While 1559 included a burn mechanism and over 16K (around $50 million) have been burned, the supply is still increasing so I don't know that we can call it deflationary just yet. Glad to see the price get some upward action as more people realize that it's the king of crypto action. Bullish!
https://etherscan.io/stat/supply
https://etherchain.org/burn
An illustration of the potential of small crypto bets: the AXS tokens I bought for under $0.40 are over $40 now. I only bought $110 worth and just cashed out $6,700 and still have a hundred tokens left.
What watch did you buy with those tidy profits? 😁
If ETH keeps pumping, I may be able to treat myself to something nice. I'm thinking a Pelagos is next on my list.
If ETH keeps pumping, I may be able to treat myself to something nice. I'm thinking a Pelagos is next on my list.
Same, but I’m going for this bad boy:
https://www.seikowatches.com/us-en/products/prospex/spb237
I really liked my Pelagos. It's one of the most toolish tool watches available, and the clasp is arguably the best one available.
What watch did you buy with those tidy profits? 😁
I’m holding out for a GMT-Master2 or a 214270 with lumed numerals, but they keep going up, too.
Nice! I've been wanting one for awhile now, but we are probably due for a new vehicle this year instead. We shall see how the crypto bull run treats me.
I'm mostly only all ETH, with a couple altcoins, and a little yield pool nonsense for fun. I figure, ETH seems to have the most use cases if crypto really becomes mainstream.
Elon will fart, and Bitcoin will be $20,000 next week. (Or I invest today)
Are you gentleman serious about getting something like a pelagus etc with ethereum? I do think it’s cool to use it as a currency but I know one gentleman who has what would now be a 500,000k computer as was early in crypto and used to use Bitcoin to buy computer towers and what have you. He taped it off in his living room with police tape. I have no clue if it really would be half a million today and it’s not realistic to expect those kinds of gains in the future. It could drop to zero any I minute so I see the attraction of utilizing it I just got HODL built in
Oh, I meant more like: if ETH goes to $10K+, I might relax my investing and treat myself to something nice. Our family is grinding away at a 60%+ savings rate and I've managed to only splurge on one nice watch this year precisely because we're really focused on loading up our retirement accounts.
I hear you though. I do often lament having a watch collection instead of putting all the money into crypto the last 5 years. But, then I'd have nothing to chat about you fine ladies and gentlemen.😁
