Quote from: bitcrab on August 09, 2018, 11:14:48 am

what we want is just to avoid the price maunipulation from outside DEX.

Who/how can manipulate the price from outside of DEX?

Quote from: bitcrab on August 09, 2018, 10:56:16 am

Quote from: binggo on August 09, 2018, 10:48:37 am

I think the feed price（from the Centralized exchange）need to take on some responsibility.

The neck of the Decentralized exchange was grabbed by the Centralized exchange.

agreed, so need some witness to feed based on the BTS/bitCNY price in DEX, adding the bitCNY deposit fee.

LOL like i thought it is going to happen based on yesterdays first post here

Establishing the next price manipulation feature so even the feed price will be controlled from DEX

After seeing that post yesterday in chinese forum
https://bitsharestalk.org/index.php?topic=26909.0
i was 100% sure this request will come and that your thread is a part of that strategy to control price feed so you can't get margin called anymore.

LOL
Creating a centralised dictarorship


Arbitrage didn't worked for you since price feed keept going down so now you try to even manipulate/dictate the feedprice

Quote from: bitcrab on August 09, 2018, 10:48:11 am

you cannot say the price 1.08 is faked but 0.85 is a true price. every price is the result of the activities in markets.

if there is no OMO, maybe the price has fallen to under 0.6.

Of course i can't but i can assume based on experience that we would be based on CMC something between 30 and 28 and the price of 1.08 CNY causing that we were for a short time rank 24 caused a big down pressure since based on market conditions people were not willing to by BTS at that high price seeing it as overpriced.You could clearly see it on DEX that the price didn't moved higher than 1.105 when few people were buying near buy support in hope it may bounce from the wall

Quote

while George Soros short HKD in 1998, as the Hong Kong Financial Management Officer, Mr Zeng Yinquan definitely need to do what he can to protect HKD and defeat Soros.

I can't imagine that Mr Zeng invite Soros to a party and tell him :"Well done, Buddy! Hong Kong is a free financial market, do what you like."

Maybe Mr Zeng remove the chance for Soros to buy HKD at the cheapest price, yes, that is his responsibility.

And so do OMO for BTS.

the chanllenge for OMO is how to get the purpose with high efficiency and low risk, surely OMO need to behave better.

Total crap which you have completly no understanding at all.
What you are doing here is mixing political battle using economics comparing to a healthy ecosystem which should grow.
China is since decades in an economical battle with the US to open their money control so  the US can flood China with uncontrolled money.For this purpose even Bitcoin was used in the past which leaded to a ban in China .
Sorros attack was an economical attack to weaken the chinese resistense and had nothing to do with making money.Of course when Soros is winning he is making money but this is not economical motivatd but political where you clearly lack of knowledge else you wouldn't use it here.

Also your argument using on a small ecosystem like bitshares is a joke.
Will people here suffer because of a lower price ?Have lower amount of food,being flooded with foreign worthless USD etc like in HK ?
I highly doubt that.The only suffering would be the big bag holders near margin loosing more BTS which would lead to a better distribution.

So this is a clearly fund to protect your own asset.
You are clearly using BTS for your own personal interrest and not for the benefit of the bitshares community cause i didn't saw a single proposal from you about marketing bitshares DEX to get new members .
If i'm not mistaken your vote support is also very thin.You care about liquidity but did you even voted for the DEXBot as example ?

Nothing about that.
The only thing i always see about you the last year is how we keep holding the price up so i won't lose much BTS.
I give a fuck if you lose BTS so as you give a fuck if i buy cheap BTS.

And you are clearly violating every single principle of bitshares dex being a decentralised exchange with full transparency.
You are not decentralised at all using not your funds to dictate a price and most important your transperancy is ZERO.

Another fact is that you give shit about the international community which will lead into a fight since people are tired of your crap and expacially favorising the chinese market destroying the bitusd market and in the same time pushing volume on gdex

Maybe i'm the only one who is talking about it openenly but you can read it everywhere in closed chats.
Commitee members seems to have no balls to tell it to you directly i guess fearing about their benefits however you reached a point were i say clearly STOP ........
You have done a lot for the bitshares community there is no doubt about it but this gives you not the right to start abusing it this way


Also please inform us who approved lowering the Ratio for creating new Assets from higher than 4 to lower than 2 ?
Did the community or commitee members decided or even talked about it ?

I hope you are also aware of it that many people stopped buying BTS when it was on rank 24/25 claiming its overpriced and that this value doesn't represent any real value growth.
Its just a pump which always leads sometime to a dump like when your buy wall was eaten

Quote

this is the initial logic design at the start time of OMO, now when check it again, seems it is a little too conservative.

the OMO has an advantage that other funds do not have, it has daily income of 200K BTS and also bitCNY&bitUSD market fees, so it is more powerful to resist risks - when risk appear, we can use the new coming BTS and smarcoins to increase the ratio.

now the cnytrader team do the trading based on some other logic, mainly on the margin call price and the "bottom price" in our mind, we now suppose the price of about 0.75CNY is the bottom price and it's safe enough to set the margin call price at this point.

yes, tomorrow we'll use the new coming funds to increase the ratio.

and, actually I hope committee members from USD world can take care the committee-usdoperator account and do the bitUSD trading tasks, no problem to remove me from the multisig of committee-usdoperator.

You are already planning future RP funds which i disagree.Many members already stated that this fund is already to big and leave peanuts for other WP .

You can't take future RP funds hostage