why not borrowing?

[R]

Borrowing the norns recently, less risky than borrowing MPA IMO. https://norns.hertz.network

[bitstopia2049]

in your eyes anytime the market is in down trend and we shouldn't do anything until the up trend come.

some CEXs has adopted CNY as base currency but suffered the shortage of bitCNY and finally unlisted it.

currently the key task is to guarantee the bitCNY supply.

No, that is your claim.Its a reason why some people don't borrow currently.I'm  fully in stablecoin and observing some bigger players who do borrow i also saw they exchanged part of their debt to stablecoins.

I agree that main focus should be now to provide supply of stable coins but we have also to accept that current stable coins can be mainly only used to buy directly BTS.
First goal should be to make stable coins more attractiv to be able to buy other major coins anytime at market prices and giving holders of stable coins the possibility to use it on diffrent exchanges with small spread in prices.

Frankly ..I don't put too much weight behind TA (technical analysis)...because at then end of the day..it's all a reflection of mass psychology... that's why $billions are spent on advertising every day..

how else does one explain the valuation of Dogecoin(#29) while BTS is (#51).... or CryptoKitties..

I think social, economic, financial and politcal events will impact price more than anything else...

You never know what kind of motivation will move markets...

 https://bitcoinist.com/how-the-mega-rich-buy-their-bitcoin

https://bitcoinist.com/bitcoin-exchange-site-traffic-may-coinbase-binance/

1.Leverage via stablecoins which makes BTS more volatile.It also means that BTS will rise way quicker in an uptrend than dodgecoin .
2.Way better marketing and adoption of dodgecoin.For me it currently seems bitshares oversleept marketing and adoption compared to other coins which it needs now to catch up quickly.

A good refference point is DAI.
How does it come that DAI is already listed everywhere where bitshares or its stablecoins try to get implemented?

Since you don't care about major TA signals what event is bitshares going to produce in next 30 days which in your opinion will impact the price more than major trends ?
I'm asking cause i do also belive that some events are stronger than market trends.

https://kryptografen.com/news/bitcoins-reported-market-dominance-is-approaching-70-but-in-reality-it-is-above-90/

Bitcoin’s reported market dominance is approaching 70%, but in reality it is above 90%

What does BitShares need most right now..?

The answer is clear in the excerpt of this article.

(Although I don't agree with every point the author makes because he doesn't seem to consider e.g.>

https://www.newsbtc.com/2019/03/25/bitcoin-blockchain-costs-approx-7-million-a-day-to-stay-secure/
and what if it were to scale to handle consumer payments?)

[EXCERPT..]

Still, history has shown us that network effects often trump specialisation. General platforms with wide adoption might be used for “everything”, like the internet. Nowhere are the network effects stronger than for money, where liquidity is everything.

Every day bitcoin stays ahead, it becomes less likely that any other cryptocurrency can compete as a money. That is important to understand not only for investors and those building out payment infrastructure, but also those building out solutions leveraging the security of a public blockchain. The value of bitcoin [as] is what makes its blockchain the most secure and makes users take good care of their private keys.

https://www.bitcointradevolume.com/

Obviously a black swan event can have the network effect needed

[bitstopia2049]

bitUSD supply is now down to 3.87M.

no one want to borrow more bitUSD?

this is not traditional mortgage loan， this is stable coin minting!

https://usethebitcoin.com/south-koreas-sk-group-invests-10-million-in-blockchain-firm-consensys/

"South Korea is one of the most active countries in the cryptocurrency market after the United States and Japan. The nation has different companies that are starting to pay close attention to the

blockchain and crypto markets, while others have already started to work with this technology.

Some of the firms in the country that are entering the market include Kakao, Hyundai and Samsung, among others"

[Thul3]

bitUSD supply is now down to 3.87M.

no one want to borrow more bitUSD?

this is not traditional mortgage loan， this is stable coin minting!

There are people borrowing.
The issue the main debt holder is leaving USD.

[Digital Lucifer]

BitShares is no different from any other exchange in the sense that it needs to incentivise liquidity providers if it wants to succeed.

I agree with your point about rewarding liquidity providers, but we need to look at WHO does that. BitShares IS NOT an exchange. There is a dex  built for it, yes. But BitShares is not an exchange or even a dex. BitShares is a blockchain.

In other terms, gateways are here to offer such stuff We cant incentive someone for asset we are literally borrowing to existence. Its already 0% interest fee on it, so... no logic unless its UIA backed by gateway who can provide incentive through custom fee structure.

