Author [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] [EN] [ZH] [ES] [PT] [IT] [DE] [FR] [NL] [TR] [SR] [AR] [RU] Topic: Dry Run 10: Viva la Vida Delegada  (Read 2565 times)

0 Members and 1 Guest are viewing this topic.

Offline toast

Dry Run 10: Viva la Vida Delegada
« on: July 16, 2014, 10:49:44 PM »

USD/XTS market is frozen because negative cover amount means it is impossible to buy enough USD to cover.... move your bitasset testing to CNY/XTS

latest code will let you vote for delegates

https://www.youtube.com/watch?v=p47fEXGabaY

Please test our markets!

New constraints on BitAsset market:

*   All market-issued assets will have a minimum/maximum price ratio set to be wide enough to cover all eventualities.  IE: BitUSD would be limited to .0005 USD per XTS and $500 USD per XTS which is simply assuming the market cap for XTS will be between $1 trillion USD and $1 million USD.   

*  When a short position is blown out beyond the ability to cover all trading in that asset stops as this likely represents a large transient of BTS X falling in value by 50% in a very short period of time.   To resume the market someone has to sell dollars at the specified price.

*  Trading does not occur if there is at least 0.5% XTS on *both* sides of a BitAsset market.



So you might find it easier to test out user-issued asset markets since they trade at any depth, but also please place orders on USD/BTSX CNY/BTSX so we can test it. We'll help jumpstart it too.
« Last Edit: July 17, 2014, 04:32:52 PM by toast »
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline liondani

Re: Dry Run 10: Viva la Vida Delegada
« Reply #1 on: July 16, 2014, 10:59:08 PM »
On every Dry Run please provide links to github and standard steps like on the first Dry Runs so
newcomers will find easier the information's needed to get involved ASAP ;)
« Last Edit: July 16, 2014, 11:00:52 PM by liondani »
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

Offline tonyk

  • Hero Member
  • *****
  • Posts: 3309
    • View Profile
Re: Dry Run 10: Viva la Vida Delegada
« Reply #2 on: July 16, 2014, 11:07:00 PM »
Good song choice!

   :)    ;)    :D   ;D                 :)    ;)    :D   ;D              :)    ;)    :D   ;D
« Last Edit: July 16, 2014, 11:14:49 PM by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline HackFisher

  • Hero Member
  • *****
  • Posts: 883
    • View Profile
Re: Dry Run 10: Viva la Vida Delegada
« Reply #3 on: July 16, 2014, 11:33:01 PM »
Who could send 20,000,000 XTS  to me? Thanks.

Edit: I forgot to post my account name, sent to this account "hackfisher-test", thanks again.
« Last Edit: July 16, 2014, 11:36:11 PM by HackFisher »
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline toast

Re: Dry Run 10: Viva la Vida Delegada
« Reply #4 on: July 17, 2014, 12:04:54 AM »
just reduced depth requirement to 200,000 XTS so maybe we have a chance of bitasset trading
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline alt

Re: Dry Run 10: Viva la Vida Delegada
« Reply #5 on: July 17, 2014, 12:16:57 AM »
still can attack with these rules, if I have about 1% XTS.

1. use about 10^7 XTS  or more, control the price to 500USD/XTS, get about 5*10^9 USD
2. usd about 10^7 XTS or more + maybe 10^5 USD, control the price to 0.0005USD/XTS,get all the backup XTS.

Offline bytemaster

Re: Dry Run 10: Viva la Vida Delegada
« Reply #6 on: July 17, 2014, 12:26:12 AM »

still can attack with these rules, if I have about 1% XTS.

1. use about 10^7 XTS  or more, control the price to 500USD/XTS, get about 5*10^9 USD
2. usd about 10^7 XTS or more + maybe 10^5 USD, control the price to 0.0005USD/XTS,get all the backup XTS.

It is just a matter of scale.  Attacking the network in such a manner would destroy the network and make your 1% worthless.  We can set that value as high as 5% or more.  The assumption is anyone with that much steak we not want to harm the network.  No one else would participate in the network and instead could go to a new bit asset.  You and then be trading against yourself and not profit at all. 


Sent from my iPhone using Tapatalk
For the latest updates checkout my blog: http://bytemaster.bitshares.org
Anything said on these forums does not constitute an intent to create a legal obligation or contract between myself and anyone else.   These are merely my opinions and I reserve the right to change them at any time.

