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Messages - Bitshiz

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1
Is there a guide to set up a node? I have a home server R510 with 32GB and 2 Xeon chips.

2
I funded a fee pool with a couple thousand bts a long time ago and was wondering if I can use the CLI_Wallet to re-claim them and delist or delete the asset?
You can reclaim it with CLI with some efforts now, or wait for next mainnet release then can do it more easier via GUI as well as CLI . More info in links below.

https://github.com/bitshares/bitshares-core/issues/188

https://github.com/bitshares/bsips/blob/master/bsip-0027.md

https://bitsharestalk.org/index.php?topic=26426.0

BTW, it's unable to delist or delete an asset.
Thanks!

3
I funded a fee pool with a couple thousand bts a long time ago and was wondering if I can use the CLI_Wallet to re-claim them and delist or delete the asset?

4
Technical Support / Any tutorials on issuing UIA's?
« on: December 11, 2017, 05:27:24 pm »
Any tutorials on issuing UIA's?


5
General Discussion / Re: Is this wallet worth anything?
« on: December 04, 2017, 04:48:59 am »
It is worth beans because you donated after the bitsharesX February 28th snapshot. 

6
Yes, I was inconsistent with my original point :)

What if I deposit x btc and buy bts with it, then bts goes to 330$ - how can that be adressed? By putting up some disclaimer or something?

Right now 1 btc will get you 93330 BTS. If BTS goes to $330 and BTC stayed at $7000, then you only would need ~21BTS to exchange for that 1 BTC and you are left with 93309 BTS.

7
General Discussion / Gavin Andresen and Graphene?
« on: November 07, 2017, 12:10:01 am »
Came across a post on r/btc and then saw this horribly written article when searching today.
https://cryptovest.com/news/bitcoin-scaling-graphene-compression-presented-by-gavin-andersen/

The author is spelling Gavin's name wrong if it's referring to the Bitcoin Dev.

Any thoughts on this? Is it using the same Graphene or just the same name?

8
I don't think theres any type of fully trustless BTC gateway (sidechain) but some proposed are very secure....

Where are these proposals if you don't mind pointing me in that direction?

I am very interested in this possibility which could definitely be a game changer.

I imagine that if the BTS chain could somehow control a BTC address and privatekey  without risk of anything being leaked then it is a great idea. I absolutely don't think it would hurt BTS. But to make sure it doesn't, you could maybe lower the fees on the dex for trading a BTS pair than any other pair to incentivise a demand for BTS. For example, trading fees would be less for BTS:bitBTC than bitUSD:bitBTC.

9
General Discussion / Re: bitUSD black swan possiblity
« on: September 16, 2017, 02:27:31 pm »
Bailing out margin calls with reserve funds is like bailing out banks with taxpayer's money.

Nobody complained about bitassets while BTS was going up. AFAIK nobody sent the profits from going short to the reserve pool.

If a black swan damages the reputation of BTS, then the solution is not to spend money on preventing black swans. The solution is to educate traders about the risks involved with bitassets.

1.) It is not bailing anyone out. When a short wants to close they need to buy back the BitUSD they borrowed. That price is made externally of the dex with feeds from poloniex etc. They wouldn't getting bailed out because they would be selling their BTS for less than the market price (feed).

Now if you argue that if they can get a better price on polo they should take it, it doesn't make sense because polo only has USDT. And secondly we want to encourage people to trade on the dex.

2.) People have always complained about bitassets for the same reason again and again since the beginning which is low liquidity and huge spreads.

3.)Good luck trying to tell traders what they should be doing in a free market. Of course we should use reserve pool money to make our stable coins secure and successful. Also what I propose is not inflationary in the way you probably think it is, the newly created BitUSD/BitCNY would not enter circulation unless someone pays above market price for it.

So again it's not bailing anyone out, your analogy about bailing out banks with taxpayers funds is all wrong.

Dude, when the BTS price is falling, more people buy bitAssets like bitUSD to stabilize their wallet. They then put buy orders of BTS at lower prices. This is exactly what I did yesterday. bitUSD is more attractive in a falling bts environment.

For point number 2, this is why you place limit orders and not market orders. Let the market come to you at your price. Trading 101. Dont chase the market.  There is no getting around spreads. Every stock and option has a spread and the more liquid the stock the tighter the spread. If BTS gets more liquid the spreads will get smaller, you can't force that without liquidity. This is an education opportunity, not a rule changing opportunity.

10
General Discussion / Re: Bitshares price discussion
« on: September 15, 2017, 02:23:47 pm »
Price was bottoming out and still crashed like 50%  :o
That makes zero sense.

11
General Discussion / Re: bitUSD black swan possiblity
« on: September 15, 2017, 02:21:31 pm »
This crash proves to me that we need a base supply of both BitUSD and BitCNY.

If whales like @bitcrab need to exit their positions we need more BitUSD and BitCNY in the system.

We need a massive dedicated account used exclusively for creating BitUSD and BitCNY. 
This account should have all of its BTS as collateral at all times and hold no other assets.
It should be funded by a rolling worker proposal.
The BitUSD and BitCNY created would be used to purchase any BTS below the settlement price.
The BTS purchased would just get added to the collateral.
The account would never pay back its borrowed BitUSD and BitCNY because that would destroy the supply.

I really think this is needed for BitShares to be successful.
If they are exiting bitUSD/CNY, they are in need of BTS. If they are heavy in the bitUSD and nobody is willing to buy it from them for their BTS then they are screwed and have to wait. That is the risk of taking on so much of an asset in low liquidity environment. Why would this be bad? They will get margin called as the price drops. Why is that a problem?

12
General Discussion / Re: STEALTH Status Update
« on: September 09, 2017, 10:11:05 pm »
Thanks. Is this forum losing to steem? Do most BTS users post there now?

13
General Discussion / Re: STEALTH Status Update
« on: September 09, 2017, 05:24:53 pm »
What is the present status of this, and is there an ETA for completion?

Did the stealth feature ever get finished?
I guess not.

14
General Discussion / Re: STEALTH Status Update
« on: August 29, 2017, 05:26:06 pm »
What is the present status of this, and is there an ETA for completion?

Did the stealth feature ever get finished?

15
General Discussion / Re: BCH or BCC in dex?
« on: August 23, 2017, 10:43:59 pm »
We do not currently have Bitcoin Cash supported within the BTS DEX. You should contact a gateway service such as openledger to include this token.
You're fucking joking right? Can't add a smartcoin to the dex until there is a gateway? da fuq? Does openledger control the bts code? Since when dou we need the actual physical tokens to be able to trade in the dex? Is this legit or was it a dumb response, because there is a similar reply in tech support too?


*BTS is the fucking gateway to the dex!!!! Am i missing something????

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