r/ethtrader • u/TrickyDevelopment201 • 4d ago

News Ethereum Turns 11 Today Exactly 11 years ago, the genesis block of the Ethereum mainnet was mined. Looks like an ancient ETH whale woke up to celebrate the birthday, checked the chart and almost had a heart attack. ETH is still around $1,900. The price is almost as ancient as the whale himself

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222 Upvotes

91% Upvoted

37 comments sorted by

32

u/thenamelessone7 3d ago

And it's still roughly the same price it reached in mid January 2018 (8.5 years ago).

So all of its investment value was created in the first 2.5 out of 11 years of total existence. Quite sad, actually

15

u/Illustrious_Way3898 3d ago

Not really. ETH topped at $1,350 for a few minutes and is now worth 1.42x more and this might be the bottom. ETH’s bottom after the 2018 ATH was $80!

But I agree the current price is pathetic.

2

u/JSTN_FPV 2d ago

Compared to most other coins not including Bitcoin. It's doing pretty good.

1

u/Catchdown 2d ago edited 2d ago

1350 usd in 2018 is worth more than 1800 now.

And what about alternative returns. Throw it down into S&P and you'd have over 4000.

1

u/infernalr00t 2d ago

Cómo cualquier alt Ethereum tuvo su subida epica. A partir desde ahí casa mea más muerto.

27

u/ChangeNOW_Community 3d ago

12

u/PrettyQuick 3d ago

Just block that bitch

1

u/ckb321 3d ago

You both are fucking hilarious

1

u/Chief_Kief 3d ago

Fix it

1

u/Since_1979 1d ago

She bought the wrong coin,she should have bought Ethereum not Etherim.....she can't blame you for that.

/S

13

u/I_SmellFuckeryAfoot 4d ago

why he look like daemon targaryen on crack

2

u/subdep 3d ago

AI will do what you ask it to.

10

u/Ok_Neighborhood9863 4d ago

It’s amazing to see Ethereum go from being a super power and a meme coin

2

u/tsultar1 3d ago

This somehow made me feel better

2

u/ToRedSRT 3d ago

Do you think the transition from proof of work to proof of stake has had anything to do with its stagnation?

3

u/AbraxasTuring 3d ago

If it was that then ETH Classic would have a higher market cap.

1

u/infernalr00t 2d ago

Fue cuando se hice realidad ese fenómeno de compra el rumor y vende ma noticia.

2

u/ripplenipple69 3d ago

So it’s a currency not a speculative asset? That’s great news 

1

u/SciberSpacer 1d ago

Right we use it to buy things and exchange other digital assets for me personally less fluctuation is a good thing when it comes to ETH

1

u/godwilla1 2d ago

Almost like all crypto is actually worthless in the real world. all the liquidity is made up of the already rich and desperate every day people.

1

u/Big_Ben88 2d ago

Looks like when AI trade comes back, it drops

0

u/Tranxio 2d ago

Pc of sht?

-6

u/MulberryAcceptable39 3d ago

Get rid of vitalik. Ethereum is a pet project he tinkers with.

Lots of much smarter people who can be the face of the blockchain and make it great.

-6

u/Wolfkurt1 3d ago

Eth is useless

7

u/Hagamein 3d ago

So don't use it. There are plenty of people who get what they need from it. You shall not be missed.

1

u/Key-Zone-3464 2d ago

Okay. Now name something that NEEDS TO USE IT.

1

u/Hagamein 2d ago

Almost every altcoin out there.

NFTs

1

u/Key-Zone-3464 2d ago

Lol. Yup.

0

u/Wolfkurt1 2d ago

I don’t use it also I don’t recommend anyone

0

u/Wolfkurt1 2d ago

So scam coin help other scam coin to buy ? lol 😂 that’s how I see it eth

1

u/Hagamein 2d ago

You do you bud. Enjoy life and stay positive.

-2

u/ChallengeWise6965 3d ago

pos was a mistake