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3314005 No.3314005 [Reply] [Original]

Hey guys, remember that thread I made about "Total Market Capitalization" and how Bitcoin wasn't growing, but cannibalizing NEO, ARK, and the like?

Not a 'I told ya so' thread, but just handy information to know gents. When the capitalization goes down, and major investments get cannibalized.

Also, when your competitor (ETH) has noticed an increase of BTC-->ETH investments, why wouldn't if tank itself, if it has the ability to spawn as many Coins as it pleases? It's seen crazy growth this week, as an actual market - not as a sandbox run completely off of Market Utilization.

>> No.3314030
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3314030

Another graph to follow after this, you'll notice that the Market Capitalization HASN'T BEEN BITCOIN this week at all.

>> No.3314059
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3314059

In essence what is happening is a "Stress Test" for all Crypto, the big banks and investors have been gathering crypto for weeks now, taking losses for showing Market Control.

tl;dr, they gave the bull some sedative to see if it'll run after.

>> No.3314255
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3314255

Ok if you say so

>> No.3314428
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3314428

>>3314005
>ETH has the ability to spawn as many Coins as it pleases?
Nigga you dumb

>> No.3314450

okay anon

but what should i do / look for?

>> No.3314461

>>3314428
no, he's talking about ERC20 tokens

>> No.3314479

>>3314428
>ice age
>yeah but what about when it swaps to pos
>uh it definitely won't have inflation uh

>> No.3314526

>>3314479
Vitalik himself said that ETH will cap at ~100,000,000.

>> No.3314535

>>3314526
>ice age
>yeah but what about when it swaps to pos
>uh vitalik said the ice age will have a 100k cap
>yeah but what about when it swaps to pos
>uh i really have no idea what i'm talking about uh

>> No.3314574
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3314574

I dont know what any of this means. Please explain more simple terms so a Mongol such as myself.

>> No.3314635
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3314635

>>3314428
>>3314461
>>3314479
Yeah, Ice age and the coming difficulty bomb - Investors have had their bots on "Gather" set on ETH for 3 weeks now, gathering as much as they can.

>>3314450
>>3314574
This is why I left it open ended guys, it's not a persuasive post - just showing how to use said tools to predict dips.

Also what Im saying is that the Whales are accumulating, not to "Pull one over on ya" - but to make it an actual market, morethanso just being viewed from the populous as a proverbial craps table. This is a good thing, it shows growth and gives us some clout.

>> No.3314670

>>3314635

On a side note the FUCKING AMAZING!! News is that OMG has emerged unaffected from this dip, entirely anons. We're legit now, and taking our stride in full~

While in a downward trend (OMG) to come back to reg, we've not seen any major loss from this dip in ETH or BTC.

>> No.3314731

>>3314030
>>3314059
BTC market cap went up ~8b in the last week

>> No.3314764

>>3314670
ARE YOU SAYING BUY MORE OMG AND ETH

HELP

>> No.3314789

>>3314764

OMG is the way to go for sure, Ethereum will continue chugging along. But not right now - it's trying to Stray from the BTC attachment.