/biz/ - Business & Finance

[Anonymous No.51462540]

Nice INFLATIONARY asset, ETHkeks

[Anonymous No.51462563]

wait a second...

[Anonymous No.51462562]

Uhhh.... mETHead sisters...

[Anonymous No.51462574]

So how is this possible lol

[Anonymous No.51462592]

>>51462574
Too many people insulated their coins, so we're not getting the level of burn expected.

[Anonymous No.51462601]

>>51462574
>lock your coins or get diluted
>people stops transacting
>no burns
>how is this possible?
you tell anon

[Anonymous No.51462608]

a deflationary system will inevitably fail

[Anonymous No.51462609]

mETH ADDICTS LITERALLY CANT STOP LOSING WAY TO GO PROOF OF STAKE MORE LIKE PROOF OF SHIT HAHAHAHAHAH

[Anonymous No.51462616]

Ponzu-sisters, did we get too cocky?

[Anonymous No.51462620]

>>51462540
truly the future of finance. lmao

[Anonymous No.51462631]

Holy fuck it’s actually STILL going up lel.

[Anonymous No.51462633]

>>51462540
I would say that counts as zero
Anyway its deflationary since all rewards are locked for months kek

[Anonymous No.51462649]

ETH will overtake bitcoin soon

[Anonymous No.51462687]

>>51462616
just an inverse chart of gas fees
burn will really take off when its not the middle of the night in a bear market

[Anonymous No.51462710]

Worst kind of HODL mentality.

[Anonymous No.51462719]

How the fuck is this possible

[Anonymous No.51462758]

>>51462719
Basically the abomination called staking. Huge wallets preferred to hodl or stake their wallet. A little to no fees are getting burnt due to few transactions.

[Anonymous No.51462764]

>>51462540
Ethereum has always been inflationary and it has an unlimited supply.

[Anonymous No.51462927]

kekekekekekek I love it Im gonna slurp eth cheapies for sub $40

[Anonymous No.51463022]

>mfw EIP1559 had more of an effect in ETH's inflation than the actual merge

[Anonymous No.51463058]

>>51462574
If block rewards outpaced fees being burned then supply goes up

[Anonymous No.51463175]

lol

[Anonymous No.51463176]

>>51462719
>implement leeching system for big centralized stakers
>people stops using the chain and start staking to avoid supply dilution
>how is this possible?
color me in shock
>>51462764
the ultimate red pill
not only it has unknown future supply and unknown future centralized monetary policies
it effectively has also unlimited supply

[Anonymous No.51463202]

Haters thought the merge would fail but now we're mooning

[Anonymous No.51463464]

>>51462574
>>51462719
>>51463175
>>51463202
Complete retards
Gas fees need to be at least 18 to be deflationary
So its normal to be slightly inflationary these days
But 100 Ethereum is literally nothing
Also for the next months we are deep deflationary considering the lock

[Anonymous No.51463508]

Where were you cunts all the other years that eth was an infinite supply shitcoin?

[Anonymous No.51463828]

>>51462758
Isnt that bullish?

[Anonymous No.51463836]

>>51462608
Smoothbrain

[Anonymous No.51463864]

>>51462601
>>lock your coins or get diluted
Wait what? What does this mean, I am not up to date with this

[Anonymous No.51463897]

>>51463828
it's inflationary

[Anonymous No.51463905]

link please

[Anonymous No.51463911]

>>51463508
What was the point of the merge then?

[Anonymous No.51463920]

Who would want to stake eth with how shit they treat stakers

Rather stake internet computer, atleast there’s a timer ;)

[Anonymous No.51463923]

>>51463864
people with their coins locked up or being a validator has a steady income of tokens therefore it adds an x amount to the circulation while yours is stucked fixed amount. either you want to dump it or join the lockbros.

[Anonymous No.51464014]

>>51463464
OH NONONONONO PFFFFT HAHAHAHAHA

[Anonymous No.51464054]

POST THE FUCKING LINK

[Anonymous No.51464066]

>>51463905
>>51464054
Never mind found it from anons screencap

https://ultrasound.money/

[Anonymous No.51464126]

>>51463464
who's going to stimulate the spending when the majority are stakeholders and validators?

