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Messages - chigbolu

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166
General Discussion / BTS TA for 12TH JAN
« on: January 12, 2020, 12:19:36 pm »
Since last month BTS has dropped 14% to 0.016USD, It also dropped to a low of 0.014USD. It has risen by 13% since the last low.
BTS will need to close above 0.019USD Which is the current weekly EMA in order to confirm its change of Fortune, a failure may see a sharp drop back to 0.013USD or 0.008USD for worst case scenario, hopefully BTS has truly turned a corner.
Unfortunately Price will also be affected by the price of BTC in the coming days as BTC is currently the most liquid market on the DEX, and also the most dominant crypto, if Bitcoin falls in price the BTS may suffer, a rise or range in price for BTC might improve BTS.
Another factor is worker proposals currently there are no workers running except for refund workers, there fears that a vote for workers would negatively affect BTS price, also bitUSD and bitCNY have not yet restored their pegs, it will be interesting to see how prices react if they are restored, we can also see that the market marker contest also brought some positive results in price, hopefully there will be more positive results in the coming months for BTS.

167
General Discussion / Re: Someone is scaming by launching a proposal
« on: January 11, 2020, 02:35:51 pm »
I got another proposal scam today from an account called witness blockchain, the important thing is to ignore such proposals. Note the proposal is always about change of authority or withdrawals

168
General Discussion / Re: I want to play a game
« on: January 01, 2020, 11:08:50 am »
BTS price at new year on GDEX
BTS/GDEX.BTC 205
BTS/GDEX.USDT 0.0146

169
Stakeholder Proposals / Re: BSIP86: 1000:1 Core BTS Token Reverse Split
« on: December 31, 2019, 06:55:59 am »
Reverse stock split will not solve BTS problem, it might create more

170
General Discussion / BTS the river is flowing into the Ocean?
« on: December 28, 2019, 11:52:10 am »
Now that feed threshold workers have expired, price Feeds may return to normal soon (CNY/USD) what is now in store for BTS. BTS has now broken through an historical BTC low of 230 sats, a look at the lowest price of BTS in BTC was a few years back at the 150-171 Satoshi range where it was quickly bought... However things have gotten really bad for BTS in this current bear market due to the fact that the BTS supply has increased compared to that time relative to the number of buyers(market),a look at the collateral/debts for CNY and USD smartcoin there is a combined total of over 100million BTS waiting to be liquidated if the feed price starts adjusting will there be a market for these coins... Or maybe there's something am missing... Is BTS flowing into the Ocean?

171
General Discussion / Re: I want to play a game
« on: December 25, 2019, 12:30:07 am »
A little change of rules
Since there's no winner for this round the rewards will be given to the winner of the new year challenge, I have also decided to give the early commenters another chance since they are few....

172
General Discussion / Re: I want to play a game
« on: December 25, 2019, 12:24:29 am »
BTS Christmas price
BTS/GDEX.BTC 0.00000212
BTS/GDEX.USDT 0.0154462
There's no winner for this round...

173
General Discussion / Re: I want to play a game
« on: December 24, 2019, 08:26:04 pm »
en, as i see, they like to sell bts more than hold. :P

But this is a interesting thought!

Thanks binggo... so what are your predictions...

I much prefer BTS can develop into a common platform of defi in the next year, don't waste the time again.
That's entirely on the hands of the top voters...

174
General Discussion / Re: I want to play a game
« on: December 23, 2019, 11:07:10 pm »
Christmas predictions are over...

175
General Discussion / Re: I want to play a game
« on: December 23, 2019, 04:39:53 pm »
Thanks for your contribution @fractalnode

176
General Discussion / BTS VS OTHER DEX PART 2
« on: December 23, 2019, 02:03:33 pm »
In this comparison, I am going look at BTS DEX usability, governance features (voting, asset creation and management), P2P trustless capabilities, margin trading, plus trustless proposal contracts, and overall user experience compared to top DEXs with almost similar features.

1. Binance DEX
In terms of user interface experience it uses a standard website i.e server, there is no need to connect to proxies like BTS. The login process is also via multiple methods, web wallet/cloud wallet, memionic phrase/brain key and a keystore style/ .bin file like in BTS. the login interface is always easy to understand. the traading platform is also easy to understand, and it currently boasts about 120 pairs, however it appears to be a bit centralised as it does not have the governance features of BTS as well as P2P trustless trading capabilities of BTS, also no margin trades on the DEX for now.

