/biz/ - Business & Finance

>>11044195
> $100

this is the end of ETH. mETHlets on suicide watch

>>11044195
low $100s will be the turning point

$40 when it's all said and done

isn't it kind of obvious that this would happen if they were moving to POS? Wouldn't the whales want to cash out and buy back in at the bottom to increase their stack?

>>11044244
Checked.

should I start DCA now?

>>11044253
It's the miners who are dumping. I doubt the Ethereum community is wealthy enough to buy these bags when they're already all in

>>11044270
I would get ready (move/free up fiat) at the very least yeah.

>>11044195

Vitalik thinks it's worth like $7. He's gonna FUD it till it reaches that. My buy orders are set around $10 so...and I'm starting to feel even that might be trying to catch a falling knife.

>>11044318

I'm the same way. I'm keeping my orders there until the price dips below $20, though, just in case there's a flash crash and a quick recovery

>>11044336
lol you guys are crazy

>>11044318
>>11044336
Delusional

Think anon was close

there are people who gladly bought millions worth at $1200 but now think its not worth buying lol

says a lot

>>11044509
LOL so far so accurate. will eth pump to said levels? and will alts follow? and will bitcoin dump that low? stay tuned to find out

Time travel larper said $104

>>11044318
$10 is my target. Hope we get there before Xmas. If BTC dumps hard ETH will get rekt

>>11044578
to be fair his prediction was after btc already collapsed 50%

>>11044548
yeah that people are retards and that they will think its worth $1200 in 3 weeks again

>>11044195
I have no idea. I just know I'll buy it when I plan on using it.

>>11044548
they thought they were buying more fiat, not ether. Nobody that invested in dapps is using them.

I'm literally crying right now

>>11044195
104 then bounce to 500+

>>11044227
Time to hang out with Sayori!

>the ripple/eth flippening

>>11044658
if you arent crying daily you arent a man

>>11044643
Straight up, never underestimate human greed.

>>11044643
It's not going to 10x in 3 weeks

>>11044783
never say never

we have 42.9% to go

>>11044195
somewhere between 75 to 90.

>>11044807
I'm betting 144 desu. Not buying there, but watching for a reversal.

>>11044227
it's not the end because eth has actual adoption. At worst it's time to wait.
Only shitcoins with no use die when they dump like that, because they have nothing going except for speculation

>>11044903
adoption on an unsustainable platform is death

>>11045054
this guy gets it

>>11045054
there's no other potential platform.
maybe tezos but it has absolutely zero adoption, and its scalability is at best 5x eth's. They would need to develop sharding or something similar too.

>>11044195
$7.

>>11045085
>there's no other potential platform
pic related will be the one and only. but not until all you newfags, moonboys, core cucks and soi bois are broke, destitute or dead by suicide

>>11045121
>bcash
>smart contract platform
pick one faggot

>>11044903
Uh, sweetie? Your time is up. Everyone is moving to EOS.

>>11045121
there are no smart contracts on bitcoin cash
>>11045136
nobody is moving to eos. It's an absolute disaster:
- EOSRAM is ridiculously expensive
- accounts have to be bought from someone else, killing adoption
- contracts can be edited by owners, which means every token currently on eos is fully controlled by the issuer
- ECAF locks accounts based on exchange and whatsapp screenshots

To play eosknights you need to stake ~$75 worth of eos.

>>11045183
Oh I'm not here to debate you.

>>11045223
I'm not talking about price you brainlet.

>GETTING JUSTED BY THIS ABSOLUTE PIECE OF TRASHCOIN
>CATEGORY 4 HURRICANE COMING MY WAY

IS THIS THE ULTIMATE JUST /BIZ/?

>>11044245
Welp, back to my entry point I guess.

>>11045229
Oh, you're talking about usage? EOS is destroying Ethereum in that department too, even though Ethereum has had 3 year head start

>>11044673
Few more days. Two weeks or so max. ETH is on its last legs.

>>11044195
the moment they decided it's not worth bricking Chinese ASIC farms they declared the death of this shitcoin
Enjoy the chinese control

>>11044195
$7 next year, but don't worry. After trudging through hell, it's going to rise up to $2200.

>>11045246
Nigger shall we go full circle?
>>11045183
Here. Yes, he was talking about usage.

>>11045265
I told you I'm not here to debate you. EOS has already won. I'm just here to gloat and rub it in your face. You should have listened. You could have listened. But you're too retarded to see the most obvious opportunity that has ever existed in crypto (even if that opportunity was just increasing your ETH stack by flipping temporarily)

>>11044783
I'd prob still hold as it crashed back down.

>>11045246
Eos had 15546 different accounts active on 9 September
Ethereum had 279792
https://coinmetrics.io/charts/#assets=eos,eth_left=activeAddresses_zoom=1533945600000,1536537600000

Even in that dapp metric you had to cut out to '5 largest' because ethereum still wins.

Actual adoption is harder to measure and includes things like having security tokens on ethereum, while nobody is ever going to use eos for that, and thousands of developers.

>>11045277
>measuring a platform's success in the number of abandoned accounts
THE ABSOLUTE STATE OF ETH BAG HOLDERS HAHAHAHAHAHAHHAHA

>>11045183
ETH crashing != EOS succeeding

>>11045262
>it's going to rise up to $2200
lol, no it won't. Blows my mind that /biz/ is STILL this fucking delusional.

>>11045288
>measuring a platform's success in the number of abandoned accounts
??? Those are accounts active during that day

ETH will be the first major coin we'll be able to say in a few years that we saw rise and fall.

