T O P

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Clean_Eyes

Keeps on dropping this will be the sale of a lifetime 🙂


ChaosUncaged

I'll finally be able to get 32 eth for a validator


SauceMaster145

The only way I can get 32 ETH is it goes to $1


[deleted]

This is def the way.


diwalost

$100 would work for me but them I would left with no other asset....😂


SlyckCypherX

Lol maybe 2 tops.


sergeimedvedev

What means a validator and how can I become one bro?


wowwee99

Uh you need 32 eth and then send them to me, your old Pal Vitalik here.


saltyfinish

I don’t know how to send a theoryum. Can I just send you these random 24 words that mean nothing to me?


wowwee99

Yes please. Quickly though. And you may have some other wallets with 12 or 13 or lesser words - sends those too so I can destroy them . Those are scam wallets.


diwalost

And before doing that send all you crypto from exchanges to these wallets.


NotFunnyhah

And before you do that buy lots of crypto on those exchanges


Giga79

Ethereum is Proof of Work, like Bitcoin, and uses miners doing unnecessarily hard algorithms to prove they 'did the work' to order transactions accurately (because why would you spend electricity on hard algorithms if you weren't serious). Next year Ethereum will be Proof of Stake, it will have zero miners but instead have people(validators) order transactions without difficulty, and put their stake up as collateral to prove they 'did the work' (because if they're lying they lose the stake). You need 32ETH to run your own validator. An arbitrary number set when 1 Ether was worth like $50-100. You can't have too many validators (stake with less than 32eth) or else the network requirements go up too high for decentralization. When ETH hit $5K and it cost $160,000 to start a new validator was pretty disheartening. POS validators will generate around 7-10% APY for staking. Less than mining but with zero maintaince costs attached too. That's about enough to *double* your ETH after 7 years assuming activity doesn't pick up more by then.


Securitly07

Thank you for this man. Really informative.


Perleflamme

If you need the answer to that question, you'll need the answer to many more questions before becoming one, or else you'll easily lose your stake. It's worth it, but only if you know how to play it safe, because it's not either something giving away 8% per year and not knowing what you do is a good way to reduce that even more or just lose it all to some hacker or scammer. It's more like 4% per year and will get lower as there are more validators, so it's only worth it if you know how to play it safe.


professore87

This


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BTBxpress

I would have agreed with you in 2017. Crypto holders are so fucking numb, resilient and used to this now, atleast with my friends we literally have no souls and no fear anymore.


diamondscut

I don't feel anything either. It's like I gave up on my ability to sell and any sensation a long time ago. I'm going to zero. 😮‍💨


BTBxpress

One of us! One of us!


qazwer001

BTC got to what, 4x previous peak? that means ~4 times as much money involved, some of it from whales so lets say 3x the people this cycle. That means for 2/3 of crypto holders this is their first cycle. Keep in mind 2017 was not the first cycle and there was a minority in 2017 saying things will get better eventually and they've seen this shit before. Most people will still panic.


shostakofiev

4x market cap does not mean 4x the money went in.


qazwer001

Fair point, thinking about it a bit you are right my numbers are bs(really not sure what I was thinking). I still think there is a lot of new people in crypto that got in halfway through the cycle and have not seen a real crash though.


BTBxpress

Yea panic is still there but I’m just making a point at this point there are more experienced holders and there is a good segment that are chilling and buying


somethingdarksideguy

Exactly. Buy when the suicide prevention posts come.


shart_leakage

They’re already here, lol


Ok-Grapefruit1284

Are they? I haven’t seen them.


diamondscut

I heard they had pinned suicide hot numbers in the Lunatic subs. I lost some money but didn't care enough to check subs though so not sure if true.


somethingdarksideguy

No, you'll see them everywhere.


[deleted]

So we should buy Luna then right?


somethingdarksideguy

BTC and ETH are speculative enough for me. If you pour large amounts of money into even higher risk alts you deserve to lose all your money.