[iamredbar]

BitShares is no different from any other exchange in the sense that it needs to incentivise liquidity providers if it wants to succeed.

I agree with your point about rewarding liquidity providers, but we need to look at WHO does that. BitShares IS NOT an exchange. There is a dex  built for it, yes. But BitShares is not an exchange or even a dex. BitShares is a blockchain.

[bitcrab]

bitUSD supply is now down to 3.87M.

no one want to borrow more bitUSD?

this is not traditional mortgage loan， this is stable coin minting!

[bitstopia2049]

fuck alt

Wow..!   Such deep insight....Can you create (or curate) more scintillating content...  Please..I will take precious time out of my day..just to check this Board every hour...

Hmmm... I guess it's clear now that China is winning the "trade war" with the US ...

[btstodamoon]

fuck alt

[bitstopia2049]

now it's also a good time to borrow bitEUR.

Isn't this BTC bull run another marketing window of opportunity to raise the profile of BTS?

It seems like now would be a good time for whales and a thousand dolphins to be top producers of BitShares stablecoins

As this bull market  run continues where are the traders going to store their profits...?    On June 9 BTC ~   $7600

USDT given its history and lack of transparency is still very risky....the crypto equivalent of the Federal Reserve...i.e "printing money out of thin air"

Others such as USDC are centrally controlled...KYC/AML..have capabitlity to freeze user accounts at anytime;  .ERC20 based tokens GUSD, TrueUSD  -- same issues plus network capacity issues in volatile environment.
(.i.e slow transaction speeds)

bitUSD, bitCNY, bitEuro, bitGold bitXXX -  should be marketed as very attractive and practical stores of value...(decentralized, transparent, fast, trustless, settlement mechanism, etc) especially if BTS price rises simultaneously..

Right now there is a very strong inverse relationship between BTC and Altcoins (all managed by bots I'll assume)
Obviously BTS needs to distinguish itself and hopefully be able to move in tandem with the BTC bullrun...

so to do that... it concurrently needs an increase in its utility value...e.g. those stablecoins being accepted by any major consumer goods retailer or services vendor or payment processor in the US-Europe-Asia regions

{any follow up news re: Wirex;  Huobi ---   https://cointelegraph.com/news/united-states-crypto-platform-huobicom-launches-fiat-crypto-trading }

OR

 A major manufacturer like Samsung that wants to increase sales of their Galaxy S10  to capitalize on the additonal attention cryptocurrencies will garner from major news media and average consumers as BTC price rises...
A separate Samsung backed subsidiary could be the first corporate  market maker  in bitKRW or any other smartcoin
https://bitsharestalk.org/index.php?topic=27733.msg328527#msg328527
 
and bring consumer attention to their "blockchain enabled mobile device"
https://www.newsbtc.com/2019/02/21/underestimate-samsung-galaxy-s10-crypto-millions-exposed-bitcoin/

How else will Samsung compete against LIBRA  coin (initially backed by Facebook,,MasterCard, Visa, PayPal, Uber, eBay, Vodafone and Mercy Corp with potentially more to come..)
or maybe a future similar Google or Amazon created consortium?

I wonder what kind of comparative analysis Samsung has done considering all the cost, technical,legal and administrative tasks needed to develop, manage,& update their own blockchain and cryptocurrency...versus using the gift that is BTS?
(I inquired months ago..but I guess the Foundation has been too busy to reach out via email to Samsung....{where's a DeCEO when you need one}

The increase in utility value will also help RETAIN any increase in the BTS price so speculators can't short it to hell like they normally do.
....and the decentralized nature of  smart asset creation will also be seen as an antidote to the potential threat from LIBRA type coins...

This time if BTC revisits its ATH, I don't think it will be going back too far below that price ever again...(at least not for an extended period)...Institutional investors are also subject to greed, FOMO ,etc.
(not to mention that QE, ZIRP and other policies have made fiat very "unhealthy")
 
The next BTC halvening is approximately May 2020...Libra is expected to debut in the first half of 2020 (although it does face regulatory and politcal hurdles...on the other hand enough politicians are easily bought to overcome this..)


It's impossible to predict the future,but...

      "Black swan logic makes what you don’t know far more relevant than what you do know"

If fortune smiles.. and the above kind of events happen simultaneously..

