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Check your ego at the door! 8)
Ask the questions you've always wanted to ask but were too embarrassed to admit you didn't know.
Examples :
- Market dynamics, PEG
- Shorting, margin calls
- BitShares X application
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I'll go first:
(http://i.imgur.com/nyxGelR.png)
How do you interpret this? I know it's depicting market depth, but how exactly...
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- I am always mixing up "ask" and "short" .. is there an easy way to remember what is what? Especially if you consider that the market USD/BTSX can be flipped to BTSX/USD??
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I'll go first:
(http://i.imgur.com/nyxGelR.png)
How do you interpret this? I know it's depicting market depth, but how exactly...
(http://i.imgur.com/516v5Nz.jpg)
http://www.reddit.com/r/Bitcoin/comments/1aqtgo/a_note_for_newbies_about_market_forces_feel_free/
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- I am always mixing up "ask" and "short" .. is there an easy way to remember what is what? Especially if you consider that the market USD/BTSX can be flipped to BTSX/USD??
Ask = Sell
Bid = Buy
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I read a lot in here about the market peg for bit asset...
I know what the concept means, but except for pre-defined market consensus, I don't see how it can peg to the USD value. Is market consensus a sufficient force to keep the peg?
My understanding of shorting is selling something you don't have (and borrow) for a fixed price in the future, betting the price will drop so you'll be able to buy it cheaper later and make a profit. (Am I right?) But how does shorting could get the value of bitusd to drop compared to usd and affect the peg?
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What is NPT?
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- I am always mixing up "ask" and "short" .. is there an easy way to remember what is what? Especially if you consider that the market USD/BTSX can be flipped to BTSX/USD??
Ask = Sell
Bid = Buy
If I want to have USD I actually appear at the ASK side ... which contradicts your proposal .. doesn't it?
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What is NPT?
If you are refereing to NTP .. that the "network time protocol" and is used to synchronized clocks over the internet ..
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What is NPT?
If you are refereing to NTP .. that the "network time protocol" and is used to synchronized clocks over the internet ..
Yes, that. And how do you install/run a 'protocol' or you actually run some server/app?
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What is NPT?
If you are refereing to NTP .. that the "network time protocol" and is used to synchronized clocks over the internet ..
Yes, that. And how do you install/run a 'protocol' or you actually run some server/app?
you run a "daemon" which is a service that runs in the background ... there are different implementations .. such asn 'ntpd' (d for deamon) .. or 'openntpd' ..
they all do the same thing .. some have fancy features .. some are easier to configure/run .. others use less memory .. what ever you prefer
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I'll go first:
(http://i.imgur.com/nyxGelR.png)
How do you interpret this? I know it's depicting market depth, but how exactly...
Where it's flat there are no orders at that price - price could move very quickly across that range.
Where its vertical there are single big orders in the market - price will have difficulties crossing that threshold. That's what you call a "wall".
The total height tells you how many orders there are up to a certain price. For example if somebody suddenly sold 50 000 with no price limit, the price would drop to 19. It somebody bought 50 000 it would rise to about 33.
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- I am always mixing up "ask" and "short" .. is there an easy way to remember what is what? Especially if you consider that the market USD/BTSX can be flipped to BTSX/USD??
ask - you 'ask' certain price for what you already have.
short - you again sell; but you do not actually have what you are selling - I am 'short' on water.
...
bid - I bid on an item on ebay. I am coming with the money to 'buy' something from the seller.
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- I am always mixing up "ask" and "short" .. is there an easy way to remember what is what? Especially if you consider that the market USD/BTSX can be flipped to BTSX/USD??
It's originally called ask because you are asking for money. So you want to sell something (that normally would not be money).
When you trade money for money it just becomes confusing :)
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OK, I've got a stupid question too:
Does anybody else think that BitShares sounds like a well known word for "female dogs"?
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- I am always mixing up "ask" and "short" .. is there an easy way to remember what is what? Especially if you consider that the market USD/BTSX can be flipped to BTSX/USD??
It's originally called ask because you are asking for money. So you want to sell something (that normally would not be money).
When you trade money for money it just becomes confusing :)
That now makes sense :)
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What is the meaning of Margin Orders in wallet market?
When and how they show up and disapper?
thanks.
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What is the meaning of Margin Orders in wallet market?
When and how they show up and disapper?
thanks.
They shop up when your short order was matched by s.o. buying
It will disappear when you cover your 'short' by buying back the asset (ie, USD) and give it back to 'the back' .. then you will also get back your collateral (stated in the margin order, too)
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I found this enlightening. Simplistic but it certainly gets the concept across: http://bclund.com/2011/08/08/how-to-explain-short-selling-to-a-non-trader-like-your-mother/
Also, thank you Markus for the depth chart explanation! I always wondered if it was cumulative. Now I know:).
Great thread, MeTHoDx.
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Also, thank you Markus for the depth chart explanation! I always wondered if it was cumulative. Now I know:).
in math terms: non monotonic increasing functions starting at (or close to) the current price
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Great thread!
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OK, I've got a stupid question too:
Does anybody else think that BitShares sounds like a well known word for "female dogs"?
LOL
not before I read this post
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OK, I've got a stupid question too:
Does anybody else think that BitShares sounds like a well known word for "female dogs"?
LOL
not before I read this post
BitShares - Make the market yours.
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What is the meaning of Margin Orders in wallet market?
When and how they show up and disapper?
thanks.
In other markets the margin order are placed when you get a margin call. You get Margin Call when your collateral falls below the margin required.
I do not know why in BTSX margin orders appear right away (I guess it has something to do with the fact that BTSX is on a blockchain).
Margin orders will disappear in 2 cases:
1.If you close your short position.
1.If you collateral indeed falls below the required and that Margin order is actually executed.
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What is the meaning of Margin Orders in wallet market?
When and how they show up and disapper?
thanks.
In other markets the margin order are placed when you get a margin call. You get Margin Call when your collateral falls below the margin required.
I do not know why in BTSX margin orders appear right away (I guess it has something to do with the fact that BTSX is on a blockchain).
Margin orders will disappear in 2 cases:
1.If you close your short position.
1.If you collateral indeed falls below the required and that Margin order is actually executed.
The margin order is not an "actual order" it just makes it clear to everyone involved at what point it will "become an order"
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The margin order is not an "actual order" it just makes it clear to everyone involved at what point it will "become an order"
:o That makes all kinds of sense. So it's an informational book only.
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The margin order is not an "actual order" it just makes it clear to everyone involved at what point it will "become an order"
That is an argument for another time, but I would prefer if not everybody was aware where those shorts will get the margin call.
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OK, I've got a stupid question too:
Does anybody else think that BitShares sounds like a well known word for "female dogs"?
LOL
not before I read this post
BitShares - Make the market yours.
lol, yes some people thought that, when I told them about it. You just have to speak slowly and pronounce the t, make a break, and then shares.
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The margin order is not an "actual order" it just makes it clear to everyone involved at what point it will "become an order"
That is an argument for another time, but I would prefer if not everybody was aware where those shorts will get the margin call.
Sunlight... if information is available for those who know how to find it and gives them an "advantage" then it could harm the market. If *EVERYONE* knows then more market participants can price in short squeeze risk and the result is that the squeeze will be less likely.
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What is the meaning of Margin Orders in wallet market?
When and how they show up and disapper?
thanks.
They shop up when your short order was matched by s.o. buying
It will disappear when you cover your 'short' by buying back the asset (ie, USD) and give it back to 'the back' .. then you will also get back your collateral (stated in the margin order, too)
In other markets the margin order are placed when you get a margin call. You get Margin Call when your collateral falls below the margin required.
I do not know why in BTSX margin orders appear right away (I guess it has something to do with the fact that BTSX is on a blockchain).
Margin orders will disappear in 2 cases:
1.If you close your short position.
1.If you collateral indeed falls below the required and that Margin order is actually executed.
The margin order is not an "actual order" it just makes it clear to everyone involved at what point it will "become an order"
As the explanation from Xeroc ,Tonyk and Bytemaster , we can figure out the total BitAssets shorted in the market at present through calculating the Margin Orders info.
Am I right?
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The margin orders only shows the top 100...
You can go in your wallet to: Directory / Assets / USD and see the current share supply: 485,250.3572 USD
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we can figure out the total BitAssets shorted in the market at present through calculating the Margin Orders info.
Am I right?
The total shorted is equal to the total bitAsset supply - so this info is more readily available. From those margin orders you can see those that (if the price moves in that direction) will be executed first, at what price and how much/how big those orders are.
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The margin orders only shows the top 100...
You can go in your wallet to: Directory / Assets / USD and see the current share supply: 485,250.3572 USD
The total shorted is equal to the total bitAsset supply - so this info is more readily available. From those margin orders you can see those that (if the price moves in that direction) will be executed first, at what price and how much/how big those orders are.
Got it...
Thank you , and thank MeTHoDx for the thread.
:)
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I read a lot in here about the market peg for bit asset...
I know what the concept means, but except for pre-defined market consensus, I don't see how it can peg to the USD value. Is market consensus a sufficient force to keep the peg?
My understanding of shorting is selling something you don't have (and borrow) for a fixed price in the future, betting the price will drop so you'll be able to buy it cheaper later and make a profit. (Am I right?) But how does shorting could get the value of bitusd to drop compared to usd and affect the peg?
Shorting is indeed selling some asset you borrowed, however not for a fixed price in the future (this would be forward trade), but at the currently prevailing (spot) market price. In the future, the short seller "covers" his short position by buying the asset at then prevailing (spot) market price, and returns the asset to the lender.
with regards to the peg, as far as I understand - there is a mechanism in place within bitsharesX which enables willing market participants (arbitrageurs) to make profits whenever bitUSD moves far away from the USD value, expressed in BTSX terms. I might be still missing some important reasoning behind the peg, e.g. prediction markets stuff. Are there implicit or explicit penalties in place for both shorts and longs, in case bitUSD were to stabilize around 0.5 USD? or 1.5 USD?
Yet
- whenever bitUSD is reasonably undervalued vs. USD (which recently meant somewhere below 0.75), such arbitrageurs establish their longs in bitUSD (buying bitUSD with BTSX), thus moving its price higher somewhat closer to the peg, adjusted for BTSX/USD rate moves. To neutralise the risk that BTSX price increases in USD terms while peg readjusting, they would simultaneously buy corresponding BTSX amoung for USD on some centralised exchange. Finally, positions are unwound, when achieving profit after peg readjusted: sell bitUSD for BTSX, and sell BTSX for USD.
- whenever bitUSD becomes expensive vs. USD (which currently means somewhere above 0.95), then arbitrageurs can go short bitUSD by "borrowing bitUSD from bitsharesX", e.g. issuing for that very purpose newly created bitUSD into the hands of the willing buyers. Short sellers have to collateralise their positions by certain amount of their BTSX - which ensures that they don't simply run away if their short position loses value. The act of satisfying bitUSD demand with newly issued bitUSD contributes to bitUSD price downward pressure vs. BTSX, again moving bitUSD closer to USD peg. Still, to neutralise the risk of BTSX falling in USD terms while peg readjusting, such short sellers would exchange correspondent amount of their BTSX holdings into USD on some centralised exchange for the duration of their trade. Finally, positions get unwound, either when achieving profit after peg readjusted, or via "margin call": bitUSD short gets covered with BTSX collateral released, and buy back BTSX for USD on the centralised exchange. At short covering, bitUSDs previously created by bitsharesX for the shorting purpose, get simultaneously destroyed (e.g. borrowed asset is returned to the issuer).
Note: arbitrageur shorting bitUSD, who is also BTSX bull, risks missing BTSX rally while performing arbitrage. Therefore BTSX bulls should simply short sell overvalued vs peg bitUSD, thus contributing to the peg, while carrying the risk of BTSX fall vs USD.
Implementing all this sounds difficult, but arbitrage will be automatised as the market matures and so becomes more efficient. ;)
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Is it a way to make orders depending on bitUSD/USD ratio?
I mean how can I put an order to buy bitUSD for example when bitUSD is 85% of USD and lower without the need to calculate it manual every time?
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Is it a way to make orders depending on bitUSD/USD ratio?
I mean how can I put an order to buy bitUSD for example when bitUSD is 85% of USD and lower without the need to calculate it manual every time?
Within BitShares not at the moment.
It would have to be linked to the delegate price feed which some might consider a risk. But since short orders depend on that feed I can't think of a reason why normal trades should not have it as an option. It would consume some resources though (RAM and maybe even blockchain space)
For now you can do that here: https://bter.com/trade/BITUSD_USD
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it would increase market depth if we could make orders depended of the ratio... imagine an order like : buy x bitUSD at ratio:85%
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When a snapshot gets taken for a future chain, would you have to cancel your orders?
And would bit assets also give you a piece of the pie in a future chain, or only BTSX?
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When a snapshot gets taken for a future chain, would you have to cancel your orders?
And would bit assets also give you a piece of the pie in a future chain, or only BTSX?
Related: What if all your BTSX are held as collateral when a snapshot is created?
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Btsx in collateral or orders is still owned by a public key and can participate in snapshots.
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it would increase market depth if we could make orders depended of the ratio... imagine an order like : buy x bitUSD at ratio:85%
I like this idea.
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it would increase market depth if we could make orders depended of the ratio... imagine an order like : buy x bitUSD at ratio:85%
+5%
This is a great idea!
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I like this thread. Here is my question:
Are there any more trading gui screenshots? Sure would be nice to see some more.
I have been holding back from trading until the gui gives a more detailed picture of the market.
Also, I really like the way svk has done the "Shorts range" on his block explorer site, which shows what prices below the median we are allowed to short at. This should be in the trading gui.
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I like this thread. Here is my question:
Are there any more trading gui screenshots? Sure would be nice to see some more.
I have been holding back from trading until the gui gives a more detailed picture of the market.
Also, I really like the way svk has done the "Shorts range" on his block explorer site, which shows what prices below the median we are allowed to short at. This should be in the trading gui.
No more screenshots atm .. but be assured .. people are working on a WAY better trading platform for bitsharesX .. but hey .. pssst. :-)
give them some weeks
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How exactly do I go about shorting bitUSD? ??? Can anyone give me an example of ideal conditions that will earn profit?
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How exactly do I go about shorting bitUSD? ??? Can anyone give me an example of ideal conditions that will earn profit?
btsx will be up in value compared to the USD at any time in the future which you will want to wait for and are ok with not having your btsx in the meantime.
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How exactly do I go about shorting bitUSD? ??? Can anyone give me an example of ideal conditions that will earn profit?
I found this useful: http://bclund.com/2011/08/08/how-to-explain-short-selling-to-a-non-trader-like-your-mother/ (http://bclund.com/2011/08/08/how-to-explain-short-selling-to-a-non-trader-like-your-mother/)
The whole idea is you want to buy bitUSD later for less than you're borrowing it for now.
1) You "borrow" 100 bitUSD worth of BTSX and sell it right away
2) At some point in the future you need to buy 100 bitUSD worth of BTSX to cover (destroy) the bitUSD you created.
The way you profit is that if you can get more bitUSD per BTSX later than you can now. This means BTSX needs to rise in value vs bitUSD. So people who short bitUSD are bullish on BTSX.
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How exactly do I go about shorting bitUSD? ??? Can anyone give me an example of ideal conditions that will earn profit?
When we were in the bubble the pushed the marketcap to $100MM USD that would have been the ideal time to short some bitUSD. Of course most bubbles are only recognizable in retrospect though many claim to be able to recognize them.
Basically to make a profit shorting bitUSD you have to believe BTSX is over valued. Since you're "borrowing" the BTSX and selling them for bitUSD in the hopes of being able to buy them back later for less.
I found this useful: http://bclund.com/2011/08/08/how-to-explain-short-selling-to-a-non-trader-like-your-mother/ (http://bclund.com/2011/08/08/how-to-explain-short-selling-to-a-non-trader-like-your-mother/)
not true .. if you are shorting bitUSD .. than you are betting that one BTSX will buy you more bitUSD in future .. so the bitUSD / BTSX price should fall to make a profit
in btsx ... the bitUSD is the good and btsx is the currency
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How exactly do I go about shorting bitUSD? ??? Can anyone give me an example of ideal conditions that will earn profit?
When we were in the bubble the pushed the marketcap to $100MM USD that would have been the ideal time to short some bitUSD. Of course most bubbles are only recognizable in retrospect though many claim to be able to recognize them.
Basically to make a profit shorting bitUSD you have to believe BTSX is over valued. Since you're "borrowing" the BTSX and selling them for bitUSD in the hopes of being able to buy them back later for less.
I found this useful: http://bclund.com/2011/08/08/how-to-explain-short-selling-to-a-non-trader-like-your-mother/ (http://bclund.com/2011/08/08/how-to-explain-short-selling-to-a-non-trader-like-your-mother/)
not true .. if you are shorting bitUSD .. than you are betting that one BTSX will buy you more bitUSD in future .. so the bitUSD / BTSX price should fall to make a profit
How is that different from what I said? :)
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How is that different from what I said? :)
Basically to make a profit shorting bitUSD you have to believe BTSX is over valued. Since you're "borrowing" the BTSX and selling them for bitUSD in the hopes of being able to buy them back later for less.
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How is that different from what I said? :)
Basically to make a profit shorting bitUSD you have to believe BTSX is over valued. Since you're "borrowing" the BTSX and selling them for bitUSD in the hopes of being able to buy them back later for less.
Doh. Ya, I got it backwards. Fixed :D
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Question: Do I have to keep my balance on-line constantly in order to received "credit" for my balance or to be able to have my votes count or can I hold my wallet off-line?
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Question: Do I have to keep my balance on-line constantly in order to received "credit" for my balance or to be able to have my votes count or can I hold my wallet off-line?
you can hold your wallet offline ... your votes become active upon you 'vote' transcation (button press) ...
however you balance does not increase automatically as in some other POS schemes such as peercoin,NXT,mintcoin etc...
in a few weeks the devs will implement some kind of reward/interest system (name not set yet) for bitAssets ..those will also accumulate "offline" ..
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Question: Do I have to keep my balance on-line constantly in order to received "credit" for my balance or to be able to have my votes count or can I hold my wallet off-line?
however you balance does not increase automatically as in some other POS schemes such as peercoin,NXT,mintcoin etc...
Thanks for your reply. I am a bit confused about your statement above. Do you mean that if I add to my balance (send BTSX to my wallet) that the wallet will need to re-sync the next time it is on-line before those transactions show up?
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Thanks for your reply. I am a bit confused about your statement above. Do you mean that if I add to my balance (send BTSX to my wallet) that the wallet will need to re-sync the next time it is on-line before those transactions show up?
In some POS schemes such as Peercoin you can MINT new coins into existence .. these are then added to you account.
BTSX uses a different security scheme and does not mint new coins ..
if you transfer btsx from an exchange or an other account to your account .. you will of course need to first synchronize to the network again .. that's the same with bitcoin ...
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I originally posted this in the bitUSD interest announcement but it's better suited here :) .
Why not just buy bitUSD on the open market so your BTSX isn't held up?
Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time.
I'm clearly missing something here. Someone help me fill in the blanks.
1) I short 100 bitUSD which at current $0.031 peg(ish) would be ~3225.82 BTSX
2) Someone takes the other side so now there's an extra 100 bitUSD supply and I have about 6451.61 BTSX tied up in collateral
3) Fast forward to Dec. 1st, 2014 when BTSX/bitUSD is 1/1 ( :D Hush, it's my hypothetical example)
4) I buy 100 bitUSD for 100 BTSX and cover my order, releasing the 6451.61 BTSX back into my account.
Is it the case that of the 6451.61 BTSX half of it came from selling the original 100 bitUSD and therefore is profit (minus the 100 BTSX I had to spend to buy the bitUSD to cover)?
If I bought my own short wouldn't I just be breaking even?
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Question:
If I have btc and I happy with the value of approximately 480.00 +/- USD per btc, can I purchase BTSX > then transfer BTSX to my wallet > then purchase BitUSD and store the value in the exchange and retain my approximately 480.00 USD? Rather than sell my BTC on coinbase or elsewhere and convert it to fiat and store it in a bank? What are the advantages or disadvantages if this is how it would work.
Thanks!
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Question:
If I have btc and I happy with the value of approximately 480.00 +/- USD per btc, can I purchase BTSX > then transfer BTSX to my wallet > then purchase BitUSD and store the value in the exchange and retain my approximately 480.00 USD? Rather than sell my BTC on coinbase or elsewhere and convert it to fiat and store it in a bank? What are the advantages or disadvantages if this is how it would work.
Thanks!
Absolutely! On Bter.com (http://bter.com) you can actually move directly from BTC -> BitUSD.
If you can't trade directly from BTC to BitUSD, like you said, you can go from BTC -> BTSX -> move to wallet/exchange app -> trade to BitUSD.
Your $480 will be "locked in" even if BTSX goes down in value.
I don't know if you've heard about the announcement but starting this Wednesday, holders of BitUSD (and any other BitAsset) will be paid interest on their holdings. You'll be sheltered from the volatility of cryptocurrencies and you'll still be making about 5 - 10% interest per year. So moving your BTC into BitUSD will be considerably more profitable than keeping it on an exchange or in a local bank.
BitGLD and BitSLV will launch in the near future so putting your funds in gold and silver will be another option for you to consider. :D
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Question:
If I have btc and I happy with the value of approximately 480.00 +/- USD per btc, can I purchase BTSX > then transfer BTSX to my wallet > then purchase BitUSD and store the value in the exchange and retain my approximately 480.00 USD? Rather than sell my BTC on coinbase or elsewhere and convert it to fiat and store it in a bank? What are the advantages or disadvantages if this is how it would work.
Thanks!
Absolutely! On Bter.com (http://bter.com) you can actually move directly from BTC -> BitUSD.
If you can't trade directly from BTC to BitUSD, like you said, you can go from BTC -> BTSX -> move to wallet/exchange app -> trade to BitUSD.
Your $480 will be "locked in" even if BTSX goes down in value.
I don't know if you've heard about the announcement but starting this Wednesday, holders of BitUSD (and any other BitAsset) will be paid interest on their holdings. You'll be sheltered from the volatility of cryptocurrencies and you'll still be making about 5 - 10% interest per year. So moving your BTC into BitUSD will be considerably more profitable than keeping it on an exchange or in a local bank.
BitGLD and BitSLV will launch in the near future so putting your funds in gold and silver will be another option for you to consider. :D
So basically this is the best thing ever? If I can be the test sample as a layman // the future average user...this is incredible.
I can put some savings stash in bitUSD and convert to physical fiat if I ever wanted to and be gaining 5-10% per year?
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So basically this is the best thing ever? If I can be the test sample as a layman // the future average user...this is incredible.
I can put some savings stash in bitUSD and convert to physical fiat if I ever wanted to and be gaining 5-10% per year?
It is a great experiment, like Bitcoin, so gauge your risk tolerance accordingly. That said, yes, this could be pretty great. I suspect at some point it'll snowball enough momentum that most people will use it because that's where the action is (yes, that is circular logic but it works in this case like Facebook or Twitter). BitSharesX doesn't have to convince everyone, just enough to create a sustainable marketplace.
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So basically this is the best thing ever? If I can be the test sample as a layman // the future average user...this is incredible.
I can put some savings stash in bitUSD and convert to physical fiat if I ever wanted to and be gaining 5-10% per year?
Yup. Since the exchange is decentralized and autonomous, most fees are given to BitAsset holders. So the actual interest rate is variable and could potentially be more than 10% depending on trading activity.
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would it be better that the system quit/cancel automaticaly market orders that are for example more than 4 months old, since it could be trapped collateral from users they could not cancel their orders due the current buggy software (?)
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I originally posted this in the bitUSD interest announcement but it's better suited here :) .
Why not just buy bitUSD on the open market so your BTSX isn't held up?
Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time.
I'm clearly missing something here. Someone help me fill in the blanks.
1) I short 100 bitUSD which at current $0.031 peg(ish) would be ~3225.82 BTSX
2) Someone takes the other side so now there's an extra 100 bitUSD supply and I have about 6451.61 BTSX tied up in collateral
3) Fast forward to Dec. 1st, 2014 when BTSX/bitUSD is 1/1 ( :D Hush, it's my hypothetical example)
4) I buy 100 bitUSD for 100 BTSX and cover my order, releasing the 6451.61 BTSX back into my account.
Is it the case that of the 6451.61 BTSX half of it came from selling the original 100 bitUSD and therefore is profit (minus the 100 BTSX I had to spend to buy the bitUSD to cover)?
If I bought my own short wouldn't I just be breaking even?
There should be fees associated with shorting depending on how far away from the peg it is (bitUSD to $1 USD)... anything above I think yea you would break-even (incentive to short) and anything below you would pay a fee and would not break-even in btsx terms (incentive to buy). Ofcourse you would profit if btsx rises, and lose if btsx falls from initial price.
The fee would be a market derived value and you won't know it until the time you want to execute the short trade.
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Question:
If I have btc and I happy with the value of approximately 480.00 +/- USD per btc, can I purchase BTSX > then transfer BTSX to my wallet > then purchase BitUSD and store the value in the exchange and retain my approximately 480.00 USD? Rather than sell my BTC on coinbase or elsewhere and convert it to fiat and store it in a bank? What are the advantages or disadvantages if this is how it would work.
Thanks!
Absolutely! On Bter.com (http://bter.com) you can actually move directly from BTC -> BitUSD.
If you can't trade directly from BTC to BitUSD, like you said, you can go from BTC -> BTSX -> move to wallet/exchange app -> trade to BitUSD.
Your $480 will be "locked in" even if BTSX goes down in value.
I don't know if you've heard about the announcement but starting this Wednesday, holders of BitUSD (and any other BitAsset) will be paid interest on their holdings. You'll be sheltered from the volatility of cryptocurrencies and you'll still be making about 5 - 10% interest per year. So moving your BTC into BitUSD will be considerably more profitable than keeping it on an exchange or in a local bank.
BitGLD and BitSLV will launch in the near future so putting your funds in gold and silver will be another option for you to consider. :D
Since Wednesday will be a big day for bitUSD, folks should move their BTSX into bitUSD and sell at the appropriate time? I'm guessing BTSX may drop off because of big bitUSD buys.
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I originally posted this in the bitUSD interest announcement but it's better suited here :) .
Why not just buy bitUSD on the open market so your BTSX isn't held up?
Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time.
I'm clearly missing something here. Someone help me fill in the blanks.
1) I short 100 bitUSD which at current $0.031 peg(ish) would be ~3225.82 BTSX
2) Someone takes the other side so now there's an extra 100 bitUSD supply and I have about 6451.61 BTSX tied up in collateral
3) Fast forward to Dec. 1st, 2014 when BTSX/bitUSD is 1/1 ( :D Hush, it's my hypothetical example)
4) I buy 100 bitUSD for 100 BTSX and cover my order, releasing the 6451.61 BTSX back into my account.
Is it the case that of the 6451.61 BTSX half of it came from selling the original 100 bitUSD and therefore is profit (minus the 100 BTSX I had to spend to buy the bitUSD to cover)?
If I bought my own short wouldn't I just be breaking even?
Hi guys,
I just would like to say that I have same problem of understanding this, specially this statement "Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time."
The way I understand this statement is if I have 100000BTSX and split it 50% in BTSX short and 50% buy bitUSD long then in some time in the future I should be able to double my original 100000BTSX. It would be really great if somebody who has better understanding of this to try to explain it to some of us who don't get it.
Regards :)
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Hi guys,
I just would like to say that I have same problem of understanding this, specially this statement
"Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time."
The way I understand this statement is if I have 100000BTSX and split it 50% in BTSX short and 50% buy bitUSD long then in some time in the future I should be able to double my original 100000BTSX. It would be really great if somebody who has better understanding of this to try to explain it to some of us who don't get it.
Regards :)
I don't think anybody understood that one - it's been totally ignored in the original thread.
Normally BM's arguments are fairly reasonable. But then he was sick over the weekend. ;)
edit: he seems to be explaining something related here:
https://bitsharestalk.org/index.php?topic=8521.msg110787#msg110787
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Hi guys,
I just would like to say that I have same problem of understanding this, specially this statement
"Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time."
The way I understand this statement is if I have 100000BTSX and split it 50% in BTSX short and 50% buy bitUSD long then in some time in the future I should be able to double my original 100000BTSX. It would be really great if somebody who has better understanding of this to try to explain it to some of us who don't get it.
Regards :)
I don't think anybody understood that one - it's been totally ignored in the original thread.
Normally BM's arguments are fairly reasonable. But then he was sick over the weekend. ;)
He explained it once six or seven months ago when this was all just pie in the sky. I'll see if I can dig it out...but it didn't make sense to me then either :)
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Hi guys,
I just would like to say that I have same problem of understanding this, specially this statement
"Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time."
The way I understand this statement is if I have 100000BTSX and split it 50% in BTSX short and 50% buy bitUSD long then in some time in the future I should be able to double my original 100000BTSX. It would be really great if somebody who has better understanding of this to try to explain it to some of us who don't get it.
Regards :)
I don't think anybody understood that one - it's been totally ignored in the original thread.
Normally BM's arguments are fairly reasonable. But then he was sick over the weekend. ;)
He explained it once six or seven months ago when this was all just pie in the sky. I'll see if I can dig it out...but it didn't make sense to me then either :)
Not the clearest statement of all times but,
Generally one can collect interest on bitUSD without taking the position really.Going as far as calling it doubling your position is stretching it a bit.
At the time you collect the interest on bitUSD you also can fully benefit if BTSX go up in value.
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Here's a stupid question:
Say I wanna buy a little bit of bitUSD right. I go to my market screen, I look at the asks/shorts.
The first two orders I see are for 1000 dollars (about 27,000 btsx) worth of bitUSD.
Now that's a little more than I would like to buy, I was thinking about a hundred or two hundred btsx worth would be nice.
If I want the order to fill instantly I would have to either buy 1000 dollars worth, or wait until those shorts get ate up, wouldn't I?
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Here's a stupid question:
Say I wanna buy a little bit of bitUSD right. I go to my market screen, I look at the asks/shorts.
The first two orders I see are for 1000 dollars (about 27,000 btsx) worth of bitUSD.
Now that's a little more than I would like to buy, I was thinking about a hundred or two hundred btsx worth would be nice.
If I want the order to fill instantly I would have to either buy 1000 dollars worth, or wait until those shorts get ate up, wouldn't I?
I think your order would be completed and their sell order partially filled if you set the price slightly above their ask.
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Here's a stupid question:
Say I wanna buy a little bit of bitUSD right. I go to my market screen, I look at the asks/shorts.
The first two orders I see are for 1000 dollars (about 27,000 btsx) worth of bitUSD.
Now that's a little more than I would like to buy, I was thinking about a hundred or two hundred btsx worth would be nice.
If I want the order to fill instantly I would have to either buy 1000 dollars worth, or wait until those shorts get ate up, wouldn't I?
I think your order would be completed and their sell order partially filled if you set the price slightly above their ask.
Reason I ask is because I tried shorting a little the other day, and found that the short wouldn't happen instantly unless I matched the full amount of the highest bid (more than I wanted to short, so I didn't try), so I assumed that meant no partial orders. Maybe I was just hitting the mechanism the prevents shorting bitUSD below the peg though?
edit: just tried bidding a little higher than the highest bid. Partial buy not taking.
edit again: tried making a partial bid on the lowest short, that's not happening either. partial bids must not work.
edit again: tried making a smaller buy order that wasn't at the top of the short/ask list, and it worked instantly! guess that answers that, you must fill an entire order, and not do a partial. but it doesn't have to be at the best price.
final edit: now if I could just figure out how to short instantly.
final final edit: shorting instantly seems to be working just fine now, just gotta match it to a bid.
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Hi guys,
I just would like to say that I have same problem of understanding this, specially this statement
"Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time."
The way I understand this statement is if I have 100000BTSX and split it 50% in BTSX short and 50% buy bitUSD long then in some time in the future I should be able to double my original 100000BTSX. It would be really great if somebody who has better understanding of this to try to explain it to some of us who don't get it.
Regards :)
I don't think anybody understood that one - it's been totally ignored in the original thread.
Normally BM's arguments are fairly reasonable. But then he was sick over the weekend. ;)
He explained it once six or seven months ago when this was all just pie in the sky. I'll see if I can dig it out...but it didn't make sense to me then either :)
Not the clearest statement of all times but,
Generally one can collect interest on bitUSD without taking the position really.Going as far as calling it doubling your position is stretching it a bit.
At the time you collect the interest on bitUSD you also can fully benefit if BTSX go up in value.
So let me see if I get this now:
1) Short bitUSD into existence and have 2x the value in BTSX set aside as collateral.
2) Buy your short and hold the bitUSD to collect interest.
3) After a period of time cover your short, get your BTSX back and keep the interest as profit.
I guess the risk is if BTSX goes down you could get called.
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hmm I would think your position is closed once you buy your short isnt that essentially what happens when you want to settle your position to collect the margin?
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hmm I would think your position is closed once you buy your short isnt that essentially what happens when you want to settle your position to collect the margin?
Poor choice of words on my part. I meant buy bitUSD equal to that of your short so you have it ready at today's prices for when you want to cover and you'll be collecting interest on it. It's a double bet that BTSX is going to rise versus bitUSD.
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hmm I would think your position is closed once you buy your short isnt that essentially what happens when you want to settle your position to collect the margin?
Due to TITAN, the blockchain cannot know that it is you who just bought bitUSD to close the short position .. thats why you need to
1) buy yout bitUSD
2) cover your position
in two separated steps .. (both with the usual transaction fee)
//edit: maybe I misinterpreted the quote above
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So let me see if I get this now:
1) Short bitUSD into existence and have 2x the value in BTSX set aside as collateral.
2) Buy your short and hold the bitUSD to collect interest.
3) After a period of time cover your short, get your BTSX back and keep the interest as profit.
I guess the risk is if BTSX goes down you could get called.
Yes, this seem to be the only risk I can think off (but if you monitor the prices it is not the most likely scenario).
Plus getting riskless, guaranteed return is one of the most desirable thing in investment. Most people have never hold such position in their lifetime.
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bugger, I meant to post this here.
https://bitsharestalk.org/index.php?topic=8500.msg111203#msg111203
Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time.
I don't think this is true. The second half of this 'double stake' was spent in the initial trade to purchase the bitUSD to balance the short.
Please correct me if I'm wrong.
I was wrong in my analysis of that position... it only gains you a share of the rewards on BitAssets while still being effectively LONG btsx.
I hope guys you don't mind me pasting this from another thread as I think it is relevant.
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would it be better that the system quit/cancel automaticaly market orders that are for example more than 4 months old, since it could be trapped collateral from users they could not cancel their orders due the current buggy software (?)
As far as I know there are no orders that cannot be canceled.
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bugger, I meant to post this here.
https://bitsharestalk.org/index.php?topic=8500.msg111203#msg111203
Going short/long at the same time is equivalent to holding BTSX with an option to double your stake at todays prices at any time.
I don't think this is true. The second half of this 'double stake' was spent in the initial trade to purchase the bitUSD to balance the short.
Please correct me if I'm wrong.
I was wrong in my analysis of that position... it only gains you a share of the rewards on BitAssets while still being effectively LONG btsx.
I hope guys you don't mind me pasting this from another thread as I think it is relevant.
So essentially you get to keep long exposure to btsx while earning interest on it at the same time from bitUSD at the risk of margin call if price of btsx halves or something?
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So essentially you get to keep long exposure to btsx while earning interest on it at the same time from bitUSD at the risk of margin call if price of btsx halves or something?
Yes... and if you are pro-active that risk is minimal.
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In the command line wallet, how can I see which delegates I have already "approved" (or disapproved)?
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When viewing the market as $ per BTSX... the current price is $0.038
You can place a short order at up to $0.042, the short order will only execute against people asking $0.038 or less per BTSX.
No need to be the "first to submit" unless you are attempting to short at more than $.042...
Edit: On the short BTSX page if the median price is 26.5 (or $0.038) it only lets me enter a short higher than 26.5 which is <$0.038. So how do I enter a short at up 24 ($0.042) as per the example above?
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Win binary is coming soon I hope?!
It's still Release candidate. Give them 12h 6h to find the last bugs :)
Or am I better off switching to Linux?
generally spoken?
I have one more stupid question - is there a program that I can easily transfer all my excel file to some free spreadsheet app onder Ubuntu?
I have like 50-70 of those in MS excel, that I need on daily bases...
Thanks.
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They should open in LibreOffice. It installs with Ubuntu
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They should open in LibreOffice. It installs with Ubuntu
Yes, does this thing have intelligent copy/past.
The default is not behaving intelligently with formulas?
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there is also
- kcalc
- openoffice (libreoffice is a fork of openeoffice) -- one of both is developed under the apache foundation afaik
there used to be an office from SUN before oracle bought them up
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They should open in LibreOffice. It installs with Ubuntu
Yes, does this thing have intelligent copy/past.
The default is not behaving intelligently with formulas?
you can install libreoffic on windows and give it a try
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They should open in LibreOffice. It installs with Ubuntu
Yes, does this thing have intelligent copy/past.
The default is not behaving intelligently with formulas?
you can install libreoffic on windows and give it a try
I gave it a try under Ubuntu. See my previous post. It makes me type the formulas again after copy/Past in a new cell. Is this fixable.
The only other thing I do not like about Linux is they have come up with a new term for pretty much everything...
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It's only new at first :) . Should be used to that in this industry.
You can also run some version of MS Office with Wine but it's not for the faint of heart.
What do you mean by intelligent copy? Do you mean copying from one sheet to another?
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It's only new at first :) . Should be used to that in this industry.
You can also run some version of MS Office with Wine but it's not for the faint of heart.
What do you mean by intelligent copy? Do you mean copying from one sheet to another?
Example:
in cell 'A2' =A1+1
if you copy A2 into the 9 cells below it, this should work like a counter. Just try it and tell me if it works, as expected.
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It's only new at first :) . Should be used to that in this industry.
You can also run some version of MS Office with Wine but it's not for the faint of heart.
What do you mean by intelligent copy? Do you mean copying from one sheet to another?
Example:
in cell 'A2' =A1+1
if you copy A2 into the 9 cells below it, this should work like a counter. Just try it and tell me if it works, as expected.
It works as expected. I put 100 into A1 and then A1-10 into A2 and then copied it down a bunch of times and I got 100,90,80,70...
(http://www.zimagez.com/full/2000ef154a982479817defaa1cf6b754d7a774d399637cd56924c0fb25bf0a9da72665d1d6546938d21ca69c0e2e0d154f7941125648a6f2.php)
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Ah .. and you can install "VirtualBox" which can install windows in a virtual machine and you can run it from within linux .. works VERY smoothly!
good solution for software that just does not run nicely on linux
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It's only new at first :) . Should be used to that in this industry.
You can also run some version of MS Office with Wine but it's not for the faint of heart.
What do you mean by intelligent copy? Do you mean copying from one sheet to another?
Example:
in cell 'A2' =A1+1
if you copy A2 into the 9 cells below it, this should work like a counter. Just try it and tell me if it works, as expected.
It works as expected. I put 100 into A1 and then A1-10 into A2 and then copied it down a bunch of times and I got 100,90,80,70...
Good, I will give it another try when I get home.
>>Should be used to that in this industry.
I am one of the few here that is NOT in the industry. I am average to slightly above 'average user' in the meat world. Here I am less than a newbie...
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Ah .. and you can install "VirtualBox" which can install windows in a virtual machine and you can run it from within linux .. works VERY smoothly!
good solution for software that just does not run nicely on linux
I run Ubuntu in a Virtualbox VM on my work laptop Win7. Works great! I love that I can snapshot before doing a new build.
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cd bitsharesx
git pull https://github.com/dacsunlimited/bitsharesx.git "put version number here without quotes"
git submodule update
cmake -DINCLUDE_QT_WALLET=ON .
make buildweb
make
cool.
cd bitsharesx
git pull https://github.com/dacsunlimited/bitsharesx.git uhh... shit. 0.4.13-rc1?
UPDATE: turns out my guess was correct, the dash is included.
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cd bitsharesx
git pull https://github.com/dacsunlimited/bitsharesx.git "put version number here without quotes"
git submodule update
cmake -DINCLUDE_QT_WALLET=ON .
make buildweb
make
cool.
cd bitsharesx
git pull https://github.com/dacsunlimited/bitsharesx.git (https://github.com/dacsunlimited/bitsharesx.git) uhh... shit. 0.4.13-rc1?
try
git pull https://github.com/dacsunlimited/bitsharesx.git (https://github.com/dacsunlimited/bitsharesx.git) 0.4.13RC1
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OK in an attempt to prove that I am the most stupid around here is my next question.
How do you publish a bug report on github? Do you just make an account and sign in or you need some kind of app also? Thanks.
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OK in an attempt to prove that I am the most stupid around here is my next question.
How do you publish a bug report on github? Do you just make an account and sign in or you need some kind of app also? Thanks.
Just make an account and sign in. It's all web-based like posting on the forum.
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When I vote for a delegate, can they see that I voted for them / how much my balance is?
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When I vote for a delegate, can they see that I voted for them / how much my balance is?
This question does not qualify as stupid in my book. Sorry. :)
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When I vote for a delegate, can they see that I voted for them / how much my balance is?
No. We only see aggregated vote total. I can't even tell how many are voting.
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Ok i have a stupid question - is there a faq about delegates voting and delegate work?
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Can we have a YIELD for keeping BTSX too ?
Why yes why not?
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Can we have a YIELD for keeping BTSX too ?
Why yes why not?
I asked the same without response from anyone. One reason I can think of is that this encourages user to hold bitassets AND supports the peg.
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what's the difference between getting a yield in btsx and having parts of the btsx supply burned over time ..
if you calculate in BIPS its the same result .. or am I missing something essential here?
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what's the difference between getting a yield in btsx and having parts of the btsx supply burned over time ..
if you calculate in BIPS its the same result .. or am I missing something essential here?
The question was about Yield (aka Interest). BTSX has no Yield while bitassets have.
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did anyone elses balance seemingly disappear after upgrading to RC1?
doing a wallet_rescan_blockchain right now.
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what's the difference between getting a yield in btsx and having parts of the btsx supply burned over time ..
if you calculate in BIPS its the same result .. or am I missing something essential here?
I didn't think of that you are right.
Another stupid question:
With the burning rate as it is right know how much is the estimated "YIELD" in % for the BTSX holder's? Is it equal to the % burning rate?
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what's the difference between getting a yield in btsx and having parts of the btsx supply burned over time ..
if you calculate in BIPS its the same result .. or am I missing something essential here?
I didn't think of that you are right.
Another stupid question:
With the burning rate as it is right know how much is the estimated "YIELD" in % for the BTSX holder's? Is it equal to the % burning rate?
I think it is so small that it is negligible.
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what's the difference between getting a yield in btsx and having parts of the btsx supply burned over time ..
if you calculate in BIPS its the same result .. or am I missing something essential here?
I didn't think of that you are right.
Another stupid question:
With the burning rate as it is right know how much is the estimated "YIELD" in % for the BTSX holder's? Is it equal to the % burning rate?
I think it is so small that it is negligible.
The APR would be about 0.02% (yes, that's two hundredths of a percent)
Assumptions: Burn rate of 1500/day*365 = 547500/year / 2BB supply = 0.00027375 or 0.02%
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+5% for this thread! Finally managed to wrap my head around the whole asks, bids, shorts thing and especially the part about collateral and margin calls, thanks all :)
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+5% for this thread! Finally managed to wrap my head around the whole asks, bids, shorts thing and especially the part about collateral and margin calls, thanks all :)
+5% ditto
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what's the difference between getting a yield in btsx and having parts of the btsx supply burned over time ..
if you calculate in BIPS its the same result .. or am I missing something essential here?
Supposedly if you hold btsx you are being paid an inherent yield from the burning of the supply, an explicit yield is paid to you for bitAssets because they are not burned. The yield comes from fees which are inefficiencies caused by humans when people buy and sell (fear/greed) etc. I know what you are getting at, but Im not sure they are equal... does that mean that if you earn 10% yield YoY that 10% of the entire supply has been burned YoY?
I wonder if there is not an incentive to create volatility to increase fear/greed and thus to increase fees/burning to benefit those who are earning yield explicitly or implicitly.
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When viewing the market as $ per BTSX... the current price is $0.038
You can place a short order at up to $0.042, the short order will only execute against people asking $0.038 or less per BTSX.
No need to be the "first to submit" unless you are attempting to short at more than $.042...
Edit: On the short BTSX page if the median price is 26.5 (or $0.038) it only lets me enter a short higher than 26.5 which is <$0.038. So how do I enter a short at up 24 ($0.042) as per the example above?
I'm obviously being stupid but this is the thread for it...
I still don't know how to enter a short at a higher $ value than the median. BM's example seems to suggest I can enter a short up to 10% below the peg so that I get to be first in line when there's an opportunity to short at 1-1 and the difference is captured as fees. What am I misunderstanding here.
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When viewing the market as $ per BTSX... the current price is $0.038
You can place a short order at up to $0.042, the short order will only execute against people asking $0.038 or less per BTSX.
No need to be the "first to submit" unless you are attempting to short at more than $.042...
Edit: On the short BTSX page if the median price is 26.5 (or $0.038) it only lets me enter a short higher than 26.5 which is <$0.038. So how do I enter a short at up 24 ($0.042) as per the example above?
I'm obviously being stupid but this is the thread for it...
I still don't know how to enter a short at a higher $ value than the median. BM's example seems to suggest I can enter a short up to 10% below the peg so that I get to be first in line when there's an opportunity to short at 1-1 and the difference is captured as fees. What am I misunderstanding here.
Enter it through the console, you might have to set allow_stupid_XXXX to true in some cases...
I requested implementing allow_general_stupidity command, as it will serve/describe me better, but I still do not see it ... :)
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When viewing the market as $ per BTSX... the current price is $0.038
You can place a short order at up to $0.042, the short order will only execute against people asking $0.038 or less per BTSX.
No need to be the "first to submit" unless you are attempting to short at more than $.042...
Edit: On the short BTSX page if the median price is 26.5 (or $0.038) it only lets me enter a short higher than 26.5 which is <$0.038. So how do I enter a short at up 24 ($0.042) as per the example above?
I'm obviously being stupid but this is the thread for it...
I still don't know how to enter a short at a higher $ value than the median. BM's example seems to suggest I can enter a short up to 10% below the peg so that I get to be first in line when there's an opportunity to short at 1-1 and the difference is captured as fees. What am I misunderstanding here.
Enter it through the console, you might have to set allow_stupid_XXXX to true in some cases...
I requested implementing allow_general_stupidity command, as it will serve/describe me better, but I still do not see it ... :)
I presume you're joking about the console thing, I don't know what's going on. It seems everyone else understands.
Simple question to anyone. We used to allow shorting below the peg, this damaged the peg because too many wanted to short, so we introduced price feeds so that no BitUSD could be brought into existence unless there was demand for it at 1-1.
However I thought people could still compete at 1-1 by entering orders below the peg (like 0.95) so that they would be first in line to short if someone wanted to buy BitUSD at 1-1 or above (& the difference would be captured as fees) However I can't enter a short below the median, watsup?
Or what simple thing am I not understanding, 250 BTSX to the first person that can make me understand.
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No from time to time I am serious/not sarcastic (Read my bitshare Music posts for example).
The commands are:
wallet_market_submit_ask <from_account_name> <sell_quantity> <sell_quantity_symbol> <ask_price> <ask_price_symbol> [allow_stupid_ask]
wallet_market_submit_bid <from_account_name> <quantity> <quantity_symbol> <base_price> <base_symbol> [allow_stupid_bid]
wallet_market_submit_short <from_account_name> <short_quantity> <short_price> <short_symbol> [allow_stupid_short]
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No from time to time I am serious (Read my bitshare Music posts for example).
The commands are:
wallet_market_submit_ask <from_account_name> <sell_quantity> <sell_quantity_symbol> <ask_price> <ask_price_symbol> [[b]allow_stupid_ask[/b]]
wallet_market_submit_bid <from_account_name> <quantity> <quantity_symbol> <base_price> <base_symbol> [[b]allow_stupid_bid[/b]]
wallet_market_submit_short <from_account_name> <short_quantity> <short_price> <short_symbol> [[b]allow_stupid_short[/b]]
Thanks.
And shorts entered in that way don't show up in the order book right? But they will be first to be filled?
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Thanks.
And shorts entered in that way don't show up in the order book right? But they will be first to be filled?
They will not show up true.
They will be executed first - wrong.
They will be executed if/when they come to 10% from the feed price. (more precisely if/when the feed price moves in that direction and their price(Pshrt) ; Pshrt >= 90% of feed price)
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Thanks.
And shorts entered in that way don't show up in the order book right? But they will be first to be filled?
They will not show up true.
They will be executed first - wrong.
They will be executed if/when they come to 10% from the feed price. (more precisely if/when the feed price moves in that direction and their price(Pshrt) ; Pshrt >= 90% of feed price)
Great, thanks, I think I understand better now. Where can I send the 250 BTSX?
I think they should make it easier to enter shorts that way, hopefully this is all easy for traders.
(Edit: I haven't looked properly at the BitShares Music model, but it doesn't look very good.)
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Thanks.
And shorts entered in that way don't show up in the order book right? But they will be first to be filled?
They will not show up true.
They will be executed first - wrong.
They will be executed if/when they come to 10% from the feed price. (more precisely if/when the feed price moves in that direction and their price(Pshrt) ; Pshrt >= 90% of feed price)
Great, thanks, I think I understand better now. Where can I send the 250 BTSX?
I think they should make it easier to enter shorts that way, hopefully this is all easy for traders.
(Edit: I haven't looked properly at the BitShares Music model, but it doesn't look very good.)
What 250 BTSX? If you want to tip me - send it to either Clains or Xeroc - they both run very good and important community development programs!
Additionally - I advise you to not enter any short orders before the next release. The covering is broken right now!!!!
[edit]Fixed in 0.4.14
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Thanks.
And shorts entered in that way don't show up in the order book right? But they will be first to be filled?
They will not show up true.
They will be executed first - wrong.
They will be executed if/when they come to 10% from the feed price. (more precisely if/when the feed price moves in that direction and their price(Pshrt) ; Pshrt >= 90% of feed price)
Great, thanks, I think I understand better now. Where can I send the 250 BTSX?
I think they should make it easier to enter shorts that way, hopefully this is all easy for traders.
(Edit: I haven't looked properly at the BitShares Music model, but it doesn't look very good.)
What 250 BTSX? If you want to tip me - send it to either Clains or Xeroc - they both run very good and important community development programs!
Additionally - I advise you to not enter any short orders before the next release. The covering is broken right now!!!!
Cool thanks for the help, I've sent it to Xeroc
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excuse my noob questions.
Will it ever be possible to send my BTC straight to my bitshare wallet and convert it into BTSX or bitBTC?
My understanding is this is possible in nxt with MGW or whatever. Will things like that ever be possible in this ecosystem?
I just hate sending btc to these third party exchanges to have them take cut etc.
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excuse my noob questions.
Will it ever be possible to send my BTC straight to my bitshare wallet and convert it into BTSX or bitBTC?
My understanding is this is possible in nxt with MGW or whatever. Will things like that ever be possible in this ecosystem?
I just hate sending btc to these third party exchanges to have them take cut etc.
It will be possible. When exactly? I do not know. Soon hopefully.
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What 250 BTSX? If you want to tip me - send it to either Clains or Xeroc - they both run very good and important community development programs!
Additionally - I advise you to not enter any short orders before the next release. The covering is broken right now!!!!
