equity-backed derivative market?
Though that isn't accurate either as it has several other functions.
Title: Re: General Name for BitSharesX
Post by: tonyk on August 19, 2014, 06:53:23 pm
Allow me to rephrase; Imagine there are four or five alt-BitSharesx's, what is this class of market called?


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DAX - Decentralized Autonomous eXchange (s)
Title: Re: General Name for BitSharesX
Post by: bitbro on August 19, 2014, 07:10:14 pm


I suggest -BitShares X.

I second this.

Too late to change now.

No one has suggested a change.  We are talking about a the name of a class of DAC not the DAC itself


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Title: Re: General Name for BitSharesX
Post by: bitbro on August 19, 2014, 07:11:58 pm

Look,
It's a bank...
It's an crypto-currency...
It's SuperBank!

Faster than a speeding bitcoin...
More stable than a lump-o-gold...
Able to fill tall orders in a single match...

You came up with DAC...

Creating the name for this type of market may be even more important


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Title: Re: General Name for BitSharesX
Post by: BldSwtTrs on August 19, 2014, 07:34:04 pm
Why not Digital Market? It makes everything digital.
Title: Re: General Name for BitSharesX
Post by: Empirical1 on August 19, 2014, 07:35:30 pm
A mirror market?
Title: Re: General Name for BitSharesX
Post by: donkeypong on August 19, 2014, 09:21:02 pm
On a related note, we have the financial center of the world on Wall Street. And then there's Pennsylvania Avenue (White House), K Street (the corrupt heart of Washington DC's lobbyists), and, of course, Main Street. Other countries and cities have their own place names like this, such as Downing Street in the U.K. In every U.S. election, the media is always talking about Wall Street versus Main Street.

This is a new industry, a new paradigm. What street is BitShares on? If I recall, there's a Progress Street in Blacksburg, VA. And an Innovation Drive. And a Ramble....no, we don't want that one. Price Fork Drive is compelling also!

I'd say, metaphorically at least, that BitShares could be on Progress Street. Wall Street's time has come and gone. Welcome to Progress Street. Other thoughts welcomed.
Title: Re: General Name for BitSharesX
Post by: bytemaster on August 19, 2014, 09:28:23 pm
On a related note, we have the financial center of the world on Wall Street. And then there's Pennsylvania Avenue (White House), K Street (the corrupt heart of Washington DC's lobbyists), and, of course, Main Street. Other countries and cities have their own place names like this, such as Downing Street in the U.K. In every U.S. election, the media is always talking about Wall Street versus Main Street.

This is a new industry, a new paradigm. What street is BitShares on? If I recall, there's a Progress Street in Blacksburg, VA. And an Innovation Drive. And a Ramble....no, we don't want that one. Price Fork Drive is compelling also!

I'd say, metaphorically at least, that BitShares could be on Progress Street. Wall Street's time has come and gone. Welcome to Progress Street. Other thoughts welcomed.

Why do I get a walgreens commercial in my head?  At the corner of Progress & Innovation?

https://www.youtube.com/watch?v=7BhYhyAaxrs
Title: Re: General Name for BitSharesX
Post by: Stan on August 19, 2014, 10:20:50 pm
On a related note, we have the financial center of the world on Wall Street. And then there's Pennsylvania Avenue (White House), K Street (the corrupt heart of Washington DC's lobbyists), and, of course, Main Street. Other countries and cities have their own place names like this, such as Downing Street in the U.K. In every U.S. election, the media is always talking about Wall Street versus Main Street.

This is a new industry, a new paradigm. What street is BitShares on? If I recall, there's a Progress Street in Blacksburg, VA. And an Innovation Drive. And a Ramble....no, we don't want that one. Price Fork Drive is compelling also!

I'd say, metaphorically at least, that BitShares could be on Progress Street. Wall Street's time has come and gone. Welcome to Progress Street. Other thoughts welcomed.

Easy Street?  :)
Title: Re: General Name for BitSharesX
Post by: kripeecakes on August 20, 2014, 12:51:53 am
An alt-class ..... hmmmm


BitStrings .....

Stringbits ...

ETFbit ...

Instead of Spiders .... how about Byters ?



Bitnexus ...

Nexushares .....

