Ethereum’s Depressing Decline

    Ethereum pessimism is high, but why?
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    24 Comments

    1. Ethereum is great for long term investing. It doesn't benefit the traders anymore, it has taken the form of an infrastructure base for Partial-Decentralized Neo-Blockchains (cos it is not Truly Decentralized). Corporations like Blackrock love such Blockchains because they can control it, that is why Corporations love Ethereum

    2. I have ETH, but it will continue down until last week of September this year. Then, it will chop up and down until January/February next year, when it will really get the rear winds to go high places.

    3. Yall just talk shit about ETH cuz it’s “the cool thing to do” 🥱

      Solana is supposed to out perform ETH. Just like how ETH will out perform BTC

    4. eth is silver, bitcoin is gold. silver will never be in the same universe as gold in value because the big players always buys the more valuable asset.

    5. Lark!…. Just think of the name
      Bit… is a bit of information
      Eth… is the fluid of information
      Sol…is the one who must know information
      But are they who they say they are….?

    6. Icp dyor is the next thing web 3 on chain +Ai is bigger than Eth sol and outperform most of top 50 altcoin.
      ICP 2024-2026 40 $ – 250 $
      2030 – 1000 $

    7. Isn’t it expected that L2 would take traffic away from ethereum, if they were successful? That’s how you scale, similar to cosmos’ app chains (actually even better in that eth L2s still use $eth as gas).

      Still don’t see flaw in the theory that lower txn cost brings more usage and ethereum mainnet accrues value on volume, similar to how consumer goods make up on volume even as they lower prices to capture markets. Just give it more time for next wave of usage (like RWA tokenization).

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