/biz/ - Business & Finance

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2K WAITING ROOM Anonymous Thu Feb 18 13:31:51 2021 No.29056290 [Reply] [Original]

LETS FUCKING GOOOOOOOOO

>>	Anonymous Thu Feb 18 13:33:26 2021 No.29056449 >>29056290 it's crabbing idiot

>>	Anonymous Thu Feb 18 13:34:00 2021 No.29056492 File: 88 KB, 1280x720, 1609572134626.jpg [View same] [iqdb] [saucenao] [google] >>29056290

>>	Anonymous Thu Feb 18 13:34:44 2021 No.29056564 People still use eth? get fucked ethkike

>>	Anonymous Thu Feb 18 13:35:26 2021 No.29056628 >>29056449 is it really, squidward?

>>	Anonymous Thu Feb 18 13:35:36 2021 No.29056637 >>29056290 going to 3k within 2 weeks so based

>>	Anonymous Thu Feb 18 13:37:05 2021 No.29056762 File: 5 KB, 165x250, 1613612443021.jpg [View same] [iqdb] [saucenao] [google] >>29056628 i apologize

>>	Anonymous Thu Feb 18 13:38:40 2021 No.29056927 >>29056290 Hehe yeah man. I made that gif

>>	Anonymous Thu Feb 18 13:39:12 2021 No.29056975 >>29056290 can't fuckin wait for gas to go up even more

>>	Anonymous Thu Feb 18 13:40:19 2021 No.29057080 ETH is going to be over $5k before the Berlin hard fork. It is unironically going to $10k+ this year.

>>	Anonymous Thu Feb 18 13:40:52 2021 No.29057119 >>29056290 VACATE MY TRAJECTORY AFRICANOID

>>	Anonymous Thu Feb 18 13:41:05 2021 No.29057143 >>29056975 this is why I'm never terribly excited when ETH goes up it's like "nice, I have more money so I can spend more money"

>>	Anonymous Thu Feb 18 13:41:16 2021 No.29057156 File: 247 KB, 705x527, 1600098800562.jpg [View same] [iqdb] [saucenao] [google] >>29057080 please i literally cant handle these emotions stop

>>	Anonymous Thu Feb 18 13:41:37 2021 No.29057193 File: 25 KB, 788x650, 1613658077550.jpg [View same] [iqdb] [saucenao] [google] LFG

>>	Anonymous Thu Feb 18 13:41:41 2021 No.29057209 File: 167 KB, 710x901, Gavin Wood.jpg [View same] [iqdb] [saucenao] [google] ETH chads, I kneel

>>	Anonymous Thu Feb 18 13:42:50 2021 No.29057338 Thread theme https://youtu.be/k001JX-D-dA

Anonymous Thu Feb 18 13:44:27 2021 No.29057505

>>29056975
>>29057143
I'm just a newfag so maybe I'm wrong, but I always thought gas prices were determined by network usage and had nothing to do with the price of ETH. So it's expensive now because shitloads of people are using the network, but rising/falling ETH prices won't change that. Is that wrong?

>>	Anonymous Thu Feb 18 13:47:36 2021 No.29057850 >>29057505 yeah I'm a dumb, I couldn't tell ya

>>	Anonymous Thu Feb 18 13:52:58 2021 No.29058337 >>29057505 More volume will drive the price up, so you are both right

Anonymous Thu Feb 18 13:57:30 2021 No.29058745

>>29058337
No no no, don't pull that one. I want a straight answer. Are gas fees determined solely by usage (volume), or by volume in combination with ETH price? I guess what I'm asking is, are the miners' asking prices set according to dollar price, or gwei price? I'm guessing in practice it's actually the former, since if ETH is higher in value a miner may be satisfied with a smaller ETH share since he's still making good money in $.

>>	Anonymous Thu Feb 18 13:59:00 2021 No.29058858 >>29058745 You are correct.

>>	Anonymous Thu Feb 18 14:02:18 2021 No.29059127 >>29058858 Good. I'm going to proceed to abuse anyone I see complaining about ETH prices driving gas fees up.

>>	Anonymous Thu Feb 18 14:06:55 2021 No.29059570 >>29059127 Yeah, it's the opposite, actually. Demand makes miners raise transaction fees, which increases the demand for ETH to pay said higher fees, which then raises the market price of ETH.

>>	Anonymous Thu Feb 18 14:10:03 2021 No.29059866 >>29057209 unzips dick

Anonymous Thu Feb 18 14:10:27 2021 No.29059909

>>29059570
Well this is exactly what seemed intuitively to make sense to me, but I keep seeing so many people saying "hurr durr ETH expensive so gas expensive" that I started to doubt myself. Guess I shouldn't be overestimating the average intelligence of /biz/.

>>	Anonymous Thu Feb 18 14:11:26 2021 No.29060005 >>29057080 When is that?

>>	Anonymous Thu Feb 18 14:12:23 2021 No.29060082 >>29056290 I was about to long this shit early yesterday :(

>>	Anonymous Thu Feb 18 14:12:40 2021 No.29060115 >>29059909 Bear in mind, a lot of that type of posting is intentionally disingenuous FUD by people trying to shill their "eth-killers" that have low transaction fees (and basically nothing else to boast about).

>>	Anonymous Thu Feb 18 14:13:24 2021 No.29060193 File: 208 KB, 1200x1200, ETH_EYE.png [View same] [iqdb] [saucenao] [google] >>29059866 checked and etheye-pilled

>>	Anonymous Thu Feb 18 14:14:40 2021 No.29060312 File: 64 KB, 510x230, Screen Shot 2021-02-18 at 11.13.30 AM.png [View same] [iqdb] [saucenao] [google] >>29056290 It's all moot to me since I'm staking but hot damn it's fun watching charts go up.

>>	Anonymous Thu Feb 18 14:16:27 2021 No.29060466 >>29058745 >>29058858 You are incorrect.

>>	Anonymous Thu Feb 18 14:17:16 2021 No.29060544 >>29056290 I sold at $1100 after holding since almost two digits :( I was scared

>>	Anonymous Thu Feb 18 14:18:25 2021 No.29060643 >>29060466 You're one of these guys >>29060115, huh? What is it, ADA? BSC?

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