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$300k BTC in 2021 says Citibank

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  We discuss price and we know we are over optimistic to make predictions for Bitcoin for the next year. And the most bullish scenario comes from what was an enemy for Bitcoin for many years, banks. We have seen JPMorgan being bullish on Bitcoin saying that Bitcoin could triple in price in 2021, and now it is Citibank that made the prediction for Bitcoin price by the end of 2021 at $300,000.

There was a leak of a Citibank analysis on Bitcoin coming from Citi analyst Tom Fitzpatrick.

Quote

“price of Bitcoin is likely to continue to go up, and a lot.” - Citibank 2020

Source: https://twitter.com/classicmacro/status/1327381449000034307/photo/1

 

A short piece of this report explains how Citibank views Bitcoin today:

image.png.4ab35f5ebb8cf7476853cf0d88a4d756.png

Source: https://twitter.com/classicmacro/status/1327381449000034307/photo/2

 

More about this: https://news.bitcoin.com/citibank-executive-says-bitcoin-will-trade-at-318000-by-end-of-2021/

 

 

Edited by percare
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Actually i have seen some crypto experienced people predicted bitcoin price.Most of the people said bitcoin price will rise up more and more.I think Citibank prediction can be happen.

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Bitcoin's price will surely increase over the years, but $300k+ by 2021 is a bit of an overkill. And just because prominent banks predict its price doesn't necessarily mean that they fully embrace Bitcoin, and cryptocurrency in general, as regular currency.

 

At least banks acknowledge that BTC can be compared to gold at this point in time.

Quote

In his write up, Fitzpatrick notes:

"Gold has restrictions such as storage, non-portable, and could possibly be even called ‘yesterday’s news’ in terms of a financial hedge. Bitcoin is the new gold."

source: https://news.bitcoin.com/citibank-executive-says-bitcoin-will-trade-at-318000-by-end-of-2021/

There is also the point where Bitcoin is superior to gold in other aspects which was mentioned in the article. It looks like the banks are slowly softening up their stance on cryptocurrencies over the years.

 

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New to the Cryptotalk forum? Here's something that might help you get started:

https://cryptotalk.org/topic/24401-forum-tutorials-tips-and-tricks-for-newbies-compilation/

 

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It will be something unbelievable for this to happen but if we see how Bitcoin is rising lately it becomes more possible for this prediction to become real. I would be happy with half of this price too. Citi is a major bank and I think that when predicting prices then we should listen to them.

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On 11/18/2020 at 7:05 AM, kyoukage01 said:

Bitcoin's price will surely increase over the years, but $300k+ by 2021 is a bit of an overkill. And just because prominent banks predict its price doesn't necessarily mean that they fully embrace Bitcoin, and cryptocurrency in general, as regular currency.

I believe it's possible and this could be the third leg of elliott wave theory. The market cycle seems to obey the 4 year halvings and the end of 2021 price just might as well be 300k if this keeps up.

 

But at the same time i am a little worried because the TA on it seems too direct and obvious. And nothing is ever obvious in trading. And with that rise would bring several problems because next retrace would just be be harder and more brutal then ever. And if indeed it's a 3rd leg what's happening now, that recovery will take ages. I might even try to short bitcoin soon after that 300k breaks. Or i leave cryptocurrency scene for a while, because everything would become so uncertain. 

 

But what you said about banks, i totally agree. They won't see this as a currency, not in a million years. And they will probably end up fighting against this as they can.

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12 hours ago, rekter said:

I believe it's possible and this could be the third leg of elliott wave theory. The market cycle seems to obey the 4 year halvings and the end of 2021 price just might as well be 300k if this keeps up.

Thanks for that enlightening explanation. But one year is still a long time, and anything can happen by the time the year ends. For one thing, almost nobody expected in 2019 that BTC will sink that low to the tune of ~$4,000 back in March. Who knows what else is in store for us for 2021?

 

And if "history repeats itself" as every soothsayer will say, then the current $18,000 per 1 BTC we have now may fall flat on its face sooner or later like what happened back at 2017, and BTC prices might start to pick up slower after that.

