> From: "Robert S.Z." <[EMAIL PROTECTED]>
> Date: Mon, 23 Jun 2003 01:47:55 -0400
> To: "e-gold Discussion" <[EMAIL PROTECTED]>
> Subject: [e-gold-list] Re: brokerage disintermediated
> Instead let's do the maths:
> I buy $11,500 worth o
On Monday, June 23, 2003, at 01:47 AM, Robert S.Z. wrote:
You can't take friction away from a frictionless system.
Of course not! But calling e-gold or DBourse frictionless is the same
as
calling a bottle an endless supply. First you gotta get it in there,
before you can use it.
...
That's 12%
So there is no conceivable value in a brokerage.
Sure there is. A brokerage with a 1mdc account could credit me on the
spot, place my order on the spot, and i might have boght 20 shares and
sold 18 of them at a profit before the guy at the trading desk checked his
e-gold account once ;o)
Robert,
At 1:47 AM -0400 6/23/03, Robert S.Z. wrote:
...
>All that said, I still think DBourse is great. It just would be much
>greater with brokerages - or with a decent clearing system...
>
It would be nice if they automated things a bit more. sci.e-gold.com
reveals http://101574-AUG100.e-gold.com is a
>
> What possible reason would there be to use May Brokerage
>
--- instant trades rather than funding today, bidding tomorrow and 'maybe'
striking next week ;o)
> Any user can ALREADY instantly have access **TO THE ECN**, to the
> Island, Robert - see?
>
There is no ECN. There is a trding
AsianaGold.com is doing just that! :)
Ah yes, but you said your idea was to sell FRACTIONS of them right?
that is a top idea!!!
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