XRP price wont Correlate with bitcoin price forever

[shinratensei_]

I just read news in CCN, Ripple CEO told CNBC
" There's a very high correlation between the price of XRP and the price of bitcoin, but ultimately these are independent open-sourced technologies. It's early, over time you'll see a more rational market and behaviors that reflect that " 
Whats your reaction to this news ?

That's a crap article and bullshit statement from ripple CEO. in fact ripple is still following bitcoin and it's not independent, If the CEO was saying it's too early and then they should need to learn anything about bitcoin. As the first crypto and has used by all of cryptocurrency as the main pegged to the price and ripple will never to be independent. That statements to create FOMO.

[Oilacris]

I just read news in CCN, Ripple CEO told CNBC
" There's a very high correlation between the price of XRP and the price of bitcoin, but ultimately these are independent open-sourced technologies. It's early, over time you'll see a more rational market and behaviors that reflect that " 
Whats your reaction to this news ?

That's a crap article and bullshit statement from ripple CEO. in fact ripple is still following bitcoin and it's not independent, If the CEO was saying it's too early and then they should need to learn anything about bitcoin. As the first crypto and has used by all of cryptocurrency as the main pegged to the price and ripple will never to be independent. That statements to create FOMO.

We dont know on where he do get those words but hes quite confident with those statements.We do know ripple or XRP is being backed by banksters which this might be the reason he do pull up that statement where it is not already correlating with bitcoins price forever and would go independently.This is plausible but the fact it wont really be a decentralized thing anymore. I didnt trust this coin since in the very beginning though.

[edgycorner]

Why is CNN is talking about such a centralized shit?
Anyways, I think its true for all the alts.All of them depends on bitcoins, since most of the trade volume is with bitcoins.Other than this, I can't see any reason to relate bitcoins with such a crap.

[4garret]

If you look at data backwards, after a crash at the beginning of the year, Ripple is currently more stable. It may be true that Ripple is not decent enough today, but as long as the developer has a clear and well-planned goal, I think it will only make Ripple grow consistently in the future.

[solovalley]

Of course, but not just Ripple is it? Currently most of the famous altcoin have the same trend with Bitcoin.
But that does not mean it is a bad thing. For me maybe the percentage of Ripple growth will be higher than Bitcoin in the long run.

[Revolvere]

If the correlation is a trend up and down, it seems almost all the coins are experiencing the same situation.
Ripple has a smaller market capitalization, so it should have a greater potential than Bitcoin.

[Oliveir]

have a mutual relationship or connection, in which one thing affects or depends on another.

You can't denied that every altcoin and token from fresh/new/just finished ICO project sti have their connection to Bitcoin and their prices since Bitcoin is one big influencer among the fsctorenthat changes the altcoin price.