Show Posts

This section allows you to view all posts made by this member. Note that you can only see posts made in areas you currently have access to.


Messages - xh3

Pages: 1 [2] 3 4 5 6
16
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.

17
General Discussion / Cheap actionable items
« on: March 12, 2016, 06:19:34 am »
work with exchanges to offer fastest funds transfers for any tokens, advertise this fact with the aim of influencing traders to consider bitshares their "home base".

This is voting season, let's have some fun polls on the blockchain and make shareholding fun again.

18
General Discussion / Re: Bitshares price discussion
« on: March 11, 2016, 07:42:43 pm »
...or someone could have made a market here.

19
the Bitshares API could be wrapped in something that matches those specs

20
this should all  be handled by the trader-coders.  I would love to help in any way I can

21
Having to purchase MT4 is not an obstacle for serious traders.

22
This opens up into a larger discussion on how to make the DEX attractive to traders.
       
        Who are these traders and what are their values?
               Who are serious traders?
                    What types of serous traders are there?
                          What is the thing they all want?
        What is really necessary to become the best game in town?
               What is the best game in town?
                   What is the best game in all of trading?
                      What is the best game in crypto-trading?
                          What do they all have in Common?
How to Implement what traders want?
     How to delegate roles?
         Is there anything in the protocol itself that can be modified to make trading more attractive?
             Can the protocol interface with other widely used trading tools?
         What sorts of extensions could be written to extend functionality to less technically savvy traders?
             What type of Apps, services, and businesses would need to be in place to stimulate trade?
                    How to stimulate such development.

------------

"Serious" traders do not generally trade in the crypto because it does not meet their criteria for safety.  I suspect that the development that they are waiting on is legal.  All other risks can be quantified, but the liabilities involved in trading crypto are not well defined, and the methodology for safely doing so has not been exposed .

The types of traders in crypto tend to have a reckless gambler's edge, but they too are proving the thing that they want.
Traders want everything to be solid up to the point where they're deciding whether to buy, sell, or hold.  Traders want to be free to just trade, because the mental bandwidth required to trade well doesn't leave room for other concerns.

The best trading platforms take this into account, and deliver the capabilities to traders that they need in order to just trade.  Think of trading Nasdaq on Tradestation.... what's on your mind besides just making good trades?
The best platforms in crypto do not even approximate that experience really.  Personally I feel mostly fine on Bitfinex, but when trading Polo I feel like there's something nasty around the corner, the whole thing seems glitchy, and I have a hard time getting the information I use to trade with. However, I still trade there because it provides a number of liquid volatile markets that I can trade at with leverage.... which is worth quite a bit to a trader.
Traders are just opportunists really, if you create opportunity, they will show up to harness it.

All that being said, I think we can all agree that the first and primary business of crypto-currency is the speculation on it's own value, and that success in the space right now involves granting people the ability to exchange things.

I'm fuzzy on the current implementation details of the bitshares protocol, but it does provide basic market services.

       I do wish it provided the capability for an issuer to buy all possible asset names starting with a numeric prefix eg.
       I buy all possible asset names beginning with 854-896-5547..... etc.
       this would allow me to issue assets and everybody knows that if it's in my               prefix, it's mine.  I can later use this in my app to organize
       my markets and alias my assets in the UI.

The development I would like to see as a shareholder is in apps, businesses, gateways, partnerships, etc.
Let the protocol provide basic clearing services and capabilities.  Let third party developers grind out some apps to leverage it.
Interfacing with MT4 would be a great thing, but if that's not possible, some sort of clone of it would be useful too.

In general anything that can be done to make it easier for traders to just trade, and for there to be ample opportunity when they do, will be for the better of the DEX.






23
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.

I meant to ask, is there a preconfigured Linux release available for download for people who do not wish to lease a server from the Azure Marketplace?

24
Is there a preconfigured Linux release that one could use to spin up a node?  that would be cool.

25
I love to trade, and I would have to agree with @ll_jay890.  It's not a serious choice because serious trading needs a few things that the DEX  and GUI lack.

 It needs order management, it needs to be quantifiable in terms of risk,
 it needs a great API,
and it needs the capability to place leveraged trades. 

The reality is that the fact that D in DEX doesn't sell itself, it needs to just be the best exchange, providing a superior way to trade.  The reality is that traders right now want to trade on Poloniex for exactly those reasons, regardless of how Poloniex has been implemented.

The thing that's frustrating to watch is that what DEX offers is extremely desirable to traders, safety.  If trade could be leveraged from one's own security, it would lead to a much deeper reflection of the tokens traded and a consistent, healthy  threat of major price action.



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?


26
A good amount should be from traders, which don't really care about bts so...

Traders are important to the health of an asset,  and are a very literal breed.  If BTS is to collect traders from the centralized exchanges, it must provide a very literal reason for why they should trade there.  I would say that this provides a great opportunity for someone to code a virtual centralized exchange.  Also it might end up being good if there's a major heist because this would add intangible value to BTS' abilities, and provide a great opportunity for BTS bulls to get  way longer.

27
General Discussion / Roles
« on: March 09, 2016, 04:33:37 pm »
Bitcoin the reserve currency of virtual business, but it's main business is speculation on the future utility of virtual business.  BTS, ETH, NXT are platforms for virtual business. ETH has gained first movers advantage and for good reason, its platform is incredible.  I think a good and strategic use of development time would be to write interface to their api. That way when the next generation of virtual businesses take root, they can do so inside of the BTS ecosystem and still have access to Ether's VM.  Also this would perform a marketing role, as it would cast BTS and ETH as allies and not opponents, while creating an impression of adaptability and inventiveness and possibly invite a friendly nod from ETH's capital.
Thoughts?

28
Random Discussion / Re: What if bytemaster's right ...
« on: December 16, 2015, 12:18:41 am »
there is only environment. Inside the environment the only things that can exist are useful and resonant with the forces of the environment.

29
General Discussion / Cool Project CEPTR
« on: December 16, 2015, 12:03:19 am »
"Ceptr is a rebuild of much of the computing stack optimized for decentralized sense-making, computation and composability. This means semantics baked into the lowest levels of memory storage, self-describing protocols which let anything talk with anything else, blockchain-like abilities for decentralized data storage and computation."

http://ceptr.org/

http://ceptr.org/revelation/

https://github.com/zippy/ceptr

30
Ripple is making a play for the mainstream. Think about it, in the last few months they've partnered with banks, submitted to the SEC, courted WU and proven that they're willing to exert freezing power over then network on behalf of the powerful entities that use it....therefor making it more appealing to people who play by the same set of rules. Ripple is not run by crypto idealists, it's run by straight up entrepreneurs.

Pages: 1 [2] 3 4 5 6