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Messages - Digital Lucifer

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1
BitShares is a DEFI ready as technology. One functionality missing to yours and your owners interests such as P2P isn't really entire DEFI concept or its definition, and BitShares definitely has a lot to offer already.

Just provide paid invoices like any other normal people and that's all.

And btw warning:

Your insulting and toxic behavior has been allowed until now. Please try to communicate with the rest of people around in more sensitive and respectful manner before you hit ban here as well.

Chee®s

2
I guess you discredited your ability to preview market with this statement already

Quote
step 1) that Chinese have X amount of weeks to move/close their positions to CNY under the current fixed feeds.
I won't put your quotes from tg which are even more funny.


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P.S. Yes Thule, on behalf of the West.
You trying to discredit me all the time on TG..Nothing new that BEOS,you and some chinese who do inside deals are trying everything now to discredit me.It's also funny it's always you running away when western community starts questioning your actions together with BEOS when trying to discredit me.So how come you claim you ask in the name of Western when you are always running away from them ?
But remember even i lose voting power it won't change anything.I raised my voice before and will continue to do it even with 1 bts voting power.
Many chinese members from CN-Vote are already starting questioning the voting decissions for your worker.
I can understand you guys don't like me to talk to them asking for a reason to support your worker or BEOS where they have no clear answer and ask in cn-votes group chat for reasoning.It must be a big pain.




Here a nice conversation with the creator of CN-Cote

bitProfessor, [17.04.20 11:16]
I don't know the current situation of CN-vote
bitProfessor, [17.04.20 11:18]
But I'm not surprised that CN-vote and beos destroyed bithares one day
bitProfessor, [17.04.20 11:19]
What did they do?
Thule the Moaning father, [17.04.20 11:19]
making inside deals with beos
bitProfessor, [17.04.20 11:19]
Ha


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I voted ZAVOD as I have discussed a lot with DL, I feel the proposal is feasible, and it cost less.
So you voted for a legal represantative mainly for foreigners based on a talk with one guy .......
Did you checked the country where the represantative will be located ?It's local rules ?Legal Security ?Corruption ?enforcment power ?
Am asking because it seems you don't know Slovenia and that's why i asked ironicly the question why didn't you open your crypto company in mongolia.

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You are 100% correct, and thanks for support - unfortunately we are far from agreement on general consensus as you see.

Now this is the tricky part: Stablecoin as represents peg/equivalent to its fiat brother (in terms of legal definitions around globe) and is backed by collateral (in our case BTS on-chain); -> To maintain legal around currency with no owner (apart from current committee members), we have to:

Why don't you post your statements public but only in closed chats ?
Did foreign community agreed on your centralization dictatur crap ?You run away as always ?
Come on at least post your position very clear what it means for bitshares having you as legal.
Tell openly how you plan to centralize everything ,call people who don't like kyc idiots,how you want to enforce staff on business etc ?Why do you talk about it only behind closed doors ?
How many people have you already threatened to sue or kick out of bitshares as Brand owner ?(also for their voting behavior only) .
What did you requested to social media accounts holders ?To get your approvement if they are allowed to use social media accounts about bitshares ?
You going to dictate who is allowed to promote bitshares and who not ?
Based on what ?
You clearly are mentally not able to hold such a positon with your permanent threats and abuse.


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I'll give you reply to that. We all forgotten Thul3 was not b-dex when he arrived but thul369 and his activity is this:

BitUSD Debt Position with very nasty CR according to fixed price feeds (which he is so against right ?)
Selling BTS for OBITS
Trading BTS against OPEN.ETH which is dead market

and yeah, holding OPEN.BTC that doesn't work. Can we pass and just start ignoring him completely ? Maybe Alt will realize sooner or later he just had wrong pick.