Cool thanks for the help, I've sent it to Xeroc
thanks for the tip. I've sent it over to the other account:
default (unlocked) >>> wallet_transfer 250 BTSX xeroc talktip.xeroc "from tylerdurden"
RECEIVED BLOCK FROM TO AMOUNT MEMO FEE ID
======================================================================================================================================================================
2014-09-11T08:55:43 PENDING xeroc talktip.xeroc 250.00000 BTSX from tylerdurden 0.50000 BTSX d04750cf
https://bitsharestalk.org/index.php?topic=7338.msg113528#msg113528
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How is it possible after a delegate misses a block to produce the next one after 65 minutes without missing any other except the first one?
I have experienced that!
After missing the block 458545
I produced the block 458539 (after 65 minutes)
in the meantime I didn't produced a block as I should and as my wallet informed me several times with info's like this:
"wallet_next_block_production_time": "at least 2 minutes in the future",
https://bitsharestalk.org/index.php?topic=6406.msg113783#msg113783
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Is there any problem with running the BTSX Client (NOT running delegate), with the same wallet open, possibly making transactions in both instances, on 2 computers. It shouldn't but need someone to confirm this. Thanks.
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Is there any problem with running the BTSX Client (NOT running delegate), with the same wallet open, possibly making transactions in both instances, on 2 computers. It shouldn't but need someone to confirm this. Thanks.
In theory this is possible .. but you need to have the wallet duplicated in two distinct folders on the hard drive .. as well as the blockchain
there is a parameter where you can define the "main" folder to store stuff in "--data-dir" (or similar)
BUT not recommended: https://bitsharestalk.org/index.php?topic=8156.0
You WILL experience the "UNKOWN" issue alot
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How exactly do I go about shorting bitUSD? ??? Can anyone give me an example of ideal conditions that will earn profit?
You short bitUSD to someone that wants to have them for a certain price ..
no you owe the network (btsx hold as colletaral worth 2x the bitUSD you shorted)
when/if the bitUSD price (in terms of btsx per bitUSD) goes down, you can buy up bitUSD and give them back to the network .. the network releases the collateral and you can gain from the difference
//edit: too bad .. that guy delete his question .. was a good one though :-)
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Question about bitUSD.
I read that a fixed value requires variable supply (and vice versa). This makes sense.
So how is the supply of bitUSD controlled? Is it in the market's hands somehow? Is it that anyone can "create" bitUSD by borrowing it against BTSX? And then it's essentially "destroyed" when you return it?
On a related note--bytemaster was talking about price feeds for bitUSD a while back. We aren't still using these, are we? And are there any similar "crutches" in the BitSharesX system currently?
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So how is the supply of bitUSD controlled? Is it in the market's hands somehow?
It is! .. the market participants can 'create' bitUSD by borrowing it from the
network giving up control over btsx worth twice the amount of the bitUSD ..
When they pay the bitUSD back .. they also get their bitUSD back from the network.
Got to wiki.bitshares.org and read the articles about BitShares_X and the "Market_Peg".
A Whitepaper will come soon .. i guess/hope
Is it that anyone can "create" bitUSD by borrowing it against BTSX? And then
it's essentially "destroyed" when you return it?
Oh .. no need to explain .. too late .. you probably already "get it" :-)
On a related note--bytemaster was talking about price feeds for bitUSD a while
back. We aren't still using these, are we? And are there any similar "crutches"
in the BitSharesX system currently?
We are currently using price feeds to restrict the prices for shortes (when you
create bitUSD). Once the liquidity is stronger in the market, the price feeds
will have no meaning anymore.
Once you have bitUSD you can trade them completely INDEPENDENT of the price feed..
Only shorts are limited to be within +-10% around the feed (afair)
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I am in contact with a financial adviser now. He told me to buy BitUSD and short BitUSD at the same time with the same price. Just in case BTSX goes down, I have to close the shorts with the BitUSD I already have. What I don't know is what closing means. Also the buy order is pending and I don't have any BitUSD yet. Am I doing good so far?
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I am in contact with a financial adviser now. He told me to buy BitUSD and short BitUSD at the same time with the same price. Just in case BTSX goes down, I have to close the shorts with the BitUSD I already have. What I don't know is what closing means. Also the buy order is pending and I don't have any BitUSD yet. Am I doing good so far?
Hope you started the first try with something small - like 1 bitUSD!!!!
1. Choose a good price (in order for the short it must be above the median price. - as of this writing the median is 25.5514 and lowest ask is 24.90, so it will he hard for this to go through).... You can do it bitBTC I think - it is basically the same but the market is thinner, which is not a problem for this excersize there the median is 12,113.8704 and the lowest ask is 12,475.00. Anything between those 2 is ok. - So say tyou select 12250 as your price.
2.
Go and put - buy order 0.1 bitBTC at 12250 -Do not hit confirm!!
put short order 0.1 bitBTC at 12250 - Do not hit confirm!!
Check your numbers and quickly confirm both orders, one after the other.
3. Back to the original question
If the price of BTSX goes down and starts to get close to the cover price (you can see your cover price in the GUI in the 'Open Orders', it is the number immediate left of each order called 'Margin' in the GUI.
To do that just run in the console:
wallet_market_cover ACCOUNTNAME 0.1 BTC "ORDER ID" //replace acc.name with your acc. name and you can find the order # in the console running.
wallet_market_order_list BTC BTSX // that is for the bitBTC.
closing in this context means to act of going from having a position to not having one. In this you had 2 positions: - long 0.1 bitBTC and short 0.1 bitBTC. With the command you actually closed them both by sending the bitBTC to the short order...
Hope this helps.... :) :) :)
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No, 50 bitUSD
Now the panic is coming :D
Edit: Do you think I should click cancel?
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If you can't trade directly from BTC to BitUSD, like you said, you can go from BTC -> BTSX -> move to wallet/exchange app -> trade to BitUSD.
Your $480 will be "locked in" even if BTSX goes down in value.
This is exactly what I have been doing with a "twist". I do the following:
1.) Buy BTSX on Bter in the 8100 - 8250 satoshi range for the last couple days.
2.) After I buy the BTSX on Bter, I withdraw the BTSX from Bter to put it in my BTSX wallet
3,) Once it shows up in my BTSX wallet, then I immediately put a large chunk of that recent Bter purchase in BitUSD.
4.) Rinse and repeat with the next BTSX purchase from Bter.
I do the above for each BTSX purchase that I buy from Bter. The "twist" for me is that I do not put all of every BTSX purchase into BitUSD. For example, I might put about 20%-60% of each BTSX purchase into BitUSD when it shows up in my wallet and keep the rest of that purchase order in BTSX. Somewhat hedging myself just in case BTSX goes up from the 8100-8250 satoshi range but if it went down from current price levels (it goes down to 4000 sat/BTSX for example), then I can buy more BTSX with the BitUSD that I bought with the BTSX that I previously bought on Bter when it was in the 8100-8250 sat price range.
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Can I just cancel an open order and everythig will be fine?
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Can I just cancel an open order and everythig will be fine?
Mostly .. unless you are shorting and someone took your offer .. then you must cover (payback the bitUSD to the bank/eschange first)
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It still says "cancel".
You can see the order. It's
24.52 50.00 1,226.00
BitUSD
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Can I just cancel an open order and everythig will be fine?
If you can see a cancel button in the GUI - yes.
Just check if something went through before that - if it did, you will see newly acquired bitUSD in the account or a 'Margin' order in your open orders.
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Check
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It worked, exciting times..
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It worked, exciting times..
What worked - my detailed instructions (in the initial response post) or the canceling?
If you made the test (successfully the 0.1 bitBTC) you can use it to make use of it buy buying upto 50% of your funds (I suggest something smaller like 15%) it will lock in collateral 15% and youl have paid for the bitBTC another 15% so 30 % total. Now just sit back and check daily how your interest (Yield) grows... :) :) :)
You can go back to all funds in BTSX by running the same command used to close the positions in case of need. ie.
wallet_market_cover ACCOUNTNAME X.xx BTC "ORDER ID"
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The cancelling.
Your first response, I just finished reading now. It is very hard for me to get it, I need to sit down and go through it bit by bit. The thing is, I am maybe really weak in this discipline. I remember this feeling from math school, where i had to go to a small class with only 5 people and there i was the one who never got it.After I ran away from school I felt so good and free. But back to topic, I will tell my advicer that I am pretty dumb with these things and ask him if he can just tell me where to enter the numbers and then see what happens.
Thanks a lot, I will try to understand but it looks like your explanations is like jewels for the pigs it seems. Who knows, I have the feeling, that with little little steps I could make it and become a trader one day.
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What is NPT?
If you are refereing to NTP .. that the "network time protocol" and is used to synchronized clocks over the internet ..
OK, the next question from the same series,
What is RPC? // as in python main.py <RPC_USER> <RPC_PASSWORD> ......
//I guest you are not awake hopefully somebody else can help....
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Remote Procedure Call - that's a general term for requesting the execution of code over a network connection and receiving the result in the same way. The network connection can also point to localhost in which case it's not really a "remote" procedure call, but technically that doesn't matter.
The conceptual difference between an RPC service and for example HTTP or SMTP is that an RPC service is focused on code execution, whereas most other network services are focused on data transfer.
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Remote Procedure Call - that's a general term for requesting the execution of code over a network connection and receiving the result in the same way. The network connection can also point to localhost in which case it's not really a "remote" procedure call, but technically that doesn't matter.
The conceptual difference between an RPC service and for example HTTP or SMTP is that an RPC service is focused on code execution, whereas most other network services are focused on data transfer.
Thanks!
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I am in contact with a financial adviser now. He told me to buy BitUSD and short BitUSD at the same time with the same price. Just in case BTSX goes down, I have to close the shorts with the BitUSD I already have. What I don't know is what closing means. Also the buy order is pending and I don't have any BitUSD yet. Am I doing good so far?
Here is an explanation from a non finance person:
When you short bitUSD you are borrowing bitUSD from the exchange. The exchange mints bitUSD into existence from thin air and lends it to you. Like a car loan it needs some assurance you're going to pay it back. You assure the exchange with 2x the value of your bitUSD in BTSX.
When you cover or close your short you are paying the exchange back its bitUSD. You get your BTSX collateral back and the exchange burns the bitUSD out of existence.
Since your shorted bitUSD was bought by someone (reason you no longer have a cancel button but a cover button) you need to buy the bitUSD on the open market to pay the bank exchange back. What your adviser is saying is buy the bitUSD at the same time you short bitUSD so that if you need to cover you have it already and don't need to buy it on the open market. When you need to cover the price of bitUSD will be unknown so may as well pick up enough now at a known price.
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Really good Riverhead, you have a clean writing style.
edit: I will read this again and again until I get it.
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could someone point to a simple explanation of steps for seamless client upgrade to a new version please?
Edit: ok i do three steps
- back up wallet folder from %appdata/Roaming/BitsharesX%
- then download 0.4.15 from github
- then run...
* the message above password field "There is a new mandatory client update available at bitshares-x.info" reads then strange *
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could someone point to a simple explanation of steps for seamless client upgrade to a new version please?
Windows, Linux or god forbid OSX ?
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could someone point to a simple explanation of steps for seamless client upgrade to a new version please?
Windows, Linux or god forbid OSX ?
Windows 7 - 64bit
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Really good Riverhead, you have a clean writing style.
Indeed.
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could someone point to a simple explanation of steps for seamless client upgrade to a new version please?
Windows, Linux or god forbid OSX ?
Windows 7 - 64bit
1. Save a back up by doing: File->Export Wallet //in the client;
2. Download the file from here: https://github.com/dacsunlimited/bitsharesx/releases
3.Click on the downloaded file.
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thanks tonyk!
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Here is my share of stupid question for the GUI client:
1) On "my accounts" it says: "Updating transaction history" since a few hours. Is it actually still updating? My .BitSharesX folder (linux) doesn't increase in size so the blockchain should be downloaded completely.
2) How do I quit the client without being asked whether I want to reset the database. Happens about every second time I run it.
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1) On "my accounts" it says: "Updating transaction history" since a few hours.
Is it actually still updating? My .BitSharesX folder (linux) doesn't increase
in size so the blockchain should be downloaded completely.
It's a bug .. you can check for the transaction history in the console via
"wallet_account_transaction_history" .. that one is final .. unless you are not
synced (which you can either check with "blockchain_is_synced" or "getinfo")
2) How do I quit the client without being asked whether I want to reset the database. Happens about every second time I run it.
Wow .. that should not be the case .. unfortunatelly there is no other way to
quit the client atm. Very strange but if I remember correctly other have reported that issue too
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What ports are required by bitshares-x as a delegate? I've got to manually open end-points, or it'll get blocked.
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What ports are required by bitshares-x as a delegate? I've got to manually open end-points, or it'll get blocked.
Huh? .. I thought the client can sustain active without opening up ports to the outside world?
You only need (as far as I know) to make sure the wallet can connect to the outside world .. not the other way round ..
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If all BitUSD is created from shorts, executed at different exchange rates to BTSX, how does BitUSD remain fungible as the exchange rate fluctuates?
If it drops by 50% and there's an automatic margin call on a short, what happens to the BitUSD that were created from that short? I feel like I'm failing to understand a key concept...
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If all BitUSD is created from shorts, executed at different exchange rates to BTSX, how does BitUSD remain fungible as the exchange rate fluctuates?
If it drops by 50% and there's an automatic margin call on a short, what happens to the BitUSD that were created from that short? I feel like I'm failing to understand a key concept...
if you get a margin call -
1. you have enough BTSX in your wallet. Nothing happens, just transfering BTSX to the collateral for the short (automatic)
2. you have not enough BTSX in your wallet for the collateral you are forced to cover - means the systems buys BTSX for the bid price to cover your position. with this action you support the market, because your cover actions moves the price higher.
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What ports are required by bitshares-x as a delegate? I've got to manually open end-points, or it'll get blocked.
Huh? .. I thought the client can sustain active without opening up ports to the outside world?
You only need (as far as I know) to make sure the wallet can connect to the outside world .. not the other way round ..
Ok cool, i'll bear that in mind when setting up my delegate. Thanks :)
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I decided to transfer from bter to cold wallet and in doing so I tried to register my account, and the win64 wallet (0.4.15-a) doesn't do anything on click OK, in the console I get a 31011 invalid_transaction_expiration: invalid transaction expiration error when trying to register.
I sent 10 btsx as a test to my key as noted in My Account -> Keys -> Account Key.. bter shows a txid which is valid on the blockchain but nothing shows up in my wallet.
Help?
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Yes I am a hero member and I am asking how to setup step by step a seed node
knowing the same time that I am secure enough! Hints @ Tips please :)
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Yes I am a hero member and I am asking how to setup step by step a seed node
knowing the same time that I am secure enough! Hints @ Tips please :)
thats an easy one ..
- install bitsharesx client
- open up firefwall ports/router forwarding (if necessary)
- (optional) increase max number of conections
- post pm to dacsunlimited and tell them the ip (there's is also a thread somewhere about it)
PS: do not run the delegate on a seed node!
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I decided to transfer from bter to cold wallet and in doing so I tried to register my account, and the win64 wallet (0.4.15-a) doesn't do anything on click OK, in the console I get a 31011 invalid_transaction_expiration: invalid transaction expiration error when trying to register.
I sent 10 btsx as a test to my key as noted in My Account -> Keys -> Account Key.. bter shows a txid which is valid on the blockchain but nothing shows up in my wallet.
Help?
I had often the experience when registering an account that nothing happens when clicking the "ok" button (window does not close) to confirm the account creation. But in reality the registration was successful.
But if you are sure it doesn't registered, maybe the cause is your wallet is not 100% synced.... Make the registration after it is synced. Try on console the command: wallet_rescan_blockchain
If you have the same problems make a backup of your wallet from the gui menu first and keep somewhere safe the json file and then delete all directory's related to bitsharesx (keep the directory "wallet" but rename it for example to "wallets_old". (for windows the bitsharesx directory's on window/user/yourusername/appdata/roaming/ ..... for linux the hidden directory ".bitshares") Then reinstall the wallet and create a new wallet with new password and restore your old wallet with old password using the json file you backup-ed early only after it the wallet has fully synced....
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Hey lovers, I bought 20 BitUSD for 520 BTSX at 26 and at the same time shorted 20 BitUSD for 26.
two days later the cover button shows up and I immediately (of course haha) clicked it.
Now I have 23 BitUSD on my account. Did I just make 3 BitUSD profit? Should I have waited to click the cover button?
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Hello !
So, I've got a scientific background, and I'm a complete noob to the world of finance. Last week I became quite obsessed with cryptocurrencies, discovered trading places, bought some bitcoins, then some bitshares. I believe in it, so I want to invest. But now I find myself losing so much time following market prices, waiting for ludicrous opportunities like buying at 0.000072 on Bter while selling at 0.000073 on poloniex at the same time. That's not investing, that's time burning. But it's so addictive, and it's so hard to completely ignore market fluctuations and just wait for long term gains.
So, my stupid question :
What is the best way to spend(or rather, invest) one's time in the trading world ? Should I just buy all bitshares I can afford right now at market prices, stop worrying about fluctuations, and learn more about the core of bitshares (by exploring the github repository, for example) ?
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Hi, you need the Golden Goose. The Golden Goose is Protoshares-PTS which will give you shares in all DACs after the moment you bought them. But I don't know how the price will be in the next weeks.
Sorry that I cannot answer your questions. I have the same questions. Right now I try to make a profit by buying and shorting BitUSD and BTSX and others. I think it takes only 4 more weeks and I play this game like a boss hehe.
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Hello !
So, I've got a scientific background, and I'm a complete noob to the world of finance. Last week I became quite obsessed with cryptocurrencies, discovered trading places, bought some bitcoins, then some bitshares. I believe in it, so I want to invest. But now I find myself losing so much time following market prices, waiting for ludicrous opportunities like buying at 0.000072 on Bter while selling at 0.000073 on poloniex at the same time. That's not investing, that's time burning. But it's so addictive, and it's so hard to completely ignore market fluctuations and just wait for long term gains.
So, my stupid question :
What is the best way to spend(or rather, invest) one's time in the trading world ? Should I just buy all bitshares I can afford right now at market prices, stop worrying about fluctuations, and learn more about the core of bitshares (by exploring the github repository, for example) ?
I went (am still sometimes going) through this phase.
Try to spend as much of this time as you can on learning instead of hitting reload on coinmarketcap.
The best approach is just to stockpile as much BTS (and other cryptos) as possible without trying to trade. Trying to trade is a good way to fuck yourself. Just hold long no matter what the market does.
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2) How do I quit the client without being asked whether I want to reset the database. Happens about every second time I run it.
If you think you quit the client cleanly (quit cleanly by pressing Ctrl-Q [Command-Q on OSX] or using the Quit menu item), but get this message on the next start, most likely the client crashed on exit and you didn't notice. If this happens reliably, feel free to post a backtrace on GitHub's issue tracker.
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Hi, you need the Golden Goose. The Golden Goose is Protoshares-PTS which will give you shares in all DACs after the moment you bought them. But I don't know how the price will be in the next weeks.
Sorry that I cannot answer your questions. I have the same questions. Right now I try to make a profit by buying and shorting BitUSD and BTSX and others. I think it takes only 4 more weeks and I play this game like a boss hehe.
Yeah, I'll get some PTS, it seems a great investment too, I love the possibilities offered by DACs :). This must become huge ! But at the moment I'm more impatient to trade bitAssets (for now I don't understand dollar fluctuations and don't want to lose my bitshares in that game :D)
I went (am still sometimes going) through this phase.
Try to spend as much of this time as you can on learning instead of hitting reload on coinmarketcap.
The best approach is just to stockpile as much BTS (and other cryptos) as possible without trying to trade. Trying to trade is a good way to fuck yourself. Just hold long no matter what the market does.
Saddly the reload button on coinmarketcap has been way overused today also ! But yeah, I promised myself to obey the simple rule "don't sell any BTS".
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PS: do not run the delegate on a seed node!
For fear that the server might struggle to do both.. or for fear that that delegate would grab more than their fair share of transactions?.. or is the distribution of which delegate gets to process which transactions+fess not the same as other PoW??
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Since nobody has replied elsewhere...
I now have 2 short orders that were not executed, even though they were on the order book. One at 28.77 and the other at 29.00. I'm missing out on shorting opportunities(or possible losses :D)
Does anyone else experience the same problem?
Your short order "disappears" as soon as the median price feed moves above your price. This is intended behaviour. It is meant to prevent people shorting below the peg.
To short in a market you will have to wait until actual trades happen above the peg.
You can short BitBTC now - that one is trading above the peg at the moment.
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Very confusing. I thought if i place an order in advance and wait for the price movement, i will get the short executed.
How do i know when the market is trading above the peg?
you must calculate it everytime manualy !
They must put something like a live ticker somewhere on the gui so we make better decisions and MUCH more orders !!!
It seems something simple to implement using the median published feed...
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Very confusing. I thought if i place an order in advance and wait for the price movement, i will get the short executed.
How do i know when the market is trading above the peg?
you must calculate it everytime manualy !
They must put something like a live ticker somewhere on the gui so we make better decisions and MUCH more orders !!!
It seems something simple to implement using the median published feed...
Wow, i know how to calculate it manually, but i have never seen bitUSD above the USD!
Seems almost not possible to short it then. Why even bother setting up orders *shrug*
Because the anti-shorting mechanism was not active the first days of trading a large amount of BitUSD were created quickly. Now this large amount is depressing the BitUSD price and keeping it far below the peg. BitBTC and BitCNY started slowly and are trading much closer to the peg.
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Very confusing. I thought if i place an order in advance and wait for the price movement, i will get the short executed.
How do i know when the market is trading above the peg?
you must calculate it everytime manualy !
They must put something like a live ticker somewhere on the gui so we make better decisions and MUCH more orders !!!
It seems something simple to implement using the median published feed...
Wow, i know how to calculate it manually, but i have never seen bitUSD above the USD!
Seems almost not possible to short it then. Why even bother setting up orders *shrug*
Because the anti-shorting mechanism was not active the first days of trading a large amount of BitUSD were created quickly. Now this large amount is depressing the BitUSD price and keeping it far below the peg. BitBTC and BitCNY started slowly and are trading much closer to the peg.
Can you expand on that pls ?
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1. Where can I get a cheap linux laptop?
2. How do I install the BitShares X app on Linux?
3. Is there a GUI BitShares X app for Linux?
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1 how cheap is cheap? You can get a ThinkPad T61 on eBay for about $120
2 we'll cross that bridge when you get the laptop.
3 yes, it is the same GUI.
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1. Where can I get a cheap linux laptop?
2. How do I install the BitShares X app on Linux?
3. Is there a GUI BitShares X app for Linux?
For Linux you need to compile it yourself at this stage.
If youre in the US, system76 are highly recommended for Linux laptops.
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1. Where can I get a cheap linux laptop?
2. How do I install the BitShares X app on Linux?
3. Is there a GUI BitShares X app for Linux?
For Linux you need to compile it yourself at this stage.
If youre in the US, system76 are highly recommended for Linux laptops.
I was looking at them...glad to hear some endorsement
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I just need a cheap piece of crap but would prefer it to be brand new, never opened. I'm moving all BTSX to a dedicated linux laptop. This will be my first linux experience btw!
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I just need a cheap piece of crap but would prefer it to be brand new, never opened. I'm moving all BTSX to a dedicated linux laptop. This will be my first linux experience btw!
I bought a cheap atom netbook for linux a few years ago, and it was a horrible experience. My advice is to treat yourself to a semi decent laptop. Especially because the BTSX wallet is quite heavy.
If its your first linux experience, linux mint mate edition is pretty easy to setup. Or you could install Ubuntu and have all your keystrokes sent to amazon.
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What is your primary pc? I run Xubuntu in a VM on my work laptop and it runs great.
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How cheap is cheap?
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What is your primary pc? I run Xubuntu in a VM on my work laptop and it runs great.
MacBook Pro 2.7 GHz Intel Core i7
I tried doing the dual boot thing and it didn't go so smooth. Apple don't like that kinda stuff. >:(
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How cheap is cheap?
300 - 400 BitUSD
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What is your primary pc? I run Xubuntu in a VM on my work laptop and it runs great.
MacBook Pro 2.7 GHz Intel Core i7
I tried doing the dual boot thing and it didn't go so smooth. Apple don't like that kinda stuff. >:(
but virtualization isn't the same as dual booting. You could have an instance of ubuntu running inside your main operating system and it would, for all intents and purposes have the same effect as you're aiming for by getting a new laptop (although I haven't read the whole thread).
https://www.virtualbox.org/
it'd be like having a little linux computer on demand that you could use exclusively for crypto. only instead of being an entirely new computer, you just borrow some resources from your computer to create what looks to the operating system as an entirely new computer.
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What is your primary pc? I run Xubuntu in a VM on my work laptop and it runs great.
MacBook Pro 2.7 GHz Intel Core i7
I tried doing the dual boot thing and it didn't go so smooth. Apple don't like that kinda stuff. >:(
but virtualization isn't the same as dual booting. You could have an instance of ubuntu running inside your main operating system and it would, for all intents and purposes have the same effect as you're aiming for by getting a new laptop (although I haven't read the whole thread).
https://www.virtualbox.org/
it'd be like having a little linux computer on demand that you could use exclusively for crypto. only instead of being an entirely new computer, you just borrow some resources from your computer to create what looks to the operating system as an entirely new computer.
This sounds like a great idea merockstar!
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What is your primary pc? I run Xubuntu in a VM on my work laptop and it runs great.
MacBook Pro 2.7 GHz Intel Core i7
I tried doing the dual boot thing and it didn't go so smooth. Apple don't like that kinda stuff. >:(
but virtualization isn't the same as dual booting. You could have an instance of ubuntu running inside your main operating system and it would, for all intents and purposes have the same effect as you're aiming for by getting a new laptop (although I haven't read the whole thread).
https://www.virtualbox.org/
it'd be like having a little linux computer on demand that you could use exclusively for crypto. only instead of being an entirely new computer, you just borrow some resources from your computer to create what looks to the operating system as an entirely new computer.
This sounds like a great idea merockstar!
Do becareful with Virtual Machine though. When it fails, it may corrupt the virtual image (ie the virtual machine will never be able to boot again). You will need to backup the virtual machine image.
-
What is your primary pc? I run Xubuntu in a VM on my work laptop and it runs great.
MacBook Pro 2.7 GHz Intel Core i7
I tried doing the dual boot thing and it didn't go so smooth. Apple don't like that kinda stuff. >:(
but virtualization isn't the same as dual booting. You could have an instance of ubuntu running inside your main operating system and it would, for all intents and purposes have the same effect as you're aiming for by getting a new laptop (although I haven't read the whole thread).
https://www.virtualbox.org/
it'd be like having a little linux computer on demand that you could use exclusively for crypto. only instead of being an entirely new computer, you just borrow some resources from your computer to create what looks to the operating system as an entirely new computer.
This sounds like a great idea merockstar!
Do becareful with Virtual Machine though. When it fails, it may corrupt the virtual image (ie the virtual machine will never be able to boot again). You will need to backup the virtual machine image.
just backing up the wallet wouldn't work?
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Too many nested quotes :P
There are a couple things you can do to accomplish what MeTHoDx wants with a VM.
1) When installing select, "Encrypted Partition" in the install menu so that the entire VM won't boot without a passphrase
2) When you have the VM setup in stock form - just a fresh install with maybe some updates, shutdown and take a snapshot
3) Boot up the VM and move forward with installing/compiling the client. Restore your .json backup and make sure all is well.
4) Shutdown, take another snapshot, export the entire VM (believe VirtualBox refers to it as an Appliance) and put it on an external drive or something. I'll be huge.
5) Fire up the VM whenever you want to use the client.
If your system is stolen no one will be able to boot the VM without the pass phrase and your wallet is then again encrypted in that VM. Pretty safe. If you get a new computer just install VirtualBox on that machine and import the image you made in step 4.
If you decide to go this route I can guide you through it in PM's.
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MeTHoDx to answer your OP question I was thinking about an x140e.
1) Fits in your price bracket
2) It's ugly but when the dust settles it'll be cockroaches and this laptop left standing.
http://shop.lenovo.com/us/en/laptops/thinkpad/x-series/x140e/
(http://www.lenovo.com/images/gallery/560x345/lenovo-laptop-thinkpad-x140e-main.png)
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Hey thats weird, I've had my short bitUSD order open for days at 34BTSX/USD.. price went above 34BTSX/USD, shown by the chart in the market but my order is still there untouched.. collateral issue? No collateral showing in my open order.
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GFW what it means? https://bitsharestalk.org/index.php?topic=9251.msg119916#msg119916
It sure is not one first 2 results in Google:
Global Force Wrestling
almost sure it is not:
Games for Windows
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Since China was mentioned I think it's the Great FireWall aka chinese government censorship.
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Stupid question be prepared....
When coinmarket cap says that bitusd market cap is $563k , this means that $563k bitusd are currently in existence correct?
Would it make sense to have a graph that tracks the market cap of bitusd vs, the market cap of BTSX so we can see how the spread is developed between the two? Can someone create something like that?
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In the command line wallet, how can I see which delegates I have already "approved" (or disapproved)?
Nobody?
Here's another one: using the CLI client I have created 3 wallets with one account each. When I shut down the CLI and start the GUI client (which now uses the same data directory it seems), it asks for a password to create a new wallet. But I don't want to create a new wallet, I want to use the existing wallets. How?
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Stupid Question:
"you are not voting with all your stake. please consider updating your vote."
how do I make that disappear? I have bitBTC, bitUSD, and BTSX. I tried sending all the BTSX to a different account and back and I'm still getting the error. Do I have to send ALL my assets to a different account and back?
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In the command line wallet, how can I see which delegates I have already "approved" (or disapproved)?
wallet_list_accounts shows all accounts .. your own, contacts and delegates you approved!
using the CLI client I have created 3 wallets with one account each. When I shut down the CLI and start the GUI client (which now uses the same data directory it seems), it asks for a password to create a new wallet. But I don't want to create a new wallet, I want to use the existing wallets. How?
The GUI uses the wallet "default" ... and only that one. If you want to use one of your wallets in the GUI you need to rename the corresponding folder in %APPDATA%. The reason of this is for simplicity and ease-of-use of regular users
-
Stupid Question:
"you are not voting with all your stake. please consider updating your vote."
how do I make that disappear? I have bitBTC, bitUSD, and BTSX. I tried sending all the BTSX to a different account and back and I'm still getting the error. Do I have to send ALL my assets to a different account and back?
AFAIK, you need to vote for at least 101 delegates and make a voting transaction with ALL your stake for that mark to disappear .. not sure though
-
In the command line wallet, how can I see which delegates I have already "approved" (or disapproved)?
Nobody?
Here's another one: using the CLI client I have created 3 wallets with one account each. When I shut down the CLI and start the GUI client (which now uses the same data directory it seems), it asks for a password to create a new wallet. But I don't want to create a new wallet, I want to use the existing wallets. How?
I do not know if this the correct way to do this (or even if it is advised against)!!!!
I just use 'import wallet' in the file menu. I use the same technic to switch between my 2 wallets also.
PS you will need to make backup while in the CLI first, I guess
wallet_backup_create <json_filename>
[edit]
Reading again your question, you probably want to have 3 data directories as well.
I have no idea how to achieve that...
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Here's another one: using the CLI client I have created 3 wallets with one account each. When I shut down the CLI and start the GUI client (which now uses the same data directory it seems), it asks for a password to create a new wallet. But I don't want to create a new wallet, I want to use the existing wallets. How?
In the GUI the following command should get you what you need. This is assuming they are all sub directories in the same wallets directory (if they aren't you can make it so).
Your wallets directory can look like:
wallets\
default
named_wallet1
named_wallet3
wallet_open
Usage:
wallet_open <wallet_name> Opens the wallet of the given name
Opens the wallet of the given name
Parameters:
wallet_name (wallet_name, required): the name of the wallet to open
Returns:
void
aliases: open
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Is bitUSD supply not as well constantly growing with no way to reduce it? (I believe the answer will help us to make the right comparisons)
Have seen this question several times on this forum, so I will give it a shot (ELI5 hopefully)
Let's try to give a numeric value of the possible market actions:
- Buy bitUSD; Sell bitUSD; short bitUSD; close short bitUSD position;
short bitUSD - when somebody shorts 1 bitUSD actually a new bitUSD comes into existence so + 1
close short bitUSD position - when somebody buys 1 bitUSD and closes the short position actually 1 bitUSD is destroyed - 1
Buy bitUSD - no bitUSD are created or destroyed 0
and Sell bitUSD - no bitUSD are created or destroyed 0
On the market we can have the following combinations:
short bitUSD is matched with Buy bitUSD --> 1 + 0 =+1 - total supply of bitUSD is increase with 1
short bitUSD is matched with close short bitUSD position--> 1 + (-1) =0 - total supply of bitUSD is unchanged.
Sell bitUSD is matched with Buy bitUSD--> 0 + 0 =0 - total supply of bitUSD is unchanged.
Sell bitUSD is matched with close short bitUSD position --> 0 + (-1) =-1 - total supply of bitUSD is decreased by -1
The total of all bitUSD in existence is driven by market forces!!!
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Thanks for the explanation Tony.
I love how bitshares uses the free market to control how its mechanisms work.
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I missed the whole fund raising for Bitshares-X with AGS and I'm a bit in the dark as to how the dev team is funded. Currently as I understand it there is a dev team working full time with at least 1 full time marketer, is that correct?
Do they have a fund they are currently spending their way through to fund the full time work? If so, how much of this fund is left? When will it run out and what happens when it does?
Forgive me if this is a stupid question but I'm just wondering about this. With it being open source it can be a bit hard to tell who is 'official' or full time and who is just contributing because they've bought BTSX. I don't know if there's a breakdown of the 'core' team somewhere?
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I missed the whole fund raising for Bitshares-X with AGS and I'm a bit in the
dark as to how the dev team is funded. Currently as I understand it there is a
dev team working full time with at least 1 full time marketer, is that correct?
Do they have a fund they are currently spending their way through to fund the
full time work? If so, how much of this fund is left? When will it run out
and what happens when it does?
Forgive me if this is a stupid question but I'm just wondering about this.
With it being open source it can be a bit hard to tell who is 'official' or
full time and who is just contributing because they've bought BTSX. I don't
know if there's a breakdown of the 'core' team somewhere?
AGS could be bought by BTC and PTS .. and they are NOT burned! which means they
are owned by I3 .. they just sell some of their BTC/PTS and pay for the team.
The "official" team behind bitshares is shown on the bitshares.org page ..
not all of them are coders .. not all are payed from AGS funds ...
a lot of the community is not payed by the AGS funds
There used to be a link to a google spread sheet where the expenses are listed.
https://docs.google.com/spreadsheet/ccc?key=0AqTwk-e7yzJydDFnQmlkTVlkbWpubnJBbzR2UG5ucnc&usp=sharing#gid=0
https://docs.google.com/a/invictus-innovations.com/spreadsheet/ccc?key=0AqTwk-e7yzJydFZ3bVVWT0o1OUwzXzdESHFBY0FkUWc&usp=sharing#gid=0
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Thanks xeroc
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Two questions:
1. The estimated yield shown in the wallet for BitAssets is yearly?
2. How (often) are the earned fees distributed among BitAsset holders?
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Two questions:
1. The estimated yield shown in the wallet for BitAssets is yearly?
2. How (often) are the earned fees distributed among BitAsset holders?
2. when you make a transaction with the asset you get the yield.
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Stupid Question: What happened?
(http://oi60.tinypic.com/rclu68.jpg)
-
Stupid Question: What happened?
(http://oi60.tinypic.com/rclu68.jpg)
Bugs, modified market rules... BM eating some losses for the market health interest
-
Is this volume correct/real?
http://coinmarketcap.com/assets/bitusd/#markets
It says there has been $77k volume on bitUSD
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Is this volume correct/real?
http://coinmarketcap.com/assets/bitusd/#markets
It says there has been $77k volume on bitUSD
Surprisingly enough I believe it is. And was even higher yesterday.
Tomorrow - I do not know; in the 10-15K USD range is my best guess.
Explanation? Read the post just above yours.
-
Is this volume correct/real?
http://coinmarketcap.com/assets/bitusd/#markets
It says there has been $77k volume on bitUSD
Surprisingly enough I believe it is. And was even higher yesterday.
Tomorrow - I do not know; in the 10-15K USD range is my best guess.
It was only $5k a couple days ago!
-
Is this volume correct/real?
http://coinmarketcap.com/assets/bitusd/#markets
It says there has been $77k volume on bitUSD
Surprisingly enough I believe it is. And was even higher yesterday.
Tomorrow - I do not know; in the 10-15K USD range is my best guess.
It was only $5k a couple days ago!
Explanation? Read the post just above yours.
If its caused by bytemaster doesn't that effectively make it artificial? Not 'natural' growth.
-
Is this volume correct/real?
http://coinmarketcap.com/assets/bitusd/#markets
It says there has been $77k volume on bitUSD
Surprisingly enough I believe it is. And was even higher yesterday.
Tomorrow - I do not know; in the 10-15K USD range is my best guess.
It was only $5k a couple days ago!
Explanation? Read the post just above yours.
If its caused by bytemaster doesn't that effectively make it artificial? Not 'natural' growth.
It fell from a market cap of $570,000 to $280,000 and it's recovering. So I wouldn't call that "growth".
-
Is this volume correct/real?
http://coinmarketcap.com/assets/bitusd/#markets
It says there has been $77k volume on bitUSD
Surprisingly enough I believe it is. And was even higher yesterday.
Tomorrow - I do not know; in the 10-15K USD range is my best guess.
It was only $5k a couple days ago!
Explanation? Read the post just above yours.
If its caused by bytemaster doesn't that effectively make it artificial? Not 'natural' growth.
I never said 77K is the natural growth level as of today. You asked if it is correct. It was today..and yesterday.
-
Is this volume correct/real?
http://coinmarketcap.com/assets/bitusd/#markets
It says there has been $77k volume on bitUSD
Surprisingly enough I believe it is. And was even higher yesterday.
Tomorrow - I do not know; in the 10-15K USD range is my best guess.
It was only $5k a couple days ago!
Explanation? Read the post just above yours.
If its caused by bytemaster doesn't that effectively make it artificial? Not 'natural' growth.
I never said 77K is the natural growth level as of today. You asked if it is correct. It was today..and yesterday.
Ok makes sense, thanks.
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I'm confused regarding the BTSX/bitUSD market's order matching. Currently, there's an overlap between the bid/ask price. I thought that would cause some of the orders to execute.
-
I'm confused regarding the BTSX/bitUSD market's order matching. Currently, there's an overlap between the bid/ask price. I thought that would cause some of the orders to execute.
bug... been fixed as we speak
-
How does the "Price Limit" work with a short on the new
advanced short mode?
-
Another question.
For shorts, is 2 x BTSX collateral planned forever or just to start with? Can this be potentially changed to 0.5 x BTSX collateral in the future as BTSX value gets large and more stable? E.g. transition from 200% reserve to fractional reserve system?
I am trying to understand if the issuance of bitAssets will always be limited to ~1/3 of BTSX market cap... Then generating enough trading fees to support reasonable BTSX P/E might be challenging actually...?
Also contemplating wether bitUSD could potentially become large enough volume for extending credit beyond BTSX market cap...
-
Is there a way to search (on this forum) and the results returned to included the 'poster/handle' making the post?
I mean searching for 'testz' to return not only posts where he is mentioned but also one made by him.
-
I'd always use google to search the forum. The forum internal search is shit.
For example https://www.google.de/webhp?tab=ww&ei=3HcmVKnhJIv8ywOsk4LQDg&ved=0CAkQ1S4#q=site:https:%2F%2Fbitsharestalk.org+%22testz%22
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I'd always use google to search the forum. The forum internal search is shit.
For example https://www.google.de/webhp?tab=ww&ei=3HcmVKnhJIv8ywOsk4LQDg&ved=0CAkQ1S4#q=site:https:%2F%2Fbitsharestalk.org+%22testz%22
Thanks, delulo.
Now let see what chuckoneX (aka NXT's Chuckone) has ever posted...
hmm... somewhat surprisingly nothing too bad...
-
don't get it .. are we talking about this:
https://bitsharestalk.org/index.php?action=profile;area=showposts;u=20260
-
In the end it doesn't matter who is who :) Only the best argument should count = no power to authorities.
-
don't get it .. are we talking about this:
https://bitsharestalk.org/index.php?action=profile;area=showposts;u=20260
yes
-
You can go to their profile page and on the left there is a show posts link.
-
You can go to their profile page and on the left there is a show posts link.
yes but with only 3 posts I could not find a link to the profile.
[EDIT]
Stupid me...
Members > Search for members :-[
-
On Gui I have approved some delegates. Questions...Be prepared they are stupid:
1. Do these delegates see that I vote for them, or my vote is anonymous?
2. When I make a transfer I have some options about delegates (vote for all, recommended by delegates, random). What each one of them mean? I thought that by voting for some delegates it's like approving these delegates so please explain...
3. I recently make a transaction and the other party knew that I am paying 0.5 BTSX fee. How does he know that?
4. I have a triangle that says that some of my stake is not used for voting. I moved all my balances to myself (updated vote) but I still get that message. Why? What am I supposed to do with that?
5. I placed an order at bid price, left it for 10 minutes and the order wasn't completed. Is this still a known bug?
6. I put short orders below the price feed, even at bid price and none of them has been actioned. BM advised that this was a known bug that was resolved in the new release but it appears it hasn't yet? Or am I missing something obvious? Is this normal that I see on my GUI short orders at 28 not actioned yet when the bid price is 28.4?
7. When I open and short order @ 30 do I understand correctly that until it goes to 45 (150%) my collateral is secured and no margin call will take place?
ooouuuffff.....I think that's all for now.
Thank you very much in advance for your kind and simple explanations...
-
On Gui I have approved some delegates. Questions...Be prepared they are stupid:
1. Do these delegates see that I vote for them, or my vote is anonymous?
anonymous
2. When I make a transfer I have some options about delegates (vote for all, recommended by delegates, random). What each one of them mean? I thought that by voting for some delegates it's like approving these delegates so please explain...
Listen to the last but one delegate hangout. BM explains it himself
50:51 https://soundcloud.com/beyond-bitcoin-hangouts/bitshares-community-and-developer-hangout-9-12-2014
3. I recently make a transaction and the other party knew that I am paying 0.5 BTSX fee. How does he know that?
I have to think about that..
4. I have a triangle that says that some of my stake is not used for voting. I moved all my balances to myself (updated vote) but I still get that message. Why? What am I supposed to do with that?
Bug... just a guess
5. I placed an order at bid price, left it for 10 minutes and the order wasn't completed. Is this still a known bug?
Bug, fixed in next release
6. I put short orders below the price feed, even at bid price and none of them has been actioned. BM advised that this was a known bug that was resolved in the new release but it appears it hasn't yet? Or am I missing something obvious? Is this normal that I see on my GUI short orders at 28 not actioned yet when the bid price is 28.4?
should be fixed in v. 0.4.18
7. When I open and short order @ 30 do I understand correctly that until it goes to 45 (150%) my collateral is secured and no margin call will take place?
Yes
ooouuuffff.....I think that's all for now.
Thank you very much in advance for your kind and simple explanations...
Actually the precise answer to 7 is: Yes, currently. Changes coming, stay informed.
-
Hi all,
My stupid question is about the alleged "market peg" idea. Here's what Bitshares Wiki article says: "It says so, right there in the name. Once people accept that, it self-perpetuates. It's announced at the beginning, '1 BitUSD = 1 USD' and everybody buys into the market based on that assumption, and all market participants have the incentive to keep it that way. . . . BitUSD is pegged to the USD because it says it is."
Source: http://wiki.bitshares.org/index.php/Market_Peg
So, basically, what regulates the value of BitUSD is the belief of the market participants and nothing else. Then, assume a bitAsset called BitMultiply, whose value doubles each day. So, if it's worth $1 today, it will be worth $2 tomorrow, and about $1K after 10 days. Not a bad way to make profit, isn't it? I am sure everybody will readily agree that such a bitAsset cannot succeed. My question is: Why? My second question is: How is this idea different than the idea of creating an asset whose value is and will always be exactly $1, namely, BitUSD?
My point is that a system like Bitshares cannot just rely on the belief of market participants. Even if all market participants buy BitMultiply with the belief that its value will multiply in time, the idea is just not feasible. So, the issuer of the bitAsset called BitUSD is likewise responsible to give an account of the feasibility of such an idea, which they did not.
I believe that the idea behind Bitshares is but what is called a confidence trick, and people will sell their BitUSD at lower and lower prices when the time comes.
I know my language is a bit aggressive, but my only hope is to get educated.
-
First welcome aboard!
Second toast was right. It is worth it then.
For the main question read this:
https://bitsharestalk.org/index.php?topic=9382.msg121743#msg121743
* if you do not know what I am talking about in 2nd - the answer is in the same thread, several post later than the post linked above.
!!!General Warning. Be advised ! Spending time on this forum is extremely dangerous! Many non-believers have converted. And worst of all - the chance of conversion is correlated with the time spent here, not with the strength of the prior convictions.
-
I just wonder if you Najska, are 'cobaltskky' herself. It will be great honor if true. She is a brave woman. If not please do not be offended by this speculation. I hold this person ( 'cobaltskky' ) in high regard.
-
On Gui I have approved some delegates. Questions...Be prepared they are stupid:
1. Do these delegates see that I vote for them, or my vote is anonymous?
anonymous
2. When I make a transfer I have some options about delegates (vote for all, recommended by delegates, random). What each one of them mean? I thought that by voting for some delegates it's like approving these delegates so please explain...
Listen to the last but one delegate hangout. BM explains it himself
50:51 https://soundcloud.com/beyond-bitcoin-hangouts/bitshares-community-and-developer-hangout-9-12-2014
3. I recently make a transaction and the other party knew that I am paying 0.5 BTSX fee. How does he know that?
I have to think about that..
4. I have a triangle that says that some of my stake is not used for voting. I moved all my balances to myself (updated vote) but I still get that message. Why? What am I supposed to do with that?
Bug... just a guess
5. I placed an order at bid price, left it for 10 minutes and the order wasn't completed. Is this still a known bug?
Bug, fixed in next release
6. I put short orders below the price feed, even at bid price and none of them has been actioned. BM advised that this was a known bug that was resolved in the new release but it appears it hasn't yet? Or am I missing something obvious? Is this normal that I see on my GUI short orders at 28 not actioned yet when the bid price is 28.4?
should be fixed in v. 0.4.18
7. When I open and short order @ 30 do I understand correctly that until it goes to 45 (150%) my collateral is secured and no margin call will take place?
Yes
ooouuuffff.....I think that's all for now.
Thank you very much in advance for your kind and simple explanations...
Actually the precise answer to 7 is: Yes, currently. Changes coming, stay informed.
http://wiki.bitshares.org/index.php/ApprovalVoting
the transaction fee is a part of the transaction .. and can thus be read from the blockchain ..
-
I was doing some research on the bitshares music and don't understand something. After the snapshot you will get notes. But I thought notes were issued by artists? I know I'm misunderstanding something.
-
I believe the artists will issue 'artistcoins'
-
I believe the artists will issue 'artistcoins'
I'm still confused as to how the person who owns PTS will profit?
-
On Gui I have approved some delegates. Questions...Be prepared they are stupid:
1. Do these delegates see that I vote for them, or my vote is anonymous?
anonymous
2. When I make a transfer I have some options about delegates (vote for all, recommended by delegates, random). What each one of them mean? I thought that by voting for some delegates it's like approving these delegates so please explain...
Listen to the last but one delegate hangout. BM explains it himself
50:51 https://soundcloud.com/beyond-bitcoin-hangouts/bitshares-community-and-developer-hangout-9-12-2014
3. I recently make a transaction and the other party knew that I am paying 0.5 BTSX fee. How does he know that?
I have to think about that..
4. I have a triangle that says that some of my stake is not used for voting. I moved all my balances to myself (updated vote) but I still get that message. Why? What am I supposed to do with that?
Bug... just a guess
5. I placed an order at bid price, left it for 10 minutes and the order wasn't completed. Is this still a known bug?
Bug, fixed in next release
6. I put short orders below the price feed, even at bid price and none of them has been actioned. BM advised that this was a known bug that was resolved in the new release but it appears it hasn't yet? Or am I missing something obvious? Is this normal that I see on my GUI short orders at 28 not actioned yet when the bid price is 28.4?
should be fixed in v. 0.4.18
7. When I open and short order @ 30 do I understand correctly that until it goes to 45 (150%) my collateral is secured and no margin call will take place?
Yes
ooouuuffff.....I think that's all for now.
Thank you very much in advance for your kind and simple explanations...
Actually the precise answer to 7 is: Yes, currently. Changes coming, stay informed.
Thank you very much for all the replies. Much appreciated!! But why changes are coming regarding to no7? How am I supposed to know if I want to short and I suddenly get a margin call which I haven't correctly estimated due to changes? Are these changes will be announced in advance? Will we have the chance to cancel our short positions prior to changes?
@Xeroc thank you very much as well. The reference in the wiki was helpful to understand the different options regarding voting.
P.S1: @ dat peg doe. What was your previous user name so I know who am talking to?
P.S2: I just wonder if you are 'cobaltskky' herself. It will be great honor if true. She is a brave woman. If not please do not be offended by this speculation. I hold this person ( 'cobaltskky' ) in high regard.
I like cobaltskky as well. She must be a really nice person, very passionate, and she has actually "saved" the day in NXT community with the BTER hacking in a very funny way. I wish she becomes part of this community.
I think in the long term bitcoin will be overtaken by the community who has the most women on board. Do we even have any woman member in here? We need them for the long success of BitsharesX...
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P.S1: @ dat peg doe. What was your previous user name so I know who am talking to?
Do we even have any woman member in here? We need them for the long success of BitsharesX...
'dat peg doe' aka 'tonyk'
I know of one woman for sure.
And I agree on the more women needed, Zeus.
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haha..Why have you changed it to dag peg doe? I must have missed something here...Anyway for whatever reason you changed it consider changing back to Tonyk since we all know you as Tonyk and all like Tonyk in reality... You are valuable as Tonyk and if people complain let them complain..
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I'm still confused as to how the person who owns PTS will profit?
10% of Bitshares Music will be distributed to PTS holders - there will be taken a snapshot of the PTS blockchain at a time that will get previously announced.
It's advisable that, especially on that particular day, you hold them in your own wallet because you'll need the private key. Otherwise you never know how your exchange will handle this.
http://www.peertracks.com/pre-sale.html#jumpto_2_6
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haha..Why have you changed it to dag peg doe? I must have missed something here...Anyway for whatever reason you changed it consider changing back to Tonyk since we all know you as Tonyk and all like Tonyk in reality... You are valuable as Tonyk and if people complain let them complain..
tonyk was an ok name...
dat peg doe is an epic name!
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haha..Why have you changed it to dag peg doe? I must have missed something here...Anyway for whatever reason you changed it consider changing back to Tonyk since we all know you as Tonyk and all like Tonyk in reality... You are valuable as Tonyk and if people complain let them complain..
dat peg doe - a real cool name actually, Zeus. I know you are not a native speaker. Do you know what it means?
https://bitsharestalk.org/index.php?topic=9347.msg121086#msg121086
On the closing the short positions - you will have enough time to close them before the system force-closes them. The proposal is - the system closes each short position opened 30 days back. To avoid this , you should close it and reopen it manually, let's say at day 25.
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P.S1: @ dat peg doe. What was your previous user name so I know who am talking to?
Do we even have any woman member in here? We need them for the long success of BitsharesX...
'dat peg doe' aka 'tonyk'
I know of one woman for sure.
And I agree on the more women needed, Zeus.
