/biz/ - Business & Finance

[Anonymous No.28208415]

Please tell me how this WONT reach $100.

[Anonymous No.28209001]

two words: market cap
bye

[Anonymous No.28209245]

>>28208415
I've got no reasons bro. You should definitely go all in.

[Anonymous No.28209315]

the way robinhood presents changes in price gives me seizures
fucking children and their gamification of stocks

[Anonymous No.28209371]

>>28209001
what is ethereum

[Anonymous No.28209456]

>>28208415
>>28208415
It would need a market cap of 100 billion to make it to $1 retard

[Anonymous No.28209458]

$ElonX could, cuz only 28m tokens total supply

[Anonymous No.28209515]

>>28209371
the fuck are you talking about nigger

[Anonymous No.28209541]

>>28209456
So what’s ur point retard?

[Anonymous No.28209725]

>>28209371
>the average doge holder

[Anonymous No.28209769]

>>28209001
two more words: unlimited supply

[Anonymous No.28209985]

>>28209769
>infinite money
>this is somehow bad
Your mentality will keep you poor forever

[Anonymous No.28210090]

>>28209985
>printing infinite money is somehow good

Yeah, fiat is great isnt it?

[Anonymous No.28210327]

>>28208415
>>28209001
Get your dips while you can!


While Elon Musk puts his love on the cryptocurrency dogecoin, Norwegian Harmonychain raises capital to make computer chips that extract the digital coin.

- We have a queue of investors from here to Børsen. It will surprise me if there is not a significant oversubscription, says chairman of the board Bjørn Zachrisson to E24.

Harmonychain will use the money to make a computer chip or "chip" that will be able to extract or "mine" cryptocurrency 300-500 percent more energy efficient than today's technology. The company will first make a chip for the currencies dogecoin and litecoin, which use the same algorithm, and then another chip for bitcoin.

- The goal is to complete a prototype wafer in December. Then the wafer should be cut into pieces to make chips. We aim for mass production in 2022 and delivery of mines during the third quarter of 2022, says Zachrisson.
>https://e24.no/boers-og-finans/i/VqGqpd/harmonychain-vil-ta-dogecoin-databrikke-paa-boers-verdsettes-til-over-300-millioner

The Harmonychain Group consists of several companies specializing in Environmentally Friendly Digitalization. The Harmonychain Group has under development a new dual purpose Artificial Intelligence (AI) and Scrypt ASIC Supercomputer microchip that is tailored towards blockchain accounting/mining that is up to 300%-500% more energy efficient than existing Scrypt mining systems. For comparison, Bitmain is currently contemplating a capital raise @ EV of US$ 40-50 Billion.
>https://harmonychain.com/about-us/

The hoarding is only beginning to start. The amount of dogecoin in actual use and circulation will decrease. I'm long on $DOGE. NEVER FUCKING SELLING.

[Anonymous No.28210693]

>>28209456
>>28209541
They mine like 100 mill coins every day

[Anonymous No.28210800]

>>28210090
>printing all the money you need
Yeah man sounds terrible. I would hate to print as much as I could spend. Wow I’m convinced

[Anonymous No.28210815]

>>28210327
Based

[Anonymous No.28210936]

>>28209769
Unlimited supply means the commodity will by nature have low innate value.

[Anonymous No.28211915]

>>28210936
>Expecting /biz/ to know basic economics or monetary policy theory
wew

[Anonymous No.28211974]

>>28209769
>>28210936
Except there's a softcap.

[Anonymous No.28212077]

>>28209769
two more words:

127 billion

[Anonymous No.28212105]

>>28210936
is it possible to calculate how much pressure a given transaction causes?

[Anonymous No.28212112]

>>28208415
Nope seems good. Dump your savings on it, guaranteed profits. Reddit told me

[Anonymous No.28212316]

>>28209001
Two more words: my ass

[Anonymous No.28212503]

>>28210693
>letting the poor miners starve to death