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RE: USD pairs on popular exchanges could change everything

in #cryptocurrency7 years ago

So this is what interests/concerns me about all altcoins. If the prices of bitcoin goes way down people are just pulling money out and in the stock market you normally see other categories go up during a correction. Stocks go down, bonds usually go up. In the crytpomarket bitcoin crashes and every other of top 100 all crash as well. Investors are not selling bitcoin to buy something else as is the common practice with other type of investments. Outside of general fear or price manipulation ( which is becoming more evident with the ability to short some of these now ) only safe haven is to hold fiat and try to wait it out which only makes matters worse. Perhaps not tying BTC to all other coins could solve this. I would certainly like to see more predictability in how these markets work and so would most new investors.

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