/biz/ - Business & Finance

Current ETH emission 15k per day
>Current burn at historic low gwei due to fed raising rates 1k per day
>Current emission 14k eth per day
>to maintain a price of 1700 eth needs 23.8 million usd per day

>Post merge miner selling pressure disappears
>Staking removes coins
>Post merge emission 1643 ETH per day
>Burn at historic low emission 1k eth per day
>Only 643 eth entering the market per day while there is still pre merge 23.8m usd fiat injection per day into the ecosystem at historic low usage
>But those 643 eth inflation per day are not being forced to be sold due to 0 electric costs
>The 23.8m fiat entering the ecosystem at minimum per day will have to bid for around 300 new eth in our current historic low usage

This mean that with current daily fiat injection and historic low gas feees we would be talking at a 15k usd per eth in the worse scenario.

If usage is to 2019 levels we would be talking at 30k per eth

if usage is at 2020-2021 we would be talking at 100k per eth if not more

Meanwhile every retard on tradingview is fuding like there is no tomorrow to buy more and it's showing.

10K is insane fud for eth, even 30k seems conservative.

Why is there so much fud now when anyone can check this math?