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

[obsidian]

Eric Trump LOVES Bitcoin!

i=9ypGfLAvIqZV6w2X

He thinks Bitcoin settles in a second — enough said. Eric Trump likes ETH? “Irrelevant.” Eric Trump likes BTC? “Huge news!” 🤡 Pick a lane.

[obsidian]

You’re describing Bitcoin, not ETH.

Bitcoin currently pays out about 450 BTC/day to miners, of which only ~3 BTC/day comes from fees — that’s 0.6% of miner rewards funded by actual network usage. The rest is newly issued Bitcoin — exactly the “dilution” you’re railing against.

https://studio.glassnode.com/charts/fees.VolumeSum?a=BTC&s=1751578780&u=1759354780&zoom=90

Ethereum, meanwhile, pays around 2,500 ETH/day in staking rewards, and about 300 ETH/day of that comes from fees — roughly 12%. That’s 18× more usage-based yield than Bitcoin.

https://studio.glassnode.com/charts/fees.VolumeSum?a=ETH&s=1751578780&u=1759354780&zoom=90

So if ETH’s staking rewards are a “con” because some come from issuance, then Bitcoin mining rewards are the exact same con, only with far less real economic activity behind them. You don’t get to call one dilution and the other sound money — unless the goal is just to mislead people.

“See you at 125” is cute — but you might want to check who’s actually funding network security before you gloat. Because by your own definition, Bitcoin’s the bigger scam.

On July 17th, over 1,200 ETH in staking rewards came purely from transaction fees — nearly half of the newly issued supply that day.

[Griffith]

You keep calling ETH’s yield “fake,” but it’s the same thing as Bitcoin’s block rewards — native issuance and fees paid to secure the network. If that’s a Ponzi, then Bitcoin is too. The only difference is that PoW rewards electricity, while PoS rewards capital — both require real cost and real risk.

And no, validators aren’t just “locking up coins.” They still need hardware, a stable internet connection, and must run validating software to propose and attest blocks. The stake backs that work with economic skin in the game, and slashing wipes out anyone who tries to cheat.

Calling this a “shitcoin yield” completely misses the point. The mechanism is built into the protocol and is what keeps the network secure. You don’t have to like ETH, but pretending it’s a scam while Bitcoin relies on the same fundamentals is flat-out dishonest.

Yes, the rewards provide an incentive for users to stake their ETH in order to secure the network, similar to the way BTC rewards miners as an incentive to secure its own network.

ETH burns tokens in transactions and actually has lower net issuance than BTC, resulting in lower inflation and is even deflationary at times.

As more transactions occur, more ETH gets burned, further reducing available supply. More stablecoins being used also means more ETH being burned.

[obsidian]

https://x.com/Louis_Tellier/status/1973692818452337125

🚨 Just in: After its blockchain pilot, @swiftcommunity has introduced a tokenization platform by deploying a tokenized bond on Sepolia, Ethereum’s testnet👇

The live demo took place during Sibos, the event organized by Swift in Frankfurt, Germany 🇩🇪 , running since Monday and concluding today.

The showcase involved the tokenization of a eurobond, just days after Clearstream and Euroclear announced they had developed a standard to digitize the eurobond market.

The tokenized asset was deployed on Sepolia, Ethereum’s testnet.

Transaction address: 0x9912AC4dfd70E220038D59 AdEC35f1D89E396E95

Even though the demo took place on a testnet, it is technically already fully possible on live blockchains.

🎯 How does the platform work?

→ It enables the definition of a common standard for any tokenized asset (e.g., eurobond, stablecoin, fund).

→ Each standard is linked to an implementation through modular smart contracts compatible with all EVM blockchains (L1, L2).

→ Once defined, the smart contracts can be deployed onchain. The platform then manages the full lifecycle of the asset (issuance, secondary trading, delivery-versus-payment settlement) in order to meet the required compliance levels.

→ Issuance is designed to be compatible with existing financial standards (ISO 20022, ICMA) as well as traditional infrastructures (custodians, dealers, ICSD).

🎯 Even more interesting…

→ Participants (banks, fintechs, Web3 developers) can contribute their own modules to a community hub. These modules (audited and standardized) can then be reused by other institutions.

“For now, the platform is limited to partners, but it will soon open up to all institutions,” we were told on site.

👉 The core technology was developed by
@FeverTokens
, a French 🇫🇷 start-up specializing in smart contract libraries.

📺 Video of the demo here👇

https://x.com/Louis_Tellier/status/1973692818452337125

[obsidian]

BITCOIN BLOCK REWARDS

3.125000 BTC (2024) 1

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1.562500 BTC (2028) 1/2

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0.781250 BTC (2032) 1/4

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0.390625 BTC (2036) 1/8

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0.195313 BTC (2040) 1/16

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0.097656 BTC (2044) 1/32

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0.048828 BTC (2048) 1/64

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0.024414 BTC (2052) 1/128

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0.012207 BTC (2056) 1/256

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[gib]

You’re describing Bitcoin, not ETH.