Actually, when you sum up all the support we have received from both genders,
it turns out that the women hold a commanding lead.(https://bitsharestalk.org/index.php?action=dlattach;attach=257;type=avatar)
Admittedly, it was Mako who single-handedly gave the women this lead with one post:
https://bitsharestalk.org/index.php?topic=4744.msg60931#msg60931 (https://bitsharestalk.org/index.php?topic=4744.msg60931#msg60931)
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dat peg doe - a real cool name actually, Zeus. I know you are not a native speaker. Do you know what it means?
hahaha... I got it now.
Admittedly, it was Mako who single-handedly gave the women this lead with one post:
LOLOLOL!!! +5% +5% +5%
Somebody wants to become a grandfather!!
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She didn't say it would be hers :)
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P.S1: @ dat peg doe. What was your previous user name so I know who am talking to?
Do we even have any woman member in here? We need them for the long success of BitsharesX...
'dat peg doe' aka 'tonyk'
I know of one woman for sure.
And I agree on the more women needed, Zeus.
Actually, when you sum up all the support we have received from both genders,
it turns out that the women hold a commanding lead.(https://bitsharestalk.org/index.php?action=dlattach;attach=257;type=avatar)
Admittedly, it was Mako who single-handedly gave the women this lead with one post:
https://bitsharestalk.org/index.php?topic=4744.msg60931#msg60931 (https://bitsharestalk.org/index.php?topic=4744.msg60931#msg60931)
now I know why the gui is full of bugs...
Sent from my ALCATEL ONE TOUCH 997D
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haha..Why have you changed it to dag peg doe? I must have missed something here...Anyway for whatever reason you changed it consider changing back to Tonyk since we all know you as Tonyk and all like Tonyk in reality... You are valuable as Tonyk and if people complain let them complain..
tonyk was an ok name...
dat peg doe is an epic name!
+5%
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So no women at all in our community...
How can we attract them? Maybe make a fashion DAC someone or something??
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So no women at all in our community...
How can we attract them? Maybe make a fashion DAC someone or something??
LOL
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BitsharesFashion for fashion designers in a similar way as BitsharesMusic for artists...
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BitsharesFashion for fashion designers in a similar way as BitsharesMusic for artists...
Hmmm....
You're on to something....
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I'll repost this here:
PRICE LIMIT: If I leave the "price limit" field blank, my short will (dynamically?) execute at any price so long as it's at the price feed, no matter what that is?
COLLATERAL RATIO: If I want to short 100 BitUSD into existence and back it with 3x the amount of BTSX, what do I input and why?
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I'll repost this here:
PRICE LIMIT: If I leave the "price limit" field blank, my short will (dynamically?) execute at any price so long as it's at the price feed, no matter what that is?
COLLATERAL RATIO: If I want to short 100 BitUSD into existence and back it with 3x the amount of BTSX, what do I input and why?
a) I guess yes
b) You multiply the minimum default ratio by 3 (default ratio is about 30 right now, it changes dynamical dependent of the btsx price, default ratio multiplied with current BTSX price in USD = 1)
so that means 3x30=90
so you input 90 on COLLATERAL RATIO field, to back your bitUSD with 3x the amount of BTSX
PS 30 collateral ratio with current btsx prices means your bitUSD backed upped 1:1
1 btsx=0.033 bitUSD
30 * 0.033 bitUSD =1
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Would it be ok to keep the initial BTSX shares in AGS account for a long time ?
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Would it be ok to keep the initial BTSX shares in AGS account for a long time ?
all accounts is equal .. the only difference for AGS accounts is that they are publicly known (just the addresses and balances)
and that unmoved AGS stake adds to the "unclaimed genesis stake" ..
but nothing prevents you from hodling!
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Would it be ok to keep the initial BTSX shares in AGS account for a long time ?
Depends on how long I guess. AFAIK there's an inactivity fee of 5% (?) if your shares stay unmoved for more than 1 year (?). http://wiki.bitshares.org/index.php/Bitshares_X#What.E2.80.99s_the_deal_with_DAC_profits_.3F
Sending them to yourself every couple of months is OK.
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Would it be ok to keep the initial BTSX shares in AGS account for a long time ?
Depends on how long I guess. AFAIK there's an inactivity fee of 5% (?) if your shares stay unmoved for more than 1 year (?). http://wiki.bitshares.org/index.php/Bitshares_X#What.E2.80.99s_the_deal_with_DAC_profits_.3F
Sending them to yourself every couple of months is OK.
inactivity fee has been suspended indefinitely! We are just waiting for a "official" announcement from Dacsunlimited
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Yield question: BM recently quoted 1.5% yield on BitUSD. Did he get that number by computing (collected_fees) / (current_share_supply) ?
If so, then BitCNY is paying about twice that and BitGLD is "paying" over 18%. Obviously the bitGLD number will change once the "assert exception" bug is fixed, but that's an awfully nice yield on gold. :)
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Yield question: BM recently quoted 1.5% yield on BitUSD. Did he get that number by computing (collected_fees) / (current_share_supply) ?
If so, then BitCNY is paying about twice that and BitGLD is "paying" over 18%. Obviously the bitGLD number will change once the "assert exception" bug is fixed, but that's an awfully nice yield on gold. :)
let me hightlight two lines out of the GLD market status:
"precision": 1000000,
"current_share_supply": 70397,
There just is no liquidity in GLD yet ..
The issue of the yield .. if have no clue .. but I guess something in that . or maybe he collected blockchain data and estimated according to the already paid yields .. something like that ..
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Yield question: BM recently quoted 1.5% yield on BitUSD. Did he get that number by computing (collected_fees) / (current_share_supply) ?
If so, then BitCNY is paying about twice that and BitGLD is "paying" over 18%. Obviously the bitGLD number will change once the "assert exception" bug is fixed, but that's an awfully nice yield on gold. :)
let me hightlight two lines out of the GLD market status:
"precision": 1000000,
"current_share_supply": 70397,
There just is no liquidity in GLD yet ..
The issue of the yield .. if have no clue .. but I guess something in that . or maybe he collected blockchain data and estimated according to the already paid yields .. something like that ..
Haha, I know GLD is crazy immature right now due to the market bugs. But I bet I'm right about the yield computation (other than gold), just due to bits and pieces of how BM has explained it. I'm gonna go do some digging...
Sent from my SCH-S720C using Tapatalk 2
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Yield question: BM recently quoted 1.5% yield on BitUSD. Did he get that number by computing (collected_fees) / (current_share_supply) ?
If so, then BitCNY is paying about twice that and BitGLD is "paying" over 18%. Obviously the bitGLD number will change once the "assert exception" bug is fixed, but that's an awfully nice yield on gold. :)
let me hightlight two lines out of the GLD market status:
"precision": 1000000,
"current_share_supply": 70397,
There just is no liquidity in GLD yet ..
The issue of the yield .. if have no clue .. but I guess something in that . or maybe he collected blockchain data and estimated according to the already paid yields .. something like that ..
Haha, I know GLD is crazy immature right now due to the market bugs. But I bet I'm right about the yield computation (other than gold), just due to bits and pieces of how BM has explained it. I'm gonna go do some digging...
Sent from my SCH-S720C using Tapatalk 2
I'm back to answer my own question: https://bitsharestalk.org/index.php?topic=8520.msg110779.msg#110779
So I was right, total fees are divided by total supply and then that percentage is paid out linearly over the following year.
Sent from my SCH-S720C using Tapatalk 2
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Would it be ok to keep the initial BTSX shares in AGS account for a long time ?
all accounts is equal .. the only difference for AGS accounts is that they are publicly known (just the addresses and balances)
and that unmoved AGS stake adds to the "unclaimed genesis stake" ..
but nothing prevents you from hodling!
Thanks
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My assets balances are 0, and market transactions appear as UNKNOWN in Recent Transactions page(for tx since september 11). To be fair, it happened in 0.4.18 but i hoped this version will fix it. It was just a very small amount for testing purposes. But still, how do i fix this?
wallet_regenerate_keys ACCOUNT-NAME 1000
rescan
now should work MUCH better .. give it a try
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Arbitrage for Dummies
BitSharesX: BTSX is being sold at 0.21CNY/BTSX
BTER.com: BTSX is being sold at 0.195CNY/BTSX
BTER.com: bitCNY is trading at about a 2.5% discount.
Bot Algorithm:
- Buy bitCNY on BitSharesX below the peg 0.21CNY/BTSX
- Transfer it to BTER.com and trade it for CNY
- Trade CNY for BTSX at 0.195 CNY/BTSX
- Transfer BTSX back to BitSharesX
- Rinse and repeat.
With Feeling Numbers:
- Trade 100 @ .21 CNY/BTSX = 21 bitCNY
- Transfer 21 bitCNY to BTER
- Trade 21 @ 0.975 bitCNY/CNY = 20.475 CNY
- Buy 105 @ .195 CNY/BTSX
- Transfer 105 BTSX back to BitSharesX
- Rinse and Repeat
I get the feeling BM has been telling us to do this for months. Anyway, aside from all the fees between the steps, which would be less than 5 BTSX, this seems reasonable? Since everything would be done by a bot even 0.01% profitability would be good. Even breaking even would be fine if it'd provide some Market X-Laxtm
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Arbitrage for Dummies
BitSharesX: BTSX is being sold at 0.21CNY/BTSX
BTER.com: BTSX is being sold at 0.195CNY/BTSX
BTER.com: bitCNY is trading at about a 2.5% discount.
Bot Algorithm:
- Buy bitCNY on BitSharesX below the peg 0.21CNY/BTSX
- Transfer it to BTER.com and trade it for CNY
- Trade CNY for BTSX at 0.195 CNY/BTSX
- Transfer BTSX back to BitSharesX
- Rinse and repeat.
With Feeling Numbers:
- Trade 100 @ .21 CNY/BTSX = 21 bitCNY
- Transfer 21 bitCNY to BTER
- Trade 21 @ 0.975 bitCNY/CNY = 20.475 CNY
- Buy 105 @ .195 CNY/BTSX
- Transfer 105 BTSX back to BitSharesX
- Rinse and Repeat
I get the feeling BM has been telling us to do this for months. Anyway, aside from all the fees between the steps, which would be less than 5 BTSX, this seems reasonable? Since everything would be done by a bot even 0.01% profitability would be good. Even breaking even would be fine if it'd provide some Market X-Laxtm
I've been manually watching for these types of arbitrage opportunities since BitUSD launched, and it's been a long time since I've seen one, and that's mostly because CNY/BitCNY is quite illiquid on Bter. When BitUSD was new, I completed quite a few manual arbitrage trades with Bter, taking advantage of the fact that you got a 1% bonus for depositing BTSX. Quite nice.
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Yes arbitrage opportunities don't exist much anymore...In the first days of Bitusd I managed to sell my last bitcoin for $600 bitusd...Those days are gone now...
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On the chart "Volume BitUSD" what is the "Price Feed" ? When it's sitting between the buy bitUSD and sell bitUSD does that mean it's at the price it should be when it's sitting in the sell bitUSD does that mean that bitUSD is currently trading under what it should?
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Current BTSX Buy Price : 0.00010887 BTC ? Where is that based off of?
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Why does it say "Not connected" in the bottom corner? I'm probably being really dumb, can someone please help me? Thanks!
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Current BTSX Buy Price : 0.00010887 BTC ? Where is that based off of?
It went right back to ~0.000087. Didnt understand that too
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Current BTSX Buy Price : 0.00010887 BTC ? Where is that based off of?
poloniex probably
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I think that lagging price feeds are preventing an increase in market cap for bitassets. My understanding is that short orders are critical to the creation of additional unit of bitassets, but the lagging price feeds severely limit the incentive and execution of short orders. Is this intended behavior?
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I think that lagging price feeds are preventing an increase in market cap for bitassets. My understanding is that short orders are critical to the creation of additional unit of bitassets, but the lagging price feeds severely limit the incentive and execution of short orders. Is this intended behavior?
what do you mean by lagging price feeds?
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From the wiki:
The price feed for a certain asset (say bitUSD) is derived as the median over all published price feeds not older as 24 hours.
By its nature, that would mean that it lags behind.
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I think it has been updated to every 20 minutes or so. But not sure...
I think it would help if there would be statistics for each delegate how close their feed was to the median and how often a delegate updates it....
You are making a good point. But consider that a trader can anticipate when the feed is of and trade accordingly...
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Why does it say "Not connected" in the bottom corner? I'm probably being really dumb, can someone please help me? Thanks!
First make sure you backup (export) your wallet. Then go to your app data folder and delete the "chain" folder. If this doesn't work then just re-download and install the wallet.
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what will be the effect of overstock hiring counterpart devs to develop a decentralised exchange? in the webinar before didn't they say overstock was considering bitsharesX? i am curious
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what will be the effect of overstock hiring counterpart devs to develop a decentralised exchange? in the webinar before didn't they say overstock was considering bitsharesX? i am curious
opinions differ on that:
https://bitsharestalk.org/index.php?topic=9764.msg126815#msg126815
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How are user created assets initially distributed? Like free, fund and star?
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what will be the effect of overstock hiring counterpart devs to develop a decentralised exchange? in the webinar before didn't they say overstock was considering bitsharesX? i am curious
opinions differ on that:
https://bitsharestalk.org/index.php?topic=9764.msg126815#msg126815
thank you
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Is collateral reserved on an open order or only after execution?
eg. If you trusted 4 different assets (eg. USD, CNY, EUR and AUD) and wanted to short all your btsx ie. go "All-In", could you post the same valued short against all of the 4 assets? Then once one executes, the other 3 disappear or cancel?
If not (which I get the feeling is the case), a feature suggestion maybe to short to "the markets you tick the checkbox for". ie. One short-wall order for different assets.
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How are user created assets initially distributed? Like free, fund and star?
nope ... the creator of the asset can issue ALL or just part of the assets directly to one of his accounts ...
and sell them at the exchange
That's what allows an IPO/pre-sale on the network .. you define a cap of 1B shares .. create a new share with 1B shares and start issuing and selling them in parts ..
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So I have my delegate almost ready.
I set the pay rate and registered it...
then I type "wallet_delegate_set_block_production bbx-dns true" and this is what it returns:
bbx-dns (unlocked) >>> wallet_delegate_set_block_production bbx-dns true
10 assert_exception: Assert Exception
delegate_record.is_delegate(): bbx-dns is not a delegate.
{"name":"bbx-dns"}
th_a wallet.cpp:3018 set_delegate_block_production
{}
th_a common_api_client.cpp:1699 wallet_delegate_set_block_production
{"command":"wallet_delegate_set_block_production"}
th_a cli.cpp:556 execute_command
So I was like..."hm..." and went back and tried to register the delegate again:
wallet_account_register bbx-dns bbx-dns {} 1
and it returns:
bbx-dns (unlocked) >>> wallet_account_register bbx-dns bbx-dns {} 1
20025 duplicate_account_name: duplicate account name
This account name has already been registered!
{}
th_a wallet.cpp:4224 register_account
{"account_to_register":"bbx-dns","public_data":{},"pay_with_account_name":"bbx-dns","delegate_pay_rate":1}
th_a wallet.cpp:4288 register_account
{"account_name":"bbx-dns","data":{}}
th_a client.cpp:3240 wallet_account_register
{}
th_a common_api_client.cpp:1171 wallet_account_register
{"command":"wallet_account_register"}
th_a cli.cpp:556 execute_command
Can someone give some ideas as to what the problem is?
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(wallet closed) >>> blockchain_get_account bbx-dns
Name: bbx-dns
Registered: 2014-10-08T06:28:10
Last Updated: 27 hours ago
Owner Key: KEY7BpVqTKtFqgZuXsxxUwxNWPa4bFeLdscdfU6Eeuu46vPWvajMS
Active Key History:
- KEY7BpVqTKtFqgZuXsxxUwxNWPa4bFeLdscdfU6Eeuu46vPWvajMS, last used 27 hours ago
Not a delegate.
your name is already registered on the blockchain ... but NOT as a delegate.
you need to update your registration:
help wallet_account_update_registration
Usage:
wallet_account_update_registration <account_name> <pay_from_account> [public_data] [delegate_pay_rate] Updates the data published about a given account
for a payrate of 1%:
wallet_account_update_registration bbx-dns bbx-dns {} 1
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odd...when i did that, it looked like it worked. maybe i typed something wrong... (i have already tried this, but let me see)
*Edit: I have it up and running...*
wallet_approve_delegate bbx-dns
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How are user created assets initially distributed? Like free, fund and star?
nope ... the creator of the asset can issue ALL or just part of the assets directly to one of his accounts ...
and sell them at the exchange
That's what allows an IPO/pre-sale on the network .. you define a cap of 1B shares .. create a new share with 1B shares and start issuing and selling them in parts ..
would it be possible to apply a snapshot of a blockchain as the share drop for an user created asset?
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So OS X Yosemite is coming very soon. Typically, when a new OS X comes out, I back up all of my data and do a clean install to get rid of any lingering bugs. If I do this, is there going to be a problem recovering my wallet, assuming that I have been backing it up regularly?
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If I do this, is there going to be a problem recovering my wallet, assuming that I have been backing it up regularly?
nope .. all should be fine ... just have AT LEAST the backup you created in-app (jsonBACKUP file) ..
additionally you should store the "wallets" folder which is located somewhere in /Library .. or so ..
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Is there a way to get raw btsx/bitUSD price history?
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odd...when i did that, it looked like it worked. maybe i typed something wrong... (i have already tried this, but let me see)
*Edit: I have it up and running...*
wallet_approve_delegate bbx-dns
Unless you're in the top 101 you can't enable block production.
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When i was trying to register an account i got an error message saying something about parent account authority required to regiater child acc.
What should i do?
And why that happened?
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When i was trying to register an account i got an error message saying something about parent account authority required to regiater child acc.
What should i do?
And why that happened?
Did you use a dot in the account you tried to register?
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I did. So thats the problem?
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Unless you're in the top 101 you can't enable block production.
yes you can, but your client/delegate will not be allowed to produce blocks ...
Imho you can also publish a feed ... which will not be counted in the market though
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I did. So thats the problem?
If you want to register a subaccount .. i.e. foo.bar ... you need to own the name "bar" too ..
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Hi ya'll, I'm very new to Bitshares, I just started looking into it a few days ago so forgive my ignorance
Anyway, I just came across an article that says BitShares charges $5,700 to create and asset on the exchange :o
blog.coinprism.com/2014/10/13/assets-on-colored-coins-exchange
Is that for real?? If not we need to contact author and get them to change the article.
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Hi ya'll, I'm very new to Bitshares, I just started looking into it a few days ago so forgive my ignorance
Anyway, I just came across an article that says BitShares charges $5,700 to create and asset on the exchange :o
blog.coinprism.com/2014/10/13/assets-on-colored-coins-exchange
Is that for real?? If not we need to contact author and get them to change the article.
Asset registration fee is currently @ "asset_reg_fee": "257,238.37440 BTSX", or about $7000, so the author is more or less correct.
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Ahh I see, I don't remember reading that anywhere when I was researching, that's alot of money!
Oh well I guess it cuts the crap out, thanks for the quick reply.
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Ahh I see, I don't remember reading that anywhere when I was researching, that's alot of money!
Oh well I guess it cuts the crap out, thanks for the quick reply.
Yea if it was super low or none existent you would see a lot of people try to create junk or scam assets which would just clutter things up.
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
He actually address this in one of the mumble hangouts himself .. conclusion: the project would lose a major developer and thinker .. but will go on no matter what ..
sources are available for free @ github .. everyone can join "the team"
the repository has roughtly 30 contributors: https://github.com/BitShares/bitshares_toolkit/graphs/contributors
and I'd say with more and more DACs coming up and beeing developed the code seems to be rather understandable ;-)
Disclaimer: I am not a coder .. however I managed to get some patches merged into the main tool ;-) yehaa
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...
The Dan dac is under development and will embed my consciousness where it can live for ever
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...
The Dan dac is under development and will embed my consciousness where it can live for ever
Creepy. Cool, but creepy because I think you could do it.
This all reminds me of Daemon and Freedom by Daniel Suarez.
Sent from my SM-G900T using Tapatalk
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...
The Dan dac is under development and will embed my consciousness where it can live for ever
The good news is it only takes one transistor to execute the business logic, so he can be embedded anywhere.
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...
The Dan dac is under development and will embed my consciousness where it can live for ever
The good news is it only takes one transistor to execute the business logic, so he can be embedded anywhere.
One quantum transistor capable of representing all possible states at once.
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...
The Dan dac is under development and will embed my consciousness where it can live for ever
The good news is it only takes one transistor to execute the business logic, so he can be embedded anywhere.
One quantum transistor capable of representing all possible states at once.
Yeah, that sounds like a good fit.
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...
The Dan dac is under development and will embed my consciousness where it can live for ever
The good news is it only takes one transistor to execute the business logic, so he can be embedded anywhere.
One quantum transistor capable of representing all possible states at once.
Yeah, that sounds like a good fit.
Too bad you can only measure the state once.
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What a morbid discussion - "My money is at stake, please dont die"
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What a morbid discussion - "My money is at stake, please dont die"
More like - "The future of a fair and trust-free global economic system is at stake."
IMHO BitSharesX is MUCH bigger than any profits we make off it. Sure, I'd like to make some money along the way so that I can focus on Crypto full time, but the big picture is epic.
That said most company's do not allow their executives to travel on the same flights. Morbid...but reality.
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One quantum transistor capable of representing all possible states at once.
(http://i.imgur.com/LTztzC6.jpg)
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A black warning triangle has appeared. "This account is not voting with some of its stake, Consider updating your vote."
I have checked those I wanted to vote for, ? how to correct ? is this important
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A black warning triangle has appeared. "This account is not voting with some of its stake, Consider updating your vote."
I have checked those I wanted to vote for, ? how to correct ? is this important
Check this:
http://wiki.bitshares.org/index.php/ApprovalVoting
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What happens if Daniel Larimer dies? -- how open, complete and understandable is the code and the project as a whole?
-- i totally do not wish this, but having this contingency would probably make him never to be a target to any bad-actors...
The Dan dac is under development and will embed my consciousness where it can live for ever
+5%
Haha... great answer!!! Thanks... reason I asked is that I remember really loving the bitcoin wiki on contingencies... does Bitshares have such a page? -- it could also address all the possible results of a 51% attack, your falling in Love and dropping this project for ever, or beaming your DAC self to another galaxy
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How many BTSx's should I buy if I have about 100 bitcoins now?
Is there any point to buying PTS/AGS's also?
Has anyone done the calculations on maximizing investment/purchase of Bitshares with potential future scenarios?
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How many BTSx's should I buy if I have about 100 bitcoins now?
That's an investment decision you should answer yourself .. if you as in NXT
they will tell you buy NXT worth 100 BTC .. if you ask in counter party they
will tell you the same with XCP ..
Asking here could result in the same .. but I am NOT giving that advice ..
In fact I NEVER give an investment advice ..
Sorry for not answering your question
Is there any point to buying PTS/AGS's also?
AGS donation period is over .. no chance here
If you are interested in BTSX .. buying PTS does just not make any sense ..
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
Has anyone done the calculations on maximizing investment/purchase of Bitshares
with potential future scenarios?
Not me .. sorry .. I am 'blindly' following my gut feeling :)
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
They add the addresses of people who donated to AGS/are holding PTS to the genesis block of the new DAC. Then you download the DAC, and you use your private key to prove it is you who donated/was holding PTS. Before the DAC comes out the developer usually posts a list of all the addresses and how much they're getting, so you can verify that the amount you're getting makes sense mathematically.
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
They add the addresses of people who donated to AGS/are holding PTS to the genesis block of the new DAC. Then you download the DAC, and you use your private key to prove it is you who donated/was holding PTS. Before the DAC comes out the developer usually posts a list of all the addresses and how much they're getting, so you can verify that the amount you're getting makes sense mathematically.
Thanks... I will have to do this a few times, and I will get it. I was just wondering if there is a site to see this data now.
I'm trying to understand this, so I can better explain to others :)
-
on the theme of my earlier "stupid question" about poor Dan being STOPPED PERMANENTLY :'(
What would happen if the US Gov't "Shremed" the whole team in the USA? (Shremed = Jailed, blocked, detained)
What percent of "all core/lead developers" NOT residing in the USA? :)
PS: I haven't found the site/video where Dan discusses this, could someone please share the link, thanks. :)
-
on the theme of my earlier "stupid question" about poor Dan being STOPPED PERMANENTLY :'(
What would happen if the US Gov't "Shremed" the whole team in the USA? (Shremed = Jailed, blocked, detained)
What percent of "all core/lead developers" NOT residing in the USA? :)
PS: I haven't found the site/video where Dan discusses this, could someone please share the link, thanks. :)
... And some things that should not have been forgotten were lost. History became legend. Legend became myth. And for two and a half thousand years, the DAC passed out of all knowledge. Until, when chance came, ...
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
They add the addresses of people who donated to AGS/are holding PTS to the genesis block of the new DAC. Then you download the DAC, and you use your private key to prove it is you who donated/was holding PTS. Before the DAC comes out the developer usually posts a list of all the addresses and how much they're getting, so you can verify that the amount you're getting makes sense mathematically.
Thanks... I will have to do this a few times, and I will get it. I was just wondering if there is a site to see this data now.
I'm trying to understand this, so I can better explain to others :)
If I was selecting my, at least 3rd, handle for this forum I would have chosen something more self-describing... like bitFamous_morethanabitBitter... but it is just me, all this is below you... but is it really? Such a big empire such a small man on top of it. :)
-
on the theme of my earlier "stupid question" about poor Dan being STOPPED PERMANENTLY :'(
What would happen if the US Gov't "Shremed" the whole team in the USA? (Shremed = Jailed, blocked, detained)
What percent of "all core/lead developers" NOT residing in the USA? :)
PS: I haven't found the site/video where Dan discusses this, could someone please share the link, thanks. :)
... And some things that should not have been forgotten were lost. History became legend. Legend became myth. And for two and a half thousand years, the DAC passed out of all knowledge. Until, when chance came, ...
ughhh... okay... so is there a real answer there somewhere? I have no idea, is there like thousands of programmers working on this around the world that I just don't know about?
I guess the thread can be renamed: Stupid Questions... funny/weird answers thread! :)
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
They add the addresses of people who donated to AGS/are holding PTS to the genesis block of the new DAC. Then you download the DAC, and you use your private key to prove it is you who donated/was holding PTS. Before the DAC comes out the developer usually posts a list of all the addresses and how much they're getting, so you can verify that the amount you're getting makes sense mathematically.
Thanks... I will have to do this a few times, and I will get it. I was just wondering if there is a site to see this data now.
I'm trying to understand this, so I can better explain to others :)
If I was selecting my, at least 3rd, handle for this forum I would have chosen something more self-describing... like bitFamous_morethanabitBitter... but it is just me, all this is below you... but is it really? Such a big empire such a small man on top of it. :)
I knew you were Famous!!! I was so happy, I had to call myself "Happy"!!! :-* ... meet Mrs Happy!
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
They add the addresses of people who donated to AGS/are holding PTS to the genesis block of the new DAC. Then you download the DAC, and you use your private key to prove it is you who donated/was holding PTS. Before the DAC comes out the developer usually posts a list of all the addresses and how much they're getting, so you can verify that the amount you're getting makes sense mathematically.
Thanks... I will have to do this a few times, and I will get it. I was just wondering if there is a site to see this data now.
I'm trying to understand this, so I can better explain to others :)
If I was selecting my, at least 3rd, handle for this forum I would have chosen something more self-describing... like bitFamous_morethanabitBitter... but it is just me, all this is below you... but is it really? Such a big empire such a small man on top of it. :)
I knew you were Famous!!! I was so happy, I had to call myself "Happy"!!! :-* ... meet Mrs Happy!
???
Do you have a point or something?
Or just California style - just change the subject to whatever?
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
They add the addresses of people who donated to AGS/are holding PTS to the genesis block of the new DAC. Then you download the DAC, and you use your private key to prove it is you who donated/was holding PTS. Before the DAC comes out the developer usually posts a list of all the addresses and how much they're getting, so you can verify that the amount you're getting makes sense mathematically.
Thanks... I will have to do this a few times, and I will get it. I was just wondering if there is a site to see this data now.
I'm trying to understand this, so I can better explain to others :)
If I was selecting my, at least 3rd, handle for this forum I would have chosen something more self-describing... like bitFamous_morethanabitBitter... but it is just me, all this is below you... but is it really? Such a big empire such a small man on top of it. :)
I knew you were Famous!!! I was so happy, I had to call myself "Happy"!!! :-* ... meet Mrs Happy!
???
Do you have a point or something?
Or just California style - just change the subject to whatever?
Ditto
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
I found this awesome site: http://www.bitsharesblocks.com/
I was thinking of something like this, with PTS/AGS allocation history added... anyhow, I thought I would post this, incase someone else stumbles here
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
I found this awesome site:http://www.bitsharesblocks.com/
I was thinking of something like this, with PTS/AGS allocation history added... anyhow, I thought I would post this, incase someone else stumbles here
Very nice way of quoting yourself, happybit! I should learn this style myself.
-
If you were interested in upcoming bitshares DACS that honor the PTS/AGS
snapshot social consensus .. than you should buy pts
if i did buy some PTS/AGS how do I get "my share" of future DACS
is there a publicly (transparent) blockchain-explorer type site where these 10% allocations are viewable?
I see the point of new dacs "giving" to PTS/AGS holders, but how do they "give" is there a nice site to browse previous allocations like that?
I found this awesome site:http://www.bitsharesblocks.com/
I was thinking of something like this, with PTS/AGS allocation history added... anyhow, I thought I would post this, incase someone else stumbles here
Very nice way of quoting yourself, happybit! I should learn this style myself.
I just added the answer to my own question... isn't this a good way of doing it?
-
I am new here. So I just read probably 10% of the content in this forum. And this is a lot, believe me!
So, I unsuccessfully tried to find the thread(s) where a discussion took place something similar to - "bitUSD is actually additional money, which will lead to or even already is inflation, bla-bla-bla'
I do not think that is correct - for every 1 bitUSD holder there is a short position holder effectively having - 1 bitUSD. So the premise is wrong. End of story.
So, the question is - what was the arguments of the other side claiming there are actually somehow new $ in circulation?
PS
Ironically enough bitUSD is a zero sum game.
zerosum
-
@zerosum:
- 1bitUSD is backed by BTSX worth 1,5-3 USD .. (collateral for shorts)
- a bitUSD could (in theory) only end up being unbacked in a flash crash / black swan event
plenty of discussion of the latter can be found here: https://bitsharestalk.org/index.php?topic=7032.0
BTW
- +5% for reading 10%!!!!! of the forum .. that's awesome
- welcome to the community!
-
How do I change the default tx fee which is currently in the same asset, so my bitAsset transfer pay the transaction fee in BTSX?
In the GUI preferably, but if not possible, in the console is fine too.
-
There is only one fee in BTSX. It gets converted into the equal bit asset amount automatically.
-
How do I change the default tx fee which is currently in the same asset, so my bitAsset transfer pay the transaction fee in BTSX?
In the GUI preferably, but if not possible, in the console is fine too.
In the GUI you can go to preferences and select your fee though you cannot change how it is calculated.
-
This question is from a friend:
:Why is the core code in libraries? ... libraries are always external.
:101 noob mistake... you call it \src
:i just don't understand, like, not even putting the effort in proper code structure
: they have a market engine? hmmm
: ok, that is interesting
: normally in any source base, you clearly distinguish between your own code and foreign code
: so, libs is where you put all the stuff you use
: src is where you put your own source code
: // prime the pump, to make sure that margin calls (asks) have a bid to check against.
: they have margining in there...
: this is such, such a bad idea
: but how do they plug the exchange engine into their blockchain?!
Please help me respond to him, I'm trying to get him to take a closer look at Bitshares. [i do not code, but will forward your response to him]
-
Ask him to join the the dev hangout tomorrow and talk to Dan himself. Most likely Dan might agree some standards could have been better followed.
Also even if your friend just wants to listen in it would give a much better feel for what the project all about right from the horse's mouth. A $50MM market cap, the fourth highest crypto on the planet, indicates that his opinion of it being "such , such a bad idea" is in the minority.
Come join us on tomorrow's dev chat. Come talk with us. The water's fine :) .
Sent from my SM-G900T using Tapatalk
-
The problem started like this:
BTER is again experiencing problems with BTSX products...
After failing repeatedly my BTSX and bitUSD withdrawals claiming my account is not registered, I finally decide to use my public key. Now it says -'Waiting for balance...' for 20 min already.
Now the transfer is finalized supposedly... But I did not get the funds it seams. I found the transactions and tried
wallet_rescan_blockchain
wallet_recover_transaction <transaction_id_prefix> [recipient_account]
and wallet_regenerate_keys <account_name> <max_key_number> Neither producing results.
The questions are:
blockchain_get_transaction <transaction_id>Provides several ids, neither one of them is the one I gave bter to transfer the funds to.
1. Is this how it is supposed to be? How I check if they did send the funds to me and not somebody else?
2. I f not which of those has to be the one I (or whoever received the funds) is the id of the party receiving the funds. It has:
1."type": "withdraw_op_type",
"data": {
"balance_id": "BTSXA5eyQwJUPd4AmaudVx6u8aUpfKXk5VdYa",2. 2 here:
["type": "deposit_op_type",
"data": {
"amount": 1625678000,
"condition": {
"asset_id": 0,
"delegate_slate_id": 0,
"type": "withdraw_signature_type",
"data": {
"owner": "BTSX3RF97vighDgFR7RGEoS8rpLYtJCE5xRm5",
"memo": {
"one_time_key": "BTSX8ak3SJFQdt7BgHpS3AawzhZe3mREqUHnPPwEYyJh6bLRSPVzhS",3. "provided_deposits": [[
"BTSX9RptBKVDGHkZEn49TeDKS9ENBAQRaNoDT",{
The withdrawal btw should have gone to :
BTSX5e9S3uTdhLsKg7JwPFp79p4VscPAyrPHb4oUzy6kW9FzcirpEf
if this helps...
-
i am almost give up on btsx
first time i got my btsx was on ver 0.3.x, then i keep following the update, on each version i back up my wallet to .json
after long time i dont touch btsx, i start to download latest version ( 0.4.20 ) , then just overwrite it to my old btsx wallet
blockchain is synced, but when i logged there are no account, then i do wallet_backup_restore , but wallet complained that the wallet name already exists, then i do wallet_open , my account is open i can see my transaction history, but still no account, i can''t go to market because wallet say i need to create account
is there a simple way, that i can just keep my private key, and import the key to any client i want ? its just to complicated, and it seems the wallet is never finish
-
i am almost give up on btsx
first time i got my btsx was on ver 0.3.x, then i keep following the update, on each version i back up my wallet to .json
after long time i dont touch btsx, i start to download latest version ( 0.4.20 ) , then just overwrite it to my old btsx wallet
blockchain is synced, but when i logged there are no account, then i do wallet_backup_restore , but wallet complained that the wallet name already exists, then i do wallet_open , my account is open i can see my transaction history, but still no account, i can''t go to market because wallet say i need to create account
is there a simple way, that i can just keep my private key, and import the key to any client i want ? its just to complicated, and it seems the wallet is never finish
1) Close the client
2) On windows .. in the directory "%APPDATA%\BitShares X" there is a folder called "wallets" .. rename it to walletsBackup or something similar and
3) start the client again
4) import from backup (main menu)!
-
i am almost give up on btsx
first time i got my btsx was on ver 0.3.x, then i keep following the update, on each version i back up my wallet to .json
after long time i dont touch btsx, i start to download latest version ( 0.4.20 ) , then just overwrite it to my old btsx wallet
blockchain is synced, but when i logged there are no account, then i do wallet_backup_restore , but wallet complained that the wallet name already exists, then i do wallet_open , my account is open i can see my transaction history, but still no account, i can''t go to market because wallet say i need to create account
is there a simple way, that i can just keep my private key, and import the key to any client i want ? its just to complicated, and it seems the wallet is never finish
1) Close the client
2) On windows .. in the directory "%APPDATA%\BitShares X" there is a folder called "wallets" .. rename it to walletsBackup or something similar and
3) start the client again
4) import from backup (main menu)!
i am on osx, do you know where the path is ?
-
~/Library/Application Support/BitShares X/
-
i am almost give up on btsx
first time i got my btsx was on ver 0.3.x, then i keep following the update, on each version i back up my wallet to .json
after long time i dont touch btsx, i start to download latest version ( 0.4.20 ) , then just overwrite it to my old btsx wallet
blockchain is synced, but when i logged there are no account, then i do wallet_backup_restore , but wallet complained that the wallet name already exists, then i do wallet_open , my account is open i can see my transaction history, but still no account, i can''t go to market because wallet say i need to create account
is there a simple way, that i can just keep my private key, and import the key to any client i want ? its just to complicated, and it seems the wallet is never finish
1) Close the client
2) On windows .. in the directory "%APPDATA%\BitShares X" there is a folder called "wallets" .. rename it to walletsBackup or something similar and
3) start the client again
4) import from backup (main menu)!
i am on osx, do you know where the path is ?
nevermind, i got it
-
The problem started like this:
BTER is again experiencing problems with BTSX products...
After failing repeatedly my BTSX and bitUSD withdrawals claiming my account is
not registered, I finally decide to use my public key. Now it says
-'Waiting for balance...' for 20 min already.
That is an issue we cannot help with .. because we just don't know what bter is
doing when you add a public key to that field .. which btw you are not supposed
to do as stated in RED letters next to the field!
Now the transfer is finalized supposedly... But I did not get the funds it seams. I found the transactions and tried
wallet_rescan_blockchain
wallet_recover_transaction <transaction_id_prefix> [recipient_account]
and wallet_regenerate_keys <account_name> <max_key_number> Neither producing results.
The questions are:
blockchain_get_transaction <transaction_id>Provides several ids, neither one of them is the one I gave bter to transfer the funds to.
1. Is this how it is supposed to be? How I check if they did send the funds to me and not somebody else?
2. I f not which of those has to be the one I (or whoever received the funds) is the id of the party receiving the funds. It has:
1."type": "withdraw_op_type",
"data": {
"balance_id": "BTSXA5eyQwJUPd4AmaudVx6u8aUpfKXk5VdYa",2. 2 here:
["type": "deposit_op_type",
"data": {
"amount": 1625678000,
"condition": {
"asset_id": 0,
"delegate_slate_id": 0,
"type": "withdraw_signature_type",
"data": {
"owner": "BTSX3RF97vighDgFR7RGEoS8rpLYtJCE5xRm5",
"memo": {
"one_time_key": "BTSX8ak3SJFQdt7BgHpS3AawzhZe3mREqUHnPPwEYyJh6bLRSPVzhS",3. "provided_deposits": [[
"BTSX9RptBKVDGHkZEn49TeDKS9ENBAQRaNoDT",{
The withdrawal btw should have gone to :
BTSX5e9S3uTdhLsKg7JwPFp79p4VscPAyrPHb4oUzy6kW9FzcirpEf
if this helps...
Due to the security and privacy features in BTSX (called TITAN) .. the
address/key you see in the transaction is linked to your (supposedly) account
name in a way that prohibits linking to your account if you are not holding the
private key. It' basically "stealth addresses" in bitcoin. Read more about this
in the wiki.bitshares.org
From where I stand, there is no way to say, if this transaction should end up
on your account or in someone elses account. However vikram (a core developer)
just recently added a new feature to the wallet that can tell you for sure if
the transaction went to your account or not .. but it's not released yet
(actually he pushed the code yesterday :) )
https://github.com/BitShares/bitshares_toolkit/issues/832#event-176959796
I'd recommend you contact BTER support and ask them what they did when you use
a pubkey instead of an account name
-
The problem started like this:
BTER is again experiencing problems with BTSX products...
After failing repeatedly my BTSX and bitUSD withdrawals claiming my account is
not registered, I finally decide to use my public key. Now it says
-'Waiting for balance...' for 20 min already.
That is an issue we cannot help with .. because we just don't know what bter is
doing when you add a public key to that field .. which btw you are not supposed
to do as stated in RED letters next to the field!
Now the transfer is finalized supposedly... But I did not get the funds it seams. I found the transactions and tried
wallet_rescan_blockchain
wallet_recover_transaction <transaction_id_prefix> [recipient_account]
and wallet_regenerate_keys <account_name> <max_key_number> Neither producing results.
The questions are:
blockchain_get_transaction <transaction_id>Provides several ids, neither one of them is the one I gave bter to transfer the funds to.
1. Is this how it is supposed to be? How I check if they did send the funds to me and not somebody else?
2. I f not which of those has to be the one I (or whoever received the funds) is the id of the party receiving the funds. It has:
1."type": "withdraw_op_type",
"data": {
"balance_id": "BTSXA5eyQwJUPd4AmaudVx6u8aUpfKXk5VdYa",2. 2 here:
["type": "deposit_op_type",
"data": {
"amount": 1625678000,
"condition": {
"asset_id": 0,
"delegate_slate_id": 0,
"type": "withdraw_signature_type",
"data": {
"owner": "BTSX3RF97vighDgFR7RGEoS8rpLYtJCE5xRm5",
"memo": {
"one_time_key": "BTSX8ak3SJFQdt7BgHpS3AawzhZe3mREqUHnPPwEYyJh6bLRSPVzhS",3. "provided_deposits": [[
"BTSX9RptBKVDGHkZEn49TeDKS9ENBAQRaNoDT",{
The withdrawal btw should have gone to :
BTSX5e9S3uTdhLsKg7JwPFp79p4VscPAyrPHb4oUzy6kW9FzcirpEf
if this helps...
Due to the security and privacy features in BTSX (called TITAN) .. the
address/key you see in the transaction is linked to your (supposedly) account
name in a way that prohibits linking to your account if you are not holding the
private key. It' basically "stealth addresses" in bitcoin. Read more about this
in the wiki.bitshares.org
From where I stand, there is no way to say, if this transaction should end up
on your account or in someone elses account. However vikram (a core developer)
just recently added a new feature to the wallet that can tell you for sure if
the transaction went to your account or not .. but it's not released yet
(actually he pushed the code yesterday :) )
https://github.com/BitShares/bitshares_toolkit/issues/832#event-176959796
I'd recommend you contact BTER support and ask them what they did when you use
a pubkey instead of an account name
thanks...
and btw there are no red letters next to the box. Now, it simply says "Must be registered account on the blockchain or unregistered account KEY. "
-
Continuation on the prvious post....
It seem they (bter.com) also do not know what the client actually do (how it selects where/what key to, to send the funds to).
Let's start with something easier then -Which of the 4 keys listed below is actually receiving the transfer?
>> blockchain_get_transaction c854f6568de5786ea291baceb8ce6a2368ccd70d
{
"trx": {
"expiration": "20141017T070034",
"delegate_slate_id": null,
"operations": [{
"type": "withdraw_op_type",
"data": {
"balance_id": "BTSXA5eyQwJUPd4AmaudVx6u8aUpfKXk5VdYa",
"amount": 1625728000,
"claim_input_data": ""
}
},{
"type": "deposit_op_type",
"data": {
"amount": 1625678000,
"condition": {
"asset_id": 0,
"delegate_slate_id": 0,
"type": "withdraw_signature_type",
"data": {
"owner": "BTSX3RF97vighDgFR7RGEoS8rpLYtJCE5xRm5",
"memo": {
"one_time_key": "BTSX8ak3SJFQdt7BgHpS3AawzhZe3mREqUHnPPwEYyJh6bLRSPVzhS",
"encrypted_memo_data": "e27f4f323d76452fbfc76bb57356174af0098787d6fb97901365aaa0ce53737f3a421b0f4bd823b8b3ecc17975f8467bc4891f2f5fe3ebc9cb531ab84ea38a62"
}
}
}
}
}
],
"signatures": [
"1fccdfb8055003b68136f7c051ccba34df4a1b62b1f914053623c8e79e5954b98acb2194c585c51be348b2d298734f4a5ded1b68be9478e1df35fd579832eda91a"
]
},
"signed_keys": [],
"validation_error": null,
"required_deposits": [],
"provided_deposits": [[
"BTSX9RptBKVDGHkZEn49TeDKS9ENBAQRaNoDT",{
"amount": 1625678000,
"asset_id": 0
}
]
],
"deposits": [[
0,{
"amount": 1625678000,
"asset_id": 0
}
]
],
"withdraws": [[
0,{
"amount": 1625728000,
"asset_id": 0
}
]
],
"yield": [],
"deltas": [[
0,{
"amount": -1625728000,
"asset_id": 0
}
],[
1,{
"amount": 1625678000,
"asset_id": 0
}
]
],
"required_fees": {
"amount": 0,
"asset_id": 0
},
"alt_fees_paid": {
"amount": 0,
"asset_id": 0
},
"balance": [[
0,
50000
]
],
"net_delegate_votes": [],
"chain_location": {
"block_num": 764180,
"trx_num": 0
}
}
-
"withdraw_signature_type":
"owner": "BTSX3RF97vighDgFR7RGEoS8rpLYtJCE5xRm5",
You could try the advices over in the wiki:
http://wiki.bitshares.org/index.php/RecoveringFunds
-
thanks...
and btw there are no red letters next to the box. Now, it simply says "Must be registered account on the blockchain or unregistered account KEY. "
(http://i.imgur.com/9JrjayC.png)
Yes, I believe the "red message" is on btc38.com
-
Ask him to join the the dev hangout tomorrow and talk to Dan himself. Most likely Dan might agree some standards could have been better followed.
Also even if your friend just wants to listen in it would give a much better feel for what the project all about right from the horse's mouth. A $50MM market cap, the fourth highest crypto on the planet, indicates that his opinion of it being "such , such a bad idea" is in the minority.
Come join us on tomorrow's dev chat. Come talk with us. The water's fine :) .
Sent from my SM-G900T using Tapatalk
Great! Thanks... I will... when exactly?
Where? the chat here, or is this a video chat?
-
This is continuation of my questions started here https://bitsharestalk.org/index.php?topic=8390.msg131776#msg131776, which is several post before this one.
Ok This has a chance to be on the lead, as far as stupid questions go. Brace yourselves!
1.After figuring out, by their own admission, that even BTER.com does not know to what public key the funds are actually send, when the customer inputs a public key instead of registered account.
2. And seeing that the public key listed in the GUI is not the one I have given bter - I just gave them the one on the top of the list returned by the console.
I want to try:
wallet_account_update_active_key <account_to_update> <pay_from_account> [new_active_key]
Using as a new_active_key the private key of the public key I gave bter.
Am I going to screw everything big time or am I gona find my missing funds?
Thanks in advance!
-
This is continuation of my questions started here https://bitsharestalk.org/index.php?topic=8390.msg131776#msg131776, which is several post before this one.
Ok This has a chance to be on the lead, as far as stupid questions go. Brace yourselves!
1.After figuring out, by their own admission, that even BTER.com does not know to what public key the funds are actually send, when the customer inputs a public key instead of registered account.
2. And seeing that the public key listed in the GUI is not the one I have given bter - I just gave them the one on the top of the list returned by the console.
which command did you issue to get the key "on the top of the list returned by the console"?!
I want to try:
wallet_account_update_active_key <account_to_update> <pay_from_account> [new_active_key]
Using as a new_active_key the private key of the public key I gave bter.
Am I going to screw everything big time or am I gona find my missing funds?
That command will definitly not help you! It's doing something competely different.
-
This is continuation of my questions started here https://bitsharestalk.org/index.php?topic=8390.msg131776#msg131776, which is several post before this one.
Ok This has a chance to be on the lead, as far as stupid questions go. Brace yourselves!
1.After figuring out, by their own admission, that even BTER.com does not know to what public key the funds are actually send, when the customer inputs a public key instead of registered account.
2. And seeing that the public key listed in the GUI is not the one I have given bter - I just gave them the one on the top of the list returned by the console.
which command did you issue to get the key "on the top of the list returned by the console"?!
wallet_account_list_public_keys <account_name>
-
wallet_account_list_public_keys <account_name>
wow .. that explains a lot ...
you 'real public key' is listed in "wallet_list_my_accounts"
but I think we can fix this:
1) take the pubkey you told BTER to send it it (NOT the one in the transaction) ..
2) console --> wallet_account_list_public_keys THEPUBKEY
3) you should get a private key as result ... starting with 5... !!! DO NOT SHARE!!!
4) console: importprivkey PRIVKEY mytempaccountnamefrombter true true -- do it exactly like this .. replace your privkey
5) see your funds popup in your new account "mytempaccountnamefrombter" (local account)
6) move the funds to your 'real' account or what ever!
Good luck
edit: step 4 initiates a rescan .. and might take some minutes before complete .. you can check the progress with "getinfo"
-
wallet_account_list_public_keys <account_name>
wow .. that explains a lot ...
you 'real public key' is listed in "wallet_list_my_accounts"
but I think we can fix this:
1) take the pubkey you told BTER to send it it (NOT the one in the transaction) ..
2) console --> wallet_account_list_public_keys THEPUBKEY
Are you sure *_list_public_keys should return private key?
Anyway I get:
>> wallet_account_list_public_keys "BTSX5e9S3uTdhLsKg7JwPFp79p4VscPAyrPHb4oUzy6kW9FzcirpEf"
20006 unknown_account: unknown account
Unknown account name!
{}
bitshares wallet.cpp:6739 bts::wallet::wallet::get_public_keys_in_account
{}
bitshares common_api_client.cpp:1475 bts::rpc_stubs::common_api_client::wallet_account_list_public_keys
{"command":"wallet_account_list_public_keys"}
bitshares cli.cpp:556 bts::cli::detail::cli_impl::execute_command
-
woops .. typo
shoule be
wallet_dump_private_key BTSX5e9S3uTdhLsKg7JwPFp79p4VscPAyrPHb4oUzy6kW9FzcirpEf
-
woops .. typo
shoule be
wallet_dump_private_key BTSX5e9S3uTdhLsKg7JwPFp79p4VscPAyrPHb4oUzy6kW9FzcirpEf
I tried that...
Step 4) returned:
"My_main_account" /// and the only registered account in that wallet.
rescan found nothing..
>> wallet_recover_accounts 1 2000
0
Trying wallet_regenerate_keys <account_name> <max_key_number>
-
ahh .. ok
try this:
1) console: "close"
2) console: "wallet_create new" ... type some new password
3) console: importprivkey PRIVKEY mytempaccountnamefrombter true true
check if a new account pops up (really should now)
issue is, once the pubkey to the key is known to the wallet and belongs to an other address .. the wallet won't let you create a new account. However.. you need to create a new account with THAT PARTICULAT key as master account key ...
-
ahh .. ok
try this:
1) console: "close"
2) console: "wallet_create new" ... type some new password
3) console: importprivkey PRIVKEY mytempaccountnamefrombter true true
check if a new account pops up (really should now)
issue is, once the pubkey to the key is known to the wallet and belongs to an other address .. the wallet won't let you create a new account. However.. you need to create a new account with THAT PARTICULAT key as master account key ...
I have another wallet with old accounts... isn't it better to create it there?
-
nope .. use an empty one! .. you can move you funds out once it's working ...
-
nope .. use an empty one! .. you can move you funds out once it's working ...
Thanks. Worked!!!!!!!!!!!!! :)
Tip sent!
-
good to here ..
have fun with your BTSX!
and thx for the tip
-
I sent 22,600 btsx from onceuponatime to marginal
onceuponatime marginal
- 22,600.00 BTSX
0.1 BTSX October 19, 2014 at 2:50:45 PM PDT
Transaction #5c49161b
Block #787039 , Transaction #1 , Next #2
TimeStamp: October 19, 2014 at 2:51:00 PM PDT
The 22,600 has left onceuponatime's account but has not been received at marginal's account.
Wallets are synced.
Where are the funds?
