maybe bitCNY is what will kick bitUSD to start given a high percentage of the trading volume comes from the chinese
That is my hope too! Also, after Brian's webinar tomorrow.
My thinking now says BitBTC is the one that will help BTSX the most in the short term, as I said in other thread...
"A lot of people have a mental block where they keep their crypto investments separate from their fiat.
Keeping fiat in crypto form either requires a lot of faith in the BTSX system (in which case your a BTSX bull & would prefer to short) or a huge amount of distrust in the regular financial system. (BTSX is very new and can't engender that level of trust yet nor does it have any BitUSD utility yet.) So in the short term <3 months you're relying mainly on traders etc. vs. a lot of demand from people who actually want to keep a position in fiat on the blockchain.
However very few people could resist moving some of their BTC position into BTSX if people are effectively paying them high interest shorting below the peg.
The BitBTC peg will be tighter and effective BTC interest will be more of a talking point. Confidence in BitBTC on BTSX will be easier and more natural than fiat. So you will attract a lot more BitBTC longs than BitUSD longs in the shor term. That peg being tighter will help the BitUSD peg."