Bitshares DEX Telegram History

Cryptick Cryptick20:46:48 - 30 Nov 2018 [UTC]

clockworkgr

thats what i mean...would never produce teh same results

So you would match the biometerics to the data base. That would give you the customer # or hash. The orginal photo would be hashed and encrypted -in case of despute resoltuion- and the hash of the transaction -which inlcudes the has of photo and hash of matched ID would all be matched. People would also be able to provice a voluntary ID (ie a name) which would also act as a check that the matched profile is the right one.

Alex M - clockwork20:49:04 - 30 Nov 2018 [UTC]

octomatic

registered on bitshares talk same as this username : octomatic

approved

Cryptick Cryptick20:49:05 - 30 Nov 2018 [UTC]

If you tossed in some other basics -like GPS corrdinates, phone number, ect it would all work.

Cryptick Cryptick20:49:44 - 30 Nov 2018 [UTC]

Althought that would totally fail the aninimity side of things.

Loni Barret21:51:59 - 30 Nov 2018 [UTC]

The crypto world is booming. Some are profiting while others are losing !

Carsten21:54:09 - 30 Nov 2018 [UTC]

Cryptick1

Well it might not be that hard, one could use the facial recognition software to create a unique ID and use that. It is not historically unpecedented, back in the fronteir days people knew each other and when you went into the store you put it on the account. In much the same way we borrow tools from a neighbor.

that’s not the same... see alex comment

Investor Networks22:34:47 - 30 Nov 2018 [UTC]

Les comparto un pequeño micrositio de puras noticias fundamentales referente a los activos digitales el cual tiene más de 30 fuentes especializadas y sumando https://goo.gl/5tSuYK

Danielle Karen22:39:46 - 30 Nov 2018 [UTC]

Coyly Emerald

Hello guys

Hi there

Danielle Karen22:41:55 - 30 Nov 2018 [UTC]

lonibarret

The crypto world is booming. Some are profiting while others are losing !

That's true. I'm glad I don't have to loose in this markets states too☺

Salsabilla22:57:30 - 30 Nov 2018 [UTC]

DON'T FALL FOR SCAMMERS,JOIN THE REAL AND AWESOME PLATFORM...https://tradeveinyard.co/?ref=Salsabilla1 IS HERE FOR YOU. AM A WITNESS WITH MY EMAIL PROOF,THE SITE PAYS AND WITHDRAW IS INSTANT STRAIGHT TO YOUR WALLET. TRY IT LADIES AND GENTLEMAN💥 You can inbox me if you need some clarification 💌

Loni Barret23:36:25 - 30 Nov 2018 [UTC]

Nice

Vanessa Boles00:34:25 - 01 Dec 2018 [UTC]

lonibarret

The crypto world is booming. Some are profiting while others are losing !

That’s very true

robertwilliam✌00:37:15 - 01 Dec 2018 [UTC]

nowaday because of the current uncertainty of the crypto market investors emotions now tends to wave as the market price does

Vanessa Boles00:37:29 - 01 Dec 2018 [UTC]

robert_williams1

nowaday because of the current uncertainty of the crypto market investors emotions now tends to wave as the market price does

😂

robertwilliam✌00:38:13 - 01 Dec 2018 [UTC]

those who knows the right source never shakes in time like this

robertwilliam✌00:38:23 - 01 Dec 2018 [UTC]

this xmas must be good

Carsten00:54:33 - 01 Dec 2018 [UTC]

but in separate window it works stable

Carsten00:54:33 - 01 Dec 2018 [UTC]

or dex simply loses connection

Carsten00:54:33 - 01 Dec 2018 [UTC]

open dex webpage in separate window not a tab and keep it

Carsten00:54:33 - 01 Dec 2018 [UTC]

maybe that helps to identify the issue some seem to have... forwarding that for Georgy since his telegram account has been blocked from posting in public channels

Carsten00:54:33 - 01 Dec 2018 [UTC]

guys, I found a solution if you have frequent DEX disconnections lol

Carsten00:54:33 - 01 Dec 2018 [UTC]

if you switch from tab to tab in your browser it doesn't keep the connection

Carsten00:56:41 - 01 Dec 2018 [UTC]

didn’t try myself since i never use the webversion, but i know there’s some common mistake with integration of sessions and websockets in conjunction with tabbed browsing ... just don’t remember the details, but maybe somebody here does

Salsabilla00:57:06 - 01 Dec 2018 [UTC]

Salsabilla00:57:23 - 01 Dec 2018 [UTC]

Who wants to earn Bitcoin with just 20$

Salsabilla00:57:34 - 01 Dec 2018 [UTC]

I can refer you to the platform

Salsabilla00:57:46 - 01 Dec 2018 [UTC]

Just inbox me

Salsabilla00:57:55 - 01 Dec 2018 [UTC]

Just DM me

Carsten00:58:26 - 01 Dec 2018 [UTC]

or maybe you’re using a csrf token that conflicts with multiple tabs... think thats fundamentally the same issue i think to remember with websockets... can be mitigated by giving them an id per tab

mrs mrs00:58:57 - 01 Dec 2018 [UTC]

If you are ready to invest in btc You can chat me up

Blopblopp01:21:13 - 01 Dec 2018 [UTC]

Blopblopp01:22:01 - 01 Dec 2018 [UTC]

Does Dan larmier still work sometimes here or not?

Blopblopp01:23:32 - 01 Dec 2018 [UTC]

Larimer*

Werhhh01:23:48 - 01 Dec 2018 [UTC]

On BTS? No

Blopblopp01:25:31 - 01 Dec 2018 [UTC]

When He leaves ?

bench01:30:26 - 01 Dec 2018 [UTC]

he already left two years ago

Jenny Cooper01:32:42 - 01 Dec 2018 [UTC]

If you are interested to invest in binary option or know how it works you can inbox me

R01:43:36 - 01 Dec 2018 [UTC]

habibi7

he already left two years ago

Maybe closer to 3 now, no?

Blopblopp01:44:59 - 01 Dec 2018 [UTC]

habibi7

he already left two years ago

Thk

Blopblopp01:45:08 - 01 Dec 2018 [UTC]

For funding steem?

bench01:45:35 - 01 Dec 2018 [UTC]

for working on eos

Blopblopp01:46:46 - 01 Dec 2018 [UTC]

And he never came back To see the developement

bench01:47:59 - 01 Dec 2018 [UTC]

Stan is still watching his own projects, but the projects are now community only

Werhhh01:48:14 - 01 Dec 2018 [UTC]

Maybe BEOS

Blopblopp01:48:28 - 01 Dec 2018 [UTC]

bench01:48:49 - 01 Dec 2018 [UTC]

BEOS is Stan, EOS = Dan

bench01:48:52 - 01 Dec 2018 [UTC]

my mistake

Blopblopp01:49:02 - 01 Dec 2018 [UTC]

Lol

Blopblopp01:49:22 - 01 Dec 2018 [UTC]

Thk

螃蟹

螃蟹01:52:11 - 01 Dec 2018 [UTC]

https://bitsharestalk.org/index.php?topic=27486.msg325664#msg325664

docker02:48:15 - 01 Dec 2018 [UTC]

Does anyone know of fmz quant? I heard that normal users could write trading bot on their platform for selling profit. How does they do that?

yaniareu03:39:21 - 01 Dec 2018 [UTC]

yaniareu03:43:04 - 01 Dec 2018 [UTC]

Hello admin and friends at bitshares, I want to ask if BITUSD can use walletwallet? honestly I'm confused to exchange it, is there an option for that ?? please give me a suggestion

yaniareu03:44:07 - 01 Dec 2018 [UTC]

Hello admin and friends at bitshares, I want to ask if BITUSD can use erc20 wallet? honestly I'm confused to exchange it, is there an option for that ?? please give me a suggestion

Alex M - clockwork06:18:16 - 01 Dec 2018 [UTC]

yaniareu

Hello admin and friends at bitshares, I want to ask if BITUSD can use erc20 wallet? honestly I'm confused to exchange it, is there an option for that ?? please give me a suggestion

no.there is no real erc20 bitUSD..if you see any its a scam

Riboelvins06:21:25 - 01 Dec 2018 [UTC]

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B06:24:09 - 01 Dec 2018 [UTC]

gencdahi

is GS price fixed?

What'slll

Alex M - clockwork06:24:47 - 01 Dec 2018 [UTC]

gencdahi

is GS price fixed?

yes

Mathew06:33:23 - 01 Dec 2018 [UTC]

BitCNY margins are looking much healthier despite BTS still being low - I guess margins are clearing now with BSIP42 off?

Alex M - clockwork06:37:17 - 01 Dec 2018 [UTC]

yep

Alex M - clockwork06:37:28 - 01 Dec 2018 [UTC]

getting some work done :)

Alex M - clockwork06:37:31 - 01 Dec 2018 [UTC]

@favdesu

Fabian Schuh06:37:32 - 01 Dec 2018 [UTC]

🎉🎉🎉🎉

Slavi La Libertad06:38:07 - 01 Dec 2018 [UTC]

Nice. 😎

Fabian Schuh06:38:58 - 01 Dec 2018 [UTC]

matle85

BitCNY margins are looking much healthier despite BTS still being low - I guess margins are clearing now with BSIP42 off?

60% of all bitcny are still below 175% https://bitassets.bitshares.eu/#/CNY

Fabian Schuh06:40:23 - 01 Dec 2018 [UTC]

but the number of shorters almost quadroupled in the last month

Joe, Son of Bob, Uncle to Tom06:41:26 - 01 Dec 2018 [UTC]

Timing? https://billionherocampaign.com/author/celebrityhero/evander-holyfield-humanitarian-disaster-preparedness/ https://dailyhodl.com/2018/11/30/celebrities-pay-hefty-sec-fines-for-unlawfully-tweeting-and-promoting-icos/ https://www.sec.gov/litigation/investreport/34-81207.pdf

Mathew06:48:42 - 01 Dec 2018 [UTC]

xeroc

60% of all bitcny are still below 175% https://bitassets.bitshares.eu/#/CNY

Yeah not great but nice to see the gap between GS and current price increasing. When you say shorters you mean people who have created bitUSD? I always find the terminology muddled as I understand that is what is technically happening but these people tend to be buying more BTS with the bitCNY so they're not really shorters 🤔

Aleksandr Kwaskoff @finteh06:51:15 - 01 Dec 2018 [UTC]

matle85

Everybody can be shorters BTS__USD

Aleksandr Kwaskoff @finteh06:52:00 - 01 Dec 2018 [UTC]

You can buy USD or collateral it, like you think market move

Mathew06:57:12 - 01 Dec 2018 [UTC]

If you are a 'shorter' on BTS (ie think the price will drop) then you would buy bitCNY/USD but why would you create bitCNY/USD?

Mathew06:58:15 - 01 Dec 2018 [UTC]

You're just exposing yourself to margin risk as the price drops. The only reason to create bitCNY is because you believe the price is going up in something you can buy with that created bitCNY.

Aleksandr Kwaskoff @finteh06:58:22 - 01 Dec 2018 [UTC]

matle85

If you are a 'shorter' on BTS (ie think the price will drop) then you would buy bitCNY/USD but why would you create bitCNY/USD?

create when you think the price will top

Aleksandr Kwaskoff @finteh06:58:45 - 01 Dec 2018 [UTC]

matle85

You're just exposing yourself to margin risk as the price drops. The only reason to create bitCNY is because you believe the price is going up in something you can buy with that created bitCNY.

yep

Fabian Schuh07:15:41 - 01 Dec 2018 [UTC]

matle85

Yeah not great but nice to see the gap between GS and current price increasing. When you say shorters you mean people who have created bitCNY? I always find the terminology muddled as I understand that is what is technically happening but these people tend to be buying more BTS with the bitCNY so they're not really shorters 🤔

yeah, i meant 60% of the bitCNY call positions are below 175%

Crypto Kong08:14:09 - 01 Dec 2018 [UTC]

clockworkgr

Very nice

Stefan08:16:10 - 01 Dec 2018 [UTC]

carstennn

if you switch from tab to tab in your browser it doesn't keep the connection

When the tab is not active, UI does not automatically reconnect. If it is visible, it automatically reconnects

Stefan08:16:21 - 01 Dec 2018 [UTC]

clockworkgr

Weeehooo!

yaniareu08:26:30 - 01 Dec 2018 [UTC]

clockworkgr

no.there is no real erc20 bitUSD..if you see any its a scam

ok thanks

Abit More08:32:27 - 01 Dec 2018 [UTC]

Ole

Current feed price 0.0477 and settlement 0.0482

As I said above your message, UI trading page shows settlement price derived from feed, but not GS price. New asset page will show GS info, is in progress

Stefan08:52:22 - 01 Dec 2018 [UTC]

abitmore

As I said above your message, UI trading page shows settlement price derived from feed, but not GS price. New asset page will show GS info, is in progress

That's already live (181129), exchange shows global settlement now

Carsten09:07:16 - 01 Dec 2018 [UTC]

sschiessl

When the tab is not active, UI does not automatically reconnect. If it is visible, it automatically reconnects

apparently doesn’t work for many... why even disconnect when tab becomes inactive?

Stefan09:18:21 - 01 Dec 2018 [UTC]

carstennn

apparently doesn’t work for many... why even disconnect when tab becomes inactive?

It doesn't disconnect. Only doesn't reconnect if connection lost

Abit More09:44:33 - 01 Dec 2018 [UTC]

sschiessl

That's already live (181129), exchange shows global settlement now

Good to know. Thanks

Abit More09:45:41 - 01 Dec 2018 [UTC]

Ole

Current feed price 0.0477 and settlement 0.0482

Which version were you on? See above

Omar09:49:35 - 01 Dec 2018 [UTC]

No good news for bitshares in pipeline? Maybe something regarding adoption?

Vanessa Boles09:58:00 - 01 Dec 2018 [UTC]

Happy new month everyone

Alexander Bartek10:00:48 - 01 Dec 2018 [UTC]

Earn money with easy steps

Alexander Bartek10:01:03 - 01 Dec 2018 [UTC]

New month project

Alexander Bartek10:01:18 - 01 Dec 2018 [UTC]

Text if interested

Alexander Bartek10:03:01 - 01 Dec 2018 [UTC]

Blockchain integration to mining pool

Crypto Kong10:08:14 - 01 Dec 2018 [UTC]

paathi

No good news for bitshares in pipeline? Maybe something regarding adoption?

My mate said he might start using dex next week 👍

Crypto Kong10:08:21 - 01 Dec 2018 [UTC]

Ill keep you posted

R10:52:40 - 01 Dec 2018 [UTC]

matle85

BitCNY margins are looking much healthier despite BTS still being low - I guess margins are clearing now with BSIP42 off?

Sounds good lol

R10:52:53 - 01 Dec 2018 [UTC]

clockworkgr

Wow that looks great! 👍

Alex M - clockwork11:06:05 - 01 Dec 2018 [UTC]

cmmob

Wow that looks great! 👍

Vanessa Boles11:09:26 - 01 Dec 2018 [UTC]

clockworkgr

What’s this ?

startail11:14:18 - 01 Dec 2018 [UTC]

Bid collateral is now possible through the wallet. I will submit a PR in a while.

Stefan11:14:52 - 01 Dec 2018 [UTC]

fatandfancy

What’s this ?

Here is a short explanation and link to github BitSharesVotes.com

startail11:15:35 - 01 Dec 2018 [UTC]

Bid collateral is now possible through the wallet. I will submit a PR in a while.

Stefan11:15:35 - 01 Dec 2018 [UTC]

Here a short update regarding UI and GS, will come next week then

Vanessa Boles11:16:16 - 01 Dec 2018 [UTC]

sschiessl

Here is a short explanation and link to github BitSharesVotes.com

Okay

nutela11:25:27 - 01 Dec 2018 [UTC]

Cryptick1

So you would match the biometerics to the data base. That would give you the customer # . The orginal photo would be encryptoed and hashed -in case of despute resoltuion- and the hash of the transaction -which inlcudes the hash of photo and hash of matched ID would all be matched. People would also be able to provide a voluntary ID (ie a name) which would also act as a check that the matched profile is the right one.

You need something like MS’ PhotoDNA for that

nutela11:26:52 - 01 Dec 2018 [UTC]

clockworkgr

Nice is that like multiple keyholes? And what’s ‘hair’ on top?

Alex M - clockwork11:27:14 - 01 Dec 2018 [UTC]

It's a beet

nutela11:27:30 - 01 Dec 2018 [UTC]

Oh right 😂 sorry!

Alex M - clockwork11:27:40 - 01 Dec 2018 [UTC]

nutela11:27:59 - 01 Dec 2018 [UTC]

But are these multiple keyholes?

Alex M - clockwork11:28:11 - 01 Dec 2018 [UTC]

Podanrj who won the logo design contest did an awesome job delivering a style guide I tasked him with

nutela11:28:14 - 01 Dec 2018 [UTC]

BTW I wonder what the bitCNY marketshare is.. https://www.coindesk.com/stablecoin-purchases-surged-amid-wednesdays-crypto-market-drop

Alex M - clockwork11:28:41 - 01 Dec 2018 [UTC]

nut3l4

But are these multiple keyholes?

Yeah...it's key management/signing software after all

nutela11:28:45 - 01 Dec 2018 [UTC]

clockworkgr

Podanrj who won the logo design contest did an awesome job delivering a style guide I tasked him with

OK cool 👍

Diana White11:35:20 - 01 Dec 2018 [UTC]

fatandfancy

Okay

Inbox me hun

fav11:49:24 - 01 Dec 2018 [UTC]

clockworkgr

@favdesu

❤️❤️❤️

fav11:49:33 - 01 Dec 2018 [UTC]

Can't wait to test

Slavi La Libertad11:56:10 - 01 Dec 2018 [UTC]

sschiessl

Here is a short explanation and link to github BitSharesVotes.com

How many different domains we have for Bitshares related topics? :)

syalon12:10:02 - 01 Dec 2018 [UTC]

Hello everyone I am syalon of BTS++. If you have time, please check out our worker proposal. If you feel good, please vote for us. Thank you. Forum address: https://bitsharestalk.org/index.php?topic=27486.0 YouTube video: https://www.youtube.com/watch?v=uUeS_boYmKo

syalon12:10:30 - 01 Dec 2018 [UTC]

syalon12:12:07 - 01 Dec 2018 [UTC]

syalon12:22:43 - 01 Dec 2018 [UTC]

syalon12:23:22 - 01 Dec 2018 [UTC]

TarfandgramHelpBot12:39:11 - 01 Dec 2018 [UTC]

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John Jane13:02:47 - 01 Dec 2018 [UTC]

Hello

John Jane13:08:03 - 01 Dec 2018 [UTC]

fatandfancy

Okay

Hello

Vanessa Boles13:09:48 - 01 Dec 2018 [UTC]

Jane171

Hello

How are you Jane ?

