post fork BITCOIN exit pump scratching below$5000 BCH alomst 40%
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The easy going success of the fork confirms the end of the bitcoin dominance phase.
Right now BCH got almost 40% of the network size. coinwarz.com/cryptocurrency
If you dont count them together like i did in the chart,
then you have to consider this as relevant for the old BTC as a political party losing 40% their votes to the opponent
So the current exit pump sneaked in just in time while a majority of people still things bitcoin is "the thing",
when "the thing" is rather called "decentralized crypto networks" for enabling decentralized finance, social rules and networks and so on.
When bitcoin pauses and turns altcoins may continue their rally a bit, which they started a few days back and manifest their co-existence as equals next to bitcoin.
But we should not stay with altcoin either for many more weeks and month again. It will likely be a bull trap too after their prices grew so fast.
You can get fiat or do your winter sleep in steem dollar or bitUSD or so, as long as they wont be much above $1 - or something cheap that you like as far down the list below the top 20 crypto currencies as possible and get money off centralized exchanges (Uncessary risk)
Right now BCH got almost 40% of the network size. coinwarz.com/cryptocurrency
If you dont count them together like i did in the chart,
then you have to consider this as relevant for the old BTC as a political party losing 40% their votes to the opponent
So the current exit pump sneaked in just in time while a majority of people still things bitcoin is "the thing",
when "the thing" is rather called "decentralized crypto networks" for enabling decentralized finance, social rules and networks and so on.
When bitcoin pauses and turns altcoins may continue their rally a bit, which they started a few days back and manifest their co-existence as equals next to bitcoin.
But we should not stay with altcoin either for many more weeks and month again. It will likely be a bull trap too after their prices grew so fast.
You can get fiat or do your winter sleep in steem dollar or bitUSD or so, as long as they wont be much above $1 - or something cheap that you like as far down the list below the top 20 crypto currencies as possible and get money off centralized exchanges (Uncessary risk)
Nota
*while a majority of people still thinKsNota
(correction, while a majority of people still thinKs)Nota
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