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RE: Bet for Winklevoss ETF Approval by SEC on Bitshares DEX with STEEM!
If you buy 1 ETFBTC for 0.3 BTS then ETFBTC becomes 1 BTS [if approved in thsi case] you make 0.7 BTS per token.
If you buy 1 ETFBTC for 0.3 BTS then ETFBTC becomes 1 BTS [if approved in thsi case] you make 0.7 BTS per token.
Yes, but how?
1 ETFBTC token will disappear and 1 BTS appears
or I will be able to sell 1 ETHBTC at price 1 BTC
The person selling you ETFBTC is giving a colaterral of 1 BTS per sold ETFBTC. So after the final person who sold or bought pays from colaterall
I'll check it anyway