TASKMANAGER UIA Minimum Value UpdatesteemCreated with Sketch.

in #bitshares8 years ago

With Blockpay doing all the great things they are doing, I decided the other day that TASKMANAGER needs a minimum value on Bitshares. Having a minimum value for any bitshares asset is quite simple, just place a buy order for all available TASKMANAGER in circulation. There is less then 50k TASKMANAGER in regular circulation, so 50000 was a safe choice.

TASKMANAGER now has the following MINIMUM values:

3.9 OPEN.MUSE
muse


2720 COMPUCEEDS
ceeds


0.00000016 OPEN.BTC
btc


0.00239 OPEN.STEEM
steem


0.32 BTS
bts


0.00002474 OPEN.ETH
eth





Please keep in mind these are minimum values, and it is my goal to increase these minimums over time. These are in place in case @taskmanager gives up, is jailed or dies....


Having these buys spread across multiple coins adds security and a lottery effect. If one coin or asset dies out of existence, the others are still available as an emergency exit. If one is pumped to the moon, TASKMANAGER may get pumped along with it. OPEN.STEEM will likely be the next to see an increase in the minimum buy for TASKMANAGER. I would like to see TASKMANAGER have a minimum value of 0.1 STEEM, so gathering up some OPEN.STEEM to do this is next on the to-do list.

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@taskmanager... don't die! It is a great move to place all those minimums.. BUT... guess what? You still have several years to live...

It is interesting to see what you are doing with Bitshares UIAs. I am learning a lot, thanks!

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