ETH definitely started the correction uptrend based on (ETH/BTC). However, after a the breakout, ETH took a breather and XRP decided to take 'control'. It seems that all the alt coins are taking market cap out of BTC (at least some) KRAKEN:XRPUSD
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I've been folowing the rally.... ETH definitely started it... then XRP seems to have taken control if you take a look at ETH/XRP.....
My impression is that alt coins are taking market cap out of BTC, thoughts?
welcome to the new age. the revolution of crypto currency is changing the representation of the worlds wealth from fiat to crypto. all of the 100s of trillions in fiat debt will become worthless, trillions in land and resource value will be unlocked, trillions in trade and financial inclusion will be unlocked. fiat currency uses leverage and scarcity to make wealth exclusive. crypto will use inclusion to make wealth and abundance available for everyone on the planet.
as far as market cap goes, I see top ten crypto currencies as having market caps in the 100s of trillions. certainly any crypto currency that provides a store of value or can be used to manage or transfer wealth can be worth a trillion in fiat. at some point it wont make sense to use fiat as a measure of value. that is what this is all about anyway.
pay off your debts with crypto profits! the world will soon be debt free forever.
as far as market cap goes, I see top ten crypto currencies as having market caps in the 100s of trillions. certainly any crypto currency that provides a store of value or can be used to manage or transfer wealth can be worth a trillion in fiat. at some point it wont make sense to use fiat as a measure of value. that is what this is all about anyway.
pay off your debts with crypto profits! the world will soon be debt free forever.