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I’d be curious how much of present demand is people dumping shitcoins for BTC (most coins are denominated in BTC), so that then they can eventually sell for fia
by yasp 8y ago
I’d be curious how much of present demand is people dumping shitcoins for BTC (most coins are denominated in BTC), so that then they can eventually sell for fiat.
The mempool is starting to spike as people rush for the exits https://jochen-hoenicke.de/queue/ https://jochen-hoenicke.de/queue/
- PXD3D 8y agoThe mempool also spikes in high vol environments because of all the arb opportunities and systematic trading involved