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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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10670576 No.10670576 [Reply] [Original]

I look at this market and only Ethereum makes sense long term. Why do you guys care for anything else? You all shill myspace and pets.com, while the next Apple stock is in clear sight.

>> No.10670596

>>10670576
OMG is an extension of ETH and so that's my holding because it's still relatively unknown compared to ETH.

But in general I agree with you.

>> No.10670611

>>10670576
late comers hoping to catch a repeat of ethereum's rise
>>10670596
omg is a failure, these people can't deliver

>> No.10670624

>>10670611
>I don't visit github
Stay poor

>> No.10670625

Ethereum's greatest strength is its ability to natively communicate with legacy financial systems. Oh, wait...

>> No.10670626

>>10670611
Good luck with your EOS shitcoin

>> No.10670634

Stellar

>> No.10670655

>>10670576
>only Ethereum makes sense long term
You want to sound informed? You think your opinion your little shitpost matters? Ethereum needs to scale, that's the challenge, that and oracles. As it stands it is a toy. Its not a fucking currency its a platform or others to build on.

>> No.10670678

>>10670655
It's straight forward to scale. There is no major difficulty to implement scaling. You know that, do you?

>> No.10670689
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10670689

>>10670576
>only Ethereum makes sense long term

>> No.10670695

>>10670689
Change my mind numbnut

>> No.10670716

>>10670695
>please spoonfeed me and fall for my 4th grade level reverse psychology

>> No.10670733

eth is only sure one to bounce back in few months.

check eth:btc ratio on weekly graph, cycles about to flip

>> No.10670737
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10670737

As someone with no skin in the game, Etherum does make a lot of sense. Not just the bullrun it had last year, but the actual tech behind it too. It can run laps around bitcoin when it comes to transaction times and such.

OP, why do you think ETH is the best and what do you think of the whole ETH vs. ETH Classic thing, where does that factor in?

>> No.10670743
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10670743

>>10670576
Maybe, the problem is the ICO boom in 2017. You have mountains of eth in the hands of either glass handed Chinamen or straight up scammers. They are going to market dump eth into Oblivion before any kind of recovery period.

>> No.10670770

Eth is a broken piece of crap with a blockchain over 1 TB. And it grows massively, far faster than btc's, every day. There is no fix for this in sight. The only hope is for eth to literally become centralized. Will it be worth much then? I doubt it

>> No.10670800
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10670800

>>10670678
>There is no major difficulty to implement scaling
So why is it taking so long to develop scaling solutions?

>> No.10670808

It's because you're a retard.

>> No.10670817
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10670817

Smart contracts are literally useless without the ability to connect and communicate with external data.

>> No.10670924

>>10670770
>Eth is a broken piece of crap with a blockchain over 1 TB. And it grows massively, far faster than btc's, every day.
No, that's false propaganda from bitcoin maximalists.
Eth's blockchain is about 48GB (I checked few weeks ago).
Node database that _contains_ the blockchain and result of its execution is 92GB now. That's a full node.
Archival node contains data that's only needed for block explorer and similar. Bitcoin doesn't even have that node and old data is _always_ deleted.

https://dev.to/5chdn/the-ethereum-blockchain-size-will-not-exceed-1tb-anytime-soon-58a

>> No.10670940

>>10670576
ETH is a literal scam coin built on garbage tech

price target = 0, stop loss none :)

>> No.10670947

>>10670576
>ETH
womp, womp
let me explain it to you: ETH is a bullshit incredibly overpriced bubble tulip level platform only used for scammy ICO, kitties and Ponzi games with no real usecase, moreover, ETH is still an alt, and alts crash harder than BTC when BTC silently moons, are you new? also, this hype market run in December was largely due to shit ERC20 tokens, they're dying so their big daddy ETH will die too, oh, and finally, ICOs are mostly paid in ETH, these projects are holding onto millions of ETH which they will dump on the market slowly and suppress the price, kek

>> No.10671027

>>10670947
Let me explain it to you like you're retarded, which you obviously are.
Bitcoin = drugs & speculation
Ethereum = tech

Choose your stand

>> No.10671197

>>10671027
kek

>> No.10671211

After 3 years this shit still has no use except for ponzi games and lauching more scams.

>> No.10671225

>>10670733
checked

>> No.10671232

>>10671211
Tokenized Securities coming end of this year / beginning of next year. But I guess you don't know what this means

>> No.10671234

>>10671027
wish there was a bithereum so we have a platform for tech, drugs, and speculation all in one.

