Author Topic: Listing BitUSD on centralized exchanges?  (Read 5251 times)

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Offline bitcoinerS

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Listing BitUSD on centralized exchanges?
« on: July 29, 2014, 09:22:33 pm »
I wonder what it would take to list and trade BitUSD (after it works well on Bitshare X exchange) on regular centralized exchanges. If market peg holds, BitUSD is likely to be a very popular "coin", as well as, likely a few other synthetic assets. Any plans on making it possible to trade Bitshares "derivative" assets on central exchanges?
>>> approve bitcoiners

Offline speedy

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Re: Listing BitUSD on centralized exchanges?
« Reply #1 on: July 29, 2014, 10:37:40 pm »
+5%

BitUSD Should be listed on coinmarketcap too :)

Offline luckybit

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Re: Listing BitUSD on centralized exchanges?
« Reply #2 on: July 29, 2014, 10:42:23 pm »
I wonder what it would take to list and trade BitUSD (after it works well on Bitshare X exchange) on regular centralized exchanges. If market peg holds, BitUSD is likely to be a very popular "coin", as well as, likely a few other synthetic assets. Any plans on making it possible to trade Bitshares "derivative" assets on central exchanges?

Why would a centralized exchange want to list something which could put them out of business?
Maybe so people can cash out BitUSD but thats about it.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #3 on: July 29, 2014, 10:52:13 pm »
I wonder what it would take to list and trade BitUSD (after it works well on Bitshare X exchange) on regular centralized exchanges. If market peg holds, BitUSD is likely to be a very popular "coin", as well as, likely a few other synthetic assets. Any plans on making it possible to trade Bitshares "derivative" assets on central exchanges?

Why would a centralized exchange want to list something which could put them out of business?
Maybe so people can cash out BitUSD but thats about it.

Actually, everything that is now traded in BTC will be traded in bitUSD... if all goes as planed.

Offline Empirical1

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Re: Listing BitUSD on centralized exchanges?
« Reply #4 on: July 29, 2014, 11:23:17 pm »
I'm not sure about these things but I don't think it's possible. If it was, it just becomes an IOU so would be no better and probably worse by comparison than the currency options some centralised exchanges already offer.

Potentially tracking the CAP on coinmarketcap could be good & maybe possible. 



Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #5 on: July 29, 2014, 11:30:38 pm »
@Empirical1 not it is far more than IOU


 mostly
@luckybit

Not only bitUSD is not a coin!
I have even more scary news for you. It is NOT MINED!
I sincerely hope those news did not caused you any heart attacks!

Offline Empirical1

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Re: Listing BitUSD on centralized exchanges?
« Reply #6 on: July 29, 2014, 11:33:38 pm »
@Empirical1 not it is far more than IOU

When you try take it off the X blockchain and put it on a centralised exchange, even if it were possible, it becomes just an IOU, no?

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #7 on: July 29, 2014, 11:38:28 pm »
What do you mean take it off the blockchain?

It will be taken off the blockchain at the centralized exchanges as much as BTC (or any other coin) is taken from the blockchain at said exchanges.

Offline biophil

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Re: Listing BitUSD on centralized exchanges?
« Reply #8 on: July 29, 2014, 11:39:43 pm »
My first reaction is "of course it will be listed on centralized exchanges!" Luckybit has a good point, but the reality us that if it puts centralized exchanges out of business, it will do so whether they list it or not. So sure, maybe some exchanges will put their heads in the sand and pretend bitusd doesn't exist, but the exchanges that last the longest will be the ones that embrace the new paradigm and profit from bitusd's dominance. Any exchange that lists bitusd will make a killing as it starts to overtake bitcoin as the default unit of account in the crypto world.

The thing is, if an exchange wants to list bitusd, there isn't a damn thing we could do about it even if we wanted to. Thus my conclusion that someone will certainly do it sooner or later.

Actually, I think day traders will always prefer centralized exchanges over decentralized ones because they're faster and they don't charge you fees to place orders. But that's just my hunch - I wouldn't put any money on it.

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Offline Empirical1

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Re: Listing BitUSD on centralized exchanges?
« Reply #9 on: July 29, 2014, 11:41:43 pm »
What do you mean take it off the blockchain?

It will be taken off the blockchain at the centralized exchanges as much as BTC (or any other coin) is taken from the blockchain at said exchanges.

bter already lets you keep CNY so why keep BitCNY on the exchange? With both you have to trust the exchange won't take your money but with BitCNY you have the additional risk of the peg not holding.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #10 on: July 29, 2014, 11:49:17 pm »
What do you mean take it off the blockchain?

