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Topics - cylonmaker2053

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31
I've been off grid from the community for a bit, so i apologize if this topic is a repeat. if so, i'd love to see the discussion.

Yesterday was my first time opening up my Web wallet and playing around for at least a few months, and i have to say i'm VERY impressed with where the devs have gone with the technology! We have an awesome infrastructure in place, just need to attract people (and money) to play in our sandbox.

I still see bitUSD as our most valuable product and pushing for its acceptance by merchants, or just use in online funds transfers would be the best way to put the blockchain to good use. Would anyone else be interested in a campaign to market bitUSD? Off the top of my head I'm thinking this would entail getting it incorporated into cryptocurrency payment services (i just petitioned here: https://www.coinpayments.net/addcoin ...everyone else reading this should also petition), games, gambling sites, tip bots, and anything else you can think of that transfers value online.

Any other ideas for sparking bitUSD demand? it'd be great if we could get some businesses to issue bitUSD-denominated bonds on our DEX.

*I also like bitCNY, but don't think the Chinese government would be too accepting of merchants using it. Nonetheless, any Chinese nationals on here should feel free to adopt a similar marketing campaign locally!


32
General Discussion / 2.0 is here, so how do we earn interest?
« on: November 09, 2015, 09:35:08 pm »
my first aha moment with Bitshares was when i learned that we could buy bitUSD and earn interest just by holding it. i loved that feature, but it was programmed out of 2.0 with the idea of separating asset creation from the interest. Now that we're in a BTS 2.0 world, how do we go about owning bitUSD and earning interest? is there a separate loan market?

i think an excellent business that would be win-win for customers and for this network would be steering savers into bitUSD; a key part of the benefit is earning above average interest on deposits.

33
After migrating my wallet to the 2.0 GUI i'm sitting on about a dozen open short positions from 1.0. First of all, why are these positions separate from my primary wallet now? For instance, each short position is labeled something like "gold-collateral-12" and has its own account; i.e. it's not linked to my primary wallet, so i can't just close the position using my BTS balance. I've manually transferred BTS to one of these short positions, closed the position, and then sent the BTS back to my primary wallet. this is way too messy a process and here's what it looked like:



is there an easier way to do this? each transfer to/from wastes BTS in fees.

34
i'm sure i'm not the only one slightly nervous and confused with this migration, so i'll post this:

after importing my keys by following instructions from a couple other excellent threads, i'm not seeing any balances show up in my wallet. i'm guessing this is because it's syncing, but can anyone else confirm this? i don't see any progress indicator.

i have a bunch of collateral-holder notifications on my dashboard, but no funds in my account to do anything about them.

35
Now that we're so close to 2.0, what's the best way to handle expired short positions? I have expired bitUSD, bitSILVER, and bitGOLD. The bitUSD i can cover by buying long in the market, but i'd end up paying well above the peg price. bitSILVER and bitGOLD don't even have those options, given that both those markets are essentially dead.

Who can give a definitive answer to the question: WHAT WILL HAPPEN TO EXPIRED SHORTS IN THE MIGRATION TO 2.0?

will escrow funds simply be released and transactions reversed? if so, it seems like the best strategy is to stop trading, wait until release, and received the full value of funds currently locked up.

Opinions?

36
Does anyone know how expired shorts are going to be treated in the 2.0 migration? Will positions be unwound at the peg price? Some markets have completely disintegrated, like bitGOLD, where there's only one ridiculous open sell order. The best I can do with short positions nearing expiration is to roll them over myself, but if 2.0 is going to simply unwind the positions at the price peg, then that's unnecessary and I might as well let them expire.

37
Not sure what's going on here, but i tried covering a short position and got this error in my transaction feed:



now i have neither the BTS from the cover, nor the bitUSD used to cover. Are these funds somehow tied up on the blockchain? and if so, how can i get them released?

i just recently changed my wallet's fee to 0.1 BTS from the 0.5 BTS default. is that an issue?

38
General Discussion / Massive bitUSD Order Book Imbalance
« on: July 24, 2015, 03:40:42 pm »
Short sellers must be shellshocked, or the system just isn't providing the right incentives at present:



Maybe 2.0's design to segment interest from short selling isn't such a bad idea...

39
Can someone clarify what exactly happens to open positions with the migration to 2.0? since we won't have equivalent assets in 2.0 such as bitUSD paying interest, what happens to those who currently hold bitUSD, or to those who have open short positions? Will the terms of these contracts be changed and the positions rolled into the closest equivalent assets in 2.0?

Are there any resources available that discuss this in detail? I've personally been hesitant on opening new positions with this uncertainty.

