Bitshares DEX Telegram History

funkit 🐝💋🍯13:05:27 - 26 Apr 2019 [UTC]

Henry W

I know it's difficult to be a witness

I promise it will be impossible feeding random prices. It’s not a casino you know. It’s meant to reflect real world assets.

Henry W13:05:43 - 26 Apr 2019 [UTC]

For example bitCNY Feed price = mainnet buy price * ( 1 + gugu wallet withdraw rate)

Henry W13:06:26 - 26 Apr 2019 [UTC]

reflect CNY

Henry W13:07:44 - 26 Apr 2019 [UTC]

At same time , this price also set to avoid black swan.

R13:12:43 - 26 Apr 2019 [UTC]

Henry W

At same time , this price also set to avoid black swan.

know what would also do that? responsible collateal holders

funkit 🐝💋🍯13:14:12 - 26 Apr 2019 [UTC]

Maybe he could help you with the Norns, R? Since they fluctuate anyway 🤗

Stan Larimer13:18:41 - 26 Apr 2019 [UTC]

We've now got 710 people collecting beos rainfall, Making a whole new generation of beos whales.

Henry W13:19:08 - 26 Apr 2019 [UTC]

I want to be a non-profit witness.

Henry W13:20:33 - 26 Apr 2019 [UTC]

@StanLarimer Could you please vote me ?

Stan Larimer13:25:29 - 26 Apr 2019 [UTC]

We've now got 710 people collecting beos rainfall, Making a whole new generation of beos whales.

Luang13:35:43 - 26 Apr 2019 [UTC]

habibi7

GDEX is not a trusty exchange, take Rudex or Openledger

You know about TBC?

Kus Knee13:43:30 - 26 Apr 2019 [UTC]

StanLarimer

We've now got 710 people collecting beos rainfall, Making a whole new generation of beos whales out of bitshares holders.

Very exciting!

Luang13:43:53 - 26 Apr 2019 [UTC]

Lofty Smith

Any one here know about gdax I have 1 btc there

Yeah I know

Stan Larimer13:53:50 - 26 Apr 2019 [UTC]

We've now got 710 people collecting beos rainfall, Making a whole new generation of beos whales out of bitshares holders.

Thule13:58:50 - 26 Apr 2019 [UTC]

habibi7

can we set MSSR to 2.5% or higher for bitUSD ?

needs voting

R14:07:59 - 26 Apr 2019 [UTC]

funkit

Maybe he could help you with the Norns, R? Since they fluctuate anyway 🤗

Should be less of a problem since theres no external price reference contamination

funkit 🐝💋🍯14:08:14 - 26 Apr 2019 [UTC]

Exactly

Anonymous Kid14:32:30 - 26 Apr 2019 [UTC]

https://t.me/joinchat/Mon1wRQwqv68ahNixSFfZQ

Anonymous Kid14:32:33 - 26 Apr 2019 [UTC]

https://t.me/joinchat/Mon1wRQwqv68ahNixSFfZQ

Anonymous Kid14:34:52 - 26 Apr 2019 [UTC]

https://t.me/joinchat/Mon1wRQwqv68ahNixSFfZQ

Lofty Smith17:25:05 - 26 Apr 2019 [UTC]

luang50

Yeah I know

How can I withdraw?

Alex Livingstone19:31:16 - 26 Apr 2019 [UTC]

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Diana Perez20:16:09 - 26 Apr 2019 [UTC]

Hello

Diana Perez20:16:33 - 26 Apr 2019 [UTC]

Good evening everyone

Thomas Scott21:50:54 - 26 Apr 2019 [UTC]

Visit https://www.thomascotrading.com for your account management services

Luang00:02:43 - 27 Apr 2019 [UTC]

Lukasimbi

Good evening everyone

Good evening

Diana Perez00:09:24 - 27 Apr 2019 [UTC]

luang50

Good evening

How you doing

Diana Perez00:09:26 - 27 Apr 2019 [UTC]

syalon04:00:55 - 27 Apr 2019 [UTC]

BTS++ / Bitshares mobile wallet v2.1 update (updated both for iOS and Android). What's new? 1. fix callprice display issue. Note: iOS: v1.3 Extremely the following versions need to delete the app first, deleting the app will clear the data, including the wallet file (bin). Users who do not have a wallet backup file must make a backup and then delete the app. Note: Android: v1.3 or lower version will be newly installed due to different Google signatures. Please backup the wallet file (bin) in the old version. Users who do not have a wallet backup file must make a backup and then delete the old app. Official download address: https://app.btspp.io GooglePlay address: https://play.google.com/store/apps/details?id=org.bitshares.app Official website: https://btspp.io/ Telegram: https://t.me/btsplusplus Github: https://github.com/bitshares/bitshares-mobile-app

kenCode04:39:44 - 27 Apr 2019 [UTC]

syalon

💪💪👍👍

James Muller07:14:00 - 27 Apr 2019 [UTC]

If you interested in bitcoin mining Inbox me for more info

Luang07:56:44 - 27 Apr 2019 [UTC]

Lukasimbi

How you doing

Am okay

Luang07:56:52 - 27 Apr 2019 [UTC]

You’ll new here ?

Diana Perez11:23:39 - 27 Apr 2019 [UTC]

Good morning all

FarmerD11:35:33 - 27 Apr 2019 [UTC]

Lukasimbi

Good morning all

👋😁 good morning,

Diana Perez11:38:57 - 27 Apr 2019 [UTC]

FarmerD

👋😁 good morning,

how you doing

Diana Perez11:39:06 - 27 Apr 2019 [UTC]

funkit

☺️

funkit 🐝💋🍯11:39:29 - 27 Apr 2019 [UTC]

Any news on the ES node? I’m in the mood for my taxes... not really... @xeroc ??

Dhruv12:26:37 - 27 Apr 2019 [UTC]

Hey everyone I'm looking for a investor for my e-commerce store if anyone interested to know more about it pm me

Dhruv12:26:54 - 27 Apr 2019 [UTC]

Hey everyone I'm looking for a investor for my e-commerce store if anyone interested to know more about it pm me

Fabian Schuh12:31:11 - 27 Apr 2019 [UTC]

funkit

Any news on the ES node? I’m in the mood for my taxes... not really... @xeroc ??

cant tell, are they not up to date?

funkit 🐝💋🍯12:31:58 - 27 Apr 2019 [UTC]

I'm not able to get it from the client.

Fabian Schuh12:33:18 - 27 Apr 2019 [UTC]

last time i checked on friday, the node was still catching up (slowly)

funkit 🐝💋🍯12:33:59 - 27 Apr 2019 [UTC]

Aha.. Is it automaticly available when synced?

Fabian Schuh12:35:55 - 27 Apr 2019 [UTC]

thats what 'should' happen, yes

funkit 🐝💋🍯12:36:56 - 27 Apr 2019 [UTC]

Cool. I'll put on my patience cap. 🤠

Fabian Schuh14:57:22 - 27 Apr 2019 [UTC]

Quick reminder for those that want BTS on a VISA card to approach your proxy and request approval for the **wirex worker**.

Thomas Scott15:53:05 - 27 Apr 2019 [UTC]

Visit https://www.thomascotrading.com for your account management services

Young16:02:17 - 27 Apr 2019 [UTC]

Daniel Schwarz (liondani)16:58:34 - 27 Apr 2019 [UTC]

xeroc

Quick reminder for those that want BTS on a VISA card to approach your proxy and request approval for the wirex worker.

I fully support this worker. It will add value to bts for sure. I my self use wirex and I am very satisfied. The only thing to watch out carefully would be the exhange rate of bts/fiat on the card. If it's more than what they ask for btc/fiat it will probably be a "no go". Can we have that detail @xeroc?

Kishan Nagrecha17:02:22 - 27 Apr 2019 [UTC]

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funkit 🐝💋🍯17:14:03 - 27 Apr 2019 [UTC]

I like this worker too. However, the bit-asset part needs emphasis in my view. “Once we have such a card that accepts BTS the next step is to aim for BitAsset integration. From a technical viewpoint the effort is marginal, most work will be in the background to comply to the regulatory requirements.” It would be far more beneficial to let them eat bitUSD/EUR/CNY.

Thule17:18:51 - 27 Apr 2019 [UTC]

funkit

it would make sense to start getting a legal letter for the bitassets

Thule17:19:07 - 27 Apr 2019 [UTC]

even for bigger exchanges

funkit 🐝💋🍯17:21:07 - 27 Apr 2019 [UTC]

There was a legal letter referenced for the US.

funkit 🐝💋🍯17:21:51 - 27 Apr 2019 [UTC]

Idk how much is required to get it EUified.

Thule17:22:16 - 27 Apr 2019 [UTC]

but for BTS only i guess?

fav17:24:38 - 27 Apr 2019 [UTC]

I would support usd or cny at wirex, bts makes no sense

Fabian Schuh17:24:47 - 27 Apr 2019 [UTC]

liondani

They use another exchange for trading and price, that much I know. I wouldnt be surprised if they take a minor extra for taking a currency risk .. thats quite commin in all finacial services.

Fabian Schuh17:25:55 - 27 Apr 2019 [UTC]

thuleeee

it would make sense to start getting a legal letter for the bitassets

there are efforts undertaken to get that one, however the worker that was supposed to fund that was hit hard by the bear market .. some committee members (most prominently @johnr) is looking into that atm.

Fabian Schuh17:26:14 - 27 Apr 2019 [UTC]

thuleeee

but for BTS only i guess?

yes, that one is for bts

Fabian Schuh17:27:41 - 27 Apr 2019 [UTC]

favdesu

I would support usd or cny at wirex, bts makes no sense

bts still is a crypto currency and could (and will) be used as such. Surely, i oersonally also would rather have bitassets there, but if you are honest to yourself, those are still difficult econonically as we can see with all the discussion about bicny and mcr, mssr, settlement ofset etc.

funkit 🐝💋🍯17:28:39 - 27 Apr 2019 [UTC]

The settlement offset has to go

Alex M - clockwork17:34:45 - 27 Apr 2019 [UTC]

Offset can only go if forced settlement goes away altogether like in maker

kenCode17:38:45 - 27 Apr 2019 [UTC]

favdesu

I would support usd or cny at wirex, bts makes no sense

imo, bts core token is the best path into our dex where unmanipulated trading can begin.

kenCode17:40:14 - 27 Apr 2019 [UTC]

i am a bit biased though on the bitFiats as i just don't see them in a good light.

funkit 🐝💋🍯17:42:13 - 27 Apr 2019 [UTC]

clockworkgr

Offset can only go if forced settlement goes away altogether like in maker

Makes no sense to me. The premise is 1 bitUSD = 1 USD worth of bts, regardless of market, manipulation and all that. There is also a stiff fee on settlement so it isnt something you do for fun.

Alex M - clockwork17:44:17 - 27 Apr 2019 [UTC]

funkit

Makes no sense to me. The premise is 1 bitUSD = 1 USD worth of bts, regardless of market, manipulation and all that. There is also a stiff fee on settlement so it isnt something you do for fun.

Erm

Alex M - clockwork17:44:33 - 27 Apr 2019 [UTC]

Forced settlement closes off people's positions

Alex M - clockwork17:44:44 - 27 Apr 2019 [UTC]

There is nowhere else to get the bts from

funkit 🐝💋🍯17:46:03 - 27 Apr 2019 [UTC]

I talk about the settle button I have. OK?

Kus Knee18:06:24 - 27 Apr 2019 [UTC]

liondani

I also fully endorse Wirex. Great company!

Tom Watkinson18:11:18 - 27 Apr 2019 [UTC]

liondani

You can withdraw your btc to fiat

Fabian Schuh18:32:38 - 27 Apr 2019 [UTC]

Kus Knee

I also fully endorse Wirex. Great company!

please also tell your proxy or consider voting directly. Thanks

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Jane Smith19:19:11 - 27 Apr 2019 [UTC]

Inbox me for more info!!

Alex M - clockwork19:26:07 - 27 Apr 2019 [UTC]

funkit

I talk about the settle button I have. OK?

Yes

Alex M - clockwork19:26:56 - 27 Apr 2019 [UTC]

When you settle, it takes bts and closes part of the least collateralized position

Once Uponatime19:27:57 - 27 Apr 2019 [UTC]

xeroc

please also tell your proxy or consider voting directly. Thanks

favadmin I would support usd or cny at wirex, bts makes no sense

Kus Knee19:38:26 - 27 Apr 2019 [UTC]

xeroc

please also tell your proxy or consider voting directly. Thanks

Proxy at the moment would be BEOS

Once Uponatime19:40:25 - 27 Apr 2019 [UTC]

Kus Knee

Proxy at the moment would be BEOS

I guess BEOS and Fav agree!!!

Thule19:41:05 - 27 Apr 2019 [UTC]

I support

Thule19:41:54 - 27 Apr 2019 [UTC]

its generally a safe bet to go against any of bitcrabs market decisions

Thule19:41:54 - 27 Apr 2019 [UTC]

I support

Fabian Schuh19:41:54 - 27 Apr 2019 [UTC]

**FYI**: Worker proposal for integration of BTS with wirex: https://www.bitshares.foundation/workers/2019-05-wirex-integration

Once Uponatime19:56:03 - 27 Apr 2019 [UTC]

thuleeee

I support

Maybe that was before he found out Fav doesn't support it?

Crypto Kong20:16:05 - 27 Apr 2019 [UTC]

im still torn on this subject

Crypto Kong20:17:12 - 27 Apr 2019 [UTC]

one thing ive been wondering is wont this just add more sell pressure and no buy pressure?

Crypto Kong20:17:20 - 27 Apr 2019 [UTC]

its an exit point not an entry point?

Crypto Kong20:19:22 - 27 Apr 2019 [UTC]

also, I would be interested to know more about the "partnership" with stellar, one of our competitors

Once Uponatime20:19:35 - 27 Apr 2019 [UTC]

Cryptokong123

one thing ive been wondering is wont this just add more sell pressure and no buy pressure?

That seems logical. Hence bitUSD or bitCNY might be worth the very high cost of this worker because BTS must be locked up to create them.

Holly20:21:00 - 27 Apr 2019 [UTC]

What do you guys think about the tangle ico

Holly20:21:02 - 27 Apr 2019 [UTC]

https://youtu.be/CazxbMXLMFM

Crypto Kong20:21:34 - 27 Apr 2019 [UTC]

onceponatime

That seems logical. Hence bitUSD or bitCNY might be worth the very high cost of this worker because BTS must be locked up to create them.

possibly

Crypto Kong20:21:59 - 27 Apr 2019 [UTC]

although that would likely still end up getting liquidated for fiat, would just be more hoops for them to jump through

Crypto Kong20:22:18 - 27 Apr 2019 [UTC]

which is more blockchain activity for us so that would be good

Crypto Kong20:23:14 - 27 Apr 2019 [UTC]

how many people would actually use this anyway?

Crypto Kong20:23:19 - 27 Apr 2019 [UTC]

I wouldnt...

Once Uponatime20:23:31 - 27 Apr 2019 [UTC]

Cryptokong123

possibly

That's why I said "might". I'm not convinced yet. Personally I think better and cheaper options are coming.

Crypto Kong20:23:36 - 27 Apr 2019 [UTC]

Well I might in the height of a bull run

Crypto Kong20:23:43 - 27 Apr 2019 [UTC]

but I certainly wouldnt now

Crypto Kong20:25:16 - 27 Apr 2019 [UTC]

I tend to agree with the fact that BTS isnt really a currency in the sense that it shouldnt be spent in shops, thats not how we should market it

Crypto Kong20:25:29 - 27 Apr 2019 [UTC]

thats what the smartcoins are for

Once Uponatime20:26:02 - 27 Apr 2019 [UTC]

Cryptokong123

thats what the smartcoins are for

👏

MindiT20:30:23 - 27 Apr 2019 [UTC]

MindiT20:30:49 - 27 Apr 2019 [UTC]

MindiT20:31:03 - 27 Apr 2019 [UTC]

Anybody can tell be about crypto

Crypto Kong20:31:19 - 27 Apr 2019 [UTC]

If there was a company offering a service that converted fiat-BTS/ smartcoins and back, a two way thing. now that would be interesting. A service that all our gateways could use, something that companies could take advantage of to start building their own payrolls on bitshares that would be more interesting IMO

Crypto Kong20:33:32 - 27 Apr 2019 [UTC]

Payrolls are well suited to bitshares, just need to be able to conver to and from fiat easily

Lofty Paul20:39:11 - 27 Apr 2019 [UTC]

Hello Guys

funkit 🐝💋🍯20:41:49 - 27 Apr 2019 [UTC]

Cryptokong123

In an ideal world where kids learn margin trading in kindergarten, I agree. In reality, we need the best utility and that is by far best achieved with smart coins. Payroll is a highly regulated field and would require specialist companies to enter to do it properly.

Crypto Kong20:46:11 - 27 Apr 2019 [UTC]

funkit

I thought our margin traders were in kindergarten by their constant margin calls lol

funkit 🐝💋🍯20:53:23 - 27 Apr 2019 [UTC]

Constant margin calls = you are too greedy. I have never been called. But two global settlements put a dent in my profits.

FarmerD21:04:55 - 27 Apr 2019 [UTC]

Cryptokong123

I thought our margin traders were in kindergarten by their constant margin calls lol

🤣

FarmerD21:05:27 - 27 Apr 2019 [UTC]

funkit

Constant margin calls = you are too greedy. I have never been called. But two global settlements put a dent in my profits.

Same 😂

Binarymichelle21:08:48 - 27 Apr 2019 [UTC]

Hello

Binarymichelle21:09:05 - 27 Apr 2019 [UTC]

Hello

Lofty Paul21:25:55 - 27 Apr 2019 [UTC]

Hello Guys

Binarymichelle21:52:14 - 27 Apr 2019 [UTC]

Hello

Thomas William21:53:06 - 27 Apr 2019 [UTC]

Hello lofty

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Lofty Paul21:54:24 - 27 Apr 2019 [UTC]

Tommy_willie

Hello lofty

How are you?

Thomas William21:56:01 - 27 Apr 2019 [UTC]

Am very fine

Thomas William21:56:05 - 27 Apr 2019 [UTC]

How are you

Lofty Paul21:59:32 - 27 Apr 2019 [UTC]

Tommy_willie

How are you

I'm cool where are you from?

Mathew22:02:28 - 27 Apr 2019 [UTC]

Just so nice to see a couple of legitimate bots becoming buds

Lofty Paul22:04:30 - 27 Apr 2019 [UTC]

Hello Guys any one interested in coins mining

funkit 🐝💋🍯22:05:43 - 27 Apr 2019 [UTC]

No, most of us are only in for the trading and cool memes.

Mathew22:06:18 - 27 Apr 2019 [UTC]

funkit

No, most of us are only in for the trading and cool memes.

