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Author Topic: [BitFunder] Asset Exchange Marketplace + Rewritable Options Trading  (Read 129168 times)
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March 03, 2013, 05:58:01 PM
 #181

Sorry for this may be being an offtopic. I was wondering what are the possibilities of BitFunder following the same way as GLBSE did. Is it a real possibility ?

This might even be inevitable. I'd also like to hear some words on what has been done to keep it running for as long as possible.

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March 03, 2013, 09:16:56 PM
Last edit: March 04, 2013, 12:58:48 PM by Ukyo
 #182

Sorry for this may be being an offtopic. I was wondering what are the possibilities of BitFunder following the same way as GLBSE did. Is it a real possibility ?

First off let me make one thing very clear about the way GLBSE closed.

GLBSE was shut down without notice at the operators whim. It was not forced to do so by any third parties.

If I ever get a 'bad feeling', I would at offer a bare minimal of 7 days notice, but more likely 30~90 days depending on the reasoning.
After shutdown, any BTC held in accounts would be returned to their public BTC address. The public asset list as of time of shutdown would remain live and public.
Any issuers who have unclaimed shares from previous incidents will have full detailed information.

As for that 'bad feeling', you never know what life may surprise you with. The only way I see anything actually happening, would be some kind of odd government intervention.
BitFunder does not currently trade actual shares of ownership of businesses.
However you never know how any government may attempt to construe this. With this said, there are some very large plans in the works to ensure BitFunder's survivability.
Once the details on this are more finalized I will share the good news. In the mean time, which could be many many months as this will take some time, I see no immediate danger for the site.
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March 04, 2013, 12:39:46 AM
 #183

GLBSE was shut down without notice at the operators whim. It was not forced to do so by any third parties.

Very much this. Nefario's posturing trying to suggest some sort of agency was involved is just that many more lies coming from him (and he has been lying through his teeth, for that matter).

The simple fact is that at the time of GLBSE's implosion MPEx was doing more trade per month than GLBSE's total historical aggregate. You'd think if some sort of law enforcement was involved they'd have talked to the 90% rather than the ~5%, right? Well...they haven't.

Nefario lied. End of story.

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March 05, 2013, 02:39:31 AM
 #184

Its probably safe to say the pirate scam shut down glbse.

It really depends what income the exchange is getting and whether that covers the costs of running it, and whether the operator thinks they are receiving adequate compensation to motivate them.



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March 05, 2013, 02:42:56 AM
 #185

GLBSE was shut down without notice at the operators whim. It was not forced to do so by any third parties.

Very much this. Nefario's posturing trying to suggest some sort of agency was involved is just that many more lies coming from him (and he has been lying through his teeth, for that matter).

The simple fact is that at the time of GLBSE's implosion MPEx was doing more trade per month than GLBSE's total historical aggregate. You'd think if some sort of law enforcement was involved they'd have talked to the 90% rather than the ~5%, right? Well...they haven't.

Nefario lied. End of story.


Its because Law Enforcement cant even find MPEX.


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March 05, 2013, 02:48:08 AM
 #186

GLBSE was shut down without notice at the operators whim. It was not forced to do so by any third parties.

Very much this. Nefario's posturing trying to suggest some sort of agency was involved is just that many more lies coming from him (and he has been lying through his teeth, for that matter).

The simple fact is that at the time of GLBSE's implosion MPEx was doing more trade per month than GLBSE's total historical aggregate. You'd think if some sort of law enforcement was involved they'd have talked to the 90% rather than the ~5%, right? Well...they haven't.

Nefario lied. End of story.


Its because Law Enforcement cant even find MPEX.


It's more likely Nefario's lawyer advised him to not continue operations.
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March 05, 2013, 02:53:43 AM
 #187

GLBSE was shut down without notice at the operators whim. It was not forced to do so by any third parties.

Very much this. Nefario's posturing trying to suggest some sort of agency was involved is just that many more lies coming from him (and he has been lying through his teeth, for that matter).

The simple fact is that at the time of GLBSE's implosion MPEx was doing more trade per month than GLBSE's total historical aggregate. You'd think if some sort of law enforcement was involved they'd have talked to the 90% rather than the ~5%, right? Well...they haven't.

Nefario lied. End of story.


Its because Law Enforcement cant even find MPEX.


It's more likely Nefario's lawyer advised him to not continue operations.


He never had  a lawyer.

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March 07, 2013, 03:52:29 AM
 #188

Hey everyone,

I needed a break from wrapping up the current big BitFunder project so I decided to spend a half hour adding a new graph! Smiley

New graph type is now default graph tab to the asset page.
The new one allows you to save images of the graphs, and even pdfs.

Here is an example for sheer fun!



The older style graph is still available on the 'Alternative History Graph'.

I am still fine tuning it so it will work better with the images and other features.
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March 07, 2013, 05:35:33 AM
 #189

This is definitely the best graph of any bitcoin exchange Cheesy
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March 07, 2013, 07:45:45 AM
 #190

And it just got better.

I just set it to live update every 15 seconds showing any new trades. So you can just sit and watch the trades slide by. Wink

Depending on server load I may move this up or down as time goes by.
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March 07, 2013, 07:51:52 AM
 #191

And it just got better.

I just set it to live update every 15 seconds showing any new trades. So you can just sit and watch the trades slide by. Wink

Depending on server load I may move this up or down as time goes by.
Wow, nice! Maybe even MtGox live style graphs for popular assets?

