Post
Topic
Board Altcoin Discussion
Re: When will altcoins be independent of bitcoin's movement?
by
bottledfireworks
on 17/02/2018, 09:48:47 UTC
I understand that since altcoins are paired with BTC for trading, the price is based off bitcoin's.

However, even if an altcoin is doing well, it can tank (in terms of sats) when bitcoin's price corrects.

Will we ever see a market that isn't so heavily dependent on bitcoin? Is this possible for the future?

We need to accept what value of altcoins now. We need still to wait and have some patient because when the value of bitcoin is going high and going stable again, we don't have any problem in altcoins because value of it is going high too. Patient is the key for successful life.