RamenCoffee on Nostr: one thing you're missing in your analysis is that 98% of the forked supply is getting ...
one thing you're missing in your analysis is that 98% of the forked supply is getting dumped for more corn.
you haven't given a good rationale as to why they would win a price war.
also, say they do everything you say they do, we're still here, richer. it would be like they had never launched an etf.... so yeah bitcoin wouldn't disappear.
Also, if this would fly, this would create a massive opening for shitcoins to have their own etfs. so the SEC mught frown upon the practice : imagine I want to launch an eth ETF. i launch a Bitcoin one instead, and then fork to be compatible with ETH.
not saying you're wrong, but you need to adress those points.
you haven't given a good rationale as to why they would win a price war.
also, say they do everything you say they do, we're still here, richer. it would be like they had never launched an etf.... so yeah bitcoin wouldn't disappear.
Also, if this would fly, this would create a massive opening for shitcoins to have their own etfs. so the SEC mught frown upon the practice : imagine I want to launch an eth ETF. i launch a Bitcoin one instead, and then fork to be compatible with ETH.
not saying you're wrong, but you need to adress those points.