While currency pairing may be a good way to avoid interest as opposed to currency - fiat- currency; the bitcoin pairing with other currencies creates Bitcoin related instability , false signals and price movements that induce panic and either false buying or selling pressure. Maker / Taker model could help solve that particular aspect of things.
Bitcoin may be called the "flagship" currency due to it's overall market capitalization, but just as with the term , so comes a correlation that may not apply.
Often , it seems that by the time the interexchange rate adjusts , the value of an alt-coin has already been pushed from support by the movement of this "flagship" currency.
Its designation as such is also damaging and confusing , especially to those who don't do basis research on the fundamental technology behind a coin ; as the technology is not all the same, yet a threat to one - take mining for example , all too often brings down currencies that are NOT mined.
I believe coupling at this point is a leading cause of collateral price movements that otherwise make no sense.
The entire U.S. Market is bleeding , and the only notable coin that's truly in the green is something called Factom , which has gained %50, which looks suspicious to me.
*I am not a financial advisor , not trained in any classical sense. I base my writing on close observation of the market , what few existing metrics CAN apply in my opinion , observation of order books , and prices across different exchanges.*
Bitcoin may be called the "flagship" currency due to it's overall market capitalization, but just as with the term , so comes a correlation that may not apply.
Often , it seems that by the time the interexchange rate adjusts , the value of an alt-coin has already been pushed from support by the movement of this "flagship" currency.
Its designation as such is also damaging and confusing , especially to those who don't do basis research on the fundamental technology behind a coin ; as the technology is not all the same, yet a threat to one - take mining for example , all too often brings down currencies that are NOT mined.
I believe coupling at this point is a leading cause of collateral price movements that otherwise make no sense.
The entire U.S. Market is bleeding , and the only notable coin that's truly in the green is something called Factom , which has gained %50, which looks suspicious to me.
*I am not a financial advisor , not trained in any classical sense. I base my writing on close observation of the market , what few existing metrics CAN apply in my opinion , observation of order books , and prices across different exchanges.*
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해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.