/biz/ - Business & Finance

[Anonymous No.51285376]

Crypto is over if ETH flips Bitcoin

[Anonymous No.51285407]

Over for maxis. Cryptos real beginning starts when alts completely untether from BTC, the manipulation has been going on for too long.

[Anonymous No.51285413]

>>51285376
Laser eyes are in full dmg control.

[Anonymous No.51285446]

The only reason BTC matters it's because it was the first one and the biggest one. Once it is no longer the biggest one then why hold bitcoin instead of the one that beat it.

[Anonymous No.51285506]

>>51285376
Bitcoin is over if ETH flips Bitcoin
such is the life of being a superfluos ponzi token with no utility or fundamentals to speak of

[Anonymous No.51285533]

>>51285407
>IT'S OVER FOR MAXIS
>still hasn't broken 2018 lows
kek this board is flashing massive sentiment top signals for ETHBTC

[Anonymous No.51285543]

>>51285533
enjoy the bags retard

[Anonymous No.51285563]

>>51285533
>>51284956

[Anonymous No.51285576]

>>51285533
Problem with this the great tokenomics of eth, every nigger thinks it ll dump after the meege, but literally wont be any issuance for a fucking year. I really hope btc wont die, but i have a feeling nobody ll give a fuck about btc if eth has a much bigger potential to grow.

[Anonymous No.51285592]

>>51285543
>>51285563

[Anonymous No.51285610]

>>51285592
no pepe can hide your pain, the amount of gains you have lost over the years, and the amount of regret you will feel watching BTC slowly bleed out relative to ETH, just ouch

[Anonymous No.51285611]

Ethereum is a great cryptocurrency, but Ethereum and Bitcoin are not in competition with each other.

[Anonymous No.51285623]

>>51285611
>every newfag ever
no, BTC is a subset of Ethereum and is worse in their overlap in every meaningful way

[Anonymous No.51285631]

>>51285610

[Anonymous No.51285640]

>>51285631
>he's an astrologist
grownups don't trade, they invest
whatever happens now or in the next week or month is inconsequential - the trajectory is indisputably a flippening

[Anonymous No.51285654]

>>51285640
>GROWNUPS!!! I'm ADULTING and you're a DUMB BABY if you don't go all in ETH!!!
lmao ok retard. good night

[Anonymous No.51285677]

>>51285623
Algorand is better than ETH. The only thing ETH has over algo is network effect, which is what BTC has over ETH so don't try claiming that matters now.

[Anonymous No.51285724]

>>51285376
why exactly?

[Anonymous No.51285732]

>>51285376
you have to take the btc dominance with a grain of salt. most alts have a fake propped up marketcap. marketcap can easily be manipulated especially at the start. like how ripple printed 100B shitcoins but only 50B are on the market( actually much less is on the market) and other ways. the real btc dominance is probably about 60pct, the real eth dominance probably 30pct, rest is for shitcoins oh and a honorary position for monero it will exist always

[Anonymous No.51285756]

>>51285732
No way to chart that in a way everyone agrees
Since we are talking about ETH, I'll can dump the BTCETH chart then

[Anonymous No.51285812]

holy fuck this board is infested with newfags. nobody in this thread has any idea what they are talking about!! This is insane! The bottom cannot be in yet this reminds me of 2018 btc bouncing between 6k and 12k. so many clueless people all shouting the loudest! Insane

[Anonymous No.51285842]

>>51285812
Yeah, the bottom is likely somewhere around 10% dominance for this altseason
Still a long way to go. Newfags just dont get how big these things can roll into

[Anonymous No.51285932]

>>51285677
What is Algo good at?

[Anonymous No.51286043]

>>51285446
BTC inflation will keep going down, eth will flip btc and in 2025 BTC will flip eth again.

[Anonymous No.51286064]

>>51285407
Death to bitcoin, death to Satoshi!

[Anonymous No.51286071]

>>51285732
Based and truthpilled

[Anonymous No.51286121]

>>51286064
Satoshi did nothing but give us freedom and prosperity kys.

[Anonymous No.51286128]

>>51285446
I agree. I think once BTC is flipped, we will see it drop in rank pretty fast.

[Anonymous No.51286163]

>>51285677
Algorand is a centralized ghostchain that is down 90% from 2018 because of smelly VC bags dumping on you. Why defend it?

[Anonymous No.51286165]

>>51286128
No, BTC has literally 15k nodes, even the most descentralized coins after it are not as descentralized.

You can start a node with 1 click and the blockchain is really small giving it's decades old.

BTC will remain strong as hell.