It will be taken off the blockchain at the centralized exchanges as much as BTC (or any other coin) is taken from the blockchain at said exchanges.

bter already lets you keep CNY so why keep BitCNY on the exchange? With both you have to trust the exchange won't take your money but with BitCNY you have the additional risk of the peg not holding.

How easy is to deposit real USD in Bter (and all  cryto-only exchanges) ...
 yes in bret it will be CNY or bitCNY whatever you choose...
 And then again why they have bigger/more BTC markets than CNY markets?

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #11 on: July 29, 2014, 11:53:30 pm »
My first reaction is "of course it will be listed on centralized exchanges!" Luckybit has a good point, but the reality us that if it puts centralized exchanges out of business, it will do so whether they list it or not. So sure, maybe some exchanges will put their heads in the sand and pretend bitusd doesn't exist, but the exchanges that last the longest will be the ones that embrace the new paradigm and profit from bitusd's dominance. Any exchange that lists bitusd will make a killing as it starts to overtake bitcoin as the default unit of account in the crypto world.

The thing is, if an exchange wants to list bitusd, there isn't a damn thing we could do about it even if we wanted to. Thus my conclusion that someone will certainly do it sooner or later.

Actually, I think day traders will always prefer centralized exchanges over decentralized ones because they're faster and they don't charge you fees to place orders. But that's just my hunch - I wouldn't put any money on it.

Sent from my SCH-S720C using Tapatalk 2

ALL here assuming market peg USD - bitUSD.!!!!


They will put themselves out of business if they do not 'list' bitUSD.
And by list I mean open at least the same /bitUSD markets they have /BTC...

Offline Empirical1

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Re: Listing BitUSD on centralized exchanges?
« Reply #12 on: July 30, 2014, 12:04:50 am »
What do you mean take it off the blockchain?

It will be taken off the blockchain at the centralized exchanges as much as BTC (or any other coin) is taken from the blockchain at said exchanges.

bter already lets you keep CNY so why keep BitCNY on the exchange? With both you have to trust the exchange won't take your money but with BitCNY you have the additional risk of the peg not holding.

How easy is to deposit real USD in Bter (and all  cryto-only exchanges) ...
 yes in bret it will be CNY or bitCNY whatever you choose...
 And then again why they have bigger/more BTC markets than CNY markets?

If I'm understanding you, yes, you're right, if it's possible,  BitAssets mean crypto-only exchanges can maybe offer a lot more and bigger options because they are backed up on the X blockchain.

I still don't understand exactly if it's possible.
« Last Edit: July 30, 2014, 12:30:34 am by Empirical1 »

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #13 on: July 30, 2014, 12:15:22 am »
What do you mean take it off the blockchain?

It will be taken off the blockchain at the centralized exchanges as much as BTC (or any other coin) is taken from the blockchain at said exchanges.

bter already lets you keep CNY so why keep BitCNY on the exchange? With both you have to trust the exchange won't take your money but with BitCNY you have the additional risk of the peg not holding.

How easy is to deposit real USD in Bter (and all  cryto-only exchanges) ...
 yes in bret it will be CNY or bitCNY whatever you choose...
 And then again why they have bigger/more BTC markets than CNY markets?

If I'm understanding you, yes, you're right, if it's possible,  BitAssets mean crypto-only exchanges can maybe offer a lot more and bigger options because they are backed up on the X blockchain.

I still don't understand exactly if it's possible.

The only thing I do not understand is how you were so optimistic 2-3 weeks ago, if you did not realize that this is one of the ultimate goals! (i.e. taking over BTC, before taking over the USD/EUR/CNY )    :)

Offline Empirical1

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Re: Listing BitUSD on centralized exchanges?
« Reply #14 on: July 30, 2014, 12:23:17 am »
What do you mean take it off the blockchain?

It will be taken off the blockchain at the centralized exchanges as much as BTC (or any other coin) is taken from the blockchain at said exchanges.

bter already lets you keep CNY so why keep BitCNY on the exchange? With both you have to trust the exchange won't take your money but with BitCNY you have the additional risk of the peg not holding.

How easy is to deposit real USD in Bter (and all  cryto-only exchanges) ...
 yes in bret it will be CNY or bitCNY whatever you choose...
 And then again why they have bigger/more BTC markets than CNY markets?

If I'm understanding you, yes, you're right, if it's possible,  BitAssets mean crypto-only exchanges can maybe offer a lot more and bigger options because they are backed up on the X blockchain.

