/biz/ - Business & Finance

>>27092556
SHHH DONT TELL THE SHEEPS

IT'S EXPENSIVE

>>27092556
Silence fren. Let them fomo to fuel the pump

mmm yes I want even bigger transactions fees

>>27092556
I need to buy back below 1050€ man.

>>27092556
Who decides when it moons and why?

>>27092723
So was Bitcoin but you saw how that went recently

>>27092556
we need reddit to fomo after we hit 5k so we can get to 10k

If ETH doubles, Nvidia is going through the roof.

please delete this. we already decided to shill shitcoins to reddit dent brains to have a good laugh

>>27092820
just buy retard, it's never going back to $1,049

Everyone on YouTube was saying Ethereum was getting ready to moon. The pieces are in place folks, Its acting just like Bitcoin did when it tried to break 20k... this is gonna be epic

>>27092556
what's the best exchange to purchase eth on?

And what's the best wallet to hold it in? (not cold wallet, will pick one up once i make more money and actually have a significant amt)

poorfag here. Bought 20 yesterday, 40 more today

>>27094174
Humblebragging is gay af

Dump ETH for donut now

>>27092556

I already own 2.44 ETH.

>>27094174

larp

>>27092960
Do you know the difference between $ and € you retard?

Should i sell my Doge for 220 and put it all on Ether????

>>27093245

>>27092556

Only have 6 ;___; want atleast 30 so I can make it AHHHHHHHHH

>>27095464
it's 32 and same anon i only have 13.

Rocket is getting fueled

>>27092556
Bought enough ETH today to swap into a Statera suicide stack. Feels comfy.

>>27092855
checked and eth-pilled.

>>27094174
ngmi.

>>27095542
I'm holding 105 even tho I sold almost half a few days ago and even I know I won't make it with a stack like this.
Actual ETH make it stack is 500 ETH, sorry.

>>27092855
I do. Better be nice to me anon

>>27092556
word I be buying them efferiums like crazy

>>27095894
fuck you rajeesh

>>27095322
Yes or sell at 0.01 where it is supposed to be

unironically this whole gme and liquidity issue with market makers is so fucking bullish for all of crypto and blockchain technology in general. we are early. we will see massive adoption over the coming year or two.

>>27092556
not buying until its under 1k
not buying bitcoin until it goes under 25k
it will happen. just wait

>>27092723
It won't look that way when ETH is above $5K, minimum, this year.

>>27092556
Buy eth and also one dex of your choice

>>27095322
honestly doge looks amazing right now it's painting classic bull pennant
I'm thinking of buying some myself lol
I'd probably go 50/50 DODE & ETH, not even meming

>>27095995

this

>>27095995
fo sho it's specially bullish for doge

>>27096098
this anon knows.
people aren't understanding the gravity of this whole GME and liquidity crisis currently on-going with the stock exchanges.

>>27096089
Not gonna happen

>>27095879
Make it stack has always been 32. Same as 1 BTC

>>27092556
Fuck off nigger, ETH is already way overpriced at 0.04 BTC, it belongs at around 0.02.

Brainlet here, will Eth be more or less valuable once Ethereum 2.0 releases? Isn't the point that gas fees should become less?

>>27095989
>>27096120
Where is the best place to buy Ether? Revolut sells it but idk about that app

>>27096344
eth will become the center of the global financial system if eth 2.0 works friend

>>27096272
We are in a bull run everything is overpriced retard but things will pump much further later in the run

>>27092556
I have 0 trading experience, don't even know how to buy stocks much less crypto, have no job and about 12,000 dollars to my name. Would it be wise for me to buy a single ethereum?

>>27096397
Stop being a faggot and go to some proper exchanges like binance or at least coinbase you retarded zoomer

>>27096344
bobo answer: fck you
redpill answer: just buy with everything you got and eat ramen for 4 months top

>>27096237
Absolutely deluded cope.
Make it BTC stack is 21 btw.

