BitShares Forum

Main => General Discussion => Topic started by: mf-tzo on January 07, 2017, 03:10:39 pm

Title: bitassets and tether
Post by: mf-tzo on January 07, 2017, 03:10:39 pm
Has anyone else noticed that tether supply jumped from c$10 mil to c$15 mil in one day? wow!!! We need to do something and we need it now.. Our bitassets supply is c$300k and tether is $15 mil now..With the whole btc pump bitassets didn't increase at all..

I think we need urgently:

1) some liquidity from bts whales.Don't just leave your bts inactive..Just short sell some bitassets into existing and lock enough collateral to avoid margin calls..

2) We all need to use our dex more often

3) We need at least stop losses orders like poloniex. Can someone do a worker proposal please?

4) We need a lot of things to do as you all know but at least let's start with the above 3. It's been to many years already bitshares remain in the sidelines
Title: Re: bitassets and tether
Post by: JonnyB on January 07, 2017, 09:40:18 pm
1.) yes we do. I'm a whale but I'm scared to borrow and sell bitassets into the market beause I fear I won't be able to buy them back when I wish to close my position.

2.) its hard to use it when theres no liquidity, volume or market depth

3.) stop losses won't work if theres no liquidity

4.) People don't understand liquidity, volume and market depth and how hard it is to deal with this chicken and egg issue.