[BitFunder] Asset Exchange Marketplace + Rewritable Options Trading - page 27.

Puppet

legendary

Activity: 980

Merit: 1040

Quote from: arousedrhino on September 27, 2013, 09:24:46 AM

Please don't allow Labcoin to be listed on BitFunder, I believe they pose an legal risk to the long term future of BitFunder.

That legal threat is already there. AFAK, all the securities being traded there are unregistered, and offered to US public. Thats illegal under US law (almost certainly the same applies to EU and pretty much everywhere else), there are no 2 ways about it.
The securities potentially being scams, I dont really see what extra legal threat that may incur for anyone other than the issuers.

Also, the idea that an exchange should be responsible for weeding out scams is ludicrous. An exchange doesnt have the incentive (scams make them money too), doesnt have the authority, probably doesnt have the know how. It would just create a false sense of security.

I would however, encourage exchanges to require asset issuers to prove their identity so at the very least legal action can be taken if things go sour.

TsuyokuNaritai

hero member

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Quote from: arousedrhino on September 27, 2013, 09:24:46 AM

Please don't allow Labcoin to be listed on BitFunder, I believe they pose an legal risk to the long term future of BitFunder.

Please do allow it unless you have good evidence of that. There are people on the Labcoin thread claiming that btc-tc was brought down singularly because it hosted Labcoin, and spreading rumors that are harmful to bitcoin generally. If they are lying to destroy a security, then letting them win will encourage such behavior in the future.

arousedrhino

sr. member

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Please don't allow Labcoin to be listed on BitFunder, I believe they pose an legal risk to the long term future of BitFunder.

Rannasha

hero member

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Quote from: Ukyo on September 26, 2013, 02:27:09 PM

Quote from: soundasleep on September 26, 2013, 10:15:42 AM

Today I've added support to keep track of your BitFunder securities to CryptFolio (thread). This helps you keep track of the value of your securities over time, and generates reports (such as your overall USD net worth).

As part of this, I've also added historical graphs for all BitFunder securities, although it will take a few days to get any meaningful data :-)

CryptFolio tracks your securities values by using your Public Bitcoin Address and scanning the Public Asset List for matching securities. It's actually quite a clever way to track security values. However it would be nice if a BitFunder GetBalance API was released, so that I can also track wallet balances as well. Is there any ETA to its public release?

The API exists and will hopefully be released to the public "soon".
Many beta testers already have access. I try my best to not hand out unfinished products that still need testing until they are ready as best as I can.

Is there a way to become a beta tester? I've beta-tested software before so I'm accustomed to things being unfinished / buggy.

Ukyo

sr. member

Activity: 448

Merit: 250

Quote from: soundasleep on September 26, 2013, 10:15:42 AM

Today I've added support to keep track of your BitFunder securities to CryptFolio (thread). This helps you keep track of the value of your securities over time, and generates reports (such as your overall USD net worth).

As part of this, I've also added historical graphs for all BitFunder securities, although it will take a few days to get any meaningful data :-)

CryptFolio tracks your securities values by using your Public Bitcoin Address and scanning the Public Asset List for matching securities. It's actually quite a clever way to track security values. However it would be nice if a BitFunder GetBalance API was released, so that I can also track wallet balances as well. Is there any ETA to its public release?

The API exists and will hopefully be released to the public "soon".
Many beta testers already have access. I try my best to not hand out unfinished products that still need testing until they are ready as best as I can.

Quote from: pascal257 on September 26, 2013, 10:18:23 AM

Could you then go ahead and set a default fee? I'm once again waiting for withdrawal.

This would effect all users including those who do not wish to pay a fee.

pascal257

sr. member

Activity: 493

Merit: 262

Quote from: Ukyo on September 26, 2013, 01:33:27 AM

Unfortunately the transaction fee can only be set as a default to all transfers.

We are working on a custom solution that will be released in the future that will help with this.

-Ukyo

Could you then go ahead and set a default fee? I'm once again waiting for withdrawal.

soundasleep

full member

Activity: 169

Merit: 100

Today I've added support to keep track of your BitFunder securities to CryptFolio (thread). This helps you keep track of the value of your securities over time, and generates reports (such as your overall USD net worth).

As part of this, I've also added historical graphs for all BitFunder securities, although it will take a few days to get any meaningful data :-)

CryptFolio tracks your securities values by using your Public Bitcoin Address and scanning the Public Asset List for matching securities. It's actually quite a clever way to track security values. However it would be nice if a BitFunder GetBalance API was released, so that I can also track wallet balances as well. Is there any ETA to its public release?

Dropthebass

newbie

Activity: 56

Merit: 0

Hi Ukyo,

Weexchange worked well but is not censured in China. Is there any idea on how to get funds out of BF for people living in China or is it a lost cause ?

Best,

Dropthebass

Ukyo

sr. member

Activity: 448

Merit: 250

Unfortunately the transaction fee can only be set as a default to all transfers.

We are working on a custom solution that will be released in the future that will help with this.

-Ukyo

pascal257

sr. member

Activity: 493

Merit: 262

Quote from: ninjaboon on September 25, 2013, 05:40:02 PM

Quote from: pascal257 on September 25, 2013, 01:36:15 PM

It takes ages to withdraw money from WeExchange. Could you introduce a field where the user can set the network fee?

