an expiring short results in a FORCED cover? I thought exporation is different from margin calls?!?

Quote from: Markus on February 07, 2015, 12:56:56 AM

It looks like this is a BUG!

Expired shorts are not matched against unlimited short orders. Selling BitUSD slightly below peg will get matched though.

There's a known bug that unlimited shorts aren't considered when a short with a higher interest rate and a limit less than 0.9 of the feed price exists. https://github.com/BitShares/bitshares/issues/1315

Quote from: Gentso1 on February 07, 2015, 03:11:05 PM
"Short orders are forced to cover after 30 days by taking the best offers at the time. No fee is charged.

Forced covers happen at the feed price or 10% below it.

I thought when shorts expired, they were forced to buy bitUSD?

"Short orders are forced to cover after 30 days by taking the best offers at the time. No fee is charged."http://wiki.bitshares.org/index.php/BitShares/Short

This brings up another question. Let's say DACX and a couple of other platforms, need a couple of million in bitassets. Will there be enough people willing to short, to provide them with what they need?

？？？

Quote from: vlight on February 06, 2015, 11:04:34 PM
If they're buy orders at the feed, why they do not buy all the short orders that sell at the price feed?

It looks like this is a BUG!

Expired shorts are not matched against unlimited short orders. Selling BitUSD slightly below peg will get matched though.

Looks like about 3/4 of all BitUSD shorts are expired now. If BTS halves again before they get bought up the Black Swan flies in.

Quote from: tonyk2 on February 06, 2015, 11:04:49 PM
I would suggest for BM to sell/short to them some bitUSD...after all he is the strongest proponent of the idea that it is a good business practice to lend money and pay interest for the privilege to lend them funds... :-*


0.02 BTS



#200% collateral from shorts, as black-bird counter measures...

your suggestion make sense...
we could make some experiments on DevShares before we made them here... (and I am not talking for your suggestion )

Sent from my ALCATEL ONE TOUCH 997D

I would suggest for BM to sell/short to them some bitUSD...after all he is the strongest proponent of the idea that it is a good business practice to lend money and pay interest for the privilege to lend them funds... :-*


0.02 BTS



#200% collateral from shorts, as black-bird counter measures...

If they're buy orders at the feed, why they do not buy all the short orders that sell at the price feed?

I think they will just stay on the orderbook as bitUSD buy orders at the feed. It could probably take a while until they are gone.

Hundreds of thousand BitUSD shorts were expired just before and they are remaining expired now.
In this case, what happens next?