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Etc.
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Etc.
@ec265
ethereum enthusiast, staking savant, 50% insight and 50% shitposting and 50% complex mathematical comedy
Ethereum
Joined June 2010
- Imagine being in crypto to avoid fiat inflation and infinite money printing, only to pick a coin that has issued 80% more coins in the last 4 years and is simply handing money to VC’sSolana Market Cap is now ~2x last cycle’s ATH while the price is still roughly the same as the last ATH ($260)
- So BlackRock and Fidelity are using Ethereum to fight it out over who is going to tokenize more assets onchain, and you’re bearish on $ETH because someone with a lot of followers on Twitter is telling you that historical price action is weak and L2s are extractive? Ok
- So let me get this straight Ethereum is going mainstream and $ETH has just broken a multi year trend, all the while companies have told you they are going to raise billions of dollars to buy millions of ETH…and you are going to hand it over to them for less than $10k? Um, OK
- BlackRock's Head of Digital Assets, Robbie Mitchnick ft. Joe Lubin The ticker is $ETH x.com/Taylorlikeseth…
00:00BlackRock's Head of Digital Assets (@robbiemitchnick) @blockworksDAS regarding $ETH "The negativity around Ethereum is very overdone. There is a lot to be optimistic about." "There was no question that the blockchain we would start our tokenization on would be Ethereum and - $ETH is going to $25k If you don't believe me or don't get it, I don't have time to try to convince you, sorry.
- $ETH is going to $25k and there is nothing you can do about it
- OK, so it’s actually much worse than I thought Coinbase had more ETH in March than they do now So they’ve been actively selling and selling more than just their sequencer fees that they earning Not only are they long BTC, but they are effectively short ETH
Coinbase have almost doubled their BTC position in the last 6 months, whilst ETH holdings have increased less than 20% and most of their ETH is from sequencer fees (neither bought or sold) This is why Brian Armstrong doesn’t like saying ‘Ethereum’, because he still doesn’t get - $ETH is a six figure asset trading at four figures Higher