>>11045299
What new random metric will you come up with once EOS overcomes Ethereum in active accounts, which should be within a few weeks at this rate? You're losing in the only metric anyone on this board actually cares about: token value.

I'm going to average down at some point. The price right now is a really good deal, but the sentiment is so horrible I think it will keep slipping.
I'm not going to panic sell though, because the moment I do it is going to start recovery

>buy at $200 because ICOS last year
>sell at $1200 because why not
damn I only have 10 eth left but I feel bad for all those that bought that high, its gonna take like 3 years to break that ath again

>>11045275
Holy shit. You really don't know about WAVES. It's on track to demolish EOS within a few weeks form now. With the recent code update devs can finally release their dApps, which they have been working on for almost a year. There is no RAM problem on WAVES, there is less centralization than in EOS, more dev activity... It's just better in any way than Dans scam.

>>11045314
there was never so much development and use cases as today
>>11045327
eos active account count isn't growing
https://coinmetrics.io/charts/#assets=eos,eth_roll=14_left=activeAddresses_zoom=1528761600000,1536537600000
it has big oscillations, I guess airdrops of some type, but since end of July use is roughly stable.

these are last months when active accounts can be compared that easily, as when loom and raiden launch some of ethereum's activity is going to be on layer 2

>>11045359
Thank you sir I will now by 800 WAVES tokens

>>11045375
newfag much?
It's "thanks, just bought 100k"

>>11045367
But Ethereum's active accounts are shrinking. A 25% drop in 3 months. Not looking good.

>>11045390
it's 100% congested all the time, heavier transactions are replacing simple transfers which means gas usage stays constant but transaction count goes down.

>>11045387
>m-muh memes
Shut up you autistic faggot.

>>11045275
I DID buy eos, because I diversify. EOS was worth $20 and is now $5, good job, you dropped 75% of your value. Nobody here is talking about price or bagholding except you. In terms of USAGE, EOS hasn't even delivered a production application that isn't the equivalent of some alpha test. What ever happened to muh magical operating system built on blockchain. And look at the costs they've incurred once they figured out their idea was pixie dust. My friend was offered a job at EOS and they wouldn't even give him a stake in the form of tokens because they need to sell of their bags to pay the bills. Nice $4 billion ICO, that's a lot of bags they need to drop.

>>11045400
What the hell is your point? Ethereum is a piece of shit that doesn't work, we already knew that. It's no more congested now than it was 3 months ago.

>>11045400
I use it literally every day and the gas has not gone over 4-5 for 1m inclusion

>>11045401
>muh EOS
>muh ETH killer #31
>muh just bought 800

I don't understand what you are doing in /biz/

>>11045402
Dude what the fuck are you talking about. What are you waiting on for delivery?

I've held this long, I feel that I can easily hold if it tanks back to $50. Fuck it. Holding from 175 to 50 is easier than holding from 1300 to 300, and I did that already, so fuck it.

Fuck it.

>>11045402
>LARPING as an EOS holder
I'm enjoying your tears so much

>>11045412
>Ethereum is a piece of shit that doesn't work
Transaction limit is different from 'doesn't work'. Yes it has to scale relatively soon.
>It's no more congested now than it was 3 months ago.
Yes, 3 months ago it was at full utilization too
>>11045419
that's gas PRICE. Each block has ~8M gas limit. Simple transfer takes 21k gas but heavy token transfers can take even 100k sometimes (which means inefficient contract). Other uses take even more, one transfer to fomo3d took 250k gas afaik.
Which means one fomo3d deposit takes as much gas space as ~12 normal transfers

That's what's happening, heavier transactions are starting to dominate, but utilization stays at ~100%.

>>11045438
This, I will straight buy 2k worth if we hit $110-$120

32ETH to be a validator. US government insured pegged token on ETH that will have to pay gas. Free money.

>>11045455
No one cares faggot. Your shitcoin is dead. Double digits EOW

>>11044509
Btc is at 6k

Ethereum already has about 50 sidechain projects. If you want your dapp to run faster you can use something like thundertoken.

Ethereum has already won. It’s just a matter of sweeping up the remains and shaking out the weak hands.

>>11045464
call me when there are FDIC insured dollar tokens on EOS

>>11045486
You'll already have an hero'd by then

>>11044578
We're already past the pump stage of his prediction, brainlet. Note the reference to consensus. If he's right (his prediction is not 100% accurate already, of course), we're on the way to $2500 BTC at the moment.

>>11044195
Nice just sold 100k of everything

>>11045658
I think the ETF decision is the only thing stopping that.
Denial means btc dumps

its fucking dying

someone is going to kill vitalik and ETC will flip ETH because it's the real ethereum chain

>>11044217
<100 y

>>11044195
They won't stop crashing the market until most bag holders have capitulated. With such a large marketcap, it'll take many years. After that they will start the bullrun again.

>>11044548
Listen

At that time when it was $1200 its real value was a lot closer to that...

Now it's dumping not just because there is the bear market but there is far less ethereum needed by anyone other than the miners.

Is it hard to get this?

aaaaaaaa

Holy shit it's fucking over

>>11044903
What fucking adoption? 2000 people using dapps.
/biz/ is used more than eth.
It should be valued at $200 billion then. When did you use eth last time? Yep. That's right

>>11046007
>When did you use eth last time?
I think it was fomo3d, but overall in the last year I used eth way more than btc.
On the basis of pure use now you could argue everything is overvalued, but relatively to btc eth is criminally undervalued at this moment.

Most sensible use cases are stopped dead by not enough scaling

>>11046007
I can't wait for Chainlink to (try) salvage the situation

aaaaah