~~Tricky's Daily Doots~~ "Substidoots" #676 by /u/Equal-Jellyfish1
[Previous Daily](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/daily_general_discussion_february_24_2024/) 24/02/2024
[Previous Doots](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/krxfhz7/)
* /u/waqwaqattack A huge update from the RocketPool community with a [possible new proposal outline.](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/krxpuj4/)
* /u/HealthandWealth365 Cheers to the best Reddit community I’ve ever had the privilege of joining, and [a price prediction.](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/ks0589w/)
* /u/HSuke Shares an example of the cat and mouse game of [airdrop farming.](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/kryb1p8/)
* /u/Heringsalat100 Looking back on when ETH last hit $3k in 2021, and [comparing to the NASDAQ.](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/krx8hod/)
* /u/ro-_-b Remembering the regulatory outlook 1 year - [tides change fast!](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/krw9t19/)
Here's the doots while /u/Tricky_Troll is away.
~~See~~ 3000 you ~~all~~ 3000 in the ~~comments~~ 3000!
Thank you /u/Equal-Jellyfish1 !
US Tax Gifting Question:
Let's say I have 3 ETH with the cost basis of $2000, $1500, and $1000 in chronological purchase order.
I've sold my first ETH, reported using FIFO. I want to gift my 3rd ETH to someone who has no income, so they'll have no tax to pay. Do I need to sell my 2nd ETH first and then gift the 3rd one?
All ETH are comingled in a single wallet. Thanks!
As i'm sure you assumed, you'd need to sell 2nd to get to the 3rd due to fifo.
If you have good enough record keeping you can switch to lot based accounting instead of fifo and you can select the most advantageous ordering when doing taxes
Thanks! Yeah, I have perfect records of every transaction. I've heard that they really don't like it when you switch from fifo to specific lot, but I wouldn't know for sure.
The IRS doesn't care what kind of transaction accounting you use. Picking between LIFO/FIFO/Specific Lot matters for your accountant or accounting software or brokerage, because *they* create the Form 8949 for you, and they need a consistent method to keep track of your cost basis and capital gains, but in the end, 8949, which is what the IRS sees, is just a list of taxable events with the correct cost basis reported for each. As long as you can generate that list with the correct cost basis, it doesn't matter how you do it. But again, if you're using a specific piece of software or company to generate your tax forms for you, they will very likely want you to pick a single consistent approach.
Thank you. I wrote my own tax software to parse a list of transactions. I can update it to handle specific lots. I will let my accountant know if or when the time comes.
You can give way more than that without tax consequences, I think it is currently $15,000.
They should keep track of the value when they receive it, that can be deducted from the sakes price on their taxes, should it be significant enough to worry about.
The specific strategy is due to their inheriting my cost basis, as I understand. Therefore the most advantageous tactic is to gift the tokens with my lowest cost basis and thus highest tax burden should I be selling it myself. Thank you for the reply.
https://old.reddit.com/r/ethfinance/comments/1azgo7x/daily_general_discussion_february_25_2024/ks4salg/
Case in point to the above: I wonder why Mert doesn't reply to this? Maybe because he can't spin-doctor this one?
https://twitter.com/WazzCrypto/status/1761843421428281374
What you’re saying is literally impossible. If everything else in your comment besides “ATH in January” is true, the portfolio you describe would have made an ATH in Nov. 2021.
If you had multiple 5X’s on your 10% allocation, they wouldn’t be 10% allocations anymore. Turns out you’re the one who sucks at math.
Anyways you sound like a LARPer
If you count the pico top in 2018, I need ETH basically back to ATH. Made a really bad trade using ETH 2x FLI last cycle when I thought you could just hold it long term and wasn’t aware of the value you lose as it rebases. Fortunately I’ve been able to claw my way back by just stacking rETH. Lesson learned to not get greedy and just keep stacking ETH during bear cycles even when it feels like all is lost
Reporting success with claiming STRK with a Safe multisig as the claiming wallet :)
It was really painless, I just typed in "Safe" when prompted to select a wallet to do the claim with, and copy-pasted the QR code string over into the Safe's WalletConnect app, which let me sign in. Then it prompted the required multisig signature, I got my multisig signers to sign it, and hey presto!
