Bitcoin Forum

With GLBSE 2.0 finally out the door I want to start planning for the next phase, improvement. I am limited in time so I would like to know what do you think are the most important features to add onto GLBSE?

Account to account transfers?
Single bitcoin address for deposits (as opposed to the one address per transaction)
Require email approval before address change
Chart organisation
Ability to edit a contract and share page

If you can think of them, add it to the list below. I'm going to be traveling until Thursday so won't be able to begin implementation of features until then, in the mean time argue them out here.

Nefario.

Lines around text boxes visible in Chrome, ability to change the name of accounts.

Also, how are the charts ordered? It would be nice for the active ones to be on top, then the rest alphabetically.

I can see those with a pool or others who get payouts wanting a static address, but others don't necessarily want that -- for privacy reasons.  So hopefully it isn't mandatory.

What is expected though is that there is a history of bitcoin addresses assigned to my account.  Or at least some register of transactions showing previous deposits and withdrawals along with the bitcoin address for both deposits and withdrawals.  Additionally, would like to see "pending" or "not yet confirmed" status on deposits where the transaction has not yet confirmed.

To be able to see my total BTC balance on every page.

only display the terms of the asset contract instead of full contract copy published at the bottom of the asset view page
p.ex. https://glbse.com/asset/view/BG vs full contract as external document, linked from asset view page. .

that would solve both problems
- viewing the full contract would be more like in 1.0 (external file, well formatted for viewing)
- the asset view page would display the most interesting part with the technicalities put aside

also bring back https://glbse.com/assets as contract index and central linking point

also btc blocked / available from the btc  balance? //there's this line 'Account using' and if this would be added next to it, it could be more detailed than just balance.



also support the request for _optional_ static funding address (in addition to new address per each deposit)

- mark a ticker as favorite and have a favorites page
- filter box on tickers page and filter on each keypress
- email when an order is fulfilled (if is not implemented already)
- for some reason lastpass is acting out on login page and sometimes it fills the email/password fields but on login I get a invalid username/pass

also (from my notepad )
- refining of dividend payment (add options to the default 1. "pay total" 2. "pay per share issued" 3. "pay per share to all shares issued" )
- improvements of asset management (destroy shares, add new shares), allow edit links in the asset view page to its other resources online (web, forum, twitter, etc)
- gui tweeks (history with pagination, design mods)

With all most of these changes the exchange will be awesome, which will leave a good impression of the Bitcoin community on people getting into it solely for investing.

Orderbook View
I'd like to see BUY orders on the lower left, sorted from HIGH to LOW
I'd like tio see SELL orders on the upper right, from LOW to HIGH
much like so:
http://gajowiy.com/wp-content/uploads/2011/07/08-07-2011-14-29-42-Orderbuch.png
but with even more info, eg accumulated volume for each order level with AVG price.

Watchlist
I don't need to see all the crap that doesn't trade, so I'd like to make my own watchlist.

Issue Contract
Please show once in "Plain HTML" and link to the XML doc.

Portfolio View
Please show avg price at which I bought the shares
Also show P&L (calculated over BID price of asset)

Fees of IPO
Allow to distribute cost of IPO over shares sold

more to come :-D

+1

Market Segments
These don't need to be hard-coded into the contract or the ticker symbol but could be used to easily differentiate stocks.
for example, there could be

• Mining
• Bonds
• Managed Funds and ETFs
• Goods and Services
• Financials

Assign Ticker Symbol suffixes relating to Issue
There should be a mandatory discriminatory suffix to the tickers to differentiate.
So bonds should be TICKER.BND
ETFs could be TICKER.ETF
Funds could be TICKER.FND
Companies could be TICKER.INC
and whatnot.
Example in the current situations:
TyGrrrr.INC
TyGrrrr.BND

-there should be an button to generate a new bitcoin address instead of it generating on its own. You should see a list of all your deposit address and be able to see the deposit history for each address
-lines around text boxes
-limit ticker length 5 chars? (before the .suffix if there is one, so ABCDE.ETF etc..)
-account history
-BTC balance on every page
-an OPTION to get emails when order is fulfilled
-account to account transfers

Don't reserve bitcoins.  As stated here (https://bitcointalk.org/index.php?topic=60489.msg820992#msg820992)

Have a check that makes sure the buyer has enough bitcoins but allow them to make multiple orders.  So if they have 100 bitcoins allow the buyer to make unlimited bids up to 100 bitcoins.  If an order is filled that lowers the amount of bitcoins in their account then cancel any other outstanding orders that go above that amount.  The order book seems to be really light on bids.  This is because once someone has some shares of an equity the only thing they can do with them exchange them for bitcoin, but with their bitcoin they can exchange them for any equity.  Since GLBSE has low volume there may be a long wait until a bid order is executed and until that order is executed the bitcoins on reserve are locked up and not working.

^ +1

definitely +1

On the Portfolio section, have the Bid and Ask in the Asset section next to the contracts owned.  Also when going to a contracts page, have it show how many shares I currently own of that asset and/or if I have any outstanding orders for that contract.

Also, have the the respective contract listed in the Fees Paid section.

It would be nice to be able to export all transactions, dividends, and fees paid in a .cvs file.

...again!

OCO order


One Cancels Other

BUY 1000 A.ETF @ 0,1  OR  BUY 100 B.ETF @ 1

whenever one of these orders gets filled, the other gets cancelled.
if one order gets partially filled, the other order  gets modified accordingly

Make it looking serious,please.

this ^^ is more elegant than what I described here --v

https://bitcointalk.org/index.php?topic=60489.msg818925#msg818925
how limits on 'overlapping' buy orders could be used

I really like the way it is now, hard checks of available btc when placing buy order & reserve them for as long the order is open.
no maybe/maybe not bids make trading more reliable.

would you be willing to 'pay more fees' for "overlapping orders"?
and no way with unlimited buying as it was in 1.0 but with a cap of 2x or 3x (?) of available funds
and in case of a buy order all your other buy orders would get adjusted to remaining bitcoins

(also if you'd have income from other sales, those could be added to your trading purchasing power but only if you say so in the sell order.)
you may want to sell shares A and use the bitcoin to buy something else (thus allow income from this sale to be blocked for future buys)
you may want to sell shares B and no way those bitcoins should return to the market, thus keep them away from reservations.
1 checkbox in the buy/sell order would solve this (the visible part)

Looks like this has been done, but the bids should be in the opposite order.

Was just about to say that! :D

Ooops, fixing now.

Done, sorry about that :P

Looks good.

we've got account to account transfers now. It's not terribly nice but it works and will be improved.

Nefario.

and the prices should be in 1 column rather than 2 ?

EDIT: any idea of how ones own orders could be incorporated into this table, like in brackets in the volume columns for example?

EDIT2: while you're at it nefario, can you reduce cell padding, it seems overly high to me?

Sure I'll see about showing your own orders in the table.

hot dog. Im not sure if you changed anything but I have lines around my texts boxes, assets are properly color coded, and more, all the CSS is working.

could we have last + volume and bid/ask next to each currently held asset?

Glad you're happy.

Also of interest I've just added account recovery via email (the one used to sign up).

This does mean that if your email account that you used to sign up with is compromised then your GLBSE account will be too. It is you're responsibility to secure both your GLBSE account and email, failing to do so will probably result in the loss of all your GLBSE stored funds, which we will not be held accountable for.

Nefario.

Perhaps the ability to toggle this feature? I really like having an Über password on GLBSE, and a normal one for my mail.

2.0 is turning out rather well though.

One other thing that would be super helpful - A "Change" Button on each outstanding order to cancel/reorder in 1 click

would love to see "dividend per share" or "your share count at the time" in the dividend history

I'll be able to add this once I add shares at x time, which records how many shares of what asset you had at any particular time.

Right now slaving away to add two factor authentication, so goat doesn't have anything to complain about when he wakes up.

I'm just hoping this is not a pretext of him to pull something nasty. I trust him quite a bit (for whatever reason), hope that wont have to change.

You seem extremely busy these days/weeks. You're probably going to tell me you're always busy, just not that visibly... Don't have a heart-attack anyway. You're doing great work!

I would like to see daily (or prev 24 h) high, low and volume (and volume-weighted average would be an added bonus) in the share list. Also, could there be a link to see complete trading history of an asset?

A list of the volume and time that trades were executed would be nice.

Perhaps some sort of DRIP (dividend reinvestment plan) could be created. Either one that reinvests dividends into the stocks/bonds they came from or a plan that reinvests all dividends into a selected stock/bond.

