Quote from: owm123 on March 05, 2016, 12:24:18 PM

Quote from: willope on March 05, 2016, 12:15:55 PM

Yes, everyone knoves that it's a bubble. What I am saying is that it's totally artificial. I realised it looking at coinmarketcap charts.
Almost all of the trading volume goes trought Poloniex and Kraken. On poloniex there's almost ONLY eth/btc volume, no eth/usd volume at all. Kraken actually has eth/usd volume but much smaller than eth/btc.
For me it means than NO FIAT MONEY is flowing in ethereum market cap, it's only that a few btc whales are shorting bitcoin to make money on ethereum pump and then to buy more btc with the profit.
AAAnd, one more time noobs will be fooled.

Who uses fiat to buy altocins anyway? Ppl usually use fiat to buy btc and then buy othercoins with it.

Totally agree you hit the only way to alt coin is bitcoin all exchanges are showing that if you want to buy altcoins you have to use your btc not another altcoins to altcoins or fiat money..