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Messages - lil_jay890

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271
Yunbi voting against the workers could be looked at as them protecting their customers.  By voting against the workers, they are preventing the dilution of their customers bts. Dilution has direct negative price pressure and adds an additional variable to trading.  Workers and development doesn't necessarily mean higher price.

Also there is no "social contact" that the exchanges need to follow, and constant vilifying of exchanges is going to hurt the bts price much more than an exchange actually using the system the way it was designed.

You're a complete idiot.  You've proven that over and over again.

Lol

272
Yunbi voting against the workers could be looked at as them protecting their customers.  By voting against the workers, they are preventing the dilution of their customers bts. Dilution has direct negative price pressure and adds an additional variable to trading.  Workers and development doesn't necessarily mean higher price.

Also there is no "social contact" that the exchanges need to follow, and constant vilifying of exchanges is going to hurt the bts price much more than an exchange actually using the system the way it was designed.

273
General Discussion / Re: Bitshares price discussion
« on: March 19, 2016, 06:18:18 pm »
All right here is a trade for anyone who wants to follow.

Buy now (approx 14.7 mill market cap)
-Stop if it falls below 12.5 mill market cap
-Take profit at 20 mill market cap

That is about a 3:1 risk reward

274
say the market price is 0.0380 CNY/BTS .

Someone know they would come into 1 million BTS in 1 month .  (workers/or vest in balance)

But they're afraid that the price gonna be dropped lower .

So ....I would offer a 20% off price ,  I give him money now , and he would give  me BTS 1 month later .

Thoughts ?

I think a futures or options market would be awesome for BTS... It would probably end up increasing liquidity more than a bond market or maker taker as well.

275
General Discussion / Re: Bitshares price discussion
« on: March 18, 2016, 02:47:00 pm »
Hmmm wonder where all the bts bulls went that said I wasnt "acting like a trader" because I was bearish bts...

You were not bearish. You were whining about the price bouncing down after pump, "oh shit, how a trader is supposed to act???" Oh yeah, this happens for the first time, what a confusion for professional traders!!! lol

I said sell on March 10th at 20 million and buy back when it reaches 10 million and double your shares...  But I guess in your world predicting a price drop doesn't mean being bearish.

How should have i put it in order to make it clearer for you??

You were not predicting nothing, you were whining about price drop.

Quote
Total shit price action... BTS has no "stickiness" to the upside, only to the downside.  All it does is spike and get dumped on by whales.  Only way to make money long is to watch the charts and pray you are around when there is the 1 day pump.

And "bts bulls", who said that you are not acting like a trader sold right before they said this.

Time Stamp Bro

Smart move = liquidate your bts now and buy back at 10 million. Don't be a pig and double your shares.

276
General Discussion / Re: Bitshares price discussion
« on: March 18, 2016, 02:29:01 pm »
Hmmm wonder where all the bts bulls went that said I wasnt "acting like a trader" because I was bearish bts...

You were not bearish. You were whining about the price bouncing down after pump, "oh shit, how a trader is supposed to act???" Oh yeah, this happens for the first time, what a confusion for professional traders!!! lol

I said sell on March 10th at 20 million and buy back when it reaches 10 million and double your shares...  But I guess in your world predicting a price drop doesn't mean being bearish.

How should have i put it in order to make it clearer for you??

277
General Discussion / Re: Bitshares price discussion
« on: March 18, 2016, 02:15:36 pm »
Most all the major crypto coins got dumped today not only BTS.

Exactly, blood's spilling everywhere. You can't point at BTS and say "wow BTS you suck at going up LOL told ya so" during this bloodbath.

So you can only be right about being bearish if only BTS falls while other coins stay afloat??? Gotcha...

You can make excuses or you can make money.  FYI... over the last 7 days only FACTOM has fallen more than BTS.  The only other coin that is doing badly, but not as badly as BTS, is ethereum.  But ethereum has had a meteoric rise from 30 mil to 1 billion, a small retracement should be expected.  BTS gets pumped from 10 to 20mil and gives the entire thing back in a week. That is garbage price action.

278
General Discussion / Re: Bitshares price discussion
« on: March 18, 2016, 11:43:34 am »
Hmmm wonder where all the bts bulls went that said I wasnt "acting like a trader" because I was bearish bts...

Same price action over and over... One day spike followed by constant steady dumpage, and probably sold to all the "higher floor" guys

279
Muse/SoundDAC / Re: Requesting a Mumble with Peertracks CEO
« on: March 16, 2016, 06:35:28 pm »
What will be interesting to see is whether or not legal action is pursued against peertracks... I'm betting many lawyers and judges may view this a investment fraud.  I think its only a matter of time before lawyers start pointing their guns at this kind of stuff.  The payouts could be very lucrative and we are seeing suits like this against lots of non-blockchain companies.

