I suggest stop price feed and stop market engine

Started by alt, January 14, 2015, 08:10:22 AM

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xeroc

Quote from: Empirical1.1 on January 14, 2015, 08:26:01 AM
You mean not enough people want to buy BitUSD right now?

I wouldn't halt the market. If it can't stay operational in a situation like this how can we ever sell it in the future.
I agree ..

I don't really get the issue now? Is it that the shorts made the wrong bet and have to cover though there are no sell orders?
would the expiration cover buy up bitUSD above the feed?
would the force cover?

Empirical1.1

You mean not enough people want to buy BitUSD right now?

I wouldn't halt the market. If it can't stay operational in a situation like this how can we ever sell it in the future.

alt

If the price is 0.01USD/BTS, and if there is no USD at market,
I think it's OK to allow shorter to cover the order at price 0.009, this is the last way.

btswildpig

这个是私人账号,表达的一切言论均不代表任何团队和任何人。This is my personal account , anything I said with this account will be my opinion alone and has nothing to do with any group.

merlin0113

I'm one of the "victims", I don't know what to do but I do think the situation need some changes!

Thanks alt!

agree

bts id: agree

alt

many people ask me to buy BITUSD or BITCNY to cover,
because there is not enough  bitusd and bitcny at market now. what ever price.
this is not fair to the short.
so I suggest to stop market engine emergency, any thought?