/biz/ - Business & Finance

Eth will never see 3k ever again. Screen-cap this and Then bust a cap in your own ass

>>49252128
>round trip when ATH was like $4k
eh idk if eth 2.0 is any good and crypto summer is actually coming along than maybe otherwise it's fucked pack it up ethbros

>>49252128
Will ETH remain a bluechip in the crypto space? Yes.
Will the total crypto market cap eventually climb to 10 trillion and more? Eventually yes.
On top of this, ETH is deflationary. It will be worth a lot more once things get rolling.

>>49252176
Chill man. Avax will make it back to 60 in a few years. Patience

Just accumulate and dca Matic Eth and BTC

>>49252236
>On top of this, ETH is deflationary. It will be worth a lot more once things get rolling.
i heard somethingabout 90% supply loose or somehting idk

>>49252243
Why ETH maxis are so obsessed with AVAX? Serious question my twitter feed is full of them shit talking Avalanche on the daily.

>>49252303
AVAX is just shitty Turk knockoff ethereum. Have fun getting shitted on by VC.

>>49252128
Eth 2 comes out in July or August. That leaves a minimum of 5 months to pump. 10k is easy.

>>49252236
Agreed. Quietly accumulating as much ETH as I can until the next bitcoin halving in 2024 t. 8 ETH

>>49252243
I love how AVAX was the first competitor that came to your mind, ETH schizo. Your fear feeds us.

>>49252303
Sounds like he hit the nail on the head. Enjoy your 106% inflation.

Dont waste your time with others

Realistically all your need is AVAX

>>49252128
1 node should be enough!

Kek avax already is what ethereum wants to be in 3 years

>>49252128
What happened with this board? Its full of turk keyboard fighters.

>>49252651
A supply of 800 million? Haha, no.

>>49252128
BTC, ETH, XMR is all that matters in crypto. Everything else is fucking pointless, needless garbage that just copy cats those 3. 32 ETH is the make it stack for next bullrun. 1 BTC is the make it stack for 2030 where every whole-coiner will be a multi millionaire. ??? XMR will allow you to make it in a ?? amount of time. Anyone who disagrees is most probably a disgusting tranny and will 41% themselves soon.

There's such eth locked up now that I can't see it not dumping hard on eth 2 release

>>49252411
How much for sui/make it?

>>49252128
I earned good money from the avax I bought for $23.

>>49252980
They will do the merge first aka 0% inflation for months before the beacon chain token lock ups.

>>49252187
Naw. Eth 2.0 will crash the price. Miner will leave. Gas fees will still be way to high. Eth is Unironically over as soon as 2.0 comes.

>>49252128
32 ETH make it stack
3.2 ETH suicide stack

>>49252817
ETH/BTC/LINK/XMR in that order make up 98% of my holdings, unironically
shit on LINK but it's a for sure asymmetric upside at the moment these next 5 years

>>49252817
finally a based post.

>>49252243
honestly, you guys seem worried about AVAX. see it often enough that i might actually need to go research it.

>>49253636
You first.

funny, just read a new article thats related to this thread.
>Now consider the case of the latest generation of smart contract platforms like Solana, Avalanche, Polygon, BSC and Fantom. Instead of trying to develop their own communities in an organic fashion, most have focused on siphoning Ethereum’s by adopting the Ethereum Virtual Machine. That strategy makes it easier for users and developers to port over, but also diminishes what made these protocols special in the first place. Being clones, the only way they can distinguish themselves is by increasing capacity via greater centralization. Good for lower transaction fees, bad for why you need a blockchain in the first place.

>>49253662
have you been huffing spray paint today

>>49253776
You can calculate cant you? That picture is dated.

Interesting story.
Man I am glad I avoided most of these scams.

>>49252128
ETH is obsolete tech, it’s the Nokia of crypto

>>49252303

Because it is a genuine threat to their maxi worldview?

>>49252128
No, they need to completely undo the merge, otherwise it's dead. All proof of stake shitcoins will bleed to zero.

>>49254033
The only problem with pos is token distribution. Ethereum avoided VCs by starting out of pow.

>>49252128
my question is

will ethereum when it goes to etherum 2 be the same ethereum?

or will we now have 3 separate shit like luna

eth classic
eth 1
eth 2

if so im selling all my shit and buying btc

>>49254098

Gentlemen, your average crypto investor - an idiot who knows absolutely nothing about what they're putting their money into.

>>49254098
yes, theyre 'merging' the old POW and the new POS 'beacon chain' together into the same ETH chain, it should be pretty seamless but has never really been done on this scale before :)

>>49254136
>mfw still in the green with bitcoin

>mfw i was around for the creation of both

fuck off

>>49254166
this is what i understand but what if it fails like its looking

>>49252128
unlikely this year.

only way it can happen is if eth 2.0 turns out to be a success. theyve painted themselves into a corner. they keep promising 2.0 but it keeps getting delayed. very dangerous.

Eth is just another shitcoin and will lose number 2. You are a baggie and eth only did well cause of animal coin gambling last year. Don't shit up this board ever again same with the rest of altcoin trash here.