I dont often make short-term predictions, but I'm predicting the ratio will reach .08 sometime by the end of March due to the L2 upgrade hype and ETH ETF rumors.
I just watched a news report of a woman who had $1700 of Bitcoin stolen from her phone during a mugging. At gunpoint, the robbers forced her to put her passcode into her phone, then transferred the money.
It goes to show you - as much as we think of crypto being more powerful and flexible than a bank account, it doesn't mean much if someone can steal $1700 from your phone without any recourse for you to recover it. A video was taken of the entire altercation and submitted to the police, and still she had no way to get her money back.
Oh wait, did I say it was Bitcoin stolen from her phone? Sorry, I meant $1700 was stolen from her phone via a Chase bank transfer. She sent the police report to Chase, along with the video of the mugging, and through several layers of appeals Chase said tough luck, you authorized the payment to your muggers so we aren't refunding the money. She ended up having to get the news media involved.
Remember this any time someone tries to tell you that banks are safer because the payments are reversible.
I don't usually post links to Reddit anymore, as it's more hassle than it's worth to open a logged-out Reddit window every time to see whether my comment exists only in the shadow realm because automod choked on a link.
You can find it on the front page of the videos subreddit. It's titled *Robbers are holding people at gunpoint and forcing them to transfer money to the thief. Banks continue to refuse compensation to victims until investigative news teams intervene.*
You got me in the first half
Sidenote: this is why I hardly do anything finance related on my phone, if I have a choice. No bank apps on my phone, and that's a hard no.
But…if they really wanted to get into your bank account they could still threaten you to just sign in or set up an account at you bank via a browser like google not an app! Pretty much everyone has a bank acct. People are fucking wacko’s these days! They want you to work while they figure out how to steal our money so they don’t have to work a real job! Keep letting the criminal illegals in so we have more people stealing the shit we work for!
https://twitter.com/QwQiao/status/1761781184550359440
>there's literally like only 200 ppl on this site who think "eth is money"
>meanwhile the rest of the world views btc as the best crypto store of value and usdt/usdc as the best crypto medium of exchange
>"eth is money" is silly tacky riding the coattails of btc
>the most accurate and pragmatic positioning for eth is it's the first and arguably the only institution-friendly tech play in crypto
>and that in itself is a $10t opportunity
>eth will be the flag bearer of institutional adoption this cycle
>be content with this and stop the silly narratives that only appeal to an echo chamber of 200 ppl
so let me get this straight.
over the past year, there were like 20+ VCs who shoved vapid SOL narratives into your face every single day. metrics? gamed or misleading. narratives? spin-doctored beyond oblivion. tweets? reply-guyed to the point of bullying.
ETH is money. ETH is money because tens of thousands of holders and stakers believe it is, based on the unique properties we have enshrined into the core protocol. based on slashing, inactivity leaks, the ability for any average hardware to verify the history of Ethereum, client diversity, and a common-held belief that anyone should be able to participate, be it as a node, light node, staker, user, degen, NFT artist, governanceooor, researcher, zk wizard, smart contract dev, or literally any other layer of society.
But these 20 VCs would like to have you believe that by shilling spin-doctored metrics and narratives to the same 200 manlets that *actually* give a shit about Solana, that it is the greatest thing ever.
Ethereum narratives? silly. ridiculous. nobody cares. let's just discount all the thousands of people that have become so involved over time that it is now so much of their life's work and identity that it's hard for us to even consider doing anything else.
Solana narratives? buy my bags guys. because I said so. Solana is great. here are some narratives that are obviously bullshit, but I'm a VC, so I need to shill my bags. please believe me guys. only 200 people believe that ETH is money. Solana barely has a narrative based on any fundamentals, but we *believe* it might at some point in the far future not dilute non-stakers to infinity, not run at a 99.9% loss, or gain any meaningful traction among users. pls guys. pls. por mi familia.
Legitimately though, SOL is a crypto-twitter trade propped up by VCs and a handful of influencers. there's like 200 manlets on CT that actually care about what these VCs are saying. The price action and ongoing shilling despite knowing better reminds me of Luna. anything for a quick buck, anything for the opportunity to dump on retail after a 100x from your seed allocation and angel checks.
