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/biz/ - Business & Finance

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18990768 No.18990768 [Reply] [Original]

How low will it go?

I bought at $212

>> No.18990795
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18990795

$60 if lucky

>> No.18990808

>>18990768
Damn that sucks bro. Make sure to sell your bags to me when it drops another 10%. I wana accumulate more. Don't worry ill hold on tight to them, I have iron hands.

>> No.18990809

>>18990795
You are kidding right?

>> No.18990811

>>18990768
are you cucking serious?

>> No.18990890
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18990890

>>18990809
just how new are you
go back to plebbit

>> No.18990930

is it too late to accumulate before staking?

>> No.18990938

>>18990890
I've been here since 2017 newfag

>> No.18990982

>>18990795
wtf is this cat real?

>> No.18990989

>>18990768
I bought at 212 too brother. How long must we wait

>> No.18990999

>>18990930
We're looking at ETH prices being around 12-1300 EOY so that's up to you

>> No.18991010
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18991010

JUST KEK MY SHIT UP

>> No.18991013

>>18990768
I don't think it'll drop anymore, but that's my opinion.
Seems like the dump was for exchanges to wipe margin positions away and make bank, pretty sure they got about $1b today.

>Ask tether to print them money
>"No worries bro, will give it back as few days before halving"
>Pump the price with tether
>Normies think it's a rally
>Dump on normies for profit
>Send tether back and have it burned
>Keep profit

BTC rises everything, but ETH was starting to rise based on the upcoming 2.0 release. As long as there aren't a massive amount of retards over leveraged in DeFi then ETH will continue as normal by tomorrow.

>> No.18991041

>>18991013
I hold eth but where did you see it rising for 2.0? It was just following bitcoin movements and nothing more

>> No.18991058 [DELETED] 

PLEASE GUISE JUST A LITTLE ETHEREUM FOR A LITTLE KEK WHO JUST WANTS TO STACK AND GET AWAY FROM THIS HELL
PLS GUISE
0x4510FE7a68778e6639B07ca0Fd02Da5caa83B763
DO NEEDFUL SIRS
MY WAGEKEK JOB VERY HARD

>> No.18991085
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18991085

>>18990938
>since 2017

>> No.18991154

Dont sell. Thats exactly what they want. Im predicting a rise of 300% within the next coming months

>> No.18991186

Next dump to 170 within the hour.

Sold last night just before the dump. Feels so good

>> No.18991192

Please sirs

>> No.18991215

>>18991186
Weak...

>> No.18991233
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18991233

>>18990809
$50 soon
then moon to $1k
if you don't believe just hodl but make sure you sell near 1k or you'll be stuck with bags

>> No.18991245

>>18991215
Implying I didn't buy back in for 12%

>> No.18991264

>>18991192
just sell now and rebuy below 180 you stupid fuck

>> No.18991273

Ah shucks. Was sleeping and hung over. Missed it. Didn't miss corona shorts tho, feels good mang

>> No.18991291

>>18991273
I napped and had $130 in bitcoin, saw the doomp when I woke up, had more like $99

>> No.18991308

>>18991291
>>18991273
You snooze you lose fags

>> No.18991312

>>18991291
Damn bro your stack tho wtf

>> No.18991321

probably about $20

>> No.18991359

>>18990768
IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!

ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.

Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.

For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.

The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value.

>> No.18991374

>>18991359
Based

>> No.18991436

>>18991359
Dunning kruger off the charts. What a fucking shitpost.
>It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore.
Zk-rollups already allow for 2k tps on the current chain. All that's needed is sharding to handle literally every value transaction in the world.
>Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.
Every eth block has a hash of the current state, which is why contrary to bitcoin old blocks aren't needed to verify the correctness of a new block, only headers.

>> No.18991445
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18991445

>>18991359
>"We don't give two shits how technology works, beause all we care about is getting fucking rich"

>> No.18991539

>>18991436
It’s a troll.

>> No.18991636

>>18990795
is this fucking real?

>> No.18991644

>>18991359
Fucking this! Also ethereum rhymes with scamereum. So you know... Avoid at all costs.

>> No.18991666

>>18990768
$200

>> No.18992032

>>18990795
How did they get the cat to do this? Did they feed him extra that day?

>> No.18992138

>>18992032
seriously, is this real? where is this cat located at?

>> No.18992567
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18992567

>>18991359
not sure if this is copypasta or not, but Ethereum is the opposite of spaghetti code. the codebase is carefully thought out, planned, and audited

>> No.18992623

>>18990768
i bought for 300 bucks, stop crying faggot

>> No.18992728

>>18990768
Got buy orders set at 121.

>> No.18992752

>>18990795
that cat has got some serious moves......

>> No.18993119
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18993119

>>18991359
thanks just bought 32ETH

>> No.18993128

>>18990768
Thanks for buying. I sold at $211.

>> No.18993222

>>18990768
80 again

>> No.18993535
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18993535

>>18990938
2017 you say

>> No.18993546

>>18991013
Please check ethusdlongs on bitfinex

>> No.18993827

>>18990938
>2017
Been here since 2010 faggot