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RE: Where does cryptocurrency come from

in #cryptocurrency8 years ago

Why do Steem and Ethereum still follow Bitcoin?

Because human psychology is a major factor, and for most people, movements in one crypto will affect their perception of all the others.
The stock market works this way too - share prices of different companies tend to move up and down in unison, even when those companies have little or even nothing to do with each other.

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This is also a very valid point and expands on my theory that it's what market makers know. Thank you.

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