Post
Topic
Board Altcoin Discussion
Re: Bitcoin dropping and Ethereum rising?
by
YIz
on 23/07/2016, 14:03:44 UTC
In the days following the hard fork for Ethereum I have noticed the growing volume of BTC transactions which are sold for ETH.

this is misinformation.
what is happening is that ethereum is being pumped right now so there is a large volume being exchanged so people or better said pumpers are buying ethereum with bitcoin.

Quote
Poloniex, for example, exchanges like 30 million dollars worth of BTC into ETH a day, and it affects the bitcoin price negatively.

again the same reason.
again volume is only high because whales are pumping it. and it will be high again when they are dumping their coins.

the volume was high a couple of days ago why didn't you make a topic saying people are dumping eth to buy 50 million dollars worth of BTC in one day? from early in July until now people were dumping ETH to buy bitcoin on Poloniex

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What do you think? will the price of Bitcoin drop because of the rising of Ethereum? can Ethereum grow so big it could challenge the market cap of Bitcoin?

not at all, it may go down a little bit like max $10 because of FUD you guys are spreading but nothing serious ever happens to bitcoin because an altcoin like eth is being pumped.

Where's the wrong information I wrote? you're talking like I have some interest of spreading the word.