ETHEUR
Ethereum / Euro
crypto

Relative valuation plays a large part in pricing crypto assets: [https://en.wikipedia.org/wiki/Relative\_valuation](https://en.wikipedia.org/wiki/Relative_valuation).
In the short term, if no new information is available, any coin is likely to maintain roughly the same relative value to another. E.g. if ETH is 20% the market cap of BTC and BTC goes up 5%, then probably ETH should go up 5% too. Algorithmic traders will arbitrage coins based on their own proprietary models of expected correlation — e.g. if an arb bot thinks one is under-valued and should return to its model of expected value, it'll buy the cheaper one and short the expensive one to capture the spread.
Most coins have zero fundamentals, so you can't really value them based on something like a discounted cash flow model, that analysts might for companies. Relative valuation is used for stocks and other assets too though.

What color is your ETH?

Idk, literally last year we saw a pretty similar rise in ETH from 1,500 to 2,500 and then straight to 5k. So…

https://preview.redd.it/7cbrh04m2vkh1.jpeg?width=1284&format=pjpg&auto=webp&s=d127d4f0daed7e9f048181d2ce1f549fd60b9011

Don’t worry OP, you still have many options, just not in crypto (ETH especially). 😬

I’ve been thinking about using Wrapped Bitcoin to get extra interest on my holdings as i planned not to sell within at least 5 years, and if i could get interests while waiting, just like ETH staking, i find this pretty interesting, I'm wondering how safe it actually is. I know WBTC is backed 1:1.
Do you consider WBTC safe enough to hold for a longer period, or is it something you only use temporarily for DeFi? Also curious if people prefer alternatives like cbBTC or tBTC and why.

I noticed that - the PLS/X ecosystem up too - usually BTC/ETH leads, but weird to see an alt front-running for once.

But you had better exits and probably still have a ton of ETH right? right??

This comment made me laugh. But I am also pretty high right now. Both on the THC and the ETH.

I mean no one knows anything, ETH doesn’t have a ton of room to grow but cro does

I sold my ETH for 200 a share or something stupid way back in the day. Don't worry about it, move on, live to see another day.

If it makes you feel better I sold 1,000 ETH under $100 during the 2020 crash

Im pretty young , 25 years old. Held ETH since 2024 but sold with a loss of $36 000 USD at $1590 this year because i tought it would crash more. My thesis was 1. No clarity act. 2. Rising oil prices 3. Iran war. Needed my money because im buying a home in 1-2 years. This junk coin decided to pump and currently sitting at $2520 now. Missed out a huge chunk of money to save. How do yal deal with this type of suffering lol. No hate comments thanks.

https://preview.redd.it/fd1wkadhgukh1.jpeg?width=1320&format=pjpg&auto=webp&s=e203159afe3d1ffdc8b96951842de0540c3c41d1

I held. Because I learned everything I could since 2021 about ETH, TA and I stay present on current affairs on CNBC etc. you need better understanding of assets and markets and how they operate. I probably bought your 18 ETH, because smart money buys in extreme fear and when RSI is extremely oversold.

ETH, HYPE, HBAR, AERO, LINK

SOL, ETH, HYPE, PUMP

real products, real usage, fees accumulating, and HYPE/PUMP use it to buy back the token

Im heavily in CRO but seriously you could have just bought btc for the same gains...or ETH, XRP for more...

