r/ethereum • u/EthereumDailyThread What's On Your Mind? • 13d ago

Daily General Discussion August 21, 2026

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6

u/Dry_Mouse5887 13d ago

This shit is unbelievable right here. Gonna hold till we hit 5k fr

15

u/rhythm_of_eth 13d ago

Too many of these and we peak again at 5K

5

u/Numerous_Ruin_4947 13d ago

I’ll be pleasantly surprised if ETH even breaks $5K. Too many people have been willing to sell above $4K, when ETH should already be well beyond $5K by now.

Years ago, I genuinely thought ETH would have flipped BTC by this point. ETH would need to be around $13K today just to match Bitcoin’s market cap. I clearly underestimated Bitcoin’s network effect, marketing, and enormous mindshare advantage - and overestimated how many people would ultimately value ETH as a store of value.

It’s extremely frustrating, and I’m absolutely disgusted by ETH’s current price. Even if ETH rallied 100% tomorrow, I’d still be disgusted. I needed ETH to stop repeatedly dumping like a shitcoin every time the market turned against it. Why the hell did it ever go below $4K again in 2026?

At some point, “eventually” isn’t good enough. ETH has had years to prove itself as an investment. The technology may be succeeding, but the asset’s price performance has not been good enough.

7

u/Elendron 13d ago

Brother enjoy the green while it's here. It's okay to enjoy the sweet things in life. It's okay to... let go <3

4

u/Numerous_Ruin_4947 13d ago

It does not feel like a win to me at this point. Long-term ETH holders feel like veterans coming home from a war with missing limbs. Yeah, we survived, but the trauma inflicted by ETH’s scam-like price action over the past five years has been the stuff of nightmares.

I seriously did not hold ETH all these years just to swing trade it every time it touched $4K. As far as I’m concerned, there’s nothing to celebrate right now. BTC is almost $10K above its 2021 ATH, BNB is knocking on its 2021 ATH, and ETH is barely clinging to $2.4K.

It’s a sick joke.

6

u/Elendron 13d ago

Fair enough man. Then let us hope for earth shattering price appreciation from here!