ETHEUR
Ethereum / Euro
crypto Composite

BTC is a long-term play. ETH is questionable as the projects supporting are mainly based on throughput, not store of value.
Everything else just exists to wait for a pump and sell, here's where you need inside information for an edge.

Guys I'm very depressed about the ETH price. I have a lot tied up in it and I want to get liquid, but I can't bring myself to do it when price is this bad. I don't know if I can wait for another 2 years of this to the next halvening (even then theres no guarantee about price action)
I admit I held at 4.9K thinking it'll go higher, was targetting to start selling above 5.5 or 6K. I remember people were ebullient in here saying we got Tom Lee buying billions and targeting 10K, why are we setting price targets so low. Then 10/10 drop came out of nowhere. I sold some small amounts down to 3k, still holding most of my ETH because its always represented for me the hope of financial freedom.
we're in the depths of bear market again for god knows how long, fuck.
Now

Maker was great when it was a simple immutable CDP contract that minted DAI with ETH collateral. Moving to multi-collateral DAI was a terrible move because at that point you’re just minting a stable with another stable… but at least MCD was still using immutable contracts. At this point SKY is a total shit show IMO. USDS, sUSDS, Spark, and Spark ALM all use upgradable contracts… and these aren’t simple contracts either we’re talking about >60,000 lines of code. On top of that you have the same contagion risks as AAVE, and you have to trust the DAO to manage collateral off-chain. It’s too much risk for too little reward. You can get similar returns elsewhere without having to worry about all that. Morpho Blue (for example) is only 650 lines of immutable code and the pools are fully isolated. There’s no contagion risk, no proxy contracts, no in-house oracles, and no off-chain collateral. It just doesn’t make sense to take 10x the risk to get an extra 1% APY.

Welcome people, today (well last night) marks the official birthday of Obsurfer a NFT marketplace for trading NFTs as part of a DAO. To be a part of the beta comment your interest below!
\\\*\\\*But why a DAO?\\\*\\\*
Being part of a collective enables you to share the risk in purchasing new NFTs, splitting the cost with fellow members. Together, you make decisions that affect each trade. No one person is responsible for the success of a trade and it takes the majority to win a proposal.
\\\*\\\*How do trades happen?\\\*\\\*
A token holder may sell an nft on the platform by submitting the details in the app. DAOs then execute proposals that turn into bids. DAOs bid against each other to get you the highest price for the NFT. Buying an NFT is simple. Select a DAO from the list and browse their wares, select on an NFT to buy.
\\\*\\\*Minimized Risk, minimized gain?\\\*\\\*
Shared risk, shared gain. The profit distribution is calculated based on how many shares you own. You choose how much to invest and in turn receive as profit.
\\\*\\\*There must be more to it?\\\*\\\*
Your stake in a DAO holds value. You can sell your shares for a price set by you, handy for when the DAO is full and business is booming to make a bit of quick crypto.
\\\*\\\*The legal stuff\\\*\\\*
Trading carries risk and while the risk is lessened here it still requires you to invest money into something that may or may not give you returns. Trade at your own risk.
\\\*\\\*The technical stuff\\\*\\\*
This app is a typescript port of a golang desktop app that used key stores for the wallet. For the Beta, private keys are stored in a database that is encrypted client side by a password of your choice. New wallets are automatically created and it’s recommended that you use an auto generated hot wallet instead of importing a private key from an existing wallet. The beta runs on Sepolia so use a Faucet to get sepolia ETH to start trading on the platform.

