/biz/ - Business & Finance

>>18944760
I mean... where was all the money coming from? (there was no normie involved before ethereum went to 300 usd)

you really thought you were on to something here didn't you? Zzzz

>>18944789
>you really thought you were on to something here didn't you?
Beside this retard has anyone a clear explaination?

>>18944760
Nobody thought that in 2017 larpfag

>>18944760
i bought eth at 50$, spent 100 hours reading about it and liked the concept. Thats how it got to 300$, people were making a conscious decision that its valuable, then mongoloids come in after as you have said.

Same thing is happening with btc right now, people with brain are loading up as much as possible before it inevitably breaks 20k and animals come back into the market to pump it to 100k+

>>18944784
>no normies involved
Nigger, Eth was the normie magnet and still is.

>>18945073
in a way ETH did trigger part of the bull run, which was ICO scams.

>>18945337
>A 5x

Why isn't ETH pumping Right now?

>>18945382
staking isn't out yet, but it will be better for the network in the long term if more people can afford to run a node when staking comes out, so price is kept under control

>>18944760
>>18944784
There's no doubt in my mind that ETH was, and still is, ingenious. Lots of bitcoiners saw its potential and a combination of whales/retail ended up pumping ETH.

One other thing: 2020 has been so fucking weird, and I've already seen things happen this year that flat-out do not make sense to me, that BTC pumping to $100k wouldn't seem to farfetched anymore. Even up until last year I thought, "I could never see Bitcoin going past maybe $50k". But this year, especially with the BRRRR normie rebbit meme and the monetary policy we're seeing, couple with the insane unemployment numbers... I just don't know anymore. Anything seems possible right now, or at least we've paved the way for some insane monetary plays.

>>18944760
ICO's

>>18945337
>animals come back into the market to pump it to 100k+
Redpilled

And this is exactly why I am laddering into CKB over time

>>18944760
Vitamin did India conference with Rich businessmen at a 7 star hotel in Feb 2017. During the conference it rose from $18 to $100 and a week later it was $200. Rest as you know is history

>>18946211
What is this vitamin and where in India do I get it?

>>18945365
>in a way ETH did trigger part of the bull run, which was ICO scams.
no it was eth..beacuse it made a x30 and every normie (including myself) kept interst in crypto

>>18945337
>i bought eth at 50$
Didn't it moon all of sudden parabolic way? how do ou had time to buy at 50?

>>18945458
>2020 has been so fucking weird
Why? Cause btc is at 10k? You're too exagerated. Don't be a fan boy... this could crash as usually once it reaches 12k

>>18945360
>Eth was the normie magnet and still is.
normies didn't even know what it was ''ETH'' in 2016 they heard about it in 2017 when it mooned to 300 usd
From that event we went into the mania phase where everyone was trying to became rich overnight

>>18945436
just use Rocketpool if you are a poorfag

It may seem a meme but defi is how the crypto holds and will build value. Cryptos end game is collapse of the dollar and traditional banking system. Not even kidding. It's coming. Bitcoin will be 500k by 2023.

>>18944760
russian crime money

>>18944760
You know it wasn't ETH mooning that caused the last bull run. It started with Btc breaking 1000k and moving strongly. Then a bunch of forks gave spare cash to buy shit. Also it wasnt ETH mooning it was icos that needed eth to invest.

>>18946614
started researching when it was 10$

>>18946920
>It started with Btc breaking 1000k and moving strongly
fuck you newfag
you're literally a faggot
I remember it was eth that outperformed a gay stable chopping bitcoin to cause fomo
The entire 2017 year was normie tier
In december 2017 even Chad and Stacy got into coinbase

>>18947092
>started researching when it was 10$
Had it a parabolic pump?
From 10 to 300?
Which steps did it take along the way? 10---50.---100---?