witness.hiblockchain and sahkan-bitshares, could you please explain why your feed price is reasonable?

现在的问题是bitUSD一直进入不了随爆随吃状态，就又给做空攻击提供了机会。

unvoted datasecuritynode. poor price feeding.

As MSSR values, 1% and 2% are different at:

1. 1% will lead to better pegging at time while margin call price impact the expectation on BTS price.

2. 1% reduce the benefits of shorting BTS in half.

3. lower MSSR will make the margin call orders a little more difficult to be eaten. and may lead to some risk accumulation.

We have seen that bitCNY behaved well after the MSSR was reduced to 1.01.

Now bitUSD has a MSSR of 1.02, what we can see is that bitUSD has a 2%+ premium.

I feel it's time to bring a better pegging to bitUSD.

GS protection is already implemented in bitUSD, so no need to worry too much on black swan.

Please find BSIP59 Doc: https://github.com/bitshares/bsips/blob/master/bsip-0059.md for detailed info of BSIP59.

Two worker proposals have been created for this poll:

1.14.207   Poll - BSIP59 - Reduce MSSR of bitUSD to 1.01

1.14.208   Poll - BSIP59 - Keep MSSR of bitUSD as 1.02

please consider the 2 choices carefully before you vote.

      这个思想是个亮点，让BITCNY贬值来对抗BTS价格下跌。市场下跌CNY贬值，这太重要了！现在的机制是市场下跌CNY溢价，这个现象必须改变。
   另外，LIBRA即将问世，稳定币市场无人可比，现在BTS危机重重。一定要改变CNY不能贬值的错误思想。市场下跌CNY就应该贬值。贬值的程度由市场调节，贬值多了，自然会有人大量充值CNY储存。这也是开发CNY的市场需求的一个途径。喂价不能低于市场价。

这种只是应对极端的黑天鹅状况，是在爆仓减供失效后不得已而为之的手段，并不是常规手段，如果BTS一跌bitCNY就贬值那他妈的还叫什么稳定币。

observed at UTC 14:50 23th

kraken: BTC/USD: 10723
kraken: USDT/USD: 0.9947
bittrex: BTC/USD:  10706
bittrex: USDT/USD: 0.993
binance: BTS/BTC:  0.00000614
huobi: BTS/USDT:  0.066
huobi OTC: BTC/CNY: 74850
huobi OTC: USDT/CNY: 6.94

at the moment the market price in CNY should be about 0.459.

Warning: fox and datasecuritynode provide a price feed which is 2%+ lower than reasonable



we should develop some tools to visualize the feed price in charts and make it easy for voters to check .

This proposal is to replace 1.14.200 https://bitsharestalk.org/index.php?topic=28508.0

I agree with what the China BTSer Union suggested, https://bitsharestalk.org/index.php?topic=28549.0, BTS is now obviously under estimated in the market, we need to introduce more money to increase BTS holdings.

I think currently it's a good idea to use the accumulated bitCNY market fee to buy BTS, and this measure can be combined together with the left OMO issue.

1. now account committee-cnytrader owns a debt position of 451K CNY debt and 3.9M BTS collateral,  reorganize account committee-cnytrader, let the representative from CNY BTSer Union to replace witness-still,  committee-cnytrader will handle the task of buying BTS using the bitCNY market fee.

2.each time the accumulated bitCNY market fee is above 100K CNY, claim it and transfer to the cnytrader account, when BTS price is under 1CNY, the multisig members will decide the process to buy in BTS.

3. when the BTS price is above 1CNY, multisig members need to sell some BTS to pay the debt, and also accumulate bitCNY for the next down trend.

A poll worker proposal is created for this:

1.14.205   Poll - increase BTS holdings with accumulated market fee

please vote this proposal according to your opinion.