I don't believe monopolies are a good thing in general, regardless to what they apply. A powerful Ethereum is a good thing in my opinion, providing an alternative to Bitcoin.

I am of the same opinion. The bad impact of the price dominance of one cryptocurrency is blatantly aid this year. Bitcoin has fallen sharply in price and for a whole year all other cryptocurrencies are in the decline of the intervening period. Hard price pressure should not be in a decentralized market. This hides the peculiarities of the development of each cryptocurrency. Of course, even now there are exceptions to this rule. But the fact of the matter is that these are only exceptions. Each cryptocurrency in this market deserves special attention.

Given the current difficult economic situation around the world after several years of the coronavirus pandemic, climate and crop problems, the impact of the Russian war in Ukraine, as a result of which inflation has risen significantly in almost all countries, of course, bitcoin and other cryptocurrencies should now be of increased interest to those who wants to protect themselves from the depreciation of the fiat. So far, it is even becoming a little unclear why we still have a bearish period in this market, when there are conditions for its price growth.

Yesterday, on the southern front, that is, the Kherson direction, the Armed Forces of Ukraine launched a large-scale offensive by the Russians, breaking through the Russian front in several places at once. Yesterday, the Armed Forces of Ukraine advanced up to 27 kilometers, freeing Ukrainian settlements from the invaders. Russia has not yet recovered from the shock of the loss of the 5,000th Liman group, and the Armed Forces of Ukraine are delivering the next blow. We expect good news in the south soon. The remnants of the regular Russian army have long been surrounded here, and Putin has no way to help them, since the only supply route is through the Dnieper River, and all four bridges are completely under the fire control of the Armed Forces of Ukraine.

In Russia, there are now global problems of a huge scale, which are associated with the survival of the state itself and are the result of an armed invasion of Ukraine. The cadre army of Russia is practically defeated in Ukraine, so Putin announced a general mobilization without restrictions on the number of mobilized and the time of mobilization. Seeing that this may not save Russia as a result of the brewing riots in Russia itself, Putin is now contemplating whether to use nuclear weapons. Therefore, there is definitely no time for cryptocurrency. If something happens, then rather a complete ban on cryptocurrencies, since they will try to reduce the outflow of capital from the country.

It is difficult to say about this now that they will decide to release nuclear weapons into the air, then why are they gathering people for war. Maybe later they will use nuclear weapons, but not now.

Putin is now very actively intimidating Ukraine and the whole world with the use of nuclear weapons in his war against Ukraine. This is done because on the fronts of Ukraine in the Russian occupation army there is a complete collapse. In the south, approximately 25,000 of the most combat-ready grouping of Russian troops is surrounded by the Armed Forces of Ukraine on three sides, and on the fourth side is pressed against the wide Dnieper River and, without the supply of equipment and ammunition, is experiencing difficulties in everything, including warm clothing, food and water. At the same time, the Armed Forces of Ukraine methodically deliver accurate strikes with highly effective weapons at command posts and concentrations of enemy military forces and equipment.
The encirclement of part of the Russian troops near the city of Liman in eastern Ukraine is also being completed. For a long time, the Russians ignored the possibility of an organized withdrawal and only yesterday they began to form a column already to break out of the encirclement, but the only route for this is under the fire control of the Armed Forces of Ukraine.
The main part of the Russian professional army has already perished on the territory of Ukraine. Therefore, on September 21, Putin announced mobilization in the country for the further conquest of Ukraine. Seeing his defeat in Ukraine, he also intimidates everyone with the use of nuclear weapons. Russia is now playing very dangerous games for itself, and this can end in a complete catastrophe for it.

Russia held an imitation of referendums in the occupied territories of the Kherson and Zaporizhzhia regions of Ukraine and did not hesitate to announce a grandiose success in the desire of the population not to be part of Ukraine. Today, news has already appeared that Putin, by his decree, recognized these parts of Ukraine as an independent territory. Also today, the State Duma of Russia can annex these occupied territories of Ukraine to the Russian Federation. This will mean further tension in Russian-Ukrainian relations. By these actions, Putin is scaring Ukraine that the further liberation of these territories by Ukraine will be regarded as an attack on Russia and that Russia, in this case, will protect them by any means, up to the use of nuclear weapons.

[ Signature Report ]
Week 02: Sept 23 - Sept 29
Post Links:

01. https://www.altcoinstalks.com/index.php?topic=280239.msg1398996#msg1398996
02. https://www.altcoinstalks.com/index.php?topic=264997.msg1399179#msg1399179
03. https://www.altcoinstalks.com/index.php?topic=159321.msg1399311#msg1399311
04. https://www.altcoinstalks.com/index.php?topic=280493.msg1399692#msg1399692
05. https://www.altcoinstalks.com/index.php?topic=280624.msg1399806#msg1399806
06. https://www.altcoinstalks.com/index.php?topic=191758.msg1399000#msg1399000
07. https://www.altcoinstalks.com/index.php?topic=272058.msg1399187#msg1399187
08. https://www.altcoinstalks.com/index.php?topic=242375.msg1399314#msg1399314
09. https://www.altcoinstalks.com/index.php?topic=280531.msg1399693#msg1399693
10. https://www.altcoinstalks.com/index.php?topic=254512.msg1399812#msg1399812

This is quite natural. Ethereum successfully switched to the PoS algorithm and the miners were left without work. The new ETHW fork will not replace the old ETH, since its price is very small and will not even pay back the costs of the miners yet. But the update of the ethereum network took two years, and the miners had enough time to prepare for this event.