1.Many people once agreed that the price of btc would reach 100k. This prediction was made when btc dominance was at 65%. When the btc price was at 69k, the D was at 45%. The simple calculation: (100k*supply)/65%≈(69k*supply)/45%. So I think the 100k btc theory accurately predicts the total market cap of the crypto market and shows us the importance of maintaining the D to miners.
2.Miners, mining groups or 'pure bitcoiners', they can just crash altcoins and leave others guessing why. It is in their interest to bind the concept of blockchain, cryptocurrency, btc and POW mining. They don't even want the outside world to know the existence of altcoins or other choices. People like well-known developer or CEO of a big company directly spread rumors attacking other cryptos, which means that the fake and fragile number one of that prototype is about to collapse.
3.We are going through the same process as 2000 and the alts/btc direct trading should be cancelled. You can't imagine if Amazon's value was measured by the count of domains.
2.Miners, mining groups or 'pure bitcoiners', they can just crash altcoins and leave others guessing why. It is in their interest to bind the concept of blockchain, cryptocurrency, btc and POW mining. They don't even want the outside world to know the existence of altcoins or other choices. People like well-known developer or CEO of a big company directly spread rumors attacking other cryptos, which means that the fake and fragile number one of that prototype is about to collapse.
3.We are going through the same process as 2000 and the alts/btc direct trading should be cancelled. You can't imagine if Amazon's value was measured by the count of domains.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.