Market Makers | Bitcointalksearch.org

rdponticelli

sr. member

Activity: 325

Merit: 250

Our highest capital is the Confidence we build.

Quote from: EskimoBob on October 10, 2012, 03:12:10 PM

We been going on about it for 2 days or so

, how bring the "real coin" (LTC, BTC etc) to the OT market and this solution is a good start.
As we talked about it in IRC, I am willing to pick up a small scale LTC and/or BTC market maker role and also issue some "Petal's".
Forget "shares" and "bonds" and what not. I do not want anyone to get confused and think they own actual "shares" in any real and legally registered (incorporated) entity.

"Petal" is a nice shape this word can not be confused existing financial instruments like stock etc.

Can you move this to Securities sub forum?

lol

Why not to a "flowers" subforum, or at least a "corollas" one? Grin

EskimoBob

legendary

Activity: 910

Merit: 1000

Quality Printing Services by Federal Reserve Bank

We been going on about it for 2 days or so

, how bring the "real coin" (LTC, BTC etc) to the OT market and this solution is a good start.
As we talked about it in IRC, I am willing to pick up a small scale LTC and/or BTC market maker role and also issue some "Petal's".
Forget "shares" and "bonds" and what not. I do not want anyone to get confused and think they own actual "shares" in any real and legally registered (incorporated) entity.

"Petal" is a nice shape this word can not be confused existing financial instruments like stock etc.

Can you move this to Securities sub forum?

markm

legendary

Activity: 2940

Merit: 1090

As you may already know, I operate an Open Transactions server.

Basically it lets people trade tokens that represent assets.

The actual assets include such things as bitcoins, devcoins, namecoins, groupcoins, ixcoins, i0coins, litecoins...

I am not eager to spend all day processing bailing-in of such assets and bailing-out of such assets.

Thus I am interested in establishing market makers... people who buy tokens from users and sell tokens to users.

This is quite a normal arrangement, e-gold used to do it, I think Liberty Reserve does it, basically it lets the vault concentrate on being the vault, the transaction server concentrate on being the transaction server, and the market makers concentrate on getting people into and out of the market.

Established, trusted people in this particular subforum seem the likeliest candidates among the denizens of these forums so I thought I'd enquire here first. Mods, feel free to move the thread to a more on-target locale.

Does this seem like a reasonable idea?

Is it something the "bankers" here might be interested in?

-MarkM-

Topic: Market Makers (Read 1581 times)