I propose to rename bitassets to crabshitcoins, then report OP to SEC for yet another attempt at market manipulation.   

https://github.com/bitshares/bsips/pull/249

Re-add BSIP-83: Decouple BitAssets from Platform Governance Process #249
 Open   pmconrad wants to merge 1 commit into bitshares:master from pmconrad:bsip83

https://www.sec.gov/news/press-release/2020-89

Press Release
SEC Awards Over $27 Million to Whistleblower
Amounts Awarded to Whistleblowers by SEC Now Exceed $400 Million
FOR IMMEDIATE RELEASE
2020-89

Washington D.C., April 16, 2020 —
The Securities and Exchange Commission today announced an award of more than $27 million to a whistleblower who alerted the agency to misconduct occurring, in part, overseas.  After providing the tip to the Commission, the whistleblower provided critical investigative leads that advanced the investigation and saved significant Commission resources.

“This award marks several milestones for the program,” said Jane Norberg, Chief of the SEC’s Office of the Whistleblower.  “This is the largest whistleblower award announced by the Commission this year, and the sixth largest award overall since the inception of the program.  This award also brings the total amount awarded to whistleblowers by the SEC over the $400 million mark.” 

The SEC has awarded approximately $425 million to 79 individuals since issuing its first award in 2012. All payments are made out of an investor protection fund established by Congress that is financed entirely through monetary sanctions paid to the SEC by securities law violators. No money has been taken or withheld from harmed investors to pay whistleblower awards. Whistleblowers may be eligible for an award when they voluntarily provide the SEC with original, timely, and credible information that leads to a successful enforcement action. Whistleblower awards can range from 10 percent to 30 percent of the money collected when the monetary sanctions exceed $1 million.

As set forth in the Dodd-Frank Act, the SEC protects the confidentiality of whistleblowers and does not disclose information that could reveal a whistleblower’s identity.

For more information about the whistleblower program and how to report a tip, visit www.sec.gov/whistleblower.

simple solution:

BALLOTS:

chain offers ballots
ballots cost one bts per ballot

ballots are not transferable and non returnable; effectively proof of bts burn.

STAKE:

bts must be stake locked to vote

user specifies days of lock, machine counts down

user may add (but not take away) funds or duration to the countdown clock at any time.

during stake lock bts is non transfer / trade

POWER:

voting power = min(bts locked, ballots owned) * days of stake locked bts remaining





COLLATERAL:

add to that any bts held as collateral cannot be locked for voting.

PROXY:

add to that that proxy decays linearly over 365 days and requires user to vote stake lock their bts against owned ballots for proxy to have power.

RESULT:

Now you want to vote? first you burn a bts to buy a ballot.  It is difficult with custodial funds.
and you want to vote you stake lock on countdown timer. This is also difficult with custodial funds
and if you want to proxy your voting power you are held to same standard.
collateral bullshits occurring are patched 
legally bts is still a required "utility voting token" to fill ballots owned, purchased only with bts

now you want to gamble with the switches in bitshares voting box you have "bts futures" and "burnt bts" on the line, not just proof of momentary wealth. interests in promoting the bts core token price in the future are aligned with votes

you want to be an owner?  buy in and act like an owner.

problem solved


ps move everything to likert scales

pps split ballot burn to 1/3 "null burn account" 1/3 "reserve pool" 1/3 "dividend split among ballot holders"

if you are too stupid to understand what is shorting attack/ death spiral, I don't know how to explain to you.

What made bitshares have ANY value from the beginning was the notion of decentralized oracle market pegged assets that could be traded on a decentralized exchange platform.  THAT was the niche value proposition.   Your bullshit has poisoned the decentralized oracle well and killed market pegged assets and HENCE bitshares has no value because it is no longer a place where you can trust the value of the witness supported decentralized smart coins.   

No trustworthy decentralized oracle = 
Witnesses are not trustworthy =
No unique niche value proposition =
Bitshares is a shitcoin in a sea of other shitcoins =

DEATH SPIRAL


and there is not a bsip or baip in the world related to protecting your long lost debt position from fictitious "shorting attacks" that will EVER save it.  Not a price feed moving average, not a settlement fee, not a pegging the price to the core token, not MSSR = 1, not MCR = 1; all you do is devalue the core token further.

You are a loser.  Your debt is worthless.   You've killed a blockchain that talented developers have spent close to a decade building. 

You and everything you stand for is a disgrace, fraud, and scam. 
Anyone with a half bit of sense knows it.

Expect from this day forward anything you post in the English speaking world will be responded to with this quote:

CHINA http://www.csrc.gov.cn/pub/csrc_en/about/contact/
USA https://www.sec.gov/tcr
EU https://www.esma.europa.eu/whistleblowers-corner

If you report bitcrab to SEC
you may be eligible for up to 10%
of any money recovered as a reward!

Eventually, someone will grow fed up with you enough to deal with .gov and you can finally enjoy your concrete box, orange jumpsuit, and daily serving of pickle ends and reconstituted potatoes... that you so clearly crave. 

Until then... please do everyone a favor and go lick a used N95.

in the last 3 days BTS experienced the first rapid downtrend after the implementation of BAIP2, and the case provide a chance to review what BAIP2 bring to us.

The purpose of BORROWING a smartcoin from the chain is to SELL IT SHORT.

If you choose to horde it instead,  then you DESERVE to get margin called.

Quit hording debt and this is no longer an issue.


You PERSONALLY and all of your bullshit BSIPS and BAIPS related to making margin call impossible are what have ruined the architecture of the smartcoin ecosystem.

I generally support the new UI worker and the team behind it, however I do have one concern:

Something I would like to see, in addition to the offering, is added budget for 6 month commitment - beyond the contract period - for a single developer to perform code review ONLY on community submitted PR's.  This would be only for continuity's sake; in the event that there is another lapse in full "UI dev team" funding.   

Those with control of the github repo generally slow down and do nothing unless they are being funded; which is understandable as they are not paid.  However, that inaction drags down any ability for pro bono work to continue.   Then since there is no pro bono work... we must fund the new "dev team" ...or get nothing.   That negative feedback loop is frustrating and invokes a sense of conflict of interest.

It is untenable to have a buggy UI representing Bitshares with pull requests open by the public in the time lapsing between funding efforts.

I support this worker, but I also support a "no lapse community code review" addendum.

Binance CEX
BTC:USDT
https://cryptowat.ch/markets/binance/btc/usdt/4h


BitShares DEX
HONEST.BTC:HONEST.USD MPA
https://staging.bitshares.org/#/market/HONEST.BTC_HONEST.USD


BitShares DEX
bitBTC:bitUSD
https://staging.bitshares.org/#/market/BTC_USD


all charts are 4h candles FEB 1st to present

bitUSD plutocracy
Maximum short squeeze ratio         1010
Force settlement delay              24h
Force settlement offset             1%
Max force settle vol                0.5%
HONEST.USD noocracy
Maximum short squeeze ratio         1250
Force settlement delay              4h
Force settlement offset             0%
Max force settle vol                100%
@Dan to discuss changes to core required to enact noocratic governance catch me on telegram @litepresence

This proposal is ridiculous.

YES.  OMG we agree on something bitasset related!   Mark the day on the calendar!   Festival next year!

...but I'm not sure which is more ridiculous:

increasing from ridiculous 2 to ridiculous 5

or

having the ridiculous notion of "force settlement offset" at all



*perplexed*