1.5% volatility is considered unstable?
As compared to the JPY at .95% volatility or BRL at 1.1%.
Its not about volatility, is about perceived weakness of BTC. Of course you can deny that, but imo BTC is "wounded". This whole blocksize-fight, no matter what side you favor, has taken big hits to investors confidence. We are lucky to have the Halving upon us, without that it would have been
really ugly the last months.
gd point m8.
Also, ive never seen so much fear in the BTC traders, if BTC does go under $300 at any point...what will happen to ETH?
ETH doesnt need to do anything and could still easily go over 0.1
The fact ETH is now on almost every big exchange gives this possibilty more chance of becoming reality.
i think u are right. there is definitely doom vibes in the air today . i did notice that btc traders are like: "omg what do we do ?? we are doomed" ... today . if they had listen to those of us with more intelligence, they would have known they were about to lose ten bucks over the weekend resulting in cascading losses across the entire btc playing field. the sad part about it is that there is no relief in sight.. the doom is growing stronger every day.. the inevitable collapse of btc is upon the btc traders, and they are panicking .. it is well known that the first people out are the ones who lose the least in times like these. dump all of ur coins while you still can doom-tards. the first ones out buy back cheaper .