Do you think that Bitcoin has become too slow to compete with the relatively quick alt coins out there? Is it realty competitive to have a slow community rather than a centralised decision making in development?
In other words, does the community effect of decentralisation enough to counterbalance the difficult decision making processes?
When there is more supply for new altcoins, the price of coins tends to rise very fast. Another variable that can make coins move faster than Bitcoin is their market capitalization, coins with lower ratings can have room to grow because of low market capitalization. Lower market capitalization with public interest is likely to move much faster than Bitcoin.
I noticed the same. Bitcoin was dragging the whole market down but ALTs moved with much higher Beta. Ergo, BTC rises and ALTs rise proportionally higher. While Bitcoin moved up around 8% in one day many alts saw price appreciation in double digits. Pearl even went up 45%, but it was also bleeding a lot more before..