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Messages - Thul3

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436
Stakeholder Proposals / Re: [Witness Proposal] gdex-witnness
« on: December 19, 2018, 06:43:33 pm »
There is a high possibility that this is a bull trap.Actually the possibility is bigger being a bulld trap than a bull.
Reducing MSSR back to 105% makes that should the price go down again no margin will be eaten again.
The same mistake as before.
If you want MSSR 105% (which i support on acurat price feed as it make sense) make first sure to provide real feed price to ensure margin orders being eaten in a down trend.
At current price feed situation its just a protection for margins to not get eaten.

EDIT : Just saw it seems BTS on bitcny have now real price.


437
As much as i honor the good work and i really honor it its seems to me that the new WP is some kind of very expensiv.
I tried to figur out where exectly the money will be going but am unable to identify everything.

Who is the build maintainer who gets $100 per hour and what exectly is his role ?

Why are the expenses increasing by 25% ?

What exectly is Online Dexbot PR or Financial Services Networking ?

I mean for $150k which DEXbot is demanding you can start a massiv advertisement campaign.

The monthly budget of $25k at current situation seems to me way to high.

Sorry but as much as i honor your work i also need to compare the demanded funds being used on other categories.

For me the budget for DEXbot is to high.

438
中文 (Chinese) / Re: 建议先将mssr调到2%
« on: December 19, 2018, 02:16:11 pm »
到目前为止,降级mssr尚未得到所有各方的同意

操纵价格饲料正在停止改变MSSR


439
Stakeholder Proposals / Re: [Witness Proposal] gdex-witnness
« on: December 19, 2018, 01:44:10 pm »
The POLL is NO CONSENSUS.

You are BREAKING ALL RULES AS WITNESS !!!!!!

You have no right to change MSSR without creating a worker which will get voted in.

I will make sure that all witnesses which will change MSSR without a REAL community consensus will lose their voters.

he is talking about the on-chain poll

I know the NO BSIP42 is a clear signal to stop manipulation and that people want the margin to get eaten.What he is doing now is not changing price feed and lowering the MSSR back to 105% so margins won't be eaten anymore.
Also he is the only bigger proxy voting for BSIP41 so i doubt this is real consensus.

440
Stakeholder Proposals / Re: [Witness Proposal] gdex-witnness
« on: December 19, 2018, 01:32:33 pm »




....

441
General Discussion / Re: how about reduce MSSR to 105% for bitCNY?
« on: December 19, 2018, 01:29:28 pm »
Quote
anyway, let's do not discuss this topic on this thread, reducing MSSR to 105% for bitCNY is an old suggestion even before bsip42(so it has a bsip#41),

Yes it had support when feed price were realistic.Alt and myself included that we will support lowering MSSR when there are realistic feed price.
The support of lower MSSR is gone when the feed price are not realistic.

Demanding to lower MSSR without providing real feed price will only return to the issue which has been created before that margin walls haven't been eaten.

442
Just some example based on global traffic on websites according to alexa.


global rank

~4.700 Bittrex volume  $27 Million
~6.000 Poloniex volume  $29 Million
~7.300 Yobit volume  $15 Million
~13.000 kraken volume  $120 Million
~13.000 upbit volume  $151 Million
~28.000 gate.io volume  $36 Million
~34.000 livecoin volume  $10 Million
~46.000 btc alpha volume    $3 Million


Now have a look at the global traffic rank according to alexa of the proposed exchanges

~170.000 Sistemkoin $59 Million
~No Data IDAX  $282 Million
~46.000 LAToken  $63 Million
~399.000 RightBTC  $126 Million
~46.000 Cointiger $115 Million

Based on that Data you can clearly see that non of the bottom exchanges could even compete with Livecoin.I would even claim all would even lose the comparing against BTC-Alpha massivly which has Rank 87 and a trading volume of $3 Million.

Nice job. If we have option between livecoin and for example coinsuper, then I will support livecoin, but we don't. The question is, if we have an opportunity to have coinsuper to list bitCNY, should we accept it or refuse it?

Depends on the bounty and price you need to pay.Cointiger won't make much real volume on bitcny and there should be always the question can these funds be used in a more effectiv way.
In my opinion there are currently many nice solutions which will have a way bigger effect for the same cost like listing on cointiger.
Exchanges like hitbt or bit-z would be nice but getting there is not as easy as the fake exchanges.

443
General Discussion / Re: how about reduce MSSR to 105% for bitCNY?
« on: December 18, 2018, 04:54:14 am »
as the title tell.

With real price feed?

