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Messages - lil_jay890

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886
Shorting is simple.

If the buy wall is at 154 and the sell wall is at 156

Place a buy order for 500 BitUSD at 155 (don't hit confirm)

Place a short order for 500 BitUSD at 155 (don't hit confirm)

Now hit confirm on both orders and wait for them to fill each other

sell your BitUSD and you are now short.

Do this every 30 days to roll your position over.

Because so many people got burned on the 30 day rule expiring on them, they are gun shy.  But when the 2.0 version starts testing, then everybody will be doing it, so by then it will be too late to short at these prices.

I think the method you describe above only works when there are no expired shorts sitting on the order book... If you do this when there are expired shorts, they will buy up the bitUSD you are shorting and you will still be left with an open buy order for bitUSD.

887
All the alt coins seem to be traded by the same people.  The same amount of money is sloshing back and forth between the top 10 alts.  Bitcoin has the lowest barrier to entry, so it makes sense that its market cap is rising before bts.  I think this is a good thing because soon these new bitcoin holders will discover bts and hopefully move some of the capital to it.

The rises and falls over the last few months have little to do with fundamentals... its hot money and momentum chasers moving the markets.

888
From what I can tell both Cass and Ken are hard workers.  They may have different methods for how they work, but I believe you guys are working towards the goal of mass adoption for bts.  There is more that one way to skin a cat.

It sounds like this disagreement is something that got lost in translation.  Using forums to express intent and ideas is difficult because of the lack of context.  I have a lot of respect for both of you and I think you guys can be that much more effective if you work together.

889
Ken would be able to get voted in much faster if he could garner some support from the bitshares china community.  I know @btswildpig is a bridge between the two communities.  Maybe wildpig could reach out to the Chinese side if he likes what ken brings to the table.

I for one am very impressed with what ken has already done for bitshares using his own funds and believe he would do a great job with a fully fledged delegate position.

@bytemaster would you consider voting for kencode?  Or do you think there is more he needs to bring to the table.  He has done a great job getting us interviews with cointelegraph and he is bringing new businesses to bitshares.  He recently just brought in ZappTales.

890

Global markets are a farce.... USA or someone in the west saw this as a perfect opportunity to take advantage of China's greed and smash their economy behind the Vail of "market forces

891
Global markets a a farce.... USA or someone in the west saw this as a perfect opportunity to take advantage of China's greed and smash their economy behind the Vail of "market forces"...

892
Markets have already discounted the halfing... Price won't double because of the halfing, i will guarantee that

893
General Discussion / Re: Announcing Brownie Points (BROWNIE.PTS)
« on: July 02, 2015, 06:40:09 pm »
Good idea Bytemaster,

I set up the interview with FXStreet.com that Max Wright did with Dale Pinkert about bitshares last year.  It was done over a couple weeks and probably took an hour or 2 of writing emails and setting things up.

Bts Id: mattjohnson

894
This is the most impressive announcement in bitshares history so far... Why is the price falling? It's baffling.

They are still just announcements... bitshares has had a ton of them in it's life cycle.  Until 2.0 is released, investors are going to be conservative with their money.  Once these companies actually start using the block chain, then investors will take notice and the price will move up.



"just announcements"... as in you think the markets believe this is most likely a lie? The dev team has lost some credibility, sure, but the chances of this being an outright lie seem vanishingly small - that's just the only scenario i can think of where markets would actually sell off on news like this. I guess crypto markets are just really, really inefficient lol.

I do believe that these announcements are true and I'm sure that these companies have every intention to make use of the BTS blockchain, I'm sorry I should have been more clear in my first post.  But crypto investors were promised a 1.0 release since November and they never got one, so it's understandable that they will wait until the partnerships are actually functioning before they invest.  Any unforeseen event or bug could derail these agreements, and investors buying these announcements would be sitting there with egg on their face.

There's an old saying in investing "those who buy newspaper headlines today, sell newspapers tomorrow" 

895
This is the most impressive announcement in bitshares history so far... Why is the price falling? It's baffling.

They are still just announcements... bitshares has had a ton of them in it's life cycle.  Until 2.0 is released, investors are going to be conservative with their money.  Once these companies actually start using the block chain, then investors will take notice and the price will move up.

896
Yes, I dont understand why Ken is still not a delegate.
Perhaps bring this up before a mumble session where the core devs are present.

I think that would be a great idea to bring it up on next Fridays mumble.

897
I've setup a brand new youtube channel for BitShares Munich.
 
Why? "google food".
I have 3 videos on there now, and have 3 more coming over the next 2 weeks.
 
As I can afford more, I'll be making a LOT more. Call them "google food".. subtitles, multi-lingual, descriptions, tags, playlists, vimeos and all.
 
BitShares Munich (right now) is a small team of 6 guys (including myself) that are bringing BitShares and CCEDK to all of Europe and Africa (at a minimum).
  • Crypto Coaching services
  • Point Of Sale Systems (POS) api: bitsharestalk.org/index.php/topic,17314.0.html
  • Cold storage devices, store signage, QR wearables, shirts and hats, etc.
  • BitShares Munich Expo (similar to TexasBitcoinConference)

BitShares POS alone will bring in MILLIONS of transactions.
 
As soon as we get 500 subscribers, google will let us register a custom URL, such as "youtu.be/BitsharesMunich" which in turn gives us a ton of brand recognition and more links to fill google search results (ie: google food). I have the seo/sep skills to not only get us to #1 on google, but to FILL the first 3 or 4 pages of google results making it impossible for competitors to be seen.
 
1. PLEASE take a second to help us reach that 500 Subscriber mark, we need the "google food":
Like, Subscribe & Share: https://www.youtube.com/channel/UCb78hNwIPH_44DnpvFrA-NQ
 
2. PLEASE also vote for delegate.kencode Thank You :)

Ken, the work that you are doing is great and I really believe you should have been voted in to the top 101 delegates.  Have you contacted bytemaster and shown him how much work you have been doing to promote bitshares.  I believe you have done more than almost all are other marketing delegates combined.  His votes would likely propel you into the top 101.

898
General Discussion / Re: Dan is doing the right thing .. again!
« on: June 30, 2015, 04:45:26 am »
Do you guys realize newmine doesn't respond to rabid bitshares defenders..? Maybe try saying something to him other than he is being "too negative"

899
General Discussion / Re: Massive Buy Order on the DEX for bitUSD
« on: June 29, 2015, 06:34:57 pm »
Ya I've been wondering about this order.
Its bid has been changing right?

Oh it might be all the expired shorts that still need to cover... that would explain the changing bid

900
General Discussion / Massive Buy Order on the DEX for bitUSD
« on: June 29, 2015, 06:14:37 pm »
Anyone see this $60,000 buy order for bitUSD on the DEX?  Either someone is very bearish bts, or maybe they are thinking of making payments to people it bitUSD.  Would be great if it's the latter of the two.

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