40
Stakeholder Proposals / Easy Way to Compare Delegates
« on: July 17, 2015, 12:45:11 am »
i'm not a fan of voting in political elections, but i want to take our own enterprise's governance seriously and effectively participate in voting. i've been trying to track down a concise resource for comparing delegates, but the best i could come up with was this section of the forum where delegates ad hoc post their individual updates:

https://bitsharestalk.org/index.php/board,61.0.html

i also found this excellent discussion started by @Thom: https://bitsharestalk.org/index.php/topic,9253.msg122027.html#msg122027

Quote
I just put the bulk of my funds into cold storage and I noticed the delegate voting options during the transfer.

Not yet being satisfied I am informed enough to individually select delegates (let alone 101 of them!), I went ahead and selected the "let delegates decide" option (or something like that. I still get the msg "this account is not voting with all of it's stake" tho).

In my mind there's a rather big hole in our DPOS implementation that needs to be filled and that's in setting up some basic standards or guidelines for delegates and providing a central place where that info can be published. Even basic info like hardware description, ISP, UPS and the like for each delegate would be better than nothing.

I wouldn't want to lock in a set of requirements, but having a basic checklist of guidelines each delegate could publish would give people a metric to compare delegates. Another set of criteria would be operational information and run-time stats, like svk publishes on his BitsharesBlocks.com website.

These things may have been discussed, but I haven't found such discussions if so. I'm also aware this probably isn't on the top of the priority pile, but it probably needs to be addressed before going live to general public in a big way.

It seems like every day I see web designs on the internet that look outstanding, and makes me feel like my efforts are neanderthal in comparison. But I could throw up a Joomla site with some generalized info pages about delegate voting, and a forum, guestbook or some way to for delegates to post the essentials of their "campaign platform" for the general public. Maybe even putting up polls to gauge what the BitShare community considered to be important in a delegate might provide useful input. Hell I dunno. Anyway, this may not even be worth 2 shatoshis to this community, but it's a thought that crossed my mind.

have there been any updates since this discussion thread? any central resources created where we can compare delegate metrics? i really like this idea and would be happy to participate in putting something like this together. we have a voting process right now, but if we don't really know what we're voting on it likely isn't anywhere close to optimal.

41
General Discussion / Forensics on BTS Distribution
« on: July 17, 2015, 12:11:53 am »
is there a way to see the distribution of BTS, like BTS quantity per username? i heard a stat yesterday that said the devs have ~3% market share at most, but i'd be interested to see numbers behind this. i guess the total BTS amount should include bitassets to get the full picture.

Ultimately, i'd like to see trading action for the whale accounts...

42
Technical Support / Will bitassets in 2.0 Still Earn Interest?
« on: July 15, 2015, 02:18:06 pm »
One of the biggest reasons to own bitassets, like bitUSD, is because they earn higher than typical banking interest rates. Is this feature going away in 2.0??? If so, this is a big mistake and kills a venture concept i've been developing that'd market bitUSD to the public as a savings alternative.

Can someone please provide a definitive answer?

43
General Discussion / Full Order Book History for Bitassets
« on: July 14, 2015, 02:03:35 pm »
Has anyone been collecting all order book history for any of the bitassets? I'd love to get my hands on the full time-series for price, volume, and interest rates for executed and cancelled trades.

I want to get Bitshares some academic research attention.

44
General Discussion / Issues and Technical Questions re: Shorting
« on: July 12, 2015, 03:24:00 pm »
Some questions for the community re: the shorting process and just trading system, in general:

1) Why does it take sometimes up to 30 minutes (from my experiences so far) for an order to execute even when the prices are matched. e.g. i currently have a bitUSD short in for 161.0000 for an amount roughly equal to a buy order for 161.0000, but the thing hasn't executed in the last half hour.

2) Is there an easy way to execute multiple orders at once at the best price available? For instance, ref this order book slice:



I want to short to the four bitUSD orders above the price peg. i remember reading that orders execute at the limit amount specified, not at the best price, the difference in BTS retired from the system as a sort of dividend to shareholders. is this true, or did i misread that? and, if so, will it still apply to 2.0? that would surely inhibit volume in that it's just plain annoying to have to input each of those trades individually to get the best price, rather than just lumping the amount together and inputing the trade at the 157.0000 level and having them execute sequentially at each price point, like most other exchanges.

3) Often i'll place a short for the exact amount in the corresponding bid (e.g. i'll place a short for 88.2263 at 161.0000 like above) by clicking on the bid order directly, but the trade will somehow round out to some number after i've placed it and there'll be some fractional amount remaining on the order book after execution. What's going on?

I'm still not familiar enough yet with 2.0 to know if any of these things will be addressed. hopefully they're moot points after this summer.

Thanks!

45
Technical Support / How to Safely Upload an Image to the Forum
« on: July 09, 2015, 05:50:42 pm »
What's the best way to upload an image to the forum? I'm not a fan of showing the file path from my computer.

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