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RE: BitShares (BTS): Short Term Target $0.1607 before $0.21

in #bitcoin7 years ago (edited)

If you're going to be a crypto analyst, speak in terms of its trading pairs such as BTC (satoshi) instead of the completely irrelevant USD. BTS doesn't even have a USD trading pair that I'm aware of.

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Please do explain how USD is completely irrelevant. BTS trades with BitUSD, OpenUSDT, USDT, which all track the USD. Please read back on the blog, and watch the videos to see why USD is used in many cases. Also if you look back, even one day, you will see @haejin usually includes multiple pairs of trade in a post.

Fiat is very relevant in crypto trading, because it is the only way to have a true value to any coin. BTC is measured off of the USD and other fiat.....and if BTC is the major pair for all alt coins, then all alt coins by default are being compared to USD or other fiat.

It is also prudent to have a way out of crypto when the market turns bear. In that situation, no crypto is a safe haven for your funds. Fiat currently is, due to it's barely and slightly wavering value.

"If you're going to be a crypto analyst".......WOW........muted already....damn.

HAHAH that shut him up fast!!!!! lmao

I usally post both /usd and /btc; today and tomorrow i'm traveling with clients and so very short on time. Review the others and you'll see both pairs.

Irrelevant is very relative...to you irrelevant but not to others.

I much prefer the USD pairs as it gives context without the BTC volatility

Searching for a USD pair analysis is how I first found you, Haejin.

Wait till everything is replaced with bitUSD. USDT is a ghost pegged asset btw.

Of course much appreciated for the USD Haejin!

You sound like an ungrateful ass

I'm pretty sure he's a troll. Obviously a very small grasp on what's going on here.

We use both, here. Right now USD pairs are leading BTC pairs, and likely a more primary indicator. It will be nice when all alt have fiat pairs. BTS has bitUSD trading pair.

Haejin already put a BTC chart there mang, Cheers. How astute and wise, giving back. Thanx again Haejin. USD gives insight in BTC volitlity as noted above.

we are all learning. aren't we now

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