Bitcoin currently pays out about 450 BTC/day to miners, of which only ~3 BTC/day comes from fees — that’s 0.6% of miner rewards funded by actual network usage. The rest is newly issued Bitcoin — exactly the “dilution” you’re railing against.

https://studio.glassnode.com/charts/fees.VolumeSum?a=BTC&s=1751578780&u=1759354780&zoom=90

Ethereum, meanwhile, pays around 2,500 ETH/day in staking rewards, and about 300 ETH/day of that comes from fees — roughly 12%. That’s 18× more usage-based yield than Bitcoin.

https://studio.glassnode.com/charts/fees.VolumeSum?a=ETH&s=1751578780&u=1759354780&zoom=90

So if ETH’s staking rewards are a “con” because some come from issuance, then Bitcoin mining rewards are the exact same con, only with far less real economic activity behind them. You don’t get to call one dilution and the other sound money — unless the goal is just to mislead people.

“See you at 125” is cute — but you might want to check who’s actually funding network security before you gloat. Because by your own definition, Bitcoin’s the bigger scam.

Eth's annual revenue is around 2.5B a year. At a market cap of around 550B, that gives it an eye-watering PE ratio of around 220. That produces a true yield of around 0.45%. Not great, although arguably acceptable for a tech company valuation with massive future potential (which really is the calculation you need to make here - the long term potential - not of use, but of revenue accruing from that use). A 4% "staking yield" is clearly dilutive on this metric, but, that does not mean that Eth revenues may not grow over time. I'm not denying that, just calling out the bullshit.

PS - BTC nearly at .125M. Once there, I can officially jump into the frey and address some of the other falsities perpetuated here in my absence...

[Griffith]

Eth's annual revenue is around 2.5B a year. At a market cap of around 550B, that gives it an eye-watering PE ratio of around 220. That produces a true yield of around 0.45%. Not great, although arguably acceptable for a tech company valuation with massive future potential (which really is the calculation you need to make here - the long term potential - not of use, but of revenue accruing from that use). A 4% "staking yield" is clearly dilutive on this metric, but, that does not mean that Eth revenues may not grow over time. I'm not denying that, just calling out the bullshit.

PS - BTC nearly at .125M. Once there, I can officially jump into the frey and address some of the other falsities perpetuated here in my absence...

[obsidian]

Eth's annual revenue is around 2.5B a year. At a market cap of around 550B, that gives it an eye-watering PE ratio of around 220. That produces a true yield of around 0.45%. Not great, although arguably acceptable for a tech company valuation with massive future potential (which really is the calculation you need to make here - the long term potential - not of use, but of revenue accruing from that use). A 4% "staking yield" is clearly dilutive on this metric, but, that does not mean that Eth revenues may not grow over time. I'm not denying that, just calling out the bullshit.

PS - BTC nearly at .125M. Once there, I can officially jump into the frey and address some of the other falsities perpetuated here in my absence...

Lol you’re applying a PE ratio to a base layer protocol like it’s a SaaS stock. ETH isn’t a company — staking rewards aren’t “dilution,” they’re security spend, just like BTC’s block subsidy. The difference? BTC has near-zero fee revenue and a shrinking subsidy, while ETH actually earns its security budget.

ETH’s net inflation is ~0.76% (lower than BTC’s 0.83%), and that 2-3% yield only goes to the 29% staked — not the full supply. With ETH’s total supply only ~6× BTC’s, yet 1 BTC trading for 27 ETH, the real imbalance is in market pricing, not fundamentals.

[Phantom Spunker]

Lololol. Gib's 'absence' consisted of logging in every week to reply to comments and write 'see you at 125' constantly.

[obsidian]

[obsidian]

[SouJerz]

NEW ATH!!!

[affeman]

NEW ATH!!!

Then go and buy some, the ones like me need new people they can dump their stuff on to make some profits

[SouJerz]

Then go and buy some, the ones like me need new people they can dump their stuff on to make some profits

lol you goon.  You took profits when you exchanged paper fiat for BTC.


Keep stacking satoshis!!!!!

[obsidian]

GIB has been absent for a long time now. He can come back!

All-time high $125,525.33 (Today)

[obsidian]

New BNB ATH - Again!

All-time high $1,191.02 (Oct 3, 2025)

[FitnessFrenzy]

[gib]

Ha ha - nice!

Back one we are solidly above .125M...

[obsidian]

New BNB ATH - Again!

All-time high $1,191.02 (Oct 3, 2025)

Another new BNB ATH!

$1,220.51

[SouJerz]

Another new BNB ATH!

$1,220.51

Grasping at straws.  A mind is a terrible thing to taste.

[gib]

OK, we are now looking firmly past .125M. So, I am officially BACK!

[gib]

www.finance.yahoo.com/news/wall-street-pivots-morgan-stanley-114628117.html

[Flexacon]

ETH maxis can rejoice. ETH Staking was approved for Grayscale spot ETH ETFs


Today, Grayscale Ethereum Mini Trust ETF (Ticker: $ETH) and Grayscale Ethereum Trust ETF (Ticker: $ETHE) have become the first U.S.-listed spot crypto exchange-traded products (ETP) to enable staking, another first-mover milestone for the firm.


https://x.com/Grayscale/status/1975147923387363421

[gib]

$126,126

[gib]

ETH maxis can rejoice. ETH Staking was approved for Grayscale spot ETH ETFs


Today, Grayscale Ethereum Mini Trust ETF (Ticker: $ETH) and Grayscale Ethereum Trust ETF (Ticker: $ETHE) have become the first U.S.-listed spot crypto exchange-traded products (ETP) to enable staking, another first-mover milestone for the firm.


https://x.com/Grayscale/status/1975147923387363421

Perfect time to sell that Eth and re-buy in to BTC..