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/biz/ - Business & Finance

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24575957 No.24575957 [Reply] [Original]

>tfw when btc is a hedge against gold and fiat currency, but xmr and eth are hedges against btc, but ada/algo/dot/atom/avax/etc are hedges against eth, and zec/dash are hedges against xmr, meanwhile link/bat/mana/etc are bonus value on eth, but don't know how to separate the valuation of the bonus from the protocol itself

does anyone here even understand this shit or is it just 100% gambling? how could you possibly understand all of this?

>> No.24576809

>>24575957
I have all my money in BTC, but even I realize it's a failed idea. The Ethereum blockchain is like what the early Bitcoin adopters dreamt it would be like.

>> No.24576856

>>24575957
was just fixing to ask this. i'm a newfag on biz, but 90% of the talk about crypto seems to be pure speculation and guesswork on how this shit will work. that being said i've made pretty good returns on btc, but that's not hard for anyone with 2 braincells to do seeing its fucking exponential returns.

>> No.24577925

>>24575957
If you price ethereum in BTC, it's still at the same price that it was in March 2016. BTC is the one and only king for now

>> No.24577955

>>24575957
>hedge against gold
sorry, but it seems you dont even know what you're talking about

>> No.24578067

>>24575957
>>24576856
like forex it's all traded by algos to balance in equilibrium, only computers truly understand. all you need to know are the rough cycles of btc up/down/crab and flow to large cap alts and then small caps and then back to dollars.