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Messages - chigbolu

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General Discussion / Re: Analysis of My Bitshares transaction blunder
« on: December 05, 2020, 10:56:45 pm »
Sorry to hear of that expensive mistake. I do hope you can recover from this!

The UI allows to add "Contacts" or "Favorites". The Account Selector on first click should also populate those (just tested on develop, does not seem to work). Furthermore, contacts are highlighted in green. The issue is that people simply don't use that function. The UI would need to train or know by itself what the exchange accounts are (imho).
Noted I'll check it on the UI, and yes I will recover, it will only take time, plus a good samaritan has lent me some bitshares to continue my project

General Discussion / Analysis of My Bitshares transaction blunder
« on: December 02, 2020, 03:36:58 pm »
Yesterday  at about 15:00 Nigerian time, I accidentally sent 15000BTS to a fake binance wallet ;  binanace-bts-1 instead of binance-bts-1 the extra letter 'a' cost me to lose over half my life's worth...
Much of this cosmic comical error is attributed to my negligence and mental temprament which admittedly at the time of making this transaction was unstable (No right thinking person would make this mistake). However 10% of the blame falls on the bitshares UI I used to make the transfer. I say 10% because I still would have confirmed the transaction 9 out of 10 times due to the aforementioned conditions. The confirmation write up on the UI was too tiny to read and there was no clear way to know if I was sending to the wrong wallet unless with proper analysis.

That being said my Gross inability to perform a simple copy and paste operation was ultimately my undoing and no fault of anyone but myself... My advice to Bridge exchanges is to improve the send function of their UI by making the write up more legible and by adding an extra feature called favorite wallets, so that users that want to perform familiar transactions can easily do so without much scrutiny and mistakes.... Also a new option to make memo transactions compulsory should be added, this is to avoid sending BTS to external wallets without memo...

I sincerely apologise to everyone at Bitshares who have been supportive of my project and I promise to do better next time...
The project will now be on halt for now due to liquidity issues until my position improves...

General Discussion / Who owns this wallet?
« on: December 01, 2020, 02:56:50 pm »
Please who is the owner of this address

Week 11 Top Ten Trading Reward

altin 2.408EVRAZ/ 5.168CLVRG
jarko-srb 2.328EVRAZ/ 4.995CLVRG
amanter 1.048EVRAZ/2.249CLVRG
shirak 0.950EVRAZ/ 2.038CLVRG
shlvn 0.944EVRAZ / 2.025CLVRG
bu-dva 0.925EVRAZ/ 1.986CLVRG
koba 0.824EVRAZ/ 1.768CLVRG

Next Reward Pot will be shared on the 6th of December 2020

General Discussion / CRUDE.LVRG and it's potential for profit
« on: November 23, 2020, 01:50:12 pm »
CRUDE.LVRG is a leverage token, that derives it's value from the price change of Bitshares, due to Bitshares high volatility, the price change is calculated weekly and multiplied by 5, the resulting price is then reflected on the order books.
CLVRG is a new form of derivative market different from the options and margin market and carries much less risks than both, because collateral is not needed to open positions, only initial capital is required, to invest in CLVRG.
Profit is earned by the severe price flunctuations generated by the asset, wild swings up and down even at little percentage changes, is the perfect haven for cryptocurrency traders, who wish to make more profit.
It is worth noting that assets like this are already existing on other platforms, they include btcup, btcdown, ethup/down, wavesup/down, adaup/down, etc.... and they have been very successful.
CLVRG follows thesame principle as the other leverage asset, each LVRG token created = 5x its amount in bitshares, so when 1CLVRG is sold whether at profit/loss, it is equivalent to 5BTS being sold on the market.

Week 10 Top Ten Trading Reward

jarko-srb 3.289EVRAZ
Koba 3.122
gich-go 2.844EVRAZ
arisha-luk 1.881EVRAZ
evrazb9  1.783 EVRAZ
bu-dva 1.703EVRAZ
global-ru 1.609EVEAZ
Monkada 1.414EVRAZ
global-invest 1.404
altin 1.275

Next Reward Pot will be shared on the 29th of November 2020

Our Website has been rebranded. It has a deposit and withdrawal option, as well as a fully customized chart for your tracking bitshares and other cryptocurrencies, a quick chat via mail option, a support center and a trading account link from where you can access the XBTS.IO BTS DEX.

