--- Log opened Mon Sep 13 00:00:06 2021
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01:57 < bitipy> @belcher thank you. Does cjfee_a get used at all if you have ordertype = reloffer (as a minimum) and what are reasonable amounts to put in cjfee_r and cjfee_a ?
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09:51 < waxwing> re: does cjfee_a get used if reloffer, no, re: what are reasonable amounts, no answer really except look at what others do using ob-watcher.py (`cd obwatch; python ob-watcher.py -p port`)
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13:22 < bitipy> @waxwing: thank you. Those bonds I read that they could decrease in value. How is that possible if it is just time locked bitcoin? Also can that already be done on a separate wallet (hardware) so you can use a cold wallet?
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16:38 < belcher> bitipy the value of the bond reduces slowly after the timelock is passed, do note thats different from the value of the actual bitcoins which naturally doesnt change
16:38 < belcher> *amount of the actual bitcoins
16:39 < belcher> e.g. if you put 1btc into a timelocked address for 1 year, as soon as the transaction is confirmed the value of the fidelity bond is X btc but in 18 months the value of the bond will be lower because the timelock has passed after 12 months
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--- Log closed Tue Sep 14 00:00:07 2021