现在的喂价真是服气，btc拉盘跟着拉，btc砸盘不动，造成爆仓成交不了就不说了，还搞的一堆人贴线抵押提现，爆仓不断增加，现在1bitcny可以抵押出0.7bitcny…贴线提现能把系统玩残，反正挂着不会成交…

Quote from: bitcrab on November 21, 2018, 08:52:53 am

Quote from: alt on November 20, 2018, 08:49:08 pm

according to bsip42, bitCNY is now very cheap than CNY. (price in DEX is 0.363CNY/BTS much higer than CEX which is 0.353)
you should decrease the feed price, why no action at all?
you know nothing about trade, and you even known nothing about bsip42, just stupid like an idiot.

bitCNY now has a less than 1% discount.

if there's no BSIP42, what happened in last 2 days will make bitCNY a more than 5% premium. we have experienced that in the past.

you can argue, but please stop shouting like a crazy dog.

You are aware that the possibility the price keeps moving down is bigger than it will go up from here?
With your stupid BSIP42 the few buy support people added to avoid a global settlement will be eaten from other trader leaving their collateral before a global settlement instead of the margins itself to lower the global settlement price on bitcny.

Right now you are just watching and doing nothing else than praying which is no solution at all.
Your OMO funds are being margin called already.You activly lost millions of BTS from the comitee accounts and i bet spring fund is also not doing well expecially on a global settlement event.
When the price dropped from 0.62 to 0.44 bitcny the CR was in tact.
You have been warned mutiple times also from me that once there will be a bigger down trend you will cause an unatural big  margin wall which will lead to a global settlement because people will stop eating margins and will close their own margin.
If you look closely you can see a big group of investors myself included who sold all their margin and not being activ because of BSIP42.
Would these people still have trust and the margin sold as it should be there wouldn't such a big margin wall exist which would make that other investors would instantly take their part instead of waiting because the margin wall seems unbreakable currently.

You said to me i'm yelling like a crazy dog.It was me predicting that the OMO fund will be margin called where you said its impossible.
It was me who said you will create a hughe margin wall in a bigger downtrend which will lead to a quick global settlement which you denied claiming there is enough liquidity for it.
And still you call other people crazy dog.
Your BSIP42 is a total failure causing only high risk of a global settlement in a downtrend with the possibility to lose all savings from a lot of people who didn't give you the authority to play with their investment like monopoly money.Its shocking to me how you treat other peoples savings for which majority had to work hard.
Even some bitshares admins lost faith in bitshares because of bsip42 and closed instantly all their margins.I think this says everything.
A network which has no trust of its community will never succeed

Quote from: alt on November 20, 2018, 08:49:08 pm

according to bsip42, bitCNY is now very cheap than CNY. (price in DEX is 0.363CNY/BTS much higer than CEX which is 0.353)
you should decrease the feed price, why no action at all?
you know nothing about trade, and you even known nothing about bsip42, just stupid like an idiot.

bitCNY now has a less than 1% discount.

if there's no BSIP42, what happened in last 2 days will make bitCNY a more than 5% premium. we have experienced that in the past.

you can argue, but please stop shouting like a crazy dog.

You should notice Alt that I (verbaltech2) and Alex (clockwork) aren't feeding either BitCNY or BitUSD.

Alex has been almost as angry as you lately about the bsip42 manipulation. I have been very vocal from the start about what I don't like about it.

The plan is just to watch and do nothing.

According to Xeroc :

"Guys, your understanding of a black swan is way off implementation"
"Before a global settlement, a short position has debt and collateral supporting the debt. During global settlement, you lose just enough of your collateral to support your debt and you lose the debt. Ever BTS in collateral that comes additional to the 100% will be give back to you.
The debt and supporting collateral will be migrated to the the issuer account.
With BSIP18, the global settlement fund in the issuer account can autonatically revive the asset in case the price feed goes back up so that the available collateral reaches MCR
Also, users can bid on the collateral and debt and thus obtain back their own position by providing the excess collateral.
In the meantime, long positions (those with bitusd, bitcny) are unaffected and trading goeabon as usual.
Borrowing and margin calls are disabled until the asset is revived"

I asked him 1-2 months back if he is going to take full responsability for keeping the BSIP42 activ which will lead to a global settlement since he was and still is the key proxy who could instantly close BSIP42.
A clear lack of real trader experience unable to foresight markets and effects of major changes

if  REAL_PRICE < MEDIAN and YOUR_PRICE > MEDIAN publish price

When attempting to write a market maker the slow movement of the feed can be difficult.

I would recommend the following:

if  REAL_PRICE < MEDIAN and YOUR_PRICE > MEDIAN publish price
if  REAL_PRICE > MEDIAN  and  abs( YOUR_PRICE - REAL_PRICE ) / REAL_PRICE  > 0.005 publish price

The goal is to force the price down rapidly and allow it to creep up slowly.

By publishing prices more often it helps market makers maintain the peg and minimizes opportunity for shorts to sell USD below the peg that the market makers then have to absorb. 

If we can get updates flowing smoothly then we can gradually reduce the spread in the market maker bots. 

*note: all prices in USD per BTSX