ETH

Will ETH ever reach $10k? i have stopped contributing to 401k and putting all in crypto

Attached: Screen Shot 2020-03-30 at 6.15.03 PM.png (922x674, 1.04M)

$10k will be hard, not impossible longterm tho

focus on $2k in 2021 imo

probably be a few years but I think it has a good chance of at least getting to 2 or 3k

Drown in the Ganges.

hope so man. This is the time for crypto and blockchain to come out of ashes in the wake of the pandemic if it is truly useful to society

you are going to see a widespread panic when people try to get to 32 for staking. I see it going to 2.5k then dumping to 1.5k before 2021.

lmao
Next stop $50

yeah, a widespread panic to sell after it launches and has issues

is there anything in testnet that is concerning to you?

Eth is a mess

the pump when staking is announced will be enormous. but not 10k. we'll prob seek 1k i'm assuming. that + eip1559 protocol and supply cut should see price pumpage in next year

If BTC goes to 100k, ETH will go to 10K

hoping to get 32 atleast

doubt it. expensive ethereum would defeat the whole purpose which is to use it as fuel for Ethereum smart contracts. If you have to pay $5 in gas fees every time you want to interact with a contract who would use that shit? Ethereum is supposed to be cheap.

>i have stopped contributing to 401k and putting all in crypto
Calling the top now.

All of their changes to tokenomics will drastically increase price
>supply cut
>emission cut
>large % of the supply removed from circulating supply for staking

Eth will have a pretty good price appreciation. 10k? Lofty goals but maybe if we get a lot more enterprise money coming into the system. The only people denying the rise of eth are btc maximalists. Yeah it’s slow as fuck but that’s a good thing. The testnet is coming along nicely.

I am buying 2 eth per month at least. Currently have 10. I am a dismal failure at trading so this is my last hope to x10. If it reaches $2500 I'll be able to buy a house finally. Then I'll be happy.

It's not the house it's the people who lives inside. Will they be happy?

Not sure about eth reaching 10k but NWC will go to $1 some day

>Then I'll be happy

i wouldn't bet on that. It'll make you happy for like a week then the effect will wear off & you'll be back to your usual self

>people
>they
Fuck off normie

Ethereum 2.0 is looking juicy. However, diversify if you are investing in blockchain that support smart-contracts. ETH is not cutting it compared to ALGO

I am a normie with a wife and kid. My wife is straight outta the 1950's and I have promised her we will own a house by 2025. I gotta make it bros, dont care about being mega rich as I like my wage job.

My wife and I are about to start trying for our first child and we were about to buy a house before COVID-19. Hoping for a market crash to make the long term mortgage payments sting a lot less. Keep going, bud, we’re both going to make it. I’m at 7 ETH and accumulating 2 each month too. Got a few lower cap coins that’ll hopefully do well before ETH booms and I can trade them for the rest of the ETH I need.

When the ETH price goes up, the average gas price goes down. Nobody is willing to spend $5 on a transaction, and so they reduce their gas price so that the transaction is back to a couple of cents.

Are we the first of a growing normie wave into crypto? I also spend 50-100 on whatever x100 pajeet coin is getting chilled here every month looking for more eth too.

What does ETH even do? The actual coin, not the protocol.

Anything beyond its ATH is unknown, makes no sense trying to guess the next ATH.

Maybe so, friendo. I’ve only recently camouflaged myself as a normie, I used to be a NEET for years and then I found Zig Forums which let me blend in, get a good job, woman and not too bad money. But yeah, I was in PNK until last week and I’ve got decent holdings in DNA, MCO and CRO. Going to sell all those except MCO when it looks like ETH is going to take off. What lower caps are you in?

Depending on how much your company contributes to your 401k, that's a terrible idea. Mine does up to a 5% match and they have a stock purchase plan on top of that where they also match up to 5%. I do the max where they match, so that's $200 for free every 2 weeks and I'm already 100% vested

Yep, employer pensions are well worth keeping up with just as a safety net if nothing else. Fortunately my parents saved for me and I've added over £20k to that by saving in the past 3 years, I've still got £30k liquid to use as a mortgage deposit and currently 20k (UK annual tax limit for ISAs) in investment funds with 1k in either stocks or ETH. I might go with a few k in ETH and BTC this month and hold for a year or so.

This though. If not contributing will cost you free money, don't not contribute.

Attached: vader.png (442x447, 156.69K)

It is the currency generated by the protocol as a reward to miners who mine a new block, and it is the only currency accepted in the payment of transaction fees on Ethereum.

So, it secures the network by providing incentive to miners to maintain a high collective hash rate, thereby making it extremely costly to pull off a 51% attack (a miner who can generate over 50% of the total hash rate can control the network, at least until people notice and fork the chain).

The transaction fee prevents spamming or overworking the network.

Idk. Eth 2.0 feels like a meme to me. Only thing good from it is the burn mechanism they are putting in.

>i wouldn't bet on that. It'll make you happy for like a week then the effect will wear off & you'll be back to your usual self
Genau

...

It's always good to have some crypto. I have 10 ethereum personally, which I know isn't much but I'm only 27. I was 23 before I got decent paying warehouse management job.

>expensive bitcoin would defeat the whole purpose

My call is 10k by Jan 1st 2022. It will be somewhere between 5k-10k by then

No, at the current rate if btc went to 100k eth would be 2200.

Bitcoin is not trying to be a decentralized computer. Bitcoin is a store of value now you can’t use that argument anymore