ETH

zooka19

Nice for Crypto to pump and pop some signals, when I've just finished my emergency fund and got a bit of extra cash now. ETH I was down -5% before the pump, so I'm sure I was at least even and bought more. BTC I was up 30%, bought more SOL I'm waiting on but I was up 138%.

Still_Theory179

SOL is only a 10x from flipping ETH

zooka19

This, I bought BTC & ETH this morning. Wanted to transfer to my wallet to stake ETH but fees are a bit high atm so I'll wait. Waiting for a signal to pop on SOL also. Got signals on LTC/DOGE/SHIB too, but I'll pass on LTC this time and fuck dem dogs.

GrandmasGiantGaper

ROSE (oasis) is my goto L1 ETH competitor. Pretty much ETH but with private transactions

alfierare

I started using SpoolFi's ETH vaults. The main reason is the auto risk diversification across multiple protocols. The second is yield optimization and auto-compounding. I really think that this is the tool everyone needs for staking ETH and stablecoins. Very simple to use and efficient

UltimateUnknown

DCA is the best strategy in the long run and reduces a lot of headache trying to time the market. Just invest whatever sum you are comfortable with investing into crypto, which is a very volatile market by its nature. Just don't leave your coins in a centralized exchange and get a hardware wallet. There are far too many exchanges that have gone tits up, even in the past few years. Also if you are invested into ETH, consider staking it directly from your hardware wallet using a DEFI protocol like rocketpool. You'll need to do some research into the risks involved and the tax implications, but staking is a great way to grow your ETH over time.

Agile_Ad7864

BTC/ETH is a solid plan for starters. I suggest that you take a deepdive and start researching the technology that is being developed here. Understanding the fundamentals may provide you valuable information about other potential investments besides ETH/BTC.

sportspadawan13

Can't even sell mine so what's the point? Cost $20 in ETH to swap it anywhere

randomFrenchDeadbeat

I understand what you meant, but specific GPUs already have a hash rate way superior to generic CPUs, like some orders of magnitude higher, and ASICs have a somewhat similar scaling vs GPU. Combined cloud providers power is huge, but it can only do generic stuff. Cloud computing is great because it handles mostly everything related to reliability, security and resilience, for a fraction of the cost you'd have to pay for small usage. This is key for validators as the ETH staked on it gets slashed if the validator is not up all the time or makes errors ( that is oversimplified but you get the gist). But if more than 51% of validators run on US clouds, the US can indeed decide to take control / shut it down.

GBR2021

You are paid to bring up Solana in the same sentence as ETH, aren't you?

Mirved

Bit hard for you to comprehend i see. Was clear from the moment you where comparing the 2 and not getting the difference users, security makes and the reason why ETH has way more use (and therefore higher demand for gas). But hey i've got SuperL33tCoin for you to buy. It has only 2 users (me and you) therefore is superfast and cheap. It has no use and no security. But hey those things dont matter to you right. Only if its cheap transactions.

Buydipstothemoon

It's moving like an ETH. Soon there will be more than 2 coins called "blue chips" and I think Cardano has the potential to be one of them.

Capital-Physics4042

I dunno mate, I feel uneasy not having put money on it. It feels like a sure 15x, all the things ETH is trying to implement now, it's already got

Blanketname12

Easy come easy go as they say. However there will be steady and consistent cashflow into BTC and ETH due to the ETFs, so the drop shouldn't be so violent.

sportspadawan13

Holy bajesus alts and ETH are gonna go wild next month.

12_18

Amazing. I am most interested in how the tokens and NFTs are native assets. When I found out that my ETH wallet can be drained just by messing with the multitude of scam tokens in my wallet, I had serious doubts about its usability in the near future. I’ve never even tried interacting with ethereum DEX’s out of fear of messing something up. Seems like Cardano is more safe and forgiving to use. The value proposition of Cardano is much more clear after reading your post. Thanks

OkArm8581

Optimism. Can I send ETH using Optimism L2? 😳

LevitatingTurtles

ETH still bleeding against BTC tho

mochi_ball223

Looks like the 🚀🚀🚀 has started for ETH

wildermoose

I’ve got the feeling that at some point ETH will 🚀

OkArm8581

We were talking about Cardano L1 and ETH L1 transaction fees. Or am I missing something? I can send it dirt cheap with Lightning otherwise. And this is what I use mostly, anyway. 😉

bibimbap0607

Sure mate, you are very welcome. I don’t think I have anything to add here. Well, keep it simple, don’t over complicate things, take good care of your seed phrase and you should be good. I simply invest 50/50 into BTC and ETH. Don’t do any alts. Alts feel more like a gamble. If you want to gamble (which you are already doing being in crypto) then you can get some alts. But be completely ready to lose all money invested in alts. Technically ETH is considered alt. Everything that is not BTC is alt. There is a nice post on Reddit related to DCA-ing in BTC and ETH. I think you may find it interesting: https://www.reddit.com/r/CryptoCurrency/s/yMRA1NXnzS The same user should also have a post related to alt investment. You may also take a look at that one.