>t. Btc maxi

>>49254097
>the only problem with pos is token distribution
>premined +70%

>>49253803
where did you get this? saw this on a youtube video last night.

i was wondering why people were apprehensive on NEAR. im very hesitant about holding those now. an influencer was trying to reaffirm that VCs are a good thing. but all that tells me is theyre going to dump on everyone when the market dries up.

It comes down to a couple of factors:
How much hype will the announcement of the merge cause?
Did the merge go over smoothly?

If the merge is successful the price will almost certainly increase and what is a fact is that without mining the volume of new eth entering circulation will be only be about 10% of the current on. This coupled with the fact that a big chunk of people will start staking their eth WILL raise the price.

Slurping eth now is a good idea.

>>49254252
Not according to the facts
>>49253803

>>49254260
https://omid-malekan.medium.com/the-case-for-a-decentralization-premium-1db2d5f08aa3

>>49253464
I think the link token sucks but the service is invaluable

>>49252128
Only on BSV.

>>49252303
Because AVAX has a particularly bad habit of shitting on ETH for a particular feature, and then turning 360 degrees and hyping the same feature.
The latest example was L2s, which Emin has been shitting on for a year, but suddenly "L2s can connect to subnets!" and all the triangle retards are pretending this has been there position all along.

man I like this guy
>Ironically, the greatest tell of whether a project is actually decentralized is how slowly it evolves. That’s why Bitcoin takes years to execute a trivial BIP and Ethereum has had endless delays in its migration to proof of stake. This indicator also applies to dApps that move slowly due to inefficient governance. All solutions that move fast and break things will eventually be broken by market forces.

>>49254252
>On the other stride of the spectrum is Bitcoin, which never raised a penny, took its time to grow, and is now worth half a trillion dollars. Similarly, Ethereum only ever raised $16m — one tenth of the amount raised recently by Tom Brady’s NFT platform — and almost all of it came from the public. Insiders never controlled more than 15% of the token supply, and being Proof of Work diluted them further. It too has been painfully slow to evolve, but is well positioned to survive a bear market. If the merge succeeds and rollups continue to evolve then it can come out more useful than ever.

>>49253803
>>49254723
That's manipulated data.
ethereum helped insiders conceal how much ETH they have by distributing it over multiple wallets for them so they can falsely claim that htey have a wide distribution
https://twitter.com/Leerzeit/status/1479075881125617670

>>49255914
>Twitter post
I mean, got to be legit. I mean, its twitter.

>>49252128
>Can ETH reach $10k this year
If we have a good reversal base before the start of Q3 then it just might be possible. But I'm still holding my ETH regardless. At least holding it as tenETH on Teneo gives me some really good rewards that makes hodling worth it.

>>49255914
AVAX original crowdsale allocation to the public was 2%, that was changed to 10% at the last minute.
Even a 66% premine would put ETH ahead of all it's competition.

>>49255048
L2s are chain agnostic so i never understood that point desu. They'll deploy on any chain regardless what their "CEO" (In blockchains, Especially decentralised ones, The term is almost irrelevant) think about them.

Can you cite Emin saying L2s are bad? I remember him listing disadvantages of L2s which's fair and shitting on Polygon (Which's also fair lmao) but i don't remember him saying he don't want L2s on Avalanche? I know Starkware was at their summit so surely there's a large crowd among Avalanche team that like them.

>>49257200
likely his shill was "who needs L2's when we have subnets?"
but now L2s predict to scale faster without having to fracture up into subnets with their own native token for rewards that doesn't accrue shit to the base layer, so he's having to change his tune

>>49257200
and L2s are agnostic, but are data hungry and need to have good data availability to make use of, which i'm not sure if avax quite has yet or not

>>49254033
checked but imagine believing this

ETH will be deflationary soon. The old price target of ~$20k don't apply anymore. There is no question that ETH will hit $100k within the next 5 years.

>>49257398
More interested in it hitting 10-12k first.

>>49257289
They'll just fork celestia and make a DA subnet.. It's really easy.

L1s have very little to do regard this whole "modular" scaling philosophy, Just to make sure their base layer is decentralised, capable and finalise fast which's basically the same things they always aimed for. Offchain projects will take care of the rest of it, That's why i don't get the criticism around this thing, It's like people are arguing on who "cares" more rather than who does more lmao it's stupid.

>>49257529
same anon
what's the QRD on celestia?
some shit like having to pay to maintain the data off-chain somehow?
not sure why that'd be seen as better than something that could handle it all on-chain
if you're keeping all the data off chain, essentially what most rollups are, then why even "settle on a L1" in the first place?

>>49257200
>Can you cite Emin saying L2s are bad?
it has been one of his core contentions for years

>>49257600
I don't see anything wrong with what he said desu

>>49257759
How about the part where suddenly he’s advocating L2s on AVAX because he realises how inevitable zkrollups are

>>49258025
It is a hyperinflating gas hog
>26% inflation blocks your path

69k after the merge

>>49258444
Uh… checked and ready for comfy.

lmaoooo $10k?? nah, the only altcoin with potential is hbar that's growing at a fast rate thanks to the hbar foundation, and is even becoming more sustainable

>>49252381
Didnt ETH 2 just shit the bed on a test net?

