This cant be real right?

[Anonymous No.51048569]

Any asset that loses 90% of its daily sell pressure is going to fucking skyrocket
And staked eth wont be withdrawable for 6 months or so

What am I missing here?

[Anonymous No.51048653]

>>51048569
Nothing.
Get ready

[Anonymous No.51048801]

bump

[Anonymous No.51049001]

>>51048569
You are missing the government capture of the network via its centralized staking pools rendering the entire network fucking worthless

[Anonymous No.51049029]

>>51049001
An OFAC chain would likely cause a user activated soft fork, splitting into FedEth and FreeEth.
Eric Wall is a faggot on a lot of things but he's pretty good here:
https://ercwl.medium.com/the-case-for-social-slashing-59277ff4d9c7

[Anonymous No.51049322]

>>51049029
But you literally cant UASF they havent built the mechanism do it. Also imagine thinking any normal user could even run a full node lmao and not to mention all of defi breaks unless you are on the chain deemed the right one by the already captured entity USDC. Its a complete dumpster fire and its happening right now. Beautiful.

[Anonymous No.51049343]

>>51048653
So im literally supposed to believe the space is so beat down that people just dont notice the biggest source of nondiluting fees is getting tied to eth at the same time its sell pressure collapses?
There has to be more here

[Anonymous No.51049361]

>>51049343
Yes see>>51049001
And >>51049322

[Anonymous No.51049362]

>>51049343
No there is not. Triple halvening. Hence all the fud.

[Anonymous No.51049395]

>>51048569
>What am I missing here?
yeah simple really: selling pressure comes from people unloading their assets, has nothing to do with this shit you're blabbering about.
>have factory that creates 100 widgets every day, destroys 10 old widgets every day
>announce you will stop creating 90 of the 100 every day, bringing the create/destroy rates into balance
>this does not change that there are already 1000 or 10 million or 100 billion widgets already in existence, in people's hands
>the actual number does not matter, if they no longer want widgets, they will all create sell pressure together with what they already have
>so what are the widgets actually good for?

[Anonymous No.51049440]

>>51049362
gov taking over the network is not fud

[Anonymous No.51049451]

>>51049395
You example excludes the long period where the widget manufacturer made and sold 100 widgets per day and the price of widgets was increasing, indicating excess demand even at that production level

[Anonymous No.51049472]

It will do fucking nothing. I know it sounds like a guaranteed way to win, but trust me, the Jews will frontrun you hard

[Anonymous No.51049518]

>>51048569
What you're missing is that eth is a dead chain and you need organic activity on the network for any of this flywheel shit to work. Tittypeepeecummycoin has staking lockups and apy too, nobody is piling into it because it's a dead chain that doesn't do shit. Similarly, defi on eth has gotten utterly jounced by regulatory bodies, nfts are proving after all to just be shitcoins with smiley faces tacked on, and it doesn't even work as an uncensorable settlement layer / medium of value transfer. It's worse than hard cash, it's worse than tradfi, it's worse than a casino in vegas. It does nothing well and without money piling indiscriminately into it simply because it's the most exotic thing people can find to do with their free fed-printed dollars, it becomes a ghost chain that nobody gives a fuck about. Under those conditions, no amount of virtuous ponzinomics or triple-quadruple-dodecuple halvenings are going to move the needle.

[Anonymous No.51049520]

>>51048569
already priced in

[Anonymous No.51049613]

>>51049518
bullish for monero

[Anonymous No.51049689]

>>51048569
>And staked eth wont be withdrawable for 6 months or so
there is barely any ETH staked.
staking ratio is like 10% or so, thats nothing.

[Anonymous No.51049700]

>>51049518
do you mean eth has no fundamental value

[Anonymous No.51049719]

>>51048569
ETH will become useless because no one will want to use the network.

[Anonymous No.51049769]

>>51049343
anon, this plan was known for years
you've had opportunities to be aware of it for a long long time, but you are only aware now
now consider the average brainlet out there
the guy who "invests" into hex or bnb shitcoins
the hedge fund types who don't even know how to manage a multisig
the 9 figures traders who still are on cexes
the other 9 figures traders who get meved on dexes because they don't understand concepts of liquidity or slippage
you can also just take a look itt and see some of the answers. it's tempting to think these are all bagholders, and certainly there's a lot of bitcoin bias that influences low iqers in general. but many of them genuinely believe what they're saying
there is tremendous information asymmetry when it comes to eth. always has been, always will be. genpop is still ~10-15 years away from grasping the value of this particular blockchain

[Anonymous No.51049771]

>>51049343
Financial markets are full of dumb money, and crypto markets are the dumbest of dumb money.

[Anonymous No.51049801]

All value on ETH will be absorbed by L2's like Polygon. ETH will receive no value just as XLM doesn't get anything out of having USDC on it's Blockchain.

[Anonymous No.51049823]

>>51049769
you think its a good thing that eth blacks users at will at the protocol level?

[Anonymous No.51049840]

>>51049823
Yes white women should be blacked at a protocol level especially

[Anonymous No.51050042]

>>51049395
whats a widget?

[Anonymous No.51050466]

>>51050042
Its a hypothetical item to make and sell in economics textbooks
Used to illustrate simple concepts like supply and demand

[Anonymous No.51050929]

>>51049518
that’s not quite true. if you have 32 eth you can’t be censored. just include your transaction and validate it, no? if that doesn’t work, could L2 privacy help?

