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Topics - speedy

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46
General Discussion / Idea: Every other exchange has a trollbox
« on: March 17, 2015, 10:22:09 pm »
If you go to bter or btc-e or cryptsy, the thing they all have is a trollbox.

This is why wallet.bitshares.org should have one:

-They allow new users to help each other with the basics.
-They give the impression of activity.
-They are fun and make people want to stick around when they are not trading.

We have a great website that almost looks just like a regular crypto exchange, except it has no trollbox.

Back when we used to do mumbles, Bytemaster was asking for ways to make BitShares fun. I think this is it :)

47
General Discussion / Poll: List BitBTC:BitUSD as a Featured Market
« on: March 17, 2015, 10:16:14 am »
I posted this buried in another thread but it deserves its own thread IMHO. Sorry if this is boring but I just get so frustrated with the price and I see this as a way to keep people using our blockchain.

Can we make the BitBTC:BitUSD market one of the featured markets? It doesnt matter if it has low-volume right now, people need to know about it before they will use it. BitShares is after all supposed to be a way to trade Bitcoin without counterparty risk, and people overwhelmingly want to do that with the cost basis in dollars, not in BTS.

Our competitors are thinking about how to write a contract for it: https://forum.ethereum.org/discussion/1435/anyone-interesting-in-options-futures-cfd-market-contract We already have this market setup but for some reason we are not advertising it. Our implementation with the supporting wallet website will of course be better than some random ethereum script.

We need to publicize this market everywhere: https://wallet.bitshares.org/#/market/BitBTC:BitUSD/Guest/buy
Add to that the upcoming bond-market, and the BitBTC:BitUSD market will be impossible for traders to ignore BitShares because its so useful.

The change is a one-liner (I tested it locally):
Code: [Select]
$scope.featured_markets.push "BitUSD:#{main_asset.symbol}"
$scope.featured_markets.push "BitCNY:#{main_asset.symbol}"
...
$scope.featured_markets.push "BitBTC:BitUSD"

48
I just did my first BTC -> BitBTC trade via metaexchange (which went brilliantly btw), but there seems to be this issue with the client that wallet_account_balance wont update until I restart the client.

I also noticed the same thing when I made the a trade and then cancelled it (all via the api). wallet_account_balance would not show my returned balance until I restarted the client.

Is this a known issue, and are there any other api call to refresh balances?

49
General Discussion / When can we do escrow from inside the wallet?
« on: March 01, 2015, 12:19:35 pm »
I have some £ and I want to buy BitShares with it. Buying via BTC sucks because it adds a spread to the cost.

Is there a schedule for when we can do an escrow from inside the wallet? Bytemaster talked about this in a mumble a while back.

50
General Discussion / BTS gateway for altcoins?
« on: February 06, 2015, 07:18:31 pm »
Would we like to see a gateway site that takes deposits of altcoins (Bitcoin, Dogecoin etc) and issues UIAs to trade on the blockchain (i.e. a BTS gateway version of Cryptsy)? Or do we only want to see a gateway for fiat currency?

51
General Discussion / Will gateways actually catch on?
« on: January 30, 2015, 01:27:09 am »
With a traditional crypto exchange, you only need to worry about them getting hacked making them unable able to cover their deposits. With a gateway, you have to worry about them getting hacked, and when they issue you an IOU on the blockchain for your deposits, you have to worry about getting hacked yourself and losing that as well.

Assuming that an exchange is secure, its trading website would be much easier to use and more secure than downloading specialist wallet software to trade yourself on a blockchain. The only advantage gateways have is that you can quickly trade the IOUs for market pegged assets to free yourself of counterparty risk, but first weve got an uphill battle to convince people that works.

Will gateways actually become popular and be a preferred option?

52
General Discussion / Why is there still no BitUSD:BitBTC liquidity?
« on: January 26, 2015, 10:46:09 pm »
Is everyone here just interested in the price of BTS->USD and no one cares about BTC?

Or is it a chicken and egg situation and people will start doing cross-asset trading as soon as someone else does it first?

Either way, Im tired of seeing zero volume on what should be one of BitShares' flagship markets, and I want to run a MM bot right now.

Toast, is your bot that you wrote (and I think open sourced) suitable for this? Can I run it?

53
General Discussion / Add margin trading to BTS
« on: January 26, 2015, 07:26:21 pm »
I was reading Bitfinex's explanation of margin trading:
https://www.bitfinex.com/pages/howitworks

And its totally doable inside a blockchain. Owners of BitBTC or BitUSD can lend it out as liquidity providers to traders, who borrow those funds to trade on the internal exchange with margin. Liquidity providing is a great low-risk income stream if you prefer not to trade.