I still don't understand exactly if it's possible.

The only thing I do not understand is how you were so optimistic 2-3 weeks ago, if you did not realize that this is one of the ultimate goals! (i.e. taking over BTC, before taking over the USD/EUR/CNY )    :)

 :) I thought people would use a centralised exchange/ATM etc.  to buy BTSX and once they had BTSX then they would trade BitAssets on the X blockchain. It still seemed huge.

Edit: I still don't really get the value of storing the BitAssets on a centralised exchange.     

« Last Edit: July 30, 2014, 12:29:49 am by Empirical1 »

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #15 on: July 30, 2014, 12:29:16 am »

No it gonna be bitUSD taking over the world!

BTSX will be just the foundation on which bitUSD exists!


PS Funny how I turned out to be the bigger optimist at the end...

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Re: Listing BitUSD on centralized exchanges?
« Reply #16 on: July 30, 2014, 12:33:59 am »
BTSX still needs a legacy connection of course.  I see the exchanges focusing on that and more specialized low latency front ends essentially built on top of the BTSX platform.

The more exchanges that adopt a bitUSD or BTSXasset, the more stable all exchanges get, through arbitrage.  and likely an increased overall trading volume.  I think it works to their favor to include it, across the board.


No it gonna be bitUSD taking over the world!

BTSX will be just the foundation on which bitUSD exists!


PS Funny how I turned out to be the bigger optimist at the end...

Except that bitUSD will ultimately be subject to the same fate as USD.  And that one, we know, may not last much longer.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #17 on: July 30, 2014, 12:38:52 am »

Except that bitUSD will ultimately be subject to the same fate as USD.  And that one, we know, may not last much longer.

USD is a figure of speech. It is any  fiat currency you like. As for gold standard... it will come but I am too old to think it will be in my lifetime :)   I just turned 40....

Offline Empirical1

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Re: Listing BitUSD on centralized exchanges?
« Reply #18 on: July 30, 2014, 12:40:37 am »

Except that bitUSD will ultimately be subject to the same fate as USD.  And that one, we know, may not last much longer.

USD is a figure of speech. It is any  fiat currency you like. As for gold standard... it will come but I am too old to think it will be in my lifetime :)   I just turned 40....

I think some gold standard will come within 5 years myself.

Edit: Happy 40th!  :)
« Last Edit: July 30, 2014, 12:49:57 am by Empirical1 »

Xeldal

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Re: Listing BitUSD on centralized exchanges?
« Reply #19 on: July 30, 2014, 01:00:13 am »

Except that bitUSD will ultimately be subject to the same fate as USD.  And that one, we know, may not last much longer.

USD is a figure of speech. It is any  fiat currency you like. As for gold standard... it will come but I am too old to think it will be in my lifetime :)   I just turned 40....

as quick as bit*FIAT will be everywhere, so will bitGOLD.  Im 35 this year and I certainly expect it in mine. 

I figure gold will just naturally be the 'standard' unit of measure for value, eventually.  It will take USD not making sense anymore, for that to change.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #20 on: July 30, 2014, 01:09:26 am »

Except that bitUSD will ultimately be subject to the same fate as USD.  And that one, we know, may not last much longer.

USD is a figure of speech. It is any  fiat currency you like. As for gold standard... it will come but I am too old to think it will be in my lifetime :)   I just turned 40....

as quick as bit*FIAT will be everywhere, so will bitGOLD.  Im 35 this year and I certainly expect it in mine. 

I figure gold will just naturally be the 'standard' unit of measure for value, eventually.  It will take USD not making sense anymore, for that to change.

Let's teach 75% of the population what bitUSD is.
Then we will teach them about bitGold.
One "small" step at a time.

Offline bitmeat

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Re: Listing BitUSD on centralized exchanges?
« Reply #21 on: July 30, 2014, 02:15:45 am »
Simeon II, I admire your optimism of BitUSD taking over BTC.

However, few notes:

1) Putting BitUSD on the exchanges would be a huge risk for them, as it will need to be backed by a collateral in BTSX. So when you hold a BitUSD position, you also need to have a big BTSX balance, to cover your position in case of a margin call. You can't really just hold a BitUSD position, without allocating desired BTSX to cover it. And the level of comfort with respect to margin call risk vary by each individual. So, I'm not saying it's impossible, it's just it won't be as simple as most picture it. In fact you will have to deposit BTSX on the exchange, and then the exchange would have to take and hold the BitUSD position on your behalf. At least that's how I understand it. Correct me if I am wrong. And of course they might change how it works by the time it's live (dry run 22? hehe) .

