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Author Topic: [ANN] SLING | Fully Working DECENTRALIZED MARKET in Wallet | SLING MARKET LIVE  (Read 178766 times)
Mineotaur
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May 15, 2015, 07:33:45 AM
 #2261

I also suggested to the dev that he implement a new way to submit your offers.

Basically when you list an item you put in the USD (or other currency) that you wish to make on the item.  And the system would dynamically convert that to sling (USD-BTC-Sling) based on current market pricing.

That way even with market fluctuations your still getting what you want for an item.  Versus the current system of listing it in sling.

I.E. BTC is at $240 USD, and Sling is at .00021400.

I list a phone for $240 USD, in the market place it would show it for 4672 sling.  

If Sling jumps to .00042800, the market place would dynamically update it to 2336 sling.  Same if BTC rises/falls.

He said he was already working/considering something like that and was working out the code behind it.

+7331  !!!  

Awesome idea

Edit: I see what you're saying,  so the price wouldn't be dependent on market fluctuations,  that is a great idea!





Market is too fragile at the moment. If a whale wanted to buy stuff cheaply he'd just dump a load to bring the value down for a while. Price pegging is a while off I think.
Edit: Got that the wrong way around, had a few beers. *Hic* I think you take my point though; he'd pump so it'd cost fewer SLING to place his order. Presently at least, you know how many you'd be getting even if you don't know their value.
I think for now there are safer, more important things to concentrate on  Smiley

Its not really price pegging, its just making it so it will always be represented (dynamically updating) to a corresponding change in Sling/dollar value that was originally intended.

In other words, if say I have x product and I want $120 usd for it,  the Sling numerical/price value would keep updating or reflect its change so it would still always be $120 usd.
Its not going to really matter; the current price of Sling... it'll just update/adjust the price (in Sling) of the product as needed.


Later thoughts:
I guess the main problem I see is what currency should it be checking against?  Not everyone uses usd, and other currencies may be worth more or less.
(even with btc, the value of that changes against other currencies)

Might be more complicated than I thought....

Might not be that great of an idea Sad







Silk Road pinned it's BTC price to USD, it's not at all a bad idea, just needs a bit more stability first I think. Smiley I'll happily list my old mobos on SLINGRoad if I know how many coins I'll be getting, but I'd be anxious to do so if I thought whales might easily manipulate that figure. I could list some stuff hoping to buy into a masternode, then be left short because someone was able to play this fledgling albeit hopefully awesome marketplace. Right now I at least need to feel confident that I'll receive as many SLING as I'd anticipated, all other factors are inconsequential until the volatility settles.


Then you just institute a certain time frame.  Like, 5-10 minutes to submit escrow as a buyer, 48 hours as seller to ship out.  Up until that point that can be cancelled.  48 hours is enough time that any whale who is trying to manipulate the market for slingroad gain would be washed out.

And yes, USD-BTC as a standard.  Math is not hard.  I want 240 for an object, BTC is 240 off blockchain.info, it takes 1 btc of sling to buy.  If btc spikes to 480, it only takes .5 btc of sling to purchase.  Could even get more in depth using like Bittrex as the standard exchange and use the API to calculate market depth.  It would calculate how much Sling given current market depth to reach one btc.  Not just last price.
Yeah that's cool in theory, I suppose though that the more complicated it becomes the more difficult it'd be to implement, the more open to manipulation the market would become, and the more determined would be those who wish to manipulate. As of now I for one think I'd feel more confident knowing that I'd receive the number of SLING i'd anticipated when I listed an item for sale. I expect SLING's value relative to other currencies to be volatile for now, I can live with that as long as I at least get the number of coins i'd anticipated, and as of now that's what I'd get regardless of whales, trolls and well, all the other exploits deviants might conjure.

So you're saying you'd rather get a set amount of sling, vs a set VALUE of sling?  Meaning 1 btc worth regardless of the market value of sling.  So if you sell a $500 asic, you don't care if you only got $75 in sling, as long as you got the initial amount of sling you wanted

Please, sell me your stuff.

And actually, the more complex the pricing algorithm is, the less susceptible it should be..
Yeah I'd rather know what I was getting in terms of numbers of coin, so that can't be manipulated, only the value can. I'd feel more comfortable knowing exactly what I'm getting until there's more stability. I think the less malleable the transaction is, i.e the more simple, the less susceptible it'll be to attacks.
Just my opinion, there's no perfect solution I don't think, there's probably always something which could be exploited.

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May 15, 2015, 07:43:20 AM
 #2262

Update:

Windows wallet upgrade with i2p:

https://mega.co.nz/#!FdUxRZZa!CufhSq96VjFm7fUF-f_E5YDxtNHkYNGb6MrTUKbuZ_0



If any of the community is good at writing and would like to help get the word out, we could use some press release / info pack style material to send to media outlets for some much needed publicity.

Sling lead developer
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May 15, 2015, 07:46:14 AM
 #2263

Update:

Windows wallet upgrade with i2p:

https://mega.co.nz/#!FdUxRZZa!CufhSq96VjFm7fUF-f_E5YDxtNHkYNGb6MrTUKbuZ_0



If any of the community is good at writing and would like to help get the word out, we could use some press release / info pack style material to send to media outlets for some much needed publicity.

