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/biz/ - Business & Finance


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12875700 No.12875700 [Reply] [Original]

why does /biz/ invest in ETH over BTC?

>> No.12875714

they don't invest logically

>> No.12875743

>>12875700
Massive consumer and industry adoption is why I speculate on ETH over BTC. Every day I wake up and thank god that the crypto market crashed this hard, and gave me a chance to accumulate both at these prices. It will be far, far too late once it becomes mainstream.

>> No.12875762

>>12875743
I'm sure that everyone cannot wait to adopt unscalable shitcoin with krokodil addict at the helm.

>> No.12875767

ETH is a mess
they don't have anything set in stone and the entire ecosystem is under control of the ETH foundation
they change inflation on a whim, change security on a whim, throughput decisions were given to the miners
they even claim they will change their entire coin to 2.0 polkadot
you people really park your money in this scheme

>> No.12875802

>>12875700
/biz/ is low IQ

>> No.12875804

>>12875762
>I'm sure that everyone cannot wait to adopt

It's not my choice. It's theirs. Samsung just promoted ERC20 shitcoins on their flagship product. It's a technological problem and technology can be upgraded.

>>12875767

its a product in development, your complaints are like somebody talking about Apple releasing a new and upgraded desktop computer and claiming its a bad thing. This actually happened, I was there for it. Lots of people complained that computer technology was fine as it was and didn't need to be upgraded, and that it wasn't fair to consumers or industry that apple and ibm kept changing their products (for the better).

This technology is going to change. It's going to get better. It's going to get upgraded. ETH foundation seems committed to discovering how to make ETH better, because they know it is flawed at this time and has significant limitations.

>> No.12875805
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12875805

ETH is the problem with modern faggots
they embrace pedophilia, communism, transfaggotry, and everything that's out of order
they rollback a "blockchain"
the have unsustainable chain growth, change the definition of a full node to lie to users
these faggots change every core principal of what a decentralized consensus network should be

compared to bitcoin which was organically created
has everything set in stone
no leader, literally build on consensus
survived several attacks from centralized groups of service providers and miners
bitcoin is a symbol or order and strength

>> No.12875813

>>12875700
ETH is better investment than BTC

>> No.12875823

>>12875804
Apple isn't a consensus blockchain
pissing off the consumers isn't an attribute of a blockchain

if ETH wants to be a business then they need to quit acting like they're some decentralized consensus
they're stealing from people investing in false advertising

>> No.12875826

>>12875700
/biz/ is a contrarian community, like most of 4chan

>> No.12875827

>>12875700
1) defi is locking up supply at an exponential rate (2% of eth in under 6 months)
2) a tonne of tokens use it, including big stablecoins
3) proof of stake 2020 WILL lock up more supply

demand > supply = moon

>> No.12875838

>>12875805
Bitcoin rollbacked too, get your facts straight. You can complain that BTC is controlled by blockstream just like you can complain that ETH is controlled by eth foundation

>> No.12875847

>>12875804
Yes, it's a product in development with endless delays. There are far better choices for businesses like Zilliqa which can scale and has way better programming language.

>> No.12875849

ETH has a marketing department to scam you retards
meanwhile there's a paid marketing campaign against bitcoin
bitcoin's only real marketing is coming from volunteers who are excited about the network and people who want to discus their project that interacts with bitcoin
there's no marketing department for bitcoin it's all users who repeatedly debunk lies

>> No.12875852

>>12875827
>defi is locking up supply at an exponential rate (2% of eth in under 6 months)
This is such utter bullshit. They aren't "locking up" ETH. They are margin trading it. Price goes down and those "locked up ETHs" suddenly become major dump events.

>> No.12875855

I really that Pepe expression but don't know why

>> No.12875857

>>12875838
you have fallen for the propaganda you retarded faggot
how is bitcoin controlled by blockstream
it never changed its protocol

the changes were backed by centralized miners and service providers the closed door NYA
but you think blockstream controls it

give me a fucking break

>> No.12875861

>>12875855
Are you missing a word anon?

>> No.12875862

frankly, you would be an idiot not to buy both

>> No.12875867

>>12875823
I didn't say it was, I was making a loose analogy, which is obviously lost on you. What we know about new technology is that it goes through growing pains as our society finds a place for it to create value.

Also, you are not 'investing', ETH is not a stock and the Ethereum foundation is not a business that owns anything. You are speculating on a digital asset which is a component of a distributed computing system.

>>12875847

What you have is called an "opinion". Your opinion may be correct, but only time will tell. If you want to speculate on Zilliqa capturing market share, then go for it. Competition is good, and it will force Ethereum devs to come to consensus on what they need to do to make their technology keep up.

