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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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File: 72 KB, 702x502, btc_whale_laughing_at_eth.png [View same] [iqdb] [saucenao] [google]
3697517 No.3697517 [Reply] [Original]

https://twitter.com/CarpeNoctom/status/914610154179633153

>> No.3697611

>>3697517
He's just trying to get prople to sell their eth

>> No.3697629

>>3697611
they should. it's not a store of value. its sole purpose is to move shittokens around.

>> No.3697652

>>3697611
after ICOs being banned worldwide ETH is finished in terms of value

>> No.3697679
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3697679

>>3697629
so the purpose is to transact? so ETH is the network that has the better chance of capturing the largest slice of the global remittance industry while bitcoin continues to rely solely on the network effect as a pyramid for early adopters?
>when u realize shitcoins arent the hedge for bitcoin, but bitcoin is the hedge for shitcoins - which put together have mining communities that dwarf the centralized industrial farms of bitcoin

>> No.3697832

>>3697629
>>3697652
>itt: shitcoiners

>> No.3698410

>>3697652
How do you figure that? Almost all of the best ICO's are ERC20 tokens. And as long as the Ethereum network continues to grow ETH will continue to see real use-case as a currency, instead of just holding it as an asset.

>> No.3698440

>>3698410
Ethereum's only use case is ICO (SCAM)

>> No.3698475

>>3698440
Oh, I gotcha. Yep, total scam guys. stay away from ICO's they are shit and you will only lose money. For serious.

>> No.3698481

>>3698440
i'm sure people who bought the ethereum, NEO, and ARK icos are really disappointed with their returns

>> No.3698495

>>3698481
and the rest. I'm up this week from about 3 others, still down a bit in one, but since people can't abstract concept very good, it's below ICO price. Meh.

>> No.3698509

>>3697517
Literally clowning on you ethboys.

Ethereum network is costly to build on with high prices. The more valuable Ethereum becomes the more worthless building on it becomes.

>> No.3698705
File: 13 KB, 250x241, 1432724756686s.jpg [View same] [iqdb] [saucenao] [google]
3698705

>>3698509
yeah wow didnt realize how expensive testnet ether was, just sold 100k

>> No.3698749

who the fuck is that nobody?

the ratio is taking a hit because ethereum is sticking to 300 while bitcoin is rallying, its as simple as that. ethereum is still the best hedge against the chinkies and other third world miners who think they can control a currency.

i think the ratio is going to look more attractive until all the chinks have been removed from bitcoin.

>> No.3698759
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3698759

>>3697517
MONEY SKELLINGTON WHY ARE YOU DOING THIS TO ME

>> No.3698789
File: 33 KB, 600x484, It+s+normally+a+squished+pepe+but+with+the+hat+is+_6c783155b49eced982969c437b5d2746 (1).jpg [View same] [iqdb] [saucenao] [google]
3698789

>>3698749
> btc goes up, eth sideways
> btc goes down, eth crashes
must be the best hedge

>> No.3698829
File: 86 KB, 690x827, DISGUST.jpg [View same] [iqdb] [saucenao] [google]
3698829

Bitcoin maximalist

>> No.3698846

>>3698749
How is Ethereum not firmly in control of chink miners? ASIC or GPU, why would they care what mining hardware they buy 10000 of?

>> No.3698859

>>3698789
if youre thinking like some poor daytrader, yeah, but not if youre thinking about the next 2+ years and what more disastrous things the chinks could do to bitcoin in that time.

if ethereum can't get POS done its dead, but if it can it has a real chance of becoming the coin with the most utility (not necessarily the highest marketcap, but a ratio against bitcoin higher than now, absolutely)

>> No.3698863

>>3698829
>Bitcoin maximalists

don't underestimate their power on the crypto market