PSA: Going to launch a community project highly deflationary w a novel use case connecting the biggest numbers of users off-chain on-chain.
Will be decentralized at launch. v1 coming later this yr on an ETH L2.
Going to update w more info later as the project progresses.
I’m not an ETH maxi but when you use zkrollups for the first time you realize all ETH’s scaling woes are short lived.
ETH can do it all w/o compromising decentralization. Rollups are just the beginning.
Bitcoin Maxis love to exclude these three things from its history.
1. Satoshi was a single miner for nearly a year aka pre-mining.
2. A bug in 2010 created billions of Bitcoins out of thin air chain fork.
3. Blockstream took developer git control over in 2015.
Just facts 😅
ETH at $10,000 will pump DeFi into the stratosphere.
Few understand what’s about transpire as the merge approaches and ETH finally flips BTC.
Anything ETH based moons.
Ethereum is the super-cycle.
Markets are screaming risk-on since last fall’s bottom.
DXY relationships tells exactly where the markets are headed.
Gold/DXY leads Crypto.
Prepare now for $40k BTC & $3k ETH. Just the beginning!
Bitcoin is being completely disrupted by WΞB3.
In the same way Blackberry was overtaken by iPhone app stores.
ETH is the iPhone of Crypto. Everywhere and everything soon.
No one has enough ETH.
After the merge issuance will drop by 90%. Essentially, a quadruple halving if you count eip1559 this summer.
A -2% net supply reduction yearly at current burn rate with merge. 🔥
ETH predictions next 12 months:
In general, ETH repeats a similar bull cycle from 2017 w/ a blow-off top b/t $10,000-$20,000 flipping BTC in the process.
$8k ETH is my minimum price target by Dec 31st 23’
ETH can go much higher to $20k in a blowoff top bull run.
It depends on the intensity of $DXY breakdown.
All gains coming before halving early 24’
This is DOT after core time upgrade.
CCIP will connect a lot ⛓️ DOT SDK will be native connection to 1000’s of chains and apps 🕸️ The Internet of Blockchains.
Coming soon
Bitcoin Maxis are completely lost.
Rather than to admit DΞFi brings tremendous value, they suggest you to use a centralized service like BlockFi.
Ethereum has already won. It's just not priced in [yet].
Amazing how everyone wanna be the ‘ETH killer’. Yet no one says they wanna be the Bitcoin killer.
That says a lot about the future and where ETH is headed - to # 1.
ETH will soon undergo the largest UX upgrades early next yr.
Gas-less trans (account abstraction) + Danksharding EIP-4844 allowing rollups to 100x in scale.
Unlocking final barrier to entry for users leading to dapp explosion in
#Web3
adoption.
ETH is hilariously undervalued
The year is 2030.
1 ETH = $100,000
Ethereum is the settlement layer of global economy.
DeFi, DAOs and NFTs have billions of daily users.
BTC Maxis the handful left still call Ethereum a scam.
Ethereum is very under-valued. It's not if but when this value gap closes. Markets tend to under then overshoot fundamentals as narratives shift to FA.
$10,000-20,000 ETH is inevitable this cycle.
ETH will likely go vertical ahead of the merge. First big pow test net merged successfully. Main-net next!
The equivalent of a triple halvening event.
Probably nothing.
Hating on Ethereum at this point is liking hating on the Internet.
The EVM has clearly won over. Side chain EVM dominance only re-enforces ETH dominance.
Now ETH's 1559 threatens BTC entire existence.
Absolutely zero OG DeFi protocols were rugged.
Only opaque CeFi banks push by Bitcoin maxis went insolvent.
The future of DeFi has never been brighter.
Ethereum is burning more ETH than issuing on an average weekly basis. All this before the merge.
After merge issuance drops by another 90%.
Probably nothing.
With ETH rollups rolling out. I just don't see a good reason to have MATIC as a major position.
Why would someone choose MATIC side chain over the security guarantees in Ethereum?
I’m giga bullish ETH, rollup tokens when they drop, applications built on ETH and rollups.
All which feed the ETH burns. After merge -5% issuance per year.
All happening in 2022.