[ChuckyTheGoat]

Big, saw this video and liked it. Let me know what you think:

[ChuckyTheGoat]

70,200

[raiders72001]

$70k !!!!!

[GunShard]

Bitcoin will keep rising until late 2025.

[ChuckyTheGoat]

I think this is an important trend:



1) WIS (as a state) invests in BTC funds.
2) This is on the heels of many states changing their laws on Gold+Silver being legal tender.

I view this as being significant. The states are taking a closer stance on hard money (than the Fed Govt).

[garygroundwork]

Strap in, I think we have lift off.

[raiders72001]

Crypto prices have surged on signs of momentum toward US approval of exchange-traded funds investing directly in second-largest token Ether, a shift from a more downbeat outlook as recently as last week.

https://www.bloomberg.com/news/artic...al-speculation

I don't think it gets approved but this caused the rally.

[Arky]

Talk of war might be playing a part:

Brighteon Broadcast News, May 20, 2024 – WAR ALERT: Iran’s president and top officials KILLED in suspicious helicopter crash… could spark furious missile retaliation against Israel

I haven't looked into this - just now hearing about it.

Gold and Silver up, too. Spot gold @ $2443.55, spot silver @ $32.63

More and more people are waking up to the USD going in the crapper.

Beware potential CBDC's now using the more friendly "stablecoin" moniker.....

[ChuckyTheGoat]

Talk of war might be playing a part:

Brighteon Broadcast News, May 20, 2024 – WAR ALERT: Iran’s president and top officials KILLED in suspicious helicopter crash… could spark furious missile retaliation against Israel

I haven't looked into this - just now hearing about it.

Gold and Silver up, too. Spot gold @ $2443.55, spot silver @ $32.63

More and more people are waking up to the USD going in the crapper.

Beware potential CBDC's now using the more friendly "stablecoin" moniker.....

Arky, you make some great points. People don't realize the implication of the USD as a mechanism to fund wars.

I've been observing Au + Ag. If not at such a rapid pace, they are slowly moving up. Au + Ag have been real money for 2000+ years, so I don't see that changing.

See my points above. People are wising up the junk-talk from US politicians. You can't just rationalize a currency.

[ChuckyTheGoat]

During the Vietnam War, the price of gold increased by more than 50%. During the Gulf War, the price of gold increased by more than 20%. During the Iraq War, the price of gold increased by more than 50%. These examples show that gold prices can be sensitive to wars and other geopolitical events.

[biggie12]

etf approval for eth should lead to some big gains for some eth mrmes

[biggie12]

Big, saw this video and liked it. Let me know what you think:

You don't penetrate with a man's family.

I recently had a big fight with a friend over a business deal for crypto mining that I literally hand fed him and put up all the start up costs that i known for 20+ years. He made one stupid comment about my kids i immediately cut him off haven't spoken to him in around 10 months now. That is a movie and totally different situation but when it comes to family they should always be number 1 priority.

[ChuckyTheGoat]

You don't penetrate with a man's family.

I recently had a big fight with a friend over a business deal for crypto mining that I literally hand fed him and put up all the start up costs that i known for 20+ years. He made one stupid comment about my kids i immediately cut him off haven't spoken to him in around 10 months now. That is a movie and totally different situation but when it comes to family they should always be number 1 priority.

Yes, Biggie. I've been in similar (if not identical) situations. When someone takes a shot at a family member, I'd much prefer that they say something about me to my face.

This scene was so good. The dealers are incorrigible, didn't accept the man's fair offer. They are scum, so no big loss. The classic situation: a man who was terminal cancer = a man with nothing to lose. That guy's read on the situation was not good at all. Bon voyage.

[ChuckyTheGoat]

This guy has good charts. Go to 1:00:
*If you believe in the periodicity of BTC, the bull-run comes May-Dec of the 4x years.
...So May-Dec in 2012/2016/2020/2024.

If you believe in the fractals across time, that's a monthly gain in 20 of the L25 months. 80%, not bad.

[Arky]

Eth ETF will get a yay or nay today - might lead to a spike one way or the other.... Some of the applicants had to revise their applications for "no staking". That is just outright protecting the banks. Why would anyone keep large sums in a bank when they can get double-digit APY staking in crypto?

----------------------------------

JUP owners: One new proposal to vote on at https://vote.jup.ag/

----------------------------------

Crypto has been getting some wins lately. It's gotten political and most (even some Dems) seem to be leaning pro-crypto. This despite Ms Warren and her anti-crypto army....

[bensw]

Yes, he has interesting charts .Remember that the past is not always a guarantee of the future. don't think I'm a pessimist, but..

[ChuckyTheGoat]

Yes, he has interesting charts .Remember that the past is not always a guarantee of the future. don't think I'm a pessimist, but..

That's true. Your point is a good caveat.

