BitShares Forum

Main => General Discussion => Topic started by: monsterer on August 17, 2015, 08:48:28 am

Title: Remind me, why is bitUSD trading at a premium right now?
Post by: monsterer on August 17, 2015, 08:48:28 am

Is it due to the continuing down trend of BTS, or was there some other more fundamental skew due to the way the shorting works?

Title: Re: Remind me, why is bitUSD trading at a premium right now?
Post by: luckybit on August 17, 2015, 09:06:56 am

Quote from: monsterer on August 17, 2015, 08:48:28 am

Is it due to the continuing down trend of BTS, or was there some other more fundamental skew due to the way the shorting works?

Because of the down trend, volatility, and the fact that a lot of people need bitUSD in some amount for some reason. It could also be speculation.