BTW now somebody is thinking to do Microstrategy strat of BTC accumulation but for ETH. I kinda think its a bad idea but at the same time super long term could be smart...
Those are not new ideas, and they are likely retarded to believe that ETH is sufficiently similar to BTC in order to justify their seemingly dumb ass accumulation of it... but hey guys can do whatever they like in terms of investing in shitcoins (ETH or any other shitcoin or using leverage to buy ETH) and see how such seemingly retardedness goes for them and/or anyone involved in such shitcoin..
Yeah, a coin with unlimited supply immediately makes me think its stupid to accumulate, but I guess if the intent is also to develop it for apps and utility (which they have no intent) would have made it slightly less dumb.
Pathetic price while BTC is near ATH makes them think they're getting such a good deal.