Bitcoins - about to hit $5,000 per coin today!

[gib]

Just being faster or running on more powerful hardware doesn’t automatically make a blockchain “better.” Ethereum’s main mission is to be decentralized, permissionless, and neutral — not to chase raw throughput. That’s why Ethereum is designed so validators can run on modest hardware, letting as many people as possible participate in securing the network.

Yes, 32 ETH isn’t pocket change, but compared to corporate giants like Google or major staking services, an individual validator is still “the little guy.”

If Ethereum’s only goal was speed, it could just scale like Solana — which requires enterprise-level servers and a 10G internet connection — but then it would lose decentralization.

BTC Maxis should understand this trade-off well. The block size war that led to the Bitcoin Cash fork was fought over the exact same principle: decentralization over raw speed. Google could build the fastest “blockchain” on Earth — but it would just be a centralized database, subject to censorship and control.

100% Agree. (Just like Eth having "smart contract" capabilities doesn't make it a better store of value than BTC by the way. But, we will, always see "faster, more efficient, better" claims being made from Eth competitors. (Most have given up on the "better for store of value" claims that they tried against BTC. So, that battle has been lost (even by Eth, who shamelessly tried). Will eth succeed as the blockchain for finance? It possible, for some typs of transactions, but I belive we will see many competitors to yet emerge. Its really a constant race to the bottom, in terms of efficiency and cost.

[gib]

One more article on the trickery of staking. This one on an "pro Eth" research website itself.

https://ethresear.ch/t/endgame-staking-economics-a-case-for-targeting/18751

Back at 125...

[Flexacon]

And if markets go parabolic next month or in November, would you still call it a sell-the-news event?

I see it differently — lower interest rates take time to work their magic on risk assets.

0.25 was priced in weeks ago. After the decision you either take some profit and money off the table (I did) or continue holding your long term holds (which I'm also doing) It isn't a time to enter new positions as there is likely a flush soon (for Alts)

If it was a surprise 0.5 rate cut then it would potentially have been a different story.

Q4 was always gonna be bullish crypto. If you're only figuring that out now then you're late to the party

This is just a test pump. Real fireworks are in Q4

[obsidian]

One more article on the trickery of staking. This one on an "pro Eth" research website itself.

https://ethresear.ch/t/endgame-staking-economics-a-case-for-targeting/18751

Back at 125...

Interesting link! Some say ETH is already over-secured, but check this out: staking yields are around 2–3%, and yet ETH inflation is only 0.76% — lower than BTC’s 0.83%. That means ETH burns enough to cancel out about 70% of new supply. And as Ethereum sees more transactions, the burn could scale even higher.

ETH could become deflationary again.

[obsidian]

0.25 was priced in weeks ago. After the decision you either take some profit and money off the table (I did) or continue holding your long term holds (which I'm also doing) It isn't a time to enter new positions as there is likely a flush soon (for Alts)

If it was a surprise 0.5 rate cut then it would potentially have been a different story.

Q4 was always gonna be bullish crypto. If you're only figuring that out now then you're late to the party

I can’t be late to the party because I never sell — lol! I’m always in it, riding the roller coaster up and down — haha.

I did sell some BNB near its ATH recently, but I still think it’s going higher.

I’ve always been bullish on crypto. When have I ever been bearish? It’s you and Mayday who swing all over the place. Most traders end up losing to the casino. It’s better to DCA and HODL — even down to almost zero if necessary. My crypto portfolio is at an all-time high since I started in 2017. It’s gone up and down countless times, but it’s never been this high — even though most alts are still far below their 2021 ATH. Sure, it could drop again — that’s the nature of this beast.

It’s not impossible for Doge to rally to $1–$2+ and beyond, XRP to $10, SOL to $1,000+, ETH to $20–30K, ADA to $5, BNB to $2–3K, and BTC to $200–250K if this bull run has legs. I could be wrong - hell, I've been wrong so many times. I am an optimist when it comes to crypto. Fiat sucks IMO.

[Flexacon]

I can’t be late to the party because I never sell—lol! I’m always in it, riding the roller coaster up and down — haha.

I did sell some BNB near its ATH recently, but I still think it’s going higher.

I’ve always been bullish on crypto. When have I ever been bearish? It’s you and Mayday who swing all over the place. Most traders end up losing to the casino. It’s better to DCA and HODL — even down to almost zero if necessary. My crypto portfolio is at an all-time high since I started in 2017. It’s gone up and down countless times, but it’s never been this high — even though most alts are still far below their 2021 ATH. Sure, it could drop again — that’s the nature of this beast.

