Quote from: KingsDen on June 08, 2021, 09:54:52 AM

I want to understand if all altcoins are built upon the foundation of BTC. This is because when there is severe crash of BTC, all other coins, I mean all, also crash.

Is there no independence in the cryptocurrency world?

Thank you!

I hear this saying almost daily from people, that BTC is built on choice in the future, so they should be the solution to every problem that is caused, but in general I can't understand the saying.

In addition, you mentioned that when BTC crashes, other coins crash too, whether other coins rely heavily on bitcoin, or even those who have a role behind other coin crashes. This is something strange for us to know, there is not even room for us to find out.

If this assumption is correct, then it is certain that other coins are very dependent on bitcoin, both in determining the buy and sell prices as well as the top level in market capitalization. Considering what you said about the lack of independence in the cryptocurrency world, I can't understand this openly.