I'm here to trade cool memes

Mathew22:11:45 - 27 Apr 2019 [UTC]

funkit

Saved straight in the bank

Mathew22:12:04 - 27 Apr 2019 [UTC]

Meme trading is much less financially traumatising than normal trading

Lofty Paul22:13:30 - 27 Apr 2019 [UTC]

matle85

Meme trading is much less financially traumatising than normal trading

Explain more

Mathew22:14:55 - 27 Apr 2019 [UTC]

If that doesn't clarify things we'll never make a meme trader out of you

Lofty Paul22:15:53 - 27 Apr 2019 [UTC]

matle85

If that doesn't clarify things we'll never make a meme trader out of you

Alright I'm a good crypto investor I love knowing things about crypto

Once Uponatime22:45:26 - 27 Apr 2019 [UTC]

https://medium.com/@bytemaster/high-liquidity-price-pegged-token-algorithm-d86d71188162

Jonathan Bahai00:41:42 - 28 Apr 2019 [UTC]

onceponatime

https://medium.com/@bytemaster/high-liquidity-price-pegged-token-algorithm-d86d71188162

Hope to see this in bips to vote on sooner rather than later

kenCode01:26:52 - 28 Apr 2019 [UTC]

regular PalmPay meetups in Venezuela gonna bring more volume to Bitshares! 💪🏼🤠

Fuzzy01:40:09 - 28 Apr 2019 [UTC]

Palmpay is already done and integratable for business too right? Might be important to let them know!

kenCode01:53:36 - 28 Apr 2019 [UTC]

SirFuzzalot

Palmpay is already done and integratable for business too right? Might be important to let them know!

yep: palmpay.io/ambs

kenCode01:54:44 - 28 Apr 2019 [UTC]

BiTSy Tellers are growing fast too. CEX's don't stand a chance.

Fuzzy02:00:00 - 28 Apr 2019 [UTC]

Well thanks and keep on rocking it

Christian Olsen03:08:33 - 28 Apr 2019 [UTC]

Cryptokong123

This☝️

Thule03:10:04 - 28 Apr 2019 [UTC]

onceponatime

Maybe that was before he found out Fav doesn't support it?

That voting was easy for me as i prefer the new feature wirex instead of another new UI which is even more expensiv than wirex

Lofty Paul05:07:53 - 28 Apr 2019 [UTC]

UncleSammy53

Hello

Lofty Paul05:08:00 - 28 Apr 2019 [UTC]

UncleSammy53

Hello

Lofty Paul05:08:18 - 28 Apr 2019 [UTC]

UncleSammy53

Hello

Lofty Paul05:09:26 - 28 Apr 2019 [UTC]

Hello

Lofty Paul05:09:31 - 28 Apr 2019 [UTC]

Hello

Fabian Schuh06:40:00 - 28 Apr 2019 [UTC]

onceponatime

That's why I said "might". I'm not convinced yet. Personally I think better and cheaper options are coming.

the wirex offer is already 50% below their usual price. you'll not find a better offer anywhere. Also, the legal papereork for BTS is complete and accepted a a lawyer they require. If you want to get bitassets listed, you need to first pay 50k for an opinion letter from a layer THEY tell you (hastings is one of them). Then you need to get another offer, then you may get bitcny on a card. That costs us 12 months easily ... BTS offer is available NOW.

Digital Lucife®06:43:59 - 28 Apr 2019 [UTC]

onceponatime

That's why I said "might". I'm not convinced yet. Personally I think better and cheaper options are coming.

There is no better and cheaper **working** card on the market. Sugi.io/Soffito is also very "close" to release, but nobody ever seen real card processing payments... Wirex and Revolut did.

Digital Lucife®06:45:20 - 28 Apr 2019 [UTC]

Been looking for option in Asia, even to counter/compete this proposal with cheaper solution though WhiteTreeVC from Singapore. None found

Fabian Schuh06:49:59 - 28 Apr 2019 [UTC]

murda_ra

Been looking for option in Asia, even to counter/compete this proposal with cheaper solution though WhiteTreeVC from Singapore. None found

wirex is expandin to asia atm

Digital Lucife®06:50:15 - 28 Apr 2019 [UTC]

i dont care about Asia atm :)

Digital Lucife®06:50:27 - 28 Apr 2019 [UTC]

my CEX been paying out crypto straight to my bank with no issues :D

Digital Lucife®06:50:31 - 28 Apr 2019 [UTC]

fees are minimal

Stefan06:53:19 - 28 Apr 2019 [UTC]

murda_ra

my CEX been paying out crypto straight to my bank with no issues :D

Neat

Fabian Schuh06:53:28 - 28 Apr 2019 [UTC]

i suppose the use case for crypto visa cards are mostly interesting that do not have a bank account and access to CEX in their country

Mathew06:53:46 - 28 Apr 2019 [UTC]

murda_ra

my CEX been paying out crypto straight to my bank with no issues :D

That is epic

Fabian Schuh06:54:43 - 28 Apr 2019 [UTC]

Anyways, people will be surprised how much harder it will become to get BTS listed on wirex in 6 months time. Our chance is now, the offer has been published and if the voters don't want to take it, its up to them. I'll draw my own conclusions.

Digital Lucife®06:55:24 - 28 Apr 2019 [UTC]

xeroc

Same goes for my local CEX. They got approved by Ministry of Finance, and everybody boarded in earlier got it cheap and easy...

Digital Lucife®06:55:58 - 28 Apr 2019 [UTC]

EOS got listed, we haven't... But working on that. Point is... yes, longer we wait, chances are slimmer we get anywhere

Fabian Schuh06:57:45 - 28 Apr 2019 [UTC]

murda_ra

EOS got listed, we haven't... But working on that. Point is... yes, longer we wait, chances are slimmer we get anywhere

tell that to those that are shooting for listing a potential security token (bitcny/bitusd) an a visa card ...

Fabian Schuh06:58:12 - 28 Apr 2019 [UTC]

anyways, i dont have the time to convince anyone. Its up to the voters anyways

Mathew06:59:01 - 28 Apr 2019 [UTC]

Let's get Wirex done, it can be up and running by Christmas and we can all be toasting with some mulled wine we paid for with out BTS via visa card

Crypto Kong06:59:30 - 28 Apr 2019 [UTC]

onceponatime

https://medium.com/@bytemaster/high-liquidity-price-pegged-token-algorithm-d86d71188162

This is exactly 100000% what we need. To incentivise the creation of smartcoins. If this can be done on bitshares it should be top priority IMO

Mathew07:00:53 - 28 Apr 2019 [UTC]

onceponatime

https://medium.com/@bytemaster/high-liquidity-price-pegged-token-algorithm-d86d71188162

Like Kong just said - is there any way we could steal a march on EOS and get this introduced ASAP? Assuming it can be done on BTS, why not fund doing it with as quick a turnaround as possible and hammer out a load of press releases

Digital Lucife®07:02:00 - 28 Apr 2019 [UTC]

matle85

he "has" the code but its not ready to be public... we dont even know what it is apart from 11 minutes very theoretical read.

Fabian Schuh07:02:42 - 28 Apr 2019 [UTC]

Cryptokong123

This is exactly 100000% what we need. To incentivise the creation of smartcoins. If this can be done on bitshares it should be top priority IMO

funny how people would throw any resource on whatever dan says but would spend money on academic research :/

Crypto Kong07:03:39 - 28 Apr 2019 [UTC]

Ive been saying for ages we need to incentivise smartcoin creation...

Crypto Kong07:03:56 - 28 Apr 2019 [UTC]

If its now possible, im saying we should do it

Crypto Kong07:04:08 - 28 Apr 2019 [UTC]

If its not, forget it lol

Fabian Schuh07:04:57 - 28 Apr 2019 [UTC]

Cryptokong123

If its not, forget it lol

we dont have bancor on bitshares. we cannot even trivially 'add' that feature to bitshares, it uses floating point math, bitshares doesnt have that anywhere

Crypto Kong07:05:20 - 28 Apr 2019 [UTC]

Ah ok, thats a shame

Crypto Kong07:05:51 - 28 Apr 2019 [UTC]

Could we create another version of it?

Crypto Kong07:07:10 - 28 Apr 2019 [UTC]

You say "trivially" so i presume its possible but not easy...

Crypto Kong07:07:30 - 28 Apr 2019 [UTC]

Thought you might like a challenge 😜

Mathew07:10:07 - 28 Apr 2019 [UTC]

xeroc

funny how people would throw any resource on whatever dan says but would spend money on academic research :/

I think we should also spend money on academic research 😉

Mathew07:11:21 - 28 Apr 2019 [UTC]

xeroc

we dont have bancor on bitshares. we cannot even trivially 'add' that feature to bitshares, it uses floating point math, bitshares doesnt have that anywhere

Dan loves bancor... To be honest I would rather see margin / leveraged trading introduced than a different type of smartcoin. I think that (and the ability to profit by creating bitassets and lending them to traders) would do a lot more to increase supply

Fabian Schuh07:11:21 - 28 Apr 2019 [UTC]

tell your favorit proxy :)

Fabian Schuh07:11:56 - 28 Apr 2019 [UTC]

Bancor still needs to prove itself. Dan also loved bitassets, then he loved steem dollars ...

Mathew07:12:18 - 28 Apr 2019 [UTC]

Yep exactly, I got excited about the prospect of stealing a march on EOS

Mathew07:12:36 - 28 Apr 2019 [UTC]

https://medium.com/@George_harrap/bitshares-margin-trading-and-swap-contracts-on-the-dex-discussion-3856b00a8349 just some ideas, lots to do to make it real

Crypto Kong07:12:44 - 28 Apr 2019 [UTC]

What academic research are you two on bout? Is there a worker i missed?

Mathew07:12:49 - 28 Apr 2019 [UTC]

matle85

https://medium.com/@George_harrap/bitshares-margin-trading-and-swap-contracts-on-the-dex-discussion-3856b00a8349 just some ideas, lots to do to make it real

Let's just get this live instead

Fabian Schuh07:12:54 - 28 Apr 2019 [UTC]

matle85

i have had many discussion on how to introduce such a feature. @george from bitspark has good ideas there too.

Fabian Schuh07:13:01 - 28 Apr 2019 [UTC]

but thats a long way down

Crypto Kong07:13:06 - 28 Apr 2019 [UTC]

matle85

Let's just get this live instead

That would be great

Fabian Schuh07:13:35 - 28 Apr 2019 [UTC]

Cryptokong123

What academic research are you two on bout? Is there a worker i missed?

a worker in the pipeline ..

Crypto Kong07:14:22 - 28 Apr 2019 [UTC]

Id be intetested in @George_Bitspark view on the wirex card seeing as he deals with the unbanked

Crypto Kong07:14:54 - 28 Apr 2019 [UTC]

xeroc

a worker in the pipeline ..

Ok cool, i think research is important if done right

Crypto Kong07:15:11 - 28 Apr 2019 [UTC]

Is there any forum discussions yet?

Dhruv08:41:21 - 28 Apr 2019 [UTC]

Is this website is legal spentrade.com

Dima BLCKCHND08:59:12 - 28 Apr 2019 [UTC]

xeroc

Full support for wirex!

Lofty Paul09:02:53 - 28 Apr 2019 [UTC]

Hello

R09:06:48 - 28 Apr 2019 [UTC]

Trying to sign up for wirex, their ui is pretty cool, plus being able to buy stuff online is a great feature

Crypto Kong09:07:26 - 28 Apr 2019 [UTC]

im so torn on this subject lol

Crypto Kong09:07:36 - 28 Apr 2019 [UTC]

like literally 50/50

Crypto Kong09:08:03 - 28 Apr 2019 [UTC]

its great initiative just not sure its quite right

Crypto Kong09:08:09 - 28 Apr 2019 [UTC]

or it would actually be used

Dima BLCKCHND09:11:41 - 28 Apr 2019 [UTC]

In Europe it quite easy to use, using wirex for more than 3 years, never had any issues with them

fav09:13:14 - 28 Apr 2019 [UTC]

I used them too, but bts has more important use cases than being used as cash

fav09:13:21 - 28 Apr 2019 [UTC]

Imo

Crypto Kong09:13:27 - 28 Apr 2019 [UTC]

favdesu

I used them too, but bts has more important use cases than being used as cash

agree 100%

Crypto Kong09:13:38 - 28 Apr 2019 [UTC]

we arent just a cryptocurrency

Crypto Kong09:14:49 - 28 Apr 2019 [UTC]

and it kind of defies the whole point of cryptocurrency... I mean your giving it to someone else to spend it, so its not even like spending it where shops accept bitcoin

Dima BLCKCHND09:15:15 - 28 Apr 2019 [UTC]

favdesu

I used them too, but bts has more important use cases than being used as cash

Sure, for me is just one of the gateway, that can probably on board more people that will find out that bts is a dex I guess wirex is better known than bitshares across the crypto community

Crypto Kong09:15:39 - 28 Apr 2019 [UTC]

blockchained

Sure, for me is just one of the gateway, that can probably onboard more people that will find out that bts is a dex I guess wirex is better known than bitshares across the crypto community

the marketing side is the biggest benefit IMO

Crypto Kong09:15:55 - 28 Apr 2019 [UTC]

having BTS visable out there

Crypto Kong09:16:25 - 28 Apr 2019 [UTC]

is that worth quarter of a mil though?

Dima BLCKCHND09:17:37 - 28 Apr 2019 [UTC]

Comparing to other workers definitely yes

Crypto Kong09:17:57 - 28 Apr 2019 [UTC]

yeah i suppose nothings cheap in crypto

Crypto Kong09:19:27 - 28 Apr 2019 [UTC]

Id quite like to see someone create a business, funded by a worker, that funnelled profits back into the reserver pool whilst offering a service that we need, ideally to do with fiat gateways

Thule09:23:06 - 28 Apr 2019 [UTC]

Cryptokong123

is that worth quarter of a mil though?

what iss better wirex or another UI ?

Crypto Kong09:23:33 - 28 Apr 2019 [UTC]

thuleeee

what iss better wirex or another UI ?

this is another one of my concerns, for wirex the ui loses funding again

R09:23:35 - 28 Apr 2019 [UTC]

Cryptokong123

or it would actually be used

I need to make a few purchases online and don't want to send to my bank first, it'd be very handy

Thule09:23:39 - 28 Apr 2019 [UTC]

Cryptokong123

Id quite like to see someone create a business, funded by a worker, that funnelled profits back into the reserver pool whilst offering a service that we need, ideally to do with fiat gateways

dexbot could do it via refferal program ;)

Thule09:24:19 - 28 Apr 2019 [UTC]

Cryptokong123

this is another one of my concerns, for wirex the ui loses funding again

rossul UI won't lose

R09:24:24 - 28 Apr 2019 [UTC]

thuleeee

what iss better wirex or another UI ?

WIREX is a payment processor, not an bts ui

Thule09:25:41 - 28 Apr 2019 [UTC]

yes but we got currently 2 UI's voted in.One nearly funded totaly and a second one for $400k which is in the beginning

Crypto Kong09:25:42 - 28 Apr 2019 [UTC]

thuleeee

rossul UI won't lose

sorry i thought that was the bottom worker

Thule09:25:45 - 28 Apr 2019 [UTC]

do we need both ?

R09:26:08 - 28 Apr 2019 [UTC]

Yes

Thule09:26:20 - 28 Apr 2019 [UTC]

cmmob

Yes

why ?

R09:26:42 - 28 Apr 2019 [UTC]

Because of the contents of their worker proposals justifying their activation?

Dima BLCKCHND09:27:24 - 28 Apr 2019 [UTC]

favdesu

I used them too, but bts has more important use cases than being used as cash

The main point for me, is a possibility, the chances that after they add bts, we could convince them to add bitEUR

Dima BLCKCHND09:27:40 - 28 Apr 2019 [UTC]

They already have dai there

Thule09:27:53 - 28 Apr 2019 [UTC]

they are active because of beos.Would wirex be voted in they would be inactiv

R09:28:08 - 28 Apr 2019 [UTC]

thuleeee

they are active because of beos.Would wirex be voted in they would be inactiv

Eventually probably

Crypto Kong09:29:22 - 28 Apr 2019 [UTC]

be nice if they could fix the search function on the UI, that shit really pisses me off lol

R09:29:38 - 28 Apr 2019 [UTC]

Cryptokong123

be nice if they could fix the search function on the UI, that shit really pisses me off lol

Raise an issue on github

Crypto Kong09:29:47 - 28 Apr 2019 [UTC]

have done multiple times

R09:30:04 - 28 Apr 2019 [UTC]

Then keep bumping the issue & claim the bounty yourself? Haha

מX

מ0ר Xanoxt de Canzaparca09:30:08 - 28 Apr 2019 [UTC]

Um, another thing is they might recognize letter written by Bob Cornish.

George (Bitspark)09:30:23 - 28 Apr 2019 [UTC]

Cryptokong123

Id be intetested in @George_Bitspark view on the wirex card seeing as he deals with the unbanked

Meh. Wirex (never heard of them till now) and unbanked entirely different things. In countries with significant levels of unbanked populations nobody is using any cards. Literally nobody. Visa/MasterCard penetration is approx <1% in pretty much everywhere except Europe/USA. So I don’t really care about it. As a worker it seems like funding to pay a fee to a company to integrate, not sure I think that’s value for money. Won’t be voting for it

Crypto Kong09:30:37 - 28 Apr 2019 [UTC]

cmmob

Then keep bumping the issue & claim the bounty yourself? Haha

you dont want me involved... youll get no more than a white screen... FOREVER lol

R09:31:21 - 28 Apr 2019 [UTC]

George_Bitspark

If it results in open source deliverables then that'd be great, however you're right that it's spending just for integration, however itd be convenient for shopping

Crypto Kong09:32:03 - 28 Apr 2019 [UTC]

George_Bitspark

thanks, this is pretty much my thoughts. It will just be used, not very often, by a handful of people. Sounds like a lot of money for a marketing effort hoping people will see the name BitShares and look into it

George (Bitspark)09:32:50 - 28 Apr 2019 [UTC]

George_Bitspark

Another thing is who’s their card issuer ? A few years ago every card issuer got shut down coz every company was with the only one who’s bank them, wavecrest holdings. When wavecrest shut them down coz visa didn’t like it all of them died

George (Bitspark)09:33:24 - 28 Apr 2019 [UTC]

Ever since there’s been a few random issuers but they call came with restrictions. Eg euro address only (like shake pay)

Crypto Kong09:33:25 - 28 Apr 2019 [UTC]

yep i remember that happening as i was trying to get hold of that one on eth, cant remember the name now

Dima BLCKCHND09:33:35 - 28 Apr 2019 [UTC]

George_Bitspark

If all businesses that claims to bring plastic cards to bitshares have a success in their plans we did not have this worker on the first place.

George (Bitspark)09:34:07 - 28 Apr 2019 [UTC]

George_Bitspark

Ever since there’s been a few random issuers but they call came with restrictions. Eg euro address only (like shake pay)

So there’s a likelihood they get shut down like everyone else who achieves some significant scale. Then it’s wasted money

Crypto Kong09:34:14 - 28 Apr 2019 [UTC]

agreed

R09:34:17 - 28 Apr 2019 [UTC]

George_Bitspark

So there’s a likelihood they get shut down like everyone else who achieves some significant scale. Then it’s wasted money

Brexit uncertainty too

Crypto Kong09:34:52 - 28 Apr 2019 [UTC]

cmmob

Brexit uncertainty too

lol good point, dont even know if they will be allowed to operate outside of uk lol

Crypto Kong09:35:21 - 28 Apr 2019 [UTC]

(i hate my country) lol

Bellick Algo09:36:24 - 28 Apr 2019 [UTC]

not sure if they are allowed but i tried to register and i couldnt (not in uk)

Dima BLCKCHND09:38:41 - 28 Apr 2019 [UTC]

blockchained

If all businesses that claims to bring plastic cards to bitshares have a success in their plans we did not have this worker on the first place.

