<h2>Jordan Belfort's candid confession about cryptocurrencies.</h2>The original Wolf of Wall Street, Jordan Belfort, says Bitcoin (BTC) has outperformed his expectations. In an interview with Yahoo Finance, the popular and infamous stockbroker who inspired the filming of the popular Hollywood blockbuster says he is not a fan of most cryptocurrencies.<h2>Bitcoin cryptocurrency will not lose its value. Ethereum is also interesting. Jordan Belfort on cryptocurrencies</h2>Jordan Belfort was once referred to by Forbes as "the twisted version of Robin Hood." He was to rob the rich and give to himself and the brokers he hired. For his misdeeds, he was sent to prison, where he began writing his story. This was then used by Martin Scorsese to film the hit "The Wolf of Wall Street".Returning to the topic of digital assets, Belfort recently admitted that he expected Bitcoin's value to reset. This one has exceeded his expectations so far.- “I stand by everything I said at a time when I really hated cryptocurrencies, which was 2017. Except for one thing. I was wrong that Bitcoin is heading to zero - admits Jordan Belfort after some time.”In 2018, Belfort made shocking words to crypto enthusiasts that there is "no good reason" why digital assets should exist. In addition to being a profitable financial pyramid. Today, the ex-embed believes Bitcoin is a solid long-term play.- “I think the whole point right now is that you have to look at <a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/how-are-bitcoin-and-ethereum-different/">Bitcoin</a> and not take a 12 or 24 month horizon. With any luck, I think if you consider the 24-month horizon you will almost certainly make money. If you take a three-, four-, five-year horizon, I would be shocked if you did not make money, because the foundations on which the first-ever cryptocurrency stands seem extremely strong, he continued.”Along with Bitcoin, Belfort says his second choice for long-term investment (no surprise) is the leading Ethereum Smart Contracts (ETH) platform.“Supply is limited and as inflation continues, at some point Bitcoin and Ethereum will mature enough to be profitable," he concluded.”As of this writing, Bitcoin costs $ 21,500, while Ethereum changes hands for $ 1,620.

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<h2>Szczere wyznanie Jordana Belforta na temat kryptowalut.</h2>Oryginalny Wilk z Wall Street, Jordan Belfort, twierdzi, że Bitcoin (BTC) przekroczył jego oczekiwania. W wywiadzie dla Yahoo Finance popularny i niesławny makler giełdowy, który zainspirował nakręcenie popularnego hollywoodzkiego przeboju kinowego, mówi, że nie jest fanem większości kryptowalut.<h2>Kryptowaluta Bitcoin nie straci na wartości. Interesujące jest również Ethereum. Jordan Belfort o kryptowalutach</h2>Jordan Belfort został kiedyś określony przez Forbes jako "pokręcona wersja Robin Hooda". Miał okradać bogatych i dawać sobie oraz wynajętym przez siebie brokerom. Za swoje występki trafił do więzienia, gdzie zaczął spisywać swoją historię. Została ona następnie wykorzystana przez Martina Scorsese do nakręcenia hitu "Wilk z Wall Street".Wracając do tematu aktywów cyfrowych, Belfort przyznał niedawno, że spodziewał się zresetowania wartości Bitcoina. Ta jak dotąd przekroczyła jego oczekiwania.- "Podtrzymuję wszystko, co powiedziałem w czasie, gdy naprawdę nienawidziłem kryptowalut, czyli w 2017roku.Z wyjątkiem jednej rzeczy.Myliłem się, że Bitcoin zmierza do zera - przyznaje po pewnym czasie Jordan Belfort".W 2018 r. Belfort wypowiedział szokujące słowa do entuzjastów kryptowalut, że "nie ma dobrego powodu", dla którego aktywa cyfrowe powinny istnieć. Oprócz tego, że są dochodową piramidą finansową. Dziś były członek zarządu wierzy, że Bitcoin jest solidną grą długoterminową.- "Myślę, że w tej chwili chodzi o to, że musisz spoj rzeć na<a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/how-are-bitcoin-and-ethereum-different/">Bitcoina</a> i nie przyjmować horyzontu 12 lub 24 miesięcy. Przy odrobinie szczęścia myślę, że jeśli weźmiesz pod uwagę 24-miesięczny horyzont, prawie na pewno zarobisz pieniądze.Jeśli weźmiesz pod uwagę trzy-, cztero-, pięcioletni horyzont, byłbym zszokowany, gdybyś nie zarobił pieniędzy, ponieważ fundamenty, na których stoi pierwsza w historii kryptowaluta, wydają się niezwykle mocne" - kontynuował.Oprócz Bitcoina, Belfort twierdzi, że jego drugim wyborem do długoterminowych inwestycji (co nie jest zaskoczeniem) jest wiodąca platforma inteligentnych kontraktów Ethereum (ETH)."Podaż jest ograniczona, a wraz z postępującą inflacją, w pewnym momencie Bitcoin i Ethereum dojrzeją na tyle, by przynosić zyski"- podsumował."W chwili pisania tego tekstu Bitcoin kosztuje 21 500 USD, podczas gdy Ethereum zmienia właściciela za 1 620 USD.

