Author

Topic: XRP and BTC: Decoupling time is still a pipe dream (Read 121 times)

full member
Activity: 308
Merit: 105
I don't think any coin can be decoupled from bitcoin for some time. People are still not aware enough of any of the alt-coins and the individual benefits that they have and so when they here crypto they just think bitcoin.
full member
Activity: 434
Merit: 246
This is a quote from the linked article:

Quote
Once XRP is listed on more exchanges as a base pair and people can buy directly with Fiat, then we will see less of this BTC influence. Rumors about Binance adding of XRP as base currency is another plus for the decoupling narrative.

The first sentence suggests that the decoupling will take place when enough exchanges list XRP as a base pair. Other alts are already in that position (ETH, LTC) but they are still very much coupled with bitcoin. So I don't think this will have a strong effect.

As for the rumors about Binance adding XRP, they seem to be true, but the exchange asked specifically to be convinced (by XRP supporters or otherwise) why they should be listing it. Let's see if they manage to persuade them.
newbie
Activity: 37
Merit: 0
Sure, but the two coins still seem to be correlated... this is a bit odd.
member
Activity: 238
Merit: 10
from the start Ripple from crypto was different because it was centralized unlike the decentralized nature of crypto but still remained in the digital currency
newbie
Activity: 37
Merit: 0
Jump to: