SATS

biba8163

Why? FACT: Alts have no value in and of themselves. BTC gives them value > **ETH is a parasite coin whose value has been completely dependent on BTC price appreciation.** ETH like all Alts have shown zero ability to attract capital on their own and they only appreciate and get capital after money flows into BTC and flows out seeking more profit. Notice how ETH only hits new ATHs after BTC hits tops/local tops and profits flow to Alts: > - Summer 2017, ETH hits ATH of $400 after BTC hits local top of $3,000 > - January 2018, ETH hits ATH of $1,400 after BTC hits cycle top of $20K > - May 2021, ETH hits ATH after BTC tops out in April 2021 > - Nov 2021. ETH hits ATH in December after BTC tops out in November 2021 > **With TradFi, Institutional and Corporate involvement, BTC now has a stranglehold on that capital and it it not flowing out from BTC seeking greater profits on Alts. ETH will need to actually attract capital by its own merits. It has shown zero ability to to that.** > https://np.reddit.com/r/CryptoCurrency/comments/1ilt27n/daily_crypto_discussion_february_10_2025_gmt0/mc2nklj FACT: Shitcoin/BTC ratio always bleeds long term. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC > https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/

Otherwise-Trifle892

WHEN Bitcoin hits 1 Million dollars it will be a great milestone. But that's all it will be, the mission stays the same. Stack SATS and store my economic energy into a pure store of value.

biba8163

Just beware what happens Shitcoin/BTC ratio. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC > https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/

biba8163

> Everyone here still hate ethereum or did we smarten up yet? Looks like you didn't smarten up and still haven't smartened up... > buy ETH all year and don’t look back. The adoption s curve is reaching inflection point. https://old.reddit.com/r/CryptoCurrency/comments/1hqr9yy/daily_crypto_discussion_january_1_2025_gmt0/m4th3og/ > By that point eth will be close to 1T https://old.reddit.com/r/CryptoCurrency/comments/1h3q2xp/daily_crypto_discussion_december_1_2024_gmt0/lzt7wrz/ I warned the NOOBs and gullibles many times that ETH is all Alts derives its value from parasitical dependency on BTC but the cycles have changed and money is no longer leaving BTC to flood shitcoins with capital. SMARTEN UP! > Noobs who weren't around in 2016 and 2020, you should know that 2024 looks very very different so far than at this time frame in 2016 and 2020. (Nov. 5, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gkfvzs/bitcoin_price_crushing_altcoins_heading_into_us/lvlrry1/ > The market is changing: ETFs, MSTR, etc account for a lot of the inflows. This money is not going to leave BTC seeking greater return on Alts (Nov. 13, 2024) https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwymxl9/ > Each cycle is a bit different. Too many people are saying, just hold on to your coins, it's playing out exactly the same. (Nov. 13, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gqexix/why_are_there_so_few_active_users_when_btc_is_at/lwxx36a/ > Be careful of people telling you this cycle is playing out exactly the same. ETFs, institutional and mainstream involvement, memecoins, L2 options and ETH competitors, it's very different (Nov. 19, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxyt5pw/ NOOBs look what happens to every Shitcoin/BTC ratio. This is not rocket science. SMARTEN UP! > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC > https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/

biba8163

This is the gwei >**If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower.** > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. > | | Initial | High | Current | > |:-----------|------------:|:------------:|------------:| > | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC > | XRP | 5,594 SATS| 22,500 SATS | 940 SATS > | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC > | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC > https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/

Dynamic_Philosopher

Same bet I always make - automated daily DCA SATS stacking, and ignore all headlines.

Sunnyjim333

*I m*ostly use Fiat to buy SATS and books, sometimes I buy food and clothes.

Fantastic-Airline710

You are right on that. Nothing is guaranteed. But I'd say the chances of BTC outperforming the S&P500, are still way higher. There have been *decades* of no net gains with stocks. Just because we haven't seen that in quite some time, doesn't mean it won't ever return. Meanwhile, I don't see why BTC won't continue to go up... The amount of SATS is limited, while the amount of printed dollars are not.

Fantastic-Airline710

Extremely bullish news, but I'm at a point where I learned that I will never ever swap my SATS for goods. We have king shitcoin (also called fiat) for that. Buying €100 of groceries with SATS will mean that one day, you will have paid €10.000 for that single shopping cart. Meanwhile, with the way inflation is going, if you buy €100 worth of groceries with fiat, that will probably be worth €10 in today's money.

splinternista

It is not static, not is rsticker. It’s a small LED monitor that resembles sticker. The monitor is connected by cable to the register, and when the cashier enters the amount, a barcode along with the total amount SATS to be paid appears on the LED screen

Fantastic-Airline710

I'm European myself and I always check the USDBTC chart (obviously), and was absolutely shocked to see I still got so many SATS from my weekly DCA buy. It didn't make sense at first, but then I realized the dollar did really lose *that* much purchasing power in the last month alone. Crazy stuff going on over there.

hamuzuki09

160k SATS FOR 6 BILLION PEOPLE

Sharp-Marzipan-8094

0.1 BTC = 10,000,000 SATS but your point still standa

Fijiambed

It is time to start talking in Satoshi's (SATS). You will give them 100,000 SATS and that should give them a good life if the last 10 year history of BTC price holds true as BTC in 2015 closed below $500.

alexathisson

I understand and I know it’s unlikely, but Bitcoin breaks barriers every year. We are heading toward the era of SATS. I don't doubt that you are right; everyone has their own way of thinking, and the future is uncertain. I like the optimism.

alexathisson

Te compreendo e sei que será improvável, mas o bitcoin quebra barreiras a cada ano. A gente tá se encaminhando para era dos SATS. Não dúvido que o senhor está correto, cada um tem seu modo de pensar e o futuro é uma incógnita. Gosto do otimismo

inadyttap

~1100 days untill the next bitcoin block halving event. STACKS SATS!

Mentats2021

I think its worth it to setup a lotto miner and your own node to help decentralize the network. If you're mining, use a pool like [Ocean.xyz](http://Ocean.xyz) (after learning about how they're different than Fpundry USA etc). I also think it's worthwhile to invest in 'Wild SATS' (from mining or buying p2p) versus buying on an exchange aka 'Surveillance Stats' which are tracked to your id. Invest in your privacy as well as bitcoin (or both).

ReliantToker

Stack those SATS stay strong 💪🤑🤘

BeatWonderful

It’s kinda a leverage game you’re playing. Saying you put your 20% in, plus 50% extra that normally got to bill. Say that 50% is worth $1,000. BTC at the time was worth $83,000. A week goes by but now BTC is now worth $79,000, do you still sell some SATS to cover the due bills? You’d be selling at a slight loss. You could say, over the long run you’d could eventually come out on top. But I think the % gain might be very small still. I’d even say on a $1,000 extra a month, you might only make an extra $1,000 after 5 years with this method. Risk vs reward isn’t really there.

hamuzuki09

50K to 200K SATS FOR 6 billion people if equally distributed. Think about it

Hungry-ThoughtsCurry

Would be cool to have 100M SATS

Comprehensive_Low568

I want everyone to just remember. BTC can survive anything. Minor setback. Long term, this will be a small bump in the road. Treat it as what it is, an amazing opportunity for everyone in this sub to buy. The only people that are not happy with the markets and BTC are people that NEED to sell right now. If you panic sold on something he said he would do, well. Idk what to tell you lol. I’m ok with BTC staying down for as long as possible, everyone is mad yet I will be happy to stack more SATS

AbbreviationsLive475

I need more chips for the dip! My funds are low ASF. Just keep stacking SATS !

biba8163

Noobs pay attention > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/

Comprehensive_Low568

The more research you do, the safer you will feel with BTC. Do your own research and you will officially wake up. Good luck on your journey. Always stack SATS

Gunnarsgaming

I have a $5 daily DCA but might increase it to 10-15$ with all of this going on. More SATS!!

inadyttap

\~1111 days until the next Bitcoin block halving event. STACK SATS! 

biba8163

ETH has dropped 35% since you said it was a good time to buy and it was primed to shine soon. > No one should have been buying eth for the last two years. YESTERDAY was a good time to buy. And SOON it will SHINE too https://np.reddit.com/r/CryptoCurrency/comments/1igbo84/daily_crypto_discussion_february_3_2025_gmt0/matm527/ > ETH also finally looks primed and xrp as well on high time frames https://np.reddit.com/r/CryptoCurrency/comments/1ihwkiv/daily_crypto_discussion_february_5_2025_gmt0/mb3jb3b/ Reminder to noobs, I warned many times that ETH is all Alts derives its value from parasitical dependency on BTC but the cycles have changed and money is no longer leaving BTC to flood shitcoins with capital > Noobs who weren't around in 2016 and 2020, you should know that 2024 looks very very different so far than at this time frame in 2016 and 2020. (Nov. 5, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gkfvzs/bitcoin_price_crushing_altcoins_heading_into_us/lvlrry1/ > The market is changing: ETFs, MSTR, etc account for a lot of the inflows. This money is not going to leave BTC seeking greater return on Alts (Nov. 13, 2024) https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwymxl9/ > Each cycle is a bit different. Too many people are saying, just hold on to your coins, it's playing out exactly the same. (Nov. 13, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gqexix/why_are_there_so_few_active_users_when_btc_is_at/lwxx36a/ > Be careful of people telling you this cycle is playing out exactly the same. ETFs, institutional and mainstream involvement, memecoins, L2 options and ETH competitors, it's very different (Nov. 19, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxyt5pw/ I've warned mETH Head noobs what happens to Shitcoin/BTC ratio. This is not rocket science. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/

biba8163

You were scammed by spam posts of Tricky ETH Trolls shilling you mETH when they don't even understand the demand side of supply and demand. These are scam narratives by mETH head shills based on meme economic theory and monopoly napkin math. > The Ethereum triple halving and why ETH will easily overtake BTC in marketcap https://np.reddit.com/r/CryptoCurrency/comments/p5m9eq/the_ethereum_triple_halving_and_why_eth_will/ > You've probably seen many ETH price predictions usually ranging from $10,000 to $20,000...but it would thus be erroneous to use BTC price predictions and apply them to ETH as it is almost always done with ETH price predictions. EIP-1559 and PoS will account for a reduction in ~90% in sell pressure due to the deflationary tokenomics and huge monetary incentive to stake ETH which in turn gives more illiquidity, implies the price of ETH could reach up to $150,000 in a best case scenario. https://np.reddit.com/r/CryptoCurrency/comments/pen9od/the_ethereum_triple_halving_part_2/ > Let's clear up the facts around EIP-1559, the merge/triple halving and ЕТН becoming a deflationary asset...For over a decade now the crypto market cycles have revolved around the Bitcoin halvings when the supply of new coins going to miners halves. This is important because miners are majority sellers. They have electricity bills to pay https://np.reddit.com/r/CryptoCurrency/comments/ofcxrn/lets_clear_up_the_facts_around_eip1559_the/ > Here are some simple calculations implications of POS' triple halving. ...ETH issuance goes down from 4% to 0.5% IMMEDIATELY. What took BTC 12 years to achieve, ETH is gonna do it in 1 block length! https://np.reddit.com/r/CryptoCurrency/comments/oz5hkm/eth_has_managed_to_burn_4600_eth_24_hours_after/ If you have been in crypto long enough, you know what happens to the Alt/BTC ratio over the long term: > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

freakythrowaway79

It's actually closer to 58 million multi-millionaires. You didn't even account for the 2700 to 3400 BILLIONAIRES. They have evenore fun $$ to play with so🤷🏻. By your "theory" or hypothetical it will be actually much worse probably. BUT the silver lining is out measly SATS will be worth much much more than we acquired them for.

biba8163

> BTC maxis will never see the threat coming until it recks their life I've warned mETH Head noobs like you what happens to Shitcoin/BTC ratio. You still don't see it coming. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

SmokeAndSkate

Have you been a victim of unpaid Reddit moderators? Call my law firm today! 1-800-GOT-SATS

