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Messages - R

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241
General Discussion / Re: Review of BAIP2
« on: March 30, 2020, 12:07:15 am »
You PERSONALLY and all of your bullshit BSIPS and BAIPS related to making margin call impossible are what have ruined the architecture of the smartcoin ecosystem.

if you are too stupid to understand what is shorting attack/ death spiral, I don't know how to explain to you.
Your actions have been the true death spiral for bitshares & the bitassets. Shame on you.

242
Ok, let's check the others how to design the stable coin, how to to prevent bad debt.

Maybe this can awaken someone.

MOV Stable Financial System

https://cdn.bytom.io/res/MOV-Stable-EN.pdf
Another NON solution. The solution was global settlement. Stop evading the consequences of bad gambling. BSIP76 shames CNY on an international level.

The global settlement is not the solution, it's will give more worse result to the normal debtor and holder, bitgold,bitbtc,bitsilver had been global settlement very long time, it didn't solve any problems.

Bonds give a choice to holders of biassets, and didn't need to bear too much dangerous, help to solve the bad debts getting the interest from the Bonds, or just want to wait the market giving a choice or surprise.
feed price will still be normal price.

The consequence of global settlement already applies to bitasset holders; their held bitassets have depreciated significantly in value & they cannot be settled for the correct accurate value. Fixed feeds are not normal prices.

243
General Discussion / Re: bitCNY live on LATOKEN from 14 October
« on: March 28, 2020, 03:49:58 pm »
Quote
Chinese Yuan pegged stablecoin bitCNY
bitCNY isn't pegged to CNY right now though (see BSIP76)
You buy more BTS make the price above 0.22 then it's pegged again.
bitCNY is ONCE AGAIN no longer pegged to CNY, with a peak of 70%+ below the peg. Multiple exchanges have been misled about the true state of bitCNY, extending the BSIP76 fraud scope significantly.

244
No point, BAIP2 was proven completely ineffective by BSIP76 repeatedly triggering.

245
Stakeholder Proposals / Re: [Poll] BSIP76:Set bitCNY feed threshold
« on: March 28, 2020, 03:39:29 pm »
BSIP76 is a scam. Even to this day the bitshares.org website misleads investors: https://bitshares.org/technology/price-stable-cryptocurrencies/

BSIP76 has HUMILIATED CNY on an international stage & destroyed the credibility of bitassets as a store of value permanently.

Shame on all BSIP76 proponents.

If you do not understand what sense does BSIP76 make, update yourself.

bitshares.org need update.

we understand BSIP76 make bitCNY&bitUSD peg off, but there is no better choice.

to stop the death spiral from destroying BTS, we have to do so.

what we need to do is make BTS price above the threshold stably, the way is to make the system income support BTS price, and that is what the core prelude worker focus on.

BSIP76 has repeatedly defrauded tens of thousands of bitasset holders via BSIP76. This has been worse for BTS than all the proposal scammers combined detrimental impact on bitshares. Shame on BSIP76 proponents for degrading the reputation&value of bitassets to save yourself/friends from bad gambling outcomes.

It's not just the website that deceives users, but it's also the CNY asset details which lie about it being pegged to the CNY. It's not pegged to the CNY but a fake number. Why lie about the asset? Why humiliate the real CNY & China like this?

The correct outcome should have been globally settlement, as originally intended, as fully known/acknowledged by all bitasset participants. Face reality instead of cheating the system to the direct detriment of the platform as a whole.

246
General Discussion / Re: Market making contest (main thread)
« on: March 28, 2020, 02:15:56 pm »
Why are scamcoins being included in this contest?

247
OpenLedger / OPEN.GRC DISABLED FOR 2 YEARS WITH NO JUSTIFICATION
« on: March 28, 2020, 01:53:19 pm »
For about 2 years now, Openledger has disabled the OPEN.GRC (Gridcoin) EBA/UIA.

All support tickets have responded with "check the blog for news", there is no relevant OPEN.GRC news.

It's sad to see OpenLedger go down this path, hopefully they will change course an regain their reputation.

Careful depositing, you might not get it back.

248
Stakeholder Proposals / Re: [Poll] BSIP59:Reduce MCR of bitCNY to 1.5
« on: March 28, 2020, 01:38:15 pm »

249
Stakeholder Proposals / Re: [Poll] BSIP76:Set bitCNY feed threshold
« on: March 28, 2020, 01:35:57 pm »
BSIP76 is a scam. Even to this day the bitshares.org website misleads investors: https://bitshares.org/technology/price-stable-cryptocurrencies/

BSIP76 has HUMILIATED CNY on an international stage & destroyed the credibility of bitassets as a store of value permanently.

Shame on all BSIP76 proponents.

250
In retrospect, BAIP2 was a complete failure. BSIP76 has had to be invoked twice now. How humiliating to CNY on an international stage. Come up with real BAIPs which will have a real impact.

251
Stakeholder Proposals / Re: [Poll] BSIP76:Set bitUSD feed threshold
« on: March 28, 2020, 01:32:10 pm »
Back to feeding fake bitUSD price feed values, fail. bitUSD is not a store of value anymore for holders.

I also think the time is too long , we should let bitUSD have a normal feed price ;D

So let's do it?

Do you like to make a proposal for bitUSD?I will vote for it.

and i think we can chose different team from committees and wittness to manage different bitasset, so we can see the result, how about?

Someone creat the HONEST.USD, i think his team can charge the bitusd to make bitusd more better, what do you think?

Surely since you were a repeated proponent of the BSIP76 SCAM, the onus to resolve the SCAM is on the SCAMMERS? Fix the probem you helped create instead of rely on the victims of the bitasset SCAMS to fix it. What a terrible state of affairs, BSIP76 proponents have destroyed the reputation of bitassets permanently.

252
General Discussion / Re: Guys, Let's play with bitEUR!
« on: March 28, 2020, 01:28:42 pm »
@litepresence

You can play your scam with yourself be happy.
Bitassets are the repeated scam coins, not honest mpa. Get the facts right - bitcny & bitusd are dead scam coins, biteur will likely suffer the same fate as they're controlled by the same actors who implemented the BSIP76 scam.

253
Why would anyone force settle bitCNY whilst the price feeds are actively fraudulent? Seems like a direct attack on all smartcoins to drive users back to the bitasset scam coins, it will fail.

254
General Discussion / Re: Review of BAIP2
« on: March 28, 2020, 01:25:32 pm »
BAIP2 completely failed; BSIP76 has once again had to bail out bad debtors by mandatory theft of asset value from bitasset holders. Bitassets are effectively scam coins with this arrangement.

255
And this can't happen in BTS to remove the scammers from the platform?

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