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Author Topic: Bitcoin source used as a stock market  (Read 1452 times)
Nefario
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June 23, 2011, 09:35:55 PM
 #1

Seen this.

http://www.kurzweilai.net/forums/topic/im-planning-the-successor-of-bitcoin

Wondering how usefull is it (from scanning over it seems doable).

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hamdi
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June 23, 2011, 09:40:42 PM
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go for it
the more diverse the better
more currencies more possibilities

Longmarch
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June 23, 2011, 09:55:02 PM
 #3

Can you summarize?  It's not just long, it's kinda over my head... as interesting as it seems.

Nefario
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June 23, 2011, 10:44:11 PM
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Can you summarize?  It's not just long, it's kinda over my head... as interesting as it seems.



So instead of sending a bitcoin, you can create an asset/share or whatever the case may be and send that. AFAICT it also puts in the users reputation, so everyone has a reputation record or something.

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samablog
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June 24, 2011, 02:36:27 AM
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It had occurred to me that using bitcoin tech, you could trade shares of stock in a company, instead of portions of currency.  And the advantage would be that it would be I possible to naked short sell the shares. 

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June 24, 2011, 02:39:10 AM
 #6

Quote
It will be a decentralized stock market where any string can be a stock. It works equally well for short and long strings.

So..... NameCoin?

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June 24, 2011, 02:53:41 AM
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An unregulated stock market?  wow, like BTC but for stocks, noone can touch it.

Lets say , If I want to start a T-shirt company, I issue shares, and they are bought on the exchange and this funds my business.

The shares go on to trade and be speculated on by traders.

nice.
Nefario
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June 24, 2011, 04:11:13 AM
 #8

An unregulated stock market?  wow, like BTC but for stocks, noone can touch it.

Lets say , If I want to start a T-shirt company, I issue shares, and they are bought on the exchange and this funds my business.

The shares go on to trade and be speculated on by traders.

nice.

Have you looked at my Sig?

If you're looking for an unregulated bitcoin stock market, glbse.com is already there.

Nefario.

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June 24, 2011, 04:23:20 AM
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nefario

very nice,  Ive seen you around but just woke up to this realization.
Andrew Vorobyov
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June 24, 2011, 06:37:06 AM
 #10

BS idea... Nefario's work so much more useful and backed by Bitcoin network..

Nefario
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June 24, 2011, 09:24:21 AM
 #11

nefario

very nice,  Ive seen you around but just woke up to this realization.

Maybe I need to have my Sig as flashing text, or scroll perhaps.

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