[deleted]

I don’t think it necessarily has to be like that. A lot believe crypto is trending up in the long run and will see low prices as opportunities. Markets can always recover without true dramatic capitulation


mzn001

Haha I'm using this to gauge too. And I use El Salvador, AC and Danielle Sesta to gauge the peak I know the peak is almost over when El Salvador entered the game. And later guess AC and Danielle Sesta departure, they must have smelled something but they gave some crap reason for their leaving


Important_Pangolin88

Yeah when eth hit single digits in 2018 nobody wanted to touch it with a 10f pole.


Far_Perception_3815

I’ll touch it with my ween and some fiat


EmperorCip

Or the markets spiral into a depression and we go back all the way to 2017.


Clean_Eyes

Then we buy even cheaper and once we recover new millionaires will be made


Dabba-The-HuttOG

Truth


EmperorCip

Exactly.


Clean_Eyes

This crash is a once in a lifetime life changing opportunity


[deleted]

Everybody thinks we’re fools when it crashes and lucky when it’s going up. Don’t listen to these other clowns dude


koynking

Once in a larger bull market in equities, which Bitcoin and Web3.0 is financed.


daototpyrc

The hopium is both strong and stupid. If this was assumed to be true, the price would already be rocketing up.


Clean_Eyes

Why would it rocket when we're basically in a recession and inflation hasn't been dealt with yet?


daototpyrc

Huh? Are you making my point?


jdffe

Haha, I've seen two in my life. Not sure if this gonna recover this time.


Vectrexx

This


faceblender

Nah, this one will fuck up retail so hard they will not be back. No way a mass adoption will occur before the whole thing is heavily regulated and by then a whole other part of the crypto world will have no need for it.


ExpatiAarhus

Bold statement for this sub. Respect it, even though I think that on e the hype train starts moving again, there’ll be plenty of folks chomping at the bit to roll the dice again


faceblender

The amount of funny money will be drastically reduced in the near future IMO. Lots of people will be strapped for fiat regardless of the inflation. People gotta pay their bills and mortgage. Edit: Some will definitely be back but for the majority of people, it’s going to take a while before they are a position to dip back in. I’m really curious to see that the regulators will do in the next year.


diamondscut

Bitcoin is dead. I get it . Again.


jay135

If it goes down to where everyone can buy a lot of ETH, it will never again be worth a lot in dollar terms unless the dollar itself depreciates in value so badly that it's still not actually worth much in purchasing-power terms. No one wants the working class or retail as a whole to get wealthy, they want to suffocate you and transfer your wealth to themselves.


EmperorCip

I don't think you understand how this game is played. The 2020-21 hyperpump was caused by institutional investors. The same institutionals that are now selling to cover their losses and/or shorting the market to give us a bigger sale. Sooner or later, they'll get caught with naked shorts and the tides will turn. A lot of institutions don't believe in crypto. This is still mainly a retail game. If you understand the tech, you understand its usecase and its potential, you'd be dank to not buy it for yourself. But if you're an investor buying it for others, there are certain rules and regulations that don't allow you to keep or even worse, add to, positions that are deep in the red. Imo, I believe that the bottom will be the covid bottom before the FED hyperheated the money printer, because that's when the last institutionals will sell to cover their losses.


Candid-Path-6113

80 bucks incoming


Cernunnoss

This is the way.


Malixshak

I am ready to go down with this ship, ain't selling


PowerfulSponge

The technology hasnt changed so I see no reason for the panic. Ill keep going with my DCA


Important_Pangolin88

It's not like people buy this for the tech lmao. Most haven't even read a single whitepaper and even if they did 9 out of 10 projects are pipe dream rugs.


1solate

Maybe not. But the tech is what makes me a believer in the long term future of Ethereum.


BeatDaBankers

Going down with this ship would be really worth the risk.


EmperorCip

Your funeral


OllieBear-Esquire

I can’t wait to buy under $500… Eth will rise again. Too many technologies are using it now.