2) The strongest point BTC has is that it is now tied very closely with gateways to FIAT. Although still murky, regulations are starting to shape up, and big businesses are starting to use it. I'm almost certain no FIAT gateway, VC or public company would want to touch BitUSD, not for the foreseeable future. Actually let me rephrase that, they would LOVE to use it, but they will find themselves in a legal minefield and unable to find something within their comfort zone. May be that minefield will clear up with time.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #22 on: July 30, 2014, 02:31:52 am »

1) Putting BitUSD on the exchanges would be a huge risk for them, as it will need to be backed by a collateral in BTSX. So when you hold a BitUSD position, you also need to have a big BTSX balance, to cover your position in case of a margin call.


Well two things …on 2 totally deferent levels.

- When I say something, and when BM says exactly the same thing -they sound different. So, all posters in this thread, feel free to  ask BM directly, as in ‘how he sees it working’.

-As for my point of view bitUSD is already backed by BTS X (in most, and in all practical cases 99.99% so). It is still not implemented and tested.... but the idea is this to be the case in the final product. Special care also have been taken to prevent some purely hypothetical attacks … so take it for what it is….

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #23 on: July 30, 2014, 02:37:07 am »
this thread made me think about something.

if listed on coinmarket cap, the bitUSD market cap will always be equal to about the same as the supply, won't it?

Offline bitmeat

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Re: Listing BitUSD on centralized exchanges?
« Reply #24 on: July 30, 2014, 02:40:22 am »
@Simeon: Perhaps I am misinformed. Let's start with the simple question - Can a user transfer BitUSD to another user who has 0 BTSX in their account?

Or does the receiving user need to maintain BTSX for collateral?

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #25 on: July 30, 2014, 02:46:11 am »
@Simeon: Perhaps I am misinformed. Let's start with the simple question - Can a user transfer BitUSD to another user who has 0 BTSX in their account?

Or does the receiving user need to maintain BTSX for collateral?

the collateral is held by the network, if the person who did the shorting doesn't buy some from an exchange (centralized or not) and close their position, it gets destroyed when the margin gets reached. the person who went long bitUSD can do anything they want with it.

you caught me on the way out the door, but look for the article i wrote on market pegging, it should help clarify this for you patty.
« Last Edit: July 30, 2014, 02:48:11 am by merockstar »

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #26 on: July 30, 2014, 02:48:37 am »
@Simeon: Perhaps I am misinformed. Let's start with the simple question - Can a user transfer BitUSD to another user who has 0 BTSX in their account?

Or does the receiving user need to maintain BTSX for collateral?

Absolutly! ( If he has  bitUSD in his account of course)

btw merockstar can answer 95 % of those question for me...

[edit] the answer he managed to post is semi-confusing/not-what you needed to know/unrelated/ but true.
« Last Edit: July 30, 2014, 03:19:05 am by Simeon II »

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #27 on: July 30, 2014, 02:49:35 am »
@Simeon: Perhaps I am misinformed. Let's start with the simple question - Can a user transfer BitUSD to another user who has 0 BTSX in their account?

Or does the receiving user need to maintain BTSX for collateral?

Absolutly! ( If he has  bitUSD in his account of course)

btw merockstar can answer 95 % of those question for me...

sorry, didn't mean to step on your toes.

Offline bitmeat

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Re: Listing BitUSD on centralized exchanges?
« Reply #28 on: July 30, 2014, 02:51:07 am »
the collateral is held by the network, if the person who did the shorting doesn't buy some from an exchange (centralized or not) and close their position, it gets destroyed when the margin gets reached. the person who went long bitUSD can do anything they want with it.

I see where I got confused. I thought it required collateral on both ends. Wow this is going to make it a quite a wild ride then, as there will be plenty of market inefficiencies in a constant battle between speculators, and those who need to convert one way or the other.

Grab the popcorn, it will be quite the show to watch while the beast evolves. :)

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #29 on: July 30, 2014, 02:53:06 am »
@Simeon: Perhaps I am misinformed. Let's start with the simple question - Can a user transfer BitUSD to another user who has 0 BTSX in their account?

Or does the receiving user need to maintain BTSX for collateral?

Absolutly! ( If he has  bitUSD in his account of course)

btw merockstar can answer 95 % of those question for me...

sorry, didn't mean to step on your toes.

