HomeTradingEllio Trades CrytpoTHE MOST IMPORTANT THING TO KNOW ABOUT THE ETH MERGE...

THE MOST IMPORTANT THING TO KNOW ABOUT THE ETH MERGE…

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What’s going on ET Fam! I know you all are reveling in all of the green that we’re seeing today. Trust me, I understand the excitement. With the year we’ve been having, any sign of light is something to be recognized. I also realize that I’ve been pretty bearish lately (many of you feel like I’ve been overly bearish). Don’t worry.

Today I come in peace. I actually have good news for you all. I want to talk about a historical event that will change the crypto space for the better. The event that I’m referring to is the long awaited Ethereum Merge! For those of you who are unfamiliar with the Merge, this is Ethereum’s transition from being a proof of work protocol to completely proof of stake.

This is exciting because it will bring about a number of huge benefits, like faster transactions, lower gas costs (it’s been rumored that costs could be as low as $.0002 per transaction), becoming deflationary, etc. This is going to be a complete game changer!

00:00 – Intro
00:39 – What is “the Merge”?
01:19 – Why is the Merge so hyped?
01:54 – Reducing ETH issuance
03:04 – Why does the Merge make ETH deflationnary?
04:02 – More environmentally-friendly
04:33 – Will ETH stakers dump?
05:01 – Bull case
05:30 – Macro is king
07:26 – Words of caution
09:45 – Outro

#nft #ethereum #defi #blockchain #crypto #cryptocurrency #bitcoin #btc #eth #news #protocols #sidechain #altcoin #nftmarketplace #opensea #cryptoart #protocol #altcoins #nonfungibletoken #dao #sidechain #layer2 #erc20 #erc-20 #token #coin

DISCLAIMER: This is not financial advice! This is an entertainment and opinion-based show. I am not a financial adviser. Please only invest what you can afford to lose, and we encourage you to do your own research before investing. DYOR

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32 COMMENTS

  1. One of my concerns is eth becoming just one more pos chain around. The economical energy and commitment already put to maintain its security through pow will vanish. It's price will be based on future and already deployed institutional $/interest and it's top user adopted protocols and apps. Institutional money is scared (moves fast out of speculation on face of uncertainty) and protocols can change to other more efficient pos chains if needed. I will not trust eth as much as I do now, is my unasked 50c. Ty for the video Elliott!

  2. let me list the very positive macro events lining up… Ukraine coming to an end. Oil prices dropping which leads to less inflation and lower interest rates. The DXY (dollar index) dropping from these incredible highs due to lower interest rates and many nations moving away from the dollar, these events will be a huge factor in crypto's rising as well as the fact that the correction was certainly more severe than deserved ..

  3. BUY BUY BUY …THAT IS WHAT ALL INFLUENCERS WANT Y O U TO DO … FOR A NEWBIE… DON'T LISTEN TO ANYONE AND ESPECIALLY NOT ON TWITTER OR YOUR TUBE… DYOR AND INVEST BASED ON YOUR RESEARCH NOT THAT SOME YOUTUBE GUY IS TALKING ABOUT… WE ALL KNOW AND CAN SEE ANY INFLUENCER VIDEO 9 MONTHS AGO 100K …200K… AND EVEN 300K HAHAHAHA PERFECT FOR SAME THOSE GUYS WHO ARE NOW SELLING T H E B O T T O M ….. PEOPLE PEOPLE PEOPLE W A K E UP AND DO GIVE THEM YOUR HARD-EARNED MONEY… TALKING FROM EXPERIENCE…EACH ONE WOULD SELL YOU DREAMS… STAY SAFE AND SANE NOT WITH HEADS IN THE CLOUD…

  4. I read that vitalic commented that he thought the merge would fail. Is that fud? Yeah I want all you got on the merge. My Eth is on a hard wallet ledger. What do I need to do?

  5. If Eth wins the world loses. You have to be living in a crypto mcmansion to think the world wants NFTs or the next digital snake oil cryptos salesmen start peddling. This is a space for degenerate gamblers without empathy or accountability

  6. Eth merge and seems all good till now!! Thanks for the video!! Though currently I m using wallet be algorand as it the most secure blockchain!! Its is fast, efficient, secure and mostly importantly its green. Got a massive community and ecosystem.

  7. Couldn't have said it better myself. Had to laugh cuz I just had to tell a friend the same thing. He was thinking about jumping in head first into ETH.

  8. I believe there is no doubt ETH will flip bitcoin but ETH will soon be flipped soon after for there are coins with much better utility than ETH, most ETH maxis out there bought ETH EARLY so of course they will say everything positive about it. There's so many coins out there that are much more efficient and provide greater utility than ETH does. If you want to 1000x your profile dont go ETH leave it for the MAXIS that have been in it since it started and find yourself one that's a sleeping giant ready to awaken and throw your ass straight past the moon.

  9. This is torture I was gonna buy 5 eth when it was at 1k but instead I shorted Bitcoin and lost all my money I’m so upset I really hope it goes back to 1k

  10. my friend, it’s all fomo! ETH tech is not the asset everyone wants to tie their chain to, it’s just all that was available! unfortunately for the maxis, that is no longer the case….

Comments are closed.

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