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Messages - crypto4ever

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General Discussion / Re: would you support a cheater as the wintess?
« on: December 27, 2018, 11:25:32 pm »
This seems like a witch hunt. Why are you spreading lies @alt?

Look at the strange activity of his account

Every day he's changing his votes, and lots of bot accounts are following him as proxy.  He must run his own bots and is doing something strange with constantly changing his votes and it looks like crazybit is getting in his way somehow.

General Discussion / Still concerned about USDT to BTS
« on: February 23, 2018, 06:45:36 am »
Checking my UI

Stakeholder Proposals / Re: Legal Council about BTS and No-action
« on: February 09, 2018, 02:38:44 am »
thanks to a certain fraudulent operation, BitShares was mentioned several times already in official SEC documents. it's no longer a matter of whether they have bts on their radar, but when they decide to take a closer look in it. pro-activity is needed ASAP in my opinion.

edit: they seized funds and have a wallet on BitShares by the way.

I think you'd be better to say "allegedly fraudulent". No one knows 100% before the case is heard in court.

Secondly, as far as having a wallet or already on the radar is fine.  The problem is they can't file suit against computer code.

Yes, legal advice is still necessary, as long as it is managed by a team, maybe the foundation, the committee away from the forums (like a task force setup for this purpose) and in private.

The worker proposal has the right idea. Just fine tune it a little better considering what was discussed in this thread is all we have to do.

If they're on a witch hunt, first they'll try to roast the first witch they see.  Which is this "allegedly fraudulent" organization apparently. That could take 1-2 years before a final judgment is determined and appeals have been filed.

So as long as this is done right, and carefully, adjusting the proposal slightly to take these important discussions into account, I have no doubt it will pass as a worker.

Stakeholder Proposals / Re: Legal Council about BTS and No-action
« on: February 08, 2018, 07:26:23 pm »
At some point regulators will come looking again, the more BitShares grows the more likely. Bittrex is just the first who needs a legal opinion. What's the alternative? Just waiting and hoping no one will notice BitShares?

It's like walking up to a lion's den, and asking the lion "I'd kind of like to ask you whether or not I'm the type of thing you are interested in eating"

Why pester the lion when he has the whole jungle to take care of, which is keeping him busy already.  Did you want to be the next thing he pounces on?

Some people might say "What if the lion isn't interested in eating you? Isn't that good?"

Some people might say "If they lion says yes, and starts chasing us, we can run away or find ways to defend ourself"... That's fine to try that but if you're unlucky you'll probably wonder why you went and spoke to a lion in the first place.

I think the proposal should be changed.

1. There is no contact made to SEC or any intention to contact them

2. There is NO LETTER sent to any government agency

3. Legal Advice is sought, and the details are kept among the Bitshares foundation members.  They could be the ones to decide what to do with that information.

"Client-lawyer" privilege is where clients may discuss things with their lawyers and their legal strategies privately.  You can't do that in a decentralized environment without revealing your legal poker hand.  Which is a guaranteed losing situation for the client, if you openly disseminate where you lack ground to everyone, and anyone, including your adversary.

Now, I think specific tokens would be more apt to be securities than the platform itself.  But if you were to squeeze government agencies, it's too easy for them to publish a response letter and say "yes, we believe BTS is a type of security".... (even if they don't have to prove anything in court).  They could cherry pick answers from "this case" and that "case" that may scare you and the public. (Even after you got your day in court many months later).  By this time though, it's too late.  You've already created a domino effect of FUD by arguing with the SEC in the first place.

I think the likelihood of this handled incorrectly are much more damaging to bitshares  than the possible benefit you are looking for...

So, no, I won't insta-vote this legal proposal as it is written in... I wish I could, but I cannot support it.

Stakeholder Proposals / Re: Legal Council about BTS and No-action
« on: February 08, 2018, 07:26:13 am »
Most people look at this from the benefit view.  If the SEC agrees they are not securities, it could do so many good things.

