/biz/ - Business & Finance

>>49289133

86% of crypto's do not survive the bear market

avax will be dead next run

dont be an idiot

dump your bags and get into a new project (which isnt a bnb jeet scam)

>$14 gas fees
>never forget
>going to zero soon
>will get dominated by Polygon

top 5 is fud, 2024 will be ranked BTC, ETH, AVAX

>>49289172
>>49289196
good morning sers

>>49289133
avax, near, cosmos, solana, et cetera will be gone

>>49289172
>Thinks avax will die
You don't know what this is lol

>>49289336
>why yes 14% chance seems very high to me!

idiot

see you in 5 years

>>49289336
Another eth killer right? Yawn.

>>49289461
ETH killers are great if you catch them around $1 and dump them around $100

if you baghold them.... oh boy

>>49289461
Eth killer? Avax is the Eth facilitator. It will save Eth by subnetting it

>>49289229
Cosmos isn't an ETH clone like the others. So it's not going away.

>>49289618
Why would cosmos not go away?

double spent coin

>>49289133
I'm ready to see that. The weakhands are going to be crying.

>>49289172
>>49289196
>>49289229
>>49289461
>>49289467
>>49290086

Hell no Polkadot will wipe the floor with Shitvax

>>49290464
>60 second finality
>no adoption
>founded by a latent paedo
>max 1000 validators
>max 100 parachains
>have to pay for parachain slots
>10 validators per parachain
it's utter dogshit

everyone holding these fucking L1 shitcoins will get rekt so hard.

Is there anyway to exit staling early? I want to sell my whole Avax stack (250) for Link right now, but they're locked up until end of this month, which will miss the Consensus 2022 Link pump.

>>49290609
*staking

>>49290609
no - in future can liquid stake via Benqi, then can exit when you like

>>49290535
PedoDOT will be known as the coin that was cucked to death

>>49290620
Shiieet. Thanks brother.

Biggest atrocity on the market at the moment but it always lose dominance when there's broader market crash tho, I think it's by design from AVAX whales

>>49289133
Fuck this crab dumping piece of trash coin. Going down faster than you can say double spend.

>>49289133
yes, thinking AVAX will be looking real good by end of month

over a year, almost two fucking years, and the radix devs/bulgarians are still just spweing jibberish bile on /biz/ about avax. Jesus. When it's the no.2 coin will they finally off themselves?

https://medium.com/@zaver.max/exploring-liveness-of-avalanche-d22f13b2db00
this kills the avalanche
> https://medium.com/@zaver.max/exploring-liveness-of-avalanche-d22f13b2db00

>>49294048
Not relevant for post snowman++, Literally 2020 fud (Which even then wasn't serious considering in aggerate Snowball consensus was x100 more efficient than the rest so that slight liveness guarantee trade off was 100% worth it)

>>49289172
Probably those 86% are worthless jeet-tier cashgrab shitcoins?
AVAX is nothing like that, it's a top 10 coin that's both renowned and has great underlying tech.

>>49294256
all technical arguments against AVAX are swiftly demolished so they are left with one desperate strategy: pretending AVAX is identical to random shitcoins and attacking those random shitcoins instead.

>>49290464

is this coin like Luna? heard it's about to shit the bed the same way

>>49295219
Right before it went above $100, it traded at $15.
Don't expect it to die for no particular reason.
It's here to stay.

>>49294720
This or just completely come up with narratives that have zero correlation with reality

See:>>49295219

>>49289133
>geth clone
>polkadot architecture with shit EVM instead of LLVM
sure top 5 crypto tech

>>49289133
216 is programmed as per the golden fibs. Trust the ic3 plan

>>49289133
You could say this coins Supply is accumulating, LMAO

>>49295607
I still don't understand why you aggressively spread cringe bullshit like this. The architecture has nothing in common with Pedodot and the chain itself is VM-agnostic.

>>49289336
you are a facking newb. listen to those with some time in the market. all these shitcoins will go -90pct and not recover.

>chain created by a non-white
No I will not be accumulating your shitskin turkroach vc rug tokens

>>49290571
getting rich doesn't count as getting rekt
keep paying shit fees

>>49295883
why fork geth then? why not launch it as a L2 without token?

it's going to 0.

>>49297804
At least spend 2 minutes on google reading about avax instead of asking retarded questions like these.