Also, I know security is a big concern, which is great, but it would be nice to have some mobile access to the site. Perhaps a mobile web page vs a full app to start. I would be willing to pay for an app though.

Those are my ideas to add onto your already great product.

http://p2pool.info/

please have a look how p2pool uses the stats to show 2 values in the same table.
could it be used to track traded volume at current price?

I think after I fix some bugs, I'll implement this, and include a CSV of users entire GLBSE 1.0 history.

That way we'll have the history sorted out.

Nefario.

The GLBSE forum doesn't have a "forgot my password" or any other way to reset it, as far as I can tell.

Easy one: The ability to specify a time and date (in the future) for dividends to be paid.
Harder one: Implementing ex-dividend times such that dividends can be paid according to holding at a specified time (in the past).
Optional along with above: Ability for asset issuer to purge orders and halt trading prior to a major announcement or dividend payment.

Extra nice one: Official Announcement board on GLBSE for price sensitive information.

Note that none are these are things that a normal stock exchange doesn't have.

JSON support for current account balance and shares held.

The ability to update the company details for my company.
https://glbse.com/asset/view/MERGEDMINING

oh yes, an API, so we can buld a better site ;) (sorry nefario, but the site really needs some layouting/design work in my mind), maybe convert to twitter bootstrap that everyone seems to use these days?

 :'( .... ok

The ability to send mail to all shareholders of an asset you own would be nice.

+1, reported backed in February had no response about it.

marked

thought that was what the (forthcoming?) rss feed was for?

marked

Missed that.

Fixed bitcoin address(es) for paying dividends to certain groups of shareholders, so it's easier for asset owners to pay their dividends.

Something like:

Asset1:
Pay all shares: 1asdf...
Pay all shares except the ones owned by the issuer: 1sdfg...
Pay only shares owned by the issuer: 1dfgh... (though I don't know what this could be good for, maybe for donations?)

This would make it easier to schedule dividend payments - as soon as the transaction is confirmed, pay out the money.

Also, especially for the "mining bond" type of assets, this would make it possible for share holders to see if there is a short/direct trail to recently mined coins which in turn could make such a bond more trustworthy.

Wave to the API thingie by the way, timestamped sales and orders would be really great to have to enable 3rd parties to come up with great statistics and other tools on their own, that in turn might get integrated on your site as well.

^ -1
If you want to announce something make it public, so people who want to buy the asset know it too.

It would be nice to be able to direct current shareholders attention to those announcements so no one misses it though, wouldn't it?

The ability for asset owners to upload a company logo.

An ability to register an "emergency wallet address". It is not a wallet for dividends, but you can use your daily one as well (if you do not care about anonymity). Allow asset issuer to view a list of holdings with only "emergency wallet address" and number of shares. Asset issuer is supposed to download it and periodically (daily) back up. Should it ever happen that someone raids you and crashes your server than asset issuer can make a public call for stakeholders to claim their stakes. Each stakeholder would than sign a request with their "emergency wallet" and email to the asset issuer.

Not a bad idea.  If this could be setup to automatically email the asset issuer on a daily basis, I would use it.  It would also be a good way to verify people who claim they hold a large amount of shares and try to give input on the direction of the company.

ask / bid per asset available as a 'ticker' - not sure what the name should be but something like
call to http(s)://glbse.com/asset/view/ABC/summary
would return {ABC; 0.26060004; 0.2999}
instead of having to check the whole web page to see if someone put a sathoshi higher bid just a simple check ; )

This would be part of the API

how far off are we from having an API?

The next update, GLBSE 2.1 is what I'm calling it.

Will have a few new features (not many, but the API will be one), a new face, bugs removed, and improved charts.

Some totals of currently displayed information might be a nice touch.  On my account, I'd like to see total fees paid and it would also be cool to see the total amount of BTC volume on the exchange on the "shares" list.

EDIT: Might I also say that I am quite impressed at the speed in which you are improving the exchange.  I keep throwing up new feature ideas, mostly because you keep adding them so quickly.   :)

GLBSE 2.1 is going to be a big improvement.... looks wise, and should be much more usable.

would also be cool to have a "total assets" amount like the normal brokerages too.  ie:  something that adds up your holdings according to the current bids, one for each asset, then cumulatively. 

I vote for making it look a bit more 'slick'. Looks a dogs dinner right now.
Go get a graphic designer on the case :)

 :'(

+1 another great idea.  Although I think it should be based off of the "last" price instead of the highest bid price.

what about refining contracts / assets as such?
might be not trivial change like improve reporting or display the books but ...

nice to know which asset is a share in a company, which is a bond, which is a fund
they could have then type induced special features

please do not dismiss it right away, it could start with a simple label (share/bond/fund investment) and feature could follow, just to root this design feature or at least think of it how it could fit in
(this might be important for future assets, p.ex. they should have different IPO rules if glbse is to mimic real world markets)

I was going to add simple labels, and from there add special functionality.

A "news" source, that states announcements of new IPOs scheduled and on IPO day a summary of issue coming off the block.

Maybe just publishing it in a @BitcoinGlobal (http://twitter.com/bitcoinglobal) tweet would be sufficient for the level of activity the service has now.

Now don't give me that!

:D

I'm no designer, but the look of the site does affect people's opinion of the stability and professionalism of the business.

One thing that bugs me is the use of the red and green in the table. Maybe play around with different shade, like you can here: http://colorschemedesigner.com/#0041ZnTu-w0w0
Also, the black background on the non-trading assets is a bit jarring. Maybe change that to a dark blue-grey?

More pictures (relevant ones, not just for fluff) might help. Some icons, and maybe a little more padding on some places.

Switching to Twitter bootstrap, and thats actually a good idea on the colours.

And site status as well ... for things like:


 - http://www.downforeveryoneorjustme.com/glbse.com

IPO form, can we get 'preview' button?

to see (safe draft) how it will look like, what values are entered, how the contract layout screws up while saving, what date/time will the IPO probably happen ...
 ... before we confirm (and spend 8 btc fees) and loose the chance to edit

I would really love to see the google token two factor authentification in order to authorize buy / sell orders.

Any plans here?

Really?

It wouldn't be hard to add but would people really want that?

Please tell me it won't be a stock copy of bootstrap.  Also, when will we see such a design change?  Will the dev site be brought back up?

Dev site going up today, it's the last thing I will do before going to bed.

Actual launch of new site is this Friday.

Just imagine somebody is holding several thousands of bitcoins or stocks worth of that value.

If account get hacked, the hacker cannot transfer the money directly to another wallet but here are some scenarios how he could do it with a workaround:

- Hacked account holds a BTC balance
Hacker uses a 2nd GLBSE account and transfers the money via buy / sell orders on inactive / zombie stocks or even creates his own stock

- Hacked account holds shares
Hacker sells all shares (even under value) and does the same as described above

Maybe you could make the token for buy / sell orders optional. I would really love to see that feature in terms of security!

Yes it would be optional, and I understand the scenarios where it would be useful.

I wouldn't mind having the option to lock my BTC withdrawal address.

^ +1
Make it a time delay option. When you change withdrawal address it will not become effective for 7 days (or any other set period).
Also during this period, after each login show a prominent message that such change is pending.

multi-line order entry?

let's say I want to offer shares for sale like
100 @ 0.90
100 @ 0.95
100 @ 1.00
110 @ 1.10
120 @ 1.20
(a fixed rows count table would do, let's say 5 entries at a time should be enough for now ; ))
and make it 5 rows for both sell / buy. adding liquidity ; )

now when creating an order I get every time redirected back to my portfolio and have to either scroll down to the asset and hit buy/sell or click the asset's view page and then buy/sell. glad i can remember which asset i was trading but also this might become an issue with time.

it would be kind of advanced gui feature but makes sense even in basic setup. & i hope there are other active users who would appreciate that.

hands up, please!

o/

I'd like to see timestamps at orders (or at least have them ordered by time submitted) - important for "auction style" IPOs like the PPT.a/b/c... IPOs. Also: If there are in total 5000 bids @1.0BTC each and only 2000 shares are sold, does GLBSE indeed pay the ones first that are the oldest orders or in any other (random?!) order?

Also it would be great to have my own orders on assets in bold and orders by the issuer of the asset in italic (or something along these lines)

afaik 1) works like that. you see your own orders sorted by timestamp (mixed by asset but sorted by timestamp). no need to see timestamps of orders of other users. they should be however matched oldest first (at same ask/bid price)

2) it's been requested, to have own orders marked so
not sure if labeling issuer's orders makes sense (i see why it might be interested to know what is a buy back order from issuer but not sure if that's standard out there in real world)

please explain in more detail

I think it would be very useful to have the following info on portfolio page:

• 3 additional columns for each portfolio position: 1) weighted price I paid for it; 2) the actual highest bid for it; 3) estimated profit/loss (the difference between 2 and 1 times amount).
• the estimated value of portfolio (including btc balance)

+10000

@mila
1) "should" is also what I think, but my offer on https://glbse.com/asset/view/PPT.A for example is in a spot that I think does not represent the time it was posted - I just posted a second buy offer and now the ordering of all the 1.0BTC offers is completely different than before.

