I don't know if you are really stupid or pretend to be stupid.No this not a math problem, it is a simple question - How much were the exact losses of transwise before they lied to the committee members, claiming huge losses so they can change the system to their liking?settlement's loss is zero? the loss is very complex, not a simple math question.How exactly did they lose more than 20 BTS?Quoteyes you are wrong - as in "it is not up to you to decide who is running a real business". And I might be wrong but real businesses do not complain for losing 20 BTS.
Who's lost 20 BTS, who is complaining, and what does this have to do with this thread on SQP? I think Transwiser is running a real CNY gateway business and I'm sure people there lost a lot more than 20BTS. Who said it was ever my decision to decide what is a real business?...
I don't know what the exact amount is, but ask JohnnyBitcoin. He was one of the ones using the force settlement so he can probably give you an estimate.
I have not used the forced settlement but I can give an exact number on their losses [due to the settlement]
Zero!
PS
Now, there is only one person that knows about exactly who made what and how much in the whole settlement fiasco, but it is not me. For that info you should ask scotter.
I do not know if he will ever speak, but I will be all ears if he does.
for example, transwiser borrow 100bitCNY, sell it to others for 100.2 CNY.
then somebody ask force settle at price 0.02CNY/BTS, transwiser get 100bitCNY, lost 5000 BTS.
how many loss or profit do you think it is?
may I ask you if you agree I can sell or buy all your BTS at latest market price anytime?
if you don't agree, the shorter's also don't want to accept this rule, so nobody will short if they all know what situation they have to face.
no, someone has lost, but that's not me, I demand to take actions not because anyone has suffered loss, but because the force settlement rule put a group of people in danger of getting big loss.
the reason why mankind is mankind, partly because they can forecast and take actions to prevent some bad thing from happening.
Yes, I know these are the people I try to protect from your crap! The one that bought bitCNY thinking they can sell at the peg by force settlement and now only can do it for 35% loss....only so you can keep your unrealistic promises, while not losing a dime.
why 35% loss? who? tell me, with snapshots at best.
Tony, can you provide constructive explanation how the settlement really works and how transwiser can minimize the risks, instead of being sarcastic?
Not forcing changes in the system by lying to the committee about inexistent losses, will be a good start on their behalve, as well.
(http://www.reactiongifs.com/r/O0oo0.gif)
@tonyk
So, we told that this is a temporary solution, but you don't believe in this statement, right?
That is ok... I don't believe you too when you say that the force settlement will be permanently disabled!
Let's see who is right!
Anybody wanna bet?!
@tonyk
So, we told that this is a temporary solution, but you don't believe in this statement, right?
That is ok... I don't believe you too when you say that the force settlement will be permanently disabled!
Let's see who is right!
Anybody wanna bet?!
Are you serious?
Aren't the lows you already reached as a committee [counting posts on this forum as a way to decide what to do] enough? So you plan on voting based on the bets you have personally made?
@tonyk
So, we told that this is a temporary solution, but you don't believe in this statement, right?
That is ok... I don't believe you too when you say that the force settlement will be permanently disabled!
Let's see who is right!
Anybody wanna bet?!
Are you serious?
Aren't the lows you already reached as a committee [counting posts on this forum as a way to decide what to do] enough? So you plan on voting based on the bets you have personally made?
@tonyk
Me counting posts?
The point of the discussion is that the disabling of the settlement function is temporary. Why are you changing subject now?
Do I have to ask you if I can be ironic the next time? Maybe only you have the permission to be ironic and sarcastic all the time?