>> No.10671235

>>10670695
it could be used 10x more than it is now and still be 10x overvalued at this current market cap.
Ethereum's price comes mostly from speculation like any other shitcoins, just because it has SOME utility doesn't mean much. Also lgeacy financial systems will never touch it, they will simply fork it and use without any tokens

>> No.10671280

>>10671235
by this logic everyone would run its own intranet. At some point interaction needs to occur between entities.

>> No.10671303

eth is the only coin to have broken free from the alt churn so far, nothing else has even come close from doing so, and even eth still behaves like an alt in terms of price

outside of eth/btc everything else is disposable though, which is a problem if you're trying to think long term on any altcoin

>> No.10671368

>>10670576
The difference is that Apple actually had users and people buying their stocks, and a reason to exist

>> No.10671529 [DELETED] 

>>10670576
ETH
ZRX
BAT
>>10670596
what the fuck do you mean by "extension". It's erc20? There are 20000 erc20 tokens. What does OMG do that sets it apart from other tokens and please tell me it's more than apple sticker on skateboard and thai mcdonalds.
>>10670624
there's nothing happening on their github literally nothing last commit was more than a month ago what am I missing
>>10671027
daaamn

>> No.10671541
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10671541

>>10670924
you have no idea what you're talking about

>> No.10671563

>>10670576
>smart contracts enabled by trusted oracles on our trustless blockchain guise

the absolute state of noobs

ezpz to scam

>> No.10671570

>>10670576

Came to the same conclusion.

ETH has the best and the brightest, an actual use case, scaling solution.

It is the only altcoin that matters.

If it goes under $250 I'm going all in with the rest of my savings. Fuck shitcoins.

>> No.10671580

>>10670576
Ethereum IS pets.com

>> No.10671581

>>10670596

OMG is in serious trouble, the major partners have started moving their tokens into the exchanges and dumping at very low prices, which means they have lost confidence in their project. Get out of OMG, it is seriously overpriced, stalled in development and there are already scaling solutions that are finished and demonstrated working, such as LOOM and their daughter chains.

>> No.10671584

>>10671570
LOL get your savings ready it might hit $250 today

>> No.10671602

Massive FUD on a coin = Massive buy signal

>> No.10671627

The only coins that matter is BTC, ETH, XRP
Rest is garbage.

>> No.10671636

>>10671627

>XRP

>A corporate database

kek, fuck off Xerpfag

>> No.10671663

>>10671234
That’s 0xbtc and don’t forget the pajeets on top of all that

>> No.10671769

>>10671636
>muh corporate database
Low IQ posts like these really make me laugh

>> No.10671777

>>10670576
ETH JUST DUMPED PAST $300
HAHAHA

>> No.10671844

>>10671769

>Premined shitcoin
>Denounced by their own corporate owners
>Not used by anyone
>Used merely as a personal piggybank for devs
>Will never be utilized since Ripple Labs have centralized solutions they will sell instead of ever using Xerps

The only people who own Cripple are either mentally retarded, or very new to crypto.

>> No.10671893

>>10670770

POS? O(logN) instead of O(N)?

Scaling is fine. Trust the money skeleton. He's like Torvalds and Carmack had a baby.

>> No.10671905
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10671905

>>10671893
trust the guy who premined 12,000,000 eth for himself as he plans to change the chain to PoS

>> No.10671938

all blockchain based tech is useless and unneeded. Ask yourself; why is their never a thread/general on /g about the actual tech of blockchain? On the extremely rare occasion there is, it gets torn apart.

>> No.10671960
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10671960

>bitcoin is myspace!
2015 wants its meme back

>> No.10671961

>>10671905

The currency creator is a whale. That's true for like all coins. It's vested interest in the coin's success.

>> No.10671976
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10671976

>>10671938
Maybe because Bitcoin reminds everyone on /g/ how stupid and poor they are.

>> No.10672004

>>10671961
But Bitcoin is the only coin which had an organic growth with 0 pretensions, 0 marketing, and the creator had to mine at a loss a token that was worth literally 0. He also was smart enough to stay anonymous and disappear. This cannot be recreated for obvious reasons.

Not to mention PoS and other non PoW lunacy are a fucking scam.

>> No.10672029

>>10670576
OP is right but of course all te zoomers and kiddies are hoping for "the next bitcoin/ the next ethereum" in stead of realizing the next ethereum is literally ethereum. ETH has the only worthwhile team behind it and managed to deliver on their roadmap so far

>> No.10672075

>>10671777
checked

>> No.10672110

>>10672004
this
bitcoin can never be recreated it is perfection

>> No.10672139

>>10672004
Its amazing how people just dont understand this. All this centralized premine or free faucet shit like Nano.

