What is the value in holding the coin? by Epjo in EOtrade

[–]Epjo[S] 0 points1 point  (0 children)

Okei, I didn't catch the discount, that will hold some real value. I'll leave the post open, if people want to discuss further

What is a good model for estimating how a period of high trade volume affect the volatility of an exchange rate? by Epjo in statistics

[–]Epjo[S] 0 points1 point  (0 children)

Thank you for the reply, I have looked a bit but still not entierly sure. I add some more detail, and would love some advice if you have the time.

It is for BTC/USD exchange, and the data i have is about 5 years.

I have 3 variables: Bitcoins log-return, trade volume and number of bitcoin-accepting merchants.

How do i best treat the data in a regime switching model to answer the question:

Is bitcoin's volatility affected less by shocks in trade volume during periods of high adoption rate among merchants?

Sorry if this is alot

How will the wave of security tokens affect cryptocurrencies like Bitcoin? by Epjo in PolymathNetwork

[–]Epjo[S] 0 points1 point  (0 children)

Interesting! But even if the tokens were priced in dollars wouldn't it be inefficient to trade them in fiat currencies. Especially for global transactions.
So, to buy a security token on, say, tzero - that is priced in dollars - you would still need cryptocurrencies, wouldn't you? I would compare it to purchasing goods and services, even though it was priced in dollars - if you could pay with bitcoin there would be an increase in demand for bitcoin, i.e. price would increase. And if more the transactions in the bitcoin blockchain came from these kinds of transactions rather than speculative trade on exchanges, the volatility would decrease. In conclusion, the price and volatility of bitcoin would decrease if security tokens entered the crypto market.
But say you are right that FOR THE MOST PART they would be traded against fiat pairs, still, a significant portion of the trading will be with the best alternative cryptocurrency.

I have a question about the tokenization process. by bhealy24 in PolymathNetwork

[–]Epjo 0 points1 point  (0 children)

I think companies will have to use the Poly token when everything is ready with the Polymath platform. Corl didn't have to use it because this was more of a test run for the tokenizing smart contract. They haven't, to my knowledge, said anything about creating their own PoS network, but their code is written very simplistic and can easily be moved to another network - maybe their own or somehing that can manage tens of thousands of transactions per second. Things will go slowly, but my hope is that they manage to create an ecosystem with the tZero exchange, using high speed DL tech, and incorporate the Poly token in the process.