Nostr Web Client

Bourbonic Plague 2y ago

So if it turns out that too many people try to withdraw ETH and dump it, how long before they do another hard fork to throttle their withdrawal queue even more?

Looks like the current limit at current prices is somewhere around 1% of the typical daily volume.

It’s probably going to be much more orderly than I wish and they’ll probably have plenty of time to hard fork and limit things even more if things seem like they are going against them.

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Eth? Dafaq is that?

I’ll just refer to my previous comment on your previous note.

Ethereum is being centrally planned.

Bourbonic Plague 2y ago

Definitely, and the people who stake their ETH with this level of uncertainty and central planning deserve whatever comes.

Absolutely, they should accept the risks they’re taking.

But it won’t be that way, most likely. They’ll ask for more central planning, as long as it keeps pumping their (trapped) bags.

then eth/btc short seems like a no-brainer no?

Bourbonic Plague 2y ago

Yes, I short it every hour by stacking sats every hour.

Anything more exotic than that is something I wouldn’t touch with someone else’s stack.