Post
Topic
Board Altcoin Discussion
Re: Are all altcoins dependent on Bitcoin?
by
aylabadia05
on 31/07/2021, 03:06:13 UTC
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!

For me, the birth of Altcoins on the basis of the independence that Bitcoin provides in the cryptocurrency world.
Independence will exist as long as he is able to compete in the crypto market even though there are assumptions like yours that all altcoins are built on the basis of Bitcoin.