ETH

aharwelclick

o3 broke the shit out of this Short answer: Yes—offers from online strangers to “gift” you crypto are almost always the opening move in a scam. Decline politely and walk away. --- How the con usually unfolds Step What they do Why it works for them 1 – Grooming / trust-building Chat while gaming, act generous, offer a “no-strings” gift. Lowers your guard; they look like a friend, not a criminal. 2 – The transfer They send a small test amount or tell you they’ll send a large sum. Proves they have “money” and makes you feel obliged. 3 – The hook One of four common pivots: <br>• Pay-to-unlock scam – “The coins are stuck; send me X ETH for the gas fee.”<br>• Investment pig-butchering – “Let’s park the funds on this exchange for 30 %/week returns.”<br>• Money-mule/chargeback – Coins came from a hacked card; when the exchange reverses the purchase, your account is frozen and compliance asks you hard questions.<br>• Dust/phishing tokens – They airdrop junk tokens that coax you to sign a malicious smart-contract call that drains your wallet. Extracts cash or credentials, or launders stolen funds through you. 4 – The exit They disappear, or worse, come back for more. You lose money or access to your own account, and may face KYC or legal headaches. --- Red-flag indicators in this scenario 1. “Free money” from a person you’ve never met offline. 2. Payment channel you don’t control (your Coinbase custodial wallet): if Coinbase later flags the transaction, they can lock the funds—or your whole account. 3. Vague purpose (“just because you’re a good friend”). Genuine gifts happen, but random crypto gifts from strangers do not. 4. Pressure to act fast, secrecy, or requests for upfront fees—these usually follow once you accept the first deposit. --- What could actually happen to you Account freeze or closure Coinbase’s fraud team locks accounts that receive tainted coins. Unlocking can take weeks and require extensive documentation. KYC/AML investigations Authorities treat you as a possible money-laundering mule if the coins trace back to ransomware or stolen funds. Direct loss of funds If you ever send a “release fee,” “gas,” or “tax,” it’s gone forever; crypto transactions can’t be reversed. Wallet drain Interacting with a malicious token they airdrop (approving, swapping, staking) can sign away your entire balance. --- Safe playbook 1. Decline the offer. 2. Never share seed phrases, private keys, or remote-control apps. 3. If you must test someone’s sincerity, use a brand-new non-custodial wallet that holds nothing else—but even then, expect scam pressure to follow. 4. Report the user on the gaming platform if they persist. --- Bottom line: the “gift” is bait. The simplest protection is to refuse it—no crypto, no problem.

HarmonyFlame

No dude, down priced in bitcoin…..AS IN ETH/BTC hahahahahahha you don’t even know what that is do you? 🤣

Candy_Pixel

Just read ur post and wanted to share my exp since im pretty deep into onchain bot trading. I've actually been running bots and analyzing millions of wallets daily, and tbh most ppl lose money trying to do arb/sniping themselves. Like 99.4% of wallets end up negative (ya its that bad lol). The gas fees and failed txs really eat into profits, especially on ETH. What worked best for me was actually tracking and copying successful wallets instead of trying to compete with pro bots. I built some tools to scan for wallets with consistent wins based on stuff like: * Win rates across diff timeframes * Avg holding periods * Risk scores (which mainly depends on # of farming attempts per wallet) * Trade frequencies (how quick are the trades) I post all my research on r/copy_trade if ur interested in seeing which metrics matter most. If ur gonna put 10-20% into bots, id honestly recommend starting with copying proven wallets first before diving into building ur own arb bots. Way less headache with failed txs and u can learn from watching what works. Just make sure to do proper backtesting and start small till u find wallets that fit ur risk tolerance.

verysillyman

If you had just bought Fartcoin instead of ETH you would be rich…

hopjack01

Did anyone buy ETH when he said to buy it a few months ago?

deadliftthugga

ETH, you suck

banana_buddy

He also sold ETH at 1500 which was the absolute bottom

IdentifyAsUnbannable

I've been saying it for years...ETH will go the way of MySpace.

zirouk

Because people want to tank ETH after showing weak hands, because they’re worried it’ll go up.

Mirved

Do you have trouble reading and understanding? A 0.01 ETH transaction can be a transaction of 100 million USDC. The link i gave you showed how many billions in USD value is transacted trough the ETH chain daily. This might be hard for you to understand since bitcoin doesnt have these capabilities.