>>27096344
>clearing firms cannot fulfil current stock exchange demands due to capital issues
>these capital issues stem from physical delays of non-digital blockchain currency, i.e. fiat.
>liquidity crisis on-going
>NYSE is on the verge of collapse without governmental support
>clearing houses and brokerages are calling for blockchain solutions

If ETH 2.0 can scale, and that's a big IF, then it will be inevitably worth hundreds of thousands, if not millions. Unironically.

>>27096531
Fucking yes. Just buy and forget about it for 6 months. You'd probably at least 3x by then.

>>27094880
just use google, newfag
fucksake
you want everyone to spoonfeed you information?
GTFO retard
>fucking euro nigg

>>27096120
Doge literally has no value. It's a literal meme coin with the sole purpose of being a pump and dump for newfags and teenagers.

>>27096531
Mid to long term yes

At some point soon it MAY dip below 1k again but I doubt it. It's going to go up. If you buy one now and hold it for a year or two you'll probably 5x your money if not more

>>27096555
I have Binance but I cant find it on there

>>27096676
JESUS CHRIST CAN YOU READ NIGGA

>>27092556
>after stagnating at 600 and then mooning to 1300 overnight 3 weeks ago
yeah you think that is sustainable, it's only a matter of time before it returns to 600

>>27096531
Don't ask 4chan for financial advice.

>>27095542
32 is suicide stack, not make it.

>>27096762
Type ETHUSDT

>>27096691
yeah obviously i wouldn't want to hold it too long but the chart looks amazing, this is very bullish continuation pattern, meme s are alive and well and weekend just started (no stock trading)
ETH is amazing and comfy long term hold, but i think DOGE could still legit double from where it's at

>>27096531
No, it would be wise of you to buy 10 of them

>>27096900
>ETHUSDT
thank you sir
Would you say this is a better investment than Bitcoin? Given ill be putting in less then 300

>>27094174
he meant $40 worth idiots

>>27096789
Oh you poor soul

>>27092556
wish I wasn't a poor and could put more in it i've got .67 of a ETH

Don't hold eth for more than a week unless you have a stockpile of pink wojaks at the ready.

>>27097174
Given you don't give a fuck about risk since you bought doge. Yes, more potential and better fundamental. The reason it worth even a penny less than bitcoin is it wasn't the first.

>>27097348
yeah I had 25 of them

>>27094174
Larp or Humble bragging Tranny Cuckhold

I hold 4.5 True poorfag frens

>>27092556
I got some today but i put a sell order when it hits 200%
Let me be a nigger.

>>27096691
And you think that is not the most based shitcoin ever?
Lmao @ u

>>27096188
Can you give me the R U N D O W N on what you think will happen? I haven't thrown in with crypto since I'm nervous the minute it becomes big, the government will find a way to step in a squash it. How are you confident it will play out?

why would i bother with a 2x on eth if i could make 10x on shitcoins

>>27092556
Don’t tell these Reddit invaders!!

>>27098456
Others will be making 10x; you'll make 0.1x

>>27092556

>>27092855
The bogs you fucking newfaf

>>27092556
Should I just throw any profits I get from this at GRT and LINK? Is that retarded?

>>27096654
>>27096714
What makes you so confident?

>>27092556
Don't tell them yet retard, I'm still waiting for funds to clear.

I don't know bros, last few times I bought the ETH top I got burned so hard

>>27095879
ETH WILL get to 10k. 100 is the make it stack

just bought 2.3btc worth. shit gonna be AT LEAST 2,500 end of feb

>>27099917
What’s the suicide stack?

>>27100241
32 is a suicide stack like always

>>27100354
Thank the stars

>>27100241
Meme sui stack? 32. REAL SUI STACK? 10 ETH.

>>27095744
Which site can I avoid the most $ amount in fees while buying large sums of ETH
I have a bunch from a few years back though now I want to buy more

>>27096120
>50/50 DOGE & ETH
wtf happen to /biz/

>>27100514
32 is suicide
96 is make it
320 is retirement

I said it and therefore it is law

>tfw been holding ETH bags for 4 fucking years now

Holy shit moon already. All I need is one more x10 and I'll have fucking made it to 7 figures. Come the fuck on

I don't get buying cryptos with revolut.
They claim you can buy and sell eth with Eur just like that, credited in your account, is that true?
I mean, if eth go moon and I want to sell, I just have to "buy" Eur with my eth?

