MPEx soon out of beta. | Bitcointalksearch.org

mila

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Quote from: MPOE-PR on April 10, 2012, 06:25:14 AM

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This is an oddity in the way GLBSE displays volume (which IMHO is
useless).

TBH I have a lot of trouble understanding the stats there, so maybe I just
misunderstand.

glbse volume stats at the moment show only the total trading volume of the asset since the 2.0 inception (or ipo if later than 2.0 went live)
we're still waiting for finer reports (list of trades, daily/weekly volume)

MPOE-PR

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Quote

This is an oddity in the way GLBSE displays volume (which IMHO is
useless).

TBH I have a lot of trouble understanding the stats there, so maybe I just
misunderstand.

brendio

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Quote from: MPOE-PR on April 09, 2012, 03:55:48 PM

Anyway, you keep talking about liquidity but for some reason you don't seem to notice that glbse has absolutely no liquidity to begin with. [email protected], [email protected] and [email protected] plus twenty bucks buys you a restaurant meal, and these are the top three right now. So in the end what are we talking about, you really think it's a big deal to beat 5 btc "liquidity"?

This is an oddity in the way GLBSE displays volume (which IMHO is useless). That column just displays the last trade. It is not a cumulative total. A better measure of liquidity would be, for example, 24 h volume.

jwzguy

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Quote from: MPOE-PR on April 09, 2012, 05:08:42 PM

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I believe the onus is on you to back up your claim

You are thinking in terms of collaborative research, which indeed works in the way you describe. We are not however having a competition to establish the truth here. A company made some determinations and explained its reasoning. The later part was not either necessary or common, but since this happens to be a pretty open company it tends to do that sort of thing. Whether you are persuaded or not by this is irrelevant, given the economical asymmetry: they have money riding on the correctness of their determinations, you do not. Seeing how research in general costs money, your position on the matter is dubious: sure, you may be unconvinced, but no, there's no "onus" in this context. Otherwise, time, by which we mean of course the market, will tell.

No, I'm thinking in terms of basic logic. The person who makes a claim (you) has the onus of providing evidence in order to support that claim.

It's true that whether or not I'm persuaded may be of no consequence to you, but since you made the post in order to promote your business, I'm guessing persuasion was indeed a motive.

All of your efforts to dance around a quite reasonable (and harmless) request for the basis of your belief aren't lending you much credibility. If you truly don't care about that, though, carry on.

MPOE-PR

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Quote

I believe the onus is on you to back up your claim

You are thinking in terms of collaborative research, which indeed works in the way you describe. We are not however having a competition to establish the truth here. A company made some determinations and explained its reasoning. The later part was not either necessary or common, but since this happens to be a pretty open company it tends to do that sort of thing. Whether you are persuaded or not by this is irrelevant, given the economical asymmetry: they have money riding on the correctness of their determinations, you do not. Seeing how research in general costs money, your position on the matter is dubious: sure, you may be unconvinced, but no, there's no "onus" in this context. Otherwise, time, by which we mean of course the market, will tell.

jwzguy

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Quote from: MPOE-PR on April 09, 2012, 04:32:39 PM

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I thought so too, but I was giving you the benefit of the doubt.

Haha original research is a crime now? Sad times.
(Do you have what to cite to prove the contrary, incidentally?)

It's not a crime, but if you've truly done some kind of statistical sampling to make this conclusion, please tell us the details. I would be very interested in that data.

I personally doubt that the bitcoin distribution matches your description. But I believe the onus is on you to back up your claim, not me to prove you wrong. Wink

MPOE-PR

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I thought so too, but I was giving you the benefit of the doubt.

Haha original research is a crime now? Sad times.
(Do you have what to cite to prove the contrary, incidentally?)

jwzguy

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Quote from: MPOE-PR on April 09, 2012, 03:55:48 PM

I think this would be original research.

I thought so too, but I was giving you the benefit of the doubt.

MPOE-PR

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You flaw is you assume just having a cover means you will have the "tip of the cone" while other services without a cover won't.

Wouldn't you say at the very least this is a novel concept worth giving a try? I don't think anyone is saying this is necessarily so, I think what's being said is that it may well be so. Sure, pecunia non olet and all that, but at the end of the day if you have two bakeries down the street do you want them both to be Panera?

Anyway, you keep talking about liquidity but for some reason you don't seem to notice that glbse has absolutely no liquidity to begin with. [email protected], [email protected] and [email protected] plus twenty bucks buys you a restaurant meal, and these are the top three right now. So in the end what are we talking about, you really think it's a big deal to beat 5 btc "liquidity"?

At any rate, just passed 50 registered members which I think renders the point moot. Unless you want to tell me there's literally thousands of people trading on glbse there seems to be very little significant difference.

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Citation needed.

