@M1Godoi@SturdyBusiness@100trillionUSD Coins like FTX's FTT added like $12 billion to total crypto market cap. These coins reduce BTC's dominance by artificially inflating the total.
@SturdyBusiness@100trillionUSD Because BTC is losing it's relevance over time. Just think about that. on 2017 BTC.D was around 95% now after 12 months of bear market he's under 30%.
I wonder how much BTC.D will be at 2025. 20? And 2030? 10% ou até 5%?
BREAKING: Youtuber @realMeetKevin says: "SBF deserves to sit in PRISON next to Bernie Madoff! F*CK HIM! Disgrace to crypto!" and apologizes for promoting #FTX.
@accounttoblock@BitcoinMagazine It means exchanges have more BTC than are verifiable from the blockchain. They create fictitious markets for asset prices by stealing users' BTC and swapping it for shitcoins.
@cryptofunn1@benjamincowen Prices right now are only relevant if you're selling. If you see your alts with high BTC pairs, selling right now is the benefit. Ben is saying it's unlikely they'll increase in their pairs from here. He's probably right.
Just makes you think though man - if it was this easy for someone to wipe the funds from both exchanges that were supposed to be separate entities simultaneously, what was to stop that person from doing the same thing at some other point down the road?
@saylor Wasn't the whole point of BTC to make random young people rich that buy during FOMO bull markets? I think it's the first paragraph of Satoshi's white paper.