GLBSE 2.0 open for testing

[Nefario]

He was visiting his wife's family in China. I'm not sure when he's going back home. I believe within the next 2 weeks.

I'm in London now, I've had a look at the attempted "hack", quite funny if it wasn't annoying to users. I hadn't considered putting limits on the number of PM's some can send.

I'll also clean up the spam.

[Lethos]

Nefario, I did a quick search, but couldn't find this being suggested before, at least since you introduced the idea of the different markets, pink, blue and white (good idea btw). Gathered this should be a value of trust in these bonds.

Can we add another to the list that fills the criteria for ones that are rolling down their operation's or in fact dead or inactive?

For example, we have a lot bonds, that are directly linked to pirate investments (PPT). Contracts are broken, dividends aren't being paid out, buy backs can't or aren't occurring. It's an asset which shouldn't be traded by anyone and that should be made quiet clear with a separate group for them.

[Nefario]

Nefario, I did a quick search, but couldn't find this being suggested before, at least since you introduced the idea of the different markets, pink, blue and white (good idea btw). Gathered this should be a value of trust in these bonds.

Can we add another to the list that fills the criteria for ones that are rolling down their operation's or in fact dead or inactive?

For example, we have a lot bonds, that are directly linked to pirate investments (PPT). Contracts are broken, dividends aren't being paid out, buy backs can't or aren't occurring. It's an asset which shouldn't be traded by anyone and that should be made quiet clear with a separate group for them.

So another market then...black colour?

[Monster Tent]

Nefario, I did a quick search, but couldn't find this being suggested before, at least since you introduced the idea of the different markets, pink, blue and white (good idea btw). Gathered this should be a value of trust in these bonds.

Can we add another to the list that fills the criteria for ones that are rolling down their operation's or in fact dead or inactive?

For example, we have a lot bonds, that are directly linked to pirate investments (PPT). Contracts are broken, dividends aren't being paid out, buy backs can't or aren't occurring. It's an asset which shouldn't be traded by anyone and that should be made quiet clear with a separate group for them.

So another market then...black colour?

That would be nice.

[Lethos]

Nefario, I did a quick search, but couldn't find this being suggested before, at least since you introduced the idea of the different markets, pink, blue and white (good idea btw). Gathered this should be a value of trust in these bonds.

Can we add another to the list that fills the criteria for ones that are rolling down their operation's or in fact dead or inactive?

For example, we have a lot bonds, that are directly linked to pirate investments (PPT). Contracts are broken, dividends aren't being paid out, buy backs can't or aren't occurring. It's an asset which shouldn't be traded by anyone and that should be made quiet clear with a separate group for them.

So another market then...black colour?

That would be a good choice. Thanks for taking my input on board Nafario.

[Lethos]

Thanks Nefario, just noticed the black market going up and moved a few securities over.

[SebastianJu]

What does blue and pink market mean and why is the big list in pink market and not in white one?

[bitcoinbear]

What does blue and pink market mean and why is the big list in pink market and not in white one?

Everything starts in Pink. Assets get moved up to white and then blue when they meet more stringent verification.

[SebastianJu]

I believe then should be an explaination be there. Or is that a usual term? I heard it the first time now. By the way... who is judgint that? Is it only the securitypart of an offer or does it mean if it looks like a legit business, if it works like it should and so on?

[Nefario]

What does blue and pink market mean and why is the big list in pink market and not in white one?

The color-coded names just add an extra level of indirection and confusion. Why not some single-word names that convey meaning? For example:

• unverified
  
• verified
• audited
• defaulting

Yes and no, although you're descriptions are handy, they're not comprehensive.
The differences are not just what is in the names.

Also some great news, thanks to LWCoder for creating an awesome GLBSE Android client, it's up on the GLBSE front page (you'll need to logout to get it).

[nimda]

Hey Nefario, are you ever going to update the blog linked at the bottom of every page?
If not then please remove that link.

[Nefario]

Hey Nefario, are you ever going to update the blog linked at the bottom of every page?
If not then please remove that link.

Sure I will, I just need to get around to it.

[Stephen Gornick]

Yes and no, although you're descriptions are handy, they're not comprehensive.
The differences are not just what is in the names.

I had been asked for the reasons behind the color scheme.  I hadn't seen this thread, but wanted to share my response to the question.

Actually what is the purpose of "color" market?

The Blue Market, I'm assuming, comes from the term Wall Street uses to refer to its premium companies ... Blue Chip stocks.   The term Blue Chip comes from poker play, where chips are different colors for different denominations.  In a typical Red, White and Blue set of chips the white might be $1, red being $5 and blue chips at $10.    So it simply refers to "top shelf" stocks.

I'm making assumptions as to how GLBSE came up with the names, but they make sense.

So the next level, White market is basically "commoner" companies.  i.e., more risky than blue chips but you probably are safe, the owner has provided identity to GLBSE, is valued by the varket.

The lower tier is Pink, again a Wall Street reference.  Pink sheet stocks are the bottom tier.  Penny stocks, including new companies that have no track record and aren't valued enough to make it onto the higher levels, as well as previously listed companies that no longer are reporting their results in a timely manner.  Pink sheet stocks are often times scams, and others are high risk but end up doing quite wall too. 

Black market is probably for stuff like stocks issued by anonymous (unverified) parties, possible ponzi stocks, ones that possibly operate illegally (e.g. if someone were to issue a stock to buy and sell pirated music, for instance, it might appear under black market.)

[Lethos]

Black market was a listing I suggested for stocks that clearly broke their contract and are now winding down their operations or have already stopped operating. It's suppose to signify a market no one should be trading these stocks anymore, unless of course to buy-out, or sell them off to the risk takers.

It doesn't list anything that is against their TOS from it's start of operation, but sometimes a ponzi or scam will end up there due the above mentioned reason for this market existing.

[Nefario]

stephen Almost got it right, except for black markets,  as Lethos said it's for dying assets.

[BitcoinINV]

Should have named it the Graveyard and left its color black lol

[SebastianJu]

Can 2 auth google used without an smartphone too? I have a smartphone whose android market email password i dont have. So i cant install apps anymore except i set the whole phone back.

So can i use it another way to get the security? I have a strong password anyway but to be sure...

[bitfoo]

Also some great news, thanks to LWCoder for creating an awesome GLBSE Android client, it's up on the GLBSE front page (you'll need to logout to get it).

That's great. But is this an official endorsement of the app by GLBSE? Does it mean that the source code of the app has been audited and that it won't try to do anything funny with my API key?

I'm not accusing anyone of anything, just want to know what the level of endorsement of this app is by GLBSE.

[Nefario]

Also some great news, thanks to LWCoder for creating an awesome GLBSE Android client, it's up on the GLBSE front page (you'll need to logout to get it).

That's great. But is this an official endorsement of the app by GLBSE? Does it mean that the source code of the app has been audited and that it won't try to do anything funny with my API key?

I'm not accusing anyone of anything, just want to know what the level of endorsement of this app is by GLBSE.

No it does not, but the only thing the API can do is buy/sell and get your account details.

[OgNasty]

Nefario,
Any idea when the last dividend paid per share will be added to the public api?  It would make me any my shareholders very happy.