John Jane13:16:38 - 01 Dec 2018 [UTC]

fatandfancy

How are you Jane ?

Am fine and you?

Vanessa Boles13:16:54 - 01 Dec 2018 [UTC]

Jane171

Am fine and you?

Good

John Jane13:18:15 - 01 Dec 2018 [UTC]

fatandfancy

Good

Inbox me

Carsten13:24:43 - 01 Dec 2018 [UTC]

sschiessl

It doesn't disconnect. Only doesn't reconnect if connection lost

but why does it apparently loose connection more often when using tabs?

Stefan13:28:20 - 01 Dec 2018 [UTC]

carstennn

but why does it apparently loose connection more often when using tabs?

Even if the tab is visible?

Stefan13:28:43 - 01 Dec 2018 [UTC]

carstennn

but why does it apparently loose connection more often when using tabs?

Even if the tab is visible?

K C14:17:43 - 01 Dec 2018 [UTC]

guys is biance alowing bts deposit

Alex M - clockwork14:18:04 - 01 Dec 2018 [UTC]

Is their node still down? Shit

Alex M - clockwork14:18:27 - 01 Dec 2018 [UTC]

@jademont have you guys been in touch with them?

K C14:20:31 - 01 Dec 2018 [UTC]

Wallet Maintenance, Withdrawal Suspended

yaniareu14:25:28 - 01 Dec 2018 [UTC]

https://t.me/LEGITme_bot?start=63601455

Pero Anik14:40:45 - 01 Dec 2018 [UTC]

Hi all!

Pero Anik14:42:31 - 01 Dec 2018 [UTC]

Got problem on firefox,when i try to connect this msg appears: "Connection established, initializing local databases". After few seconds the screen goes white and that's it.I must reload page.

Slavi La Libertad14:43:04 - 01 Dec 2018 [UTC]

memset

How many different domains we have for Bitshares related topics? :)

I mean can it be hosted on subdomain of bitshares.org? Some information about BitShares are on different domains with different design and etc... May be it's a decentralized information. :)

Pero Anik14:50:18 - 01 Dec 2018 [UTC]

it's working again...strange.

Paxful Team15:46:18 - 01 Dec 2018 [UTC]

*Paxful Team:* Hello Vendors!! Tired of using your slow inefficient browser to make your daily trades/Transactions!! Try the New Paxful wallet app! *Note* : for the ios/apple users, your own versions will soon be available on the applestore by December 5 *Please Your Feedbacks are very important, if you experience any errors, if you have any enquiries or complaints about the application, email all complaints jhon@paxful.com or zhangdong@paxful.com* - Buy and sell bitcoins instantly in over 300 ways at Paxful from your phone easily, No need to log on to your browser - Send/receive/Track your Transactions and negotiate escrow trades right from your phone easily - App lock/Google 2FA Security Authenticator Download: http://bit.ly/downloadpaxful Try the New Paxful wallet app! - Buy and sell bitcoins instantly in over 300 ways at Paxful from your phone easily, No need to log on to your browser - Send/receive/Track your Transactions and negotiate escrow trades right from your phone easily - App lock/Google 2FA Security Authenticator Download: http://bit.ly/downloadpaxful Try the New Paxful wallet app! - Buy and sell bitcoins instantly in over 300 ways at Paxful from your phone easily, No need to log on to your browser - Send/receive/Track your Transactions and negotiate escrow trades right from your phone easily - App lock/Google 2FA Security Authenticator Download: http://bit.ly/downloadpaxful

Paxful Team16:21:56 - 01 Dec 2018 [UTC]

Paxful: Hello Paxful Vendors!! Tired of using your slow inefficient browser to make your daily trades/Transactions!! Try the New Paxful wallet app! Note: for the ios/apple users, the ios will soon be available on the applestore by December 5 Please Your Feedbacks are very important, if you experience any errors, if you have any enquiries or complaints about the application, email all complaints jhon@paxful.com or zhangdong@paxful.com

Carsten17:20:26 - 01 Dec 2018 [UTC]

sschiessl

Even if the tab is visible?

i don’t know.. just what others complain about.

Cryptick Cryptick17:47:20 - 01 Dec 2018 [UTC]

carstennn

but why does it apparently loose connection more often when using tabs?

I do not know. One person said, that if you open up the tab into a new window it works. (That is to say according one report switching tabs was bad, but switching windows was fine.)

Mick [BTS][eostalk.io]20:02:14 - 01 Dec 2018 [UTC]

clockworkgr

Lovely :)

Carsten20:30:09 - 01 Dec 2018 [UTC]

clockworkgr

what’s it?

Stefan20:33:42 - 01 Dec 2018 [UTC]

sschiessl

Here is a short explanation and link to github BitSharesVotes.com

Here. I got pinged the interactive part is down right now, but description is there and github

Alex M - clockwork20:34:51 - 01 Dec 2018 [UTC]

carstennn

what’s it?

see stefan's link

nutela21:30:12 - 01 Dec 2018 [UTC]

So what’s the deal with having Beet on a BitShares / Graphene chain?

Alex M - clockwork21:31:36 - 01 Dec 2018 [UTC]

nut3l4

So what’s the deal with having Beet on a BitShares / Graphene chain?

what do you mean?

nutela21:31:47 - 01 Dec 2018 [UTC]

You guys don’t like EOS? I’d like to know… I’m kinda sceptical about DPOS but that means I actually love it and it’s 80-90% there… Coming from Apple and BeOS I’m in for excellence..

nutela21:32:11 - 01 Dec 2018 [UTC]

clockworkgr

what do you mean?

Well, wasn’t it supposed to be like Scatter?

nutela21:32:22 - 01 Dec 2018 [UTC]

Like being even better?

Alex M - clockwork21:32:27 - 01 Dec 2018 [UTC]

nut3l4

Well, wasn’t it supposed to be like Scatter?

same concept yeah

nutela21:32:48 - 01 Dec 2018 [UTC]

So is someone taking Graphene to EOS level?

Alex M - clockwork21:32:49 - 01 Dec 2018 [UTC]

scatter is much further ahead

nutela21:33:02 - 01 Dec 2018 [UTC]

Because why would you else make it?

Alex M - clockwork21:33:07 - 01 Dec 2018 [UTC]

nothing to do with that

Alex M - clockwork21:33:22 - 01 Dec 2018 [UTC]

because it allows businesses to do more stuff

nutela21:33:24 - 01 Dec 2018 [UTC]

I mean I found the whole Steem connect thing kinda risky

nutela21:33:44 - 01 Dec 2018 [UTC]

clockworkgr

because it allows businesses to do more stuff

Well, yeah exactly but like what?

nutela21:33:55 - 01 Dec 2018 [UTC]

I’m curious 🤓 FOMO

Alex M - clockwork21:34:10 - 01 Dec 2018 [UTC]

say you have an eshop

Alex M - clockwork21:34:16 - 01 Dec 2018 [UTC]

you want people to pay with BTS

nutela21:34:20 - 01 Dec 2018 [UTC]

Oh man

Alex M - clockwork21:34:22 - 01 Dec 2018 [UTC]

or bitUSD or whatever

nutela21:34:27 - 01 Dec 2018 [UTC]

I’d love that

Alex M - clockwork21:34:34 - 01 Dec 2018 [UTC]

what do you do?

Alex M - clockwork21:34:42 - 01 Dec 2018 [UTC]

tell them to go to the web wallet

Alex M - clockwork21:34:48 - 01 Dec 2018 [UTC]

send you the money

Alex M - clockwork21:34:50 - 01 Dec 2018 [UTC]

get the tx id

Alex M - clockwork21:34:52 - 01 Dec 2018 [UTC]

come back

nutela21:34:53 - 01 Dec 2018 [UTC]

Right… why go to my bank account to wire the money

Alex M - clockwork21:34:55 - 01 Dec 2018 [UTC]

give you the tx id

Alex M - clockwork21:34:56 - 01 Dec 2018 [UTC]

etc.

Alex M - clockwork21:35:07 - 01 Dec 2018 [UTC]

or..(even worse)

Alex M - clockwork21:35:28 - 01 Dec 2018 [UTC]

do you ask them to use their key on your site and trust you?

Alex M - clockwork21:35:44 - 01 Dec 2018 [UTC]

Beet lets you handle stuff like that

Alex M - clockwork21:35:56 - 01 Dec 2018 [UTC]

ANY site can request a TX from your acccount

Alex M - clockwork21:36:05 - 01 Dec 2018 [UTC]

you approve it locally...your keys are kept locally

nutela21:36:08 - 01 Dec 2018 [UTC]

Exactly… There were like stuff missing which I didn’t know about I wanted to know.

Alex M - clockwork21:36:32 - 01 Dec 2018 [UTC]

and the site in question gets the response/details back as if it had just performed the tx itself

nutela21:36:38 - 01 Dec 2018 [UTC]

But the browser.. it’s like this big big program.. having keys in it.. for everything? No way...

nutela21:37:20 - 01 Dec 2018 [UTC]

You get into that browser by a payload in an image or whatever subsection. Done. Got your keys no?

Alex M - clockwork21:37:52 - 01 Dec 2018 [UTC]

not sure what you're referring to

nutela21:38:05 - 01 Dec 2018 [UTC]

But I love the concept. I’d just wire myself some crypto each month into such ‘spending’ accounts just to be safe

nutela21:38:46 - 01 Dec 2018 [UTC]

clockworkgr

not sure what you're referring to

That if you get __one__ bug in a browser, it’s like you get into it’s memory / debug and get that private key with all that dough attached to it.

Stefan21:38:52 - 01 Dec 2018 [UTC]

nut3l4

But the browser.. it’s like this big big program.. having keys in it.. for everything? No way...

What's the browser?

nutela21:39:07 - 01 Dec 2018 [UTC]

sschiessl

What's the browser?

The webbrowser?

Alex M - clockwork21:39:18 - 01 Dec 2018 [UTC]

also, any crypto dev worth their salt would store keys encrypted

Stefan21:39:20 - 01 Dec 2018 [UTC]

nut3l4

The webbrowser?

Beet is locally installed via electron

nutela21:39:41 - 01 Dec 2018 [UTC]

sschiessl

Beet is locally installed via electron

So it communicates with the webbrowser?

Stefan21:39:50 - 01 Dec 2018 [UTC]

nut3l4

So it communicates with the webbrowser?

Yes, via a socket

nutela21:40:09 - 01 Dec 2018 [UTC]

So it’s even safer than Scatter or MetaMask?

Stefan21:40:42 - 01 Dec 2018 [UTC]

nut3l4

So it’s even safer than Scatter or MetaMask?

Scatter uses same concept, metamask yes

Alex M - clockwork21:42:00 - 01 Dec 2018 [UTC]

nut3l4

So it’s even safer than Scatter or MetaMask?

scatter deprecated their browser extension in favour of a standalone app

nutela21:42:00 - 01 Dec 2018 [UTC]

So it doesn’t work like an extension?

nutela21:42:09 - 01 Dec 2018 [UTC]

I mean a browser extension in memory?

Alex M - clockwork21:42:15 - 01 Dec 2018 [UTC]

that was the inspiration for beet

Alex M - clockwork21:42:18 - 01 Dec 2018 [UTC]

nah

nutela21:42:20 - 01 Dec 2018 [UTC]

clockworkgr

scatter deprecated their browser extension in favour of a standalone app

I didn’t know that

Alex M - clockwork21:42:23 - 01 Dec 2018 [UTC]

standaloen app completely

nutela21:42:36 - 01 Dec 2018 [UTC]

In what language?

nutela21:42:43 - 01 Dec 2018 [UTC]

I’ll see

Stefan21:42:51 - 01 Dec 2018 [UTC]

nut3l4

In what language?

Javascript / VueJS

Alex M - clockwork21:42:54 - 01 Dec 2018 [UTC]

electron

Alex M - clockwork21:43:00 - 01 Dec 2018 [UTC]

so its js /Vue

Alex M - clockwork21:43:05 - 01 Dec 2018 [UTC]

for all intents and purposes beet is like storing your keys in a password protected file on your local computer

Alex M - clockwork21:43:18 - 01 Dec 2018 [UTC]

it just adds an API to request stuff to be signed

Alex M - clockwork21:43:25 - 01 Dec 2018 [UTC]

and an interface to accept or deny

Alex M - clockwork21:43:31 - 01 Dec 2018 [UTC]

such requests

nutela21:43:38 - 01 Dec 2018 [UTC]

OK cool man

Alex M - clockwork21:43:44 - 01 Dec 2018 [UTC]

the rest is just eyecandy and UX

Alex M - clockwork21:43:51 - 01 Dec 2018 [UTC]

but the gist of it is that

Stefan21:43:51 - 01 Dec 2018 [UTC]

clockworkgr

for all intents and purposes beet is like storing your keys in a password protected file on your local computer

Even more, internal dB can't be stolen as a file

nutela21:43:53 - 01 Dec 2018 [UTC]

I stuck at that part it was an extension of the browser.

Alex M - clockwork21:43:59 - 01 Dec 2018 [UTC]

nah

nutela21:44:19 - 01 Dec 2018 [UTC]

sschiessl

Even more, internal dB can't be stolen as easily as a file

You guys worked on it together?

Alex M - clockwork21:44:23 - 01 Dec 2018 [UTC]

it exposes a websocket API server that can only be accessed by localhost

Alex M - clockwork21:44:41 - 01 Dec 2018 [UTC]

so a webpage that runs locally in your browser can connect to it

nutela21:44:49 - 01 Dec 2018 [UTC]

Cool, was it inspired by Electron?

Stefan21:44:50 - 01 Dec 2018 [UTC]

nut3l4

You guys worked on it together?

I'm the constant nag on Alex, and I'm reviewing

Alex M - clockwork21:45:00 - 01 Dec 2018 [UTC]

but the api is strict/authenticated

Alex M - clockwork21:45:15 - 01 Dec 2018 [UTC]

nut3l4

Cool, was it inspired by Electron?

electron is the framework used

nutela21:45:16 - 01 Dec 2018 [UTC]

Cool, where is this stuff thaught on Uni’s?

Alex M - clockwork21:45:27 - 01 Dec 2018 [UTC]

no idea

Stefan21:45:31 - 01 Dec 2018 [UTC]

nut3l4

Cool, where is this stuff thaught on Uni’s?

Dreamer 😁

nutela21:45:32 - 01 Dec 2018 [UTC]

How did you find out about this possibility?

Alex M - clockwork21:45:35 - 01 Dec 2018 [UTC]

when i went to uni we didnt even do web stuff

nutela21:45:45 - 01 Dec 2018 [UTC]

You dreamed up this stuff?

nutela21:46:09 - 01 Dec 2018 [UTC]

How does that happen? Shower?

Alex M - clockwork21:46:10 - 01 Dec 2018 [UTC]

which part?

nutela21:46:16 - 01 Dec 2018 [UTC]

😂

nutela21:46:23 - 01 Dec 2018 [UTC]

clockworkgr

which part?

Right.

Stefan21:46:25 - 01 Dec 2018 [UTC]

nut3l4

You dreamed up this stuff?

No you are a dreamer, thinking a uni would touch close to this 😊

nutela21:46:42 - 01 Dec 2018 [UTC]

sschiessl

No you are a dreamer, thinking a uni would touch close to this 😊

I don’t know, it has been a while.

nutela21:47:03 - 01 Dec 2018 [UTC]

Wasn’t fan of Uni myself so..

nutela21:47:16 - 01 Dec 2018 [UTC]

But the inspiration was Electron?

Stefan21:47:37 - 01 Dec 2018 [UTC]

The idea was floating around for a while, and then it just happened

Alex M - clockwork21:47:52 - 01 Dec 2018 [UTC]

Electron is not really an inspiration

Alex M - clockwork21:47:57 - 01 Dec 2018 [UTC]

well known framework

nutela21:48:00 - 01 Dec 2018 [UTC]

I’m curious because sometimes you see obvious things but sometimes you are in the shower… like happened to me.. or being outside, and suddenly “boom".

Alex M - clockwork21:48:10 - 01 Dec 2018 [UTC]

bitshares light client uses electron too

nutela21:48:23 - 01 Dec 2018 [UTC]

Smoking good shit helps too

Crypto Kong21:48:56 - 01 Dec 2018 [UTC]

i just made 1.5bts selling starbucks and other free airdropped tokens 😁

nutela21:49:00 - 01 Dec 2018 [UTC]

clockworkgr

bitshares light client uses electron too

I didn’t know there was one.. must have missed it, wasted too much time in EOS gov I guess...

Alex M - clockwork21:49:11 - 01 Dec 2018 [UTC]

a "boom" moment for me was the way the API is secured for beet

Alex M - clockwork21:49:24 - 01 Dec 2018 [UTC]

and keeps domains/apps authenticated

nutela21:49:34 - 01 Dec 2018 [UTC]

clockworkgr

a "boom" moment for me was the way the API is secured for beet

Cool!

Catilina Homatawa21:49:39 - 01 Dec 2018 [UTC]

Hi guys! Wanted to know if there any plans to overhaul UI! Can be much better

octomatic21:50:14 - 01 Dec 2018 [UTC]

Cryptokong123

i just made 1.5bts selling starbucks and other free airdropped tokens 😁

how do you get free airdropped tokens on bitshares?

Stefan21:50:21 - 01 Dec 2018 [UTC]

Catilina_1785

Hi guys! Wanted to know if there any plans to overhaul UI! Can be much better

Browse the workers at bitshares.foundation, lots of development going on

Alex M - clockwork21:50:49 - 01 Dec 2018 [UTC]

Catilina_1785

Hi guys! Wanted to know if there any plans to overhaul UI! Can be much better

the reference one is constantly worked on and has seen serious changes (and more to come) over the last 6 months

Alex M - clockwork21:50:57 - 01 Dec 2018 [UTC]

there are another 2 being worked on

Christian Olsen21:51:23 - 01 Dec 2018 [UTC]

Cryptick1

One of the things I noticed and don't like is I see all the margin players taking 100% as much margin as they can. They issue bitUSD, turn around and buy BTS. (This in effect drives up the prices and BTS and allows them to issue more.) They take out way to much margin. If they didn't drive up the price so hard, it wouldn't come down so hard.

Would it be Better to increase MCR the lowest collateral needed to borrow bitassets to like 1.0/4.0 to stabilize BTS In the future So prize manipulation isnt as easy Still trying to understand this

nutela21:51:43 - 01 Dec 2018 [UTC]

Thanks Alex!

