286
Stakeholder Proposals / Re: [Committee Member] - bitProfessor's proposal to join the bitshares committee
« on: July 29, 2019, 12:15:49 pm »
You got my vote
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287
Stakeholder Proposals / Re: [Worker Proposal] North American BitShares Conference + WCC DEVCON |Updated 7/10
« on: July 26, 2019, 10:08:36 am »
I tried to contact nearly all offical organizers to get an offical statement if the workers funds will be counted as revenue or anything else.
Since i still got no offical answer on that question i will revoke my vote till this is cleared.
Since i still got no offical answer on that question i will revoke my vote till this is cleared.
288
General Discussion / Re: Thoughts on new OMO fund
« on: July 25, 2019, 09:20:58 am »
-Bad time of opening an OMO fund.It was opened at a way to high price in a bearish market for altcoins
-No strict rules
-lack of governance
-low CR (under consensus)
-No risk reduction with falling BTS price
Currently we have the oposite in the market.
Have a look at the charts
Currently BTS like majority of altcoins are in accumulation mode.
BTS is slowly growing against BTC .
There are of course way more big indicators but that would be an extra thread .
What would be also important is to raise CR of the OMO fund with raising BTS prices as the risk of bigger decreasing prices increases
-No strict rules
-lack of governance
-low CR (under consensus)
-No risk reduction with falling BTS price
Currently we have the oposite in the market.
Have a look at the charts
Currently BTS like majority of altcoins are in accumulation mode.
BTS is slowly growing against BTC .
There are of course way more big indicators but that would be an extra thread .
What would be also important is to raise CR of the OMO fund with raising BTS prices as the risk of bigger decreasing prices increases
289
General Discussion / Re: Thoughts on new OMO fund
« on: July 25, 2019, 06:40:09 am »
I haven't seen it.
I only saw the proposal on usdoperator.
Just saw committee bought out debt of the cny operator and is now trying to burn 1 million BTS.
Thats a total waste and i think something like that should be announced by the committee to the community.
At current stage decreasing liquidity and burning BTS makes totaly no sense.
Please give more input about the OMO fund so we can open an OMO worker asap
I only saw the proposal on usdoperator.
Just saw committee bought out debt of the cny operator and is now trying to burn 1 million BTS.
Thats a total waste and i think something like that should be announced by the committee to the community.
At current stage decreasing liquidity and burning BTS makes totaly no sense.
Please give more input about the OMO fund so we can open an OMO worker asap
290
General Discussion / Thoughts on new OMO fund
« on: July 24, 2019, 10:49:04 pm »
I'm planning for a longer time to open a worker for a new OMO fund which would be replacing the old one.
The timing seems to be perfect to open a new OMO fund to support both liquidity and price of Bitshares.
The new OMO Fund should have imo 4 accounts which would be splitted into USD,CNY,EUR,USDT .
Focus should be on bitUSD and bitCNY with bigger focus on bitUSD.
The fourth account for USDT should be funded once the big bad debt from bitUSD disappears.
USDT should be offered 1:1 against bitUSD with a (0.2% growth margin).
By creating a liquid USDT/BitUSD market on DEX we hopefully will support bitshares prices on CEX'es via arbitrage with the strong inhouse demand we have here on DEX(it should also close the current big spreads on other major assets).Price manipulation on CEX would be more difficult and any downtrend on CEX could be decreased with the help of the liquidity on DEX.
BTS prices of 3% above the DEX feed prices (CEX) are happening very often which would support prices on CEX when a liquid bitUSD/USDT market on DEX exist.
The OMO funds should be controlled by 5-6 people where 3/5 authorisation is needed.
Personly i would love to see
bitcrab
Schiessl
Clockwork
Openledger
abit
blockchainlabs
Current unclaimed market fee's should be used to buy BTS mainly from bitshares foundation (over 27 million BTS and increasing) to decrease its sell pressure and to obtain a bigger stake without influencing the bitshares price on DEX to much .
There should be strict rules about maintaining CR's and at which timeframes orders from these accounts can be executed.
Buy or sell orders should be only allowed once a week (if there is no emergency) which static day should be announced so traders can prepare for it.
USDT/bitUSD pair can be placed daily.
Buying margin calls with the OMO Fund will not be allowed till DEX will have enough liquidity which will be decided by the community.
Any thoughts on this ?
The timing seems to be perfect to open a new OMO fund to support both liquidity and price of Bitshares.
The new OMO Fund should have imo 4 accounts which would be splitted into USD,CNY,EUR,USDT .
Focus should be on bitUSD and bitCNY with bigger focus on bitUSD.
The fourth account for USDT should be funded once the big bad debt from bitUSD disappears.
USDT should be offered 1:1 against bitUSD with a (0.2% growth margin).
By creating a liquid USDT/BitUSD market on DEX we hopefully will support bitshares prices on CEX'es via arbitrage with the strong inhouse demand we have here on DEX(it should also close the current big spreads on other major assets).Price manipulation on CEX would be more difficult and any downtrend on CEX could be decreased with the help of the liquidity on DEX.
BTS prices of 3% above the DEX feed prices (CEX) are happening very often which would support prices on CEX when a liquid bitUSD/USDT market on DEX exist.
The OMO funds should be controlled by 5-6 people where 3/5 authorisation is needed.
Personly i would love to see
bitcrab
Schiessl
Clockwork
Openledger
abit
blockchainlabs
Current unclaimed market fee's should be used to buy BTS mainly from bitshares foundation (over 27 million BTS and increasing) to decrease its sell pressure and to obtain a bigger stake without influencing the bitshares price on DEX to much .
There should be strict rules about maintaining CR's and at which timeframes orders from these accounts can be executed.
