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Messages - islandking

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16
General Discussion / Re: DEX Arbitrage to increase liquidity
« on: January 20, 2015, 04:58:50 pm »
500 more blocks till hardfork

500 blocks until a BTS price drop.... :D

17
What are you contributing? Wallpaper backgrounds? I am really confused :D

18
General Discussion / Re: Paycoin lolz
« on: January 20, 2015, 02:37:20 pm »
They seem to be creating more supply to make the marketcap look better.

19
General Discussion / Re: Anouncement Concerning BTS Vesting
« on: January 20, 2015, 02:23:00 pm »
I thougth there is an incentive to not unvest Balances as soon as possible in a way that you get less BTS per PTS/AGS/Whatever the earlier you unvest? I remember this metric evenly increasing so unvesting after 2 months of 48 would leave with less than 5%(?) of the possible maximum number of vested balance which should make it highly unlikely that we see a big dump now. (and more likely that we get a lot of dissappointed comments and scam accusations once again  :-X).

However this is only my educated guess and what I remember, I would also look forward to some clearing up from smbdy with real insigth.... should have been in some newsletter too?


Regards

Toast said yesterday that there is no penalty.

20
General Discussion / Re: Anouncement Concerning BTS Vesting
« on: January 20, 2015, 02:11:48 pm »
Because the vesting period started in November and they are just being unlocked now.

Well let's see...I believe the vesting period began on 11/5/14, right? Two and a half months. And the vesting is for a period of 2 years...which means approx. 52,083,333 of the 500,000,000 new BTS will be unlocked at once.

Thanks for the heads up mate. I thought it would start as off today.

Anyway, yeah, we might see a little dump today then. But after we should be getting back on track.
Can anyone from the dev team confirm vesting started in November?

No problem. I am personally just sitting on bitCNY and bitUSD right now. There is way to much uncertainty in general. Bitcoin looks like it is struggling to stay afloat.

21
General Discussion / Re: Anouncement Concerning BTS Vesting
« on: January 20, 2015, 01:51:50 pm »
Because the vesting period started in November and they are just being unlocked now.

Well let's see...I believe the vesting period began on 11/5/14, right? Two and a half months. And the vesting is for a period of 2 years...which means approx. 52,083,333 of the 500,000,000 new BTS will be unlocked at once.

22
General Discussion / Re: Anouncement Concerning BTS Vesting
« on: January 20, 2015, 01:42:50 pm »
Get ready for the massive sell off.

Are you guys serious?

Even if everybody that has a vesting balance, would sell of their part everyday.
That would be 685.000 BTS sell pressure, sure this would hurt the price a little bit.

But do you really think everyone is going to sell off their vesting balances?

I would be surprised if it was more than 10% of that.
Unfortunately there is no way to measure this.

52,000,000 BTS is unlocked today. Even if 10% of that is dumped that is still 5.8 million BTS on 1 day. Going forward the vesting balances are going to put downward pressure on BTS.

23
General Discussion / Re: Anouncement Concerning BTS Vesting
« on: January 20, 2015, 01:24:41 pm »
Get ready for the massive sell off.

24
Either 0.5 or 0.5.1

Which one is more stable?

v0.5.1 is simply a GUI update, other than that they're the same.

Is the 0.5.1 a mandatory update?

25
General Discussion / Re: Referral Program Starting Today
« on: January 20, 2015, 12:33:36 am »
If you want it to be successful offer people 10% on tge downline meaning if they refer someone and that person ( the 2nd person ) refers a person you get 10%.  2 level referral program

While I like the idea of a referral program, a lot of people might think we are a Ponzi scheme if we use multiple tiers. It's a straw man argument but it could make Bitshares look like a scam.

26
General Discussion / Re: Low trading volume on bitUSD
« on: January 19, 2015, 09:09:42 pm »
I would wait for 2 -3 days since kind of afraid tomorrow's huge amounts of bts released on a single day......

What are you talking about?

Vested balance.

Oh right. Do you think we could see a dump tomorrow?

27
General Discussion / Re: Low trading volume on bitUSD
« on: January 19, 2015, 08:43:01 pm »
I would wait for 2 -3 days since kind of afraid tomorrow's huge amounts of bts released on a single day......

What are you talking about?

29
General Discussion / Yield on assets in the orderbook?
« on: January 19, 2015, 07:13:55 pm »
What happens to the yield when an asset is tied up in an order?

30
General Discussion / Low trading volume on bitUSD
« on: January 19, 2015, 06:57:22 pm »
There is no trading volume on bitUSD today. Lets get some volume going!

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