Bitcoin Forum

Economy => Securities => Topic started by: zumzero on January 16, 2014, 04:11:53 PM



Title: Trading Platforms - Active Mining shareholders poll
Post by: zumzero on January 16, 2014, 04:11:53 PM
Please only vote/post if you are an Active Mining shareholder or intend to become one.

This is a three day unmoderated poll and results will only be shown after you vote.

If you chose option 3 please be sure to post below so we can get an idea of a percentage split between CT and CC.

E.g. "50% CT / 50% CC"

Lets assume equal liquidity on both exchanges to help with continuity for those choosing option 3.

If you chose any option other than 3, please do not post percentage ratios below but feel free to comment.

Also, feel free to discuss the merits of your choices below.

Thanks for taking part, I will post the results on the ActM thread in three days time.  :)



Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: zumzero on January 16, 2014, 04:12:48 PM
30% CT / 70% CC


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: VinceSamios on January 16, 2014, 04:20:05 PM
I would like an option for Direct Shares only.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: zumzero on January 16, 2014, 04:23:49 PM
I would like an option for Direct Shares only.

Okay will amend and reset voting......


Done.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: damiano on January 16, 2014, 05:13:18 PM
Long term solution is CC

Short term CT


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: toastee on January 16, 2014, 05:31:16 PM
Long term solution is CC

Short term CT


Ken has already said we only have the resources to do one. I'd rather wait for a long term solution with no risk of seizure by the Chinese.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: canth on January 16, 2014, 05:37:39 PM
Voted. Put it on crypto-trade.

(edited - typo'ed the name)


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: VinceSamios on January 16, 2014, 06:02:20 PM
People voting for coloured coins obviously don't realise how new that technology is.... I'm not comfortable trusting $xxx,xxx to something which needs a good few years of hardcore testing to find issues/bugs/vulnerabilities.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: minerpart on January 16, 2014, 06:03:11 PM
I don't think you will be getting equal liquidity across two platforms when the shares are not equally split. What you will get is the bitfunder/btc-tc situation. It looks like perhaps 30% of the shares could end up on CT but I'm not sure those with their shares on there will be happy for long if the market there is slow and prices lower than on CC network. Unlike btc-tc there will be no other investors on CT to bump demand up - the place is very quiet.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: zumzero on January 16, 2014, 06:08:10 PM
It seems people are reluctant to post the percentage split they would consider if they were able to list their shares on both CT & CC.  I can understand why someone might want to protect that information, but certainly for me, if I thought there was a chance that, say CT would struggle for liquidity I would go 100% CC.  


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: damiano on January 16, 2014, 06:13:45 PM
Long term solution is CC

Short term CT


Ken has already said we only have the resources to do one. I'd rather wait for a long term solution with no risk of seizure by the Chinese.

CT is in HK I believe.  We should be safe there.



Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: minerpart on January 16, 2014, 06:19:41 PM
damiano look up HK. It is an ex UK dependency that was returned to Chinese rule in 1990s I think. It's under Chinese control although they are largely hands-off by prior agreement - that only would relate to the traditional FIAT system, not such a disruptive tech. They could close CT no problem if they saw fit. They closed down that Garden setup so they have history. Yes btcChina is allowed but a minor securities exchange? They have had one exchange in China rip off users already.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: R_Lem on January 16, 2014, 06:59:51 PM
Voted CT.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: damiano on January 16, 2014, 07:00:45 PM
damiano look up HK. It is an ex UK dependency that was returned to Chinese rule in 1990s I think. It's under Chinese control although they are largely hands-off by prior agreement - that only would relate to the traditional FIAT system, not such a disruptive tech. They could close CT no problem if they saw fit. They closed down that Garden setup so they have history. Yes btcChina is allowed but a minor securities exchange? They have had one exchange in China rip off users already.

I just don't feel CC will be ready by the end of this month.  What is someone terribly goes wrong?  It's a great idea, but a security of this size shouldn't be the first to go at it.

What about cryptostocks as a temp home?  We already have an asset listing there.  When my PETA-MINE and Labscam shares got sent there it was a breeze


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: damiano on January 16, 2014, 07:01:57 PM
Also I am not in favor of Direct Shares.  I want to be able to trade and play swings.



Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: tiaguitah on January 16, 2014, 07:02:53 PM
I vote, Colored Coins!


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: WildFire.ca on January 16, 2014, 07:13:17 PM
CT 25 / CC 75


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: pedrog on January 16, 2014, 09:02:44 PM
Is listing on Havelock an option?


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: gogxmagog on January 16, 2014, 11:59:55 PM
ColoredCoins only.
Once the initial user uncertainty is overcome, this will seem the natural choice.
For those still wary of CC, remember when you first got into Bitcoin itself? Remember the learning curve you had to surmount? This will not be nearly as difficult. Go to ChromaWallet website and read a little. It's not so bad. Besides, in a year's time CC will be the ONLY way to deal in BTC securities and you will be all set to rock n roll!


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: arousedrhino on January 17, 2014, 04:36:18 AM
Why does anyone want to be listed on CryptoTrade? It will just get shut down like BTCT & BF. Then we will have to use Colored Coins. Lets just start using them and not worry about if the site will be up tomorrow or shut down due to the operator for some unknown reason.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: damiano on January 17, 2014, 06:27:51 AM
Is listing on Havelock an option?

