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RE: Daily: Bitcoin Surges past 7000! Alt coin Bubble?

in #bitcoin • 7 years ago

The way I view it, is that Holders of other cryptocurrencies sell in order to Buy BTC because they perceived an expanding bubble coming, the as they see the bubble aproximating blow up time, the sell and buy again other coins.

7 years ago in #bitcoin by
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     7 years ago 

    Also known as the sloshing effect

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     7 years ago (edited)

    Thanks for this notion/idea/concept

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