Author Topic: Bitshares for Android/Iphone  (Read 2374 times)

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Offline oco101

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If i understated it correctly the margin call happens when the value of the backing (bitshares) falls to less than 150% of the value of the BitAsset, if that happens there is automatic 5% transaction fee taken by the network.

Take a look here good explanation of Bitshares X and some examples.
http://btcgeek.com/bitshares-guide/

Offline mx1000

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There are plans for mobile apps, and also a bounty out for a browser based local wallet.  This should enable basically any internet enabled device to access BitShares.

Assets must be included from genesis in a chain.  Anyone can create additional chains with new assets, but that's only useful if the assets you choose appeal enough that others accept your chain to use it with you.

Hope that helps some...
Thanks, but these chains run on their own blockchain (Angel Shares Explorer) and not BTC block chain like mastercoin right ?

-5% yearly
-transaction fees and  and margin-call fees are used to pay dividends.
Thank you for clarification.

What is 'margian-call' fees exactly ?

Offline oco101

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-5% yearly
-transaction fees and  and margin-call fees are used to pay dividends.

Offline Troglodactyl

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There are plans for mobile apps, and also a bounty out for a browser based local wallet.  This should enable basically any internet enabled device to access BitShares.

Assets must be included from genesis in a chain.  Anyone can create additional chains with new assets, but that's only useful if the assets you choose appeal enough that others accept your chain to use it with you.

Hope that helps some...

Offline mx1000

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Will there be an app written for android and/or iphone ?

Also with bitshares, its possible to create you're own assets ?

Also how will the anonymity be with bitshares when you cashout back to real money/items ?

and in the vid they named bitGold aswell, but can anyone create a bitNAME or is this just pre-programmed ?

And people who hold bitshares, have a 5% increase in dividend.
Monthly, or yearly base ? Also how it works when all accounts are active there fore no 'lost' accounts to share dividents from?

Btw, making this vid
https://www.youtube.com/watch?v=5BV55IrZi7g
similiar like the what is bitcoin vid, will give it more popularity. Currently is little bored to listen/watch when you barely know/understand what it is (imo)
https://www.youtube.com/watch?v=Um63OQz3bjo

 :-\