Topic: Why are altcoin exchanged for btc and not for dollar - page 4. (Read 509 times)
It is understandable that all altcoins are traded on BTCs and ETHs because the market currently has two cryptos that have the highest market rates, so the prices for all the remaining altcoins will depend on the two cryptos. You can exchange from BTC to USDT. The future of this market BTC will dominate and become the most significant growth crypto and the largest exchange rate in the market.
Obviously altcoin is an alternative coin from Bitcoin and Bitcoin is the parent of all coins that exist for the problem of his pair, thus automatic prices will be stable to follow the flow from BItcoin, but there are also altcoins that can be made in dollars but still Bitcoin is the one who as the mother of the coin.
because BTC is already considered a crypto currency, so transactions in crypto must use Bitcoin (although some receive payment using ETH).
I agree with you that altcoin is too dependent on bitcoin when there is a consensus that Bitcoin has a fatal and irreparable weakness. We have seen the great failure: Mt.Gox which is the biggest disaster ever to hit Bitcoin because it has eliminated nearly 4% of Bitcoin's limited total supply (then $ 450 million);
Why are altcoin exchanged for btc and not for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
that was the reason why it calls "Crypto" currency. if till right now only bitcoin and altcoin didn't exist so im sure the bitcoin price would never the price like this with big interest like now.
the point of of bitcoin-alts are because the USD is a currency that still regulated and its Centralized. meanwhile the cryptocurrency is to support the decentralized
Why are altcoin exchanged for btc and not for dollar?
Bitcoin is the main cryptocurrency and before you can buy those altcoins you have to exchange dollar --> bitcoin first to proceed buying an altcoin.having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Having tons of alt is like having bitcoin? How can it be? bitcoin is bitcoin while altcoins are altcoins no matter how many type of alts you are holding.Isn't this pointless? Why not buying and selling alts for dollar?
If you think this concern shall be prioritized then ask your favorite exchange to address this. 
Why are altcoin exchanged for btc and not for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
I think it's all because Bitcoin is the currency of all cryptocurrency world and therefore all trades are on bitcoinhaving tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
That's why a lot of exchange sites can't provide fiat pair and use bitcoin as the easiest pair.
Bitcoin is the flagship of the cryptosphere, something like gold. Bitcoin is the father of all crypto currency. Bitcoin is the most famous currency and recognizable. Therefore, all alternative currencies follow the flagship of this sphere. And so there will be until the new flagship appears, for example by capitalization.
Because BTC is the common currency of the Crypto market. BTC is a trusted currency, other altcoin they do not have the ability to ensure consumer confidence so they borrowed BTC to convert to USD.
Why are altcoin exchanged for btc and not for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
I think that in the future this will be, because it is logical. Why absolutely all projects depend on bitcoin? This is not righthaving tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
Why are altcoin exchanged for btc and not for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
Havent you tried to check ETH? and there are several altcoins in the market which can be exchange directly with usd directly without the need of conversion to btc.If we do talk about this,i do agree on some points that most of them does really depend on bitcoins value where they should be exchange or converted to bitcoin first.We are seeing this for how many years and this do really signifies that bitcoin is always on the top yet its always being considered for it to be directly converted to usd and most altcoins in the market. having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
Nice topic, because I have been thinking about this for a while, now I am at the right place where I will see answer to my question
Why are altcoin exchanged for btc and not for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
I think it's all because Bitcoin is the currency of all cryptocurrency world and therefore all trades are on bitcoinhaving tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
but in this way if bitcoin explodes, all will dies... there is no point on keep them... eth is also exchanged in dollar, why not the others?
Why are altcoin exchanged for btc and not for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
I think that in the future this will be, because it is logical. Why absolutely all projects depend on bitcoin? This is not right having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
Why are altcoin exchanged for btc and not for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
I think it's all because Bitcoin is the currency of all cryptocurrency world and therefore all trades are on bitcoin having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
Why are altcoin exchanged for btc and not for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
having tons of altcoin is just like having bitcoin. If bitcoin grows, they grow. If bitcoin falls, they fall.
Isn't this pointless? Why not buying and selling alts for dollar?
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