I didn't completely understand how margin calls worked when I short two months ago. I didn't realise that I only have one month to make profits. As I'm here for three long run, I shorted big thinking I will cover in months or years. Then I've been forced to cover loosing a big chunck of my bts.

It's entirely my fault to not be more informed. I'm not a trader and all of it it's a bit confusding.

I would be more than happy to short again but I fear no having understand everything I need before do it again. 
I also need to read more about the transition of shorts in bts 2.0.

I'm sure I'm not the only one here for the long run and still having all my bankroll in bts. That's not making sense.

There is probably a lot of person in the same position as I am.

Maybe if someone with a good understanding could make a post with a simple and complete explanation on why/how to short. The risks and what will happenned in the transition to 2.0, ... That could potentially make a big difference !

I tied up a big proportion of my BTS by donating to the Moonstone project because I thought at the time that what BitShares needed was an easy to use wallet  . So now I am left without enough collateral to do any serious shorting, and without the ability to have much voting power for the delegated of my choice (especially Bunkermining and Kencode).

Quote from: bitmeat on July 06, 2015, 03:00:29 PM

Quote from: DataSecurityNode on July 06, 2015, 02:31:49 PM
I have had little trouble buying bitUSD from the DEX or anywhere else daily. Though it often takes me a good 5-6 transactions to get the amount I need. I am pretty sure everyone has gone into a holding pattern for the 'better' bitassets to come in 2.0.

Really? Are you talking about 5 BitUSD or 5,000 BitUSD?

Generally a few hundred.

Quote from: DataSecurityNode on July 06, 2015, 02:31:49 PM
I have had little trouble buying bitUSD from the DEX or anywhere else daily. Though it often takes me a good 5-6 transactions to get the amount I need. I am pretty sure everyone has gone into a holding pattern for the 'better' bitassets to come in 2.0.

Really? Are you talking about 5 BitUSD or 5,000 BitUSD?

I have had little trouble buying bitUSD from the DEX or anywhere else daily. Though it often takes me a good 5-6 transactions to get the amount I need. I am pretty sure everyone has gone into a holding pattern for the 'better' bitassets to come in 2.0.

honestly - I need someone to explain the process in easy words / pictures. also I need to know the risks before I consider a move

There is certainly a chicken and the egg problem with liquidity. I am a big purchaser of bitUSD for use with the Metaexchange.info pair (usually around $1k/day in volume that I need to buy off the DEX). I have about 400k BTS tied up in expired bitGold shorts. I would love to short more bitUSD but until the Gold settles out I can't. Since no one is selling or shorting Gold my options are to short to myself again (during a BTS spike) or wait for my turn in the big pile of Gold that needs to be bought via the expired short.

Once liquidity improves liquidity will improve? Hopefully 2.0 will resolve the stalled markets.

Quote from: 天籁 on July 06, 2015, 01:57:54 PM
200% collateral rate is needed to achieve an equilibrium market.

I'm not sure that's the main reason for lack of liquidity. Hopefully will be addressed in BTS 2.0

Quote from: Erlich Bachman on July 06, 2015, 01:54:24 PM
I asked the same thing yesterday:

https://bitsharestalk.org/index.php/topic,17395.0.html

It looks like most people don't have the patience to sync the client.  I can see that.  So when 2.0 launches, and you can sign up for BitShares and short BitUSD all within 5 minutes, then a whole new market will open up.  That's why I started that last thread.  if 50% of current BTS owners are not even taking advantage of the additional derivative leverage provided by bitcoin2.0 then it's going to be obvious.

Good call, I'll add that option to the poll. Feel free to change your vote.

200% collateral rate is needed to achieve an equilibrium market.

I asked the same thing yesterday:

https://bitsharestalk.org/index.php/topic,17395.0.html

It looks like most people don't have the patience to sync the client.  I can see that.  So when 2.0 launches, and you can sign up for BitShares and short BitUSD all within 5 minutes, then a whole new market will open up.  That's why I started that last thread.  if 50% of current BTS owners are not even taking advantage of the additional derivative leverage provided by bitcoin2.0 then it's going to be obvious.

Quote from: xeroc on July 06, 2015, 01:29:51 PM
I am short bitUSD and bitEUR ..
option 3 is not really bad assuming as a short you are already bull .. you can ride the price and set back to get you buy-close order be filled eventually ...

You could get margin called with option 3, before you have the chance to cover (due to lack of liquidity).

I am short bitUSD and bitEUR ..
option 3 is not really bad assuming as a short you are already bull .. you can ride the price and set back to get you buy-close order be filled eventually ...

My assumption is that BTS holders believe in the project, otherwise they would sell it / hedge it. At the moment it is impossible to obtain decent size of BitUSD, and I think that hurts the project's reputation. I'm curious what may be the reason for this, and why are stakeholders not willing to assume some of the risk in the name of the project's success?