DigitalDollars
1.3K posts


@patrickbetdavid watching the jubilee 20 vs 1 debate makes you realize people don’t want to debate anymore, they just want to share their opinions , even if it’s completely off topic and drowned in zero fact, so they can feel smart/proud of themselves.
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DigitalDollars أُعيد تغريده

Hey Rachel @Maddow - Bitcoin isn't a bubble. It's the pin.
This video may change your life. 👇
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DigitalDollars أُعيد تغريده

@alexbasil @SmythsNFT @MeegosNFT Fountain of youth unfinished. Forge useless. Bad marketing. Meegos mayhem a bad copy of fall guys…seems pretty fairly valued
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biased but @SmythsNFT is insanely undervalued for what we're cooking.
'25 will be the year of web3 gaming and @MeegosNFT Mayhem will be fully fleshed out and ready to push.
been here for 3 years, constantly evolving and improving.
place your bets, build your conviction.
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@SOL_mfer @MagicEden @ZhuoxunYin @MagicEdenWallet I got an OG magic ticket air drop at the time yet have no OG bonus eligibility in this ME. Classic MagicEden
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The $ME airdrop has to be 1 of my biggest disappointments in the history of crypto.
I’ve been an early Magic Eden user since their launch in 2021.
- Minted a ton on launchpad.
- OG contribution from the early days.
I spent significantly less on $TNSR and received much more in terms of rewards.
I also have 2 x wallets that have diamonds allocated yet it states ‘Not Eligible’.
Are you happy with your allocations?

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@MEFndn @MagicEden Awful at rewarding any actual OGs. Some things never change with ME.
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1/ Christmas came early because the $ME eligibility checker is NOW LIVE! Show us yours 🤩
Visit mefoundation.com to link your cross chain wallets and check your total $ME allocation. You'll need your desktop & @MagicEden's mobile app.
All allocations are final.

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For the 1st time in 3 years, there is an actual chance that #ETH / #BTC has bottomed. If it has not bottomed, the actual bottom should only be marginally lower than the current bottom of 0.03465.
Evidence for a bottom:
-ETH/BTC daily close back above 50D SMA. In 2016 and 2019 once that occurred after ETH/BTC durably broke down, the low was in.
-In 2019, ETH/BTC bottomed about 5 weeks after the 1st rate cut which lines up with the current cycle.
-BTC dominance has retraced to the 0.618 Fib (60%), which marked the top for dominance last cycle.
-In 2019, ETH/BTC bottomed around the time of the 2nd rate cut, and we just had our second rate cut this cycle.
Evidence against a bottom:
-Last cycle, ETH/BTC bottomed when QT ended and QT has not yet ended this cycle.
-Normally BTC dominance goes up in Q4 of the halving year, with a brief reprieve in mid-November. So there is still a chance that ETH/BTC goes down in December, but it might just correspond to a higher low.
My thoughts:
I think there is a solid chance the bottom is in for ETH/BTC. If it is not in, it is possible it goes slightly lower, but I'm currently leaning 60/40 on the bottom being in.
The window for ETH/BTC to go lower is before EOY. If ETH/BTC does not go lower before EOY, then I absolutely think 0.03465 was the bottom for this market cycle.
One potential outcome is that the bottom is in, but it double bottoms or puts in a higher low around the time that QT ends. Hard to know for sure.
As I said in the quoted tweet below, hedging makes sense. For the last 3 years, it was easier to just stick with a BTC-only portfolio, but ETH/BTC will likely go up in 2025.
I know I have also made a case for ETH/USD to go "home" to the lower logarithmic regression trend line.
Clearly that idea could be wrong. If it happens, it happens. Remember that ETH/BTC and ETH/USD are not the same. If ETH/USD does go home, ETH/BTC could still go up.
Since I value my portfolio in Satoshis and not US dollars, I think ETH has a place in a crypto portfolio again. I converted my ETH to BTC in 2022 at 0.0749. By converting back to ETH at around 0.035, I effectively doubled my ETH by just chilling in BTC for 2.5 years.
Thanks for following along with the trade idea, and for those who stuck around. I know it may seem weird for me to own ETH after talking about it going home, but I'm not willing to risk not having ETH in hopes that the other theory comes true. Having one multi-year theory come true is enough of a win for me to start taking action.
If ETH does go home, then it just present a great opportunity, but I'm not going to lose sleep at night constantly wondering if it is going to happen.
I cannot know for sure where the bottom is for ETH/BTC but 0.03465 is good enough for me (and honestly 0.0375 was my target from back in 2022).

Benjamin Cowen@intocryptoverse
ETH is not dying. #ETH / #BTC is doing what it always does. I think ETH/BTC bottoms this quarter and goes up in 2025. Once ETH/BTC passes the 50D SMA, the bottom is in IMO. Still a risk ETH/USD drops one more time in Nov/Dec but hedging makes sense
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