ETHEUR
Ethereum / Euro
crypto Composite

Vlad went on The Iced Coffee Hour for almost two hours today. Most of it is company stuff you can skip. Here's takeaways that we thoughts were most important and interesting.
**Agents refuse to trade sometimes, and the reason isn't what you would assume.**
This was the biggest standout. People hook an agent up to a brokerage, tell it to place an order, and it comes back saying it doesn't think that's a good idea. Everyone assumes it's some built-in safety layer.
Tenev said it usually isn't. The model isn't saving you from a bad trade, it just doesn't do it. His explanation: training data is full of agentic *coding* traces and has basically none for trading, because nobody's done it at scale before. So the model has nothing to pattern-match against and hedges instead.
Which means it's a gap that closes as more of this activity happens, not a wall.
**The agent thing is already bigger than most people think.**
They expose an MCP server so your agent gets the same tools you'd have in the app. Equities first, options live, crypto announced. Over 100,000 agentic accounts already, doing real volume, with people wiring in outside data sources to build strategies. He said he doesn't really look at their returns, which is either refreshing or slightly alarming.
The framing he used that I thought was right: before LLMs, running any kind of algo strategy meant being a programmer, building integrations with legacy financial plumbing, and paying about $10 a trade for market access. That's the barrier that has seemed to have disappeared now.
**Memecoins and tokenized stocks are getting composed together, and not by the company.**
We made a post about this the other day so it interested us to see him acknowledge this as well.
Robinhood launched a chain with stock tokens on it tokenizing TSLA, NVDA and others, live in 120+ countries, US excluded. Once those things are on-chain they act like any other token: send them peer to peer, LP them into Uniswap pools, post them as collateral, borrow against them.
The interesting bit is what developers did with it. He said people built protocols where holding a memecoin airdrops you stock tokens, and connected memecoins, core crypto and equities into products the company never would have designed itself.
Basically memecoins now have utility and distribution rewards via tokenized stocks that they are being paired with vs the standard USDC/ETH/SOL etc..
**Bitcoin is "the original memecoin."**
His argument was that the brand is the moat and you can clone the tech endlessly, but nobody can take being first and most trusted. He's long-term bullish on BTC of course.
**His take on security atm.**
Pre-AI you could sort of rely on vulnerabilities being expensive and annoying to find. Now spinning up another job is cheap, so nothing is safely obscure anymore. They red-team themselves with AI tools pointed at their own infrastructure. Relevant to anyone self-custodying or running anything with keys in it.
**Short version:** agents can trade now, and when they refuse it's a training-data gap rather than a safety feature. Tokenized stocks are live in 120+ countries and devs are already composing them with memecoins in ways nobody planned. Bitcoin is "the original memecoin" and he's long-term bullish. His bubble signal is everyone suddenly wanting the same thing at once, currently going off on Korean stocks and the chips/energy trade.
# Where we think this goes in regard to AI x Crypto
Our personal view: It's clear AI and agentic trading will have a massive impact in the space. We've seem tons of consumer apps hitting the markets that make trading memecoins and crypto more accessible. However, we believe the breakout app this cycle is at the intersection of crypto and AI, and it looks a lot like the ChatGPT of crypto where trading collapses down to a prompt.
Crypto is where that lands first and it isn't close. Markets are 24/7, the rails are open, and an agent holds keys instead of asking a broker for permission. Every constraint that makes agentic equity trading awkward is either absent or optional on-chain. We fully back this belief, which is why we have been building exactly this for the past year and we have seen a couple of other apps working towards the same. AI x Crypto consumer applications will be one of the largest waves the space has seen, and we're still very early.
Would love to hear thoughts on the interview! It was quite a long one.

Instead of asking about price it’s important to look at fundamentals, tokenomics, transaction speed, how many developers have unique projects on the network. For example businesses that have been technology using smart contracts on the ETH network.
Outside of Bitcoin that makes ETH and SOL of interest to me, and more recently SUI

BTC and ETH for me.