biba8163

This is you regurgitating Shitcoin and mETH Head narratives: > Remember, late December, early Jan is when ETH and alts start climbing. https://np.reddit.com/r/CryptoCurrency/comments/1hhfmsi/daily_crypto_discussion_december_19_2024_gmt0/m2rdoto/ > Not really, ETH has always been a slow grower. It’s typically dumped until late Jan every cycle and has been red for almost every single December from 2016. https://np.reddit.com/r/CryptoCurrency/comments/1i00w01/daily_crypto_discussion_january_13_2025_gmt0/m6wgoac/ This is me warning noobs and mETH Heads, that's not what's happening: > Noobs who weren't around in 2016 and 2020, you should know that 2024 looks very very different so far than at this time frame in 2016 and 2020. (Nov. 5, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gkfvzs/bitcoin_price_crushing_altcoins_heading_into_us/lvlrry1/ > The market is changing: ETFs, MSTR, etc account for a lot of the inflows. This money is not going to leave BTC seeking greater return on Alts (Nov. 13, 2024) https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwymxl9/ > Each cycle is a bit different. Too many people are saying, just hold on to your coins, it's playing out exactly the same. (Nov. 13, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gqexix/why_are_there_so_few_active_users_when_btc_is_at/lwxx36a/ > Be careful of people telling you this cycle is playing out exactly the same. ETFs, institutional and mainstream involvement, memecoins, L2 options and ETH competitors, it's very different (Nov. 19, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxyt5pw/ Are people like you are really clueless looking at the data right in front of your eyes and still think the pattern is repeating: | ETH | Dec | Jan | Feb | March |:-----------|:------------:|:------------:|:------------:|:------------:| | 2020/21 | 20%| 78% | 7% | 35% | 2024/25 | -10%| -1% | -32% | -14% And I've warned noobs like you again and again, ETH is a Shitcoin Alt and it is waay overvalued: > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9gkl4/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC ETH is an underperforming/non-performing asset mid/long term. If dummies want to make LESS money taking MORE risk, than ETH is an excellent choice. If you want to earn just as much as ETH at ZERO risk, then you can stake FIAT which guarantee ~5% returns. **Since the 2017/18 ATHs, 7+ year time frame* (Stock Market doubles every 7 years, Rule of 72) | | Annual Return| |:-----------|:------------:| | BTC | 22.19% | QQQ | 16% | GOLD | 11.3% | SPY | 10.8% | ETH | 4%

lol_camis

This is not a good idea. Even if we assume that Bitcoin is going to go up (which, I cannot stress enough, is NOT a guarantee), it still goes through wild fluctuations. Let's say you have a car repair that costs $3000. If bitcoin is up, that's great. But if bitcoin is down, you're going to pay more SATS today than you would a week from now once the price is up again. Think of that guy who bought a pizza for 10,000btc in 2010, just on a smaller scale. Now that same amount of Bitcoin is worth hundreds of millions, but he spent it on a pizza.

veganbitcoiner420

you have a chance to get to 10 million dude what are you doing? if you're lucky you could get to 21 million... do you have any idea how rare and difficult in the future it's going to be to say you have 21 million sats? get to 0.10 asap, start measuring SATS WHAT THE FUCK IS A DOLLAR

biba8163

If you're in crypto long enough, you know what happens to Alt/BTC ratio. NOOBs and mETH Heads are learning and will continue to learn painful lessons. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

DreamingTooLong

You have $25 million dollars or you’re a 25 year-old man? lol jk Good job stacking those SATS

Sunnyjim333

It is possible to buy $1 of Bitcoin or 1243 SATS at this time. 0.000012 Bitcoin. Explore Dollar Cost Averaging (DCA). READ 'The Bitcoin Standard", the Bitcoin Whitepaper, "The Creature From Jekyll Island".

Satoshi_UNO

It’s 0.00000001 btw && When 1 Satoshi aka Single Unit of Bitcoin is $1.00 USD then perhaps mSATs will become new standard a layer two option. Currently deployed in video games with BTV or Bitcoin where a deposit of 1 SAT or SATOSHI == 10M Micro Satoshi or mSAT The concept is you deposit 100 SATS for 100 MSAT of in game or on layer token / coin. Essentially also used for security validation options, where the token itself becomes a validator imagine sending a micro sat to login. I always said from before 2009 you must be able to send a single unit of Satoshi again 0.00000001 BTC or the project is over if you can’t physically use or access every single Satoshi by it self.

biba8163

Yeah, I laughed at this 1-Cycle YouTube Scammer when he said ETH is going to recover > ‘It’s Almost Over’ – Analyst Benjamin Cowen Predicts Ethereum Bottoming Out Against Bitcoin https://np.reddit.com/r/CryptoCurrency/comments/1fk2kbr/its_almost_over_analyst_benjamin_cowen_predicts/ ...if you're in crypto long enough, you know what happens to Alt/BTC ratio > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

biba8163

Listening to Clueless 1-Cycle YouTube Scammers is a sure way to get rekt > ‘It’s Almost Over’ – Analyst Benjamin Cowen Predicts Ethereum Bottoming Out Against Bitcoin https://np.reddit.com/r/CryptoCurrency/comments/1fk2kbr/its_almost_over_analyst_benjamin_cowen_predicts/ mETH heads kept referencing this moron like he was Nostradamus when I kept warning people > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