 

Edited by kyoukage01
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New to the Cryptotalk forum? Here's something that might help you get started:

https://cryptotalk.org/topic/24401-forum-tutorials-tips-and-tricks-for-newbies-compilation/

 

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5 hours ago, kyoukage01 said:

Thanks for that enlightening explanation. But one year is still a long time, and anything can happen by the time the year ends. For one thing, almost nobody expected in 2019 that BTC will sink that low to the tune of ~$4,000 back in March. Who knows what else is in store for us for 2021?

 

And if "history repeats itself" as every soothsayer will say, then the current $18,000 per 1 BTC we have now may fall flat on its face sooner or later like what happened back at 2017, and BTC prices might start to pick up slower after that.

 

Yeah, it can be a bouncy ride and nothing is certain. And imho faster we get up, there's a change that we don't follow the current pattern. and we peak in way lower. 

 

But i don't think that they mean same price when they say "history repeats itself", but they mean chart patterns and that things will happen in scale. Btc marketcap has already broken ATH for a while ago, meaning that Bitcoin as a whole is already more valuable then ever.

 

We don't know yet what kind of dominance bitcoin will have at the end of 2021 but i actually wrote on prediction how this could play out for eth: https://cryptotalk.org/topic/325273-next-ath-and-what-comes-along-with-that/?tab=comments#comment-10236642

 

(I should actually read that today again for possible errors and typos. I was very tired while writing that and i need to check everything out. I will edit them after that writing competition is over because i don't think i am supposed to do that with a compo entry yet.) 

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I've read this, it means a lot although I have also read more from this citibank exec and he is always excagerating in previous years about gold and silver. Bitcoin has a chance for big prices and maybe this price is the ultimate top target for next year, and very difficult to happen.

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Bitcoin's $ 300,000 doesn't seem like a realistic target for now. Of course, we think Bitcoin will be trending now. But it would be really interesting if it folds as much as its current price. We'll wait and see what time shows.

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i think that prediction by citibank is whats pumping bitcoin now, because everyone wants to buy it now while its still at low price, but I still think we are still early to go up that high, because we dont see trillions coming into bitcoin yet.

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2 hours ago, duncun007 said:

i think that prediction by citibank is whats pumping bitcoin now, because everyone wants to buy it now while its still at low price, but I still think we are still early to go up that high, because we dont see trillions coming into bitcoin yet.

You are right, we don't need to see prices rise to fast. Perhaps with $100k we should be more than happy, if this price ever happens. There is many news appearing all of the sudden by big banks and discussions by important people. It can be that next year price will go there but I don't think it will be a good thing either and it will be a top of another bubble.

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These predictions keeps surfacing, every enterprise and individual with his/her own kind, but on a general consensus I think $3000 is too ambiguous for the year 2021,may be in 5 to ten years these predictions can be obtainable 

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Probably the reason prices keep rising today as well with some news I've heard from Blackrock endorsing Bitcoin and calling it a store of value. Bitcoin moves very fast and I hope that nobody sold too early. It is not going to stop and you don't know where the top will be. It is bullish and selling or shorting can be a mistake. I have said that for weeks.

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58 minutes ago, percare said:

You are right, we don't need to see prices rise to fast. Perhaps with $100k we should be more than happy, if this price ever happens. There is many news appearing all of the sudden by big banks and discussions by important people. It can be that next year price will go there but I don't think it will be a good thing either and it will be a top of another bubble.

i wouldn't call it top of a bubble my friend, but its the cycle of the bitcoin market, and right now we are in euphoria where everyone wants to buy it at all costs which keeps pushing the price up.

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27 minutes ago, duncun007 said:

i wouldn't call it top of a bubble my friend, but its the cycle of the bitcoin market, and right now we are in euphoria where everyone wants to buy it at all costs which keeps pushing the price up.

I called it a bubble but it doesn't mean it is always a bubble. It is happening again and again, it rises a lot and then drops 80%. But it always is above where it began and each year is making a higher low.

Edited by percare
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Well this time institution are coming for investment in Bitcoin. PayPal will buy bitcoins for it's users, Square Cash App is projected to buy newly mined Bitcoins. Also Micro strategy is also into the investment for Bitcoin which clearly shows Bitcoin is really a great asset for Investment and the demand is growing everyday for it. And because kf halving there are only 6.5 btc per block which is also major causes of spike in price and such prediction from the CitiBank.

JP Morgan has changed it's decision regarding Bitcoin, now Citibank the whole situation looks heating for the Bitcoin demand.

