/biz/ - Business & Finance

>>56096747
Emin Gün Sirer is CEO of Ava Labs and Technical Advisor for the CFTC, hes untouchable and so is Ava Labs.
Avalanche will tokenize all the Assets in the World and all the trillons of RWAs will be on Avalanche Subnets, not on Bitcoin or Ethereum.

>>56096866

> untouchable

you sir are an idiot

avax had a presale, private, pre-minted tokens, promise of investment returns.

It's over for them, they ava labs will be fined by governments all over the world and banned from major exchanges, the project will fold up like many others soon will.

This has nothing to do with tech, this has everything to do with the arrangements of the so called "asset" and how the funds are handled.

The avax blockchain is not mineable, the entire project was just created to drain money from the 3 trillion dollar futures ETF that was approved in 2020 before it was pumped into the crypto markets.

The governments around the world especially the US are going to ensure that before another multi-trillion dollar pump that all these scam chains are banned from exchanges and only blockchains and development groups that play by the rules will be available for usd exchange.

>>56097007
>only blockchains and development groups that play by the rules will be available for usd exchange.
*Only surveillance blockchains.

>>56096747
Uhhh Redditnigger? “XRP is a security” is a personal opinion, just like “ETH is not a security”
Seethe harder.

>>56097057
Stay in your thread.

>>56097007
>avax had a presale, private, pre-minted tokens, promise of investment returns.
everything was done by the book, again. they are indeed untouchable. the US Government will never attack Ava Labs.
>The avax blockchain is not mineable
anyone can run an Avalanche Validator. its permissionless and for uptime you get rewarded.
>the entire project was just created to drain money
Avalanche is about tokenizing all the Assets in the World.
all RWAs will be tokenized on Avalanche Subnets.
>especially the US
Emin Gün Sirer works for the US Government and was bankrolled by them for over a decade. so again, hes indeed untouchable.

tl;dr better buy AVAX

>>56097057

you wanna "gift" me 80 billion xrp?

Don't worry we can find some sucke... I mean investors to keep the price above a penny the entire time I dump.

>>56097158

> the sec hasn't wrote a piece on us yet so we good

kek, it wasn't until this past 2 months that the sec charged richard heart for his hex pulsechain scam.

You see, it's all about building a case and when the time comes, the case is brought forth.

Avax's time will come within the next year.

>>56097207
which part of "Emin Gün Sirer works for the US Government" do you not understand?

>>56097212

He doesn't and no one is using avax, yet again another ghost chain, centralized and a VC dump scam.

>>56097207
>Avax's time will come within the next year.
What are you basing this time frame on?

>>56097248

The bitcoin etf is near but it won't be completed until the exchanges comply.

Do you know what the compliance is?

Yup, you've guessed it, all the shit coins that fall under a "security" must be removed.

Avax will fall under it, however the spotlight is on XRP and once this piece of shit gets slapped, everything else swept away like on wave.

>>56097225
>He doesn't
wrong
https://www.cftc.gov/PressRoom/PressReleases/8674-23

>and no one is using avax
Everyone is gonna use Avalanche, its already getting adopted by institutions because Subnets are fully customizable.
https://www.avax.network/blog/avalanche-launches-evergreen-subnets-for-institutional-blockchain-deployments

>yet again another ghost chain
wrong again, its the only Blockchain network that can actually scale.
there is currently thousands of Subnets on testnet.
>centralized
Avalanche is thanks to its new Consensus mechanism the most Decentralized network out there, they solved the trilemma.

you can proceed to cope and seethe

>>56097350
>Avax will fall under it
no it wont and you will forever look like a retard for claiming otherwise.

>>56097378

Nope, no one is using avax.

>>56096747
So link is fine then?

>>56097396
>cryptoleaks
thats slander made up by ICPoors. in the real world nobody cares about their allegations and lies.

Bank of America recently said Avalanche will profit most from the upcoming RWA Tokenization.

>>56097350
It has been near for a long time. I agree with everything you have said but think your time frames are too optimistic. You are betting on the government doing their job efficiently.
>>56097415
They call it avalaunche because it goes down faster than you can say septuple spend.

>>56097415

Nope, bitcoin and eth will.

neither avax or icp will be, both will be going to zero.

>>56097428

it's either after the next election or another 4 years.

i'm betting we will get some big global event that runs parallel with the pump.

>>56097430
>Nope, bitcoin and eth will.
What about link?

>>56096747
Wait, how can the circulating supply be higher than the total supply?

>>56097503

it will probably pump and be used to some extent, but it's not unique as there are other options available.