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March 07, 2013, 07:56:47 AM
 #192

And it just got better.

I just set it to live update every 15 seconds showing any new trades. So you can just sit and watch the trades slide by. Wink

Depending on server load I may move this up or down as time goes by.
Wow, nice! Maybe even MtGox live style graphs for popular assets?

Already in the works.
Also have a special charting options I am going to setup once I push out the big project.
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March 07, 2013, 08:09:18 AM
 #193

Hey everyone,

I needed a break from wrapping up the current big BitFunder project so I decided to spend a half hour adding a new graph! Smiley

New graph type is now default graph tab to the asset page.
The new one allows you to save images of the graphs, and even pdfs.

Here is an example for sheer fun!



The older style graph is still available on the 'Alternative History Graph'.

I am still fine tuning it so it will work better with the images and other features.

Crypto-Trade graph inspired you ?  Smiley For graph dont forget its under license Wink

Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
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March 07, 2013, 08:47:46 AM
 #194

Hey everyone,

I needed a break from wrapping up the current big BitFunder project so I decided to spend a half hour adding a new graph! Smiley

New graph type is now default graph tab to the asset page.
The new one allows you to save images of the graphs, and even pdfs.

Here is an example for sheer fun!



The older style graph is still available on the 'Alternative History Graph'.

I am still fine tuning it so it will work better with the images and other features.

Crypto-Trade graph inspired you ?  Smiley For graph dont forget its under license Wink
Unlike Cryptostocks, I'm pretty sure BitFunder actually pays for the charts.
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March 07, 2013, 08:54:30 AM
 #195

Crypto-Trade graph inspired you ?  Smiley For graph dont forget its under license Wink

Hehe, it was actually a nice reminder that I needed to finish upgrading to it.
It was far cheaper than amstocks was for the large scope needed. Wink
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March 07, 2013, 09:05:56 AM
 #196

Hey everyone,

I needed a break from wrapping up the current big BitFunder project so I decided to spend a half hour adding a new graph! Smiley

New graph type is now default graph tab to the asset page.
The new one allows you to save images of the graphs, and even pdfs.

Here is an example for sheer fun!



The older style graph is still available on the 'Alternative History Graph'.

I am still fine tuning it so it will work better with the images and other features.

Crypto-Trade graph inspired you ?  Smiley For graph dont forget its under license Wink
Unlike Cryptostocks, I'm pretty sure BitFunder actually pays for the charts.

I was not telling this to claim they don't, just reminding was not a free license as many think it at first view Wink

Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
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March 07, 2013, 09:07:10 AM
 #197

Crypto-Trade graph inspired you ?  Smiley For graph dont forget its under license Wink

Hehe, it was actually a nice reminder that I needed to finish upgrading to it.
It was far cheaper than amstocks was for the large scope needed. Wink

Yes agree Smiley

Crypto-trade.com : https://bitcointalk.org/index.php?topic=149458.0
https://koddos.com and http://kovpslayer.com.  "Bitcointalkdiscount" to get 10% discount recurring.
wisard
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March 07, 2013, 10:34:49 AM
 #198

Awesome graphs!
Its awesome that you are constantly improving things.

One thing I had mentioned to you in a support ticket, mentioning it here too.

Please make it easy to count the number of decimal spaces.

0.000035 and 0.0000035 seem too similar and mistakes can happen.

I would recommend adding commas after decimal points too.
0.000,035 and 0.000,003,5

Or at least, make sure that each number has 8 digits after the decimal point. Don't get rid of the zeroes.
0.00003500 instead of 0.000035
(This is done on the My Assets page. But its not done on the Bid and Ask tables of the actual stock page.)

Thanks for keeping on rocking.

Buy me a beer or 2 if you enjoy my posts. BTC address: 1976Nb5u1T2haoxSZnJgHaemHYYtgKmTsU
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March 07, 2013, 10:36:42 AM
 #199

Awesome graphs!
Its awesome that you are constantly improving things.

One thing I had mentioned to you in a support ticket, mentioning it here too.

Please make it easy to count the number of decimal spaces.

0.000035 and 0.0000035 seem too similar and mistakes can happen.

I would recommend adding commas after decimal points too.
0.000,035 and 0.000,003,5

Or at least, make sure that each number has 8 digits after the decimal point. Don't get rid of the zeroes.
0.00003500 instead of 0.000035
(This is done on the My Assets page. But its not done on the Bid and Ask tables of the actual stock page.)

Thanks for keeping on rocking.

Yup, it will be #.####,#### when its supported right all over the site.
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March 07, 2013, 12:05:19 PM
 #200

Please make it easy to count the number of decimal spaces.

0.000035 and 0.0000035 seem too similar and mistakes can happen.

I would recommend adding commas after decimal points too.
0.000,035 and 0.000,003,5

Or at least, make sure that each number has 8 digits after the decimal point. Don't get rid of the zeroes.
0.00003500 instead of 0.000035
(This is done on the My Assets page. But its not done on the Bid and Ask tables of the actual stock page.)

Thanks for keeping on rocking.

Yup, it will be #.####,#### when its supported right all over the site.

Or you can introduce a way to use the mBTC and μBTC notation on the site. That would do it, and it would be consistent with the satoshi client.
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