CNGN Trading reward Update

CRUDE.NGN is meant to represent the Naira currency on the bitshares DEX, currently holders of the asset are few and dormant. Only a few persons currently trade CRUDE.NGN actively and this has led to low trade volumes. In order to change this trend and make the CRUDE.NGN market more organic while boosting trade volumes, bitsharescrude is introducing a trading reward program, which will  now continue to run till further notice. The program will reward the top ten trading accounts that trade with the naira according to the amount of CRUDE.NGN they own.

 Market Rules

• Traders must have at least 1000CNGN in their accounts to be eligible.

• The top ten active traders with visible bids equivalent of at least 1000CNGN will get to share the reward pot.

• The reward will be in CRUDE.BTS.

• The reward pot will be shared on a weekly basis after a snapshot of market orders and CNGN holders.

The next reward pot will be shared on 21st November 2020 after calculations are completed.

Week 9 Top Ten Trading Reward

koba 4.066EVRAZ
jarko-srb 4.046EVRAZ
gncht 2.561EVRAZ
gich-go 1.306EVRAZ
arisha-luk 1.157EVRAZ
zgt1  1.148EVRAZ
vksh79 1.139EVRAZ
thik-he 1.13EVRAZ
sweet-girl 1.122EVRAZ
tf7679 1.113EVRAZ

Next Reward Pot will be shared on the 22nd of November 2020

General Discussion / Re: Default price Feeders for new Asset CRUDE.BTS
« on: November 15, 2020, 05:25:19 am »
it's cool.
I don't understand it's application.
Ok, this is an inverse margin, where instead of backing the underlying asset with bitshares an unstable asset, a stable asset is used. In my case it's CRUDE.NGN...

Bitsharescrude now has three new assets; the Liquidity pool token, the smartcoin and the leveraged asset token
The liquidity Pool is not yet active because of the bitshares UI, however the other assets are now active and can be traded
The smartcoin CRUDE.BTS tracks the avg daily price of bitshares, and is backed by CRUDE.NGN, While the Leverage Asset Token
CRUDE.LVRG tracks the weekly price change of bitshares multiplied by 5, i.e @ a 5X leverage.
This leverage applies only for small trades, to increase CLVRG supply new accounts must start at 1:5 odd or 0.2 odd against CNGN
Part of the *funds gotten will then be used to open new positions against CNGN. The rest will be used to trade on the Futures Market.

*All funds gotten will be converted to USD/BTS @ 1:5.

General Discussion / Re: Default price Feeders for new Asset CRUDE.BTS
« on: November 13, 2020, 01:12:01 pm »
We need Oracle system.
What's an oracle system?

General Discussion / Default price Feeders for new Asset CRUDE.BTS
« on: November 13, 2020, 08:28:53 am »
Here is a list of price Feeders I have set for the asset CRUDE.BTS...

New feed producers


If you wish to be added to the list please indicate...

We now have CRUDE.BTS smartasset, which follows the price of BTS in Naira, and is backed by CRUDE.NGN, A list of well known price Feeders have been added...

General Discussion / Bitshares TA for 12th November 2020
« on: November 12, 2020, 09:29:47 am »
Bitshares has traded between 0.02-0.014USD. It currently trading at 0.019USD below 0.02USD which is currently a short term resistance. In the long term BTS may stay below 0.02USD to continue a sort of accumulation. Bitshares above 0.022USD will trigger an upward rally, so far it still shows signs of weakness, probably due to the slowness of development and Bitcoin's strong run, hopefully new features are released that can draw interest from the public, for now just buy the dips.... ;D
Uptrend ---> abv 0.022 -> 0.028-0.33USD
Downtrend ----> below 0.017 -> 0.014-0.013USD
Sideways ---> 0.02-0.018USD...

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