Now the whole market is struggling with the current 10% volatility!
I think the ripple is the signal to rise, the current price in 1.20-1.44 range, if the price can break through 1.44, then it will test 1.66, if the price can be stable operation in 1.5 above, I think the market will enter the bull market as a whole
In this cycle ,the performance of Ripple will be better than BTC
There is a bad news about cryptos, not for BTC only! Bad crypto news force entire market down. There is no relation with BTC!
When bad news gone people reinvest in different cryptos, and entire market go up. But there is also no relation with BTC.
People just see that BTC and XRP (as example) are going down and instantly makes conclusions that there is relation. This is wrong logic. You have to analyze the source of consequences, not the final ones.
Sometimes I think that there is prehistoric era and everybody makes conclusions depending on the stars position on the sky. There is no logical reasons to think that way.
that argument is misleading
here is why BTC does matter
BTC is leading at current moment for every crypto
surely that alone will effect sentiment of the market,
think of it as future of crypto still depend tightly to BTC
look at coinmarketcap.com and you will see the market of volume of btc domination percentage
why? because its still infant market
in the other side yes it will fade when the time is come for other crypto to lead the market
it could be any potential coins,
I can see that
but not now, not today, not even in near future
so do you think BTC do nothing?
I hope you are very right
You are both correct and incorrect.
I agree that BTC is at the core of market sentiment, but BTC is dead long time ago. BTC can not meet the goals for which it was created. Now BTC exists only because of speculation.
I cannot tell the same for Ethereum and Ripple as example.
Ethereum - very big expectations. Brilliant platform to bring new life for everything.
XRP - the crypto which will knocked a knife in the back of the Bitcoin. Ripple have much more potential that people thinks. It can become a bridge between FIAT and Crypto, it is not only for real-time settlements.
Coinmarketcap statistic is not relevant to crypto relation. However you are right. While all people want to speculating with Bitcoin - it will exist. There is no future, but if everyone believe that there is - then it will live.
And I really think that BTC do not moves the market. Not directly.
XRP, DGB, XLM, doge, XRB, BCH
too many too mention
when it come to tech
XRP is not alone
why you choose XRP is your own personal taste