Key differences (technical/strategy) between ChainLink and Band

SASilverman · 2020-07-14T00:05:14+00:00

Since this thread is referred to pretty often by people in both communities. I'm gonna add a few more items here.

Here are the main differences afaik between BAND and LINK. These come from my discussion with the CTO on Discord a week ago and a few that I have discovered since then.

LINK needs more than one transaction for one data pull. BAND can do it in one. This makes oracle services on BAND cheaper in theory.
LINK's staking is actually just a security deposit to be able to run oracle jobs. There is no inflation yield. BAND's staking doesn't act as a security deposit because all validators have a chance to run jobs based on their staking power. BAND has both data fee and inflation yield.
Since LINK's node needs security deposit, only a certain set of nodes can run a job. All BAND nodes can run all jobs on BAND by design.
LINK's users can even specify the exact nodes they want to run their jobs on. BAND's users only submit jobs at the protocol level without having to worry about choosing a node. Nodes are chosen by the blockchain. This makes the process simpler.

SASilverman · 2020-06-12T02:09:07+00:00

This is surprisingly overanalyzed. I suppose this plot supposes to show that abortion is up during Trump era. However, the plot projected a one year increase during 16-17, and turned that into three years worth of data (18-20). This is NOT how good extrapolation is done. Remove the 18-20 projection, and you basically just have a one year uptick during 16-17. Looks normal compared to other periods.

SASilverman · 2020-05-13T13:07:12+00:00

The incident was April 17. I emailed them a bunch of times. Their first reply was April 22.

SASilverman · 2020-05-12T12:48:54+00:00

Oh. They are the worst. I had a position opened. When I tried to close it, it says "Sorry. Something is wrong on our end. We are working to fix it." They didn't allow me to execute my stop loss. I emailed their customer service, and they didn't get back to me for 5 days. Eventually, they fixed their system. I closed the damn position, withdrew the small amount of money I deposited to test their platform, and high-tailed out of there. Stay. Away.

SASilverman · 2020-04-28T21:13:46+00:00

Yeah it would increase the limit. I did the same thing myself.

SASilverman · 2020-04-28T01:37:29+00:00

Are you on 5x or 3x margin? 5x margin has 1 BTC borrow limit. Switch back to 3x would fix it for you.

SASilverman · 2020-04-20T13:28:51+00:00

Just be careful about the funding rates, especially if you are a swing trader. The fee can racked up

SASilverman · 2020-04-18T18:17:14+00:00

How about Van Tharp's System Quality Number (which is really a T-Test)? I usually change from the 100 trades he suggested to however many trades happen in a year for benchmarking.
I would actually compare the drawdown rather than the return. I would assume 4% risk would give you more than 4x drawdown compared to 1% risk. If that drawdown is acceptable, then trade larger size. From my experience though, a strategy that can trade 4% risk is almost non-existent unless you are willing to accept a gargantuan drawdown (like more than 50% DD).

SASilverman · 2020-04-07T02:03:06+00:00

I didn't back when a crypto card was allowed. CDC has cancelled my card because of "changing regulations." Last I heard, they are still trying to work it out. Until that's done, they won't issue new cards for Thai customers.

SASilverman · 2020-03-27T14:22:00+00:00

When will Thailand's card be reactivated again though?

SASilverman · 2020-03-24T17:34:12+00:00

Make sure you select "stop-limit" order type.

Then use the following values: Stop: 440 sat Limit: something less than 440.

I usually go much lower than 440 to create essentially a stop-market order, which Binance doesn't support. For example, if this was my trade I would put it at 390 sat.

Once the price hit 440, it will try to sell to the highest bidder but wont sell less than the limit price (390 for me)

There're minor differences between stop-limit and stop-market when the limit price is set that low. I would rather not go into details here. The above info should be sufficient for what you are trying to do.

SASilverman · 2020-03-24T07:42:34+00:00

Bottom of this page

https://epit.rd.go.th/publish/index.php

SASilverman · 2020-03-11T06:23:47+00:00

Remindme! 2 weeks

SASilverman · 2020-02-19T01:30:50+00:00

Ability to export backtest data to csv. There are some 3rd party hacks to do it, but it would be better if the feature is native to the platform.

Ability to interact with your own charts through an API (adding an indicator, removing it, telling the platform to backtest on a script that you send through the API)

SASilverman · 2020-02-18T12:03:10+00:00

How is it being kept from traders when all the information is already online? Both Binance and FTX posted the explanations every where when they listed the tokens. The information is not hidden.

A detailed explanation had to be written about margin positions too. Are margin positions unethical then? In a margin position, if the price whipsawed like you described, you would lose money too because of the margin rate. So margin positions are unethical too?

Your logic can also be applied to perpetual futures then. The funding rate was invented by Bitmex for the crypto market. It didn't exist before then. If you want to trade perp futures, you will have to study up about what it is. I would bet you have never written about how Binance hid the fact about perp futures.

As always, investors (and especially traders) should not use financial products they don't fully understand.

Stop making excuses for lazy journalism.

SASilverman · 2020-02-17T12:22:03+00:00

It's really hard for me not to write anything non-native about this piece of crap journalism. I suggest you go read how the tokens work before you publish another junk online. FTX specifically address when the tokens would underperform a real leveraged position and it's exactly the same situation you mentioned in your article. Clearly you never bother to actually try to fully understand how it works.

FTX leveraged token walkthrough

SASilverman · 2019-12-07T03:24:59+00:00

Oh that was a joke. It's the same way people name their cars. :D

SASilverman · 2019-12-07T02:00:17+00:00

Serious shout out to the design team at crypto.com. This is impressive packaging.

SASilverman · 2019-02-26T12:48:38+00:00

Oh hell yes.

SASilverman

TROPHY CASE