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re: Official CryptoTalk Thread
Posted on 7/23/24 at 9:03 am to BottomlandBrew
Posted on 7/23/24 at 9:03 am to BottomlandBrew
Does Fidelity have an ETH ticker?
3
Posted on 7/23/24 at 9:27 am to TigerTatorTots
volume up big time. About 50% of what bitcoin did on day one.
gotta call this a successful launch
gotta call this a successful launch
Posted on 7/23/24 at 9:38 am to I Love Bama
quote:
volume up big time. About 50% of what bitcoin did on day one.
Note that this has been clarified that it's 50% of what bitcoin did in the first 15 minutes of the first day. A very positive sign, but we're just on the first lap of the race. I'm very curious where we end up at the end of the day.
Loading Twitter/X Embed...
If tweet fails to load, click here.Posted on 7/23/24 at 9:39 am to TigerTatorTots
FETH
Posted on 7/23/24 at 9:58 am to BottomlandBrew
Ah thanks for the clarification. Yeah maybe too early to say
Posted on 7/23/24 at 10:48 am to BottomlandBrew
Wait so the volume is huge? I heard this morning from Pomp and Novagrad and Pomp wasn't really too excited a said is wasn't going to come close to BTC and Novagrad was a little more excited about it but they moved on from ETH to BTC really quickly.
Posted on 7/23/24 at 11:56 am to Pierre
quote:No one ever expected this to come close to BTC. It is exceeding expectations in early volume though
Pomp wasn't really too excited a said is wasn't going to come close to BTC
Posted on 7/23/24 at 12:43 pm to TigerTatorTots
Posted on 7/23/24 at 2:57 pm to BottomlandBrew
What are yalls takes on memecoins this cycle? I’ve been doing some research on reddit and Kendu seems to be a possible next Shib. Just want to get some other opinions. Here is a really informative post.
Reddit Post
Reddit Post
Posted on 7/23/24 at 3:54 pm to HottyToddy7
quote:
next Shib
I've heard this so many times
Posted on 7/23/24 at 4:30 pm to HottyToddy7
Gamble if you want to gamble.
Posted on 7/23/24 at 6:29 pm to I Love Bama
Why all the downvotes?
Posted on 7/24/24 at 8:38 am to HottyToddy7
We still have a little over 5 Billion dollars worth of Mt. Gox bitcoin that is getting moved around this week.
All the distributions and selling pressure should be done by the end of next week.
It's crazy we are sitting at $67,000 after this month.
There will be nothing in the way after the Mt. Gox selling pressure is over.
All the distributions and selling pressure should be done by the end of next week.
It's crazy we are sitting at $67,000 after this month.
There will be nothing in the way after the Mt. Gox selling pressure is over.
Posted on 7/24/24 at 9:15 am to HottyToddy7
quote:
What are yalls takes on memecoins this cycle? I’ve been doing some research on reddit and Kendu seems to be a possible next Shib. Just want to get some other opinions. Here is a really informative post
The chart looks good. It bounced right off the .786 fib.
I'd never buy this right now though. It's way too heavy for me. Way too many other memes with greater upside.
Good luck.
Posted on 7/24/24 at 2:25 pm to TigerTatorTots
can you explain FETH and ETHE like im retarded?
is this essentially like buying a crypto fund for ETH only?
is this essentially like buying a crypto fund for ETH only?
Posted on 7/25/24 at 2:16 pm to donRANDOMnumbers
can you explain FETH and ETHE like im retarded?
is this essentially like buying a crypto fund for ETH only?
It's like buying eth except you don't actually own it. Fidelity does. And you can't stake it so you earn 0% instead of 4 or 5 or whatever staked eth pays these days.
is this essentially like buying a crypto fund for ETH only?
It's like buying eth except you don't actually own it. Fidelity does. And you can't stake it so you earn 0% instead of 4 or 5 or whatever staked eth pays these days.
Posted on 7/25/24 at 3:05 pm to Art Blakey
So the ETH ETF looks like a huge failure. Seems positive for BTC dominance.
Posted on 7/25/24 at 4:10 pm to beaverfever
How you figure? Volumes were pretty high, I thought.
Posted on 7/25/24 at 4:24 pm to beaverfever
Don't be like the anti-btc people that were celebrating a few days after the BTC ETF launched and price went down.
ETH ETFs have had 15-20% of the inflows compared to BTC, and nearly 400% more Grayscale outflows. 20% inflows is about where most experts predicted. Just like with BTC, the ETH ETF is a long game. Lessen the Grayscale outflows and things get better.
ETH ETFs have had 15-20% of the inflows compared to BTC, and nearly 400% more Grayscale outflows. 20% inflows is about where most experts predicted. Just like with BTC, the ETH ETF is a long game. Lessen the Grayscale outflows and things get better.
Posted on 7/25/24 at 4:49 pm to BottomlandBrew
I have a position in ETH so not rooting against it. The price action is just dramatic. Also, I heard an interview with a guy on CNBC that and he acted like he didn’t want to say that it was going poorly but he was thinking it. He was asked whether he thought there would be interest in ETFs for Solana and other coins anytime soon and he said no before the question was even finished being asked.
This post was edited on 7/25/24 at 4:54 pm
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