/biz/ - Business & Finance

>>10926135
no utility other than ponzis and scams

>>10926135
whats YOUR problem is the better question. Who the FUCK is holding it? buy BTC you retard

Won't see major adoption until sharding, which is 2021 at best.

Better choose another alternatives until then, like Zilliqa or Dfinity.

You guys know etheruem inflates in sats right. Usd price is doing fine

>>10926317

inflation is capped and does not represent a significant effect on the sat value

>>10926332
see the volumes, lol
it not even cover inflation

Eth block reward just got reduced by 33%, I'm 75% eth.

But instead you guys just buy scam coins like hot, link, 0xbtc etc

>>10926256
Until then EOS already killed ETH
So either ETH starts its upgrade or it's going to get fucked in the ass by EOS

If you HODLed for a year you are only down 7.99%

>>10926431
it's not reduced until the hard fork in October my bro
also the core devs are behaving like virgins when they are due to making decisions

>>10926437
I also think it's either going to be eos or eth, I'm 75% eth and 25% eos.

Eos is working really good right now with 4k tps, but eth is still the leader.

>>10926437
EOS isn't doing anything ambitious, once permissionless blockchains will be able to scale it's game over.

>>10926479
If eos manages to launch an app that the normies will use it's over for ethereum. It could just be a simple social media platform that can't be censored, or a sharing economy app like uber/airbnb that's 30% cheaper without the middleman.

>>10926437
Dont worry! The LOOM devs made a worse version of Hearth Stone, and called it a "battlegrounds" game. They will be taking Blizzard down directly any day now using blockchain as a gimmick.

Blizzard is so fucked guys!

>>10926479
>EOS isn't doing anything ambitious

Nah, nothing to see here folks. Its just basically the most ambitious project in the entire crypto space almost to a fault.

>>10926551
EOS is really underestimated on 4chan and reddit, it's doing 5k tps as a smart contract platform right now. And they have the biggest battle chest in all of crypto.

>>10926562
>EOS is really underestimated on 4chan and reddit

They know whats up. They are freaking the fuck out and ETH is dumping because of it. LOOM has potential but why bother with it? You can get something that is a fresh slate and work with that instead.

My biggest problem right now is that this shit is so bleeding edge its fucking impossible to find devs to get anything actually done. Its even fucking impossible to get simple questions answered. FUCK!!!

People are all scrambling to get footing right now because they know the first fucking decent dapp on EOS will make them the next google or microsoft.

This shit is fucking driving me crazy!!!!

>>10926551
embarrassing

>>10926562
It's nothing impressive on a network with 21 nodes, EOS just using (hyping) the advantage in throughput that dpos give

>>10926653
21 democratically voted nodes is more decentralised than bitcoin is right now. And it's enough decentralisation for any dapp.

https://youtu.be/TY1rx0ZiKbE

>>10926653
>embarrassing

Zero ambition here people. Dan just wants EOS to be the backbone of the internet or something. Nothing to see here folks.

>>10926684
fuck of retard with your scam coin

>Yeah, eth is just going to disappear and EOS is going to take it over. It’s inevitable. Eth is going to 0 that’s for sure.

>>10926714
Nothing goes to zero in this market. But it can stop going up as much as other coins. Which is a fate that's identical to death in this space.

>>10926775
I think eth hit a bottom after a lot of ico's panic sold theirs.

>>10926799
I think the entire market hit bottom when BTC hit bottom. Provided 5800 is bottom then we can expect an ALT bull run pretty much.

>>10926135
Seeing all this desperation makes me want to buy more. Only thing holding me back is btc might retrace in a few days before eth has formed a nice bottom. Either way I am buying more before Constantinople.

>>10926874
99% of the projects are still run on ethereum, but people are greedy and chasing shitcoins like holo.

>>10926135

>>10926497
>without the middleman

>>10926680

>>10926714
>Who cares about decentralisation
>Who cares about security
>Who cares about shitty code with catastrophic bugs
>Who cares that the entire ICO fund has disappeared and will never be used to develop the codebase

>>10926956
Is HOLO better for what the project needs?That's the important question.

