create account

Steem-Engine Tokens 5.: How To Be Rich, Quickly! by deathcross

View this thread on steemit.com
· @deathcross · (edited)
$74.76
Steem-Engine Tokens 5.: How To Be Rich, Quickly!
# _Summary_
* Margins in the trading of Steem-Engine tokens are way too high
* This situation can be corrected by market making activity
* Market making can be a damn good business

![SteemEngine Tokens 5  dollar1029742_1280a.jpg](https://files.steempeak.com/file/steempeak/deathcross/IlLu45Zi-Steem-Engine20Tokens20520-20dollar-1029742_1280a.jpg)

“Deadly Margins In The Trading” – Originally, I wanted to give this headline to [my last post](https://steempeak.com/steem-engine/@deathcross/steem-engine-tokens-report-4-a-costly-hobby-for-rich-people) about Steem-Engine Tokens market. Because they have 30 percent of average margin (spread) between buying and selling prices, and this, yes, is deadly, far too high. It reveals us a very illiquid market which causes a lot of suffering for small and large investors.
# Now or never?
If you are not familiar with this: In this case, if you want to sell only tokens worth 50-100 STEEM, you can push the price 10-40 percent down on this market. If you want to buy a token with 50-100 STEEM, you will probably drive up the price by 10-40 percent, approximately. 

Or, you can put an offer in the “book”, somewhere between the best selling and buying prices (bid and offer), and wait patiently. Maybe days, or weeks. Maybe the price shifts and moves away during this period, and your trade never realizes at that price.
# Staking kills trading
I wrote last time that the broad margins are signs of the following three phenomenons:

1. The product is very risky.
1. The buyers and sellers are very scarce, volumes are very low.
1. There is only one market-maker in some monopolistic position and this player wants to earn a lot.

But I forgot one: The tribes, the developers, many Steem enthusiasts, bloggers are encouraging people to “stake and hold” the Steem-Engine tokens. (“Power up” on Steemit.com.) This drastically reduces the number of sellers, and thereby also the buyers’ interest, the volume. Another reason can be the falling prices.
# Profiting on the bid-ask spread
Don’t only criticize, also make good suggestions – I tell myself. I made one yesterday: We should make more market-making activity, put more offers in the “trading books”. 

> A market maker is a individual market participant or member firm of an exchange that also buys and sells securities for its own account, at prices it displays in its exchange’s trading system, with the primary goal of profiting on the bid-ask spread, which is the amount by which the ask price exceeds the bid price a market asset. *[(Investopedia.)](https://www.investopedia.com/terms/m/marketmaker.asp)*

# Some eloquent numbers
For example? CCC (CreativeCoin token) also has a wide spread, among others. If you want to sell CCC in value of 50 STEEM, you could only do it pushing the price to 0.03515. And if you want to buy 50 CCC, you would complete your order at 0.03998. (Marked with red on the picture.) The difference is 13.7 percent. If you want to buy CCC with 100 STEEM seemingly you couldn’t even do it – we see not enough offers in the “order book” at the moment.

![SteemEngine Tokens 5  CCC Book.jpg](https://files.steempeak.com/file/steempeak/deathcross/tUFHUBYM-Steem-Engine20Tokens20520-20CCC20Book.jpg)
_[Steem-Engine token market](https://steem-engine.com/?p=market&t=CCC), CCC order book_

Market making can be a damn good business. Some stock or bond or commodity exchanges are selling the rights for a lot of money to brokerage firms or individuals who want to be a market maker. Imagine it is an illiquid asset with a one percent margin. If the market maker can reach his goal and sell and buy only once a week, that is 1.01^52=1.6777, that means 67.77 percent annualized yield. 

