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Author Topic: Market Makers  (Read 1594 times)
markm (OP)
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August 21, 2012, 07:28:59 PM
Last edit: September 13, 2012, 03:47:32 PM by markm
 #1

As you may already know, I operate an Open Transactions server.

Basically it lets people trade tokens that represent assets.

The actual assets include such things as bitcoins, devcoins, namecoins, groupcoins, ixcoins, i0coins, litecoins...

I am not eager to spend all day processing bailing-in of such assets and bailing-out of such assets.

Thus I am interested in establishing market makers... people who buy tokens from users and sell tokens to users.

This is quite a normal arrangement, e-gold used to do it, I think Liberty Reserve does it, basically it lets the vault concentrate on being the vault, the transaction server concentrate on being the transaction server, and the market makers concentrate on getting people into and out of the market.

Established, trusted people in this particular subforum seem the likeliest candidates among the denizens of these forums so I thought I'd enquire here first. Mods, feel free to move the thread to a more on-target locale.

Does this seem like a reasonable idea?

Is it something the "bankers" here might be interested in?

-MarkM-

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EskimoBob
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October 10, 2012, 07:12:10 PM
 #2

We been going on about it for 2 days or so Smiley , how bring the "real coin" (LTC, BTC etc) to the OT market and this solution is a good start.
As we talked about it in IRC, I am willing to pick up a small scale LTC and/or BTC market maker role and also issue some "Petal's".
Forget "shares" and "bonds" and what not. I do not want anyone to get confused and think they own actual "shares" in any real and legally registered (incorporated) entity.

"Petal" is a nice shape this word can not be confused existing financial instruments like stock etc.

Can you move this to Securities sub forum?

While reading what I wrote, use the most friendliest and relaxing voice in your head.
BTW, Things in BTC bubble universes are getting ugly....
rdponticelli
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October 10, 2012, 08:26:12 PM
 #3

We been going on about it for 2 days or so Smiley , how bring the "real coin" (LTC, BTC etc) to the OT market and this solution is a good start.
As we talked about it in IRC, I am willing to pick up a small scale LTC and/or BTC market maker role and also issue some "Petal's".
Forget "shares" and "bonds" and what not. I do not want anyone to get confused and think they own actual "shares" in any real and legally registered (incorporated) entity.

"Petal" is a nice shape this word can not be confused existing financial instruments like stock etc.

Can you move this to Securities sub forum?

lol

Why not to a "flowers" subforum, or at least a "corollas" one?  Grin
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