Well could a positive Black Swan be on the horizon?   BTS >>> $1.00   CNY 7   (market cap  ~US$ 2.7 billion)


Even today BTS is only   0.0821%   of BTC market cap   { ~ US$ 243.5 Billion }     (ETH 37,  LTC 8.4,  EOS 6.7, USDT 3.6   and BTS  0.2 Bilion 

... and ironically what crypto at the moment is  ~  >US$ 2.6 Billion     CARDANO....(Charles Hoskinson, its CEO is another Dan Larimer former running mate !  ---  If Bytemaster was CEO of BTS what would the price be? )

Why is BTS not at least 1 - 2% of BTC market cap and ahead of CARDANO ?  ( I am not familiar wiith pros & cons of Cardano relative to BTS..so I'm just asking )


               A Wise Man Knows He Doesn’t Know Anything

Taleb promotes a focus on “anti-knowledge”, such as a focus on what we don’t know.

He says we should not try to predict them but adjust to them. And when we adjust to them, we can position ourselves not only to limit the downsides, but also to take advantage of possibly positive black swans, what he calls “serendipitous black

swans”.
               We need to adjust to black swan existence instead of naively trying to predict them



Maybe the first "adjustment" is ... a greater production of bitUSD...bitCNY...bitEuro...bitKRW...bitGold...?    ( & maybe a shot of epinephrine for the Foundation  :-)

[bitstopia2049]

The key point is how to use it after borrowing out？

Buy bts or other token？

Lend it？how?

https://medium.com/@anunimo/worlds-first-live-streamed-mouse-racing-micerace-com-accepting-only-crypto-bitcoins-as-bets-aa1efc5988ba

Why not ...?

A use case for smartcoins...and maybe a BTS positive black swan...

 
It's on 24/7, global, needs user friendly stable coins for bets instead of satoshis,.

& BTS blockchain obviously has faster confirmation times compared to BTC, (bettors can reload their accounts faster with cheaper network fees)

If CryptoKitties became so popular that its ERC-20 token could bring the ETH network to a crawl..

If Dogecoin phenomenon can produce a higher market cap value for its token holders than BTS

It might seem like a wild longshot...but is the crypto market any more rational?

It's quite fun actually...I tried it...LOL!

I'm sure the BTS marketing worker can reach out to the operators and get hooked up within a day..

again... Why not?  people bet on horses, dogs, every sports game imaginable...

[bench]

I prefer the Norns over FIAT pegged bitassets. 👍

Why?

[Crypto Kong]

Until there are on chain incentives to create smartcoins and provide liquidity with them, there will be no serious supply increase. It's about time liquidity providers were rewarded, at the moment its all risk and no reward.

When someone creates a smartcoin there should be a mechanism that rewards the user with BTS for safe collateral ratios and for placing the smartcoins on the books. Rewards would only be paid out to users with CR above 3 for example for a period of time at which those orders remained on the books within say 5% of the market centre price, the closer to the centre price and higher the call ratio the better the reward.

Combine this with a maker/ taker fee schedule and you will see people start to take a real interest in creating smartcoins and providing liquidity with them.

BitShares is no different from any other exchange in the sense that it needs to incentivise liquidity providers if it wants to succeed.

[bitstopia2049]

Since you don't care about major TA signals what event is bitshares going to produce in next 30 days which in your opinion will impact the price more than major trends ?
I'm asking cause i do also belive that some events are stronger than market trends.

IN SEARCH OF THE POSITIVE BLACK SWAN

"Black swan logic makes what you don’t know far more relevant than what you do know"

In re-reading some of Nicholas Taleb writings...

Fooled By Randomness Summary   
https://fourminutebooks.com/fooled-by-randomness-summary/

1-Sentence-Summary: Fooled By Randomness explains how luck, uncertainty, probability, human error, risk, and decision-making work together to influence our actions,
set against the backdrop of business and specifically, investing, to uncover how much bigger the role of chance in our lives is, than we usually make it out to be.

http://amzn.to/2BMueBS

Lesson 1: Life isn’t fair, which makes the rewards of continued effort excessively big.

I think BTS has to get on the "right" path and reach a "tipping point" ..

======

Below is an excerpt from the intro to one reviewer's opinion regarding the Black Swan...

the complete text is here..
https://thepowermoves.com/the-black-swan/


{Quoting the reviewer}

   " In this (personal) essay, I stick my neck out and make a claim, against many of our habits of thought, that our world is dominated by the extreme, the unknown, and the very improbable (improbable according our current knowledge)–and all the while we spend our time engaged in small talk, focusing on the known, and the repeated.

