Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion

Bitcoin Domination

dominating the ALTs ... Huh

... that's not the trend for 2017 ... trend is BTC is the high-end chip, for institutional players. ALTs are going to be the fast money, moving TX, at street level.

Pump and dump highly centralized tokens aren't suitable to be used as money at street level.

If any "coin" is used at street level, it's going to be a govt issued digital slave token or silver and copper.

Gresham's law.

Bad money circulates. Good money gets HODLed.

Theory is that bad money drives good money out of the market right?
BTC isnt money tho ^^ its a store of value.