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Alias Born | 02/24/2014 |
Tuesday, November 16, 2021 9:08:01 AM
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.
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