Slope of Hope Blog Posts

Slope initially began as a blog, so this is where most of the website’s content resides. Here we have tens of thousands of posts dating back over a decade. These are listed in reverse chronological order. Click on any category icon below to see posts tagged with that particular subject, or click on a word in the category cloud on the right side of the screen for more specific choices.

Trapped in the Ether

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Four years ago, Ethereum was as hot as a pistol, and as it approached $5,000, speculation about how high it would go was running rampant, egged on by Raoul Pal who issued many long-dead predictions, including this item from March 2023 which declared $ETH would reach $20,000 by March 2022 “at the latest”.

I won’t endeavor to figure out why an article from March 2023 was offering up such a prediction already one year expired, but crypto bros are weird, man.

In any case, it didn’t get to $20,000, or even $5,000, for that matter. On the contrary. years after the aforementioned bold prediction, $ETH has been ambling around at about HALF its peak value, even with the recent preposterous ascent in asset prices across the board.

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