[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 90 KB, 640x800, 1595841848214.jpg [View same] [iqdb] [saucenao] [google]
51354974 No.51354974 [Reply] [Original]

what if its a big nothing burger? and ETH dumps sub 1k.
>I really hope it'll ignite the bullrun

>> No.51355023

Every single bulltard on the planet thinks eth is going to at minimum 3k as soon as the merge happens, so this definitely won't happen. Same with sparking a bullrun.

Bears are hoping there's a major flaw with the merge that crashes the price. Possible but I wouldn't bet on it.

The truth is, the merge is almost certainly already priced in. You might see a flash dump and/or pump during the merge but nothing too impressive in the grade scheme of things.

>> No.51355025

sex

>> No.51355027

>>51354974
Its been predicted that eth could dump to 800 dollars in the short term or pump to 2200. The long term is what you want to look at. 20k within two years.

>> No.51355030

>>51354974
>what if

>> No.51355045

>>51354974
who is this person?

>> No.51355055

>>51355030
this. pull the plug.

>> No.51355062

>>51355025
SEXO*

>> No.51355069

>>51355023
Holy cope, I've seen
>Le biggest sell the news event in history
More about the merge than about anything else in human history

>> No.51355081
File: 83 KB, 445x601, 166274346928865427.jpg [View same] [iqdb] [saucenao] [google]
51355081

sex

>> No.51355087

>>51355069
>moonboi triggered
case in point

>> No.51355089

>>51355069
bullshit, bulls are desperate for a win and are hootin and hollerin about how they're going to wake up rich after the merge. tough shit

>> No.51355094

Sex with bug woman.

>> No.51355112

>>51355089
Yeah but you idiots have been saying for months that the merge is never going to happen. Well its happening. You are going to get left behind.

>> No.51355140

>>51354974
I want to ignite her bullrun

>> No.51355263

>>51355023
>people think it will happen so it won't
whenever there has been a bull run there have been plenty of people who thought it was going to happen. This seems to go against your theory that it wouldn't. People say all things at all times, and everything between bullish and bearish extremes. It's just guessing really. Wish you could admit it.

>> No.51355340

>>51354974
Shooped
>>51355081
Delicious body ruined buy those disgusting tumors

>> No.51355365
File: 514 KB, 1366x768, Screenshot from 2022-08-22 09-43-33.png [View same] [iqdb] [saucenao] [google]
51355365

Now that eth is PoS and not PoW, it has no value.

>> No.51355430

>>51355023
every retard thinks there will be a bull run after the halvening and guess what ..

>> No.51355533

Post more Asian women in business clothing please

>> No.51355575
File: 136 KB, 610x602, 166185258651247375.jpg [View same] [iqdb] [saucenao] [google]
51355575

>>51355533
the best I can do is gym attire

>> No.51355594

>>51355575
never any hardcore scenes of PAAGs which is a shame

>> No.51355603

>>51354974
I want to merge with her, if you know what I mean.

>> No.51355620

If it wasn't a 'sell the news' event there would be no one talking about it at all on a Malaysian Islamic finance imageboard because they'd be too busy buying. Stinks of desperation

>> No.51355654
File: 7 KB, 263x191, 1660832526952.jpg [View same] [iqdb] [saucenao] [google]
51355654

>>51355430
What?
I want to know what will surface from your point of view? Not that I care that much, but I do. I'm prepared, and my major buck is in a stable, and it's fucking staked on freeway. Next year I'm going fully into the market.

>> No.51355680

>>51355112
Some folks are so extremely negative with their sentiments without good backing. Don't be fooled by their lies. Stick to what works fine for you.

>> No.51355728

Technically it should pump, if not after the merge, then 6-12 months later. Why?
Reduced issuance. Similar to bitcoin halving, similar to BNB burning (BNB just reached ATH against Bitcoin because of the fee burn (reduced supply)).
So, judging by history, it would be surprising if ETH didn't pump. Only thing hilding ETH back is centralization of nodes and centralization of upgrade decisions. I would personally wait for the pump and convert my positions to BTC, LTC, XMR

>> No.51355782

>>51355045
Song Yuxin

>> No.51355786

>>51355603
>what if its a big nothing burger? and ETH dumps sub 1k.

this is inevitable!

