Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - speedy

Pages: 1 ... 32 33 34 35 36 37 38 [39] 40 41 42 43 44 45 46 ... 78
571
General Discussion / Why is there still no BitUSD:BitBTC liquidity?
« on: January 26, 2015, 10:46:09 pm »
Is everyone here just interested in the price of BTS->USD and no one cares about BTC?

Or is it a chicken and egg situation and people will start doing cross-asset trading as soon as someone else does it first?

Either way, Im tired of seeing zero volume on what should be one of BitShares' flagship markets, and I want to run a MM bot right now.

Toast, is your bot that you wrote (and I think open sourced) suitable for this? Can I run it?

572
General Discussion / Add margin trading to BTS
« on: January 26, 2015, 07:26:21 pm »
I was reading Bitfinex's explanation of margin trading:
https://www.bitfinex.com/pages/howitworks

And its totally doable inside a blockchain. Owners of BitBTC or BitUSD can lend it out as liquidity providers to traders, who borrow those funds to trade on the internal exchange with margin. Liquidity providing is a great low-risk income stream if you prefer not to trade.

Bitfinex's unique feature of margin trading is probably why its the number 1 biggest Bitcoin exchange right now. Its a killer feature. Add it to the BitShares blockchain with all the extra security benefits that brings, wait for their inevitable Goxing and its moontime for BTS, as long as we have a nice lightweight client by then.

573
Hi pops!

Any exchange can create their own user issued assets on the Bitshares blockchain that represent IOUs for altcoins, likewise for gold. For example bter could create a UIA called bterDOGE or bterLTC, and everyone could trade them whether they have a Bter account or not.

Market pegged assets are also created by paying a fee. So if anyone thinks their is enough community interest, they can pay to create a market pegged asset of an altcoin.

574
General Discussion / Re: Convincing a Bitcoin exchange to add BitShares
« on: January 24, 2015, 11:00:33 pm »
Thanks for the suggestions guys. There's actually loads of options to choose, all of which are great for us. Ive written my email and sent that great TV episode as well as http://bitsharesblocks.com/assets/market which shows how much buzzing activity there is. Fingers crossed.

575
General Discussion / Convincing a Bitcoin exchange to add BitShares
« on: January 24, 2015, 09:47:40 pm »
I met the head of a UK Bitcoin exchange today and I started talking about how BitShares is something of long term value, because its a profitable business model implemented on a blockchain that will eventually reward its shareholders with dividends instead of inflation etc etc. He said long term value is a must-have for him to consider adding it.

I think I made a good case today, and he's a really cool guy so Im about to write an email to propose helping out with becoming a gateway, but I was just wondering first:

-Is issuing a gateway IOU inside BTS as profitable for an exchange as just charging the usual 1% fee on every trade made internally?
-Would it be an easier sell to just ask them to trade BTS on their own exchange first? Then they can charge more fees.
-I was thinking of sending a link to this BTS TV episode: https://www.youtube.com/watch?v=TtCVRIwcBYU Good idea?

Feel free to suggest any other links.

576
OMG Jake if you can make a hardware wallet for BitShares then my BitUSD is coming your way  8)

577
General Discussion / Re: bitshares.tv #7 is now live
« on: January 22, 2015, 09:31:20 pm »
I dont see why this topic of how/not to do crowd sales is relevant to making people interested in BitShares. Most people dont want to start a crypto project, they just want to know the right one to join and buy into.

Also comparing ethereum's presale to BitShares' donation drive just seems like wordplay to me, and no one has proved that the SEC will think they are different anyway.

How about a more indepth interview on how Bitshares makes blockchains profitable? You might have covered it before but I could watch a whole episode dedicated to how Bitstamp could be out-competed and its profits shared out to a whole community of shareholders.

Also what about discussing Dan's future plans for scripting inside Bitshares?

578
General Discussion / Re: What's actually going on?
« on: January 22, 2015, 01:24:56 am »
How's this for a release date: http://bitshares.org

579
General Discussion / Re: Bitshares Exchange Should Accept REAL Bitcoin
« on: January 21, 2015, 11:24:57 pm »
The BitShares blockchain cant control anything outside of itself (like Bitcoin), so the best you can get in the BTS wallet is IOUs for Bitcoin or market pegged BitBTC.

580
General Discussion / Re: Public Goods and the Public Good [BLOG POST]
« on: January 21, 2015, 11:07:33 pm »
Its a bit of a stretch I know but here goes:

I saw your link and based on bitshares.org's great reputation I agreed to click on it. As a result it attempted to install a cookie on my browser from a 3rd party, which like you said will try to track me when I go elsewhere and serve me more ads. I didnt consent to that 3rd party when I clicked on your link, and I would like to think that 99% of everyone else wouldnt consent to it if they actually understood what 3rd party cookies do. Being harvested into databases that correlate all my web visits definitely sounds like violence to me.

The fact that tracking is so widespread means our tools and browsers dont yet make it easy to defend against. Maidsafe's solution to this IIUC is to just kill the server entirely (yes please), and have all web content shredded up and distributed from nodes on an anonymous bitcloud. You mentioned them briefly in your blog a few posts back and said that they have no understanding of economics (IIRC), which seemed to me to be missing the point if they have a solution to pervasive web-tracking.

Surely life, liberty and happiness means web privacy and not just financial privacy?

581
General Discussion / Re: Public Goods and the Public Good [BLOG POST]
« on: January 21, 2015, 10:07:30 pm »
Im just about to read through this post, and as the page was loading I noticed in my browser that its loading from googleadservices.

I know you have to have to monetize etc which is great but I consider tracking ads to be another form of violence.

Going to read what Im sure will another great post now...

582
General Discussion / Re: Account 'bter' please return funds
« on: January 21, 2015, 08:01:50 pm »
It's because a reversible transaction is equivalent to a slow normal transaction. At best, bter could make a thing that says "we see your incoming transaction", but then the user is still responsible for noticing the lack of a signal and triggering the reversal. Meanwhile everyone else suffers slow transactions, or we make it optional and then nobody would choose to support it.

Yes make it optional and then make the client recommend (with a dialog box) that a newbie user uses that feature. At least the client itself would support it by showing a countdown to irreversibility. Anyway youve probably thought about this already.

I think we should keep a running tally of how much the scammer has won - how much did your brother-in-law lose?

583
General Discussion / Re: Account 'bter' please return funds
« on: January 21, 2015, 07:51:07 pm »
I dont get the automatic kneejerk against reversible transactions.

584
General Discussion / Re: Account 'bter' please return funds
« on: January 21, 2015, 07:39:45 pm »
I'm gonna get shot down for this... but this is yet another case where bitshares could benefit from having reversible transactions.

You could set a block target for when the transaction was spendable (like an uncleared balance in a bank), and up to that block the transaction could be reversed by the sender.

I think this is a really good idea +5%. By having a pending transaction feature, the real Bter could confirm on the deposit page that he has an incoming deposit. Users would expect to see this notice when they send to Bter. If they dont see anything after a while it gives them a chance to realise that they made a mistake and thereby reverse the transaction.

585
General Discussion / Re: bitcoin->bitBTC gateway needs testers!
« on: January 19, 2015, 03:11:30 pm »
What is the reason why it need to import the bitcoin private key?
If you import your bitcoin private key to bitshares wallet can it display your bitcoin balance and can it send to bitcoin address?
Please clarify?

The gateway uses the sending BTC address as the recipient address for BitBTC. Therefore importing the BTC address into your BTS wallet will let it know when BitBTC is received.

I think.

Pages: 1 ... 32 33 34 35 36 37 38 [39] 40 41 42 43 44 45 46 ... 78