BMOO
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June 30, 2015, 11:51:11 PM |
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What´s up here ?
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trader19
Legendary
Offline
Activity: 1232
Merit: 1001
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July 01, 2015, 06:45:39 AM |
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I think the idea is to consider the market operator as a clearing house and a middleman. And the 10k crave work as a collateral if something goes wrong. Or maybe im wrong.
How is the 10k collateral? Could they just not set up another market (transfer funds to different wallet/identity) and resume under a new "market" ? ICM partly answered this questions, here the quote:but “As an example, say I put up 10,000 CRAVE collateral and open a market.”
who will take that 10000 CRAVE? what happen if that guy run away?
Nobody. Its collateral. If he spends it/moves it, then his market closes. Same thing as with the masternode collateral. MMM, i kind of like the idea of 10k for a market, is there an example of how would a market would work on the network or would it be on the token part only?
It will not be on the token part aka DarkPool. It will use CRAVE directly. I wrote up a brief example many pages ago, but simply you will be able to put up 10k CRAVE as collateral, similar to how you put up 500 to get an Adrenaline Node, and open an Urge market. You can set your fee, set any required vendor bond, and collect the fees on the transactions that occur in your market. In return for the fee, the market op is expected to handle escrow and dispute resolution and curation/moderation of their market how they see fit. The market op can't run an exit scam because all funds are protected by Surge Protector. and some more information about Markets i digged out ICM: How will the escrow work? You mentioned users can use btc on the market instead of crave so does this mean our Crave wallets will have BTC addresses in them as well? That users can send BTC to for the urge markets?
Anyone? I had said that supporting BTC in addition to Crave is not impossible but is challenging. I know a way it can be done but it is something to slate on the schedule after getting the remaining items on the current roadmap out, as it will probably take some time and tinkering to prove it out. The escrow in Crave is 3 party escrow. The Urge market operator acts at the 3rd party. As part of normal operations their node will auto-release the funds unless there is a dispute, in which case they can then mediate and decide what to do with the escrowed funds. It is useful outside of the markets as well so it made sense to modularize it and do the escrow management as its own feature with workflow, this way it can be built and unit tested easier. Its like dropping the engine in the car ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) As an example, say I put up 10,000 CRAVE collateral and open a market.
I name it Arctic Pyramid. I am allowed to upload a small 256x256 logo for my market. I decide to set my combined fully loaded fee at 3% per transaction between buyer and vendor.
I setup my categories, specify my escrow stealth address and my encrypted messaging support address and open for business.
Vendor X, goes in the wallet and browses the markets and decides to place his listing in Arctic Pyramid. He chooses a category and lists his product or service with all the details.
Buyer Z, goes in the wallet and browses the available markets, and selects the Arctic Pyramid market, and finds Vendor X's listing and places an order.
He creates a 2-of-3 multi-sig transaction containing the amount of the product or service and the market fee and sends it to the vendor, who signs it, and sends it to a key derived from the market stealth address.
After some auto-timeout period the market node will auto-sign and release the funds to the vendor, unless the buyer opens a dispute before the timeout period expires. Or, the buyer could choose to sign and release the funds before the timeout expires and close out the transaction.
After a transaction is successfully closed out the buyer and vendor may leave feedback for each other (similar to how localbitcoins works).
Maybe Vendor Y goes in the wallet and makes a listing for a product or service that I disallow or don't approve of. I can choose to block the listing, as part of my responsiblity as a market owner to be a curator.
Maybe when I open Arctic Pyramid I decide it is going to be only for art and my fee will be 15% because I provide concierge-level service through my encrypted messaging support address. And so I aggressively curate my market to make sure it is always clean with only high quality works of art, and I make sure to respond fast to customers through the support address and give them the VIP treatment. (I don't know anything about art actually, so maybe that's a bad example, but you get the idea).
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BitcoinFr34k
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July 01, 2015, 09:44:57 AM |
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01.07.2015 and no update. DEV offline Yeah... bright future... Bright like a sun or a SCAM. Kids will cry soon.