And I don't know it would be true or not, But I have read a prediction that Amazon is also going to accept Crypto in 2021. Let's see Amazon accept the trend like PayPal or not.

And because of all these factors, 300k is the prediction done by CitiBank in my view.

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NOTHING I SAY IS FINANCIAL ADVICE. YOU SHOULD USE YOUR MIND ,FOR YOUR MONEY,

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Very interesting, I wouldn't expect a banker to be so bullish on Bitcoin. It doesn't look that this price can happen easily though. It will be extreme for just a year for Bitcoin to make it to such price, not because it hasn't done that in previous years, but because it will require trillions of dollars to flow in Bitcoin to make it worth this much. And trillions of dollars perhaps don't exist.

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This is how many organisations predict with good or solid evidence, I do not think they have good reason for it for now. Bitcoin will one day increase and beyond $300000 but it is not now. I like people that are first commenting about bitcoin to be $100000. A coin that has not gotten to $50000 that they are saying will get to $300000 in just a year. That is definitely will be a lie. 

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I think this is an inside document that was leaked but it was probably made like that, to leak into public by this executive, after he bought big. Many banks are giving positive remarks for a while now and this is helping price. But makes me think what is the plans the Citibank and other banks have.

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@percare thanks for this report, I read somewhere about citigroup being interested in Bitcoin but I don't remember reading this. It makes a perfect case for the scenario for a bull run in next year but we also need to be cautious when it is coming from banks. They could be saying one thing and having bought and waiting for buyers to sell. 

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I don't think this is possible, this price will be remarkable high for Bitcoin and would mean trillions of dollars for Bitcoin in valuation. Not that I won't like it but I keep reading some predictions that do seem without a point.

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We should not put our mind on these type of people, bitcoin can never be up to $300000 in 2021. Some people just want people to invest on bitcoin and started saying what can not happen. We should not put this kind of thing in mind because it can not happen. 

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these are just guesses, but I do not predict bitcoin will rise to this price. Such predictions were made about bitcoin before, so you shouldn't care too much. Bitcoin has been rising a lot lately, I believe it will exceed $ 20k by the end of the year.

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6 hours ago, norbercripto said:

It is likely that it has some correction that infarcts us, for a while, but then the moon comes.

I keep reading people that have sold and waiting for a correction, but why didn't you buy at the correction last week? Price reached as low as $16,500. During this time Bitcoin won't correct 30% for various reasons that are obvious and don't need explaining. $19k and it is Sunday and what do you expect next week? Bears to have a plan to crash the price? I would laugh with those bears trying to push price down again and losing all their Bitcoin in the process.

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Even thou Citi Bank is probably one of the most corrupt banks that exist, I like what they are saying. Citi Bank & the other big banks seem to get away with murder sometimes. But, if Citi says its going to that price, I want to believe them. I will be trying to buy more BTC as soon as I can. Not because Citi bank says so, its because I want to invest in BTC. I invest in what I believe in & I believe in BTC.