The same market maker can make 180 percent yield (almost triple his capital) in case of a two percent weekly margin. That is great for an investor. I’m also saying to myself, don’t only criticize, make something… Maybe I will try some market-making with some hundreds of STEEM myself.
# Selling and buying IBM
Other “fiat” markets are working with totally different, much lower spreads (and lower risks). Read this about the liquid stock market:

> If a market maker purchases your shares of IBM from you for $100 each (the ask price), it would offer to sell them to a buyer at, for example, $100.05 (the bid price). The difference between the ask and bid price is only 5 cents, but by trading millions of shares a day, the market maker pockets a significant chunk of change to offset risk._([The Balance](https://www.thebalance.com/what-is-a-market-maker-and-how-do-they-make-money-4053753))_

Lucky of us, Steem-Engine seems to be a market-makers paradise. In other markets, market makers operate with far smaller margins – but mostly with much more frequency than a week. Maybe making trades every hour. Nowadays, most trades of this style are, of course, automatized, robotized. 
# Business and common good
I’m not a programmer so I can’t robotize this activity. Maybe Steem-Engine developers can offer someday some automated offer types, or somebody will find it rewarding to develop the program needed for it.

> Without market makers, it would take considerably longer for buyers and sellers to be matched with one another, reducing liquidity and potentially increasing trading costs as entering or exiting positions would be more difficult. _([The Balance](https://www.thebalance.com/what-is-a-market-maker-and-how-do-they-make-money-4053753))_

Market making is good for all. Let’s do it.

# Update, important tools:
The author, [@cadawg](https://steemit.com/@cadawg) announced new Steem-Engine tools [here](https://steem.tools/steemengine/index.php) - related to this post and problems. See the Market Viewer and the Market Calculator on the page.

# Series Steem-Engine tokens reports
_[4. A Costly Hobby For Rich People?](https://steempeak.com/steem-engine/@deathcross/steem-engine-tokens-report-4-a-costly-hobby-for-rich-people)_
_[3. Which Was The Most Traded Coin?](https://steemit.com/steem-engine/@deathcross/steem-engine-tokens-report-3-which-was-the-most-traded-coin)_
_[2. Which Token Fell 80 Percent In A Single Day?](https://steemit.com/steem-engine/@deathcross/charts-of-the-day-which-token-fell-80-percent-in-a-single-day)_
_[1. Do You Still Believe In Your Tokens?](https://steemit.com/investing/@deathcross/chart-of-the-day-do-you-still-believe-in-your-tokens)_

_(Photo: Pixabay.com, with an effect)_

👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 1417 others
👎  
properties (23)
post_id78,799,304
authordeathcross
permlinksteem-engine-tokens-5-how-to-be-rich-quickly
categoryinvesting
json_metadata{"app":"steempeak\/1.14.12","format":"markdown","tags":["investing","steem-engine","steem","trading","palnet","steemleo","neoxian","stocks","market-making"],"users":["deathcross","cadawg"],"links":["\/steem-engine\/@deathcross\/steem-engine-tokens-report-4-a-costly-hobby-for-rich-people","https:\/\/www.investopedia.com\/terms\/m\/marketmaker.asp","https:\/\/steem-engine.com\/?p=market&t=CCC","https:\/\/www.thebalance.com\/what-is-a-market-maker-and-how-do-they-make-money-4053753","https:\/\/www.thebalance.com\/what-is-a-market-maker-and-how-do-they-make-money-4053753","\/@cadawg","https:\/\/steem.tools\/steemengine\/index.php","\/steem-engine\/@deathcross\/steem-engine-tokens-report-4-a-costly-hobby-for-rich-people","\/steem-engine\/@deathcross\/steem-engine-tokens-report-3-which-was-the-most-traded-coin","\/steem-engine\/@deathcross\/charts-of-the-day-which-token-fell-80-percent-in-a-single-day"],"image":["https:\/\/files.steempeak.com\/file\/steempeak\/deathcross\/IlLu45Zi-Steem-Engine20Tokens20520-20dollar-1029742_1280a.jpg","https:\/\/files.steempeak.com\/file\/steempeak\/deathcross\/tUFHUBYM-Steem-Engine20Tokens20520-20CCC20Book.jpg"]}
created2019-08-07 08:03:06
last_update2019-08-08 23:08:51
depth0
children33
net_rshares225,646,788,417,641
last_payout2019-08-14 08:03:06
cashout_time1969-12-31 23:59:59
total_payout_value56.876 SBD
curator_payout_value17.880 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length6,435
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries
0.
accountsteempeak
weight100
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1482)
@contrabourdon ·
Interesting take on the Steem Engine tokens. At some point we have to trade but if we stake we can earn more. I guess that’s how the market works...🤷‍♂️ 