>>10926474
In the long run it's important to appreciate the decentralised structure of EOS.
Eventhough it's only 21 BP in ETH you maybe have like 5-6 big mining pools?
So who is more decentralised now ?
In theory ETH is more decentralised of course, but in practice EOS has a definitive edge because mining pools and chinks fuck the market.

>>10926497
that's not how it works, what matters is whether people buy eos because of that.
It's going to be steemit 2.0, where resources for normal users are provided for free it doesn't impact the demand for tokens.
>>10926519
How are you shilling eos, not realizing it's the exact same thing?
>>10926519
EOS is not ambitious, they're using architecture from the 80s. If EOS arrived without bitcoin and ethereum first generating hype for 'blockchain', it would get laughed off of the stage as a ridiculous version of PaaS with no possible use.

>>10928453
>EOS is not ambitious, they're using architecture from the 80s. If EOS arrived without bitcoin and ethereum first generating hype for 'blockchain', it would get laughed off of the stage as a ridiculous version of PaaS with no possible use.

This is such a shit argument that its kind of epic. Insane levels of cope and bag holder logic. People still think Bitcoin has no reason to exist right now.

Even fucking today, people still say this shit. EOS is by FAR the most ambitious project in crypto right now. Its not even close to compare it to other coins right now. Just because you don't like it does not make this true.

> that's not how it works, what matters is whether people buy eos because of that.

Right now EOS is the only coin that is specifically designed to make it so people who use it need to continue to buy more. You need a min amount to play games on it, you need a min amount to stake for resources to run dapps.

> It's going to be steemit 2.0, where resources for normal users are provided for free it doesn't impact the demand for tokens.

What the fuck are you talking about this is the exact fucking opposite of what it is. You cant even play a phone game right now without at least having 50 bucks of EOS.

LOOM is the one right now where it matters fuck all if anyone buys more.

> How are you shilling eos, not realizing it's the exact same thing?

LOOM is the shittier version of EOS right now.

>>10927463
cringe

>>10928453
>It's going to be steemit 2.0, where resources for normal users are provided for free it doesn't impact the demand for tokens.

cool story bro

>>10926653
>>10926479
I guess now that EOS has the most used DAPP and more daily users/volume than Ethereum this image needs to be updated again

>>10927463

lol no

collusion between thousands of miners is more difficult than 13 individual bps

>>10927007
I feel bad for you delusional mETHeads at this point. This is the equivalent of holding AOL bags while FUDDing Google circa 1999.

>>10928576
>Just because you don't like it does not make this true.
just because you repeat your retarded point doesn't make it true. It's actually from the 70s:
https://history.nasa.gov/computers/Ch4-4.html
"Its five general-purpose computers have reliability through redundancy, rather than the expensive quality control employed in the Apollo program. Four of the computers, each loaded with identical software, operate in what is termed the "redundant set" during critical mission phases such as ascent and descent. The fifth, since it only contains software to accomplish a "no frills" ascent and descent, is a backup."
That's literally EOS architecture, only there are more nodes. What bitcoin did new was how to choose independent nodes in a trustless way.
>You need a min amount to play games on it
nobody is going to use any social app that requires buying eos.
>Right now EOS is the only coin that is specifically designed to make it so people who use it need to continue to buy more
which results in absurd prices, which is why they introduce renting soon. Renting makes it a normal fee mechanism
>LOOM is the one right now where it matters fuck all if anyone buys more.
loom apps generate demand for eth because all game assets are priced in eth.
>>10928696
eos has ~23x less users
https://data.santiment.net/dashboard/snapshot/03jLi46IPPPI1qEPAYyK7RDJHAzT11UC?orgId=0
https://bitinfocharts.com/comparison/activeaddresses-eth.html#1y
>>10928737
that's not how eos works, you need an account (which costs ~$8 now) and scatter. It's much easier to get on ethereum because you can send some to a new account.
Ironically loom works the way eos was falsely marketed as.

>>10928737
https://eos-account-creator.com/choose/
"Why do I need this service?

The way EOS works is that new accounts can only be created by someone with an existing account. If you have a friend who has an EOS account, you can ask him to create one for you. If you don't, this website can be your friend for a small fee."