Objective_Digit

ETH's $3.4 billion a day is chump change. What happened to it all being done on chain?

cosmogatsby

Teach me. I’m just holding bags rn. - Chainlink - Hbar - Uniswap - BTC - ETH - SOL - XRP - AVAX - ADA - DOT I toss $100 at each one, per week. Unless prices are super low, I try to get more. Or if prices hit a high, I sell some (did this with XRP). Then I’m just waiting the long game. Bad idea?

epic_trader

>I went over r/Bitcoin and no one there speaks about it. That's because anyone who speaks about ETH over there gets instantly banned. Give it a try. >And bitcoiners don't frequent this shitcoins subreddit. This sub is full of Bitcoin maxis spreading BS about ETH day in and day out.

kagekyaa

The game for most people is always stacking BTC as much as you can. look at the BTC pair and coin dominance. ETH is losing ground to other alts. so, Uniswap is also losing. altcoins is not for investing, it is always for trading to get more BTC. only 2 coins beating BTC pair at the moment, SOL and SUI. not sure if its for long. so, buy bitcoin.

mm1dc

He predicted ETH to 10k last year

jawni

>With L2's filling the same gaps and doing everything SOL can do... what is the need for another chain? Seeing as Solana's usage generally outpaces everything in crypto, isn't the market is telling us there is a bigger need for Solana rather than more L2's? >SOL provided a solution to a temporary problem - people speculating on memes needing high throughput. When you say this, it makes me feel like you entirely missed my point. Did you not read the end of my comment? or do you just disagree with this: "So we have this massive organic product market fit, showing that Solana is making good progress towards being the home for trading tokenized assets, because after all a memecoin is just a tokenized meme, and a "decentralized NASDAQ" would just be trading tokenized stocks and what not. But not only is it that Solana found the right PMF, but that fit also proved the economics of a high-throughput low-fee chain could generate enough activity to pay operators, but not inflate fees and kill the activity." >You have BASE/Arbitrum killing it, as well as MegaETH and other chains on the way. I mean, Solana is still beating both of them as it is, so I don't see why we'd assume a change here. And the other factor is that L2s compete against each other for mindshare, along with MegaETH, and along with newer chains like Monad, who also use EVM. While Solana is pretty much the only relevant chain for Rust developers. >I've used the chain. Its great, but from the research I have done (outside of this sub), it has taken shortcuts to get there and will eventually face technical debt in the areas ETH has already matured on. Kind of crazy that you think SOL has worse tech debt than ETH, I think that's a very unusual take, as most people are seriously concerned about how ETH progresses from it's tenuous relationship with it's L2s. But I really don't know what sort of tech debt you're referring to with Solana, seeing as you gave literally zero indication of what it could be.

corn-potage

ETH keeps winning http://ethereumadoption.com

Objective_Digit

Generally the ETH fees have been a lot higher - even than Bitcoin's. The ETHBTC ratio being in the shitter might explain the lower fees. >To be fair I guess you could say I'm being a bit pedantic, and I suppose a mute point with fees under $0.05 at the moment anyway. After years of being much higher. And it sounds the way he was talking even 1 cent would be too high.

zesushv

> Thus I raise the question for the 100th time. Why do you think Blackrock avoids any and all mention of ethereum, despite being it's current most worked-on asset? I wouldn't read too much into this though, not because Blackrocks tokenization activities won't happen on ETH but because it is not in Blackrock's interest to endorse the Ethereum blockchain. Yes they are deploying assets on Eth like every other builder, it's nothing special really. Imagine Google announcing that Google cloud is now a validator on the Zetablockchain, or DeepSeek publishing an article about Oppo's integration.... While these are facts, it will be seen as a premature attempt at hyping basic adoption... This is my opinion.

ProfitableCheetah

I don't trust people who told me to buy the ETH top

wow247897

ETH found its weekly do nothing range 🎉

Sharp-Self-Image

Ich mache gerade genau dasselbe. Ich jage keinen Hypes oder Meme-Coins mehr hinterher und konzentriere mich stattdessen auf ein paar kleine, langfristige Projekte, an die ich glaube. [World](https://world.org/de-de) für digitale Identität und Skalierbarkeit, Render für dezentrale Rechenleistung und HBAR wegen der Nutzung im Unternehmensbereich. BTC und ETH halte ich weiterhin, aber diese kleineren Coins sind meine langfristigen Wetten für die nächsten 10 Jahre.

Muumimojo

Calls on ETH? 😂

Starwaverraver

Down in bitcoin? I don't think you know how to speak English. So it doesn't look great calling other people clowns when it can't construct a simple sentence. Eth is fine. It's just a little down turn. Bitcoin historically leads. I remember when ETH was 5$. We're massively up.

