/biz/ - Business & Finance

how does 9 months sound

>>25664844
10k EOY

>>25664844
you meant to say january 2022 right?

>>25664844
Absolutely. Depends on where bitcoin lands.

>>25664844
try 3 weeks

10k EOY, easy bet

>>25664844
30K in 3 years

>>25664844
No. Say it with me: Infinite supply and increasing inflation rate

Of course it can, the higher BTC goes, the higher ETH will go hypothetically.

>>25664844
Literally 3 weeks

>>25665478
Even though more and more ETH is being staked and NOT sold?

>>25664844
3 years? bro eth will probably reach 10k this year

>>25665482
Why? The only reason Litecoin has roughly followed Bitcoin is because it's also deflationary/limited supply with halving events. Why would ETH follow the same trajectory despite having opposite tokenomics?

>>25665478
EIP-1559 would like a word with you

>>25664844
20k this year

But why the ratio still around 0.03? Then for ETH to reach $10k. BTC needs to reach 300k which I don't see it happen anytime soon

>>25665600
If you're banking on ETH being pegged to the value of BTC then why not just invest in BTC...

How does $10,001 sound?

Most of the volume is going to BTC at the moment... the second BTC tops out and decides to go sideways or down, youll see ETH take over while BTC holders liquidate into ETH to preserve their gains and pad their portfolios some more

>>25665478
same retarded arguments, different year. going to miss eth again kek

Yes, I think gas fees can reach 10k, probably by next week.

>>25665478
Sounds like fiat to me

>>25664882
>>25664888
>>25664891
>>25664914
>>25665230
>>25665417
>>25665482
>>25665500
>>25665548
>>25665584
>>25665688
peak delusion, just sold

>>25665914
Wait, so you were initially holding ETH until some 4chaners started talking about it? You must have some weak hands

>>25664844
Who knows,
You can’t predict crypto currency.

>>25665773
That was simply price discovery. ETH has been second in market cap for a long time now. People understand its value. Why don't you explain from an economic point of view why you think ETH will see gains similar to BTC and LTC over the long term despite having infinite supply and no halving events?

>>25665998

i think he is saying that ETH can gain because you are so gay that you single-handedly will make it moon forever.

>>25665998
ETH is $150 away from its next price discovery.... so whats stopping ti from going to $2k? $3k? $4k?

>>25664844
It's going to reach around $3-5k this bullrun alone... so yes.

>>25666111
double trips
checked

>>25665914
Have fun staying poor

3 years?
More like EOY

>>25664844
Its gonna go to 2k+ this cycle. Not gonna hit 10k tho. Your guess is as good as mine how long the next crypto winter is gonna be.

>>25666206
god I hope so, I really need that piece of land innawoods so I can get away from all this kikery

>>25666111
checked, i agree that he's a faggot

>>25666187
The fact that there is constant selling pressure, much more so than tokens with limited supply and deflation. As the price of ETH increases, the inflation increases too.

>>25665478
>Infinite supply and increasing inflation rate
If you are adding a fixed rate of supply every year, the inflation is decreasing not increasing.

The percentage of new coins added in a year will always be less than the previous year. So at worse it will be better than it is today.

Literally simple 6th grade math.

>>25665998
Ether is in many regards similar to bitcoin. I can accept is as currency if I want, and some do. But the intent with Ethereum is to use Ether as fuel for the network. Do you want to interact with this decentralized game? Then you need to pay with Ether to do so. Do you want to interact with a decentralized exchange. Then you need to pay with Ether to do so. All these applications on the Ethereum blockchain require Ether to run. Smart contracts are just a way to describe the endless number of programming possibilities. So you can own some of that.

And right now Ethereum transactions are growing at a parabolic rate. It is the most used blockchain by far (with almost 5x the transactions of Bitcoin and growing). It's a mixture of currency and smart contract fuel. It's also IS a rare asset like bitcoin. Bitcoin is inflationary despite what you say. Bitcoin has low inflation (about 1 million tokens per year), as does Ether (about 5 million tokens per year). Ethereum doesn't have a hard cap. That's the only difference. Plus ETH is going to implement a new fee burning system that will essentially make ether deflationary despite all the FUD around here

>>25665914
I promise you won't be missed on the moon. There isn't room for everyone anyway

>>25666399
>And right now Ethereum transactions are growing at a parabolic rate. It is the most used blockchain by far (with almost 5x the transactions of Bitcoin and growing).
Delusional

>>25666462
look at the fees earned on those blockchains above ETH. those are bullshit transactions. come on, EOS? stop being disingenuous.

>>25666462
I can send millions of transactions on a ghost chain to inflate metrics. ETH still settles the most amount of value every day (in 2020, ETH settled more value than BTC), and pretty much every defi app is on ETH.

>>25666462
It's easy as fuck to spam networks with zero or near zero fees so it looks like someone is using your scam chain. I promise no one is using any of those shitcoins

>>25664844
Already over 2m staked on a one way transaction
Issuance reduction about to plummet
The decentralized smart contract platform of choice
In demand so much that users will pay big money to transact on it

I don't know OP, but $10k sounds like FUD

>>25666462
Obviously eth has more utility than btc. Will boomers buy it tho

Bit Boy Crypto says it will hit 27k this September

>>25666558
>>25666713
Cope. Number of transactions means nothing.

>>25666462
godman what a retard

With API3 as one of the 'backbone' products, yes.

Without?

Not sure.

>>25665998
>there is an infinite supply of cell phones, why would you invest in AT&T lol
kys

>>25668186
very low IQ comparison. You don't buy a bunch of cell phones when you invest in AT&T.

>>25665998
the entire defi system is built on eth muh niggur
it's meant to be inflationary so it can actually be spent

1eth=$3k in 1 month

ETH is starting to see a shortage (a lot of ETHs coins locked up in defi )

>>25664866
how does 3 months sounds

Look dickheads i have just put 900gbp in to this shitcoin known as eth, what am in in for in 3 months? A butt fuckening? Or will I be a fellow astronaught living on the moon like everyone else

>>25665998
We have found the reddit tard everyone . This is the lowest IQ response ever witnessed on biz. I bet this guy owns 1 million xrp and a million doge. Fucking retard

desu im calling atleast 18k by the end of this year

>>25665914
oh to miss out on this many gains. poor soul

>>25665998
EIP-1559.

>>25669600
Priced in.

>>25665914
gtfo weak hand

>>25664844
>$10k in 3 years ?
You mean october, son

>>25669409
kek what was that like 1 ETH? You aren't going to make serious money even if this 10xs

>>25669409
Keep adding more when you can. >>25670093
That’s why he Shapiro’s keep going

>>25666361
>As the price of ETH increases, the inflation increases too
That's true for every coin, including Bitcoin.
If DeFi continues to grow, the price of ETH has to grow also, because there is very little DeFi activity outside ETH.

>>25669469
>noooooooooo buy my bags or ill say you have a low IQ!!!!