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RE: As goes BTC, so goes the market.

in #bitcoin6 years ago

I had no idea about crypto currency before joining steemit(clearly).I had only a rough idea,i heard that Bitcoin is the mother of all crypto currency.But after few months i can see what i heard about crypto currency is absolutely spot on.The entire market is behaving like this.To me it's not healthy sign of a market.WHEN Bitcoin goes up the market is up,when Bitcoin goes down the total market goes down.The crypto currency market should come out of this kinds of situation.Now a days every one has taken it that bitcoin means crypto currency.But if crypto currency market has to go a long way then this trend should change.Every coin should react in different ways.Then people will take it as a matured market.

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I agree 100%. The further maturing of crypto should lead to cryptocurrencies that are able to stand on their own two feet.