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/biz/ - Business & Finance

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13790381 No.13790381 [Reply] [Original]

Looks like we are definitely heading down again and this was, indeed, just another fakeout bulltrap/deadcat. With specific respect to ETH, how low is this going to go? Is double digits still in the cards? Thinking about saving my fiat for at least $140 or so.

>> No.13790424

>>13790381
don't think double digits but no idea. if it hits $125 i'm going all in

>> No.13790536

>>13790424
My target is below 150 again. This would be a gift

>> No.13790545

If it hits double digits again i'm going to sell my car

>> No.13790592

Eth is way overpriced to begin with, infinite inflation, never designed to be a store of wealth by the devs own words. This could be an ugly decline while btc marches upward over the next year.

>> No.13790642

ETH ruined their tokenomics with the switch to PoS in a way that's really subtle and not immediately obvious yet. DASH seems like a much better investment, given its god-tier tokenomics. Remember: the underlying technology and a token's ability to deliver returns are two completely different things.

>> No.13790652
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13790652

>>13790592
the speculation of proof of stake will make it hold value itself. and then when proof of stake comes out, hoo boy. are you going to be a salty nocoiner if you dont have eth. not to mention it's spearheading dapp development and major companies such as amazon and microsoft have or are considering building on erc20.

>> No.13790714

>>13790652
When you tell me POS is near it only makes me want to buy Ethereum Classic, where do you think all those miners are going to go?

>> No.13790851

>>13790714
Surely they wont go to some dead chain with no users. They will probably go to some other more advanced and less dead PoW chain.

>> No.13791389

>>13790652
>not to mention it's spearheading dapp development and major companies such as amazon and microsoft have or are considering building on erc20.
3-5 years MINIMUM wait for that. speculation interest and confidence will drop through the EARTH's CORE before they manage to glue POS together.