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Can anyone explain why eth and btc are the same

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Anonymous
Can anyone explain why eth and btc are the same 2017-06-08 12:39:26 Post No. 2335955
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Can anyone explain why eth and btc are the same Anonymous 2017-06-08 12:39:26 Post No. 2335955 [Report]
Look at the graphs goys. Why the fuck do eth and btc prices correlate directly. What does this mean??
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Anonymous 2017-06-08 12:40:03 Post No.2335963
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Anonymous 2017-06-08 12:40:03 Post No.2335963 [Report]
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Anonymous 2017-06-08 12:40:59 Post No.2335977
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Anonymous 2017-06-08 12:40:59 Post No.2335977 [Report]
>>2335955
ones tied to the other. also fiat
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Anonymous 2017-06-08 12:41:10 Post No.2335980
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Anonymous 2017-06-08 12:41:10 Post No.2335980 [Report]
Er because eth's price is based on satoris which is derived directly from the current price of bitcoin?
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Anonymous 2017-06-08 12:44:29 Post No.2336019
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Anonymous 2017-06-08 12:44:29 Post No.2336019 [Report]
>>2335955
because eth price is driven by BTC speculators
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Anonymous 2017-06-08 12:45:42 Post No.2336031
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Anonymous 2017-06-08 12:45:42 Post No.2336031 [Report]
>>2335955
it means bitcoin is being heavily manipulated, same with eth and other shitcoins
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Anonymous 2017-06-08 12:46:22 Post No.2336036
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Anonymous 2017-06-08 12:46:22 Post No.2336036 [Report]
>>2335955
it means we're fucked.
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Anonymous 2017-06-08 12:47:35 Post No.2336046
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Anonymous 2017-06-08 12:47:35 Post No.2336046 [Report]
>>2335977
how are they tied?
and it means prepare your anuses for either another profit cycle, or the final stabilization rapture
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Anonymous 2017-06-08 02:18:51 Post No.2337095
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Anonymous 2017-06-08 02:18:51 Post No.2337095 [Report]
>>2335955

Because its really fucking easy to convert one to the other and the conversion rate is (relatively) stable.
Thread posts: 9
Thread images: 2
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