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#Scam Warning — Do Not Send ETH 🚩🚩🚩
This post boosts a profile that tries to lure you into a fake crypto multiplier/doubler scheme and scam. They claim to have a so-called "ETH bonus system." They state that if you send them your ETH to their address, they will add 1% to it and then return it to you, which, of course, is total BS as there is, of course, no bonus system, no Ethereum test, and no +1% return. Any ETH you send to this address is gone permanently -- the scammer keeps it all. Also look up the EOS address poisoning scam. This scam has stolen millions of dollars across countless variants.
**Rule of thumb**: No legitimate platform, test, or protocol will ever ask you to send crypto to receive more back. Ever.
**Also, and most important**: I recommend that folks review the profile mentioned in the post above, u/Buckitol. If you find any posts in that profile that appear to invite fellow redditors into a fraud or scam scheme (and it is likely that they will), they should report the offending post as having a "prohibited transaction".
If enough of us report the source post, Reddit may actually take action. Let's help protect our fellow redditors!

Where can I get ETH for $1600?

Yes, provide quantum-resistant keys to those who want them. To those who want to stick to the old keys, the risk is on them. You don't need to freeze (that is, burn) those addresses. You don't need to re-release those blocks to new mining rewards either.
This is something that I'd expect some other crypto to do. Not BTC. I wouldn't even expect ETH to do it either. It goes against the entire ethos of the project.
And fuck greed. Greed is God, for some reason. Understandable, but this is a self-contained financial system. You don't mess around with such a system unless you want people to abandon it, and I can assure you they WILL do that.

I am catching up on talks I missed at ETHCC. There was an interesting one about the Kohaku wallet from the EF. The Kohaku team around Nicolas Consigny at the EF studies an implements privacy preserving methods in simple packages for other wallet developers to use in their own products. They also implement some workflows in their own Kohaku wallet, which apparently is a fork of Ambire. No I am not getting paid by Ambire to post about them twice within 2 days, honestly. They forked it last summer, so it it is a bit out of date. Kohaku now has a demo of how to integrate privacy protocols, to shield ETH and tokens on the Sepolia testnet. It supports Railgun and Privacy pools.
I played around with it. The workflow is pretty nice, but there are a few hiccups here and there. It is pretty nice to see the shielded and unshielded portion of your funds, as well as being able to send to any other address without leaving an obvious trace. Tornado cash should be supported soon as well. But the wallet not only supports privacy protocols on chain, it also uses the colibri light client, which runs locally and reduces the information you hand over to centralized RPC providers. Thanks to colibri the Kohaku wallet can even do transaction simulations locally without disclosing anything about your transaction before it is sent out.
Some of the hiccups are that transactions from and to privacy protocols can take a bit longer and it is not clearly indicated what the status of the transaction is. The transaction simulation is relatively slow. At the moment the Kohaku wallet supports Ethereum only, but they will soon support mainnet as well. It will still be for power users only though. According to Nicolas, the implementations they did will find their way into official Ambire wallet, so there is a production-grade wallet supporting privacy preserving features and protocols on the horizon.
Link to the talk: https://ethcc.io/archives/kohaku-reclaiming-the-original-vision

So, holding ETH helps you get taller. Got it.

It’s not. MWETH is pegged along with ETH as a staked asset. It moves only around 1~1.2ETH=1 MWETH range. The reason you’re seeing a 4 digit number is only because of low liquidity/ error, which is a common wallet/ portfolio scanner error

this is basically an ORB on a longer timeframe which is one of the most studied setups out there. the fact that it worked from 2022-2025 tracks because ETH was range-bound for a lot of that period, and ORB variants print in chop. the question is what happened during the big trending moves, nov 2024 and early 2025 for example, did the breakout entries get run over by momentum or did the range definition save you? if the system survived those and still printed it's probably real edge. if most of the pnl came from the flat months you're basically short vol with a mechanical entry

If ETH really hits 10k, I’m upgrading from checking charts every 5 mins to every 2 mins 😄

Good prompt. My pre-trade pass is BTC/ETH context, funding + OI, then 4H/1H/15m alignment. I’m building Effortless Chart, a crypto-focused multi-chart beta, because bouncing between too many tabs was slowing that exact workflow down.

The funniest thing about ETH is that you could come from the future and tell me the price in 2035, and no matter if it's $250, $2500, or $25000, I will think "yeah in retrospect it makes perfect sense".

if you zoom out, ETH always feels like it’s "too late" until it isn’t

honestly no one can time it perfectly, ETH can dip hard anytime even in an uptrend

You spend ETH, you sell BTC, that’s the difference.

Only buy what you can explain to someone else in one sentence.
If you can’t describe what it does and why it has value, you’re speculating on price movement not investing.
BTC and ETH first, understand those properly before touching anything else.
Keep position sizes small enough that a 70% drop doesn’t change your life.
That scenario has happened multiple times in crypto history and will happen again.
Automate your buys on a schedule and stop checking the price daily, the emotional noise from watching crypto tick by tick causes more bad decisions than anything else. Good luck

NFT pioneer Steve Aoki reduces SHIB and ETH holdings, holds on to Bored Ape

not gonna lie this sounds exactly like the kind of convo that pops off in our group chat when someone gets a big win and everyone starts theorycrafting lol
but trying to “target” 1M from 230k in one cycle is kinda where people in my circle usually get burned. the moment it turns into a number goal, people start reaching for riskier plays just to hit it, and that’s usually when things go sideways.
most of my friends who’ve lasted more than one cycle ended up doing the boring split. like a solid chunk in BTC/ETH and then a smaller “high risk” bucket for alts they actually believe in. the ones who went all in on trying to 3-4x fast usually either sold too early or rode something all the way back down.
also mentally it hits different when it’s a big lump sum like that vs slowly stacking. people get way more emotional about every move.
if it were my group, we’d probably be arguing over allocations more than specific coins tbh. are you thinking of going heavy into alts or keeping most of it in the safer side?

Around 70/30 for me. Tried going heavier on alts before, just ended up stressing.
BTC is the base. Alts are just to maybe catch some moves. Got ETH cause it’s everywhere, SOL cause it sometimes runs hard. When things dip, BTC at least keeps the whole portfolio from looking like trash.

I don't think these numbers are correct because ETH marketcap would have been higher than BTC, which never happened.

yeah so first thing, you’re right to pause on this instead of just jumping in
short answer: yes, ETH can be converted into real USD pretty easily through legit exchanges. so that part isn’t the issue
the real question is whether the buyer and platform are actually legit
because in NFT art DMs like this, there are 3 common patterns:
1. real collector (rare but possible)
2. fake “collector” trying to push you into a sketchy site or fake payment flow
3. scam where they show fake “you received ETH” messages and ask you to pay gas/fees to unlock it
about Artistloom specifically, I’d treat it as “unknown until proven otherwise” not automatically safe or unsafe
if you even consider it, don’t do anything outside trusted platforms
never send ETH to “verify wallet”
never click random mint links from them
and don’t move your art off your normal accounts just because someone emailed you
also important point: real buyers don’t usually rush or pressure you, they just buy or negotiate normally
if you want the safest move as a hobby artist who didn’t even enter NFTs before, honestly ignoring it is completely valid
you’re not missing some big opportunity here, these offers are extremely hit or miss and scams are way more common than genuine collectors reaching out cold
if you want, paste what they actually sent you and I can tell you pretty quickly if it looks legit or scammy

Last couple of years ETH seems to dip in the first months of the year, good to see you guys are paying your taxes.