thanks for the link. good read. helps a lot in understanding this mess.
So we are going revisit 50% area soon i believe.
http://coinmarketcap.com/charts/#btc-percentagewhen ETH miners will get more $$$ bitmain BTC miners they will rethink strategy : )Innovation or stagnation...
Greed of missing $$$ will force changes.New people to crypto seeing stagnating BTC vs innovating alts won't give a fuck to BTC to much.
If BTC will be lucky will be reserve currency for alts.
Ethereum is great becouse they threaten miners with POS so Bitmain won't move there.
If they will go for ETH=Vitalik will move to POS to fuck them up ^^ so Vitalik keeps bitmain in best chess move.
Same time people will see that BTC is "bad" becouse of mining centralization ruining it.
And at some point changes will be forced but i don't know how much market cap have to lose BTC 40%? 50%? 60%? 80%?
Greed is greed Jihad is nicely trashing BTC ^^ ...
There is nice bullshit of BTC maximalists that BTC will use everything that is best in alts but... life shows that they are TRULY wrong,
BTC cannot be everything for everybody.
If I would listen to those people i would NEVER make money in crypto.
Anyway i sold most of alts for BTC - if you want get some money don't follow MOB.