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16629573 No.16629573 [Reply] [Original]

ETH is objectively better that BTC yet it's only up 20% since last December vs 100% BTC. What is going on?

>> No.16629582

>>16629573
>ETH is objectively better than BTC

thats where you're wrong, kiddo

>> No.16629597

>>16629582
Smart contracts, DeFi, dApps, can be used as a layer to build upon vs store of value. I'm just not seeing your angle.

>> No.16629598
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16629598

>>16629573
>ETH is objectively better that BTC
come on now

>> No.16629609
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16629609

>>16629573
>ETH is objectively better that BTC
ETH is objectively worse than BTC and BTC is a total shitcoin.

>> No.16629613

>>16629573
market conditions. altcoins perform worse than bitcoin in bear markets, and perform better than bitcoin in bull markets. such has been the case for years now anon

>> No.16629619

>>16629582
>>16629598
How is btc better?

>>16629609
Not these faggots again

>> No.16629633

>>16629619
Monetary policy. Also BSV doesn't require every node to do every computation. ETH does and can't scale. BSV scales, massively.

>> No.16629634
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16629634

>>16629619
not premined garbage

>> No.16629637

>>16629609
>>16629633

quiet Rakesh, whites are talking

>> No.16629659

>>16629597

I will explain it to you fucko.

ETH has been (and still is) a fucking amateur hobby project of some russki dope addict with inflated self-esteem.

being first of the kind takes this shit, no matter how badly designed and implemented, to the moon, and we have seen even fucking kitties in it.

However, lots of really smart, well-educated people with no-bullshit PhDs have been hired to do real shit since then.

There are literally tens of in-house and opensource (most notably - iohk.io) implementations of so-called third generations of block chains with black jack and hookers.

You see, Ivan, your time is finished. Serious people have taken this shit over, and you, with your fucking vitalik and sergay have to go back.

I hope you will understand a third of what I am saying. Now fuck off.

>> No.16629663

>>16629637
kys faggot

To the uninitiated ETH absolutely looks better than BTC because functionality. I'm at least explaining why it's better still despite it being a shitcoin. Maybe if you stfu you might learn something for once. Like why BSV is superior in every way.

>> No.16629669

>>16629634
I agree I don't like the premine and the fact that it can be mined infinitely right now but I feel the pros outweigh the cons. As for bitcoin the only big pro I see is deflationary currency but also china has such a huge stake. Premine and 1 city having over 50% of production are both bad. ETH would revolutionize finance if no black swan gets in the way.

>> No.16629672
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16629672

>>16629573
It hasn't been around as long. This caused some custodial solutions to feel hesitant to buy anything but BTC, as it is one of the only coins that has been around this long and is this widely used.

Also, most retail traders are retarded and couldn't tell you the difference between LTC and ETH, other than Litecoin has the word "coin" in it, so they think it must be worth more.

REmember, most people are in this space because they are reject doomers of society and this is their ONLY WAY to make it. Most people in here aren't that smart. The smart people are here because they realize the middle class will forever shrink due to automation. Our future frictionless society will need smart contracts to function in order to eliminate as many middleman as possible. The smart boys are in ETH.

>> No.16629675

>>16629659
What is the 3rd gen blockchain names? And don't give me pajeet shill projects

>> No.16629705

>>16629672
ETH is absolutely a game changer, in theory. But I don’t blame the market for crushing it when they can’t get their shit together with something as basic as an issuance policy. Then there’s perpetual scaling research that never seems to go anywhere, and the launch of a new network that is thinly veiled dumpster fire. Plus the s o y infused communist culture and cliquey dismissal of any promising work that isn’t proposed by the core fuck boys. I guess when it comes down to it, the worst thing about ethereum is the people

>> No.16629713

>>16629705
the worst thing about bitcoin is the people as well. figure that.

>> No.16629725

>>16629573
I think ETH will be really successful but won't have a high price. I use the Ethereum network almost every day but I doubt I spend more than 1 ETH per year. Most of the supply is held by rent seekers who don't actually use it for anything besides speculating... thinking they're gonna dump on a someone else later who REALLY needs it. Chart looks like shit too.

>> No.16629755

>>16629672
Bitcoin SV has smart contracts and scales. Eth is just a ponzi platform for premined shittoken.

>> No.16629829

>>16629705
>>16629713

Soii boyz are definitely present in the blockchain community. I think the thing people need to realize is that the method they use to break off of society (blockchain) also has great use for the based bros who want to break off from society. People on both sides feel the central powers which control everything need to have some of their power taken away, and blockchain can do that.

>> No.16629854

>>16629573
Pretty much all alts are down massively vs. Bitcoin. At the moment, most people that want cryptocurrency just want to play it safe and get BTC.

>> No.16630156

>and cliquey dismissal of any promising work that isn’t proposed by the core fuck boys
that has to be one of the weirdest criticisms leveraged at ethereum
it's permissionless anon, you can build on it without asking anyone anything. i make smart contracts for a living and i've never been to a blockchain conference
now if you spam github with retarded EIPs altering the base protocol for no tangible gain except to yourself, you're going to get shot down

>> No.16630172

>>16629725
this is the realistic take. I'm an eth maxi but mostly for the tech and by default (there's no other truly open sc platform). but there's no viable business model to the whole thing, shortterm or longterm
incidentally this answers op's question: consider the possibility that while bitcoin may be overvalued by 100x, ethereum may be overvalued by 20x. when markets are purely speculative, they don't follow any sort of rationality. eth could go down to $10 with btc reaching $20k again

>> No.16630204
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16630204

>>16629573
Because everyone with half a brain knows it's a scam

>> No.16630305

>>16629659
are you that seething hohol from the other thread who bagholds ADA? You type just like him, and your shit is equally retarded.

>> No.16630311

>>16629573
BTC is mainstream

>> No.16630366

>>16630172
I'm a bit more positive but pretty much this
ETH is useful shit, but if a lot of people sell, and a lot of people buy, the price won't move. That's why I hold more BTC than ETH, even though I use eth a lot more often.

>> No.16630531

>>16630305

no, faggot, but I do understand what what iohk is doing and why they are way ahead of everyone else

I know who their research fellows are who is the fuck is Michael Peyton Jones

you fucktards will not have a chance

>> No.16630538

>>16630531
pretty defensive for someone allegedly so confident of his bags

>> No.16630564
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16630564

>>16630204

>> No.16630584

>>16629659
Wew dude ADA bags are some of the heaviest in the game currently, you alright over there?

>> No.16630616

>>16629829
>People on both sides feel the central powers which control everything need to have some of their power taken away,
Kek implying they aren't the whales right now shaking out the weak hands to buy cheap

>> No.16630622

>retail got burnt in the the bust
>only new money coming into the space is fund managers, professional investors, family offices
>they see through the retarded scams and snake oil - everything except Bitcoin
>Bitcoin dominance rises despite new shitcoin being launched daily

Don't worry, once BTC goes past 20k the dumb money will be back and will probably pump your worthless shitcoin one more time. Just don't end up being a stupid bagholder again.

>> No.16630623

>>16629573
> ETH is objectively better that BTC
Objectively speaking, you’re wrong