Jordan Belfort: Myliłem się co do Bitcoina i Ethereum

<h2>Jordan Belforts offenes Geständnis über Kryptowährungen.</h2>Der Original-Wolf der Wall Street, Jordan Belfort, sagt, dass Bitcoin (BTC) seine Erwartungen übertroffen hat. In einem Interview mit Yahoo Finance sagt der beliebte und berüchtigte Börsenmakler, der die Verfilmung des beliebten Hollywood-Blockbusters inspirierte, dass er kein Fan der meisten Kryptowährungen ist.<h2>Die Kryptowährung Bitcoin wird ihren Wert nicht verlieren. Ethereum ist auch interessant. Jordan Belfort über Kryptowährungen</h2>Jordan Belfort wurde von Forbes einmal als "die verdrehte Version von Robin Hood" bezeichnet. Er raubte die Reichen aus und gab es sich selbst und den von ihm angeheuerten Brokern. Für seine Missetaten wurde er ins Gefängnis gesteckt, wo er begann, seine Geschichte aufzuschreiben. Diese wurde dann von Martin Scorsese für die Verfilmung des Hits "The Wolf of Wall Street" verwendet.Um auf das Thema der digitalen Vermögenswerte zurückzukommen, gab Belfort vor kurzem zu, dass er einen Reset des Bitcoin-Wertes erwartete. Dieser hat seine Erwartungen bis jetzt übertroffen.- "Ich stehe zu allem, was ich zu einer Zeit gesagt habe, als ich Kryptowährungen wirklich gehasst habe, das war 2017. Except for one thing. Ich lag falsch, dass Bitcoin auf Null zusteuert - gibt Jordan Belfort nach einiger Zeit zu."Im Jahr 2018 äußerte Belfort schockierende Worte gegenüber Krypto-Enthusiasten, dass es "keinen guten Grund" für die Existenz digitaler Vermögenswerte gibt. Abgesehen davon, dass sie eine profitable Finanzpyramide seien. Heute glaubt der Ex-Finanzminister, dass Bitcoin ein solides langfristiges Spiel ist.-Ich denke, der springende Punkt ist, dass man sich<a target="" rel="noopener noreferrer nofollow" href="https://tytanid.com/blog/how-are-bitcoin-and-ethereum-different/">Bitcoin</a>ansehen muss und nicht nur einen 12- oder 24-Monats-Horizont haben sollte. Wenn man Glück hat, denke ich, dass man mit einem 24-Monats-Horizont fast sicher Geld verdienen wird. Wenn Sie einen Drei-, Vier- oder Fünfjahreshorizont betrachten, wäre ich schockiert, wenn Sie kein Geld verdienen würden, denn die Grundlagen, auf denen die allererste Kryptowährung steht, scheinen extrem starkzu sein", fuhr er fort.Neben Bitcoin sagt Belfort, dass seine zweite Wahl für langfristige Investitionen (keine Überraschung) die führende Ethereum Smart Contracts (ETH) Plattform ist."DasAngebot ist begrenzt und bei anhaltender Inflation werden Bitcoin und Ethereum irgendwann reif genug sein, um profitabel zu sein", schloss er."Zum Zeitpunkt dieses Artikels kostet Bitcoin 21.500 Dollar, während Ethereum für 1.620 Dollar den Besitzer wechselt.

Jordan Belfort: Ich lag falsch bei Bitcoin und Ethereum

Jordan Belfort: I was wrong about Bitcoin and Ethereum

<h2>Considerable interest in non-fungible token technology has led to significant changes in the cryptocurrency sector.</h2>The broadly understood NFT market has been sending us subtle signals for some time that it is periodically trying to recover from the impact of the strong bear market that inevitably reached this sector. It is not difficult to quickly come to the conclusion that the prices of top tokens from key collections are still significantly away from the levels of the glory days, which ended around the first quarter of 2022. Despite this pessimistic fact, a certain change in the balance of power in this innovative sphere can be noticed. It is worth adding that so far, the Ethereum blockchain has been the network where non-fungible tokens were traded most frequently. In the end, however, Ethereum had to hand over the leadership position to its long-time competitor, Bitcoin.<h3>NFT trade is booming, but on a different blockchain</h3>Built, among others, by the popular programmer Vitalik Buterin, the Ethereum blockchain has for a long time been associated primarily with the fact that it is the cyberspace where by far the most non-fungible tokens (NFTs) are minted and where the highest trade rate in terms of turnover volume takes place.Recently, however, a revolutionary change took place, which led to BTC taking first place in terms of volume in the last 7 days.<h4>Latest data from the NFT market</h4>The latest data from the platform analyzing turnover volumes in the NFT sector shows that during the week Ethereum decreased by 3.72%, while tokens minted using the Ordinals protocol in the BTC network contributed to an increase by as much as 22.47 %, which led to this network ranking in first place.Finally, it is worth adding that the weekly volume here reached USD 101.3 million. In the case of the Ethereum protocol, it is USD 95.1 million. In third place, without any surprise, was Solana, which recorded a strong jump of 55% over the last week, and the trading volume of non-fungible tokens amounted to USD 66 million.

