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Offline etherbroker

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Pricing Bitassets
« on: April 03, 2014, 07:07:39 AM »

Does anybody know what bitUSD will trade for against USD?

Are the bitUSD more valuable, because they earn interest?

Does bitUSD have negative tax implications?

Any guesses?  I mostly want to know because I am trying to see if I have discovered a solution to compel organic (and unstoppable) ADOPTION + GROWTH.


Offline bytemaster

Re: Pricing Bitassets
« Reply #1 on: April 03, 2014, 07:49:00 AM »
BitUSD should trade within +/- 5% of USD if I had to guess.

Initial version will not pay interest.
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Offline etherbroker

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Re: Pricing Bitassets
« Reply #2 on: April 03, 2014, 08:17:38 AM »
Looking into the future, assuming BitUSD is paying interest as originally planned,

There is reason to assume it will be more valuable than dollars

I think that is understood.

If that was consistent a decentralized gateway could serve the community by providing fiat for bitAssets, and also capturing a gain (if this is true this gain COULD be used creatively, at least more creatively than OLD WORLD model of pocketing it).

Could a gateway pull something like that off though?  Theoretically?  Efficiently buy bitAssets at their nominal price and make a profit?

Just looking for gaping holes in this theory.


Offline biophil

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Re: Pricing Bitassets
« Reply #3 on: April 03, 2014, 02:53:57 PM »
Looking into the future, assuming BitUSD is paying interest as originally planned,

There is reason to assume it will be more valuable than dollars

I think that is understood.

If that was consistent a decentralized gateway could serve the community by providing fiat for bitAssets, and also capturing a gain (if this is true this gain COULD be used creatively, at least more creatively than OLD WORLD model of pocketing it).

Could a gateway pull something like that off though?  Theoretically?  Efficiently buy bitAssets at their nominal price and make a profit?

Just looking for gaping holes in this theory.

Look at it like this: if I can make a profit exchanging bitassets for realassets at the nominal price, that will pull the values of the two closer together. If I can do it, so can anybody else, and competition will drive the difference between the prices to 0.

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Offline luckybit

Re: Pricing Bitassets
« Reply #4 on: August 26, 2014, 09:57:18 AM »
Looking into the future, assuming BitUSD is paying interest as originally planned,

There is reason to assume it will be more valuable than dollars

I think that is understood.

If that was consistent a decentralized gateway could serve the community by providing fiat for bitAssets, and also capturing a gain (if this is true this gain COULD be used creatively, at least more creatively than OLD WORLD model of pocketing it).

Could a gateway pull something like that off though?  Theoretically?  Efficiently buy bitAssets at their nominal price and make a profit?

Just looking for gaping holes in this theory.

Look at it like this: if I can make a profit exchanging bitassets for realassets at the nominal price, that will pull the values of the two closer together. If I can do it, so can anybody else, and competition will drive the difference between the prices to 0.

Sent from my SCH-S720C using Tapatalk 2

No, not 0. A gateway would have to be centralized and regulated which means there will likely be a pretty high fee.

I could be wrong but that is what I would expect due to the high costs of setting a gateway up.
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