/biz/ - Business & Finance

>>51254531
vc scam

>>51254531
Will it go lower against BTC? I Want to swap out

>>51254559
if anything is rational in this market its that ETH eventually flips BTC
should have happened years ago, but I underestimated how retarded and blockchain illiterate people are - you can see it even today; ETH FUD is incessant and the goal posts keep moving - I haven't heard a single piece of credible ETH fud in >5 years of lurking various crypto spheres - tells me there's still opportunity to make money (at least relative to all other crypto, idk about macro)

Higher ETH means higher fees retards. The PoS devs will dump massive amounts of ETH into the circulating amount and you'll all be wiped out. ETH is going to $1

buying eth today is like buying luna at $40. screencap.

>>51254603
Its not sound money. Dapps with unneeded tokens are invariably scams

>>51254652
Based

>>51254531
Op is no whale but a faggot nigger, low iq incel

>>51254603
>if anything is rational in this market its that ETH eventually flips BTC
what a load of shit
get a load of this guy, lmao

>>51254531
>Buying ETH today is like buying Bitcoin at $200
Buying ETH today is like buying Bitcoin at $40K

You’re better off buying Bitcoin faggit

I won't buy any more ETH out of pure principle. ETH maxis are in for a rude awakening as governments and censorship clamp down on it going forward. The move to PoS is a glaring weakness for a crypto that seeks to supplant BTC. A couple of Biden or Pelosi phonecalls to Infura, Coinbase, Kraken and other big staking pools etc. and you can say goodbye to freedom.

>>51254531
The merge is going to be catastrophic for Ethereum. All the moral and ethical values go out the window. Suddenly the coins wont be backed by any real work. Rich just get richer. Developers and whales are colluding. This is against the will of the community.
Bitcoin will get flipped by Ethereum soon after the merge easily though. Price acts according to supply and demand dynamics.

>>51254652
So it'll triple in price then crash? Nice

ETH will flip BTC in the next 3 years

BTC will then flip ETH in the next 30 years

Reminder that you bought a scam and the SEC can btfo your life savings literally any time

buying link right now is like buying bitcoin at $330

>>51254531
The change to PoS will be a massive community splitting event amd allow niche players to get significant traction. ETH post-merge will be the worst performing crypto for quite some time.

That’s pretty clear.

Longterm, ETH 2.0 may still win out, but for 12 months post-merge/split, ETH will be in a world of hurt.

>>51254751
>>51255032
>regulation will stop competition and save my bags
repulsive
>>51254809
your understanding of blockchain technology verges on magical thinking

>>51255062
kek says the POS defender...

>>51255062
>still holding LINK in 2022
>it's your fault Ethereum isn't anything it claims to be
Couple more for the delusional bagholder bingo card

>>51254645
>Higher ETH means higher fees retards
yeah thats not how it works buddy

>>51254603
>if anything is rational
Ahahahhahaah

Simple question bros: Is the Merge priced in or not? Will we pump on the day of the Merge? I never swing trade but this is looking like a once in a lifetime event to make some obvious money.

>>51255247
it's been iced shin

>>51254751
>The move to PoS is a glaring weakness for a crypto
What niggers like you dont understand is pos is the plan for more than 5 years now, its even in the whitepaper.
You 2bit laser eyes think vb is doing it only because muh killing the trees propaganda. I tried to redpill for years, but i am tired, so just please dont buy any eth ever!

>>51255247
It's not priced in, but it won't pump immediately after the Merge. It will pump hard some time in the next 6 months.

>>51254708
Anon, I…

>>51255294
Interesting. Just a hunch or do you have a basis for that? IMO it will pump straight away (just a hunch), once it's reported all over the news that Eth successfully transitioned and normies will rush in.

