Author Topic: !!! Stupid Questions Thread !!!  (Read 154299 times)

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Offline liondani

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Re: !!! Stupid Questions Thread !!!
« Reply #630 on: October 05, 2015, 03:12:39 pm »
No .. there is no need to close your short position .. ever. Unless you get
'called' by a settlement request.

How much premium gives a settlement request?

Offline xeroc

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Re: !!! Stupid Questions Thread !!!
« Reply #631 on: October 05, 2015, 03:28:53 pm »
The settlement will always happen AT the feed .. and there is a time delay .. I think 24h or so .. until settlement request and actual settlement
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Offline santaclause102

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Re: !!! Stupid Questions Thread !!!
« Reply #632 on: October 05, 2015, 07:38:35 pm »
How stable will Bitassets be in Bitshares 2.0? I heard that 1 BitUSD will always
be at least 1 USD but can be more expensive. Is that correct? If so, how much
will the volatility (rough range) be above 1 USD?
No-one knows yet .. I think in the beginning we will see up to 5% .. later, when
more gateways allow easy transfer of USD into the system and more people short
bitUSD, then the surplus may be 1% or less. But no-one can tell for sure.
Will the premium be relatively stable or will it swing wildly? 

Offline xeroc

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Re: !!! Stupid Questions Thread !!!
« Reply #633 on: October 06, 2015, 06:36:26 am »
How stable will Bitassets be in Bitshares 2.0? I heard that 1 BitUSD will always
be at least 1 USD but can be more expensive. Is that correct? If so, how much
will the volatility (rough range) be above 1 USD?
No-one knows yet .. I think in the beginning we will see up to 5% .. later, when
more gateways allow easy transfer of USD into the system and more people short
bitUSD, then the surplus may be 1% or less. But no-one can tell for sure.
Will the premium be relatively stable or will it swing wildly? 

I would say it depends on the volatility of BTS .. in times BTS is not volatile, the premium may be quite constant
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Re: !!! Stupid Questions Thread !!!
« Reply #634 on: October 06, 2015, 01:59:19 pm »
In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions? 
In the current GUI it looks like there is no privacy protection.

Offline fav

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Re: !!! Stupid Questions Thread !!!
« Reply #635 on: October 06, 2015, 02:00:30 pm »
In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions? 
In the current GUI it looks like there is no privacy protection.

there is none. however, you can set your account to private (guess that's not in the GUI yet) - but you will pay additional fees and won't be able to vote. read up on bitshares.org blog there's privacy article if I remember correctly

jakub

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Re: !!! Stupid Questions Thread !!!
« Reply #636 on: October 06, 2015, 02:12:35 pm »
In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions? 
In the current GUI it looks like there is no privacy protection.

there is none. however, you can set your account to private (guess that's not in the GUI yet) - but you will pay additional fees and won't be able to vote. read up on bitshares.org blog there's privacy article if I remember correctly

That's a bit of a surprise for me.
So it means that after Oct 13th all community members' balances will be publicly known, doesn't it?
(assuming most of us have BTS account names already publicly known and most of us will want to vote)

Offline xeroc

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Re: !!! Stupid Questions Thread !!!
« Reply #637 on: October 06, 2015, 02:15:46 pm »
In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions? 
In the current GUI it looks like there is no privacy protection.

there is none. however, you can set your account to private (guess that's not in the GUI yet) - but you will pay additional fees and won't be able to vote. read up on bitshares.org blog there's privacy article if I remember correctly

That's a bit of a surprise for me.
So it means that after Oct 13th all community members' balances will be publicly known, doesn't it?
(assuming most of us have BTS account names already publicly known and most of us will want to vote)
http://docs.bitshares.eu/migration/what-changed.html
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jakub

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Re: !!! Stupid Questions Thread !!!
« Reply #638 on: October 06, 2015, 03:01:12 pm »
In BTS 2.0, what will prevent me from seeing other people's balances, open orders and transactions? 
In the current GUI it looks like there is no privacy protection.

there is none. however, you can set your account to private (guess that's not in the GUI yet) - but you will pay additional fees and won't be able to vote. read up on bitshares.org blog there's privacy article if I remember correctly

That's a bit of a surprise for me.
So it means that after Oct 13th all community members' balances will be publicly known, doesn't it?
(assuming most of us have BTS account names already publicly known and most of us will want to vote)
http://docs.bitshares.eu/migration/what-changed.html

So if I transfer my funds from my publicly known account to another of my accounts which is NOT publicly known and do it before Oct 13th - will it protect my privacy after Oct 13th?

Offline xeroc

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Re: !!! Stupid Questions Thread !!!
« Reply #639 on: October 06, 2015, 03:31:44 pm »
So if I transfer my funds from my publicly known account to another of my accounts which is NOT publicly known and do it before Oct 13th - will it protect my privacy after Oct 13th?
It all breaks down to "how you import your funds" .. but that would be the most convenient way to do .. yes
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Offline pc

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Re: !!! Stupid Questions Thread !!!
« Reply #640 on: October 06, 2015, 04:48:19 pm »
Have any of the price feed script authors bothered to get permission from whoever they're getting the exchange rate info from?
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Offline xeroc

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Re: !!! Stupid Questions Thread !!!
« Reply #641 on: October 06, 2015, 06:27:25 pm »
Have any of the price feed script authors bothered to get permission from whoever they're getting the exchange rate info from?
Afaik yahoo is ok to pull their prices but some more serious research would be a good idea ..
we had this discussion already but we should reevaluate it ..
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Offline MarketingMonk

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Re: !!! Stupid Questions Thread !!!
« Reply #642 on: October 06, 2015, 09:16:11 pm »
I've just joined the BitShares community and have got a bunch of BTS in my wallet.
How do I vote for a delegate?

jakub

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Re: !!! Stupid Questions Thread !!!
« Reply #643 on: October 06, 2015, 09:34:38 pm »
I've just joined the BitShares community and have got a bunch of BTS in my wallet.
How do I vote for a delegate?

Welcome to the community, MarketingMonk.

There will be a major infrastructure upgrade for BitShares on Oct 13th and everything regarding voting will be changed & significantly improved.
So it's better to skip voting for now and wait till the upgrade - it's less than a week away.
« Last Edit: October 06, 2015, 09:36:40 pm by jakub »

Offline godzirra

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Re: !!! Stupid Questions Thread !!!
« Reply #644 on: October 08, 2015, 03:34:24 am »
I'm looking for a dedicated device to just hold my bts wallet on. I don't want to risk getting hacked. It's a substantial amount of bts as I have accumulated since 2013. Does anyone have a recommendations?

I was even thinking of buying a separate laptop just for this purpose. Is that overkill?

Feel kind of dumb asking but it's a genuine concern that I have regarding this uninsured crypto world.