ETHEUR
Ethereum / Euro
crypto Composite

Does ETH follow a different 4 year cycle or do we just piggyback on the BTC one?

Call it what you want, but if you want RWA that actually works, that's what you have to do. If you want pure on-chain assets, we still have ETH.
Having RWA lets you put stocks and bonds in defi, trade them on chain directly for ETH, hold them in multisig contracts, etc.
Ethereum has always been about options. We have pure uncensorable trustlessness, and we have central actors participating in the same ecosystem and offering things like stablecoins backed by t-bills. There's no central committee saying what people can use it for.

People who didn’t sell because they’re in it long term and don’t want to try and time the market aren’t morons. The morons are only the ones who didn’t sell but were caught off guard when it didn’t keep going straight up and panic sold after the crash
(Only applies to BTC/ETH. Most alts are going to 0 and never recovering, I’ve been there)

Agreed during that time frame ETH performed pathetically. However … during that time frame ETH worked hard and succeeded in dealing with all the wrongs people complained about - mainly to do with gas fees.
It did that without compromising the original crypto ethos meaning it did not require people to suddenly use monolithic computers to run the chain nor did it require the centralization of actors running the chain.
You could argue that ETH did pathetically or you could say that maybe what it brought to the table hasn’t yet been properly appraised and combined with the latest price drops makes this a very attractive entry into it.

I would say there were lots of unearned valuations this time around as well, free money due to the yen trade. Difference this time was ETH name was a bit tainted by the great cheeto launching scam coins on it and the fact SOL had run so much already it kinda sucked the air out of the market for alts.

> I personally would opt for 2x2TB and run RAID1 for more resilience
I wouldn't do this, as it has too many downsides. The first is that the additional layer to control the RAID adds latency, which reduces IOPS. Validating is all about IOPS, not transfer rates.
Secondly, you want simplicity and adding additional complexity increases the chance of something going wrong. 2 SSDs is a higher chance of failure than 1 SSD, even if it is a redundant SSD.
Unless you are staking a lot of ETH, extra redundancy isn't cost effective. For 32 ETH staked, at an inflated price of $4,000 and an inflated return of 3%, you lose 65 cents a day in penalties and lost attestations when you're offline. You have to be offline a LONG time to justify the cost of any additional, redundancy-specific hardware from a financial perspective. You can do it because you want to, but don't kid yourself that you're doing it to mitigate a valid risk, you aren't.

For 14 ETH I’ll run everything for you. Here for you, friend.

HOW are these peoole so fucking dumb.
I DCA'd during the bear down to a cost basis of <$20K for BTC, <$1500 for ETH, like TWENTY FIVE for SOL.
Started my sell ladders after BTC crossed last cycle's ATH.
Timed the top almost perfectly this time with over 50% of my BTC holdings sold ~$120K. It was hovering there for MONTHS. It was SO easy.
HOW did these morons not sell?? Not even a LITTLE profit taking??
I went almost 10X on SOL. Kept with tradition and rode the DOGE waves for what...5X all in? Only thing I didn't quite get out of was ETH but I still made enough to triple the buys I made during the last winter, when the next one comes.
Now my profits have been rotated into foreign index funds that are up almost 30% in 6 months (always bet against Trump!). In a year, I'm going to start stacking back up.
And most of this sub will still be idiots.
Whatever, I guess. Thanks for being our exit liquidity, gang 🤑

A pretty interesting thread on consolidation status of ETH validators, 0x02 validators and some surveyed friction points why more of the largest haven't switched. Some do committ to switching this year.
https://x.com/i/status/2020861045678502178

Are you actually swapping crypto for gold/silver right now during this dip, or just HODLing/Buying more BTC/ETH?

Seriously man, ETH looks like it wants to make an ATH at this point.

I think you're close to the mark. 2017 - only 4 weeks where it pinged over 900, and the bear sell off was huge. Covid blow up was a completely freak event. Chopping the top off the covid highs, we actually see a kind of "natural" ETH mcap growth, with a recent high of ~5k. Weekly wick below 2k seems pretty solid at this point.

While you were watching the charts, one fund just bought another 40,613 ETH

Sometimes a few hours, in other cases longer. I shorted ETH and held that for a few weeks because it just kept dumping.

ETH Aug 10 2020 - This was a strong sign that i missed

all numb nuts ETH is at home now this is its fair price, it will defo pump thats given, but first it will go even lower and just chill around 1.5-2k for a while like couple of months

Look at ETH bro

A promise is a debt, [Here's](https://www.reddit.com/r/wallstreetbets/comments/1pore1a/see_nmr_mfg_if_you_want_to_benefit_from_increased/) my original DD, and [here's](https://www.reddit.com/r/wallstreetbets/comments/1pore1a/see_nmr_mfg_if_you_want_to_benefit_from_increased/) my follow-up DD regarding MFG.
Japan's PM won the new cabinet pretty convincingly, and got away with pretty much everything she wanted. TSM will open a spanking new factory in rural Japan. Now, the policies that have been promised by the PM and MFG all will be enacted. Let alone the stablecoin project which is entirely ran by Japan's big three, which will be set as soon as paper handed kids get fully pruned from BTC/ETH, while the adults on the table buy BLSH, COIN, and CRCL at a discounted price.
There is simply no fucking way there's not going to be financial sector rally from Japan tomorrow, if not all week long. Nikkei opens in a few hours, but I have been pretty much on spot for a few months now.
Thanks for the love and hate msgs I have received in DMs, peace! I will post this again tomorrow morning. And yes, when you buy the dip, always get some KMI for the road, it's good for your health.
Not advise financial

IMHO, there's only 2 things in crypto, and there are very different.
Bitcoin and Ethereum.
Even if those 2 rely on the same technology, they are very different product with different value proposition. We should stop comparing them.
Ethereum is a platform for tokenization and new architecture paradigm for applications. The Ethereum tech itself is winning. If ETH can't capture value, no other blockchain can.

Oh but I do. I’ve been studying the market since 2013. I even used to mine ETH in the early days, and I have used it extensively, and can confidently say that it has no real use case. SOL is even worse.