NunyaBidness on Nostr: The ETH/BTC ratio is the best way to look at the relationship between the two. Since ...
The ETH/BTC ratio is the best way to look at the relationship between the two.
Since June 2017 the opportunity cost of holding ETH has done nothing but rise. That's 7 years of loss against the value of bitcoin in purchasing power and for the last 15 weeks that ratio has been falling like a stone.
The two darker blue lines are the long-term downward trough while the light blue line is ETH tilting its nose down and aiming firmly for the ground.
We have warned and warned and warned. We've been laughed at, made fun of, and called "Maximalists". We were right in 2017, we are right now, and will be right going forward.
Published at
2024-11-16 07:48:37Event JSON
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"content": "The ETH/BTC ratio is the best way to look at the relationship between the two.\n\nSince June 2017 the opportunity cost of holding ETH has done nothing but rise. That's 7 years of loss against the value of bitcoin in purchasing power and for the last 15 weeks that ratio has been falling like a stone.\n\nThe two darker blue lines are the long-term downward trough while the light blue line is ETH tilting its nose down and aiming firmly for the ground.\n\nWe have warned and warned and warned. We've been laughed at, made fun of, and called \"Maximalists\". We were right in 2017, we are right now, and will be right going forward.\n\nhttps://m.primal.net/MXjE.png \nhttps://m.primal.net/MXjJ.png ",
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