BTC price is much more important than USD price

[Brainnin]

Btc price determine the value in USDT so Btc price is very much important to consider first, when btc rise, altcoins fall, when btc falls or stable at a particular price then altcoins pumps, so BTC price has a lot to do

[starblocks]

You are correct in stating the value of an asset in satoshi's can be more important than the price in USD because the latter is often quoted when referring to an assets market value and this can skew the profit and loss calculations relevant to its peg which for most alternatives is typically Bitcoin or Ethereum

[hatshepsut93]

You can't compare cryptocurrency coins from real money. Because there's will be a huge problem if your cents moves to its price from high to low like btc its very hard to calculate those USD.

The thing is, when Bitcoin's price in USD changes, all altcoins will change by similar percentage, all the time - this is how tightly altcoin markets are coupled with Bitcoin markets. Because of this BTC price of an altcoin is a great indicator of its relative performance - and altcoins are supposed to outperform BTC, otherwise you are risking your money only to lose opportunity to get more on a safer bet.

[levvv]

When people discuss crypto prices, they always do so in relation to the US dollar, however this should only be correct when discussing Bitcoin - for alts the more important metric is their price in BTC.
Why? Because it indicates their performance relative to Bitcoin, so if Bitcoin rises and alts rise too, the first thing that you have to look at is their price change in BTC - when it's negative, it means that BTC outperforms them, and the opposite if it's positive.
Bitcoin is often called the king of crypto, and rightfully so - it's more stable, more safe, has higher volumes than any other coins, so when you invest in alts, you absolutely want them to outperform BTC, otherwise you are taking unjustifiable risks and get lower profits.

Indeed it is important, but most peoples in crypto sphere are often to see coin paired with usd price.
For USDT trader, im very sure most of their time are comparing bitcoin and altcoins with the USD metric.

[Cacingkemi]

BTC is not only more important than USD but more important than all exchange objects and stocks company, BTC prices are very developed from the year of manufacture we all know how much the price first. So IMO BTC is more important than all the object exchanges in this world.

[Dr.Sponge]

Of course, definitely. usd price would be great enough to help you to find the value of bitcoin, but considering that trading with the usd to bitcoin kinda risky because it would make easier people to dump and pump bitcoin.

[asder250]

And many altcoin holders do not know it, they see only profits in USD but they are loosing potentional profit in BTC.

For example I bought ICON for 0.3$ per token and now it is around 0.4$ per token. But Bitcoin growth in this time from 3500$ to 8000$. 

[niisarearning]

When people discuss crypto prices, they always do so in relation to the US dollar, however this should only be correct when discussing Bitcoin - for alts the more important metric is their price in BTC.
Why? Because it indicates their performance relative to Bitcoin, so if Bitcoin rises and alts rise too, the first thing that you have to look at is their price change in BTC - when it's negative, it means that BTC outperforms them, and the opposite if it's positive.
Bitcoin is often called the king of crypto, and rightfully so - it's more stable, more safe, has higher volumes than any other coins, so when you invest in alts, you absolutely want them to outperform BTC, otherwise you are taking unjustifiable risks and get lower profits.

I am not only tradign with bitcoin pair also ethereum . I should say ethereum is also most powerful platform like bitcoin . I always calculate profit or loss based on my bitcoin and ethereum investment never did with the comparison with USD.

[nutriagrigia]

And many altcoin holders do not know it, they see only profits in USD but they are loosing potentional profit in BTC.

For example I bought ICON for 0.3$ per token and now it is around 0.4$ per token. But Bitcoin growth in this time from 3500$ to 8000$. 

People trading to the dollar are professional traders who don't care what kind of asset to trade. People who trade for bitcoin are crypto enthusiasts