We dont just want one, we need it!

Right now there is absolutely no option to access a safe social media platform. All your data is raped and pillaged immediately and indefinitely. Take a look at these guys and what they are doing http://on.rt.com/f4t5td the platform does not seem to be encrypted they merely will not share your data with 3rd parties and vow to never have advertisements. Standard. But what protects the data?

Notice the demand for their service? Millions of people instantly sign up and millions more waiting to do so. We are obviously very busy coding away the new internet but there is so much opportunity!

An encrypted, secure social media platform is the ultimate viral DAC.

 

Looks like everything is coming together perfectly but 1 common thought is that our BTSX are not backed by anything (not entirely true).

What if it was possible to set up a centralised bank and create a process, maybe a DAC or asset that by each purchase of a unit results in the equal purchase in physical gold held in vault to back the asset. That would not simply work as when the BTSX increase in value the cheaper BTSX would not be matched by XAU. There are many possibilities to do this creating a scalable and sustainable economy. I think this is a good idea. Am I crazy ?

Having the security of physical backing would give big money the confidence in our system. You know that your 1 BTSX is safely redeemable for 1g XAU.

As the market cap of BTSX increases, how would gold reserves match the peg? Perhaps delegate burn be better directed to increasing XAU reserves.

When bitshares themselves are collateralised then the whole economy becomes collateralised. If I knew my crypto was secure like this I would move all funds save my HSBC hot wallet.

A decentralised bank with central stability.

Dont think its just me but shouldn't we have our BitAssets up on coinmarketcap?

Each asset once created and actively traded should have its own special place on the cap. In future when BitAssets become wide spread we may even need to collectively combine into an index e.g the "Bit10"! (something more catchy of course). Not sure of the technicals but I dont think this is too early.

Should they have their own domains or link to an asset register? Could be a bit of marketing to play with here but what a great way to display bitshares assets.

Chill out.

The peg is trading at a discount because that is what we think its worth. A new economy has birthed and we expect it to track perfectly? To me, that is the nature of our BitUSD to trade at a discount on open. Factoring risk etc it seems perfect.

Until the dollar (BitUSD) gains confidence, I don't expect it to reach parity. Its been a few days and we are unnecessary panicking. Let the economy discover itself.

The price is correcting naturally. After the tremendous gains investors are taking profits and celebrating. If you put down $50k and made 1/4 million under 2 weeks you sell. We see this in the alt market everyday. Its normal.

These runs don't continue forever, there is and always will be a correction. You cant stress over natural market forces, its a terrible way to live. The sell isn't due to or related to BitUSD peg, quite frankly no one gives a shit right now.

BM and all the devs are doing some of the worlds greatest work. I don't understand most of it, all I know is it can change the world and I need these BTSX. Its early days in the timeframe and were all lucky to be here!

Take a look at the chart below and identify key support, resistance and trend lines. Right now we are at one of significance. A strong green candle off that Fibonacci line is what your looking for. We are in a correction that has met a long term upwards trend, sitting nicely on solid resistance.  Any break out of that rectangular box will be of great interest be it up or down.

Looking out for that fat green candle..

Looking to buy a trading bot or EA for BitUSD/BitGLD. Looking for all sorts of financial instruments but I'm not sure what can be made?

Will only purchase from trusted forum members unless code reviewed by seniors.

Let me know what you can do and we can price it accordingly.

Great work on the GUI, loving it!

Looking through the markets and finding my way about. I think we need some order to become more user friendly.

Categorize similar to traditional markets would be a great step.

I like the broad pairings but I think the dilution is too great. Also we miss some of the greatest market pairings! Food commodities... Wheat, soy, beef, pork coffee etc.

Many markets need to be hidden in folders and only the larger liquid markets focused in plain sight. Modelling off current forex markets and adapting features to our crypto sphere would harbour an ideal environment.

Cant wait for any future development, exciting times!

Hello friends,

There is a very interesting new algorithm out that has changed the landscape, enabling true anonymous transactions and data privacy.

I would like the community to investigate the possibility of application within Invictus. There are many ways we can benefit from this technology.

Invictus and Cryptonote share fundamental philosophy, a collaboration could prove worthy.
 
https://cryptonote.org/inside.php

Bitshares derived from Protoshares caught on exchanges during snapshot are legal property of account holders. If you had Protoshares resting with an exchange, you are legally entitled to your dividends- regardless of their participation.

For substantial amounts this may be worth pursuing.