BITCOIN Discussion..........

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rabiddog

rabiddog

Joined
Dec 5, 2021
Messages
60
You run nodes for anything? Flipping BTC wouldn't be that surprising. You probably do the same as I do with the ICOs and IDOs in checking vesting schedules. Whenever there's a cliff, there's always a dump. Huge profit isn't there with ETH so that probably won't happen.
No nodes. Eth has so many ways to earn yield on it besides just staking. BTC is just hold and store away coin right now. I use token unlocks to see what's going on with different coins.
 

JDS

JDS

Joined
Dec 11, 2021
Messages
37,364
People laughed at me and said I was crazy years ago. When I had it , nobody that I knew personally or associated with knew what it was. $4-24 range. I am glad I have nothing to do with it. No interest.
Genius move Flyer wish I had the wherewithal to buy & hold back then. I’m sure it will end up being the smartest financial decision that you will ever make in your life.
 

Ace7550

Ace7550

Joined
Oct 19, 2021
Messages
1,791
The only time it's bad to buy bitcoin is when it just went up 1000% over the last year. It's bad to buy anything that just recently skyrocketed that much.
But right now is a pretty good time to get in if you were thinking of buying.
 
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rabiddog

rabiddog

Joined
Dec 5, 2021
Messages
60
Since move to prove of stake in September there are 16,000 less Eth available. Actually in the last 40 days it's dropped about 20,000 ETH since the network has been used more. This staking US ban, really only affects people that want to stake on exchanges. You can still stake it yourself through Lido, Rocketpool Etc. Or if you have 32 Eth you can be your own validator. Once the next bull kicks in there will be lots more Eth burned. I do believe the Eth network one day will replace a decent amount of the current internet. My minimum price target for the next bull run around 2 years from now is $10,000. I'm thinking there's a chance for a $20,000-$25,000 ETH.
ETH is true hard money.
In the last two weeks another 21,000 plus ETH have been burned. Now since September almost 38,000 less ETH on the market. This is a deflationary asset that will rip next bull cycle. It's been just a little over 5 months since proof of stake, the 5 months before proof of stake there was 1.7 million ETH created.

 

raiders72001

raiders72001

Joined
Jan 28, 2023
Messages
189
In the last two weeks another 21,000 plus ETH have been burned. Now since September almost 38,000 less ETH on the market. This is a deflationary asset that will rip next bull cycle. It's been just a little over 5 months since proof of stake, the 5 months before proof of stake there was 1.7 million ETH created.

As I stated before, ETH is my favorite coin but there's a lot of bad news. SEC want's to call ETH a security and also go after liquid staking. We need a decision on the Ripple case and stated rules on all cryptos so that the exchanges, long term holders and traders know how to handle everything. SEC wants to punish people with made up retroactive rules.
 
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