Bitshares DEX Telegram History

Fabian Schuh07:02:42 - 15 Oct 2018 [UTC]

wem .. bitcoin jumpped 400€?

Alex M - clockwork07:04:02 - 15 Oct 2018 [UTC]

xeroc

wem .. bitcoin jumpped 400€?

Alex M - clockwork07:04:06 - 15 Oct 2018 [UTC]

missed that part

Alex M - clockwork07:04:07 - 15 Oct 2018 [UTC]

Alex M - clockwork07:04:20 - 15 Oct 2018 [UTC]

maybe our news caused it?

Alex M - clockwork07:04:27 - 15 Oct 2018 [UTC]

people buying BTC to buy BTS with?

Alex M - clockwork07:04:34 - 15 Oct 2018 [UTC]

no? too ambitious?

Alex M - clockwork07:04:36 - 15 Oct 2018 [UTC]

Omar07:12:18 - 15 Oct 2018 [UTC]

Why is bts mooning?

Alex M - clockwork07:12:51 - 15 Oct 2018 [UTC]

its not

Alex M - clockwork07:12:57 - 15 Oct 2018 [UTC]

BTC did

Alex M - clockwork07:13:11 - 15 Oct 2018 [UTC]

i made teh same mistake too

the Observer07:14:15 - 15 Oct 2018 [UTC]

If USDT is diying this should be some sort of opportunity for BitUsd to be added to some exchanges as an alternative isn't it?

Alex M - clockwork07:14:32 - 15 Oct 2018 [UTC]

theobserver2

If USDT is diying this should be some sort of opportunity for BitUsd to be added to some exchanges as an alternative isn't it?

hopefully

the Observer07:14:34 - 15 Oct 2018 [UTC]

That would make BTS skyrocket..

the Observer07:15:07 - 15 Oct 2018 [UTC]

I'm not counting on it but that would be great news.

Zeck Luis07:15:25 - 15 Oct 2018 [UTC]

Hello Elias

Alex M - clockwork07:18:03 - 15 Oct 2018 [UTC]

well

Alex M - clockwork07:18:10 - 15 Oct 2018 [UTC]

the bittrex news are interesting

Alex M - clockwork07:18:21 - 15 Oct 2018 [UTC]

remember bittrex used to have bitusd/bitcny pairs

Alex M - clockwork07:18:37 - 15 Oct 2018 [UTC]

maybe the tether situation and the fact they HAD an existing stablecoin setup using bitassets

Alex M - clockwork07:18:43 - 15 Oct 2018 [UTC]

is what kicked their ass in gear

the Observer07:20:12 - 15 Oct 2018 [UTC]

clockworkgr

remember bittrex used to have bitusd/bitcny pairs

That's true, wonder what made them turn on their decision. This could be a clue indeed.

Zeck Luis07:21:37 - 15 Oct 2018 [UTC]

theobserver2

That's true, wonder what made them turn on their decision. This could be a clue indeed.

Yes sure

Alex9607:29:11 - 15 Oct 2018 [UTC]

Hi)

Alex9607:30:02 - 15 Oct 2018 [UTC]

bitcoin today will reach 7,000???

Alex9607:30:15 - 15 Oct 2018 [UTC]

or fake ?

fav07:31:27 - 15 Oct 2018 [UTC]

Prepare for trouble

Alex9607:31:48 - 15 Oct 2018 [UTC]

)

shakhruk khan07:44:44 - 15 Oct 2018 [UTC]

BURUAN SEGERA JOIN! channel ini selalu memberikan profit, analisanya sangat akurat dan tepat! dijamin opit! http://t.me/FreeSignalVIP

Thule 36908:23:09 - 15 Oct 2018 [UTC]

theobserver2

If USDT is diying this should be some sort of opportunity for BitUsd to be added to some exchanges as an alternative isn't it?

first i don't belive usdt is dying and think there are 2 options. 1.Creating fud so people leave fiat because of the next big dip coming 2.Rothschild implementing his own USD stablecoin which he announced USDT was backed by a bank controlled by the rothschild

nutela08:30:46 - 15 Oct 2018 [UTC]

john_robert

https://www.youtube.com/watch?v=EemAtdbYEPY

Looks too good to be true, I was thinking if everybody had a family like that… 🤗

R08:33:36 - 15 Oct 2018 [UTC]

thule369

Deposits are frozen on bitfenix which is heavily tied to tether iirc. They haven't got publicly proven backing collateral, feeling awfuly like mtgox 2.0

Thule 36908:34:04 - 15 Oct 2018 [UTC]

usdt was also frozen on kucoin

Thule 36908:34:07 - 15 Oct 2018 [UTC]

and is open again

nutela08:34:09 - 15 Oct 2018 [UTC]

thule369

Rothschild? Well I want to see some proof first 😂

Thule 36908:34:14 - 15 Oct 2018 [UTC]

calling it a wallet maintenance

Alex M - clockwork08:34:52 - 15 Oct 2018 [UTC]

nut3l4

Rothschild? Well I want to see some proof first 😂

they all are

Thule 36908:35:15 - 15 Oct 2018 [UTC]

coinmarketcap showing wrong prices for BTC markets and bitmex hell knows what taking as price reference

nutela08:35:27 - 15 Oct 2018 [UTC]

clockworkgr

they all are

Hey Alex, Also in Iran?

Thule 36908:36:00 - 15 Oct 2018 [UTC]

nearly $1000 price diffrence between bitmex and binance,huobi,bitfinex etc

Alex M - clockwork08:36:15 - 15 Oct 2018 [UTC]

no idea...was a jesty light-hearted comment :P

George (Bitspark)08:37:11 - 15 Oct 2018 [UTC]

thule369

coinmarketcap showing wrong prices for BTC markets and bitmex hell knows what taking as price reference

bitmex is the price reference

nutela08:42:58 - 15 Oct 2018 [UTC]

Hmm what is wrong with this picture? 😂

Fabian Schuh08:45:02 - 15 Oct 2018 [UTC]

BTS missing ..

Fabian Schuh08:45:04 - 15 Oct 2018 [UTC]

nutela08:49:44 - 15 Oct 2018 [UTC]

xeroc

BTS missing ..

Well that’s your fault you didn’t get it in the top 😂

Thule 36908:50:56 - 15 Oct 2018 [UTC]

memset

i mean when BTC was 7800 on binance it was 6800 on bitmex

R08:51:23 - 15 Oct 2018 [UTC]

thule369

i mean when BTC was 7800 on binance it was 6800 on bitmex

This isn't the bitcoin telegram channel

Thule 36908:51:52 - 15 Oct 2018 [UTC]

cmmob

This isn't the bitcoin telegram channel

and important market topics are not being allowed to discuss?

R08:52:12 - 15 Oct 2018 [UTC]

thule369

and important market topics are not being allowed to discuss?

Take it to the trading channel

Thule 36908:52:23 - 15 Oct 2018 [UTC]

do i need to switch for every important topic to the accurate telegram channel?

R08:52:41 - 15 Oct 2018 [UTC]

thule369

do i need to switch for every important topic to the accurate telegram channel?

When it's not related to bitshares, that would make sense.

Thule 36908:52:51 - 15 Oct 2018 [UTC]

actually it doesnt

Abit More10:12:34 - 15 Oct 2018 [UTC]

@xeroc @clockworkgr @fav many spams on forum, seems posted by old accounts

は

はるか10:13:31 - 15 Oct 2018 [UTC]

victims of password leak?

Alex M - clockwork10:19:49 - 15 Oct 2018 [UTC]

deleted a bunch again...

Alex M - clockwork10:19:52 - 15 Oct 2018 [UTC]

banned accounts

Alex M - clockwork10:20:01 - 15 Oct 2018 [UTC]

banned offending IP outright

JonnyB10:26:15 - 15 Oct 2018 [UTC]

USDT getting rekt

JonnyB10:30:21 - 15 Oct 2018 [UTC]

USDC is the circle/poloniex (Goldman Sachs) stablecoin

John Jones10:31:32 - 15 Oct 2018 [UTC]

It seems KuCoin temporarily suspended withdrawals of Tether.

John Jones10:31:39 - 15 Oct 2018 [UTC]

Market spooked.

JonnyB10:31:45 - 15 Oct 2018 [UTC]

The digital dollar AML/KYC surveillance coin of your worst nighmare

Fabian Schuh10:33:01 - 15 Oct 2018 [UTC]

Only 50k Tether brought the market down to 0.85 .. wow

da Lexx10:35:39 - 15 Oct 2018 [UTC]

xeroc

Only 50k Tether brought the market down to 0.85 .. wow

da Lexx10:36:14 - 15 Oct 2018 [UTC]

I think it was the fud

George (Bitspark)10:36:16 - 15 Oct 2018 [UTC]

Thats just kraken ^

da Lexx10:36:25 - 15 Oct 2018 [UTC]

not inly 50k

George (Bitspark)10:36:29 - 15 Oct 2018 [UTC]

market lead on USDT is bitfinex then binance

da Lexx10:36:48 - 15 Oct 2018 [UTC]

George_Bitspark

market lead on USDT is bitfinex then binance

this

da Lexx10:37:27 - 15 Oct 2018 [UTC]

ppl just moved from tether into crypto

da Lexx10:37:34 - 15 Oct 2018 [UTC]

thats all

Fabian Schuh10:39:11 - 15 Oct 2018 [UTC]

gzuz_342

I think it was the fud

Well, finex isnt doing a good job defending their product against fud

Alex M - clockwork10:39:50 - 15 Oct 2018 [UTC]

and tbh

Alex M - clockwork10:40:05 - 15 Oct 2018 [UTC]

all they have to do is get their bank to release an accoutn balance

JonnyB10:40:48 - 15 Oct 2018 [UTC]

My screen shot is USDC/USDT from poloniex

da Lexx10:41:12 - 15 Oct 2018 [UTC]

xeroc

Well, finex isnt doing a good job defending their product against fud

oh they did

da Lexx10:41:36 - 15 Oct 2018 [UTC]

I don't want to post links here. I may get banned again.lol

JonnyB10:41:52 - 15 Oct 2018 [UTC]

USDT is 0.93

da Lexx10:41:54 - 15 Oct 2018 [UTC]

It seems I can't post links here

da Lexx10:41:58 - 15 Oct 2018 [UTC]

rofl

Fabian Schuh10:44:08 - 15 Oct 2018 [UTC]

gzuz_342

oh they did

Not sure you are reading the same stuff that i do .. But their 'press releases' do not add confidence but open up more questionmarks.. Imho

da Lexx10:44:31 - 15 Oct 2018 [UTC]

hmmm

Fabian Schuh10:44:47 - 15 Oct 2018 [UTC]

ofc

da Lexx10:44:51 - 15 Oct 2018 [UTC]

ethereumworld

da Lexx10:45:01 - 15 Oct 2018 [UTC]

news

Stefan10:45:46 - 15 Oct 2018 [UTC]

gzuz_342

It seems I can't post links here

30 days after re-adding

da Lexx10:45:57 - 15 Oct 2018 [UTC]

ok, thx

George (Bitspark)10:45:57 - 15 Oct 2018 [UTC]

Mylimbsarelong

My screen shot is USDC/USDT from poloniex

premium on TUSD even more than USDC too, 1.06

Alex M - clockwork10:46:11 - 15 Oct 2018 [UTC]

gzuz_342

ok, thx

try not to get banend again :P

da Lexx10:46:27 - 15 Oct 2018 [UTC]

clockworkgr

try not to get banend again :P

lol. I might just watch

da Lexx10:46:34 - 15 Oct 2018 [UTC]

😂😂😂

Stefan10:46:45 - 15 Oct 2018 [UTC]

gzuz_342

ok, thx

Removed the restriction

Alex M - clockwork10:46:51 - 15 Oct 2018 [UTC]

gzuz_342

lol. I might just watch

i'd probably bet on it

George (Bitspark)10:46:53 - 15 Oct 2018 [UTC]

just like how premiums or discouns in bitUSD are also fine. Sometimes the markets have various panic sells or shortages. cough BSIP42.... 😉

da Lexx10:46:58 - 15 Oct 2018 [UTC]

sschiessl

Removed the restriction

cool !

da Lexx10:47:07 - 15 Oct 2018 [UTC]

clockworkgr

i'd probably bet on it

hmmm

Alex M - clockwork10:47:26 - 15 Oct 2018 [UTC]

we can start a prediction market on it

da Lexx10:47:37 - 15 Oct 2018 [UTC]

clockworkgr

we can start a prediction market on it

LOL. yes

は

はるか10:47:42 - 15 Oct 2018 [UTC]

clockworkgr

we can start a prediction market on it

great idea

da Lexx10:47:46 - 15 Oct 2018 [UTC]

BTW eosbet got hacked again

da Lexx10:47:53 - 15 Oct 2018 [UTC]

talking about gamble

Fabian Schuh10:48:04 - 15 Oct 2018 [UTC]

Fabian Schuh10:48:08 - 15 Oct 2018 [UTC]

What happend?

Alex M - clockwork10:48:13 - 15 Oct 2018 [UTC]

apparently EOS cpu prices are rocketing due to everyone playing dice

Alex M - clockwork10:48:22 - 15 Oct 2018 [UTC]

turning into glorified cryptokitties

M-

Max - BetDice10:49:25 - 15 Oct 2018 [UTC]

The contract eosbet is using didn't check the receiver when receiving transfer. The attacker was actually transferring money from his A account to his B account. In the B account, he just forwarded the transaction to eosbet. As eosbet didn't check the receiver, they think it was a transfer from someone to its account, and allow this transaction to place the bet and finally, tokens were paid when he win the bet. After checking with contract, we did checked the receiver is our contract and should not be affected by this bug. Although we should not be affected, we would look closely on our account and confirm that it is safe. We would also double check our contract again to ensure the security.

da Lexx10:50:02 - 15 Oct 2018 [UTC]

something similar like the fake eos at the last attack...

は

はるか10:50:15 - 15 Oct 2018 [UTC]

on eos you can "forward" trx like that?

da Lexx10:50:20 - 15 Oct 2018 [UTC]

issues in their contract it seems

Fabian Schuh10:50:45 - 15 Oct 2018 [UTC]

Interesting

da Lexx10:50:59 - 15 Oct 2018 [UTC]

now all gamble sites checking their codes again

da Lexx10:51:21 - 15 Oct 2018 [UTC]

at least. bad reputation for eos

Alex M - clockwork10:51:21 - 15 Oct 2018 [UTC]

"didn't check the receiver when receiving transfer. " —-SERIOUSLY?

Alex M - clockwork10:51:59 - 15 Oct 2018 [UTC]

thats like accepting payment via a cheque MADE TO SOMEONE ELSE

は

はるか10:52:24 - 15 Oct 2018 [UTC]

so I'm now interested on the "forwarding" thing

Alex M - clockwork10:53:19 - 15 Oct 2018 [UTC]

details : https://medium.com/@eosbetcasino/eosbet-transfer-hack-statement-31a3be4f5dcf

は

はるか10:53:41 - 15 Oct 2018 [UTC]

that aside, with 2 EOS on account, I can't even create an almost empty contract

は

はるか10:53:45 - 15 Oct 2018 [UTC]

f**k the ram price

Alex M - clockwork10:54:48 - 15 Oct 2018 [UTC]

harukaff_bot

that aside, with 2 EOS on account, I can't even create an almost empty contract

2 EOS? bloody rich you are

は

はるか10:55:56 - 15 Oct 2018 [UTC]

33k

は

はるか10:56:01 - 15 Oct 2018 [UTC]

for this

Droucil10:57:00 - 15 Oct 2018 [UTC]

clockworkgr

apparently EOS cpu prices are rocketing due to everyone playing dice

Still just 15tps, wondering how that can cause for such a high cpu spike 😞

Alex M - clockwork10:57:00 - 15 Oct 2018 [UTC]

stuff like this makes me feel we should NOT allow user smart contracts

Alex M - clockwork10:57:26 - 15 Oct 2018 [UTC]

although i was teh one that opened the discussion again and i DO like the work OL did

は

はるか10:57:58 - 15 Oct 2018 [UTC]

maybe we need a different approach

は

はるか10:58:05 - 15 Oct 2018 [UTC]

instead of eos-like

Alex M - clockwork10:59:03 - 15 Oct 2018 [UTC]

well..my initial discussion was for VERY limited functionality

Alex M - clockwork10:59:27 - 15 Oct 2018 [UTC]

more of ifttt style

Alex M - clockwork10:59:38 - 15 Oct 2018 [UTC]

but requires a completely custom scripting engine :/

JonnyB11:02:51 - 15 Oct 2018 [UTC]

George_Bitspark

premium on TUSD even more than USDC too, 1.06

What's tusd?

George (Bitspark)11:03:18 - 15 Oct 2018 [UTC]

Mylimbsarelong

What's tusd?

some other trusted stablecoin on binance other than usdt

JonnyB11:04:26 - 15 Oct 2018 [UTC]

Someone should make a BTS dex that just trades USD tokens

JonnyB11:08:10 - 15 Oct 2018 [UTC]

Trouble with AML/KYC stablecoins is if you sell a bitcoin on a dex. You might be selling it to a drug dealer. Then when you try to exchange your stablecoin for real money the AML/KYC computer will freeze your stablecoin.

