none of these charts are using BTC or XMR as unit of account.
none of them.
nobody does. until these things are used as MoE and prices are denominated in BTC that isn't a thing.
when homeboy says he denominates large purchases in BTC, it means he sees a house price and says "thats 10 BTC."
iow, it comes back to USD
until the house is priced, marketed and sold for BTC.
so no,
you are wrong. and it matters.
THERE ARE NO BITCOIN DENOMINATED CHARTS
If you put BTC as the denominator, it's the unit of account... You don't understand basic comparisons man.
THE POINT IS THAT "BTC" IS THE FIAT USD DENOMINATED VALUE OF "BTC"
prove me wrong.
If you put USD as the denominator... The chart does not involve USD. Only XMR and BTC.
Your argument is we don't know the value of anything and we can't measure it.
getting closer...
my argument is that we measure relative value with the dominant UoA.
which is USD.
that stuff you shit on 90% of the time but want to wave in XMR bros face when it suits you.
It always suits me. I don't measure value in USD. I measure in BTC. You should try it.
you are welcome to do whatever you like.
your chart however, is denominated in USD.
No... It's not but ok.
as homeboy is pointing out on the other thread there is nuance,
because an exchanges order book doesnt *necessarily* follow the USD price
but since it does in fact follow the USD price
like absolutely always,
(because if they DONT follow USD price its an opportunity for traders and they jump in until it swings back)
Exchange charts are de facto USD denominated.
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