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The reward for finding a block was reduced from 6.25 BTC to 3.125 BTC. Recall that halving is a halving of the reward size for miners for adding a new block to the bitcoin blockchain. This event is embedded in the code of the first cryptocurrency and occurs every 210,000 blocks – until the moment when the mining of 21 million coins (presumably in 2040) ends the emission of cryptocurrency. It should be noted that the fourth halving will provide for the mining of approximately 95% of the entire bitcoin emission, about 99% of all coins will be mined by 2033-2036. Then, the emission will gradually move towards zero.   In the previous review, we promised to tell how the market would react to this important event. We promised – we report: the market reaction is close to zero. For several days after the halving, there was no growth in volatility. The price of bitcoin slowly and lazily moved first upward, reaching $67,269 on April 23, and then returned to where it began its weekly journey: to the $64,000 zone. It seems that market participants froze in anticipation of who would be the first to start buying or, conversely, selling the main cryptocurrency massively.   According to experts from Bitfinex, the post-halving supply restriction stabilizes the price of the first cryptocurrency and may contribute to its growth. "The reduction in the pace of bitcoin issuance after halving, which will amount to $30-40 million per day, contrasts sharply with the daily net inflow of $150 million into spot ETFs. This emphasizes a significant demand and supply imbalance, which may contribute to further price growth," stated the Bitfinex report.   However, analysts from QCP Capital believe that bitcoin optimists will have to wait at least two months before assessing the effect of the past fourth halving. "The spot price grew exponentially only 50-100 days after each of the three previous halvings. If this pattern repeats this time, bitcoin bulls still have weeks to create a larger long position," their report stated.   Anthony Pompliano, the founder of the venture company Pomp Investments, believes that within 12-18 months, the coin is expected to grow to $100,000, with chances of reaching $150,000-200,000. However, before moving to a bull rally, BTC/USD, in his opinion, is waiting for a correction down. At the same time, Pompliano believes that the price will not fall below $50,000. "I think we have already crossed this Rubicon," – he wrote.   The possible upcoming decline of the main cryptocurrency is probably a topic currently much more discussed than its subsequent growth. Many agree that bitcoin coins will appreciate in the long term. But how will quotes behave in the more foreseeable future? Fidelity Digital Assets, the leading issuer of one of the spot BTC ETFs, has already revised its medium-term forecast for bitcoin from positive to neutral. The reason for abandoning optimistic sentiments is several worrying trends in the crypto market. Fidelity analysts noted the growing interest in selling from long-term hodlers. Among them, there is currently a large percentage of profitable addresses, as noted in the company's report. This means that holders may want to lock in profits and start selling BTC. On the other hand, on-chain data indicates that small investors, on the contrary, continue to accumulate the first cryptocurrency. Since the beginning of the year, the number of addresses on which BTC is stored for at least $1,000 has increased by 20% and reached a new historical maximum. "Such a trend may indicate the growing dissemination of bitcoin and its acceptance among 'average' users," – Fidelity noted.   Specialists from CryptoQuant examined the SOPR indicator readings for these categories of investors and made conclusions similar to those of their colleagues from Fidelity. Investments in Bitcoin by "new" whales (owners of coins "aged" less than 155 days) almost doubled the indicator of "old" large players (more than 155 days). At the same time, the increased value of the metric showed that the profits of the "old" hodlers significantly exceed the indicators of the "newcomers". And if the "old-timers" move to fix profits, this may lead to the formation of price peaks. An analysis of the current picture, according to CEO of CryptoQuant Ki Young Ju, also speaks of the need to exercise caution in anticipation of possible corrections and increased volatility.   Recall that earlier, specialists from JPMorgan noted that digital gold is in a state of overbought. And co-founder of CMCC Crest Willy Woo noted that if the price of the first cryptocurrency falls below the support level of short-term holders at $58,900, the market risks moving into a bearish phase.   As of the evening of Friday, April 26, the BTC/USD pair is trading in the region of $63,950. The total capitalization of the crypto market is $2.36 trillion ($2.32 trillion a week ago). The Bitcoin Fear & Greed Index remained in the Greed zone, although it rose from 66 to 70 points.   