Merge exposed

[Anonymous No.51254825]

The merge is going to be catastrophic for Ethereum. All the moral and ethical values go out the window. Suddenly the coins wont be backed by any real work. Rich just get richer. Developers and whales are colluding. This is against the will of the community.
Bitcoin will get flipped by Ethereum soon after the merge easily though. Price acts according to supply and demand dynamics.

[Anonymous No.51254843]

>>51254825
its only downhill from here for Ethereum and its place will be taken by Avalanche.

lets compare ETH2 to Avalanche:

>ETH staking withdrawals will not be available right away
Avalanche withdrawals are available since Mainnet launch YEARS ago
>The current plan is to deploy the withdrawal functionality in a software update 6 mo - 1 year after the Merge.
essential stuff like this was never missing on Avalanche, this means you have to stake ETH for up to a year, maybe even longer while on Avalanche you can Stake for 2 weeks minimum or 1 year maximum or anything in between.
>The current projected income rate (for ETH) is around ~4% APY
Running an Avalanche Node has a proven 9% - 12% APY (paid in AVAX) since Mainnet Launch 2 years ago.
If you run a Node you get Staking rewards, % of your delegators rewards and Tokens from validating several Subnets. (The Golden Subnet Bullrun has not started yet).
>Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,
there is no queue on Avalanche, its instant, sub second, its finalized faster than you can press F5. thats all transactions or smart contract interactions on Avalanche, even when you go crosschain between X Chain and P chain and C chain and other Subnets its instant. Sub Second finality.
>Transactions take 14+ Minutes until they are finalized
I repeat: on Avalanche transactions are almost instant.
>Ethereum has Slashing which means you can lose your stake due to a Hardware or Software bug
No such thing as Slashing on Avalanche.
>ETH2 has Censorship at the Protocol level as all validators are ran by Kiked corporations
on Avalanche you have independant Node operators.

tl;dr if you want low risk staking where you dont get fucked you stake AVAX instead of ETH.

[Anonymous No.51254975]

>>51254825
>Work
>Rich get richer
Okay sold 100k, now calm down maxi!

[Nemo Twix No.51255017]

LOL. I can't believe the TOP platform in this WORLD! So-called Yopi Network.

>Play AND Earn RPG Games
>High staking profit, up to 66%
>Clear and transparent roadmap
>The takeover of yopi.network is eminent in the new age technology

[Anonymous No.51255021]

>>51254975
smartest eth holder
>still retarded

[Anonymous No.51255326]

If you stake your ETH after Merge they rob you. You have to join a pool and they only give you 4% while they take 6% of the staking profits from your own money.

[Anonymous No.51255391]

>>51254825
>Bitcoin will get flipped by Ethereum soon after the merge easily though.
I think we will see a flip.
they are all ready with the heavy cannons
once merge hits, all ((media)) is green
big corp is jumping in on the green train
mah climate change
normies are being brainwashed
after seeing corona ops in full force
i have no doubt their cannons are over 9000
its ogre for SOVL
....
but, the POW gods might come with wrath and vengeance and obliterate teh POS, POS breaking will be fun
but i am more into its gonna be a train ride for 2-3 years and then ETH dies
POW will reign supreme, just not sure in which time frame

very risky to try to (()) teh (()), if u think u want to profit on this train ride. caus at the end of the day if POW gods erupt, POS will fail technically
and this shitshow will be something to see, biggest winner probably will be ETC ( assuming POS fails technically )

[Anonymous No.51255475]

>>51254825
>Suddenly the coins wont be backed by any real work
Crypto currency work isn’t real work you dumb fuck. Who the hell deluded themselves into thinking that letting a gpu guess numbers is work?
>Rich just get richer
Yeah I’m sure it was poorfags mining most eth

[Anonymous No.51255517]

>>51255475
better then your POS usury

[Anonymous No.51255529]

>>51255517
>your POS usury
For one it objectively isn’t usury and two I don’t favor one over the other
You faggot need to quit pretending you’re doing any fucking work or that “real work” is behind POW. Biggest fucking misnomer out there that you’ve latched onto.

[Anonymous No.51255532]

zucco, go eat the bull cum out of your wife's snatch
nobody gives a shit

[Anonymous No.51255547]

>>51254975
>>51255021
Ethereum isn't a competitor to Bitcoin
That is why when ETH goes POS and flips Bitcoin, it isn't a failure on Bitcoins part. They are just not competing with each other.
Bitcoin will still be king PoW even when Ethereum is 5x Bitcoins marketcap due to the market laws of supply and demand.
Proof of Stake is a shitty consensus mechanism. A Con Sensus if you will.

[Anonymous No.51255582]

>>51255529
It's not a misnomer it's the physical definition of work

[Anonymous No.51255585]

>>51255547
Idk where to start with this... "Ethereum is 5x btcs market cap due to market laws of supply and demand" just stop talking. it's embarrassing

[Anonymous No.51255597]

>>51255529
>I don’t favor one over the other
what ya mean you don't favor one over the other?
how much onions have you been drinking mate?
how can you not have an opinion on this very crucial political subject in crypto?

