Quote:
Originally Posted by Tron_fdc
Eth is on a run. I'm pretty heavily invested in it so go man go!!!!
Looks like there is buy in on the mine side for their new software which seems to be driving BTC price here as well.
http://www.businessinsider.com/bitco...oftware-2017-7
I'm not entirely sure how eth and btc prices are related other than they are "scary digital currencies" so if BTC drops the others follow suit? That's about the only correlation I've been able to find. Anyone want to weigh in on that?
Still, there is an August 1 "fork" that could cause a crash, so you can either gamble now that the new software will work and buy in at a low, or you can gamble it will crash and wait until after Aug 1 to pick the bones of people like me. |
For most people they have to buy BTC in order to convert to ETH (same with most other alt currencies) so they trade fairly close to one another.
Definitely a run up today but mostly because of the steep drops of the 72 hours before that.