my idea with my knowledge of english 

what we need:
1. liquidity - the new rules around the median price killed the whole bitUSD market. 1 trade per hour is nothing!
2. we want more stability in direction to the peg

i am against all this 10% of something to cover etc. it makes everything complicated and at most, if we see this in the future on the other side, how do we react?

so we need a solution for every situation.

1. what does it mean to peg the USD?

it will oszillate around it, so if we start not 1:1 it is absolute fine, because in extreme situation the peg will not hold, because the buyers and sellers will struggle for the savesed bet.
so in the moment more people, or extreme more people want to short bitUSD and drive the price away from market peg.

my solution

1. we just count the volume the last say 1.000 trades

- 5000 BTSX are traded on the bid side
- 50.0000 BTSX are traded on the short side

its 5.000 : 50.000 = 1:50

we are in an extreme enviroment, who everyone looks to short bitUSD

so we will do this

1 : 50 = 50 -1 = 49
49 is translatet do 49% interest

bid side is 30 with 1.000 bitUSD
short side is 32 with 30.000 bitUSD

if you want to short and buy the bid side away you have not to pay 1.000 BTSX + colleteral, but the new counting will look like this
30.000 BTSX + 49% interest for the buyer of bit USD or 14.700 BTSX == 44.700 BTSX to buy the bid side away with a short from the buyer (extreme expensive)

now it is extreme expensive to do this.

this interest will adjust after a couple of trades.

advantages?

1. the market can trade freely and will decide which price is worth to pay
2. in an extreme situation it will much more intesting to take the other side, so more liquidity for the unfavorde side
3. the rules are for both sides, so if in the future the conditions are in favore of bitUSD we don't need to worry because the short will get a premium to take the position

i hope you could follow my idea.

so bytemaster the shorts are ignored till what point exact? maybe something like a line or information could be displayed

without short the minimum ask is right now

0.0303

tha actual bid price is also 0.303

no matching for 5 minutes

Quote from: Shentist on September 01, 2014, 07:54:57 pm

maybe you can explain it a little bit what changes now encoded, because i just can place bids and short. nothing will happen. i can match the bid or ask side nothing happens. looks broke in my eyes.

trading is still paused due to insufficient market depth

then just found a bug, because no message in the top. in the past everytime it would show the message.

10 people left - 3 days! support your BTSX !!!!!!! it is not the time to read,,,,no no ,,,,act now!!!!

is this "overlapping" bids and asks a feature or just a new bug?

if it is a new feature please remove it - it is a terrible solution.
if it is a bug please remove it - it is a terrible bug.

 

I just started 0.4.10
I am getting insufficient depth on USD:BTSX any idea when this might allow us to trade? Thanks in advance.

thought the same - got the wrong impression. market will start not with installation 0.4.10 or maybe they just wait for more updated delegates.