>>27092892
I want to nominate this man for president of investment internet forums

HEY DOGE NORMIES YOU HEAR THAT? YOU'RE IN AHEAD OF THE PUMP. Load your bags. We unpack on your distant aunts and uncles at the end of summer, spread the word. August is now AugETH. Get your shit in order.

do you guys think bitcoin will surpass the 50k top by a large margin at some point?

>>27101126
>>tfw been holding ETH bags for 4 fucking years now
diversify to memes like AVAX and ADA
3x each that

>>27096188
there was no GME narratuve when you people said 5K early January

>>27101126
How many?

>>27101388
Oh you sweet summer child.

Let me introduce you to a friend of mine...

>>27098299
well, to understand how it will play out you need to understand how the interaction between investors, brokers, clearing companies, and DTC.

let me try to break it down real quick:

>brokers take orders from investors, buy or sell
>the clearing companies received these orders from the brokers and act as the collateral
>the DTC essentially owns a monopoly of all stocks; they are responsible for the entire stock market, essentially.
>the clearing companies provide the DTC with collateral of perhaps 10% of the sale price of the stock, i.e. if gamestop was sold for $350 per share, the clearing company will have to send DTC $35 to 'secure' the stock itself.
>then, after 2 working days, the DTC will send the capital back after the whole transaction between investor, broker, clearing company, and other investor is complete and stock/fiat has been exchanged.

things get a bit more complex when you realise that hedge fund kikes have essentially taken more gamestop stock to 'short' than actually exists, thus creating a liquidity crisis because now there is a blackhole in the market.

>this can all be fixed with blockchain and digital ledger technology.
>brokers and clearing companies are actively calling for the use of blockchain and digital ledger technology.
>there is a blackhole in the stock market which is actively expanding for as long as GameStop shareholders do not sell their stocks, the equilibrium has been broken.

>>27092556
I sold my 3 stack to buy GME. Will I be able to buy back in time with my gains? If I can I would well be on my way to making it bros.

>>27101407
i agree anon, things are speculative in the crypto world, we all know this.
however, this does change things significantly now. there is a gaping, open flaw in the stock market and now everyday people are beginning to see it as brokers no longer let them trade in what is supposed to be a 'free market'.

>>27101406
I missed out on all the altcoins holding these heavy ETH bags

>>27101411
110

>>27101666
I'm on the same boat/stack. Do you have any other investments or is it just ETH rn?

>>27101092
ETH UNI AAVE SNX COMP

DOT ADA AVAX LINK

that's all you need

>>27101307
i think they work like etoro etc; they own the shares/crypto for you, if price goes up and you sell, they pay the difference, if price goes down and you sell, you pay the difference
they just know that they will make money on 80% of retail traders (aka retards), it's just a casino

>>27092855
I do

>>27096188
the GME situation is doing to damage crypto, short term at least. a ton of normies will be blown the fuck out over the coming weeks and will not be willing to buy things like crypto as a result.

>>27097720
hodling since 2016, neck yourself pleb.

>>27101996
I bought $10k each of LINK and GRT on the off chance I can get a x100 out of one if them

>>27102191
I kinda want to give it a try with 2k euros in eth but I'm afraid you can't set up any sell orders

>>27102454
Is GRT not a meme? I currently have 1BTC and 1K LINK aside from my 100 ETH but I could use a smaller coin.

Wow, DOUBLE? OMG! DOUBLE!!!!

>>27092556
Is there a comfier position to be in right now? So many people losing hair sleep over shitcoins and this GME business, meanwhile I get to sit pretty on my solid and wholesome gains.

>>27102543
Who knows if it's a meme or not, I bought in because it's only one month old and I want to be on the ground floor for once

>>27092855
Joooooos!

>>27092556
ETH to 2800 soon. Not even kidding.

>>27096691
>Bitcoin literally has no value. It's a literal meme coin with the sole purpose of being a pump and dump for newfags and teenagers.
What you don’t understand is that the “meme-ability” is exactly why this coin is here to stay.

>>27093245
>Everyone on YouTube was saying Ethereum was getting ready to moon.
Oy do they have license for that?

