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Messages - robrigo

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466
General Discussion / Re: Do the assets have their own blockchain?
« on: August 29, 2014, 07:21:43 pm »
Oh right. So could a merchant accept bitUSD then?

Yes! And they wouldn't have to worry about the volatility of accepting a cryptoequity like BTC, especially when the market becomes more liquid and the peg stabilizes more. Amazing stuff!

bitUSD is the first true cryptocurrency IMO.

467
General Discussion / Re: * GENERAL WARNING *
« on: August 29, 2014, 07:14:06 pm »
Where do you think the blood on the bleeding edge comes from?! Agreed, well put.

468
Awesome work guys! Now, ask your social friends to help our campaign as well! We are 20 supporters away from the campaign goal. I've sent out the $1.337 bitUSD to everyone who posted.

469
added 1,400+

BitShareX://tuckfheman

You rock! I sent your $1.337.

470
Sent out $1.337 to you erick, fuznuts, kflitter, hawaii50. Thanks for the help everyone!

471
Any chance anyone recorded this? I missed it and was really looking forwards to it :(
Cheers.

I hope so as well. I think it would be good to link it on the thunderclap campaign.

472
Here is what I have implemented as an intermediate step:

1) If delegates publish a feed, then the feed will be used rather than the average.  In this way if there is a service interruption on the feed, then the network can still function like it does today.

2) This puts the "shareholders" in control over whether to use feed or average.

3) I have restricted the creation/execution of new shorts to the median / average price.

Result... those who have USD have priority in selling over those who would like to short.   This adds liquidity for those with USD by removing competition from those looking to short. 

Next we are going to open up a second bitasset so that "short demand" can spread between two BitAssets and the bitassets can trade against one another. 

I believe this should implement your proposal without the arb. bot.   

This looks acceptable to me in order to prevent rampant manipulation because of the thin orderdepth yet. How would you call the new "bitUSD-short pegged" and "bitUSD-market unlimited"? Also, in which version will this be included, I suppose the delegates and users will have to download a new version, for example 0.5.0 first, right?

I think BM was referring to bitBTC or bitCNY as the second asset, not 2 separate versions of bitUSD.

473
General Discussion / Re: Do in need to register my BitSharesX Account
« on: August 28, 2014, 10:16:33 pm »
What prevents someone from doing a brute-force or other attack and being able to guess passwords.  If someone is able to get my password, do they have full access to my account from anywhere?

Thanks

Nope, because your password is linked to your wallet file on your local machine.

474
Ok.. so, I couldn't resist the idea of getting my first 2 bitUSD, though it's less clear how that is sent to those signed up. So, I'll suggest here throw your assets at BitShareX://davidpbrown

Thanks for your support! I sent your $1.337.

475
Supported already on twitter +5% +5%

Sent your $1.337 bitUSD. Thanks for the help!

476
Shameless +5% bump. We snagged 9 more slots so far today... help push this campaign over 20000 social reach if you haven't joined yet!

477
General Discussion / Re: What are the mechanics of a "btsx hard fork"?
« on: August 28, 2014, 06:16:19 pm »


People were talking about the 'hard fork' on BitsharesX on the first day.  How do the mechanics of this work?  What was done?

If it's a fork, does that mean a fork in the block chain?...

What types of "forks" are possible, and what are the implications?

Brent Allsop

A hard fork is when code is changed such that a cutoff block has to be established which old clients won't be able to process past, from what I understand. This is why user need to upgrade ASAP to avoid not being able to sync past that block. If you look at this commit you can see the block # constants which each fork has taken place declared as well as being checked against segments of code in IF blocks.

https://github.com/dacsunlimited/bitsharesx/commit/4426a64b7cca9d74f8bcd90ecc78b73713d58700#diff-a8ff4a17487f03f1e51cf382fab75ceeL9

478
I registered but now I can't withdraw from bter. I tried twice and get : cancelled:BTSX account is not registered or memo is too long   

I'm using no memo. Can you verify I am registered?

I don't see you as a registered user. You can double check in your wallet by going into the account and looking underneath the account namet. It will say the date you registered on if it was processed.

479
General Discussion / Re: KEEP CALM and Read this Thread
« on: August 28, 2014, 05:07:00 pm »
I've always wondered...(sorry if this is stupid)...

If I am a new user and register a wallet for the first time and export the .json file, and then I go and buy some BTSX and invest in bitUSD and send some to friends and then somehow something goes wrong, is that original .json file useful to me?  The one that I made when my wallet was still empty?  If I load that original .json file into a new wallet will it somehow detect the subsequent activity I engaged in or do I need to make frequent backups sort of like snapshots of state changes?

Yes, that wallet will still be useful regardless of subsequent transactions. It stores your private wallet / account keys which can be used to associate activity from that wallet on the blockchain.

480
General Discussion / Re: trying to send bitusd to bter
« on: August 28, 2014, 04:36:11 pm »
so I have to have .5 btsx for a transaction fee?

You can decrease it to 0.1 by going into Preferences.

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