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Topic: GLBSE 2.0 open for testing - page 32. (Read 51751 times)

full member
Activity: 134
Merit: 100
January 24, 2012, 08:11:42 AM
#22

Should I ever choose to issue shares, I'd really like the idea to tie the price to the USD/EUR/GOLD/SILVER.

I'm assuming you are talking about IPO, because after that it's just supply and demand for a proper price.

Personally I'm against something like that. An automatic converter to display additional information (value in $ based on current price) is ok but other than that in my opinion this should remain in BTC
legendary
Activity: 2058
Merit: 1005
this space intentionally left blank
January 24, 2012, 07:09:30 AM
#21
Will it be possible to peg shares to the dollar?  I would very much like to see that feature.

What?
I think he means rather than having prices set in BTC, have them set in USD using mt.gox rates or something. So I would say "my shares cost $6," your site would check mtgox to see that the average-weighted price is (or something like that), and if anyone wanted to by my shares they would pay with $6 worth of BTC.

meh - i'd keep USD (or EUR or whatever else for that matter) out of it!


Should I ever choose to issue shares, I'd really like the idea to tie the price to the USD/EUR/GOLD/SILVER.
As my business is one of "Real Life", I would probably issue shares to raise funds to pay for programming, marketing - maybe even to stock up on some goods.

So if I sell 1000 @ 1 and the BTC/USD goes to shit, I'm  ahead - but what about my investors?
And if the BTC/USD rises, stocks become "cheaper", thus more attractive to trade.

All the while, if you would want to trade the BTC/USD, investing on GLBSE is not the way to do it, so there's no reason not to take some variance out of it, imho.

Maybe I would even like to have each "share" represent an ounce of silver/BTC?

Of course I could (well I coulnd't, but someone could) build a bot to calculate the current NAV of the share and place orders accordingly, but I think this feature would be worthwile for a lot of people, especiall if it's supported directly from the exchange.

just my 0.00000002



hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
January 24, 2012, 06:03:47 AM
#20
I see the ticker is case sensitive (e.g.,  test is a different company from Test).  Should that be case insensitive?

The existing tickers are case sensitive on the old system. I think it would be easier being case insensitive, so you don't have to remember the ticker and the case. To my knowledge, there are no existing tickers that would conflict if it were made case-insensitive.

Thanks for the suggestions, I'll add that to the system. I'm currently working on input validation and error messages ATM.
hero member
Activity: 518
Merit: 500
January 23, 2012, 09:36:33 PM
#19
I see the ticker is case sensitive (e.g.,  test is a different company from Test).  Should that be case insensitive?

The existing tickers are case sensitive on the old system. I think it would be easier being case insensitive, so you don't have to remember the ticker and the case. To my knowledge, there are no existing tickers that would conflict if it were made case-insensitive.
legendary
Activity: 2506
Merit: 1010
January 23, 2012, 07:50:22 PM
#18
I see the ticker is case sensitive (e.g.,  test is a different company from Test).  Should that be case insensitive?
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
January 22, 2012, 04:01:41 PM
#17
Am I the only one that is going to miss the existing java webclient ? Sad

Javascript, as was mentioned above. But no you're not. Quite a few people like it, it really was a revolutionary application of Javascript and public key cryptography.

However the mistake made was that we (at GLBSE) thought the issue was to provide an anonymous asset(stock) market/exchange, so thats what our time effort and money went into. What we should have been doing was building a market for people to raise capital for their business or idea in bitcoin, and make it as easy as possible for people to do that while trying to keep investors safe.

In the future if GLBSE takes off after this attempt, and we're profitable we'll put money into furthering privacy technologies, but we have to get profitable to do that, and it wasn't going to happen with the JavaScript client.

Red Emerald thanks for the explanation, I'll certainly add the option of having things indexed to other currencies available on other exchanges, it's certainly a good idea.

Nefario.
full member
Activity: 156
Merit: 100
Firstbits: 1dithi
January 22, 2012, 03:38:11 PM
#16
Subbing.

Am I the only one that is going to miss the existing java webclient ? Sad

You mean javascript?
hero member
Activity: 667
Merit: 500
January 22, 2012, 02:47:16 PM
#15
Am I the only one that is going to miss the existing java webclient ? Sad
hero member
Activity: 667
Merit: 500
January 22, 2012, 01:24:46 PM
#14
Will it be possible to peg shares to the dollar?  I would very much like to see that feature.

What?
I think he means rather than having prices set in BTC, have them set in USD using mt.gox rates or something. So I would say "my shares cost $6," your site would check mtgox to see that the average-weighted price is (or something like that), and if anyone wanted to by my shares they would pay with $6 worth of BTC.

meh - i'd keep USD (or EUR or whatever else for that matter) out of it!
hero member
Activity: 742
Merit: 500
January 22, 2012, 01:19:41 PM
#13
Will it be possible to peg shares to the dollar?  I would very much like to see that feature.

