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Messages - R

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541
General Discussion / Re: SMARTASSETS SCAMS
« on: August 22, 2018, 10:34:21 am »
Akledirs should be unbanned from the main channel now.

I'm not into the telegram thing. Could someone ask to unblock Akledirs there? Maybe provide a link to this thread as a reference. Thanks!
Sorry, I should have phrased my previous post better - Akledirs has been unbanned from the main Bitshares telegram channel, his post was mistaken for spam by a channel admin (telegram has a horrible spam problem).

542
General Discussion / Re: SMARTASSETS SCAMS
« on: August 21, 2018, 06:36:52 pm »
(For this information and recommendation sold other MPA from derivatives-dex I was banned from Telegram-group bitsharesDEX)

They probably have some kind of rule not to mention specific assets to prevent spam.

Akledirs should be unbanned from the main channel now.

543
General Discussion / Re: SMARTASSETS SCAMS
« on: August 21, 2018, 05:34:12 pm »
#29806541 blackswan baiducom - collateral price (36 bts)

I cannot find this operation on cryptofresh nor the web wallet block explorer page.

That said, the nasdaq feed price op did infact drop by like 2000 - that's absurdly volatile..

544
General Discussion / Re: SMARTASSETS SCAMS
« on: August 21, 2018, 02:59:00 pm »
Another problem is how to engage witnesses or committee members in publishing prices. What if an asset owner is not a witness and all witnesses stop publishing price. In such case the asset becomes frozen.

Getting price feeds for private MPA from witnesses is difficult, I've found that even with multi price feed script coverage that some witnesses don't publish price feeds for Hz. I've managed to get approx 12 feeds, but 20+ would be preferable..

Another unobvious moment - the right of access to a change in the market commission - you can still establish it at 99%.

Haha! You mean making the market fee like 100%? What a wonderful idea! I'll add it to the main post.

https://github.com/bitshares/bitshares-ui/issues/1369 There's UI changes coming which will at least notify users if this high a market fee is implemented.

545
Changed all the images today for improved distribution & image quality: https://whaleshares.io/bitshares/@customminer/check-out-the-recent-blockchain-activity-google-assistant-agent-image-updates

Don't wait any longer, give Blockchain Activity a try! :D

546
General Discussion / Re: SMARTASSETS SCAMS
« on: August 20, 2018, 07:26:06 pm »
you could transfer ownership of the MPA to null

So null is like noone's account? It looks like a regular bts user.
Sending anything to null is the same as burning/destroying the item - by transfering asset ownership to null you destroy the owner permissions/keys & nobody else is in control of any of the MPA settings from that point onwards.

547
General Discussion / Re: SMARTASSETS SCAMS
« on: August 20, 2018, 03:06:06 pm »
The Hz MPA has disabled several of the flags which remain active on the committee owned smartcoins - such as the "Issuer may transfer asset back to himself": http://cryptofresh.com/a/HERTZ I wish more MPAs were to follow suit in the future.

I do agree that you need to trust the asset owner to not remove the feed producers and cause global settlement, however I disagree that only the committee should be trusted because you could create a similar multi-party ownership of a private MPA with a group of community trusted entities or more drastically you could transfer ownership of the MPA to null which would finalize all settings permanently & prove full decentralization.

548
Did u make blocktivity?
No, I source the statistics for the 'Blockchain Activity' Google Assistant agent from blocktivity.info with the admin's permission on Telegram.

Check out the output of the blocktivity scraping script:
https://btsapi.grcnode.co.uk/current_blocktivity?api_key=123abc
https://github.com/BTS-CM/Bitshares-HUG-REST-API/blob/master/hug_script.py#L1135

549
I've made several updates recently which are awaiting Google's approval for public use, hopefully it'll draw more users in towards the blockchain activity reports.

I'll look to add "Where to spend" similar to "Where to trade", do we have a business directory for places which accept BTS?

Edit: New post: https://whaleshares.io/bitshares/@customminer/blockchain-activity-google-assistant-agent-updates

550
General Discussion / Re: Consider derailing feed price
« on: August 18, 2018, 11:42:44 am »
The Hz ABA oscillates 14% which produces predictable peak/trough phases - the effect of these peak/troughs on the market activity/behaviour could be observed for the relevant price feed premium effect you're talking about.

Initially the amplitude was set to 50%, reduced to 33% then finally set to 14% due to concerns of undesirable volatility/velocity, however there's been low market activity thus far - 14% may not be enough. There's been times where I've shorted the peak of Hz, only for BTS to change 30% the next day wiping out my upcoming benefits of shorting Hz (28% debt reduction), perhaps instead it'd be more attractive to account for the 30d BTS:USD (or BTS:CNY in your case) price volatility (via an ES query) to create a varying amplitude which may be more attractive (however I don't think you'd want a -+50% oscillation, right?)..

