The Pockets giveaway is over. Now let's see what they're worth. by mattclarke

View this thread on steempeak.com
· @mattclarke · (edited)
$11.37
The Pockets giveaway is over. Now let's see what they're worth.
<h3>If you're looking to buy Pockets, please comment below with the amount you're looking for, and what you'll part with in exchange.</h3>
Those who want what you're offering will reply to your comment with the minimum amount they'll accept in exchange for those pockets.

<center>https://steemit-production-imageproxy-thumbnail.s3.amazonaws.com/DQme8G8TL4J1VpDEJjzmgUkTG9G2Q4RTL1R4kJU1fmdxgrK_1680x8400?AWSAccessKeyId=ASIAI3DB2X4BYYGFG2VA&Expires=1505097893&Signature=2nJ75E5Ghfz7%2BTGo%2FVNNZjeZ1pc%3D&x-amz-security-token=FQoDYXdzEMb%2F%2F%2F%2F%2F%2F%2F%2F%2F%2FwEaDLnF4GinV3YGqS0NVCK3A3BlSnMD8rrFV5dhjbEs%2BzsXoaEP%2BH4c%2F2hdQ7oLcUSkALDTGLlsPPt6mcndkpcZaqZMiDtafk8mZmOBe5ojZvlH6yChuxViWVo8%2FdteU20OhQxabSG5ynBpanDgdXz4c8Dy%2FSmlNIwrvfSZeFF%2FpT1gYgzl2HMlgu2reRwin6Yex2F7e9b2PagGdGOT80Q0jproypxkM%2Flyp%2FVeg4VlMnmRdTnmzQJDe4p304Pm3Y1hD1lrUFYWJCXjM2zLbtZmgyeAZLY4PRwcK9iOoA6mTT1Yw%2F4iRdtZ49RP3h0GutfPnP8cHHUpJ7XvZ1Z6kPLg4M%2BAaKZlCAEyysEqZPMYrqARnwXDBzxYtLCpucb7tNKSl9XF%2FSprGckZM0HQPjvcqaTbLupOTb%2FLyu6qi1RJLAAKViSBxRWZKbMC%2F7A9SPUd5AqR%2FFx2wXWGcsD%2BOp%2BUp3KHrWHzI4UJdAXhdPc%2FihCJ%2B3WSx8TVPN8JSuTkmIcegzwAIlQovEKxiusl6Xc94DiBs0wewg4efiLod8ynY7ufnjGUshWu6DiZaJh7rW6qfYv1I6gvqNcRw2X56Qy9PCHfUIZO6Aoou8DWzQU%3D.jpg</center>

**Let's look at a few examples.**

![Pock.PNG](https://steemitimages.com/DQmfXG8G7rTmPRGoAxtHSj13BqQaqek5fxpKCsDxkKkTrci/Pock.PNG)

The Pocket sellers (the men in this example) will be competing with each other in a reverse auction within each comment, and the buyers (the women in this example) will be competing with each other from one comment to the next, to offer assets, currencies or services that will convince sellers to 'turn out their pockets'.

**...But Matt, why not run it like a regular auction, where sellers bid up the pocket price for the offered item?**

*That's an excellent question, voice in my head.*

Very few people have more than a million Pockets. 
Not knowing how high any one auction might go, I didn't want sellers limited to bidding on just one comment.
This way, they're bidding on how little they'll accept for a pre-determined chunk of their Pockets. 
They might make offers on a 500,000 Pocket comment, and five other 100,000 Pocket comments. 
This way each deal stands alone, and they won't have to stop bidding in one comment in order to keep bidding in others.
That said, there's nothing stopping the parties from repeating the same transaction once they've established a price.

I'll be interested to see if any canny investors identify and exploit arbitrage opportunities, buying them low, then selling them high. 

<center>https://media.giphy.com/media/LdOyjZ7io5Msw/giphy.gif</center>

*Offer anything you like, but please honour the deals once struck.*
<h1>This is a beautiful place with a long memory. 
Better to make lucrative friends than expensive enemies.</h1>
___
If you're not across the concept of Pockets, please see [this post by the creator, @biophil,](https://steemit.com/pocket/@biophil/genesis-pocket) but be aware that the window has closed, and Pockets are no longer available to claim via resteem. Sorry if you missed out.
<h2>Kudos to @biophil for a brilliant idea, well executed.</h2>
___
I'm really interested to see what happens.

- The bulls might suggest that in the long term, Pockets will come to have a cultural significance here, since they were only available for a limited time, while steem was in beta (a collector's item like these [silver steem coins](https://steemit.com/steemsilvergold/@sevinwilson/own-steemit-s-original-1oz-silver-coin-be-a-part-of-history-gauging-the-interest-of-the-steemit-community)). 
*Ironically, the less they circulate, the more true that will be.*

- The bears might say that since anyone can create a side currency like this as often as they like, that pockets have no real worth, and just clog up the blockchain.

