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/biz/ - Business & Finance


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56566988 No.56566988 [Reply] [Original]

>ETH breaks away from BTC and hits 1800 and 1900 in the same week
>for the past month been seeing /biz/ say that ETH is going to double digits
>he fell for the "btc is digital gold" meme instead of understanding the tech of ETH and how all L2/L3s will use and burn ether is the future blockchain technology that will change the world
I am laughing at you dumb niggers

>> No.56567049

>>56566988
ETHBTC is up only 4%, it's not time to get cocky yet. And you should probably discard the opinion of anyone who is very obviously either a Bitcoin maxi or an alt-L1 baggie, which is 90% of posts that mention Ethereum.

>> No.56567062
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56567062

>>56567049
volume is a better indicator - shut the fuck up stocks nerd
>pic related

>> No.56567272

Give it to me straight lad, will mETH go to 10k before 2029?

>> No.56567338
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56567338

>>56567062
>Volume (24h)
+78.76%

Smart Whale also dumped 16m into ETH as well and his wallet has never been wrong in the past bullruns for pumps

>> No.56567358

>>56567272
No one knows but you need to be staking yesterday if you want to make decent returns in the next few years.

Even with staking rewards ETH is still burning more than it's minting (deflationary) at the moment, and when L2/L3s are in full swing and general trading is at a high it will be even more deflationary.

>> No.56567430
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56567430

>>56566988
What is this regard thread. You’re spamming this garbage. ETH is shit. Deal with it.

>> No.56567474
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56567474

>>56567430
Same thing with BTC is that the market rotated in cycles. Very few people still have the initial ETH, just like very few people have BTC from when it was $20 for 10,000. Those who did sold it for a house and a lambo and then the people that bought their exit bags did the same in the next cycle.

You're a fucking idiot. The supply cap doesn't matter because so long as there is even half as much volume as we have right now, it is deflationary and burning.

>> No.56567512

>>56567474
>idiot. Supply cap doesn’t matter.
The fickle cap? K, keep me posted?

>> No.56567540

>>56567512
hes right, just look at whats going on with fiat

>> No.56567550

>>56567512
>doesn't understand market cap doesn't impact total supply
>fell for 2008 tech because Jews on /biz/ told him it was digital gold and worth 30k
>no innovation, no smart contracts, no dapps and no normies providing inherent value to the network by buying shitcoins or using l2/l3's
ETH is locked pretty closely to BTC because of institutional investors. What are you going to do when retail investors enter the market and are using ETH to use any of the products under its umbrella? What will happen to the price then?

>> No.56567560

>>56567550
Gongo?

>> No.56567567

>>56567550
I’ll stick with BTC 100% allocation.
100%
Sorry

>> No.56567569

>>56567560
Up

>> No.56567730

>>56567567
i mean nothing wrong with being conservative
you'll get a 2x and ETH will get a 4-5x

no losers rly

>> No.56567744

>>56566988
checked it's our time now.

>> No.56567907

>>56566988
Your tech illiteracy makes you unable to understand what you're even saying

>> No.56567945
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56567945

>>56566988
shut up poor fag

>> No.56567982

>>56567907
>>56567945
>he fell for the digital gold halvening meme on a stale tech coin from 2008 and actually thought it would pump his bags and not the Jews who are dumping them

>> No.56568018
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56568018

>>56567744
*patient smug grin*