I think this would be original research.

jwzguy

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Quote from: MPOE-PR on April 09, 2012, 08:41:11 AM

the thing with bitcoins is that they are not the very flat cone USD is. in BTC, you have a very cash rich top, and then nothing, and then a piddly base of ppl with 5-10 btc and less.

Citation needed.

DeathAndTaxes

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Gerald Davis

You flaw is you assume just having a cover means you will have the "tip of the cone" while other services without a cover won't.

That isn't proven. If anything a cover with insufficient liquidity will simply mean less of the "tip of the cone" will even make any account much less trade.

Now if someone like MtGox decided they wanted to specialize in large money accounts and decided to implement a annual fee and flatter pricing (1BTC + 0.1% per trade) they likely could get away with it especially if they used that annual fee to improve customer service. They already have a premium service and likely could retain the "big money". Their change in pricing would drive out the small accounts and allow them to focus on larger accounts. Now it may not be optimal but they could do it.

TL/DR:
Simply putting a $100 cover on a cardboard box isn't likely to make the "club" swarming with hot chicks.

I mean if $100 cover alone somehow attracts the big money then a $10,000 cover should work even better right?

Best of luck in your marketplace though having competition is always good.

MPOE-PR

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no cover bar tends to have more participants which is the only thing I really care about in this analogy.

I'll recycle an irc discussion, seeing how most people here don't irc:

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Apr 08 17:38:46    the thing with bitcoins is that they are not the very flat cone USD is. in BTC, you have a very cash rich top, and then nothing, and then a piddly base of ppl with 5-10 btc and less.
Apr 08 17:38:59    here you want to cater to the top not to the base, exactly opposite of usd, where consumer rules.
Apr 08 17:39:22    HEY
Apr 08 17:39:30    I am proud of my <5 BTC!
Apr 08 17:39:39    so no, having your assets with someone well known and respected is WAY more important than having access to 10`000 consumers fresh off bitcoinfaucet
Apr 08 17:40:01    BohemianHacks and that's all nice and fine, but business is business and there's no hearts there.
Apr 08 17:40:20    mircea_popescu: there is ♥
Apr 08 17:40:21    I know Cheesy

Apr 08 17:41:14    mircea_popescu: when you frame things in the "pointy cone" - understand better when you are coming from...
Apr 08 17:41:30    JWU42 its not even a pointy cone, it's a water tower.
Apr 08 17:41:47    Inverted Eiffel tower?
Apr 08 17:42:19    http://www.dmhs.org/map-photos/images/water_tower_new.jpg exact thing i mean JWU42
Apr 08 17:43:17    mircea_popescu: heh - yep. I know them - we sell the steel that makes them Wink

Apr 08 17:43:22    haha cool.
Apr 08 17:43:37    so yea, what matters most is remaining credible to the top.
Apr 08 17:43:50    the access to the base... it hurts nothing, but it's not worth sacrificing anything for.
Apr 08 17:43:52    yeah - so scale matters is my lesson
Apr 08 17:44:09    at least that's my understanding, which obviously could be flat out wrong.

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Sorry the link that was provided looks so amateurish.

Amateurish, sorta like pgp.mit.edu for instance? Maybe it's worth taking a moment to consider who the real amateurs are, on the interwebz.

vampire

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Quote from: MPOE-PR on April 08, 2012, 08:54:47 AM

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Yeah got no interest then. Even if it is free for me I doubt anyone is paying the $100 which makes it worthless.

Your judgment is flawed in the same way as saying "if this club charges a cover I've got no interest, there won't be any hot chicks there". Experience shows that it is usually the no-cover clubs that sport the sausage fests.

Hmm. Most of clubs control the ratio.... Cover or not.

Sorry the link that was provided looks so amateurish.

DeathAndTaxes

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Gerald Davis

I am not looking to meet hot chicks at an exchange. I am looking for max liquidity on assets. Charging a cover means less investors and thus less liquidity.

no cover bar tends to have more participants which is the only thing I really care about in this analogy.

MPOE-PR

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Yeah got no interest then. Even if it is free for me I doubt anyone is paying the $100 which makes it worthless.

Your judgment is flawed in the same way as saying "if this club charges a cover I've got no interest, there won't be any hot chicks there". Experience shows that it is usually the no-cover clubs that sport the sausage fests.

MPOE-PR

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lol rediculous glbse is much better

In what way?

rapeghost

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BitVPS will be listed on MPEx.

So if anyone wanted to get in on our profit powerhouse, now is the time to do it.

marked

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Quote from: abbeytim on April 08, 2012, 02:20:18 AM

lol rediculous glbse is much better

I wouldn't be too sure about that, given the complete clusterfuck that has happened since 2.0 limped to life.

marked

abbeytim

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lol rediculous glbse is much better

DeathAndTaxes

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Gerald Davis

Yeah got no interest then. Even if it is free for me I doubt anyone is paying the $100 which makes it worthless.

Topic: MPEx soon out of beta. (Read 2305 times)