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BottleTeams 1y ago

#Bitcoin is controlled by ETH

But nobody wants to talk about that.

BTC-ETH spread suppresses the #Bitcoin price

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OceanSlim 1y ago

Influence is not control

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BottleTeams 1y ago

Buy ETH (with the unlimited dollars banks/fed have). Convert to bitcoin with spread (ETH-BTC spread) sell bitcoin. Rinse and repeat. Happens all day

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BottleTeams 1y ago

Seriously pull up the ETH-BTC spread on anything and watch them manipulate it. It's the most wild thing I have seen in markets.

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Financial Parasites 1y ago

Thanks to them. I get to buy cheap sats.

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Sourcenode 1y ago

There are only so many people willing to sell sats for ETH. That will run out just like it will for the dollar.

There's no control, it's just a waiting game.

If anything the BTC price predicts what all the shitcoins do.

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BottleTeams 1y ago

It's just a way to conveniently stop it from rallying. The last thing the establishment wants is this thing going over 100k. Then people start scratching their heads. It's all a perception game.