I really appreciate your response, I saw you are one of the EIP authors / contributors, but I didn't want to tag you. Also I want to thank you for your work. I believe that your intentions are good, as stated I believe we need this/ some similar EIP in the future, so I don't think you deserve the hate you receive basically everywhere these days.
When posting I forgot one thing I always had in mind when I was thinking about the whole topic.
With L2s we are happy to keep the fees low and basically subsidize them until they have won. I think Justin Drake said this in the past (but I am too lazy to find a quote, I guess you know what I am referring to). There are a lot of people saying fees for blobs should be raised (and I think they indeed were marginally raised with one of the last forks?) but the general strategy still is to keep costs low to attract developers and keep L2s competitive. I think that is the right idea and strategy and support it!
At the same time we could do the same on main net with rather high rewards for staking and follow the same approach, but here we are hesitant to do so. I understand the results are completely different and the L1 decision is way more complex, but as we have seen, the L2 change resulted in a lost cycle... (yes, I know we don't know where ETH would have ended without L2s or a different roll up strategy, so this is an assumption, but again for the sake of the discussion...)
>Wholeheartedly agree. I think the change is still right to do and we still have a window to do it. But that window is certainly closing.
The future will show us. But there is still one thing that I would like to mention: If we don't change the issuance (and there is also no competitor copying your approach, which I don't expect them to do), then Ethereum is still in the best position because of the rather low issuance *and* the crazy people that will likely solo stake even if there are negative tax consequences. Ethereum will still be the most decentralized network. Ethereum will still be the network closest to MVI.
So basically path dependency also has some good sides. Some years ago everyone was saying that "don't the road all L1s are building the same thing, just starting from different angles". I don't think that is the case. ETH might be the inly chain positioned to scale L1, have L2s and still be decentralized while L1s that started with massive scale but just a few validators might not be able to add (independent) stakers later on. And for like the 3rd time: yes! I know this is just an assumption based on what we have witnessed the past couple of years, no guarantee. But it still gives me hope we can somehow and magically keep the window for the EIP/ issuance reduction open far longer than we are expecting now.
Again: Thank you for your service, your comment, I hope my comment is one of the less offending and maybe even a little helpful.

The majority of my crypto portfolio is in Bitcoin, then I've got ETH and a few smaller alt positions. The biggest change for me is I don't really think of them all as one thing anymore.
BTC and ETH are long term holdings for me. I'm happy to sit on them for years and see where they go.
The smaller alts are different. I'm under no illusion that I need to hold them forever and I'd happily take profits if they do well.
Interested if others separate their crypto like this, or whether you treat the whole portfolio with the same timeframe.

With only $500 I would tbh not bet on major ones like BTC or ETH. Buy Hyperliquid or Solana instead - those both with outperform of that I'm sure. BTC and ETH is safe play but I guess the outcome of both with such small investment would be neglectable.

Ouch, 40k down from leverage is brutal. Sending ETH straight to a Ledger is basically buying and holding in self-custody, just make sure the seed phrase stays offline and never gets typed into a website. Accidental buy or not, that’s way less stressful than chasing trades lol

Guys will ETH recover

Decentralized stablecoin minted with only ETH, wstETH and rETH as collateral, fully immutable, unfreezable and instantly redeemable for $1 of wst/r/ETH at any time. A+ rating from teams that evaluate stablecoin risk. Built by Liquity.

