RE: BTC 2015, 2017, 2018 Look familiar?

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BTC 2015, 2017, 2018 Look familiar?

in bitcoin •  6 years ago 

It would be interesting to see if crypto’s developed some sort of seasonality. Although I prefer using seasonality in commodities to forex personally. I’m getting concerned that the market has quite a narrow focus on bitcoin patterns at the moment. I wrote about it here. Agree that patience is the keen, timing is always of paramount importance.

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Hi, correct. But they should never had introduced the coin value pairs like coin/btc coin/eth etc. This makes the whole system depends on Bitcoin. So, if for example ripple would exceed bitcoin market cap, still all other coins will suffer from Bitcoin. That is and stays the main problem. And nobody wants to burn is fingers again on Bitcoin so the market gets into an impasse.

I'd would say that it's important that each and every coin is exchangeable in to another. Any coin that wasn't fully fungible would have far less value than one that does.