It’s not impossible for Doge to rally to $1–$2+ and beyond, XRP to $10, SOL to $1,000+, ETH to $20–30K, ADA to $5, BNB to $2–3K, and BTC to $200–250K if this bull run has legs. I could be wrong - hell, I've been wrong so many times. I am an optimist when it comes to crypto. Fiat sucks IMO.

I think you're mistaken there. Mayday has been all over the place, but I've been more bullish about this cycle than anyone. Your confusion is probably because I was bearish ETH PA, but I was 100% right there. Not as bearish as gib though as I said it would still reach new highs and outperform in late 2025.

When even BTC maxis didn't want to believe the ETF would be approved I was bullish it would.

When the SEC had their foot on the neck of ALTS I was bullish ALTS. When everyone said ETH wouldn't get a spot ETF I was bullish it would

I've finessed this cycle ridiculously well. You've bag held one of the worst performer in ETH and really had no choice to be bullish. I actually spent a good amount of time back 2023/24 trying to explain to that ETH L2s and defi protocols were being farmed by ETH foundation members and that they didn't care about the price of ETH, but you wouldn't listen.

Your crypto portfolio only being at an ATH this late in the cycle is something I'd consider a huge failure. You biggest holding was the worst performer by far of the top 5 tokens this cycle. I mean you got outperformed by XRP holders 

At least you're not that guy who went all in pulsechain and claimed it would kill ETH

[obsidian]

I think you're mistaken there. Mayday has been all over the place, but I've been more bullish about this cycle than anyone. Your confusion is probably because I was bearish ETH PA, but I was 100% right there. Not as bearish as gib though as I said it would still reach new highs and outperform in late 2025.

When even BTC maxis didn't want to believe the ETF would be approved I was bullish it would.

When the SEC had their foot on the neck of ALTS I was bullish ALTS. When everyone said ETH wouldn't get a spot ETF I was bullish it would

I've finessed this cycle ridiculously well. You've bag held one of the worst performer in ETH and really had no choice to be bullish. I actually spent a good amount of time back 2023/24 trying to explain to that ETH L2s and defi protocols were being farmed by ETH foundation members and that they didn't care about the price of ETH, but you wouldn't listen.

Your crypto portfolio only being at an ATH this late in the cycle is something I'd consider a huge failure. You biggest holding was the worst performer by far of the top 5 tokens this cycle. I mean you got outperformed by XRP holders 

At least you're not that guy who went all in pulsechain and claimed it would kill ETH

You still don’t get it. ETH’s “horrible” performance doesn’t matter in my scenario because I held straight through it. Losses only exist if you sell — and I don’t.

ETH is up 3.2× since April — that’s more than 221% in just 5 months. Sure, in a perfect world, I could’ve sold all my ETH in March 2024 at $4,000 and bought back in April 2025 at $1,400. But that’s hindsight, and I’m not a trader.

For me, DCA and HODL is the best strategy.

It's all relative. ETH is up more than XRP the past 5 years.

BTC: 1,212.38%
ETH: 1,878.80%
XRP: 1,165.17%
BNB: 5,052.11%
DOGE: 11,350.58%

Doge and BNB have outperformed BTC by 5–10× over the past five years.

But snapshots can be misleading. XRP recently “outperformed” because its price was buried in the gutter for years — it just repriced. The same thing is happening with ETH. It hit the gutter in April and is already starting to recover.

ETH’s supply is only 6× BTC’s, and it has a lot of advantages over Bitcoin. The current ETH:BTC ratio is a joke, and I expect it to recover much higher.

ETH staking yields 2–3%, while token inflation is only 0.75% — lower than BTC’s current inflation and far below SOL’s 6–7%. And if transaction volume scales across L1 and L2s, it might even go inflationary again.

Ethereum isn’t perfect, but honestly — show me a blockchain that is.

[Flexacon]

You still don’t get it. ETH’s “horrible” performance doesn’t matter in my scenario because I held straight through it. Losses only exist if you sell — and I don’t.
......
Ethereum isn’t perfect, but honestly — show me a blockchain that is.

And you still don't get that you got bag holder mentality.

[Griffith]

U.S. Treasury Secretary Scott Bessent says the stablecoin market will exceed $2 TRILLION in the next few years

https://www.theblock.co/post/357872/us-stablecoin-market-could-exceed-2-trillion-projection-by-end-of-2028-thinks-treasury-secretary-bessent

ETH stablecoins are now at almost $180 billion out of a total market cap of $251 billion.

65.4% of stablecoins are on Ethereum.

More than 80% of stablecoin activity occurs on Ethereum and Binance Smart Chain networks.

Stablecoins account for 40% of total crypto exchange trading volume.

DeFi and Trading dominate stablecoin activity, making up 67% of total usage.

Merchant payments account for 5%, reflecting gradual adoption in retail and commerce.


https://coinlaw.io/stablecoin-statistics/