sportspadawan13

I mean I still threw thousands in the trash with DOT. Luckily also threw in with ETH as low as $1100

GunnDawg

Ah very well. Appreciate you clearing that up. I guess the best option for now is just DCA in some funds every month as I planned and just wait and see what happens. I'm aware of the general risks of investing. Could do well, could lose it all, etc, etc. I get that. I'm just not up to snuff on all my terminologies. Thank you again for your input. If there is any other advise or pointers you'd like to offer then I'll gladly take em. The general consensus seems to be that I am on an OK track with my plan to just buy once a month, so for the short term plan, that's all I'll do. Do you by chance split BTC and ETH or are you just into one blue chip and dabble in some alts?

Squezeplay

0.01 cents on optimism. Or are you requiring that you use ETH L1 tx to pay a cell phone bill? It could cost you about $25 to send a wire transfer too. Or $10,000 to send an armored truck and security guards to send the $100. You could send it in dogecoin and pay 1 cent.

Wilder54321

It might be a different year but I’m still a degen! No BTC/ETH in my portfolio. A couple cosmos projects, liquid staking and perp/trading related projects.

Simke11

I should have bought some a year ago when it was at cycle low, but I was concentrating on BTC and ETH at the time. There were a few dips later when I almost pulled the trigger but got greedy thinking it would go lower. Not buying now when its done 8x from cycle low. It'll go up more, but one of the rules I follow is not to buy coins that have pumped.

OkArm8581

Of course less people use Cardano. Nobody can argue with this fact. ETH ecosystem is vastly superior, no questions. I'm not talking about that. Give you simple example. I want to top-up my cell phone balance for $100. To do it with ADA will cost me additional 0.17 ADA or $0.07. Please tell me how much would I have to pay to send $100 equivalent of ETH now?

sportspadawan13

Lol. So glad I sold. Got a full ETH from it

sportspadawan13

I sold at .40 and .22. Some people are just mad we got out with decent profits. Bought myself ETH at $1700 to further the profits, too

sportspadawan13

ETH has had its own little pumps too. From $1800 to 2k, then 2k to 2.2k. For every 5k BTC has been pumping its been like $200 for ETH haha. Alts will take time but they've been hitting new floors.

OkArm8581

Transaction cost on Cardano is around 0.17-0.35 ADA (from my experience). It's not free or very-very cheap as some other L1 chains by any means. But it's not nearly as expensive as Ethereum gas fees. I am not advocating here. I'm expressing my personal usage opinion. Do I hold ETH? Yes. Do I use it? No way. 😉 I don't use much ADA either but simply because it wasn't yet adopted by vendors I'm using. It will change with time.

bibimbap0607

I DCA $100-200 total every month in BTC and ETH with 50/50 distribution. Up until recently I had been DCA-ing monthly and withdrawing to hardware wallet from exchange as soon as I get my coins. And only recently when Bitcoin on-chain fees started going up I ended up leaving my coins on exchange with daily auto-DCA feature on. I will probably withdraw them once every 6 months or once a year. What is more, as people here told me, it’s not good to withdraw your BTC frequently from exchanges as every time you withdraw it creates a new UTXO which later will add up on fees when you try to move your coins around. So if you withdraw frequently you have to do UTXO consolidation later. I would say Kraken is well known, reputable and lovable exchange. You should be pretty safe with keeping your coins on exchange for a few months or up to a year. But don’t forget to withdraw it from time to time.

Phosphate67

Look back the last few months. BTC and Eth move up to a new level (range bound) it will trend sideways for a week or so before move migrates into the Alts for a few weeks. Rinse and repeat. Look for us to be in the 40-42 range for a while and Alts to catch up. ETH will likely pump on its own in the near future too.

ddawsonallen

ETH is a good hodl

TyroneWallinson

Between my BTC,ETH OR SOL bag. ETH will make me the most money

skYY7

Tops 2024: Btc 100,000 ETH 8,000 SOL 400

OkArm8581

In my books, ETH fees are bad enough that I can't afford using it. Simple as that.

