We are currently stuck in an unbalanced market.
We want:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☑️" title="Kästchen mit Häkchen" aria-label="Emoji: Kästchen mit Häkchen">Buy Now prices to grow the market;
but we also want:
https://abs.twimg.com/emoji/v2/... draggable="false" alt="☑️" title="Kästchen mit Häkchen" aria-label="Emoji: Kästchen mit Häkchen">Narrow spreads and people bidding to provide competitive Sell Now prices.
How do #footballindex fix this and find the right balance?
Continued...
We want:
but we also want:
How do #footballindex fix this and find the right balance?
Continued...
What’s the problem?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">Apart from individual events which create sudden demand, we are seeing only downward pressure on the Buy Now price.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="⬇️" title="Pfeil nach unten" aria-label="Emoji: Pfeil nach unten">We want to see Bid Prices tracking a rising Buy Now price but instead we are seeing the opposite.
Comm on Bids is NOT the answer
https://abs.twimg.com/emoji/v2/... draggable="false" alt="↘️" title="Südost gerichteter Pfeil" aria-label="Emoji: Südost gerichteter Pfeil">2% commission on bids will just decrease bids by ~2%
https://abs.twimg.com/emoji/v2/... draggable="false" alt="↘️" title="Südost gerichteter Pfeil" aria-label="Emoji: Südost gerichteter Pfeil">It diss-incentivises bidding high as opposed to incentivising using the Buy Now.
How to incentivise Buy Now?
I suggest...
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Enhanced dividends for Buy Now vs Bids.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Either through halving or removing IPD for Bids or increasing the IPD window for Buy Now.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="✅" title="Fettes weißes Häkchen" aria-label="Emoji: Fettes weißes Häkchen">Bids already have the advantage of buying at a discount. It’s time Buy Now offered a benefit.
I suggest...
Finding the balance.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟡" title="Gelber Kreis" aria-label="Emoji: Gelber Kreis">In a thin market whatever FI do it will impact either the Buy or Sale side and many will argue whatever happens.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟡" title="Gelber Kreis" aria-label="Emoji: Gelber Kreis">But right now we DO NOT HAVE BALANCE and therefore some form of incentive for Buy Now needs to be found.
What about Bids then?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔴" title="Roter Kreis" aria-label="Emoji: Roter Kreis">FI have gone from providing a price on EVERY player to ZERO players.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔴" title="Roter Kreis" aria-label="Emoji: Roter Kreis">We have seen how thin this spreads the market putting this on traders to fill the gap.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🔴" title="Roter Kreis" aria-label="Emoji: Roter Kreis">It is time FI step back in and provide a bid price for SOME of the market to keep it liquid.
Why would FI do this?
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟢" title="Grüner Kreis" aria-label="Emoji: Grüner Kreis">With prices crashing it means FI buying a lot of players DECREASES their dividend liabilities whilst offering VITAL LIQUIDITY to a depressed and stretched market.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟢" title="Grüner Kreis" aria-label="Emoji: Grüner Kreis">It also provides a TRANSITION PERIOD between now & having more market makers.
Patience is key
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟢" title="Grüner Kreis" aria-label="Emoji: Grüner Kreis">The problems we are facing right now are due to MARKET MECHANICS .
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟢" title="Grüner Kreis" aria-label="Emoji: Grüner Kreis">The underlying product is still AMAZING.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🟢" title="Grüner Kreis" aria-label="Emoji: Grüner Kreis">It is now on @FootballIndex to find the right balance and create the optimum platform for us all to enjoy again.