ELI5: How is it that the price of a coin is less in BTC yet still more in USD
For example... in 2013 1 LTC was 0.033 BTC and $25 yet today LTC is 0.009 BTC yet $80 I understand that its because the value of Bitcoin was a lot lower... but what I dont understand is how is that possible and more importantly, why is coinmarketcap.com saying LTC has increased in value when it has not.... it has decreased in value by over 90% or take lisk for example the USD price has been rough 7-13 for a long time yet the btc value has been in an never ending bear market. how can one stop loosing so much btc trading theses Alts... yet still keep the same usd amount lol submitted by /u/omnifecint [link] [comments] Read More