Author Topic: Margin Call stopped working  (Read 516 times)

0 Members and 1 Guest are viewing this topic.

Offline Thul3

  • Full Member
  • ***
  • Posts: 90
    • View Profile
Margin Call stopped working
« on: September 13, 2018, 08:05:43 am »
Thanks to bitcrabs feedprice change the Margin Call function stopped working.

Current BTS price on DEX is nearly 10% under margin call price.
No Margin call has been filled at all even BTC price went from 6100 to 6400 and BTS price on DEX from 0.61-0.67 (+10%)
not a single margin call has been filled and they are still activ arround 5% above current BTS price on DEX.

Arbitrage completly stopped working since BTS price on external exchanges is 10% under margin call price on DEX.

I highly doubt he is going to win the battle against global skimming bots on external exchanges and this will lead only to a black swan in the end since the bull market is fully activ and no Margin calls are getting filled anymore.

The next proposal will be the cancelation of black swan events for sure
as only not predictive people would disable the margin call function in a bear market or add buy support at a high level of 1.08 cny which later gets itself margin called.

He is now just playing with everyones collaterals to witness a possible black swan in the middle of a bear market
« Last Edit: September 13, 2018, 08:18:24 am by Thul3 »

Offline JonnyB

  • Hero Member
  • *****
  • Posts: 632
    • View Profile
    • twitter.com/jonnybitcoin
Re: Margin Call stopped working
« Reply #1 on: September 15, 2018, 06:09:23 pm »
you were right
I run the @bitshares twitter handle
twitter.com/bitshares

Offline armin

  • Full Member
  • ***
  • Posts: 78
    • View Profile
Re: Margin Call stopped working
« Reply #2 on: September 18, 2018, 03:56:57 am »
Margin call will work in bull market though

Offline Thul3

  • Full Member
  • ***
  • Posts: 90
    • View Profile
Re: Margin Call stopped working
« Reply #3 on: September 18, 2018, 05:47:44 am »
How is margin call price will be always 10% higher than external exchange price ?
Who is going to buy at an expensiv price?

Offline gghi

  • Sr. Member
  • ****
  • Posts: 244
    • View Profile
  • BitShares: ttt888
Re: Margin Call stopped working
« Reply #4 on: September 19, 2018, 02:08:42 am »

Offline armin

  • Full Member
  • ***
  • Posts: 78
    • View Profile
Re: Margin Call stopped working
« Reply #5 on: September 19, 2018, 10:22:27 pm »
No @thul3 I think when bitCNY is oversupplied the feed price will go down actually

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12658
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Re: Margin Call stopped working
« Reply #6 on: September 21, 2018, 03:57:42 pm »
When you are talking about the price feed going "some direction", you need to also define how you define your price.
What is "down" for CNY/BTS is "up" for BTS/CNY!!
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH

Offline armin

  • Full Member
  • ***
  • Posts: 78
    • View Profile
Re: Margin Call stopped working
« Reply #7 on: September 21, 2018, 04:38:17 pm »
I think he means BTS/CNY, because he mentioned "BTS price" which means hes talking about the BTS price relative to another asset

Offline bench

  • Full Member
  • ***
  • Posts: 106
    • View Profile
Re: Margin Call stopped working
« Reply #8 on: September 27, 2018, 02:19:32 am »
On 2018-09-13 21:54 CEST there was a margin call at 0.0947 bitUSD/BTS.

Offline armin

  • Full Member
  • ***
  • Posts: 78
    • View Profile
Re: Margin Call stopped working
« Reply #9 on: September 27, 2018, 02:22:58 am »
thats not under the new feed rule (fully)