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50881941 No.50881941 [Reply] [Original]

can someone redpill me on etherium
i keep hearing about the merge and i guess its pumping but i dont know anythinga bout this autistic shit i just buy dog coins and stuff that are hot on tiktok

>> No.50881957

>>50881941
Ethereum is a scam and Vitalik belongs in a hard labor camp

>> No.50881984

>>50881941
"duh merge" is a piece of shit that'll keep staked eth locked and will make miners abandon it. look at where peercoin is. in the gutter

>> No.50882003
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50882003

>>50881957
>>50881984
Kek. What's it like being poor fags?

>> No.50882024
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50882024

>>50881941
The merge is the first of a bunch of major upgrades to ETH. It has three major effects:
The first is that it reduces ETH's energy consumption by 99.9%. So all the "muh blockchain mining is destroying the rainforest" arguments just die overnight.
The second is that it instantly removes 10s of billions of dollars of annual sell pressure that is currently created through ETH miners needing to sell ETH to cover their costs.
The third is that it massively reduces the amount of new ETH that is generated.

Some see this as quite bullish

>> No.50882075

>>50882024
Is around 290 ETH enough to make it? How much passive income can I generate from staking these in next couple of years?

>> No.50882104

>>50882075
Sorry anon, 291 ETH was always the make it stack.

>> No.50882184

>>50882075
lock your eth and witness skelly&co dump on you

>> No.50882349

>>50882003
What's it like being a drug riddled faggot

>> No.50882359
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50882359

>>50881984
>will make miners abandon it

>> No.50882391

The biggest scam ever. Sub 0 after the merge

>> No.50882404

>>50882359
>muh $ value will come from the end of the rainbow

>> No.50882419
File: 1.28 MB, 1180x1512, Screen Shot 2022-08-13 at 8.26.17 am.png [View same] [iqdb] [saucenao] [google]
50882419

>>50882391
>Sub 0
GET OVER HERE

>> No.50882529

>>50882075
for hopium:
$10,000 * 0.06 * 290 = $174000
i'd imagine that's GMI

>> No.50882566

the whole "pump" took place in an hour the rest you see on the top is fomoing retards given the slow whales exit liquidity
merge will do nothing because price isn't based on fundamentals