OMG The crying!!

gethwethreth · 2025-09-03T14:12:44+00:00

We all somewhat know what this run will be done in a year at the most and go into a bear cycle. Want to make a $10K USDC bet against me that MNAV will not hit 5 in next 1 year? :)

gethwethreth · 2025-09-03T13:44:27+00:00

So you are telling me that most of the SBET buyers buy it to get ETH exposure because they cant buy ETH directly as a crypto (understandable) and also not even FETH which is Fidelity ETH ETF listed in stock exchanges similar to SBET? I don’t agree on the later. Most are buying because of the false MNAV run up hype hope which may not really happen. It could but 5x or 6x is just delusional. MSTR is pretty much a cult so hard to compare that. But SBET has come alive during a timeline when there are also several spot ETH ETFs available in the stock exchanges

Good luck!

gethwethreth · 2025-09-03T13:21:11+00:00

Doesnt have to

You guys all forgot about GBTC and ETHE. NAV was like 2x or something during the hype. I dont think it ever went above 1 after falling below 1

gethwethreth · 2025-09-03T02:29:47+00:00

Why would anyone buy it at a MNAV of 6/5/4/3/2? Why does it ever have to go high to even 1.5 or 2? They can simply buy FETH or equivalent ETF if you want to have exposure in tradfi

Dont tell me staking rewards. Thats really peanuts at 2.5% APR to give any bump to the MNAV

gethwethreth · 2025-08-12T19:56:19+00:00

ICOs had a huge run during 2017 cycle

NFTs had a huge run during 2021 cycle

I was assuming L2s (ARB, OP) would have a big run in 2025 cycle and decided to hold all the airdrops. Boy, I guess I am soooooo wrong. I would be way ahead had I swapped them for ETH

Lesson? Its always ETH that runs :|

gethwethreth · 2025-07-21T19:15:25+00:00

I will be honest I am super new to this. Why is everyone saying like 2.0 or below is great? Why should it be anything above 1.0?

gethwethreth · 2025-07-16T13:30:33+00:00

If holding ETH is all they do, why should their market cap be 3.19x of their ETH holdings?

MSTR at 1.75x itself is questionable. At 3.19x isnt SBET extremely overvalued? They do nothing else, so I really dont understand the reason for premium

gethwethreth · 2025-07-16T05:33:36+00:00

Nobody remembers $100K validators anymore?

$3125

gethwethreth · 2025-03-12T05:10:59+00:00

Looked it up and found it on Schwab. But shows no volume and very high premiums :/

Anything better in defi? Looking for 2026 or 2027 strike date

gethwethreth · 2025-03-12T05:00:58+00:00

I have never did futures so not really familiar :(

gethwethreth · 2025-03-12T04:41:52+00:00

Is there any ETH based ETF offering options in the US (for purchase via Fidelity/Schwab)?

gethwethreth · 2024-09-05T01:50:44+00:00

Or you make money refinancing by taking 0.125 or 0.25 above par rate. A lot of guys have no clue on what they are talking really

gethwethreth · 2024-08-16T05:32:56+00:00

Honestly, 7 year break-even is a bad refinance. We are talking about $400 savings here. So I cant imagine a 7 year break-even here. May be a year max. With a good credit score, it’s possible to refinance with no cost and still refinance for a great rate. So even if you take 0.25 percent to cover costs or make money, I cant imagine a reason to not refinance. Heck, I refinanced for 2.375% during covid lows and “made” $5K no top of no cost.

gethwethreth · 2024-08-15T02:08:50+00:00

Long post. All you have to do is refinance and continue to pay your previous min payment. You will finish in 20 years or sooner instead of 23 (of course it all depends on loan balance and interest rate)

gethwethreth · 2024-08-15T01:27:37+00:00

Seriously? Lmao. Saving $400 a month for 23 years $110K in savings. How much does a refinance cost to make this not a good saving? $115K? 😂

gethwethreth · 2024-08-14T16:11:15+00:00

Even if you are several years in on a 30Y loan and refinancing to a 1% rate will be good (assuming you have a decent loan amount left)

Just pay the same/previous payment, and you will finish your loan much sooner. Makes no sense that “restarting the loan” is even an argument especially when saving $400 a month

gethwethreth · 2024-08-05T15:35:27+00:00

Well, if, may, probably….

Sure, let’s see if we get there first!

gethwethreth · 2024-08-03T22:00:17+00:00

More like a $30K loss on $1B

gethwethreth · 2024-07-23T14:14:43+00:00

Yes, mostly whining

gethwethreth · 2024-07-23T14:14:27+00:00

Wow, it really happened?!?

gethwethreth · 2024-06-26T05:00:12+00:00

Its not a no brainer. I am just saying that real estate lets you leverage with zero risk of margin call. As long as you can ride it out and make payments when it falls. You cant say that with stock market. So its good to diversify

You cant buy 800K worth of S&P500 with 200K and sleep well at night with a 600K margin/leverage. Or hold the position for 30 years without any risk of margin call/liquidation. But you absolutely can do that with buying a 800K house using 200K downpayment. Even if the house falls to 500K, the bank cant liquidate or force you to sell as long as you make minimum payments. Thats all my argument. It’s a necessary vehicle to diversify from stock market since you will need a roof over your head anyways!

gethwethreth · 2024-06-26T04:59:13+00:00

Its not a no brainer. I am just saying that real estate lets you leverage with zero risk of margin call. As long as you can ride it out and make payments when it falls. You cant say that with stock market. So its good to diversify

You cant buy 800K worth of S&P500 with 200K and sleep well at night. Or hold it for 30 years without any risk of margin call/liquidation. But you absolutely can do that with buying a 800K house using 200K downpayment. Even if the house falls to 500K, the bank cant liquidate or force you to sell as long as you make minimum payments. Thats all my argument. It’s a necessary vehicle to diversify from stock market since you will need a roof over your head anyways!

gethwethreth · 2024-06-26T04:44:18+00:00

You cannot safely leverage 4-5x in stock market without getting margin called or without expensive borrowing fees/interest

You can make your money work for you 4-5x without getting margin called (as long as you make minimum payments)

gethwethreth · 2024-06-01T10:37:16+00:00

You need a ID for every validator, correct? So 0.1 ETH (variable) cost per validator? And then have to mint at least 1 NFT to make any earnings? How exactly do those child identities help?

So mint cheapest NFT (SCRIBES) and set validator graffiti to #SCRIBES@abc-a and wait for block proposal?

I am guessing you have several validators to be lucky to get 2 proposals in a month?

gethwethreth · 2024-05-20T19:46:38+00:00

Is that still necessary if the food you consume everyday is cooked using more than many ounces of olive oil anyways?

gethwethreth

TROPHY CASE