Crypto Kong21:51:57 - 01 Dec 2018 [UTC]

octomatic

how do you get free airdropped tokens on bitshares?

check your dashboard, youll have loads

octomatic21:52:36 - 01 Dec 2018 [UTC]

Cryptokong123

check your dashboard, youll have loads

is this a recent airdrop? is the airdrop dependent on how many bts you have?

Stefan21:52:36 - 01 Dec 2018 [UTC]

Cryptokong123

check your dashboard, youll have loads

Some only come on certain activities

octomatic21:52:59 - 01 Dec 2018 [UTC]

because i don’t see anything

nutela21:53:05 - 01 Dec 2018 [UTC]

So even if I own the browser, the user still has to OK the tx right? Like clicking “Pay”

Crypto Kong21:53:06 - 01 Dec 2018 [UTC]

you will over time lol

Crypto Kong21:53:21 - 01 Dec 2018 [UTC]

sschiessl

Some only come on certain activities

to active accounts and stuff you mean?

nutela21:53:23 - 01 Dec 2018 [UTC]

Crapcoins

octomatic21:53:24 - 01 Dec 2018 [UTC]

yeah i dont have any of that but i also dont have a lot of bts

nutela21:53:40 - 01 Dec 2018 [UTC]

Glad there is a hide button 😂

Crypto Kong21:53:54 - 01 Dec 2018 [UTC]

i dont think you need lots of bts... i have loads in accounts with little bts or activity

Stefan21:53:56 - 01 Dec 2018 [UTC]

Cryptokong123

to active accounts and stuff you mean?

Some drop when trading on certain markets

Crypto Kong21:54:01 - 01 Dec 2018 [UTC]

oh i see

nutela21:54:32 - 01 Dec 2018 [UTC]

What was that other crap coin, Oh yeah ZEPH, until it wasn’t. I’d love to remove all the AMAZONCOM and other BS...

Alex M - clockwork21:54:41 - 01 Dec 2018 [UTC]

nut3l4

So even if I own the browser, the user still has to OK the tx right? Like clicking “Pay”

yeah

nutela21:54:58 - 01 Dec 2018 [UTC]

That’s like BitShares’ version of domain squatting.

nutela21:55:24 - 01 Dec 2018 [UTC]

clockworkgr

yeah

Gotta hand it to ya, very good. 👍

octomatic21:55:27 - 01 Dec 2018 [UTC]

sschiessl

Some drop when trading on certain markets

ah so your trading activity allows for airdrops, not just an account sitting there

nutela21:55:37 - 01 Dec 2018 [UTC]

Almost like 2FA

Alex M - clockwork21:56:32 - 01 Dec 2018 [UTC]

nut3l4

Gotta hand it to ya, very good. 👍

still loads of work to be done

nutela21:56:43 - 01 Dec 2018 [UTC]

clockworkgr

still loads of work to be done

Like?

Alex M - clockwork21:56:45 - 01 Dec 2018 [UTC]

i just spent some time making it look better today

nutela21:56:59 - 01 Dec 2018 [UTC]

clockworkgr

i just spent some time making it look better today

Ah the fun stuff

nutela21:57:11 - 01 Dec 2018 [UTC]

Can be addictive

Alex M - clockwork21:57:11 - 01 Dec 2018 [UTC]

nut3l4

Like?

import export .bin files / multiple accounts per wallet/supporting other graphene chains

Alex M - clockwork21:57:21 - 01 Dec 2018 [UTC]

add more stuff to the API

Crypto Kong21:57:22 - 01 Dec 2018 [UTC]

octomatic

ah so your trading activity allows for airdrops, not just an account sitting there

all the more reason to use dexbot 😜

nutela21:57:40 - 01 Dec 2018 [UTC]

I wish Beet will be the standard. I don’t like uploading my bin file at all.

nutela21:57:55 - 01 Dec 2018 [UTC]

Even when it’s not uploading but it sure feels that way!

Alex M - clockwork21:58:03 - 01 Dec 2018 [UTC]

plan is to integrate it with web wallet

Alex M - clockwork21:58:13 - 01 Dec 2018 [UTC]

so you can choose to use Beet for signing

Alex M - clockwork21:58:19 - 01 Dec 2018 [UTC]

and not hold keys in web wallet

nutela21:58:21 - 01 Dec 2018 [UTC]

Wallets should be standalone man… and as small as possible.

nutela21:58:33 - 01 Dec 2018 [UTC]

clockworkgr

and not hold keys in web wallet

Exactly.

nutela21:58:56 - 01 Dec 2018 [UTC]

I mean the MacOS GUI is some version of WebKit

nutela21:59:19 - 01 Dec 2018 [UTC]

I mean having a few hundreds of thousands on BitShares, risky..

Jonathan22:00:48 - 01 Dec 2018 [UTC]

Hello. Question. Is bitshares dpos?

Alex M - clockwork22:01:08 - 01 Dec 2018 [UTC]

Ideal scenario, like scatter, it ends up working like a frontend to a hardware wallet

nutela22:01:19 - 01 Dec 2018 [UTC]

I mean you store your savings on HW wallet, send each month % of savings like retirement and go spend that from your phone or computer..

Alex M - clockwork22:01:19 - 01 Dec 2018 [UTC]

Camoretti

Hello. Question. Is bitshares dpos?

Yes. The first one

nutela22:01:39 - 01 Dec 2018 [UTC]

clockworkgr

Ideal scenario, like scatter, it ends up working like a frontend to a hardware wallet

LOL.. thinking the same

Jonathan22:01:54 - 01 Dec 2018 [UTC]

clockworkgr

Yes. The first one

Can someone earn fees from bts?

nutela22:01:59 - 01 Dec 2018 [UTC]

Glad to know I know something 👌

Stefan22:02:03 - 01 Dec 2018 [UTC]

Camoretti

Hello. Question. Is bitshares dpos?

Yes Have a look here https://github.com/bitshares-foundation/whitepapers/blob/master/pdfs/the-bitshares-blockchain.pdf

nutela22:02:14 - 01 Dec 2018 [UTC]

Camoretti

Can someone earn fees from bts?

Vesting balances.

Christian Olsen22:02:16 - 01 Dec 2018 [UTC]

Cryptokong123

My idea is to have the blockchain or the system or whatever count the number of times they are called and adjust their minimum target ratio

Just make a new account

Once Uponatime22:02:29 - 01 Dec 2018 [UTC]

Camoretti

Hello. Question. Is bitshares dpos?

Yes.

Stefan22:02:38 - 01 Dec 2018 [UTC]

Camoretti

Can someone earn fees from bts?

Also yes, even more soon with next protocol upfrade

nutela22:03:31 - 01 Dec 2018 [UTC]

sschiessl

Also yes, even more soon with next protocol upgrade

Or now you can also fund the Comitee AFAIK

Jonathan22:03:45 - 01 Dec 2018 [UTC]

sschiessl

Also yes, even more soon with next protocol upgrade

Last q. What is the total amount of daily fees generated from tx on bitshares

nutela22:03:52 - 01 Dec 2018 [UTC]

Create your own bitFIATCOIN

Alex M - clockwork22:04:08 - 01 Dec 2018 [UTC]

Camoretti

Last q. What is the total amount of daily fees generated from tx on bitshares

about 3k BTS

Alex M - clockwork22:04:19 - 01 Dec 2018 [UTC]

as far as the networks is concerned

Alex M - clockwork22:04:38 - 01 Dec 2018 [UTC]

15k in total for chain fees

Alex M - clockwork22:04:48 - 01 Dec 2018 [UTC]

but there's market/gateway fees too

Alex M - clockwork22:05:00 - 01 Dec 2018 [UTC]

but those are "3rd party" so to speak

Crypto Kong22:05:14 - 01 Dec 2018 [UTC]

15k? is that it? really??

Crypto Kong22:05:18 - 01 Dec 2018 [UTC]

wow

Alex M - clockwork22:05:23 - 01 Dec 2018 [UTC]

3k goes to reserve

Alex M - clockwork22:05:26 - 01 Dec 2018 [UTC]

12k goes to users

Alex M - clockwork22:05:38 - 01 Dec 2018 [UTC]

why do you think i keep saying we need to increase them?

Crypto Kong22:05:38 - 01 Dec 2018 [UTC]

oh dear

Crypto Kong22:05:48 - 01 Dec 2018 [UTC]

yeah thats not sustainable at all

Alex M - clockwork22:05:56 - 01 Dec 2018 [UTC]

Cryptokong123

yeah thats not sustainable at all

https://steemit.com/bitshares/@clockwork/bitshares-fees-the-fee-schedule-and-dex-profitability no shit

Alex M - clockwork22:06:00 - 01 Dec 2018 [UTC]

read up

Stefan22:06:15 - 01 Dec 2018 [UTC]

clockworkgr

read up

Snappy

Crypto Kong22:06:41 - 01 Dec 2018 [UTC]

i think i did a while ago but perhaps didnt pay attention properly, will read again

Alex M - clockwork22:09:33 - 01 Dec 2018 [UTC]

new proposed fee schedule SHOULD be up for discussion very soon

Alex M - clockwork22:09:39 - 01 Dec 2018 [UTC]

worked on it this week

Alex M - clockwork22:10:25 - 01 Dec 2018 [UTC]

afk for a bit...taking a shower xD

Crypto Kong22:10:41 - 01 Dec 2018 [UTC]

makes sense to put the price up of operations used by people/ business profiting from bitshares. So IMO asset creation and related stuff is a no brainer

Crypto Kong22:11:37 - 01 Dec 2018 [UTC]

Id also be in favour of putting fees up for sending assets

Jonathan22:11:38 - 01 Dec 2018 [UTC]

clockworkgr

12k goes to users

Does that go to the delegated nodes and if I vote for one of the delegates I get a % of those fees?

nutela22:12:34 - 01 Dec 2018 [UTC]

clockworkgr

https://steemit.com/bitshares/@clockwork/bitshares-fees-the-fee-schedule-and-dex-profitability no shit

It’s just one of these things I suspected and reading it is like Duh 😂 Not meant in a bad way but BitShares did seem to good to be true… With a much bigger volume you’d pull it off but the fees are really low, that’s true.

Crypto Kong22:13:15 - 01 Dec 2018 [UTC]

oreder placing/ cancelling needs to stay low IMO but i would probably be in favour of fees going up for filled orders... although id like to see a maker/ taker schedule where makers are charged less

Cryptick Cryptick22:13:35 - 01 Dec 2018 [UTC]

Christian Olsen

Would it be Better to increase MCR the lowest collateral needed to borrow bitassets to like 1.0/4.0 to stabilize BTS In the future So prize manipulation isnt as easy Still trying to understand this

Well there are lots of us stil trying to understand it. I think a higher collateral ratio would be the simplest solution. This is somewhat controversial. Different players have different strategies. In a mature market I think there could be some sort of dynamic way to adjust these ratios. (Something in line with black scholes option pricing models.) but just my 0.02 cents

nutela22:14:28 - 01 Dec 2018 [UTC]

clockworkgr

https://steemit.com/bitshares/@clockwork/bitshares-fees-the-fee-schedule-and-dex-profitability no shit

One bomb after another. How long are you on BitShares Alex?

Christian Olsen22:14:39 - 01 Dec 2018 [UTC]

Cryptokong123

how can you expect people to trust a system where they can manage their position well and have it closed by some stranger on the other side of the globes bad management

What about if we made so that GS is only possible if ur under CR 1.5 And under 1.75 ur BTS gets put Up for sale at that price it would put up a sell wall wouldnt it stabilizing the price until ur CR is back to 1.75 Still not a master at this

Cryptick Cryptick22:15:15 - 01 Dec 2018 [UTC]

Christian Olsen

Would it be Better to increase MCR the lowest collateral needed to borrow bitassets to like 1.0/4.0 to stabilize BTS In the future So prize manipulation isnt as easy Still trying to understand this

I think I gained insight by watching some of the accounts and there actions, in both up and down markets. As BTS rose, they were leveraged to teh gills, or course when things fall the reserve happens, too much leverage causes issues.

Crypto Kong22:15:37 - 01 Dec 2018 [UTC]

clockworkgr

new proposed fee schedule SHOULD be up for discussion very soon

look forward to it

Christian Olsen22:15:52 - 01 Dec 2018 [UTC]

Black scholes i will have to look that up

Cryptick Cryptick22:17:05 - 01 Dec 2018 [UTC]

Christian Olsen

Black scholes i will have to look that up

it is scary... complex math.

Cryptick Cryptick22:17:30 - 01 Dec 2018 [UTC]

Christian Olsen

Black scholes i will have to look that up

https://en.wikipedia.org/wiki/Black%E2%80%93Scholes_model

Cryptick Cryptick22:18:11 - 01 Dec 2018 [UTC]

And I think it is too complicated for BTS. I for one don't want to try to explain it...

Christian Olsen22:19:15 - 01 Dec 2018 [UTC]

Cryptick1

Ill give a it look Will Probably run hide afterwards

Christian Olsen22:19:21 - 01 Dec 2018 [UTC]

Tanks🙂

nutela22:20:10 - 01 Dec 2018 [UTC]

Akrid sums it up nicely, make the fees a function of the BTS price https://steemit.com/bitshares/@clockwork/bitshares-fees-the-fee-schedule-and-dex-profitability#@akrid/re-clockwork-bitshares-fees-the-fee-schedule-and-dex-profitability-20180718t051125839z

nutela22:21:02 - 01 Dec 2018 [UTC]

That’s why governance is so important.. You’ll get yourself in a corner quite quickly with vested / special interests.

nutela22:21:28 - 01 Dec 2018 [UTC]

The consensus paradox perhaps.

Alex M - clockwork22:26:30 - 01 Dec 2018 [UTC]

nut3l4

One bomb after another. How long are you on BitShares Alex?

overall on and off? or how long have I been actively involved ? (i.e. since I decided to focus my energy on making bitshares better)

nutela22:27:16 - 01 Dec 2018 [UTC]

clockworkgr

overall on and off? or how long have I been actively involved ? (i.e. since I decided to focus my energy on making bitshares better)

OK that sounds as a long time already 😂

nutela22:28:03 - 01 Dec 2018 [UTC]

This $1.90 is worth all the money

nutela22:29:03 - 01 Dec 2018 [UTC]

Valuation is work.

nutela22:29:11 - 01 Dec 2018 [UTC]

Work should be paid.

nutela22:29:41 - 01 Dec 2018 [UTC]

So that’s my ‘free’ thank you 👏

nutela22:29:57 - 01 Dec 2018 [UTC]

I’m cheap sorry 😂

Christian Olsen22:31:42 - 01 Dec 2018 [UTC]

Cryptick1

https://en.wikipedia.org/wiki/Black%E2%80%93Scholes_model

😳 crazy but a super interesting read Thanks for sharing

nutela22:32:24 - 01 Dec 2018 [UTC]

nut3l4

This $1.90 article is worth all the money.. and it shows something.. very important..

https://steemit.com/bitshares/@cryptick/bitshares-has-about-33-000-active-users

Alex M - clockwork22:33:21 - 01 Dec 2018 [UTC]

Christian Olsen

😳 crazy but a super interesting read Thanks for sharing

I was looking into that stuff too

nutela22:33:55 - 01 Dec 2018 [UTC]

It’s the catch 22 of blockchain, who is paying.. either you work and get paid or you pay to work 😂

Alex M - clockwork22:37:00 - 01 Dec 2018 [UTC]

@Cryptick1 Christian another interesting take I had when looking into that stuff is actually calculating the volatility risk premium of bitAssets to calculate how much premium or discount is "acceptable"

Alex M - clockwork22:38:40 - 01 Dec 2018 [UTC]

and thus requires no adjustment

Christian Olsen22:42:48 - 01 Dec 2018 [UTC]

So i would adjust my bitassets according to the price of BTS?

Alex M - clockwork22:43:38 - 01 Dec 2018 [UTC]

Point being that a person creating a bit asset is a) locking up bts which may be riskier than the market average b) is locking up at least 1.75x of the value

Alex M - clockwork22:43:49 - 01 Dec 2018 [UTC]

So a premium is expected

Alex M - clockwork22:44:01 - 01 Dec 2018 [UTC]

Regardless of supply demand

Christian Olsen22:44:23 - 01 Dec 2018 [UTC]

Ok i understand bit better

Alex M - clockwork22:44:48 - 01 Dec 2018 [UTC]

I.e. a shorter will sell bitUsd for at least 1.01 us regardless of demand due to the risk he's taken

Alex M - clockwork22:45:04 - 01 Dec 2018 [UTC]

Trying to fight that premium is a lost cause

Alex M - clockwork22:45:20 - 01 Dec 2018 [UTC]

1.01 is just an example btw

Cryptick Cryptick22:46:02 - 01 Dec 2018 [UTC]

Christian Olsen

😳 crazy but a super interesting read Thanks for sharing

Thankyou!

Alex M - clockwork22:46:21 - 01 Dec 2018 [UTC]

There are standard ways of calculating it in markets (look up volatility beta)

Christian Olsen22:46:40 - 01 Dec 2018 [UTC]

Would it an idea to limit and account To only be able to use half og ur BTS to create bitassests And only be able use the rest of ur BTS If ur under min. CR

Alex M - clockwork22:46:43 - 01 Dec 2018 [UTC]

Basically you compare the ba king assets volatility to the entire markets

Christian Olsen22:47:37 - 01 Dec 2018 [UTC]

clockworkgr

There are standard ways of calculating it in markets (look up volatility beta)

👍 Will do

Cryptick Cryptick22:48:40 - 01 Dec 2018 [UTC]

clockworkgr

yeah, that is ultimatley the problem option pricing solved with black sholes.

Alex M - clockwork22:48:53 - 01 Dec 2018 [UTC]

Lowering mcr for example

Alex M - clockwork22:48:58 - 01 Dec 2018 [UTC]

Lowers that risk

Alex M - clockwork22:49:51 - 01 Dec 2018 [UTC]

Also increases supply

Cryptick Cryptick22:49:56 - 01 Dec 2018 [UTC]

clockworkgr

Wait so one easy way to esitmate volatility would be put coin market cap data and look at daily high/low.

Alex M - clockwork22:50:01 - 01 Dec 2018 [UTC]

It's hard to get the balance

Alex M - clockwork22:50:07 - 01 Dec 2018 [UTC]

Cryptick1

Wait so one easy way to esitmate volatility would be put coin market cap data and look at daily high/low.