-
I sent 22,600 btsx from onceuponatime to marginal
onceuponatime marginal
- 22,600.00 BTSX
0.1 BTSX October 19, 2014 at 2:50:45 PM PDT
Transaction #5c49161b
Block #787039 , Transaction #1 , Next #2
TimeStamp: October 19, 2014 at 2:51:00 PM PDT
The 22,600 has left onceuponatime's account but has not been received at marginal's account.
Wallets are synced.
Where are the funds?
The funds just arrived - a couple of hours after sending.
Wallets were synced at all times. What the heck happened?
-
How can we ignore someone? I can't find the ignore "button-link"
-
How can we ignore someone? I can't find the ignore "button-link"
https://bitsharestalk.org/index.php?action=profile;area=lists;sa=ignore;u=10565
-
Thank you vlight!
-
Stupid question:
Which would yield more BTS, selling my PTS for BTSX now, or selling my BTSX for PTS before 11/5? Don't care about the maturity period.
-
Stupid question:
Which would yield more BTS, selling my PTS for BTSX now, or selling my BTSX for PTS before 11/5? Don't care about the maturity period.
1 PTS yield about 99.34742931 BTSX...so choose your poison.
Generally speaking if you do not care about maturity date, in the next 2 weeks you must find much better ratio ( as in selling you BTSX for more than that).
-
Stupid Question :o
How can I send fund only with public key to unregistered account?
-
How can I send fund only with public key to unregistered account?
In the GUI you can add a contact .. by choosing a 'local' name and giving it a pubkey ..
maybe choose something like localguy12222 ..
if you try to select a username that is already registered on the blockchain the wallet should give an error .. AFAIK
-
I have not yet claimed any of my BitsharesX shares or DNS or VOTE.
I have been holding PTS and AGS in wallet since Feb 2014.
Am I still all good for the upcoming snapshot.
Will I later need to claim my DNS/VOTE shares to claim my new Bitshares X shares?
-
Vesting period for bitassets....
Will bitGld, bitBTC tied to current btsx accounts be locked in with any vesting period too, in the transfer to bts?
-
I have not yet claimed any of my BitsharesX shares or DNS or VOTE.
I have been holding PTS and AGS in wallet since Feb 2014.
Am I still all good for the upcoming snapshot.
Will I later need to claim my DNS/VOTE shares to claim my new Bitshares X shares?
Yea I have some DNS and BTSX in bter, do I need to move them to my wallet? Or can I keep them on there if I want to claim BTS?
-
I have a stupid question for the traders around here... Is this now a good time to short bitusd with the coming snapshot or do we expect BTSX to further go down and why?
-
I have a stupid question for the traders around here... Is this now a good time to short bitusd with the coming snapshot or do we expect BTSX to further go down and why?
First, Let me answer your question honestly - 'nobody the fuck knows'... yeeeh some of them have their theories... predominantly wrong theories, btw. Some of them even have charts and stuff ... LOL LOL
Second, If somebody indeed knows...he will make the profit herself instead of sharing with me and you...
Third, my own advice is - if you have general understanding/believe where BTS is headed, you can bet that the same will be true before as well as after the snapshot.
0.02BTSX
-
I have not yet claimed any of my BitsharesX shares or DNS or VOTE.
I have been holding PTS and AGS in wallet since Feb 2014.
Am I still all good for the upcoming snapshot.
Will I later need to claim my DNS/VOTE shares to claim my new Bitshares X shares?
Yea I have some DNS and BTSX in bter, do I need to move them to my wallet? Or can I keep them on there if I want to claim BTS?
OK found the answer to my DNS question (I got screwed over). But I'm still confused about the remaining BTSX I have. Is there going to be a BTSX snapshot? Or did it already happen and I got screwed on that too?
Also should I just sell my DNS on BTER since it is worthless?
-
OK found the answer to my DNS question (I got screwed over). But I'm still confused about the remaining BTSX I have. Is there going to be a BTSX snapshot? Or did it already happen and I got screwed on that too?
Also should I just sell my DNS on BTER since it is worthless?
In my understanding, you'll receive BTS for the DNS that's in your wallet on nov-5. IOW: you should withdraw your DNS from the exchanges (or sell them) before nov-5. It may be the case that bter honours that final snapshot and distributes BTS for the DNS in your account, but I haven't seen an official statement confirming this.
What you have already missed is the "fix" offered by bm/i3. All you can hope is that bter honours that fix a posteriori.
-
Transfer both your DNS and BTSX back to your wallets before the 5th November.
Sell your DNS on BTER and buy BTSX if you want liquidity and transfer them to your BTSX wallet
DNS are not completely worthless. If you keep them on your wallet on the 5th you will get some BTS but will not be active for some time.
At least this is how I understand things..
-
Thank you guys. It's not even 2 weeks away and it seems a lot of people are confused. They need to make a post like this clarifying it for everyone.
https://bitsharestalk.org/index.php?topic=9482.msg123369#msg123369 (https://bitsharestalk.org/index.php?topic=9482.msg123369#msg123369)
Edit: I think the DNS snapshot already happened...
All those who bought at Bter are out of luck? All those who claimed after the announcement and sold are also at a loss?
The gainers are those who claimed earlier and sold immediately after the announcement. They got a good price and some free DNS.
Or have I misunderstood it all completely?
I don't think there are any losers except those with funds on the exchange and US. Those with funds on an exchange were "traders"... those who bought in the days prior and withdrew to hold are OK... those who bought or sold after the announcement are also OK.
What about all those who bought in immediately after the announcement; all those who had the higher than current price buy orders?
Anyone buying after the announcement was doing so in a market with the information available. Cannot make all trades profitable.
You are assuming they were all sitting there with their face glued here waiting for any announcement. There were buy orders which were just set there.
Anyone on an exchange is SOL...
-
No:
I will be releasing v0.0.5 soon.
The network will stop at the last block of November 5th by UTC. I've asked BTER and BTC38 to prepare a snapshot at that time as well.
I will also create a snapshot for the moved stake from before BM's announcement for the "special make DNS holders whole" sharedrop. I'll also make a snapshot of the entire stake at that time in case we ever re-start the effort and need a "DNS believers" snapshot.
-
Ah I guess you are right!
https://bitsharestalk.org/index.php?topic=10446.0 (https://bitsharestalk.org/index.php?topic=10446.0)
-
Stupid question:
Which would yield more BTS, selling my PTS for BTSX now, or selling my BTSX for PTS before 11/5? Don't care about the maturity period.
If you don't care about the vesting period PTS is currently selling at an 8% discount and DNS a 2.3% discount.
What this means is that if you sold your BTSX for PTS you'd end up with 8% (minus fees) more BTS post 11/5. This changes all the time though as there are a few moving pieces to get between BTSX and PTS.
I have a spreadsheet with API calls out to the exchanges to get live pricing. This allows me to just hit refresh and get the current numbers and discounts vs snapshot. If anyone things this would be useful I'll see if I can make a shareable copy (i.e. one that doesn't have my balances on it :) ).
Update: PTS now at a 22% discount!
-
Of course it would be useful..
-
That is really stupid question.
I reinstalled my system. I thought that password from BitsharesX is the only thing that i need to restore wallet. Like in NXT.
Is that right that i've lost my funds and account if i didnt export my wallet before?
-
That is really stupid question.
I reinstalled my system. I thought that password from BitsharesX is the only thing that i need to restore wallet. Like in NXT.
Is that right that i've lost my funds and account if i didnt export my wallet before?
This is a GREAT QUESTION! I would like to know this as well! -- thanks in advance :)
-
That is really stupid question.
I reinstalled my system. I thought that password from BitsharesX is the only thing that i need to restore wallet. Like in NXT.
Is that right that i've lost my funds and account if i didnt export my wallet before?
Depending how much funds we are talking about... some services might be able to scrape the data from your hard drive...
-
Get undelete software. It's free a lot of the time and you'll be amazed what it will get back.
Sent from my SM-G900T using Tapatalk
-
That is really stupid question.
I reinstalled my system. I thought that password from BitsharesX is the only thing that i need to restore wallet. Like in NXT.
Is that right that i've lost my funds and account if i didnt export my wallet before?
You need the private key to restore your wallet.
-
I have a spreadsheet with API calls out to the exchanges to get live pricing. This allows me to just hit refresh and get the current numbers and discounts vs snapshot. If anyone things this would be useful I'll see if I can make a shareable copy (i.e. one that doesn't have my balances on it :) ).
That would be wildly useful! I would love a copy of that.
-
Get undelete software. It's free a lot of the time and you'll be amazed what it will get back.
Sent from my SM-G900T using Tapatalk
Google returned this for the 17 best free file recovery programs http://pcsupport.about.com/od/filerecovery/tp/free-file-recovery-programs.htm
... and I was only 95% sure before but it is confirmed... do not use that computer before trying the recovery program.
-
That is really stupid question.
I reinstalled my system. I thought that password from BitsharesX is the only thing that i need to restore wallet. Like in NXT.
Is that right that i've lost my funds and account if i didnt export my wallet before?
You need the private key to restore your wallet.
How it looks like? And there i can find it if i will be happy enough and restore partition?
-
Of course it would be useful..
Here ya go - Live SnapShot Calculator based on current exchange rate prices (bter)
https://docs.google.com/spreadsheets/d/1M65Gt1mFstAgTkECJfUX18f187tGzqJeXT7877qLv-M/edit?usp=sharing (https://docs.google.com/spreadsheets/d/1M65Gt1mFstAgTkECJfUX18f187tGzqJeXT7877qLv-M/edit?usp=sharing)
-
Get undelete software. It's free a lot of the time and you'll be amazed what it will get back.
Sent from my SM-G900T using Tapatalk
Google returned this for the 17 best free file recovery programs
... and I was only 95% sure before but it is confirmed... do not use that computer before trying the recovery program.
I have OS X. There was not so much there: 32k BTSX and 1 BitUSD ;-). But anyway it worth to recover - i like names i registered. Only raw recovery works (without names and directory structure).. So if you guys give me hint how can i guess proper file - that will help.
-
Look for a file with a .json extension. This is the standard wallet backup extension and the recent versions of the wallet made backups automatically. It would be in the BitSharesX/wallets/.backup directory (at least it is on Windows)
default-20141011T122643-version_upgrade.json is an example of a backup name. This file contains all your keys for accounts at the time it was made.
-
Look for a file with a .json extension. This is the standard wallet backup extension and the recent versions of the wallet made backups automatically. It would be in the BitSharesX/wallets/.backup directory (at least it is on Windows)
default-20141011T122643-version_upgrade.json is an example of a backup name. This file contains all your keys for accounts at the time it was made.
Thanks! Do somebody know path in OS X?
-
Look for a file with a .json extension. This is the standard wallet backup extension and the recent versions of the wallet made backups automatically. It would be in the BitSharesX/wallets/.backup directory (at least it is on Windows)
default-20141011T122643-version_upgrade.json is an example of a backup name. This file contains all your keys for accounts at the time it was made.
Thanks! Do somebody know path in OS X?
~/Library/Application Support/BitShares X/
-
Look for a file with a .json extension. This is the standard wallet backup extension and the recent versions of the wallet made backups automatically. It would be in the BitSharesX/wallets/.backup directory (at least it is on Windows)
default-20141011T122643-version_upgrade.json is an example of a backup name. This file contains all your keys for accounts at the time it was made.
Thanks! Do somebody know path in OS X?
~/Library/Application Support/BitShares X/
That is it... Good by my first BTSX.. iSkySoft, EaseUS and Disk Drill powerless...
-
Look for a file with a .json extension. This is the standard wallet backup extension and the recent versions of the wallet made backups automatically. It would be in the BitSharesX/wallets/.backup directory (at least it is on Windows)
default-20141011T122643-version_upgrade.json is an example of a backup name. This file contains all your keys for accounts at the time it was made.
Thanks! Do somebody know path in OS X?
~/Library/Application Support/BitShares X/
That is it... Good by my first BTSX.. iSkySoft, EaseUS and Disk Drill powerless...
you can try to find any TXT / ASCII file and take a look into any of them .. they have JSON format ..
-
I tried through all the night...
Anyway there should be hard reminder inside client about backing up... I am not a newbe in crypto (3+ years) but anyway first time happens.. They catch me... That was the first time i didnt test recovery for client before using it. Big believe in Bitshares... Ok.. can fix looses: account names 21 xhipster and cyberPie: ~32k BTSX or 2.08 BTC... What place in the Hall of Losers?
There is another way... Before erasing partition there was only 20GB from 120 GB free. After erasing 100 GB free... Probability that keys are there is high just in fact that i installed client than my disk was almost full. I can assign bounty of 30% from recovered money for those who can do it remotely...
-
Ugly but may help you:
http://www.cgsecurity.org/wiki/PhotoRec
It's basically crawling each block on the disk and might take AGES ... once finished you will need to go through hunderts of files manually to figure out which one contains your backup
The file start with
[
{
"type": "master_key_record_type",
"data": {
"index": -1,
"encrypted_key": "SECRET",
"checksum": "SECRET"
}
},
The SECRETS are a replacement from me :)
Good luck .. otherwise .. sorry for your loss
-
Ugly but may help you:
...
It's basically crawling each block on the disk and might take AGES ... once finished you will need to go through hunderts of files manually to figure out which one contains your backup
The file start with
...
The SECRETS are a replacement from me :)
Good luck .. otherwise .. sorry for your loss
Anyway i will try... Thanks..
In my case losses manageable and wont impact my attitude nor Bitshares nor crypto in general. But people are very different. I will be happy if my loss will help everybody... So anyway there should be very hard (red) reminder in client in case of receiving funds..
What repository X client is based on? - I will fix an issue...
-
Anyway i will try... Thanks..
In my case losses manageable and wont impact my attitude nor Bitshares nor crypto in general. But people are very different. I will be happy if my loss will help everybody... So anyway there should be very hard (red) reminder in client in case of receiving funds..
What repository X client is based on? - I will fix an issue...
I just linked on of the GUI designers to this thread
-
Anyway i will try... Thanks..
In my case losses manageable and wont impact my attitude nor Bitshares nor crypto in general. But people are very different. I will be happy if my loss will help everybody... So anyway there should be very hard (red) reminder in client in case of receiving funds..
What repository X client is based on? - I will fix an issue...
I just linked on of the GUI designers to this thread
Thanks. And thanks for utility... I cannot find a way to look only for json files.. There is no json format in File Opt. But json mentioned as supported.
There is explanation How to Add your own extension to PhotoRec in wiki.. But frankly i do not understand yet how.. Do you have experience?
-
Thanks. And thanks for utility... I cannot find a way to look only for json files.. There is no json format in File Opt. But json mentioned as supported.
There is explanation How to Add your own extension to PhotoRec in wiki.. But franly i do not understand yet.. Do you have experience?
you will have to search for "ASCII" files .. that's why you will probably end up with a whole lot of them in the end .. :(
// edit: photorec searched every block on the hard drive and tries to figure out if it knows the file format .. *.doc files look different from *.pdf files on the hard drive .. but you can identify them ... ASCII files are plain text .. and used ALOT everywhere on your computer ...
once you have all text files on the computer you may try to search for "master_key_record_type" in all of them .. maybe use some tool to search in all files
-
I should know this by now, but do shorts compete on collateral offered or interest payed ?
-
I should know this by now, but do shorts compete on collateral offered or interest payed ?
Interest.
Sent from my SCH-S720C using Tapatalk 2
-
I should know this by now, but do shorts compete on collateral offered or interest payed ?
Interest.
Sent from my SCH-S720C using Tapatalk 2
Thanks that makes sense. So the only reason for providing more collateral is to reduce the risk of getting margin called.
-
What is the fix? this is the first I am hearing on this. Is there a thread on this.
All of this new info should go into an email to everyone
OK found the answer to my DNS question (I got screwed over). But I'm still confused about the remaining BTSX I have. Is there going to be a BTSX snapshot? Or did it already happen and I got screwed on that too?
Also should I just sell my DNS on BTER since it is worthless?
In my understanding, you'll receive BTS for the DNS that's in your wallet on nov-5. IOW: you should withdraw your DNS from the exchanges (or sell them) before nov-5. It may be the case that bter honours that final snapshot and distributes BTS for the DNS in your account, but I haven't seen an official statement confirming this.
What you have already missed is the "fix" offered by bm/i3. All you can hope is that bter honours that fix a posteriori.
-
What is the fix? this is the first I am hearing on this. Is there a thread on this.
All of this new info should go into an email to everyone
OK found the answer to my DNS question (I got screwed over). But I'm still confused about the remaining BTSX I have. Is there going to be a BTSX snapshot? Or did it already happen and I got screwed on that too?
Also should I just sell my DNS on BTER since it is worthless?
In my understanding, you'll receive BTS for the DNS that's in your wallet on nov-5. IOW: you should withdraw your DNS from the exchanges (or sell them) before nov-5. It may be the case that bter honours that final snapshot and distributes BTS for the DNS in your account, but I haven't seen an official statement confirming this.
What you have already missed is the "fix" offered by bm/i3. All you can hope is that bter honours that fix a posteriori.
https://bitsharestalk.org/index.php?topic=10381.msg136193#msg136193
AFAIK there will be a "press release" about all this in the coming week!
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Could someone do a ELI5 on shorting and bitUSD creation? I understand the concepts up to a point but I'm less clear on the timing that actions to.
If I short bitUSD, do I hold that like an inverse of bitUSD upto whenever I want to 'sell' it; or does that short necessarily action at some set point in time; or whenever there is a call for a purchase if bitUSD at that price?.. and if it's a price match is there a +/- relative to that?? Is there a point at which the BTSX holding relative to that isn't sufficient that the short would be forced to action?.. What other rules are there for shorting???
Edit: I've just found http://wiki.bitshares.org/index.php/Bitshares-x-Short
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So I've been trying to reconcile my delegate's actual versus forecast revenue. Can someone point out why there is this delta?
- In the client is says, "Maximum Delegate Pay Per Block: 0.99208 BTSX
- With 10 second blocks that's 263,520 blocks a month.
That puts a maximum theoretical revenue for a 100% delegate at about 261k BTSX/month. A 5% delegate should have a max theoretical revenue of 13k BTSX/m
Currently my 5% delegate is earning about 36 BTSX/m ($1.80/month at current prices).
So either my math is wrong, my delegate is lazy, or the display in the client is wrong. Could it also be people manually setting their fee to 0.1 from 0.5? I don't care about the income so much as the large disconnect between forecast and actual.
Update: Some of it is going to an over enthusiastic feed script which I've just modified. I'll let that go for a few days and see if things get into line.
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So now for a really stupid question I'm almost afraid to ask:
Currently there is about 14k BTSX trading below the bitUSD/BTSX peg. The Peg is at 0.019 but it's selling for 0.0209, about 10% discount in bitUSD.
So it looks like there is cheap bitUSD to be had. So say I buy $1000 worth. Selling it at the peg (when it comes back into line) will only be profitable if BTSX doesn't rise in value? At current prices $1k costs about 50k BTSX. Selling at the peg nets 55k BTSX. A profit of 10% as expected. But if BTSX goes up in price a $1k worth of BTSX will be fewer BTSX. While it's true I will still have $1k work I may receive fewer than 50k BTSX and thus have a loss.
So is buying below the peg and selling at the peg only profitable with a stable BTSX price? Does the 10% discount on bitUSD put selling pressure on BTSX which makes it resistant to a rise? Are factors external to the BitSharesX client going to affect price more than the discounted bitUSD?
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Currently my 5% delegate is earning about 36 BTSX/m ($1.80/month at current prices).
Some of it is going to an over enthusiastic feed script which I've just modified.
LOL 36 BTSX per month, before paying to publish feeds!
You have found the ultimate get rich quickly scheme running this delegate of yours. :)
I do hope this server is a dual use device, working extra hard on signing blocks and heating the space (yes, it is near freezing where I live and it is snowing today, so heat is good!)
The only good thing I see working for you is that you have found a good price to sell your BTSX - at 5 cent a piece ($1.80/36) with a current exchange price of 1.7 cent.
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Why do we need Price Feeds to trade Asset with Asset?
eg. BitGLD<->BitUSD
(http://i.imgur.com/AucUoux.png)
I reported that bug already somewhere in github .. devs should be aware by now!
Thanks for reporting it though!
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Currently my 5% delegate is earning about 36 BTSX/m ($1.80/month at current prices).
Some of it is going to an over enthusiastic feed script which I've just modified.
LOL 36 BTSX per month, before paying to publish feeds!
You have found the ultimate get rich quickly scheme running this delegate of yours. :)
I do hope this server is a dual use device, working extra hard on signing blocks and heating the space (yes, it is near freezing where I live and it is snowing today, so heat is good!)
The only good thing I see working for you is that you have found a good price to sell your BTSX - at 5 cent a piece ($1.80/36) with a current exchange price of 1.7 cent.
That was after feed was paid for. I've tuned it a bit to reduce costs. The sever costs me $10/month and is single use. With the new delegate pay I'll recoup some of that and also be able to set up more chain servers at various vendors.
Sent from my SM-G900T using Tapatalk
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Currently my 5% delegate is earning about 36 BTSX/m ($1.80/month at current prices).
Some of it is going to an over enthusiastic feed script which I've just modified.
LOL 36 BTSX per month, before paying to publish feeds!
You have found the ultimate get rich quickly scheme running this delegate of yours. :)
I do hope this server is a dual use device, working extra hard on signing blocks and heating the space (yes, it is near freezing where I live and it is snowing today, so heat is good!)
The only good thing I see working for you is that you have found a good price to sell your BTSX - at 5 cent a piece ($1.80/36) with a current exchange price of 1.7 cent.
That was after feed was paid for. I've tuned it a bit to reduce costs. The sever costs me $10/month and is single use. With the new delegate pay I'll recoup some of that and also be able to set up more chain servers at various vendors.
Sent from my SM-G900T using Tapatalk
You should definitely set the fee to 0.1, with all those feed updates it adds up quickly.
That delegate pay estimate that you see is only for the current round I think, if someone registers an asset for example it jumps up by at least 1 BTSX. Its currently at it's lowest point for a while.
Forgot one thing: there was talk of letting delegates publish feeds for free, that might still be coming soon, should help with the net salaries
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Yes I thought it was but I guess it rest after an upgrade.
Sent from my SM-G900T using Tapatalk
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I am certain this has been asked before, but since I am having trouble knowing what exactly to ask to bring it up....i'm going to post here. My wallet sometimes syncs up with the network and at other times it sits there for days without doing so. Usually when it does, it takes a seemingly random amount of time to do so...ranging anywhere from 15 minutes to 5 hours. Lately it has not synced up with the network at all.
I am thinking I might need to add some nodes? Is this correct?
If yes, can someone copy/paste an answer?
If no, what else am I missing?
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I am certain this has been asked before, but since I am having trouble knowing what exactly to ask to bring it up....i'm going to post here. My wallet sometimes syncs up with the network and at other times it sits there for days without doing so. Usually when it does, it takes a seemingly random amount of time to do so...ranging anywhere from 15 minutes to 5 hours. Lately it has not synced up with the network at all.
I am thinking I might need to add some nodes? Is this correct?
If yes, can someone copy/paste an answer?
If no, what else am I missing?
Which of the 7 questions you asked, do you want answered first? (Appropriately stupid question for me to ask :), but I believe I am in the right thread to do so ). You
Explicitly asked:
I am thinking I might need to add some nodes? - not really a question, but I did not put the question mark out there.
Is this correct?
If yes, can someone copy/paste an answer?
If no, what else am I missing?
Implicitly asked:
What is the problem?
Can somebody help me with it?
How to resolve those issues?
[PS I can give you my humble mumble opinion on all 7, if you care to ask]
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I am certain this has been asked before, but since I am having trouble knowing what exactly to ask to bring it up....i'm going to post here. My wallet sometimes syncs up with the network and at other times it sits there for days without doing so. Usually when it does, it takes a seemingly random amount of time to do so...ranging anywhere from 15 minutes to 5 hours. Lately it has not synced up with the network at all.
I am thinking I might need to add some nodes? Is this correct?
If yes, can someone copy/paste an answer?
If no, what else am I missing?
I noticed some other uses in the forums complaining about the exact same thing
It seems to me that the network code has some dead lock somewhere such that it will not connect to the seed nodes ..
not sure though ..
over here, once I am connected to the network all is fine and stays that way .. (but I am on Linux)
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with the merger and all applications within one blockchain, will the confirmation times and transactions be as fast as they are now?
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with the merger and all applications within one blockchain, will the confirmation times and transactions be as fast as they are now?
yep .. the block confirmation time is fixed to 10 seconds .. no matter the transaction types ..
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yep .. the block confirmation time is fixed to 10 seconds .. no matter the transaction types ..
and that means practical an average of 5 seconds!!! ;)
Sent from my ALCATEL ONE TOUCH 997D
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I am certain this has been asked before, but since I am having trouble knowing what exactly to ask to bring it up....i'm going to post here. My wallet sometimes syncs up with the network and at other times it sits there for days without doing so. Usually when it does, it takes a seemingly random amount of time to do so...ranging anywhere from 15 minutes to 5 hours. Lately it has not synced up with the network at all.
I am thinking I might need to add some nodes? Is this correct?
If yes, can someone copy/paste an answer?
If no, what else am I missing?
I noticed some other uses in the forums complaining about the exact same thing
It seems to me that the network code has some dead lock somewhere such that it will not connect to the seed nodes ..
not sure though ..
over here, once I am connected to the network all is fine and stays that way .. (but I am on Linux)
So I take it there is no fixing this at the moment? :/
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Are you on version 4.23.1? I had this issue until updating to that version.
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Are you on version 4.23.1? I had this issue until updating to that version.
done...
and...
fixed....for now.
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This question has also been posted in the Snapshot Notice thread:
https://bitsharestalk.org/index.php?topic=10290.msg145254#msg145254
I am guessing the answer will apply to more than one of us here.
I sent several PTS transactions to new addresses about midday yesterday (local wallet to local wallet).
Most have gone through but a few remain unconfirmed.
Which address will the snapshot adhere to (regarding the unconfirmed transactions)- the sender address or the recipient address?
Thanks.
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unconfirmed transactions are not taken into account during the snapshot .. so the corresponding amounts would be book for the OLD (payee) address ..
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I am trying to understand how the voting mechanism works in the Bitshares client.
I have these questions:
1. In the GUI in the "Delegates" section there are two tabs: "All Delegates" and "My Votes" and my question refers to the second tab: How do I manage the list in "My Votes" tab? How do I add and remove delegates in this list?
2. In the GUI in every account I have the "Vote" tab and there seems to be a table below which is empty. How do I populate this table?
3. In the console, when I run wallet_account_vote_summary I get "No votes found". How do I add votes to this one? I have a couple of delegates which I have approved (by using wallet_account_set_approval) but why don't they show up in wallet_account_vote_summary? Also, wallet_check_vote_proportion returns only zeros - how do I change that?
Maybe there is a Wiki on this subject? I could not find one.
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I'm trying to wrap my head around the effect of merchant adoption on bitusd.
With Bitcoin, this puts selling pressure on the Bitcoin price. Btc being converted to fiat by auto selling.
But how would this work with Bitusd or any other asset?
Let's say the merchant wants to convert their assets to fiat.
Would this result in selling pressure on the bitassets and thus buying pressure on BTS(x)?
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I'm trying to wrap my head around the effect of merchant adoption on bitusd.
With Bitcoin, this puts selling pressure on the Bitcoin price. Btc being converted to fiat by auto selling.
But how would this work with Bitusd or any other asset?
Let's say the merchant wants to convert their assets to fiat.
Would this result in selling pressure on the bitassets and thus buying pressure on BTS(x)?
I think you can't really compare BTC and BitUSD in that regard. There's two important differences:
1. BitUSD is less volatile, so there is less pressure to get rid of them immediately to avoid a loss.
2. The BTC used for buying things are (at least in part) not bought on the market, they stem from mining or from long-term holders. So there is no equivalent buying pressure to counter the selling pressure. BitUSD OTOH must be bought (or shorted) before it can be spent. So there is always a near-equilibrium for buying and selling BitUSD.
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What's the difference now between
https://github.com/dacsunlimited/bitsharesx/releases/
and
https://github.com/BitShares/bitshares/releases
I've got so used to using dacsunlimited and I can't recall why. Is it that dacsunlimited still is the only one working for Linux?
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What's the difference now between
https://github.com/dacsunlimited/bitsharesx/releases/
and
https://github.com/BitShares/bitshares/releases
I've got so used to using dacsunlimited and I can't recall why. Is it that dacsunlimited still is the only one working for Linux?
No you should only be using https://github.com/BitShares/bitshares/releases now.
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No you should only be using https://github.com/BitShares/bitshares/releases now.
Thanks - update needed then for the build instructions in the wiki http://wiki.bitshares.org/index.php/BuildInstructionsBitSharesX#Downloading_the_Sources
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Thanks - update needed then for the build instructions in the wiki http://wiki.bitshares.org/index.php/BuildInstructionsBitSharesX#Downloading_the_Sources
done
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I pressed that green 'cover' button and it does not work. Nothing happens. Why?
Using BitShares 0.4.24 win32 64-bit wallet.
EDIT: nvm it works with the latest GUI update ;)
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Can't cover and get this message:
"Account has no balance in asset to cover!"
wth, why does it try to reduce my current BitAsset balance !?
P.S. this is just a super small test order
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No reply, not even PM ? :o
I've covered a short order and it stole -0.000095 GOLD from my current BitGold balance(in addition to 15.81082 BTS received). Unless i'm missing something this is pretty serious. Why on earth i have to pay additional BitGold just to cover a position that i have already paid for in the past using BTSX. !? The same thing with other BitAssets.
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No reply, not even PM ? :o
I've covered a short order and it stole -0.000095 GOLD from my current BitGold balance(in addition to 15.81082 BTS received). Unless i'm missing something this is pretty serious. Why on earth i have to pay additional BitGold just to cover a position that i have already paid for in the past using BTSX. !? The same thing with other BitAssets.
Trx fee on cover op.
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No reply, not even PM ? :o
I've covered a short order and it stole -0.000095 GOLD from my current BitGold balance(in addition to 15.81082 BTS received). Unless i'm missing something this is pretty serious. Why on earth i have to pay additional BitGold just to cover a position that i have already paid for in the past using BTSX. !? The same thing with other BitAssets.
Trx fee on cover op.
I've covered and got:
cover proceeds 161.52662 BTS
payoff debt -1.1944 USD
Still just a trx fee ? And where is "sell collateral" ?
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You cannot sell collateral.
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You cannot sell collateral.
only the system can do it on a forced margin call due to:
a)not enough collateral (less than 25% remaining),
b) 30 days cover expiration ...
right?
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Thanks, BM.
My problem is that i didn't know that i now have to own a BitAsset if i want to cover manually. So if i use all the BTS in the account, i wouldn't be able to cover, because there will not be enough funds to buy BitAsset required.
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Simple question: am I able to claim my vested shares, in the latest client?
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Ok really stupid question. I installed the BTSX client back in July and imported by PTS and BTC wallets which gave me my share in BTSX. Now with the merger and the client and vesting etc. do I need to do anything? Should I get additional shares? I really have no idea what is going anymore.
I installed the latest BTS client and my original balance from BTSX is still there so that is good. I reimported my BTC and PTS wallets thinking there were additional shares going to be added that would then vest over the next 2 years but nothing changed. Is there some process I need to do or is everything pretty much supposed to stay the same?
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Ok really stupid question. I installed the BTSX client back in July and imported by PTS and BTC wallets which gave me my share in BTSX. Now with the merger and the client and vesting etc. do I need to do anything? Should I get additional shares? I really have no idea what is going anymore.
I installed the latest BTS client and my original balance from BTSX is still there so that is good. I reimported my BTC and PTS wallets thinking there were additional shares going to be added that would then vest over the next 2 years but nothing changed. Is there some process I need to do or is everything pretty much supposed to stay the same?
I'm in the same boat, so same question for me.
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Nothing to do. You may want to move your balances from the Genesis block though in case your private keys from your other wallets gets compromised.
Sent from my SM-G900T using Tapatalk
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Nothing to do. You may want to move your balances from the Genesis block though in case your private keys from your other wallets gets compromised.
Sent from my SM-G900T using Tapatalk
I don't see the incremental 2yr vesting BTS so far. Is that coming in a later wallet update?
Also, to move my balances from the Genesis block, do I just need to create a new account in the wallet & transfer them to that new account? Or should I create a whole new wallet? Thanks for the advice.
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Nothing to do. You may want to move your balances from the Genesis block though in case your private keys from your other wallets gets compromised.
Sent from my SM-G900T using Tapatalk
I don't see the incremental 2yr vesting BTS so far. Is that coming in a later wallet update?
Also, to move my balances from the Genesis block, do I just need to create a new account in the wallet & transfer them to that new account? Or should I create a whole new wallet? Thanks for the advice.
I'm not sure how the vesting will be implemented so I won't speak to that.
Since TITAN uses new addresses every transaction you can just send your balance to yourself. Updating your vote does this.
Sent from my SM-G900T using Tapatalk
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Lets say I short BitBTC. There are zero sellers right now, so could the person who buys the BitBTC from my short then immediately put it up for sale at a super high price, requiring > 75% of my collateral to cover? Whats the thing Im missing that prevents this attack?
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Lets say I short BitBTC. There are zero sellers right now, so could the person who buys the BitBTC from my short then immediately put it up for sale at a super high price, requiring > 75% of my collateral to cover? Whats the thing Im missing that prevents this attack?
Just do it!
...and me (i.e. the market), if I catch you - by placing a new short order after you fill yours. You can still close you short with your bitBTC, so losses up to 2-3 transaction fees i.e. almost nothing.
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Lets say I short BitBTC. There are zero sellers right now, so could the person who buys the BitBTC from my short then immediately put it up for sale at a super high price, requiring > 75% of my collateral to cover? Whats the thing Im missing that prevents this attack?
who will buy it at that super high price? putting a sell order does not mean you will actually sell it.
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Lets say I short BitBTC. There are zero sellers right now, so could the person who buys the BitBTC from my short then immediately put it up for sale at a super high price, requiring > 75% of my collateral to cover? Whats the thing Im missing that prevents this attack?
who will buy it at that super high price? putting a sell order does not mean you will actually sell it.
Yes he will - after 30 days, when the short is forced to cover.
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Hey guys! After reading a lot in the forums lately i think i caught up with the recent changes.
I now tried to import my PTS wallet into the BTS client to claim my BTS for the Vote snapshot on the 8/21.
I tried to import via import wallet but i am not able to import the PTS wallet.dat as it does not show. How can i import and claim my stake?
Might be a stupid question, but I hope everything will get easier in the future especially for not so tech savvy people like myself.
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Lets say I short BitBTC. There are zero sellers right now, so could the person who buys the BitBTC from my short then immediately put it up for sale at a super high price, requiring > 75% of my collateral to cover? Whats the thing Im missing that prevents this attack?
who will buy it at that super high price? putting a sell order does not mean you will actually sell it.
Yes he will - after 30 days, when the short is forced to cover.
Does the forced cover buy above the feed price?
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Lets say I short BitBTC. There are zero sellers right now, so could the person who buys the BitBTC from my short then immediately put it up for sale at a super high price, requiring > 75% of my collateral to cover? Whats the thing Im missing that prevents this attack?
who will buy it at that super high price? putting a sell order does not mean you will actually sell it.
Yes he will - after 30 days, when the short is forced to cover.
Does the forced cover buy above the feed price?
I *think* the forced cover will buy at whatever the lowest ask is.
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What time interval do you prefer when using SAR (Stop and Reversal)?
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What's the actual relationship between collateral and the asset when shorting? That first one has about 140 dollars worth of BTS in collateral for 20,000 bitUSD, does that make any sense? There's also 8 million USD backed by 5 million BTS??
(http://i57.tinypic.com/scdt1k.png)
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How anonymous am I, meaning: are there conditions under which someone could know how much funds the my bts account has? Does that have to do with how I vote?
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How anonymous am I, meaning: are there conditions under which someone could know how much funds the my bts account has? Does that have to do with how I vote?
If you move your funds all at once, they can be linked together easily ... so they anyone can figure out that SOMEONE has X BTS in it's account ... if you then reveal your identity by sending your funds somewhere from those balances .. that party could figure it out ..
though you can build a script easily that scrambles your balances and leaves no chance of linking them together .. much like blockchain.info mixer .. just without the need for trust :)
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Does the forced cover buy above the feed price?
I *think* the forced cover will buy at whatever the lowest ask is.
I think it means that the order will sit at the (changing) feed price until it is fully executed.
So for that time anybody can short or sell BitUSD at the feed.
Yes
So if the order sits at the feed price, it means that you cannot sell for super high price.
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Hey everyone, new BTS user here.
I have one stupid question regarding the transaction fees. So right now, it's 0.5BTS every transaction right? That's really cheap.
But what if someday the price of BTS = $10. Will the transaction fee remain the same at 0.5BTS per transaction? Or it will dynamically change according to BTS price?
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But what if someday the price of BTS = $10. Will the transaction fee remain the same at 0.5BTS per transaction? Or it will dynamically change according to BTS price?
fee's can be adjusted without a hardfork .. it basically depends on the delegates .. if they are ok with 0.0001 BTS per tx .. than that is the minimum fee .. it's NOT static!
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When I vote I transfer all my stake to myself. Isnt that publicly visible on the blockchain incl. how much I transferred to myself so that when someone knows the exact time at which I voted he also knows how much stake I have?
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I think I read a fair amount of the popular post on this forum, yet I always feel like I'm out of the loop ... and I'm trying to keep a lot of people I know in the loop (and failing). :-\
So here's my next stoopid question, when does the "merger" allocation take place?
Or in other words, when do we receive the BTS from the Nov 5 snapshot?
Also, do we have to re-import wallets/keys from PTS/BTC clients?
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Not sure if this has been brought up already.
At the moment 101 delegates are enough.
But if we use the company metaphor, and BTS grows. Wouldn't we need more than 101 employees?
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Not sure if this has been brought up already.
At the moment 101 delegates are enough.
But if we use the company metaphor, and BTS grows. Wouldn't we need more than 101 employees?
Think of it instead as 101 divisions heads....where each delegate position has a budget for an entire division.
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Not sure if this has been brought up already.
At the moment 101 delegates are enough.
But if we use the company metaphor, and BTS grows. Wouldn't we need more than 101 employees?
Think of it instead as 101 divisions heads....where each delegate position has a budget for an entire division.
FFS this is the wrong answer. We will eventually have dynamic delegates.
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I think what BM is trying to say is that "we won't *need* more any time soon because they can act as division heads"
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When I vote I transfer all my stake to myself. Isnt that publicly visible on the blockchain incl. how much I transferred to myself so that when someone knows the exact time at which I voted he also knows how much stake I have?
Correct.
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Not sure if this has been brought up already.
At the moment 101 delegates are enough.
But if we use the company metaphor, and BTS grows. Wouldn't we need more than 101 employees?
Think of it instead as 101 divisions heads....where each delegate position has a budget for an entire division.
FFS this is the wrong answer. We will eventually have dynamic delegates.
I don't think it is the wrong answer but for different reasons. The number of delegates should be large enough to ensure a sufficient amount of decentralization to avoid corruption and control by outside forces (even if it is just temporary until the stakeholders hard fork). I think 101 delegates is sufficient for that and there is no need for it to be larger even as BitShares grows (grows in users, grows in market cap, grows in number of employees working for it).
The reason some people want an unbounded number of delegates is because we have been selling this idea that the block producers (delegates) are also optionally the employees of the DAC. Thus naturally people think we will need more employees to grow big and thus that means we need more delegates. But this is the wrong way of thinking about it in my opinion because the delegates should be decoupled from the employees (the workers).
Bytemaster's solution to this is that this should all be done informally through a social consensus where delegates receive the money and pay the workers what the stakeholders think they are worth. My view on this is that this process should be formal and enforced by the DAC itself through delegate proposals ratified by shareholder vote. We both apparently agree that the solution is NOT to increase the number of delegates because that just hurts the economic efficiency of the network.
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When I vote I transfer all my stake to myself. Isnt that publicly visible on the blockchain incl. how much I transferred to myself so that when someone knows the exact time at which I voted he also knows how much stake I have?
Correct.
Thanks. That was really a stupid question :)
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Do delegates pay a fee to to publish a price feed? and if so is it on fee per Asset (5 x fee per update for five assets) or can multiple asset feed updates be lumped into one transaction?(one fee per update for five assets) Thanks
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Do delegates pay a fee to to publish a price feed? and if so is it on fee per Asset (5 x fee per update for five assets) or can multiple asset feed updates be lumped into one transaction?(one fee per update for five assets) Thanks
They pay the normal transaction fee but multiple assets can be updated in a single batch transaction.
Sent from my SM-G900T using Tapatalk
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Do delegates pay a fee to to publish a price feed? and if so is it on fee per Asset (5 x fee per update for five assets) or can multiple asset feed updates be lumped into one transaction?(one fee per update for five assets) Thanks
You can take a look at the rpc call in
https://github.com/xeroc/pytshares/blob/master/bts_feed.py#L246
Two scripts are currently listed here
http://wiki.bitshares.org/index.php/Delegate/Feeds
at least emski's script is not listed there yet .. should be though
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Thanks for both answers! They were very helpful.
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Edit : I give up. I'll figure something out.
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I'm seeing seeing expired margin calls on BitBTC and BitGold.
I thought they weren't called, because there are no shorts.
But just now I tried to go short in Bitgold, to see if it would get instantly "hit".
But nothing happend, I left it there for 10 blocks before canceling.
The question is, when will these expired shorts be closed?
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There is 0% fee for expired short cover and 5% fee for forced short cover. Is there a 5% fee for manual short cover? Can also anyone tell why such a large 5% fee is used ?
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Is there a 5% fee for manual short cover?
No.
Can also anyone tell why such a large 5% fee is used ?
No idea ..
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My bad probably, but I understood it to mean that 'get what you asked for' market rules destroy some of the user issued asset and this is effectively a 'dividend' for the issuer. Trying to convert such destroyed UIA to the BTS equivalent is a hard to do and am not sure necessary. And we are already collecting the bitAssets( or BTS) when they are the one destroyed by such price overlaps.
I wasn't talking about converting the UIA into BTS automatically. Every time a trade occurs between asset A and asset B on the BitShares exchage, the blockchain can choose to collect the overlap either as asset A or asset B or some combination of both. In the BitAsset/BTS exchanges, it is currently collected 100% as the BitAsset to give those profits to BitAsset holders as yield.
I have not figured out how is the bold part possible. And my requests for some help explaining those mechanics to me have not been answered. So I continue to assume that only one or the other is destroyed(collected) in each particular transaction.
Anybody willing to explain to me how this choice works? (if it indeed does)
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Suppose (for simplicity) there is an ask offer on the market 10 bitUSD @ 0.5 BTS/bitUSD and a bid for 5 bitUSD @ 1 BTS/bitUSD.
The market can choose:
1. take the 10 bitUSD from the ask, use 5 bitUSD to fill the bid, take the 5*1 BTS from the bid and pay the ask 10*0.5 BTS, keep the remaining 5 bitUSD for yield.
2. take 5 bitUSD from the ask, use these to fill the bid, take 5*1 BTS from the bid, pay the ask 5*0.5 BTS and destroy the remaining 2.5 BTS as dividends.
3. Anything in between.
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I am a complete newbie to crypto-currency. But something called me to Bitshares.
Now, I have the client and I understand the idea. But I have no clue how to fund my account.
I am Canadian. So how do I fund my wallet?
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I am a complete newbie to crypto-currency. But something called me to Bitshares.
Now, I have the client and I understand the idea. But I have no clue how to fund my account.
I am Canadian. So how do I fund my wallet?
hey there. wiki.bitshares.org is a great place to start. its a lot to take in, i know.
basically it goes set up wallet on secure machine. get some bitshares from the faucet or from somebody here, use it to register a name. buy some. store it. trade with it.
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Where can I find translation file of Bitshares wallet?
Thanks in advance ;)
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Where can I find translation file of Bitshares wallet?
Thanks in advance ;)
https://github.com/BitShares/web_wallet/blob/master/app/static/locale-en.json
It works the same way as the translation file you did for me: copy the english file then replace all the words on the right and resave the file as "locale-ko.json". Make sure to use UTF encoding.
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Where can I find translation file of Bitshares wallet?
Thanks in advance ;)
https://github.com/BitShares/web_wallet/blob/master/app/static/locale-en.json
It works the same way as the translation file you did for me: copy the english file then replace all the words on the right and resave the file as "locale-ko.json". Make sure to use UTF encoding.
Thanks!
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I am a complete newbie to crypto-currency. But something called me to Bitshares.
Now, I have the client and I understand the idea. But I have no clue how to fund my account.
I am Canadian. So how do I fund my wallet?
where did you first hear of BTS?
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Just to be sure I understand it, DPOS solves the 'nothing at stake' problem because any delegate who signs blocks on two different forks is automatically fired on the "main fork" according to the concensus. Is that correct?
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Just to be sure I understand it, DPOS solves the 'nothing at stake' problem because any delegate who signs blocks on two different forks is automatically fired on the "main fork" according to the concensus. Is that correct?
That solves the short term NAS problem. Although there is no automatic firing atm it could be implemented. ATM delegates are fired by unvoting them...
For the long term NAS it comes down to: Checkpoints can prevent this entirely and if you trust the software anyway you and also trust a checkpoint even more so if we can let checkpoints sign by the majority of delegates.
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In the GUI I have done the "wallet check sharedrop". I see some balances. How can I calculate the amount of BTS that I will receive? With what number do I divide the appearing numbers? Is the result the remaining BTS balances yet to be received from VOTE,DNS,PLAY,MUSIC,PTS,AGS?
Thanks!
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is there a site with info on the number of transactions per second, total in transaction fees, estimated volume in transactions, etc? Or some of this info just isn't possible because of the TITAN feature? I cant see this on bitsharesblocks
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is there a site with info on the number of transactions per second, total in transaction fees, estimated volume in transactions, etc? Or some of this info just isn't possible because of the TITAN feature? I cant see this on bitsharesblocks
It's on http://bitsharesblocks.com Just go to the "charts" tab and click "general" and for the fees click "supply and fees"
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On the short screen there is a field for 'interest and I can't work out what its all about - does the person shorting pay interest to the bitasset holder? If so when is it paid? Is it paid in bts or added to your bitasset debt?
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On the short screen there is a field for 'interest and I can't work out what its all about - does the person shorting pay interest to the bitasset holder? If so when is it paid? Is it paid in bts or added to your bitasset debt?
Shorters compete to be first in line to have their shorted asset bought by the amount of interest they are offering (highest offered interest rate get purchased first). The interest goes in to a pool and is distributed to all holders of that asset when they make a transaction. Until they "move" their asset, the amount of "interest" they are earning shows up in the "Expected Yield" column of their account.
At least that's how I understand it.
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On the short screen there is a field for 'interest and I can't work out what its all about - does the person shorting pay interest to the bitasset holder? If so when is it paid? Is it paid in bts or added to your bitasset debt?
Shorters compete to be first in line to have their shorted asset bought by the amount of interest they are offering (highest offered interest rate get purchased first). The interest goes in to a pool and is distributed to all holders of that asset when they make a transaction. Until they "move" their asset, the amount of "interest" they are earning shows up in the "Expected Yield" column of their account.
At least that's how I understand it.
Thanks, when does the interest go into a pool (daily, weekly, monthly?) and is it payable in BTS or the Asset?
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Why we don't have web wallets? Because of TITAN?
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Why we don't have web wallets? Because of TITAN?
yep .. and because all the library has to be rebuild in JS .. but the devs are working on it:
https://github.com/bitshares/bitshares-js
It's a matter of time .. I'd say a few months at most .. until a fancy looking web-wallet ..
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I have these three questions:
1. What is the purpose of the "Add Contact" functionality?
I know this is a way to send money to an unregistered account but is there any other situation that I might want to use it for?
2. The "Toggle Approval" button has three options: positive, negative and neutral. What is the purpose of the negative option? When I perform my vote using the "Update Vote" functionality, only positive votes show up as a result and negative ones seem to be ignored. If that's the case - what is the purpose of the negative approval option?
3. I understand that the "Toggle Approval" is for voting for delegates, both active and stand-by. But in the GUI the toggle button is also used in the context of non-delegate accounts. What is the reason for this? Why might I want to approve of someone who is not a delegate?
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1. What is the purpose of the "Add Contact" functionality?
I know this is a way to send money to an unregistered account but is there any
other situation that I might want to use it for?
Not that I can think of ..
2. The "Toggle Approval" button has three options: positive, negative and
neutral. What is the purpose of the negative option? When I perform my vote
using the "Update Vote" functionality, only positive votes show up as a result
and negative ones seem to be ignored. If that's the case - what is the purpose
of the negative approval option?
Read more here: http://wiki.bitshares.org/index.php/DPOS/ApprovalVoting
3. I understand that the "Toggle Approval" is for voting for delegates, both
active and stand-by. But in the GUI the toggle button is also used in the
context of non-delegate accounts. What is the reason for this? Why might I want
to approve of someone who is not a delegate?
non-delegates can publish slates too.
Read more here: http://wiki.bitshares.org/index.php/DPOS/ApprovalVoting
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I have a few questions about the following:
>> help wallet_generate_brain_seed
Usage:
wallet_generate_brain_seed Generates a human friendly brain wallet key starting with a public salt as the last word
Generates a human friendly brain wallet key starting with a public salt as the last word
1. Is it a typo to say that the salt is starting with the last word? If not, what does it mean?
2. What is a public salt?
3. Do I need the public salt to retrieve funds with this brain wallet?
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I think that call is only relevant for claiming Ags/pts stake from 3rd party blockchains not compromising ags keys .. the public salt would then be a known string specifically for each 3rd party blockchain ... (/wild guess)
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I have 2 accounts within 1 wallet, and the "Keys" tab is not visible on 1. Clicking on the Keys tab brings up the Price Feeds (blank entry). Anything I can do to get this tab back?
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I have 2 accounts within 1 wallet, and the "Keys" tab is not visible on 1. Clicking on the Keys tab brings up the Price Feeds (blank entry). Anything I can do to get this tab back?
What version are you running? Are either of the accounts registered on the blockchain?
Sent from my SCH-S720C using Tapatalk 2
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In v0.5.1, what is the "Wall" and why should I use it?
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Now that 0.5.0 is out, how do I import my wallets from the Bitshares DNS and Bitshares Vote apps to claim my sharedrop amounts?
I know the command to get the sharedrop once the keys are in the Bitshares progam. I am just having trouble figuring out how to get my Mac OS client to connect with those other wallets in the first place. I exported both wallets as .json files. Is that the first step? Thanks.
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Now that 0.5.0 is out, how do I import my wallets from the Bitshares DNS and Bitshares Vote apps to claim my sharedrop amounts?
I know the command to get the sharedrop once the keys are in the Bitshares progam. I am just having trouble figuring out how to get my Mac OS client to connect with those other wallets in the first place. I exported both wallets as .json files. Is that the first step? Thanks.
Try using wallet_import_keys_from_json on an exported DAC wallet:
>> h wallet_import_keys_from_json
Usage:
wallet_import_keys_from_json <json_filename> <imported_wallet_passphrase> <account> Imports anything that looks like a private key from the given JSON file.
Imports anything that looks like a private key from the given JSON file.
Parameters:
json_filename (filename, required): the full path and filename of JSON wallet to import
imported_wallet_passphrase (passphrase, required): passphrase for encrypted keys
account (account_name, required): Account into which to import keys.
Returns:
void
aliases: import_keys_from_json
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In v0.5.1, what is the "Wall" and why should I use it?
