Bitshares DEX Telegram History

Omar19:55:48 - 25 Nov 2018 [UTC]

Why does it feel like I want to hang myself? 😩

Stefan19:57:10 - 25 Nov 2018 [UTC]

paathi

Why does it feel like I want to hang myself? 😩

Not.funny

Omar19:59:41 - 25 Nov 2018 [UTC]

I have 1.8 million bitshares which I am about to loose. 😩

Omar19:59:50 - 25 Nov 2018 [UTC]

I want to hang myself

Crypto Kong20:00:19 - 25 Nov 2018 [UTC]

paathi

I want to hang myself

if you genuinley feel this way i suggest you speak to someone about it

Crypto Kong20:00:35 - 25 Nov 2018 [UTC]

there is more to life than money, life is far more important

Crypto Kong20:00:57 - 25 Nov 2018 [UTC]

ring a friend and talk to them

Crypto Kong20:03:14 - 25 Nov 2018 [UTC]

i suggest you stop looking at charts also... turn off your computer/ phone and get some fresh air

Crypto Kong20:03:26 - 25 Nov 2018 [UTC]

watching charts will just make you anxious.

Z Rex20:03:38 - 25 Nov 2018 [UTC]

is everyone pretty impressed with how the gs and margin settlements worked ?

Kristin Low20:06:19 - 25 Nov 2018 [UTC]

Cryptokong123

watching charts will just make you anxious.

Very true. The friends we make in these cycles make up for material losses, imho. And when the cycle turns again, those same friends are often the reason you do well next time.

Carbonform Pumpus20:06:38 - 25 Nov 2018 [UTC]

unso_indo_vo

Any news to justify latest massive dump?

lol market cycle dosent care about news

Crypto Kong20:07:09 - 25 Nov 2018 [UTC]

Kristin_Spark

Very true. The friends we make in these cycles make up for material losses, imho. And when the cycle turns again, those same friends are often the reason you do well next time.

👆👆

Winnick jebby20:08:12 - 25 Nov 2018 [UTC]

Am new here please anyone who ready for business should show up

Ammar Yousef20:08:34 - 25 Nov 2018 [UTC]

How can I know the ones who voted for my witness?

Stefan20:09:43 - 25 Nov 2018 [UTC]

AmmarYousef

How can I know the ones who voted for my witness?

Use one of the block explorers, or.write a script.for yourself

Kristin Low20:11:01 - 25 Nov 2018 [UTC]

AmmarYousef

How can I know the ones who voted for my witness?

https://bitsharescan.com

nutela20:12:01 - 25 Nov 2018 [UTC]

Kristin_Spark

Very true. The friends we make in these cycles make up for material losses, imho. And when the cycle turns again, those same friends are often the reason you do well next time.

Amen 🍷

nutela20:12:44 - 25 Nov 2018 [UTC]

Just look at the black friday craziness...

Ammar Yousef20:16:22 - 25 Nov 2018 [UTC]

Kristin_Spark

https://bitsharescan.com

I can see the vote weight but not accounts who voted for me, but many thanks anyway for trying to help

nutela20:18:37 - 25 Nov 2018 [UTC]

AmmarYousef

I can see the vote weight but not accounts who voted for me, but many thanks anyway for trying to help

But good you are doing this 👍

Ammar Yousef20:21:34 - 25 Nov 2018 [UTC]

I will do my best to shape this the way it has to be, I am a believer that such a system will benefit the planet, Ive been working in core banking systems for 15 years, the banking network is stupid and everybody knows and nobody is doing anything about it except us the believers in this system

Kristin Low20:21:44 - 25 Nov 2018 [UTC]

AmmarYousef

I can see the vote weight but not accounts who voted for me, but many thanks anyway for trying to help

No problem, also can try cryptofresh.com, they might show it more simply.

Kristin Low20:22:40 - 25 Nov 2018 [UTC]

AmmarYousef

Right on, the more time you spend with BitShares the more clear how ridiculously clever and necessary it is as an invention

Kristin Low20:22:57 - 25 Nov 2018 [UTC]

Welcome to the BitShares world :-)

Ammar Yousef20:23:09 - 25 Nov 2018 [UTC]

Ive been here for one week

Ammar Yousef20:23:23 - 25 Nov 2018 [UTC]

Just heard of you two weeks ago

Ammar Yousef20:23:57 - 25 Nov 2018 [UTC]

Im a running witness and frontend and became a committee member

Ammar Yousef20:24:07 - 25 Nov 2018 [UTC]

And moved everything I have to blockchain here

Ammar Yousef20:24:30 - 25 Nov 2018 [UTC]

I have seen enough intelligence :)

Kristin Low20:24:59 - 25 Nov 2018 [UTC]

Outstanding! Love it when people dive in :-D

Ammar Yousef20:25:42 - 25 Nov 2018 [UTC]

Kristin_Spark

Outstanding! Love it when people dive in :-D

(Flower)

Ammar Yousef20:26:08 - 25 Nov 2018 [UTC]

:p Im sill under restrictions

Ammar Yousef20:26:23 - 25 Nov 2018 [UTC]

Cannot post a flower

Ammar Yousef20:27:57 - 25 Nov 2018 [UTC]

Earlier on IRC it was the case of emojis :p~

Crypto Kong20:39:30 - 25 Nov 2018 [UTC]

AmmarYousef

Ive been here for one week

Welcome! Look forward to getting to know you :)

Crypto Kong20:39:43 - 25 Nov 2018 [UTC]

AmmarYousef

Im a running witness and frontend and became a committee member

Good work 👍

Ammar Yousef20:41:07 - 25 Nov 2018 [UTC]

Cryptokong123

Good work 👍

Thanks and its my pleasure knowing you too...

Ammar Yousef20:44:41 - 25 Nov 2018 [UTC]

Im behind the project ioBanker, we are in soft opening now, appreciate any feedbacks...

Ammar Yousef20:48:17 - 25 Nov 2018 [UTC]

@clockworkgr in one of your old posts, you were addressing the confusion behind enabling local wallet for the cloud wallet registration, Im wondering if this feature has been eliminated or not because I cannot find it

nutela20:49:30 - 25 Nov 2018 [UTC]

AmmarYousef

Im a running witness and frontend and became a committee member

What does it take to become a comitee member?

nutela20:49:42 - 25 Nov 2018 [UTC]

This is weird…

nutela20:50:05 - 25 Nov 2018 [UTC]

This was the GS then right?

Ammar Yousef20:50:27 - 25 Nov 2018 [UTC]

It takes what it has to be taken fairly...

nutela20:51:14 - 25 Nov 2018 [UTC]

Hmm no BitUSD going into BTS…

Ammar Yousef20:51:49 - 25 Nov 2018 [UTC]

@clockworkgr

Ammar Yousef20:52:03 - 25 Nov 2018 [UTC]

clockworkgr

nutela20:53:01 - 25 Nov 2018 [UTC]

bitCNY was also GS?

Ammar Yousef20:53:58 - 25 Nov 2018 [UTC]

In one of your posts, Ive seen you referring to a confusing “enabling local wallet mode for cloud mode” I cannot find the feature in the UI, can you tell me please where can I find this feature?

nutela20:54:50 - 25 Nov 2018 [UTC]

AmmarYousef

In one of your posts, Ive seen you referring to a confusing “enabling local wallet mode for cloud mode” I cannot find the feature in the UI, can you tell me please where can I find this feature?

It’s in the UI, when you log in or Settings

Stefan20:55:30 - 25 Nov 2018 [UTC]

AmmarYousef

In one of your posts, Ive seen you referring to a confusing “enabling local wallet mode for cloud mode” I cannot find the feature in the UI, can you tell me please where can I find this feature?

There is no active key transitioning yet. If you currently have a cloud account, make sure to extract your three private keys. THen activate the local wallet and import those three private keys into the local wallet.

nutela20:55:41 - 25 Nov 2018 [UTC]

AmmarYousef

In one of your posts, Ive seen you referring to a confusing “enabling local wallet mode for cloud mode” I cannot find the feature in the UI, can you tell me please where can I find this feature?

Local wallet is local private key on your HDD, Cloud wallet is only password.

Ammar Yousef20:57:53 - 25 Nov 2018 [UTC]

sschiessl

Im removing this feature from the setting until its fixed, users would do such a mistake always

Ammar Yousef20:58:16 - 25 Nov 2018 [UTC]

I have my private keys, Im concern about my users

Ammar Yousef21:00:22 - 25 Nov 2018 [UTC]

If a feature has a confusing part which may lead to losing account, they will all be at that risk

nutela21:05:45 - 25 Nov 2018 [UTC]

When exactly was GS?

nutela21:08:50 - 25 Nov 2018 [UTC]

nut3l4

This is weird…

Look at that 24 volume, that doesn’t make any sense!

Omar21:12:17 - 25 Nov 2018 [UTC]

nut3l4

bitCNY was also GS?

Not yet

nutela21:13:02 - 25 Nov 2018 [UTC]

paathi

Not yet

So what is that sell-off the 24th around midnight?

Omar21:13:27 - 25 Nov 2018 [UTC]

Panic sell-off

nutela21:13:51 - 25 Nov 2018 [UTC]

paathi

Panic sell-off

I don’t see it in Bitcoin

Alex M - clockwork21:14:00 - 25 Nov 2018 [UTC]

margin near marker price possibly

Alex M - clockwork21:14:24 - 25 Nov 2018 [UTC]

there was a poitn a couple of days ago were the margin wall was at market price...

nutela21:14:37 - 25 Nov 2018 [UTC]

clockworkgr

margin near marker price possibly

For both CNY and USD?

Omar21:14:50 - 25 Nov 2018 [UTC]

This shit show is all fixed. I am getting more and more convinced.

Alex M - clockwork21:14:50 - 25 Nov 2018 [UTC]

i remember 700k USD getting wiped out in secs

nutela21:14:53 - 25 Nov 2018 [UTC]

clockworkgr

there was a poitn a couple of days ago were the margin wall was at market price...

Yeah 23/11 past 0:00

Alex M - clockwork21:14:59 - 25 Nov 2018 [UTC]

usd i was looking at

nutela21:15:30 - 25 Nov 2018 [UTC]

Hate to say it but look at CMC, both at practically the same time, for bitCNY and bitUSD

nutela21:16:38 - 25 Nov 2018 [UTC]

Bitcoin lost 4B then… so maybe..

nutela21:21:04 - 25 Nov 2018 [UTC]

bitUSD 22-23 Nov, look at that 24hrs volume..

Alex M - clockwork21:21:44 - 25 Nov 2018 [UTC]

Cmc is worthless btw

Alex M - clockwork21:22:22 - 25 Nov 2018 [UTC]

Can't trust their data

Alex M - clockwork21:22:30 - 25 Nov 2018 [UTC]

Look at the on chain ones

nutela21:24:15 - 25 Nov 2018 [UTC]

I see… I guess you are right but still it’s creepy to see for bitCNY and bitUSD at the same time

Alex M - clockwork21:26:12 - 25 Nov 2018 [UTC]

we might get usd revived sooner than we expect

Alex M - clockwork21:26:32 - 25 Nov 2018 [UTC]

if all outstanding bitusd gets settled

nutela21:33:12 - 25 Nov 2018 [UTC]

What’s with the 24hrs volume on the UI?

Alex M - clockwork21:33:48 - 25 Nov 2018 [UTC]

what about it?

nutela21:34:23 - 25 Nov 2018 [UTC]

clockworkgr

what about it?

Well, a million options from TradingView but… Is it Volume?

nutela21:35:37 - 25 Nov 2018 [UTC]

Also what’s up with 5d(ays), it shows just 48 hours..

Alex M - clockwork21:36:07 - 25 Nov 2018 [UTC]

depends on node setup

Alex M - clockwork21:36:13 - 25 Nov 2018 [UTC]

not all ndoes have enough market history

nutela21:38:09 - 25 Nov 2018 [UTC]

Wow sorry new UI??

Catherine21:42:51 - 25 Nov 2018 [UTC]

nutela21:43:03 - 25 Nov 2018 [UTC]

https://www.tradingview.com/x/YtfiCXnN I don’t see volume for “5d”

nutela21:43:31 - 25 Nov 2018 [UTC]

https://www.tradingview.com/x/OAtd6BYp while 1d is fine…?

nutela21:46:31 - 25 Nov 2018 [UTC]

But whoever did the GUI, wow, good job 👍

nutela22:07:12 - 25 Nov 2018 [UTC]

FYI https://busy.org/bitshares/@bitshares.fdn/annemieke-dirkes-speaking-about-bitshares-at-decentralized-athens#@kus-knee/re-bitsharesfdn-annemieke-dirkes-speaking-about-bitshares-at-decentralized-athens-20181117t204644159z

Crypto Kong22:11:41 - 25 Nov 2018 [UTC]

Does anyone know how to see how much of the collateral collected from bitUSD GS is left? Alex mentioned its a bit asset data point. How do i see that?