[Anonymous No.51052376]

>>51050929
What was once a utopia for discussion is now a brainlet Redditor GME wasteland.
>OFAC

[Anonymous No.51052516]

>>51049395
>>this does not change that there are already 1000 or 10 million or 100 billion widgets already in existence, in people's hands
>yet demand for widgets has not let up
>and yet those with widgets are incentivized to buy even more widgets off the market, and never sell
>and for 9 months no new widgets will be made

[Anonymous No.51052530]

>>51048569
its just delusion
see you at 500

[Anonymous No.51052573]

>>51052516
Sounds like CL not ETH kek. I can’t wait for the seething from mevheads

[Anonymous No.51052613]

>>51052573
kek just what I was thinking

>and for 9 months no new widgets will be made

except for this part, CL is even more bullish

[Anonymous No.51052636]

>>51048569
ETHPoW will become king, PoS to 0 over a long period. In the mean time, buy XMR.

[Anonymous No.51052668]

>Gimmicky tokenomics have worked before and I wasn't simply manipulated by the majority holders
uh..oh. anon, I..

[Anonymous No.51052671]

>>51052613
Exactly

[Anonymous No.51052685]

The merge has already been confirmed as a massive failure. The moment this thing tries to green light there is going to be a catastrophic collapse. I wouldn't want to be holding ETH when it gets blamed for destroying the crypto market.

[Anonymous No.51052713]

>>51052573
i hold make it stacks of both, so come whatever may

[Anonymous No.51052738]

>>51052636
>ETHPoW will become king, PoS to 0 over a long period.
kek i hold both of those too, so literally whatever

[Anonymous No.51052771]

maybe there is going to be a delay and the big money knows it, because they have insiders. so they're not buying. they'll sell moments before the rest of us are told because they know when the rest of us will be told. you don't think big money pays off eth devs to be kept in the loop?

[Anonymous No.51052786]

>>51052771
there will be a pump when the broader market pumps, the big money knowing about the delay will sell off into the pump so it wont pump much. then the delay is announced SURPRISE and it dumps. that's my theory

[Anonymous No.51052810]

>>51052786
big money will then push the dump further because they want more of a controlling stake in eth2 which means they want lower prices. only the big money will know when the dump stops on another announcement of a new merge date. only it won't pump much because everyones expecting another delay not to mention how useless eth2 will be, all decentralization gone now because big money bought it all up and they're all globohomo puppets.

we're getting fucked, we're always getting fucked.

[Anonymous No.51053103]

>>51052810
you think a bunch of 1's and 0's on a computer somewhere will topple the entire globohomo system somehow?

[Anonymous No.51053112]

>>51049518
This guy understands things

[Anonymous No.51053122]

>>51048569
still inflationary
besides this merge solves nothing, no lower fees

the whole thing's a fucking scam

[Anonymous No.51053169]

>>51052685
Elaborate how has it already been confirmed a failure

[Anonymous No.51053300]

>>51053169
>how has it already been confirmed a failure
because miners are already absolutely and continuously seething about it

>for 5 years no one ever bitched or moaned about the other PoS coins
>but now suddenly ETH going to PoS is "muh it'll die"

[Anonymous No.51053305]

>>51048569
DELET THIS

[Anonymous No.51054016]

>What am I missing here?
Check the gas prices. Almost no one needs ETH to actually use it.

[Anonymous No.51055216]

>>51049769
Cope, kda will btfo eth
Solidity sucks but it's what people are used to, this space is young imagine thinking eth has longer left than it has lived

[Anonymous No.51058616]

>>51049029
eth = whatever usdt & usdc agree is the real eth.
>>51048569
>What am I missing here?
that it's priced in

[Anonymous No.51059745]

>>51049518
Tell me more about Tittypeepeecummycoin; are the devs doxed? VERY interested

[AnonNi66er No.51062169]

>>51052530
delusions...
see you at 4 thousand keks

[Anonymous No.51062326]

>>51048569
>What am I missing here?
everyone's already anticipating it, we've been looking forward to the merge since 2018. this is the biggest sell the news event i've ever seen, long term it's bullish of course, but this will be an absolute shitshow. hope i can scoop up in the $300-$500 range

[Anonymous No.51062511]

>>51048569
You're not missing anything, /biz/ is just retarded and unironically filled with tech illiterate pajeets who are salty they can't afford ETH fees despite the fact that their "low fee" chains are only low fee because absolutely nobody uses them or they're centralized as fuck.

[Anonymous No.51062560]

>>51062511
Avalanche have more transactions then ETH, is faster, PoS and the transactions are cheaper.

Won't deny that ETH will pump but ngl I never trade on ETH anymore but only on Avalanche

[Anonymous No.51062596]

>>51062560
Sure Apu, whatever you say.

[Anonymous No.51062621]

>>51062596
Polygon, in comparison.

[Anonymous No.51062735]

>>51049801
L2s have to utilize ETH in order to settle their transactions. XLM doesn't get shit from having USDC (an ERC20 token native to Ethereum...). What even is this comparison? /biz/ is so fucking retarded.

[Anonymous No.51062917]

>>51050042
It’s a naughty word. Go ask your mom and see what she says.

[Anonymous No.51064318]

>>51049769
yeah but eth is shit and stuff has already passed it by. its just a 'meh' blockchain

[Anonymous No.51065038]

>>51048569
I don't think I have ever been this bullush on ether, this is the biggest event the world has ever seen

[Anonymous No.51066475]

>>51062621

[Anonymous No.51066566]

Ahem*

ETC

[Anonymous No.51066873]

>>51053103
how did you get that from what he said? is this a bot post?

[Anonymous No.51066906]

>>51050929
for now, the rules can change at any moment. have you not noticed yet?

[Anonymous No.51066925]

>>51049343
Shiba and doge are top 15 coins. Xrp is still a top 10 coin. Give yourself some credit anon, the world is not full of serious people.

[Anonymous No.51069319]

>>51048569
Eth would melt faces

[Anonymous No.51069363]

>>51050929
You don't have to use L2 when there are L1 privacy systems in the space that could be used instead.