What if the opposite happens?  The letter [saying that BTS is a security] could cause the opposite effect and hurt your investments.

That's probably why people aren't insta-voting this in.  We need more discussion I guess.

General Discussion / Re: Bitshares price discussion
« on: February 06, 2018, 08:07:38 pm »
It appears USDT has been the cause of why we've fallen harder than Bitcoin this time around too.

Coinmarketcap uses the weighted average of the highest volume markets (or pairings) when reporting its price.

Look at this image from last night:

I've got into a lot more detail in this post... :,25289.msg315731.html#msg315731

Question, if our witnesses stop reporting price feeds for USDT with advance notice of their intention.. could we remove this pairing from the dex?


Well that was short lived, it's falling again.  Watch USDT everywhere.

General Discussion / Re: Bitshares price discussion
« on: February 06, 2018, 09:03:11 am »
Please do keep in mind that this whole general pump is largely fueled by the Tether scam   :-\...

You were right more than you may have realized!  USDT from tether is a massive sell off for Bitcoin, Bitshares, many different currencies everywhere.

All you have to do is look for any Market on that has a USDT trading pair... everyone is liquidating USDT and trading it for other coins and then most probably doing withdrawals back to fiat.

Technical Support / Re: Can someone explain to me?
« on: February 06, 2018, 08:38:05 am »
The time on your computer has somewhat of a bearing on whether or not your wallet thinks it is behind or out of sync.

3 second blocks doesn't give a lot of room for a margin of error.

Try and sync your node with an internet time clock. That has helped me.

While some of your concerns are valid concerns, you might want to come in with a slightly different "less demanding" attitude to get more participation in answering your questions.  Bitshares is decentralized.  It's community driven.  No one is your employee...

If you come at it with a different mindset of "let's get these problems fixed" you'll probably attract a lot more people to be interested.


The markets have started reversing soon as I started identifying USDT as the culprit. It's the same with Bitcoin too. Top markets are USDT related.

We'll see what tomorrow brings us.  Stay away from USDT as an indicator.   My opinion. Not trading advice.  Research this yourself.


Ever since I posted about this problem, the person is covering their tracks and putting up fake buy walls on ZB.COM to confuse you.

I have a screenshot to post, but all of a sudden steemit is down. Very coincidental, it hasn't been down in a very long time, but that is where I posted my images.

My screenshot showed the sell walls, but now that the news is out, they're putting fake buy walls up and steemit is getting DDoSed right now.

usdt到cny现在是不好的bitshares价格。 我们需要在短期内停止目击者的价格报告

1. print inflated USDT
2. Media finds out about it and talks about too much USDT on the market via bitfinex
3. Move USDT into Bitshares for the pair USDT to BTS
4. Sell USDT for Bitshares
5. Change Bitshares into BitCNY
6. Withdrawal BitCNY into ZB.COM
7. Sell BitCNY on ZB.COM for coin of your choice
8. Withdrawal any coin on ZB.COM out of the system

Bitshares takes a hit on price.  Coinmarketcap reports this BITCNY / USDT volume, which affects BTS price.

It's an elaborate plan but USDT, BITCNY and ZB.COM seems to be the source here.

Yes, Bitcoin fell in value, but usually we fall with it, just not as hard.  BTC is down 22% (over 24h) we're down 33%, (over 24h) we're falling extra hard because of this USDT / CNY connection.

Anyone else understanding now?

Bitshares would fall less in comparison to Bitcoin because Bitcoin holders usually move into alts.  If everything else was OK, I'd expect Bitcoin to be down 22% and us 12%

USDT may not be a good pairing for bitshares considering the public news that USDT was printed out of thin air.  Halt the feeds on USDT until the community decides to open them again.

If you are a witness with open margins and this sounds right, it is up to you to do it.

I am not a witness. But I am very interested in the discussion.


To me it looks like they are buying BTS with USDT and liquidating it for BITCNY

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