[Anonymous No.51286255]

>>51286165
The lead in nodes for BTC over ETH is less than that of the price.
13371/7172 = 186%
$382bn/$202bn = 189%

Thus is it obvious that the reason BTC has more nodes is not inherent to its design, it just follows the money. If the marketcap drops, its node count will drop also. Ethereum is also not hard to run a full node for. You can do it in a raspberry pi.

[Anonymous No.51286307]

>>51286255
No dude, eth full nodes cost a hell of a lot more to run, btc can be run on a 20 year old computer, just download btc core.

BTC entire glorious idea is it's simplicity, Litecoin and other similar coins to btc also are very simple.

But BTC is the only one with so many autistic schizos running so many nodes even on tor.

[Anonymous No.51286324]

>>51286307
Not a "hell of a lot more", just a little more. As said, you can run an ethereum node on a raspberry pi with an SSD. You don't need anything more efficient than that. There's diminishing returns. It doesn't matter than BTC can be run on 20 year old computers because no one has a computer that's 20 years old anymore, anyway.

[Anonymous No.51286351]

>>51285376
We have a 'sell the news' on the schedule fren. On the other hand, I think that mining in general will see a new ATH soon so keep your gpus ready on the line

[Anonymous No.51286374]

>>51286324
BTC nodes contain all data since genesis you can literally run one just installing bitcoin core.

ETH is not as easy and nodes are divided only a few nodes being archive nodes.

Once again there is a reason why most btc nodes are residential while most eth nodes are hostings.

[Anonymous No.51286407]

>>51286374
You don't need archive nodes to have a full ethereum node. A pruned node contains all necessary data, even for validators. Archive nodes are only useful for quicker searching of historical data, for example for block explorers or exchanges.

[Anonymous No.51286513]

>>51285376
every year: "its happening eth is flipping bitcoin"
every bear condition: *gets sold faster than btc*

meanwhile, the relative gains of 2017-2021 ATH of eth vs bitcoin was lower. in this run eth didnt even do as much gains as bitcoin from its previous high to its current. you may be looking at the short game here, but this halving btc overtook eth, and next new high of btc will again be higher in percentages than next new high of eth

[Anonymous No.51286683]

>>51286513
why are you retards always going back to the 1 wick that happened in the span of a few weeks? indisputable fact is that buying ETH has been better for 99% of holders over the last 7 years
COPE

[Anonymous No.51286740]

>>51286513
>meanwhile, the relative gains of 2017-2021 ATH of eth vs bitcoin was lower. in this run eth didnt even do as much gains as bitcoin from its previous high to its current.
>yeah ETH went up 5k% while BTC went up 1.7k%, but btc did better when it comes to my arbitrary starting point

[Anonymous No.51286802]

>>51285376
Im sick of king shitcoin constantly being manipulated and tanking the whole market the flippining cant come soon enough.

[Anonymous No.51286915]

>>51286802
All that would happen is ETH would dump and take the whole market with it. Crypto has just turned into another Wallstreet

[Anonymous No.51286947]

>>51286915
90% of the new value is being driven in by the ETH ecosystem, don't be delusional
Bitcoin is an anchor making the whole thing a speculative mess because it has zero fundamental utility or value
taking Bitcoin out behind the barn is the best thing that can happen to the space

[Anonymous No.51286988]

>>51286947
I hope you're right anon because it's sickening that the fucking US stock market has any impact on crypto, yet whenever the DOW has an off day crypto plummets

[Anonymous No.51286993]

>>51286740
the higher high game is over for eth for now. what will happen in the future is speculative. eth is just taking steps to become closer to a central bank currency now. this could be good but this could also be bad. i will not speculate about this since big daddy is king and is master of POW, so it could be that in the long term this will be bad for eth. it could also mean a new flip. more than interested in arguing about who is right, i am interested in seeing how it develops in the next few years market cap wise in comparison

[Anonymous No.51287257]

>>51285376
sell signal for alts

[Anonymous No.51287855]

>>51285446
BTC still dominate the market and that's not going to stop. I can't change that so it's good to just look out for new launching tokens like GSTAR.

[Anonymous No.51287934]

>looking at the psyop dominance chart

BTC/(TOTAL-USDC-USDT-BUSD_MARKETCAP)*100 on tradingview, You're welcome

[Anonymous No.51288068]

>>51286993
>higher high
nobody gives a fuck about 1 wick you dumbfuck seriously its the most blatant bitcoin cuck cope and you people tout it like it matters or anybody thinks about it ever
>central back currency
go fuck yourself you blockchain illiterate retard
POS > POW, the arguments have been laid out five trillion times and if you do not get it by now you are simply mentally ill

[Anonymous No.51288668]

>>51288068
look buddy, xrp, stellar, all this kinda of shit, it failed to perform this bull run as previous one. it seems like pos is detrimental for value compared to pow. best 2 coins have been pow. it is ok to be skeptical about eth's long term future.

