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China just kicked off the bull run
Zachary Jones
Jeremiah Ramirez
Ethan Moore
thank's just sold 10k
William Howard
I’m surprised people aren’t paying more attention to the Grayscale thing. TLDR there is so much demand from institutional boomer money that they are currently paying a 500% premium to invest in ETH via their Grayscale Ethereum Trust.
Owen Gutierrez
Thanks China, very cool
Nicholas Jenkins
Source? Proof?
Literally who Twitter posts don't count
Luke Moore
NI HAO WEALTHY CHINAMAN
Anthony Allen
Wow you are stupid.
Zachary King
You clearly shouldn't be investing in anything.
Jace Peterson
LETS FUCKING GO
William Hall
Evan Lopez
dispute my claim then broke faggots
Jack Powell
>Just
That happened two days ago
Aaron Carter
no one seems to be fazed by Grayscale buying every second ethereum that is mined in a historically tanked market lol
bitcoinik.com
Carter Martinez
if anything, this is bad news. you TRUST china?
Cooper Torres
I trust China is trying to make money as the world is dropping it in their supply chain.
Ethereum is new digital oil.
Adrian Lewis
Technically it is not going to be your Ethereum, it belongs to the communist government of Chyna if it is deemed to be "property" especially if it is protected by "Chinese laws"
Kayden Brooks
It's a managed trust. There is buying and selling conducted to attempt to maximize profits. Not everyone wants to spend hours doing TA. Fucking faggot.
Jaxson Gonzalez
this. plus most companies have 100% 401k matching. So in reality the premium disparity isn't that bad
Grayson Cruz
grayscale is a way to dabble in eth without having to take a loan against your 401k
Michael Morales
No one is fazed because Ethereum has infinite inflation.
Brody Martinez
Jej
Jeremiah Cooper
infinite deflation soon
Isaiah Davis
kek this is some mental gymnastics if i’ve ever seen it. durrrr a 500% premium isn’t that much because my employer matches 6% of my contributions listen to yourself
Carson Wilson
SO China wns BTC and now ETH.
Great.
this means BSV and ETH2 wil explode.
Hudson Watson
yellow disinformation
Luis Perez
Wait can I put my 401k into this?
Nathaniel Cooper
I bet this is their way of accumulating ETH. Chinamen now can legally use ETH as collateral/security in all kinds of purchases/aquisitions or rent. And chinks being chinks most of them will gamble and the gov can easily seize their funds in any case
Hunter Rogers
That's not what's happening at all.
Have you even looked at their returns?
They're trying to offset massive losses banking on a price uptick.
The inception date on Eth was when the price was $700
Jesus Christ, look at this sheet
Would you invest in this?
The only good call they made was BTC.
Almost everything else they bought at or near the ATH
grayscale.co
Nolan James
I hold a lot of GBTC.
Aaron Perry
yes
Robert Morris
they have a fucking ZEC fund? when is that shit going to be able to be traded on OTCMKTS?