/biz/ - Business & Finance

>>18679940
10k each.

it has to decouple from btc first to moon. will never happen

>>18679940
>there are only 112,000 addresses with 32 ETH
There's no way it's that low. I'm a poorfag and even I have 40 ETH

>>18679998
Look at this brainlet. No crypto will ever decouple from Bitcoin.

Stocks aren't decoupled from Dow Jones either.

>>18679998
you're not in the loop.

DEFI is bringing btc to ethereum. Keep will mint tBTC. Ren will mine renBTC for defi platforms.

>>18679940
What's the point? If you only will be getting 6% pet year from staking?

>>18679998
ETH was at one point at 32% marketcap, while BTC was 37%. ETH in bullmarket is going to decouple from BTC, and it will eventually be #1.

>>18680152
Big difference between being able to stake and missing the boat and NEVER being able to stake

>>18679998
it was decoupled during Q2 2017-Q2 2018, it's also decoupled now since end of March.
Institutional money has switched from btc to eth, eth now dominates flows into grayscale ethereum trust.

>>18679940
But I love my Linkies so much

>>18679940

Scam coin

Who cares

>>18679940
1024+ ETH Master Anon reporting for duty !

>>18680073
You're crypto jaded. Your 40ETH stack is worth roughly $8,000 right now. There's no way the average person has that kind of money to spend, especially on something like crypto.

>>18680291
And what makes you so confident lmao

>>18680073
112,000 is kind of a lot and some people might have that much spread out between multiple addresses

I recently converted some of my BTC to finally get a 32 ETH stack. Did I do good?

>>18680307
I code in solidity and I'm familiar with the Ethereum 1 codebase

>>18679940
>please get 32 ETH
NO
>here are only 112,000 addresses with 32 ETH
good to know only 112,000 retards, surprised at such a low number in reality

>>18680362
Do you think learning solidity and how to develop on the eth network is a lucrative skill to learn?

>>18680371
Kek this

>>18680218
this. look at andreessen horowitz crypto portfoil.

It's all ETH.

Silicon valley is accumulating ETH.

https://a16z.com/crypto/#vertical-landing-portfolio

>>18680301
I was all in link but can leverage on aave. I borrow usdc against my link, bought a ton of eth and deposited it back into aave.

>>18680415
>It's all ETH
>Celo
>Filecoin
>Handshake
>Oasis Labs
>Dfinity

>>18680073
>There's no way it's that low.
he doesn't count in people with eth in weth and defi, but it's probably another 50k at most.
>>18680415
Yes, if phase0 launches in a few months, eth has a potential to go above $3k this year.
It's a very interesting case, because all deposited eth is locked for at least one year, probably longer.
20M+ ETH is going to disappear from supply. Part of that eth is right now holded on addresses, but millions are going to be freshly bought.

Unfortunately, PoW still remains on, so dumps from miners are going to dump the price over the long term. I expect a temporary parabolic rise into insanity (~$3k), then bear market until PoS is announced, at which point it's going to pump again.

There's on unknown - it's possible eth manages to flip bitcoin during the first staking bubble. All it would take is $10B+ of net spot demand in a month. That would be uncharted territory. I don't expect it to happen in 2020.

>>18680301
It took me a year and one lucky swing to get 40 ETH. My investment was around $4500, through small amounts over the course of a year (which averages about $375 a month). It's probably not possible if you're living pay check through pay check, but I'm not stacked by any means, plus most of the money I invested was money I had saved up before.

>>18680531
>then bear market until PoS is announced
I mean full PoS here, PoW gone.

I'm all in link but can sell for 60eth. I still feel like link would outperform and I'm not trying to make too many tax events

Ethereum is unbelievably underpriced right now. this is going to moon. Link is literally a psyop to distract from the real chadcoin

>>18679940
All 96 of my eth got liquidated in the makerdao shitshow a month ago

I now have 10

I want to die

>>18680301
this

>>18680580
And what happens if eth hits 200 and theres a massive selloff back down to 170

I make a lot of sinful investments but giving money to an admitted pedo is just crossing the line, vitalik will get the rope

>>18680569
don't sell your link. deposit it to aave. borrow usdc then buy eth. Deposit that eth back into aave

>>18680606
long term it's going to 1,000 guaranteed

>>18680569
You should sell like half that just to get your 32 ETH stack, you would still have a sizable LINK stack and that way won’t neck yourself if ETH does end up mooning like crazy

>>18680432
Can you explain the aave thing to me like im a brainlet? Say i have 2k link, what do i do to safely borrow more for link or whatever

>>18680625
this is how i got here >>18680586
tread carefully anons

>>18679940
Traded 4k link for 32 eth

>>18680656
You deposit link into aave. Then you borrow usdc or another stablecoin. You swap that stablecoin for more eth using uniswap. After using uniswap you deposit that link back into aave.

>>18680656
>>18680701
correction.

You deposit link into aave. Then you borrow usdc or another stablecoin. You swap that stablecoin for more link using uniswap. After using uniswap you deposit that link back into aave.

>>18680586
Damn, that sucks anon. This is one of the reasons why I'm still a bit hesitant about this defi lending stuff, Id rather just hold my coins and wait for staking

>>18680569
when will you morons realize that ETH is the only coin you need. Every transaction on the Ethereum network is paid for in ETH. There is no reason to use any other coin on ETH besides ETH as a medium of exchange.

