/biz/ - Business & Finance

How does $5 EOY sound?
ETH is dead
Nobody wants to pay gas

>>29450797
It will go much higher soon.

BNB chad here ama

>>29450797
ETH was a dumbass buy, bro. Gas fees are out of control. The network has terminal scalability issues and there won't be a fix for it for a least a couple years, likely more than a couple. Likely it will be 5 years until layer 2 is fully rolled out and even then it won't fix the problems, possibly.

That is why I am all in on Cardano, personally. There are other options out there too.

>>29450797
>>29450907
>ETH was a dumbass buy, bro.
Well let me rephrase. It was a dumbass buy "in my opinion". I could be wrong, man.

Just buy the dips so you lower your average retard. I swear you guys panic for no fucking reason

>>29450797
ETH2 launch ETH will be 5k just don't look at the charts for 1 year at least.

>>29450797
No
No, lower

well in 2 years or so itll probably be more than 2k, so either take the L while you can, or just hold ur bag

>>29451022
I seriously truly believe in 2 years ETH will be worthless. So many better options coming along and coming up in the world. Why is ETH even going to exist once Cardano supports smart contracts? I'm just not even seeing why that entire network would continue to exist, truly.

>>29450797
>$1000
kek

>>29450797
i like how everyone is being shaken out before the scaling solutions/eth 2.0 go live lmao. the rage is going to be hilarious when we're at 10k.

>>29450907
This is the most obvious FUD I have read on this site.

>>29451396
Is there something I said that is untrue, anon? Would you like to take issue and factually dispute any of the points I made? You can't? Yeah, no kidding you can't. Nobody can. They are just simple damn facts.

>>29451473
Cmon every time there is a dump people here go nuts and one week later it's back to normal.

>>29450907
This is generally true, but then why tf did it grow quickly last year until it reached 1k where it crawled to 2k before shitting itself?

>>29450823
Yawn... EIP 1559 will fix this. If the miners refuse to play nice they’ll be on their own ETC2 fork. Vitalik and others aren’t going to let their vision die because of greedy fucks.

Miners knew POS was the eventuality and are lucky 2.0 has been delayed for as long as it has been. They’re just pulling nonsense because their golden goose will be cooked.

They’re bluffing anyhow, they know damn well SOMEONE will still mine ETH despite the EIP, because earning it is still profitable and will be even more so with a lower pool size.

That or more crosschain, parachain, and L2 zkRollups will take over similar to Loopring. People and markets adapt.

>>29451552
Sooooooo, what is factually wrong about anything I said? Still waiting, fren.

>>29451580
Well it was working great until it reached critical mass. Now too many people are using it so the network is cracking. It's built upon a poor design is the problem. It's more of a prototype for DeFi than an actual viable DeFi platform.
That is why so many people are excited about Cardano. That is why I am all in on Cardano. Cardano is designed to circumvent those issues.

Also Cardano is now on the verge or releasing their support for smart contracts, and I think once that happens ETH will just vanish into the wind because why would ANYONE use ETH once there are smart contracts on Cardano?

>>29451580
To give you a chance to sell. I'm glad I took it (last week).

>>29451581
EIP 1559 is the bggest, and dumbest, cope in crypto. Miners WILL reject this shit and dump on the market if forced through, wrecking investor confidence. Unironically stay the hell away from this mess of you have any brain cells.

>>29451582
Nothing about what you said about ETH but shilling Cardano is just FUD to get people to sell ETH and buy it.

>>29450907
Just like NEO totally usurped ETH, right? And every DeFi platform aside maybe Reef is on ETH, so what does that tell you?

Devs are going to migrate to another chain and go through the programming and audit process all over again? Hah!

Why is it that every one of these always ends up creating an ETH bridge to stay relevant?

ETH killers of new will be the same as the ones of old. There are many solutions available that don’t involve moving off ETH, including L2 support similar to SNX minting and staking.

>>29451666
not buying your cuck bags, Satan

>>29451716
Let me guess... you’re someone sitting on some new GPUs you just bought.

Something has to give and letting miners completely hose a network via extortion ain’t it.

>>29451733
I own Cardano. My ENTIRE portfolio is in Cardano. So for you to call my belief in it FUD or whatever bullshit is just stupid. Obviously I believe in it enough to put my whole fucking portfolio in it.
Even you admit nothing I said about ETH is wrong though, so whatever.
>>29451735
Actually Cardano has explicitly made it super easy to transpose dapps from one blockchain to theirs. And also yeah that is exactly what most dapps do. Most dapps write their programs for any platform that can support them. You can use Graph, for example, on pretty much any platform that supports smart contracts.

>>29451749
Do what you want, I don't care. I just believe in it.
To tell you the truth, I don't really want people buying for speculative purposes and pumping it up. I want people buying it because they need ADAs to run DeFi transactions. And maybe because they want to load up now before smart contract support starts so the ADAs are super cheap

>>29451666
stop shilling your vaporware scam

>>29450797
once btc stops dumping eth will moon like crazy

>>29450797
Probably closer to 800

>>29451958
>>29451749
>To tell you the truth, I don't really want people buying for speculative purposes and pumping it up. I want people buying it because they need ADAs to run DeFi transactions. And maybe because they want to load up now before smart contract support starts so the ADAs are super cheap
I mean because it causes a bubble when people do that. As it stands now I pretty much know that the value of ADA is solid and not speculative. I hate bubbles.

>>29450797
Short answer: yes.
Long answer: https://www.youtube.com/watch?v=RsM_gUlpd_A

You basically invested in Blockbuster when Netflix,Hulu and prime were around the corner

>>29451966
You people are so sick. I'm not "shilling" anything. I'm having a discussion about what I believe the future of DeFi is. I went all in on ADA in my portfolio. I believe it's gonna totally eclipse ETH and bury it. IDK how I can realistically be argued that I am wrong. I don't see anyone really doing that. Everyone is just saying "hurrrrrrrr, ur shilling ur bags"

>>29451132
LOL so never

>>29452036
Kek. Yeah. Spot on analogy.

Cardano will be the biggest Ethiopian DeFi platform

>>29450797
It's just a new accumulation phase retard 3k by May, 20k EOY

>>29452060
You’re wrong because there’s not a live DeFi ecosystem on ADA, and if there is they will be playing catch up.

It’s like suggesting that Linux gaming will overtake Windows gaming simply because of some stupid security vulnerability or temporary flaw.

>ETH got shitraped by binance coin
>has massive fucking fees for no reason
>all it has left is dedicated miners with millions of dollars of mining equipment propping up this shitcoin
>DONT WORRY BROS ONCE WE MOVE TO STAKING AT GET RID OF MINERS WE CAN FLIP BTC
god eth holders are so fucking stupid

>>29452036
and what would those netflix, hulu and prime would be in this case?

>>29450907
just curious, why do you think DOT was/is beating ADA? I'm a Cardano holder myself but I never understood why polkadot is doing as well as it's doing.

>>29452695
They can coexist. Again, when Blockbuster fell, it wasn’t just one company that took its place. Netflix, redbox(temporarily), Hulu, and prime all stepped. ETH is blockbuster. DOT, ADA, BNB are the faster cheaper streaming services. Not sure who Redbox is in this analogy however

>>29452532
DOT, ADA, BNB

>>29450893
why are you straight?