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Offline monsterer

USD inverse market pegged asset
« on: April 17, 2015, 09:00:27 AM »

Are there any legitimate uses for an inverse USD pegged asset? Buying bitUSDINV would be like shorting bitUSD.
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Offline xeroc

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Re: USD inverse market pegged asset
« Reply #1 on: April 17, 2015, 09:26:50 AM »
.. to be long on a short position? To be able to sell your short position to someone else? I am not into financial alot .. but just don't get the reasoning behind construct like those .. could you elaborate a little?
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Offline Markus

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Re: USD inverse market pegged asset
« Reply #2 on: April 17, 2015, 01:13:07 PM »
Inverse to what? To one? How much is a one worth?

Offline Chronos

Re: USD inverse market pegged asset
« Reply #3 on: April 17, 2015, 03:50:03 PM »
My mind exploded when I tried to imagine the price of one bitUSDINV in relation to BTS.  :P

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Re: USD inverse market pegged asset
« Reply #4 on: April 17, 2015, 04:03:45 PM »
My mind exploded when I tried to imagine the price of one bitUSDINV in relation to BTS.  :P
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Offline toast

Re: USD inverse market pegged asset
« Reply #5 on: April 17, 2015, 05:31:56 PM »
Inverse to what? To one? How much is a one worth?

one unit, duh
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Offline Ander

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Re: USD inverse market pegged asset
« Reply #6 on: April 17, 2015, 05:41:23 PM »
This thread...

Wouldnt an inverse bitUSD just be a BTS?
Can we not achieve this exact functionality right now by buying BTS?

Oh wait, no one must buy a BTS under any circumstances, it must be avoided at all costs! :P
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Offline maqifrnswa

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Re: USD inverse market pegged asset
« Reply #7 on: April 17, 2015, 08:06:41 PM »
This thread...

Wouldnt an inverse bitUSD just be a BTS?
Can we not achieve this exact functionality right now by buying BTS?

Oh wait, no one must buy a BTS under any circumstances, it must be avoided at all costs! :P

the value of 1 inverse-bitUSD should just be the value of 1 USD short (2x increase in USD value decreases short value in half, and visa-versa), so buying BTS now should give you this functionality.
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Re: USD inverse market pegged asset
« Reply #8 on: April 17, 2015, 08:20:59 PM »
This thread...

Wouldnt an inverse bitUSD just be a BTS?
Can we not achieve this exact functionality right now by buying BTS?

Oh wait, no one must buy a BTS under any circumstances, it must be avoided at all costs! :P

It will be worth 1 BTS but it will be backed by 300% ^ 2 BTS. or about 9 BTS  :)

Offline hadrian

Re: USD inverse market pegged asset
« Reply #9 on: April 17, 2015, 08:42:21 PM »
This thread...

Wouldnt an inverse bitUSD just be a BTS?
Can we not achieve this exact functionality right now by buying BTS?

Oh wait, no one must buy a BTS under any circumstances, it must be avoided at all costs! :P

It will be worth 1 BTS but it will be backed by 300% ^ 2 BTS. or about 9 BTS  :)

So, 1 bitUSDINVINV would be worth the same as 1 bitUSD, but would be backed by the BTS equivalent of about 27 bitUSD?
In that case perhaps there would be a slight premium on it, making it worth a bit more than 1 bit USD (because it is backed more strongly)?
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Offline Ander

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Re: USD inverse market pegged asset
« Reply #10 on: April 17, 2015, 09:02:02 PM »
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Offline bitmeat

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Re: USD inverse market pegged asset
« Reply #11 on: April 18, 2015, 02:10:04 AM »
DSUtib


 

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