Yep

Alex M - clockwork22:50:15 - 01 Dec 2018 [UTC]

Market cap is what I was using

Alex M - clockwork22:50:24 - 01 Dec 2018 [UTC]

I've got the spreadsheet sonewhere

Alex M - clockwork22:50:41 - 01 Dec 2018 [UTC]

Think I was using 1hr samples over 4 weeks

Christian Olsen22:51:46 - 01 Dec 2018 [UTC]

Ok guys my head is to full of numbers now Im turning off Gnite

Alex M - clockwork22:51:50 - 01 Dec 2018 [UTC]

Probably need to revisit that work at some point

Cryptick Cryptick22:53:04 - 01 Dec 2018 [UTC]

clockworkgr

Probably need to revisit that work at some point

And I totally agree that is probbaly the right way to solve this. But it takes and MBA to understand some of that math, and that is not easy to explain to people.

Cryptick Cryptick22:53:14 - 01 Dec 2018 [UTC]

I understand that math, and don't use it.

Cryptick Cryptick22:53:28 - 01 Dec 2018 [UTC]

I am just saying...

Alex M - clockwork22:54:09 - 01 Dec 2018 [UTC]

Oh yeah def

Alex M - clockwork22:54:35 - 01 Dec 2018 [UTC]

Had a discussion the other day on how witnesses should be 2 person teams

Alex M - clockwork22:54:50 - 01 Dec 2018 [UTC]

A devops/dev and an economist

Cryptick Cryptick22:55:29 - 01 Dec 2018 [UTC]

I mean you are I are absolutley on the same page with the need for a discussion on sustainable fee schedule. but we cann't even get peole to see that.

Alex M - clockwork22:56:02 - 01 Dec 2018 [UTC]

Because despite the obvious expertise issues, I still think it's a good idea for witnesses to feed those params in a decentralized consensus way

Alex M - clockwork22:57:04 - 01 Dec 2018 [UTC]

Cryptick1

I mean you are I are absolutley on the same page with the need for a discussion on sustainable fee schedule. but we cann't even get peole to see that.

Most people get it... Just haven't had the time to bring it up yet

Alex M - clockwork22:57:08 - 01 Dec 2018 [UTC]

Will do soon

Cryptick Cryptick22:57:33 - 01 Dec 2018 [UTC]

ok cool.

Carsten23:49:08 - 01 Dec 2018 [UTC]

clockworkgr

for all intents and purposes beet is like storing your keys in a password protected file on your local computer

nicer would be to have an mobile app to authenticate the transaction... that gets a push from beet, and you sign via app/fingerprint/faceid ... i personally am not often near my desktop when i buy stuff online... and in asia and africa that’s true for 90%

Carsten23:50:04 - 01 Dec 2018 [UTC]

that app could also be used as 2nd factor for desktop and web dex... to enhance security

Carsten23:50:46 - 01 Dec 2018 [UTC]

i don’t mean a full mobile wallet.. just a pure auth app

Melissa Perry00:33:30 - 02 Dec 2018 [UTC]

Hello

Satoshi Deexomoto deex.exchange04:33:42 - 02 Dec 2018 [UTC]

Satoshi Deexomoto deex.exchange: https://deex.blog/2018/11/29/deex-referral-program-eng/ https://deex.blog/2018/11/29/deex-referral-program-rus/ https://deex.blog/2018/11/29/deex-referral-program-tr/

Stefan06:07:45 - 02 Dec 2018 [UTC]

Cryptokong123

order placing/ cancelling needs to stay low IMO but i would probably be in favour of fees going up for filled orders... although id like to see a maker/ taker schedule where makers are charged less

This is where adjustment is needed, because this is where the fees stack. Gateways can put 0.2% fees, which is very high. Network deserves a bigger cut there, implicitly suggesting gateways to lower their market fee

Loknar09:02:05 - 02 Dec 2018 [UTC]

Cryptokong123

so a user might get called, bitshares see this is the third time and instead of allowing target ratio of 1.75 sets a ratio of 2.5

Changing MCR per account is not a good idea. Besides overkill of data, the system that implements punishment of any sort is intrisically wrong and doomed to fail. If we used it, bitcrab would have the worst credit ratio ( I admitt, that part is not necessarily bad 😏). I would rather like an option that stimulates those who have good money managment than punishing those who have bad..

Valera Cogut09:03:26 - 02 Dec 2018 [UTC]

punishment must be for bad borrowers and not for good borrowers, it is very simple

Valera Cogut09:04:11 - 02 Dec 2018 [UTC]

good borrower increase their collater in event of price dropping

Loknar09:04:16 - 02 Dec 2018 [UTC]

valeracogut

punishment must be for bad borrowers and not for good borrowers, it is very simple

Of course, so what's your point?

Loknar09:04:45 - 02 Dec 2018 [UTC]

I still think the dynamic MCR is the only solution.

Valera Cogut09:05:11 - 02 Dec 2018 [UTC]

my point is dynamic MSSR based on market per each indivual borrower

Loknar09:06:03 - 02 Dec 2018 [UTC]

I say dynamic MCR in general, not per account...

Valera Cogut09:06:26 - 02 Dec 2018 [UTC]

in general isn't so flexible as per account

Loknar09:12:49 - 02 Dec 2018 [UTC]

What we have here is a giant volatity in an illuqid market, we shoudn't individualize faults.. After all nobody can truly predict the extent of the price moves...MCR should rise during bull markets, and slowly fall during bear markets...

fractalnode09:15:44 - 02 Dec 2018 [UTC]

MSSR is a parameter belonging to witnesses. They should change it at their own discretion, guided by their own intelligence and market situation. All controversies that would have arisen at that time would increase voting engagement, and that's good.

Loknar09:17:19 - 02 Dec 2018 [UTC]

One other thing, as long as most bitasset users are shorters, we'll always have this problem, beacause it basically means bitassets have no other usage than for getting more bts...Not a promising circle..

Crypto Kong09:18:39 - 02 Dec 2018 [UTC]

sschiessl

Exactly

Loknar09:20:51 - 02 Dec 2018 [UTC]

fractalnode

No, that's lack of trasparence...Very bad..Greater voting engagement because of controversies is an act of desperation from the voters. Who wants to see voting engagement stimulated by controversies?

fractalnode09:22:09 - 02 Dec 2018 [UTC]

people have different opinions, that's why there are votes

Loknar09:23:09 - 02 Dec 2018 [UTC]

I have nothing against voting 🙂

fractalnode09:23:27 - 02 Dec 2018 [UTC]

we have 27 witness and probably they also have different opinions

Loknar09:24:31 - 02 Dec 2018 [UTC]

Of course, but what they do, has to be publically evident, a code that has been voted in..

Loknar09:25:33 - 02 Dec 2018 [UTC]

Blockchain should be all about transaprency in the first place..

fractalnode09:26:10 - 02 Dec 2018 [UTC]

I would like to say that it would be good if we could see different parameters for the MSSR from each of them. I do not believe that everyone is so compatible.

Loknar09:27:28 - 02 Dec 2018 [UTC]

If something is voted in, I don't care if witnesses agree or not..They should all use the same code.

Loknar09:28:18 - 02 Dec 2018 [UTC]

They can always give new proposals though...

Loknar09:28:45 - 02 Dec 2018 [UTC]

But they mustn't decide things for themselves.

Florian09:28:59 - 02 Dec 2018 [UTC]

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evolution09:29:03 - 02 Dec 2018 [UTC]

Hello! Only I can not load Bitshares? White screen

Satoshi Deexomoto deex.exchange10:13:36 - 02 Dec 2018 [UTC]

Try various web faces

Satoshi Deexomoto deex.exchange10:13:50 - 02 Dec 2018 [UTC]

For instance deex.exchange

K C10:20:51 - 02 Dec 2018 [UTC]

withdrawal still suspended on binance?

Omar10:31:39 - 02 Dec 2018 [UTC]

Bitshares stablecoind are the only ones which are trust less?

R10:43:58 - 02 Dec 2018 [UTC]

paathi

Bitshares stablecoind are the only ones which are trust less?

Yes, unless asset permissions have been surrendered by the asset owner. We'll also bts is trustless

trade COIN12:23:09 - 02 Dec 2018 [UTC]

Hard Fork will happen on December 6 right?

trade COIN12:27:29 - 02 Dec 2018 [UTC]

Hard Fork will happen on December 6 right?

Fabian Schuh12:29:15 - 02 Dec 2018 [UTC]

trade COIN

Hard Fork will happen on December 6 right?

no hardfork on bitshares!

Fabian Schuh12:29:31 - 02 Dec 2018 [UTC]

next protocol upgrade in may, still no hard fork.

trade COIN12:29:37 - 02 Dec 2018 [UTC]

xeroc

no hardfork on bitshares!

https://coinmarketcal.com/en/?form%5Bdate_range%5D=02%2F12%2F2018+-+31%2F03%2F2022&form%5Bkeyword%5D=&form%5Bcoin%5D%5B%5D=BitShares+%28BTS%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=

trade COIN12:29:59 - 02 Dec 2018 [UTC]

xeroc

next protocol upgrade in may, still no hard fork.

https://coinmarketcal.com/en/?form%5Bdate_range%5D=02%2F12%2F2018+-+31%2F03%2F2022&form%5Bkeyword%5D=&form%5Bcoin%5D%5B%5D=BitShares+%28BTS%29&form%5Bsort_by%5D=&form%5Bsubmit%5D=

Macy Horovitz12:38:31 - 02 Dec 2018 [UTC]

Hey! I found a group called @ChimeraCryptoTrooper ! They give quality signals on Binance, and ** made more as 600% in a few months ** ! They dont give any pump and dump calls, no HYIP schemes.

Daniel Schwarz (liondani)13:14:11 - 02 Dec 2018 [UTC]

An idea about the fees sructure ... https://steemit.com/bitshares/@clockwork/bitshares-fees-the-fee-schedule-and-dex-profitability#@liondani/re-clockwork-bitshares-fees-the-fee-schedule-and-dex-profitability-20181202t131127493z

Daniel Schwarz (liondani)13:17:44 - 02 Dec 2018 [UTC]

Bitshares... 100% more secure than CEXs and 50% discount on trading fees !!!

Daniel Schwarz (liondani)13:20:24 - 02 Dec 2018 [UTC]

How can that happen? !!!

Daniel Schwarz (liondani)13:24:47 - 02 Dec 2018 [UTC]

bitshares... Where you don't pay 100% more trading fees on a 100% more secure trading platform !!!

Daniel Schwarz (liondani)13:26:33 - 02 Dec 2018 [UTC]

...I know ... you are all speachless now 😄

Allantoyis13:38:11 - 02 Dec 2018 [UTC]

Low fee is an advantage but bitshares interface is the disadvantage, hardest one to learn I think

Stefan14:16:57 - 02 Dec 2018 [UTC]

liondani

Bitshares... 100% more secure than CEXs but 50% less on trading fees !!!

How did you come up with those numbers? Depends strongly on the used gateway. If you consider gateway and market fees, DEX is more expensive than most CEXes, and most CEXes have a more competitive referral program (not for long though, market fee sharing is in the works, thanks @Charyury).

Daniel Schwarz (liondani)14:20:10 - 02 Dec 2018 [UTC]

At least we can promise for our stablecoins (bitASSETs)

nutela14:29:51 - 02 Dec 2018 [UTC]

Cryptick1

And I totally agree that is probbaly the right way to solve this. But it takes and MBA to understand some of that math, and that is not easy to explain to people.

I’d love someone explain it well.

R14:32:39 - 02 Dec 2018 [UTC]

liondani

At least we can promise for our stablecoins (bitASSETs)

And trustworthy privatised bitassets 👍

Crypto Kong14:34:13 - 02 Dec 2018 [UTC]

yeah its worth pointing out that the low trading fee markets... are used by hardly anyone

Crypto Kong14:34:47 - 02 Dec 2018 [UTC]

like stefan says... when trading bitcoin or ethereum or litecoin etc via a gateway... most are either same price as cex or more expensive

Channel_Bot14:35:08 - 02 Dec 2018 [UTC]

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Crypto Kong14:35:20 - 02 Dec 2018 [UTC]

by bitshares allowing these assets to trade with virtually no fees the gateways take all the profits whilst the bitshares blockchain operates at a loss

nutela14:35:51 - 02 Dec 2018 [UTC]

liondani

...I know ... you are all speachless now 😄

😂

Crypto Kong14:38:07 - 02 Dec 2018 [UTC]

we do need to be careful we dont put trading fees up to high though... we cant wipe out profits of gateways, realistically we need to be able to allow them to keep fees at no more than 0.2% to stay competitive

Crypto Kong14:39:23 - 02 Dec 2018 [UTC]

would a trading fee schedule be fixed or a percentage?

Crypto Kong14:39:27 - 02 Dec 2018 [UTC]

for the blockchain

Crypto Kong14:40:05 - 02 Dec 2018 [UTC]

ideally it would be a percentage but i suppose thats hard to do when trading in assets that represent assets not native to the blockchain

Daniel Schwarz (liondani)14:46:40 - 02 Dec 2018 [UTC]

Goosebumps

Jam PR14:47:40 - 02 Dec 2018 [UTC]

Loknar

I still think the dynamic MCR is the only solution.

in reading how real brokerage firms operate ... yes, they will up their clients' colllateral ratio requirements dynamically in response to unusual market volatility

Thomas Freedman14:48:12 - 02 Dec 2018 [UTC]

Although a percentage is more profitable, is it the best way? It is a tax as I see it when a percentage is used, b/c it costs the network no more to do a trasaction if it's for 1 BTS or a million. It's not egalitarian, or based on cost to perform the ops. However, I also see it as more of an issue for traders than anyone else, and if a balance between inexpensive fees for traders and providing adequate funding to sustain this ecosystem must be made, I'm in favor of the later.

Daniel Schwarz (liondani)14:49:47 - 02 Dec 2018 [UTC]

Crypto Kong14:51:39 - 02 Dec 2018 [UTC]

ThomasFreedman

fixed fees favour the rich...

Crypto Kong14:52:02 - 02 Dec 2018 [UTC]

percentages are more fair

Crypto Kong14:52:10 - 02 Dec 2018 [UTC]

its same for everyone

Crypto Kong14:52:36 - 02 Dec 2018 [UTC]

a 1bts fee is not noticable to someone placeing a 100k order but is very noticeable to someone placing a 10bts order

Daniel Schwarz (liondani)14:52:43 - 02 Dec 2018 [UTC]

fixed fees harm the poor...

Thomas Freedman14:54:30 - 02 Dec 2018 [UTC]

jambitshares

in reading how real brokerage firms operate ... yes, they will up their clients' colllateral ratio requirements dynamically in response to unusual market volatility

That seem logical and reasonable, to up collateral requirements when the market is more volatile. However, that presumes you want more safety rather than gain thru risk. The advocates for a tighter BitAsset peg are willing to sacrafice that safety, or at least reduce it if it means holding the peg better. I don't believe it's possible to have both safety and a tight peg, but once the fix for dynamic MCR is released the experimentation will start to see if that proves true or false.

Crypto Kong14:57:35 - 02 Dec 2018 [UTC]

perhaps an option would be to tax gateways once they claim asset fees somehow?

Loknar14:59:01 - 02 Dec 2018 [UTC]

jambitshares

in reading how real brokerage firms operate ... yes, they will up their clients' colllateral ratio requirements dynamically in response to unusual market volatility

Yeah, that's what I'm saying...

Thomas Freedman15:03:19 - 02 Dec 2018 [UTC]

Cryptokong123

a 1bts fee is not noticable to someone placeing a 100k order but is very noticeable to someone placing a 10bts order

I hadn't thought of it that was but I do see your point. I'm looking at it from the cost to operate, from cost to ecosystem. Almost everything finacial is easier if you have more money. Why tax success? Taxing people more b/c they have more is just that. It is the politics of envy, not cost of good or service.

Jam PR15:04:40 - 02 Dec 2018 [UTC]

clockworkgr

Probably need to revisit that work at some point

Alex, more considerations on making bitAssets peg work better: 1) As a trader, I don't mind premiums up to 10% ... if my long term trading strategy is correct, 10% won't matter when i'm getting in or out of a position. 2) During margin calls we try to protect people from short squeezes, and to do that fairly, we need a way to force bitAsset holders out of their positions as well (this requires more explanation). —basically if a margin call happens, and no one wants to close out of their bitAsset position ... then that's when you get huge unmatched orders sitting on the books without any buyers at the ask price. So, if we can figure a way that when someone gets margin called, that bitAsset holders get forced to pony up some of their bitAssets at the squeeze protection price. No one gets bothered if the Margin Call gets consumed without dropping price below the squeeze protection price. Otherwise, bitAsset holders would get called as well in a way, and be forced to match up with the margin call at the squeeze protection price. (to do this, a certain percentage of the bitAsset would have to be locked into a smart contract as well. Holders of bitAssets would basically be treated as if they had a margin account as well.

Cryptick Cryptick15:04:42 - 02 Dec 2018 [UTC]

jambitshares

in reading how real brokerage firms operate ... yes, they will up their clients' colllateral ratio requirements dynamically in response to unusual market volatility

Agreed. However, we are dealing with assets that are riskier than waht most trading firms normally deal with. You would have to look into futures, options, and currency trading to get anything comparable to the amount of risk we have here. Those firms typically only let investors use cash, until they have a lot of money and proof of finanical aptitude.

Jam PR15:07:23 - 02 Dec 2018 [UTC]

Cryptick1

the main point is that brokerages do everything they can .. and still sometimes have to sue their clients to get all their money ... in the case of margin calls during extreme volatility

Crypto Kong15:10:35 - 02 Dec 2018 [UTC]

ThomasFreedman

I hadn't thought of it that was but I do see your point. I'm looking at it from the cost to operate, from cost to ecosystem. Almost everything finacial is easier if you have more money. Why tax success? Charging people more b/c they have more is just that. It is the politics of envy, not cost of good or service.

its not about taxing success... its about getting bitshares to a point where it at least breaks even. it operates at massive losses at the moment whilst exchanges built on top of it make massive profits, bitshares needs to take its cut of that.

Crypto Kong15:11:13 - 02 Dec 2018 [UTC]

it cant carry on. it will drain the reserve pool, then we cant pay witnesses so they will stop, then you have no bitshares

Jam PR15:11:24 - 02 Dec 2018 [UTC]

ThomasFreedman

I hadn't thought of it that was but I do see your point. I'm looking at it from the cost to operate, from cost to ecosystem. Almost everything finacial is easier if you have more money. Why tax success? Charging people more b/c they have more is just that. It is the politics of envy, not cost of good or service.