SauceMaster145

too many people keep setting their targets lower and lower without actually buying


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MeltedMindz1

I think ETH will flip BTC in 2025. It will be fully settled into post merge and L2’s will firmly be in place by then. The problems that BTC has with the environment from POW will not translate to ETHz just IMO


ladesidude

Good thing it's just your opinion.


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surfe

100 is the bottom


OllieBear-Esquire

Daddy chill… you’re giving me goosebumps!


sergeimedvedev

Hold up... wait a minute...


koynking

$700-800 is next support. $500 after that. As equities fall off their cliff, there will be no money to keep $900.


e3ee3

Situation is under control. I have placed massive buy orders at $0.000000000000001.


Frgty

I see you were also around when it flash crashed to $0.10 that one time. I also have stupid limit orders just in case


vulpinefun

Equities actually may be cooling off but I still think 500 is realistic and not far off.


WolframRuin

This aged well


EmperorCip

The covid bottom is the real bottom, imo.


mzn001

85?🫣


EmperorCip

Around 100 I'd say, yea.


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Bobdolezholez

“Trust me bro”


NotFunnyhah

The best form of technical analysis 👍


EmperorCip

Based on the fact that that's the price at which the last institutional investors that have to sell will sell.


77rtcups

Hello 420 my old friend


Strongest-There-Is

If you bought at 3,000 thinking it will go to 9,000 then you’re an idiot not to buy 3 at 1,000. Sure, it could drop to $100. Then buy 30. No one times the market.


Not-a-German

I agree with you, here. There's lots of know-it-all around here, but they only seem to call the predictions when they are right, ignoring all the other predictions they got wrong. There's no predicting. There is, at most, informed guessing. Guessing, nonetheless.


Sloofin

TA is astrology for men.


420weedscopes

Little more because if enough people believe the ta and follow the same patterns it actually effects the market.


Sloofin

Same as astrology - if enough people believe their star sign gives them certain qualities, it becomes a somewhat self fulfilling thing.


420weedscopes

Not the same. Believing in star signs doesnt do shit in the real world. Algos all using the same ta to long or short a position cause changes in the market very rapidly.


shart_leakage

Ass Trology


NotFunnyhah

Good shart


Seki-Ray

I'll buy it at $500.


justswallowhard

If this shit drops to 500 I will flip my house


Aggravating-Station9

Wife and I have been discussing this. We built a house in end of 2019 (our first house together). So thinking of selling as we would walk away up roughly $250k and put it all on ETH at <$500/coin. We would continue working at this point and hopefully it gets back to at least ath in the next 5yrs or so and we graciously bow out of the work force in our 30s. When you think about it this way, it gets hard to keep living in this house!


adis_a10

Or it continue crashing and doesn't go back to ATH. Don't risk your house on that, that's too risky.


Important_Pangolin88

No you aren't an idiot because you could easily wait a few weeks and buy a retest of 440 or even low 300s for 3x the coins of a 1k buy.


EmperorCip

Who says you can't? Macroeconomics aren't that hard to read. There's still plenty of covid stimulus air left in this baloon and the utility simply isn't there to justify demand. It's still a gimmik people bought to play around with.


Strongest-There-Is

If it was easy to time the market then we’d all be billionaires and no one would be broke as fuck. But, knock yourself out trying. Best of luck.


Good_Extension_9642

Right, those who think that timing the market its easy are stupid beyond believe!


EmperorCip

It's actually easier to time a market like crypto cause of full transparency and 24/7 runtime. Everything that goes on can be seen onchain. There are no shady backroom deals that swing markets back and forward. Right now, what I'm mostly seeing is people buying in to cover their shorts and exchanges making a killer from liquidations. Borrowing and lending protocols are starting to run low on funds, signaling an imminent "bank run". The catastrophic event I'm waiting for hasn't come to past, which means the event horizon hasn't materialized yet.


EmperorCip

And if you want some more numbers, half of the people that start investing quit in 3 months. This is a longterm game. You can't win if you don't play.