Finally, in conclusion of the review, our long-forgotten crypto-life-hacks column. It turns out that in order to become a crypto millionaire, it is enough to have a marker and a piece of paper. The possibility of such a way of enrichment was proven by Christian Langlois, also known as Bitcoin Sign Guy. This guy made headlines in many news outlets after showing a notebook sheet with the inscription "Buy Bitcoin" behind the back of the Chair of the Federal Reserve System Janet Yellen. At that moment, the head of the Fed was giving testimony about the state of the US economy. This image instantly spread across the network and became one of the symbols of the emerging crypto industry.   For his misdemeanour, the 22-year-old intern Langlois was disgracefully expelled from the hearings. But after this episode was shown on television, enthusiasts sent 7 BTC to his crypto wallet to thank the guy for his bold move. Four years ago, Christian sold 21 copies of the "cult" sheet at an average price of 0.8 BTC, earning another 16.8 BTC. Thus, his total earnings reached 23.8 BTC, which is more than $1.5 million at the current exchange rate. And a few weeks ago, Langlois was offered another 5 bitcoins for the original, but he refused to sell the sheet. Nevertheless, Christian liked the idea of further monetizing the self-created object of "artistic and historical heritage", and he decided to sell it at an auction, directing the proceeds to finance his startup Tirrel Corp. On April 25, 2024, the auction house Scarce.City reported that the lot, which became a popular meme, was sold for 16 BTC (more than $1 million). NordFX Analytical Group   Notice: These materials are not investment recommendations or guidelines for working in financial markets and are intended for informational purposes only. Trading in financial markets is risky and can result in a complete loss of deposited funds.   #eurusd #gbpusd #usdjpy #btcusd #ethusd #ltcusd #xrpusd #forex #forex_example #signals #cryptocurrencies #bitcoin #stock_market   https://nordfx.com/ 
    • С радостью сообщаем, что мы добавлены на мониторинг OKchanger Контакты: Наш сайт - https://bitkovskiy.io/ Почта - bitkovskiy.change@gmail.com Telegram - https://t.me/Bitkovskiy_exchange
    • там автоматом, вроде, должно. при соблюдении нужных пунктов. что-то типа этого:     а еще у них есть пулы:     а ля американские горки вверх-вниз?
    • В России планируют запретить оборот криптовалют — депутаты назвали точную дату   Исключение авторы проекта предлагают сделать для майнеров, участников майнинг-пулов и «проектов Банка России в рамках экспериментального правового режима». Участниками обращения криптовалют считаются российские или иностранные юрлица и их представительства, а также физические лица, находящиеся на территории страны не менее 183 суток в течение 12 следующих подряд месяцев (то есть полноценные российские налоговые резиденты). Законопроект предлагает запретить на территории страны любую рекламу самих криптовалют и рекламу организации обращения виртуальных монет. Сейчас в действующем законодательстве есть запрет на расчеты между физическими и/или юридическими лицами в криптовалютах, но нет запрета на «организацию обращения» в любом виде. Это обновленная редакция законопроекта № 237585-8, который появился в ноябре 2022 года и должен был отрегулировать майнинг. Тогда документ не прошел даже перовое чтение. В феврале 2024 года авторы законопроекта снова попытались дать ему ход, но 19 апреля комитет по финансовому рынку постановил отправить текст на доработку. В пятницу, 26 апреля, вечером новая версия появилась на столе у председателя Госдумы Вячеслава Володина. Авторами и прошлой, и новой версии законопроекта значится группа из 16 депутатов, в том числе достаточно статусных: председатель комитета по финансовому рынку Анатолий Аксаков, зампредседателя комитета Аркадий Свистунов, зампредседателя комитета по информационной политике Антон Горелкин, первый зампредседателя комитета по безопасности Андрей Луговой, бывший министр сельского хозяйства Алексей Гордеев и так далее. В начале апреля главный фронтмен законопроекта, Анатолий Аксаков, жаловался, что принять закон мешает «одно-единственное ведомство». И обещал, что проект точно станет законом в августе.
