Bitcoins - about to hit $5,000 per coin today!

[SouJerz]

That chart goes back to 2017. 2025 - 9 = 2016.

Ethereum launched in 2015, and is up around 2100x since launch. BTC is up around 350x since the time ETH launched. ETH thus outperformed BTC by 6x in that time period.

Also note that ETH's current market cap is 2x BTC's 2020 market cap 5 years ago. But ETH is 6 years younger than BTC. BTC had a head start. What will ETH's market cap be in 2030?

Your mental trickery makes me think you may have a vagina?

[obsidian]

Your mental trickery makes me think you may have a vagina?

What trickery? Go look at the charts.

[obsidian]

Proof-of-Fire - lmao!

[obsidian]

 

[SouJerz]

$SBET ? Ethereum play?

[Mayday]

That chart goes back to 2017. 2025 - 9 = 2016.

Ethereum launched in 2015, and is up around 2100x since launch. BTC is up around 350x since the time ETH launched. ETH thus outperformed BTC by 6x in that time period.

Also note that ETH's current market cap is 2x BTC's 2020 market cap 5 years ago. But ETH is 6 years younger than BTC. BTC had a head start. What will ETH's market cap be in 2030?

Oh snap!

Happier now? Back to 2016.

[obsidian]

Oh snap!

Happier now? Back to 2016.

You said ETH / BTC roundtripped 9 years on March 13 2025.

Unfortunately Yahoo's Historical Data does not go that far back. I did get these averaged values for March 2016 and March 2025. It did not roundtrip. ETH was still up more than BTC from March 2016 to March 2025, 9 years later. And that's after ETH's horrible performance due to the Bybit hack and overall ETH FUD.

ETH MARCH 2016: $6.34
ETH MARCH 2025: $1823.48

1823.48 / 6.34 = 287.61X

https://www.digrin.com/stocks/detail/ETH-USD/price

BTC MARCH 2016: $416.73
BTC MARCH 2025: $82,548.91

82,548.91 / 416.73 = 198.08X

https://www.digrin.com/stocks/detail/BTC-USD/price

[obsidian]

Bitcoin’s hashrate chart looks like a heart monitor during a heart attack.
Take a look at the latest monthly snapshot — it’s swinging wildly, fluctuating by up to 30% or more within days. And this isn’t a one-off; the volatility has persisted all year. That’s significant because Bitcoin’s hashrate directly reflects its economic security.

Meanwhile, Ethereum tells a different story.
ETH’s staked supply is calm, consistent, and steadily growing.
Check out the latest monthly snapshot — it’s a picture of stability. That’s what long-term economic security is supposed to look like.

[Mayday]

You said ETH / BTC roundtripped 9 years on March 13 2025.

Unfortunately Yahoo's Historical Data does not go that far back. I did get these averaged values for March 2016 and March 2025. It did not roundtrip. ETH was still up more than BTC from March 2016 to March 2025, 9 years later. And that's after ETH's horrible performance due to the Bybit hack and overall ETH FUD.

ETH MARCH 2016: $6.34
ETH MARCH 2025: $1823.48

1823.48 / 6.34 = 287.61X

https://www.digrin.com/stocks/detail/ETH-USD/price

BTC MARCH 2016: $416.73
BTC MARCH 2025: $82,548.91

82,548.91 / 416.73 = 198.08X

https://www.digrin.com/stocks/detail/BTC-USD/price

So you’re saying the eTHBTC chart i just posted is wrong aswell

Ifs ok to say it’s shit. We are all billionaire’s just talking here. One day it won’t be shit but the timing for that isn’t friendly unfortunately.

[Griffith]

JPMorgan moves further into crypto with stablecoin-like token JPMD

The U.S. banking giant told CNBC on Tuesday that it’s planning to launch a so-called deposit token on Coinbase’s public blockchain Base, which is built on top of the Ethereum
network. Each deposit token is meant to serve as a digital representation of a commercial bank deposit.

https://www.cnbc.com/2025/06/17/jpmorgan-stablecoin-jpmd.html#:~:text=The%20U.S.%20banking%20giant%20told,of%20a%20commercial%20bank%20deposit.

[obsidian]

So you’re saying the eTHBTC chart i just posted is wrong aswell

Ifs ok to say it’s shit. We are all billionaire’s just talking here. One day it won’t be shit but the timing for that isn’t friendly unfortunately.

Your chart is just a graphic. I posted the numbers for March 2016 and March 2025. Just being technical about your 9-year roundtrip claim. Yes, ETH / BTC has roundtripped the past few years. Time will tell if this trend will reverse meaningfully.

[obsidian]

JPMorgan moves further into crypto with stablecoin-like token JPMD

The U.S. banking giant told CNBC on Tuesday that it’s planning to launch a so-called deposit token on Coinbase’s public blockchain Base, which is built on top of the Ethereum
network. Each deposit token is meant to serve as a digital representation of a commercial bank deposit.

https://www.cnbc.com/2025/06/17/jpmorgan-stablecoin-jpmd.html#:~:text=The%20U.S.%20banking%20giant%20told,of%20a%20commercial%20bank%20deposit.

