$LUNC $USTC sometimes the seller and the buyer are the same | _Who_Am_I_ on Binance Square

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$LUNC $USTC sometimes the seller and the buyer are the same party 
#CATIonBinance #BinanceLaunchpoolHMSTR #NeiroOnBinance #FOMC #moonbix 

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+1.82%

USTC

0.01832

+3.50%

429

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$USTC $LUNC $LUNA One answer to the question of why all cryptocurrencies are falling at the same time is that many altcoins are not traded with US dollars, but with Bitcoin. This of course automatically leads to their value in US dollars being highly correlated. Unfortunately, these 3 coins are not traded against Bitcoin and should therefore not be dumped at the same time unless someone uses an algorithm that you cannot simply use as a customer so what is the point of it happening if this dumping does not benefit the chain and only withdraws liquidity that customers have been bringing in for 2 years to save the chain ?

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@Richard Teng I would understand if lunc ustc Luna dumped with Bitcoin when they were traded against Bitcoin but that is not the case so it should not be the case that it is algorithmically linked to bitcoin. They know that but I think myself

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$LUNA @Terra 🌍 Powered by LUNA you only need to sell bitcoins instead of just withdrawing liquidity to buy bitcoins.

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@Richard Teng Microsoft is also not algorithmically tied to Apple why are their AMMs designed to dump all altcoins at the same time as Bitcoin?

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$LUNC If investors didn't rely on the peanuts burn from binance every month which brings absolutely nothing, they would try to do a burn themselves and not wait like greedy dogs for binance to burn #who_am_i

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