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Title: ETH/BTC Seperate Charts? Post by: minerX1024 on February 02, 2018, 03:46:11 PM Hi,
Does anyone know how a "pair" like ETH/BTC is calculated? There must be two sets of data, so there must be split charts. Ideas? Cheers Title: Re: ETH/BTC Seperate Charts? Post by: BrewMaster on February 02, 2018, 04:32:09 PM whenever you are looking at the price of a pair, there is always a base currency that the other one is traded with. in case of ETH/BTC bitcoin is that base currency. think of BTC here as USD when you trade BTC/USD.
so when you say ETH/BTC price is 0.1 it means that you pay 0.1 bitcoin to get 1 Ethereum. there is no split chart. it is one market with 1 chart. Title: Re: ETH/BTC Seperate Charts? Post by: cryptocrusher on February 02, 2018, 04:35:16 PM whenever you are looking at the price of a pair, there is always a base currency that the other one is traded with. in case of ETH/BTC bitcoin is that base currency. think of BTC here as USD when you trade BTC/USD. so when you say ETH/BTC price is 0.1 it means that you pay 0.1 bitcoin to get 1 Ethereum. there is no split chart. it is one market with 1 chart. This, the data sets you could look at if you wanted something resembling what a split chart would be would be ETH/USD and BTC/USD, viewing them against something else should show their individual price movements and how that's then reflected on the ETH/BTC chart. Title: Re: ETH/BTC Seperate Charts? Post by: onnz423 on February 02, 2018, 04:38:17 PM Usually they are both calculated against the dollar, or whatever the native currency you're looking at is. Then the two dollar values are compared against one another to produce a ratio that you see on most charts. On some websites they're compared against USDT which is usually exactly $1, but does vary slightly if demand increases.
Title: Re: ETH/BTC Seperate Charts? Post by: layoutph on February 02, 2018, 05:11:37 PM If you are playing ETH with BTC and USD. Decide which do you want to grow. If you decide to increase the value of BTC then, buy ETH during dips. It will raise the value of BTC. If you want to raise the value of USD, then buy ETH/USD. The pair of ETH and USD gives more profit than BTC/USD.
Hi, Does anyone know how a "pair" like ETH/BTC is calculated? There must be two sets of data, so there must be split charts. Ideas? Cheers Title: Re: ETH/BTC Seperate Charts? Post by: alibaba93 on February 17, 2018, 05:17:24 PM Hi, We can see the market during the boom days as the price of bitcoin and altcoin are all rising dramatically. We can see bitcoin and Ethereum prices rising sharply in recent days. So I think you should not trade ETH / BTC but trade with BTC / USDT or ETH / USDT, so you will be able to earn much more profit.Does anyone know how a "pair" like ETH/BTC is calculated? There must be two sets of data, so there must be split charts. Ideas? Cheers Title: Re: ETH/BTC Seperate Charts? Post by: xitrum on February 17, 2018, 06:23:54 PM Hi, We can see that the market has been burning in recent days as the price of bitcoin and altcoin has increased dramatically and ETH is also very good. Therefore, if you trade with ETH / BTC then you will make a huge loss or only small profit. Therefore, you need to monitor and thoroughly examine the competition before making an investment decision.Does anyone know how a "pair" like ETH/BTC is calculated? There must be two sets of data, so there must be split charts. Ideas? Cheers |