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Topic: Looking for a crypto that won't depend on BTC anymore - page 4. (Read 942 times)

legendary
Activity: 2072
Merit: 1023
DGbet.fun - Crypto Sportsbook
The future I don't know but currently, there is no coin for you like you are looking for, bitcoin is accounting for more than 400 billion capitalization, which is almost half of the total market capitalization. Therefore, Bitcoin is considered as the central authority that controls the entire movement of the cryptocurrency market.

If you still want to find a coin that goes against or doesn't depend on bitcoin, you can look to shitcoins, meme projects. They can be pumped and dump and don't follow the movement of bitcoin but with that kind of project they won't last long in the market.
legendary
Activity: 3080
Merit: 1292
Hhampuz for Campaign management
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
I think the entire market depends on the movement of bitcoin, and there's no altcoin that can move the other way and will not follow the market sentiment. As long as people are investing, and trading, the market will remain volatile and since bitcoin is the strongest asset, it will always take the lead due to its high dominance ratio.

As of now, the dominant rate of bitcoin is high again, it's currently 42%, while the total altcoins have 58%.
https://coinmarketcap.com/
hero member
Activity: 2268
Merit: 588
You own the pen
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

Unless it has some features that are listed in the exchanges where BTC  doesn't exist, if you can find such a place then it is possible for you to have that kind of coin but the thing is, you can't find any exchanges that aren't offering bitcoins for trade to another altcoin rather all of the exchanges are also relying on the price of bitcoins in the crypto market. volatility can be brutal sometimes but that's just how the crypto market is, without it, there can be no huge gain only strong investors will take the huge risk to earn a little. So we have this kind of market to make it balance and it's up to us to choose what altcoins to invest in aside from BTC.
legendary
Activity: 2184
Merit: 1302
Why are you looking for a crypto that doesn't depend on Bitcoin when you can just outrightly invest in Bitcoin that is trusted and and is a long term project, i am not trying to dissuade you in your apparent search, but i am afraid the chances you will find one is pretty low, you might also be directed to a particular coin that doesn't depend on Bitcoin, but in the end you become disillusioned and lose funds to another pump and dump/hype coin. Having said that, DYOR is very important, when you ask questions such as this, you might be misled or confused by the answers you'll receive, which could prove counter-productive in the end.
sr. member
Activity: 1498
Merit: 251
KUWA.ai
unfortunately there's none, it's just how big influence of btc in term of being a trend setter.
even coins like USDT and the likes could be losing its value despite being backed by real money if btc suddenly have some correction, that's just how strong the influence of btc, also most of the time, even if there is some coins that just recently becomes a trend, if btc suddenly have massive correction, they'd suddenly losing their momentum, like GMT that has lost its momentum right after the sudden occurrence of the correction.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

I don't think their is any coin that moves itself currently, all coins depend on bitcoin movement and I believe it will continue like that for now but I don't really know anything that will happen in future. Any move bitcoin makes then it will determine what will happen to all coins, if bitcoin is dumping u believe it will be difficult to see any coin pumping and if bitcoin is pumping most coins are always following the uptrend.
There are some coins which can occasionally move independently from bitcoin, however there is no coin that systematically do so, and it is not a mystery to understand why things are like this.

The dominance bitcoin has over this market is huge, it is also the best coin in the market, the coin which created this market and its original developer is admired by millions of people all around the world, so when we take into account all of this it is not difficult to see why no coin can move independently from bitcoin for long periods of time.
legendary
Activity: 3010
Merit: 1028
Leading Crypto Sports Betting & Casino Platform
I think this is something common to all cryptos (except maybe USDT) In fact sometimes when BTC and ETH are red not all crypto is red
Not all but these tokens that got pumped so hard during the bearish market may be getting a big news from the development or listed on the new exchange site with huge popularity like coinbase or binance. I can't even deny the fact that some garbage shit scam tokens were also being pumped by the whales caused by the whales were manipulating the market to make small traders to speculate in the garbage tokens. So many possibilities can happen with the crypto exchange site these days
sr. member
Activity: 2086
Merit: 283
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If you want to identify the crypto currency which doesn’t depend on the price.Their is one suggestion for you,you can check the coins which is green for few days.From the point the bitcoin must be at red,if so you may get few coins which rotate anti-clockwise directions to bitcoin.Then you can inverse in the coin which increases in value,when the bitcoin price reduced.
But things like what you said will not always happen in the crypto market, have you seen the movement of shitcoins where one of them will show a green graph when the bitcoin price is down but if we observe it will only happen for a moment maybe because of the FOMO that occurs even after that the price of shitcoin will also fall again and exceed the percentage decline that occurred in the price of bitcoin, so I would say that so far there is no coin or token whose price movement is opposite to the price of bitcoin.
member
Activity: 1540
Merit: 22

Haven't read anyone's answer that satisfied OP bad its because there is NONE.
Most well known coins are paired to BTC which basically makes them dependent to BTC price.  If they are not paired to BTC as well then they are not well known to traders but there are coins like what OP is looking for but less people trading it and most probably controlled by the team too.


