Interesting.  I think you have the reason wrong though.  Shorters would not compete with each other to offer lower prices because the lower the price the more likely they are to lose money, and the less money they stand to gain.  Instead, I think tying minimum prices to the feed must be to prevent shorters from intentionally forcing the price down in order to cause a panic.

I think there's a multitude of reasons to short lower & lower:
-Manipulate the market (the reason you just cited)
-Being more competitive
-Lack of availability of any bids at the fair price

I remember the first time I looked at the market I wanted to short lower because nobody was buying BitUSD until way down (reason 3)

Even Coindesk editors dont have a clue: http://www.coindesk.com/two-words-explain-price-movements-bitcoin/

No mention of mining expenses at all.

This is about how after lots of debating on r/bitcoin, Ive concluded there are better things to spend one's time on.

They just come up with so many excuses for why paying for mining is totally fine, and that the price will still go up despite the huge costs of securing the network. Its infuriating.

Ive come to the conclusion that some Bitcoin die hards are masochists - they enjoy feeling the pain of losing money.

Either that or its become like a cult where you can't question anything. Many cults have pointless rituals like mining.

The only thing that will convince them is seeing the inevitably large market cap that will come when dividends + BitAssets really takes off.

/rant

Quote from: bytemaster on September 22, 2014, 11:03:01 pm

Voters elect delegates that upgrade as they wish.

How consolidated are btsx shares at this point?

I remember the idea of a btsx rich list was tossed around but with TITIAN I would imagine it might be difficult. I would be curious to see how much everyone's votes really matter in comparison with the large holders.

Why dont you start a poll asking how many BTSX people have.

I was perusing r/bitcoin and this advert was amusing to me:



Turns out coinapult has a centralized competitor to BTSX. I sure would love to see what Eric Voorhes thinks of BTSX.

Check it out: https://coinapult.com/locks/info?pk_campaign=Reddit&pk_kwd=Locks

I especially like this quote:

Locks is a tool that provides the price stability of familiar assets, while utilizing the efficiency of the bitcoin network

It should read something like: "...utilizing the efficiency of a centralized counterparty whose co-founder has already been sued by the US government" 

Can I pick a side half way through a game to support?

Then can I choose later to vote on the opposite side's move either because I have decided that side is more likely to win so Im switching my support, or Im trying to sabotage that side?

This sounds like it could be a lot of fun to play, as well as quite profitable as a DAC.

I just need a cheap piece of crap but would prefer it to be brand new, never opened. I'm moving all BTSX to a dedicated linux laptop. This will be my first linux experience btw!

I bought a cheap atom netbook for linux a few years ago, and it was a horrible experience. My advice is to treat yourself to a semi decent laptop. Especially because the BTSX wallet is quite heavy.

If its your first linux experience, linux mint mate edition is pretty easy to setup. Or you could install Ubuntu and have all your keystrokes sent to amazon.

They aren't the fancy new ones with candles

Are you also only seeing the candlestick charts in the 0.4.15 version? I reverted back to get them.

Also Im trying to find where the web_wallet source code the highcharts library is referenced, but I cant see it