My bad, for some reason I thought it was a discussion about what asset names to reserve. But didn't realize it's only BitAssets. Thanks for clarification.

Quote from: crabbypattie on July 09, 2014, 05:11:37 PM
Invictus honored PTS which is liquid. This is now silly, or I don't understand legal well enough.

Either way. I've been pushing for AGS being liquid, mostly because I don't like the idea of entering the same private key in all the programs that come out.

It's fine if AGS is made liquid, that is a separate discussoin as AGS cannot be a bitasset.

Can we get back on track?

Invictus honored PTS which is liquid. This is now silly, or I don't understand legal well enough.

Either way. I've been pushing for AGS being liquid, mostly because I don't like the idea of entering the same private key in all the programs that come out.

It adjusts based on average trx fee. If people keep doing these expensive operations it gets pushed up.

We will take a look at it to make sure it is not so crazy.

Quote from: toast on July 09, 2014, 04:43:39 PM
This is for BITassets and NOT normal user-issued assets. AGS cannot be a bitasset (market-pegged asset)...

Someone could make "AGS" if they wanted but it would have to be a normal user-issued asset.

what is the cost to create a asset in this test chain? It seems like need more than 85M xts for creating my own asset. it is insane...............

This is for BITassets and NOT normal user-issued assets. AGS cannot be a bitasset (market-pegged asset)...

Someone could make "AGS" if they wanted but it would have to be a normal user-issued asset.

Quote from: crabbypattie on July 09, 2014, 07:04:59 AM
Make sure you do AGS as per my post here: https://bitsharestalk.org/index.php?topic=5526.msg73880

Seriously - this would be awesome if we made AGS liquid using BTSX.

I love the idea of making AGS liquid. But I'm not sure I'd support doing so through BitShares X or (for legal reasons) asking Invictus to take any role in that. I think an independent effort to create an AGS-linked coin would be best. Once PTS is reformed with the DPOS included, couldn't someone just copy that and airdrop to AGS holders? Of course, it could have some other twists to it as well, not just a vehicle to dump AGS value, but perhaps linked to a DAC or charity.

EDIT: Let me add that AGS should have a ton of value even without being liquid. I trust that DACs will follow the social consensus and air-drop to AGS donors. AGS donors should be quite happy with this value, whether or not it is made liquid at some point in the future.

Make sure you do AGS as per my post here: https://bitsharestalk.org/index.php?topic=5526.msg73880

Seriously - this would be awesome if we made AGS liquid using BTSX.

I can recommend scrolling through the git repo:
https://raw.githubusercontent.com/BitShares/bitshares_toolkit/master/libraries/blockchain/genesis.json

{
    "timestamp" : "20140707T000000",
    "market_assets": [
        {
            "symbol": "PTS",
            "name": "BitShares PTS"
            "description": "1 PTS"
            "precision": 100000000
        },
        {
            "symbol": "PPC",
            "name": "Peercoin"
            "description": "1 peercoin"
            "precision": 100000000
        },
        {
            "symbol": "LTC",
            "name": "Litecoin"
            "description": "1 litecoin"
            "precision": 100000000
        },
        {
            "symbol": "BTC",
            "name": "Bitcoin",
            "description": "1 bitcoin",
            "precision": 100000000
        },
        {
            "symbol": "WTI",
            "name": "Light Sweet Crude Oil",
            "description": "1 barrel light sweet crude oil",
            "precision": 10000
        },
        {
            "symbol": "SLV",
            "name": "Silver",
            "description": "1 troy ounce .999 fine silver",
            "precision": 10000
        },
        {
            "symbol": "GLD",
            "name": "Gold",
            "description": "1 troy ounce .999 fine gold",
            "precision": 1000000
        },
        {
            "symbol": "TRY",
            "name": "Turkish Lira",
            "description": "1 Turkish lira",
            "precision": 10000
        },
        {
            "symbol": "SGD",
            "name": "Singapore Dollar"
            "description": "1 Singapore dollar",
            "precision": 10000
        },
        {
            "symbol": "HKD",
            "name": "Hong Kong Dollar"
            "description": "1 Hong Kong dollar",
            "precision": 10000
        },
        {
            "symbol": "RUB",
            "name": "Russian Ruble"
            "description": "1 Russian ruble",
            "precision": 10000
        },
        {
            "symbol": "SEK",
            "name": "Swedish Krona"
            "description": "1 Swedish krona",
            "precision": 10000
        },
        {
            "symbol": "NZD",
            "name": "New Zealand Dollar"
            "description": "1 New Zealand dollar",
            "precision": 10000
        },
        {
            "symbol": "CNY",
            "name": "Chinese Yuan"
            "description": "1 Chinese yuan",
            "precision": 10000
        },
        {
            "symbol": "MXN",
            "name": "Mexican Peso"
            "description": "1 Mexican peso",
            "precision": 10000
        },
        {
            "symbol": "CAD",
            "name": "Canadian Dollar",
            "description": "1 Canadian dollar",
            "precision": 10000
        },
        {
            "symbol": "CHF",
            "name": "Swiss Franc",
            "description": "1 Swiss franc",
            "precision": 10000
        },
        {
            "symbol": "AUD",
            "name": "Australian Dollar"
            "description": "1 Australian dollar",
            "precision": 10000
        },
        {
            "symbol": "GBP",
            "name": "Pound sterling",
            "description": "1 pound sterling",
            "precision": 10000
        },
        {
            "symbol": "JPY",
            "name": "Japanese Yen",
            "description": "1 Japanese yen",
            "precision": 100
        },
        {
            "symbol": "EUR",
            "name": "Euro",
            "description": "1 euro",
            "precision": 10000
        },
        {
            "symbol": "USD",
            "name": "United States Dollar",
            "description": "1 United States dollar",
            "precision": 10000
        }
    ],


