Post
Topic
Board Altcoin Discussion
Re: Get Bitcoin cheaper than $13k by using the ETH/BTC ratio
by
Thavash
on 24/12/2020, 09:18:57 UTC
Hi all

As promised, I have made an updated video with stats from the last 12 months. https://youtu.be/Phutr1ulrYs

There are some very interesting facts there :
1) Ethereum was, dollar wise, still the best investment of the year
2) Even if you bought BTC in Jan , for the same dollar spend Ethereum would have given you a higher dollar value today
3) The big one , the ETH/BTC strategy is proven to bring BTC profit and opportunity to get BTC cheaper  ( as long as it is at a cycle low , and could move higher ) - for example , if you buy ETH today at $600, and if the pair goes back to ONLY 0.04 ( which it touched this year ) , then use my equation to work out the effective bitcoin price if you then trade back into bitcoin

ETH Price at purchase / ETH-BTH pair value = Effective Bitcoin price

600/0.04 = $15k Bitcoin.

If the ratio can touch 0.075 next year ( lets say on good news coming from Ethereum 2.0 ) then :

600/0.075 = $13,333 Bitcoin (effective price )

Watch the video for full details