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In my opinion this is free money. We get someone who need this feature so much that he is ready to risk $45k to get it done.
This private party deserve to receive a royalty in the future of this feature, just like the when the shareholder pays for a feature. It's no different in my opinion.
I say take that money and get it done!
Take the money and get it done!
Making profit trading has become exponentially more difficult since Ander stopped telling us his every move beforehand.
I wonder how many idiots are there who would ever margin trade in a market of this size? ETH is one thing, but enabling the margin on BTS market is just fucking absurd. And dumbfucks from polo trollbox who were crying over their losses 3 days back, still keep talking up their margin positions... How could people physically be that stupid?
BTS 2.0 is fine. Its not perfect but its not like its seriously broken or anything that would warrant the selloff way below 1400.
* The Chinese exchanges (btc38/yunbi) fixed their problems and upgraded to 2.0, and reopened deposits and withdrawals. No more being worried about fractional reserves or worried that they will never upgrade or might even try to stick with BTS 0.9 and make a fork chain or something crazy like that.
* Chinese money can once again buy into BTS.
* Referral program is finally working, so people can begin promotions.
* We have some positive discussions going on about how to improve the things that people dont like about BTS, namely fees and UI stuff.
And most importantly: BTS is currently deflationary!! The only worker right now is the fund to pay for user asset fees. This is not an account that is going to get sent to polo or btc38 and dumped on the market, its to help people use assets, it doesnt represent any "real" inflationary pressure. The rest of the potential inflation is going to the recycle400k worker which means its going straight back into the reserve and is also not inflationary. Fees are exceeding the payment to witnesses, and with no workers actually taking BTS to be sold right now, real supply is going down! That means everyone's BTS is slowly representing a larger stake of the whole system. Very slowly right now, but whats really important is that its not inflating!
Also everyone panic sold about as hard as is possible, and people got liquidated, so most weak hands are probably out right now, and most of the people in BTS now are those that held through the drop and probably wont want to sell until its back up to reasonable prices, or smart money that bought the panic.
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Whenever there is money involved emotions are going to run high... especially during downturns. It's been like this for decades on finance forums, and I doubt it will ever change.
This community isn't an aberration.
btc38 is going to open deposit and withdrawal this week.
Yunbi will do this tomorrow.
cagara: EtherWizard, as I have nothing left this cannot unveil any position of mine. Well I started with 960 BTC here, margin trading and BTS got my down to 11 BTC
I just lost all my bts because I was margin long in polo..
That is the pain you feel when you support blindly something I suppose instead of day trading like most people..
The luck of support at these levels is just so disappointing..
I said a million times that margin wasnt safe. Its horrible that you lost everything mf-tzo, hope you at least have some left.
I feel like polo margin ruined BTS. I tried it some and got hurt by it too, but managed to cover at a loss a couple times when things were starting to go down so I never got liquidated or anything, just lost some bts. I should never have used it. I probably wouldve also gotten liquidated on this drop if I'd had a margin position there, but luckily I got burned enough earlier on and stopped.
I feel like I'm pretty much done with crypto at this point. If good projects like BTS can get shit on this hard by everyone while they pump stupid crap. There is no sanity in the market. BTS was one of the only projects that could hope to become profitable and actually be worth holding, but it got dumped to hell.
I'll just hold a few remaining btc, and my bts and muse and brownies forever and come back a while later and see if they are still worth anything. There is no point selling them now. Maybe try to buy a few more btc if it has a dip.
I'm in the same boat as you Ander. Woke up to see a message on my phone that I got margin called. Lost 25 BTC. Maybe I will comeback in the future. Good luck guys.
I just lost all my bts because I was margin long in polo..
That is the pain you feel when you support blindly something I suppose instead of day trading like most people..
The luck of support at these levels is just so disappointing..
I said a million times that margin wasnt safe. Its horrible that you lost everything mf-tzo, hope you at least have some left.
I feel like polo margin ruined BTS. I tried it some and got hurt by it too, but managed to cover at a loss a couple times when things were starting to go down so I never got liquidated or anything, just lost some bts. I should never have used it. I probably wouldve also gotten liquidated on this drop if I'd had a margin position there, but luckily I got burned enough earlier on and stopped.
I feel like I'm pretty much done with crypto at this point. If good projects like BTS can get shit on this hard by everyone while they pump stupid crap. There is no sanity in the market. BTS was one of the only projects that could hope to become profitable and actually be worth holding, but it got dumped to hell.
I'll just hold a few remaining btc, and my bts and muse and brownies forever and come back a while later and see if they are still worth anything. There is no point selling them now. Maybe try to buy a few more btc if it has a dip.
