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 ?