AVAX faggots Btfo’d again

[Anonymous No.53178148]

Let’s get a capitulation thread going, no Bernie sanders style coping where you baggies attempt to say this is a ‘good thing’ it’s not you’re all faggots. Kys

[Anonymous No.53178219]

>>53178148
who the fuck holds last gen ETH killers into the next cycle

[Anonymous No.53178239]

Absolute nothingburger, it was only like 1% of that particular fund, they still hold AVAX in the smart contract fund (11%)

[Anonymous No.53178247]

>>53178148
Grayscale is going to go belly up imo.
Seems like only Cathy wood is buying GBTC

[Anonymous No.53178254]

>>53178219
Ethereum kill itself, Avalanche is superior in every way.

Lets compare ETH staking to Avalanche staking:

>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Also the withdrawal system will be implemented as a queue to limit the amount of ETH that can be withdrawn per day,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.

[Anonymous No.53178256]

>>53178219
That's just
What's the next gen eth killer for this next cycle?

[Anonymous No.53178280]

>>53178254
not reading you copy paste pajeet routine. Go shill your Avax, Lisk and Wanchain bags somewhere else

>>53178256
Given that 2023 is the 2019 of this cycle look out for shitcoins released this year or early next year

[Anonymous No.53178288]

>>53178256
Ethereum is already dead.
Avalanche will replace it, that was always the Plan.
you havent figured it out because you are completely clueless and a Laggard.
>>53178280
you cant refute anything, why arent you staking your ETH? exactly. its shitty.

[Anonymous No.53178319]

I tried to use avax once and it was like $20 for gas lmao. Absolutely shitty roach chain.

[Anonymous No.53178325]

>>53178319
I wonder who's behind this poosmell post

[Anonymous No.53178355]

>>53178254
also no ETH cuck has ever refuted any of that post. NEVER, not once.
they usually just run away, ignore it or give some unrelated butthurt reply.

[Anonymous No.53178991]

>>53178280
No one is falling for TPS memes anymore. New L1s will have to introduce something really novel. Not happening.

[Anonymous No.53179986]

>>53178254
Avax is a scam. The APY is 12%, but the supply inflation rate is currently 24%. This means that if you purchase 1% of the supply and stake it for one year then you're left with owning 0.88% of the supply you lose -12% ownership each year. Only the developers and 16 VC are allowed to own more and more of the supply each year. Thats where the extra 12% APY goes to. At least with ETH, my stack actually grows when I stake. If i own 1% of the supply and stake it then the next year i will own 1.04% then 1.08%. This is how whales measure wealth growth, not using meme dollars but by how much more % of the supply we own. ETH killers can fork ETH they can copy the dapps and code by they cannot copy its sound tokenomics, it has even surpassed bitcoin and shattered the digital gold narrative. The flippening will commence soon. Also kleros is the missing link that will make complex dapps such as EBAY or Uber possible to run entirely on the blockchain as smart contracts, its the first subjective data oracle with plans to be crosschains. 12 million market cap BTW ur early. sir pls help our vilage.

[Anonymous No.53180356]

>>53179986
You’re correct in everything you said, the only problem is that eth is a huge pile of shit. At least eth was original tech though, unlike avax which is just a copy paste of eth but a little faster.

[Anonymous No.53180633]

>>53179986
How does the Ethereum Foundation pay its employees, do they work for free. They dump ETH right.

[Anonymous No.53180767]

>>53178148
Lol muh dying fund.
It literally doesn't matter. Avax is inevitable because it is superior. There has never been anything like it before in crypto.

[Anonymous No.53180769]

>>53179986
Yeah but supply will decrease over time and the entire currency will become generally deflationary, meaning emission rewards will be lower than the tokens burned every year, forever. If you're not staking now you are NGMI.

[Anonymous No.53180776]

>>53178254
Avax people keep talking about all these chains with letters like C chain X chain etc?
They keep mentioning N chain or something over and over again, but I'm not familiar with it.

