will ethereum ever recover?

[@PrivateInfo-xe1cl]

That transition to proof of stake combined with the staking amount being super high really killed ETH.

[@88SATSradio]

@@PrivateInfo-xe1cl also Solana, having a CEO, and having Vitalik as CEO

[@TheSelfStorageGuy]

I still maintain that one day we'll wake up to news that Vitalik was caught in some kind of weird, heinous behavior and then ETH goes to zero almost overnight...

[@PrivateInfo-xe1cl]

Heh, might have the opposite effect, with him out of the picture maybe it could do better. :O

[@TheSelfStorageGuy]

@@PrivateInfo-xe1cl haha I suppose anything is possible! However it would yet again highlight how a founder can be a severe liability and it would probably close the door to any serious institutional money after that.

[@simonmasson-dupras3946]

Sold all of it for a higher price than it is now in 2022 ..

[@88SATSradio]

@@simonmasson-dupras3946 great work.

[@skipmckee6540]

No

[@magikavoncary]

I don't know...when (and if) a proper bull run starts Ethereum could appreciate even in comparison with BTC. Maybe back to 0.05-0.06BTC range for 1ETH. At least for a while. It is going to crash after that. Altcoin season is unfortunately no joke.

[@88SATSradio]

@@magikavoncary I'm having a hard time seeing an alt bull run this year tbh. Mostly because of microstrategy. I see zero instances where ETH makes back any ground. Way too much capital flowing into bitcoin right now. And this time, people are starting to understand they don't have to buy a full bitcoin to get in.

[@magikavoncary]

I wish you are correct. But I feel there are still a lot of degens around and once (and IF - again) retail truly comes back it won't be any different. I just hope that the market cap of altcoins stays lower than BTC market cap. Forever.

[@88SATSradio]

@@magikavoncary you don't have to wish for that. It will happen whether you want it to or not. There is no second best.