Something weird is truly happening here. Even though the ETHBTC ratio is at a low point, there is sudden positivity over Ethereum. Not just Jow Forums, but every other crypto discussion outlet is having this. People are even starting to bring back flippening memes.
What is happening? Is it because of ETH 2.0 news? Tell me I'm not the only one noticing this.
Other urls found in this thread:
tradingview.com
tradingview.com
bitmex.com
twitter.com
ETH will ramp up right until PoS then dump it like a nigger with a math book
not sure what timeline you are living in.
the sentiment is ETH no longer killer feature of ICO because BNB is the new money printing machine.
There are three threads about "ETH going to moon" on the first page of Jow Forums at almost every time I come here.
That's a huge sell signal.
Flippening imminent.
But why now? What has changed in the last week so suddenly?
Imagine if an Eth competitor announced something new in few weeks, with quick mass adoption (ie a social media). What would have ETH 2.0 to show to normies?
An ETH competitor recently on Coinbase Pro and casually, in a few weeks, on regular Coinbase. An ETH competitor that will mock up the 2020 elections with digital identity and is being used by AAA game producers.
Whales are trying to create liquidity/mini-pumps to sell into.
Based strokeposter
Imagine if you country (India) suddenly multiplies its GDP by a factor of 40, casually, during this year. They will then ramp up their military spending and become the worlds superpower. What would become of USA and China?
You will make yourself mad thinking how and when market prices in things lol...
Buy low on fundamentals sell hi on delivering (or fomo wave if adoption is ahed of development like 12.2017.)
Thats fucking it goodspeed user
KEK
Lmao, based af
Shhhh don't shill God coin on Jow Forums. It'll jynx it.
Imagine if a new coin were made today and casually gained a network effect better than Bitcoin within a week. Every exchange would then also adopt this coin as the base trading currency and every miner would switch from BTC to this godcoin. What would BTC have to show for then?
Here's a cheatsheet
tradingview.com
Ethereum bitfinex longs at 364,000
tradingview.com
Ethereum bitfinex shorts at 103,000
So more than 3 times as many people going long on bitfinex.
bitmex.com
On bitmex the funding rate is positive which means longs pay shorts. The funding rate for ETH hasn't been negative (shorts pay longs) since March 23.
Usually it's not a good sign if most gamblers are betting it will go up (most traders lose money). I don't think it's going to go down in USD but the ratio is going to continue get worse.
Someone please screenshot me saying "most altcoins will not reach a new high until after bitcoin does"
He's right even if he's about to shill a scam.
impossible, you realise supply getting locked up means dumping is much harder?
has anybody else noticed how the previous ethereum correction is almost identical to the current ethereum correction?
Rlly makes u wonder.
Imagine if people suddenly decided all currency is worthless and went back to the barter system?
>What is happening?
Everyone is finally realizing that BTC is a shitcoin. Ethereum programs money. If you don't think smart contracts will become massive, you are absolutely retarded. Bitcoin doesn't save corporations money. Ethereum will and that's all that matters to the world.
Faith and belief