I don't need to see timestamps, but it would be nice to at least see it like "first the ones on the top get sold and then lower and lower until the bottom/last share". Right now it is in no way clear how good my chances are (well, they are fairly high, if it really is just about timing...) of getting a share if they would for example only sell ~500 shares, matching not all 1.0 offers.

2) I guess it would jsut be nice to know if you're buying from the issuer or someone else I guess...

Currently asks and bids are ordered on price alone on the assets page (the view/table of orders).

When actually matching orders price is the first factor, and then when prices for orders are the same, the time of the order (with older orders being first). This isn't shown on the orders table though and will be fixed with the update this Friday.

hm. ok, this description is something i can work with. if you can/want, go to dev.glbse.com, please
create two accounts and try to bid on an asset (altering those accounts and use different quantities at same price, to help me reproduce)
please try tick and use prices below 99 to avoid trading (seems not working, page loading would not finish. but it's good enough to create orders for the order book and see how they will be sorted and added to the list). this was a bug but this might be only a display issue. nevertheless let's give it a proper test


hm, makes kinda sense. but if the issuer transfers shares out and sells from there, we have a workaround
(some uses are valid - p.ex. Meni's unsold mining bonds he want's to have out if issuer's account)
i see how it would be nice (to know when i help a company to raise capital and when it's just sale of somebody else) but not sure if/how usefull

Just noticed BTC balance is visible on every page.

I thought of 1 more request.
Deposit History should be moved into the Deposit/Withdraw link (https://glbse.com/portfolio/bitcoin). Deposit History table is out of place between sell history/dividend payout. (obviously this isnt a big deal but its another little detail to make the site more comfortable.)

I think it would be good if the Twitter ticker feed also displayed the total value in BTC of each trade.   

Thats done.

Thanks.

Also, in a few places it says "See you fees here" Where "you" should be "your"

Where do you see this?

I see it here:
https://glbse.com/asset/pay/COGNITIVE

Also: "You don't own any assets,head to the market and get some."

Missing a space after the ,

Can't recall if it's been mentioned before, but it would be nice if you could edit orders without having to cancel and then re-enter a new order.

great work. on glbse the new charts are much better then the ones on 2.0

if by edit you mean decrease the number of shares I agree. Thats the only way you should be able to edit an order without losing your "place" timestamp. It stinks putting up a sale of 200 only to take it down to put up 100 and lose my spot as being the first sale. I guess create a "revoke/edit" button on the portfolio page next to each current sale order and buy order allowing you to decrease the number of shares your buying or selling without losing your timestamp.

from here: https://bitcointalk.org/index.php?topic=76594.320

They need tooltips though! It's really hard (especially on GIGAMINING currently) to figure out exact trading prices.

Another feature request (again): Trade and dividend histories in a simple CSV format. I wouldn't even care if they only get released/updated every 24 hours and the most recent data has to be pulled from twitter, but for longer term statistics these are really necessary. Of course in the end I hope you'll get an API similar to MtGox where you can for example specify to get every data until a certain point in time.

Also: Pre-set times for dividend and buyback orders + an API for them. These could also be announced in the interface ("Upcoming dividends, Upcoming forced buybacks").

I think the GLBSE needs a panel of existing CEO's to vote on adding new company's to the market like this - https://bitcointalk.org/index.php?topic=79890.0 (https://bitcointalk.org/index.php?topic=79890.0) - so they can protect there own market.  They are even looking to lend the 8BTC to registrar which isn't that bad but there trying to list a company valued at $500,000.00 and not using the funds raised on the GLBSE to buy anything of value.  That could be sold to compensate shareholders in the event of them going bust.

Maybe CEO's of high Cap company's have a higher vote ratio on high Cap IPO's and CEO's of small Cap company's have a higher vote ratio on adding other small Cap IPO's.  Due to each type of CEO having more experience in each type of IPO.

I want to see the GLBSE expand and into different boards/exchanges as well.  Maybe like a FSTE 100, a FSTE 250, a mining only board and so on.  Although it is of great concern not just to Nefario but also each listed company that fraud and bad businesses on the exchange are kept to an absolute minimal to help keep the exchange looking trustworthy for investors.

Maybe someone asked for this already. On the market page can you frees the column titles row so that it is still visible when you scroll down the page.

thanks

Can we get a column on the assets page for "market capitalisation"? Calculation is {last sale price} * {total issued assets}.

+1

This would be a great feature :)

So I create an asset, issue 50 million shares and buy one with a sock puppert account for 1 BTC --> capitalization of 50 million BTC..?!

I'd rather have {last sale price} * {total assets no longer in the IPO account (transferred, sold)} but this still has room for errors/problems.

One suggestion: Order the IPO list by date.  :)

Agree to have this calculation for bonds, but for a share where the owner holds shares themselves, it's good to know the value of the whole company. In your example when you see a company with a 50 million BTC market cap, you know it's overvalued. For other companies, you can at least ask whether you think it's worth its market cap.

Yes, uptime has been terrible, it's not that it's not been up, but not able to handle the amount of traffic, this is my first experience dealing with scaling issues, I apologize for any inconvenience caused.

Well at least the userbase is growing :)

an option to allow ipo owners to set up an automated sell time for the release of their bonds/shares.

QR for deposit adresses, plz :-D

Full account history as CSV now available.

Maybe some kind of RSS feed for each stocks new trades and new orders would be good?

There is the twitter feed which shows all trades, have a look at the API page.

Awesome thank you!

USD and EUR assets, similar to the BTC one.

This would allow for pricing + trading shares in fiat currencies too, however these would never be able to leave the exchange - thus being completely virtual.

Example:
I trade 1 BTC(share) for 5 USD(shares), then I can buy a share that is only listed in USD, for 0.1337 USD a share.

After getting some dividends + trading and so on, I now have 8 USD, unfortunately for me the current price to buy BTC again has risen to 16 USD per BTC. As I was anyways interested in USD however, it's likely that I'll pay out my BTC (after buying 0.5 BTC shares from my 8 USD shares) to MtGox + exchange them for USD.

Reason for all of this:
There are a bunch of things, where your costs and/or income are in fiat currencies. If you expect large volatility in the BTC<-->fiat prices, there's a big risk that people don't want to invest their BTC, as in the example above (earning 2 USD) they would see a loss of 50%. On USD side however they earned 60%! This should be visible both in the current value of the asset (= going up) and it will also make it easier to see whether an asset expects to have profits in fiat or in BTC (mining assets for example have profits in BTC while a crowdfunded solar power farm would get paid in fiat).

One of the biggest issues would be where the virtual USD (and EUR) should come from - if you keep the 1 BTC from the example above in escrow, you'd be screwed if bitcoin tanks and is only worth 1 USD for 5 BTC.
You could either:
* Create options on both ends and only create virtual fiat shares if they are backed by someone holding the other end as well ("I'll sell 100 BTC for 500 USD" <--> "I'll buy 100 BTC for 500 USD")
* Accept MtGox codes or similar in escrow (dependent on one big player though and too external in my opinion)
* Find users who would be willing to have large longterm options on at least one end of the term and "outsource" the risk of volatility to them
* Offer trades to virtual fiat yourself (at a premium or outsourced) which you then really execute on an exchange to start the money flow

Oh and by the way, there are already fiat money shares on GLBSE - one example would be SATOSHISDEAMON.HORSE, which are USD shares in a racing horse that are also valued + paid out in USD. It would be great if they would also be priced in USD.


Edit:
The poor man's version would be to pull the 24h average from bitcoinmarkets + display the value of the share in USD but always make clear that actual trades take place in BTC. This could be enabled asset by asset by the asset owner and also via a user preference.

I haven't read the entire thread, so my apologies if this has already been discussed.

But it would be cool if your portfolio showed all unrealized gains/losses in securities. Basically, implementing as many features as you might find in TD Ameritrade would be cool.

Big fan of GLBSE 2.0. I remember reading in a different thread somewhere that you had to sacrifice anonymity for simplicity of use in GLBSE 2.0. Is this true and will complete anonymity ever be an option in the future again, so that one can choose anonymity or simplicity?

Keep up the good work!

