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Offline Gentso1

When will pegging start?
« on: August 22, 2014, 03:16:48 PM »

I understand that at least 51 delegates need to have feeds for pegging to start but what do these delegates need to do to actually start it? Is their a way to see which delegates have feeds vs which ones don't?

Offline emski

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Re: When will pegging start?
« Reply #1 on: August 22, 2014, 03:18:42 PM »
Recommendations are not to publish price feeds yet.

Offline Gentso1

Re: When will pegging start?
« Reply #2 on: August 22, 2014, 03:20:31 PM »
Recommendations are not to publish price feeds yet.

What specifically needs to happen to start publishing the feeds?

I understand why not to start yet. I just need to know what needs to happen to start it.

Offline toast

Re: When will pegging start?
« Reply #3 on: August 22, 2014, 03:22:18 PM »
Recommendations are not to publish price feeds yet.

What specifically needs to happen to start publishing the feeds?

I understand why not to start yet. I just need to know what needs to happen to start it.

We want to make sure all delegates are on 0.4.5 before we recommend publishing feeds.
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 emski

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Re: When will pegging start?
« Reply #4 on: August 22, 2014, 03:23:28 PM »
Subscribe to this thread to be informed: https://bitsharestalk.org/index.php?topic=7067.0

Offline Gentso1

Re: When will pegging start?
« Reply #5 on: August 22, 2014, 03:25:08 PM »
Recommendations are not to publish price feeds yet.

What specifically needs to happen to start publishing the feeds?

I understand why not to start yet. I just need to know what needs to happen to start it.

We want to make sure all delegates are on 0.4.5 before we recommend publishing feeds.

Yup all ready on that thread.....

Is there anyway we can see from say the client which version the delegates are on?

Offline bytemaster

Re: When will pegging start?
« Reply #6 on: August 22, 2014, 03:28:58 PM »
We will do a network scan to see where everyone is and check with various exchanges to check their version.
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 Gentso1

Re: When will pegging start?
« Reply #7 on: August 22, 2014, 03:35:48 PM »
We will do a network scan to see where everyone is and check with various exchanges to check their version.

Awesome, the idea of ticker price at the top of the forum is great, maybe a network adoption version/scale would also be nice so we can all be logged on to see it.

Its going to be a huge history moment for the network.

Offline liondani

Re: When will pegging start?
« Reply #8 on: August 22, 2014, 03:46:01 PM »
I suggest we start with market-peg & bitAssets when the BTSX price starts to drop...  :P
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

Offline bytemaster

Re: When will pegging start?
« Reply #9 on: August 22, 2014, 03:47:06 PM »
I suggest we start with market-peg & bitAssets when the BTSX price starts to drop...  :P

Yes... it would be very bad for BTSX to drop 50% for a correction just after the first BitAssets were issued... best to launch after a correction :)
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 liondani

Re: When will pegging start?
« Reply #10 on: August 22, 2014, 03:55:51 PM »
I suggest we start with market-peg & bitAssets when the BTSX price starts to drop...  :P

Yes... it would be very bad for BTSX to drop 50% for a correction just after the first BitAssets were issued... best to launch after a correction :)

 +5%

I am worried, with this strategy, that we must begin the markets after 2 months or so...  :) :P 8)
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

Offline santaclause102

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Re: When will pegging start?
« Reply #11 on: August 22, 2014, 04:04:04 PM »
Is it possible to predict any range? days? weeks?

Offline bytemaster

Re: When will pegging start?
« Reply #12 on: August 22, 2014, 04:05:13 PM »
Is it possible to predict any range? days? weeks?

Monday (so that all hands are on deck after a weekend)
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 Gentso1

Re: When will pegging start?
« Reply #13 on: August 22, 2014, 04:12:41 PM »
Is it possible to predict any range? days? weeks?

Monday (so that all hands are on deck after a weekend)

Ok so walk me through this.

You do a network scan and ideally we have 101 delegates using the newest version.
You then, click a button or do something on your end that enables the feeds. (what time is this part going to happen)
As long as enough delegates are running, feeds are started.
Once there are at least 51 delegates producing feeds market pegging starts automatically.
then the real ride up or down starts

The big reason for wanting the details is if you are looking to either buy more or get out before the sink or swim moment you need a time table to work with.

Offline liondani

Re: When will pegging start?
« Reply #14 on: August 22, 2014, 04:16:12 PM »
Yes... it would be very bad for BTSX to drop 50% for a correction just after the first BitAssets were issued...

would it be a good suggestion to propose to traders to use more than 200% collateral the first days or weeks just in case?...

Maybe it's not so bad because it would give great motives to buy bitUSDS !!!
  https://bitshares.OPENLEDGER.info/?r=GREECE  | You are in Control | BUY | SELL | SHORT | SWAP | LOAN | TRADE |  

 

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