Now hold on, Bitcoin maximalists before dismissing this off! I am tired of Bitcoin and I say this in no uncertain terms. I am tired of bitcoin dominating the cryptocurrency market and holding all altcoins hostage. It is so f@$%^ easy for whales to dominate and manipulate the market at their whims and fancies.Its a damn shame. Something needs to be done to stop this crap from happening all the time. The problem is I foresee this happening for the foreseeable future atleast. Till the market matures and we don't see smart money enter these markets, its going to be the same shit-show over and over and over again!
The only way out as I see it is more and more altcoins having their fiat pairings. Now, we as a community can make a small change ourselves by writing to the exchanges we trade in to start fiat pairings. When fiat pairings will get introduced, automatically the reliance on bitcoin will decrease. I urge everyone to contribute their small bit and make a change. Remember, the change starts with you!