% based fees are what seperate cryto trading from TDAmeritrade ... trade bots depend on % based fee structure to operate their trading strategy .. which usually does good things for the market in terms of market making and arbitrage ... all good for everyone in the eco-system

Jam PR15:12:56 - 02 Dec 2018 [UTC]

raising the fees is cool tho ... traders just need to know how much of a spread they have to get to pay the fees

Daniel Schwarz (liondani)15:13:03 - 02 Dec 2018 [UTC]

I think it's a good time to consider reviving stablecoi markets, like bitGOLD,bitSILVER etc... I am sure on these low bts price levels many would have the guts right now to short even gold into existence....

Jam PR15:15:26 - 02 Dec 2018 [UTC]

liondani

i just hope they clear the books if we get a bump to say BTS = $0.085 ... everyone should prepare for a ride back to below 0.05 now that we know it can still happen

Thomas Freedman15:17:48 - 02 Dec 2018 [UTC]

Cryptokong123

And that is why I said there's a balance, a trade off between the 2 camps. I was only describing the underlying principles behind either policy choice. It IS about taxing success, AND providing adequate profits of ecosystem to sustain it. Perhaps we need to devise a way to address the problem of exchanges, rather than charging higher fees to traders. Not sure if that's possible without requiring some type of registration for exchanges. I suspect if you did that most exchanges would just stop providing bts trading.

R15:23:04 - 02 Dec 2018 [UTC]

liondani

requires the bts price to increase, just use privatised bitassets for the short term 👍 why not make a new gold bitasset? :D

Crypto Kong15:30:05 - 02 Dec 2018 [UTC]

ThomasFreedman

You dont necessairly have to increase trade fees. Increase the fee for asset issuers to claim trade fees

Daniel Schwarz (liondani)15:41:51 - 02 Dec 2018 [UTC]

cmmob

requires the bts price to increase, just use privatised bitassets for the short term 👍 why not make a new gold bitasset? :D

Must consider it very seriously. Then again it must be a community effort... So I think reviving bitGOLD makes more sense and will get more trust in the longterm from future "investors"

R15:42:17 - 02 Dec 2018 [UTC]

liondani

Must consider it very seriously. Then again it must be a community effort... So I think reviving bitGOLD makes more sense and will get more trust in the longterm from future "investors"

the only way to revive it is to follow BSIP 18 - BTS's price increasing will fix it

R15:43:08 - 02 Dec 2018 [UTC]

Cryptokong123

You dont necessairly have to increase trade fees. Increasing the fee for asset issuers to claim trade fees is one option.

The last fee calculation BTS had a far higher valuation, a fee reschedule relevant to the new price of BTS would be good for the reserve pool 👍

Stefan15:57:04 - 02 Dec 2018 [UTC]

Cryptokong123

would a trading fee schedule be fixed or a percentage?

The transaction fee is absolute, market fee is %, and I think from the Blockchain as a platform it should remain like that. Tapping into % trading fee somehow else is a different story

R16:05:06 - 02 Dec 2018 [UTC]

ThomasFreedman

Trading fees aren't as important as asset registration fees 👌

Stefan16:10:14 - 02 Dec 2018 [UTC]

cmmob

Trading fees aren't as important as asset registration fees 👌

Yes they are. A gateway can get away with only paying the 5 or more digits fee, also you need to think longterm. Trading fees are for the sustainability, asset creation fees a bonus

Permie16:11:19 - 02 Dec 2018 [UTC]

ThomasFreedman

Why stop exchanges earning a profit? They're being sensible Bitshares is the one undercharging Traders want liquidity more than they want cheap fees. If that wasn't true, Bitshares would be booming coz it's the cheapest the trade on. Why are all the traders choosing centralised exchanges that charge them higher fees than we do?

Permie16:13:36 - 02 Dec 2018 [UTC]

Permie

https://www.youtube.com/watch?v=wpmTuNvGQjQ&list=PLtvlJThEBitlnICOEFHvAMx48uYQqMtNH&index=3&t=496s

Permie16:14:19 - 02 Dec 2018 [UTC]

@octomatic

Fabian Schuh16:22:25 - 02 Dec 2018 [UTC]

Permie

Why stop exchanges earning a profit? They're being sensible Bitshares is the one undercharging Traders want liquidity more than they want cheap fees. If that wasn't true, Bitshares would be booming coz it's the cheapest to trade on. Why are all the traders choosing centralised exchanges that charge them higher fees than we do? Higher fees = more aggressive reinvestment in the Reserve Fund = more sustainable growth and development for Bitshares

Discussion currently going on about raising fees quite a bit: https://github.com/bitshares/committee-tools/pull/1/files feedback welcome

Permie16:22:50 - 02 Dec 2018 [UTC]

Fantastic Great news :)

Slavi La Libertad16:26:11 - 02 Dec 2018 [UTC]

clockworkgr

why do you think i keep saying we need to increase them?

Any plan to remove 0.1% for usd/cny? May be a proposal for voting... I suppose many people (proxies) will vote for it.

Permie16:27:58 - 02 Dec 2018 [UTC]

clockworkgr

new proposed fee schedule SHOULD be up for discussion very soon

👍👍👍

bench16:31:12 - 02 Dec 2018 [UTC]

memset

Any plan to remove 0.1% for usd/cny? May be a proposal for voting... I suppose many people (proxies) will vote for it.

we should reduce the fee to 0.06% for LTM, and integrate the 0.04% in the refferal system

Slavi La Libertad16:31:21 - 02 Dec 2018 [UTC]

xeroc

Discussion currently going on about raising fees quite a bit: https://github.com/bitshares/committee-tools/pull/1/files feedback welcome

A typo? Or symbol4 is planned to be more costly than symbol3? :)

Fabian Schuh16:34:01 - 02 Dec 2018 [UTC]

memset

A typo? Or symbol4 is planned to be more costly than symbol3? :)

typo of course! please make a remark on github!

Slavi La Libertad16:34:56 - 02 Dec 2018 [UTC]

xeroc

typo of course! please make a remark on github!

I would do, but now I'm out of a computer with github account.

Fabian Schuh16:35:48 - 02 Dec 2018 [UTC]

memset

I would do, but now I'm out of a computer with github account.

ok, i'll quickly add a note

Slavi La Libertad16:36:01 - 02 Dec 2018 [UTC]

👌

bench16:38:27 - 02 Dec 2018 [UTC]

Trading fees should be used in a bear market to buy back BTS cheap to increase reserve fund

bench16:38:44 - 02 Dec 2018 [UTC]

and saved during a bull market

R16:40:45 - 02 Dec 2018 [UTC]

bigger fees also benefit any participants of the referral mechanism - several gateways register users with their own faucet which means they'll get more BTS fees from their registered users 👍

Crypto Kong16:48:27 - 02 Dec 2018 [UTC]

habibi7

Trading fees should be used in a bear market to buy back BTS cheap to increase reserve fund

worked well for bitcrab...

kenCode16:48:33 - 02 Dec 2018 [UTC]

xeroc

Discussion currently going on about raising fees quite a bit: https://github.com/bitshares/committee-tools/pull/1/files feedback welcome

please don't raise fees. demand dictates price. please put the DAC strength and growth before people's personal gains.

Crypto Kong16:50:50 - 02 Dec 2018 [UTC]

kenCode

please don't raise fees. demand dictates price. please put the DAC strength and growth before people's personal gains.

IMO fees need to go up, there needs to be a better balance, bitshares cant keep making such losses...

kenCode16:51:21 - 02 Dec 2018 [UTC]

what's causing the losses if it was not the fees?

Crypto Kong16:51:32 - 02 Dec 2018 [UTC]

not saying we need to up the fees so much bitshares is instantly profitable but we need to close the gap

kenCode16:51:37 - 02 Dec 2018 [UTC]

bad worker props perhaps?

kenCode16:51:55 - 02 Dec 2018 [UTC]

transfer fees at least need to stay where they are, please.

Crypto Kong16:51:55 - 02 Dec 2018 [UTC]

yes that would certainly contribute

Crypto Kong16:52:16 - 02 Dec 2018 [UTC]

such as the open market operation... very bad

Crypto Kong16:52:25 - 02 Dec 2018 [UTC]

very poor decision making

kenCode16:52:29 - 02 Dec 2018 [UTC]

i see so many shitcoins now, yeah maybe asset creation fee could go up

kenCode16:52:41 - 02 Dec 2018 [UTC]

but for mass adoption, we need near-zero fees

Crypto Kong16:53:09 - 02 Dec 2018 [UTC]

as adoption increases... fees can be lowered

kenCode16:53:09 - 02 Dec 2018 [UTC]

transfers and basic ops used in point of sale

bench16:53:40 - 02 Dec 2018 [UTC]

we should review the fees not rise it, market fee could be go to 0.06% for LTM

kenCode16:54:20 - 02 Dec 2018 [UTC]

there is so many more important things that need to be added and fixed right now

kenCode16:54:53 - 02 Dec 2018 [UTC]

223 things to be precise

kenCode16:54:54 - 02 Dec 2018 [UTC]

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

Stefan16:55:37 - 02 Dec 2018 [UTC]

Put your constructive remarks in the above github link

kenCode16:56:01 - 02 Dec 2018 [UTC]

remarks are on github, but not many people will look there

Stefan16:58:59 - 02 Dec 2018 [UTC]

kenCode

remarks are on github, but not many people will look there

The ones who decide on it likely will

Crypto Kong16:59:39 - 02 Dec 2018 [UTC]

added mine, is witness pay not part of this?

Crypto Kong16:59:43 - 02 Dec 2018 [UTC]

that should be lowered

Gomeravibz17:07:38 - 02 Dec 2018 [UTC]

kenCode

223 things to be precise

why do you ssy 223 things specifically ?

Slavi La Libertad17:16:29 - 02 Dec 2018 [UTC]

kenCode

remarks are on github, but not many people will look there

Put there a request to cancel 0.1% usd/cny fees also. It seems that I need to be active on github and bitsharestalk forum. Talking in Telegram does not have so much power...

Crypto Kong17:20:37 - 02 Dec 2018 [UTC]

memset

Put there a request to cancel 0.1% usd/cny fees also. It seems that I need to be active on github and bitsharestalk forum. Talking in Telegram does not have so much power...

Its in the proposed fee schedule to add that to ALL commitee comtrolled assets

Crypto Kong17:21:37 - 02 Dec 2018 [UTC]

And yes you would do better creating a github account

Crypto Kong17:21:54 - 02 Dec 2018 [UTC]

More people need to get involved

Slavi La Libertad17:22:06 - 02 Dec 2018 [UTC]

Cryptokong123

Its in the proposed fee schedule to add that to ALL commitee controlled assets

Do you mean that committee plans to add 0.1% for bitruble, biteur and etc.?

Crypto Kong17:22:11 - 02 Dec 2018 [UTC]

Yup

Crypto Kong17:22:21 - 02 Dec 2018 [UTC]

And bts i presume

Slavi La Libertad17:22:21 - 02 Dec 2018 [UTC]

😱😢

Slavi La Libertad17:24:41 - 02 Dec 2018 [UTC]

I hope that we do not see something "we've decided to increase fees to 0.5% to be alive on the current bear market" in the future...

succeed99999 succeed9999917:36:01 - 02 Dec 2018 [UTC]

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octomatic17:54:22 - 02 Dec 2018 [UTC]

Permie

@octomatic

👍👍👍

Alex M - clockwork18:05:32 - 02 Dec 2018 [UTC]

Cryptokong123

that should be lowered

I thought so when I wrote the post...at this bts price it should stay where it is...

Stefan18:06:29 - 02 Dec 2018 [UTC]

clockworkgr

I thought so when I wrote the post...at this bts price it should stay where it is...

Also with sophisticated price feed as increased requirement

Alex M - clockwork18:07:43 - 02 Dec 2018 [UTC]

That too

R18:10:31 - 02 Dec 2018 [UTC]

memset

Do you mean that committee plans to add 0.1% for bitruble, biteur and etc.?

upside of privatised bitassets - little to no imposed fee markets 👌

Alex M - clockwork18:18:40 - 02 Dec 2018 [UTC]

Cryptokong123

Its in the proposed fee schedule to add that to ALL commitee controlled assets

.no

Mary Cullen18:24:08 - 02 Dec 2018 [UTC]

Hey guys

C K18:30:15 - 02 Dec 2018 [UTC]

marrycullen1

Hey guys

Hello

Mary Cullen18:30:41 - 02 Dec 2018 [UTC]

Kii_shi

Hello

How are you doing

C K18:31:29 - 02 Dec 2018 [UTC]

marrycullen1

How are you doing

I'm all good What about you?

Mary Cullen18:36:11 - 02 Dec 2018 [UTC]

Kii_shi

I'm all good What about you?

Am fine thank you

Thomas Freedman18:38:07 - 02 Dec 2018 [UTC]

Permie

Why stop exchanges earning a profit? They're being sensible Bitshares is the one undercharging Traders want liquidity more than they want cheap fees. If that wasn't true, Bitshares would be booming coz it's the cheapest to trade on. Why are all the traders choosing centralised exchanges that charge them higher fees than we do? Higher fees = more aggressive reinvestment in the Reserve Fund = more sustainable growth and development for Bitshares

I never said that, please stop putting words in my mouth. Increasing fees (which I also didn't say we should necessarily do) is not the same as saying they can't earn a profit. Let me give you a little business 101 - businesses pass their costs along to their customers, so raising their overhead doesn't necessarily mean their profits drop, tho that is the rhetoric corps like to use.

Thomas Freedman18:41:25 - 02 Dec 2018 [UTC]

kenCode

transfers and basic ops used in point of sale

Don't forget pure p2p by individuals.

Thomas Freedman18:42:17 - 02 Dec 2018 [UTC]

Cryptokong123

that should be lowered

I disagree.

Fabian Schuh18:42:42 - 02 Dec 2018 [UTC]

Cryptokong123

And bts i presume

bts is not controlled by committee. it has no issuer

Slavi La Libertad18:44:41 - 02 Dec 2018 [UTC]

cmmob

upside of privatised bitassets - little to no imposed fee markets 👌

Onlt in HERTZ we trust! 😉

nutela19:04:02 - 02 Dec 2018 [UTC]

memset

Only in HERTZ we trust! 😉

Yay! 😂

Crypto Kong19:04:34 - 02 Dec 2018 [UTC]

xeroc

bts is not controlled by committee. it has no issuer

can trade fees be altered on it though?

R19:05:32 - 02 Dec 2018 [UTC]

Cryptokong123

can trade fees be altered on it though?

Sure, for years, nothing new.

Crypto Kong19:07:09 - 02 Dec 2018 [UTC]

ok cool thats what i thought and was getting at

Stefan19:29:03 - 02 Dec 2018 [UTC]

There can never be market fees on BTS, it's owned by null-account

Crypto Kong19:30:33 - 02 Dec 2018 [UTC]

oh ok cool thanks

R20:05:06 - 02 Dec 2018 [UTC]

kenCode

there is so many more important things that need to be added and fixed right now

Github issues are an entirely separate work flow from committee fee schedule reviews though

Stefan20:09:12 - 02 Dec 2018 [UTC]

cmmob

Github issues are an entirely separate work flow from committee fee schedule reviews though

Don't try to be rational now

Lucifer MorningStar21:00:41 - 02 Dec 2018 [UTC]

Guys is bitshares getting hard fork 5 December or it is just fud

Once Uponatime21:02:29 - 02 Dec 2018 [UTC]

walid1991

Guys is bitshares getting hard fork 5 December or it is just fud

Source?

Fabian Schuh21:02:56 - 02 Dec 2018 [UTC]

onceponatime

Source?

CMC spreads that on their "hard fork event schedule" IIRC

Lucifer MorningStar21:06:56 - 02 Dec 2018 [UTC]

onceponatime

Source?

Coinmarketcal.com

Lucifer MorningStar21:07:47 - 02 Dec 2018 [UTC]

xeroc

CMC spreads that on their "hard fork event schedule" IIRC

So it’s not true

Once Uponatime21:08:48 - 02 Dec 2018 [UTC]

walid1991

So it’s not true

Not true.

Once Uponatime21:09:18 - 02 Dec 2018 [UTC]

Was CMC your source of the misinformation?

Alex M - clockwork21:10:08 - 02 Dec 2018 [UTC]

It's both wrong and right

Alex M - clockwork21:10:28 - 02 Dec 2018 [UTC]

Bitshares gets a protocol uograde twice a year

Alex M - clockwork21:11:22 - 02 Dec 2018 [UTC]

A protocol upgrade is a hard work in the sense that it is consensus changing (although it never leaves 2 chains)

Alex M - clockwork21:11:32 - 02 Dec 2018 [UTC]

The second was due for december

Alex M - clockwork21:11:38 - 02 Dec 2018 [UTC]

But it's been pushed back

Crypto Kong21:11:55 - 02 Dec 2018 [UTC]

why was it pushed back?

Alex M - clockwork21:13:18 - 02 Dec 2018 [UTC]

Just too much stuff that needs to be finished

Alex M - clockwork21:14:59 - 02 Dec 2018 [UTC]

Been out all day...did I miss anything important?

Stefan21:18:48 - 02 Dec 2018 [UTC]

clockworkgr

Been out all day...did I miss anything important?

🤷‍♂

Crypto Kong21:20:41 - 02 Dec 2018 [UTC]

clockworkgr

Been out all day...did I miss anything important?

Jenny says "hi"

Alex M - clockwork21:23:34 - 02 Dec 2018 [UTC]

Rofl

funkit21:24:51 - 02 Dec 2018 [UTC]

The fun is elsewhere.

R21:25:05 - 02 Dec 2018 [UTC]

walid1991

Guys is bitshares getting hard fork 5 December or it is just fud

btc has trashed the term 'hard fork' what nonsense that mandatory upgrades are feared

Lucifer MorningStar21:25:11 - 02 Dec 2018 [UTC]

onceponatime

Was CMC your source of the misinformation?

Yeah bro

Linda Tiffan21:30:05 - 02 Dec 2018 [UTC]

John21:53:47 - 02 Dec 2018 [UTC]

QŹi

octomatic00:03:21 - 03 Dec 2018 [UTC]

perhaps some of your old timers know the answer - how did Bitshares blockchain get bootstrapped at the beginnning with witness nodes?

octomatic00:03:30 - 03 Dec 2018 [UTC]

how were the top 21 voted in?

Permie00:22:44 - 03 Dec 2018 [UTC]

ThomasFreedman

You misunderstand me Exchangers are charging a higher fee than Bitshares is Rather than exchanges lowering their fees, Bitshares should be raising its own fees

Thomas Freedman00:27:50 - 03 Dec 2018 [UTC]

Perhaps I did, so please try making your point again. When you asked, "Why stop exchanges earning a profit?" you implied that I wanted to stop exchanges from making a profit, which I never said or implied.

