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Messages - karnal

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76
@xeroc @svk, so I tested by creating a new wallet with a random 5000 char password, entering the password initially at the wallet creation screen goes as expected, but the moment I try to unlock the wallet and paste the giant password, same symptoms as before.

This leads me to believe it is a recently introduced bug. Can you guys reproduce?

77
General Discussion / Re: Liquidity, Liquidity, Liquidity
« on: April 03, 2017, 05:51:01 pm »
We seem to be in this liquidity stalemate for at least a year now. It still does not appear possible to buy a robust quantity of say USD, to say nothing of GOLD or SILVER, without outrageous premiums - if that.

To reiterate, what is the current consensus on why this is so ?

78
General Discussion / Re: Trading Stocks in Bitshares DEX
« on: April 03, 2017, 05:48:32 pm »
Yes, I have always thought that the basic ETFs (SP500, NASDAQ, NYSE, etc) should be available in Bitshares .. I'm willing to write some articles on this alternative way to get in on ETF investing.

One concern is, are there legit real-time price feeds for these? iirc most/all that was available some time ago was delayed by 10 or 15 mins .. could be wrong.

79
General Discussion / Re: Some questions re Bit20
« on: April 03, 2017, 05:45:48 pm »
Quote from: yvv
The primary market is bit20 vs collateral asset, which is BTS. We need liquidity for this pair in order for MPA procedure to work.

ELI5 on why BTS was chosen instead of USD?

Also, regarding the no settlement price on USD / CNY / BTC / etc, surely this is not related? I'm not too familiar / have forgotten some of the fundamentals, must the witnesses who provide the BTWTY price feed also provide for USD / CNY / BTC / etc, or can the engine internally perform the conversions ?

Either way, wouldn't it be a good idea to have the price feed for a few more other than BTS?

Quote from: yvv
Those who seek for profit from price volatility are welcomed to short it.

Realistically speaking though, since for now and likely for a long time to come, mostly only crypto enthusiasts appear to use the stuff, how likely is it that enough people will be betting that not one, not two, not five, not even ten, but the twenty top cryptos will devalue enough to bother shorting it?

(I'm genuinely curious)

Quote from: yvv
Quote from: karnal
- Related to the above, and assuming one is in the camp that believes bit20 is headed for an extragalactic moon, why isn't everyone shorting USD and using it to buy BTWTY?

Because it is illiquid at present state.

USD you mean?

80
General Discussion / Re: Some questions re Bit20
« on: April 03, 2017, 05:40:21 pm »
Any thoughts on how to clear that silly 0.04 debt also welcomed .. i sold to some lucky souls slightly above the price feed, thinking that would erase the debt (yeah, no) .. as far as I can see there's only two options, buying more or shorting more.. the next order is 50%+ away from the settlement price and shorting more seems like an awful idea :)

To pay your debt you need BTWTY.

Yeah that's what I realized after the fact, now the only choices appear to be piling debt on top of debt or buying at an absurd price.

Well done karnalius!

81
General Discussion / Re: Trading Stocks in Bitshares DEX
« on: April 03, 2017, 02:33:19 pm »
I wouldn't say that a MPA fits for STOCK .. much nicer would be if companies were listed directly on BitShares :)

How would that look like?
Erm .. a user-issued asset that is managed by the company itself in compliance with local and international regulations.

Ok, that's what I thought.

Yeah, it has crossed my mind :)

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This is the light client, @xeroc.

Perhaps relevant is the fact that the password is 4000+ characters - but it wasn't an issue until upgrading to the latest version.

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General Discussion / Re: Interactive Charts and Graphs
« on: April 03, 2017, 12:25:25 pm »
Good stuff +5%

84
General Discussion / Re: Trading Stocks in Bitshares DEX
« on: April 03, 2017, 12:21:17 pm »
I wouldn't say that a MPA fits for STOCK .. much nicer would be if companies were listed directly on BitShares :)

How would that look like?

85
General Discussion / Re: Some questions re Bit20
« on: April 03, 2017, 12:19:08 pm »
Any thoughts on how to clear that silly 0.04 debt also welcomed .. i sold to some lucky souls slightly above the price feed, thinking that would erase the debt (yeah, no) .. as far as I can see there's only two options, buying more or shorting more.. the next order is 50%+ away from the settlement price and shorting more seems like an awful idea :)

86
Something dramatic appears to have changed in recent versions (my previous software version was from a few months ago), I use a randomly generated password for the wallet, and now when pasting it into the UI, when attempting to unlock the wallet, the program freezes for 1-2 minutes, while cpu% goes through the roof.

Eventually it will paste, and unlocking will work. But it was not like this in previous versions.

Any idea why, @svk @xeroc ?

This is the GNU/Linux (latest) version of the wallet, btw.

87
Just a friendly reminder that we're all in the same team.

88
General Discussion / Some questions re Bit20
« on: April 03, 2017, 12:09:46 pm »
Stoked to see that Bit20 is now (for awhile) available on the DEX.

Yesterday I was reading more about it and poking around, and here are my observations.. your comment is welcomed.

- There is no vertical "Settlement Price" on any BTWTY market I bothered to check, except for :BTS ..  seeing as BTS is itself part of the basket, would it not make more sense for the primary (more advertised) markets to be USD and CNY ? And either way, the price feed should work for all of them.

- The concept is cool, but here's something I've been having trouble understanding: Who in their right mind would short BITWY into existence? (well, I did, and now owe 0.04 due to a fundamental misunderstanding of the dex mechanics)

- Related to the above, and assuming one is in the camp that believes bit20 is headed for an extragalactic moon, why isn't everyone shorting USD and using it to buy BTWTY?


And small suggestion to whom it may concern, there is a valid TLS certificate at bittwenty.com, but by default the browser isn't instructed to use the secure version. Easy fix, such privacy.

89
General Discussion / Re: Ah so you're not so bullish on bts anymore?
« on: March 29, 2017, 11:35:38 am »
A bigger source of value is smartcoins.
You need BTS to issue them.
Demand for smartcoins should result in demand for BTS.

Something tells me that when private transactions finally arrive, sprinkled with some good marketing / raising awareness from us, will result in much higher demand for smartcoins.

All other crypto-communities would benefit from storing profits in bitUSD and other smartcoins.

90
I'd like to write some articles on steemit about all of this and how financial privacy matters, but I don't want people to come and check Bitshares out only to realize that confidentiality is still a year away.

Hey, nice to see you here.
Is there any chance that we can read summary of your survey? YES/NO
Still have that in mind. I realize that participation was probably to low but some of us answered bunch of questions.

I can probably dig up the results if people find it relevant enough.

Participation was <100.

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