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'Eth' and all cryptos. GET OUT WHILE YOU STILL CAN.
Thank me later. This virus mutation will wipe out people's usage for this scam of an asset class. The show is over. protect yourselves.
ALL THE MONEY IN THE WORLD HAS BEEN MADE IN THIS JOKE. SELL WHILE IT STILL HAS ANY VALUE
I believe that SHIB has been good for ETH's business and price, please read below:
Ethereum Tests All-Time High as On-Chain Activity Grows, SHIB Burns ETH
Fredrik Vold
The price of ethereum (ETH) briefly touched a new all-time high on Friday, with key on-chain metrics growing faster than competitors over the past month. Meanwhile, the current meme coin craze is also contributing to ETH’s value proposition, with shiba inu (SHIB) now consuming more gas than even major stablecoins.
At 11:13 UTC, ETH was still up almost 5% over the past 24 hours to trade at USD 4,335, after earlier today briefly reaching north of the 4,400 mark for the first time ever.
The new all-time high (USD 4,416, per Coingecko) came as on-chain data compiled by Kraken Intelligence showed that the number of active Ethereum addresses has grown 5.8% since last month. The growth for Ethereum came as the other smart contract platforms Cardano (ADA) and Polkadot (DOT) saw a decline in the number of active addresses on their platforms of 8.9% and 3.3%, respectively. Meanwhile, Bitcoin (BTC) outperformed them all with a 9.7% growth.
Similarly, the number of transactions made over the Ethereum network also grew since last month, with an increase of 2.3% (the monthly average number of transactions - 1.2m). That compares to a growth in the number of transactions of just 1.5% for Polkadot, and a decline of 9.5% for Cardano. BTC saw an increase of almost 9% (to 272,000 transactions).
Not surprisingly, new highs for ETH also excited investors. Right around the same time as ETH hit its all-time high, the founder & CEO of Real Vision, Raoul Pal, said that he is “more than irresponsibly long ETH right now.”
“I now have leverage but via calls. This is by far and away the biggest personal position of my entire life by a factor of 10 (or more),” Pal said, adding in his timeframe for when he expects the major moves in ETH to be seen:
“My view horizon for this part of the trade is 6 to 9 months.”
However, as reported, per CoinShares data, last week, ETH saw investment outflows for a 3rd consecutive week. The firm said they believe it "is minor profit-taking as the price closes-in on all-time highs." At the same time, BTC saw 99% of all inflows totaling USD 1.45bn last week after BTC futures ETFs debuted last week in the US.
Meanwhile, it’s also worth noting that the rising price for ETH has coincided with the recent craze surrounding shiba inu, dogecoin (DOGE), and other meme coins, with the former being an Ethereum-based ERC-20 token.
As a result of this, all transactions made with Ethereum-powered SHIB also contributes to the burning of ETH tokens, which in theory should help push up its price. At press time on Friday, the SHIB token ranked as the 7th largest ETH destroyer, even ahead of the major stablecoin USDC and just below the popular wallet MetaMask’s Swap Router, blockchain data showed.
Token burning on Ethereum was introduced with the EIP-1559 upgrade on August 5 this year, with an aim to make ETH less inflationary than it was before. Since activation, ETH 671,259 (USD 2.9bn) have been burned, making up more than half of the new tokens issued over the same period, according to data from WatchtheBurn.com.
Meanwhile, as reported, the Altair hard fork, the first mainnet upgrade to Ethereum's beacon chain, went live this past Wednesday. The update is considered a "low stakes warm-up" to the upcoming Merge, when the current Ethereum mainnet, which is secured by a proof-of-work (PoW) consensus mechanism, "merges" with the beacon chain proof-of-stake (PoS) system.
https://cryptonews.com/news/ethereum-tests-all-time-high-as-on-chain-activity-grows-shib-burns-eth.htm
Sooo weird those are my two top holdings
One million $ETH worth have been burned since the implementation of EIP-1559 in August https://cointelegraph.com/news/one-million-eth-worth-have-been-burned-since-the-implementation-of-eip-1559-in-august via @Cointelegraph @Grayscale Premium GOLD Ethereum Go Grayscale! Bulls $ETHE AABB AABBG
Added a little more Crypto @BlockFi $ETH BiA BiA! $ETHE Premium World Computer GOLD Bulls!
