Post
Topic
Board Speculation (Altcoins)
Re: Sooo...which one of you is selling BTC to buy ETH?
by
FractalUniverse
on 24/03/2017, 17:13:06 UTC
pumpy pumpy pump  Smiley

Who among you are selling off to buy in?

My writings today and my advice a couple days ago to diversify into ETH may have had an impact. I was getting some serious level of attention in the Bitcoin Discussion forum.

Money is formed from public CONFIDENCE that someone else will accept it. The above increases CONFIDENCE, thus it is increases the number of people who are willing to hold it.

Then there are a lot of other reasons to want to hold ETH right now (chart pattern, many developments coming to fruition, BU's attack on BTC, ETH is a high liquidity token).

confidence...?
 to be honest, Im starting to consider fiat safer than cryptos for now, due to btc forking possibility. So im reducing bitcoins holding in favor of dollars - of course, I will buy them back at some point later - after the dust settles and winners are clear.