Abit More11:08:30 - 15 Oct 2018 [UTC]

George_Bitspark

just like how premiums or discouns in bitUSD/bitCNY are also fine. Sometimes the markets have various panic sells or shortages. cough BSIP42.... 😉

ideally we don't calculate premium based on one market only

Alex M - clockwork11:09:05 - 15 Oct 2018 [UTC]

possible BTS witness data-center location : https://www.bbc.com/news/uk-england-devon-45856719 ?

Abit More11:09:07 - 15 Oct 2018 [UTC]

it's hard

Alex M - clockwork11:09:17 - 15 Oct 2018 [UTC]

should i put up a worker for it?

JonnyB11:09:25 - 15 Oct 2018 [UTC]

clockworkgr

should i put up a worker for it?

Yes

Abit More11:10:23 - 15 Oct 2018 [UTC]

for those who don't want kyc/aml, they can only use crypto but not the "real" usd

da Lexx11:10:38 - 15 Oct 2018 [UTC]

clockworkgr

possible BTS witness data-center location : https://www.bbc.com/news/uk-england-devon-45856719 ?

Hah yes

Slavi La Libertad11:11:20 - 15 Oct 2018 [UTC]

Need some guns for defending the island... :)

Alex M - clockwork11:11:41 - 15 Oct 2018 [UTC]

there already

Abit More11:11:42 - 15 Oct 2018 [UTC]

so although it's better to dump usdt for usd rather than other coins, they aren't able to do so

Slavi La Libertad11:12:09 - 15 Oct 2018 [UTC]

😂

JonnyB11:12:18 - 15 Oct 2018 [UTC]

Yes I understand

Abit More11:12:54 - 15 Oct 2018 [UTC]

so people who can withdraw for example tusd to usd got the profit when tusd is at premium

Abit More11:13:27 - 15 Oct 2018 [UTC]

however

Abit More11:13:40 - 15 Oct 2018 [UTC]

I guess tusd requires kyc as well?

JonnyB11:13:49 - 15 Oct 2018 [UTC]

When trust is lost in a USD token every holder dumps it into crypto. Making a nice pump. Real or not doesn't matter much.

Alex M - clockwork11:18:27 - 15 Oct 2018 [UTC]

https://twitter.com/TuurDemeester/status/1051254401296412672?s=19

Alex M - clockwork11:18:31 - 15 Oct 2018 [UTC]

Rofl

da Lexx11:18:45 - 15 Oct 2018 [UTC]

clockworkgr

lol

は

はるか11:21:17 - 15 Oct 2018 [UTC]

clockworkgr

Rofl

epic

Stefan11:24:39 - 15 Oct 2018 [UTC]

clockworkgr

https://twitter.com/TuurDemeester/status/1051254401296412672?s=19

Someone with twitter nominate @xeroc

Alex M - clockwork11:25:14 - 15 Oct 2018 [UTC]

sschiessl

Someone with twitter nominate @xeroc

Vitalik's suggestion is funnier

Alex M - clockwork11:25:34 - 15 Oct 2018 [UTC]

open the link to view the full thread

Stefan11:26:41 - 15 Oct 2018 [UTC]

clockworkgr

open the link to view the full thread

Kevin "Thug Life" Pham

Stefan11:26:46 - 15 Oct 2018 [UTC]

😂

Alex M - clockwork11:29:19 - 15 Oct 2018 [UTC]

https://twitter.com/subbyjr/status/1051797129168113665

Alex M - clockwork11:29:30 - 15 Oct 2018 [UTC]

because...why not

は

はるか11:32:33 - 15 Oct 2018 [UTC]

great

nutela12:33:11 - 15 Oct 2018 [UTC]

Woops

nutela12:34:17 - 15 Oct 2018 [UTC]

clockworkgr

https://twitter.com/subbyjr/status/1051797129168113665

Love to see that!

Fabian Schuh12:36:41 - 15 Oct 2018 [UTC]

USDT -> fights with discount bitUSD -> fights with premium Who will win?

nutela12:36:47 - 15 Oct 2018 [UTC]

harukaff_bot

epic

Epic ++

R12:38:21 - 15 Oct 2018 [UTC]

xeroc

USDT -> fights with discount bitUSD -> fights with premium Who will win?

I prefer to have greater spending power when holding USD crypto assets 👍

nutela12:39:53 - 15 Oct 2018 [UTC]

clockworkgr

apparently EOS cpu prices are rocketing due to everyone playing dice

Didn’t know the random function was so CPU heavy?

Alex M - clockwork12:40:26 - 15 Oct 2018 [UTC]

nut3l4

Didn’t know the random function was so CPU heavy?

no idea..havent checked...just what iev heard

nutela12:40:41 - 15 Oct 2018 [UTC]

That was a joke 😄

Alex M - clockwork12:40:52 - 15 Oct 2018 [UTC]

sorry

nutela12:40:53 - 15 Oct 2018 [UTC]

Maybe there’s a bug 😂

Alex M - clockwork12:40:53 - 15 Oct 2018 [UTC]

tired

Alex M - clockwork12:40:54 - 15 Oct 2018 [UTC]

nutela12:41:11 - 15 Oct 2018 [UTC]

clockworkgr

tired

Oh what happened? Tired for weeks now...

Alex M - clockwork12:41:25 - 15 Oct 2018 [UTC]

nut3l4

Oh what happened? Tired for weeks now...

life...life happened

Stefan12:41:38 - 15 Oct 2018 [UTC]

clockworkgr

life...life happened

Wait, I thought Beet happened :P

Alex M - clockwork12:41:48 - 15 Oct 2018 [UTC]

sschiessl

Wait, I thought Beet happened :P

that too

nutela12:42:03 - 15 Oct 2018 [UTC]

Kids?

Alex M - clockwork12:42:05 - 15 Oct 2018 [UTC]

sschiessl

Wait, I thought Beet happened :P

code reviews happened :P

Stefan12:42:14 - 15 Oct 2018 [UTC]

clockworkgr

code reviews happened :P

nutela12:42:46 - 15 Oct 2018 [UTC]

clockworkgr

code reviews happened :P

Ah, BTS or EOS?

Stefan12:43:02 - 15 Oct 2018 [UTC]

nut3l4

Ah, BTS or EOS?

https://github.com/bitshares/beet/pull/24

Alex M - clockwork12:43:14 - 15 Oct 2018 [UTC]

nut3l4

Ah, BTS or EOS?

its a joke....code reviews on Beet :)

nutela12:43:25 - 15 Oct 2018 [UTC]

Didn’t get it 😄

Alex M - clockwork12:43:31 - 15 Oct 2018 [UTC]

inside joke

Stefan12:43:31 - 15 Oct 2018 [UTC]

clockworkgr

its a joke....code reviews on Beet :)

It's no joke *whip* Get back to work!

Alex M - clockwork12:43:48 - 15 Oct 2018 [UTC]

stefan is handlign code review for beet dev

nutela12:44:27 - 15 Oct 2018 [UTC]

Beet is a fork from that EOS wallet in chrome extenstion

Alex M - clockwork12:45:14 - 15 Oct 2018 [UTC]

nut3l4

Beet is a fork from that EOS wallet in chrome extenstion

that eos wallet is Scatter...Beet is "inspired" by Scatter's Desktop release (not the extension)

Alex M - clockwork12:45:53 - 15 Oct 2018 [UTC]

wouldnt call it a fork because they only shared roughly 100 lines of code on the first PoC release....(out of 10k lines or so)

Alex M - clockwork12:46:17 - 15 Oct 2018 [UTC]

just the concept is the same

Alex M - clockwork12:46:38 - 15 Oct 2018 [UTC]

dont think they share any code anymore after latest updates

Alex9612:53:08 - 15 Oct 2018 [UTC]

I want buy 0.05 btc, who can sell? in pm pls

Abit More13:18:26 - 15 Oct 2018 [UTC]

nut3l4

Woops

stupid cmc

nutela13:19:07 - 15 Oct 2018 [UTC]

abitmore

stupid cmc

I think it’s USDT going into other stablecoins?

Abit More13:19:35 - 15 Oct 2018 [UTC]

cmc still thinks usdt worth 0.96$

nutela13:19:48 - 15 Oct 2018 [UTC]

Yup

Abit More13:19:51 - 15 Oct 2018 [UTC]

while usdt actually worth less

nutela13:20:02 - 15 Oct 2018 [UTC]

It’s worthless 😂

Abit More13:20:04 - 15 Oct 2018 [UTC]

then every other stable coin shows a premium

nutela13:20:20 - 15 Oct 2018 [UTC]

Exactly, so CMC is not so bad

Abit More13:21:42 - 15 Oct 2018 [UTC]

actually bitcny and bitusd are around 1

Abit More13:21:52 - 15 Oct 2018 [UTC]

but it shows 1.04-1.06

FarmerD13:37:51 - 15 Oct 2018 [UTC]

clockworkgr

maybe the tether situation and the fact they HAD an existing stablecoin setup using bitassets

would be great news if this is true 🤞

Mine bitcoin13:40:10 - 15 Oct 2018 [UTC]

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Crypto Kong13:40:13 - 15 Oct 2018 [UTC]

clockworkgr

the bittrex news are interesting

Is there a link to this news i cant find anything?

Alex M - clockwork13:40:31 - 15 Oct 2018 [UTC]

https://support.bittrex.com/hc/en-us/articles/360001391586-Wallet-Removal-on-November-5-2018

Alex M - clockwork13:40:36 - 15 Oct 2018 [UTC]

the NOTE:

Alex M - clockwork13:40:55 - 15 Oct 2018 [UTC]

for some reason the link is broken though so cant see mroe details yet

Crypto Kong13:41:01 - 15 Oct 2018 [UTC]

Cool thanks i see it

R13:47:04 - 15 Oct 2018 [UTC]

clockworkgr

the NOTE:

NOTE: We are no longer removing the BTS wallet at this time. Please refer to this article for more information: https://bittrex.zendesk.com/knowledge/articles/36000139964 What a roller-coaster..

Alex M - clockwork13:48:23 - 15 Oct 2018 [UTC]

and a broken link...i mean jesus

Fabian Schuh13:49:07 - 15 Oct 2018 [UTC]

FEAR, UNCERTAINTY ... its killing me ..!!

da Lexx13:56:18 - 15 Oct 2018 [UTC]

😂😂😂

fav14:07:20 - 15 Oct 2018 [UTC]

Too bad bitusd is in an absolute horrendous state. Makes no sense to promote it

Slavi La Libertad14:08:50 - 15 Oct 2018 [UTC]

Need to improve it. :)

JonnyB14:18:20 - 15 Oct 2018 [UTC]

Need a USD stablecoin backed with BTC.

Crypto Grapher14:24:50 - 15 Oct 2018 [UTC]

Crypto Grapher: If you are willing to earn 20$ instantly without investing a dime messagee privately now before the offer ends . Please serious people only

Zeck Luis14:24:56 - 15 Oct 2018 [UTC]

Mylimbsarelong

Need a USD stablecoin backed with BTC.

Oh you right

Zeck Luis14:25:27 - 15 Oct 2018 [UTC]

Cryptographer123

Crypto Grapher: If you are willing to earn 20$ instantly without investing a dime messagee privately now before the offer ends . Please serious people only

In BTC or bitshares

Crypto Grapher14:25:52 - 15 Oct 2018 [UTC]

BTC

Crypto Grapher14:26:04 - 15 Oct 2018 [UTC]

Crypto Grapher: If you are willing to earn 20$ BTC instantly without investing a dime messagee privately now before the offer ends . Please serious people only

Thom verbaltech214:28:57 - 15 Oct 2018 [UTC]

clockworkgr

stuff like this makes me feel we should NOT allow user smart contracts

I totally agree. User bugs could kill what good reputation we have left.

bench14:38:15 - 15 Oct 2018 [UTC]

favdesu

Too bad bitusd is in an absolute horrendous state. Makes no sense to promote it

what should be changed ?

bench14:46:50 - 15 Oct 2018 [UTC]

ThomasFreedman

I totally agree. User bugs could kill what good reputation we have left.

Etherium Integration by OpenLedger is risky for BTS ?

R14:47:29 - 15 Oct 2018 [UTC]

Mylimbsarelong

Need a USD stablecoin backed with BTC.

Committee can't create a 'stablecoin' backed by BTC, only BTS. Any non-committee account could easily create an USD bitasset backed by BTC, hence BSIP 45: https://github.com/BTS-CM/bsips/blob/master/bsip-0045.md

Thom verbaltech214:47:42 - 15 Oct 2018 [UTC]

habibi7

what should be changed ?

1) fix core to allow MCR use with BSIP42 2) coordinate witnesses to use new MCR BSIP42 algo 3) Witnesses need to invest more time to "adjust" the algo when it fails due to swings in market (according to bitcrab such adjustments will continually need to be made)

Fabian Schuh14:49:38 - 15 Oct 2018 [UTC]

ThomasFreedman

This!

Fabian Schuh14:50:07 - 15 Oct 2018 [UTC]

Also, that proposal works with bsip42, no need for another bsip .. Tho another bsip could make thibgs kore clear

Elias15:04:12 - 15 Oct 2018 [UTC]

There is another blockexplorer: https://bitsharescan.com/ from openledger. and seems a good work.

Kristin Low15:11:29 - 15 Oct 2018 [UTC]

Nice one, looks good.

Elias15:17:20 - 15 Oct 2018 [UTC]

yeah, i like it. filters by operations, CSV exporting, .... ❤️

Mathew15:20:36 - 15 Oct 2018 [UTC]

clockworkgr

maybe our news caused it?

😂😂 You're welcome bitcoiners... 😉

Thom verbaltech215:33:34 - 15 Oct 2018 [UTC]

habibi7

Etherium Integration by OpenLedger is risky for BTS ?

I'm not a fan of it, but Yuri did a really good job writing the proposal and starting the discussion about it on the forum and on git (https://bitsharestalk.org/index.php?topic=27198.msg322787#msg322787, https://github.com/bitshares/bsips/issues/79#issuecomment-418610701)

Thom verbaltech215:36:43 - 15 Oct 2018 [UTC]

I'm not a fan of it, but Yuri did a really good job writing the proposal and starting the discussion about it on the forum (https://bitsharestalk.org/index.php?topic=27233.msg323064#msg323064)

Taconator15:37:51 - 15 Oct 2018 [UTC]

ThomasFreedman

I totally agree. User bugs could kill what good reputation we have left.

Might be right Even if VM has no bugs, and user contracts have no bugs, throughput will be reduced **if** every node must process every user contract

Kirk15:38:10 - 15 Oct 2018 [UTC]

https://t.me/bitcoin_globaltraders This group is opened to all serious investors that’s ready to earn big

Thom verbaltech215:38:13 - 15 Oct 2018 [UTC]

xeroc

Also, that proposal works with bsip42, no need for another bsip .. Tho another bsip could make thibgs kore clear

I see it as important to accomplish 2), tho it could be done in other ways as well.

Taconator15:40:20 - 15 Oct 2018 [UTC]

George_Bitspark

On another note, just published this, welcome feedback: https://medium.com/@George_harrap/bitshares-margin-trading-and-swap-contracts-on-the-dex-discussion-3856b00a8349 there is a forum post too https://bitsharestalk.org/index.php?topic=27250.0

Much potential with this idea

Joe Baker aka JoeBitcoinOrg, RemedyCoin15:45:49 - 15 Oct 2018 [UTC]

Should there be a @bitUSD twitter account?

nutela15:54:50 - 15 Oct 2018 [UTC]

joebitcoinorg

Should there be a @bitUSD twitter account?

Of course! I’ve been saying that since more than 1/2 year.

nutela15:55:03 - 15 Oct 2018 [UTC]

Well there you have it...

nutela15:55:30 - 15 Oct 2018 [UTC]

The video is from Chris Coney, he’s on Steemit too. “Bitcoin Flash Rally As Tether Loses It's Peg”

Crypto Kong15:58:17 - 15 Oct 2018 [UTC]

https://twitter.com/BitcoinErrorLog/status/1051858270636380163?s=19

Crypto Kong15:58:46 - 15 Oct 2018 [UTC]

Wonder how many search results for this will end up in people discovering the bitshares hangout?

kenCode15:59:06 - 15 Oct 2018 [UTC]

nut3l4

Well there you have it...

upvote pablo's comment: https://www.youtube.com/watch?v=YPSP__YsUZY

nutela16:01:07 - 15 Oct 2018 [UTC]

I looked at the bitUSD market cap.. $11M?

Thom verbaltech216:01:34 - 15 Oct 2018 [UTC]

Need to set expectatons and establish metrics to assess the algo's ability to keep a tight peg, and describe how witnesses should participate. Zapata's feed monitor will definitely help, as it gives a good picture and a way to compare each witness' feed. We also should try to give witnesses a way to step aside so to speak while experimentation takes place. I can certainly see why a shareholder `might` want to "unvote" a witness that chooses not to participate during experimentation, but IMHO that isn't a good practice. I feel it's rather agressive to do that until the algo is "as good as it gets" according to witness consensus, and perhaps an open source script is made available for non-coding witnesses to use. I feel it should be formally described how witnesses can participate and help algo development / testing or bow out until consensus algo is ready for production by disabling that asset feed or reducing the feed time to be very slow so as not to interfere with experimentation. These are some of the experimentation / coordination aspects I believe should be established prior to experimentation starting.

