BTC whales embracing Monero is a double edge sword, mark my words...
and why do you think so?
They will always return to their first love, especially in a rally - what do you think is happening now?
BTC are never enough - it is better to have an alt based on BTC haters.
Well that will distrubute the XMRs to other holders and prevent the price from skyrocketing too fast / too high. That is a good thing.
Sure but it may be done more violently than XMR can handle.
We will see, I try to help the project from the backstage (smooth can confirm)...
This presumes continued exponential rises in BTC. Those may be happening in XMR instead from here forward.
XMR market cap is 1/1000 of BTC
XMR has a head start on doing things that BTC doesn't do.
If you think a BTC whale needs to finance its BTC purchases by selling XMR, think again.
There is a possibility that at some moment BTC being loaded with all regulatory weight together with expectations can become too heavy to fly high in the sky fast enough and that will get one more chance for Monero to get accelerated by nitrous oxygen ignition.