/biz/ - Business & Finance

>>11863507
when is casper coming out

>>11863507
Can only post hopium graphs. Nobody knows what is going to happen.

>>11863533
checked

Double. Digit. Shitcoin.

single digit shitcoin

ultimate bottom would be around $30
I doubt it drops below 100 tho

>>11863507
good chamce for 70$. it wont go lower than that

>>11863559
Ethereum is back. Bitcoin is obsolete and dead. What you are seeing is a mining crisis happening in bitcoin. Nothing to do with the “hashwar” big miners are going out of business. They are dumping their coins to pay bills and then next year the mtgox coins are released.

Even though Ethereum has crashed too, and a lot of the ERC20 fundraising is being dumped by scams there are actual good pieces of infrastructure arising out of the investment. Ethereum has:

Chainlink
Sidechains
Usdc
Dai
Augur
Lots of weird and wonderful DEXs
Still the best platform for trustless ICOs


And now there are more direct fiat on ramps for ETH there’s no need to buy bitcoin first to buy ETH. The last bullrun was caused by ETH and the next bullrun will be caused by ETH.

Bitcoin is dead it’s a nuclear wasteland now being picked over by pajeets trying to pick up pennies in front of a steamroller.

>>11863567

and why you doubt that ETH wouldnt drop below $ 100 ?

ETH has constantly going downwards, and look like continue doing so

so $ 100 is so close now already, when ETH is now $ 125

and if/when ETH hits $ 100, then that might triggered some big selling because its so big psychololigal price thing if ETH sunk below $ 100

>>11863575

what, you claim Ethereum is back???

facts, ETH has no scalability, no Kasper, ETH is so overvalued right now

>>11863507

when ETH hits $ 100, ecpect it drop very quick to $ 50 levels

because when ETH drops to $ 100, its going to be "the emporer has no clothes" moment to ETH and big selling comes

>>11863507
It's all about BTC in this bear market we are now in. Every high altcoin pump and dump is just following BTC: There must be a very big news about ETH, but even the upgrade to ETH 2.0 did not respond in a bullish trend and just follows the dump of BTC.
We will see the massive support at 50$. If this also breaks, we see very soon 10-20$.
There might be a small chance if BTC is going to be in a dead flat line several weeks, that ETH is taking over, but don't bet on this 1% chance.

Couple of of American dollars

>>11863647
Can also work the other way round, but I have to admit that in the current sentiment a further drop is far more likely

>>11863648

very good analysis

ETH is now constant downward spiral, and its going to drop to $ 50 levels when ETH drops below magic $ 100 levels and become two digits coin

>>11863575
I actually agree. What can BTC do that ETH can't? Nothing.

ETH seems to be the only thing that developers are actually building on top of. Everyone in tech that I talked to thinks that ETH is much better than BTC. Businesses are actually trying to test out and use ETH.

I wouldn't even be surprised by the time the next bullrun hits that crypto begins to operate closer to a stock market, and less like how it does today. IE, you won't see one "stock" or crypto in this case, determining the entire momentum of the market. There will be more on ramps for FIAT to crypto and no one will buy BTC. People are going to be much more interested in technologies built on top of ETH.

Bitcoin has nothing but first mover advantage, and it came rediculously close to losing that 2x already in the past bullrun. I'd be very surprised if it isn't flipped soon.

ETH is a fraud. Vitalik will be arrested by the SEC.

>>11863872
>What can BTC do that ETH can't? Nothing
When we talk about a world currency its more about believe, not about real use-cases. If Bitcoin fails, then ETH can take over. But before there will be a huge flat line of the whole crypto market for years. I wish reality is different, but its most only about believing and marketing. Bitcoin was first, has the Satoshi story and everyone knows it. Most media even use it as a term for cryptocurrency. Unfortunately.

Eth is the fuel to the Cryptos
I know TRON is now moving away from Eth and is offering its own platform

there is a lot of pessimism in the market.... Bitcoin can go to 3000-3500 US$ but can not see it going down further! Today the marketcap is at 139,207,215,592US$, and BTC dominance is at 54%! I do not believe this will change soon....

