/biz/ - Business & Finance

>>16565402
so you are saying that it is going to take minimum 2 years to get back to anywhere near ath provided all goes well, which in reality never happens

>>16565443
>minimum 2 years
Are you retarded or blind?

>>16565402
We are almost in 2020 and your pic has been proven wrong.
/thread

Infinite supply shitcoin led by communist pedophiles

>>16565535
the point is not that the chart is 1:1. here's a better chart

>>16565402
You are not wrong, but it's 12/31/2013

>>16565543
look at those fuckin head and shoulders
imagine holding either of those lmao

>>16565864

>>16565402
so btc had no supply limit in 2013 ?

>>16565402
>Imagine think this.

>>16565883
it had a security budget in 2013, yeah

My body’s ready

>>16565402
>181
>enter life savings here

bros
should i do it?? bitcoin is so BORING and i want another coin to look at

>>16566145
do you wanna be rich in a couple years?
then buy eth.

>>16566167
how much to make it?

>>16566221
5 nodes is a make it stack, 0.5 is a suicide stack (160/16)
cool 1.6m when eth hits 10k.

>>16566233
I'll get a suicide stack today, I guess. I feel like it's a safer bet than Monero (which was the other crypto I was considering)

>>16565402
good info, thanks bought 20

Litecoin is the opportunity one.

ETH price is based on utility. LTC on scarcity fixed supply. Its your choice

>>16566378
I had the same opinion months ago, but with ETH staking (once complete, there will be no more eth to mine period), and the fact ETH only went through one cycle, and LTC has been through all the same cycles as BTC (which is a bunch), it is going to produce limiting returns. Honestly I think LTC can reach 1k maybe even a bit higher, but ETH.....I see it going to 5 digits based on BTC cycles. Look at the ETH chart and compare to BTC first cycle..they're very similar. And everyone knows that second cycle is what took us to 20k, the most profitable cycle in history. If you really love ltc, go half and half ltc/eth, and at least give yourself the opportunity for life changing money

>>16566378
DELET

>>16566421
Will take the tip and do my own research about it. Good point and well explained.

>>16566421
>Honestly I think LTC can reach 1k maybe even a bit higher,
Wow you're fucking retarded

>>16566421
>>16566442
Good post Dash will also moon wise anon.
Due to being 51% attack immune and masternode costs decreasing

History repeats itself general?

>>16565402
>Imagine believing ETH will reach again a 150 billion dollar market cap
Sorry but Ethereum will never reach a new ATH, it's just bagholders left. Also DeFi is a meme

>>16565538

Lol this

>>16566524

Also this

>>16566421
>>16566378
TAKE THIS DOWN IM NOT DONE STACKING YET

>>16565402
kys, just like eth will.

Ethereum is nothing like Bitcoin, even if they magically solve scaling problems (99% not gonna happen), they are still just a utility token. Something you buy when you need it, like oil. If you are smart, you don't store your wealth in oil, you store it in something with immutable monetary properties, like gold or Bitcoin.

Is Ethereum immutable?

>rollbacks
>hardforks
>fucking around with issuance whenever Vitalik and pals feel like it
>no supply cap
>need NSA datacenter to run a full node and validate the rules

Look, it will probably still pump in the next bull, because there is a cult around it. Just stop deluding yourself that it has a significant future.

>>16566524
Wrong

the problem eth has is it doesn't have the true believers like btc and even ltc do. people think there will be immense sell pressure the next time we see $20k btc, but I think that's wrong. because the people who have held this long think it's going to a million. eth on the other hand will see enormous sell pressure at $1k. we will probably see new ath's for eth, but I don't see it having the same kind of returns as btc this next cycle.

>>16566592
BTC isn't immutable either, there were 180 billion bitcoins created at one point and they just forked to get rid of them. Immutability is a meme, every crypto with constantly updating code will get fucked sooner or later and will need to break immutability or die.

>>16565402
>ETH
vitalik's bag holders. KEK

>>16566592
>it will probably still pump.

Good enough for me.

>>16566990
Sauce?

>>16566990
there is a consensus about what bitcoin is if the rules are broken they will be enforced by people not the code. however so long you adhere to the rules of the bitcoin blockchain it's immutable.

>>16567080
it was a bug during early development fixed fast as fuck since it had to do with nodes, basically those bitcoins were never created in the first place and the network never forked , since nodes had different ideas of what was real the only chain that continued was the non bugged one.

https://en.bitcoin.it/wiki/Value_overflow_incident

https://www.youtube.com/watch?v=Gt1WfkAIUrI

>>16567115
Basically it was a nothingburger and shows how btc client diversity is great and why bsv using the same fucking node client is a dangerous as fuck and why having small blocks and a shitton of nodes is important.

>>16566378
Litecoin and all bitcoin forks are scams and worthless pieces of shit.

>>16567115
it was actually a soft fork and naturally overtook and reorged the un-upgraded nodes. interesting.