ETHEUR
Ethereum / Euro
cryptoComposite

JUST IN: Crypto market crashing. * $SOL falls under $96 * $XRP falls under $1.25 * $ETH falls under $2,250 * $BTC falls under $78,500 Over $600,000,000 in leveraged crypto long positions have been liquidated in the past 30 minutes.

This has been a risk forever. And we saw JPMorgan fork ETH and create their own private chain, but they’ve now started building on an ETH L2, SWIFT is building on an L2, Blackrock, etc… Ethereum represents the best place to store large amounts of funds with direct access to defi with its stellar track record of up time, decentralization and updates. The additional time and investment it takes to build your own EVM compatible blockchain when you can just build an L2 with the control you want and everything else done for you is very attractive. Canton is an interesting blockchain since the ICE is using it for settlement instead of ETH but they’ve are still using the rails/defi provided by Ethereum. You need a specific use case to argue against building on ETH in my opinion. The biggest risk I think is people looking for a quick return. ETH to me is a utility or a base protocol (I like the tcp/ip comparison), and its built to be used by a lot of users, and we need to see usage 1000x from here to really benefit the ETH token, because that’s what the economics are based on. There’s a big difference between ETH the token and the Ethereum Network, will be interesting to see what the private companies do as the ETH Foundation steps away.

To use the blockchain you have to pay with ETH. Furthermore, the blockchain itself is only as secure as the price of ETH (since the price of ETH is what makes it expensive to attack). So, if it succeeds as a massive player in global finance, I'm not sure how, exactly, the valuation won't increase?

Are people still buying ETHA or just ETH tokens

Revolut declined my ETH deposit and closed my account. And are now saying they have technical issues with returning some of the declined deposits. Anybody else have any issues with this? https://preview.redd.it/sdizqv3bsgyh1.jpeg?width=1242&format=pjpg&auto=webp&s=6ca04b8e4939d564ed12dccf0d8ee4bd4a1d22f0

> Sure but he is not using his own money. He is hired to do this for the company. He doesn't seem very technical either, he is a salesman Calling him a salesman doesn’t refute his thesis. Tom Lee’s firm is publicly investing substantial capital in ETH and his incentives don’t invalidate his conviction. > In the same time span, I have done way better with my stocks and also my HYPE/LIT position. Your stocks outperforming over a particular period says nothing about ETH’s long-term risk-adjusted potential.

The thing is I genuinely am looking for reasons why you still believe when virtually everything we’ve waited for has come and gone and you’re the one not interested in discussing it. I’m not being negative whatsoever. Genuinely asking you and you seem to take the question personally. We don’t disagree at all about the technical milestones Ethereum has achieved. What I’m wondering is what else on a technical level do you think would drive the value of ETH up? I’m about out of ideas. It won’t go up simply because we hope it does. And with no real user level demand I don’t see anything coming soon besides hoping we stay attached to bitcoins hype. My financial gains from Ethereum also mean nothing concerning this lol. I did extremely well on ETH if I sold it all right now. Clearly I believe in the product on some level or I wouldn’t be here. I don’t think it’s fair that just because I’ve made enough of a return in your eyes should mean not being critical of ETH.

This is the most important and terrifying risk about my ETH investment.

> How’s that going for him? We usually don't expect massive returns after 3 days. > What’s got you still believing besides hope? While this timeline is playing out longer than I would had cared, ETH was always a long-term position for me.

Oh don't get me wrong, I'm still bullish ETH and think it definitely has upside in the coming years. I'm just selective with where I allocate my money in terms of where I can confidently pursue even better opportunities. Ex: ETH realistically can 2-3x by 2030, but stuff like Zcash, Hype, and Bittensor can do a lot more based on current size and their target markets. Really it comes down to being observant about what other chains were doing, where the fundamentals and revenues are materially improving combined with an ambitious roadmap and proven market fit for current capabilities.

That's an interesting perspective, especially since you used to be really bullish on ETH. Was there a specific development or piece of evidence that changed your mind, or was it more about watching other chains improve over time?

Not so long ago HYPE was valued at $28 and ETH at $2800

Idk jf its truth, but I have a fear that ETH is mostly owned as speculative asset.. 

