Author Topic: [Python] Price Feed Script for BitShares 2.0  (Read 21404 times)

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Offline tonyk

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There is no issue if you have lots of collateral if your a shorter. YOu need more than 3Xs.


TO BE CLEAR>  THERE IS NO ISSUE.

Well there is!

If you change the rule...post factum!!!

As was done in this particular case!
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline topcandle

There is no issue if you have lots of collateral if your a shorter. YOu need more than 3Xs.


TO BE CLEAR>  THERE IS NO ISSUE. 
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline alt

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I think this is not a problem if shorts have HIGH COLLATERAL.  YOU NEED MORE THAN 2Xs COLLTERAL.  Try it out for yourself.

The biggest immediate problem now is that the witnesses are forcing those shorts to cover at 150% of feed price instead of near the actual value.  Are only 3 witnesses paying attention?

Why was it set this way?  And is it a good fix to put it at 1.0 SQP?  What other problems are there.
1.0 is not good.
we need some premium to encourage other's to help cover the short position, at BTS1.0, it's 1.1, now it's 1.5
In fact I prefer to 1.05,  otherwise 1.1 is more better than 1.5

Offline topcandle

I think this is not a problem if shorts have HIGH COLLATERAL.  YOU NEED MORE THAN 2Xs COLLTERAL.  Try it out for yourself.

The biggest immediate problem now is that the witnesses are forcing those shorts to cover at 150% of feed price instead of near the actual value.  Are only 3 witnesses paying attention?

Why was it set this way?  And is it a good fix to put it at 1.0 SQP?  What other problems are there. 
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Troglodactyl

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I think this is not a problem if shorts have HIGH COLLATERAL.  YOU NEED MORE THAN 2Xs COLLTERAL.  Try it out for yourself.

The biggest immediate problem now is that the witnesses are forcing those shorts to cover at 150% of feed price instead of near the actual value.  Are only 3 witnesses paying attention?

Offline tonyk

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thanks
I'll apply commitee account when I can understand the whole system more better, not now.

you should vote for me, delegate.baozi

voting now... but shouldn't you make a committee account as well?  so we can change this nonsense once...and hopefully for ever?

ohh you do not get the whole system as well?
That is indeed said.

One of the smartest around here has no clue how to change the system...

Good job BM... not only reinventing something that does not need reinventing and making a disaster out of it, but making it completely un-clear how everything works.

don't blame BM, I have not spent much time at BTS2.0 because of my personal business and my poor English.
I just begin to learn it when BTS2.0 have already launched.

Good. I will blame... myself for not being in his head.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline alt

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thanks
I'll apply commitee account when I can understand the whole system more better, not now.

you should vote for me, delegate.baozi

voting now... but shouldn't you make a committee account as well?  so we can change this nonsense once...and hopefully for ever?

ohh you do not get the whole system as well?
That is indeed said.

One of the smartest around here has no clue how to change the system...

Good job BM... not only reinventing something that does not need reinventing and making a disaster out of it, but making it completely un-clear how everything works.

don't blame BM, I have not spent much time at BTS2.0 because of my personal business and my poor English.
I just begin to learn it when BTS2.0 have already launched.

Offline tonyk

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thanks
I'll apply commitee account when I can understand the whole system more better, not now.

you should vote for me, delegate.baozi

voting now... but shouldn't you make a committee account as well?  so we can change this nonsense once...and hopefully for ever?

ohh you do not get the whole system as well?
That is indeed said.

One of the smartest around here has no clue how to change the system...

Good job BM... not only reinventing something that does not need reinventing and making a disaster out of it, but making it completely un-clear how everything works.
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline alt

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thanks
I'll apply commitee account when I can understand the whole system more better, not now.

you should vote for me, delegate.baozi

voting now... but shouldn't you make a committee account as well?  so we can change this nonsense once...and hopefully for ever?

Offline tonyk

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you should vote for me, delegate.baozi

voting now... but shouldn't you make a committee account as well?  so we can change this nonsense once...and hopefully for ever?
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline alt

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you should vote for me, delegate.baozi

Offline tonyk

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I'm sorry guys.  I can't move the feed price alone.  I've updated to 110% from 150%.  I will keep a close eye on it and move it back if needed.

I updated xeroc's feed script a few hours ago and submitted feeds with maximum_short_squeeze_ratio at 1100.. It was my understanding that it would help prevent calls, of which there seem to be an unprecedented amount of. Do I understand correctly?

Voting for you and expecting you to figure out why you did what you did.

...
2 witnesses included in my vote so far.

Looks like rnglab is onboard also.  You can see a handy listing of witness positions on the asset page.

checked - I will trust that!

3 witnesses
Lack of arbitrage is the problem, isn't it. And this 'should' solves it.

Offline roadscape

Why is there a SQP?  Doesnt only forced settlement matter?

"A margin call will occur any time the highest bid is less than the CALL PRICE and greater than SQP"
https://bitsharestalk.org/index.php/topic,19102.0.html
http://cryptofresh.com  |  witness: roadscape

Offline roadscape

I'm sorry guys.  I can't move the feed price alone.  I've updated to 110% from 150%.  I will keep a close eye on it and move it back if needed.

I updated xeroc's feed script a few hours ago and submitted feeds with maximum_short_squeeze_ratio at 1100.. It was my understanding that it would help prevent calls, of which there seem to be an unprecedented amount of. Do I understand correctly?

Voting for you and expecting you to figure out why you did what you did.

...
2 witnesses included in my vote so far.

It tightens up SQP, helping prevent the walls from crumbling down.. right?
http://cryptofresh.com  |  witness: roadscape

Offline Troglodactyl

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I'm sorry guys.  I can't move the feed price alone.  I've updated to 110% from 150%.  I will keep a close eye on it and move it back if needed.

I updated xeroc's feed script a few hours ago and submitted feeds with maximum_short_squeeze_ratio at 1100.. It was my understanding that it would help prevent calls, of which there seem to be an unprecedented amount of. Do I understand correctly?

Voting for you and expecting you to figure out why you did what you did.

...
2 witnesses included in my vote so far.

Looks like rnglab is onboard also.  You can see a handy listing of witness positions on the asset page.