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/biz/ - Business & Finance

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14433749 No.14433749 [Reply] [Original]

No matter what move BTC makes LINK/BTC is fixed. Yet LINK/USD doesn't seem to move in a way that explains it. I feel like I'm losing my mind.

>> No.14433784

Because LINK and BTC are inversely correlated and LINK is being accumulated in stealth. The hard part at the moment is convincing people to sell their bags so institutions can buy in without making that correlation obvious to the commoner.

>> No.14433795

>>14433749
because btc is pegged with LINK

>> No.14433806

Weird it's almost like BTC is the biggest coin of them all and makes value fluctuate because of that

>> No.14433821
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14433821

>> No.14433859

Because someone wrote a massive wash bot that wash trades on binance 24 hours a day it basically serves as a refuge for jobless virgins to park their bitcoin gains. Until the game is over...

>> No.14433865

>>14433806
No but say BTC goes up 2% and LINK/BTC stays the same. It means LINK has also risen 2%. But LINK/USDT isn't doing that at all. It's not matching.