My thesis on BTC ties out to the Supply/Demand chart. Limited supply makes it unique. And the Demand arguably continues to go up.

[biggie12]

ETH ETF approved.

pepe did 10% im not following the eth coins really but im sure some did nice x's today

[ChuckyTheGoat]

This guy might be a self-promoter. But he is credited with presenting one of the first videos on the value of Bitcoin (in 2011):

[raiders72001]

Jumped on MAGA Hat FOMO

[raiders72001]

Most will die but I'm going to FOMO in to some of the ETH memes.

[raiders72001]

Turbo

[biggie12]

raiders did u see pump.fun catlyn jenner coin. did 33 mill one day. I missed out on it. u take a week off crypto its like a year

[raiders72001]

raiders did u see pump.fun catlyn jenner coin. did 33 mill one day. I missed out on it. u take a week off crypto its like a year

missed that too but our RETIK is worth over $1.

[raiders72001]

Others will follow.

Med tech stock Semler Scientific takes bitcoin play from MicroStrategy’s book, surges 37%

https://www.cnbc.com/2024/05/28/med-...-strategy.html

[Arky]

Youtuber "The Modern Investor" has a new video declaring that alt coin season might be very near. Runs about 31½ mins.

Anyone remember back in the early days of Bitcoin that there were actually a couple of people making and selling Bitcoins - actually physical coins - a plated coin with a Bitcoin private key on them and offering them to the public? The government, of course, shut them down because, you know, money laundering. Those coins are now selling for substantially over face value at auction. The Modern Investor covers this story at the 21:21 mark in the above video. I'm guessing that the fellows that originally started this are probably set for life....

[ChuckyTheGoat]

Been a long-time fan of LTC. Gonna buy some more this week.

Watched a video. Some wallets have been hoarding Litecoins.

Institutions have been hoarding BTC. Could see LTC re-gaining attention.

[biggie12]

Been a long-time fan of LTC. Gonna buy some more this week.

Watched a video. Some wallets have been hoarding Litecoins.

Institutions have been hoarding BTC. Could see LTC re-gaining attention.

i used to be a big believer in LTC... Just dont have any faith in it anymore. now with solana its useless to me. Much easier to move funds faster and cheaper with SOL then LTC

[biggie12]

i used to be a big believer in LTC... Just dont have any faith in it anymore. now with solana its useless to me. Much easier to move funds faster and cheaper with SOL then LTC

Not coin on Ton network might be worth a buy should do at least 100% by EOY

[ChuckyTheGoat]

i used to be a big believer in LTC... Just dont have any faith in it anymore. now with solana its useless to me. Much easier to move funds faster and cheaper with SOL then LTC

I have no experience with SOL. But it's hard for me to believe that it moves quicker than LTC...and at a lower rate.

My LTC experience:
*Avg confirmation time = 6 minutes. Often faster.
*Cost < $0.01.

As for BTC, yes. I do sometimes find that Time/Cost is too high. But I don't move them too often.

[raiders72001]

Not coin on Ton network might be worth a buy should do at least 100% by EOY

More. Made a nice sized purchase recently.

[raiders72001]

I have no experience with SOL. But it's hard for me to believe that it moves quicker than LTC...and at a lower rate.

My LTC experience:
*Avg confirmation time = 6 minutes. Often faster.
*Cost < $0.01.

As for BTC, yes. I do sometimes find that Time/Cost is too high. But I don't move them too often.

I've been touting SOL as my number 1 hold outside of BTC for a long while now. Fee is $.0025 right now.

This week, PayPal (PYPL) announced that its stablecoin PYUSD would launch on the solana network, nearly a year after debuting on the ethereum blockchain. PayPal senior vice-president of blockchain, Jose Fernandez da Ponte, praised solana's cost and speed efficiencies, stating: "Ethereum works well enough, but if you’re interested in retail payments as we are, basically you need at least 1,000 transactions per second and you need transaction costs in the pennies, not in the dollars."
The ability of solana to handle large-scale blockchain movements is key to its value proposition. Solana can average 65,000 transactions per second (TPS). When compared with Ethereum’s 30 TPS, it becomes evident that the Swiss-developed blockchain is a major challenger to Vitalik Buterin’s brainchild,

https://sg.news.yahoo.com/finance/ne...000139285.html

[biggie12]

basically no trans fees and about 10 sec transaction. ltc closer to 3.5-4 minutes although u quoted 6

[ChuckyTheGoat]

basically no trans fees and about 10 sec transaction. ltc closer to 3.5-4 minutes although u quoted 6

OK, I know it's fast.

Thanks to you and Raiders. Maybe I'll take a deeper dive into Solana.

I've mentioned my LTC use-case. Sportsbook funding/withdrawing works like a charm.

[biggie12]

GME on another run today.