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Ethereum Market Cap Reaches New Highs, Surpasses Visa, Walmart and JP Morgan
Yahoo Finance ^ | 05/12/2021 | Savannah Fortis

Posted on 05/12/2021 9:14:18 AM PDT by SeekAndFind

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1 posted on 05/12/2021 9:14:18 AM PDT by SeekAndFind
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To: SeekAndFind

2 posted on 05/12/2021 9:15:08 AM PDT by SeekAndFind
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To: SeekAndFind

It is also worth noting the sudden appearance of "Internet Computer" which was released Monday and is now in the Top 10 cryptocurrencies by market cap...



A quick look into the token’s issuing authority, Internet Computer, described it as a “blockchain-based cloud computing project” that proposes to build an open, public network. But the biggest takeaway for traders was the involvement of high-profile institutional players in the project.
3 posted on 05/12/2021 9:17:04 AM PDT by SeekAndFind
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To: SeekAndFind
Stanley Freeman Druckenmiller is an American investor, hedge fund manager and philanthropist. He is the former chairman and president of Duquesne Capital.

Stan Druckenmiller warned that Fed/Government policies are putting the dollar's reserve currency status at risk andcryptos could be the solution...
4 posted on 05/12/2021 9:19:20 AM PDT by SeekAndFind
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To: SeekAndFind

As I write this, Bitcoin is down 3%, and gold is down 1%.

Strange, since BC and gold are supposed to be the monetary antidote for inflation.


5 posted on 05/12/2021 9:21:18 AM PDT by zeestephen
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To: SeekAndFind

Investing in stuff that has real value and is backed up with hard assets like infrastructure, machinery and real estate is so yesterday.


6 posted on 05/12/2021 9:21:46 AM PDT by fireman15
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To: SeekAndFind

So new crypto appear out of nowhere, adding to the aggregate “monetary” base of them. And why is that not like some central bank inflating the money supply, by printing new $20s?


7 posted on 05/12/2021 9:32:15 AM PDT by BiglyCommentary
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To: algore; aMorePerfectUnion; amorphous; Andyman; ARGLOCKGUY; abishai; battletank; ...

PING!

(If anyone wants to be on the crypto ping list, pm me)


8 posted on 05/12/2021 9:35:15 AM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: BiglyCommentary

Perhaps because like stocks or bonds, regular currency is paying for them?


9 posted on 05/12/2021 9:36:48 AM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: SeekAndFind

In before “Tulip-mania” is invoked!


10 posted on 05/12/2021 9:37:30 AM PDT by Carpe Cerevisi
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To: aMorePerfectUnion

I moved coins from my underperforming Ox into Etherum.

ETH is currently at $4,091.31. I’ve seen predictions it will clear $10,000 this summer.

Buy it. Buy it now.


11 posted on 05/12/2021 9:43:06 AM PDT by Responsibility2nd (Actual FR Quote: “I ain’t getting no Covid Vaccine. I’d rather get Covid and DIE before I get a jab.)
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To: SeekAndFind

A quick look into the token’s issuing authority, Internet Computer, described it as a “blockchain-based cloud computing project” that proposes to build an open, public network. But the biggest takeaway for traders was the involvement of high-profile institutional players in the project.

_________________________________________________________

ICP.

Down 24% as I type this. It went nuts. $75.00 a coin. Now $309.

Too volatile.


12 posted on 05/12/2021 9:47:04 AM PDT by Responsibility2nd (Actual FR Quote: “I ain’t getting no Covid Vaccine. I’d rather get Covid and DIE before I get a jab.)
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To: Responsibility2nd
ETH is currently at $4,091.31. I’ve seen predictions it will clear $10,000 this summer.

How's ETH 2.0 coming along? When that comes out, I expect it will go over $10k

13 posted on 05/12/2021 9:51:30 AM PDT by Pollard
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To: Responsibility2nd

So if someone contracted to pay 1 ICP now they have to shell out 4 times as much to settle. That sounds real exciting.


14 posted on 05/12/2021 9:53:04 AM PDT by BiglyCommentary
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To: aMorePerfectUnion

PING


15 posted on 05/12/2021 9:53:05 AM PDT by PMAS (Vote with your wallets, there are 80 million of us - No Amazon, No Chy-Na made )
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To: BiglyCommentary
When I think of ICP, I think of this . . .


16 posted on 05/12/2021 9:58:22 AM PDT by Responsibility2nd (Actual FR Quote: “I ain’t getting no Covid Vaccine. I’d rather get Covid and DIE before I get a jab.)
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To: PMAS

If YOU would like to be on a CRYPTO PING LIST, please pm me.

The Crypto Ping List covers the following:

Bitcoin
Ethereum
Other coins built on the Ethereum blockchain
mining
etc.

Thanks! For it - or ag'in it, it'll be a wild ride.

17 posted on 05/12/2021 9:58:26 AM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: BiglyCommentary

—”And why is that not like some central bank inflating the money supply, by printing new $20s?”

Not a problem with cryptocurrencies; “there is no there there”

G. Stein knew all about it.


18 posted on 05/12/2021 9:59:46 AM PDT by DUMBGRUNT (("The enemy has overrun us. We are blowing up everything. Vive la France!"Dien Bien Phu last message)
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To: zeestephen
Strange, since BC and gold are supposed to be the monetary antidote for inflation.

Nothing goes up every day... but crypto in general has continued to rise.

19 posted on 05/12/2021 10:00:33 AM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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To: Responsibility2nd

Hard to say what the future holds, but great buy!

I continue to HODL some BTC, as well as far more ETH and many positions in lesser known coins.


20 posted on 05/12/2021 10:01:37 AM PDT by aMorePerfectUnion (I'd rather be anecdotally alive than scientifically dead...)
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