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Messages - ngenko01

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1
Technical Support / Re: Limit vs Market orders
« on: January 18, 2018, 06:58:20 pm »
You can place market orders and limit orders, and they get automatically matched. Try it, it is easy.

thanks for your responsiveness.

2
Technical Support / Limit vs Market orders
« on: January 18, 2018, 01:52:15 pm »
Hi all,

as I understand the bitshares api, we can only make limit orders. The counterpart has to meet exactly my order to be executed.
That's why if I have a a limit order to sell one BTC at 100 000 usd on the market, and then, someone places a buy order for this price (for a very low amount), the market will show a very high transaction.

Is there a way to execute market transactions on bitshares market (even if it's dangerous, I understand) ?

Thanks for your support.

3
General Discussion / Re: bitUSD - USD - open.USD => what's the difference
« on: January 09, 2018, 07:36:47 pm »
bitUSD == USD (Just different ways of referring to it).

Open.USD is real FIAT USD deposited into OpenLedger's bank & issued to the user in return. bitUSD have 2 times the amount of collateral than Open.USD & the collateral is provable on the blockchain.

Thanks [member=42582]Customminer[/member], sounds quite clear now. Indeed, why not having several version of USD on Bitshares blockchain.
On OpenLedger, there are actually 3 types of dollars, including USDT, which I guess is USD Tether.

I have these questions too, specifically:

1) if both these currencies are 100% (or more) backed but currency, why does open.BTC trade at .9 to bitBTC?  Does that mean if I wanted to withdraw using open ledger I would loose 10% of the value of my currency?

2) conversely if I transfer BTC into bitShares through openledger would it be theoretically worth 10% more than its value in bitBTC, but with no way to withdraw?

Clarification on the price variance of these pegged currencies would be helpful since they seem to vary significantly from each other.  I'm sure I'm just missing some important detail ;)

Thanks.

I have been looking at the bitUSD/open.USD market, and there is actually some activity. The volume is quite low, but the price is stable around 1 to 1.
[member=47159]benbogart[/member], I see as well the market open.BTC/bitBTC. I don't understand either the 10% difference. If someone can explain.

If there is a big difference in price between bitBTC/open.USD and bitBTC/bitUSD, then there is an opportunity to make an arbitrage between the two market, using the USD/open.USD market. There might be many opportunities to make arbitrage between markets, and that would actually bring liquidity everywhere. Has someone already worked on that?

4
Technical Support / transaction signing example
« on: January 09, 2018, 03:37:09 pm »
Hi All,

On the bitshares githuub, there is the transaction signing example missing on this page.
https://github.com/bitshares/bitsharesjs (see at the bottom)

Is there anywhere a place where I could find it?

Thanks in advance for your support.

5
Technical Support / Re: Creating a DAO with Bitshares
« on: January 08, 2018, 12:59:59 pm »
That's correct, there would be a GUI, and anyway some components on a centralized server. Votes can also be integrated on a centralized server, I was just wondering if it was already available in bitshares.
So yes, it sounds indeed feasible to register the votes of token holders directly on my side, but that would be ugly and centralized :(

Thanks to you Ravid and xeroc for your support.

Well, you said that people will vote on stuff related to your company. I am pretty sure the stuff to be voted on will not be shown in the Bitshares wallet as it has nothing to do with its network. So you'll need a centralized voting hub anyway and it will do the weighting and calculations.

On the other hand, if you are an established company with a budget, you could hire a developer that could implement the voting with your company token on Bitshares. Some kind of flag would have to be added to the workers/improvement proposals/your stuff so that Bitshares-related proposals wouldn't show at your hub and yours on ours.

Bitshares devs are pretty busy as they are, so you'll need to hire your own and get him working with our guys

Well, thanks for all these very helpful things.
Indeed, enhancing bitshares to propose such a mechanism would be, in my opinion, a great new feature for bitshares, and indeed, the best is about bringing new people to implement it.
I'm currently working on designing a project and gathering people for this project. Will consider assigning dev to that, if the community likes the idea.

6
General Discussion / bitUSD - USD - open.USD => what's the difference
« on: January 04, 2018, 08:54:20 pm »
Hi All,

As I'm exploring the possibilities to use BitShares, I realized that it's not very clear when it's about Fiat currencies.

On openledger, there are USD and open.USD
On bitshares.eu, there is bitUSD, and I can't find anything else.

Then, on the white paper, I understood that it's possible to make smarts coins, that are worth 1 USD or 1 EUR, but they are not real USD or EUR. I did really understood where the value is stored (in some contracts, but I did not really understand the mechanism).

Can someone explain me why the assets are not named the same on these two platforms?
Can someone explain to me the difference between USD and open.USD?

Thanks in advance for your support.

7
Meta / Re: Bitsharestalk mailer
« on: January 04, 2018, 08:45:00 pm »
Same thing happened to me yesterday/today.
User name: dandeman

I tried endless "resending" of the activation email.
My guess is that the domain is blacklisted somewhere.

I wrote a PM to fav, but no anwser so far

8
Technical Support / Re: Creating a DAO with Bitshares
« on: January 04, 2018, 02:02:11 pm »
Correct me if I'm wrong but I assume your DAO will have some kind of website or GUI or other framework outside of bitshares wallet. Why can't you just pull the data of a specific account from the blockchain about their holdings of your token and calculate the weight of their vote in the said framework?

That's correct, there would be a GUI, and anyway some components on a centralized server. Votes can also be integrated on a centralized server, I was just wondering if it was already available in bitshares.
So yes, it sounds indeed feasible to register the votes of token holders directly on my side, but that would be ugly and centralized :(

Thanks to you Ravid and xeroc for your support.

9
Technical Support / Re: Creating a DAO with Bitshares
« on: January 04, 2018, 01:37:15 pm »
I thought FollowMyVote wanted to do exactly that with their stake-weighted "thing" .. don't know how that projects went/goes

Thanks for the reference. The project looks serious, Github available, very rich website, but indeed, looks like it hasn't been much forward since a year.
Hopefully, EOS will provide a way of creating voting framework to create DAOs :)

If anyone has any other ideas about voting mechanisms on top of a bitshares asset, please let me know.
Thanks.

10
Guys, he just announced that they are going to do something nice for the ecosystem (or at least try) and they don't even ask for money. Why so much skepticism? It's not like they are scamming money out of the platform - let them do their thing

Have a look at their white paper.... they will ask for money. Otherwise, why would they create their token??? the token is actually already created!
As long as I don't see real faces, with real names, on a project... I won't consider it as a real project.

@Project owner: please provide your real name, linkedIn profile, project partners...

11
Meta / Bitsharestalk mailer
« on: January 03, 2018, 08:41:42 pm »
Hi,

This is for the one in charge of the maintenance of the forum.

I tried to create an account with another email address, and I never received the confirmation email.
My mails are however hosted by a well known Swiss based hosting company, and it seems that the mailer system of Bitsharestalk cannot send any email to this provider (infomaniak) => email would be ngenko at btc-consulting dot org

I therefore created an account with an email that I actually do not use much... can someone assist?

Thanks.

12
Technical Support / Creating a DAO with Bitshares
« on: January 03, 2018, 06:52:38 pm »
Hello,

In order to create a true decentralized autonomous organization, I would like the token holder of the organization to be able to vote on various topics.
Is there a way to associate votes with a token that I create on Bitshares?

Thanks for your support.

13
I would expect a little bit more than such a paper to invest in this project. At least mockups that shows your ideas to make it simpler.

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