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Yeah I know I said 4k, but anything over 3k will be tempting… I’m sick of holding this bag 😂
3k sounds real good right now.
Yeah I know I said 4k, but anything over 3k will be tempting… I’m sick of holding this bag 😂
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Although volatile (but growing in adoption) BTC and crypto being accepted as collateral for mortgages is a sign of where the industry is heading. Great to see the current administration sees where financial markets are heading and are adopting this new emerging asset
So is IBIT considered for mortagage purposes currently? So basically this is saying you have to move your coins to coinbase or something similar to have it considered....
IMO this is the beginning. I think in a decade or less, we won’t need a coinbase or bank to custody your coins. I can see it where if you’re a mobile person you’ll be able to get a smart contract with your mortgage or any loan and your BTC or crypto is put it up as collateral, where if you default on the loan or the LTV falls below a certain level, you get liquidated and coins move to the lenders wallet. Once the terms of the loans are met, your coins are returned to your wallet address.
I think this is the beginning of the fianacial and capital markets overhaul, and we’re ushering a digital economy with the base layer of money is BTC.
nasdaq/s and p 500 at ATH and we have sky high interests. What is going to happen when they cut rates this year or replace powell and do it next year inevitably. I'll tell you the trillions in MM will flood into markets/risk assets. Of course you know all this lol.
There is a shot S and P could be close to 7k if we see rates come down to 1-2% over the next 12 mo. I will admit as sandbagged about btc as i am if that were to happen we would be nearing 200k. Im not even considering more states buying btc like texas is about to and mstr coming to the S and P 500 in q3/q4 and billions of index funds pouring money into saylors perpetual bid buying mechanism.
Tether is not the largest holder of treasuries in the world. Not even close with
The link you included suggested that the dollar was a vampire and responsible(?) for devaluing foreign currencies, specifically the Venezualan Bolivar and Brazilian Real. Really? We can't think of any other reasons why people would lose confidence in Brazilian or Venezualan currency??? Political instability doesn't lead to high currency valuations.
Once this evil Genius Big Beautiful Bill or whatever is called is passed, I believe Stablecoins as an sector will be the largest (bag) holders of Treasuries. That is where the money printing will go and keep this Ponzi going longer. We’re back to risk on and number go up![]()
Hope so. Valuations are so high who knows, could be a sell the news event, but my bet is on continued run for now.Buckle up. Passed the house and possibly signed tmrw. This along with interest cuts should be a catalyst for everything.
Gas is basically being poured all over the equity/risk assets. The first interest cut will be dropping a lit match on it.
Hope so. Valuations are so high who knows, could be a sell the news event, but my bet is on continued run for now.
He turned the knob up on price![]()
The recent passing of the “big beautiful bill”, fed interest rate cuts are imminent… the money printer will be brrrrr-ing soon.I know we hit a new ATH today but just by few hundred but im not sure what exactlly the excitement is overall. We have been range bound in the 105-110 since end of may?
What am i missing that doesn't have me super excited right now?
I’ve been hearing a lot of bullish ETH news lately… but it hasn’t impacted price much (yet). Also don’t know how much of the news is legit vs. hype.How are we feeling about ETH? I'm almost green again, looking to get out of this crappy coin.
How are we feeling about ETH? I'm almost green again, looking to get out of this crappy coin.
If ETH breaks 3k today… I’m out!!
Last time ill say this. Imo ur a fool if u sell now after all the pain u endured. Eth will be over 4k by end of july or first rate cut. Wish u the best.$15 away man
Last time ill say this. Imo ur a fool if u sell now after all the pain u endured. Eth will be over 4k by end of july or first rate cut. Wish u the best.
This is the hopium I need LoL
You should probably re-evaluate whether or not you should be holding high volatility assets, tbh. You've been stressing about the price of ETH for a couple of years now.
My plan is to sell all my coins sometime this year and then DCA into FBTC. I hate self custody.
Y’all can thank me for this recent boost. I sold 4 eth at 2600 2 days ago thinking I could rebuy at 2400.
What's the current advice for buying Bitcoin?
Continue to DCA?
I'm late to the party with only a small amount in Bitcoin, basically $20k invested over the last few years.
I would only purchase direct and hold my coins and don't want to do any of the funds.
What's the current advice for buying Bitcoin?
Continue to DCA?
I'm late to the party with only a small amount in Bitcoin, basically $20k invested over the last few years.
