as shown below, some top whales has big amount of BTS and 0 debt.

I just wonder what kind of thoughts lead to this? do they all hold the policy that "buy while cheap and sell while expensive, do not borrow"?

bitUSD is still in big shortage and has a 2%+ premium, it will be good for more stake holder to borrow bitUSD and release(via buying BTS or others) to the market, right?

in the past, it seems the  "buy while cheap and sell while expensive, do not borrow" policy behaved well, "shorts and buy back" policy behaved even better, right?

we have done a lot change to make the rules more friendly to longs, help the system to resist shorting attack.

Target CR, MSSR reduction.

I hope these changes will make "borrow and buy" policy better than the "0 debt" policy.

if when bitUSD is in such a big shortage and high premium but only few users want to borrow bitUSD and release to the market, it's hard to say the changes succeed.

Quote from: binggo on June 06, 2019, 08:18:22 am

喂价稍微高那么一两个点，影响不是很大，但是低上一两个点，带来的就是内盘的腥风血雨与充值费的大幅飙升，变相阻挡了资金的进入。

这句话非常赞同！

而且适当高一些，能够像适度保持通胀刺激经济的效果

不能这么说。

bitCNY的MSSR已经降到1.01，高两个点的话，就意味着爆仓单卖价比市场价还高，不利于风险消除，增加黑天鹅防护的概率。

当然，喂价低危害更大。首先需要解决的是喂价偏低问题。

median does not mean correct.

the median of a mess is also a mess.

it's not difficult for one user to find what a value is correct at a moment. only when every witness' feed price is good enough the median can be a dependable value.

As the poll worker proposals 1.14.192, 1.14.194, and 1.14.196 have been voted active and got more support than the "do not change" worker proposals, some parameter changes will be made:

Global Settlement Protection will be applied to bitEUR.
MCR of bitEUR will be reduced to 1.6.
MSSR of bitEUR will be reduced to 1.02.

These changes will happen after  UTC 00:00 4th, June, 2019.

Every witness is requested to update the feeding script to apply the 3 change items as mentioned above, please do the job after UTC 00:00 4th, June, 2019 and finish before UTC 00:00 6th, June, 2019.

For more information about the poll for this change, please check https://bitsharestalk.org/index.php?topic=28465.0

USD/BTS price is 0.0658, while CNY/BTS price is 0.464,
means bitCNY/bitUSD rate is 7.05, while the fiat rate of CNY/USD is 6.9

I will unvote those witness who give feed price under 0.0658 if can't get a reasonable explain.

possible for you to pick up the witness job again?
I am so tired in complaining what the current witnesses have done.

定价权逐步回归内盘是必须的，BTS自己发行的稳定币，自己深度良好的内盘交易对，不作为数据源，却依赖外盘作为数据源。这是不可接受的。

技术上的问题需要解决，是见证人的义务。

如果觉得见证人付出太多，收入太低，可以提案增加见证人奖励，也不是没干过嘛。

Up to now bitEUR has poor liquidity.

I don't know whether bitEUR can grow up, but I believe we need to give bitEUR a chance, while both bitCNY and bitUSD have experienced changes on parameters, bitEUR also need similar change, otherwise bitEUR will have no chance to compete with bitCNY and bitUSD.

The first poll is on Global Settlement Protection implementation on bitEUR, reference Doc: https://github.com/bitshares/bsips/blob/master/bsip-0058.md

1.14.192   Poll-BSIP58-Apply GS Protection on bitEUR
   
1.14.193   Poll-BSIP58-Do Not Apply GS Protection on bitEUR

The second poll is on reducing MCR of bitEUR to 1.6, reference Doc:https://github.com/bitshares/bsips/blob/master/bsip-0059.md

1.14.194   Poll - BSIP59 - Reduce MCR of bitEUR to 1.6

1.14.195   Poll - BSIP59 - Do Not Reduce MCR of bitEUR

The third poll is on reducing MSSR of bitEUR to 1.02:

1.14.196   Poll - BSIP59 - Reduce MSSR of bitEUR to 1.02

1.14.197   Poll - BSIP59 - Do Not Reduce MSSR of bitEUR


Approvement on  "1.14.192 Poll-BSIP58-Apply GS Protection on bitEUR" is the precondition for the other 2 changes to be allowed.

Please vote according to your opinion.