Author Topic: Margin Call stopped working  (Read 1825 times)

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Offline bench

Actual situation:
BTS is traded around 0.096$ and feed price is around 0.12$ and than there are people having a margin call until 0.15$ (<1.4), but don't get called because they are selling at 0.11$ and no one is buying at this levels.

We can put the margin call price higher to not get margin called, but we can't rise the selling price from people, who are getting margin called.

Will the price be adjusted to the real selling price, after hardfork ?
« Last Edit: October 18, 2018, 11:11:18 pm by bench »
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Offline armin

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thats not under the new feed rule (fully)

Offline bench

On 2018-09-13 21:54 CEST there was a margin call at 0.0947 bitUSD/BTS.
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Offline armin

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I think he means BTS/CNY, because he mentioned "BTS price" which means hes talking about the BTS price relative to another asset

Offline xeroc

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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!!

Offline armin

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No @thul3 I think when bitCNY is oversupplied the feed price will go down actually


Offline Thul3

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How is margin call price will be always 10% higher than external exchange price ?
Who is going to buy at an expensiv price?

Offline armin

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Margin call will work in bull market though

Offline JonnyB

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Offline Thul3

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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 »