Quote from: Bitshark on July 08, 2014, 12:58:39 PM
Can someone link me as to how bitassets will work?

http://wiki.bitshares.org/index.php/Market_Peg
http://wiki.bitshares.org/index.php/Bitshares_X
hope these help .. you there are unanswered questions tell us .. we can expand the wiki

Can someone link me as to how bitassets will work?

Quote from: luckybit on July 08, 2014, 09:32:56 AM

Quote from: NewMine on July 07, 2014, 10:38:02 PM
Hang Seng- Hong Kong index

Nikkei- Japanese index

Commodities:


Aluminum
Natural Gas
RBOB
Brent Crude
Uranium
Wheat
Ethanol
Orange Juice  >:(
Sugar
Pork Bellies
Rice
Propane
Palladium
Platinum
Corn
Steel
Coffee
Butter
Milk
.........

If you are going to have indexes, don't forget:
NDX
OEX
QQQQ
.........

You can also do:
ETF's
Double and triple leveraged ETF's
Short/inverse ETF's which can also be double triple leveraged i.e. FAZ

How about some assets relevant to our market demographic? Computer chips, ram, graphics cards,?
How about LTBcoin? Mastercoin? Swarmcoin? Counterparty? Safecoin? DAC Index? Proof of Stake Index?

There's so much scamming involved in alt coins and funds like swarm, I think we should avoid posting any of these


Sent from my iPhone using Tapatalk

It seems that the name of XBT is becoming more popular than the BTC.
How about we use bitXBT instead of bitBTC?


I think that the currency of Russia should be Russia Ruble (RUB) rather than RUR, which refers to the Russia ruble before 1998.   

Quote from: bitcoinerS on July 07, 2014, 10:19:59 PM
I wonder if there is way to deal with user issued assets that attempt to trick users with similar looking names.

Is there an incentive for users to issue quality assets?

I can think of one. How about CO2 to represent carbon emissions?

Quote from: NewMine on July 07, 2014, 10:38:02 PM
Hang Seng- Hong Kong index

Nikkei- Japanese index

Commodities:


Aluminum
Natural Gas
RBOB
Brent Crude
Uranium
Wheat
Ethanol
Orange Juice  >:(
Sugar
Pork Bellies
Rice
Propane
Palladium
Platinum
Corn
Steel
Coffee
Butter
Milk
.........

If you are going to have indexes, don't forget:
NDX
OEX
QQQQ
.........

You can also do:
ETF's
Double and triple leveraged ETF's
Short/inverse ETF's which can also be double triple leveraged i.e. FAZ

How about some assets relevant to our market demographic? Computer chips, ram, graphics cards,?
How about LTBcoin? Mastercoin? Swarmcoin? Counterparty? Safecoin? DAC Index? Proof of Stake Index?