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I'll be honest, I don't think stealth features align with the next wave of investors.I do think stealth is needed to take marketcap from the anon cryptos, as to why they would want private trading - they might not want their every trade data mined? It is a public ledger after all..
I firmly believe the first bitcoin run several years ago was driven by people who were on the bleeding edge of tech. I think the wave of people coming into crypto now is the bleeding edge of finance.
I think these people are going to be traders, hedge funds, venture capital, mutual funds.
They are familiar with trading technologies. They are familiar with transactions per second. (things bitshares has) Secret transactions are not critical to them because they don't exist in our current banking world.
Stealth transactions are not important to the future of bitshares.
Why are stealth transactions valuable to the groups listed? traders, hedge funds, venture capital, mutual funds
RE - "disrupting" mumble. My goal in challenging chris4210 was NOT to disrupt the mumble. In fact, it wasn't until 40 minutes into it this discussion occurred. With such an important issue we shouldn't restrict the discussion, and Friday mumble is the perfect venue to make people aware of what is going on. On that note mission accomplished. If that means some topics aren't discussed this week so be it. 1 hour is obviously not enough time to cover everything. I will admit it might have been better had onceupoonatime posted in the beyondbitcoin steemit article that fuzzy publishes each week to officially get on the bbc agenda, but that was addressed in the opening moments when chris / fuzzy asked the audience if other topics should be added to the agenda. So the discussion of stealth was introduced properly and acknowledged as an agenda item that way.
RE - the lack of community interest. I simply don't see many people even willing to ask questions about this mess. @pc in the forum actually said it's not good to make this public. ALL IT TAKES FOR EVIL TO PROSPER IS FOR GOOD MEN TO DO NOTHING. If this were happening to you wouldn't you want the truth to be known? Those wanting to do evil thrive in the darkness of secrecy and it's important to shine a light of truth on them to expose them. How hard can it be to ask a question?Perhaps because it's really negative and none of us were expecting this mess when we originally invested in Blockpay? If I was a developer who had his pay cut because of a quarrel between my bosses I'd be livid; it's disgusting to withhold employees salaries, doing so is a serious warning that something is wrong (perhaps even breaching EU work rights?). If I was Chris I'd be asking others to host the hangout to avoid the public spotlight until this is all sorted out...
Hey,
Can you add support for the RUBLE Smartcoin please?
Thanks
Edit: My favourite market pairs keep getting erased
What's wrong with RUBLE? It looks fine to me.
I'm not sure I understand much of the above correctly, but if traders could make a 1% profit every ~1-4 hours by shorting the asset at the peak, and then buying again at the low, then holding until the peak.Yes, however I'm initially thinking of a large amplitude (50% fluctuation from feed value) and a period of 1 month, effectively 0.138..% every hour not 1% every 4 hours.
A repetitive bot trading the 4 hour profit cycle (6 x 1% profit opportunities per 24 hours), would make 1.01x their initial investment.
Using a bot to trade each of these cycles every day for a month would create a (Initial-Investment * 1.01^(6*31) equals a 600% increase in capital, just from playing the tick-tock game of 1%
This asset needs to track the value of something that the mainstream will want to hold.
There will be lots of shorters wanting to earn the 1% profit 6 times a day.
BitShares-customers who want to buy CNY (?) at volume in a liquid market will not mind paying a 1% "fee" depending on where they are on the HERTZ cycle.
They won't even notice it
There would be lots of liquidity, shorters are guaranteed profits if there are buyers of the token.
High liquidity looks attractive to potential customers, and gets BitShares on the "front page" of crypto-news, because traders will see volume rankings and BitShares will be up there
Is this the kind of thing you're talking about?
formula: 1.05 ** ((date.today() - date(1913, 12, 23)).days / 365.2425) / {quoteSettlement_price}formula: quoteSettlement_price + read_CSV_For_Wave_Value(BlockNumber) import math
import date
quoteSettlement_price = XDR
Time_In_Period = one month duration
amplitude = 0.5
x_value = (remainder of ((date.today() - date(Asset_Genesis_Date_Timestamp))/Time_In_Period) divided by 1.00) // to return 0.xx
feed_price = quoteSettlement_price + (((quoteSettlement_price * amplitude)*(sin((x_value * Time_In_Period)) * ((2*math.pi)/Time_In_Period) ))))
