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

[Mayday]

BTC (and gold) have no PE - that's the whole point. BTC serves as the ultimate ledger for base-layer of money - of economic energy - both are protocols backed by energy and physics. Gold being the analogue version of BTC.

Eth and BNB (and many other platforms) have intrinsic value - and that in turn, in the long term, will govern their ultimate valuation. (Which as of now, back of envelope, is around $500 for Eth, and $300 for BNB - of course with a wide degree of variance depending on the variables and assumptions you put into the calculation).

I have posted this before post Trump win. For there to be lower inflation and rates as promised, the only way is to prevent a bid on commodities and that is using BTC as the asset because it is not included in CPI.

If true, the only measurement one requires is how to determine when enough liquidity has been sucked out as this is the aim.

It however is not neverending gains per Saylor. BTC becomes a store similar to Gold that once the liquidity drain of the economy is completed, it is released from BTC and back into investments which offer newer opportunities of higher return and just like Good will enter lengthy bear markets.

Hence why short term ETH is irrelevant because no rotation will occur until BTC is done. The positive is if you wait much longer, the rotation will be much better than if it occured at today's price.

[affeman]

BTC<106k
ETH<3,8k
XRP<2,3
SOL<180

brutal

[obsidian]

https://finance.yahoo.com/news/asian-executives-join-forces-launch-185021707.html

Asian Executives Join Forces to Launch $1B Ethereum Trust Fund

A group of Asian executives with deep roots in crypto is setting up a new trust to accumulate Ethereum , with plans to raise around $1 billion. The effort comes as ETH faces price pressure, trading at $3,875 below its 50-day exponential moving average.

According to Bloomberg, Li Lin, who founded the Huobi exchange and now chairs Avenir Capital, is driving the project. He has teamed with Shen Bo of Fenbushi Capital, Xiao Feng from HashKey Group, and Meitu founder Cai Wensheng.

Notably, these figures were among the first in China to back Ethereum after its 2015 launch. The trust has secured $200 million from Avenir and $500 million from investors like HongShan Capital, with talks underway to use a Nasdaq-listed shell company to help structure the trust.

Colin Wu shared details on X, noting the collaboration aims to build a regulated vehicle for Ether exposure. This aligns with broader trends where early crypto players shift to institutional products offshore.

Li built Huobi into a top exchange before selling it in 2021 amid China’s crypto ban. Shen funded early blockchain ventures, while Xiao’s HashKey holds a Hong Kong virtual-asset license. Cai has backed multiple crypto projects alongside running Meitu.

[obsidian]

https://finance.yahoo.com/news/ethereum-bitcoin-wall-street-once-110427314.html

Can Ethereum Do to Bitcoin What Wall Street Once Did to Gold?

Tom Lee, co-founder of Fundstrat and chairman of BitMine Technologies, predicts that Ethereum could “flip” Bitcoin — just as Wall Street outgrew gold’s role in the modern financial system.

The executive also forecasted that ETH could reach $60,000 by 2030, representing an approximately 1,510% increase from its current price of $3,727.

Why Ethereum Could Challenge Bitcoin’s Market Leadership
In an interview with ARK Invest's Cathie Wood and Brett Winton on Thursday, Lee drew a historical parallel to explain why he believes Ethereum could eventually overtake Bitcoin in market value. He pointed to 1971, when the United States abandoned the gold standard. This move initially sent gold prices higher as investors sought security in a tangible asset.

Nonetheless, it was Wall Street’s innovation — the creation of money market funds, mortgage-backed securities, and other financial instruments — that ultimately reshaped global markets and cemented the dollar’s dominance. Over time, equities and financial products built around the dollar grew to overshadow gold, which remained valuable but static.

“In 1971, the dollar became fully synthetic because it was no longer backed by anything, and so there was a risk that the world would go off the dollar standard. So in stepped Wall Street to create products to propagate the future of Wall Street. Dollar dominance by the end of that period went from 27% of GDP terms to 57% of central bank reserves and 80% of financial transaction quotes,” Lee detailed.

Lee suggested that a similar dynamic is now unfolding in crypto. He noted Bitcoin is the digital gold — a pristine store of value. Meanwhile, Ethereum represents the infrastructure where the next wave of financial products and tokenized assets will be built.

