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Messages - yvv

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421
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 16, 2017, 07:31:24 pm »
Quote
My strategy has been to choose assets I believe in, and provide markets between them. If someone eats up all my orders in the USD:MAID market either way, I will end up holding something I would hold anyway - while helping make the DEX awesome.

This is a good strategy imo. Same here, I don't trade assets which I would not hold, although  some crappy tokens can be very profitable short term. Fast profit possibility always comes with great risk.

422
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 16, 2017, 05:21:50 pm »
Quote
I can't get my head around how to make money on the spread in certain market conditions - like if the market is moving up or moving down.

Spread is set relative to feed price, and this controls bot behavior. When the market is moving up or down relative to feed price, btsbot starts to consume liquidity to nudge the market price to the feed price. For example, take OPEN.BTC/BTS pair. When BTC/BTS price at poloniex goes down, my btsbot starts taking bid offers pushing OPEN.BTC/BTS down too.

If the feed price is derived from trade history instead of other exchanges, it is quite unpredictable.

423
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 16, 2017, 12:53:01 am »
If you run out of BTS you can sell your other assets for BTS in official client, right?

424
General Discussion / Re: top 100 BTS traders in DEX
« on: March 09, 2017, 01:38:53 pm »
Quote
I am thedex and I did a single trade with an asset i own to proove how easy it can be to fake volume.

It is easy to fake low volume with with a single trade. If exchange was heavily used, this single trade would be a drop in the ocean of valid trades.

425
General Discussion / Re: begin working on bond market?
« on: March 08, 2017, 01:29:42 pm »
From steem link:

Quote
Another important thing is bond market, with bond market, Alice can borrow smartcoins from Bob with collaterized asset and paying interest

Why would Alise borrow smartcoin from Bob and pay interest, if she can create it with no interest?

426
General Discussion / Re: So, whichpeople who worked on bitshares projects ended up NOT being scammers?
« on: March 03, 2017, 06:51:49 pm »
Quote from: lil_jay890 on March 03, 2017, 06:48:05 pm
I have already voted, like many other people have, with my feet by dumping my bitshares. 

Congratulations, one of those 4 proxies got your stake.

Quote
This community is so weird, no one ever wants to hear the reasons why bitshares has plummeted in price and popularity.  People just want this to be an echo chamber on how great and cool things are.

This is DPOS dude, show your stake to be heard.

427
General Discussion / Re: Bitshares price discussion
« on: March 03, 2017, 06:48:37 pm »
Quote from: CLains on March 03, 2017, 06:40:27 pm
Just by creating a huge announcement of the Stealth feature implementation marketcap should double.

Doubt this. Many people are sick of announcements which never evolve into something good. It is easy to lose trust with fake promises and difficult to gain it back.
 

428
General Discussion / Re: So, whichpeople who worked on bitshares projects ended up NOT being scammers?
« on: March 03, 2017, 06:44:56 pm »
Quote from: lil_jay890 on March 03, 2017, 06:05:58 pm
Quote from: yvv on March 03, 2017, 04:52:08 pm
Quote from: lil_jay890 on March 03, 2017, 04:33:28 pm


Still by that logic it means that if I wanted to set Xeroc as my proxy I should follow all worker proposals, then see what Xeroc is voting for, then decide whether or not I should still have Xeroc as my proxy.  Why wouldn't I just vote for everything on my own instead of setting a proxy?  The whole point of a proxy is so that the shareholder isn't burdened with checking worker proposals constantly, and I'm sure many of the shareholders who have proxies set are not constantly checking what their proxy is doing.


Of course you need to follow what your proxy is doing, not every day, but at least once in a while. This is similar to electing a congressman, you need to follow the news in media to make sure that your delegate is doing what you expect him to do, and if he does not, you change your vote during next election. This way you don't need to make a vote on every single political issue every day. The difference between bitshares and real world political system is that in bitshares, if you think that it is easier for you to make every single vote on your own, hey, you are welcomed to do so.

Once again these are all things that people "should" be doing.  Just because someone "should" do something, doesn't mean they will do it.  People "should" take there bts off the exchanges, yet they don't.  So far we have seen the system centralize into 4 proxies (3 of which are chinese, and I believe controlled by the same person), so it's centralized between 2 parties.  Relying on what people "should" do is a mistake.  People are going to do what's easiest, not whats best.

