/biz/ - Business & Finance

yes

>>25448262
ETH IS BOOKING IT LETS FUCKING GOOOOOOOOOOO

the hours of darkness are behind us. january is ETH month. lets see it.

Yes.

anyone noticed everything pumps when burgers are asleep? they really are poor as fuck and have to cash out constantly. pathetic

>>25448364
>rent free
Seethe more

>>25448364
>tf
>tp
1.cope
2.seethe
3.dilate
ad infinitum europoor

>>25448364
BTC went from 30,000 to 34,000 today while you mutts were sleeping

>>25448438
well its basically a third world country from a european perspective, no healthcare and fees and taxes up the ass, no wonder all they do is sell, soon murrica will be priced out entirely and the euro-asia connection will rule crypo

>>25448262
Still losing sats left and right

thank you money skellington

>>25448505
>t. Muhammad

>>25448597
>goes up 10% in a day
>could go parabolic and do a 3x at any moment to a new ATH
>still not good enough because it's not matching btc 1:1 lmao
everyone knows ETH could and likely will outperform btc when it crabs later, thats what you're buying when you choose to hold this instead of BTC, that huge potential

>>25448262
Eth is the biggest midwit trap of all time. Don't miss the forest for the trees friends. You're so close to enlightenment yet so far.

>>25448597
WHO GIVES A FUCK YOU FAGGOT WE ARE MAKING AN INSANE AMOUNT OF MONEY

>>25448784
Retarded take. Everything interesting going on in crypto is happening on Ethereum.

>>25448784
>he isn't buying ETH in january
it's our time now bobo shoo

>>25448262
Will the Flippening finally happen in the year of the Golden Bull 2021?

>>25448262
yes

>>25448844
honestly 2k by EOM.

>>25448861
Yes.

>>25448839
my reason for buying

>>25448839
This is exactly what I meant. You need to start over on your crypto knowledge because you got somethings mixed up the first time. Time is running out. Don't let your emotions get in the way.

how much should i get bros ?
currently sitting on 1k dollaroos of eth

Now Playing:
Captain Hollywood Project - Flying High
We 're flying high
We 're flying right up to the sky
We fly so high
We're flying right up to the sky

We fly so high, we fly so high

>>25448995
got 7.4k, yes.

>>25448839
To make myself more clear: The only interesting thing that is happening, has ever happened and will ever happen in crypto is happening on bitcoin. If this is not obvious to you already you need to start learning on the subject right now.

>>25448983
Nothing is mixed up. I'm assuming you're a BTC maxi. That's fine. I own BTC too, and institutional money is buying it because they barely understand crypto. But BTC is literally a slow broken piece of shit that doesn't do anything. Ethereum is the future and every fucking maxi knows it because they FUD Ethereum every chance they get. Just visit the Twitter page of a maxi and see if they've mentioned ETH in their last 20 tweets. If ETH wasn't a threat, no one would give a shit.

>>25449074
yes, everything interesting is happening on BTC

>>25448262
suckers rally. It's still in historic crab zone

>>25449077
>and institutional money is buying it because they barely understand crypto
Other way around friend. Do you really think people worth billions don't have the capacity to understand this stuff? It's not really that complex.

>But BTC is literally a slow broken piece of shit that doesn't do anything
The main (and only really) point of crypto is direct value transfer without a middleman. That's it. Bitcoin solved it. Everything else is just smoke and mirrors by people who want to make money of gullible fools. Faster blocks pays for their speed with lower security. Security > speed when it comes to crypto. Are you starting to understand yet?

> If ETH wasn't a threat, no one would give a shit.
This is the same retarded cope as the chainlink cultists use when people criticize their json parser.

>>25449172
As I've said, you're missing the forest for the trees. Don't let hubris be your fall anon.

>>25449351
Lmfao you probably haven't even heard of on chain insurance or liquidity providing

>>25449383
Why do you eth fags always think that anyone who doesn't prostate himself infront of Vitalik don't know about eth or whats happening with it?

