One has to keep close tabs on all crypto coins traded in BOTH USD & BTC.
If BTCUSD increases in value while REPUSD remains the same, we can expect the price of REPBTC to go down to be collocated with it's USD value that had not changed.
Coins that are traded in both BTC & USD are used as TOOLS for accumulation and distribution both BTC & USD while carrying them through their cycles to a Spring and/or Up Thrust.
If you are wondering, "What Distribution?" or "Distribution into what?" The answer is simple, "Other coins and/or BTCUSD to pump it up with USD accumulated from those coins. OR to pump up another coin, such as ETH and later use it to dump and redistribute the USD and/or BTC accumulated to other coins and/or BTC.
Monero (XMR) was the first coin used in this fashion to redistribute what was accumulated to the other alt coins. MOST of the other alt coins are much cheaper than Monero, Ethereum, ZeroCash and Dash. Those four coins will be taken turns with to carry cheaper coins through their cycles to a spring and/or upthrust to accumulate and redistribute ultimately into BTCUSD. The composite group mainly wants BTC, USD and CNY.
Do not be surprised if EACH OF THOSE 4 COINS I mentioned previously eventually act out a Double Breakout with a Double Throw Back with a Mark Up over the course of time. However, ZeroCash is questionable. It may only do a Single Breakout with a Single Throw Back and NO MARK UP but simply fall back into accumulation mode. Why? Because it did not have an IPO; nor was it pre-mined.
If BTCUSD increases in value while REPUSD remains the same, we can expect the price of REPBTC to go down to be collocated with it's USD value that had not changed.
Coins that are traded in both BTC & USD are used as TOOLS for accumulation and distribution both BTC & USD while carrying them through their cycles to a Spring and/or Up Thrust.
If you are wondering, "What Distribution?" or "Distribution into what?" The answer is simple, "Other coins and/or BTCUSD to pump it up with USD accumulated from those coins. OR to pump up another coin, such as ETH and later use it to dump and redistribute the USD and/or BTC accumulated to other coins and/or BTC.
Monero (XMR) was the first coin used in this fashion to redistribute what was accumulated to the other alt coins. MOST of the other alt coins are much cheaper than Monero, Ethereum, ZeroCash and Dash. Those four coins will be taken turns with to carry cheaper coins through their cycles to a spring and/or upthrust to accumulate and redistribute ultimately into BTCUSD. The composite group mainly wants BTC, USD and CNY.
Do not be surprised if EACH OF THOSE 4 COINS I mentioned previously eventually act out a Double Breakout with a Double Throw Back with a Mark Up over the course of time. However, ZeroCash is questionable. It may only do a Single Breakout with a Single Throw Back and NO MARK UP but simply fall back into accumulation mode. Why? Because it did not have an IPO; nor was it pre-mined.