>>51287934
how is this better than "BTC.D"?

[Anonymous No.51289151]

>>51288668
>how is this better than "BTC.D"?
It's obviously not.

[Anonymous No.51290062]

>>51285376
Well, the rate of development in Ethereum is incredible. The quality of projects and protocols built on it are generally facilitating the mainstream adoption of cryptocurrency. For example, users can now use everyday logins such as GMail for wallet creation and simple authorization on the chain.

[Anonymous No.51290170]

>>51285932
It's supported by ORE network and its web3 auth system. That's something good

[Anonymous No.51290732]

>>51286121
You're idolizing an ephemera. Satoshi is either a group of opportunists or a government op. This whole narrative of one man against the system is entirely fabricated. The banks will survive, I've talked to some higher up people in the industry and their sentiment is the same, "If true, we'll adapt and integrate". There's no situation where they truly lose.

[Anonymous No.51291433]

>>51286740
>n-no don't look at your arbitrary starting point
>look at my arbitrary starting point
>also assume we're heading to new ATHs from here and aren't going to bounce off of ETHBTC resistance!
cope

[Anonymous No.51291642]

lots of brown-iqs in this thread
ethereum's last true high was 2017, nearly six years ago, with an entire bull run passing and not making a new high
maybe it will in the future, but it would be unique in doing so, literally nothing else without dust marketcaps has ever recovered from a failed bull market cycle

[Anonymous No.51291781]

>>51291433
Judging each coin by the rise from their lowest points to their highest isn't arbitrary. That's as complete of a picture that you can get.

[Anonymous No.51291807]

>>51291642
>no true ath
you are mentally ill

[Anonymous No.51291846]

>>51291807

he’s obviously talking about ethbtc newfag midwit pledditor

[Anonymous No.51291850]

>>51291781
bitcoin was pennies in 2009
ETH hit its ATH against bitcoin in 2018
you're just saying ETH good, more volatile!!!

[Anonymous No.51291852]

>>51285376
Eth is dead. There are 100 chains that do what it does better. This is going to be the biggest sell the news event ever

[Anonymous No.51291990]

>>51291852

I don’t understand why ETH would be worth shit compared to other PoS chains after the merge? Only reason it’s expensive right now is because of mining.

[Anonymous No.51292040]

>>51286324
have you actually run an eth full node on a raspberry pi or are you just repeating what you've heard?

[Anonymous No.51292126]

>>51291990
>Only reason it’s expensive right now is because of mining.
nonsense, expense to produce doesn't make something inherently more valuable

[Anonymous No.51292154]

>>51291850
>bitcoin was pennies in 2009
comparing the price from when it came out is cope.
>more cope
>more cope
Someone who held ETH instead of BTC made more money than the inverse. You lost. Simple as. I don't even like/own ETH.

[Anonymous No.51292195]

>>51292154
>Judging each coin by the rise from their lowest points to their highest isn't cope. That's as complete of a picture that you can get.
>someone who held ETH instead of BTC made more money than the inverse (if they bought in [range] and sold today)

[Anonymous No.51292217]

>>51292126

sure, but ETH under PoW was the second most secure blockchain in existence, that surely had an impact on the valuation, that’s going to disappear with the upgrade.

[Anonymous No.51292311]

eth is not crypto anymore, it gave up its only tech that made it decentralized. it's like when people have the delusion BNB is decentralized.

[Anonymous No.51292382]

>>51292217
PoW is not secure long term. PoS is an improvement in both security and scalability

[Anonymous No.51292418]

>>51292382
that's the shit they force feed down your throat. piece of shit is mathematically a plutocracy.
pow has never been hacked and manipulated given enough people mining.

[Anonymous No.51292461]

>>51292418
this will change when it becomes economically advantageous to mine adversarially, which is inevitable for btc's current model when block rewards decline and decentralized markets are more sophisticated

[Anonymous No.51292501]

>>51292382

I actually agree for the most part, but I still fail to see why that makes ETH magically better than the other PoS blockchains out there, my whole point was that ETH under PoW was distinguished as being the second most secure network, what does it have now that separates it from the pack? Nothing.

[Anonymous No.51292514]

>>51292461
that's science fiction, pow has gone through massive winters of all kinds of scammers when the coins were still small and the least secure and you have the delusion it can be "chinked" now after even more people mine.

pos is mathematically a plutocracy because it has built-in the requirement to be rules by the few wealthy (and the staking is also locked on-chain (unlike mining) so the US government can just seize it at any time)).

