Author Topic: Prediction Markets now available in GUI  (Read 8601 times)

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Offline noisy

Re: Prediction Markets now available in GUI
« Reply #60 on: February 01, 2016, 07:23:40 am »
In my opinion, all assets for prediction market should have separate prefix.
Take a look on: https://bitsharestalk.org/index.php/topic,19625.msg251894.html - I have a crazy idea - lets convince cryptonomex developers to use livecoding.tv

Offline sports-owner

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Re: Prediction Markets now available in GUI
« Reply #61 on: February 01, 2016, 07:29:32 am »
In my opinion, all assets for prediction market should have separate prefix.

I agree.  Also being able to use numbers would be very useful.  While you are at it allow me to reuse markets.  EIther that or dramatically reduce the price of registering and closing out a PM, and have the PM decay after all assets are settled.  So names can be reused.

Offline svk

Re: Prediction Markets now available in GUI
« Reply #62 on: February 01, 2016, 08:12:41 am »
In my opinion, all assets for prediction market should have separate prefix.

I agree.  Also being able to use numbers would be very useful.  While you are at it allow me to reuse markets.  EIther that or dramatically reduce the price of registering and closing out a PM, and have the PM decay after all assets are settled.  So names can be reused.

Did you see my post about adding description fields for assets?

Some fields I'm thinking would be useful are:
  • A long description
  • Preferred market, if you want the GUI to link to a non-BTS pair for example
  • Expiry
  • Short description of the condition

Any more you'd like to see? I could add an alternative symbol field that could include numbers..

What would you like to see included
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Offline sports-owner

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Re: Prediction Markets now available in GUI
« Reply #63 on: February 01, 2016, 08:38:04 am »
Having as secondary description that would show up in the gui that we could use numbers in would be very userful.  It would be nice if WTICRUDE could show as WTICRUDE-16-12-30-20:00:00-$40.00 for example.  Preferred market would be great once we get enough bitasset liquidity to collateralize PMs with USD CNY or BTC.  Expiry and short and long descriptions would also be great.  If you could find a way to have borrow and sell be a single click in the GUI I think that would be a great simplifying feature as well.  Would have to explain somewhere why it takes more upfront to short an asset.  Thanks for all your hard work SVK.


In my opinion, all assets for prediction market should have separate prefix.

I agree.  Also being able to use numbers would be very useful.  While you are at it allow me to reuse markets.  EIther that or dramatically reduce the price of registering and closing out a PM, and have the PM decay after all assets are settled.  So names can be reused.

Did you see my post about adding description fields for assets?

Some fields I'm thinking would be useful are:
  • A long description
  • Preferred market, if you want the GUI to link to a non-BTS pair for example
  • Expiry
  • Short description of the condition

Any more you'd like to see? I could add an alternative symbol field that could include numbers..

What would you like to see included

Offline xeroc

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Re: Prediction Markets now available in GUI
« Reply #64 on: February 01, 2016, 09:59:18 am »
From what I realized by tests, we can reset the global_settle flag, but due to the fact that we cannot remove the settlement price, we cannot yet reuse prediction market assets.
I would propose to have the settlement price expire similar to price feeds by a definable parameter .. after that time, the asset should be re-useable to other prediction marktes if the global settle flag is reset.
before the expiration of the settlement price, the issue could withdraw customers unsettled assets, settle them for them and return the earnings (if any) minus fees or so.

But we certainly need to update the graphene base for this. Not sure if it requires a hardfork though, I assume we do!
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Offline noisy

Re: Prediction Markets now available in GUI
« Reply #65 on: February 01, 2016, 08:59:26 pm »
BTW.. the title of this topic is a lie.

we - bitshares community - should name things properly. We should stop overpromise things. Right now this is at most a Proof of Concept.



Take a look on: https://bitsharestalk.org/index.php/topic,19625.msg251894.html - I have a crazy idea - lets convince cryptonomex developers to use livecoding.tv

Offline puppies

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Re: Prediction Markets now available in GUI
« Reply #66 on: February 01, 2016, 09:55:53 pm »
BTW.. the title of this topic is a lie.

we - bitshares community - should name things properly. We should stop overpromise things. Right now this is at most a Proof of Concept.

How so?
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Offline morpheus

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Re: Prediction Markets now available in GUI
« Reply #67 on: February 02, 2016, 06:37:22 am »
I have set SPORTS.SBLAFC to be resolved by commitee-trade.  I have created a new asset BTSPREDICT in response to https://www.reddit.com/r/BitShares/comments/43iyiq/will_bitshares_hit_12000000_in_market_cap_in/.  BTSPREDICT is to be resolved by the committee-account.  I have also modified WTICRUDE and SPFIVE to be resolved by the committee-account.  We will see which way of resolving works best.

Would it be possible to resolve by price feed?