Post
Topic
Board Altcoin Discussion
Re: Why ETC weakens against BTC when BTC weakens against USD?
by
olushakes
on 16/06/2017, 07:56:01 UTC
Could someone please explain this? When watching chart of ETC/BTC I've noticed that recently Ether against Bitcoin follows quite well ups and downs of Bitcoin against USD.


I mean, I'd understood if it were the opposite - BTC weakens against USD and ETH doesn't, so it gets stronger against BTC.
There is no need for anyone to start cracking his brain in understanding the reason why its happening that way other than the fact that no matter how the coins are different as the developers might want us to believe, they are related and if there is a boom or doom, it affects everyone it now depends on specific individual strength that will reflect how bad or good  current situation will hit and that is why the reaction is different for all of them.