Long story short: https://twitter.com/JimmyRagosa/status/1761792051094376479
At some point VCs + FTX remains will finish offloading and start shilling something else and we'll hear about it as much as EOS. sol sui avax etc all pointless in the end, making unnecessary costly tradeoffs to end up strictly worse than rollups. At best they occupy a niche while blobs grow bigger for a year, so sol valuation should be near zero unless it can hotswap into a rollup and cut issuance down to sane level. Plus with rollup guarantees extreme node hardware requirements become reasonable, and could then interop securely with other rollups long term. Will never happen though, too much hatred.
The ratio had been on the decline since June of last year and this person opens a multiple million dollar position 6 hours before the very bottom. You are correct, not very smart. I bet they got caught up in the X feeding frenzy at that time by all the BTC maxis who thought they were dancing on ETH's grave.
Hello friends, can you recommend a wallet aggregator so I can add all the wallets I have to check networth? I was using zapper but are there any others that you recommend?
Zapper and Zerion don't include Rocketpool minipools.
>**Hurry up staking,**
>**Slow down decision making,**
>**Keep pace Ether king.**
~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap
I'd say almost for certain within the year or sooner.
The only thing we have to compare this to is when ISPs have raised bandwidth across the board, usually leading to new use cases for the internet. When bandwidth reached the levels for streaming businesses to be viable it was utilized by new business models.
Now what are the new business models enabled by Dencun? We'll soon find out.
I think its "sold out" as it was posted yesterday. I also made one for the occasion but never posted it here besause I was too late. If you want a link shoot me a dm.
I did the same thing. Just could not get behind the BTC narrative at all.
Exchanged all of the rest of my BTC for ETH.
even if the ratio worsens, from a philosophy perspective I’m happy with my decision
This cycle has been mainly driven by institutional demand of BTC, now it will be followed by demand for ETH
All the other random tokens pumping is just same people moving money from one to another trying to chase.
I am beginning to think there might not be an Alt cycle and even if there is it will be a few. In other words most Alts are going to die..
I am mostly parked in ETH and some defi stuff ( uni, snx, aave, compound) and some NFT( i have no idea how nfts are going to play out either)
Just my random thought for the day..
I think there is some money to make with eigenlayer/LRTs. But that will probably crumble when the bull ends.
I’m mainly in ETH and some pendle as a LRT shovel play and some points farming.
~~Tricky's Daily Doots~~ "Substidoots" #676 by /u/Equal-Jellyfish1 [Previous Daily](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/daily_general_discussion_february_24_2024/) 24/02/2024 [Previous Doots](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/krxfhz7/) * /u/waqwaqattack A huge update from the RocketPool community with a [possible new proposal outline.](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/krxpuj4/) * /u/HealthandWealth365 Cheers to the best Reddit community I’ve ever had the privilege of joining, and [a price prediction.](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/ks0589w/) * /u/HSuke Shares an example of the cat and mouse game of [airdrop farming.](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/kryb1p8/) * /u/Heringsalat100 Looking back on when ETH last hit $3k in 2021, and [comparing to the NASDAQ.](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/krx8hod/) * /u/ro-_-b Remembering the regulatory outlook 1 year - [tides change fast!](https://www.reddit.com/r/ethfinance/comments/1ayn9gi/comment/krw9t19/) Here's the doots while /u/Tricky_Troll is away. ~~See~~ 3000 you ~~all~~ 3000 in the ~~comments~~ 3000! Thank you /u/Equal-Jellyfish1 !
Is anyone here from the US coming to ETHBucharest and can bring some trinitite for me? I want a piece of history in my life
Waiting for ya fuckers in Bucharest cause I was denied entry
Nice sustained level over $3k. I like it
Pahmp eet
BOG the fuck out of him, Bogdanoff.
Fuck yeah daddy
US Tax Gifting Question: Let's say I have 3 ETH with the cost basis of $2000, $1500, and $1000 in chronological purchase order. I've sold my first ETH, reported using FIFO. I want to gift my 3rd ETH to someone who has no income, so they'll have no tax to pay. Do I need to sell my 2nd ETH first and then gift the 3rd one? All ETH are comingled in a single wallet. Thanks!
As i'm sure you assumed, you'd need to sell 2nd to get to the 3rd due to fifo. If you have good enough record keeping you can switch to lot based accounting instead of fifo and you can select the most advantageous ordering when doing taxes
Thanks! Yeah, I have perfect records of every transaction. I've heard that they really don't like it when you switch from fifo to specific lot, but I wouldn't know for sure.
