/biz/ - Business & Finance

Wanna buy some effirium

>>24035768
September 2020
> BTC $11,900
> ETH $477
> https://coinmarketcap.com/historical/20200901/

>>15162900

How is this FUD?


> Unknown inflation model. Has been changed, can be changed at any time

> POS has tanked the price of every coin

> Risky Tech upgrade

> Hyprid POS/POW model will be contentious involving higher inflation to satisfy both parties

> No more scam ICOs to support price, enter scam DeFi meme with 20% interest rates and risk of liquidation when ETH tanks again

> Risk of ICO scam dumps and 72 Million premined ETH dumps

> Price has been tanking for over 2 years now. $390 in June when BTC was $2,400 at .15 BTC ratio


This is how much you can trust ETH monetary policy. Vitalik also claimed it would take a century for ETH supply to hit 100 Million:

> approx ETH supply 95,912,556 time 2018-11-03

> approx ETH supply 98,562,556 time 2025-10-02

> approx ETH supply 101,212,556 time 2128-03-20

https://www.reddit.com/r/ethereum/comments/5izcf5/lets_talk_about_the_projected_coin_supply_over/dbc66rd/

There has been a 30% increase in supply in 3 fucking years!

>>14917345

Current BTC inflation rate = 3.68% per year

Current ETH inflation rate = 4.61% per year

BTC is will have 1.80% after next halvening. Nothing with ETH is guaranteed. ETH has changes in difficulty bomb adjustments, Constantinople fork which delayed the difficulty bomb to block times that have increased or decreased. Again, nothing is guaranteed. In fall of 2017 only 15,000 was being produced per day. Then it shot back up to 20,000. This shit is not written in code and is a monetary policy that Vitalik and crew wing as it as they go -- just like the Federal reserve and central banks.