[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 24 KB, 1200x1200, eth.png [View same] [iqdb] [saucenao] [google]
12350302 No.12350302 [Reply] [Original]

>Does everything that Bitcoin does
>Does more

>> No.12350326
File: 24 KB, 400x400, 1544668570933.jpg [View same] [iqdb] [saucenao] [google]
12350326

>>12350302
That's why I put $4000 when it was at $88, I got 40+ ETH.

>> No.12350339

>>12350302
Except there is no supply cap thus defeating the entire purpose of holding it

>> No.12350346
File: 7 KB, 225x225, oh naww retard.jpg [View same] [iqdb] [saucenao] [google]
12350346

>>12350339

>> No.12350359

You know banks have a backend system that holds everyone's account balances? You think it would be better if you could also stream twitch on it?
More isn't always better.

>> No.12350368

>does everything that Bitcoin does
>does more

Is not immutable and inherently less secure.

>> No.12350373

>>12350339
It's disinflationary anyway. Supply cap is bullshit. By the time Bitcoin hits its cap the world will have changed considerably.

Also, this guy is right:
>>12347816

>> No.12350391

>>12350373
what stops the bitcoin miners for corrupting the blockchain today?

>> No.12350392
File: 71 KB, 452x442, boii.jpg [View same] [iqdb] [saucenao] [google]
12350392

>>12350373
Exactly or whatever makes us feel comfortable

>> No.12350408
File: 363 KB, 1600x1033, This.png [View same] [iqdb] [saucenao] [google]
12350408

>>12350302

>> No.12350415

>>12350302
king ponzi coin #1

all the ICO ponzis couldnt exist without ethereum

praise ETH

>> No.12350543

>>12350408
>treated wrongly as a currency
autists have this weird idea that people should categorize things into distinct boxes and think that 'currency' is somehow exclusionary with 'used for fees' not realizing it's synergistic.
Ether is a better currency than bitcoin and is in fact widely used as a currency, most recently as a collateral (store of value) for dai.

>> No.12350572

>>12350543
I've paid for lots of stuff with ether, what are you talking about? It's definitely money.

>> No.12350583

>>12350572
I cited the image

>> No.12350584

>>12350326
u mad 4k gains alrdy, based.

>> No.12350720

>>12350415


Centralized shitcoin without a hardcap

Pedo and friends can print more

>> No.12350726

>>12350302
centralized meme owned by a pedofile

>> No.12350780

>>12350302
LIMITED SUPPLY ANON MARK MY WORDS
LIMITED SUPPLY

>> No.12350800

What the fuck are people on about in this thread? Of course Ethereum is immutable.

>> No.12350816

>>12350415
they could, people are just too retarded to make them on bitcoin instead

>> No.12350837

>>12350720
>>12350726
>>12350780
It looks like bitter Bitcucks now have to resort to lies and rumors.

>>12350800
This.

>> No.12350878

>>12345678

>> No.12350888
File: 61 KB, 1008x435, 0xBTC.png [View same] [iqdb] [saucenao] [google]
12350888

>>12350302
>has its own bitcoin on it

>> No.12350893
File: 282 KB, 1600x1234, Moneyprinting-1.png [View same] [iqdb] [saucenao] [google]
12350893

>>12350800
>immutable

Literally free money printing like the fed.

But muh eferium

>> No.12350921

>>12350893
maximalists are cucks. just put your money in your mouth and youll be fine.

>> No.12350933 [DELETED] 

>>12350302
DAO
A
O
FORK
O
R
K
>muh immutable brockchang

>> No.12350941
File: 23 KB, 600x400, 030.jpg [View same] [iqdb] [saucenao] [google]
12350941

>>12350893
Lmao you MUST be retarded.

>> No.12350952 [DELETED] 

>>12350800
>>12350837
You are quite the stupid faggots.

>> No.12350974

>>12350373

There's no cap in bitcoin for over 100 years either after which they'll probably just remove the cap to keep miners mining, assuming bitcoin even exists then(it won't).

>> No.12350981

>>12350893

>implying bitcoin doesn't have even more forks than that.

>> No.12351014
File: 606 KB, 1325x1991, BTC hard forks.jpg [View same] [iqdb] [saucenao] [google]
12351014

>>12350893
Hmm...

