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12396365 No.12396365 [Reply] [Original]

Many coins have fiat pairs. Why does the market still follow shitcoin with r=1?

>> No.12396379

Because cryptocurrency gets most of its value from speculation and hype and doesn't have much other actual use right now.

>> No.12396382

because btc is the real deal and rest are scams and vaporware

>> No.12396613

>>12396382
Bingo. Every time it dumps the fucking noobs cry "but my shitcoin was meant to moon, this isn't fair, why is it tied to BTC, waaaaah" as they forget that the only reason their shitcoin exists and the only reason it goes up is because BTC goes into the green at times. Ungrateful, satoshi is rolling in his grave.

>> No.12396617

>>12396365
Because crypto is a scam.

>> No.12397509

>>12396382
i only hold btc and chx and bnb everything else is a scam

>> No.12397523

>>12397509
Fellow BNB patrician. You should dump BTC and CHX for the real Bitcoin (NSV)

>> No.12397553

>>12396365
Please explain how I an american can lawfully purchase a stable coin with usd or convert the stable coin to usd first?

>> No.12397554

>>12396365
Because Chainlink isn't out yet so all crypto is, is a means of exchange.

>> No.12397572

>>12397553
Don't know/care

Land of the unfree

>> No.12398404

>>12396365
Bitcoin will remain the crypto gold standard no matter how much you bitch and moan. It takes more than a few gimmicks to dethrone the O.G.

>> No.12398457
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12398457

>>12396365
Because you only need 1 coin to hold value, while all others have 0 current unique use cases. Even exchange coins are only used to bet on the overall health of the speculation market.