ETHEUR
Ethereum / Euro
crypto Composite

Death doesn't necessarily mean quick death. Look at the returns of any coin past 5 years. Very few winners, ETH down bad and BTC losing to inflation.
It's ridiculous to think some use case is gonna emerge 15 years later. It's all just speculation that requires someone else paying more later. It's a house of cards

I’m trying to get into trading and crypto and I know some of the basics but I’m still pretty new to it.
I’m not looking for someone to tell me to buy BTC or ETH or anything like that. I’m more interested in actually learning how to trade properly.
For people who have been doing this for a while, what would you say is the most important thing to learn when starting out? Technical analysis, risk management, reading charts, fundamentals, etc.
Also if there are any books, channels, websites or resources that you guys actually found useful let me know.
And what’s something you wish you knew when you first started?

In every bear period people said crypto is dead because of different reasons.
What if BTC strengthening, new regulations that make scam coins fall, and a few of the top 50 alts fight for ETH position and prove to be useful?
But then again it's just speculation.
15+ years and crypto still being around with people still investing in bear markets then it means there's speculation. And maybe there might be future usage also that we don't know. Or there might be another new technology in the future that replaces crypto.
So again it's just speculation.
So the point is nobody knows what will happen but what i see is that there's speculation. Cycles might take longer now, or even broken and something else will start happening.
So in the end if you believe crypto is dead, it is dead, if not then you believe you could make profit and that's why you speculate and throw money in it...
The whole post is just speculation so you can't actually prove crypto is dead as people in past bear periods couldn't prove it either... you can only prove to yourself that crypto is dead and not worth throwing your money in for a possible profit.

Every bull run people rush to buy in, or have bought in, and in every bear market people sell or accumulate based on their own speculation.
Several cycles happened until now. In every new cycle something changes and still people buy and speculate.
People invest either on research, narratives, influencers, socials, hype, fomo, plain gamble, positive news or because they speculate that in bear market can accumulate on coins that they believe they'll go up, they might want to find the one moonshot, their friends doing it, etc...
Plus there are many influencers that literally made their main job hyping, informing and teaching people on crypto only, so their main income is either from youtube, tiktok, subscriptions, courses, not from crypto but using crypto as their main sell mechanism. So these people they will try to manipulate and make people speculate more, hype more, fomo more so in a way they are one of the factors that drive liquidity in crypto.
Then there's new regulations that are positive for crypto like the mica europe framework that made users in Europe feel more safe to invest in crypto. Then the upcoming clarity act might prove positive as well or another regulation we don't know about. Not to say there won't be regulations to prove negative.
If BTC becomes more mature and stable then whales might feel more comfortable buying BTC for the long term returns and if the general economy is good they might also invest in alts too.
I started learning and investing about crypto around 2 months ago after a friend told me that he did gain some profits in crypto and it made me want to learn more and throw some money in. From the stocks, gold, silver, etc, crypto is more attractive to a new guy wanting to invest in something so more people might join in...
The oldschool crypto investors had losses that made them turn to BTC, ETH or in stocks and other safer investments but i don't believe any of them forgot about the bull runs crypto has. So when positive news come around they might join the ride again based on speculation.
There's a quote that says "history repeats itself". In every bear market people talked negatively, then in bull run all people hyped, fomo'd and made profits, then bear market again, something new in crypto environment, people talked negative, then bull run positive, then another bear market with a new event or regulation in crypto, then again talked negatively, then another bull run, etc... So history repeats itself until now, and maybe history will repeat again but in a different form because something new might happen again that will affect crypto.
So as long as there's liquidity, crypto isn't replaced by anything new and speculation continues crypto won't die, they might evolve but not die.
What do you think?