>> No.51356413
File: 151 KB, 740x740, 166258081420173845.jpg [View same] [iqdb] [saucenao] [google]
51356413

>>51355782
nice

>> No.51356479
File: 82 KB, 634x705, jana.jpg [View same] [iqdb] [saucenao] [google]
51356479

>>51355062

>> No.51356538

>>51354974
90 percent reduction in issuance + fed pivoting = five digit price eod

>> No.51356553

>>51356538
Eoy

>> No.51356574

sex with human female

>> No.51356591
File: 85 KB, 1080x1080, 1629304772103.jpg [View same] [iqdb] [saucenao] [google]
51356591

>>51354974
ETH, like all of crypto, is just yet another index for the NASDAQ. Triple fig price EOY when the NDX and DOW shart themselves

>> No.51356843

>>51355594
It's ABG not PAAG

>> No.51357197

>>51355023
It won't pump to 3k, all the merge does is protect against shit like this: https://www.whitehouse.gov/wp-content/uploads/2022/09/09-2022-Crypto-Assets-and-Climate-Report.pdf
Rollups and the surge are much more important. Hell, even the verge is more exciting..

>> No.51357365

the merge will be making ethereum greener and will also drive-up adoption, resulting in an increase in demand on matic and reliance on its scaling solutions to handle millions of daily transactions

>> No.51357424

>>51355340
>Not liking tits
What an amazing faggot you are

>> No.51357477

>>51355728
>>51356538
this. I watched an interview with Arthur Hayes on Bankless and he said due the massively reduced issuance ETH will pump even if the macro economy is shit. he gave a price target of 3K ETH EOY

>> No.51357488

>>51355340
Pedo detected.

>>51357365
I'm more concerned with the fees. Nobody is talking about MEV.

>> No.51357539

>>51357424
I don't know what it is but tits have been appealing way more to me than ass in recent months. Maybe I'm subconsciously looking for a mother for my future children.

>> No.51357576

>>51354974
I just felt my cock twitch when I read triggrs bull run


My cock has never not once let me down. BuyBuyBuy

>> No.51359477
File: 290 KB, 575x620, lust.png [View same] [iqdb] [saucenao] [google]
51359477

>> No.51359628

>>51354974
biggest suckers rally. the eth merge is going to be a dramatic dumpening

>> No.51359688

>>51355069
god candle upon confirmation, a few hours of crabbing at high volume, then up more

>> No.51359854

>>51357576
I still think we might head down before the major relief, but that doesn't stop me from accumulating Matic, Xpress, Sylo, and Eth for now. Just be smart enough to flow with the wave.

>> No.51359908

>>51354974
i love asian girls so much bros
sexoooooooooooooooooooo

>> No.51360058

WHAT THE FUCK DOES IT FUCKING FEEL LIKE FUCKKKKKKKKKKKKKKKKKK I'M SO FUCKING HORNY AND LONELY I'M FUCKING LOSING MY MIND

>> No.51360196

>>51354974
>>51355023
>>51355027
Eth is not crypto anymore and will eventually die since it's programmatically a centralized plutocracy now. 60% of the stake is controlled by the biggest exchanges and 100% of the exchanges are controlled by the US government and other governments when in contrast: mining can switch at any time since it's not locked-on-chain and can even switch asset entirely within seconds.

Also the "wasted energy" meme is a lie; 0 energy is wasted; 100% of the energy goes to ..proof of work which is 100% an increase in security in a decentralized non-government-controlled manner and without even having your wealth(hardware/energy) locked-on-chain.

>> No.51360305

>>51354974
Well I really hope Eth doesn't dumps. But if it dumps, I will definitely buy the dip because I am certain about it long term effects just like how I'm accumulating Albt.

>> No.51360343

>>51357477
If demand is there for a Proof of Stake Ethereum, sure.

>> No.51360347

>>51354974
Ravencoin don’t care.
Hang all pedophiles.

>> No.51360362

>>51355023
It will die slowly and the ponytail groomer lemmings will scream foul play.
No miner tx around to hold their toxic hands no more.

