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Offline xeroc

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MarketVolume not "fair"
« on: December 04, 2014, 08:59:00 AM »

Having a forced cover after 30 days means that the whole "market cap" of N x 1bitUSD (N beeing the bitUSD supply) ... will have to trade ..
Thus .. on average .. we will have a daily volume of

    SUPPLY / 30

That's nice as people take "volume" serious for trading .. but not nice as it makes it "unfair" to compare to other schemes .. say nuB.. na .. who cares  8)
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Offline xeroc

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Re: MarketVolume not "fair"
« Reply #2 on: December 04, 2014, 02:23:33 PM »
Yield mainly depends on the interest paid by shorts .. not sure if volume is supposed to increase the yield
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Offline biophil

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Re: MarketVolume not "fair"
« Reply #3 on: December 04, 2014, 03:47:02 PM »
Having a forced cover after 30 days means that the whole "market cap" of N x 1bitUSD (N beeing the bitUSD supply) ... will have to trade ..
Thus .. on average .. we will have a daily volume of

    SUPPLY / 30

That's nice as people take "volume" serious for trading .. but not nice as it makes it "unfair" to compare to other schemes .. say nuB.. na .. who cares  8)

Haha, I wouldn't worry about being too fair to NBT... after all, they are the kings of massive automated volume.

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Offline Ander

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Re: MarketVolume not "fair"
« Reply #4 on: December 04, 2014, 08:45:18 PM »
Um...

Everyone out there thinks Nubits is amazing and bitUSD doesnt work purely based on the fact that Nubits uses large buy and sell walls to enforce the peg, while bitUSD has no such walls and has low liquidity.

Dont worry about being fair to nubits.
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Offline theoretical

Re: MarketVolume not "fair"
« Reply #5 on: December 05, 2014, 02:54:23 PM »

Relative orders will make it much easier for people to use their money to enforce the peg, especially once we get more multisig and cold wallet functionality working.
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Offline liondani

Re: MarketVolume not &quot;fair&quot;
« Reply #6 on: December 06, 2014, 01:12:59 AM »

Relative orders will make it much easier for people to use their money to enforce the peg, especially once we get more multisig and cold wallet functionality working.
+1%
I agree!

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