BitShares Forum

Main => General Discussion => Topic started by: Shentist on February 18, 2015, 11:04:28 pm

Title: It is official - bitBTC is now more worth then BTC !
Post by: Shentist on February 18, 2015, 11:04:28 pm

just take a look metaexchange.info (http://metaexchange.info)

So our beta phase is running so far without bigger problems and Paul already added some more features like

- directly open your client to send the needed transfer order to your client - so for anyone who is lazy, no more copy and paste!

We are also adding more and more funds to run the service and are looking forward to open the next pairs. Our goal is and will be - the lowest fees and the tightest spreads for the BitShares community.

Anyone who needs BTC and has some bitBTC left, just exchange it right now!

Title: Re: It is official - bitBTC is now more worth then BTC !
Post by: Markus on February 18, 2015, 11:18:56 pm

I guess this is what happens when nobody wants to short BitBTC against BTS.

I reckon what people think is: If crypto stays weak, BTS will continue to underperform BTC and if the crypto market recovers Bitcoin will be the first one to rise. Either way it is a bad idea to short BitBTC vs BTS. Thoughts?

Title: Re: It is official - bitBTC is now more worth then BTC !
Post by: starspirit on February 19, 2015, 02:12:43 am

Short 1 bitBTC, and exchange 1 BTS for 1 BTC. Then if bitBTC returns to parity reverse the trade for a profit.

Title: Re: It is official - bitBTC is now more worth then BTC !
Post by: monsterer on February 19, 2015, 10:31:31 am

He's talking about the rate on metaexchange, rather than the dex :)

Title: Re: It is official - bitBTC is now more worth then BTC !
Post by: speedy on February 19, 2015, 10:31:54 am

Quote from: Shentist on February 18, 2015, 11:04:28 pm

just take a look metaexchange.info (http://metaexchange.info)

So our beta phase is running so far without bigger problems and Paul already added some more features like

- directly open your client to send the needed transfer order to your client - so for anyone who is lazy, no more copy and paste!

We are also adding more and more funds to run the service and are looking forward to open the next pairs. Our goal is and will be - the lowest fees and the tightest spreads for the BitShares community.

Anyone who needs BTC and has some bitBTC left, just exchange it right now!

Looking forward to seeing the increased trade limits :)

Also what other pairs will you be adding?

Title: Re: It is official - bitBTC is now more worth then BTC !
Post by: monsterer on February 19, 2015, 12:12:09 pm

Quote from: speedy on February 19, 2015, 10:31:54 am

Looking forward to seeing the increased trade limits :)

Also what other pairs will you be adding?

Starting with bitUSD and then gradually adding *every* bitAsset as we grow - we are the bitAsset exclusive version of shapeshift :)

I'm only on the beta list for Tether USD as well, for bitUSD/USDT market.

Title: Re: It is official - bitBTC is now more worth then BTC !
Post by: santaclause102 on February 19, 2015, 02:05:20 pm

Quote from: monsterer on February 19, 2015, 12:12:09 pm

Quote from: speedy on February 19, 2015, 10:31:54 am

Looking forward to seeing the increased trade limits :)

Also what other pairs will you be adding?

Starting with bitUSD and then gradually adding *every* bitAsset as we grow - we are the bitAsset exclusive version of shapeshift :)

I'm only on the beta list for Tether USD as well, for bitUSD/USDT market.

Any future plans for an USD - BitUSD exchange service where you accept USD (basically a shop where you can buy BitUSD with USD)?

If yes when?

Title: Re: It is official - bitBTC is now more worth then BTC !
Post by: joele on February 19, 2015, 02:27:34 pm

http://www.reddit.com/r/Bitcoin/comments/2wfj8t/sell_your_bitbtc_to_btc_and_gain_01_more/