BitShares Forum

Main => General Discussion => Topic started by: biophil on August 29, 2014, 02:55:03 pm

Title: Are delegates feeding random numbers for the USD/BTSX price?
Post by: biophil on August 29, 2014, 02:55:03 pm
Why is the average delegate USD/BTSX equal to 0.0556??? According to http://bitsharesblocks.com/#/assets/asset?id=22 (http://bitsharesblocks.com/#/assets/asset?id=22).

What is the feed number used for? Does it affect margin calls, or is that just the market price? If margin calls depend on price feeds, no wonder the peg is so far off - delegates are saying that a BTSX is still worth 5 cents, so we haven't had the flood of margin calls that should have blown out the shorts of all these people trading against the peg.

If the feed doesn't really affect anything, then ignore me. Otherwise, delegates are not doing their job. Only a very few delegates are feeding an accurate price.
Title: Re: Are delegates feeding random numbers for the USD/BTSX price?
Post by: emski on August 29, 2014, 03:00:15 pm
 wallet_publish_price_feed angel-delegate 0.022 USD

This was the last feed I published.

Some of the feeds listed on the page are expired.
Others belong to delegates not in top101.
Nothing to worry about.
Title: Re: Are delegates feeding random numbers for the USD/BTSX price?
Post by: CoinHoarder on August 29, 2014, 03:04:31 pm
I was told that the moving average already took over for bitUSD and we didn't need to publish feeds for it. Is that correct or no?
Title: Re: Are delegates feeding random numbers for the USD/BTSX price?
Post by: emski on August 29, 2014, 03:07:39 pm
Although there are numbers listed there that look odd.
Perhaps delegates that were feeding $1 per BTSX or $0.0 per BTSX can enlighten us how did they acquire these numbers.
Title: Re: Are delegates feeding random numbers for the USD/BTSX price?
Post by: theoretical on August 29, 2014, 11:31:49 pm
I was told that the moving average already took over for bitUSD and we didn't need to publish feeds for it. Is that correct or no?

That was correct at one time, but there may be changes coming.  Read this thread:  https://bitsharestalk.org/index.php?topic=7965.0
Title: Re: Are delegates feeding random numbers for the USD/BTSX price?
Post by: Riverhead on August 29, 2014, 11:35:26 pm



I use a script to populate the values.  They are pulled every few seconds and update when they get more than 5% off. It was written by Alt and is in git hub.
Title: Re: Are delegates feeding random numbers for the USD/BTSX price?
Post by: liondani on August 30, 2014, 01:26:06 am
Although there are numbers listed there that look odd.
Perhaps delegates that were feeding $1 per BTSX or $0.0 per BTSX can enlighten us how did they acquire these numbers.

I have an idea:

The system could ignore from calculations  for example 10 prize feeds (from the 51 needed)...
The top 5 with the top values and the last 5 with the bottom values... so extreme values like on your example wouldn't be a part of the equation  ;)

EXAMPLE:

0
0.001
0.012
0.020
0.024

----------------------------------------
0.0242
0.0243
0.0244444
0.025
etc
...

..

---------------------------------------
0.027
0.030
0.5
0.8
1



IGNORE THE RED  PRIZE FEEDS
INCLUDE GREEN PRIZE FEED
Title: Re: Are delegates feeding random numbers for the USD/BTSX price?
Post by: Riverhead on August 30, 2014, 08:32:43 am
I use a script to populate the values.  They are pulled every few seconds and update when they get more than 5% off. It was written by Alt and is in git hub.


Changed the script to only pull updates every 12 hours. It was running every minute and in this volatile market my delegate was going broke lol.


Code: [Select]

2014-08-30T00:50:38 350794    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.02444127940099291 USD / ... -22.36269 BTSX          0.50000 BTSX        ff53f899
2014-08-30T00:51:41 350801    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.02278831285098071 USD / ... -22.86269 BTSX          0.50000 BTSX        aad9db6e
2014-08-30T00:51:41 350801    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.14000000000000002 CNY / ... -23.36269 BTSX          0.50000 BTSX        de694031
2014-08-30T00:52:44 350807    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.02444941808415398 USD / ... -23.86269 BTSX          0.50000 BTSX        205fc0d6
2014-08-30T00:52:44 350807    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.150205 CNY / BTSX           -24.36269 BTSX          0.50000 BTSX        c6e17430
2014-08-30T00:52:44 350807    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.00004736 BTC / BTSX         -24.86269 BTSX          0.50000 BTSX        edf9ec9b
2014-08-30T02:38:42 351433    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.000051395 BTC / BTSX        -25.36269 BTSX          0.50000 BTSX        f07732ae
2014-08-30T03:48:09 351839    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.0000472 BTC / BTSX          -25.86269 BTSX          0.50000 BTSX        95914e41
2014-08-30T03:49:17 351844    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.00005215 BTC / BTSX         -26.36269 BTSX          0.50000 BTSX        7c5b758b
2014-08-30T05:02:53 352285    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.000046754999999999 BTC /... -26.86269 BTSX          0.50000 BTSX        36144829
2014-08-30T06:28:20 352795    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.00004918 BTC / BTSX         -27.36269 BTSX          0.50000 BTSX        a2e066c2
2014-08-30T07:02:33 352996    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.00005164 BTC / BTSX         -27.86269 BTSX          0.50000 BTSX        c86bd90b
2014-08-30T07:09:58 353040    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.00004715 BTC / BTSX         -28.36269 BTSX          0.50000 BTSX        1e061035
2014-08-30T08:06:40 353382    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.15084999999999998 CNY / ... -28.86269 BTSX          0.50000 BTSX        09a56c83
2014-08-30T08:06:40 353382    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.00004741 BTC / BTSX         -29.36269 BTSX          0.50000 BTSX        3408e710
2014-08-30T08:06:40 353382    riverhead-del-se... riverhead-del-se... 0.00000 BTSX            publish price 0.02455440709693171 USD / ... -29.86269 BTSX          0.50000 BTSX        3c7c1605