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Lark Davis Shared: Ethereum moving to proof of stake is going to be so bullish. It fundamentally changes the economics from mine and dump, to stake and restake to earn more.
Community Response: Fundamentally changes a couple other things as well, Ethereum is a plane trying to repair its damaged engines mid-flight. It’s lag has allowed the giga growth of Solana, Avalanche and other major L1 contenders. IMO ETH is dead and has been for a while but there’s.
“EtH iS DeAd” Sounds bullish to me.
Half the industry has been built around the faults of ETH, moving to POS is a nail in the coffin, Web 3.0 will move on without it. But you probably hate making money.
One quick look at the cash tags in your bio tells me you’re absolutely allergic to making money, that’s fine, but it’s not my bag. I’ll invest in stable coins like you once did. I’ve generated some wealth in the projects actually doing something.
He’s so busy making money he’s on Twitter arguing with people he doesn’t know.
Making money has freed up my time and I’m not arguing, simply stating my opinion and getting responses from broke bag holders. What a time.
ETH does have L2s. And Solana dies every few weeks when they get a DDOS attack. The Eth network never really goes down. Slow yes, doesn’t stop altogether.
That’s great, but nothing other than price action matters in a bull market, fundamentals are for bear markets. Fact is Solana minted millionaires this summer, Matic too. I invested in both. ETH looks like a snail compared to many, working or not. We’re here to make money.
You sir are the type that even if you make a billion dollars, still NGMI.
HAHAHAHA whatever helps you sleep at night, pal. Go enjoy the holidays. I’m sure Ethereum will double in market cap and everything will be fine.
The real measure of wealth is how much you’d be worth if you lost all of your money.
Will that technically unlock all the staked ETH causing a potential massive sell off?
No one can predict the future of digital currencies.
BTC Can do the same right, it needs to get hard forked right, Davis Sir? Because a few people are having concerns with BTC. They are asking what after BTC is fully mined.
Sounds like Cardano had the right idea from the beginning. It also removes a key strategic advantage, very good use case and has ETH chasing the competitors.
Do you think that unlocking all that TVL would drop the price temporarily?
It will drop the price permanently, mark my words. The only people pushing Ethereum on the masses are 2017/18 era influencers, the landscape has changed and they’re bitterly bag holding.
So, they are bitter with their bags from 2017 @ 4K+usd? I want to be bitterly holding like that too!
