Staff Meeting Notes - Monday, April 20, 2015

[speedy]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

How about Stan tries to get you to buy another rumor, there is no fact. Sorry Stan but for me these comments dont help.

I am comfortable with having those who trust me get a little advantage.

 

we trusted you before,and we were trapped,so please stop release this kind of  troll again.

When has Stan or any of the rest of the team ever let you down? BitShares keeps getting better and better, and you can see its getting more accessible with onramps, instant web wallets etc.

The fact that Stan cant reveal everything to me makes perfect sense. If I was a big established player/exchange about to integrate my orderbook with BitShares, I wouldnt announce anything until I accumulated my position from all the weak hands. I wouldnt want forum regulars to frontrun me.

[lzr1900]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

How about Stan tries to get you to buy another rumor, there is no fact. Sorry Stan but for me these comments dont help.

I am comfortable with having those who trust me get a little advantage.

 

we trusted you before,and we were trapped,so please stop release this kind of  troll again.

[lzr1900]

someone remember they once said "big thing","epic epic" is coming?
guess what,nothing happen...and the price fall about 10X...
never believe stan again.

[btswildpig]

just a reminder ,  there is no "absolute rise" on good news .....sometimes price will still drop or stay the same at good news ....
Your good news maybe someone else's boring news .

[Stan]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

How about Stan tries to get you to buy another rumor, there is no fact. Sorry Stan but for me these comments dont help.

I am comfortable with having those who trust me get a little advantage.

 

[donkeypong]

Not really a hyped up statement just a mere "something is up".

For some of us, the "something is up" is itself a hyped statement (and if it's coming from Stan, I mean that in a good way). For the rest of the world, if they don't have the trust I do, they'll have to buy on the upswing.

[robrigo]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

How about Stan tries to get you to buy another rumor, there is no fact. Sorry Stan but for me these comments dont help.

Oh there's some facts. Just some elusive ones!

[stuartcharles]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

How about Stan tries to get you to buy another rumor, there is no fact. Sorry Stan but for me these comments dont help.

[btswildpig]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

How about:

Buy the Rumor, Short the Fact 

That would be wrong .
It should be Short the rumor , Cover the Fact ......

[iHashFury]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

How about:

Buy the Rumor, Short the Fact 

[nomoreheroes7]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

Is it really that good Stan? Can you tell me more? Please tell me more. 

[Stan]

Buy the Rumor, Sell the Fact

Um,  Buy the Rumor, HODL the Fact.   

[Gentso1]

I like this.


Not really a hyped up statement just a mere "something is up".

I think you are starting to get the hang of this

[CLains]

[Globally Distributed]

Meanwhile, I would recommend you attend the regular Fuzzy Friday town hall meetings the rest of this spring semester. Bytemaster seems to have become a bit more talkative lately.

Last mumble was insane.  I'm sure BM spilled plenty of beans.

#5 black swan protection

We should trademark that term.

The "arbitration" of the least collateralized (or most leveraged) positions to force liquidity = BLACK SWAN PROTECTION (forced liquidity)

Those trading on margin (or at least with low collateral) will be the ones getting called to arbitration (to maintain liquidity), while those who want to invest and play Rip Van Winkle, can just adequately collateralize their positions, and never have to worry about getting called to arbitration.

Realistically, once volume and liquidity pick up, then this obscure "arbitration = black swan protection" mechanism will probably be forgotten by the masses because the market will function well without it.

What will be the lowest level of collateral be?  Will leverage be allowed? How much?

These are the last tiny details that need to be ironed out prior to implemmentation.

Black Swan Protection means that BitShares cannot fail, but it can liquidate (to save the system)(the riskiest or highest leveraged positions first)(therefore the free market battle for survival here involves investors having to calculate the most lucrative levels of collateralization for their investments)(winners get the highest returns at the highest leveraged positions)(losers either overcollateralized and did not make as much profit as they could on their trades or they get called to arbitration getting stopped out of their position in the process)(both losing cases and all winning cases have netural effects on the overall security of the system against failure or liquidity drying up).  So basically, you can trade all you want, anyway you want, and liquidity will always be there.

Great idea!  How can we begin?