Permie00:35:37 - 03 Dec 2018 [UTC]

ThomasFreedman

What did you mean by "Perhaps we need to find a way to solve the problem of exchanges" ? What's the problem? There are quite a few choices of exchange to use, let the market solve any problems I mean to say that I think Bitshares charges too little for its fees The fees are Bitshares the business' income If there's no income, where's the incentive to hold bts? Okay it's a cool product that lets you borrow against it And you can vote with them But what is there to vote for if the RF deletes because it has no fee income? Credit card transactions charge ~2% Bitcoin charges ~$1++ I'm not talking about huge fees, but the competition we need to best is WAY higher than what Bitshares is currently charging. I think we should close the gap a bit

Thomas Freedman00:58:36 - 03 Dec 2018 [UTC]

Permie

What did you mean by "Perhaps we need to find a way to solve the problem of exchanges" ? (I, perhaps wrongly, assumed you meant that maybe it would be good to make exchanges lower their fees) What's the problem? There are quite a few choices of exchange to use, let the market solve any problems I mean to say that I think Bitshares charges too little for its fees The fees are Bitshares the business' income If there's no income, where's the incentive to hold bts? Okay it's a cool product that lets you borrow against it And you can vote with them But what is there to vote for if the RF deletes because it has no fee income? Credit card transactions charge ~2% Bitcoin charges ~$1++ I'm not talking about huge fees, but the competition we need to beat is WAY higher than what Bitshares is currently charging. I think we should close the gap a bit

`Perhaps we need to find a way to solve the problem of exchanges` I wasn't thinking of profit, I was thinking of voting and influence. The influence may or may be used by echanges, but it could be. Disregard that, not on point to fees. When you say: ", let the market solve any problems" I'm OK with that, but one market indicator that seems to be ignored here is that we have no market or liquidity to compete with those exchanges. Normal market mechanics would say `lower` our fees to attract more xxx??? users/traders/savers ?? Who you trying to attract? BitShares has other problems, and I think they were created long ago and we can't seem to identify it or overcome those problems. So some degree some of those same fundamental issues have surfaced in EOS and other projects that buck the mainstream people flooding into the space. It makes no sense to raise fees when there is such a low demand for our services for so long. We need to take a deep look at why this project has not been able to gain more attention when as you say our fees are so much lower than the major exchanges. There's something more fundamental keeping us from "success". The number of acounts is going thru the roof, and there are tons of shitokens, so perhaps fees for those things cold be increased. I don't buy that argument for all services across the board.

Thomas Freedman01:01:39 - 03 Dec 2018 [UTC]

ThomasFreedman

Perhaps we need to find a way to solve the problem of exchanges I wasn't thinking of profit, I was thinking of voting and influence. The influence may or may not be used by echanges, but it could be. Disregard that, not on point to fees. When you say: ", let the market solve any problems" I'm OK with that, but one market indicator that seems to be ignored here is that we have no market or liquidity to compete with those exchanges. Normal market mechanics would say lower our fees to attract more xxx??? users/traders/savers ?? Who you trying to attract? BitShares has other problems, and I think they were created long ago and we can't seem to identify it or overcome those problems. So some degree some of those same fundamental issues have surfaced in EOS and other projects that buck the mainstream people flooding into the space. It makes no sense to raise fees when there is such a low demand for our services for so long. We need to take a deep look at why this project has not been able to gain more attention when as you say our fees are so much lower than the major exchanges. There's something more fundamental keeping us from "success". The number of acounts is going thru the roof, and there are tons of shitokens, so perhaps fees for those things cold be increased. I don't buy that argument for all services across the board.

That wasn't a particularly well written reply, but hopefully you understood what I was trying to convey.

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Cristian Ortiz02:58:49 - 03 Dec 2018 [UTC]

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Crypto Kong05:15:00 - 03 Dec 2018 [UTC]

ThomasFreedman

IMO there's no difference in fees for vast majority of users. They dont notice it. The only ones who do are perhaps whales and bot users. Whales cant really trade on dex not enough liquidity. So bot users seem to me the only ones affected or enticed by trading fee changes

Crypto Kong05:16:18 - 03 Dec 2018 [UTC]

So like you say... must be anotger reason people dont use dexs. Its not fees.

Alex M - clockwork05:22:34 - 03 Dec 2018 [UTC]

Cryptokong123

So like you say... must be another reason people dont use dexs. Its not fees.

Yep

Jonathan Bahai05:33:32 - 03 Dec 2018 [UTC]

Cryptokong123

So like you say... must be another reason people dont use dexs. Its not fees.

Its misaligned incentives.. the current mechanisms used were based on many assumptions made by the cryptonomex team in 2015... some of those experiments have yielded results that have either not been acted upon or nobody has the guts or creativity to try and change... potentially because the current way things are suits some just fine. I'm for experiments.. but more so for responding to the results they yield.. not indefinite aimlessness

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king Turner05:40:08 - 03 Dec 2018 [UTC]

king Turner05:40:17 - 03 Dec 2018 [UTC]

king Turner05:40:27 - 03 Dec 2018 [UTC]

Cryptick Cryptick05:46:19 - 03 Dec 2018 [UTC]

yeah, I am glad to see the discussion on the fees. What we need to talk about is some basic numbers... How much money in USD do we need a year to pay for all current worker propsals. (IE real human workers, not market stabilization funds which is a seperate discussion) Then how many transactions a day do we currently have. You take one number, and devide it by the other number. This is a great starting point for discussion. Then we need to look at how many of which transactions we have, and which one we want fees on. And how many life time memeber veres non-lifetime member accounts we have (if we have different fee structure). Now we are still going to need to addjust for stuff like referal income, but that these are the numbers we need to start a disccusion with.

Cryptick Cryptick05:47:58 - 03 Dec 2018 [UTC]

To help out I would like to share the numbers I did this summer. https://steemit.com/bitshares/@cryptick/bitshares-has-about-33-000-active-users

Cryptick Cryptick05:53:55 - 03 Dec 2018 [UTC]

Which is a general warning that we have a lot less real activity than some people think...

Fabian Schuh06:02:58 - 03 Dec 2018 [UTC]

Cryptick1

click the file link in the pull request opening post. it contains multiple tabs with more info including a projection of profits

syalon06:06:49 - 03 Dec 2018 [UTC]

xeroc

click the file link in the pull request opening post. it contains multiple tabs with more info including a projection of profits

Hello Fabian Can you invite you to participate in the multi-signature management of our workers?

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Janice Richard07:01:46 - 03 Dec 2018 [UTC]

Happiness Mitimingi08:10:51 - 03 Dec 2018 [UTC]

https://localbitcoins.com/?ch=ms8u

Happiness Mitimingi08:11:05 - 03 Dec 2018 [UTC]

https://localbitcoins.com/?ch=ms8u

Happiness Mitimingi08:11:17 - 03 Dec 2018 [UTC]

https://localbitcoins.com/?ch=ms8u

Happiness Mitimingi08:11:17 - 03 Dec 2018 [UTC]

https://localbitcoins.com/?ch=ms8u

Alex M - clockwork08:16:51 - 03 Dec 2018 [UTC]

good mornign everyone

Permie08:17:09 - 03 Dec 2018 [UTC]

Good morning Alex

Alex M - clockwork08:17:32 - 03 Dec 2018 [UTC]

added some comments insight to teh fee scheduel discussion on github

Stefan08:17:57 - 03 Dec 2018 [UTC]

clockworkgr

added some comments/insight to the fee schedule discussion on github

What was the link?

Alex M - clockwork08:18:35 - 03 Dec 2018 [UTC]

https://github.com/bitshares/committee-tools/pull/1

Happiness Mitimingi08:18:54 - 03 Dec 2018 [UTC]

https://localbitcoins.com/?ch=ms8u

Happiness Mitimingi08:20:18 - 03 Dec 2018 [UTC]

https://localbitcoins.com/?ch=ms8u

Alex M - clockwork08:24:18 - 03 Dec 2018 [UTC]

also...interesting twitter thread we opened up regarding bitassets: https://twitter.com/decentrali/status/1069469206012444672

Alex M - clockwork08:24:43 - 03 Dec 2018 [UTC]

(threaded in variosu replies so check all)

Alex M - clockwork08:26:11 - 03 Dec 2018 [UTC]

sschiessl

What was the link?

btw...when is bid collateral merged to develop?

Georgy08:32:42 - 03 Dec 2018 [UTC]

hi2all

fav08:48:07 - 03 Dec 2018 [UTC]

Valera Cogut08:48:19 - 03 Dec 2018 [UTC]

hi 😉

Alex M - clockwork08:48:36 - 03 Dec 2018 [UTC]

Hi admin

Mathew08:48:47 - 03 Dec 2018 [UTC]

Stefan08:49:32 - 03 Dec 2018 [UTC]

clockworkgr

btw...when is bid collateral merged to develop?

Today

Alex M - clockwork08:49:41 - 03 Dec 2018 [UTC]

Cool

Kevin08:50:16 - 03 Dec 2018 [UTC]

Hi is there an admin here?

Stefan08:50:19 - 03 Dec 2018 [UTC]

Pending I don't find something to complain about in the PR 😁

Valera Cogut08:50:48 - 03 Dec 2018 [UTC]

Kimchiking

Hi is there an admin here?

you are admin :)

Stefan08:50:58 - 03 Dec 2018 [UTC]

clockworkgr

Cool

Pending I don't find something to complain about in the PR 😁

Valera Cogut08:51:11 - 03 Dec 2018 [UTC]

Alex M - clockwork09:00:10 - 03 Dec 2018 [UTC]

valeracogut

you are admin :)

Lol

Crypto Kong09:08:29 - 03 Dec 2018 [UTC]

Kimchiking

😂

Crypto Kong09:22:55 - 03 Dec 2018 [UTC]

I was thinking about how the proxy/ voting system could be improved and IMO we need more proxies. We need to encourage more little communities or groups with proxies who represent them. Expecting everyone in the bitshares ecosystem is unrealistic. So how do we go about encouraging people to become proxies and to get them to fight for (and maintain) votes. To me the answer is simple. We need to offer a financial incentive for proxies. Incentives can be complex and have various requirements in order to receive, this part probably needs more thought/ discussion but here are a couple of ideas so far: -Proxy rewards only issued every 6 months. -Rewards based on some kind of balance between number of accounts voting for them and number of votes. So that someone with 1 voter holding 100mil doesnt give them a massive payout. -Rewards based on max number of votes, ie: if a proxy gains 100 votes but drops to 50 then no rewards until over 100 again, this would hopefully stop people constantly adding and removing votes to game the system. -Decaying proxy votes would also be included somehow in this system. The idea is to encourage more people to become proxies but to also reward them for constant growth of support. IMO this would encourage more users to remove votes from main proxies and start smaller groups and lobby votes from like minded people.

Crypto Kong09:22:59 - 03 Dec 2018 [UTC]

Thoughts?

Alex M - clockwork09:27:38 - 03 Dec 2018 [UTC]

hmm

Alex M - clockwork09:27:46 - 03 Dec 2018 [UTC]

efinately needs refinement

Alex M - clockwork09:27:52 - 03 Dec 2018 [UTC]

but i do see some potential there

Alex M - clockwork09:28:23 - 03 Dec 2018 [UTC]

it's an interesting approach

Kristin Low09:30:03 - 03 Dec 2018 [UTC]

Yeah I like the idea of emphasising smaller political units of influence. Cool idea man.

Crypto Kong09:34:09 - 03 Dec 2018 [UTC]

clockworkgr

efinately needs refinement

Yeah defo a lot to discuss

Crypto Kong09:34:16 - 03 Dec 2018 [UTC]

Kristin_Spark

Yeah I like the idea of emphasising smaller political units of influence. Cool idea man.

😁

Crypto Kong09:35:32 - 03 Dec 2018 [UTC]

Obviously i understand this adds another cost to the system but i feel its a necessairy one to encourage better distribution of voting power

Forex&bitcoin Trader09:36:01 - 03 Dec 2018 [UTC]

Hello

Valera Cogut09:36:51 - 03 Dec 2018 [UTC]

Cryptokong123

Obviously i understand this adds another cost to the system but i feel its a necessairy one to encourage better distribution of voting power

nice idea ! but need more disscusion imho, maybe you should write new bsip in github for this ?

Alex M - clockwork09:37:03 - 03 Dec 2018 [UTC]

thign is it can still be gamed without KYC

Alex M - clockwork09:37:11 - 03 Dec 2018 [UTC]

a whale can simply split his balances across acounts

Alex M - clockwork09:37:25 - 03 Dec 2018 [UTC]

but def some interesting stuff to be discussed

Mathew09:47:12 - 03 Dec 2018 [UTC]

Yeah interesting idea Kong... Are Committee members paid @clockworkgr ?

Alex M - clockwork09:47:19 - 03 Dec 2018 [UTC]

matle85

Yeah interesting idea Kong... Are Committee members paid @clockworkgr ?

nope

Mathew09:47:56 - 03 Dec 2018 [UTC]

Yeah so that would be the first stumbling block as if proxies get paid Committee members definitely should

Alex M - clockwork09:48:15 - 03 Dec 2018 [UTC]

its been considered...

Alex M - clockwork09:48:30 - 03 Dec 2018 [UTC]

but its a bit of a vicious cycle

Alex M - clockwork09:49:02 - 03 Dec 2018 [UTC]

imho committee should not be paid unless it shows some proer successful initiative in business management

Permie09:49:10 - 03 Dec 2018 [UTC]

Originally the committee was designed to be an honorary position awarded to trusted community members and high value bts holders

Alex M - clockwork09:49:36 - 03 Dec 2018 [UTC]

but hard to show that since it requires a time and effort commitment it's hard to make if not beign paid

Permie09:50:11 - 03 Dec 2018 [UTC]

clockworkgr

imho committee should not be paid unless it shows some proer successful initiative in business management

I agree with this

Alex M - clockwork09:50:16 - 03 Dec 2018 [UTC]

maybe if you actually had the free time

Alex M - clockwork09:50:27 - 03 Dec 2018 [UTC]

but none of teh current committee members do

Permie09:50:41 - 03 Dec 2018 [UTC]

Committee is "just" to set fees right?

Alex M - clockwork09:50:47 - 03 Dec 2018 [UTC]

from doing otehr work aroudn the ecosystem

Alex M - clockwork09:51:12 - 03 Dec 2018 [UTC]

Permie

Committee is "just" to set fees right?

fees & chain parameters

Permie09:51:17 - 03 Dec 2018 [UTC]

Perhaps it's better if non-committee members come up with the ideas and lobby the committee to integrate them

Alex M - clockwork09:51:22 - 03 Dec 2018 [UTC]

if going strictly by code

Alex M - clockwork09:51:37 - 03 Dec 2018 [UTC]

outside what the chain "requires"

Alex M - clockwork09:51:58 - 03 Dec 2018 [UTC]

it also acts as an advisory board to the BBF

Alex M - clockwork09:52:55 - 03 Dec 2018 [UTC]

and according to original discussions./white paper etc , it's supposed to act as the business management of bitshares in a way

Crypto Kong10:05:51 - 03 Dec 2018 [UTC]

clockworkgr

a whale can simply split his balances across acounts

With rewards calculated from a balance of weight from total votes received and number of wallets voting for it shouldnt make any difference. Perhaps another consideration could be that a voters weight would only count if active for a certain length of time or would have a delay in counting if it switches proxy

Crypto Kong10:06:21 - 03 Dec 2018 [UTC]

We might not be able to stop gaming the system completely but we can certainly make it not worth the effort

Alex M - clockwork10:06:25 - 03 Dec 2018 [UTC]

referring to: "Rewards based on some kind of balance between number of accounts voting for them and number of votes. So that someone with 1 voter holding 100mil doesnt give them a massive payout."

Alex M - clockwork10:06:38 - 03 Dec 2018 [UTC]

so 1 accoutn splitting to 100 accoutns w/ 1 mill each

Alex M - clockwork10:06:43 - 03 Dec 2018 [UTC]

games the system

Alex M - clockwork10:06:52 - 03 Dec 2018 [UTC]

just saying...loads of stuff to figure out

Alex M - clockwork10:07:23 - 03 Dec 2018 [UTC]

but like Kristin says, i really like the small lobby tyep grousp of power

Crypto Kong10:07:27 - 03 Dec 2018 [UTC]

Yeah but if the rewards were calculated from a balance of number of accounts & total bts it wouldnt matter

Crypto Kong10:07:34 - 03 Dec 2018 [UTC]

clockworkgr

just saying...loads of stuff to figure out

Agreed

Alex M - clockwork10:07:59 - 03 Dec 2018 [UTC]

would love to hear @xeroc's thoughts as he's always been in favour of many proxies

Crypto Kong10:08:01 - 03 Dec 2018 [UTC]

Theres probably far more capable people than me at working out these intricate details

Crypto Kong10:08:25 - 03 Dec 2018 [UTC]

clockworkgr

but like Kristin says, i really like the small lobby tyep grousp of power

Yeah me too

Alex M - clockwork10:09:14 - 03 Dec 2018 [UTC]

it also forces proxies to better express their platform/campaign

Alex M - clockwork10:09:23 - 03 Dec 2018 [UTC]

so once proxy woudl be trader-focused

Alex M - clockwork10:09:37 - 03 Dec 2018 [UTC]

pushign for stuff that makes things easier and better for traders

Alex M - clockwork10:09:52 - 03 Dec 2018 [UTC]

another one for long term business growth

Alex M - clockwork10:09:53 - 03 Dec 2018 [UTC]

etc.

Alex M - clockwork10:10:05 - 03 Dec 2018 [UTC]

and they'd have to express their agenda for votes

Crypto Kong10:10:50 - 03 Dec 2018 [UTC]

Exactly

Alex M - clockwork10:11:05 - 03 Dec 2018 [UTC]

yeah

Alex M - clockwork10:11:11 - 03 Dec 2018 [UTC]

regardless of payment or not

Crypto Kong10:11:13 - 03 Dec 2018 [UTC]

And this would be perfect platform to use beet for

Alex M - clockwork10:11:14 - 03 Dec 2018 [UTC]

still digging this

Alex M - clockwork10:11:17 - 03 Dec 2018 [UTC]

yep

Mathew10:11:44 - 03 Dec 2018 [UTC]

Proxy groups is literally the dream decentralised option really

Mathew10:12:11 - 03 Dec 2018 [UTC]

Making sure everyone is represented, almost needs a page with a short proxy blurb and visibility of their voting history

Alex M - clockwork10:12:14 - 03 Dec 2018 [UTC]

bitsharesvotes could maintain a list of active proxies

Alex M - clockwork10:12:37 - 03 Dec 2018 [UTC]

and have questionnaires that all proxies must fill out

Alex M - clockwork10:12:56 - 03 Dec 2018 [UTC]

so we coudl then present a questionnaire to the user

Alex M - clockwork10:13:03 - 03 Dec 2018 [UTC]

and "match" him to a proxy

Alex M - clockwork10:13:10 - 03 Dec 2018 [UTC]

like a multiple choice one

Alex M - clockwork10:13:17 - 03 Dec 2018 [UTC]

depending on which oen he aligns most with

Mathew10:13:26 - 03 Dec 2018 [UTC]

Yeah big potential here even without the payment - I say let's get a system in place and if there is trouble getting people put forward then introduce incentives

Alex M - clockwork10:13:39 - 03 Dec 2018 [UTC]

could be continuously expanded with questions placed by teh community

Alex M - clockwork10:13:40 - 03 Dec 2018 [UTC]

etc.

