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/biz/ - Business & Finance


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51073047 No.51073047 [Reply] [Original]

IT'S HAPPENING

https://blog.ethereum.org/2022/08/24/mainnet-merge-announcement/

>> No.51073076

>>51073047
p-priced in

>> No.51073080

>>51073047
R1a

>> No.51073112

>>51073047
Awesome, I can't wait to buy cartoons and dog coins on a network that cares about the environment. This is revolutionary! Imagine how it'll feel when you know your monkey cartoon's tooken is on a network that doesn't use a lot of electricity. This changes EVERYTHING.

>> No.51074514

>>51073047
I can't wait until the merge fails. There is way too many technical difficulties they haven't overcome yet and this is just a hail mary. Chances of failing is like 40% and that's a low shot. Short ethereum.

>> No.51074585

>>51074514
$100 EOY?

>> No.51074603

>>51073047
good, can't wait for GPU prices to take a massive landslide sized dump

>> No.51074726

so is get a thin client or a proper node? i know it's not a full node in the sense we use it in bitcoin it doesn't verify every contract. but should still verify the monetary base transactions and supply and capable of uasf no?

>> No.51074739

>>51074726
*geth

>> No.51074766

>>51073047
Is that bad or good for crypto? Some people say its spark landing in barrel full of gunpowder.

>> No.51074795

>>51073047
Bullish for ETC. ETH will only 5x. ETC will 100x

>> No.51074816

>>51073047
Eth will literally hit 10K before EOY 23'

>> No.51074825

>>51074514
They’ve succeeed on the test nets, why do you think the mainnet would be any different?

>> No.51074916
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51074916

>>51074603
>the chip shortage was a trick to mine more eth in spite of gamers

>> No.51074928

>>51073047
>doesn’t solve any issues
why should we be hyped? i don’t get it

>> No.51075874

>>51074916
The chip shortage was exacerbated by everyone and their brother buying GPUs to mine certain cryptocurrencies with (often ETH), which created a huge demand above and beyond the target audience for said hardware (PC gamers). Obviously, if a large chunk of that demand disappears (and miners start selling off their now-useless GPUs), the supply will outstrip the demand generated by the target audience, and prices will fall.

You don't have to sign your posts with your profile picture on this site, btw.

>> No.51076090

>>51073047
It's sell the news time baby

>> No.51076145

>>51074795

why the fuck would it do that, more miners means more sell pressure as miners offload to pay for electricity

>> No.51076152

Hell yes it's happening anon. whales like bitDAO are buying hundreds of ETH a damn day for this reason. ETH remains king.

>> No.51076196

>>51074825
Testnet tests exclusively good actors since they are all financially invested in eth
PoS falls apart the second people are shorting the coin, which will be immediately after the merge

>> No.51076368
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51076368

i can smell the gas fees rising
oh wait, nvm

>> No.51078043

>>51074514

You go ahead and let us know how it works out, champ :)

>> No.51079409

god eth is so shit.

>> No.51079453

>>51076196
>PoS falls apart the second people are shorting the coin
No it doesn't.

>> No.51079473

>>51074928
Its the most cumbersome step on a multi-step process of enabling faster and cheaper L2 scaling.

>> No.51080182

>>51074514
2 more weeks?

>> No.51082280

>still holding tokens when most vcs have gone all in on arbitrum
tokens not needed. only direct investment. goyim need not apply

>> No.51083057

>censoired surviellance chain

>> No.51084073

>>51074916
>>51075874
Damn, 916 got fucking roasted

>> No.51084117
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51084117

POOMPA POOMPA POOMPA
POOOOOOOOOOOOOOOOOOOOOMPA
TO THE FUCKING MOON, LFG
WAGMI