[Anonymous No.51292536]

>>51292461
that's science fiction, pow has gone through massive winters of all kinds of scammers when the coins were still small and the least secure and you have the delusion it can be "chinked" now after even more people mine.

pos is mathematically a plutocracy because it has built-in the requirement to be ruled by the few wealthy (and the staking is also locked on-chain (unlike mining) so the US government can just seize it at any time)).

[Anonymous No.51292549]

>>51285376
More like it is finally begun. Btc is useless. The future runs on ETH

[Anonymous No.51292632]

>>51292501
It is still at least the second most secure blockchain. In fact, after the merge, it could be argued that it's even more secure than BTC, but that's hard to compare 1:1 of course.

It sounds like you're saying that the security of a PoS chain is the same as any other PoS chain but that's not at all the case. It's still like PoW in that the more resources is being used for security, the more secure it is. And ETH has currently over $22 billion dollars staked. No other PoS chain is even close to that.

[Anonymous No.51292661]

>>51292632
> more secure
at least 60% of the staking is controlled by the big exchanges which are 100% controlled by the US government.

eth is dead and people don't know it yet.

[Anonymous No.51292683]

>>51291852
>There are 100 chains that do what it does better
Incredible the number of chains out there. At some point, cross-chain functional systems will be indispensable.

[Anonymous No.51292688]

>>51292661
lol sure

[Anonymous No.51292716]

>>51290062
>For example, users can now use everyday logins such as GMail for wallet creation and simple authorization on the chain.
Credits to ORE ID and AIKON.

[Anonymous No.51292718]

>>51292661
This will be an interesting battle then.
Either Ethereum dies before flipping Bitcoin, crypto is saved. Or if it manages to flip Bitcoin first though, all of crypto is over forever.

[Anonymous No.51292762]

>>51291990
>>51292311
>>51292514
this. the AIDS beanpole and co. can drag miners’ name through the mud, claim PoS is more secure than PoW, etc. until the end of time. it doesn’t matter. the fact is that miners provide an irreplaceable service to the network, and that is why people pay so much for PoW ethereum compared to every other piece of trash PoS coin. Post-merge, the Ethereum Foundation and Lido (and by extension, western governments) will control ETH for the rest of its existence

[Anonymous No.51292785]

>>51292718
it's mathematically already a done deal. pos is explicitly a plutocracy and the staking is controlled by the US government because at least 60% of the staking is controlled by the exchanges that can be directly ordered to do what the governments want; pow does not lock your wealth on-chain; you can move your mining (and hardware/wealth) wherever you want and whenever you want at aid at decentralization.

eth is basically already dead as crypto; it's like bnb now; something entirely controlled centrically with people having the delusion it's decentralized.

[Anonymous No.51292812]

>>51292718
it's mathematically already a done deal. pos is explicitly a plutocracy and the staking is controlled by the US government because at least 60% of the staking is controlled by the exchanges that can be directly ordered to do what the governments want; pow does not lock your wealth on-chain; you can move your mining (and hardware/wealth) wherever you want and whenever you want and aid at decentralization.

eth is basically already dead as crypto; it's like bnb now; something entirely controlled centrically with people having the delusion it's decentralized.

[Anonymous No.51293929]

>>51292536
you're not thinking about attacks from the angle of financialization, the collapse of terra should have set off an alarm for you about how decentralized markets open up huge new attack vectors when a chain's security depends purely on financial incentives. bitcoin did not die during winters because there was no liquidity for attackers to cash out their spoils. sufficiently liquid decentralized markets + low block reward leading to compromised miners make the likelihood of an attack increase with every halving, especially as rivals emerge
>>51292501
being a successful financialized chain is more than just having a secure sybil resistance mechanism. switching to PoS is only one piece of what will continue to make Ethereum grow in value. if I just wanted to use blockchain for distributed computing without any financial exchange going on, I could make my own node software and similarly minded people could use it and even bridge to it if they wanted to. but if I wanted it to be financialized, I would use Ethereum or its L2s

[Anonymous No.51293965]

>>51292812
>it's mathematical
show your work

[Anonymous No.51294049]

>>51293929
luna/ust code is irrelevant because it was just a stupid algorithm that relied exclusively on the retardation of "luna only gongo up".

pow/decentralization has proven multiple times it's secure given enough miners even in the worst winters imaginable.

by the way: if you want better "fiat coins"(I refuse to call them "stable") look into overcollateralized ones like dai etc.

[Anonymous No.51294137]

Today I recalculated how much Eth I have for the first time in over a year. With the stake and small buys here and there I am now up to 73.2. I am ready for the merge.

[Anonymous No.51294287]

Bitcoin is about to crash. No refunds. Fire sale. Capitulation. It's over.

[Anonymous No.51295300]

>>51285376
Crypto is legitimized if ETH flips Bitcoin

[Anonymous No.51296226]

What's going on with the alts bros