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RE: Why Bitcoin Could Reach $23,000 Soon

in #bitcoin7 years ago

The problem is that eventually even those get moved into Bitcoin since most altcoin trading pairs are liquid in BTC rather than ETH or LTC. So yes, we see fiat --> ETH ... but then we ultimately see ETH --> BTC in majority cases, then finally BTC --> Altcoin.

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I think it is also a matter of time when ETH --> Altcoin...