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by jaawn
3071 days ago
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To piggy back on something you said: a big issue I noticed recently is that it seems a lot of the websites people use to track this stuff have charts in <other coin> vs. BTC rather than <other coin> vs. USD (or some other established currency). As BTC goes up and down, these charts are extremely misleading due to the volatility. This dramatically pushes things into fantasy speculation land since people are valuating their speculative investments based on another very speculative investment. If BTC drops in USD price, and your altcoin of choice gains slightly vs BTC, these charts would show a "gain" when I think in reality it is still a loss. |
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