bitUSD price is backed by BTSX so the bitUSD market cap is included in BitsharesX market cap.

Quote from: GaltReport on August 29, 2014, 01:29:20 am

Quote from: gamey on August 28, 2014, 11:49:07 pm

Quote from: champbronc2 on August 28, 2014, 11:28:19 pm

Hey everyone,

Founder of BitQuick.co and AltQuick.co here. We're proud to announce we have completed our BTSX and BitUSD integration! Trade in the United States and Europe.

Go list your BTSX and BitUSD for sale for cash deposited directly into your account.

Or buy BTSX/BitUSD instantly! Pay via cash deposit or SEPA transfer. There are currently about 28k BTSX and 75 BitUSD listed for sale

Check it out: https://www.altquick.co/buy

Confused? https://ww.altquick.co/how-to or post your questions!

2% to buy, always free to sell.

Follow us: https://twitter.com/altquickco

So I can take USD, deposit it into a bank account in person and you'll send me BTSX?

You will have to trust "someone" to send it to you I believe.  You will deposit money into "someone's" account, send them a copy of the receipt and they are "supposed" to send you your coin.  No escrow involved I believe.   I have heard of problems with this approach on reddit.  Can't remember the details though and whether it was on the selling side or buying side.

The risk is for the seller of the digital asset. It went something like this:
1) deposit money and get receipt
2) receive digital asset
3) go back to bank with receipt and get money back.

I haven't bought this way before but if you go to localbtc and read the ads it's clear this is what happens. I'll need to checkout this service to see how they mitigate that attack.