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Messages - DestBest

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16
General Discussion / Re: Your opinion about BitShares
« on: April 17, 2017, 08:21:30 pm »
Thanks guys for helping me by filling my survey!! I will post the results of my research (end may/early june). The survey is still open for entries!! I hope I can get more responses. Is there any other platform where BitShares users are active on?
On the Telegram and Mumble.
https://t.me/BitSharesDEX

17
General Discussion / Re: Video: BitShares Short Selling Explained
« on: April 17, 2017, 08:13:50 pm »
Awesome  +5%

18
General Discussion / Re: Your opinion about BitShares
« on: April 17, 2017, 05:57:04 am »
Done  +5%
Good luck !

19
Welcome !
Following your updates to this post

20
General Discussion / Re: locked 84M BTS
« on: March 13, 2017, 11:05:04 am »
Well done man, way to go +5%

21
Stakeholder Proposals / Re: Yield
« on: March 03, 2017, 01:18:01 pm »
I hear that there is some type of stake delegated proof of stake or some interest or yield ???
And how can i use that stake system
Delegated Proof Of Stake - DPOS is the consensus mechanism behind Bitshares.
It means that you can vote (delegate) with your BTS tokens (stake) on witnesses (block producers).
If a witness receives enough votes, she will receive a salary in exchange for her block producing services (through dilution).
There is no yield anymore on Smartcoins like there was during Bitshares 0.x but you can earn a profit with them like with any other financial asset, buy high/sell low or sell high/buy low.

22
My bet:
Margin long getting called by a dumping whale that aims to suppress the price in order to accumulate more shares at a lower price

23
Stakeholder Proposals / Re: [Worker Proposal] Advertisement at 8btc
« on: February 14, 2017, 07:24:25 pm »
Some times none of those servers in the list work for me. May be I am just unlucky?
There is always one working for me, I just have to hit retry from time to time.

24
Done
Great initiative as always  +5%

25
Stakeholder Proposals / Re: [Worker Proposal] Advertisement at 8btc
« on: February 11, 2017, 08:20:31 pm »
Seems like a good idea.

Proposed default / DEX "Homepage"
I agree with your proposal, @svk might want to hear about it.

how are you measuring success? what metrics can you catch?

@fav seriously man? The guy offers to cover half of the cost with his own funds, he asks for 252,000 bts for 1 month and you ask about metrics?
I think the question is legit from a proxy knowing that we have a strong anti-dilution community and that we wasted some funding in the past.
The answer might help this worker to get more votes

26
Great initiative, thank you !  +5%
Awesome intro btw
I think you should join our next Bitshares hangout, it starts 1 hour before the beyondbitcoin hangout (every friday) on the same mumble server.
I think Chris mentioned asking Chronos to create promotional material (text) which would be later used to create promotional videos.

27
3. Exclude BTS TX Fees from the referral program
fees are no incentive in my opinion. premium features are.
+5%
+ Make TX free (rate limited) it will give one more bullet to marketers

28
General Discussion / Re: Brainstorm - Bit20 MSSR / margin call
« on: January 16, 2017, 07:27:05 pm »
Little update: I was able to borrow  BTWTY with real min collateral ratio. SQP  *  MCR  requirement sits at GUI level.
Just edit this line:
https://github.com/cryptonomex/graphene-ui/blob/master/web/app/components/Modal/BorrowModal.jsx#L191
Awesome job!
Thank you for taking the time to test this out +5%

29
General Discussion / Re: Brainstorm - Bit20 MSSR / margin call
« on: January 13, 2017, 12:51:14 am »
//Current situation
The minimum collateral (which is amount of BTS): Feed price * (1.1 *1.75) * DEBT .
Shorter's  ammount of BTS in deposit must be higher than that. Otherwise margin call is triggered for him.
This means If you w'ont trigger any margin calls your (newX  * newY) outcome can't be higher than current (1.1 *1.75). Increasing "1.1" while decreasing "1.75" looks like the only option.  In other hand, MCR can't go to low if market is unstable and illiquid. Something for something, not much place for changes.

Your margin call trigger price:  COLLATERAL  /  DEBT / (1.1 * 1.75)          //not displayed in dialog box, I think it should be.
current margin call order price: 1.1 * Feed price                                      // current yellow order price, if happen
Your margin call order price:  1.1 * Your margin call trigger price               // your yellow order price in the future.

COLLATERAL is  ammount of deposited BTS

You can check those equations by playing with BTWTY Margin  dialog box.
Are you sure that the margin call is not  triggered simply when collateral reach MCR * Price feed ? So currently 175% of the price feed.

Carefull that the documentation has mistakes !

I observed carefully how DestBest get its order margin called and it seems that he had to put a minimum of 192% to borrow its BTWTY but nothing happened until he reached 175% of collateral. Then, passing at 174% he has been margin call.

Could you confirm it @DestBest ?
Those facts come from my margin call experiment:

I confirm that I was still NOT margin called at 176% of collateralization.
Once at 175% I was margin called.
I could not borrow BTWTY with less than 192.5% of collateralization.

30
General Discussion / Re: BLCKCHND
« on: January 12, 2017, 01:23:43 am »
I'm not sure I fully understand your project but I hope this will show you what could be done:

For RSBcoin:
  • Create a multisig account (an account controlled by multiple people), let's call it Macc
  • Macc account creates the RSBcoin
  • Macc sets the market fee for RSBcoin to y% (the part given back to BLCKCHND holders)
  • Macc issues (create and send) RSBcoin to translators AFTER they have received a completed translation ordered by a customer of the guild
  • Translators then sell their RSBcoin to the price they want for they work (market price) in whatever currency they want
  • Once a RSBcoin has been sold, the customer sends them back to Macc account in order to receive the completed translation

For BLCKCHND:
  • Macc account create the BLCKCHND
  • Macc account issues BLCKCHND to a translator every time a work has been done
  • After a certain threshold of fee is reached, Macc account withdraw the accumulated fee from RSBcoin market
  • It then send them back to BLCKCHND holders as a dividend

Note:
With this example, RSBcoin is not tied to any currency nor USD amount  :(
A y% fee will be collected each time a RSBcoin is sold on any market
You need (at least) 3 decimals for the RSBcoin (0,001 RSBcoin = 1 symbol)
You need to set trusted members as owners of the Macc account (= Guild account)

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