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Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

<h2>A financial company draws a positive forecast for one of the largest cryptocurrency projects</h2>The recent BTC price rally has sparked new enthusiasm in the world of digital currencies, and with it, increased interest in other cryptocurrencies. According to the forecasts of a widely recognized asset management company - VanEck - Solana (SOL) has a good chance of achieving noticeably better results than Ethereum (ETH) by 2024.<h3>Can Solana beat Ethereum?</h3>The spectacular increase in value by as much as 212% in just the last 60 days has resulted in Solana's share on the cryptocurrency market significantly increasing. Digital currency analysts also expect Solana's price oracle platform, Pyth, to likely overtake Chainlink in terms of total value secured (TVS) soon. It is worth adding here that despite Chainlink's current market dominance, analysts deeply believe that the innovative system architecture will make Pyth ultimately defeat its most serious rival.It is worth noting that Solana is currently trading at an average price of $73 per coin, and its price has increased by over 11% in just the last 24 hours. Moreover, there was also an additional increase in 24-hour trading volume to levels exceeding even USD 4.1 billion.Financial firm VanEck additionally forecasts that Ethereum will likely not reach a higher market capitalization than Bitcoin (BTC) until 2024. While Ethereum is likely to outperform other major tech stocks, Bitcoin's regulatory transparency and scale of energy efficiency are widely expected to attract interest from state-owned entities in Asia, Latin America, and the Middle East.Despite Ethereum's very decent results, according to the most common forecasts, it will probably lose market share to other smart contract platforms, such as Solana, whose main competitive advantage is that it can boast a much more reliable scalability schedule. Finally, it is impossible not to mention that Argentina is expected to join the countries sponsoring BTC mining at the state level. This would mean that Argentina would follow in the footsteps of countries such as the United Arab Emirates, El Salvador, Bhutan and Oman.

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Solana will beat Ethereum in some respects by 2024, according to VanEck

<h2>Cryptocurrency investors who expect the sector to decline suffer significant losses.</h2>According to data provided by the popular firm S3 Partners, short-term investors who focus on companies related to the oldest cryptocurrency suffered significant financial losses exceeding $6 billion in total by trying to short BTC in 2023. These losses were caused by a sudden but consistent reversal of the bearish trend on the Bitcoin chart , as well as the oldest cryptocurrency regaining key price levels.<h3>Traders have lost a fortune shorting Bitcoin-related companies</h3>Based on a report published by the analytical company S3 Partners, traders who at the beginning of 2023 adopted a bearish stance towards listed cryptocurrency companies such as Coinbase, Marathon Digital and MicroStrategy recorded losses of $6.05 billion.Due to the long-term increasing value of digital currencies, many investors taking short positions on shares of companies related to the crypto industry have made significant losses.In just the first three quarters of 2023, some short-term investors reduced their exposure to cryptocurrencies as the sector apparently rebounded. However, since Bitcoin's last low of $25.1K in September 2023, there has been a sustained and sharp increase in short selling totaling approximately $697 million as traders dramatically increased their exposure to what they perceived as an "overbought market." .In a sudden turnaround in the stock market, BTC experienced a significant increase in value and reached a new yearly high of over $44,300 on December 5 this year. This unexpected upward rally resulted in approximately $2.65 billion in losses for short-term investors.<h4>Strong increases in the value of BTC-related enterprises</h4>Undoubtedly, this year's increases in share prices of companies such as Coinbase and MicroStrategy may have been a challenge for many traders who were betting on shorting these shares. For the Brian Armstrong-led company, this year's 290% stock rally has resulted in losses estimated at about $3.5 billion for short-term traders. It is worth adding that this currently constitutes more than half of the total losses incurred in this way throughout 2023.Additionally, MicroStrategy's over 300% growth this year contributed to roughly $1.4 billion in losses for cryptocurrency traders. Despite the current strong growth in the market for digital currencies and related companies, some investors still decide to take short positions, most likely hoping that the upward rally will lose momentum at some point.

Jordan Belfort: I was wrong about Bitcoin and Ethereum

Jordan Belfort's candid confession about cryptocurrencies.

Bitcoin cryptocurrency will not lose its value. Ethereum is also interesting. Jordan Belfort on cryptocurrencies

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Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

Solana will beat Ethereum in some respects by 2024, according to VanEck

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Jordan Belfort: I was wrong about Bitcoin and Ethereum

Jordan Belfort's candid confession about cryptocurrencies.

Bitcoin cryptocurrency will not lose its value. Ethereum is also interesting. Jordan Belfort on cryptocurrencies

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Recent news articles

Ethereum is no longer the leader in the NFT market. A surprising change in the balance of power

Solana will beat Ethereum in some respects by 2024, according to VanEck

Traders shorting Bitcoin are losing billions as the BTC price refuses to fall