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RE: FIXING THE ALT/BTC PAIRING PROBLEM IS IMPERATIVE TO THE SUCCESS OF CRYPTO
there is most definitely a problem. Look at the ALT's in the past week+, bitcoin has been surging hard but ALT coins like Stellar, ETH, XRP are all in a continuing freefall that is threatening to close peoples holdings. We're talking FREFALL... until this ridiculous hand-holding by btc is defeated once and for all, the ALT will NEVER have their ow identity.
True. It has been obvious for me especially the last months that ALTs mostly follows BTC. Wether it be upward or downard. Thats almost ridiculous how alts are bound to BTC. The example of ETH I was talking about was actually one of a few exceptions. And now ETH is just as linked to BTC as any other alt.
This invisible link means 2 things for me :
And that's sad for crypto. I hope it changes.