Sure you can scream "muhh you need LINK for oracle services" except you dont, and if you think that you've been blinded by the link bullrun, just like all the btc maxis have been too blinded by 20k$ bitcoin to realize that btc is dead and every institution and company in the world working in blockchain is doing it on ETH.

Peter THIEL. Dont forget that paypal mafioso who is behind ETH. BTC was just there to normalize the crypto surveillance state. ETH was designed to create it.

>>18679940
I just reached 33 ETH but I bought the majority of it at $128. Feeling super comfy right now

>>18679940
youll never get my linkies you filthy commie kike

comfy 500 ETH club here heh

>>18680586
anyone with half a brain realized there was no free lunch in DeFi. People were wrapping ETH into DAI and selling DAI on exchange to buy more ETH. It was the pinnacle euphoria. Anyone in their right mind knows that NOTHING is free EVER, and that if you were making interest, it was because you were taking on a bunch of risk.

Come to think of it though, they did manage to encourage a bunch of horded eth to come out of the sidelines into those DAI contracts so they could get their hands on it right before the ETH bullrun.

Its possible.

>>18680740
But what about ubt?

>>18680152
>only
You won't get this much at any bank

>>18680531
I think the stars are aligning for another crazy run

>>18680740
Brainlet retard. The whole reason why there's a slew of interest in ETH is because of smart contracts. SCs won't work without oracles. ETH is a dead shitcoin without LINK. ETH needs LINK, not the other way around, mr brainlet

TL;DR?
I'm actually thinking about investing in something but what's the magic about 32 ETH? I can lend them to the system? When the payments are gonna be? Every month? Every year?

>>18680740
people are fueled by the ICOs years ago. You could 100x like it was nothing. ETH has matured now. If it becomes the settlement layer of finance with the baseline protocol, I can't even give a ballpark with the heights it would reach. trillions

/fit/ here
got 500 eth because of vitailk buTREN

>>18680815
another pump and dump scam. People think, eh its just fractions of a dollar I can spend 100$ on it.

How the fuck is UBT going to catch up to Ethereum. Seriously. They've been developing it, building a brand, infiltrating institutions of higher education, shipping products for YEARS. UBT is just a way for scammers to get rich parting fools from their money.

You made me google "UBT coin" though, so enjoy that. Maybe itll help it PAMP.

>>18680996
Kek, this is huge linklet cope. Just because you autists keep repeating that does not make it true. A JSON parser can easily bring outside data into a blockchain. Centralized oracles like coinbase's can bring data in. No one wants some neets in a basement validating data. News flash.

>>18681042
Same. The dude is a fuckin pitbull. Except with a gigantic brain. Not the type of guy I'd bet against. Whether or not we like, that dude is gonna do his thing.

>>18680996
this is simply untrue. SC"s completely work with oracles, you just have to TRUST them.

but MUHHH decentralization!!!! TRUST NO ONE.

Business runs on TRUST, bucko. If you ever got out of your parents' basement you'd realize this. There is no oracle problem and there never was. Smart contracts arent really smart contracts, they are lines of code. Users of ethereum will be satisfied to trust certain oracles if it makes their lives easier. Not everyone has the doomer fantasy that they can live forever as an island without ever trusting anyone.

grow up.

>>18681037
staking

>>18681037
eth is switching from pow mining to pos where you'll need 32 eth to run a node to validate transactions, effectively you're paid when you can withdraw

>>18680371
THIS

>>18681093
/pol/ here
all you need to know about crypto is satoshi is possibly jewish, but vitalik is definitely jewish
btc is winklevoss, eth is zuckerberg

>>18680718
>Id rather just hold my coins and wait for staking
If i had like 28 eth and was looking to get to 32 i might open a cdp (vault, whatever) to cull my short term fomo until my next paycheck, but now im hesitant to keep coins anywhere outside of my possesion long term.

>>18680792
>anyone with half a brain realized there was no free lunch in DeFi.
I was paying a 13% stability fee (read as: interest) which seemed to be fair and make sense given the full picture of the circumstances/market at the time. I was also 200% collateralized, any other time i wouldve been fine and able to pay it down but i wasnt prepared for the network congestion and it fucked me up.

>>18681158
Jesus was (technically) jewish
Otto Weininger and Ben Freedman were jewish

Believe it or not, there are based jews anon

Romans 11

Do you think it will drop anytime soon or is now still the right time to buy ETH

>>18681097
>>18681081
Stay poor retards. Anyone who falls for your FUD must be a 80iq pajeet.

I had a stack of 32 ETH but I sold it all to go all in FTM.

>>18681345
great argument you have there, kys shill

>>18681312
there's 5 eth threads on the board and it coincidentally just 2x from the bottom. Not sure if this is a shill to take profit or I'm wrong (disbelief, this rally will fail like all the others).
I think it might dip post btc halving.
I barely bought eth in march but I bought 2 btc during the March dip...

>>18681312
there's a lot happening the next few weeks with the halvening in btc and testnets being set up for pos eth
it could easily get lower from now, but I'm doubtful anything sub $150