The Ethereum network is pointless with 60 gwei fees yet price pumps for no reason. I'll be looking for shorting opportunities from now on.
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@ErdoganTalk
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3 comments
What price target will you be shorting eth to ? And with this news of US banks offering custodial services for crypto and most importantly "staking", I don't think the fees are going to stop people from trying to get some ETH. Also, it seems the Ponzi schemes like mmm and smartway forsage are using the most gas to launder stolen funds, hopefully gas prices go down when they are done.
The ponzi's running are another burden right now. Perhaps with their collapse the network will run better. I am trying to figure out if this is a good spot or wait for $300.
Fees are crap. Buy hype for 2.0 is real.