$ETHE RSI 8-15 Massive Volume Spikes Hey Cathie! Ark Go Flippers! Add More $ETH World Computer Low Volume Bid’$ and MoMo @55 On the Ask Deck Level 2
Bought more ETH / SOL
Both be 4* what is now next year'
e
@Grayscale Ethereum Trust And Go Grayscale! Ethereum Classic Trust: Comparing Potential In Light Of DeFi $ETHE $ETH $ETCG $ETC Premium World Computer! Code Is Law Coleslaw! https://seekingalpha.com/article/4470095-grayscale-ethereum-trust-and-grayscale-ethereum-classic-trust-comparison?source=copyToPasteboard
$ETHE $ETH Premium World Computer! https://decrypt.co/86163/institutional-grayscale-ethereum-trust-shares-up-19-percent
$ETHE @39.90 That’s RSI 7! On The Dip Huge Volume Spike! I’m DJ Double Top! Add More $ETH Premium World Computer GOLD Bulls! Go Flippers and Longs
ETHUSD: Yes, Ethereum is crashing. And yes, sell it.
Short it with high leverage. And no: ethereum does not have any intrinsic value. Instead, it has negative value in that it serves to enable mining in the crypto space, which accelerates Earth's rapid, global increase in temperatures, thereby leading to a rapid demise of the human species. Sell or short this thing with every dollar you have.
Not only that, but the shift to proof-of-stake (PoS) means that there is no mining infrastructure actually mining it. That said, once that liquidity that is being used to 'stake' it disappears, look out below. Holy moly, it will be a bad collapse.
Good bye crypto bubble.
5000 plus
https://www.thestreet.com/investing/cryptocurrency/how-ethereum-will-get-to-5000-and-above
WHATNOW
Took the words out of my mouth.
meaningless charts
https://www.fxstreet.com/cryptocurrencies/news/ethereum-elliott-wave-analysis-eyes-down-towards-2400-area-202109101044
—And A Bold Ethereum Prediction
A Legendary Billionaire Market-Maker Issued A Serious Bitcoin Price Warning----
read more:
insert-text-here
excerpt:
Bitcoin and Ethereum surge after massive upgrade – follow live https://www.independent.co.uk/life-style/gadgets-and-tech/bitcoin-price-news-live-btc-ethereum-b1957733.html BTC GBTC $ETH $ETHE
Blind leading the blind around here it sounds like...
https://investorshub.advfn.com/boards/replies.aspx?msg=166749130
The Only Cryptocurrencies Elon Musk Owns -- and Shiba Inu Isn't 1 of Them
The Tesla CEO loves cryptocurrencies. But he only owns these three.
Keith Speights
(TMFFishBiz)
Nov 15, 2021 at 5:55AM
Key Points
Elon Musk has been a long-time fan of Bitcoin despite some concerns about its energy consumption.
He owns Dogecoin and has publicly proclaimed himself as the "Dogefather."
Musk was on the fence about Ethereum in the past but now owns ether tokens.
Eth will move sharply, once stabilized above 4700 level
$ETH Shoulders, Chest, Pants, Shoes… $ETHE Premium BOOSIE Wipe Me Down! $AABB $AABBG Gold GRiLL “I’m An Ordinary Person But I’m Paid!” 5150 Dixie Bad Azz Foxx Savage Life Webbie Red Light, Green Light, Yellow Light… Get It Man!
Haha holy clueless
Confirmed: AMC Now Accepts Bitcoin, Ethereum, Two Other Cryptos, Dogecoin To Follow
November 12 2021 - 12:00PM
NEWSBTC
AMC has now officially become the first theater chain to accept Bitcoin, Ethereum, and cryptocurrency payments on its platform. This has been a long time coming after CEO Adam Aron had first announced the entertainment giant’s plans to accept crypto payments by the end of the year. The announcement had said that it would accept crypto payments online for both movie tickets and concessions.
