10 years ago Ponzi schemes were very popular with many people, when the price of Bitcoin was still very cheap, many people participated in Ponzi, but now Ponzi is unhealthy, everything has the risk of ending in a scam. I have never followed a Ponzi again when the price of Bitcoin could reach this high price. The last time I followed a Ponzi was in 2014 and there were still many Ponzi schemes circulating that year.

Are you mistaking Ponzi for something else? Op meant to say, that Ponzi schemes are like phishing ones, they are too good to be true as they offer high returns with no or less amount (near to negligible). These types of offers convince a person to give it a try and thus they fall for it because Ponzi schemes are meant to be scam offers that are not real.

So how can you say Now ponzi is unhealthy I mean when it was healthy? If 10 years ago it was very popular does it mean Ponzi schemes were also real and they give people money they promised them? And what do you mean by the relation of BTC's high price with ponzi, as only in this time such schemes are coming in hot while in bear they are not? Besides that your words don't make logic. Please explain.

Yeah but not more than any other wallet, as a seed is a seed and as long as you own it, your funds shouldn't be lost even if you break or lose your hardware wallet.

You are right we can recover our funds if we have those 12 or 24 words, but I was saying its a little hard to manage the hardware wallet, I mean if it breaks or its LCD is damaged as I have seen a lot of hardware wallet's complaints that after not using them for a long time their LCDs are not showing anything at all. And repairing the LCD from a person who might know about cryptocurrency is a risk to your assets.

And the money spent on that hardware wallet will be wasted as well. So that's why I passed the HW besides its hard to get them in this country as it charges us more than usual customers as it's not local we have to pay huge taxes on it. Overall for those who can easily get it and manages it should buy it because its the best choice there but choosing the right one is also a problem as many are centralized and many are not but they are either closed source. So its not that hard to find one.

PS: I know replying late, I missed it.

Considering the OP post time I will say he was right, if BTC successfully managed to maintain that price it can definitely touch the new ATH even and many people are also saying it can make new ATH as well. Overall whether it drops or not, I am optimistic about its price as in the long run, BTC is going to make new ATH as its in its nature to make new ATH after the halving event.

Although since the halving event, I have not seen any miner bragging about the block reward I think they already are earning more than enough from the block reward and from the fee collectively. Well, that's a good thing as well. I think BTC will make a new ATH of $80k what you guys think can it reach the price of $100k or more?

The ethereum ETF has been approved, dude.  But we have not seen ethereum have a good movement, I am also waiting for the news.  If someone wants to manipulate to sell ethereum, I plan to buy it according to my ability, because I have prepared USD for this.  Learn from previous experiences, when bitcoin ETFs were approved.

You are right, at the time of BTC ETF approval we all were expecting it to increase its value quickly like it would be a big pump after the news. But when news after all those dramas came, the price showed no good impact. I was so disappointed at that time as I thought there would be a big pump. Then I thought maybe with time it will increase its value but it did the opposite of it. I don't know why but when with time money started to flow into it.

The prices started to shoot up and came to the point it made new ATH even before the halving. And speaking of this behaviour of BTC I think ETH will also follow the same. And this time half of the smart people involved in crypto have this thing in mind and they must be accumulating as much ETH as they could. Because IMO this is the best time to accumulate.

"Jian Wen, 42, was involved in converting Bitcoin into assets like luxury houses.

OMG BTC of worth $2 billion which now has become more than $3.2 billion due to the price fluctuations in money laundering is big news. I mean I am flattered BTW from the fact that how it became 3.2$ billion due to price fluctuations, this shows that those who have invested big will definitely going to earn big as well. That's an obvious thing well so let's focus on the case only.

When I saw the woman's face I thought she must be some kind of culprit I mean by the looks on her face who would say she had so much money, it seems that she is not a social person maybe, I am glad the process of money laundering has been stopped due to this person. As still the governments of the UK and authorities there will talk bad about BTC, they won't say a word about how she Money is laundered in Gold and via properties they will only talk about BTC as the more amount is in the form of BTC where are the stats showing he had some X money in gold or X money in Properties. Why only go after BTC. That's strange.

I am optimistic that once the Bitcoin ETF is successfully approved by the SEC this year, 2024; there is the possibly of an ethereum ETF in near future. I think that the success of the Bitcoin ETF will determine wether there may be other ETF, for instance, ethereum, Binance, Tron, Solana, polygon ETFs. Now, Do you think other ETFs could follow Bitcoin ETF? Just your thoughts, thank you.

I don't think there will be ETFs for BNB, Tron Solana or Polygon because these are not securities, SEC has declared 4 token securities and those are if I am not wrong, Bitcoin, Ethereum, Litecoin, and Bitcoin Cash. And considering this list, I think the next ETF would be of Litecoin, everybody loves it btw and then BCH.  I am not a fan of BCH and also don't know the stats of this token.

And yeah as of writing this post ETH ETFs have already been accepted and the price is increasing day by day. Yes, other ETFs will definitely follow BTC because of the time when Neil Armstrong landed on the moon, it streamlined ways for others to land as well. Same here BTC is Neil Armstrong. The pathway has been cleared by BTC that's why it was difficult for BTC and it won't be for other behind.

Do you think that Ether's different ETF approval process is a political influence or something else?

Your post is not making sense to me right now, as the news source you have provided is totally talking about the decisions and nature of the 5 people who voted back at the time of BTC ETFs and now they are concerned about ETH ETF's on the basis of nature of these 5 people who voted back then. By simple means, what the news has tried to compile is, they review the recent interviews, and statements of these 5 people (who voted) to understand their thinking and why they voted against and why not, so they could predict their next vote for ETH.

One of the voters, (Hester Peirce) showed his interest in the crypto industry, she voted for the approval of BTC back then and she seems to vote for ETH ETFs as well. Due to the involvement in the Ether community. Now can you explain a little why you think the process for both was different as I don't read any difference in the source news you provided. Plus there might be more and lesser strictness now and then, as BTC ETFs were first and ETH ETFs are second so ETHs might not have faced such difficulties to get approved.

I’ve been holding onto my Ethereum and Bitcoin cash for a while now, and honestly, I’ve been unsure about what to do with it. I know ETH is a valuable asset, but simply holding it doesn't seem like the best way to maximize its potential. Price has been flying up and down recently, but i'm bullish on it with the upcoming ETF approval, that is if it was approved it will be a plus for most retail holders like myself. Do you have any idea how i can make the most out of my holdings.

Yes, you can earn money by just holding Ethereum because it's a good coin for long-term investment, as of writing this post, ETFs have been approved and the prices have increased a lot. And day by day, just like BTC the price of ETH will decrease and increase. The type of increment are expecting with ETH due to ETF approvals is not going to happen because they same expectations we had with BTC ETFs.

So I think ETH ETFs will follow the BTC ETFs pattern, and that is it will decrease its value for the first few months maybe and after that there will be a boom in the price of ETH and we will see it at $6000 and many people including me are also saying it can easily touch $10k target. Which according to me is a good option. And ETH is going to give you more returns in compared to BTC as it can easily give you 2x at CMP while BTC can't give you more than 1x at CMP.