[BTC-TC] Virtual Community Exchange [CLOSED] - page 87.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: ThickAsThieves on June 27, 2013, 05:39:06 PM

Quote from: burnside on June 27, 2013, 05:30:54 PM

Quote from: Ac3Upz on June 27, 2013, 05:28:09 PM

Hello burnside,
can I ask how is the value of transfered shares in "My Value Analysis" calculated?
I have some DMS shares transfered from Deprived and some have some value, but one transfer is valued at BTC0.

It depends on the sender to plug something in. I have a little JS that tries to grab the 7d avg when someone sends, but it doesn't always work.

I'm hoping before too long to have a way for people to edit that in the page.

Cheers.

How come my balance was showing X+100, and now is showing X? Can I have my free bitcoins back please? Roll Eyes

Manual withdrawal go through while you weren't looking?

MikkisJ

member

Activity: 126

Merit: 11

Trade history only goes to 2013-05-29. Why is that? And what was the price before that?

maco

sr. member

Activity: 294

Merit: 250

Solved it. I just reset the password after 15 minutes. All good.

Quote from: maco on June 27, 2013, 05:45:13 PM

Account locked...
Too many failed attempts

It was all me.. what do I do now?

Ac3Upz

newbie

Activity: 24

Merit: 0

Quote from: ThickAsThieves on June 27, 2013, 05:39:06 PM

Quote from: burnside on June 27, 2013, 05:30:54 PM

Quote from: Ac3Upz on June 27, 2013, 05:28:09 PM

Hello burnside,
can I ask how is the value of transfered shares in "My Value Analysis" calculated?
I have some DMS shares transfered from Deprived and some have some value, but one transfer is valued at BTC0.

It depends on the sender to plug something in. I have a little JS that tries to grab the 7d avg when someone sends, but it doesn't always work.

I'm hoping before too long to have a way for people to edit that in the page.

Cheers.

How come my balance was showing X+100, and now is showing X? Can I have my free bitcoins back please? Roll Eyes

The strange thing is, that the "Weighted Average Paid" is quite accurate (I have the actual value in excel sheet), thanks to the one transfer with 0 value

maco

sr. member

Activity: 294

Merit: 250

Account locked...
Too many failed attempts

It was all me.. what do I do now?

ThickAsThieves

hero member

Activity: 518

Merit: 500

Quote from: burnside on June 27, 2013, 05:30:54 PM

Quote from: Ac3Upz on June 27, 2013, 05:28:09 PM

Hello burnside,
can I ask how is the value of transfered shares in "My Value Analysis" calculated?
I have some DMS shares transfered from Deprived and some have some value, but one transfer is valued at BTC0.

It depends on the sender to plug something in. I have a little JS that tries to grab the 7d avg when someone sends, but it doesn't always work.

I'm hoping before too long to have a way for people to edit that in the page.

Cheers.

How come my balance was showing X+100, and now is showing X? Can I have my free bitcoins back please? Roll Eyes

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: Ac3Upz on June 27, 2013, 05:28:09 PM

Hello burnside,
can I ask how is the value of transfered shares in "My Value Analysis" calculated?
I have some DMS shares transfered from Deprived and some have some value, but one transfer is valued at BTC0.

It depends on the sender to plug something in. I have a little JS that tries to grab the 7d avg when someone sends, but it doesn't always work.

I'm hoping before too long to have a way for people to edit that in the page.

Cheers.

carnitastaco

sr. member

Activity: 420

Merit: 250

Quote from: Ac3Upz on June 27, 2013, 05:28:09 PM

Hello burnside,
can I ask how is the value of transfered shares in "My Value Analysis" calculated?
I have some DMS shares transfered from Deprived and most of them shows some value (but I'm not sure how it is calculated), but one transfer is valued at BTC0.

market price at time of transfer

Ac3Upz

newbie

Activity: 24

Merit: 0

Hello burnside,
can I ask how is the value of transfered shares in "My Value Analysis" calculated?
I have some DMS shares transfered from Deprived and most of them shows some value (but I'm not sure how it is calculated), but one transfer is valued at BTC0.

Deprived

hero member

Activity: 532

Merit: 500

Quote from: vandinn on June 27, 2013, 04:41:48 PM

Hi guys, noob question: Where do I find what time exactly there will be the next IPO at btct.co?

I see the securities being reviewed and waiting for approval, but can't find the exact time of their IPO.

Thanks

You can't tell in advance.

They can't sell until they get approval and that happens if/when they get 5 YES vote from moderators.

After that the Issuer can start selling whenever they want - most just put up sales right away (which is actually a bad move if they only have limited shares to sell - but most have no idea how to maximise their IPO revenue). Think furknap was going to give some notice on his (once approved) - which is far better than selling right away (I only gave a short period of notice on DMS - but there's unlimited supply at a fixed price on that so no benefit to anyone in adding a delay).

vandinn

member

Activity: 79

Merit: 10

Hi guys, noob question: Where do I find what time exactly there will be the next IPO at btct.co?

I see the securities being reviewed and waiting for approval, but can't find the exact time of their IPO.

Thanks

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: Ac3Upz on June 27, 2013, 01:35:38 PM

What does "Excessive wait trying to get lock on xxx" mean?
EDIT: Hm, the bid wasn't accepted. Anyone else having the same problem?
EDIT2: I tried to logout and login again, now it's working.