Nooo! I did not know you are leaving... I hoped you can do 95% of the work for me.
« Last Edit: July 30, 2014, 03:13:54 am by Simeon II »

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #30 on: July 30, 2014, 03:12:33 am »
the collateral is held by the network, if the person who did the shorting doesn't buy some from an exchange (centralized or not) and close their position, it gets destroyed when the margin gets reached. the person who went long bitUSD can do anything they want with it.

I see where I got confused. I thought it required collateral on both ends. Wow this is going to make it a quite a wild ride then, as there will be plenty of market inefficiencies in a constant battle between speculators, and those who need to convert one way or the other.

Grab the popcorn, it will be quite the show to watch while the beast evolves. :)

Yeap. This is one of the unaddressed issues, AFAKT.

System is supposed to work on pure market forces....well almost...

My concern is the possibility of a too strong of a bitUSD demand...    :) :) :) :)

…we will see… BM usually reaches the right decisions eventually.

Suggestions to him work but your handle has to be A86, so…

I am sure he will address the issue (probably in a 10x better way than I can suggest),

 but just and only when he himself feel the need to do so.

S II
« Last Edit: July 30, 2014, 03:20:37 am by Simeon II »

bitbro

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Re: Listing BitUSD on centralized exchanges?
« Reply #31 on: July 30, 2014, 03:22:31 am »
Simeon II, aka Satoshi

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #32 on: July 30, 2014, 03:25:37 am »
Simeon II, aka Satoshi

aka BM aka Agent86 aka bitbro

bitbro

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Re: Listing BitUSD on centralized exchanges?
« Reply #33 on: July 30, 2014, 03:26:56 am »

Simeon II, aka Satoshi

aka BM aka Agent86 aka bitbro

Mwahhaha

Aka AsymmetricInformation

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #34 on: July 30, 2014, 03:34:09 am »

Simeon II, aka Satoshi

aka BM aka Agent86 aka bitbro

Mwahhaha

Aka AsymmetricInformation

aka charleshoskinson  aka Decentralized Application aka NSA
« Last Edit: July 30, 2014, 03:40:47 am by Simeon II »

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #35 on: July 30, 2014, 03:34:48 am »

Simeon II, aka Satoshi

aka BM aka Agent86 aka bitbro

Mwahhaha

Aka AsymmetricInformation

aka Hopkinson (my spelling might be wrong as usual) aka NSA

aka AdamBLevine?


i'm back btw. ok gotcha simeon I misunderstood, what questions were needing answered?

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #36 on: July 30, 2014, 03:39:58 am »

Grab the popcorn, it will be quite the show to watch while the beast evolves. :)

ah. love the sound of that click.

not an easy sound to make.

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #37 on: July 30, 2014, 03:42:05 am »
.

My concern is the possibility of a too strong of a bitUSD demand...    :) :) :) :)


if bitUSD demand is overwhelming it will drive the price up, but people will see that, and knowing the bitUSD is supposed to be near the price of a dollar, they will be like "OH SHIT! I profit if I sell now!"

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #38 on: July 30, 2014, 03:44:19 am »
i'm back btw. ok gotcha simeon I misunderstood, what questions were needing answered?

Not many, I think... He grasped, it pretty fast...

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #39 on: July 30, 2014, 03:48:08 am »
.

My concern is the possibility of a too strong of a bitUSD demand...    :) :) :) :)


if bitUSD demand is overwhelming it will drive the price up, but people will see that, and knowing the bitUSD is supposed to be near the price of a dollar, they will be like "OH SHIT! I profit if I sell now!"

Sure.. that is a pure market thinking...

I think a valve, 'planned', for such rushes, is not so bad to have designed beforehand. @ market prices of course....

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #40 on: July 30, 2014, 03:50:21 am »
i'm back btw. ok gotcha simeon I misunderstood, what questions were needing answered?

Not many, I think... He grasped, it pretty fast...

indeed. I struggled with that shit. she (I assume you mean patty) must have experience in financial markets.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #41 on: July 30, 2014, 03:59:05 am »
i'm back btw. ok gotcha simeon I misunderstood, what questions were needing answered?

Not many, I think... He grasped, it pretty fast...

indeed. I struggled with that shit. she (I assume you mean patty) must have experience in financial markets.

Actually you did understand it! And that for what 3-5 days. Most people don't EVER get the concept.
 + You know a lot of other staff that most people (including me) will never learn.

You are one of my heroes.

Offline bitmeat

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Re: Listing BitUSD on centralized exchanges?
« Reply #42 on: July 30, 2014, 04:04:12 am »
To clarify I'm a he. Name was krabby patty from spongebob square pants. But I'm not krabby anymore. :)

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #43 on: July 30, 2014, 04:07:56 am »
Actually you did understand it! And that for what 3-5 days. Most people don't EVER get the concept.
 + You know a lot of other staff that most people (including me) will never learn.