You are just discrediting yourself more and more.
First of all i stated it already multiple times even years ago that i hold majority of my funds on huobi.Now more than ever because i'm a trader and you can't trade bts very activly on dex with current price feed threshold.
I stated also before that i won't put myself major coins to dex because i don't trust gateways and that's why i support ibc like majority of foreigners which you claim to represent.
To your accusation of being a bad trader even i recommend people to read your comments about trading i bought OPEN.ETH and OPEN.BTC yesterday.
It's a clear bet that these gateways will open soon as OPEN.USDT have been opened yesterday.
Of course you have no clue about it.
So buying OPEN.ETH for 1/3 of regular price is a small bet i did.
Maybe mention the amount i was willing to risk which was arround 60-70k bts for open.eth and open.btc together.
About Obits price falled from average 1 BTS to 0.1 BTS.
A clear buying opportunity if you think VPLedger will have some kind of success.

So please tell me were with your limited ability to understand trading where did i made a big mistake which would discredit me which you try permantly till today with no luck.

Great, and hope now you feel better once you shared it with us. Now anything topic related or helpful ?

Chee®s

3
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We need some agreement and solution fast, now it's been 9 months and its not "temporary" anymore.

We had the choice several weeks ago, but no one care about it, just want to charge the market fees and force settlement fees which were meaningless.

Now the people want to solve the problem of bitusd, that's good, so, tell me, which tools we have or will have?

We spend about 6000bts everyday in MM, what we got still is empty, if we need to spend so much money in MM continually?

Fixed the problem, yes, that's we should begin to do in the last year, now,we did nothing in such long time, so i don't believe the bts community have the ability to solve these problem, especially bitcrab and cn-vote, they have a
ridiculous logic and thought, they can't fixed any problem, just will make or wait the thing become more worse.

Most of the committees and the wittness didn't care about everything of BTS, even didn't have one word in one year, we are DPOS, NOT POW!

Now, just like someone said: let's beg the price of BTS go above 0.0345USD!

and no one should touch biteur, especially bitcrab, if someone really want a stablecoin of bts, he can use HONEST.bitasset!

 GOD will bless us.

Well, we would be using HONEST.assets if they would be having multisig with committee-account and if someone non-anonymous take over owner authority from litepresence. That way only has sense, because we can't even list them on CMC without these 2 requirements done. Trading internally for <200 active users is not really meaningful in this point, without enabling smartcoin and that trading available to masses. Making those 2 happen = "Mission Impossible: BitShares".

For the same reasoning, BitUSD has already perfect structure and ownership which presents him as native asset of the blockchain, where any other created MPA afterwards isn't.

Nevermind, solution then is that actually after BTC Halving we remove BSIP76 once BTS goes over 5c. Hopefully it will happen and will pray for it.

Chee®s

4
You care now because somebody invested 5.000.000 collateral who sucked of other peoples debt kicking out many debt holders from biteur and is now the lowest CR on biteur and who has a clear relationship with you.


Taking other peoples debt and kicking them out of debt is not bringing any supply.

You want more supply for biteur.No problem sell your BTS and you will see how quickly it will get eaten.
But instead you take over the debt positions for pure self benefit and nothing more bringing nothing to biteur.
The only think you do is reducing the amount of debt holders getting biteur debt more centralized.

That's all you can do

aaaa-bb is my account.
I sell GDEX.EOS, GDEX.USDT, and also BTS for bitEUR.
however this is trading, not charity, every trader trades to make benefits.
what have you done?
I am not interested in doing force settlement with bitEUR, it's easy to understand that the bigger your debt position is, the more difficult for you to avoid being force settled.

I'll give you reply to that. We all forgotten Thul3 was not b-dex when he arrived but thul369 and his activity is this:

BitUSD Debt Position with very nasty CR according to fixed price feeds (which he is so against right ?)
Selling BTS for OBITS
Trading BTS against OPEN.ETH which is dead market

and yeah, holding OPEN.BTC that doesn't work. Can we pass and just start ignoring him completely ? Maybe Alt will realize sooner or later he just had wrong pick.

Chee®s

5
Why did you open your company in Singapore which is a global financial hub ,crypto friendly and regulated country and vote at the same time to have legal representative for westerns in Slovenia which is the opposite?

Is this not a legit question on your voting and support behavior?
Why don't you once in your life ask western members what they want when you decide to vote on matters which mainly effects them or at least apply the same standards you used for your own company and chinese community.


Remember your feed bsip which should be only applied to bitcny based on consenus and was later added to bitusd by you with no consent making western mad ?

