ETH

BTC_is_waterproof

Trump launched multiple NFTs, owns ETH, and has discussed crypto on CNBC 🙄

asdafari12

I have since about 2016. ETH, not BTC though.

guestquest88

The 3.5 is just a cut of my ETH.

MoistCarbs

I think ETH upgrades that make fees cheaper for the L1 just means things are even better for L2s

MyOtherAcctsAPorsche

I don't understand why validators do it. 3% seems very low, compared with investments in the traditional market, and you are also exposed to a very real risk of ETH dropping in value. Sure, it could also go up... but still.

Captain_Pussy_Eater

This may be me misunderstanding the function of L2 side chains, zK projects, etc, but will the need for these L2 projects be phased out by future ETH upgrades?

Big-Finding2976

It might mean something if I knew what tf a Shytoshi is. Why are these memecoins still being created on ETH L1 instead of the much lower fee L2 networks? Do the creators get a cut of the ETH fees, because otherwise it just seems pretty dumb to make it unattractive to buy your memecoin by making it cost them high gas fees.

Yok_Mu_Beni_Siken

Ah, I love the smell of ETH shitting the bed in the evening.

lagav16

But r/CC called time of death on ETH? /s

3341331

A POW coin that is bridged to Cardano; about to bridge to BTC. After BTC, ETH is the next. Has highest TVL % among POW coins. 77% of it is mined.

Artorias_the_hollow

Honestly, I went heavy on ETH at the end of 2023 and made some good money, but I'm.not super convinced by its current strength. Eth failed to hit, or even get close to it's ATH during the big run up in the first quarter of 2024. It's has also dipped hard, having fallen 3x more than BTC and 66% more than Sol in the last 60 days. ETH is a big name in crypto, and it's got excellent fundamentals. However, fundamentals don't always mean much in crypto. This cycle, so far, has been dominated by newer projects. RNDR nearly matched Chain link in value just a few days ago, which would have been inconceivable last year. The answer to your question ultimately hinges on your whole portfolio makeup. However, I don't think it's a bad idea to spread some of your ETH around into other, more socially potent, projects.

R100K-Martin-Lunger

I would invest in BTC, ETH, Sol and ADA. I also like LINK. I created a list of coins I think will do well ([https://r100k.com/blog/which-altcoins-will-explode-in-2024](https://r100k.com/blog/which-altcoins-will-explode-in-2024))

BTC_is_waterproof

I know Trump owns ETH, and Biden is strongly anti-crypto. I also know your a clown 🤡

OfWhomIAmChief

I wouldnt, sell ETH for Bitcoin or Monero both of which have atomic swaps live.

GloopBloopan

They don't support BSC...So actually used MetaMask bridge to convert to Eth on Optimism chain. Now trying to send ETH on Optimism chain to CryptoDotCom, and it keeps failing, idk why. I have even went aggressive with transaction fee...

cyger

Similar to when ETH gas prices have surged, bringing the network usefulness down to a crawl unless you wanted to pay crazy transactions fees north of $200. Dealing with the Solana outages is a top priority for the team, and they certainly have become much less frequent.

Thunder_Face

I'm pretty sure you can top up the card with any Crypto. I've only ever done BTC and ETH but it definitely gives me CRO as an option.

GloopBloopan

Currently whats best bridge to send from BSC (USDT) to ETH?

