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46
General Discussion / feed price should expired over 1 hour
« on: December 04, 2015, 11:32:19 am »
now we have 17 witness, about 11 witness published price at 0.02, but the mdedian price is still 0.0216,
because there are almost 13 wintess don't update price over 1 hour
some of them are voted out, so they can't publish price any more
so you'd better use the price published in 1 hour, or exclude the unactive witness's price
Code: [Select]

SETTLEMENT PRICE – CNY/BTS CER – CNY/BTS MCR MSSR PUBLISHER PUBLISHED
0.02298447 0.02553871 175% 109% delegate-clayop 1 minute ago
0.0216 0.02273684 175% 110% wackou 3 minutes ago
0.02231583 0.02209533 175% 100.1% delegate.baozi 12 minutes ago
0.02191138 0.02306465 175% 110% delegate.ihashfury 16 minutes ago
0.022 0.02315789 175% 110% mr.agsexplorer 23 minutes ago
0.02311899 0.0243358 175% 110% bitcube 24 minutes ago
0.022 0.02315789 175% 110% datasecuritynode 34 minutes ago
0.02298819 0.02419817 175% 110% spartako 39 minutes ago
0.02313387 0.0243546 175% 110% in.abit 1 hour ago
0.022 0.02315789 175% 110% harvey-xts 1 hour ago
0.02309527 0.02431086 175% 110% bhuz 1 hour ago
0.0223 0.02347368 175% 110% rnglab 1 hour ago
0.02145233 0.02258149 175% 110% xeldal 2 hours ago
0.02309677 0.02431246 175% 110% mindphlux.witness 2 hours ago
0.0209 0.022 175% 110% delegate-1.lafona 8 hours ago
0.0209 0.022 175% 110% bue 8 hours ago
0.0207955 0.02189061 175% 110% delegate.taolje 8 hours ago
0.02090001 0.02200069 175% 110% spectral 9 hours ago
0.02100204 0.02210759 175% 110% maqifrnswa 9 hours ago
0.02024 0.02130526 175% 110% verbaltech2 9 hours ago
0.02079986 0.02189469 175% 110% dele-puppy 11 hours ago
0.02006944 0.02112576 175% 110% fox 13 hours ago
0.02098738 0.02209231 175% 110% roadscape 15 hours ago
0.02050003 0.02157905 175% 110% cyrano 15 hours ago
0.02089508 0.02199482 175% 110% triox-delegate 16 hours ago

47
General Discussion / so disappoint for this community
« on: December 02, 2015, 11:53:20 pm »
I ask witness to change SQP from 1500 to 1100,
all people object at the first, then several witness agree with me, but they all change back to 1500 only because of BM said 1500 is right
finally when we change it back to 1100, many user have lost their money

I ask community pause force settlement to avoid a possible unfair robbing
almost all people object me, they say I do it for Chinese commilitee, they focus on who's fault but not the problem itself,
they said this is not a problem because it's always there from the beginning.
we are lucky the committee have agree this proposal, although many seems not happy for this
people think I'm overthought, but do I? trader is not kids's game, do you really want do a serial business based this toy system?

I ask correct the settlement's volume limit from 20% to 2%
many people unsatisified me again,  and other people nobody can make sure if I am right, they just want to wait BM's advice.
no any Judgement again.
I ask committee correct it before reenable settlement,
but they said they must keep their promise to reenable force settlement, even don't care about if this is a security problem.
because user's security is not their responsibility to consider

after all these, I got disapoint only
I will continue my noise, just vote me out if I am not satisfied you.

48
Stakeholder Proposals / witness, please add 2% for settlement price
« on: December 02, 2015, 01:23:31 pm »
we just know, settlement price is not mean the real price, it's the price when somebody ask for a force settlement.
a shorter's collatereal will be forced sell at this price what ever if he have enough collatereal.
it's hurt the short very much. so I ask  a 2% compensate for the shorters.
the rule should guarentee two thing:
1. if I want to buy bitCNY, I can buy it at price 1.0 + premium
2. if I want to sell bitCNY, I can sell it at price 1.0 - premium
and the premium should not too small, my suggest is more than 2%
then market maker will give a better offer, with more small premium
then we can buy/sell bitCNY at price 1.0 with small premium from the free wallet market.

force settlement is a way to guarentee you can sell bitCNY at a floor price, so I think the price should set to  * (1.0 - premium) CNY/bitCNY
when the price of BTS is 0.02 CNY/BTS, witness should set settlement price to 0.02 / (1.0 - premium)

on the other hand, force settlement will hurt shorters, because this force them sell BTS even when they have enough collatereal.
so we should  not encourage people use this, we can set the premium to 2% or more,  as compensate for the one be settled.

