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the_qort_coin [04/27/2023 18:14] – gfactorthe_qort_coin [04/27/2023 18:16] (current) – [QORT's Indirect Value To Fiat] gfactor
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 When the crypto markets began to tank in spring of 2022, LTC's price began to fall drastically. QORT's trading rate with LTC remained relatively stable during this period. So while QORT's 'price' in USD began to drop, it was hardly a drop in trade rates between QORT-LTC, it was mostly LTC's direct value to $USD that began to tank. As you can see, indirect values with our coin are simply INDIRECT and not entirely accurate reflections of what's occurring in Qortal's marketplace. When the crypto markets began to tank in spring of 2022, LTC's price began to fall drastically. QORT's trading rate with LTC remained relatively stable during this period. So while QORT's 'price' in USD began to drop, it was hardly a drop in trade rates between QORT-LTC, it was mostly LTC's direct value to $USD that began to tank. As you can see, indirect values with our coin are simply INDIRECT and not entirely accurate reflections of what's occurring in Qortal's marketplace.
  
-Next, is to point out the indirect fiat value of QORT depending on what third party coin it's trading with: QORT-LTC verses QORT-BTC might be completely different. As BTC's direct fiat value does not fluctuate identically to LTC's (none of these coins do). +Next, is to point out the indirect fiat value of QORT depending on what third party coin it's trading with: QORT-LTC versus QORT-BTC might be completely different. As BTC's direct fiat value does not fluctuate identically to LTC's (none of these coins do). 
  
 ==== QORT Does Not Have A Set Price ==== ==== QORT Does Not Have A Set Price ====
the_qort_coin.txt · Last modified: 04/27/2023 18:16 by gfactor

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