[LTC-GLOBAL] The Litecoin Global Virtual Stock Exchange - Public Beta - page 5.

killerstorm

legendary

Activity: 1022

Merit: 1033

EMIF.LTC-TRADING -- In theory should be trading at least somewhere around IPO price, 0.50 IIRC. But dude haven't been communicating with us for a couple of weeks. On the bright side, he sent a good dividend on 2012-10-15. It corresponds to about 30% per year.

ESECURITY-SA, ESECURITY-SA2 -- with a current exchange rate issuer should be selling at about 3.3 LTC per bond, and since issuer haven't sold all bonds yet it's unlikely than it will go above 3.3 (assuming current exchange rate). However it is a great bond as long as you don't mind coupon fixed in USD

LTC-ATF -- here issuer forms price himself, and it's backed by calculation, so you might assume it's about right.

LTCI -- it is expected that fair price now is 0.64 (http://forum.litecoin.net/index.php/topic,676.msg1983.html#msg1983), but it might recover when other prices will recover (say, up to 1.0) since it just invests in other shares.

OPCU -- it is still doing IPO, don't expect price to go above 0.9 anytime soon. If you want to go out put an ask at 0.899, for example.

Liquid

hero member

Activity: 826

Merit: 500

Crypto Somnium

EMIF.LTC-TRADING
ESECURITY-SA
ESECURITY-SA2
LTC-ATF
LTCI
OPCU

Deprived

hero member

Activity: 532

Merit: 500

There's another issue which may impact some of the securities you're invested in (don't know which you're in, so can't say for sure).

Some securities didn't sell out at IPO and still have an Ask-wall up of unsold shares. When that happens the price MUST go down - as the unsold IPO shares form a ceiling on the price, so all trade has to occur below IPO price.

Also some of the assets on LTC-GLOBAL don't communicate at all with investors - so even if they're actually doing well it's hard for investors to have any confidence and the price will tend to fall.

Liquid

hero member

Activity: 826

Merit: 500

Crypto Somnium

Wait out the storm then Cheesy

Thanks bro

killerstorm

legendary

Activity: 1022

Merit: 1033

1. If LTC exchange rate will drop share prices are expected to go up.

2. It looks like market is fairly irrational now, you might wait a bit till it gets more rational.

It's possible that LTC exchange rate hike caused sell-off, considerable amount of litecoins have left exchange and what's left simply cannot keep asset prices reasonable. But if situation stabilizes you might see share prices recovering.

Liquid

hero member

Activity: 826

Merit: 500

Crypto Somnium

O right thanks

so will it ever go up in value lol, or should i sell now ?

killerstorm

legendary

Activity: 1022

Merit: 1033

Unless company isn't fully correlated with LTC its share price is going to go down when LTC goes up. To be fully correlated company needs to hold LTC and LTC-denominated debt with coupon fixed in LTC.

Otherwise it's hard to explain why value per share will go up.

Even for companies like LTC-GAMING and LTC-CHARTS which in theory deal only with LTC: why would we expect their revenue to rise?

Same thing happens on "traditional" exchanges: if dollar goes up stock market goes down, and vice versa.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: Liquid on October 20, 2012, 01:21:08 AM

just a quick question why is every stock/share i bought from the stock exchange 6 company's in total now significantly lower than what i paid for them ?

Lots of factors. I suspect it's because:

- GLBSE blew up.
- Bunch of the funds were dealing in GLBSE assets.
- Confidence in all the exchanges is down.
- LTC is up. Since LTC is up, all the companies that are valued in currencies other than LTC would naturally drop in LTC price.
- LTC mining difficulty is up. As difficulty goes up, LTC Mining stocks would naturally drop in price.

I think that should about sum it up?

Cheers.

Liquid

hero member

Activity: 826

Merit: 500

Crypto Somnium

just a quick question why is every stock/share i bought from the stock exchange 6 company's in total now significantly lower than what i paid for them ?

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: burnside on October 19, 2012, 04:47:23 PM

It's back up now.

Not a fun morning. The DDoS against ltc.kattare.com took out the frontend webserver. I'll be splitting the services up a bit over the next week or two.

Cheers.

Ahh, crap. It wasn't quite back. Had to update the firewall config. It was having trouble getting to people's wallets.

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

It's back up now.

Not a fun morning. The DDoS against ltc.kattare.com took out the frontend webserver. I'll be splitting the services up a bit over the next week or two.

Cheers.

DiCE1904

legendary

Activity: 1118

Merit: 1002

Quote from: gigica viteazu` on October 19, 2012, 03:40:16 PM

thank DiCE

no problem,

http://www.downforeveryoneorjustme.com/ltc.kattare.com

is actually down too aswell Huh

gigica viteazu`

sr. member

Activity: 458

Merit: 250

beast at work

thank DiCE

DiCE1904

legendary

Activity: 1118

Merit: 1002

Quote from: gigica viteazu` on October 19, 2012, 03:01:12 PM

is the site down ?

http://www.downforeveryoneorjustme.com/www.litecoinglobal.com

and

http://www.downforeveryoneorjustme.com/www.litecoinpool.org

gigica viteazu`

sr. member

Activity: 458

Merit: 250

beast at work

is the site down ?

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Quote from: killerstorm on October 19, 2012, 10:05:33 AM

Did I miss something? "BTC Trading Corp. Avarua, Rarotonga"

https://btct.co/security/ESECURITY-SA2

Hey, where'd you find that? That's the beta site.

I'll plug in some IP restrictions until it's ready to roll.

killerstorm

legendary

Activity: 1022

Merit: 1033

Did I miss something? "BTC Trading Corp. Avarua, Rarotonga"

https://btct.co/security/ESECURITY-SA2

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

Bug fixed. If you had exactly 10 LTC-GLOBAL shares it wasn't letting you vote. You had to have 11. heh. I fixed the conditional statement. Wink

burnside

legendary

Activity: 1106

Merit: 1006

Lead Blockchain Developer

There is now support for asset issuers to assemble and post their entire prospectus, or business plan, step by step.

Check out the "Contract & Prospectus" tab at https://www.litecoinglobal.com/security/LTC-GLOBAL for an example.

Hopefully this will help people determine the difference between a good asset issuer who has planned their success and an asset issuer that does not have a good plan.

Cheers.

420

hero member

Activity: 756

Merit: 500

Quote from: burnside on October 11, 2012, 12:11:17 PM

Quote from: 420 on October 11, 2012, 04:51:21 AM

been mining for hours and my balance still says zero

rate is 100khash

wrong thread?

This should help tho: http://ltc.kattare.com/about.php

Read the part about how PPLNS round scoring works.

Cheers.

thanks got it. its slightly fun to do it but not profitable with current LTC price and electricity cost

my balance did update

Topic: [LTC-GLOBAL] The Litecoin Global Virtual Stock Exchange - Public Beta - page 5. (Read 21364 times)