Author Topic: Remind me, why is bitUSD trading at a premium right now?  (Read 1429 times)

0 Members and 1 Guest are viewing this topic.

Offline luckybit

  • Hero Member
  • *****
  • Posts: 2921
    • View Profile
  • BitShares: Luckybit
Is it due to the continuing down trend of BTS, or was there some other more fundamental skew due to the way the shorting works?

Because of the down trend, volatility, and the fact that a lot of people need bitUSD in some amount for some reason. It could also be speculation.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads

Offline monsterer

Is it due to the continuing down trend of BTS, or was there some other more fundamental skew due to the way the shorting works?
My opinions do not represent those of metaexchange unless explicitly stated.
https://metaexchange.info | Bitcoin<->Altcoin exchange | Instant | Safe | Low spreads