Main > Stakeholder Proposals
[POLL]BAIP8 : Reduce price threshold by 30% for bitcny
Thul3:
--- Quote from: bitcrab on June 22, 2020, 02:52:27 am ---do not support this, it will hurt a big group one more time.
to optimize the system, firstly need to find a chance to lower the USD threshold to be equal to that of CNY.
--- End quote ---
Based on that comment we are going to hurt bitusd debt holders when lowering price feed of CNY.
Could you please explain how this would happen without touching the price feed of bitusd.
Thul3:
--- Quote from: optionswallet on June 22, 2020, 01:36:55 pm ---
--- Quote from: Thul3 on June 22, 2020, 01:31:30 pm ---
--- Quote from: optionswallet on June 22, 2020, 01:27:30 pm ---
--- Quote from: Thul3 on June 22, 2020, 01:21:09 pm ---
--- Quote from: optionswallet on June 22, 2020, 01:00:25 pm ---
--- Quote from: binggo on June 22, 2020, 12:50:02 pm ---
--- Quote from: optionswallet on June 22, 2020, 12:37:21 pm ---
Now you accept a decline feed to 0.154. After a while, CEX will draw prices even lower and you will accept another reduction in the bitCNY feed. And then, by the same logic, one more and one more. This dependence on fictitious CEX prices leads to dependence on the CEX.
I am going to spend my time and write to each account that has a margin position in bitCNY, vote for raising the BAIP threshold, and set as proxy the account that votes against this initiative to reduce the bitCNY feed. I do not want to watch how CEX takes my money by killing bitshares as its direct competitor.
--- End quote ---
How about raising the BAIP threshold to 10.0 bitcny/bts？if you make this proposal，i will support you to raise the BAIP threshold to 10.0 bitcny/bts！That's a very exciting thing!
--- End quote ---
You misunderstood me. I do not want to increase the feed price of the bitCNY. I want to leave it at the same level - 0.22 BTS/bitCNY. The BAIP threshold is just value, which now amounts to about 500 million votes, which must be overcome in order for the reduce the bitCNY price feed to be accepted.
--- End quote ---
You want to keep scamming bitasset holders and keeping bitassets with no trust ?
That's why you want to pay dividend so people will start using again a broken token ?
Why did people left bitassets where you try them to get back with a dividend ?
You think people are so dumb to take broken bitassets in exchange for a small dividend putting their money into CN-Votes hand ?
Great joke
--- End quote ---
bit assets are not broken - feed price on CEX are fake.
--- End quote ---
Ok if CEX prices are fake and feed price are not broken are you going to send me $0.0345 per BTS in USDT when i will send you BTS ?
I can use USDT to pay my bills.
Please also contact magicwallet for having fake price because i'm pretty sure they exchange bitcny to real cny not based on feed price but on cex price.
Tell them they are scammers and evil to bitshares because they don't use our price feed /ironie off
--- End quote ---
I can not object to you, because the majority is on your side. Majority are mistaken and go the way that the CEX will show him. And this road to hell
--- End quote ---
How come majority of chinese traders left to cex ?
I see today
GDEX.BTC 2.2k bts volume
GDEX.EOS 12k bts volume
GDEX.ETH 120 bts volume
Not even having a total of 20k bts volume !
So where are your chinese traders ?At Cex ?Because there they can normaly trade without fake price feeds,without risking to lose holding in stable coins and because there is a market ,without BAIP2 which makes force settlements for stablecoins a gamble ?
Cn-Vote and bitcrab totaly destroyed the trading mechanism on bitshares.
But i'm open to hear where the traders are because i can't see them.All i see is bigger CEX wallets and a group destroying bitshares because of their ignorancy even unable to unvote a dead witness because of their pride thinking they know everything better.
Do you remember the promise of BSIP76 ?It is only temporarly to save mainly chinese community to not get rekkt because of price manipulations.
As always that promise has been broken and you are together with bitcrab planing to have it permanent.He even suggested some time ago to increase threshold together with BTS price.
optionswallet:
--- Quote from: Thul3 on June 22, 2020, 01:31:30 pm ---
--- Quote from: optionswallet on June 22, 2020, 01:27:30 pm ---
--- Quote from: Thul3 on June 22, 2020, 01:21:09 pm ---
--- Quote from: optionswallet on June 22, 2020, 01:00:25 pm ---
--- Quote from: binggo on June 22, 2020, 12:50:02 pm ---
--- Quote from: optionswallet on June 22, 2020, 12:37:21 pm ---
Now you accept a decline feed to 0.154. After a while, CEX will draw prices even lower and you will accept another reduction in the bitCNY feed. And then, by the same logic, one more and one more. This dependence on fictitious CEX prices leads to dependence on the CEX.
I am going to spend my time and write to each account that has a margin position in bitCNY, vote for raising the BAIP threshold, and set as proxy the account that votes against this initiative to reduce the bitCNY feed. I do not want to watch how CEX takes my money by killing bitshares as its direct competitor.
--- End quote ---
How about raising the BAIP threshold to 10.0 bitcny/bts？if you make this proposal，i will support you to raise the BAIP threshold to 10.0 bitcny/bts！That's a very exciting thing!