>>27095879
Are you me? Had 235. Sold half around $1100. Felt like time to finally take a profit after years and years for a house. If it goes even to $2k I'll feel fine with my other 115

>>27093900
You're already too late

>>27092556
>ETH
What's the best way to buy crypto without getting hit with fees?

>>27102500
it's not a trading platform so i doubt it
you can also just setup a metamask and go on wyre or simplex and buy with your bank card, but pay huge fees (10-15%)

>>27103581
binance

>>27103581
Buy ETH when it was only 240 a pop. Now the fees are irrelevant.

Just bought 0.013 ETH am i gonna make it

>>27092855
unironically me and the rest of us in the top 1% of wallets

>>27096676
What the fuck anon, delete this. You're making us look bad.

>>27104692
If by “it” you mean dinner... then no because you’d earn enough to get a nice steak and bottle of wine

>>27104692
In 30 years, yeah

I UNIRONICALLY sold 320 ETH at $120 each last year to short SPY during the rona crash. Ended up making barely anything because I shorted near the bottom, and never bought back in.

>>27092855
the market cycle, it's primed to break through ATH finally

I have a meme $900 in bitcoin on coinbase, should I convert half to ETH? Or less then half? Is convert the correct move? This not all my crypto, just what I have on coinbase. Haven't used them much how will they screw me with conversion?

>>27105039
Works for me

>>27105386
i like keeping at least 60% of my crytpo in bitcoin

one of my fav youtubers affirmed this with a technical analysis. lets gooo

>>27105088
Yikes. Damn man. Oh well. Other opportunities will arise. Keep your head on straight buddy and get 32 if you can

>>27092556
F O M O

It's time.
https://www.youtube.com/watch?v=BfnjX88Va4Y

>>27101407
Exactly.
This just makes it a higher probability.

>be me
>staking 1k ETH
>tfw

>>27100840
Reddit refugees, bots, newfags, zoomers

>>27092556
stop telling everyone wtf i dont hold 500+ yet

>>27101562
But then why ethereum? Why wouldnt they just focus on bitcoin that can already be considered a consolidated crypto coin that everyone knows what it is

>>27105536
The volume is up and the price is crabbing hard. I think once the shorts go through it's gonna climb quick. Just have to keep the volume up to prevent more shorts.

yeah i did the thing and own nintendo now. hold fellas.

>>27106534
Bitcoin is not programmable. Stocks could literally be converted into tokens compatible with DeFi protocols on the Ethereum network tomorrow.

>>27106761
If the fuckin clearing houses used blockchains we would be mooning already.

>>27096531
Work out what you afford to lose if it all went to zero.
Subtract $500 from that amount. Call that amount X. Split X between BTC-ETH-LINK and hold until mania levels.
Gamble the $500 on a shit coin after watching /biz/ for a few weeks straight
Good luck

Thoughts on d0x?

>>27106534
BTC is hard money. ETH is programmable money.

>>27092820
wont happen

>>27107071
>>27106534
So what you guys mean is that for example a site that offers some kind of services (for example a shop), can let the consumers use ETH to pay for something, because it's a programmable coin; but the same isnt possible with bitcoin?
Is that what you mean with programmable money?

>>27106906
Good advice, we are all in this together frens.

>>27105088

>>27099875
Shouldn't have sold on a loss retard.

>>27107266
No, it's programmable in that you can have built in conditions automatically execute contracts. Buttcoin is just a public ledger

>>27107266
Indeed. You can make a program that execute if x happens on eth, all decentralized. Lending, borrowing everithing can be done on eth.

>>27092556
ETH looks fantastic in the long haul because of its tech implications. ETH and ADA are going to fucking explode over the next 3 years because of this and that’s why im HODLing those while playing patty cake with defi and other shitcoins on the side. Buying ETH like a cumbrain expecting an instant turnaround rn when there’s so many other coins to do that with in the market is so retarded. I’m not saying don’t buy ETH, but if you buy it fuckin sit on it.

This is not financial advice

The market conditions are so perfect right now. The huge influx in new retail investors, institutional investors eyeing CBE futures, wallstreet distrust and defi, the new ethereum/reddit partnership, more stimi checks coming.