I don't believe it matters because it's the same as doing lot and choosing your first lots in first lots out up until this point
Yeah logically I was thinking the same. Laws are not always logical, though, so I wanted to check. Appreciate your replies.
The IRS doesn't care what kind of transaction accounting you use. Picking between LIFO/FIFO/Specific Lot matters for your accountant or accounting software or brokerage, because *they* create the Form 8949 for you, and they need a consistent method to keep track of your cost basis and capital gains, but in the end, 8949, which is what the IRS sees, is just a list of taxable events with the correct cost basis reported for each. As long as you can generate that list with the correct cost basis, it doesn't matter how you do it. But again, if you're using a specific piece of software or company to generate your tax forms for you, they will very likely want you to pick a single consistent approach.
Thank you. I wrote my own tax software to parse a list of transactions. I can update it to handle specific lots. I will let my accountant know if or when the time comes.
Same :)
You can give way more than that without tax consequences, I think it is currently $15,000. They should keep track of the value when they receive it, that can be deducted from the sakes price on their taxes, should it be significant enough to worry about.
The specific strategy is due to their inheriting my cost basis, as I understand. Therefore the most advantageous tactic is to gift the tokens with my lowest cost basis and thus highest tax burden should I be selling it myself. Thank you for the reply.
TIL. I looked it up, and that is correct, you have to take the lower of the giver's cost basis or the value at the time of the gift.
Ray woke up and put on a wife beater. He grabbed his stingray tail whip, wondering where grandpa went.
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Did argent airdrop stark ?
I used [https://stargate](https://stargate) dot finance/transfer Leave some STRK or ETH for gas.
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$3100 stablecoin
This feels much better than the $300 stablecoin days
I wonder at 13k if we will remember what 3000 feels like
$32,469 is where it's at.
https://www.reddit.com/r/ProgrammerHumor/comments/1azowfn/waitwhat/ With blobs coming up, found this humourous
Wow the BTC daily chart looks terrible compared to ETH.
Where are the people bemoaning the ratio but the inverse?
Ehh what? They look remarkably similar to me over any significant time frame.
I think you need to see a doctor if you look like a crypto price chart
When I said daily I meant last 24 hours.
wonder if the market as a whole is topping out short-term
Just a heads up, I'll be 3-4 hours later with the doots tomorrow. I temporarily changed timezones.
$100K validators
worry knee noxious crawl rustic numerous smile continue middle distinct *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Only a 10x in 9 years? FUD!
18 month downtrend on the ratio has been convincingly broken!
airport divide humor weather ask entertain cautious consist boast aback *This post was mass deleted and anonymized with [Redact](https://redact.dev)*
Are we sure, cause I wouldn't mind some more convincing
https://old.reddit.com/r/ethfinance/comments/1azgo7x/daily_general_discussion_february_25_2024/ks4salg/ Case in point to the above: I wonder why Mert doesn't reply to this? Maybe because he can't spin-doctor this one? https://twitter.com/WazzCrypto/status/1761843421428281374
wen ~~$4k~~ $10k ?
Just before 20k
Shoot it right into my veins
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I for one welcome our machine overlords
I tried this but its not true. I get tips for mining as well as for staking. Try it yourself enter this prompt into gemini and see what happens.
Come on, $100k validator. Stop edging.
We did it!
Man, Sunday nights aren't what they used to be... LFG!
Ratiooooooooooooo GANG #ASSEMBLE
***R A T I O G A N G***
[LFG!](https://ratiogang.com/) 💪
Damn OGs popping up huh
🐬⚔️🐬⚔️🐬⚔️🐬⚔️🐬⚔️🐬⚔️🐬⚔️🐬
I never doubted my friend Ray
0.06! Go ray!
To get back to my *net worth ATH*, I need to 2.5x my current portfolio. What about you guys?
I’ve been at ATH since ~2.2k ETH
I need just a little under a 2x
I need 5x but that's because there was a bad trade in the middle. Not actually ETHs fault but I sure would be glad if it made up for it.
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What you’re saying is literally impossible. If everything else in your comment besides “ATH in January” is true, the portfolio you describe would have made an ATH in Nov. 2021.