“In 2025, we think everything is now becoming...tokenized. So as we move not just dollars onto the blockchain, which is stablecoins, but we'll move stocks and real estate  dollar dominance is going to be the opportunity of Ethereum. So digital gold is Bitcoin. And so in that world, we believe Ethereum could flip Bitcoin similar to how Wall Street and equities flipped gold post 71,” Lee noted

However, the executive emphasized that this remains a "working theory." He also added that he remains bullish on Bitcoin, projecting a long-term fair value between $1.5 million and $2.1 million.

Lee also sees ETH reaching as high as $60,000 per token by the end of the decade. In the near term, he has also forecast $200,000 for Bitcoin and $10,000–$12,000 for Ethereum by the end of 2025, highlighting confidence in both assets.

[MuscleBuff]

Who do you think will have the last laugh, bitcoin or gold holders?

[Griffith]

https://finance.yahoo.com/news/asian-executives-join-forces-launch-185021707.html

Asian Executives Join Forces to Launch $1B Ethereum Trust Fund

A group of Asian executives with deep roots in crypto is setting up a new trust to accumulate Ethereum , with plans to raise around $1 billion. The effort comes as ETH faces price pressure, trading at $3,875 below its 50-day exponential moving average.

According to Bloomberg, Li Lin, who founded the Huobi exchange and now chairs Avenir Capital, is driving the project. He has teamed with Shen Bo of Fenbushi Capital, Xiao Feng from HashKey Group, and Meitu founder Cai Wensheng.

Notably, these figures were among the first in China to back Ethereum after its 2015 launch. The trust has secured $200 million from Avenir and $500 million from investors like HongShan Capital, with talks underway to use a Nasdaq-listed shell company to help structure the trust.

Colin Wu shared details on X, noting the collaboration aims to build a regulated vehicle for Ether exposure. This aligns with broader trends where early crypto players shift to institutional products offshore.

Li built Huobi into a top exchange before selling it in 2021 amid China’s crypto ban. Shen funded early blockchain ventures, while Xiao’s HashKey holds a Hong Kong virtual-asset license. Cai has backed multiple crypto projects alongside running Meitu.

Another $1 Billion ETH treasury added.

[gib]

Another $1 Billion ETH treasury potentially added.

[gib]

So, my standing 106K buy order finally hit. I am very pleased about that.

I always have a "low ball" bid out there, to take advantage of any sharp movements. I usually price 5% below current price at time of placing, and then just let it sit. This $106 took ages to hit...

[gib]

Who believe we will see a gold-like momentum move over to BTC.

I certainly do. Just you wait...

[MuscleBuff]

Who believe we will see a gold-like momentum move over to BTC.

I certainly do. Just you wait...

Did you see my question above related to this topic? What do you think?

[gib]

Did you see my question above related to this topic? What do you think?

I think Bitcoin will vastly outperform Gold over the next decade (just like it did the last decade), and beyond. Purely a function of greater adoption rate, and coming from a lower total capitalization of wealth already represented in the asset. Both should provide good protection against currency debasement, but BTC will be far superior over time (subject to some kind of existential failure of the code occurring).

So, for example, we might see gold hit $8000 or even $10000 an Oz in the next 5 years - so approximately 100% return in USD over that time. Over the same period BTC will likely be 1m per coin. So approx. a 1000% return in USD over that time. Right now it costs approx 1 BTC to buy a kilo of gold. In 5 years, it will be around 0.1 BTC to buy that same kilo. But both assets will be significantly priced higher against a declining USD (and indeed fiat currencies globally)

The volatility of BTC will remain higher, on average, than gold. Proponents of gold over BTC will point to that greater volatility (usually during times of downward volatility), as proof that gold is a superior (or "a more stable" store of value to compared to BTC. However, they of course will forget to do so on when BTC experiences volatility on the upside. So, basically, if you "zoom out" you will see whilst more volatile, BTC by far outperforms Gold over time.

[Mayday]

Who believe we will see a gold-like momentum move over to BTC.

I certainly do. Just you wait...

I Posted about it last year. Gold 10yr cycle ends around September 2026.

I think the event might be the Audit on US Gold holdings finds it's all there or more in late 2026. US may then announce selling of Gold to payoff US debt which has holders move over to BTC and tag 1M in 2030...gold tips around September 2026 and BTC top follows after.