Equibit-Shares

Wealthbit shares

Title: Re: General Name for BitSharesX
Post by: luckybit on August 20, 2014, 01:16:00 am
New Economy Market?
Taken by a NXT clone ... or close to (they use movement instead of market)

what about
iMarket ... (just kidding)

- MarketX
- TheMarket
- MX ?

New Economy Movement is the NXT clone but New Economy Market isn't such a bad idea. It would identify with the New Economy Movement as a community.

The point is if you're trying to get people to adapt a name it might be better to be similar to what people already accept. Bitcoin, Bitshares. Bitcoin, Litecoin.
Title: Re: General Name for BitSharesX
Post by: toast on August 20, 2014, 01:28:31 am
I think you guys missed the point of this thread.

OP is asking "what do we call the special prediction market / polymorphic digital asset" concept. It's not a traditional prediction market, it's not a "tomorrow market", and "BitSharesX" is the product name.

What is the mechanism called?
Title: Re: General Name for BitSharesX
Post by: kripeecakes on August 20, 2014, 01:40:41 am
I think you guys missed the point of this thread.

OP is asking "what do we call the special prediction market / polymorphic digital asset" concept. It's not a traditional prediction market, it's not a "tomorrow market", and "BitSharesX" is the product name.

What is the mechanism called?

Some kind of digital vortex scaling wrap .... it wraps around all legacy systems and funnels capital out of  paper debt based fiat financialization and into a sustain digital asset class that stores economic energy ...

"Digital EE scaling"
Title: Re: General Name for BitSharesX
Post by: tonyk on August 20, 2014, 01:50:00 am
I think you guys missed the point of this thread.

OP is asking "what do we call the special prediction market / polymorphic digital asset" concept. It's not a traditional prediction market, it's not a "tomorrow market", and "BitSharesX" is the product name.

What is the mechanism called?

...Beautiful Exchanges....
Title: Re: General Name for BitSharesX
Post by: toast on August 20, 2014, 01:52:27 am
I think you guys missed the point of this thread.

OP is asking "what do we call the special prediction market / polymorphic digital asset" concept. It's not a traditional prediction market, it's not a "tomorrow market", and "BitSharesX" is the product name.

What is the mechanism called?

Some kind of digital vortex scaling wrap .... it wraps around all legacy systems and funnels capital out of  paper debt based fiat financialization and into a sustain digital asset class that stores economic energy ...

"Digital EE scaling"

You're still talking about what it is and not about how it works
Title: Re: General Name for BitSharesX
Post by: toast on August 20, 2014, 01:52:52 am
A mirror market?

^^ this guy gets it even though I think it's not the best name
Title: Re: General Name for BitSharesX
Post by: Ggozzo on August 20, 2014, 01:54:00 am
I think you guys missed the point of this thread.

OP is asking "what do we call the special prediction market / polymorphic digital asset" concept. It's not a traditional prediction market, it's not a "tomorrow market", and "BitSharesX" is the product name.

What is the mechanism called?

Interchain Market (like interbank)
Title: Re: General Name for BitSharesX
Post by: Ggozzo on August 20, 2014, 01:55:30 am
OTC - Over-the-Chain Market
Title: Re: General Name for BitSharesX
Post by: tonyk on August 20, 2014, 01:59:31 am
I think you guys missed the point of this thread.

OP is asking "what do we call the special prediction market / polymorphic digital asset" concept. It's not a traditional prediction market, it's not a "tomorrow market", and "BitSharesX" is the product name.

What is the mechanism called?

...Beautiful Exchanges....

If you do not get it => nobody will => it is a bad idea...
Title: Re: General Name for BitSharesX
Post by: bitbro on August 20, 2014, 02:01:34 am
It's less the point of what it is, and more the point of what it's about. Ie The stock market is about stocks; the bond market is about bonds; the futures market is about futures, derivatives, options; the forex market is about currencies.

Is the BitSharesX market about BitAssets?  Should it be called a BitAsset Market?


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Title: Re: General Name for BitSharesX
Post by: Ggozzo on August 20, 2014, 02:10:50 am
Reconciliation Market
Title: Re: General Name for BitSharesX
Post by: Empirical1 on August 20, 2014, 02:15:47 am
It's less the point of what it is, and more the point of what it's about. Ie The stock market is about stocks; the bond market is about bonds; the futures market is about futures, derivatives, options; the forex market is about currencies.