Nonchalant_Calypso

ETH 😭

CointestMod

#Bitcoin Pro-Arguments Below is an argument written by Nostalg33k which won 2nd place in the Bitcoin Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > For this entry I'm going to update an overhaul my previous argument. This one is going to be very long but also address new things. I'm going to try to be more rigorous. Have fun ! > > Last entry: > > > Writing a Pro argument for Bitcoin in 2023 seems complicated because everything has been said... or did it? > Edit: I have a small bag of Bitcoin currently valued around 630 bucks. I am also invested in crypto around 2100 bucks which are always moving when Bitcoin is moving. Financial disclosure should be mandatory in these arguments =) > > ​ > > # Bitcoin: A small introduction. > > Bitcoin is the most famous cryptocurrency. It was created by the mysterious Satoshi Nakamoto. The creation of Bitcoin is some of the most weird mystery ever. No one knows who Satoshi Nakamoto really is. > > Bitcoin was started as a way to circumvent traditional banking in the wake of the financial crisis and the bail out of banks. Bitcoin relies on blockchain technology. Blockchain can be seen as an open book allowing anyone to know where is each fraction of Bitcoin ever. > > This blockchain is maintained through computer power. In a vulgar way: Bitcoin is mined by solving math problems. The maths problem becomes harder when more people are mining so that mining takes a fixed amount of time according to a timeline known to everyone. In order to respect this timeline, mining rewards are halved every few years. > > Since anyone who wants to validate transactions is forced to complete a very hard math problem (which becomes harder the more people are mining), no one can cheat in new transactions. Also, every other miner has a copy of the blockchain. Through making sure that no entity has 50% of the mining, you can stop nefarious actors from changing the blockchain. > > This is using cryptographic technology that I don't yet understand but you can read more about it here: > > [Bitcoin Wikipedia](https://fr.wikipedia.org/wiki/Bitcoin) > > Without delving more into the tech side of bitcoin. Which can also be explained through youtube videos here: [Bitcoin explained](https://www.youtube.com/watch?v=bBC-nXj3Ng4) > > The Metrics of Bitcoin are currently: 22400$ Per coin for a Market cap of 430 Bilions and a daily volume of 19 Billions. Bitcoin was shortly valued at 69000 usd during the ATH. > > Now let's dive into what is making Bitcoin so good. > > # Bitcoin is the king of POW: Why it matters and why we need a strong Bitcoin > > So as the title suggests it, the recent switch of ETH from POW to POS makes Bitcoin the sole serious POW cryptocurrency. In this write up, we are going to discuss the three main strength of Bitcoin, security, decentralization, and incentive for green energy production. Bitcoin is a highly liquid asset and has become nearly universally known as an investment. Many arguments have been made in favor of Bitcoin as an investment. It is interesting to delve into the limited supply of bitcoin. > ​ > Of course, the main feature of Bitcoin is the Permissionless aspect. This allows the unbanked to use a P2P service. > > # 1) Bitcoin: The Apex of Security. > > > Bitcoin is ultra secure thanks to its use of Blockchain technology and the way it is verified through proof of work. To explain this let me quote IBM: > > > > > Public blockchain networks typically allow anyone to join and for participants to remain anonymous. A public blockchain uses internet-connected computers to validate transactions and achieve consensus. Bitcoin is probably the most well known example of a public blockchain, and it achieves consensus through "bitcoin mining." Computers on the bitcoin network, or “miners,” try to solve a complex cryptographic problem to create proof of work and thereby validate the transaction. Outside of public keys, there are few identity and access controls in this type of network. > > > > [IBM on Blockchain security](https://www.ibm.com/topics/blockchain-security) > > ​ > Mining is measured in Hashrate. Here is the explanation of Hashrate: > > > > > Hash rate, sometimes referred to as hashrate, is a measure of the computing power on a cryptocurrency network that serves as a key security indicator. It measures the total computational power used by a “proof-of-work” (POW) cryptocurrency network to process transactions in a blockchain. > > > > [USNEWS explains hashrate](https://money.usnews.com/investing/term/hash-rate#:%7E:text=Hash%20rate%2C%20sometimes%20referred%20to,process%20transactions%20in%20a%20blockchain) > > ​ > So if the hashrate measures the security of the network, one may asks themselves: "Did the security of Bitcoin slowed when the price fell ?" > [The hashrate is near the ATH and growing making Bitcoin more and more secure as it continues to build over time](https://ycharts.com/indicators/bitcoin_network_hash_rate#:%7E:text=Basic%20Info,101.2%25%20from%20one%20year%20ago) > > ​ > So Bitcoin has never been as secure as it is today which makes it ultra valuable as a way to settle financial transactions. Yes holding Bitcoin for a long time is risky but using it as a medium to settle international transaction may currently be the securest and one of the best way to do so. > > > While Bitcoin is safe... what if a big part fails ? > > > # 2) Bitcoin mining: Too big to fail. > > So this write up could be seen as a POW write up, which it is to an extent. But Bitcoin offers its history and shows that it can survive the disparition of a big part of the network. > Decentralization allows for parts of the network to disappear and for the rest to take the mantle of securing the network. Yes, mining pools may grow too large for their own sake BUT in the end (nothing even matters) Bitcoin is heavily decentralized. It is so decentralized that, when China (which had a big part of Bitcoin mining) banned mining, Bitcoin just went through like nothing happened. Yes the hashrate fell a bit, the value too, but if we look back, it was nothing extraordinary. > > The resilience of Bitcoin is largely due to the fact that the hashrate symbolizes competition=> If the hashrate falls, then it is more profitable for other miners to keep mining or for new miners to start mining. This balance is what makes Bitcoin very resilient. > ​ > So if Bitcoin is highly secure and if it can survive part of the hashrate going bye bye, what makes it so good? What is the difference with any POW Cryptocurrency right now? > > > > # 3) Bitcoin: propping up the green energy sector. > > POW uses energy. One of the biggest concern about POW is the energy. While Ethereum was using GPUs and was asic resistant. Bitcoin mining is built differently. A long time ago, under oath, people discussed the environmental impact of Bitcoin Mining and I made a post explaining what was said: > ​ > The Energy Fud Was Killed > The most important thing that happened: The narrative that Bitcoin is too energy intensive was totally reversed. > Experts of the sector explained that, Wind Farms and Solar Farms, have a variable load. This variable load means that sometimes they lose money because they produce too much and there is not enough demand. Bitcoin mining provides a variable base load for these projects. What it means is that, mining can be turned on and off depending on demand. It was revealed that most of these wind and solar farms would simply not exist without Bitcoin Farming as baseline customers. > There are still miners that are using coal plants and fossil fuel but the leaders of the industry are developing in tandem with the green energy sector. > > My write up about the congressional hearing is still true and thanks to the infrastructure act, green energy will continue to grow and to be cheap. This will allow for a better mining infrastructure. > > [My post](https://www.reddit.com/r/CryptoCurrency/comments/s99phv/yesterday_one_of_the_most_bullish_events_ever/) > > > # ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/100p7vq/top_coins_bitcoin_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_Bitcoin) to find arguments on this topic in other rounds.