Mathew16:02:24 - 15 Oct 2018 [UTC]

George_Bitspark

Amazing idea George

Thom verbaltech216:02:37 - 15 Oct 2018 [UTC]

xeroc

Also, that proposal works with bsip42, no need for another bsip .. Tho another bsip could make thibgs kore clear

nutela16:03:35 - 15 Oct 2018 [UTC]

matle85

Amazing idea George

I’m glad you feel the same way, it’s ridiculous BitShares has such a small market cap, it’s almost a super stable product..

nutela16:04:17 - 15 Oct 2018 [UTC]

But I’d like to see more stress testing… esp. that peg.

nutela16:04:46 - 15 Oct 2018 [UTC]

And connection issues from witnesses? Is that a money issue?

Yury Cherniawsky (OpenLedger)16:07:17 - 15 Oct 2018 [UTC]

Taconator

Might be right Even if VM has no bugs, and user contracts have no bugs, throughput will be reduced if every node must process every user contract

The throughput remains the same according to our tests. But utilization will grow, and there is no problem with that - currently Bitshares as strongly underutilized. More utilization means more fees means higher BTS price

Thom verbaltech216:14:24 - 15 Oct 2018 [UTC]

matle85

Amazing idea George

Certainly is worth discussing. Abit commented on it in the forum, saying he thinks Bytemaster ran into performance issues in looking into it and thus wasn't pursued further, tho there was plenty of demand to implement such a feature. https://bitsharestalk.org/index.php?topic=27250.msg323129#msg323129

fractalnode16:15:23 - 15 Oct 2018 [UTC]

remind me please, what is the name of an application similar to twitter on steemit

nutela16:16:14 - 15 Oct 2018 [UTC]

Where can I see CoinA - CoinB? I’d like to compare EOS and other crypto on stablecoin marketcap and BTS

nutela16:16:24 - 15 Oct 2018 [UTC]

fractalnode

remind me please, what is the name of an application similar to twitter on steemit

Zappl?

nutela16:18:33 - 15 Oct 2018 [UTC]

The idiot MSM of crypto are talking price of stablecoins? What happened to market cap indicator? I thought I was a noob… https://www.coindesk.com/price-of-tether-stablecoin-tanks-to-18-month-low/

nutela16:21:13 - 15 Oct 2018 [UTC]

We need to shill NOW for $bitUSD… cryptonews is waking up to Tether scam, let them have it.

nutela16:22:50 - 15 Oct 2018 [UTC]

fractalnode16:22:59 - 15 Oct 2018 [UTC]

nut3l4

Zappl?

yup, thanks!

nutela16:28:07 - 15 Oct 2018 [UTC]

Please guys comment here: https://www.ccn.com/interview-trader-says-tether-will-be-replaced-by-new-stablecoins-better-for-crypto/

nutela16:28:41 - 15 Oct 2018 [UTC]

“Current fiat backed stable coin global 24hr volumes: Tether: $2.3B TrueUSD: $9.4M PAXOS: $3.7M (Regulated, and only recently listed on Binance for a few days) Gemini Dollar: $79K USDC: unknown”

nutela16:29:01 - 15 Oct 2018 [UTC]

bitUSD: $11M Hello?!

nutela16:29:14 - 15 Oct 2018 [UTC]

https://twitter.com/cz_binance/status/1048848581950492672?ref_src=twsrc%5Etfw

Abit More16:42:08 - 15 Oct 2018 [UTC]

ThomasFreedman

A good algorithm doesn't need too much adjustment

Abit More16:42:36 - 15 Oct 2018 [UTC]

Only need to fix broken data sources

Abit More16:42:52 - 15 Oct 2018 [UTC]

E.g. count in usdt discount

Abit More16:44:45 - 15 Oct 2018 [UTC]

If someone manually added limitations caused algorithm not working, it's not the algorithm's fault

Abit More16:49:35 - 15 Oct 2018 [UTC]

ThomasFreedman

New MCR based algorithm is also within bsip42's context/scope/spirit. That said, current bsip42 mechanism does work, although it's perhaps a temporary solution. We do can promote bitusd now

Abit More16:52:58 - 15 Oct 2018 [UTC]

ThomasFreedman

Need to set expectatons and establish metrics to assess the algo's ability to keep a tight peg, and describe how witnesses should participate. Zapata's feed monitor will definitely help, as it gives a good picture and a way to compare each witness' feed. We also should try to give witnesses a way to step aside so to speak while experimentation takes place. I can certainly see why a shareholder might want to "unvote" a witness that chooses not to participate during experimentation, but IMHO that isn't a good practice. I feel it's rather agressive to do that until the algo is "as good as it gets" according to witness consensus, and perhaps an open source script is made available for non-coding witnesses to use. I feel it should be formally described how witnesses can participate and help algo development / testing or bow out until consensus algo is ready for production by disabling that asset feed or reducing the feed time to be very slow so as not to interfere with experimentation. These are some of the experimentation / coordination aspects I believe should be established prior to experimentation starting.

Well said. You do can contribute to the docs and tools.

Abit More16:53:31 - 15 Oct 2018 [UTC]

And process

Abit More16:57:38 - 15 Oct 2018 [UTC]

nut3l4

“Current fiat backed stable coin global 24hr volumes: Tether: $2.3B TrueUSD: $9.4M PAXOS: $3.7M (Regulated, and only recently listed on Binance for a few days) Gemini Dollar: $79K USDC: unknown”

It did say Fiat backed. Bitusd is not.

Thom verbaltech216:59:37 - 15 Oct 2018 [UTC]

abitmore

A good algorithm doesn't need too much adjustment

I agree. That's why I told Bitcrab continual adjustments to algo indicate the algo is not adequate. The point of automation is to reduce labor and provide consistency and reliability. You can't code an algo that predicts the market, you can only aproximate it. Although I don't like the idea of having to continually tweak an algo to do anythng, I will if it will mean a tighter peg AND if I understand the approach to experimentation. As for my personal contribution I intend to participate. I only hope we can do it better than it was done in BitCNY and with clear objectives and expectations.

nutela17:06:57 - 15 Oct 2018 [UTC]

abitmore

It did say Fiat backed. Bitusd is not.

Of course it is, just indirectly via $BTS

Thom verbaltech217:06:59 - 15 Oct 2018 [UTC]

abitmore

Only need to fix broken data sources

That wasn't what Bitcrab was referring to. Also, adding / removing feed sources is something witnesses have always needed to do, that has nothing to do with BSIP42 in particular.

nutela17:07:08 - 15 Oct 2018 [UTC]

So it’s even better!

nutela17:08:22 - 15 Oct 2018 [UTC]

abitmore

New MCR based algorithm is also within bsip42's context/scope/spirit. That said, current bsip42 mechanism does work, although it's perhaps a temporary solution. We do can promote bitusd now

That in any case, let’s focus on making bitXXX and BitShares top notch.

nutela17:10:09 - 15 Oct 2018 [UTC]

ThomasFreedman

So instead of arguing, which analytics sites provide good metrics, Nomics, onchainfx, CMC…?

nutela17:10:44 - 15 Oct 2018 [UTC]

Let’s approach this scientifically so there’s a minimum of arguments.

Bruno Stoner17:17:12 - 15 Oct 2018 [UTC]

hey

fav17:18:37 - 15 Oct 2018 [UTC]

hey

nutela17:23:12 - 15 Oct 2018 [UTC]

nutela_bot: default spam alert level meter 35%

Thom verbaltech217:36:24 - 15 Oct 2018 [UTC]

abitmore

Well said. You do can contribute to the docs and tools.

`So instead of arguing, which analytics sites provide good metrics, Nomics, onchainfx, CMC…?` Good question. How did you select them to eval CNY last time? I'd guess the same ones may not prove useful in the USD market, but IDK if that's true. That's why I thought to study Zapata's code, to see if I can identify useful points to instrument or variables that would be useful to expose to help us optimize the algo. So which channel (forum?) should these conventions and tools be discussed and developed? Should this convo move elsewhere? First question I have is how do we go about keeping witnesses' algos "synced", so we can coordinate the premium / adjustment changes? Some type of a "adjustment parameter leader", a reference for witnesses to sync their adjustments to, perhaps by simply "pinning" the most recent info to the top of a Telegram channel. I've noticed convos in Telegram can get rather fast paced and hard to follow. Perhaps just a convention to "pin" a msg in channel with most recent info witnesses can use to keep their algos tweaked & synced with others. You abit were kindof acting in that capaccity during the cny experimentation, providing info on which way premium was going as an example. Point is we need a target to shoot for and a way for witnesses to "get on the same page" as each other. It won't help if witnesses all use different settings. I will spend some time today studying Zapata's BSIP42 code as I suspect it will be the starting point many witnesses will use to feed BitUSD via BSIP42.

nutela17:39:36 - 15 Oct 2018 [UTC]

ThomasFreedman

So instead of arguing, which analytics sites provide good metrics, Nomics, onchainfx, CMC…? Good question. How did you select them to eval CNY last time? I'd guess the same ones may not prove useful in the USD market, but IDK if that's true. That's why I thought to study Zapata's code, to see if I can identify useful points to instrument or variables that would be useful to expose to help us optimize the algo. So which channel (forum?) should these conventions and tools be discussed and developed? Should this convo move elsewhere? First question I have is how do we go about keeping witnesses' algos "synced", so we can coordinate the premium / adjustment changes? Some type of a "adjustment parameter leader", a reference for witnesses to sync their adjustments to, perhaps by simply "pinning" the most recent info to the top of a Telegram channel. I've noticed convos in Telegram can get rather fast paced and hard to follow. Perhaps just a convention to "pin" a msg in channel with most recent info witnesses can use to keep their algos tweaked & synced with others. You abit were kindof acting in that capaccity during the cny experimentation, providing info on which way premium was going as an example. Point is we need a target to shoot for and a way for witnesses to "get on the same page" as each other. It won't help if witnesses all use different settings. I will spend some time today studying Zapata's BSIP42 code as I suspect it will be the starting point many witnesses will use to feed BitUSD via BSIP42.

I guess BitSharesTalk the usual?

nutela17:54:22 - 15 Oct 2018 [UTC]

Maybe it’s time to do some marketing?

nutela17:55:00 - 15 Oct 2018 [UTC]

bitCNY

kenCode18:01:10 - 15 Oct 2018 [UTC]

nut3l4

Maybe it’s time to do some marketing?

if Bitshares has millions in the pool then why don't we have some payrolled Writers at CT, Bitcoin News, Coindesk, etc

nutela18:01:52 - 15 Oct 2018 [UTC]

Thanks Ken, I’m looking at who’s who in crypto news. It’s worse than fake news TBH…

fav18:04:30 - 15 Oct 2018 [UTC]

cause shill writing on so called crypto news sites only attracts shitcoiners. waste of money

fav18:04:45 - 15 Oct 2018 [UTC]

even worse are the idiots reading this shit

kenCode18:05:43 - 15 Oct 2018 [UTC]

better than "news" sites, spend a few bux and send monthly PalmPay flyers to every chamber of commerce globally. i think BTS price would go up pretty quick

nutela18:06:09 - 15 Oct 2018 [UTC]

favdesu

even worse are the idiots reading this shit

What is good shit then?

a4nkit18:06:15 - 15 Oct 2018 [UTC]

Llolll po llllllllmllllpooggpkjkuuuuuiuuu on kjmmpooljollkkoppp only npm iiiiiiiiiiim

kenCode18:06:25 - 15 Oct 2018 [UTC]

bitshares makes for the perfect point of sale network imo

kenCode18:08:08 - 15 Oct 2018 [UTC]

make every Chamber an Amb too so they can get paid

nutela18:08:38 - 15 Oct 2018 [UTC]

I’m looking at investing.com now..

kenCode18:09:47 - 15 Oct 2018 [UTC]

nut3l4

I’m looking at investing.com now.. They have cryptobridge..

their demo is hodlers, savers and traders too

nutela18:10:13 - 15 Oct 2018 [UTC]

I dunno man, I thought Steem had a good reputation system 😂

nutela18:12:04 - 15 Oct 2018 [UTC]

I think best would be to track finance behind crypto news outlets…

nutela18:16:49 - 15 Oct 2018 [UTC]

BitFinex going down would be the biggest joke of the year...

Alex M - clockwork18:18:49 - 15 Oct 2018 [UTC]

nut3l4

“Blockchain data from Omni, the second-layer protocol that operates on the Bitcoin blockchain and serves as the infrastructure for the tether token, reveals that cryptocurrency exchange Bitfinex sent 300 million USDT to the Tether treasury address last week through two separate transactions. The first, executed on Oct. 9, returned 100 million USDT to Tether. Just five days later, on Oct. 14, Bitfinex — which reportedly shares a management team with Tether — sent another 200 million tokens to the treasury address. Previously, on Oct. 3, Bitfinex had returned 10 million USDT to the treasury, which has not issued any new tokens since Sept. 21. ”

Bitfinex spreads fud on itself, buys back tether at 20% discount, covers "missing" collateral...possible?

nutela18:19:51 - 15 Oct 2018 [UTC]

clockworkgr

Bitfinex spreads fud on itself, buys back tether at 20% discount, covers "missing" collateral...possible?

Buys back? Like from actual users?

Alex M - clockwork18:20:18 - 15 Oct 2018 [UTC]

Yep

nutela18:20:31 - 15 Oct 2018 [UTC]

So those users actually exist?

Alex M - clockwork18:20:34 - 15 Oct 2018 [UTC]

They were selling 1 usdt for 0.86 today

nutela18:20:49 - 15 Oct 2018 [UTC]

Wow, it went down to 0.86?

nutela18:20:54 - 15 Oct 2018 [UTC]

Then USDT is done

Alex M - clockwork18:21:28 - 15 Oct 2018 [UTC]

not if they just cooked their books that way

nutela18:21:58 - 15 Oct 2018 [UTC]

clockworkgr

not if they just cooked their books that way

CEX… you have no idea who is who..

Alex M - clockwork18:22:03 - 15 Oct 2018 [UTC]

" cryptocurrency exchange Bitfinex sent 300 million USDT to the Tether treasury address last week through two separate transactions."

Alex M - clockwork18:22:08 - 15 Oct 2018 [UTC]

picture this

Alex M - clockwork18:22:33 - 15 Oct 2018 [UTC]

bitfinex prints 300m USDT despite only having 240m USD in the bank

Alex M - clockwork18:22:53 - 15 Oct 2018 [UTC]

users buy it off bitfinex and other exchanges

Alex M - clockwork18:23:10 - 15 Oct 2018 [UTC]

now pressure is mounting on tether to prove it has enough collateral

Alex M - clockwork18:23:16 - 15 Oct 2018 [UTC]

orchestrate FUD

Alex M - clockwork18:23:25 - 15 Oct 2018 [UTC]

buy back tether for cheap

nutela18:23:26 - 15 Oct 2018 [UTC]

clockworkgr

users buy it off bitfinex and other exchanges

Who knows which users...

Alex M - clockwork18:23:28 - 15 Oct 2018 [UTC]

burn it

Alex M - clockwork18:23:30 - 15 Oct 2018 [UTC]

bingo

nutela18:23:38 - 15 Oct 2018 [UTC]

😂

nutela18:23:50 - 15 Oct 2018 [UTC]

Make cool documentary

nutela18:23:59 - 15 Oct 2018 [UTC]

Earn real $$ 😂

Alex M - clockwork18:24:03 - 15 Oct 2018 [UTC]

nut3l4

Who knows which users...

what do you mean? anyone can buy USDT ...all those people who trade BTC for USDT when BTC takes a dive

nutela18:24:19 - 15 Oct 2018 [UTC]

clockworkgr

what do you mean? anyone can buy USDT ...all those people who trade BTC for USDT when BTC takes a dive

They can fake some users bought USDT?

Alex M - clockwork18:24:25 - 15 Oct 2018 [UTC]

nutela18:24:32 - 15 Oct 2018 [UTC]

No?

Alex M - clockwork18:24:36 - 15 Oct 2018 [UTC]

REAL users own USDT

Alex M - clockwork18:24:39 - 15 Oct 2018 [UTC]

on exchanges

nutela18:24:44 - 15 Oct 2018 [UTC]

Some real users

nutela18:25:00 - 15 Oct 2018 [UTC]

But maybe on BitFinex just 20% __real__ users

Alex M - clockwork18:25:14 - 15 Oct 2018 [UTC]

just sayign they couldve orchestrated the FUD to get those users to sell their USDT for dimes on a dollar

Alex M - clockwork18:25:23 - 15 Oct 2018 [UTC]

thus covering their lack of collateral

nutela18:26:14 - 15 Oct 2018 [UTC]

clockworkgr

just sayign they couldve orchestrated the FUD to get those users to sell their USDT for dimes on a dollar

Sure I agree to that!

nutela18:26:34 - 15 Oct 2018 [UTC]

Psst remember we are colluding Alex

nutela18:26:47 - 15 Oct 2018 [UTC]

Just pretend you bought that USDT from me...