--- End quote ---
You misunderstood me. I do not want to increase the feed price of the bitCNY. I want to leave it at the same level - 0.22 BTS/bitCNY. The BAIP threshold is just value, which now amounts to about 500 million votes, which must be overcome in order for the reduce the bitCNY price feed to be accepted.
--- End quote ---
You want to keep scamming bitasset holders and keeping bitassets with no trust ?
That's why you want to pay dividend so people will start using again a broken token ?
Why did people left bitassets where you try them to get back with a dividend ?
You think people are so dumb to take broken bitassets in exchange for a small dividend putting their money into CN-Votes hand ?
Great joke
--- End quote ---
bit assets are not broken - feed price on CEX are fake.
--- End quote ---
Ok if CEX prices are fake and feed price are not broken are you going to send me $0.0345 per BTS in USDT when i will send you BTS ?
I can use USDT to pay my bills.
Please also contact magicwallet for having fake price because i'm pretty sure they exchange bitcny to real cny not based on feed price but on cex price.
Tell them they are scammers and evil to bitshares because they don't use our price feed /ironie off
--- End quote ---
I can not object to you, because the majority is on your side. Majority are mistaken and go the way that the CEX will show him. And this road to hell
Thul3:
--- Quote from: optionswallet on June 22, 2020, 01:27:30 pm ---
--- Quote from: Thul3 on June 22, 2020, 01:21:09 pm ---
--- Quote from: optionswallet on June 22, 2020, 01:00:25 pm ---
--- Quote from: binggo on June 22, 2020, 12:50:02 pm ---
--- Quote from: optionswallet on June 22, 2020, 12:37:21 pm ---
Now you accept a decline feed to 0.154. After a while, CEX will draw prices even lower and you will accept another reduction in the bitCNY feed. And then, by the same logic, one more and one more. This dependence on fictitious CEX prices leads to dependence on the CEX.
I am going to spend my time and write to each account that has a margin position in bitCNY, vote for raising the BAIP threshold, and set as proxy the account that votes against this initiative to reduce the bitCNY feed. I do not want to watch how CEX takes my money by killing bitshares as its direct competitor.
--- End quote ---
How about raising the BAIP threshold to 10.0 bitcny/bts？if you make this proposal，i will support you to raise the BAIP threshold to 10.0 bitcny/bts！That's a very exciting thing!
--- End quote ---
You misunderstood me. I do not want to increase the feed price of the bitCNY. I want to leave it at the same level - 0.22 BTS/bitCNY. The BAIP threshold is just value, which now amounts to about 500 million votes, which must be overcome in order for the reduce the bitCNY price feed to be accepted.
--- End quote ---
You want to keep scamming bitasset holders and keeping bitassets with no trust ?
That's why you want to pay dividend so people will start using again a broken token ?
Why did people left bitassets where you try them to get back with a dividend ?
You think people are so dumb to take broken bitassets in exchange for a small dividend putting their money into CN-Votes hand ?
Great joke
--- End quote ---
bit assets are not broken - feed price on CEX are fake.
--- End quote ---
Ok if CEX prices are fake and feed price are not broken are you going to send me $0.0345 per BTS in USDT when i will send you BTS ?
I can use USDT to pay my bills.
Please also contact magicwallet for having fake price because i'm pretty sure they exchange bitcny to real cny not based on feed price but on cex price.
Tell them they are scammers and evil to bitshares because they don't use our price feed /ironie off
optionswallet:
--- Quote from: Thul3 on June 22, 2020, 01:21:09 pm ---
--- Quote from: optionswallet on June 22, 2020, 01:00:25 pm ---
--- Quote from: binggo on June 22, 2020, 12:50:02 pm ---
--- Quote from: optionswallet on June 22, 2020, 12:37:21 pm ---
Now you accept a decline feed to 0.154. After a while, CEX will draw prices even lower and you will accept another reduction in the bitCNY feed. And then, by the same logic, one more and one more. This dependence on fictitious CEX prices leads to dependence on the CEX.
I am going to spend my time and write to each account that has a margin position in bitCNY, vote for raising the BAIP threshold, and set as proxy the account that votes against this initiative to reduce the bitCNY feed. I do not want to watch how CEX takes my money by killing bitshares as its direct competitor.
--- End quote ---
How about raising the BAIP threshold to 10.0 bitcny/bts？if you make this proposal，i will support you to raise the BAIP threshold to 10.0 bitcny/bts！That's a very exciting thing!
--- End quote ---
You misunderstood me. I do not want to increase the feed price of the bitCNY. I want to leave it at the same level - 0.22 BTS/bitCNY. The BAIP threshold is just value, which now amounts to about 500 million votes, which must be overcome in order for the reduce the bitCNY price feed to be accepted.
--- End quote ---
You want to keep scamming bitasset holders and keeping bitassets with no trust ?
That's why you want to pay dividend so people will start using again a broken token ?
Why did people left bitassets where you try them to get back with a dividend ?
You think people are so dumb to take broken bitassets in exchange for a small dividend putting their money into CN-Votes hand ?
Great joke
--- End quote ---
bit assets are not broken - feed price on CEX are fake.
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