Bitcoin Forum

Alternate cryptocurrencies => Altcoin Discussion => Topic started by: vlight on April 13, 2015, 12:16:55 PM



Title: BitShares BitUSD ?
Post by: vlight on April 13, 2015, 12:16:55 PM
Over the last 8 months BitShares BitUSD price has been fairly stable at $1 but also had some spikes from $0.85 to $1.15.

Now do some simple math and think about it.

I don't know about you, but i feel like i missed out on some opportunities.

 ::)


Title: Re: BitShares BitUSD ?
Post by: testz on April 13, 2015, 03:15:04 PM
Over the last 8 months BitShares BitUSD price has been fairly stable at $1 but also had some spikes from $0.85 to $1.15.

Now do some simple math and think about it.

I don't know about you, but i feel like i missed out on some opportunities.

 ::)

Everybody should do the self math and research but today BitShares (BTS) price same as in the beginning.  :)


Title: Re: BitShares BitUSD ?
Post by: wiggi on April 13, 2015, 06:40:15 PM
Over the last 8 months BitShares BitUSD price has been fairly stable at $1 but also had some spikes from $0.85 to $1.15.

Almost all of the traded volume was between 0.92 and 1.00, you wouldn't have been able to buy 1k or so at 0.85, no way. Only the last few days were really interesting because of margin calls for >200k bitUSD shorts, if Bitshares price would have dropped another 10% then this

http://bytemaster.bitshares.org/article/2015/01/27/BitAssets-and-Black-Swan-Events/

would have been the result. But now it looks like the situation has fixed itself and everything is back to normal and stable.


Title: Re: BitShares BitUSD ?
Post by: Este Nuno on April 13, 2015, 07:28:39 PM
Over the last 8 months BitShares BitUSD price has been fairly stable at $1 but also had some spikes from $0.85 to $1.15.

Almost all of the traded volume was between 0.92 and 1.00, you wouldn't have been able to buy 1k or so at 0.85, no way. Only the last few days were really interesting because of margin calls for >200k bitUSD shorts, if Bitshares price would have dropped another 10% then this

http://bytemaster.bitshares.org/article/2015/01/27/BitAssets-and-Black-Swan-Events/

would have been the result. But now it looks like the situation has fixed itself and everything is back to normal and stable.


Wow, was it really that close to a cascading collapse?


Title: Re: BitShares BitUSD ?
Post by: testz on April 13, 2015, 07:44:38 PM
Over the last 8 months BitShares BitUSD price has been fairly stable at $1 but also had some spikes from $0.85 to $1.15.

Almost all of the traded volume was between 0.92 and 1.00, you wouldn't have been able to buy 1k or so at 0.85, no way. Only the last few days were really interesting because of margin calls for >200k bitUSD shorts, if Bitshares price would have dropped another 10% then this

http://bytemaster.bitshares.org/article/2015/01/27/BitAssets-and-Black-Swan-Events/

would have been the result. But now it looks like the situation has fixed itself and everything is back to normal and stable.


Wow, was it really that close to a cascading collapse?

No


Title: Re: BitShares BitUSD ?
Post by: wiggi on April 13, 2015, 08:21:34 PM
Margin Call Orders had prices of 212 and 215, and BitUSD price is now 226 BTS (and was higher)

The mouse-over help for Margin Call Orders says that a short entered at BTS 30 has an call prize of 45, and at this point 75% of the collateral are required to buy it back...

I'm not sure how much margin is used when the short is initially entered, perhaps it was save (still collateral left) up to 212*100/75, or 282.