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needmoney
Legendary
Offline
Activity: 1848
Merit: 1023
I am a good bro
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July 01, 2015, 10:19:42 AM |
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01.07.2015 and no update. DEV offline Yeah... bright future... Bright like a sun or a SCAM. Kids will cry soon.
ya ya ya ya ya sure(!) So for this reason it rise from 70k satoshi to the 80-90k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif)
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globalwarming
Newbie
Offline
Activity: 15
Merit: 0
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July 01, 2015, 11:55:13 AM |
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01.07.2015 and no update. DEV offline Yeah... bright future... Bright like a sun or a SCAM. Kids will cry soon.
ya ya ya ya ya sure(!) So for this reason it rise from 70k satoshi to the 80-90k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Name: industrialcoinmagic Posts: 308 Activity: 112 Position: Member Date Registered: March 17, 2015, 06:25:57 PM Last Active: June 29, 2015, 09:48:11 PM
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needmoney
Legendary
Offline
Activity: 1848
Merit: 1023
I am a good bro
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2015, 12:04:59 PM |
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01.07.2015 and no update. DEV offline Yeah... bright future... Bright like a sun or a SCAM. Kids will cry soon.
ya ya ya ya ya sure(!) So for this reason it rise from 70k satoshi to the 80-90k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Name: industrialcoinmagic Posts: 308 Activity: 112 Position: Member Date Registered: March 17, 2015, 06:25:57 PM Last Active: June 29, 2015, 09:48:11 PM It doesn't prove anything.
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BitcoinFr34k
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July 01, 2015, 12:31:33 PM |
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01.07.2015 and no update. DEV offline Yeah... bright future... Bright like a sun or a SCAM. Kids will cry soon.
ya ya ya ya ya sure(!) So for this reason it rise from 70k satoshi to the 80-90k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Fake pump to stabilize price before mega dump. It's old trick. Name: industrialcoinmagic Posts: 308 Activity: 112 Position: Member Date Registered: March 17, 2015, 06:25:57 PM Last Active: June 29, 2015, 09:48:11 PM It prove everything. He has something more important to do than reply messages from concerned community. Poor communication killed a lot of coins.
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hughbt
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2015, 12:47:05 PM |
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01.07.2015 and no update. DEV offline Yeah... bright future... Bright like a sun or a SCAM. Kids will cry soon.
ya ya ya ya ya sure(!) So for this reason it rise from 70k satoshi to the 80-90k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Fake pump to stabilize price before mega dump. It's old trick. Talking shit about a coin to lower the price. It's old trick.
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Starin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2015, 12:48:42 PM |
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MMM, i kind of like the idea of 10k for a market, is there an example of how would a market would work on the network or would it be on the token part only?
It will not be on the token part aka DarkPool. It will use CRAVE directly. I wrote up a brief example many pages ago, but simply you will be able to put up 10k CRAVE as collateral, similar to how you put up 500 to get an Adrenaline Node, and open an Urge market. You can set your fee, set any required vendor bond, and collect the fees on the transactions that occur in your market. In return for the fee, the market op is expected to handle escrow and dispute resolution and curation/moderation of their market how they see fit. The market op can't run an exit scam because all funds are protected by Surge Protector. Hmm, nice dig man trader. I am curious how this "Surge Protector" will work. Also I asked ICM if he thinks to reconsider "darksend" and "instantx", cause when I was looking at his earlier posts he said he found some flaws in the code that could be developed. I've been speaking about this with community lately, what do you guys think about increasing the masternode requirement to 1000 CRAVE?
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Starin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2015, 12:52:26 PM |
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01.07.2015 and no update. DEV offline Yeah... bright future... Bright like a sun or a SCAM. Kids will cry soon.
ya ya ya ya ya sure(!) So for this reason it rise from 70k satoshi to the 80-90k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Fake pump to stabilize price before mega dump. It's old trick. Talking shit about a coin to lower the price. It's old trick. Well, if dev is not online since 2 days just when an annoucement is supposed to be made... I feel we have a right to be concerned ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) There was no announcement to be made. Please do not fall for the troll trick lol. THIS SCRUB COMES WITH ALL OF HIS ALT ACCOUNTS TO FUD FOR CHEAP COINS, DO NOT FALL INTO THAT TRICK.
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Suntouri
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July 01, 2015, 12:53:39 PM |
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sell today, cry tomorrow Dev is working guys...
