BitShares Forum

Main => Stakeholder Proposals => Topic started by: clayop on January 16, 2015, 08:23:22 pm

Title: Relative order for combinations of BitAssets
Post by: clayop on January 16, 2015, 08:23:22 pm
As now, if I attempt to convert bitCNY into bitUSD, I have to go through bitCNY:BTS and bitUSD:BTS market since bitCNY:bitUSD market is not that active. Plus, when I go bitCNY:bitUSD market, the wallet says "insufficient feeds" although there're already enough feeds for USD and CNY. We can easily create the bitCNY:bitUSD feed with medians of USD and CNY and this can be applied to relative order function in this pair.
With relative order in a pair of BitAssets, people won't be bothered by spread of both CNY:BTS and USD:BTS market. Once market makers come to bitCNY:bitUSD market and with some spread (I guess 1% or less), people are able to convert their local currency into foreign ones.
Title: Re: Relative order for combinations of BitAssets
Post by: xeroc on January 16, 2015, 08:27:59 pm
The trade bug will be fix automatically after the hard fork in a few days ...


Relative orders across bitassets ... no idea ... but there has been a discussion about this already in here somewhere
Title: Re: Relative order for combinations of BitAssets
Post by: clayop on January 19, 2015, 07:15:33 pm
Can someone find related discussion? I couldn't find it :(
Title: Re: Relative order for combinations of BitAssets
Post by: islandking on January 19, 2015, 07:23:41 pm
Can someone find related discussion? I couldn't find it :(

https://bitsharestalk.org/index.php?topic=13385.0
Title: Re: Relative order for combinations of BitAssets
Post by: clayop on January 19, 2015, 07:46:15 pm
Can someone find related discussion? I couldn't find it :(

https://bitsharestalk.org/index.php?topic=13385.0

Thanks a lot @islandking