BitShares Forum

Main => General Discussion => Topic started by: bitcoinerS on August 28, 2014, 07:21:11 am

Title: Listing BitAGS on BitShares X?
Post by: bitcoinerS on August 28, 2014, 07:21:11 am

Even though AGS are not transferable, we could still trade a BitAsset that is pegged to it's value. How about listing BitAGS?

Title: Re: Listing AGS on BitShares X?
Post by: JA on August 28, 2014, 07:30:18 am

Quote from: bitcoinerS on August 28, 2014, 07:21:11 am

Even though AGS are not transferable, we could still trade a BitAsset that is pegged to it's value. How about listing AGS?

If so the bitags would have to be honored and the suplly of AGS would increase which i think is not a good idea.
It would only make sense if AGS where liquid.

Or am i wrong ?

Title: Re: Listing AGS on BitShares X?
Post by: bitcoinerS on August 28, 2014, 07:38:06 am

BitAGS would track AGS value, but AGS would not have to change owner, same as with other BitAssets.

Title: Re: Listing BitAGS on BitShares X?
Post by: xeroc on August 28, 2014, 07:53:45 am

Hm .. how can bitAGS HAVE VALUE when you cannot change owner (aka, trade)

Title: Re: Listing BitAGS on BitShares X?
Post by: bitcoinerS on August 28, 2014, 08:04:46 am

Quote from: xeroc on August 28, 2014, 07:53:45 am

Hm .. how can bitAGS HAVE VALUE when you cannot change owner (aka, trade)

AGS has nearly same expected return as PTS, so despite not being tradable itself, its value can be estimated.