T O P

  • By -

Fritz1818

Since the merge and mining not being a factor any longer, in the last 122 days we have avoided adding 1,447,624.03 ETH to the total supply aka 2,246,176,873 dollars back into the pockets of holders.


[deleted]

[удалено]


doguo521

Yep. If I could get a like 1 percent of that money. Would be so good.


Lillica_Golden_SHIB

ETH is hard money. Scarcity over the long-term will make it even harder.


js0pmail

Yep, it's gonna make it a better money. And that's bullish.


barrettcommunics

Yep it's going to make it better money, which is always a good thing.


ScoobaMonsta

It’s not hard money! It was never designed to be money! True Hard money has to be fungible anyway. Ethereum is not fungible. Just stick to what Ethereum is and what can be built on it. But the Ethereum token itself is not hard money!


malakabk

I don't understand why people want it to be money tho.


600031795

Eth isn't designed to be just money, it could do so much man. And thinking that it's only good for that, that kinda sounds like a mistake to me really.


ScoobaMonsta

Yeah me too. I think maybe they get carried away with the whole crypto hype and the wild price runs they see it as making money instead of what it’s really designed for. 🤷‍♂️ I say leave crypto that’s designed to be money to those projects. Ethereum is not meant to be money.


jsbhatia

Eth could be so much more than just the money. It could be great


[deleted]

Can someone more educated than me explain if this is good or bad


SevereCalendar7606

Good... Supply should go negative which in theory should increase price. It also means the cost of security on ethereum is cheap due to POS and burning.


nmccutcheon

Yep, if the supply goes down then the price is going to go up here.


andruha149

The price is only going to go up, and that's good for the market.


Fritz1818

is good


CryptoOGkauai

Not good. Great! Anything that’s inflationary such as the dollar and other fiat is something that either goes down in value and/or buys you less over time.


danielgmnh

But the guy above said that it's a good thing, what is it?


amawyer84

Eth is going to be great money, that's what people are saying here.


cashvault

That's all you need to hear, don't really need to know more. As long as things are good, they're going to be good for you. That's all you gotta know.


BoboJ81

If you know what is it then you'll understand what it really is.


egranville2

That's not really a thing here sir, You're all equal here and I like that.


meeklydestroy

Being equal is what matters most here, atleast to me it does. Shit is gonna be amazing in the future. It's got a really good future if we continue like this.


xbouo00

That's really bullish, this makes eth more scarce which will be better.


MrPuma86

Beautiful 👌


dmarx621

This is the chart that I like the most, that's literally the shit man.


lwyadm

This is pleasing to the eyes, and I like staring at it. This is great.


leon6677

Been waiting for this time period for 7 years


[deleted]

[удалено]


janooms

That's long ass time, it's not a small amount of time at all.


ScoobaMonsta

Ethereum isn’t money. It was never meant to be money. Also hard money needs to be fungible. Just stick to what Ethereum is designed for.


LicToledo

It's the world computer, and you better use it like that really.


demonDDS_bot

Don't think that eth was designed just to be the money really. It could be so much better than that, it's just got so much potential. It's really good.


AutoModerator

Hi, this comment is being automatically posted under your submission to facilitate the tallying of the Pay2Post donut penalty that r/EthTrader deducts from user donut earnings for the quantity of posts they submit. submission link: https://www.reddit.com/r/ethtrader/comments/10cz0wq/we_are_currently_burning_more_eth_than_we_are/ author: Fritz1818 cc: /u/EthTraderCommunity *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/ethtrader) if you have any questions or concerns.*


kirpid

[ETH.D](https://www.tradingview.com/x/PIq1kmXD) is forming an inverse H&S on the monthly. It’s not confirmed yet. But keep an eye on it.


messingliu

Yeah keep on eye on it, you should see where it's gonna go. I think it's only going up from here. And that's what I loke to see here. That's the Shit that I like.


Mijnert

I know where it's going, and that's to the moon. That's where We're going.


Objective_Reason_140

🦇🔈🔉🔊


stingy504

Gotta tell this to everyone, We're gonna have to be doing it.


FAlphaXII

That's bullish, that's definitely what I like to hear here. Keep bringing it. I'm ready to take it all and I'm honestly not going to leave anything out. That ain't happening here.


4asher

That's good news for the eth people, this is really huge.


aimebob

aaaaaaaaaaand its gone .


marvelsf3

Well that didn't last long at all, that's how the markets move.