[Anonymous No.51464220]

>>51462540
>200 eth created per day from 15k before merge
>its only 27 halvings instead of triple halving

It's over we will only reach 30k per eth

[Anonymous No.51464250]

>>51464220
Vitalik has done exactly what the global community wants and now they'll mock him for it, much in the same way that chad thinks less of a girl after he jizzes all over her face. Because they both wrapped someone entirely to their will and now they will humiliate him along with anyone still coping and holding ETH

[Anonymous No.51464311]

>>51462719
>>51462540
>>51462563
>>51462758
>pos won't fix gas fees
>pos won't fix block times
>pos won't fix 51% attacks
>pos won't fix withdrawals
You are here
>pos won't fix inflation

[Anonymous No.51464312]

>use crypto
>get punished for using crypto
>punishment benefits people who don't use the crypto
kek, ethonomics

[Anonymous No.51464406]

>>51464311
lol

[Anonymous No.51464430]

>>51462540
people who hold majority of supply arent buying vitalkik boner inu, who wouldve thought

[Anonymous No.51464434]

People forget why eth was popular in the first place. Because it could be mined with gpus as an alternative to BTC.

ETH is already down 10% since merge, it will crash to nothing. Get out now.

[Anonymous No.51464444]

>>51464406
210 now

[Anonymous No.51464456]

>>51464312
>eth is deflationary cause (((we))) will rob the plebs by diluting their supply and burn the coins they are using
>eth slashing is based on social consensus
much wow
contracts mETHards

[Anonymous No.51464458]

people saying +200 eth a day is bearish when yesterday it was +10k eth a day, thats a 98% reduction

absolute brainlets

[Anonymous No.51464467]

>>51464458
it was 15k, vitalik betrayed us all he promised us triple halvening and he gave us 27 halvenings.

[Anonymous No.51464492]

>>51463464
>But 100 Ethereum is literally nothing
Meth heads were spamming -100 eth yesterday. cope lmao

[Anonymous No.51464499]

>>51464492
Of course they're willing to wait for 200 years before the circulation goes down to 40m.

[Anonymous No.51464503]

>>51462540
Nobody is using the chain, you just had to look at the gas prices during the last few months. The "supply shock" narrative was one of the worst things that was hyped up about the Merge.

[Anonymous No.51464518]

>>51464499
haha holyshit

[Anonymous No.51464530]

>muh "EXTREME" halvenings
>bow to your staking and validator overlords who produce your mETH

[Anonymous No.51464555]

>>51464503
This is so bearish only 0.0002% yearly inflation with nobody using the chain, imagine how bearish this will be once fed rates peak in january.

[Anonymous No.51464575]

look at these pathetic minerfags scurrying to other coins like cockroaches and mining at a huge loss kek
at least 53% of them had the right idea and suicided

[Anonymous No.51464601]

With staking reward, isn't basically impossible to be deflationary? It's a keynesian multiplier isn't it? And parabolic even

[Anonymous No.51464607]

>>51464575

[Anonymous No.51464609]

>>51464601
let them realize it, staking fomo will accelerate that shit.

[Anonymous No.51464685]

>584k eth/year issuance
>96 million dollar selling pressure per month

[Anonymous No.51464701]

Vs the 900 bitcoin that get mined every day.

Obtuse.

[Anonymous No.51464723]

>>51464701
1 BTC = 1 BTC

[Anonymous No.51464738]

>>51464685
selling pressure pre merge the last years was between 22 millions to 40 millions per day.

btc selling pressure is even higher, hell doge even reached 8m usd per day, xmr is the coin with the less selling pressure.

[Anonymous No.51464751]

>>51464701
thats only 19m dollars

[Anonymous No.51464758]

>>51464555
>fed rates peak in january.
lol arthur made you buy his bags at 2k

[Anonymous No.51464766]

>>51464701
Fixed supply vs. infinite supply lol lmao

[Anonymous No.51464786]

>>51464758
https://www.chathamfinancial.com/technology/us-forward-curves

[Anonymous No.51464801]

>>51464312
>incentives are set in a way for ETH to become a dead chain
Who thought this was a good idea again?

[Anonymous No.51465033]

>>51462687
>this much cope
K E K
E
K

[Anonymous No.51465050]

>>51464786
cope lol.

[Anonymous No.51465124]

It's not stopping

[Anonymous No.51465145]

>>51463911
To stop mining to save the planet.

[Anonymous No.51465236]

>>51465124
it's over etherealsisters we went from 15k eth created per day to 258 eth created in 32 hours.

[Anonymous No.51467935]

>>51463022
yep

[Anonymous No.51468006]

>>51462540
I'm a fucking retard, what is the link for the charts?

[Anonymous No.51468093]

remember: ethereum is still an infinite supply altcoin

all the ethmaxis crying about bitcoins issuance being unsustainable are missing the point that ethereum has the exact same problem, only they don't have the scarce asset to back it up.

it's either infinite inflation, or staking is so low-value only centralized entities bother with it, ultimately making ethereum last even less than bitcoin would without changing its parameters.

[Anonymous No.51468165]

>>51468093
bitcoin is going to be out of top 10 by 2030
there's nobody left to scam into buying btc
>inflation hedge
>can't even keep its ath from 2017

good luck finding billions to pay for mining. you won't be able to.