Bitshares community talking about plastic cards and collecting money on ICOs for years Ocash, nanocard etc Now we have established operator that passed through cryptoplastic drama and still working wanting to work with us through worker system

fav09:40:09 - 28 Apr 2019 [UTC]

George_Bitspark

Oh yeah, that's when I stopped using them. After the meltdown on issuers

Thule09:40:33 - 28 Apr 2019 [UTC]

George_Bitspark

So there’s a likelihood they get shut down like everyone else who achieves some significant scale. Then it’s wasted money

two diffrent time periods. At that time crypto was called ilegal and unregulated where now regulations are knocking on the door

George (Bitspark)09:41:34 - 28 Apr 2019 [UTC]

thuleeee

two diffrent time periods. At that time crypto was called ilegal and unregulated where now regulations are knocking on the door

No different. There’s no regulations in the jurisdiction of Wirex. FCA in uk only has some proposal. A think tank pdf is not regulation

Thule09:42:56 - 28 Apr 2019 [UTC]

russia is high probably getting this july crypto regulations out.G20 made also now the announcement to publish soon their regulations

Thule09:42:57 - 28 Apr 2019 [UTC]

https://news.bitcoin.com/japan-g20-cryptocurrency-regulation/

Dima BLCKCHND09:43:45 - 28 Apr 2019 [UTC]

George_Bitspark

No different. There’s no regulations in the jurisdiction of Wirex. FCA in uk only has some proposals for crypto. A think tank pdf is not regulation

Do you work with them? Or it is just a concern?

George (Bitspark)09:43:52 - 28 Apr 2019 [UTC]

thuleeee

russia is high probably getting this july crypto regulations out.G20 made also now the announcement to publish soon their regulations

so? Japan has had reg for 3 years, thailand just started. Dont see how thats relevant

George (Bitspark)09:44:15 - 28 Apr 2019 [UTC]

blockchained

Do you work with them? Or it is just a concern?

was just responding to the comment about regulation.

Fabian Schuh09:44:19 - 28 Apr 2019 [UTC]

blockchained

Full support for wirex!

please take a few minutes to also post your support to bitsharestalk.org and tell your proxy .. thanks

Dima BLCKCHND09:44:42 - 28 Apr 2019 [UTC]

xeroc

please take a few minutes to also post your support to bitsharestalk.org and tell your proxy .. thanks

Already did

Thule09:44:46 - 28 Apr 2019 [UTC]

they will do it soon since japans focus is to present their governmental coin in sommer 2020. All governmental coins need to be ready by US bill till august 2002

Thule09:46:59 - 28 Apr 2019 [UTC]

George_Bitspark

so? Japan has had reg for 3 years, thailand just started. Dont see how thats relevant

its the beginning of mass adoption making regulated crypto fully legal and operational.

George (Bitspark)09:47:20 - 28 Apr 2019 [UTC]

thuleeee

its the beginning of mass adoption making regulated crypto fully legal and operational.

thats not how it works.... 😄 regulation != mass adoption.

Thule09:47:27 - 28 Apr 2019 [UTC]

wrong

Thule09:48:02 - 28 Apr 2019 [UTC]

if you implement a governmental coin with negative interrest people will jump into any assets to uphold their wealth

Thule09:48:33 - 28 Apr 2019 [UTC]

https://blogs.imf.org/2019/02/05/cashing-in-how-to-make-negative-interest-rates-work/

Crypto Kong09:50:00 - 28 Apr 2019 [UTC]

just read the wirex crypto terms and conditions, seems like they dont actually hold any crypto they just use and exchange, so your at the mercy of that exchange i guess

Thule09:50:02 - 28 Apr 2019 [UTC]

it will be for a certain time a two currency system having virtual governmental coins and paper money at the same time

George (Bitspark)09:50:04 - 28 Apr 2019 [UTC]

i think youre confusing two entirely different things. one is a state issued (often by a central bank) cryptocurrency, of which only a few governments are proposing, the most furthest along project is project Ubin in Singapore however thats unlikely to arrive anytime soon. Also there is no new regulation required for this, its not 'a coin' its a new IT system used by a central bank. no regulatory changes are needed. Secondly perhaps you are referring to cryptocurrency regulation which only really 1-5 jurisdictions globally have something real- many have decided to add crypto to their AML/KYC reigeme, very few have opted for an entirely new reigeme

Fabian Schuh09:51:14 - 28 Apr 2019 [UTC]

blockchained

Already did

👍

Crypto Kong09:51:30 - 28 Apr 2019 [UTC]

thuleeee

if you implement a governmental coin with negative interrest people will jump into any assets to uphold their wealth

your presuming people arent stupid

Crypto Kong09:51:44 - 28 Apr 2019 [UTC]

what will actually happen is people will spend all their money on stupid shit they dont need

George (Bitspark)09:52:10 - 28 Apr 2019 [UTC]

Cryptokong123

just read the wirex crypto terms and conditions, seems like they dont actually hold any crypto they just use and exchange, so your at the mercy of that exchange i guess

Wirex need to fund their bank (and visa with real USD fiat). Therefore the bitUSD you might deposit they'd need to sell on an exchange to get the USD. Firstly often the BitUSD is not that liquid, therefore likely they need to setup a trade to buy BTS with the BitUSD, then sell BTS on somewhere liquid like Binance. Thats about 1% already give or take plus settlement time. Now add ontop visa fees youre probably looking at a few % to transact roundtrip. Maybe they subsidise it to begin with but that wouldnt be sustainable at scale, and scale is what we want

Fabian Schuh09:53:06 - 28 Apr 2019 [UTC]

George_Bitspark

finally someone that understands why bitusd doeant work on a CC just yet

Crypto Kong09:53:29 - 28 Apr 2019 [UTC]

if only there was an incentive to create bitusd lol

Thule09:53:37 - 28 Apr 2019 [UTC]

George_Bitspark

no i'm talking about crypto getting regulated world wide, A change of the golbal monetary system to "fight" recession changing the current world currencies and switching to a global virtual monetary system linked to a special asset

Thule09:55:00 - 28 Apr 2019 [UTC]

Japan and its governmental coin is the start signal and the rest will follow after US election thats why all other countries need to have their coins ready till august 2020

Thule09:55:36 - 28 Apr 2019 [UTC]

its written down in offial governmentall bills

R09:55:40 - 28 Apr 2019 [UTC]

Cryptokong123

just read the wirex crypto terms and conditions, seems like they dont actually hold any crypto they just use an exchange, so your at the mercy of that exchange i guess

Should get them to run a bridge/gateway on bitshares ;D

Crypto Kong09:56:07 - 28 Apr 2019 [UTC]

cmmob

Should get them to run a bridge/gateway on bitshares ;D

maybe we build it for them for free listing? 😜

Lofty Paul10:03:12 - 28 Apr 2019 [UTC]

Hello

Thule10:12:35 - 28 Apr 2019 [UTC]

https://edgy.app/new-digital-currency-to-be-launched-by-japan-in-2020

fav10:13:46 - 28 Apr 2019 [UTC]

Here's an opinion on Dan's algo from eosUSD project

local stablecoineryman10:13:46 - 28 Apr 2019 [UTC]

We are still continuing to build eosUSD as per our whitepaper at eosUSD.com I don't want to bash Dan, of course, and I don't fully comprehend his algo just yet, but I can offer some of my gut instinct: Dan’s idea is very different. That is like pretending that EOS is an ETF share of a basket composed of a safe asset USD and a very risky asset MMS. In Dan’s framework, the pricing relationship between the ETF share and the basket is supported by “arbitrage” traders trading on a limit order book, for example selling EOS to buy a basket of USD and MMS when EOS is expensive, and vice versa. One problem is that MMS doesn’t exist or have a market value outside of this construct, it’s a plug figure so there can be no true arbitrage. There isn’t enough incentive for stablecoin to be minted in the first place in Dan’s framework, for example who would want to trade EOS for a mix of MMS and USD. In our framework the origin of cash money is credit, stablecoin is minted by people wanting to borrow against their EOS holdings, to monetize their crypto, there is endless demand for credit, and hence the creation of eosUSD stablecoin. Can you monetize your EOS using Dan’s algorithm? Nope. For example if you own EOS can you borrow stablecoin using your EOS as collateral and without selling your EOS? No. Dan’s algo seems to have arbitrary risk requirements i.e. setting a fixed target amount of overcollateralization where everyone will simple agree is enough for “solvency” is an arbitrary risk specification. And further there is no definition of what is meant by solvency. Undefined risk leads to overly conservative limits, ultimately limiting user scale. In the eosUSD framework it is clear that volatility risk and price jump risk are being transferred using collateralization along with equity default swaps and a structured product at a price that drives solvency to a target where solvency is clearly defined as sufficient insurance capitalization per solvency ii. This will allow eosUSD to have efficient leverage limits enabling scale In Dan’s algo price stability is driven by trading against an order book which we think is too granular and complex which limits scalability. In eosUSD price discovery is simpler yet fully market driven. The user is simply presented with the current rate for loan insurance which adjusts over time based on the balance between debt and insurance assets, and a pricing model that considers the amount of overcollateralization on each loan. Dan's algo depends on trading. Liquidity dries up during distressed markets / black swans, so I think he is underestimating liquidity risk. In eosUSD we have low friction bailouts which means the insurers have escrowed collateral ahead of time to recap loans; they simply become owners of the debt and no trading is required during distressed markets. Also our platform extends to epic features such as lending EOS (borrowing EOS against stablecoin, for selling short), and building a crypto credit score.

Mathew10:15:25 - 28 Apr 2019 [UTC]

favdesu

Thanks for sharing Fav

Fabian Schuh10:23:38 - 28 Apr 2019 [UTC]

favdesu

thanks. finally someone that diggs into those matters.

Fabian Schuh10:24:36 - 28 Apr 2019 [UTC]

personally, i do not think that making 'financial products' more complicated also makes them more attractive. Bitassets are simple, yet complicated enough for many to not understand them already.

Jonathan Bahai10:33:05 - 28 Apr 2019 [UTC]

favdesu

Important to note these are opinions of someone who is building a competing product.

Fabian Schuh10:36:19 - 28 Apr 2019 [UTC]

Isn't what DanL proposes a competing product to bitUSD as well?

Fabian Schuh10:36:43 - 28 Apr 2019 [UTC]

I'd rather have those approaches reviewed properly before even discussing to change bitassets ..

Fabian Schuh10:37:05 - 28 Apr 2019 [UTC]

Also, bitassets have a proven track-record (not ideal, but working) .. while *both* of the EOS proposals are "on-paper" still.

Fabian Schuh10:37:25 - 28 Apr 2019 [UTC]

And .. there is a lot to learn from MakerDAO already - not just marketing, but also the econimics.

Mathew10:38:45 - 28 Apr 2019 [UTC]

xeroc

Isn't what DanL proposes a competing product to bitUSD as well?

I think Jon just meant the guys building eosUSD so a direct 1:1 competitor with this new Eos smartcoin.

Fabian Schuh10:39:22 - 28 Apr 2019 [UTC]

I got that. I am just saying that both of those proposals are *also* direct competitors to bitUSD

Mathew10:39:32 - 28 Apr 2019 [UTC]

Yeah agree

Mathew10:41:36 - 28 Apr 2019 [UTC]

I think what we need is to incentivise and diversify bitUSD creation - at the minute the use case is too narrow. The majority of people borrowing bitUSD are doing so to gamble on a price rise, which is fine but we need to incentivise more risk adverse people to margin.

Mathew10:42:24 - 28 Apr 2019 [UTC]

That's why I like the idea of us doing something bitmex-ish with margin lending etc

Jonathan Bahai10:42:30 - 28 Apr 2019 [UTC]

xeroc

Isn't what DanL proposes a competing product to bitUSD as well?

Or an opportunity to improve it.. depending on what voters decide.. or at least what they are proposed to decide.

Jonathan Bahai10:43:13 - 28 Apr 2019 [UTC]

xeroc

I'd rather have those approaches reviewed properly before even discussing to change bitassets ..

So who decides what is proper? Easy to just keep arguing it's not proper.

Fabian Schuh10:43:48 - 28 Apr 2019 [UTC]

My statement started with **I'd rather...**"

Jonathan Bahai10:44:52 - 28 Apr 2019 [UTC]

xeroc

Also, bitassets have a proven track-record (not ideal, but working) .. while *both* of the EOS proposals are "on-paper" still.

Proven experiments which show it's still not where it needs to be. Only need to point to the plethora of competitors of stable coins gaining more adoption than bitassets

Mathew10:45:46 - 28 Apr 2019 [UTC]

JBahai

Proven experiments which show it's still not where it needs to be. Only need to point to the plethora of competitors of stable coins gaining more adoption than bitassets

That's the point tho - we should be looking at why they are gaining more adoption

Mathew10:46:23 - 28 Apr 2019 [UTC]

What do we need to learn from them?

Jonathan Bahai10:46:49 - 28 Apr 2019 [UTC]

xeroc

I got that. I am just saying that both of those proposals are *also* direct competitors to bitUSD

I don't think these are.. something that exists in eos as a stable coin I think is more of a competitor for adoption than something outside of it.. bitshares has the opportunity to learn and adopt/adapt

Jonathan Bahai10:48:09 - 28 Apr 2019 [UTC]

In other words the idea of multiple bitusds in eos would be a threat to each other for liquidity vs. A stable coin in another blockchain

Fabian Schuh10:48:09 - 28 Apr 2019 [UTC]

fun fact: MakerDAO could have learned from us as much as we can learn from them.

Jonathan Bahai10:48:43 - 28 Apr 2019 [UTC]

xeroc

fun fact: MakerDAO could have learned from us as much as we can learn from them.

They did.. they started out of bitshares we all know that

Fabian Schuh10:49:27 - 28 Apr 2019 [UTC]

JBahai

They did.. they started out of bitshares we all know that

and the separated entirely 3 years ago, like they missed all the lessons learn since then.

Fabian Schuh10:49:57 - 28 Apr 2019 [UTC]

JBahai

In other words the idea of multiple bitusds in eos would be a threat to each other for liquidity vs. A stable coin in another blockchain

thing is .. let the market decide which one of them is better beforr proposing to change bitassets ..

Jonathan Bahai10:55:03 - 28 Apr 2019 [UTC]

xeroc

thing is .. let the market decide which one of them is better beforr proposing to change bitassets ..

What if the bitshares market decides it wants to be first to market for the maket to decide? Is this a preemptive decision to support only doing nothing and let someone else potentially take up market share first?

Jonathan Bahai10:56:18 - 28 Apr 2019 [UTC]

I am talking about adopting a more aggressive approach to bitassets changes.. we have done everything playing with parameters but nothing to address the fundamental issues of the core aging design

Fabian Schuh11:02:00 - 28 Apr 2019 [UTC]

JBahai

I am talking about adopting a more aggressive approach to bitassets changes.. we have done everything playing with parameters but nothing to address the fundamental issues of the core aging design

arguable, we have not yet done everything as we only allow changing MCR sincr last upgrade (a week old).

Fabian Schuh11:02:27 - 28 Apr 2019 [UTC]

Howrver, i agree that the voters have the say and recommend you put your wishes into a bsip and bring it before the voters.

Mathew11:04:59 - 28 Apr 2019 [UTC]

JBahai

I am talking about adopting a more aggressive approach to bitassets changes.. we have done everything playing with parameters but nothing to address the fundamental issues of the core aging design

Like Xeroc said it would be good to see some proposal / post outlining

Mathew11:05:42 - 28 Apr 2019 [UTC]

At the minute it feels like most tweaks end up prioritising improving the peg but damage the tokens ability to protect themselves in a bear market

Mathew11:06:45 - 28 Apr 2019 [UTC]

More discussion about options is always good

Alex M - clockwork11:07:07 - 28 Apr 2019 [UTC]

Important to note that bancor protocol has been around for a while and has gained very little traction

Alex M - clockwork11:07:28 - 28 Apr 2019 [UTC]

Compared to maker /dai which is based on the same design as bitassets

Crypto Kong11:07:34 - 28 Apr 2019 [UTC]

favdesu

nice thanks

Alex M - clockwork11:08:15 - 28 Apr 2019 [UTC]

Let's not sell ourselves short because Dan got excited about something

Crypto Kong11:09:35 - 28 Apr 2019 [UTC]

matle85

What do we need to learn from them?

no one gives a shit whether its backed or not as long as it has a peg

Mathew11:10:00 - 28 Apr 2019 [UTC]

Cryptokong123

no one gives a shit whether its backed or not as long as it has a peg

That's basically the lesson from Tether

Crypto Kong11:10:03 - 28 Apr 2019 [UTC]

yup

Crypto Kong11:10:26 - 28 Apr 2019 [UTC]

thats your everyday trader anyway...

Crypto Kong11:10:47 - 28 Apr 2019 [UTC]

the ones buying millions of tether probably have a lot more insight into whats actually going on behind the scenes

Mathew11:11:09 - 28 Apr 2019 [UTC]

We want everyday traders on the Dex - issue is this tether stuff isn't sustainable

bench11:11:31 - 28 Apr 2019 [UTC]

murda_ra

my CEX been paying out crypto straight to my bank with no issues :D

Does your CEX offer BTS/FIAT pairings ? I am against plastic cards, but additional BTS/FIAT pairings on big banks should improve traffic.

Mathew11:11:43 - 28 Apr 2019 [UTC]

So I agree peg is key, that comes from high liquidity and supply though primarily

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Jonathan Bahai11:12:23 - 28 Apr 2019 [UTC]

clockworkgr

Let's not sell ourselves short because Dan got excited about something

He has dozens of engineers to vet this stuff now.. I would agree with this sentiment a few yrs ago but not today.. not after spending some time at the b1 dev offices myself and seeing everyone there

Crypto Kong11:12:28 - 28 Apr 2019 [UTC]

clockworkgr

Important to note that bancor protocol has been around for a while and has gained very little traction

very true

Crypto Kong11:13:05 - 28 Apr 2019 [UTC]

bit assets are great... just need a reason/ incentive to create them and we are away

Fabian Schuh11:14:47 - 28 Apr 2019 [UTC]

matle85

That's basically the lesson from Tether

let's reevaluate that lesson in 8 weeks

Crypto Kong11:15:46 - 28 Apr 2019 [UTC]

whats the bet one of the new york attorney generals office joins a competitor soon, ie gemini

Crypto Kong11:16:30 - 28 Apr 2019 [UTC]

take tether out then join the competition

Crypto Kong11:16:40 - 28 Apr 2019 [UTC]

would not be surprised in the slightest

Crypto Kong11:19:18 - 28 Apr 2019 [UTC]

whats the reason for settling smartcoins having a 3 day dealy (or whatever it is)?