Let's wait and see how the market behaves next year certainly BTC EFT will be a good boost .......

Crypto is still ripening up we are still at the 1995 stage of Internet!!!!!!
hold and by more !!! fortify your position!

>>11863599
negro, you will be shaking when you see it under 90

>>11863872
>>11863934
absolute delusion by ETH bag holders

i cant wait for everyone here to miss easiest 10x ever

>people think eth is dead
this isnt ur ico shitcoin biz, this is the biggest development community in the world. billions of dollars into development. thousands of community devs.

theres ALOT of sell pressure yes, but theres ALOT MORE people on the sidelines.

everyone here wants some eth. dont deny it. you just want to make sure you have the dip right?

what does that mean when we start going up? EXPLOSION

>>11864303
7 dollar shitcoin of the rekted

>>11864303
dude cryptocats blew out ETH's model
it then decided to become a centralized piece of trash to host literal scams and ponzi schemes

>>11864308
you know the reason it could never be $7?

because i'd literally remortgage my house and buy 10000 eth at $10

and trust me, so would everyone

>>11864323
that will be ok
JUST don't do it at 90 80 70 or anything over 30

cryptos are the new .com crash

the product and applications haven't consolidated yet

>>11864322
cryptokitties didn't blow out eths model

eth has always been about PoS, PoW is shit which is why it got clogged.

also kitties is best mainstream adoption crypto has EVER had.

eth will lead the forefront of 1995 internet

>>11864339
>pow is shit
Kek. Clueless

>>11864339
regardless of pow/pos you will never have enough money to verify the network through a validating node
ETH's model ruins the purpose of a blockchain

>>11864339
POW is the only thing that keeps ETH afloat, PoS and it goes to the single digits

>>11864303
Quality cope, but no, we don’t want shitty ass blockchain 1.0 eth. Even neo is a better buy these days

and don't say oh sharting will solve this because it won't it's a convoluted method to obscure the centralization similar to your non-validating nodes that show up as nodes in a search it's false data
2nd layer is the only way to scale and it's already proven difficult on a simple blockchain like bitcoin it won't happen on something regularly loses funds due to exploits and bugs like ETH

Ethernet? Isn't that a network protocol?
Anyway wouldn't invest since we all now that the internet has no future

>>11864393

>regularly loses funds due to exploits and bugs like ETH
glad ignorant people like you are missing out desu

(thousands of websites get hacked, does that make the internet a bad idea?)

same with eth, its stupid dapps with bugs not ETH.

>>11863575
based

>>11863934
>>11863934
world currency is unlikely to come about because people just decide they would like to start using it for no reason, there has to be some incentive to make them use it. BTC as a means of payment gained steam because it's what cyber drug dealers accepted, this is the most mainstream use case it has ever had. if a coin can be the best way to buy enough of what people need then maybe it is on the road to a genuine world accepted currency

>>11863575

Ethereum is back?

what are you mean?

new day and new lows to ETH

now $ 123

>>11864404
ETH foundation changes the protocol to recover funds if they personally lose money
ETH is a centralized token is not money it's not valuable and idiots in this thread are trying to say it will flip bitcoin
that's a joke

>>11863507
$80-100 sounds about right. $7 worst case scenario, but unlikely.

>>11864434
Where are you getting these numbers from?

>>11864432

that picture is so 2017

now there is new better platforms to replace Ethereum

>>11864393
Ethereum 2 is much more than sharting
The NWO have chosen Ethereum
https://youtu.be/K7Ip8za9yS4

>>11863507
We're in free fall right now, all local support has been destroyed. Next support is $100, then $50. $15 is where you load your bags.

