ETHEUR
Ethereum / Euro
cryptoComposite

This call has the potential to play out next year (and quickly). ETH/BTC is bottomed out after years of down trend--suggesting massive ETH outperformance if it is going to retest macro resistance areas after holding support. Also, ETH and BTC dont have many levels to get through before price discovery--which means more time this cycle will be spent in uncharted territory and this is where, theoretically, buying manias drive prices to insane levels. 10k by this time next year is aggressive, but I think it's more likely than ETH still being pinned below the current ATH.

It's hardly a shitpost since it identifies the two fundamental drivers of Eth's future success which virtually no one here seems to grasp. I'm trying to get some i formed discussion of FUNDAMENTAL DRIVERS OF ETH here. I don't have those answers, I want to see at least SOME fucking useful discussion of what will actually move the price here.

Come on ETH, you can do it... Give it all back by the end of the day!!

One of the biggest Ethereum bulls here... Can't believe how much adoption is happening without price going up. Admire Vitalik and Drakes Characters and understand their intentions but dont think they should have asked Tom Lee to not go over 5% (not sure if verified) Tom Lee should increase holdings 1% a year until ETH is over 10k.

Tell me about it. The long term hold simply hasn’t paid off for ETH yet.

and? Microstrategy owns less % of BTC’s total supply than Tom Lee does of ETH

In typical fashion, you look away for a second and ETH PUMPS. BOOM

What a bullshit response. Why can't you just use ETH(or any token) and have smart contracts handle the swaps and pay in usdt on the back end if they want to get usdt.

Thanks for the words and the effort to explain all this, but now, just a single GENUINE question! Isn't it only a goal, vision, and plan that XRP sells to their believers like you? Let's go the big facts! Nobody uses the XRP blockchain Stables on the XRP blockchain, the volume is just SMALL! Token XRP is what we call a "governance token" hence hollow!!! All DEFI world happens in ETH, SOL, POL, BASE and other blockchains!!! XRP is just an idea that depends on broad adoption, and you all are counting on it to ever happen. If the adoption ever happens, okay! XRP has a purpose, but now this is just a dream man, while stables are playing the big roles out there. That's why I said you don't understand blockchain at all you just attacked me for nothing. But THERE IS NOTHING WRONG in being a DREAMER :) and HOLD XRP. I don't believe in that, and feel sorry for those who do, but BELIEVING IS NOT WRONG, again! So, good luck, man and again, thanks for the words!

Part agree. He has been iust shooting in the dark though with ETH. Eventually going to hit the target but he has no clue whats going to happen. Just don't understand why he keeps getting this room to keep shooting in dark.

Tom Lee has called for insane prices for years, never hitting once on his predictions. No point in listening to what he say. Also, his company bought 5% of all ETH without it ever pushing the price up. I don't expect fireworks now since they have stopped buying ETH

Tom Lee said this is going to be one of the bigger crypto cycle and ETH will be higher than $10,000 in the next 12 months.

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I'm 100% cash in my crypto apart from dust and bits of ETH knocking around for gas. Got out when BTC broke below 83k but am ready to get back in as soon as volume picks back up.

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At least unlike most of the antis in this thread, you're talking mostly about the real problem - which doesn't exist if the merchant accepts the actual coins directly instead of this token nonsense. I mean it's like if a company says they accept 'USD', but then you get to checkout and it's 'oh yeah but only in apple gift card codes' or 'only in IBM stock bought with USD, guess you gotta go set up a brokerage account' - it's asinine. Other companies don't put you through this mess. If they want to accept ETH but 'don't want to hold it' as someone else said, then fricken batch-swap received ETH yourself, instead of making every customer fuck around with it. **Don't make it hard for customers to give you money**. This should be obvious to anyone running a business.

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Ethereum (ETH) on Robinhood Chain Is Now Supported on KuCoin

If nothing is done soon regarding L2's diluting/chipping away ETH value, ETH wont be appealing to any new investors and will become a permanent near-stablecoin ranging from 1500-5000$ every cycle. I mean, How can Vitalik not see this by now? At one time people were talking about a "flippening" of ETH overtaking BTC. Now they are talking about multiple other networks overtaking ETH. How much further lower does ETH need to go until they realize their mistake?

ETH has tested everyone's patience at this point lol

Uh, are you still living in 2021? It's now $0.003 per ETH transfer or $0.08 per ERC-20 token transfer. Gas fees have been cheap on Ethereum mainnet for years.

Yooooo what yo quit ETH ?

If most of the value of ETH gas fee didn't vanish in the network's inefficiency what you say could be true.

Yeah this one stung me too. Last year I tried paying a domain registrar with ETH and landed in the exact same maze, wrong network USDT, bridge, then not enough gas for the final hop. By the time I sorted it the invoice had expired and I just paid with my card. The old days really did just work, one address and done.

Most vendors in the US will take USDT or USDC on Eth. You should ask the vendor first what asset they want payment and on what chain. Most companies cant take on the risk of holding ETH so they prefer payment in stablecoin. If you were on a CEX, just sell the ETH for USDT and then withdraw to the vendor’s wallet, it will cost fees. If you are trying to do this on chain, then you need to deal with gas, swaps, and all of that.