>> No.10672340

>>10672004
that's why the price of ETH will probably not grow all that much in the future, even if the Ethereum network gains widespread adoption. It was meant to power the network as gas, not for people to use it as a store of value, which they have. It is also why Vitalik said that ETH was overvalued at $7, since he never intended it to fulfill such a function.

That doesn't mean that the platform doesn't need a store of value, though. 0xBTC, the first pure mined PoW token, was created to fill this exact role. There was no premine or ICO, it's all community-backed. Just last week the community raised $350 to conduct the first marketing campaign in the token's history so that more people could see that an ERC20 doesn't necessarily have to start out as a centralized shitcoin. If you believe in the Ethereum platform, then it would be wise to invest in 0xBitcoin.

>> No.10672413

Man I bought 15 eth right before it dumped.

>> No.10672440

>>10672340
>m-muh bags!

>> No.10672482

>>10672440
>reply absolutely void of substance

>> No.10672513

>>10672482
0btc means you own 0 bitcoin faggit

>> No.10672517

>>10672340
>that's why the price of ETH will probably not grow all that much in the future, even if the Ethereum network gains widespread adoption...
Hmmm yes good points anon, definitely something to think about
>0xBTC
ahahahhahAHAHAHAHAHAHAHAHAHAH
AAAAAAAAAAAAAHAHAHAHAHAHAH
you fucking idiot

>> No.10672533

>>10672029
>ETH has the only worthwhile team behind it and managed to deliver on their roadmap so far

Meanwhile Casper and Plasma are repeatedly delayed.

>> No.10672544

>>10672517
where else will the wealth go on the Ethereum network in your opinion then? Into premined centralized shitcoins?

>> No.10672554

>>10672029
>deliver on their roadmap
kek. newfag detected

>> No.10672555
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10672555

>>10670576
Only autists think Ethereum will ever become mainstream

>> No.10672575

>>10672555
this pic is true.

>> No.10672578

>>10672340
you sounded like a reasonable person I agree with until you started shilling your shitcoin bags kek

but I agree with your stance on ETH, and this is hwat fanboys never understood, bitcoin is bought as a status symbol, eth is just a tool, the only thngs that matter is usefulness and performance (and those suck badly)

>> No.10672643

>>10672578
I'd genuinely like to know how you could agree with the first paragraph, but not the second. If you think that the Ethereum network will still be widely used, yet the price of ETH itself will go down, then the wealth obviously has to migrate elsewhere on the network. In my opinion, the obvious place for it to go would be a pure mined asset that is not controlled by any central party. It appears you have a different opinion, so if there's a better store of value on the network, then I'd be delighted to know what it is.

>> No.10673015

>>10671938
>He thinks /pol/ is about politics
>He thinks /biz/ is about business
>He thinks /fit/ is about fitness

>> No.10673156

>>10672004
>>10672139
>>10672110
This is how I realized bitcoin is truly the only coin worth keeping now. I use alts to make more bitcoin only for now. Maybe in future some alts will work but bitcoins success isn't from being first but being organic and honest growth before pump and dumps and no known founder personality. Even if alt tech replaces bitcoin tech alts cant ever beat that and that's why it will always have value.

>> No.10673205

>>10671570
Buy XLM instead

>> No.10673245
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10673245

>>10673205
lol

>> No.10673361

>>10673245
When faggots like you started posting this pic, XLM was not in the top 10.
It will be in the top 5 before eow.

>> No.10673371

>>10673361
I made that pic about 2 weeks ago you faggot

>> No.10673456

>>10670576
>I look at this market and only Ethereum makes sense long term.

you're a bagholder
eth is slowly dying
cope

>> No.10673476

>>10670576
Reminder that even Amazon dropped 90% after that bubble popped.

>> No.10673492

>>10673371
>he spends his time merging old pictures of XLM FUD
You should do scrapbooking faggot

>> No.10673523

>>10673492
>Screenshots of their own website is FUD
Kind of admitting defeat there anon

>> No.10673783

>>10673523
There is nothing wrong with having partnerships with 3rd world countries. They are individually poors but there are many of them.
And there is nothing wrong with having community guidelines. As an XLM investor, I can still call you a faggot on 4chan.
Concerning the giveaway, it’s been over for years now.

