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General Discussion / Re: Bitshares price discussion
« on: March 12, 2016, 11:51:10 pm »
This person is probably using the power of their stake to Sorc the market. They'll be back with a few million more, just watch.
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Is there a preconfigured Linux release that one could use to spin up a node? that would be cool.
Yes, that is exactly what the Azure BaaS templates are intended to accomplish. Currently BitShares on BaaS is running on Ubuntu 15.10 based on the initial template. Future updates will likely include builds on other OS platforms.
The problem with taking your money off the exchange and trading on the Dex, is the possibility of losing money due to the complicated nature of placing trades. This is especially relevant for shorting.
//Right now the odds of losing all your money on a centralized exchange due to hacking is far lower than losing a big chunk on the Dex due to //complexity, user errors, and bugs. Also there is no chance of fund recovery on the Dex if a bug causes you to lose money.
The longer that polo and all the other CExs stay secured, the better their practices will get and the less useful our Dex becomes.
I've day traded for 10 years and I would never trade on our Dex in its current form. It doesn't have the most basic tools that traders need.
Please consider withdrawing your bts from external exchanges if you do not intend to sell them.. More than 30% of BTS are in the top two exchanges. This is very dangerous and if something goes wrong with any of these exchanges you can kiss goodbye your bts investment forever.
If you do not sell your bts, why not just held them in your wallet and be the king to your castle?
A good amount should be from traders, which don't really care about bts so...