Bitfinex's unique feature of margin trading is probably why its the number 1 biggest Bitcoin exchange right now. Its a killer feature. Add it to the BitShares blockchain with all the extra security benefits that brings, wait for their inevitable Goxing and its moontime for BTS, as long as we have a nice lightweight client by then.

54
General Discussion / Convincing a Bitcoin exchange to add BitShares
« on: January 24, 2015, 09:47:40 pm »
I met the head of a UK Bitcoin exchange today and I started talking about how BitShares is something of long term value, because its a profitable business model implemented on a blockchain that will eventually reward its shareholders with dividends instead of inflation etc etc. He said long term value is a must-have for him to consider adding it.

I think I made a good case today, and he's a really cool guy so Im about to write an email to propose helping out with becoming a gateway, but I was just wondering first:

-Is issuing a gateway IOU inside BTS as profitable for an exchange as just charging the usual 1% fee on every trade made internally?
-Would it be an easier sell to just ask them to trade BTS on their own exchange first? Then they can charge more fees.
-I was thinking of sending a link to this BTS TV episode: https://www.youtube.com/watch?v=TtCVRIwcBYU Good idea?

Feel free to suggest any other links.

55
General Discussion / Interesting talk from the Nakamoto Institute guys
« on: December 30, 2014, 02:28:18 pm »
http://cointelegraph.com/news/113214/the-nakamoto-institutes-first-podcast-rebuts-buterins-defense-of-competing-cryptocurrencies

In their criticism of Ethereum, The "nakamoto institute" guys made an interesting point: stocks pay dividends and bonds pay interest, which is why those things are worth holding. A currency doesnt pay either so its only worth holding if you know its network effect will increase its value, therefore all other crypto-currencies are snake oil (according to them).

Bitshares being a crypto-equity gets the economics right, and someday soon we will reach a point where payed delegates are no longer needed and dividends start coming in. Then according to their own arguments on competing crypto-currencies, they should be in full support of BitShares.

57
General Discussion / Can we get a BitAsset for Safecoin?
« on: December 24, 2014, 12:31:34 pm »
I have been doing some long overdue reading on Maidsafe, and the ability to pay some Safecoins to host large quantities of data on a decentralized Bitcloud is something that I want to be a part of.

For two reasons I think we should have a BitMaidsafe asset:
-I see Maidsafe being a strong competitor to BitShares (just in terms of market cap).
-I dont yet understand how their wallet system works, and I trust BitAssets because I know I can redeem it later 1:1 for Safecoins. This after all is the point of BitShares - store your savings in anything that you want.

Can we create a BitAsset for Safecoin?

On a side note, I think drltc made a proposal a while back that BitAssets get created when delegates agree on the asset description, without the large fee. How's that going?

58
General Discussion / Matt Miller of Bloomberg TV totally gets it
« on: December 17, 2014, 12:36:37 am »
Check out this interview, specifically at 01:55, Matt Miller is practically asking for bitUSD:

http://www.bloomberg.com/video/was-bitcoin-the-worst-investment-of-2014-qqmdKCWRS4u7FdMT_mUbsg.html

Quote
When I first started really getting into Bitcoin I was more excited not about it as a currency that wealthy Westerners could use but as a currency that people in troubled economies like Venezuela or Argentina could use.
...its not very useful to them if it falls steeply in value.

Maybe someone experienced in marketing could reach out to him and explain bitUSD? His reddit account is mattmiller1973

59
General Discussion / BitUSD printed bank notes
« on: November 23, 2014, 04:05:47 pm »
Has anyone thought of making custom printed notes that contain a private key with say 10 BitUSD ?

I would love to be able to print these out and sell them at Bitcoin meetups.

The UK bank notes contain the famous phrase "I promise to pay the bearer on demand the sum of ten pounds.", meaning they used to be redeemable for gold, before central banks went full retard. We could paraphrase that with a real promise: "I promise to pay the bearer $10 worth of BitShares".

The printed note could also include the url for where to download the wallet and redeem your funds.

Ive spoken to an artist friend and Ill see if I can get some mockups, if people here think this is a good idea.

60
General Discussion / Vitalik wins software innovation award
« on: November 19, 2014, 07:21:12 pm »
In my opinion, market pegged assets is a more worthy invention in itself then putting a scripting language on a blockchain, but these guys think otherwise:

http://www.wtn.net/summit-2014/2014-world-technology-awards-winners

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