Does the price of Ethereum affects the price of Booleancoins?
RE: The Boolean Hodlers Program Begins As The 2nd Phase Of The Booleancoin ICO Does!
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The Boolean Hodlers Program Begins As The 2nd Phase Of The Booleancoin ICO Does!
Hi @anjalijha, to a degree, due to the fact that it trades against ETH and BTC; so, if Boolean's conversion rate with ETH remains constant, then the price, in turn, increases and decreases as Ethereum's Price (and BTC's) increases and decreases.
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So it means that when the price of Ethereum will increase, then we can expect the price of Booleancoins to increase in terms of USD.
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If the price people are buying Booleancoins in terms of Ethereum remains the same, then yes. If people are paying less in ethereum, then no. :)
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