Oheson

Learn from your mistakes. Hold the BTC and ETH. Wait until the next Crypto Winter (in 2026) and stay active in the market buying like a MFer during that period. In Crypto Winter add to your BTC and ETH as well as listen for next cycle's narrative. This cycle's narrative are meme coins. Next cycle, there will be a new one. Use your first cycle as a learning lesson. Very few will make money their first cycle. But those that stay active learning during the bear market always win. Buying now in the cycle is very late and you will have to perfectly time the exit from this cycle to make any profit at this point. Crypto Winter is when you lay the seeds for the upcoming cycle, not now.

coinfeeds-bot

tldr; Hong Kong's Bitcoin and Ethereum ETFs experienced record outflows, with $38 million withdrawn in a single day, marking the largest net outflows since their inception on April 30. The Bitcoin ETFs managed by China Asset Management, Harvest, and the Bosera-HashKey partnership saw a significant outflow of 519.5 BTC, valued at over $32 million. ChinaAMC's Bitcoin ETF led the outflows. Meanwhile, the Ethereum ETFs also saw their highest daily net outflows, with 2,270 ETH withdrawn. This contrasts with the U.S. Bitcoin ETF market, which saw a positive inflow of $66 million led by Fidelity's FBTC. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

otherwisemilk

>ETH stops being deflationary So it's inflationary, meaning they are debasing the currency to pay for validation rather than direct transaction fees. That means not just the users, but the holders are also not happy.

Federal_Pie_8864

How does bridge transactions work? Can I trade for example ETH using Algoraland? How does it work technically?

EnzoFerrarisShades

Very small portfolio up here. Approx 25% of it in BTC, and a further 25% in ETH. Both of these allocations were made back in the '21 bullrun, of which I was up about 2-3x on both, before doing nothing, watching them drown and then recover. Didnt touch my port in 2-3 years until last month. If you had a very small portfolio, and are hoping for a roughly 8-10x this bullrun, would you keep that 50% allocation (as obviously BTC and ETH wont be 8x'ing this bullrun), or shift those into some of the more popular narrative altcoins for this cycle?

MaximumStudent1839

Like I said, there are other earlier versions of PEPE. There is nothing special from a meme point of view compared to other PEPEs. In fact, some other PEPE logos are closer to Matt Furie’s newer art style. The only real difference is, only this one got listed on Binance and has the ETH shitcoin cabal support. The differentiating factor isn’t meme ability. It is shitcoin trading liquidity.

Lost-Hat

Nope, most of the gas fees are Based fees, after EIP1559 almost 3 years ago, all base fees get burnt. Validators get only the priority fee. So right now gas is around 4 gwei, with around 0.1 gwei priority fee. Even when gas was around 20-30 few days/weeks/months ago, priority fees are usually in similar range, except for times of sudden congestion So the only thing low gas generally affects is that ETH stops being deflationary due to less ETH being burnt. Validators benefit when priority fees go up due to congestion, which happens in spikes and can even happen in low gas times like now (when there might be a sudden influx of txns let's say due to a major airdrop claim) Source: work in EVM txn layer

MaximumStudent1839

This isn’t the first PEPE meme and it won’t be the last. What made this one special is it provided a ton of exit liquidity for ETH NFT folks before ETH NFT hits its final nail in the coffin around summer last year. Simultaneously, it also created a load of bag holders from ETH NFT community. All of a sudden, all these self-proclaimed NFT maxis turned into “PEPE” maxis over night. What is funny is so many of these PEPE maxis turned into HarryPotterObamaSonicInu10 maxis a few months later. Then they start wearing WIF hats and MOG glasses. All the timeline tells me they rotate their attention like hell. No one knows what is in the vogue in a few months.

you_cant_see_me2050

One potential alternative to spot leverage is buying ETH call options with an expiration date in early 2025. This allows you to control a larger amount of ETH for a smaller upfront cost, but if ETH doesn't rise above the strike price by expiration, you lose the premium. If you are set on spot leverage, consider starting with a lower leverage ratio, like 1.5x or 1.75x. This way you can test the waters and get a feel for how it works before committing to 2x.

Rebellion_Protocol

Yeah, gaming and crypto really are merging fast. GME ETH is a great example! Maybe you'd like to check out this sub: https://www.reddit.com/r/DailyLedger/

HokkaidoNights

CRO is up 96% in 12 months with a circulating supply of 26.5bn and total supply of 30bn. Daily volume around $10.1m. PLU is down 53% in 12 months with a circulating supply of 1.85m and total supply of 20m. Daily volume is around $520k. For comparison, BTC is up 133% in 12 months, ETH 63% up in 12 months. I don't think you can call that 'standard price' action on PLU - I'd call that a slippery slope with a broken ski lift right now, waiting for an avalanche.

NoStreet7321

Shit people still playing with ETH? Hunk of junk by today’s standards.

DegenerateWins

I think I’m “frozen”. For whatever reason, they just don’t offer me withdrawing to bank services. However, they do let me use them for moving my crypto around. I can send ETH on Base to Coinbase and then onto Kraken and skip the bridging wait, it’s instant, no problems.

TokinBlack

I mean...thats not what inflationary/deflationary means, but i understand your point. If the only reason something is no longer inflationary is because of a hypothetical that enough people would buy and stake ETH to keep it from being inflationary, thats not really the same thing?

Kiiaro

Ok so I converted all of my MOONS to ETH and its currently sitting in Metamask on the Aritrum Nova network....its been over a year and a half since I've touched any sort of crypto so I'm a little confused on what my next steps are to get the money into a bank account? I have coinbase and crypto dot com on my phone but I dont want to make any mistakes and lose the ETH. Can somebody explain to me what to do?