2.0 just requires a working email address, how anonymous you want to be is up to yourself.

nicely done redesign for the v2!

please add asset name to html title tag on asset's page; so when viewing particular asset a browser tab would show something like "GLBSE - XYZ"

I quite disagree with this. GLBSE is about investing in BTC economy. Maybe if a glbse stock has its revenue in USD, it should not be listed here?

yeah, maybe it should take its multibillion enterpr- oh wait

i have repeatedly requested this.
it makes total sense.
bitcoin is not only a storage of value, but also a great method to MOVE value.
if that value is determined by € or USD or whatever...

we need to broaden our collective minds to look BEYOND the itty-bitty world that is bitcoin.org

i would totally dig this feature as it would be perfect for MY business as well.

IMO bitcoin's true strength lies in its utility as a value transfer mechanism. With that in mind it becomes a great way for raising capital free of regulatory interference. There's nothing preventing an individual from perceiving the BTC they invest in a venture as being a USD investment that was transferred using BTC, without GLBSE itself allowing USD etc valued assets. The problem lies in treating the BTC transferred as an alternative investment in its own right to be compared to the venture being invested in.

My concern is that once assets start being denominated in USD or XXX, their might be additional regulatory issues attached to that denomination that may be something we collectively want to avoid, whether any actual USD, XXX etc is really changing hands or not.

I do like the idea of more people being willing to list assets, and finding a way past this hurdle is definitely worth pursuit.

When a person opens a TD Ameritrade account do their holding also get listen in Euros and Yen? It's been a while since I used TD Ameritrade, but if my memory serves me correctly, it does not.

So, I don't really see any reason or benefit to labeling things in different currencies. Sounds like more headache for the developers than it's worth.

Just floating an idea

An options for Assets to have an account like "growth fund" where BTC can be deposited and stored. But the customer can verify the balance thru GLBSE. I can do 90% of this already by having multiple deposit address with GLBSE.I know with blockchain I can show BTC going into my asset, but I don't have a way of proving its still there ie not transferred,assets purchased,etc.

the regulatory issue is the only one i consider a hindrance.

i (once again) give the following example:


i buy and sell gold and silver. i also trade € vs BTC face to face. in large quantities.

so i need to buy my gold and silver in € and i frequently spend € on BTC.

so if i need to raise 20000€ for inventory i would like to repay 20500€ to my shareholders.

of course I can have someone write a pricing bot for me via the API, but it seems pretty easy for knowledgeable folk like nefarion to "simply" implement it from what little i do know about programming. it's pretty much a division/multiplication thingamajig, no?

* Fix the depth chart. I don't care that someone has bid of 100000@0.0000001 and someone else has an ask of 100@5000! Just show around the area around the market price

* GLBSE1 order history in the account CSV?

* Pricing, P&L and sparklines in the portfolio

* Ability to transfer custody of GLBSE shares to another authority (signed messages? sharechain stored within the blockchain?)

* a GLBSE IPO to fund development!! :D

Some motion system improvements would definitely be nice.

I'd like to see at least a confirmation that I voted, and more general information there such as how many shares I held at the time of voting, etc.

^{(sorry, posted in wrong thread, will delete there)}

Nefario, I'm happy to see you used bootstrap. It makes the site so much more nice, thanks for that.

However, I still have a suggestion for the order book on the asset pages:

https://i.imgur.com/FSroR.png

I would really like to see my own orders on the asset page, maybe included in the public orderbook like seen in this image (first and last columns are volumes of my orders)

I usually go to each assets page to see what's been happening. Next I have to back to the portfolio (main) page and look at both my "Buy Orders" and "Sell Orders", locate visually the orders I have and then go back again (keeping in MIND my own orders) to the assets page to make a decision on placing new orders.

That's a bit cumbersome. How cool would it be to have a table like above example that show me my own orders (first and last columns) within the public order book of the asset?

_{code used to produce above image: http://pastebin.com/ssfyfaje (html), http://pastebin.com/TTMBA74K (css)}

Another security feature that would help those of us without smartphones would be nice.

Consider allowing users to put in a permanent withdrawal address in our account, and any time it gets changed an email is sent to the email address on file asking for confirmation. Also, make it so that changing one's email address on file sends a notification email to the old email address and takes 24 hours to go into effect. This would prevent someone who phished your account from logging in and withdrawing all of your assets in one fell swoop.

Also, allow users to opt out of asset transfers.

Worst case scenario if these are implemented is that someone could phish your account and buy/sell assets at ridiculous prices. But even then there is little incentive to do that unless the account hacked is a real monster, and the shares affected have some benefit to the hacker.

I have a request for the Public API.

ex. https://glbse.com/api/asset/HEDGE

When doing HTTP GET URL /api/asset/TICKER on an asset that does not have any trade data nothing is returned.  It would be nice if all the values (latest_trade, quantity, ect) were set to 0 until there are trades.

I think it would be very useful especially for the listed company's to have separate wallets on your account to make accounting easier.  Like a wallet for saving up for expansion, a wallet for dividends and a wallet for buying back shares ect....

I disagree on the different wallets - GLBSE is a fundraising/stock exchange platform, not an accounting system. Do proper accounting by yourself, use offline wallets and keep the minimal possible amount of BTC on any external site (like GLBSE) to be safe.

I don't want to pay all the transactions fees plus all the funds in all the wallets would be going to be used on the GLBSE.

Transaction fees? Seriously? Also you can do accounting if you just keep the money on GLBSE in 1 place. In the end you suggest that GLBSE adds an internal accounting system that could never even remotely compete with a proper one, but might lead to a lot of GLBSE hobbyist projects neglecting proper accounting practices because they anyways have set up an "expansion account" on GLBSE.

Whatever I want more wallets that's my request you don't run the GLBSE and you don't run a GLBSE listed company so its no use to you.

And it's not really the transaction fees its about not making unneeded transactions as all the funds are going to be used on the GLBSE in the short term. 

Can the number of total outstanding shares be listed in the public market API?

Actually I did run on GLBSE 1.0 months before you even signed up on this forum. Anyways, I think I already voiced why I don't like the suggested feature, let's see if it gets added or not.

On a different note:
I tried out the API (including some undocumented functions for dividends, which worked perfectly so far - no more page parsing, yay!) but stumbled upon some "Internal Server Error"s on the following pages consistently:
https://glbse.com/api/asset/JLP
https://glbse.com/api/asset/ENJAN16
https://glbse.com/api/asset/BM
https://glbse.com/api/asset/EN
https://glbse.com/api/asset/CRYPTOL
https://glbse.com/api/asset/BST
https://glbse.com/api/asset/CANMINE
https://glbse.com/api/asset/ANTI-PIRATE
https://glbse.com/api/asset/IMPACT
https://glbse.com/api/asset/HEDGE
https://glbse.com/api/asset/MINING
https://glbse.com/api/asset/USD
https://glbse.com/api/asset/OBSI.1MHS

The charts should only show trades from the past 30 days. the "mini chart" which is a blue line even says 30 days but it shows since the beginning of glbse 2.1 or from when the ipo was launched if it was after glbse 2.1

I guess above could be considered a bug. I like if we could get chart options for 1wk/1mnth/1yr/all time

I also think different GLBSE wallets could be good for traders and investors as well as listed company's.  So each dividend from each separate stock you own gets paid into a different wallet on the exchange if you so wish.  I know you could just do proper accounting but when your counting numbers to eight decimal places it can get very tedious.

this could also be handled by (a hypothetical) "accounting software" that imports the csv. Just saying: maybe glbse site itself shouldn't be pressured too much into offering such accounting-related features. It might be better to have a market establish for that.

Work with http://www.mrbitcoins.com or other "fiat to bitcoin" like bitinstant to allow withdrawal to glbse :)

It may also be good for each assets volume chart for the completed asks and offers to be different colours?  

It'd be nice to be able to fetch the history csv with the private API.
And dividends with the public API.

Couldn't the GLBSE work with the major bitcoin exchanges to enable people to invest in GLBSE assets with fiat payments.  Hey they could even accept PayPal.  It would certainly induce more investing and could even work as an expensive way of buying bitcoins?

I thought of offering shares through Bit-Pay...

There would just be too many fees involved for my taste, probably around a 10% margin or even more and there's no API for share transfers, so I would have to do them by hand.

This really doesn't matter at all, but:

Security administration panel
Pay Dividends

Should be changed to "Pay Coupons" or "Pay interest" if it is a bond.

Just buy coins at an exchange and withdraw to a GLBSE deposit address. I suppose an exchange could offer a withdraw to glbse option if they wanted too.

