Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
WatChe
on 18/01/2025, 12:56:46 UTC
Ok.. fair enough.. Ethereum down to right around 4-year lows against bitcoin in the last couple of hours, with a downity trend in the past week from about 0.035 BTC to 0.0314 BTC as the so far 4-year low to buy 1 ethereum... Yeah.. that smoke & mirror piece of crap coin has been pretty much straight down in its BTC price since their dumbass conversion to proof of stake, which was around 2.5 years ago (and yeah, they were just about 0.08 BTC in mid-2022).. and not that they weren't a known scam before mid-2022, but going even more retarded with their POS nonsense has been like a somewhat slow form of hari-kari.... ..

...and gosh a few more of those nonsense coins deserve the same downity fate.. .. but some of them are pumping under fantasies about Trump, too... and hating to specifically get into too many names of the coins that Trump is supposedly might be considering to include in a USA strategic reserves, which would be really stupid if the USA government were to be so retarded as to include some of those various shitcoins in any "crypto" strategic reserve... not that bitcoin would give too many shits in terms of prevailing in the long run, but it could take a bit longer to work out some of these distraction matters when having more dumb money getting lured into shitcoins and whatever shenanigans the US Government might be playing if it were to actually follow through with such a focus-lacking kind of shitcoin-emphasizing trail..

I wouldn't put it past them to lack in focus -  that's for sure...and maybe I am lacking in focus to be going into some detail about that kind of distracting nonsense...

Ethereum is something that keep going up (for no reason) when bitcoin goes up and goes down when bitcoin goes down. I haven't seen instances where Eth has gone up because of his own utility or feature. It's nothing but a coin that is tightly hooked with bitcoin for price moment.
There was great hype of PoS that after converting to PoS, Eth will go up due to bla bla reasons but nothing happened. It's a coin with unlimited supply controlled by few developers.