[Anonymous No.51255608]

>>51255582
No it isn’t
>>51255597
Get a fucking life

[Anonymous No.51255621]

BTC POW scam
> Preorder a $1000 plus shipping and duties (+2 year old premined) (((new 2022))) asic miner from the 2 global ASIC manufactures monopoly
>Becomes obsolete in 1 year because of difficulty and halving
>Becomes obsolete because high electricity cost

ETH Chad POS
>start minning right away no preorder needed, scalpers seething
>Deposit 100 rupee (0.01 Eth) to DAO staking smart contract, villages can afford to mine India becomes super power
>Even a phone running Linux can stake just add SSD and 0.0001 eth, very decentralized
>Never becomes obsolete just add more SSD

It's over btchuds Eth is king. Buy kleros

[Anonymous No.51255652]

[Anonymous No.51255663]

>>51255585
Ethereum and Bitcoin just aren't competitors, anon. PoS will make them even less alike.

[Anonymous No.51255664]

>>51255608
360 and go back nigger

[Anonymous No.51255665]

>>51255652
Bitcoin maxis calling eth a security to try and get it regulated are pathetic
>>51255664
No u
Stupid nigger

[Anonymous No.51255690]

>Suddenly the coins wont be backed by any real work.

Newly issued coins aren't backed by anything under PoW either. Expending energy =/= backed. Backed means the note can be redeemed for that which it is backed by.

PoW = wasting energy to create new coins

PoS = wasting the time value of money to create new coins

[Anonymous No.51255703]

>>51255690
/thread

[Anonymous No.51255734]

>>51255690
It's true that it's not backed, but there is real cost to create new coins.

[Anonymous No.51255771]

>>51255703
kek, u, the previous poster and OP, are a bunch of faggs on this matter
its fucking numbers in the computer
they ain't backed by shit
though each has a utility, and a promise of functionality

one is an anonymous SOVL, in the age of darkness - The Times 03/Jan/2009 Chancellor on brink of second bailout for banks
the other is a cute retarded geek being fronted by (())
only question that remains, for semi poor fags like myself is, whats the best tactical move in the current climate to stack more sats?

[Anonymous No.51255774]

>>51254825
>moral and ethical values
lol
lmao

[Anonymous No.51255786]

>>51255774
back to the greeks retard

[Anonymous No.51255802]

>itt: faggots who think their opinion matters
Vitalik is watching this thread closely to decide if it's ok to merge, choose your words carefully

[Anonymous No.51255812]

>>51255665
Delusional retards calling eth a permissionless, decentralised blockchain is disgusting. You bought shares in a US fintech company most comparable to Paypal

[Anonymous No.51255813]

>>51255547
Bitcoin is the undisputed king of proof of work. No other coin can ever waste as much energy to be a digital rock

[Anonymous No.51255829]

>>51254843
No one in their right mind would purchased AVAX after they were exposed this week for being scumbags and frauds who steal off competitors. AVAX will go the way of shit like XTZ.

[Anonymous No.51255830]

Peter Thiel tunges vitaliks anus

[Anonymous No.51255977]

>>51255812
That’s just factually incorrect

[Anonymous No.51255983]

>>51255771
Bitcoin isn’t backed by anything either so what’s your point?
You aren’t getting any appreciable profit from mining if you aren’t rich enough to buy a mining farm, and it’s centralized as fuck. That’s why the entire BCH debacle happened.

[Anonymous No.51256003]

>>51255829
>after they were exposed
that was FUD made up by a salty competitior.
keep up with the news buddy.

[Anonymous No.51256008]

>>51255977
>validatation centralized by US-based staking companies
>hosted on AWS
You bought shares in PayPal 2.0

[Anonymous No.51256026]

>>51255983
>what’s your point?
look at the fundamentals of thought in each of the founder (satoshi, vitalik)
read a book on bitcoin, caus unfortunately you probably have alot of understanding missing
once you got the understanding, make a decision.
>centralized as fuck
show me! pools do not count, if they do count them, u miss some understanding of the playing field.

[Anonymous No.51256033]

>>51256008
Fake
>>51256026
Also fake
Christ why do schizos flock to this shit

[Anonymous No.51256039]

Ethereum had never any kind of ethics though. They literally forked the chain and forced CEXes to stop all trades to save their premines.

[Anonymous No.51256046]

>>51254825
This is such lame fud. Nobody is stupid enough to fall for it.

[Anonymous No.51256049]

>>51256033 checked
>fake
u think we invent this shit, or it isn't true?
who provided the fund for vitalik to develop eth?
damn son, im starting to think you are a lost caus

[Anonymous No.51256052]

>>51256039
All they seem to care is pumping the coin. ETC was the ethical side of Ethereum and got left out of the pump. Same will happen with ETHPoW. ETH will go 5x Bitcoins marketcap while ETHPoW will not stay in top 10 even.
Its all about the price for these developers, not about the tech

[Anonymous No.51256059]

>>51256033
What the fuck do you think "Hosting" means, retard?

[Anonymous No.51256083]

>>51255812
>You bought shares in a US fintech company most comparable to Paypal
based
nobody cares about your ideological autism

[Anonymous No.51256094]

who in their right MIND would lock up their eth for 1+ years? did yam or jewel not teach anyone anything?

[Anonymous No.51256099]

>>51256083
>muh greed and delusion
we know

[Anonymous No.51256100]

>>51256094
People who still can't spot a scam in crypto