ETH to 6666$ mooonnnnn

Your instinct is already pretty solid here. BTC and ETH aren't really competing for the same job, which is probably why the choice feels harder than it should.
BTC is basically built to be the "buy it and leave it" asset, fixed supply, longest track record, nothing you really need to keep tabs on. If low-stress and long-term is genuinely the goal, that's exactly the profile it's built for.
ETH is a different kind of bet. You're not just holding it hoping the price goes up, you're holding a stake in whatever gets built on top of it, DeFi, NFTs, real-world asset tokenisation, most of it settles back to Ethereum in some way. That's the utility edge you're picking up on. The trade-off is it's a more complex asset with more moving parts, and it can be staked if you want it actually doing something rather than just sitting there, worth looking into if "leave it there" is still the plan.
Since you're already holding BTC from a good entry, adding ETH isn't really an either/or decision, it's just not putting all your eggs in a single basket. A lot of people who want simplicity end up somewhere around 70/30 or 60/40 BTC/ETH for exactly that reason, not because one's objectively better.
Only thing I'd genuinely flag: don't let "set and forget" turn into "forget it exists." Doesn't need to be active management, but even checking in once a year is worth doing. Good luck with it.

Easy short on ETH here target 2169$

Ethereum is the biggest decentralized network. Obviously if you are only talking about as decentealized assets or more (arguably Bitcoin) then nothing else qualifies. OP talked about assets in general. Plenty of assets have less inflation than ETH.

This is like buying ETH when you should have just Bitcoin the whole time 

At 0.25 BTC for 7.8 ETH, is that good value then?

don’t think ETH will have a shining moment anytime soon

She is a 10 but stakes ETH while it’s at ATH

In April 2021, Ethereum broke the $2,500 mark for the first time. That was over 5 years ago.
Since then, it's fallen back below that a full 8 times and gone back above it just as many times.
We all need to chill out. I've been holding my ETH since 2019 and I've already been through this ordeal 8 times on Twitter and Reddit.
As soon as we go a bit above, people freak out. Dear guys and girls, those of us who've been holding for a long time have already been through this times.
Only once Ethereum rises above 5k, let's say to 6k, and then finds resistance again at 5k only then will we have broken the curse. Then we can really go wild.
Also funny to watch: EVERYTIME those chart-gurus are coming out again with "Great breakout from Ethereum, I told you so"
Why do people always come out of the woodwork right at that moment? It's been the same thing for 7 years straight :D
I'm excited too! But we're still far from where we need to be.

Standard Chartered predicts $500K Bitcoin by 2030, but ETH will outperform BTC over the coming years on a percentage basis