Fabian Schuh11:19:29 - 28 Apr 2019 [UTC]

Cryptokong123

whats the reason for settling smartcoins having a 3 day dealy (or whatever it is)?

its 24hrs

Fabian Schuh11:19:39 - 28 Apr 2019 [UTC]

and it is to protect against market manipulation

Crypto Kong11:20:06 - 28 Apr 2019 [UTC]

how would one use it to manipulate the market?

Fabian Schuh11:21:47 - 28 Apr 2019 [UTC]

i sell BTS, wait for price feed to react, then settle bitUSD before the feed goes back again.

Crypto Kong11:22:19 - 28 Apr 2019 [UTC]

ah right ok cool thanks

Crypto Kong11:23:38 - 28 Apr 2019 [UTC]

is there not a way to improve feeds to lower this time period?

Mathew11:30:09 - 28 Apr 2019 [UTC]

xeroc

let's reevaluate that lesson in 8 weeks

Probably no change

Fabian Schuh11:31:13 - 28 Apr 2019 [UTC]

Cryptokong123

is there not a way to improve feeds to lower this time period?

Well .. you could potentially monitor settlements and the more volume is in settlements, the less aggresive you allow changes in the feeds - but that only adds another parameter that needs to be optimized - there are already offset, MSSR, MCR, etc ...

Fabian Schuh11:31:32 - 28 Apr 2019 [UTC]

one could reduce the max settlement volume per maintenance interval to reduce the attack vector, but that would only result in settlements taking loonger

Fabian Schuh11:32:19 - 28 Apr 2019 [UTC]

matle85

Probably no change

I don't know if there will be change, but I do know that other projects that have been exposed so massively went downhill only weeks later.

Fabian Schuh11:32:29 - 28 Apr 2019 [UTC]

Most of them have been clear scams though ..

Fabian Schuh11:33:15 - 28 Apr 2019 [UTC]

Assuming the content of the latest news is accurate, it looks much more like bitfinex is a victim of crypto capital

Fabian Schuh11:33:36 - 28 Apr 2019 [UTC]

but i also believe they are not telling the whole story

Fabian Schuh11:33:47 - 28 Apr 2019 [UTC]

bitfinex has a track record of not being transparent

Thule11:34:04 - 28 Apr 2019 [UTC]

i don't think that theter is not backed as its a cowork with rothschilds bank. In my opinion its again a use to create a massiv dump after the golden cross in analytics

Fabian Schuh11:34:57 - 28 Apr 2019 [UTC]

so the governments purposly froze the funds and caused the general attorny to send out that letter?

Fabian Schuh11:35:09 - 28 Apr 2019 [UTC]

just in the hopes for people to panic sell?

Fabian Schuh11:35:29 - 28 Apr 2019 [UTC]

What I really don't understand is why people would sell BTC when tether gets bad press ..

Fabian Schuh11:35:59 - 28 Apr 2019 [UTC]

IMHO, people should get our of tether and easiest for them is to go to BTC (volatile asset) or other stable coins (USDC etc)

Fabian Schuh11:36:20 - 28 Apr 2019 [UTC]

Interestingly, we see USDC with a premium now, but Tether still trading close to parity..

Mathew11:37:00 - 28 Apr 2019 [UTC]

xeroc

IMHO, people should get our of tether and easiest for them is to go to BTC (volatile asset) or other stable coins (USDC etc)

This is exactly my confusion - I would expect tether fud to pump BTC!

Fabian Schuh11:37:26 - 28 Apr 2019 [UTC]

assuming people are into Tether for "being part of crypto" ..

Fabian Schuh11:37:42 - 28 Apr 2019 [UTC]

and thus they are risk-taking enough to liquidate tether into BTC (at least short term)

Thule11:37:52 - 28 Apr 2019 [UTC]

xeroc

IMHO, people should get our of tether and easiest for them is to go to BTC (volatile asset) or other stable coins (USDC etc)

They want people move out of USDT into BTC before the big dump

Fabian Schuh11:38:02 - 28 Apr 2019 [UTC]

Assuming people are into tether due to other reasons (say, drugs), they may not want to take the risk of BTC as a volatile asset

Fabian Schuh11:38:28 - 28 Apr 2019 [UTC]

thuleeee

They want people move out of USDT into BTC before the big dump

but people are not moving into BTC, that's what's weird

Thule11:39:13 - 28 Apr 2019 [UTC]

last time there was fud about USDT price went down to 0.95 so there was a big move from USDT to other coins

Thule11:39:44 - 28 Apr 2019 [UTC]

Give it a few days.Golden cross can happen somewhere between april 29 and may th

Fabian Schuh11:39:49 - 28 Apr 2019 [UTC]

not this time .. at least not yet

Crypto Kong11:40:20 - 28 Apr 2019 [UTC]

If it was tether causing it, they would not be interested in manipulating btc price really but more the peg so they can buy back their tether at 0.95 (5% discount) then re sell it for more after

Digital Lucife®11:40:48 - 28 Apr 2019 [UTC]

habibi7

Does your CEX offer BTS/FIAT pairings ? I am against plastic cards (dead horse), but additional BTS/FIAT pairings on big banks should improve traffic and liquidity

Not yet... Thais are more local oriented and been working hard on localizing bitshares.org to Thai + finding appropriate Thai representative to get listing pricing and docs

Digital Lucife®11:40:58 - 28 Apr 2019 [UTC]

Very soon might add

Fabian Schuh11:41:13 - 28 Apr 2019 [UTC]

good point actually ..

Crypto Kong11:42:33 - 28 Apr 2019 [UTC]

tether will make most of its money through interest holding other peoples money in the bank and buying back cheap tethers when peg moves

Crypto Kong11:43:30 - 28 Apr 2019 [UTC]

obviously not in there interest to manipulate the peg very often but when it does loose its peg, have no doubt they will take advantage of it

Jonathan Bahai11:45:34 - 28 Apr 2019 [UTC]

xeroc

What I really don't understand is why people would sell BTC when tether gets bad press ..

its a largely held believe that tether may have been single handedly responsible for the 2017 run up of bitcoin given the frequency tether was being printed and buying up bitcoin.. its been said if tether was taken out we might see bitcoin go down to $1000. So would you want to put your tether into BTC if this is the potential scenario? Nope.

Thule11:46:00 - 28 Apr 2019 [UTC]

Cryptokong123

If it was tether causing it, they would not be interested in manipulating btc price really but more the peg so they can buy back their tether at 0.95 (5% discount) then re sell it for more after

they are not interrest in these small kind of profits.Big Banks were accumulating since 2012.What they are doing now is distributing.JPM said clearly in 2012 they are going for 2000%+

Fabian Schuh11:46:18 - 28 Apr 2019 [UTC]

reminds me of mt.gox when they traded "claims" on balances on mt.gox accounts

Jonathan Bahai11:47:17 - 28 Apr 2019 [UTC]

Also a few days ago after this came out.. stolen BTC from Bitfinex suddenly and for the first time.. started moving.

Fabian Schuh11:47:40 - 28 Apr 2019 [UTC]

JBahai

I am not sold on that argument ... but I don't know ..

Jonathan Bahai11:48:09 - 28 Apr 2019 [UTC]

from aug 2016.. 120,000 BTC.. back then it was $73m

Crypto Kong11:48:19 - 28 Apr 2019 [UTC]

yeah i think the eth ICO period had a massive affect

Stefan11:48:28 - 28 Apr 2019 [UTC]

Cryptokong123

this is another one of my concerns, for wirex the ui loses funding again

The UI should survive with current budget a couple weeks

Fabian Schuh11:49:06 - 28 Apr 2019 [UTC]

JBahai

from aug 2016.. 120,000 BTC.. back then it was $73m

though, those BTC cannot be "easily" sold on any CEX and thus cannot be easily used to dump the market, right?

Stefan11:49:36 - 28 Apr 2019 [UTC]

George_Bitspark

It's through Visa as well at the end, but not directly

Jonathan Bahai11:50:24 - 28 Apr 2019 [UTC]

Cryptokong123

yeah i think the eth ICO period had a massive affect

last week while I was at a conference in NYC I met someone who did an ICO.. what amazed me was this guy had nothing to do with blockchain.. the offer had nothing to do with blockchain either.. the ICO was purely just an unregulated fund raiser... I can understand bumb blockchain projects.. but now I realize it was 'everyone' who was using it.. not just the blockchain space.

Crypto Kong11:51:42 - 28 Apr 2019 [UTC]

dare i ask how much he raised?

Jonathan Bahai11:52:10 - 28 Apr 2019 [UTC]

xeroc

though, those BTC cannot be "easily" sold on any CEX and thus cannot be easily used to dump the market, right?

why would it not be easy? There are plenty of options out there.. including OTC.

Fabian Schuh11:52:59 - 28 Apr 2019 [UTC]

JBahai

why would it not be easy? There are plenty of options out there.. including OTC.

OTC exposes an identity, right?

Fabian Schuh11:53:43 - 28 Apr 2019 [UTC]

especially, if you wanted to use them to dump the market, you'd need to sell alot in short time.

Fabian Schuh11:53:58 - 28 Apr 2019 [UTC]

That almost surely exposes the hacker

bench11:54:25 - 28 Apr 2019 [UTC]

How much does it cost for the wirex worker to get only a BTS/EUR pairing listed?

Thule11:56:17 - 28 Apr 2019 [UTC]

xeroc

OTC exposes an identity, right?

Jonathan is right here.FBI released a report that they can identify every transaction owner exepct 3 issues they found.One of them was OTC which was abused heavily by some big players

Fabian Schuh11:57:54 - 28 Apr 2019 [UTC]

habibi7

How much does it cost for the wirex worker to get only a BTS/EUR pairing listed?

that's unfortunately, nothing they offer. It also makes the use-case smaller as then you could only pay €-prices with your BTS on CC.

Jonathan Bahai11:57:55 - 28 Apr 2019 [UTC]

xeroc

OTC exposes an identity, right?

Confidentiality is highly regarded in some spaces. In Bitshares what we are implimenting with HTLC will make it even more anonymous

Jonathan Bahai11:59:17 - 28 Apr 2019 [UTC]

Cryptokong123

dare i ask how much he raised?

they didnt say.. and looking online I cannot find anything.. token never got listed anywhere.. during the ICO they toed the line of bringing what they do to blockchain.. but in actual practise they never touched it.. they just used the ICO model to get ETH.

Fabian Schuh11:59:18 - 28 Apr 2019 [UTC]

JBahai

Confidentiality is highly regarded in some spaces. In Bitshares what we are implimenting with HTLC will make it even more anonymous

You do know AML, right? Those also apply to individuals, not just businesses. If you wanted to make an OTC trade (may it be HTLC or not) of more than 10k$/€, you maybe make yourself liable for money loaundering.

Fabian Schuh11:59:55 - 28 Apr 2019 [UTC]

Any entity that would allow you to exchange assets worth something bigger than X will have to report your trade to their authorities.

Jonathan Bahai12:00:26 - 28 Apr 2019 [UTC]

xeroc

More than the average bear... the earth is not yet one country with mankind as its citizens.. until then there are always places to go where the rules are different.

Fabian Schuh12:00:46 - 28 Apr 2019 [UTC]

JBahai

We have a business in our pipeline too that only wants to use crypto to raise capital but are not into blockchain biz at all

Fabian Schuh12:01:47 - 28 Apr 2019 [UTC]

JBahai

More than the average bear... the earth is not yet one country with mankind as its citizens.. until then there are always places to go where the rules are different.

Sure, if you want to liquidate into some random currency, but as soon as a somewhat established currency is involved, things get difficult.

Fabian Schuh12:02:11 - 28 Apr 2019 [UTC]

And surely, the hackers know that too, else they would have liquidated at least a portion during last bull market

Jonathan Bahai12:02:15 - 28 Apr 2019 [UTC]

and despite the 'rules' .. people are not hard pressed to follow them... in most cases.. they will do the bare minimum to meet them.. because getting a passing grade is more profitable than getting an A+ grade for them

bench12:02:22 - 28 Apr 2019 [UTC]

xeroc

that's unfortunately, nothing they offer. It also makes the use-case smaller as then you could only pay €-prices with your BTS on CC.

Ok, with no BTS/EUR pairing just for a stupid plastic card from visa, paying for paperwork I am against this worker

Jonathan Bahai12:03:13 - 28 Apr 2019 [UTC]

that was what I have also noticed speaking with many at these conferences... regulatory requirements are a burden.. not something they aspire for.

Fabian Schuh12:03:15 - 28 Apr 2019 [UTC]

habibi7

Ok, with no BTS/EUR pairing just for a stupid plastic card from visa, paying for paperwork I am against this worker

who said there is no BTS/EUR pairing?

Fabian Schuh12:03:21 - 28 Apr 2019 [UTC]

you get BTS on a creditcard ..

Fabian Schuh12:03:27 - 28 Apr 2019 [UTC]

and can use it to pay at any visa terminal

Fabian Schuh12:03:37 - 28 Apr 2019 [UTC]

in any supported local currency

Jonathan Bahai12:03:38 - 28 Apr 2019 [UTC]

regulators could do well to better gamify their processes. :)

Fabian Schuh12:03:53 - 28 Apr 2019 [UTC]

it's **not limited** to EUR

bench12:04:11 - 28 Apr 2019 [UTC]

I dont want to use VISA, VISA is a dead company, we should finance some Framewrok and documentation and kick VISA

Fabian Schuh12:05:58 - 28 Apr 2019 [UTC]

habibi7

I dont want to use VISA, VISA is a dead company, we should finance some Framework and Documentation and kick VISA

well, then I guess you shouldn't vote for the worker - even though this might open an entire new use-case for BTS as a token of exchange and thus increase demand.

Jonathan Bahai12:06:35 - 28 Apr 2019 [UTC]

xeroc

Sure, if you want to liquidate into some random currency, but as soon as a somewhat established currency is involved, things get difficult.

just because its difficult doesn't mean ti can't get done. Ever seen the lengths some go to launder USD? It happens on a massive scale in the trillions every year.. doing it with BTC while it is more difficult isn't impossible. Regardless.. AG file lawsuit.. BTC from Bitfinex 'hack' starts moving. Eyebrows are raised.

Fabian Schuh12:06:38 - 28 Apr 2019 [UTC]

habibi7

I dont want to use VISA, VISA is a dead company, we should finance some Framework and Documentation and kick VISA

just for the sake of the argument: is mastercard dead too? I am asking because I don't know if you prefer to ditch cards entirely or just prefer to use mastercard instead

bench12:07:06 - 28 Apr 2019 [UTC]

Easydex is the only BTS/EUR paring at the moment ?

Fabian Schuh12:07:12 - 28 Apr 2019 [UTC]

JBahai

true that

Fabian Schuh12:07:22 - 28 Apr 2019 [UTC]

habibi7

Easydex is the only BTS/EUR paring at the moment ?

wirex is a credit card .. not an exchange

Fabian Schuh12:07:30 - 28 Apr 2019 [UTC]

easydex has no creditcard, do they?

Mathew12:07:57 - 28 Apr 2019 [UTC]

habibi7

Easydex is the only BTS/EUR paring at the moment ?

Do you mean fiat gateway?

Jonathan Bahai12:07:58 - 28 Apr 2019 [UTC]

habibi7

I dont want to use VISA, VISA is a dead company, we should finance some Framework and Documentation and kick VISA

I totally get you on this. Though until we are at the tipping point.. we need to use the horse and buggy.. at least until we have the roads for our formula 1 blockchains paved.

bench12:08:18 - 28 Apr 2019 [UTC]

matle85

Do you mean fiat gateway?

Yes with gateway

Mathew12:08:22 - 28 Apr 2019 [UTC]

habibi7

Yes with gateway

easyDEX offer a pretty good / quick fiat gateway (in my experience)

Mathew12:09:10 - 28 Apr 2019 [UTC]

I'm not aware of any others. Cryptomate will go live with BTS/GBP listing next month - Ill ask them if they also accept overseas/EUR transfers

Fabian Schuh12:09:30 - 28 Apr 2019 [UTC]

... yet, you cannot pay at the grocery story with EUR @ easydex

Fabian Schuh12:09:43 - 28 Apr 2019 [UTC]

matle85

I'm not aware of any others. Cryptomate will go live with BTS/GBP listing next month - Ill ask them if they also accept overseas/EUR transfers

👍👍

Mathew12:10:12 - 28 Apr 2019 [UTC]

I support Wirex because getting onto visa is a big deal. In the west visa and MasterCard will continue to dominate for the foreseeable I think.

Fabian Schuh12:11:05 - 28 Apr 2019 [UTC]

In Scandinavian countries, you even pay your parking ticket with visa :D

bench12:11:30 - 28 Apr 2019 [UTC]

How much are the fees using a wirex credit card with BTS ?

Mathew12:11:56 - 28 Apr 2019 [UTC]

Everything is going more and more contactless - cash is getting killed off. So we're stuck with Visa and MasterCard until PalmPay is equally available 😉

bench12:13:21 - 28 Apr 2019 [UTC]

Any numbers about traffic/price improvements with wirex?

Jonathan Bahai12:19:24 - 28 Apr 2019 [UTC]

habibi7

How much are the fees using a wirex credit card with BTS ?

They will be significant in terms of rate of exchange.. I would like to know before hand what exchange they will be using.. will it be direct to DeX or are they going to get it from binanace or something? Or a new entry that collects on this.

Fabian Schuh12:20:21 - 28 Apr 2019 [UTC]

JBahai

since you already know how significant they will be, why dont you tell us how they run their business?

Fabian Schuh12:21:36 - 28 Apr 2019 [UTC]

they do use an established and big exchange that has a bts/btc pairing. You can count on one hand how much there and and draw conclusions.

Jonathan Bahai12:21:52 - 28 Apr 2019 [UTC]

xeroc

since you already know how significant the fees will be, why dont you tell us how they run their business?

The proposal to the community should be providing that as basic due diligence... who enters into a contract to serve its customers without knowing what it will cost them?

Fabian Schuh12:21:56 - 28 Apr 2019 [UTC]

if they wanted the general public to know which exchange they use, they would have written it on their page

bench12:22:08 - 28 Apr 2019 [UTC]

JBahai

I totally get you on this. Though until we are at the tipping point.. we need to use the horse and buggy.. at least until we have the roads for our formula 1 blockchains paved.

I agree here, wirex is a good network and maybe in the future they lunch their own card, without VISA. Getting listed on Wirex is a good sign for investores.

Fabian Schuh12:22:39 - 28 Apr 2019 [UTC]

JBahai

The proposal to the community should be providing that as basic due diligence... who enters into a contract to serve its customers without knowing what it will cost them?

i suppose you know what a listing at wurex usually costs

Fabian Schuh12:22:47 - 28 Apr 2019 [UTC]

probably you dont

Fabian Schuh12:23:07 - 28 Apr 2019 [UTC]

because if you did, you would see hiw much a discount the bbf has already managed to negotiate

Fabian Schuh12:23:26 - 28 Apr 2019 [UTC]

hint: the discount is way bigger than 30% on the listing fee already

Jonathan Bahai12:23:37 - 28 Apr 2019 [UTC]

xeroc

i suppose you know what a listing at wurex usually costs

Doesn't matter what I do or don't.. what we are talking about are the voters... sorry you see that as an opportunity to personally attack and insult me.

