[SDC] ShadowCash | Welcome to the UMBRA

[LiteBit]

So will the SDC price sellers set for items pegged to USD or is it a number they plug in that needs to be changed everytime ShadowCash price rises or declines? Important question. The best choice is that the system automatically updates a seller's item price to reflect current market conditions.

Yes. The price in SDC should be dynamic depending on the current market value

Awesome!

[koby]

Feel the Black coin pumper in the chart
He's ready

A lot of us are ready to pump as soon as the big news hits

What is the big news?

My BTCs are ready to pump it up when the public release of ZK will be submitted. Going to significantly increase my shadow investments this time

Will you push the coin to $100 a coin?

[dadon]

Feel the Black coin pumper in the chart
He's ready

A lot of us are ready to pump as soon as the big news hits

What is the big news?

My BTCs are ready to pump it up when the public release of ZK will be submitted. Going to significantly increase my shadow investments this time

Will you push the coin to $100 a coin?

Koby I don't think they have that much to pump into it hahaha

[rustynailer]

*Slowclap* again devs. Thanks for your work. I wish there was an emoticon with tears and a smile face.

[Automatic Monkey]

Awesome work!




This is gonna be a huge marketplace

So will the SDC price sellers set for items pegged to USD or is it a number they plug in that needs to be changed everytime ShadowCash price rises or declines? Important question. The best choice is that the system automatically updates a seller's item price to reflect current market conditions.

Not best at all, not for the coin. If you want fiat for your item, put it on Ebay. If you want to increase the value of the coin the items have to be denominated in the coin, and that will stabilize the value of the coin by relating it to items of known value.

The lower SDC price sellers are willing to accept for their items, the greater the value of SDC relative to fiat and to BTC becomes.

Of course, the SDC marketplace is likely to contain a few items not available on Ebay.

[skip60]

My BTCs are ready to pump it up when the public release of ZK will be submitted. Going to significantly increase my shadow investments this time

"My BTCs are ready to pump it up when the public release of ZK will be submitted" what u wrote doesnt make any sense

one simple question....

- why dont u buy now?

dont u trust that sdc devs will deliver ZK or u like to buy from high prices???

[ffmad]

My BTCs are ready to pump it up when the public release of ZK will be submitted. Going to significantly increase my shadow investments this time

"My BTCs are ready to pump it up when the public release of ZK will be submitted" what u wrote doesnt make any sense

one simple question....

- why dont do buy now?

dont u trust that sdc devs will deliver ZK or u like to buy from high prices???

maybe because a pump atm won't have enough support because nothing is on livenet yet ? ^^

[dadon]

SDC doesn't need pumping and talking about pumping it is worst then price speculation, let it grow organically, pump something else.

[Cornett]

skip60, i have a decent value of shadow, but i buy more on the news to move the volume. It is necessary for high activity on the market and helps to stabilize up-trend of the price. With these actions I don't think about my own benefit, I'm thinking about bringing attention to the project as a whole. Because i'm fully devoted to this project.

With Regards, Cornett.

[drAGon925]

skip60, i have a decent value of shadow, but i buy more on the news to move the volume. It is necessary for high activity on the market and helps to stabilize up-trend of the price. With these actions I don't think about my own benefit, I'm thinking about bringing attention to the project as a whole. Because i'm fully devoted to this project.

With Regards, Cornett.

+1

That's it,  I also have enough SDC, and much more value of btc,
waiting for mainnews to support SDC.
0.05-0.1$ is funny price for such a coin   

Regards to all shadows 

[skip60]

skip60, i have a decent value of shadow, but i buy more on the news to move the volume. It is necessary for high activity on the market and helps to stabilize up-trend of the price. With these actions I don't think about my own benefit, I'm thinking about bringing attention to the project as a whole. Because i'm fully devoted to this project.

With Regards, Cornett.

nice point of view, thanks for clarification

me on the other hand, try to support the coin and buy more during the nonsense-dumps below 20k (but, i am sure some people were thinking that i am the who was dumping)

[drAGon925]

skip60, i have a decent value of shadow, but i buy more on the news to move the volume. It is necessary for high activity on the market and helps to stabilize up-trend of the price. With these actions I don't think about my own benefit, I'm thinking about bringing attention to the project as a whole. Because i'm fully devoted to this project.

