Lol Dalin, I love you but a little bit of fundamentals doesn't hurt at times
jwoodhe1
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I believe any time it goes above or below NBT increase or decrease supply to keep it to a dollar so I guess it can pump to a dollar +or- if you look at the dollar chart it’s pretty much a flat line.
jwoodhe1
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It’s a stable coin. Pegged to 1 dollar. I believe.
GeXTV
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@jwoodhe1, exactly, lol thats why occasionally you need to look at fundamentals ;) throw a 3-wave TA on that and all it means is you're predicting BTC plummets to $2000 or something lol
High_Altitude_Investing
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@jwoodhe1, Bet it still pumps for no reason other then sentiment is what drives value not fundamentals
GeXTV
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@Dalin_anderson, all due respect, this coin is an exception. look at it on coinmarketcap. it's pegged to the dollar like USDT is. the only way for it to "pump" is for it's BTC ratio to increase, meaning BTC has to go down
High_Altitude_Investing
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@mfgex, the dollar chart has been moving though even though they say its pegged -- also look at that buying volume
GeXTV
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@Dalin_anderson, *shrug* you could -literally- apply the exact same logic to a USDT chart...