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49941557 No.49941557 [Reply] [Original]

You guys do know this is the last bear before ETH flips BTC in the next bull right? ETH will be 20k+
>most advanced PoS consensus algorithm that allows for millions of validators (most decentralized)
>Recursive ZK rollups will massively reduce gas fees resulting in a boom in complex applications (most scalable)
We had fun with our shit coins, but it's time to acknowledge the new king, ETH

>> No.49941570

>>49941557
okay honestly now, is ETH/BTC going lower? I want to swap out some BTC for my 32 ETH

>> No.49941575

eth is dead. it had its shot, devs are leaving.

>> No.49941634

>>49941575
>devs are leaving
Not really. ETH has more client teams than any other chain. App developers will always thrash around because products are always searching for the best answer at that moment in time. ZK is a league ahead of all other chains and will have the security properties of the largest asset. Other chains can't compete

>> No.49941725

>>49941557
Oh no, top signals at these prices aren’t good, we are gonna crash another 50% at least

>> No.49941726

>>49941557
ETH maxis really found the perfect perpetual narrative. Flippening hype gets extreme. Then a crash. Then flippening hype again. Then crash. Now as we approach the depths of the bear, here we go again. How many times is this narrative gonna be used? If it strikes out a third time this next cycle can we give this narrative a rest for good?

>> No.49941978

>>49941726
The types of applications that will be able to be built are unrivaled. It's what has kept the flippening from happening.

>> No.49941999

Two more months until the shittening

>> No.49942017

>>49941978
Nigger nobody cares about decentralized rugs
All I want is money nobody can fuck with
ETH has not a fixed monetary policy and it’s not suitable to be global digital reserve currency

>> No.49942022

whens eth going to solve its unsustainable gas issue
maybe then it can start thinking about flipping anything
right now its heading back to low 3 digit range

>> No.49942056

>biz bearish on eth
Tells me all I need to know.

>> No.49942078

>>49941557
thx, I’ll buy eth at 300 then and wait for 80x

>> No.49942093

>>49941557
>You guys do know this is the last bear before ETH flips BTC
Yes we know.

>> No.49942265

>>49941557
Wen merge? Two more months?

>> No.49942286

>>49942022
>hIgH gAs FeEs ArE uNiRoNiCaLLy A GoOd ThInG
ETH faggots are pathetic retards

>> No.49942786

>>49941557
>but it's time to acknowledge the new king, ETH
dude vinu is still profitable for me (unless I starve to death) until I start eating rats with sticky joe I will continue to trust these guys

>> No.49942826
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49942826

Etherum is a useless technology.
T. Computer Science major.

>> No.49942861

>>49941557
ok, still not buying your shit coin

>> No.49942880
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49942880

>>49941634
>any other chain
hahaha, bitcoin has the most protocol devs and the most active github. suck dick, meth heads.

>> No.49942882
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49942882

>>49941634
Eth niggers are so desperate to enforce their propaganda you fags are pathetic. You literally have some inane vapid response for everything don't you? ETH is a worthless technology that basically does the cyber equivalent of the enclosures in eurpoe.
No one asked for the internet to cost money. Google and much larger corperations that have existed much longer tried and failed to do the exact same thing. That's why they had to go the rout of harvesting user information via fingerprinting their users and selling their data cause no one wants an internet that actually costs money outside of costs to the ISP. It's an absolute garbage product ment to be a massive scam with an absolutely insane pre-mine. It's also a glow op used to destroy at least some what legitimate blockchain use cases like BTC and XMR.

Kill yourself you useless nigger

>> No.49942937

>>49941557
>ETH 2.0
JUST SIX MONTHS AWAY BRO
TRUST THE PLAN

>> No.49942960

>>49942882
>legitimate blockchain use cases like BTC
What does Bitcoin has that ETH doesn't?
I agree with XMR it has the niche use case of doing illegal stuff

>> No.49942971

>>49942882
eth niggers get paid in gas fees if you use their shitcoin

do not buy eith

>> No.49942981

>>49942960
btc has a hard limit

>> No.49942994
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49942994

>every crypto community lashing out at ETH a few months before the merge finally happens

how terrified are you, shitcoiners? and yes, i'm asking you btc maxis.

>> No.49943002

>>49941557
Will eth 2 be fully sharded?

>> No.49943029

>>49942981
BTC is also ment to be a currency unlike the etherum network which is just ment to be a massive scam and yes as mentioned it has a limited supply like gold.

>>49942994
The merge is never going to happen

>> No.49943044
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49943044

>>49943029
it has already happened on multiple testnets. and is happening on mainnet in q4.