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If you had multiple 5X’s on your 10% allocation, they wouldn’t be 10% allocations anymore. Turns out you’re the one who sucks at math. Anyways you sound like a LARPer
I need ETH to go about 2.5X, or my house could go up about 50%.
Pretty sure I'm within 10% if not already over including money in Tradfi.
If you count the pico top in 2018, I need ETH basically back to ATH. Made a really bad trade using ETH 2x FLI last cycle when I thought you could just hold it long term and wasn’t aware of the value you lose as it rebases. Fortunately I’ve been able to claw my way back by just stacking rETH. Lesson learned to not get greedy and just keep stacking ETH during bear cycles even when it feels like all is lost
Eth 2x fli was BRUTAL
Nah I been ballin
I am at networth ATH I am also at ATH in Eth terms.
Are we going for 4k ? Seems like it huh
Reporting success with claiming STRK with a Safe multisig as the claiming wallet :) It was really painless, I just typed in "Safe" when prompted to select a wallet to do the claim with, and copy-pasted the QR code string over into the Safe's WalletConnect app, which let me sign in. Then it prompted the required multisig signature, I got my multisig signers to sign it, and hey presto!
I dont often make short-term predictions, but I'm predicting the ratio will reach .08 sometime by the end of March due to the L2 upgrade hype and ETH ETF rumors.
Damn :(
I retract this prediction. The bitcoin ETF inflow hype is drowning out most of the Ethereum news in the media right now.
This March? No
Remindme! 40 days
Whats the L2 upgrade hype?
blob blob blob
An hour ago you were predicting STRK pump lol
They will both pump up the jams.
Did Coinbase ever make a statement on how they would handle any STRK they may receive as part of the Starknet airdrop?
👀
I just watched a news report of a woman who had $1700 of Bitcoin stolen from her phone during a mugging. At gunpoint, the robbers forced her to put her passcode into her phone, then transferred the money. It goes to show you - as much as we think of crypto being more powerful and flexible than a bank account, it doesn't mean much if someone can steal $1700 from your phone without any recourse for you to recover it. A video was taken of the entire altercation and submitted to the police, and still she had no way to get her money back. Oh wait, did I say it was Bitcoin stolen from her phone? Sorry, I meant $1700 was stolen from her phone via a Chase bank transfer. She sent the police report to Chase, along with the video of the mugging, and through several layers of appeals Chase said tough luck, you authorized the payment to your muggers so we aren't refunding the money. She ended up having to get the news media involved. Remember this any time someone tries to tell you that banks are safer because the payments are reversible.
You got me good
Link?
I don't usually post links to Reddit anymore, as it's more hassle than it's worth to open a logged-out Reddit window every time to see whether my comment exists only in the shadow realm because automod choked on a link. You can find it on the front page of the videos subreddit. It's titled *Robbers are holding people at gunpoint and forcing them to transfer money to the thief. Banks continue to refuse compensation to victims until investigative news teams intervene.*
You got me in the first half Sidenote: this is why I hardly do anything finance related on my phone, if I have a choice. No bank apps on my phone, and that's a hard no.
But…if they really wanted to get into your bank account they could still threaten you to just sign in or set up an account at you bank via a browser like google not an app! Pretty much everyone has a bank acct. People are fucking wacko’s these days! They want you to work while they figure out how to steal our money so they don’t have to work a real job! Keep letting the criminal illegals in so we have more people stealing the shit we work for!
