ETHEUR
Ethereum / Euro
crypto Composite

So I think that the issue is that while *right now* we are benefiting the network, there's a point in the future where staking will be so easy, the network will be so secure, and so many people will be participating in staking, that this benefit will turn into a detriment.
*Right now*, the dilution is more than justified. In 2032, with 80% of ETH being staked, APY at 1.5%, and ETH inflation higher than today's as a result, that dilution will *not* be justified.
EIP-8361 is not trying to fix a current problem. It's trying to prevent a future one.

If BTC gets to 1M, I believe ETH would have similar marketcap or higher than BTC.
Regardless of BTC reaching 1M, I believe ETH reaches 20k by 2030.

The sad thing is … I can’t even sell my BTC and ETH to buy good stocks … everything is either expensive or pure crap

>**Ether needs grounding,**
>**Supply growth is compounding,**
>**Support more bounding.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

It needs real world usage for proper fees. Outside of JP Morgan, which financial institutions are using ETH?

Yes exactly, it's nuanced, not as simple as just saying it's dilution. In fact, I find it reductive to focus on the dilution.
Firstly, it's low dilution (e.g. it's lower than most fiat currencies).
Secondly, solo stakers are benefiting the network as I described above, while taking opportunity cost and risk as you mentioned.
So the point of my post was just to share a feeling (that I thought might be shared by other stakers), that I don't like being told I'm "diluting ETH holders" via this EIP and surrounding discussion, when I'm most likely benefitting holders by a larger margin by running a validator and contributing to decentralisation and censorship resistance etc.

I work in tech/cyber consulting. Crypto is far from dead. My clients include financial institutions adopting crypto (mostly the blue chips like BTC, ETH) for both consumer-facing investments (ETFs, etc) and internal financial operations (moving transactions on-chain). They are paying money to secure/advise them on these things, so they must believe in it's future profit/savings potential.

With passage of CLARITY act, we would get legalized stablecoin yields and everyone in the world will be able to own USD-denominated virtual bank accounts. If you don't have relatives outside of the US or the Eurozone you won't understand the latent demand for US dollars. That alone will make ETH and other defi layer 1's and layer 2's demand go through the roof in the medium term (5-10 years)
Lastly about NFTs. Yes the NFTs that were popular in 2020 are likely dead permanently. But NFT technology may be the future of art/copyright - the only thing we have to validate real human generated work in the age of AI slop.
In the long term 10 years + , we are seeing a decline in the dollar as the world reserve currency as the US's status declines relative to China. International trade will no longer have a single currency in which to transact in. China has already bought up massive amounts of gold in preparation for this, but gold is not suited for today's instantaneous economy. I think the long term winner here will be Bitcoin.

So let's assume your model continues and compression with the next peak is 1.5x this most recent peak - that would still be BTC value of around $184,500 which is roughly a 3x return from current levels which massively crushes expected returns of the S&P500.
I think the next cycle will fare better for ETH and SOL and maybe a couple legitimate smaller coins but even just sitting in BTC will remain fine.
The trend is the trend until it ends, and the trend is still higher highs and higher lows even in spite of some macro headwinds.

I was a 1+ BTC holder some time ago. Sold it all off, along with all my ETH and LINK for a decent profit (long before BTC broke six figures though).
Never went back. Now 95% S&P, 5% gold, but even the gold I'm intending to sell soon.

Given how low it is right now I plan on just letting my ADA position ride.
BTC is an obvious one. ETH I think is solid but what makes me a bit less excited about it is I don't think it will make massive returns relative to BTC. For instance, in 2021 it peaked at .085 to BTC, so it could maybe do a 2-2.5x compared to BTC at best.
The only alts I'm really considering are maybe SOL and LINK.

I thought we were talking about inflation in general, not specifically ETH inflation.

E.g.: ETH, SUI, XLM , ICP, BTC, TAO, etc.
Centralized fake-crypto, such as pengu, bonk, mother, hogan, turbo, popcat, ... and the billions of other shitcoins, created by 12 year old pimple assholes or a corrupt president or a wannabie star is not decentralized, nor trustless.
Fuck memecoins!

**BTC** and **ETH** are solid, I have no faith in ADA but you do you.
**SOL** is still solid. Outside of those three mostly only dabble smaller positions in **ZEC** (privacycoin), **HYPE** (good growth map and tokenomics), **ONDO** (traditional markets moving into crypto with a potential inevitability of 24/7 stock trading using blockchain -- general RWA exposure.)

Don't know if I would venture beyond ETH this time.
The last bull cycle was so disapointing. Alts even more disappointing. We never had any alt season.

If I buy alts again, I don't know if I would buy anything beyond ETH.
Monero is definitely still useful, but it's getting harder to trade.
For gains, maybe ADA? Maybe XRP for institutions?
Don't know if I could put any trust in Sol, BNB, Tron, etc... They might get some hype and still rally, but it's so hard to trust.
I don't know if I would even want to get into the rollercoaser of meme coins.

I lean more towards being a BTC maxi, portfolio is roughly 75-80% BTC that I've had for a while now. The remainder of my crypto portfolio is ETH and ADA that I've been staking for a long time as well. I have a stack of cash waiting in reserve if we do in fact have another leg down from here and while I was originally planning on allocating 100% of it into BTC I'm considering the possibility of making some moves with alts, as they are quite cheap right now.
Looking to see what you guys are getting into here.

This is dishonest. Two things can be true at the same time.
I'm a solo staker. I consider running my node both altruistic (in the sense that I'm taking a significant opportunity risk at a low APY) and diluting vanilla ETH holders.
As the network matures and becomes more robust and tested, I would expect the APY to go down accordingly, since the risk of network/client issues is lower every day.

We have only seen BTC and ETH fail on this capacity. Steller and XRP are getting assets on block chain at an astronomical rate.

lol, so that's how he died!
Note there is no date on my post for BTC hitting a million. Even if it just rises with inflation it will get there eventually. I thnk a $1M BTC by 2030 is not absurd and if Bessent gets his way with bitbonds, even sooner.
Probly looking at 30-50k ETH but many many unpredictables between now and then.

I'm interested in people's best guesses to the answer to this question...
If/when Bitcoin hits $1M what will the price of ETH be on that day?