Post
Topic
Board Speculation (Altcoins)
Re: ETH price soaring. Are you going to move some BTC into ETH?
by
zby
on 26/04/2017, 08:08:08 UTC
...
The ETH has good applications. That will support the price.

Maybe next time - now the number one application is scam ICOs, all of this will crash hard and take ETH with it.

Nope, the opposite is more likely, the money that comes out of these scams (we'll leave the discussion on what that even means) has to go somewhere, so when taken out it'll either go into BTC, ETH or FIAT. Why would it effect ETH? Huh

Purely by association. When people feel the fear they won't stop midway - but move to fiat.