/biz/ - Business & Finance

https://cointelegraph.com/news/gas-fee-proposal-could-create-positive-feedback-loop-for-eth-price-grayscale

In 1876 economists and mathematicians theorised the existence of a economic-ecosystem that had reached a form of transcendence - creating an endless positive feedback loop. They proposed that such a system entering this state would begin what they called the Golden Bull Run. Various mathematical models were created to show what this Golden Bull Run would look like.

Through my PhD research I believe Ethereum may be entering the early stages of a Golden Bull Run. In this stage early investors could potentially earn an endless supply of wealth - as the system generates tangible wealth rather than just moving it around.

Economists believed that the slow nature of the stock market meant that harmful players could sabotage the emergence of the Golden Bull Run before it could get started. However it looks like the extremely fast paced nature of cryptocurrency means it is not susceptible to these types of attacks.

If I am right we could see something never before experienced in the history of the universe. Hold on while you can - takeoff is imminent.

"Grayscale Ethereum Trust had over $4 billion in assets by January 29. This week's $76 million purchase came before the reopening of the trust, implying that investor interest in Ethereum was growing at an exceptional rate."
https://www.fxstreet.com/cryptocurrencies/news/grayscale-buys-76-million-worth-of-ethereum-in-anticipation-of-cmes-ether-futures-launch-202102051213
What does this mean for ETH?

What's the deal with this?
Is it ever gonna get to 10K like bitcoin?

>doesn't scale

Because BTC got there first and it's the only crypto normies know about

If you actually wanna make it, buy ETH. You'd be retarded not to at these prices. Wether you want dollars or sats, this is your best bet. Trading at 0.02 BTC will guarantee you at least 2x sats. 0.1 was it's all time high. With eth 2.0 and staking coming, right now is your last chance, especially if you missed BTC.
That is all.

Is there a deadline to aquire 32 ETH? I keep seeing people talk about it. Is it because of potential price increase or is there a deadline when PoS comes?