>>51254670
>>51254708
>>51255218
case in point, look at these shameless retards

>le sound money
by what metric? ETH is better money because it inflates less, is the native token of web3/most used network, programmable, many orders of magnitude better throughput/scaling trajectory, economically sustainable (unlike bitcoin), environmentally sustainable, and so on
and no, monetary policy isn't "changing on a whim", it is trending toward minimal viable issuance (pay as little as possible to be secure) - this policy is part of the reason ETH is economically sustainable and Bitcoin is a piece of shit that has to change its policy relatively soon or become insecure, making it a moot point entirely
all of this is literally blockchain 101 but if you're a fucking moron sub/mid-wit you'll just regurgitate the same dogwater fud you heard in your bitcoin support groups and pretend its true
fucking morons, don't know why I bother, but at least I'll be rich off the information asymmetry

>>51255275
It's incredible isn't it? They've had this long and still don't get it. I started with bitcoin of course, back when people still told new crypto investors to read whitepapers. So I did, then I got the rational idea and asked. "What about the whitepapers for the top 10 projects?" There ethereum was, don't remember it's place at the time, I think it may have even behind XRP back then by market cap.
But when you read the ETH whitepaper, looked at how well put together the ethereum foundation was, it all just made sense. It begged the question why bitcoin didn't implement smart contracts. Why the BTC community has been so ossified and opposed to any upgrades at all besides segwit. Well here we are anon, you and me can leave the others behind at this point.

>>51255320
pump into merge
merge happens, risk-off pump
then "muh sell the news" dump
then slow trend upwards due to minimal issuance after

>>51255374
Yes that was my thought too. Excellent, thanks.

>>51255333
>ETH is better money because it inflates less, is the native token of web3/most used network, programmable, many orders of magnitude better throughput/scaling trajectory, economically sustainable (unlike bitcoin), environmentally sustainable, and so on
this is the normie
they will pump the normie
and they will enslave him without him noticing
he tries to reach the top of the pyramid
but has no SOVL, no culture, just a carrot on top of the pyramid.
he thinks honesty will get him there, but he doesn't realize he climbs on a pyramid of snakes

I have no doubt eth will flip btc see >>>51255391

at the end of the day international trade will be settled via BTC
wanna try to out (()) the (()), join the normie train in try to jump out in time

>>51254531
Why I am so bullish on Ethereum - every single reason!
https://twitter.com/cryptonator1337/status/1290338760044032002

>>51254903
imo 0-6 months flip, next halving flip back

>>51255471
^ encouraging all bitcoin holders to understand this is the demographic you are part of
take your fucking meds

>>51255512
u will buy zippertits to your daughter with the gains

>>51255572
the irony is that the real cypherpunks and decentralization ethos people are in the ETH ecosystem and the schizophrenic moonboy cultists are in the BTC community
you aren't "fighting a cause" you're just a retarded zealot

>>51255592
>real cypherpunks and decentralization
> in the ETH ecosystem
ye, twitter is very cypherpunky

i am retarded but at least in my own way , u troon producing NPC

>>51254603
>got hard forked after the Dao hack resulting in two seperate chains of eth classic and current eth
>white paper was thrown out the window along time ago
>two seperate vulnerabilities literally patched out this year
>censorship and gas fees up the pas even after it goes pos
Yeah go ahead and buy up bro. Take a loan against your house and car and go balls deep

>>51255668
>got hard forked after the Dao hack resulting in two seperate chains of eth classic and current eth
state correction, nothing reverted, overblown nothingburger
>separate chains
what is BCH, BSV, BTG, etc.
retard
>white paper was thrown out the window along time ago
you mean Bitcoin's whitepaper? last I read it, it was "electronic peer to peer cash" and not "technologically stagnant piece of shit store of value ponzi token"
>two seperate vulnerabilities literally patched out this year
you mean vulnerabilities before release and like 5 testnets? how fucking desperate are you?
>censorship
more overblown desperate bitcoin fud
>gas fees
solved in parallel you mouthbreaking fuck, dyor

>>51255785
>state correction
>overblown nothingburger
enjoy your fedcoin, the bugs, and your troon legacy

>>51255805
>"you're an npc"
>is a textbook 4chan-flavored npc
drone

>>51255856
u prefer vitalik or peter thiel pegging you?

>>51255879
haha nice esports talk

>>51255896
i don't play computer games, i only mid tier shitposting
dilate

>>51255923
I could write a script that could pass as being you
herd animal but of the loser 4chan schizo variety
t. esports player

watching biz right now,
i am really glad zoomers and retards are getting their asses handed to them on a silver plate
lots of hash POW discussion
glad to see education being dropped
the giant is waking up
very good
cherrrio all

some bright anons in this bitch >>>51254357

>>51255247
Priced in. Right now it's the only thing keeping crypto from plummeting and once it's over with we will be at the mercy of the stock market, which by all accounts appears to be in for a shitstorm as the winter energy crisis really kicks into gear

>>51254531
Buying QANX today is like buying SOL at 10 cents.

