Bitshares price discussion

[Ander]

why the price has to go into 500 sats during my 4.5h of sleep time... so unfair... so many unrealized gains and such.

I am glad i was asleep and never had to see BTS price in the 500s, I would have thrown up.

[Ander]

if we can hold above 800.

Highly doubtful.

Once this BTC dip resolves, back down BTS goes.

Buy time was when BTC was at 500.

(these are just my opinions, don't listen to me!)

Nope, its alt rally time.

[Tuck Fheman]

if we can hold above 800.

Highly doubtful.

Once this BTC dip resolves, back down BTS goes.

Buy time was when BTC was at 500.

(these are just my opinions, don't listen to me!)

[tonyk]

why the price has to go into 500 sats during my 4.5h of sleep time... so unfair... so many unrealized gains and such.

[Ander]

BTS 30 minute moving averages could give crossover buy signal for the first time since price was at 1300, if we can hold above 800.

and then I thought you gave up on crypto days ago 

I cant stay away from the train wreck.

[tonyk]

BTS 30 minute moving averages could give crossover buy signal for the first time since price was at 1300, if we can hold above 800.

and then I thought you gave up on crypto days ago 

[Ander]

BTS 30 minute moving averages could give crossover buy signal for the first time since price was at 1300, if we can hold above 800.

[Ander]

"Help us DataSecurityNode    BunkerChainLabs, you're our only hope".

"No, there is another!"

[Ander]

"Help us DataSecurityNode    BunkerChainLabs, you're our only hope".

[BunkerChainLabs-DataSecurityNode]

The application model needs to change.. Instead of one gui to do it all you would offer a gui for the cryptqo stuff like sending recieving, privacy, referrals and account management, which the current gui is great for.

Then youd offer the dex over the cli which it does but do a metatrader4 bridge to the api for dex trading. You simply point people over to the client download for the dex and the wallet gui for crypto stuff.

Forex traders would be all over it especially since they can do their own account management, deposit withdrawls without trusting a broker!

I was thinking the same thing... All we would need is to get a metatrader license and may have to do some basic programming to access the API with the metatrader platform.  As far as deposits and withdrawals, I think we would have to point the trader to a deposit page on the openledger wallet.

I was thinking they dont need another broker, unless processing fiat, but once in crypto they can do their own account management in the bts crypto wallet. Whatever their crypto wallet balance is, would show up in metatrader4.

I have contacted metatrader in regards to setting up and licensing the terminal for bitshares.  I know a license can cost upwards of 100k, but there are companies offering to sell their licenses so there may be a cheaper option.

What I envision:
-website that hosts the metatrader introduction and download page.  Also has a link (with referral code) to create a bts wallet.
-newly created wallet links to downloaded metatrader platform
-password and credentials created for accessing account in metatrader
-user sends funds(crypto) to bts wallet and metatrader reflects those funds
-user trades markets in metatrader through bitshares API.  Metatrader get price data from bitshares API.
-users can cash out or access their funds by going to the original website and logging into the wallet through there.

Does this sound possible with the current API offered by graphene?  I am considering setting this up, but I think it would be an incredible tool for metaexchange or bitshares blocks.

What you are describing is part of what we have plans to do with BunkerDEX. It's just one element to expand the market. There are just a few little tweaks that need to be done with the current API in graphene, but we would be looking at contributing those resources also. Though the cashing out process you are describing can be made much more seamless.

Great minds think alike!   for the initiative! Let us know how you progress.

[Ander]

As long as you havent been margin called and still hold your bts, do not despair.  Most alts got crushed hard by this btc rise, but things will recover.  Its not a bts only problem, its an altcoin problem.

If you got margin called my heart goes out to you, it happened to me years ago in the 2008 stock market crash and hurt really bad, but life does go on, eventually it wont hurt much, especially if you manage to make some good money on something again.

[puppies]

If we can't get the funding for a metatrader license could an open source implementation be used?  I don't know anything about trading so I don't know if any of the programs listed in https://bitcointalk.org/index.php?topic=279773.0 would be a good base.  If one of them was it could be a very profitable idea to convert them to connect with OL or a stand alone witness node. 