Zwetzak69

Crazy how that comment is 13 years old, and people like you *still* don't get it. You're on the Bitcoin sub, so at least you probably own some SATS, but man, it's probably for all the wrong reasons. Keep your head in the sand and don't forget to occasionally get it out while asking "I don't get why people would mention the Rothschilds". I bet you instantly think this is some anti-Semitic sentiment as well. Some people really can't get helped... Whelp, maybe in another 13 years, you'll finally understand why he said what he said in that YouTube comment.

biba8163

> I made a bet a couple months ago eth would bounce back later in the year. Did you miss my warning, I posted these throughout 2024: > Noobs who weren't around in 2016 and 2020, you should know that 2024 looks very very different so far than at this time frame in 2016 and 2020. (Nov. 5, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gkfvzs/bitcoin_price_crushing_altcoins_heading_into_us/lvlrry1/ > The market is changing: ETFs, MSTR, etc account for a lot of the inflows. This money is not going to leave BTC seeking greater return on Alts (Nov. 13, 2024) https://np.reddit.com/r/ethfinance/comments/1gq6ahm/daily_general_discussion_november_13_2024/lwymxl9/ > Each cycle is a bit different. Too many people are saying, just hold on to your coins, it's playing out exactly the same. (Nov. 13, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gqexix/why_are_there_so_few_active_users_when_btc_is_at/lwxx36a/ > Be careful of people telling you this cycle is playing out exactly the same. ETFs, institutional and mainstream involvement, memecoins, L2 options and ETH competitors, it's very different (Nov. 19, 2024) https://np.reddit.com/r/CryptoCurrency/comments/1gujmk1/daily_crypto_discussion_november_19_2024_gmt0/lxyt5pw/ You know ETH is an Alt right? You know what happens to Alts, I kept warning people ETH is severely overrvalued and must fall below 0.01 BTC: > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

Zwetzak69

Absolutely wild how everyone on here is able to time the market near perfection. "90s to 100s" with the absolute top being 108k? Have we found the new Nostradamus, lads? I think you (and many, many others) are full of shit. There was no reason to sell your BTC when we went from the late 60s to the late 100s. The most pro-Bitcoin president just won the election and promised us many good things. We're obviously still waiting for those, but he has 4 more years to act on that. And all of that while you're selling it because one of your dumb gambling friends asks you a question regarding a shitcoin, lol... Zero other signs that we were at the top of the so-called 'bull run' (there is no bull run currently), yet you managed to perfectly time your sells anyway. By the way, if your fantasy story is actually true; you're as degenerate as your friend. Again, there were literally no reasons at all to sell your SATS. Nobody could've predicted this dip we're currently going through. The only ones who did were the "orange man bad" crew, but they've been yelling at the sky for 8 full years now, so who cares what they have to say at this point?

biba8163

> ETHBTC at 0.023, how low can it go? I got you. I warned mETH Heads that ETH was vastly overvalued all through 2024 > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

downtherabbit

Don't worry about only having a small amount. Wealth creation takes years, decades and you got that on your side. Stack those SATS.

Organic-Ad9474

This is me with my 2,000,000 SATS. I’m rocking back and forth saying “this is fine…” While my internal dialogue is “fuuuuuuck!”

Cryptotiptoe21

I have trust issues. "The only stock I invest in is myself." Which is bitcoin. If Warren Buffett got rich off of Coca-Cola surely we can get rich off of Bitcoin. Stack SATS. Stay HUMBLE.

biba8163

Listening to Clueless 1-Cycle YouTube Scammers is a sure way to get rekt > ‘It’s Almost Over’ – Analyst Benjamin Cowen Predicts Ethereum Bottoming Out Against Bitcoin https://np.reddit.com/r/CryptoCurrency/comments/1fk2kbr/its_almost_over_analyst_benjamin_cowen_predicts/ mETH heads kept referencing this moron like he was Nostradamus when I kept warning people > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

omegistosalexxx

well yeah duh it wont die but this is the current news and subs like this are to comment on the current news. the only post some of you guys want to see are: ALTCOIN SEASON COMING, STACKING MY SATS TO THE CEILING, SATOSHI CALLED AND STARTED DISCOUNTS BUY THE DIP. Communites are to discuss and yeah trump is doing dirty work and yeah its major news. Just cause we talk about it wont mean the market is dead... The pennies the people in this sub may buy and sell wont change anything anyway XD... Most hold less than 0.1 btc