Crypto_Cat_34_32

What's the appeal to Litecoin as an investment when it's bled ratio to BTC/ETH across its entire lifespan?

Ofulinac

It would be cool if we had a distribution still in place as tons of new people will be flocking to this sub soon enough with BTC and ETH pumping as they do.

AnneArchy123

Predictions for BTC and ETH on Jan 1st 2024 when my rent is due?

Reach_Beyond

Fake top at 92k (people selling before the people who sell before 100k), then fake top a 99k then we break through and new top is 150-180k (2-3x previous top). The gain multiple at tops will continue to decrease. It’ll take 2 decades before BTC hits $1M. ETH will follow similar and each year will close the gap in market cap.

kingerxi

I converted all my LINK to BTC today. I now have .6946 BTC and 775 GBTC, and a significant amount of ETH and SOL. The dips are being bought in a BIG way!

MandyG6

115-140k BTC and 6-8k ETH.

kevinlovesweed

Defi on cardano is plain dogshit compared go Sol and ETH. Literally less volume and less TVL

kevinlovesweed

Cardano is a plain dogshit ecosystem to use atm. I bet you money the people here has never ever used a DAPP on cardano. There’s a reason why people degen on ETH and SOL system. But not Cardano.

Awkward_Potential_

The ETH "L2" that isn't even really an L2. Just a multisig that dummies sent their money to.

simpgod420

Lost most of my crypto funds to the LUNA crash, about $3k which was a lot for me at the time. From here on I just stick $20 a week on ETH and call it a day.

Objective_Digit

The last time Bitcoin hit 40k ETH was $2700. Not ultrasound money.

TyroneWallinson

Brother. Swap it for ETH

Im_A_Zero

$210,000 for BTH and $15,00 for ETH. Around 3x their ATHs because there’s so much investment money that is waiting to get in and the Bitcoin halving around April.

sportspadawan13

Think DOT will recover? Down from $17.40 average. Been staking and DCAing for a while. Just wondering I should sell it for ETH or if folks have any remote insight to price recovery. Not even $17, heck I'll take $10!

Crypto_Cat_34_32

Marginally more risk but you could do weekly buys and only withdraw funds to a hardware wallet 1-2x per month. If you're moving ETH directly to an L2 I think this is less of a concern.

Roland_91_

what was the first smart contract system if not ETH? Or are you calling BTC a smart contract system now?

btc_clueless

ETH finally woke up and realized we are in a bull market?

Lunar_Horticulture

I'm gonna guess a little under 5x the 2021 top for both BTC and ETH. I still won't have accumulated enough of either by then....

Grunblau

Even though I met my accumulation goals with BTC and ETH, it is hard to not feel like I could have done more…

DrinkMoreCodeMore

dumb af. keep your ADA staked until the bull comes and then sell it. >Plus, ETH and Algo have legit active real world utility, while ADA is completely hypothetical. lol

sickvisionz

The gains have been trending lower and lower for tokens that set new highs. $120k BTC and $12k ETH would make me think this is about to crash hard any second now.

Roland_91_

Ethereum was first. of course it has more users. But lets not forget that Cardano can change its fee structure whenever it wants. if necessary We can just vote to double or triple the fee costs to make the chain break even - its not a big issue. ETH and BTC cannot do this because they dont have a governance structure and dont have deteministic fees.