Even with my trickery I can't catch your holdings. looking back I thought I needed crypto to bail me out but where I am now without even considering it I don't need it. Im barely online anymore unless gaming or working, almost zero social media now and way happier 😁

[Griffith]

[GymnJuice]

https://apnews.com/article/trump-pardon-binance-changpeng-zhao-crypto-exchange-e1cb3fe516bc42b4c7ce5c107a280dc7

President Donald Trump has pardoned Binance founder Changpeng Zhao, who created the world’s largest cryptocurrency exchange and served prison time for failing to stop criminals from using the platform to move money connected to child sex abuse, drug trafficking and terrorism.

The pardon caps a monthslong effort by Zhao, a billionaire commonly known as CZ in the crypto world and one of the biggest names in the industry. He and Binance have been key supporters of some of the Trump family’s crypto enterprises.

“Deeply grateful for today’s pardon and to President Trump for upholding America’s commitment to fairness, innovation, and justice,” Zhao said on social media Thursday.

Zhao’s pardon is the last move by a president who has flexed his executive power to bestow clemency on political allies, prominent public figures and others convicted of crimes.

[gib]

This is correct, although its ludacris and naive to think that use will not migrate to other chains offering better efficiency and price. This statement also says nothing about the value the ETH token, as opposed the possible increase in use of the ETH blockchain - a very important distinction that amature investors fail to make, and one which scammers ands shysters deliberately take advantage of to promote Eth, but one which the market will, over time, eventually reflect...

[Griffith]

Japan’s first yen-backed stablecoin, JPYC, just launched on Ethereum.


https://www.coindesk.com/markets/2025/10/27/japan-s-new-yen-pegged-stablecoin-is-asia-s-only-truly-global-token

[Griffith]

Quantum Solutions launches Japanese ETH treasury

Quantum Solutions, Tokyo-listed technology company, has broken a record by making itself Japan’s biggest Ethereum (ETH) treasury holder outside the United States.

Within a period of seven days, the company had bought 2,365 ETH, totalling 3,865.84 ETH, valued at around $14.8 million. The new development places Quantum Solutions as the 11th largest Ethereum digital asset treasury (DAT) in the world.

Quantum Solutions has outlined a commitment to further expanding the company’s ETH position, with hopes to reach over 100,000 ETH in the next few months.

https://itbusinesstoday.com/tech/computing/quantum-solutions-becomes-japans-largest-eth-holder-indicating-paradigm-shift-in-digital-asset-strategy/

[gib]

Meanwhile, ETH transaction revenue ias massively slowed this year, compared to 2024.

Q2024 Q1$1.17 vs Q1 2025 $217M. Down 81.5%

Revenue 2025

2024 Q2 $760M vs Q2 2025 $325M. Down 57.2%

Things may improve, but its overall in decline due to low on-chain activity due to Layer 2 adoption and also EIP-4844 massively reducing L2 data posting costs, as well and NFT decline.

Lets see. There is a use case for Eth for sure, but also huge competition, and move to to Layer 2 solutions such as Arbitrum, Optimism). The problem with Eth's use case, is that its continued race to the bottom in terms of efficiency, hence the continued battle of a long term decline in transaction fees (to some extend offset by, hopefully, rising transactions).

I remain cautious. Now (or over the next year, might be a good time to get out, or DCA more in to BTC).

[obsidian]

Meanwhile, ETH transaction revenue ias massively slowed this year, compared to 2024.

Q2024 Q1$1.17 vs Q1 2025 $217M. Down 81.5%

Revenue 2025

2024 Q2 $760M vs Q2 2025 $325M. Down 57.2%

Things may improve, but its overall in decline due to low on-chain activity due to Layer 2 adoption and also EIP-4844 massively reducing L2 data posting costs, as well and NFT decline.

Lets see. There is a use case for Eth for sure, but also huge competition, and move to to Layer 2 solutions such as Arbitrum, Optimism). The problem with Eth's use case, is that its continued race to the bottom in terms of efficiency, hence the continued battle of a long term decline in transaction fees (to some extend offset by, hopefully, rising transactions).

I remain cautious. Now (or over the next year, might be a good time to get out, or DCA more in to BTC).