for all witness, if you approve my point, you can change the parameter at xeroc's price scripts
set discount to 1.02
to avoid add aditional fee for bitCNY,  you should change core_exchange_factor to 1.02 too
and set SQP more than 1020

and I want to tell again, let witness just input feed price, which is the real price from exchange
let commitee adust SQP, settlement price

49
as a traditional market shorter, when the bitCNY price is rise, I have two choise:
1. add collatereal to avoid margin call, and wait the price down.
2. quit short position imediately, avoid more lose.

but as a BTS wallet shorter, when the bitCNY price is rise, you have no choise, just wait to being rob:
1. you want to add collatereal to avoid margin call, sorry, I can ask force settlement for you.  don't say others can be settlement first than you,
     here we analize all shorter's risk, and what ever how high your collatereal is, you can't make sure you are run away from be settlement.
2. you want to quit short position, sorry, I  don't want to sell my bitCNY to you. don't say others can sell bitCNY to you. if I holder 100 bitCNY,
     there are always 100 bitCNY short position can't run away.

there are such an aditional risk for BTS wallet shorters, any aditional profit? sorry, I don't want to tell you about these now!
so, if you are not foolish, don't short at the BTS wallet.

50
General Discussion / do you remember the period without expired limit?
« on: November 30, 2015, 02:02:39 am »
at the beginning,
the short orders don't have limit with expired,
everybody are full of confidence for BTS,
how much offset at the wallet order book?
I remember it's only about 3%.
how much offset do you think if we get rid of the settlement logic?

51
Technical Support / settlement is the best method to maniuplate the market
« on: November 30, 2015, 12:05:00 am »
the key is a bitCNY holder can buy any volume at the same price.
imagine bitCNY can peg at rate 1:1 now
1. somebody collect 200K bitCNY first
2. ask for settlement
3. after about 22 hours, before the settlement be executed, he sell 200K CNY at BTC38, maniuplate the price down
4. waitting the settlement execute

if exchange like BTC38 do this, it's more easy.
shorters will found, they always be sold at a low price
it's not because they are unlucky, it's because the stupid rule.
this will loop again and again, until all bitCNY short position be settlement and no more stupid shorter continue the game.

52
General Discussion / my plan to adjust SQP
« on: November 24, 2015, 01:12:45 am »
currently all asset's SQP is 1100, which means force margin call wil buy debt  at  price 1.1*feedprice
I saw in some markets like:BTC/BTS USD/BTS, people want to buy back at price x1.1, but the asset holders still don't want to sell.
so I will decrease the SQP for USD&BTC, 1100 -> 1090 -> 1080 -> 1070 -> 1060 -> 1050 -> 1040 -> 1030
to keep the value of MPA, I will not set it less than 1030.

in the other hand, when asset hoders want to sell asset less than feed price, but no one buy back, I will increase the SQP, but not more than 1100.

53
Technical Support / showcalllimit is not defined at web wallet 1119
« on: November 24, 2015, 12:17:17 am »
can't visit market BTC/BTS when ther are  force margin call order
Code: [Select]
Account
Explore
Trade
Transfer
Help
ReferenceError: showCallLimit is not defined
Exchange._parseMarket
webpack:///./app/components/Exchange/Exchange.jsx?:839:32
Exchange.proxiedMethod
webpack:///./~/react-proxy/modules/createPrototypeProxy.js?:44:30
Exchange.render
webpack:///./app/components/Exchange/Exchange.jsx?:996:38
Exchange.proxiedMethod
webpack:///./~/react-proxy/modules/createPrototypeProxy.js?:44:30
Exchange.tryRender
webpack:///./~/react-transform-catch-errors/lib/index.js?:36:31
ReactCompositeComponentMixin._renderValidatedComponentWithoutOwnerOrContext
webpack:///template_of_390_referencing_?:789:34
ReactCompositeComponentMixin._renderValidatedComponent
webpack:///template_of_390_referencing_?:816:14
wrapper
webpack:///./~/react/lib/ReactPerf.js?:70:21
ReactCompositeComponentMixin._updateRenderedComponent
webpack:///template_of_390_referencing_?:746:36
ReactCompositeComponentMixin._performComponentUpdate
webpack:///template_of_390_referencing_?:726:10

54
Stakeholder Proposals / commitee: baozi
« on: November 17, 2015, 07:13:11 am »
I now step up as a candidate for commitee member, as the communictity need to play more active role in decision making.

