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Quote from: merockstar on June 20, 2014, 12:54:57 am

would it be accurate to say that a bitUSD is going to be worth a USD because the price won't be based on supply and demand, supply instead coming from bitUSD being conjured up on a case by case basis when the need for it is created by collateral being deposited, and the price will be determined by the expectation of every bitshares user that a bitUSD= a USD?

The bold text is factually correct, the rest is edit of what you wrote… not sure this is the best way to put it though.

'would it be accurate to say that a bitUSD is going to be worth a USD because the price won't be based on supply and demand, supply instead coming from bitUSD being conjured by collateral being used (), up on a case by case basis, when the need for bitUSD exists, and the price will be determined by the expectation of every bitshares user that a bitUSD= a USD?'

* conjure def. : 'To summon (a devil or spirit) by magical or supernatural power.'

Why people expect that a bitUSD= a USD?I still can not get it

终于等到了，做出来，让大家用上，边做边改进！加油



键血疯猴http://weibo.com/u/3805143917/home?topnav=1&wvr=5

Is it done? plz @bytemaster reply

7McJFPX4y7rue4dw7HbSm4QhcwRqpTxSkZEAArctjo5iiedrvE

I am in.

我申请加入。