Yunbi bitUSD market is operational, but we need to raise new funds: CFSUSDA

Started by Rune, February 17, 2015, 06:29:42 PM

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Riverhead

Quote from: abit on October 30, 2015, 10:17:03 AM
Quote from: Riverhead on August 31, 2015, 12:12:12 PM
Quote from: xeroc on August 18, 2015, 12:50:48 PM
Thread resurrection ..

Is the Yunbi market making still active? Have you made any profits? I am asking because I recovered
one of my older wallets and came across some CFSUSDA. Can exchange them into bitUSD?

Sure. Can you send it to riverhead.cryptohedge? I'll send you bitUSD in return.
I find that I have some CFSUSDA as well.. Can I send it to riverhead.cryptohedge so that I can get bitUSD?

Yup. Send me a PM if you do not what your bitUSD sent to the account that sends the CFSUSDA.

abit

Quote from: Riverhead on August 31, 2015, 12:12:12 PM
Quote from: xeroc on August 18, 2015, 12:50:48 PM
Thread resurrection ..

Is the Yunbi market making still active? Have you made any profits? I am asking because I recovered
one of my older wallets and came across some CFSUSDA. Can exchange them into bitUSD?

Sure. Can you send it to riverhead.cryptohedge? I'll send you bitUSD in return.
I find that I have some CFSUSDA as well.. Can I send it to riverhead.cryptohedge so that I can get bitUSD?
BitShares committee member: abit
BitShares witness: in.abit

Rune


Riverhead

Quote from: xeroc on August 18, 2015, 12:50:48 PM
Thread resurrection ..

Is the Yunbi market making still active? Have you made any profits? I am asking because I recovered
one of my older wallets and came across some CFSUSDA. Can exchange them into bitUSD?

Sure. Can you send it to riverhead.cryptohedge? I'll send you bitUSD in return.

xeroc

Thread resurrection ..

Is the Yunbi market making still active? Have you made any profits? I am asking because I recovered
one of my older wallets and came across some CFSUSDA. Can exchange them into bitUSD?

abit

Quote from: Rune on February 22, 2015, 08:22:37 PM
Quote from: onceuponatime on February 22, 2015, 06:21:44 PM
Somebody placed a buy order for 200 CFSUSDA at 1.000 bitUSD

You will not get your order filled because the price is 1.001 bitUSD

That's me, in case people want to withdraw their funds again. I will try to always maintain a buy order and if it gets sold it into I will pull funds from the bots to put up there. This way people can deposit and withdraw funds from the operation whenever they want to.
No ask orders now?

Quote from: speedy on February 22, 2015, 08:39:43 PM
Quote from: Rune on February 22, 2015, 12:17:08 PM
Totally... The current way it's done is really stupid.

Yep. Why are we giving Yunbi 2 delegate positions again?
They've fixed it.
BitShares committee member: abit
BitShares witness: in.abit

speedy

Quote from: Rune on February 22, 2015, 12:17:08 PM
Totally... The current way it's done is really stupid.

Yep. Why are we giving Yunbi 2 delegate positions again?

Rune

Quote from: onceuponatime on February 22, 2015, 06:21:44 PM
Somebody placed a buy order for 200 CFSUSDA at 1.000 bitUSD

You will not get your order filled because the price is 1.001 bitUSD

That's me, in case people want to withdraw their funds again. I will try to always maintain a buy order and if it gets sold it into I will pull funds from the bots to put up there. This way people can deposit and withdraw funds from the operation whenever they want to.

onceuponatime

Somebody placed a buy order for 200 CFSUSDA at 1.000 bitUSD

You will not get your order filled because the price is 1.001 bitUSD

oco101

Quote from: Rune on February 22, 2015, 05:25:57 PM
Quote from: oco101 on February 22, 2015, 03:27:33 PM
QuoteIf you want to help fund the liquidity of the bot, then go to the internal exchange and search for CFSUSDA:bitUSD. It is sold like CFSGOLD, 1:1 for bitUSD with a 0.1% fee, and will increase in NAV as the bot makes a profit off market making.

Stupid question : I manage to install 0.6.1 but I can't find CFSUSDA:bitUSD on the internal exchange. Looking under UIA tag and search nothing there. What I'm doing wrong ?

I think you just have to wait and retry later, sometimes the wallet just doesn't show the UIA's.

Ok thanks, I'll try it tomorrow again.

Rune

Quote from: oco101 on February 22, 2015, 03:27:33 PM
QuoteIf you want to help fund the liquidity of the bot, then go to the internal exchange and search for CFSUSDA:bitUSD. It is sold like CFSGOLD, 1:1 for bitUSD with a 0.1% fee, and will increase in NAV as the bot makes a profit off market making.

Stupid question : I manage to install 0.6.1 but I can't find CFSUSDA:bitUSD on the internal exchange. Looking under UIA tag and search nothing there. What I'm doing wrong ?

I think you just have to wait and retry later, sometimes the wallet just doesn't show the UIA's.

oco101

QuoteIf you want to help fund the liquidity of the bot, then go to the internal exchange and search for CFSUSDA:bitUSD. It is sold like CFSGOLD, 1:1 for bitUSD with a 0.1% fee, and will increase in NAV as the bot makes a profit off market making.

Stupid question : I manage to install 0.6.1 but I can't find CFSUSDA:bitUSD on the internal exchange. Looking under UIA tag and search nothing there. What I'm doing wrong ?

Rune

Quote from: speedy on February 22, 2015, 11:05:31 AM
Quote from: Rune on February 22, 2015, 02:54:46 AM
Quote from: onceuponatime on February 21, 2015, 04:29:04 AM
Could we please have an update. Is the bitUSD bot running at Yunbi?

It's running :)

All bitUSD received has been sent to the bot, with a small float sitting as open bids on the CFSUSDA order book to buy back.

You can check out the bot here: https://yunbi.com/markets/bitusdbtc

They really need to swap that pair around. People are used to thinking of Bitcoin in terms of whole dollars, not dollars in terms of microfractions of Bitcoin.

Totally... The current way it's done is really stupid. It does have one small advantage, that we won't have to spam coinmarketcap for ages to get them to add it into their bitUSD volume.

speedy

Quote from: Rune on February 22, 2015, 02:54:46 AM
Quote from: onceuponatime on February 21, 2015, 04:29:04 AM
Could we please have an update. Is the bitUSD bot running at Yunbi?

It's running :)

All bitUSD received has been sent to the bot, with a small float sitting as open bids on the CFSUSDA order book to buy back.

You can check out the bot here: https://yunbi.com/markets/bitusdbtc

They really need to swap that pair around. People are used to thinking of Bitcoin in terms of whole dollars, not dollars in terms of microfractions of Bitcoin.

Rune

Quote from: onceuponatime on February 21, 2015, 04:29:04 AM
Could we please have an update. Is the bitUSD bot running at Yunbi?

It's running :)

All bitUSD received has been sent to the bot, with a small float sitting as open bids on the CFSUSDA order book to buy back.

You can check out the bot here: https://yunbi.com/markets/bitusdbtc