The wall is somethink like a facebook wall .. you can post messages onto other account names .. in contrast to facebook you have a like AND a dislike weighted by the amount of BTS your BURN!! for the wall operation
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I'm a little confused as to calculate how much profit/loss I would have by covering a short position. Can I just take the "BitUSD Owed" number, and subtract it from how much BitUSD I could buy with the amount of collateral I put into the short, then subtract a little more for yield?
I feel there should be a visual indicator on estimated profit/loss on a short order.
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I'm a little confused as to calculate how much profit/loss I would have by covering a short position. Can I just take the "BitUSD Owed" number, and subtract it from how much BitUSD I could buy with the amount of collateral I put into the short, then subtract a little more for yield?
I feel there should be a visual indicator on estimated profit/loss on a short order.
+5%
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In v0.5.1, what is the "Wall" and why should I use it?
The wall is somethink like a facebook wall .. you can post messages onto other account names .. in contrast to facebook you have a like AND a dislike weighted by the amount of BTS your BURN!! for the wall operation
Ok thanks. Now, why would I want to do this ... outside of sending a message to someone else (I assume that's its purpose)?
The client appears to insinuate that there is some benefit to me by performing this action, what is that benefit?
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What are the steps to claim the vested funds?
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Apparently cover orders work different from what I expected. My assumption was that cover orders will match any existing BID with a price greater than 90% of the feed price if
a) the order has expired, or
b) the feed price falls below the cover's limit.
But that's not what happened to CNY this morning. Several minutes after 09:00 GMT, "blockchain_market_list_covers CNY" returned (among others) this one:
{
"type": "cover_order",
"market_index": {
"order_price": {
"ratio": "0.005138307650792427",
"quote_asset_id": 14,
"base_asset_id": 0
},
"owner": "BTSPjk23hDW6vSjhUcn5Q3ariUoz5mGs6iqa"
},
"state": {
"balance": 432219090,
"limit_price": null,
"last_update": "1970-01-01T00:00:00"
},
"collateral": 153654206553,
"interest_rate": {
"ratio": "0.0002",
"quote_asset_id": 14,
"base_asset_id": 0
},
"expiration": "2015-01-26T08:55:10"
}
The feed price at that time was around .078 CNY/BTS, and "blockchain_market_order_book CNY BTS" listed more than a dozen BID offers in the price range. It took almost half an hour until the cover was filled completely.
Why?
(NB: the GUI displays the market differently. It swaps base and quote currency and inverts the price and BID/ASK offers.)
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What are the steps to claim the vested funds?
wallet_collect_vested_balances <account_name>
I asked the same question (https://bitsharestalk.org/index.php?topic=13650.msg178242#msg178242) the other day. ;)
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What are the steps to claim the vested funds?
wallet_collect_vested_balances <account_name>
I asked the same question (https://bitsharestalk.org/index.php?topic=13650.msg178242#msg178242) the other day. ;)
thanks, time to short again some bitAssets ;)
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Apparently cover orders work different from what I expected. My assumption was that cover orders will match any existing BID with a price greater than 90% of the feed price if
a) the order has expired, or
b) the feed price falls below the cover's limit.
But that's not what happened to CNY this morning. Several minutes after 09:00 GMT, "blockchain_market_list_covers CNY" returned (among others) this one:
The feed price at that time was around .078 CNY/BTS, and "blockchain_market_order_book CNY BTS" listed more than a dozen BID offers in the price range. It took almost half an hour until the cover was filled completely.
Why?
Found it: https://github.com/BitShares/bitshares/issues/1315
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What happens when I am in a short position in a very thin market and am forced into a cover at the end of 30 days. Generally the rules state that I will have to buy the shorts in queue at or below feed. However, what if the market does not have enough shorts for me to purchase and only is able to purchase a portion of my short position. What then happens to the remainder of my cover?
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It will stay open until it has been filled.
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I accidentally registered my BitShares wallet under my fathers gmail account as I was using his Mac. I wasn't aware he was signed into Google Chrome. There is also no warning of which gmail account will be registered. I assumed I would have to enter it and the password. I do not want his gmail associated with my BitShares wallet and neither does he. Is there a way to change this and if not, what are the implications? I will have no access to his gmail.
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I accidentally registered my BitShares wallet under my fathers gmail account as I was using his Mac. I wasn't aware he was signed into Google Chrome. There is also no warning of which gmail account will be registered. I assumed I would have to enter it and the password. I do not want his gmail associated with my BitShares wallet and neither does he. Is there a way to change this and if not, what are the implications? I will have no access to his gmail.
There really is no link between your gmail account and the bitshares account .. AFAIK entering a valid mail address is only required as an entropy source for the random passphrase
There is NO association between your bitshares account and your gmail account ..
also note that NO ONE will ever be able to send you your passphrase as it is only stored in your brain .. no where else ..
so please take the backup advises serious
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I accidentally registered my BitShares wallet under my fathers gmail account as I was using his Mac. I wasn't aware he was signed into Google Chrome. There is also no warning of which gmail account will be registered. I assumed I would have to enter it and the password. I do not want his gmail associated with my BitShares wallet and neither does he. Is there a way to change this and if not, what are the implications? I will have no access to his gmail.
There really is no link between your gmail account and the bitshares account .. AFAIK entering a valid mail address is only required as an entropy source for the random passphrase
There is NO association between your bitshares account and your gmail account ..
also note that NO ONE will ever be able to send you your passphrase as it is only stored in your brain .. no where else ..
so please take the backup advises serious
Thank you and will do.
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Guys what is delegate reliability and how do I get my number up? it shows N/A next to my delegate on bitsharesblocks.com but I don't know what that means?
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Reliability is how many blocks your delegate produced in relation to what it should have. As long as it isn't in the top 101 it shouldn't have produced any, so it is impossible to compute how reliable it has been.
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Reliability is how many blocks your delegate produced in relation to what it should have. As long as it isn't in the top 101 it shouldn't have produced any, so it is impossible to compute how reliable it has been.
Thanks, I got it but I somehow thought that the standby delegates which have not produced a block yet also had reliability, was looking at the wrong column.
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What can I get for my AGS. I donated BTC after Feb 28. I'am waiting for almost whole year and I'am little bit desperate. How can I claim DEV share? Do I need to wait for anything here or just accept that bitshares are another fraud in crypto-space. I read that social consensus is changed. Anything from now on start with BTS which I don't have. I'am sure that are many in my position, at lest I know 2 guys who invest in AGS on my recommendation. What can I say to them?
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For your AGS you should have received a vested balance in BTS. Import the private keys of your AGS donation into the BTS client and issue the following console command:
wallet_check_sharedrop
I'm not sure if the vested balance also applies to DVS, but I wouldn't worry about that. DVS are practically worthless.
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Made a market order at BitUSD:BTS and got yield in BitGold. Pretty sure it is not supposed to be this way, or is it?
EDIT: for some reason it says "yield" in the memo, when there is not enough BTS or BitAsset to pay the fee and the wallet pays the fee with other available BitAsset. This fee is also displayed in green color which suggests that i received it, but it is actually the opposite.
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Made a market order at BitUSD:BTS and got yield in BitGold. Pretty sure it is not supposed to be this way, or is it?
EDIT: for some reason it says "yield" in the memo, when there is not enough BTS or BitAsset to pay the fee and the wallet pays the fee with other available BitAsset. This fee is also displayed in green color which suggests that i received it, but it is actually the opposite.
could you give the devs the transaction id so they can reproduce?
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I've found some forgotten BitGold in the wallet, lol.
So, when there was not enough BTS to pay the fee for the order, the system took the yield from BitGold and used it. ???
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So, when there was not enough BTS to pay the fee for the order, the system took the yield from BitGold and used it. ???
My guess would be the other way round .. it used your bitGOLD to pay the fee and gave you the yield for "moving" the bitGOLD :)
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So, when there was not enough BTS to pay the fee for the order, the system took the yield from BitGold and used it. ???
My guess would be the other way round .. it used your bitGOLD to pay the fee and gave you the yield for "moving" the bitGOLD :)
Haha, yes. The yield is actually 10x the fee. :)
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Bitsharestalk.org strangely doesn't work with Xbox 360's Internet explorer, really annoying as I have no computer for now and have to browse on my phone, bitcointalk and others work fine though which Is odd.
Anyway nothing major just thought id mention it somewhere ha
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Bitsharestalk.org strangely doesn't work with Xbox 360's Internet explorer, really annoying as I have no computer for now and have to browse on my phone, bitcointalk and others work fine though which Is odd.
did he say Internet Explorer?! Arg ..
Anyway, for mobile usage I'd like to recommend TapATalk .. it works flawlessly with this forum! Give it a try
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For your AGS you should have received a vested balance in BTS. Import the private keys of your AGS donation into the BTS client and issue the following console command: wallet_check_sharedrop
I did but nothing happens. Console listed my address with these: "original_balance": 912674406 but my balance is the same.
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For your AGS you should have received a vested balance in BTS. Import the private keys of your AGS donation into the BTS client and issue the following console command: wallet_check_sharedrop
I did but nothing happens. Console listed my address with these: "original_balance": 912674406 but my balance is the same.
To collect sharedrop
wallet_collect_vested_balances dritz3r
Replace dritz3r with your BTS username if it's not the same.
Side note: I'm currently having some problems collecting my DVS sharedrop, but this should be fixed in an upcoming update.
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I had previously collected the bts from ags and pts allocation on a previous version by importing my pts and btsx keys. now after i updated to 0.5.3 my balance isn't the same and it doesn't appear I received from the sharedrop like it used to be on the transaction list.
I used the check_sharedrop command and it gives me a list of addresses and their original balances. Then I tried to collect the vested balance but it was only of 2,000 bts when previously i received more from the ags/pts allocation.
Now am I confusing the ags/pts allocation I collected in the past with the vested balance? Are they not the same? Why am I missing bts? I mean I received 2,000 from the vested balance but previously I received around 15 20k from the allocation. Am I missing something? I had near 60k bts and now i only have around 46k. It doesn't make much sense since to collect the vested balance which takes the 2 year period, I already need the priv keys of the address which i used to obtain AGS. I'm really confused
I have backups of my pts address which i used to get ags, the old btsx address (pre-merger) and from the new BitShares (post-merger, where previously I had imported the ags and received the allocation) so I think i don't have much to worry about, however, I'm really confused as to way the ags/vote/dns allocation disappeared.
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hey guys stupid question.. on the 4th my standby delegate stopped showing price feeds on bitsharesblocks.com I checked my client and btsfeed script and they are both going.. my client says my last feed update was on the 4th.. why isnt the feed update happening? Ive restarted my vps etc same thing it was working before.
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What are the steps to claim the vested funds?
wallet_collect_vested_balances <account_name>
I asked the same question (https://bitsharestalk.org/index.php?topic=13650.msg178242#msg178242) the other day. ;)
Do we also need to import our PTS key again if we held during other snapshots such as vote and DNS?
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hey guys stupid question.. on the 4th my standby delegate stopped showing price feeds on bitsharesblocks.com I checked my client and btsfeed script and they are both going.. my client says my last feed update was on the 4th.. why isnt the feed update happening? Ive restarted my vps etc same thing it was working before.
FYI I think it was cause I must have used my balance to pay for wallet feed update fees.. since I was on standby and I was doing about 200 updates per minute it drained my small wallet quickly.. its working now.
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What (if any) benefit would a person have converting BTC -> bitBTC?
I see a new site has popped up offering this service, but I'm ignorant as to why a person would want to make this exchange in the first place.
I'm not trying to offend, I simply lack knowledge and wish to make an exchange for some. My question for your knowledge, straight up 1:1. ;)
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What (if any) benefit would a person have converting BTC -> bitBTC?
I see a new site has popped up offering this service, but I'm ignorant as to why a person would want to make this exchange in the first place.
I'm not trying to offend, I simply lack knowledge and wish to make an exchange for some. My question for your knowledge, straight up 1:1. ;)
Earn a yield while staying exposed to BTC price.
Ability to change exposure to something else in 10 seconds for pennies.
Staying off centralized exchanges and yet being able to make a move in 10 seconds when you need to.
Send funds to others in 10 seconds not 10 minutes (or 1 hour).
All wrapped up in a simple, risk-on/risk-off dial-a-yield Easy Button.
(http://rasterweb.net/raster/wp-content/uploads/2011/02/easybuttonsm.jpg)
:)
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Earn a yield while staying exposed to BTC price.
whoa now, bitBTC pays interest? :o
All this time I thought only bitUSD did. Do all of the bitAssets do this?
Edit : Ok, I went back to the newbie thread and confirmed. Wow, how did I never hear about this?!
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All this time I thought only bitUSD did. Do all of the bitAssets do this?
yes .. all of them do .. but at a different rate
you can find the yield per asset over here: http://bitsharesblocks.com/assets/market
bitSilver pays more than 3% atm
Edit : Ok, I went back to the newbie thread and confirmed. Wow, how did I never hear about this?!
Yhea .. that's why the market cap of BTS is so low .. people still "don't get it"(tm) ..
reminds me of early bitcoin days in 2009 and 2010 :)
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Edit : Ok, I went back to the newbie thread and confirmed. Wow, how did I never hear about this?!
Yhea .. that's why the market cap of BTS is so low .. people still "don't get it"(tm) ..
reminds me of early bitcoin days in 2009 and 2010 :)
I was probably oversaturated with BTS marketing and missed that part ... oh wait.
;D
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Is it safe to clean exceptions and logs folders to free up space while the bitshares_client is running?
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Is it safe to clean exceptions and logs folders to free up space while the bitshares_client is running?
I actually tried that recently .. the client did not crash .. though I got an error when running debug_* commands ..
I'd recommend to close down the client, then delete the exceptions folder and then restart the client
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Is it safe to clean exceptions and logs folders to free up space while the bitshares_client is running?
I actually tried that recently .. the client did not crash .. though I got an error when running debug_* commands ..
I'd recommend to close down the client, then delete the exceptions folder and then restart the client
Will make cleaning these folders part of my delegate upgrade process
Thanks
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Can the QT wallet also accept RPC calls like the command line client can? I find if I switch between the two it was causing a resync, so I would rather stick to the GUI.
Edit: nm I see it lets you connect as "randomuser" with a random password. Thats fine.
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Can the QT wallet also accept RPC calls like the command line client can? I find if I switch between the two it was causing a resync, so I would rather stick to the GUI.
Edit: nm I see it lets you connect as "randomuser" with a random password. Thats fine.
I opend a github issue and asked to have the random user and password exposed in the advanced tab somewhere
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Is there any deadline to import my PTS key?
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Is there any deadline to import my PTS key?
No
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My computer broke months ago and now i have a new one. I downloaded the new wallet and tried to import wallet but it says my password is wrong can I import using my private key somehow?
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My computer broke months ago and now i have a new one. I downloaded the new wallet and tried to import wallet but it says my password is wrong can I import using my private key somehow?
known issue .. maybe you install a older version first .. import the backup .. and then upgrade to a newer version ..
nothing is lost
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Is there a RPC call to determine if the wallet is unlocked? Or shall I try to execute a transaction and then catch the exception, unlock and try again?
Edit: Ar I see its in the getinfo. Awesome.
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Is there a RPC call to determine if the wallet is unlocked? Or shall I try to execute a transaction and then catch the exception, unlock and try again?
Edit: Ar I see its in the getinfo. Awesome.
Its a field in the results of "getinfo"
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Hello
Sorry to be a pain, but this is the stupid question thread!
Ive been away from these forums since about August 2014.
I received an initial allocation of BTS x from AGS donations via PTS and BTC.
From what I can gather AGS has been wound up and BTS X has been diluted in forming BTS ????
So if I have it correct, the AGS wind up should result in me owning more BTS, - is this correct ?
Ive tried to import my BTC private key and typed in "wallet_collect_genesis_balances" but my balances havent changed.
Can someone please point me to the instructions that i need to follow ?
Cheers
steve
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So if I have it correct, the AGS wind up should result in me owning more BTS, - is this correct ?
Yup .. you should received a stake in DNS and VOTE but those two have been merged together with BTSX to form BTS!
Ive tried to import my BTC private key and typed in "wallet_collect_genesis_balances" but my balances havent changed.
wallet_account_vesting_balances <accountname>
will give more information. You need to import your AGS keys into your account
Can someone please point me to the instructions that i need to follow ?
We had this in the wiki .. At least that's what I though .. but can't find it atm :(
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Could some give me a link to where we can get old versions of Bitshares since that is the only way to restore an old wallet? I looked on github but couldn't find it. I need one from fall 2014.
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Could some give me a link to where we can get old versions of Bitshares since that is the only way to restore an old wallet? I looked on github but couldn't find it. I need one from fall 2014.
Here
https://github.com/BitShares/bitshares/releases
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One more stupid question. If there is no block explorer for Bitshares how do I prove that I made a payment to someone?
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One more stupid question. If there is no block explorer for Bitshares how do I prove that I made a payment to someone?
There is block explorer for BitShares:
http://bitsharesblocks.com/
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I think he wants to know how to prove that he made a payment to someone, given that TITAN's stealth addresses arent visible on that explorer. There is a console command to do it, I just dont remember what it is. I bet xeroc knows.
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Why does the area of the client that says "Account Orders History" appear blank for me, when I have successfully made trades?
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Can anyone start mining Bitshares or do need to be a special delegate?
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Can anyone start mining Bitshares or do need to be a special delegate?
Anyone can create a delegate and when they're voted in they can generate blocks.
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Can anyone start mining Bitshares or do need to be a special delegate?
http://www.minebitshares.com/
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One more stupid question. If there is no block explorer for Bitshares how do I prove that I made a payment to someone?
I would be interested on knowing this too. Is it through the verify_history command? If you could check non-TITAN transactions on block explorer it would be awesome.
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So....
Within the Bitshares platform while in the Delegates Tab, is toggling the approval thumb next to the delegate the same thing as casting a vote for the delegate, or am I just saying I "like them" if I do that?
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Toggling the thumb does not vote immediately. It merely marks your approval of the respective delegate.
The actual voting is tied to transactions. I. e. every time you send BTS, these BTS vote for the delegates that you approve of. You can actively vote for a delegate by giving him a "thumbs up" and then transferring all your BTS to yourself.
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Is there still a technical support thread (couldnt find it so posting my question here).
Do we still have the 5% penalty fee for leaving your bitshares untouched for 1 year.
1 year is fast approaching and if this rule still applies I would want to claim all my shares and send them to the same account thereby avoiding the fee.
However, Bitshares has bought out AGS and PTS, where those shares need to vest for 2 years in order to get 100% of the shares.
So I have some PTS that I bought before the bitshares snapshot. I left it in the account, which was then awarded with more bitshares (when bitshares bought PTS).
I want to claim the bitshares from the snapshot so as not to loose the 5%. But I dont want to claim the other bitshares which are still vesting.
Similar thing with AGS where I was awarded AGS for bitshares snapshot. I then bought more AGS which was then bought out.
What to do?
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Is there still a technical support thread (couldnt find it so posting my question here).
Do we still have the 5% penalty fee for leaving your bitshares untouched for 1 year.
1 year is fast approaching and if this rule still applies I would want to claim all my shares and send them to the same account thereby avoiding the fee.
However, Bitshares has bought out AGS and PTS, where those shares need to vest for 2 years in order to get 100% of the shares.
So I have some PTS that I bought before the bitshares snapshot. I left it in the account, which was then awarded with more bitshares (when bitshares bought PTS).
I want to claim the bitshares from the snapshot so as not to loose the 5%. But I dont want to claim the other bitshares which are still vesting.
Similar thing with AGS where I was awarded AGS for bitshares snapshot. I then bought more AGS which was then bought out.
What to do?
There is no 5% penalty
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There is no 5% penalty
*confirmed* :) .. no penalty for long term hodlers :D
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There is no 5% penalty
*confirmed* :) .. no penalty for long term hodlers :D
Awesome! Thanks for the feedback guys.
So I can just chill and hodl then.
And what if I do want to claim my snapshot BTS but not my vested BTS?
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There is no 5% penalty
*confirmed* :) .. no penalty for long term hodlers :D
Awesome! Thanks for the feedback guys.
So I can just chill and hodl then.
And what if I do want to claim my snapshot BTS but not my vested BTS?
I'm not 100% about this but you can import your ags and pts wallets and claim only your snapshot BTS. In order to claim vested bts you need to enter a specific command in the console. Better wait for someone to confirm this so you can be 100% sure.
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Confirming @chryspano again :D
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Ok great.
Are there a set of instructions for this.
Like what to do if you want to claim your vested shares. And what not to do if you want you want to avoid claiming vested shares.
It would just be a bad mistake to make if done wrong.
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Ok great.
Are there a set of instructions for this.
Like what to do if you want to claim your vested shares. And what not to do if you want you want to avoid claiming vested shares.
It would just be a bad mistake to make if done wrong.
https://github.com/xeroc/bitshares/blob/master/docs/claiming-vested-balances.md
I don't think you 'can' make it wrong :)
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Haha thanks!
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I've always been under the assumption that the BitShares wallet only needs to be backed up when a new account is created, but never asked.
So, I'm asking now to be sure.
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I've always been under the assumption that the BitShares wallet only needs to be backed up when a new account is created, but never asked.
So, I'm asking now to be sure.
The "need" for wallet backups is a subjective judgement. Backing up after new accounts are created is an important time to do them, but not necessarily the only consideration. Transaction history is another consideration.
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How do you post photos here?
I tried and only get this (http://)
Using a PC notebook.
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How do you post photos here?
I tried and only get this (http://)
Using a PC notebook.
there is the [ img ] tag ..
it works like this:
[img]https://bitsharestalk.org/BitSharesFinalTM200.png[/img]
(https://bitsharestalk.org/BitSharesFinalTM200.png)
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there is the [ img ] tag ..
it works like this:
[img]https://bitsharestalk.org/BitSharesFinalTM200.png[/img]
(https://bitsharestalk.org/BitSharesFinalTM200.png)
[/quote]
Thanks I got it to work now.
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Is there a thread where legal issues are discussed.
Im sure I saw one previously, just cant find it now.
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I have a question regarding BTS projects that decided to use the technology but keep their own blockchains (e.g. PeerTracks, Play, FMV)
Are those blockchains going to create their own smartcoins/bit-assets (e.g. bitUSD) or are the going to use smartcoins/bit-assets created by the "main" BTS blockchain?
If the latter is true - will there be some kind of cross-chain mechanism that enables sharing smartcoins/bit-assets across separate BTS blockchains?
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Is there a thread where legal issues are discussed.
Im sure I saw one previously, just cant find it now.
I don't think something like this exists as a "stupid LEGAL questions thread". I would recommend starting a new thread.
Also be advised that not all answers you will get will be legal in all countries (please state your country to begin with) and you should always also consider talking to a laywer in person
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I have a question regarding BTS projects that decided to use the technology but keep their own blockchains (e.g. PeerTracks, Play, FMV)
Are those blockchains going to create their own smartcoins/bit-assets (e.g. bitUSD) or are the going to use smartcoins/bit-assets created by the "main" BTS blockchain?
If the latter is true - will there be some kind of cross-chain mechanism that enables sharing smartcoins/bit-assets across separate BTS blockchains?
I think PeerTracks stated that they will only have IOUs for fiat assets .. like bitstamp_USD in ripple ..
Not sure if PLAY will switch over to Graphene tech but in theory they could have their own pegged assets with PLY as collateral ..
From what I recall FMV is part of the Graphene tech and will not have it's own blockchain ..
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I doubt it, but it never hurts to ask ... is there a way in .92 to set a default account?
For instance, when using the autotip (in muh sig) link and more than one account is present in the client, the client will sit and wait until you select an account.
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I doubt it, but it never hurts to ask ... is there a way in .92 to set a default account?
For instance, when using the autotip (in muh sig) link and more than one account is present in the client, the client will sit and wait until you select an account.
unfortunately not ..
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unfortunately not ..
thanks :-\
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1st stupid question - why isn't this thread under Questions & Concerns? ;)
2nd stupid question - can you set the fee in the uri?
3rd stupid question - is there a list of all commands that can be used in the uri?
thank you
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1st stupid question - why isn't this thread under Questions & Concerns? ;)
No idea :P
2nd stupid question - can you set the fee in the uri?
No .. fee is set locally in the wallet preferences ... defaults to 0.5 BTS per tx
3rd stupid question - is there a list of all commands that can be used in the uri?
https://github.com/BitShares/bitshares/wiki/XTS-URLs
XTS is the base asset of the testnet work .. replace it by "BTS" for BitShares and "DVS" for devshares
Note, that for BitShares 2.0 there may not be an URI scheme like this from the beginning.
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a follow up to my default account question, since that can't be done, what about this.
is there a way in the URI scheme to tell the client to use the 1st account or accountn with /from/accountn/ ?
so if the user clicking the link has more than one account, you can force the client to use the first one found.
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a follow up to my default account question, since that can't be done, what about this.
is there a way in the URI scheme to tell the client to use the 1st account or accountn with /from/accountn/ ?
so if the user clicking the link has more than one account, you can force the client to use the first one found.
I am afraid, this is also not possible :(
xts:name/transfer/[amount/amount/][memo/memo text/][from/sender name/][asset/asset name] (registered accounts)
Anyway, this is just some code in the QT client that could be changed easily. But I don't see this happen in BTS0.9 ..
but maybe you can add a feature request in github to get it done right away ..
Nathan (IIRC, @modprobe) is working on the standalone light_weight client:
https://github.com/cryptonomex/graphene/tree/master/programs/light_client
it may even be possible in Firefox and Chrome to redirect the bts:// protocol to the web-wallet eventually ..
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So I'm a bit confused about the blockchain for bitshares. It doesn't seem to be the same as the one for bitcoin. For instance you cannot find details on the transaction history.
Does this mean bitshares is private and no one can tell what you've got or who you're sending it to?
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So I'm a bit confused about the blockchain for bitshares. It doesn't seem to be the same as the one for bitcoin. For instance you cannot find details on the transaction history.
Does this mean bitshares is private and no one can tell what you've got or who you're sending it to?
The blockchain is publicly readable and not private .. however, even though you can register an account name on the blockchain you can a) not know who OWNS that account name and b) you cannot figure out which transaction was related to that account name (the latter will change a little with BTS2.0)
you can see all blocks with transactions here:
http://bitsharesblocks.com/blocks
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a follow up to my default account question, since that can't be done, what about this.
is there a way in the URI scheme to tell the client to use the 1st account or accountn with /from/accountn/ ?
so if the user clicking the link has more than one account, you can force the client to use the first one found.
I am afraid, this is also not possible :(
xts:name/transfer/[amount/amount/][memo/memo text/][from/sender name/][asset/asset name] (registered accounts)
Anyway, this is just some code in the QT client that could be changed easily. But I don't see this happen in BTS0.9 ..
but maybe you can add a feature request in github to get it done right away ..
Nathan (IIRC, @modprobe) is working on the standalone light_weight client:
https://github.com/cryptonomex/graphene/tree/master/programs/light_client
it may even be possible in Firefox and Chrome to redirect the bts:// protocol to the web-wallet eventually ..
ty
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Hello guys i have my 7 stupid questions for you.
1. If i back up my wallet file on a USB stick and then plug it into a different computer that has a fresh wallet with a different registered account on it will my coins move from one account to the other?
2. will this enable my coins to be accessed on two different pcs at the same time?
3. what happens if one pc gets destroyed somehow will the other wallet be safe?
4. if i have more than one account in my bitshares wallet dashboard do i need more than one backup file?
5. can i delete an account from the dashboard if i made one by mistake ?
6. when i add funds to a wallet after its been backed up..do i need a new backup file?
7. do i need to enter my wallet password when i plug the new usb stick in a new computer to input the new wallet..if so where?
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Hello guys i have my 7 stupid questions for you.
Good questions!
> 1. If i back up my wallet file on a USB stick and then plug it into a different computer that has a fresh wallet with a different registered account on it will my coins move from one account to the other?
If you import a backup into a different wallet, nothing is "moved". Your new wallet just imports all the keys.
It doesn't create a transaction on the blockchain, if that's what you're wondering.
> 2. will this enable my coins to be accessed on two different pcs at the same time?
Yes, but it's not recommended to use one account on two different wallets/computers, as it may cause headaches down the line. With the future web wallets this will not be the case.
> 3. what happens if one pc gets destroyed somehow will the other wallet be safe?
If you backed it up, then it's safe.
> 4. if i have more than one account in my bitshares wallet dashboard do i need more than one backup file?
No. Backups represent one wallet, which can include many accounts.
You should try importing a backup to a new wallet and make sure all your funds show up, to make sure you have the process down.
That way when disaster strikes, you know what you're doing!
> 5. can i delete an account from the dashboard if i made one by mistake ?
IIRC, no.
> 6. when i add funds to a wallet after its been backed up..do i need a new backup file?
Theoretically no, since our wallets are deterministic.
> 7. do i need to enter my wallet password when i plug the new usb stick in a new computer to input the new wallet..if so where?
Not sure I understand. But when you try to import a wallet backup is when it asks you for the decryption password.
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Do assets on the order book like a buy/sell order count towards a snapshot if it's done while the assets sit there?
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Do assets on the order book like a buy/sell order count towards a snapshot if it's done while the assets sit there?
For the BTS-2.0 snapshot the answer is a definite yes.
For other snapshots, it's up to the person who uses the snapshot to define the precise conditions of their sharedrop.
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I need a link to the best video instruction on how to use the wallet.
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I need a link to the best video instruction on how to use the wallet.
Video Tutorials of using BitShares wallets - https://bitsharestalk.org/index.php/topic,12853.0.html
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I have Bitshares v.8.0 installed and it connects but the blocks sync never goes down it only goes up. Right now sync is at 132 days ago it briefly connect for a few minutes or seconds at a time but it never syncs. I click update but it says no new updates available. I have windows 10 installed.
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I have Bitshares v.8.0 installed and it connects but the blocks sync never goes down it only goes up. Right now sync is at 132 days ago it briefly connect for a few minutes or seconds at a time but it never syncs. I click update but it says no new updates available. I have windows 10 installed.
There's a more recent update. Install it.
https://bitsharestalk.org/index.php/topic,7067.75.html
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Is there a list of snapshots and dates? Also upcoming snapshots? I've had my BTS sitting in an exchange for a while and havent paid attention to the going ons for the last year.
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I know I should have asked this a million years ago... but what is the difference between (re)scanning the blockchain and regenerating keys?
Please give me an explanation that a non technical idiot can understand like: "Rescanning is checking all your keys against each transaction to see if any transaction is yours; while regenerating keys is generating new keys from the master key (and rescanning with them)"
Thanks.
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I know I should have asked this a million years ago... but what is the difference between (re)scanning the blockchain and regenerating keys?
Please give me an explanation that a non technical idiot can understand like:
"Rescanning is checking all your keys against each transaction to see if any
transaction is yours; while regenerating keys is generating new keys from the
master key (and rescanning with them)"
Thanks.
Acutally, your non-technical description is completely correct!
Thing is, your wallet contains several keys. Besides your account owner and
active key, your wallet also generates new keys for every market operation
(buy/sell/short). These are of course deterministic, and these are the once you
can regenerate if you loose your wallet but still have your account key(s).
Then additionally there are the keys that your wallet can find automatically
when rescanning the blockchain. These keys are from TITAN. If someone sends
funds to you he derives a new pubkey for you which you can derive from the
transaction memo.
Hence, in order to get all your funds you may need to regnerate (market
transaction) keys and rescan the blockchain for TITAN transactions.
Is that clear enough?
-
I know I should have asked this a million years ago... but what is the difference between (re)scanning the blockchain and regenerating keys?
Please give me an explanation that a non technical idiot can understand like:
"Rescanning is checking all your keys against each transaction to see if any
transaction is yours; while regenerating keys is generating new keys from the
master key (and rescanning with them)"
Thanks.
Acutally, your non-technical description is completely correct!
Thing is, your wallet contains several keys. Besides your account owner and
active key, your wallet also generates new keys for every market operation
(buy/sell/short). These are of course deterministic, and these are the once you
can regenerate if you loose your wallet but still have your account key(s).
Then additionally there are the keys that your wallet can find automatically
when rescanning the blockchain. These keys are from TITAN. If someone sends
funds to you he derives a new pubkey for you which you can derive from the
transaction memo.
Hence, in order to get all your funds you may need to regnerate (market
transaction) keys and rescan the blockchain for TITAN transactions.
Is that clear enough?
Much clearer. Thanks a ton!!!
So on the send to new address part - from my public key and I guess random number the sender finds another point on the graph that he knows that if I have the private key for my public key I must have (or can calculate) the private key for that send to public key he uses. Or something similar correct?
-
I know I should have asked this a million years ago... but what is the difference between (re)scanning the blockchain and regenerating keys?
Please give me an explanation that a non technical idiot can understand like:
"Rescanning is checking all your keys against each transaction to see if any
transaction is yours; while regenerating keys is generating new keys from the
master key (and rescanning with them)"
Thanks.
Acutally, your non-technical description is completely correct!
Thing is, your wallet contains several keys. Besides your account owner and
active key, your wallet also generates new keys for every market operation
(buy/sell/short). These are of course deterministic, and these are the once you
can regenerate if you loose your wallet but still have your account key(s).
Then additionally there are the keys that your wallet can find automatically
when rescanning the blockchain. These keys are from TITAN. If someone sends
funds to you he derives a new pubkey for you which you can derive from the
transaction memo.
Hence, in order to get all your funds you may need to regnerate (market
transaction) keys and rescan the blockchain for TITAN transactions.
Is that clear enough?
Much clearer. Thanks a ton!!!
So on the send to new address part - from my public key and I guess random number the sender finds another point on the graph that he knows that if I have the private key for my public key I must have (or can calculate) the private key for that send to public key he uses. Or something similar correct?
Similar. It takes you pubkey adds a random number and uses the result as new pubkey. The random number is put into the memo. So the receiver tries to decode the memo and on success can take the decoded number to derive the new private key
-
I know I should have asked this a million years ago... but what is the difference between (re)scanning the blockchain and regenerating keys?
Please give me an explanation that a non technical idiot can understand like:
"Rescanning is checking all your keys against each transaction to see if any
transaction is yours; while regenerating keys is generating new keys from the
master key (and rescanning with them)"
Thanks.
Acutally, your non-technical description is completely correct!
Thing is, your wallet contains several keys. Besides your account owner and
active key, your wallet also generates new keys for every market operation
(buy/sell/short). These are of course deterministic, and these are the once you
can regenerate if you loose your wallet but still have your account key(s).
Then additionally there are the keys that your wallet can find automatically
when rescanning the blockchain. These keys are from TITAN. If someone sends
funds to you he derives a new pubkey for you which you can derive from the
transaction memo.
Hence, in order to get all your funds you may need to regnerate (market
transaction) keys and rescan the blockchain for TITAN transactions.
Is that clear enough?
Much clearer. Thanks a ton!!!
So on the send to new address part - from my public key and I guess random number the sender finds another point on the graph that he knows that if I have the private key for my public key I must have (or can calculate) the private key for that send to public key he uses. Or something similar correct?
Similar. It takes you pubkey adds a random number and uses the result as new pubkey. The random number is put into the memo. So the receiver tries to decode the memo and on success can take the decoded number to derive the new private key
Thanks. Hope you do not find the tip insultingly small - most funds tied in soft/hard collaterals right now.
-
I know I should have asked this a million years ago... but what is the difference between (re)scanning the blockchain and regenerating keys?
Please give me an explanation that a non technical idiot can understand like:
"Rescanning is checking all your keys against each transaction to see if any
transaction is yours; while regenerating keys is generating new keys from the
master key (and rescanning with them)"
Thanks.
Acutally, your non-technical description is completely correct!
Thing is, your wallet contains several keys. Besides your account owner and
active key, your wallet also generates new keys for every market operation
(buy/sell/short). These are of course deterministic, and these are the once you
can regenerate if you loose your wallet but still have your account key(s).
Then additionally there are the keys that your wallet can find automatically
when rescanning the blockchain. These keys are from TITAN. If someone sends
funds to you he derives a new pubkey for you which you can derive from the
transaction memo.
Hence, in order to get all your funds you may need to regnerate (market
transaction) keys and rescan the blockchain for TITAN transactions.
Is that clear enough?
Much clearer. Thanks a ton!!!
So on the send to new address part - from my public key and I guess random number the sender finds another point on the graph that he knows that if I have the private key for my public key I must have (or can calculate) the private key for that send to public key he uses. Or something similar correct?
Similar. It takes you pubkey adds a random number and uses the result as new pubkey. The random number is put into the memo. So the receiver tries to decode the memo and on success can take the decoded number to derive the new private key
Thanks. Hope you do not find the tip insultingly small - most funds tied in soft/hard collaterals right now.
Dont bother .. its like the fourth donation .. if at all..
thx!
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How can I check the balance of BTS associated with a given account name (eg. a name I registered in the genesis block way back in the day)??
-
How can I check the balance of BTS associated with a given account name (eg. a name I registered in the genesis block way back in the day)??
My stupid question is feeling lonely here... maybe it's not stupid enough?
-
How can I check the balance of BTS associated with a given account name (eg. a name I registered in the genesis block way back in the day)??
My stupid question is feeling lonely here... maybe it's not stupid enough?
If you saved your wallet data before u went m.i.a , then u should be able to download the 0.9.2 wallet and import that backup file and get your balance. You'll have to be more specific to get better answers because your milage may vary.
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How can I check the balance of BTS associated with a given account name (eg. a name I registered in the genesis block way back in the day)??
You can't check the balance of an account name (or address, or public key) without importing the private key into the client and scanning the blockchain.
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How can I check the balance of BTS associated with a given account name (eg. a name I registered in the genesis block way back in the day)??
You can't check the balance of an account name (or address, or public key) without importing the private key into the client and scanning the blockchain.
Oh, interesting. So, I've asked somebody to send funds to my [ACCOUNTNAME] and the only way I can check to see if that transaction happened is by logging into the computer that has my private key associated with that account?
I ask because I have it in WARM storage and really only bring it online when I absolutely have to.
Thanks.
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Can the BitShares 2.0 launch be put off or brought forward by a day, 13 is not a lucky number!
-
How can I check the balance of BTS associated with a given account name (eg. a name I registered in the genesis block way back in the day)??
You can't check the balance of an account name (or address, or public key) without importing the private key into the client and scanning the blockchain.
Oh, interesting. So, I've asked somebody to send funds to my [ACCOUNTNAME] and the only way I can check to see if that transaction happened is by logging into the computer that has my private key associated with that account?
I ask because I have it in WARM storage and really only bring it online when I absolutely have to.
Thanks.
Yes. This is going to change with BitShares 2.0 on Oct 13th, though.
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Can the BitShares 2.0 launch be put off or brought forward by a day, 13 is not a lucky number!
Lucky or not depends on your cultural context.
Fortunately, in blockchain technology we do not rely on cultural contexts but on mathematics. In mathematics, 13 is a number like any other. (Although it has the nice property of being prime. People like me really like prime numbers, but that's just my cultural context.).
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Can the BitShares 2.0 launch be put off or brought forward by a day, 13 is not a lucky number!
Lucky or not depends on your cultural context.
Fortunately, in blockchain technology we do not rely on cultural contexts but on mathematics. In mathematics, 13 is a number like any other. (Although it has the nice property of being prime. People like me really like prime numbers, but that's just my cultural context.).
It even goes further, the only constant thing about time is that the duration of a day and a year .. we call it 24h and 365 days which is already an arbitrary notation :P
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What's the difference between a witness and a committee member in 2.0?
-
What's the difference between a witness and a committee member in 2.0?
Witbesses produce blocks .. committee members propose changes of parameters like blockintervall and fees
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What is the "precision" parameter on bitsharesblocks (user issued assets > asset info) about?
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What is the "precision" parameter on bitsharesblocks (user issued assets > asset info) about?
How many "satoshis" of the asset make up one unit. For example, BTS has precision 10^5 and BTC has precision 10^8.
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What is the "precision" parameter on bitsharesblocks (user issued assets > asset info) about?
How many "satoshis" of the asset make up one unit. For example, BTS has precision 10^5 and BTC has precision 10^8.
Ok thanks!
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Can the BitShares 2.0 launch be put off or brought forward by a day, 13 is not a lucky number!
Lucky or not depends on your cultural context.
Fortunately, in blockchain technology we do not rely on cultural contexts but on mathematics. In mathematics, 13 is a number like any other. (Although it has the nice property of being prime. People like me really like prime numbers, but that's just my cultural context.).
Yes I have to agree with you on Prime's being nice numbers, those and multipals. LCM's seem like Maths magic
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At some point I stopped following the BitAsset design proposals and didn't read up on it until now. Maybe someone could answer these question:
How stable will Bitassets be in Bitshares 2.0? I heard that 1 BitUSD will always be at least 1 USD but can be more expensive. Is that correct? If so, how much will the volatility (rough range) be above 1 USD?
An associated question: For Bitshares 1.0 bitassets there was the rule "1 bitusd can be traded for 1 USD (minus exchange fees and market spread) at least within 30 days" because there was the 30 day maturity rule. Is there a similar guarentee for Bitshares 2.0 Bitassets?
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How stable will Bitassets be in Bitshares 2.0? I heard that 1 BitUSD will always
be at least 1 USD but can be more expensive. Is that correct? If so, how much
will the volatility (rough range) be above 1 USD?
No-one knows yet .. I think in the beginning we will see up to 5% .. later, when
more gateways allow easy transfer of USD into the system and more people short
bitUSD, then the surplus may be 1% or less. But no-one can tell for sure.
An associated question: For Bitshares 1.0 bitassets there was the rule "1 bitusd
can be traded for 1 USD (minus exchange fees and market spread) at least within
30 days" because there was the 30 day maturity rule. Is there a similar
guarentee for Bitshares 2.0 Bitassets?
No .. there is no need to close your short position .. ever. Unless you get
'called' by a settlement request.
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No .. there is no need to close your short position .. ever. Unless you get
'called' by a settlement request.
How much premium gives a settlement request?
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The settlement will always happen AT the feed .. and there is a time delay .. I think 24h or so .. until settlement request and actual settlement
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How stable will Bitassets be in Bitshares 2.0? I heard that 1 BitUSD will always
be at least 1 USD but can be more expensive. Is that correct? If so, how much
will the volatility (rough range) be above 1 USD?
No-one knows yet .. I think in the beginning we will see up to 5% .. later, when
more gateways allow easy transfer of USD into the system and more people short
bitUSD, then the surplus may be 1% or less. But no-one can tell for sure.
Will the premium be relatively stable or will it swing wildly?
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How stable will Bitassets be in Bitshares 2.0? I heard that 1 BitUSD will always
be at least 1 USD but can be more expensive. Is that correct? If so, how much
will the volatility (rough range) be above 1 USD?
No-one knows yet .. I think in the beginning we will see up to 5% .. later, when
more gateways allow easy transfer of USD into the system and more people short
bitUSD, then the surplus may be 1% or less. But no-one can tell for sure.
Will the premium be relatively stable or will it swing wildly?
I would say it depends on the volatility of BTS .. in times BTS is not volatile, the premium may be quite constant
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In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions?
In the current GUI it looks like there is no privacy protection.
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In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions?
In the current GUI it looks like there is no privacy protection.
there is none. however, you can set your account to private (guess that's not in the GUI yet) - but you will pay additional fees and won't be able to vote. read up on bitshares.org blog there's privacy article if I remember correctly
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In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions?
In the current GUI it looks like there is no privacy protection.
there is none. however, you can set your account to private (guess that's not in the GUI yet) - but you will pay additional fees and won't be able to vote. read up on bitshares.org blog there's privacy article if I remember correctly
That's a bit of a surprise for me.
So it means that after Oct 13th all community members' balances will be publicly known, doesn't it?
(assuming most of us have BTS account names already publicly known and most of us will want to vote)
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In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions?
In the current GUI it looks like there is no privacy protection.
there is none. however, you can set your account to private (guess that's not in the GUI yet) - but you will pay additional fees and won't be able to vote. read up on bitshares.org blog there's privacy article if I remember correctly
That's a bit of a surprise for me.
So it means that after Oct 13th all community members' balances will be publicly known, doesn't it?
(assuming most of us have BTS account names already publicly known and most of us will want to vote)
http://docs.bitshares.eu/migration/what-changed.html
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In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions?
In the current GUI it looks like there is no privacy protection.
there is none. however, you can set your account to private (guess that's not in the GUI yet) - but you will pay additional fees and won't be able to vote. read up on bitshares.org blog there's privacy article if I remember correctly
That's a bit of a surprise for me.
So it means that after Oct 13th all community members' balances will be publicly known, doesn't it?
(assuming most of us have BTS account names already publicly known and most of us will want to vote)
http://docs.bitshares.eu/migration/what-changed.html
So if I transfer my funds from my publicly known account to another of my accounts which is NOT publicly known and do it before Oct 13th - will it protect my privacy after Oct 13th?
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So if I transfer my funds from my publicly known account to another of my accounts which is NOT publicly known and do it before Oct 13th - will it protect my privacy after Oct 13th?
It all breaks down to "how you import your funds" .. but that would be the most convenient way to do .. yes
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Have any of the price feed script authors bothered to get permission from whoever they're getting the exchange rate info from?
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Have any of the price feed script authors bothered to get permission from whoever they're getting the exchange rate info from?
Afaik yahoo is ok to pull their prices but some more serious research would be a good idea ..
we had this discussion already but we should reevaluate it ..
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I've just joined the BitShares community and have got a bunch of BTS in my wallet.
How do I vote for a delegate?
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I've just joined the BitShares community and have got a bunch of BTS in my wallet.
How do I vote for a delegate?
Welcome to the community, MarketingMonk.
There will be a major infrastructure upgrade for BitShares on Oct 13th and everything regarding voting will be changed & significantly improved.
So it's better to skip voting for now and wait till the upgrade - it's less than a week away.
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I'm looking for a dedicated device to just hold my bts wallet on. I don't want to risk getting hacked. It's a substantial amount of bts as I have accumulated since 2013. Does anyone have a recommendations?
I was even thinking of buying a separate laptop just for this purpose. Is that overkill?
Feel kind of dumb asking but it's a genuine concern that I have regarding this uninsured crypto world.
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I'm looking for a dedicated device to just hold my bts wallet on. I don't want to risk getting hacked. It's a substantial amount of bts as I have accumulated since 2013. Does anyone have a recommendations?
I was even thinking of buying a separate laptop just for this purpose. Is that overkill?
Feel kind of dumb asking but it's a genuine concern that I have regarding this uninsured crypto world.
I don't think it's an overkill, but on the other hand I don't think it could be wise to spent $600 in order to secure $2000, in this scenario you could probably use a dual boot system and be ok. Also I don't think it could be a bad idea to keep a small fraction of your funds in the dual boot system even if you have the laptop. I'm also curious about what other people think..
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BitShares 2.0 will make it alot easier to secure your funds .. you can use hierarchical corporate accounts then (tutorial will follow ASAP)
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The settlement will always happen AT the feed .. and there is a time delay .. I think 24h or so .. until settlement request and actual settlement
I remember also 24H...
But I just had an idea!
Make it sense the settlement take place at a random time between the next 24 hours? So the one that makes the settlement is guaranteed not to manipulate the price-feed in anyway after exactly 24 hours? Make that sense?
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I'm looking for a dedicated device to just hold my bts wallet on. I don't want to risk getting hacked. It's a substantial amount of bts as I have accumulated since 2013. Does anyone have a recommendations?
I was even thinking of buying a separate laptop just for this purpose. Is that overkill?
Feel kind of dumb asking but it's a genuine concern that I have regarding this uninsured crypto world.
I don't think it's an overkill, but on the other hand I don't think it could be wise to spent $600 in order to secure $2000, in this scenario you could probably use a dual boot system and be ok. Also I don't think it could be a bad idea to keep a small fraction of your funds in the dual boot system even if you have the laptop. I'm also curious about what other people think..
Yeah its much more than $2000. I just want to know what the best practice is. Especially when I'm referring my friends, I need to know what to recommend.
BitShares 2.0 will make it alot easier to secure your funds .. you can use hierarchical corporate accounts then (tutorial will follow ASAP)
Thanks xeroc. I'm not a computer guy and this is probably the main barrier to entry for a lot of older folks. Who generally have most of the money. I'll be looking for this.
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It all breaks down to "how you import your funds"
How can we import funds without revealing balances?
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It all breaks down to "how you import your funds"
How can we import funds without revealing balances?
that doesn't work .. you need to claim the balance in "clear-text" .. use a new account to import your balance if you don't want to link it to your existing account ..
Not sure if the wallet supports blinded transactions yet .. but once you have claimed your stuff you will be able to send them inn a blinded transaction
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I have a name registered on the blockchain from 0.8.
Can I continue sending funds to that account name if don't make an account yet in 2.0?
For example, can I make a transaction from an exchange to that account name now?
If I have the private keys (unencrypted WIF) for that account will I be able to access the funds later?
is wallet_import_private_key still supported in 2.0?
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I have a name registered on the blockchain from 0.8.
Can I continue sending funds to that account name if don't make an account yet in 2.0?
Yes. You may verify that your account (active) key is the same as in bitshares 2.. but it certainly is.
For example, can I make a transaction from an exchange to that account name now?
Sure.
If I have the private keys (unencrypted WIF) for that account will I be able to access the funds later?
Depends .. I assume your account is a TITAN-enabled account (unless you tell me
the name and I can check it) and thus you need to import it into BitShares 0.9
first, rescan the blockchain and catch all transactions still on the bitshares 1 blockchain.
Read more about it on docs.bitshares.org/migration
is wallet_import_private_key still supported in 2.0?
you can manually import you private keys in wif format if you wish.
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About a week before the snapshot I made a wallet.json backup of my wallet.
A day before the snapshot I sent my bitshares held on exchanges to the account.
Do I need to need to install 0.9.3c and rescan for the transaction and then export the new wallet for importing into the new 2.0 client.
Or can I just import into 2.0?
Thanks!
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Hi All,
I can't seem to get going with the light wallet, not matter if I use Windows 10, 8.1 or my Mac OS X.
I have my backup but I can't even get passed creating a new account, let alone importing the keys.
Failed to create wallet: TypeError: Invalid value undefined supplied to WalletTcomb/chain_id: String - Then Failed to create account.
Any ideas?
Currently trying with the 287 clinet
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You should be clicking on existing accounts, not create new account on the login screen.
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Hi guys,
Anyone knows what is going on with Bittrex exchange?
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Hi All,
I managed to import my keys successfully and even create a new account, I needed to reload the app after I initially launched it "View - Reload or CTRL-R"
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About a week before the snapshot I made a wallet.json backup of my wallet.
A day before the snapshot I sent my bitshares held on exchanges to the account.
Do I need to need to install 0.9.3c and rescan for the transaction and then export the new wallet for importing into the new 2.0 client.
Or can I just import into 2.0?
Thanks!
Yes .. you need to first install bts 0.9.3 and sync the chain so ypu see your transaction there .. the you can export a new file
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Hi All,
I can't seem to get going with the light wallet, not matter if I use Windows 10, 8.1 or my Mac OS X.
I have my backup but I can't even get passed creating a new account, let alone importing the keys.
Failed to create wallet: TypeError: Invalid value undefined supplied to WalletTcomb/chain_id: String - Then Failed to create account.
Any ideas?
Currently trying with the 287 clinet
Wallet bug afaik .. should be fixes by now
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Im currently compiling my BTS-1 wallet to 0.9.3 so that I can create a new backup that can be imported into the the 2.0 web wallet - jesus this is complicated.
Is the cli_wallet just for exchanges etc? Most general users would want to run the web wallet (sometimes a local one), so is it true they would never need the cli_wallet? Are the any differences in security between the running your own web wallet and the cli_wallet?
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Hi, I recently downloaded 2.0 directory in for Linux and having problems launching it, I want to get my coins off the exchange for these moments, may I please get some love or link for bts set up for dummies. Pm if more appropriate. TIA.