R22:12:15 - 25 Nov 2018 [UTC]

Cryptokong123

Does anyone know how to see how much of the collateral collected from bitUSD GS is left? Alex mentioned its a bit asset data object. How do i see that?

Query the assets bitasset object reference?

Crypto Kong22:12:39 - 25 Nov 2018 [UTC]

cmmob

Query the assets bitasset object reference?

Is that something a noob like me could do fairly easy?

Crypto Kong22:13:55 - 25 Nov 2018 [UTC]

Basically im wondering how much is left as it will act as a peg to price whilst it remains so im holding back buying back my collateral in case price dumps again

Crypto Kong22:14:22 - 25 Nov 2018 [UTC]

If collateral is nearing running out ill buy back as price is free to increase

Nick22:26:22 - 25 Nov 2018 [UTC]

hey guys, just heard of bitshares 3.0 on eos platform, will it be an upgrade of bitshares or another blockchain? seperate to 2.0

nutela22:38:51 - 25 Nov 2018 [UTC]

n1ck0

hey guys, just heard of bitshares 3.0 on eos platform, will it be an upgrade of bitshares or another blockchain? seperate to 2.0

It will run on EOS I think so… There’s some sharedrop...

Nick22:39:09 - 25 Nov 2018 [UTC]

nut3l4

It will run on EOS I think so… There’s some sharedrop...

sharedrop?

nutela22:39:22 - 25 Nov 2018 [UTC]

n1ck0

sharedrop?

Airdrop, ShareDrop..

Dino Devon23:25:01 - 25 Nov 2018 [UTC]

haha I just realized every smart asset besides bitCNY has GS

Dino Devon23:25:06 - 25 Nov 2018 [UTC]

system is broke

fractalnode23:44:50 - 25 Nov 2018 [UTC]

DaleSatoshi1

haha I just realized every smart asset besides bitCNY has GS

😆 how many bitAsset do you know?

R23:56:55 - 25 Nov 2018 [UTC]

DaleSatoshi1

haha I just realized every smart asset besides bitCNY has GS

Hertz & Ruble/RUB running operating normally

fractalnode23:59:59 - 25 Nov 2018 [UTC]

bitEUR it is also fine

Nick00:11:08 - 26 Nov 2018 [UTC]

just a thought, is EOS a threat to bitshares and steemit? read this article about launching similar apps on the eos paltform.

Dino Devon00:19:04 - 26 Nov 2018 [UTC]

ok fine only HERO, bitBTC, bitUSD, bitGOLD, bitSilver, BTWTY

Dino Devon00:19:17 - 26 Nov 2018 [UTC]

feel like that is enough to say every

R00:29:55 - 26 Nov 2018 [UTC]

DaleSatoshi1

feel like that is enough to say every

nah, not even close

R00:30:52 - 26 Nov 2018 [UTC]

n1ck0

just a thought, is EOS a threat to bitshares and steemit? just read this article about launching similar apps on the eos paltform.

theoretical projects don't pose an immediate threat, imo

George (Bitspark)00:52:13 - 26 Nov 2018 [UTC]

nut3l4

I see… I guess you are right but still it’s creepy to see for bitCNY and bitUSD at the same time

you are seeeing a measure of market cap on CMC, that doesnt mean actually executed trades, when BTC dumps 10% the market cap of BTS also dumps at least 10% as the main pairing for BTS:BTC and orders are mostly denominated in BTC or other cryptos. Nothing sinister

Jeff00:52:30 - 26 Nov 2018 [UTC]

DaleSatoshi1

system is broke

It system is working exactly as expected and protecting the value of the assets.

George (Bitspark)00:53:34 - 26 Nov 2018 [UTC]

BTS price is recovering today, mainly due to BTC recording as BTS pairs are denominated in BTC, all boats rise on a rising tide

Binary Trader01:05:18 - 26 Nov 2018 [UTC]

Looking for bitcoin to buy large amounts

R01:12:48 - 26 Nov 2018 [UTC]

isn't CNY also very close to a global settlement .. ?

R01:40:35 - 26 Nov 2018 [UTC]

isn't CNY also very close to a global settlement .. ?

It's pretty close, but not quite yet

R01:41:06 - 26 Nov 2018 [UTC]

how was it yesterday when BTC dumped? I'm sorry, i wasn't on my laptop so i'm just curious

R01:41:11 - 26 Nov 2018 [UTC]

did the GS price drop down?

R01:43:03 - 26 Nov 2018 [UTC]

cmmob

It's pretty close, but not quite yet

i'd appreciate your feedback

R01:43:26 - 26 Nov 2018 [UTC]

how was it yesterday when BTC dumped? I'm sorry, i wasn't on my laptop so i'm just curious

It survived, where as usd gs triggered

R01:52:27 - 26 Nov 2018 [UTC]

cmmob

It survived, where as usd gs triggered

when the GS occurs

R01:52:33 - 26 Nov 2018 [UTC]

does the actual price need to equal the GS price

R01:52:39 - 26 Nov 2018 [UTC]

or the settlement price needs to equal the GS price?

R01:52:54 - 26 Nov 2018 [UTC]

or the settlement price needs to equal the GS price?

settlement iirc

May L02:09:00 - 26 Nov 2018 [UTC]

Does anyone know which exchanges the trading bot of the fmz quant platform is connected to? I want to do cross-exchange arbitrage.

El Stone02:57:15 - 26 Nov 2018 [UTC]

I am unable to get the settlement price for Gold and only receive the CER when settling

El Stone02:57:41 - 26 Nov 2018 [UTC]

anyone know about this?

El Stone03:00:52 - 26 Nov 2018 [UTC]

Same for silver

broz броз03:19:35 - 26 Nov 2018 [UTC]

Someone said they have almost 2million bts'

broz броз03:20:04 - 26 Nov 2018 [UTC]

And feel like suicide

R03:21:02 - 26 Nov 2018 [UTC]

El_Stone

I am unable to get the settlement price for Gold and only receive the CER when settling

They're both globally settled, no?

broz броз03:21:06 - 26 Nov 2018 [UTC]

Ifvwe spaceship q4 2019

El Stone03:26:07 - 26 Nov 2018 [UTC]

cmmob

They're both globally settled, no?

How can I research this, the bitshares gui is woefully inadequate about settlement issues and resolution, doesnt show the numbers, just have to check balances

George (Bitspark)03:33:24 - 26 Nov 2018 [UTC]

El_Stone

How can I research this, the bitshares gui is woefully inadequate about settlement issues and resolution, doesnt show the numbers, just have to check balances

current supply here https://dex.bitspark.io/asset/USD

El Stone03:33:36 - 26 Nov 2018 [UTC]

That's ridiculous if it's instant settling so far below where the market price is if it could just buy bts on market for several times more

El Stone03:34:10 - 26 Nov 2018 [UTC]

But the ledger display is so inadequate in bts gui for this...

George (Bitspark)03:34:21 - 26 Nov 2018 [UTC]

thats the point, there is an arb opportunity but only if you have bitUSD

George (Bitspark)03:34:56 - 26 Nov 2018 [UTC]

i agree there should be more info related to global settlement on the bitshares-UI, price of restart of market etc

George (Bitspark)03:35:45 - 26 Nov 2018 [UTC]

also once GS is happened the 'Global settlement price' metric on UI zero when it should probably display the price GS happened at

El Stone03:36:02 - 26 Nov 2018 [UTC]

Why would bitusd matter for gold and silver?

El Stone03:36:37 - 26 Nov 2018 [UTC]

George_Bitspark

also once GS is happened the 'Global settlement price' metric on UI zero when it should probably display the price GS happened at

Exactly, it deceived me

Dino Devon03:45:03 - 26 Nov 2018 [UTC]

I't thinking I will take out a decent size bitCNY margin and put a buy order right above GS.....do my part to stop that devastating event

El Stone03:47:08 - 26 Nov 2018 [UTC]

I thought new margin is blocked if there is really a gs

George (Bitspark)03:48:08 - 26 Nov 2018 [UTC]

bitCNY hasnt GS

Mathew04:29:11 - 26 Nov 2018 [UTC]

I'm like a broken record here but I'm sure if the bitCNY margin sell price is dropped to be 10% below the Dex price (where Dex price is lower than feed) then I'm sure we would avoid GS on bitCNY. Margins would then sell. Abit has directed me to read a BSIP on the forum but don't have any time at the minute as flat out at work - plus hold no bitCNY I would just really like to not see it happen. I know I may be completely missing something I just feel that if witnesses made this switch now it would avoid GS.

Maria Swan04:51:37 - 26 Nov 2018 [UTC]

Join channel now for daily binary trading tips and also how to earn through binary trade👇🏻👇🏻👇🏻 https://t.me/joinchat/AAAAAFLfME5jiC6S4cGs8g

George (Bitspark)06:28:52 - 26 Nov 2018 [UTC]

looks like bitAUD GS aswell

George (Bitspark)06:29:13 - 26 Nov 2018 [UTC]

and bitARS

Stefan06:29:46 - 26 Nov 2018 [UTC]

bitCNY is 5.7% away

George (Bitspark)06:30:22 - 26 Nov 2018 [UTC]

so the committee will issue nothing else ? even after literally every asset they issued goes GS ?

Stefan06:30:44 - 26 Nov 2018 [UTC]

efforts should go into revival, not creating a new one

George (Bitspark)06:36:48 - 26 Nov 2018 [UTC]

sschiessl

efforts should go into revival, not creating a new one. GS is expected behavior in such a bearish market

efforts for revival consist of sitting there hoping BTS price goes up

George (Bitspark)06:37:50 - 26 Nov 2018 [UTC]

more useful efforts = workers funding new value added services and features to bitshares to add value and help price go up. otherwise bitshares is a great blockchain for smartcoins....except none exist as they all died, hardly great marketing

Stefan06:39:54 - 26 Nov 2018 [UTC]

They didn't die, the are globally settled, you could also call it running on fractional reserve. You can also bid on the collateral for revival, or facilitate it by force settling bitUSD

George (Bitspark)06:42:50 - 26 Nov 2018 [UTC]

GS assets are basically dead, it no longer fulfils the objective of maintaining a peg if you cannot collateralise new coins, its basically a UIA you just speculate on it and telling people they can place bids and asks on a non-functional asset not that useful . Much like how BTWNTY trades 300% above feed price last i check

Mathew07:05:31 - 26 Nov 2018 [UTC]

George_Bitspark

Exactly

Fabian Schuh07:10:19 - 26 Nov 2018 [UTC]

Terminology is key! To most, a *dead* asset is considered equal to a *worthless* asset, though, every bitUSD is still collateralized by ~20 BTS ..

Fabian Schuh07:10:56 - 26 Nov 2018 [UTC]

That's still 0.97$ and probably more than USDT :D

Z307:12:05 - 26 Nov 2018 [UTC]

is it possible to make a new margin in bitusd

Stefan07:21:43 - 26 Nov 2018 [UTC]

is it possible to make a new margin in bitusd

No, not until it's revived

Omar07:25:03 - 26 Nov 2018 [UTC]

Is it advised to close margin trade even if collateral ratio is under 1.75%?

Omar07:25:23 - 26 Nov 2018 [UTC]

Looks like bitCNY will trigger GS

Omar07:25:58 - 26 Nov 2018 [UTC]

Maybe should try to save few more bitshares instead of getting GS

R08:05:50 - 26 Nov 2018 [UTC]

can't a whale just buy all the margin sell wall

Alex M - clockwork08:07:05 - 26 Nov 2018 [UTC]

i think the margin sell wall IS our whales :D

Alex M - clockwork08:07:29 - 26 Nov 2018 [UTC]

do your part for USD....

Alex M - clockwork08:07:39 - 26 Nov 2018 [UTC]

ive settled 5k already...

Alex M - clockwork08:07:46 - 26 Nov 2018 [UTC]

got an order for 2k more

R08:08:17 - 26 Nov 2018 [UTC]

a whale of whales then 😂

Alex M - clockwork08:08:25 - 26 Nov 2018 [UTC]

leviathan

R08:08:27 - 26 Nov 2018 [UTC]

do you think CNY will be globally settled ?

Alex M - clockwork08:08:35 - 26 Nov 2018 [UTC]

do you think CNY will be globally settled ?