>>25449423
If you think value transfer without middleman is the only point of crypto, you've fagged yourself silly; I trust you shall remember this exchange years later when you'll see what a turing complete decentralized computer can do (versus a pet rock).
Learn about public goods, quadratic funding and network effects, cuck.

frens i set up a node this morning and also started mining in a pool and i mined my first unspecified amount of moneries

>>25449525
>investing in buzzword marketing empty promises instead of the hardest scarcest asset to ever exist

>>25449423
It's not about Vitalik, if you followed anything about ETH he almost completely removed himself from the loop and is irrelevant for the future of the roadmap.

It's about community, the ever growing use cases, the fact you BTC cucks are 100% speculating holding on your coins like some juju or talisman, while you can put your ETH to work.
You like quoting Buffet so much, how about you revisit what he says about unproductive assets which BTC 100% is.
BTC had its chance at smartcontracts but is a pain to develop with, which is why ETH was made in the first place.

>>25449525
See
>>25448784

Don't let your ego get in the way of making it anon. All the smartest people in the crypto space are bitcoin maxis but you supposedly know better than them?

>>25449618
> Doesn't even know Ethereum implemented a deflationary monetary policy
> Doesn't understand BTC got wrapped on to the ETH chain
> Can't connect to web3 to write to a smart contract

>>25449631
One word for you: Decentralization. Look up what it means and try to understand why it is important to crypto. Once you understand that everything will become clear to you.

>>25448262
It doesn't matter what BTC or ETH does better than the other you stupid fucks. The historical market patterns show that ETH and other alts always eventually gain on BTC when its volatility calms down. If you don't realize this and start averaging back out of BTC now, you're unironically NGMI.

Trade, faggots. Move back into BTC after ETH & alts skyrocket. Just sitting in BTC or alts the entire time because you're too emotionally invested in one thing, you'll miss out on big time potential profit and you're unironically NGMI.

>>25449644
Nah, smart folks have it diversified; I'm sure you did that too Anon

>>25449705
They aren't though and have been pretty adamant about it, but cope however you like.

>>25449673
>>25449644
>>25449423
>>25449351
>>25449325
>>25449074
>>25448983
>>25448784
i'm only passing by but i wanted to let u know ur probs the biggest loser i've seen on /biz/ this year by far

>>25449673
>Decentralization
Even on that metric BTC will get wrecked as POS will bring arguably more decentralization by decreasing the cost of "mining".
How about you also read a little bit yourself about CASPER and what they do for mining cartels, like the ones you have plenty of today.

>>25449690
Bitcoin is the only survivor of the past bubbles. The historical pattern is the top 10 alts clear out and new alts replace old dying alts. ETH is already dead (but just wait for ETH 3.0 and 4.0)

>>25449690
The last few cycles were driven by retail investors not institutional investors. Institutional investors aren't buying your shitcoins, they're buying bitcoin. Ask yourself why that is and please don't give me the "they jus dum xD" shit.

So masters of biz should I get some now or wait?

>>25449783
>Even on that metric BTC will get wrecked as POS will bring arguably more decentralization
lmao now you're just trolling. You're not that uninformed on crypto are you anon?

>>25449671
Monetary policy depends on Vitalik and friend's mood
Wrapped BTC is inherently centralized and insecure
Web3 is worthless scam marketing speak

>>25449077
>Ethereum is the future and every fucking maxi knows it
I think BTC will continue to rule the SoV use case and ETH the smart contract use case. I'm a BTC maxi when it comes to SoV, that doesn't mean I think there aren't other use cases and other cryptos better suited for them. I also don't think it's impossible that the smart contract use case ends up attracting a larger market cap, and if that's a "flippening" you look forward to and speculate on then power to you, but I still don't think that would mean ETH would take over the SoV use case, especially if ETH 2.0 with POS takes off (which is an even better fit than POW for smart contracts but worse for SoV).

Anon what would be the time to take profits, close to ATH? I don't want to be left holding my dick once again like last time sirs my village needs money kindas sirs thanks you

>>25449744
> Yeah I'll cope with holding my assets in double digit return pools farming
> I'll cope with occasionally removing liquidity from them and apeing into 5 digit APY pools
>I'll cope with my 1inch and Uni airdrops, looking forward for my compensation for integrating smart contracts with instadapp & looking forward to breathe in that layer 2 Synthetix DEX coming up in two weeks
>I'll cope with getting my open source application funded through gitcoin and receiving 50 bucks for each one that a cuck committed
>I'll cope with getting a scholarship funded from degen money to study smart contracts and hang out with folks my age cause kernel & interact fellowship
>Or I'll cope walking my pet rock

>>25449783
PoS = Exchanges stake the most = Centralization

>>25449850
This whole post just proves my original point about eth being the ultimate midwit trap. You still don't get crypto or why it has value anon.

