ATH and then a good correction, rebuilding base.
Pump to $25,000, then a correction to $20,000 would be preferable
my opinion ? i think 20k $ is a nightmare to traders now , ibitcoin gonna spend days before it break with the enough volume , maybe this altcoins turn for a bullrun .
Fuck "altcoins"...
They are more properly known as shitcoins.. for a reason.
2020 >>>>>>>>>>>>>>>>>>>>>2017
Eth is at 510.................................Eth was 1200
Who cares about ETH? It's a shitcoin... It's not something that you should invest your money in long term.. sure, you can gamble and play around with it, but why the fuck does it matter in this particular thread? It doesn't, unless you want to say negative things about it, then that would be fine to reference it in that direction.
BTC is at 18651 ........................... BTC was 20000
so 2.7344% eth value to BTC value 2020
vs 6.0000% eth value to BTC value 2017
note coin value not market cap.
so I won't argue 2.7344 is too low right now
I won't argue 6.0000 was too high back then.
I will argue that ETH is a shitcoin.. filled with smoke and mirrors and does not even know what it is... I mean is it going to have an ETH 2.0? Fuck that level of uncertainty.. who needs it... even if others are willing to risk their money in such smoke and mirrors crap.. does not mean that it is worth analyzing.
I will average the 2 and get 4.36% So does the current number drift to 4.36% by eth moving to 800 a coin?
if it does it gives us 4.289%
Gamble if you must.. it seems like a waste of brain power.
and a big time eth rally is right around the corner.
Perhaps? But why should we care in this thread unless you are trying to make some kind of connection to bitcoin? Sure, ethereum and a lot of the other shitcoins suck off the teets of bitcoin, and they would not be able to do shit in terms of pumping at all, if they did not have the security of bitcoin backing up the whole space.
good for my gpus as I will get more btc when I cash in the eth next week.
Likely nothing wrong with short term transitioning any eth that you might hold (or mine) into BTC.. but I would have ethical dilemmas supporting that scam network at all, but sure, if you have found a way to feel comfortable with such participation, then that is your choice.
I sell my eth for btc and fiat. so an eth rally works to get me more btc.
Fine.. is it worth it? Perhaps. You seem to have come to that conclusion... so good for you.. but still seems to be like the wrong place to be discussing it, here.
*drying off with $8,000 towel.*
That's EPIC!
In my case, I'm currently using a
$2000 Trezor...
At least we haven't been eating
$90M pizzas (yet)!
I have a couple $1,300 sandwiches
Dont forget my $33,000 iphone 6..
(1.8 BTC on feb 2016)
I had a bloke code some stuff that I can code now myself in 1 hour. Only 25 BTC
This type of thing is easy to joke about, and I definitely bought my share of thousand dollar cookies.
But I think it's important to remember that by buying those sandwiches and pizzas - and buying them
with BTC, not by converting to cash first - early adopters paved the way psychologically for people to believe that BTC are actually worth something. Who knows whether the bitcoins that bought those things would really be worth that much now if they hadn't been spent?
That's a decent point.
And, there were a considerable number of people who engaged in spend in replace, too.
I proclaim that any BTC that I spent between 2014 and late 2016, I replaced almost immediately.
Between 2017 and 2019, I still had mostly attempted to replace any BTC that I spent, but I had a bit more complicated arrangement. I have claimed some BTC sales in taxes in several of those years, too.. so there is that angle, as well.
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