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Messages - Mysto

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61
General Discussion / Re: bitcoinmagazine.com disaster!
« on: November 19, 2014, 01:25:51 pm »
http://bitcoinmagazine.com/18467/dacs-vs-the-corporation/
That article could have been a nice read .. wasn't it for the huge amount of non-sense about BitShares ..
Not only does the author not know how to "write" BitShares correctly, the author also doesn't seem too interested in BitShares though want's to given in overview of the DAC/DAO technologies ..

Why can't I drop a comment there?
Can we fix this?
Eh I wouldn't call it a disaster.

62
General Discussion / Re: BTS is getting more competition... Snapcash
« on: November 19, 2014, 09:14:41 am »
??? ....

https://www.youtube.com/watch?v=kBwjxBmMszQ

lol

more dislikes than likes
Yea that might be because of the crappy ad but still once people see how easy it is... BOOM!
Time is running out.

64
General Discussion / Re: feed price relative bid/ask order will hurt us
« on: November 19, 2014, 03:07:23 am »
before we support this new feature, we should change the price feed logic.
It should include volume from wallet market, and the  feed price should  relative to volume.
I'm not sure if you are misinterpreting the feature.  It should allow people to place orders with a floor price but also with the additional stipulation that it tracks the feed price +/- a fixed offset.

I don't think there is a current suggestion to make the blockchain into a market maker or source of liquidity.  This feature just gives people more control over placing their orders.  I am also not in favor of a blockchain controlled market maker.

I am also hoping that it will be added to do short orders that can be a fixed offset from feed (only above the feed price).

I think we should also reconsider the policy that margin calls can't force buys above the feed price.
thanks, I actually have misinterpreting the feature
So I think this feature is good, but still need to be very careful when we use this function.
the problem is feed price logic, now feed price just be controlled by outside.
if wallet market volume is too much, it will attract people to attack it through outside price control.
So I think the price feed should  include inside market and calculate with  volume,  right?
The point of this is to make the internal market more accurate because of the low volume. Once volume is higher the market will be more accurate.
I think the day we have high volume on the internal market and on/off ramps come on line then I'm assuming this feature will no longer be needed and it will be removed.

65
General Discussion / Re: Why BTS is falling like this?
« on: November 18, 2014, 05:45:12 pm »
It's been falling since this thread & it's impact started setting in...

https://bitsharestalk.org/index.php?topic=9603.0

What the market really wants is what BTSX was.

I doubt this is it. Bitshares just launched and the price started to move up passing coins that were there for a year. When people saw it on CMC passing other currency most probably bought it without even knowing what it is or understanding it. Probably with fear of "missing the train". Now those people looking to make a quick buck are bailing and the people who actually believe in it are left.

So essentially it was a pump and dumb.

I think the same thing would have happened with or without all of those proposals.

66
General Discussion / Re: ETF for BitUSD
« on: November 16, 2014, 07:40:10 am »
Wouldn't it be easier, cheaper and more efficient to just buy 10% of BTS and 90% of bitUSD?

67
While I do strongly believe in BTS and think some of these ideas could change the world that is no guarantee of success. Just because an idea is genius does not mean it will take off. Maybe the timing is wrong, maybe someone else with more power and influence will steal it, etc. At this point I would consider BTS a penny stock and I would never take out margin to invest in a penny stock no matter how much I thought I could make or how good the company is. And I lean towards the risky side.

68
General Discussion / Re: BTS is Not an Alt Coin
« on: November 15, 2014, 06:13:42 pm »
Its an altcoin until it unseats bitcoin.
Yea I think that's how people out side this community see it (and apparently some inside the community do as well :P)

69
General Discussion / Re: We will have only ourselves to blame...
« on: November 05, 2014, 02:30:50 am »
I sometimes wish I had taken the other pill...blissful ignorance.
+5%

70
General Discussion / Re: Ray Kurzweil
« on: November 03, 2014, 03:19:53 am »
 +5%

71
General Discussion / Re: Made a video about BitUSD
« on: November 03, 2014, 12:26:48 am »
Made me laugh.

72
lucky you not live in china  country with  no privacy  LOL
If so, I accept this accusation, and please sue me.

Best reply!

I would say the USA in not far behind.

74
General Discussion / Re: Will we go below DOGE???
« on: November 02, 2014, 11:20:42 pm »
I would cry... :'( :'( :'(

75
If so, I accept this accusation, and please sue me.

Best reply!

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