/biz/ - Business & Finance

>>24037342
>>24037563
Exactly, the supply of ETH increased by 21 FUCKING MILLION from the summer of the 2017 bullrun to today. The price of ETH is almost the same. I crypto because I want scarcity and don't want the supply to increase like that and make virtually no returns.
> https://coinmarketcap.com/historical/20170615/

>>23913109
>ETH, it's just easier to X your money. ETH 500 now at 5000 is 10x. While BTC even at 100k is 6.25x
ETH was @$400 level 3 1/2 years ago while BTC was under $3,000. By this argument ETH should have easily been at $4,000. But there is something called INFLATION where BTC has around 2 million more new coins minted since the date below while ETH has 21 million new coins. 21 million more - think about that. Also, BTC has demand from institutional investors, big money, hedge funds, billionaire investors and of course normies. scarcity+demand is what has made BTC outperform ETH and this will continue unless ETH becomes the fuel in some new digital economy.
> BTC $2,900
> ETH $400
> https://coinmarketcap.com/historical/20170613/

>>23550617
>2014 version
2014 version looks predicted
> $1K 24-04-2015
> $10K 22-11-2017
> $100K 16-07-2021
> $MM 06-09-2026
> https://bitcointalk.org/index.php?topic=831547.0
Not 100% accurate in 2015 and 2017 but close. Keep stacking them sats if it hits anywhere near the 2021 and 2026 predictions, you don't want to not have any BTC

>>21671608
>>21672114
> ren = brings btc to defi
REN is going to do much much more. Liquidity of all kinds of assets across multiple chains and it will include cross chain identity. REN is going to be an essential building block of DeFI and cross chain interoperability

>>21460115

>>20586211

>>20558636