Got an interested reply from Hitbtc:
"Thank you for reaching out to HitBTC. Your proposal looks rather interesting and we are glad that you are considering the cooperation with us.
I have studied the information on Bitshares X on your site and on wiki; the project description is very impressive. By the way, do I get it right that the project is not launched yet?
I wonder if you can explain me in more detail how it all will work. What are your conditions and what is required from our side?
Thank you,"
I replied with the following:
"Thank you for the prompt reply, and for taking the time to understand our project. Bitshares-X is a very large and multifaceted project but I'll explain as succinctly as I can. We are essentially a decentralised bank and exchange which operates on 200% reserve.
Bitshares-X is live now. The current bitassets are listed here:
http://www.bitsharesblocks.com/assetsThe bid depth and ask depth for any asset needs to reach a certain threshold before going live and the number of live feeds must be over 51. So far bitUSD, bitCNY and bitBTC have been 'unlocked' and are currently tradable within our downloadable client as well as on a few third party exchanges. You'll see bitGLD and bitEUR are highlighted in orange and they will become tradable next. There is no individual who decides when a bitasset will 'unlock', anyone can create one and then the market decides to 'unlock' it once there is enough demand to support the market peg, which keeps the price tightly pegged to the 'real world' price.
As Bitshares-X grows, any fiat currency or commodity will be tradable all within the Bitshares-X decentralised exchange. For example bitOIL, will track the price of oil and let oil speculators trade, and bitSLV will do the same for silver and bitGLD for gold. Real world assets tradable in cryptocurrency with all the benefits it brings such as privacy, security, simplicity, open to all, almost no fees.
What we are initiating currently with exchanges including HitBTC, is understanding of bitassets.
Bitassets can be added to HitBTC, similar to adding multiple cryptocurrencies. The difference is that bitassets, as they are released, appeal to entire new markets. Having bitGLD, once it launches, on your exchange would mean you could advertise to gold speculators, and likewise with bitSLV, bitOIL, opening up huge channels of new users. There can even potentially be bitassets such as bitGOOG tracking the price of Google stock, resulting in an entire stock exchange within the bitshares client, as well as currencies and commodities!
We therefore encourage HitBTC to expand into bitassets now, in such a way that it is ready to add other bitassets in the future and stay one step ahead of the game in the crypto-exchange ecosystem. At this stage this would meaning adding bitUSD, bitCNY and bitBTC as tradable options.
I hope this explanation contains the key information,
I'd be happy to answer any more questions about Bishares-X you may have,
Regards"