/biz/ - Business & Finance

[Anonymous No.50891842]

How high do you think this is going to get when the merge happens? And do you think the merge may just be a "buy the rumors, sell the news" type investment? Or do you think this could be the new bitcoin long term?

[Anonymous No.50891874]

>>50891842
Some short term nigger and traders will probably sell, then it ll start to grow again in 1-2weeks later due to deflationary tokenomics.....

[Anonymous No.50891882]

>>50891874
Same happened with eip1559. Everybody said it ll dump, but it went to 4800.

[Anonymous No.50891945]

>>50891842
Look at who's buying now. That should tell you much of what you need to know.

[Anonymous No.50892228]

May top out at 2.5-3k pre merge. Make no mistake the merge is suicide for Eth. Make sure you sell the top because it's not coming back.

[Anonymous No.50892546]

>the merge will never happen!
>the merge will fail!
>the merge is the death of eth!
what cope will they come up with next?

[Anonymous No.50892740]

does anyone have to image of the mirc chat where vitalik tells the exchange guys to stop all trades?

[Anonymous No.50892774]

>>50892228
Without the proof of work token what is even the point? Why would any business run an app on a proof of stake system instead of AWS

[Anonymous No.50892789]

>>50891842
we waited for the merge for 5 years, this is the biggest sell the news event i can imagine. long term the merge is bullish but this will dump hard, and coincide perfectly with the end of this bear market rally

[Anonymous No.50892853]

Normies will buy like crazy since "muh 2.0 eth update", price will pump very high to 10,000, then whales will dump it to 4,000-5,000. It will surpass BTC when EU and US ban PoW for environment concern.

[Anonymous No.50893147]

>>50891874
>1-2 weeks later
This guy's retarded, deflationary tokenomics are felt over a much longer scale than this. This guy also probably watches the 5min chart

[Anonymous No.50893528]

>>50891842
>And do you think the merge may just be a "buy the rumors, sell the news" type investment?
I'm really sick of bobos saying this bullshit, "priced in" only applies to bearish shit you retards. Bulls are either 80 IQ (they buy no matter what) or 130+ IQ, they analyze the market and rightfully conclude that buying is the correct option. 100% of bobos are midwits and only midwits price shit in.

[Anonymous No.50893534]

>>50892789
ppl said that about eip1559

[Anonymous No.50893749]

>>50891842
it will flip btc to much wailing and gnashing of teeth
and remember throughout it all you had a chance to buy your bags at 900 usd a piece and didn't because of very poorly drawn cartoon bears in red shirts

[Anonymous No.50893763]

>>50893749
it won't because vitalik holds too much power

[Anonymous No.50893772]

>>50893749
im 40 / 40 / 20 btc eth alts, and its 40 / 40 because it grew to 40 from 25% KEK

[Anonymous No.50893775]

>>50893749
kek

[Anonymous No.50893806]

>>50891842
People will sell the merge, it will dip for about a month, and then everyone who sold will be in regret when it takes off again to $4.2k. People don't get that the largest normie fud against ETH is "muh environment" and aside from that the deflationary mechanics will create big supply shocks.

[Anonymous No.50893821]

>>50892853
>It will surpass BTC when EU and US ban PoW for environment concern

PoS means that blackrock could buy up billions with it being environmentally friendly
there's going to be a paradigm shift with the merge and the market has not accounted for it

[Anonymous No.50893834]

>>50893821
>the market has not accounted for it
Nigger

[Anonymous No.50893855]

>>50893834
bobo, racist, and low IQ. the holy trinity of retardation in biz

[Anonymous No.50893870]

>>50891842
A lot of these people don't understand that reducing issuance takes time to show up in the market. Perfect example is the last 3 halvenings, where BTC takes at least a year to enter a new bull market cycle. In fact, the halvening marks the bottom or close to the bottom each cycle.

We will get the same play here. ETH will go to 10k, but not until 2025's bull market. My sell target is $2.4k but I would not be surprised to see a top at around $3.3k which is the May 2021 first resistance after the mega capitulation dump we saw then down to $1.7k

[Anonymous No.50893886]

>>50893834
you had your time bobo, it's a bull market

[Anonymous No.50893905]

>>50893870
there's a difference between reducing issuance in a halvening and ending issuance with the lock up
eth is going to be deflationary to 30 million usd a day for almost a year

[Anonymous No.50893921]

>>50891945
Talking about blackrock?

>>50892228
>the merge is suicide for Eth
It's deflationary, it makes it ESG compliant so big funds can buy, it creates unlock ponzinomics, it probably creates the first truly realistic 'crypto passive income' situation where everyone will want 32 eth to soak up that apy. Why would any of this kill it?

>>50893528
> "priced in" only applies to bearish shit you retards
definitely not true, but in this case, the bullish news is related to new structural inflows and supply dynamics that are difficult to 'price in' in advance. eg, you can't 'price in' the outside money that is waiting to move into the space as soon as ethereum becomes 'green'.

>>50893806
lots of people aren't realizing that staking unlock is a 2023 feature, it will not ship with merge. So Q4 2022 is going to be ponzinomic lockup games as people want to suck up that apy, and this may push eth into five figs along with all the other catalysts.

[Anonymous No.50893929]

i can already smell the gas fees rising
wait whats that you say? MATIC?

[Anonymous No.50893934]

>>50893921
how high do you think it will go?

[Anonymous No.50893961]

>>50893929
Haven't used MATIC since it got crippled by that gay sunflower game but I still have some ETH there to play with...

[Anonymous No.50894108]

>>50893870
Good plan, we are still overall bearish, but everyone's broke so we need a lil pump real quick

[Anonymous No.50894154]

>>50893905
Shhh
Theyre all way too stupid to understand this
Let them bearpost

[Anonymous No.50894214]

>>50894154
the majority of those bearposts are shills and trolls dont worry about it, biz has already been purged of newfags so there should be nobody left that would actually fall for this nonsense

[Anonymous No.50894326]

>>50893961
>crippled
all other scaling solutions that got DDOS got fucked. Polygon is the only scaling solution that kept gas fees below $1 even during one of the nastiest DDOS attacks

Don’t forget how AVAX had gas fees reach $14 after a crab game

[Anonymous No.50894852]

>>50893934
at 10k it's still smaller than the mcap of apple. I believe in the triple halvening meme. Most people don't appreciate how much is changing under the hood and how it all contributes to new structural flows that will be going in, in, in, and never out.

[Anonymous No.50895159]

>>50894214
>>50894154
>>50893905
How am I bearposting when I give objective facts with verifiable evidence? Sure, this eth "triple halvening" is not the same as buttcorn's, but it is the only objective measure to analyze in comparison. The eth network is also hardly being used right now in terms of gas prices, indicating a lack of demand. What else do you permabulls want? I'm here to make money, not pump and dump newfags.