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/biz/ - Business & Finance

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3204219 No.3204219 [Reply] [Original]

give it to me straight
why haven't you bought eth yet?
fud the fuck out of me. trying to shake any biases i have to better analyze the market

>> No.3204222
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3204222

>>3204219

>> No.3204225

it's inflationary

>> No.3204232

>>3204219
i'm actually holding some, sorry OP

>> No.3204248
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3204248

>>3204219
Because I already have.

It's no joke more certain than not going to have another bull run soon to at least the old ATH of 400+, most likely will shatter it.

>> No.3204255

>>3204222
ok, icos are mostly scams.

i can see them taking eth from otherwise hodlers and converting that eth to fiat, ultimately driving down the price.

at the same time, on the internet there are a dozen shitty websites for every good one. the few good icos are worth it i think.l and the net effect on the price of eth is positive

>> No.3204268

>>3204225
theres a 100m coin cap. actually, its deflationary because dapls consume eth, and with sharding before 2020, eth will be the cheapest way to host websites.

considering eth is already at 90m units, eth actually inflates less than bitcoin!

>> No.3204317

also
i secretly believe money skeleton is an evil genius. as the number of tokens approach 0, which would not slow the network because tokens are infinitely divisible, the token would hyperdeflate, a never before seen economic situation in which all the money in the entire world wourd rapidly be consumed and end up in the hands of, eventually, one person

>> No.3204517

I have 0 (zero) money. Soon.

>> No.3204580

ETH was forced to hardfork because of hacker
It literally devastated the price for a while

you think it will never happen again?

>> No.3204592
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3204592

>>3204580
>It literally devastated the price for a while

It's still being devastated. It's on a downward trend since June, in case you haven't noticed

>> No.3204628

>>3204219
Id give it to Kanna straight, if you get my drift.

>> No.3204697

>>3204268
If daps consume ETH, does that not mean it will eventually run out? Why would someone write an app knowing it only had finite life whilst the supply remains? Why would people use it, knowing they'll lose all their info/friends/whatever when it dies?

>> No.3204731

>>3204697
because its infinitely divisible, so to pay for a website it would be: day1, 1 eth, day2, 0.5 eth, day 3, 0.25 eth, etc. do it never runs out

>> No.3204746

>>3204697
another way to look at it: it just grows in value forever, as long as people act in their own self interest, since it will be the cheapest way to communicate.