I’m not sure I’m understanding this so forgive me if I’m ignorant here, but is it not based off of their prices in fiat?
Like 1 XMR = ~0.0023 BTC, and it’s exchanging at that rate because 1 XMR = ~$146 USD, which also is = ~0.0023 BTC. So you get that amount of Bitcoin /because/ that’s how much the XMR would be worth in fiat. Or is there another way to calculate it?
jin / jin 🧙♂️
npub1pf…4665m
2024-10-07 17:27:53
in reply to nevent1q…sgje
Author Public Key
npub1pfmh8z085zlwmwjtq6m4hrgwuw99vjcwkpdf9dr9kmjgfg985jfqu4665mPublished at
2024-10-07 17:27:53Event JSON
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"content": "I’m not sure I’m understanding this so forgive me if I’m ignorant here, but is it not based off of their prices in fiat? \n\nLike 1 XMR = ~0.0023 BTC, and it’s exchanging at that rate because 1 XMR = ~$146 USD, which also is = ~0.0023 BTC. So you get that amount of Bitcoin /because/ that’s how much the XMR would be worth in fiat. Or is there another way to calculate it?",
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