Mathew10:13:46 - 03 Dec 2018 [UTC]

The really challenge is actually getting enough votes to have a meaningful impact

Alex M - clockwork10:14:05 - 03 Dec 2018 [UTC]

@sscheissl thoughts?

Alex M - clockwork10:16:10 - 03 Dec 2018 [UTC]

clockworkgr

depending on which oen he aligns most with

we then present the top 3 or 5 matched proxies along with the matchign score/voting slate and self-description

Alex M - clockwork10:16:29 - 03 Dec 2018 [UTC]

would do wonders for onboarding new users to the voting system

Permie10:17:39 - 03 Dec 2018 [UTC]

clockworkgr

so we coudl then present a questionnaire to the user

Very cool idea

Mathew10:18:45 - 03 Dec 2018 [UTC]

This is all coming together as something that could be great for actually getting users engaged and giving new proxies exposure

Alex M - clockwork10:21:17 - 03 Dec 2018 [UTC]

yeah

Alex M - clockwork10:21:25 - 03 Dec 2018 [UTC]

good job @Cryptokong123 !!

Stefan10:21:30 - 03 Dec 2018 [UTC]

Yes! Proxies are on my list.

Stefan10:21:49 - 03 Dec 2018 [UTC]

I want a Voting History per Proxy (meaning what voted for from when till when etc.)

Alex M - clockwork10:21:58 - 03 Dec 2018 [UTC]

we need to start laying out the features and milestones of bitsharesvotes

Stefan10:22:03 - 03 Dec 2018 [UTC]

All possible, need to figure out the respective ES queries

Stefan10:22:40 - 03 Dec 2018 [UTC]

I'm almost done having a table/list based widget for stuff to vote on

Alex M - clockwork10:23:31 - 03 Dec 2018 [UTC]

on an unrelated note

Alex M - clockwork10:23:36 - 03 Dec 2018 [UTC]

completely off-topic

Alex M - clockwork10:23:38 - 03 Dec 2018 [UTC]

https://medium.com/s/story/how-a-tv-sitcom-triggered-the-downfall-of-western-civilization-336e8ccf7dd0?fbclid=IwAR0H1NB6ARCHwTicc7DiSnmr6iQ8cW4eJNCOLyOdn6Hjy7ov1TBiKk73y94

Alex M - clockwork10:23:40 - 03 Dec 2018 [UTC]

read this

Crypto Kong10:36:12 - 03 Dec 2018 [UTC]

clockworkgr

good job @Cryptokong123 !!

😁

fav10:37:17 - 03 Dec 2018 [UTC]

clockworkgr

completely off-topic

Please stay on topic admin

fav10:37:23 - 03 Dec 2018 [UTC]

😂

Alex M - clockwork10:37:28 - 03 Dec 2018 [UTC]

favdesu

Please stay on topic admin

fuck you, you're not my mum

Alex M - clockwork10:37:33 - 03 Dec 2018 [UTC]

❤️

fav10:37:43 - 03 Dec 2018 [UTC]

But I'll let her know.

fav10:37:48 - 03 Dec 2018 [UTC]

He He he

Alex M - clockwork10:38:05 - 03 Dec 2018 [UTC]

good one

Crypto Kong10:40:30 - 03 Dec 2018 [UTC]

Another possible idea is rather than rewards direct from the chain in BTS, a commitee controlled proxy reward could be created? But im not sure how to create value for such a token to make it actually worth rewarding people....

Stefan10:42:45 - 03 Dec 2018 [UTC]

Cryptokong123

Another possible idea is rather than rewards direct from the chain in BTS, a commitee controlled proxy reward token could be created? But im not sure how to create value for such a token to make it actually worth rewarding people....

The main question IMO is not where the funds for reward are taken from, but how the reward amount is decided

Alex M - clockwork10:44:49 - 03 Dec 2018 [UTC]

not sure the payment is even necessary if we do all the rest

Crypto Kong10:50:53 - 03 Dec 2018 [UTC]

sschiessl

The main question IMO is not where the funds for reward are taken from, but how the reward amount is decided

Agreed

Crypto Kong10:51:00 - 03 Dec 2018 [UTC]

clockworkgr

not sure the payment is even necessary if we do all the rest

Possibly...

Crypto Kong10:51:29 - 03 Dec 2018 [UTC]

I would certainly love to see it all setup and work without rewards

Crypto Kong10:51:57 - 03 Dec 2018 [UTC]

But at the same time it is human nature to want rewarding for time spent. It is engraved in us.

Daniel Schwarz (liondani)10:53:52 - 03 Dec 2018 [UTC]

Cryptokong123

But at the same time it is human nature to want rewarding for time spent. It is engraved in us.

We should make a worker proposal to reward the people spending their time chatting here... 😁

Crypto Kong10:54:20 - 03 Dec 2018 [UTC]

liondani

We should make a worker proposal to reward the people spending their time chatting here... 😁

Id be rich 😂

Alex M - clockwork10:54:36 - 03 Dec 2018 [UTC]

Cryptokong123

Id be rich 😂

i think i'd be richer

R10:54:40 - 03 Dec 2018 [UTC]

Cryptokong123

Id be rich 😂

Not if sentiment was accounted for? 😆

Daniel Schwarz (liondani)10:54:41 - 03 Dec 2018 [UTC]

lol

Alex M - clockwork10:54:56 - 03 Dec 2018 [UTC]

i did consider putting up a worker proposal for "stuff" at soem point

Crypto Kong10:55:13 - 03 Dec 2018 [UTC]

cmmob

Not if sentiment was accounted for? 😆

Lol

Stefan10:55:29 - 03 Dec 2018 [UTC]

I'll claim some "stuff" too :)

Daniel Schwarz (liondani)10:57:03 - 03 Dec 2018 [UTC]

Besides jokes we must consider something like that... Our social media exposure metrics sucks... We would have the most active chats and forums after this....

Alex M - clockwork10:57:13 - 03 Dec 2018 [UTC]

liondani

Besides jokes we must consider something like that... Our social media exposure metrics sucks... We would have the most active chats and forums after this....

@Cryptokong123 is on it

Crypto Kong10:57:42 - 03 Dec 2018 [UTC]

clockworkgr

@Cryptokong123 is on it

Well....

Alex M - clockwork10:57:55 - 03 Dec 2018 [UTC]

planning to be on it

Daniel Schwarz (liondani)10:58:31 - 03 Dec 2018 [UTC]

We need just a reputation system so rewards get not drained from spam accounts...

Crypto Kong10:58:41 - 03 Dec 2018 [UTC]

Didnt see a great response on my bitsharestalk post and that would probably only cost a couple of grand to get the ball rolling lol

Daniel Schwarz (liondani)10:59:33 - 03 Dec 2018 [UTC]

Lets make steemit obsolete 😝

Ammar Yousef11:04:44 - 03 Dec 2018 [UTC]

Hello guys, is cryptonomex active?

Ammar Yousef11:06:10 - 03 Dec 2018 [UTC]

Im trying to contact them since one week but no reply yet

Permie11:07:00 - 03 Dec 2018 [UTC]

Where did you find the contact details?

Ammar Yousef11:07:21 - 03 Dec 2018 [UTC]

On their website, the contact form

R11:09:31 - 03 Dec 2018 [UTC]

liondani

Lets make steemit obsolete 😝

There's already wls for that

R11:09:43 - 03 Dec 2018 [UTC]

AmmarYousef

Hello guys, is cryptonomex active?

Not in bitshares

R11:10:16 - 03 Dec 2018 [UTC]

liondani

Besides jokes we must consider something like that... Our social media exposure metrics sucks... We would have the most active chats and forums after this....

Yeah binance ranked our social media presence as our worst quality lol

Alex M - clockwork11:14:19 - 03 Dec 2018 [UTC]

AmmarYousef

Hello guys, is cryptonomex active?

afaik yes...but not really involved in bitshares dev anymore....what do you need?

Ammar Yousef11:14:53 - 03 Dec 2018 [UTC]

I need to run a gateway soon

Ammar Yousef11:15:23 - 03 Dec 2018 [UTC]

And I want shortcuts instead of starting from zero

Crypto Kong11:15:48 - 03 Dec 2018 [UTC]

Dont we all

Ammar Yousef11:17:01 - 03 Dec 2018 [UTC]

:) we always need shortcuts dude

Alex M - clockwork11:17:26 - 03 Dec 2018 [UTC]

cnx never developed a gateway as far as I know

Alex M - clockwork11:17:53 - 03 Dec 2018 [UTC]

bexi should help get started

Alex M - clockwork11:17:54 - 03 Dec 2018 [UTC]

https://github.com/blockchainbv/bexi

Ammar Yousef11:18:02 - 03 Dec 2018 [UTC]

Im doing a research Alex, appreciate your help

Alex M - clockwork11:18:16 - 03 Dec 2018 [UTC]

bexi is for external exchanges to integrate BST\

Alex M - clockwork11:18:25 - 03 Dec 2018 [UTC]

but the logic is similar

Ammar Yousef11:18:54 - 03 Dec 2018 [UTC]

Let me check it, thanks 🙏

Stefan11:42:16 - 03 Dec 2018 [UTC]

AmmarYousef

Im doing a research Alex, appreciate your help

Worth noting that Bexi is currently for a address based gateways. It can be simplified for a account based gateway

Ammar Yousef11:46:09 - 03 Dec 2018 [UTC]

sschiessl

Worth noting that Bexi is currently for a address based gateways. It can be simplified for a account based gateway

Do you have any article that would help, because Im trying to understand how are the existing gateways running from the codes side, if there is a ready to go API I would be happy to know :)

Stefan11:46:43 - 03 Dec 2018 [UTC]

AmmarYousef

Do you have any article that would help, because Im trying to understand how are the existing gateways running from the codes side, if there is a ready to go API I would be happy to know :)

https://github.com/bitshares/bitshares-ui/wiki/Gateway-Integration-Requirements

Stefan11:47:10 - 03 Dec 2018 [UTC]

AmmarYousef

Do you have any article that would help, because Im trying to understand how are the existing gateways running from the codes side, if there is a ready to go API I would be happy to know :)

A viable way is to take one of the existing gateways, copy their integration in the UI. The API is configured in https://github.com/bitshares/bitshares-ui/blob/develop/app/api/apiConfig.js, the Blocktrades Gateway also offers a RESTler explorer on their integration https://api.blocktrades.us/api/v2/explorer/

Ammar Yousef11:47:14 - 03 Dec 2018 [UTC]

Many thanks Stefan 🌹

Binary Trader12:01:14 - 03 Dec 2018 [UTC]

Alex M - clockwork12:02:23 - 03 Dec 2018 [UTC]

@favdesu apparently have a few LTM discord requests pending...

Alex M - clockwork12:02:52 - 03 Dec 2018 [UTC]

if you can quickly verify the transfers/sigs let me know and i'll add them

Alex M - clockwork12:03:37 - 03 Dec 2018 [UTC]

just copy paste discord ids in a dm

Riboelvins13:09:28 - 03 Dec 2018 [UTC]

Every success is based on action, but every action starts with a thought and that's why every worthwhile accomplishments starts with a change of perspective, renewed sense of purpose and motivation, and remembering the past makes you focus and to stay on the right path of reaching your dreams, and I can boldly say Mr Bruce is a way out of your financial stress, you can connect him via the link below WhatsApp Contact +16178194536 https://t.me/bruce_chu94

fav13:32:41 - 03 Dec 2018 [UTC]

Permie14:17:43 - 03 Dec 2018 [UTC]

The Cabinet who manage DEXBot are gathering community feedback for continuing DEXBot next year, for DEXBot WP 2 https://docs.google.com/document/d/1--2pKHqGTMLQn7o8egrnNrGO_DKVYK7K7EPptlCaDms/edit?usp=sharing @favdesu would you take a look? "It has been an exciting year for the DexBot. We started with chatting about ideas, put together a proposal, created a market making trading bot and launched several strategies. From nothing, we have an MVP (Minimum Viable Product) up, working and under budget. There were many highs and lows along the way, people who have never met came together, decided on a plan and executed it and did so even with a delayed start. After putting the worker proposal out to the community, it took a plunge in the BTS price, before votes passed the proposal. Here was something, we could do to help address liquidity as a community. An instant high followed that low, this is going to happen! Then the work started. Marko put together the team that started to formulated code. There were many questions, ideas and strategies. We got the beta version launched, and then came the long line of bug fixes. There were lows along the way. At times the worker proposal was temporarily defunded, causing a minor panic. There was the time when one new strategies backfired and did not work as intended. Yep, Marko lost not an insignificant amount of his own money. These are the dangers and perils of working on software that deals with real money. It is so easy to say, “We did it,” and forget all the perils along the journey. We needed to keep peace, and work together. We needed to compromise. We needed to decide on what language to use what software to use and what programers to use. We needed to avoid bad partnerships, and form good ones. We needed to tell some people who eagerly wanted to contribute, no -because their help was hurting at the time. We needed to prioritize decisions, and create strategies that added liquidity to the market and did not remove it. Building a communal trading bot, that everyone can use, and uses strategies that help the market and does not hinder it, is not as easy as some may think. From a technical side, there were countless hours of writing code, making sure strategies work as intended and trying to hunt down why someone somewhere was getting an error code. There was keeping peace and on topic in Telegram Chatrooms. There was explaining strategies and markets to new traders. There was making money and losing money while trading. But through all of this, we brought forth the DEXbot, a market making bot that allows ordinary traders and investors to make markets in a helpful and beneficial way adding liquidity to the BitShares blockchain. Along the way, on this journey some exciting things happened. The Dexbot Cabinet came together as a real team to support Marko who did the heavy work managing the project. Because of the DEXbot, Cryptick proposed an Android Custom Wallet Proposal to the community. While that worker did not pass, now there is now whole host of interesting mobile proposals fulfilling the vision. DEXbot is one of the few remaining independent workers outside of the BBF foundation. This is beneficial for all, as it allows the DEXbot, complete independence to promote fair trading, and helps to fully realize the decentralized vision of blockchain projects. The DEXbot is not and does not need to be the most visible project on BitShares. We don’t need everyone involved, but want their vote of support. Ultimately, most people benefit from the Dexbot and do not even realize it. When trading, people take the narrower spreads for granted. The Dexbot works day and night, helping money move back and forth through the BitShares Ecosystem. This is done by the family of traders running the DEXbot and other liquidity providing software.

Permie14:17:43 - 03 Dec 2018 [UTC]

This software increases the number of transactions, increases transaction fees and moves a great deal of CryptoBridge, OpenLedger, GDEX, RUDEX assets, while paying commissions. Everyone benefits. It has been a great start, but there is still more to do. We have a working product, but there is more that we can add. Much of the year was spent building functatility, now we need more efforts towards customer support, users guides, documentation and adding new strategies. Marko has been leading this project part time, but Permie is now ready to step in take over project management. He feels this is the great tool that can be utilized by strategic partners to make trading better on the Dex. We realize markets are not yet as liquid as everyone would like, and we feel more strategies can help facilitate this. Cross exchange arbitrage could help BTS prices stay in line with other markets and enable customers to get better fills. We feel the full potential of the DEXbot project is just starting, and to abandon it now, would be like throwing a young child out onto the streets before he is grown up. While we are working on a backup minimum maintenance plan, we are asking for continued community support. We understand, that Crypto markets have taken a dive, and are very aware of what is going on in the markets, like the recent global bitUSD settlement. That said, as one worker comes to a conclusion, we are putting forth another in order to take this project forward. We know that good projects development takes time, and what we build now, will be there in the future to help keep Bitshares in a leading position among the Decentralised Exchanges." -Crytpick1 (Cabinet Member) @cryptick1 @cryptokong123 @kimchiking @Don_Gabriel @markopaasila

Permie14:18:26 - 03 Dec 2018 [UTC]

@favdesu would you take a look? https://docs.google.com/document/d/1--2pKHqGTMLQn7o8egrnNrGO_DKVYK7K7EPptlCaDms/edit?usp=sharing

Crypto Kong14:29:17 - 03 Dec 2018 [UTC]

👍

Crypto Kong14:29:49 - 03 Dec 2018 [UTC]

Need to post on forum too @permie

Permie14:59:00 - 03 Dec 2018 [UTC]

👍

Stefan15:06:55 - 03 Dec 2018 [UTC]

clockworkgr

read this

"No. 1: Read a fucking book. No. 2: Learn something. No. 3: Stop buying so much shit. And finally: Protect the nerds."

Alex M - clockwork15:12:53 - 03 Dec 2018 [UTC]

sschiessl

"No. 1: Read a fucking book. No. 2: Learn something. No. 3: Stop buying so much shit. And finally: Protect the nerds."

Dima BLCKCHND16:16:06 - 03 Dec 2018 [UTC]

https://steemit.com/witness/@blockchained/blckchnd-2018-q3-witness-report

Birol Sahin17:06:50 - 03 Dec 2018 [UTC]

sschiessl

"No. 1: Read a fucking book. No. 2: Learn something. No. 3: Stop buying so much shit. And finally: Protect the nerds."

Hi l sent btc but dont come bitshares

R17:08:34 - 03 Dec 2018 [UTC]

Birolsahin

Hi l sent btc but dont come bitshares

Contact the help desk of the gateway you used.

Mathew17:22:14 - 03 Dec 2018 [UTC]

https://twitter.com/CryptosBatman/status/1069270398628495360?s=19 Admin when Bitshares ginger bread?

Mick [BTS][eostalk.io]17:40:05 - 03 Dec 2018 [UTC]

Cryptokong123

Need to post on forum too @permie

and on bitsharestalk.io/whaleshares please :)

Đức Việt | Coin98.NET17:49:31 - 03 Dec 2018 [UTC]

Hello Admin I have a question that How many seconds it takes to confirm a transaction with BitShares?

