Bitcoin and collateral damage
Updated
This market will not survive in it's current state of mass coupling with Bitcoin. When Bitcoin falls, everything falls. This needs to change.
Something seems... WRONG about this.
If current analysis holds true, and Bitcoin drops 50%; it will be the litmus test and that should not be. We have at our discretion MANY alt-coins that have far more merit , use cases , and speed than Bitcoin.
Cut off the head and let the market grow.
We need decoupling. Bitcoin should not be REQUIRED in order to access alt's.
Bitcoin is dying a slow, painful death. Do you want crypto as a whole to follow? Following that would be globalized, digital fractional reserve based currency - the equivalent of current wire transfer fee's in a digital form, and digital bail out's.
I don't know how to change this, except perhaps as one does when they are unhappy with other services; call, write and pester your exchange into serving you fairly.
Fortis fortuna adiuvat.
Something seems... WRONG about this.
If current analysis holds true, and Bitcoin drops 50%; it will be the litmus test and that should not be. We have at our discretion MANY alt-coins that have far more merit , use cases , and speed than Bitcoin.
Cut off the head and let the market grow.
We need decoupling. Bitcoin should not be REQUIRED in order to access alt's.
Bitcoin is dying a slow, painful death. Do you want crypto as a whole to follow? Following that would be globalized, digital fractional reserve based currency - the equivalent of current wire transfer fee's in a digital form, and digital bail out's.
I don't know how to change this, except perhaps as one does when they are unhappy with other services; call, write and pester your exchange into serving you fairly.
Fortis fortuna adiuvat.
Note
Worse yet, it get's really complicated measuring an alt's upward movement in Satoshi when it could conceivably be stability against a declining Bitcoin.
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