>> No.51361362

>>51357539
Poor people like tits more,you're not getting poor are you anon

>> No.51361443

>>51355023
I'm thinking there'll be an initial sell the news dump, but in the long term the merge isn't priced in at all. Most people don't even know about the merge. But the dump will be pretty bad taking into consideration the current market state and all the expactations

>> No.51361538

>>51355575
is there any content or just photoshop pics like that?

>> No.51361714

>>51356843
i don't care about ABG I need PAAG's wheres the PAAG content

>> No.51361958

>>51361538
Jessica babyfat on instagram

>> No.51362595

>>51354974
im gonna merge my dick and these asshole if you know what i mean

>> No.51363261

question
now you can use a gpu to mine eth and get it without having to buy it from someone. will you be able to similarly obtain eth from nobody, just by yourself, once switch to proof of stake is done?

>> No.51363274

>>51363261
i mean starting from zero eth total to some eth, like you can with gpu now

>> No.51363793

>>51363261
No.

That's why you can't have a fair chain that is PoS from the beginning. PoW was necessary for ethereum to distribute ETH more fairly (although half is from the ICO).

>> No.51364022

>>51354974
Eth is committing suicide. It will dump after a successful attack on the network. I give it a week post merge before the first clusterfuck. Once everyone realizes that the chain is much less secure without a global network of miners it will be over and the commies will seethe and attack PoW even harder.

>> No.51364042

>>51355575
Fuck, those yoga pants with the asscrack thingy is absolute cringe.

>> No.51364062

>>51364022
dont worry they'll just roll back the chain lmao

>> No.51364082

>>51364062
They will. The US Treasury is so on top of ethereum now that they will probably mandate it.

>> No.51365367

>>51364022
>It will dump after a successful attack on the network
how could an attack on the network happen?

>> No.51366226
File: 606 KB, 800x792, pepe-ascii-art.gif [View same] [iqdb] [saucenao] [google]
51366226

>>51365367
- https://vitalik.ca/general/2017/12/31/pos_faq.html#what-is-the-nothing-at-stake-problem-and-how-can-it-be-fixed
- https://vitalik.ca/general/2017/12/31/pos_faq.html#what-is-weak-subjectivity
- https://vitalik.ca/general/2017/12/31/pos_faq.html#what-would-the-equivalent-of-a-51-attack-against-casper-look-like

>> No.51366245

>>51365367
>>51366226
You may also find this article interesting: https://vitalik.ca/general/2021/12/06/endgame.html

>> No.51366274

>>51366245
problem for ethereum is it's a tech enterprise, everyone is going to expect constant updates and progress on the base layer. no time to relax and "finalize" the protocol, especially if l2s dominate, ethereum will need to constantly court them to keep settling on ethereum instead of something else. much like with stablecoins, the power dynamic shifts to those in control of users.

>> No.51366332
File: 394 KB, 983x2042, monetary-changes-in-ethereum.jpg [View same] [iqdb] [saucenao] [google]
51366332

>>51366274
> especially if l2s dominate, ethereum will need to constantly court them to keep settling on ethereum instead of something else.
The entire point of rollups is that Ethereum has essentially outsourced the execution layer, allowing it to experiment in many directions at once while focusing on the settlement layer.
Likewise the purge and verge will give rise to specialized archival services, removing that responsibility from the main network as well.

>> No.51366364

>>51354974
Bull runs are delusional talk… wait for 2024… for now see u sub $500 / eth

>> No.51366433

>>51366332
yes, it's symbiotic, to a point. but ethereum will keep having to aggressively update their protocol to keep state updates cheap and fast, or these massive funnel points for users will consider cutting out the middleman.

>> No.51366513

>>51366433
Checked, but I'd argue the (admittedly short) history of crypto shows otherwise and that the successful networks are successful precisely because they only do one or two things and do them well enough to stay on top:
- Bitcoin: Payments (with Lightning) and store of value
- Bitcoin Cash: Payments
- Chainlink: Data
- Doge: Memes and fun wholesomeness
- Ethereum: Smart contracts and settlement
- IPFS: Storage
- Monero: Privacy-preserving payments

>> No.51366584

>>51366513
yes, although i think a lot of those examples have been proven bunk. as far as i care it's just bitcoin = value, and ethereum = doing things with value. sidekick netwoks like l2s and chainlink help ethereum accomplish its goal, but ethereum is a high velocity network, it has to adapt to market demands, and nobody knows what people are going to want to use blockchains for in the future, but it's going to need to adapt to whatever that is.

