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Offline fumanchu808

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When will short function work?
« on: September 09, 2014, 04:32:04 AM »

Hello, noticing I still can't purchase other peoples shorts. When will that be fixed?

Offline hughmanwho

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Re: When will short function work?
« Reply #1 on: September 09, 2014, 05:48:11 AM »
Also, how does shorting work?

Offline tonyk

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Re: When will short function work?
« Reply #2 on: September 09, 2014, 06:13:31 AM »
Also, how does shorting work?

I thought you a market expert... predictions... 'Do not say I did not warned you?'

Shorting works this way in my view - "You take a scissors, and you threaten to shorten your own tong whenever you are ready to say something stupid"  ... that's shorting regarding talking.

Regarding pants, you just take the above mentioned  scissors and you cut them to the desired length...
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline hughmanwho

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Re: When will short function work?
« Reply #3 on: September 09, 2014, 06:31:53 AM »
Also, how does shorting work?

I thought you a market expert... predictions... 'Do not say I did not warned you?'

Shorting works this way in my view - "You take a scissors, and you threaten to shorten your own tong whenever you are ready to say something stupid"  ... that's shorting regarding talking.

Regarding pants, you just take the above mentioned  scissors and you cut them to the desired length...

I know what shorting is.. sorry wasn't specific enough.  How does shorting work in BTSX?

When you put up collateral what happens if the price rises so high that the collateral would be eaten away.. do you lose the collateral and the item you shorted?  And do you have to borrow it from someone to short or is all BTSX shorting basically naked shorting by means of creating assets out of thin air?

Offline tonyk

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Re: When will short function work?
« Reply #4 on: September 09, 2014, 06:46:53 AM »
Also, how does shorting work?

I thought you a market expert... predictions... 'Do not say I did not warned you?'

Shorting works this way in my view - "You take a scissors, and you threaten to shorten your own tong whenever you are ready to say something stupid"  ... that's shorting regarding talking.

Regarding pants, you just take the above mentioned  scissors and you cut them to the desired length...

I know what shorting is.. sorry wasn't specific enough.  How does shorting work in BTSX?

When you put up collateral what happens if the price rises so high that the collateral would be eaten away.. do you lose the collateral and the item you shorted?  And do you have to borrow it from someone to short or is all BTSX shorting basically naked shorting by means of creating assets out of thin air?

Yes, you create the asset by shorting it.

Yes, you lose some/all the collateral (the item you shorted is you already 'lost', as you know), if the price moves in unfavorable direction. Margin call is at 75% of you collateral.


....

And again how did you  manage to make your bold predictions without that info... Charts????

« Last Edit: September 09, 2014, 06:49:03 AM by tonyk »
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline fumanchu808

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Re: When will short function work?
« Reply #5 on: September 09, 2014, 08:40:23 AM »
Still no word on when the feature will be working again? See plenty of shorts that I'd like to be on the other side of but attempting to buy them just leaves my order hanging indefinitely.

Offline James212

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Re: When will short function work?
« Reply #6 on: September 09, 2014, 09:03:00 PM »
Still no word on when the feature will be working again? See plenty of shorts that I'd like to be on the other side of but attempting to buy them just leaves my order hanging indefinitely.

Check the newly release version 4.13 I believe it is fixed in that one. 
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Offline xeroc

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Re: When will short function work?
« Reply #7 on: September 09, 2014, 09:05:14 PM »
binary releases might take some more hours to be published ..
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Offline tonyk

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Re: When will short function work?
« Reply #8 on: September 09, 2014, 09:09:30 PM »
binary releases might take some more hours to be published ..

Apple is first...as usual... I hate apple....
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline bytemaster

Re: When will short function work?
« Reply #9 on: September 09, 2014, 09:17:37 PM »
binary releases might take some more hours to be published ..

Apple is first...as usual... I hate apple....

Windows is SLOW to compile :)
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 Troglodactyl

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Re: When will short function work?
« Reply #10 on: September 09, 2014, 10:39:22 PM »
Also, how does shorting work?

I thought you a market expert... predictions... 'Do not say I did not warned you?'

Shorting works this way in my view - "You take a scissors, and you threaten to shorten your own tong whenever you are ready to say something stupid"  ... that's shorting regarding talking.

Regarding pants, you just take the above mentioned  scissors and you cut them to the desired length...

I know what shorting is.. sorry wasn't specific enough.  How does shorting work in BTSX?

When you put up collateral what happens if the price rises so high that the collateral would be eaten away.. do you lose the collateral and the item you shorted?  And do you have to borrow it from someone to short or is all BTSX shorting basically naked shorting by means of creating assets out of thin air?

And no, there's no naked shorting.  Shorts are initially backed with 200% BTSX collateral, and are called if the ratio drops to 150%.

 

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