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When will pegging start?

Started by Gentso1, August 22, 2014, 03:16:48 PM

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Gentso1

Quote from: Riverhead on August 22, 2014, 05:22:01 PM

Depends on the Rose I guess :)



Hopefully these roses don't have a thorn
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Riverhead


Depends on the Rose I guess :)


bytemaster

Quote from: Riverhead on August 22, 2014, 04:24:12 PM
Quote from: ebit on August 22, 2014, 04:22:11 PM
rose:btsx trade is begin


I am guessing we do not need a rose market feed :)

These types of markets may form in the future... but right now there is little demand to hedge against changes in the value of a ROSE relative to BTSX
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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.

Riverhead

Quote from: ebit on August 22, 2014, 04:22:11 PM
rose:btsx trade is begin


I am guessing we do not need a rose market feed :)

ebit

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liondani

Quote from: bytemaster on August 22, 2014, 03:47:06 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 !!!
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Gentso1

Quote from: bytemaster on August 22, 2014, 04:05:13 PM
Quote from: delulo on August 22, 2014, 04:04:04 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.
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bytemaster

Quote from: delulo on August 22, 2014, 04:04:04 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: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

santaclause102

Is it possible to predict any range? days? weeks?

liondani

Quote from: bytemaster on August 22, 2014, 03:47:06 PM
Quote from: liondani on August 22, 2014, 03:46:01 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)
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bytemaster

Quote from: liondani on August 22, 2014, 03:46:01 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: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

liondani

I suggest we start with market-peg & bitAssets when the BTSX price starts to drop...  :P
[url="https://www.steempeak.com/@liondani"]https://www.steempeak.com/@liondani[/url]

Gentso1

Quote from: bytemaster 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.

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.
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bytemaster

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: [url="http://bytemaster.bitshares.org"]http://bytemaster.bitshares.org[/url]
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.

Gentso1

Quote from: toast on August 22, 2014, 03:22:18 PM
Quote from: Gentso1 on August 22, 2014, 03:20:31 PM
Quote from: emski on August 22, 2014, 03:18:42 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?
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emski

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toast

Quote from: Gentso1 on August 22, 2014, 03:20:31 PM
Quote from: emski on August 22, 2014, 03:18:42 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.

Gentso1

Quote from: emski on August 22, 2014, 03:18:42 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.
[url="http://cryptosmith.info/index.php"]http://cryptosmith.info/index.php[/url] Gentso and Thom
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emski

Recommendations are not to publish price feeds yet.
[url="https://bitsharestalk.org/index.php/topic,9857.0.html"]https://bitsharestalk.org/index.php/topic,9857.0.html[/url]

Gentso1

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?
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