BitCoin dominance is going parabolic:

BitCoin dominance is going parabolic:

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Damn that whore needs a good fucking

I choose to beleive this because she is cute

spell parabola nigga, now spell LOGARITHMIC.

Yes, it’s going to 230% very soon sir!

>she

Hey guess what?
You see the white line? Yeah thats "other"
In other words, it means Chainlink.
Goodluck with this knowledge.

>BitCoin

So is my dick

crypto trapfu

This guy wasn't in crypto during 2017-2018

Who is this chepiga girl guys?

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What video?

On plebbit you can find it
The neckbeard running it has gathered a following and used it to troll Roger Ver before see

So youre saying alts correlate with each other, not btc

Everyone who got in 2017-2018 thinks that's all the market does, BTC price increase, alts moon harder. You idiots didn't realize where we were in the halving cycle. BTC halves supply, one year later alts moon. Silly money and newbs flood in after BTC 2X ATH. You guys aren't smart.
It's like arguing with Bugs bunny. They're all correlated to BTC

...

you only need to look at the btc dominance chart to disprove everything you say

Brainlet here, hoe do they even calculate dominance of a crypto coin

HOLY SHIT. BTC dominance can grow or shrink and the alts could all stay correlated to BTC long term, you guys really need this shit spelled out for you. Feel embarrassed.

how can alts stay correlated to btc if btc takes the market share of the alts or vice versa?
what is the correlation you are talking about?

against the fucking US Dollar

do you get it now?

percentage of total market cap held by that coin

alts are correlated to btc against the us dollar?
then how do alts lose or gain dominance against bitcoin?

>You idiots invested in crypto but don't believe in BTC?

Crypto isn't religion. You don't have to believe in it entirely to invest in it. BTC's fundamentals are very bad. It's inefficient. It can't scale. The Lightning Network did nothing for BTC. Its value comes entirely from speculative mania. How can you believe in BTC given these glaring flaws unless you're a total idiot?

>when someone is being a Bitcoin maximalist in your path
Bitcoin only reached 20k because ETH sparked a massive bullrun with its EEA partnerships and ICOs.
You're a huge moron.

if you believe BTC's value will fall and BTC is tied to every crypto's value and you invest in crypto then you're buying something you think will fail. You guys are seriously the dumbest members of the crypto community, go buy bitconnect 2.0

a few different ways usually in one or two big moves, usually at the end of BTC's 4 year halving cycle. I bet over 90% of crypto price is tied to Bitcoins halving cycle. It's the supply to the sellers of BTC and BTC is the king still, sorry that it moves the market maybe one day your shitcoin will dethrone it please hold your breath until then.

ETH and BTC fueled each other 2017 rally, saying BTC only hit 20k because of ICO's makes you look stupid

In early 2017 BTC was getting pummeled with its internal bitchfights, PBOC regulations. denied Winklevoss ETF, ... There was zero good news for Bitcoin.
Meanwhile ETH announced its EEA partnerships, and a shitton of mooncoins launched ICOs on ETH.

Bitcoin would've crashed into oblivion if it weren't for ETH.

explain how the halving affects the relationship between bitcoin and alts

you guys let your biases show. I own ETH and have probably been buying it for years longer than you, it's a great smart contract coin but the market won't settle on one crypto for every purpose. You guys can figure out when demand peaks and can even read some trends well but you totally ignore supply. Deflationary smart contracts are a little over a year old and are just starting to reach biz board this year. This shit is all still new but you geniuses tell all of us what the next BTC is.

THERE IS NO NEXT BITCOIN. Normies aren't splitting hairs on TX times and fees they only care about making the most gains

I've put on a clinic tonight educating retards

all the coins market caps added up together is the 100% - let's say they all add up to 100 billion.

So if btc is 70% dominance, it's market cap is 70 billion. The rest of the alts would be the other 30 billion.

You really should read some investopedia type site a little before putting money into markets

if ETH wasn't around in 2017 BTC would have crashed into oblivion?

Do you hear yourself? You believe the shit you spew? Think about it

im not asking what dominance is
im asking what is the mechanism that favours btc over the rest

None of what you're blabbering about gets even close to refuting the fact that Bitcoin would've crashed in early-mid 2017 without ETH, instead of going to 20k.

There was ZERO good news for Bitcoin in 2017, only bad news.
The only good news was ETH causing the interest in crypto to explode.

exactly, Btc will always be the longest proven secure coin. The "next Bitcoin" could have some security flaw that destroys it, btc will always be the longest tested

supply vs demand

>Bitcoin would've crashed into oblivion if it weren't for ETH.

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this:

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look on reddit and biz idiots pick the next BTC but wall street, pensions, VC funds, companies paying partial salaries aren't playing silly games with a 2 year old smart contract platform. BTC demand is underrated, companies all over the world pay employees in BTC

citation needed

You think good news is what moves the price long term? Those cause short term movements. Supply, the halving of supply to the people who sell BTC every fucking day, that's what moves the price. How many times do we scream this at you guys. Halving cycle moves price. Go study the previous 4 year cycles and tell me what you see.

they're trannies

you want me to cite everything i read on an user message board? You've gotten too much knowledge from me. You're luck our idenities aren't tied to this because your posts have been the most filled with ignorance. I feel like you should pay me for the lessons I've taught you.

fpbp

Fucking trannies everywhere man.

you wanna make an argument on an anonymous cat litter forum go ahead and back it up

It's not a tranny. It's a girl. He's using the girls picture

What moves prices is good news, and halving IS good news. But it happened in mid-2016. It has nothing to do with the developments of 2017.

Also, no halving ever started an uptrend or bullrun.

>

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Chainlink is no longer an alt, that's like calling ETH an alt

>eth isnt an alt

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1st cycle: moon and crash with no halving
2nd cycle: a year of uptrend before halving, no change in trend
3rd cycle: half a year of uptrend before halving.

Thanks for proving my point.

if you updated the chart it would be wrong,
unless you are saying this rally is a bear market rally

It literally goes parabolic after each halving you retard.

Also, people bought in preparation for halving in 2016, which you can see in the graph as well.

Indeed, I didn't make this graph so I have no idea what the final curve was based on.

>It literally goes parabolic after each halving you retard.
After there had already been an uptrend.
And Bitcoin had gone parabolic already before any halving.

Also, the price development from the past 6 months completely shits on this prediction:

you say slavery i say sorry

>slavery
sorry

Damn, dis be some y=mx+b shit.

>she
he is changing profile pic from time to time just to troll people

All altcoins are tied to the BTC price. Tokens are tied to the ETH price, but ETH itself is tied to the BTC price. When BTC goes down suddenly, alts go down to (in both sats and fiat).

>2019
>not looking at LINK dominance chart

I would 51% attack her cunt-hole and leave her with sybil

Link not an alt?
You are retarded.
Prepare to get justed

Both ETH and Link are alts and both will get absolutely crushed in their satoshi value.
They might increase in fiat though.

I was a delusional edgy altcoiner until early 18 luckily i grew out of that phase and moved into btc to atleast keep my sats. Feels good not beeing justed completely

Metcalfe's law broke and it was 95% correlated with the BTC price. If it didn't, I wouldn't have missed this bullrun, now I'm stuck with stonks.

It’s a dude which makes you gay

newfag

>when BTC dumps so does every other crypto
>SLT gained 400% during the bear market
COPE

Chainlink already has m8

this

Well pic related still stands

Indeed, I have known stopanddecrypt for a while while I was in the patch. The picture had me thinking he had transitioned....then I remembered the average Peterson dicc sucker from the patch who would do this

it was inevitable, surprised it took this long

100% is likely upper resistance.

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