Crypto Payments On AMC Are Official Everything on AMC’s end looks to have worked right on schedule as the annulment three months ago had stated that the company would begin accepting crypto payments in the fourth quarter of the year.
Aron took to Twitter to announce the exciting news that AMC had in fact begun receiving payments in four cryptocurrencies. These included Bitcoin, Ethereum, Bitcoin Cash, and Litecoin. Big newsflash! As promised, many new ways NOW to pay online at AMC. We proudly now accept: drumroll, please… Bitcoin, Ethereum, Bitcoin Cash, Litecoin. Also Apple Pay, Google Pay, PayPal. Incredibly, they already account for 14% of our total online transactions! Dogecoin next. pic.twitter.com/a7pqYBm7HB — Adam Aron (@CEOAdam) November 12, 2021
At first, Bitcoin was the only crypto that was to be accepted by the change but further reviews had seen the theater chain add more options due to popular demand. One of the reasons being bitcoin carried high transaction fees and would not be the most ideal option for carrying out small transactions. Not long after the bitcoin announcement, CEO Adam Aron had announced that Ethereum, Bitcoin Cash, and Litecoin would be joining the lineup.
Other additions came later after Aron had carried out a poll on Twitter. In the poll, he asked the community if they would like to see the popular meme coin Dogecoin accepted and the majority had voted yes. So AMC had incorporated Dogecoin payments for gift cards and plans to introduce Doge payments for movie tickets and concessions. When Are Dogecoin And Shiba Inu Payments Coming? In the announcement tweet, Aron had said that Dogecoin payments were coming.
There was no definite timeline given for this but with four cryptocurrencies already in operation, speculations are it would not be too far in the future. However, Aron had said nothing about its latest addition to its crypto lineup; Shiba Inu.
Related Reading | AMC Theatres Says Customers Will Soon Be Able To Pay With Shiba Inu
The CEO had carried out another poll on Twitter, but this time for Dogecoin’s rival Shiba Inu. Once again, the majority had voted in favor of adding the meme coin as a payment method and Aron had confirmed in an earnings call that it would be implementing Shiba Inu payments in the future. The SHIB community inquired about when they should expect to be able to pay with their coins, but there has been no update from AMC regarding the matter. Google Pay, Apple Pay, and PayPal were also introduced alongside cryptocurrency payments. Featured image from Bloomberg, chart from TradingView.com
https://ih.advfn.com/stock-market/COIN/BTCUSD/crypto-news/86544003/confirmed-amc-now-accepts-bitcoin-ethereum-two
........ best of luck to you lol
*** Ethereum is crashing ***.
This makes sense because they have no intrinsic value, and code-writers can always create supply and dump supply. Be careful with your investments, and note that this could be a final opportunity to get out.
I have sold all of my crypto, and I have gotten back into cash and real gold.
Yes very good news for us. Gary needs to get his S@#% together. Lol
ETH2
$Eth I have a good feeling we see $4950.00 today!!
Nice and make no mistake the SEC vs XRP case will affect the entire crypto world. I own a bunch too.
$ETH $ETHE AABB AABBG Premium World Computer! GOLD Bulls Ethereum Headed Higher On Growing Regulatory Clarity And Platform Improvements For Eth2 https://seekingalpha.com/article/4468155-ethereum-headed-higher-on-growing-regulatory-clarity?source=copyToPasteboard
LRC ZK Rollup Loopring King! Crypto Bull Run Baby! #ALTseason Ethereum Scaling $ETH $ETHE Premium #WorldComputer GOLD Bulls! AABB $AABBG
What's up Gman, yes I'm happier now, I bet you are tooo!
ETHs first week of deflation.
Stimulus bill crypto aspect don't go into effect until 2024.
Barron's: "Tougher Crypto Tax Rules Are Coming. What to Know."
https://www.barrons.com/articles/bitcoin-crypto-tax-reporting-rules-51636399958
5k around the corner!
10k+ next year!
Serenity
Bwaaaahahahahahaha!
ETH2
Right. I literary bought more about an hour ago. 3rd buy since last Friday
Nice call rookie lolololol
Wish I had more, got ripped on an ICO that went into hiding.
Agree 100% with #2851.
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