This blog will follow the development of Bitshares today is March 10, 2016
BitTeaser
Friday, March 11, 2016
Affiliate Link for OpenLedger
USE MY LINK TO GET ONTO THE EXCHANGE!!
This is something you always wanted
Freedom
https://bitshares.openledger.info?r=coindup-hasho
> Written with [StackEdit](https://stackedit.io/).
Sharebits Social Crypto Tipping Platform
SHAREBITS
Another Innovation from Bitshares Openledger on Graphene by Crytonomex
Great Social Tool (Tipping Included)
Reddit
The syntax for calling the bot in reddit is
+/u/sharebits 100 BROWNIE.PTS
Here, +/u/sharebits - calls upon the bot and the amount followed by the asset name or BTS will tip the user either the asset or BTS.
Eg : +/u/sharebits this is awesome have 1842 BTS will tip the user 1842 bitshares.
Twitter
The syntax for calling the bot in twitter is
@username #sharebits 100 bts
Here, @username defines the person to whom the tip is sent, the # calls upon the bot, and the amount and coin name defines the quantity and coin to be sent.
Eg : @UnitedNations Here’s 100 BTS from #sharebits for better governance
Forum Tipping
The syntax for callnig the bot in the bitshares forum is
Eg :#sharebits “freebieservers” Here’s 1500 BTS for coffee
Close
So you can basically load any of your ‘small change’ (assets that you are not using) onto the sharebits platform direct via openledger like this

Another Innovation from Bitshares Openledger on Graphene by Crytonomex
Great Social Tool (Tipping Included)
The syntax for calling the bot in reddit is
+/u/sharebits 100 BROWNIE.PTS
Here, +/u/sharebits - calls upon the bot and the amount followed by the asset name or BTS will tip the user either the asset or BTS.
Eg : +/u/sharebits this is awesome have 1842 BTS will tip the user 1842 bitshares.
The syntax for calling the bot in twitter is
@username #sharebits 100 bts
Here, @username defines the person to whom the tip is sent, the # calls upon the bot, and the amount and coin name defines the quantity and coin to be sent.
Eg : @UnitedNations Here’s 100 BTS from #sharebits for better governance
Forum Tipping
The syntax for callnig the bot in the bitshares forum is
sharebits “username” 100 BTS
The # calls upon the bot, the username in inverted comma’s defines the user name, which can be followed by the amount of the coinEg :#sharebits “freebieservers” Here’s 1500 BTS for coffee
Close
So you can basically load any of your ‘small change’ (assets that you are not using) onto the sharebits platform direct via openledger like this

Written with StackEdit.
BTSR BitTeaser Blockchain Based Advertising
BitTeaser buyback day today
So far not much action going on...15:10 March 11, 2016
I am shooting for 34.50 BTS for buy back price tonight
So far not much action going on...15:10 March 11, 2016
I am shooting for 34.50 BTS for buy back price tonight
Labels:
adsense,
advertising,
adwords,
bitshares,
bts,
btsr,
buyback,
obits,
openledger
Thursday, March 10, 2016
Short Selling BitAssets
"In order to increase your exposure to BTS and offer liquidity to BitAssets, such as USD, EUR, GOLD, etc., you can go borrow this bitAsset from the network and sell it short. We will here briefly describe the procedure.
Borrowing
The BitShares network is capable of issuing any amount of any BitAsset and lend it out to participants given enough collateral.
settlement price: The price for 1 BTS as it is traded on external exchanges.
maintenance collateral ratio (MCR): A ratio defined by the witnesses as minimum required collateral ratio
maximum short squeeze ratio (MSQR): A ratio defined by the witnesses as to how far shorts are protected against short squeezes
short squeeze protection (SQP): Defines the most that a margin position will ever be forced to pay to cover
call price (CP): The price at which short/borrow positions are margin called
Margin Call
The BitShares network is capable of margin calling those positions that do not have enough collateral to back their borrowed bitAssets. A margin call will occur any time the highest bid is less than the call price and greater than SQP. The margin position will be forced to sell its collateral anytime the highest offer to buy the collateral is less than the call price (x/BTS).SQP = settlement price / MSQR call price = DEBT / COLLATERAL * MCR
The margin call will take the collateral, buy shares of borrowed bitAsset at market rates up to the SQP and close the position. The remaining BTS of the collateral are returned to the customer.
Settlement
Holders of any bitAsset can request a settlement at a fair price at any time. The settlement closes the borrow/short positions with lowest collateral ratio and sells the collateral for the settlement.
Selling
After borrowing bitAssets, they can be sold free at any of the corresponding markets at any price a buyer is willing to pay. With this step, the short-selling is now complete and you are short that particular bitAsset.
Updating Collateral Ratio
At any time, the holder of a borrow/short position can modify the collateral ratio in order to flexibly adjust to market behavior. If the collateral ratio is increase, an additional amount of BTS is locked as collateral, while reducing the collateral ratio will require an amount of the corresponding BitAsset to be payed back to the network.
Covering
To close a borrow/short position, one must hold the borrowed amount of that particular bitAsset to hand it over to the BitShares network. After that, the BitAssets are reduced from the corresponding supply and the collateral is released and given back to its owner."
Privatized BitAssets
"Privateized BitAssets serve those customers that would like to issue a market pegged asset but do not want the witnesses to publish the prices. Instead, when creating a privatizedbitasset, the issuer can define a set of authorities that are allowed to publish the price for that particular asset. The issuer can further define all kinds of fees involving this asset and make a profit.
This feature is of particular interest for exchanges and institutes that have access to real-time prices and would like to increase exposure and volume."
Labels:
altcoins,
assets,
coins,
crypto assets,
private
User Issued Assets
"In addition to the aforementioned market pegged assets, BitShares allows individuals and companies to create and issue their own tokens for anything they can imagine. The potential use cases for so called user-issued assets (UIA) are innumerable. On the one hand, UIAs can be used as simple event tickets deposited on the customers mobile phone to pass the entrance of a concert. On the other hand, they can be used for crowd funding, ownership tracking or even to sell equity of a company in form of stock.
Obviously, the regulations that apply to each kind of token vary widely and are often different in every jurisdiction. Hence, BitShares comes with tools that allow issuers to remain compliant with all applicable regulations when issuing assets assuming regulators allow such assets in the first place."
Market Pegged Assets
"A crypto-currency, with the properties and advantages of Bitcoin, that is capable of maintaining price parity with a globally adopted currency (e.g. U.S. dollar), has high utility for convenient and censorship resistant commerce. This can be achieved by BitShares’ market pegged assets (MPA), a new type of freely traded digital asset whose value is meant to track the value of a conventional underlying asset by means of contracts for difference (CFD).
A SmartCoin (synonym for MPA) is a crypto-currency that always has 100% or more of its value backed by the BitShares core currency (BTS), to which they can be converted at any time, as collateral in a CFD.
What makes MPAs unique is that they are free from counterparty risk even though they resemble a CFD backed by collateral. This is achievable by letting the network itself (implemented as a software protocol) be responsible for securing the collateral and performing settlements as will be described in more detail below.
This is a subset of the available market pegged assets:
BitUSD
BitCNY
BitEUR
BitGOLD
…"
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