🌍 **Macro**
U.S.-Iran negotiations remain stalled, with restricted shipping through the Strait of Hormuz pushing Brent crude toward $91/barrel. Meanwhile, U.S. long-end Treasury yields climbed sharply, with the 10-year yield reaching 4.73% and the 30-year yield hitting 5.31%, keeping pressure on risk assets.
⸻
📈 **Market Snapshot**
• BTC: $64,531.90 (+2.59%)
• ETH: $1,913.54 (+2.00%)
• NASDAQ: 26,644.91 (-0.32%)
• S&P 500: 7,745.06 (-0.52%)
• F&G: 41 (Fear)
⸻
🧠 **Market Take**
BTC rebounded back above $64K despite weakness in U.S. equities, while ETH also recovered toward $1.9K. BTC is now testing $64K as a key battleground, but the $65K area remains a major resistance zone.
**Key levels:**
* Resistance: $65K
* Support: $64K
* Trend: Range-bound recovery
The rebound is encouraging, but rising oil prices and long-end yields remain headwinds. Without sustained volume expansion or a meaningful decline in yields, BTC may continue consolidating below $65K.
⸻
🔥 **Hot Tokens**
* 牛来: Gained attention from the film 牛来 and its “bull market” narrative, boosting short-term trading activity
* COMP: +10% after a leadership reshuffle and launch of a $52M V4 program focused on RWA and institutional credit
* ANSEM: +20%+ after launching a community token issuance platform with the Z500 Index and token-burn mechanism
* VVV: +12% after reporting 4M+ users and $100M+ annualized revenue, alongside continued buybacks and burns
⸻
📰 **Key Updates**
* Ethereum: Foundation released the early Glamsterdam testnet, targeting stronger L1 execution and block-building efficiency
* ETH ETFs: Recorded a record \~$2.85B in weekly net inflows, significantly above BTC ETFs’ \~$548M
* Strategy: Made no new BTC purchases, maintaining 840,447 BTC while prioritizing USD reserves and preferred-share buybacks
* U.S. Treasury: Opened public consultation on GENIUS Act stablecoin implementation rules
* Hyperliquid: Supported removing the SEC order protection rule and called for tailored best-execution guidance for onchain markets
* Pump.fun: App launched zero-fee trading, with cross-chain fees set at 0.1%
* Tether: July stablecoin market cap fell to \~$308.3B, marking three consecutive months of net outflows
* Bitmine: Purchased another 9,926 ETH worth approximately $19M
* Japan: 5-year government bond yield reached a record 2.18%
⸻
👀 **This Week to Watch**
* Aug 19: 50% U.S. tariff on certain Canadian products takes effect; U.S. weekly ADP employment data
* Aug 20: Fed July FOMC minutes; U.S. initial jobless claims; ZRO unlock ($19.9M); KAITO unlock ($11.5M)
* Aug 21: U.S. August PMI; Japan CPI; AKE unlock ($21.27M); GWEI unlock ($5.18M)
* Aug 22: SENT unlock (\~$4.16M)
* Aug 23: SOON unlock (\~$3.93M)
⸻
⚡ **Quick Take**
BTC has reclaimed $64K despite rising oil prices and long-end Treasury yields, showing relative resilience versus traditional risk assets. **$65K remains the key breakout trigger, while $64K is the immediate support.** Strong ETH ETF inflows also suggest institutional capital is beginning to rotate toward ETH, making the BTC–ETH relative-strength dynamic worth watching.

> and encourages remaining big staking entities to follow through
Last time I checked, several participants, CB in particular, were still pissing out 32 ETH validators. You can see that after a large wave of consolidations over during 2025, early 2026, # validators started rising again. It would be good to see some direct engagement with assholes like Armstrong to understand why they don't care (if it's not happening).

For a first crypto portfolio, I’d personally make **Bitcoin the clear majority**. I’ve been through multiple cycles, makes perfect sense to have higher Bitcoin allocation, otherwise holding anything else you will round trip.
Allocate something like:
**70–80% BTC**
**10–15% ETH**
**5–10% SOL**
**0% XRP / SUI for me**
Why heavier Bitcoin? Because it has the strongest track record, deepest liquidity, clearest market cycle, and the lowest chance of simply disappearing versus smaller crypto assets.
I’d also split BTC into two bags:
**1)HODL bag** \- long-term, ideally untouched.
**2) Swing bag** \- accumulate during the bear market, take profit near the next major cycle top.
For ETH/SOL or any other altcoins, I’d treat them differently: **I would plan to sell most or all near the next Bitcoin cycle top and rotate profits back into BTC or cash.**
And with Bitcoin still in a bear-market zone, I’d personally be buying more now through DCA rather than waiting for everything to feel bullish again.
Good luck 🍀
[Bitcoin Bear Market DCA Playbook](https://youtu.be/JXvr49ECTuo)

a core tenet of crypto I think you missed is that price action never followed conventional logic. What should appreciate based on genuine fundamentals and demand simply doesn't (and vice versa).
Instead price action has always been a function of hype and artifical market manipulation, hence price tends to move at seemingly irrational periods of time with no true catalyst, other than, some whale just decided to buy. The explanations/correlations for price movement always happen after, not before.
So to answer your question, you should have no reason to believe your ETH is going to appreciate for any real reason. If it does appreciate, its because some people are trying to create/manipulate hype and transfer money from the untrained into their own pockets. Thats virtually it. The rest is luck.

