BitShares Forum
Main => General Discussion => Topic started by: Riverhead on November 15, 2014, 04:13:40 am
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Almost 10k bitUSD in forced cover.
(http://i.imgur.com/6pLcVTj.png)
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That one is a dainty appetizer compared with a couple days later...
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Why is the call price 96 BTS per bitusd? Should it be around 50-60 BTS per bitusd?
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It seems the current implementation is that a position is called when two thirds of the collateral would be needed to repurchase the debt. It used to be 75 % but it must have been dropped to 66.7 %
So 1187311 * 0.6666 / 8170 = 96.88
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It seems the current implementation is that a position is called when two thirds of the collateral would be needed to repurchase the debt. It used to be 75 % but it must have been dropped to 66.7 %
So 1187311 * 0.6666 / 8170 = 96.88
aha... so it seems.