!giphy stockmarket

Posted using [Partiko iOS](https://partiko.app/referral/contrabourdon)
👍  
properties (23)
post_id78,799,870
authorcontrabourdon
permlinkcontrabourdon-re-deathcross-steem-engine-tokens-5-how-to-be-rich-quickly-20190807t083117093z
categoryinvesting
json_metadata{"app":"partiko","client":"ios"}
created2019-08-07 08:31:18
last_update2019-08-07 08:31:18
depth1
children4
net_rshares23,337,860,772
last_payout2019-08-14 08:31:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length245
author_reputation81,283,051,616,409
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@giphy ·
<img src="https://media2.giphy.com/media/ZEYgnohXIAVPNw5pet/giphy.gif?cid=0aaf8a745d4a8c5e6d47547a591704ec&rid=giphy.gif" /><br><a href="https://giphy.com"><img src="https://files.steempeak.com/file/steempeak/echobourdon/SCyDAmrs-PoweredBy_200px-White_HorizLogo.png" /></a>
properties (22)
post_id78,799,880
authorgiphy
permlink0pgt58ooydb
categoryinvesting
json_metadata{}
created2019-08-07 08:31:27
last_update2019-08-07 08:31:27
depth2
children0
net_rshares0
last_payout2019-08-14 08:31:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length273
author_reputation1,202,264,434,617
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@deathcross ·
Make yor own calculations but I think I have earned 5-15 percent in some weeks with three tokens and lost 30-40 percent on the price.
(PAL, LEO, CCC)
More price changes in one of the posts, see links.
👍  
properties (23)
post_id78,800,086
authordeathcross
permlinkre-contrabourdon-pvuyq6
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-07 08:39:42
last_update2019-08-07 08:39:42
depth2
children2
net_rshares22,768,883,231
last_payout2019-08-14 08:39:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length200
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@contrabourdon ·
It’s great how we have the potential to earn more from one post though isn’t it?

Posted using [Partiko iOS](https://partiko.app/referral/contrabourdon)
👍  
properties (23)
post_id78,800,177
authorcontrabourdon
permlinkcontrabourdon-re-deathcross-re-contrabourdon-pvuyq6-20190807t084353614z
categoryinvesting
json_metadata{"app":"partiko","client":"ios"}
created2019-08-07 08:43:54
last_update2019-08-07 08:43:54
depth3
children1
net_rshares22,728,158,995
last_payout2019-08-14 08:43:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length152
author_reputation81,283,051,616,409
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@contrabourdon ·
@organduo This may be of interest to you. 

Posted using [Partiko iOS](https://partiko.app/referral/contrabourdon)
properties (22)
post_id78,801,189
authorcontrabourdon
permlinkcontrabourdon-re-deathcross-steem-engine-tokens-5-how-to-be-rich-quickly-20190807t092815047z
categoryinvesting
json_metadata{"app":"partiko","client":"ios"}
created2019-08-07 09:28:15
last_update2019-08-07 09:28:15
depth1
children2
net_rshares0
last_payout2019-08-14 09:28:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length114
author_reputation81,283,051,616,409
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@deathcross ·
why?
properties (22)
post_id78,804,788
authordeathcross
permlinkre-contrabourdon-pvv7qw
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-07 11:54:33
last_update2019-08-07 11:54:33
depth2
children1
net_rshares0
last_payout2019-08-14 11:54:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length4
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@contrabourdon ·
I think because we are staking everything. Good to have another view point like yours. 

