The ETH Burn has begun! Just over 5,200 ETH has been burned so far since yesterday!
BTC market cap is about 1.7 trillion right now.
Sometime back I converted several ETH into BTC. I'm still good with it, but I'd say 5k ETH is a certainty, 10K ETH is very possible. Some people are saying 17k ETH.... I have doubts about that, but the market cap ratios
are going to be enhanced by this burn, removing some of the ETH from circulation. The next thing to hope for is that gas fees are fixed.
If anyone needs a heuristic guide for goal-setting, here's something to look at:
For anyone considering selling in the next 4 months or so versus long-term-holders here are the 2021 Capital Gains charts for consideration:
Quote:
Originally Posted by sdp
Seeing Ripple in the tag? second red flag.
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LOL! Still feel the same about your Ripple/XRP dig here?