Comments on: Something fishy in the pond? http://www.brainwyrms.com/2008/02/20/something-fishy-in-the-pond/ random incoherence and infantile meanderings Wed, 10 Mar 2010 02:31:09 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Nomad Scry http://www.brainwyrms.com/2008/02/20/something-fishy-in-the-pond/comment-page-1/#comment-16 Nomad Scry Wed, 05 Mar 2008 14:20:01 +0000 http://www.brainwyrms.com/2008/02/20/something-fishy-in-the-pond/#comment-16 <em>... ThotMarket dude talk on my site! </em>[geek out!] Nevertheless, I felt that the valuation system was very much <a href="http://www.merriam-webster.com/dictionary/inscrutable" rel="nofollow">inscrutable</a>, i.e. not readily understood. Which is absolutely what you were intending. Unless one is a bit of a <a href="http://en.wikipedia.org/wiki/Hari_Seldon" rel="nofollow">Hari Seldon</a>, trying to understand the market tides is an exersize in insane futility. … ThotMarket dude talk on my site! [geek out!]

Nevertheless, I felt that the valuation system was very much inscrutable, i.e. not readily understood. Which is absolutely what you were intending. Unless one is a bit of a Hari Seldon, trying to understand the market tides is an exersize in insane futility.

]]> By: rworkman http://www.brainwyrms.com/2008/02/20/something-fishy-in-the-pond/comment-page-1/#comment-12 rworkman Fri, 22 Feb 2008 18:24:53 +0000 http://www.brainwyrms.com/2008/02/20/something-fishy-in-the-pond/#comment-12 Hey, thanks for the mention of ThotMarket. I created it and am pulling things together for the second public beta release. I'm not sure that I agree that thotmarket's valuation system was/is inscrutable. In the first release, it did rely on an algorithm that tried to simulate market tides based on user feedback (buying and selling). Granted, I was never able to get the algorithm to work very well, which led to the eventual collapse of the market, but it was based on user's buying and selling. The new system, which will make a public debut in a few days, does away with the algorithm all together, and relies on a much more direct mechanism for setting trading prices, and rankings. I hope you;re able to check it out and report on whether you find it to be any more (dare I say) 'scrutable'. BTW, I agree that Newspond sure is prrrty. Hey, thanks for the mention of ThotMarket. I created it and am pulling things together for the second public beta release. I’m not sure that I agree that thotmarket’s valuation system was/is inscrutable. In the first release, it did rely on an algorithm that tried to simulate market tides based on user feedback (buying and selling). Granted, I was never able to get the algorithm to work very well, which led to the eventual collapse of the market, but it was based on user’s buying and selling. The new system, which will make a public debut in a few days, does away with the algorithm all together, and relies on a much more direct mechanism for setting trading prices, and rankings. I hope you;re able to check it out and report on whether you find it to be any more (dare I say) ’scrutable’. BTW, I agree that Newspond sure is prrrty.

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