/biz/ - Business & Finance

>>51620576
I understand the logic here. One BTC costs X dollars to produce so miners aren't willing to sell below that unless they absolutely are forced to, thus holding up the price. That price thesis has existed since before BTC was worth even a penny. It fails to account for the network effect that BTC has accrued over its lifespan and that is the thing which is driving this exponential rise in price the past ten years. ETH has lost the miner hold thesis but has aquired the network effect. So while ETH stakers only pay pennies to produce an asset worth a thousand dollars, they are only rewarded with one cent worth of ETH every block (currently). The network effect is bolstered by the apps built on top of it. So while BTCers want to believe that ETH will dump to the price it takes to produce, it's not going to happen, not even in a bear market.

>>51100070
Everything points to recession bear market. So we pump tomorrow. It's that easy

>>51085815
In your latest videos, you said you dont give a fuck about looks anymore. Was that peak bitch tits speaking and now we have a new person talking to us? Did you realize you don't want to be alone anymore and are working on finding a house nigger fuck toy? Why the change Rocker? Tired of dancing alone at night with a nigger mannequin? I have so many questions