Newsletter #308 - Caught Holding the (ETH) Bag

Hi Shitcoiners,

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Another spicy week in the books. The timeline has been flipflopping between bullish and bearish. You are a fickle bunch. It might be time for some external assistance.

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It’s not looking good for our hobbies.

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Are you an Ethereum community member anon? If so, you may have thought on multiple occasions that you had finally caught the generational bottom. Unfortunately, the ETH/BTC chart tells another story.

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Ethereum has been catching a lot of heat this week and the Ethereum Foundation haven’t been filling us with confidence. That’s a fairly sizeable chunk of change!

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People take grants and salaries from the Foundation and won’t accept crypto? RIP.

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Vitalik wasn’t filling bagholders with confidence either. His new girlfriend must have expensive taste!

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Choose your champion.

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Vitalik wasn't popular this week.

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Some Ethereum holders want a leader to lead them into battle. That leader will probably not be Vitalik. Hayden thinks it’s not Vitalik’s job to pump your bags…

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CT was busy shorting the speculation that the Ethereum leadership don’t care about you.

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ETH has officially reached a new bottom.

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We always like to hear what the Steady Lads have to say. Tune in to their recent episode with Kain from Synthetix.

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Not everyone likes a podcast about ETH though.

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With Durov under arrest, the TON price took a hit. It also experienced some downtime. Is the whole chain running on Durov’s computer?

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Speaking of missing founders, Charles Hoskinson went AFK and CT turned into a frenzy.

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He’s allegedly not dead. However, it’s worth keeping in mind how far deep fake technology has come in recent months.

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Is anyone trading NFTs anymore? OpenSea received a wells notice. Remove the NFT profile pictures with haste!

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Gary is in the arena.

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Your milady is supposedly a security. PFP aficionados are in disbelief.

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This isn’t a security sir, this is art.

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It’s not only the US who have eyes on the space. News broke this week that the Binance was seizing funds from Palestinians following instructions from the IDF.

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4, supposedly.

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Life is a pyramid. The heirachy of crypto projects is no different.

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Kole is the new Capo. This man is max shorting.

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Jordi had some harsh words to share with him. Bigger fish are trapped. Get out before you ruin yourself.

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Boss, defeated.

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Martin Shkreli has also been defeated.

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We round this off we a philosophical conundrum. Where does reality come from?

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That's all for now. We will see you next week.

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Team Shitcoin.com