Stefan17:50:50 - 03 Dec 2018 [UTC]

tonychan9

Hello Admin I have a question that How many seconds it takes to confirm a transaction with BitShares?

1.5 confirmation on average, 2sec times amount of block producers until irreversible

Đức Việt | Coin98.NET17:51:57 - 03 Dec 2018 [UTC]

woww, very fast

Đức Việt | Coin98.NET17:52:07 - 03 Dec 2018 [UTC]

sschiessl

1.5 confirmation on average, 2sec times amount of block producers until irreversible

thanks for your respone

Bruce Konver17:54:17 - 03 Dec 2018 [UTC]

XMAS BONUS XAMS BONUS XMAS BONUS SAFE AND EARN $9500 WITHIN 5/DAYS DM NOW OR WHATSAPP +17792208356

Kevin Khaw18:13:20 - 03 Dec 2018 [UTC]

Hi Admin. I'm from Melbourne, Australia and am a member of Compumatrix. For the last 3-4 days, I've been trying unsuccessfully to log into the bitshares wallet using the following links - https://wallet.bitshares.org/ and https://dex.compumatrix.co - I've cleared my caches and cookies, using different browsers (Chrome, Firefox, Opera) including Chrome incognito and also tried on 3 computers. After trying to connect to local databases, it always ends up with a white screen. Can you help? Thanks.

Szymon Choluj18:53:41 - 03 Dec 2018 [UTC]

good evening everyone

Cristian Ortiz18:54:35 - 03 Dec 2018 [UTC]

Cristian Ortiz18:54:41 - 03 Dec 2018 [UTC]

Cristian Ortiz: News and results in the world of trading. 💰📊 Wolf Investor 🔥✅ https://t.me/WolfInvestor

Cristian Ortiz18:54:48 - 03 Dec 2018 [UTC]

Cross?

Szymon Choluj18:55:23 - 03 Dec 2018 [UTC]

Where can i find news about project develop?

Crypto Kong19:02:07 - 03 Dec 2018 [UTC]

metzz0

Where can i find news about project develop?

https://docs.google.com/spreadsheets/d/1q4Nh1xXwnMLeplCaHXTZlOAJmI8otB5HUK90mRXe7lk/edit?usp=sharing

Crypto Kong19:02:22 - 03 Dec 2018 [UTC]

heres a list of handy links for projects building on bitshares

Crypto Kong19:02:52 - 03 Dec 2018 [UTC]

https://github.com/bitshares/bsips

Crypto Kong19:03:04 - 03 Dec 2018 [UTC]

thats a link for bsips on bitshares

Crypto Kong19:03:44 - 03 Dec 2018 [UTC]

https://medium.com/@CryptoKong123/why-im-so-bullish-on-bitshares-5b913401c8af

Crypto Kong19:03:56 - 03 Dec 2018 [UTC]

https://link.medium.com/4wjhfvHrjR

Crypto Kong19:04:08 - 03 Dec 2018 [UTC]

theres a couple of articles with summaries of projects

Crypto Kong19:04:11 - 03 Dec 2018 [UTC]

👍

Szymon Choluj19:04:44 - 03 Dec 2018 [UTC]

thank you, exactly i needed it

Crypto Kong19:05:02 - 03 Dec 2018 [UTC]

your welcome

Birol Sahin19:05:50 - 03 Dec 2018 [UTC]

l sent btc but dont come it

Crypto Kong19:06:24 - 03 Dec 2018 [UTC]

Birolsahin

l sent btc but dont come it

you need to contact the gateway you used...

Crypto Kong19:06:42 - 03 Dec 2018 [UTC]

either openledger or cryptobridge?

Birol Sahin19:07:19 - 03 Dec 2018 [UTC]

l wrote but dont answer

Crypto Kong19:08:10 - 03 Dec 2018 [UTC]

only the gateway can help you

Crypto Kong19:08:27 - 03 Dec 2018 [UTC]

which gateway was it?

Birol Sahin19:09:05 - 03 Dec 2018 [UTC]

openledger

Crypto Kong19:09:32 - 03 Dec 2018 [UTC]

Birolsahin

openledger

https://openledger.freshdesk.com/support/tickets/new

Birol Sahin19:09:56 - 03 Dec 2018 [UTC]

l wrote but dont answer

Crypto Kong19:12:04 - 03 Dec 2018 [UTC]

you give correct email?

Crypto Kong19:12:06 - 03 Dec 2018 [UTC]

try again

Crypto Kong19:12:21 - 03 Dec 2018 [UTC]

how long have you been waiting

Crypto Kong19:12:44 - 03 Dec 2018 [UTC]

have you checked bitcoin block explorer to see if it has arrived at the address you sent it to?

Birol Sahin19:13:42 - 03 Dec 2018 [UTC]

9 hours

Birol Sahin19:14:12 - 03 Dec 2018 [UTC]

l checked and see

Birol Sahin19:14:24 - 03 Dec 2018 [UTC]

but dont come

funkit19:21:48 - 03 Dec 2018 [UTC]

Wait another 15 hours, and see if it resolves itself. Openledger likes to use their ticketing system to avoid too much chatter. Just relax, they will eventually get to you.

Dwight Willians19:49:07 - 03 Dec 2018 [UTC]

Cryptick Cryptick19:54:27 - 03 Dec 2018 [UTC]

https://steemit.com/bts/@cryptick/why-bitshares-need-sustainable-pricing

Cryptick Cryptick19:55:09 - 03 Dec 2018 [UTC]

Got inspired to write an article on how I see the pricing thing... sort of a follow up to the other article. Walks you through generally a lot of the surrounding thoughts.

Cryptick Cryptick19:55:35 - 03 Dec 2018 [UTC]

By no means the final work, but I think it clairifies things that some people don't seems to understand.

Cryptick Cryptick19:55:56 - 03 Dec 2018 [UTC]

Really meant as a starting point to get people talking.

fav20:24:59 - 03 Dec 2018 [UTC]

@Clockwork don't have time to check today :(

Crypto Kong20:33:31 - 03 Dec 2018 [UTC]

Cryptick1

https://steemit.com/bts/@cryptick/why-bitshares-need-sustainable-pricing

some interesting stuff to consider there

Crypto Kong20:33:51 - 03 Dec 2018 [UTC]

especially how the low fees dont incentivize people to purchase lifetime memberships

Crypto Kong20:33:57 - 03 Dec 2018 [UTC]

good point

nutela20:35:28 - 03 Dec 2018 [UTC]

Cryptokong123

Jenny says "hi"

You guys are the best 😂

Cryptick Cryptick20:37:41 - 03 Dec 2018 [UTC]

Cryptokong123

some interesting stuff to consider there

Thanks. YEah.

Cryptick Cryptick20:38:25 - 03 Dec 2018 [UTC]

Cryptokong123

especially how the low fees dont incentivize people to purchase lifetime memberships

There is a lot of stuff to consider. This is really just general background to understand too! There is so much more analysis needed.

Crypto Kong20:42:03 - 03 Dec 2018 [UTC]

agreed but its good to get some reasoning out there for people to read other than just hiking fees for the sake of it

Crypto Kong20:42:37 - 03 Dec 2018 [UTC]

a lot of people dont seem to realise also that if bitshares actually becomes profitable... the circulating supply decreases which will lure in investors

nutela20:43:02 - 03 Dec 2018 [UTC]

clockworkgr

https://medium.com/s/story/how-a-tv-sitcom-triggered-the-downfall-of-western-civilization-336e8ccf7dd0?fbclid=IwAR0H1NB6ARCHwTicc7DiSnmr6iQ8cW4eJNCOLyOdn6Hjy7ov1TBiKk73y94

A better way is to make people smarter 👍 Catherine Austin Fitts talked about IQ recently… What an amazing woman.

nutela20:45:56 - 03 Dec 2018 [UTC]

Cryptick1

Got inspired to write an article on how I see the pricing thing... sort of a follow up to the other article. Walks you through generally a lot of the surrounding thoughts.

Did you guys look at other stable coins like DAI and Kowala?

Cryptick Cryptick20:46:42 - 03 Dec 2018 [UTC]

nut3l4

Did you guys look at other stable coins like DAI and Kowala?

No. I have not.

nutela20:46:53 - 03 Dec 2018 [UTC]

I really like BitShares but it’s good to look at what the competition does. I keep thinking bitUSD/CNY should be ‘exported’ more 😉

nutela20:47:37 - 03 Dec 2018 [UTC]

Cryptick1

No. I have not.

I’m reading the Kowala whitepaper, it’s quite complicated, a lot of smart contracts but it has no collatoral like bitUSD.

Cryptick Cryptick20:47:40 - 03 Dec 2018 [UTC]

nut3l4

I really like BitShares but it’s good to look at what the competition does. I keep thinking bitUSD/CNY should be ‘exported’ more 😉

It is working on Bit CNY. here is crossing fingers we don't global settle on that one B/C that could ruiin it.

nutela20:47:48 - 03 Dec 2018 [UTC]

And DAI people came from BitShares.

Cryptick Cryptick20:48:09 - 03 Dec 2018 [UTC]

nut3l4

And DAI people came from BitShares.

Do they have a good team?

nutela20:48:14 - 03 Dec 2018 [UTC]

Cryptick1

It is working on Bit CNY. here is crossing fingers we don't global settle on that one B/C that could ruiin it.

Ruin what?

nutela20:48:24 - 03 Dec 2018 [UTC]

Cryptick1

Do they have a good team?

Not sure yet.

nutela20:48:34 - 03 Dec 2018 [UTC]

I’ll read your article on pricing now.

nutela21:02:07 - 03 Dec 2018 [UTC]

Cryptick1

https://steemit.com/bts/@cryptick/why-bitshares-need-sustainable-pricing

Cash from an ATM $1-$5 really? That’s incredibly expensive!

nutela21:02:49 - 03 Dec 2018 [UTC]

I pay that from EUR-CZK now because the banks are under tremendous pressure (low interest rate)

Cryptick Cryptick21:04:18 - 03 Dec 2018 [UTC]

nut3l4

Cash from an ATM $1-$5 really? That’s incredibly expensive!

Absolutely. Banks in the USA have added on fees everywhere. If you get money from your own banks ATM typically there is no fee, but when you out of network, sometimes you bank charges you a fee, then the other bank charges you a fee, then the atm charges you a fee. Each one is only 1-2 dollars but they add in hurry!

nutela21:05:05 - 03 Dec 2018 [UTC]

Cryptick1

When did this happen? Here in CZ I see it last year happening

nutela21:05:21 - 03 Dec 2018 [UTC]

But paying with a debit card is cheapest.

Cryptick Cryptick21:05:52 - 03 Dec 2018 [UTC]

nut3l4

I pay that from EUR-CZK now because the banks are under tremendous pressure (low interest rate)

It has been going on for years. Got worse 9 years ago after the sub-prime mess.

Cryptick Cryptick21:06:15 - 03 Dec 2018 [UTC]

nut3l4

I pay that from EUR-CZK now because the banks are under tremendous pressure (low interest rate)

And some people are like dude- I need beer money- and pay it without even thinking.

nutela21:06:37 - 03 Dec 2018 [UTC]

Cryptick1

It has been going on for years. Got worse 9 years ago after the sub-prime mess.

Hmm I pay like just < 1% conversion when paying with EUR card where we have CZK here

Cryptick Cryptick21:07:40 - 03 Dec 2018 [UTC]

nut3l4

Hmm I pay like just < 1% conversion when paying with EUR card where we have CZK here

For most of us in the USA it is 1 to 3%.

nutela21:09:41 - 03 Dec 2018 [UTC]

Cryptick1

For most of us in the USA it is 1 to 3%.

So you guys pay for using a CC? That’s terrible. But I think they just hide it in the price here.

Cryptick Cryptick21:11:35 - 03 Dec 2018 [UTC]

nut3l4

So you guys pay for using a CC? That’s terrible. But I think they just hide it in the price here.

yeah, that is what they do here. Most of the time. Retailers pay that. Sometimes it is alot (like if you are a small shop...)

Crypto Kong21:11:51 - 03 Dec 2018 [UTC]

in UK cashpoints there are no fees using a different banks cashpoint, this was introduced like 10-20 years ago but if you go to a petrol station and use a standalone private cashpoint its like a £2-3 fee per withdrawel

Crypto Kong21:12:06 - 03 Dec 2018 [UTC]

like you say... soon adds up if you dont live near a shop with a bank atm

Cryptick Cryptick21:13:20 - 03 Dec 2018 [UTC]

People are willing to pay fees, they just need to feel like they are getting a legitimate service and value for thier money as they do so.

Crypto Kong21:14:27 - 03 Dec 2018 [UTC]

Cryptick1

People are willing to pay fees, they just need to feel like they are getting a legitimate service and value for thier money as they do so.

not even that... they just get use to it lol

Crypto Kong21:14:45 - 03 Dec 2018 [UTC]

put fees up on bitshares, 2 weeks later its forgotton

Crypto Kong21:15:08 - 03 Dec 2018 [UTC]

as long as complete fuck up isnt made of it and its relatively fair

nutela21:16:16 - 03 Dec 2018 [UTC]

Hmm you can give out free accounts with lower fees for 5 trades. Then charge for accounts, as soon as you add funds.

nutela21:16:36 - 03 Dec 2018 [UTC]

Or better cash out. Make it expensive to cash out.

Crypto Kong21:16:43 - 03 Dec 2018 [UTC]

nut3l4

Hmm you can give out free accounts with lower fees for 5 trades. Then charge for accounts, as soon as you add funds.

not a bad idea

nutela21:16:46 - 03 Dec 2018 [UTC]

Simulate paying with stabel coins in stores

nutela21:17:07 - 03 Dec 2018 [UTC]

Like PalmPay does.

nutela21:17:31 - 03 Dec 2018 [UTC]

Let accounts with no money expire after one year

nutela21:19:00 - 03 Dec 2018 [UTC]

Good analysis Cryptick, maybe use a little more formatting next time.

nutela21:20:10 - 03 Dec 2018 [UTC]

I think first people should pay lower fees than bots but it depends if they provide liquidity...

Cryptick Cryptick21:21:16 - 03 Dec 2018 [UTC]

nut3l4

I think first people should pay lower fees than bots but it depends if they provide liquidity...

Bots tend to provide the liquidity which helps the market.

nutela21:21:16 - 03 Dec 2018 [UTC]

Bots are really annoying when they try to outbid you…

Crypto Kong21:21:22 - 03 Dec 2018 [UTC]

nut3l4

I think first people should pay lower fees than bots but it depends if they provide liquidity...

Bots pay way more fees than people they are the life blood of bitshares

nutela21:21:31 - 03 Dec 2018 [UTC]

OK fair enough.

Cryptick Cryptick21:21:33 - 03 Dec 2018 [UTC]

nut3l4

Bots are really annoying when they try to outbid you…

No that is true...

Crypto Kong21:22:00 - 03 Dec 2018 [UTC]

They are the ones providing liquidity, taking arbitrage trades, creating volume etc

Crypto Kong21:22:43 - 03 Dec 2018 [UTC]

Cryptick1

No that is true...

Annoying perhaps but also lower the spreads which increase trade activity

nutela21:23:21 - 03 Dec 2018 [UTC]

Hard to say, some markets are illiquid as f

Crypto Kong21:24:02 - 03 Dec 2018 [UTC]

Think how many times that annoying bot cancels and places orders to keep its self ahead of everyones orders... all fees contributing to bitshares up keep

nutela21:24:14 - 03 Dec 2018 [UTC]

What I really would like to see is virtual markets, ETH/BTC for example

Crypto Kong21:24:43 - 03 Dec 2018 [UTC]

When you give up trying to beat that bot... it keeps going annoying everyone else paying fees along the way 😁

nutela21:24:43 - 03 Dec 2018 [UTC]

Cryptokong123

Think how many times that annoying bot cancels and places orders to keep its self ahead of everyones orders... all fees contributing to bitshares up keep

Hehe good one 👍

nutela21:25:17 - 03 Dec 2018 [UTC]

Cryptokong123

When you give up trying to beat that bot... it keeps going annoying everyone else paying fees along the way 😁

But remember this can only happen because most of the markets are really low volume.

Crypto Kong21:25:44 - 03 Dec 2018 [UTC]

Nah if anything we need more bot users

Crypto Kong21:26:05 - 03 Dec 2018 [UTC]

Majority of proffesional markets are all bots and algos

Cryptick Cryptick21:26:15 - 03 Dec 2018 [UTC]

Not all bots are equal.

Crypto Kong21:26:18 - 03 Dec 2018 [UTC]

Human traders are a minority everywhere

Cryptick Cryptick21:26:30 - 03 Dec 2018 [UTC]

Some bots help the markets, others do not.

Crypto Kong21:26:35 - 03 Dec 2018 [UTC]

True

Cryptick Cryptick21:26:46 - 03 Dec 2018 [UTC]

Cryptokong123

Human traders are a minority everywhere

And we need a lot more of them...

Crypto Kong21:26:49 - 03 Dec 2018 [UTC]

But they all pay fees 😁

Crypto Kong21:27:00 - 03 Dec 2018 [UTC]

Cryptick1

And we need a lot more of them...

Also true

Crypto Kong21:27:13 - 03 Dec 2018 [UTC]

We need more of everything lol

Cryptick Cryptick21:27:46 - 03 Dec 2018 [UTC]

I just find it crazy that fees are so low Crypto-Bridge has a bot to make the screen flash.

nutela21:27:51 - 03 Dec 2018 [UTC]

I was seeing BitShares is a great bank with it’s stable coins. Paired with PalmPay you get a fiat onramp, with tellers, no KYC.

Cryptick Cryptick21:28:01 - 03 Dec 2018 [UTC]

I mean talk about crazy...

nutela21:28:39 - 03 Dec 2018 [UTC]

Does it look cool?

Crypto Kong21:28:53 - 03 Dec 2018 [UTC]

Yeah a lot of the projects like palmpay once they become more mature will certainly help bitshares reach its potential

nutela21:28:53 - 03 Dec 2018 [UTC]

I love it when you see those orders flying in and getting settled.

nutela21:29:07 - 03 Dec 2018 [UTC]

Cryptokong123

Yeah a lot of the projects like palmpay once they become more mature will certainly help bitshares reach its potential

Did you test?

Crypto Kong21:29:15 - 03 Dec 2018 [UTC]

Bitshares is nothing without the people building on top of it

Crypto Kong21:29:30 - 03 Dec 2018 [UTC]

nut3l4

Did you test?

I havent no

nutela21:29:34 - 03 Dec 2018 [UTC]

Cryptokong123

Bitshares is nothing without the people building on top of it

BitShares is like the Amiga 🙂

Bitshares DEX Telegram History

Monday, 3 December 2018

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