a thoughtful web.
Good ideas and conversation. No ads, no tracking.   Login or Take a Tour!
comment by steve
steve  ·  2148 days ago  ·  link  ·    ·  parent  ·  post: Ethereum Plans to Cut Its Absurd Energy Consumption by 99 Percent

It’s little write ups like this that make the really low dips in ETH a little more bearable.





kleinbl00  ·  2147 days ago  ·  link  ·  
steve  ·  2147 days ago  ·  link  ·  

    However, if you are greedy like me you want to see the bottom of the market or at least signs this bear market trend is over and for now we are not there yet.

that was July... hopefully we've hit "bottom" and the current climb continues

kleinbl00  ·  2147 days ago  ·  link  ·  

well, but more importantly it illustrates that evaluating exponential assets on a linear scale is going to cause you to misjudge it.

The linked article suggests a bottom target for $4k through pure unadulterated technical analysis. Bitcoin bottomed at $3100.