CointestMod

#Ethereum Pro-Arguments Below is an argument written by Chysce which won 3rd place in the Ethereum Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. If this topic is active, submit an entry in r/CointestOfficial and earn Moons if you win. Moon prizes are: 3rd - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500. > In its essence Ethereum is a platform that allows developers to create decentralized applications (dApps) using smart contracts. These contracts are self-executing and run automatically when certain conditions are met which makes them transparent and secure. With the recent [Merge](https://ethereum.org/en/upgrades/merge/) Ethereum has switched from proof of work to proof of stake which made the network even more secure and decentralized. > > **>> Deflationary Future** > > As a result of the Ethereum Merge event, the ETH tokenomics are now set up to become **deflationary.** For example only during last month supply of ETH decreased by [31.5k ETH](https://ultrasound.money/) due to more ETH being burned than issued. If Ethereum can consistently ramp up its user base and transactions over time, it will move closer to a deflationary future, which is increasingly likely given the growing DeFi and gaming ecosystems. The more transactions and people using ETH, the more it gets burned, which should theoretically make ETH more valuable going forward. Current supply decrease is [0.319% per year](https://ultrasound.money/) and the burn and is bound to increase with the use. > > **>> Staking** > > The upcoming [Shanghai Fork](https://www.investopedia.com/what-is-the-ethereum-shanghai-upgrade-7099021) will make liquidity readily available to stakers at any time, enabling them to have financial flexibility to build on top of it, as opposed to locking their ETH for extended periods. By staking ETH, one can manage it independently, with the assurance that no one can default on their investments, as it is secured on a smart contract. Since the start of staking program there has been a consistent rise in the [amount of staked Ethereum](https://cryptoquant.com/asset/eth/chart/eth2/total-value-staked?window=DAY&sma=0&ema=0&priceScale=log&metricScale=linear&chartStyle=line). Currently [\~15% of total supply](https://ethereum.org/en/staking/) of ETH is staked and [APR is 4.5%](https://ethereum.org/en/staking/) > > **>> ETH is a DeFi powerhouse** > > Ethereum is the biggest platform for decentralized finance (DeFi) applications. The vast majority of DeFi applications are built on Ethereum, including decentralized exchanges (DEXs), lending and borrowing platforms, and stablecoins. Ethereum's popularity, tools and resources that are available to developers have significantlu contributed to the growth of DeFi on the platform. > > While other blockchain platforms are also entering the DeFi space ETH will always have the first mover advantage and will be very hard to replace. [At the moment the total value locked (TVL) in DeFi on Ethereum (58%) is greater than the TVL of all other blockchain platforms combined](https://defillama.com/chains) > > **>> Active Community** > > Compared to other ecosystems Ethereum has [the biggest and most active community](https://blockworks.co/news/ethereum-has-most-developers-but-these-newer-chains-are-growing-fast). It has the largest total number of developers, and this number is continuously increasing. Ethereum's community is known for being open-minded, welcoming, and inclusive. They are also very active in discussing and implementing future improvements ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/100p71b/top_coins_ethereum_proarguments_january_2023/) to be taken to the original topic-thread for this argument or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Ethereum) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post.

BlazingPalm

Good alts allocation- you do you. Except for too much ETH IMO. 85% BTC 10% ETH 5% whatever else Seems better to me

HLPP16223839

45K BTC and 2500 ETH before end of year are a real possibility

babbler-dabbler

I actually completely forgot about ETH

reliable35

BTC $90k-$170k ETH $6K5 to $17k RNDR $80 to $150…

Roland_91_

all of these things are known, and we have years to solve them. If you look at the depreciation schedule it halves every 4 years or so, just like BTC, only the depreciation is every week, not one gigantic halving event. There are plans for a tiered fee model, babel fees, input endorsers and other structures to solve this - as yes you are right it is a ticking clock. But it was always part of the original plan and isnt really a concern....at least no more of a concern than BTC being totally mined and there being 0 rewards for BTC miners. You could also argue that Ethereum L2 chains are taking away ETH fees. the difference is Cardano is doing it as decentralised as possible, while all of ETH's L2 solutions are entirely centralised.

Blabsl

GO ETH old fella

ohmygodbeats7

Oh shit ETH really taking off. Get past 40k BTC!

Despaciito

Diminishing returns. BTC will go to 140k which is a 2x from last ATH. Btc dominance will fall off a cliff and alts will rally hard. ADA to $10 and ETH to 15k Cycle top in late 2024/early 2025

Galactic_Obama_

God if ETH makes 10k I'll cry.

CraftyInvestigator25

Yes more are flocking towards towards ETH and Solana. Haskell isn't sexy ngl. But you can write Code in Python for Vardano. Look at DefiLlama if you wanna know what exactly has been built so far

TyroneWallinson

Correct me if I’m wrong, but there’s nothing stopping ETH from $2800. Another yearly high for ETH🥂🥂