You seem to be new to crypto. Crypto is currently in a winter cycle, which is why token value is low. Crypto has 4.5 year cycles that coincide with BTC’s halving events. The last halving event was about two years ago, and the major run up for the crypto space usually takes place about a year afterward (last year). Following that year is a “crypto winter” which is what we’re in the middle of right now - everything slumps. If you’re smart this is a great time to start accumulating for the next bull cycle (probably about 2-3 more years). Alt coins are doing terribly and may not meaningfully recover. However BTC and ETH are still relevant - BTC as a long time store of value with programmed scarcity, and ETH network being quietly used to build the infrastructure layer for RWT. Good luck and have fun

>Why aren't satoshi's early mining efforts considered "premining?
Permining is when a scammer, let's call him Vitalik, for example, creates 72,009,995 ETH in the Genesis block, before letting anyone else to compete with their hashrate.
>Presumably He mined most of the first million BTC unopposed
That's not true. I believe Dustin mentioned [in this podcast](https://stephanlivera.com/episode/314/) how the first node (possibly Satoshi) was waiting for another node before it started mining. And even if Satoshi wouldn't wait, there still was competition from other users. Half I believe tweeted his legendary" Running Bitcoin" about a week since the network started. So have many others. Some turned the mining off, some believed in the network or wanted to support it and kept mining.
One way or another, Satoshi was competing with other users/miners, burning his energy that was more costly than the mined coins generated.

>**The crowd has wisdom,**
>**Wait until we hit rock bottom,**
>**Money brings freedom.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap

One of my favorite products in crypto is Alchemix - either take self-repaying loans on your ETH or USDC collateral, or get paid (currently excellent) rates on fixed duration bonds that back the other side of the liquidity on the loans.
Fully non-liquidatable except in the rare case of the underlying vault taking losses.

You're being downvoted but other than ETH, I agree.

Thanks for sharing your views. Some thoughts scattered on some of your remarks.
> My biggest issue with the EIP is the timing. I think this is basically one of the last EIPs we should push, and we should push it "when Ethereum has won"
Timing is always going to suck. The best timing was when PoS was being designed, but protocol designers had bigger fish to fry and the transition to PoS was complicated as it is. Settled on a curve that was good enough for the time being, because it was the slowest growing issuance curve that was resistant to discouragement attacks. And left open the idea to revisit it. The merge happened in september 2022. By summer 2024 I already tried to sound the alarm, nothing happened. One year later I reached out to the EF with a formal argument for how the issuance curve is currently ill-defined and a concrete mechanism (which preserve economic incentives and penalties) to fix it, you can read it here: https://github.com/pa7x1/ethereum-issuance/blob/master/README2.md
Time keeps ticking and we are now at 1/3rd staked and growing. The higher the stake ratio the more complicated it is to fix it nicely. If we wait I think we will basically have to live with the consequences.
> Also the "defi is going to explode" argument makes sense to me and it doesn't seem to be addressed in the EIP.
The EIP as currently drafted does 2 things, and in my opinion it's unfortunate they were crammed and I'm trying my best to separate them. First it reshapes the curve, without affecting current yields or the economics of staking today or the economics of protocols built on top. It purposefully pins the yield at the point of introducing the EIP. This mean that at the point the EIP goes live nothing happens to your staking yield, if you were happy staking the day before you should be happy the day after. But reshapes the issuance curve to slow down future growth until the total stake settles on an equilibrium, wherever that may be but before 50% is staked. At what staking yield that's for the market to decide, the issuance curve cannot define that. Yields are always defined by the market.
The second part of the EIP is what is a shock to DeFi and stakers, it implements a gradual reduction of issuance over 18 months, until issuance is cut in half. This is what shakes validators economics and DeFi. Because it's a forceful reduction of yields. In my opinion it's wrong to cram the two things together because they are completely different concerns. You can be in favor of one and not the other, you can be concerned by a drastic reduction of staking yields but see the argument for why very high stake ratios are problematic.
> Let's just assume that the "productive asset" meme and APY plays a role for tradfi. What if they don't care about nominal and real yield, because they just want to sell a yielding asset? And what if ETHs competition doesn't care about being right, but cares about catering to the tradfi audience? Maybe a 5-7% APY on Solana sounds better than a 0% ETH despite not being lindy, despite being more centralized, despite being diluting to non-holders?
Rent extractors sure, they don't care about the health of the protocol or if the yield you obtain is actually positive post dilution or not. They care about TVL in their protocols, from which they extract a fee. But TradFi does know and cares about the nature of the yield, that's their bread and butter. They will roll their eyes if you tell them you are invested in an asset that pays 5% and is paid in self-dilution.
> Path dependency is a bitch and we should learn from the past. The same change can make sense and not make sense depending on timing and circumstances.
Wholeheartedly agree. I think the change is still right to do and we still have a window to do it. But that window is certainly closing.

