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/biz/ - Business & Finance

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14509029 No.14509029 [Reply] [Original]

Wasn't it odd how coinbase only listed LINK with USD and ETH pairs, but no BTC pair?

I just thought about something.
What if they didn't add BTC pairs on purpose, so the majority of volume has to happen on the USD order book which means no BTC bots to drag it down.
Because USD is only directly tradable in the US, that means also no large volume bots to control the price from other countries (china).

Did they do this on purpose, so LINK can pump easier? What other reason could there be to just not do a BTC pair?

>> No.14509077

Because it is an ERC-20 token and coinbase doesn't do BTC/ERC20 pairs? Look at BAT? Why does BAT not have a BTC pair?

>> No.14509101

>>14509077
ZRX/USD exists though.

>> No.14509135

>>14509101
I meant ZRX/BTC

>> No.14509240
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14509240

>>14509077
They could if they wanted to. But they don't. Thats the fucking point.

>>14509029
What if i told you its impossible for BTC to function above a certain network volume and price?

Once all the whales have moves enough BTC into LINK and USD, LINK will be fully decoupled from the crypto market, functioning as a unique asset all it's own that has NO competitor.

Imagine holding shares in the internet at it's inception.
>pic related

>> No.14509685

>>14509029
Less trading options, more manipulation.

>> No.14509790

>>14509240
you forgot the part where coinbase staking functionality btfos' linkpool and all others as well. you didnt think sergey would let linkpool and other scams be the only options for staking from the start did you ;)