I'm somewhat baffled by the BlogShares phenomenon. It's like a virtual stock market, where one trades blogs. But I'm really unclear how the valuation works. I just managed to sell 10 shares of my stock for a whopping $0.00 each because the interface is so amazingly unintuitive.
Evidentally RoUS's blog is a member, as is sungo's. And, yes, that was just a shameless opportunistic linking in the hopes of driving up my valuation, but I don't really pretend to know if that will work.
*sigh*. I don't understand the real stock market either.
Okay... I'll take a look...
Posted by: Moose on April 29, 2003 06:04 PMHow long does it take them to send your password/confirmation?? I've been waiting for a VERY LONG time!!
Posted by: Moose on April 29, 2003 06:32 PMmoose: it can take a long time, if their mail server is hosed. watch the front page of blogshares for news about it; last time it happened he was away for the weekend.
drbacchus: afaik, you can't really buy or sell shares in your log until it gets listed -- which won't happen until it's vallued at over us$1'000 -- which won't happen until the value of the links add up to more than that when the bot re-indexes it -- which seems to happen at intervals of more than a week. suckage. plus, the project is going live (no longer beta) in a couple of days. check out the front page. however, you can buy and sell shares in other, listed, logs -- just be aware that there appears to be a minimum activity time of six hours. that is, once you've bought shares in a log, you can't sell them (or apparently buy any more in that log) for six hours.
Posted by: Rodent of Unusual Size on April 30, 2003 07:39 AM