Welcome people, today (well last night) marks the official birthday of Obsurfer a NFT marketplace for trading NFTs as part of a DAO.
\*\*But why a DAO?\*\*
Being part of a collective enables you to share the risk in purchasing new NFTs, splitting the cost with fellow members. Together, you make decisions that affect each trade. No one person is responsible for the success of a trade and it takes the majority to win a proposal.
\*\*How do trades happen?\*\*
A token holder may sell an nft on the platform by submitting the details in the app. DAOs then execute proposals that turn into bids. DAOs bid against each other to get you the highest price for the NFT. Buying an NFT is simple. Select a DAO from the list and browse their wares, select on an NFT to buy.
\*\*Minimized Risk, minimized gain?\*\*
Shared risk, shared gain. The profit distribution is calculated based on how many shares you own. You choose how much to invest and in turn receive as profit.
\*\*There must be more to it?\*\*
Your stake in a DAO holds value. You can sell your shares for a price set by you, handy for when the DAO is full and business is booming to make a bit of quick crypto.
\*\*The legal stuff\*\*
Trading carries risk and while the risk is lessened here it still requires you to invest money into something that may or may not give you returns. Trade at your own risk.
\*\*The technical stuff\*\*
This app is a typescript port of a golang desktop app that used key stores for the wallet. For the Beta, private keys are stored in a database that is encrypted client side by a password of your choice. New wallets are automatically created and it’s recommended that you use an auto generated hot wallet instead of importing a private key from an existing wallet. The beta runs on Sepolia so use a Faucet to get sepolia ETH to start trading on the platform.

In a few weeks Lido will migrate 80-90% of their staked ETH, currently under the permissioned set (which includes Core Client Devs among other Ethereum related entities), to 0x02 credentials.
Napkin math: This is roughly 8.4 million ETH moving from 263,000 validators to 4100 validators.
The Network will go from 900K to roughly 640K validators or so, a 30% decrease. This has massive benefits to the network load on Ethereum and brings us closer to SSF. It also finally realizes the potential of 0x02 credentials, and encourages remaining big staking entities to follow through.

Same. Then swapped the rest of my ETH for BTC a while back, too

Hi OP! I'm also a 3rd-year college student, and my best advice to you is to focus on your studies first. I've been trading and accumulating cryptocurrencies since senior high, and from my experience, it can be very stressful, especially on red days—tapos dagdag mo pa ang schoolwork.
Crypto and stocks are very challenging and have a steep learning curve. It's not just "buy and sell" or "buy and forget." There's so much more to it, and it takes time to learn and understand the market.
Since nasabi mo rin na limited lang ang funds mo and you're busy, I'd suggest prioritizing your studies and only investing what you can afford to lose. You can always build your portfolio gradually when you have more time, knowledge, and capital.
I'm actually applying this advice to myself as well. I quit day trading when the school year started so I could focus on my studies. Day trading is really time-consuming kasi HAHAHA. I'm still continuing my accumulation, though, particularly BTC and ETH, since I believe periods when the market is down can be good opportunities to accumulate.
I understand why you're worried about your portfolio, but like I said earlier, only invest what you can afford to lose. Ako nga, more than ₱50k na yung portfolio ko, pero around 50% down din ako right now HAHAHA (wrong timing yung start ko mag accumulate, learned my lesson). Losses are part of investing, so don't let them discourage you. Learn from your decisions, manage your risk, and keep building your knowledge.
Good luck, OP! Focus on school muna, and build your portfolio gradually. 😁

Garbage. Another useless ALT. BTC only, maybe little ETH

**Backstory on FWA first for context:**

Fake World Assets ([FWA](https://fwa.fun)) is an NFT platform by Token Works. You take an NFT and back it with ETH at whatever value you believe it's worth. The NFT and the ETH go into a community pool, and people pay to pull a random NFT from the gacha machine. The cost per pull caries day to day. Right now its about 0.07 ETH ($160).
Every pull wins something but it might be worth more or less than you paid. That's the gamble. The whole idea is to pull something rare and take either the NFT or the ETH backing. You can't take both and whichever one you don't take goes back to the person who put the NFT and ETH in the pool.

