Post
Topic
Board Economics
Re: Do crypto exchange rates matter?
by
xbl1008
on 22/12/2017, 02:06:34 UTC
Ok so I have to buy BTC and trade it for XRP in order to obtain some Ripple. Knowing how the forex market works, im wondering if I bought my BTC at 16k instead of 18k, would I be able to afford more XRP compared to buying BTC at 18k? or is it the exchange rate constant?

Thanks for the replies !!

I think yes because fees can differ in alt coins it can be much cheaper or much expensive it depends bitcoins fees now have gone big so people are looking for some alternative I see atomic swaps are the trend right now because of this sudden increase in the fees that is affecting the market so new players seeing this as a big hurdle to begin with investors are coming but users are decreasing drastic