My motto was after I buy I don’t sell until 4k and it worked time after time and I was locked in…
Then I opened Instagram one day and saw a dude talk about the BTC pattern that every 1064 days then 364 days it’s all time high low pattern for bitcoin and ETH tends to follow BTC ( not always ). I did my own research and he was indeed correct. On the days exactly since like 2014 bitcoin has had this pattern. Last year I sold early October and made a ton on ETH ( 2.5x $20,000 ) then I rebought in February I think around $2,200 per coin and bought as it went down. Then 1- 2 months ago crypto took a big plunge and my fear factor went off because I instantly thought about that pattern ( 1064 days, 364 days) technically if that pattern still stands today October 5th will be a very low point for BTC.
I sold the dip like an absolute idiot at $1575 took a $15k loss from $54,000 to $39,000 from that sell with hopes it was going to continue dropping.
Here we are 1-2 months later and I’m kicking myself because either ETH rides this trend all the way back to $4500-$5500 or if I’m lucky it pulls back once more for me to buy back in when October rolls around.
Either way, ( tax write off is my benefit ) and if it continues on to $4500 I learned my lesson… money is just money and lesson learned for the future. Always trust your gut.
When I sold at $1575 I wasn’t in my right mind and the emotions won that battle. But oh well. Congrats to those that won that mental battle I hope you sell at $5000+ this ETH cycle.

* WEIGHT
Among popular listings like CoinMarketCap/CoinGecko only few projects are open blockchains, rest of 8-18k listed are privite money, free-floating or stabilized. Open blockchains are only trustless because of entrepreneurial energy bets of miners, one can grab two chains, compare chainworks, apply heuristic about mining algorithm and calculate chain weight in burned energy. Usually not important, but critical in a time of contention, forking. After absolute weight is known, it's also important how secure a chain is - how much time it would take for current global hash of this algo to rewrite it
Bitcoin is the heaviest open blockchain sitting at about 800 quadrillion Joules (assume 8 Joules/terahash average mining efficiency and grab last chainwork), the most secure with 1200 proof-of-work equivalent days of double SHA-256 (most invested and industrial algo). All other open blockchains quickly decay in Power law in weight and security from my estimates. Biggest open blockchains by market capitalization: BTC, LTC+DOGE (tied due to merge mining), XMR, BCH (ETH was one of them, no longer since September 2022), smaller ones are not very interesting for me
By weight in petajoules, very rough estimates: BTC 800, LTC 50, BCH 5, XMR 2-10. By security: SHA256b investments far outpace Scrypt and especially RandomX (Qubic was attacking XMR in the range of $mlns of attack cost or less)
So, as I see it: nothing comes close to Bitcoin, only Bitcoin Cash is moderately interesting and worth a hedge because of SHA256b tug-of-war and BCH's chain-of-signatures elegance
* QUANTUM
As I understand, biggest threat by far is Shor algo, once written as a quantum program, running at 2000+ logical qubits, once built - to coins locked in pay-to-public-key scripts, P2PK coins. Pay-to-pulic-key-hash (1x... addresses, witnessed P2WPKH - bc1...) P2PKH coins are safe from the initial vector, attacking them would require bundle of algos and will be much more expensive and probably require bigger quantum computers. It seems that a guess of 5-7 years to 2k qubits is reasonable
Best practice in Bitcoin is to have only one funding transaction per each address, otherwise it could be P2PKH with exposed public key, vulnerable on the same level
My best understanding of mitigating suggestions: BIP-360 on Bitcoin and Quantumroot on BCH that they are depend on coin holders preparing. In scenario when they don't, quantum attack is surprising and fast, I would expect forks of affected open blockchains - freezing consensus-vulnerable coins or letting them be revealed (effectively stolen) back into circulation
Then, I would just follow the heaviest fork between them (within Bitcoin consensus, and separately within BCH consensus), price will be the major factor of either fork staying heavy, or lightening up, and either fork retaining security or losing it

I hold a lot of CRO (way more than you ;) , I want it up. But that does not make me blind, relative to the overall market, CRO has under performed. Again, compare CRO to BTC or ETH via CRO/BTC or CRO/ETH and see for yourself. Now a look at XRP/BTC or XRP/ETH… these are the over performers!
But there is good news on the way, if they nail the restructuring of the supply, sky is the limit.

I don't know man... ETH barely got back to it's ATH last cycle. It seems pretty optimistic to think it will more than double it's ATH this upcoming cycle.