>> No.49943057
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49943057

>>49943044
>TRUST ME BRO TRUST ME

>> No.49943059

>>49942981
that's a downside, though. a purely deflationary model (in theory) isn't even desirable, at all. you kill economy with very little consumption and hoarding from the very rich.
>but muh inflation in fiat! worthless paper money!
agree'd. but deflation is way worse.

>>49942994
>>49943044
SIX MORE MONTHS

>> No.49943068

>>49943059
Did people hoard dollar bills when it was backed by gold?

>> No.49943079

>>49943029
>BTC is also ment to be a currency
it works so well at that that you need to completly overtake it with meme Byzantine shit like Lighting (which kills everything crypto-related)

>>49943068
dollars backed by gold did experience inflation (and a ton of it). Besides the gold-backing system proved to be inefficient and countries gradually said "fuck off"
RIP Bretton-Woods

>> No.49943140

>>49943079
Ok but the idea that people will "le hoard btc" when the price is less volatile is just nonsensical. Everything experiences inflation. Everything.

I literaslly have had no issues with using bitcoin as currency I dion't see what everyone is crying about. Yeah the wait time is long. So what.

>Lighting network

I mean it's still a nice solution and doesn't "over take crypto" I barely understand what this means. Can you elaborate?

It's still more useful than etherum.

>> No.49943144
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49943144

Literally the only token worth anything on the etherum network

>> No.49943167

>>49943059
>that's a downside, though.
ok kike

>> No.49943175

>>49943079
>Besides the gold-backing system proved to be inefficient and countries gradually said "fuck off"
that's not what happened at all

>> No.49943235 [DELETED] 

>>49943140
Lighting is just a very inefficient way to re-introduce basic features of fiat (like disputing a transaction or having instant payments) at the cost of a very, very long stream of middlemen acting as consolidators for the money. It's meant to be two-way (ie, it only "works" if Alice funnels a comparable amount of money into the system as Bob) which doesn't work fro retail.
It's not scalable, it's not public (there is no trace of what you're doing directly between two parties, only with the middleman) which defeats the point of a public ledger.

Finally it scales like shit, and every improvement is achieved by taking transaction off the chain.

It's bad.

>>49943167
>>49943175
https://en.wikipedia.org/wiki/Bretton_Woods_system#Decline

>The shift toward a more pluralistic distribution of economic power led to increasing dissatisfaction with the privileged role of the U.S. dollar as the international currency. Acting effectively as the world's central banker, the U.S., through its deficit, determined the level of international liquidity. In an increasingly interdependent world, U.S. policy significantly influenced economic conditions in Europe and Japan. In addition, as long as other countries were willing to hold dollars, the U.S. could carry out massive foreign expenditures for political purposes—military activities and foreign aid—without the threat of balance-of-payments constraints.

Bretton Woods was just a ploy to allow the US to have unlimited amount of debt by forcing other countries to have dollars. Which they didn't like. Funnily we have broadly the same system today with petrol rather than gold.

>> No.49945040

>>49941557
BTC ETH tanking is assured, just a matter of when.
Recession & inflation are the major catalyst

>> No.49945073

>>49942880
must not be very competent then,as it's still complete garbage

>> No.49945089

>>49943079
The USD fucked the gold standard and here we are.. backed by a paper with infinite supply.
Bitcoin would keep facing hurdles as a currency to be

>> No.49945436

>>49943068
Nah.. because there wasnt any point, they rather hoard gold to push price up.

>> No.49945645

>>49941557

You will join the schizo group, your seat is waiting next to the xrp brain damage guy

>> No.49945910

>>49941634
Xtz is infinitely better. Cope with your spaghetti retard language

>> No.49947950

>>49941557
I'm okay with that. Enjoy your inflationcoin, I'm going to stick with the fixed supply.

>> No.49949934
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49949934

>>49942826
Why? What about BTC, XMR?
>>49942880
Bitcoin is in trouble.
https://twitter.com/peterktodd/status/1540028889145442304?s=20&t=ASoHnZfVMhv3XNoPUPPGkQ

2% of mining revenue is from transaction fees. eventually only transaction fee rewards will be contained in blocks. by then, how will miners survive financially? unless Bitcoin incorporates tail emissions or moves to PoS (validating is less expensive than mining)

>> No.49950253

>>49941557
yawn every year

>> No.49950327

ETH whales wont rest until this happens
go check Etherscan and see what I’m talking about. BitDAO alone is buying more than 380 ETH on average daily and they have more than 200k ETH in their treasury right now and this is not mentioning all the other whales
it will happen sooner or later

>> No.49950718

>>49942286
>>49942022

Imagine being so poor that $3 fee prices you out.

>> No.49950847

>>49942017

eth isn't a global digital reserve currency, it's the platform of exchange. stupid btc narrative is stuck in your head. the global reserve currency is usd. and it will continue to be usd when the us releases its cbdc. get over it, we still live on earth. eth will be used to exchange usd