ETHEUR
Ethereum / Euro
crypto Composite

L2s and alt blockchains should have never existed in the first place. The only reason L2s and solana sui are around is because of the exorbitant tx fees on Ethereum a few years ago. ETH would be worth a lot more today if they didn't fuck that up.

This is all maxi nonsense.
L2s are separate networks that write a receipt of transactions to the L1. They get the user revenue. They have already failed as a L1 replacement so this entire conversation is pointless, but user revenue goes to the L2 operator, not ETH stakers. That's it. That's all that needs to be said. Revenue from receipt writes is near 0. Framing it like this is a sustainable source of revenue is very misleading.
If Base took all Ethereum users then Coinbase gets all that revenue from activity. They do. The winning L2 would theoretically rise fees proportional to its own Network effects based on offering the best experience. They have the users. They control the revenue flow.
Using an L2 as L1 replacement does not help the value of ETH in any way. L2s don't even need to make users pay their fees in ETH and many have already moved away from that requirement. Might as well be running as a completely separate L1. Would offer better security and a better experience to their users. Why scalable L1s have already killed all general purpose L2s.
This is what happens when the L1 doesn't scale and no one can actually transact on it. If they did, the fees would immediately shoot right back to non-usuable levels at only 25TPS. Why everyone left Ethereum and took their potential transaction revenue with them.
Can't tax users that aren't actually using your chain. L2s are not Ethereum. Full stop. They also do not send their revenue to ETH stakers. Full stop. A receipt write is not a sustainable source of revenue. Blob space could be, but blob space is nearly infinite.
Again, all pointless as it's already admitted L2s as L1 replacement have failed and focus should return to scaling L1. Like many have been shouting for years. Consensus on this being reached after Vitalik finally capitulated.

So stupid. If you have the ability to get people to invest $328 Million with you, all you have to do is the right thing. You win.
They don’t necessarily have to win either. But as long as the investment was legal and legitimate, it’s their risk.
This dude could have just put $328 Million into 20% BTC/USDC, 20% BTC/USDT, 10% ETH/USDC 10% ETH/USDT, 20% Stablecoin Liquidity Pools/Lending protocols like AAVE or Morpho, and the last 20% into US Treasuries or on chain treasury tokens from legit sources.
He could take a management fee of 1% of what is invested, a performance fee per year.
Any year someone is up, he gets paid handsomely. Any year the customer is down, he still gets paid 1%.
If he could have just lasted another 4 years, it’s likely he would be managing 400 Million doing absolutely nothing except putting money in and out of liquidity pools and generating reports to whomever asks for details.
I never understand why people do t just invest the money into an index fund.
Although it’s wrong to lie, the Ponzi dudes can promise massive returns and just invest in an index fund and do nothing else. Just keep talking about your proprietary research and experience. Anyone that wants their money out, pay them. They will get the market return and compare that to their other portfolio and probably have little to argue about. They will have made a profit, just not as much as they hoped. That’s investing.

Wow, nice. I'm not sure how to convert the 'wei' value into ETH or dollars, but I definitely remember some ape (or meltie) posting daily updates to their sub and seeing the perfect 'long tail descending' curve that happens with all fads.

Looks like it was the 4-year cycle. I roundtripped my bags for a second time by getting trapped in the narrative of "extended cycle" just because of reasons like ETH did not pump as much into price discovery, lack lustre altseason etc...

I got into ETH in 2015 at 88 cents ….it put both my children through college with masters degrees ……it also let me retire at 46…..what did you say about scams 🤔🤔

When the NFT marketplace was still a thing, their website had the most amazing page on it :
Stats.
They showed daily ETH purchases and full trading volume. The first week of NFT Marketplace going live, they were pulling in about 1000 ETH a day in volume, when ETH was around $3k each. Very nice.
By the next month, it was about 50 ETH a day.
By the time they finally pulled the plug, it was doing less than 1 ETH in trading volume a day.

Dump bitcoin and raise ETH!! Come on 10k+ for ETH!!

Bear market, BTC go's down, drags all alt coins with it. Maby some new coins can do a pump and dump but that just it. BTC drags all alts down, when BTC recovers ETH will go up again but the bear markets can last a long time, the cryptonerds say untill october and they mostly right so i'm buying the dips untill october. Eth slowly dropping to 800euro and then back up to 5000euro, so i do think the money is there but it takes time and it still a long time till october. Hope it stops sooner with all the big banks and wallstreet buying but retail investors mostly return when the prices hit rock bottom -70% or -80% and we still a long way off from that. It's only -50% for now.

Transparency from TROOPS, Inc. makes $TROO a name worth keeping on the radar than ETH right now.

Why is ETH moving with GME for the past 5 days…

Vitalik dumping ETH: "That is nothing. Won't affect the market."
Vitalik stops dumping ETH: "That is bullish. Up only now."

Down about 20K on this too. Fucking wild. Just got slaughtered. My avg was $20 and then I bought the same amount of shares under $2. So avg around $10 At this point if we could just get to 5-6 id probably eat the loss and get out. I do feel that in some point in 2026 ETH will run but the damage is done already

You’re right on rollups. Bitcoin can’t natively arbitrate batch correctness or run dispute games like Ethereum. My point is narrower: Bitcoin can enforce specific collateral flows by locking BTC in a UTXO with predefined spend paths, where a proof checkable under the agreed rules determines whether it unlocks to the repay path or the lender claim path. That won’t replace ETH DeFi, but it can enable some BTC collateral use cases without wrapped BTC.

Nope, in this life itself. And it was being too sure that the market would prefer ETH over BTC.

Agree 100% with what people are saying about chasing 100x - those days may be done and you are far more likely to get scammed, rekt and or just round trip your money because you dont take profit. From someone who has been there, and someone who has invested in what i consider solid coins with staying power and good fundamentals (i.e. LINK, XRP, SOL) even then your best bet over the next couple years is to stick with BTC and ETH. It is an illusion that somehow "they have gone up so much so cant possibly go up more and make me money". We have a handful of projects now that have survived bull and bear markets and a graveyard of projects that have not. Do what you want of course but if i were you I'd bolster your position in those bigger - established coins you mentioned! Good luck!

ETH loves to visit liquidity before doing anything meaningful.

ETH Analysis: Watching the Liquidation Clusters around $1,950

It's factual, not misleading. L2s pay gas fees to post on L1. Gas fees are paid in ETH, which is all OP was saying.
Even if L2 paid only 1% to the L1 that means L1 validators are collecting 200% from fees considering L2s handle 100X the traffic. So much L2 activity wouldn't make economical sense to exist on L1, like social media posts or probably 95% of normal use cases, so they aren't exactly competing.
More to the point, if Ethereum starts handling 1000X the traffic then many more people will build on it, more and more people will use and buy $ETH, and the ETH fees L1 validators are collecting will be worth much more than if 10 people use the network and nobody can afford to build on it. That is the entire justification to scale any network.
If any L2 marks their user fees up 100X then they are not being competitive relative to other L2s, in that case the L1 would be cheaper to use. There is no reason they'd handicap their growth so much like that. However, they handle 99% of the cost that goes into computing and storing their blocks so the fees obviously should be slanted slightly so they aren't operating at a loss.

This could be a vert short-term thing. But ETH is showing relative strenght towards Bitcoin, when nasdaq is red?