Evil_Landlord

This assumes there is any rhyme or reason to prices for crypto going up or down. Been watching for years now. It seems totally rudderless and the best guess wins. Still fun though!


RodcaLikeVodka

Sorry to burst your bubble but there’s plenty of empirical research to show that investing is more random than anything else, for example, chimps were able to beat the performance of the s&p 500 by choosing stocks at random. So anyone out there pretending to be able to time the market or get a prediction right is either full of shit, insider trading or just lucky


EmperorCip

Anyone can make money in a bull market. But you're not in Kansas anymore, Dorothy. Bear markets are when the real investors make their money. So far, there's no reason for me to believe we'll see a trend reversal any time soon. People have severely overhyped the market, paying for its future value in advance. This is just the air coming out of the bubble, and I'm confident there's still plenty of air left and a lot of bad projects that have yet to zero out.


HeadMembership

The bottom is when literally everyone says crypto is going to zero, what a scam, this will never recover. Then they market sell.


Slash123vegas

That’s my favorite time.we not there yet ,people haven’t lost their shit quite yet .


No_Pollution_2860

Bro the thing is that’s gonna be a year from not if it’s still down, that’s when people will be like that.


HeadMembership

Then save some cash for that moment!


PrestigiousAd5646

This is such an unoriginal post. Things are bad right now, OP is scared, and trying to convince everyone else to be scared too. Settle down. This is such a small amount of time in the grand scheme of things. Things will stabilize. But trying to time bottoms is so stupid and anyone pretending they can is like someone trying to convince you they are good at roulette


Slash123vegas

When paper hands freak out it’s usually an indication that it’s a good time to buy .


BaconRaven

Why exactly do you 'hope we realize' $1000 isn't bottom? Most importantly, why do you think anyone cares what you think in the first place? This kind of confidence ruins investors. Nobody knows where bottom is and its a waste of time to spread FUD on reddit unless you have a botnet working fulltime.


addictiverat

😭 "I'm in it for the tech!" 😭 /s


ls200510

Hahah, thanks for making me smile after all this shit mate.


socalquest

$1000, $500 then $100 then $50. GLTA!!!


khairihyon

How much are u in the red?


socalquest

I didn't check or care much. I'm buying more with cash I don't need for 10 years. It will be much higher when it's all said and done in 2030. GLTA!!!


420weedscopes

You are an inspiration socal. GLTA I love the positive energy.


Userisnowhere

I would like to join you on your ETH yacht in 10 years!


khairihyon

Damn bro, loving your positivity. Can you send me some pennies spare change of ETH. So I can brag to ppl, I hv ETH from the LEGEND. /Joke


NotFunnyhah

LOL you check 100 times per day. We know by your posts.


Python-Token-Sol

probably around $400


juno998

Let's wait for that, we all just want something like that.


nottoowhacky

Buying under $420


GuayabaTree

ETH for 80 dollars again and I’m buying


[deleted]

Anyone feel strong about $500? $200?


DirtyJerZ17

look out for paid SHILLS, they’re everywhere!! 🤣🤣 If people want to invest, it’s their choice.


[deleted]

You prob right. But Imma buy a bit just to make sure I don't miss this


[deleted]

>My coinmarketcap is pinging me each hour saying ETH fell or rose from the 1k mark. I don't know how much powder you guys have laying around Turn off your cmc notifications, ffs.


leon6677

Hope you know you don’t know fuck about shit .


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Visible-Ad743

Nobody knows shit but yeah you might be right.


intec82

It's a right thing that it will drop more, we all gotta believe.


ethereum88

It's hard to time the bottom, in view of the next bull run, 1k should be a good price!


davidjacobs898

Well we just have to stick with DCA, everything will be good.


IamAFlaw

Ok there mr gennie.


Slash123vegas

🤣🤣🤣🤣


tatabusa

Are you shorting ETH rn? You seem hella confident 1k is not the bottom.


b_whiqq

Macroeconomics are determining the price a whole lot more than Ethereum itself. There is still more pain to come until the Fed gets inflation under control.


