211
Stakeholder Proposals / Re: [Poll] BSIP59:Reduce MCR of bitUSD to 1.6
« on: May 08, 2019, 01:41:26 am »No speculation, I have valid arguments and you have zero arguments so far.This is just speculation,you can't prove it.No speculation, this is how markets work.At this point it's all speculation.The bigger the discount to feed price, the more people will take the discount.With a higher MSSR there is a bigger arbitrage opportunity and a bigger discount to the market.You didn't prove it.
MSSR for bitUSD should be at least 3%.
The market doesn't work as your speculation, the reality has proved it
Explain why a higher MSSR does not result in a higher chance to eat up the margin call?
We have many years with MSSR=1.10, and you should find the result from the market, if you didn't find the result, i think the explain is doughy.
What is the market sentiment?and how did it works? and the margin call was eaten with which market sentiment?
If you understand this i think you will see.
The high MSSR is a cancer of the Bitasset.
We have a consensus about MSSR to be as low as possible and as high as needed?