Is the BitSharesX market about BitAssets?  Should it be called a BitAsset Market?


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On the same theme as mirror, I've got 'chameleon market'

But yes, I think the most likely outcome is just 'A BitAsset Market'
& just like you have to learn what a stock/bond is you have to learn what a BitAsset is.

Title: Re: General Name for BitSharesX
Post by: bitbro on August 20, 2014, 02:18:15 am
Mirror market feels like a good,  analogous, alliteration


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Title: Re: General Name for BitSharesX
Post by: tonyk on August 20, 2014, 02:30:10 am
Mirror market feels like a good,  analogous, alliteration


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I am scared of mirrors....or just the thing that I see when I look into one....
Title: Re: General Name for BitSharesX
Post by: bitmarket on August 20, 2014, 03:44:58 am
BitsharesX is a DAX.

Decentralized Autonomous Exchange.

or a DAM.

Decentralized Autonomous Market.

I prefer DAX
Title: Re: General Name for BitSharesX
Post by: toast on August 20, 2014, 04:32:52 am
^^ but so is counterparty.

What is the mechanism that enables bitassets in particular called?

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Title: Re: General Name for BitSharesX
Post by: tonyk on August 20, 2014, 04:44:07 am
^^ but so is counterparty.

What is the mechanism that enables bitassets in particular called?

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Do you want me to insist on 'Beautiful Markets' or do you want go a step back and call them 'Nash Markets'?
Title: Re: General Name for BitSharesX
Post by: Pheonike on August 20, 2014, 07:18:54 am
How about

 Bitshares Asset Matrix (AM)
Title: Re: General Name for BitSharesX
Post by: bobmaloney on August 20, 2014, 07:32:42 am
Decentralized Autonomous Polymorphic Digital Asset Exchange, Prediction Market and Clearinghouse doesn't exactly roll off the tongue.

Title: Re: General Name for BitSharesX
Post by: 天籁 on August 20, 2014, 07:35:36 am
Single Market,Uniform Market or  Union Market
Title: Re: General Name for BitSharesX
Post by: fuzzy on August 20, 2014, 07:47:50 am
^^ but so is counterparty.

What is the mechanism that enables bitassets in particular called?

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Do you want me to insist on 'Beautiful Markets' or do you want go a step back and call them 'Nash Markets'?

Well...."NashMarket" has a certain ring to it.  I always thought of bitsharesx as being able to be forked by multiple other coins, essentially enabling the creation of many BitShares based exchanges that provide value to their own native token and the tokens of those who invested in the toolkit's construction--for instance:  Primecoin could have PrimeSharesX (X=exchange), Litecoin could have LiteSharesX, Darkcoin could have DarkSharesX...etc, and each of their market pegs could reinforce the market pegs on other exchanges.  For this reason, I think bitsharesx is perfect.
Title: Re: General Name for BitSharesX
Post by: liondani on August 20, 2014, 12:26:23 pm
Decentralized Collateral based bitAssets
Title: Re: General Name for BitSharesX
Post by: bitbro on August 20, 2014, 01:03:53 pm
It's either a BitAssets Market, BitExchange BitBank or Mirror Market.  Maybe there are others.  I am surprised how little people understood this exercise


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Title: Re: General Name for BitSharesX
Post by: liondani on August 20, 2014, 02:47:17 pm
Did you ever wanted to kick Rothchilds butt? Now you can!
Title: Re: General Name for BitSharesX
Post by: NewMine on August 20, 2014, 03:07:31 pm
You will eventually get Ass. Market from the trolls if you let it have bitAsset and Market in the name. 

So far, most the names proposed are horrible.  :(

Mirror Market? What are you mirroring? Sounds second rate, like it beyond the secondary market.

DAX sounds like you are saying DAC's, so no. Anything with matrix, digital, or polymorphic sounds like techno babble.

