I have to say I have big belief in golem. Nice to see price stabilised a bit. Question is, if those bullshit on Bitcoin will sink price even more?
I personally would give a s**t to Bitcoin and just hold good alts like Golem during August etc. Who wants the bitcoin anyway? I suggest alts should rocket in price only because Bitcoin will be useless shit with lot of politics around it and it can lose value because who wants to hold a coin which is in hands of few mega miners with mega hashing power that can influence its development in a way they decide? I personally dont..
I think alts should be stopped to measure againts bitcoin, they should be seen as very separate units with no comparison to bitcoin. Only then we can get out of this ridiculous correlation with bitcoin. No matter how good is an altcoin, if BTC falls, your alt too.. ridiculous.. We need coins that can have their value made with no correlation to bitcoin. Only by its true features and its own market development.. We need to get more people into alts and stop look at it as on bitcoin on leverage.. because that is what is it right now :/
I see Litecoin already growing despite of BTC volatility, its getting more volume and marketcap, china is going heavy in trading LTC/CNY. It seems that in order for that to occur the coin/token needs to have 1)exchange pairs directly from coin/token to fiat and 2) retail/commercial use in point-of-sale application.
Sooner or later GNT will be able to "unhook" from BTC price action.