Open-Media-2859

My suggestion is don’t listen to others. first, you need to understand the market yourself. Whether it is BTC or ETH, you need to understand it yourself. After you understand them, you can invest according to your inner thoughts. you can use Kraken [crypto.com](http://crypto.com) Gemini Coinbase

ThebesAndSound

Bitcoin maxi: I don't think about ETH at all

GrixM

And how are you supposed to know in advance when is a good time do to these kinds of flip trades? Certainly not by studying the inflationary policy of chains, since Ethereum has been less inflationary than Bitcoin during the same time period that the price action suggested the opposite. It's just random whims of the market. The ETH/BTC price has precisely zero bearing on the deflation/inflation discussion. That is my point.

R100K-Martin-Lunger

Definitely start with BTC as a newbie and go in with the intention of HODLing. Do not worry and panic-sell at the first sign of a dip. Highs and lows are part of the crypto world, but BTC's highly valuable and does bounce back with exceptional growth each time. Then I would suggest that you check SOL and ETH and then expand your portfolio to include other valuable coins. You can check this list for promising and established crypto at the moment and also find other general tips for newbie investors: [https://r100k.com/blog/most-profitable-cryptocurrencies-2024](https://r100k.com/blog/most-profitable-cryptocurrencies-2024)

DingDongWhoDis

>and ignore ETH L2s Definitely haven't ignored them. Mentioned them in negative light considering how centralized they are amongst other issues. That weak crutch will not keep ETH ranked #2. >but say “centralized” ! even though it is a deceptive claim Don't see how it's deceptive. It's just something you won't admit. >Acknowledge ETH L2 sequencers have now been decentralized, but claim “monolithic better” even though Solana has demonstrated otherwise Not really sure what point you're trying to make here, but concerning Solana, it is not in the same league as Algorand. ALGO can handle transactions. You must think everything outside of ETH is basically the same thing and it couldn't be further from the truth.

Helpme-jkimdumb

Yeah I know all this already. Been into ETH since 2019. I was attempting to make a point about the comment I replied to.

TripTryad

Its 100% true, and anyone with a free tradingview account thats willing to look at a BTC/ETH chart can confirm its oscillating nature. But your reply is the equivalent of telling someone who has navigated the market correctly that they are wrong, but "lucky". And against that type of viewpoint, discussion/debate is moot. It's your money man. ✌🏽

noncognitive

Not returning to ATH doesn't mean it's bleeding red. ETH outperformed BTC in 2020 and 2021

TripTryad

> So? This is an amazing question to ask because it says so much about how some investors just dont get it. You are talking about inflation/deflation and ignoring the fact that you could buy 30% more ETH today had you just bought BTC at the time. It makes no sense. You should want MORE eth. As much as you can get for when the situation flips and ETH begins to outperform BTC. There's no reason to not prefer this.

_TheWolfOfWalmart_

There's a higher chance of SOL flipping ETH than ETH flipping BTC.

TripTryad

> So, when I have the opportunity to cherry pick a timeframe that ETH outperforms BTC, I can laugh at you for not having yield and having a worse performing coin? No? The point is that the timeframe when BTC outperforms ETH is predictable, as is the reverse. ETH gets outperformed over the bear market years usually leading up and into the halving, but typically after it the situation swaps. You play the bitcoin dominance game during the 'offseason' and you swap during the post halving alt season. You don't need to be down right now on your investments in ETH vs BTC unless you literally played the game wrong. Its not cherry picking its market knowledge.

Mr_Pink_Buscemi

ETH has not surpassed or met its original all time high against Bitcoin is 7 years. It’s been bleeding red since. Is 7 years cherry picking data too?

RedOpenTomorrow

I thought other chains were going to surpass ETH because of high fees?

2peg2city

That's literally by design: https://l2beat.com/scaling/activity The number of transactions settling to ETH L1 is up massively compared to last bull market. They certainly were a little late with the last update and lost a bunch of the memecoin activity to Solana, but I really couldn't care less about memecoins.

Yok_Mu_Beni_Siken

Noo >:'( you see ETH will flip BTC, BTC will be 500k this cycle, there's no way this is the end EEEEEE

bla_blah_bla

It depends on 1) the cost difference between your leveraged spot trade (cost of borrowing for how long plus the risk of changes in interest rate) and that for a perpetual futures contract (the funding rate which on ETH is mostly positive: that is you, as a LONG, have to pay the SHORT, for as long as the contract is open, a changing rate that depends on demand for LONG positions) 2) the risk profile of liquidation (when you get a margin call if ETH goes down and how much collateral you can/need to add to avoid being liquidated) for the 2 instruments might be slightly different. But that depends on the exchange. For small amounts, unless you're interested in the details (you should be, as an investor) the 2 instruments are probably equivalent.

Somebody__Online

If I were you I would do this on chain using a perpetual futures platform like GMX. You can use ETH as collateral and earn funding fees while you hold positions opposite the market. It’s crazy cheaper than any centralized exchange

detifiai

Leveraging ETH on platforms like Kucoin can boost your buying power but beware of liquidation risks and accumulating fees over time. Consider less risky strategies like dollar-cost averaging for long-term gains without the stress of potential significant losses.

theapplekid

Every asset with an inflationary supply theoretically does this. E.g. in the U.S. the treasury sells bonds which the fed determines the interest rates for. Those interest rates basically determine the rate at which the total number of U.S. dollars increases. If the U.S. economy doesn't grow at at least the same rate, then the value of each of those dollars is diminished over time. Bitcoin does this also, the mined bitcoin is created by the protocol which rewards miners with newly minted bitcoins. Ethereum does this with staking, but also burns (removes from circulation) ETH in the course of use. Transaction fees include a portion which will be burned. If the network has enough activity, these fees will amount to more ETH burned for transactions than minted for staking.