There should be tools to let you run a company or an investment group.

Such things as voting for officers, creating/managing bylaws, holding shareholder meetings etc  :)

Being able to withdraw BTC to a pre-approved address using the API would be nice.

To add to that: an API function for asset issuers to pay dividends would also be tremendously useful.

+1

Few more requests:

1) please fix the bid/ask chart so BS orders like 10000 @ 0.0000001 are ignored
2) please fix the trade history chart so BS fat finger orders do not screw up the chart for good. (use different colour and add price to a blip or something like that)
3) Reorganise the "Market" table so that time sensitive information is on the left and averages etc are on the right side

http://i50.tinypic.com/21mb52r.png

4) I really like to see the next Div date or the maturity date for zeros in this table (or as a hover tip)

A search feature or "sorting" of assets would be nice now theres a few listed, even alphabetically would be good.

I emailed support@glbse.com and they said they will be implementing this idea of cash payments into the GLBSE for bitcoin security's but not and never a PayPal option.

I would love to see a shorting function.
More data in portfolio.. Ex. next to price of bought asset also current value of asset.

Shorting requires a lender, no?

I want to be able to ignore the fixed-rate mining bonds... they flood the market

+1

I think the easiest way to solve this would be to make it so the minimum asset bid has to be at least 10% of the market share price.

Using a percentage is the way to go. Get rid of those outliers that are just killing the charts on a few assets.

Fuck Paypal. That is all.

You can now see the number of active assets available using the API, that is the number of a security that is being traded on the market and not just left in the issuers account(or the total amount issued)

https://glbse.com/api/quantity_trading/ASSET_ID

Yay, live outstanding shares 4tw! :-*

Thanks a lot Nefario!

yep, it's perfectly fine, clear & useful - I wish that GLBSE would do this too.

I've asked for this feature before & others agreed that your charts without it are useless atm, can you implement it or state why not, thanks.

https://i.imgur.com/mWTcx.png

A good useful chart


https://i.imgur.com/wbeRA.png

A bad completely useless waste of space chart

PS - why don't you reply to my emails about releasing the 130 BTC from my balance that has been unavailable to me for about 2 weeks now!

finally someone noticed. can I remove the asks for a single share at 1000 btc?

+1 for automatic dividend re-investment

+1 for partial shares dividend reinvestment (it works in the "real world")

+1 to clear up the charts

+1 to split the view for stock market and bond market

I also would like to see some sort of notification icon, when there are motions available to vote on.

I would like to receive an notification email when a trade went through.

In the portfolio view I would like to see how much I made/lost on a stock since I bought it.


A long list in this thread I know, but it's progressing and looking better. Nice one on the 2 factor auth!

Not sure if this is were i report bugs but i wanted to buy 1 share at the rate of 0.5 BTC (Ticker: CHEAPERINBITCOINS-STOCK ), (specifically that one) and it made a purchase for 1 share at the rate of 0.3 BTC( twice ) even tho I specifically ask to buy a 0.5 BTC share.

Other then that great job on the site, oh yeah ps...


This too! (Notice everything all over lapped at the top -- I'm forced to look at HTML source code so i can manually redirect myself to the links that are being covered up such as withdraw/deposit)
http://s14.postimage.org/b1cezoa7k/Untitled_1.jpg

Di you notice that for some unknown reason they have the huge waste of space block with "Buy at ASK" above Bid column and "Sell at Bid" above Ask column.
http://i47.tinypic.com/2k4s3o.png

I emailed GLBSE support re this on 3rd, the 10th & the 12th of June.

On the 6th June I received a reply that it was being fixed in "the next day or so"

Today I sent this to Nefario's personal email:

Nefario hi,

GLBSE (& Forum) Username: Otoh

As I've already asked you & posted on your threads why is it taking so long to release my funds?

I have a balance of 613.75 BTC & buy orders totaling 476.09 BTC, my available funds shows as 16.70 BTC so there are 137.67 BTC missing = over $800

Kindly make my funds available in full today, please to acknowledge this email by return to confirm this is going to happen finally.

Many thanks,

Otoh

It took me time too I sent him pms on the 23rd and the 24th of may. I didnt get them back until the 31st. had 50 coins locked up. No other way to get them back except for him to send them and reset your account balance manually. If you havent already Id try to send him a pm on the forum. Not much more you can do besides wait. :|

Nice charts otoh. I would like a option to make the depth chart cumulative and non-cumulative but both need the ability to cut off asks/bids that are 10-15% off the charts.

RE: The 2 previous posts I would like to add...

I had a serious issue which was fixed in a few days by support email.
Also, I managed to speak directly to nefario on IRC and took a matter of minutes to solve the last part.
Really excellent customer service 5* imo

I would like to be able to save an order that won't be placed until there are bitcoins to cover it, so i could leave an order ready for when dividends pay or deposits come through

I wonder why ever scince the "move" to the new GLBSE I can't find my initial shares and i was forced to sell/issue more instead.

When shares or BTC are received from another user, it would be useful to see who sent them in the "Transfers in" section of the portfolio. I know this information is already available in the CSV, but it would be cool to have it on the web interface.

These things are usually made by a traditional broker, not an exchange.  I have been working on a 3rd party platform that would show the last thing in this list.

I had the same problem but Nefario eventually found them and moved them manually to my GLBSE 2.0 account.

Thanks; I knew i should have just emailed first before flooding the forum.

Can you point me to a broker?

Build it and they will come.

It would be great to have a glbse share brokerage. They could then handle fiat deposits to buy shares on glbse as well. It might be better than glbse handling it directly and dealing with an extra layer of security/customer service.

It's important that the identity of the person who is selling this asset has been verified. We do however recognise that some users prefer for this not to be the case. As a result we provide users with the information about the asset sellers identity to make the appropriate decision.


Please, stop allowing unverified persons to release IPO's to the market.

This is difficult because which verification do you think is the bare minumum ?

https://docs.google.com/spreadsheet/ccc?key=0AlqK0vuJMY4idG54YmZrakluSmNGbnVhNnl1SllQQXc#gid=0  I made a doc showing who has and who hasnt verified.

I actually would disagree on that. I would put certain limits on unverified assets though.

I think the verification is a little lax.  The most important thing is a photo ID, but even with all this information what is going to happen if someone scams?  I agree that a better idea is to do limitations on unverified assets.  Such as making a capitalization limit for unverified users, limit them to only 1 asset and so forth.  Another measure is to add a asset issuer contract and an mediation clause such as with judge.me.

+1

+1

Yes there should be some reward for going through the process. I like the idea of letting people have only so many assetts as they have verified infos. So if you have facebook you get 1 assett, add a photo and you get 2 assets etc.

Cut the crap already, I don't think it should be the responsibility of the exchange to enforce identification of issuers. It's nice enough they offer the feature.

Be a man, do your own due diligence and don't come crying when you invested in the wrong asset.

Fuck regulation!

EDIT: stochastic: isnt this something you as a broker could offer?

Any social network account is lame and does not prove anything.  Not everyone has one.

Or come up with a service that offers it. See it as a business opportunity.

Of course they are lame  :)

I sense a little hostility, anyway I am not a broker, I only promote brokerages to form.  I would love to make one but I don't have the time right now.

Also, I don't see what is wrong with private company of a private exchange creating private regulations.  People are free to use and issue assets on the exchange or not.  I bet most people dont' look at the verification at all and mostly from their trust using the reputation of the issuer in the bitcoin community anyway.  I do think there should be some kind of asset issuer contract between GLBSE and the issuer.

This market would be similar to the pre 1930's stock market:

The downside of having so many junky low-quality (and occasionally fraudulent) assets is that it will lower investor confidence in GLBSE as a whole and thus the high-quality assets. In particular, it will scare away new blood, which is what is needed more than anything. I can think of some ways to approach solving this problem, such as creating a separate grouping for "highly verified and trusted" GLBSE assets, but the solutions I see have downsides as well.

If GLBSE wants to limit IPO's to verified individuals only, it's their prerogative. However, if they do that then they open the door for a competitor. On the flip side, if they do not verify individuals then they risk losing confidence.

There is no right or wrong here. It's totally GLBSE's preference.

Just let the users to filter out unverified shares

Due diligence is due. For example, I've invested in Goat's bonds, and he's not verified at all. I let his reputation be the collateral. There are some other securities, however, which I refuse to invest in because there's no verification, and the issuer is not well-known within the community.

TLDR freedom please

How about extra points for verification with a diplomatic passport, photo driving license, ID card & utility bills package (http://www.buyfakepassport.cc/)

I'm just surprised that they don't take bitcoins, though I expect someone on TSR probably does if only as acting as a pass through.

