I really don't want to be always negativ but its really horrible.
Do they even know what bitshares dex is ?
Their marketing will be also low effectiv based on what they have written.
It seems they don't have much experience in effectiv online marketing but are just blowing the money away.
First of all their text is written horrible.There are no real traffic sources provided.They basicly say we need to understand what user we target,what they are looking for and generating leads out of them.
Their keywords are the biggest joke of all.
Cryptocurrency to invest
Bitcoin alternatives
Distributed ledger technology
Block time
Blockchain ledger
Block reward
Distributed ledger vs blockchain
Smart coins wallet
What is block time

Do anybody really belive these kind of keywords will bring DEX new users ?
Also i don't like the fact they are based in Netherlands.Don't get me wrong but the cost instantly increased by x2 x3 compared to other countries.
Their solution is very costly.
A single article on cointelegraph is 1 BTC =$7000 which will get you arround 20-50k readers who are basicly already in the crypto sphere for a longer time.How much new registrations will you get?
Their SEO is also only targeting keywords which are not important at all.
If you target major keywords for DEX you will need to count a minimum of $5k per month for the SEO company as the market is very competitiv.You can always see Binance,Bittrex and Poloniex on first page as they invest a lot of money to be there.
Creating social media accounts is peanuts.There is no info written how they are going to make them viral or at least grow quickly.I guess because its not on their agenda.
They want to create blogs for bitshares.The issue on new generated websites is they don't have any traffic and need first to be promoted or ranked on google.

In my personal opinion its not a good offer for this amount of money they are demanding and most important it won't lead to many new registrations

I'm pretty sure its a waste of funds and reputation of bitshares.
Majority of top 50 exchanges have faked volume.
The proposed exchange of bitcrab is the worst bitshares could join.
RightBTC is known being run by Eric Gu who used it basicly to create fake volume for his own projects ETP ,ZGC etc .
The real volume there is nearly ZERO.
They don't even have a working withdraw system but are doing it manually with a delay of up to 7 days where you need to beg their support Betty Zhang to even process it.
Latoken's volume will be also a joke when monitoring the coins they listed before since they started asking to list anything as long as the coin is willing to pay their listing fee.
Real big exchanges won't list now bitassets because the risk a small uncontrolable group changes major settings is way to high as they would ever take that responsibility.

The funds would be just wasted instead of being used for real marketing.Listing on new exchanges were the volume will be near zero isn't helping any bitasset at all or are we going to ask Eric to create also fake volume for our bitassets ?

3. "price fed by witnesses is voluntary changed w/o having a consensus" is incorrect. Witnesses are acting by consensus. As of writing, BSIP42's status is "approved" according to result of consensus voting.

I have never seen any accouncement how exectly the price feed will be manipulated and in which borders it will stay.
I doubt even 5% of the traders on bitshares knows how the price feed manipulation works and where its borders are if there are any at all.
Its a small group talking between themself adjusting and twisting and not informing the community at all.

Just because a handfull of proxies agreed on it doesn't mean the majority of traders agree on it or even have a clue what exectly is happening.
There was also no annoucement of bitusd feed price getting manipulated .It just raised by 40% .
This kind of behavior is the reason why no big exchange is going to implement these bitassets as a small group is using it as it is their private toy they can experiment with.
People using stablecoins don't look for these kind of experiments but for stability of contract.
Even a large bitshares group left our own bitassets because of that lack of trust thanks to your actions and joined diffrent stable coins like DAO.
You also want people to create more bitassets by opening margins (debt).
Tell me who is going to open any margins when their CR jumps in days from 2to 2.5 and back down to 1.6 without the market making any signaficant moves?

Its funny you are talking about an opportunity for stable coins because Tether is currently massivly under pressure as people don't belive that its backed 1:1 and at the same time talk about removing "black swan" so the CR could go under 1

Just like @Thul3, if he politely ask and focus on the issues themselves

I guess i was more than polite at the beginning asking normal questions but got as response only silence or ignorance as some peoples attitude looked like they don't need to explain anything to the community anymore even they broke heavily a consensus without fearing any restrictions.

You are looking for somebody blameworthy ?
Maybe start looking together with bitcrab in the mirror.

Who was it who broke massivly community consensus on OMO and acted like nothing happened ?
Wasn't it even you who said bitcrab had to contact you how to enable TCR cause he couldn't find it risking that all collateral of the OMO fund would get margin called and that the OMO fund had been running all the time without TCR enabled and thats not acceptable ?
Who created BSIP42 without clear defenitions and without any transparancy to the community ,changing and experimenting in a small group where nobody from the community was informed what is really coming ?
Who said in threads it is only for bitCNY since its a liquid market and later quickly switched to bitUSD without even talking with the community if BSIP42 is a success ?
Who was it who started threatening witnesses with unvoting for not quickly adding new bitusd feed ?
Who banned a witness from a witness telegram channel ?
Who is using spring funds for Voting ?
I could keep going on.

My tone changed after i only recived ignorance ....and if you claim that bitcrab would have talked with me if i were more polite then i'm asking why didn't he responded to any of my concernes before where the tone was polite or emails i sent to him ?

Xeroc already attacked me that i have a personal vendetta against bitcrab which is not true at all but i'm a heavy supporter of bitshares and seeing the massiv change from a decentralised exchange to a centralised planed exchange without any transparency or discussion makes me mad no matter who is responsible for it.

Gold is a very manipulated market expecially because of the future role of gold.

I said it incorrectly @thul3. I meant we need to increase liquidity on Bit.GOLD so that when people want to be short crypto they can escape to Bit.GOLD. Holding Bit.GOLD is better than bitFIAT since it is not depreciating

I understood it correctly and bench already replied to your question

To generate more bitGold somebody needs to borrow bitGold and sell it?

Now the question who would prefer to short bitgold instead of bitfiat ?

http://cryptofresh.com/a/GOLD

Settlement price is 4,753 BTS/GOLD, that's the exact amount of available backing collateral per bitGOLD.
However, market price is around 10,000 BTS/bitGOLD with a significant spread (highest buy is offering more than 9,500 BTS).

Since bitgold is being traded wouldn't it make sense to add a trading fee which moves directly to the collateral/settlement pool ?

Can somebody enlighten me why BSIP42 is now being so quickly being implemented on bitUSD ?
You can't tell me you want to pegg bitusd to something ?
BSIP42 is experimental for bitcny so why is it already being implemented on bitUSD ?
What is the Agenda behind implementing BSIP42 on bitUSD ?
Why is a war started between witnesses who implement BSIP42 quickly on bitUSD and witnesses who refuse to make such massiv changes so quickly ?

I really would love to see some answers from xeroc and openledger who are making BSIP42 possible and if they really feel thats the right way to treat solid witnesses ?

I would love to hear what result you whish to achieve and what makes you call BSIP42 a success (defenition) that you already moved on to bitUSD without community consensus or is the experimental timeframe over?
If yes where are the results ?Info's and discussion about it ?


bitcrab :

updated witnesses voting, supported witnesses that take positive actions on implementing BSIP42 on bitUSD.

However, even when it's able to adjust MCR, the code doesn't allow us to adjust it to less than 100%. That means black swan is unavoidable by adjusting MCR alone when time comes.

So you admit now that BSIP42 is massivly increasing the danger of getting a global settlement ?

if there's consensus among the fund holders, why can't the fund vote?

Consensus of all fund owners ?I highly doubt it.
You are using funds from people who are invested in spring fund but don't agree on BSIP42.

I know personly at least 1 fund holder who is against it

       很难理解，在论坛发表这样的言论的人，目的是为了BTS好。

为什么？