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File: 66 KB, 520x591, more-like-shitcoin[1].gif [View same] [iqdb] [saucenao] [google]
3523988 No.3523988 [Reply] [Original]

>almost every single coin is following movement of Bitcoin

Anyone care to explain?

>> No.3524005

>>3523988

bitcoin is the only thing that matters

>> No.3524030

weak hands, bots, whales and fomo.

>> No.3524047
File: 688 KB, 800x450, ec8.png [View same] [iqdb] [saucenao] [google]
3524047

>>3523988
The only purpose of shitcoins is to accumulate more bitcoin. Your USD value doesn't matter. Until Coinbase or similar exchanges allow you to trade your coin for fiat, they serve no other purpose.

Currently that is only BTC, ETH, and LTC. But even ETH and especially LTC follow the lead of the King.

>> No.3524064

>>3523988
BTC is the Crypto Reserve Currency. If you want to buy Shitcoins you have to get BTC first.

>> No.3524083

>>3523988
Most coins(which aren't BTC) are bought solely, or at least mostly, with BTC, meaning their prices are in BTC. That means that if the price of BTC goes up and their current price doesn't change their price goes up.

>> No.3524110

>>3524005
/thread

>> No.3524122

>>3524047
on kraken you can trade xmr xrp dash eth btc ltc and MORE for fiat directly.

>> No.3524172

>>3524047
ETH has just as many fiat pairs as BTC, and its biggest volume comes from USD and EUR

kys

>> No.3524248
File: 349 KB, 638x480, yeah_no.png [View same] [iqdb] [saucenao] [google]
3524248

>>3524122
Oh yeah, Kraken. Don't use it personally, so add those to the fiat conversion list. However, those coins also tanked with BTC. But at least Dash seems to be taking off again.

>>3524172
>Included ETH as example of fiat pair
>no matter what you want or how much sense it makes, ETH still follows BTC trend
no u kys

>> No.3524266
File: 22 KB, 992x527, LEVELS.png [View same] [iqdb] [saucenao] [google]
3524266

>>3523988
Altcoin foinders all is bitcoin belivers

>> No.3524802
File: 24 KB, 992x527, LEVELS_i.png [View same] [iqdb] [saucenao] [google]
3524802

>>3523988
Altcoin foinders all is bitcoin belivers
He sell he`s scam for bitcoins but not for USD

>> No.3525205

bitcion needs shitcoins to grow in value, its all insane once you know a bit on how btc price went up