With BTC peaking this morning around 2900 and then dipping to 2700 where it bounced around all day, when can we expect the real BTC correction?
Assuming that my theory of BTC being overvalued due to mass speculation for the fork and correcting once everyone collects their BCC and moves their BTC back into alts is correct.
Also, who the fuck is buying BCC and keeping it at .18~? If this can be maintained into the next day as more and more BCC flows into the exchanges could we see a significant drop in BTC as the selling pressure mounts because people want BCC to take them to the moon?
Also, with cuckbase stealing god only knows who much BCC, and a probably significant proportion of BTC holders not collecting their BCC or hodling, how much of a dump are we realistically going to see in the next few days? I plan on hodling mine until .1 or .25. Free money is free money.
Very interesting couple of days for you sicko traders. I'm a hodler all the way, but BTC is going to stay the gold standard of crypto and I want to buy a bigger slice of the pie when I can.
>>2932060
>and correcting once everyone collects their BCC and moves their BTC back into alts is correct.
Why the fuck do you people believe that buying alts with BTC somehow makes BTC drop against USD?
Are you fuckers too stupid to realize that BTC drops against USD when you sell BTC for USD?
>>2932103
any reduction in market cap will result in a downswing
>>2932118
>any reduction in market cap will result in a downswing
A reduction in market cap results from selling into fiat not from buying alts, when you're buying alts with BTC there is a fucker like you on the other side selling his alts for your BTC ffs you people have no fucking clue
>>2932146
yes but then how to explain bch which is free money without any fiat going into it?
>>2932146
When you're selling BTC for fiat isn't there still some fucker on the other side getting BTC?