TYGRR is 100% unverified and yet he seems to be a fair guy - IMO more trustworthy than some others, verified ones.
So I vote against a requirement to verify!

As Otoh has pointed out, the verification process can be cheated - such a requirement would only create an illusion of safety, without actually making GLBSE a safer place.

I agree that it would be a nice feature if a user could choose in his settings whether he wants to have the unverified stuff listed, or not.
Though, personally I would have it set to "yes" :)

+1 & for your astuteness I hereby do appoint you citizen & honorary consul of Bitcoinia & our ambassador to Bitcoinistan (no relation to Bitcoinica - well maybe some ;)), your passport & posting docs will be sent in the next diplomatic bag.

btw: On GLBSE I have shares/bonds with Giga, Bitbond, BTC-MC & Goat, in the past with PPTs too including a lot of the last E issue, I pay very little attention to verified or not.

Thank you - I'm honored! But I don't have to give up my current citizenship & passport first, do I? :)

Thank you for accepting & absolutely not - the more PP you hold the better  ;D if the incoming bribes & backhanders get to much in Bitcoinistan then you may wish to ditch any US citizenship but purely for tax avoidance purposes like that Brazilian/American guy from the Facebook IPO.

OK, then I'll take it :)

Cool, that'll be $1M arrangement fee upfront then, pse to remit in coins to the address in my sig  8)
Enjoy your posting  ;)

GLBSE should have some ads on the site but as a novelty pay out  ad income as interest depending on how many btc you have sitting in your account not devoted to shares/bonds.

or secretly invest bitcoins in users accounts into some bonds and financial products to leverage users trust and why not start offering credit from the coins not used and sitting in the accounts?
srsly, no adds, please.

I really don't see that happening.

No :)

Yeah, sorry,.. had a bad moment. I'm usually friendly ;). Maybe I miss the "old glbse" a bit.

And you're right: there's nothing wrong with a private exchange enforcing regulations. I see it as slightly problematic though to change them fundamentally as has been done (ask Goat, he was not happy at one point).

Well, I shouldn't complain, but offer alternatives I like better myself...

*ponders making "black stock exchange" (BLASE == german for bubble, shit)*

Doesn't Nefario work with the Intersango folks?  It seems like this should be pretty easy to implement, given that Intersango is already doing it.

A feature I think of is fees for both sides of a trade, instead of fees only for the initiator.

I think it would improve liquidity as we won't be tempted to wait for others to fill our order (and it would improve your revenue Nefario).

+1

I think the exact opposite.  Without encouraging people to have open orders there would be no liquidity because there would be no reason to leave an order open.  Instead of paying fees, anyone buying or selling would have no order volume to buy or sell into, which would end up costing far more than the trading fee. 

There would still be reason to leave open order, if we want to sell at a higher place or buy at a lower one.

I completely agree with OgNasty.
From what I understand the current fee schema was introduced solely to add liquidity to the market.
If you split the fee, you would obviously make the order books much thinner and thus lower the liquidity at the markets.

I didn't think about it this way... maybe it's true :)

Regarding fees, I would like to see fee rebate for the liquidity makers, much like bitfloor.  It's more fun that way in my opinion :D

I just want to say Nefario is doing a good job so far. You dont see the NYSE posting on a forum asking how it can be improved. I wish a lot more bitcoin companies were responsive to their users.

Email when a trade has gone through

+1 for this there would need to be a lock on transfers of shares too & probably also a lock on any buying or selling

+1 & when sent funds are received (cleared to account balance)

& please fix the charts as so many have asked to only show the relevant bids/asks that are within say 15% of last price like Intersango does, or just remove them until this gets fixed if it's going to take forever.

+1

+1

Can you please make a "last price" feed available, that can be used by KMyMoney Online price import.

Are you using kmymoney to track down your bitcoin investments? I would be very interested :)

As far as I understand, you need to extend http://finance-quote.sourceforge.net/ to support GLBSE, then this would also be used by KMyMoney.
Last price is already part of the public API...

This was my plan until I realized, there is now way to get price data out of the GLBSE /api/asset/[TICKER] feed.
GLBSE prices are not in BTC and there is no way to divide that number with 100000000 while price gets imported to KmyMoney.

My attempt to use google docs do preprocess the price data failed because kmymoney can only import one security at a time and for every security, it sends out a new request. I also did not manage to make it search for correct row from the csv.

This is how my csv looks like for the kmymoney 



Sorry but this is way out of my league :) I am not a programmer.

If GLBSE can spit out something like: ZIP.A,1.1800,7/1/2012  or something similar when ..../api/asset/ZIP.A;kmm ? gets requested, I think kmymoney can deal with this.

This does not seem to work for:
SATOSHISDAEMON.HORSE (https://glbse.com/api/quantity_trading/SATOSHISDAEMON.HORSE/)
BIT.INC (https://glbse.com/api/quantity_trading/BIT.INC/)
IBB (https://glbse.com/api/quantity_trading/IBB/)
BTCSYN (https://glbse.com/api/quantity_trading/BTCSYN/)
FPGA.CONTRACT (https://glbse.com/api/quantity_trading/FPGA.CONTRACT/)
any upcoming IPOs (which is expected).

For upcoming IPOs or other assets that have never had a trade.  Is it possible to have the API return a 0?

+1

better still, the possibility to see and change the orders from the asset and not portfolio page. It could look like

5   0,18
20 0,178
6   0,173 (you: 3. [CANCEL])


+1
but not only in this case: sometimes it would be very nice to be able to watch if the price exits a certain range.

Better still than an email, an official browser extension! There already is one (https://bitcointalk.org/index.php?topic=89659.0) and it's really useful, but being made by a random guy, it's not quite the best for security; unless you have the time to check the code, but it's quite far from optimal.



+1
and really useful would be to be able to change the time period on the upper graph: now a single huge variation in price is sufficient to render the graph perfectly flat and useless (Gigamining anyone?)

Also, an estimate in the portifolio page of how much my titles are likely worth, each and in total, would be quite neat. Maybe also the minimum price at which I must sell each share to break even, taking into account fees and dividends: to know that my gain is exactly how much more I manage to get selling.

A PIN for withdrawals would be good.

Mark security issuers Buy and Sell orders with a different color in the order book.

I know there is a way to send google OTP VIA SMS, gmail accounts can be setup that way. Blockchain.info also does SMS passcodes that looks similar(~50% smaller) to google otp sms codes.

+1

My preference would be an API exposed to just the asset issuer.  I have another specific need for it outside of in addition to backups, Goat and I discussed briefly here:

https://bitcointalk.org/index.php?topic=93539.20 (https://bitcointalk.org/index.php?topic=93539.20)



edit 7/21/12

The more I use the site, the more I get convinced the way it works needs to be changed. Also to lighten server load, its in your interest as much as in ours.

If I am on my Portfolio page, I see I have left an open order, I go to see the situation of the asset and I have to open another page. Then if I want to change my order I must go back to portfolio to cancel it, and then back to the asset page to leave another; then I will be forced back to portfolio.
That makes FIVE pages I had to navigate through (and wait for. And that got requested to the server) when at most two should have been enough.

At least the unofficial chrome extension (https://bitcointalk.org/index.php?topic=89659.0 (https://bitcointalk.org/index.php?topic=89659.0)) adds some useful functionality; I home that will become official and integrated soon!

Also, a graph visually showing not only price, but also depth (with varying colors perhaps) and how it varied through time would be very neat.

i would like to see a "green address" feature to reduce waiting time when i withdraw from mtgox directly to glbse.

So you want that GLBSE trusts MtGox more than others by requiring fewer confirmations - or what does "green address" mean?

basically: yes
for how green addresses work see jav's proposal

I made some changes which have sped the site up, more are on the way over the coming few days for the same purpose (making things faster). We're also going to see the end of reserve for BTC in your account so you'll be able to place more orders in the next couple of days as well.

In about a week we'll have a new server up n running which will do two things, increase the site speed for EVERYONE http://gifwall.net/gif/everyone.gifand will give us a kind of hot swap should one of the two servers go down for whatever reason.

Much more coming.

Noticing huge improvements, great job! Looking forward to even more speed :)

Site's usable again!  Really appreciate it.

On a related note, I'm going to be separating charts and the API (for chart information, but not for trades) into a separate application, moving it to a another server, I'm thinking of OpenSourcing this as well.

Opinions on the opensourcing part?

I think you should add dividend payments to its own twitter feed like the current trade history reporting.  Right now the only way to get the latest trade is to call the api for that security and it pulls all the dividend that security  has paid.