Offline toast

Re: Dry Run 10: Viva la Vida Delegada
« Reply #7 on: July 17, 2014, 12:31:16 AM »
what

welp I guess that's all for this round

Code: [Select]
a (unlocked) >>> blockchain_market_order_book USD XTS
                  BIDS (* Short Order)                                       |                                   ASKS
TOTAL                     QUANTITY                                     PRICE | PRICE                                        QUANTITY                     TOTAL   COLLATERAL
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
100,000,000.0000 USD      200,000.00000 XTS                   500. USD / XTS*| 1.23 USD / XTS                        5,768.48683 XTS            7,095.2388 USD
10,000.0000 USD           10,000.00000 XTS                      1. USD / XTS*| 5. USD / XTS                          5,635.83215 XTS           28,179.1607 USD
10,000.0000 USD           20,000.00000 XTS                     0.5 USD / XTS*| 7. USD / XTS                             42.00000 XTS              294.0000 USD
3,900.0000 USD            260,000.00000 XTS                  0.015 USD / XTS*| 8. USD / XTS                             23.47369 XTS              187.7895 USD
                                                                             | 8. USD / XTS                             30.00000 XTS              240.0000 USD
                                                                             | 9. USD / XTS                             10.00000 XTS               90.0000 USD
                                                                             | 9.5 USD / XTS                         1,000.00000 XTS            9,500.0000 USD
                                                                             | 10.1 USD / XTS                           20.00000 XTS              202.0000 USD
                                                                             | 10.2 USD / XTS                            2.00000 XTS               20.4000 USD
                                                                             | 11. USD / XTS                            30.00000 XTS              330.0000 USD
                                                                             | 15. USD / XTS                       100,000.00000 XTS        1,500,000.0000 USD
                                                                             | 500. USD / XTS                      200,000.00000 XTS      100,000,000.0000 USD
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                             |                                   MARGIN
                                                                             | CALL PRICE                                   QUANTITY                     TOTAL   COLLATERAL
-------------------------------------------------------------------------------------------------------------------------------------------------------------------------------
                                                                             | 5.33333333333333333 USD / XTS             2.81250 XTS1,844,674,407,370,895.1618 USD   3.75000 XTS
                                                                             | 5.33332788529704396 USD / XTS             0.61184 XTS1,844,674,407,370,942.1091 USD   0.81579 XTS
                                                                             | 3.55555407407407407 USD / XTS            67.50000 XTS              239.9999 USD   90.00000 XTS
                                                                             | 3.55554962962962962 USD / XTS            16.87500 XTS               59.9999 USD   22.50000 XTS
                                                                             | 3.55554950218602307 USD / XTS             3.67105 XTS               13.0526 USD   4.89474 XTS
                                                                             | 3.55554511348600093 USD / XTS            14.68419 XTS               52.2103 USD   19.57892 XTS
                                                                             | 3.33333333333333333 USD / XTS            64.28571 XTS              214.2857 USD   85.71428 XTS
                                                                             | 3.33333332111111103 USD / XTS         2,727.27271 XTS            9,090.9090 USD   3,636.36362 XTS
                                                                             | 3.33333331557777765 USD / XTS         3,754.69335 XTS           12,515.6444 USD   5,006.25780 XTS
                                                                             | 0.81999998503293482 USD / XTS         6,347.26975 XTS            5,204.7611 USD   8,463.02634 XTS
                                                                             | 0.01 USD / XTS                        1,050.00000 XTS               10.5000 USD   1,400.00000 XTS
Do not use this post as information for making any important decisions. The only agreements I ever make are informal and non-binding. Take the same precautions as when dealing with a compromised account, scammer, sockpuppet, etc.

Offline alt

Re: Dry Run 10: Viva la Vida Delegada
« Reply #8 on: July 17, 2014, 12:36:14 AM »

still can attack with these rules, if I have about 1% XTS.

1. use about 10^7 XTS  or more, control the price to 500USD/XTS, get about 5*10^9 USD
2. usd about 10^7 XTS or more + maybe 10^5 USD, control the price to 0.0005USD/XTS,get all the backup XTS.

It is just a matter of scale.  Attacking the network in such a manner would destroy the network and make your 1% worthless.  We can set that value as high as 5% or more.  The assumption is anyone with that much steak we not want to harm the network.  No one else would participate in the network and instead could go to a new bit asset.  You and then be trading against yourself and not profit at all. 


