Is anyone else starting to become a bit excited?

Lex Luthor wrote: »

https://www.coindesk.com/investment-giant-alliancebernstein-now-says-bitcoin-has-role-in-investors-portfolios?amp=1&__twitter_impression=true

Those guys recommend to allocate two thirds of a portfolio to US 10 year bonds (not even TIPS). I am wondering what investor profile they are referring to ... even for risk-adverse investor this actually seems unreasonable to me given the already negative real interest rates on those bonds and the fact that the Fed is now openly targeting higher inflation.

But in any case, good to see that the “wall of money” (to quote Raoul Pal) seems to be materialising a bit more every day :-)

cnocbui wrote: »

I predited the recent crash over six years ago. And for those six years I was sure it was imminent, and when it did happen, it wasn't for the reasons behind the original prediction.

So much for timing.

Earlier this year I was in a bind as to whether to invest in the downed market , but hedge fund magers and Warren Buffet and numerous investing legends were arguing aginst it predicting a far larger crash to come.

I'm glad to say I ignored them and invested anyway and am up over 9%.

Go for that killer timing strategy. Good luck.

Jamie Dimon one week. Warren Buffet this week. You must be enjoying living in your house made of solid gold and driving your rocket car.

Mmm, I do love seeing millions of dollars of longs get crushed on Bitmex.

Great way to celebrate ETH 2.0's launch and the genesis block for the beacon chain (about 40 mins ago)

Bob24 wrote: »

Those guys recommend to allocate two thirds of a portfolio to US 10 year bonds (not even TIPS). I am wondering what investor profile they are referring to ... even for risk-adverse investor this actually seems unreasonable to me given the already negative real interest rates on those bonds and the fact that the Fed is now openly targeting higher inflation.

But in any case, good to see that the “wall of money” (to quote Raoul Pal) seems to be materialising a bit more every day :-)

I'd rather go for corporate bonds, they pay better. The one I have is paying 7% pa, quarterly.

Quite surprised with this Honda cluster ... you folks got tired of your Lambos? :-)

cnocbui wrote: »

I wouldn't be so sure, I've had my Type R a lot longer than I've had my bitcoin.

But you and yer Type R are currently correlated with bitcoin?

I'll get my coat. Six months of going even deeper down the crypto rabbit hole may be taking its toll..lol.

At Bitcoin ETP with absolutely no management fee is launching in Sweden: https://www.coindesk.com/swiss-firm-valour-no-fee-exchange-traded-product-stoc-exchange
(I guess they make money by lending-out some of the fund's balance?)

I wouldn't use this myself (I would either self-custody or deposit on a platform which is generating yield for me). But being able to buy BTC exposure from their usual stock-broker with no management fee for the fund might sound like an attractive option to "old-fashioned" investors who want exposure to the asset without bothering with buying/storing it themselves.

The summary is a bit rough around the edges, but I am thinking PayPal brings a new batch of Gen Xers and Millennials, and this type of product brings a new batch of baby boomers and fund managers.

myshirt wrote: »

Is there any guide available on how to stake into ETH 2.0? As opposed to doing it on the exchanges.

Anyone any idea what the lock up period is?

He's stacking bitcoin, not lead ingots.

Dohnjoe wrote: »

Lock up period is 2 years, so if the coin goes parabolic though you won't be able to sell, you would have to sit there and watch in pain as it peaks and drops horribly.

There are over 1 million ETH deposited to the contract already if I'm reading it correctly, and over 25,000 validator deposits.

I don't have 32 ETH to stake myself, nor do I have the skillset to be a validator. Trying to figure out how I could put some ETH into it, but have it spread out. A validator can take a cut of the staking rewards, fair enough, but don't want to be tied up in one node that could go horribly wrong.