2. Steller DEX
Suprisingly they have been around for some time now. With almost similar features like BTS although it also uses standard websites, but unlike binance, stellar has multiple web platforms, they also have a mobile app on playstore making it even easier to use. Stellar uses only one method for login i.e secret key so its a bit risky for phising schemes care has to be taken when using the account, I also noticed that in order to activate the wallet i.e trade, and perform tasks you must deposit 5XLM coins. th trading platform is easy to understand, and each stellar tokens represent a gateway from which you can buy and sell directly with fiat. They also support P2P and OTC websites that give easy access to XLM.
Despite all these they are also slightly centralised as they do not have governance features like BTS and they perform optional KYC.

3. Waves DEX
Finally Waves DEX, very popular too, the user interface is also great and has been improved upon recently, access to wallet is only via one website however unlike the initial two DEXs it appears to have a proxy system (not entirely sure). The login process is via one method a passphrase however it is much safer to use due to the nature of the password. One great feature of the Waves platform is the ease with which coins can be created, much cheaper than the other DEXs and the tokens can be traded immediately after issuance against any trading pair, they also have a gateway system for deposits and withdrawal of major coins like BTC and ETH, plus they encourage staking of the native token (Waves) unlike BTS, despite this it does not have a trustless P2P system like BTS and user influence is only on the assests he/she has created, he has no influence on the governace system of waves.

177
General Discussion / Re: I want to play a game
« on: December 23, 2019, 07:39:35 am »
I am sure you have watched the movie Saw...
It's the festive season and Christmas and New year is around the corner... So in the spirit of the season I wanted to do a BTS giveaway for the first persons to comment the correct prices of BTS in GDEX.BTC and GDEX.USDT on both Christmas and New year day.
I have picked these pairs because they are the most liquid pairs on the bitshares DEX currently... So here are the rules
1. The winner gets 50BTS for each correct prediction, i.e each pair has a 50BTS reward.
2. The first comment to predict the prices correctly will win the prize
3. Comment is one per person and only the first comment by the person will be considered
4. Commenters must be on the BTS telegram channel because that is where the winner will be announced, the winner shall contact me privately with his BTS account for payment.
5. There can be two winners one for each pair
6. The correct open price of BTS/GDEX.Pairs on Christmas day will receive 100BTS
7. The correct open price of BTS/GDEX.Pairs on New day will receive 100BTS
8. Christmas day predictions shall end by 12am on the 24th while New year day predictions will end by 12am on the 31st day of December.
Now I know the reward looks small but remember the movie Saw it's not really about the reward so don't let this thread down thanks.

Well why not... if I'm the only one participating do I instantly win? :)

Xmas 215 Satoshi and 1.62 USDT cent.

New years the same.
thanks for your response I thought no one was interested but no you do not win instantly but you have the greatest chance

178
General Discussion / Re: I want to play a game
« on: December 22, 2019, 02:20:34 pm »
en, as i see, they like to sell bts more than hold. :P

But this is a interesting thought!

Thanks binggo... so what are your predictions...

179
General Discussion / I want to play a game
« on: December 22, 2019, 11:29:25 am »
I am sure you have watched the movie Saw...
It's the festive season and Christmas and New year is around the corner... So in the spirit of the season I wanted to do a BTS giveaway for the first persons to comment the correct prices of BTS in GDEX.BTC and GDEX.USDT on both Christmas and New year day.
I have picked these pairs because they are the most liquid pairs on the bitshares DEX currently... So here are the rules
1. The winner gets 50BTS for each correct prediction, i.e each pair has a 50BTS reward.
2. The first comment to predict the prices correctly will win the prize
3. Comment is one per person and only the first comment by the person will be considered
4. Commenters must be on the BTS telegram channel because that is where the winner will be announced, the winner shall contact me privately with his BTS account for payment.
5. There can be two winners one for each pair
6. The correct open price of BTS/GDEX.Pairs on Christmas day will receive 100BTS
7. The correct open price of BTS/GDEX.Pairs on New day will receive 100BTS
8. Christmas day predictions shall end by 12am on the 24th while New year day predictions will end by 12am on the 31st day of December.
Now I know the reward looks small but remember the movie Saw it's not really about the reward so don't let this thread down thanks.

180
General Discussion / Re: Don't support BSIP62: Close Margin Position #211
« on: December 18, 2019, 06:30:44 am »
I think BSIP 62 does not affect any of the BSIPs you have mentioned, if a debtor can no longer maintain his MCR he should be given this option as a last resort in order to cut losses, whatever fees to be charged doesn't matter at that point, BSIP62 will enable large debtors to close their bad positions on time before automatic margin call, it will also reduce the accumulation of bad debtors. Bad debtors are victims of BTS fall in price, they do not have any stop gap measures to reduce this risk and are easily exposed to shorting attack and harsh bear market conditions which we are facing now.... This BSIP is a form of get out jail card for them.

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