Yukon Cornelius said:

---

IMO eth is the trade of the decade rn. Accumulation is the name of the game. Dont over complicate it. Just copy trade Tom Lee

---

It appears converting my entire roth ira from ETH to TSLA was a financially poor decision.

TxAG#2011 said:

---

Yukon Cornelius said:

---

IMO eth is the trade of the decade rn. Accumulation is the name of the game. Dont over complicate it. Just copy trade Tom Lee

---

It appears converting my entire roth ira from ETH to TSLA was a financially poor decision.

---

Yukon Cornelius said:

---

It's a legitimate concern. I've shared the same for MsTR. IF mstr fails it'll make btc untouchable by institutions for awhile.

But long term it's irrelevant.

---

Saylor used to hate BTC. I have to wonder if he secretly still does hate BTC and that's his plan all along to make it crash. I'll only approve if it drops BTC down really low so I can buy a lot more before it takes off again.

4.6k. ATH is 4.86k. Hard to imagine we won't test it this week.

Yukon Cornelius said:

---

4.6k. ATH is 4.86k. Hard to imagine we won't test it this week.

---

As stated, be ready for a sudden dip.


(Working so far...shhhh)

Haha if we dip buy some calls

Took my first eth profit at 4600.

Got two other sells at 4700 and 4800. Hoping for a dip from there.

MaroonStain said:

---

Yukon Cornelius said:

---

4.6k. ATH is 4.86k. Hard to imagine we won't test it this week.

---

As stated, be ready for a sudden dip.


(Working so far...shhhh)

---

What does Cramer say?

Stock market trading hours are so insanely archaic. I can't wait for them to port it on the blockchain.

Yukon Cornelius said:

---

Stock market trading hours are so insanely archaic. I can't wait for them to port it on the blockchain.

---

they have to have 24 hour trading now i think. without they can control it, it goes 24 hour, they can't control it.

$BMNR amending 7/24/25 prospectus to upsize issuance from $2.5bn to $20.0bn (not a typo). Big one. pic.twitter.com/zqqQ1EMrCd

— Ricky (@RiskOnBobby) August 12, 2025

More dilution it seems. Get your cash secured puts ready

Yukon Cornelius said:

---

More dilution it seems. Get your cash secured puts ready

---

I dont do puts either since I'm using a 401K self directed account

I did sell everything I bought in the 40 dollar range. Now my cost average is $31. So it can fall about all it wants and I'll buy back

Actually now that I take a second look, the short option is available. It didn't use to be. Still would rather just claim profit and buy back if I still like it when it falls

Not allowed to do options in 401k accts?

I've noticed the premiums jump a lot after the price drop from the dilutions. But because of the NAV they essentially just drop to a strong floor. Sell cash secured puts for a few months out at that floor. Use premium to buy BMNR. It's how I've been accumulating mine.

Yukon Cornelius said:

---

Not allowed to do options in 401k accts?

I've noticed the premiums jump a lot after the price drop from the dilutions. But because of the NAV they essentially just drop to a strong floor. Sell cash secured puts for a few months out at that floor. Use premium to buy BMNR. It's how I've been accumulating mine.

---

I can't do options for sure. I see that shorts are opened but those didn't use to be. I didn't use to be able to trade after hours either but saw that available about a year ago.

Even the regular 401K funds have limits, only 6 moved per quarter

Circle just announced their own L1 blockchain too. Why?

Companies need their own chain for control, speed, costs, uptime. It could even be SQL backend, EVM frontend.

The future isn't Ethereum, but many EVM-compatible chains. Settlement layer is just swapping out to Bitcoin. pic.twitter.com/tMbvHBtUEZ

— TechLead (@techleadhd) August 12, 2025

He's an anti eth person.

I'm not entirely sure why crcl thinks it's a good idea to run their layer one. It kind of defeats the point of a blockchain. They Would be better served to just run a database if they want complete control.

Maybe crcl is trying to generate more revenue and need a layer one to charge a fee for usdc usage. But their problems are like most layer ones 1. Centralization and 2. Liquidity

Thunderstruck xx said:

---

Yukon Cornelius said:

---

It's a legitimate concern. I've shared the same for MsTR. IF mstr fails it'll make btc untouchable by institutions for awhile.

But long term it's irrelevant.

---

Saylor used to hate BTC. I have to wonder if he secretly still does hate BTC and that's his plan all along to make it crash. I'll only approve if it drops BTC down really low so I can buy a lot more before it takes off again.

---

This might be the most absurd post I've ever seen on any message board.

jamey said:

---

Circle just announced their own L1 blockchain too. Why?

Companies need their own chain for control, speed, costs, uptime. It could even be SQL backend, EVM frontend.

The future isn't Ethereum, but many EVM-compatible chains. Settlement layer is just swapping out to Bitcoin. pic.twitter.com/tMbvHBtUEZ

— TechLead (@techleadhd) August 12, 2025

---

I don't think this is bullish for our bags at all. They are trying to cut out all the established chains for their own.

TxAG#2011 said:

---

jamey said:

---

Circle just announced their own L1 blockchain too. Why?

Companies need their own chain for control, speed, costs, uptime. It could even be SQL backend, EVM frontend.