>>49259560
depends on which testnet you're talking because there's been like 6 with most of them going well, FUD-kun
https://hackmd.io/@benjaminion/eth2_news/https%3A%2F%2Fhackmd.io%2F%40benjaminion%2Fwnie2_220520

>>49259560
There was a temporary reorg that doesn’t work at all on mainnet and was extremely unlikely in test net.
When you have 5 retard L1s all craving every scrap of ETH fud that they can cobble together, they tend to make a big fuss about nothingburgers like this.

>>49258444
69k rubles?

>>49259632
Whatever then if ETH goes to 4k Im past my roi on my cards so don't care after that.
Don't see much of a chance at 10k realistically

>>49252817
Delete this now basterd!

>>49252128
Eths only real product is animalcoins that are designed to soothe the terrible gas fees

>>49252128
If not this year next year which is what I'm counting on

>>49253397
>ETH2.0 will crash the price
Just like all the forks of bitcoin crashed it?
People will stick with whatever they are familiar with, holds the value and rises.

as long as MATIC keeps up their current pace then yes ETH will reach 10k

polygon already has 6 EVM scaling solutions and with polygon miden launching soon, polygon will have the fastest and cheapest scaling solution on the market rendering ETH’s traffic issues irrelevant

>>49252322
AVAX is just another trash in the blockchain wait for POLKADOT and all the garbage project will be wiped out.

>>49252128
10K is really possible anon, but it will depend on how market will fool mostly plebs in the long run. I'm also grabbinig soome Polkadot project tokens insted like DIA and PINK which has also got partnership lately

>>49253397
nice spelling, rakesh. your indian eth killer doesn’t stand a chance.

>>49261754
its the reason why I'm so positive with PINK as it would be having an integration with Moonbeam in the future.

>>49252817
this

>>49252128
Been holding some tenETH and reaching 10K is just a bonus for me. Happy to have some reflows mechanism on Teneo, I can get my rewards automatically and getting compounded easily as well.

>lyf hack

>>49252251
DCA and hold it as TENETH so it would keep on growing without putting it at any risk.

>>49252251
Selling my MATIC bag for GSTAR. Buying such a solid token at presale is a huge bonus.

>>49252128
depends what make it means...
but I would say you need 1000 ETH to make it in the next two years

>>49252128
I don't give a damn about other alts but I'm confident with ETH and Utk

>>49253001
Sui 500/make it 2000

>zero
crypto is slowly starting to go mainstream and is getting institutionalized
this will spell disaster for Ethereum cause it’s definitely not sustainable long term

i think Hedera would have a much better chance especially with HBAR foundation allocating hundreds of million of dollars towards sustainable project development

>>49252243
>86% of all shitcoins die every bullrun but avax certainly wont!

cope baggie

>>49252243
>>49252303
>>49252385
>>49252411
>>49252651
>>49253011
>>49253636
are you talking about the same chain that had gas fees soar to $14?
>top kek
>cope
>rope

>>49252128
If ETH hits 10k, Truebit will hit 1k

>>49252128

If you look at the trends you'll see that pretty much all crypto relies on BTC. Of btc goes to 0 then everything else does. Btc is, for reasons I can't comprehend, the leading force behind the crypto market it's illogical, it's irrational and it's very dangerous. Why invest in eth or some other shit coin at 1k, 2k when I can invest in ApeNFT and it will follow the same trend but give potentially endless returns if btc goes up

>>49252128
a lot of it anon, but to make it real big in the next two years, good low caps like SYLO should also be on your list.

>>49252128
if you have 5k, split it between eth and Otto on a 2:3 ratio. When Otto does a 10x and eth does a 4x, you'd be in profit.

>>49252128
>Can ETH reach $10k this year?
Yes, just as soon as USD starts hyperinflating.

>>49252128
If you buy eth now, and save it on the freeway network at 20% apy. You'd be in serious wealth when eth gets to 15k

>>49252243
Paid turk shill
>>49263836
This
>>49252128
The thread turned into a jeet and turk fest
It is therefore now an API3 discussing thread

>>49252817
I agree with you and I'm a tranny, what now?

>>49266735
>what now?
If you understood basic logic, you'd realize nothing now, other than you being closer and closer to kysing yourself.

Goddamn, this relentless AVAX fud spread here and on Twitter by mETH mongoloids is so fucking bullish

They know it's the only real future chain and legit and are scared for their fat mETH bags. You can feel it every time you read a post made by them.

>>49266864
is the AVAX community the most pathetic one to ever exist? they are even worse than ADA fags in their victim complex shilling
10 inorganic threads a day of 25 different turks crying about how oppressed they are

>>49252128
It all depends on the market movement. If we see a golden bull run this year, ETH will and my low cap bags like AXL, FWT, VRA would have done 20-50x.

>>49252128
Am off the shores thinking about ETH's future
Am rather banging my head to think of how to get into Honeyland's mint starting tomorrow