>> No.12351015

>>12350933
Bitcoin also had a hard fork early on (and I'm not talking about the BCH garbage)

>> No.12351115 [DELETED] 

>>12351015
You are missing the point. The main Ethereum blockchain exists because it was decided immutability should not be upheld.

>> No.12351120 [DELETED] 

>>12351015
ETC is actually the real Ethereum.

>> No.12351126

>>12351115
The main Bitcoin blockchain exists because it was decided immutability should not be upheld, too.
https://en.bitcoin.it/wiki/Value_overflow_incident

>> No.12351147

Bitcoin should have tried harder to support the Omni sidechain rather than the lightning network, the ability to tokenize on BTC would have kept it relevant against ETHs capabilities, but instead Omni faded into obscurity before it made Tether and other forgotten shitcoins.

>> No.12351153
File: 90 KB, 600x400, Indiatraincommute-600x400.jpg [View same] [iqdb] [saucenao] [google]
12351153

>>12350952
>You are quite the stupid faggots.
I wonder who could be behind this post.

>> No.12351215

>>12350800
Remember the dao rollback? They changed this "immutable" chain.

>> No.12351634
File: 115 KB, 240x300, DwBeJPMVsAAKaAd.png [View same] [iqdb] [saucenao] [google]
12351634

>>12350326

based anon just let it sit there for a few more months and you'll have 50k in no time

>> No.12351646

>>12350302
>there are people on this board right now who will miss the second bullrun on eth

>> No.12351985

>>12350339
funny you say that, currently there's around 19000 ETH mined each day. Currently the demand for locking ETH as collateral in contracts such as MKR for DAI is around 10000/day, this number has only been increasing in the past year. After the hardfork this month the daily mined ETH will reduce to about 12000/day. We're already nearly at an equilibrium where circulating supply is not increasing, it will soon be decreasing.

Tell that to your bitcoin fuckheads.

>> No.12352001

>>12351014
No one did Bitcoin Methane yet? I’m fucken doing it

>> No.12352011

>>12351120
No longer in active development. SFYL.

>> No.12352039

>>12350368
It's not controlled by Chinks like buttcoin is.

>> No.12352053

>>12351120
This is true but no one cares.

>> No.12352056

>>12350339
BTC is gonna get just'd long term mate.

>> No.12352325
File: 656 KB, 945x705, mjrwlzddgj.png [View same] [iqdb] [saucenao] [google]
12352325

>>12350302
Been saying this all a long, when will brainlets realize?

>> No.12352584

>>12350302
No you dumb cunt.

Bitcoin - off chain computation, on chain verification

Ethereum - on chain computation and verification; basically a world's supercomputer

But if your point is "ETH is a great buy right now"; then I must admit you are most probably right.

>> No.12352586

is ETH + LINK the future of public dapps?

>> No.12352655

>>12350837
saying eth has infinite supply is a lie? kys shill

>> No.12352665

>>12350302
>Does everything that Bitcoin does

But it's not Bitcoin so I won't buy any.

>> No.12352672

>>12350302
brainlet. btc is the abstraction of the asset. ETH is everything else crypto will do. both are kings of their own empires. kys.

>> No.12352687

>>12352655
brainlet

https://github.com/ethereum/EIPs/issues/960

eth clearly won't have infinite supply.

BUT even if it did, due to proof of stake, it doesn't matter. with PoS, if you hold 0.001% of the total supply, as long as you're using it to secure the network, you're going to keep your share of the total supply at AT LEAST 0.001%, regardless of inflation rate (as you're recevingi your share's % of the inflation)

>> No.12352706

>>12350302
Enjoy your next multi million dollar hack

>> No.12352724

>>12352039
yes it is.

>> No.12352797

>>12351215
any coin can be forked to rollback, literally nothing is immutable in that sense. it is an ignored problem, whether the new (((they))) is POW mining cartels or POS massive stakeholders they can literally do whatever they want with supply. Changing the format of currency makes only one fundamental difference - everybody can see what happened. This is also why privacy based coins can never make it, a completely private coin would create the most opaque system in history, for an ant cuck so rapidly getting poorer to think this would somehow benefit them is utterly retarded.

>> No.12353056
File: 208 KB, 1232x928, Screenshot_2019-01-05_22-04-36.png [View same] [iqdb] [saucenao] [google]
12353056

>>12352672
Ethereum is a shitcoin that is incapable of doing what it was intended to do. This is why no one actually uses it. Great concept, terrible execution. 90% of Ethereum's blockchain activity is from mining.