When will the peg break?

When do you think safex and other altcoins will stop being pegged to Bitcoin? i.e. when Bitcoin moves down, they don’t automatically move down with it? I guess I see it as a buying opportunity of and when as Dan anticipated we get a big lull in Bitcoin but equally it’s disconcerting to see everything moving in lock step with it

2 Likes

I think when there is a way to buy SAFEX directly using fiat

2 Likes

Cuz I think its not treated as a currency but an product and therefor subject to all manner of taxes and such. I guess it only depends if the gov decide to loosen up the regulations on cryptocurrencies.

Am not here to slag someone off (so I am going to)… anyone who connects the words: regulators, government and crypto in two sentences, doesn’t get the bigger picture of crypto.

(Positive criticism)