Alex M - clockwork08:08:47 - 26 Nov 2018 [UTC]

i think we'll see a bounce

Alex M - clockwork08:08:53 - 26 Nov 2018 [UTC]

for btc

R08:09:08 - 26 Nov 2018 [UTC]

but then if we go back down, we're still in shit

Alex M - clockwork08:09:13 - 26 Nov 2018 [UTC]

that should buy us sometime and enough volume to lower GS

R08:09:14 - 26 Nov 2018 [UTC]

unless people change their collaterals

R08:09:28 - 26 Nov 2018 [UTC]

okay fair enough

R08:09:32 - 26 Nov 2018 [UTC]

let's hope so

Alex M - clockwork08:09:50 - 26 Nov 2018 [UTC]

we're all slaves to whatever btc does tbh

Alex M - clockwork08:10:00 - 26 Nov 2018 [UTC]

unfortinately

R08:10:12 - 26 Nov 2018 [UTC]

having the last CME trade date on november 30

R08:10:16 - 26 Nov 2018 [UTC]

i'm not so sure about the bounce

R08:10:50 - 26 Nov 2018 [UTC]

maybe it won't affect the market, but it usually dumps

Alex M - clockwork08:11:02 - 26 Nov 2018 [UTC]

not sure either

Alex M - clockwork08:11:17 - 26 Nov 2018 [UTC]

but if we continue teh drop, next stop is 1k

Alex M - clockwork08:11:19 - 26 Nov 2018 [UTC]

and tbh

Alex M - clockwork08:11:24 - 26 Nov 2018 [UTC]

GS is teh least of our problems

R08:12:57 - 26 Nov 2018 [UTC]

actually on last couple CME last trades

R08:13:00 - 26 Nov 2018 [UTC]

the market went up

R08:13:02 - 26 Nov 2018 [UTC]

checked now

は

はるか08:15:01 - 26 Nov 2018 [UTC]

so this is approx where bts/bitusd should trade at

Alex M - clockwork08:15:34 - 26 Nov 2018 [UTC]

harukaff_bot

so this is approx where bts/bitusd should trade at

GS price?

は

はるか08:15:41 - 26 Nov 2018 [UTC]

yep

Alex M - clockwork08:15:49 - 26 Nov 2018 [UTC]

yeah

は

はるか08:15:52 - 26 Nov 2018 [UTC]

profit runners would keep the price up

Alex M - clockwork08:16:01 - 26 Nov 2018 [UTC]

which is why i keep buying below that :P

Alex M - clockwork08:16:13 - 26 Nov 2018 [UTC]

made 2k BTS since yesterday :D

Crypto Kong08:16:16 - 26 Nov 2018 [UTC]

So annoying that we cant see how much is left to be settled into

Crypto Kong08:16:32 - 26 Nov 2018 [UTC]

Really need that info added into asset page

Stefan08:16:59 - 26 Nov 2018 [UTC]

Cryptokong123

Really need that info added into asset page

https://github.com/bitshares/bitshares-ui/pull/2219

は

はるか08:17:07 - 26 Nov 2018 [UTC]

`"settlement_fund": "14888666322882",` still al ot to go

Crypto Kong08:17:24 - 26 Nov 2018 [UTC]

Thankyou 😁

Alex M - clockwork08:17:31 - 26 Nov 2018 [UTC]

Cryptokong123

Really need that info added into asset page

Current supply 7,613,754.5082 bitUSD

Alex M - clockwork08:17:45 - 26 Nov 2018 [UTC]

at 19.55BTS/bitUSD

Alex M - clockwork08:18:04 - 26 Nov 2018 [UTC]

harukaff_bot

"settlement_fund": "14888666322882", still al ot to go

5 digit precision

は

はるか08:18:11 - 26 Nov 2018 [UTC]

yep, in BTS

Alex M - clockwork08:18:14 - 26 Nov 2018 [UTC]

148886663.22882

Alex M - clockwork08:18:28 - 26 Nov 2018 [UTC]

148.8m BTS

Crypto Kong08:18:47 - 26 Nov 2018 [UTC]

I was looking for the bts that was taken but yeah i should have just looked at how much usd in supply that was dumb of me lol

Stefan08:19:06 - 26 Nov 2018 [UTC]

Cryptokong123

I was looking for the bts that was taken but yeah i should have just looked at how much usd in supply that was dumb of me lol

Yes, so dumb 😂

Crypto Kong08:19:11 - 26 Nov 2018 [UTC]

😂

Crypto Kong08:20:17 - 26 Nov 2018 [UTC]

Ok well thanks for showing me the light lol

Alex M - clockwork08:20:57 - 26 Nov 2018 [UTC]

i was supposed to finalise expenses for decentralized and burn back remaining BTS

Alex M - clockwork08:21:08 - 26 Nov 2018 [UTC]

price move has really thrown me off

George (Bitspark)09:35:15 - 26 Nov 2018 [UTC]

so justneed everyone running bots to buy at less than GS price, then insta settle, rinse and repeat and can refloat it 😄

Alex M - clockwork09:37:39 - 26 Nov 2018 [UTC]

George_Bitspark

so justneed everyone running bots to buy at less than GS price, then insta settle, rinse and repeat and can refloat it 😄

i've done a few k USD already

Alex M - clockwork09:37:48 - 26 Nov 2018 [UTC]

seems liek peopel caught on to it though

Alex M - clockwork09:38:02 - 26 Nov 2018 [UTC]

price has stayed above settlement sicne last night :D

Crypto Kong09:40:46 - 26 Nov 2018 [UTC]

George_Bitspark

so justneed everyone running bots to buy at less than GS price, then insta settle, rinse and repeat and can refloat it 😄

I wonder if bitcrab was prepared and had a bot ready to get his bts back or will a new power emerge from this?

Alex M - clockwork09:40:59 - 26 Nov 2018 [UTC]

Cryptokong123

I wonder if bitcrab was prepared and had a bot ready to get his bts back or will a new power emerge from this?

nah

Crypto Kong09:41:08 - 26 Nov 2018 [UTC]

To which bit lol

Alex M - clockwork09:41:18 - 26 Nov 2018 [UTC]

first part

Alex M - clockwork09:41:25 - 26 Nov 2018 [UTC]

thats the awesome part about this GS

Alex M - clockwork09:41:31 - 26 Nov 2018 [UTC]

even more decentralized now

Alex M - clockwork09:41:40 - 26 Nov 2018 [UTC]

proxy weights are so much better

Crypto Kong09:41:44 - 26 Nov 2018 [UTC]

Yeah the proxies look way better

Crypto Kong09:42:03 - 26 Nov 2018 [UTC]

@xeroc couod do with a trim though 😜

Alex M - clockwork09:42:41 - 26 Nov 2018 [UTC]

or the others could do better achieving consensus amongst stakehodlers

Alex M - clockwork09:42:49 - 26 Nov 2018 [UTC]

depends hwo you look at it

Crypto Kong09:43:01 - 26 Nov 2018 [UTC]

Of course

Crypto Kong09:43:22 - 26 Nov 2018 [UTC]

But yes agreed on the voting side of things it looks much better now

Crypto Kong09:44:06 - 26 Nov 2018 [UTC]

And IMO exactly what bitcrab desrved, perhaps not the financial loss but the loss in power due to his poor decision making

Stefan09:44:06 - 26 Nov 2018 [UTC]

Cryptokong123

@xeroc could do with a trim though 😜

His followers seem to be long-term hodlers with no margins, just plain hodlers

Crypto Kong09:44:29 - 26 Nov 2018 [UTC]

sschiessl

His followers seem to be long-term hodlers with no margins, just plain hodlers

Much more organic, thats good

Alex M - clockwork09:44:57 - 26 Nov 2018 [UTC]

yeah

Alex M - clockwork09:45:19 - 26 Nov 2018 [UTC]

tbh, xeroc hardly relies on his own stake...nowhere near the size of the others

Alex M - clockwork09:45:27 - 26 Nov 2018 [UTC]

it's mostly proxied

Crypto Kong09:45:36 - 26 Nov 2018 [UTC]

Good stuff

Crypto Kong09:48:30 - 26 Nov 2018 [UTC]

I have a question: what is being considered to restore faith in bitshares smartcoins? Why would a user decide to short bitUSD into existance, after recent GS, knowing that they basically have to rely or trust that random strangers around the world will manage their positions correctly.

Stefan09:49:00 - 26 Nov 2018 [UTC]

Cryptokong123

Enhance margin call penalties for instance

Crypto Kong09:49:17 - 26 Nov 2018 [UTC]

I would back that 100%

Crypto Kong09:49:36 - 26 Nov 2018 [UTC]

Are any incentives to create smartcoins being considered?

Alex M - clockwork09:50:12 - 26 Nov 2018 [UTC]

Cryptokong123

Are any incentives to create smartcoins being considered?

many times

Alex M - clockwork09:50:20 - 26 Nov 2018 [UTC]

problem is incentive implies reward

Alex M - clockwork09:50:34 - 26 Nov 2018 [UTC]

reward starts movign into securities territory :/

Crypto Kong09:50:42 - 26 Nov 2018 [UTC]

Hmmm

Cryptick Cryptick09:51:04 - 26 Nov 2018 [UTC]

The people who have shorted the bitUSD into exsistance have made a lot of money.

Crypto Kong09:51:11 - 26 Nov 2018 [UTC]

What about relief from fees for smartcoin creators who hold orders on the books. Encouraging market makers

Cryptick Cryptick09:51:22 - 26 Nov 2018 [UTC]

It is a complex process, but profit is a bit incentive.

Crypto Kong09:51:40 - 26 Nov 2018 [UTC]

Cryptick1

The people who have shorted the bitUSD into exsistance have made a lot of money.

Tell that to those like myself who just lost 100k BTS

Cryptick Cryptick09:51:50 - 26 Nov 2018 [UTC]

That is why they borrow so many into existance.

Cryptick Cryptick09:52:23 - 26 Nov 2018 [UTC]

Well there are some very screwy games going on in those markets.

Stefan09:52:40 - 26 Nov 2018 [UTC]

Cryptokong123

Tell that to those like myself who just lost 100k BTS

You didn't loose 100k BTS. You lost your margin position which was leveraged with more than 100k BTS in case the price was rising again. Your position got liquidated at the current market price of bitUSD. You lost your leverage.

Crypto Kong09:53:22 - 26 Nov 2018 [UTC]

Correct but you see my point... it forced me to sell at a point which i wouldnt have to if everyone managed their positions better

Crypto Kong09:53:44 - 26 Nov 2018 [UTC]

Now im having to get money together to buy it all back

Crypto Kong09:53:57 - 26 Nov 2018 [UTC]

A MASSIVE inconvenience

Stefan09:54:05 - 26 Nov 2018 [UTC]

Cryptokong123

Correct but you see my point... it forced me to sell at a point which i wouldnt have to if everyone managed their positions better

Yes, fully aware (me including). But that was the risk for creating the leverage.

Crypto Kong09:54:07 - 26 Nov 2018 [UTC]

Many will not be able to

Alex M - clockwork09:54:07 - 26 Nov 2018 [UTC]

sschiessl

You didn't loose 100k BTS. You lost your margin position which was leveraged with more than 100k BTS additionally in case the price was rising again. Your position got liquidated at the current market price of bitUSD. You lost your leverage.

true...but if he had say a 3.0 CR

Alex M - clockwork09:54:07 - 26 Nov 2018 [UTC]

still sucks to lose your leverage cause someone else fucked up

nutela09:54:13 - 26 Nov 2018 [UTC]

George_Bitspark

you are seeeing a measure of market cap on CMC, that doesnt mean actually executed trades, when BTC dumps 10% the market cap of BTS also dumps at least 10% as value of those BTS fell, the main pairing for BTS:BTC and orders are mostly denominated in BTC or other cryptos. Nothing sinister

Well, as Alex @clockworkgr said (many time 😂) before CMC is inaccurate… still those dips all around the same time the 23rd Nov looked weird, + the sudden volume for bitUSD but cryptofresh didn’t show that at all. CMC is then fairly broken IMHO...

Crypto Kong09:54:16 - 26 Nov 2018 [UTC]

clockworkgr

still sucks to lose your leverage cause someone else fucked up

Exactly

Stefan09:54:25 - 26 Nov 2018 [UTC]

clockworkgr

still sucks to lose your leverage cause someone else fucked up

Yea .. fully agree on that

Crypto Kong09:54:37 - 26 Nov 2018 [UTC]

Its badically forced people to sell pretty much the bottom of the market lol

Cryptick Cryptick09:54:49 - 26 Nov 2018 [UTC]

This is always the problem with leverage people take out too much, (enter subprime finanical ciris as evidence.)

Cryptick Cryptick09:55:24 - 26 Nov 2018 [UTC]

I hear you, and it totally sucks to lose money...

Crypto Kong09:55:41 - 26 Nov 2018 [UTC]

But anyway... i dont think we need to get back into this... what can we do to incentivise people to create bitUSD again

George (Bitspark)09:55:47 - 26 Nov 2018 [UTC]

the best fix short term is that the least collateralised position doesnt make the entire smartcoin GS. i believe there is some work being done on this already

Alex M - clockwork09:56:49 - 26 Nov 2018 [UTC]

collateral biddign allows you to get your position back

Alex M - clockwork09:56:49 - 26 Nov 2018 [UTC]

if EVERYONE did the same

Alex M - clockwork09:56:50 - 26 Nov 2018 [UTC]

collateral bidding is essentially increasing yoru collateral to over 1.75 AFTER GS

Alex M - clockwork09:56:50 - 26 Nov 2018 [UTC]

need around 115m BTS worth of bids :/

Alex M - clockwork09:56:50 - 26 Nov 2018 [UTC]

debt is way too high at the mo though

Alex M - clockwork09:56:52 - 26 Nov 2018 [UTC]

(fwiw...this stuff needs to be UXd properly in the wallet...would help if people could do it)

Cryptick Cryptick09:57:53 - 26 Nov 2018 [UTC]

Another problem is that people take out more leverage than they should.(specifically what I am saying is that when some people issue bitUSD they immediately buy BTS, and then reissue bitUSD) by repeating the circle they control way more than the "normal" margins say they should.

