Quote from: slaman29 on Today at 11:16:32 AM

Quote from: JayJuanGee on Today at 12:11:07 AM

Quote from: slaman29 on July 01, 2025, 11:03:27 AM

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.

Any kinds of thoughts about that smoke and mirror nonsense known as ethereum makes my head hurt.

Quote from: Just Common on Today at 11:56:59 AM

Public companies bought more bitcoin than ETFs did for the third quarter in a row.

Corporate treasuries have surpassed ETFs in bitcoin
buying for a third consecutive quarter as more companies try to benefit from the MicroStrategy playbook in a more crypto-friendly regulatory environment.

Public companies acquired about 131,000 coins in the second quarter, growing their bitcoin balance 18%, according to data provider Bitcoin Treasuries. ETFs showed an 8% increase or about 111,000 BTC in the same period.
https://www.cnbc.com/2025/07/01/public-companies-bought-more-bitcoin-than-etfs-did-for-the-third-quarter-in-a-row.html

Anyone dumb enough to give their money to public companies (or any companies) so that they can buy bitcoin rather than buying bitcoin themselves seems a bit distracted.

Surely once each of us have enough or more than enough bitcoin, then we have more options and/or luxuries, but it seems way better to be focusing on our own bitcoin accumulation rather than giving money to others so that they can accumulate bitcoin with our money.

Quote from: ultrloa on Today at 01:13:33 PM

Quote from: slaman29 on Today at 11:16:32 AM

Quote from: JayJuanGee on Today at 12:11:07 AM

Quote from: slaman29 on July 01, 2025, 11:03:27 AM

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.

Maybe they just see that it is second place on the market next to Bitcoin and the price is somehow cheap that's why this people got an idea to invest on it then hope that it move the same as Bitcoin then achieve many figures in future.

To bad for them to believe that way since if they just figure out that ETH has no fix supply cap for sure that they will get disappointed on it and think about that what they are looking for is almost impossible to happen. That's why its really better for them to stick on Bitcoin especially that this coin only have limited fix supply. If they fail on their ETH investment hopefully they won't point out that Bitcoin is also scam since there are crazy people doing this.

There is almost no way to figure out Etehreum's supply.. and I think even those closest to Ethereums money spiket cannot even figure it out (and would they tell others about it, even if they were to know?), which truly should cause a lot of concerns for anyone accumulating that smoke and mirrors crap.