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PaidFudder
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July 01, 2015, 01:02:00 PM |
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i can imagine very well that he appears right after some panic dumbs "oh sry guy" BLA BLA BLA BULLSHIT p/d er
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Starin
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 01, 2015, 01:04:31 PM |
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01.07.2015 and no update. DEV offline Yeah... bright future... Bright like a sun or a SCAM. Kids will cry soon.
ya ya ya ya ya sure(!) So for this reason it rise from 70k satoshi to the 80-90k ![Cool](https://bitcointalk.org/Smileys/default/cool.gif) Fake pump to stabilize price before mega dump. It's old trick. Talking shit about a coin to lower the price. It's old trick. Well, if dev is not online since 2 days just when an annoucement is supposed to be made... I feel we have a right to be concerned ![Undecided](https://bitcointalk.org/Smileys/default/undecided.gif) There was no announcement to be made. Please do not fall for the troll trick lol. THIS SCRUB COMES WITH ALL OF HIS ALT ACCOUNTS TO FUD FOR CHEAP COINS, DO NOT FALL INTO THAT TRICK.I beg your pardon ? What gives you a right to insult me like that ? I have no alt account FUDing. I am not FUDing ! I just want to know ! Don't you have any words to tell me this is a good investment instead of insulting me ? Its not for you, its for that guy who writes in different colors with baseless fud. ![Tongue](https://bitcointalk.org/Smileys/default/tongue.gif) But you are kinda falling into trick, there was no release date. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) i can imagine very well that he appears right after some panic dumbs "oh sry guy" BLA BLA BLA BULLSHIT p/d er
Your name suits you. Now, may someone anwer my concerns please ? Why is CRAVE a good investment atm ? At the moment, you can get good coins with staking or operating an MN. Check this profit calculator to roughly see in how many days you can ROI. We have a great community at Slack and we are working on multiple projects, most of them are done. We have 2 more things to do: Payment processors and online wallet. Than we will start to market CRAVE as much as we can. On the development part, icm is developing an in-wallet market which is pretty interesting. You can find all the details about the markets in previous pages, we just lately discussed them. ![Wink](https://bitcointalk.org/Smileys/default/wink.gif)
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Starin
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July 01, 2015, 01:10:51 PM |
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Oh, ok ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But market is about to come ? ICM said he was hoping to get it ready by the end of June. Obviously he couldn't. He said he was done with the backend coding but was dealing with interface.
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Starin
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July 01, 2015, 01:14:39 PM |
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Oh, ok ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) But market is about to come ? ICM said he was hoping to get it ready by the end of June. Obviously he couldn't. He said he was done with the backend coding but was dealing with interface. I see. Too bad Its ok. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif) Anyone with a brain could understand that what he is working on is not a 2 day job. He has given some spoilers about the interface in his previous posts (being like the Steam app ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) ), you can go check to have a feeling what's coming. I'm perfectly fine with waiting, also market seems ok with that as despite all those dumps we yet see some buy support. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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olcaytu2005
Legendary
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Activity: 1470
Merit: 1024
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July 01, 2015, 01:39:31 PM |
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Listen to me all fuders. If you think crave is a scam then sell all your crave to me. I offer 85k satoshi for every crave . Just pm me.
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tkon3
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July 01, 2015, 01:53:57 PM |
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Listen to me all fuders. If you think crave is a scam then sell all your crave to me. I offer 85k satoshi for every crave . Just pm me.
I doubt fudders are owning crave.
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daveolake
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July 01, 2015, 05:06:18 PM |
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Just don't get the fudding. would'nt your time be better spent promoting your coin of choice. instead of slaming Crave for you personal enjoyment.
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Starin
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July 01, 2015, 05:53:40 PM |
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Pi version of a staking wallet available or in the works for this coin? Seems like a pretty active POS coin with a suitable amount of people into it.
I don't think there is something specific being worked on. Someone mentioned on slack that he was willing to try something out. @trader was it you?
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EmilioMann
Legendary
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Merit: 1028
#mitandopelomundo
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July 01, 2015, 05:58:32 PM |
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blah blah blah
Tried with Windows 8! Compiled BlackCoin LIKE A BOSS! I have SECP256k1 by sipa. What else?
c'mon man. go ask this on blackcoin's thread. ICM already helped you a lot.
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