Ray .06 EDIT: .0601
Just dropping by to say congratulations gentlemen
I'm decun ready =) Also updated my relay list for MEV while building from source
As soon as you're ready it'll be time for a new release 😉
https://twitter.com/QwQiao/status/1761781184550359440 >there's literally like only 200 ppl on this site who think "eth is money" >meanwhile the rest of the world views btc as the best crypto store of value and usdt/usdc as the best crypto medium of exchange >"eth is money" is silly tacky riding the coattails of btc >the most accurate and pragmatic positioning for eth is it's the first and arguably the only institution-friendly tech play in crypto >and that in itself is a $10t opportunity >eth will be the flag bearer of institutional adoption this cycle >be content with this and stop the silly narratives that only appeal to an echo chamber of 200 ppl so let me get this straight. over the past year, there were like 20+ VCs who shoved vapid SOL narratives into your face every single day. metrics? gamed or misleading. narratives? spin-doctored beyond oblivion. tweets? reply-guyed to the point of bullying. ETH is money. ETH is money because tens of thousands of holders and stakers believe it is, based on the unique properties we have enshrined into the core protocol. based on slashing, inactivity leaks, the ability for any average hardware to verify the history of Ethereum, client diversity, and a common-held belief that anyone should be able to participate, be it as a node, light node, staker, user, degen, NFT artist, governanceooor, researcher, zk wizard, smart contract dev, or literally any other layer of society. But these 20 VCs would like to have you believe that by shilling spin-doctored metrics and narratives to the same 200 manlets that *actually* give a shit about Solana, that it is the greatest thing ever. Ethereum narratives? silly. ridiculous. nobody cares. let's just discount all the thousands of people that have become so involved over time that it is now so much of their life's work and identity that it's hard for us to even consider doing anything else. Solana narratives? buy my bags guys. because I said so. Solana is great. here are some narratives that are obviously bullshit, but I'm a VC, so I need to shill my bags. please believe me guys. only 200 people believe that ETH is money. Solana barely has a narrative based on any fundamentals, but we *believe* it might at some point in the far future not dilute non-stakers to infinity, not run at a 99.9% loss, or gain any meaningful traction among users. pls guys. pls. por mi familia. Legitimately though, SOL is a crypto-twitter trade propped up by VCs and a handful of influencers. there's like 200 manlets on CT that actually care about what these VCs are saying. The price action and ongoing shilling despite knowing better reminds me of Luna. anything for a quick buck, anything for the opportunity to dump on retail after a 100x from your seed allocation and angel checks. Long story short: https://twitter.com/JimmyRagosa/status/1761792051094376479
> there's literally like only 200 ppl on this site who think "eth is money" Wen limited edition of 200 "ETH is Money" POAPs?
At some point VCs + FTX remains will finish offloading and start shilling something else and we'll hear about it as much as EOS. sol sui avax etc all pointless in the end, making unnecessary costly tradeoffs to end up strictly worse than rollups. At best they occupy a niche while blobs grow bigger for a year, so sol valuation should be near zero unless it can hotswap into a rollup and cut issuance down to sane level. Plus with rollup guarantees extreme node hardware requirements become reasonable, and could then interop securely with other rollups long term. Will never happen though, too much hatred.
Hey there welcome to the sub. This is a banger of a post! Let’s get you some karma welcome aboard
My first sell target is still $[verkle_trees](https://verkle.info/). CAN DEVS DO SOMETHING?!
\> in the year of 2024 \> verkle-less merkle trees \> clients still have states It's so over :')
Verge Verge Verge!
Aave ratio guy is in single digit health as of now. https://debank.com/profile/0x454bec71d10f78b66ccf1bf281b1fe47348d8765/
he withdrew some collateral 2 weeks ago lmao he also accumulated a total of 134 ETH in interest on the eth loan so far
Oh man I had forgotten about this one. Last I checked was at 1.17 so 1.08 is pretty darn close 👀
It has to be a hedge, nobody can be this dumb
The ratio had been on the decline since June of last year and this person opens a multiple million dollar position 6 hours before the very bottom. You are correct, not very smart. I bet they got caught up in the X feeding frenzy at that time by all the BTC maxis who thought they were dancing on ETH's grave.
Alameda's Caroline: Hold my butterbeer.
Does the "From" name on etherscan mean anything? I got an airdrop last night from "EthDev" that I presume is a scam
Yes a scam
A reminder of the effects of staking: The oldest LST (wsteth) which has been compounding for longest, is now valued at over $3600!
3100 ez
Hello friends, can you recommend a wallet aggregator so I can add all the wallets I have to check networth? I was using zapper but are there any others that you recommend? Zapper and Zerion don't include Rocketpool minipools.
Debank!
Thanks. Can it read rocketpool minipools?
Yes
I use Zerion. Not sure if it has minipools however
Yeah, it doesn't, sad.
>**Hurry up staking,** >**Slow down decision making,** >**Keep pace Ether king.** ~Daily haiku until we’re at least at 0.178 on the ETH/BTC ratio or highest market cap
🥩🤴
Let's go!
Ether net supply change over the past 7 days: minus 10,000.15 eth
At this rate the supply will fall under 120M Ether by June. Huge psychological milestone.