Please add "Last trade price" to https://glbse.com/portfolio > Assets table.
And please add:
Total market value too.
Next div date, last div paid (what received)

This will eliminate multiple unnecessary clicks and page loads. As mentioned before, one needs to click way too many pages to get any idea whats really going on.

BTW, after you limited API requests to 10 per minute, I can not update my googledocs table. I do not refresh my table more than few times a day but I have more than 10 different securities in my portfolio.  :'(

When the new server arrives then I'll increase the limit by 2x or something along those lines, in the meantime other changes on the way.

Sto. a twitter feed for dividends will be added also.

I don't know if you've seen it, but the asset view page is suffering from this new Error 503 feature.
Sometimes the Buy/Sell form just doesn't appear - reload is needed and a bit of luck..
That is definitely not nice.

Though, the new speed is nice - like in the good old times, when there were no bots yet. :)

Yeah someone mentioned this in IRC (you?) for the most part this is certainly the route that we'll be taking.

First off, thank you Nefario for your wonderful creation! The amount of productivity that the GLBSE has enabled is astounding and growing every day.

Here are my particular pain points:

(1) Dividend data API needs to have a way to specify a date range. I have local copies of this data, so each day I only need the "most recent" dividend payments from the last date I ran the update. Otherwise, it takes a long time to update all of my dividend data.

(2) Twitter for trades is OK for now, but won't scale in the future. My main worry is that eventually we will have too many trades in a single 24-hour period, and then when I go to update my trade database I will miss some of the trades (because Twitter only lets you go back so many tweets...)

That's really all of the essential stuff. This next one would be nice to have, but it's not critical by any means:

(3) The last-trade price listed next to each security in the portfolio, along with last-trade price * # shares to see the value of each holding. And then a total value for the entire portfolio.

I did. About twice :) This will be huge win and your db load will drop dramatically.   

+1

This is definitely overdue.

Nefario, would it be possible to include the total dividends paid by an asset in the API?

Placing an order through the API should return the order id.

The "Bids & Asks" graphs are a waste of space and bandwidth because some idiot puts 100000 @ 0.00000001 on every asset.
I would like to be able to view them normally as I'm sure others would too, but if it's not possible can it just be removed?

+1 for this. Maybe cut things off at +- 10% of the bid/ask gaps? Highest bid is 0.9, cut the graph off at 0.81. Even a larger percentage (50%) would cut off the garbage bids that skew the scale of the graph

No need to cut it off, just disply an aggregated amount, like the depth charts on bitcoincharts.com.

Unfortunately you probably would need to cut them off to avoid disrupting the scale. You'll have one order for one satoshi per share for 100000 shares (even on bonds that only produce a tenth as many shares). So the X scale is blown out by having bids at {0.00000001, 0.9, 0.901, 0.98, 1.1, etc} Then you break the Y scale by having a bid for 100,000 shares {100,000, 5, 10, 1, 100}.

Having an aggregated amount is just a different view of the same data, and you'd just end up with a huge spike on the far end of the graph and then a very small line that goes from two pixels wide down to one.

Hell, I'd go one step further and suggest that these bids have so little business being on the site that they not be allowed at all. Anything less than 0.1% of the current highest bid on a security with at least 5 bids is rejected (A security with fewer than five bids may not reflect accurate prices, this exception may not be required however). This would still allow a bid of 0.001 BTC on a security trading for 1 BTC normally, which is still ridiculously low.

100000 shares at 1 Satoshi are equal to 1 share at 0.01 BTC - that would not impact the graph very much... please look again at the charts at bitcoincharts.com - the volume is measured in BTC, not shares (which would be a quite weird measure after all). I am seriously against disallowing any kind of bid, especially now that the UI is denominated in BTC (as opposed to the command line client on GLBSE 1.0 in Satoshis). There maybe might be a warning/confirmation popup, if you bid/ask much too low or too high but disallowing such stuff is just not the right thing to do imho.

Ahh, my apologies, I was thinking of the current charts just with a different display type. Those charts are also clipped themselves; looking at the mtGoxUSD (http://bitcoincharts.com/markets/mtgoxUSD.html) chart, the range only goes from $8-$15, excluding small orders (and even ones that were active a few months ago) and asks at the higher end (I'd personally love to sell my coins for $25 a piece, but that chart won't even show it).

A chart showing the shares (cumulative or otherwise) is still of interest to me, but a chart by value would make it much easier to see what my current holdings are worth if I had to sell off immediately (I think either chart would show this information, it's just easier). The only real difference is plotting price (on the X axis) against either shares or price times shares.

The other thing to consider about the bitcoincharts graph is that you're trading "shares" of BTC on that graph, so it's only natural to show cumulative results in BTC.

Disallowing orders may not be the best way to handle it you're right, but I do see it as disruptive to say the least right now.

The current API is also in satoshis, my understanding is that it's much more machine readable where the UI BTC prices are easier for humans to read (or at least for me personally).

I'd also limit the number of digits allowed in a bid. Hell, if no one is prepared to bet really more than me, why should anyone, arrived later, be allowed to be before me for the exact same price -just one shatoshi more? So that if I want to be first, I have to cancel my previous, and make a new order again (which process is, I remark, nowhere as fast as it ought to be).
It's basically... a penny auction; not in BTC (since price goes nowhere really) but in time.
If I have a bid at 0.12, either you offer at least 0.121 or you're after me, since you came later and do not really offer more. Seems fair to me.

Also, unrelated: can I manage the transfer feature via API? And, can I see who sent me something? [Of course I should have looked to the CSV history] It seems both no, but this features would be quite useful; if they aren't there yet, my vote to implement them.

I don't know if this has already been requested, but please please please add a confirmation dialog to trades. There are too many ways to make mistakes when entering quantity and price, especially when both the enter and tab keys generally don't do what you want.

BUG!!!! If there is an entry at a particular price and I make a trade at the same price, it puts my order in before the order that was already there.

Sub-penny decimalization is a challenge.   It does favor the bots which will always be faster and more persistent than a human.   And when two bots fight it out, it provides a better price for the counterparty.

At the same time, sometimes the bots are just waiting to get picked off.  Say the best bid is at .11 and I notice what is likely a bot that threw down a bid at 0.11001.    I want to sell but I want a better price.  So I create a bid that I don't really want to buy at with a price of .115.  The bot goes .11501 and I take it.  Rinse and repeat, then cancel my .115 bid.   I just sold at a price better than I otherwise would have gotten.   Now if there is no sub-penny decimalization, and the only option was to do a .12, the bot might not play along.

+1 Those bots are quite annoying, and this just makes my day

How do you know this? From a trade or from the orders table?

If it's the orders table then it's not a bug, trades happen based on price first, then entry order when prices are the same.

and older orders are matched first (at the same price).
they might be however displayed in wrong order (at the same price) newer orders (at the same price) above older orders
but the execution is OK

Sorry, I was purposely being ambiguous and that was not helpful.

If two people enter a bid/ask at the same price but at different times, the newer entry is listed above the older entry, implying that it will be executed first.

If the trades are executed in the order shown in the table, then I assume that is a bug because the older entry should be executed first. If the execution order is correct, despite the order shown in the table, then that means the table is showing the entries in the wrong order. I have not been able to determine whether the entries are executed in the wrong order or not.

I hope that I have done a better job of explaining this time.

I've noticed this before, and have also seen that the execution order is correct, just the display is wrong.

I also like to add this one:
Make users bid/ask stand out from the order book (btc-e has it well implemented)
Highlight users bid/ask in the order book (btc-e has it well implemented).

One more:

"Dividends calendar" will be nice to have too.

You're allowed to change your vote as many times as you like until the motion has expired.

The site is down right now... any ideas on when it will be back up?

Back up now, sorry for the downtime.

It won't let me cancel any of my sell orders: it says "Your order has been cancelled", but the order is still there and blocking me from doing any trading!

Sorry for the emergency tone, but this is a very pressing bug.... thanks.

EDIT: Just went through finally, it seems the 10th time is the charm.

EDIT: Just got "Your order has been queued, please do not re-submit" - what is this? I've never gotten this message before, thanks.

my bids are gone..    redoing them says "Your order has been queued, please do not re-submit"  but they do not appear anywhere on profile page or in asset's orders list and available balance stays unchanged. something isn't right

You know what, i think i understand what has happened: so somehow a bunch of orders were all queued, and when glbse came back up it executed them all in order i think. That's why it was temporarily slow to execute.

that also explains why a bunch of bids I wanted to hit just dissipated all of the sudden...