Objective_Digit

We're talking about ETH here, not its L2 transactions. I haven't included Bitcoin's L2 or side chains.

MoonYachts

I still rotate through the usual high-volume stuff like BTC, ETH, and SOL for day trading, but I’ve also been playing around with Kalshi lately. Not crypto, but you can trade on real-world events like CPI releases or election outcomes — feels a lot like trading news-driven alt moves. Solid change of pace.

itsjawdan

Not sure either tbf. ONDO is backed by Blackrock so this sounds like an exact use case for their upcoming chain. Surprised to see it on ETH is all and I’m a holder of both projects.

Objective_Digit

> They're not subjective at all. You can look at the amount of capital locked in the Lightning Network and compare it to the amount of capital locked in Ethereum DeFi, and you see that Ethereum DeFi has something on the order of 1,000 times more capital locked in it. That's comparing one against many. And capital doesn't have to be locked into Lightning. It uses Bitcoin natively. The things you mention use shitcoin tokens. They made the DAO hack affect ETH by rolling back the transactions.

InsuranceGuyQuestion

Just got confirmed to be on an ETH based blockchain as well. Not sure if they'll use an existing L2 or make their own, but that's a win for ETH. Adoption is happening

kadinshino

they probably didnt like the idea of all there transactions being highly tracable on a very small utlized blockchain when in comparision... at the same time when i heard this annoucement i was like. Why would FIFA do this and not just there own OEM soltuion. Got into some werid talks in the algo forms then just kinda watched everything burn from the outside. Told you so... But theres a bigger core problem and thats how hard it is to have support for development. After the closure of myalgo and that toolset, it left alot of developers having to use new and untested tools. I think all of last year was probably software re-organizing and testing. And then still nothing really viable to lauch a mass product on whats being claimed a mature chain.... thats had 2 major hacking incedents amoung foundation changes and other things. Algo is cool and was an awsome concept. but they lost forsite and so did the foundation on how to help the developers more. So people started to leave and move back to ETH or their own solution. Im not shocked one bit that FIFA is moving to their own system. i saw it from a mile away algo would not be the right solution for them because 1 of exposure and use of algo in general, and 2 because of the continue difficulty it is as a dev to rely on tools that may or maynot be there in 2 years.

wow247897

Great it will take ETH 3-15 months to recover from this

ThereIsNoGovernance

Actually the anti ETH campaign is coming from the ETF/CEX/Wall ST/WEF/Bankster cartel. They don't like it and since they can print flatulent fiat willy nilly (Banksters) and scam trades on their blackbox exchanges (ETF/CEX) they actually have the power to basically stick a price tag on ETH, like some sort of used car dealer. If people would wake up and realize the immensity of the crime these MFs are committing this could all end quickly by simply only deriving prices from trades on DEX's and somehow dis-empowering whales from pumping and dumping, which seems to be their favorite pastime. Essentially disconnect completely from all blackboxes and get as far away from banks as possible. This would help considerably. Cheers peoples!

PowerfulLeather4443

That dude told me to buy ETH at $2800. I don't trust that dude

aminok

ETH is the only coin in contention. BTC is a boomer shitcoin and you'll be poor like boomer gold investors if you hold it.

hosea_they_heysus

Step one, dollar cost average into ETH, WBTC or similar blue chip coins and deposit into AAVE. Step two, during bear markets take USDC loans against your collateral and deposit that into liquidity pools that can increase your collateral assets. Step 3, pay off your loans during the bull market using your liquidity pool income to ensure you're not liquidated. Step 4, repeat step one.

biba8163

> 30x the traffic of BTC. And lower fees Why don't you invest in TRX if you really believe transaction count, lower fees, etc make something a good investment? - TRX has 10X the transactions -TRX transactions are free when using energy. - TRX revenue is 55% of ETH revenue but TRX has about 1/10 the marketcap of ETH

wow247897

ETH is moving

TheMajesticPrincess

Yes obviously??? Crypto for 99% of people is for speculation and not active use. There's a reason we track Web3 statistics with things like Active Wallets and Total Value Locked, instead of "smart contracts written" or "DApps Built" (because almost no one does those). If I had an asset, which I know is being outcompeted for speed, which I know has a highly volatile price movement, and you gave me the chance to sell it for nearly three times what I brought it for, I would bite your hand off and give you a blowjob. If this person had sold their $1395 ETH at over $3K, they'd have had the chance to rebuy it again this past month at basically the same price, with three times the capital they put in! I can't stress enough how rare it is to be able to buy something, make a huge gain, and then buy it for the same price as you did originally, it's basically unique to crypto. Crypto charts DON'T trade like stocks, they don't move generally upwards, or even move in business based bouncy waves (eg up when earnings are up, down when stores close), they move in huge mega spikes and then year long gutters. Even BTC isn't a neat 45 degree angle! Most small cap cryptos have a huge mega spike when they launch and then stay low basically forever afterwards (I promise you, go look at the bottom Market Caps on Coinbase)

EscapeOverall8929

ETH made it before Skype 

maddhy

My only two bags are ETH and XMR. ETH let me be fully debanked, XMR is a private store of value.

Dark_Raiden_

The fact that this time ETH hasn't just dropped dead when btc showed a hint of going red is already big enough to be a comeback

Street_Pipe_6238

So? this isnt company with underlying value that would be your by owing ETH this all work if it cost 1$ or 2000$

Flock-of-bagels2

ETH is a $1700 stable coin

IDGAFOS

An actual response! I appreciate it. With L2's filling the same gaps and doing everything SOL can do... what is the need for another chain? SOL provided a solution to a temporary problem - people speculating on memes needing high throughput. Sure, It may have found enough adoption in that wave of speculation to remain competitive in the L2 space for a while, but it is going to face an incredible amount of competition there, and start to leak marketshare. As for ETH as an L1...I don't doubt SOL will do well for a while. I've used the chain. Its great, but from the research I have done (outside of this sub), it has taken shortcuts to get there and will eventually face technical debt in the areas ETH has already matured on. Institutions know ETH, are risk adverse, and value decentralization. Whether SOL has some of those properties or not, ETH is undeniably ahead. So in my opinion SOL had it's moment to shine, but is up against a juggernaut

biba8163

Triple Halving Trolls like you shill and cheer lead people off a cliff and anything critical and grounded in reality is FUD. > *"Actually I bought 10 ETH at 4000$+ now Im having this 75% lost"* > just sit on it until the next bull run. https://np.reddit.com/r/ethtrader/comments/vwf3sb/comment/ifprono/

cosmic_censor

Making their own chain is confusing, if they are unhappy with Algorand why not SOL or an existing ETH L2? What exactly is the benefit to their users to have their own blockchain.

biba8163

ETH is down -50% since the BlackRock BUIDL shilling started 1 year ago and people were talking about the number of transactions about to go down... > *"BlackRock unveils crypto fund first with $5 million minimum"* > And it’s right on ETH. **Can you imagine the number of transactions about to go down?** https://np.reddit.com/r/CryptoCurrency/comments/1bkm1u1/blackrock_unveils_crypto_fund_first_with_5/kvzup2u/ There have been 4,737 total transactions over 1 year. At the current rate, the transaction fees collected would something like $800. So all that Blackrock brought was $800 in fees for 1 year. https://etherscan.io/token/0x7712c34205737192402172409a8F7ccef8aA2AEc This is intended for institutions to self-custody assets. It's NOT trading. 75% of all trades all algorithmic, High-Frequency (HFT) trades. The last few years, there have been improvements in things such as hollow-core fibers to try to improve systems by nanoseconds for trading systems to gain advantages. Do you know what a nanosecond is? A nanosecond is a billionth of a second. What blockchain can process transactions at that speed? Assets that are intended to be traded need to be available to be traded at these speeds, *there isn't any blockchain that has anywhere near this type of capacity.* The idea that all world assets are about to be tokenzied and massively traded on blockchains is hopium. > Why do you think Blackrock avoids any and all mention of ethereum, despite being it's current most worked-on asset? Because Ethereum is just a rail for tokenizing for institutional self-custody. They are not endorsing ETH as an investment. And since a year ago, Blackrock has put BUIDL on Aptos, Arbitrum, Avalanche, Optimism and Polygon. And Blackrock is not building anything on any of these blockchains. It's just tokenizing assets for institutional self-custody and these blockchains are just rails not investments.

Lonsarg

Because they do not count ETH as asset like BTC, but they count it as service FOR assets. Meaning ETH might be, longterm, one of the few cryptos with actual value instead of virtual value. BUT this actual value could be much lower then other virtual values. Meaning ETH having real value does not make ETH necessary worth more then it currently is at all.

devCheckingIn

You have to look at activity on other platforms to compare. Reddit is like the ETH of social media now.

yepppers7

But ETH still is

MinimalGravitas

> Not the sub 5 cent fees Buterin promised. Current transaction fee to send ETH is about $0.02 on L1: https://etherscan.io/tx/0xbd48ba558085579d25308c1aa834ed0c7a3284f85afbda7825172109b7804d0a https://etherscan.io/tx/0xd732efb010b9d0c989044599ade1ac3efdda74b57f27dac4a33de1f2c1822c2f https://etherscan.io/tx/0x43cd9d010cd621097c3f80f59a872b07a37c3810fdf1e3e6b5160d12fce7da02 https://etherscan.io/tx/0x234473188db19ae78fca9d0e58f90eaeaa242236d75f3bc7072e55873f94d732 Also, just out of curiosity, have you got a link to where VB promised that?

FidgetyRat

It’s ironic because my elderly father has both a blackberry and ETH. .

_Commando_

> You can't kill a Nokia, so there's that ^ This. So ETH has joined the unkillable titans status. Many ETH killer coina came and failed yet ETH still standing strong 🚀

RaddyMo

Institutional interest in ETH persists, yet volatility remains the norm. Best to acclimate to the downturns, and treat any upward movement as a moment of grace.

Old_Load_7704

It certainly is much more than it was in 2009. :) However - even buying a fraction of one is a good idea. BTC has been the best performing asset in human history. 15 years and close to a billion X. Many have kicked themselves for not just putting a few away when they were 10 cents each. What we have to look at now is BTC is starting to hit mainstream. there are ONLY 21 million of them. EVER. No more can be produced and the last one won't be mined for over 100 years. Also we have to consider that a couple of million have been lost permanently because people don't know where that laptop went, or they didn't keep track of their private keys. How many people are on the planet??? 9 BILLION or so? Yup. BTC, especially now that mainstream is adopting, is still a great buy. It is mathematically impossible for it to not continue to hit all time highs. As long as there is crypto, there will be BTC. And all you have to do is wait. The only people that have lost money with BTC are those that sold off in panic mode. HODL. It will get there. It will get back there if it's less than what you bought for. As with ANY investment - also never use your rent money. Always have an investment fund that doesn't bite into your rent and food money. Others that have a similar outlook - ETH, SOL, POL, LINK, AVE, BNB... Coinmarket cap - top ten will be a good bet. There are many meme coins that will do well also. But be careful with those... Most are pump and dump.

HvRv

Yes. It was not before, but in the current state it is more decentralized and secured and its moving forward fast. The number of validator nodes is catching up fast + most nodes are not centralized to few big cloud companies but are in houses of actual people. The staked amount is obviously not the same but that is not an issue in the Algorand Ppos consensus. I feel that every person that is super maxi on ETH tech should maybe just take a day in their life and check Algo without prejudice. Cost nothing. Reach out to a community that is super helpful. If you wanna check out the dev part you have one stop shop on Algorand Devs portal + most dev rels will probably reply instantly to any questions on Discord or X. There is a reason why companies that start building useful products stay on Algorand and the reason why many that went to Solana or L2s either come back or end up in a loop of bugs and product issues.

sigh_duck

He is saying that ethereum as a technology is fine, irrespective of the price of ETH. ETH as an investment is not doing fine but not to be confused with one another.

HvRv

Because comparing them is not fair to ETH. Even when we take into account the current VIBE coder atmosphere you have so much more options and simler pipeline for Algorand because code base is simple and the language is used by most models (typescript, python). There are no gaps in code cause its all on L1 and you just plug and plan to public nodes and you are good.

Sparkskatezx3

1. HODLing top coins like BTC and ETH for long term gains. 2. Yield farming or staking stablecoins for passive income with low risk. 3. DCA and swing trading using candle patterns to buy dips and sell on rallies. Keep it simple and avoid hype coins.

Expensive_Ad_6316

ETH big moves inc

ccModBot

Thank you for submitting to /r/CryptoCurrency, Your post has been removed because the topic you posted about (ETH) is already at the limit of posts allowed in the top 50. You may post it again when the topic is no longer at the limit. ---[**Click here for a link to view the current limits**](https://www.reddit.com/r/CryptoCurrency/wiki/topic_limits)--- *I am a bot, and this action was performed automatically. Please contact the [moderators of this subreddit](https://www.reddit.com/message/compose?to=%2Fr%2Fcryptocurrency) if you have any questions or concerns.*

Objective_Digit

History is history. I said the current fee. And these are fees people are paying not the amount they have to pay. If you're sending huge amounts you'd probably feel safer paying $5 or whatever. Where are the sub 5 cent fees in ETH that Vitalik ridiculed Bitcoin for not having?

Thick-Ad5921

I have self custody. I learned I could buy ETF’s inside s tax free savings account. One bank did not understand what I was talking about. I did go through our existing wealth manager. He was not in favour of Bitcoin but he thought ETH had potential. Ultimately I put as much as possible into TFSA. I had to sign papers saying “not financial advice”, “very high risk” and “complete speculation.” Wife and I together started buying MSTR with $US. I doubled in 3 weeks. Same wealth manager called us in to separate MSTR from his (our) traditional portfolio because it was “distorting” the portfolio by growing too fast. Again, wife and I both had to sign the same papers I has previous. It is very odd that a wealth manager does not acknowledge the best performing asset 11 out of the past 14 years. So be it, more BTC for me.

Net-Angel

There are many other meme coins that are shit coin way before ETH (in my opinion).

Objective_Digit

These are all subjective assertions. I can say just as easily that no one is using Ethereum because it's unscalable garbage. Ethereum is probably reliant on L2 than Bitcoin. And you ignored my point about Taproot stuff. That is on chain. >As for the DAO hack, that was not a protocol-level exploit. That was a third-party smart contract that got hacked, and the community at that time, which was very early on and very small, decided to reverse the hack. They used the same programming code, Solidity. The hack didn't affect ETH directly. That is, until the devs decided to rollback the txs. It certainly was not a very small thing. It was the biggest crowdfunded thing ever at the time and the hack had big repercussions on Ethereum's reputation for "unstoppable" applications.

Prestigious_Chance_9

ETH had it's use case with BTC pre-fork. Now with Lightning and taproot, that's gone.

SilverCamaroZ28

If Vitalik could somehow add some Monero like privacy to ETH, it would explode I bet. But XMR is def undervalued and because it's not on exchanges, makes it hard for regular users to get. 

Vipu2

Good try to compare ETH to BTC but there is no competition for BTC. ETH might have use case somewhere but its not something that BTC is doing.

dope_ass_user_name

Good move. I'm 75% BTC, 14% SOL, 8% ETH & 3% XRP

Kallen501

You're a shitcoin trader? 2x in a year is a great return for most investors. And did you notice that XMR didn't tank with BTC and ETH this year?

yepppers7

ETH is

SlickNegotiator

Bitcoiners don't give a shit about ETH.

ThrowRA-football

Lmao, XRP is one thing but how the duck are you calling ETH a shitcoin? That's just outrageously wrong. You might wanna shill your Monero bags, but calling the second biggest crypto and the one getting the most development a shitcoin is not the way to do it.

sir_meowmixalot

Yeah and at one point blockbuster had a monopoly too. Saying what it is now doesn't matter. Long term it's not viable. Institutions keep pointing out 3 key problems with ETH. It's slow, it's expensive and it's unpredictable. We are in a bull market and ETH hasn't even past its last ATH. BTC is surging and ETH is loosing market dominance. It's now at 7% which is the lowest it has been since 2018. It's funny that you would say that considering my average buy in cost of XRP is less than $1. Probably closer to 90¢ and I was loading up on HBAR at 5¢. I don't need or want hype. I want long term growth and stability, I want institutional adoption and retail adoption. I could always be wrong but as of now that's not going to happen with ETH.

ECore

They lost me with L2's.....as if things with ETH weren't confusing enough....

Lekje

I think it's ETH's turn to be shat on, up until now it was Biicoin

TitoGoya

ETH will melt faces! 🫠

sir_meowmixalot

Sorry dawg ETH ain't it. Both from a hype standpoint and technology. HBAR and XRP far out perform it in every way and are already working with industries like Swift and NVIDIA. ETH had a good run and made possible a lot of the innovation we see today and most likely will be part of the cryptosphere for years to come. It's place as number 2 will be taken over very shortly.

Objective_Digit

Sent last 24h: 266,349 BTC ($25,285,700,177) 1,914,068 ETH ($3,468,703,304) https://bitinfocharts.com ETH must be buried and rotting.

paxwax2018

You don’t have a ”market cap” for real currencies. Also if you think the “Western World” is going to start giving more power to the Chinese you’re smoking crack, and if you think India is, well, maybe load those ETH bags, I hear the “roadmap” is strong.

Objective_Digit

On chain of course. Sent last 24h: 266,349 BTC ($25,285,700,177) 1,914,068 ETH ($3,468,703,304) https://bitinfocharts.com Not currently 10x but a lot more on Bitcoin.

Net-Angel

ETH & XRP are not shit coins !

Killit_Witfya

ethereum is fine. ETH is not. everyone conflating the two is the problem.

OkCompute5378

No that’s just how expensive gas fees are, idk what this chart is supposed to prove when in reality the prices are way different. Exactly what I mean with ETH being good on paper but not working in real scenarios.

7862518362916371936

>> Do you really think calling people 'mETH heads' and DeFi a 'shitcoin casino' makes you sound smarter or somehow strengthens your argument? >The DeFi shitcoin narrative has resulted in EVERY single investor falling for the meme losing money on DeFi shitcoins of which EVERY single one is at a loss from 4 years ago. Someone needs to talk common sense instead of /r/cc circlejerking itself to DeFi off a cliff >> stablecoins >Stablecoins are crypto's killer use case and besides BTC, the only other asset that is growing long term. These networks are just rails and not investments >> lending >overcollaterlized loans using volatile crypto as leverage to gamble on shitcoins. Nobody is getting a loan for a car, a mortgage, etc with the DeFi meme >> tokenization >97% just stablecoins. Some niche case pilots for treasuries but shilled to death as RWA are the future and leading people to huge losses >> Billions in real-world value flow through Ethereum daily, enabling financial tools without banks, borders, or gatekeepers. >Besides value moved around in trading as with all cryptos, again rails for stablecoins. Doesn't mean ETH is an investment or has to go up in value. Tron dominates developing countries btw. And it doesn't mean this shitcoin tokens that are being shilled will go up in value. >> Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains >https://np.reddit.com/r/ethfinance/comments/1f9ef5k/daily_general_discussion_september_5_2024/llmkgtm/ Okay so it feels like you’re making up arguments and then answering them yourself, weird but ok. This conversation is not about token prices or investments so I'm not sure what you're trying to do here, I'm not having another "my crypto is better than yours situation". Calling DeFi a “shitcoin casino” or Ethereum a “pure investment vehicle” completely misses the point. We started with “Ethereum is dead,” yet it powers a multibillion dollar DeFi world: stablecoin rails, tokenized assets, permissionless lending ecc... That's not a meme coin casino. Stablecoins as investments? That is like calling roads investments instead of infrastructure. Ethereum is a utility platform powering real economic activity, if you're only after price what's the point to even discuss anything.

cryptolipto

How is ETH a shitcoin? Most of defi is based on it, its one of the least inflationary coins in the space, and now major moves with stablecoins are being made on it

HeyRJF

Does the ETH price have anything to do with the fact that is is a consumable good? Like my startup buys and spends eth regularly for development. I always wonder if that’s what makes ETH stand out

biba8163

> Do you really think calling people 'mETH heads' and DeFi a 'shitcoin casino' makes you sound smarter or somehow strengthens your argument? The DeFi shitcoin narrative has resulted in EVERY single investor falling for meme losing money on DeFi shitcoins of which EVERY single one is at a loss from 4 years ago. Someone needs to talk common sense instead of /r/cc circlejerking itself to DeFi off a cliff > stablecoins Stablecoins are crypto's killer use case and besides BTC, the only other asset that is growing long term. These networks are just rails and not investments > lending overcollaterlized loans using volatile crypto as leverage to gamble on shitcoins. Nobody is getting a loan for a car, a mortgage, etc with the DeFi meme > tokenization 97% just stablecoins. Some niche case pilots for treasuries but shilled to death as RWA are the future and leading people to huge losses > Billions in real-world value flow through Ethereum daily, enabling financial tools without banks, borders, or gatekeepers. Besides value moved around in trading as with all cryptos, again rails for stablecoins. Doesn't mean ETH is an investment or has to go up in value. Tron dominates developing countries btw. And it doesn't mean this shitcoin tokens that are being shilled will go up in value. > Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains https://np.reddit.com/r/ethfinance/comments/1f9ef5k/daily_general_discussion_september_5_2024/llmkgtm/

seanmg

If you want to call something Crypto then every layer of your "advanced tech" needs to be decentralized, including all of the Band-Aids slapped on top of the core ETH layer. \*spoiler: EigenLayer is not decentralized.\* |Bottleneck|Why it’s centralized now|Road-map status| |:-|:-|:-| |**Disperser (blob uploader)**|A single permissioned service aggregates transactions and pays gas, handling metering & billing. |Docs and blog note “decentralised dispersers” are on the roadmap; rollups will be able to run their own side-car disperser. | |**Operator onboarding**|Operators are still added via EigenLabs’ allow-list to control quality & capacity. |The team says permissionless registration is “next milestone” once slashing & payment logic harden.| |**Governance / upgrades**|Core contracts are upgradeable by EigenLabs multisig. |Plan is to migrate to an on-chain governor once the AVS market stabilizes.|