>>49298165
I just did but couldn't find a justification to fork Ethereum and not solve any of its scalability issues in a different way

>>49298215
Avax is 3 chains, the current C-chain is a geth fork because it was pasted together as an afterthought in 2 weeks or so. Basically it's just another subnet. You can run any VM, not just EVM, as a subnet. And it solves scalability, the c-chain has been doing the same amount of txs as eth for a while now, and the fees are under 1$.

>>49298317
if this is so revolutionary why is Ethereum not copying this tech and implementing it in its own chain?

You do realize the consensus layer does not improve performance and avax won't perform as well or have the same degree of decentralization once the state / disk size grows?

https://twitter.com/peter_szilagyi/status/1490695003118747650

>>49298317
and why would someone launch subnet on AVAX and not on ETH?

at least "pedo dot" didn't fork it's code from geth, changed the consensus algo, stole part of ETH's roadmap and gave 80% of the tokens to VCs.

In Hebrew Cashgrab we trust

>>49298531
muh state bloat, The typical "I can't come up with any fud" fud

Come up with a fud that's unique to Avalanche and not literally every other protocol next time. Avalanche consensus solve for network participation and finality bottlenecks while giving you some capacity boost on the way, It's revolutionary but it's not a magic wand for all notorious problems in distributed systems.

Also Avalanche do tackle it *much* better than Ethereum, Consensus advantage will allow them to prune the state (Where Ethereum failed), Subnets will expand the blockspace and if/when the C-Chain get bloated it's possible to just eject it into a regular subnet and put a fresh chain in the primary network (Meaning the fresh chain will instantly get all the security guarantees+validators set the C-Chain got)

>if this is so revolutionary why is Ethereum not copying this tech and implementing it in its own chain?

Ethereum is years behind their roadmap plans and you want them to add another layer of complexity by changing most fudenemtanl property in blockchains? It's not a feasible implementation at current pace of development.

>>49298854
Now i feel bad for wasting my time on you

kys subhuman

>>49298531
Because in order to change the consensus it would need another 10 years, it's already taking a lifetime just to switch to pos.
And avax is already the most decentralized pos chain by nakamoto coefficient and it can only go up from here, it's designed with millions of validators in mind.
super pruning is on it's way, so no state b;loat btw. And I just saw this:>>49298854
Now I feel retarded because i fell for the meth monkey fud

>>49298929
>never addresses why they stole 95% of the code from ETH
>argues subnets (L2s) will solve disk growth
>doesn't realize L2s have already solved disk growth on ETH


kek

>>49299076
If by chance you're not a full retard or a seething eth maxi, read >>49298317 again. eth is a steaming pile of dogshit and avax is already 1000 better than eth2, which will never come out btw. Enjoy your 200$ transactions on your dinosaur chain.

>>49299040
if avalanche's consensus were a breakthrough in computer science and blockchain scalability, ETH's consensus switch wouldn't be to POS, but to avalanche's, and more blockchains would be implementing it too. I can tell you are not a programmer or technical person. Go on keep promoting your scam coin

>>49299141
Peak midwit. Again, enjoy your 200$ transactions on your dinosaur chain and be sure to wait another 10 years for eth2.

>>49299076
Literally everything you said is wrong. Not wasting my time here, I think i know when to choose my battles.

>>49299132
ETH 2 does not exist anymore. ETH2 is already out and you can use any of it +5 L2 "subnets" already

>>49299194
>Literally everything you said is wrong

top kek

>>49299141
Ok this is a bait lmao

>>49299208
>Comparing a subnet with a L2
HAHAHAHAHHA, okay now I know you're retarded or trolling. Not going to respond anymore.

>>49299172
my dude ETH2 does exist I don't know what you keep talking about

>>49299284
ETH2 does not exits*

>>49299076
You're a literal retard mongoloid cuck.

>>49299284
ETH2 does not exist, that's why it will never be released. I agree

I'd rather switch my bags for ICP than touch ETH

try using arguments next time pejeet

>>49289133
What the fuck does Avalanche bring to the table? Woow its faster and better scaled.
Network had congestions multiple times. Avalanche is just another of those "ETH killer" copycat. You avax faggots truly are obnoxious dumb cunts

>>49299408
they are probably being paid to shill, or it's their first cycle and will be the exit liquidity for their VC overlords, or probably have a <$50k networth and are trying to shill scamcoins to at least 10x that

I have seem their script time and time again
1. Muh new consensus algo
2. Muh subnets
3. Muh ETH2 will never release
3. If neither of those work, then they will tell "you are wrong"


kek

>>49299559
Faggots are talking about AVAX like its the second coming of Christ when there is nothing really unique or big about it. It just another so-called "Ethereum Killer" with above-average technology. Ive seen so many of these type of coins with impressive tech but then someone smarter or a coin with a superior tech comes in and take its place.