"How much does it cost?

The cost of one EOS account is currently USD 8.27 when paid with cryptocurrencies, USD 10.14 when paid with credit card and 0.9 EOS when paid with EOS. Included in the price are 0.2 staked EOS that will be transferred to your control and 4 KB of RAM."

>>10928614
any argument against mine or just utter shit talking ?

>>10928793
>eos has ~23x less users
EOS has the most used DAPP (http://dice.eosbet.io) and transacts more daily volume than Ethereum. It also has about 6-7x the daily transactions, even after all that garbage spam has stopped.

>that's not how eos works, you need an account (which costs ~$8 now) and scatter.
Nope. Devs can stake their own tokens so that people can use apps without having a wallet. Try it yourself: https://eos-forum.org/#/e/anon

>>10928737
If you already have a steemit 2.0 account then you will be able to just play games on it directly using the same account. Its kind of bullshit how integrated this shit will all be ultimately. You have an account and you can pretty much do anything you want with that account. You can play and download games, show pictures of food, make a career as a content creator where getting banned because someone said nigger on your live stream isn't a thing.

A one stop shop for everything, accessible with one account. The best way to FUD EOS is that its too fucking good. That its too ambitious. That John Oliver was wrong.

> just because you repeat your retarded point doesn't make it true. It's actually from the 70s:
> nobody is going to use any social app that requires buying eos.

kek
I feel like your butt hurtness levels are getting a little too high. Smoke a joint please.

> loom apps generate demand for eth because all game assets are priced in eth.

Sure man. People are going to HODL ETH so they can buy games to run on LOOM which stagnates because they dont need more LOOM.

The only reason I might be able to justify setting up a game on LOOM would be to go with a multiplatform mindset. Kind of like Console games that come out on more than one console. But honestly I am not feeling it. With EOS I see dollar signs. With LOOM I am seeing butt hurt empty hype and lots of hope. If I ever doing anything on LOOM it will because I already released on EOS, NEO, TRX ect...

Even then, I don't know...

>>10927463
The mining pool argument always seemed the most retarded to me. I mean, isn't a "POOL" decentralized by its very nature? How does that somehow make ETH more centralized than a system with literally double-digit miners?

>>10928886
>I mean, isn't a "POOL" decentralized by its very nature? How does that somehow make ETH more centralized than a system with literally double-digit miners?
The pools are mostly comprised of nodes that are physically located in China and are owned by whales, who are either the pool owners themselves, or have ties to said pool owners. Your average neckbeard miner in Minnesota isn't going to make a difference. Of course you can't actually prove this by design, so you could make the unfalsifiable argument that this is just baseless FUD. But anyone who thinks critically and doesn't have an emotional bias will be able to understand how these sorts of things work in the real world.

>>10928886
>The mining pool argument always seemed the most retarded to me. I mean, isn't a "POOL" decentralized by its very nature? How does that somehow make ETH more centralized than a system with literally double-digit miners?

Mining pools dictate the work that their miners perform, which includes which block to build upon.

This means mining pools working together can mine a secret longer chain and release it onto the network allowing a double spend (51% attack)

>>10928886
The main reason the argument is dumb is because it splitting hairs anyway. Mining pools and Block producers are both well within the means of protecting your shit and keeping the government out.

theres no problem actually ethereum is revolutionary tech, and gave birth to the 2017 bullrun and a million shitcoins, it literally gave so much money to so many ppl last year and this year.

but aside from simple economics,
there is ppl that hold millions of ether, that is the problem with the value proposition, another problem is its not hard money, it was never meant to be, its a virtual machine and in that case its doing pretty good.

>>10928915
But if the miners disagree, they can just leave the pool. So how is that dictation?

>>10928824
>EOS has the most used DAPP
ethereum dapps alone have more users than eos dapps
https://dappradar.com/eos-dapps
>and transacts more daily volume than Ethereum
where do you get that data?
>Nope. Devs can stake their own tokens so that people can use apps without having a wallet.
That's a centralized service not related to how eos works. Their are sending transactions from their own account. That works even on bitcoin.
>If I ever doing anything on LOOM it will because I already released on EOS, NEO, TRX ect.
you're not going to release anything because no developer would write what you write.