ElonaMusk212

Simply put: No need. "Hey you...how much bitcoin do you have?" " 1 million 500 SATS." "Oh you mean .015?" "Yea." "Kool." \*\*\*We have 2 ways already...\*\*\* No need to complicate it... But hey...you do you....

ElonaMusk212

Its simply too late. For 16 years its been SATS.... Books have been written....using the term SATS.... ...AND it honors the founder....

Zwetzak69

- Little Timmy who bought his first SATS when BTC peaked at 108k

ElonaMusk212

Its SATS....deal with it... The horse is already out of the barn...

ThinNeighborhood2276

I haven't subscribed, but I've heard mixed reviews. If you're focused on stacking SATS, it might be better to save the cost.

BitcoinBanksy

I love that all the comments have been super bearish lately. "*WE'RE GOING TO 70s!*" they scream, an hour before we ascend back up to mid 80s. **STACK SATS DAILY!**

BlockchainBray777

Just bought $50 worth. STACK THOSE SATS!!!

Comprehensive_Low568

Most people here I would like to think should be ready considering so many of us are Hodlers. We hold strong through the highs and the lows. The only thing that must continue is stacking SATS.

FinancialIntern4326

Trust me you have done a solid to yourself. You shall look back and feel proud of your decision. Ignore the naysayers around. They shall remain poor as they deserve it. I'm very happy for you. KEEP STACKING THOSE SATS BRO..

tommy4019

SATS

FinancialIntern4326

Welcome brother. Bitcoin is counter intuitive and nobody gets it the first time. And given the heavy price speculation in the past - it is not that hard to see why. But after reading and finding out more about it, it becomes abundantly clear that BTC is the future and its important to stack all the SATS one could.

FinancialIntern4326

If only people were critical thinkers the would wouldn't be in such a mess in the first place but the fact is this world needs a messiah, a saviour and that is BTC. Whoever read this - Stack some SATS pls !

FinancialIntern4326

That is just awesome. Your journey is superb and we are proud of you brother. You managed to stack some SATS calmly. You shall enjoy the benefits !!!

FinancialIntern4326

Nope. Its a normal dip. I hope you stacked some millions of SATS

ChemNerd86

C’mooon keep selling and push it down just a few more days for my bonus to get deposited so I can STACK FAT PILES OF SATS! lol

ChipWaffles

Or more importantly, 10,944 SATS

MikeDinSD

SATS

cake__eater

The SATS symbol exists already, and it’s not the hamburger icon rendition. Why are we reinventing the wheel?

alive1

You can have about 10000 SATS for about 10 bucks.

KualaLJ

2.1 quadrillion SATS is pretty much the same thing as infinite. That is a hell of a lot more USD (or even US Pennies) that are in circulation.

Ok_Grass_5474

Sit and wait. Be patient. Don’t stop stacking SATS.

downtherabbit

Stack those SATS.

ConsiderationNew4765

10,000,000 SATS is a great start point. I think you will be very well off in next 10-20 years with that amount at least

FinancialIntern4326

its good people don't get it. Let them be blind and let us stack the SATS in the meanwhile :-)

Ordinary-Original520

I own a decent amount of SATS but i will always buy rental properties over the years for cash flow so I can replace my active income from my job. I'll most likely borrow against the BTC to buy real estate in the future.

fading319

There's no other currency out there that gets abused as bad as fiat. All of the "swindlers, charlatans and generic dumbasses" use it on a daily basis. In fact, those same "swindlers, charlatans and generic dumbasses" are the ones who print more and more and more and make us normal people poorer by the day. Worst part is that they found a loophole which makes it perfectly legal to do so - it's called 'inflation'. Combatting inflation will always be more important to me, than to worry which groups of baddies bought SATS.

Cryptotiptoe21

Bitcoin isn't like gold you flash around. It's more humble and intimate. Somethings are better left private even though you may want to shout out to everyone all of your accomplishments it's best not to for your security. Stack SATS and be HUMBLE.

