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Main => General Discussion => Topic started by: Shentist on September 01, 2014, 07:54:57 pm

Title: Bytemaster please explain the new tradingrules in 0.4.10
Post by: Shentist on September 01, 2014, 07:54:57 pm
looks to me the new implemeted rules killed every trading. compared with the volume before it is a joke in the bitUSD market.

i am a supporter to let it go and watch. why restrict something 3 days old? it is only natural that it have to be balanced out and it will happen with time and trading.

maybe you can explain it a little bit what changes now encoded, because i just can place bids and short. nothing will happen. i can match the bid or ask side nothing happens. looks broke in my eyes.
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: tonyk on September 01, 2014, 08:12:44 pm
 +5%

I can explaine what I have learned through trail and error but it will definitely not be the same.
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: maqifrnswa on September 01, 2014, 08:17:48 pm
maybe you can explain it a little bit what changes now encoded, because i just can place bids and short. nothing will happen. i can match the bid or ask side nothing happens. looks broke in my eyes.

trading is still paused due to insufficient market depth
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: Shentist on September 01, 2014, 08:19:25 pm
maybe you can explain it a little bit what changes now encoded, because i just can place bids and short. nothing will happen. i can match the bid or ask side nothing happens. looks broke in my eyes.

trading is still paused due to insufficient market depth

then just found a bug, because no message in the top. in the past everytime it would show the message.
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: Shentist on September 01, 2014, 08:21:40 pm
it's not right. a trade occured just now!
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: maqifrnswa on September 01, 2014, 08:36:19 pm
it's not right. a trade occured just now!

you're right, i'll correct it! there's less than 20 million btsx on each side (that used to be the min. depth)
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: tonyk on September 01, 2014, 08:42:31 pm

The required depth is 10 mil BTSX (0.5% of total BTSX supplely) since  0.4.9, I think...
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: bytemaster on September 01, 2014, 08:45:56 pm
Min Depth is 10M BTSX.
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: Shentist on September 01, 2014, 08:51:53 pm
without short the minimum ask is right now

0.0303

tha actual bid price is also 0.303

no matching for 5 minutes
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: tonyk on September 01, 2014, 08:56:50 pm
without short the minimum ask is right now

0.0303

tha actual bid price is also 0.303

no matching for 5 minutes

That is due to rounding error. If the bid is increased by 0.0001 BTSX/USD it will go through.

[edit] actually by 0.00000003 will be enough in this case
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: Shentist on September 01, 2014, 08:58:58 pm
ok, if this the case, this should be fixed as well. it is not possible to see that.
and you can't modify an order only cancel.
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: bytemaster on September 01, 2014, 08:59:27 pm
ok, if this the case, this should be fixed as well. it is not possible to see that.

I agree.  We have already talked about this particular issue. 
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: Shentist on September 01, 2014, 09:01:34 pm
so bytemaster the shorts are ignored till what point exact? maybe something like a line or information could be displayed
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: oco101 on September 01, 2014, 09:02:39 pm
so bytemaster the shorts are ignored till what point exact? maybe something like a line or information could be displayed

+1
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: bytemaster on September 01, 2014, 09:03:05 pm
so bytemaster the shorts are ignored till what point exact? maybe something like a line or information could be displayed

A GUI update is about to be pushed to clarify this.  They are ignored until the median price feed is above their price.
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: Shentist on September 01, 2014, 09:05:29 pm
so median is not average . will the median be displayed?
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: toast on September 01, 2014, 09:08:33 pm
we have a series of GUI improvements which we will be able to push out over the next few days without client updates after the next release
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: oco101 on September 01, 2014, 09:10:15 pm
we have a series of GUI improvements which we will be able to push out over the next few days without client updates after the next release
+1 In the meantime is there a way to see the median price in 0.4.10 ?
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: tonyk on September 01, 2014, 09:13:42 pm
In the meantime is there a way to see the median price in 0.4.10 ?

Code: [Select]
blockchain_get_feeds_for_asset USD
Right now:
USD: 0.029499999999999998       ~33.8983BTSX/bitBTC

BTC: 6.2844999999999999e-05     ~15,912BTSX/bitBTC
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: calvin on September 02, 2014, 11:47:32 am
Where can I find the complete rules of BitsUSD trading? Will they valid in certain time period or they are keep changing? Will we receive an advance notice before it changes? I have kept update the wallet in these days and watch the BitUSD trading but still could not figure out the rules.
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: liondani on September 02, 2014, 12:33:17 pm
hope we need no rules soon... ::)
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: bytemaster on September 02, 2014, 01:00:24 pm
hope we need no rules soon... ::)

No Rulez... Just Right..
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: biophil on September 02, 2014, 01:07:17 pm
Where can I find the complete rules of BitsUSD trading? Will they valid in certain time period or they are keep changing? Will we receive an advance notice before it changes? I have kept update the wallet in these days and watch the BitUSD trading but still could not figure out the rules.

I think the only foolproof reference is the code itself. The project is developing fast, and I'm not aware of a single comprehensive up-to-date source of documentation.

Sent from my SCH-S720C using Tapatalk 2

Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: bytemaster on September 02, 2014, 01:11:34 pm
Where can I find the complete rules of BitsUSD trading? Will they valid in certain time period or they are keep changing? Will we receive an advance notice before it changes? I have kept update the wallet in these days and watch the BitUSD trading but still could not figure out the rules.

I think the only foolproof reference is the code itself. The project is developing fast, and I'm not aware of a single comprehensive up-to-date source of documentation.

Sent from my SCH-S720C using Tapatalk 2

We will publish the rules once they stop changing which I am fairly certain we are converging on a set of manageable rules.
Title: Re: Bytemaster please explain the new tradingrules in 0.4.10
Post by: liondani on September 02, 2014, 01:15:49 pm
Where can I find the complete rules of BitsUSD trading? Will they valid in certain time period or they are keep changing? Will we receive an advance notice before it changes? I have kept update the wallet in these days and watch the BitUSD trading but still could not figure out the rules.

I think the only foolproof reference is the code itself. The project is developing fast, and I'm not aware of a single comprehensive up-to-date source of documentation.

Sent from my SCH-S720C using Tapatalk 2

We will publish the rules once they stop changing which I am fairly certain we are converging on a set of manageable rules.

and it should be easy to follow in real time when trading... (with instructions, different colors etc...)