FIXING THE ALT/BTC PAIRING PROBLEM IS IMPERATIVE TO THE SUCCESS OF CRYPTO

There has been a huge problem in Cryptopia since day one and it is rarely discussed and rarely mentioned in terms of fixing.  

Q: The problem with pairing the value of an altcoin (cryptocurrency) to BTC, ETH, XRP or any other currency for that matter is very simple. 

A: Volatility 

In order for Cryptocurrencies to be taken seriously and adopted by the world at large, as part of the crypto community, we must fix this issue as soon as possible.

The reality of the situation is that Bitcoin simply is not going to be a stable currency anytime soon.  When Bitcoin rises - Altcoins fall.  When Bitcoin falls - Altcoins surge.

When we see an image like the one below, by nature, we get excited and forget that the value in terms of dollars remains unchanged.

Excited? Probably yes at first glance - Then go check your portfolio value in dollars and it is unchanged. This is simply due to the fact that these altcoins appear to be rising in value, but really are a product of the pairing ALT/BTC flaw.

If we do not have a stable currency such as USD to pair against - such as stocks are paired against USD in trading exchanges such as NASDAQ - than there will be never be an accurate measure of an altcoin valuation.  

This is a deep problem that needs some very forward thinking minds well versed in economics, crypto, trading, and currency.  All I know at the moment is that many new traders, including myself when I first started trading altcoins - was easily fooled into thinking that a value was increasing or decreasing. It seems that it would not be difficult to use an algorithm based on the real time volatility of BTC to correctly value altcoin cryptocurrencies to be traded in exchanges or to simply have a relative, accurate valuation.  

PLEASE SHARE YOUR THOUGHTS, EXPERIENCES AND POSSIBLE SOLUTIONS TO THIS MAJOR PROBLEM

As always thank you for reading and if you enjoyed the content - please Upvote, if a lightbulb went off please Comment, if you'd also like to solve this problem for the greater good of crypto - Resteem 

Love, 

@krytonika

The reason why I tag the names below simply is because I KNOW these users are honest people that are involved in STEEMIT to better this Forum, Crypto in general and care about the future  of Cryptocurrency sustaining long term growth and  change to a veru broken world monetary system

@netuoso @jerrybanfield @craig-grant @trevonjb

ALL THAT UPVOTE RESTEEM COMMENT WILL RECEIVE A SMALL GIFT FROM @krytonika - 

One 2SBD gift will be given to a random supporter of the post - likely a minnow with a comment that adds value to the topic :) KEEP STEEMIN!

(UPDATE 7-2-17) Yes I am fully aware of USDT - And in theory that is what is needed - however the primary pairing on almost all exchanges for the most coins available is always via alt/btc