How stable has BItUSD been during past market crashes ?
RE: Bullish on BitShares: BitCNY on AEX and BitUSD > USDT
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Bullish on BitShares: BitCNY on AEX and BitUSD > USDT
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BitUSD and BitCNY price actually goes up (about 10% more than the USD or CNY) when everything is down... Great to edge some purchasing power and buy the dip. I love it;
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Very good thinking @dmesquita .
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Great question, you can check its chart. https://coinmarketcap.com/currencies/bitusd/
There have been a few very short lived swings in turbulent times. But the price always comes back near the 1USD peg.
Volume helps a lot and volume has just recently begun going up in the last few months.
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