This question has been debated endlessly.

From my reading of this debate (which spans many websites), the discussion did not approach anything like a unanimous conclusion, so I don't know what you expect to gain by bringing it up again.

The only way to know is to turn it on. From there, any number of things could go wrong, or none of them could.

Quote from: Simeon II on July 07, 2014, 02:03:44 PM
This thing in particular is known since about 2/28... skipping the XT phase on the other hand was hidden secret until 2 days ago.

calling it 'skippin' is wrong .. it still is the protoDAC .. only difference is that there will not be a snapshot for X but an upgrade ... for investors nothing changes .. for users .. nothing changes .. only thing changed is the name

Quote from: Simeon II on July 07, 2014, 02:03:44 PM

Quote from: cass on July 07, 2014, 01:59:11 PM

Quote from: xeroc on July 03, 2014, 06:53:05 AM

Quote from: bytemaster on July 03, 2014, 12:14:00 AM
The market requires a minimum market depth before any trades occur to prevent the SIDS attack (Sudden Investment Death Syndom) where low volume allows the attacker to control the initial price.   A lot of effort has gone into the design of the initial starting condition which will require a minimum market depth on both sides of the market before trades begin.

Learn sth. new every day [/end of quote]

+5% yup me also :) - and you'll recognice your acquired knowledge when you talk to people outside the inner discussion cirlce ... noticed this a few days before when talked to my friends...holy moly ... it sounded really nerdy ^^

skipping the XT phase on the other hand was hidden secret until 2 days ago.

sounds like this is a problem for you, isn't it?

Quote from: cass on July 07, 2014, 01:59:11 PM

Quote from: xeroc on July 03, 2014, 06:53:05 AM

Quote from: bytemaster on July 03, 2014, 12:14:00 AM
The market requires a minimum market depth before any trades occur to prevent the SIDS attack (Sudden Investment Death Syndom) where low volume allows the attacker to control the initial price.   A lot of effort has gone into the design of the initial starting condition which will require a minimum market depth on both sides of the market before trades begin.

Learn sth. new every day [/end of quote]

+5% yup me also :) - and you'll recognice your acquired knowledge when you talk to people outside the inner discussion cirlce ... noticed this a few days before when talked to my friends...holy moly ... it sounded really nerdy ^^

This thing in particular is known since about 2/28... skipping the XT phase on the other hand was hidden secret until 2 days ago.

Quote from: xeroc on July 03, 2014, 06:53:05 AM

Quote from: bytemaster on July 03, 2014, 12:14:00 AM
The market requires a minimum market depth before any trades occur to prevent the SIDS attack (Sudden Investment Death Syndom) where low volume allows the attacker to control the initial price.   A lot of effort has gone into the design of the initial starting condition which will require a minimum market depth on both sides of the market before trades begin.

Learn sth. new every day [/end of quote]

+5% yup me also :) - and you'll recognice your acquired knowledge when you talk to people outside the inner discussion cirlce ... noticed this a few days before when talked to my friends...holy moly ... it sounded really nerdy ^^ (was a bit scared about)

Thanks everyone for all the explanations.

Quote from: bytemaster on July 03, 2014, 12:14:00 AM
The market requires a minimum market depth before any trades occur to prevent the SIDS attack (Sudden Investment Death Syndom) where low volume allows the attacker to control the initial price.   A lot of effort has gone into the design of the initial starting condition which will require a minimum market depth on both sides of the market before trades begin.

Learn sth. new every day [/end of quote]

The market requires a minimum market depth before any trades occur to prevent the SIDS attack (Sudden Investment Death Syndom) where low volume allows the attacker to control the initial price.   A lot of effort has gone into the design of the initial starting condition which will require a minimum market depth on both sides of the market before trades begin.

Assets are only created once shorts and longs cross. So at the very start there is no asset and the market just says "everyone agrees it's above here or below here". Once an asset is on the market and you think it's undervalued you should buy and hold it.

Why would low volume cause it to be undervalued? Even if people who trade in low volume are biased towards going short asset relative to BTS they would still go long the asset if it is undervalued relative to real-world because they're only shorting expecting BTS to actually work and hence the rest of the market to peg the asset as well

When an asset is first released, for example an asset that is planned to mirror the real time price of a commodity, how will this be affected initially in different trading conditions, for example if trading volumes are low? I might expect (or personally, I mean, have a wild guess) that the asset will more likely than not be undervalued. But I am not sure how the Bitshares X chains are initialized.