Post
Topic
Board Speculation (Altcoins)
Re: To everyone converting BTC to ETH
by
BitcoinNational
on 15/04/2016, 08:02:22 UTC
Read a little about history of NXT, while jumping ship to ETH as a store of value. Compare the following two graphs...
a. http://coinmarketcap.com/currencies/ethereum/#charts
b. http://coinmarketcap.com/currencies/nxt/#charts
Seems you were correct. How did you make such a near-exact prediction?

history tends to repeat.
ETH is going to run the course of NXT but likely retain x10 the amount of Capital.

What is more important is that Poloniex is the #1 exchange by volume today.
Reason ETH.

In time the core BTC/fiat exchanges will reclaim top volume ranks, but they have lost face, and BTC has fallen.
ETH challenged BTC and won.  BTC is now destined for a long slow fall from grace.  The BTC maximialist have lost.

You are looking at a future world where 4-5 coins fight for top daily volume, there will be a hot / cold market cycle from one to the next.

Yes ETH is a bubble.  But it is on the stage and not going away.