/biz/ - Business & Finance

[STAX !o/AVAX/oTU No.56003996]

Today, on the 1st of September 2023, AVAX bottomed vs Eth. Permanently.

You will now witness the steady and incredible ascent of Avalanche.

If you do not understand why Avalanche is so important, then search around for Avalanche consensus or just use it and compare it to your experience of using Ethereum. Also, look at their recent work with the HyperSDK.

100,000 transactions per second settled with instant finality, but on validators you can run at home.

People will continue to use Bitcoin, Ethereum and other platforms, but know this now: Avalanche will grow more than anything else.

[Anonymous No.56004014]

avalanche seems like the best of the relevant ones imo but eth still gets dapps faster

[Anonymous No.56004019]

The tech is great, the devs are the best, but no one fucking uses it bro. Why should AVAX go up in price when literally no one cares about it?

[Anonymous No.56004158]

Tech doesn't matter, Crypto community, whales and VCs prefer a broken ecosystem which they can p&d every 4 years than get things straight

Avalanche or whatever technical savvy project is an enemy for the big money in crypto because it'll force the market to mature and evolve, Which's contradictory to their philosophy of never taking crypto seriously

[Anonymous No.56004177]

>>56003996
Fuck this crab dumping piece of trash coin. Going down faster than you can say double spend.

[Anonymous No.56004207]

>>56003996
Where have all the paid shills gone? Did they lose their jobs after the latest unlock?

[Anonymous No.56004372]

>>56004207
ava labs insider here, Emin and the faggy asian guy just cleaned out all our money and eloped to south america. No one's had any contact with them since Tuesday

[Anonymous No.56004420]

>>56003996
>AVAX bottomed vs Eth. Permanently
kek baggie

[Anonymous No.56004506]

If I get digits right now I'll buy another 500 USD worth... otherwise I'll won't buy until there is a clear turn around.

[Anonymous No.56004788]

>>56004158
Holy based.

[Anonymous No.56004811]

>>56003996
Moar pl0x also link $7

[Anonymous No.56006468]

Why is the topic of this so secretive? I’m guess something with Amazon

[Anonymous No.56006537]

>>56004019
Because my normie coworker uses avax and prefers it over bnb, the only other network she's used is eth.

[Anonymous No.56006600]

>>56004014
Yeah because Ethereum is what most people know about and has the most liquidity. But the tides are turning. New people coming into the space are opting to build on Avalanche.

[Anonymous No.56006925]

>>56006468
Probably just another nothingburger

[Anonymous No.56008329]

HyperSDK is blowing every other project clean out of the water

Wonder if/when the market will wake up

[Anonymous No.56008446]

Icp will make avax obsolete

[Anonymous No.56009106]

>>56008446
in your dreams poomar.
years later and nobody used the poorfag computer for anything

[Anonymous No.56009251]

>>56006537
What is a "normie" using avax, bnb, and eth for? She sounds like a trader.

[Anonymous No.56009497]

>>56003996
Kek already wrong

[Anonymous No.56010139]

>>56003996
>Avax will never be cheaper than $35
>Avax will never be cheaper than $20
>Avax will never be cheaper than $10
(You) literally have said the exact same delusion permabull retard phrases for the past 2 years.
We are in a bear market for at least the next 6 months
kys yourself for leading poorfags and newbies astray to pump your VC kikecoin evaluated at $3.5B mcap in the fucking bear market cycle lows (lmfao)

[Anonymous No.56010144]

>>56003996
holy BOOBAS

[Anonymous No.56010191]

>>56004158
Unironical this, Avalanche is the best experience but it won't go anywhere if people stick to their old networks.

It got a great start but somewhere they lost momentum. Even the Avalanche housebrandslike Avalaunch and Trader Joe are moving to other chains.

I don't know man, 30% of my crypto is in Avalanche but if they won't deliver this year I'm out.

[Anonymous No.56010302]

>>56010191
>>56010191
The goal for most chains it’s to obfuscate the underlying tech. With Avax partnering with corporations and institutions, this will be the case. People will just the chain whether they like Avax or not. Fuck the 100k users that are currently on chain between the entire market. When this happens, expect a lot of hate from other chains and expect a lot of FUD as usual. Avax hasn’t been in any CT conversations, but all of a sudden there will be so much FUD.

[Anonymous No.56012297]

>>56010302
Corps all chose Ethereum and now there's base. Sorry avax sisters

[Anonymous No.56013727]

>>56003996
haha retards when i open up a thread mentioning new coins like eigenlayer you shit on me.

You're all retarded baggies, your coin is shit.

