I have a question.
How is A86 valuable for this project of yours, BM?
He suggested shorts competing by collateral (which was insane idea by itself, thanks the market god it was abandoned ) as a coincidence of it included the shorts not being able to sell below the feed and introducing the highly unnecessary feed prices...
Introducing the price feed (and other rules for the shorts) cut the rapid improvement on the then BTSX price... it not only cut its growth but it made it fall significantly...
But if you do not believe the above, as no one is supposed to believe in the markets as the ultimate judge. How much lower is the current bitUSD price compared to the 1:1 ratio (i.e. the ideal peg)... at least the same percentage, in my view... well a bit (aka like 2x) lower...
...shudgumbguls....
Honestly tony, you have NO idea what you are talking about. Bitassets, as currently imagined, don't work without the price feed. Bitassets don't work without the rule "no shorting below the price feed." And it wasn't a "coincidence" I came up with it.
The reason I've been valuable is because I've figured out critical things like this.
You can't even figure out why they're important after it's presented and explained to you.
I think you're being ridiculous. You made your sockpuppet "zerosum" (now tonyk2) and had a conversation with yourself about me like you were two different people and now you are blaming me for a price drop in BTSX. The price didn't drop because we used the price feed. Maybe the price dropped because bitUSD wasn't tracking as well as expected, maybe we needed a solution. Also mkt cap climbed back up to $80mil after price feed was used.