Post
Topic
Board Altcoin Discussion
Re: Monero (XMR) Speculation thread
by
nutildah
on 14/08/2014, 02:24:30 UTC

In just feel it's not a good analysis because bitcoin it's calculated pegged to USD and Monero is calculated pegged to Bitcoin, I think it'll be impossible for any coin pegged to a currency to be less volatile than that currency.


I understand where you're coming from but the fact is you cannot exchange USD for Monero so a USD/XMR pairing doesn't mean much. Why shouldn't I also have to calculate bitcoin into euros, pounds, dinars, yen and everything else and then make a mass average for Monero?