/biz/ - Business & Finance

yeah it's called fagot vitalik fucking around with the DAO and no coin cap

One of two options. BTC demand is fake or ETH just doesn't have it anymore and is on the decline. Only one of these is correct.

>>13866186
actually it's both halfl and half

>>13866186
I thought about buying ethereum now
bad decision?

>>13866219
>i thought about buying ethereum
t. brainlet

bull flag on the btc ratio for what it's worth

>>13866137
It's almost like the price of ETH was pumped to ridiculous levels by all the scam ICO's

>>13866298
this man's almonds have been activated

>>13866298
That's all it was good for. Totally crippled by a kittie trading app. Watch Fantom run crypto kitties like it's a fucking joke while also running whatever dApps eth has going without every stuttering.

First mover advantage matter for a POW coin like Bitcoin when the accumulated network hash gives it value as the most secure blockchain and store digital value.

When it comes to the platform running the world economy, smart contracts and dApps the tech must be able first of all, support the demand. Has anyone not realized that maybe the reason we havent had dapp or blockchain mass adoption is that ethereum just can't support it? These thousands of ETH ICOs unable to effectively roll out their solutions waiting for ETH to scale.

Guess which platform will be able to welcome them all with minimal to no effort?

>>13866381
Soon

>>13866137
April 2018: hybrid PoS "imminent"
May 2019: yeah sorry we scrapped that at the last moment. Hybrid PoS mayybe in 2020

>>13866298

Exactly this. Also most of the good projects are leaving ETH for better platforms because ETH can't and will never be able to scale. It was a good experiment that taught the other good quality platform how to really do it. Only way is down for ETH.

>>13866996
>Also most of the good projects are leaving ETH for better platforms
list two

this thread is designed to manipulate public opinion

>>13866137
ETH always trails BTC.
> April 2018: BTC is $8700, ETH is $800
We were heading down, ETH was just trailing.
> May 2019: BTC is $8700, ETH is $264
We're heading up, ETH is just trailing.

>>13866186
You dont understand the whole market. There are a lot of normies and business suits blindly just buying BTC because of the name (secure, most stable, long hidtory, well known...)
The demand isnt fake, it's just plain dumb money.

Blocks are right now grinding against being 100% of the time full. Any more outside interest coming in to crypto and making BTC transactions and we'll have reached the fabled fee market with ever increasing tx fees.

literally even a noname NON CODER with a business/philosophy degree knows what to do with ETH than vitalik does

>>13867014

There's a dozen of good projects that already switched to BNB chain and a lot more is to come. The only reason ETH was big was because of the ICO's and now quality ICO's are pretty much all gonna be done on BNB.

BNB and TRX both left ETH and are in the Top 10 and actually have some usage on their platform unlike ETH which have a unusable platform due to high tx fee and time.

>>13867062
rationailty like this is rarely found in this shithole

>>13866137
Vitalik tweeting about the need of a "store of value" build on top of ETH made me sell my 32 ether.

>>13867102

The real dumb money is in ETH. I give it at least a 50% chance they fuck something up during the POS upgrade. ETH has a long history of fuckups. Then you can pray to Vitalik that you won't lose 100% of your shit.

>>13866137
no pajeet, it does not. the ICO craze is GONE FOREVER. jesus fuck you ETH bagholders are so fucking pajeet tier desperate

>>13867321
>>13867295
>>13867289
Flippening confirmed 2019

>>13867230

bnb bias because of alts, you can't trust the legal framework behind bnb because of the intrinsic cashless operations that are currently in vogue

>>13867295
>>13867321

sandbox garden fight mine is better than yours argument, you're just chasing your wishful thinking high

ETH price goes up when people use it (unlike BTC).

is 100 ETH enough to retire? i want portfolio to hit $1M

>>13866137
Shhhhh, still accumulating

>>13867062
hopefully anon

>>13867393
No.

Is ftm a better investment?

>>13867393
If you wait long enough, yes.

>>13867393

If you put it all in QNT, yes.

>>13866996
They left for equally shitty but easier to scam in platforms like binance and neo. Don't be a stupid faggot.

