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    Tuesday, December 29, 2020

    [Daily Discussion] Tuesday, December 29, 2020 Bitcoin Markets

    [Daily Discussion] Tuesday, December 29, 2020 Bitcoin Markets


    [Daily Discussion] Tuesday, December 29, 2020

    Posted: 28 Dec 2020 08:04 PM PST

    Thread topics include, but are not limited to:

    • General discussion related to the day's events
    • Technical analysis, trading ideas & strategies
    • Quick questions that do not warrant a separate post

    Thread guidelines:

    • Be excellent to each other.
    • Do not make posts outside of the daily thread for the topics mentioned above.

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    submitted by /u/AutoModerator
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    [Altcoin Discussion] Tuesday, December 29, 2020

    Posted: 28 Dec 2020 08:05 PM PST

    Thread topics include, but are not limited to:

    • Discussion related to recent events
    • Technical analysis, trading ideas & strategies
    • General questions about altcoins

    Thread guidelines:

    • Be excellent to each other.
    • All regular rules for this subreddit apply, except for number 2. This, and only this, thread is exempt from the requirement that all discussion must relate to bitcoin trading.
    • This is for high quality discussion of altcoins. All shilling or obvious pumping/dumping behavior will result in an immediate one day ban. This is your only warning.
    • No discussion about specific ICOs. Established coins only.

    If you're not sure what kind of discussion belongs in this thread, here are some example posts. News, TA, and sentiment analysis are great, too.

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    Alt Coins against BTC vs USD

    Posted: 28 Dec 2020 06:12 PM PST

    Can someone explain the mechanism that causes their to be a difference in these trading pairs? I understand that if I want to accumulate BTC that I should care more about the BTC trading pair but I'm unsure what causes them to diverge. Take DOT for example. Looking at its CoinMarketCap chart why is the BTC trading pair worth more on a relative basis compared to the USD trading pair in September but now it's the other way around?

    submitted by /u/vivid018
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