What people "should" do is up to each person himself to decide. If community chose to trust to 4 proxies, this means that there are no more trustworthy members other than these 4. If you don't like how they vote, sorry dude, you are outvoted, this is how voting with stake works. If you don't like it, make your party, get your stake and change it.

429
General Discussion / Re: So, whichpeople who worked on bitshares projects ended up NOT being scammers?
« on: March 03, 2017, 04:52:08 pm »
Quote from: lil_jay890 on March 03, 2017, 04:33:28 pm


Still by that logic it means that if I wanted to set Xeroc as my proxy I should follow all worker proposals, then see what Xeroc is voting for, then decide whether or not I should still have Xeroc as my proxy.  Why wouldn't I just vote for everything on my own instead of setting a proxy?  The whole point of a proxy is so that the shareholder isn't burdened with checking worker proposals constantly, and I'm sure many of the shareholders who have proxies set are not constantly checking what their proxy is doing.


Of course you need to follow what your proxy is doing, not every day, but at least once in a while. This is similar to electing a congressman, you need to follow the news in media to make sure that your delegate is doing what you expect him to do, and if he does not, you change your vote during next election. This way you don't need to make a vote on every single political issue every day. The difference between bitshares and real world political system is that in bitshares, if you think that it is easier for you to make every single vote on your own, hey, you are welcomed to do so.

430
General Discussion / Re: So, whichpeople who worked on bitshares projects ended up NOT being scammers?
« on: March 03, 2017, 03:17:37 pm »
Quote from: lil_jay890 on March 03, 2017, 02:43:35 pm
Quote from: alt on March 03, 2017, 10:29:24 am
I don't care how many scammers here,
I know Bitshares is not a scammer, that's enough.

Bitshares may not be a scam, but its a great platform for extracting value from shareholders.  4 proxies having the ability to control the entire system is insane.  Especially when the proxies can vote in their own workers at whatever pay they want.  Centralization.

BTS is centralized like this because it is small. There is nothing we can do about this at the moment.

431
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 03, 2017, 03:11:36 pm »
Quote from: alt on March 03, 2017, 10:19:57 am

because it's allowed to have about 30 minutes delay for the feed price from witness.
the feed price almost can't use to run a trade bot.
maybe I'll give a more reasonable price  after I learn more about BTWTY.

Check out bit20 index composition

https://bitsharestalk.org/index.php/topic,23606.msg302856.html#msg302856

It is posted regularly into blockchain, so you can calculate the index yourself as frequently as necessary.


432
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 03, 2017, 03:10:13 am »
Quote from: alt on March 03, 2017, 12:58:11 am
Quote from: yvv on March 02, 2017, 10:31:49 pm
Quote from: JonnyBitcoin on March 02, 2017, 09:49:10 pm
Quote from: yvv on March 02, 2017, 09:40:49 pm
Quote
- can i enter any asset pair in the browser address bar?

Always works for me. Try it.

But are they providing a reference price for everything?

For many pairs, but not for all, and for some pairs reference price is crap, like BTS/TRADE.BTC.
sorry, I forgot TRADE.BTC, t's the same with OPEN.BTC/BTC now
please let me know if there are other alias asset I missed

BTWTY/BTS price is also far from feed price provided by witnesses.

433
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 02, 2017, 10:31:49 pm »
Quote from: JonnyBitcoin on March 02, 2017, 09:49:10 pm
Quote from: yvv on March 02, 2017, 09:40:49 pm
Quote
- can i enter any asset pair in the browser address bar?

Always works for me. Try it.

But are they providing a reference price for everything?

For many pairs, but not for all, and for some pairs reference price is crap, like BTS/TRADE.BTC.

434
General Discussion / Re: btsbots wallet release v0.0.1
« on: March 02, 2017, 09:40:49 pm »
Quote
- can i enter any asset pair in the browser address bar?

Always works for me. Try it.

435
General Discussion / Re: Bitshares price just flash crashed down to 0.00000169 on poloniex
« on: March 01, 2017, 11:59:51 pm »
Quote
Investors Dump UIA for BTS >>> Investors Dump BTS for BTC

And how does it affect BTS prise? This is equivalent to

Investors Dump UIA for BTC

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