Fabian Schuh12:23:45 - 28 Apr 2019 [UTC]

if you guys now start bean counting, i guess we wibt get a CC listing evwr

Fabian Schuh12:24:08 - 28 Apr 2019 [UTC]

JBahai

Doesn't matter what I do or don't.. what we are talking about are the voters... sorry you see that as an opportunity to personally attack and insult me.

where was the personal insult?

Fabian Schuh12:28:29 - 28 Apr 2019 [UTC]

JBahai

Doesn't matter what I do or don't.. what we are talking about are the voters... sorry you see that as an opportunity to personally attack and insult me.

Sorry to hear you read my statements as insult, you may have read thr the wrong way.

bench12:31:12 - 28 Apr 2019 [UTC]

xeroc

because if you did, you would see hiw much a discount the bbf has already managed to negotiate

If I don't like VISA, the return of investment for listing on WIrex should overcompensate the fees in a very short time. At first I was against this, but Wirex has a good reputation and network, to make it a no brainer not supporting this.

Jane Smith12:32:04 - 28 Apr 2019 [UTC]

Inbox me for more info!!

Stefan12:33:27 - 28 Apr 2019 [UTC]

JBahai

How are the fees when using DAI?

Stefan12:35:30 - 28 Apr 2019 [UTC]

JBahai

The proposal to the community should be providing that as basic due diligence... who enters into a contract to serve its customers without knowing what it will cost them?

I agree here, and the question js valid. iirc that was not disclosed, I assume they want flexibility

Luang12:37:03 - 28 Apr 2019 [UTC]

sschiessl

I agree here, and the question js valid. iirc that was not disclosed, I assume they want flexibility

Absolutely

Luang12:37:15 - 28 Apr 2019 [UTC]

So what’s going on here ?

Thule12:38:12 - 28 Apr 2019 [UTC]

sschiessl

How are the fees when using DAI?

found this For 1 DAI you will get 0.87 EUR now on Wirex. If you will pay not in EUR where is 3% conversion fee. If you pay in EUR there is no additional fee. But there is a monthly 1.2 EUR fee. https://help.wirexapp.com/hc/en-us/articles/207870335-Wirex-fees Using this card several months and if works fine.

Luang12:38:33 - 28 Apr 2019 [UTC]

thuleeee

What’s this ??

Luang12:38:38 - 28 Apr 2019 [UTC]

This is your plan?

Stefan12:39:16 - 28 Apr 2019 [UTC]

luang50

Absolutely

Considering your second question, what did you agree too?

Thule12:39:29 - 28 Apr 2019 [UTC]

its EUR so the fee seems reasonable

Luang12:39:38 - 28 Apr 2019 [UTC]

sschiessl

Considering your second question, what did you agree too?

Which?

Luang12:39:50 - 28 Apr 2019 [UTC]

thuleeee

its EUR so the fee seems reasonable

You earn profit from here ?

Thule12:40:32 - 28 Apr 2019 [UTC]

no am just trying to figure out the real fee for DAI on wirex

Jonathan Bahai12:41:13 - 28 Apr 2019 [UTC]

If we are willing to drop nearly half a million dollars being on wirex.. have other options been considered? There are companies out there that provide services to setup businessees with these types of cards.. if we put together a design for how debt cards can use the dex it could be a franchise model for others to follow.. or maybe even crowdfund a dex version through the BFF or some new entity.

Crypto Kong12:41:40 - 28 Apr 2019 [UTC]

habibi7

Wirex use visa, u seem confused lol

Jonathan Bahai12:42:21 - 28 Apr 2019 [UTC]

could have the cards available for sale right from our trading interface.. have a refer program for users... just another opportunity

Luang12:42:46 - 28 Apr 2019 [UTC]

thuleeee

no am just trying to figure out the real fee for DAI on wirex

Okay

Fabian Schuh12:43:41 - 28 Apr 2019 [UTC]

JBahai

could have the cards available for sale right from our trading interface.. have a refer program for users... just another opportunity

and thats cheaper than a wirex listing?

Luang12:44:35 - 28 Apr 2019 [UTC]

That’s nice

bench12:45:44 - 28 Apr 2019 [UTC]

Cryptokong123

Wirex use visa, u seem confused lol

I don't like VISA, but the ROI is bigger than the costs of the worker. From the ethical view I am against this worker, but from the business/Wirex side I am for this worker, because we get FIAT bridges and more awareness.

Stefan12:46:20 - 28 Apr 2019 [UTC]

Doing it ourselves has an unknown timeline (personal expectation not before 10 month) and carries unknown risks, this is work I happily outsource as the first approach

Stefan12:46:51 - 28 Apr 2019 [UTC]

JBahai

I see that long term. Doing it ourselves has an unknown timeline (personal expectation not before 10 month) and carries unknown risks, this is work I happily outsource as the first approach

Jonathan Bahai12:47:54 - 28 Apr 2019 [UTC]

xeroc

and thats cheaper than a wirex listing?

there are MANY white label card issuing services out there... which is why I would suggest a consultant who knows the industry

Stefan12:48:06 - 28 Apr 2019 [UTC]

Btw a ref UI leveraging the main dapp (DEX) is coming through bitshares.exchange

Jonathan Bahai12:48:19 - 28 Apr 2019 [UTC]

sschiessl

I see that more long term. Doing it ourselves has an unknown timeline (personal expectation not before 10 month) and carries unknown risks, this is work I happily outsource as the first approach

Services out there make this process much faster than 10m

Sophia Abram12:48:31 - 28 Apr 2019 [UTC]

Hey!

Crypto Kong12:49:01 - 28 Apr 2019 [UTC]

Someone mentioned the wirex listing could lead to other opportunities... cant find the post now. What opportunities might they be?

Jonathan Bahai12:49:29 - 28 Apr 2019 [UTC]

CryptoSophia1

Hey!

Welcome... Sophia.. do you want a VISA to spend your Bitshares with?

Crypto Kong12:49:49 - 28 Apr 2019 [UTC]

sschiessl

Btw a ref UI leveraging the main dapp (DEX) is coming through bitshares.exchange

What does this mean?

Crypto Kong12:49:56 - 28 Apr 2019 [UTC]

JBahai

Welcome... Sophia.. do you want a VISA to spend your Bitshares with?

Lol

Stefan12:51:23 - 28 Apr 2019 [UTC]

Cryptokong123

What does this mean?

bitshares.org is intentionally not leveraging the DEX as main focus. Bbitshares.exchange landing page will

Jonathan Bahai12:52:46 - 28 Apr 2019 [UTC]

Cryptokong123

Someone mentioned the wirex listing could lead to other opportunities... cant find the post now. What opportunities might they be?

only thing I can imagine is just expanded use for BTS.. its a status symbol in crypto too I think... there maybe other cards to list with that could b cheaper.. this feels more like we are doing this becaue DAI did it.. Uquid could be another option perhaps.. new kid on the block

bench12:53:06 - 28 Apr 2019 [UTC]

Cryptokong123

Someone mentioned the wirex listing could lead to other opportunities... cant find the post now. What opportunities might they be?

Including bitAssets, a new Gateway on Bitshares

Luang12:53:06 - 28 Apr 2019 [UTC]

Is there any platform where I can invest my coins

Luang12:53:11 - 28 Apr 2019 [UTC]

Any legit platform

bench12:53:22 - 28 Apr 2019 [UTC]

Bitshares is legit

Luang12:53:26 - 28 Apr 2019 [UTC]

I work as an agent here in USA

Luang12:53:32 - 28 Apr 2019 [UTC]

I’m from China

Crypto Kong12:53:43 - 28 Apr 2019 [UTC]

sschiessl

bitshares.org is intentionally not leveraging the DEX as main focus but the platform, bitshares.exchange landing page will

I see cool, does that mean we will start working towards some other usecases?

Luang12:53:45 - 28 Apr 2019 [UTC]

Crypto has been bound in China long ago

Luang12:53:55 - 28 Apr 2019 [UTC]

Only few states are allowed to mine bitcoin

Jonathan Bahai12:54:00 - 28 Apr 2019 [UTC]

luang50

I work as an agent here in USA

fantastic... Bitshares is where you want to work from then.

Luang12:54:14 - 28 Apr 2019 [UTC]

I’ve been in the USA for 3 years now

Luang12:54:36 - 28 Apr 2019 [UTC]

Not bitshares

Sophia Abram12:54:44 - 28 Apr 2019 [UTC]

JBahai

Welcome... Sophia.. do you want a VISA to spend your Bitshares with?

Thanks my teen sis do.

Jonathan Bahai12:54:47 - 28 Apr 2019 [UTC]

Bitshares has no borders.. so you can transact with your China counterparts effortlessly

Luang12:54:49 - 28 Apr 2019 [UTC]

JBahai

fantastic... Bitshares is where you want to work from then.

I work in libertytrade platform

Sophia Abram12:54:56 - 28 Apr 2019 [UTC]

Welcome to CryptoSophia, Inc. _Reliable & trusted Crypto trader in the Bronx! Investor and Freelancer!_ Let's deal if you have Bitcoin for sale 💱 My rate is very Good always! With PayPal, Skrill, Neteller, WU, MG. Bitcoin is the greatest treasure you can ever own! 😍 🤦‍ chat me up if you have for sale https://t.me/CryptoSophia1

Luang12:55:09 - 28 Apr 2019 [UTC]

JBahai

Bitshares has no borders.. so you can transact with your China counterparts effortlessly

Send me the link

Jonathan Bahai12:55:21 - 28 Apr 2019 [UTC]

luang50

Send me the link

start at bitshares.org

Luang12:55:34 - 28 Apr 2019 [UTC]

JBahai

start at bitshares.org

How much am I gonna invest ?

Andrey Semenov12:56:08 - 28 Apr 2019 [UTC]

Poll - BSIP59 - Reduce MSSR of bitUSD to 1.02 (Not Active) - When back to 1.1?

Jonathan Bahai12:56:10 - 28 Apr 2019 [UTC]

CryptoSophia1

Thanks my teen sis do.

well thats exciting.. what does your teen sis know about Bitshares?

Luang12:56:25 - 28 Apr 2019 [UTC]

And how much will be earning?

Jonathan Bahai12:56:47 - 28 Apr 2019 [UTC]

luang50

And how much will be earning?

All depends how well you trade.. are you looking to mine though?

Luang12:57:21 - 28 Apr 2019 [UTC]

JBahai

Lolz

Luang12:57:25 - 28 Apr 2019 [UTC]

JBahai

All depends how well you trade.. are you looking to mine though?

Okay

Luang12:57:32 - 28 Apr 2019 [UTC]

That’s nice

Luang12:57:46 - 28 Apr 2019 [UTC]

I receive $180 daily but still want more platform to invest my coins

Jonathan Bahai12:58:46 - 28 Apr 2019 [UTC]

luang50

I receive $180 daily but still want more platform to invest my coins

Sounds like you are looking for dividends for staking coins.. something like that?

Luang12:58:51 - 28 Apr 2019 [UTC]

I’ll try bitshares

Luang12:59:23 - 28 Apr 2019 [UTC]

JBahai

Sounds like you are looking for dividends for staking coins.. something like that?

Yeah

Luang12:59:34 - 28 Apr 2019 [UTC]

JBahai

Sounds like you are looking for dividends for staking coins.. something like that?

Nobody knows the best platform

Luang12:59:40 - 28 Apr 2019 [UTC]

Full of scammers

Luang13:00:11 - 28 Apr 2019 [UTC]

JBahai

Sounds like you are looking for dividends for staking coins.. something like that?

I have 2.7 in my xcryptocloud wallet account

Luang13:00:24 - 28 Apr 2019 [UTC]

And they’ll requesting for 0.01 to take it out

Luang13:00:31 - 28 Apr 2019 [UTC]

That’s a big fuck my friend

Luang13:00:35 - 28 Apr 2019 [UTC]

Fucking company

Luang13:00:43 - 28 Apr 2019 [UTC]

I’ll try bitshares

Luang13:00:46 - 28 Apr 2019 [UTC]

Hope it’s legit ?

Stefan13:01:45 - 28 Apr 2019 [UTC]

CryptoBridge offer staking for profit sharing on bitshares, bitshares blockchain itself does not offer that directly, merely referral rewards program

Luang13:02:11 - 28 Apr 2019 [UTC]

sschiessl

CryptoBridge offer staking for profit sharing on bitshares, bitshares blockchain itself does not offer that directly, merely referral rewards program

If am gonna start

Jonathan Bahai13:02:20 - 28 Apr 2019 [UTC]

Re bitusd.. if we incorporate some of Dan's suggestions I would right now be recommending to Luang here to buy bitusd and bitcny and he would then be able to earn from all the trading fees as a maker growing his collateral. To me this is a very easy value proposition for many to enter into... vs. Now where he is going to have to very skillfully trade and take a much bigger risk. Just leaving this thought for everyone to consider.

Luang13:02:25 - 28 Apr 2019 [UTC]

They gonna request for identifications like my ID card and others ??

Luang13:03:12 - 28 Apr 2019 [UTC]

JBahai

Ooooh nice

Luang13:03:24 - 28 Apr 2019 [UTC]

JBahai

You work in bitshares company ?

Jonathan Bahai13:03:47 - 28 Apr 2019 [UTC]

luang50

Ooooh nice

It would be.. yes.. but it doesnt exist yet.. just a proposed design

Luang13:04:04 - 28 Apr 2019 [UTC]

JBahai

It would be.. yes.. but it doesnt exist yet.. just a proposed design

Okay

Luang13:04:17 - 28 Apr 2019 [UTC]

+15593777176

Jonathan Bahai13:04:18 - 28 Apr 2019 [UTC]

luang50

You work in bitshares company ?

Bitshares is a dac.. decentralized autonomous collective

Luang13:04:46 - 28 Apr 2019 [UTC]

JBahai

Bitshares is a dac.. decentralized autonomous collective

You can give me a call

Luang13:04:59 - 28 Apr 2019 [UTC]

JBahai

Bitshares is a dac.. decentralized autonomous collective

Wow

Jonathan Bahai13:05:13 - 28 Apr 2019 [UTC]

luang50

Ooooh nice

There is some good market feedback from just one random visitor.. get 50 more and then build it.

Luang13:05:18 - 28 Apr 2019 [UTC]

JBahai

It would be.. yes.. but it doesnt exist yet.. just a proposed design

How long this company have been running ?

Jonathan Bahai13:06:35 - 28 Apr 2019 [UTC]

luang50

How long this company have been running ?

Bitshares started in 2014

Jonathan Bahai13:07:01 - 28 Apr 2019 [UTC]

It's the longest public blockchain in history

Luang13:08:56 - 28 Apr 2019 [UTC]

Okay

Luang13:11:21 - 28 Apr 2019 [UTC]

Luang13:11:44 - 28 Apr 2019 [UTC]

Holly15:18:20 - 28 Apr 2019 [UTC]

https://youtu.be/CazxbMXLMFM

kenCode15:21:46 - 28 Apr 2019 [UTC]

matle85

Let's get Wirex done, it can be up and running by Christmas and we can all be toasting with some mulled wine we paid for with out BTS via visa card

yeah, getting BTS onto the Wirex card is a huge deal, i fully support this. as crypto gets more adoption, their fee is only going to go UP.

kenCode15:31:10 - 28 Apr 2019 [UTC]

xeroc

Bancor still needs to prove itself. Dan also loved bitassets, then he loved steem dollars ...

^^ this ^^ bytemaster has awesome ideas, but he is not God.

Lofty Paul15:31:23 - 28 Apr 2019 [UTC]

Hello

Jonathan Bahai15:32:53 - 28 Apr 2019 [UTC]

kenCode

^^ this ^^ bytemaster has awesome ideas, but he is not God.

Exactly... which is why through everything learned and new experiences he has come up with a new design vs. the current one we use which is 5yrs old now and has proven lacking.

John 15:45:23 - 28 Apr 2019 [UTC]

kenCode

yeah, getting BTS onto the Wirex card is a huge deal, i fully support this. as crypto gets more adoption, their fee is only going to go UP.

Problem is people spend in currency, not equity

kenCode15:45:37 - 28 Apr 2019 [UTC]

George_Bitspark

thats not how it works.... 😄 regulation != mass adoption.

exaaaaaactly 💪🏼💪🏼

funkit 🐝💋🍯15:58:59 - 28 Apr 2019 [UTC]

I think the current design is good given there is enough demand. Without demand it is open for all kinds of different scenarios. That’s why I stress use of usd etc. for the various off ramp solutions, Wirex being one of them. I also presented a savings/trading bot solution some weeks ago to spawn more activity. It can be read here: https://wls.fintehru.org/bitshares/@funkit/bitshares-equilibrium-smartcoins-on-steroids Even Dan acknowledges demand as a key factor for any stable coin derivative to be viable. And not excluding other ideas, creating demand in a fun, easy to configure bot is a simple way to harden the current infrastructure without too much experimentation.

Fabian Schuh15:59:21 - 28 Apr 2019 [UTC]

Its worth noting that bitassets today have advanced a bit since dan left. He didnt think of how to recover from GS, BSIP18 introduced that, he also didnt allow a variable, dynamic MCR, upgrade to 3.0.0 enabled that. It remains to be seen what effect that will have

Jonathan Bahai16:01:37 - 28 Apr 2019 [UTC]

Speaking of Dan.. he updated the article with more clarifications: https://medium.com/@bytemaster/high-liquidity-price-pegged-token-algorithm-d86d71188162

funkit 🐝💋🍯16:03:09 - 28 Apr 2019 [UTC]

xeroc

Btw, I can’t get to my log file. Can you please look into it tomorrow?

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kenCode16:34:11 - 28 Apr 2019 [UTC]

habibi7

I don't like VISA, but the ROI is bigger than the costs of this worker. From the ethical view I am against this worker, but from the business/Wirex side I am for this worker, because we get FIAT bridges, more awareness and use cases.

exactly, the high price gets you millions of eyeballs on bitshares. getting BTS onto te wirex cards is about the network effect. i am against what credit card companies are all about too, but as long as those companies are alive, you can use them to your benefit in the meantime. there's a bit of sun tzu in there.

Channel_Bot16:36:23 - 28 Apr 2019 [UTC]

bench16:36:41 - 28 Apr 2019 [UTC]

kenCode

how much votes does the worker need to geta active ?

Thule16:39:41 - 28 Apr 2019 [UTC]

habibi7

how much votes does the worker need to get active ?

350m

bench16:43:08 - 28 Apr 2019 [UTC]

thuleeee

350m

why are so much votes missing ?

Thule16:43:24 - 28 Apr 2019 [UTC]

we got arround 180m

bench16:45:04 - 28 Apr 2019 [UTC]

Is this working https://uquid.com/altcoin-debit-card/bitshares-debit-card ?

kenCode16:45:12 - 28 Apr 2019 [UTC]

habibi7

how much votes does the worker need to get active ?

the Wirex Worker id is 1.14.183 http://bts.ai/worker 👍🏼👍🏼👍🏼👍🏼👍🏼👍🏼

Thule16:47:37 - 28 Apr 2019 [UTC]

beos playin again with witnesses

Agent X16:53:51 - 28 Apr 2019 [UTC]

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kenCode16:58:42 - 28 Apr 2019 [UTC]

thuleeee

beos playin again with witnesses

Thule16:59:19 - 28 Apr 2019 [UTC]

we are back to 19 activ witnesses.......yao and openledger out currently

Alex M - clockwork17:09:20 - 28 Apr 2019 [UTC]

Yao out?