Posted using [Partiko iOS](https://partiko.app/referral/contrabourdon)
properties (22)
post_id78,804,891
authorcontrabourdon
permlinkcontrabourdon-re-deathcross-re-contrabourdon-pvv7qw-20190807t115910079z
categoryinvesting
json_metadata{"app":"partiko","client":"ios"}
created2019-08-07 11:59:09
last_update2019-08-07 11:59:09
depth3
children0
net_rshares0
last_payout2019-08-14 11:59:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length159
author_reputation81,283,051,616,409
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@upvotewhale ·
re-deathcross-steem-engine-tokens-5-how-to-be-rich-quickly-20190807t111147999z
You got a 100.00% upvote worth $0.043 from @upvotewhale courtesy of @gex231!
properties (22)
post_id78,803,694
authorupvotewhale
permlinkre-deathcross-steem-engine-tokens-5-how-to-be-rich-quickly-20190807t111147999z
categoryinvesting
json_metadata{"app":"postpromoter\/2.1.1"}
created2019-08-07 11:11:48
last_update2019-08-07 11:11:48
depth1
children1
net_rshares0
last_payout2019-08-14 11:11:48
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length77
author_reputation304,321,988,710
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@deathcross ·
thanks
properties (22)
post_id78,804,780
authordeathcross
permlinkre-upvotewhale-pvv7qh
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-07 11:54:18
last_update2019-08-07 11:54:18
depth2
children0
net_rshares0
last_payout2019-08-14 11:54:18
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length6
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@deepwaters ·
You are right, those margins are too much of a spread. Smells like a stagnant market. Could it also be that Holders are just not willing to sell and are more interested in the long term returns? 
Just curious. 
I appreciate your post.
👍  
properties (23)
post_id78,809,034
authordeepwaters
permlinkre-deathcross-201987t72047341z
categoryinvesting
json_metadata{"tags":["investing","steem-engine","steem","trading","palnet","steemleo","neoxian","stocks","market-making"],"app":"esteem\/2.1.0-surfer","format":"markdown+html","community":"esteem.app"}
created2019-08-07 14:20:51
last_update2019-08-07 14:20:51
depth1
children1
net_rshares38,675,922,789
last_payout2019-08-14 14:20:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length234
author_reputation2,290,867,652,767
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries
0.
accountesteemapp
weight1,000
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@deathcross ·
Could it be that some holders are holders because they just aren't able to sell? (at reasonable prices)
properties (22)
post_id78,812,339
authordeathcross
permlinkre-deepwaters-pvvjhm
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-07 16:08:12
last_update2019-08-07 16:08:12
depth2
children0
net_rshares0
last_payout2019-08-14 16:08:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length103
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@kayceefresh ·
This infant market is a good thing one can earn more if the chart of the daily market activities is displayed and one know the history of the coin trading like of instant various tribes can use their earners from post to mark various market to create more liquidity! Iike our coin airhawk on steem-engine revenue from trading activities is used to buyback the tokens from the market and buyers and sellers earn airhawk when they trade on our instant messenger groups. Although trade is restricted to Nigerians only as it's a fiat otc exchange

Posted using [Partiko Android](https://partiko.app/referral/kayceefresh)
👍  ,
properties (23)
post_id78,812,653
authorkayceefresh
permlinkkayceefresh-re-deathcross-steem-engine-tokens-5-how-to-be-rich-quickly-20190807t161741789z
categoryinvesting
json_metadata{"app":"partiko","client":"android"}
created2019-08-07 16:17:42
last_update2019-08-07 16:17:42
depth1
children0
net_rshares50,684,885,612
last_payout2019-08-14 16:17:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length616
author_reputation2,958,769,349,525
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)
@jk6276 ·
$0.09
I remember @aggroed floating a suggestion around this a little while ago.

I went looking for the post. Found [this post](https://partiko.app/edicted/and-so-it-begins-steem-engine-trading-bot-incoming?referrer=jk6276) from @edicted instead.

Posted using [Partiko Android](https://partiko.app/referral/jk6276)
👍  
properties (23)
post_id78,826,638
authorjk6276
permlinkjk6276-re-deathcross-steem-engine-tokens-5-how-to-be-rich-quickly-20190808t013017518z
categoryinvesting
json_metadata{"app":"partiko","client":"android"}
created2019-08-08 01:30:18
last_update2019-08-08 01:30:18
depth1
children2
net_rshares265,442,181,653
last_payout2019-08-15 01:30:18
cashout_time1969-12-31 23:59:59
total_payout_value0.067 SBD
curator_payout_value0.022 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length309
author_reputation35,938,136,638,046
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@deathcross ·
Thank you very much. The problem is I'm not a programmer and so don't understand it. Working on it.
properties (22)
post_id78,838,372
authordeathcross
permlinkre-jk6276-pvwsnv
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-08 08:23:54
last_update2019-08-08 08:23:54
depth2
children1
net_rshares0
last_payout2019-08-15 08:23:54
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length99
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@jk6276 ·
Me neither, I'd love it if a ui could be built for this so some decentralized market making was possible.

