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Messages - merlin0113

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91
General Discussion / Re: Changes to Cover Rules - Eliminate 5% fee
« on: January 28, 2015, 12:07:01 am »

Agent86 will be happy.


That is about the only positive thing in today's changes/announcements.

Let's trigger Black Swan event with 125% average collateralization (or more... choose your number) + screw the shorts even more + let's add another not so useful order type to our buggy as hell product.

Awesome!

Is this the case? I'm really confused.

92
General Discussion / Re: Changes to Cover Rules - Eliminate 5% fee
« on: January 28, 2015, 12:05:13 am »
+5%
certainly to the right direction!

+1

Again we see another case of BM's openness to community voice. Good!

93
中文 (Chinese) / Re: bts抵押直接借出bitCNY或bitUSD的功能?
« on: January 27, 2015, 05:46:47 am »
自己short给自己就可以实现你的想法。得到的bitcny去咕噜网站兑换。

94
General Discussion / Re: Why is there still no BitUSD:BitBTC liquidity?
« on: January 27, 2015, 12:41:19 am »
Increasing BitAssets in circulation and having daily turnover ticking over is important.

I'd definitely like to explore any ideas that help kickstart BitAssets.

Also I didn't want to subsidise yield but if BitAssets aren't gaining traction I would consider it.

No subsidizing yield! 1x addition in BitAsset circulation does not necessarily lead to 3x addition to the BTS market cap. People could either put their money into BTS or BitAssets and the effect to BTS market cap should be similar. BitAssets are there for people who want to be exposed to the underlying asset's price and nothing more. We shouldn't have to incentivize them to hold it.

If a delegate put $2000 towards BitGold yield a month for 3 months we'd probably get a $100 000 BitGold CAP this week. So 3 delegates for 3 months as a promotion for BitBTC, BitSilver and BitGold & you'd have 5 BitAssets in the top 100 on CMC. (It can be justified if it's just a promotion to launch a BitAsset.)

Now if your argument is increasing the BitAsset supply numbers as free advertising on CMC, that is a different story. But I still do not support BTS dilution subsidizing that. Instead people holding large amounts of BTS should just short to themselves in markets where the BitAsset sell orders are not below (in BTS/BitAsset price) the price feed and there are virtually no short sell orders at the price feed. Their exposure to BTS remains the same, they can cover their short at any time, and all they need to do is keep track of the price to not get margin called and to cover their short (and ideally reopen a new short) before 30 days.

It is still "fake" numbers, but hey, it's advertising...

Yes. But BitAssets have been running for 6 months and people haven't done this shorting to themselves much.

I know subsidising yield doesn't get offset by the 3x BitAssets. The idea is that it's a promotion to kickstart the market. I believe a large part of our valuation is driven by the perception of how well we're doing at getting BitAsset adoption going - Gateways, Merchants, BitAsset CAP & turnover.

If our BitAssets still have no CAP in a month or two when BitGold & BitSilver by BitReserve comes out it will look very bad for us. If BitUSD rises above NuBits CAP it will look very good for us. So it's advertising and perception. BitAssets are a product, having a promotion to launch a product is pretty standard.

We need someone to organize this "promotion" before it's too late. There are still plenty of bitshares believers hanging on here at.

Another chicken and egg situation is putting BTS listed on a mainstream exchange ASAP. I know the centralized exchange is bad, but at the time being we don't have a choice. Please at least think about this move.

95
I'm still not convinced. This morning people panic sold everything into BTC.
BTS just had the problem, that it had some extra vested balances on the exchanges, what might have caused some more selling.

But to be honest, I'm not complaining we still managed to get a  +5% today. (fiat)
If we went down against fiat, then sure we would have a bit of a problem.

Your point is vested coins to be sold, which is not. I hope your confidenc won't fail you.