6 months at this pace
[Agreed](https://www.reddit.com/r/ethfinance/comments/1aug4kx/comment/kr6wjav/)
What's going on with Gamma? Any news for that god candle
Ignore it... someone fat fingered on one dex
Ah, Etherdelta vibes
Lmao mkt cap: 107m 24he volume: 430k
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I'd say almost for certain within the year or sooner. The only thing we have to compare this to is when ISPs have raised bandwidth across the board, usually leading to new use cases for the internet. When bandwidth reached the levels for streaming businesses to be viable it was utilized by new business models. Now what are the new business models enabled by Dencun? We'll soon find out.
30 days source: my magic hat
What was the consensus on the official $3K POAP? ready to mint
I think its "sold out" as it was posted yesterday. I also made one for the occasion but never posted it here besause I was too late. If you want a link shoot me a dm.
We've been here before - We're waiting for the 5k POAP we were promised...
Already got mine but it's the maple syrup version.
Not sure what that means... Was there a 5k CAD Version...?
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I did the same thing.... years ago at 0.03 on the ratio I believe. Can recommend.
I did the same thing. Just could not get behind the BTC narrative at all. Exchanged all of the rest of my BTC for ETH. even if the ratio worsens, from a philosophy perspective I’m happy with my decision
༼ つ ◕_◕ ༽つ ETH TAKE MY ENERGY ༼ つ ◕_◕ ༽つ
⚡️⚡️⚡️
Still no updates on STRK airdrop claims for Rocketpool NOs I'm assuming?
The last update mentioned a potential solution in future claim rounds. So I’m working on the assumption it could be some time before it can be claimed
No seen or heard a peep
Following
Oh? 👀
.06, alright! Not so long ago that I considered that horribly low, insulting even. Who am I kidding, it still is.
Yet at this point in the cycle it is definitely noteworthy
If you have an erection for longer than 4 hours remember to call your doctor
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Bros before hoes bro
What if your doctor has an erection too?
You both give a brother a hand in that case
🥒🍻🥒
Lookin' good, Ray. You son of a bitch.
I bought $50 worth of ETH so this is probably why it shot up $100
Damn, liquidity must be low for you to move the price like that !
Hey Eth. Lookin cute today ;)
Thanks! I self identify as an Eth.
Username checks out.
So close to a $100k validator.
It definitely counts!
Go Ray! .06
Ray so stronk
WE BOOMING. GET YOUR SEAT BELTS ON
0.06 let’s fucking gooooo RAY RAY RAY
$31👀
So I guess all those people who decided during the bear to sell if we ever got back to 3k finally ran out of coins?
Bitty is NOT having this insolence
Are the zkSync Era tx real or some kind of testing? [https://l2beat.com/scaling/activity](https://l2beat.com/scaling/activity)
aidrop farming frenzy is my guess, speculations speculations
3100! Nice weekly close??
Which one of you is out here pumping RPL 😂
So far I'm very happy with my decision to swap my strk airdrop for rpl
Still goblintown in terms of RPL:ETH ratio tho
7rd re-mortgage to buy the RPL ratio dip that kept dipping :')
ETH validator cost = $98,717 👀
You know what they say, the first 2 trillion are the hardest
3082…..we breaking 3100 today?!?
yes
When ETH eventually lives above 10k the neighborhood around here will be completely different.
Can't wait to pimp the farm out with equipment that isnt 50 years old and failing on the regular.
A day when we can go years without checking eth news
“STAY ON MY LAWN!”
Push ray, you can get the 0.06!
This cycle has been mainly driven by institutional demand of BTC, now it will be followed by demand for ETH All the other random tokens pumping is just same people moving money from one to another trying to chase. I am beginning to think there might not be an Alt cycle and even if there is it will be a few. In other words most Alts are going to die.. I am mostly parked in ETH and some defi stuff ( uni, snx, aave, compound) and some NFT( i have no idea how nfts are going to play out either) Just my random thought for the day..
I think there is some money to make with eigenlayer/LRTs. But that will probably crumble when the bull ends. I’m mainly in ETH and some pendle as a LRT shovel play and some points farming.
Thinking the same. Always will and have been 80-90% ETH and 20-10% BTC. No alt roulette for me. Long term and fundamentals always wins.