>>49289133
not gonna do the regular FUDs we all heard around here, but
>that ICO distribution
Avax is one of the worst offenders when it comes to VC chains. It's in the same league as ICP and Solana.

>>49289133
Even if it isnt a complete shitcoin, it still wont pump if btc dips. Literally 0% chance. go ahead and provide liquidity or wait for another 50%+ of value to be shaved off.

>>49290609
if you think a pump is coming for consensus you should just apply for mcdonalds now you poor sweet summer nigger

>>49299408
>Woow its faster and better scaled.
you answered your own questions, those two alone make it invaluable to the crypto space.

>>49299715
You dont even know what it does. Solves blockchain trilemma, decentralized, instant finality, scales infinitely, and allows for the creation of fully customisable blockchains capable of being created almost at will allowing each to set its own gas. There is nothing else needed. First mover advantage from Eth isn't enough, which is why its been losing market share to it since it launched.

>>49294193
>Not relevant for post snowman++
still relevant
snowman++ only introduces a leader but consensus is still the same as before, liveness failure guaranteed

>>49300352
>Solves blockchain trilemma
Yeah but security only provided when the Stake in Proof-of-Stake has any value
See LUNA death spiral for whats awaiting Avalanche

>>49289133
AVAX is done. if you missed the previous mass pump, it's over. you're literally bagholding to zero right now. TRX and DOT are trying to pull a similar stunt before ETH2 collapses the altcoin market for good

P.S. - I'm still making money off BTC

>>49300369
From the article:
>Adversarial nodes are allowed to know the distribution of red and blue colors among the honest nodes
Please explain to the class how an adversary would accomplish this IRL. Even if they could it required 17% of the stake to be byzantine which is pretty close the parametrized threshold of 20%. Liveness also degrades, it's not an on off button. It just means that the (1-e) probability guarantee no longer holds. Which is fine because ETH will keep shitting out blocks even when a byzantine adversary controls the majority of the network kek.

>>49300421
You are a fucking retard. The LUNA death spiral was due to UST losing peg and the minting mechanism that backed it. It's not comparable to Avalanche in any way.

>>49301182
>Please explain to the class how an adversary would accomplish this IRL
Options.
Setup a network of nodes querying the honest ones about their preferred color, feed this data into the adversary.
Other option is to bribe the global ISPs, or as is the case for AVAX bribe just AWS to get the data.

Acoomulate 17% of stake for one actor is reasonable, especially a determined state actor.

>>49301209
>The LUNA death spiral was due to UST losing peg
I stopped reading there because you are retarded
LUNA crashed because loss of confidence in LUNA as a coin everyone wanted to just sell LUNA. Reasons for scaring the sheep herd is irrelavant.

>>49301473
I don't think you could even extract that data without having access to the machine the node is running on but let's pretend you can. You're saying it's plausible that a bad actor could bribe every single ISP serving an avalanche node the world over to intercept their votes in the space of one round, feed it into the adversary, cascade that strategy to the adversarial nodes and vote in the next round opposite the network preference before the quorum threshold is met by honest nodes? And to even enable that the adversary had the capital to market buy 46,138,897 AVAX representing 48% of the unstaked supply without anyone noticing? My fucking sides kek.

>>49289133
solana is down again, one of a million reasons to switch to the avalanche network.

>>49289133
Avalanche is making progress on subnets, but Solana is crashing again today. make sure you are on the right blockchain

>>49300284
Just get your bags ready to buy sqd and look deep in the subsquid

>>49289618
Nor is Avalanche

>>49302384
>could bribe every single ISP
No need for that many, about 4 or 5 is enough and since 80% of stake is in AWS perhaps doable with even 1.
>>49302384
>intercept their votes in the space of one round
interception and delaying their messages a few ms while feeding your own nodes the data is easy
>>49302384
>to market buy 46,138,897 AVAX
no need to market buy, just accoomulate over long timeframe
you can also get 2,000,000 AVAX for free from Avalabs just for running a Ponzi Scam coin, the cost is not that high
You also do not really need 17%, liveness attacks are profitable even with 9%, you wont stall the network forever but enough to extract MEV or arb

