Bitcoin Forum
May 26, 2017, 01:26:21 PM *
News: Latest stable version of Bitcoin Core: 0.14.1  [Torrent]. (New!)
 
   Home   Help Search Donate Login Register  

Warning: Moderators do not remove likely scams. You must use your own brain: caveat emptor. Watch out for Ponzi schemes. Do not invest more than you can afford to lose.

Pages: [1]
  Print  
Author Topic: Reputation Stock Markets  (Read 987 times)
Obsi
Jr. Member
*
Offline Offline

Activity: 30


View Profile
June 13, 2012, 02:57:25 AM
 #1

After seeing PatrickHarnett's thread about a credit rating system while having Accelerando open in the tab next to it, I got to thinking about the reputation markets Charles Stross writes about in the book.

Why not try for a constantly updated efficient market model for reputation/credit ranking based on crowdsourced information?

I'm still trying to wrap my head around a method that would work without allowing the negative incentivizations people may have in trying to tank someone's rep to buy in low and then wait for them to build their rep back up to sell high.

People have had similar ideas before.

It would be an interesting experiment IMHO, and I'd love to hear any ideas about how to make this a reality.
1495805181
Hero Member
*
Offline Offline

Posts: 1495805181

View Profile Personal Message (Offline)

Ignore
1495805181
Reply with quote  #2

1495805181
Report to moderator
1495805181
Hero Member
*
Offline Offline

Posts: 1495805181

View Profile Personal Message (Offline)

Ignore
1495805181
Reply with quote  #2

1495805181
Report to moderator
1495805181
Hero Member
*
Offline Offline

Posts: 1495805181

View Profile Personal Message (Offline)

Ignore
1495805181
Reply with quote  #2

1495805181
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1495805181
Hero Member
*
Offline Offline

Posts: 1495805181

View Profile Personal Message (Offline)

Ignore
1495805181
Reply with quote  #2

1495805181
Report to moderator
totaleclipseofthebank
Sr. Member
****
Offline Offline

Activity: 259


Bitcoin: Sell high or buy, trying


View Profile
June 13, 2012, 03:02:25 AM
 #2

Useless post, but this reminds me of Hiro's job in Snow Crash--basically selling tidbits of information to a gigantic centralized "Wiki" type information construct
OgNasty
Donator
Legendary
*
Offline Offline

Activity: 2198


nastyfans.org/mint


View Profile WWW
June 13, 2012, 03:07:22 AM
 #3

Wasn't Nefario testing the glbse predictions site to implement crowdsourced reputation ratings?

BITSLER                 ▄███
               ▄████▀
             ▄████▀
           ▄████▀  ▄██▄
         ▄████▀    ▀████▄
       ▄████▀        ▀████▄
     ▄████▀            ▀████▄
   ▄████▀                ▀████▄
 ▄████▀ ▄████▄      ▄████▄ ▀████▄
█████   ██████      ██████   █████
 ▀████▄ ▀████▀      ▀████▀ ▄████▀
   ▀████▄                ▄████▀
     ▀████▄            ▄████▀
       ▀████▄        ▄████▀
         ▀████▄    ▄████▀
           ▀████▄▄████▀
             ▀██████▀
               ▀▀▀▀
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄            
▄▄▄▄▀▀▀▀    ▄▄█▄▄ ▀▀▄         
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄      
█  ▀▄▄  ▀█▀▀ ▄      ▀████   ▀▀▄   
█ █▄  ▀▄   ▀████       ▀▀ ▄██▄ ▀▀▄
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█  ▀▀       ▀▄▄ ▀████      ▄▄▄▀▀▀  █
█            ▄ ▀▄    ▄▄▄▀▀▀   ▄▄  █
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀
█ ▄▄   ███   ▀██  █           ▀▀  █ 
█ ███  ▀██       █        ▄▄      █ 
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀  
▀▄            █        ▀▀      █  
▀▀▄   ███▄  █   ▄▄          █   
▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀    
▀▀▄   █   ▀▀▄▄▄▀▀▀         
▄▄▄▄▄▄▄▄▄▄▄█▄▄▀▀▀▀              
              ▄▄▄██████▄▄▄
          ▄▄████████████████▄▄
        ▄██████▀▀▀▀▀▀▀▀▀▀██████▄
▄     ▄█████▀             ▀█████▄
██▄▄ █████▀                ▀█████
 ████████            ▄██      █████
  ████████▄         ███▀       ████▄
  █████████▀▀     ▄███▀        █████
   █▀▀▀          █████         █████
     ▄▄▄         ████          █████
   █████          ▀▀           ████▀
    █████                     █████
     █████▄                 ▄█████
      ▀█████▄             ▄█████▀
        ▀██████▄▄▄▄▄▄▄▄▄▄██████▀
          ▀▀████████████████▀▀
              ▀▀▀██████▀▀▀
            ▄▄▄███████▄▄▄
         ▄█▀▀▀ ▄▄▄▄▄▄▄ ▀▀▀█▄
       █▀▀ ▄█████████████▄ ▀▀█
     █▀▀ ███████████████████ ▀▀█
    █▀ ███████████████████████ ▀█
   █▀ ███████████████▀▀ ███████ ▀█
 ▄█▀ ██████████████▀      ▀█████ ▀█▄
███ ███████████▀▀            ▀▀██ ███
███ ███████▀▀                     ███
███ ▀▀▀▀                          ███
▀██▄                             ▄██▀
  ▀█▄                            ▀▀
    █▄       █▄▄▄▄▄▄▄▄▄█
     █▄      ▀█████████▀
      ▀█▄      ▀▀▀▀▀▀▀
        ▀▀█▄▄  ▄▄▄
            ▀▀█████
[]
notme
Legendary
*
Offline Offline

Activity: 1708


View Profile
June 13, 2012, 03:57:46 AM
 #4

Sure, this could make it more expensive to run a ponzi, but couldn't they just buy up their ratings once they got the first few people to take a risk?

https://www.bitcoin.org/bitcoin.pdf
While no idea is perfect, some ideas are useful.
12jh3odyAAaR2XedPKZNCR4X4sebuotQzN
Bitcoin Oz
Hero Member
*****
Offline Offline

Activity: 700


Wat


View Profile WWW
June 13, 2012, 09:50:10 AM
 #5

Wasn't Nefario testing the glbse predictions site to implement crowdsourced reputation ratings?

The prediction market never took off it seems.


totaleclipseofthebank
Sr. Member
****
Offline Offline

Activity: 259


Bitcoin: Sell high or buy, trying


View Profile
June 13, 2012, 09:57:17 AM
 #6

The issue here is with credibility and independence. A btc ratings agency would have to be trusted by many people by having a well-established reputation, while also being independent from any assets that it is covering. The value of the company would be based on its reputation for being independent and objective.

This would be pretty hard to do while preserving anonymity.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!