Alex M - clockwork18:26:47 - 15 Oct 2018 [UTC]

i'm not :P

nutela18:26:52 - 15 Oct 2018 [UTC]

Which I never had...

nutela18:26:57 - 15 Oct 2018 [UTC]

clockworkgr

i'm not :P

You traitor

nutela18:27:09 - 15 Oct 2018 [UTC]

I’m not giving back that USDT

nutela18:27:57 - 15 Oct 2018 [UTC]

And that cryptoporn blockchain idea was my idea

nutela18:28:37 - 15 Oct 2018 [UTC]

😂

Wolf of Bit Street18:32:10 - 15 Oct 2018 [UTC]

Hello world

Thom verbaltech218:33:06 - 15 Oct 2018 [UTC]

OK, the forum it is. https://bitsharestalk.org/index.php?topic=27260.msg323138#msg323138

nutela18:34:46 - 15 Oct 2018 [UTC]

Thom, I found the BSIP42 on GitHub to be really hard to follow… indication it’s BS.. IMHO

Wolf of Bit Street18:35:01 - 15 Oct 2018 [UTC]

Guise is There going to be more Coins added to openledger ? Like dgb xvg sc?

Wolf of Bit Street18:35:53 - 15 Oct 2018 [UTC]

Sending passport Photos make me sick

Thom verbaltech218:42:37 - 15 Oct 2018 [UTC]

nut3l4

Thom, I found the BSIP42 on GitHub to be really hard to follow… indication it’s BS.. IMHO

I don't think it's BS, just rushed into service prematurely. BSIP42 was written better than some I've seen, but it needed more specification, more coordination for witness experimentation. I'd like to improve the approach we take on BitUSD.

kenCode18:43:29 - 15 Oct 2018 [UTC]

Wolf of Bit Street

Guise is There going to be more Coins added to openledger ? Like dgb xvg sc?

you should probably ask that company about that

nutela18:43:36 - 15 Oct 2018 [UTC]

ThomasFreedman

Adjust pricefeeds to make a better peg = BS IMHO or?

Bruno Stoner18:43:41 - 15 Oct 2018 [UTC]

hey guys what's up?

Bruno Stoner18:43:48 - 15 Oct 2018 [UTC]

good bad news?

Thom verbaltech218:43:59 - 15 Oct 2018 [UTC]

That part is BS, yes.

Alex M - clockwork18:46:28 - 15 Oct 2018 [UTC]

nut3l4

Adjust pricefeeds to make a better peg = BS IMHO or?

nah it works

Alex M - clockwork18:46:51 - 15 Oct 2018 [UTC]

need to follow all conversations to understand why and how

Alex M - clockwork18:47:05 - 15 Oct 2018 [UTC]

and also stop thinking of it as a market price indicator

Alex M - clockwork18:47:23 - 15 Oct 2018 [UTC]

more of a joint adjustsment of MCR/MSSR/SP

Alex M - clockwork18:47:47 - 15 Oct 2018 [UTC]

liek thom said...theres issues with the process

Alex M - clockwork18:47:57 - 15 Oct 2018 [UTC]

but it's not BS

Thom verbaltech218:53:19 - 15 Oct 2018 [UTC]

It does work, but at what cost to long term health of ecosystem and what cost to reputation when we start manipulating market prices, reducing collateral to unsafe levels and removing forced settlement redemption? (smartcoin redemption "garantee" is not perfect but better than no redemption at all). It is BS to manipulate maket prices IMHO and many others here as well.

nutela18:54:36 - 15 Oct 2018 [UTC]

clockworkgr

and also stop thinking of it as a market price indicator

How do you mean?

nutela18:55:47 - 15 Oct 2018 [UTC]

1. price feed is best one source with weight or multiple sources with weights, weights = reputation of said source

Thom verbaltech218:56:01 - 15 Oct 2018 [UTC]

clockworkgr

and also stop thinking of it as a market price indicator

To ask the world to treat our oracles as a "guide" is not a strategy I see used elsewhere. I see that similarly to argument that if `everyone` stopped paying taxes government would go away. Highly unlikely.

nutela18:57:00 - 15 Oct 2018 [UTC]

2. supply vs demand. How can supply vs demand affect stable coin price when stablecoin is alway 175% of BTS supply

Fabian Schuh18:57:25 - 15 Oct 2018 [UTC]

kenCode

better than "news" sites, spend a few bux and send monthly PalmPay flyers to every chamber of commerce globally. i think BTS price would go up pretty quick

I have someone in mind already. Just a little more time needed for proper introduction.

nutela18:57:37 - 15 Oct 2018 [UTC]

BTS supply is stable + some inflation right?

Fabian Schuh18:57:45 - 15 Oct 2018 [UTC]

nut3l4

BTS supply is stable + some inflation right?

Nop

Fabian Schuh18:57:52 - 15 Oct 2018 [UTC]

Supply is fixed .. 3.6B

kenCode18:57:59 - 15 Oct 2018 [UTC]

xeroc

I have someone in mind already. Just a little more time needed for proper introduction.

👍🏼

Fabian Schuh18:58:08 - 15 Oct 2018 [UTC]

Almost a third of that is in reserves .. And can be spent thru workers

nutela18:58:10 - 15 Oct 2018 [UTC]

xeroc

Supply is fixed .. 3.6B

So that’s hard cap?

Fabian Schuh18:58:14 - 15 Oct 2018 [UTC]

Yep

Alex M - clockwork18:58:23 - 15 Oct 2018 [UTC]

circ. supply is stable + some small inflation

nutela18:58:36 - 15 Oct 2018 [UTC]

OK fair enough

nutela18:59:00 - 15 Oct 2018 [UTC]

So only way stable coin price can be inaccurate is through external price feeds?

Fabian Schuh18:59:41 - 15 Oct 2018 [UTC]

nut3l4

So only way stable coin price can be inaccurate is through external price feeds?

Trading is free .. Could trade anywhere, really. Price feeds are only relevant for margin calls and settlements

nutela18:59:45 - 15 Oct 2018 [UTC]

But if that is true why does BSIP say there’s a difference between when BTS is in uptrend vs in downtrend?

nutela19:00:34 - 15 Oct 2018 [UTC]

Do you guys discuss BSIPs once per week during hangouts? By Fuzzy?

Fabian Schuh19:00:44 - 15 Oct 2018 [UTC]

Thats where people trade and balance of incentives

nutela19:01:28 - 15 Oct 2018 [UTC]

I don’t quite follow you Fabian sorry

nutela19:01:51 - 15 Oct 2018 [UTC]

But that’s ok, you have a good rep. so might be I’m the noob here...

Fabian Schuh19:02:08 - 15 Oct 2018 [UTC]

nut3l4

But that’s ok, you have a good rep. so might be I’m the noob here...

The mechanics are not easy

Fabian Schuh19:02:17 - 15 Oct 2018 [UTC]

And many people come with different opinions ..

Fabian Schuh19:02:47 - 15 Oct 2018 [UTC]

Truth is, no one knows how to best achieve a reliable peg .. And we are all experimenting with different parameters

Fabian Schuh19:02:57 - 15 Oct 2018 [UTC]

Bsip42 is one experiment ...

Alex M - clockwork19:03:01 - 15 Oct 2018 [UTC]

nut3l4

But if that is true why does BSIP say there’s a difference between when BTS is in uptrend vs in downtrend?

downtrend...higher demand for stablecoins

R19:03:02 - 15 Oct 2018 [UTC]

nut3l4

Do you guys discuss BSIPs once per week during hangouts? By Fuzzy?

Not really, only when authors rsvp to speak about their bsip

nutela19:03:02 - 15 Oct 2018 [UTC]

Look, if I read or listen to Dan Larimer, I get him always all the time.. so that’s sort of a benchmark.. not saying others are wrong or incromprehendsible, not at all but people who can explain things clearly have my benefit of the doubt.

Fabian Schuh19:03:03 - 15 Oct 2018 [UTC]

Others are discussed too..

Alex M - clockwork19:03:18 - 15 Oct 2018 [UTC]

hence higher premium

nutela19:03:39 - 15 Oct 2018 [UTC]

cmmob

Not really, only when authors rsvp to speak about their bsip

OK, and if not, do they get enough votes?

Alex M - clockwork19:03:40 - 15 Oct 2018 [UTC]

(there's more to it...but thats an easy to understand case)

Fabian Schuh19:03:49 - 15 Oct 2018 [UTC]

nut3l4

Thats maybe because he hides the difficult questions to you

nutela19:04:03 - 15 Oct 2018 [UTC]

clockworkgr

downtrend...higher demand for stablecoins

But stablecoin is 175% so where’s the lag?

Fabian Schuh19:04:23 - 15 Oct 2018 [UTC]

nut3l4

But stablecoin is 175% so where’s the lag?

Incentives!

nutela19:04:44 - 15 Oct 2018 [UTC]

xeroc

Thats maybe because he hides the difficult questions to you

Haha no I don’t think so… Or maybe he doesn’t talk about diff questions but I read and hlisten a lot from him..

Fabian Schuh19:04:47 - 15 Oct 2018 [UTC]

When i need to provide 1.75$ to borrow 1bitUSD, why wod it sellt that to you at parity?

Alex M - clockwork19:04:55 - 15 Oct 2018 [UTC]

similarly on an uptrend, 175% is too much

Fabian Schuh19:05:01 - 15 Oct 2018 [UTC]

nut3l4

Haha no I don’t think so… Or maybe he doesn’t talk about diff questions but I read and hlisten a lot from him..

We all did .. :)

Thom verbaltech219:05:08 - 15 Oct 2018 [UTC]

xeroc

The mechanics are not easy

You got that right. Modeling the market is where the mechanics get messy, not to mention the 2 major competing models (Austrian vs Keynesian economics) most people's opinions align with).

nutela19:05:13 - 15 Oct 2018 [UTC]

xeroc

When i need to provide 1.75$ to borrow 1bitUSD, why wod it sellt that to you at parity?

Duh BTS has a price, bitUSD should be 1 USD

Alex M - clockwork19:05:49 - 15 Oct 2018 [UTC]

nut3l4

Duh BTS has a price, bitUSD should be 1 USD

exactly what the bsip is about

nutela19:05:59 - 15 Oct 2018 [UTC]

So no matter what price BTS is sold at, bitUSD should always be at least 175% and listening to the median or what not of price feeds?!

Alex M - clockwork19:06:03 - 15 Oct 2018 [UTC]

1 bitUSD does not trade at 1 USD

Fabian Schuh19:06:03 - 15 Oct 2018 [UTC]

nut3l4

Duh BTS has a price, bitUSD should be 1 USD

If no one is selli g at 1$, it wont trade at $1. price feed wont change that

R19:06:10 - 15 Oct 2018 [UTC]

nut3l4

Duh BTS has a price, bitUSD should be 1 USD

Aught to be, its awesome when usd is worth more than 1 as a holder - extra buying power

Mr. Shobi19:06:13 - 15 Oct 2018 [UTC]

DAN clear and consise? Last time i listed to him on conni ytchannel . He was blah abt horsemen and secrets and comeing days blah vlah vlah

nutela19:06:23 - 15 Oct 2018 [UTC]

xeroc

If no one is selli g at 1$, it wont trade at $1. price feed wont change that

But I can’t sell bitUSD for more??

Mr. Shobi19:06:25 - 15 Oct 2018 [UTC]

Thats clear and concise?

Alex M - clockwork19:06:26 - 15 Oct 2018 [UTC]

Mr. Shobi

DAN clear and consise? Last time i listed to him on conni ytchannel . He was blah abt horsemen and secrets and comeing days blah vlah vlah

thats STan...his father

Alex M - clockwork19:06:34 - 15 Oct 2018 [UTC]

not Dan

nutela19:06:36 - 15 Oct 2018 [UTC]

Mr. Shobi

DAN clear and consise? Last time i listed to him on conni ytchannel . He was blah abt horsemen and secrets and comeing days blah vlah vlah

Source?

Mr. Shobi19:06:41 - 15 Oct 2018 [UTC]

Oh ok

Fabian Schuh19:06:43 - 15 Oct 2018 [UTC]

nut3l4

But I can’t sell bitUSD for more??

Sure you can .. Look at the markets ..

nutela19:06:56 - 15 Oct 2018 [UTC]

xeroc

Sure you can .. Look at the markets ..

Huh? Where?

R19:06:59 - 15 Oct 2018 [UTC]

nut3l4

OK, and if not, do they get enough votes anyway?

Bsips rarely have gone to a vote, many need more interaction on the bsip repo

kenCode19:07:01 - 15 Oct 2018 [UTC]

cmmob

Aught to be, its awesome when usd is worth more than 1 as a holder - extra buying power

not for a derivative though, it should peg at 1:1

Fabian Schuh19:07:09 - 15 Oct 2018 [UTC]

Bitshares dex, coinmarketcap

Mr. Shobi19:07:22 - 15 Oct 2018 [UTC]

Dan is not part of bts anymore righ? Was his idea then he went iff to eos or other

R19:07:35 - 15 Oct 2018 [UTC]

nut3l4

But I can’t sell bitUSD for more??

You're free to trade at whatever rate you want. You could sell it for $5 against a token someone really wants rid of

Alex M - clockwork19:07:44 - 15 Oct 2018 [UTC]

Mr. Shobi

Dan is not part of bts anymore righ? Was his idea then he went iff to eos or other

no he's not...2 years on now i think

nutela19:07:58 - 15 Oct 2018 [UTC]

xeroc

Bitshares dex, coinmarketcap

bitUSD is following USD right? BTS price is by market demand.

Fabian Schuh19:08:00 - 15 Oct 2018 [UTC]

kenCode

not for a derivative though, it should peg at 1:1

Bitassets are collatrralized loans, they can be traded at any price. Only incentives cause rational traders to trade close to parity. No mechanics forces them too (unless they are margin called)

Mr. Shobi19:08:05 - 15 Oct 2018 [UTC]

Yeah so when was the last time he talked abt bts

Fabian Schuh19:08:24 - 15 Oct 2018 [UTC]

Mr. Shobi

Dan is not part of bts anymore righ? Was his idea then he went iff to eos or other

Yes, tho he went of to steem first, then from there to eos

R19:08:28 - 15 Oct 2018 [UTC]

kenCode

not for a derivative though, it should peg at 1:1

Sbd doesn't peg to the dollar, its not dead yet.

Fabian Schuh19:08:34 - 15 Oct 2018 [UTC]

DanL hasnt been active in bitshares for years

nutela19:08:40 - 15 Oct 2018 [UTC]

cmmob

You're free to trade at whatever rate you want. You could sell it for $5 against a token someone really wants rid of

OK you are saying I can say I’ll sell my bitUSD for 40 BTS

Alex M - clockwork19:08:44 - 15 Oct 2018 [UTC]

cmmob

Sbd doesn't peg to the dollar, its not dead yet.

not a stablecoin either

Alex M - clockwork19:08:54 - 15 Oct 2018 [UTC]

nut3l4

OK you are saying I can say I’ll sell my bitUSD for 40 BTS

yes

Stefan19:08:58 - 15 Oct 2018 [UTC]

cmmob

Bsips rarely have gone to a vote, many need more interaction on the bsip repo

BSIPs need heavy dedication, iteration and attention. I wouldn't say rarely. Often the authors quit being done with the iterations

R19:09:03 - 15 Oct 2018 [UTC]

nut3l4

OK you are saying I can say I’ll sell my bitUSD for 40 BTS

Yeah, you'll have to wait for someone to fill the order though, it might never happen.

kenCode19:09:06 - 15 Oct 2018 [UTC]

xeroc

Bitassets are collatrralized loans, they can be traded at any price. Only incentives cause rational traders to trade close to parity. No mechanics forces them too (unless they are margin called)

no incentive for merchants to prefer smartcoins then if the price does not follow their local fiat price

Fabian Schuh19:09:20 - 15 Oct 2018 [UTC]

clockworkgr

not a stablecoin either

Well, dan envisioned SBD to be a stable coin, but his mechanics didnt match markets' mechanics

kenCode19:09:21 - 15 Oct 2018 [UTC]

merchants want stable coins

Alex M - clockwork19:09:24 - 15 Oct 2018 [UTC]

kenCode

no incentive for merchants to prefer smartcoins then if the price does not follow their local fiat price

which is why the PEG is important

nutela19:09:30 - 15 Oct 2018 [UTC]

cmmob

Yeah, you'll have to wait for someone to fill the order though, it might never happen.

So right.. but that doesn;t affect bitUSD only price of BTS

kenCode19:09:36 - 15 Oct 2018 [UTC]

clockworkgr

which is why the PEG is important

yep

Mr. Shobi19:09:56 - 15 Oct 2018 [UTC]

Whats the latest dev and release date

Mr. Shobi19:10:03 - 15 Oct 2018 [UTC]

Development

Stefan19:10:09 - 15 Oct 2018 [UTC]

Mr. Shobi

Whats the latest dev and release date

From core or UI?

Fabian Schuh19:10:16 - 15 Oct 2018 [UTC]

kenCode

no incentive for merchants to prefer smartcoins then if the price does not follow their local fiat price

Merchants are in a different market, they look for bitusd:usd trades. Bitassets mechanics are in bitusd:bts markets

Mr. Shobi19:10:23 - 15 Oct 2018 [UTC]

Either

nutela19:10:36 - 15 Oct 2018 [UTC]

bitUSD should be x amount of BTS by looking at price feeds right?

Alex M - clockwork19:10:36 - 15 Oct 2018 [UTC]

https://github.com/bitshares/bitshares-core/issues/1381

R19:10:55 - 15 Oct 2018 [UTC]

kenCode

merchants want stable coins

If merchants or exchanges want usd they could pay the premium like a convenience tax, likewise an shopper paying in bitusd could enjoy a discount at the till given higher than peg market rates

Alex M - clockwork19:10:56 - 15 Oct 2018 [UTC]

nut3l4

bitUSD should be x amount of BTS by looking at price feeds right?

thats just one market

Fabian Schuh19:11:02 - 15 Oct 2018 [UTC]

nut3l4

bitUSD should be x amount of BTS by looking at price feeds right?

