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Title: With altcoins paired against btc, why price not up when btc down? Post by: Tekunda on January 18, 2018, 06:24:55 PM There must be a fundamental error in my way of thinking, but I admit, I don't understand why the price of altcoins which are paired against bitcoin is not going up?
In Forex, if you have a currency paired against the dollar, like GBP/USD, the pound goes up, when the USD goes down. Why is this different in cryptocurrencies? And just for the sake of the argument, what will happen with a crypto pair, say Litecoin/BTC should the bitcoin price go down real low, say $1000? |