Crypto Kong09:57:54 - 26 Nov 2018 [UTC]

Yeah i have no idea how to do that lol

Crypto Kong09:58:17 - 26 Nov 2018 [UTC]

Im just moving the debt from the dex to my bank account by buying back the bts

Crypto Kong09:59:05 - 26 Nov 2018 [UTC]

So if everyone could stop settling bitusd to give me more time that would be great lol

Crypto Kong10:00:32 - 26 Nov 2018 [UTC]

Cryptick1

Yup agree 100%

Crypto Kong10:00:49 - 26 Nov 2018 [UTC]

Would there be a way to stop that?

Alex M - clockwork10:01:27 - 26 Nov 2018 [UTC]

nothign wrong with that

Alex M - clockwork10:01:35 - 26 Nov 2018 [UTC]

as long as your CR is high enough

Crypto Kong10:01:36 - 26 Nov 2018 [UTC]

Most important is that 1 person cant bring the system down and harsher penalties for calls

Cryptick Cryptick10:02:00 - 26 Nov 2018 [UTC]

Cryptokong123

Would there be a way to stop that?

I think the easiest way would be to increase the required ratio. from what 1.75 to say 2.

Crypto Kong10:02:07 - 26 Nov 2018 [UTC]

clockworkgr

as long as your CR is high enough

Ive done it myself but it can get reckless pretty easy

Alex M - clockwork10:02:38 - 26 Nov 2018 [UTC]

Cryptokong123

Ive done it myself but it can get reckless pretty easy

then maybe 1.75 is not high enough

Crypto Kong10:02:40 - 26 Nov 2018 [UTC]

Cryptick1

I think the easiest way would be to increase the required ratio. from what 1.75 to say 2.

I would back that also 100% seeing as we all say x2 for ease of explanation anyway

Crypto Kong10:03:06 - 26 Nov 2018 [UTC]

clockworkgr

then maybe 1.75 is not high enough

2 minimum it should be

Alex M - clockwork10:03:42 - 26 Nov 2018 [UTC]

write a BSIP for it :P

Crypto Kong10:04:37 - 26 Nov 2018 [UTC]

Cryptokong123

2 minimum it should be

This is my bsip lol

Stefan10:05:11 - 26 Nov 2018 [UTC]

Cryptokong123

This is my bsip lol

BAM 😊

Crypto Kong10:05:17 - 26 Nov 2018 [UTC]

😁

Cryptick Cryptick10:05:18 - 26 Nov 2018 [UTC]

It gets really complicated, and I realize a few of the games that margin players play, but I don't understand all the games. I feel a bit like walking into a casino. I know things are rigged, but by who and how much, well I don't know.

Cryptick Cryptick10:05:59 - 26 Nov 2018 [UTC]

The thing is some people want to be leveraged to the max, it makes them grow faster and get liquidity faster on the way down.

Cryptick Cryptick10:06:32 - 26 Nov 2018 [UTC]

And by closing out there positions first they are protected from the larger downswings that come later.

Cryptick Cryptick10:07:04 - 26 Nov 2018 [UTC]

it is complicated, If I understood it all, I might be playing that game. But then I also wouldn't be explaining it...

Cryptick Cryptick10:07:26 - 26 Nov 2018 [UTC]

Because those invovled have made a lot of money with margin rules.

Stefan10:15:01 - 26 Nov 2018 [UTC]

clockworkgr

(fwiw...this stuff needs to be UXd properly in the wallet...would help if people could do it)

https://github.com/bitshares/bitshares-ui/issues/2221

は

はるか10:17:04 - 26 Nov 2018 [UTC]

do we currently have way to track bid stats in core?

は

はるか10:18:34 - 26 Nov 2018 [UTC]

couldn't find any wallet api for that

funkit10:24:26 - 26 Nov 2018 [UTC]

The client suddenly denies me to switch from local login to cloud. For some reason I don't know. No biggie, since I have Rudex' to the rescue. But annoying enough.

LOLO LOLO11:22:14 - 26 Nov 2018 [UTC]

fuck

R11:22:17 - 26 Nov 2018 [UTC]

although the price is remaining somewhat similar, my collateral ratio is decreasing

R11:22:19 - 26 Nov 2018 [UTC]

why?

LOLO LOLO11:22:29 - 26 Nov 2018 [UTC]

bsip42

螃蟹

螃蟹11:24:22 - 26 Nov 2018 [UTC]

Bitcny mortgage ratio has reached 114, some people make trouble, but do not try to solve the trouble. I think it won't be long before bitcny's global liquidation takes place in front of us.

Stefan11:26:56 - 26 Nov 2018 [UTC]

sschiessl

@Cryptokong123 @clockworkgr anything missing (see new area about settlements)

R11:31:11 - 26 Nov 2018 [UTC]

we need a bitcoin bounce

Omar11:32:29 - 26 Nov 2018 [UTC]

I mean people having collateral above 1.75 ratio should not be liquidated somehow even when GS.

Omar11:32:50 - 26 Nov 2018 [UTC]

We also need stopp loss function in dex

螃蟹

螃蟹11:34:00 - 26 Nov 2018 [UTC]

we need a bitcoin bounce

It seems too bad that our fate is in the hands of others.

R11:35:28 - 26 Nov 2018 [UTC]

so in case GS happens

R11:35:35 - 26 Nov 2018 [UTC]

it is best to have the least collateral as possible?

Alex M - clockwork11:42:57 - 26 Nov 2018 [UTC]

it is best to have the least collateral as possible?

No diffwrence

Fabian Schuh11:51:10 - 26 Nov 2018 [UTC]

https://steemit.com/bitshares/@bitshares.fdn/how-global-settlements-work

bench12:18:40 - 26 Nov 2018 [UTC]

The problem was not the MCR of 1.75, but the market did not eat the margin position which were around 1.2 for bitUSD way too long

bench12:19:28 - 26 Nov 2018 [UTC]

the feed price not the MCR was the problem

R12:25:44 - 26 Nov 2018 [UTC]

Will the same happen for bitCNY?

bench12:27:42 - 26 Nov 2018 [UTC]

depends on feed price manipulation

fractalnode12:33:29 - 26 Nov 2018 [UTC]

xeroc

https://steemit.com/bitshares/@bitshares.fdn/how-global-settlements-work

I don't understand this part "The settlement fund and corresponding loans are auctioned sufficiently to cover the minimum collateral ratio. When that happens, the bitAsset will be re-enabled in a subsequent maintenance window." What auctions?

Slavi La Libertad12:42:50 - 26 Nov 2018 [UTC]

habibi7

the feed price not the MCR was the problem

Right.

Fabian Schuh12:45:43 - 26 Nov 2018 [UTC]

fractalnode

read BSIP18

螃蟹

螃蟹12:50:21 - 26 Nov 2018 [UTC]

We still haven't done anything!!!

Loknar13:01:39 - 26 Nov 2018 [UTC]

Cryptick1

Well, they actually control what the system allows them, so it's not wrong or ilegitimate per se, it's just the way it is...On the other hand, the MCR of only 1.75 is quite ridicilous, especially at the bitusd market, which still has pretty much elementary volume and liquidity..

Techno Comanche13:02:39 - 26 Nov 2018 [UTC]

#CyberMooNDaY! Heard IT furrst from? /=0

JORGE GUZMAN13:20:25 - 26 Nov 2018 [UTC]

Hello good day. The Exchange of Bitshares On line. I'm not allowing to do traiden with the pairs OPEN example OPENETH etc. With the other pairs yes, please help me how to correct that

JORGE GUZMAN13:20:51 - 26 Nov 2018 [UTC]

Hello good day. The Exchange of Bitshares On line. I'm not allowing to do traiden with the pairs OPEN example OPENETH etc. With the other pairs yes, please help me how to correct that

JORGE GUZMAN13:22:39 - 26 Nov 2018 [UTC]

Hello good day. The Exchange of Bitshares On line. I'm not allowing to do traiden with the pairs OPEN example OPENETH etc. With the other pairs yes, please help me how to correct that

JORGE GUZMAN13:25:29 - 26 Nov 2018 [UTC]

Stefan13:27:11 - 26 Nov 2018 [UTC]

JORGE GUZMAN

Hello good day. The Exchange of Bitshares On line. I'm not allowing to do traiden with the pairs OPEN example OPENETH etc. With the other pairs yes, please help me how to correct that

Spam Bot?

fractalnode13:28:52 - 26 Nov 2018 [UTC]

he copied my message 😆

JORGE GUZMAN13:29:11 - 26 Nov 2018 [UTC]

Ai putea să mă ajuți perechile DESCHISE din bursă nu mă percep ca să tradim, dar ceilalți fac

Stefan14:27:57 - 26 Nov 2018 [UTC]

Settlement information is now included, currently in staging for hotfix https://staging.bitshares.org/#/asset/USD https://staging.bitshares.org/#/asset/CNY Please find the new asset details "Settlement" section

Bangzi14:28:45 - 26 Nov 2018 [UTC]

👍

Dino Devon14:49:30 - 26 Nov 2018 [UTC]

seems like bitCNY is running downhill and going to GS

Jeff14:49:47 - 26 Nov 2018 [UTC]

sschiessl

Very nice!

Crypto Kong14:50:50 - 26 Nov 2018 [UTC]

sschiessl

Good work steffan, nice to see a fast response to what users have asked for. Thank you 👍

Stefan14:55:45 - 26 Nov 2018 [UTC]

Cryptokong123

Good work steffan, nice to see a fast response to what users have asked for. Thank you 👍

The actual work was done by @startail

Crypto Kong14:56:22 - 26 Nov 2018 [UTC]

Thankyou startail!

startail14:56:29 - 26 Nov 2018 [UTC]

👍

Alex M - clockwork14:56:44 - 26 Nov 2018 [UTC]

good

Alex M - clockwork14:56:51 - 26 Nov 2018 [UTC]

we can now witness GS in real time

kenCode15:00:42 - 26 Nov 2018 [UTC]

sschiessl

"globals settlement" string should be edited to "Global Settlement"

kenCode15:02:02 - 26 Nov 2018 [UTC]

"Sadly, this asset is in Global Settlement." - would be even better

Daniel Schwarz (liondani)15:03:52 - 26 Nov 2018 [UTC]

Everything will get fixed... Good lessons... We will come much stronger after this

Alex M - clockwork15:04:03 - 26 Nov 2018 [UTC]

liondani

Everything will get fixed... Good lessons... We will come much stronger after this

❤️

R15:06:04 - 26 Nov 2018 [UTC]

kenCode

"Sadly, this asset is in Global Settlement." - would be even better

Unfortunately instead of sadly? 🤔

kenCode15:06:22 - 26 Nov 2018 [UTC]

yeah, that would be more indicative 👍🏼

Alex M - clockwork15:07:50 - 26 Nov 2018 [UTC]

"WHY OH WHY is this asset in settlement?"

Jenny Cooper15:08:26 - 26 Nov 2018 [UTC]

Hello everyone Please can someone tell me what the group is all about

FarmerD15:09:16 - 26 Nov 2018 [UTC]

Jenny Cooper

Hello everyone Please can someone tell me what the group is all about

Bitshares

は

はるか15:09:34 - 26 Nov 2018 [UTC]

Always wondered how you end up in this group

Jenny Cooper15:09:53 - 26 Nov 2018 [UTC]

FarmerD

Bitshares

Okay

は

はるか15:09:58 - 26 Nov 2018 [UTC]

This kind of msgs puzzles me a log

は

はるか15:10:02 - 26 Nov 2018 [UTC]

Lot

Jenny Cooper15:10:10 - 26 Nov 2018 [UTC]

harukaff_bot

Always wondered how you end up in this group

Meaning?

El Stone15:10:38 - 26 Nov 2018 [UTC]

Cryptokong123

Well, the most collateralized position should be given the option to insta-buy the bitASSET that is offered for settlement in 24hrs as a perk of high collateral rather than reward low collateral positions with the settle bonus/penalty of 10% on most markets? Basically margin positions should have a toggle option to buy the 10% cheaper settle orders and then in 24hrs if none have the option enabled it goes on market. Currently the least collateral is forced to buy it, right but those should buy at up to a 10% loss instead if necessary rather than the market price or the discount

は

はるか15:11:13 - 26 Nov 2018 [UTC]

Joining a group without even knowing what is it about is a common thing now?

