Discussions from the Metaverse

@CryptoGeezer if BTC doesn't fall below 30K, MM won't be lower than 10-9$.

If BTC will go to zero, MM will go as well - as simply as that

@CryptoGeezer We will be lucky to see 7.

@RomanistHere million can’t go to zero. It’s pegged to a one dollar floor.

@RomanistHere

No, BTC can go to zero or minus 1 billion in price and MM will not go to zero.
MM might go to close to $1, but probably not. $3 would be the lowest imo.

@Wiwy I think that we have so many diamond holders that under 9-10 is immposible

@Wiwy Wow, do you think we will see $3 or is that the lowest you think it could ever be?

@CryptoGeezer

I think that is the lowest we could go IF Bitcoin drops to zero. If Bitcoin dont drop to zero i dont think we will see prices below $7-$8 except for quick wicks from large sells.

@Wiwy $9 looks like the bottom!

@Wiwy well it’s at 9 on quickswap. So almost to your price target lols

@OGweb3 Dude https://www.youtube.com/watch?v=0SL2PzzOiF8

@OGweb3 I think it hit the ground just before impact.

@DarthVader Never gets old. I love times like this!!!!

@turpija of course right now there is no difference at all. You can track it - just open the charts. The only things that won't alter each other is when one coin or another has some events.

For example Cardano was rising this week because they announced marketplace or something. Dogecoin can jump when someone famous post it in twitter.

Ethereum is the most chart-please-don't-look-like-bitcoin coin, and anyway it follows the lead most of the time. Only news about Proof of stake and 2.0 sometimes make it rise even if everything else fails.

Dunno how didn't you notice it.

@turpija the only difference is how big the rise. For example on 5% of bitcoin there can be 10% of ETH, but it doesn't make it different, though some people still hope to buy something and that it have the price of BTC in 2 years.

@turpija Sadly it has everything to do with triangular arbitrage (google it if you are not aware), it's simple maths, but it's recking the crypto space!

The only solution would be to have every crypto trade against a stable coin only, and remove as much liquidity out of cross-pairs as possible (BTC/ETH for example).

@turpija how is it possible? Crypto is led by Btc. Traders sell when Btc drops and buy when Btc rises. Also, the vast majority of crypto are paired to Btc and eth.

@endangerednfts Done!

@dolphin the wizard has spoken

@Neverest you are a truly creator, keep building

@dolphin Hero

@CryptoBackstage I watched it at my usual 3x speed (plugin on chrome), it's brilliant.

I hope TL can find a way to leverage this community, I am not saying it's going to be easy - we are a bunch of degenerates - but if he succeeds then he will weald a powerful army indeed!

@MM-Matt It's holding up so well, even more so against alts! Great post mate

@chichoo_nomoney lol ok, please think twice about it

@Eddy i found a way eheh