So regardless of the reason of this last dip. I noticed 2 of the top 10 coins ( XRP and XLM) sort of survived the dip and performed well against BTC which usually is not the case comparing this dip to previews dips . take 11th oct 2018 for example.
in USD rate in the last 7 days :
BTC dropped : 13.48%
XRP dropped : 6.7 %
XLM dropped : 9.2%
also XRP surpassed ETH "not for the first time" but this time i think it will last.
I think that these 2 coins will remain more stable than bitcoin for a long time.
seems like centralization or semi-centralization in crypto is going to take over one way or the other. I hope not but we shall see soon.
tell me what you guys think?
I admit, the magnitude of the decrease that occurs in BTC is the biggest compared to other cryptocurrencies, but if you only rely on such calculations, I think that is the wrong method. Why did I say that?, because the growth rates of BTC, XRP, and XLM were never stable or the same as the previous days. IMO, everything that happens in the market's only temporary, nothing's eternal. BTW, how long have you been analyzing?