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re: Official CryptoTalk Thread

Posted on 7/11/25 at 8:34 am to
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 7/11/25 at 8:34 am to
Alts are woefully underpriced relative to BTC.

Thats why you see ETH and ADA at +18 and +28% on the 7dcharts versus BTC at +8%

All this interplay has to flesh out and distribute along with some profit taking. I’m ecstatic if we close the week >115k and happy if we close it at least >113k
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 7/11/25 at 8:39 am to
Coinbase ranked at 175 on the App Store.

Retail isn’t here and they ain’t coming.
Posted by beaverfever
Arkansas
Member since Jan 2008
35558 posts
Posted on 7/11/25 at 10:02 am to
One of the young guys on my morning call said he was looking into “mining crypto”. Heating up a bit.
Posted by ReauxlTide222
St. Petersburg
Member since Nov 2010
89172 posts
Posted on 7/11/25 at 12:22 pm to
I know literally nothing about it, but I watch invest answers so I’m curious.

How is SOL not an obviously really good play this far off its all-time highs?
Posted by 98eagle
Member since Sep 2020
3147 posts
Posted on 7/11/25 at 12:39 pm to
quote:

Retail isn’t here and they ain’t coming.
Yeah, but look at all of the massive amount of retail driving up the inflow to the Bitcoin ETFs. It's a monster amount of retail participation that is counted as institutional participation because BlackRock, Fidelity et all are doing the purchasing on behalf of retail. The crypto exchange numbers aren't telling the true story for the retail/institutional breakdown.
Posted by Chuckiee
Member since Jan 2007
2604 posts
Posted on 7/11/25 at 12:42 pm to
Retail is 100% going to come back into crypto. It's foolish to say they aren't
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 7/11/25 at 2:35 pm to
There was a pretty good article about this and where I read.

“Retail” is here, they’re just buying ETFs. The question is will they dump to ape into alts.

If it’s the same folks that have ape’d in the past, they probably will at some point.
Posted by beaverfever
Arkansas
Member since Jan 2008
35558 posts
Posted on 7/11/25 at 3:24 pm to
Yeah Checkmate on Twitter said it was roughly a 70/30 retail/institutional split with the ETFs.

I think it’ll be 50/50 in no time but for now, it’s still mainly retail.

It’s pretty obvious when you see crypto trader type behavior in the ETF flows. Like in the stock market everyone buys the top. In crypto everyone gets nervous at ATHs and stops buying. You see that sometimes with the ETFs. BlackRock seems to just buy regardless. I’m assuming that’s where the heavy hitters reside.
This post was edited on 7/11/25 at 3:27 pm
Posted by beaverfever
Arkansas
Member since Jan 2008
35558 posts
Posted on 7/11/25 at 4:03 pm to
I’ve been going extra degen and loading up on precious metals a bit. I think they’re all going to go parabolic as we get into easing. Gold, silver, platinum, palladium etc.

This feels exactly like the 2000s when commodities were all ridiculously expensive. The DXY was below 85 then I think.
This post was edited on 7/11/25 at 4:08 pm
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 7/12/25 at 8:43 am to
Please post evidence that "retail is here".

Google searches on BTC are lower than they have been in 5 years.

LINK

Nobody is coming to pump your shite coin bags guys. Take the L. Buy Bitcoin and wait 5 years.
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 7/12/25 at 8:45 am to
quote:

I’ve been going extra degen and loading up on precious metals a bit. I think they’re all going to go parabolic as we get into easing. Gold, silver, platinum, palladium etc.



Not a bad plan TBH. I own a TON of phsyical silver but no gold (grandfather left it to me). I want to trade it out for physical gold and just leave in the safe forever.
Posted by TigerTatorTots
The Safeshore
Member since Jul 2009
82088 posts
Posted on 7/12/25 at 1:46 pm to
I have a stack of physical silver sitting in my safe from a decade ago. Will probably sell it all this week
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 7/12/25 at 1:51 pm to
Everyone in this thread owns bitcoin.

My alts are up 300% from when I bought and my bitcoin is up 400%.

I don’t know who hurt you, but you need to relax.
Posted by BottomlandBrew
Member since Aug 2010
29363 posts
Posted on 7/12/25 at 1:52 pm to
quote:

How is SOL not an obviously really good play this far off its all-time highs?


The same can be said for any of the top 3 or 4 major alts.

Posted by beaverfever
Arkansas
Member since Jan 2008
35558 posts
Posted on 7/12/25 at 2:15 pm to
quote:

Please post evidence that "retail is here".
Retail is an outdated term honestly. “Retail” can move massive markets. I think you’re really saying “where is the evidence of degen bitcoin trading. I don’t see a lot of that and that’s good. That means there isn’t much froth built into the price currently. The floor is rising.

I think the bitcoin derivatives complex is being built out and that’s a significant portion of the “institutional” buying we’ve seen. The large funds (public and private) have very little exposure to bitcoin. Again, this is a great thing, not a bad thing.

As far as alts, I’m a maxi so I’ve got little to offer there. I wouldn’t bet against some of them pumping hard in short windows of time. That’s mostly a zero sum liquidity trading game. I think at this point most altcoiners trade alts and hold value in BTC or USD. It feels like the distinction between bitcoin and everything else has been broadly accepted in the crypto zeitgeist.
This post was edited on 7/12/25 at 2:17 pm
Posted by I Love Bama
Alabama
Member since Nov 2007
38431 posts
Posted on 7/12/25 at 3:03 pm to
quote:

I don’t know who hurt you, but you need to relax.


I'm relaxed as I can be. Bitcoin has made me a multi multi millionaire. I live in a country where the cost of living is near zero.

Do you prefer to hear beautiful lies or painful truths? Bitcoin is the only one that is guaranteed to be here in 100 years. Everything else is a gamble.
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 7/12/25 at 5:45 pm to
also here is that article I was talking about

LINK

quote:

“It is certainly true that retail participation is also heavily expressed via ETPs/ETFs since these investment vehicles remain heavily retail-dominated. This is evident in the most recent 13F filings in the US which still indicate that the percentage of retail investors in US spot Bitcoin ETFs is close to 75%.”


quote:

So, if the end holder of a BTC ETF share is a retail client, it may be time to reconsider how onchain data is interpreted. This may be the new reality of the Bitcoin market: New retail demand prefers to keep its Bitcoin in a brokerage account and not a self-custodial wallet. While antithetical to Bitcoin’s original ethos, this approach appeals to many who nonetheless believe in its investment thesis.
Posted by 98eagle
Member since Sep 2020
3147 posts
Posted on 7/12/25 at 5:46 pm to
Have you retired yet?
Posted by Hateradedrink
Member since May 2023
4045 posts
Posted on 7/12/25 at 5:49 pm to
quote:

Do you prefer to hear beautiful lies or painful truths?


I prefer posters that don’t post in the crypto thread like sir winston in the Ukraine thread.
Posted by 98eagle
Member since Sep 2020
3147 posts
Posted on 7/12/25 at 6:34 pm to
I agree, the surge in ETFs surely is mostly retail. 75% retail sounds about what I would expect. Retail is not buying as much actual Bitcoin because most investors don't want to deal with it when they have the ease of investing in ETFs. At some point though, I do expect companies plus states and nation Bitcoin reserves to dominate ETF purchases. Bitcoin will probably be at $200K or more when that happens.
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