/biz/ - Business & Finance

>>53213613
Lol
Extreme close to the last high since the jew collapse the cope is unreal

>>53213613
>>53213196

>>53213810
Bro fr fr, I am noit seething, I am an ethead, but 1337 is the ultimate titanium gigaresistance for 3-3 months!

>> bitcoin
- promotes building faster better chips and hardware
- helps energy network, green producers with too much energy can use extras to mine.
- mining means open network permission less.
- etc etc
so Bitcoin makes the world advance faster and helps the physical world.

>> ETH
- the rich stake eth and get more eth because they have eth.
- we burn now so the rich get even more rich by doing absolutely nothing just sit on their eth
- banking 2.0 digital boogaloo

>>53214954
yes, you are allowed to buy too, you were at 10$ in 16 and you were allowed to mine it for 6 years!
FEAR?

>>53214954
Look I can copypaste too!
>promotes building faster better chips and hardware
For solving SHA-256 which is entirely useless calculation outside of Bitcoin. All SHA-256 ASICs do is Bitcoin mining.
>helps energy network, green producers with too much energy can use extras to mine
This currently works, but the same excess energy could be used for generating hydrogen from water. Here's a related Tom Scott video: https://www.youtube.com/watch?v=8UmsfXWzvEA
>mining means open network permission less
Yes, but so does Ethereum PoS.
>the rich stake eth and get more eth because they have eth
They have to keep their validator up and running, securing the network. This is cheaper vs. mining and a lower issuance is needed as an incentive, leading to lower inflation and users/holders suffering less. And you don't have to be rich, anyone can stake through minipools like rocketpool. And if you decide to spin up your own 32 ETH node it's massively more accessible than ASIC mining which is completely industrialized at this point. No economies of scale like in PoW. ASIC miners are the rich ones getting richer (more ROI than small miners (and centralizing Bitcoin mining in the process)).
>we burn now so the rich get even more rich by doing absolutely nothing just sit on their eth
Meaning ETH holders don't leak value to electricity companies and ASIC manufacturers in the form of inflation. Many ETH holders aren't "rich" and even if they were, it's natural that more money makes more money. That's how math works with percentages.
>banking 2.0 digital boogaloo
Bitcoin tried (and still tries) to do it but can't because of technical limitations and community willingness to hardfork. At least we got useless Taproot woohoo.

>>53214954

>we burn now so the rich get even more rich by doing absolutely nothing just sit on their eth

Replace eth in your sentence with btc and you have about the only meme Bitcoiners have left. Just stack sats bro!
Your arguments are stupid and the picture you posted is unironically an argument AGAINST the retarded Bitcoin farms and their insane waste.
Also the rich-get-richer curve is way more aggressive for PoW than it is for PoS. Bitcoin mining is unattainable for people who aren't already rich, PoS is very doable in comparison.

I'm so glad the battle against Bitcoin maxi's is just over now and it's not 2017/2018/2019 anymore.

GL HF, the ETH/BTC ratio is up +380% over the last 3.5 YEARS.

BTC maxi's can't write this up as a temporary anomaly anymore, get rekt or more precisely: stay rekt.
You conservative backwards thinking religious maximalists are holding back the whole scene.

>>53215095
>>53215106

you’re literally selling cheapies for whales

>>53215143
>doesn't read
NGMI, stay ignorant

>>53213613
Imagine being retarded enough to think eth is worth anything anymore

>>53215170
I opened the thread nigger ;)
Plot twist I read it now, but maxis will fud everything better than their laser eye, electric wasp chain.....
Dont try this hard, >90iq investors already stacking this shit, leave the rest for later liquidity!

>>53215193
no, bro its 0.0001$ on every exchange, you are only in the matrix!

>>53215193
If you think you are right and market isn't valuing it correctly, go short it with all your wealth.

>>53215250
yes, we should do this guys, I am selling 100k atm!

This thread is proof that ETH schizos are the same as XRP schizos and need to post in the same general >>53204952

>>53215345
why?

>>53215366
All schizo shitposting needs to be in the same place. No one else wants to read it, it's retarded and gay

>>53215382
wut?

>>53215510
>>53204952

>>53215599
I dont interested on gay things what you posted!

>>53214954
>stake eth
/biz/, ladies and gentlemen