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Main => General Discussion => Topic started by: Tuck Fheman on October 19, 2015, 09:13:46 pm

Title: How-To : Be a “Savvy bitUSD Holder” by bytemaster
Post by: Tuck Fheman on October 19, 2015, 09:13:46 pm

https://beyondbitcoin.org/how-to-be-a-savvy-bitusd-holder-by-bytemaster

Title: Re: How-To : Be a “Savvy bitUSD Holder” by bytemaster
Post by: liondani on October 19, 2015, 09:43:28 pm

Quote from: Tuck Fheman on October 19, 2015, 09:13:46 pm

https://beyondbitcoin.org/how-to-be-a-savvy-bitusd-holder-by-bytemaster

witnesses right now protect the shorter's to loose max 10% (from price-feed)
so your suggestion to sell our bitUSDs for 15%-20% profit can't be done anymore.

the system depends now more from the price feeds that witnesses publish and less from the open market.
Maybe it is quite good for the start but it must go to the direction bm suggests....

right now I can imagine many attacks that could manipulate the published price feed... 1.from the witness side . 2. from the exchanges side that give the feed-price (we need only 2 "technical problem''s" situation for a day)