>>10928812
>The cost of one EOS account is currently USD 8.27 when paid with cryptocurrencies, USD 10.14 when paid with credit card and 0.9 EOS when paid with EOS. Included in the price are 0.2 staked EOS that will be transferred to your control and 4 KB of RAM."

That is a bare bones minimal account that can barely do anything. It costs a lot more to have an account you can use for gaming ect.

>>10928956
>ethereum dapps alone have more users than eos dapps

Most used dapp right now is steemit.

LOOM > EOS

Isn't there a major flaw or significant vulnerability popping up in EOS almost every week?

>>10928956
>ethereum dapps alone have more users than eos dapps
Your own link shows EOS's most used dapp with 4,250 daily users, and Ethereum's with 1,766. Are you dyslexic?

>where do you get that data?
The website you just linked. Just comparing the respective top Dapps for volume over the past 7 days, ethereum's is $9,803,145 while EOS is 47,408,255, which is more than all Ethereum dapps combined.

>That's a centralized service not related to how eos works.
The BP's do the computations regardless of who stakes the tokens. It has nothing to do with how decentralized the network is.

>>10929379
>Isn't there a major flaw or significant vulnerability popping up in EOS almost every week?

Who would have thought that people might find bugs on software when its actually being used for stuff. I mean, we could go down the path of claiming LOOM is flawless with zero issues.

But that's not realistic in the world of fucking software development. I have never once seen ANYTHING with zero bugs before.

>>10929585
The bugs are really bad brainlet stuff, which is unsurprising since block one, who got all your money, have no legal obligation to do any more work on the chain.
Ever. Anything they do is like a favour or treat for bagholders.

>>10929634
>The bugs are really bad brainlet stuff
Not really. The only major vulnerability found requires you to send a transaction to a malicious party, and it was a pointless exploit that no one could gain from.

> which is unsurprising since block one, who got all your money, have no legal obligation to do any more work on the chain.
Ever. Anything they do is like a favour or treat for bagholders.
And for some strange reason they're still developing it and releasing new versions and paying hundreds of thousands of dollars towards bug bounties. Hmm, almost like they're legitimately trying to build something here.

The sad fact is that you're the same person in >>10928696's screenshot that was moving the goal posts since day one. You're a lost cause. I hope you hold your ethereum bags until it goes to zero.

>>10926135
ETH is battle tested and not a piece of shit. What have you created?

>>10929634
This is a bullshit argument. Windows is filled with fucking bad brainlet stuff. Guess what, everyone still fucking uses it. I feel like I am arguing with some Linux maximalist who claims Linux is super perfect.

When in reality both tend to have brainlet stuff wrong with them. Because humans made the fucking thing and humans are fucking brainlets by nature.

The only time. THE ONLY TIME when software has no bugs is because NOBODY IS USING IT.

>>10929667
>The only major vulnerability found
Lmao. Maybe get your news from somewhere other than biz once in a while
>hundreds of thousands of dollars
Wowee, a fraction of 1% of the literal billions they collected. Such generous.

>>10929698
>wahhh they aren't paying people millions of dollars to fix simple bugs, what a scam!
You said Dan was going to run off with the money without releasing a product for a full year. Now here we are with EOS BTFOing Ethereum in ever conceivable metric, and you've come up with some new system of mental gymnastics to protect your fragile ego from having to admit you were wrong. It honestly makes me giddy knowing that you're going to watch your portfolio evaporate into nothing because you're too mentally weak to overcome your emotional attachment to your meme coin.

>>10929698
>Lmao. Maybe get your news from somewhere other than biz once in a while

They found a bug while it was still in development. That was the other bug. Literally, they found a bug before it was even released. And they fixed it. I remember the constant flood of

> If they found one bug that must mean there are more bugs!

We can, in fact, say there will always be more bugs btw guys. Welcome to what happens when shit actually starts getting used for things. I know you been holding on to ETH for a couple years and never doing anything with it. It gave you a sense of zero bugs. But in reality, bugs are a constant problem with everything.

