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re: Official CryptoTalk Thread

Posted on 6/9/21 at 9:56 am to
Posted by Tiguar
Montana
Member since Mar 2012
33131 posts
Posted on 6/9/21 at 9:56 am to
The “read between the lines” you’re missing is these countries are going to need a shite ton of Eth for defi platforms.

Adoption of btc means adoption of eth.
Posted by rocket31
Member since Jan 2008
41819 posts
Posted on 6/9/21 at 9:58 am to
yup. if bitcoin wins, ethereum/defi will win too

nothing is going to replace bitcoin though, thats just moon boy talk
Posted by maclauer
Member since Nov 2011
4765 posts
Posted on 6/9/21 at 10:01 am to
It will be interesting to see the US/IMF response to this. With Trump’s reserve currency fight comments and now this movement in Latin America, very bullish long term. Very. This + ETF was always the adoption dream.

Near to intermediate term chart still broken. Tons of overhead supply. Tons of non-believers praying for a chance to sell at breakeven. It will take a while. And that’s fine. More accumulation opportunity.

Oops we’re out of fries, gonna have to log off now
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