Eth will flip btc.
@NFLPlayerProps said:
ETHUSD* ATH broken. Avoid the ETHBTC chart for now.
If we get to the point that there is substantial chatter about about ETH flipping BTC, I am going to take profits on BTC. This is my third cycle and that is one of 2-3 top signals I promised myself I'd trust.
Yukon Cornelius said:
I was joking with you when I said it in a definitive manner to fulfill your top signal. I know it doesn't come through well via text on a forum lol.
I wouldnt really call it a bet per se. It's not a win or lose. I have a good entry on my eth position. I saw this run up coming. I started posting about eth here back before it happened.
I started rotating some of my btc into eth starting in April but really kicked in beginning of June.
Essentially for me the trigger was blackrock filing to stake their eth. Followed up by JP Morgan's announcement.
I've been in this several cycles now. I made a large entry 100% BTC before this halving. (As I have done before). BTC was the most low risk obvious investment back then.
However today it's not the same. We haven't 2xed since the halving. Each halving we will continue to see diminishing returns. I'm going to short IBiT next halving. But the miners will still see a 50% revenue cut. We will see a drop in hashrate. A drop in price post halving. This next halving will get front ran so hard there won't be any post halving liquidity to pump. When that happens the entire speculative thesis gets BLOWN up. And withour the speculative cycle btc really doesn't have the pull for high end liquidity. We will see a prolonged bear cycle next cycle IMO.
And that will allow eth IF IF IF IF (big IFs) is continued to be adopted and utilized for tokenization by institutions.
Those two scenario's coinciding will allow eth to surpass BTC in MC.
Now BTC failing speculatively next cycle is very high to
me. Probably at an 80% chance.
Eth adoption is more like a 40-50% chance. So combined for both to coincided is give it a roughly a 20-30% chance.
I'm 85% btc. Well maybe a little lower on eths pump today.
@NFLPlayerProps said:
0% chance ETH ever flips BTC. Willing to bet literally any amount on any timeline
Quote:
FYI, An even money bet, where we each payout the same amount of money if wrong, is a 50% chance.
Yukon Cornelius said:
I'll make you a deal you can't refuse NFLprops. If ETH doesn't flip btc on MC before the next two halvings. So before the halving in 32. I'll buy you a year of Texags subscription. If eth flips btc in MC, even for a second before the halving in 2032 you buy me a year of Texags subscription. And I'm talking 3 gold star level.
And just for the record, I've always enjoyed your contributions to various threads.
@NFLPlayerProps said:
Not worth my time.
Regarding insulting you, to be extremely clear, I don't like you or respect you. In my opinion you are not anywhere near as smart as you think you are, and you're also a pompous *******.