>>49302633
Solana is down, it means its only getting stronger while Avalanche can not even learn from mistakes

>>49303202
>a blockchain being down weekly and being restarted is good
Nuclear grade cope

>turks
>top 5 at anything ever

accumulating at 24 bucks?
>hell no

Do Kwon holds a lot of AVAX. he's literally holding on to it to pay his attorneys fees when they drag his ass into court

>>49303202
kek nice b8

>>49304011
Thanks man
I do my best to innovate FUD against AVAX its nothing personel kid, just buyed another 250 avaxies at $23.5

>>49303202
>Solana is down, it means its only getting stronger while Avalanche can not even learn from mistakes
LMAOOOOOOOOOOOOOOOO, good one, thanks for the laugh.
>my product doesn't work that means it will work better in the future compared to the one that does work RIGHT NOW
kek

>>49289133
SPOOL, great team & has utilities up and running with amazing APYs when stables are staked.

>>49305246
was worth the laughter

>>49303997
How retarded can you be ?

>>49289202
>He thinks CZ will fall after 3 months of low volume scam Bart's
He's sitting on 50 billion at this point, good luck

>>49302633
You might want to but that money into use on Spool anon, I have gotten some juicy APYs and more staking stables

>>49289172
You are just a pajeet starved of good food at birth, cause if not you should be smarter than these considering it's general knowledge that AVAX is one of the most decentralized blockchains.

>>49289196
Cause of fees, I do agree polygon can dominate these fag, it's no news the best blockhain P2Es are on polygon.

>>49299390
Such a shiilljeet, only a dumb one like you would do something this remotely dumb, i mean we have projects like NEAR which just launched their stablecoin, ALBT with their new DEX and TRON with USDD but you choose ICP, such a fucktard.

>>49289133
MUST stands a chance, Cometh has being blowing lot's of mind.

>>49303997
He could do well to stake it in the just launched ALBT/EWT pool on the Alliance DEX, the BEUR incentive will be loved by his lawyers.

>>49289593
lol the ICP retards claimed the same shit, pure delusion.

>>49299408
Retard is so dumb if he was playing cometh and his opponent played a "get smart" card the game would shut down.

>>49289133
Loaded this in my bag early enough if my memory does not fail me. I love to be an early bird in a promising project just so I get well positioned for a boom profit. I got into honeyland NFT genesis minting taking place today tomorrow and will be a risk free minting.

>>49299364
Can someone check up on this nigga, he seems to be overboard.

>subnet growth: exponential
>solana network: down
>eth maxis: seething
easiest hold of my life

dumb takes. QOM Layer1 will flip eth
>kek lfg $QOM

This thread is still up, and i am drunk but i just wanted to say
OG sub 20 buyer, feb 2021, fuck the fud, avax won. 217 eoy, 1k+ in the next five.
you have no idea how far ahead the chain is.

>>49306871
I don't give a fuck, don't @ me

>>49308983
based, nothing can stop what is coming

>>49289133
I just bought some to get the shit out of my mind thinking of the worst case scenario for the bear market. Also planning to get some EQ and try to lend with the lowest possible collateral in their future app.

>>49308983
>>49311801
based and turkishpilled

>>49289133
Their tech is pretty decent but there are lots of copy cats already, I really prefer unique ones like what KOLnet is planning to do this quarter. They are going to be the world's first marketing DEX.

>small influencer's haven

>>49289133
There is no doubt that AVAX is the second best L1 in terms of adoption/use. Unfortunately, no one knows how to value shit in this space so you have absolute horrible projects not only in the top 10 but throughout the top 100. If SBF and CZ choose to send the market back under $1 trillion dollars total market cap then maybe a lot of shit projects will be washed away.

>>49289133
When it comes to tech no asset does it for me like Railgun, standing out for its zkSNARKS tech and relayer network which allows it integrate with defi and function efficiently as a privacy protocol. Also bagging RAIL to join in the DAO and partake in governance.

>>49289133
NFT gaming is the best tech and pips are trying to earn some passive income through playing, that's why the current trend are focused on a Play To Own game Honeyland which will be released possibly around Q3.

reminder that AVAX is a shitcoin that was and is paid promoted by the same people who are paid to promote LUNA and SOL. Until the recent fiasco you would never see LUNA/SOL/AVAX mentioned separately, despite their having been better chains for years at this point. Just a reminder to you bagholders kek

>>49313625
Based

>>49306693
>muh decentralization

>>49289133
>DAI
No, I'm accumulating what's actually going to get me through the bear market. If you are not yield farming with stable coins at this point, you are only killing yourself slowly

>>49289172
The last time someone said something like tip, 2 top 10 coins went to 0

>>49289133
More into privacy coins and utilities. Quite more promising that any stupid tech right now

>>49289133
The only tech that makes sense is zksnarks. If you find any project deploying its functions, zoom in on it instead

>>49314330
But I think crypto payment token like XPRESS stands a better chances of getting more attention in the market than others

>>49314356
Any one you know?

