I would hold off on the video until the new system is rolled out.

Quote from: Riverhead on October 15, 2014, 04:03:24 PM

Quote from: bluebit on October 15, 2014, 03:58:19 PM
This is fantastic!!! Would be cool to see the yield/interest number that can be earned in the BTSX wallet next to each asset

I would be surprised if this wasn't going to be in the new client cass is working on. I also wouldn't be surprised if SVK has the graphs on his website ( http://bitsharesblocks.com/home ) soon after.

whoa, nice  +5%  :D

Quote from: Riverhead on October 15, 2014, 04:03:24 PM

Quote from: bluebit on October 15, 2014, 03:58:19 PM
This is fantastic!!! Would be cool to see the yield/interest number that can be earned in the BTSX wallet next to each asset

I would be surprised if this wasn't going to be in the new client cass is working on. I also wouldn't be surprised if SVK has the graphs on his website ( http://bitsharesblocks.com/home ) soon after.

Very cool, looks like the new asset EUR is going to be created soon :)

Quote from: bluebit on October 15, 2014, 03:58:19 PM
This is fantastic!!! Would be cool to see the yield/interest number that can be earned in the BTSX wallet next to each asset

I would be surprised if this wasn't going to be in the new client cass is working on. I also wouldn't be surprised if SVK has the graphs on his website ( http://bitsharesblocks.com/home ) soon after.

This is fantastic!!! Would be cool to see the yield/interest number that can be earned in the BTSX wallet next to each asset

Quote from: Riverhead on October 15, 2014, 03:41:57 PM

Quote from: bluebit on October 15, 2014, 03:15:23 PM
So you can earn interest if you hold bitUSD?

This is one of BitSharesX's biggest features!

The exchange is not paying for rent, an HR department, health plans for employees, and all the other stuff that goes into running a traditional company. The fees collected from transactions can be paid back to the holders of the asset as a yield.

And if there are more transactions the yield will be higher. So more BitshareX is used the more yield you potentially earn, also it should be noted that the yield it is not the same for all the bitAssets

Quote from: bluebit on October 15, 2014, 03:15:23 PM
So you can earn interest if you hold bitUSD?

ha .. that's not even the awesome thing .. but figure this out:

YOU CAN GET A YIELD (INTEREST) on BITGLD!!! TOO ..

every asset has it's own interest rate though ..

Quote from: bluebit on October 15, 2014, 03:15:23 PM
So you can earn interest if you hold bitUSD?

This is one of BitSharesX's biggest features!

The exchange is not paying for rent, an HR department, health plans for employees, and all the other stuff that goes into running a traditional company.

Most importantly DPOS is much much cheaper than POW. Those savings go right into your pocket instead of the Miner's.

The fees collected from transactions can be paid back to the holders of the asset as a yield.

Quote from: bluebit on October 15, 2014, 03:15:23 PM
So you can earn interest if you hold bitUSD?

I believe it's called 'yield' in BTSX. But yes my understanding is it's currently 1.5% per annum for BitUSD. (As shown by Xerocs calculation above.)

However they're making a few changes to how shorts compete that will make the yield higher than that. How much, I don't know.

So you can earn interest if you hold bitUSD?

Quote from: bitmarket on October 15, 2014, 09:20:45 AM
It takes about $70,000 to earn that same penny in my bricks and mortar accounts.

Yeah that would make a cool video. I might wait though, the new system will have shorts competing on yield so it should be even higher than the 1.5% your last video referenced.

Quote from: bitmarket on October 15, 2014, 02:21:35 PM
Can I get details on how often interest is paid and what the current rate is for the video?

1) .. the "interest" is called YIELD!
2) it is payed EVERY f*** time you transfer your bitAsset from A to B (unless it is younger than 24h)
3) the reserve fund gives a hint about the yield payed and can be viewed by "blockchain_get_asset USD" (AFAIR)

Read more here:
https://bitsharestalk.org/index.php?topic=8396.msg109508#msg109508 (outdated)
https://bitsharestalk.org/index.php?topic=8520.0

TOTAL_ACCUMULATED_FEES == reserve fund .. for each individual asset ..

Quote
delegate (unlocked) >>> blockchain_get_asset USD
{
  "id": 22,
  "symbol": "USD",
  "name": "United States Dollar",
  "description": "1 United States dollar",
  "public_data": "",
  "issuer_account_id": -2,
  "precision": 10000,
  "registration_date": "20140719T000000",
  "last_update": "20140719T000000",
  "current_share_supply": 3637490665,
  "maximum_share_supply": 1000000000000000,
  "collected_fees": 54497548
}

> 54497548/3637490665*100
ans =  1.4982 %


// edit: CNY:
octave:1> 96770574/3492426921*100
ans =  2.7709

Can I get details on how often interest is paid and what the current rate is for the video?

Quote from: bitmarket on October 15, 2014, 09:22:17 AM
I can make a cool video on this.

Is there a resource that shows the interest rate on bitUSD?

+5%

Quote from: bitmarket on October 15, 2014, 09:22:17 AM
I can make a cool video on this.

Is there a resource that shows the interest rate on bitUSD?

+5% +5% +5%

Boom is all I got to say.