Alex M - clockwork17:09:44 - 28 Apr 2019 [UTC]

That's silly :/

Luigi17:24:33 - 28 Apr 2019 [UTC]

clockworkgr

Yao out?

Ehilà , can I ask if the new daniel’s stablecoin will have something to do whit Bitshares ?

funkit 🐝💋🍯17:27:30 - 28 Apr 2019 [UTC]

Cryptoanarky

Ehilà , can I ask if the new daniel’s stablecoin will have something to do whit Bitshares ?

No, not yet.

Love Baby...17:29:29 - 28 Apr 2019 [UTC]

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Luigi17:30:11 - 28 Apr 2019 [UTC]

funkit

No, not yet.

Thanks. What do you mean with yet?

funkit 🐝💋🍯17:31:22 - 28 Apr 2019 [UTC]

We discuss what to do with the stable coins almost every day. And Dan's thoughts are some of them.

Luigi17:50:04 - 28 Apr 2019 [UTC]

funkit

We discuss what to do with the stable coins almost every day. And Dan's thoughts are some of topics.

👍🏻

funkit 🐝💋🍯18:03:49 - 28 Apr 2019 [UTC]

clockworkgr

That's silly :/

The silly part being people still send coins to BEOS. Soon the entire network can be run out of one database, no delegates needed.

funkit 🐝💋🍯18:13:45 - 28 Apr 2019 [UTC]

clockworkgr

That's silly :/

The silly part being people still send coins to BEOS. Soon the entire network can be run out of one database, no delegates needed

funkit 🐝💋🍯18:15:47 - 28 Apr 2019 [UTC]

clockworkgr

That's silly :/

The silly part being people still send coins to BEOS. Soon the entire network can be run out of one database, no delegates needed

funkit 🐝💋🍯18:16:37 - 28 Apr 2019 [UTC]

clockworkgr

That's silly :/

The silly part being people still send coins to BEOS. Soon the entire network can be run out of one database, no delegates needed

Stefan18:45:32 - 28 Apr 2019 [UTC]

@Cryptokong123 You asked about the academic research, this thread here https://bitsharestalk.org/index.php?topic=28340.msg329635;

Jonathan Bahai18:49:10 - 28 Apr 2019 [UTC]

sschiessl

@Cryptokong123 You asked about the academic research, this thread here https://bitsharestalk.org/index.php?topic=28340.msg329635;

I'm eager to see his response to abit.. he pretty much covered my main questions

Peryn ☀️18:58:01 - 28 Apr 2019 [UTC]

hi all. Why not do it in Bitshara, so that when a margin trading company is reached, it takes -10-15% and is placed in a fund, from which they then encourage those who close the margin?

Ben Robert19:05:48 - 28 Apr 2019 [UTC]

Who is in United states here and has a blockchain free money for you

Crypto Kong19:10:51 - 28 Apr 2019 [UTC]

sschiessl

@Cryptokong123 You asked about the academic research, this thread here is one https://bitsharestalk.org/index.php?topic=28340.msg329635;

thankyou

Vishal Jha19:44:18 - 28 Apr 2019 [UTC]

Hii if anyone is interested in bitcoin mining pm me

Daniel Schwarz (liondani)20:00:08 - 28 Apr 2019 [UTC]

Cryptokong123

just read the wirex crypto terms and conditions, seems like they dont actually hold any crypto they just use an exchange, so your at the mercy of that exchange i guess

And how do I keep all coins in their app? That doesn't make sense... EXCEPT they do it unofficial and they provide publicly only the exchange transactions ...

Crypto Kong20:11:46 - 28 Apr 2019 [UTC]

liondani

And how do I keep all coins in their app? That doesn't make sense... EXCEPT they do it unofficial and they provide publicly only the exchange transactions ...

your "coins" are held in an exchange wallet

Crypto Kong20:12:03 - 28 Apr 2019 [UTC]

you are just given a credit on their website

Daniel Schwarz (liondani)20:12:09 - 28 Apr 2019 [UTC]

xeroc

thing is .. let the market decide which one of them is better beforr proposing to change bitassets ..

Tether has the biggest market... Doesn't mean we must copy their "stable" coin... We just need to copy their "marketing"....

Crypto Kong20:12:13 - 28 Apr 2019 [UTC]

just like if you used a cex

Crypto Kong20:12:53 - 28 Apr 2019 [UTC]

basically if you send your coins to wirex they arent your coins

Crypto Kong20:13:16 - 28 Apr 2019 [UTC]

not your keys not your crypto and all that

Daniel Schwarz (liondani)20:14:56 - 28 Apr 2019 [UTC]

Cryptokong123

your "coins" are held in an exchange wallet

Thats ok, anyone should feed his card when he needs to use it... Like using CEX only when needing to exchange and not for storage of their coins...

Crypto Kong20:16:52 - 28 Apr 2019 [UTC]

liondani

Thats ok, anyone should feed his card when he needs to use it... Like using CEX only when needing to exchange and not for storage of their coins...

kinda defeats the object of having an easy access card but yeah i see your point, just leave a small amount on for small purchases if thats what you want to do

Thule20:16:56 - 28 Apr 2019 [UTC]

liondani

Tether has the biggest market... Doesn't mean we must copy their "stable" coin... We just need to copy their "marketing"....

being a cooperation with rothschild? :D :D :D

R20:20:07 - 28 Apr 2019 [UTC]

liondani

Tether has the biggest market... Doesn't mean we must copy their "stable" coin... We just need to copy their "marketing"....

Biggest collateral deficit perhaps. 😂

Crypto Kong20:20:20 - 28 Apr 2019 [UTC]

lol

Jonathan Bahai20:20:22 - 28 Apr 2019 [UTC]

liondani

Tether has the biggest market... Doesn't mean we must copy their "stable" coin... We just need to copy their "marketing"....

I dont think Ive seen anything extrodinary about their marketing.. their adoption was largely due to first mover.. now others are on the rise.. and many exchanges are accepting many of them.. they could accept bitUSD also if it was better supported and acted like a stable coin instead of a tradable asset

Thule20:21:07 - 28 Apr 2019 [UTC]

JBahai

you would first need a legal opinion about these coins

Thule20:21:25 - 28 Apr 2019 [UTC]

no big exchange is going to touch it without an opinion letter

Crypto Kong20:22:01 - 28 Apr 2019 [UTC]

and then theres not enough available

Crypto Kong20:22:57 - 28 Apr 2019 [UTC]

I mean they could create their own but why put down twice the amount of collateral as required of from other stablecoins

Crypto Kong20:23:54 - 28 Apr 2019 [UTC]

bitUSD makes zero sense from a business point of view

Thule20:24:09 - 28 Apr 2019 [UTC]

Cryptokong123

I mean they could create their own but why put down twice the amount of collateral as required of from other stablecoins

yes i also wrote about it in the forum that we would need a fund which would create these assets to forward them to the exchange which makes the mm or sell a massiv amount of BTS to provide that liquidity there

Crypto Kong20:24:26 - 28 Apr 2019 [UTC]

thuleeee

yep exactly

Crypto Kong20:24:36 - 28 Apr 2019 [UTC]

unless there was an incentive for people to create them

Crypto Kong20:25:37 - 28 Apr 2019 [UTC]

which would make far more sense than our decentralised assets supply being under central control

Mathew20:26:33 - 28 Apr 2019 [UTC]

Cryptokong123

unless there was an incentive for people to create them

👆👆

Crypto Kong20:27:10 - 28 Apr 2019 [UTC]

at the end of the day providing liquidity is a service, we are gonna have to pay for it one way or another.

Crypto Kong20:27:20 - 28 Apr 2019 [UTC]

if we dont, its not gonna happen

Crypto Kong20:28:41 - 28 Apr 2019 [UTC]

Cryptokong123

I mean they could create their own but why put down twice the amount of collateral as required of from other stablecoins

this isnt even realistic, for a business to create a safe position they would likely need x5 or x10 collateral as required of other stablecoins

Crypto Kong20:29:26 - 28 Apr 2019 [UTC]

so we need to incentivies the creation of liquidity so that they can buy 1bitUSD for $1 on the market

Crypto Kong20:32:20 - 28 Apr 2019 [UTC]

at the mo you can buy about 600bitUSD with 4% slippage

Crypto Kong20:32:40 - 28 Apr 2019 [UTC]

bitUSD is not even worth mentioning

Crypto Kong20:32:53 - 28 Apr 2019 [UTC]

its not in the same league as the likes of tether

Crypto Kong20:32:58 - 28 Apr 2019 [UTC]

its basically useless

Crypto Kong20:35:49 - 28 Apr 2019 [UTC]

but who knows maybe liquidity will just magically appear, maybe some whale will just wake up one day and think you know what, im gonna risk millions of my own money just to create some bitUSD for the love of bitshares

Thule20:36:29 - 28 Apr 2019 [UTC]

to increase new debt there are currently only 2 possibilities 1.increase price of BTS 2.Find new investors buying BTS and creating debt

Crypto Kong20:37:33 - 28 Apr 2019 [UTC]

both of those rely on people gambling on price of bts going up, sturdy foundations...

Crypto Kong20:37:58 - 28 Apr 2019 [UTC]

number 3... is what we need to start taking seriously

Crypto Kong20:39:13 - 28 Apr 2019 [UTC]

the other benefit of incentivising liquidity creation is that it allows for a healthier means of creating liquidity. ie: not just based on gambling

Thule20:42:35 - 28 Apr 2019 [UTC]

this night will be very interresting from a trading point of view

Crypto Kong20:43:14 - 28 Apr 2019 [UTC]

thuleeee

this night will be very interresting from a trading point of view

why? did you open a reckless margin position? 😜

funkit 🐝💋🍯20:43:58 - 28 Apr 2019 [UTC]

Cryptokong123

I do it all the time. And guess what? It works.

Thule20:44:11 - 28 Apr 2019 [UTC]

two emas might cross when weekly candle closes at 12 pm which caused in the past always a big dump in the following 7 days

Crypto Kong20:44:41 - 28 Apr 2019 [UTC]

funkit

I do it all the time. And guess what? It works.

well theres only one funkit... find another million and we might have enough liquidity

funkit 🐝💋🍯20:46:06 - 28 Apr 2019 [UTC]

Cryptokong123

well theres only one funkit... find another million and we might have enough liquidity

Send the money to my donations account and I will make them grow.

Crypto Kong20:46:12 - 28 Apr 2019 [UTC]

lol

Crypto Kong20:47:30 - 28 Apr 2019 [UTC]

I personally will never create bitUSD again unless something is done to incentivise it, Ive done it before, got stung in GS and now just think what is the point really? why should I risk my funds? Its pointless

Crypto Kong20:48:49 - 28 Apr 2019 [UTC]

I mean even if i wanted to gamble, I could borrow bitusd, sell it for bts... then what? maybe not be able to close my position cos of the shit liquidity>

Thule20:50:02 - 28 Apr 2019 [UTC]

Cryptokong123

I mean even if i wanted to gamble, I could borrow bitusd, sell it for bts... then what? maybe not be able to close my position cos of the shit liquidity?

thats the main issue for bitshares in a downtrend.....people hording these assets

Thule20:50:31 - 28 Apr 2019 [UTC]

maybe negative interest on bitusd 😜 to force people to use them haha

Crypto Kong20:50:44 - 28 Apr 2019 [UTC]

yup, incentives should happen automatically on chain for people with open margin positions and orders on the books

Crypto Kong20:51:18 - 28 Apr 2019 [UTC]

higher the ratio, the better the incentive

Crypto Kong20:51:36 - 28 Apr 2019 [UTC]

closer the order to feed price, the better the incentive

Crypto Kong20:52:40 - 28 Apr 2019 [UTC]

thuleeee

maybe negative interest on bitusd 😜 to force people to use them haha

did the IMF hack your account? lol

funkit 🐝💋🍯20:52:50 - 28 Apr 2019 [UTC]

To be honest, I don't see how incentives would stop the senseless use of short positions. If anything, I think it would be worse.

Crypto Kong20:53:53 - 28 Apr 2019 [UTC]

funkit

To be honest, I don't see how incentives would stop the senseless use of short positions. If anything, I think it would be worse.

it probably wouldnt stop the reckless positions

Crypto Kong20:54:04 - 28 Apr 2019 [UTC]

but it would incentivise safer positions

Crypto Kong20:54:15 - 28 Apr 2019 [UTC]

ie: only paid out on minimum x5 collateral ratios

Crypto Kong20:54:57 - 28 Apr 2019 [UTC]

liquidity at the mo is a side affect of the margin trading

funkit 🐝💋🍯20:54:59 - 28 Apr 2019 [UTC]

That would be the only way

funkit 🐝💋🍯20:55:30 - 28 Apr 2019 [UTC]

Still 5x isn't much in crypto.

Crypto Kong20:55:41 - 28 Apr 2019 [UTC]

agreed

Crypto Kong20:56:04 - 28 Apr 2019 [UTC]

parameters would need a lot of discussion, just chucking random numbers out at the mo

funkit 🐝💋🍯20:56:39 - 28 Apr 2019 [UTC]

My USD position that was lost in the global settlement had a call price of 25-30

Crypto Kong20:58:08 - 28 Apr 2019 [UTC]

yup for people like yourself that GS was a proper kick in the balls

funkit 🐝💋🍯20:58:43 - 28 Apr 2019 [UTC]

And to be fair, the GS would be more sensible if the undercollateralised positions was settled in a staged manner.

Crypto Kong20:59:39 - 28 Apr 2019 [UTC]

absolutley

Thule21:00:21 - 28 Apr 2019 [UTC]

GS should never happen.Lot of people had a major loss because their margins have been dragged down from 1.75 to 1.1 .Its like a total loss. Had cost bitshares a lot of members

Crypto Kong21:00:50 - 28 Apr 2019 [UTC]

cost bitshares a lot of liquidity providers

Thule21:01:16 - 28 Apr 2019 [UTC]

yes .....they were all debt holders=liquidity providers

Crypto Kong21:01:27 - 28 Apr 2019 [UTC]

yup

Crypto Kong21:04:35 - 28 Apr 2019 [UTC]

well anyway... I know the devs have a lot on their plate but I hope people take notice of this discussion. Liquidity isnt just gonna create itself, we need to do something about it. If we dont, we might aswell forget about bitUSD.

kenCode21:26:09 - 28 Apr 2019 [UTC]

Cryptokong123

💪💪

Daniel Larimer21:26:41 - 28 Apr 2019 [UTC]

Example code for pegged token: https://github.com/bytemaster/pex

Alex M - clockwork21:30:46 - 28 Apr 2019 [UTC]

favdesu

Example code for pegged token: https://github.com/bytemaster/pex

Love how Dan seems completely unaware of bsip18 and possibility of bitassets revival

kenCode21:33:20 - 28 Apr 2019 [UTC]

clockworkgr

Love how Dan seems completely unaware of bsip18 and possibility of bitassets revival

is bancor paying him or something?

fav21:34:47 - 28 Apr 2019 [UTC]

I'm not a big fan on bancor, and I doubt it'll incentivize creation of stablecoins that way

kenCode21:36:16 - 28 Apr 2019 [UTC]

clockworkgr

Love how Dan seems completely unaware of bsip18 and possibility of bitassets revival

Stan too, no? He says he wants to adopt Dan's new smartcoin technology.

Alex M - clockwork21:37:03 - 28 Apr 2019 [UTC]

@daniellarimer read through your stablecoin article and github repo...just wanna point out that peg is not permanently broken on bitasset global settlement anymore and revival happens automatically

Alex M - clockwork21:37:03 - 28 Apr 2019 [UTC]

nice... I had not followed the latest

kenCode21:37:55 - 28 Apr 2019 [UTC]

clockworkgr

nice... I had not followed the latest

niiice 💪

Alex M - clockwork21:38:44 - 28 Apr 2019 [UTC]

Latest-> 2years ago

Alex M - clockwork21:38:49 - 28 Apr 2019 [UTC]

But sure

kenCode21:39:44 - 28 Apr 2019 [UTC]

lol

kenCode21:46:24 - 28 Apr 2019 [UTC]

Bitshares rocks.

nick21:52:46 - 28 Apr 2019 [UTC]

Hello, I've been searching for the link for Bitspark and I can't find it, does anyone here have it? Thank you 😊

FarmerD21:57:56 - 28 Apr 2019 [UTC]

xeroc

☝️😊 this, I agree

FarmerD21:58:17 - 28 Apr 2019 [UTC]

t.me/sparkdexofficial

FarmerD21:58:38 - 28 Apr 2019 [UTC]

nick429

Hello, I've been searching for the link for Bitspark telegram group and I can't find it, does anyone here have it? Thank you 😊

☝️😊here you go

nick21:58:52 - 28 Apr 2019 [UTC]

FarmerD

☝️😊here you go

Thank you so much 😊

funkit 🐝💋🍯21:59:36 - 28 Apr 2019 [UTC]

Cryptokong123

I think the problem arise when you apply magical thinking that you can watch in this video from 1:08 https://vimeo.com/220235370 That is some bad advice right there.

Thule22:00:48 - 28 Apr 2019 [UTC]

is it no more possible to make a withdrawl request for OPEN.USDT from bitshares UI ?

Jonathan Bahai22:06:34 - 28 Apr 2019 [UTC]

Cryptokong123

Agree with most of what you said on this subject

funkit 🐝💋🍯22:16:12 - 28 Apr 2019 [UTC]

Cryptokong123

I think the problem arise when you apply magical thinking that you can watch in this video from 1:08 https://vimeo.com/220235370 That is some bad advice right there.

John 22:31:06 - 28 Apr 2019 [UTC]

xeroc

tell that to those that are shooting for listing a potential security token (bitcny/bitusd) an a visa card ...

to be fair, bts is as much a "potential security token" as bitcny/bitusd. Opinion letter or otherwise.

Teiva22:31:59 - 28 Apr 2019 [UTC]

clockworkgr

Latest-> 2years ago

Well actually tested live a few weeks ago (bitUSD revival)

John 22:33:01 - 28 Apr 2019 [UTC]

xeroc

funny how people would throw any resource on whatever dan says but would spend money on academic research :/

throwing resources rarely wise! I don't think the solution Dan mentioned is appropriate for BTS anyway. 4x collateral would grind usd to a halt.

Teiva22:34:03 - 28 Apr 2019 [UTC]

xeroc

is BEOS voter going to vote for this proposal ? I think Wirex is the finest service since vircurex

John 22:34:07 - 28 Apr 2019 [UTC]

The research is more wisely spent of course @xeroc there should also be ample conversation about how BTS DAC can make good on it's funding commitments.

funkit 🐝💋🍯22:41:53 - 28 Apr 2019 [UTC]

Teiva

is BEOS voter going to vote for this proposal ? I think Wirex is the finest service since vircurex

Best way to get your say is to keep your BTS where they belong and vote.

