Anyone who knows timing on an ETH ETF, who has significant BTC bags and the right friends, could short BTC into the ground just before the announcement, then pump ETH to the moon.
Starting to feel like this ride's only just starting.
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I doubt Bitcoin goes down while ETH moves up.
Do you think bitcoin dominance will continue indefinitely? If it has to end at some point, how will we know it's coming? How much of it's current speculative value is based on it's dominance, and what happens if faith in that dominance is shaken?
If Bitcoin network fails ETH is going to a dollar and Hive .0001 cents.
I'm not talking about the network failing; I mean if bitcoin marketcap loses dominance against alts.
It won’t. Been hearing about the flipping did a decade almost, I don’t see it happening personally. Bit of network effect is still most secure by far which it will be I suppose it won’t effect anything literally only mentally. But I do not see this ever happening unless for an extreme short period of volatility. I think it’s doubtful even there.
My concern is that if BTC and ETH each have ETFs, there's a chance big money players may have already decided ETH would flip BTC, and already agreed on a date. I'm not in that Telegram group, unfortunately :)
Nah. Not happening. Not like that. Impossible
If comment is mostly about this ETF news I can tell u 100% ETH is not going to increase beyond Bitcoin market cap this cycle ever.