I was once an ETH maxi, but ETH as a blockchain is trying to be the "everything" chain which is extremely ambitious, but in going for the generalist approach it ends up being very meh at best to mediocre at worst in many different applications. The future belongs to purpose built chains that seek to excel in their given vertical and being willing to make opinionated design tradeoffs to make best in class products. Think Hyperliquid for perps, NEAR intents for cross chain compatibility, even the specialized subnets in Bittensor for AI development and optimization. Even if you try to say ETH should have monetary premium, the likes of BTC and nowadays Zcash have much more compelling narratives thanks to their ability to specialize in that angle, not by trying to be everything and floundering. If you are willing to educate yourself, there are much better risk/reward opportunities in crypto beyond the blue chips as an investor.

I think that's an important distinction between Ethereum succeeding as a network and ETH actually gaining value. What would convince you that increased settlement activity is translating into real demand for ETH?

yep ETH is still mega underpriced

The success of ETH depends too much on Vitalik Buterin being well and involved. Even if there are many developers, and the protocol is largely decentralized, should anything happen to this man the impact would be considerable.

That's an interesting point about network growth not necessarily translating into ETH demand. What metric would you look at to determine whether L2 growth is actually benefiting ETH holders? And is there anything that would change your view on this?

> Curious whether anyone has seen those gaps get tighter over the last few months. Yes! Of course perps have open interest of hundreds of millions USD but looking only on the smaller spot market, things are developing quickly. Xstocks on Uniswap have a daily volume of like 1-2m for individual stocks, when I checked last week. You can do like 50k trades with low slippage. On Solana, where most spot volume is, you can do bigger trades. > https://x.com/Cointelegraph/status/2115700342088159324?s=19 Things are growing quickly! I am still more bullish perps and HL/LIT, than ETH though. HL up 17% today after NYSE parent partnership.

If you love tools that can help bridge more liquidity to BCH, read this article to get in touch with Bitcoin Cash StableBridge - a solution to bridge ETH/BSC USDT to BCH (with future direct bridge to PUSD and MUSD). Read more in Substack.

So a couple of hours ago someone stole around $630 USD of ETH from me. Im quite a noob with crypto so Im just asking really if theres literally anything at all I can do about it or if i just cut my losses. So ive been using a cs2 skin trading website for a couple of years, csgoempire its called. Earlier today i deposited into my coinbase wallet, then from there into my csgoempire wallet. It was from there someone withdrew my balance back to an ETH wallet not mine. I think my credentials for steam were compromised, as thats the way i logged into the site even though I use steam guard and 2FA etc. I have changed all my passwords now but obviously i contacted csgoempire who bascially have said theres nothing they can do, so I thought Id ask the experts on here if there is anything I can do to try and recover my funds? thanks in advance!

Yea ETH performance has been bad last 5Y. It looks like a DCA performance is around zero. I missed out quite a lot of gains elsewhere. I think it is quite fair though.

If you are using a cryptocurrency exchange to hold your Litecoin, your coin may be paired with a stablecoin such as USDC or USDT, or a wrapped (ETH or SOL) token. There are many reasons for an exchange to do this in the background. Limited coins cannot always be purchased, so stablecoins and tokens hold the place of that asset until you want to cash out. But this comes with the downside that the exchange does not actually have to purchase your coin at all. The exchange can hold either for you as long as it can cover reserves, and no the regulations haven’t fixed this yet. So how do you make sure you own the real coins? Litecoin bought onchain using a non-custodial wallet like Cakewallet, Nexuswallet (made by the Litecoin foundation), and Scryptwallet have addresses for each coin that you can see on the blockchain. If the address starts with LTC, or ltcmweb- it’s real. Any coins moved to MWEB are real Litecoin. Not tokens, not stablecoins- they’re the real deal, accounted for and cannot be faked as they are moved directly from the blockchain to the privacy layer. Know what you own. \#Litecoin private= Litecoin MWEB

Sure. It's called FerimanEdge: [https://ferimanedge.com](https://ferimanedge.com/) It tracks BTC, ETH and BNB with a fixed rule set, publishes the current market regime, and sends Edge Updates when the entry/exit conditions are actually met. No AI deciding trades, no exchange connection, no copy trading.

SPY, QQQ, NVDA, TSLA, BTC, ETH, GLD and SLV Support and Resistance, Pivots and Highest Volume Levels for Day Traders, Oct 29