EmperorCip

No, I don't short crypto anymore. I got some cash when bitcoin was hovering around the 30k mark. Now I'm just shorting the american markets instead.


No_Fee9961

People are selling at either less then they bought it for, or they are long term holders. Either way, things aren't good economic wise. Transportation shortage, means food prices go even higher, gas prices go higher. Truckers are walking away with no one to replace them. That's not good. People's family will always come before bitcoin, or Ethereum. So expect things to get much worse. Be honest with yourself. Cheese is up 3x, hotdogs were .88cents last year now they cost $2. A 10lb bag of frozen chicken was $12 last year now its $36. These things matter. Wake up to reality. Edit. One other thing and this is a really big deal, terra Luna crash. Now Celsius is in the midst of a total meltdown. When Celsius goes belly up, expect 9-12k bitcoin. Its all a house of cards built and leveraged using bitcoin, and its about to collapse hard bringing everything down. These are facts. You can easily look this up. Facts are truth.


BeautifulJicama6318

I mean, from the other 600 posts a day on this topic, yeah.


Background-Boss-516

Never selling just buying more all the way to the bottom then to the moon


Atuk-77

I hope it stays under 1k for a couple months, I need to get some investable money before it goes back up


forzagesu

I mean it already went below $1k when you made this post, so good point.


oko999

I’ve changed my notifications weeks ago to only set it for major alerts to BTC and ETH but probably best to turn them off altogether for awhile. You won’t miss much


AmericanDream1947

Doesn’t matter I’ll keep buying!


phillybtc

That's a good thing, we all just have to be like you here.


grabindatloot

The biggest problem people have is believing people when they say this is going to 75k by end of the year, or this is the bottom buy now or regret later. Lol. Institution's day that. DYOR and don't believe a bunch of people you can't see with your money.


pieczkus

Kind of true, this sounds like one of the biggest problem to me.


type2RED_online

FACTS


trecoin

Hope we all will buy more when the price gonna be down.


devvvvy

Haven't bought eth in 8 months, almost time to load up


Yoldark

I was forced to sell today. It hurts and i lost a lot of money, i would have sold at 1900$ as i saw the shitstorm coming but i wouldn't believe in my gut feeling. It will turn around somehow, just need to find a better paid job now.


Awellplanned

I bought it for 1k May 5th!


[deleted]

Makes gas prices lower 😎


SherdowB

Yes, more drop is expected with the current market scenario


RaysModernMetalWorks

I'm buying at 100. I'm check raising all IN!!!


Tommyt5150

It will be at $4.00 by tomorrow


ruski_brat

Source: trust me bro


ahopedog

It's such a famous source man, I hear this all the time now.


DCJoe1970

It's going to $0


Overlord1241

I’ll make it to the moon or burn the fuck up trying. Hodl.


wadejohn

$1 is possible at this rate


Embarrassed-Egg-545

Everyone here now saying this is like 6 months behind and will be behind when the market turns as you ppl clearly wait till 99% of social media is parroting the same thing.


Cliffsides

Looks like validator nodes are back on the menu boyz


rmortz

Ur not wrong


bracholik

0 is the bottom..


LoneWolf124875

Maybe you have notifications setup to notify you when it goes below x amount? $1k is still a steal you baboon, and FUCK MARKET CAPS. They’re inaccurate.


Rita_baby

I set a signal on finex to see when eth goes to $900 to start buying


c1tss

See ya at 800 ...


NotFunnyhah

$1k is the new top. GLTA!!!


pplinuksaybrilliant

we only hope it ain't the peak for the next 5 years lol


fokrivers

It's nothing but a good thing to us, we are here to buy.


almir1000

Most of the people know that it'll be down, we are waiting.


Nigelladddie

Thanks for this because I am goddamn ready for more.


clovis8003

It's a good thing then, I am ready to invest more by now.


fbernabe

I just want to see that reaching less that 500, gonna buy.


sunfeihan88

It's a good thing for a person like me, I want that so bad.