FarmerD15:13:03 - 26 Nov 2018 [UTC]

harukaff_bot

Joining a group without even knowing what is it about is a common thing now?

Lol, yes seems to be 🤣

は

はるか15:13:24 - 26 Nov 2018 [UTC]

Woot

El Stone15:16:37 - 26 Nov 2018 [UTC]

kenCode

"Sadly, this asset is in Global Settlement." - would be even better

Regarding Gold, it seems the gs rate is 25% or less on the asset, right? I saw you're also holding a bag there as I

El Stone15:19:09 - 26 Nov 2018 [UTC]

Quite frustrating, people shorting should have lower returns and buyback the short at heavier losses before crashing the asset for everyone

Kristin Low15:22:10 - 26 Nov 2018 [UTC]

clockworkgr

"WHY OH WHY is this asset in settlement?"

"dear god won't somebody think of the assets!"

El Stone15:22:31 - 26 Nov 2018 [UTC]

We made good investments in Gold and the poor short positions are rewarded with the original sale value... perhaps raising the mcr is a good start too.

Alex M - clockwork15:22:52 - 26 Nov 2018 [UTC]

harukaff_bot

Lot

google search bitcoin telegram

El Stone15:24:42 - 26 Nov 2018 [UTC]

Maybe the fees of these markets should also be used to refill the gs fund somehow towards the market peg

Daniel Schwarz (liondani)15:24:45 - 26 Nov 2018 [UTC]

Raising mcr would solve a lot of problems... We could raise it proportional to each asset volume high volume increased mcr.... Low volume low mcr like 10% now

El Stone15:25:35 - 26 Nov 2018 [UTC]

Regular exchanges repay investors off future income, so should bts

Alex M - clockwork15:27:31 - 26 Nov 2018 [UTC]

liondani

Raising mcr would solve a lot of problems... We could raise it proportional to each asset volume high volume increased mcr.... Low volume low mcr like 10% now

mcr should be proportional to risk

Alex M - clockwork15:27:36 - 26 Nov 2018 [UTC]

low vol is higher risk

Alex M - clockwork15:27:43 - 26 Nov 2018 [UTC]

low price is also higher risk

El Stone15:35:16 - 26 Nov 2018 [UTC]

Lowering the bts fee spending requirements for various actions doomed that utility tokens value but my mistake in failing to see just how it could destroy the smart asset values also. Exchange fees should go directly to gs fund and nowhere else, including dividends and rewards except minimum for keeping nodes incentives competitive.

Daniel Schwarz (liondani)15:36:52 - 26 Nov 2018 [UTC]

clockworkgr

mcr should be proportional to risk

Sorry I meant the squeeze protection that is now 10%... Is the abbreviation SQP i think?

El Stone15:37:25 - 26 Nov 2018 [UTC]

And bts fees for actions should return to original higher levels obviously

Daniel Schwarz (liondani)15:37:49 - 26 Nov 2018 [UTC]

So replace MCR with SQP.... Sorry

Alex M - clockwork15:38:01 - 26 Nov 2018 [UTC]

MSSR

Alex M - clockwork15:38:09 - 26 Nov 2018 [UTC]

yeah that makes sense

Daniel Schwarz (liondani)15:38:09 - 26 Nov 2018 [UTC]

Right

Devon C. 🌐15:39:23 - 26 Nov 2018 [UTC]

Who sells cryptocurrency?

Once Uponatime15:42:35 - 26 Nov 2018 [UTC]

JDevnC

Who sells cryptocurrency?

According to the SEC: the devil.

startail15:44:36 - 26 Nov 2018 [UTC]

onceponatime

According to the SEC: the devil.

😂

Cryptick Cryptick15:45:06 - 26 Nov 2018 [UTC]

El_Stone

And bts fees for actions should return to original higher levels obviously

I would agree with your analysis. We need to look at BitShares as a business. How much revenue do we need? How much Advertising? How much money spent on Security? How much spent on R&D? The current low revenue models for BTS come with complex side effects. Currently, the pricing model is all about trying to get market share, -and that is not working. In my opinion, it is because of a lack of development, marketing, budgeting and having the right sustainable business model. We need to have have sustainable model for now and into the future.

Slavi La Libertad15:46:20 - 26 Nov 2018 [UTC]

Cryptick1

Alex M - clockwork16:00:37 - 26 Nov 2018 [UTC]

onceponatime

According to the SEC: the devil.

no i dont

Dino Devon16:01:08 - 26 Nov 2018 [UTC]

haha

nutela16:09:19 - 26 Nov 2018 [UTC]

cmmob

Unfortunately instead of sadly? 🤔

Yeah like fortune has anything to do with it but sure it sounds better 😂

nutela16:14:12 - 26 Nov 2018 [UTC]

Cryptick1

Lack of development I wouldn't say.

Alex M - clockwork16:21:03 - 26 Nov 2018 [UTC]

@everyone seeing as there are many differing opinions on how to "fix" bitAssets

Alex M - clockwork16:22:14 - 26 Nov 2018 [UTC]

how would anyone feel about a worker that will pay a prize to the best suggestion (in the form of a BSIP) on how to improve them ?

nutela16:22:14 - 26 Nov 2018 [UTC]

I'd argue BitShares needs more agreed upon processes like how to deal with support, where to send them, have QA, maybe it could operate more as a company with pay outs, dividend, bonuses. Like not exaggerate it but test other processes. Maybe now it is more lucrative for the established order? I don't know but if something is or is not changing a party has to benefit.

Alex M - clockwork16:22:51 - 26 Nov 2018 [UTC]

so improve pegging, stability, liquidity etc.

Alex M - clockwork16:23:04 - 26 Nov 2018 [UTC]

community could vote on it

Alex M - clockwork16:23:17 - 26 Nov 2018 [UTC]

have a top prize (bsip to be implemented)

Alex M - clockwork16:23:26 - 26 Nov 2018 [UTC]

and maybe 2nd / 3rd place prizes

Crypto Kong16:24:03 - 26 Nov 2018 [UTC]

clockworkgr

how would anyone feel about a worker that will pay a prize to the best suggestion (in the form of a BSIP) on how to improve them ?

Probably a waste of time IMO. The people with the best knowledge are already involved in conversations. It would probably just invite a load of pretty useless suggestions. Just my 2 cents

Alex M - clockwork16:24:36 - 26 Nov 2018 [UTC]

Cryptokong123

Probably a waste of time IMO. The people with the best knowledge are already involved in conversations. It would probably just invite a load of pretty useless suggestions. Just my 2 cents

the reward might involve peopel with better grasp of economics

Crypto Kong16:24:53 - 26 Nov 2018 [UTC]

Possibbly...

Crypto Kong16:25:00 - 26 Nov 2018 [UTC]

But again i doubt it

Alex M - clockwork16:25:21 - 26 Nov 2018 [UTC]

at the same time it would improve consensus

Crypto Kong16:25:32 - 26 Nov 2018 [UTC]

That i would agree on

Alex M - clockwork16:25:59 - 26 Nov 2018 [UTC]

also...useless suggestiosn would have to be shot down

Crypto Kong16:26:03 - 26 Nov 2018 [UTC]

How much of a prize?

Alex M - clockwork16:26:21 - 26 Nov 2018 [UTC]

which might improve people's understanding of how it works already and why certain things can/can't be done

Crypto Kong16:26:24 - 26 Nov 2018 [UTC]

Couldnt a financial consultant with tech knowledge just be hired?

Alex M - clockwork16:26:42 - 26 Nov 2018 [UTC]

Cryptokong123

Couldnt a financial consultant with tech knowledge just be hired?

who chooses him? :D

Crypto Kong16:26:49 - 26 Nov 2018 [UTC]

Hmmm

Alex M - clockwork16:27:12 - 26 Nov 2018 [UTC]

Cryptokong123

How much of a prize?

no idea...10-20k region?

Alex M - clockwork16:27:15 - 26 Nov 2018 [UTC]

(usd)

Cryptick Cryptick16:28:51 - 26 Nov 2018 [UTC]

nut3l4

Agreed. I think there should be more "customer support," I think telegrams rooms should be moderated, kept on topic free of not safe for work content. However, this is a time consuming and complicated process which needs a to handeled in the right way.

Crypto Kong16:29:02 - 26 Nov 2018 [UTC]

What if it just goes to all the regular devs already getting paid by bitshares? Wont it just appear like handing money over to someone already getting paid to fix stuff like this

Crypto Kong16:29:36 - 26 Nov 2018 [UTC]

Perhaps teams should be created... with regular devs as members of teams

Alex M - clockwork16:29:43 - 26 Nov 2018 [UTC]

Cryptokong123

What if it just goes to all the regular devs already getting paid by bitshares? Wont it just appear like handing money over to someone already getting paid to fix stuff like this

could be a disclaimer

Alex M - clockwork16:30:00 - 26 Nov 2018 [UTC]

i guess the idea is to generate wider consensus on the method used to improve them

Crypto Kong16:30:00 - 26 Nov 2018 [UTC]

Then others can get involved and have a tech adviser sort of thing

Crypto Kong16:30:29 - 26 Nov 2018 [UTC]

This ideas starting to grow on me

Alex M - clockwork16:30:37 - 26 Nov 2018 [UTC]

because it's become painfully obvious we're lackign in that respect

Crypto Kong16:30:53 - 26 Nov 2018 [UTC]

clockworkgr

because it's become painfully obvious we're lackign in that respect

True

Alex M - clockwork16:30:58 - 26 Nov 2018 [UTC]

e.g. would love to have suggestions from people like Alt and Thule as well

Crypto Kong16:31:28 - 26 Nov 2018 [UTC]

Thule and xeroc, dream team right there lol

Crypto Kong16:31:55 - 26 Nov 2018 [UTC]

Im sure theyd get on just fine 😂

Alex M - clockwork16:32:37 - 26 Nov 2018 [UTC]

well if everyone realised that everyone else for the most part has a common goal (ie whats best for bitshares growth)

Alex M - clockwork16:32:42 - 26 Nov 2018 [UTC]

it could work

Crypto Kong16:33:05 - 26 Nov 2018 [UTC]

Yup

Crypto Kong16:33:26 - 26 Nov 2018 [UTC]

I would probably vote for this after a bit more thought and planning

Alex M - clockwork16:33:36 - 26 Nov 2018 [UTC]

yeah...just floating it out there

Alex M - clockwork16:33:43 - 26 Nov 2018 [UTC]

def needs more thought and discussion

R16:41:44 - 26 Nov 2018 [UTC]

if btc will go to 3200, do you think we'll reach GS? or just come close off it

Dino Devon16:45:22 - 26 Nov 2018 [UTC]

pretty close to it now

Cryptick Cryptick16:48:37 - 26 Nov 2018 [UTC]

Well and the positive side with dealing with global settlement now is that it will make us stronger for the future. hopefully, BTS can learn lessons now, and then down the road, when we are bigger and better we will have more people with more experience. It is likely we are going to learn something from this. it is sort of like crashing your bike when you are kid, You get back up and learn to ride a little safer.

Crypto Kong16:49:28 - 26 Nov 2018 [UTC]

We need to create a less fragile system and presume no one will learn from this lol

R16:49:37 - 26 Nov 2018 [UTC]

yeah, except losing hundred of thousands of bts

Alex M - clockwork16:50:14 - 26 Nov 2018 [UTC]

buy a bigger bike :P

Cryptick Cryptick16:50:37 - 26 Nov 2018 [UTC]

Cryptokong123

We need to create a less fragile system and presume no one will learn from this lol

Right, but creating a less fragile system is learning from this.

Crypto Kong16:50:40 - 26 Nov 2018 [UTC]

We have certainly learned and hopefully can improve the system but there will always be idiot traders. Cant let them bring down the system again

Crypto Kong16:50:52 - 26 Nov 2018 [UTC]

Cryptick1

Right, but creating a less fragile system is learning from this.

Yeah exactly

Cryptick Cryptick16:51:39 - 26 Nov 2018 [UTC]

clockworkgr

buy a bigger bike :P

Yeah, got to be careful with that. Most pople survive bicylce accidents. Those motorcyle accidents are much more deadly...

Crypto Kong16:51:53 - 26 Nov 2018 [UTC]

Lol

Alex M - clockwork16:51:59 - 26 Nov 2018 [UTC]

Heh

Crypto Kong16:52:04 - 26 Nov 2018 [UTC]

We need a tank

Crypto Kong16:52:07 - 26 Nov 2018 [UTC]

😂

Cryptick Cryptick16:55:57 - 26 Nov 2018 [UTC]

Cryptokong123

We need a tank

those can be dangerous as well. Tanks do very poorly on soft soils in pits and in lakes and rivers....

nutela16:56:13 - 26 Nov 2018 [UTC]

Cryptick1

It should be a paid service IMHO

nutela16:56:13 - 26 Nov 2018 [UTC]

clockworkgr

how would anyone feel about a worker that will pay a prize to the best suggestion (in the form of a BSIP) on how to improve them ?