Seems you want to dictate them your point of view instead letting them go the route the western community wants to go.

I voted ZAVOD as I have discussed a lot with DL, I feel the proposal is feasible, and it cost less.

After BSIP76 has been applied to bitCNY and make sure feed price above 0.22CNY, China community find it also necessary to apply it in bitUSD, to resist shorting attack/death spiral, setting USD threshold as 0.0345USD as at that moment the great amount of accumulated margin call orders is at price 0.0345USD, setting threshold as this will make release the margin call orders.

In my mind, the fact is not that bitCNY belong to China community, bitUSD belong to US community, bitEUR belong to Europe community, they all belong to the whole world, bitCNY has the biggest supply, then bitUSD, then bitEUR, bitUSD status also has big impact on BTS ecosystem/BTS price, that's why China community want to make some change on bitUSD but care less on bitEUR.

You are 100% correct, and thanks for support - unfortunately we are far from agreement on general consensus as you see.

Now this is the tricky part: Stablecoin as represents peg/equivalent to its fiat brother (in terms of legal definitions around globe) and is backed by collateral (in our case BTS on-chain); -> To maintain legal around currency with no owner (apart from current committee members), we have to:

a) restore the PEG before me and Stefan make sure CMC is getting back listed
or
b) Exclude both bitCNY and bitUSD from CMC.

Even CMC Phase 2 demands legal paperwork and has plenty of requirement where with current parameters of those 2 stablecoins we are eligible as fraudcoin. Not saying we are fraud/scam - but reason to prevent "short-attack" from currency that doesn't even report currently its volume is a bit off.

Please reconsider future and reputation of entire blockchain. We still don't have:

1) basic development and legal (apart from what Move does in it's own limits)
2) new dapps/service to offer
3) new committee-account issued replacements for bitUSD and bitCNY

but we do have:

1) empty dex
2) empty gateways (no businesses around)
3) broken smartcoins that nobody new will use

We need some agreement and solution fast, now it's been 9 months and its not "temporary" anymore.

Chee®s


6
My reading is that the request by DL is that we transition to non-faked price feeds on bitUSD.

I support this - Abit has flagged up the primary challenge. It could be done via a phased transition to real price feed over a period of X weeks?

That would give time for big debt holders to shift their positions over and also maybe create some volatility / speculation opportunities in the market if people expect some improvement in price during the period.

Correct - I'm definitely not insane and definitely its not language barrier problem, thanks.

Yeah, idea is
step 1) that Chinese have X amount of weeks to move/close their positions to CNY under the current fixed feeds.
step 2) we restore original feeds and settings on bitUSD and recreate normal positions/markets

Chee®s

actually it's not so simple.

if it is decided to remove BSIP76 from bitUSD, everyone will expect that bitUSD will peg again and will cancel the BTS buying order by bitUSD, then the debt position owners will be not able to close their positions.

Yeah order book doesn't seem to fill all the needs and positions currently opened, but still we can start the process and organize if we really wanted to.

7
My reading is that the request by DL is that we transition to non-faked price feeds on bitUSD.

I support this - Abit has flagged up the primary challenge. It could be done via a phased transition to real price feed over a period of X weeks?

That would give time for big debt holders to shift their positions over and also maybe create some volatility / speculation opportunities in the market if people expect some improvement in price during the period.

Correct - I'm definitely not insane and definitely its not language barrier problem, thanks.

Yeah, idea is
step 1) that Chinese have X amount of weeks to move/close their positions to CNY under the current fixed feeds.
step 2) we restore original feeds and settings on bitUSD and recreate normal positions/markets

P.S. Yes Thule, on behalf of the West. Haven't seen you done much about it in any sensible way. Keep in mind Thule that not you are now just being publicly ignorant and stupid, but you also represent a vote of a Chinese, not West.

Chee®s

8
@bitcrab: please don't try to play with the parameters of bitEUR. Leave it to the westerns. Thanks.

Where are the Westerns? what have they done with bitEUR? how much bitEUR have they supplied? have they tried to connected bitEUR with EURO? do they really care the business development of bitEUR?

