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General Discussion / Re: Should BTS DEX buy into the EOS ICO?
« on: June 26, 2017, 01:21:43 pm »
Given a BSIP explaining the intentions behind buying EOS, perhaps.. otherwise this just looks like gambling.
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I don't know what payouts are we talking about here if in another thread core bitshares dev complains that bitshares reserve can't afford hiring a team of devs to fix essential flaws.It's absurd to suggest that the BTS DEX cannot afford developers, the reserve pool has hundreds of millions of Dollars in BTS at its disposal. The higher BTS gets in marketcap, the higher the reserve pool becomes.
So why not start spending these funds for hiring a team of professional developers first?
I don't know what payouts are we talking about here if in another thread core bitshares dev complains that bitshares reserve can't afford hiring a team of devs to fix essential flaws.It's absurd to suggest that the BTS DEX cannot afford developers, the reserve pool has hundreds of millions of Dollars in BTS at its disposal. The higher BTS gets in marketcap, the higher the reserve pool becomes.
l did ask them quite a few times this is Bter last repondIf that's what they're telling you, then they're lying.
The BTS for DNS is yet to be distributed
The BSIP doesn't provide a solution to Yield Harvesting because it doesn't create the issue in the first place. Profits would be sharedropped onto asset holders on a scheduled basis; this proposal is not vulnerable to the 'Yield Harvesting' issue that 'Socialized yield' was.
Please explain. AFAICS BSIP-0019 proposes to pay dividends on bitassets (among others).
What stops me from using my BTS for shorting bitassets into existence and keeping them in my wallet, with the goal of collecting dividends for them?
AFAIK the recent profit of our DAC stems from a giant refund paid by Xeroc's worker. We're far from a situation where the fees regularly exceed our costs.The previous estimate of 1 million BTS in fees per month is approx $320k, given that value was $6k when this thread started I believe the proposal is even more viable. It's up to the committee to figure out fees pegged to the dollar/cny so that we have accurate witness pay (and increased profitability of the DEX).
Your BSIP lacks a solution to the Yield Harvesting problem.
./min_hertz.hs referenceBlock genesisBlock blocksInPeriod amplitude referenceAssetValue
example: ./min_hertz.hs 50 1 100 0.5 25
output: 25.784882