OderWieOderWatJunge

Finally something bullish for ETH

Mental_Platform_5680

Move everything maybe swoop some ETH also if you want slow steady growth with possible exponential growth. Keep the alts if you want to have a chance for exponential returns but also a higher chance of losing 90% of initial investment

UpvoteForLuck

Most of those alts haven’t really recovered from last bear market. They will likely underperform, just like ETH has. I would trade them out for BTC and/or switch to alts that will perform better in this cycle.

noncognitive

> in the last year. So, when I have the opportunity to cherry pick a timeframe that ETH outperforms BTC, I can laugh at you for not having yield and having a worse performing coin? You realize for BTC to be up so much this year, it had to drop like 70%? ETH didn't drop as much.

chandlar

A currency can deflate in its own nominal terms and would imply increased value per currency assuming all things constant. You can have deflationary currency policy while still experiencing decreased relative price parity. Sure, policy implies certain price changes; but fact of the matter is that BTC is inflationary, and ETH is deflationary. The price disparity is because BTC has had a bigger pump, which is obvious.

coinsRus-2021

It’s also a complete misconception that ETH would stay inflationary. As demand and tx increases, ETH supply decreases

ActualSherbert8050

The only thing keeping SOL from taking the number 2 slot is the investment and work already put into ETH.

jeetsstizzard

Basically, the use of leverage is risky, and not something I'd suggest for most investors. But you do you, just be aware of the risks involved. FYI, the big thing with leverage is that your potential profits get boosted, but your potential losses get amplified too. Like, if ETH doubles up from when you buy it, with 2x leverage, you'd be up 4x. But if the token drops 50%, you'd get completely liquidated and lose your whole investment. Plus, there are fees for leveraged positions, depending on which platform you use. Always read the fine print carefully. Now, about KuCoin, I took a look at their website, and it seems they do offer leveraged spot trades up to 10x for some coin pairs. But double-check the liquidation levels and any other fees just to be safe. In my opinion, leverage is even riskier for long-term holds. Before you try it, make sure you have studied well the ins and outs of this. There are a lot of resources out there that can teach you good risk management skills. I personally prefer Traders Union because they are free, and their content is easy to understand. Once you are confident in ETH's path, maybe the use of leverage could pay off big.

GrixM

>by design. >Go look at ETH's value in BTC terms since the POS implementation. How do the whims of the market say anything about Ethereum's design?

99Beers

No I sent ETH to CB and sold it for USDC

Glum_Aside_8076

Don't put it all into BTC, it'll go up the least out of the ones you have most likely. ETH will likely 3x, DOT and VET even higher, whereas BTC will be very lucky to even 1X.

KaffiKlandestine

bitcoin maxi here, honestly don't care about ETH at all, I only care when the shady shit on eth shows up on the news and disrupts the bull market.

Dsingis

Me after reading this: "Oh ETH gas fees super low? Nice, let me check!" **checks ETH gas fees** Wait, bridging ETH to another chain still costs 11$. That is LOW? Full L1 Danksharding can't come soon enough. Also: What is going on with half of the comments in this thread being deleted because of spam? :'D

CantBelieveIGotThis

Ok, does this mean you still have ETH, or no?

TheFlamingoPower

Leverage is never a good thing because it's never your tokens, you're always in some sort of gamble. Better make a strong portfolio, BTC, ETH, stake for example ASI (Ocean when merged), Inj... And if you want to gamble with only a small part, that's how I would do it if I wanted leverage, but with me everything is spot and stake .

Dsingis

Me after reading this: "Oh ETH gas fees super low? Nice, let me check!" **checks ETH gas fees** Wait, a swap still costs 23$... THAT is LOW? Full L1 Danksharding can't come soon enough.

DingDongWhoDis

Ethereum doesn't work. Why do you people embrace and shill garbage tech while belittling stuff that actually works? Well, we all know the answer to that. The first mover advantage will not last much longer. Enjoy your centralized L2s. Considering ALGO already does more transactions than ETH. The volume will move soon enough.

Oheson

I don't like ETH and I will never use ETH again except via Base. That said, I continue to hold it because "Number Go Up". I think the ETH ETF will be approved on May 26th also. It would make no sense for it not to be approved as it would be "Arbitrary and capricious" as it was when Grayscale won their lawsuit against the SEC in the BTC ETF case. Also, companies have quietly removed the staking language from the ETH ETFs no doubt on the recommendation from the SEC. Probably wise to hold on to ETH at least for this cycle.

CantBelieveIGotThis

To swap what to ETH?

99Beers

It's done boys. All my ETH is gone. Good riddance. Had to eat a $8 fee to swamp it to ETH before spending another $1 to send it to CB.

Itslittlealexhorn

It makes no difference for ETH stakers/validators/miners how high fees are. ETH stakers are paid with new ETH and the fees are burnt. So the only effect of low fees is reduced deflation and maybe even very slight inflation. Basically nothing. This is good for ETH users. If you've been wanting to do something on L1 but it's been too expensive - now is the time.

