if and when it does dethrone bitcoin, that could mean one of many things. Those who have held onto ripple will then sell off to repurchase eth/btc, or people will realize that the banks have won and that the market cap doesn't really mean anything if a premined coin was able to reach $250B
It's like watching musical chairs the way people hop from coin to coin. At least there is less correlation between Bitcoin and the alts now. Before, when Bitcoin fell everything fell. That's no longer the case.
if and when it does dethrone bitcoin, that could mean one of many things. Those who have held onto ripple will then sell off to repurchase eth/btc, or people will realize that the banks have won and that the market cap doesn't really mean anything if a premined coin was able to reach $250B
It's like watching musical chairs the way people hop from coin to coin. At least there is less correlation between Bitcoin and the alts now. Before, when Bitcoin fell everything fell. That's no longer the case.