For both BitUSD and BitEUR to be related to USD and EUR in last 5 years this blockchain was missing proper corporate structure and internal legal department for it (e.g. people hired by holders and paid through worker for 10 years to do just that - legal for blockchain and its needs according to laws and regulations).

Having in mind that within very own beginning bytemaster had wrong concept and knowledge on legal, he launched BitShares 2.0 as DAO but structured as DAC - which in real world is actually quite big legal overstep.

DAO (Decentralized Autonomous Organization/s) would be structured as non-profit organization and BTS token claimed as Utility. In non-profit organization there would be no shares and % of ownership would be not tradeable/transferable within holders or in any stock sense. Hence the whole idea behind Stichting BBF, that expensive legal opinion letter and no-action letter from SEC. But if anyone knew that we were...

DAC (Decentralized Autonomous Company/ies) who is structured as bunch of for-profit companies operating and sharing responsibilities on the blockchain (how operation as well as legal and financial ones) and hence the type of a company, holders would be actually able to trade the stocks within the company and own them (shares).

BBF coming to all of these conclusions after taking over responsibility on blockchain is finally re-inventing whitepaper and DAC as Decentralized Autonomous Cooperation, where nobody would be having obligations of legal agreements between each other unless they are written in paper and signed by real identities - which worked for fair part of the blockchain while left other half in dark due to inability to satisfy requirements.

Then last year, Ryan R. Fox as US Citizen had smart attempt to translate DAC into new meaning Decentralized Autonomous Community, where there would be no requirements for legal but was also cutting blockchain even shorter to enable itself for any business agreements.


So, point is - no, Westerners who actively participated blockchain activities were too busy fixing a lot of structure, terminology and legal issues just to maintain it in space. Unfortunately to this day there was no legal clearing for making it possible to happen (listings of BitEUR or BitUSD).

Now, since my legal structuring on my own hand will help these missing processes and abilities to show and use stablecoins in the future, I request/ask on behalf of West that bitUSD as representation of western token and fiat stablecoin (where China/Asia has complete zero legal ability to do anything with it publicly or outside China) for 2nd chance that we westerners do it correct way.

If positions of Chinese holders are issue here, they would just need to spend some time on closing them and moving to bitCNY and it would be very acceptable process - since we don't want to damage anyone but just to restore health to certain parts of blockchain that are becoming very important in real world (future cashless society and importance of stablecoins).



Chee®s

9
Is there any chance to push this for BitUSD as well ? There is some focus from different large world entities on stablecoins (due to covid-19 epidemic) and some members around here even know which entities I'm talking about. Their focus is in on-chain collateral stablecoins because they are only truly decentralized and restoring to BitUSD real value through BAIP2 would be very important.

Please consider question/suggestion slowly and reach me if you need any more specific info.

Chee®s

10
If the ETA, team details, costs and worker itself are not available for voting and/or discussion by 15. April 2020, official BitShares Core dev team will include BSIP in upcoming full worker.

Chee®s


11
And most important part that you missed... Escrow.

Ask BBF who negotiated the terms and asked them to be escrow for all these upcoming workers and based on what.

Also, while you're there, ask them is Move centralized owner of brand or we (as we always did), agreed to collaboration and decentralization where

Move Institute is owner of trademark on word
BBF handling ownership of trademark on logo.

You might reconsider your actions, it's still not late for you to stop being so wrong, so we can actually together make BitShares better instead of whatever is your intent atm.

Chee®s

12
1) Domain - given by original owner, never asked for it. Why nobody else picked it 2017 ? Ended up in non-profit as a request of community. Maybe community would be happier if I gave it back to CNX ?

2) your idea was for me to take on core worker. I was the only one willing to spend months on actually assembling core work, not just ask for money like other offers did without even idea what to do. I hold no core team, I manage core team for 35$/h which is nearly 5x less than previous manager

3) you as someone who was publicly destroying BBF in all groups this is a twist. We are attorney and a legal representative for the blockchain/community not the legal. Best part, i'm not even on the worker. Unless holders and move doesn't come to agreement what will be done that worker holds only legal liability for this ecosystem without taking single BTS. Small thanks would be nice if not vote

4) once you, alt and cn-vote demonstrated very wrong centralization event of refund400k, I did what I had to protect the brand. You as holder had  BBF as legal representative 2.5 years to do so, and any of you holders individually for circa now 7 years. It's my fault you haven't paid 1200 euros or just made the order but I did ?