Would you consider applying a small oscillation to the price feed of the MPA in question? You could then create a second identical MPA with a 180' phase offset to mirror the oscillation of the primary MPA (or even 3 with 120' phase offset from one another).

If you're talking about MSSR & MCR values set in price feeds, then I've always just copied what the committee have configured & I'm unsure of the benefits/drawbacks of changing these values - it probably should be configured by the asset owner instead of the price feed publishers though, no? Plus these fields need better explanations om the docs like scenarios where it'd be configured high or low & effects that'd have on the MPA's operation.

551
The short term and quickest solution is already presented here, since it requires no blockchain update (change fees, collected fees used to create bitassets).

I would also agree to incentivize the creation of BitAssets, but I think in long-term it should be mostly user driven. Thus I could think of an additional feature when creating a margin position that allows dividends of some sort.

When the user creates a margin position, he can choose his collateral ratio. If the ratio is above some ratio, lets call it incentivize collateral ratio ICR, then additional features becomes visible:
User can lock his position for timespan X, where locking means:
  • the position can not be closed
  • the positions borrowed amount of bitAssets amount can not be reduced, only increased
  • the positions collateral can not be reduced below ICR, only increased
  • position becomes unlocked if ratio is less then the unlock incentivize collateral ratio UICR (set by commitee)
If position becomes locked, then the positions collateral in BTS receives Y% from the reserve pool (or some commitee account, eventually filled by fees?) every month the position is locked, where the Y% is only with reference to amount of BTS necessary to achieve ICR. Value Y% depends on the choice X of the user.

For example: ICR is 3.
  • User opens position to create 1000 bitUSD backed by 50000 BTS (assume 10 BTS/bitUSD price).
    The collateral ratio of this position is then 5, which is higher than ICR, and user chooses to lock for one month.
  • Bitshares says now he will get 0.1% paid every month for all BTS required to achieve ICR.
    To achieve ICR, he would need only 30000 BTS, so the incentive is 30000 * 0.1% = 30.
  • The positions collateral will be increased by 30 BTS taken from reserve pool every month. After the two months,
    the position unlocks itself automatically (but is  not closed) and the user has now 50060 BTS as collateral.

This approach would certainly need development on back- and frontend, but could be very interesting for hodlers.

BSIP 19 (https://github.com/bitshares/bsips/blob/master/bsip-0019.md) is highly related, however I disagree with only rewarding shorters - both shorters and asset holders aught to have a portion of market fees redistributed to them.

How would the reward be balanced between the shorter and holder though?

Holders aught to benefit from the 'coinage' of their held MPA, whilst the shorter aught to benefit from a higher collateral ratio.

Eligibility for fee redistribution should only trigger once the borrowed asset has been included in a fill order (perhaps only the backing asset to keep it simple?) so that we have cryptographic proof that it is publicly liquid instead of simply borrowed and transferred to a secondary account owned by the shorter. It would still be possible for someone to put up a huge sell/buy wall and sell/buy to themselves but by doing so they offer the public (bots included) the opportunity to eat into that public market liquidity, it could also boost the trading volume considerably.

I want to see the BTSX marketing of "x% on anything" come back - it was one of the major selling points for me that the broken FIAT banking sector offer 1% but I could get 5%+ on the blockchain - very powerful!

552
I really like the idea of a price-feed only key, it would make running many price feed scripts on VPS far more secure!

553
Stakeholder Proposals / Re: [Worker Proposal] Bitshares UI Renewal
« on: August 16, 2018, 01:26:54 pm »
Probably referring to e.g.

https://github.com/bitshares/bitshares-ui/issues/1529

https://github.com/bitshares/bitshares-ui/issues/1570

https://github.com/bitshares/bitshares-ui/issues/1634

The insult happened, could not find it now. It was more than simple discussion though.

You cant find it because worker manager/repository manager can delete, hide or even alter/edit comments.

It would actually appear to be here: https://github.com/bitshares/bitshares-ui/issues/1529#issuecomment-398521094 (one of the quoted hyperlinks)

Not deleted. fake news === fake drama.

554


I previously wrote about adding Blocktivity functionality to the Bitshares HUG REST API (https://steemit.com/bitshares/@cm-steem/new-blocktivity-bitshares-hug-functionality). Armed with this new functionality, I created a Google Assistant agent to provide this information through a conversational interface to potentially billions of users worldwide.

The agent has now been published by Google & available on all devices which have google assistant support (not the lite version yet, nor watches, sorry). Check out Blockchain Activity on the Google Assistant agent directory. https://assistant.google.com/services/a/uid/0000003e08d8dba9

Try it out by simply saying "Ok Google, talk to blockchain activity" to a google assistant supported device.

Have any questions? Reply below!

Regards,
CM.

555
MSSR punishes shorters upon force settlement yeah? Why not increase it for failing to collateralize their shorts?

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