You are one of my heroes.

thank you Simeon.
I am flattered, I really am. It's kind of a mind-blow to me to be thought of like that.



patty, my apologies on the gender thing.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #44 on: July 30, 2014, 04:12:10 am »
I would take it as a compliment if/whenever anybody  decides to call me she.

The GOD is she, btw.

So is satoshi.... I think.

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #45 on: July 30, 2014, 04:15:34 am »
The GOD is she, btw.

Do extraterrestrials have gender?

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #46 on: July 30, 2014, 04:22:10 am »
The GOD is she, btw.

Do extraterrestrials have gender?

I was not taking about extraterrestrials.
I do not know them... have never met one.
She, 'G' , is from around here,not terrestrial per se, bot pretty human.

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #47 on: July 30, 2014, 04:28:23 am »
The GOD is she, btw.

Do extraterrestrials have gender?

I was not taking about extraterrestrials.
I do not know them... have never met one.
She, 'G' , is from around here,not terrestrial per se, bot pretty human.

:)  just wanted to hint at how I think. although I'm pretty agnostic.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #48 on: July 30, 2014, 04:42:25 am »
Yeeh me too.

Gives me the freedom to talk about HER.

Among other benefits. :)

Offline bitmeat

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Re: Listing BitUSD on centralized exchanges?
« Reply #49 on: July 30, 2014, 04:43:54 am »
God is definitely a he, no woman would have a place this messy!

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #50 on: July 30, 2014, 04:44:30 am »
Yeeh me too.

Gives me the freedom to talk about HER.

Among other benefits. :)

drop me a link so I can learn more about her?

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #51 on: July 30, 2014, 04:45:31 am »
God is definitely a he, no woman would have a place this messy!

no divine entity would imo.

my how we've derailed this thread.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #52 on: July 30, 2014, 04:50:11 am »

Actually, while I was smoking you managed to post (twice).

I am not agnostic. I am actually full blown atheist.

I will send you the best links I got to them.... The goddesses that is.... Victoria's secret goddesses...

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #53 on: July 30, 2014, 04:54:54 am »

Actually, while I was smoking you managed to post (twice).

I am not agnostic. I am actually full blown atheist.

I will send you the best links I got to them.... The goddesses that is.... Victoria's secret goddesses...

LOL I thought we were having religious discourse.    :P

maybe i missed something.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #54 on: July 30, 2014, 04:55:42 am »
“I cannot believe in a God who wants to be praised all the time.”
― Friedrich Nietzsche

“Is man merely a mistake of God's? Or God merely a mistake of man?”
― Friedrich Nietzsche

“There are two different types of people in the world, those who want to know, and those who want to believe.”
― Friedrich Nietzsche

“After coming into contact with a religious man I always feel I must wash my hands.”
― Friedrich Nietzsche

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #55 on: July 30, 2014, 05:01:14 am »
“I cannot believe in a God who wants to be praised all the time.”
― Friedrich Nietzsche

“Is man merely a mistake of God's? Or God merely a mistake of man?”
― Friedrich Nietzsche

“There are two different types of people in the world, those who want to know, and those who want to believe.”
― Friedrich Nietzsche

“After coming into contact with a religious man I always feel I must wash my hands.”
― Friedrich Nietzsche

I'll agree with all those quotes.

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #56 on: July 30, 2014, 05:05:20 am »
“In Christianity neither morality nor religion come into contact with reality at any point.”
― Friedrich Nietzsche

“Is man merely a mistake of God's? Or God merely a mistake of man?”
― Friedrich Nietzsche

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Re: Listing BitUSD on centralized exchanges?
« Reply #57 on: July 30, 2014, 05:12:55 am »
Let me end up with this.

“The higher we soar the smaller we appear to those who cannot fly.”
― Friedrich Nietzsche, Thus Spoke Zarathustra

“Every deep thinker is more afraid of being understood than of being misunderstood.”
― Friedrich Nietzsche

What do you think BM?
« Last Edit: July 30, 2014, 05:14:38 am by Simeon II »

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #58 on: July 30, 2014, 05:28:49 am »
Let me end up with this.

“The higher we soar the smaller we appear to those who cannot fly.”
― Friedrich Nietzsche, Thus Spoke Zarathustra

“Every deep thinker is more afraid of being understood than of being misunderstood.”
― Friedrich Nietzsche

What do you think BM?

