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/biz/ - Business & Finance

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3803873 No.3803873 [Reply] [Original]

Plain economics. You guys really expect Ethereum to go any higher? If you want to double your money on ETH is has to go to 56 billion. Double that and it has to be 112 billion. The question I ask the biztards is..........does ETH really value 112 billion dollars? Nobody fucking uses it and it's utility isn't Apple which currently as that type of marketcap. What are you guys smoking?

>> No.3803887

>>3803873
>nobody uses ETH
>fucking Disney just made an ERC20 token...with ETH
ETH is literally what every company trying to get into blockchain technology is using right now.

>> No.3803896

You're a moron. Commenting on supply and then arguing from a marketcap perspective. Pick one

>> No.3803904
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3803904

>>3803873

Dude that is dumb. Coins aren't units of economic output.

Its just playing with where the decimal is at.

You could split all BTC into 100% more coins and the value of all your coins that you owned and that on the world market still remains the same.

And its not like people who deal with BTC trade in fucking integers.

AGAIN WHO FUCKING CARES WHERE THE DECIMAL PLACE IS!

>> No.3803908

>>3803873
Every ICO worth anything is on ethereum you dumb fuck.

>> No.3803916
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3803916

>>3803873

Example: When a company splits their shares on the NYSE/NASDAQ, does the value of your portfolio go up and down as soon as they do it?