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To buy back the tokens simply create a sufficiently large buy order at the given price. So if you want to buy back in BTS, simply go to the YOURUIA/BTS market and place your order at 4 BTS.
Can i peg my asset to USD ?
If it is possible to use BTC (via the trustless gateway) as collateral for smartcoins, BitShares will provide a trustless way to enter a leveraged long BTC position. You can simply borrow bitUSD against BTC and sell the borrowed bitUSD for more BTC. You have entered a leveraged long BTC position, while providing additional bitUSD supply. I imagine demand for that would be huge, which would drastically improve liquidity for all smartcoins.
I agree, this would be a great improvement for bitshares. Volatile collateral is a weak point of MPA. BTC is as volatile as BTS, but they are not completely correlated, so if we could chose which coin to deposit in collateral, that would greatly reduce the risk of shorting.
You overlook the fact that the supply of BTC needed for the loan would not be real BTC, but an IOU such as OPEN.BTC
This can reduce to nothing the concept of self-assured smartcoins and end the prestige of Bitshares, making its "guarantees" as vulnerable as those given by any centralized exchange.
Number four. Number four, number four, number four.
Having a decentralized btc gateway would make bitshares utterly unique (though it is already), and position it against poloniex, etc. Though challenging, I have long thought this to be possible and desirable.
Why?
Real bitcoins... Not pegged bitcoins... Real bitcoins... Via the bitshares dex.
So I vote three times for number four.
You have the same, but more direct, with Atomic Swaps.
Bitcoin on chain allows for one thing that atomic swaps can't deliver. It gives us the possibility to use real BTC as collateral for smartcoins. That has two advatages: 1) Reduced risk for black swan events 2) Higher liquidity as currently only traders who want to go long BTS relative to the smartcoin will create smartcoin supply. When we have BTC on chain everyone who wants to go long BTC relative to the smartcoin can do so and deliver additional liquidity to smartcoin markets. Which is huge IMO, as there should be a lot more people willing to go long BTC opposed to long BTS.
With atomic swaps you could instantly change, without third parties, BTC to BTS thus increasing BTS liquidity. But in addition could be directly changed BTC to BitBTC, increasing the liquidity of this or another smartcoin.
I do not see why a decentralized Gateway would work better. Can you explain it better?
Number four. Number four, number four, number four.
Having a decentralized btc gateway would make bitshares utterly unique (though it is already), and position it against poloniex, etc. Though challenging, I have long thought this to be possible and desirable.
Why?
Real bitcoins... Not pegged bitcoins... Real bitcoins... Via the bitshares dex.
So I vote three times for number four.
You have the same, but more direct, with Atomic Swaps.
Dear Fav, Frodo.
We constantly observe the process of EOS creation. For now, EOS development is very dynamic and implementation of EOS features from test network is not not far-sighted approach. Also, afaik, EOS team is planning to update current BitShares and integrate everything available on EOS to BitShares after release. Then, together with EOS team, we have opportunity to combine efforts and parallelize development of the final system, meet both technical and business expectations, fully considering opinion of community.
. Out of the given options I voted for atomic swaps, as that seems to be the next logic step for a DEX.find a dev to finish and maintain trezor integration. Pretty sure we can get worker funds now
Just because I have not posted anything here it does not mean I'm a new user. I have followed BitShares for a while but can't see why having more supply/liquidity is a good thing. In several other ICOs/tokens such as OBITS, Iconomi etc, burning tokens is said to make the remaining tokens more valuable. Having "Reserve" BitShares in a pool makes them useless in my opinion.