Sent from my iPhone using Tapatalk
But how to identify attack or normal trade?
If I control a price lower or higher than 10% of current price, does it profit me?
Every one know the price can be control, do they still believe the market consensus?


clout

  • Guest
Re: Dry Run 10: Viva la Vida Delegada
« Reply #9 on: July 17, 2014, 12:48:41 AM »
Why do shorts not require 200% collateral?

Offline sfinder

  • Hero Member
  • *****
  • Posts: 1205
  • 4 Cores CPU+100GB SSD+anti-DDoS Pro
    • View Profile
Re: Dry Run 10: Viva la Vida Delegada
« Reply #10 on: July 17, 2014, 01:18:56 AM »

 +5% +5% +5% +5%

still can attack with these rules, if I have about 1% XTS.

1. use about 10^7 XTS  or more, control the price to 500USD/XTS, get about 5*10^9 USD
2. usd about 10^7 XTS or more + maybe 10^5 USD, control the price to 0.0005USD/XTS,get all the backup XTS.

It is just a matter of scale.  Attacking the network in such a manner would destroy the network and make your 1% worthless.  We can set that value as high as 5% or more.  The assumption is anyone with that much steak we not want to harm the network.  No one else would participate in the network and instead could go to a new bit asset.  You and then be trading against yourself and not profit at all. 


Sent from my iPhone using Tapatalk

BTC or other huge coins like LTC\NXT whales refuse to withdraw from the historical stage, they use the money in their deep pocket to buy 1% XTS, then attack it to death,just to protect their stake in their coins.

By giving up the worth of 1% XTS,the whales could benefit more from their coins by killing a strong rival.
微博:星在飘我在找|BTS X 受托人delegate ID:baidu
中国教育书店合作将20%收入捐献给贫困山区学生。
Cooperating with China Education Bookstore and will donate 20% of delegate income to the poor students

Offline bitcoinerS

  • Hero Member
  • *****
  • Posts: 584
    • View Profile
Re: Dry Run 10: Viva la Vida Delegada
« Reply #11 on: July 17, 2014, 01:23:00 AM »
This is strange.. Something is wrong with latest dry run. I can not approve any delegates and looking up transactions returns null.

Code: [Select]
>>> wallet_account_transaction_history
RECEIVED            BLOCK     FROM                TO                  AMOUNT                  FEE                 MEMO                                    BALANCE                 ID     
=========================================================================================================================================================================================
...
2014-07-17T01:20:11 912       bitcoiners          bitcoiners          500.00000 XTS           0.10000 XTS                                                 37,472.30684 XTS     8143a93


Code: [Select]
default (unlocked) >>> blockchain_get_transaction 8143a93
null
« Last Edit: July 17, 2014, 01:36:28 AM by bitcoinerS »
>>> approve bitcoiners

Offline jbutta2k13

  • Full Member
  • ***
  • Posts: 51
    • View Profile
Re: Dry Run 10: Viva la Vida Delegada
« Reply #12 on: July 17, 2014, 03:48:32 AM »
Please send funds to outernat for market testing

outernat-asia
XTS85sJKbpdE6MoovoEh4QsEyb9XWy6dgqTAbu88uNJdmQHxJ8JjL

outernat-australia
XTS64n3vYEQTeD4pBpkckpUoQkMGWQU1n2veQpu8z1pt2gmWZJTcy

outernat-northamerica
XTS5KFiB4KKFaHQDssaL7HxKBXE9J1EdqT6CJRYW5cbykn42yPJsG

Thanks

Offline bdnoble

  • Full Member
  • ***
  • Posts: 116
    • View Profile
    • Home Page
Re: Dry Run 10: Viva la Vida Delegada
« Reply #13 on: July 17, 2014, 04:54:33 AM »
So as far as I can tell there are no transactions being made in this chain at all. They are accepted and not pending but all blocks look empty from here.


Sent from my iPhone using Tapatalk
:)

Offline bitcoinerS

  • Hero Member
  • *****
  • Posts: 584
    • View Profile
Re: Dry Run 10: Viva la Vida Delegada
« Reply #14 on: July 17, 2014, 06:03:04 AM »
So as far as I can tell there are no transactions being made in this chain at all. They are accepted and not pending but all blocks look empty from here.


Sent from my iPhone using Tapatalk

 +5%
>>> approve bitcoiners

 

Google+