What?
I think he means rather than having prices set in BTC, have them set in USD using mt.gox rates or something. So I would say "my shares cost $6," your site would check mtgox to see that the average-weighted price is (or something like that), and if anyone wanted to by my shares they would pay with $6 worth of BTC.
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
January 22, 2012, 12:38:05 PM
#12
on the forums, will the ceo be able to get rid of spam and off topic posts?  also can there be two treads, one for any member to post and the second for only info from the ceo about stuff people need to know, sucks reading 19 pages of shit to learn two things. thx

I think what we will do is for each share have an RSS feed and thread for announcements for that asset, a general public thread, and a private one for shareholders only.

Share issuer would be the mod for those threads.

How does that sound?
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
January 22, 2012, 12:33:15 PM
#11
Will it be possible to peg shares to the dollar?  I would very much like to see that feature.

What?
full member
Activity: 148
Merit: 100
January 22, 2012, 09:03:31 AM
#10
Will it be possible to peg shares to the dollar?  I would very much like to see that feature.
hero member
Activity: 560
Merit: 500
Ad astra.
January 21, 2012, 04:03:34 PM
#9
Thank you very much!
donator
Activity: 4760
Merit: 4323
Leading Crypto Sports Betting & Casino Platform
January 21, 2012, 02:45:54 PM
#8
hero member
Activity: 560
Merit: 500
Ad astra.
January 21, 2012, 01:46:09 PM
#7
Following. I'm a newcomer to GLBSE; any advice/tips/tutorials?
hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
January 21, 2012, 05:44:47 AM
#6
Thanks for the feedback kronosvl, I'll incorporate those suggestions into it over the next couple of days and get that bug fixed.

Nefario.
full member
Activity: 134
Merit: 100
January 21, 2012, 05:24:09 AM
#5
Usability is definitely better than the current version however to be honest is still looks a little ugly. I personally look for something like bitcoinica or blockchain.info but I will use it regardless of how buttons look for example.

After I created an asset I wanted to issue shares. Maybe is just me but it took me a while (read more seconds than expected) to find the button.

% majority needed to....  -   I just read it in my mind '% of majority' instead of '% of issued shares'. We have here  every integer between 1 and 100 but probably should also have 0 and if the condition is >= instead of > then we should also have 50%+1.

I tried to issue more shares after IPO was a huge success (looks like people have faith in my company Cheesy ) without a motion (couldn't find it) although i have 60% policy for this.


And I got this:

Quote
NoMethodError at /trade/process_sell/M$
private method `move' called for #

    file: market.rb
    location: transfer
    line: 111

BACKTRACE

(expand)

JUMP TO: GET POST COOKIES ENV

    /home/nefario/glbse/app/models/market.rb in transfer
        btc.move(mn.user,total_price)
    /home/nefario/glbse/app/models/market.rb in process
        t=self.transfer(mn,mo,total_price,amount)
    /home/nefario/glbse/app/controllers/trade.rb in block (2 levels) in
        ms=MarketSell.process(current_user,a,params[:quantity],params[:price])
    /home/nefario/.rvm/rubies/ruby-1.9.3-p0/lib/ruby/1.9.1/webrick/httpserver.rb in service
        si.service(req, res)
    /home/nefario/.rvm/rubies/ruby-1.9.3-p0/lib/ruby/1.9.1/webrick/httpserver.rb in run
        server.service(req, res)
    /home/nefario/.rvm/rubies/ruby-1.9.3-p0/lib/ruby/1.9.1/webrick/server.rb in block in start_thread
        block ? block.call(sock) : run(sock)

GET

No GET data.
POST
Variable    Value
price    
"9"
quantity    
"5000"
ticker_symbol    
"M$"
and lots of other debug data on the same page

In conclusion is a huge improvement over current version.

Keep up the good work and thanks







hero member
Activity: 602
Merit: 513
GLBSE Support [email protected]
January 21, 2012, 04:30:52 AM
#4
when can we start submitting bugs or suggestions?

for example the withdraw address is not checked to see if it is valid

I can continue with other things if you think is not too soon for feedback




No no, feedback now is much appreciated. In terms of validation of user input there is absolutely none as of yet, so you can do things like putting in -10 and fake bitcoin addresses and so on. In my rush to just get this out there to the point of being barely usable I've had to put input validation on the back burner(will do this over the next couple of days).

Whats your opinion of the general layout and user interface?

Nefario.
hero member
Activity: 742
Merit: 500
January 21, 2012, 12:13:52 AM
#3
I dont have my computer right now, but as soon as I do, I'll check it out.
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