Buy or sell orders should be only allowed once a week (if there is no emergency) which static day should be announced so traders can prepare for it.
USDT/bitUSD pair can be placed daily.
Buying margin calls with the OMO Fund will not be allowed till DEX will have enough liquidity which will be decided by the community.
Any thoughts on this ?
291
Meta / Re: Spam Bots
« on: July 24, 2019, 05:44:14 pm »
Find a solution against xrumer and it should stop
292
Stakeholder Proposals / Re: [Worker Proposal] 201906 Bitshares Mobile App Proposal
« on: July 23, 2019, 09:49:13 pm »
How much market fee sharing is that app getting on average per day ?
293
General Discussion / How are current worker funds bitcny / bitusd being changed to fiat/major asset ?
« on: July 23, 2019, 08:44:41 pm »
Am asking that question just on the purpose if its possible that because of lack of liquidity on DEX against major assets some workers are forced to sent their BTS funds to CEX'es to sell it against BTC or USDT to be able to collect the needed fiat or major asset for their worker.
Is it possible that this also creates an unwanted sell pressure against BTS we should have a look at.
I guess chinese workers are collecting bitcny and changing it to CNY via magicwallet.
What about the other workers which can't use this CNY fiat gateway solution ?
Is it possible that this also creates an unwanted sell pressure against BTS we should have a look at.
I guess chinese workers are collecting bitcny and changing it to CNY via magicwallet.
What about the other workers which can't use this CNY fiat gateway solution ?
294
中文 (Chinese) / Re: worker 可能是压垮价格的最后一根稻草
« on: July 23, 2019, 08:17:31 pm »
Maybe it's because paid out stablecoins have no other liquid markets than BTS and workers are sending funds/BTS to CEX to sell there for major coins creating at the same time sell pressure ?
295
General Discussion / Re: Options. News and Information
« on: July 20, 2019, 06:22:20 pm »
Would be nice if you could write the strike price correct because you are posting them always wrong
296
General Discussion / BTS volume and price on BitShares Asset Exchange excluded on CMC ?
« on: July 19, 2019, 10:46:24 am »
Somebody maybe knows why the volume and price of BTS of BitShares Asset Exchange have been excluded on CMC ?
297
Stakeholder Proposals / Re: [poll] increase BTS holdings with the accumulated market fee
« on: July 18, 2019, 08:33:15 pm »Quote
Price dropped to 0.27x CNY yesterday. I don't know where is the bottom. Personally I tend to agree with @pc
Somewhere between now and end of july.You will have the confirmation when fed makes the USD interest lower.
Based on a longterm Dominance chart we hit bottom and after hitting bottom there comes a big spike for altcoins.
Its a perfect timing for an OMO fund it just need strict rules.
What effect has buy back when the reserve pool gives more BTS daily out than we ever can buy back.
Entering the OMO fund at bottom means it gets much stronger with raising prices and brings liquidity and price support which is much needed.
There are also some other thoughts like the OMO fund should collect OPEN.USDT to offer a bigger amount anytime against BitUSD and BitCNY to support prices on CEX.We talked a lot about CEXes crashing BTS price even BTS price is very healthy on DEX.It's imo caused because traders can't move funds (Bitassets) from DEX to CEXes without losing much value to uphold the price on CEX.
The only way to currently move bigger amount of funds are sending BTS to CEX and selling it there against USDT or BTC.
Volume of major assets on DEX are very low and the spread high making it currently impossible to support BTS DEX price on CEX.
298
Technical Support / Re: how to withdraw the market fee sharing?
« on: July 18, 2019, 12:03:29 pm »299
Stakeholder Proposals / Re: Proxy: xeroc
« on: July 16, 2019, 03:06:49 pm »
Why this argumentation now and not before when GS Protection have been voted in ?
If something is voted in for months i would thought it will be implemented since i didn't saw any conter argument from witnesses till now.
Also i disagree about bad debt holders behavior.They took debt to push the ecosystem of bitshares.If some people start collecting all stablecoins from that bitassets and keep holding them even in a downtrend what do you want the debt holders to do if there is no USD they could buy in a reasonable price range ?
A few people and workers sucked out majority of USD.
If something is voted in for months i would thought it will be implemented since i didn't saw any conter argument from witnesses till now.
Also i disagree about bad debt holders behavior.They took debt to push the ecosystem of bitshares.If some people start collecting all stablecoins from that bitassets and keep holding them even in a downtrend what do you want the debt holders to do if there is no USD they could buy in a reasonable price range ?
A few people and workers sucked out majority of USD.
300
Stakeholder Proposals / Re: Proxy:B-DEX
« on: July 16, 2019, 12:22:23 pm »
I downvoted early today bitspark as committee when reading the past days his reckless opinion.
We had just an argument that he would let the GS on USD happen and that he thinks we shouldn't defend the bad debt holders as it's their own fault.
I got mad because the GS Protection was voted in to give borrowers a safer feeling of taking debt and also because i don't want to lose a part of the community again.
It seems they give a fuck about community members getting rekt should a GS happen.
They talk random shit but not how to grow the community.
I will open a new Thread about it soon so people can watch themself what kind of argumention they have.
I really feel upset because they give crap about other peoples money and their ignorance and ideology argumentation boils your blood
We had just an argument that he would let the GS on USD happen and that he thinks we shouldn't defend the bad debt holders as it's their own fault.
I got mad because the GS Protection was voted in to give borrowers a safer feeling of taking debt and also because i don't want to lose a part of the community again.
It seems they give a fuck about community members getting rekt should a GS happen.
They talk random shit but not how to grow the community.
I will open a new Thread about it soon so people can watch themself what kind of argumention they have.
I really feel upset because they give crap about other peoples money and their ignorance and ideology argumentation boils your blood
