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15th November 2021, 03:42 AM
#10
Chatmaster Flash
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?
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