Selling and buying is unrestricted!!!

nutela19:11:03 - 15 Oct 2018 [UTC]

So bitUSD = $1 but the amount of BTS you get for it varies nothing else

Alex M - clockwork19:11:15 - 15 Oct 2018 [UTC]

bitUSD should be 1$

Fabian Schuh19:11:19 - 15 Oct 2018 [UTC]

nut3l4

So bitUSD = $1 but the amount of BTS you get for it varies nothing else

Depends on the seller/buyer

nutela19:11:19 - 15 Oct 2018 [UTC]

clockworkgr

thats just one market

Sure doesn’t change

Alex M - clockwork19:11:38 - 15 Oct 2018 [UTC]

regardless of whetehr it's priced in BTS, BTC,ETH or DOGE

nutela19:11:42 - 15 Oct 2018 [UTC]

xeroc

Depends on the seller/buyer

Sure but bitUSD should be $1 or not?

Alex M - clockwork19:11:58 - 15 Oct 2018 [UTC]

yes

kenCode19:11:59 - 15 Oct 2018 [UTC]

xeroc

Merchants are in a different market, they look for bitusd:usd trades. Bitassets mechanics are in bitusd:bts markets

then the ncentive for merchants to use smartcoins just went to zero. 😔

R19:12:00 - 15 Oct 2018 [UTC]

nut3l4

Sure but bitUSD should be $1 or not?

By settlement rate, sure. By market rate its a free market.

nutela19:12:05 - 15 Oct 2018 [UTC]

Only amt of BTS or any other coin should be different.

Alex M - clockwork19:12:12 - 15 Oct 2018 [UTC]

yes

Fabian Schuh19:12:14 - 15 Oct 2018 [UTC]

nut3l4

Sure doesn’t change my proposition.

There are different ways of achieving a peg, bitassets allows free trading and wants to cause the peg to work thru incentives to trade towards the peg. Lookup nubits, they tried something else and failed.

nutela19:12:39 - 15 Oct 2018 [UTC]

cmmob

By settlement rate, sure. By market rate its a free market.

No, bitUSD = $1 by algo or are you saying there is too a price?

nutela19:12:52 - 15 Oct 2018 [UTC]

OH shit now I know what you mean

Alex M - clockwork19:12:53 - 15 Oct 2018 [UTC]

nut3l4

No, bitUSD = $1 by algo or are you saying there is too a price? From CEX?

no algo

nutela19:13:02 - 15 Oct 2018 [UTC]

It’s by CEX

Fabian Schuh19:13:17 - 15 Oct 2018 [UTC]

kenCode

then the ncentive for merchants to use smartcoins just went to zero. 😔

What are you saying? I am just saying that the discussion here (imho) was for bitusd:bts markets and incentives to maintain the peg ... The pricing of bitusd for merchants is more or less a different thing/perspective

nutela19:13:27 - 15 Oct 2018 [UTC]

xeroc

OK so CEX has markup %

nutela19:14:10 - 15 Oct 2018 [UTC]

But wait I sell bitUSD to Polo and Polo says I pay only 98 cents for bitUSD

nutela19:14:32 - 15 Oct 2018 [UTC]

That doesnt mean bitUSD = $0.98 or?

Fabian Schuh19:14:33 - 15 Oct 2018 [UTC]

Polo isnt selling anything

Fabian Schuh19:14:40 - 15 Oct 2018 [UTC]

Other traders are selling

nutela19:14:44 - 15 Oct 2018 [UTC]

xeroc

Polo isnt selling anything

Sure just example

Alex M - clockwork19:14:46 - 15 Oct 2018 [UTC]

not just CEX

Fabian Schuh19:14:56 - 15 Oct 2018 [UTC]

If they offer only 98c, so thats the best offer

kenCode19:15:11 - 15 Oct 2018 [UTC]

xeroc

exactly. different opinions on what a stable coin should be. imo, i look at it from the merchants perspective since i am not a trader. if a merchant wants $3.00 for a beer, then he should get at least $3.00.

kenCode19:15:33 - 15 Oct 2018 [UTC]

but traders love volatility, so..

nutela19:15:37 - 15 Oct 2018 [UTC]

I mean to say bitUSD should be $1 by definition, if it’s different it means there is less slipage?

Alex M - clockwork19:15:42 - 15 Oct 2018 [UTC]

in the past, you get a feed from CEX's that says BTS is say 0.11 cents (based on btc prices etc etc)

Slavi La Libertad19:15:44 - 15 Oct 2018 [UTC]

kenCode

I agree.

Alex M - clockwork19:16:08 - 15 Oct 2018 [UTC]

on the dex at the same time, BTS/bitUSD market was at BTS = 0.10 bitUSD

Alex M - clockwork19:16:30 - 15 Oct 2018 [UTC]

hence 0.10 bitUSD= 0.11 cents .. 1 bitUSD = 1.1 USD

Alex M - clockwork19:16:39 - 15 Oct 2018 [UTC]

(the premium we're trying to leiminate)

Alex M - clockwork19:16:42 - 15 Oct 2018 [UTC]

eliminate

nutela19:16:48 - 15 Oct 2018 [UTC]

I thought it was this: bitUSD is pegged to $, so bitUSD is x BTS, and all other trading pairs?

Alex M - clockwork19:16:57 - 15 Oct 2018 [UTC]

nutela19:17:29 - 15 Oct 2018 [UTC]

clockworkgr

hence 0.10 bitUSD= 0.11 cents .. 1 bitUSD = 1.1 USD

No it’s not <=>

Alex M - clockwork19:18:09 - 15 Oct 2018 [UTC]

are you seriously telling me you never saw that the DEX was trading below CEXs?

nutela19:18:41 - 15 Oct 2018 [UTC]

bitUSD should be pegged to $, BTS should be sold for $, hence BTS is priced in $ and bitUSD derived from that or?

nutela19:19:01 - 15 Oct 2018 [UTC]

clockworkgr

are you seriously telling me you never saw that the DEX was trading below CEXs?

Yes I did, it’s markup of CEX

nutela19:19:33 - 15 Oct 2018 [UTC]

If CEX says bitUSD cost me $1.10 that doesn’t mean bitUSD = $1.1

nutela19:19:41 - 15 Oct 2018 [UTC]

It’s just the markup

nutela19:20:05 - 15 Oct 2018 [UTC]

Right?

R19:20:57 - 15 Oct 2018 [UTC]

nut3l4

It’s just the markup

Sure

Abit More19:22:07 - 15 Oct 2018 [UTC]

polo does list bitusd right?

Abit More19:22:17 - 15 Oct 2018 [UTC]

delisted?

nutela19:22:19 - 15 Oct 2018 [UTC]

cmmob

Sure

Then bitUSD is just $1 we’re pretending but the amount of BTS you get varies..

R19:23:05 - 15 Oct 2018 [UTC]

nut3l4

Then bitUSD is just $1 we’re pretending but the amount of BTS you get varies..

It's not pretending that bts price varies...

R19:23:33 - 15 Oct 2018 [UTC]

abitmore

delisted?

Pretty sure, yeah.

nutela19:24:10 - 15 Oct 2018 [UTC]

cmmob

It's not pretending that bts price varies...

No I’m saying if I buy $1.1 for 1 bitUSD it means there’s markup and doesn’t change peg but I get internally other amount of BTS or whatever…

Abit More19:24:12 - 15 Oct 2018 [UTC]

so bitusd is not listed on any CEX

Abit More19:25:00 - 15 Oct 2018 [UTC]

so, no direct bitUSD/USDX trading pair in CEX. but there are trading pairs in DEX, e.g. bitUSD/open.USDT

Slavi La Libertad19:25:07 - 15 Oct 2018 [UTC]

A have an idea. Let's create a CEX and list bitusd there.

Abit More19:25:15 - 15 Oct 2018 [UTC]

Mylimbsarelong

what's it

nutela19:25:21 - 15 Oct 2018 [UTC]

abitmore

so bitusd is not listed on any CEX

https://coinmarketcap.com/currencies/bitusd/#markets

Abit More19:25:49 - 15 Oct 2018 [UTC]

nut3l4

https://coinmarketcap.com/currencies/bitusd/#markets

all DEX pairs

nutela19:25:49 - 15 Oct 2018 [UTC]

So no Abit

JonnyB19:25:55 - 15 Oct 2018 [UTC]

abitmore

what's it

Sparkdex CEO speaking in London tonight

nutela19:25:56 - 15 Oct 2018 [UTC]

abitmore

all DEX pairs

Yes!

Abit More19:26:00 - 15 Oct 2018 [UTC]

OpenLedger is the Dex

Abit More19:26:33 - 15 Oct 2018 [UTC]

so, if you hold 1 bitUSD, how much USD do you think your bitUSD worth?

nutela19:26:34 - 15 Oct 2018 [UTC]

abitmore

OpenLedger is the Dex

I know

Alex M - clockwork19:26:37 - 15 Oct 2018 [UTC]

according to BTS/bitUSD , 1 bitUSD =1.02$

nutela19:26:47 - 15 Oct 2018 [UTC]

abitmore

so, if you hold 1 bitUSD, how much USD do you think your bitUSD worth?

Depends on the BTS and other markets

Alex M - clockwork19:26:49 - 15 Oct 2018 [UTC]

so..premium...needs to go

Abit More19:26:56 - 15 Oct 2018 [UTC]

clockworkgr

according to BTS/bitUSD , 1 bitUSD =1.02$

don't trust cmc data

Alex M - clockwork19:27:04 - 15 Oct 2018 [UTC]

i dont

Abit More19:27:15 - 15 Oct 2018 [UTC]

where did you get the 1.02 price then?

Mr. Shobi19:27:21 - 15 Oct 2018 [UTC]

Sad part is even if tether burns there is no marketing and ppl do not even know abt bitusd

Abit More19:27:34 - 15 Oct 2018 [UTC]

my data says bitUSD/USD = 0.985569

Mr. Shobi19:27:36 - 15 Oct 2018 [UTC]

So no advantage to bitusd

Alex M - clockwork19:27:49 - 15 Oct 2018 [UTC]

abitmore

where did you get the 1.02 price then?

just pointing out what we mean by premium...not the specific time

kenCode19:27:52 - 15 Oct 2018 [UTC]

Mylimbsarelong

George at Spark explains things really well, he's a great speaker

Abit More19:28:11 - 15 Oct 2018 [UTC]

clockworkgr

just pointing out what we mean by premium...not the specific time

I guess he didn't understand that

JonnyB19:28:21 - 15 Oct 2018 [UTC]

kenCode

George at Spark explains things really well, he's a great speaker

Yes agreed

nutela19:28:31 - 15 Oct 2018 [UTC]

kenCode

George at Spark explains things really well, he's a great speaker

He’s a bit uncertain of himself

kenCode19:29:22 - 15 Oct 2018 [UTC]

nut3l4

He’s a bit uncertain of himself

no, i don't think so at all. he rolls right through the topcs, he's explained them so many times he knows how to get it across to many types of people

Alex M - clockwork19:29:38 - 15 Oct 2018 [UTC]

Mr. Shobi

Sad part is even if tether burns there is no marketing and ppl do not even know abt bitusd

it's exchanges that need to know...not people

Alex M - clockwork19:29:45 - 15 Oct 2018 [UTC]

and exchanges do know

Abit More19:29:49 - 15 Oct 2018 [UTC]

abitmore

I guess he didn't understand that

that's why he is unable to follow what bsip42 is talking about

nutela19:29:54 - 15 Oct 2018 [UTC]

kenCode

no, i don't think so at all. he rolls right through the topcs, he's explained them so many times he knows how to get it across to many types of people

Oh come one, he’s shy

Alex M - clockwork19:30:50 - 15 Oct 2018 [UTC]

clockworkgr

and exchanges do know

but they also expect tighter pegging & decent supply

nutela19:30:55 - 15 Oct 2018 [UTC]

abitmore

that's why he is unable to follow what bsip42 is talking about

You are talking about me? 😂 I was confused by the price feeds maybe...

Alex M - clockwork19:31:10 - 15 Oct 2018 [UTC]

nut3l4

You are talking about me? 😂 I was confused by the price feeds maybe... but if so how can bitUSD be cheaper when uptrend or downtrend?

tbh it took me a while to "get" it

Alex M - clockwork19:31:31 - 15 Oct 2018 [UTC]

you should carefully go through the forum threads

nutela19:31:38 - 15 Oct 2018 [UTC]

OK I will

nutela19:31:59 - 15 Oct 2018 [UTC]

But if it’s only about pricefeeds, how come there’s a lag?

nutela19:32:23 - 15 Oct 2018 [UTC]

I don’t get that

Alex M - clockwork19:33:44 - 15 Oct 2018 [UTC]

nut3l4

But if it’s only about pricefeeds, how come there’s a lag? If uptrend, bitUSD is cheaper? Wtf?

its not about pricefeeds...the pricefeed is used as a tool to reduce the premium

Alex M - clockwork19:34:07 - 15 Oct 2018 [UTC]

the premium is not there because the feed is wrong

Alex M - clockwork19:34:21 - 15 Oct 2018 [UTC]

the premium is there because 175% MCR might eb too high for market conditions

Alex M - clockwork19:34:26 - 15 Oct 2018 [UTC]

for example

Alex M - clockwork19:34:49 - 15 Oct 2018 [UTC]

so borrowers are unwilling to sell at the "right" price

Alex M - clockwork19:35:10 - 15 Oct 2018 [UTC]

changing the pricefeed effectively reduces MCR by having peopel called "later"

Alex M - clockwork19:35:18 - 15 Oct 2018 [UTC]

it's that kind of process

Alex M - clockwork19:35:25 - 15 Oct 2018 [UTC]

(the MCR case being just one example)

nutela19:35:46 - 15 Oct 2018 [UTC]

I don;t know what is MCR since it was not defined in BSIP42

Alex M - clockwork19:36:06 - 15 Oct 2018 [UTC]

if you dont know what MCR is then why are we having this discussion?

Alex M - clockwork19:36:17 - 15 Oct 2018 [UTC]

Valera Cogut19:36:21 - 15 Oct 2018 [UTC]

Margin Call Ratio = MCR

nutela19:36:23 - 15 Oct 2018 [UTC]

clockworkgr

if you dont know what MCR is then why are we having this discussion?

I don’t know, who didn’t define MCR?

R19:36:29 - 15 Oct 2018 [UTC]

nut3l4

I don;t know what is MCR since it was not defined in BSIP42

Read up the mpa docs 🤦‍♂️

Alex M - clockwork19:36:39 - 15 Oct 2018 [UTC]

are you suggesting IKEA instructions should define what a screwdriver is?

nutela19:36:53 - 15 Oct 2018 [UTC]

No come on, MCR should be dfined in the footer or what not

nutela19:37:13 - 15 Oct 2018 [UTC]

clockworkgr

are you suggesting IKEA instructions should define what a screwdriver is?

