Is the triple halvening real?

If ETH merge is so bullish why are we stalling out at 3AC-panic-dump levels. Where are the institutions and staking incoooooomers rushing in to buy my eth bags. Where the fuck is $10k. I feel like I got bamboozled again and it's making me depressed.

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Ethereum is always smokescreens and mirrors. But don't worry, they'll eventually find another narrative to generate more hype.. Just remember to sell into the news before you suffer another 50% retracement.

turn off your pc, go outside and come back in 6 months. If the price is still bad then you can worry. Stop playing for short-term gains.

Eth is going to $20 each that's why

the eth merge is a sell the rumor, sell the news event because of options trading degenerates

because no one actually uses ETH for anything but generating other shitcoins to flip. without a lot of risk appetite no one is going to rush in to buy ETH after the merge narrative is played out and people finish selling the news.

It's very real but so few people know about it that it hasn't been priced in yet. Bitcoin halvings aren't even priced in despite being much more well-known and also not as significant. This means you have a huge information asymmetry. Take advantage by accumulating at these great prices, be patient and start taking profits when normies start piling in in 1-2 years.

The information asymmetry is absolutely unreal.

For example even people that pretend they know all about it don't know that you will only be able to take out staking rewards after an upgrade that will take another 6+ months AND that there will be a multi month queue to take them out.

ok but doesn't the deflation flywheel require organic activity to start the cycle up? People use eth -> fees get burnt -> eth deflates -> price goes up -> people use eth -> etc. If all anything people use eth for is shitcoin gambling and trading monkey pics, how is that going to generate enough activity to get the ball rolling? Seriously gas prices have been like 5 gwei since april, nobody even uses the fucking chain.

no

That's what these retards don't understand. The hype is already over, unless VC's are going to pump billions into DeFi to bribe more on-chain activity.

eth 'halvening' requires people to consistently use the network to work though. btc halvening happens regardless of activity. Nobody's fucking using eth in the dark-ass middle of a global macro bear market because it's a casino chain for degens flush with cash, and they've all gone broke already. Who's even left to kick off the virtuous cycle of usage -> fee burn -> deflation -> demand -> usage?

If merge happened a year ago we'd see $50k eth, but right now, I just can't see the catalyst.

>Any Forums is almost uniformly bearish on eth
This is making me want to go max long.

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>Any Forums

you mean discord trannies

and its the good call, will be 2300 by september 8th. Fundamentals dont matter

>2300

Typo? Obviously 3200 min.

fud. soon ethereum will be over 20k

At 15k for BTC, it will be $800.

I think he just forgot a zero at the end.

I don't even disbelieve these because whales are going to play whale games. and I hope it happens so I can dump and run because I just don't even fucking care about eth's longterm future anymore. but like, how will those numbers sustain after merge when there's no more news to build hype over? It's just going to be a dead chain with a few bagholder whales occasionally trading monkey pics back and forth to stave off boredom. Explain to me the structural catalysts that'll drive price higher longterm, and no you can't just say lockups and staking apy, fucking tittypoopoocummycoin has staking apy and lockups too, it doesn't matter because there's nothing to do on the chain just like there's nothing to do on eth except pvp other degens for a pot that's getting smaller every day as losers get the message and stop propping the ponzi up with their mcdonalds paychecks.

is real, BELIEB IN THE AUTIST VITTY

i never said its going higher than that

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