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General Discussion / Re: suggestion for an offical market value management infrastructure
« on: March 09, 2018, 12:00:36 pm »
I had simple plan when I started margin trading, in case of margin call I could always sell some of my other crypto and buy bitUSD and repay the debt.
What I didn't realise that when it came to it that nobody wanted to sell their bitUSD in the BTS falling market.
Well it is clear enough to me that at present smart-coins are not working as intended due to low liquidity as nobody wishes to create/sell new ones in falling market.
I don't know if bitcrab proposal will fix it but it won't cause any harm so we should try it unless someone else comes with better proposal.
Thanks to bitcrab for putting proposal and starting convo as it was needed.
Kind Regards
aloha
What I didn't realise that when it came to it that nobody wanted to sell their bitUSD in the BTS falling market.
Well it is clear enough to me that at present smart-coins are not working as intended due to low liquidity as nobody wishes to create/sell new ones in falling market.
I don't know if bitcrab proposal will fix it but it won't cause any harm so we should try it unless someone else comes with better proposal.
Thanks to bitcrab for putting proposal and starting convo as it was needed.
Kind Regards
aloha