/biz/ - Business & Finance

Yes. 3000 by 2021.

Lets be real everyone. ETH is a joke and it's going back to $75

No. 30 by 2021.

What's the purpose of ETH after the 2017 ICO craze?
Literally nothing, this shit cant' scale, Vitalik is a pedo with autism. All the ERC20 tokens are worthless tokenized startups that don't even need tokens to work and any exchange launched shitty IEO nowadays. so the market is over saturated.

ETH is basically worthless.

>>16392065
Yes. Also 25k by 2022.
Naysayers are either tranny ADA bagholders or delusional maxis

Fantom.

>>16392091
Decentralized finance. You can literally be your own bank. You can loan your coins to other people that want to take out collateralized loans, and you can earn anywhere from 3-8% APR based on demand. No need to keep the money in a contract for some minimum amount of time. Continuously payed out interest on principal you can always take out whenever you like.

Compare that to regular traditional banks that will at MOST give you 1.5% for a money market account if you promise to leave your funds in there for at least half a year. Or t bills which are equally as bad.

And defi is only getting larger. After ETH gets PoS and sharding, it will literally become the future of certain aspects of banking such as collateralized loans and insurance. Don't miss the fucking bull run everyone. You've been warned. Decentralized banking is starting to form right before your very eyes.

No because *insert random shitcoin* is the next eth. Don't miss the next *insert large multiplier*

>>16392091
Weak bait

>>16392065
If eth2.0 comes out and scales better it could be the next 10x, and hit 1-2k by 2021.

>>16392065
No

>>16392091
>worthless tokenized startups that don't even need tokens to work
This. Any who thinks "tokenomics" makes sense, is a retard.

>>16392209
I doubt it.

>>16392091
Give it 10-20 years. You remember the first computers in the early 1980s? It took 20 years with the birth of the internet and e-commerce before computers became a true staple of a tool in society.

>>16392270
10-20 years, but what'll we do till then?

>>16392224
Saying link does or doesn't needs tokens has no bearing on whether or not it will succeed or fail. It could work without tokens but that isn't the way it was made.

>>16392106
this

>>16392175
and /thread

>>16392175
Actually this, entirely correct.

>>16392289
accumulate

>>16392073
There were shitpeople on this web zone saying for months that ETH would not rise above a dollar.

>>16392065
>Will eth ever go back to 1000?
There isn't even a chance of that happening

>>16392065
>Will eth ever go back to 1000?
By 2030 maybe. More likely $0

>>16392788
> web zone
KEK

>>16392665
accumulate ETH and PNK, that easy

Guessing 3k is next ath

>>16392065
Eth is a mess

>>16392270
Yeah. First computers used to cost a fortune. The price dropped with adoption. So that's what's in the store for eth. It may succeed, but will the price of token rise significantly ?

a 20x is not out of question from here

>>16392065
>>16392072
no. never.

>>16392065
>>16392072
no. never
>>16392106
this is the stupidest comment on this entire board in for 2019. only BSV faggots exhibit more COPE
>>16392188
ETH 2.0 is a multiple phase release process... there is no scaling next year and the devs do not know how to scale it. current estimates are 3-5 years away for scaling. sorry anon

>>16392175
This is correct. Also, ETH is about to implement 3k TPS. The biggest critisim of ETH was always "IT CAN'T SCALE LMAO" and its about to.

>>16393062
>about to
anon... 3-5 years into the future is not (((about to)))

>>16392175
the mETH defi meme. defi will be on every single platform in hundreds of iterations on each. this is nothing unique to mETH.
>after mETH gets sharding
hate to break it to you bagholders but mETH devs do not know how to implement sharding and it is 3-5 YEARS away at earliest.

>>16393088
Its literally doing 500-1k after instanbul in 10 days and thats on 1 pow chain before any 2.0 shit

Bit is incubator for informational asymetry by shitcoin peddlers like you lol

>>16393107
Like icos went on binance lol
You do realise how big and connected is defi on eth?

Meanwhyle ada testnet tps=24 lmfao triggered bagholder

>>16393088
The upgrades start in a few weeks. 3,000 TPS is much closer than you think. I suggest you look into the upgrades coming in the next month or so.

>>16393119
Yeah, people are going to be in shock when ETH does a bullrun because its the fastest blockchain and the only one with interest from enterprises. I think the FUD worked on most biztards and they really don't believe ETH can't scale.

>>16392065
No but it is going back to $70

>>16393166
EEA was priced in 2017 you are late to the party kid

>>16393174
Doesn't matter. People already thought it was a hoax and they all sold. Now with LINK, smart contracts will be able to connect to the rest of the world and be useful to businesses.

>>16392065
eth and most alts have no right of existence. better sell them while they still hold any value.
you won't listen though.

>>16393214
Why?

>>16393214
Low IQ bitcoiner. Can't read white papers/doesn't understand the tech beyond logging into coinbase and buying BTC. Just because you are too stupid to play with alt coins doesn't mean we all are. Most BTC holders wouldn't be able to pick a winner between Chainlink and Deep Brain Chain if they read the white papers. They would both sound the same to them and wouldn't be able to understand any of it. Low IQ.