>> No.10673853

ETH IS DONE

you are not allowed to send your transactions with lowered Gas Price using MetaMask and MyEtherWallet lesser then 0.1 Gwei.

https://etherscan.io/tx/0xc921fafff47106c2489e2f78f648dbb426a36ea289f770cd2a9093e02b030f1f

>> No.10673963
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10673963

>>10673783
>Concerning the giveaway, it’s been over for years now.
Wrong. They still have 80% of the total supply to give away.

>> No.10674032

>>10670596
Omg is not an extension of eth lol. As long as there is no staking, shit is worthless.

>> No.10674216

>>10670947

All DEX's built on ETH... Name a DEX on a different Blockchain.
All real world tokens, DGX, etc built on ETH

Devs actually working on scaling, albeit slow, unlike BTC who abandoned scaling to implement their retarded 2014 hackathon idea

>> No.10674305

>>10674216
EOSfinex is going to render every Ethereum DEX useless.

>> No.10674351

>>10674305
Centralized shitcoin created by a pedophile and controlled by 21 random people who blacklist anyone they choose. No thanks

>> No.10674371

No one mentions ETH is inflationary so it completely fails as a store of value. The longer u hold it the less its worth. Unless they cap the supply then one day there will be TRILLIONS of Eth and they wont be worth $1k

>> No.10674383

>>10670576
Name one dapp that you have used or anyone you know has used. Can't think of one? Yeah, that's because "dapps" are a meme. There no demand for decentralized applications.

>> No.10674428
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10674428

>>10674371
Whoa yeah crazy. Imagine if there was some kind of store of value WITHIN the ETH platform

>> No.10674453

>>10670576
eth is reddit trash nobody cares about, kinda like bcash

>> No.10674456
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10674456

All of you faggots are hilarious. It's all so obvious isn't it. You missed the boat on Bitcoin, now you have to sit around convincing yourselves that you are going to make money from crypto.

Too fucking late. You're never making it.

Ethereum is a bloated sack of shit, and even if it works, it's a solution for a problem that nobody has. The financial services industry will be making their own platforms for smart contracts because they can, hence the work that Blythe Masters is doing. Not that this work is of course useful to anybody because all it amounts to is a shared SQL database. You can't make trustless, smart contracts as you still require human input and verification at each end. It's like trying to speed up a car by putting more wheels on it.

Bitcoin is the only useful crypto because it fulfils its one limited purpose of being a fungible digital asset with predictable scarcity, and also the world's first decentralised MMO pump and dump scheme.

All of the shitty little niche cases like 0xBTC are a fucking joke and depend on the naivety and desperation of you faggots who can't face the fact that you missed the easy money train on crypto and now you're all forever poor, sat around chasing dreams like a bunch of burnouts sat around at the local bookmakers betting your last savings on a horse that loses.

Just get a job and shut the fuck up.

>> No.10674462

>>10674428
God damn it reeks of curry in here wew lad

>> No.10674513

>>10674351
t.plebbit

>> No.10674520
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10674520

>>10671541
>>10670770
https://medium.com/@VitalikButerin/because-of-ethereums-exponentially-growing-blocksize-the-bottleneck-is-not-regulated-8c0acd77b3a2

BTFO

>> No.10674524

>>10674383
Use IDEX and RadarRelay. It's not about Dapps, it's about tokenization of real world assets.

People thought Dapps were the future, when it was tokenization and DEXs

>> No.10674532
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10674532

>>10672544
>0xbtc
YOU FUCKING MORON

>> No.10674621

>>10674520

>header-only checking nodes

Network collapse in 3...2...1....

>> No.10674714

>>10674621
>gets BTFO by Vitalik
>continues talking shit

lol sure you genius

>> No.10674729

>>10674032
The absolute state of crypto brainlets

>> No.10674760

>>10674520
>https://medium.com/@VitalikButerin/because-of-ethereums-exponentially-growing-blocksize-the-bottleneck-is-not-regulated-8c0acd77b3a2
This is *severely* uninformed.

>> No.10674768

>>10670576
LOL OP LITERALLY PEOPLE ARE RUSHING TO EXIT ETH THIS THING IS GONNA GO DOWN HARD !!!!!!!!!!!!!!!!!!!!!!! AAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAA

>> No.10674782

>>10674768
well the road out is clear don't let yourself be stopped, somebody has to fuel this rocket

>> No.10674898

>>10674714
>doesn't understand that Vitalik didn't address this point
>still talks shit

ETH to $1

>> No.10674932
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10674932

I bought ETH LTC LINK BCH

how am I doing guys?

>> No.10675084

>>10674532
damn, btfo