444
由于bitcny和其他资本正在等待新的低点加入,我们需要大量的需求刺激。
我会打开一个工人进行大媒体报道,让我们得到所需的刺激来吃边缘墙,并希望也能得到bitusd的修复。
请看看我将在未来几天发布的工人。等待一些特别优惠。

We need a heavy demand stimulation as bitcny and other assets are still waiting for new lows to join BTS.
I will open a worker for big media coverage to get us the needed stimulation to eat the margin wall and hopefully also to revive bitusd.
Please have a look at the worker which i will post in the coming days.Am just waiting for some special offers from major news websites.

445
我很抱歉他们的损失总是试图不让这样的事情发生但是在混乱的时候向前推进并且我真的相信BTS将很快变得强大,我们作为一个整体社区将会看到2019年将是 比特哈斯一年。

I'm sorry for their losses always tried to not let something like that happen however after the mess its time to move forward and i really belive BTS will come out way stronger soon and we as a whole community are going to see 2019 going to be bitshares year.

446
Stakeholder Proposals / Re: [New BSIP] Dynamic Market Fee
« on: December 17, 2018, 08:56:59 pm »
+++

447
Just some example based on global traffic on websites according to alexa.


global rank

~4.700 Bittrex volume  $27 Million
~6.000 Poloniex volume  $29 Million
~7.300 Yobit volume  $15 Million
~13.000 kraken volume  $120 Million
~13.000 upbit volume  $151 Million
~28.000 gate.io volume  $36 Million
~34.000 livecoin volume  $10 Million
~46.000 btc alpha volume    $3 Million


Now have a look at the global traffic rank according to alexa of the proposed exchanges

~170.000 Sistemkoin $59 Million
~No Data IDAX  $282 Million
~46.000 LAToken  $63 Million
~399.000 RightBTC  $126 Million
~46.000 Cointiger $115 Million

Based on that Data you can clearly see that non of the bottom exchanges could even compete with Livecoin.I would even claim all would even lose the comparing against BTC-Alpha massivly which has Rank 87 and a trading volume of $3 Million.

448
Don't get me wrong.
Why do you guys focus on top 50 CMC based exchanges.
Instead try real exchanges which are not top 50 CMC but with real history and real user base.
IDAX is sending everyone a listing request.What does it bring to get listed on IDAX if the real volume will be like 1000 bitcny per day.

Wasting funds just because they are top 50 CMC instead looking for legit exchanges which are not top 50 as they don't wash trade so heavily is something i don't understand.
Do you want to bring real value or do you just wanna create an image based on fake volume


Quote
Would rather this worker proposal go towards paying listing fee + some bonus bounty for the person who lobbied it. This is how you get listed, yep most exchanges are fake volume but nobody cares when it can bring new actual users to Bitshares. I'd support this with our vote with the above change^.

How many new users will exchanges like RightBTC,IDAX,Sistemkoin,Latoken etc bring ?
Compare that to the amount of new users which it would bring spending that amount of BTS in Marketing or legit exchanges and i doubt you will even get 1/10 on these exchanges .

Maybe it would be worth that you guys check the volume of these exchanges for new listed coins.
Its either none or a very high one (wash trading) where in reality you won't be able to even sell $1000 worth of coins/assets without crashing the price to nirvana

A good example RightBTC.Ranking number 22 which has BTS listed.
Trading volume for BTS in the past 7 days is ZERO .
So we are going to pay now the listing fee of bitassets and a bounty of 500k BTS and what volume do you realisticly expect that these bitassets will get when nearly all assets there have zero real volume.
LAtaken,Cointiger,IDAX,Sistemkoin etc all the same.
What value does it bring to get there listed ?
In my eyes these funds would be wasted for getting bitassets listed on these kind of exchanges which basicly exist and fake volume to find idiots who will pay for their listing fee's which is their main income.

449
I support reduce MSSR to 2% instead of any complex feed price adjustment(manipulation)


Supporting it !

450
Even i'm an enemy of BSIP42 at current situation I temporarly support bitcrabs proposal for the good of the community till the bug is fixed to implement the other solution proposed by Stefan or till the MCR recovers.

Quote
That is just speculation... Nobody can guarantee they will not eat current margin.

It depends who is buying the margin.People buying margin to increase their stacke will definetly not decrease the price of BTS however giving the opportunity on such a big sell wall for arbitrage it would at current situation automaticly mean that people would buy cheap BTS at DEX to dump it on CEX with a profit which would lead to a price fall and creating bitcny with a 10% (MSSR)premium.
 
Making sure what bitcrab proposed to always have margin call price under real price feed (hopefully 1,5-2%) is a fair solution.It won't get the margin so quickly eaten but it will also not have a big negativ effect on BTS price on CEX.

What is important and which clockwork also mentioned on another thread is the quick update of the margin call price in a quick downfall so the open margin calls will eat the open buy orders instead of traders taking them away

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