>> No.51366624

>>51360305
ALBT in the long run would be a gold mine as the TIDV and Fundrs would be completely functional.

>> No.51366675
File: 33 KB, 612x408, 7653787547.jpg [View same] [iqdb] [saucenao] [google]
51366675

>>51366584
>it has to adapt to market demands
It is supported by ORE. If entry barrier is significantly lowered to that effect, then we may see a display of its full potentials.

>> No.51366720

>>51359628
I doubt it.

>>51355728
>Only thing hilding ETH back is centralization of nodes and centralization of upgrade decisions.
Another thing holding it back, as well as other chains, is the complexity around the authorisation process and management of wallets and identities.

>> No.51366753

>>51366513
Good summary, although I'd place Railgun ahead of Monero in terms of completely decentralized privacy. Monero seems to be largely outdated

>> No.51366784

>>51366753
monero is out of date only because privacy as a product is out of date. monero's biggest and most successful competitor was ethereum when it added zk-proof opcodes.

>> No.51366798

>>51366513
>- Bitcoin: Payments (with Lightning) and store of value
>- Bitcoin Cash: Payments
>- Chainlink: Data
>- Doge: Memes and fun wholesomeness
>- Ethereum: Smart contracts and settlement
>- IPFS: Storage
>- Monero: Privacy-preserving payments
>- Open Rights Exchange: Identity management
No value in identity? considering the number of blockchains in the space

>> No.51366812

>>51366784
XMR is always going to be used though. I would argue that it'll replace BTC in the longterm. Check the XMR/BTC pairs, XMR has been gaining slowly

>> No.51366908

>>51366513
>>51366753
> I'd place Railgun ahead of Monero in terms of completely decentralized privacy.
I did say privacy-preserving payments.

>>51366798
Of course there's value in identity, but if you look at the centralized world then you'll quickly see that identity (as opposed to e.g. data storage and exchange) isn't a separate service, but one that any platform-as-a-service (PaaS) can implement.
That's not to say that there won't be a standard network for handling identity, but I don't personally recognise one having established itself as such yet. Arguably this is one of the aspects where the decentralized and centralized world could complement each other:
- https://tpbit.blogspot.com/2015/03/governments-do-your-job-give-us-unique.html
- https://webauthn.io/
- https://webauthn.guide/

Additionally an example of a network that screwed up in regards to this Unix-like principle would be Iota, it was well positioned to handling low-power payments for purposes like IoT, but they seemingly weren't satisfied with that role, and instead decided to expand into smart contracts and data exchange.

>> No.51366996

>>51366812
don't think it'll ever make any new btc highs though. technology has since moved on and given monero has no real plausible deniability it's a harder sell as "default privacy" than much wider used non-default privacy on transactional layers

>> No.51367094
File: 169 KB, 1600x2950, main-consensus forks-of-bitcoin.png [View same] [iqdb] [saucenao] [google]
51367094

>>51366812
Bitcoin eats Monero if it implements privacy-preserving payments before Monero reaches critical mass, otherwise Monero eats Bitcoin.
Considering their CashShuffle and CashFusion moves, it's even possible that Monero and Bitcoin Cash will eat Bitcoin together:
- https://cashshuffle.com/
- https://cashfusion.org/

Bitcoin Cash and Monero also have the advantage that P2Pool mining is actually viable on their networks, which goes a long way in defending against ESG crackdowns on (ASIC) mining compounds: https://www.whitehouse.gov/wp-content/uploads/2022/09/09-2022-Crypto-Assets-and-Climate-Report.pdf
Arguably closing this attack vector is much more important to Bitcoin than even privacy-preserving payments.

>> No.51367131

>>51367094
i don't think there's anything monero could do at this point, not even a complete rewrite of their technology that could make eat bitcoin. it's time has come and gone, and the world has changed. base layer privacy was a nice sound-bite but hasn't panned out.

>> No.51367198 [DELETED] 

>>51367131
> the world has changed
Considering the proof that donations to the Canadian trucker protest and Ukraine are best kept private, as well as the recent crackdown on Tornado Cash, hasn't it then specifically changed in ways that prove the merits of privacy?