Prediction is a word that needs to be in the definition of the name, not the name itself.
Title: Re: General Name for BitSharesX
Post by: betax on August 20, 2014, 03:26:29 pm
Decentralized digital (bitAsset) exchange and derivative market (and more ! )
Title: Re: General Name for BitSharesX
Post by: liondani on August 21, 2014, 01:49:55 am
Outside the "box" market
Title: Re: General Name for BitSharesX
Post by: oldman on August 21, 2014, 11:13:43 am
Cryptographic Derivative Assets (CDAs) that are traded in a Cryptographic Derivative Market (CDM).

Perhaps known colloquially as crypto-derivatives (CDs).
Title: Re: General Name for BitSharesX
Post by: Riverhead on August 21, 2014, 11:37:59 am
Cryptographic Derivative Assets (CDAs) that are traded in a Cryptographic Derivative Market (CDM).

Perhaps known colloquially as crypto-derivatives (CDs).


I like this. CD's is easy to say and remember. In some countries they are, "Certified Deposits" or "Certificates of Deposit" but you can't expect too much exclusivity with a two character acronym.


As for a catchy name for the exchange what about Xbit? "Volume on Xbit rose today on news that Dell would begin accepting bitUSD as payment". "In other news xBit has now become The place to participate in crypto-asset trading".



Title: Re: General Name for BitSharesX
Post by: liondani on August 21, 2014, 11:50:52 am
Cryptographic Derivative Assets (CDAs) that are traded in a Cryptographic Derivative Market (CDM).

Perhaps known colloquially as crypto-derivatives (CDs).


I like this. CD's is easy to say and remember. In some countries they are, "Certified Deposits" or "Certificates of Deposit" but you can't expect too much exclusivity with a two character acronym.


As for a catchy name for the exchange what about Xbit? "Volume on Xbit rose today on news that Dell would begin accepting bitUSD as payment". "In other news xBit has now become The place to participate in crypto-asset trading".


or bitX...


where X=variable=  usd,eur,cny,gold,silver, whatever, etc.
Title: Re: General Name for BitSharesX
Post by: Riverhead on August 21, 2014, 11:54:24 am
Yes....BitX


Would fit nicely in the upper right corner of the client as well.


Edit: Doh. https://bitx.co.za/




Title: Re: General Name for BitSharesX
Post by: lucky331 on August 21, 2014, 11:57:09 am
Cryptographic Derivative Assets (CDAs) that are traded in a Cryptographic Derivative Market (CDM).

Perhaps known colloquially as crypto-derivatives (CDs).


I like this. CD's is easy to say and remember. In some countries they are, "Certified Deposits" or "Certificates of Deposit" but you can't expect too much exclusivity with a two character acronym.


As for a catchy name for the exchange what about Xbit? "Volume on Xbit rose today on news that Dell would begin accepting bitUSD as payment". "In other news xBit has now become The place to participate in crypto-asset trading".


or bitX...


where X=variable=  usd,eur,cny,gold,silver, whatever, etc.

that sounds really good actually.

feels like..

(http://images.sequart.org/images/weapon-x1.jpg)

...  die banksters!
Title: Re: General Name for BitSharesX
Post by: betax on August 21, 2014, 12:36:01 pm
Cryptographic Derivative Assets (CDAs) that are traded in a Cryptographic Derivative Market (CDM).

Perhaps known colloquially as crypto-derivatives (CDs).

 +5% I really like this
Title: Re: General Name for BitSharesX
Post by: Riverhead on August 21, 2014, 12:43:04 pm
Cryptographic Derivative Assets (CDAs) that are traded in a Cryptographic Derivative Market (CDM).

Perhaps known colloquially as crypto-derivatives (CDs).


Even if this doesn't get officially adopted this is how I'm going to explain to people how I made my millions (because otherwise they wouldn't be asking me about it haha).
Title: Re: General Name for BitSharesX
Post by: oldman on August 21, 2014, 02:06:00 pm
The BITEX (bitEX, BitEX, BitEx) is a decentralized global electronic marketplace for buying and selling cryptographic derivative assets, known as CDAs or cryptives.

Title: Re: General Name for BitSharesX
Post by: Riverhead on August 21, 2014, 05:09:00 pm
cryptives.


I see what you did there.... :)
Title: Re: General Name for BitSharesX
Post by: HulkHo on March 08, 2018, 05:36:22 pm
hahah, probably that was a "cryptoprimitives".