Page 2 of 2 FirstFirst 12
Results 11 to 12 of 12

Thread: What happens when ETH flips BTC?

  1. #11
    Chatmaster Flash vacuum's Avatar
    Join Date
    Apr 2010
    Posts
    7,801
    Thanks
    2,530
    Thanked 4,399 Times in 2,420 Posts

    Re: What happens when ETH flips BTC?

    I saw some more discussion on the flippening topic.

    Someone made a great point that the most likely outcome of a flippening event is that a bunch of Ethereum bag holders sell and take profits because eth holders are coin whores who have no fundamental loyalty to it.

    This would cause the price of eth to collapse which would cause a massive alt coin crash of epic proportions since so much is built on top of Ethereum.

    This, in turn, would usher in the next bear market.

    So it appears to me that if eth flips btc, it could be a major signal to get out of the market. Thoughts on this scenario?

  2. #12
    Chatmaster Flash vacuum's Avatar
    Join Date
    Apr 2010
    Posts
    7,801
    Thanks
    2,530
    Thanked 4,399 Times in 2,420 Posts

    Re: What happens when ETH flips BTC?

    Several different mechanisms are being set up to make Ethereum go sky high.

    • Reducing block rewards by 90%
    • Staking lock up of tokens
    • Burning Eth


    Based on this, we have to consider what would happen if Ethereum flips bitcoin. Will Bitcoin’s competitors start to pump? That being monero and bitcoin cash.


Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •