Post
Topic
Board Altcoin Discussion
Re: When will altcoins be independent of bitcoin's movement?
by
velive08
on 17/02/2018, 09:56:17 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?
for now altcoin runs itself without relying on bitcoin I think it's hard. but in the future it may happen if too often depend on the bitcoin altcoin prices can not be stable. but I think it will need a process and time to come.