BitUSD/BTC BitUSD/USD markets are ready on Bter.com

[matt608]

I withdrew btsx from bter yesterday with no problems.

[freeworm]

BTER is again experiencing problems with BTSX products...

After failing repeatedly my BTSX and bitUSD withdrawals claiming my account is not registered, I finally decide to use my public key. Now it says -'Waiting for balance...' for 20 min already.

Fixed. Thanks.

[zerosum]

BTER is again experiencing problems with BTSX products...

After failing repeatedly my BTSX and bitUSD withdrawals claiming my account is not registered, I finally decide to use my public key. Now it says -'Waiting for balance...' for 20 min already.

[wasthatawolf]

Should have done BTC/BITUSD instead of BITUSD/BTC, given that, this is the price most exchanges use. It is quite confusing because now people have to change the price from X to 1/X.

I agree, this should definitely be adjusted.

OK, adjusted.

Awesome!

[Riverhead]

Now if only there were BitUSD buyers.

So I have some BTC coming online today that I'm going to put into the BitShares-X ecosystem. Are current market conditions such that I'm better off going straight to bitUSD?

Disclaimer: I will not hold you to anything about market speculation. I'm simply soliciting other's opinions :) .

I put together a theory here: https://bitsharestalk.org/index.php?topic=7735.0

Good stuff, thanks.

[bitmeat]

Now if only there were BitUSD buyers.

So I have some BTC coming online today that I'm going to put into the BitShares-X ecosystem. Are current market conditions such that I'm better off going straight to bitUSD?

Disclaimer: I will not hold you to anything about market speculation. I'm simply soliciting other's opinions :).

I put together a theory here: https://bitsharestalk.org/index.php?topic=7735.0

[Riverhead]

Now if only there were BitUSD buyers.

So I have some BTC coming online today that I'm going to put into the BitShares-X ecosystem. Are current market conditions such that I'm better off going straight to bitUSD?


Disclaimer: I will not hold you to anything about market speculation. I'm simply soliciting other's opinions :).

[bitmeat]

Now if only there were BitUSD buyers.

[mbaeichapareiko]

Very impressive  Congratulations all contributors    :) :) :) :)

I am also quite amazed how well btsx has traded with this correction.  Very professional, looks like it will be a long term winner.  maybe consider yourself lucky to be involved early.

[bitcoinerS]

A few comments:

1. bter.com is using wrong supply amount when calculating BitUSD market cap.

Current supply: 226,286.5561 BitUSD

Code Select Expand


>>> blockchain_get_asset USD
{
  "id": 22,
  "symbol": "USD",
  "name": "United States Dollar",
  "description": "1 United States dollar",
  "public_data": "",
  "issuer_account_id": -2,
  "precision": 10000,
  "registration_date": "20140719T000000",
  "last_update": "20140719T000000",
  "current_share_supply": 2262865561,



2. Also, there should be concistency in BitUSD listings.
Currently we have pairs
BITUSD/USD
https://bter.com/trade/BITUSD_USD
BTC/BITUSD
https://bter.com/trade/BTC_BITUSD

3. bter should add pair
USD/BTSX

[mf-tzo]

Stop talking nonsense...The fact that yours is good does not mean 'all is good'....

I assumed that since I saw my balance everyone else would see as well their balance that's why I said "all good". I didn't want to imply something else.Of course if others don't see their balance that is not "all good"

[tonyk]

I can see the same amount of PTS that I had under PTS_3 so I assume that all is good.

Stop talking nonsense...The fact that yours is good does not mean 'all is good'....

Now on the main issue with bter's, freeworm.

First you (BTER) claims that you will honor the snapshot (For VOTE/DNS DACs, or as you call it PTS_S3 PTS_S  )

Using anything other than the official snapshot time August 21 11:59:59 pm UTC is unacceptable!

Doing anything else, is giving shares in those DACs to arbitrary selected people having arbitrary selected PTS position in BTER!

Doing the above is not honoring the PTS!

Please fix it - All accounts that had PTS at 11:59:59 pm UTC ,August 21 , should receive the corresponding amounts of shares in those DAC's!

+1 I contacted bter with request to resolve snapshot and got no response

Sent from my SCH-I535 using Tapatalk

Please refer to my correspondence with bter for resolving the matter: https://bitsharestalk.org/index.php?topic=7060.msg100161#msg100161. I had to re-open my ticket and explain to them their flawed logic. They did make it right by me and I would assume they will with everyone else. It shouldn't have to be a manual "opt-in" process like this, though.

They must keep their promise for everyone, there is no need everybody to send them separate ticket....

[robrigo]

Now on the main issue with bter's, freeworm.

First you (BTER) claims that you will honor the snapshot (For VOTE/DNS DACs, or as you call it PTS_S3 PTS_S  )

Using anything other than the official snapshot time August 21 11:59:59 pm UTC is unacceptable!