>>13867230
>There's a dozen of good projects that already switched to BNB chain
no there aren't, they're all shit. I rode bnb all-in from 170k to 420k sats this year on the chain hype, but I'm disappointed in the projects that swapped over, cz overhyped it. All-in eth now.

>>13867393

it will never hit 10000$ per ETH (1 trillons $ marketcap at current supply, which is infinite by the way), you're delusional if you think that's possible.

>>13867062
nb4 prophecy.

>>13867691
> All-in eth now.

>>13866137
ETH is 70% premined

Enjoy your scam, brainlets

>>13867729

muh store of value that isn't even a store of value according to the central bank oh wait one has to be stateless and live off the grid

>>13867695
>it will never hit 10000$ per ETH (1 trillons $ marketcap at current supply, which is infinite by the way), you're delusional if you think that's possible.
>>13867729
>ETH is 70% premined

>>13866186
LOGIC DOESN'T WORK

>>13867289
why?

>>13867289

Bullish af for 0xBTC

ETH $300 by friday

>>13867799
Because I want ETH to be a store of value. To be THE store of value.
SoV is the most important use case a cryptocurrenvy can have. Gold is worth $7.7 trillion.

>>13866381
>Guess which platform will be able to welcome them all with minimal to no effort?
I don't know, ETH has been "killed" by all those ETH "killers" so many times that I'm getting lost.

>>13867351
what? you are totally incoherent pajeet

>>13867886
$1000 eoy

>>13868021
But ETH is as much of a store of value as BTC, minus the security difference due to lower hashrate. Vitalik is an illiterate marxist when it comes to economics. You can't build a store of value on top of Ethereum - it doesn't even make sense. The value is backed by the security.

>>13867351
>in vogue
HAHAHAHA

>>13867230
list two of these projects

Satoshi premined bitcoin and he's a damn legend

Coins that are not premined at all are a relatively new concept (eg Grin)

I remember a year or two ago everybody liked Monero over Zcash, even till today, because Zcash came after monero and was heavily premined whereas xmr wasn't as much if at all

At this point, the inflation and future inflation are the main supply constraints for ethereum

Right now, inflation is around 3%, which is pretty good, not too far from USD inflation and all around pretty good for a pow chain

In the future, the energy requirements to earn eth through staking will be far less than pow, so lower fees could be expected without the grunt work to manually find a nonce. WIth lower fees, the need to generate new eth to pay the stakers would be less than the need to generate new eth to pay miners

With the amount of eth entering circulation decreasing, eth will grow closer to a fixed supply asset like bitcoin, which is still increasing in supply towards its maximum supply

Lower fees and overall lower cost of security could bring challenges, but it could also be a more attractive system once fully implemented

>>13866137
Ether is perhaps the most obvious moon mission. The state of it right now is extremely undervalued.

All in. see y’all at the top

>>13867321
eth maxi here but got to admit the pajeet eth spamming of this last month is not a good look at all

>>13868162

30 billions $ valuation

>undervalued

>>13868162
I'm very bullish until 0.04 BTC and bullish until ~0.052. Wouldn't hold it a satoshi above that price. BTC will eventually leave ETH in the dust.

>>13867289
>Vitalik tweeting about the need of a "store of value" build on top of ETH made me sell my 32 ether
What are makerDAO and dai?

>>13867062
You're right anon. it peaked and dumped after btc.
A full month after btc in fact.

>>13868259
I'd agree Maker is deflationary and therefore a SOV currency

>>13866186
>Only one of these is correct.
lol retard, none of those are correct

c., btc demand is real and ETH is going to moonshoot in the coming weeks back to 0.15 eth/btc

>>13868198

>>13868631
kinda ridicolous how similar the networth of microsoft/apple/google is

>>13868639
Your Point?

imagine what kind of retard you would have to be to be bearish on eth

Get ready for the 60% eth/btc green dildo over the week.

>>13866137
April 2018: BTC is $8700, ICX is $4.82
May 2019: BTC is $8700, ICX is $0.39

Really gets your noggin' joggin'.

>>13866137
Considering altcoins have no purpose or intrinsic value at all 264 usd is a fucking lot of money for a shitcoin.

>>13866269
I hope you’re correct anon, raped in sats