CorneliusFudgem

Sell everything back into bitcoin. Keep the ETH but the ADA, DOT, and VET are just gonna keep bleeding from ur portfolio if bitcoin slides or trades sideways. Alts are always going to hurt more during times like this.

Chalikta

ADA is a shit coin=>you cannot change my opinion. BTC =40% ETH=20% SOL=20% any meme coin=20% (Duko, Bonk and other meme coin check the marketcap and twitter activity and decide what to buy)

snakesbbq

The result of decreased network activity. Not a good sign, ETH is becoming even more centralized. Switching to POS was a mistake and that cat can not be put back in the bag.

Shaglock

That’s the thing. With Big ETF bros like Black rock holding so much both in coin number and influence, what if they say something like, 21M coins limit is not feasible, miners need to get more rewards, and get the other ETF and Big Co like Saylor’s to switch to the new fork (they have capital to buy the new coins). Then now BTC become BTCC (Bitcoin classic), just like it happened with ETH and ETC, and you and I the small fries are left hold our now halved bags in one hand and our dicks in another

biba8163

> let the alt-coins have a chance to catch up with BTC Alts generally don't catch up. They lure you with pumps and keep losing value to BTC long term - ADA BTC high was 0.00007382 on January 2018. It kept up with BTC, the price would be $4.63 - ETH BTC high was 0.15 on June 2017. If it kept up with BTC , the price would be $9,411 - VET BTC high was 0.00000755 on January 2018. It it kept up with BTC, the price would be $0.47 - DOT BTC high was 0.00095333 on May 2021. It kept up with BTC, the price would be $59.81 > BTC may see a new high this year and it may not - If BTC doesn't hit new highs, your shitcoin does not do shit - If BTC does hit new highs, your shitcoin might not - Whatever BTC does, almost every shitcoin loses value to BTC over a long time horizon ALTs value is completely based on BTC pumping and bringing in new people and money to the crypto market. All the tech, utility and hype is all bullshit.

Amwyashar1012

ETH Blockchain NFT sellers going crazy when this came out 🤣

Still_Lobster_8428

It does make sense, you just not thinking ahead far enough.  Governments WILL enact laws around being an EXCHANGE, pretty sure there has already been cases of this for people who operate P2P as a business. Governments have come after them as they are in breech of laws that already exist. They are also required to keep records for KYC and AML.  All Governments will do to crack down on P2P is make it that no matter the value of the transaction, you are required to document everything for KYC/AML.  Failure to do so will result in your bank accounts being restricted, fines and whatever other BS they can come up with.  The reality of that will mean that the only people you are doing P2P with are people that are cash rich, tgat cash ISNT in the banking system and they need to transfer value from 1 country to another....  P2P works right up until Governments decide to come after it.... then it's just the hard-core users left using it that are willing to take the risk to say fuck you to the government!  The fiat on/off ramps have always and will always be the Achilles heel of crypto! The status quo system of banking will always be part of that Achilles heel!  Fiat for all its shortcomings, IS the last vestige of personal sovereignty! You are able to work and be paid in cash and no one would EVER know! You can buy with cash.... and no one would EVER know! It is the LAST of our personal sovereignty!  Along comes crypto and everyone is begging to move to a fully DIGITAL system (something Governments globally have tried to do, so fiat can be done away with, and people pushed back HARD every time it was raised!) But today, people WANT digital, because everything things digital is going to = BTC or their favourite coin.... but the reality is, Governments are going to introduce CBDC's and mark my words, they will make laws to ENSURE every single trade/transaction touches their CBDC so as to record EVERYTHING! You want to sell BTC and buy ETH.... BTC > CBDC > ETH.... and all of it logged and tracked to your digital ID!  Fiat will be phased out and we will all be 100% tracked and controlled on CBDC's!  The further we get along this path, the more I'm convinced that Satoshi Nakamoto = CIA,  and BTC is the greatest Trojan horse ever created!  Still bullish on BTC though.... shits going to moon on the way to creating dystopia!  Just be aware what's being taken from us in the exchange! 

coinsRus-2021

Yep, Blackrock dumping 250-million usd into ETH via BUIDL is basicallly the nail in the coffin, right?

coinfeeds-bot

tldr; The Monero Moon (Issue 66) covers a range of updates and developments within the Monero community, including the launch of Haveno v1.0.3, a decentralized exchange for Monero, and various improvements and contributions to Monero's development. Highlights include Justin Berman's completion of his Seraphis CCS proposal, updates on Monero and Seraphis development by Jeffro256, the release of the Unnamed Monero Wallet's first progress report, and Selsta's funded CCS proposal for continued Monero development. Additionally, the article mentions the overload of Monero public remote onion nodes due to large transactions, the release of Gupax version 1.3.7, and the availability of Monero mining on Zergpool.com. Cake Labs introduced Cake Wallet v4.16.0 with Ledger hardware wallet support for BTC, ETH, and Polygon, with hopes for Monero support soon. The article also touches on Monero's presence in media, including a short film backed by the Monero community and a Coin Bureau Clip YouTube video featuring Monero. *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

F1bonac618

Zzzz… Ethereum really lethargic atm. The Dencun upgrade lowered Ethereum fees but made ETH inflationary. ETH NFTs have been in the doldrums. ETH restaking narrative fizzled out. Airdrop farming buzz looks over. No ETH memecoin hype. Can’t think of anything worth doing on Ethereum instead of doing it on L2s. No catayst in sight to spur activities on Ethereum besides an ETH ETF approval and the next big wave of normies trying out Ethereum. Or am I missing something?

