Why is BTC so correlated to DOGE?
Why is there such a correlation between all cryptocoins and BTC?
Methinks your definition of "hardness" isn't as important as you think it is.
Why is BTC so correlated to DOGE?
Why is there such a correlation between all cryptocoins and BTC?
Methinks your definition of "hardness" isn't as important as you think it is.
Other cryptos tend to track bitcoin because of increased demand from people who dont understand the qualitative difference between a quality product and scams. Bitcoin holds the majority of market share, and over time basically all of these loose 100% of their value. You should ask yourself what causes bitcoin to have a floor when its had 4 80+% drops in its lifetime.
I find it fascinating just how fixed everyone is on this topic. You are either for it or against it and will die trying to prove the other side wrong. We are just a few steps away from having a Holy War lol.
The difference is that only one side have, at one time, been on the other side. Until they saw the error of their ways.
The desperate rationalisation will only increase with each halving cycle. The oh-so-clever "tulips" joke is becoming increasingly tragic.