

SalvΞthius
1.3K posts













“ETH isn’t pumping because the Ethereum Foundation keeps dumping.” Classic complaint. So I actually checked the data. I plotted major EF sales and transfers on the ETH weekly chart. Conclusion? They aren't secret market wizards. Yes, they caught a few insane tops. But they also dumped 100k+ ETH right before ETH went on a ~5x mega rally. The "EF always sells the top" narrative is just selective memory at its finest.













Vitalik Buterin wrote the Ethereum whitepaper at 19 years old. Let that sink in. While most of us were figuring out college or chasing clout, this kid was designing a world computer that would go on to secure hundreds of billions in value. And what did he get in return? 2014-2016: "Ethereum is a scam." "It'll never work." "Bitcoin is the only real crypto." 2016: The DAO hack. $60M stolen. The entire project nearly died. Media declared Ethereum dead. He had to make impossible decisions that split the community. 2017-2018: ICO boom turned bust. Everyone blamed Ethereum. "ETH is going to zero." Projects that built garbage on his platform made him the scapegoat. 2019-2020: The "ETH killer" era. Every new L1 was supposed to replace Ethereum. Solana. Cardano. EOS. The narrative was relentless: "ETH can't scale. ETH is too slow. ETH is finished." 2021: Gas fees through the roof. "Ethereum is unusable." "Only for the rich." More FUD. More hate. 2022: The Merge. Years of work. Everyone said it would fail. "ETH will crash." "The chain will break." "It's too risky." It didn't fail. It was one of the most successful upgrades in crypto history. Flawless. 2023-2026: Now it's "EF is incompetent." "Ethereum has no roadmap." "Leadership is failing." Same energy, different year. Through all of this - every single cycle - Vitalik is still here. No rage tweets. No clapping back at critics. No "I told you so" victory laps. Just building. Researching. Writing. Thinking about the next 10 years while everyone else argues about the next 10 days. This man donated hundreds of millions to charity. Gave away his SHIB airdrop to India COVID relief. Lives modestly while he could be living like a king. He's been mass unfollowed. Called a scammer. Mocked for how he dresses, how he talks, how he thinks. CT loves to clown him when ETH is down and pretend they always believed when ETH is up. Most people on this app can't handle a ratio. Vitalik handled a decade of the entire crypto industry telling him his life's work was worthless - and kept building anyway. That's not stubbornness. That's conviction. The kind you can't fake. The kind you can't buy. The kind that builds things that actually last. You don't have to mass $ETH. You don't have to mass anything. But you should respect the man who mass something real while the world told him he was wrong. Decade of FUD. Still here. Still building. Respect the builder. Respect the vision. Respect the man. 🫡

Ethereum is losing the race among L1s.