BitShares Forum

Main => General Discussion => Topic started by: bluebit on March 24, 2015, 11:40:28 pm

Title: I don't want to buy Bitshares
Post by: bluebit on March 24, 2015, 11:40:28 pm
I don't want to buy Bitshares, all I want is to buy/sell BitUSD for Bitcoin, or some other asset for Bitcoin.
Title: Re: I don't want to buy Bitshares
Post by: speedy on March 25, 2015, 12:02:34 am
So you want to use the cross markets then like BitBTC:BitUSD ?
Title: Re: I don't want to buy Bitshares
Post by: onceuponatime on March 25, 2015, 12:03:48 am
Quote from: bluebit on March 24, 2015, 11:40:28 pm
I don't want to buy Bitshares, all I want is to buy/sell BitUSD for Bitcoin, or some other asset for Bitcoin.

Here you go:     https://metaexchange.info/markets/BTC/bitUSD
Title: Re: I don't want to buy Bitshares
Post by: dannotestein on March 25, 2015, 08:19:08 pm
Quote from: onceuponatime on March 25, 2015, 12:03:48 am
Quote from: bluebit on March 24, 2015, 11:40:28 pm
I don't want to buy Bitshares, all I want is to buy/sell BitUSD for Bitcoin, or some other asset for Bitcoin.

Here you go:     https://metaexchange.info/markets/BTC/bitUSD
This also works: https://blocktrades.us/unregistered_trade/btc/bitusd
Title: Re: I don't want to buy Bitshares
Post by: luckybit on March 25, 2015, 08:24:42 pm
Quote from: speedy on March 25, 2015, 12:02:34 am
So you want to use the cross markets then like BitBTC:BitUSD ?

That is what we all want. Why can't we do this?

In specific in the Bitshares client why can't we trade BitBTC:BitUSD? Can someone explain why we are trading BTS:BitUSD and BTS:BitBTC? No one wants to trade BTS and BitBTS. We want to trade BitFiat for BitBTC.
Title: Re: I don't want to buy Bitshares
Post by: mint chocolate chip on March 25, 2015, 08:30:48 pm
Quote from: luckybit on March 25, 2015, 08:24:42 pm
Quote from: speedy on March 25, 2015, 12:02:34 am
So you want to use the cross markets then like BitBTC:BitUSD ?

That is what we all want. Why can't we do this?

In specific in the Bitshares client why can't we trade BitBTC:BitUSD? Can someone explain why we are trading BTS:BitUSD and BTS:BitBTC? No one wants to trade BTS and BitBTS. We want to trade BitFiat for BitBTC.

BINGO!
Title: Re: I don't want to buy Bitshares
Post by: Xeldal on March 25, 2015, 08:59:42 pm
Quote from: luckybit on March 25, 2015, 08:24:42 pm
Quote from: speedy on March 25, 2015, 12:02:34 am
So you want to use the cross markets then like BitBTC:BitUSD ?

That is what we all want. Why can't we do this?

In specific in the Bitshares client why can't we trade BitBTC:BitUSD? Can someone explain why we are trading BTS:BitUSD and BTS:BitBTC? No one wants to trade BTS and BitBTS. We want to trade BitFiat for BitBTC.

You can.  Its not easy to find though.  You have to search for " bitUSD:bitBTC  "  in the market search under featured markets.
searching for bitBTC:bitUSD will not give any results.
Title: Re: I don't want to buy Bitshares
Post by: luckybit on March 25, 2015, 09:06:00 pm
Quote from: Xeldal on March 25, 2015, 08:59:42 pm
Quote from: luckybit on March 25, 2015, 08:24:42 pm
Quote from: speedy on March 25, 2015, 12:02:34 am
So you want to use the cross markets then like BitBTC:BitUSD ?

That is what we all want. Why can't we do this?

In specific in the Bitshares client why can't we trade BitBTC:BitUSD? Can someone explain why we are trading BTS:BitUSD and BTS:BitBTC? No one wants to trade BTS and BitBTS. We want to trade BitFiat for BitBTC.

You can.  Its not easy to find though.  You have to search for " bitUSD:bitBTC  "  in the market search under featured markets.
searching for bitBTC:bitUSD will not give any results.