Only if you let people who either have skin in the game or pay for the proposal just to filter out free for alls.

Cryptick Cryptick16:59:51 - 26 Nov 2018 [UTC]

Cryptokong123

We need a tank

I am reminded of some of the Nazi World War 2 projects. They built some tanks and had designs for others that were so big you could not effectively move them over exisiting roads/bridges/ or fields for a good portion of the year. All modern tanks are right near the edge of what is the maxium weight size for a tank. One needs to consider all the factos in design.

Cryptick Cryptick17:03:46 - 26 Nov 2018 [UTC]

nut3l4

It should be a paid service IMHO

well I think a worker proposal for this would be appropriate. However, getting workers approved takes a lot of effort. Ideally, we want a simple low cost customer service rep, but there is a lot to getting worker proposals past.

Anand Sanjay17:13:07 - 26 Nov 2018 [UTC]

Hello

Loknar17:45:18 - 26 Nov 2018 [UTC]

clockworkgr

who chooses him? :D

It could be a simple worker proposal with links that back the skills and experties of the person in question and it could be issued by anyone..

Loknar17:47:42 - 26 Nov 2018 [UTC]

Cryptokong123

We need to create a less fragile system and presume no one will learn from this lol

System with low volume and liqudity will always be fragile...

Loknar17:50:52 - 26 Nov 2018 [UTC]

The only thing that can be effectively used is the MCR...Not only that 1.75 doesn't do the job at this circumstances, but it should also be dynamic, meaning it should change with market maturity / liquidity ..

Loknar17:51:24 - 26 Nov 2018 [UTC]

In a coded manner of course...

Valera Cogut17:51:46 - 26 Nov 2018 [UTC]

https://bitsharestalk.org/index.php?topic=27273.0;all

Valera Cogut17:55:45 - 26 Nov 2018 [UTC]

look the latest comment about dynamic MSSR based on market maturity / liquidity

Anand Sanjay18:09:48 - 26 Nov 2018 [UTC]

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Kristin Low18:30:39 - 26 Nov 2018 [UTC]

clockworkgr

how would anyone feel about a worker that will pay a prize to the best suggestion (in the form of a BSIP) on how to improve them ?

This is a great idea. Let's do it.

Kristin Low18:33:45 - 26 Nov 2018 [UTC]

Cryptokong123

Couldnt a financial consultant with tech knowledge just be hired?

Consultants are generally a waste of money, imho - at least for this stuff. Their expertise is better suited to situations that require decisive intervention with reference to best practice. There is no best practise around what we are doing, I think.

nutela18:45:31 - 26 Nov 2018 [UTC]

Loknar

It could be a simple worker proposal with links that back the skills and experties of the person in question and it could be issued by anyone..

I think the position should stand but people could rotate to fill it.

Loknar18:46:17 - 26 Nov 2018 [UTC]

Yeah, that's a good approach..

nutela18:46:21 - 26 Nov 2018 [UTC]

Kristin_Spark

What about business intelligence?

Kristin Low18:47:11 - 26 Nov 2018 [UTC]

nut3l4

What about business intelligence?

What do you mean?

Anand Sanjay18:48:02 - 26 Nov 2018 [UTC]

Heyy

Anand Sanjay18:48:16 - 26 Nov 2018 [UTC]

This is for bitcoin right

nutela18:48:33 - 26 Nov 2018 [UTC]

Anand Sanjay

This is for bitcoin right

Kristin Low18:48:35 - 26 Nov 2018 [UTC]

Anand Sanjay

This is for bitcoin right

Nope. Check the channel name, champ.

Anand Sanjay18:50:08 - 26 Nov 2018 [UTC]

/what happens here??

Anand Sanjay18:50:23 - 26 Nov 2018 [UTC]

So what happens here

Kristin Low18:51:34 - 26 Nov 2018 [UTC]

This channel is dedicated to discussing Bitshares. It's a blockchain that specialises in creating pegged assets, with the oldest decentralised exchange in the space built in.

nutela18:52:50 - 26 Nov 2018 [UTC]

Anand Sanjay

So what happens here

You can trade crypto on the DEX and it has stablecoins like bitUSD.

Anand Sanjay18:53:20 - 26 Nov 2018 [UTC]

Anand Sanjay18:53:47 - 26 Nov 2018 [UTC]

I'm a bitcoin miner

nutela18:56:52 - 26 Nov 2018 [UTC]

Anand Sanjay

I'm a bitcoin miner

We don’t mine, BitShares is DPOS.

Anand Sanjay18:57:13 - 26 Nov 2018 [UTC]

How

Kristin Low18:58:44 - 26 Nov 2018 [UTC]

Anand Sanjay

How

http://how.bitshares.works/en/master/technology/dpos.html

nutela18:58:48 - 26 Nov 2018 [UTC]

Anand Sanjay

How

Witnesses which you vote on.

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Charlie Dale20:19:46 - 26 Nov 2018 [UTC]

Crypto Kong20:25:23 - 26 Nov 2018 [UTC]

I wonder if another possible solution to clearing margin calls would be to allow users to bid on them in the gui like for the global settlement?

Crypto Kong20:26:50 - 26 Nov 2018 [UTC]

Once ratio gets to 1.2 anyone can bid on the called position

Alex M - clockwork20:30:08 - 26 Nov 2018 [UTC]

Cryptokong123

Once ratio gets to 1.2 anyone can bid on the called position

I posted in the forums about that

Alex M - clockwork20:30:16 - 26 Nov 2018 [UTC]

been discussing it most of the day

Crypto Kong20:30:57 - 26 Nov 2018 [UTC]

Oh lol

Crypto Kong20:31:05 - 26 Nov 2018 [UTC]

You have a link?

Crypto Kong20:31:19 - 26 Nov 2018 [UTC]

Or whats the thread called?

Alex M - clockwork20:31:41 - 26 Nov 2018 [UTC]

https://bitsharestalk.org/index.php?topic=27459.0

Crypto Kong20:32:03 - 26 Nov 2018 [UTC]

Great minds think alike... even if im a bit slower than the rest of you 😂

Crypto Kong20:32:14 - 26 Nov 2018 [UTC]

clockworkgr

https://bitsharestalk.org/index.php?topic=27459.0

Thanks

Luke Stokes20:48:29 - 26 Nov 2018 [UTC]

I've been involved with BitShares for a little while now and have written a number of posts on Steemit promoting it. Even after all this time, I didn't know about Global Settlements until today. I had about 11x coverage with my margin and thought I would be fine as I was under the impression less collateralized positions would get liquidated long before mine. The UI showed me the price would have to fall to $0.008 or so before I would get margin called. I was really surprised to see I got called at $0.0511 instead. I've read the pinned post and I'm still trying to wrap my head aound what happened and how it is that well collateralized positions got wiped out right along very poorly collateralized ones. What am I missing?

Luke Stokes20:50:26 - 26 Nov 2018 [UTC]

The whole "asset auction" thing is confusing me also and I'm wondering what steps I could (should?) take to recoup losses, if possible. Seems like those who understand the system profit from it at the expense of those who don't, which has been a long-running critique of BTS which I've regularly defended against. But now I'm seeing two new things I don't understand so I'm left confused.

Alex M - clockwork21:02:52 - 26 Nov 2018 [UTC]

Even if you've missed everything else about the mechanics,, the fact that global settlement happens when the LEAST collateralized position becomes undercollateralised is highly publicised and documented

Alex M - clockwork21:03:58 - 26 Nov 2018 [UTC]

This is what happened to bitusd. It globally settled because that's the last price at which the chain can guarantee fairness in the sense that everyone pays the same amount of collateral for the same amount of debt

Luke Stokes21:04:36 - 26 Nov 2018 [UTC]

How many times has this happened before?

Alex M - clockwork21:04:52 - 26 Nov 2018 [UTC]

On bitusd?

Luke Stokes21:04:55 - 26 Nov 2018 [UTC]

yeah

Alex M - clockwork21:05:06 - 26 Nov 2018 [UTC]

Once during the first month back in 2014 I think

Alex M - clockwork21:05:16 - 26 Nov 2018 [UTC]

Bitsilver since then

Alex M - clockwork21:05:19 - 26 Nov 2018 [UTC]

Bitgold

Alex M - clockwork21:05:22 - 26 Nov 2018 [UTC]

Bitbtc

Alex M - clockwork21:05:54 - 26 Nov 2018 [UTC]

And most fiat ones last couple of days except cny and eur I think

nutela21:05:58 - 26 Nov 2018 [UTC]

Hey Luke!

Luke Stokes21:06:01 - 26 Nov 2018 [UTC]

Thanks for the clarification also. Ensuring every one involved in the debt process is treated equally makes sense to me, but it's a bit dissappointing in that not everyone took the same level of risk so, from that perspective, not everyone should be treated equally.

Alex M - clockwork21:06:12 - 26 Nov 2018 [UTC]

lukestokes

True

Alex M - clockwork21:06:22 - 26 Nov 2018 [UTC]

But the only other option so far

Luke Stokes21:06:25 - 26 Nov 2018 [UTC]

Hasn't happened in 4 years... I thought it was rare for me to have missed it 🙂

Alex M - clockwork21:06:42 - 26 Nov 2018 [UTC]

Is to globally settle when the entire supply is undercollateralised

Dima BLCKCHND21:06:55 - 26 Nov 2018 [UTC]

clockworkgr

And most fiat ones last couple of days except cny and eur I think

Ruble fine as well

Alex M - clockwork21:07:00 - 26 Nov 2018 [UTC]

That would mean that you with your very low call price

Alex M - clockwork21:07:08 - 26 Nov 2018 [UTC]

End up paying the most

Alex M - clockwork21:07:15 - 26 Nov 2018 [UTC]

Which is much worse

Alex M - clockwork21:07:45 - 26 Nov 2018 [UTC]

Hence why it's fair to settle everyone at that price

Alex M - clockwork21:08:43 - 26 Nov 2018 [UTC]

technically you lose your leveraged position

Alex M - clockwork21:08:54 - 26 Nov 2018 [UTC]

in an ideal world

nutela21:09:05 - 26 Nov 2018 [UTC]

I think auctioning off undercollaterolized loans is a good idea.

Alex M - clockwork21:09:07 - 26 Nov 2018 [UTC]

the bidding process is what allows you to regain it

Alex M - clockwork21:09:21 - 26 Nov 2018 [UTC]

let's assume we have 2 positions

Alex M - clockwork21:09:39 - 26 Nov 2018 [UTC]

and a price of 10bts/bitusd

Alex M - clockwork21:09:46 - 26 Nov 2018 [UTC]

one is under collateralised

Alex M - clockwork21:09:54 - 26 Nov 2018 [UTC]

at cr 1.1

Alex M - clockwork21:10:15 - 26 Nov 2018 [UTC]

for 10 usd (so 110 BTS in collateral)

Alex M - clockwork21:10:40 - 26 Nov 2018 [UTC]

the other one is fine at 1.75

Alex M - clockwork21:10:55 - 26 Nov 2018 [UTC]

175 bts in collateral (for 10 usd)

Alex M - clockwork21:11:08 - 26 Nov 2018 [UTC]

the low one causes global settlement

Alex M - clockwork21:11:25 - 26 Nov 2018 [UTC]

the low one loses everything

Alex M - clockwork21:11:37 - 26 Nov 2018 [UTC]

but 10 bts

Crypto Kong21:11:59 - 26 Nov 2018 [UTC]

blockchained

Ruble is feeling fine as well

i heard bitcrabs thinking of starting market operations for ruble to help it on its natural path to GS 😂

nutela21:12:01 - 26 Nov 2018 [UTC]

Why not let me buy up the undercollaterolized loan?

Alex M - clockwork21:12:02 - 26 Nov 2018 [UTC]

the high one gets back 75 bts (ie they both pay 10 bts for the outstanding debt)

Alex M - clockwork21:12:36 - 26 Nov 2018 [UTC]

now...if you bid 75 BTS for your 10 USD debt

Alex M - clockwork21:12:47 - 26 Nov 2018 [UTC]

and someone (anyone) bids 75 bts for the other 10 usd

Alex M - clockwork21:12:57 - 26 Nov 2018 [UTC]

the asset would be revived

nutela21:13:01 - 26 Nov 2018 [UTC]

clockworkgr

the high one gets back 75 bts (ie they both pay 100 bts for the outstanding debt)

Yeah but you let bad debt sell all positions for a low price while you disincentivize people to add collatoral!

Alex M - clockwork21:13:10 - 26 Nov 2018 [UTC]

and youd get your exact position back

nutela21:14:08 - 26 Nov 2018 [UTC]

So it sounds fine but you lose all that BTS in that collateral.

nutela21:15:13 - 26 Nov 2018 [UTC]

It sure is cheaper to rebuy but then again it was even cheaper to sell the loan earlier!

