/biz/ - Business & Finance

[Anonymous No.24076580]

So ETH just hit $500 for the first time in 2 years. If you still have fiat on the side you literally deserve to stay poor.

[Anonymous No.24076614]

Defi sphere is developing rapidly but still difficult to find a profitable platform.
Has anyone participated in baseprotocol.org? Found blockchain experts reviews about it, sounds interesting. What is your opinion about it?

[Anonymous No.24076625]

>>24076614
Keep an eye on CUR too. They've promised a bunch of DEFI tools.

[Anonymous No.24076723]

>$496.70
ohhhh nonoNONONO mETH addicts looks like theres trouble in paradise!!! HAHAHAHAHAHAHAHAHAHA

[Anonymous No.24076870]

>>24076580
its only the firs step <3

[Anonymous No.24076886]

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.24076954]

>>24076886
Nice copy pasta, tl:dr

Also, not selling

[Anonymous No.24077051]

>>24076580
unironically just sold all my btc for ETH, make me rich money skelly

[Anonymous No.24077058]

>>24076886
im agree but ..for example..what about BTC?..its not usefull too...someone years ago invented a "internet money"...and BUM..its 18 K now...nosens totally.. so.. eth, yes, its not perfect..but the value will increase more and more in next 2 years

[Anonymous No.24077083]

>mfw I bought the top

[Anonymous No.24077150]

>>24077058
>replying to bait
lmao

[Anonymous No.24077188]

[Anonymous No.24077212]

>>24076886
wow, is this true??

[Anonymous No.24077221]

>>24076580
yeah but if btc starts shitting the bed back to 15k guess what's gonna happen to ETH? This looks like a double top

[Anonymous No.24077245]

>>24076886
This!!!1!!!1!1!1!!!!! I don’t now why everyone isn’t all in Nano like me!!!/!!1!1!!!

[Anonymous No.24077404]

>>24077212
no its a copypasta you fucking newfag

[Anonymous No.24077481]

>>24076886
Not reading. Buying more. Never selling. I own 0 BTC