You are viewing a single comment's thread from:RE: One Third Of All STEEM Is Traded For Fiat, Not Bitcoin - A Potential Decoupling Of The Asset From BTCView the full contextView the direct parentabdulmanan (67)in #steemit • 7 years ago So variation in bitcoin price will not effect steem price much?
That's right. But keep in mind that only 1/3rd of Steem is traded to fiat, so BTC and other cryptos will still have a lot to say about the price. Just not as much as with other altcoins.