Author Topic: AVG2907 dumping price massivly ?  (Read 1286 times)

0 Members and 1 Guest are viewing this topic.

Offline binggo

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #15 on: September 01, 2019, 12:56:33 am »
LOL
Is this your argument ?

I don't want any argument, anyone have their thought, think what they do or think is the right way.
« Last Edit: September 01, 2019, 01:03:26 am by binggo »

Offline binggo

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #16 on: September 01, 2019, 09:27:53 am »
zulus2938
dhetra9283
Most of the USDT come from openledger-wallet and openledger-dex

not one person

very clever, know to dump every market
https://bts.ai/u/poloniexwallet

3M BTS can dump the price down 5.6%,  so perfect.
« Last Edit: September 01, 2019, 10:00:46 am by binggo »

Online Thul3

  • Sr. Member
  • ****
  • Posts: 327
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #17 on: September 01, 2019, 10:13:58 am »
Again dump on poloniex which caused again the price drop.

On huobi you can see somebody is trying to add sellpressure using 250k BTS without selling them



Here next bigger dump coming

http://bts.ai/u/avg2907
« Last Edit: September 01, 2019, 10:16:14 am by Thul3 »

Offline binggo

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #18 on: September 01, 2019, 10:15:33 am »
Again dump on poloniex which caused again the price drop.

On huobi you can see somebody is trying to add sellpressure using 250k BTS without selling them

They are waiting the price feed down.

Online Thul3

  • Sr. Member
  • ****
  • Posts: 327
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #19 on: September 01, 2019, 10:16:58 am »
Again dump on poloniex which caused again the price drop.

On huobi you can see somebody is trying to add sellpressure using 250k BTS without selling them

They are waiting the price feed down.

Yes thats why a OMO fund on DEX only has no sense as attacks are being executed on CEX.

Offline binggo

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #20 on: September 01, 2019, 11:11:54 am »
Again dump on poloniex which caused again the price drop.

On huobi you can see somebody is trying to add sellpressure using 250k BTS without selling them

They are waiting the price feed down.

Yes thats why a OMO fund on DEX only has no sense as attacks are being executed on CEX.

I think you need this:
https://trans.bitkk.com/lever/btsqc
« Last Edit: September 01, 2019, 11:26:49 am by binggo »

Offline bench

Re: AVG2907 dumping price massivly ?
« Reply #21 on: September 01, 2019, 11:24:06 am »
Yes thats why a OMO fund on DEX only has no sense as attacks are being executed on CEX.
At least not in the current form. Which modifications should we do?
Be part of the change and vote for the bitshares-vision proxy!

Offline binggo

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #22 on: September 01, 2019, 12:20:42 pm »
Again dump on poloniex which caused again the price drop.

On huobi you can see somebody is trying to add sellpressure using 250k BTS without selling them

They are waiting the price feed down.

Yes thats why a OMO fund on DEX only has no sense as attacks are being executed on CEX.

I will give some solutions:

First step:
Implement this BSIP:https://github.com/bitshares/bsips/issues/161

Second step:
Change the price feed rule; maybe i will give the details.

Third step:
Implement these BSIP:
https://github.com/bitshares/bsips/issues/164
https://github.com/bitshares/bsips/issues/194

Forth setp:
Use the market fee of bitasset and the fees from third step as a fund.

The fund will buy GDEX.BTC or OPEN.BTC, and will maintain the price in the market GDEX.BTC/BTS or OPEN.BTC/BTS when the price was dump down .

Offline bench

Re: AVG2907 dumping price massivly ?
« Reply #23 on: September 01, 2019, 07:09:41 pm »
First step:
Implement this BSIP:https://github.com/bitshares/bsips/issues/161

Third step:
Implement these BSIP:
https://github.com/bitshares/bsips/issues/164
https://github.com/bitshares/bsips/issues/194
Why are you so ignorant ? Adding a penalty to margin positions with a margin call fee, does the exact opposite. Suppresses price further.

The solution is already in front of you, but you are blind:
https://github.com/bitshares/bsips/issues/182
Be part of the change and vote for the bitshares-vision proxy!

Online abit

  • Committee member
  • Hero Member
  • *
  • Posts: 3702
    • View Profile
    • Steemit Blog
  • BitShares: abit
  • GitHub: abitmore
Re: AVG2907 dumping price massivly ?
« Reply #24 on: September 01, 2019, 09:04:46 pm »
zulus2938
dhetra9283
Most of the USDT come from openledger-wallet and openledger-dex

not one person
It's not the USDT that matters, it's the bitUSD that matters. OpenLedger is only a gateway.