Those VC's when they get their coin unlocks are just gonna rotate to op and arbitrum

>100k transactions per second

THAT'S COPE, you're fucking pathetic. i dont' belive your disbelief HAHAAHA

Seriously, i'm done here. you guys are beyond help. enjoy holding your link and avax and kleros and rlc. LMAOAAOOAAOOA wtf is wrong with you people. retardNGAMHHs

[Anonymous No.56014614]

>>56012297
Thats wrong, tokenization of RWAs is happening mostly on Avalanche.

[Anonymous No.56014704]

>>56014614
Doesn't benefit AVAX holders at all though. Some institutions holding money on their own subnet does fuckall to my bags.

[Anonymous No.56014754]

>>56013727
>eigenlayer
different day, different shitcoin getting shilled in an avax thread.

[Anonymous No.56014772]

>>56013727
>eigenlayer

It's controlled by a multi-sig. Another Ethereum "scaling solution" which has no coin yet but raised $100M from VCs, so will obviously get one at some point.

[Anonymous No.56014779]

>>56014614
>tokenization of RWAs is happening mostly on Avalanche
care to share your source? because it's wrong. it happens on private DLTs that dont even have a token
>>56013727
>eigenlayer
complete shitcoin that adds tons of risk to the network

[Anonymous No.56014834]

>>56014779
>it happens on private DLTs
they are called "Subnets", to run a Subnet they have to stake AVAX.

[Anonymous No.56015687]

>>56008446
>Icp will make avax obsolete

[Anonymous No.56015704]

>>56014834
is canton a subnet dumbass? is polygon, which recently bagged sk telecom, a subnet? the majority of tokenization isn't happening on subnets

[Anonymous No.56015740]

>>56015704
>the majority of tokenization isn't happening on subnets
it absolutely is.

[Anonymous No.56015884]

>>56015740
source

[Anonymous No.56015973]

>>56008446
shut the fuck up street shitter

[Anonymous No.56016316]

>>56015884
https://blog.avalaunch.app/research-report-tokenization-on-avalanche/
https://medium.com/avalancheavax/financial-institutions-join-avalanche-evergreen-subnet-spruce-to-drive-on-chain-finance-99686b715a55

[Anonymous No.56016408]

>>56016316
They will just come Kip with some excuse. No point trying to feed idiots like that info

[Anonymous No.56016469]

Stop shitting up the board with your doublespending shitchain, cockroach fucking baggies
kys

[Anonymous No.56017246]

>>56016469
no

[Anonymous No.56017484]

>>56016469

[Anonymous No.56017577]

>>56016316
>>56016408
none of those links show that "the majority of tokenization happens on subnets" benchod. jfc there are chains you haven't heard of that have more rwa tvl than avax + all the subnets combined.

[Anonymous No.56017583]

>>56017577
>the majority of tokenization happens on subnets
thats whats happening tho, Avalanche is the only network that can scale.
not my problem you are completely uneducated about the subject.

[Anonymous No.56017697]

>>56017583
i asked you to show proof, which you can't because it's bs. tokenization is happening on private and public blockchains, a lot of which aren't subnets

[Anonymous No.56017745]

>>56017697
Is it so hard to believe that they’ve been in talks with institutions for years now? They move slow as fuck. Give it until the end of the year for shit to become live.

[Anonymous No.56017818]

>>56017697
already did, not my problem you cant read gud.
>a lot of which aren't subnets
happens mostly on Avalanche Subnets because as already mentioned its the only network that can scale so whatever is not on Avalanche wont make it longterm.

[Anonymous No.56017825]

>>56003996
I think bullrun is almost here, and am ready to see my kas, ocean and fun rise to the moon

[Anonymous No.56018116]

>>56017818
>already did
you just wrote about spruce and the tests on it by a few firms. yes, it's a test.
>happens mostly on Avalanche Subnets
wrong. it's happening on many other DLTs, mostly on the likes of r3 and hyperledger
https://www.forbes.com/sites/lawrencewintermeyer/2023/05/25/canton-network-launch-signals-the-tokenization-of-the-real-economy-has-arrived/

[Anonymous No.56018200]

>>56018116
>it's happening on many other DLTs, mostly on the likes of r3 and hyperledger
as already mentioned its the only network that can scale so whatever is not on Avalanche wont make it longterm.

[Anonymous No.56018481]

>>56017825
>bullrun is almost here
i wouldn't rule out a big bleed before that,
like six dollar avax, 19k or below BTC.

[Anonymous No.56018634]

It is one of many eth fork A to B blockchains in the end.

[Anonymous No.56018696]

>>56018634
It's not, Avalanche is VM agnostic. It actually already has a running Move subnet and a Rust one is also in the works.

[Anonymous No.56018708]

>>56003996
>giant tits

What did OP mean by this?