Stoked to see that Bit20 is now (for awhile) available on the DEX.
Yesterday I was reading more about it and poking around, and here are my observations.. your comment is welcomed.
- There is no vertical "Settlement Price" on any BTWTY market I bothered to check, except for :BTS .. seeing as BTS is itself part of the basket, would it not make more sense for the primary (more advertised) markets to be USD and CNY ? And either way, the price feed should work for all of them.
- The concept is cool, but here's something I've been having trouble understanding: Who in their right mind would short BITWY into existence? (well, I did, and now owe 0.04 due to a fundamental misunderstanding of the dex mechanics)
- Related to the above, and assuming one is in the camp that believes bit20 is headed for an extragalactic moon, why isn't everyone shorting USD and using it to buy BTWTY?
And small suggestion to whom it may concern, there is a valid TLS certificate at bittwenty.com, but by default the browser isn't instructed to use the secure version. Easy fix, such privacy.