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/biz/ - Business & Finance

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26403176 No.26403176 [Reply] [Original]

I genuinely don't understand why this coin is so hyped. For it to 10x it would literally have to double bitcoin's market cap

Can someone explain?

>> No.26403194

Still glad that I have sold fucking eth on top price

>> No.26403212
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26403212

>>26403176
It's honestly really simple,
You're late

>> No.26403231

>>26403176
EIP 1559 - new production rate cut dramatically- 1/5th of current
defi staking
validator staking

$10k is FUD. Try more like $40k

>> No.26403305

>>26403231
>40k
>6 trillion market cap
>worth more than Apple, Microsoft, and Amazon combined

wtf

>> No.26403328

>>26403176
>double bitcoin's market cap
You post as if that would be difficult for the network that is in the process of revolutionizing finance.

>> No.26403540

>>26403305
This seems like a fair valuation for Ethereum
ETH is revolutionizing bonds, derivatives, banks, stock exchanges/brokers, index funds, maybe stocks themselves even, ... Of course if rollups or sharding work, that is.

>> No.26403589

>>26403540
I thought chainlink was doing all that?

>> No.26403667

>>26403305
Derivative market alone is 600 trillion. Think about that

>> No.26403694

>>26403589
chainlink is helping Ethereum do that in a lot of cases, yes

>> No.26403845
File: 197 KB, 1280x720, 1533482961145.jpg [View same] [iqdb] [saucenao] [google]
26403845

K U S A M A

>> No.26403853

Some starter reading for you, if you want to start to DYOR:
https://thedefiant.substack.com/p/ether-is-the-best-model-for-money
https://old.reddit.com/r/CryptoCurrency/comments/kzkdw4/a_break_down_of_the_bull_case_for_ethereum_and/
https://twitter.com/RaoulGMI/status/1337230345897390088

>> No.26404473

>>26403853
>Reddit

>> No.26404522

>>26403176
It's too late. I own 32 eth and my family will never suffer again. You will be reset into nothing.

>> No.26404569

>>26404473
Thanks for pointing it out to me. I would have never figured out one of the links I posted came from Reddit. You must be a genius to spot that. Whew anon.

>> No.26404593
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26404593

>>26403176
Lol if you genuinely don't understand why this "coin" is so hyped you are literally saying you are:
>newfag
>poor
>tech illiterate
>low iq
>prob nigger

>> No.26404611

its trash since its foundation is 2015 tech
a better smart contract blockchain will always come out as time goes by

>> No.26404657

>>26403667
Those are zero sum bets, it isn't a pile of money waiting to flow into crypto

>> No.26404679

> russian high iq individuals creating asset classes that did not previously exist
> biztard doesn’t understand

Seems about right

>> No.26404690

why wud you buy a shitcoin with a 150b mcap when its alt season?????