>>16393119
yes anon. like I said, 3-5 years away.
>>16393134
>You do realise how big and connected is defi on eth?
tell me how big and connected defi is on eth pajeet. why does this have to do with ada? why is ada making you feel so butthurt anon? you're losing it

>>16393268
His point is that no other blockchain has as many developers or has the community to even come close to Ethereum's capacity/capability. People can bitch and moan about how some ETH killer is obviously a better block chain but it doesn't matter if nobody wants to build on it.

>>16393365
point is that ETH can't scale and the devs do not know how to implement scaling. that part of ETH 2.0 is just a dream at the moment. most of the ETH "developers" are people writing smart contracts and most of those are hacks copying and pasting code. you know this right? Actual protocol developers are a tiny fraction of the "developers" and other blockchains have more developers working on the actual blockchain... good you brought it up.
>People can bitch and moan
do ETH bagholders interpret advocacy of other projects as bitching and moaning? that's a personal problem and there are words for that - COPE and desperation. sounds like you've got a strong case of that.
>ETH killer
why do ETH bagholders frame things as "ETH killers". does bagholding ETH create such an internalized fear and cope that other projects automatically go into the threat category for the ETH bagholder? that's interesting. sounds like you faggots are losing it. I've read some eth devs sperging out on twitter with the same kind of nonsense you write here, are you one of those desperate amateurish fuckboy devs or just an acolyte? if a dev so, please get a fucking handle on the codebase and stop trying to push buggy shitcode live and relying on outside parties to catch your mistakes... that's just if you're actually one of those amateur faggots who are actually contributing to eth's clusterfuck codebase.

>>16393485
>dream,cope, wont scale, devs are retards

Based shyzo ada poster balsting metheads whyle losing his lunch money day after day

ETH will go back to $1000 in 20 years
also in 2040, the AI Singularity will happen, rendering all forms of money useless

>>16393637
So ethereum creates so singularity.

Yessssssss....

>>16393637
So ethereum creates ai singularity.

Yessssssss....

>>16393088
Ironically even phase 0 of ETH 2.0 will bring 1000tps minimum.

>>16393247
the only real reason alts can exist is because of the greed of exchanges.

>>16393622
I'm not an ada holder but I am curious why you are obsessed with ada. is this a typical state of FEAR and COPE for the reddit ETH bagholders? I'm becoming very curious
>>16393663
that's doubtful anon, and phase 0 has no smart contracts so what's it good for exactly?

>>16393663
phase 0 of ETH 2.0 is absolutely useless for anything but staking. So many people don't understand that ETH 2.0 will take 5+ years and the early 2020 update is just a staking chain. Perfect time to short the coin into the ground once people realize this.

>>16392065
q2 2020

>>16393107
bad fud

if defi is on every platform why does stats show eth has 99% dominence for defi?

thats like saying nano will overtake btc

>>16392073

This.

They haven't found a purpose for ETH as it's initial role as "decentralized computing machine" failed badly.

>>16392177

Also this, kek.

>>16394522
3k TPS much sooner than you realize and they have good projects on the application layer to take care of computing.

>>16392177
/biz/ in 1 sentence, they only have like $10 of crypto so they gotta hope for x1000 pajeet coins

You idiots realize that ETH scaling is the only hope of LINK actually going anywhere?

>>16392175
Why do you think those loans and rates will stay like that? The people currently taking out loans are using it to speculate on crypto. It's just adding more leverage to an unstable space

>After ETH gets PoS and sharding
What makes you think it will? And in the event that it does, why wouldn't I just use EOS or TRX instead? ETH would now be no different to them, and they're designed from the ground up to be PoS, instead of having it shoehorned in.

>>16392270
I don't have 10-20 years, i need to moon now

>>16394557
I think most of them think ETH is a competitor to LINK. Hence the reason why 90% of the board is in LINK and about 60% think all current smart contract platforms are vaporware.

>>16394559
If those platforms were worth their weight in dogshit you would see the tokens that matter link LINK being designed for them. EOS is a centralized scam btw. Upgrades starting in about a weeks time will begin to make ETH scale drastically.

>>16392091
Muh ICOs, muh "eth is a mess" anyone have a non-retarded reason eth is doomed? I'll wait

Yes. If you believe altcoins can rally then ETH will too. Ether is a shitcoin index.

>>16394559

>Eos and trx
>Pos

State of biz 2019

>>16394710

Thats best part state of eth fud from shitcoin peddlers

It'd fucking better I have bought 150 of them since ico crash

>>16395033
How much have you lost?

>>16395059
I'll be sitting pretty in 5 years time I don't care about short term losses

>>16392065
Staking confirmed for 32. Blog post soon. Believe me or don’t.

>>16394518
hey reddit, try updating your reading comprehension.
>will be
>is on
those are two different things

>>16394557
LINK is blockchain agnostic mongloid. you don't help your arguments by posting self portraits like that.

>>16394710
>ICOs are the reason why ETH is worth what it is today... current value is a residue of past ICO insanity, and ICOs were responsible for ETH's peak market value
>mETH dev's don't have a handle on ETH's codebase, pic related. perhaps they'd better spend time getting a grip on things rather than philosophizing about pedo fiction and pedo porn.
>mETH 2.0 is 3-5 years away from completion and before completion it still will not have scaled ETH.
>defi will be on every platform, nothing unique to eth and it is already spreading to other platforms
>mETH 2.0's decentralized development style produces a clusterfuck of mismanagement and disorganization and it is going to result in more of pic related.
let's hope outside parties will continue to find mETH bugs before the bagholding devs push buggy code live, as was the case for pic related.