The only one that seems to be recently updated is the first on the list tradelink.  I dont think they are truly open source anymore though.  They have changed their name and I think only portions of the program are open source.  That could be good too though.  on http://www.pracplay.com/products/glean/guide/connectors/newconnector they talk about how to add a new brokerage.

How to add any connector to Glean

Best Option - Broker Partnership

In this option your brokerage firm's programmers will build the connector.   This is preferred because it gives the best result for firm, trader and pracplay.

    Contact your broker to explain this option and solict their agreement (Majority of connectors are built using this Best Option)
    Pracplay will assist by providing documentation, code examples and email support to the connector writer.
    You as the user will agree to help test it with Glean and report issues using Ctrl+h.
    In exchange for us helping your firm, they agree to send connector source and updates back to Pracplay, so we can distribute them to our 4,000+ registered users.
    Pracplay will also provide a free text advertisement for your broker that will be shown at least 10,000 times each month.

Next : To add a broker, please have your brokerage or trading firm contact us.

Does anyone that knows anything about trading think something like this could be integrated into bts?

[Ander]

cagara: EtherWizard, as I have nothing left this cannot unveil any position of mine. Well I started with 960 BTC here, margin trading and BTS got my down to 11 BTC

Wow, either he's being a massive lying troll...or he's a truly shit trader who doesn't deserve to have that much money to begin with.

In his defense, if BTS hadn't just been a massive pump and dump around 2.0 and Devs had actually delivered one like.. ONE of their promises maybe price hadn't dropped 85%

Facts??

Wow is that real?  Cagara lost all his btc?

This is the guy who first was shorting BTS in the 2000s and made a ton when it went down, but then started longing it at like 1400.  I guess the extreme crashes we saw that liquidated people here were due to him getting liquidated and losing everything.  If what he said is true that is.


The price of my BTS might be utter shit, and I feel tremendous pain that I didnt go all into btc or at least half into btc when bts was at like 2500+, because then I would be doing just fine.  But at least I still have over 90% of my bts left, only losing a bit to trades.  And at least I have like 10 btc.

[Pheonike]

Whatever the standard API for trading are should be incorporated in DEX.

[hadrian]

The application model needs to change.. Instead of one gui to do it all you would offer a gui for the cryptqo stuff like sending recieving, privacy, referrals and account management, which the current gui is great for.

Then youd offer the dex over the cli which it does but do a metatrader4 bridge to the api for dex trading. You simply point people over to the client download for the dex and the wallet gui for crypto stuff.

Forex traders would be all over it especially since they can do their own account management, deposit withdrawls without trusting a broker!

I was thinking the same thing... All we would need is to get a metatrader license and may have to do some basic programming to access the API with the metatrader platform.  As far as deposits and withdrawals, I think we would have to point the trader to a deposit page on the openledger wallet.

I was thinking they dont need another broker, unless processing fiat, but once in crypto they can do their own account management in the bts crypto wallet. Whatever their crypto wallet balance is, would show up in metatrader4.

I have contacted metatrader in regards to setting up and licensing the terminal for bitshares.  I know a license can cost upwards of 100k, but there are companies offering to sell their licenses so there may be a cheaper option.

What I envision:
-website that hosts the metatrader introduction and download page.  Also has a link (with referral code) to create a bts wallet.
-newly created wallet links to downloaded metatrader platform
-password and credentials created for accessing account in metatrader
-user sends funds(crypto) to bts wallet and metatrader reflects those funds
-user trades markets in metatrader through bitshares API.  Metatrader get price data from bitshares API.
-users can cash out or access their funds by going to the original website and logging into the wallet through there.

Does this sound possible with the current API offered by graphene?  I am considering setting this up, but I think it would be an incredible tool for metaexchange or bitshares blocks.

Sounds like a good enough plan for a thread of it's own. Perhaps you could create a thread and link to it back in this thread?