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/biz/ - Business & Finance

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9722191 No.9722191 [Reply] [Original]

Bitcoin's influence over cryptocurrency prices could end soon, says Ripple CEO

Cryptocurrency prices have been highly correlated with bitcoin, falling in lockstep for the first half of 2018.

That could be coming to an end as markets begin to understand the major differences between cryptocurrencies and their use cases, says Ripple CEO Brad Garlinghouse.

"It's early, over time you'll see a more rational market and behaviors that reflect that," Garlinghouse says.

>> No.9722209
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9722209

Cryptocurrency needs to decouple from Bitcoin. NOW.

>> No.9722419

>>9722209
Yeah, we cant keep giving fresh new money to Mt.Gox victims.

Their wallets currently hold 137k bitcoins and are the reason for the bear market continues this long.

https://www.cryptoground.com/mtgox-cold-wallet-monitor/

>> No.9722534

>>9722209
yeah decouple and watch your shitcoins go to $0.00001

>> No.9722577

>>9722209
>this is like apple stock taking down the entire stock market

lmao this actually happens though

>>9722534
>>9722534
this

>> No.9722599

>decouple from btc
>couple with eth
w..we did it...y-yayy...

>> No.9722658

>>9722599
>ride the bull run with btc
>its about to fall
>decouple
>couple with eth
>?????
>profit

>> No.9722663

>>9722577
funny he calls it "industry", how deluded are these people