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51351028 No.51351028 [Reply] [Original]

So is Ethereum gonna gigapump soon? ETHBTC took a huge dump but I thought it was gonna crush BTC with the triple halvening.

>> No.51351189

Yeah we're gonna blast these little fuckers. $1800 EOD

>> No.51351202
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51351202

>>51351028
The Flippening is just around the cor.. AACK!!

>> No.51351215

the "halvening" isn't a halvening when all miners stop using energy.
the cost to create 1 eth after the merge actually goes down, and by a lot.

>> No.51351311

>>51351028
You're never flipping the king. Bitcoin is going to absorb 75% of the value left in the space now. Eth can have 5% if it's lucky. What you think people are going to transact and store wealth in a premined shitcoin that will soon be controlled by the largest ETH holders? Get real.

>> No.51351334

>>51351215
So you're telling me that miners don't have to sell ETH to cover production costs. Making nodes highly profitable and incentivizing people to lock up 32ETH at a time.

>> No.51351362

>>51351311
>small country's energy use for 7tps
>coin controlled by the largest miners
damn good point bitcoin is king

>> No.51351448

>>51351362
Not even nation states have the ability to attack BTC. They can completely own ETH just through money printing once it goes POS. What do you think Russia and China are going to trade crude in? They are talking about using crypto for cross boarder trade. You faggots are on the wrong side of history.
>BTC
>XMR
>LTC
Is all that matters. Everything else is a scam.

>> No.51351581

eth is a useful tool, bitcoin isn't a useful tool, bitcoin is real money, eth isn't

>> No.51351596

you can have a useful tool, or you can have money. can't have a useful tool that is also money without breaking the laws of physics. bitcoin is security and decentralization at the cost of everything else.

>> No.51351622

>>51351448
>nation states can just pump your coin to the fucking moon
nice I will sell them my ethereum for their attack once they've already pumped it to $20k trying to buy a controlling stake

>> No.51351643

>>51351596
>the laws of physics!!!
wtf are you talking about. gold is a useful tool, silver is extremely useful. monetary metals.

>> No.51351652

>>51351581
>>51351596
absolutely toe curling cringe

>> No.51351661

>>51351028
Eth is an establishment memecoin that is only being propped up by premine whales via hedge fund money laundering. It's a joke and all you have to do is check etherscan.io to see that volumes have fallen off cliff since it was revealed that consensys secretly sold IP to the big banks in backdoor deals just before (((the defi revolution))) kicked off.

>> No.51351665

>>51351334
no, i'm saying production costs are now zero

>> No.51351757

>>51351448
>Bro just buy 20% of the supply bro it's that simple what is liquidity lol

>> No.51351771

>>51351622
You admit the difference then. BTC is the bedrock of the coming world order. ETH is just a flip for rapidly inflating and dying fiat currencies. 1 BTC is a make it stack many times over when BRICS do away with the US dollar.

>> No.51351776

>>51351665
I create a PoW shitcoin with extremely high difficulty and no adjustment and it costs ~$1m to mine a single coin. Does that mean it now has an inherent value of $1m?

>> No.51351799

>>51351757
Given Binance holds >50% of the supply of a lot of these POS coins I don't see the problem here. Are you really trusting Chinese controlled CZ with the security of your network now?

>> No.51351810

>>51351776
that's not relevant to any part of this conversation.
i'll spell it out more your speed:

before there was energy costs, and mining outputs,
then we had that plus staking outputs (buying eth to stake has and will never be a source of inflows, way easier ways of making 6% APY),
and soon we'll have just those staking outputs, with no inputs.

proof of stake is about the threat of punishment than the cost of production. if no one misbehaves, the cost to produce eth literally drops to zero. that's incomparable to any real bitcoin halving where inputs remain unchanged.

>> No.51351823

>>51351661
oh no getting in early on digital age banking. this is so bearish. and a nation state might pump the price to $40k blowing through all liquidity trying to control the network. and no more miner sell pressure to cover their electricity bills! you guys are really fudding me out of my ethereum bags.

>> No.51351998

>>51351823
>digital age banking
eth completely shits the bed with insane fees everytime real volume is thrown at it. add in MEV which rewards the network back end (consensys) with insane rewards for frontrunning user transactions via metamask and you have a shitty, slow analog to the high frequency trading, with which tradfi rapes the plebs everyday. it's a small club and you are not in it no matter how much baggie cope you project. I have eth only because I am aware of how shitty software can still dominate markets thanks to monopolistic corruption (microsoft).

>> No.51352038
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51352038

>>51351998
>n-no stop being bullish, I mean even I hold ETH so you should listen to me but don't be bullish!
lmao the shill script always gets confusing at this point

>> No.51352186

>>51352038
If it was a script it would be common knowledge here. I don't give shit anyway since I bought eth at $10. BTC scared the shit out of the establishment. globbing together a bunch of bullshit (ethereum) and appointing a useful idiot as the frontman was their answer to btc. Now the merge happens and they will try to outlaw PoW across the board. This will backfire, it already is, and it will be plain for all to see that this was the plan since eth's inception.