Of course, there’s philips and the other one

Alex M - clockwork19:37:20 - 15 Oct 2018 [UTC]

anyway

Alex M - clockwork19:37:25 - 15 Oct 2018 [UTC]

this is not aboput the BSIP

Alex M - clockwork19:37:35 - 15 Oct 2018 [UTC]

i was expecting the thinking the BSIP derived from

nutela19:37:46 - 15 Oct 2018 [UTC]

So margin call ratio is 175%

Alex M - clockwork19:37:48 - 15 Oct 2018 [UTC]

because you said you didnt get it

Valera Cogut19:38:18 - 15 Oct 2018 [UTC]

https://steemit.com/bitshares/@cyrano/how-bitshares-protects-mpas-using-margin-calls

Alex M - clockwork19:38:20 - 15 Oct 2018 [UTC]

yes...but it cant be 175% constantly

nutela19:38:21 - 15 Oct 2018 [UTC]

Now I think it’s just price feeds, so one of them is wrong or there’s weights not being proper…

Alex M - clockwork19:38:32 - 15 Oct 2018 [UTC]

or we can't have a stable PEG

nutela19:38:33 - 15 Oct 2018 [UTC]

clockworkgr

yes...but it cant be 175% constantly

Oh wait what? Why not?

nutela19:38:53 - 15 Oct 2018 [UTC]

OK at leat 175%

Alex M - clockwork19:38:54 - 15 Oct 2018 [UTC]

because sometimes it might be too high for market conditions...other times too low

nutela19:38:59 - 15 Oct 2018 [UTC]

