Author Topic: Guess Who's Coming to Dinner?  (Read 464 times)

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Offline Riverhead

Guess Who's Coming to Dinner?
« on: November 15, 2014, 04:13:40 am »
Almost 10k bitUSD in forced cover.


Offline biophil

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Re: Guess Who's Coming to Dinner?
« Reply #1 on: November 15, 2014, 05:15:33 am »
That one is a dainty appetizer compared with a couple days later...

Offline Ander

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Re: Guess Who's Coming to Dinner?
« Reply #2 on: November 15, 2014, 05:55:36 am »
Why is the call price 96 BTS per bitusd?  Should it be around 50-60 BTS per bitusd?
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Offline Markus

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Re: Guess Who's Coming to Dinner?
« Reply #3 on: November 15, 2014, 07:08:43 am »
It seems the current implementation is that a position is called when two thirds of the collateral would be needed to repurchase the debt. It used to be 75 % but it must have been dropped to 66.7 %

So 1187311 * 0.6666 / 8170 = 96.88


zerosum

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Re: Guess Who's Coming to Dinner?
« Reply #4 on: November 15, 2014, 07:11:10 am »
It seems the current implementation is that a position is called when two thirds of the collateral would be needed to repurchase the debt. It used to be 75 % but it must have been dropped to 66.7 %

So 1187311 * 0.6666 / 8170 = 96.88
aha... so it seems.