Littlefinger_13

Hi! First of all, to clarify my position, I am a huge Cardano fan (it is the main chain that I use), but not a maxi. I found beautiful things in other Layer 1's too, and I believe that every major one has made some contribution to the space. Your curiosity is valid. So, why Cardano? Let's begin with the basics. There isn't a blockchain out there that has solved the "Blockchain Trilemma", namely Decentralization, Security, Scalability. Cardano gave from its beginning weight to the first two. It is one of the most Decentralized PoS coins, with over 2000 Stake Pool Operators (SPOs) running the chain. Also, it had a very fair initial distribution, with smaller percentages of the initial allocation going to the founders, compared with newer Layer 1's (Solana, Luna, etc.). So, it has great tokenomics, very low, and decreasing, inflation (\~3-3.5%), and a max-ADA supply, capped at 45 billion ADA with over 35 billion, now in circulation. Also, it is written in Haskell, and its science is peer-reviewed with a lot of scientific papers "backing" the science that has been applied to the chain. This is a double-edged sword. Haskell is an extremely difficult Programming Language, but also highly secure. So, it might scare some developers, but if you are going to build the financial system of the future, you want the core foundation of this system to be trusted, even if it is a little harder to build on it. But, this is changing fast. Despite the core Cardano code being in Haskell, every Dapp that is written in it, can be (especially in the future) written with more intuitive to developers tools. For example, Aiken, a smart contract language on Cardano, based on Plutus (the smart contract language of Cardano), has made the building experience much better for devs. The same can be said for Marlowe, a smart contract language (developed by IOG), that aims to help write financial smart contracts, with very little programming experience. Also, Plutus language is 2 years old, so it is evolving. The tools and documentation for it are getting better, and easier for devs, day by day. Furthermore, the "peer-reviewed" approach, is similar in vision. If your science has been proven theoretically by academics, you have a better chance to build something in secure foundations. Also, on the Security side, it has something that neither Ethereum, or Solana has, and it is making it extremely safe to use, for end users. The Cardano tokens, and NFTs, are native assets, not smart contracts. If I transfer to you a "scam" token or NFT, and you interact with it, in Ethereum or Solana, it could drain your wallet. This is not a thing on Cardano. In ETH, when you want to swap a token, many times you give "unlimited access" to the Dapp, for this particular token. If the smart contract you signed could be exploited, or the site you visited isn't genuine, you might lose funds. On Solana, the smart contracts are "blind" on explorers, so you can't be sure what you are signing. If you want a blockchain to be trusted by billions of users, for every range of expertise and tech knowledge, this is not something that should considered normal. Cardano fixes this. Also, its staking mechanism is the best (and most secure) in the space. Your ADA never leave your wallet, they aren't locked, there is no slashing, no dangers. In fact, if you ever deposit more ADA in your wallet they are auto-staked. So, has it solved the trilemma? No. The only thing that Cardano hasn't solved (yet) is scalability. It has low (not Solana low, but \~6 cents low) deterministic fees, but with the Vasil HFC a little over a year ago, has been more faster and efficient. Also, the scalability theme hasn't been abandoned, but it is evolving with Layer 2's like Hydra (something like Bitcoin's lightning network) and the next step of its Consensus Mechanism upgrade, Ouroboros Leios, which will include Input Endorsers, which will make the chain really ready to invite millions of users. Also, having the e-UTXO model (based on Bitcoin's UTXO one), you can transfer a lot of Cardano Native Assets (ADA, tokens, and NFTs) with one transaction. If you have 1000 NFTs in one wallet (not in a smart contract) on Ethereum, you should initialize 1000 different txs and pay fees for every one of them. Also, if the e-UTXO system is used correctly it can help improve the scalability issue, because you can basically have transactions in transactions. Simultaneously, Cardano's roadmap is on the Governance (the Voltaire) era. The CIP-1694, which will enable it, will pass in 2024, making it one of the most decentralized chains, because everyone could vote on protocol changes. Don't forget that Cardano has a huge treasury (a portion of the staking rewards go there), that is being used by the Project Catalyst to fund specific projects, that are being approved by Cardano holders (1 ADA = 1 vote). So, especially now, with the era of Voltaire upon us, this treasury could really be utilized in the most democratic and decentralized way. There are not many chains that can say that. Also, lately, it has been introduced the new step in Cardano's interoperability journey which is "Partner Chains". With the magic of some Polkadot's technology, other chains, that will act a little like sidechains, will be introduced on Cardano. Also, some SPOs that will want to secure those partner chains, will get back token rewards from them, so ADA stakers, will get more tokens as staking rewards upon their normally ADA staking rewards. This makes the project viable long-term, because the ADA staking rewards are diminishing every epoch, so the SPOs will need these extra tokens to survive and to help secure the network. Lastly, I want to talk about the community. Cardano Community is one of the biggest in the space. Despite not much marketing for Crypto media, it is the heart behind Cardano. Every Cardano Summit has people from around the world. You can see how beautiful there is, if you dive deep inside it. Yes, there are some maxis (unfortunately every chain has some), but if you are patient to look, you can see how really diverse and lively it is. I have forgotten TONS of things, that make Cardano amazing. It doesn't have to be for everyone, and for you specifically. But, in a blockchain space that has forgot a little about its Decentralization routes, Cardano is a very welcoming voice in the space. Have a nice day!