That means another trade was going through at the same time and it took a while. The engine takes out exclusive locks on any action that can modify the state of each individual security. (eg, making a bid/ask order, exercising an option, etc.)

I've cleared out most of the performance issues around the bitcoind. I think we now have two situations that cause this:

1) Lots of traffic.
2) I suspect it may happen when the db is getting backed up. The db dump takes out read locks. I'm hoping to address this soon by setting up db replication, then doing the backups on the replica.

Cheers.

Deprived

hero member

Activity: 532

Merit: 500

Quote from: Ac3Upz on June 27, 2013, 01:35:38 PM

What does "Excessive wait trying to get lock on xxx" mean?
EDIT: Hm, the bid wasn't accepted. Anyone else having the same problem?
EDIT2: I tried to logout and login again, now it's working.

That happens from time to time - its a problem that should be sorted once burnside finishes moving balance queries away from accessing bitcoind and onto reading from a database table.

Basically the system struggles when there's a lot of activity occurring - as it's taking way to long to carry out actions.

Another symptom you'll sometimes see is that when you load market it shows an out of date or empty values for number of shares held and/or available balance.

Both problems are solved by refreshing every few seconds until it works.

furuknap

sr. member

Activity: 294

Merit: 250

http://coin.furuknap.net/

Quote from: pascal257 on June 27, 2013, 05:37:39 AM

No refunds is the way to go. Keep in mind that the moderators have to get deep inside into an IPO before voting, which costs time. So they should be paid for their time no matter the quality of business they're judging.

But why should they bother spending that time at all? They get paid no matter how many votes they pass or don't pass.

Quote from: pascal257 on June 27, 2013, 05:37:39 AM

I like the 50% refund idea. I would split it into 25%, 50% and 75% (and maybe 100%) for each week the stock is waiting approval / sufficient votes.

Why can't we just set a date like in any voting process? We don't postpone elections until enough people have voted; we set a date and by that time, whoever has voted gets counted. Those that do not vote do not count.

Workflow like this:

On application, a date is set 14 days into the future. Voters receive information immediately containing the contract and other information sent as one neat package. The final date for voting is listed on the asset seeking application.

12 days after application, voters that have not yet voted gets a reminder to vote.

14 days, and on the due date, a final notification is sent to everyone to remind them to vote or to review their votes if there have been changes to contracts or situation.

15 days after the application, the votes are counted. More Yes votes means application succeeds, More No votes mean application fails.

.b

Ac3Upz

newbie

Activity: 24

Merit: 0

What does "Excessive wait trying to get lock on xxx" mean?
EDIT: Hm, the bid wasn't accepted. Anyone else having the same problem?
EDIT2: I tried to logout and login again, now it's working.

Deprived

hero member

Activity: 532

Merit: 500

Quote from: pascal257 on June 27, 2013, 05:37:39 AM

No refunds is the way to go. Keep in mind that the moderators have to get deep inside into an IPO before voting, which costs time. So they should be paid for their time no matter the quality of business they're judging.

I like the 50% refund idea. I would split it into 25%, 50% and 75% (and maybe 100%) for each week the stock is waiting approval / sufficient votes.

Yeah - number of vote NOT number of YES votes should be the criterion for refunds. If it's apathy from moderators then refund. If it's a shitty security then tough luck.

pascal257

sr. member

Activity: 493

Merit: 262

No refunds is the way to go. Keep in mind that the moderators have to get deep inside into an IPO before voting, which costs time. So they should be paid for their time no matter the quality of business they're judging.

I like the 50% refund idea. I would split it into 25%, 50% and 75% (and maybe 100%) for each week the stock is waiting approval / sufficient votes.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: The_Jacobson on June 27, 2013, 03:40:26 AM

On market tab click create security and its on asset issuer terms of service.

Thanks

Quote from: The_Jacobson on June 27, 2013, 03:40:26 AM

I think the problem is that with a fully refundable fee is that people will create bad securities and spam the system. But now there is no incentive for moderators to vote in a timely fashion so burnside is trying to make an incentive for them to do so (50% refund).

That's what I have gathered.

Yes, but as I said:
1. it doesn't make any sense to pay such a huge sum to "maybe get what you asked for, maybe nothing"
2. to prevent spam you can simply ask a extremely small collateral, such as 0.1 BTC instead of the whole sum

The_Jacobson

newbie

Activity: 28

Merit: 0

Quote from: Lohoris on June 27, 2013, 03:27:24 AM

Quote from: The_Jacobson on June 27, 2013, 02:56:20 AM

From the website

Quote

There is a NON-REFUNDABLE FEE of 5 BTC per security created.

Yes, and I was stating that this doesn't make much sense :/ hoping in some clarifications...

BTW, where in the site there is that info? I really couldn't find it...

On market tab click create security and its on asset issuer terms of service.

I think the problem is that with a fully refundable fee is that people will create bad securities and spam the system. But now there is no incentive for moderators to vote in a timely fashion so burnside is trying to make an incentive for them to do so (50% refund).

That's what I have gathered.

Lohoris

hero member

Activity: 630

Merit: 500

Bitgoblin

Quote from: The_Jacobson on June 27, 2013, 02:56:20 AM

From the website

Quote

There is a NON-REFUNDABLE FEE of 5 BTC per security created.

Yes, and I was stating that this doesn't make much sense :/ hoping in some clarifications...

BTW, where in the site there is that info? I really couldn't find it...

Topic: [BTC-TC] Virtual Community Exchange [CLOSED] - page 87. (Read 316534 times)