Bitcoin Forum

I'm curious if Nefario or anyone could explain how the various stocks on GLBSE are ordered? For instance, take MPOE.EFT (http://charts.glbse.com/markets/MPOE.ETF.html): currently it's position 14 (below the fold). It is however something like 3rd for freshness at this moment (as in, only two others had trades more recently), 4th for day volume (as in, only three had more volume today). The list doesn't seem to be sorted by 30 day volume either, so what gives?

Thanks.

I have also wondered this myself.  As best I can tell, the list (http://charts.glbse.com/markets/) seems to go off some sort of average between the 1-day and 30-day trading volume.  But that is just a guess.

Aha, so it wasn't just me being inept with the search function, this actually isn't known/documented? Maybe it's time we hear something official on this subject.

I've no idea as we rent the charts functionality off bitcoincharts.com

Sorry.

O? Seems like a pretty important thing tho. I've shot tcatm an email maybe he clears it up for us.

I wouldn't worry about it too much.  I think Nefario is doing away with these charts after GLBSE 2.0 is released.

Pretty much.

Also I've frozen this asset and locked the users account.

The only post I've found on it is the creators initial thread on the GLBSE forum. I had emailed the creator a day or two ago about ID verification but have not received a reply.

So until I've verified their identity this account and asset are not available to be traded.

Nefario.

So, Nefario: let me tell you how "your" site works:
Straight from the horse's mouth.

You're welcome.

As I'd said, charts.glbse.com isn't our site, it's a service we've rented from bitcoincharts to provide easy to understand charts for GLBSE.

And as has been mentioned, we'll be moving away from it to our own charting solution.

Is that wise? Bitcoincharts works and is familiar to the Bitcoin community. Why spend time on creating a charting platform?

That's the problem, it doesn't work great. You might not have noticed but on charts.glbse.com volume is measured in BTC as opposed to # of shares traded.

I'd rather not have the recuring costs and dependence on bitcoincharts (it's fine for normal bitcoin exchanges, GLBSE however is a little more complicated than a bitcoin exchange).

Wasn't this very forum going to rewrite simplemachines from scratch? Bitcoin people love to build.

As far as I can see it's measured both ways. In the markets (http://charts.glbse.com/markets/) section, the 1d and 30d volumes are displayed in large font for number of shares, and in small font for number of BTCs. In summary there is "volume" which is number of shares, and "volume in currency" which is number of BTC. In the charts there's a checkbox to choose "volume in currency", which when unchecked gives shares.

The only problem I see is with the label, in "summary" the volume says "6 BTC" instead of "6 shares", but the number 6 is the number of shares.

Can you explain some of the deficiencies?

I would like to see a company's dividend % in the quote.  I'd imagine this would be one of the positives if the GLBSE took over charting/quotes.

This gives me an idea, it would be nice to see a chart of (exchange rate + total of dividend per share paid so far). This way we can see how well someone who bought a share at a given point in time fared.

Also the charts don't display the total number of shares issued, which is a handy piece of information. Maybe even a chart of total issued.

BTC seems a pretty good measure of volume in any case.

in this context it is a bug in the charts and not a good measure.

As I said it looks like there's no bug, it displays either shares or BTCs according to your choice, what am I missing?

Recent Trade Volume fro the 'Trade history' page
has columns 'Interval'    'Volume (BTC)'    'Volume (BTC)' '# Trades'    'Weighted Price'

first volume is in number of shares, not btc
second volume is ok, value of traded shares

and the volume of traded stock is shown with .00 two decimal places as if fractions of shares would be tradeable

As I said it's just a problem with the label. It's not pretty or anything, but you can still get the data about number of shares traded, even if they're labeled as "BTC". And I'm pretty sure it is solvable in the bitcoincharts platform if properly configured.

IMO fractions of a share should be tradeable on GLBSE.

From a technical standpoint, shares are whole positive numbers, decimals and fractions are not supported.

Nefario.

can you clarify something for me please? i've yet to submit an ipo to glbse, so i dont' completely understand how the infrastructure works. if i want to create a profit sharing program with my share holders, i would obviously have to have some kind of financial data to provide to my investors. i know how i would create the financial data, but how do i setup a system to provide a portion of my profits to the investors. do i simply fund the glbse account with bitcoins and the price of the stock will go up? i figured i would simply submit an ipo and figure it out from there, but if you could help me understand it before i do that, it would put me at ease. thx in advance

I'm not exactly sure what you're asking.

Are you asking about paying dividends to holders of your security?

i guess what i'm asking is how basic market principals work. say i have distributed 200 shares. my website generates $100 in one cycle (100 is a nice round number) i want to share $33 dollars to my share holders (33%) so, 200 / 33 = about 6 dollars. how do i increase the value of the shares by 6$ a piece? or am i going about this the wrong way. should i provide dividends instead? if so, how do i adjust the dividend to match the profit sharing percentage (33% of $150, or $200 depending on how much i make in a cycle)

Firstly, your math is wrong. $33 split amongst 200 shares is $0.165 per share.
Secondly, you don't determine what the value of your shares is, the market does. Once someone has already purchased shares from you, your options are dividends or offering to buy them back at a higher price.
Third, paying dividends at GLBSE is as easy as entering in the amount to be distributed to shareholders and clicking the "Pay" button from your asset control panel.

see that's where i was confused. it's not fixed, right? you can pay as much as you want when every you want through dividends? if that's true, then i can post the financial data on the website and issue the dividends based on the data.

Correct.

righteous!  ;D