Proposal

-lower fees and make the fee structure more reasonable.

-make bitshares more decentralized, increase the community participation on decision making.

As I am a witness too, I shall refrain from voting on any matters relating to witnesses eg witness pay.  This would avoid a conflict of interests.  I am serving this role temporary until the community deems it is no longer necessary.

Please vote for committee member baozi.

55
Technical Support / falling in love with the wallet
« on: November 13, 2015, 12:05:51 pm »
every time I use the web wallet, I love it more. it's so beautiful, and so quickly.
thanks bytemaster, svk and other developer
I believe some things are changing now, be patient, wait for the moment.

56
Technical Support / what's the version for node and npm?
« on: November 12, 2015, 04:34:15 am »
I upgrade my ubuntu 1404 today, and the graphene-ui can't run now.
what version for node and npm are recommand?

57
Technical Support / how to use websocket subscribe?
« on: November 02, 2015, 06:11:19 am »
I try to subscribe a useraccount's transaction, but when I run set_subscribe_callback,
I receive too many data every 3 seconds, these data is not I want to receive.  how can I avoid these?

Code: [Select]
$ wscat -c ws://127.0.0.1:8090                                                                   
connected (press CTRL+C to quit)
> {"id":1,"method":"call","params":[1,"login",["",""]]}
< {"id":1,"result":true}
> {"id":2,"method":"call","params":[1,"database",[]]}
< {"id":2,"result":2}
> {"id":3,"method":"call","params":[2,"set_subscribe_callback",[200,true]]}
< {"id":3,"result":null}
< {"method":"notice","params":[200,[[{"id":"2.12.0","current_shuffled_witnesses":["1.6.24","1.6.32","1.6.20","1.6.16","1.6.29","1.6.49","1.6.37","1.6.14","1.6.45","1.6.23
","1.6.13","1.6.28","1.6.26","1.6.12","1.6.15","1.6.22","1.6.21","1.6.18","1.6.34","1.6.35","1.6.25","1.6.42","1.6.40","1.6.43","1.6.17","1.6.19","1.6.46","1.6.44","1.6.30","1.6.38","1.6.27"]},{"id":"2.4.32","feeds":[["1.2.277",["2015-10-14T21:36:18",{"settlement_price":{"base":{"amount":3065,"asset_id":"1.3.524"},"quote":{"amount":"1
0000000000","asset_id":"1.3.0"}},"maintenance_collateral_ratio":1750,"maximum_short_squeeze_ratio":1500,"core_exchange_rate":{"base":{"amount":3065,"asset_id":"1.3.524"
},"quote":{"amount":"10500000000","asset_id":"1.3.0"}}}]]],"current_feed":{"settlement_price":{"base":{"amount":0,"asset_id":"1.3.0"},"quote":{"amount":0,"asset_id":"1.
3.0"}},"maintenance_collateral_ratio":1750,"maximum_short_squeeze_ratio":1500,"core_exchange_rate":{"base":{"amount":0,"asset_id":"1.3.0"},"quote":{"amount":0,"asset_id
":"1.3.0"}}},"current_feed_publication_time":"2015-11-02T06:04:54","options":{"feed_lifetime_sec":86400,"minimum_feeds":7,"force_settlement_delay_sec":86400,"force_sett
lem ..............
..................

58
General Discussion / we should focus on simple business
« on: October 17, 2015, 10:43:08 am »
look at the price, even less than dogcoin. our target is too great, even can't understand by the world. no real user at these two years.
I think we can focus on simple business, such as trade.BTC exchange, fiat gateway, DACX
people can accept these more easy. and it can be a big business.

when we can get much real user, we can begin smart asset. It will be more easy with a lot of active user.

59
Technical Support / too expensive for the transfer fee
« on: October 14, 2015, 01:15:26 am »
BTS is a new system for the world.
we need more users
but now we spent such a high fee
from 0.1BTS -> 20 BTS
can't understand

for version 2.0, we need enough test for the stable.
users need to test with small fund
but  20 BTS fee stop them

60
General Discussion / advice for bts wallet traders
« on: October 12, 2015, 09:18:17 am »

we can borrow BitUSD from wallet, but don't use these funds to buy BTS or bitBTC.
we can sell it for fiat USD, or other smart asset with low risk, such as bitGold, bigCNY, bitEUR ....
we should use these funds to support gateway, support liquility.
if too much people borrow BitUSD to buy BTS, it will  hurt the peg, just like now.

people who without short position can buy BTS with bitUSD.
or you can prepare enough fiat USD as reserve for your short position.

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