>>25449644
Don't let your ego get in the way of making it anon
All the smartest people in the crypto space
you supposedly know better than them

>>25449673
One word for you

>>25449744
cope however you like

>>25449796
Ask yourself why

>>25449824
You're not that uninformed

Completely obvious, but I'm doing this for other sad fucks seeing how many newfags got suckered into XRP

>>25449828
Monetary policy depends on EIP1559 which is already implemented just not deployed but I'm sure you can't DYOR I guess you ll go with the herd, maybe you should stack Gold and Oil too Anon, heard a lot of folks like those. Or hey maybe searching sounds like a non pet rock activity.

>>25449887
Even more newfags got suckered into eht anon.

>>25449881
Yeah it proves that you have been sleeping and not accumulating cuck

>>25449865
As opposed to hardware mining cartels which also adds a dependency on electricity costs and access to specialized hardware.

1k eoQ1

>>25449939
I've made millions of bitcoin, why would I accumulate shitcoins?

>>25449899
>implemented just not deployed
in other words, a scam

>>25449940
which is based on a free market
or you prefer CZ, Coinbase, the Winkelvii controlling your chain?

>>25449983
In other words, testing. I'm sure you re unfamiliar as probably you haven't made it out of the barn to get to a school

shut the fuck up. I bleeded sats after sats holding this piece of shit.

>>25449968
Higher risk, higher reward. Simple as that. Technically, since the March bottom last year, ETH still has a higher ROI than BTC since its March bottom, despite lagging behind past few months. This lagging won't just continue forever though, it's like a slingshot and you're going to miss out on some serious gains here in a short while if you don't trade.

It's easy to come in here and be all high and mighty while your BTC is obviously in the limelight. Won't last forever and ETH will soon be running circles around BTC, and the cycle will continue.

>>25450007
>China a free market
I wonder how long they would resist mandating factories to prioritize local demand.

>>25450007
>or you prefer CZ, Coinbase, the Winkelvii controlling your chain?
Read how CASPER works.

>>25448262
Imagine buying mongol shitcoins from some dubious roske programmer called vitalik. Same goes for link cultists and their rusnya sect leader sergey.

>>25449865
Exchanges stake != Centralization.
eth2.0 PoS > PoW, with PoS you get slashed and lose collateral if you try funny business, PoW virtually no punishment. Also if you compromise the network PoS while you are staking, you re gonna lose a lot of value.

ETH pump round 2 incoming?

>>25449722
Fraud btfo waiting room

>>25450044
>It's easy to come in here and be all high and mighty
I've come here and been high and mighty about bitcoin since we first split of from /g/ anon and I don't plan on stopping anytime soon. Not as long as there are other anons out there trying to scam newfags out of gains with their shitcoins.

>>25449968
Congrats anon, go make a positive impact in your neighborhood I am sure there are people near you that desperately need it. With great power comes great responsibility for those that wish to accept it

MONEY SKELLY I LOVE YOU

>>25448667
I knew it was Paris instantly
>Gare du Nord
the absolute cancer

>>25450117
See
>>25450111

All I care about is other anons making it too.

Where you idiots argue eth is silently going to 900

>>25450058
>>25450085
most people are too lazy/stupid to stake themselves. and exchanges will incentivize to "earn staking" on exchange. their stake will dwarf everyone else's. they will collude for their own interests. decentralization lol

BTC AND ETH FOR BIG BOIS AND BIG GAINS
THREAD THEME: https://youtu.be/2H4IVWvp3Is?t=14

>>25450160
While*

>>25449839
same boat. not sure when to convert them into sats. i'm unironically 80% ETH right now and it's finally paying off albeit a bit slower than BTC.

