When there is a debt position with 112% collateral ratio, Increasing MSSR to 112% or more will trigger GS immediately.

Why did you guys waited so long ?People asked for it for a long time and just once its not possible anymore you guys start replying ?

need to work out a SOP for witnesses  to guide them how to manipulate the price in order to help to avoid the BS. I am wondering if committee  can fire a curfew to stop price feed before BS

more manipulation ?
Bitshares a decentralised exchange or a fully manipulated exchange with centralised power ?


Thanks to the idiocy settings of BSIP42 and the total lack of any actions for weeks even everyone could clearly see margins are not being filled when price is moving down you just killed the bitusd market.The few liquidity it had moved to bitcny.
You just killed a whole decent market and many investors already wrote good bye bitshares.Chinese investors threaten to leave should bitcny trigger a global settlement and still no action at all.
48h passed the global settlement price for bitcny didn't moved a single point down.
Stupid developers and commitee members talking what to change after the bear market instead of trying to lower at this moment the global settlement price of bitcny.

You just created a 150 million BTS sell wall at $0.051 which is going to surpress BTS price to recover quickly as it always did.

where are bitcrab and xeroc now ?

Giving smart advices don't risk money you are not able to lose ?
Anyone of you see them trying to save the situation which they caused with their BSIP42 settings or indirect agreement to implement it to BitUSD where the whole community was against it ?

I asked both of them weeks ago if they will take full responsability for the global settlement their actions will cause.
Of course i have not received any answer.
Instead i read now poor comments that we had been global settled earlier if not BSIP42 .

Don't understand me wrong i'm not against pegging bitassets at all but when you see that no margin call is being filled in a down move its just a matter of time getting it triggered in a bigger down move.Everyone knew it abit and bitcrab even openly said that they can't avoid it and still they didn't even tried to get the margin call filled.

But hey at least bitusd had the last couple of weeks a nice peg......which is now broken anyway

We are now so much smarter and gained know how at the expense of peoples money.
GDEX getting now full attention since its dominating the bitcny market where everyone else focused on bitUSD which market is now down.


Also you guys can now explain to me again which business you were talking about is going to implement now bitusd ?

Market moving down as predicted and no buy orders are being taken by open margin calls to increase the CR price diffrence between real market price and margin call price 0.04 bitcny

You need coindesk to carry it.

Look at this article that Edan Yago wrote:
https://www.coindesk.com/there-is-no-bitcoin-what-the-sec-doesnt-get-about-cryptocurrency

...do some more research, the guy isn't really a journalist. Click his name, he does 1 or 2 articles a year.

But his opinions were published. His CementDAO was featured at the top of the article "for free".

Coindesk (which a lot of people read) rarely reports on Bitshares -- whether we think we're important or not. That is because we haven't followed this:

https://docs.google.com/document/d/1KDyOEwISAR9UWDa7qP-Gg5-Nm0wvBFT_IlgqboxXbco/edit

Simply blogging, and sending out tweets, requires you to build your own following.   Take an existing following and get those eyeballs to see what you have to write about... coindesk gives free advice on how to get that done.  Other publications will tell you how to get it done there too..

He is an Editor for coindesk.
Contacting Editors instead the news website always makes sense since its way cheaper and second the article won't be displayed as sponspored.

With regards to Twitter, a paid campaign is very cheap and reaches large numbers of users and you can set it up so you only pay for link clicks etc. So we would only be paying for people who actually read the articles. No need to build up a following.

Its mainly bot traffic.

yes, BSIP42 sometimes make the feed price 10% more higher than the market price, but then how? it enhance the peg, it make bitCNY and bitUSD real stablecoin.

You know how you can define best that current BSIP42 is a failure in regards of releasing pressure ?
Comparing BitCNY with BitUSD.
BitCNY a high liquid market had nearly the same CR like BitUSD which has clearly a lack of liquidity.
If BSIP42 worked so great how come that a liquid market like BitCNY had nearly the same result like a non liquid market ?
The answer at both bitassets margins call's haven't been filled at all.
And wouldn't there be feed manipulation on bitusd the lowest CR of BitUSD of a non liquid market would be higher than the CR of BitCNY which is a way higher liquid market.

这将是一个快速转储，并在我看来快速回升到4000美元以上，如2014年

BTC价格很高可能会上涨至3500美元。
需要不惜一切代价快速筹集BitCNY的CR。
知道我们可以增加CR，在BTC底部如此接近黑天鹅甚至会更加困扰。

Quote from: Thul3 on November 22, 2018, 08:30:56 am

Quote from: bitcrab on November 22, 2018, 08:02:47 am

this is just we want, please go through BSIP42 to understand the logic.

There is no logic if the price will continue to drop.
You just don't allow the global settlement price to be lowered by eating margin calls.
Since its already so close for bitUSD to get margin called the only logic would be know to eat the margin wall without a big premium from real market price to lower quickly the global settlement price.
Instead of that you manipulated the feed price so much that nearly no margin is being eaten to lower the global settlement price.
Are you going to take responsability for that global settlement for not allowing the global settlement price to go lower ?
It needs to move to under 3 cents since the bear market is still intact

there's several big issues need to be resolved step by step in Bitshares.

one is that the smartcoin does not peg accurately enough, BSIP42 is to solve this problem, surely a dynamic MCR based solution is better but unfortunately some bugs are there and need several months to fix, that's why BSIP42 is implemented first, and everyone can see BSIP42 really enhance the peg.

the other is the global settling, many are not satisfied with the current global settling rule and ask for update. some new suggestion is being moved forward https://bitsharestalk.org/index.php?topic=27273.0

yes, BSIP42 sometimes make the feed price 10% more higher than the market price, but then how? it enhance the peg, it make bitCNY and bitUSD real stablecoin.

margin called orders are there without being eaten? no big problem, even then we still can see the global settment price for bitUSD drop more than 3% in the past 2 days.

I believe if there is no BSIP42, things will be even worse, maybe the feed price already drop below black swan price. and all the things will be restarted.

after the global settle rule be updated, there will be no need to worry black swan, be patient.

That is not true at all.
First point your priority currently is to hold the peg of bitassets which you can't list on any decent exchanges anyway instead of fixing the high risk of a global settlement and saving the part of community which is holding collaterals which you claimed in the past to be worth most protected.
A global settlement would be a disaster of trust and a big loss of a big part of the community even the platform itself would survive without any doubt.Bitshares already lost many supporters looking now only from the side what is going to happen since they clearly don't wanna take the risk to get their collateral taken via global settlemen which BSIP42 is providing.
Its also not true claiming the CR would be now lower without BSIP42 than with it since wouldn't BSIP42 exist first of all people wouldn't be able to take extra collateral based on the manipulated feedprice so there would be no diffrence at all AND the margin wall would be eaten on its way down to current level.Maybe the BTS price would be lower which i doubt but the CR would be way higher than it currently is and the margin wall not appearing unbreakable.

For me the highest priority is currently to save all collaterals by not allowing a global settlement instead of holding a worthless pegg.
If you want to have the manipulated feedprice than at least increase the MSSR a bit so the margin gets eaten.
An increase of 3%  of global settlement price at current level is a joke.Its just a diffrence of $0.00162 in the real market.
You belive investors feel now saver with this kind of change in global settlement price ?