>> No.12875879

>>12875867
yea loose analogies loose standards and principals
all ETH attributes

good luck with that

>> No.12875893
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12875893

>>12875879
alright let me bring this down to your level

cry some more bitch nigger ETH is going to the moon and you can't stop it, stay mad and stay poor

>> No.12875926

>>12875700
Yall bitch asses were here before ETH ... at least ETH improved themselves in the mean time not like you

>> No.12875934
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12875934

>>12875893
ok buddy, this is who you're supporting good luck with this formula

>> No.12875940

>>12875700
There's 0.01% chance anyone replying here is going to make it where they accumulate enough profits to afford a lambo. Stop dreaming and get a job instead of banking all your hopes, dreams and expectations on your craptocurrencies mooning

>> No.12876012

A blockchain has to have principals to be built on and grow
ETH has no principals and it will fail
they will always have to constantly change their parameters and further devalue the network
they took a shortcut to success and allowed any bullshit to written onto the mainchain when this idea was thrown out a long time ago
it's destine for failure, it's totally unsustainable
I hope you like pedophile communists because that's who is control the future of ethereum
the way it's built requires a hand to make constant changes
it literally can not have a decentralized consensus
it requires constant changes by communists and pedophiles who hate white people

now those people wouldn't be a problem with bitcoin because they couldn't change the network if they wanted to
these ethereum scams only attract the most disgusted and retarded people

>> No.12876063

>>12876012
nice fud
eth fud resumes = moon soon
retard nigger stay in africa I'll send you some moonrocks via railgun

>> No.12876064

>>12875934
People dont even know who the BTC devs are or what they are doing. That's because there's hardly any of them left and they don't like to talk to the public much. Such open source decentralization. Trying to become the world currency? My ass, definitely not going to do that while not talking to the public.
Meanwhile ETH core devs regularly livestream their meetings and actually participate in events. ETH ecosystem has more devs than rest of the crypto combined.

Tell me, what does the future hold for BTC in terms of development? No one here ever talks about BTC development, except LN, which is not really BTC. LN is second layer and done by a separate entity. You can see discussions on ETH development every week here.
WTF are BTC devs even doing? Sitting on their dicks all day and shitposting on r/bitcoin? Every actual dev can see through their bullshit by now.

>> No.12876070
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12876070

>>12875940
NO! YOU'RE WRONG ! STOP THAT REEEEEEEEEEEEEEEEEEEEEEEEE

>> No.12876117

>>12876064
There's a lot of active development
it depends on where you look
https://github.com/bitcoin/bitcoin/commits/master
The next major release is the next version of segwit that will bundle in several upgrades like schnorr, taproot, graftroot, and other contract and privacy improvements
the lead devs don't speak to retards who don't understand this stuff, but it's open to anyone to contribute and in the end the community has to signal their work into the chain
so bitch more about stagnation while our chain has been a complete consensus every step of the way

just streamline in controversial forks by a foundation and have your marketing department spead propaganda it's a good thing
bitcoin devs are not speaking at fundraisers to the most common denominator investors in buzzwords that will never come to fruition

>> No.12876135

>>12875861
Yeah, I meant I really hate it. I type fast and rarely check my posts before sending them

>> No.12876153

>>12875940
I know I'll never make it with crypto alone.
If I can accumulate enough in this bear market I'd be stoked to make even just a few thousand.

>> No.12876168

>>12876064
everything is on a mailing list and public but if you're going to troll you're not welcome
having a communist making decisions forcefully hardforking the network is bad
if you don't understand this I don't know what to say

bitcoin devs have like 30+ years of experience while ETH kids are throwing shit at the wall and virtue signaling
it isn't about quantity
frankly it's embarrassing how many people fell for the ethereum scam

>> No.12876190

>>12875805
Shitpilled and unbased

>> No.12876251

>>12875700

Because ETH is a substantial improvement on BTC and is actively developed by the most talent and has the most developers and dApps behind it, and leads crypto technology development.

Bitcoin is a deprecated, antiquated Cadillac, whose only value is its legacy and entrenchment.

>> No.12876255
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12876255

>investing in a coin with an infinite supply

>> No.12876898

>>12875743
because 1400/100 is bigger than 19000/3000

>> No.12876922

lmao all the FA tools actually think theyre going to beat the news

>> No.12876935

>>12876251
this but unironically
also for ideological reasons: btc early adopters are too obnoxious. buying their bags would be even worse than buying boomer bags

>> No.12877119
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12877119

>>12876935
>also for ideological reasons: btc early adopters are too obnoxious. buying their bags would be even worse than buying boomer bags

Great point. Definitely don't want to give my money to degenerate druggies and pedos who somehow did not manage to lose their keys before Bitcoin exploded. Or Craig Wright, or the insect-like Chinese subhumans who control half of the supply.

>> No.12877388

>>12875700
I invest in ETH together with LTC and XRP since it got listed on coinbase simply because they're faster to move from exchange to exchange and are much cheaper in transaction fees

>> No.12877481

because ETH is actually ambitious. BTC can't stay on top forever without hard forking. And as long as the developers are funded by those opposing alternative scaling improvements, that won't happen.

>> No.12877616

>>12875700
When I have a gf