+1

I just skimmed through the requests and I second that the volume and bid/ask charts are useless now, suggested changes seem nice.

I couldn't manage to add GLBSE to my two-factor authentication with Google (I guess it doesn't work over SMS?), and I wasn't very eager anyway. Will you implement other authentication schemes? A jabber message would be good enough for me, though any generic protocol that's easy to setup with an external device should be fine. I guess e-mail would be the most generic one.

not 100 % true
buying from issuer is closer to 'primary market'
selling to issuer has impact on number of shares that receive dividends
'a new account' here would be different from issuer's account and both arguments above apply

or pairing glbse account with freenet irc accounts, or wot at http://bitcoin-otc.com/
;)
could you write that in ruby?

s/freenet/freenode/ ? :)

I guess it would be fairly easy on any platform. I suggested e-mail (although it's not optimal for me) because everyone knows how to deal with that and it's pretty much decentralized. I'd create a new e-mail account for this, which I'll only access through my smartphone, yet I can still easily access from any other device if I need to.

well spotted. my fault. s/freenet/freenode
could go via gribble say/msg :)


2nd email address - for 2 factor auth email could be just fine

A recent topic seems to be moving contracts out of GLBSE for security reasons, and another is being able to prove you actually possess shares. I'm sure this has been discussed somewhere, but both can be accomplished by an option to lock a certain number of owned shares (or all of it if easier) in your account for a specified number of days.

The locking process can provide a signed certificate of ownership that expires at a certain date. The lock should optionally get updated everyday. This way I will be certain that there is time delay in case my account gets compromised, and I'll get an e-mail notice when the locked shares get unlocked. It might also serve proof of ownership in an outage or an odd case of data corruption at GLBSE (assuming the keys aren't leaked, though they probably can be kept in a separate location).

Another functionality could be sending shares with a temporary lock, which would help making off-market transactions easier. If the receiving party doesn't pay, you'd have time to contest.

+1 with backups outside of glbse infrastructure/controle

I would love it if you got a second chance to log in before having to do a captcha. I realize it's a balance between security and ease of use, but nearly every time I fail the login I end up doing the captcha between 5 and 10 times before I can get back in :(

Also, the ability to establish a PGP key just in case we are unable to log in would be useful as a backup. We could simple sign a message to you proving our ownership of the account if necessary.

So you are suggesting GLBSE holds onto a database of the public keys corresponding to account emails?

Correct. Just an idea though.

I believe someone else (on a whole other thread) found this information inside the full account CVS download. Though not the most direct way to get it.

Yes, I lost some time too before figuring it out.

With much thanks to LWCoder, I've added the GLBSE android client to the front page (you'll need to log out to see).

I've also ordered yubikeys, so will begin to add them as a 2fa method when they arrive.

It would definitely be nice if you could tie your ownership of shares to a GPG key.

How about being able to open a demo account to have a play around before using real coin??

I am going to bring this on up once more because we need more transparency to issuers actions and I think this is valuable for the investors too.
 

I think this is a good idea. The user's own orders could be highlighted yellow (and maybe have a cancel option on the asset page, so we don't have to go back to the portfolio to cancel, and then back to the asset page to replace the order when moving the price). The asset issuer's orders could be highlighted orange or something like that.

Wouldnt they just use sock puppet accounts ?

Would more liquidity appear if trading fees were shared on glbse ?  For example if someone buys shares the seller splits the cost of the fees 50/50 rather than just one side paying all the fees.

How would that improve liquidity?  That would remove one of the benefits of leaving an open order on the exchange.  I think it would have a negative effect on liquidity and result in more volatility and destabilization of assets.

There are two ways liquidity could be improved, either Nefario gets it to work so people can place multiple bids with the same bitcoin, or people add more bitcoin and place more bids.

I often see great deals due to the low liquidity, the huge spreads on many assets. There are a couple assets I have been making like 5-10% per week buying and selling (but very low volumes), but I just don't have enough bitcoins to place bids on everything at once. There have been a few times somebody dumps shares and I say to myself I wish I had known they were going to sell, I would have bid much higher than they got.

Allowing people to place multiple bids with the same BTC results in lots of what I see as spam orders, it's happened every time I've allowed it.

The only way to improve liquidity is to have more BTC on there, either in the form of peoples own BTC or margin.

Actually, at the bitcoin conference Meni was telling me that margin also performs the same functionality more or less as options. I didn't quite understand it at the time (I was pretty tired) but this is one of Meni's strengths.

Margin trading would definitely increase liquidity since you could place more orders on the same btc balance.

The way Open Transactions handles multiple offers made with the same assets is to check the offer when someone clicks on it, to see if the person offering still has enough balance to execute the offer.

That way a person with for example 100 bitcoins could make 100 bitcoin offer on every market of every asset, but as soon as one of them is taken up the rest become vapourware that will vanish as soon as someone clicks on one to see if it is still good.

This is kind of a compromise between allowing people to express an interest in "whichever I can get first out of all these possibilities any one of which I will accept" and allowing those who care whether an offer they see in the orderbook is real or not to be able to check by forcing it to go look whether it still has funds enough behind it to make it real.

Since it is in any case extremely inefficient to have people constantly polling the server asking what offers exist most likely a ticker will be added so that offers can all be published somewhere other than the server's own API to take the polling load off of the server, whereupon the concept of "depth" will in any case become moot since it can be expected that most offers that would otherwise be on the books will instead be out in the wild watching the ticker ready to respond to any offers that appear on the ticker that they like.

-MarkM-

What's wrong with spam orders? Just the graph? That's been useless forever. Other than spam orders that already mess up the graph, there's nothing wrong with them. They'll either get auto-removed or filled by a seller, which makes them real orders.

Just think about what information all those orders are giving.

Imagine I have 1 btc in my account. I go to my favorite asset and place 100 bids of 1 btc for that asset. Now when anybody looks at the order book they see that asset has 100 btc of liquidity at 1 btc. They then make decisions based on that information, perhaps they decide to buy some since the price has so much support. Then as soon as anybody sells one of those assets to me, even though I only spent 1 btc that 100 btc of support disappears. Essentially, it distorts the information available to the market, resulting in phantom support.

+1

Not so bad. People will know that support means less.

Maybe we could provide a "weighted support" separate info, where coins used n times are weighted 1/n?

Now the support could equally disappear overnight, just because the owner decided to rather place an order somewhere else.

Does liquidity mean so little these are real problems? It would be quite an improvement in my view.

I think dividend payments should have its own twitter feed or an API like cryptostock has where a user can request the latest trades of x number of days.  Right now if a user wants to get the latest dividend payments for the assets, he needs to call all the active listings and pull the dividend API, which gives the entire history of dividend payments.

I thought you couldn't pull list of dividends assets paid.  :-\

The last dividend information was added to the public API last week.  I'm already generating automated statistics (https://bitcointalk.org/index.php?topic=86854.msg954234#msg954234) using them.

Produces a full history of dividends paid.

https://glbse.com/api/dividends/asset/GIGAMINING

I was referring to more of a history of dividend payments but with the ability to limit the range that the API returns.

is it possible to post a bid/ask via api?

Yubikeys have been added as a method of two factor authentication.

Currently supported are standard yubikeys (ordered from Yubico).

We will add support for MtGox Yubikeys once I get the key in the post.

Nefario.

Please add a P/L (profit loss) statement for all the public investment portfolios that have sold it's shares to the public. 
1) Report has to show all the holding at the beginning of the period and at the end.
2) What has changed
3) Div's received
4) BTC in and out
5) Gain or loss from trades grouped by security and unrealized gain/loss for the period.
6) Share transfers in and out (swaps etc)
7) ... (feel free to update the list)

If this report is delayed by 24 h, it's OK by me. No need to show what happens in real time. :)
And please, make it mandatory to all investment "companies" or even mining co's, that have bought shares from GLBSE. 

Those whacky spreadsheets, with zero information on what has actually happened in the portfolio, have to go.
Those "reports" are useless and too easily manipulated by portfolio manager.

I assume that it is safe to use the same Yubikey then on different sites & the key generates a code that is specific only to that site at that time rather than one that could say also be used to also access Mt. Gox if one had the password too, sry for my lack of knowing the tech for these & thanks for having implemented this - I much prefer Yubikeys to other 2FA as I don't have a smart phone.

Hmm, having a working site (or even, any news) would be a definite improvement over the current situation.

i liked the uncertainty more. but good catch, working service is much better than no service.

Perhaps it is time or Nefario to lock this thread? I don't think he needs suggestions anymore.

he did not write any public post since September 26 or 25

At least he visited the forum today. He didn't do even that for a few days, if I remember correctly.