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Main => General Discussion => Topic started by: 常拜不败 on July 17, 2014, 01:09:16 am

Title: Public bid -----bit x (bitusd)
Post by: 常拜不败 on July 17, 2014, 01:09:16 am

Hi, everbody

I  am thinking a new way to create bit x(bitusd)----public bid

bitusd ( bid )
bitusd created by public auction weekly. if bts=usd100, bob offer 0.01bts to buy 1bitusd ,alice offer 0.011bts to buy 1bitsud, alice win. 

bitusd (spot)
alice can sell his bitusd on the spot maket.

bitusd (margin )
difference level difference risk pool, if any pool broke, doesnt affect others

   level 1 (1:1)
   level 2 (1:2)
   level 3 (1:3)
   level 4 (1:4)
   ...

bitusd (futuer, futuer option,swap,libor,note,bond market)
  ...
 
now my grandma can save her bitusd safely, do not worried about "short positions call margin"

 

Title: Re: DPOS agent offer price -----bit x (bitusd)
Post by: ebit on July 17, 2014, 01:36:14 am

May be this is a solution.

Title: Re: DPOS agent offer price -----bit x (bitusd)
Post by: chono on July 17, 2014, 01:43:25 am

Quote from: 常拜不败 on July 17, 2014, 01:09:16 am

Hi, everbody

I  am thinking a new way to create bit x(bitusd)----dpos agent ! googbye , short position call margin, goodbye short position margin level .

bitusd ( spot )
   class  I, dpos agent be the short position offer price to long position
   class II, bitusd public market

bitusd (margin)
   when bitusd spot market grown up, margin margin market start. difference level risk pool, if any pool broke, does not affect others
   level 1 (1:1)
   level 2 (1:2)
   level 3 (1:3)
   level 4 (1:4)
   ...
 

BITUSD SPOT MARKET

   DPOS agent offer price  —— bit x (bitusd)

   bitusd market price /depth         dpos agent offer price / vol.           bitusd long  position     bitusd usd exchange market

   1bts ＝usd100         1000bts      1bitusd = 0.011bts      1000bts       0.011bts                     1bitusd = 1 usd
   1bts = usd1000       1000bts      1bitusd = 0.0011bts    1000bts       0.0011bts                   1bitusd = 1 usd

 +5%

Title: Re: DPOS agent offer price -----bit x (bitusd)
Post by: yellowecho on July 17, 2014, 01:50:45 am

Very interesting!  I'm looking forward to further discussion (pros/cons) about this.

Title: Re: DPOS agent offer price -----bit x (bitusd)
Post by: gyhy on July 17, 2014, 01:53:37 am

 +5%

Title: Re: DPOS agent offer price -----bit x (bitusd)
Post by: tonyk on July 17, 2014, 01:57:23 am

Great I idea.... ahhh not really.

So I am Agent (Agent86 will lend me his name for this experiment if you do not trust me).

Now come and buy(for real BTS X), the bitUSDs I am offering.

Title: Re: DPOS agent offer price -----bit x (bitusd)
Post by: NewMine on July 17, 2014, 02:26:56 am

Don't follow.  I think something's are lost in translation. No offense.

Are you trying to have a Market Maker?  You don't need that if everyone who has the correct collateral can put a Bid to buy or an Ask to sell, or both at the same time. You just don't have a guarantee of a market unless a certain depth is reached.

I think it is something most people won't get or believe until they see it and participate in he actual market.