So when are the markets going to do the rational thing and stop caring about BTC correcting...

so when are the markets going to do the rational thing and stop caring about BTC correcting? lets leave this fucking ancient tumor behind and keep the party going ffs

I think you don't understand the problem
As long as everything is traded against BTC everything is linked to BTC
The buy and sell orders don't care about the $ price of BTC
You put a sell order at 0.001BTC which was lets say 10$ at that time
Now BTC drops and your sell order is only worth 9$
The coin can't just stay at 10$ because of all those sell orders linked to BTC.
Even if you trade against ETH won't make a big difference because ETH is traded against BTC

Even if BTC would reach a market share of 1% we would still have the same problem as long as we trade everything against BTC

Why do you think it's Bitcoin correcting and not the entire market?

There's a lot of exit schemers cashing out every day, taking money out of the system permanently.

There are so many shitcoins with no use outside of being pump&dump. These are in dire need for a correction. And the King will gladly help

>ancient
>more active git commits, more developers, than ANY other crypto
you are confused about this entire thing desu

Today's decline is not about BTC specifically. This is Korea dumping everything because they are big fans of the panic sell.

But then why do nearly all other coins drop by a larger percentage? BTC drops by 2% in an hour, nearly every other coin in the top 100 drops by at least 4%

If you want to convert large amounts to fiat you get on the coin that has the most volume.
Still it's not about Bitcoin at all.

So quick to shit on the most stable, most widely adopted, most profitable, most secure coin that made it all possible...
You want it to die? Your just a greedy parasite.