I think this is something common to all cryptos (except maybe USDT) In fact sometimes when BTC and ETH are red not all crypto is red
hero member
Activity: 3038
Merit: 617

Haven't read anyone's answer that satisfied OP bad its because there is NONE.
Most well known coins are paired to BTC which basically makes them dependent to BTC price.  If they are not paired to BTC as well then they are not well known to traders but there are coins like what OP is looking for but less people trading it and most probably controlled by the team too.
hero member
Activity: 2268
Merit: 579
Vave.com - Crypto Casino
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
In my opinion, it is very difficult to find a coin that is not affected by Bitcoin, if it is, it would be considered a stable coin. Grin Grin

Bitcoin is still dominating the market, so you won't be able to see any altcoins move without looking at bitcoin. Regardless of whatever coin does that, it will only happen in the short term, and it can never be sustained, going against the trend of bitcoin is not the best course of action.
hero member
Activity: 2044
Merit: 784
Leading Crypto Sports Betting & Casino Platform
Crypto market doesn't exist without bitcoin. That include all cryptocurrencies, without exceptions. It happens because bitcoin is the most trusted and reputable crypto among all. When the market isn't confident regards bitcoin (price crashes), it will be the signal for them to become fearful about crypto investments as a whole, while when the market is bullish on bitcoin (price rises), altcoins in general will be also benefited by this movement.

Can you see the law of cause and effect in this situation? Bitcoin is always the cause and altcoins are the effect. And it will remain like this for a long time yet, until a new more advanced and unique technology is developed to replace bitcoin in every aspects, what can't happen through hype, that is the favorite leverage strategy of developers to boost their projects' importance and adoption, but without triumph on long run.
hero member
Activity: 1876
Merit: 524
In my opinion, such a thing will definitely not happen. In every sector and in every market, the firsts always lead and the market is always guided by the firsts. Bitcoin is one of the most important factors in the crypto money madness and the formation of a sector called crypto money. Even after years, it is not possible to get rid of bitcoin addiction because of this. Bitcoin transactions and movements will always continue to shape the market. According to me, the Bitcoin conviction will only end when Satoshi Nakamoto comes out and sells the bitcoins in his hand, otherwise it will not end in any way.
hero member
Activity: 1484
Merit: 928
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?

I don't think their is any coin that moves itself currently, all coins depend on bitcoin movement and I believe it will continue like that for now but I don't really know anything that will happen in future. Any move bitcoin makes then it will determine what will happen to all coins, if bitcoin is dumping u believe it will be difficult to see any coin pumping and if bitcoin is pumping most coins are always following the uptrend.
hero member
Activity: 2856
Merit: 674
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
Bitcoin dominates the whole crypto market so whatever its price condition, it also affects and influence the whole coins in the crypto market. If you are looking for a coin that won't rely to bitcoin, it will certainly be a tough one because even meme coins and shitcoins are also affected with bitcoin. I guess what you are looking is out of the context, and its simply not existing.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
If you want to invest in an asset which is not influenced by bitcoin then you need to look at other markets because that is not something that you are going to find here, think about it, the market dominance of bitcoin is above 41%, and those are the official numbers, I would not be surprised that if we excluded centralized coins, stable coins and the fake market cap of many coins this number easily reached 70% or more.

This means that whenever bitcoin makes a move the rest of the coins move with it simply because bitcoin is that big, so if this is a situation you cannot tolerate any longer then it is better for you to look for assets in other markets in which you will be interested to invest.
The whole crypto market is dominated with bitcoin, given that fact, it's hard to invest in such coins wherein bitcoin's position will not influenced it. Although stablecoins are always free from the manipulation of bitcoin, and they remain stable despite of the market volatility, but investing in it do not guarantee risk-free. So apparently, your choice will always reflect your amount of returns. Otherwise, don't invest in the crypto market if you want to stick for coins that don't have bitcoin significance.

Stable coins are an exception as they are nothing but fiat in digital form, however they can hardly be called an investment when your purchasing power is going down since inflation is so high all over the world.

However when ethereum which is the second most powerful coin in this market is also subject to the movements of bitcoin, then I think it is a mistake to expect any coin to be free from bitcoin and its movements as its dominance over this market is almost absolute.
full member
Activity: 274
Merit: 101
If you really want to see something getting independent a bit, look at ETH, that is the closest we could get right now.

Yes, it is not there yet, but it is getting there and it matters. We all seen how ethereum got very close to eth for a while, it was less than double marketcap for a while, which mean that with a 2x increase on ETH without btc moving, ETH would have been top ranked and after that flip happens who knows what the future would have been like. For that reason, I believe that we should be having a bit of trust on ETH for such a possibility. Outside of that, I do not think that any other coin out there could ever be independently moving for a long term.
True, only ETH now has a chance to be a trendsetter and against BTC dominance. If every going alright when ETH 2.0 and PoS nodes are up and running, we would see the closest alt to upset again BTC. Even flip BTC out of its #1.
hero member
Activity: 2814
Merit: 911
Have Fun )@@( Stay Safe
The majority of investors and traders are increasingly understanding crypto fundamentals before investing, is there any crypto that moves itself according to its fundamentals both now and in the future?
You can find many crap projects that would rally daily if you are looking for that  Tongue. If you are still not aware that the entire market revolves around BTCitcoin then it is really hard to convince anyone otherwise  Cheesy, entire market rallies in accordance to the BTCitcoin market and the entire market goes down in accordance with the BTCitcoin market and there is no other secret coin that would supersede those performance.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
If you really want to see something getting independent a bit, look at ETH, that is the closest we could get right now.

Yes, it is not there yet, but it is getting there and it matters. We all seen how ethereum got very close to eth for a while, it was less than double marketcap for a while, which mean that with a 2x increase on ETH without btc moving, ETH would have been top ranked and after that flip happens who knows what the future would have been like. For that reason, I believe that we should be having a bit of trust on ETH for such a possibility. Outside of that, I do not think that any other coin out there could ever be independently moving for a long term.
full member
Activity: 2044
Merit: 109
Many coins and tokens have good fundamentals, but so far I see everything still depends on BTC as The Father of Crypto. Every time there is a correction to BTC, all altcoins will react the same way, although sometimes there are those who go against the flow to rise sharply when the market trend is down. But I see it's more temporary
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