Mick22:45:19 - 28 Apr 2019 [UTC]

Cryptokong123

number 3... is what we need to start taking seriously

👌

Once Uponatime22:46:10 - 28 Apr 2019 [UTC]

Teiva

is BEOS voter going to vote for this proposal ? I think Wirex is the finest service since vircurex

BEOS has not yet made a decision. The proposal does not have the backing of Fav, who is kencode's proxy (of whom Ken is very proud). So we are waiting to see if Ken convinces his proxy to vote for the proposal. And we need the input of theChinese proxies.They may not support the worker. The Chinese may not want to spend that kind of money on something they feel they cannot use.

funkit 🐝💋🍯23:00:37 - 28 Apr 2019 [UTC]

Withdraw from BEOS is highly recommended in other words. Since it essentially is the same as voting for fav, according to @onceponatime

Teiva23:03:32 - 28 Apr 2019 [UTC]

Would it be possible to provide liquidity to SmartCoins building a BitFUTURES market ?

Once Uponatime23:05:55 - 28 Apr 2019 [UTC]

funkit

Withdraw from BEOS is highly recommended in other words. Since it essentially is the same as voting for fav, according to @onceponatime

That's not what i said. I said BEOS has not decided yet. And as I see it, the discussion of merits of the project is ongoing and has not had input from the Chines proxies yet.

funkit 🐝💋🍯23:07:19 - 28 Apr 2019 [UTC]

That is exactly what you implied.

funkit 🐝💋🍯23:09:59 - 28 Apr 2019 [UTC]

It’s a bad idea anyway with the sock puppets BEOS forces upon us.

Once Uponatime23:11:25 - 28 Apr 2019 [UTC]

funkit

That is exactly what you implied.

I implied that I want to see kencode attempt to convince Fav of the merits of the proposal, if that is what you are alluding to. That will be a worthy debate, no? And we haven't heard from the Chinese yet. We don't want to alienate half the community, so let's hear their perspective.

funkit 🐝💋🍯23:12:06 - 28 Apr 2019 [UTC]

You don’t need to.

funkit 🐝💋🍯23:15:11 - 28 Apr 2019 [UTC]

Regarding fav, he had some comments regarding that worker earlier today which made a lot more sense than your usual straw arguments

Thule23:18:37 - 28 Apr 2019 [UTC]

onceponatime

any reason you reduced again witnesses to 19 ?

Jonathan Bahai23:18:45 - 28 Apr 2019 [UTC]

funkit

It’s a bad idea anyway with the sock puppets BEOS forces upon us.

No discussion regarding the merits of beos here please.. updates as they relate to bitshares is acceptable.. voting on proposals clearly does. Everything else should go to @officialbeos

funkit 🐝💋🍯23:19:13 - 28 Apr 2019 [UTC]

I’m banned there.

Jonathan Bahai23:20:32 - 28 Apr 2019 [UTC]

funkit

I’m banned there.

I'm sure you will find other ways.. just not here.. thanks.

funkit 🐝💋🍯23:20:40 - 28 Apr 2019 [UTC]

Censorship starts with BEOS. There is no doubt about it.

Jonathan Bahai23:21:21 - 28 Apr 2019 [UTC]

funkit

Censorship starts with BEOS. There is no doubt about it.

Final warning

funkit 🐝💋🍯23:22:10 - 28 Apr 2019 [UTC]

Can’t you just delete me like you usually do?

FarmerD23:37:16 - 28 Apr 2019 [UTC]

Battle of the admins ☝️😆 can admin ban admin 🤷‍♂️?

Jonathan Bahai23:45:12 - 28 Apr 2019 [UTC]

FarmerD

Battle of the admins ☝️😆 can admin ban admin 🤷‍♂️?

Rules are pinned.. admins have to follow them also.

Jonathan Bahai23:45:43 - 28 Apr 2019 [UTC]

Otherwise you create a toxic environment.. not good for community

funkit 🐝💋🍯23:46:14 - 28 Apr 2019 [UTC]

Look who is talking.

Jonathan Bahai23:47:00 - 28 Apr 2019 [UTC]

Exactly

Thule23:48:18 - 28 Apr 2019 [UTC]

any reason why BEOS reduced again witnesses to 19 ?

R00:48:43 - 29 Apr 2019 [UTC]

thuleeee

any reason why BEOS reduced again witnesses to 19 ?

Ask them in their channel

Tumor 🚀00:49:47 - 29 Apr 2019 [UTC]

thuleeee

any reason why BEOS reduced again witnesses to 19 ?

😩😩😩

funkit 🐝💋🍯02:26:22 - 29 Apr 2019 [UTC]

thuleeee

any reason why BEOS reduced again witnesses to 19 ?

Probably to make it easier to replace reliable delegates with their own. Just like they vote in sock puppets in the committee. There is a good medicine against it and it is to remove all bitshares from custodial wallets, ANY custodial wallets. Start taking responsibility and vote for witnesses that don’t miss blocks all the time, contributes to test net, api nodes and provide price feeds that are sensible. Vote in committee members who actually do something other than spreading fud and are willing to get their hands dirty for the ‘shares. Vote on your favourite workers. Remember they are dependent on the votes to get paid. If all that sounded difficult, there are people who do this for you called proxies. From the top of my head, I think any of the following proxies will safeguard bitshares as an open, public network: -xeroc -xanoxt -blckchnd -fav There are others too. You can proxy to anybody who do a good job voting and you trust. Bitshares is under attack and has been since April 9. And the sooner you realize this, the better.

Stan Larimer03:24:19 - 29 Apr 2019 [UTC]

Of course, if you like and appreciate the fact that the original founders of bitshares are working to bring all the technology they've developed and are developing back to benefit

Vishal Jha04:50:02 - 29 Apr 2019 [UTC]

Hii if anyone is interested in bitcoin mining or trading pm me....

Jay05:57:46 - 29 Apr 2019 [UTC]

hello here someone is working with FX TRADING.

vianull06:02:54 - 29 Apr 2019 [UTC]

bts.ai has added HTLC support http://bts.ai/u/were2019

Alex M - clockwork06:07:09 - 29 Apr 2019 [UTC]

Teiva

Well actually tested live a few weeks ago (bitUSD revival)

No...before that on bitsilver and on many smaller assets

Stefan06:22:37 - 29 Apr 2019 [UTC]

vianull

bts.ai has added HTLC support http://bts.ai/u/were2019

Added in UI?

vianull07:33:24 - 29 Apr 2019 [UTC]

Yes just like the link above.

vianull07:34:07 - 29 Apr 2019 [UTC]

We may add other HTLC functions recently

tbone08:40:32 - 29 Apr 2019 [UTC]

Cryptokong123

basically if you send your coins to wirex they arent your coins

yes, but you wouldn't send much value and just leave it there. it should be viewed as an on/off ramp. bitshares needs more of those if it wants to become more widely adopted

tbone08:42:40 - 29 Apr 2019 [UTC]

having more on-ramps is good not only from a practical standpoint, but also from a marketing/perception standpoint

tbone08:45:12 - 29 Apr 2019 [UTC]

and while of course it would be more ideal if Wirex would integrate bitAssets, i imagine that will become less likely if we don't take this first step

tbone08:50:34 - 29 Apr 2019 [UTC]

JBahai

going that route should wait until there is much more regulatory clarity. in the meantime, Wirex has proven that it can navigate treacherous waters

Sophia09:06:31 - 29 Apr 2019 [UTC]

**Let's deal if you have Bitcoin for sale** 💱 My rate is very Good! ... _4 Payment method Available._ __Reliable Crypto trader in the Bronx NY!__ Send your BTC to.. **CryptoSophia!** Telegram_> https://t. me/CryptoSophia1

Sophia09:08:01 - 29 Apr 2019 [UTC]

Varun Goyal09:18:50 - 29 Apr 2019 [UTC]

https://blog.quillhash.com/quillaudits-sdk-smart-contracts-surveillance/ 👍

Thule09:48:02 - 29 Apr 2019 [UTC]

BTS blockchain would need something like that https://www.ccn.com/iota-crypto-deal-jaguar-land-rover

Thule09:48:48 - 29 Apr 2019 [UTC]

all drivers getting rewarded via bitsharas blockchain

Dima BLCKCHND09:50:16 - 29 Apr 2019 [UTC]

tbone123

going that route should wait until there is much more regulatory clarity. in the meantime, Wirex has proven that it can navigate treacherous waters

Permie10:14:45 - 29 Apr 2019 [UTC]

Hey @xeroc I've sent you a pm 👍

Once Uponatime10:16:02 - 29 Apr 2019 [UTC]

funkit

This is Stan's reply: "Of course, if you like and appreciate the fact that the original founders of bitshares are working to bring all the billions of dollars worth of technology they've developed and are developing back to benefit BitShares, yet you somehow don't want to collect your share of that new technology by moving your BTS to the new network for a few months, you can always set your proxy to michaelx."

Shadow 🇰🇷 | I will never pm you first11:22:10 - 29 Apr 2019 [UTC]

Sir what is the original contract of bitusd?

Shadow 🇰🇷 | I will never pm you first11:22:30 - 29 Apr 2019 [UTC]

Any admin online??

Luang11:23:22 - 29 Apr 2019 [UTC]

Anybody online

Shadow 🇰🇷 | I will never pm you first11:24:21 - 29 Apr 2019 [UTC]

Hello.

Shadow 🇰🇷 | I will never pm you first11:25:15 - 29 Apr 2019 [UTC]

Bitusd is bitshares right?

Shadow 🇰🇷 | I will never pm you first11:25:23 - 29 Apr 2019 [UTC]

Or different?

bench11:26:18 - 29 Apr 2019 [UTC]

one bitUSD is about one $

Jay11:30:16 - 29 Apr 2019 [UTC]

helli i'm not spamer Anyone wants to work with FX TRADING Send me message or check my bio

Mathew11:30:51 - 29 Apr 2019 [UTC]

paolo_miguel_lingad

Bitusd is bitshares right?

BitUSD is created by locking up >1.75* the value in BTS

Stefan11:30:59 - 29 Apr 2019 [UTC]

paolo_miguel_lingad

Sir what is the original contract of bitusd?

BitUSD is SmartCoin built-in the BitShares blockchain. What information are you looking for?

Shadow 🇰🇷 | I will never pm you first11:35:58 - 29 Apr 2019 [UTC]

The contract sir of bitusd address

Shadow 🇰🇷 | I will never pm you first11:36:26 - 29 Apr 2019 [UTC]

I need to confirm if its the same contract

Stefan11:37:22 - 29 Apr 2019 [UTC]

paolo_miguel_lingad

The contract sir of bitusd address

BitUSD has no "address". Are you holding bitUSD on Ethereum?

Shadow 🇰🇷 | I will never pm you first11:38:11 - 29 Apr 2019 [UTC]

Yes sir in the coinpayments account

Clurk Grants11:38:18 - 29 Apr 2019 [UTC]

kenCode

we all have to fly to boston to get the Bitshares shirts? oh man, that's not what he implied. who is Clurk?

Who's looking for clurk

Dima BLCKCHND11:40:35 - 29 Apr 2019 [UTC]

paolo_miguel_lingad

Yes sir in the coinpayments account

it's a scam

Stefan11:42:23 - 29 Apr 2019 [UTC]

I only know of OpenLedger that moved bitUSD over to Ethereum, you can ask here: https://t.me/OpenLedger4Members Most likely it's one of the scam assets like Dima mentioned

Shadow 🇰🇷 | I will never pm you first11:43:15 - 29 Apr 2019 [UTC]

Thanks stefan for the help

Daniel Schwarz (liondani)11:49:18 - 29 Apr 2019 [UTC]

If BTS is integrated to wirex card it would be also EASY for newbies to get BTS via funding their bts account with a linked visa card !!! It's not only helpfull to spend bts !

Daniel Schwarz (liondani)11:50:40 - 29 Apr 2019 [UTC]

The pros voting for wirex worker are much more than the cos!

Daniel Schwarz (liondani)11:56:08 - 29 Apr 2019 [UTC]

So a easy way to buy bts for newbies would be >>> buy bts using any regular visa or mastercard inside wirexapp and then sending the BTS to your personal BTS wallet!

bench11:58:23 - 29 Apr 2019 [UTC]

Wirex has more users than Bitshares accounts, Waves is already on Wirex

Daniel Schwarz (liondani)12:05:03 - 29 Apr 2019 [UTC]

THIS ^^^ is what I am saying ;)

Daniel Schwarz (liondani)12:19:01 - 29 Apr 2019 [UTC]

We should do the same if possible !!! ^^^

Jonathan Bahai12:32:06 - 29 Apr 2019 [UTC]

Why not presell wirex to the community and see how many would buy one now if BTS is on it?

Stefan12:34:30 - 29 Apr 2019 [UTC]

JBahai

Why not presell wirex to the community and see how many would buy one now if BTS is on it?

Define presell?

Jonathan Bahai12:37:07 - 29 Apr 2019 [UTC]

sschiessl

Define presell?

some kind of commitments to purchase the cards and use them

Jonathan Bahai12:37:57 - 29 Apr 2019 [UTC]

@liondani you use it yes? Do you know all about all the other coins it uses? Has it prompted you to move into any of them just because they were there?

Stefan12:38:05 - 29 Apr 2019 [UTC]

JBahai

some kind of commitments to purchase the cards and use them

The commitment would be non-binding and merely reflect some kind of poll who would like the option IMO, or I misunderstand what you mean exactly?

Daniel Schwarz (liondani)12:38:54 - 29 Apr 2019 [UTC]

We want the wirex to get to a new demographic and that is the current and future customers of wirex!!! We find our way to buy and sell bts without any card, right ? :)

Daniel Schwarz (liondani)12:41:05 - 29 Apr 2019 [UTC]

JBahai

@liondani you use it yes? Do you know all about all the other coins it uses? Has it prompted you to move into any of them just because they were there?

I was motivated to look at WLO and got informed about them because of wirex... all other coins where familiar to me

Young12:41:41 - 29 Apr 2019 [UTC]

Daniel Schwarz (liondani)12:42:27 - 29 Apr 2019 [UTC]

I was really close to buy some wollo ... 😄 https://pigzbe.com

Daniel Schwarz (liondani)12:44:00 - 29 Apr 2019 [UTC]

I commented to friends that it is probably a very solid project because I saw them on wirex!!! Really!!!

Dima BLCKCHND12:44:08 - 29 Apr 2019 [UTC]

liondani

I was motivated to look at WLO and got informed about them because of wirex... all other coins where familiar to me

I finaly checked DAI)

Dima BLCKCHND12:44:15 - 29 Apr 2019 [UTC]

because of wirex

Daniel Schwarz (liondani)12:45:20 - 29 Apr 2019 [UTC]

DAI It was familiar to me allready but would certainly investigate if first seen on wirex.... That's the point... I guess more will think like us!

Dima BLCKCHND12:47:02 - 29 Apr 2019 [UTC]

stable coin on visa card, it is raising a curiosity for sure but what about stablecoin facrory like bitshares

Daniel Schwarz (liondani)12:50:08 - 29 Apr 2019 [UTC]

We just need to make more people aware of BTS... after that many stay hooked since they grasp the concept ... (the stable coin concept is cool anyway) :)

Crypto Kong13:03:57 - 29 Apr 2019 [UTC]

I would be interested to hear if any of the gateways would be able to or plan to make use of wirex for their customers

Dima BLCKCHND13:11:41 - 29 Apr 2019 [UTC]

You meant a banner with ref link?)

Dima BLCKCHND13:12:01 - 29 Apr 2019 [UTC]

is quite easy

Crypto Kong13:13:35 - 29 Apr 2019 [UTC]

Well yeah... something that helps you onboard users without them having to go through the normal routes

Crypto Kong13:14:21 - 29 Apr 2019 [UTC]

Will exchanges be saying come trade with us all you have to do is sign up for wirex send bts over and buy all our listed coins

Crypto Kong13:15:52 - 29 Apr 2019 [UTC]

Also can wirex then have a page built into the dex?

Crypto Kong13:16:09 - 29 Apr 2019 [UTC]

Things like that get done it makes it more appealing

Crypto Kong13:16:21 - 29 Apr 2019 [UTC]

Fiat gateway built into the dex

Daniel Schwarz (liondani)13:17:45 - 29 Apr 2019 [UTC]

Nice idea ^^^

bench13:35:37 - 29 Apr 2019 [UTC]

Bitshares is missing some easy FIAT on and offboarding since the beginning, Wirex integration should solve this problem

Stefan13:40:07 - 29 Apr 2019 [UTC]

liondani

🤣

Andrey Semenov13:43:11 - 29 Apr 2019 [UTC]

liondani

Why you hold bitGOLD?

Andrey Semenov13:47:45 - 29 Apr 2019 [UTC]

I not understand peoples, which hold blackswaned actives... Why you do this? It's not rationally

Daniel Schwarz (liondani)13:49:10 - 29 Apr 2019 [UTC]

I am sure it will revive some day and it will hold the peg again :)

Andrey Semenov13:52:08 - 29 Apr 2019 [UTC]

liondani

I am sure it will revive some day and it will hold the peg again :)

it revive only BTS rise up... if price of active depend from BTS (now it's true) not reason hold it - better sell or settle and get BTS.

funkit 🐝💋🍯13:53:47 - 29 Apr 2019 [UTC]

onceponatime

The delusion lives on I hear. Since April 9. BTS is down ~36%. That’s real world numbers, not fairy tales

Daniel Schwarz (liondani)13:59:03 - 29 Apr 2019 [UTC]

funkit

The delusion lives on I hear. Since April 9. BTS is down ~36%. That’s real world numbers, not fairy tales

The pressure don't come from the "locked" bts on beos... Don't you agree on that? I think it's basic economics... Did you thought about the possibilty BTS would tank more without 10% locked?

Crypto Kong14:00:36 - 29 Apr 2019 [UTC]

Locked up bts has no affect on price unless it was available for sale/ purchase previously.

Crypto Kong14:01:06 - 29 Apr 2019 [UTC]

Which non of it was or we would have had 300mil deep order books

Crypto Kong14:02:32 - 29 Apr 2019 [UTC]

Its not even locked up, users can easily withdraw and sell

Crypto Kong14:05:27 - 29 Apr 2019 [UTC]

I only see beos rainfall affecting bts price if once rainfal is over and ramfall begins people start making money from the first drop. Then others fomo into the second drop (ramfall) trying to replicate gains made by others

Crypto Kong14:05:36 - 29 Apr 2019 [UTC]

I think thats unlikely though

Crypto Kong14:07:42 - 29 Apr 2019 [UTC]

Not saying beos wont gain value over time... just that the initial distribution likely wont affect bts price

funkit 🐝💋🍯14:08:50 - 29 Apr 2019 [UTC]

liondani

The pressure don't come from the "locked" bts on beos... Don't you agree on that? I think it's basic economics... Did you thought about the possibilty BTS would tank more without 10% locked?

It was not me who said “billions”.

