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Messages - Watercolorist

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Technical Support / BitShares2-light: How to Use
« on: February 18, 2016, 01:15:32 pm »
I downloaded BitShares2-light, bought some BitShares, and so now what do I do?  I look at the Trades page with its graph, spaces to fill in for Buy BTS, Sell BTS, My History, etc. but have no idea what to do.  I've looked at all the YouTube videos, searched google, tried reading this forum: it's either over my head, or not basic enough for a newbie like me to use BitShares2.  I need step by step, basic, non-geek instructions, and can't find it anywhere.  Someone answered my post in the "Stupid Questions" forum that videos are being made, and hopefully this will show me what to do, but is there anything else I can use, anywhere, such as a book that's a basic guide?  Like a BitShares2 for Dummies?  A step by step, basic guide?

Thanks for any help.


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Technical Support / Re: !!! Stupid Questions Thread !!!
« on: January 30, 2016, 03:07:06 pm »
Unclaimed issuer income / trade fees/ fee pool. @puppies @abit @Akado

These fees collected that the committee has control over and we are debating their use in the main forum.

Why are these even collected? I thought fees were paid in bts and sent to the reserve pool.

what is the point of these fees and why does the committe have control over them.

I also wonder about that too.

i don't get where are these BTS are coming from?

It is the fees collected by the fee pool that we have withdrawn from the committee owned assets.  We do not currently have BTS.  We have bitassets.  Once we sell these bitassets and have BTS then we will need to decide what to do with that BTS.

Ok thanks my friend.

How do I use BitShares 2.0 to buy, for instance BTS:SILVER?  I see under "Trade" that there are amounts to fill in under "Buy BTS."  But I do not want to buy more BTS, I'm wanting to buy BTS:SILVER (just for example): Then it has spaces to fill in: Price, Amount, and Total.  Do I just fill in a made up price I want to buy this for?  How do I know how much to offer?

See...really newbie questions, and it seems like there should be some place I can get this basic information, rather than having the good folks here explain it to me.  As a master artist, I cringe at the thought of someone asking me: "Which end of the brush do you hold?"  duh  :)  I don't mind doing the work of learning, but I need a resource, a book, a tutorial, a video, anything, to show me from the very beginning how this all works.

Thanks again.

@Watercolorist 

Have you used any Bitcoin exchange? What did you do when you bought your BTC? If you used an exchange to buy BTC with fiat, it's the exact same process, just with different assets.

Fill the "Sell BTS" section. That way you're selling your BTS for Silver in your example. Well you can fill it with whatever price you want, doesn't mean someone else will match your order. There's a feed price provided by witnesses. That is in theory the "fair" price. It takes the current price of the asset in real life and converts it to BTS. You can check them here http://cryptofresh.com/assets.

In your case, the "fair" price should be 4,020    BTS per 1 troy ounce .999 fine silver. However most assets trade above the feed price because our markets currently don't have much liquidity, which is something we're trying to improve!

OpenLedger is currently working on a few videos to explain people how to use teh exchange and show a few usecases, hopefully those will be able to help you with any future doubts you might have. But feel free to ask anything you want.

Wow!  Thanks SO much! 

Yes, I've used Coinbase, ShapeShift, and Metaexchange.

Your answer really helps.

Also good to know that some learning aids are in the works!   8)

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Technical Support / Re: !!! Stupid Questions Thread !!!
« on: January 30, 2016, 02:22:58 pm »
Ok thanks my friend.

How do I use BitShares 2.0 to buy, for instance BTS:SILVER?  I see under "Trade" that there are amounts to fill in under "Buy BTS."  But I do not want to buy more BTS, I'm wanting to buy BTS:SILVER (just for example): Then it has spaces to fill in: Price, Amount, and Total.  Do I just fill in a made up price I want to buy this for?  How do I know how much to offer?

See...really newbie questions, and it seems like there should be some place I can get this basic information, rather than having the good folks here explain it to me.  As a master artist, I cringe at the thought of someone asking me: "Which end of the brush do you hold?"  duh  :)  I don't mind doing the work of learning, but I need a resource, a book, a tutorial, a video, anything, to show me from the very beginning how this all works.

Thanks again.

4
Technical Support / Re: !!! Stupid Questions Thread !!!
« on: January 30, 2016, 01:41:25 pm »
OK, so I didn't get any answers to my last post, I'll rephrase my stupid question and see if that gets answers.  LOL

I have BitShares 2.0 on my desktop, and purchased 40+k of BitShares.  I want to do more with it than just hold it.  I'd like to learn how to do more with it, but I don't understand how to use BitShares 2.0, nor do I understand most of the terms or how to trade.  Yes, I probably seem like a complete idiot to experienced traders, but everyone has to start somewhere, and I don't even know where to or how to start.

Lest you think I'm just lazy or haven't been trying to get answers, I've been all over it!  There just does not seem to be basic information for newbies - anywhere.  Or maybe I just haven't come across it yet.  Whatever the case, if anyone could point me in the right direction, I'll go do the work.

I have read through whatever I can find, but everything seems to assume that the reader already knows stuff.  I do not know and the learning curve is very steep, so I need to start right at the beginning, and learn everything step by step.  Can anyone offer any help?

Thanks in advance!

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Technical Support / Re: !!! Stupid Questions Thread !!!
« on: January 28, 2016, 06:20:33 pm »
My "stupid question" number two:  Now that I have 40K BTS on my BitShares 2.0, what do I do with them?

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Technical Support / Re: !!! Stupid Questions Thread !!!
« on: January 26, 2016, 05:41:49 pm »
Thanks so much.  Very helpful.  :)

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Technical Support / Re: !!! Stupid Questions Thread !!!
« on: January 26, 2016, 03:41:12 am »
Is there a newbie tutorial or information page or a video for how to use the BitShares 2.0 wallet?

I just started with BitShares but cannot find a guide for how to use the wallet.  I've searched here, on YouTube, googled, and the Help link in the wallet, but so far I've come up empty.

As a nOOb, there's so much I don't understand and I'm trying to get up to speed, but I need most just simple information on how to use the BitShares 2.0 wallet.

Thanks in advance.

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