Post
Topic
Board Altcoin Discussion
Re: Ethereum is the King of ICO, Do you agree?
by
kiw_91
on 14/09/2018, 02:51:37 UTC
My answer is always bitcoin will always beat all. this is due to, “because Bitcoin is king/queen, and the other coins are at best following it.

It is hard to come up with a fundamental algo with which to price coins, so coin prices just follow Bitcoin as a sort of gold standard (“the Bitcoin Standard”).

It is the number one coin, and thus it is the coin that decides the market price in general.

If there is another standard way of changing ALTs to other currencies example to FIAT. it would much less affected to the price of BTC.