/biz/ - Business & Finance

[Anonymous No.51247433]

Give me one reason this won't moon during during the ETH merge

[Anonymous No.51248046]

>>51247433
sunken cost fallacy.

[Anonymous No.51248055]

>>51247433
it will due to low unit bias but then as stocks force the price lower you can short it for bank

[Anonymous No.51248062]

Next 51% maybe? It’s been a while

[Anonymous No.51248180]

>>51247433
Because it can be hacked, it's vulnerable to attacks you butpirate

[Anonymous No.51248223]

>>51248062
>>51248180
So when Ethereum's current army of miners switch over to Ethereum Classic, then chaos will ensue?

[Anonymous No.51248288]

>>51247433
If there's a problem with the merge, sure. But I just have some as a hedge more than anything else. ETC is still standing after the 51% attacks, the attempts by idiots like Hoskinson to introduce a subsidy for himself, etc. So the risk is probably lower than it was a few years ago and the price reflects that.

[Anonymous No.51248317]

it wont but ergo will

[Anonymous No.51248324]

>>51248223
That’s unlikely to happen
More likely they sell their shit rigs and buy eth to stake

[Anonymous No.51248575]

>>51248324
https://2miners.com/etc-network-hashrate

nope

[Anonymous No.51248652]

>>51248317
most gpu-mineable coins should pump because the issuance will be more distributed and mining difficulty will shoot through the roof.

all these should pump (many of them already did):
flux, ergo, rvn, etc, firo, beam

[Anonymous No.51248692]

>w-well actually cryptocurrencies derive their value from random number guessing machines that burn as much energy as small countries
>why?? because uhh...
>because that electricity costs money, cryptos are BACKED BY electricity