>>25448438
You're the one seething, fat American

>>25450160
while eth silently drops in sat value

>>25450183
Can't collude with that random of a validation process even with more than 2/3 of the nodes they would still have better chances to win the lottery than to manage a successful attack

>>25449968
And don't give me that "institutional money is buying BTC only, so BTC will gain more than others" garbage. That's just pure wishful thinking by maxis like you who dream of BTC just going up forever relative to alts. Market doesn't work that way.

Also, institutional money was also buying back in the 2017 run as well, so your "tHiS TiMe iT's DiFFeReNt" argument pretty much falls flat on its face.

Moreover, CME Group is set to launch ETH futures in February, which basically signals that institutional money is buying ETH as well, and not just BTC.

>>25450250
It dropped lower too, let's see it crumble to oblivion and witness the much announced ETH killer step in and show us a new programming language that developers can use and make money with

>>25450160
>21 ETH
I was waiting for it to dip to buy some more, but I don't know what to do now.

>>25450152
Don't take this the wrong way, but are you retarded?

>>25450303
He is getting familiar with ETH without getting the feeling of weirdness from directly asking obvious noob questions on discord, take care of him, the educational system fucked up the way we have conversations!

>>25450303
I'm only trying to help you anon. No need to use such foul language at people trying to teach you the basics of crypto.

>>25450366
I've been in the crypto space since Vitalik was still a humble quantum mining chip salesman (not making that up). I'm pretty confident I have a significantly better understanding of eth than you.

>>25450430
You can claim whatever you may sir, your parlance has shown in this thread exactly how familiar you are :)))

>>25450447
He really did try to sell quantum miners though.

>>25450390
Newfag here. You say bitcoin over ETH but surely bitcoin is well past the point of buying right now until its next dump

>>25450430
demonstrate your knowledge then

>>25450468
people have been saying surely bitcoin is too high to buy...every single year

>>25450486
Niggers tongue my anus. Good enough?

>>25450462
I didn't know that I'm more familiar with him playing wow classic and getting mad that Devs put in patch updates nerfing his warlock's drain life so he needed the real green energy from the trade candlesticks after he realised his dad wasn't a dimwit after all and maybe was onto something with the whole internet money game, so he made his own guild IRL

>>25450525
Wow retail*

>>25450506
not what i'm saying. Bitcoin is on a surge right now, why buy it while its high?

>>25448262
Based. Feel like it doesn't really matter anymore that I didn't buy BTC. This shit will probably pump just as much.

>>25450590
Cause otherwise BTC maxi narrative doesn't hold

>>25450462
all the moonboys ITT were starting to convince me i should sell part of my stack
but then there's posts like yours and i remember 99.99% of the world is dumb money
i don't even need to ask to know you're still seething about the dao, money skelly's tweets on personal sovereignty vs drug addicts, musings on heisenberg taxes, etc.
it's a simple choice when you're smart enough. ethereum might fail or succeed, but it has a chance of success. every other project is dogshit doomed to fail and will never change society

>>25450610
>skim reads what that is

So, it doesn't matter when you invest in BTC you'll always get a return because infinite growth and investing in alt coins just carries risk compared to BTC can't grow forever and isn't long term sustainable so diversify?

what is eths price limit though.
Is it even possible to 10x?

>>25450785
10x in the long is possible. In short term it might happen if BTC goes to 100k.

>>25449550
Go Barbara, go!

>>25450734
You got the story right! :))

I wholeheartedly agree that ETH might crash, yet right now the internet of money kinda works. Albeit at the moment relatively expensive to transact, thus risky to use, the community around it is pretty neat & educated so that's the horse I'm gonna bet on

>>25450785
Btc is 60% above its last ath. Eth went to 1500 back then. So it should be around 2300-2500.

>>25450685
You really only get this "I'm sooo much smart. everyon else dum xD" shit from eth fags, chainlink cultists and xrp schizos. Good company you keep.