Posted using [Partiko Android](https://partiko.app/referral/jk6276)
👍  
properties (23)
post_id78,838,470
authorjk6276
permlinkjk6276-re-deathcross-re-jk6276-pvwsnv-20190808t082743135z
categoryinvesting
json_metadata{"app":"partiko","client":"android"}
created2019-08-08 08:27:45
last_update2019-08-08 08:27:45
depth3
children0
net_rshares22,851,217,807
last_payout2019-08-15 08:27:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length174
author_reputation35,938,136,638,046
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@arcange ·
Congratulations @deathcross!
Your post was mentioned in the [Steem Hit Parade](/hit-parade/@arcange/daily-hit-parade-20190807) in the following categories:

* Upvotes - Ranked 6 with 1384 upvotes
* Pending payout - Ranked 5 with $ 74,54
properties (22)
post_id78,850,887
authorarcange
permlinkre-steem-engine-tokens-5-how-to-be-rich-quickly-20190807t180609000z
categoryinvesting
json_metadata{}
created2019-08-08 16:06:45
last_update2019-08-08 16:06:45
depth1
children0
net_rshares0
last_payout2019-08-15 16:06:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length237
author_reputation201,578,609,200,360
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@cadawg ·
I actually ended up making a tool based on this (didn't see your post first) which tells you how much it'd take to shift the market to a certain price: https://steem.tools/steemengine/market_calc.php?symbol=leo
👍  
properties (23)
post_id78,859,421
authorcadawg
permlinkre-deathcross-pvxu4h
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-08 21:53:06
last_update2019-08-08 21:53:06
depth1
children2
net_rshares738,737,561
last_payout2019-08-15 21:53:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length210
author_reputation58,284,832,879,848
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@deathcross ·
Thank you very much. I made an update in my post (at the end). Tomorrow I will investigate further.
properties (22)
post_id78,861,346
authordeathcross
permlinkre-cadawg-pvxxxy
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-08 23:15:36
last_update2019-08-08 23:15:36
depth2
children1
net_rshares0
last_payout2019-08-15 23:15:36
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length99
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@cadawg ·
Thanks

Posted using [Partiko Android](https://partiko.app/referral/cadawg)
properties (22)
post_id78,862,761
authorcadawg
permlinkcadawg-re-deathcross-re-cadawg-pvxxxy-20190809t001623208z
categoryinvesting
json_metadata{"app":"partiko","client":"android"}
created2019-08-09 00:16:24
last_update2019-08-09 00:16:24
depth3
children0
net_rshares0
last_payout2019-08-16 00:16:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length75
author_reputation58,284,832,879,848
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@xpilar ·
$0.09
I like what you say here @deathcross
>I’m also saying to myself, don’t only criticize, make something… 

I also read your blog here with great interest
Hope many will read what you write here
Re-steemed
👍  , ,
properties (23)
post_id78,861,626
authorxpilar
permlinkpvxylm
categoryinvesting
json_metadata{"tags":["investing"],"users":["deathcross"],"app":"steemit\/0.1"}
created2019-08-08 23:29:48
last_update2019-08-08 23:29:48
depth1
children0
net_rshares284,841,553,555
last_payout2019-08-15 23:29:48
cashout_time1969-12-31 23:59:59
total_payout_value0.071 SBD
curator_payout_value0.023 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length202
author_reputation365,875,503,699,002
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (3)
@exscudo ·
I don't agree, you can't get reach quickly, especially with Steem.
👍  
properties (23)
post_id78,875,054
authorexscudo
permlinkpvyqls
categoryinvesting
json_metadata{"tags":["investing"],"app":"steemit\/0.1"}
created2019-08-09 09:34:42
last_update2019-08-09 09:34:42
depth1
children1
net_rshares23,695,450,755
last_payout2019-08-16 09:34:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length66
author_reputation3,677,524,337,734
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@deathcross ·
I meant: get rich with market making activities. In theory. In the practice, it may also be difficult.
properties (22)
post_id78,876,471
authordeathcross
permlinkre-exscudo-pvytkw
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-09 10:38:57
last_update2019-08-09 10:38:57
depth2
children0
net_rshares0
last_payout2019-08-16 10:38:57
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length102
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@lpessin · (edited)
This is not the same as a fake volume? Some will say 'fake volume to scam investors' (they will think that is a high traded token when in fact most of it came from a market maker.  Sure, why not, shit tokens anyway.
👍  
properties (23)
post_id78,894,987
authorlpessin
permlinkpvzops
categoryinvesting
json_metadata{"tags":["investing"],"app":"steemit\/0.1"}
created2019-08-09 21:51:33
last_update2019-08-09 21:52:18
depth1
children8
net_rshares13,589,580,170
last_payout2019-08-16 21:51:33
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length215
author_reputation10,000,000,000,000
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@deathcross ·
$0.04
No, definitely not. If somebody is trying to buy low and sell high, that is a serious trading. (And market maker is taking a lot of risks in the process.)

