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Messages - cylonmaker2053

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46
General Discussion / Re: Unclear future, missed opportunities
« on: May 19, 2016, 01:43:52 pm »
https://bitshares.org/roadmap.html  (needs a bit of an update I'd say! It's awesome to see how many of the "not started" things are now actually done)

Thank you @KenMonkey
@Chris4210 Please coordinate the upgrade of that page as well, thank you
 
Also, here are some changes that need to be made:
  • "Bitshares.org website upgrade" - Ongoing by BitShares Munich estimated time Aug 2016
  • "Improve deposit/withdraw UX" - Completed by @svk
  • "Account overview optimization" - Completed by @svk
  • "Dark & Light theme switch" - Completed by @svk
  • "Support for native deployment on mobile devices" - Ongoing by BitShares Munich estimated time Jun 2016
  • "Stealth transfers" - Ongoing by BitShares Munich estimated time Q3 2016
  • "Trollbox for the Exchange" - Ongoing by @svk
  • "Smartcoins POS & BitShares Wallet for Android/iPhone" - (this needs 2 rows)
  • "Smartcoins POS standalone app" - Completed by BitShares Munich
  • "Smartcoins POS for Odoo" - Completed by BitShares Munich
  • "BitShares Wallet for Android/iOS" - Completed by BitShares Munich (https://github.com/kenCode-de/bitshares-wallet)
  • "Smartcoins Wallet for Android (native)" - Ongoing by BitShares Munich estimated time Jun 2016
  • "Deployment of market-making bots "LiqBot" on the internal exchange" - Completed/Ongoing by BitShares Munich Apr 2016 (https://steemit.com/bitshares/@linouxis9/liqbot-0)
  • "Recurring & Scheduled Payments" - Soon to be started by BitShares Munich

 +5% +5% +5%

47
CALLING ALL LIQUIDITY PROVIDERS, FRIENDS OF BITSHARES, AND SPECULATORS WHO WANT TO TAKE ADVANTAGE OF SPECTACULAR SPREADS:

Our silver market is getting crushed and we're running out of sell-side liquidity on the order book. I've been borrowing and selling silver to try to keep the order book liquid for the last couple weeks into yet another BTS crash, and quite frankly i'm getting tapped out. I've just borrowed and put up for sale maybe my last block of silver until the market improves, which has narrowed spreads a bunch, but I don't have enough BTS collateral capacity to keep it up.

Anyone else interested in keeping the market going? Silver is one of the more extreme cases lately, but the same goes for the others. We need more sell-side liquidity providers.

48
General Discussion / Re: Unclear future, missed opportunities
« on: April 26, 2016, 07:29:14 pm »
we really just need a big boom in market cap and more money sloshing around our exchanges. we'll get there. i trade on the DEX daily to provide liquidity and i love it. i see it as a matter of time before we start getting some bigger money investors into the project. the big market downturns in BTS sure do suck, though...

49
General Discussion / Re: Why is so much CNY being dumped below feed?
« on: April 19, 2016, 01:39:30 pm »
There is a 24k CNY settlement waiting ..
Either the Chinese are super bullish of BTS, or someone with a lot of CNY would like to exit through a more liquid market e.g. BTS ..
If we are lucky .. someone will sell his BTS into market :)

maybe some "insiders" were leaving before the announcment.

what announcement?

50
General Discussion / WASHINGTON and FRANKLIN assets?
« on: April 18, 2016, 01:07:43 pm »
I just had some of these graciously dropped into my account (VERY MUCH APPRECIATED!), but can someone tell me more about them?

51
from a trading perspective, Bitshares is awesome and has come a long way. As recently as a month ago I had chronic issues placing orders and executing trades. After a little bit of bitching, all the issues were resolved and now I'm just having fun in my own little trading world. I still recommend continual improvement to the trading experience.

52
General Discussion / Re: Why is so much CNY being dumped below feed?
« on: April 16, 2016, 05:11:27 pm »
There is a 24k CNY settlement waiting ..
Either the Chinese are super bullish of BTS, or someone with a lot of CNY would like to exit through a more liquid market e.g. BTS ..
If we are lucky .. someone will sell his BTS into market :)

yeah it's interesting, that big dump is over. i ended up buying below feed and taking on the 24 hour price exposure to settle.


53
General Discussion / Why is so much CNY being dumped below feed?
« on: April 14, 2016, 01:07:38 pm »
I've been buying and settling CNY the last few days whenever I see a big order pop up below feed. To me this is an indication that supply exceeds demand at the moment. Anyone actively trading this market have a better explanation?

