🔥 ETH is burning supply! HUGE news.
Hello!
I'm back, well... I never left!
I haven't been writing for the last 4 months, in fact I was committed to writing regularly and at some point it felt like an obligation. I don't want this to be an obligation and I've taken a different approach, I will write from time to time if I have anything to share with the community.
Ethereum fanboy
As some of you know I am a big fan of Ethereum, I was lucky to buy ETH at the 2019-2020 price and I have been hodling since then. I've never considered selling any, I will probably do so when we reach the peak of this bull run. Hopefully it will be easy to spot, if you consider that we are actually at the peak, I believe that you are in the wrong part of the story, so do your own research.
🔥 The supply is already being burnt!
At the time of writing we are approaching already 1,000 ETH burnt! This is HUGE for the Ethereum hodlers.
The update EIP1559 took place smoothly and everyone is happy.
I'm confident that the numbers will go up this second half of the year, so I will be waiting on the sideline.
If you don't hodl any ETH, I am not sure if this is time to buy but what I am almost sure is that ETH will outperform BTC this 2021.
The best is yet to come
The best part of Ethereum 2.0, the transition to Proof of Stake, will probably happen in 2022. This is where things get interesting...
When this is implemented, ETH will be officially a deflationary token! yes, you read it right, a deflationary token with "low fees".
Exciting times ahead.
Enjoy! 😊
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https://twitter.com/ResilienciaHODL/status/1423329480668585988
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Check out the last post from @hivebuzz:
True. This might be trigger of a strong altcoins season, knowing that ETH is the leader of the pack and not DOGE :D
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The big question is will it lower fees and bring buy games to ETH? If not. Ethereum might be challenged by BSC or MATIC. Even if some games such as Gods Unchained built L2 to stay loyal to Ethereum
HIVE is well positioned to capitalize in #Play2Earn games. Sooner or later other developers will come.
I'm not sure how low would fees be on ETH PoS, but I expect that a big part of the community will stay in the Ethereum ecosystem.
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Yes, I'm also expecting that!
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My boy is backkkkkk ! Well this pump is so easy that I wonder what is the catch 😂😂😂
I'm back my friend!
In fact, I've been reading all of you in the meantime, just not on the mood of writing.
I hope everything is fine!
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Better ! Advancing on my “healing”. Haven’t done it since we last wrote so BUIDLing that wealth back hehe 😉
I love to hear that!
Really good!
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Eth will always aim high :)
Touching 3k already... :D
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I agree with you that ETH will out do BTC this year.
Easy!
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@resiliencia Great analysis and foresight for ETH
"If you don't hodl any ETH, I am not sure if this is time to buy but what I am almost sure is that ETH will outperform BTC this 2021."
I wish i could earn some ETH so has to be a part of this forseen outperformance of BTC 2021. @davidbolu34
There is plenty of ways to earn crypto, you can just post here and swap LEO/HIVE for some ETH.
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That's a big burn already!
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Your level lowered and you are now a Minnow!
Check out the last post from @hivebuzz:
Your level lowered and you are now a Red Fish!