/biz/ - Business & Finance

[Anonymous No.49653492]

BTC/ETH dominance just broke and is poised to collapse over the coming months. Over the past 36 hours we have had a vertical drop down. This is a significant change that signals further drop of approx. 40% based on historical trends.

You guys know what this means, right?

We are about to enter the first ever Utility Season.

[Anonymous No.49653589]

>>49653492
what coins should i buy?

[Anonymous No.49653682]

im gay and i hold ICP. and im about to be fucking rich

[Anonymous No.49653853]

sure, stinkie. sure.

[Anonymous No.49653956]

>>49653589
XRP
XLM
XDC
HBAR
ALGO
VET

[Anonymous No.49654199]

this would imply the altcoin reckoning has yet to truly begin
expect significant drops in ether and other alts, the latter of which will likely never recover just like '14, and '18.

[Anonymous No.49654607]

>>49654199
that's the point. ether and 95% of other alts will drop because they are literally useless. the majority of alts are purely speculative.

it's the ones with actual utility for enterprise use and institutional adoption that will be worth anything in the future. hence the term "Utility Season". Massive amounts of VC money is being poured into these things right now. If you don't believe me, go take a look at the XRP Ledger right now and see the massive whale activity.

[Anonymous No.49654645]

>>49654607
everything you mentioned has been cycled and has seen its last btc high, likely its last dollar high too.

[Anonymous No.49654650]

>>49653682

[Anonymous No.49654735]

>>49654645
>everything you mentioned has been cycled
wrong.

[Anonymous No.49654815]

>>49653492
unironically zoom out

[Anonymous No.49654950]

>>49654815
>"zoom out"
>literally zooms in