Thanks For update sir ,,, Buy more

marcous
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May 15, 2015, 07:51:19 AM
 #2264

Update:

Windows wallet upgrade with i2p:

https://mega.co.nz/#!FdUxRZZa!CufhSq96VjFm7fUF-f_E5YDxtNHkYNGb6MrTUKbuZ_0



If any of the community is good at writing and would like to help get the word out, we could use some press release / info pack style material to send to media outlets for some much needed publicity.


aahh it's about time, darkness is fading... nice  Smiley

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May 15, 2015, 08:04:55 AM
 #2265

Update:

Windows wallet upgrade with i2p:

https://mega.co.nz/#!FdUxRZZa!CufhSq96VjFm7fUF-f_E5YDxtNHkYNGb6MrTUKbuZ_0



If any of the community is good at writing and would like to help get the word out, we could use some press release / info pack style material to send to media outlets for some much needed publicity.

Excellent! Thanks dev, just updated my wallet.  Smiley
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May 15, 2015, 08:11:07 AM
 #2266

Title of thread should say, "Live Decentralized Anon Market" or "Buy Sell Anything Goes",  IMHO.

Just got masternode working, I think.  It was breeze when figured out, but was much challenge for dimwit like me.  I mean, what the hell is "vps" on OP? 

Thanks dev.


Everyday, Sun rises and you are one step closer to your eventual demise.  What are you going to do today?
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May 15, 2015, 08:14:26 AM
 #2267

Update:

Windows wallet upgrade with i2p:

https://mega.co.nz/#!FdUxRZZa!CufhSq96VjFm7fUF-f_E5YDxtNHkYNGb6MrTUKbuZ_0



If any of the community is good at writing and would like to help get the word out, we could use some press release / info pack style material to send to media outlets for some much needed publicity.

Excellent! Thanks dev, just updated my wallet.  Smiley

Wait, what is that? I need to update wallet ?  After pulling hairs for 2 days setting up masternode, I need to update again? No.  Hope not.

Do I need to Dev?  I do not use i2p or tor. 

Everyday, Sun rises and you are one step closer to your eventual demise.  What are you going to do today?
kaene
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May 15, 2015, 08:23:39 AM
 #2268

Update:

Windows wallet upgrade with i2p:

https://mega.co.nz/#!FdUxRZZa!CufhSq96VjFm7fUF-f_E5YDxtNHkYNGb6MrTUKbuZ_0



If any of the community is good at writing and would like to help get the word out, we could use some press release / info pack style material to send to media outlets for some much needed publicity.

Could you update the Android wallet link? Current link is down.
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May 15, 2015, 08:52:16 AM
 #2269

buy more  Smiley Smiley
philipvdlinde
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May 15, 2015, 09:27:11 AM
 #2270

And still people keep dumping this coin, I am truly mindblown. Luckily there are some good signs of heavy accumilation.
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May 15, 2015, 09:41:34 AM
 #2271

Update:

Windows wallet upgrade with i2p:

https://mega.co.nz/#!FdUxRZZa!CufhSq96VjFm7fUF-f_E5YDxtNHkYNGb6MrTUKbuZ_0



If any of the community is good at writing and would like to help get the word out, we could use some press release / info pack style material to send to media outlets for some much needed publicity.

Excellent! Thanks dev, just updated my wallet.  Smiley

Hmm seems to be syncing slower then before
marcous
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May 15, 2015, 09:42:33 AM
 #2272

And still people keep dumping this coin, I am truly mindblown. Luckily there are some good signs of heavy accumilation.

little shake for weak hands is needed before goes up  Roll Eyes

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May 15, 2015, 11:35:57 AM
Last edit: May 15, 2015, 12:52:32 PM by SpiryGolden
 #2273

And still people keep dumping this coin, I am truly mindblown. Luckily there are some good signs of heavy accumilation.

little shake for weak hands is needed before goes up  Roll Eyes

That's a smart & wise thinking. Finally someone who see the accumulation .

We can all see that's is 10 BTC to 40K , any small willy whale can get it to that in few minutes. But what would be the point? Patience.
And thanks to developer for it's hard work.

I have a bad english so I wish I could help him. But once he has it's Media Package & all it needs I'll publish an article also regarding SLING.
Also the market needs a few updates to go well
One of them is getting STATIC CATEGORIES. So we don't see a SPAM of categories.

Meanwhile please DUMP more at 19K I really love them this cheap dirt coins.
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May 15, 2015, 01:14:51 PM
 #2274

How much longer will masternodes be on sale?
Mineotaur
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May 15, 2015, 03:09:38 PM
 #2275

How much longer will masternodes be on sale?

There's a time limit...?


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SpiryGolden
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May 15, 2015, 04:00:28 PM
 #2276

I love the people who dump at 19-20K they are never on profit. They are like mindless people.  Cheesy Cheesy If you have sell orders between 20-22K why don't dump already ? Smiley) for a few satoshi it won't make you rich or poor.  Roll Eyes hard to find the logic.
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May 15, 2015, 04:15:19 PM
 #2277

Should I by some coins. may be floor but it could also drop more.

wait or buy?


 
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May 15, 2015, 04:18:25 PM
 #2278

Should I by some coins. may be floor but it could also drop more.

wait or buy?

Do what you think and feel. The price that it is now it's stupid low. Like really stupid low. Is all time low. So whoever sells now like a dump, it's taking huge losses while smart guys accumulate them cheap.

Meanwhile the developer it's working his ass off. So all things are good . And even better the developer stayed with us even if the price was massacred.
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May 15, 2015, 04:22:17 PM
 #2279

How much longer will masternodes be on sale?

There's a time limit...?



It's just marketing. "Before the price goes to the moon".

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May 15, 2015, 04:59:40 PM
 #2280

can someone post detailed instructions on how to setup a VPS so we can run masternode?


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