I just wanted to say, in case someone else said it already, there is a problem.
While bitcoin stays steady or on a small uptrend, nothing bitcoinish adds up to the eth rise in value.
For example, when litecoin got pumped, altcoins went in the red, almost all of them. People were selling altcoins for bitcoin to buy litecoin.
Easy right
Well here it is , where are the bitcoins coming from to buy eth. I do not see any particular coins suffering from a day traders moves.
It leads to believe that this eth coin thing is the biggest and baddest and worst of all insider bitcoin whale holding disaster of all time.
If you thought you had seen worse before, you might have been wrong.
Enlighten me if you can
While bitcoin stays steady or on a small uptrend, nothing bitcoinish adds up to the eth rise in value.
For example, when litecoin got pumped, altcoins went in the red, almost all of them. People were selling altcoins for bitcoin to buy litecoin.
Easy right
Well here it is , where are the bitcoins coming from to buy eth. I do not see any particular coins suffering from a day traders moves.
It leads to believe that this eth coin thing is the biggest and baddest and worst of all insider bitcoin whale holding disaster of all time.
If you thought you had seen worse before, you might have been wrong.
Enlighten me if you can
There's no cap on the amount of money that's being pushed around between various currencies in crypto. Eth brought quite a lot of new money into crypto.