Hi all - just been thinking... If BCH were to

Question

Bitcoin Cash (BCH)

Raphael

Hi all - just been thinking... If BCH were to

flip BTC wouldn't the whole market dump in a big way? Seeing as tether props up BTC and is the fed of crypto...

#bch #bitcoincash #cryptocurrency #english

0

06.04.2024

10 ответов

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Raphael Автор вопроса

Tom
I think you may have cause and effect reversed. B...

Yeah but I assume people associated with tether hold large amounts of BTC which they can dump back into USDT? Also there's the possibility of alts flowing into BCH...

0

25 дней назад

Donaldo McFocker

If Market decides to Flip into BCH, BTC and Altcoins would Dump, but BCH would gain more Liquidity, so it's all good.

0

25 дней назад

Jeremy

Raphael
Yeah but I assume people associated with tether ho...

Overall crypto marketcap would go down, but BCH value will be skyrocketing. This will be followed soon after by the largest explosion in crypto wealth ever as BCH network effect snowballs while every other coin becomes mostly irrelevant

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25 дней назад

Sovereign Naan

Tether would go bust afaik, and yes, many other bogus cryptos in the top 20 would dump as well.

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25 дней назад

Sovereign Naan

Jeremy
Overall crypto marketcap would go down, but BCH va...

The largest crypto wealth explosion ever for bch/ us... meanwhile lots of dumb "btc is new gold" people would see their wealth vanish.

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25 дней назад

Joe Fintec

Eth will flip btc boomer coin first. Blackrock is currently swallowing btc via etf. They are circle and usdc is competing with btc maxi fed usdt. With buidl token they will attract all fiat of cex and crypto companies. Prepare accordingly.

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25 дней назад

Joe Fintec

Sovereign Naan
Tether would go bust afaik, and yes, many other bo...

First digital is tether substitute and biggest trading pair is fdusd-btc.

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25 дней назад

Jeremy

Sovereign Naan
The largest crypto wealth explosion ever for bch/ ...

yes, although at least a few will have got some of their coins into BCH

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25 дней назад

Sovereign Naan

Joe Fintec
Eth will flip btc boomer coin first. Blackrock is ...

I don't follow... why eth flip btc if btc is getting swallowed by ETFs? Like BlackRock is swallowing people's funny money while seelling them ETF bitcoin, while they'll be buying actual eth? It's like the cbdc is just stable coins paired w/ btc... b/c the Fed needs SOMETHING to claim as a reserve to back its ponzi, as gold has slipped out of control of the west and is now driven by markets in the east... Seems to me one is much more fragile than the other

0

25 дней назад

Tom · Accepted Answer

Tom

I think you may have cause and effect reversed. BCH were to flip BTC only (in the next 18 months) when a lot of BTC holders start to exchange their BTC for BCH. The result is the flip.

0

25 дней назад

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