cyber • Fund Public Placement

[Creat0r]

Update: August 10, 2015 Cybernetic Economy Report 2015 H1

[21xhipster]

How is it possible that ethereum has a bigger BTC marketcap, compared with bitshares, but not $ wise?

It's just sorted by BTC valuation...

[21xhipster]

n/A

Please explain what you mean! :-)

[liondani]

How is it possible that ethereum has a bigger BTC marketcap, compared with bitshares, but not $ wise?

[fav]

It seems that since it is human decided, its basically a rating service, similar to stock analysts.

Usually such analysts will call a 5 star pick a "buy" and a 1 star a "sell", instead of referring to something they give 1 star to as "crap". 

Its kindof funny to see a rating site declare something to be "crap" (especially when one doesnt like it), but it doesnt seem that professional.

Our rating is not about buy / sell rather remember / forget. We don't want to make it for speculations but for long term investments. It is quite possible to calculate positions especially for purposes of speculations. Instead we aim to look deeper.

Statement: If network effect has been established it's impossible to break it.

Thus the more established network effect - the higher the rating. We believe that such approach will allow our users to gain more from investing in blockchains. Look to CoinGecko! The do a great job and try to calculate everything. But Primecoin ranked #18. Compare it with our approach with BitShares music on the #18 posstion. There is your money? In Primecoin or BitShares music?
The deal with cyber•Rating is that I can give personal advice for my personal and social graph to invest in top rated assets, but cannot do it with Coinmarketcap or CoinGecko. Do you?

Unprofessional word "crap"? What word do you like to use for asset like Bilshares (don't confuse with BitShares)?
- #62 on Coinmarketcap with cap of $420k
- traded on 1 chinese exchange
- 1 initial commit one year ago
- site don't work
- blockexplorer don't exist
Please suggest professional word and we will use it. :-)

n/A

[xeroc]

It's unfortunate some pages do not do there investigation properly.
Here, basically everything is wrong:
https://www.cryptocompare.com/coins/bts

[21xhipster]

It seems that since it is human decided, its basically a rating service, similar to stock analysts.

Usually such analysts will call a 5 star pick a "buy" and a 1 star a "sell", instead of referring to something they give 1 star to as "crap". 

Its kindof funny to see a rating site declare something to be "crap" (especially when one doesnt like it), but it doesnt seem that professional.

Our rating is not about buy / sell rather remember / forget. We don't want to make it for speculations but for long term investments. It is quite possible to calculate positions especially for purposes of speculations. Instead we aim to look deeper.

Statement: If network effect has been established it's impossible to break it.

Thus the more established network effect - the higher the rating. We believe that such approach will allow our users to gain more from investing in blockchains. Look to CoinGecko! The do a great job and try to calculate everything. But Primecoin ranked #18. Compare it with our approach with BitShares music on the #18 posstion. There is your money? In Primecoin or BitShares music?
The deal with cyber•Rating is that I can give personal advice for my personal and social graph to invest in top rated assets, but cannot do it with Coinmarketcap or CoinGecko. Do you?

Unprofessional word "crap"? What word do you like to use for asset like Bilshares (don't confuse with BitShares)?
- #62 on Coinmarketcap with cap of $420k
- traded on 1 chinese exchange
- 1 initial commit one year ago
- site don't work
- blockexplorer don't exist
Please suggest professional word and we will use it. :-)

[lakerta06]

• You have problem with your ceritificate. Chrome does not trust your site.

Thanks. Could you provide more information? Screenshots, Chrome version, OS..
We've tested certificate in all browsers...

It is ok now. Maybe something was wrong with my browser.

[xfund]

 

[cylonmaker2053]

It seems that since it is human decided, its basically a rating service, similar to stock analysts.

Usually such analysts will call a 5 star pick a "buy" and a 1 star a "sell", instead of referring to something they give 1 star to as "crap". 

Its kindof funny to see a rating site declare something to be "crap" (especially when one doesnt like it), but it doesnt seem that professional.

yeah it'll be interesting to see more of these human and algo rating services develop for crypto. love the write-up for Bitshares about the forward thinking devs.

[Ander]

It seems that since it is human decided, its basically a rating service, similar to stock analysts.

Usually such analysts will call a 5 star pick a "buy" and a 1 star a "sell", instead of referring to something they give 1 star to as "crap". 

Its kindof funny to see a rating site declare something to be "crap" (especially when one doesnt like it), but it doesnt seem that professional.

[Tuck Fheman]

thanks for the update! 

[21xhipster]

I thought exactly about that. How do you think what metrics make sense for pegged assets instead of inflation/deflation?

Best metric for a pegged asset I think is how far away from the peg it trades on average.  So, if it usually trades within 1% or so of the peg, it would be very good, but if it was often 10% or more away it would be terrible.

(Getting solid data on this is hard though.  Often when coinmarketcap says that one of these pegged assets is far away from the peg, what actually occurred is that the price of the crypto went up or down a lot, but the pegged asset hant traded since then, so its price hasnt adjusted.

Yes. It is complicated at these point of time. We would not index Bitshares blockchain until 2.0 came.
Agree that these kind of metric make sense, but that is not exactly about supply. Supply also matter for pegged assets anyway... What about changes in supply: Degradation / Evolution ?

[21xhipster]

And I guess some people here will be disappointed that Qora is in the "crap" category.

Agree. Guys so long stayed in the shadow so... Thanks for notice.

If the rating is because the creator (Qora) left, are you aware that Qora was picked up by several new developers after the creator left the project, and development is now ongoing, they have had several new releases over the past few months each one containing new features?

Wait until people see v22, which should be released any day now.  I have to question the validity of any ranking system that has Qora listed as "Crap". It shows that very little, if any, research was done.

We've use this ranking system internally for almost a year. Thus 'Qora crap thing' is historical stuff and will be reviewed ASAP.
The best solution is to enrich metadata yourself and make a pull request.
https://github.com/cyberFund/chaingear/blob/gh-pages/sources/Qora/Qora.toml
Next thing to release is nice landing pages for systems with an option for customization by developers.

[21xhipster]

Another note:

Bitshares music is liquid (barely), via trading internally in Bitshares.  It is the NOTE asset. 
You can see info for it here:
https://bitsharesblocks.com/asset/orderbook?asset=NOTE

Its actually down about 50% or so from the listed price that you have, its under a million now.  It has daily volume in the $1-3k range.

Trade volumes counts for Notes.


We have liquidity grade. Calculated as Daily Volume / Market Cap:
< 0.1% — Illiquid
< 0.3% — Very Low
< 0.5% — Low
< 1% — Normal
< 2% — High
> 2% — Very High
> 3% — Crazy

Do you think we should improve it? Why?