ECOEXIT

The keys are only the means to an end. I’m also here for decentralised immutable technology, and I used to be heavily invested into ETH from the initial ICO. I was there for the various updates, chain throttle (ckitties), the DAO hack, ETC fork, many embarrassing moments, (badger dance). I had most if not all of my life savings invested. Back then I had to put my full faith in the developers, that they knew what they were doing, and it paid off. I didn’t believe they would sabotage their own work. While I dislike the existence of the keys in Cardano today. I still find it to have incredible potential, and once those “training wheels” are removed next year, I will get to have my cake, and eat it too. I participated in IOTA as well back in the day. (what a mess.) And while I’m not the biggest fan of Charles, I believe he has his heart in the right place.

Banker_dog

There are plenty of great threads on X that explain[why Cardano](https://x.com/taptools/status/1692557365525000606?s=46&t=6itQtXV5lmnn7k84rITKiA) over other chains. Part of the allure, if you’re serious about building truly decentralized solutions is the advantages of the eUTXO model. AXO is building what I think is the first truly differentiated Defi experiences on Cardano because of the advantages the accounting model has over say ETH. It isn’t to say that one is “better” than the other. That’s simply maximalism talking. Every blockchain has its trade offs and advantages . Ultimately why do most choose ETH? Simple, it’s where the largest user base is. Will this always be the case as we move towards interoperability between chains? Most likely not.

anonymouscitizen2

I’m speaking like it can’t happen to ETH because it literally can’t. There are no ETH genesis keys. Could the ETH devs sabotage the chain in some other way? Yea probably. But not like Charles could with his keys and Cardano. Why on earth would I buy tokens Charles made then store that value on Charles’ chain when he has the keys to take or zero out my assets if he wanted too? Again, I’m here for decentralized immutable technology. Cardano is not that despite all their marketing lies that say they are.

ECOEXIT

But you’re speaking as if this couldn’t happen on Ethereum at all, that’s why I’m confused. Let’s assume IOG/ETH devs/BTC devs turned malicious and went through with the scenarios you mentioned above, then couldn’t someone just fork the network? This already happened twice. Ethereum Classic. Bitcoin Cash. You are right, they could sabotage the network, steal assets, shut it down, but why wouldn’t the community just end up forking the chain?

GunnDawg

Strangely enough, I did buy a couple of Solana when starting my portfolio. Bought $500 BTC/ETH split, the 2 Solana coins to see if I can play with them and if nothing else learn the sell and withdraw system/functionality of kraken, hah. Not sure it's wise to keep buying Solana and do like a 45/45/10 split considering how little I know right now, just thought it was funny that you mentioned SOL. I greatly appreciate your feedback. I think I've learned some stuff here, but we'll see.

TheRicFlairDrip

Computing power on bitcoin is not centralized to a few IP providers, what he is referring to is ETH, where staking pools are hosted on cloud servers as they dont require computing power. Bitcoin miners are totally decentralized (physically).

Prahasaurus

> I'm lookinhg at the BTC address on the blockchain and it's all there, and hasn't moved, but it's not accessible so far via the Trezor. LOL. Cardano is basically a scam. There is nothing happening over there, just staking. A bunch of suckers staking to earn more ADA so they can stake more. No adds doing anything of value, nothing new, nothing unique. Cardano is the thinking man's CUMROCKET. If you are too dump to purchase ETH/BTC/SOL but too smart to purchase SAFEMOON, then Cardano might be the chain for you. It's definitely Reddit's favorite chain, which tells you a lot right there...

CleazyCatalystAD

BTC 120k ETH 9k

ngutheil

Mid 2025 @ 275k BTC Mid 2025 @ 18k ETH

moonRekt

In my head 130-150k BTC, $10k ETH, Coinbase stock going $1,000+

randomFrenchDeadbeat

>ASICS are more efficient, that doesn't mean a supercomputer can't mine Bitcoin. Mining is nothing more than calculating SHA256 hashes. So ? OP wrote: >Isn't a lot of the world's computing power centralized within 3 major cloud providers? To get a 51% attack running with those, you'd need those to run a hashrate superior to the current hashrate. Good luck with that. ​ >Staking requires ETH to be staked, not computing power. What he describes has nothing to do with staking. Staking requires ETH to be staked *on validators ,* which are mostly run on those 3 cloud providers, which has everything to do with what he is talking about: using the 3 major cloud providers to launch an attack on crypto.