Not to mention eth2 staking and eip1559.

Ethereum is on track for at least $5k this year, I would not be surprised to see $10k+

>>27108388
Can I get a rundown on ADA?

>>27108466
Fuck eip1559

Should I hold my ETH or swap it for shitcoins on Uniswap?

>>27092723
Not when its sitting at 5k to 6k by summer...

>>27092723
If it doubles, your money doubles, it doesn't matter if it costs $1 or $1,000,000 per unit.

Buying 2k of ETH do I hold it or buy some retarded fucking memecoins help bros

>>27108543
Essentially shooting for ETH 2.0 with proof of stake to cut down on gas fees, then having contracts running through the plutus API.
Very comfy.

>>27108555
you kiss your mother with that mouth?

NO ONE HAS SAID IT YET I'LL BE THE ONE TO DO IT
ETH PIECE OF FUCKING CRABBING SHIT I AM FINANCIALLY RUINED EVERY FUCKING FAGGOT COIN GOES UP A GORRILION PERCENT AND ETH IS STUCK AT 1300 IT CANT EVEN PROPERLY BREAK THE ATH YOU PIECE OF UTTER DISAPPOINTING PIECE OF SHIT AND ONCE BITCOIN TAKES A DIP THIS PIECE OF FUCKING SHIT SHITS THE FUCKING BED AND GOES DOWN AT LEAST TRIPLE THE PERCENTAGE AND BLEEDS SATOSHIS CONSTANTLY FUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHITFUCK YOU PIECE OF SHIT

ETH is trash and within 6 months you'll see DEVs jumping to Cardano.

>>27105088
Kys

>>27108814
looks like someone is having a case of the mondays!

>>27107564
>>27107389
I'm reading some stuff online, so eth is kind of a botnet? It runs on several computers around the world, and theoratically when you buy ETH what you're buying is "runtime" in this computer to run a program. And somehow nobody can turn it off.
So theoretically a psycho murderer AI could be programmed into ETH and nobody would be able to stop it without bringing down the world economy, since by the time Ethereum acquired enough computing power, it would be a significant part of the world's economy?

tell me why i should put my 250 in this over Bitcoin

>>27108731
I like the sounds of it.
Just taking a quick look at the chart right now, looks intriguing. I'd say it is poised to drop a bit and could be a nice entry in the next week or so.

>>27108555
Yes, you miners will be sad. But staking is a much more efficient way to secure the network. It will be more decentralized, 10,000x faster, and use 99% less power.

Ethereum is the future. There is no doubt about that.

>>27108696
do you have other income?
if yes, just wait for 1040 ish and DCA from there
if no, buy AVAX

>>27109057
Not a botnet, a network. In layman's terms, a bunch of computers connected via P2P all running the same software. You can use ETH to pay for gas, which allows you to deploy and interact with programmable money. No one can turn it off because it's completely decentralized.

>>27105386
I'd go half into ETH. BTC has already 2x'd its ATH and ETH has a lot more use cases.

>>27092556
Who has JP Morgan, Intel, Microsoft, Visa and now Reddit as partners? Protip: not ADA not DOT. You would do better investing in doge at this point... Why are you choosing to tto be poor...? On the contrary my lityle smurfs, the path lies forward in Ethereum's field's of DeFi... Chain Link will be frolicking there too with price tag 50 to 70 eoy. ETH? 8k to possibly 20k, if institutional interest grows.

The real beauty of ETH is you never have to worry about selling. It will stabilize above $5000 within the next year, you can put it all into a staking contract and earn interest as the value climbs. If you ever need funds you can just utilize a flash defi loan.

It's the one investment that allows me to sleep well at night.

>>27109610
This. Oil Wells == Staking ETH. Passive income for generations. Developers will update the code generation after generation making it the single greatest buy since oil was struck in the 1800s...

>>27109859
It's not much, but it's honest work. $14 an hour but it works 24 hours a day!

>>27110166
How do I stake my eth man?

>>27110451
Do you speak computer? https://launchpad.ethereum.org/

If not, use a staking service
https://beaconcha.in/stakingServices

>>27092556
Already put my Doge gains in ETH. Get on my level.