>>11864443
Charts ($7) and my perception of people's willingness to invest in eth if it falls below $100.

there are 2 different kinds of people
the ones who follow ETH and don't question their leader
and the ones who follow BTC and are always arguing but find consensus in the simplest way possible

>>11864502
Hes seriously not a bad leader

>>11864489
>The NWO have chosen Ethereum
of course they will choose a centralized token that they can control

>>11863934
> tfw when LINK will be the next catalyst of a bull run with contracts in the real world and ETH is the network that runs it all
it will flip btc more a matter of when and all thanks to Sir Nazarov

>>11864502
Or the third type: Those who invest in a blockchain that has built-in governance protocols so that this retarded shit can't happen and fuck everyone over.

>>11864508
he is an unironic post structural marxist. He is unarguably the worst leader

>>11864443
this. obviously all crypto is hilariously overvalued thanks to the Golden Bull Run, traditional valuation methods put all crypto at zero, never on this board have I ever seen a literal pricing method to say otherwise aside from street shitting.

>>11864517
Get lost putrid eos shill.

>>11864502

yes, seem that Ethereum is like religion or cult to some ETH holders

>>11863507
>without muh double digit shitcoin
>proceed to predict $80 shitcoin status

>>11864523
You could have listened

>>11864518
I don’t think you can pidgeonhole him quite that easily. If he was a bad leader there would be more arguing no?

>>11864517
the larger the governance model is the more it can be exploited

>>11864508
>>>/reddit/

>>11864502
Holy shit is that Sergey on the front row?

>>11864536
Looks like it’s on the verge of crashing.

>>11864539
Every blockchain has a governance model. Some are hidden and brushed under the rug until something bad happens (e.g. ETH hard fork, BCH) while others are well-defined and known to all. Anarchy on the blockchain can't exist. Power vacuums will always be filled.

>>11864553
Keep telling yourself that as your ETH bags go to $15

>>11864517
This. Biz just can’t see it yet

>>11864568
The governance system is quite clear, something happens on github and then a group of nerds gets on google hangouts and they come to a “consensus”. It’s really quite simple and efficient. It’s a bit like the Bolshevik policy of vanguardism during the Russian revolution.

>>11864536
imagine falling for EOS, i hope you sell before its too late

>>11864618
I "fell for" the only blockchain that anyone actually uses aside from STEEM, and one of the best performing coins of the past year. Poor me.

> i hope you sell before its too late
Says the guy who's been holding ETH since quad digits and still doesn't see the writing on the wall

>>11864637
Based. Besides steem is also larimer. So the blockchains that are actually used larimer’s. Reddit has a massive hatred for eos and they are a bunch of ignorant npcs. You disappoint me biz

>>11864637
bitconnect was very well performing until the end.

EOS has no uses, only gambling ponzis (yes dividends = ponzis).

i hope you dont get rekt too hard when it begins

>>11864537
read his twitter and market sell all your meth

>>11864637
I'm researching EOS right now
who are the "block producers" in EOS?

>>11864637
> I "fell for" the only blockchain that anyone actually spams
ftfy

>>11864678
/biz/ is 50% r/cryptocurrency refugees. Also, pic related. Larimir blockchains account for 80% of all blockchain usage. He's the only one who figured out how to make products that people actually want to use.

>>11864701
>EOS has no uses
Meanwhile pic related.

>profit sharing is a ponzi
I don't think you know what that word means.

>>11864713
Absolute cope

>>11863507
If BTC dips to $1000, I think ETH will flip it and moon high AF. Meanwhile, $10-20 could be a bottom for ETH

>>11864724
absolute cope of not reading what i actually wrote, fucking kek you're desperate

>>11864738
>people using using smart contracts as intended is spam
Why don't you just go on back to plebbit

>>11864724
lol they're all shitty ponzi token casinos

>spam tx using bots to gain tokens

:hmmmm:

>>11864749
hahahahahaha its fucking spam you brainlet

if stake holders choose block producers doesn't that mean the rich makes the rules in "governance"
PoS will fail on a large scale it's too easy to change the rules

>>11864709
You might find this interesting:
https://medium.com/p/8a4944c45e61

>>11864754
>ponzi
Again, I don't think you know what that word means.

>>11864760
>I-it doesn't count because I said so

Jesus you guys are braindead

>>11864724
>list of ponzis

This is the fud they use against ETH but eos are 10 times worse for outright ponzu schemes

>>11864597
Would require an iq in the triple digits.

