Post
Topic
Board Altcoin Discussion
Re: Discussing the upcoming market
by
Silberman
on 24/02/2023, 03:55:39 UTC
Don't forget that Ethereum's POW to POS upgrade didn't bring any benefit to the market or itself last year. So don't put too much hope on ETH events that will drive the market. And sometimes the market doesn't move with the news, like the January bull run, there's no positive news, but the market is still bullish. Cryptocurrencies are still a speculative, manipulated, the market does not follow any rules and unpredictable market.
I agree, I mean there was a lot of speculation back then when ethereum made its transition from POW to POS about a huge growth coming and it ended up in nothing, and if the second best coin in the market cannot move this market an inch despite how important was such a transition for ethereum then there is no point on keeping track of other related events as it is likely the same lack of movement will happen again, if people want to catch big movements in this market they should watch the movements of bitcoin or the news, in the case of yet another exchange or stable coin collapsing.