It has gotten to the point where I feel that we need more USDT/Altcoins pairs on exchanges. I think *every* altcoin should be paired with USDT and EURT. How often have some of us done our good analyses, made the right call only to have Bitcoin FUD bring the whole house down. If you don’t know already, Bitcoin is king, and rightfully so, but the volatility of it affects every altcoin. Over the past month or so with all the Segwit debating, which looks like US Politics more and more, the drops in Bitcoin has meant drops in all altcoins, no matter if that coin has had good news or progress milestones to report. If you don’t know what USDT or EURT is, they are altcoins tied to the US dollar or EURO respectively. Reserves are held dollar for coin to cushion fluxes in Bitcoin, if you choose to hide your profits there. *<<- MESSAGE*
Read a more in-depth explanation from The Merkle here: https://themerkle.com/us-dollar-vs-usdt/
Some might argue that the dollar and Euro are a house of cards ready to fall, this may be true at some point, but this is where we are now and it is what it is. Let Bitcoin gravity be damned and let the baby birds learn to fly solo? Your thoughts are welcomed. [“Live, love, laugh, eat”]
