Keep pretending the reason mpex has so few stocks is because there are too many scams.
I include terrible IPO cash grabs in my definition of: "scam." Actually, imo, Havelock has less "useful" projects than MPEx: Neo & Bee on Havelock; S.BBET & S.NSA on MPEx (profitability to be determined).
Havelock does not list every stock that comes to its doorstep. It does have requirements and decent procedures to prevent scams.
*cough*VTXlabcoinMintsparePetaDealCoCBTC*cough* *coughmoar*kenilworthtobelistedonhavelocksoonLOL*hack*
Major difference between mpex and other exchanges is that we actually use havelock and Cryptostocks to trade securities while mpex is used to gamble and or make mr pope rich.
The difference is suckers use other exchanges to shrink their portfolios be large amounts. True this is the trend with nearly all BTC "investing," at least MP has built a platform to enable financing of projects (should they appear) that are more than cash grabs and MBA bullshit.
You're not wrong about futures gambling, but can a currency even be 'real' without the ability to short it?
Havelock having "terrible ipo cash grabs" is your opinion and you are entitled to that but I happen to disagree. Although I have stated before I believe HIF is overpriced doesn't mean its a scam. There is a chance that many stocks on havelock succeed as well as fail but its not havelocks job to decide which is good and bad. They offer a nice platform for trading stocks and people use it because it works as advertised.
Mpex has built a solid system security wise no doubt. But it is far from practical or useful. Why would a stock want to list on mpex for 30btc vs another exchange for much less?
Also how does mp prevent scams? Is it because mp chooses not to list what he does not feel is a good investment or is it because no projects want to use his exchange?