When Zombie Battlegrounds comes out and people begin using LOOM to play the game I am 100% certain there will be at least one fairly major bug that gets uncovered. And it will be fixed and it wont matter because it will be fixed.

Screen cap this if you feel like it.

>>10929751
Why would he run anywhere?
He should be giving guest lectures to marketing students at famous universities, in between island breaks, of course.

sigh

>>10929480
>Your own link shows EOS's most used dapp with 4,250 daily users, and Ethereum's with 1,766. Are you dyslexic?
you should add all users, not just compare first with first...
All ethereum dapps had 8000 users, so even for dapps eos has less use.
>The website you just linked
dapps are only a small fraction of total daily users.

so far every eos shill is a brainlet.

>>10930029
>you should add all users, not just compare first with first...
I literally said it had the most used dapp, not that it had more dapp users in total. Illiterate fuck.

>dapps are only a small fraction of total daily users.
No actually they're not. They make up the vast majority of value transactions.

>>10926135
It’s not BCH and it’s skeletor creator spoke poorly against Satoshis aka CSW. Now ETH must suffer

>>10930037
>t. adhd
you wrote
>more daily users/volume than Ethereum
no, ethereum has more users in every category
>They make up the vast majority of value transactions.
no, they don't. If that's true the total sent value on eos is close to $12M/24h, which would be pitiful.

>>10930106
>you wrote
In the post you quoted, which was >>10928824, I said:
>EOS has the most used DAPP (http://dice.eosbet.io) and transacts more daily volume than Ethereum.

You need to stop embarrassing yourself.

>no, they don't. If that's true the total sent value on eos is close to $12M/24h, which would be pitiful.
Either go find out the total volume transacted outside of dapps or kindly fuck off with your grasping at straws. It's pathetic.

>>10930145
that's not how quoting in threads works. The answer is in context of previous posts, and you're not supposed to quote the entire part of the post you're replying, only enough to mark the logical part.
>Either go find out the total volume transacted outside
I already did, in response to your BS about eos having more users/volume.

EOS is fucked if only because the community is so dumb.

>>10930235
>that's not how quoting in threads works
I'm actually surprised you've mustered up the brain cells to figure out how to use the internet at this point. If you quote a post, and you respond to something that was said in a different post, you're a fucking retard who doesn't understand basic human communication.

>I already did
You didn't post shit about EOS's non-dapp transactions.

I'm done wasting my time leading a mentally challenged horse to water. If you want proof that you're an idiot, here's a chart you should study. But I sincerely hope you keep your ETH bags and stay far, far away from the EOS community.

>>10930285
Ethereum is better.

>>10930343
Keep telling yourself that

>>10930285
When talking, do you repeat everything said previously? No? Guess what, it's exactly the same on the internet. Quote functions as a *pointer*.
How did you even end up on 4chan? Even on reddit people get that.

Same problem ETH has had for the past year - it already mooned, early adopters already made it. Late adopters need to find something else, you can see here a lot of these December goys have bought into EOS and choose to believe the technology matters / that they will make it in the near future based on actual adoption, it's nothing more than rationalizations to fuel the hope, the tech does not matter and never did.

What we are really seeing is the hyper dilution of the market we knew was coming, and that is the true barrier to making it, the real deflation is your fucking chances of actually being on board a rocket.

>>10929854
That looks like manipulation of both BTC and ETH but ETH never got any love back yet

>>10930365
if you consider scam ICO's dumping their bags manipulation, sure. not sure why anyone is surprised since that's what the Ethereum ecosystem is designed for.

>>10930362
What few get is that the only real competition is from private chains (hyperledger fabric, corda, but private ethereum too). Only public ethereum network has any chance at adoption at this point because of network effects. Every company wants to capture as much value as possible, and in absence of network effects that means private chains.

>>10930420
Kek this guy actually must be brain damaged

>>10930029
>so far every eos shill is a brainlet.

So far ETH shills seem like they don't know how software development works. They also hold ideology above usability, then act surprised when less people use the coin.

>>10930362
>it's nothing more than rationalizations to fuel the hope, the tech does not matter and never did.

What a fucking shitty way to shill tech though kek

Its a russian coin controlled by putin