/biz/ - Business & Finance

>>15267644
A while ago I was torn between continuing to accumulate stinkies and work towards getting myself 21 ETH. Glad I chose stinkies.

>>15267663
I chose ETH thinking I could trade back to LINK later

>>15267663
good call t b h
>inb4 mETH heads post some "buy high, sell low" or "the spring is wound" cope - same cope they've been posting since ETH was 0.03+

mETH kills

>>15267644
The dump has been caused by the Chinese pyramid scheme coin. They have like 4B in crypto with around 1B in ETH, 1B in EOS, and 200MM in BTC. They are dumping the fuck out of everything right now which is why ETH and EOS are getting fucked.

These are great prices to accumulate, but unfortunately moonbois may sway market sentiment the other way. Good luck.

>>15268221
good price to accumulate is under 15 sats

till then meth kills

>>15267644
the long term target is infinity because the long term target for btc is zero.
All btc does is lose money to miners, there's never going to be any income. Because of that, btc buyers already lost more money than buyers of all other cryptos combined.
I don't know when, but eventually new buyers won't come to bailout old bagholders and the price is going to be low enough that someone attacks the network using old asics. It may be happening right now, it may happen in 5 years.

Eth is different. PoS means eth stakers gain from the utility of the platform. That's what makes it literally the only safe long-term hold. Ethereum would only die if nobody uses it, but that's already false.

wait - you didnt buy at 175??

>he didnt buy the dip

>>15267644

What do you expect Anon. Just look

> 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!

>>15267677

>>15267644
I remember longing this at 0.14 once lol. Got out with slight profit luckily

>>15268534

>>15267644
nice, LP shares will get so cheap

>>15268582
ask bitcoin maximalists how many actually cashed out at least their initial.
Most likely you won't find any, as it's almost a contradiction. They believe in btc so much they often still buy, increasing their average a lot.