It has been more than an hour, and the feed price is still lower than any other CEX（DEX）.Except for a few witnesses, no witness is qualified.

I only just woke up and saw this....

I actually made this post in witness channel BEFORE I saw this topic:

Alex M - clockwork, [14.05.19 09:24]
adjusted price feed sources again.

Alex M - clockwork, [14.05.19 09:25]
too much fake vol exchanges combined with tether arbitrage were dragging my feed down


Also...I didn't refuse to make price for CNY...I just didn't like your attitude on downturns. If you had noticed, I adjusted sources then and my feed was higher than median until last night.



As you can see, most of the time (except for a few hrs overnight where the sudden appearance of fake low price vol is obvious) my feed is above median

but I guess you guys only see what you want to see.

only got round to accessing my feed script today just now.

My feed was actually the highest just now without changing anything a few hours later...I know we all wish BTS never moved down but guess what...it does....are we gonna have this discussion and people calling hard-working witnesses names EVERY time BTS moves down? Let me know so I can be prepared. It's crypto...it's volatile...it goes up and and it goes down. I don't like it either but it happens.

Still... I disabled the outlier CoinEgg component of the feed as it seems untrustworthy. Feed now 4% above median

Quote from: Digital Lucifer on May 02, 2019, 07:29:15 am

Quote from: ioex.henry on April 27, 2019, 10:41:09 am

Quote from: pc on April 27, 2019, 07:57:59 am

To increase your chances

* you should prove your technical competence by running a testnet witness before you try mainnet
* you should have a backup server running in hot standby
* you should run a public API node as well
* your feed price should accurately represent the fair value of BTS against the underlying asset

Trying to buy votes is frowned upon by many and will most likely lead to the big voters *not* voting for you.

Thank you for your kind advice.
* I have a witness node cit-ioex on Citshares（https://www.citshares.org/explorer/witnesses），you can see it as a test network.
* I will consider to set a backup server , and I have the ability ， I've done it before .
* Now the API node have not yet open to public , now is for private use .
* My feed price will accurate , and i allow a little higher than CNY or USD ， but i don't allow the feed price lower than , lower feed price is a tool to hurt investors in some sense.
 
And i want to say this is not buying votes . Being a witness is a money-making thing now, of course, it can be used as a company operation to dividend shareholders. And my money is paid after earning it，that is the key point.

You came here to advertise fork and ask for a witness ?
Your reply to "setup testnet witness on BitShares network" is "look at my witness on a fork of it" ?
You are asking people to "share dividends" as a witness a.k.a. buying votes ?

If someone doesn't cleanup this thread within 24 hours from other admins, I'll revisit.

And reply to all your posts in this thread is just one big NO, THANK YOU.

TESTNET AND FORKNET HAVE ANY TECHNICAL DIFFERENCES ?
You have your point of view, I have my point of view.
I do not care .

Don't know if there are technical differences between the two. However a testnet witness and a testnets witness run period is commonly required to ensure that the witness operator can keep up with the updates and processes required to run a mainnet witness.

So in that sense, running a testnet witness to follow bitshares' core scheduled upgrades and maintenance releases as well as help test new features is VASTLY different than a fork witness.

Also, 200CNY (~30 USD) seems exceptionally low for a witness node. Let alone 2 of them (backup)

Finally, personally (obviously this is subjective)  I will never support a dividend paying witness as I believe this aspect of DPoS has hurt every other DPoS chain and I'm glad we hadn't seen it here so far.

Its a big mistake to change MCR in a downtrend.It will have zero impact because of bad timing.
Instead we could use it in a real uptrend with clear singals to push BTS and make external traders join that push to pump it back up.
In a downtrend you won't see much of an effect.....you even risk getting quicker near gs....... losing again its pegg and reputation.

Patience is a virtue

After a quick look at the calls this morning after a 5% drop, agree with Thul3 too.

In THEORY, it would be helpful, but in practice NOONE is being sensible about their CR so will only make things worse. Contemplating removing votes.

Quote from: clockwork on April 13, 2019, 09:19:12 am

Here...take your pick....




I'm getting tired of this.

We can't simply publish high prices because it suits some people.

same goes for low prices.

that's why I suggest to feed price based on DEX price and bitCNY premium/discount.

who know where there is an CEX has a price of 0.399? if there is, just arbitrage between it and DEX.

i believe that's coinegg IIRC

Quote from: clockwork on April 12, 2019, 08:55:40 am

Quote from: sahkan on April 12, 2019, 08:10:09 am

I think you meant to say that you "unvoted" us. Seems to me that  everyone is within the specified 4%. Also I am one of the few (if not the only one) that uses paid price feeds so my feeds report changes a bit faster than the rest of the network.

mine are paid too fwiw

paid price feeds does not mean good price feeds.

it's not difficult to know what is the exact BTS price at a moment without rapid price change.

when I do below screenshoting, DEX price is of 0.4266, bitCNY has a premium of about 1.8%, BTS price should be about 0.434CNY.
at huobi BTS has a price of 0.0629 USDT and in OTC market 1USDT = 6.92CNY, so BTS price should be 0.435CNY.
but both paid price feeds gave price 1%+ lower than the market price.

you do realise the prices we publish  are not random right?

I could cherry pick a combination of exchange routes from USD -> BTS or CNY -> BTS that result in even lower price or even higher than the ones you mention.

Thats why we take all of them into account.

I think you meant to say that you "unvoted" us. Seems to me that  everyone is within the specified 4%. Also I am one of the few (if not the only one) that uses paid price feeds so my feeds report changes a bit faster than the rest of the network.

mine are paid too fwiw

fwiw, i dont use USDT pairs anywhere in my feeding