Doing anything else, is giving shares in those DACs to arbitrary selected people having arbitrary selected PTS position in BTER!

Doing the above is not honoring the PTS!

Please fix it - All accounts that had PTS at 11:59:59 pm UTC ,August 21 , should receive the corresponding amounts of shares in those DAC's!

+1 I contacted bter with request to resolve snapshot and got no response

Sent from my SCH-I535 using Tapatalk

Please refer to my correspondence with bter for resolving the matter: https://bitsharestalk.org/index.php?topic=7060.msg100161#msg100161. I had to re-open my ticket and explain to them their flawed logic. They did make it right by me and I would assume they will with everyone else. It shouldn't have to be a manual "opt-in" process like this, though.

[mf-tzo]

I can see the same amount of PTS that I had under PTS_3 so I assume that all is good.

[toast]

+1 I contacted bter with request to resolve snapshot and got no response

Sent from my SCH-I535 using Tapatalk

[tonyk]

Now on the main issue with bter's, freeworm.

First you (BTER) claims that you will honor the snapshot (For VOTE/DNS DACs, or as you call it PTS_S3 PTS_S  )

Using anything other than the official snapshot time August 21 11:59:59 pm UTC is unacceptable!

Doing anything else, is giving shares in those DACs to arbitrary selected people having arbitrary selected PTS position in BTER!

Doing the above is not honoring the PTS!

Please fix it - All accounts that had PTS at 11:59:59 pm UTC ,August 21 , should receive the corresponding amounts of shares in those DAC's!

[freeworm]

Should have done BTC/BITUSD instead of BITUSD/BTC, given that, this is the price most exchanges use. It is quite confusing because now people have to change the price from X to 1/X.

I agree, this should definitely be adjusted.

OK, adjusted.

[bytemaster]

This is great but bter.com should use proper supply to calculate market cap. Currently they use 2B as supply for BitUSD which is incorrect.

Close enough at this point :)

[bitcoinerS]

This is great but bter.com should use proper supply to calculate market cap. Currently they use 2B as supply for BitUSD which is incorrect.

[Riverhead]

Wow this has been an impressive day. I've never seen a community so productive and accomplish so much in such a short amount of time.

Everything is rolling on all cylinders.

+5%

[Gentso1]

bitUSD is not on bter at the moment.  I actually lost my balance on there somehow...just so everyone knows.

The second link posted is wrong  it goes to litecoin/btc ......

[bitmeat]

bitUSD is not on bter at the moment.  I actually lost my balance on there somehow...just so everyone knows.

Mine is there: https://bter.com/trade/btc_bitusd

They just reversed the peg.

[fuzzy]

bitUSD is not on bter at the moment.  I actually lost my balance on there somehow...just so everyone knows. 

[robrigo]

if you withdraw bitUSD from Bter is the fee 1% like btsX?

Nope... BM said it wasn't in another post I believe.

[Akado]

if you withdraw bitUSD from Bter is the fee 1% like btsX?

[testz]

Amazing!  +5%

[robrigo]

The "Trade" link on the bitUSD line in "Account" on BTER is still pointing at the stale link (https://bter.com/trade/BITUSD_btc). Please update with the new one. Thanks!

[bitmeat]

AMAZING!

Should have done BTC/BITUSD instead of BITUSD/BTC, given that, this is the price most exchanges use. It is quite confusing because now people have to change the price from X to 1/X.

Thank you for incorporating my input so quickly!!!

Might be a good idea, to adjust the original post to include the correct link:

https://bter.com/trade/btc_bitusd

[CoinHoarder]

That is awesome.. they did this pretty fast! It is impressive!  +5%

[LiquidStorm]

 +5%

agreed its pretty impressive to say the least  ;)

[luckybit]

Deposit BitUSD at

https://bter.com/myaccount/deposit/BITUSD

and the markets are ready at

https://bter.com/trade/BITUSD_BTC

and

https://bter.com/trade/BITUSD_USD

Wow this has been an impressive day. I've never seen a community so productive and accomplish so much in such a short amount of time.

Everything is rolling on all cylinders.

Now lets get people to buy BitUSD by putting it on /r/Bitcoin Reddit, /r/Cryptocurrency etc.

[wasthatawolf]

Should have done BTC/BITUSD instead of BITUSD/BTC, given that, this is the price most exchanges use. It is quite confusing because now people have to change the price from X to 1/X.

I agree, this should definitely be adjusted.

[bitmeat]

AMAZING!

Should have done BTC/BITUSD instead of BITUSD/BTC, given that, this is the price most exchanges use. It is quite confusing because now people have to change the price from X to 1/X.

[freeworm]

Deposit BitUSD at

https://bter.com/myaccount/deposit/BITUSD

and the markets are ready at

https://bter.com/trade/BITUSD_BTC

and

https://bter.com/trade/BITUSD_USD