    This implies the need to use the extreme event as a starting point and not treat it as an exception to be pushed under the rug.  I also make the bolder (and more annoying) claim that in spite of our progress and the growth in knowledge, or perhaps because of such progress and growth, the future will be increasingly less predictable, while both human nature and social “science” seem to conspire to hide the idea from us."


                  What’s a Black Swan

A black swan is a highly improbable event that catches most everyone by surprise and can potentially disrupt human activities or create havoc.

Conversely, a highly expected event not happening is also a black swan.

Nassim Nicholas Taleb says that a small number of black swans explain almost everything in our world, from religions to historical events to our own personal lives.

As the world became more complicated and interconnected, the potential effects of predictable events decreases while the potential effects of black swans has further increased.

 A BLACK SWAN IS A LOW PROBABILITY, LARGE IMPACT EVENT


               You Cannot Measure Black Swans

Black swans, by their own nature of being so unlikely and lying outside most people’s grasp, are extremely difficult to measure and compute.

The unmeasurability of black swan and the human tendency of discounting their very possibility, is a central tenet in the book.

Nassim Nicholas Taleb has had first hand experience in a field highly susceptible to black swans and yet theoretically full of data and measures.
That field is finance and trading.
Taleb mocks and taunts the mathematical models of investment banks, saying they all operated under the false assumption that there are tools to measure uncertainty.

The author says that many models of portfolio and risk management exclude the possibility of a black swan.
This was the case for Long Term Capital Management, where the Nobel-prize winning founders, so sure of their mathematical models, loaded up on risk and created a time bomb. At the very first black swan, within a few years of its inception, LTCM risked taking the whole financial system down - turns out that “long term” is relative -


In particular..


                     A Wise Man Knows He Doesn’t Know Anything

Taleb promotes a focus on “anti-knowledge”, such as a focus on what we don’t know.

He says we should not try to predict them but adjust to them. And when we adjust to them, we can position ourselves not only to limit the downsides, but also to take advantage of possibly positive black swans, what he calls “serendipitous black swans”.
         
                            We need to adjust to black swan existence instead of naively trying to predict them


I try to advocate for marketing workers to "try something different"... i.e.  since "success" is path-dependent and non-linear... why not initiate activity on a new course that may lead to a positive black swan for BTS?

I don't know what will happen in the next 30 days...and if I apply an "anti-knowledge" perspective to what I do know --  i.e. conventional marketing methods have been tried for years, in a very competitive and technologically dynamic environment, but to date have yielded disappointing financial results --

I think new marketing strategies should be undertaken that avoid what Taleb calls

The Round-Trip Error

."... the tendency to confuse “no evidence of black swans as evidence of no black swans”.


i.e. just because there is an absence of evidence that a particular marketing strategy has worked in the past should not allow for conscious or subconscious bias to dismiss the strategy as infeasible or unworkable or DOA (dead on arrival).   
Black swans exist whether we want to believe or not... by definition they are low probability events but. NOT IMPOSSIBLE events..

BTS needs a POSITIVE Black Swan..

[bitcrab]

now it's also a good time to borrow bitEUR.

[R]

If CEX offered the ability to borrow bitCNY using BTS directly on their CEX (borrowing on BTS DEX on their behalf) perhaps you'd see more borrowers?

[BTSMoon]

我觉得搞错对象了，每个人的玩法还有可承受风险是不一样的，你应该去拉抵押ETH借DAI的那些人。

[bitstopia2049]

in your eyes anytime the market is in down trend and we shouldn't do anything until the up trend come.

some CEXs has adopted CNY as base currency but suffered the shortage of bitCNY and finally unlisted it.

currently the key task is to guarantee the bitCNY supply.

No, that is your claim.Its a reason why some people don't borrow currently.I'm  fully in stablecoin and observing some bigger players who do borrow i also saw they exchanged part of their debt to stablecoins.

I agree that main focus should be now to provide supply of stable coins but we have also to accept that current stable coins can be mainly only used to buy directly BTS.
First goal should be to make stable coins more attractiv to be able to buy other major coins anytime at market prices and giving holders of stable coins the possibility to use it on diffrent exchanges with small spread in prices.

Frankly ..I don't put too much weight behind TA (technical analysis)...because at then end of the day..it's all a reflection of mass psychology... that's why $billions are spent on advertising every day..

how else does one explain the valuation of Dogecoin(#29) while BTS is (#51).... or CryptoKitties..

