Relative order for combinations of BitAssets

Started by clayop, January 16, 2015, 08:23:22 PM

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clayop

Bitshares Korea - [url="http://www.bitshares.kr"]http://www.bitshares.kr[/url]
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islandking

I've been working on a new electronic cash system that's fully peer-to-peer, with no trusted third party. - Satoshi

clayop

Can someone find related discussion? I couldn't find it :(
Bitshares Korea - [url="http://www.bitshares.kr"]http://www.bitshares.kr[/url]
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xeroc

The trade bug will be fix automatically after the hard fork in a few days ...


Relative orders across bitassets ... no idea ... but there has been a discussion about this already in here somewhere

clayop

As now, if I attempt to convert bitCNY into bitUSD, I have to go through bitCNY:BTS and bitUSD:BTS market since bitCNY:bitUSD market is not that active. Plus, when I go bitCNY:bitUSD market, the wallet says "insufficient feeds" although there're already enough feeds for USD and CNY. We can easily create the bitCNY:bitUSD feed with medians of USD and CNY and this can be applied to relative order function in this pair.
With relative order in a pair of BitAssets, people won't be bothered by spread of both CNY:BTS and USD:BTS market. Once market makers come to bitCNY:bitUSD market and with some spread (I guess 1% or less), people are able to convert their local currency into foreign ones.
Bitshares Korea - [url="http://www.bitshares.kr"]http://www.bitshares.kr[/url]
Vote for me and see Korean Bitshares community grows
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