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Thanks Xeroc :)
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How does one 'log out' of the OpenLedger online wallet
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Click the "Lock wallet" button at the top. Then you're a in view-only mode and can just view things. You can close your browser window then.
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How do I import my keys from my AGS donations into Openledger? Doesn't seem to work for me. What's the best way to do this?
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How do I import my keys from my AGS donations into Openledger? Doesn't seem to work for me. What's the best way to do this?
I guess you need to do it in two steps: first you need to import your AGS keys into the 0.9.3c GUI and then export the keys from there and import them to the 2.0 GUI as it's described here:
http://docs.bitshares.eu/migration/index.html
But I've never done it this way, so this is only me guessing.
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Are there any YouTube tutorials for bts 101?
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Are there any YouTube tutorials for bts 101?
These are the only BitShares video tutorials I am aware of:
https://www.youtube.com/channel/UChtICzF0ZEhhgoMA8YWhULw/videos
But all of them were made before BTS 2.0 was available so some of the information is probably be outdated.
There might be other videos but I haven't heard of any video tutorial targeted for the 2.0 version specifically.
I guess it's so new nobody had time to do it.
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Hi, I recently downloaded 2.0 directory in for Linux and having problems launching it, I want to get my coins off the exchange for these moments, may I please get some love or link for bts set up for dummies. Pm if more appropriate. TIA.
Anyone?
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Hi, I recently downloaded 2.0 directory in for Linux and having problems launching it, I want to get my coins off the exchange for these moments, may I please get some love or link for bts set up for dummies. Pm if more appropriate. TIA.
Anyone?
Would you not want to use the online wallet?
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I someone has already imported his bts1 private keys to the hosted bts2.0 openledger web-wallet and he decides to import them to a desktop full node or desktop light-client, how can he delete his private-keys on the hosted wallet so he can be sure he is not in danger of a future server compromise? Deleting the wallet is enough?
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The wallet is NOT stored on the server, you cannot be compromised when the server gets hacked. You should delete the keys in the browser local storage though, when you do not intend to use this web wallet again.
EDIT: Only when the server publishes malicious code, and you continue to use this web wallet, you're in danger.
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The wallet is NOT stored on the server, you cannot be compromised when the server gets hacked. You should delete the keys in the browser local storage though, when you do not intend to use this web wallet again.
EDIT: Only when the server publishes malicious code, and you continue to use this web wallet, you're in danger.
that's my point ... if the hosted server get compromised then we are in danger... As I understand it only if we login after the compromise.... (if we don't login anymore after the compromise we are safe)
Theoretical could the owners of openledger.info collect all private keys right now and use them in future when our market cap is big enough?(assuming it is "compromise" from the beginning? :-X) Using openledger and their hosted wallet means we 100% trust the openledger owners? Right?
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Would you not want to use the online wallet?
I'd certainly feel more comfortable if I could just execute a file in the 2.15.286.tar.gz downloads and have a wallet. I wish to protect my BTS and explore. Why is this so difficult?
It's more difficult than posting a message on this forum, in which I need to reference La Place every time I want to edit my post.
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it's not easy, yet it's not too hard either.. somethings in life do require a little effort, even if that means just using your own brain
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I've been reading our documentation (https://bitshares.org/technology/user-issued-assets/) but couldn't find an answer to this question:
When I issue a UIA as shares in my company, is there a way to enable the shareholders to vote on the company's issues using the UIA?
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I've been reading our documentation (https://bitshares.org/technology/user-issued-assets/) but couldn't find an answer to this question:
When I issue a UIA as shares in my company, is there a way to enable the shareholders to vote on the company's issues using the UIA?
I don't think that is currently possible directly .. but several options exist to cast an opinion e.g. with whitelists ..
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The wallet is NOT stored on the server, you cannot be compromised when the server gets hacked. You should delete the keys in the browser local storage though, when you do not intend to use this web wallet again.
EDIT: Only when the server publishes malicious code, and you continue to use this web wallet, you're in danger.
that's my point ... if the hosted server get compromised then we are in danger... As I understand it only if we login after the compromise.... (if we don't login anymore after the compromise we are safe)
Theoretical could the owners of openledger.info collect all private keys right now and use them in future when our market cap is big enough?(assuming it is "compromise" from the beginning? :-X) Using openledger and their hosted wallet means we 100% trust the openledger owners? Right?
I don;t think that's how the security concern works. All keys are stored locally on your computer and never get relayed over the network connection.
When you visit the host site, it tells your computer to run this small program: https://github.com/bitshares/bitshares-2-ui/releases
The security concern is if the hosting site were to change the JavaScript code it feeds you when you visit the site to a different script, you would then run that program instead of the web-wallet you thought you were going to; that could then be some malicious key grabber but you could always just read the code every-time you access the site.
if you download the program (web-wallet) directly, you just just run it from your computer and there is no longer a concern as you no longer run a script of the web-server. There is little advantage to this over the standard light wallet though IMO.
The other connection involved the the web socket that supplies the blockchain state - you could store this locally as well by running a witness, although this should not have any access to any part of your accounts/keys and simply relays the blockchain from a remote witness node.
There is no way for the wallet host to be "collecting keys" unless it is currently written in the JavaScript (which I admittedly have not read).
Disclaimer: I don't necessarily know what I am talking about but this is how I understand it to work.
Edit: sorry, I missed "compromised from the beginning" so yeah you have the right idea but you dont have to trust them 100%, you can just read the code they are feeding you
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I've been reading our documentation (https://bitshares.org/technology/user-issued-assets/) but couldn't find an answer to this question:
When I issue a UIA as shares in my company, is there a way to enable the shareholders to vote on the company's issues using the UIA?
I don't think that is currently possible directly .. but several options exist to cast an opinion e.g. with whitelists ..
On a second thought, it seems perfectly doable as every UIA holder is able to state & prove their UIA balance.
So it's just a matter of automating the process of balance proofing and voting outside the blockchain but it should be feasible. And in a similar way dividend payments could be automated.
Looks like it is a whole new business area to be created: building BTS-based systems that take advantage of UIA and manage the ownership of shares in a company with dividends and shareholders voting included.
Have we had a forum thread exploring this concept?
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Have we had a forum thread exploring this concept?
not that I know of
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Have we had a forum thread exploring this concept?
not that I know of
Looks like the devs are aware of the potential but haven't had time to think about it yet.
https://bitsharestalk.org/index.php/topic,16554.msg211750.html#msg211750
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it's not easy, yet it's not too hard either.. somethings in life do require a little effort, even if that means just using your own brain
Isn't this the stupid questions thread? Jeez, if THERE'S ZERO DOCUMENTATION in the tar.gz it's kind of tough for a new comer to play around with the client.
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How do we transfer accounts to others or is it possible at this time?
Who's stepping up to be an account escrow?
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Since you can change your debt and collateral at will, how do you keep track of your short being a profit/loss if you forget your initial margin trade price?
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Since you can change your debt and collateral at will, how do you keep track of your short being a profit/loss if you forget your initial margin trade price?
Good question!
Can you add a % profit/loss indicator next to our debt ?
profit: green % output
loss: red % output
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brownies or BTS?
When it is hard to decide, I ask stupid questions.
PS
@ liondani
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How do we transfer accounts to others or is it possible at this time?
Who's stepping up to be an account escrow?
Since you can change the owner key to anything else you can hand over pub keys and have the other party put in the pubkey into the owner field .. if you are willing to play around with the CLI wallet you can even use the threshold signature scheme
http://docs.bitshares.eu/user/Account-Permissions.html
Otherwise I would be happy to help out as an escrow ..
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I've been reading our documentation (https://bitshares.org/technology/user-issued-assets/) but couldn't find an answer to this question:
When I issue a UIA as shares in my company, is there a way to enable the shareholders to vote on the company's issues using the UIA?
Is this something that Follow My Vote team is working on?
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brownies or BTS?
When it is hard to decide, I ask stupid questions.
PS
@ liondani
brownies? :)
...but for what? :o
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I've been reading our documentation (https://bitshares.org/technology/user-issued-assets/) but couldn't find an answer to this question:
When I issue a UIA as shares in my company, is there a way to enable the shareholders to vote on the company's issues using the UIA?
Is this something that Follow My Vote team is working on?
That's an interesting approach.
I'll try to get it answered in the next mumble hang-out:
https://bitsharestalk.org/index.php/topic,16318.msg248128.html#msg248128
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Just tried to buy some TRADE.BTC on internal exchange by clicking first available offer. Instead of purchasing it at the price specified it did this instead and did not initiate the trade.
(http://i.imgur.com/mVTyDQN.jpg)
Why did this happen? Why didn't it just purchase the TRADE.BTC at the set price when I clicked it?
So I guess I just lost 30 BTS trying to do a trade for 30 BTS that did not complete. :-\
If you click the 30 BTS offer, this is what the client enters instead
(http://i.imgur.com/1oIuEam.jpg)
Also did the Lifetime and Annual Fees just double over the last few days? It now says 20,000 BTS for Lifetime and 4,000 for Annual, when just the other day those were 1/2 that I believe. What gives? It's a little disheartening to go around trying to get people to sign up with BTS and then when they do the price is twice what they were told! :-\
It just gets better now it's 40 BTS to transfer any amount! Things change too rapidly without notice in the client. Tomorrow it may be 80 BTS to transfer but I'll never find out unless I go to transfer and notice or I sift through 1,000 forum post a day to find that speshul thread that lets me know. Rage sell emotions mounting. :-\
later that day : Oh my god "80 BTS tomorrow" wasn't a stretch either! 10 minutes later I'm asked to pay 42.xxxx BTS to transfer the same amount I was going to 10 minutes ago at 40 BTS. I better hurry and cash out or all of my coins will be eaten up by fees if I wait any longer. Seriously wtf!
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Just tried to buy some TRADE.BTC on internal exchange by clicking first available offer. Instead of purchasing it at the price specified it did this instead and did not initiate the trade.
(http://i.imgur.com/mVTyDQN.jpg)
Why did this happen? Why didn't it just purchase the TRADE.BTC at the set price when I clicked it?
So I guess I just lost 30 BTS trying to do a trade for 30 BTS that did not complete. :-\
"You know nothing Jon Snow", couldn't resist. ;)
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Where can I download the bitshares blockchain. not the light client but the actual full client and blockchain?
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Where can I download the bitshares blockchain. not the light client but the actual full client and blockchain?
https://github.com/bitshares/bitshares-2/releases
Download the cli_tools, it should contain the witness_node. Run the witness_node, it will download the blockchain. The witness_node is also the backend for the light client. I think.
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How do I import my keys from my AGS donations into Openledger? Doesn't seem to work for me. What's the best way to do this?
I guess you need to do it in two steps: first you need to import your AGS keys into the 0.9.3c GUI and then export the keys from there and import them to the 2.0 GUI as it's described here:
http://docs.bitshares.eu/migration/index.html
But I've never done it this way, so this is only me guessing.
Is this the "best practices" way of importing keys from AGS donations? Or is there a way to import directly into the 2.0 GUI?
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How do I import my keys from my AGS donations into Openledger? Doesn't seem to work for me. What's the best way to do this?
I guess you need to do it in two steps: first you need to import your AGS keys into the 0.9.3c GUI and then export the keys from there and import them to the 2.0 GUI as it's described here:
http://docs.bitshares.eu/migration/index.html
But I've never done it this way, so this is only me guessing.
Is this the "best practices" way of importing keys from AGS donations? Or is there a way to import directly into the 2.0 GUI?
Depends ... if you are tech savvy enough to export the required WIF private keys (from the donation) from your BTC wallet yourself .. then you can also import them directly into the wallet ..
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[EDIT] Ignore this question, problem solved https://bitsharestalk.org/index.php/topic,19557.0.html
get_vesting_balances <account_name> returns [ ] (BitShares 2.0 CLI) is this normal? I can't remember if vesting balances was supposed to work right away or at some point in the future.
I tried to import the json in gui unsuccesfully(lots of keys, known issues).
I used CLI to import/migrate from 0.9.3c succesfully.
Then I imported in GUI the dumped private key from my BTS key, it worked but I can't see any vesting balances in GUI or CLI, also the backup I created from GUI is really small compared to another account I have, I would expect to be much bigger because I used this account much more and it had more keys in the json.
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How do I import my keys from my AGS donations into Openledger? Doesn't seem to work for me. What's the best way to do this?
I guess you need to do it in two steps: first you need to import your AGS keys into the 0.9.3c GUI and then export the keys from there and import them to the 2.0 GUI as it's described here:
http://docs.bitshares.eu/migration/index.html
But I've never done it this way, so this is only me guessing.
Is this the "best practices" way of importing keys from AGS donations? Or is there a way to import directly into the 2.0 GUI?
Depends ... if you are tech savvy enough to export the required WIF private keys (from the donation) from your BTC wallet yourself .. then you can also import them directly into the wallet ..
So if I start from 0.9.3c to get to 2.0, can I even register my new account in 0.9.3c? My guess is no because of the blockchain fork. Or should/can I migrate to 2.0 and then register?
And is there documentation on registering in 2.0?
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Here's my stupid question, there are 2 parts, the first is essentially a basic unix question
part1:
Is there a way to run the current light client on Linux/Ubuntu without fully installing/embedding it into my system?
With various QT wallets I prefer to just call the bin files directly rather than installing .deb files with dpkg. Is this actually even any different or could I just move the binary file from /usr/bin to somewhere else and have it work the same after building?
part2:
As a work around till I figured this out I have been running the web-wallet locally (so I don't have to constantly call JavaScript from a server somewhere) downloaded from https://github.com/bitshares/bitshares-2-ui/releases but it is released very infrequently and there have been many changes to the UI lately. Is this release going to be maintained going forward or is the assumption that people are just going to be using the light wallet?
Thanks
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I've just received the mail about the Official MUSE Launch
According to the mail I'm in the B Section : "For those that never claimed their Notes and decided to wait until the real blockchain came out"
All I have to do is : "to import your Bitcoin Private Keys (the wallet file) into the MUSE wallet"
My stupid question is : Where can I download the "MUSE wallet" ?
No link where provided in the mail, it should be obvious...
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I've just received the mail about the Official MUSE Launch
According to the mail I'm in the B Section : "For those that never claimed their Notes and decided to wait until the real blockchain came out"
All I have to do is : "to import your Bitcoin Private Keys (the wallet file) into the MUSE wallet"
My stupid question is : Where can I download the "MUSE wallet" ?
No link where provided in the mail, it should be obvious...
Here
https://bitsharestalk.org/index.php?topic=19503.0
Can someone explain me the whole thing about deleting your browsing history and using the hosted wallet?
If I download the light client, can I delete it safely without having to worry?
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I created my own user issued asset UBICOIN for fun but it costs 400 ubicoin to transfer 1 ubicoin to someone else. why so crazy high? and who gets these ubicoin? they would be useless to the reserve pool as they are worthless
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I created my own user issued asset UBICOIN for fun but it costs 400 ubicoin to transfer 1 ubicoin to someone else. why so crazy high? and who gets these ubicoin? they would be useless to the reserve pool as they are worthless
I hear ya man, I created one and paid 2,000 to send a few lol.
I then stopped to ask wtf and it was fixed in next release of light wallet (or wherever they fix things these days). ;)
Now I pay a few BTS to send. I'm not sure if someone fixed my UIA, which must currently be done via the CLI or if it was an adjustment to the entire network.
Are you using the latest light wallet or OpenLedger?
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Will I be able to follow this path to integrate my PTS from my old Bitshares-PTS wallet (beta!) into my Bitshares 2.0 new account?
Settings -> Wallets -> Key Import Tool - Import your latest .json -> Create Account -> Balance Claims -> Lookup Balances -> Settings -> Wallets -> Create Backup
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Will I be able to follow this path to integrate my PTS from my old Bitshares-PTS wallet (beta!) into my Bitshares 2.0 new account?
Settings -> Wallets -> Key Import Tool - Import your latest .json -> Create Account -> Balance Claims -> Lookup Balances -> Settings -> Wallets -> Create Backup
No, the key import tool cannot import old PTS wallets.
You'll either have to manually dump the private keys from the PTS wallet using the old PTS client, or use the BitShares-0.9.3c client to import the old PTS wallet and create a JSON export which can be imported into BTS-2.0.
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This screen-shot shows price feeds for BTC:
(http://i.imgur.com/O16spap.png)
I guess all witnesses are using the same python script created by xeroc to fetch the price feeds.
So why do we have so big discrepancies in feed prices among different witnesses, especially among those who have updated the feed within the last hour?
In this case, the prices are ranging from 0.00000887 to 0.00001278 even though they have more or less the same timestamp.
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The script has some parameters that can be setted by the witness and that can change a little bit the resulted value for the pricefeed.
Anyway, the main reason is that there was really a lot of movement on poloniex, with price that keeped jumping up and down, in a very short time...
Let's see if they start to stabilize as soon as btc value stabilizes too
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The script has some parameters that can be setted by the witness and that can change a little bit the resulted value for the pricefeed.
Anyway, the main reason is that there was really a lot of movement on poloniex, with price that keeped jumping up and down, in a very short time...
Let's see if they start to stabilize as soon as btc value stabilizes too
That's explains it a little bit but not fully. Volatility will always be in those markets so we need to live with it and have precise feeds even when volatility increases.
Also, Poloniex was bumpy 24 hours ago, now is quite stable.
@xeroc, could you confirm that those huge differences can be explained by using different parameter values in the script?
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How long ago was your screenshot taked?
Plus, the resulted feed for the asset is the median of all the published price feed by the witnesses... So the resulted price should be more stable even in these situations.
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How long ago was your screenshot taked?
Plus, the resulted feed for the asset is the median of all the published price feed by the witnesses... So the resulted price should be more stable even in these situations.
The screen-shot was taken just before I published the post.
But even now you can see that mr.agsexplorer quotes 0.00001265 whereas verbaltech2 quotes 0.00000899 and both feeds are time-stamped very recently.
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yes, who is publishing on 1200ish should check (and probably update) their script...
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Thank you - I'll try. :o
Will I be able to follow this path to integrate my PTS from my old Bitshares-PTS wallet (beta!) into my Bitshares 2.0 new account?
Settings -> Wallets -> Key Import Tool - Import your latest .json -> Create Account -> Balance Claims -> Lookup Balances -> Settings -> Wallets -> Create Backup
No, the key import tool cannot import old PTS wallets.
You'll either have to manually dump the private keys from the PTS wallet using the old PTS client, or use the BitShares-0.9.3c client to import the old PTS wallet and create a JSON export which can be imported into BTS-2.0.
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If I download the light client do I need to worry about clearing my browser history?
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If I download the light client do I need to worry about clearing my browser history?
No.
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If I download the light client do I need to worry about clearing my browser history?
No.
That will probably get the award for most stupid question but I had to be sure :P
So the only difference between light client and OpenLedger is with LC I need to do the backups manually but I can access my wallet anytime while with OpenLedger I get updates done automatically but each time I clear my browser history, instead of just using the passphrase to unlock the wallet, I also need to import the file with keys, each time right? Did I miss anything?
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Clearing just the browser history should not affect your saved wallet file.
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Why 3 processes when on Processes with Network Activity I only get 1 process with 1 PID? Each process should have its own PID but it only shows one.
(http://s14.postimg.org/5vy74s6hd/Sem_T_tulo.png)
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Guys I have a question!
I have a wallet, with backup and a password,I can easily back it up from any computer,
However when I do this, I cannot make any payment as it is said that the account is not mine.
It looks like I am locked out from my own account, I need your help guys and girls
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Guys I have a question!
I have a wallet, with backup and a password,I can easily back it up from any computer,
However when I do this, I cannot make any payment as it is said that the account is not mine.
It looks like I am locked out from my own account, I need your help guys and girls
Click on the lock icon and then enter your password.
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Ok this probably is the most silliest question ever but how do I logout from openledger?
I'm a total beginner as you can see. :-[
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Ok this probably is the most silliest question ever but how do I logout from openledger?
I'm a total beginner as you can see. :-[
you can click the "lock" .. then your private keys are safe ..
logging out is not yet possible since all your keys are currently stored in your browser
you can delete your wallet to "reset" your wallet.. but make sure to have a backup
The devs are currently working on a blockchain.info style wallet service .. but that may take some more time .. I think they will have a worker for this
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Ok this probably is the most silliest question ever but how do I logout from openledger?
I'm a total beginner as you can see. :-[
you can click the "lock" .. then your private keys are safe ..
logging out is not yet possible since all your keys are currently stored in your browser
you can delete your wallet to "reset" your wallet.. but make sure to have a backup
The devs are currently working on a blockchain.info style wallet service .. but that may take some more time .. I think they will have a worker for this
Ok Thanks! :)
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What is the reason that we can vote for worker proposals directly whereas committee proposals need to be voted indirectly, i.e. by voting for committee members?
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Does a referrer have to be a Lifetime Member to be credited for referrals?
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Does a referrer have to be a Lifetime Member to be credited for referrals?
yes ,,
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Does a referrer have to be a Lifetime Member to be credited for referrals?
yes ,,
Well fuuuu. That explains it. :-\
#sharebits "xeroc" 1 FISTBUMP
#sharebits "xeroc" 1 THANKYOU
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Hey Tuck Fheman, here are the results of your tips...
- xeroc (http://sharebits.io/Home/Dashboard?username=xeroc): has been credited 1 FISTBUMP
- xeroc (http://sharebits.io/Home/Dashboard?username=xeroc): has been credited 1 THANKYOU
Curious about BtsTip? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,8390.msg260757/topicseen.html#msg260757
Created by hybridd (https://bitsharestalk.org/index.php?action=profile;u=40140)
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Does a referrer have to be a Lifetime Member to be credited for referrals?
yes ,,
If pay by the month, do you get credited?
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Does a referrer have to be a Lifetime Member to be credited for referrals?
yes ,,
If pay by the month, do you get credited?
That too, also what if that person upgraded to LT now, would they be credited retroactively for any referrals?
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Hey Tuck Fheman, here are the results of your tips...
- xeroc (http://sharebits.io/Home/Dashboard?username=xeroc): has been credited 1 FISTBUMP
- xeroc (http://sharebits.io/Home/Dashboard?username=xeroc): has been credited 1 THANKYOU
Curious about BtsTip? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,8390.msg260757/topicseen.html#msg260757
Created by hybridd (https://bitsharestalk.org/index.php?action=profile;u=40140)
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Does a referrer have to be a Lifetime Member to be credited for referrals?
yes ,,
If pay by the month, do you get credited?
That too, also what if that person upgraded to LT now, would they be credited retroactively for any referrals?
I've tried to suggest this twice but apparently it breaks something...
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I've tried to suggest this twice but apparently it breaks something...
Break all the things!
#sharebits "merockstar" 5 PERCENT
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Hey Tuck Fheman, here are the results of your tips...
- merockstar (http://sharebits.io/Home/Dashboard?username=merockstar): has been credited 5 PERCENT
Curious about BtsTip? Visit us at http://sharebits.io and start tipping BTS on https://bitsharestalk.org/ today!
Source: https://bitsharestalk.org/index.php/topic,8390.msg261070/topicseen.html#msg261070
Created by hybridd (https://bitsharestalk.org/index.php?action=profile;u=40140)
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What is the reason that we can vote for worker proposals directly whereas committee proposals need to be voted indirectly, i.e. by voting for committee members?
Anyone knows the answer?
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What is the reason that we can vote for worker proposals directly whereas committee proposals need to be voted indirectly, i.e. by voting for committee members?
Anyone knows the answer?
Simply to be able to react faster ..
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What is the reason that we can vote for worker proposals directly whereas committee proposals need to be voted indirectly, i.e. by voting for committee members?
Anyone knows the answer?
Simply to be able to react faster ..
And, the issues to be voted generally require expertise that the average voter doesn't have. We ask the average voter merely to select people who are qualified as well as trusted to make technical decisions.
If the average person got to choose the proper mix of matter and anti-matter directly, we'd have a lot more warp core breaches.
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Could some Dev update the BitShares annoucements thread with the latest release? It already missed 2 at least since last post was from 13 Oct. I would post it but since all posts were made by BM..
https://github.com/bitshares/bitshares-2/releases
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We've had this nice thread: Payment business: comparison between Bitshares and it's competitors (https://bitsharestalk.org/index.php/topic,20023.0.html).
Does anyone remember a forum thread offering a similar comparison but regrading the exchange business?
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an account has lots parts
account name
account password
account back up
account brain key
which bits are need to fully restore a account?
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We've had this nice thread: Payment business: comparison between Bitshares and it's competitors (https://bitsharestalk.org/index.php/topic,20023.0.html).
Does anyone remember a forum thread offering a similar comparison but regrading the exchange business?
Was it a comparison of DEX vs. centralized exchanges?
an account has lots parts
account name
account password
account back up
account brain key
which bits are need to fully restore a account?
My understanding is that we have the two recovery methods:
1. Wallet backup + wallet password. The surest way to recover everything including unclaimed balances (and in the future probably stealth balance addresses/history)
2. Brain key. The brain key alone should be enough to recover the wallet and the accounts created within it. Unclaimed balances will need to be re-imported. Also, I'm not sure if it will recover keys that were imported manually.
Could someone clarify what the brain keys recover (or don't)?
Do the wallets continue to use deterministic keys, and is that how multiple accounts are recovered?
fake edit: .. ok, I tried importing my brain key into a new wallet (New Wallet > Custom brainkey) but nothing showed up. Wasn't there was a separate "Import Brainkey" feature somewhere?
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an account has lots parts
account name
account password
account back up
account brain key
which bits are need to fully restore a account?
My understanding:
wallet backup is needed to restore the current accounts in the wallet
password are needed to unlock wallet to send funds from accounts
There is no account brainkey per-se, but
wallet brainkey allows for restoration of accounts CREATED IN THAT WALLET but not imported accounts.
username is just tied to the account and would be included in the backup
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Is there a way to check who and what proxies are voting for?
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Is there a way to check who and what proxies are voting for?
I saw a preview of such a feature on cryptofresh.com (@roadscape: when would this feature be public?)
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Is there a way to check who and what proxies are voting for?
I saw a preview of such a feature on cryptofresh.com (@roadscape: when would this feature be public?)
top proxies are visible on cryptofresh.com
@morpheus you can click on the proxies name and see their votes
example: http://cryptofresh.com/u/fav
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Is there a way to check who and what proxies are voting for?
I saw a preview of such a feature on cryptofresh.com (@roadscape: when would this feature be public?)
It's public, but I don't have links to it yet on the site itself..
@morpheus - http://cryptofresh.com/ballots
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Thanks guys. I have a lifetime membership but it is still charging me 30bts for a transfer. Is this part of the cashback program or is there something I am missing?
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Thanks guys. I have a lifetime membership but it is still charging me 30bts for a transfer. Is this part of the cashback program or is there something I am missing?
It's part of the cashback program, yes. Fees over 100 BTS vest for 90 days, but smaller fees are available to withdraw right away (or at least after hourly maintenance?)
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Is it possible to pick and choose proposals/committee members/witnesses and then cede whatever voting power you didn't overwrite on to a proxy?
if not that's an idea.
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How big is the bitshares blockchain in Gigabytes? and how big will it be in a year?
Also if I send a transaction and write some text in the memo does that text get stored in the blockchain?
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Is it possible to pick and choose proposals/committee members/witnesses and then cede whatever voting power you didn't overwrite on to a proxy?
if not that's an idea.
It's not possible, simply because you cannot use only a part of your voting power (unless you split your funds over several accounts of course).
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How big is the bitshares blockchain in Gigabytes? and how big will it be in a year?
Also if I send a transaction and write some text in the memo does that text get stored in the blockchain?
At this time the blockchain has ~1.69 million blocks and ~236 megabytes when stored on disk (not counting the index and the object database).
The memo is stored in the blockchain, but it's encrypted with the recipient's memo key.
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Thanks guys. I have a lifetime membership but it is still charging me 30bts for a transfer. Is this part of the cashback program or is there something I am missing?
It's part of the cashback program, yes. Fees over 100 BTS vest for 90 days, but smaller fees are available to withdraw right away (or at least after hourly maintenance?)
30 bts is less than 100 bts... or are you talking about accumulated fees?
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About a week before the snapshot I made a wallet.json backup of my wallet.
A day before the snapshot I sent my bitshares held on exchanges to the account.
Do I need to need to install 0.9.3c and rescan for the transaction and then export the new wallet for importing into the new 2.0 client.
Or can I just import into 2.0?
Thanks!
I have been trying to get my old wallet to sync, but cant.
Should I still try and import my wallet into the new web-wallet or will I defiantly loose my shares.
It was about $400 worth that I transferred a day before the snap-shot and I couldnt get the wallet to sync in time to make a new back up file. :'(
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Thanks guys. I have a lifetime membership but it is still charging me 30bts for a transfer. Is this part of the cashback program or is there something I am missing?
It's part of the cashback program, yes. Fees over 100 BTS vest for 90 days, but smaller fees are available to withdraw right away (or at least after hourly maintenance?)
30 bts is less than 100 bts... or are you talking about accumulated fees?
Just saying that cashback from a 30 BTS transfer fee will "skip" the vesting period and be available to withdraw the same day. But if you were to pay 20,000 BTS for an account upgrade, the cashback would vest over 90 days.
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Is it possible to pick and choose proposals/committee members/witnesses and then cede whatever voting power you didn't overwrite on to a proxy?
if not that's an idea.
It's not possible, simply because you cannot use only a part of your voting power (unless you split your funds over several accounts of course).
I phrased that poorly. What I meant was use all of your voting power, but pick and choose what you want to vote on and what you want to use a proxy for. (For example, if I want to trust my proxies judgment for most matters, but I'd like to change their vote for a specific proposal, or perhaps hand pick a couple of witnesses)
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About a week before the snapshot I made a wallet.json backup of my wallet.
A day before the snapshot I sent my bitshares held on exchanges to the account.
Do I need to need to install 0.9.3c and rescan for the transaction and then export the new wallet for importing into the new 2.0 client.
Or can I just import into 2.0?
Thanks!
I have been trying to get my old wallet to sync, but cant.
Should I still try and import my wallet into the new web-wallet or will I defiantly loose my shares.
It was about $400 worth that I transferred a day before the snap-shot and I couldnt get the wallet to sync in time to make a new back up file. :'(
Don't expect the old client to sync past block 3826650 - that's the last one that I have. If your head block is from Oct 13 you're probably good.
You can just import your old wallet into the web wallet and check if the balance is what you'd expect.
If not, ISTR that someone put up the old blockchain for download somewhere. Use that to sync your old client, the make a backup and import that again. You will not lose any shares as long as you keep backups of all your wallets.
I phrased that poorly. What I meant was use all of your voting power, but pick and choose what you want to vote on and what you want to use a proxy for. (For example, if I want to trust my proxies judgment for most matters, but I'd like to change their vote for a specific proposal, or perhaps hand pick a couple of witnesses)
That's currently not possible, but could be implemented of course. It would make the vote counting algorithm significantly more complicated though and would therefore probably cost a lot to get implemented, so I doubt it's going to climb very high on the priorities list.
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We've had this nice thread: Payment business: comparison between Bitshares and it's competitors (https://bitsharestalk.org/index.php/topic,20023.0.html).
Does anyone remember a forum thread offering a similar comparison but regrading the exchange business?
Was it a comparison of DEX vs. centralized exchanges?
Yes, I'm looking the thread where this comparison was made.
Does anyone have a link to this thread or remember who started it?
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About a week before the snapshot I made a wallet.json backup of my wallet.
A day before the snapshot I sent my bitshares held on exchanges to the account.
Do I need to need to install 0.9.3c and rescan for the transaction and then export the new wallet for importing into the new 2.0 client.
Or can I just import into 2.0?
Thanks!
I have been trying to get my old wallet to sync, but cant.
Should I still try and import my wallet into the new web-wallet or will I defiantly loose my shares.
It was about $400 worth that I transferred a day before the snap-shot and I couldnt get the wallet to sync in time to make a new back up file. :'(
Don't expect the old client to sync past block 3826650 - that's the last one that I have. If your head block is from Oct 13 you're probably good.
You can just import your old wallet into the web wallet and check if the balance is what you'd expect.
If not, ISTR that someone put up the old blockchain for download somewhere. Use that to sync your old client, the make a backup and import that again. You will not lose any shares as long as you keep backups of all your wallets.
I phrased that poorly. What I meant was use all of your voting power, but pick and choose what you want to vote on and what you want to use a proxy for. (For example, if I want to trust my proxies judgment for most matters, but I'd like to change their vote for a specific proposal, or perhaps hand pick a couple of witnesses)
That's currently not possible, but could be implemented of course. It would make the vote counting algorithm significantly more complicated though and would therefore probably cost a lot to get implemented, so I doubt it's going to climb very high on the priorities list.
Thanks, I'll give it a bash.
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We've had this nice thread: Payment business: comparison between Bitshares and it's competitors (https://bitsharestalk.org/index.php/topic,20023.0.html).
Does anyone remember a forum thread offering a similar comparison but regrading the exchange business?
Was it a comparison of DEX vs. centralized exchanges?
Yes, I'm looking the thread where this comparison was made.
Does anyone have a link to this thread or remember who started it?
No idea, any of these?
https://bitsharestalk.org/index.php?topic=17105.0
https://bitsharestalk.org/index.php?topic=7446.0
https://bitsharestalk.org/index.php/topic,20023.0.html
https://bitsharestalk.org/index.php?topic=16711.0
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About a week before the snapshot I made a wallet.json backup of my wallet.
A day before the snapshot I sent my bitshares held on exchanges to the account.
Do I need to need to install 0.9.3c and rescan for the transaction and then export the new wallet for importing into the new 2.0 client.
Or can I just import into 2.0?
Thanks!
I have been trying to get my old wallet to sync, but cant.
Should I still try and import my wallet into the new web-wallet or will I defiantly loose my shares.
It was about $400 worth that I transferred a day before the snap-shot and I couldnt get the wallet to sync in time to make a new back up file. :'(
Don't expect the old client to sync past block 3826650 - that's the last one that I have. If your head block is from Oct 13 you're probably good.
You can just import your old wallet into the web wallet and check if the balance is what you'd expect.
If not, ISTR that someone put up the old blockchain for download somewhere. Use that to sync your old client, the make a backup and import that again. You will not lose any shares as long as you keep backups of all your wallets.
I phrased that poorly. What I meant was use all of your voting power, but pick and choose what you want to vote on and what you want to use a proxy for. (For example, if I want to trust my proxies judgment for most matters, but I'd like to change their vote for a specific proposal, or perhaps hand pick a couple of witnesses)
That's currently not possible, but could be implemented of course. It would make the vote counting algorithm significantly more complicated though and would therefore probably cost a lot to get implemented, so I doubt it's going to climb very high on the priorities list.
Thanks, I'll give it a bash.
I was given this message when trying to import my wallet: "Please use a BTS 1.0 wallet_export_keys file instead"
When I looked at the tutorial on how to export wallet files, it shows that I did exactly what I was supposed to.
I have been using this tutorial:
http://docs.bitshares.eu/migration/howto-importing-wallet.html
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I was given this message when trying to import my wallet: "Please use a BTS 1.0 wallet_export_keys file instead"
When I looked at the tutorial on how to export wallet files, it shows that I did exactly what I was supposed to.
I have been using this tutorial:
http://docs.bitshares.eu/migration/howto-importing-wallet.html
Did you use 0.9.3c for the export? If not, install 0.9.3c and export again. Sorry if that wasn't clear.
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Which file do I upload to the web wallet where it says "Import Backup"? I have four JSON files in my folder. The folder is dated 12/10/2015 but the JSON files are dated 4/9/2015 (two files) and 4/24/2015 (two files).
I had the original Bitshares wallet and upgraded to the 2.0. After the upgrade I bought some Bitshares and had trouble with the wallet. It was independent of the web wallet. I re-installed the download of the 2.0 and now it just shows up as the web wallet. It is different from the first upload I had.
What's up?
Thanks.
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Which file do I upload to the web wallet where it says "Import Backup"? I have four JSON files in my folder. The folder is dated 12/10/2015 but the JSON files are dated 4/9/2015 (two files) and 4/24/2015 (two files).
I had the original Bitshares wallet and upgraded to the 2.0. After the upgrade I bought some Bitshares and had trouble with the wallet. It was independent of the web wallet. I re-installed the download of the 2.0 and now it just shows up as the web wallet. It is different from the first upload I had.
What's up?
Thanks.
I think the desktop client is just the web wallet running with an invisible browser in the background. Same thing, right?
I would fire up 0.9.3c first. Then make a backup of the the wallet from the menu, saving it on your desktop or something.
Then, through 0.9.3c there's a command you have to run (from the console if linux) that converts your old JSON (the one you just saved) into something Graphene (2.0) can understand. That command is wallet_export_keys I think. More info at this link: http://docs.bitshares.eu/migration/
This creates another new JSON that the new clients can look at and import. Once that's done you'll want to backup your newly imported wallet though 2.0, this time it will save as a .bin file. Then you're good.
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I was given this message when trying to import my wallet: "Please use a BTS 1.0 wallet_export_keys file instead"
When I looked at the tutorial on how to export wallet files, it shows that I did exactly what I was supposed to.
I have been using this tutorial:
http://docs.bitshares.eu/migration/howto-importing-wallet.html
Did you use 0.9.3c for the export? If not, install 0.9.3c and export again. Sorry if that wasn't clear.
Hmmm 0.9.3c is not working (running linux).
I'll try installing it on my windows computer at work (was just concerned about the security as its a network computer).
But at this point really just need to get my money out.
It was all my christmas present money that I was saving :'(
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Which file do I upload to the web wallet where it says "Import Backup"? I have four JSON files in my folder. The folder is dated 12/10/2015 but the JSON files are dated 4/9/2015 (two files) and 4/24/2015 (two files).
I had the original Bitshares wallet and upgraded to the 2.0. After the upgrade I bought some Bitshares and had trouble with the wallet. It was independent of the web wallet. I re-installed the download of the 2.0 and now it just shows up as the web wallet. It is different from the first upload I had.
What's up?
Thanks.
I think the desktop client is just the web wallet running with an invisible browser in the background. Same thing, right?
I would fire up 0.9.3c first. Then make a backup of the the wallet from the menu, saving it on your desktop or something.
Then, through 0.9.3c there's a command you have to run (from the console if linux) that converts your old JSON (the one you just saved) into something Graphene (2.0) can understand. That command is wallet_export_keys I think. More info at this link: http://docs.bitshares.eu/migration/
This creates another new JSON that the new clients can look at and import. Once that's done you'll want to backup your newly imported wallet though 2.0, this time it will save as a .bin file. Then you're good.
I had the old version of .0.9 etc... but never made any purchases under that version. I upgraded to the new 2.0 and traded peercoin for bitshares. So I don't see the need for uploading from the old .0.9 version.
Is this correct?
and yes, I now recognize that the 2.0 is a browser based and there is no independent wallet like other coins. I am learning this and like what I see in Bitshares. I just want to get back to seeing my bitshares in my wallet.
I had problems with java recently but got that fixed. Perhaps it was the problem all along. I will try to insert the files I cut and pasted to my flash drive, from the first installation of 2.0 and see if it works now with the repaired java.
I will wait for your reply about this. Do you still see a need to install the old .0.9 version?
Thank you.
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I will wait for your reply about this. Do you still see a need to install the old .0.9 version?
The web wallet / light wallet can only import files created by 0.9.3c. Those from earlier versions do not work.
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I am back in my old account and found my bitshares.
Wow... had me scared I lost them for a while...
Did have a question about the key... which I have a copy of ... but will work with it as is for a while.
I can get in and see my bitshares... which is great news!!
Whooo Hoooo !
Thanks for the help everyone... btw... I did install the 0.9.3c to get it done...
Thanks again!
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Make a full wallet backup right away and store it somewhere safe TOGETHER with the passphrase ..
-
Hi there,
I have been trying to get 0.9.3c up and running (using windows).
Been trying for over a day now and have the following error: "Severe network problems | Not connected"
Any suggestions? thanks.
-
Hi there,
I have been trying to get 0.9.3c up and running (using windows).
Been trying for over a day now and have the following error: "Severe network problems | Not connected"
Any suggestions? thanks.
That error will NOT disappear simply because the network has been taken down :)
If you see your funds, you are good to go and can make a proper backup as discribed in the migration guide.
Do you see all your funds?
-
I have a couple of questions regarding transfer fees for UIAs (and private MPAs):
(1) A newly created UIA has 2.5k BTS in its fee pool. I know I can easily add funds to the fee pool but who funded the initial 2.5k BTS?
(2) Is it true that 100% of the transfer fees on UIAs (and private MPAs) belong the issuer? (as they show as Unclaimed Issuer Income in the GUI)
(3) If (2) is true, does it mean that:
(a) the BitShares network alows to transfer UIAs (and private MPAs) back and forth between BitShares accounts without getting any revenue for this service?
(b) transfer fees for UIAs (and private MPAs) are exempt from the referral program?
(c) the issuer of UIA (and private MPA) can set the transfer fee on their asset to any arbitrary level (or even zero) by adjusting the Core Exchange Rate?
(4) What is the meaning of "Price per KByte Transaction Size" listed in /explorer/fees?
-
I have a couple of questions regarding transfer fees for UIAs (and private MPAs):
(1) A newly created UIA has 2.5k BTS in its fee pool. I know I can easily add funds to the fee pool but who funded the initial 2.5k BTS?
Half of the creation fee.
(2) Is it true that 100% of the transfer fees on UIAs (and private MPAs) belong the issuer? (as they show as Unclaimed Issuer Income in the GUI)
No when fees are paid in UIA, some BTS (amount is defined by the fee schedule) are deducted from fee pool and paid to the network/referral program, and UIA paid to the issuer. Except the % market fee (by now) which goes to the issuer directly.
(3) If (2) is true, does it mean that:
(a) the BitShares network alows to transfer UIAs (and private MPAs) back and forth between BitShares accounts without getting any revenue for this service?
(b) transfer fees for UIAs (and private MPAs) are exempt from the referral program?
(c) the issuer of UIA (and private MPA) can set the transfer fee on their asset to any arbitrary level (or even zero) by adjusting the Core Exchange Rate?
(4) What is the meaning of "Price per KByte Transaction Size" listed in /explorer/fees?
-
(2) Is it true that 100% of the transfer fees on UIAs (and private MPAs) belong the issuer? (as they show as Unclaimed Issuer Income in the GUI)
No when fees are paid in UIA, some BTS (amount is defined by the fee schedule) are deducted from fee pool and paid to the network/referral program, and UIA paid to the issuer.
OK, that makes sense.
This is actually what I originally thought but the unfinished GUI support caused my confusion - the fee pool amounts shown on an asset's details page are presented in a raw format.
This should be fixed ASAP, I've posted this on github:
https://github.com/cryptonomex/graphene-ui/issues/618
-
So just this little item remains a mystery for me:
"Price per KByte Transaction Size" - when does it apply?
-
So just this little item remains a mystery for me:
"Price per KByte Transaction Size" - when does it apply?
http://cryptofresh.com/fees
For example if you transfer or issue some assets with memo it will apply. Imho it's rather annoying, since most transfers are with memos, as a result fees are always different and fractional. We'd better set a "free" memo size which charges no extra per KBytes fee.
-
Make a full wallet backup right away and store it somewhere safe TOGETHER with the passphrase ..
First, I had a the older wallet and got the password and passphrase down on paper. Does the passphrase change when upgraded to 2.0? Or is there another passphrase generated?
Thanks
-
Make a full wallet backup right away and store it somewhere safe TOGETHER with the passphrase ..
First, I had a the older wallet and got the password and passphrase down on paper. Does the passphrase change when upgraded to 2.0? Or is there another passphrase generated?
Thanks
The passphrase does not change. It's the same.
-
Make a full wallet backup right away and store it somewhere safe TOGETHER with the passphrase ..
First, I had a the older wallet and got the password and passphrase down on paper. Does the passphrase change when upgraded to 2.0? Or is there another passphrase generated?
Thanks
The passphrase does not change. It's the same.
I do use different passphrases for 0.9 and 2.0.
-
Make a full wallet backup right away and store it somewhere safe TOGETHER with the passphrase ..
First, I had a the older wallet and got the password and passphrase down on paper. Does the passphrase change when upgraded to 2.0? Or is there another passphrase generated?
Thanks
The passphrase does not change. It's the same.
I do use different passphrases for 0.9 and 2.0.
I'll be more specific:
To create a new wallet under 2.0 you can use any passphrase you like. But during the process of importing 0.9 funds into 2.0 you'll need to use the 0.9 passphrase.
So the whole process goes like this:
(1) First you create a new wallet in 2.0 and create any passphrase you like.
(2) Then you do the import of 0.9 funds and for that you'll need to use the 0.9 passphrase.
(3) After a successful import the 0.9 passphrase is not needed any more. From now on, the only passphrase needed is the one you created in (1)
-
Hi there,
I have been trying to get 0.9.3c up and running (using windows).
Been trying for over a day now and have the following error: "Severe network problems | Not connected"
Any suggestions? thanks.
That error will NOT disappear simply because the network has been taken down :)
If you see your funds, you are good to go and can make a proper backup as discribed in the migration guide.
Do you see all your funds?
Thanks Xeroc!
You are a life saver!
Got it all sorted now.
I was really starting to worry that I may have to try and explain to the gf that I lots my christmas present savings on the blockchain
(http://vignette4.wikia.nocookie.net/seuss/images/2/27/The_grinch.jpg/revision/latest?cb=20130122180708)
-
I think the migration process is now finished after @jcalfee1 integrated a bloom filter into GUI, which has been released in November.
Has the migration problem been completely solved yet, as @abit says?
Where was it announced? I must have missed it.
-
I think the migration process is now finished after @jcalfee1 integrated a bloom filter into GUI, which has been released in November.
Has the migration problem been completely solved yet, as @abit says?
Where was it announced? I must have missed it.
See https://bitsharestalk.org/index.php/topic,19557.msg251364.html
Haven't found an explicit announcement though.
-
I think the migration process is now finished after @jcalfee1 integrated a bloom filter into GUI, which has been released in November.
Has the migration problem been completely solved yet, as @abit says?
Where was it announced? I must have missed it.
See https://bitsharestalk.org/index.php/topic,19557.msg251364.html
Haven't found an explicit announcement though.
Thanks, abit.
@Stan, it's a bit overdue but would you consider announcing this properly in your Winter Storm announcement thread?
It's a shame we have spent a lot of effort on this important tool but failed to communicate the outcome in a proper way.
There might be still people out there who don't know about this (e.g. I was not aware).
-
I think the migration process is now finished after @jcalfee1 integrated a bloom filter into GUI, which has been released in November.
Has the migration problem been completely solved yet, as @abit says?
Where was it announced? I must have missed it.
See https://bitsharestalk.org/index.php/topic,19557.msg251364.html
Haven't found an explicit announcement though.
Thanks, abit.
@Stan, it's a bit overdue but would you consider announcing this properly in your Winter Storm announcement thread?
It's a shame we have spent a lot of effort on this important tool but failed to communicate the outcome in a proper way.
There might be still people out there who don't know about this (e.g. I was not aware).
Sure. Does somebody have a nice succinct summary?
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Sure. Does somebody have a nice succinct summary?
I think @jcalfee1 is the best person to talk to, as it's him who created the tool.
-
I tried to make a purchase of USD using Bitshares. Not sure what happened but the trade did not go through. First time I try this trading within the wallet from Bitshares to USD (BitUSD, I presume).
Can someone please check block 2235350 and block 2236021
and tell me what I did wrong.
Also, is there any way to cancel the transaction that has not gone through? My total count of Bitshares shows that some were take out for the transaction but it did not go through. Not much there but I am just learning this trading process.
Thank you.
-
I tried to make a purchase of USD using Bitshares. Not sure what happened but the trade did not go through. First time I try this trading within the wallet from Bitshares to USD (BitUSD, I presume).
Can someone please check block 2235350 and block 2236021
and tell me what I did wrong.
Also, is there any way to cancel the transaction that has not gone through? My total count of Bitshares shows that some were take out for the transaction but it did not go through. Not much there but I am just learning this trading process.
Thank you.
Last time I tried to buy from the orders sitting on the book because of some problem with the decimal part, instead of buying, it placed a buy order 0.000001 below the price or something like that, tried doing it 0.000001 above the price and it should work
-
I tried to make a purchase of USD using Bitshares. Not sure what happened but the trade did not go through. First time I try this trading within the wallet from Bitshares to USD (BitUSD, I presume).
Can someone please check block 2235350 and block 2236021
and tell me what I did wrong.
You may have done nothing wrong. Sometimes, the GUI places the order
wrong by a slight fraction (rounding issue.
Try to manually place an order at slightly higher price. Your order will
get filled at the offered price though.
Also, is there any way to cancel the transaction that has not gone
through? My total count of Bitshares shows that some were take out for
the transaction but it did not go through. Not much there but I am just
learning this trading process.
Below the order book there are your open orders
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Stupid question... won't the 200-300% collateral requirement drive users to other solutions, where they don't need to spend 2-3 times as much in order to acquire an asset?
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Stupid question... won't the 200-300% collateral requirement drive users to other solutions, where they don't need to spend 2-3 times as much in order to acquire an asset?
The collateral requirement is only relevant for investors, speculators and market makers.
Ordinary users are supposed to buy bitassets on exchanges and gateways.
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Stupid question... won't the 200-300% collateral requirement drive users to other solutions, where they don't need to spend 2-3 times as much in order to acquire an asset?
The collateral requirement is only relevant for investors, speculators and market makers.
Ordinary users are supposed to buy bitassets on exchanges and gateways.
Indeed. So investors and speculators have to put in 2-3 times as much, same as market makers.. could this be a deterrent to offer liquidity, and is it perhaps related to the lack of liquidity we see? (correlation does not imply causation, but I find it an intriguing matter)
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What is BSIP :)
-
What is BSIP :)
Bitshares Improvement Proposal
see github.com/bitshares/bsips
-
Thanks xeroc :)
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Okay, can someone wrap up the last two years for me?
- PTS went PTS-DPOS? I can import my old PTS wallet in PTS-DPOS now? Is PTS-DPOS still running?
- AGS went straight into BTS. Or is there anything else?
- BTS is still BTS? What is BTS 2.0 in a nutshell?
- Does I3 still exist?
- How are you doing?
I know I could read up all the forums, but a quick overview would be appreciated.
-
- PTS went PTS-DPOS? I can import my old PTS wallet in PTS-DPOS now? Is PTS-DPOS still running?
- AGS went straight into BTS. Or is there anything else?
- BTS is still BTS? What is BTS 2.0 in a nutshell?
- Does I3 still exist?
- How are you doing?
1) PTS has been upgraded to PTS-DPOS .. not sure if it is still running.
At least no one I know of is using it :)
2) AGS has been sharedropped "half" of the BTS
3) BTS(1) has been "upgraded" into BTS2 with a 'pitch fork' ..
Essentially everything was moved over (except for transaction histories
and open orders) .. see http://docs.bitshares.eu/migration/
4) I3 does no longer exist. To separate business (for legal and tax
reaons I think), Dan created a new company called Cryptonomex (CNX) that
has developed Grapehene (the core technology of BTS)
5) Fine .. Heading for FrankfurtMain shortly to get some legal
clarification about Peermit.com (2FA authentication service for
BitShares)
-
- PTS went PTS-DPOS? I can import my old PTS wallet in PTS-DPOS now? Is PTS-DPOS still running?
- AGS went straight into BTS. Or is there anything else?
- BTS is still BTS? What is BTS 2.0 in a nutshell?
- Does I3 still exist?
- How are you doing?
1) PTS has been upgraded to PTS-DPOS .. not sure if it is still running.