[Anonymous No.51468241]

>>51468093
>ethereum is still an infinite supply altcoin
Honestly surprised I haven't been hearing that FUD during this whole PoS thing. That used to be the top FUD to post back in 2017 when ETH was first popping off

[Anonymous No.51468250]

>>51468006
babyimaging.whatethwishitwas

[Anonymous No.51468276]

you guys know that without the merge there would be 18k newly minted eth rn? you do know that you can switch a button on ultrasound.money to see that? right? RIGHT?

[Anonymous No.51468326]

>>51468165
>late adopter cope
everyone that found out too late to capitalize from bitcoin, and even ethereum, wishes bitcoin would disappear because they think all that money would flow elsewhere.
but it won't, because only bitcoin is unique, altcoins are just tech.
if bitcoin "dies", it will be because the value of crypto as money dies, and late adopters like you would be left still dreaming of wealth no matter what place bitcoin is in the "top 10".

>>51468241
nothing has fundamentally changed. ethereum just pivoted to ponzinomics first with 1559, then with the scaling factor around staking. ultimately ethereum is in the same position they were before. you either keep inflation low and centralize, or you incentivize staking at the expense of holders which now seem to be firmly in control of the financials.

not that i'm complaining, ethereum is the best money making alt out there, but the days of eth being *the* way to make that money on ethereum is definitely coming to an end.

[Anonymous No.51468340]

>>51468326
yeah but i am more than happy with a 10x from here, i don't need that super risky 100x. thanks!

[Anonymous No.51468341]

>>51468276
why are you seething

[Anonymous No.51468361]

>>51468341
just think that this "oh no 400 more ethereum" fud is bullshit when without the merge there would be 18k more ethereum lol

[Anonymous No.51468362]

>>51468340
yeah, a 10x is on the cards for the entire market i'd bet on that.
i am betting on that.

[Anonymous No.51468368]

>>51468326
I made money from bitcoin but realize it's the most damaging ponzi scam ever created in history.
Nothing else did so much damage to the world this century. Trillions of dollars lost. Instead of doing something productive millions of people waste their time on crypto. Hundreds of billions lost directly on mining and speculation.

Satoshi is unironically a criminal

[Anonymous No.51468391]

>>51468368
>damaging ponzi scam ever created in history
then you don't understand it.
if you believe that then i'd hate to hear what you think of ethereum.

[Anonymous No.51468427]

>>51463911
He fell for the climate change meme

[Anonymous No.51468490]

You guys do realize that once the market gets even the slightest hint that the fed is no longer raising rates there will be a massive bull run affecting all assets including eth. At that point gas usage will spike due to nft and token activity meaning that eth supply will decrease rapidly from burning while a bull market in eth itself is underway. Even in the current bear market with low gas fees eth supply is barely increasing compared to how it grew when mining was possible. I think we have about six to nine months left before the bear market ends since recovery always starts well before the fed stops raising rates. When that happens eth will take off like a moon rocket.

[Anonymous No.51468572]

>>51468391
If you don't see it you don't understand how bitcoin works.
It's not backed by anything, doesn't produce anything, doesn't make anything better. To make money on btc you need to make someone else poorer at least by that amount.

Ironically because of bitcoin I never had to work. This is the realization. I didn't make anything good, just managed to extract wealth from others. On the other side is someone similar - but he lost, and in addition to never making anything he's also now poor.

A world in which bitcoin wins is a sad world in which early adopters become super rich at the expense of everyone else. The world becomes much poorer as a whole. Billions lost to mining each year.

>if you believe that then i'd hate to hear what you think of ethereum.

The goal of ethereum is to digitize the economy to drastically increase efficiency. A rich person can buy real estate in Japan, America for a diversified portfolio. A poor can't, especially from non-western countries. If everything was tokenized it would become possible to buy any amounts.
Rather than trust local law system everyone would have equal access to the global law system - in the sense that if you own American stocks your government can't confiscate it, as long as you're not American.

Last but not least it removes banks. People can lend to themselves directly for everything, mortgages included. This means lower rates.
By moving contracts into the realm of code cost of business is slashed compared to the current practice of hiring lawyers and manual signing. Just think how hard it would be legally to create defi.

A world in which ethereum wins is one in which everyone is freer and wealthier.

[Anonymous No.51468614]

>>51464126

this, hoarding is encouraged in aristocracy

[Anonymous No.51468637]

>>51468572
nah. there's no world where bitcoin is evil and eth isn't worse.
ethereum brings value, but eth is everything "evil" about bitcoin and much, much more.

good thing there's no future for eth without bitcoin though, otherwise we're back to a fully controlled fiat economy.

