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.

Only ignorant fuckwits who think they know what they're talking about pretend Bitcoin is irrelevant.

It's only relevant because of its price which is based upon it being the first of its kind. Pure nostalgia, crippling to the progression of the market. All alts are suffering because we're still propping grandpa up even though it's over for him

> whole market correlated
> i want one coin to die

kys

>progression of the market

Damn you're retarded. The progression of the market is value being shifted from top coins to shitcoins because everyone wants that 100x.

>plebbit spacing
You literally don't make any sense. You must be a nigger.

Nigga stop logging onto /b/ so much and maybe your 16 year old dick will learn to space out comments, you fucking inbred illiterate.

I'll try to make it simple for you.

Shitcoin=ponzi scheme

Top coin=value

Shitcoin+value from top coin=market minus value(value exits market, enters ponzi dev bank account)

Market minus value=implosion

We want to see as many shitcoins as possible bleed because this is a healthy thing for the crypto market

found the nigger
>Shitcoin=ponzi scheme
Who gets to define which is the ponzi scheme and which is not? My non-shitcoin LINK is bleeding precisely because the shitcoin BTC is. You just pulled some mental gymnastics out of your ass

>As long as everything is traded against BTC everything is linked to BTC
This
What's the point of gaining BTC when BTC is correcting?

Link is trash because it doesn't do anything. Stop blaming things that aren't Sergey or yourself.

Anyway it's not about individual coins. It's about the market in general. The movement of value which you call progression is as blind as the investor is dumb and the investor is very dumb.
Tron and BitConnect proved it. Money isn't smart.

A shitcoin holocaust might be the only path away from implosion. If top coins take a beating during it, it's nothing to get upset about.

>Link is trash
>I just singled out top coins from shitcoins but it's not about the coins

what about ETH?

Because they are fundamentally different.

Individual whales or even the top whales combined control a much smaller share of the total supply of BTC and ETH. Justin Sun had something like 50% of all Tron and sold most when it was worth something. This is the norm for such scams.

Also note how Cripple is getting bodied. It's basically BitConnect times 100. Would be nice to see it disappear entirely.

Of course there will always be a new Cripple/BitConnect/Tron.