[Anonymous No.53182799]

it is sad that people still think avalanche as "eth killer" despite the fact that avax ceo told the contrary times and times... avax is not eth killer, avax is not anything killer. avax is a high quality, fast and low fee l1. you will see best games on avalanche at next bull run ok, not on ethereum.

[Anonymous No.53182828]

>>53182799
Not just that; it could be beneficial for Eth long term if Eth wants to solve its MEV problem or to take advantage of a better consensus mechanism. Its eth maxis who give this "muh eth killer" meme credence. No one associated with Avax thinks of themselves as "eth killers". If that happens, it will happen naturally as the market corrects itself towards efficiency.

[Anonymous No.53183957]

>>53182799
But you can’t build games on avax, only move tokens around. Avax can’t even host its own nfts lmao. Sure you can host your game on aws and move tokens around on your shitchain and just say it’s “built on avax” but everyone knows it’s just a retarded cope. Also if it gets any use at all the gas will fly through the roof like the last time you roach faggots tried to do that.

[Anonymous No.53184145]

>>53183957
absolute peak midwittery

[Anonymous No.53184987]

>>53178148
Thanks for the buy signal, just bought another $5k worth of Avax.

[Anonymous No.53185057]

>>53182828
Really long term it's an ETH absorber IMO
>>53184145
midwit laggards like this are about to fuck around and find out over the next couple years

[Anonymous No.53185495]

>>53178991
How does a permissionless, concern-isolated chain running an arbitrary VM, arbitrary DB, arbitrary gas token/model with arbitrary node hardware requirements that can have effectively unlimited number of nodes validating it. This chain can also seamlessly interact with any other chain on any other subnet on avalanche with no additional trust assumptions or with ETH/BTC via secure decentralized bridges.

[Anonymous No.53185774]

>>53185495
Just so we’re clear, I think there will be no new L1s because they can’t one up Avalanche. Want to introduce a new L1? Bullshit, it’s just an improved VM, make it a subnet. It’s have a new consensus? Bullshit, use Avalanche it’s better.

[Anonymous No.53186369]

>>53185495
>>53185774
Based

[Anonymous No.53186562]

>>53185495
avax is POS (proof of shit) its a scam fundamentailly. no one with brains will hold it. proof of sttake is fundamentally a permissioned network. if you do not understand , go research. if you still not understand. research more. if you still don't understand after a few months of research why proof of stake is fundamentally a permissioned network. you are a brainlet and you are NGMI

[Anonymous No.53186598]

>>53186562
it's time for your meds grandpa

[Anonymous No.53186603]

>>53186562
>nobody can stop you buying 2k avax
>nobody can stop you validating the network
where is the permission anon?

[Anonymous No.53186817]

https://twitter.com/avalancheavax/status/1611845258647670789

Friendly reminder that Emin is the most based CEO in crypto.

[Anonymous No.53186987]

>>53186817
also Friendly Reminder that John Wu is the most based President in Crypto.

Everyone talks about Emin the CEO but nobody talks about the PRESIDENT of Ava Labs.
Enter John Wu

>hardboiled Cornell Mafia and Harvard Business School Master of Business Administration confirmed IQ of 196
>ran Tiger Capital in the 90s dot-com bubble making tons of money on Macro, currencies/FX, and derivatives
>managed Kingdon Capital ($5 billion AUM) and was a Top P&L contributor across Technology, Media, Telecom, and FinTech
>Led venture round for BillMeLater which was later acquired by ebay for over $1B
>runs Sureview Capital, a Blackstone! sponsored technology investment firm
>built the Digital Assets business enabling compliant token trading of private shares and funds
>Executed the first-ever trade of digital securities
>is known for his impeccable appearance and performance everywhere on Wallstreet
>absolute beast at networking knows everyone whos important in the tradfi biz
>got huge customers for Ava Labs like Deloitte, Mastercard, KKR etc. hundreds of them he pitches them daily
>believes in taking care of himself, a balanced diet and a rigorous exercise routine

why are you not investing in this Man?
here just watch this gigachad
https://www.youtube.com/watch?v=-t4gBE1tyDQ

this guy is how AVAX gets to $6k