Author

Topic: Marketcap indicator fallacy (Read 82 times)

legendary
Activity: 1610
Merit: 1183
February 18, 2018, 02:46:48 PM
#1
Now that we have a lot of new noobs thanks to the latest price peak, it's time to revisit the classics:

https://medium.com/bitcoinfoundation/the-bitcoin-dominance-indicator-fallacy-2b11093869d4

Whenever someone points out at how "bitcoin is lossing marketcap" while at the same time selling you some altcoin, chances are he is a scammer trying to FUD you with a flippening scenario and how you should buy his shilled coin which "will soon" flip Bitcoin". Most likely, these scammers are often compromised of fork pumpers (BCash etc) or Ethereum/Ripple scammers. Beware then.
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