Author Topic: I suggest stop price feed and stop market engine  (Read 14335 times)

0 Members and 1 Guest are viewing this topic.

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
just let the market do what it do best.
There always risk when you short and everybody should know that and take the risk before short.
I know you are right
so the result is fewer and fewer people want to short,
and where is the way for BITUSD?

when liquidity increase that will be not an issue anymore....
I really believe we participate on early days, after we have the relative orders future ready (v0.7) I am sure it will be a lot easier to cover orders (patience, we are almost there!)

Offline merlin0113

  • Sr. Member
  • ****
  • Posts: 286
    • View Profile
I think it's risky to have the primary BTS market on an external exchange. People are buying BTS on btc38 but not on the bitshares exchange itself, this can cause all sorts of weird issues.

When we're past this crash we should really do everything we can to move all BTS liquidity to the internal market, and use centralized exchanges as on/off ramps only.

+1
This is what BM suggested and visioned, and the right way to realise a decentralized exchange which BTS created for. But it has a long way to go as the market ended up like this: no one willing to short atm.

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
So why is no one shorting? No one bullish any longer?

i shorted bitEUR  :)
For a nice 0% interest i would guess ;)

0.101%  (never under that even when I can)

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
So why is no one shorting? No one bullish any longer?

i shorted bitEUR  :)
For a nice 0% interest i would guess ;)

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
So why is no one shorting? No one bullish any longer?

i shorted bitEUR  :)

Offline ssjpts

  • Hero Member
  • *****
  • Posts: 538
    • View Profile
    • 中国BTC
  • BitShares: coolman
但是问题又来了,不怕大户击穿BTS的卖单?1BTS产生了10000000000BTA?
新浪微博:剑指未来BTS
BTC:1Bc7gRGotktBmnNFr3BUUM22HFXCCTyxor
BTSX ID:loves,集大众之爱,待到BTS 500刀,10%回退给捐赠者,10%用于运营,剩余80%用于爱心事业和BTS宣传推广。

Offline alt

  • Hero Member
  • *****
  • Posts: 2821
    • View Profile
  • BitShares: baozi
just let the market do what it do best.
There always risk when you short and everybody should know that and take the risk before short.
I know you are right
so the result is fewer and fewer people want to short,
and where is the way for BITUSD?

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
I think it's risky to have the primary BTS market on an external exchange. People are buying BTS on btc38 but not on the bitshares exchange itself, this can cause all sorts of weird issues.

When we're past this crash we should really do everything we can to move all BTS liquidity to the internal market, and use centralized exchanges as on/off ramps only.
also no more advertising of BTS/BTC pairs but BIT*/BTC pairs and bit*/Fiat gateways of course!!

Offline Rune

  • Hero Member
  • *****
  • Posts: 1120
    • View Profile
I think it's risky to have the primary BTS market on an external exchange. People are buying BTS on btc38 but not on the bitshares exchange itself, this can cause all sorts of weird issues.

When we're past this crash we should really do everything we can to move all BTS liquidity to the internal market, and use centralized exchanges as on/off ramps only.

Offline alt

  • Hero Member
  • *****
  • Posts: 2821
    • View Profile
  • BitShares: baozi
So why is no one shorting? No one bullish any longer?
current price totally not about value,
I really believe BTS price should up to 1 dollar
but I will not short at this time, because I know I can't get any USD to cover my order,
and the price is out of control , or be control by somebody

Offline gyhy

  • Hero Member
  • *****
  • Posts: 852
    • View Profile
you want more and more people to hold BITCNY and BITUSD to shopping,
and you don't care about how the shot position can cover his order,
do you really think this can work good?
I am afraid fewer and fewer people will short after this time.

we can run market engine continue, but I really think this is a problem and we should have a plane to fix it
+5%
这个类似支付宝,bitcny会沉淀在账户中,比如,我就有几十bitcny在账户中,很久没有动过
如果流通起来,会有大量资金沉淀。市场上的bitcny就会越来越少。
short的时候无法买到足够的bitcny

Offline cgafeng

just let the market do what it do best.
There always risk when you short and everybody should know that and take the risk before short.
« Last Edit: January 14, 2015, 01:34:38 pm by cgafeng »
BTC:1EYwcZ9cYVj6C9LMLafdcjK9wicVMDV376

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12922
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
So why is no one shorting? No one bullish any longer?

Offline alt

  • Hero Member
  • *****
  • Posts: 2821
    • View Profile
  • BitShares: baozi
you want more and more people to hold BITCNY and BITUSD to shopping,
and you don't care about how the shot position can cover his order,
do you really think this can work good?
I am afraid fewer and fewer people will short after this time.

we can run market engine continue, but I really think this is a problem and we should have a plane to fix it

Offline liondani

  • Hero Member
  • *****
  • Posts: 3737
  • Inch by inch, play by play
    • View Profile
    • My detailed info
  • BitShares: liondani
  • GitHub: liondani
If a delegate stop publishing feed prices for stopping his own losses, the necessary response of the blockchain has to be to kick him out. This conflict of interest is quite frightening for the stability of the whole system...

even if he do it, it's not enough to stop the market, he must find many delegates that agree to do it!
The market will decide what they will do with delegates dependent of their actions and not so much of their suggestions/words/thoughts I suppose....