Bitcoin Mining Company SELLS ALL BITCOIN. Goes ALL IN On ETHEREUM. Major Shift Coming?
Bit Digital WAS a Bitcoin mining company but SOLD all of it’s BTC and went ALL IN on Ethereum. Why? This interview tells us as well as on chain data that collaborates his opinion.
Original Interview – https://www.youtube.com/watch?v=1zGjJGzm8qM
Dev Activity – https://www.tradingview.com/markets/cryptocurrencies/prices-development-activity/
and
https://www.developerreport.com/
Coinage Interview w/ Arbitrum – https://www.youtube.com/watch?v=ShuSDre8uog
Visa On Chain – https://visaonchainanalytics.com/transactions
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0:00 – Market Recap | Topics Overview
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25 Comments
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Yikes. This guy doesn't realize alt coins are dead forever.
eth /btc chart looks like the right time to do it to me
Ethereum has infinite Supply….always more.. and more.. remind u of anything.$
Im just apalled by this statement that ETH will provide the rails to the new financial system. Slow clap
They "Missed" the Bitcoin wave, Ethereum is the next wave. That's all I need to hear to know that Sam has not studied bitcoin. He may be a big time Miner of Bitcoin, but he has no idea what Bitcoin is vs Ethereum is. Proof of work via decentralized nodes vs POS which is not as as decentralized and is managed by a creator and team who can make changes on a whim.
Don't like the video bro , Sol is greater in number of developers and is reaching all time highs(in regards to developers not price) Highly undervalued right now. ETH has been bleeding for years and will continue to do so. A stupid choice to sell BTC for ETH this does not suddenly make ETH pump again.
This is madness!
@11:41 This is what I hate about certain crypto projects, people will come on here and re-sell you the wheel. Bruh, Real World Assets (RWA) coins/tokens have BEEN a thing since before ETH went to POS. LINK, XLM, QNT, ALGO, XDC, INJ, CSPR, etc. ALL RWA coins. Theres a whole category. Why would anyone want to use the most exensive gas chain for RWA is BEYOND me. lol
Thank you, great show!!
LFG
Sold all Bitcoin to buy Ethereum? Lets hear from him in 5 years! LOL
Slow and Expensive, seems like pump and dump
😂😂😂😂 fools and their money soon part
I suspect that there are ETH whales trying to push a narrative here. Something smells fishy here.
When Eth runs, I buy Uniswap.
Dude if you are retired and you are bored, you are on the wrong side of life !
What alts are good
Sell Btc for US dollar
Bitcoin
Bruh. They were never gonna make it.
LMAO eth hater
Have any of you geniuses thought, maybe just maybe, this multiple million dollar businesses know somethin you brokies dont? 🤦♂️
Always remember to VERIFY through public blockchain or wallet address if anyone or any company claims to have bought whichever amount of Bitcoins. Saylor got all shifty in a recent interview and refused to show the transactions of supposed bitcoins bought. Do not trust, you must VERIFY.
Building a treasury reserve with a scarce asset makes sense. ETH has no hard cap.