I'm not so sure about these ones. I think everyone has wings. Some are just afraid to use them.

Offline fuzzy

Re: Listing BitUSD on centralized exchanges?
« Reply #59 on: July 30, 2014, 05:30:24 am »
I'm not so sure about these ones. I think everyone has wings. Some are just afraid to use them.
+5%



and to think he came up with so many of those quotes when mentally debilitated by syphilis...

WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

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Re: Listing BitUSD on centralized exchanges?
« Reply #60 on: July 30, 2014, 05:33:56 am »
I'm not so sure about these ones. I think everyone has wings. Some are just afraid to use them.
and to think he came up with so many of those quotes when mentally debilitated by syphilis...

“There are no eternal facts, as there are no absolute truths. ”
― Friedrich Nietzsche

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #61 on: July 30, 2014, 05:35:57 am »
Let me end up with this.

“The higher we soar the smaller we appear to those who cannot fly.”
― Friedrich Nietzsche, Thus Spoke Zarathustra

“Every deep thinker is more afraid of being understood than of being misunderstood.”
― Friedrich Nietzsche

What do you think BM?

I'm not so sure about these ones. I think everyone has wings. Some are just afraid to use them.

hmm... maybe I'm proving his point...

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #62 on: July 30, 2014, 05:41:16 am »

I do not... but I am being proven wrong by the minute... there are buyer(s) on both bter and btc38...


“It is my ambition to say in ten sentences what others say in a whole book.”
― Friedrich Nietzsche
« Last Edit: July 30, 2014, 05:43:35 am by Simeon II »

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #63 on: July 30, 2014, 05:43:12 am »

I do not... but I am being proven wrong by the minute... there are buyer(s) on both bter and btc38...

you're referencing your prediction of a correction down to like 8 million in a different thread, right?

Offline fuzzy

Re: Listing BitUSD on centralized exchanges?
« Reply #64 on: July 30, 2014, 05:44:52 am »
I don't see it going that low unless it is done by concerted effort of a bunch of whales who want to buy cheap. 
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #65 on: July 30, 2014, 05:45:33 am »

I do not... but I am being proven wrong by the minute... there are buyer(s) on both bter and btc38...

you're referencing your prediction of a correction down to like 8 million in a different thread, right?

Yes...
And do not say traders do not read forums... there were, pretty hard kickers on this forum today....

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #66 on: July 30, 2014, 05:47:17 am »

I do not... but I am being proven wrong by the minute... there are buyer(s) on both bter and btc38...

you're referencing your prediction of a correction down to like 8 million in a different thread, right?

Yes...
And do not say traders do not read forums... there were, pretty hard kickers on this forum today....

your numbers might have been wrong, but there was a correction.

i agreed with your logic, just didn't have the balls to sell wait to buy, (i didn't get in until after february).

and you still might be right, this spike we're seeing could very easily be manipulation.

edit: not following what you mean by the bolded part
« Last Edit: July 30, 2014, 05:50:08 am by merockstar »

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Re: Listing BitUSD on centralized exchanges?
« Reply #67 on: July 30, 2014, 05:48:53 am »
I don't see it going that low unless it is done by concerted effort of a bunch of whales who want to buy cheap.

Some posts this week were pretty discouraging, btw.

As in, the new tech 'DPOS' needing mining in a push up move...??!!!???

[EDIT] The price went down not due to too much selling, imo. I might be totally wrong on that but that's how I saw it.
« Last Edit: July 30, 2014, 05:52:16 am by Simeon II »

Offline fuzzy

Re: Listing BitUSD on centralized exchanges?
« Reply #68 on: July 30, 2014, 05:49:10 am »

I do not... but I am being proven wrong by the minute... there are buyer(s) on both bter and btc38...

you're referencing your prediction of a correction down to like 8 million in a different thread, right?

Yes...
And do not say traders do not read forums... there were, pretty hard kickers on this forum today....

your numbers might have been wrong, but there was a correction.

i agreed with your logic, just didn't have the balls to sell.

and you still might be right, this spike we're seeing could very easily be manipulation.
+5%
WhaleShares==DKP; BitShares is our Community! 
ShareBits and WhaleShares = Love :D

merockstar

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Re: Listing BitUSD on centralized exchanges?
« Reply #69 on: July 30, 2014, 05:52:18 am »
I don't see it going that low unless it is done by concerted effort of a bunch of whales who want to buy cheap.

Some posts this week were pretty discouraging, btw.