With Regards, Cornett.

nice point of view, thanks for clarification

me on the other hand, try to support the coin and buy more during the nonsense-dumps below 20k (but, i am sure some people were thinking that i am the who was dumping)

No one is thinking of you so much 

I saw you were dissatisfied with treatment in the forum.

The thing is, it feels dose of negativity and insecurity in your comments.
Devs and team doing the best they can and know.
Community is the one who decides what he wants and can make for SDC.

Personally, I do not agree with your written many times "price does not lie"
It is so relevant and arguably it's ridiculous to repeat these sayings.

[4M8B]

I2P anonymous network is coming

Are all those things going to be released @ once ? zk, i2p, marketplace ?
This will hit the news on a scale of 10 I think...

[Cornett]

I2P anonymous network is coming

Are all those things going to be released @ once ? zk, i2p, marketplace ?
This will hit the news on a scale of 10 I think...

No. You say quite unrealistic. There is no magic. High quality products appear gradually and in stages. These things are only in the development stage and will eventually appear on line. But first and foremost we will see the final public release of ZeroKnowlege

[4M8B]

No. You say quite unrealistic. There is no magic. High quality products appear gradually and in stages. These things are only in the development stage and will eventually appear on line. But first and foremost we will see the final public release of ZeroKnowlege

Ok I understand ... ;-)

[LiteBit]

So will the SDC price sellers set for items pegged to USD or is it a number they plug in that needs to be changed everytime ShadowCash price rises or declines? Important question. The best choice is that the system automatically updates a seller's item price to reflect current market conditions.

Not best at all, not for the coin. If you want fiat for your item, put it on Ebay. If you want to increase the value of the coin the items have to be denominated in the coin, and that will stabilize the value of the coin by relating it to items of known value.

The lower SDC price sellers are willing to accept for their items, the greater the value of SDC relative to fiat and to BTC becomes.

Of course, the SDC marketplace is likely to contain a few items not available on Ebay.

Sorry, I think you misunderstood me. I don't want fiat but I do have costs to distributors and suppliers. So listing an item on a static system (ie: 1 item for 1,000SDC) where the price doesn't change with the market is not something I want to do. It's a waste of my time to have to check the market prices and then re-enter all the prices potentially every hour on the hour. So if I list @ 1,000 SDC and the market cap of SDC drops I lose money and if it rises customers won't buy it (too expensive).

But, if the system is automatic as Cornett says, then my time is much more efficient, customers still get the best deals and I can pay my guys and pull a profit. That's all the question was asking.

[Coolstoryteller]

So will the SDC price sellers set for items pegged to USD or is it a number they plug in that needs to be changed everytime ShadowCash price rises or declines? Important question. The best choice is that the system automatically updates a seller's item price to reflect current market conditions.

Not best at all, not for the coin. If you want fiat for your item, put it on Ebay. If you want to increase the value of the coin the items have to be denominated in the coin, and that will stabilize the value of the coin by relating it to items of known value.

The lower SDC price sellers are willing to accept for their items, the greater the value of SDC relative to fiat and to BTC becomes.

Of course, the SDC marketplace is likely to contain a few items not available on Ebay.

Sorry, I think you misunderstood me. I don't want fiat but I do have costs to distributors and suppliers. So listing an item on a static system (ie: 1 item for 1,000SDC) where the price doesn't change with the market is not something I want to do. It's a waste of my time to have to check the market prices and then re-enter all the prices potentially every hour on the hour. So if I list @ 1,000 SDC and the market cap of SDC drops I lose money and if it rises customers won't buy it (too expensive).

But, if the system is automatic as Cornett says, then my time is much more efficient, customers still get the best deals and I can pay my guys and pull a profit. That's all the question was asking.

+1

Make sure to add your feedback on shadowtalk, they tend to get lost in this giant thread.

Design thread: http://shadowtalk.org/topic/289/sbay

Feature request thread: http://shadowtalk.org/topic/268/shadybay-decentralized-shadowcash-marketplace-listings-and-exchange

[Automatic Monkey]

So will the SDC price sellers set for items pegged to USD or is it a number they plug in that needs to be changed everytime ShadowCash price rises or declines? Important question. The best choice is that the system automatically updates a seller's item price to reflect current market conditions.