The one missing piece is Ethereum not being mentioned or promoted enough. They recently had a Bitcoin conference and "Stablecoins" were discussed more than Bitcoin - lmao! But Ethereum is never mentioned when people on the news talk about stablecoins. Even though the majority are on Ethereum and you literally can't have stablecoins on Bitcoin.

https://x.com/sassal0x/status/1935102653526417770

This whole "Coinbase doesn't have to talk about Ethereum thing" is just dumb. Of course, they don't *have* to talk about anything, but the incentives are already there for them to do so.

Coinbase is very incentivized to talk about Ethereum and see Ethereum/ETH do well - they own 137,000 ETH, are the third largest ETH staking service, are building their entire onchain business on Base (which settles on Ethereum) and have many investments in Ethereum-related companies.

It's not about "alignment" - it's about Coinbase (and other entities) being vocally bullish on the thing that they have invested a lot of time and money into.

[obsidian]

[SouJerz]

Bitcoin’s hashrate chart looks like a heart monitor during a heart attack.
Take a look at the latest monthly snapshot — it’s swinging wildly, fluctuating by up to 30% or more within days. And this isn’t a one-off; the volatility has persisted all year. That’s significant because Bitcoin’s hashrate directly reflects its economic security.

Meanwhile, Ethereum tells a different story.
ETH’s staked supply is calm, consistent, and steadily growing.
Check out the latest monthly snapshot — it’s a picture of stability. That’s what long-term economic security is supposed to look like.

When are they going to allow staking in NJ? 

[Griffith]

[obsidian]

When are they going to allow staking in NJ?

Not sure, but who cares? ETH staking just reached a new record high of 35M. Bitcoin mining has also been banned from time to time in different regions of the world. Blockchain is global, so a little state banning ETH staking means little. And they can't physically prevent someone from staking ETH in New Jersey. But the staker would have to keep quiet about it.

https://cointelegraph.com/news/ethereum-staked-supply-hits-record

[obsidian]

Ethical & Conflict-of-Interest Rules
Members of Congress and senior exec‑branch officials cannot issue a stablecoin while in office

However, the President and VP are exempt, creating a gap particularly given Trump family ties to World Liberty Financial/“USD1”

^^^^ This part is so suspect - lol! Wonder how Trump managed to get them to sign off on that - lmao!

https://chatgpt.com/share/68521a9b-02e8-8011-a8f5-75a8811758e7

[Phantom Spunker]

Finally. Time to buy the dip.

[affeman]

Finally. Time to buy the dip.

Once again....

[gib]

Once again....

So you have finally learned your lesson? With an asset that rises infinitely over time, YOU ALWAYS BUY THE DIP!

I was lucky to get more at 102.5. My next buy at 99.5 didn't hit. Every single one of my buys accumulates more BTC. And the USD has depreciated to every single Sat I have ever bought. Right down to the last Satoshi.

See you all at 125K.

[Mayday]

See you all at 125K.

🤝

[Flexacon]

See you all at 125K.

138k to 145k for the next leg up (I'll go with 140K)

[SouJerz]

KEEP STACKING SATOSHIS!!!

[Griffith]

Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum

Fundstrat’s Tom Lee is joining a little known bitcoin miner aiming to become the biggest publicly traded holder of ether.

Lee, a high-profile market strategist known for his prescient bitcoin price forecasts and stock predictions, has been appointed chairman of the board of directors of BitMine Immersion Technologies, effective Monday.

The company also announced a $250 million private placement to implement a buying strategy around ether, which it aims to make its primary treasury reserve asset while continuing with its core bitcoin mining business.

Lee’s appointment comes amid a groundswell of interest around stablecoins following the successful IPO of stablecoin issuer Circle at the beginning of the month and positive momentum pushing potential stablecoin legislation through Congress.

“Stablecoins have proven to be the ‘ChatGPT’ of crypto, leading to rapid adoption by consumers, merchants and financial services providers,” Lee said in a statement. “Ethereum is the blockchain where the majority of stablecoin payments are transacted … and thus, ETH should benefit from this growth.”

https://www.cnbc.com/2025/06/30/wall-street-strategist-tom-lee-is-aiming-to-create-the-microstrategy-of-ethereum.html

"Ethereum is also the architecture that future banks will have. When Goldman issues a stablecoin and JPMorgan doing it on Ethereum as Layer 1 blockchain they're going to want to secure it by staking Ethereum so, we're trying to get in front of that by creating an Ethereum treasury vehicle."

https://x.com/i/status/1939686608254460283

[gib]

Wall Street strategist Tom Lee is aiming to create the MicroStrategy of Ethereum

lol