[Anonymous No.51468661]

>>51468572
oh, and sorry to burst your bubble but that 60 million presold eth was near exclusively sold to people like me, early bitcoin maximalists.

we've already won, no matter what wins.

[Anonymous No.51468874]

>>51464311
>pos won't fix gas fees
>pos won't fix block times
This was never even a question, so inserting it now is just a strawman

>pos won't fix 51% attacks
It costs significantly more money to 51% attack a PoS Ethereum compared to PoW Ethereum

>pos won't fix withdrawals
What does this even mean

>pos won't fix inflation
Yet another strawman

PoS is more secure and requires significantly less energy compared to PoW. That's it. That's the intent. Any other claim is a strawman.

[Anonymous No.51468923]

>>51468361
relax fren. it's all just numbers on a screen

[Anonymous No.51469002]

>>51468276
I'm convinced that 99% of this thread is either trolling or retarded

And apparently nobody knows that the burn rate is dynamic based on gas fees/network utilization

Fact is even right now in a bear market, ETH inflation is 20x lower than before the merge

[Anonymous No.51469216]

>>51469002
apparently mETHards built deflationary models based on monkey jpeg hyped mints and unlimited erc20 scams traded on uniswap
turns out the entire "ecosystem" is completely useless
and...
the incentive model they built is literally to stop using the chain and stake coins (or you get diluted)

[Anonymous No.51469593]

>>51468276
at this point im certain that nearly 100% of eth-fudders on biz are either paid to do so or legitimately just 80iq, neither are worth responding to

[Anonymous No.51469732]

>>51469002
>everyone here is retarded, that's why I'm right, despite ETH being down 16% since the merge.
>but the larger market is tanking!
Cope

[Anonymous No.51470161]

>>51469732
Anon I don't care, I'm an IBC maxi and ATOM is pumping.

Just pointing out objective facts. I said nothing of price. Price has very little to do with it.

[Anonymous No.51470187]

we used to print 13000 ETH per day before the merge num nuts

[Anonymous No.51470268]

>>51470187
Yes, with mining. Now it just prints it for FREE. Enjoy bagholding.

[Anonymous No.51470333]

>>51469216
The ethereum devs didn't build a deflationary model. Retarded ETH influencers are the ones pushing this "ultra sound deflationary money" narrative.

Ethereum devs made a series of updates that improves tokenomics. Most importantly, you no longer have substantial daily sell pressure from miners dumping to pay bills. There was never a guarantee on deflation. Deflation can occur IFF the network sees significant usage.

I'll just repeat myself again:
>Fact is even right now in a bear market, ETH inflation is 20x lower than before the merge

[Anonymous No.51470401]

>>51470268
Hello retard

Which option do you prefer?
>over 4% inflation with miners dumping most of it to pay electric bills
or
>less than 0.2% inflation with no obligation to sell because barely any electricity is required

[Anonymous No.51470507]

>>51470401
>midwiit take

It's okay brainlet.

[Anonymous No.51470517]

LINKies win again with their superior tokenomics. It's over for metheads.

[Anonymous No.51470588]

>>51470268
with the requirment to lock and stake millions and millions of ETH. no need to dump.
not 13000 per day
but about 200 per day.

how retarded you have to be to think option A is a better hodl

[Anonymous No.51471006]

>>51470588
Neither is a good option since the ones getting the majority are partners with the WEF.

It will soon come under their full control, I give it 2 years max

[Anonymous No.51471013]

>>51468362
oh you're in tcap ey?

[Anonymous No.51471023]

Unironically swapped everything for BTC. It's over.

[Anonymous No.51472049]

When will /biz/ admit that FTM is the superior chain to ETH?
FTM is exactly what you want ETH to be. ETH can't be FTM because of incompetence in the mETH head foundation.

[Anonymous No.51472119]

>>51472049
fuck off andre

[Anonymous No.51472182]

>>51472049
i would be more inclined to buy if you embraced the ftm meme and your mascots were all clearly trannies

[Anonymous No.51473444]

>>51471013
no, my exposure alone in btc/eth has kept my nw on pace with the total marketcap, ignoring other investments. that's good enough for me. don't want any risk from questionable derivative plays.

[Anonymous No.51473518]

>>51463464
>Gas fees need to be at least 18 to be deflationary
You need to be at least 18 to post here.

[Anonymous No.51473524]

jfc some of you retards can't even read a simple graph, it becomes deflationary when it goes over the 15 gwei threshold

[Anonymous No.51473776]

>>51473444
yes.

[Anonymous No.51473901]

>>51464434
Also because it was a literal shitcoin factory.

[Anonymous No.51476460]

>>51464311
>>pos won't fix 51% attacks
You're right, now it's 33% attacks and two big exchanges alone can crash ethereum forever now if governments go after them due to processing sanctioned transactions, which they have done.