If I buy and sell Bitshares on an exchange with Bitcoin BTC/BTS and Bitcoin rises to $1000 in value does that make the price of Bitshares less, is the price of bitshares effected by the price of Bitcoin?
Or will the value of BTS won't be effected it will just mean when you cash out you will receive less bitcoin because Bitcoin will go upon value. So basically Bitshares price is only effected by marketcap and available supply and demand of bitters?