"When BTC pumps, BTCV pumps.
When BTC dumps... BTCV also pumps.
That’s because all BTC moves — both pumps and dumps — increase the volatility, which increases the mark price of BTCV."
This is what I like the most about BTCV, it's not like the other altcoins out there that when btc pumps most of them will dump, good opportunity for traders and bagholders to buy some.