it is an attack on btc etf’s
every dollar eth efts bleed fron btc etfs is an attack
They say experience is the best teacher. My first cryptocurrency was Ethereum
Now I don't even have a cent worth of it
It's barely holding itself as number two.
Most that would invest in Ethereum are gamblers in my opinion and most big institutions are not such risk taker.
So no threat in the grand scheme of things.
Think about the fact that one person holds a large number of bitcoins and at any moment this person can say that tomorrow he plans to sell it all and panic will begin in the market, because everyone will understand that tomorrow there will be a dump price, but at the same time he may not do this.
In fact, we may get a third manipulator on par with Elon Musk or Donald Trump.
What he can do is affect the price of Bitcoin, nothing new.
People that would say are either individuals that don't understand Bitcoin or ones that are shortsighted.
Everybody can't own same amount of Bitcoin nor can anybody be stopped from getting more
They can't get if there's no seller, so it means there was somebody at there that dim it fit to sell their Bitcoin