Quote from: dekafee79 on May 10, 2024, 05:53:52 PM

Yes, many ethereum users are moving to Solana and BNB. The ethereum network has many weaknesses with high gs fees which burden users. but for big investors they still believe in ethereum, this is what is difficult for Solana and BNB to beat ethereum

As long as Ethereum still does not fix this problem, it is certain that ethereum users will decrease and this will have a direct influence on the price of ethereum in the market. Investors and other whales still believe in Ethereum because Ethereum is the network that has the best security.

yeah I consider ETH to be the worst coin to hold and stake. I see a long drop in its price and no hope for longterm gain to a number such as 10k would be next to impossible.

Quote from: Lucius on May 11, 2024, 03:20:23 PM

Are you referring to this cycle or in general that it will no longer be possible to buy under $100k? In any case, I believe that regardless of the strength of the bull run, in the end there will still be a correction, and that it will not be less than 50%, which will mean that at some point the price of BTC will again be as it is today (possibly even lower).

As for hesitating and waiting for the "right moment", it is certainly some kind of game or even gambling - because although it is possible that the price will fall even lower, it is also possible that it will not be much lower than the levels we had recently. In addition, a lot of people today are not at all satisfied, even when you tell them that within 1+ years they could earn 100% if they invest in BTC, because they dream of earnings from the past, and today's numbers are missing at least one 0 more that is not at all realistic.

After the next bull run cycle, the probability of Bitcoin falling below $100k is not inconceivable, but it is unlikely. I'm not sure when BTC will reach $200k-400k, and if I tell my kids that I bought my first BTC below $400, they'll never believe me if they don't see a Porch or a Ferrari in the basement. LOL  My current purse is not enormous, and I feel that BTC is becoming further out of reach with each passing year.

Gambling is a way of life, so I'm just taking my chances now; if it falls below what I expected, I'll stack 70% of my savings; if it stays the same or rises slightly, I'll stack 40% of my savings and gamble 30% on Ethereum.

Sorry for your eth choices but to each Thier own. My thoughts on eth is it is a dead coin and get out of it. Move your eth to Solana.  My thoughts are just that thoughts. I have fully liquidated all my eth and happy I did it.

well it is only 20 days past the ½ ing and things suck for mining ⛏️.


if you dca and hodl it is a non issue.

With the "bearish" mood of the Bitcoin market right now just around two weeks after the halving, many are really wondering where is the direction the King of Cryptos can be taking us and whether we can soon see the impact and benefits of the halving come to the market so we can experience a new bull run either this year or 2025. Now, we know that halving will not immediately make Bitcoin a very attractive asset again...and surely this can be taking some months.

According to Bitfinex market report: "Bitcoin could experience up to two months of price consolidation following the halving.
Bitcoin could continue to be the price action benchmark for the crypto market in May and the leading indicator for the entire cryptocurrency market cap. In addition, the macroeconomic environment is more resilient than in previous years and the likelihood of rate cuts remains low in the short term."

In case this analysis can be true, then it would be good to just continually hodl and wait as this is not a question of IF but of WHEN. This can be the best time to exercise caution and not be swayed by temporary movements of the market and look for the long-term prospect of Bitcoin.

Or we could jump up to 111k by June 1


Don't lock into short term. move to 2025 and beyond

I continue to stack my btc. Hoping for a strong run in the fall.

I will add some Solana as I am stacking it.

IT IS May so I am locking thread.