/biz/ - Business & Finance

>>15159779
Lost everything

bitcoin dominance soaring to 70% for the first time in years. YIKES. the bitcoin maximalists are starting to become unbearable

>>15159833
Its already 70+%. The problem with coinmarketcap is that it includes all altcoins even stable coins. Its the lazy way of computing the dominance since you don't have to filter stable coins.
https://www.tradingview.com/symbols/CRYPTOCAP-BTC.D/

>>15159779
>don't sell the bottom goys

why is this coin doing so bad

>BTC currently at 70% dominance
>ETH currently at 7.9% dominance
Muh fucking flippening. Imagine buying every dead cat bounce from 0.07, 0.04, 0.03, and now 0.02 thinking "there's so much FUD its a buy signal" and getting fucking cuked every single time.

>>15159833
it's not about one or the other being better. Most of us hold them both and many more. We justy realize that now is BTC season and then ETH will be next. Both groups miss the big picture that there's a reason to this madness. It's based on BTC supply cuts

HahahhahahahahahahahahahahhahshahahahahhaHhahaHhaHHHHhhahahahahahahahshs

>>15159779
Eth will have the last laugh. All the maximalist gloating is a buy sign.

>>15159912
Because it's a sõycuck scam

>>15159955
>alt-season soon™
Just imagine how many new bagholders there are because of people thinking that alt-season was near at 0.0235 ETH/BTC. This kind of thinking will get you JUST'd beyond your wildest belief

>>15159912
Inflation, big supply. Holders keep spending on alts, smart contract dapps and deflationary tokens. The type of people who bought ETH in 2017 are the type to spend ETH on other alts. Just like how BCH forking was inevitable because, forkers gonna fork.

>>15159989
This guy is right, I rolled the dice around .023, obviously didn't work out, shitcoin let me down and now I deserve these bags

BEDENTRALIZE EBREYDING, GLOWBALL STUPER COMBUTOR

>>15159971
>b-but m-muh FUD i-is a b-bu-buy signal.....
See this >>15159940 buying because of FUD at 0.04 0.03 and 0.02 is a dumbass move. You ETH bagholders literally sound like SJWs

Unfortunate that many in the ethereum foundation and larger community are anti-white racists and communists.

>>15159779

> Unknown inflation model. Has been changed, can be changed at any time

> POS has tanked the price of every coin

> Risky Tech upgrade

> Hyprid POS/POW model will be contentious involving higher inflation to satisfy both parties

> No more scam ICOs to support price, enter scam DeFi meme with 20% interest rates and risk of liquidation when ETH tanks again

> Risk of ICO scam dumps and 72 Million premined ETH dumps

> Price has been tanking for over 2 years now. $390 in June when BTC was $2,400 at .15 BTC ratio


This is how much you can trust ETH monetary policy. Vitalik also claimed it would take a century for ETH supply to hit 100 Million:

> approx ETH supply 95,912,556 time 2018-11-03

> approx ETH supply 98,562,556 time 2025-10-02

> approx ETH supply 101,212,556 time 2128-03-20

https://www.reddit.com/r/ethereum/comments/5izcf5/lets_talk_about_the_projected_coin_supply_over/dbc66rd/

There has been a 30% increase in supply in 3 fucking years!

eth continues to build the layer that all these cuck projects will have to connect to with muhh faster tps or interoperability like cosmos

more and more eth will also be lost in scams forever just like the early days of BTC. then there are dapps and defi and all this other stuff that eventually there will be a supply squeeze

ethereum still sucks so $200 is a fair price but once it has everything figured out and switches to pos it will moon to $2k easily and then $10k just like btc

let's be honest btc will hit $1m when we get bakkt real futures and will drag ETH to at least $10k by this alone

this eth/btc ratio will correct one day

>>15159779
>USD and BTC values don't reflect utility

wow it's almost as if the crypto space is fucking retarded and pumps scams and vaporware instead of being rational. cream will rise to the top in the end

>>15160105
>let's be honest btc will hit $1m when we get bakkt real futures and will drag ETH to at least $10k by this alone
Textbook bargaining phase. I guess depression is the next phase. Also nice reddit spacing, go back to r/ethtrader aka bagholder support group

>>15160131
>reddit spacing

easiest way to spot a redditor, dead giveaway. the "reddit spacing" meme was invented by the only ones who knew what "reddit spacing" was: yep, you guess it, fucking redditors such as yourself. You absolute faggot.

>>15160222
trips confirm: >>15160131 you're a huge fucking faggot and a redditor. Until you get trips, you need to change your name from Anonymous to "Redditor" as your badge of shame. You're a huge faggot and a coward if you don't.

>>15159779
>ETH
stupid fucking shitcoin is ruining my life

>>15160228
> Until you get trips, you need to change your name from Anonymous to "Redditor" as your badge of shame.
Even if you roll quads suddenly, its still not going to save your heavy ass ETH bags from tanking. The absolute state of you faggots

>>15160270
oh look, the coward didn't do it AND got singles

pathetic!

I don't own a single ETH by the way, faggot

>>15160323
>>15160228
>>15160222
>>15160127
You are mentally ill and will die alone. I really wish I could find you and kill you and your family

>>15160401
No you don't, they have a purpose here just like you do. Realizing this, don't lie about such repulsive nonsense.

>>15160028
>Vitalik also claimed it would take a century for ETH supply to hit 100 Million
will not go far above 100 million.
far above he says
120-140 million effective cap is in fact not far above
therefore, vitalik is correct.

If you're not only holding ether at the moment, you're in for a rude surprise.

>>15160401
>You are mentally ill
>I really wish I could find you and kill you and your family

yeah buddy, I'm sure that I am the mentally ill one in this situation

buy eth on aug 25th, thank me later... also sell on october 15th

>>15160131
i've been on 4chan since 2005 and never had a reddit account

nice try though fag lol

>>15159833
Probably because we're right and always were right, and now the market is beginning to prove it. Get fucked, faggot.

Please gentleman let's not get into personal arguments, this thread is about how and why eth is going down to homo-goblin town.

>>15159779
All this fudding just means a moon is incoming. just like last time around.

>>15159779

I was pretty hyped about ETH until i researched deeper into the ETH 2.0 stuff. This shit won't work the way people hope it will. In fact i will be extremely surprised if there's a functional ETH 2.0 chain (not just one-way-staking) released in the next years. I guess large investors already figured that out.

>>15160856
>This shit won't work the way people hope it will

can you expand on that

>>15160856
What fucked me about eth2 and reading about sharding is its literally the same approach as threshold signatures... like.. cmon what the fuck they cant really be relying this much on CL to fix their issues can they

Ive sense consolidated i only hold 2 coins now.

>>15160856
You've done research on a project about a sharded smart contract platform with a finalization chain whose specifications are yet to be finalized, you were also able to completely understand it and why it won't work and still you're just repeating the same memes every zoomer repeats daily on 4chan about ETH... Sure

>>15161000
Lololol CL shill throwing buzzwords around, what a surprise

ETH's switch to PoS might not work.
Some other smart contract platform might take the crown.
Maybe smart contracts just don't get adopted at all.

So much to go wrong. I have no idea why people gamble with ETH when its certain that Bitcoin will break the old ATH once we get close to the halving.
If by then you still believe in ETH that would be the moment to sell BTC and buy your pedo coin at a ratio below 0.01.

Meanwhile BSV can do everything that eth wants to do....But yeah fuck Craig and his scam Coin.

>>15159779
This will see $100 testing in the next 6 months. We're in for some bleed. Use TRV as a hedge. Screencap this.

>>15159971
based retard