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     7 years ago 

    Most/all altcoins depend on the value of Bitcoin. Hopefully Steem will be more independent from BTC in the future when we grow bigger!

    $0.28
    • Past Payouts $0.28, 0.00 TRX
    • - Author $0.21, 0.00 TRX
    • - Curators $0.06, 0.00 TRX
    2 votes
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    [-]
     7 years ago 

    As a rule the coins move as a group, so when bitcoin drops so do the rest (as an average) its sort of a sector leader. Much like when gold drops in price, so does silver, platinum, palladium and copper.

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     7 years ago 

    I think Steem should have a few more coin pairings in addition to BTC/STEEM and STEEM/SBD

    [-]
     7 years ago (edited)

    Wish there was a STEEM/ETH pairing on Bittrex

    $0.28
    • Past Payouts $0.28, 0.00 TRX
    • - Author $0.28, 0.00 TRX
    • - Curators $0.00, 0.00 TRX
    3 votes
    Reply