280
Rewards card functionality is now done, it works in v1.1 of the mobile wallet, the standalone pos and also Odoo POS. This way when you buy something at a store with your mobile wallet, the merchant can automatically send you some of their chosen/created UIA to reward you based on your purchases at that store. The merchant can also set how much to send, how much can be redeemed and even set amounts that you have to spend to qualify for certain rewards.
 
Lots of UI work being worked on right now.
 
The core code for mobile wallet Overdraft Protection is now done too. It allows your wallet to draw from your other desired balances should you not have enough to pay when you are being billed at a store. This will also be released with mobile wallet v1.1 in a few weeks (i know i know i said a couple weeks but I keep cramming more stuff into v1.1, i figured what the hell we might as well make the update worthwhile for as many people as possible).

The ability to spend more than 999 of a given asset or coin has also been fixed.
 
We have also doubled the speed of QR code reading, as it's taking like 10 seconds right now which will never work at any POS. I think once that "Witness spamming too much data" issue on github is fixed too, that will dramatically speed up the mobile wallets as well, cut down on cpu and bandwidth usage etc.

@kenCode,

You are blowing me away with your productivity and innovation.  +1

What features of the blockchain did you use to implement this
... or is it all code in the app on the individual's phone or is some of it on your web server?

thanx guys
 
@Stan - all of it. check out my github, we will be committing a buncha more stuff over the coming week too (https://github.com/kenCode-de?tab=repositories). as for the code, everything is run locally so there is no server to trust. we got our new website ready for launch today too, but since it is in 44 languages i want to get a few of the translations finished up before i upload everything and redirect the dns to evennode.

Ken is the man!  I feel very confident investing in OPENPOS

281
General Discussion / Re: Bitshares price discussion
« on: March 15, 2016, 04:43:27 pm »
All these major price jumps are synthetic, nobody has delivered a finished product yet...  I think sometimes people forget how markets work.

More often than not price pumps and dumps have nothing to do with finished products much less "fundamentals".  Markets move based on sentiment and positioning... BTS 2.0 was delivered (which could be seen as a big release) and the price went down.  Most would argue 2.0 was superior 1.0 but has a much much lower valuation.

282
General Discussion / Re: Bitshares price discussion
« on: March 15, 2016, 12:03:05 am »
Total shit price action... BTS has no "stickiness" to the upside, only to the downside.  All it does is spike and get dumped on by whales.  Only way to make money long is to watch the charts and pray you are around when there is the 1 day pump.

What's your deal, man?  We bottomed out in early January at .000004 and have been in a nice, steady uptrend (yellow channel) since then. A few days ago we had a nice catalyst, busted out of the 2-month uptrend, and hit the top of a longer term downtrend (red channel).  Now we've pulled back and so far seem to have found support at previous resistance.  Sooner or later we'll have another go at the top of the larger downtrend channel.  Once we break through that -- Katie, bar the door. 

By the way, aren't you a trader?  You sure don't act like it.  Unless you're just trying to scare people so you can buy as low as possible.  Without a doubt, there are people here who play that game. 



How exactly is a trader suppose to act??? Didn't realize that there was a code of ethics in this business...

I could care less what BTS does in respect to BTC... I only care what it does in dollar terms.  And in dollar terms it spikes to the upside but sticks to the downside.  It's in a descending triangle.  That is bearish and shitty price action for anyone who is a bull.  It's been the same pattern for the last year and a half.

Maybe you are right and finally BTS stabilizes at a higher dollar amount, but I'm going to stick with history... I'm half way to my target

Smart move = liquidate your bts now and buy back at 10 million. Don't be a pig and double your shares.

This forum is a pig pen when bts even rises slightly... and they continue to get slaughtered

283
General Discussion / Re: Bitshares price discussion
« on: March 14, 2016, 07:45:20 pm »
Total shit price action... BTS has no "stickiness" to the upside, only to the downside.  All it does is spike and get dumped on by whales.  Only way to make money long is to watch the charts and pray you are around when there is the 1 day pump.

284
It looks like MT4 is free to download for iOS and for Android. Definitely worth integrating with DEX, if possible.

MT4 works through a licensing approach.  It's not paid for on a "per trader" basis.  Usually a broker buys a license in which he can have a certain amount of traders trade on.  I believe there are "unlimited trader" licenses as well.  The broker foots the bill for the platform, but makes money back as traders use him as their broker.

Cost of the license would be around 100k i'm guessing.  There are other cheaper and better alternatives, but MT4 is the most popular.

The biggest issue is that we need to have order types that match standard forex order types... Limits, stops, market, etc

285

Real platforms have interactive charts, script editors, more than 4 indicators and so much more.... Polo has none of that.

All this stuff does not appear from the air. It takes full time labour of dozens or even hundreds of developers to create a professional trading platform. This is not feasible for a small open source project.

I agree it would be dumb for us to do all this from scratch.  But there are several platforms out there, my preference being MT4, that already have everything we need to be viewed as a professional exchange.  All we need to do is incorporate our system with theirs.  This is feasible for a small open source project.

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