Why isn't it featured? Why aren't we all using it now?
Title: Re: I don't want to buy Bitshares
Post by: dannotestein on March 25, 2015, 09:14:43 pm
Quote from: luckybit on March 25, 2015, 09:06:00 pm
Quote from: Xeldal on March 25, 2015, 08:59:42 pm
Quote from: luckybit on March 25, 2015, 08:24:42 pm
Quote from: speedy on March 25, 2015, 12:02:34 am
So you want to use the cross markets then like BitBTC:BitUSD ?

That is what we all want. Why can't we do this?

In specific in the Bitshares client why can't we trade BitBTC:BitUSD? Can someone explain why we are trading BTS:BitUSD and BTS:BitBTC? No one wants to trade BTS and BitBTS. We want to trade BitFiat for BitBTC.

You can.  Its not easy to find though.  You have to search for " bitUSD:bitBTC  "  in the market search under featured markets.
searching for bitBTC:bitUSD will not give any results.

Why isn't it featured? Why aren't we all using it now?

I can't answer for the wallet, but I can say that we see far more purchases of BTS than BitUSD at blocktrades.us. So I suspect there is simply more interest in market speculation than in a stable place to hold value among the core user base right now (or else they don't trust USD to hold value at the moment), although the above posts make it clear that it's not true for everyone here. Also, I'm not sure how liquid bitBTC is currently.

I do agree that BitBTC/BitUSD is an important market, since it would give Bitcoin speculators an easy way to "park" value in a more stable asset and that it should be highlighted if we have or can get some good market makers operating for it.
Title: Re: I don't want to buy Bitshares
Post by: speedy on March 25, 2015, 09:30:44 pm
Quote from: luckybit on March 25, 2015, 09:06:00 pm
Quote from: Xeldal on March 25, 2015, 08:59:42 pm
You can.  Its not easy to find though.  You have to search for " bitUSD:bitBTC  "  in the market search under featured markets.
searching for bitBTC:bitUSD will not give any results.

Why isn't it featured? Why aren't we all using it now?

svk/valentine I know that there is a huge redesign in the newlayout_market branch that will add these to the featured page, but can we just have a quick fix for this in the meantime? Everyone wants to get this market going!

This could have gone into 0.8 or 0.8.1
Title: Re: I don't want to buy Bitshares
Post by: yellowecho on March 25, 2015, 11:34:00 pm
Quote from: dannotestein on March 25, 2015, 09:14:43 pm
I do agree that BitBTC/BitUSD is an important market, since it would give Bitcoin speculators an easy way to "park" value in a more stable asset and that it should be highlighted if we have or can get some good market makers operating for it.

I agree.  In fact, it might be a decent idea to have a dedicated light weight bitBTC:bitUSD wallet for this exact purchase and market it to BTC fans.
Title: Re: I don't want to buy Bitshares
Post by: bitmarket on March 26, 2015, 12:04:40 am
Quote from: yellowecho on March 25, 2015, 11:34:00 pm
Quote from: dannotestein on March 25, 2015, 09:14:43 pm
I do agree that BitBTC/BitUSD is an important market, since it would give Bitcoin speculators an easy way to "park" value in a more stable asset and that it should be highlighted if we have or can get some good market makers operating for it.

I agree.  In fact, it might be a decent idea to have a dedicated light weight bitBTC:bitUSD wallet for this exact purchase and market it to BTC fans.

Moonstone on the way.
Title: Re: I don't want to buy Bitshares
Post by: xeroc on March 26, 2015, 07:08:57 am
Quote from: bitmarket on March 26, 2015, 12:04:40 am
Quote from: yellowecho on March 25, 2015, 11:34:00 pm
Quote from: dannotestein on March 25, 2015, 09:14:43 pm
I do agree that BitBTC/BitUSD is an important market, since it would give Bitcoin speculators an easy way to "park" value in a more stable asset and that it should be highlighted if we have or can get some good market makers operating for it.

I agree.  In fact, it might be a decent idea to have a dedicated light weight bitBTC:bitUSD wallet for this exact purchase and market it to BTC fans.

Moonstone on the way.

maybe with moonstone it will be possible to have a dedicated app for BTC uses that has the markets denominated with bitBTC as 'base' instead of BTS .. that would be cool