Quote from: xeroc on August 16, 2018, 09:19:01 am

Quote from: bitcrab on August 16, 2018, 08:18:36 am

as I know, 2 witnesses has switched to push 1.05 as MSSR, more witnesses are working for the change.

While I agree with the proposal in general, I do *not* agree with the witnesses just flipping their opinions singlehandedly .. without even having discussed things with the BTS voters ..
For me, I saw this proposal only today and haven't been given sufficient time to let the proposal sink in properly.

The consequence might as well be that I need to look into removing my vote for witnesses that just "do" without community engagement. So far, the consensus has been a 10% MSSR.
I understand that the english-speaking community is not the target-audience for bitCNY, but I do feel a responsibility towards the BitShares Blockchain as
a platform with bitCNY being a prominent "product" - that is why I engage in discussions around bitCNY frequently and try to provide my point of view.

Rushing changes without proper discussion rarely results in good outcome. Let's rather argue here in the forums and see where the community and wisdom of the crowd puts us.

actually China community has discussed this topic a lot, it's not a very new idea. witnesses like magicwallet has suggested to reduce MSSR before, they are not "just do it".

to make the new MSSR take effects need more than 14 witnesses to change, I feel it will take more than 1 week, we can discuss this topic sufficiently in this time and stop the change immediately if community reach an consensus that the change is dangerous.

First 3 witnesses who changed MSSR :

witness.yao
delegate.freedom
magicwallet.witness

If you got them as witness voted you can unvote them if you don't agree to their actions

I agree with this proposal, it can help balance the bitCNY price closer to 1: 1 with CNY, but please set up settlement offset back to 1%

Could you explain how ?

All of these potential changes should be considered for all bit assets.  No reason for CYN to be different, this is more confusing for users.

BitUSD isn't able to buy out the margin calls on the market currently as they are still there and you want to lower the MSSR for it so they will be even bigger ?

I'd say, let the market decide for a "fair" price of BTS (in CNY)

Using unnatural massiv buy walls and community funds to "maintane BTS price"?That is more like centralised plan business in the 80's which we all now where it leaded

Assuming strong arbitrage, we can say that the volume of that exchange that has the fairest valuation of BTS price also has
the highest volume.

I would agree on that if there were no massiv targeted interventions to keep a price up.Buying BTS in batches is something diffrent than creating buy walls.And you guys still have no official rules or transparency how you will use the commitee accounts in future (beside bitcrabs statement about keeping building unnatural prices) i can't agree on this without having any clear rules and most important transparancy about the OMO.


I would like first to get clear answers if the OMO will still be used to create big unnatural buy walls or if it will be used like it was supposed to buy BTS in batches on diffrent prices depending on the CR and What kind of Ratio allows the commitee accounts to buy more BTS

Quote from: Thul3 on August 12, 2018, 08:00:20 am

Quote from: hzbtstalker001 on August 12, 2018, 07:42:10 am

we support the suggestion of bitcrab. just do it!

Don't talk for all.Majority doesnt support it

Don't talk for all.Majority support it

We are well aware that you are a puppet from bitcrab and everyone supporting this shit was part of crashing the commitee accounts which needs now to be bailed out with community funds.

ebit,jademont,bitcrab and these people are trying now to get us the "highest one" model.....

Somebody claimed because it's based on highest volume.Lets do it based on highest volume but i highly doubt bitcrab would accept it since it would mean we would accept mainly the price of DEX.Since DEX is always under feed price in a bear market what sence would it make to lower the feed price and cause the next margin call wave.....
So the smart bitcrab is going to take only the feed price from DEX when it is supposed to help him to stop his margin calls.
So when is DEX price in a bear market going to be higher than the current price feed ?
Answer.......only when he puts a big buy wall again like last time.And taking that high unnatural price as feed price will make that the buy wall won't be eaten so quickly even the rest of the market is going massivly down.

Its a clear feature to strenght his manipulation attempt which majority doesn't accept as it has nothing to do with attacks or anything which bitcrab himself confirmed its not so easy anymore and he put that request instantly after his buy wall got eaten because his low margin ratio have been called as external exchanges had a lower price as the price on DEX which were manipulated by his 5 million BTS wall.


Just clearly say the purpose of that change is to strengthen the buy walls so they can't get crushed anymore even the price doesn't represent the value buyers are willing to pay.Creating a centralised controlled price which has nothing to do anymore with free market.

If you argument that DEX has the highest volume then also accept the lower price of DEX as price feed since based on your argument its also the most representiv as it has the highest volume.
Don't pick only the timeframes out which are in your personal favour to manipulate

we support the suggestion of bitcrab. just do it!

Don't talk for all.Majority doesnt support it

You just proofed that i'm right

while collateral ratio > 4, borrowing more smartcoin is allowed.

collateral ratio>3, borrowing more smartcoin is not allowed

Bitcrab created more smartcoin at ratio of arround 2 and jademont approved it even as you posted yourself
ratio had to be minimum 4 to be allowed to create new smartcoins.

even more

while 3>collateral ratio, smartcoin income need to be used to reduce debt position, buying more BTS is not allowed.

And what did they do ?They created even more smartcoins even it clearly says under 3 they need to pay debt and the Ratio was already near 2 and not 3

由于他的过去，国际社会的大多数人立即反对bitcrab管理这些资金。他们声称他将运行这些账户作为保证金。
因此，巨蟹座告诉他们要保持创造新资产的最低比率为4，以便与国际社会达成共识。
没过多久，国际社会就指着巨蟹座他们声称在他管理账户时会发生什么。比率为1.96，并且风险很大。

巨蟹座只是通过这种方式证明国际社会是正确的，声称他会在追加保证金的情况下运行这些账户。更多的是他的行为没有透明度。没有任何规则。

我也不同意将xeroc等其他董事会成员纳入委员会账户，因为这些人正在支持癌症，因为癌症正在做许多虚假行为。即使Xeroc确认了这一点。

如果你想在共同基金账户中增加2个人，那么必须是那些反对该基金的人才能控制癌症将无法再与其他2个委员会成员达成社区共识。
因为他们显然未能阻止社区对抗巨蟹座的共识，所以我也会亲自踢ebit和jademont。