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RE: DASH is Ready to JUMP Again!! Target $1,987

in #money7 years ago

Can you please explain how to do this? I just have everything on bittrex. Bitshares wallet seems difficult to purchase coins. I don’t see all the coins.

Also, how does BTS go up when Dash does on bitshares? Is t because everything is backed by BTS? So if I transfer everything to bitshares wallet, and the prizes increase, I get more BTS? In addition to BTS I purchased?

Thank you im advance

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He buys dash as a derivative on bitshares.org and he has to place 175% deposit for what he buys, in BTS - that amount gets put away as a security for the duration of the deal - and thereby the amount in circulation gets smaller, scarcer, the price rises...

So is the net effect really bigger gains, if you have to put 175% on deposit to get the derivative?

That's not much, you have to put up way more in stock futures.
Not the right thing for me... its more that the thing is on offer, and it would make the bitshares exchange very practical, if you don't want to risk all of your funds anyway, and if you trust in the stability of bitshares more than in that of bitcoin, or whatever the asset is.
Personally, I see it more in the way of "look what this platform can do !"