54
General Discussion / Re: Subsidizing Market Liquidity
« on: March 24, 2016, 01:01:38 am »
@tbone @cylonmaker2053 currently the scoring bonus is linear: 100% bonus @ the midpoint, and 0% bonus at 5% off. This could be scaled to a wider range, and we could also use a curve instead of a line (creating a "long tail") for the bonus.

yes, wider margin (like 20%+) would be the most important change. linear is fine as long as the margin is wider, but curved with weights trailing off towards the tails would be best.

55
looks like the new version still isn't uploaded.  You can fix it pretty easily though.  In the upper right hand corner there is an option "gear looking icon" just to the left of the help button.  Click that gear.  You will see a line called faucet address and you will see http://bitshares.openledger.info listed there.  Change that line to https://bitshares.openledger.info and you should be able to create an account.  You just need to change the http:// to https://

If that doesn't work then let me know and we will try to figure out what is going on.

hey @puppies i just wanted to say i finally got around to using your API on OL and it is, by far, the best. many thanks for offering that service!

Thanks dude.  I am glad it is working out for you.  I can't dev, (outside of writing really simple python scripts) and I work too much at my day job to be too much of a help with much of anything else.  I am glad that my efforts are proving valuable for the community.  This type of feedback motivates me to continue providing this service and to see which other services I am capable of providing.

very cool, i wish i had your skillz with doing something like that. my contribution is on the trading side for now, keep our markets alive. what you're doing is immensely helpful to me and i'm sure others who have regular issues with the other API connections.

56
looks like the new version still isn't uploaded.  You can fix it pretty easily though.  In the upper right hand corner there is an option "gear looking icon" just to the left of the help button.  Click that gear.  You will see a line called faucet address and you will see http://bitshares.openledger.info listed there.  Change that line to https://bitshares.openledger.info and you should be able to create an account.  You just need to change the http:// to https://

If that doesn't work then let me know and we will try to figure out what is going on.

hey @puppies i just wanted to say i finally got around to using your API on OL and it is, by far, the best. many thanks for offering that service!

57
General Discussion / Re: Subsidizing Market Liquidity
« on: March 23, 2016, 02:13:30 am »
@cylonmaker2053 20% seems a bit high if we're trying to maintain a tight peg, no? For other markets it might make sense but imho for *stable* coins it should be a tight band.

true, i'd just like to see a tight range based on our markets functioning property with plenty of natural liquidity, not based purely on subsidies. i like the idea of a weighted subsidy based on distance from bid/ask midpoint, but extending at least 20% deep into the order book, maybe even further, just having the rewards diminishing with distance.

any way we cut it is fine since this should be a measured experiment and we can learn from what works and doesn't.

58
General Discussion / Re: Subsidizing Market Liquidity
« on: March 23, 2016, 02:08:50 am »
I think it's beneficial to have a deep order book, especially if black swans are a risk.  So we could reward orders deeper in the book, just not nearly as much.  For example, perhaps x reward within 2% of the peg.  Then maybe 1/5x between 2 and 5%.  And then maybe 1/20x between 5 and 20%, or something along those lines.  This way we encourage both a tight peg and a deep order book.   

yes, some weighting scheme by distance to bid/ask midpiont would be a good idea to try out. i agree with the value of a deep order book, but "deep" order book is very relative for us since USD 1,000 or so equivalent for any of the assets is enough to eat through most of the order books. also note that it only takes something like a 20%-30% move in BTS to "break" most of our markets, which is hardly a black swan; that kind of rapid shift in settlement price churns through most open orders pretty fast, especially for those of us trying to keep these markets liquid without bots. wide margins should be part of this scheme to make it useful.

59
General Discussion / Re: Marketing plan for Bitshares 2.1
« on: March 22, 2016, 02:23:11 am »
Here's some tri-fold flyers and business cards you can use if you like (they might need to be updated a bit though):
https://bitsharestalk.org/index.php?topic=15840.0

 +5%

60
If I settle, do I Settle at feed price or at prices at the dex´s order book?

I have been buying well below the feed price for a while lol

my understanding is that you settle at the feed price (aka the settlement price), which means that if you purchase anywhere below that you can lock in a guaranteed profit by settling. Settlement takes 24 hours, though; I'm not exactly sure if the settlement price you lock in is exactly what it is when your transaction hits the blockchain, or the settlement price 24 hours when it closes? @JonnyBitcoin do you know?
The price when it closes.

thanks, i meant to follow up confirming that as well after my settlements closed. it is, indeed, the price at settlement close, not when initiated.

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