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/biz/ - Business & Finance

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10690171 No.10690171 [Reply] [Original]

I'm thinking of selling my LINK stack at 0.001 ETH, and rebuying at the 0.0006-0.0005 range. It should drop that low, r-right? why the hell is it rising in ETH? makes no sense.

>> No.10690311
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10690311

It's gonna bounce, right anon?

>> No.10690389
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10690389

>>10690171
maybe because eth is dropping like a stone compared to btc?

>> No.10690525

>>10690389
my point is, shouldn't link also drop like a stone?there's no reason for it not to (for now).

>> No.10690816

>>10690389
You can't be serious. That's not how it works...

>> No.10691338

>>10690816
it is
there's more volume on the BTC side keeping the USD value stable-ish and ETH is dropping like arock, arbitrage makes the LINK value in ETH go up

it's not rocket science m8