Post
Topic
Board Announcements (Altcoins)
Re: [ANN][DRK] Darkcoin | First Anonymous Coin | Inventor of X11, DGW and Darksend | Instant TX
by
toknormal
on 13/01/2015, 13:02:17 UTC
Surely the DRK/BTC price will keep the same ratio as the BTC/USD price in relation to the DRK/USD price.

Meaning you wouldn't get BTC/USD and DRK/USD dropping and DRK/BTC rising. They are all in sync with one another.

I'd say the DRK / BTC ratio drives the DRK dollar price, not the other way around. That's because the BTC / USD market volume far outwighs the DRK / USD volume.

So:

DRK($) = BTC($) x (DRK/BTC ratio)