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Messages - speedy

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General Discussion / Re: Graphene GUI testing and feedback
« on: November 22, 2015, 10:42:18 pm »

General Discussion / Re: Graphene GUI testing and feedback
« on: November 22, 2015, 10:17:08 pm »
Where is the dev console in the webwallet?

General Discussion / Re: Graphene GUI testing and feedback
« on: November 22, 2015, 09:19:39 pm »
That whole page needs to be redone, it completely breaks with the style of the rest of the wallet, and some things are wrong, like the flags/permissions.

We'll get to it eventually..

It would be nice to show the Asset Id & precision in its asset page too. Probably just me who wants this, for writing scripts.

Random Discussion / Re: Will the Federal Reserve Raise Rates in December?
« on: November 21, 2015, 12:43:47 am »
Of course they wont - they just pretend they will raise it will soon to make everyone believe in the dollar.

If they raise interest rates in any meaningful way, the housing market will crash and we will have another recession. A recession means the government would have to borrow even more, and unlike the last recession this time bond yields are almost negative! Insanely low interest rates and QE are needed to keep yields low and borrowing easy. If the fed raising rates causes another recession, they would be embarrassed to have to bring them back down again.

They are stuck with no options except to do nothing and pretend they are in control.

Here is one reason why I am here:

I look at what our central banking masters do: they bring interest rates artificially low so that debt is good and savings are bad. They incentive everyone to go into debt for 25+ years with the allure of home ownership, and the system they set up of new money though loans virtually guarantees that prices go up, so you have no choice but to play their game if you ever want a house. They have convinced everyone that they need to become a slave. And then all the old people are sitting in their £million houses that they bought for peanuts, feeling good that young people who are starting their working lives will be forced to prop up the ponzi scheme by going into debt to get a bike shed, whilst simultaneously paying 50% of their salary in tax.

So yeah I would like to the system collapse. But that can only happen if there is an asset that is so deflationary that the market cap goes up in billions consistently year on year. Then it will naturally grab so much attention that everyone will relax in the knowledge that their savings are safe and appreciating in value by way more then pumped up houses ever will. Then voila, no one will feel pressured to go into debt again. That for me is financial freedom.

Bitcoin's design flaws (mining) mean that it will never accomplish this. It needs to be profitable to really threaten the financial system. The Bank of England even said that Bitcoin could pose a threat, but they dont think it can win enough users (I agree with them 100% here):

This fantasy probably has plot holes.

Openledger / Re: Basic questions on OpenLedger
« on: November 18, 2015, 12:42:05 am »
Deposit BTC in Account -> Deposit/Withdraw. I would choose CCEDK's OpenBTC as they have some liquidity:

You can install the light wallet if you want, which is identical to the web wallet except the GUI code is not served from the web.

OpenLedger's deposits are just as secure as depositing onto any other exchange.

Is the recording from Friday 13th up anywhere?

I feel that we need a gateway like openledger to add the top 30 coins on coinmarket cap as user issued assets so that when people use bitshares it feels like any other exchange.  and these shoulld always trade as a pair with BITBTC and not BTS.

the only MPAs that need our attention and trading volume are USD and BTC.

And BitYuan!

But yes having all those altcoins trading against BitBTC would provide a very familiar experience.

So would you be willing to vote for worker proposals to pay for bitasset versions of, say, the top 10 tokens on coinmarketcap?  It would, of course, depend on the interest of those communities...but I would gladly approach them and even hold a hangout for the "ground-breaking" ceremony. 

Why would those other communities ever want their coins to be inflated by a market pegged asset? BitAssets effectively increase the supply of something and dilutes demand for it like paper gold. Its great for BitShares but not great for those other coins.

Of couse IOUs that are backed by those coins are a different story. We should have all the top 10 coins trading on OpenLedger, and this can be used as a gateway drug for those communities to see the value of our exchange, and the value of BitAssets.

Random Discussion / Re: BitShares vs Bitcoin - WARNING GRAPHIC!
« on: November 15, 2015, 11:17:45 pm »
Lol nice one. The analogy is perfect - Bitcoiners love to smack talk everyone else.

OpenLedger / Re: API call on Openledger?
« on: November 12, 2015, 12:42:58 am »
Hmm I figured it out - url is and api params are in the POST.

OpenLedger / API call on Openledger?
« on: November 12, 2015, 12:09:02 am »
Is there a URL at that I can use to call APIs on Openledger's witness node?

Ive been looking at how the webwallet source does it, but I cant figure out how to extract a url. Does it require websockets first?

I specifically want to call the get_market_history api.

General Discussion / Re: Idea: make the blockchain a bond market lender
« on: November 12, 2015, 12:04:45 am »
In this new bond market, I propose that the blockchain be a BTS lender. It can print BTS to lend out to potential longs/shorts with 0 risk and pretty much guaranteed profit, which would be burnt, thereby reducing supply.

This would bootstrap liquidity, and make the blockchain as a whole more profitable.


If I go long USD, then how much collateral do I have to post relative to the size of the BTS borrowed from the blockchain, and of what type?

Edit: I guess you would post 200% of BitUSD in order to borrow BTS and buy USD. (Always got to be greater than 100% for system to be trust free).

OpenLedger / Re: CCEDK now 10% of all BTS trade volume
« on: November 10, 2015, 12:16:40 am »
CCEDK is now about 25% of Poloniex's volume:

If that was integrated with the OPENBTC orderbook, CCEDK's volume would basically double from all the people like me on the forums who are dying to use a blockchain market with some liquidity.

General Discussion / Re: Bitshares price discussion
« on: November 09, 2015, 11:19:05 pm »
Edit: Polo still have 40M for sale, anyone know what their other BTS accounts are, as poloniexwallet is now empty?

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