As in the new tech 'DPOS' needing mining in a push up move...??!!!???

wait what? are you talking about the mining pool that auto-converts to btsx, or did somebody suggest that (somehow) mining should be implemented in dpos?

edit: need sleep. i have a job interview tomorrow. will check in on this after.

this has been fascinating though.
« Last Edit: July 30, 2014, 06:01:34 am by merockstar »

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Re: Listing BitUSD on centralized exchanges?
« Reply #70 on: July 30, 2014, 06:02:56 am »
I don't see it going that low unless it is done by concerted effort of a bunch of whales who want to buy cheap.

Some posts this week were pretty discouraging, btw.

As in the new tech 'DPOS' needing mining in a push up move...??!!!???

wait what? are you talking about the mining pool that auto-converts to btsx, or did somebody suggest that (somehow) mining should be implemented in dpos?

Yes, the mining pool idea... it is a tiny push... perceived as a desperate effort, and a sign of weakness more than anything else..
My opinion only, again.

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Re: Listing BitUSD on centralized exchanges?
« Reply #71 on: July 30, 2014, 06:47:26 am »
- When I say something, and when BM says exactly the same thing -they sound different. So, all posters in this thread, feel free to  ask BM directly, as in ‘How he sees it working’.

“The author must keep his mouth shut when his work starts to speak.”
― Friedrich Nietzsche

Offline bitmeat

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Re: Listing BitUSD on centralized exchanges?
« Reply #72 on: July 30, 2014, 08:16:16 am »
Wow, train is taking off? I'm a bit nervous... this is too good to be true... I got out at 0.000015-0.000018, got in as low as 0.00001252. Yes I can't believe I captured the absolute low at 1252... go figure.

My biggest worry is I will get out with large portion and miss on the big move up - i.e. being dollar foolish, penny wise.

So at least I kept a solid core position.

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Re: Listing BitUSD on centralized exchanges?
« Reply #73 on: July 30, 2014, 08:31:38 am »
Wow, train is taking off? I'm a bit nervous... this is too good to be true... I got out at 0.000015-0.000018, got in as low as 0.00001252. Yes I can't believe I captured the absolute low at 1252... go figure.

My biggest worry is I will get out with large portion and miss on the big move up - i.e. being dollar foolish, penny wise.

So at least I kept a solid core position.

If the bold is not true, I think you are missing the train, by the minute... :)

I myself could not buy enough in the 125-133 range... :-*

Offline bitmeat

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Re: Listing BitUSD on centralized exchanges?
« Reply #74 on: July 30, 2014, 08:39:19 am »
So at least I kept a solid core position.
If the bold is not true, I think you are missing the train, by the minute... :)

I myself could not buy enough in the 125-133 range... :-*

I mean I am using only a tiny fraction to go in/out. I've done this waaay to many times in the past where I was right at picking the time to get in, then got out too soon. Learned my lesson the hard way.

E.g. I got a shit ton of TSLA around $30, sold it at $45 in few months, thinking what a great return. But should have kept a core position. Still kicking myself on that one, but at least it will be a reminder to never let that happen again.

Offline Empirical1

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Re: Listing BitUSD on centralized exchanges?
« Reply #75 on: July 30, 2014, 02:09:42 pm »

I do not... but I am being proven wrong by the minute... there are buyer(s) on both bter and btc38...


“It is my ambition to say in ten sentences what others say in a whole book.”
― Friedrich Nietzsche

Did you see this post? The last line especially could be relevant -

We are working with some of the best marketing gurus in the industry and are planning the assault. 

This is the primary focus of our trip to st marten.   

All I know is some people with serious money are about to buy into btsx and market the hell out of it. 




Sent from my iPhone using Tapatalk

https://bitsharestalk.org/index.php?topic=6380.msg84969#msg84969

Offline Simeon II

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Re: Listing BitUSD on centralized exchanges?
« Reply #76 on: July 30, 2014, 04:03:50 pm »

I do not... but I am being proven wrong by the minute... there are buyer(s) on both bter and btc38...


“It is my ambition to say in ten sentences what others say in a whole book.”
― Friedrich Nietzsche

Did you see this post? The last line especially could be relevant -

We are working with some of the best marketing gurus in the industry and are planning the assault. 

This is the primary focus of our trip to st marten.   

All I know is some people with serious money are about to buy into btsx and market the hell out of it. 




Sent from my iPhone using Tapatalk

https://bitsharestalk.org/index.php?topic=6380.msg84969#msg84969

Actually, I think this line IS the reason for that. Call me naïve or stupid, but I do think so.