John 14:11:56 - 29 Apr 2019 [UTC]

liondani

I am sure it will revive some day and it will hold the peg again :)

Ppl think this

Stefan15:05:25 - 29 Apr 2019 [UTC]

@funkit Have a look at new export button at develop.bitshares.org

Stefan15:05:56 - 29 Apr 2019 [UTC]

bitshares.ws is up and running again, yte you may choose others now

funkit 🐝💋🍯15:06:13 - 29 Apr 2019 [UTC]

I’ll do. Thank you Stefan

Stefan15:07:13 - 29 Apr 2019 [UTC]

funkit

I’ll do. Thank you Stefan

The full report is still just in raw format, if you have ideas how to split that meaningfully let me know

funkit 🐝💋🍯15:09:59 - 29 Apr 2019 [UTC]

If my headache allows me I’ll even github you 😉

Abdulrazaq Nafiu15:11:15 - 29 Apr 2019 [UTC]

Btc needed

Abdulrazaq Nafiu15:11:26 - 29 Apr 2019 [UTC]

Or etherium

Abdulrazaq Nafiu15:12:56 - 29 Apr 2019 [UTC]

BTC needed ungently please please

Stefan15:15:55 - 29 Apr 2019 [UTC]

funkit

If my headache allows me I’ll even github you 😉

👾

Kelvin15:26:36 - 29 Apr 2019 [UTC]

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kenCode15:26:37 - 29 Apr 2019 [UTC]

sschiessl

The full report is still just in raw format, if you have ideas how to split that meaningfully let me know

Transaction Filters are a very nice feature. Here is an example that we did a few months back in the BiTSy app:

Stefan15:27:21 - 29 Apr 2019 [UTC]

kenCode

Transaction Filters are a very nice feature. Here is an example that we did a few months back in the BiTSy app:

I ll open an issue you send the dev?

kenCode15:27:59 - 29 Apr 2019 [UTC]

can't right now, was just trying to toss ideas out there

Stefan15:28:55 - 29 Apr 2019 [UTC]

kenCode

can't right now, was just trying to toss ideas out there

could've worked

Stefan15:29:17 - 29 Apr 2019 [UTC]

kenCode

can't right now, was just trying to toss ideas out there

Thanks, ideas always appreciated!

kenCode15:29:33 - 29 Apr 2019 [UTC]

laser focused on our architecture upgrade right now and accs integration

kenCode15:29:47 - 29 Apr 2019 [UTC]

💪🏼😊

乐

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Jotmax17:01:03 - 29 Apr 2019 [UTC]

Please I need gdex help telegram

John Jones17:12:14 - 29 Apr 2019 [UTC]

I think it is here: https://t.me/GDEXer

Jotmax18:16:27 - 29 Apr 2019 [UTC]

Thanks

tbone19:14:31 - 29 Apr 2019 [UTC]

Cryptokong123

Also can wirex then have a page built into the dex?

this would be great

bench19:28:25 - 29 Apr 2019 [UTC]

Cryptokong123

Fiat gateway built into the dex

This is the main reason Waves outperformed Bitshares

tbone19:29:06 - 29 Apr 2019 [UTC]

JBahai

@liondani you use it yes? Do you know all about all the other coins it uses? Has it prompted you to move into any of them just because they were there?

the important thing is gaining an on/off ramp. the more the better. exposure to potential new users would just be a bonus

Thule19:48:47 - 29 Apr 2019 [UTC]

habibi7

This is the main reason Waves outperformed Bitshares

waves always pumped massivly on via major news websites

Thule19:48:56 - 29 Apr 2019 [UTC]

for example forbes by 36%

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Young20:01:09 - 29 Apr 2019 [UTC]

Ozan Guven20:11:05 - 29 Apr 2019 [UTC]

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Crypto Kong20:26:25 - 29 Apr 2019 [UTC]

habibi7

This is the main reason Waves outperformed Bitshares

that and they have far better marketing than us

Stefan20:27:10 - 29 Apr 2019 [UTC]

Cryptokong123

Also can wirex then have a page built into the dex?

I'd say as a deposit/withdraw option, yes!

Stefan20:27:49 - 29 Apr 2019 [UTC]

thuleeee

for example forbes by 36%

Main reason is they have a fancy marketing budget

Thule20:28:19 - 29 Apr 2019 [UTC]

sschiessl

Main reason is they have a fancy marketing budget

i will open a similar marketing for a small budget

Thule20:28:33 - 29 Apr 2019 [UTC]

just sold my real estate so have more time now

Stefan20:28:54 - 29 Apr 2019 [UTC]

thuleeee

just sold my real estate so have more time now

Thule20:29:10 - 29 Apr 2019 [UTC]

tomorrow i'm going to send the worker to the foundation

Crypto Kong20:29:24 - 29 Apr 2019 [UTC]

more time to pump bts? lol

Thule20:32:17 - 29 Apr 2019 [UTC]

Cryptokong123

more time to pump bts? lol

am going to add a part of it into BTS so it needs to pump but i prefer with real value not just a pump and dump

Thule20:32:37 - 29 Apr 2019 [UTC]

but i agree with bitcrab that BTS needs a better CMC rank to get more attention

bench20:34:17 - 29 Apr 2019 [UTC]

Cryptokong123

that and they have far better marketing than us

better marketing and better integration -> higher market cap

Thule20:35:23 - 29 Apr 2019 [UTC]

Cryptokong123

more time to pump bts? lol

Also need to make sure Alex will get his house for his BTS 😃😃😃😃

Stefan20:35:57 - 29 Apr 2019 [UTC]

thuleeee

Also need to make sure Alex will get his house for his BTS 😃😃😃😃

First goal is make him switch his dayjob to BitShares 😁

Thule20:36:27 - 29 Apr 2019 [UTC]

https://bitsharestalk.org/index.php?topic=27328.msg329664#msg329664

tbone20:36:32 - 29 Apr 2019 [UTC]

habibi7

This is the main reason Waves outperformed Bitshares

i think that's part of it. they are generally much better at marketing

Nilay20:36:48 - 29 Apr 2019 [UTC]

Hello all, I need your help. I conducted a survey to analyze the investment behavior of Cryptocurrency / Bitcoin investors as part of my master thesis research. I would appreciate it if you could contribute to my thesis by participating in the survey. Survey: https://goo.gl/forms/5071p59DUlqncxKU2

tbone20:37:36 - 29 Apr 2019 [UTC]

sschiessl

First goal is make him switch his dayjob to BitShares 😁

it's a crime that this hasn't happened yet

Stefan20:37:57 - 29 Apr 2019 [UTC]

tbone123

i think that's part of it. they are generally much better at marketing

All vote for the current marketing to.send the signal.to all the others maybe thinking about joining to do marketing!

Nilay20:38:37 - 29 Apr 2019 [UTC]

Hi all, I need your help. I conducted a survey to analyze the investment behavior of Cryptocurrency / Bitcoin investors as part of my master thesis research. I would appreciate it if you could contribute to my thesis by participating in the survey. survey: https://goo.gl/forms/5071p59DUlqncxKU2

Stefan20:41:22 - 29 Apr 2019 [UTC]

Speaking of, our article is available featured I'm the shop now in English and Chinese https://gokhshtein.com/product/bitshares-information/ Will be available as printed copies at 2050 conference in Shanghai and Buidl Hackathon in Boston

funkit 🐝💋🍯20:44:03 - 29 Apr 2019 [UTC]

The combination isn’t that bad, Stefan. The general dev can’t even tell what the importance of his daily activity is. Staying in touch and reacting to the many frustrations that pop up is marketing too.

nutela20:45:49 - 29 Apr 2019 [UTC]

sschiessl

All vote for the current marketing to send the signal to all the others maybe thinking about joining to do marketing! I'm doing it because I thought it necessary, I'm a dev at heart at the end

Which one is it?

bench20:48:26 - 29 Apr 2019 [UTC]

tbone123

it's a crime that this hasn't happened yet

👍

Stefan20:48:46 - 29 Apr 2019 [UTC]

nut3l4

Which one is it?

https://www.bitshares.foundation/workers/2019-02-marketing-interviews-articles-and-visibility

nutela20:51:05 - 29 Apr 2019 [UTC]

sschiessl

https://www.bitshares.foundation/workers/2019-02-marketing-interviews-articles-and-visibility

I wanted to say but Blockchain BV are those croney Dutch guys.. 😂 I didn't know you were part of them from the beginning?

nutela20:51:39 - 29 Apr 2019 [UTC]

Aren't they the spokesperson as well?

Stefan20:51:54 - 29 Apr 2019 [UTC]

nut3l4

I wanted to say but Blockchain BV are those croney Dutch guys.. 😂 I didn't know you were part of them from the beginning?

I am part since beginning yes 😁

nutela20:52:23 - 29 Apr 2019 [UTC]

sschiessl

I am part since beginning yes 😁

That's OK, now at least we know you!

Stefan20:52:42 - 29 Apr 2019 [UTC]

nut3l4

Aren't they the spokesperson as well?

BBF is the legal representative, in the first worker Spokesperson, that was not best formulated though

nutela20:52:44 - 29 Apr 2019 [UTC]

I'm glad I was wrong.

Fuzzy20:58:52 - 29 Apr 2019 [UTC]

xeroc

This makes sense as a worker imo. Listings on various places makes sense and brings alot more liquidity

Crypto Kong21:00:12 - 29 Apr 2019 [UTC]

sschiessl

I am part since beginning yes 😁

point still stands lol

Stefan21:02:43 - 29 Apr 2019 [UTC]

Cryptokong123

point still stands lol

Point being croney dutch guys? I gotta google that now

Alex M - clockwork21:03:24 - 29 Apr 2019 [UTC]

Not Dutch though

Crypto Kong21:04:22 - 29 Apr 2019 [UTC]

SirFuzzalot

This makes sense as a worker imo. Listings on various places makes sense and brings alot more liquidity

actually wirex listing will likely lower liquidity. They operate by carrying out exchange transasctions for their users, which will most likely be taking orders rather than placing orders, if anything it will require more liquidity provision in order for wirex users to get better prices when using their services, in any case it will increase trade activity which is good

Crypto Kong21:04:28 - 29 Apr 2019 [UTC]

sschiessl

Point being croney dutch guys? I gotta google that now

lol

Crypto Kong21:08:01 - 29 Apr 2019 [UTC]

To be honest I've heard enough benefits/ potential benefits to convince me that wirex is worth voting for. I dont agree with needlessly tightening bitshares purse strings and worse case scenario is its a waste of reserve pool funds. Sometimes you have to take gambles and IMO this is a risk worth taking. We will gain an extra on/off ramp to bitshares that is user friendly, creates possibility of adding fiat withdraw/ deposit to the dex, slight marketing/ awareness boost from listing, can also be co ordinated with press releases when listing is ready, creates a new usecase for bts (spending in shops), has potential to spur new innovation/ integration with other services.

Fuzzy21:12:43 - 29 Apr 2019 [UTC]

Cryptokong123

I dont have time to research it fully atm but sounds like some good benefits.

Fuzzy21:13:08 - 29 Apr 2019 [UTC]

On and offramps will create more use cases which means morr users and likely morr velocity of use

Fuzzy21:13:13 - 29 Apr 2019 [UTC]

Just my thoughts

Crypto Kong21:13:16 - 29 Apr 2019 [UTC]

SirFuzzalot

I dont have time to research it fully atm but sounds like some good benefits.

yeah it took me a while to see them but i think ive seen the light now

Fuzzy21:13:20 - 29 Apr 2019 [UTC]

Throw or take them as u will ☺️

Jonathan Bahai21:43:03 - 29 Apr 2019 [UTC]

thuleeee

but i agree with bitcrab that BTS needs a better CMC rank to get more attention

We can pull a ripple

Crypto Kong21:44:14 - 29 Apr 2019 [UTC]

just withdraw the entire reserve fund, should do the trick lol

Crypto Kong21:59:51 - 29 Apr 2019 [UTC]

i suppose you could make changes to allow half a bil BTS to be withdrawn from reserve fund, put straight into smartcoin creation with a ridiculously low call price like $0.001 for bitUSD and just place a massive buy order that followed feed price by 1%. Instant market cap boost, instant liquidity provision, instant dump protection.

Crypto Kong22:00:27 - 29 Apr 2019 [UTC]

never gonna happen but all is possible

Crypto Kong22:03:09 - 29 Apr 2019 [UTC]

once all bitUSD is sold add all the BTS to the collateral pile and chuck away the keys

Crypto Kong22:03:19 - 29 Apr 2019 [UTC]

happy days

Crypto Kong22:03:32 - 29 Apr 2019 [UTC]

not sure id trust anyone to do that though lol

Teiva22:03:36 - 29 Apr 2019 [UTC]

SirFuzzalot

On and offramps will create more use cases which means more users and likely more velocity of bts movement over time.

All in for Wirex WP

bench22:06:43 - 29 Apr 2019 [UTC]

Teiva

All in for Wirex WP

👍 https://www.bitshares.foundation/workers/2019-05-wirex-integration

Jonathan Bahai22:31:13 - 29 Apr 2019 [UTC]

Cryptokong123

Are wirex cards available in us or China?

Jonathan Bahai22:34:20 - 29 Apr 2019 [UTC]

Take a look.. this is only going to benefit European

Jonathan Bahai22:34:25 - 29 Apr 2019 [UTC]

https://wirexapp.com/help/article/the-list-of-supported-countries-0027

Jonathan Bahai22:34:40 - 29 Apr 2019 [UTC]

Pay attention to the card available column

Fuzzy22:39:39 - 29 Apr 2019 [UTC]

JBahai

Take a look.. this is only going to benefit Europeans

Sounds like a good idea then to use that as leverage to get better listing prices for competitors in other jurisdictions.

Fuzzy22:40:05 - 29 Apr 2019 [UTC]

I dont have a list of them but it would be cool to see which ones are out therr

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kenCode22:58:19 - 29 Apr 2019 [UTC]

JBahai

https://wirexapp.com/help/article/the-list-of-supported-countries-0027

wait, what? their app doesn't even support tap-to-pay?

kenCode22:58:38 - 29 Apr 2019 [UTC]

you're right, cards go to europeans only 😔

Jonathan Bahai00:15:19 - 30 Apr 2019 [UTC]

kenCode

you're right, cards go to europeans only 😔

So... just so I can win most popular community member awared tonight.. Who is Alice and who is Bob.. and do they all live in Europe or not? :)

Frank Joel00:40:06 - 30 Apr 2019 [UTC]

If you need loan, kindly inbox me now Just the first 100, am allowed to add to the channel, it's been the biggest thing alive, with various video proofs

nick00:54:36 - 30 Apr 2019 [UTC]

Goodday, its been the last time i have used bitshares was on january 2018 I think, it seemed that transfer fees have increased (currently 0.4+bts), does anyone have a historical fee data of bts?

Fuzzy00:57:21 - 30 Apr 2019 [UTC]

JBahai

So... just so I can win most popular community member awared tonight.. Who is Alice and who is Bob.. and do they all live in Europe or not? :)

I think its a good question without needing to talk about popularity.

Fuzzy00:57:34 - 30 Apr 2019 [UTC]

SirFuzzalot

I dont have a list of them but it would be cool to see which ones are out there

And also further points to a reason for this ☺️

Jonathan Bahai01:05:05 - 30 Apr 2019 [UTC]

SirFuzzalot

I think its a good question without needing to talk about popularity.

I was joking.. as in.. I would become most unpopular.

George (Bitspark)01:10:15 - 30 Apr 2019 [UTC]

JBahai

https://wirexapp.com/help/article/the-list-of-supported-countries-0027

right so as i said the other day, their acquirer is the same as everyone elses like shakepay and therefore is euro only, mostly pointless IMO

George (Bitspark)01:11:01 - 30 Apr 2019 [UTC]

if you live in a country with no visa/mc usage anyway you wont use it, and if you live in a country with lots of via/MC because account balance is denominated in EUR youll pay higher FX fees on paying for stuff vs your local options anyway

Fuzzy01:39:58 - 30 Apr 2019 [UTC]

JBahai

I was joking.. as in.. I would become most unpopular.

Not sure why 😂

Fuzzy01:41:05 - 30 Apr 2019 [UTC]

But i will say i ordered a new custom target practice target because of that q... ;)

Jane Fon01:55:01 - 30 Apr 2019 [UTC]

Hi guys. Good evening. What's good?

Fuzzy02:38:26 - 30 Apr 2019 [UTC]

Depends on ones perspective id suppose.

Fuzzy02:38:58 - 30 Apr 2019 [UTC]

So ill say potentially everything...in hopes of not sounding like an ass ☺️

Roni03:06:23 - 30 Apr 2019 [UTC]

Best move is a YES for Wirex. Stellar is partnering with them, including stable coins. It says you can use it all over the globe?

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Bellick Algo05:18:14 - 30 Apr 2019 [UTC]

not true

Stefan05:49:13 - 30 Apr 2019 [UTC]

Ronni717

Best move is a YES for Wirex. Stellar is partnering with them, including stable coins. It says you can use it all over the globe?

That's what wirex aims for looking at their statements. Jademont confirmed their efforts for China.

Stefan06:00:58 - 30 Apr 2019 [UTC]

George_Bitspark

right so as i said the other day, their acquirer is the same as everyone elses like shakepay and therefore is euro only, mostly pointless IMO

Considerung the current list of supported countries China and US are the most crucial ones lacking, and it is a gamble in that regards. More countries supported later on also mean a heftier price tag. Chances are not bad imo. Wirex was already available in China, and US is being pursued. I suppose they are working through all the regularities (again), which is good because it means they are building longterm. Their virtual card (aka cellphone app) is available everywhere.

George (Bitspark)06:03:10 - 30 Apr 2019 [UTC]

sschiessl

Why are the most crucial when they are the countries with the most competitors and least value proposition. Also Visa/MC is not really used in china anyway

Stefan06:04:15 - 30 Apr 2019 [UTC]

George_Bitspark

Why are the most crucial when they are the countries with the most competitors and least value proposition. Also Visa/MC is not really used in china anyway

That wording was due to the feedback I saw in the channels of the importance of those two, thus I highlighted them. Which ones do you see crucial?

Lori Squires06:04:25 - 30 Apr 2019 [UTC]

George (Bitspark)06:05:38 - 30 Apr 2019 [UTC]

sschiessl

That wording was due to the feedback I saw in the channels of the importance of those two, thus I highlighted them. I've edited it Which ones do you see crucial?

I dont really see any as 'crucial' as i dont support the worker. Most number of potential customers willing to pay above market rates to deposit crypto maybe should be a useful metric to consider. Maybe that is places people can afford to pay more, or maybe that is places where there is no other option

Stefan06:07:44 - 30 Apr 2019 [UTC]

George_Bitspark

Chasing the best fees is too time consuming for the not-so-deep-in-crypto folks. e.g. People using blockchain based services would simply see that as operational fee

George (Bitspark)06:09:30 - 30 Apr 2019 [UTC]

sschiessl

Chasing the best fees is too time consuming for the not-so-deep-in-crypto folks I think (it is already too time consuming for me xD). e.g. People using blockchain based services would simply see that as operational cost

Maybe, but i could also get a non crypto card here for free that gives me rewards and almost no FX and is in my native currency. Or a crypto debit card that charges me 2-3% on FX, is denominated in EUR, and likely will have a 1% deposit fee for crypto for roundtrip 3-4%. I would personally not be willing to pay that

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