Funny, withdrawing BTC was always within 20 mins for me.
Are you talking about fiat withdrawals?

I don't think the user can decide what network fee to pay on fiat, that's decided on another level.
So no, I'm not talking about fiat withdrawals.

bigbeninlondon

hero member

Activity: 742

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Quote from: Rannasha on September 25, 2013, 04:22:20 PM

Quote from: piecinitup on September 25, 2013, 04:14:14 PM

Would it be possible for someone to briefly explain why BTCT is shutting down and how Bitfunder will stay afloat? I know it has something to do with the SEC but there is just so many replies and speculation that I can't seem to sift through all of it on here and find a straight answer.

A clear reason why BTCT is shutting down wasn't given. Burnside cited changes in the regulatory environment, but hasn't said much more. Presumably he's either not (yet) allowed to disclose more or has been advised by legal counsel to do so.

So without knowing what happened to BTCT, it's hard to extrapolate to other exchanges.

It's even more difficult to understand seeing as no regulatory changes have been announced from the SEC or any other branch of the US government regarding bitcoin regulation or any major revision to securities laws. Unless I missed something...

ninjaboon

legendary

Activity: 2128

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Quote from: pascal257 on September 25, 2013, 01:36:15 PM

It takes ages to withdraw money from WeExchange. Could you introduce a field where the user can set the network fee?

Funny, withdrawing BTC was always within 20 mins for me.
Are you talking about fiat withdrawals?

Rannasha

hero member

Activity: 728

Merit: 500

Quote from: piecinitup on September 25, 2013, 04:14:14 PM

Would it be possible for someone to briefly explain why BTCT is shutting down and how Bitfunder will stay afloat? I know it has something to do with the SEC but there is just so many replies and speculation that I can't seem to sift through all of it on here and find a straight answer.

A clear reason why BTCT is shutting down wasn't given. Burnside cited changes in the regulatory environment, but hasn't said much more. Presumably he's either not (yet) allowed to disclose more or has been advised by legal counsel to do so.

So without knowing what happened to BTCT, it's hard to extrapolate to other exchanges.

piecinitup

full member

Activity: 158

Merit: 100

Would it be possible for someone to briefly explain why BTCT is shutting down and how Bitfunder will stay afloat? I know it has something to do with the SEC but there is just so many replies and speculation that I can't seem to sift through all of it on here and find a straight answer.

pascal257

sr. member

Activity: 493

Merit: 262

It takes ages to withdraw money from WeExchange. Could you introduce a field where the user can set the network fee?

Duffer1

full member

Activity: 227

Merit: 100

Quote from: iCEBREAKER on September 25, 2013, 05:12:33 AM

Hi Ukyo,

The Labcoin stock at BTCT has been given a scammer tag by Burnside and now wants to relist at BF.

Will you let them move their sketchy operation to BF, despite that warning?

It's a warning, not a scammer tag. Burnside wanted clarification if x amount of shares were to be locked or not, and added the warning after failing to get their attention via more discreet channels. They did promise this, but it was not in the contract for them to do so. Burnside is likely too busy to deal with it now. I'm not saying they aren't a scam, I'm saying they're definitely not a scam in the way the warning may suggest to people who don't click the link... in the warning..

Ukyo has Labcoin by the balls. I hope he uses this position to get answers. I hope Labcoin can adequately satisfy the questions and find a home on Bitfunder.

iCEBREAKER

legendary

Activity: 2156

Merit: 1072

Crypto is the separation of Power and State.

Hi Ukyo,

The Labcoin stock at BTCT has been given a scammer tag by Burnside and now wants to relist at BF.

Will you let them move their sketchy operation to BF, despite that warning?

Ukyo

sr. member

Activity: 448

Merit: 250

Quote from: PurpleTentacle on September 25, 2013, 04:47:47 AM

Also, I don't know if anyone's interested in this, but here's a crazy idea:
Show the btc amount needed for the price to go up/down by 10%.

Sounds it will make a fun dashboard widget to add on once things settle.

Maybe let people enter numbers to see it change/effect.

Then again, I plan to have a proper depth chart soon. So that would mostly handle that anyways.

-Ukyo

PurpleTentacle

sr. member

Activity: 384

Merit: 250

Quote from: Ukyo on September 25, 2013, 04:24:45 AM

That market page has been under a lot of debate.
I am considering adding websocket to it so it has live data.

At the same time, I want to scrape it completely and replace it with a list of assets and short descriptions where users can get to the asset page and add it to their own private list on the dashboard.

This way people can watch what they want to watch, and ignore the rest. (and have websocket on that list)
That new list page would list any new upcoming or launching assets as well.

-Ukyo

Live data sounds good.

Also, I don't know if anyone's interested in this, but here's a crazy idea:
Show the btc amount needed for the price to go up/down by 10%.

Ukyo

sr. member

Activity: 448

Merit: 250

That market page has been under a lot of debate.
I am considering adding websocket to it so it has live data.

At the same time, I want to scrape it completely and replace it with a list of assets and short descriptions where users can get to the asset page and add it to their own private list on the dashboard.

This way people can watch what they want to watch, and ignore the rest. (and have websocket on that list)
That new list page would list any new upcoming or launching assets as well.

-Ukyo

Topic: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading - page 27. (Read 129419 times)