Author Topic: !!! Stupid Questions Thread !!!  (Read 154906 times)

0 Members and 1 Guest are viewing this topic.

Offline jsidhu

  • Hero Member
  • *****
  • Posts: 1335
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #270 on: October 03, 2014, 10:29:16 pm »
Current BTSX Buy Price : 0.00010887 BTC ? Where is that based off of?
Hired by blockchain | Developer
delegate: dev.sidhujag

Offline meeperson

  • Newbie
  • *
  • Posts: 1
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #271 on: October 03, 2014, 11:09:08 pm »
Why does it say "Not connected" in the bottom corner? I'm probably being really dumb, can someone please help me? Thanks!

Offline Akado

  • Hero Member
  • *****
  • Posts: 2752
    • View Profile
  • BitShares: akado
Re: !!! Stupid Questions Thread !!!
« Reply #272 on: October 03, 2014, 11:10:49 pm »
Current BTSX Buy Price : 0.00010887 BTC ? Where is that based off of?

It went right back to ~0.000087. Didnt understand that too
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline feedthemcake

  • Full Member
  • ***
  • Posts: 158
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #273 on: October 04, 2014, 11:45:35 am »
Current BTSX Buy Price : 0.00010887 BTC ? Where is that based off of?

poloniex probably

Offline pariah99

  • Full Member
  • ***
  • Posts: 66
  • I'm so meta even this acronym.
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #274 on: October 04, 2014, 06:19:06 pm »
I think that lagging price feeds are preventing an increase in market cap for bitassets.  My understanding is that short orders are critical to the creation of additional unit of bitassets, but the lagging price feeds severely limit the incentive and execution of short orders.  Is this intended behavior?

Offline santaclause102

  • Hero Member
  • *****
  • Posts: 2486
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #275 on: October 04, 2014, 11:49:41 pm »
I think that lagging price feeds are preventing an increase in market cap for bitassets.  My understanding is that short orders are critical to the creation of additional unit of bitassets, but the lagging price feeds severely limit the incentive and execution of short orders.  Is this intended behavior?
what do you mean by lagging price feeds?

Offline pariah99

  • Full Member
  • ***
  • Posts: 66
  • I'm so meta even this acronym.
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #276 on: October 05, 2014, 02:52:57 am »
From the wiki:
Quote
The price feed for a certain asset (say bitUSD) is derived as the median over all published price feeds not older as 24 hours.

By its nature, that would mean that it lags behind.

Offline santaclause102

  • Hero Member
  • *****
  • Posts: 2486
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #277 on: October 05, 2014, 11:00:18 am »
I think it has been updated to every 20 minutes or so. But not sure...
I think it would help if there would be statistics for each delegate how close their feed was to the median and how often a delegate updates it....

You are making a good point. But consider that a trader can anticipate when the feed is of and trade accordingly...

Offline Mysto

  • Sr. Member
  • ****
  • Posts: 382
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #278 on: October 05, 2014, 10:15:09 pm »
Why does it say "Not connected" in the bottom corner? I'm probably being really dumb, can someone please help me? Thanks!
First make sure you backup (export) your wallet. Then go to your app data folder and delete the "chain" folder. If this doesn't work then just re-download and install the wallet.

Offline yoshiwatusi

  • Jr. Member
  • **
  • Posts: 22
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #279 on: October 07, 2014, 09:59:21 pm »
what will be the effect of overstock hiring counterpart devs to develop a decentralised exchange? in the webinar before didn't they say overstock was considering bitsharesX? i am curious

Offline kisa

  • Sr. Member
  • ****
  • Posts: 240
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #280 on: October 07, 2014, 10:05:23 pm »
what will be the effect of overstock hiring counterpart devs to develop a decentralised exchange? in the webinar before didn't they say overstock was considering bitsharesX? i am curious

opinions differ on that:

https://bitsharestalk.org/index.php?topic=9764.msg126815#msg126815

Offline cryptillionaire

  • Full Member
  • ***
  • Posts: 153
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #281 on: October 07, 2014, 10:50:06 pm »
How are user created assets initially distributed? Like free, fund and star?

Offline yoshiwatusi

  • Jr. Member
  • **
  • Posts: 22
    • View Profile
Re: !!! Stupid Questions Thread !!!
« Reply #282 on: October 07, 2014, 11:44:33 pm »
what will be the effect of overstock hiring counterpart devs to develop a decentralised exchange? in the webinar before didn't they say overstock was considering bitsharesX? i am curious

opinions differ on that:

https://bitsharestalk.org/index.php?topic=9764.msg126815#msg126815
thank you

Offline ozvic

  • Jr. Member
  • **
  • Posts: 44
    • View Profile
  • BitShares: trev
Re: !!! Stupid Questions Thread !!!
« Reply #283 on: October 08, 2014, 04:53:18 am »
Is collateral reserved on an open order or only after execution?

eg. If you trusted 4 different assets (eg. USD, CNY, EUR and AUD) and wanted to short all your btsx ie. go "All-In", could you post the same valued short against all of the 4 assets? Then once one executes, the other 3 disappear or cancel?

If not (which I get the feeling is the case), a feature suggestion maybe to short to "the markets you tick the checkbox for". ie. One short-wall order for different assets.

Offline xeroc

  • Board Moderator
  • Hero Member
  • *****
  • Posts: 12915
  • ChainSquad GmbH
    • View Profile
    • ChainSquad GmbH
  • BitShares: xeroc
  • GitHub: xeroc
Re: !!! Stupid Questions Thread !!!
« Reply #284 on: October 08, 2014, 06:29:28 am »
How are user created assets initially distributed? Like free, fund and star?
nope ... the creator of the asset can issue ALL or just part of the assets directly to one of his accounts ...
and sell them at the exchange

That's what allows an IPO/pre-sale on the network .. you define a cap of 1B shares .. create a new share with 1B shares and start issuing and selling them in parts ..
Give BitShares a try! Use the http://testnet.bitshares.eu provided by http://bitshares.eu powered by ChainSquad GmbH