>>25450852
>:))
lmao eth fags never disapoint with their faggotry

>>25450785
in USD yes
in sats no, it will 0.1x

>>25448505
once we start to view it as a threat you'll be fucked though when we world police you
we seem to be way behind though so enjoy for now

>>25450825
BTC x100 is roughly equivalent to the market cap of 60 trillion
>> Impressive

Friendly reminder that in Dec 2018 - March 2019 the market cap of BTC was 50-70 billion
now the market cap is around 600 billion

Friendly reminder that for the same time period the market cap of ETH was around 15-17 bullion
now the market cap is around 95 billion

>>25450969
Cultural differences, eastern europeans, slavs, and some latin blood uses parantheses to convey emotion, we're human anon, we both drink water and were born of a womb

>>25451084
60 trillion is a lot of money anon. The crypto market definitely isn't ready for that yet.

>>25449968
>made millions
>/biz/
Fuck off larp, go hang yourself.

>>25451125
Well

> There is approximately US $37 trillion in circulation: this includes all the physical money and the money deposited in savings and checking accounts. Money in the form of investments, derivatives, and cryptocurrencies exceeds $1.2 quadrillion
> How much APY do you think they're getting?
> What about versus Stablecoins in Yield Farms?
> Lol

>>25451125
wait until an iphone costs 10k in a few years

>>25451102
I banged some money onto both of them. I'll need to do some reading on the long term applications of ETH. Sounds like ETH will be used for actual buying/selling services and goods where as BTC will be the new gold.

>>25451281
If we're talking about inflation then yeah it's possible.

>>25451281
Well as long as you can collateralise it as an NFT and use it for loans
Anon
I don't know or see why not

>>25451181
Some of us have been here a good while anon. If you started back when I did it would be almost impossible to not be a millionaire by now.

>>25451343
I was here. I didn't believe the hype and thought it was another larp. How wrong I was...

>>25451343
will you shut the fuck up already? people who have made millions of dollars don't talk about post about it every fucking chance they get you larping faggot

>>25451416
You can bet your ass that I would spend the rest of my life bragging on /biz/ if I made it

>>25451304
> Anon if you wanna unlock more knowledge
> Join any discord from defi projects (you'll find that section of coingecko, price aggregator)
> Ask away, don't be shy, use the search function too, people appreciate helping others and figuring stuff out together
> I don't wanna name shame them on 4chan but you'll soon figure out what good guys are there
> Get involved into governance (welcome to decentralised autonomous organisations, the voluntary vote based corporations on web3)
> The memes in this place are unlike any other (such a statement goes for all memes I guess), from chads launching open source projects without consent to Andre Cronje
> Check The Defiant on YouTube for some incredibly (literally) good production value
> Be kind

>>25451416
>people who have made millions of dollars don't talk about post about it every fucking chance they get
You don't know many people do you anon?

>>25450996
lol nigga america has equal say as countries like france and britain in the UN security council.

You faggots realize ETH is constantly making new lows vs Bitcoin?

It performs like shit I don't understand what everyone is excited about

>>25451520
will do, thanks x

>>25451791
ok short the BTC/ETH trading pair and post your short

ETH is going to go to $1500 tomorrow

How does the price of ETH rise it the supply is not limited? Would it not be inflationary hence devaluing the price of ETH in the long term?

>>25450525
Yeah everyone is "familiar" with that since it's in an oft-repeated little one paragraph "infograph"/screenshot.

>>25450462
Any links?

>>25451914
Inflation rate is only 4% per year. The price grows a lot more than that every year.

>>25451985
https://archive.is/VZbPs
Read Greg Maxwell's reply. Apparently I misremembered. It was about quantum computers not quantum miners: Still a scam though.

should I put €1000 into Eth or BTC?

>>25448262
$1k by next week

>>25451914
inflation has been dropping consistantly AND will drop hard with eth2 AND will likely become NEGATIVE (burning) once EIP-1559 goes live

>>25451985
Better link:
https://archive.is/FseY8

>>25452155
except eip1599 will never pass

>>25452112
Xrp

>>25452091
>Vitalik's project immediately before Ethereum is that he was collecting investments from people to fund building a computer program to solve NP-complete problems in polynomial time, supposedly by simulating a quantum computer. (Never mind that even real QC aren't conjectured to be able to do that, nor does 'simulation' make any sense; unless BPP == BQP thats not even possible, and virtually all experts agree the complexity classes are probably not equivalent).
>He built up a reputation for himself writing tech explainers of other people's ideas usually without any attribution (until someone complains), making him look like the author. Beyond ripping off other's ideas,
> Vitalik has had virtually no interaction with Bitcoin developers, having never contributed to Bitcoin development.
Wow. If true, this is amazing. Nobody who understands the first thing about computer science 101 would think this. This is the same level as raising funds for building a perpetuum mobile. He's either a scam artist or incredibly dumb.
I'm not selling my 32 eth, but sure as hell not buying more. Thanks.