Here's my problem with that though, the $160 a pull is expensive, least for me. There are lotteries and syndicates that lower the entry price but then I have to share the pull prizes with other people. I have tried these and I am usually at a loss after fees anyway. It's not really worth it right now.
However, there is a world where it does make sense and also tickles my gambling itch hence not wanting to share the lottery pulls.
I built a betting game around FWA's pulls instead. It's called **Fwaro.** Based on[ Faro](https://en.wikipedia.org/wiki/Faro_(card_game)) which is an old forgotten card game that was once bigger than poker (ever watch old western films? They aren't playing poker, they're playing Faro). If I win I get a pull of my own which could work out at a tenth of the price and I don't have to share with nobody.
**It's really simple:**
NFTs get pulled on FWA every few seconds to a minute. My game takes two consecutive pulls and calls them a round. You pick one NFT collection and place a small fixed bet saying I think this collection will be pulled. The rules to win are:
1. Your collection is the first NFT revealed in a round, you lose.
2. Your collection is the second one, you win and get 20% of your bet paid instantly.
3. If neither reveal matches your bet rolls into the next round.
Get six wins without your collection ever being revealed first and my game spins the FWA machine for you. You keep the NFT it pulls or take its ETH backing, that's up to you.

Basically, you could get a $160 prize off a $10 bet.
The way the game works, every collection has exactly equal odds of winning so picking a "popular" collection doesn't help. The results come from Chainlinks VFR draws. And the obvious potential exploits like getting VRF results before I do, race conditions, etc, have all been solved for.
Here is a video of the game running in demo mode and an image of the branding.
[Video on X](https://x.com/CryptoChaoss/status/2089279834203525264?s=20)
Would love some feedback on the idea and concept now before I take it live.

BTC, ETH and XRP are all going to reach new ATH

Wrapped ETH on Solana isn't one universal thing, that's the part that trips people up. Different bridges mint different tokens, Wormhole's version and some other bridge's version aren't the same token even though both claim to represent ETH. So the real question isn't "does wrapped change what I can do," it's "does the specific wrapped ETH I end up holding actually have liquidity on the DeFi apps I want to use." Check that before you bridge, not after.
Fees are basically impossible to give you a real number for since it's dominated by whatever Ethereum gas is doing that day, that's usually the bulk of the cost, the Solana side is basically free by comparison. Check a gas tracker right before you do it. One thing that trips people up though, you need a little SOL already sitting in your wallet to actually claim the bridged tokens once they land. Some bridges spot you that, some don't, and you don't want to be stuck holding wrapped ETH with no SOL to do anything with it.
On the exchange route, honestly it's often cheaper in raw fees, CEXs batch gas costs across way more users than you bridging alone ever could, especially when Ethereum's expensive that day. But that route usually gets you actual SOL, not wrapped ETH on Solana, since you're selling and rebuying rather than bridging. If you specifically want ETH exposure sitting on Solana rather than just SOL, check whether your exchange even lets you withdraw wrapped ETH onto Solana directly, some do, plenty don't.
For an actual bridge, Wormhole's the most established one, and Jupiter has cross-chain swaps built in now that handle the bridging for you in one step instead of picking a bridge manually, worth trying that first.

You've made a good profit, so take 50% and invest in BTC, BNB, or ETH.

I have ETH that I want to move over to Solana. But I’ve never bridged from Ethereum before. Every guide I find is either two years old or mentions a less popular bridge.
From my initial research, there are two routes: bridge it directly, or send it to a centralized exchange and convert. The latter feels safer to me since I don't have to pick a third-party bridge.
There are a few things I need more clarity on:
I will get wrapped ETH on Solana. So does that change what I can actually do with it in different DeFi apps?
How much SOL or ETH do I need to pay in bridging fees?
Are third-party bridges genuinely cheaper than the exchange route once I calculate the fees?