And the rest is price feeds

Valera Cogut19:39:27 - 15 Oct 2018 [UTC]

```1. The settlement price (SP), given as bitUSD/BTS - someone who owns bitUSD can request settlement and will have their bitUSD converted to BTS 24 hours later, at the settlement price. 2. The margin call ratio (MCR) - in order to borrow x bitUSD you have to provide at least (x*MCR/SP) BTS as collateral. If the settlement price goes down, at some point SP/MCR will drop below your debt/collateral ratio, and you will be margin called. 3. The maximum short squeeze ratio (MSSR or MSQR) - a debt position that is margin called will automatically try to buy bitUSD from the market, paying up to MSSR/SP BTS per bitUSD.```

Alex M - clockwork19:40:12 - 15 Oct 2018 [UTC]

actually the impossible trinity analogy comes in at this stage

nutela19:40:50 - 15 Oct 2018 [UTC]

As I see it there can be only price feeds, like how much BTC for $1, we know the markets on the DEX, the MCR is defined so the only variables which create havoc is wrong external price feeds?

Alex M - clockwork19:41:08 - 15 Oct 2018 [UTC]

nut3l4

As I see it there can be only price feeds, like how much BTC for $1, we know the markets on the DEX, the MCR is defined so the only variables which create havoc is wrong external price feeds?

not wrong

Alex M - clockwork19:41:27 - 15 Oct 2018 [UTC]

the problem is that with MCR/MSSR stable

Alex M - clockwork19:41:32 - 15 Oct 2018 [UTC]

we can not have a stabel peg

nutela19:42:48 - 15 Oct 2018 [UTC]

clockworkgr

we can not have a stable peg

Peg should be stable so you have to manipulate internal pegs

nutela19:43:21 - 15 Oct 2018 [UTC]

But then you have smartcontract with all ppl… so where you are going to to compromises?

Alex M - clockwork19:43:33 - 15 Oct 2018 [UTC]

What do you mean by internal pegs?

nutela19:43:47 - 15 Oct 2018 [UTC]

The MCR..

Alex M - clockwork19:43:55 - 15 Oct 2018 [UTC]

Yes

Alex M - clockwork19:44:09 - 15 Oct 2018 [UTC]

Due to a bug (being fixed)

Alex M - clockwork19:44:22 - 15 Oct 2018 [UTC]

We can't dynamically adjust mcr

nutela19:44:22 - 15 Oct 2018 [UTC]

See, I knew there where bugs 😂

Alex M - clockwork19:44:31 - 15 Oct 2018 [UTC]

It's in the bsip!!!

nutela19:44:37 - 15 Oct 2018 [UTC]

If you ask long enough… 😂

Slavi La Libertad19:44:39 - 15 Oct 2018 [UTC]

bitusdusd is a stable stablecoin.

Alex M - clockwork19:44:41 - 15 Oct 2018 [UTC]

Did you actually read it?

nutela19:44:46 - 15 Oct 2018 [UTC]

clockworkgr

It's in the bsip!!!

Finally admission 😂

Alex M - clockwork19:44:58 - 15 Oct 2018 [UTC]

What are you on about?

nutela19:45:00 - 15 Oct 2018 [UTC]

clockworkgr

Did you actually read it?

I actually did yes and it was frustrating as hell

Alex M - clockwork19:45:15 - 15 Oct 2018 [UTC]

It's been mentioned since the beginning

nutela19:45:21 - 15 Oct 2018 [UTC]

clockworkgr

What are you on about?

Don’t worry, it’s just that somewhere it didn;t make sense

nutela19:45:35 - 15 Oct 2018 [UTC]

clockworkgr

It's been mentioned since the beginning

In the BSIP42 you mean?

Alex M - clockwork19:45:54 - 15 Oct 2018 [UTC]

yes

Alex M - clockwork19:45:59 - 15 Oct 2018 [UTC]

and in forums

Alex M - clockwork19:46:33 - 15 Oct 2018 [UTC]

it literally says: We need to adjust MCR and MSSR to tighten the peg, a bug stops us from adjusting MCR s owe're gonmna adjust pricefeed instead

nutela19:46:35 - 15 Oct 2018 [UTC]

I wish I went to b bitFest 😂

Abit More19:46:51 - 15 Oct 2018 [UTC]

@clockworkgr let him read bitusd mechanisms first

nutela19:47:00 - 15 Oct 2018 [UTC]

clockworkgr

it literally says: We need to adjust MCR and MSSR to tighten the peg, a bug stops us from adjusting MCR s owe're gonmna adjust pricefeed instead

Why not fix the bug?

Abit More19:47:01 - 15 Oct 2018 [UTC]

The steem post above

JonnyB19:47:12 - 15 Oct 2018 [UTC]

nut3l4

I wish I went to b bitFest 😂

Me to

nutela19:47:13 - 15 Oct 2018 [UTC]

abitmore

@clockworkgr let him read bitusd mechanisms first

I will

Alex M - clockwork19:47:16 - 15 Oct 2018 [UTC]

nut3l4

Why not fix the bug?

consensus changing...will take a few months

Alex M - clockwork19:47:25 - 15 Oct 2018 [UTC]

if im not mistaken anyway

Abit More19:47:38 - 15 Oct 2018 [UTC]

If didn't know the mechanism we can't discuss

Alex M - clockwork19:47:56 - 15 Oct 2018 [UTC]

not months to fix...but consensus changing releases are 6 months apart fixed schedule

Alex M - clockwork19:48:05 - 15 Oct 2018 [UTC]

and go through rigorous testing

Abit More19:48:06 - 15 Oct 2018 [UTC]

That's why the bsip doc doesn't make sense for him

Alex M - clockwork19:48:20 - 15 Oct 2018 [UTC]

we cant just fix and push to production

nutela19:48:20 - 15 Oct 2018 [UTC]

abitmore

If didn't know the mechanism we can't discuss

I thought I knew but it seems there’s more to it..

Abit More19:48:41 - 15 Oct 2018 [UTC]

The bsip42 doc is not for new comers

Abit More19:48:49 - 15 Oct 2018 [UTC]

It's deep

Alex M - clockwork19:48:50 - 15 Oct 2018 [UTC]

which is why the bitshares chain is so stable

nutela19:48:54 - 15 Oct 2018 [UTC]

abitmore

That's why the bsip doc doesn't make sense for him

The doc is not well written and MCR and MSSR is not defined.

Abit More19:49:00 - 15 Oct 2018 [UTC]

Even some admins here doesn't understand

Alex M - clockwork19:49:15 - 15 Oct 2018 [UTC]

nut3l4

The doc is not well written and MCR and MSSR is not defined.

to be fair...its targeted at people that know what the yare

nutela19:49:20 - 15 Oct 2018 [UTC]

abitmore

Even some admins here don't understand

Thanks, at leat something 😂

R19:49:26 - 15 Oct 2018 [UTC]

abitmore

It's deep

Deeply flawed? ;D lol

nutela19:49:33 - 15 Oct 2018 [UTC]

clockworkgr

to be fair...its targeted at people that know what the yare

Ok but we can all vote no?

Abit More19:49:35 - 15 Oct 2018 [UTC]

Like this one

nutela19:49:55 - 15 Oct 2018 [UTC]

So I mean if we can vote then write good docs if you want $$ for WP

Alex M - clockwork19:49:59 - 15 Oct 2018 [UTC]

nut3l4

Ok but we can all vote no?

yes...so you either take the time to study up

nutela19:50:01 - 15 Oct 2018 [UTC]

Isn’t that fair?

Alex M - clockwork19:50:03 - 15 Oct 2018 [UTC]

or use a proxy

Abit More19:50:11 - 15 Oct 2018 [UTC]

cmmob

Deeply flawed? ;D lol

Like this one. A admin who doesn't understand

nutela19:50:24 - 15 Oct 2018 [UTC]

clockworkgr

yes...so you either take the time to study up

Haha and who’s going to study if there’s vague ROI>

Abit More19:50:37 - 15 Oct 2018 [UTC]

Thom is on a higher level now

R19:50:39 - 15 Oct 2018 [UTC]

abitmore

Like this one. A admin who doesn't understand

I voted against the proposal, no need to explain further for me 👌

nutela19:50:41 - 15 Oct 2018 [UTC]

Maybe it’s just a BS BSIP or maybe it’s golden… who kows?

Alex M - clockwork19:50:51 - 15 Oct 2018 [UTC]

nut3l4

Haha and who’s going to study if there’s vague ROI?

someone who cares?

Alex M - clockwork19:50:55 - 15 Oct 2018 [UTC]

I did

nutela19:51:05 - 15 Oct 2018 [UTC]

God dammit, don’t tell me I don’t care 😂

Alex M - clockwork19:51:16 - 15 Oct 2018 [UTC]

and I'm not even feeding BSIP42 on bitUSD

nutela19:51:24 - 15 Oct 2018 [UTC]

Why should waste all of your time?

Alex M - clockwork19:51:33 - 15 Oct 2018 [UTC]

i hate you for making me support it :P

Abit More19:51:43 - 15 Oct 2018 [UTC]

cmmob

I voted against the proposal, no need to explain further for me 👌

Vote against for what

Abit More19:52:06 - 15 Oct 2018 [UTC]

just for against?

R19:52:19 - 15 Oct 2018 [UTC]

abitmore

Vote against for what

Bsip 42, there was a 'yes' and 'no' wp, right? Aye

Abit More19:52:25 - 15 Oct 2018 [UTC]

Or for not understood

Abit More19:52:39 - 15 Oct 2018 [UTC]

Or for different opinions

Alex M - clockwork19:52:41 - 15 Oct 2018 [UTC]

to be fair...it was a stupid BSIP in the first place

Abit More19:52:57 - 15 Oct 2018 [UTC]

If for different opinions, where are the arguments

Alex M - clockwork19:53:23 - 15 Oct 2018 [UTC]

chain rules already allowed witnesses to feed what they think is appropriate (for mcr,mssr and fair price)

nutela19:53:29 - 15 Oct 2018 [UTC]

clockworkgr

to be fair...it was a stupid BSIP in the first place

Oh now you are talking 😂

Alex M - clockwork19:53:32 - 15 Oct 2018 [UTC]

and up to stakeholders to vote them in or out

Alex M - clockwork19:53:42 - 15 Oct 2018 [UTC]

nut3l4

Oh now you are talking 😂

not the content

Alex M - clockwork19:53:48 - 15 Oct 2018 [UTC]

the fact it became a bsip

Alex M - clockwork19:54:05 - 15 Oct 2018 [UTC]

witnesses did not need "permission" for it

nutela19:54:21 - 15 Oct 2018 [UTC]

There’s something stinky and it’s not me

Alex M - clockwork19:54:31 - 15 Oct 2018 [UTC]

if anything, it put them in a difficult spot

Abit More19:55:10 - 15 Oct 2018 [UTC]

Some witnesses started experiment on mssr change then got voted out

Abit More19:55:18 - 15 Oct 2018 [UTC]

Before the bsip

nutela19:55:23 - 15 Oct 2018 [UTC]

Look either BSIP42 is worth it and you write a decent proposal for it, define acronyms and what not or whoever wrote it…

Alex M - clockwork19:55:23 - 15 Oct 2018 [UTC]

abitmore

Some witnesses started experiment on mssr change then got voted out

good point

Abit More19:55:35 - 15 Oct 2018 [UTC]

That's why there is a bsip

Alex M - clockwork19:55:40 - 15 Oct 2018 [UTC]

more of a discussion point than a bsip though

Abit More19:55:46 - 15 Oct 2018 [UTC]

Witnesses don't want to take risks

Abit More19:55:54 - 15 Oct 2018 [UTC]

Some

Alex M - clockwork19:56:05 - 15 Oct 2018 [UTC]

i think it was mostly unexpected at teh time

Abit More19:56:10 - 15 Oct 2018 [UTC]

Some just want to execute what's consensus

nutela19:57:28 - 15 Oct 2018 [UTC]

Anyway, I’m more worried there’s no fiat gateway for the DEX?

Abit More19:58:04 - 15 Oct 2018 [UTC]

You're Chinese?

nutela19:58:22 - 15 Oct 2018 [UTC]

Me? No

Abit More19:58:28 - 15 Oct 2018 [UTC]

then no

Abit More19:58:43 - 15 Oct 2018 [UTC]

There are Bitcny gateways

nutela19:59:06 - 15 Oct 2018 [UTC]

Oh ok, thanks

Alex M - clockwork19:59:27 - 15 Oct 2018 [UTC]

lykke too for bts

Abit More19:59:33 - 15 Oct 2018 [UTC]

There was a USD gateway iirc

Alex M - clockwork19:59:35 - 15 Oct 2018 [UTC]

not direct bitUSD one though yet

Abit More19:59:47 - 15 Oct 2018 [UTC]

Easydex?

Abit More20:00:00 - 15 Oct 2018 [UTC]

Hacked.

Alex M - clockwork20:00:28 - 15 Oct 2018 [UTC]

think they 're sorted out now

Alex M - clockwork20:00:35 - 15 Oct 2018 [UTC]

plannign a fewthings from what i saw

nutela20:01:09 - 15 Oct 2018 [UTC]

abitmore

There was a USD gateway iirc

I don’t see any USD listed https://coinmarketcap.com/currencies/bitshares/#markets

nutela20:01:56 - 15 Oct 2018 [UTC]

I hope PalmPay will be our OTC gateway, buy BTS or bitUSD in every PamPay store!

Abit More20:02:43 - 15 Oct 2018 [UTC]

nut3l4

Ok but we can all vote no?

We can all vote. But Why vote at all?

nutela20:03:08 - 15 Oct 2018 [UTC]

abitmore

We can all vote. But Why vote at all?

Because BitShares is the only stablecoin bank I trust

nutela20:03:24 - 15 Oct 2018 [UTC]

Eventhough it’s marketcap is laughable

nutela20:03:38 - 15 Oct 2018 [UTC]

I don’t see CEX for fiat https://coinmarketcap.com/currencies/bitcny/#markets

Abit More20:03:53 - 15 Oct 2018 [UTC]

nut3l4

I don’t see any USD listed https://coinmarketcap.com/currencies/bitshares/#markets

Gateways aren't on that page. Those are exchanges or trading pairs

nutela20:04:20 - 15 Oct 2018 [UTC]

Exchange for fiat I cannot see them

nutela20:04:38 - 15 Oct 2018 [UTC]

It looks like I can’t buy any bitAssets for fiat

Abit More20:04:45 - 15 Oct 2018 [UTC]

There's officially no CNY Fiat pairs

Abit More20:04:57 - 15 Oct 2018 [UTC]

Officially

Abit More20:05:22 - 15 Oct 2018 [UTC]

It's against Chinese gov policy

nutela20:06:26 - 15 Oct 2018 [UTC]

So what about PalmPay Abit?

Abit More20:06:30 - 15 Oct 2018 [UTC]

But you know, people who want to trade will find way to trade

nutela20:06:34 - 15 Oct 2018 [UTC]

We could trade OTC

nutela20:09:13 - 15 Oct 2018 [UTC]

Via shops… PalmPay… or BitSpark?

Slavi La Libertad20:14:02 - 15 Oct 2018 [UTC]

nut3l4

Via shops… PalmPay… or BitSpark?

People can buy one pound of carrots with 10000 CNY and get 10000 bitCNY as a bonus from merchant. ;)

nutela20:18:19 - 15 Oct 2018 [UTC]

memset

People can buy one pound of carrots with 10000 CNY and get 10000 bitCNY as a bonus from merchant. ;)

Free carrots yay!

Alex M - clockwork20:20:48 - 15 Oct 2018 [UTC]

nut3l4

Free carrots yay!

nah...carrots are paid by the premium :P

fav20:23:23 - 15 Oct 2018 [UTC]

the fuck is happening here. one day half afk and we suddenly talk about carrots instead of gin tonic?

Alex M - clockwork20:24:18 - 15 Oct 2018 [UTC]

it's "carrots"

fav20:24:28 - 15 Oct 2018 [UTC]

so we talk dildos

fav20:24:31 - 15 Oct 2018 [UTC]

alright

fav20:26:05 - 15 Oct 2018 [UTC]

taco's typing for like 5mins already. this better be an essay about his fleshlight

Taconator20:29:44 - 15 Oct 2018 [UTC]

favdesu

taco's typing for like 5mins already. this better be an essay about his fleshlight

😂😝

Alex M - clockwork20:30:13 - 15 Oct 2018 [UTC]

Taconator

😂😝

seriously?

funkit20:35:07 - 15 Oct 2018 [UTC]

I heard taco and fleshlight and the internet pointed me here.

fav20:40:51 - 15 Oct 2018 [UTC]

Spicy

nutela20:59:01 - 15 Oct 2018 [UTC]

clockworkgr

nah...carrots are paid by the premium :P

No only you got a bad deal

nutela20:59:59 - 15 Oct 2018 [UTC]

favdesu

Fav looking at DEX… mini fav dissapointed… again

Taconator21:02:43 - 15 Oct 2018 [UTC]

funkit

😬 Oh that is just wrong on so many levels

funkit21:03:44 - 15 Oct 2018 [UTC]

😂

funkit21:03:50 - 15 Oct 2018 [UTC]

Yup

Thom verbaltech221:04:01 - 15 Oct 2018 [UTC]

abitmore

Thom is on a higher level now

I am? What did I do (or not do) to achieve that? Higher or lower better or worse) ?

Abit More21:42:53 - 15 Oct 2018 [UTC]

you've understood the situation better

Abit More21:43:16 - 15 Oct 2018 [UTC]

afaict

Taconator21:43:28 - 15 Oct 2018 [UTC]

Charyury

True. But how to handle when utilization increases "enough"? It is a somewhat unfair question on my part because that could occur with regular operations, too

ades tna21:54:38 - 15 Oct 2018 [UTC]

#1: TRANSFER From ades1981 To openledger-dex Quantity 102.95718 open.EOSDAC Memo / Message Unlock your wallet/account in order to see this memo Fee 0.11211 BTS......

ades tna21:54:41 - 15 Oct 2018 [UTC]

I always doubt the openledger work system in our money transactions

ades tna22:05:37 - 15 Oct 2018 [UTC]

this is a small amount, what if we send it in large quantities without succeeding to our destination, maximize the system to send money to other people, if not smooth transactions, do not allow transactions on the market

Thom verbaltech222:07:04 - 15 Oct 2018 [UTC]

abitmore

afaict

Yup, asayct

Deon Osei22:14:41 - 15 Oct 2018 [UTC]

hello

JonnyB22:22:32 - 15 Oct 2018 [UTC]

Xeroc and bitcrab. Bow to our central bankers and repent.

Hon.John Des22:29:03 - 15 Oct 2018 [UTC]

Inbox me to earn from a real and paying platform

George (Bitspark)22:50:12 - 15 Oct 2018 [UTC]

kenCode

George at Spark explains things really well, he's a great speaker

Thanks Ken 😎👍

JonnyB23:18:34 - 15 Oct 2018 [UTC]

If price feeds are not good for us our master will adjust

Natalie Brooks23:28:30 - 15 Oct 2018 [UTC]

I invested my Btc in a platform, I got 7% token reward

Deon Osei23:32:22 - 15 Oct 2018 [UTC]

ohk nice

Jonathan Bahai00:04:38 - 16 Oct 2018 [UTC]

"There’s Significant Unmitigated Risk in Fiat-Backed Tokens, and No One Seems to Care" https://www.ccn.com/op-ed-stablecoins-and-bank-failure-the-unmitigated-risk-of-fiat-backed-tokens/

Jonathan Bahai00:05:46 - 16 Oct 2018 [UTC]

There is mention at the end regarding decentralizedd tokens.. but other than that its all about the whole tether models that are springing up like weeds everywhere

Darius Young02:11:59 - 16 Oct 2018 [UTC]

JBahai

There is mention at the end regarding decentralizedd tokens.. but other than that its all about the whole tether models that are springing up like weeds everywhere

Not to mention don't use TrueUSD.

Thom verbaltech202:33:17 - 16 Oct 2018 [UTC]

JBahai

"There’s Significant Unmitigated Risk in Fiat-Backed Tokens, and No One Seems to Care" https://www.ccn.com/op-ed-stablecoins-and-bank-failure-the-unmitigated-risk-of-fiat-backed-tokens/

"...one thing is becoming clear – holding enormous sums of capital as collateral for a fiat-backed stablecoin project is risky business.

Thom verbaltech202:38:48 - 16 Oct 2018 [UTC]

JBahai

"There’s Significant Unmitigated Risk in Fiat-Backed Tokens, and No One Seems to Care" https://www.ccn.com/op-ed-stablecoins-and-bank-failure-the-unmitigated-risk-of-fiat-backed-tokens/

"...one thing is becoming clear – holding enormous sums of capital as collateral for a fiat-backed stablecoin project is risky business." Not nearly as risky when the collateral is held by the blockchain as opposed to the ridiculous `numerous bank accounts` suggested in the article.

nutela04:01:17 - 16 Oct 2018 [UTC]

ThomasFreedman

That said I was wondering if we could do it ourselves like Bisq does? The fiat part I mean...

=0 bst05:02:12 - 16 Oct 2018 [UTC]

@bitcrab

Slavi La Libertad05:10:42 - 16 Oct 2018 [UTC]

https://robohash.org/clockwork not a bad idea for Bitshares accounts avatars.

Alex M - clockwork05:27:49 - 16 Oct 2018 [UTC]

Where do you think abit's is from? :)

Alex M - clockwork05:28:09 - 16 Oct 2018 [UTC]

On github

Alex M - clockwork05:29:09 - 16 Oct 2018 [UTC]

The old one anyway

Alex M - clockwork05:29:15 - 16 Oct 2018 [UTC]

Seems to have changed it

Alex M - clockwork05:29:25 - 16 Oct 2018 [UTC]

I think sigve still uses one

Alex M - clockwork05:30:30 - 16 Oct 2018 [UTC]

Cryptokitty images/characteristics are hash based too :P

Slavi La Libertad05:39:30 - 16 Oct 2018 [UTC]

I'm a slowpoke. 😄

Fabian Schuh05:40:17 - 16 Oct 2018 [UTC]

memset

https://robohash.org/clockwork not a bad idea for Bitshares accounts avatars.

We used those in bitshares1, back in the old days :)

Slavi La Libertad05:40:48 - 16 Oct 2018 [UTC]

Lol.

=0 bst05:56:32 - 16 Oct 2018 [UTC]

some administrators regard themselves as emperors, pitiful.

fav05:57:13 - 16 Oct 2018 [UTC]

Fuck the Admins

Yury Cherniawsky (OpenLedger)05:58:13 - 16 Oct 2018 [UTC]

Taconator

True. But how to handle when utilization increases "enough"? It is a somewhat unfair question on my part because that could occur with regular operations, too

Keep an eye and Adjust fee schedule to prevent spam

Braeden Patterson06:02:59 - 16 Oct 2018 [UTC]

JBahai

There is mention at the end regarding decentralizedd tokens.. but other than that its all about the whole tether models that are springing up like weeds everywhere

there are lots of stablecoin in the market, such as usdc, usdt, and tusd

Braeden Patterson06:33:24 - 16 Oct 2018 [UTC]

i might be wrong but I've seen 99% off the trading fees on TUSD trading pairs (BTC/TUSD, ETH/TUSD and USDT/TUSD)

funkit06:39:32 - 16 Oct 2018 [UTC]

=0 bst

some administrators regard themselves as emperors, pitiful.

Then I think you should name them and we could discuss it in openness.

Alex M - clockwork06:40:34 - 16 Oct 2018 [UTC]

favdesu

Fuck the Admins

yes

funkit06:41:25 - 16 Oct 2018 [UTC]

Velly baad admin.

Braeden Patterson06:44:51 - 16 Oct 2018 [UTC]

funkit

Then I think you should name them and we could discuss it in openness.

some sort of open forum?

funkit06:49:08 - 16 Oct 2018 [UTC]

Why not? I read lies and slander spread about me in the "official" channel yesterday.

Braeden Patterson06:53:54 - 16 Oct 2018 [UTC]

funkit

Why not? I read lies and slander spread about me in the "official" channel yesterday.

that's actually good

funkit07:08:10 - 16 Oct 2018 [UTC]

https://t.me/PhantomCore/6603

Dalitso Chimfwembe07:42:13 - 16 Oct 2018 [UTC]

Hello people i need some help... i was able to setup my bitshares private test net and successfully run the cli_wallet but when i tried to run the web ui the app compiles in success connects to my witness node but has an "Application Initialization Error"

Dalitso Chimfwembe07:42:52 - 16 Oct 2018 [UTC]

Dalitso Chimfwembe

how do i work arround this issue????

DocMark08:58:13 - 16 Oct 2018 [UTC]

https://t.me/pivot541996

Stefan09:00:44 - 16 Oct 2018 [UTC]

Dalitso Chimfwembe

Please compile all information possible and open an issue on github https://github.com/bitshares/bitshares-ui

Dalitso Chimfwembe09:04:30 - 16 Oct 2018 [UTC]

sschiessl

Please compile all information possible and open an issue on github https://github.com/bitshares/bitshares-ui

There is a similar issue on GIT that hasnt been resolved as well

Stefan09:06:08 - 16 Oct 2018 [UTC]

Dalitso Chimfwembe

There is a similar issue on GIT that hasnt been resolved as well

Please add your additional information in there as well. It will be picked up, the more noise the merrier

Dalitso Chimfwembe09:10:36 - 16 Oct 2018 [UTC]

sschiessl

Please add your additional information in there as well. It will be picked up, the more noise the merrier

But do have any idea what could be causing this error maybe i could go through the configurations and try assist on the issue on git once i have it fixed..from the look of things the setup instruction in the documentation seems to slightly differ with the one 'dl' directory which is missing from the current git repository.

Yankuo09:23:25 - 16 Oct 2018 [UTC]

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Abit More09:23:34 - 16 Oct 2018 [UTC]

Dalitso Chimfwembe

You clearly describe your situation, more help will come to you

Abit More09:24:14 - 16 Oct 2018 [UTC]

Steps, Error logs, screenshots and etc

devkit S09:25:51 - 16 Oct 2018 [UTC]

hello，is there a chinese group？

Abit More09:26:59 - 16 Oct 2018 [UTC]

ThomasFreedman

They said "Fiat backed coins". Our word/term for them are IOU, or UIA.

Abit More09:27:17 - 16 Oct 2018 [UTC]

devkit

hello，is there a chinese group？

For what?

Abit More09:27:56 - 16 Oct 2018 [UTC]

I know the are some dead/quiet groups

Abit More09:29:30 - 16 Oct 2018 [UTC]

devkit

hello，is there a chinese group？

@magic_wallet this one, at least there is no spam

devkit S09:29:53 - 16 Oct 2018 [UTC]

haha。 thx

devkit S09:30:17 - 16 Oct 2018 [UTC]

i am not good at English

Abit More09:36:51 - 16 Oct 2018 [UTC]

But nobody chats there. If you ask questions you'll get responses after a while

Abit More09:37:25 - 16 Oct 2018 [UTC]

I guess there are more people in WeChat or qq groups

