settlement explained

[yvv]

Thanks for creating topic. Was going to ask same questions.

[JonnyB]

Ther seems to be alot of confusion about the settle ment process, could somebody explain settlement rules clearly.

If you settle does it settle immediately or in 24hrs and at what price feed?
what is SQP?
 If every smartcoin holder settled would all smartcoins cease to exist?
why are people moaning that the shorts are having a hard time with the current rules?