I think social, economic, financial and politcal events will impact price more than anything else...

You never know what kind of motivation will move markets...

 https://bitcoinist.com/how-the-mega-rich-buy-their-bitcoin

https://bitcoinist.com/bitcoin-exchange-site-traffic-may-coinbase-binance/

1.Leverage via stablecoins which makes BTS more volatile.It also means that BTS will rise way quicker in an uptrend than dodgecoin .
2.Way better marketing and adoption of dodgecoin.For me it currently seems bitshares oversleept marketing and adoption compared to other coins which it needs now to catch up quickly.

A good refference point is DAI.
How does it come that DAI is already listed everywhere where bitshares or its stablecoins try to get implemented?

Since you don't care about major TA signals what event is bitshares going to produce in next 30 days which in your opinion will impact the price more than major trends ?
I'm asking cause i do also belive that some events are stronger than market trends.

I agree with you...Marketing has to generate multiple consumer use cases for smartcoins in order to have steady growth and adoption..

Right now BTS needs a "spark" or catalyst to spike the demand...

I sent you a PM

[bitcrab]

the smartcoin supply cannot even satisfy the needs for trading with BTS, how to supply them for trading with others?

the problem of bitCNY is different with DAI, because ETH has a much bigger market cap than BTS, so 2% ETH as collateral can make DAI close to over supplied. how can bitCNY to get this?

we need first to make BTS price to go above 6 CNY and then can talk the smartcoin economy. can talk bitCNY adoption in otherwhere.

I'll let you know that you do not always have chance to buy so cheap BTS.

current BTS is not so volatile as before.

[Thul3]

in your eyes anytime the market is in down trend and we shouldn't do anything until the up trend come.

some CEXs has adopted CNY as base currency but suffered the shortage of bitCNY and finally unlisted it.

currently the key task is to guarantee the bitCNY supply.

No, that is your claim.Its a reason why some people don't borrow currently.I'm  fully in stablecoin and observing some bigger players who do borrow i also saw they exchanged part of their debt to stablecoins.

I agree that main focus should be now to provide supply of stable coins but we have also to accept that current stable coins can be mainly only used to buy directly BTS.
First goal should be to make stable coins more attractiv to be able to buy other major coins anytime at market prices and giving holders of stable coins the possibility to use it on diffrent exchanges with small spread in prices.

Frankly ..I don't put too much weight behind TA (technical analysis)...because at then end of the day..it's all a reflection of mass psychology... that's why $billions are spent on advertising every day..

how else does one explain the valuation of Dogecoin(#29) while BTS is (#51).... or CryptoKitties..

I think social, economic, financial and politcal events will impact price more than anything else...

You never know what kind of motivation will move markets...

 https://bitcoinist.com/how-the-mega-rich-buy-their-bitcoin

https://bitcoinist.com/bitcoin-exchange-site-traffic-may-coinbase-binance/

1.Leverage via stablecoins which makes BTS more volatile.It also means that BTS will rise way quicker in an uptrend than dodgecoin .
2.Way better marketing and adoption of dodgecoin.For me it currently seems bitshares oversleept marketing and adoption compared to other coins which it needs now to catch up quickly.

A good refference point is DAI.
How does it come that DAI is already listed everywhere where bitshares or its stablecoins try to get implemented?

Since you don't care about major TA signals what event is bitshares going to produce in next 30 days which in your opinion will impact the price more than major trends ?
I'm asking cause i do also belive that some events are stronger than market trends.

[bitstopia2049]

this current (BTC) somewhat bullish market sentiment

Where do you see a bullish market sentiment ?

Weekly candle just confirmed of trend change



Also the use case of bitassets is currently very limited with big spreads when you watch major assets volume against bitassets.
BitCNY on a major CEX with cross trading and mirrored offers via DEXbot (on DEX,ZB,AEX and major CEX) could make a big diffrence making these bitassets more attractive again closing the gap and increasing the volume and liquidity.

Frankly ..I don't put too much weight behind TA (technical analysis)...because at then end of the day..it's all a reflection of mass psychology... that's why $billions are spent on advertising every day..

how else does one explain the valuation of Dogecoin(#29) while BTS is (#51).... or CryptoKitties..

I think social, economic, financial and politcal events will impact price more than anything else...

