BitShares Forum

Main => Stakeholder Proposals => Topic started by: 麥可貓 on May 19, 2015, 11:43:24 am

Title: [Proposal] ability to sell BTA in realtime feed price
Post by: 麥可貓 on May 19, 2015, 11:43:24 am
[curreny situation] if i want to sell 1 bitUSD for bts that equals to 1 usd,  i have to calculate by myself,  and if the price changed later,  i have to retract my sell and re-calculate.
[proposal] add the option for dummies like me to sell bitUSD (and other BTA) in just the usd feed price of bts,  and the exact number would change accordingly to the bts/usd price
Title: Re: [Proposal] ability to sell BTA in realtime feed price
Post by: pc on May 19, 2015, 11:48:15 am
That's also known as "relative orders". I believe relative orders have been postponed.
Title: Re: [Proposal] ability to sell BTA in realtime feed price
Post by: 麥可貓 on May 19, 2015, 12:06:21 pm
That's also known as "relative orders". I believe relative orders have been postponed.

Thanks.  I believe this function can aid peg to fiat,  and attract dummies who just want to exchange bitusd for usd
Title: Re: [Proposal] ability to sell BTA in realtime feed price
Post by: Yao on July 06, 2015, 12:05:21 pm
Good idea! :D
Title: Re: [Proposal] ability to sell BTA in realtime feed price
Post by: merivercap on August 13, 2015, 12:36:05 am
That's also known as "relative orders". I believe relative orders have been postponed.

Thanks.  I believe this function can aid peg to fiat,  and attract dummies who just want to exchange bitusd for usd

I think this would be fantastic!  We should make this happen ASAP!

I also want to create a Privatized BTA that forces margin-called BitUSD from undercollateralized shorts to be bought at the price feed.  If we can create a market at the feed I think it will make things easier for users thereby increasing liquidity.   Most trading will probably swing tightly around the feed which would be great.