Mfw when i realize bitcoin would not double from its current price even if all the remaining alts dumped to 0 for...

>mfw when i realize bitcoin would not double from its current price even if all the remaining alts dumped to 0 for bitcoin

kek look at the marketcap dominance, yet these deluded retards think its going to 100k soon. every normie would have heard of Bitcoin by now kek stop deluding yourselves that you guys are the early adopters.

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Stay poor. Btc 500k 2020 screencap

>look at the market cap
>kek

marketcap dominance faggot. this recent bullrun in price came from the alts and you know it. lets see what happens after the fork

OP, you fucking retard.....every single alt dumping into BTC would still not increase the market cap of BTC at all. For thst to happen people have to buy BTC with fiat currency. Holy fuck you're dumb.

>muh zero sum game

you forgot the part where institutional money is coming in you fucking faggot

Came from alts; now fueled by normies who are buying ath. The more of them that fuel BTC's marketcap for the Alt bounce-back the better.

>mfw retards like OP actually think that everybody selling their altcoins for BTC increases the price of BTC

No, the money belonged to bitcoin in the first place. Alts were just temporarily borrowing some of the money so that some people can make more bitcoin like a casino.

you mean bitfinex?

what? are you deluded? look at the increase in BTC's price now check the change in the total marketcap for crypto. the recent money that flowed in does not justify this jump. some new money flowed in but most came from alts.

but yeah keep deluding yourself that you're still an early adopter.

People selling alt couns for bitcoin does not in any way increase the USD price of Bitcoin you retarded fuck

>he geuinely believes neets and pajeets have billions of dollars to fuel bitocin's rally
>he probably thinks these neets are pumping bitcoin cash as well with BILLIONS of dollar of volume

This is how you know someone is mentally unhinged.

God damn you're an idiot. How the fuck does dumping 1 billion dollars worth of NEO for Bitcoin increase the USD price of Bitcoin? It doesn't. USD price of Bitcoin only changes from people buying and selling Bitcoin FOR USD.

I don't even have BTC anymore just ETH but that's not the point you retarded fuck. BTC is what the market trades in so no matter how poorly alts do the BTC price IN TERMS OF USD is not affectrd by that.

>How the fuck does dumping 1 billion dollars worth of NEO for Bitcoin increase the USD price of Bitcoin? It doesn't. USD price of Bitcoin only changes from people buying and selling Bitcoin FOR USD

Dumping a million dollars of neo for BTC pulls a million dollars of BTC out of the selling market which if people are doing all over the place then btcs demand is going up and the price will follow

Every trade effects every price indirectly, taking advantage of different exchange rates is called arbitrage. If BTC goes to 3 million dollars you can't expect neo to maintain its 0.05 BTC status could you? It's value is independent of its sat cost

Hahahahaha wow holy shit dude.

Kill yourself.

When someone sells an altcoin for bitcoin it makes bitcoin go down you stupid mother fucker.

Not sure how OP calculated this but BTC could very well double in the future. I also think Monero is the most promising alt coin and 2018 could see the price increase ten fold it will definitely become a top 3 coin the dev team is one of, if not the, best teams in the cryptosphere

>thinks 200 billion is a lot of money in the grand scheme of things

blockchain.info/address/1CTJb2R46tmWuJgr9HjAZKCN4VZNohPDZ2

I have a few other wallets too. I'm probably around $1000 invested in Bitcoin because I bought most of my BTC from 2011-2013. Should I sell some?

why exactly do you think someone buying bitcoin would make the price go down?