The future isn't Ethereum, but many EVM-compatible chains. Settlement layer is just swapping out to Bitcoin. pic.twitter.com/tMbvHBtUEZ

— TechLead (@techleadhd) August 12, 2025

---

I don't think this is bullish for our bags at all. They are trying to cut out all the established chains for their own.

---

How long will it take for the market to feel comfortable with whatever they come up with


Sounds like a very long term, potential problem

Not sure what this last comment means


"Settlement layer is just swapping out to Bitcoin."

jamey said:

---

TxAG#2011 said:

---

jamey said:

---

Circle just announced their own L1 blockchain too. Why?

Companies need their own chain for control, speed, costs, uptime. It could even be SQL backend, EVM frontend.

The future isn't Ethereum, but many EVM-compatible chains. Settlement layer is just swapping out to Bitcoin. pic.twitter.com/tMbvHBtUEZ

— TechLead (@techleadhd) August 12, 2025

---

I don't think this is bullish for our bags at all. They are trying to cut out all the established chains for their own.

---

How long will it take for the market to feel comfortable with whatever they come up with


Sounds like a very long term, potential problem

Not sure what this last comment means


"Settlement layer is just swapping out to Bitcoin."

---

It means they can't natively handle transfers of BTC. They have to swap BTC for another token which is a problem. Cardano on the other hand has solved this problem.

The opposite. It is bullish. Corps trying to launch their own blockchains is laughable. But it shows stubborn adoption. In CRCLs particular case their moat around issuing stable coins evaporated essentially. The entry level for banks is nothing and there's nothing to stop JP Morgan from taking market share from CRCL. So this might be a play to diversify, entrench itself and generate more revenue etc.

Thunderstruck xx said:

---

jamey said:

---

TxAG#2011 said:

---

jamey said:

---

Circle just announced their own L1 blockchain too. Why?

Companies need their own chain for control, speed, costs, uptime. It could even be SQL backend, EVM frontend.

The future isn't Ethereum, but many EVM-compatible chains. Settlement layer is just swapping out to Bitcoin. pic.twitter.com/tMbvHBtUEZ

— TechLead (@techleadhd) August 12, 2025

---

I don't think this is bullish for our bags at all. They are trying to cut out all the established chains for their own.

---

How long will it take for the market to feel comfortable with whatever they come up with


Sounds like a very long term, potential problem

Not sure what this last comment means


"Settlement layer is just swapping out to Bitcoin."

---

It means they can't natively handle transfers of BTC. They have to swap BTC for another token which is a problem. Cardano on the other hand has solved this problem.

---

Ethereum can't natively handle bitcoin transfer?

That AAVE chart looks ludicrous

What you mean?

$BMNR @fundstrat Tom Lee said $ETH $7500 by year end and why he is bullish on $BMNR https://t.co/pRg9Z27I12 pic.twitter.com/IMppgink8x

— Mike (@MikeLongTerm) August 13, 2025

I'm adding to my $ETH as much as I can. It's little DAC amounts but limited by being in the job candidate pool again. Also upping my $UNI bag as I can.

Waiting to unarse this $SEI as soon as able. Done with staking small amount DONE.

Pretty strong arguements for ETH. Much broader blockchain use case.

Much more utility than BTC which has become merely a finite digital gold driven by supply and demand. Going away from decentralized P2P payment systems that bypassed custodians, to then getting in bed with custodians was worst thing Bitcoiners did.

Tom Lee makes intuitive technical ETH arguements, while Saylor is out making sensational analogies. Wouldn't be surprised to see a major shift away from BTC to ETH over next decade.

FobTies said:

---

Tom Lee makes intuitive technical ETH arguements, while Saylor is out making sensational analogies. Wouldn't be surprised to see a major shift away from BTC to ETH over next decade.

---

Yeah, im watching both closely and plan to take some profit along the way

Did bmnr announce dilution or something

It suddenly went from $71 to $60

Eth itself is at 52 week high

There's certainly several things looming things could be bad for btc. Im net free on all of mine and will sell half on the next gigapump.

The thing to remember about btc is its fueled by extreme speculation that number always go up post halving. IF that thesis is ever even slightly threatened (which it will be) market will sniff it out and start dumping. And thus cascading to a prolonged bear cycle.

Seems like the halving aspect should become less and less relevant over time as there's less remaining to halve

My belief is halving will get pre pumped and dump post halving as miners have to dump to make ends meet. But liquidity to pump was already put in to "frontrun".

Yukon Cornelius said:

---

My belief is halving will get pre pumped and dump post halving as miners have to dump to make ends meet. But liquidity to pump was already put in to "frontrun".

---

Do miners even matter anymore. They're slaving over the last 5% or so right?

Institutions are eating up chunks

Yes. The value is directly correlated to the hashrate.

We can see the game already changing. This cycle we hit ATH BEFORE halving. Why? Market recognized the power of the halving for BTC. But now where are we? Not even a 2X from pre halving ATH. Diminishing returns. This will be a prolonged bull cycle with maybe another gigapump before the next halving. But I predict a massive crash post halving entering a prolonged bear cycle. All the speculation will be placed before hand and there won't be the liquidity for post halving pump. And as soon as that starts to materialize there's no post halving pump people will race to the exits further cementing the bear cycle.