JBudz

https://jbudz.xyz - my list of ETH resources.

Harucifer

>A Blessing for Users, Yet a Dilemma for **Miners** > >Additionally, the decrease in fees could adversely affect the profitability of **miners** responsible for securing the Ethereum network. What *miners*? Didn't ETH switch to PoS? Miners is the incorrect term, probably better to call them "*Stakers*" to avoid confusion.

CointestMod

#Ethereum Con-Arguments Below is an argument written by Chysce which won 2nd place in the Ethereum Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > **>> Scalability** > > Ethereum's greatest challenge is [scalability](https://education.district0x.io/general-topics/ethereum-scaling/introduction-to-ethereum-scaling/). This issue manifests in two ways - long transaction times and high fees. The large number of transactions on ethereum network can cause congestion resulting in delays and very high gas fees. Ethereum Merge event did not resolve this issue, it only paved the way for future optimizations of gas fees. > > **>> Ethereum is not so decentralized** > > Despite its decentralized nature, Ethereum has become increasingly centralized over time, with a small number of entities controlling a large portion of the network's resources and governance. For regular Ethereum user it is hard to run a node so they have to rely on [external node infrastructure providers](https://www.alchemy.com/overviews/blockchain-node-providers) who can censor whatever they want. > > **>> Vulnerable to attacks** > > Transition to proof of stake made Ethereum more [vulnerable to attacks](https://cointelegraph.com/news/ethereum-merge-makes-network-more-vulnerable-to-attack-security-expert). *"Unlike proof-of work systems, a proof-of-stake (PoS) system informs node validators in advance what blocks they will validate, thus enabling them to plan attacks."* > > **>> Solidity barrier** > > Another issue with Ethereum is its programming language. Developers who are proficient in C, Python or Java cannot easily transition to Ethereum and create dApps. They must instead learn a completely different coding language (Solidity). This slows down the process of onboarding new developers and creating dApps. > > **>> Ethereum could be labeled a security** > > There are early [hints](https://www.theblock.co/post/220297/gensler-suggests-proof-of-stake-tokens-are-securities) that ETH might be labeled a security. If that happens any US citizen would have to hire a licensed broker to buy and sell ETH for them. This would significantly hinder its growth potential. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/100p793/top_coins_ethereum_conarguments_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. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/1cqlrae/daily_crypto_discussion_may_13_2024_gmt0/).

CointestMod

#Ethereum Pro-Arguments Below is an argument written by excalilbug which won 1st place in the Ethereum Pro-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. > Ethereum has been one of the top coins for more than 6 years now. And there are several reasons why it’s so popular: > > ​ > > * **Reliability** > > Launched in 2016, Ethereum has been very reliable. Some networks (e.g. Solana) had more issues in single week than Ethereum in all its history. The only issues I can remember is of course the [famous hack](https://www.coindesk.com/tech/2020/09/17/the-55m-hack-that-almost-brought-ethereum-down/) (it was in the beginning of ETH) that led to the creation of ETH Classic and the network congestion in 2017 caused by… [internet cats](https://consensys.net/blog/news/the-inside-story-of-the-cryptokitties-congestion-crisis/). What else could it be, right? > > Other than that ETH remained very stable and trustworthy. It had no downtimes and new partners were joining the network which led to the next pro of Ethereum: > > ​ > > * **Adoption** > > One of the biggest advantages of Ethereum is its widespread adoption. It had the first mover advantage and it used it pretty well. Today the [Ethereum Enterprise Alliance](https://entethalliance.org/eea-members/) includes dozens of members, among them such big names as JP Morgan, Ernst & Young or Microsoft > > Every regular visitor to r/cryptocurrency is also probably aware that Reddit chose Ethereum for their community points program. Currently Moons run on one of Ethereum layer 2 protocols called Arbitrum Nova > > Also worth mentioning is the fact that the [total value locked on Ethereum network is almost 60% of all chains](https://defillama.com/chains) and almost 6 times more than its biggest competitors, Tron and Binance chains (both “just” 10%) > > ​ > > * **Advantages of PoW -> PoS transition** > > Transition from PoW to PoS of course has some disadvantages (the rich get richer) but it’s hard to deny that there are also some advantages. And probably the biggest one is the energy usage decrease. The [energy used by Ethereum is now almost 100% lower](https://blog.ethereum.org/2021/05/18/country-power-no-more) than when it was a PoW coin > > The other advantage of recent updates is the fact that ETH is now deflationary. After the implementation of EIP-1559 ETH now burns a fraction of the gas fees per transaction (so there are some positive sides to high fees too – more ETH is burned :P). [This year, in less than 3 months, more than 66,000 ETH was burned](https://finbold.com/ethereum-supply-drops-by-66000-eth-in-2023-making-it-deflationary/) > > And it’s not the end. Soon, on 12 April 2023, ETH will have another upgrade called Shanghai-Capella (Shapella). One of its improvements is [EVM Object Format](https://sensoriumxr.com/articles/375). It will separate code from data. It should make the network easier to use and it will reduce gas fees > > ​ > > * **Layer 2 solutions** > > One of the biggest problems of Ethereum are high gas fees. But thanks to a very active community and smart develoeprs this problem is circumvented. Layer 2 protocols have very low fees while utilizing the benefits of Ethereum blockchain. They decrease data traffic by redirecting it offchain > > Those layer 2 solutions are so popular that Arbitrum has 4th largest total value locked in it and Polygon and optimism are 5th and 6th respectively! ([https://defillama.com/chains](https://defillama.com/chains)) ***** 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.

