Show Posts
This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.
lower USD threshold
bitAssets include bitCNY， bitUSD
interesting, why shall I trust you, not my eyes?https://www.nytimes.com/2020/04/02/us/politics/cia-coronavirus-china.html
we just updated the design of bitCNY, in old times bitCNY is a derivative that base on BTS real time price. now it is a derivative that base on one function of BTS priceWithout providing bitasset holders a vote, without changing the asset details nor website's technical documentation to reflect these changes. A cover up.
surely this change hurt bitCNY holders, but it solve the death spiral and benefit BTS future. the decision is made mainly by China community, include most of the bitCNY holders.No doubt it hurt bitasset holders, 70%+ loss of asset value is a substantial second bailout of bad debtors without their permission. bitCNY is no longer a stable store of value for savers nor retail, new smartcoins are being created with substantially higher credibility than bitassets.
In August 1971, U.S. President Richard Nixon announced to remove the dollar peg to gold, the Bretton Woods System collapsed.BS. Global settlement would have nullified this bad debt issue & we'd likely have recovered by this point.
You surely can say that US cheated the whole world, but the point is, at that moment US has no other choice.
BTS also face similar problem, BTS need first to survive, and then can seek more.
BitAssets are not created as a killer to BTS.
BitAssets weren't created to defraud the bitshares community, yet here we are - the committee owned bitassets now permanently disgraced scamcoins.
Shame on you for fundamentally destroying the integrity of bitassets permanently.
On the upside, at least we know now that china's lying about their covid figures since these bitCNY fixed feeds are seemingly fully acceptable to the CCP. Had you not led the bitassets to defraud the entire Bitshares community I might have taken the CN Covid figures at face value and not prepared as well as I did for this quarantine. Cheers mate 👍
if you want to discuss bitCNY issue, let's focus on it, covid figures is another irrelevant problem.
and it's clear that China has solved internal problems and is now helping the whole world. as a Chinese that live in Shanghai I am clear what happened here.
BTW, where do you come from?
Let's don't talk about the "scam"
Did you open a support ticket?Multiple, all closed.
What is your next step now?
In August 1971, U.S. President Richard Nixon announced to remove the dollar peg to gold, the Bretton Woods System collapsed.BS. Global settlement would have nullified this bad debt issue & we'd likely have recovered by this point.
You surely can say that US cheated the whole world, but the point is, at that moment US has no other choice.
BTS also face similar problem, BTS need first to survive, and then can seek more.
BitAssets are not created as a killer to BTS.
So what you're saying is fetch all historic votes for price threshold WP & include them in the report as co-conspirators of this scam? You did orchestrate this scam so you're not off the hook just because others approved it - that's like saying the guy that ordered/planned/coordinated a hit didn't commit murder just because his gang voted on it, doesn't work like that buddy.I do not want to explain more to the guys who just say others do not understand this and that, it's wasting time.
The best thing that could happen to bitshares is for you personally to end up in concrete box with bars after an anonymous report to state security and exchange commission. And all your friends and associates locked up and fined as well.
Please somebody, do us all a favor, and report this asshole:
CHINA http://www.csrc.gov.cn/pub/csrc_en/about/contact/
USA https://www.sec.gov/tcr
EU https://www.esma.europa.eu/whistleblowers-corner
If you report to SEC you may be eligible for up to 10% of any money recovered as a reward!
Flectere si nequeo superos, Acheronta movebo.
just report it yourself, don't you like the reward?
the decision is made by community through voting, not by myself.
People are already running away from bitassets because they're SCAMS in their current state. Global settlement would have retained some resemblance of credibility, now BSIP76 proponents have zero credibility.The consequence of global settlement already applies to bitasset holders; their held bitassets have depreciated significantly in value & they cannot be settled for the correct accurate value. Fixed feeds are not normal prices.
You misundertand something or not undertand something.
A bitasset is just like a country, now you shut down it, kill all the debtor(incloud healthy debtor), people will choose to run away, no liquidity output, just make matters worse.
Global settlement is a very failed mechanism, it has been proved by the reality.
We should or must make a more better mechanism.