You never know what kind of motivation will move markets...

 https://bitcoinist.com/how-the-mega-rich-buy-their-bitcoin

https://bitcoinist.com/bitcoin-exchange-site-traffic-may-coinbase-binance/

[bitcrab]

Lend it maybe better for the big holder.

add leverage to buy more BTS
sell BTS to reduce leverage.
based on the judgement of the market trend.

not easy to say which is better, the key point is how to control the risk via adjusting leverage, either lending or buying more BTS you have to face hand handle this problem.

[binggo]

Lend it maybe better for the big holder.

add leverage to buy more BTS
sell BTS to reduce leverage.
based on the judgement of the market trend.

[bitcrab]

Where do you see a bullish market sentiment ?

Weekly candle just confirmed of trend change

Also the use case of bitassets is currently very limited with big spreads when you watch major assets volume against bitassets.
BitCNY on a major CEX with cross trading and mirrored offers via DEXbot (on DEX,ZB,AEX and major CEX) could make a big diffrence making these bitassets more attractive again closing the gap and increasing the volume and liquidity.

in your eyes anytime the market is in down trend and we shouldn't do anything until the up trend come.

some CEXs has adopted CNY as base currency but suffered the shortage of bitCNY and finally unlisted it.

currently the key task is to guarantee the bitCNY supply.

[bitcrab]

The key point is how to use it after borrowing out？

Buy bts or other token？

Lend it？how?

add leverage to buy more BTS
sell BTS to reduce leverage.
based on the judgement of the market trend.

[binggo]

The key point is how to use it after borrowing out？

Buy bts or other token？

Lend it？how?

[Thul3]

this current (BTC) somewhat bullish market sentiment

Where do you see a bullish market sentiment ?

Weekly candle just confirmed of trend change



Also the use case of bitassets is currently very limited with big spreads when you watch major assets volume against bitassets.
BitCNY on a major CEX with cross trading and mirrored offers via DEXbot (on DEX,ZB,AEX and major CEX) could make a big diffrence making these bitassets more attractive again closing the gap and increasing the volume and liquidity.

[bitstopia2049]

You have a million USD, you should go get a collateralized loan so the bank has more money to use.

Yes, that's the logic for the smartcoin economy to become prosperous.

surely this is not saying "responsibility" or "job", it's saying there is incentive for whales to do so.

and it seems few are interested in doing so, it's somehow disappointing.

I plan to contact more rich persons and try to lobby them to become smartcoin producers.

it's very possible that some time in recent future the chance to buy big amount of BTS under 0.5CNY will disappear, will you feel regret?

The images did not display properly ?

I would guess that the whales would produce more smart coins if they can be convinced that the demand will continue to grow
along with this current (BTC) somewhat bullish market sentiment and make it worthwhile for them over the longer term..

I sent a PM to you with an idea to grow demand

[bitcrab]

You have a million USD, you should go get a collateralized loan so the bank has more money to use.

Yes, that's the logic for the smartcoin economy to become prosperous.

surely this is not saying "responsibility" or "job", it's saying there is incentive for whales to do so.

and it seems few are interested in doing so, it's somehow disappointing.

I plan to contact more rich persons and try to lobby them to become smartcoin producers.

it's very possible that some time in recent future the chance to buy big amount of BTS under 0.5CNY will disappear, will you feel regret?

[iamredbar]

I don’t think that it is a whales job to accumulate debt. That is actually the opposite of being financially responsible (in a personal sense).

To me, this is sort of like saying: You have a million USD, you should go get a collateralized loan so the bank has more money to use.

[R]

I prefer the Norns over FIAT pegged bitassets. 👍

[binggo]

Some come to bitCNY 

[bitcrab]

as shown below, some top whales has big amount of BTS and 0 debt.

I just wonder what kind of thoughts lead to this? do they all hold the policy that "buy while cheap and sell while expensive, do not borrow"?

bitUSD is still in big shortage and has a 2%+ premium, it will be good for more stake holder to borrow bitUSD and release(via buying BTS or others) to the market, right?

in the past, it seems the  "buy while cheap and sell while expensive, do not borrow" policy behaved well, "shorts and buy back" policy behaved even better, right?

we have done a lot change to make the rules more friendly to longs, help the system to resist shorting attack.

Target CR, MSSR reduction.

I hope these changes will make "borrow and buy" policy better than the "0 debt" policy.

if when bitUSD is in such a big shortage and high premium but only few users want to borrow bitUSD and release to the market, it's hard to say the changes succeed.