Why I’m Buying MORE ETH!! Ultimate Bank Disruptor!! πŸ’―


πŸ“² Insider Info in my Socials πŸ‘‰ https://guy.coinbureau.com/socials/
πŸ›’ 20% Binance Discount πŸ‘‰ https://guy.coinbureau.com/binance/
πŸ‘• “ETH Evolution” Shirt πŸ‘‰ https://store.coinbureau.com
πŸ”₯ My Insider Telegram πŸ‘‰ https://t.me/cbinsider

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

πŸ“Ί Useful Vids πŸ“Ί

Ethereum is Valuable πŸ‘‰ https://www.youtube.com/watch?v=iWKEKffFz6I
Ethereum Scaling πŸ‘‰ https://www.youtube.com/watch?v=bz0y5zUZBaE
Goldman Report πŸ‘‰ https://www.youtube.com/watch?v=pdnBdjyEOuQ

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

– TIMESTAMPS –
0:00 Intro
2:08 Previous Maxi Perspective
5:18 ETH Valuations
7:46 Wall Street Adoption
12:42 Institutions Buying
14:49 London Upgrade
18:44 ETH 2.0
21:38 Conclusion

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

⛓️ πŸ”— Useful Links πŸ”— ⛓️

β–Ί Arthur Hayes Piece: https://cryptohayes.medium.com/yes-i-read-the-whitepaper-59cfa2ea9c2c
β–Ί Goldman Offering ETH Options: https://www.bloomberg.com/news/articles/2021-06-14/goldman-expands-in-crypto-trading-with-plans-for-ether-options
β–Ί Justin Drake Tweet: https://twitter.com/drakefjustin/status/1399326516199239680/photo/1
β–Ί Blockchain Repo Trade: https://www.bloomberg.com/news/articles/2021-06-22/goldman-sachs-begins-trading-on-jpmorgan-repo-blockchain-network
β–Ί Cumulative ETH Burned: https://duneanalytics.com/queries/10149
β–Ί Vitalik Podcast: https://tim.blog/2021/03/09/vitalik-buterin-naval-ravikant-transcript/
β–Ί GS Research Report: https://www.goldmansachs.com/insights/pages/crypto-a-new-asset-class.html
β–Ί Goldman Internal Report: https://www.forbes.com/sites/billybambrough/2021/05/24/13-trillion-crypto-price-crash-leaked-goldman-sachs-prediction-gives-high-chance-ethereum-will-eclipse-bitcoin/

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

πŸ“ Arthur Hayes πŸ“

The co-founder of BitMEX is a Bitcoin Maxi. He wrote a piece that explains why ETH is so valuable. He wrote a blog post that looked at valuing ETH from the perspective of it’s Defi disruptive force.

He looked at the performance of the banks over the past 10 years and explained how they have not being able to generate any returns for their shareholders.

He then takes a look at ETH based on the amount of “revenue” being gas that has been used and compared that to a price.

Basing it on a median price to revenue, if ETH was to even revert back to its mean ratio, it would imply a price of over $32k and if it were to revert to its median its over 9k.

You can also use these median Price-to-Revenue numbers in order to determine what price ETH would be should it only capture a small percentage of traditional Finance’s market cap. I


πŸ“ Goldman Sachs Offering πŸ“

Their head of commodities research was more bullish on Ethereum than Bitcoin and that was mainly down to the utility that there is on the network.

That there are more use cases for it. As a commodities researcher, he holds the view that any “store of value” needs to have an alternative use case as well.

There was also an internal report from Goldman that said ETH was most likely to flip Bitcoin. Goldman has also started offering Ether futures & options to their clients.

πŸ“ˆ Institutions Buying πŸ“ˆ

The most recent Coinshares Report shows that investors have been picking up products like ETPs and ETFs etc.

In the week ending the first of June, funds flowing into Ether investment products was the highest of the lot. I
Then, just the week after we saw that the trend continued. Flows into Ether were almost 3 times all the other flows combined.

It’s not only that they are buying the ETH to hold in their wallets. They are also staking this in order to earn those ETH 2.0 returns. N
πŸ”₯ EIP 1559 πŸ”₯

This is the update to the Ethereum Gas fee market that will see a dynamic “base fee” introduced. This Base fee will be determined by the market conditions and will eliminate the potential for people to bid up transaction fees by bidding up the gas fees.

The most exciting thing about it though is the fact that the base fee will be burned. This means that the supply could eventually become deflationary.

πŸ–₯ ETH 2.0 πŸ–₯

This is the upgrade that will see Ethereum move to Proof-of-Stake as well as a number of other changes including sharding etc.

ETH staking went live in December with the ETH 2.0 staking contract. Since that time, the total amount of ETH placed in the contract is at all time highs with over 5.5 million ETH locked up.

This is important to note as the ETH that is locked in this contract is completely illiquid. T
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

πŸ“œ Disclaimer πŸ“œ

The information contained herein is for informational purposes only. Nothing herein shall be construed to be financial legal or tax advice. The content of this video is solely the opinions of the speaker who is not a licensed financial advisor or registered investment advisor. Trading Forex, cryptocurrencies and CFDs poses considerable risk of loss. The speaker does not guarantee any particular outcome.

#Ethereum #ETH #Crypto #Cryptocurrency #defi #goldman

Concept of Moving Average

I strongly advise getting some education before you trade. Trading is an entirely learned skill. Having dedication for the markets is most important.

Day Trading Is Not Necessarily More Trading

A common misconception about day traders is that they are glued to their trading screens for hours at a time, and trade several times in a session. Some traders do just that. But it is not necessarily so.

Stock Trading Account

You can trade in stocks only through the stock brokers. You can open an account only if you are a US citizen, or, a resident alien. In both cases you need to provide your valid social security number.

Stock Trading – Get Familiar!

The stock market is a total calculative and objective market that needs due care and attention to grab on to sheer returns. Hence, for fruitful returns, it is important to get familiar with various aspects of stock trading.

Day Trading Basics

What is day trading? This is like regular trading in the stock market, involves the buying and selling of stocks, options, currencies and futures in the financial market with the aim of making a profit from the difference between the buying and selling price.

Steady Income From Day Trading Futures

Is it possible to make a steady income from day trading? Of course it is, if you do it right!

Share Market Basics

Day trading is defined as the buying and selling of a security within a single trading day, Day trading is defined as the buying and selling of a security within a single trading day, Fundamental analysis is about using real data to evaluate a security’s value… You can do online stock trading with a minimal investment you should get started today and then start learning about the stock market and choose the stocks you want to invest in.

Good Trading

Perhaps the most important rule I’ve ever learned from trading is never to take home a losing position. Sure stocks come back sometimes, but in the long run this rule is a must: Do not take home losers.

Day Trading – Still A Possible Way Of Earning Profits

Day trading of penny stocks is an interesting option to make big bucks in a raging bull market. In this article you will learn how to do day trading so that you can have maximum profits. You will get best resources to learn day trading and best penny stock newsletter to get hot stock tips.

CFD’s Versus Futures

Many people are attracted into trading by heavy advertising from CFD (Contract For Difference) companies. Is the CFD the best vehicle for day trading?

You May Also Like