>>11864773
my god youre stupid

>>11864760
Spam implies that the transactions have no purpose other than to create fake volume. As I understand it, people are making money from mining these dividend tokens, which means the transactions hold value.

>>11864787
>dice roll games are ponzis
Where did all these plebbitors come from?

>>11864393
nigga we already have second layer. what is loom? what is poa? what is elph? do you know any of these names without googling?
it's hilarious to see your type, always ranting about cryptokitties from the sensasionalist msm headlines you read last year. whereas the true story is: CK prompted rapid network increases, and now we have about 20x more computation on the network for less costs
you brainlet "hodlers" are literally incapable of independent thought. as a dev i'm just using the best tool available. right now it's ethereum, and tempting as it is to profit from the eos/tron hype they're just not serious competitors unless you're running a scam

>>11864796
not understanding its the spam bots who have all these tokens staked to carry on gaining more tokens, one giant ponzi feedback circle

>>11864809
This makes no sense because it wouldn't be profitable for them. Their dividend payouts come from house profits, and the house only profits when they lose bets. They would essentially just be paying their own dividends plus everyone else's if they were doing that

I think 60 is really a last stand for eth.

>mfw I see brainlet bragging about performance of his shitcoin on ETH pair
>mfw he doesn't realize it's only because ETH has been dumping
>mfw all coins on ETH pairs are rising when ETH dumps, look at XRP, XLM, etc.
>mfw he doesn't understand basic math: if divisor decreases, dividend needs to increase to keep the quotient
>mfw he uses Binance chart which treats $ = USDT which further boosts the fake gain on ETH pairs because USDT is under $1

muh EOS gain

>>11863507
>80-100
that's about right

>>11863507
realisically 60-80 probably bottom but i wouldn't be entirely shocked to see 20-40 either

>>11864809
Imagine being so dumb that you don't understand how profit sharing works

>>11864805
literally centralized permissioned garbage

yo dawg we got a token on top of a token so you can buy more shitcoin token to trade cryptokittyponzi

$66

>>11864849
>under 96 rollbots
no thats just a ponzi spam

once they cant sell the tokens for more than the +ve they move onto next dapp

fad will end and EOS transactions will tend to 0

>>11865141
>once they cant sell the tokens for more than the +ve
>+ve
Do you mean +ev? Because it's never even close to +ev to mine and then market sell. If I'm wrong then why don't you go get some free money right now? They only make profit if volume sustains and token price increases. They can continue making profit as long as there are tokens to be mined and people keep using the platform. There sure does seem to be a lot of economically illiterate brainlets on /biz/ who enjoy talking out of their ass

>>11863507
https://www.quora.com/Is-Ethereum-dead-The-price-is-going-down-crazy-why-is-that-What-happens-to-the-tokens-if-ETH-is-dead

There are people who think it's dying because of the Mt. Gox dump of BTC, causing people to fearfully sell their ETH in exchange for BTC so they can cash out completely.

>>11865380
The Mt. Gox thing actually makes sense

>>11865380
This nigga knows

>>11864804
>Muh useful dapps
>dice roll games

>>11865411
Besides all of the ICO scams, this is the only reason the crash is as bad as it is.

>>11865455
>he doesn't see a huge untapped market for unregulated online casinos
/biz/ will never make it. Ever.

The bottom is at 80, so why cant i spam "double digit shitcoin"? its a double digit shitcoin

>>11865485
>im bullish on eth because it is a platform for illegal casinos

imagine having the shitbrains of this guy

>>11865528
>eth
Imagine not being able to read

>>11865595
you can put any coin instead of eth in that sentence. if youre bullish because there is an untapped (i wonder why its untapped) for unregulated (illegal) online casinos, youre either a brainlet or a teenager gambling on these platforms with pocket change and dont understand how the world works. try cashing out big sums and try to explain to your bank where the money comes from.
>inb4 muh localbitcoins
have fun getting raided by the feds