$ETH PO3 ✍🏻\n\nIf we reclaim the red line, hope will rise again and we’ll take massive action. \n\nI want to see the LSTrader community moving with high energy we’re catching some amazing opportunities. https://t.co/CO0FJEDJNO
$ETH PO3 ✍🏻\n\nIf we reclaim the red line, hope will rise again and we’ll take massive action. \n\nI want to see the LSTrader community moving with high energy we’re catching some amazing opportunities. https://t.co/CO0FJEDJNO
People who think a 5-year consolidation for $ETH isn't healthy and is bearish are suffering from recency bias.
They don't remember that $NFLX went through a very similar pattern from 2004–2009.
Just look at the chart below—the similarities are quite impressive.
Still bearish? https://t.co/ssvnzkHWQy
🐋 Whale Places $100M Short on $ETH
An Ethereum whale has opened a $100M short position on $ETH. The move comes after Vitalik Buterin stated he plans to "sell less ETH." The short is positioned near the $2,150 liquidation zone, exposing the whale to over $1M in potential losses, according to Cointelegraph data.
Ethereum (ETH) is a decentralized platform that runs smart contracts, defined as applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. These apps run on a custom built blockchain, an enormously powerful shared global infrastructure that can move value around and represent the ownership of property. This enables developers to create markets, store registries of debts or promises, move funds in accordance with instructions given long in the past (like a will or a futures contract) and many other things that have not been invented yet, all without a middleman or counterparty risk. The project was bootstrapped via an ether presale in August 2014 by fans all around the world. It is developed by the Ethereum Foundation, a Swiss non-profit, with contributions from great minds across the globe.