A topical post and one that underlines the chaotic nature of the market presently.

When people call for pairings to be made against fiat, I think they just want a pairing that is made against something that is not prone to such volatility.

They’re sick of their alt coin, that is a strong, stable 3rd gen product with a healthy future being dragged through the trash every time BTC gets dumped.

The time has come for a stablecoin to come to the fore, either DGD or DAI. Bitcoin has been used and abused, but until something else steps forward, we’re stuck with it and it’s volitility, and like a runaway dog dragging its toddler behind it is causing chaos, fear and uncertainty for the novice investors that have been pulled in with all of the hyperbole.

BTC needs to correct and settle down to its true value. ‘Traders’ need to understand the basics of trading, investors need to understand the long game and believe in their product and everyone just needs to calm down a little bit. It’s going to get worse before it gets better, but isn’t it this volitiily that has drawn us all in?