Lapollo

Thanks for the reply! I'll definitely check out Gary Gensler's Blockchain lecture series. sounds like a solid starting point. And Investopedia seems I should've looked into way sooner. the economics side of crypto always seemed a bit like a black box to me. But ur breakdown made it sound approachable. Could you recommend any other specific resources or beginner friendly reads to understand on those supply/demand curves,, contracts, supply and whatnot? I know it'll take me a while to get to where you are but I'm glad you did. hopefully it starts to click for me soon as well. Also, that \~12% APY perpetuity you've got going on sounds impressive how did you come across those projects? And any tips on avoiding the common pitfalls? Appreciate the advice on 'investing right now'. Keeping it simple with BTC and ETH for starters sounds like a solid plan. Thanks again for sharing your insights man!

Lapollo

Yeah, I hear people say just stick with BTC and ETH. I guess my question is I want to know why I should? Understand how they both operate and just crypto in general, not looking for investment advice or how to get rich quick. More just how can I get to a level where I can engage more in this sub. If that makes sense. Your advice is greatly helpful though, I’ve noted all those points down. Thank you!

Lapollo

Even BTC, BNB and ETH?

Lapollo

Would learning not be what reduces the risk of me falling for a rugpull and knowing what is legit and isn’t? To make a separate wallet, is that obtaining a separate hard or cold wallet and putting less coins in there? Say I had 1 ETH. Would I put 0.8 in my true savings account and then 0.2 in my mess around account? Might be a very novice question but let me know!

Lapollo

Appreciate the reply, At the moment I do have a small amount of both BTC and ETH. Is a solana and phantom wallet a hard wallet? Will I get that and get like a ledger or Trezor wallet on top of that? Might be a dumb question but what does it mean to play around and fool around? just send money back and forth? Would I not have to keep paying fees? And just lose money? Not too sure what DEX DeFi or even LP is but I’ll look into all those 3! Any recommendations on crypto twitter accounts, I know the likes of crypto bitlord, coinmamba and blockchain boy, but when they start talking their coin talk I feel very much uneducated, will just have to learn tho! I gotta learn more about this macro environment and how to actually do TA, still very broad and overwhelming as of currently. Yeah I do avoid all the bait talk and dms, I’m new but not dumb thankfully, or at least I hope. Appreciate the reply nonetheless!

Lapollo

Appreciate the reply, At the moment I do have a small amount of both BTC and ETH. Is a solana and phantom wallet a hard wallet? Will I get that and get like a ledger or Trezor wallet on top of that? Might be a dumb question but what does it mean to play around and fool around? just send money back and forth? Would I not have to keep paying fees? And just lose money? Not too sure what DEX DeFi or even LP is but I’ll look into all those 3! Any recommendations on crypto twitter accounts, I know the likes of crypto bitlord, coinmamba and blockchain boy, but when they start talking their coin talk I feel very much uneducated, will just have to learn tho! I gotta learn more about this macro environment and how to actually do TA, still very broad and overwhelming as of currently. Yeah I do avoid all the bait talk and dms, I’m new but not dumb thankfully, or at least I hope. Appreciate the reply nonetheless!

lostparanoia

If you don't want to do the research for individual coins and instead want an index-like portfolio allocation you could allocate your assets to the top 5 or top 10 coins (excluding stablecoins like Tether and USDC) weighted by market cap. Right now that would look something like this for the top 5: BTC = 59,3% ETH = 28,8% BNB = 4,8% SOL = 4,8% XRP = 2,3% I would recommend putting the majority of your assets in the big 2 regardless, and very little into other coins, as the risk is enormous in the smaller coins.

Zaitobu

I've never read such hopium induced nonsense in all my life. Fiat / global banking is and will remain a far more efficient, user friendly, cost effective, robust, stable and secure "basic economic coordination mechanism" than Ethereum. ETH is little more than a gambling platform full of solutions looking for problems. ETF doesn't indicate institutional adoption either - just a willingness for global financial institutions to get in on the gambling action.

aminok

Following up on my comment a couple of days ago: Institutional adoption of Ethereum, exemplified by the potential acceptance of the ETH ETF applications, would of course be a net positive for the world, but I don't think it's actually that significant next to the full potential impact of Ethereum. I would estimate the value added from an acceptance of an ETH ETF application to be on the order of a couple of trillions of dollars—comparable to the creation of a company like Amazon. But I see Ethereum's full potential impact being on the scale of something like the Industrial Revolution. If Ethereum is integrated into society, I believe that the average person will see a massive leap in quality of life, as a consequence of the basic economic coordination mechanism of human civilization undergoing a radical upgrade.

robotwizard_9009

ETH changed to a pos system. It's likely a security now. It can be both. The judge ruled XRP is a security with SEC protections for institutions but not retail(which makes no sense), and yall called that "a win". It's gross. Not sure why retail would want to help institutions bypass securities laws written to protect retail from institutional fuckery.. but here we are. Billions in propaganda will apparently do wonders.

Yok_Mu_Beni_Siken

One thing I love about this cycle is people finally accepted ADA's death. No more talks of Africa this, Ethiopia that, Charles our lord and savior. ETH boys should take note, you're next.