I wanted to understand your tax point better, and I think I get it now.
Issuance and staking yield are obviously linked - the ETH being issued is largely what creates the staking reward. The tax problem is that part of that nominal reward is really just compensating the staker for dilution caused by issuance to everyone else.
For example, at a 2.6% staking yield with 0.8% dilution, the dilution-adjusted gain is only \~1.8%. But if the solo staker owes, say, 30% tax on the full 2.6% reward, that's another \~0.78%, leaving only \~1.0% before hardware and other costs.
So I can see the concern now: higher issuance gives you higher nominal yield, but also more dilution and a larger taxable reward. Lower issuance reduces the dilution and tax burden, but obviously also lowers the APY - which can create the opposite problem for solo stakers.

ETH Daily - Monday, 17th August 2026 📰
\-Ethlabs shares Hegotá EIP rankings.
\-EF Protocol Architecture team also outlines Hegotá priorities
\-The Platåberget testnet is open for developers.
\-Farcaster is looking for a new home. Neynar is winding down.
\-Lido Curated Module v2 key deposits.
\-Cloaked opens its browser extension [waitlist](https://x.com/staycloakedxyz/status/2089317989870977093).
\-FWA [unveils](https://x.com/Rhynotic/status/2089120872447508847) "FWAir" NFT launches.
\-Liquity [activates](https://x.com/LiquityProtocol/status/2089363185820463359) V2 incentives.
Read more: [https://ethdaily.io/hegota-priorities-ranked-from-66-eips](https://ethdaily.io/hegota-priorities-ranked-from-66-eips)

I literally said “shameless repost from that thread.” Your XCancel link led me to that discussion, I saw the comment about ETH issuance, and it got me thinking about issuance and staking yield. I never claimed it was a direct response to the specific comment you linked. That’s the connection.

On the flip side of that, I'd say the only proper way to speculate is to understand the tech and why that matters.
Currently the top 2 chains by marketcap, and most of the top chains, have significant issues or limitations.
Sure, they have shown that you can get good return on your investment, but how long will they dominate? ETH seems to have stalled on that front. The market has finally recognized it can't scale, and so the price action has stalled too.
If you don't understand the tech, then you are just going to end up throwing money at memecoins or bad projects. Sure, you might get lucky, but who wants that risk?
There's a saying when it comes to markets: "In the short-run, the stock market is a voting machine. Yet, in the long-run, it is a weighing machine."
So, while BTC and ETH might have 'the votes' now, that doesn't mean they will in the long run. People speculating on Algorand believe the tech holds weight in the end, and the market will reflect that.

There are plenty of legitimate ways to donate to public goods onchain, but I don't think any memecoins would be included in the list.
Gitcoin, Giveth and Octant are all platforms I've used in the past and continue to trust. They all work in different ways and are worth learning about from a perspective of interesting tech solutions to democratizing funding what matters, even if you don't plan on using them yourself.
I don't really see why making a charitable donation through part of the fees for a memecoin makes sense, compared with just donating all that you want to give, it seems unnecessarily convoluted, and there is clearly a risk of the creator just keeping everything.
Lots of people in crypto are pretty generous. Gitcoin alone has had 5 million donations, from 270,000 people through its quadratic funding rounds, totalling over $60 million.
Crypto users also donated a pretty huge amount to Ukraine when Russia invaded, about $29M in ETH, almost $23M in BTC, and roughly $12M in USDT, though that was mostly direct donations rather than through any particular smart-contract platform.

Really? You don't know what gas fees are? Or are you just playing dumb because I called gas fees (ETH) instead of just transaction fees or btc fees?

Or tell me how you are the only person in the world to transfer btc with no fees...