>>51255062
>>regulation will stop competition and save my bags
That's literally the mEthhead dogma

>>51254603
>if anything is rational in this market its that ETH eventually flips BTC
b-but i thought bcash was gonna flip bitcoin core.. damn corecucks.

>says right here you wrote the n word thousands of times
>we're just not going to process transactions from your address anymore
This is eth 2.0

>>51255592
>the real cypherpunks!!!

>>51257745
sounds bullish

>>51255275
>>51255342
Enjoy your fedcoin, I guess. ETH has betrayed crypto.

>>51255668
>censorship
I'll attribute the censorship and risks associated with it to the privacy gap of the blockchain

>>51255478
>Another reason
>Anonymous trades/swaps possible on-chain
>Private ETH balance can be maintained, non-traceable on etherscan.
Only a matter of time before this reflects on how the chain is appreciated, considering the rising speculations about regulations.

>>51257902
ironically your inability to appreciate how that matters is why I've made more money than you in crypto

>>51254531
>>51254531
What about the fact that a PoS consensus mechanism opens the door up to censorship on the Etherium network?
While ETH is PoW it would take something like $80M/day to overpower the network. When it's PoS someone can just buy as much ETH as they want and then make changes.
I want to buy $4k worth of ETH but I fear the merge will be a disaster

>>51255275
>it's been planned for years therefore it's a good idea

>>51258799
That's the problem with Piece of Shit, IMO. Someone could theoretically buy the whole protocol and force governance on their terms, however, working against their own interest is quite idiotic. Now, the barrier to perform that on ETH would require like $200B (or atleast half that) but the problem is smaller staked protocols with a far lower mcap could be outright bought out. Again, it would be idiotic to waste billions on a protocol only to act against your own money and crash the system.

ETH, DOT, DOGE will all work together to create a super network.

>>51258855
True from an investor point of view but to these people, killing freedom is more important than money. Some government could just buy the tokens with their unlimited money and then it's gone. I do not think this will happen but it's scaring me a bit since I was planning on buying $4k worth of ETH. I have cold feet, I am thinking of sticking to BTC.

>>51258208
Why is lightening owned by Visa?

>>51258881
stick to BTC and continue to bleed out with your chump change
crazy how many years of hindsight you have without shifting to ETH - I am up like 8x since selling my last BTC, and it still doesn't feel remotely priced in with how far ahead it is in every respect

>>51258923
Yes but that was during a time with little uncertainty. The merge is unprecedented because it's going to completely change Etherium. You simply do not know for sure that it won't be a shit show.

>>51258881
>Some government could just buy the tokens with their unlimited money and then it's gone
Yes, honestly that's the FUD that lingers in the back of my head since I'm heavily invested in low mcap PoS protocols. I don't think it'll happen either unless it's a protocol that scares the Gman but we'll see how things play out.

>>51254531
Not buying your bags

>>51258631
Thanks to Railgun and every other on-chain privacy solutions composable on the chain.

>>51258971
its not even contentious, its just BTC holders in full damage control

>>51259072
>>51259106
we’re going to zero faggots I’m sorry

>>51259117
if you continue to insist on Bitcoin you might

>>51259106
I think anyone who believes in Crypto as a concept should want the best for the entire industry, across the board. In my mind even if you don't hold ETH or BTC, if one of them suffers you will be feeling it regardless of how many alts you have.
I want Crypto to thrive and gain mass adoption unironically though, I currently have no ETH but I want to see it succeed.

>>51259117
Not a chance in hell

>>51259072
Well, privacy will really matter on the long run, especially when it becomes a requirement or standard for interaction with smart contracts.

>Bitdao winning

>>51259175
honestly think the space would be better off if we shed Bitcoin entirely - mining is a horrible narrative especially in an energy crisis, and if we're being honest its basically an unused ponzi token

>>51255507
This

>>51254531
absolute kike take.

>>51254531
ETH is not scalable. All ERC-20 tokens are going to zero.

>>51254603
>I haven't heard a single piece of credible ETH fud
It's not scalable. There is no mainstream use case, and there never will be. It was a great prototype, but there are way too many alternatives, and ETH has hit a brick wall. Ig you are buying eth now, you are super late to the party. I bought at $45, and sold around $3,000 on average. It's over. Move on. I would tell you what the next thing is, but you would think I'm a shill, so I'm not going to tell you. Just know that ETH is not it anymore.