At least no one I know of is using it :)
2) AGS has been sharedropped "half" of the BTS
3) BTS(1) has been "upgraded" into BTS2 with a 'pitch fork' ..
Essentially everything was moved over (except for transaction histories
and open orders) .. see http://docs.bitshares.eu/migration/
4) I3 does no longer exist. To separate business (for legal and tax
reaons I think), Dan created a new company called Cryptonomex (CNX) that
has developed Grapehene (the core technology of BTS)
5) Fine .. Heading for FrankfurtMain shortly to get some legal
clarification about Peermit.com (2FA authentication service for
BitShares)
Other Rip Van Winkle factoids:
6 ) Ronny Boesing at the CCEDK exchange has adopted BitShares and is pouring a ton of energy converting his exchange into OpenLedger.info - a decentralized exchange network that is open for other exchanges to build on and share market depth, network effect, and products and services. It makes its order books public by using the BitShares blockchain as its back end. This is providing us with some much needed effort at building the business and marketing it to new customers.
7 ) There are many other partners who are also building their businesses on top of BitShares. Lest I leave anyone out, I'll leave it to each of them to add a paragraph to this list.
8 ) After the AGS donations were fully utilized in 2014, the developers formed Cryptonomex to continue to do development for BitShares based on our developers' own sweat equity. There are about twenty such stakeholders sweating for equity, most from this community. This led to the lightspeed Graphene Toolkit (limited only by the speed of light and the dimensions of this planet).
9 ) Cryptonomex donated it's Graphene Toolkit to BitShares and the community upgraded to BitShares 2.0 in September.
10 ) BitShares 2.0 is the first "real time" DAC which runs at 3 second block times (scalable to 1 second and 100,000 transactions per second) compared to, say, bitcoin's 600 second block times and 7 transactions per second.
11 ) All sorts of new BitShares 2.0 features are summarized on the home page at BitShares.org. In particular check out the referral program. You can earn up to 80% of the lifetime network fees of every user you sign up.
12 ) We invented a new kind of tradable asset to go with Market Pegged Assets (MPA) and User Issued Assets (UIA). These are called Fee Backed Assets (FBA). FBAs are UIAs that have been hardwired to pay their holders a share of the fees generated by some new function or service on the BitShares blockchain. This provides a new incentive for new developers to add features and get paid for their efforts. In effect, an FBA is a mini-DAC that shares the BitShares blockchain. It also gives BitShares interesting new assets to trade that you can't get anywhere else.
13 ) This year Cryptonomex continues to support BitShares in several ways:
a. Using its own funds, it is building new FBAs to generate development revenue and drive traffic to BitShares.
b. Using community funds, it continues to build community priorities - determined by voting.
c. We continue to support other partners with consulting services to grow the number of businesses using BitShares.
14 ) What else am I forgetting?
Other than that, the developers have been mostly slacking off and taking unfair advantage of the poor unfortunate badly abused trolls. :)
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12 ) We invented a new kind of tradable asset to go with Market Pegged Assets (MPA) and User Issued Assets (UIA). These are called Fee Backed Assets (FBA). FBAs are UIAs that have been hardwired to pay their holders a share of the fees generated by some new function or service on the BitShares blockchain. This provides a new incentive for new developers to add features and get paid for their efforts. In effect, an FBA is a mini-DAC that shares the BitShares blockchain. It also gives BitShares interesting new assets to trade that you can't get anywhere else.
Uh, oh, I like that one very much. Will look into it.
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12 ) We invented a new kind of tradable asset to go with Market Pegged Assets (MPA) and User Issued Assets (UIA). These are called Fee Backed Assets (FBA). FBAs are UIAs that have been hardwired to pay their holders a share of the fees generated by some new function or service on the BitShares blockchain. This provides a new incentive for new developers to add features and get paid for their efforts. In effect, an FBA is a mini-DAC that shares the BitShares blockchain. It also gives BitShares interesting new assets to trade that you can't get anywhere else.
Uh, oh, I like that one very much. Will look into it.
Unfortunately there's not much information about it yet.
Since this is a questions thread... When there will be info page about FBA on Bitshares website? White paper would be even better, but I guess that have to wait.
-
Good point. We need to get that in place.
-
12 ) We invented a new kind of tradable asset to go with Market Pegged Assets (MPA) and User Issued Assets (UIA). These are called Fee Backed Assets (FBA). FBAs are UIAs that have been hardwired to pay their holders a share of the fees generated by some new function or service on the BitShares blockchain. This provides a new incentive for new developers to add features and get paid for their efforts. In effect, an FBA is a mini-DAC that shares the BitShares blockchain. It also gives BitShares interesting new assets to trade that you can't get anywhere else.
Uh, oh, I like that one very much. Will look into it.
Unfortunately there's not much information about it yet.
Since this is a questions thread... When there will be info page about FBA on Bitshares website? White paper would be even better, but I guess that have to wait.
There is a bsips for it .. iirc bsips#7
http://github.com/bitshares/bsips
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Unfortunately there's not much information about it yet.
Since this is a questions thread... When there will be info page about FBA on Bitshares website? White paper would be even better, but I guess that have to wait.
There is a bsips for it .. iirc bsips#7
http://github.com/bitshares/bsips
Cool! Thanks, didn't have noticed that one yet.
-
9 ) Cryptonomex donated it's Graphene Toolkit to BitShares and the community upgraded to BitShares 2.0 in September.
@Stan , does it mean that this proposal (https://github.com/cryptonomex/graphene/issues/447) involving 10M BTS to be paid to CNX is no longer applicable?
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9 ) Cryptonomex donated it's Graphene Toolkit to BitShares and the community upgraded to BitShares 2.0 in September.
@Stan , does it mean that this proposal (https://github.com/cryptonomex/graphene/issues/447) involving 10M BTS to be paid to CNX is no longer applicable?
Yes. You get it for free.
-
What is the difference between public and private testnet as described here?
http://docs.bitshares.eu/testnet/index.html
-
Not much .. the biggest difference is that public testnest are intended for wider audience ....
I should probably clarify this in the docs ..
-
(1) How can I import to my CLI client a wallet originally created in the web GUI?
I would expect something like "restore_backup" command that would accept a *.bin wallet file.
(2) I'd like to create and register a new account in my CLI wallet and pay for the registration from an existing account in the web GUI.
How do I do this? A step by step guide would be appreciated.
-
(1) How can I import to my CLI client a wallet originally created in the web GUI?
I would expect something like "restore_backup" command that would accept a *.bin wallet file.
CLI and WEB wallet are two separated applications. They use separated ways to represent backups. I think you can currently only manually import keys from the gui into the cli.
(2) I'd like to create and register a new account in my CLI wallet and pay for the registration from an existing account in the web GUI.
How do I do this? A step by step guide would be appreciated.
I think it doesn't work that way with the current implementation. But you can work around it but importing an active key of an account that has funds:
1) In the gui, go to the permissions tab of an account that is funded
2) klick on the BTS.... pubkey on the ACTIVE tab and copy the private key
3) in the cli-wallet run: import_key <accountname> "privkey"
4) then run: suggest_brain_key .... and copy the brain key (make a backup somewhere)
5) create a new account with
create_account_with_brain_key "<brainkey>" <new_account_name> <imported_name> <imported_name> true
This will create a new account called new_account_name and set the registrar and referrer to "imported_name".
The brainkey can be used to regenerate the account (even in the gui wallet)
you can manually delete the other active key from the "wallet.json" file
-
I think it doesn't work that way with the current implementation. But you can work around it but importing an active key of an account that has funds:
1) In the gui, go to the permissions tab of an account that is funded
2) klick on the BTS.... pubkey on the ACTIVE tab and copy the private key
3) in the cli-wallet run: import_key <accountname> "privkey"
4) then run: suggest_brain_key .... and copy the brain key (make a backup somewhere)
5) create a new account with
create_account_with_brain_key "<brainkey>" <new_account_name> <imported_name> <imported_name> true
This will create a new account called new_account_name and set the registrar and referrer to "imported_name".
The brainkey can be used to regenerate the account (even in the gui wallet)
you can manually delete the other active key from the "wallet.json" file
Thanks, @xeroc , that was very helpful.
I guess the <imported_name> account needs to be LTM for this to work.
I wonder how OpenLedger solves this for first-time users. They offer you an empty wallet with an account name of your choice already registered but without having access to your private key.
How do they achieve this?
PS. I am going through your http://docs.bitshares.eu documentation and I think I'll have plenty of amendments to offer as there are many gaps in it - such as the issue described above.
One of the first things a user needs to have to be able to play with the CLI is an account with some funds in it - your guide does not address this explicitly.
So right now I am making a list of all the little (but essential) things that are missing in your docs.
-
(1) How can I close the CLI client in a clean way?
There seems to be no command for that (something like "exit" or "quit") and closing the whole window produces a nasty exception.
(2) Regarding the witness node, is it safe to delete logs stored here?
witness_node_data_dir\logs\p2p
They occupy a lot of disk space.
PS. Shall we have a separate "Stupid Questions Thread" dedicated purely to CLI and technical issues regarding Graphene?
Maybe a separate forum thread would be a good way to fill in the gaps in the docs.bitshares.eu documentation.
-
(1) How can I close the CLI client in a clean way?
There seems to be no command for that (something like "exit" or "quit") and closing the whole window produces a nasty exception.
Under Linux you'd type CTRL-D to signal end-of-input.
(2) Regarding the witness node, is it safe to delete logs stored here?
witness_node_data_dir\logs\p2p
They occupy a lot of disk space.
Yes, but
- they're rotated automatically after 24 hours I think
- if you delete them anyway you should probably modify config.ini so they aren't written to disk in the first place.
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PS. I am going through your http://docs.bitshares.eu documentation and I think I'll have plenty of amendments to offer as there are many gaps in it - such as the issue described above.
One of the first things a user needs to have to be able to play with the CLI is an account with some funds in it - your guide does not address this explicitly.
So right now I am making a list of all the little (but essential) things that are missing in your docs.
@xeroc, I have started compiling a list of technical FAQs:
https://github.com/neura-sx/neura-sx.github.io/blob/master/BitShares%202.0%20FAQs.md
All of them are issues I've come across when trying to use the CLI and understand how it works.
The answers are based on the feedback I got from the forum (especially from abit, xeroc & pc)
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@xeroc, I have started compiling a list of technical FAQs:
https://github.com/neura-sx/neura-sx.github.io/blob/master/BitShares%202.0%20FAQs.md
All of them are issues I've come across when trying to use the CLI and understand how it works.
The answers are based on the feedback I got from the forum (especially from abit, xeroc & pc)
PS. I am going through your http://docs.bitshares.eu documentation and I think I'll have plenty of amendments to offer as there are many gaps in it - such as the issue described above.
One of the first things a user needs to have to be able to play with the CLI is an account with some funds in it - your guide does not address this explicitly.
So right now I am making a list of all the little (but essential) things that are missing in your docs.
Very cool. I'll look over it.
If you want to contribute more to the docs, I would be happy to add you to the github repository:
https://github.com/BitSharesEurope/docs.bitshares.eu
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You can manually delete the other active key from the "wallet.json" file
Is it possible to remove a private key from the "wallet.json" file?
If so, how is it done?
-
I have my witness node running locally with these settings:
# Endpoint for websocket RPC to listen on
rpc-endpoint = localhost:8090
What should I enter as the API connection in the GUI to be able to connect to my witness node?
I've tried:
wss://localhost
wss://localhost:8090
wss://localhost:8090/wsbut none of these seem to work.
-
I have my witness node running locally with these settings:
# Endpoint for websocket RPC to listen on
rpc-endpoint = localhost:8090
What should I enter as the API connection in the GUI to be able to connect to my witness node?
I've tried:
wss://localhost
wss://localhost:8090
wss://localhost:8090/wsbut none of these seem to work.
Try ws://localhost:8090 - wss is for websocket-secure (i. e. SSL/TLS-protected). You need wss for the rpc-tls-endpoint, if you have configured one.
-
I have my witness node running locally with these settings:
# Endpoint for websocket RPC to listen on
rpc-endpoint = localhost:8090
What should I enter as the API connection in the GUI to be able to connect to my witness node?
I've tried:
wss://localhost
wss://localhost:8090
wss://localhost:8090/wsbut none of these seem to work.
Try ws://localhost:8090 - wss is for websocket-secure (i. e. SSL/TLS-protected). You need wss for the rpc-tls-endpoint, if you have configured one.
The GUI allows me to use the wss protocol only (when I type "ws" it changes it to "wss" automatically).
So I've tried to run the witness with rpc-tls-endpoint enabled:
witness_node --rpc-tls-endpoint 127.0.0.1:8089
And I've set the API connection in the GUI to this:
wss://127.0.0.1:8089
But still I get this error in the GUI:
WebSocket connection to 'wss://127.0.0.1:8089/' failed: Error in connection establishment: net::ERR_CONNECTION_REFUSED
PS. If anyone can help please do, but I'll move this issue to the support thread as it has become too technical to be qualified as a "stupid question".
https://bitsharestalk.org/index.php/topic,20185.msg273547.html#msg273547
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sudo npm install -g wscat
wscat -n -c ws://localhost:8090
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sudo npm install -g wscat
wscat -n -c ws://localhost:8090
My local witness node:
witness_node --rpc-endpoint 127.0.0.1:8090 --rpc-tls-endpoint 127.0.0.1:8089
Here are the results from wscat:
wscat -n -c ws://localhost:8090connected
wscat -n -c wss://localhost:8090no response
wscat -n -c ws://localhost:8089error: Error: connect ECONNREFUSED 127.0.0.1:8089
wscat -n -c wss://localhost:8089error: Error: connect ECONNREFUSED 127.0.0.1:8089
So it looks like only ws://localhost:8090 works but the GUI will accept only an entry starting with "wss".
Is it a bug then? Should I ask @svk to remove this "wss" protocol enforcement and allow "ws" as well?
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sudo npm install -g wscat
wscat -n -c ws://localhost:8090
My local witness node:
witness_node --rpc-endpoint 127.0.0.1:8090 --rpc-tls-endpoint 127.0.0.1:8089
Here are the results from wscat:
wscat -n -c ws://localhost:8090connected
wscat -n -c wss://localhost:8090no response
wscat -n -c ws://localhost:8089error: Error: connect ECONNREFUSED 127.0.0.1:8089
wscat -n -c wss://localhost:8089error: Error: connect ECONNREFUSED 127.0.0.1:8089
So it looks like only ws://localhost:8090 works but the GUI will accept only an entry starting with "wss".
Is it a bug then? Should I ask @svk to remove this "wss" protocol enforcement and allow "ws" as well?
There's a simple reason I enforce wss: browser's don't let you connect to a non-secure (ws) url from a secure domain (https). So if you're using the hosted wallet on openledger, you can only use wss apis. If you're running the GUI locally, you can use wss or ws.
I wanted to tell @valzav to exclude the ws apis from the openledger build but forgot to mention it.
-
There's a simple reason I enforce wss: browser's don't let you connect to a non-secure (ws) url from a secure domain (https). So if you're using the hosted wallet on openledger, you can only use wss apis. If you're running the GUI locally, you can use wss or ws.
I wanted to tell @valzav to exclude the ws apis from the openledger build but forgot to mention it.
So is there a way to connect the OpenLedger GUI with a locally run witness node?
If so, what parameters should I use for the witness node?
I've tried:
witness_node --rpc-tls-endpoint 127.0.0.1:8089hoping this one would be compatible with "wss" but it does not work.
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you can't run a TLS enpoint if you don't offer the node a CERTIFICATE
--server-pem
--server-pem-password
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There's a simple reason I enforce wss: browser's don't let you connect to a non-secure (ws) url from a secure domain (https). So if you're using the hosted wallet on openledger, you can only use wss apis. If you're running the GUI locally, you can use wss or ws.
I wanted to tell @valzav to exclude the ws apis from the openledger build but forgot to mention it.
So is there a way to connect the OpenLedger GUI with a locally run witness node?
If so, what parameters should I use for the witness node?
I've tried:
witness_node --rpc-tls-endpoint 127.0.0.1:8089hoping this one would be compatible with "wss" but it does not work.
Only if you get a TLS certificate and run a proxy server for incoming traffic that proxies the ws server of the witness node. Not sure the witness can really run a wss socket, for OpenLedger valzav uses a nginx proxy.
-
There's a simple reason I enforce wss: browser's don't let you connect to a non-secure (ws) url from a secure domain (https). So if you're using the hosted wallet on openledger, you can only use wss apis. If you're running the GUI locally, you can use wss or ws.
I wanted to tell @valzav to exclude the ws apis from the openledger build but forgot to mention it.
So is there a way to connect the OpenLedger GUI with a locally run witness node?
If so, what parameters should I use for the witness node?
I've tried:
witness_node --rpc-tls-endpoint 127.0.0.1:8089hoping this one would be compatible with "wss" but it does not work.
There used to be, when the OL client was initially launched, but I have noticed for a week or 2 now that when I try to point the OL client to my local witness node (under settings, API connection) it won't accept the change, at least on my dev box which I change fairly frequently in one way or another.
However, right now I am using the same browser that I used in October, and the OL client on that system is cached, so I am able to get current info from my local node (wss://192.168.9.11/ws).
I find this interesting. How long with my cache stay "stale", and if I refresh it will I loose my wallet (it is backed up of course)?
-
There's a simple reason I enforce wss: browser's don't let you connect to a non-secure (ws) url from a secure domain (https). So if you're using the hosted wallet on openledger, you can only use wss apis. If you're running the GUI locally, you can use wss or ws.
I wanted to tell @valzav to exclude the ws apis from the openledger build but forgot to mention it.
So is there a way to connect the OpenLedger GUI with a locally run witness node?
If so, what parameters should I use for the witness node?
I've tried:
witness_node --rpc-tls-endpoint 127.0.0.1:8089hoping this one would be compatible with "wss" but it does not work.
Only if you get a TLS certificate and run a proxy server for incoming traffic that proxies the ws server of the witness node. Not sure the witness can really run a wss socket, for OpenLedger valzav uses a nginx proxy.
@xeroc
So this effectively means that, unless you want to employ a TLS certificate and run a proxy server, this part (http://docs.bitshares.eu/bitshares/tutorials/full-node-usage.html) of the documentation applies only to the light wallet GUI, not the hosted GUI, correct?
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The testnet run an unencrypted ws:// websocket and thus there is no certificate and no encryption of data transmission between the client and the hosted wallet ...
if I wanted to have it encrypted, I would need to get an SSL certificate ..
the setup of openledger however uses an unecryted communication to the witness BUT only proxies by the webserver ..
essentially, in OL, the witness only listens to localhost on some port .. and the webserver `nginx` proxies the communication through SSL
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if I wanted to have it encrypted, I would need to get an SSL certificate ..
Hint: https://gethttpsforfree.com/
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I proxy the wss using nginx and a self signed cert. I posted the details of that here on the forum somewhere. The OL wallet connects to my local node with an encrypted connection. The ability to change that connection appears to have been removed now.
I was surprised when that happened. It's not an unreasonable restriction however. I presume (I have yet to try it) the light wallet diverges from the OL wallet in this regard, at least I hope it does. Otherwise the wss connection url has to be hardcoded and that doesn't seem like a good idea for the light wallet.
Once the light wallet is customized and ready to be deployed for a specific organization (for example, OL), THEN the connection could be hardcoded to a clustered server URL address for that organization.
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You can manually delete the other active key from the "wallet.json" file
Is it possible to remove a private key from the "wallet.json" file?
If so, how is it done?
What about this one ^ ?
Does anybody know?
-
You can manually delete the other active key from the "wallet.json" file
Is it possible to remove a private key from the "wallet.json" file?
If so, how is it done?
What about this one ^ ?
Does anybody know?
my apologies, I though I answered that question already ..
Actually thinking it through, you cannot delete any of your keys from the wallet IF they have been generated through a brain key .. then you would need to delete the brain key to not be able to rederive the private keys ..
the wallet for the cli-wallet is just a json file. You can open it up and actually "read" what it contains .. the parameters are mostly self-explaining.
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the wallet for the cli-wallet is just a json file. You can open it up and actually "read" what it contains .. the parameters are mostly self-explaining.
This is a fragment of the my wallet.json file in testnet:
"chain_id": "39f5e2ede1f8bc1a3a54a7914414e3779e33193f1f5693510e73cb7a87617447",
"my_accounts": [{
"id": "1.2.41",
...
},{
"id": "1.2.51",
....
}
],
"cipher_keys": "f54eb8fcc7867c141f9fb6943dada2bbd...a6f755b277f048eabdb31db1b4a6",
The only entry that looks sensitive is the cipher_keys entry.
Are cipher_keys the place where all the private keys (i.e. the ones stored in this wallet) are kept?
If so, they are encoded with the wallet password, aren't they?
So if anybody gets hold of my cipher_keys but does not know the wallet password, I'm still safe, right?
-
It seems I was wrong ..
The cli-wallet obviously packs them all together into a single value in the file ..
that then means that you cannot simply remove private keys from the file ..
Not sure what the motivation behind this is/was and I have no idea how to interpret the cipher_keys but I guess it's another json object serialized and encrypted with your password .. but I can't say for sure.
As a result, removing individual keys is going to be even more difficult to realize :(
-
As a result, removing individual keys is going to be even more difficult to realize :(
There is always this work-around available: you can create a new wallet.json file and import all keys from the previous wallet except the ones you wanted to remove.
Thanks, xeroc, for your help.
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Is there a newbie tutorial or information page or a video for how to use the BitShares 2.0 wallet?
I just started with BitShares but cannot find a guide for how to use the wallet. I've searched here, on YouTube, googled, and the Help link in the wallet, but so far I've come up empty.
As a nOOb, there's so much I don't understand and I'm trying to get up to speed, but I need most just simple information on how to use the BitShares 2.0 wallet.
Thanks in advance.
-
https://m.youtube.com/watch?feature=youtu.be&v=ttN0flPsnBc
https://m.youtube.com/watch?feature=youtu.be&v=h44H_Sy7Pf4
https://m.youtube.com/watch?v=FQA9Ccg1KWI
-
http://docs.bitshares.eu/bitshares/user
-
Thanks so much. Very helpful. :)
-
When can we expect Moonstone? Last time I talked with the team around October if I'm not mistaken, I was told 2 months. Any news other than the beyond bitcoin show Taulant gave?
-
My "stupid question" number two: Now that I have 40K BTS on my BitShares 2.0, what do I do with them?
-
OK, so I didn't get any answers to my last post, I'll rephrase my stupid question and see if that gets answers. LOL
I have BitShares 2.0 on my desktop, and purchased 40+k of BitShares. I want to do more with it than just hold it. I'd like to learn how to do more with it, but I don't understand how to use BitShares 2.0, nor do I understand most of the terms or how to trade. Yes, I probably seem like a complete idiot to experienced traders, but everyone has to start somewhere, and I don't even know where to or how to start.
Lest you think I'm just lazy or haven't been trying to get answers, I've been all over it! There just does not seem to be basic information for newbies - anywhere. Or maybe I just haven't come across it yet. Whatever the case, if anyone could point me in the right direction, I'll go do the work.
I have read through whatever I can find, but everything seems to assume that the reader already knows stuff. I do not know and the learning curve is very steep, so I need to start right at the beginning, and learn everything step by step. Can anyone offer any help?
Thanks in advance!
-
I think if you ask more specific questions you're more likely to get answers.
-
Unclaimed issuer income / trade fees/ fee pool. @puppies @abit @Akado
These fees collected that the committee has control over and we are debating their use in the main forum.
Why are these even collected? I thought fees were paid in bts and sent to the reserve pool.
what is the point of these fees and why does the committe have control over them.
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Ok thanks my friend.
How do I use BitShares 2.0 to buy, for instance BTS:SILVER? I see under "Trade" that there are amounts to fill in under "Buy BTS." But I do not want to buy more BTS, I'm wanting to buy BTS:SILVER (just for example): Then it has spaces to fill in: Price, Amount, and Total. Do I just fill in a made up price I want to buy this for? How do I know how much to offer?
See...really newbie questions, and it seems like there should be some place I can get this basic information, rather than having the good folks here explain it to me. As a master artist, I cringe at the thought of someone asking me: "Which end of the brush do you hold?" duh :) I don't mind doing the work of learning, but I need a resource, a book, a tutorial, a video, anything, to show me from the very beginning how this all works.
Thanks again.
-
Unclaimed issuer income / trade fees/ fee pool. @puppies @abit @Akado
These fees collected that the committee has control over and we are debating their use in the main forum.
Why are these even collected? I thought fees were paid in bts and sent to the reserve pool.
what is the point of these fees and why does the committe have control over them.
I also wonder about that too.
i don't get where are these BTS are coming from?
It is the fees collected by the fee pool that we have withdrawn from the committee owned assets. We do not currently have BTS. We have bitassets. Once we sell these bitassets and have BTS then we will need to decide what to do with that BTS.
Ok thanks my friend.
How do I use BitShares 2.0 to buy, for instance BTS:SILVER? I see under "Trade" that there are amounts to fill in under "Buy BTS." But I do not want to buy more BTS, I'm wanting to buy BTS:SILVER (just for example): Then it has spaces to fill in: Price, Amount, and Total. Do I just fill in a made up price I want to buy this for? How do I know how much to offer?
See...really newbie questions, and it seems like there should be some place I can get this basic information, rather than having the good folks here explain it to me. As a master artist, I cringe at the thought of someone asking me: "Which end of the brush do you hold?" duh :) I don't mind doing the work of learning, but I need a resource, a book, a tutorial, a video, anything, to show me from the very beginning how this all works.
Thanks again.
@Watercolorist
Have you used any Bitcoin exchange? What did you do when you bought your BTC? If you used an exchange to buy BTC with fiat, it's the exact same process, just with different assets.
Fill the "Sell BTS" section. That way you're selling your BTS for Silver in your example. Well you can fill it with whatever price you want, doesn't mean someone else will match your order. There's a feed price provided by witnesses. That is in theory the "fair" price. It takes the current price of the asset in real life and converts it to BTS. You can check them here http://cryptofresh.com/assets.
In your case, the "fair" price should be 4,020 BTS per 1 troy ounce .999 fine silver. However most assets trade above the feed price because our markets currently don't have much liquidity, which is something we're trying to improve!
OpenLedger is currently working on a few videos to explain people how to use teh exchange and show a few usecases, hopefully those will be able to help you with any future doubts you might have. But feel free to ask anything you want.
-
Unclaimed issuer income / trade fees/ fee pool. @puppies @abit @Akado
These fees collected that the committee has control over and we are debating their use in the main forum.
Why are these even collected? I thought fees were paid in bts and sent to the reserve pool.
what is the point of these fees and why does the committe have control over them.
I also wonder about that too.
i don't get where are these BTS are coming from?
It is the fees collected by the fee pool that we have withdrawn from the committee owned assets. We do not currently have BTS. We have bitassets. Once we sell these bitassets and have BTS then we will need to decide what to do with that BTS.
Ok thanks my friend.
How do I use BitShares 2.0 to buy, for instance BTS:SILVER? I see under "Trade" that there are amounts to fill in under "Buy BTS." But I do not want to buy more BTS, I'm wanting to buy BTS:SILVER (just for example): Then it has spaces to fill in: Price, Amount, and Total. Do I just fill in a made up price I want to buy this for? How do I know how much to offer?
See...really newbie questions, and it seems like there should be some place I can get this basic information, rather than having the good folks here explain it to me. As a master artist, I cringe at the thought of someone asking me: "Which end of the brush do you hold?" duh :) I don't mind doing the work of learning, but I need a resource, a book, a tutorial, a video, anything, to show me from the very beginning how this all works.
Thanks again.
@Watercolorist
Have you used any Bitcoin exchange? What did you do when you bought your BTC? If you used an exchange to buy BTC with fiat, it's the exact same process, just with different assets.
Fill the "Sell BTS" section. That way you're selling your BTS for Silver in your example. Well you can fill it with whatever price you want, doesn't mean someone else will match your order. There's a feed price provided by witnesses. That is in theory the "fair" price. It takes the current price of the asset in real life and converts it to BTS. You can check them here http://cryptofresh.com/assets.
In your case, the "fair" price should be 4,020 BTS per 1 troy ounce .999 fine silver. However most assets trade above the feed price because our markets currently don't have much liquidity, which is something we're trying to improve!
OpenLedger is currently working on a few videos to explain people how to use teh exchange and show a few usecases, hopefully those will be able to help you with any future doubts you might have. But feel free to ask anything you want.
Wow! Thanks SO much!
Yes, I've used Coinbase, ShapeShift, and Metaexchange.
Your answer really helps.
Also good to know that some learning aids are in the works! 8)
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@Watercolorist
This is the first video so far
https://www.youtube.com/watch?v=ttN0flPsnBc
Subscribe to receive updates. That is the official OpenLedger channel. Also if you search for "OpenLedger" you'll find a few basic videos of other people so check them out too if you want. Those other videos however, don't show any trading unfortunately, I think.
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Unclaimed issuer income / trade fees/ fee pool. @puppies @abit @Akado
These fees collected that the committee has control over and we are debating their use in the main forum.
Why are these even collected? I thought fees were paid in bts and sent to the reserve pool.
what is the point of these fees and why does the committe have control over them.
https://bitshares.org/technology/user-issued-assets/#fee-pools
This should help you.
The committee has control over them just becouse the committee is the issuer of those assets.
-
Unclaimed issuer income / trade fees/ fee pool. @puppies @abit @Akado
These fees collected that the committee has control over and we are debating their use in the main forum.
Why are these even collected? I thought fees were paid in bts and sent to the reserve pool.
what is the point of these fees and why does the committe have control over them.
These fees are mainly inherited from BTS1, when we had "you get what you asked for" market matching algorithm, which means if you want to sell 100 USD for 10000BTS, and another guy wants 90 USD for 10000BTS, the difference (10 USD) will go to the accumulated fee pool.
We no longer use this algorithm in BTS2, so we won't have so many accumulated fees in the future. As you can see, the usd accumulated fee pool accumulated 10 USD in 20 days (see https://cryptofresh.com/a/USD).
(The committee collected those fees 11 days ago, but the proposal to collect fees are proposed 20 days ago. See https://cryptofresh.com/u/committee-account).
-
Unclaimed issuer income / trade fees/ fee pool. @puppies @abit @Akado
These fees collected that the committee has control over and we are debating their use in the main forum.
Why are these even collected? I thought fees were paid in bts and sent to the reserve pool.
what is the point of these fees and why does the committe have control over them.
These fees are mainly inherited from BTS1, when we had "you get what you asked for" market matching algorithm, which means if you want to sell 100 USD for 10000BTS, and another guy wants 90 USD for 10000BTS, the difference (10 USD) will go to the accumulated fee pool.
We no longer use this algorithm in BTS2, so we won't have so many accumulated fees in the future. As you can see, the usd accumulated fee pool accumulated 10 USD in 20 days (see https://cryptofresh.com/a/USD).
(The committee collected those fees 11 days ago, but the proposal to collect fees are proposed 20 days ago. See https://cryptofresh.com/u/committee-account).
Smartcoin trade/transfer fees are paid to prevent spam and earn income for the reserve pool.
If the user doesn't have BTS the fee pool allows this fee to be made in smartcoin for conveinience.
If this system is only for user convenience then any smartcoin fees collected surely need to go to the reserve pool which is where BTS fees always go?
As far as I understand the only reason for these fees is to allow a trade/transfer to pay in the trade fee if they don't have bts available.
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Smartcoin trade/transfer fees are paid to prevent spam and earn income for the reserve pool.
If the user doesn't have BTS the fee pool allows this fee to be made in smartcoin for conveinience.
If this system is only for user convenience then any smartcoin fees collected surely need to go to the reserve pool which is where BTS fees always go?
As far as I understand the only reason for these fees is to allow a trade/transfer to pay in the trade fee if they don't have bts available.
I think you got the point.
I would say:
"If the user doesn't have BTS, the fee pool allows that user to pay the fee with the market's asset for conveinience."
and
"As far as I understand the only reason for the pool is to allow a trade/transfer to be paid in the relative asset token if the user doesn't have bts available."
-
Smartcoin trade/transfer fees are paid to prevent spam and earn income for the reserve pool.
If the user doesn't have BTS the fee pool allows this fee to be made in smartcoin for conveinience.
If this system is only for user convenience then any smartcoin fees collected surely need to go to the reserve pool which is where BTS fees always go?
As far as I understand the only reason for these fees is to allow a trade/transfer to pay in the trade fee if they don't have bts available.
I think you got the point.
I would say:
"If the user doesn't have BTS, the fee pool allows that user to pay the fee with the market's asset for conveinience."
and
"As far as I understand the only reason for the pool is to allow a trade/transfer to be paid in the relative asset token if the user doesn't have bts available."
So why should these collected fees we are discussing go anywhere else than back to the reserve pool once sold for bts?
-
@CoinHoarder
see above discussion
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@xeroc would you please consider stepping up and holding a committee position?
-
Smartcoin trade/transfer fees are paid to prevent spam and earn income for the reserve pool.
If the user doesn't have BTS the fee pool allows this fee to be made in smartcoin for conveinience.
If this system is only for user convenience then any smartcoin fees collected surely need to go to the reserve pool which is where BTS fees always go?
As far as I understand the only reason for these fees is to allow a trade/transfer to pay in the trade fee if they don't have bts available.
I think you got the point.
I would say:
"If the user doesn't have BTS, the fee pool allows that user to pay the fee with the market's asset for conveinience."
and
"As far as I understand the only reason for the pool is to allow a trade/transfer to be paid in the relative asset token if the user doesn't have bts available."
So why should these collected fees we are discussing go anywhere else than back to the reserve pool once sold for bts?
Well, the first step is to actually sold them!
After that, yes, refill the pool is probably the more rational thing to do
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Yes, while the "accumulated fees" is increasing, the balance of fee pool is decreasing accordingly. So the committee need to periodically sell the accumulated fees for BTS to refill the fee pool.
-
Smartcoin trade/transfer fees are paid to prevent spam and earn income for the reserve pool.
If the user doesn't have BTS the fee pool allows this fee to be made in smartcoin for conveinience.
If this system is only for user convenience then any smartcoin fees collected surely need to go to the reserve pool which is where BTS fees always go?
As far as I understand the only reason for these fees is to allow a trade/transfer to pay in the trade fee if they don't have bts available.
I think you got the point.
I would say:
"If the user doesn't have BTS, the fee pool allows that user to pay the fee with the market's asset for conveinience."
and
"As far as I understand the only reason for the pool is to allow a trade/transfer to be paid in the relative asset token if the user doesn't have bts available."
So why should these collected fees we are discussing go anywhere else than back to the reserve pool once sold for bts?
Well, the first step is to actually sold them!
After that, yes, refill the pool is probably the more rational thing to do
yes I agree completely. Anything else would be illogical and the committee have no right to spend this on anything other than topping up the fee pool with any excess being returned to the reserve pool.
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Doesn't that settle it then? That's the most rational option so it seems we only need to put that up to vote and set the price at which the assets will be sold
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I have been away from Bitshares for almost a year now and I am still invested. My stupid questions for today are:
- Is there a place t oget caught up on the developments?Is there one succinct place that shows a general timeline of developments? It seems very hard to follow all the developments via the forum.
- I was once a PTS holder and moved to BTS then BTS 2.0. Is BTS 2.0 the defacto or is there some other UIA that I should be considering at this point in time?
- i see all this information about obits and meta exchange? Is there anyone focused on using BTS as a non-currency transmission system? IT seems that most focus is on currency and replacing fiat. While this is noble, I like to know if there any BTS projects looking to leverage ledger technology to other business conduct/transmission mechanisms.
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I have been away from Bitshares for almost a year now and I am still invested. My stupid questions for today are:
- Is there a place t oget caught up on the developments?Is there one succinct place that shows a general timeline of developments? It seems very hard to follow all the developments via the forum.
The roadmap: https://bitsharestalk.org/index.php/topic,20171.0.html
- I was once a PTS holder and moved to BTS then BTS 2.0. Is BTS 2.0 the defacto or is there some other UIA that I should be considering at this point in time?
OBITS https://bitsharestalk.org/index.php/topic,20498.0.html
and OPENPOS https://bitsharestalk.org/index.php/topic,20762.0.html
- i see all this information about obits and meta exchange? Is there anyone focused on using BTS as a non-currency transmission system? IT seems that most focus is on currency and replacing fiat. While this is noble, I like to know if there any BTS projects looking to leverage ledger technology to other business conduct/transmission mechanisms.
Sorry I don't understand this question.
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I'll ask a stupid question: This page makes no sense to me. http://docs.bitshares.eu/muse/migration/howto-importing-wallet.html#importing-your-balance
How do I redeem my Muse that I bought in the pre-sale from a Bitcoin core wallet? i have spent hours and hours trying to figure this out and I am about to give up.
-
I'll ask a stupid question: This page makes no sense to me. http://docs.bitshares.eu/muse/migration/howto-importing-wallet.html#importing-your-balance
How do I redeem my Muse that I bought in the pre-sale from a Bitcoin core wallet? i have spent hours and hours trying to figure this out and I am about to give up.
Have you tried importing the wif private key(s) (starts with 5) from the BTC account you donated from, into the Muse client?
Just a wild guess here, not a true MUSE believer/holder...
PS
[Maybe if you first claim them as NOTEs, in BTS 1.0 it wont work... I know I did for mine... and have to go through downgrades in order to get the wallet files, then the upgrades with a non running blockchain... to finally figure out I sold them as NOTES in BTS 1.0....:(]
-
Ok here is a really basic and stupid question and I am sorry but I arrived late to this party:
- What is the current inflation rate for BTS 2.0, and what is the total bts that will be in circulation?
Thanks in advance!
-
- What is the current inflation rate for BTS 2.0, and what is the total bts that will be in circulation?
Not sure about the inflation rate since there are two main aspects here:
- the merging of two chains/ideas into one with the corresponding funds vesting for some more 6-9 months or so
- and the workers pay which can be seen here: http://cryptofresh.com/reserve
The total amount availabel (max supply) is hard capped by something around 3.5B shares whereas the available supply depends on the income and costs of the network. There is a reserve pool (not liquid) that could be used to fund development etc. now and in the future that is refilled by fees payed by network participants. If more fees are payed than funds are used from the network, BTS is profitable and the share supply goes down. (Not currently as we are in development phase)
-
- What is the current inflation rate for BTS 2.0, and what is the total bts that will be in circulation?
Not sure about the inflation rate since there are two main aspects here:
- the merging of two chains/ideas into one with the corresponding funds vesting for some more 6-9 months or so
- and the workers pay which can be seen here: http://cryptofresh.com/reserve
The total amount availabel (max supply) is hard capped by something around 3.5B shares whereas the available supply depends on the income and costs of the network. There is a reserve pool (not liquid) that could be used to fund development etc. now and in the future that is refilled by fees payed by network participants. If more fees are payed than funds are used from the network, BTS is profitable and the share supply goes down. (Not currently as we are in development phase)
Thanks,
Now I have another stupid question. On bitshares.org it says anyone can contribute to asset´s fee pool, how would a user go about doing this?
For example how could I contribute to the Gold fee pool? or the USD fee pool for instance
-
Thanks,
Now I have another stupid question. On bitshares.org it says anyone can contribute to asset´s fee pool, how would a user go about doing this?
For example how could I contribute to the Gold fee pool? or the USD fee pool for instance
Since you are not the issuer of GOLD, you need to click a little more often.
a) go to the explorer
b) search for account "committee-account"
c) click on "assets" on the left navigation
d) pick your asset and click "update asset"
e) click on the tab "fee pool"
-
Thanks,
Now I have another stupid question. On bitshares.org it says anyone can contribute to asset´s fee pool, how would a user go about doing this?
For example how could I contribute to the Gold fee pool? or the USD fee pool for instance
Since you are not the issuer of GOLD, you need to click a little more often.
a) go to the explorer
b) search for account "committee-account"
c) click on "assets" on the left navigation
d) pick your asset and click "update asset"
e) click on the tab "fee pool"
Thanks, when I follow your step it all goes well until I confirm transaction and then I get this message:
"Failed to broadcast the transaction:
Transaction was not signed. Do you have a private key? [no_signers]"
-
Thanks,
Now I have another stupid question. On bitshares.org it says anyone can contribute to asset´s fee pool, how would a user go about doing this?
For example how could I contribute to the Gold fee pool? or the USD fee pool for instance
Since you are not the issuer of GOLD, you need to click a little more often.
a) go to the explorer
b) search for account "committee-account"
c) click on "assets" on the left navigation
d) pick your asset and click "update asset"
e) click on the tab "fee pool"
Thanks, when I follow your step it all goes well until I confirm transaction and then I get this message:
"Failed to broadcast the transaction:
Transaction was not signed. Do you have a private key? [no_signers]"
Can you provide a screenshot?
-
oh .. that might be a limitation of the GUI.. haven't thought about it .. @svk, could we have the fill fee pool tool be available for other accounts as well?
@hcf27 what asset do you want to fill the fee pool for? Maybe I can help you out with the console wallet
-
(1) What is the formula that determines the number of elected witnesses and committee members?
(2) I can vote both for and against a worker proposal. What is the reason I cannot vote against a witness or a committee member?
-
@konelectric here is the screenshot:
(http://i64.tinypic.com/2n66yj4.png)
@xeroc I was trying to fill the obits pool. I may have to download the cli wallet, will that help? how big is the blockchain now?
Thanks for all your help guys!
-
@hcf27: It shouldn't be your task to fill up the fee pool of obits and you have no benefit from doing so ... i have notified @ccedk to refill the pool ..
If you download the cli-wallet, you don't need to download the blockchain, you can connect to any of the existing full nodes (e.g. wss://bitshares.openledger.info/ws)
-
@hcf27: It shouldn't be your task to fill up the fee pool of obits and you have no benefit from doing so ... i have notified @ccedk to refill the pool ..
If you download the cli-wallet, you don't need to download the blockchain, you can connect to any of the existing full nodes (e.g. wss://bitshares.openledger.info/ws)
I see, so I can only fill my the pool of the assets I created?... I get the same message for gold or for usd...
really I was just playing around to see if it was possible
-
@hcf27: It shouldn't be your task to fill up the fee pool of obits and you have no benefit from doing so ... i have notified @ccedk to refill the pool ..
If you download the cli-wallet, you don't need to download the blockchain, you can connect to any of the existing full nodes (e.g. wss://bitshares.openledger.info/ws)
I see, so I can only fill my the pool of the assets I created?... I get the same message for gold or for usd...
really I was just playing around to see if it was possible
Technically you could fill any fee pool .. at least the blockchain would accept those transactions .. however, there seems to be a limitation in the user interface that assumes that you are the owner and expects you own the keys of the owner ... even though it wouldn't need them ..
The cli-wallet is a little more flexible and lets you define from which account to pay the "pool fund" transaction .. but the web GUI does not yet ..
-
@hcf27: It shouldn't be your task to fill up the fee pool of obits and you have no benefit from doing so ... i have notified @ccedk to refill the pool ..
If you download the cli-wallet, you don't need to download the blockchain, you can connect to any of the existing full nodes (e.g. wss://bitshares.openledger.info/ws)
I see, so I can only fill my the pool of the assets I created?... I get the same message for gold or for usd...
really I was just playing around to see if it was possible
Technically you could fill any fee pool .. at least the blockchain would accept those transactions .. however, there seems to be a limitation in the user interface that assumes that you are the owner and expects you own the keys of the owner ... even though it wouldn't need them ..
The cli-wallet is a little more flexible and lets you define from which account to pay the "pool fund" transaction .. but the web GUI does not yet ..
Thanks for all your help, I sent you a little tip for all your troubles and answering my stupid questions lol
-
Thanks .. much appreciated
-
(1) What is the formula that determines the number of elected witnesses and committee members?
(2) I can vote both for and against a worker proposal. What is the reason I cannot vote against a witness or a committee member?
This^ anyone?
-
Do we know how much BTS is locked up as collateral?
-
@hcf27: It shouldn't be your task to fill up the fee pool of obits and you have no benefit from doing so ... i have notified @ccedk to refill the pool ..
If you download the cli-wallet, you don't need to download the blockchain, you can connect to any of the existing full nodes (e.g. wss://bitshares.openledger.info/ws)
I see, so I can only fill my the pool of the assets I created?... I get the same message for gold or for usd...
really I was just playing around to see if it was possible
Technically you could fill any fee pool .. at least the blockchain would accept those transactions .. however, there seems to be a limitation in the user interface that assumes that you are the owner and expects you own the keys of the owner ... even though it wouldn't need them ..
The cli-wallet is a little more flexible and lets you define from which account to pay the "pool fund" transaction .. but the web GUI does not yet ..
You could simple contact the owner of the Asset and say "I want to fill your fee pool, here are some BTS."
-
Hi there,
I am trying to export wallet files for importing into openledger.
I looking to import a .dat protoshares wallet/angelshares wallet into 0.9.3c and then export the .json file as instructed below:
http://docs.bitshares.org/bitshares/migration/howto-exporting-wallet.html
I am using Ubuntu (used it before and worked fine). I am downloading the 0.9.3c from https://github.com/bitshares/bitshares-0.x/releases
for some reason when selecting 'file' and then 'import' the browser is unable to 'see' the .dat files.
What might I be doing wrong. Any help here would be super awesome. Thanks!
-
Hi there,
I am trying to export wallet files for importing into openledger.
I looking to import a .dat protoshares wallet/angelshares wallet into 0.9.3c and then export the .json file as instructed below:
http://docs.bitshares.org/bitshares/migration/howto-exporting-wallet.html
I am using Ubuntu (used it before and worked fine). I am downloading the 0.9.3c from https://github.com/bitshares/bitshares-0.x/releases
for some reason when selecting 'file' and then 'import' the browser is unable to 'see' the .dat files.
What might I be doing wrong. Any help here would be super awesome. Thanks!
The wallet dat files are handled differently. Sorry for not atating it clearly.
You need to do this:
- create an account in bts0.9.3c (no need to "register" it)
- go into the account details ...
- import key ...
- pick your wallet.dat file an passphrase
you should now see your funds and can export your wallet for bts2
-
Hi there,
I am trying to export wallet files for importing into openledger.
I looking to import a .dat protoshares wallet/angelshares wallet into 0.9.3c and then export the .json file as instructed below:
http://docs.bitshares.org/bitshares/migration/howto-exporting-wallet.html
I am using Ubuntu (used it before and worked fine). I am downloading the 0.9.3c from https://github.com/bitshares/bitshares-0.x/releases
for some reason when selecting 'file' and then 'import' the browser is unable to 'see' the .dat files.
What might I be doing wrong. Any help here would be super awesome. Thanks!
The wallet dat files are handled differently. Sorry for not atating it clearly.
You need to do this:
- create an account in bts0.9.3c (no need to "register" it)
- go into the account details ...
- import key ...
- pick your wallet.dat file an passphrase
you should now see your funds and can export your wallet for bts2
Thanks for getting back to me.
created an account in 0.9.3c, imported an AGS wallet.dat file and entered the password.
It said the keys were successfully imported.
I then exported a .json wallet.
But when trying to import the wallet to openledger it gave me the following error "Please use a BTS 1.0 wallet_export_keys file instead"
I downloaded 0.9.3c from here https://github.com/bitshares/bitshares-0.x/releases/download/bts%2F0.9.3c/bitsharesGUI-0.9.3c-linux-x86_64.tar.gz
I'm pretty sure thats the latest 0.9 version, so not sure whats going on.
Thanks for your help Xeroc :)
-
Hi there,
I am trying to export wallet files for importing into openledger.
I looking to import a .dat protoshares wallet/angelshares wallet into 0.9.3c and then export the .json file as instructed below:
http://docs.bitshares.org/bitshares/migration/howto-exporting-wallet.html
I am using Ubuntu (used it before and worked fine). I am downloading the 0.9.3c from https://github.com/bitshares/bitshares-0.x/releases
for some reason when selecting 'file' and then 'import' the browser is unable to 'see' the .dat files.
What might I be doing wrong. Any help here would be super awesome. Thanks!
The wallet dat files are handled differently. Sorry for not atating it clearly.
You need to do this:
- create an account in bts0.9.3c (no need to "register" it)
- go into the account details ...
- import key ...
- pick your wallet.dat file an passphrase
you should now see your funds and can export your wallet for bts2
Thanks for getting back to me.
created an account in 0.9.3c, imported an AGS wallet.dat file and entered the password.
It said the keys were successfully imported.
I then exported a .json wallet.
But when trying to import the wallet to openledger it gave me the following error "Please use a BTS 1.0 wallet_export_keys file instead"
I downloaded 0.9.3c from here https://github.com/bitshares/bitshares-0.x/releases/download/bts%2F0.9.3c/bitsharesGUI-0.9.3c-linux-x86_64.tar.gz
I'm pretty sure thats the latest 0.9 version, so not sure whats going on.
Thanks for your help Xeroc :)
Have you exported the wallet with the console?
If you used the export function in the menu, please try to use the console command instead.
-
Hi there,
I am trying to export wallet files for importing into openledger.
I looking to import a .dat protoshares wallet/angelshares wallet into 0.9.3c and then export the .json file as instructed below:
http://docs.bitshares.org/bitshares/migration/howto-exporting-wallet.html
I am using Ubuntu (used it before and worked fine). I am downloading the 0.9.3c from https://github.com/bitshares/bitshares-0.x/releases
for some reason when selecting 'file' and then 'import' the browser is unable to 'see' the .dat files.
What might I be doing wrong. Any help here would be super awesome. Thanks!
The wallet dat files are handled differently. Sorry for not atating it clearly.
You need to do this:
- create an account in bts0.9.3c (no need to "register" it)
- go into the account details ...
- import key ...
- pick your wallet.dat file an passphrase
you should now see your funds and can export your wallet for bts2
Thanks for getting back to me.
created an account in 0.9.3c, imported an AGS wallet.dat file and entered the password.
It said the keys were successfully imported.
I then exported a .json wallet.
But when trying to import the wallet to openledger it gave me the following error "Please use a BTS 1.0 wallet_export_keys file instead"
I downloaded 0.9.3c from here https://github.com/bitshares/bitshares-0.x/releases/download/bts%2F0.9.3c/bitsharesGUI-0.9.3c-linux-x86_64.tar.gz
I'm pretty sure thats the latest 0.9 version, so not sure whats going on.
Thanks for your help Xeroc :)
Have you exported the wallet with the console?
If you used the export function in the menu, please try to use the console command instead.
Fantastic! that worked :D
Thanks a lot for all your help. I would have been completely lost.
EDIT: Tried to claim more than one balance and got the following error: "Failed to broadcast the transaction:
Genesis vesting balances may not be claimed more than once per day."
I dont mind this.
I just want to make sure that I am not accidentally claiming any of the 2 year vesting balances. I really dont want to do this as I am in it for the painful long hall.
Also when importing into 2.0 it says 'found 10 keys'
but when 'loading balance claims' it kept loading for over 10minutes.
I then thought there must be something wrong so pressed import.
It then imported only 2 keys.
Is there any issue here? If I dont wait it out do I loose funds that I could have claimed?
Sorry for all the questions.
-
I just want to make sure that I am not accidentally claiming any of the 2 year vesting balances. I really dont want to do this as I am in it for the painful long hall.
It wouldn't really matter much since they vest linearily. :)
Also when importing into 2.0 it says 'found 10 keys'
but when 'loading balance claims' it kept loading for over 10minutes.
I then thought there must be something wrong so pressed import.
It then imported only 2 keys.
Is there any issue here? If I dont wait it out do I loose funds that I could have claimed?
*No* funds will be lost!
You could help figure out what the issue is by opening the Javascript
console before your open the lookup balance tool.
