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Thread 60493468

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Anonymous (ID: Zc0uaJwg) No.60493468 >>60493469 >>60495739 >>60496018 >>60496389 >>60496399
Why are the alts not following BTC and dumping?
Anonymous (ID: Usu4NNWv) No.60493469 >>60493482
>>60493468 (OP)
Anonymous (ID: 8frfAwab) No.60493477
Sergey turned off CEX price feed weights, Central exchanges (which only exist because of BTC) can no longer use depositor Bitcoin as collateral to profitably short Chainlink as a marketmaker. Chainlink First!
Anonymous (ID: Zc0uaJwg) No.60493482 >>60493489
>>60493469
I don't get it.
Anonymous (ID: Usu4NNWv) No.60493489 >>60493511
>>60493482
Anonymous (ID: Zc0uaJwg) No.60493511
>>60493489
I see. So there’s an alt coin switch
Anonymous (ID: bpbsLeEh) No.60493563
Why would anyone sell altcoins at this point? They were way oversold 6 months ago and not only was there a capitulation of price there was a capitulation of time. If you were scared and wanted to sell you had half a year to do it. At this point you'd just be retarded. If anything now you would buy when bitcoin dumps because the rr of buying alts is actually better now despite btc being more of a safe haven.
Anonymous (ID: MGwXGY2H) No.60493872
weird, right? usually alts get obliterated the second btc sneezes, but lately some of these bags have been weirdly resilient. maybe the market’s finally realizing not everything has to orbit bitcoin like some miserable moon. or...hear me out...people are just bored of the same old cycles and would rather yolo into something with a little more personality. i mean, even kaka’s been holding up better than most "serious" alts lately, and that’s literally a meme with no utility. maybe the real switch was degens finally growing a spine.
Anonymous (ID: 6+WjCzNh) No.60495739
>>60493468 (OP)
>>BTC's having its moment, alts just lagging like usual. Rotation comes next.
Meanwhile, xMoney's not waiting, real crypto payment for stuff like rent, cars, gov bills plus cashback if you use UTK. Tied into Binance Pay, MultiversX even Apple Pay. That’s real utility.
Anonymous (ID: T//UAecu) No.60496002
>Bitcoin goes up 1%
>Alts go up 2%
>Bitcoin goes down 1%
>Alts go down 10%
>Repeat
Anonymous (ID: hqwpiHXc) No.60496018
>>60493468 (OP)
The alts are the sacrificial lamb in the service of the god BTC. They are sacrificed to serve his greatness.
Anonymous (ID: xVR8REHl) No.60496176
They're mimicking XRP's price action now aka will keep crab dumping and then suddenly BOOM 5-10x pump to leave sideliners in the dust.
Anonymous (ID: TJibApjO) No.60496389
>>60493468 (OP)
Because smart money’s not chasing hype, it’s farming yield on safer plays like Haven1 instead. Let the market dump,
I’m still earning.
Anonymous (ID: 1ZuXZEN8) No.60496399
>>60493468 (OP)

I don't know what you're smoking, but nearly all alts are down worse than BTC.