Ethereum Isn't Fun Anymore

Re:Ethereum Isn't Fun Anymore by rawtxapp on Monday February 22, 2021 @12:23PM (#26227188)

Same here, it took me a while to understand why anyone would get an over-collaterized loan until it just clicked, then I was like this is the future, it doesn't make any sense to sell the most valuable and appreciating asset ever, but you can still use the money from it.

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Re:Ethereum Isn't Fun Anymore by phamilton on Monday February 22, 2021 @04:19PM (#26230787)

> sell the most valuable and appreciating asset ever

What happens when it stops appreciating? Or is the premise that bitcoin will alway outpace interest rates?

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Re:Ethereum Isn't Fun Anymore by rawtxapp on Monday February 22, 2021 @05:09PM (#26231339)

In the short term it could do anything, in the long term you'd expect it to constantly appreciate.

It's a scarce/deflationary/limited supply asset which is compared against an endless money printer.

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Re:Ethereum Isn't Fun Anymore by phamilton on Tuesday February 23, 2021 @03:11AM (#26234915)

The 2008 financial crisis in a nutshell

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Re:Ethereum Isn't Fun Anymore by loeg on Monday February 22, 2021 @09:27PM (#26233202)

Margin call.

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