Not best at all, not for the coin. If you want fiat for your item, put it on Ebay. If you want to increase the value of the coin the items have to be denominated in the coin, and that will stabilize the value of the coin by relating it to items of known value.

The lower SDC price sellers are willing to accept for their items, the greater the value of SDC relative to fiat and to BTC becomes.

Of course, the SDC marketplace is likely to contain a few items not available on Ebay.

Sorry, I think you misunderstood me. I don't want fiat but I do have costs to distributors and suppliers. So listing an item on a static system (ie: 1 item for 1,000SDC) where the price doesn't change with the market is not something I want to do. It's a waste of my time to have to check the market prices and then re-enter all the prices potentially every hour on the hour. So if I list @ 1,000 SDC and the market cap of SDC drops I lose money and if it rises customers won't buy it (too expensive).

But, if the system is automatic as Cornett says, then my time is much more efficient, customers still get the best deals and I can pay my guys and pull a profit. That's all the question was asking.

If that's the case, then list it someplace else in dollars and buy SDC with the dollars. Not trying to be an ass or anything, but using SDC as a proxy for dollars (means of exchange) is different than using SDC as a currency (store of value).

The other problem with this system you describe is that a whale can pump the market, which reduces the SDC you get, buy your product, then dump, making the coins you got worth even less. So you can get screwed just as easily with a system that converts the price from dollars as one where you get denominated in SDC. Once the coin is distributed to the point where such manipulation is not possible that won't be a problem, but at that point the overnight fluctuations in SDC won't be a worry either. 

[Coolstoryteller]

So will the SDC price sellers set for items pegged to USD or is it a number they plug in that needs to be changed everytime ShadowCash price rises or declines? Important question. The best choice is that the system automatically updates a seller's item price to reflect current market conditions.

Not best at all, not for the coin. If you want fiat for your item, put it on Ebay. If you want to increase the value of the coin the items have to be denominated in the coin, and that will stabilize the value of the coin by relating it to items of known value.

The lower SDC price sellers are willing to accept for their items, the greater the value of SDC relative to fiat and to BTC becomes.

Of course, the SDC marketplace is likely to contain a few items not available on Ebay.

Sorry, I think you misunderstood me. I don't want fiat but I do have costs to distributors and suppliers. So listing an item on a static system (ie: 1 item for 1,000SDC) where the price doesn't change with the market is not something I want to do. It's a waste of my time to have to check the market prices and then re-enter all the prices potentially every hour on the hour. So if I list @ 1,000 SDC and the market cap of SDC drops I lose money and if it rises customers won't buy it (too expensive).

But, if the system is automatic as Cornett says, then my time is much more efficient, customers still get the best deals and I can pay my guys and pull a profit. That's all the question was asking.

If that's the case, then list it someplace else in dollars and buy SDC with the dollars. Not trying to be an ass or anything, but using SDC as a proxy for dollars (means of exchange) is different than using SDC as a currency (store of value).

The other problem with this system you describe is that a whale can pump the market, which reduces the SDC you get, buy your product, then dump, making the coins you got worth even less. So you can get screwed just as easily with a system that converts the price from dollars as one where you get denominated in SDC. Once the coin is distributed to the point where such manipulation is not possible that won't be a problem, but at that point the overnight fluctuations in SDC won't be a worry either.  

I think you're missing the suggestion. It would be pegged to a fiat currency with real time price update on the item or service listed. So if you're selling a video card for $200 or Euro the price would be converted into SDC and displayed there along with the dollar or euro value. That way it doesn't really matter if a whale is pumping or dumping you're still getting the base value for the item. Without a concept like this sellers would have to adjust the price themselves.

In the end people like options, so being able to choose either option of pegging to native fiat or just crypto amount when listing and item/service could be a happy median.

Throw your feedback on the design thread or the feature suggestion thread. That way it's on the radar and doesn't get lost in this thread.

[fearcoka]

Im sure we can easily set a price in USD and it will match the number of SDC needed for that item regardless of the volatility.