Anyone planning to trade/speculate the Ethereum Merge event?

I have a futures spread, hoping it will flip into contango from backwardation.
I plan to dip into some longs over the event, but I'm betting there will be some volatility and a sharp pullback

Gonna get longer on the post-dip. ETHBULL is my golden ticket.
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Decided to go long perp futures 20x and not trade it anymore

Will sell before the Merge is activated. May even put a short position before the Merge event

Another possibility is getting liquidated. Not going to add any additional collateral. This is a defined risk play

Good luck on the ETHBULL, very interesting price history
 
This morning I woke up with more dividends in my Roth/TFSA. RioCan (Canada's 2nd largest REIT) paid out dividends last night, and also the ETHY ETF which includes wrapped covered-calls paid out its monthly distributions last night too.

Once again, I only bought up more REIT shares this morning, nothing else. The more REITs go on fire-sale prices, the more I'm going full bore into them. 10% APY on securities that are selling far below NAV is a low-risk/high-discount that never comes along except for rare times like this.

"Thanks Biden!"
 
johnarb said:
Decided to go long perp futures 20x and not trade it anymore
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NFA

Closed the Eth long perp futures 20x for no profit

Position was in profits for most of the past 3 days, but price action has been weak since yesterday
 
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nekogami said:
You are missing an important player: oracle. Without support of chainlink, lending and AMM protocols will collapse and so will the prices of all assets. It will be extremely cheap to do 51% attack on gov tokens to steal all the funds from liquidity pools.

Additionally, do you think there is enough liquidity to handle the massive dumping pressure of these tokens on the old chain?
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Hope this is legit

upload_2022-9-14_10-26-51.png
 
NFA

I started loading up my bag on ETHW today @ $5.xx

@RedDuke

If you liked Ethereum last week at $1,700 each, you will love it today at $5 each. ETHW is the same Ethereum and blockchain technology as last week

iykyk
 
I'd like to say, that for now I'm out for the count on crypto for a while. But... that's not fully true. I'm going to set my limit-orders for ETH if she hits triple-digit figures again. Biden is just one of many who are helping to make that look like a really good possibility now.

Busy looking at the media tube... seems today Goldman projects BTC to 12K now.
 
johnarb said:
NFA

I started loading up my bag on ETHW today @ $5.xx

@RedDuke

If you liked Ethereum last week at $1,700 each, you will love it today at $5 each. ETHW is the same Ethereum and blockchain technology as last week

iykyk
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Can you explain a bit more? Why is wrapped ETH so cheap? Are u saying that at some point with ETHW will match the ETH price?
 
Decentralized, eh?
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It was done by a vote. Isn't that decentralized enough? Originally, PoS was supposed to be pushed back and only carried out AFTER data-sharding was completed.
 
It was done by a vote. Isn't that decentralized enough? Originally, PoS was supposed to be pushed back and only carried out AFTER data-sharding was completed.
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Who would vote against Vitalik and friends? Who can outvote them since they control majority?

Anyway, NFA

But.... what is more likely in the next 6 months, Ethw going 10x ($50/ethw) or Eth going 10x ($13,000/Eth)?

High risk on Ethw, definitely... but high rewards as well

It's got defi already, kyberswap and powswap, with yield farming

Once the bridges to other EVM-chains are activated and it's being traded on BSC/Pancakeswap, or Fantom/Spookyswap... the price can shoot up

https://kyberswap.com/swap

https://app.powswap.io/#/swap?chain=ethereum_pow
 
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