This won’t happen during a crash (or correction) but gradually, over time, when things are more stable. Though, knowing that every single coin is paired with BTC... Good luck to make alts become more independent... Won’t happen overnight.
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I’m not saying it will happen over night. Just that it needs to happen. If alt coins depends on the rise of BTC, Then that defeats the purpose. That means the technology they bring is useless since it only goes up with BTC rises. They need to become independent to have higher success
I don’t disagree but the fact that they’re paired with BTC makes it complicated to change. We’d all be happy if it changed but realistically we’d either need BTC to drop so low that it becomes “irrelevant” or (many) more trading pairs with FIAT.
True. Or for a coin to pass BTC by a long shot and be sustained at that growth. Which may not happen soon, though coins are getting closer
Bitcoin itself is paired with USD, so why the f... do we pair Alts with Bitcoin instead of USD? Bitcoin is nice but an old man compared to some reasonable Alts. For me it is like MySpace or Altavista, still here to stay but it is not the finl crypto answer.