1036
Technical Support / Re: What are the difference(s) between "normal" assets and user assets?
« on: February 25, 2015, 08:36:44 pm »
Most interesting! Thanks a bunch, it finally makes sense to me!
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1037
General Discussion / Re: BullionVault and the logical case for a bitSILVER / bitGOLD gateway
« on: February 25, 2015, 08:30:28 pm »It.. looks like a women's clothing storeHa, gentso1 said that was just place holder until the dev puts the actual content in place. The idea is to be able to off ramp with bitSilver by having physical silver drop shipped in exchange for it.
This then is not the same model as BullionVault? I am under the impression that they store the metals themselves.
1038
Technical Support / Re: What are the difference(s) between "normal" assets and user assets?
« on: February 25, 2015, 08:27:58 pm »
My bad, the language I chose was ambiguous.
I meant to ask where to bitGOLD, bitSILVER etc come from, in the sense of what's stopping anyone from adding bitDRK or bitDOGE. Are bitGOLD, bitSILVER, bitBTC (and so on) built-in somehow, and can new ones be added?
I am assuming the answer (to the 2nd question) is yes -- it's the how that perplexes me!
I meant to ask where to bitGOLD, bitSILVER etc come from, in the sense of what's stopping anyone from adding bitDRK or bitDOGE. Are bitGOLD, bitSILVER, bitBTC (and so on) built-in somehow, and can new ones be added?
I am assuming the answer (to the 2nd question) is yes -- it's the how that perplexes me!
1039
Technical Support / Re: What are the difference(s) between "normal" assets and user assets?
« on: February 25, 2015, 07:44:03 pm »Normal is about as vague as you can get
There are three types of tokens:
1) BTS (native currency limited in supply; like bitcoins in Bitcoin)
2) User issued assets https://www.youtube.com/watch?v=yzruOULgmng. Also known as colored coins in the wider cypto world. There is a centralized issuer that promises to guarantee the value of the user issued asset. Anyone can create a user issued asset for a little fee.
3) Bitassets = market pegged assets. http://bytemaster.bitshares.org/article/2014/12/18/What-are-BitShares-Market-Pegged-Assets/ Those have no centralized issuer. The have the form Bitxxxx.
Yes, hence "normal" in quotes
I'll try to remember "market pegged assets".So, ok, there is no central issuer... but bitGOLD etc came from somewhere, can new ones be created in the same way?
1040
General Discussion / Integrating bitassets payments on websites
« on: February 25, 2015, 07:38:25 pm »
Just wondering, is/has anyone worked on this? Do we have a solution to easily integrate "Pay with bitBLABLA" with websites (a la bitpay, I suppose)
If the answer is negative, is there a demand?
If the answer is negative, is there a demand?
1041
General Discussion / Re: BullionVault and the logical case for a bitSILVER / bitGOLD gateway
« on: February 25, 2015, 07:35:35 pm »
It.. looks like a women's clothing store 
1042
General Discussion / BullionVault and the logical case for a bitSILVER / bitGOLD gateway
« on: February 25, 2015, 07:28:52 pm »
What do you think? In my mind it's a perfect marriage, and it could bring bitshares bigtime publicity if done/coordinated properly.
Am I missing something obvious here? We have bitSILVER and bitGOLD. They buy and sell silver and gold.
Why not buy and sell silver and gold with the respective bitassets, directly?
Am I missing something obvious here? We have bitSILVER and bitGOLD. They buy and sell silver and gold.
Why not buy and sell silver and gold with the respective bitassets, directly?
1043
Technical Support / Re: To all newbies: What brought you here?
« on: February 25, 2015, 07:11:55 pm »
1) Research.
2) Wanting to learn more:)
Most juicy features for me are hedging and interest. If it all works as expected, it's a pretty good partial & viable alternative to a normal bank account. I could see myself getting paid in bitassets!
2) Wanting to learn more:)
Most juicy features for me are hedging and interest. If it all works as expected, it's a pretty good partial & viable alternative to a normal bank account. I could see myself getting paid in bitassets!
1044
Technical Support / What are the difference(s) between "normal" assets and user assets?
« on: February 25, 2015, 07:06:03 pm »
And how can more "normal" assets be added -- am I right to assume that bitDOGE or bitDRK belong to 'normal assets' next to bitBTC, and not to user created assets?
1045
General Discussion / Re: bitEUR volume
« on: February 25, 2015, 07:01:28 pm »
Isn't silver/gold's value expressed in fiat?
What would happen to the bitGOLD being held if the price dropped from $1300 to $300 ? Doesn't one get the equivalent of $300 at that point in time back in BTS?
My understanding might be severely flawed here..
What would happen to the bitGOLD being held if the price dropped from $1300 to $300 ? Doesn't one get the equivalent of $300 at that point in time back in BTS?
My understanding might be severely flawed here..
1046
General Discussion / Re: Where can I buy BitUSD with actual dollars?
« on: February 25, 2015, 06:52:10 pm »
Just making sure this info is current... there's (still) no exchange where one can get bit$CUR for EUR/CNY/USD/whathaveyou ?
1047
General Discussion / Re: I think Dogecoin is about to have a large rise
« on: February 25, 2015, 06:47:50 pm »Warning: Get out of Doge if youre in it, imo. BTS is very cheap rightnow and DOGE looks dangerous to me. The previous moving average crossover didnt result in anything and now they crossed again to the downside.
Au contraire, DOGE's been pretty stable amidst the chaos. We'll see how it goes, but I do think it'll remain so at least for the foreseeable future!
1048
General Discussion / Re: bitEUR volume
« on: February 25, 2015, 06:47:06 pm »Atm bitassets are mostly used for hedging and since the USD to EUR exchange rate is relatively stable (in crypto terms) traders will just go to whatever fiat biasset has the most liquidity.
That's what I feared.
Perhaps it's for the best for now, in terms of visibility. Same argument could be made about bitCNY/bitUSD, though..
1049
General Discussion / Re: I think Dogecoin is about to have a large rise
« on: February 25, 2015, 06:38:59 pm »Warning: Get out of Doge if youre in it, imo. BTS is very cheap rightnow and DOGE looks dangerous to me. The previous moving average crossover didnt result in anything and now they crossed again to the downside.
It's been pretty stable actually. I think it's unlikely that it'll change in the near future.
1050
General Discussion / Re: price from 5100sats to 4470sats and what IMPACT accordingly
« on: February 25, 2015, 06:37:37 pm »
bump
