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(from the "Things Haus thinks while his sleeping meds are kicking in" department):
I also wonder sometimes how much the fact that unlike the stock market where virtually everything is trading an "against the dollar" pair there's a very active BTC v. ANY ALT trade market in crypto. There's substantial action on the BTCETH pair constantly. The more I look at it the more I think that means alts will never truly decouple from BTC for price action outside limited variances. But whereas my brain keeps telling me this is right, I also can't explain WHY my brain thinks it is.....
I also wonder sometimes how much the fact that unlike the stock market where virtually everything is trading an "against the dollar" pair there's a very active BTC v. ANY ALT trade market in crypto. There's substantial action on the BTCETH pair constantly. The more I look at it the more I think that means alts will never truly decouple from BTC for price action outside limited variances. But whereas my brain keeps telling me this is right, I also can't explain WHY my brain thinks it is.....
