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Author Topic: More people are buying ETH  (Read 182 times)
hero_the_bossman
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February 09, 2026, 08:24:00 PM
 #21

As of early Feb 2026, BitMine is now the largest publicly traded #Ethereum treasury, holding ~4.305M ETH ; about 3.57% of the total circulating supply.
Tom Lee said the volatility is “a feature, not a bug,” calling Ethereum dramatically undervalued and a core macro trade for the next decade.
right now everything is down it may be undervalued and may gain traction again but for now i dont think it is  dramatically undervalued. people are just not investing in right now and ethereum has the same outlook just as the rest of the coins for this moment in time. we will see

because BTC is shining too much as of now.. the time will alts will come later.
Kavelj22
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February 09, 2026, 09:40:52 PM
Last edit: February 09, 2026, 09:53:29 PM by Kavelj22
 #22

Tom Lee said the volatility is “a feature, not a bug,” calling Ethereum dramatically undervalued and a core macro trade for the next decade.

First, who said that volatility is a bug? Volatility a market characteristic that touch every product. Low are high volatility it depends on many factors, but volatility is commun between all products in trading.
Second, yes it can be considered a feature, mainly in trading, especially with high volatile markets. Buy the dip and sell the top, this is a general rule in trading based on volatility.

Eth is undervalued as a trading instrument whose volatility is so high to generate short terms profits. But from other perspectives, I think it becomes overvalued.

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February 10, 2026, 11:47:01 PM
 #23

We have been hearing a lot of news and update about ethereum and other altcoins performance this season and it has not been encouraging enough, because they are not currently showing interest to attract for more investors in order to pump the market high, though it is still well understood that we are not in their season, however, there's much expected of them to see than they are performing lately.

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Dr.Bitcoin_Strange
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Today at 11:11:55 AM
 #24

Is Tom's holding in the class of the more people that are buying ETH? During the time their holding was announced, it also contributed to driving up the price and I do assume that a lot of psoriasis also sold of by the time they realized that the bear market was going to kick start soon, earlier on, some persons have already sold. In respect to the price drop of Bitcoin, most people also sold off so they can buy when the price drop, you can expect that people buying now are the people that likes the coin to buy now, with the idea that it's time to buy the dip.

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Alonso_
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Today at 12:43:25 PM
 #25

As of early Feb 2026, BitMine is now the largest publicly traded #Ethereum treasury, holding ~4.305M ETH ; about 3.57% of the total circulating supply.
Tom Lee said the volatility is “a feature, not a bug,” calling Ethereum dramatically undervalued and a core macro trade for the next decade.
Reading the title of the thread is seems decieving like the BBC news or other news outlets that only focuses on trying to get attention with their captions but however it's true that Bitmine is holding Etherum as an additional asset to whatever they have hold earlier but it's doesn't mean the world is moving towards the side of Ethereum instead people who know how the big market works are moving towards it just for the spake it will get in later days having held so much bitcoin, so they try to pick something out of the cryptos.
Your response is very funny, do you mean BBC fake news ? I think the thread is mainly to get attention of people because I don’t really understand how it is possible that so many people are buying ETH, probably he should’ve done well to post some link so we can verify how most people are currently buying bitcoin, because there is no ways to qualify that right now so we would never understand how true that would actually work.

I think if I’m buying cryptocurrency I would prefer to buy bitcoin because that would be more accurate and would be likely that we should be buying bitcoin now that the price of bitcoin have decreased significantly it gives more opportunities to purchase and buy bitcoin more cheaper.

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