ETHEUR
Ethereum / Euro
crypto Composite

I wrote the statement below the other day on r/PoliticalHumor when people were making fun of Trump paying some of the fighters in World Liberty Financial USD, and it got downvoted, but I don’t think it is as bad as some people think.
>I am no fan of Trump at all, but being paid in World Liberty Financial USD (USD1) is not that bad because that is at least a stablecoin that is matched to the equivalence of the U.S. dollar. If I was one of the participating fighters, I just would not keep USD1 long-term and swap it for BTC or ETH right away.

People were debating the next phase of the AI supercycle. This was back when software/SaaS was running and so was Nvidia (and eventually amd). A few (I don’t remember which, they were regular guests on Amit Kukreja’s channel) were saying that memory constraints were about to hit. It made sense to me but not enough to cause me to deviate from my path … still waiting for ETH and thus BMNR cycle to hit 🤡

Tom “fat cuck” Lee said ETH to $10k this year

Vitalik and the Ethereum Foundation literally printed their ETH out of thin air. Their cost basis is literally 0. They don't GAF about dumping it at any price.

I'm more bullish on SOL than BTC or ETH, but I'd be very surprised to see it reach 800 USD.
Solana has a high inflation rate.
To simply reach its previous ATH (~260 USD in 2021) Solana's market cap would have to be more than double of what it was back then.
The circulating supply of SOL is 580,17 million currently (628,69 M - 48,52 M). It is expected to be 694 M in the middle of 2030.
Also the 48,52 M locked SOL is applying a sell pressure upon unlock every month at least until 2028. Probably longer because not all their owners are going to sell the SOL immediately, but the owners of those locked SOL are companies, and companies are not typically hodling for long.

Ang crashes normal. Black swan event kahit Mali may sumasalo. Pero yung never na nakarecover from crashes, black swan included talo dyan mga sumalo. Pero yung pumapasok after confirmed recovery sila yung nagkakapera tlaga even without doing derivatives. Ganyan nangyari sa Isang kabatch ko sa crypto pero experienced na sa Ph stocks. Exiting after market before bear markets happens (not necessarily from the top), then reentry after market recovery. Hindi pwedeng salo ka lang ng salo. That's how he turned 100k php to 5M php since 2016 just only doing it for BTC and ETH maliban dyan wala na sya ibang pinapasok. And mind you he never did derivatives. Kasi nasa Ph stock market na din sya for how many years until umalis sya kasi dun when he discovered crypto.
Ang market may 4 stages yan. You don't just catching falling knives. Enter at stage 2 exit at stage 4. You don't enter during stage 1 and exit during stage 3. Yung stage 1 and 3 yan yung mga laging nagprepredict ng market top and bottom na never mo mahuhulaan kapag hindi pa nangyayari.

> Number of validators on Ethereum also isn't useful in itself, or total ETH staked.
The amount of total ETH staked is directly tied to the cost / penalty of attacking the network, so it is highly relevant.

aight, thanks for helping me out. Sadly got scammed off 0.2 ETH from the start since i was new to the whole thing. Ill tryu Open Sea. If its a scam, can i still resell the art that they " bought" ?

this doesnt account for the ETH that are still at exchange but at stake.
Some even have derivatives to keep those ETH available to trade such as coinbase with cbeth

The correct answer is to have both. I missed a lot of the AI run but got super lucky with some INTC gains.
Now is the time to start taking wins from AI pump and rotating into ETH. If you still believe in the 4 year crypto cycle, now through end of year should put in BTC/ETH lows.
Even if you have FOMO now is not the time to sell ETH and chase the AI hype.

Where did they get their ETH? Did they just print it out of thin air? Hahaha. Good one, right? Oh wait...

I mean ETH has had a revenue crisis since 21. Its down like 99%

For starters, hundreds of other cryptocurrencies have done what Bitcoin does in superior fashion from a functional/technical perspective and gone nowhere... the utility isn't the appeal. A coin is only worth as much as there is demand for it... and shitcoins have virtually zero demand after all this time has passed. There wasn't even an alt-cycle last go around. It's BTC and possibly ETH or bust moving forward. Institutional stable coins will gobble up the rest.

It's so annoying to hear this argument all the time. Ethereum foundation is a public good and has to pay salaries so they have to sell ETH. Vitalik has 90% of his net worth in ethereum. He has sold in the past to fund projects that benefit ethereum.

No if you have been in ETH for some time this is actually bullish news you need fresh leaders that pushing to what’s possible within the next 3-5 years.

ETH because the smart contract will change the future of the world.

Completely agree with this. Bought ETH as low as $200 but over time raised my cost average to about $2k. Ten years later being in the red makes me question everything

Seems we're similar pattern to June 18th 2022, ETH rocketed back then x2 in just 2 month from the bottom.

ETH will eat BTC alive.

I had this exact scenario last year.
My car meed £1600 repairs.
I had £15k ETH on AAVE.
Borrowed the needed funds, in USDC, sent to my coinbase account.
Pressed withdraw to my bank account, a few seconds later, i had the funds in GBP £, ready to spend at the mechanic.
Easily done, just need to ensure I withdraw less than the capital gains tax allowance, each year.
Ive since paid off the AAVE loans, and have access to my all my ETH, again.