96
中文 (Chinese) / Re: 比特股推广简介
« on: January 26, 2015, 09:26:30 am »
自扯自淡在微博发布的这个《比特股一分钟入门教程:比特股(BitShares)是个啥东西?》http://weibo.com/p/1001603803068482337789推广简介挺好:

比特股(BitShares)是个啥东西?
2015年1月26日 01:07
它是一家去中心化无人自治公司,它是:

a)一个去中心化的“纳斯达克”交易所

        比特股是一个无人自治金融资产系统,就像“纳斯达克”交易所,任何人或机构都可以在系统里以极低的成本发行资产凭证(如股票、债券),并且这些凭证能在系统内自由交易。
 
b) 一个去中心化的支付宝

        比特股系统可以使用通过3倍抵押预借方式发行的数字现金(比特人民币或者比特美元),它们不仅能和法币一比一的兑换,还像一个跨国支付宝,价格稳定,交易速度快、成本低,安全、私密,无国界限制、无额度限制,通过网络就可以在任何时候发送到任何地方。

比特股系统完全自动运行,没有造假作恶风险,并且没有中心化的服务器,永远无法被摧毁。比特股就是这样的一家公司,而BTS,则是这家公司的股份。重构金融世界,是比特股的未来蓝图。


用类比的大白话简洁明了的道明了比特股的核心功能。

整体不错。术语多了些。

97
Look out there, I think we are really different from other coins in the perspective of trading volume. So this is not a valid excuse.

It's a real sign of people losing faith. I am pretty sure this means something to the whole community. We need to change or I can forsee a very dangerous crash when BTC hits low price. Or without.

98
中文 (Chinese) / Re: 比特股推广简介
« on: January 26, 2015, 08:14:31 am »
比特股系统就是金本位的密码学实现形式,其中的BTS就是黄金。
不仅如此,此密码学黄金还可以无限分割,时间维度上只要密码代码不被攻克就是硬通货,空间维度上只要联网即可发送接收不受物流成本限制。
模拟黄金,却胜过黄金。

99
+5%
I think the webwallet is the most important now

Edit:
Many people may are concerning digital currencies now after the down and up trend. If bitshares is usable these day, it is ppssible let people stay.

Yes, there is much buy power due to BTC rally. This may sounds short term vision, but if we can release 1.0 in time we will see a much stronger price rise these days.

100
General Discussion / Re: What is the highest priority Development task?
« on: January 26, 2015, 05:43:30 am »
以前大家都义务劳动,甚至倒贴钱,各尽所能,每天汇报工作
现在都是100%受托人,一边拿着高回报,一边抱怨着薪水低,一个月也看不到影子
再这么下去,只会让越来越多的人失望,让越来越多人离开

希望所有股东认真对待,严格把关,控制好100%受托人的质量和数量,试用期结束不合格的就开掉。
希望BM站出来,不要在BTS尚不成熟时搞什么去中心化开发,社区必须团结起来,必须有明确的规划,
只有这样我们才能突破投机者的操纵,让BTS的价值真正发挥出来

BITUSD锚定这么久了BTS才7分钱,你还在想搞什么新功能?还有什么功能比锚定更牛逼?
抓紧把客户端做的好用,发展用户群才是真正需要的,你还没想明白吗?

没有一个轻钱包和移动版钱包,类似于DACx的项目没办法普及,甚至都没办法推广啊

101
General Discussion / Re: What is the website countdown for?
« on: January 26, 2015, 04:43:05 am »
this countdown is useless, if you change the date all the time. what a joke!

We need strong leadership to avoid this mess imo.

102
I see the other day when a pump of 10% from 5000sats to 5500sats give confidense to bytemaster. So will this price loss frustrate bytemaster?

Here is the blunt question: will devs work more or work less when BTS price falled significantly? Or no impact at all? I heard from a seasoned coder that the BTS software development is not fast. I know he is a moderate guy, so I understand that his not fast is indeed slow .

I emphasis devs, because I think a well functional wallet and light wallet is the only things matter now. We (community members, investors, marketing enthusiasts ) simply cannot cook a meal without rice.

What's worse, it's possible here we are coming to a vicious circle: price and people confidence.

So if we can make some incentive plan offered to devs, aiming to work out a funtional 1.0 wallet due in Feb. by work 10 hours more weekly maybe?

103
Based the hangout people and the active members of this forum, just my guess. I would say it's below 1000users. Active users numbers, I mean who do transactions and wallet market orders, is even less.

104
+1

105
Of course its good.  Bitcoin going up directly pushes up BTS as well.

You are making assumption. It's not a truth. isn't it?

It is safe to call it a truth when talking in the short term value as measured in fiat.

A product we refer to as proof of waste? Now I'm really comfused about the BTS price movement. All the time, actually.

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