Crypto-trading thread

1,218,290 Views | 11416 Replies | Last: 16 hrs ago by Yukon Cornelius
Yukon Cornelius
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AG
My apologies if it comes across that way. I try to be incredibly clear when money is involved. People say a lot of nonsense on this thread that could lead people to lose a lot of money. I'll leave yall to it though.

It's funny because HA was the one who popped in purely to talk trash about peoples investments. And all I did was say what he was saying is factually incorrect because it is. And I gave him the benefit of the doubt by saying maybe he doesn't know how ethereum works. Because if anyone did you would know how BMNR isn't a Ponzi scheme. But his posts carry weight and people might be induced into panic selling at an in opportune time based on 100% inaccurate information. Which can be quite painful and hard to recover from one. Im not sure what about my posting style gives off being arrogant but im no where near an arrogant person. Purely trying to keep it just to accurate information here. Maybe that rubs some people the wrong way? To each their own though. But you were also the one trying to get a dig at me when I've never said anything like that to you.
FobTies
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Tom compares BMNR to oil producers. Not sure thats the best analogy, as oil operators aquire oil much cheaper than they store/sell it. An energy utility provider might be a better analogy for their future biz model.

If this crypto sell off proves to be a low water mark for ETH as BMNR secures their 5% target, it will secure their fate. If ETH slides and chop sideways for an extended period of time, the dominos might start falling. Guess we will know in coming months.
Heineken-Ashi
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Yukon Cornelius said:

My apologies if it comes across that way. I try to be incredibly clear when money is involved. People say a lot of nonsense on this thread that could lead people to lose a lot of money. I'll leave yall to it though.

It's funny because HA was the one who popped in purely to talk trash about peoples investments. And all I did was say what he was saying is factually incorrect because it is. And I gave him the benefit of the doubt by saying maybe he doesn't know how ethereum works. Because if anyone did you would know how BMNR isn't a Ponzi scheme. But his posts carry weight and people might be induced into panic selling at an in opportune time based on 100% inaccurate information. Which can be quite painful and hard to recover from one. Im not sure what about my posting style gives off being arrogant but im no where near an arrogant person. Purely trying to keep it just to accurate information here. Maybe that rubs some people the wrong way? To each their own though. But you were also the one trying to get a dig at me when I've never said anything like that to you.

Talk trash?

It's just my perspective from observing Tom permabull Lee for a long time, and from observing proxy plays on speculative investments that track the Nasdaq. Have fun and good luck. I'm not the one risking losing money by telling people to avoid massively speculative levered investments.
Yukon Cornelius
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AG
I mentioned several months ago, I'm too lazy to find the posts here, that uniswap will transition from a foundation and create a way to share revenue with token holders.

The finally announced it. Token pumped 30% but it coincided with the general market down turn. This is probably a really good entry into it if we don't see the market continue to bleed out. I'm getting a decent position here.

https://www.coindesk.com/markets/2025/11/12/what-uniswap-s-latest-proposal-really-means-for-uni-token-buyers
jamey
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AG
LMCane
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I have always liked your analysis and style Yukon!

LMCane
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the problem with Bitmine (which I own)

is that there are a lot of additional expenses in that stock over just owning ETH.

so not sure why I should keep helping Tom Lee instead of just owning the underlying asset.

thoughts?
Yukon Cornelius
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AG
My general thesis for BMNR is they will process the transactions as the dedicated miner for institutions. So they will be valued based on holdings and an earning multiple. IF it works out how I think it will, of course I could be wrong and adoption never really is realized.

I can't over state how important it is on ethereum if you're trading any significant amount of money to have your own miner.
jamey
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AG
Wokder if this is bad for ETHA


Done7
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Buying alts right now is not smart. Most can and will likely bleed an additional 50%. This isn't the time to buy Alts.
Yukon Cornelius
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AG
Been waiting for this. Hopefully it shows they are on the right direction. Thought some Friday calls on it
techno-ag
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AG
Bitcoin in the 80,000's.

