I'm fairly new to this space but this is something I've been trying to understand for several months. In the long-run, as long as BTC is used as a base to convert altcoins to fiat, can alt-coins surpass the growth rate of bitcoin? I find that hard to believe because BTC is always being used as the base to trade in and out of non-coinbase alts. On days like today I'm seeing BTC regain strength while altcoins are falling in comparison. But when BTC falls most altcoins fall even harder. I feel like unless there is a huge news driven event that pushes an altcoin higher, BTC will eventually catch up in the long run until the fiat conversion dynamic changes.
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