>> No.51367224
File: 75 KB, 680x680, cbdc-tunnel-vision.jpg [View same] [iqdb] [saucenao] [google]
51367224

>>51367131
> the world has changed
Considering the proof that donations to the Canadian trucker protest and Ukraine are best kept private, as well as the recent crackdown on Tornado Cash, hasn't it then specifically changed in ways that prove the merits of privacy?

>> No.51367241

>>51366784
>privacy as a product is out of date
This is arguable. If there is any chance for crypto to go mainstream, privacy must be a fundamental element in it. I am sure businesses will never be cool with paying their workers or making confidential deals, yet all the financial details and history publicly visible on the blockchain ledger.

>> No.51367336

>>51367241
> privacy must be a fundamental element in it.
Agreed, but just like encrypted conversations restore the natural right of free speech and more importantly, the right to decide for yourself what speech you "listen" to, so too will privacy-preserving transactions restore the right to own and exchange (trade) property. As such it will be fought tooth and nail, be sure of that.

>> No.51367386

>>51367336
Good points. This is one of the reasons I'm super bullish on privacy focused projects. There are countless legitimate reasons to maintain private accounts and privacy as a right will become prominent overtime

>> No.51367402
File: 169 KB, 450x289, 25374659e75.png [View same] [iqdb] [saucenao] [google]
51367402

>>51366753
>Railgun
>Brilliant on-chain privacy system

>> No.51367416

>>51366812
That is a very weak argument.

>>51366908
So, are you saying identity is deeply embedded in data storage?

>> No.51367507 [DELETED] 

I think I m safe then. ATM, I'm all in with TEL based on its undeniable utilities. At the same time, _SYS_ appears to be one of my largest crypto bags and its technology is also undeniable because it's a good long-term investment to Hodl. These two have a lot to offer, and I'm sure the best is yet to come.

>> No.51367534

>>51366908
>>51367416
I was saying that identity isn't usually considered an external component of centralized applications and services (whereas data storage is), but come to think of it this may be an outdated viewpoint now that we have protocols like Oauth 2.0 and OpenID, services like Amazon IAM and Auth0, as well as identity providers like Apple, Google, Facebook, Microsoft etc.
But I'd still argue that this is where the centralized world will attempt to find it's niche within the decentralized one, and they'll bring their disgusting KYC/AML along, if we let them: https://www.youtube.com/watch?v=ZTrETLzdDTM

>> No.51367670 [DELETED] 

>>51367507
Good move!
My gaze is currently fixed on _SYS_, which I value for its ability to pump soon. The community is growing stronger by the hour as it generates more income for me and prepares for its next run. Sy.scoin is still one of my favourite long-term projects.

>> No.51367761

>>51367386
> I'm super bullish on privacy focused projects.
Once you start looking there's an absolute abundance of them too, granted not all of them have a token (yet), but still here are a few just off the top of my head:
- Arbitrum: https://www.usenix.org/conference/usenixsecurity18/presentation/kalodner
- Aztec: https://aztec.network/
- Bitcoin: https://www.rgbfaq.com/faq/what-is-rgb
- Bitcoin Cash: https://cashfusion.org/
- Chainlink: https://blog.chain.link/breaking-down-mixicles-and-its-potential-to-unlock-enterprise-demand-for-defi-applications-on-public-blockchains/
- Monero: https://www.getmonero.org/
- Polygon Hermez: https://blog.hermez.io/hermez-network-roadmap-update/#phase-5-privacy-and-composability
- Polygon Nightfall: https://polygon.technology/solutions/polygon-nightfall/
- Railgun: https://railgun.ch/
- Secret Network: https://scrt.network/
- Submarine Commitments:
https://libsubmarine.org/
- Tari: https://www.tari.com/
- zkSync: https://zksync.io/faq/privacy.html

> There are countless legitimate reasons to maintain private accounts and privacy as a right will become prominent overtime
I sure hope so.

>> No.51367779

>>51354974
There will be a massive hack that will rug the whole network, not just ETH, but everything running on it will collapse.

>> No.51367781

Reminder that merge wont affect tx speed or gas, basically eth will be the same slow and expensive shit as it is right now, shorting the fuck out of this dead ass