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/biz/ - Business & Finance

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25239866 No.25239866 [Reply] [Original]

If ETH reaches some stupid high price like $10k would that kill of the tokens economic?
What do you think ETH should be at?

>> No.25239927
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25239927

>what are gas markets and what's the purpose behind them
Is this dumb take spammed here for days meme or this board is literally overrunned by newfags?
I mean I can smell overinvested luch money since mid summer but man this takes are something else

>> No.25239964

>>25239927
I am a retarded newfag. Please educate me fren

>> No.25240163
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25240163

>>25239964
Sigh....
>Gas goes up as usage goes up not price
Price can be 10k and gas 5 gwei and price can be 200 and gas 500 gwei
Ethereum have that unique problem for crypto markets anons are acually using it and paying for blockspace so its clogged as fuck and gas is hi, higher price wont make problem better or worse
Thats also one reason defi is new shit in the block in money products like that you dont need huge tps and hi gas prices are less relevant because you doing shit to acually make money

>> No.25240257
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25240257

So tldr since you are going to dig for "next eth" as every newfag focus on ones doing something diferent and new usecases (gaming, indentity) not next "faste sc defi palatforms" theres whole graweyard of them now