ETH is a commodity my friend

Bitcoin is an asset with artificial scarcity. BTC, LTC, Doge, etc. are all currencies, that have as is usual for currencies, an inflation-system built in, that prevents prices from going up as hard, to avoid stores having to reprice daily.
In addition, the hype around bitcoin by primarily the insitituional meme-traders and fomo-buyers of wallstreet is based on the idea, that bitcoin will be very very valuable in 100 years, not based on what it is worth today.
The part many people confuse though... Volatility goes into two directions. Those who praise Bitcoin for not dropping as hard in bear markets, also curse Altcoins for exploding in bull-runs. Bitcoin is a much larger cap coin than all others, so it is already stabilized by that market cap. Many altcoins are cheap af, so they move much harder.
To get a proper perspective, treat crypto currencies as stocks and look how they would be ranked in the US stock market. Would it be tradeable on NYSE or is it too small? Would it be accepted into the S&P? etc.
For example, NYSE has a minimum listing requirement of $200m market cap. This means, BONK at rank 94 with 200.94m market cap would be the last one accepted, WIF at 199m would not be accepted. Including stable-coins, there are only 94 crypto currencies that could trade on NYSE. 2,300-2,400 companies are.
For the S&P 500 you need a market cap of at least 22.7bn. TRX (Tron) on Rank 8 (incl. stables) is the last one that would qualify. This means, only BTC, ETH, XRP, BNB, SOL, TRX are hte only 4 non-stablecoins, that could be listed in the S&P 500. The S&P 6 of Crypto would be quite boring...
But what you need to consider is that for example dogecoin has ALWAYS traded downwards. Go to all-time view and set it to logarithmic. You will instantly see that it is a slow decline, before a massive move pushes it up to new highs, where it proceeds to trade downwards, until the next upwards move. The past 6 years skew the picture, because the Musk/Stimulus hype in 2021 was not a natural ATH. (imho twice as high as it should have been), while the new white house resident in 2025 somehow spoiled the fun for us, by trying to attack every nation he could pronounce and introduce nonsensical tariffs on the world.
That's pretty much the crypto space... global economic waves that span centuries, decades or years affect the money supply, on top rides the Bitcoin wave with its 4 year halvings, followed by the Altcoin-runs primarily fueled through the arbitrage-trades from Bitcoin profits being taken.
One of the most overlooked automations in Crypto... When trading your BTC for ETH and then selling those ETH has a better profit and more liquidity, than selling your BTC directly to fiat, people will take that advantage.
When BTC-ETH and ETH-Fiat unbalance the ETH-Markets, Arbitrage-bots rebalance it, lifting the fiat exchange rate and lowering the btc exchange rate. Fomo buyers see the alts go up, rest is history.

The difference between those and ETH is that Apple and Hyperliquid buybacks are decided on by centralized entities who control the bulk of the asset, wheras ETH's monetary policy is community-governed and resilient to changes opposed by the many

That's fair. (I didn't expect a reply so soon, lol so was gonna log off and deleted comment before reply). I'll say that there are different ways to go about this, but giving you my newbie perspective. I know someone who has made some profit from prop trading, but I doubt that it's a reliable income as he still works his 9-5.
I'm very close to your 1st paragraph. You have more balls than me on your 2nd paragraph, but similarly had a chance to buy into some ETH early but didn't.
This trading game is rough. I halved a small acct in 2020-21, as I swing traded with stocks and then options, before really having a grasp of stuff. Still don't, but really feel more awake to stuff. That said, it's a mental journey (time/effort) that takes a fair amount of time to learn methods. Good time to paper trade here. Then when you feel ready, do some very small trades (I'd suggest less than $20) to just manage it. You need some sense of the pressure psychologically, and more importantly - behaviorally. It doesn't matter what people know, as much as can they handle it and make the right moves under pressure (including the ability to get out of a trade, as in follow their exit rules).
Don't let your ego get in the way. It's always good to test methods or try a new system in paper trading. You'll save money that way. I don't love what AI is doing, but I admit that I use it to learn and improve in quick chats. It also can help develop a lot of things or help review trades.
I've got into trading again since the start of the war, since everything went haywire. I trade out of my IRA, a small percentage of it. Maybe make a separate acct (max loss that is acceptable) as mistakes can happen, especially when dealing with the software side of trading.
Finally, I'll say. Stay method agnostic for a while or at least be able to question methods. And that behavioral side will kick in some negative ways, if you put too much pressure on yourself or put yourself into too stressful of environments. Take a break (sometimes long break) and reassess, when this happens.

Aside from land, any other asset excluding ETH that has had less than 0.8% annual inflation the last 5 years?
- BTC is 1.34% yearly for that period
- Gold 1.5%
- Silver 2%

This is not all or nothing. You can buy some ETH without completely draining your BTC.
The right % ratio depends on your risk tolerance. BTC is "safer" (if such a thing exists in this space). ETH has more upside AND downside potential.
Crypto can survive without ETH, I'm not sure it can survive without BTC.

Goods yan, solid risk/reward ratio! But BTC pa rin safe base. My personal setup: heavy BTC/ETH, then small alt caps. Ready for bull run!