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LM's avatar

I'll reluctantly be the one to ask. You mentioned alts. Have you looked into Zcash? Apologies if I missed in other posts.

Additionally, given your positions and long-term macro view on crypto generally, how impacted are you planning to be by where we are in the cycle? I'm leaning to just holding what I have and adding when it feels oversold. Crystallizing gains isn't as fun in year 10 of crypto as it once was and I can handle the movements.

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Arbitrage Andy's avatar

And that was the top 😭😭😭😭 jk, I think it’s different this time (insane take) but given institutional capital, where broader market is, etc. I don’t think Zcash pump will be the top. I don’t know too much about it except the privacy angle (monero similar)

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spartacus's avatar

Yeah things were pretty good until 10:57am today. Fun way to end the week.

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LM's avatar

I have to take full responsibility for this.

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sean's avatar

ZCash I think can go higher into the 300-400 range. It is 1 of 2 privacy coins, and would be actually private if you put it in the correct wallet.

Monero, I believe defaults to that, but I don't know what exchange to buy Monero on at the moment. @Naval's tweet on X a couple weeks ago really re-ignited ZCash back into play that we haven't seen in years. The market cap is low, and ZCash is a super rare crypto currency in a sea of 10,000 useless cytpo currencies that does something useful.

I bought in at $147 for transparency.

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Canadian's avatar

What probability, if any, would you assign to the likelihood of the US govt acquiring stakes in BTC miners?

Seems like a strong possibility if they are going to have a strategic reserve, but maybe I’m way off base

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sean's avatar

$UAMY was a good find. Gemini, Grok and Chatgpt wouldn't give me that one in a hundred queries.

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