Author Topic: OIL. Let's get this asset going.  (Read 13997 times)

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Offline pgbit

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Current status for OIL feeds:

Market inactive: Insufficient number of active feeds
ASSET INFO
Asset ID: 5
Issuer account: MARKET
Asset Symbol: OIL
Full Name: Light Sweet Crude Oil
Precision:10,000
Registration Date:Jul 19, 2014 3:18:40 AM
1 barrel light sweet crude oil

Source: http://bitsharesblocks.com/assets/asset?id=OIL

Does that include standby delegates?
I am not sure. Can delegates that provide more feeds be given more weight per vote?

Offline mdj

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Current status for OIL feeds:

Market inactive: Insufficient number of active feeds
ASSET INFO
Asset ID: 5
Issuer account: MARKET
Asset Symbol: OIL
Full Name: Light Sweet Crude Oil
Precision:10,000
Registration Date:Jul 19, 2014 3:18:40 AM
1 barrel light sweet crude oil

Source: http://bitsharesblocks.com/assets/asset?id=OIL

Does that include standby delegates?

Offline pgbit

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Current status for OIL feeds:

Market inactive: Insufficient number of active feeds
ASSET INFO
Asset ID: 5
Issuer account: MARKET
Asset Symbol: OIL
Full Name: Light Sweet Crude Oil
Precision:10,000
Registration Date:Jul 19, 2014 3:18:40 AM
1 barrel light sweet crude oil

Source: http://bitsharesblocks.com/assets/asset?id=OIL

Offline mdj

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There are 2 feeds up for this at the moment. Any delegates looking into developing more feeds for oil?

I'll be taking a look at adding this shortly!

Offline pgbit

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There are 2 feeds up for this at the moment. Any delegates looking into developing more feeds for oil?

Offline islandking

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Any update on getting feeds? I am interested in trading oil.
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Offline robrigo

What about this? Is it only historical or contemporaneous?

https://www.quandl.com/resources/api-for-commodity-data
I asked their founder Tammer if they had any real time oil feeds and he said not at the moment.

sumantso

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IG directed me to check out Nadex as their service is UK only. I spoke with one of the reps at Nadex and you can get access to the market data API for a one time fee of $500, but you also have to apply and associate your identity with them. Not sure if that would work so well for anonymous delegates but it could be one possible source of OIL feeds for public delegates. Of course as the regulatory waters are murky, this could also have some implication w.r.t. the CFTC saying they can regulate crypto derivatives.

If its a one time fee, can't somebody (not a delegate) use it to publish an open feed?

Offline donkeypong

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What about this? Is it only historical or contemporaneous?

https://www.quandl.com/resources/api-for-commodity-data

Offline robrigo

IG directed me to check out Nadex as their service is UK only. I spoke with one of the reps at Nadex and you can get access to the market data API for a one time fee of $500, but you also have to apply and associate your identity with them. Not sure if that would work so well for anonymous delegates but it could be one possible source of OIL feeds for public delegates. Of course as the regulatory waters are murky, this could also have some implication w.r.t. the CFTC saying they can regulate crypto derivatives.

Offline matt608

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yhea ... as they "apparently" also did for bitUSD :)

It just depends who gets themselves publicly known by them first, to me BitAssets, imply decentralisation and we'll probably still hold the small crypto market, but our lack of marketing & not opening up BitOil/Silver and pushing BitGold may cost us the BitAsset brand in a few months as customers will be too confused between the two.

Could be a good BitAsset to start now. Let's not miss the OIL bus opportunity like these guys... https://m.youtube.com/watch?v=sLB-uMPj27s

Maybe bitreserve could accept our bitOIL 1:1 payment for their bitOIL? ... or could there be a gateway/integration of some kind?

Offline monsterer

Wouldn't a 15-min delayed feed be better than no feed?

The median internal delegate feed for other assets lags a bit anyway, so an extra 15-min delay would not cause that much additional front-running opportunity.

It'll just mean a massive spread as the market adjusts to the possibility of acting on old information.
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Offline Markus

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Wouldn't a 15-min delayed feed be better than no feed?

The median internal delegate feed for other assets lags a bit anyway, so an extra 15-min delay would not cause that much additional front-running opportunity.


Offline Riverhead

How much? Certainly delegates can pool funds.