PheelGoodInc

I use Fold. It's a prepaid debit card. I pay $100 USD yearly. So far I've earned 6,492,253 sats in the last three years worth $6,198.09 USD - No brainer. I don't use it for purchases. I use my AMEX for everything, and pay it off in full monthly using Fold via Paypal. This way I get my AMEX rewards and my SATS from fold. I pay for everything with fold. Rent, car payment, insurance payment, everything. Absolutely worth it.

RickThacker

Being a Millionaire won’t mean much when there will be trillionaires. Maths aren’t mathing in late stage fiat economics. Money can’t be created out of thin air— it’s a violation of Natural Law. It’s theft, and it’s cheating. If 1 BTC is 100M SATs then, and the whole supply will be 1 Quadrillion SATS, then how much of that will you need to be a millionaire? 0.01 BTC? 0.1 BTC? 1BTC? Millionaires only get that way because they imagine being Billionaires. Money is the thing that you can never have enough of, it’s the most scarce, and the most sale-able commodity. Will you ever have enough BTC? I won’t.

Other-Temporary6298

Ok so the first thing you need to do is breathe a couple of times. The second is relax, Coinbase or any of the other major CEX are more and more regulated as times goes by. Regulations are a bitch, and I hate them as much as you might do as well, but they make it less likely that we will live another FTX in the future. You said you've accumulated "too much". Allow me to find thet sort of unlikely given that, if you would have accumulated so much, you would've thought about this much earlier. The way you say it, sounds like all this is comming as a surprise to you. Like you just somehow had been able to produce 2 or 3 BTC out of thin air overnight and have no info or context about it whatsoever. You will also find many people, including myself, who post here about having forgot or lose access to an account on an exchange with some crypto on it, and time passed. And then recover the credentials to the exchange and find your BTC is still there and you have even make some unintended hodl and have more FIAT now. I wouldn't leave it there forever though. But exchanges like Coinbase won't disapear overnight (I hope). Get a Coldcard and learn how to use it. I'll say it again: learn how to use it, while it does not have any BTC keys in it still. Watch several videos on YouTube on how to use it and do the same stuff you see in the videos, but without any money involved, until they become boring and muscle memory. Watch the videos until you know what the people in the videos are gonna say next. And just generally stop obssesing, that's the kind of compulsive behaviour that tend to drive us to make mistakes. You don't need to ACT NOW or something like that. You need to get your shit togheter and pay for a good cold wallet. And then take the time to learn how to use it. And then you will make an informed decission about how to proceed. My 2 SATS. Cheers!

ClockOk7733

Stack SATS. Lower activity due to HODLing, no?

BlueBird884

Congrats on reaching 1,000,000 SATS.

Better_Pomegranate70

I DCA $3.33 daily, comes out to about $50 per paycheck for me, allows me to stack SATS without even noticing. Planning on HODLing for a long long time. River has zero fees for DCA after the first week, so thats what I use

BlueBird884

Also remember 1 BTC is 100,000,000 SATS. Some wallets let you change the unit of account to SATS or mBTC.

Other-Temporary6298

I think there're multiple sides of the matter not being looked at correctly. Think of it this way: 1. If you sell yor BTC now, you are NEVER getting it back. You might buy more BTC, but it won't be the same you would be selling to perform this operation. It wpuld be another one, maybe a more expensive one. Let's hope not. 2. By selling BTC now and then having to wait for someone to buy your old car to buy BTC back you are exposing yourself to risk of not being able to buy BTC again because it may happen that no one wants your car. 3. On the other hand, cars are depreciating assets. They loose value over time. BTC is the oposite, it preserves value over time. It's like selling a house to buy 1.000 computers. The house will always keep its value, while the computers will be ourunned by more powerful computers shortly over the years. 4. More interestingly, you could not sell your car, use your BTC as collateral to geat a loan in USDT on an exchange like NEXO, buy the car you want, and then slowly pay the loan using FIAT while you keep your BTC. My 2 SATS. Cheers.

