If you have a central authority, you don't need that much security... The real masterpiece would be to have no authorities besides asset issuers at all - and these should not be allowed to manipulate anything beyond submitting their new sharechain.

Miners could be paid from Bitcoins, I think I already saw some concepts about P2P exchanges between Bitcoin-style currencies (like Namecoins <--> Bitcoins).

All in all I hope you think this through a LOT and get a lot of feedback on that - this is a task that requires more than just an idea and a coder, it requires answering some serious design questions.

High frequency trading is anyways not really useful - the extra liquidity it provides only is provided during relatively calm phases - any smart bot will take a step back once the market starts to jump weirdly.

I personally would be perfectly fine, if trades are not even able to be executed at extremely high frequencies in Bitcoin stock exchanges. Take a look at algo trading and what kind of weird "businesses" this produces - there is no real need for that anyways in my opinion.

Blockchain based stock exchanges are actually something I find very interesting!

Will it work completely without central authorities (that for example take BTC deposits) or black-box exchanges (for trading BTC to "stockcoins")?

Tja, leider hilft mir aber im Falle eines Konkurses von dir weder ein Führerschein noch ein Skypeaccount - und Monopolygeld einzuklagen auf das man abartig hohe Zinsen erhalten sollte, dürfte wohl auch nicht gerade einfach werden.

Bei meiner Hausbank weiß ich übrigens sehr wohl im Groben, was die so mit meinem Geld macht...

I created a bet on betsofbitco.in that is essentially the same as this asset ("Bitcoin will hit 4 USD before hitting 6 USD"), maybe it will be helpful to use as prediction market or to get in late/with fewer coins invested/no trade fees: http://betsofbitco.in/item?id=423

By the way, from time to time there's really money lying on the street more or less - I still have to loose on a bet and returns are about pirate's rates.

Und welche genau sind das, wenn ich fragen darf? Übrigens hast du noch immer nicht meine Frage beantwortet ob und wie viele BTC du in BTCS&T versenkt hast, um diese hohen Zinsen zu zahlen. Generell halte ich persönlich Sachen, bei denen nicht mal ansatzweise gesagt wird wo das Geld herkommt, für hochgradig unsicher da man keine Risikoabschätzung machen kann.

The coins get deposited here:
https://bitcointalk.org/index.php?topic=50822.0

Nobody really knows if it's a Ponzi, a Ponzi by proxy (pirateat40 depositing the money to a Ponzi scheme), something illegal, something legal, something shady, something that nearly anyone of us could do but we all didn't think of it or think that it could work...

The verification would be for goat, not for pirate - but his only work is getting the money and depositing it to pirateat40's "enterprise". Goat's not actively involved in working with the money at all.

I personally suspect something like a Ponzi or something close to it risk-wise, so I only invested a limited amount of money into it, mostly for the kicks and due to the fact that (if you compound it) after 3 months you have doubled your portfolio and can step out without any losses. The real question is how long pirateat40 can manage to pay these crazy interest rates and if he's smart enough to pull back out if it's getting too much for him. If he manages to go on like this for more than 3 months - good for the investors! If he doesn't - well you'd be better off shorting him then!

Which point of the ToS were you found guilty of violating?

Also, why not listing on MPEX or other exchanges (there's a german one for example) but coding your own Bitcoin stock exchange?

So let's say I'm the only winner for Euromillions:

How are you going to pay me 24 million BTC? Or are you just buying BTC for 79 million GPB and send me that amount?

As far as I understood that, they meant that you can not buy 10% of shares and then request to be sent 10% of their hardware in return. In the end you own the value of the hardware (as you get paid whe liquidating) but not the hardware itself. It's really badly worded, that's true...

Is this offer region independent?

If you are the last one to bet on this right now (weight 3856.60) you'd get 1.35157500 BTC (of which 1 BTC is your amount bet you're getting back). I wrote a spreadsheet for private use that polls this data for my bets, so it should be quite correct...

Of course this can change still quite a bit over time, depending on other bets on each side.

It already did, you can buy them now.

I'm not that interested in the value finding for the bond itself (according to your example it should be just (1 + your cut percentage) * ( (trade price - lower limit) / (upper limit - lower limit) ) and the other way round for the other half of the deal, what I find interesting is that you decided to do this a bit assymmetrical by issuing 400 long and 200 short bonds. Does this implicate that you believe in short twice as much as long or the other way around, from a mathematical perspective?

if long is correct, you'll need approx. 1 share income pf short to cover for the profit, however only ~ half of long shares have an equivalent short share, so you'd need to pay out of your own cut or pocket for the rest, correct?

Sounds too much like a very cheap loan to me, especially to people with less than 1600 BTC. Why would I want to risk a return of exactly 0 (if kronos.io doesn't have huge income right from the start) if I can't even keep the bond for the future, where it might be more valuable or have higher returns? Worst case scenario for the "average joe" is that he buys at 0.115 (or even a little bit above!), kronos.io pays it's profits as salary/bonus to it's programmer(s) and owner(s) and gives 1 BTC in total to kludge + the bond holders. Then the bond gets bought back for 0.115 BTC and all that happened was that his money was not available for up to half a year.

Imho a nicer approach would have been to sell bonds at e.g. 0.1 each with no pre-IPO and promise to buy them back at 0.115 - dividends_paid_from_profits latest in December. 15% for half a year would be an ok rate on the lending forum, allow for a bidding war when going live and would make sure nobody cuts you for a quick profit just by buying bonds for 1600 BTC, getting an invite (and potential access to maybe very good short/long positions) and just at IPO time selling them for 0.14999999, cutting you out of the loop. 9.5% profit in ~2 weeks, an early invite to a platform that tries to be the next bitcoinica and the only risk is that there will be demand for less than ~1750 BTC worth of shares in total.

Also this kinda forces/expects a startup to make profits right from day 0 onwards - I would disagree that this is a wise move or business practice...

Das war vor 3 Wochen...

I find the high discounts in the beginning (below buyback value!) for people with lots of BTC kinda disencouraging personally. Do you have profit estimations already or is this part of the to be released investor information?

All in all you want to borrow ~20k BTC (will be probably a bit less, due to rebates), but you don't pay back a fixed percentage (say 2%/month or so) - only a percentage of profits (which can be 0 as well).
Will you open your books and publish audits, so your claimed profit is actually verifiable or do investors have to trust you that you really earned XXX BTC in the last 2 weeks and not more/less?

Do you plan on open sourcing parts of this stuff? Fetching statistics etc. for example would do no harm to your business in any way and your proprietory algorithm can be capsuled away in a small class/config file somewhere maybe...

Well, there's nearly no chance to get in at 1.0 BTC anyways...

I hope you'll recognize the high demand and issue more shares than these 1500 asap (preferrably still this week).

Damn, just when I bought in big time at 0.64!

At least that means BITBONDs are now really cheap! 1 MH/s for less than 0.30 BTC is a bargain (1 share = 2.1 MH/s with these "105%" PPS).

http://betsofbitco.in/item?id=333 is basically decided, as difficulty will be the same as now on block 182000 - False wins. One of the few bets so far that I've seen where the majority did not predict correctly.

Are there some stats on that by the way (how often there was an exact tie and how often the majority was right/wrong)?