Shit I forgot about them .

Good idea

They have the most liquidity as we'll


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: chris360 on January 17, 2014, 08:35:59 AM
I know time frames are very hit and miss,

Is there any idea of a time frame between CC and CT?
I can't fined this discussed between the two anywhere. I think its a a large contributing factor.
I am fed up of waiting to trade and would prefer the quickest solution, however I am willing to wait a two weeks longer if that's the difference between the CC and CT.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: babybonobo on January 17, 2014, 08:41:18 AM
CT is good shorterm...but I wouldn't waste my time with that once CC is available.  I prefer CC.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: equipoise on January 17, 2014, 12:41:33 PM
Is listing on Havelock an option?

Shit I forgot about them .

Good idea

They have the most liquidity as we'll

Havelock is the closest to legal securities market also with better liquidity then CT. I hope Ken have a good reason to chose Crypto Trade instead of Havelock Investments.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: MPOE-PR on January 17, 2014, 04:03:46 PM
Moving on to splitting our brooms and making new threads to cover ourselves when our nonsense is called out, are we?

Colored Coins... that way if all goes to shit I can at least claim to have some of the first shares ever distributed in a decentralized manner using colored coins.

I like the idea of colored coins. However, it seems we would be beta testing colored coins with our shares. Is this a good idea? What if there is a bug? How will this get fixed. Is this a good idea to be beta testing with shares?

Decentralized solution that is in beta vs. a repeat of GLBSE/BTCT/Bitfunder/etc.

I feel more secure with the former, personally.

The divide is not about decentralization vs centralization. The divide is about shitty non-stocks that operate on shitty non-exchanges (https://bitcointalk.org/index.php?topic=130117.msg3489015#msg3489015) as opposed to actual businesses (http://mpex.co/?mpsic=S.NSA) that trade on a real exchange (http://mpex.co/). So long as what you've got is a bucket of failure, it will fail no matter what sort of wrapping you try to put on it.

Losing coins sucks. Continuing to hold onto your buckets of bullshit after the ineptitude of the operator has been amply demonstrated is nothing short of retarded. And in clutching your bullshit in an attempt to believe for another day that you didn't make a wretched, screaming, ugly mistake, you're adding to the mountains of shilly, uninformed but over-enthusiastic bullshit new people have to wade through in order to reach a single sentence of sense. You're not just screwing yourselves, you're slowing the progress of newcomers.

Learn some responsibility (https://bitcointalk.org/index.php?topic=106391.0) ffs.

This problem isn't going away.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: zumzero on January 17, 2014, 04:29:13 PM
Moving on to splitting our brooms and making new threads to cover ourselves when our nonsense is called out, are we?

Colored Coins... that way if all goes to shit I can at least claim to have some of the first shares ever distributed in a decentralized manner using colored coins.

I like the idea of colored coins. However, it seems we would be beta testing colored coins with our shares. Is this a good idea? What if there is a bug? How will this get fixed. Is this a good idea to be beta testing with shares?

Decentralized solution that is in beta vs. a repeat of GLBSE/BTCT/Bitfunder/etc.

I feel more secure with the former, personally.

The divide is not about decentralization vs centralization. The divide is about shitty non-stocks that operate on shitty non-exchanges (https://bitcointalk.org/index.php?topic=130117.msg3489015#msg3489015) as opposed to actual businesses (http://mpex.co/?mpsic=S.NSA) that trade on a real exchange (http://mpex.co/). So long as what you've got is a bucket of failure, it will fail no matter what sort of wrapping you try to put on it.

Losing coins sucks. Continuing to hold onto your buckets of bullshit after the ineptitude of the operator has been amply demonstrated is nothing short of retarded. And in clutching your bullshit in an attempt to believe for another day that you didn't make a wretched, screaming, ugly mistake, you're adding to the mountains of shilly, uninformed but over-enthusiastic bullshit new people have to wade through in order to reach a single sentence of sense. You're not just screwing yourselves, you're slowing the progress of newcomers.

Learn some responsibility (https://bitcointalk.org/index.php?topic=106391.0) ffs.

This problem isn't going away.

Any more from you and I will become your own personal remora.  It's your choice, I have plenty of time on my hands.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: damiano on January 17, 2014, 05:32:55 PM
Is listing on Havelock an option?

Shit I forgot about them .

Good idea

They have the most liquidity as we'll

Havelock is the closest to legal securities market also with better liquidity then CT. I hope Ken have a good reason to chose Crypto Trade instead of Havelock Investments.


Yeah plus they in Canada and owned by some entity in South America so I think were safe

But the liquidity factor is important.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: JimmyJazz on January 19, 2014, 02:16:28 PM
Colored coins as long as we are sure there will be no problems.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: VolanicEruptor on January 19, 2014, 03:40:43 PM
These shares aren't worth anything so lets not trade them.  Too much work for a few satoshis.


Title: Re: Trading Platforms - Active Mining shareholders poll
Post by: joele on January 20, 2014, 02:49:48 PM
Let colored coin matured first, I don't want my shares to be the guinea pig.