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RE: HODL: Still the Best Strategy??

in #bitcoin7 years ago

Hey there bud, been watching you on youtube and following your twitter since I got into crypto last June. I want to hear what you think about solutions to our BTC problem with Altcoins. Maybe a video or something would be cool. What I'm referring to, is that we use BTC as the base currency to purchase/trade for other altcoins. Which is asinine when it comes to valuation, why should a crypto company that is doing extremely well suddenly TANK in value (both BTC and USD values) just because BTC decides to take a dump. We need to work together as a community to come up with a solution and force the exchanges to use it or we will NEVER EVER EVER see mass adoption, of the tech yes but of the marketplace, no. Weakhands or not, the concept of this BTC to Altcoin relation is flawed. I propose something like USDT, if when audited and regulated could function as an option. If people buy into the market by purchasing USDT for USD, trading can then be done without the value of their purchase moving before the cash deposit even clears. #thanks4lettingmerant