/biz/ - Business & Finance

why?

I’m ready . The flipening is destiny

t. 589 eth

>>19074015
Yeah I'm ready to sell my bags desu. I believe in Ethereum but I think it'll be regulated and the price manipulated so that it never reaches ATH again.

Vitalink Buttermilk said that ETH 2 is not even close to ready

>>19074015
I'm ready for it to crash to double digits again lmao

>>19074073
how long did it take you to get so many... I'm at 200 and feel like a fucking peasant and I've been buying for like almost 1.5 years

>>19074222
>I'm ready for it to crash to double digits again lmao
a lot of people are but i think thats why it wont

>>19074222
lmao

>>19074421
>a lot of people are but i think thats why it wont
Except you're totally wrong. Pic related.

If you buy Ether, you are gullible as fuck.

First off, the program itself is garbage. Despite being tested for several months, it is so complicated and bad in design that people are mining blocks to a default address that they don't have access to, and a single typo in typing an address for a transaction results in loss of funds (lots of people have already lost money). The devs couldn't even be bothered doing a Windows miner release - users had to work out how to do it themselves. Even as live trading had began, an unknown exchange was sending deposits in error to the black hole 0x0000... address. The UI is unintelligible (see pic). To mine, I had to use two CMD windows in combination.

Second of all, Ether costs much less than $0.60 to mine. On my HD7970, the cost to mine was less than $0.10 per Ether. The people who bought Ether in the premine/presale paid the equivalent of $0.30 per Ether. Who the fuck even wants this shit? It has no mainstream appeal. Miners are dumping it like no tomorrow, and no one is buying because it's trash.

It's made by a 21-year-old slavshit dropout from the University of Waterloo. He has no achievements, not even academic, apart from 'Bitcoin Magazine' and Ethereum itself. He and his team of 'developers' gobbled up the millions of dollars from the presale months before the program was even released!

>>19074500
can't wait to dance on the graves of buttcoin maxis

>>19074499
Fair but well see. I have no usd left and am all in eth/link already. If the price drops ill buy next paycheck, if it doesnt ill still buy next paycheck. $200 is still mindblowingly cheap for eth imo regardless, so im buying.

>>19074500
>The UI is unintelligible (see pic).

IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value.

>>19074640

>>19074499
Where is the URL to see this data? Sauce?

>>19074640
>doesn’t ever upgrade any software

>>19074640
This stupid fuck doesnt about shard chains apparently. No one tell him.

lol at all the get-rich-quick bagholders expecting this to be a given moon for them again.

>>19074745
based intellectually consistent Vitalik

yeah i can't wait for 2.0 and more pics like this

>>19074500
>>19074640
So what would be your choice of crypto then? Fantom?