>>49314775
>>49314356
A good one

>>49289202
good morning sir, i´m with you

remember when AVAX was at $24 and c-chain was all we had? Good times

>>49289229
good list, I would add DOT, TXA and MATIC, all through fundamental projects

>>49289133
Yes!
EGLD is one of the best you can find now at a cheaper price. Ride is another option as it offers in car entertainment and has partnership with Audi.

There is 9.9 million more Avax in circulation since the 26th.

>>49290460
>no bs 6000 tps
>no bs
hmm

no, jeet shitstain garbage

>>49289133
>40% inflation
Nah.

>>49289229
>>49316333
This

>>49289133
At the moment, I'm not. I am staking the ones I have accumulated earlier and earning passively. AXL, CAKE and BNB were what I bought earlier.

>>49316579
6 trillion when?

>>49313717
>Until the recent fiasco you would never see LUNA/SOL/AVAX mentioned separately
SOL has been the main "eth killer" rival for AVAX
LUNA yes there were people shilling it along with AVAX before the algo shat itself
Ethereum is a no brainer, will always be mentioned in AVAX threads
personally I have seen more people shilling DOT and ATOM along with AVAX (me included, buy ATOM)
and of course the Ice Pee chads are one of the most vibrant anti-avalanche users from /biz/, for some reason

>>49311801
based + redpilled

>>49317194
>Ice Pee chads are one of the most vibrant anti-avalanche users from /biz/
random shitcoin cults have been taking turns attacking avax threads since mainnet. first it was HBAR schizos, then KDA troons, now it's ICP but honestly they are so retarded that I'm thinking it's an elaborate psyop.
>DOT/ATOM/AVAX
makes sense

>>49289196
AVAX bridging with XRPL. Goodbye gas fees.

>>49289461
holy fuck is that REAL?

>>49317194
and the thread is still up.
I called it a hear ago we would see "lol, eth2.0 is coming to wipe you out" fud would start. Iv'e seen bulgarians, the radix devs, hbarbarians, ftm trainnes, algo nazis, some Rubix delenquents, actual avax holder pretending to be indians, and a couple others i can't remember, all take elephant sized diarrhea dumps on the chain. oh and ada cultist for some reason. I just don't care, none of us care.

>>49313137
You will eat the kebab and you will be happy

t. I am Turkish, I have the legal certification to convert others to my roach crusade

>>49317194
Dot Avax and atom all three very bullish anon

After the fed shakeout is over be sure to secure a bag

https://youtu.be/kts3zcktuZ8

>>49289172
>86% of crypto's do not survive the bear market
Oh well, the ones with good utilities and good marketing strategy will survive it. If new projects partner with marketing platforms like Kolnet, they'll definitely get good results.

>>49322562
Pretty good video this time. I have to say that Emin really fucked up with the unnecessary gook shitcoin swap. That was an embarassing low IQ move.

>>49324630
Yeah but it was understandable from economic perspective, We've seen how algorithmic stablecoin ate all DeFi liquidity, We also seen how many L1s tried to replicate LUNA by launching their own stablecoin in order to compete, But Avalanche didn't for obvious reasons (Too risky, Single point of failure) so they decided to bet on one of those stablecoins without tying a stable to their own ecosystem. Among the two this was by far the smartest decision (Contrary to Near, Waves, Tron etc)

LFG fud is over tho, They aren't even trying to maintain the peg to UST anymore so we can consider them as typical holders of AVAX (In case they won't just sell it back to Avalanche foundation like the official statement said), There are already many whales with bigger stack than LFG so it's still a nothing burger even in the worst case scenario

>>49301473
>LUNA crashed because loss of confidence in LUNA as a coin everyone wanted to just sell LUNA. Reasons for scaring the sheep herd is irrelavant.
Are posters on /biz/ actually this retarded? LUNA went to zero in an extremely niche circumstance where there was loss of confidence + 99.999% supply inflation in a single day. There's nothing else comparable to this.