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>BTC price down but US dollar Price is up Why does this happen?

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Thread replies: 25
Thread images: 8

>BTC price down but US dollar Price is up

Why does this happen? Shouldnt they be the same? My best guess is the money is flooding out of Altcoins to buy BTC so USDT prices go up.
>>
the coin is worth fewer sats but each sat is worth more USD than before.
>>
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>>2962198
BUT HOW CAN IT BE
>>
>>2962198
How does that work?
>>
It's just a shitty coin, anon
>>
>>2962207
>>2962271
Which is worth more?

0.2 of $2000 or 0.15 of $4000
>>
>>2962279
JEyW you are an idiot. Every coin is in the same situation. I left the coin out (obviously LTC) to avoid convo about it. Why is BTC prices different from US Dollar/USDT prices is the question
>>
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I DON'T UNDERSTAND
WHY ARE THEY NOT THE SAME?
>>
>>2962193

That coin's price rises compared to USD but because BTC compared to USD rises even faster, that's why it's value sinks compared to BTC.
>>
>>2962356
don't try to apply reason or logic to crypto
>>
>>2962193
It's because BTC price went up today.
>>
This is what I mean
>>
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>>2962406
But what does it MEAN?
>>
OP are you fucking moron? >>2962198

theres your answer
>>
>>2962488
So my money should have increased?
>>
>>2962406
>doesn't understand it
>thinks it's magic
>>
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No one can be this dumb.
>>
>>2962495
No it's gone down!
>>
>>2962503
SHIT IM GOING KMS.
>>
moran
>>
>>2962406
it's literally basic math, reason and logic have nothing to do with it

you are a very stupid person
>>
>>2962519
ME TOO!!!

...

You go first.
>>
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>>2962193
How can the dollar price go up if you can only buy it with dollars?
>>
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>>2962406
>>2962193

reminder that these are the intelligence levels of the people giving you advice on /biz/
>>
>>2962193
>Print btc/usd chart
>turn btc/usd chart upside down
>reverse timeline
You now have a nice usd/btc chart
Thread posts: 25
Thread images: 8


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