[BTC-TC] Virtual Community Exchange [CLOSED] - page 113.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: creativex on April 03, 2013, 06:20:08 PM

Quote from: burnside on April 03, 2013, 06:11:05 PM

Quote from: Maciek on April 03, 2013, 05:30:14 PM

@burnside
https://btct.co/create
You must have a balance of at least 5 BTC to create a new security

https://www.litecoinglobal.com/create
You must have a balance of at least 500 LTC to create a new security = 17 BTC

why is that sum in LTC set so high?

Eh, yeah, LTC's only been high for a few days now. Wink

I have a hard time valuing it directly in BTC terms anyway. It's more of a fiat conversion for me.

I'll drop it to 150 LTC. Wink

Cheers.

Sweet! Shall I expect a 350LTC refund then? J/K.

Unless...

LOL.

I need to find a nice happy spot for it when things settle down with LTC.

creativex

sr. member

Activity: 434

Merit: 250

Quote from: burnside on April 03, 2013, 06:11:05 PM

Quote from: Maciek on April 03, 2013, 05:30:14 PM

@burnside
https://btct.co/create
You must have a balance of at least 5 BTC to create a new security

https://www.litecoinglobal.com/create
You must have a balance of at least 500 LTC to create a new security = 17 BTC

why is that sum in LTC set so high?

Eh, yeah, LTC's only been high for a few days now. Wink

I have a hard time valuing it directly in BTC terms anyway. It's more of a fiat conversion for me.

I'll drop it to 150 LTC. Wink

Cheers.

Sweet! Shall I expect a 350LTC refund then? J/K.

Unless...

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: Maciek on April 03, 2013, 05:30:14 PM

@burnside
https://btct.co/create
You must have a balance of at least 5 BTC to create a new security

https://www.litecoinglobal.com/create
You must have a balance of at least 500 LTC to create a new security = 17 BTC

why is that sum in LTC set so high?

Eh, yeah, LTC's only been high for a few days now. Wink

I have a hard time valuing it directly in BTC terms anyway. It's more of a fiat conversion for me.

I'll drop it to 150 LTC. Wink

Cheers.

creativex

sr. member

Activity: 434

Merit: 250

It only seems high now because LTC has gained so much value relative to fiat and BTC. Cryptostocks charges 750, or they did when I created a security there.

Maciek

full member

Activity: 254

Merit: 100

@burnside
https://btct.co/create
You must have a balance of at least 5 BTC to create a new security

https://www.litecoinglobal.com/create
You must have a balance of at least 500 LTC to create a new security = 17 BTC

why is that sum in LTC set so high?

creativex

sr. member

Activity: 434

Merit: 250

Quote from: pevgeny on April 03, 2013, 03:32:32 AM

Quote from: usagi on April 03, 2013, 01:02:16 AM

Ok, what kind of collateral do you have for the margin I will extend to you?

it for daytrading and another trade strategies Grin

ps: margin call - not for me Tongue

Free unsecured credit then? Please call the bernanke.

pevgeny

newbie

Activity: 16

Merit: 0

Quote from: usagi on April 03, 2013, 01:02:16 AM

Ok, what kind of collateral do you have for the margin I will extend to you?

it for daytrading and another trade strategies Grin

ps: margin call - not for me Tongue

usagi

vip

Activity: 812

Merit: 1000

13

Quote from: pevgeny on April 03, 2013, 01:01:33 AM

Quote from: burnside on April 02, 2013, 11:37:09 PM

You have to find someone out there that has offered up some PUT options. Go to the Market -> Options Tab to see what's available.

Cheers.

i know about put options.
i need PURE SHORT. see: http://en.wikipedia.org/wiki/Short_(finance)

Ok, what kind of collateral do you have for the margin I will extend to you?

pevgeny

newbie

Activity: 16

Merit: 0

Quote from: burnside on April 02, 2013, 11:37:09 PM

You have to find someone out there that has offered up some PUT options. Go to the Market -> Options Tab to see what's available.

Cheers.

i know about put options.
i need PURE SHORT. see: http://en.wikipedia.org/wiki/Short_(finance)

usagi

vip

Activity: 812

Merit: 1000

13

Quote from: burnside on April 02, 2013, 11:37:09 PM

Quote from: pevgeny on April 02, 2013, 09:01:05 PM

hello!

how to open short position?

i waanna SHOOORT! Grin

You have to find someone out there that has offered up some PUT options. Go to the Market -> Options Tab to see what's available.

Cheers.

What do you want to short? Maybe I can write some PUTS for you.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: pevgeny on April 02, 2013, 09:01:05 PM

hello!

how to open short position?

i waanna SHOOORT! Grin

You have to find someone out there that has offered up some PUT options. Go to the Market -> Options Tab to see what's available.

Cheers.

pevgeny

newbie

Activity: 16

Merit: 0

hello!

how to open short position?

i waanna SHOOORT! Grin

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quick apology for the outage a few hours ago. The backups filled up the drive while I was sleeping and bitcoind shut itself down. The wallet and other content has grown enough that I can't keep as many days of backups as I used to. The raid array is 150GB, I'm just doing fairly frequent incrementals.

Quote from: 🏰 TradeFortress 🏰 on April 02, 2013, 03:22:44 AM

Have a 1 click "click here to turn off [type] email notifications" so instead of flagging as spam, people will simply click it.

