Author Topic: Bittwenty (index fund) is almost alive ! Witness opportunity !  (Read 12324 times)

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Offline karnal

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Any news ?
Thanks for the mention in your steem article !

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You're welcome.

Looking forward to hodl!

Offline EstefanTT

Any news ?
Thanks for the mention in your steem article !

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Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline EstefanTT

I have received an answer from 3 witnesses.
They have the code and are (probably) reviewing as we speak.

From my side, everything is done. I'm waiting for the first one of these 3 to publish the first price feed. Then I'll announce Bittwenty officially ... everywhere !

Even If I already have an answer from 3 witnesses, if another witness want to jump in and run the code to produce the pricefeed, it is still time.
I'll stop looking for witnesses when I have effectively 3 producing the price.
With that said, if a new one jump in and the 3 first one I had an answer end up publishing the price feed, I could have 4 witnesses instead of 3.
I chose 3 because as I allocate a percentage of the future revenues of Bittwenty, I wanted the first witness to have a "large" cut of that percentage. Also, there is no need to have more decentralisation until the market grow significantly high. 

It shouldn't be too long now before the first price feed ;)


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Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)


Offline EstefanTT

Already choosen (5 letters )

We've spent a lot of time to figure out how to allows us to change the composition of the index every month and have a basic control over it BUT make it impossible for us the manipulate the price so it is trustless.

I'll announce it as soon as one of the witnesses send the first price feed ;)

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« Last Edit: September 05, 2016, 04:46:56 pm by EstefanTT »
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline JonnyB

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This is an exciting index fund, very impressive.

I love your dedication to multiple witness feeds because as you say nobody will invest big money if prices rely on a single person.

I hope you invest in a short asset name for it.
 

I run the @bitshares twitter handle
twitter.com/bitshares

Offline EstefanTT

The second witness has contacted me to check the code and run it if everything is ok.
If these two witnesses end up providing the price feed, there is only one remaining place available.
Remember it's also an opportunity to profit from its the future market fees !!!
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline EstefanTT

I've changed it into "the leading cryptocurrencies index fund" in the website at the moment. If someone find something better, I'm all ears !

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Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline fav

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I has been seeing every one in the space saying "the first ... decentralised exchange, blockchain 2.0, 3.0, ... "

I thought it wasn't a big deal to say the first cryptocurrency index fund.

Do you think someone can claim to be the first before bittwenty and cause me problems ?

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yes cause it's just not true and you can easily google coinoindex as the first - at least earlier than yours :)

Offline EstefanTT

Not a bad idea at all ! Thank you guys !

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Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline yvv

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It is unlikely to cause you problems, but saying false things in public is not a good idea anyway. Say something like "the leading fund" instead of "first". If it is the only active crypto tracking fund, it is surely the leading one.


Offline EstefanTT

I has been seeing every one in the space saying "the first ... decentralised exchange, blockchain 2.0, 3.0, ... "

I thought it wasn't a big deal to say the first cryptocurrency index fund.

Do you think someone can claim to be the first before bittwenty and cause me problems ?

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Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline fav

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Thank you for your great work EstefanTT, I want to try this new index fund.  What is the ticker for it?

I'm waiting at least one witness publish the price feed to officialise the market. Now I'll shut down my private price feed production and the market will reopen once the first witness send the first feed.
As the market won't have feed during this transition period I prefer no one use it at the moment.

Be sure that you'll know when the market will open its door, I won't rest until the 7,447,883,652 people on earth have heard about the first cryptocurrencies index fund !

be careful with marketing something as first... coinoindex launched 2015, but no idea if they're still up

Offline EstefanTT

Thank you for your great work EstefanTT, I want to try this new index fund.  What is the ticker for it?

I'm waiting at least one witness publish the price feed to officialise the market. Now I'll shut down my private price feed production and the market will reopen once the first witness send the first feed.
As the market won't have feed during this transition period I prefer no one use it at the moment.

Be sure that you'll know when the market will open its door, I won't rest until the 7,447,883,652 people on earth have heard about the first cryptocurrencies index fund !
Bit20, the cryptocurrency index fund http://www.bittwenty.com
(BitShares French ConneXion - www.bitsharesfcx.com)

Offline Chris4210

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Thank you for your great work EstefanTT, I want to try this new index fund.  What is the ticker for it?
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