Ideosphere Forum

Re: fx-propose: Proposal: 'POIL30'

Author: chrisran.bma e-mail
Conversation: fx-propose: Proposal: 'POIL30' ( prev | next ) reply!
Topic: fx-propose ( prev | next )
In-Reply-To: FX's post
Followed-Up-By: Sam Fentress's post
Date: Fri Aug 24, 2018 10:40 am
chrisran.bma e-mail
Sam Fentress

Re POIL30, any

* Improvements/suggestions

* Comments

* Offers to be judge ?


I count 4 active claims created since 2009 (well maybe not active as one has no trades at all and has passed due date).

Retired claims with due date since 2009 number 103. So nearly 100 fewer claims and many are pretty well decided like the POIL claims. Seems like more claims are needed and it is easy enough to see lists of these claims.

I haven't currently got enough funds to propose many.

So what are the most important claims that need replacing with new claims? Or new ones? Perhaps Tesla is getting lots of diverging positive and negative coverage. How to create a claim on this? Tesla bankrupsy/administration/CVA date? or does Tesla make $1bn profit before and bankrupsy/administration/CVA? or ...


Chris Randles (7886)

> On 21 August 2018 at 12:01 FX <> wrote:
> The following claim has been proposed. If you have constructive suggestions for
> improving it, please follow-up to this message. Thank you.
> claim: POIL30
> owner: 7886 (crandles)
> judge: TBD
> short: Peak Oil by 2030
> long:
> This is a scaled claim that will pay (10*(peak year-2020)) capped at
> or between 0 and 100. The peak year is defined as year of highest oil
> production according to the BP Statistical Review of World Energy.
> When there is a subsequent year with oil production being over 5%
> below the peak year and this is neither the year following the peak
> year nor is due to temporary unusual circumstances, then the claim
> should be judged.
> What temporary unusual circumstances are, is at the judges discretion
> but might include things like natural disasters or terrorist action
> on oil production/refining or other facilities or government action
> like bans/rationing possibly taxes etc that are expected to last 18
> months or less.
> However, if oil production remains below 95% of the peak year's oil
> production for three years then the circumstances cease to be
> temporary unusual circumstances and the claim should be judged.
> It is possible the claim will need to be kept open past the due date
> to see if a new peak is reached, or to see if oil production declines
> to less than 95% of peak oil production or to see if circumstances
> remain temporary unusual circumstances.
> due date: 2031/07/31
> (signed) FX


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