>>25452286

Just hope he doesn't do something moronic before you cash out

>>25452286
>He's either a scam artist or incredibly dumb.
No problem. Spread the word anytime eth comes up here. To many people on here are clueless on Vitalik.

>>25451914
Yes eth is inflationary. Currently eth supply increases 4-5% a year. But if we look at circulating supply, btc also increases by that much or maybe a bit lower now and will only end new issuance in 2130 whereas eth could have no end date. However, when eth 2.0 or eip 1559 comes out, its believed that inflation will go to 0 or even negative meaning supply will decrease (deflationary). We can therefore say the supply cap for eth could potentially be at ~120-140million forever.

>>25448484
>ad infinitum
Stop using OUR legacy that you so desperately distance yourself from.

What was happening with eth and other alts after btc started dumping after bull run years before? Dump and alt season or alt season and later big dumps?

>>25452286
Good 2016 FUD yet debunked quite a few times; I enjoy the salt ppl have towards the kid genius haha

>>25452603
>I enjoy the salt ppl have towards the kid genius haha
>salt ppl have towards the kid genius
>towards the kid genius
>the kid genius
>kid genius
>kid
>genius
Fuck off Vitalik.

>>25449774
>triggered this hard

yikes

>>25452267
Just saying, passed and implemented, not live is all

>tfw 80% of portfolio is in ETH

>>25454043
>100% ETH

>>25448262
Hahahahahaha

>>25454405
you okay pal?

850 DOLLARS

I'm waiting for this eth top and then alt-season boooys.

>>25454405
?

Are you guys planning on staking?

I only leverage daytrade ETH.
Do with this information as you wish

>>25452737
Youre a crab in a bucket. Stay poor

YEAH IM THINKING ITS ALTSEASON CHECK EM.

>>25454635
Should I make a call that ETH will hit 900? This thread will still be up by the time it's 910$

>>25451791
because it can only perform like shit relative to BTC for so long

There's a huge buy wall and we're slicing through it. What the fuck is happening.

ETH is a very safe bet for those with wooden hands or tougher for 6+ months

What's going on?

>>25454867
My mom just asked me to buy some for her. It's happening.

>>25454906
We are now making it up as we go along to a really terrific extent

>>25448839

>>25454635
Pic means nothing

>>25449828
Web3 is literally how you interact with your wallet on etherscan mate :) you click connect to web3 (when you have a wallet add-on installed on your browser) and then you can write and read from contracts :)

That s how you collect rewards, delegate, approve, stake, deploy, all that funny business

$900 broken. Kiss my anus

Where's ETH going after we hit $1k?

should i get some more before its too fucking late ?
dont want to miss my chance again becoming the next Bill Gates

>>25448262
no, everything is pumping as bitcoin reaches new highs... all coins are just coming along for the ride. why do mETH faggots take every bitcoin-coattails pump that the entire market is riding together and pretend that something special is happening for mETH?
>op is a faggot once again

>>25456471
It's already too late dummy.
Buy time was 1 year ago when price was hovering between $80-130. Buying now, especially after such a lengthy rally is retarded.

Why is blockfolio such a piece of shit app. It always stops working when there are big price increases. I want to see the fucking numbers

>>25456714
To many people use it and is it even monetized?

>>25456471

>>25448364

>>25448262
I WANT NO OTHER, NO OTHER LOVER
THIS IS OUR LIFE, OUR TIME
IF WE ARE TOGETHER, I NEED YOU FOREVER
IS THIS LOVE?

WHAT IS LOVE? BABY DON'T HURT ME
DON'T HURT ME
NO MORE

This is our life, our time
If we are together, I need you forever
Is it love?
What is love?
Oh baby, don't hurt me
Don't hurt me
No more

>>25456471
Buy now