word on the street is that BTC will recover soon and this percentage is going to go down considerably.
HOWEVER, lets say it doesn't. Lets say this number goes to 80%, 90% and then... THE FLIPPENING
What happens to all the alts who only have BTC as their trading pair?
Again I really want to stress. This thread is not for "Heh you are so delusional, there will never be a flippening!" Because if you don't see this as a (perhaps unlikely) possibility at this point, you are mentally retarded and should seek guidance.
flippening would kill (down to maybe 1-3k) BTC and crash a lot of coins. then eth would moon to maybe 10k and suffer similar problems as btc (slow, expensive trades).
then NEO takes over and i buy a lambo
Dominic Ramirez
>muah flipping bch failed, xrp failed and a buggy slow gen 0.5 network like gayterum will fail to.
Robert Smith
again read the thread before you post you drooling retard.
Jaxon Bailey
I was thinking about this but it's impractical for a few reasons.
Not only does btc have to come down but eth has to go up.
Since btc is bottoming and eth is topping there is considerable resistance.
Since eth has a far higher emission rate there is incredible incentive for miners to sell eth right now
Looking at it from pure trading perspective given the divergence over the past couple weeks, of you didn't sell btc and buy eth a couple weeks ago you missed the cycle and doing so now is super risky.
Jeremiah Ward
newfag detected
do you not see the collusion that is going on with btc? like 'they' are going to put effort into controlling btc and let it fall off the map. look into the lightning network
Nathaniel Green
let's assume BTC and ETH are both equally good to HODL
right now, if you have a 1000 LINK and you want to sell, you'd want to sell into LINK/BTC instead of LINK/ETH pair, since BTC is weaker, right? you'd be able to get more of BTC, right?
Lincoln Morgan
Smart money has been out of BTC since 15k+. that's when I sold. Never sold a single ETH except to buy some alts. ETH has a future, BTC doesn't as it exists now. Just my two cents
Ayden Garcia
Why would you have any LINK in the first place
Anthony Wilson
>they think eth is a good coin
Isaac Martinez
nobody thinks ETH is a good coin
It's just marginally better than BTC and in position to claim the top spot
Jeremiah Gonzalez
Lightning is shit.
Chase Williams
>as it exists now. Just my two cents just as an example, seeking attention since i know LINK is Veeky Forums-approved
Blake Cook
>word on the street is that BTC will recover soon i dunno, mang. it's probably the same smug cunts who were running around proclaiming that the last sub 10k was the dip and everyone was an idiot to not buy it.
i hate this log scale chart personally, but those same smug cunts will post it everytime they want to hide the fact that we are now 50% from dec highs.
they never draw the support trendline either. i'm not saying we're going to 4k, but we're definitely going to 8k before 20 again.
a slow btc bleed out would be ideal for eth.
Isaac White
...
Angel Ross
The flippening if it happens won't happen over night like all you retards think
The vast majority of trading pairs are in btc. We would need more eth pairs before people would stop holding btc altogether
Oliver Gray
It was always the best scaling solution, it works, and it will be implemented.
Nolan Richardson
I honestly think that ETH has more pairs than BTC at this point. Most coins are ETH tokens
Joseph Cox
is there any coin without a btc pair
Jeremiah Kelly
if BTC drops quickly and ETH drops less quickly, we can have a flippening at only 4K BTC!
Lincoln Nguyen
This guy cryptoes
Matthew Garcia
wow a trendline, something so simple an 8 year old can understand it, im sure thats a reliable predictor for anything at all
Carson Allen
This is how I see it playing out: >flippening happens >exchanges add every alt to the ETH market >ETH traffic increases drastically >network bogs down >confirmations take days >unflippening happens
it just dropped 10 billion should i sell my eth and buy back or is it going to recover?
Jackson Jones
>the sun >scientifically literate Have a read up about magnetic pole shift, it's interesting shit but it's about as big a deal as Y2K only this time you don't actually have to take preventative measures.
Julian Diaz
>thesun.co.uk
This board is so fucking low IQ man
Jayden Bailey
>bragging about your IQ using ricky gervais And reddit spacing? My man!
Ayden Long
sharding and plasma coming, boy.
Jackson Fisher
>tfw never been on reddit >been on the chan since 2008 >has always used spacing after citations This feels weird like hell.
