OT: ETH 3K and now pulling BTC up

[Apoplectic_Objurgator]

And news that BTC working toward smart contracts. Most btc analysts have BTC near 200K by EOY. If BTC at 200K where does that put ETH? 20K?

For those of you waiting on the dip, many analysts say it’s coming late summer and maybe in the 30-40 range.

 

[Mobile Bay]

Is this good for Dogecoin?

 

[Apoplectic_Objurgator]

Is this good for Dogecoin?

Likely .... these 2 main coins drag all the other shitcoins along with them. Doge also got a boost from Cuban and a few other companies now taking doge as payment.

 

[mstateglfr]

Fingers crossed there is an upcoming surge in beanie babies so that it can help pull up my pokemon cards.

 

[Nicephorus]

People been waiting on an ethereum dip since last time it passed 2500.

Issue with ethereum is central exchange supply has been gradually dropping the last year as price has risen. This is mainly due to yield opportunities with defi on-chain has significantly increased the opportunity cost of holding large amounts of eth on exchange. People can get 10-30% apy on chain pretty easy currently either by directly yield farming with eth or using it as collateral to borrow stable coins to yield farm with. This is presumably leading to a “sell side supply” shortage on central exchanges contributing to recent rise. Also with eip-1559 scheduled to go live this summer, ethereum will become “deflationary” further eating into supply. While not guaranteed to go up, this background pressure does make it prone to rapid price increase when buy interest is high unlike bitcoin where larger amounts are kept on exchanges.

https://twitter.com/mskvsk/status/1389153174141952001?s=21

 

[Beretta.sixpack]

ETH is rolling and I love it.....I don't see BTC 200K....

BTC analysts are all over the board.....Ive seen anything from 95K to 200K, most of which are around 120K....she's gonna drop again, at least once, most likely 2-3 more times in the 30-40% range....

again, I started playing in February with $1500 to test the waters and subscribe to a service.....as of this morning that start is now $11K.....have roughly 50% in ETH

currently playing AAVE, UNI, ETC, BTC, ETH, and LTC.....with UNI and ETH as my two favorites.....AAVE is going to run like a mule soon....LTC is a *****

 

[SwampDawg]

Fingers crossed there is an upcoming surge in beanie babies so that it can help pull up my pokemon cards.

And I have some tulips blooming soon. Special prices for 6Packers.