That's a great idea. I went ahead and implemented something similar. I put a link direct to the email settings in the footer.

Quote from: odolvlobo on April 02, 2013, 01:22:19 AM

One thing you might be able to do to reduce email volume is to send only a single email for any transaction. When I buy or sell, I frequently get several separate emails. How about combining them all into a single email?

I'd love to do that. Easier said than done unfortunately with the way the function iterates on itself. I'll think about it a bit more though and see if any solutions pop into my head.

Cheers.

🏰 TradeFortress 🏰

vip

Activity: 1316

Merit: 1043

👻

Have a 1 click "click here to turn off [type] email notifications" so instead of flagging as spam, people will simply click it.

odolvlobo

legendary

Activity: 4522

Merit: 3426

Quote from: burnside on April 02, 2013, 12:06:25 AM

Just got word that we're being blocked by yahoo because of spam complaints. The server's on a dedicated IP, so that means people are complaining about the ltc-global & btct.co emails. If you don't want the emails, turn them off in the account settings. Wink

http://help.yahoo.com/kb/index?page=content&y=PROD_MAIL_ML&locale=en_US&id=SLN3434&impressions=true
I'm not familiar with yahoo at all, but you might be able to help counter this effect by flagging emails as "not spam" if they support it.
Cheers.

One thing you might be able to do to reduce email volume is to send only a single email for any transaction. When I buy or sell, I frequently get several separate emails. How about combining them all into a single email?

If Yahoo flags an email as spam, you can mark it as "not spam". Other than moving it back to your inbox, I don't know if that has any effect.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Just got word that we're being blocked by yahoo because of spam complaints. The server's on a dedicated IP, so that means people are complaining about the ltc-global & btct.co emails. If you don't want the emails, turn them off in the account settings. Wink

http://help.yahoo.com/kb/index?page=content&y=PROD_MAIL_ML&locale=en_US&id=SLN3434&impressions=true

I'm not familiar with yahoo at all, but you might be able to help counter this effect by flagging emails as "not spam" if they support it.

Cheers.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: JohnGalt on April 01, 2013, 11:35:36 PM

Quote from: burnside on April 01, 2013, 05:56:36 PM

Totally unintentional, but people that received their LTC-GLOBAL dividends yesterday received them converted at ~0.01077. Now the btc-e rate is at 0.0176. In other words, if you wanted BTC, move quickly and you get another 50%+ on your profits. Grin

Hopefully the BTC-TRADING-PT operator takes advantage of this as well.

I convert the LTC-GLOBAL dividends to BTC as soon as possible in order to reduce currency risk. While LTC has risen against BTC since then, it could have dropped. My conversion rate was 0.01052.

That's a bummer. Definitely the right approach though. I can't believe how volatile it's been lately!

JohnGalt

full member

Activity: 249

Merit: 114

Who is John Galt?

Quote from: burnside on April 01, 2013, 05:56:36 PM

Totally unintentional, but people that received their LTC-GLOBAL dividends yesterday received them converted at ~0.01077. Now the btc-e rate is at 0.0176. In other words, if you wanted BTC, move quickly and you get another 50%+ on your profits. Grin

Hopefully the BTC-TRADING-PT operator takes advantage of this as well.

I convert the LTC-GLOBAL dividends to BTC as soon as possible in order to reduce currency risk. While LTC has risen against BTC since then, it could have dropped. My conversion rate was 0.01052.

Quote from: parseval on April 01, 2013, 06:36:51 AM

I'd considered buying up shares on LTC-GLOBAL so I could begin voting.. I settled for some shares on the PT, though it counts a bit less.

If you are interested in voting, you should buy LTC-GLOBAL shares directly. BTC-TRADING-PT shares are more liquid and are conveniently denominated in BTC, but the ability to vote on securities is limited.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: parseval on April 01, 2013, 06:36:51 AM

I applaud the quality changes whole-heartedly.

The greedy part of me is a little disappointed to hear about the increase in fee, but I understand the necessity. The fees have been quite low and this is really not a large jump. I'm happy with the current fees compared to other Bitcoin services I've used, and I'm glad that there is no tiered structure which favors the arbitrage investors over those who hold.

I hear you. We have slightly tweaked the plan. Cross-post from the litecoin forums:

Quote from: parseval on April 01, 2013, 06:36:51 AM

I've seen some IPO listed in the forums recently (and not on BTC) which really don't seem very sound. I'm glad that there's a more defined process and stricter requirements for those looking to list on the exchange. I'd considered buying up shares on LTC-GLOBAL so I could begin voting.. I settled for some shares on the PT, though it counts a bit less.

Totally unintentional, but people that received their LTC-GLOBAL dividends yesterday received them converted at ~0.01077. Now the btc-e rate is at 0.0176. In other words, if you wanted BTC, move quickly and you get another 50%+ on your profits. Grin

Hopefully the BTC-TRADING-PT operator takes advantage of this as well.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: btharper on April 01, 2013, 05:14:08 AM

Thanks for pulling the asset creation fee increase considering.

Any thoughts on how the new rules will apply to or impact pass-through funds?

The new rules will make it harder for a person with no reputation to issue a PT, as you have to prove you've run a business before. It'll also keep a PT from being issued on a base asset that doesn't have basics like financials, prospectus, etc. Both are positive changes in general.

Cheers.

Topic: [BTC-TC] Virtual Community Exchange [CLOSED] - page 113. (Read 316669 times)