7862518362916371936

If by "We" you're implying speculators then yes they only care about price. I'd much rather hold Bitcoin for value storage and use ethereum utility in the defi space to earn a diversified passive income, which isn't affected by the volatility of ETH price, but rather by its functionalities If you call ethereum dead because you got burned by holding ETH then you don't really understand what ethereum is.

seanmg

The shift of anti-ETH jokes in this sub is the most surprising thing I've ever seen. Everyone was on it's dick for SO long, and yet the writing was on the wall it was going to be replaced by better and newer tokens even by 2021.

biba8163

> ETH performed second best at the current time. So you only want to compare ETH to Shitcoins that lose money? ETH has an annualized return of 3.3% over a ~7 year period. It's a toxic non-performing asset. You could have mad more money in U.S. Treasuries staking fiat at zero risk than holding ETH. **Since the 2017/18 ATHs, 7+ year time frame* (Stock Market doubles every 7 years, Rule of 72) | | Annual Return| |:-----------|:------------:| | BTC | 24.93% | QQQ | 16.82% | GOLD | 13.26% | SPY | 9.91% | ETH | 3.3%

ElRiesgoSiempre_Vive

> ETH performed second best at the current time. Losing 50% of its value is "second best"? I highly doubt that.

7862518362916371936

Yes that's true, if you invest in highly risky assets you have a huge chance to get burned, I personally stayed away from speculating on ETH price because it's too risky for me, I'd rather hold Bitcoin and use the utilities Ethereum offers, this is why I love ethereum especially defi, my passive income I make from stablecoins and other defi protocols remain absolutely untouched by the price fluctuations of ETH.

Odd-Road-8688

ETH , IO and WLD coin will bounce back harder 🚀🚀

zesushv

With so much fud about ETH lately, something huge is about to happen.... This feels like few months before the XRP surge.

biba8163

> Can bitcoin natively handle Stablecoins As I have explained to mETH Heads, Bitcoin is not competing with Shitcoin Networks. If you still don't get this, you will continue losing money or at best it'll be a massive opportunity cost long term > ETHs value appreciation comes not from utility but like all Alts from capital and liquidity brought by BTC -- see point 1. Also, **in order to compete with other chains, Ethereum will have to scale and that has seen the rise of L2/sidechains which results in loss transaction fees and MEV tips essentially stealing value from ETH. This essentially turns Ethereum, Solana, BSC, Tron, L2/Sidechains, etc into competing networks for DeFi casinos and rails for StablecCoin transfers where they have to remain cheap or utility and users will move to competing chains.** BTC on the other hand has no competition. It doesn't have to scale, it doesn't have to become cheap, it doesn't have to keep advancing, it doesn't have to keep up with the competition because there is no competition. > *All this points are illustrated with ETH value is already being less than 1/3 BTC value from the summer of 2017 and continuing to trend lower over time. A short time frame of possible ETH out-performance if/when BTC goes on a big bullrun will draw short-sighted fools and their money who will over time watch with despair the falling ratio just as /r/ethfinance is doing so today.* https://np.reddit.com/r/ethfinance/comments/1f9ef5k/daily_general_discussion_september_5_2024/llmkgtm/ > Defi DeFI, TVL, etc are all scam narratives. It's not Decentralized. It's not finance. - Essentially a Shitcoin Casino. Leveraged plays, trading shitcoin tokens, earning yield on shitcoin tokens, providing liquidity on shitcoin tokens. NOT FINANCE - Every player like, MakerDAO, AAVE, LINK etc, is COMPLETELY CENTRALIZED - There are **no life financial products like life, home, health insurance, mortgages, home equity loans, car loans, personal loans without massive collateral, commercial loans, etc.** Again, shitcoin trading, yield farming, etc is NOT FINANCE. - Then you slap some scamified metrics like TVL based on scam tokens locked up to make gullible fools believe real capital is locked up instead of vaporware scam tokens.

Mirved

Its not. Look at the trading volumes on the ETH platform. Stablecoins alone are more then bitcoin's transaction value.

Mirved

Pull up the list of other crypto's from that time that did better then ETH in the same time. Most are dead. ETH performed second best at the current time.

JeanWuzzu

you'd actually have made a +800% if you had bought ETH 5 years ago though