Now increasing liquidity in the USD:BTS market:
I don't get it. multisig-worker bought bitUSD at 210 BTS/bitUSD and now you are selling them at 180 BTS/bitUSD. This looks like expensive way to increase liquidity.
Well, the bigger picture is that the bitshares shareholders paid me in bitUSD instead of paying me in company stock (BTS). If the worker was paying me BTS directly (not going through multisig group), then I would end up with BTS worth twice as much as what they have been valued at when I created the worker - simply because the price has been raising for a couple days now already.
So the multsig group removes all the volatility and pays the worker in bitUSD what he asked for.
Now that `chainsquad` has been paid for the work delivered, it is our freedom to do with the USD what we like, that includes keeping them in the wallet instead of selling them - However, we believe in the future of BTS (for multiple reasons) and we also mentioned increased liquidity as one benefit of the whole setup. That is why we are placing a sell order at market price + a few percent.
In the end, it is actually a good deal for the shareholders even tho it is a bad deal short term.
Arguable, it could have been better to borrow bitUSD instead of buying them, but that would leave the multisig account (and thus the shareholders) with an open short position - arguable, too risky.
Also keep in mind that other exchanges pay for their liquidity as well. In this case, you even get volume (the multisig worker buying bitUSD) and you get liquidity from the freelancer (chainsquad) selling bitUSD.
Convinced?