The javascript console is available by right-click->inspect element in
your browser (unless you use the light wallet) and will tell us what
went wrong. It certainly shouldn't take minuts.
-
stupid question:
until smartcoins gain liquidity, or we start using sidechains to lock different coins, are there any actual advantages to using UIAs to facilitate trade with centralized exchanges? or is it just centralized exchanges built into a wallet (which is, in its own right a novel concept)?
-
stupid question:
until smartcoins gain liquidity, or we start using sidechains to lock different coins, are there any actual advantages to using UIAs to facilitate trade with centralized exchanges? or is it just centralized exchanges built into a wallet (which is, in its own right a novel concept)?
The only advantage that I see is that you can (presumably) exchange your BTC IOUs into real IOUs already .. while you can't do that yet for bitBTC
-
I just want to make sure that I am not accidentally claiming any of the 2 year vesting balances. I really dont want to do this as I am in it for the painful long hall.
It wouldn't really matter much since they vest linearily. :)
Also when importing into 2.0 it says 'found 10 keys'
but when 'loading balance claims' it kept loading for over 10minutes.
I then thought there must be something wrong so pressed import.
It then imported only 2 keys.
Is there any issue here? If I dont wait it out do I loose funds that I could have claimed?
*No* funds will be lost!
You could help figure out what the issue is by opening the Javascript
console before your open the lookup balance tool.
The javascript console is available by right-click->inspect element in
your browser (unless you use the light wallet) and will tell us what
went wrong. It certainly shouldn't take minuts.
Tried again to claim my balances from the same account.
Used a different computer.
This time it showed my entire balance and didnt take long to load.
However when I select 'look up balances' from my wallet console it says 'No balance claims'.
Lost those bitshares forever?
-
I just want to make sure that I am not accidentally claiming any of the 2 year vesting balances. I really dont want to do this as I am in it for the painful long hall.
It wouldn't really matter much since they vest linearily. :)
Also when importing into 2.0 it says 'found 10 keys'
but when 'loading balance claims' it kept loading for over 10minutes.
I then thought there must be something wrong so pressed import.
It then imported only 2 keys.
Is there any issue here? If I dont wait it out do I loose funds that I could have claimed?
*No* funds will be lost!
You could help figure out what the issue is by opening the Javascript
console before your open the lookup balance tool.
The javascript console is available by right-click->inspect element in
your browser (unless you use the light wallet) and will tell us what
went wrong. It certainly shouldn't take minuts.
Tried again to claim my balances from the same account.
Used a different computer.
This time it showed my entire balance and didnt take long to load.
However when I select 'look up balances' from my wallet console it says 'No balance claims'.
Lost those bitshares forever?
if you use another computer, you NEED to reimport your backup so that the wallet has the private keys that hold your funds ..
-
I just want to make sure that I am not accidentally claiming any of the 2 year vesting balances. I really dont want to do this as I am in it for the painful long hall.
It wouldn't really matter much since they vest linearily. :)
Also when importing into 2.0 it says 'found 10 keys'
but when 'loading balance claims' it kept loading for over 10minutes.
I then thought there must be something wrong so pressed import.
It then imported only 2 keys.
Is there any issue here? If I dont wait it out do I loose funds that I could have claimed?
*No* funds will be lost!
You could help figure out what the issue is by opening the Javascript
console before your open the lookup balance tool.
The javascript console is available by right-click->inspect element in
your browser (unless you use the light wallet) and will tell us what
went wrong. It certainly shouldn't take minuts.
Tried again to claim my balances from the same account.
Used a different computer.
This time it showed my entire balance and didnt take long to load.
However when I select 'look up balances' from my wallet console it says 'No balance claims'.
Lost those bitshares forever?
if you use another computer, you NEED to reimport your backup so that the wallet has the private keys that hold your funds ..
WIll do. Thanks for all your help.
-
When I click on DASHBOARD I see a list of accounts that I own.
What is this container for all my accounts called. It can't be an account because my accounts live inside it.
Do I call it my MASTER ACCOUNT or MY DASHBOARD or WALLET or what ?
-
When I click on DASHBOARD I see a list of accounts that I own.
What is this container for all my accounts called. It can't be an account because my accounts live inside it.
Do I call it my MASTER ACCOUNT or MY DASHBOARD or what ?
Wallet?
-
When I click on DASHBOARD I see a list of accounts that I own.
What is this container for all my accounts called. It can't be an account because my accounts live inside it.
Do I call it my MASTER ACCOUNT or MY DASHBOARD or what ?
Wallet?
Yeah i guess so. So my wallet contains my accounts.
wouldn't it be more logical the other way round?
Have an Account that contained wallets.
Maybe dashboard should be renamed My Wallet with different column for accounts I own and accounts I follow.
-
On the Obits:BTS market there is a transaction history that looks out of place:
42.8000 0.000 0.0043 2/21 08:37:06
How can that be when the orderbook has plenty of asks and bids in the teens and 20's ranges?
-
On the Obits:BTS market there is a transaction history that looks out of place:
42.8000 0.000 0.0043 2/21 08:37:06
How can that be when the orderbook has plenty of asks and bids in the teens and 20's ranges?
https://bitsharestalk.org/index.php/topic,21577.msg280944.html#msg280944
-
On the Obits:BTS market there is a transaction history that looks out of place:
42.8000 0.000 0.0043 2/21 08:37:06
How can that be when the orderbook has plenty of asks and bids in the teens and 20's ranges?
https://bitsharestalk.org/index.php/topic,21577.msg280944.html#msg280944
Thanks!
-
Why when you transfer does it say Fee 30 BTS, but on the transfer confirmation popup it says something else, like: Fee 32.10937 BTS?
-
Why when you transfer does it say Fee 30 BTS, but on the transfer confirmation popup it says something else, like: Fee 32.10937 BTS?
Memo field info adds to the fee I believe.
-
Why when you transfer does it say Fee 30 BTS, but on the transfer confirmation popup it says something else, like: Fee 32.10937 BTS?
For some operations the total fee consists of a base fee plus a per kilobyte fee. For transfers, the base fee is 30 BTS, and there's a small per-kb fee so people don't abuse the memo field for transferring gigabytes of data.
-
Why when you transfer does it say Fee 30 BTS, but on the transfer confirmation popup it says something else, like: Fee 32.10937 BTS?
For some operations the total fee consists of a base fee plus a per kilobyte fee. For transfers, the base fee is 30 BTS, and there's a small per-kb fee so people don't abuse the memo field for transferring gigabytes of data.
Thank you both for that answer. I think then the confirmation popup or underneath the memo field should explain this charge so it does not seem like it is coming out of the blue.
-
Is the fork today? Will we get a thread saying if it was successful, what changed, etc?
-
Is the fork today? Will we get a thread saying if it was successful, what changed, etc?
The HF succesfully took place at 18.00 UTC.
Changes:
https://github.com/bitshares/bitshares-2/releases/tag/2.0.160216
https://github.com/bitshares/bitshares-2/wiki/Changelog-2.0.160216
Still, you would wait for the GUI updates to be able to easily use STEALTH
-
Is the fork today? Will we get a thread saying if it was successful, what changed, etc?
The HF succesfully took place at 18.00 UTC.
Changes:
https://github.com/bitshares/bitshares-2/releases/tag/2.0.160216
https://github.com/bitshares/bitshares-2/wiki/Changelog-2.0.160216
Still, you would wait for the GUI updates to be able to easily use STEALTH
Thanks, I guess I confused stuff, but wasn't something scheduled for the 23rd? Was it the GUI update?
-
Is the fork today? Will we get a thread saying if it was successful, what changed, etc?
The HF succesfully took place at 18.00 UTC.
Changes:
https://github.com/bitshares/bitshares-2/releases/tag/2.0.160216
https://github.com/bitshares/bitshares-2/wiki/Changelog-2.0.160216
Still, you would wait for the GUI updates to be able to easily use STEALTH
Here's the answer to the question I think may follow.
"So we suspect that we’ll have a Beta of the new GUI with STEALTH transactions out within the next week for everyone to play with. We’ll get some testing on the user interface and then assuming everything works as we would like we will roll it out officially for OpenLedger." - Dan Larimer
-
- I am always mixing up "ask" and "short" .. is there an easy way to remember what is what? Especially if you consider that the market USD/BTSX can be flipped to BTSX/USD??
ASK = LONG
SHORT = PUT
-
Does bitshares have an alert system like bitcoin?
I'm just wondering if some people still doesnt know the latest hardfork for stealth transactions.
-
Does bitshares have an alert system like bitcoin?
I'm just wondering if some people still doesnt know the latest hardfork for stealth transactions.
No.. but it sounds like that could be a nice feature.
-
Hello, I would like to bring some money in Open Ledger to trade regular crypto coin but something is not clear for me.
First thing is why there is 3 assets related to Bitcoin ? (BTC, OPEN.BTC and METAEX.BTC).
I also have "NO DATA" when I click to see the OPEN.BTC market and several others market, what could be the reason behind this ?
I'm a big fan of Bitshares but to be honnest this is no engaging
-
www.obits.io says market capitalization is $ 1,610,017 (3,710 BTC) and coinmarketcap.com report $ 402,346 (926 BTC), why such difference ?
-
Hello, I would like to bring some money in Open Ledger to trade regular crypto coin but something is not clear for me.
First thing is why there is 3 assets related to Bitcoin ? (BTC, OPEN.BTC and METAEX.BTC).
I also have "NO DATA" when I click to see the OPEN.BTC market and several others market, what could be the reason behind this ?
I'm a big fan of Bitshares but to be honnest this is no engaging
BTC is the market peged asset(bitBTC)
OPEN.BTC is an IOU btc from open ledger and METAEX.BTC is an IOU BTC from metaexchange, and there is also TRADE.BTC from blocktrades I think, every exchange that joins can have its own "IOU.BTC"
I think that NO DATA apears in markets with no trade hapening like OPEN.BTC <-> USD
-
www.obits.io says market capitalization is $ 1,610,017 (3,710 BTC) and coinmarketcap.com report $ 402,346 (926 BTC), why such difference ?
Maybe Coinmarketcap takes in to account only the ammount of obits that have been sold so far, while www.obits.io takes in to account the total amount of obits in existance, thats my guess.
-
Hello, I would like to bring some money in Open Ledger to trade regular crypto coin but something is not clear for me.
First thing is why there is 3 assets related to Bitcoin ? (BTC, OPEN.BTC and METAEX.BTC).
I also have "NO DATA" when I click to see the OPEN.BTC market and several others market, what could be the reason behind this ?
I'm a big fan of Bitshares but to be honnest this is no engaging
BTC is the market peged asset(bitBTC)
OPEN.BTC is an IOU btc from open ledger and METAEX.BTC is an IOU BTC from metaexchange, and there is also TRADE.BTC from blocktrades I think, every exchange that joins can have its own "IOU.BTC"
This is the nature of decentralized exchange. Anybody can issue their own assets, so of course there is several IOU-assets for bitcoin, and probably there will be more in the future.
I agree that it might sound confusing at first, but once you understand the reason, it should be clear.
-
If I have 100% of my vesting balance available to claim. Is there any benefit in not claiming it now?
Can I continue to earn coin days that will allow access to other operations that demand 90 day vesting period but earlier than the 90 days as I have saved x number of coin days?
-
If I have 100% of my vesting balance available to claim. Is there any benefit in not claiming it now?
Not that I know of
Can I continue to earn coin days that will allow access to other operations that demand 90 day vesting period but earlier than the 90 days as I have saved x number of coin days?
Good one .. no idea .. but I expect that it wouldn work that way .. @pc: I think you looked into it .. do you know?
-
If I have 100% of my vesting balance available to claim. Is there any benefit in not claiming it now?
If you have a high balance that is already 100% vested additional funds entering the vesting balance will vest more quickly.
-
baleted. they asked on the forum right after posting.
-
I tried signing up for bitshares but signin was rejected?
-
I tried signing up for bitshares but signin was rejected?
Try to go in the settings and in the "faucet address" put "https" instead of "http"
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New Member: Which exchange is best to buy BTS from? I have heard bter is not as secure as ccdek. I combed through this forum and saw someone suggest btc-e. Which is the most secure with least fees? (I am trying to buy BTS with USD)
-
New Member: Which exchange is best to buy BTS from? I have heard bter is not as secure as ccdek. I combed through this forum and saw someone suggest btc-e. Which is the most secure with least fees? (I am trying to buy BTS with USD)
*WARNING* Don't use BTER for any coin. CCEDK.com (http://CCEDK.com) is reputable, especially in the BTS community. metaexchange.info (http://metaexchange.info) as well.
-
New Member: Which exchange is best to buy BTS from? I have heard bter is not as secure as ccdek. I combed through this forum and saw someone suggest btc-e. Which is the most secure with least fees? (I am trying to buy BTS with USD)
*WARNING* Don't use BTER for any coin. CCEDK.com (http://CCEDK.com) is reputable, especially in the BTS community. metaexchange.info (http://metaexchange.info) as well.
If your using cash: CCEDK. If using Bitcoins: Metaexchange.
-
if a single witness fed in a very wrong price couldn't that trigger margin calls / forced settlement?
-
if a single witness fed in a very wrong price couldn't that trigger margin calls / forced settlement?
No. bts takes the median of all witnesses' feeds.
-
if a single witness fed in a very wrong price couldn't that trigger margin calls / forced settlement?
sure, at the right time at the right place...they can.
3-4 of them colluding can make a party out of it... and one will never be able to prove it...
as a matter of fact I believe they already do that... and nobody cares. [I will look for the link where I posted it, if interested*]
*Generally there was a settlement order 1. they lowered the settlement price 2. Placed a new position with the least collateral ratio(3 sec after the new price got into effect). 3. the order in (2) got filled 4. They published a new higher price feed 5.The next order with the lowest collateral got called 5.they sold into it at 10% above their new feed price...
if a single witness fed in a very wrong price couldn't that trigger margin calls / forced settlement?
No. bts takes the median of all witnesses' feeds.
what is you point? The newly published price for sure can change the median price.... obviously.
-
if a single witness fed in a very wrong price couldn't that trigger margin calls / forced settlement?
sure, at the right time at the right place...they can.
3-4 of them colluding can make a party out of it... and one will never be able to prove it...
as a matter of fact I believe they already do that... and nobody cares. [I will look for the link where I posted it, if interested*]
*Generally there was a settlement order 1. they lowered the settlement price 2. Placed a new position with the least collateral ratio(3 sec after the new price got into effect). 3. the order in (2) got filled 4. They published a new higher price feed 5.The next order with the lowest collateral got called 5.they sold into it at 10% above their new feed price...
if a single witness fed in a very wrong price couldn't that trigger margin calls / forced settlement?
No. bts takes the median of all witnesses' feeds.
what is you point? The newly published price for sure can change the median price.... obviously.
"Median price" is not "average price", so how can A FEW very low or very high prices impact final price significantly?
-
Hi,
i accidentally sent some bts to a wrong wallet. my question is, how do i write a message to the owner of the wallet to send me my funds back?
Another question is, what is the purpose of the memo if the BTS still got written to the wrong account?
The account in question is poloniex instead of poloniexwallet...
please help me get my BTS back
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Hi,
i accidentally sent some bts to a wrong wallet. my question is, how do i write a message to the owner of the wallet to send me my funds back?
Another question is, what is the purpose of the memo if the BTS still got written to the wrong account?
The account in question is poloniex instead of poloniexwallet...
please help me get my BTS back
If I'm not mistaken that is a fake account that already has funds from other members who made the same mistake in the past.
I recall someone sending some BTS to an account that was mistaken by an exchange account and he never got the funds back. It was probably just someone trying to take advantage of people's mistakes.
But at the same time there were users who registered similar names to avoid that problem. At the moment I'm not sure if that account is from a scammer or from someone who is trying to prevent scams. Anyway, send a transaction with the lowest amount of BTS possible with whatever message you want on the memo field.
-
well, somebody is taking advantage of people like me, sure.-.. but this also makes me think about doing the same thing, and that should definitively not be the purpose.
-
Hi ...
newbie here.
I have a bts_default.bin from OL web wallet. How do I export / retrieve my private key from it (or from an account in it)?
I am trying to setup a witness node/account and cannot import my account to the CLI without the private key.
Thanks.
Regards,
+V
-
Ok. Figured it out! :-) Cheers!
+V
quote author=valerian link=topic=8390.msg287134#msg287134 date=1458869677]
Hi ...
newbie here.
I have a bts_default.bin from OL web wallet. How do I export / retrieve my private key from it (or from an account in it)?
I am trying to setup a witness node/account and cannot import my account to the CLI without the private key.
Thanks.
Regards,
+V
[/quote]
-
Hi,
I am trying to learn about bitshares. Where to start?
-
How about https://bitshares.org/ ?
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This is the stupid questions thread, not the stupid answers thread :)
Of course I started there. But when I landed on the homepage, I read about the technologies. But, I really miss a general path on how to start with things. As a user, but also as a possible contributor with a tech background. What is there to be done and how to start learning it so it it will be possible to contribute later.
Thanks
-
This is the stupid questions thread, not the stupid answers thread :)
Of course I started there. But when I landed on the homepage, I read about the technologies. But, I really miss a general path on how to start with things. As a user, but also as a possible contributor with a tech background. What is there to be done and how to start learning it so it it will be possible to contribute later.
Thanks
Unfortunately the newbie friendly information is still mostly missing. But this documentation page will probably help you to get started, and then you can ask here on this forum more spesific questions: http://docs.bitshares.eu/
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Many thanks! I'm also getting nice help on Slack. I will find my way for now.
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Hi,
I am trying to learn about bitshares. Where to start?
You can go to Bitshares TV on YouTube, but some of the info is outdated. There are some new videos about Openledger.
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Yep, I am watching those. Thanks!
only BitAssets are now called Smartcoins, right?
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This is the stupid questions thread, not the stupid answers thread :)
Well, your question was where to *start*, not where to continue after starting at bitshares.org... :-)
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okay, okay..
;-)
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I have another question, on the homepage under technologies it says:
https://bitshares.org/technology/decentralized-asset-exchange/
Every Dollar, Euro, bitcoin and ounce of gold held as a SmartCoin on the BitShares exchange is backed by up to twice the reserves of traditional centralized exchanges. The traditional banking system has long practiced what I like to call fictional reserve banking, more commonly known as fractional reserve banking. In the Bitcoin ecosystem, we demand at least 100% reserve. A single hack, mistake, or theft can quickly turn a 100% reserve system into a fractional reserve system, or worse, a no reserve system. Without any reserves, it is unlikely that an exchange can give you the funds it owes you.
By always maintaining reserves, you can rest assured that BitShares is solvent in almost any market. All of the reserves are kept as BTS held on the blockchain, and they cannot be stolen, because there are no private keys that can be compromised to steal the reserves.
- How does this work?
-
I have another question, on the homepage under technologies it says:
https://bitshares.org/technology/decentralized-asset-exchange/
Every Dollar, Euro, bitcoin and ounce of gold held as a SmartCoin on the BitShares exchange is backed by up to twice the reserves of traditional centralized exchanges. The traditional banking system has long practiced what I like to call fictional reserve banking, more commonly known as fractional reserve banking. In the Bitcoin ecosystem, we demand at least 100% reserve. A single hack, mistake, or theft can quickly turn a 100% reserve system into a fractional reserve system, or worse, a no reserve system. Without any reserves, it is unlikely that an exchange can give you the funds it owes you.
By always maintaining reserves, you can rest assured that BitShares is solvent in almost any market. All of the reserves are kept as BTS held on the blockchain, and they cannot be stolen, because there are no private keys that can be compromised to steal the reserves.
- How does this work?
Read the whitepaper:
dosa.bitshares.eu/bitshares/papers
it describes the collateralization concept
-
I have another question, on the homepage under technologies it says:
https://bitshares.org/technology/decentralized-asset-exchange/
Every Dollar, Euro, bitcoin and ounce of gold held as a SmartCoin on the BitShares exchange is backed by up to twice the reserves of traditional centralized exchanges. The traditional banking system has long practiced what I like to call fictional reserve banking, more commonly known as fractional reserve banking. In the Bitcoin ecosystem, we demand at least 100% reserve. A single hack, mistake, or theft can quickly turn a 100% reserve system into a fractional reserve system, or worse, a no reserve system. Without any reserves, it is unlikely that an exchange can give you the funds it owes you.
By always maintaining reserves, you can rest assured that BitShares is solvent in almost any market. All of the reserves are kept as BTS held on the blockchain, and they cannot be stolen, because there are no private keys that can be compromised to steal the reserves.
- How does this work?
Read the whitepaper:
dosa.bitshares.eu/bitshares/papers
it describes the collateralization concept
Correct URL:
docs.bitshares.eu/bitshares/papers
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Please Help. I can't do anything on Bitshares because I don't have BTS. I tried to make a trade and it wouldn't let me even though I used the option to pay the fee in OPEN:BTC. Now I can't even withdraw my BTC. I bought BTS on Bter but it won't let me withdraw it to fund my Bitshares account. Any help you could give me would be greatly appreciated. At this point I'm pretty frustrated by the whole thing and would just like to get my BTC out. Thanks.
-Brett
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Please Help. I can't do anything on Bitshares because I don't have BTS. I tried to make a trade and it wouldn't let me even though I used the option to pay the fee in OPEN:BTC. Now I can't even withdraw my BTC. I bought BTS on Bter but it won't let me withdraw it to fund my Bitshares account. Any help you could give me would be greatly appreciated. At this point I'm pretty frustrated by the whole thing and would just like to get my BTC out. Thanks.
-Brett
Welcome tdboston,
sorry to hear this bad first experience!
Let's see...
First let's try again to buy some BTS with your OPEN.BTC:
go to the BTS : OPEN.BTC market here -> https://bitshares.openledger.info/#/market/BTS_OPEN.BTC
Instead of using all of yours open.btc, try to make a buy with only half of it, using open.btc as fee too. (I suggest to use only half of your btc to be sure that you have enough to both buy bts and pay for the fee)
About Bter...Bter is not really trading BTS 2.0
You should not trust or leave any funds into that exchange IMO.
The best thing you can do now, is sell back the bts you bought on bter, and use those btc to buy bts in another exchange.
Once you have your btc back on bter, you can send them to poloniex and buy real bts there. Or you can even more easily use the "Bridge" option in the Bitshares wallet.
Open the bitshares wallet, go into your account page, in the left menu go into Deposit/Withdraw, in the Top Menu choose Blocktrades or Metaexchange (the latter atm has a better price), and in the "Bridge" section click on Deposit.
How does this Bridge works?
Basically you send your bitcoin to the address they give you, and they will credit your account with BTS! You can see the current conversion they will use for it.
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Thanks for your help. I still got an error message. I tried to buy 1000 BTS but it says I don't have enough to pay the fee. I set up to pay the fee in OPEN:BTC but the confirmation page says I need .146 or so BTS. I tried to paste a screen shot but I can't seem to do it in this forum.
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Thanks for your help. I still got an error message. I tried to buy 1000 BTS but it says I don't have enough to pay the fee. I set up to pay the fee in OPEN:BTC but the confirmation page says I need .146 or so BTS. I tried to paste a screen shot but I can't seem to do it in this forum.
what is your bitshares account name? i will send you some bts
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Bhuz,
Thanks for your help. Somehow I have 1000 BTS on Poloniex. I think it might be because I had some old kind of Bitshares (Proto shares or something like that). I see how to withdraw on Poloniex but I don't see how to deposit on Bitshares. I go tot Deposit/Withdraw and BTS isn't even an option.
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wow. screwed up the spelling on that. I remember NXT used to have a place where I sent BTC to an address and then the exchange happened behind the scenes and I just magically had NXT. Does Bitshares have something like that?
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Bhuz,
Thanks for your help. Somehow I have 1000 BTS on Poloniex. I think it might be because I had some old kind of Bitshares (Proto shares or something like that). I see how to withdraw on Poloniex but I don't see how to deposit on Bitshares. I go tot Deposit/Withdraw and BTS isn't even an option.
When you withdraw from poloniex, you only need to use your bitshares account-name as address!
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wow. screwed up the spelling on that. I remember NXT used to have a place where I sent BTC to an address and then the exchange happened behind the scenes and I just magically had NXT. Does Bitshares have something like that?
Yes. In my first reply to you I explained just that. That is the "Bridge" feature you can find in the bitshares wallet, on Deposit/Withdraw. In the Top Menu choose "METAEXCHANGE", Bridge -> BTS -> Deposit
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That's easy enough. I sent 1k BTS from Poloniex to Acct: 104833. I'm just waiting for it to show up so I can try out the decentralized exchange again.
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That's easy enough. I sent 1k BTS from Poloniex to Acct: 104833. I'm just waiting for it to show up so I can try out the decentralized exchange again.
You have to use your bitshares account Name, NOT ID!
Your account-name is "bboston1". Is even simpler than what you thought.
Contact poloniex and tell them that you sent to a non existing account. They should be able to recover those bts and refund you.
After that, just use your bitshares account-NAME! bboston1
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Thanks for the heads up on that. I was wondering why it failed.
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Bhuz,
Just wanted to say thanks. I'll work things out with Poloniex about the withdraw. As far as trading goes, apparently the OPEN.BTC fee pool was empty (whatever that means) so my trade wasn't going through. Thanks again.
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Bhuz,
Just wanted to say thanks. I'll work things out with Poloniex about the withdraw. As far as trading goes, apparently the OPEN.BTC fee pool was empty (whatever that means) so my trade wasn't going through. Thanks again.
The fee pool is now full again. You should be able to make that transfer if you still want to.
You welcome :)
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Thanks for your help. I still got an error message. I tried to buy 1000 BTS but it says I don't have enough to pay the fee. I set up to pay the fee in OPEN:BTC but the confirmation page says I need .146 or so BTS. I tried to paste a screen shot but I can't seem to do it in this forum.
I too tried to post screen shoots. But couldn't. I know how to post images from the web, but not my own shoots. I seen other do it. What is your secret?
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Thanks for your help. I still got an error message. I tried to buy 1000 BTS but it says I don't have enough to pay the fee. I set up to pay the fee in OPEN:BTC but the confirmation page says I need .146 or so BTS. I tried to paste a screen shot but I can't seem to do it in this forum.
I too tried to post screen shoots. But couldn't. I know how to post images from the web, but not my own shoots. I seen other do it. What is your secret?
Upload your image to http://imgur.com/ and then use the generated link in your post here.
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Ok, I've got one: Where did my balances go?
I recently dug up an old wallet from 2015. It had about $17k BTS in it. I downloaded two clients: 0.9.3 and the recent 2.0.160406.
In bitshares 0.9.3c, ran: wallet_dump_account_private_key (my_account) private (2x for each of my accounts)
> It outputs the private keys which I copy
I went to the BitShares2 light client and pasted the private key into the Key Import tool.
It finds a valid key, but it says there are no assets. It imports it and sure enough, zero balances in both my accounts.
Why is this not working?
-
Ok, I've got one: Where did my balances go?
I recently dug up an old wallet from 2015. It had about $17k BTS in it. I downloaded two clients: 0.9.3 and the recent 2.0.160406.
In bitshares 0.9.3c, ran: wallet_dump_account_private_key (my_account) private (2x for each of my accounts)
> It outputs the private keys which I copy
I went to the BitShares2 light client and pasted the private key into the Key Import tool.
It finds a valid key, but it says there are no assets. It imports it and sure enough, zero balances in both my accounts.
Why is this not working?
You should dump your owner and active keys (2 keys for each account using commands: wallet_dump_account_private_key <accountname> owner_key, wallet_dump_account_private_key <accountname> active_key). If you have vesting balances (after merger) use wallet_export_keys command.
More info you can find here: http://docs.bitshares.eu/migration/howto-exporting-wallet.html#export-via-the-console
-
Ok, I've got one: Where did my balances go?
I recently dug up an old wallet from 2015. It had about $17k BTS in it. I downloaded two clients: 0.9.3 and the recent 2.0.160406.
In bitshares 0.9.3c, ran: wallet_dump_account_private_key (my_account) private (2x for each of my accounts)
> It outputs the private keys which I copy
I went to the BitShares2 light client and pasted the private key into the Key Import tool.
It finds a valid key, but it says there are no assets. It imports it and sure enough, zero balances in both my accounts.
Why is this not working?
You should dump your owner and active keys (2 keys for each account using commands: wallet_dump_account_private_key <accountname> owner_key, wallet_dump_account_private_key <accountname> active_key). If you have vesting balances (after merger) use wallet_export_keys command.
More info you can find here: http://docs.bitshares.eu/migration/howto-exporting-wallet.html#export-via-the-console
In BitShares 1, there are actually 3 kinds of keys, owner, active and balance keys.
If you dumpt your account keys, all you will be able to import are your accounts (and control over them)
If you want to claim your balance, you also need the balance keys. Either you follow the migration guide or you try wallet_balance_ids (or something similar) .. that will give a pubkey for each of your balances (possibly several per account).
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Hi earth peoples
Is there a way to integrate a market on OL into my existing website, or do I need to create a link and just have it open separately in a new window?
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Is there a way to integrate a market on OL into my existing website, or do I need to create a link and just have it open separately in a new window?
if you are asking for an embedded widget, than we are sorry but that does not YET exist.
Certainly possible to be coded!
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Is safe to save my backup.bin direct in my email acccount? Could it be compromised anyway or could email provider know that im using bitshares? Would they delete it?
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Is safe to save my backup.bin direct in my email acccount? Could it be compromised anyway or could email provider know that im using bitshares? Would they delete it?
The wallet alone should be safe (this contains your private keys which are encrypted with your password).
Your wallet requires the password to access the private keys. If your password is strong and secured offline then it should be fine.
Make sure you have a good password and always store your wallet files and passwords separately. I would also not keep digital copies of my passwords.
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Thanks
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In cryptofreh workers what support staking means n current balance? It should have a tip box explaining
What proposal 400krefund is about there is no link to the proposal
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In cryptofreh workers what support staking means n current balance? It should have a tip box explaining
What proposal 400krefund is about there is no link to the proposal
Search for 'worker' on docs.bitshares.eu .. burn/refund workers are special/meta workers
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Thanks xeroc
-
can openledger be hacked like any other exchange. do they have hot wallets and such that are susceptible to hacks and such? i figure the dex coins are on chain and ok?
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can openledger be hacked like any other exchange. do they have hot wallets and such that are susceptible to hacks and such? i figure the dex coins are on chain and ok?
the exchange service Openledger has no access to customer funds ..
with the OPEN.* assets, the story is different. Those assets are IOUs backed by real assets .. those could be hacked .. potentially .. if you knew which machine to attack .. but since the exchange is decentralized, you dont even know which address range to hack
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When I vote for a new proxy what the button PROPOSE>PROPOSE FROM>MYACCOUNT
means?
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When I vote for a new proxy what the button PROPOSE>PROPOSE FROM>MYACCOUNT
means?
http://docs.bitshares.eu/bitshares/user/transactions-proposed.html
It's a feature that is required for on-chain multi-signature schemes
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Thanks xeroc bishaes is so big like disney.....you take a lot of time to enjoy everything
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trying to help someone with their account....the backup file and password work to get in BUT his username is no where to be found...I can find his username in explore and follow it (from inside his account) but the send form isn't showing amount boxes and when he tries to make a buy or sell order the damn thing keeps saying (Transaction was not signed. Do you have a private key? [no_signers])
same message when he tries to set permissions
what the hell is going on with it??
-
How to obtain bitshare (BTS) address? I have open ledger account.
-
How to obtain bitshare (BTS) address? I have open ledger account.
we don't use addresses .. all you need for transfers is the account name ..
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:D I was delighted to find some really positive posts on Steemit encouraging folk to invest in BTS. Encouragement also to use the Lite wallet for security.
I've been following Bitshares for years. Constantly undervalued.Clearly you want to attract new users and investments. You are quite right to claim high status for your technology. You are probably all too bright for your own good.
So, after the Steemit post, just for fun, I imagined myself to be new to the obscurities of Bitshares and downloaded the Lite 2.0 wallet.... Install on Win10.... Had to close the install window...... Blank screen.. ??? ...Checked installed programs...ah yes, there it is.... Launched.... Greeted by "app init issues, API conn, some sort of drop down menu with equally unintelligible items" etc etc. ???
Seriously, when are you going to get it? You know what it's all about but newcomers don't.
I also tried the Moonstone effort. Oh dear. ::)
Even Barclays bank can come up with Revolut. Then there's WB21. Yes, we know about centralised and security risks etc but they are giving people stuff that works straight out of the box and beats the hell out the rest.
So shoot me down if you want but I think BTS is too much about tech, assets, trading and changing the world. Steemit proves that if you come up with something that ordinary non tech people want, it will take off even with initial flaws. End frustrated rant. :(
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I really need a walk though of the multisig process. It seems like the process is intuitive enough, but I am stuck and unable to actually get my multisig set up to work.
I have two accounts. account 1 and account 2
I have set the multisig process so that account 1 has the following permissions:
threshold 100
Account 1 has a weight of 50
Account 2 has a weight of 50
BTSskfdfdsfjkdsjflksdjfksdflksdfksdfsdklfjsdkfdkfskdjf has a weight of 1
I set this up on account 1 and the net confirmed the new permission structure
Now as a test I went to disable this structure.
1) on Account 1 I went to permissions
2) Removed account 2 and changed the new threshold to 50 and left account 1 at weight 50 and BTSfksdfkjdsfklsdlkfdslkjflsdkjflksdjflsdjdsfklsdf at weight 1
3) I submitted this as a proposal which confirmed.
4) I went to account 2 and search for account 1 (while still logged in as account 2) and approved the proposal for account 2
5) the approval confirmed
6) I went to account one found the proposal and have tried to approve the proposal from account 1 and it says I do not have permission. It gives me the option of both account 1 or BTSdkfsdjfdsjfkjsdfkjdsfjksdfhkjasd, but neither work. What am I doing wrong?
In order to do this quickly I have one account open on the web wallet and one open on the desktop client.
Any help appreciated.
-
How can I find BitShares proposals on cryptofresh.com? I have this direct link from forum http://cryptofresh.com/p/1.10.514 but I didn't find any link on cryptofresh that would lead me there.
-
could someone explain to me what are these things on pictures when a margin call occurs
(https://i.imgsafe.org/5064896089.jpg)
and this extra table:
the price is different than the current buy/sell orders
(https://i.imgsafe.org/506490f300.jpg)
-
How do you send to someone not on bitshares?
-
How do you send to someone not on bitshares?
depends what asset you want to send them! What is the someone on? Do they buy into the fictional value of fiat currency? Do they only accept handjobs? Murals? Bitcoin? I'll include the likely options:
If you want to send bitshares they're gonna need a bitshares wallet. It takes 5 seconds... okay maybe 5 minutes including making a backup and figuring out the wallet. bitshares.openledger.info (http://bitshares.openledger.info)
If you want to send bitcoin then buy some open.btc:
click on "withdraw/deposit" on the top row.
select openledger as the transfer service
select "withdraw"
select "open.btc"
click withdraw and enter in the amount and their BTC address
If you want to send fiat currency
sell BTS for open.BTC
transfer your BTC to Circle or some service that can move government currency to your silly bank account
wait 3 days
go to an ATM and withdraw the amount, put in envelope, write their name on it
drive to your recipient
put it in their silly hands and let them take care of the security problems you've just foisted on them
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could someone explain to me what are these things on pictures when a margin call occurs
This should be a on the real questions thread. I really am not 100% sure but I think I can answer
This isn't a "margin call" exactly this shows a sell order (of bitCNY) that will execute soon (a force-settle). If there is not sufficient quantity in the buy wall then whoever owns the CNY with the least collateral will have their collateral used to buy the bitCNY, have the remainder of their collateral returned, plus be the proud owner of the bitCNY they just bought. Being force-settled like that isn't really bad, just annoying for the shorter. If you don't want it to happen to you make sure to properly collateralize your shorts! 250% is very safe, that's what I usually do.
-
could someone explain to me what are these things on pictures when a margin call occurs
This isn't a "margin call" exactly this shows a sell order (of bitCNY) that will execute soon (a force-settle). If there is not sufficient quantity in the buy wall then whoever owns the CNY with the least collateral will have their collateral used to buy the bitCNY, have the remainder of their collateral returned, plus be the proud owner of the bitCNY they just bought. Being force-settled like that isn't really bad, just annoying for the shorter. If you don't want it to happen to you make sure to properly collateralize your shorts! 250% is very safe, that's what I usually do.
Minor corrections:
* Forced settlements are never matched with market orders, they always execute against the least collateralized shorts.
* The settled bitassets aren't paid to the shorter, they are burned. The shorter's debt is adjusted accordingly.
* The remaining collateral is returned only if the short is filled completely.
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could someone explain to me what are these things on pictures when a margin call occurs
This isn't a "margin call" exactly this shows a sell order (of bitCNY) that will execute soon (a force-settle). If there is not sufficient quantity in the buy wall then whoever owns the CNY with the least collateral will have their collateral used to buy the bitCNY, have the remainder of their collateral returned, plus be the proud owner of the bitCNY they just bought. Being force-settled like that isn't really bad, just annoying for the shorter. If you don't want it to happen to you make sure to properly collateralize your shorts! 250% is very safe, that's what I usually do.
Minor corrections:
* Forced settlements are never matched with market orders, they always execute against the least collateralized shorts.
* The settled bitassets aren't paid to the shorter, they are burned. The shorter's debt is adjusted accordingly.
* The remaining collateral is returned only if the short is filled completely.
Thanks @pc !!!
How do you send to someone not on bitshares?
@jetset1
(https://i.imgsafe.org/8d24b6bc51.jpg)
(https://i.imgsafe.org/8d24d49080.jpg)
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How can I find BitShares proposals on cryptofresh.com? I have this direct link from forum http://cryptofresh.com/p/1.10.514 but I didn't find any link on cryptofresh that would lead me there.
https://cryptofresh.com/ballots
(https://i.imgsafe.org/8d386af4cd.jpg) (http://cryptofresh.com/ballots)
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I've got 1000 bitCNY DEBT and more then 1000 bitCNY in my Balances
How do I pay off debt?
- Margin Call?
- action > Close Position? – after which rate my position will be closed? current settlement price?
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I've got 1000 bitCNY DEBT and more then 1000 bitCNY in my Balances
How do I pay off debt?
- Margin Call?
- action > Close Position?
Not sure about where to click in the UI. My guess would be "Close Position". Definitely not Margin Call.
– after which rate my position will be closed? current settlement price?
You don't close it at a rate. You pay back the full debt, and you receive your collateral in exchange. All of it.
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1. two people have created two accounts with my referral link :
https://bitshares.openledger.info?r=myaccount
and when I go to https://cryptofresh.com/u/myaccount
a can't see any Referred Accounts
and here https://cryptofresh.com/u/openledger
I see : openledger register accountfrommyreflink
First of registered accounts has already made transactions, and the other does not.
Ref link is from LTM.
How to check my referrals?
2. how to accomplish entry looks like this on cryptofresh :
openledger register accountname thanks to bitshares-munich
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Heya guys I really dont know if this is the right place to put this.
I am looking for a developer who is familiar with both ruby on rails and javascript to help me develop a game called SteemStars it is a game that is tied into the Steem blockchain.
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Heya guys I really dont know if this is the right place to put this.
I am looking for a developer who is familiar with both ruby on rails and javascript to help me develop a game called SteemStars it is a game that is tied into the Steem blockchain.
Do tell more.
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1. Why these trades are in yellow?
(https://i.imgsafe.org/ee7a0d95e4.png)
2. Why this transaction is Virtual?
(https://i.imgsafe.org/ee8d4d5b12.png)
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I think the yellow trades were margin calls.
Some operations are virtual because they are triggered from within the blockchain. Examples are fill_order transactions (resulting from matching limit orders), and sometimes cancel_order transactions (to get rid of dust).
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Were AGS keys used to allocate BitShares only? Could AGS donors claim anything other than BitShares?
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Were AGS keys used to allocate BitShares only? Could AGS donors claim anything other than BitShares?
https://bitsharestalk.org/index.php/topic,23626.msg301149.html#msg301149
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How I can enter my OpenLedger account? I see only sign up, no sign in?
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How I can enter my OpenLedger account? I see only sign up, no sign in?
If you already have an account, click on the "Wallet" in the upper left corner.
You can also click in the lock icon in the right upper corner if you want to unlock your wallet.
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If someone created a BTC.UIA with zero trade fee and zero deposit/withdraw fee
Would Openledger be able to do anything stop it trading with their UIAs
I'm pretty sure the answer is no but is there something clever that could be done with blacklisting or transfer freezing that could prevent it?
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If someone created a BTC.UIA with zero trade fee and zero deposit/withdraw fee
Would Openledger be able to do anything stop it trading with their UIAs
I'm pretty sure the answer is no but is there something clever that could be done with blacklisting or transfer freezing that could prevent it?
The answer is yes, they could blacklist it which would prevent trading.
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It would prevent people from trading OPEN.BTC into BTC.UIA and vice versa... all other markets would still be available
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Could some one tell me why I was partially margin called
This is my collateral before settle :
(http://static.pokazywarka.pl/1/s/4/b5d04c8a35f4c3f1f40d4a918c0438ec_big.jpg)
the price of this transaction (248.xxxx) is much lower than "my Call Price"
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Seems you havent been 'called' .. bit your call order was partially settled through a manual settlement request and your collateral position was among the smallest ..
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I have a stupid question...
I opened up a 2nd bitshares account, now I can't get back into the first. Is there a way to 'log out' or combine accounts?
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I have a stupid question...
I opened up a 2nd bitshares account, now I can't get back into the first. Is there a way to 'log out' or combine accounts?
Cryptocurrency is fiddly.
I presume you're using OpenLedger.info, rather than the client download from bitshares.org etc.?
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Yes using OpenLedger.
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In the top navbar ypu can click your account name to unfold a dropdown that shows all accounts in your open wallet .. if you created a new wallet you can switch over in settings - wallet
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Question: Openledger is a company who runs OpenLedger.info which looks same as how everything looks in the Bitshares Light client in terms of UI etc. Is the Bitshares light client just connecting to Openledger to display a UI? What happens if Openledger.info is hacked and brought down, then nobody can use their Bitshares clients anymore?
Why arent there more alternatives for 'visualising' this decentralised exchange because currently I just see some company running a website (openledger.info) which if it went down we are all screwed? Is it openledger that decides what assets to trade and display in the light client?
Thanks !
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What are 'Seed nodes' ? http://status.bitsharesnodes.com/ Are these like bitcoin nodes in that they just route transactions around the network?
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Question: Openledger is a company who runs OpenLedger.info which looks same as how everything looks in the Bitshares Light client in terms of UI etc. Is the Bitshares light client just connecting to Openledger to display a UI? What happens if Openledger.info is hacked and brought down, then nobody can use their Bitshares clients anymore?
Why arent there more alternatives for 'visualising' this decentralised exchange because currently I just see some company running a website (openledger.info) which if it went down we are all screwed? Is it openledger that decides what assets to trade and display in the light client?
Thanks !
You have your backup. It's a key encrypted by your password. All your actions must be signed with that key. You can load that key into any wallet that runs on top of BitShares.
Openlegder's GUI, like many web wallets is just tweaked light wallet, hosted on website. When you enter that site, you're downloading javascript code that allow you to interact with BitShares blockchain in your browser. If they're down, you can use other wallets, for example:
https://bitshares.org/wallet
https://secure.freedomledger.com
https://bit.btsabc.org
Or you can load your key into light client, which is best option imho.
There are some projects with different aproach:
https://www.btsbots.com - here you can load your key and run a trading bot, which is awesome.
https://steemit.com/bitshares/@steemalf/microsoft-excel-openledger-dex-wallet
Totally new chinese GUI:
https://github.com/xiangxn/btsgo
More projects:
https://bitkapital.com/index.html
https://bitgate.no/
https://blockpay.ch/
Very good Android wallet: https://play.google.com/store/apps/details?id=de.bitsharesmunich.smartcoinswallet&hl=en
I would say, all above, including Openledger, are just another doors to the same room, where all magic happen.
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Thanks for the reply nmywn, so looks like as you say, there are many doors into the same room and that openledger is just one of them which copies the UI of the light client.
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What are 'Seed nodes' ? http://status.bitsharesnodes.com/ Are these like bitcoin nodes in that they just route transactions around the network?
Seed nodes are only the entrance points to the P2P network .. once you connected to the network, you build up your own database of nodes in the network and no longer need the seed nodes.
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Hi Folks, I am totally new to this and maybe already to old tounderstand this stuff: I opend a account with openledger, transferred funds, backed up my wallet.
1.when i closed the browser and return the next day to the page do I have to upoload my wallet every time? or just after transactiotions took place ?
2. and I am confused with Password and the use of these keys: ...Password to unlock my wallet ? when do i have to use the private key? and the public one?
can someone pls shed a bit of light on this for a possible better understanding what i am up to ?
thanks
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1. you wallet is stored in your browser in an encrypted form - if you come back with the same browser, you only need to provide the passphrase to unlock your account.
2. depends how you created your account. If you chose "WALLET MODE", your password is to unlock your wallet that is stored in your browser. If you chose "ACCOUNT MODE", your browser doesn't store anything, but your password is used to regenerated your private keys.
It is important to keep the *PRIVATE KEY* as private as possible!! while the public key is derived from it in a one-way-only way and can be public.
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thank you xeroc
for what do I need the private key, or the public key ?
if I have access to my wallet through a pw ?
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thank you xeroc
for what do I need the private key, or the public key ?
if I have access to my wallet through a pw ?
the privatekey is required to authenticate your transactions on the blockchain.
It allows you to digital signatures
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Public key is the safe, Private key is the key. Anyone can see what's in the safe, but only you have private key to open it. Backup is container for your safe and key, locked with password.
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thank you nmywn,
so in the case of a backup I don't store my Value(funds) i just backup the means to access them,
conclusion: if I have a backup of my wallet it contains my PW & Private KEY, with that backup I can reload my browser (with my wallet from the chain) and from anywhere to Access my funds ....that correct ?
does this private key never Change ?
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Download Bitshares client: bitshares.org/download and import your backup there. As an exercise. This should answer your question and give you some more confidence.
Public key is derived from Private. That pair can't change. My example is just simplification to give you idea how backup works.
Minimum backup required to get back your account is just Private key written somewhere on paper ( in case you forgot your password).
Private key is a key.
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conclusion: if I have a backup of my wallet it contains my PW & Private KEY, with that backup I can reload my browser (with my wallet from the chain) and from anywhere to Access my funds ....that correct ?
With your backup AND your password.
You can't restore your backup without your password!
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thanks a lot to everyone
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nmywn, ist that a test environment?
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@rex
No, it's official client. Did you manage to import backup, or it was just to confusing?
I wrote you little step-by-step (almost).
https://github.com/bitshares/bitshares-ui/issues/124
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thank you nmywn,
you are very considerate, yes with every new day i get more confident....but until i will understand everything I m doing a decade hast to pass...
more questions,
1.backups have a time stamp and are therefore different, what if I loose the newest one but have access to older backups?
2. what is the difference between brain key an private key?
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1. Backup hold your keys, so it's allways the same as long as you don't change them - I'm far from being an expert here. Anyway, your old backup will work.
2. Brainkey is the seed (literally). Your keys were generated from that phrase. That phrase is enough to bring back your account if your backup or password is lost.
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thankyou nmywn,
so the private key is just some technical sequence and unknown to me. I can change the sequence if I think it is necessary without having to write something down for later recovery, because that is the brainkey for -
even mor keys: would you recommend adjusting active permission / owner permissionkeys, if I am lone user....should I give someone permissions for saftey reasons ?
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Hello nmywn, something more pressing,
what happens with the following transaction,:
I wrongfully entered my USDT adress into a btc withdrawal to openledger, and only recognised it after confirming the transaction. can you please share your thougts on this with me?
how does dis affect the blockchain, where did the coins go, what does it mean,....lost in space?
thank you for your sharing your kowledge on this......
rex
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I don't know much about USDT . But I can see it is similar to BTC, so address is valid on bitcoin blockchain. You can check this on Blockchain.info - type your USDT address in search box. Good news is (at least that google said) your USDT keys will work on BTC blockchain, but I don't know how to import.
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hello community,
I accidentally deposited BTC from my wallet to my openledger USDT wallet address, does someone know how to retrieve the coins?
openeldger support is already checking, until now no response.
the transaction is there with error "adress could not be verifed" on the chain.
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Does someone know how openledger charges their fees? does placing an order actually cost me the fee they show when placing the order, or do they charge me only when the order is executed.
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Hi guys, just wondering if I should be claiming this or what I should be doing with it? Wasn't expecting it to be there . . .
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Vesting balances contain any fees earned through the referral program or from worker pay for example. They have a certain vesting period and are continually unlocked during that vesting period until all funds are available
Balance #1.13.1502
Vesting balance amount 1.37569 BTS
Coin days earned 124 coin days
Coin days required 124 coin days
Days left of vesting period days
Available to claim 100.00% / 1.37569 BTS
CLAIM NOW TRY TO CLAIM ALL
___
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Does someone know how openledger charges their fees? does placing an order actually cost me the fee they show when placing the order, or do they charge me only when the order is executed.
What you call "openledger" is actually the BitShares DEX. Openledger is just a web frontend.
That said, in BitShares there are two types of fees that come into play while trading:
1. Transaction fees, paid to the network. Placing an order on the DEX costs a transaction fee (just like transferring stuff to another account). This fee is deducted from your balance immediately. If you cancel the order before it was at least partially filled, most of the transaction fee will be returned to your wallet.
2. Market fees paid to the issuer of the asset you're buying. Whenever someone creates a token in BitShares, they can specify a percentage of the trading volume they will receive as a fee. Buying BTS or most of the blockchain's SmartCoins does not cost a market fee. Buying user issued assets, like OPEN.BTC for example, will cost a market fee. That fee only applies when an actual trade occurs, and only for the volume being traded.
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Hi guys, just wondering if I should be claiming this or what I should be doing with it? Wasn't expecting it to be there . . .
___
Vesting balances contain any fees earned through the referral program or from worker pay for example. They have a certain vesting period and are continually unlocked during that vesting period until all funds are available
Balance #1.13.1502
Vesting balance amount 1.37569 BTS
Coin days earned 124 coin days
Coin days required 124 coin days
Days left of vesting period days
Available to claim 100.00% / 1.37569 BTS
CLAIM NOW TRY TO CLAIM ALL
___
If you have a lifetime accout you will receive 80% of the transaction fees you have paid as cashback, in the form of a vesting balance. In order to spend these funds you have to claim them first, but note that claiming them costs a significant transaction fee. You should wait until your vesting balance has grown much bigger, otherwise you're just wasting your money.
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Hello PC, from your answer I get it that I pay already some fees for placing an order, indifferent of it being executed or not. that right?
so I should stop placing orders and cancelleing them because I am paying for it ?
thanks for explaining.
rex
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Hello PC, from your answer I get it that I pay already some fees for placing an order, indifferent of it being executed or not. that right?
You pay a fee for placing an order, but the fee is refunded if you cancel the order before it is (partially) filled.
so I should stop placing orders and cancelleing them because I am paying for it ?
That depends on your trading strategy. There's a lot of bots on the DEX that regularly place and cancel orders.
Keep in mind that the fee for placing an order is very low (currently 0.0121 BTS, see http://cryptofresh.com/fees ). Cancelling an order costs 10% of that, so effectively you get a 90% refund.
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Thank you PC for your very thorough reply.
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Hello folks,
openledger made some changes ....and under settings in the wallet mode there is no longer the backup option to be found....so how do I create a backup of the wallet now?
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got in touch with support, they made a mistake when upgradin DEX, an left out the backup option under settings.....
to implement the backup optionalty again, will take 'em about a week, they said.