fading319

Yeah, multiple people have commented that they felt personally attacked because of my 0.005 BTC comment. I genuinely didn't mean it like that. Half a million SATS is more than 99.9% of people will ever have. There will come a time where people want to end your life for that amount of BTC. I just picked a random number because I feel like the ones who feel pressured the most (thus sell the fastest) are the ones with that amount of BTC. I have a lot more than that and I personally would never bother to sell it all of because Trump said this or Israel attacked country X or whatever. It's all noise and people need to think more long-term. You're holding an asset that will be worth million of dollars in the next couple of decades. Even 0.005 will be lifechanging money (but I do suggest you keep stacking for now!).

fading319

Yep, that's that dude from Wales. Very old story and with every bull run, the mainstream media keeps bringing this up. He finally got ordered to stop searching for his HDD now. I hope we don't have to hear that story ever again, lol. I feel bad for the guy, don't get me wrong, but it's the perfect example of people who let BTC ru(i)n their life. If he had started stacking again the moment he lost all of his SATS, he easily would've gotten over 10 BTC again.

MrYoshinobu

Maybe for you...but for me, I keep buying more SATS!

fading319

Because it's gambling. Just buy the SATS and transfer them to a hardware wallet. It'll x4 in due time, and at least now you actually own the asset.

tandaed31

Keep my eyes opened, stay focused, and STACK SATS baby!!!!!!!!

biba8163

ETH is a casino coin whose value is a mirage derived from stacking on-chain leverage in places like Aave, Maker, etc where ETH is the dominant collateral asset for gambling for ETH and various shitcoin tokens people think are DeFi. When the shit hits the fan, you have cascading ETH liquidations to reveal the ugly shitcoinery lying underneath. Like I've commented maany times, ETH is way overvalued in relation to BTC and like all Alts, it will keep falling in BTC ratio long term. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9gkl4/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

biba8163

I kept on issuing this warning when people kept saying the ratio had bottomed out at 0.06, 0.05, 0.04......and you'll notice mETH heads who I responded to and who responded to me delete their comments. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9gkl4/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

biba8163

Reminder that ETH is still waaaay overvalued. I kept on issuing this warning when people kept saying the ratio had bottomed out at 0.07, 0.06, 0.05, 0.04......and you'll notice mETH heads who I responded to and who responded to me delete their comments. > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9gkl4/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC

ElonaMusk212

How do you have so few SATS IF you started purchasing when Bitcoin was 20K? The math aint mathing. Even buying All the 113,000 Sats Today...it would only cost 115.00

blueleaf_in_the_wind

I don't even look at dollars until I need to move more to the exchange in order to buy more btc. I am only looking at satoshis. I buy a set amount OF SATS every day, no matter what. Without fail. If and when that gets too expensive, I will find a way to earn/make more fiat in order to keep hitting my daily amount. Get stackin.

biba8163

ETH is currently waaaay overvalued. I kept on issuing this warning when people kept saying the ratio had bottomed out at 0.07, 0.06, 0.05, 0.04... > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.0011 BTC | XRP | 5,594 SATS| 22,500 SATS | 3143 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0021 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.0305 BTC

biba8163

ETH is currently waaaay overvalued. I kept on issuing this warning when people kept saying the ratio had bottomed out at 0.07, 0.06, 0.05, 0.04... > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.0011 BTC | XRP | 5,594 SATS| 22,500 SATS | 3143 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0021 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.0305 BTC

soupeducrayon

You can hardly call yourself a whale if your investment cost $1000…whether you bought 1000BTC or 1000 SATS…

biba8163

I kept on issuing this warning: > If you think 0.04 BTC is low, the ETH/BTC ratio is going to feel like getting kicked in the nuts over and over again over the long term as the ratio falls below 0.01 and goes lower and lower. > Long term ALL Alts follow the same trend and fall below the initial BTC value they started at. Pretty much all the older Alts, even the most successful fall below this value. ETH is also trending long term to fall below this value. People talk about historic trends, patterns and cycles but this has been the only 1 undisputed and unbroken pattern for 14 years. https://np.reddit.com/r/CryptoCurrency/comments/1fgzm3z/daily_crypto_discussion_september_15_2024_gmt0/ln9jvct/ | | Initial | High | Current | |:-----------|------------:|:------------:|------------:| | LTC | 0.03 BTC| 0.048 BTC | 0.001 BTC | XRP | 5,594 SATS| 22,500 SATS | 940 SATS | XMR | 0.005 BTC| 0.035 BTC | 0.0029 BTC | ETH | 0.01 BTC | 0.15 BTC | 0.041 BTC