$Ethereum (ETH.CC)$
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People don't like the truth because some times it hurts. I tell the truth so some times people don't like me 🤪🤪
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Dylanlowky : Actually how does it impact ETH?
Tonyco Dylanlowky: Everything is tethered to BTC. Overlay BTC with almost any crypto you will see a mirror
Dylanlowky Tonyco: Indeed, all other crypto prices move so synchronously with BTC, but they all have different functions according to their white papers, can’t draw direct linkage
Tonyco Dylanlowky: I don't think you understand... they are tethered if BTC went to 9 dollars ETH would be 1. If BTC goes to 100k ETH will be 30k. So if you are buying ethereum, you want to know if BTC up or down. There are maybe 3 or 4 that don't follow BTC movements. ETH is not one of them. What they are for doesn't matter. It's on BTC's chain.
Tonyco : Maybe it would better illustrate this way... BTC is the rail on the railroad. If the Train is a bank or a passenger car it only can go one way.