I would only purchase direct and hold my coins and don't want to do any of the funds.
You could buy alts instead right now for a higher multiple. Eth, sol, sui etc. or if you’re willing to take higher risk and don’t mind the volatility there are always the newly listed memes on Coinbase and Robinhood now like Popcat, Pepe, bonk or WIF
But if they are in the states that short term capital gain tax will hurt (40-45%) since buyig now you will need to sell probably under 1 year unless they are in a tax free zone ?
What's the current advice for buying Bitcoin?
Continue to DCA?
I'm late to the party with only a small amount in Bitcoin, basically $20k invested over the last few years.
I would only purchase direct and hold my coins and don't want to do any of the funds.
I bought ETH at the current price 4 years ago cause everyone said it would go to 10k by end of year, it was the future of finance, if BTC were a calculator then ETH was an iPhone, etc. It has gone nowhere in that time while BTC quadrupled. Look at the top ten coins 4 years ago and compare them to now, they are always changing. LUNA was a top ten coin and it went to zero. People thought SOL was going to zero and now it's favored over ETH. DOT used to be in the top ten and now it's crap.
If you want to chill then I suggest DCA into BTC for a few years. Once you build a good BTC base then gamble on alts. My 2 cents.
Narrative follows price. ETH’s gotten much, much stronger on a fundamental basis over the past few years. That being said, if you’re only chasing short-/mid-term gains, alts are the way to go in a bull market.
I’m the biggest ETH bull on this forum, so I am a bit biased… but I’m guessing ETH will melt faces off in the next five years. Please re-post this if I become the next Evergrow guy (“Hey, whatever happened to that ETH guy?”). RIP.
Hey whatever happened to this ETH guy?😉
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Ex-Ark analyst James Wang breaks down his bull case for Ethereum as its token breaches an all-time high of $3,300 — and explains why it could eventually reach $40,000
James Wang, a former Ark analyst, shares why he's bullish on ether and the Ethereum network and a valuation framework where the token surges to $40K.www.businessinsider.com
Then there is this voyager shill. He was VERY active on a FB physician crypto group.
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FTC Reaches Settlement with Crypto Company Voyager Digital; Charges Former Executive with Falsely Claiming Consumers’ Deposits Were Insured by FDIC
The Federal Trade Commission announced a settlement with bankrupt crypto company Voyager that will permanently ban it from handling consumers’ assets and is filing suit against its former CEO, Stepwww.ftc.gov
Would it be crazy of me to think ETH will hit 40k on a long enough time frame? Maybe. We’ll revisit this in the future.
With every bull market comes the fraudsters and the shillers. Terra/Luna, FTX/SBF, Celsius, BlockFi, etc. Eventually, it will be SOL (VC trash), MSTR (over-leveraged), and probably Tether (shady obfuscation) on a long enough time frame. Many more crashes to come, unfortunately.
Sounds crazy to me. If ETH goes up 40x from here then how much will BTC be, 1.5 million?
Sounds crazy to me. If ETH goes up 40x from here then how much will BTC be, 1.5 million?
He didn’t say eth going up 40x he said it’s goign to 40k. That’s 13x
Hit 120k for a split second on CB
Hit 120k for a split second on CB
We really want it to consolidate in this 115-125 range for a bit like 1 mo then slow move up. Too much too quickly and the cycle is over. Slow grind means higher by q4.
All this with highest interest rates. What happens when they start cutting in q4?
Some people believe it, if not most Bitcoiners. I'm not sure what the BTC price will be, but I think the ETH/BTC ratio will improve as ETH proves its utility across different applications, which means a lower BTC price comparatively. Obviously, I think ETH is severely mispriced/undervalued, but who knows? I've been in profit for a long time, out of profit occasionally, but as most of us do, I'm betting number goes up as time goes on.
Completely guessing, but I think ETH/BTC will be 0.025 -> 0.08 (at least). At 40k ETH (hopium), one BTC would be $500,000. Doesn't seem that far-fetched to me, but I'm heavily biased. Before I get dunked on by the SDN lifers, I do everything else traditionally (max out 401k, several months liquid savings, zero high-interest debt, tax-advantaged accounts, 90/10 VTI/VXUS, etc.) and am otherwise of the Bogleheads mindset, except for this high-risk/high-reward allocation which has grown quite a bit. I'm still young-ish with a decent salary so can afford the risk to shave off my full-time working years down the road.