<center>http://files.explosm.net/comics/Dave/buildercrackbuildercrackbuildermanmakemeabuildingasfastasyoucan.gif</center>

<center><h1>**Let's all find out together.**</h1></center>

<center>[![](https://steemitimages.com/50x60/http://steemitboard.com/@mattclarke/commented.png)](http://steemitboard.com/board.html?user=Mattclarke) [![](https://steemitimages.com/60x70/http://steemitboard.com/@Mattclarke/votes.png)](http://steemitboard.com/board.html?user=Mattclarke) [![](https://steemitimages.com/70x80/http://steemitboard.com/@Mattclarke/posts.png)](http://steemitboard.com/board.html?user=Mattclarke) [![](https://steemitimages.com/100x80/http://steemitboard.com/@Mattclarke/level.png)](http://steemitboard.com/board.html?user=Mattclarke) [![](https://steemitimages.com/70x80/http://steemitboard.com/@Mattclarke/comments.png)](http://steemitboard.com/board.html?user=Mattclarke) [![](https://steemitimages.com/60x70/http://steemitboard.com/@Mattclarke/voted.png)](http://steemitboard.com/board.html?user=Mattclarke) [![](https://steemitimages.com/50x60/http://steemitboard.com/@Mattclarke/payout.png)](http://steemitboard.com/board.html?user=Mattclarke)</center>
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 38 others
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vote details (102)
@munamaqfirah ·
Great post friend.

Terima kasih telah berbagi informasinya kawan @mattclarke
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@goldcoin · (edited)
It is valuable post. thanks  @mattclarke
have a nice day.
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@dim753 ·
Really smart idea, i want to see more posts about it
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@jnjmarketing ·
Heres a post i just wrote on getting more pocket.
https://steemit.com/pocket/@jnjmarketing/i-missed-the-free-pocket-deadline-where-can-i-get-them-now
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@pocketbook ·
Got pocket?
https://steemit.com/pocket/@pocketbook/pocket-raffle-226-per-ticket-guaranteed-winner-by-pocketbook-and-p2p-games

Wanna sell any?
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@o07 · (edited)
Very interesting article @mattclarke its great that early adopters were able to benefit from the start up and their loyalty was rewarded like you mentioned. Unfortunately I missed out on the pockets but I am here now and ready for the growth and success this platform has to offer! Keep the content coming our way I have up voted and resteemed.
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@mattclarke ·
Thanks mate. I haven't upvoted, as I want to keep buy/sell conversations at the top of the comments. 
Appreciate the encouragement, and glad to see you hitting the ground running. 
Looking at your stats, its hard to believe you're only a few days in.
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@mattclarke ·
$0.03
I'm looking for 100,000 pockets, and paying with SBD. Who's selling?
👍  ,
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vote details (2)
@ccmut · (edited)
$0.20
Ill sell you 100,000 pockets ill take 6 SBD
👍  
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vote details (1)
@mattclarke ·
Excellent. We have a starting bid. Let's see if anyone wants to go lower :)
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@buggedout ·
$0.27
I'll sell you 100,000 pockets for 5 SBD
👍  
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vote details (1)
@mattclarke ·
$0.29
Sold :) pleasure doing business with you.
👍  
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vote details (1)
@steemclaira ·
great post :) thanks
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@geke ·
Watching this with interest... I claimed mine a while back and still don't know how to access them or how many I received from @biophil. I will need to look into that. 😃
👍  
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vote details (1)
@mattclarke ·
pocketsend:100@geke
👍  
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vote details (1)
@pocket-pi ·
Successful Send of 100
Sending Account: mattclarke
Receiving Account: geke
New sending account balance: 1000048
New receiving account balance: 1000099
Fee: 1
Steem trxid: 258c7dc8406b3636ec28306f83f4971fd7534454
Thanks for using POCKET! I am small bot and right now I am running [this code](https://github.com/biophil/pocket/commit/f356c589287bdb9f60842c522c85dddd5faa9a88).
👍  , , , ,
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vote details (5)
@pocketbook ·
Still looking for a use?  
https://steemit.com/pocket/@pocketbook/pocket-raffle-226-per-ticket-guaranteed-winner-by-pocketbook-and-p2p-games
properties (22)
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@gyro ·
I'll trade 399,000 pockets for a Lamborghini Huracan, any colour is ok, but prefer blue.
👍  
properties (23)
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authorgyro
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json_metadata"{"app": "steemit/0.1", "tags": ["pocket"]}"
created2017-09-11 22:58:03
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vote details (1)
@mattclarke ·
You'll need to wait for someone with lambos, who wants 399,000  pockets. 
Then just bid him down to one :)
👍  
properties (23)
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authormattclarke
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json_metadata"{"app": "steemit/0.1", "tags": ["pocket"]}"
created2017-09-11 23:03:39
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vote details (1)
@gyro ·
$0.23
Good point I wasnt thinking crypto style! These things are rare, and the value is going to the moon.  I revise my offer to 5 pockets.  Thanks dude!
👍  
properties (23)
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authorgyro
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json_metadata"{"app": "steemit/0.1", "tags": ["pocket"]}"
created2017-09-11 23:20:15
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vote details (1)
@jackmiller ·
$0.05
Here is how I'm using my Pocket Tokens to begin with:

https://steemit.com/minnowsupport/@jackmiller/101-comment-competition-everyone-wins

101 COMMENT COMPETTITON/CONTEST
👍  , ,
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vote details (3)
@revo · (edited)
$0.05
"The bears might say that since anyone can create a side currency like this as often as they like, that pockets have no real worth, and just clog up the blockchain."

