let's stop speculating in fiat prices. how will the rise of bitcoins price effect waves priced in btc?
It appears that alts were hit pretty hard by BTC's rise but then a point is reached where they stop falling, ratio wise.
I think there is "speculative value" baked into, at least, the quality alts (e.g. Ethereum, LISK, WAVES, etc.)
We can't overlook that these "alts" are much more than that. Ethereum is more of a programmable platform - Who knows the value that can hold in a future IOT's and such.
Same can be said to a point for LISK. As far as WAVES, this also can be huge as integrating FIAT into a wallet with BTC, alts, tokens, etc. can be a very rewarding way to go.
And all of these are just getting started, so where as BTC is money during a time of inflation, capital controls, uncertainty, etc., we have these "alts" who are bringing things
to the table that range from innovation to more Black Swans.
Back to the main topic, maybe once BTC breaks the psychological $1000 barrier we get another drop in alts, tough to say. Remember when LTC used to rise with BTC?!?!
And then when BTC breaks $2000, etc? Gonna get really interesting.
In general, I think BTC would be the one to hold, but should there be some big corrections on the way up, I'm sure some of that "will go" into alts so to speak.
Perhaps measure your profits/losses in FIAT and not BTC. Can't lose with the good ones then.
Its about sharing
