[MetaExchange] dev-metaexchange.monsterer development diary

[ttstts]

It's a pity for closing the metaexchange.

could you open source it? I found the https://github.com/wildbunny/metaexchange, but it seem to out of date, it was compatible with bitshares 1.0?not bitshares 2.0?

[cryptillionaire]

Noticed that metaexchange is shutting down https://metaexchange.info/closing

[Shentist]

https://dgx-public.slack.com/archives/random/p1460393280000755


hughlang
5:48 PM I think there’s a scammy algorithm on metaexchange that gradually increases the buy price as you continue to send to the same ETH address. I had to send to 2 accounts this morning and I saw it start at one price and move up with each transaction.
5:48
As is, the bid-ask spread starts at 10% which is terrible.
5:49
Since i don’t have a choice, I guess I have to take it. I only have 1 BTC left to send, so I’m only going to get scammed for another 5%

i don't get it! Does he claims he scams metaexchange?

No. He's saying that each time he sends the price gets worse - which is true because that's how the algorithm tries to balance the sides. It's not so much a scam than he doesn't understand bridge balancing.

so in a slack community i didn't know they are talking about metaexchange - nice

yeah, he don't get that we are balancing our portfolio so other people want to buy from us.

thanks, riverhead for the explanation.

[Riverhead]

https://dgx-public.slack.com/archives/random/p1460393280000755


hughlang
5:48 PM I think there’s a scammy algorithm on metaexchange that gradually increases the buy price as you continue to send to the same ETH address. I had to send to 2 accounts this morning and I saw it start at one price and move up with each transaction.
5:48
As is, the bid-ask spread starts at 10% which is terrible.
5:49
Since i don’t have a choice, I guess I have to take it. I only have 1 BTC left to send, so I’m only going to get scammed for another 5%

i don't get it! Does he claims he scams metaexchange?

No. He's saying that each time he sends the price gets worse - which is true because that's how the algorithm tries to balance the sides. It's not so much a scam than he doesn't understand bridge balancing.

[Shentist]

https://dgx-public.slack.com/archives/random/p1460393280000755


hughlang
5:48 PM I think there’s a scammy algorithm on metaexchange that gradually increases the buy price as you continue to send to the same ETH address. I had to send to 2 accounts this morning and I saw it start at one price and move up with each transaction.
5:48
As is, the bid-ask spread starts at 10% which is terrible.
5:49
Since i don’t have a choice, I guess I have to take it. I only have 1 BTC left to send, so I’m only going to get scammed for another 5%

i don't get it! Does he claims he scams metaexchange?

[Akado]

https://dgx-public.slack.com/archives/random/p1460393280000755


hughlang
5:48 PM I think there’s a scammy algorithm on metaexchange that gradually increases the buy price as you continue to send to the same ETH address. I had to send to 2 accounts this morning and I saw it start at one price and move up with each transaction.
5:48
As is, the bid-ask spread starts at 10% which is terrible.
5:49
Since i don’t have a choice, I guess I have to take it. I only have 1 BTC left to send, so I’m only going to get scammed for another 5%

[shifty252]

Hi,

I have a problem with an older order which, on my fault, did not execute. This happened on 11 September 2015.

I tried to sell 23.4 ETH but when i sent the ETH to metaexchange i did not fill in the deposit data.

Here is the tx id for the sent ETH:
https://etherchain.org/tx/0xcca62193f5fe5c0e2ece1a7bc82b6cc72014bf4fbf79569c392a52052e9872f0

The BTC address for the order was
1H9e6k3gGSZzsRmgLANoQqJ1KmoPZocSdT

My biggest problem of all is that i no longer have control over the address from which i sent the ETH as it was from ethereumwallet.org which around 22 September 2015 scammed everyone who had ETH in their online wallets. Luckily for me, i did not lose it to them.

I found that i filled a support ticket(#27 is the number of the support ticket) on the same day that i did the failed transfer but only got a generic reply that my ticket was received, and no other answer from that moment.

Is there any chance you could help me on this one?

Thanks in advance

LATER EDIT:
I also added another support ticket last night, number 163

FINAL EDIT:
Problem has been solved today by support (awesome Paul)

[Shentist]

@Shentist

Surely we should be given the exact time of the buy back so we can all compete by offering different prices on the day of the buyback.

Also please state which market pair where the buy back will happen.  Will it be METAEX.BTC:METAFEES like it was last time?

hi jonny,

we will do the next buyback on monday Janary 4th between 8pm - 9pm CET on this market again https://bitshares.openledger.info/#/market/METAFEES_METAEX.BTC

[JonnyB]

@Shentist

Surely we should be given the exact time of the buy back so we can all compete by offering different prices on the day of the buyback.

Also please state which market pair where the buy back will happen.  Will it be METAEX.BTC:METAFEES like it was last time?

[Shentist]

received 3k bts from metaexchangepartners. I know something was supposed to happen on the 25th if I'm not mistaken? But I thought funds would be used to buyback METAFEES on the market instead of handling out bts?

I'm fine either way, I would just like to understand this. Or it wasn't related at all?

I would like an update on what is happening aswell

@Akado this transaction is for the signature campaign https://bitsharestalk.org/index.php/topic,17602.msg268112.html#msg268112

@all the METAFEES buyback will be done in a couple of days, maybe after the new year.

after the holidays are over we will discuss what happened on 25th but the loss is not as high as expected, because the community members transfered most of the funds back.

[JonnyB]

received 3k bts from metaexchangepartners. I know something was supposed to happen on the 25th if I'm not mistaken? But I thought funds would be used to buyback METAFEES on the market instead of handling out bts?

I'm fine either way, I would just like to understand this. Or it wasn't related at all?

I would like an update on what is happening aswell

[Akado]

received 3k bts from metaexchangepartners. I know something was supposed to happen on the 25th if I'm not mistaken? But I thought funds would be used to buyback METAFEES on the market instead of handling out bts?

I'm fine either way, I would just like to understand this. Or it wasn't related at all?

[monsterer]

Service restored

[monsterer]

Metaexchange is currently experiencing a site outage; please bare with us while we resolve it.

[kenCode]

i apologize if this has been answered already, but is metaexchange going to be offering a shapeshift-style lens/shifty/skeleton stuff soon?
thanx, ken