Worried what might happen ? Worry not. BitShares can only be better not worse. Did no damage to it in 3 years and will not change in a lifetime. I will protect it from any damage though, without ask, blink or consensus (e.g. trademark)

And for ignorance on BBFs worker and position around the blockchain, why just not reach them out directly but just stiring publicly fire ?

And to be clear - even cn-vote group came to reason and all they needed was someone willing really to break language barrier, while you in the meantime drifted away from it, without any concrete reason apart from trademark initiative that made you turn 180 degrees. You have some handles there ? What's up for real ? 

Chee®s

13
20$+ to the pool is better than 0$ to the pool. Is there any other bsip profitable for reserve pool you holders came up with ?

And how is illegal P2P lending profitable for the blockchain ?

Chee®a

14
Quote
Why Gateway not pay?
2) You can't increase fees on transactions when you have no business or customers. Binance can, we cannot.

“chicken-or-the-egg”

This is a very complex problem.

Quote
3) DEX is NOT BITSHARES. It's time to filter businesses who "wants to build" to the one who are legit and have liquidity (wanna do business) and ones who dont wanna do business and are illegal.

ok,want to learn the Binance DEX(https://www.binance.org/)?I don't think so.

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4) What sane business&development manager will let everyone fuck his project for free ?

en, the project still get the transaction fees, not free.

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BSIP86 ISSUE

Just a small group people discuss it, even me just have a little words in the ISSUE, no body want to think and read it seriously,and even no Chinese version,how many members of CN-VOTE know what‘s the means of this BSIP? only less.

I don't like this BSIP86 in this mini mainnet releases as it is not so important, just can get a very little income from it.

I have quit all the groups of BTS long time ago, as i can't get any valuable discussion, maybe they more like to participate in the battle of steem.

I even don't like quietly any more, somebody have injured the bts holders and bitassets once and once again, and can't or not want to get any lessons from it. maybe i should be quietly like blocktrads, sell 35M bts and hold 7M BTS of community, and say “ i don't trust them.”

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spammer

I like this words, abit and bitcrab call me that, i like to be it, they think they know and right, let the time show.

or you can ban me as a spammer for a year,so i will can't question anything in here,they also have a quiet environment to do what they like or want to do, that's very equal and reasonable.

Ill be simple with math and numbers, since words means nothing in this case and there is no "chicken-or-egg" in business terminology. Maybe it does in agriculture, but not here.

Currently BitShares blockchain has
Weekly: <1400 unique accounts
Daily average: 200 unique accounts
OPS Average: 215000
TX Average: 1.44 per second

24 hours = 86400 seconds

Total daily TX average: 124416

Basic member regular transaction fee to place order: 0.04826 BTS
Lifetime member regular transaction fee to place order: 0.00965 BTS

If we TAKE MID AVERAGE between basic and lifetime we get

Average member regular transaction fee: ‭0.019305‬ BTS

Moment of truth...

124416 TX * ‭0.019305‬ BTS = 2401.85088 BTS per day (if we have full day of regular transactions)

At the current ticker price of BTS this blockchain and project is making

DAILY PROFIT FROM FEES: 2401.85088 BTS @ 0.017224 USD = 41.37 USD

Monthly: Daily * 30 = 1241.1 USD


Costs of bitshares.org and news.bitshares.org monthly are x3 that.

What profits you are talking about and why i still need to let anyone build for free or list for free or operate on TOTALLY UNPROFITABLE BLOCKCHAIN AND OUR OWN BUSINESS FOR FREE ?

Chee®s

 

15
Worker is now posted on chain with worker ID 1.14.256.

Public accounting is available as always

Personally supported.

BEOS support since 1 hour ago.

Thanks for all compromises made, time and effort you spent on preparing this worker and dealing with me through it. Good luck to all the teams in upcoming workers and deliveries.

Chee®s

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