RE: Bitcoin Price Climb, SegWit Lock-In, Enterprise Ethereum New Members - 021
Thanks for this video @moderninvestor. I think it is really interesting to kind of sit back and see how pure emotion is dictating the price of the alt coins and bitcoin at the moment. I think it is a valid scenario that we would see a dip in BTH when it starts trading due to people selling it off straight away for a pure profit after getting it for free. But I wouldn't be surprised if it would come back to the price of the futures pretty quickly, as you mentioned the technology behind the coin is kind of solving why we're here in the first place... What I think a lot of the people selling their alt coins for bitcoin (this is why bitcoin is going up whilst the rest is going down imo - never seen that before) might not get is that if this is the case, it is likely that bitcoin will slide. So that's a long way of saying - there must be some sort of optimum but it's a tricky game as you could lose more on your BTC than you would gain on your BTH!