Alex M - clockwork21:15:15 - 26 Nov 2018 [UTC]

nut3l4

So it sounds fine but you lose all that BTS in that collateral. I know you get the extra back… but what can you do next? Rebuy it?

I just explained how you get your position back in an ideal scenario

nutela21:15:45 - 26 Nov 2018 [UTC]

clockworkgr

I just explained how you get your position back in an ideal scenario

I’m reading it, but I’m pointing out the downsides, did you read and comprehend those as well?

Luke Stokes21:15:47 - 26 Nov 2018 [UTC]

Maybe you can help me understand this with my actual numbers, because I'm still lost

Alex M - clockwork21:15:48 - 26 Nov 2018 [UTC]

ok..unlikely that it happens...but it is the only way

Luke Stokes21:16:09 - 26 Nov 2018 [UTC]

`luke-stokes changed bitUSD debt by 2,000.0000 bitUSD and collateral by 400,000.00000 BTS`

Crypto Kong21:16:20 - 26 Nov 2018 [UTC]

How do we get involved in the auction?

Alex M - clockwork21:16:34 - 26 Nov 2018 [UTC]

nut3l4

I’m reading it, but I’m pointing out the downsides, did you read and comprehend those as well?

yes...and its not disincentivizing adding collateral

Luke Stokes21:16:35 - 26 Nov 2018 [UTC]

Later I bought some tasty BTS: `luke-stokes bought 45,959.64665 BTS at 0.0532 bitUSD/BTS for order #250689428`

Crypto Kong21:16:43 - 26 Nov 2018 [UTC]

Could this be implemented into the GUI?

Luke Stokes21:16:48 - 26 Nov 2018 [UTC]

and three days later, I get called: `luke-stokes sold 39,109.91958 BTS at 0.0511 bitUSD/BTS for order #105680`

Alex M - clockwork21:16:52 - 26 Nov 2018 [UTC]

Cryptokong123

Could this be implemented into the GUI?

its being added

Crypto Kong21:16:56 - 26 Nov 2018 [UTC]

nice

nutela21:17:05 - 26 Nov 2018 [UTC]

clockworkgr

yes...and its not disincentivizing adding collateral

Isn’t it? You sell unwillingly at that low price! How is that a good deal?

Luke Stokes21:17:13 - 26 Nov 2018 [UTC]

Cryptokong123

nice

I saw a staging link with it in there

nutela21:17:19 - 26 Nov 2018 [UTC]

Or am I missing someting?

Alex M - clockwork21:17:46 - 26 Nov 2018 [UTC]

you add collateral so you dont get called or settled

Alex M - clockwork21:17:54 - 26 Nov 2018 [UTC]

if everyone did the same we'd all be fine

Luke Stokes21:17:56 - 26 Nov 2018 [UTC]

@clockworkgr my example is a little confusing in that I had 440 or so bitusd as well that was real (not from margin)

nutela21:18:11 - 26 Nov 2018 [UTC]

I mean I borrowed when BTS was 12 cents now I sell it for 5.. that’s a huge loss.

Valera Cogut21:18:16 - 26 Nov 2018 [UTC]

Cryptokong123

How do we get involved in the auction?

Use cli_wallet

nutela21:18:27 - 26 Nov 2018 [UTC]

clockworkgr

you add collateral so you dont get called or settled

But I did

nutela21:18:51 - 26 Nov 2018 [UTC]

clockworkgr

if everyone did the same we'd all be fine

Well, we just saw that doesn’t help because some who don’t caused GS

Alex M - clockwork21:19:02 - 26 Nov 2018 [UTC]

nut3l4

But I did

if you hadnt, you wouldve lost it sooner

Crypto Kong21:19:13 - 26 Nov 2018 [UTC]

lukestokes

I saw a staging link with it in there

you cant just tease us like that... show us the link! lol

nutela21:19:14 - 26 Nov 2018 [UTC]

clockworkgr

if you hadnt, you wouldve lost it sooner

Exactly and it would be cheaper!

Alex M - clockwork21:19:23 - 26 Nov 2018 [UTC]

how can it be chaper to lose something?

nutela21:19:29 - 26 Nov 2018 [UTC]

I could have sold my debt at a higher price

Luke Stokes21:19:54 - 26 Nov 2018 [UTC]

clockworkgr

and youd get your exact position back

This is the part I'm still a little confused about... do I get my position back because the bitUSD from the fund gets transferred to me along with a new margin in place? That doesn't impact the money already lost from the call, right?

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Alex M - clockwork21:20:07 - 26 Nov 2018 [UTC]

lukestokes

yes

nutela21:20:09 - 26 Nov 2018 [UTC]

And I didn’t want to do that so I added collateral but it didn’t matter

Alex M - clockwork21:20:37 - 26 Nov 2018 [UTC]

yeah

Alex M - clockwork21:20:54 - 26 Nov 2018 [UTC]

but you didnt lose your additional collateral because you werent the least collateralised position

Luke Stokes21:21:08 - 26 Nov 2018 [UTC]

Cryptokong123

you cant just tease us like that... show us the link! lol

I forget now where I saw this: https://staging.bitshares.org/#/asset/USD

Alex M - clockwork21:21:34 - 26 Nov 2018 [UTC]

lukestokes

bitUSD debt is too huge for it to happen...but you can always try

nutela21:21:39 - 26 Nov 2018 [UTC]

So the GS sold my 6844 BTS for a measily price of 5 something cents… If I had known I had sold the debt at a far better price

Luke Stokes21:21:48 - 26 Nov 2018 [UTC]

clockworkgr

but you didnt lose your additional collateral because you werent the least collateralised position

Meaing I got some BTS back (because I was at 11x) and other people got almost completely liquidated with nothing, yes?

Alex M - clockwork21:21:57 - 26 Nov 2018 [UTC]

so if you had known the price would drop you wouldve sold higher

Alex M - clockwork21:22:02 - 26 Nov 2018 [UTC]

well duh sherclock

nutela21:22:04 - 26 Nov 2018 [UTC]

clockworkgr

but you didnt lose your additional collateral because you werent the least collateralised position

I know that, I get it

nutela21:22:29 - 26 Nov 2018 [UTC]

clockworkgr

so if you had known the price would drop you wouldve sold higher

Dude, how many times I have to tell you I would have kept adding collateral

Luke Stokes21:22:54 - 26 Nov 2018 [UTC]

nut3l4

Dude, how many times I have to tell you I would have kept adding collateral

Wouldn't have mattered, really. Your debt was called either way, as was mine.

nutela21:22:56 - 26 Nov 2018 [UTC]

So I repeat: Let ppl buy up bad debt, auction it off.

Luke Stokes21:23:01 - 26 Nov 2018 [UTC]

I was 11x+ and got called

Alex M - clockwork21:23:01 - 26 Nov 2018 [UTC]

lukestokes

Meaing I got some BTS back (because I was at 11x) and other people got almost completely liquidated with nothing, yes?

yes

Luke Stokes21:23:07 - 26 Nov 2018 [UTC]

everyone did

Crypto Kong21:23:14 - 26 Nov 2018 [UTC]

lukestokes

I forget now where I saw this: https://staging.bitshares.org/#/asset/USD

Thankyou!

Alex M - clockwork21:23:15 - 26 Nov 2018 [UTC]

everyone paid the same price for the debt

nutela21:23:15 - 26 Nov 2018 [UTC]

lukestokes

Wouldn't have mattered, really. Your debt was called either way, as was mine.

Sure because the systen allows people to have bad debt

nutela21:23:32 - 26 Nov 2018 [UTC]

clockworkgr

everyone paid the same price for the debt

Alex we know.

Crypto Kong21:23:41 - 26 Nov 2018 [UTC]

lol

Alex M - clockwork21:23:49 - 26 Nov 2018 [UTC]

youre mixing upo different things

Alex M - clockwork21:23:56 - 26 Nov 2018 [UTC]

i'm trying to explain mechanics

nutela21:23:56 - 26 Nov 2018 [UTC]

I’m saying it would have been better to auction off bad debt.

Luke Stokes21:23:57 - 26 Nov 2018 [UTC]

I was so tempted to close out my margin for about $90 in profit the other day also... bah. heheh.

Alex M - clockwork21:24:03 - 26 Nov 2018 [UTC]

your issue is with bsip42

nutela21:24:11 - 26 Nov 2018 [UTC]

clockworkgr

youre mixing upo different things

I’m not mixing, I’m offering up a better sollution IMHO

Alex M - clockwork21:24:25 - 26 Nov 2018 [UTC]

so stop confusing people who want to understand the mechanics you never bothered to read ip on

nutela21:24:52 - 26 Nov 2018 [UTC]

clockworkgr

so stop confusing people who want to understand the mechanics you never bothered to read ip on

I’m not confusing people, maybe you are confused. I’m say auction off bad debt.

Alex M - clockwork21:24:58 - 26 Nov 2018 [UTC]

jesus fuck

nutela21:24:59 - 26 Nov 2018 [UTC]

nutela first have to understand the existing system before suggesting improvements

nutela21:25:04 - 26 Nov 2018 [UTC]

That’s all I’m saying

nutela21:25:19 - 26 Nov 2018 [UTC]

lukestokes

nutela first have to understand the existing system before suggesting improvements

Alex has just explained it 3x

Luke Stokes21:25:21 - 26 Nov 2018 [UTC]

nut3l4

That’s all I’m saying

Don't anger the people building the cool shit. 🙂

Alex M - clockwork21:25:34 - 26 Nov 2018 [UTC]

the fucking system auctions off debt as margin calls at 10% BELOW feed price

nutela21:25:38 - 26 Nov 2018 [UTC]

lukestokes

Don't anger the people building the cool shit. 🙂

I’ll build along soon don’t worry

Alex M - clockwork21:25:39 - 26 Nov 2018 [UTC]

that fucking works

Alex M - clockwork21:25:45 - 26 Nov 2018 [UTC]

and it is fucking auctioning off bad debt

nutela21:25:46 - 26 Nov 2018 [UTC]

OK great

Alex M - clockwork21:25:55 - 26 Nov 2018 [UTC]

your problem is with the high feed price

Alex M - clockwork21:26:12 - 26 Nov 2018 [UTC]

thats bsip 42 and its no fucking part in the mechanics im trying to explain

Alex M - clockwork21:26:23 - 26 Nov 2018 [UTC]

so stop butting in when im trying to explain

Luke Stokes21:26:24 - 26 Nov 2018 [UTC]

Was the feed price artifically manipulated to cause this event?

nutela21:26:26 - 26 Nov 2018 [UTC]

clockworkgr

thats bsip 42 and its no fucking part in the mechanics im trying to explain

OK man I fucking get it

Crypto Kong21:27:00 - 26 Nov 2018 [UTC]

nut3l4

OK man I fucking get it

no need to be like that...

Alex M - clockwork21:27:16 - 26 Nov 2018 [UTC]

lukestokes

Was the feed price artifically manipulated to cause this event?

yes and no but opinions may vary on that depending on who you ask

nutela21:27:28 - 26 Nov 2018 [UTC]

I know I didn’t start swearing. I apologize. Sorry Alex

Luke Stokes21:27:33 - 26 Nov 2018 [UTC]

clockworkgr

yes and no but opinions may vary on that depending on who you ask

interesting. thanks again for spending the time to explain things

Alex M - clockwork21:27:39 - 26 Nov 2018 [UTC]

feed price has been manipulated for a few months now

Alex M - clockwork21:27:47 - 26 Nov 2018 [UTC]

in order to ensure a tighter peg

Crypto Kong21:27:49 - 26 Nov 2018 [UTC]

Cryptokong123

no need to be like that...

and you alex lol

Alex M - clockwork21:27:58 - 26 Nov 2018 [UTC]

that's the so-called BSIP42

Luke Stokes21:28:09 - 26 Nov 2018 [UTC]

I'm reading the thread now

Alex M - clockwork21:28:16 - 26 Nov 2018 [UTC]

it has worked to tighten the peg

Crypto Kong21:28:23 - 26 Nov 2018 [UTC]

its not a nice situation for any of us but lets try and stay civil :)

Alex M - clockwork21:28:25 - 26 Nov 2018 [UTC]

but also stopped bad debt from being bought

Alex M - clockwork21:28:57 - 26 Nov 2018 [UTC]

some would say by design

nutela21:28:58 - 26 Nov 2018 [UTC]

TBH I read the BSIP42 a while ago and I said it was badly written but ok… No need to fight right? 🤗

Alex M - clockwork21:29:14 - 26 Nov 2018 [UTC]

i would say it was overly cautious when it came to downtrends

nutela21:29:26 - 26 Nov 2018 [UTC]

Cryptokong123

its not a nice situation for any of us but lets try and stay civil :)

Yeah I agree, sorry Alex, you’re the man

Alex M - clockwork21:29:48 - 26 Nov 2018 [UTC]

end result being it left too much "bad" debt in teh books

Crypto Kong21:29:52 - 26 Nov 2018 [UTC]

Alex has spent a lot of time explaining this over and over to a lot of people :)

Alex M - clockwork21:30:25 - 26 Nov 2018 [UTC]

at the same time it gave some more time before global settlement

nutela21:30:32 - 26 Nov 2018 [UTC]

Cryptokong123

Alex has spent a lot of time explaining this over and over to a lot of people :)

True. He’s doing a good job. but it takes time. Because it looked like the bad debt wasn’t sold.

