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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Top Ticking Trump?

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Most of you heard the news that one of the President’s grift, Trump Media (DJT) announced borrowing billions of dollars to buy Bitcoin, just like Michael Saylor.

Interestingly, BTC’s lifetime high from a few days ago remains intact, and the coin is slipping somewhat on the heels of this news. By no means am I claiming that a one-day slip shows what a bad choice this was, but let’s just say there isn’t any follow-through thus far.

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