>>56097521

its all an illusion. there is no max supply so circulating supply doesn't matter, total supply doesn't matter. for example something like icp is minting 7000 tokens per day which are added to the "total".

this screen shot was taken 3 weeks ago, go ahead and check what the number is today.

the fact that people are still buying these vc scam dump chains is amazing and the fact that they are still operating in the face of governments cracking down is like absolutely LOLOLOL.

>>56096747
I don't think you understand that money has no intrinsic value anymore. Wasting power on mining is not money. We are not going back to precious metals, CBDCs etc. are gonna make it even less tangible, so get used to it.

>>56097430
>Nope
you were already proven wrong, give up retard.
>eth
cant scale and is too slow.

>>56097553

> wasting electricity

kek, do you think electricity is stored up in giant batteries which your neighborhood uses?

literally 3 main sources of electricity

coal burning which is old and retarded, not needed.
nuclear power plant, which is highly efficient
water dam, which is highly efficient but limited to areas where large rivers are available.

>>56097566
99.8% of AVAX holders are in the red so you are clearly not as smart as you think you are.

>>56097581
>99.8% of AVAX holders are in the red
I bought the ICO, I'm not a Laggard like you.

>>56097583
Impressive cope.

>>56097594
yea from (You)
go be poor somewhere else buddy

>>56096747

>pulsechain

I'm a validator so uh yea, not happening faggot. Either we moon or all of crypto fucking dies. The former is programmed. Go wack yourself.

>>56097626
>>56097057
>>56097158
All three of these posters are surely correct!

>>56097566
>>56097626

nope kiddos

nope your mum and pop are not going to sell their house and invest in CS:GO skins which they use Avax or Pulsechain to tokenize their new NFT assets.

It's just not going to happen.

>>56096747
Dumped my Avax for SUPRA.

>>56097655
its already happening you illiterate nigger

>>56097007
>promise of investment returns.
no crypto company/ICO ever, evet did that. Like none. This is bottom of the trash tier FUD. The bear must be shaking?

>>56096747
Absolutely based and PoW is the only way/Satoshi pilled.

>>56097683
Why not EVR? The presale is ongoing and the WALL Sprint is in full force, top 30 participants will share the prize pool.

>>56097626

>Either we moon or all of crypto fucking dies

How come bitcoin go from 0.10 cents to $25,000 but pulsechain start high then go down?

Where moneys go?

>>56097503
Aside LINK, I have a positive feeling about SUPRA in the next bull season.

>>56097007
Absolutely based.

Shitcoin niggers have been responsible for draining billions of dollars from Bitcoin into sleazy Pajeet and Turk scams in nothing for return.

Why are shitcoiners so absolutely retarded?

>>56097158
AVAX is one of the top 10 most egregious shitcoin scams out there. Probably third right being LINK and XRP.

>>56096747
SEC is losing its case retard

>>56097350
Truthposter literally MURDERING these shitcoin niggers ITT.
Holy hell.

>>56097794
>i need daddy gov to protect my original shitcoin from the competition!!
absolutely pathetic

>>56097007
bruh SEC couldn't even sue XRP, The most "security like" shitcoin on the market

>>56097366
>Technology Advisory Committee Membership

Turkroach scammer is merely a guest invited to advise some literal who Congress subcomittee on matters of technology in markets.

NOTHING to do with your shitcoin, shitcoins in general nor does it give him any protections or privelges.
Turk scammers don't get extradited from Turkey, so that's the only thing he's got going for himself when AVAX inevitably gets shut down.

>>56097406
>LINK

Lolno.
Only thing saving LINK is that XRP is even a greasier and bigger Ponzi scheme right now. But LINK is No. 2 in line to the guillotine.

SEC was absolutely humiliated on that case and will lose. PoWtards like OP BTFO
https://www.wsj.com/finance/regulation/the-bitcoin-etf-trade-is-increasingly-about-bitcoin-itself-1c8bfc8a

>>56096747
bullish for kaspa

>>56097835
>My shitcoin, printed out of thin air, in the hundreds of billions, with nothing backing it, not even electricity, or a viable network, is equivalent to the most comprehensive, enduring and secure cryptographically secured networks in the world that is Bitcoin.

TOTAL SHITCOINER DEATH.
I'm literally going to start shooting at your Pajeet-enriching niggers in the streets.

>>56097859

You already know.

>>56097905

I agree in that general direction.

>>56097908
you'll do nothing you pathetic bootlicking maxitard. you're just mad at all that btc competition buttfucking your useless boomer coin

>>56097938

> competition

whoa now

>>56097938
>Competition
>Premined shitcoins that no one uses which solve nothing

Congrats, you exchanged real money or real BTC for something of no value.

>>56097960
not talking about price you absolute retard. btc is useless besides buy and hold, it's just the original shitcoin. if i need to send value instantly and cheaply i just use any other PoS L1, + they have DEXes and stablecoins.