Alex M - clockwork21:30:45 - 26 Nov 2018 [UTC]

depending on who you ask you'll get a 100 different answers

Alex M - clockwork21:30:55 - 26 Nov 2018 [UTC]

on whether it caused /worsened GS

Alex M - clockwork21:31:01 - 26 Nov 2018 [UTC]

or whether GS would ve happened anyway

Alex M - clockwork21:31:20 - 26 Nov 2018 [UTC]

to be fair...we hadnt seen a drop like this since 2013

nutela21:31:23 - 26 Nov 2018 [UTC]

We’d have to analyze it

Crypto Kong21:31:46 - 26 Nov 2018 [UTC]

IMO it would have happened anyway... just with all the fucking around it probably sold everyone out at a worse price

Alex M - clockwork21:31:49 - 26 Nov 2018 [UTC]

even analysing...cant really predict sentiment and whetehr people would behave the same way if you change the variables

Alex M - clockwork21:32:12 - 26 Nov 2018 [UTC]

so yeah....not gonna talk more on that part

Alex M - clockwork21:32:19 - 26 Nov 2018 [UTC]

everyoen has their own opinion

Alex M - clockwork21:32:26 - 26 Nov 2018 [UTC]

anyway

nutela21:32:27 - 26 Nov 2018 [UTC]

clockworkgr

even analysing...cant really predict sentiment and whetehr people would behave the same way if you change the variables

Well it would be good to calculate what the GS price would be when bad debt was sold off sooner...

Alex M - clockwork21:32:37 - 26 Nov 2018 [UTC]

well

nutela21:32:40 - 26 Nov 2018 [UTC]

And maybe know if a GS would have happened at all..

Alex M - clockwork21:32:42 - 26 Nov 2018 [UTC]

you dont know that

Alex M - clockwork21:32:55 - 26 Nov 2018 [UTC]

because you dont know whether peopel would be buying or not

Crypto Kong21:33:11 - 26 Nov 2018 [UTC]

We should focus on how to move forward rather than thinking about what/ if's

Alex M - clockwork21:33:20 - 26 Nov 2018 [UTC]

REGARDLESS

nutela21:33:29 - 26 Nov 2018 [UTC]

That’s why I say, analyze, put in the numbers and you’ll know. Nobody is paying me so I won’t do it. I’m not knowledgeable enough anyway

Alex M - clockwork21:33:35 - 26 Nov 2018 [UTC]

some position finally became undercollateralized

Alex M - clockwork21:33:44 - 26 Nov 2018 [UTC]

at that point the asset globally settled

Alex M - clockwork21:33:51 - 26 Nov 2018 [UTC]

because thats the LAST price

Alex M - clockwork21:34:20 - 26 Nov 2018 [UTC]

at which it can guarantee that everyone pays the same....after that price, the lowest collateralised position ends up better off than the higher ones

nutela21:34:23 - 26 Nov 2018 [UTC]

clockworkgr

because you dont know whether peopel would be buying or not

Good point but you can predict that with a certain degree of certainty

Alex M - clockwork21:34:44 - 26 Nov 2018 [UTC]

which is obviously unfair

Alex M - clockwork21:35:11 - 26 Nov 2018 [UTC]

so everyone pays same price...anyone with extra collateral (over 1 CR) gets it back

Alex M - clockwork21:35:32 - 26 Nov 2018 [UTC]

now the chain holds a settlement fund

Alex M - clockwork21:35:39 - 26 Nov 2018 [UTC]

and the entire debt

Junaid Tauseef21:35:43 - 26 Nov 2018 [UTC]

Hey

Alex M - clockwork21:35:48 - 26 Nov 2018 [UTC]

as a position with a 1 CR

nutela21:35:50 - 26 Nov 2018 [UTC]

Anyway, I want you to know Alex and everyone. I and I think I can say this for most of us, we really appreciate you and everyone. We love BitShares, if we wouldn’t we would just move on right? 🤗

Alex M - clockwork21:36:16 - 26 Nov 2018 [UTC]

in order to revive the asset, the debt must be backed at 1.75 CR again

Alex M - clockwork21:36:40 - 26 Nov 2018 [UTC]

that means a) bts price rises enough so that the settlement fund covers 1.75 the debt

Alex M - clockwork21:37:36 - 26 Nov 2018 [UTC]

b) people bid enough collateral to "buy" back debt positions (so bidding an additional 0.75x the settlement fund for the entire of the debt in total)

Alex M - clockwork21:38:05 - 26 Nov 2018 [UTC]

c) all bitUSD gets settled so debt is 0 and settlement fund is 0....

nutela21:38:51 - 26 Nov 2018 [UTC]

What is the debt now?

Alex M - clockwork21:39:03 - 26 Nov 2018 [UTC]

aroudn 7.7m USD

Alex M - clockwork21:39:05 - 26 Nov 2018 [UTC]

7.5

Alex M - clockwork21:39:17 - 26 Nov 2018 [UTC]

about 148m BTS in the settlement fund

Crypto Kong21:39:33 - 26 Nov 2018 [UTC]

i wonder how much of the bitUSD is actually active

Crypto Kong21:39:38 - 26 Nov 2018 [UTC]

and not lost etc

Alex M - clockwork21:39:41 - 26 Nov 2018 [UTC]

define active

Alex M - clockwork21:39:47 - 26 Nov 2018 [UTC]

Crypto Kong21:39:57 - 26 Nov 2018 [UTC]

so like in account that still have access

Crypto Kong21:40:07 - 26 Nov 2018 [UTC]

not lost keys

Crypto Kong21:40:26 - 26 Nov 2018 [UTC]

i also wonder when the last time it all moved

Alex M - clockwork21:40:28 - 26 Nov 2018 [UTC]

most of it

Crypto Kong21:40:44 - 26 Nov 2018 [UTC]

maybe that would make for another interesting map like what xeroc did with nodes

Alex M - clockwork21:40:45 - 26 Nov 2018 [UTC]

foundation holds about 0.5m to pay workers

Alex M - clockwork21:41:05 - 26 Nov 2018 [UTC]

blocktrades holds a lot for payments too

Alex M - clockwork21:41:11 - 26 Nov 2018 [UTC]

http://open-explorer.io/#/assets/1.3.121

Alex M - clockwork21:41:18 - 26 Nov 2018 [UTC]

go to top holders at the bottom

Crypto Kong21:41:55 - 26 Nov 2018 [UTC]

interesting!

Crypto Kong21:43:07 - 26 Nov 2018 [UTC]

I wonder alex seeing as your now a high ranking commitee member... 😜 would the comitee ever consider running a fiat gateway where you could buy bitUSD direct

Crypto Kong21:43:14 - 26 Nov 2018 [UTC]

that would help keep the peg right?

Alex M - clockwork21:44:16 - 26 Nov 2018 [UTC]

not really a committee thing

Alex M - clockwork21:44:26 - 26 Nov 2018 [UTC]

must be done by an individual

Alex M - clockwork21:44:38 - 26 Nov 2018 [UTC]

ofcourse we'd support/help if we could

Crypto Kong21:44:49 - 26 Nov 2018 [UTC]

it could be voted in by a worker though? and ran by the comitee?

Alex M - clockwork21:44:51 - 26 Nov 2018 [UTC]

I've considered it on a personal level for bitEUR

Pierre Nathan21:44:56 - 26 Nov 2018 [UTC]

https://t.me/joinchat/AAAAAE6Rf6mhcYmu97U32w

Alex M - clockwork21:45:07 - 26 Nov 2018 [UTC]

Cryptokong123

it could be voted in by a worker though? and ran by the comitee?

legalities....it cant be ran by the committee

Crypto Kong21:45:13 - 26 Nov 2018 [UTC]

Alex M - clockwork21:45:33 - 26 Nov 2018 [UTC]

must be an actual business with an owner....an address

Alex M - clockwork21:45:34 - 26 Nov 2018 [UTC]

etc.

nutela21:45:36 - 26 Nov 2018 [UTC]

clockworkgr

ofcourse we'd support/help if we could

I’m betting on PalmPay and their tellers

Crypto Kong21:45:43 - 26 Nov 2018 [UTC]

ah right good point

Crypto Kong21:46:20 - 26 Nov 2018 [UTC]

nut3l4

I’m betting on PalmPay and their tellers

im very hopeful for palmpay to be a success

nutela21:46:25 - 26 Nov 2018 [UTC]

But that will take a while

nutela21:47:10 - 26 Nov 2018 [UTC]

It’s safer to buy BTS or bitUSD for cash with a local merchant than have a bank account…

nutela21:48:02 - 26 Nov 2018 [UTC]

http://open-explorer.io/#/markets/USD/LAMBO/ LOL

Jeff21:49:43 - 26 Nov 2018 [UTC]

Settlement price was down to ~.0484 last time I looked on Saturday. Did it go up or is the .0511 price set by another mechanism?

Crypto Kong21:51:06 - 26 Nov 2018 [UTC]

Jedebel

Settlement price was down to ~.0484 last time I looked on Saturday. Did it go up or is the .0511 price set by another mechanism?

settlement is fixed at 0.0511 until asset is revived i believe

Alex M - clockwork21:51:25 - 26 Nov 2018 [UTC]

Yeah..

Alex M - clockwork21:51:37 - 26 Nov 2018 [UTC]

UI was fixed to better display that

Alex M - clockwork21:51:46 - 26 Nov 2018 [UTC]

Should be hot fixed soon

Alex M - clockwork21:52:05 - 26 Nov 2018 [UTC]

Gs price is constant till asset is revived

Jeff21:53:05 - 26 Nov 2018 [UTC]

Yes, I know. I was watching the settlement price and it was .0484. I was wondering how .0511 was set....or did the settlement price increase?

Crypto Kong21:53:56 - 26 Nov 2018 [UTC]

Jedebel

Yes, I know. I was watching the settlement price and it was .0484. I was wondering how .0511 was set....or did the settlement price increase?

thats probably just calculated from a feed price

Crypto Kong21:54:09 - 26 Nov 2018 [UTC]

but its fixed until all outstanding debt is settled

Mick [BTS][eostalk.io]22:04:48 - 26 Nov 2018 [UTC]

Brb, gonna drop some acid, throw on binaural beats and meditate on GS.

Mick [BTS][eostalk.io]22:04:55 - 26 Nov 2018 [UTC]

😆

nutela22:05:09 - 26 Nov 2018 [UTC]

Mickey200

Brb, gonna drop some acid, throw on binaural beats and meditate on GS.

😂

Alex M - clockwork22:06:15 - 26 Nov 2018 [UTC]

Mickey200

Brb, gonna drop some acid, throw on binaural beats and meditate on GS.

More people should do that :D

nutela22:07:08 - 26 Nov 2018 [UTC]

I’m wondering when there was more bad debt it also kept the supply of BTS lower… 🤔

Jane karen22:07:43 - 26 Nov 2018 [UTC]

From this point crypto will surely rise. Just invest. If you want to increase your holdings do so by learning to trade. Buy low sell high, buy back in low. Free crypto.

nutela22:08:59 - 26 Nov 2018 [UTC]

But if those positions would be sold off sooner, the price wouldn’t have dropped so fast..

Jeff22:09:08 - 26 Nov 2018 [UTC]

Anyone having problems with the Dex in US. All I get is a white screen.

nutela22:09:29 - 26 Nov 2018 [UTC]

Check your computer time

Georgy22:10:07 - 26 Nov 2018 [UTC]

Jedebel

Anyone having problems with the Dex in US. All I get is a white screen.

same

Georgy22:10:10 - 26 Nov 2018 [UTC]

I'm in CHina

fractalnode22:10:15 - 26 Nov 2018 [UTC]

every wallet down for me

Mick [BTS][eostalk.io]22:10:17 - 26 Nov 2018 [UTC]

clockworkgr

More people should do that :D

BSIP in t-12 hours.

Georgy22:10:32 - 26 Nov 2018 [UTC]

sparkdex, and rudex don't work to me

Crypto Kong22:11:59 - 26 Nov 2018 [UTC]

ironandcopper

sparkdex, and rudex don't work to me

google: syncing clock with internet time server

Crypto Kong22:12:11 - 26 Nov 2018 [UTC]

its easy, should sort it

Valera Cogut22:12:23 - 26 Nov 2018 [UTC]

for cli_wallet too ?

Crypto Kong22:12:24 - 26 Nov 2018 [UTC]

fractalnode

every wallet down for me - EU RUDEX, Cryptobridge, reference wallet

sync clock