Gabriel09:53:32 - 16 Oct 2018 [UTC]

okie dokie

Gabriel09:54:51 - 16 Oct 2018 [UTC]

so yeah I asked the guy in the telegram channel , why did he structured the fees the way they are ...as it makes no sense

Stefan09:55:15 - 16 Oct 2018 [UTC]

Anyone in here familiar with how the EOS governance entity ECAF came to life?

Gabriel09:55:15 - 16 Oct 2018 [UTC]

of course , no answer

Dima BLCKCHND09:55:46 - 16 Oct 2018 [UTC]

sschiessl

Anyone in here familiar with how the EOS governance entity ECAF came to life?

Coxstory

Stefan09:55:58 - 16 Oct 2018 [UTC]

They have created a business model on arbitration, very nice 😡

Stefan09:56:26 - 16 Oct 2018 [UTC]

blockchained

Coxstory

I suppose that means centrally forced?

Gabriel09:56:36 - 16 Oct 2018 [UTC]

blockchained

Coxstory

Dima BLCKCHND09:56:45 - 16 Oct 2018 [UTC]

Created by Cox

Gabriel09:57:04 - 16 Oct 2018 [UTC]

yeah ,thats what I thought ...

は

はるか09:57:19 - 16 Oct 2018 [UTC]

What's Cox?

Joe, Son of Bob, Uncle to Tom09:57:21 - 16 Oct 2018 [UTC]

sschiessl

Anyone in here familiar with how the EOS governance entity ECAF came to life?

https://eoscorearbitration.io

Gabriel09:58:11 - 16 Oct 2018 [UTC]

so should I suggest in the EOS BP channel that all the top 21 Bp.s should be required to assist the ppl who lost their private keys due to a faulty MRW wallet ?

Dima BLCKCHND09:58:59 - 16 Oct 2018 [UTC]

harukaff_bot

What's Cox?

"expert" in onchain governess, but don't know where and through what he earned this title

Stefan09:59:43 - 16 Oct 2018 [UTC]

Don_Gabriel

so should I suggest in the EOS BP channel that all the top 21 Bp.s should be required to assist the ppl who lost their private keys due to a faulty MeW wallet ?

Was it their or MeW fault? I'm afraid they won't lift a finger there

Dima BLCKCHND10:00:42 - 16 Oct 2018 [UTC]

BP is elected by community Who elected ECAF arbitrators?

Dima BLCKCHND10:00:42 - 16 Oct 2018 [UTC]

so we have: elected entities VS gatekeepers? for the moment

Dima BLCKCHND10:00:42 - 16 Oct 2018 [UTC]

BPs were a group pre-chain who worked to bring it forward. BPs were selected by themselves. They selected an ABP by random process. The ABP appointed 21 interim BPs. The 21 BPs were voted in and out by community. Chain was not declared live until 15% voting. ECAF was set up by people working to bring governance forward. Interim Arbitrators were selected by ECAF people. The Arbitrators are to be voted on when we get referendum, according to RDR. Waiting, waiting... Luckily for the BPs, on-chain voting was built in. Unluckily for everyone else, their referenda is still a wip.

Dima BLCKCHND10:00:43 - 16 Oct 2018 [UTC]

for the moment, something like that.

Gabriel10:00:43 - 16 Oct 2018 [UTC]

Why am I sayin that ? Because Telos , the "eos" blockchain sister just revealed is possible to register a new account from the original snapshot by signing a message with the private key from inside the MEW wallet ..that showing ownership of the tokens

Gabriel10:02:44 - 16 Oct 2018 [UTC]

sschiessl

Was it their or MeW fault? I'm afraid they won't lift a finger there

ouch ..that sounds like a good class action lawsuit ...heheheh

Gabriel10:04:44 - 16 Oct 2018 [UTC]

if the 21 BPs are voted in and out then they , the 21 active , should lend support for the NON compromised Lost Private Kyes ....arbitrtions can go as ussual to Ecaf ...the lost keys are one time issue

Gabriel10:10:09 - 16 Oct 2018 [UTC]

blockchained

that sounds like a cluster fuck , honestly ...I see collusion

Dima BLCKCHND10:11:54 - 16 Oct 2018 [UTC]

Don_Gabriel

that sounds like a cluster fuck , honestly ...I see collusion

This is Jan Grig, so he knows what he is talking about

Kapil10:12:39 - 16 Oct 2018 [UTC]

How can I get openledger new registration UI in bitshares?

Kapil10:12:58 - 16 Oct 2018 [UTC]

Or is it available opensource

Kapil10:13:02 - 16 Oct 2018 [UTC]

Gabriel10:14:34 - 16 Oct 2018 [UTC]

blockchained

This is Jan Grig, so he knows what he is talking about

geee . so they charge by the ... "direction of winf " ?

Kapil10:14:48 - 16 Oct 2018 [UTC]

I tried to find on github but didn't found

Gabriel10:15:50 - 16 Oct 2018 [UTC]

Telos just proved thee is an automatiq way to re-issue keys and get new wallets ...all the BP.s hav e to do is to transfer those coins to the new wallet

R10:24:06 - 16 Oct 2018 [UTC]

Don_Gabriel

Telos just proved there is an automatiq way to re-issue keys and get new wallets ...all the BP.s hav e to do is to transfer those coins to the new wallet

Cool, how's that beneficial to bts?

R10:24:50 - 16 Oct 2018 [UTC]

Kapil

How can I get openledger new registration UI in bitshares?

That's not open source, only the reference client is fully open source, Web wallets are free to customise and close source their interfaces

Alex M - clockwork10:27:45 - 16 Oct 2018 [UTC]

Don_Gabriel

that sounds like a cluster fuck , honestly ...I see collusion

No shit

Gabriel10:31:51 - 16 Oct 2018 [UTC]

cmmob

Cool, how's that beneficial to bts?

that was an in the context of the discution I was having with Steffan

R10:41:01 - 16 Oct 2018 [UTC]

xeroc

We used those in bitshares1, back in the old days :)

It'd be cool if we could switch between avatar styles, I miss the robots (my avatar too)

Stefan10:51:17 - 16 Oct 2018 [UTC]

Kapil

How can I get openledger new registration UI in bitshares?

OpenLedger has started to contribute, and the sign-up UX is one of the first things that will get merged

Kapil11:08:09 - 16 Oct 2018 [UTC]

sschiessl

OpenLedger has started to contribute to reference UI, and the sign-up UX is one of the first things that will get merged

Yeah, and it's really good

Kapil11:08:38 - 16 Oct 2018 [UTC]

Can we get that with BTS UI

Kapil11:08:40 - 16 Oct 2018 [UTC]

Abit More11:10:33 - 16 Oct 2018 [UTC]

Don_Gabriel

so yeah I asked the guy in the telegram channel , why did he structured the fees the way they are ...as it makes no sense

What's it?

Alex M - clockwork11:12:48 - 16 Oct 2018 [UTC]

Kapil

Can we get that with BTS UI

thats what he just said :) it's being merged to reference UI

Kapil11:16:55 - 16 Oct 2018 [UTC]

元

元永11:28:46 - 16 Oct 2018 [UTC]

About Bliss Bank I looked into it. ·Date of establishment May 21, 2018 I'm going to raise funds and apply for a license, It is not a bank, but a bank that has already been established! A bank that incorporates cutting-edge technology🏦 I couldn't think of a bank like this before. But that's what's happening! Japan is still far behind, but there are some things in the world that are done as a matter of course... This is the first bank in the world that can transfer money in cryptocurrency. It is also possible to make a higher annual dividend ✨ ·We have already paid £15 million (about ¥2.2 billion) in capital. Location: Comoro Islands This is the Comoro Islands. We are a non-CRS member state, which is our most earnest wish. What would you like to be non-CRS? → You can protect your privacy by not grasping your assets. Founder Hans Count von der Recke In the financial industry, he will become a global leader. So if you look at your background on Linkedin, you'll see. I'm sure I'm from finance. ▁ https://jp.linkedin.com/in/hans-graf-von-der-recke-931a1b24 I also work for Sanwa Bank, the predecessor of Mitsubishi UFJ Bank in Japan. ·SWIFT BIC 　US>LSISKMK1 Bliss Bank, of course, has acquired SWIFT code. *Download SWIFT official site CODE search screen www.dell.com It is an international bank recognized by the Interbank Communications Association. And finally, Bliss Bank has a little bit of a history. You can only have an account by holding an xGT (cross-gate token). I can't imagine how this will generate a profit for those who are participating for a limited time, and the rightful income to continue. Bank sales are tens of billions of dollars a month! If you are interested, please contact us at once! Gram https://t.me/joinchat/Iq_Gwg8proP50vh_lW7ncw

Rostislav Sarana12:01:03 - 16 Oct 2018 [UTC]

How to withdraw DCT from the exchange

Abit More12:08:22 - 16 Oct 2018 [UTC]

click `withdraw`

Abit More12:08:22 - 16 Oct 2018 [UTC]

what exchange?

i#12:36:22 - 16 Oct 2018 [UTC]

"BitUSD is the equivalent of the old bank notes that promised to pay $1 worth of value on demand. In the case of the old bank notes, this value was denominated in gold or silver. In the case of the BitShares this value is $1 worth of equity, aka BTS. BitShares can almost always make good on this promise because when someone comes to redeem a note and is unable to sell it on the market directly the value of the BitUSD in terms of BTS will rise until the decentralized bank has the authority to call a loan and use the collateral to repurchase the BitUSD."

Alex M - clockwork12:36:29 - 16 Oct 2018 [UTC]

FYI: https://bitsharestalk.org/index.php?topic=27272

i#12:36:32 - 16 Oct 2018 [UTC]

http://bytemaster.github.io/article/2014/12/20/BitShares-as-a-Bank/

i#12:36:42 - 16 Oct 2018 [UTC]

Not the case now bitUSD < USD Stop messing with feeds and just add more BTS to your collateral and trade on the DEX

Alex M - clockwork12:38:46 - 16 Oct 2018 [UTC]

FYI : https://bitsharestalk.org/index.php?topic=27272

Stefan12:42:21 - 16 Oct 2018 [UTC]

clockworkgr

FYI : https://bitsharestalk.org/index.php?topic=27272

+1 +1

gal assael13:12:58 - 16 Oct 2018 [UTC]

gal assael: learn how to work online ,from 0 to 5000$ per month! (All free) https://2a9cfebiedu6ubdgi5njqjrqf8.hop.clickbank.net

gal assael13:13:17 - 16 Oct 2018 [UTC]

gal assael: learn how to work online ,from 0 to 5000$ per month! (All free) msg me for more info

gal assael13:13:28 - 16 Oct 2018 [UTC]

https://2a9cfebiedu6ubdgi5njqjrqf8.hop.clickbank.net

gal assael13:13:41 - 16 Oct 2018 [UTC]

sschiessl

+1 +1

gal assael: learn how to work online ,from 0 to 5000$ per month! (All free) https://2a9cfebiedu6ubdgi5njqjrqf8.hop.clickbank.net

gal assael13:14:22 - 16 Oct 2018 [UTC]

sschiessl

+1 +1

https:// 2a9cfebiedu6ubdgi5njqjrqf8.hop.clickbank .net

gal assael13:14:35 - 16 Oct 2018 [UTC]

gal assael: learn how to work online ,from 0 to 5000$ per month! (All free)

Abit More13:31:58 - 16 Oct 2018 [UTC]

ihashfury

This is exactly what bsip42 is doing

Abit More13:33:23 - 16 Oct 2018 [UTC]

When bitusd is at premium, required collateral ratio will increase then cause a call on least collateralized positions

Abit More13:34:28 - 16 Oct 2018 [UTC]

BM did have some foresight

Abit More13:35:25 - 16 Oct 2018 [UTC]

But wtf

Abit More13:36:04 - 16 Oct 2018 [UTC]

I wrote wrongly. Corrected

nutela14:04:35 - 16 Oct 2018 [UTC]

So Dan did actually propose a better bitUSD aka 2.0, is there like code or a good writing on why it should be better?

Kevin14:24:16 - 16 Oct 2018 [UTC]

clockworkgr

FYI : https://bitsharestalk.org/index.php?topic=27272

voted

Alex M - clockwork14:24:25 - 16 Oct 2018 [UTC]

Kimchiking

voted

❤️

Stefan14:26:33 - 16 Oct 2018 [UTC]

clockworkgr

FYI : https://bitsharestalk.org/index.php?topic=27272

Also voted ❤️

Elias14:27:02 - 16 Oct 2018 [UTC]

clockworkgr

FYI : https://bitsharestalk.org/index.php?topic=27272

great initiative! i love it!

John Jones14:30:02 - 16 Oct 2018 [UTC]

clockworkgr

FYI : https://bitsharestalk.org/index.php?topic=27272

✅

Joe, Son of Bob, Uncle to Tom14:48:40 - 16 Oct 2018 [UTC]

clockworkgr

FYI : https://bitsharestalk.org/index.php?topic=27272

✅

Alex M - clockwork14:49:53 - 16 Oct 2018 [UTC]

https://steemit.com/bitshares/@jademont/another-exchange-is-about-to-support-bitcny-as-base-currency

Fabian Schuh14:51:55 - 16 Oct 2018 [UTC]

clockworkgr

https://steemit.com/bitshares/@jademont/another-exchange-is-about-to-support-bitcny-as-base-currency

🎉🎉

Alex M - clockwork14:52:21 - 16 Oct 2018 [UTC]

not sure why jademont is being flagged on steem...weird

Fabian Schuh14:52:24 - 16 Oct 2018 [UTC]

These Chinese people, no wasting time, full thrust forward :D

funkit15:02:10 - 16 Oct 2018 [UTC]

clockworkgr

not sure why jademont is being flagged on steem...weird

Because he loves steemit (according to himself) ??

螃蟹

螃蟹17:03:25 - 16 Oct 2018 [UTC]

xeroc

These Chinese people, no wasting time, full thrust forward :D

Hello, could you reconsider voting on the open market worker proposal?

螃蟹

螃蟹17:06:13 - 16 Oct 2018 [UTC]

Now the market demand for bitcny bitusd is very urgent, and the too low market value will make BTS miss the opportunity.

Fabian Schuh17:13:09 - 16 Oct 2018 [UTC]

I thought i do ...

George (Bitspark)17:17:25 - 16 Oct 2018 [UTC]

Open market proposal is a slush fund with no accountability, KPIs or real metrics and is mainly just to shore up existing large positions for the same people who run the fund

螃蟹

螃蟹17:21:32 - 16 Oct 2018 [UTC]

CoinTiger exchange's bitcny trading pair has a daily turnover of 1,000 BTC, and today another exchange, azex, also promised to launch bitcny trading pairs. If BTS has higher market value to support bitcny and bitusd, it will have the opportunity to line up more large exchanges

George (Bitspark)17:22:55 - 16 Oct 2018 [UTC]

if bitCNY is in demand there should be a premium which would incentivise the market to make more bitCNY. No fund and free money given to unaccountable people necessary for that

R17:24:17 - 16 Oct 2018 [UTC]

螃蟹

Why not try getting them to add ability to borrow bitcny with bts via their centralised exchange (bts dex op performed in the backend), so that reserve funds aren't needed to supply cex with liquidity?

螃蟹

螃蟹17:27:49 - 16 Oct 2018 [UTC]

As far as I know, there is an organization that controls the price of BTS on several big exchanges in a fake way, to make money by shorting large debt positions, which greatly hurts the BTS community, so I think it is very necessary to restrain short sellers.

螃蟹

螃蟹17:29:38 - 16 Oct 2018 [UTC]

cmmob

Why not try getting them to add the ability to borrow bitcny with bts via their centralised exchange (bts dex op performed in the backend), so that reserve funds aren't needed to supply cex with liquidity?

I'm sorry I didn't get what you meant

Georgy17:32:40 - 16 Oct 2018 [UTC]

螃蟹

where did you get that ?

螃蟹

螃蟹17:35:39 - 16 Oct 2018 [UTC]

icox.xyz

螃蟹

螃蟹17:35:44 - 16 Oct 2018 [UTC]

This is an ICO transaction publishing platform that has just been tested online recently. It is based on BitShares depth optimization and needs bitcny to raise funds.

螃蟹

螃蟹17:37:07 - 16 Oct 2018 [UTC]

ironandcopper

where did you get that ?

亲，CoinTiger是全球领先的国际化交易所，关注CoinTiger，虎妞带你玩转通正经济价值投资圈！欢迎访问CoinTiger官网：【CoinTiger官方网站】 http://www.cointiger.pro或 http://www.cointiger.com 【CoinTiger币虎官方微博】 http://weibo.com/CoinTiger 即刻加入CoinTiger社群：【Telegram 中文】 https://t.me/CoinTiger_cn 【Telegram 英文】 https://t.me/cointiger_en 【APP下载】 https://www.cointiger.com/exchange/app_mobil_download.html 回复“客服”即可添加24小时客服人员回复“APP”即可下载手机客户端

Alex M - clockwork17:52:03 - 16 Oct 2018 [UTC]

螃蟹

This is an ICO transaction publishing platform that has just been tested online recently. It is based on BitShares depth optimization and needs bitcny to raise funds.

nice!

jeevan jot17:56:35 - 16 Oct 2018 [UTC]

Hey guys, Thank you for voting my proposal `1.14.125` , Here is the first progress of it https://steemit.com/utopian-io/@genievot/bitsharesbe-progress-report-implementing-bit-shares-block-api-for-the-first-time-in-quasar-1539711940264, You can vote my project and help to make this proposal on Bitshares a big successor of current Bitshares apps.

jeevan jot17:56:52 - 16 Oct 2018 [UTC]

Benson Walton19:09:14 - 16 Oct 2018 [UTC]

BITCOIN MINING. Earn $1000btc weekly and $5,000btc a monthly without stress plus daily withdrawal to your Bitcoin wallet... No Scam. 100%legit. Comment Info or Inbox me for more info

Benson Walton19:13:00 - 16 Oct 2018 [UTC]

BITCOIN MINING. Earn $1000btc weekly and $5,000btc a monthly without stress plus daily withdrawal to your Bitcoin wallet... No Scam. 100%legit. Comment Info or Inbox me for more info

R19:18:17 - 16 Oct 2018 [UTC]

螃蟹

I'm sorry I didn't get what you meant

Adding just cny is going to lead to a lack of liquidity. If they could buy bts to then borrow cny on that external centralised exchange then you help cut out the lack of liquidity

Taconator20:10:13 - 16 Oct 2018 [UTC]

cmmob

Adding just cny is going to lead to a lack of liquidity. If they could buy bts to then borrow cny on that external centralised exchange then you help cut out the lack of liquidity

Respectfully disagree. Think that better strategy is to keep BTS on DEX and let price rise of bitCNY relative to CNY incentivize BTS holders to short bitCNY and then sell to CEX or ICO platform.

Taconator20:10:46 - 16 Oct 2018 [UTC]

George_Bitspark

if bitCNY is in demand there should be a premium which would incentivise the market to make more bitCNY. No fund and free money given to unaccountable people necessary for that

Concur

Taconator20:13:49 - 16 Oct 2018 [UTC]

螃蟹

Very interesting. Can you elaborate on "shorting large debt positions"? Is the shorting that you mention different than the shorting of bitCNY into existence by using BTS as collateral?

gal assael20:14:10 - 16 Oct 2018 [UTC]

learn how to online work ,from 0 to 5000$ per month! https://2a9cfebiedu6ubdgi5njqjrqf8.hop.clickbank.net/

Johnson Kelvin21:04:29 - 16 Oct 2018 [UTC]

Hello

Abit More21:10:50 - 16 Oct 2018 [UTC]

螃蟹

IMHO the volume there is fake. what's cointiger's BTS account anem? how much bitCNY is in their account? those bitCNY can support 1000BTC daily volume?

=0 bst22:52:16 - 16 Oct 2018 [UTC]

abitmore

IMHO the volume there is fake. what's cointiger's BTS account name? how much bitCNY is in their account? those bitCNY can support 1000BTC daily volume?

200kCN

md bashar rockstar02:00:27 - 17 Oct 2018 [UTC]

https://youtu.be/8ECz1_EpQxc

md bashar rockstar02:00:31 - 17 Oct 2018 [UTC]

Subscribe me

md bashar rockstar02:00:56 - 17 Oct 2018 [UTC]

https://youtu.be/8ECz1_EpQxc

md bashar rockstar02:01:01 - 17 Oct 2018 [UTC]

Subscribe me

Darius Young02:59:00 - 17 Oct 2018 [UTC]

md bashar rockstar

Subscribe me

Subscribe you? where?

Nedu03:33:52 - 17 Oct 2018 [UTC]

Taconator

Respectfully disagree. Think that better strategy is to keep BTS on DEX and let price rise of bitCNY relative to CNY incentivize BTS holders to short bitCNY and then sell to CEX or ICO platform.

What you guys don't get is once a premium is established. Traders view it as a break in peg and bitcny is discredited.

Darius Young04:01:32 - 17 Oct 2018 [UTC]

nedupaul

What you guys don't get is once a premium is established. Traders view it as a break in peg and bitcny is discredited.

What do you mean about that?

Darius Young04:07:28 - 17 Oct 2018 [UTC]

nedupaul

What you guys don't get is once a premium is established. Traders view it as a break in peg and bitcny is discredited.

"Users will enjoy 99% off the trading fees on TUSD trading pairs (BTC/TUSD, ETH/TUSD and USDT/TUSD) from Oct. 15, 22:00 to Oct. 22, 22:00, 2018 (UTC+8)" What are your thought in here? Is that good? For me it's not good they just proved that TUSD has no users that's why they do this.

Mustafa Filiz04:29:27 - 17 Oct 2018 [UTC]

Hi guys I need some help. I have a bitshares wallet on my android phone. Im having trouble withdrawing funds from it to an exchange. Does anyone know why it doesnt work ?

=0 bst04:33:18 - 17 Oct 2018 [UTC]

finnbts

young gay，in fact, only 200k cny

Jamie Fagan04:39:57 - 17 Oct 2018 [UTC]

Is this Crypto Bridge chat group?

Caproni Albert04:40:49 - 17 Oct 2018 [UTC]

Minning bitcoin should be easy with the right platform. Do you want to earn more through bitcoin please send me a message

Zhanna Grigor'yeva04:45:43 - 17 Oct 2018 [UTC]

Stumbled on interesting project whirl. com. Crowdfunding platform, goes to ICO pretty soon. So far not a lot of information, but looks attractive... interesting to see how they will go

Stefan04:53:11 - 17 Oct 2018 [UTC]

Jamie Fagan

Is this Crypto Bridge chat group?

@CryptoBridge

Braeden Patterson05:07:39 - 17 Oct 2018 [UTC]

do we have trading pairs for BTS/TUSD?

pairmike (CSX Community - EOS, Telos, ENU)05:16:42 - 17 Oct 2018 [UTC]

https://whaleshares.io/telos/@csxcommunity/this-might-be-bigger-than-eos-and-it-is-launching-tomorrow-20181017t050557068z-post

Braeden Patterson05:21:42 - 17 Oct 2018 [UTC]

pairmike

https://whaleshares.io/telos/@csxcommunity/this-might-be-bigger-than-eos-and-it-is-launching-tomorrow-20181017t050557068z-post

i find this 99% off the trading fees on TUSD trading pairs (BTC/TUSD, ETH/TUSD and USDT/TUSD) more interesting rather than that

fav05:22:14 - 17 Oct 2018 [UTC]

I think telos is unappealing, to say the least

Braeden Patterson05:22:47 - 17 Oct 2018 [UTC]

favdesu

I think telos is unappealing, to say the least

agreed!

pairmike (CSX Community - EOS, Telos, ENU)06:00:45 - 17 Oct 2018 [UTC]

Why do you guys think Telos is unappealing? Please list your reasons.

Braeden Patterson06:04:42 - 17 Oct 2018 [UTC]

pairmike

Why do you guys think Telos is unappealing? Please list your reasons.

simply because are much better coins than telos

fav06:07:41 - 17 Oct 2018 [UTC]

pairmike

Why do you guys think Telos is unappealing? Please list your reasons.

Because there is a testnet with actual users called eos. Until this thing is stable, it's a total waste to launch another fork with zero, or very little action. Helps no one imo

Ravid06:37:31 - 17 Oct 2018 [UTC]

favdesu

Because there is a testnet with actual users called eos. Until this thing is stable, it's a total waste to launch another fork with zero, or very little action. Helps no one imo

You are right, but on the other hand they are trying to build a "better eos" that fixes the user-unfriendliness of eos. And what better time to capitalize on that you can find than when eos works like shit?

fav07:06:23 - 17 Oct 2018 [UTC]

On boarding is the very least of its problems

Mathew08:19:54 - 17 Oct 2018 [UTC]

There's a chance for someone to steal a march on EOS I reckon and come up with a 'fork' that takes over

Alex M - clockwork08:23:07 - 17 Oct 2018 [UTC]

FYI: https://medium.com/@rchen8/the-macroeconomics-of-stablecoins-5bb7f36afc07

Alex M - clockwork08:23:48 - 17 Oct 2018 [UTC]

same background/concepts that led to BSIP42

Alex M - clockwork08:24:47 - 17 Oct 2018 [UTC]

@ronnyb

Alex M - clockwork08:44:43 - 17 Oct 2018 [UTC]

https://www.bloomberg.com/graphics/2018-payment-systems-china-usa @abitmore @xeroc

Abit More09:03:07 - 17 Oct 2018 [UTC]

pattersonbrad

do we have trading pairs for BTS/TUSD?

why tusd?

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