>>27109350
>>27107564
>>27107389
But this sounds kinda dumb. It's fucking slow because everyone in the blockchain has to be updated when you're running a program on this "super computer". The fact that all this data is constantly flowing everywhere makes the bandwith of the internet a bottleneck.

>>27109609

Yikes, enjoy holding the yahoo of crypto world.

>>27110803
This is how the internet works. It's only slow because it's using PoW which is intended to be slow by design. PoS changes the game and will make things blazing fast.

TL:DR - only 1 computer needs to do all the work at any given time and then broadcasts teenie tiny proofs that everyone else can verify.

>>27110166
Sauce?

>>27110803
Well if this guy doesn't get it we may as well shut down every crypto project. It was fun while it lasted, guys

>>27110735
you too?

>>27111164
I'm staking my own ETH. It's a Grafana dashboard I built.

>>27110166


Congrats on this. There's nothing better than a rapidly appreciating compounding asset that is destined to be the world computer.

It's just a matter of time before people start to understand what the ethereum network is capable of and realize the ramifications of this.

>>27101523
have updoot

>>27092556
Admittedly, I regret not buying in at $200 in 2019. I have the utmost faith in ETH, but I cannot afford any to diversify.

>>27110166
How much do you have to have to get that kind of return?

>>27092556
How does this work? If i just put 200 in and leave it will it go up?

>>27111312
So what does it mean to stake your ETH? From what I have read is you act as a validator of blockchains? How does this Grafana dashboard work and how did you build it?
Sorry for the retarded questions as I am new to Crypto in general.

>>27109290
I sure do. Thanks nigger

>>27092723
Only percentage gains matter.

>>27095744
Checked and Stat pilled.
10k suicide here.

>>27111366
thanks brother. believer since 2016

>>27111565
1k

>>27111831
I'm using my ETH as collateral to provide security to the network. I get rewarded for this service. Grafana is just a UI for monitoring the clients I'm running

>>27112570
Okay that makes sense. Did you have to code the UI yourself?

>>27113397
No. Grafana is open source. The dashboards are simple to make. There's a bunch floating around depending on the ETH2 client you're running.

Is this staking site reputable?
https://eth2.ankr.com/
Does anyone here have experience with them

>>27113616
Okay sweet. Do you just let the program run on your computer and that is it? Or are there more intensive aspects to it?
Is there also pools for this if you do not have 32 ETH?

>>27113624
Never mind the yearly earnings aren't worth staking with that website.

>>27114242
Yeah. That's pretty much it. Run the software. Make sure your internet connection isn't throttled. Make sure you keep it online 24/7 as much as possible.

Yes there's staking pools and services if this is too technical for you

>>27114402
>if this is too technical for you
I think the issue is having 32 ETH

>>27114402
What's the return on running your own node vs pools?

>>27114402
Do you use a separate rig? What are the system requirements for doing this?
It sounds relatively straightforward overall, I don't have 32 ETH though so staking alone wouldn't be possible from what I read.

Thinking about buying ETH now, but how do I know that this isn't just going to happen again (pic rel).

>>27114521
No idea. If you run your own node there's no fees...

>>27114569
Yep. Got a separate linux server. Requirements are a joke. You could even run this on an old Mac book

>>27104800
>You're making us look bad.
You were about 20 years late.

>>27114583
don't buy then, fags will always be fags
it's okay anon
later you FOMO at $2k and post wojaks regretting not to buy

>>27114583
We're at the beginning of a bullmarket, but if you want a different answer: you don't know, otherwise everyone would be balls deep in eth right now

>>27114583
Looking at the charts anon, the technicals imo show it will drop a bit but there will be a bull push afterwards. I would buy the dip looking at the 1Y chart.

>>27114765
What kind of power costs do you see from this? Not much assuming based off the low requirements?

>>27114583
No way to tell. No crystal ball

>>27115142
I'd be more worried about internet bandwidth costs than power costs. The answer is I don't even think about it because it's so low

>>27115457
I didn't even think of that. Do you have any ideas of how much bandwidth it eats up?