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28586832 No.28586832 [Reply] [Original]

What's the point when it can't even muster the strength to outperform king daddy Bitcoin?

>> No.28586977

>>28586832
Why would a coin with 3x the inflation (relative to marketcap) and an infinite token supply outperform Bitcoin over the long-run? If you want a "safe" alt to invest in to increase your sats, try Litecoin. It's highly undervalued right now relative to its historical ratios and has the same tokenomics as Bitcoin for moon potential.

>> No.28587047

>>28586977
Nobody told me about this. what kind of inflation is going on around here

>> No.28587119

>>28587047
It's fud, massive amount of ETH are about the be staked, making ETH deflationary. He is just trying to shill you his heavy litecoin bags.

>> No.28587294

I’ll spoon feed you anon. When big daddy bitcoin pumps, ETH dips at first then follows it up while everything else shits the bed. Once bitcoin finds a range (like 32k-38k the few weeks before the Elon pump and now in 40k-48k) the money divests from bitcoin into eth and then from eth into altcoins. ETH is draining its gains into alts right now. Just watch the next pump up you’ll see it in action.

>> No.28587405

>>28586832
It's the fees. The fucking fees are driving people away to alternative network like the binance chain. ETH's dominance is slowly getting eroded and it might get much worse once Cardano and Algorand develop their ecosystem.

>> No.28587701

i neeed eth to 10k

>> No.28587733
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28587733

>>28586832
When Cardano gets to half of ETH's market cap it will have more than 3x'd. Better tech, Ethereum 2.0 is years out. Dapps already announcing they will use Cardano.

>> No.28587744

>>28587119
When steak?

>> No.28587762

>>28587701
never gonna happen

>> No.28587960

>>28587762
5?

>> No.28588001

>>28587960
Try $90.

>> No.28588186
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28588186

>>28587047
Currently $22 million worth of Ether enters into circulation per day, which is 3.65% annually. Bitcoin is currently at 1.81% annually.

But the main problem with ethereum is that the inflation rate follows the price. The higher it goes, the higher the inflation rate becomes, which makes it pump resistant. Bitcoin and Litecoin and don't have this problem. Their inflation rates are always declining. ETH shills will go on about POS and ETH 2.0 fixing this problem, and maybe they're right, but I'm just describing reality as it is right now.

>> No.28588594

>>28588186
WOW it's even more of a piece of fucking shit than I thought. Fuck waiting for $2k, it probably won't even happen for another 4 fucken months. Fuck this, I'm sick and tired of waiting for this shit to move. I'm dumping my entire ETH stack and moving on to ADA and AVAX. ETH is literally years-old human diarrhea sealed in ziploc bags.