The trader sells BTS for BTC at Poloniex and then sells BTC for USDT, then deposits USDT to the Dex via OpenLedger. To implement the loop, need some people to sell bitUSD to him for USDT.


Quote
3M BTS can dump the price down 5.6%,  so perfect.
It looks like a flaw in the design of MPA that it's possible to dump 3M BTS to trigger margin call of 30M of BTS. My solution to this flaw was BSIP42: do not trigger margin calls when it's "unfair", either by reducing MCR or by feeding higher price. However, in a down trend, this solution may increase the possibility of a black swan event, which is again decided by the trading price regardless of liquidity or volume thus suffers the same flaw. On the other hand, it's hard to judge what's "fair", whether the reason to "protect" the debt position holders is strong enough.

Obviously, there is lack of incentive for traders to buy BTS. We need to attract capital to buy BTS, which is the only way to prevent the price from dropping. So the question become: what are the reasons for people to buy BTS or to hold BTS? How to value the BTS token, and how to add value to it? On this topic, I wrote some thoughts recently:
* https://github.com/bitshares/bsips/issues/194
* https://github.com/bitshares/bsips/issues/191
BTS account: abit
BTS committee member: abit
BTS witness: in.abit

Offline Customminer

  • Hero Member
  • *****
  • Posts: 703
  • Bitshares FTW!
    • View Profile
  • GitHub: grctest
Re: AVG2907 dumping price massivly ?
« Reply #25 on: September 01, 2019, 11:10:36 pm »
Quote
this solution may increase the possibility of a black swan event
Global Settlement*. Since BSIP18 the black swan scenario has solutions, thus this term is outdated.

Offline binggo

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #26 on: September 01, 2019, 11:13:09 pm »
First step:
Implement this BSIP:https://github.com/bitshares/bsips/issues/161

Third step:
Implement these BSIP:
https://github.com/bitshares/bsips/issues/164
https://github.com/bitshares/bsips/issues/194
Why are you so ignorant ? Adding a penalty to margin positions with a margin call fee, does the exact opposite. Suppresses price further.

The solution is already in front of you, but you are blind:
https://github.com/bitshares/bsips/issues/182

You still didn't understand the market and somthing, blind is your heart.

If you want argument, so let's do it all the day.

Don't act like a kid in thougt and action, and I didn't have interest in your BSIP which i have thought and polish long long time ago...
« Last Edit: September 01, 2019, 11:36:53 pm by binggo »

Offline binggo

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #27 on: September 01, 2019, 11:16:28 pm »
Quote
this solution may increase the possibility of a black swan event
Global Settlement*. Since BSIP18 the black swan scenario has solutions, thus this term is outdated.

Global Settlement is a bad solutions, it can't solve any problem, if it can, so let we check the bitbtc and bitgold.

Offline binggo

  • Hero Member
  • *****
  • Posts: 1366
    • View Profile
Re: AVG2907 dumping price massivly ?
« Reply #28 on: September 01, 2019, 11:33:36 pm »
https://github.com/bitshares/bsips/issues/194
https://github.com/bitshares/bsips/issues/161
https://github.com/bitshares/bsips/issues/164

I think these bsips can help to fix the flaw,so dump 3M bts will not very easy to trgger margin call of 30M BTS.

FLAW alway exsit,if he didn't want any profit and just want to dump it.

It looks like a flaw in the design of MPA that it's possible to dump 3M BTS to trigger margin call of 30M of BTS. My solution to this flaw was BSIP42: do not trigger margin calls when it's "unfair", either by reducing MCR or by feeding higher price. However, in a down trend, this solution may increase the possibility of a black swan event, which is again decided by the trading price regardless of liquidity or volume thus suffers the same flaw. On the other hand, it's hard to judge what's "fair", whether the reason to "protect" the debt position holders is strong enough.

Obviously, there is lack of incentive for traders to buy BTS. We need to attract capital to buy BTS, which is the only way to prevent the price from dropping. So the question become: what are the reasons for people to buy BTS or to hold BTS? How to value the BTS token, and how to add value to it? On this topic, I wrote some thoughts recently:
* https://github.com/bitshares/bsips/issues/194
* https://github.com/bitshares/bsips/issues/191
« Last Edit: September 02, 2019, 12:12:19 am by binggo »

Offline bitProfessor

Re: AVG2907 dumping price massivly ?
« Reply #29 on: September 01, 2019, 11:55:58 pm »
Avg2907 is not the main reason,Someone sold bts above 400k+, the purpose is to eat the mortgage at a low price.