InisialR

Ethereum

@iamasoothsayer wtf bro

2023: Corona ended 2026: Hantavirus

Looks like we’re breaking 1% for the first time in a while, after making a deviation below the main range — right in time with the Russell entering price discovery. All of these signals to me that risk-on sentiment is starting to spread this cycle among select winners. Obviously, those will perform the best, but and even assets without strong utility will get pulled higher by momentum As mentioned in my previous post, once 1% is strongly reclaimed, we can see a summer rally taking it to 1.37–1.40 in a relatively short time, or in the best case if the move is more aggressive even 1.9–2.0 Looking for altcoins

altcoin party starts above the grey break the resistance → and it’s go time

CME Group announced that cryptocurrency futures and options will be available for trading 24/7 starting May 29

$BTC My long term view. Pump to 100K+ and then start the dump.

Base is for builders.

Ethereum Price 26th April 2021: $2,328.2 27th April 2026: $2,328.2

Bottom is IN for $ETH Dominance. Alts will go PARABOLIC. Do you understand?

Everyone saw how $BTC led the entire bull cycle and delivered 8x+ from the bottom, while most were positioned into #alts because “altcoins give more gains”… only to lose it all against $BTC. Now this time people will be heavily positioned into $BTC because…. “last cycle was $BTC only’’ Just for the role to reverse and #alts and $ETH to deliver more gains against $BTC. Welcome to the market makers game 🧠

People are bullish on ETH, and I'm bullish on it too.. But, damn, hard to neglect Others.d... Overlaid by PMI. You've seen it here first.

For quality of life, it is better to err on the side of being an optimist and wrong, rather than a pessimist and right

Ethereum itself must pass the walkaway test. Ethereum is meant to be a home for trustless and trust-minimized applications, whether in finance, governance or elsewhere. It must support applications that are more like tools - the hammer that once you buy it's yours - than like services that lose all functionality once the vendor loses interest in maintaining them (or worse, gets hacked or becomes value-extractive). Even when applications do have functionality that depends on a vendor, Ethereum can help reduce those dependencies as much as possible, and protect the user as much as possible in those cases where the dependencies fail. But building such applications is not possible on a base layer which itself depends on ongoing updates from a vendor in order to continue being usable - even if that "vendor" is the all core devs process. Ethereum the blockchain must have the traits that we strive for in Ethereum's applications. Hence, Ethereum itself must pass the walkaway test. This means that Ethereum must get to a place where we _can ossify if we want to_. We do not have to stop making changes to the protocol, but we must get to a place where Ethereum's value proposition does not strictly depend on any features that are not in the protocol already. This includes the following: * Full quantum-resistance. We should resist the trap of saying "let's delay quantum-resistance until the last possible moment in the name of ekeing out more efficiencies for a while longer". Individual users have that right, but the protocol should not. Being able to say "Ethereum's protocol, as it stands today, is cryptographically safe for a hundred years" is something we should strive to get to as soon as possible, and insist on as a point of pride. * An architecture that can expand to sufficient scalability. The protocol needs to have the properties that allow it to expand to many thousands of TPS over time, most notably ZK-EVM validation and data sampling through PeerDAS. Ideally, we get to a point where further scaling is done through "parameter only" changes - and ideally _those_ changes are not BPO-style forks, but rather are made with the same validator voting mechanism we use for the gas limit. * A state architecture that can last decades. This means deciding, and implementing, whatever form of partial statelessness and state expiry will let us feel comfortable letting Ethereum run with thousands of TPS for decades, without breaking sync or hard disk or I/O requirements. It also means future-proofing the tree and storage types to work well with this long-term environment. * An account model that is general-purpose (this is "full account abstraction": move away from enshrined ECDSA for signature validation) * A gas schedule that we are confident is free of DoS vulnerabilities, both for execution and for ZK-proving * A PoS economic model that, with all we have learned over the past half decade of proof of stake in Ethereum and full decade beyond, we are confident can last and remain decentralized for decades, and supports the usefulness of ETH as trustless collateral (eg. in governance-minimized ETH-backed stablecoins) * A block building model that we are confident will resist centralization pressure and guarantee censorship resistance even in unknown future environments Ideally, we do the hard work over the next few years, to get to a point where in the future almost all future innovation can happen through client optimization, and get reflected in the protocol through parameter changes. Every year, we should tick off at least one of these boxes, and ideally multiple. Do the right thing once, based on knowledge of what is truly the right thing (and not compromise halfway fixes), and maximize Ethereum's technological and social robustness for the long term. Ethereum goes hard. This is the gwei.

give someone an airdrop, they'll be rich for a day teach someone to build, create, trade, and onboard and they'll be rich for life

Unpopular opinion, but it's better to sell when there is maximum greed, and buy when there is maximum fear. 🤷‍♂️

Will delete if wrong.

$ETH will catch up with the M2 supply in Q4. The fair value of Ethereum is $8,000-$10,000 by Q1 2026. With institutional bidding and staking approval, I think ETH will rally hard.

The Final Purge

This was posted in 2023