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RE: Why Alts Are So Tied To Bitcoin And Why I Don't Think It Will Change Anytime Soon

in #bitcoin7 years ago

It would be really great if other altcoins could be independent of bitcoin and have autonomy. The market swings are generally moved by bitcoin and sometimes one wonders if this markets really are independent. Obviously they are not.
If more exchanges would start accepting other Cryptos directly in exchange for fiat, it would be really great. A lot of indigenous exchanges have been built for Steem like that but these are just smaller exchanges for single currencies.
What if there was one big exchange built for the Steem blockchain, where Steem and SBD would be the no.1 crypto accepted in exchange for all others and fiat.
Imagine that