http://www.reuters.com/article/us-bitcoin-etf-idUSKBN16H2NU
https://cointelegraph.com/news/ethereum-price-over-80-as-bitcoin-crypto-market-share-plummets-to-less-than-60
>>2058869
I fucking hope so.
>>2058869
Nope. Only hardfork can, and if ETF somehow doesn't get rejected then expect 3k$
The death of BTC means the growth of Alts. The death of BTC is a positive thing for everyone on /biz/.
The Crypto market is still in its embryonic state, It can only go up from here.
>>2058887
>bitcoin crashes
>alts go up in satoshi value
Congratulations, your coins are still worth the same
Now we saw bitcoin go up $400 and alts exploded do I don't see how Bitcoin is holding the alts back or how a Bitcoin crash would benefit altcoin holders.
>>2058869
no one gives a shit about etf or your big bank influence.
>>2058932
>Congrats the value of your coins is the same
I don't trade in BTC. That's fucking retarded. I trade in USD and USDT (I know the risk of this).
If BTC crashes, alt-coins either catch my stop loss and move to a sustainable "accumulation phase" level, which is fine because it means the bubble is over and a good buy. OR the money dumps from BTC into the alts (this is the more desirable option) and alts just rise and so it's a good selling opportunity. Good.
>BTC rose and so did alts
Here's what happened. Every time BTC rose up, all the alts fell. Then, when BTC went flat for a bit, the alts rose at a far greater rate than BTC had previously. Then BTC rose again and all the alts had to fall and suffer and wait until BTC went flat again and they could rise again at an even faster rate.
BUT lately when BTC falls, so do alts. What we want, really, is for BTC to stay stable and where it is.
>>2058869
I don't know about that man; In my opinion BTC is still the foundation and until we can get a stable alternative that is also popular; BTC will remain the holy grail of crypto.
>>2058887
>This
I don't give a fuck about BTC value is overpriced as fuck and expensive as shit for entry level memecoiners like myself
I want BTC to crash and burn so that the real +% increases can go to the cheaper coins like ETH, LTC etc
>>2058869
The sec denial didnt even affect btc.
>>2058982
price went from 1300 to 900 that day
long term didn't seem to do anything, but there was a lot of trading that day
ETH ETH ETH
https://twitter.com/EvaKaili/status/831474420543844353