I fear that.  I'm already looking into a couple of meta-token ideas myself, and I'm sure others are doing it too.   The danger(?) is that people can effectively use the witnesses for free to transact their novel tokens.  Instead of building their own blockchain and doing all the hard work they can just attach it to the steem blockchain and take advantage of the work being done and paid for by others (with steem, not the novel token).
👍  
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json_metadata"{"app": "steemit/0.1", "tags": ["pocket"]}"
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vote details (1)
@mattclarke ·
Imagine getting to the point where we downvote offers of free coins like spam.
properties (22)
post_id12,605,866
authormattclarke
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json_metadata"{"app": "steemit/0.1", "tags": ["pocket"]}"
created2017-09-12 04:38:39
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@steemitboard ·
Congratulations @mattclarke! You have completed some achievement on Steemit and have been rewarded with new badge(s) :

[![](https://steemitimages.com/70x80/http://steemitboard.com/notifications/votes.png)](http://steemitboard.com/@mattclarke) Award for the number of upvotes

Click on any badge to view your own Board of Honor on SteemitBoard.
For more information about SteemitBoard, click [here](https://steemit.com/@steemitboard)

If you no longer want to receive notifications, reply to this comment with the word `STOP`

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properties (22)
post_id12,637,908
authorsteemitboard
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json_metadata"{"image": ["https://steemitboard.com/img/notifications.png"]}"
created2017-09-12 13:20:15
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@helex · (edited)
$0.22
I will sell 100k/4 sbd, I have total of 2 million tokens. So if anyone wants to buy all 2m the final price will be 80 sbd.
👍  
properties (23)
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vote details (1)
@jackmiller ·
80 sbd for the 20mil you say. 

OK
👍  
properties (23)
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vote details (1)
@helex ·
Oppps sorry its 2 million. Its my mistake. I have only 2 million pocket tokens
properties (22)
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created2017-09-14 04:45:21
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@rival ·
I was the very first one with auction... right now is my second one 
https://steemit.com/pocket/@rival/pocket-the-second-pocket-100-000-auction-where-history-is-written-again so if anyone wants to have 100.000 tokens please bid..
properties (22)
post_id12,663,414
authorrival
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json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/pocket/@rival/pocket-the-second-pocket-100-000-auction-where-history-is-written-again"], "tags": ["pocket"]}"
created2017-09-12 18:27:00
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@jnjmarketing ·
$0.28
I need some.  Im waiting on some author payments.  Give me a few days.  Heres some of my pocket services here.
https://steemit.com/pocket/@jnjmarketing/1k-pocket-free-lottery-giveaway

https://steemit.com/pocketbook/@jnjmarketing/pocketbook-humpday-giveaway
👍  
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json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/pocket/@jnjmarketing/1k-pocket-free-lottery-giveaway", "https://steemit.com/pocketbook/@jnjmarketing/pocketbook-humpday-giveaway"], "tags": ["pocket"]}"
created2017-09-13 09:50:27
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vote details (1)
@helex ·
Ok sure. Please inform me if you want pocket tokens.
properties (22)
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@jnjmarketing ·
Will do.  Thanks.
👍  
properties (23)
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vote details (1)
@pocketbook ·
Still got any?  Or know where ti get some?
properties (22)
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@fundraisers ·
$0.25
MSP - POCKET TOKEN FUNDRAISER

https://steemit.com/minnowsupport/@fundraisers/pocket-token-fundraiser

PITCH IN!
👍  
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created2017-09-13 16:15:54
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vote details (1)
@ccmut ·
$0.24
Ill sell 50k pocket for 2sbd
👍  ,
properties (23)
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vote details (2)
@rocksg ·
$0.22
Ill sell you 100,000 pockets ill take 10 SBD
👍  
properties (23)
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root_title"The Pockets giveaway is over. Now let's see what they're worth."
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vote details (1)
@jackmiller ·
$0.17
Here's one for everyone out there:

https://steemit.com/raffle/@fundraisers/raffle-time-fundraisers

Lets get those Pocket Tokens out there!
👍  ,
properties (23)
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authorjackmiller
permlinkre-mattclarke-the-pockets-giveaway-is-over-now-let-s-see-what-they-re-worth-20170917t174634871z
categorypocket
json_metadata"{"app": "steemit/0.1", "links": ["https://steemit.com/raffle/@fundraisers/raffle-time-fundraisers"], "tags": ["pocket"]}"
created2017-09-17 17:46:33
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vote details (2)