By fake trading no real trading happens and no real risk is involved. The traders are mostly making trades with themselves or friends, without taking risks. 
👍  
properties (23)
post_id78,896,650
authordeathcross
permlinkre-lpessin-pvzryo
categoryinvesting
json_metadata{"tags":["investing"],"app":"steempeak\/1.14.12"}
created2019-08-09 23:01:39
last_update2019-08-09 23:01:39
depth2
children7
net_rshares125,484,181,955
last_payout2019-08-16 23:01:39
cashout_time1969-12-31 23:59:59
total_payout_value0.031 SBD
curator_payout_value0.010 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length313
author_reputation715,227,895,273,702
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (1)
@lpessin ·
I'm not sure if follow your logic. I'm not saying you are wrong but I disagree. To me, market making is just a euphemism to wash trading or fake volume. As you pointed: 

- Margins in the trading of Steem-Engine tokens are way too high
(but hey that's the real market)
- This situation can be corrected by market making activity
ahoa, now we create an entity to reduce the spread by making buy/sell orders (making the market or faking the market activity?) Eventually, most likely often, the 'market maker' will be trading with himself, as the real market is what you state above 
- Market making can be a damn good business
(ofc it can, one who successfully manipulates the market wins big)

The fact that the 'market maker' is taking risks doesn't say much if he's faking volume or making real trades.  

To me, 'market-making' as you said it's just a way to manipulate the market.  And it's very different from an investor who just buys low and sells high...It's something usual to lure players and make them think there is more activity that really is. Every exchange does it. In fact, more than 80% of all crypto market is made of 'market makers'.  
 
you can see the definition here: 
https://en.wikipedia.org/wiki/Wash_trade

It's very different from someone who is buying low to sell high. That's what we are actually seeing on the Steem Engine tokens. The real demand/offer for the tokens...

You are saying: "let's create a market activity to attract more players"  or you are saying: "Invest  in SE tokens because they are a good investment to trade or hold" or "Don't stake too much, put some on trading to provide liquidity to the market"...see the difference?
properties (22)
post_id78,898,970
authorlpessin
permlinkpw05kq
categoryinvesting
json_metadata{"tags":["investing"],"links":["https:\/\/en.wikipedia.org\/wiki\/Wash_trade"],"app":"steemit\/0.1"}
created2019-08-10 00:55:39
last_update2019-08-10 00:55:39
depth3
children6
net_rshares0
last_payout2019-08-17 00:55:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length1,673
author_reputation10,000,000,000,000
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
@sniper555 ·
Perfect
👍  ,
properties (23)
post_id78,915,023
authorsniper555
permlinkpw0wbl
categoryinvesting
json_metadata{"tags":["investing"],"app":"steemit\/0.1"}
created2019-08-10 13:31:09
last_update2019-08-10 13:31:09
depth1
children0
net_rshares40,784,885,767
last_payout2019-08-17 13:31:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 SBD
curator_payout_value0.000 SBD
pending_payout_value0.000 SBD
promoted0.000 SBD
body_length7
author_reputation1,824,362,392,578
root_title"Steem-Engine Tokens 5.: How To Be Rich, Quickly!"
beneficiaries[]
max_accepted_payout1,000,000.000 SBD
percent_steem_dollars10,000
author_curate_reward""
vote details (2)