ETHEUR
Ethereum / Euro
crypto Composite

It’s wild to see history repeat itself here again and again. I’ve been watching/involved for 12+ years. The masses buy when things look good, panic sell on the way down, rely on some influencer to decide when to buy back in, or just go full ravenous zombie on the newest social media scam coin.
History is full of warnings against social manipulations like Doge, safemoon, Luna, hawktuah coin, dinkdoink and thousands of other stupid coins. Yet the masses fomo in on whatever’s trending in hopes to get rich quick.
Bitcoin has been pronounced dead around 500 times since its inception. Meanwhile Ethereum has been flanked by hundreds of other competitors claiming they’re the new ETHkiller on the block. All of them dying fast or slow deaths instead. At the end of the day it’s just patience, BTC and ETH. Most everything else is toxic pollution corrupting the market space.

I see ETH, LINK and HBAR bagholders already pushing Agentic AI economy narrative (recylced IOTA M2M economy from 2017). If some big names mention crypto and agentic ai in the same sentence people might fall for it.

Let's be real, ETH is one of the worst performers of the last 6 months. It still has a similar market cap to the next 4 altoins COMBINED. Long term, ETH is holding up fine and will continue to grow. Short term, it has been a bloodbath.

Non-custodial staking directly in the crypto should work well, like the \~2% you can get per year by staking ETH.
The higher the yield, the faster the crypto tends to lose its price, you get more units of crypto, but each unit of crypto is worth less since people sell of the yields. It also means you have to stake it or else you gradually lose market share. I can't think of any high yield crypto tokens, say 25% year pear, that did not have their market cap shrink over time compared to the market.
The underlying mechanic of crypto gaining purchasing power is more people buying and holding it then selling it. Yields don't give increased purchasing power, no matter what it is, it just adds another layer where you have to stake to keep your relative portion of that crypto.

I ran a search of Bens YT and found videos of the end of the 21 cycle where he was still expecting another leg up. He was also predicting an ETH ATH for November by comparing the TSLA chart if you remember around September time too. I agree he may be more accurate but the problem I have with these guys is 7/10 times they are wrong lol thinking back know I maybe wrong but I am almost certain I remember Ben in October saying we could rally after a shutdown in one of his videos

I didnt say that. Crypto will recover. What I am saying is this based on deminishing returns next cycle BTC will probably top at 200k. BTC if it bottoms at 45k thats a roughly under 5x return if ETH follows BTC and falls to 1k. ETH will hit an ATH of just under 5k again. That is what I am saying I am talking strictly ratio wise.

Still hoping it go up in the long run. Only ETH and LTC seemed good buy's to me but will see in the long run. I'm hoping for the best. You been trading or hodling a long time Galactic?

lol! All stablecoins run on the ETH blockchain.

Monero will be 4k.sooner than ETH

Even if it goes down, take a deep breath, in and out. You are alive, sun is shining. Whatever your situation use up borrow function to get yourself back in the game or ahead of the game. I have pocketed yet another $NEXO, BTC, ETH.

Does ETH liquidity even matter in a world where people can gamble on paper options?

Why is ETH gas fees so high even though it’s a POS now ?

We have to stop with the ETH-on-exchanges fantasy. ETH is as available as before, on DEXs.
CEXs have lost a lot of market share. ETH for sale did not vanish, it moved

yeah fair, I guess ETH team are at least aiming for the proof generation to be possible outside of data centres, in residential and commercial properties
Lol on the slashing bit

>I'm not a huge fan of the idea of exchanging real ETH for some "synthetic" rETH that may or may not represent my real Ethereum. I understand that it may be safe, I just really don't like the idea.
Same happened to me lol. It just felt bad to have something in my wallet that's just a shadow of ETH and I'll have to be on a wait list to cash out. This solution sucks.

not just that I dont think ETH will ever hit 1T in market cap. It should be at 400B at thi stime but its in the 200B range. If BTC falls to 45k and ETH to 1k the next cycle BTC will prob top at 200 which is under 5x which will probe ETH top again at under 5k.

Market cap of ETH will surpass BTC in 5 years.

Will be surprising if we don't see a counter trend rally fairly soon. BTC collapse has been impressive, driving weekly indicators to rarely or uncharted values. But with such weakness, could see new lows (esp. for BTC) not too far down the road. I'm watching how the ratio responds to a bounce.
Elsewhere, the staking queue dipped, but has now broken about 4.1 million. Without a large exodus, on track to hit 41 million (34%) ETH staked. ETH on exchanges continues to set new lows, albeit slowly.

Or the headlines are “GS buys BTC”, “GS buys BTC and other crypto” or, at most, “GS buys BTC and some ETH, SOL, XRP” (and they bought 10times more eth than xrp or sol, and the same eth than BTC…)

It feels worse bc BTC is holding up while ETH keeps bleeding against it, which hurts way more psychologically than a simple crash