/biz/ - Business & Finance

[Anonymous No.23746803]

TIME TO CATCH UP TO BTC LET'S FUCKING GOOOOOOOOO

[Anonymous No.23746818]

>>23746803
WTWTWTWWTTTTF WAS THAT

[Anonymous No.23746875]

>>23746803
HOLY SHIT 4 MORE DOLLARS IN 2 MINUTES

[Anonymous No.23746884]

based vitalik

[Anonymous No.23746893]

Flippening is back on the menu

[Anonymous No.23747377]

this shit should be at $10,000 by yesterday rrrrrreeeeeeeeeeeeeeEEEEEEEEEEEEEE

[Anonymous No.23747387]

man this is weak, why don't we deserve monies

[Anonymous No.23747410]

btc absolutely mogging eth since October

[Anonymous No.23747433]

>>23747410
Wait a year and half then move to eth.

ETH inflation = 14000 new eth mined per day
BTC inflation = 800 bitcoin mined per day.

Do the math , eth seller pressure is monumental when it goes down.

[Anonymous No.23747449]

>>23747410
an absolute blessing for those in the know

[Anonymous No.23747492]

>>23747449
yep. time to buy ETH right fucking now.

[Anonymous No.23747503]

>>23747377
Checked. We're coming for you grandpa BTC.

[Anonymous No.23747522]

>>23747433
bruh, you're actually some kind of retard
>wait a year and a half
because you knew this was exactly the day bitcoin was going to go ballistic, how are you even trying to make any sense?

[Anonymous No.23747533]

>>23747449

few understand this

[Anonymous No.23747538]

>>23746803
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.

[Anonymous No.23747549]

>>23747522
>because you knew this was exactly the day bitcoin was going to go ballistic

Yes

>how are you even trying to make any sense?

ETH inflation is around 4.50% even dogecoin has lower inflation , however steady inflation is also decreasing inflation relative to an already high stock.

23% of eth are in exchanges

https://www.viewbase.com/exchange

btc was 9% on a few weeks ago and going down, soon 1% of btc will be on exchanges and the market will be out of btc.

[Anonymous No.23747645]

>>23747538
So should I put $1000 into ETH tmrw?

[Anonymous No.23747667]

All good things to those who wait

[Anonymous No.23747703]

>>23747449
>>23747492
is it too greedy to wait for one more leg down on the ratio?

[Anonymous No.23747739]

>>23747538
>it can't fucking scale
and bitcoin can?
>>23747549
btc is also above 3% rate, i really fail to see how that is the main reason for selling pressure, it's utterly pointless with coins that have this much market share dude
stop your pointless maximalism

[Anonymous No.23747771]

Anyone who was around last bull run. Knows after BTC, ETH melts faces off

[Anonymous No.23747806]

Organic growth no Tether required (unlike BTC)

[Anonymous No.23747849]

>>23747739
>btc is also above 3% rate

That was before the halving.

bitcoin inflation now is bellow all fiat currencies , real estate and gold at around 1.50%-1.80% per year.
Monero follow close at 2%
Then litecoin at 4%
Dogecoin at 4.20%
Ethereum at 4.50
Dash at 6%
Zcash at 60% (memezuela tier yes)

[Anonymous No.23747868]

[Anonymous No.23747921]

>>23747703
probably. You're already getting left behind. All coins rose slightly as BTC took off, now they will catch up with even higher % as BTC gains are sloshed into lower market cap coins.

[Anonymous No.23747973]

can i get an honest answer on what the strategy is here bros? Am I going to want to sell half when ETH hits like 1000$ and wait to buy back in when it dips again? Or should I just hodl forever. I only have like a 7k account and am learning how to grow it for now

[Anonymous No.23747981]

>>23747538

Yea, most or all tech needs constant upgrades and updates. How is that an unusual bad thing?

Guess Windows will never be successful either, because it needs constant updates and shit?

[Anonymous No.23747986]

>>23747973
there is no certain number where you can time it perfectly. you just have to read the temperature of the room and know when it's over.

[Anonymous No.23748029]

>>23746803
Why is this mooning?

[Anonymous No.23748152]

>>23748029
announcement of ETH2.0, following BTC rise due to election, etc

[Anonymous No.23748160]

If eth2 really hypes up and gets regular investors interested it will be huge. It almost flipped in 2017. If half of btcs market cap flowed into eth it would be at $2k, that could happen next year.

[Anonymous No.23749221]

A is about a 3 year time frame, B is about 3.5 year time frame. both in similar points in their respective market cycle histories...

where the chart endsBTC then crossed above $500 for the 2nd time in itshistory... it never went below $500 again.

two weeks later it crossed $600. 15 months after it crossed $3k - and to this point (and desu forevermore) has never dipped below again.

Will eth follow suit?

[Anonymous No.23749285]

>>23748029
You had 4 years.

[Anonymous No.23749323]

>>23749221
It absolutely will. People here will be surprised when ETH hits $2k+ but it is inevitable. Bargain prices right now. ETH has unbelievable utility compared to BTC and currently BTC has 6x the market cap of ETH..

[Anonymous No.23749389]

>>23749323
>unbelievable utility compared to BTC and currently BTC has 6x the market cap of ETH..

yeah, i agree. i'm thinking btc gonna go 150k+ and eth over 5k, maybe as high as 10k

kicking myself rn for blundering away about 30eth in defi plays the last few months (well, I should say, atm, i'm down that much vs what I put in) -- still up on $ though at least.. i just hope 100eth + 20eth worth of defi shitcoins i have left (aave, snx mainly) will be enough to still make it

[Anonymous No.23749410]

>>23749389
>yeah, i agree. i'm thinking btc gonna go 150k+ and eth over 5k, maybe as high as 10k

sure
in 5 years or so

[Anonymous No.23749423]

>>23749410
i mean, geopolitical shit can mess with anything. but i was thinking more about 3.. by 5 we'll probably be back in a bear, dipping down to 50 or 70k

[Anonymous No.23749526]

>>23747667
Not for those who wait too late