>>56098026

whoa whoa, easy there, e z there.

>>56098020
they solved not using a cex. your "real value" dumped 77% against the usd this bear.
>>56098033
eth is beating btc on every important metric. price-wise it also outperformed btc since its creation

>>56097859
Ava Labs isnt in Turkey, its in NYC.
Also the CFTC or SEC will never make a move against Ava Labs, you can screencap this.

>>56098100
I screencapped, now why is AVAX dumping faster than you can say double spend??

>>56098116
buy low sell high

>>56098062

> eth is beating btc on every important metric

it is and it's amazing that only a few chains followed the ETH fundamentals with innovations, while a majority created centralized scam chains.

>>56098152
only Avalanche is truly decentralized and its the only one that can scale.
Also ETH cucks wait for confirmations, on Avalanche transactions are almost instant.

>>56098166

avax is never going to ATH ever again.

>>56098179
it is, the token is needed for staking and running Subnets and thousands of Subnets are already in the works.

>>56098190

i don't know how to explain this.. but it's going under 2 dollars by next year this time.

>>56098216
>i don't know how to explain this.
thats your problem, you dont know shit about anything.
just another mouthbreather missing the next big thing

>>56098150
But you said this months ago and it went lower.
>>56098216
At this rate, it's going to $4 this year.

>>56098263
learn how to DCA

>>56096747
This was obviously coming a couple years ago, I'm surprised it has taken so long. How is ETH not considered a security?

>>56096747
SOL will do well. Not interested in buying unless it gets to mid single digits. Everything else, absolute zero interest. Maybe AVAX at $3, or single digit cents FTM

>>56098179
the market cap at the top was absolutely absurdly overvalued and it currently has like probably 1k max daily active users

>>56097164
mETH niggers don’t understand decentralization. Token holdings have fuck all to do with verification, validators can choose to burn all of that if they want to since Ripple only runs 4 nodes. mETH is a centralized ICO, PoS scam as is chainshit which is equally worse. You niggers refuse to accept founders hold over 90% of mETH from the very start and they distributed the mETH to every organization that abides their agenda. They also pump money into shilling the shitcoin and fudding XRP on the biggest crypto media news outlets. This is not a personal opinion.

>>56097207
hex was never on any major exchange you fucking retard, why would it come up in the coinbase case as a security

>>56096747
Every ICP holder is cock sucker. That shit has no future. Better follow up on the young bloods. The future is in the hands of PENDLE, CYMI, RDNT.

>>56098533
>mETH is a centralized
it's not. nobody can censor your tx, even with 80% ofac compliant nodes

>>56097794
>>56097835
>>56097908
Maxipad, while i agree these are mostly scams you avoid his point. Why are you siding with the usa government?

>>56097430
SOL is going to Zero too especially with this FTX scandal, I moved to better L1s like QANX and ALGO

>>56099833
>ALGO

lmao literally the worst preforming L1 and biggest disaster after LUNA

>>56097158
>everything was done by the book, again. they are indeed untouchable. the US Government will never attack Ava Labs.
until the compiled list of IPs and evidence showing Ava labs employees spread antisemitic hate messages on 4chan and shilled people to buy it promising profit

I don't hold cardano but it's very decentralized. Was the initial distribution problematic?

Fantom is the best chain. Sorry anon

>>56100486
Don't worry fellow cardanochad. Cardano will win and /biz/ will rope. Cardano is the biggest midwit filter ever created. /biz/ bought the vc fud and bought a bunch of vc pump and dump scams instead of cardano

>>56100772
Multichain ruined it's reputation

>>56099833
> Algo, endlessly rugging L1
> QANX, which has already been hacked
You've made an enormous mistake.

>>56098276
DCAing is the move of champions in a bear market and i have decided to do the same buying some CYMI and RIO at intervals.

>>56100828
QANX wasn't hacked, it was the bridge that was hacked and all the money lost was later recovered.

>>56098276
Just had a smile back with OGBX in the bag, after the scheduled presales, then comes the green candles.

>>56101706
Nice picks but you'd be much happier diving in on OGBX as the IDO is by the corner.

>>56097406
Why do linktards think in singular? Sell that shit and Buy RAIL or CTSI.

>mfw the A VAXX baggoid tries to drag people to his scammy bucket so he's not alone in his misery

>>56096747
What do I do if I hold all of them?

>>56096747

>>56096747
XRP has already been ruled not a security.
It has a fixed supply. It was mined. It has never been hacked.
Nothing you said applies. Yet you add it to the list.
SXGXD

>>56096747
so how are poorfags suppose to make it. is it too late, if they delist these semi-scams then you just push more people into the uniswap rugpull meat grinder

>>56099257
Big money and bankers run the operation and only braindead retards don't get it.