The left cannot kill the Spirit of Charlie Kirk.
ag94whoop
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AG
Is bitcoin and mstr set for total collapse?
Sure isn't looking good right now
GeorgiAg
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AG
I tried a few months ago to set up the ability to wire money at my bank so I could buy more crypto. The lady at the bank messed it up, and I just gave up on it.

I need to go buy her lunch or something.
techno-ag
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AG
GeorgiAg said:

I tried a few months ago to set up the ability to wire money at my bank so I could buy more crypto. The lady at the bank messed it up, and I just gave up on it.

I need to go buy her lunch or something.

Just use Robinhood.
The left cannot kill the Spirit of Charlie Kirk.
LMCane
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GeorgiAg said:

I tried a few months ago to set up the ability to wire money at my bank so I could buy more crypto. The lady at the bank messed it up, and I just gave up on it.

I need to go buy her lunch or something.

why don't you just use COINBASE?
GeorgiAg
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AG
I think I'll sit this out for a bit.
jamey
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AG
New Bill- Pay your taxes in bitcoin and theres no capital gains on btc

jamey
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AG
Yukon Cornelius
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AG
Thank you. Good to see this finally come out
Aggie1205
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AG
will25u said:

Here ya go. Another Trump opportunity if anyone is so inclined. ETH based. Presale.

https://www.worldlibertyfinancial.com/


https://x.com/worldlibertyfi?t=xOmUlRbCXjXGemFF3xNE8A&s=09

Will Trump hold another event to get the price of his token back up? Looks like both it and the Melania one are simply declining. Hope the one poster didn't but much of the Melania coin for $100.
Yukon Cornelius
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AG
RIP. Trump coin is likely the peak of memecoins forever
Heineken-Ashi
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Hope yall got out of MSTR and all of its products.
MaroonStain
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AG
Alright, who took a dump on crypto? The Grinch has made an appearance for a true crypto winter
LMCane
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if you sell $1000 BTC on coinbase do you have to declare that on your taxes?

what is tax rate when you sell?
Yukon Cornelius
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AG
Yes.

It's treated as cap gains.
@NFLPlayerProps
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ETH and BNMR are so cooked. God bless
@NFLPlayerProps
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Heineken-Ashi said:

Hope yall got out of MSTR and all of its products.


I did, but this feels like a bottom (assuming BTC can hold). They just raised ~2 years of preferred payments in one week
Heineken-Ashi
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@NFLPlayerProps said:

Heineken-Ashi said:

Hope yall got out of MSTR and all of its products.


I did, but this feels like a bottom (assuming BTC can hold). They just raised ~2 years of preferred payments in one week

It's not. But good luck.
@NFLPlayerProps
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Ok. Will continue holding BTC as I have since 2017. Thanks.

Vanguard finally capitulating:

flashplayer
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AG
Heineken-Ashi said:

@NFLPlayerProps said:

Heineken-Ashi said:

Hope yall got out of MSTR and all of its products.


I did, but this feels like a bottom (assuming BTC can hold). They just raised ~2 years of preferred payments in one week

It's not. But good luck.


Sorry if it's not that far back in the thread but what are you looking at? $50,000?
Yukon Cornelius
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AG
lol nah
Ag CPA
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AG
Heineken-Ashi said:

Hope yall got out of MSTR and all of its products.

The equity is now trading below the total bitcoin value, seems like that is a kiss of death for these ponzi funds.
Yukon Cornelius
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AG
Maybe. I think it's a little early to call it. I may be mistaken but they don't have any bonds reach maturity for another two years plus. Which apart from a tax obligation they can't be forced to liquidate any btc until then. It very well may end up in a failure but it's still too early to tell.

Personally I've never understood the benefit to MSTR exposure once the ETFs were approved so that may be what ultimately kills it. But time will tell.
jamey
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AG
As I understand it companies like ARK Invest cant buy ETHA or IBIT, they have to use the treasuries for exposure
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