ETH fee revenue dropped because it’s working as designed. The Dencun upgrade and recent gas limit hikes made transactions far more efficient. Most activity has shifted to cheaper Layer 2s — not vanished.

Bitcoin needs higher fees to survive; Ethereum’s scaling upgrades intentionally reduced them. Lower fees ≠ weakness — it’s proof the network is evolving and actually scaling.

[obsidian]

ZEC is still very undervalued.

[obsidian]

Quantum Solutions launches Japanese ETH treasury

Quantum Solutions, Tokyo-listed technology company, has broken a record by making itself Japan’s biggest Ethereum (ETH) treasury holder outside the United States.

Within a period of seven days, the company had bought 2,365 ETH, totalling 3,865.84 ETH, valued at around $14.8 million. The new development places Quantum Solutions as the 11th largest Ethereum digital asset treasury (DAT) in the world.

Quantum Solutions has outlined a commitment to further expanding the company’s ETH position, with hopes to reach over 100,000 ETH in the next few months.

https://itbusinesstoday.com/tech/computing/quantum-solutions-becomes-japans-largest-eth-holder-indicating-paradigm-shift-in-digital-asset-strategy/

Nice! There were quite a few early ETH investors from Japan.

[obsidian]

This is correct, although its ludacris and naive to think that use will not migrate to other chains offering better efficiency and price. This statement also says nothing about the value the ETH token, as opposed the possible increase in use of the ETH blockchain - a very important distinction that amature investors fail to make, and one which scammers ands shysters deliberately take advantage of to promote Eth, but one which the market will, over time, eventually reflect...

ETH has value because people like me think it is valuable. It's similar to why you think Bitcoin should be valuable. ETH is still a scarce asset, there's only 6 ETH for 1 BTC. The current ratio is a gift to Bitcoin maxis.

ETH will go to $100k in the future. Etherealize forecast a long-term potential of $706,000 per ETH. I think it could go above $1 million further out.

[gib]

ETH fee revenue dropped because it’s working as designed. The Dencun upgrade and recent gas limit hikes made transactions far more efficient. Most activity has shifted to cheaper Layer 2s — not vanished.

Exactly. And that is exactly the problem for Eth (as an investment).

[gib]

Bitcoin needs higher fees to survive; Ethereum’s scaling upgrades intentionally reduced them. Lower fees ≠ weakness — it’s proof the network is evolving and actually scaling.

All BTC needs is miners to be incentivized to mine - which if course the are, with miners ever fighting to become more efficient, and with hash rate ever increasing at at a record high: See https://bitinfocharts.com/comparison/bitcoin-hashrate.html#3y

[gib]

ETH has value because people like me think it is valuable. It's similar to why you think Bitcoin should be valuable. ETH is still a scarce asset, there's only 6 ETH for 1 BTC. The current ratio is a gift to Bitcoin maxis.

ETH will go to $100k in the future. Etherealize forecast a long-term potential of $706,000 per ETH. I think it could go above $1 million further out.

Same reason that people thought that any business whose stock price was overvalued eventually lost their money. Short term market is a voting machine "they thought it was valuable", long term its a weighing machine. I can't believe this is not obvious to you, but Eth will over time, gravitate to the value of its discounted cash-flow, and because its utility (unlike Gold or BTC) is not store of value (whether analogue or digital). The battle over that false narrative has already long been lost.

As to Eth being a "scarce asset" therefore it has value argument, that is absolute nonsense. Any crypto created is a "scarce asset". You need to look into further factors, in deciding which of the infinite number of such assets have the traits that will make it the most desired store of value among others. How secure, how widely adopted, how liquid, how it was created, risk it can be compromised, etc. I could do a shit on piece of paper. It would be a "scarce asset", but that would not ensure that it has, or retains value.

As for "here's only 6 ETH for 1 BTC. The current ratio is a gift to Bitcoin maxis", you surely know yourself this is totally deceptive nonsense. There are a certain number of any thing to 1BTC, be it gold, silver, Nvidia stock, frogs or lemons. This does not mean that those things will appreciate against BTC - indeed quite the opposite - all will depreciate in value against BTC over time. So, not sure what point you are trying to make here, but either way, it's totally irrelevant to the value of Eth, especially in any case, given that the total supply of Eth is not fixed.