Author Topic: [EBM] Exchange Business Management Team  (Read 9738 times)

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clout

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Why not create an UIA which can be use as a fund for MM and dividends distribution from the profits of the bot/s.

This is a possible solution. I would prefer if the solution where trustless, but it may be necessary to pursue this course of action in the event that users cannot maintain a bot on their own.

Different levels of participation, I assume many people might be interested to participate and can trust known members to distribute and run the bots.
If we limit this to accounts that run on the dex, they can be easily audited by contributors. to ensure a fair ROI. Now if UIA had been already implemented the dividends distribution, bob is your uncle, as it will be 75% decentralised.

Move a step further and you can have different specialised bots, with different parameters, running on the DEX. Similar to eToro follower, but bot trading follower.

I would primarily like to make and a run a bot for the GATEWAY.BTC / BitBTC so that we can reduce the spread and get BitBTC to trade on par with BTC. This would also allow for a bridge to be created for direct BTC to BitBTC exchanges. I will have toconsider the logistics of accepting funds for dividends from the profits.

Going forward I would like to see more complicated bots implemented and used but for now it makes sense to solidify our most stable markets that act as bridges between the internal and external markets.

Offline betax

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Why not create an UIA which can be use as a fund for MM and dividends distribution from the profits of the bot/s.

This is a possible solution. I would prefer if the solution where trustless, but it may be necessary to pursue this course of action in the event that users cannot maintain a bot on their own.

Different levels of participation, I assume many people might be interested to participate and can trust known members to distribute and run the bots.
If we limit this to accounts that run on the dex, they can be easily audited by contributors. to ensure a fair ROI. Now if UIA had been already implemented the dividends distribution, bob is your uncle, as it will be 75% decentralised.

Move a step further and you can have different specialised bots, with different parameters, running on the DEX. Similar to eToro follower, but bot trading follower.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

clout

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Why not create an UIA which can be use as a fund for MM and dividends distribution from the profits of the bot/s.

This is a possible solution. I would prefer if the solution where trustless, but it may be necessary to pursue this course of action in the event that users cannot maintain a bot on their own.

Offline betax

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Why not create an UIA which can be use as a fund for MM and dividends distribution from the profits of the bot/s.
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Offline betax

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Fantastic initiative, just let me know if you need any help (in any way)
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clout

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Don't forget Bitcoin Indonesia, they showed interest in BitShares in the past, also http://business.asiaone.com/news/indonesia-use-yuan-trade-china-2016

meaning they could help provide more bitCNY liquidity  :)

Do you use Bitcoin Indonesia. I can't seem to get signed in and use there platform.

I don't use them. Just made contact with their CEO one time and he posted here on the forum as well.

Is there any way I can get you to be a representative for Bitcoin Indonesia? While they have very little volume in the BTS/BTC market they do however have substantial volume in the BTC/IDR market. I would like to see if they would be willing to integrate BitUSD and BitCNY.

I can try and reach out to them... But I don't have the technical knowledge to go into details if they have questions about how everything works. They have an account here at bitsharestalk https://bitsharestalk.org/index.php?action=profile;u=34560

Actually there's a good reason for them to integrate bitUSD and bitCNY. It's the fact that they will stop using USD and start using CNY as a currency. Offering both would allow for people to choose and migrate.

https://www.reddit.com/r/Economics/comments/3t048b/indonesia_will_use_the_yuan_instead_of_us_dollars/

PM'ed and emailed

Ok, thanks a lot!

Offline Akado

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Don't forget Bitcoin Indonesia, they showed interest in BitShares in the past, also http://business.asiaone.com/news/indonesia-use-yuan-trade-china-2016

meaning they could help provide more bitCNY liquidity  :)

Do you use Bitcoin Indonesia. I can't seem to get signed in and use there platform.

I don't use them. Just made contact with their CEO one time and he posted here on the forum as well.

Is there any way I can get you to be a representative for Bitcoin Indonesia? While they have very little volume in the BTS/BTC market they do however have substantial volume in the BTC/IDR market. I would like to see if they would be willing to integrate BitUSD and BitCNY.

I can try and reach out to them... But I don't have the technical knowledge to go into details if they have questions about how everything works. They have an account here at bitsharestalk https://bitsharestalk.org/index.php?action=profile;u=34560

Actually there's a good reason for them to integrate bitUSD and bitCNY. It's the fact that they will stop using USD and start using CNY as a currency. Offering both would allow for people to choose and migrate.

https://www.reddit.com/r/Economics/comments/3t048b/indonesia_will_use_the_yuan_instead_of_us_dollars/

PM'ed and emailed
« Last Edit: November 17, 2015, 11:15:41 am by Akado »
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clout

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Don't forget Bitcoin Indonesia, they showed interest in BitShares in the past, also http://business.asiaone.com/news/indonesia-use-yuan-trade-china-2016

meaning they could help provide more bitCNY liquidity  :)

Do you use Bitcoin Indonesia. I can't seem to get signed in and use there platform.

I don't use them. Just made contact with their CEO one time and he posted here on the forum as well.

Is there any way I can get you to be a representative for Bitcoin Indonesia? While they have very little volume in the BTS/BTC market they do however have substantial volume in the BTC/IDR market. I would like to see if they would be willing to integrate BitUSD and BitCNY.

Offline Akado

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Don't forget Bitcoin Indonesia, they showed interest in BitShares in the past, also http://business.asiaone.com/news/indonesia-use-yuan-trade-china-2016

meaning they could help provide more bitCNY liquidity  :)

Do you use Bitcoin Indonesia. I can't seem to get signed in and use there platform.

I don't use them. Just made contact with their CEO one time and he posted here on the forum as well.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

clout

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Don't forget Bitcoin Indonesia, they showed interest in BitShares in the past, also http://business.asiaone.com/news/indonesia-use-yuan-trade-china-2016

meaning they could help provide more bitCNY liquidity  :)

Do you use Bitcoin Indonesia. I can't seem to get signed in and use there platform.

Offline DestBest

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BitShares French ConneXion, the BitShares french gateway.
www.bitsharesfcx.com

Offline btswildpig

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Forget about IOU-CNY.
Any Chinese exchange would worry about Legal risk .

Because the token can be transfered . It's not a crypto coin . Hence it doesn't share the same property as a crypto coin .

Same reason why BM was so stressed about Brownie.PTS's "non-value" property .
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Offline Akado

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Don't forget Bitcoin Indonesia, they showed interest in BitShares in the past, also http://business.asiaone.com/news/indonesia-use-yuan-trade-china-2016

meaning they could help provide more bitCNY liquidity  :)
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

clout

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I would like to add direct support for exchanges in the wallet. If this team can encourage exchanges to provide an API that returns a deposit MEMO given a username that doesn't require authentication. Then we can have the wallet save the exchange account, user id on exchange, and deposit memo and make deposits easy and transparent. 

Standardizing this interface would make the user experience both easier and more secure/less error prone.  It also gives the exchanges some direct advertising within the wallet.

Contacting exchanges about this now

Offline bytemaster

I would like to add direct support for exchanges in the wallet. If this team can encourage exchanges to provide an API that returns a deposit MEMO given a username that doesn't require authentication. Then we can have the wallet save the exchange account, user id on exchange, and deposit memo and make deposits easy and transparent. 

Standardizing this interface would make the user experience both easier and more secure/less error prone.  It also gives the exchanges some direct advertising within the wallet.
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