The past week in the DeFi ecosystem saw major developments centered around the Ethereum Merge. CoinGecko Co-Founder Bobby Ong recently took to twitter to suggest removing all liquidity from DeFi protocols in order to take advantage of ETH PoW Token airdrops. Combined with max ETH borrow utilization, min liquidity everywhere, bridges turning off, exchanges halting deposits/withdrawal, exchanges possibly going down from load, and high gas fees… could we see one of the most chaotic weeks in the history of crypto?
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#ethereum #crypto #Bitcoin
~DeFi Doomsday | Ethereum Merge Liquidity Crisis Coming?~
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19 Comments
Hi Paul
Too risky to hold any substantial eth. Sounds like a lot of things can go wrong here. I’ll only consider re investing when things are up and running properly with no hiccups.
If you hedge 70% eth and 30% on sol/ada/matic you should be hedged against any severe adversity.
Reminds me of the Y2K bug of 2000
I HAVE INCURRED SO MUCH LOSSES TRADING ON MY OWN…I TRADE WELL ON DEMO BUT I THINK THE REAL MARKET IS MANIPULATED… CAN ANYONE HELP ME OUT OR AT LEAST TELL ME WHAT I'M DOING WRONG ?
Don't want to sound like a typical California Hippy with my conspiracies but is it possible the stock market crashing before the merge…is the top 1% pulling out there liquidity in the US stock Market.coincidently just more then the crypto market cap…so when money eventually comes back(because it didn't dissappear.someone cashed out somewere) gets reinvested in crypto instead of the stocks..and take over the crpyto market to the top 1% with the merge right on time with a crypto on discount…perfect storm? In the meantime USDC beeing so friendly with Solana..Solana making a "crypto phone" that's just android software with there added features(witch you know governments will track harder then regular phones) opening stores without regulation troubles that other chains have, and acquiring HNT..Solana=Big Brother? Banks feared ETH..it was in its own lane. But with the merge ETH switches lanes to me is a sell out on Authentic decentralization for the big bucks of the 1% with PoS. And I'm not even a miner. In a few years when they come out with something that makes PoS obsolete(because don't underestimate the speed of technology)..is Vatalik going to change it again and bandwagon again? While smooth talking another anticipation. He means well originally but do understand Vitaliks intellectual value was always sought to be controlled by governments worldwide and has Been in every possible capital building except the Vatican..think mcfly's. ETH & SOL biggest competitor Avax Conspiracy just on time. I can go on…
@Paul Barron Network I love the stand that you use for your Ipad. If you don't mind telling me, what's the brand? Thank you for all of the great content BTW :)!
Paul is simple just send it to your metamask and dont move it and dont conect your metamask to any app
Should start to manage yourself away from usdc, ada, ftx and stellar. There link to the WEF is dangerous and SBF is a snake.
How can they ETH be decentralized when AWS hosts >50% of their validators? AWS can just go like: "Sorry, we no longer allow crypto platforms on our servers…so sorry, you gotta go".
You need a new I tro that looo nnnggg is no good
PLEASE PAUL COVER HNT IS VERY IMPORTANT THAT PEOPLE UNDERSTAND THE CYCLE OF A PROJECT
IS MY SHIB SAFE ON COIBASE COLD WALLETT
Is coinbase supporting the pow tokens from the split?
Proof if work, doesn't work!
Proof of stake, doesn't t wok!
ETH2 another band-aid solution to try and keep it going.
Paul Barron is the man
My life has totally changed since I started
with $7,000 and now I make $ 29,450 every 14 days
Hey Paul, why not move your Eth to a hot wallet like Exodus vs. an Exchange where you don't own your private keys? Just curious. Thanks for consistent your content, love it.
Since Paul joined the $12k btc cult there has been so much FUD on this channel