    • Приветствуем на страницах форума.   Рады сообщить - наша команда запускает проект по обмену криптовалюты на фиатные валюты разных банком и стран. Кто мы? - Мы команда, проверенных и надёжных сотрудников обменного пункта novobitex.com, мы накопили огромный опыт в финансовой индустрии. Работаем практически по всему миру. Наша команда выполнит ваши заявки на онлайн обмен валюты, без задержек. Регистрируйтесь и получайте привилегии в виде скидок и бонусов.   С нами удобно: Не выходя из дома, Не выходя из офиса, Отправляйте и получайте валюту. Вы можете использовать: Карты любого банка, Принимайте и отправляйте криптовалюты и фиатные валюты, Предоставляем мультивалютные услуги. Возраст не важен: Понятные обмены каждому, Доступные переводы близким, Возможно потребуется верификация по некоторым направлениям. С нами выгодно: Минимальные комиссии, Выполнение или возврат депозита 100%, Отличные курсы для обмена. Наличные: Переводите наличные в криптовалюту, Получайте наличные от продажи криптовалют, Выбирайте валюту и делайте заявку. Переводы в банк: Пополнение счёта в банке через нас, Перевод на счёт нужной вам компании через нас, Получение от вашей фирмы на наш счёт и конвертация в крипту.   Сайт в данный момент дорабатывается, будем благодарны за ваши комментарии. Всегда рады новым идеям и открыты к новым предложениям. С уважением команда novobitex Если возникнут вопросы или предложения, будем рады ответить. Пишите: support@novobitex.com Telegram  
    • Готовимся к получению 8-ми топовых Дропов!       • EigenLayer — крупнейший проект рестейкинга ETH• Base — L2-сеть от крупнейшей биржи США Coinbase• Scroll — любимая L2-сеть Виталика Бутерина• Linea — сеть от разработчиков Metamask• Puffer — один из крупнейших протоколов ликвидного стейкинга• Zircuit — L2-сеть с элементами ИИ• Elixir — модульная сеть для предоставления ликвидности• Zora — крупнейший кроссчейн NFT-протоколВсе эти проекты могут выпустить свои токены уже в этом году и раздать их сотням тысяч ранних пользователей.    Как на этом заработать?Получение любого Дропа работает по такой схеме:• Находите проект, который планирует раздать токены в будущем• Придумываете стратегию и совершаете транзакции• Ждете анонса Дропа и получаете бесплатные токены на десятки тысяч долларов
    • 27.04.2024 Тарифы Kingex 👑   Покупка криптовалюты / Buying cryptocurrency:   BTC/ETH  +1.7% (Мы доплачиваем) USDT  +1.7% (Мы доплачиваем)   ^^SALE^^ от 50k    + 1.9%    Продажа криптовалюты / Selling cryptocurrency:   BTC/ETH  - по запросу USDT   - по запросу   Оператор: @Kingex Сайт: Kingex.io Курс на протяжении дня может меняться! ------------------------ Будьте ОСТОРОЖНЫ, появились фейки! Наш телеграм: @Kingex
    • Спустя почти неделю после халвинга, Bitcoin Runes достигли важной вехи, а наблюдатели и участники обсуждают последствия нового стандарта.  По данным информационной панели Dune Analytics, протокол Runes в Биткойне ( BTC ) заработал 135 миллионов долларов США в виде комиссий за транзакции в  блокчейне первой криптовалюты. Данные внутри сети показали, что токены, выпущенные в соответствии со стандартом, принесли более 2100 BTC в течение недели.    Данные о плате за руны | Источник: Dune Analytics, Кейси Родармор, тот же разработчик, что и протокола Ordinals, разработал Bitcoin Runes для улучшения стандарта BRC-20, который рекламируется для начальной загрузки defi в сети BTC.  Runes позволяет пользователям выполнять более эффективные транзакции и чеканить более оптимизированные токены на BTC, используя формат BTC UTXO. Эта концепция была запущена во время халвинга и с тех пор стала источником активности в цепочке BTC.  По данным Bitcoin Wallet Unisat , пользователи отчеканили около 11 000 рун, что является рекордом участия в блокчейне, и резко увеличили комиссию за газ BTC вскоре после сокращения вдвое. Тем не менее, комиссии восстановились через несколько дней после четырехлетней смены кода Биткойна, в результате которой вознаграждение за майнинг блоков сократилось на 50%. Аналитики: Bitcoin Runes могут принести пользу сети в долгосрочной перспективе Изначально биткойн-руны, возникшие на блоке 840 000, вызвали рост транзакционных издержек BTC, но аналитики не ожидают, что этот эффект сохранится в долгосрочной перспективе. Исследователь биткойнов Джейд АРдиналс сказал, что дополнительная нагрузка на сеть BTC была вызвана только аспектом создания токена, также известным как чеканка.  Исследователь объяснил, что спекуляции вокруг рун спровоцировали массовую чеканку, добавив «искусственную» нагрузку на пространство блоков BTC. Аналитики полагают, что это давление утихнет, но утверждают, что стандарт Runes привлечет больше разработчиков к Биткойну.    Руны уже захватили часть активности в сети BTC. Панель управления Dune компании Crypto Koryo сообщила, что 25 апреля на токены Runes приходилось 45% всех транзакций биткойнов.
    • Уважаемые пользователи обменника obmenot.com! Рады сообщить вам об изменениях, которые мы внесли в наш сервис. Теперь верификация карты Сбербанка стала обязательной, однако мы также предоставляем возможность обмена без верификации. Для вашего удобства мы также внедрили автоматические направления обмена по популярным парам криптовалют, таким как Сбербанк — TRX, Сбербанк — ETH и Сбербанк — USDT ERC20. Это позволит вам быстро и удобно обменивать свои средства, в любое удобное время без участия оператора. Мы постоянно работаем над улучшением нашего сервиса и будем рады видеть вас среди наших клиентов. Если у вас возникнут вопросы или потребуется помощь, обращайтесь к нашей поддержке.   Контакты:Сайт обменника: obmenot.comTelegram: https://t.me/obmenot_exchangeVK: https://vk.com/obmenot
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