>>51259284
BTC mining only accounts for 0.01% of the world's total energy usage. A little less than dryers use in the USA.
The environment fud is the weakest of the all since a lot of miners go to regions with cheap energy, and many of them go with renewable energy sources. Idiots will believe that it's bad for muh environment anyway though.

>>51258799
>>51258855
Yeah, retard, because it's so easy to buy half the supply

>>51255342
Btc shouldn't be able to do smart contracts, btc needs privacy to be what it intends to be as a coin less trackable n therefore better than cbdc.

>>51260057
It is when you own a national money printer

>>51259865
tell me, if its not rollup based, its irrelevant

>>51259962
so a quick google tells me 1 bitcoin transaction uses as much energy as an average US household for 50 days
your problem is that 1) its wasteful beyond belief 2) we have an alternative that solves the problem, it deploys in 1 week

>>51254531
premined scam

>>51254751
Same. I've got 1.5 eth and I'm selling somewhere after it pumped, not staying around for that.

>>51260057
they go "muh you can buy half the supply", as if with $200 billion you couldn't buy more than half of all bitcoin miners in existence
and with PoS, you can slash their $200 billion stake, and they'd have to buy an equivalent amount a second time, to retry, and repeat
vs if you have over half the bitcoin hashrate, it's over forever

sell the news
buy the dip

>>51254531
Well I agree. It's a fact that ETH is the queen after after all but I'm sure QANX will be added as a knight to protect all. Quantum resistant blockchain is what we want else we get rekt

>>51254531
>please buy eth before we rug it
no

>>51261254
Why? It makes sense to buy ETH before the merge.

>>51261344
checked
but no it doesn't

>>51261254
whos rugging it? all the bitcoiners larping as buyers collectively huffing hopium for a post merge dump?

>>51261373
It's perspectives anon we can do nothing about it. Anyways I'm buying I don't care and I believe.

>>51260883
it's not even about buying over the protocol, I was half b8ing but it comes from truth, have you what some other PoS protocols are like? Kava for example, the founding/developing team owns like half of the staked supply allowing them to downvote/upvote governance at their will against the other users of the protocol, the latest governance proposal proved that, where a handful of wallets controls the majority of the stake. How is that decentralized? The problem with PoS is that it centralizes control of the protocol back to the developers. This will happen to ETH, mark my words.

>>51261444
>The problem with PoS is that it centralizes control of the protocol back to the developers.
1) staking is not governance
2) no one holds anywhere CLOSE to enough for it to be relevant

>>51261471
Staking allows one to vote on governance

>>51261444
I would prefer POR over anything desu it's a combination of both POW and POS which solves scalability and eco-friendly way to mine. Just waiting on the mainnet to go live.

>>51261489
no, it does not, at least not the ETH variant

>>51261529
>n Ethereum, the stakeholders include miners (who run server farms to validate transactions and secure the network), node operators (which may include cryptocurrency exchanges, wallet providers, block explorers, Decentralized Applications (DApps), and more), core protocol developers, DApp developers, users of DApps, and holders of ETH.
>and holders of ETH
I've been playing with 3rd gen blockchain technology for the past year, you have no idea how centralized PoS protocols are. I'm not saying that's a bad thing however, it's a lie to yourself thinking PoS will further decentralize the network. In fact, it builds the network into a pyramid with delegators (non-node operating stake holders) at the very bottom, just above non-stakers.

>>51254603
Reported

>>51261417
best of luck

>>51261592
>for the past year
2 years*

>>51261492
To Mine the tokens on the go with a mobile phone is dope. That too no worries about power consumption. Man I really look forward to the blockchain to go live asap.

>>51261592
don't move the goal posts now please
you were talking about staking governance (e.g. tokens buy votes), they do not. If I have 50 million ETH, I have no more voting power than anyone else.
ETH POS is not the same as other flavors of POS - its distribution is the same as Bitcoin and ETH is not a governance token, so your criticism is really just misguided/based on misinformation

>>51261690
>ETH POS is not the same as other flavors of POS
Youcan believe whatever you want to believe but it's not that different from other flavors of PoS, ETH designed its model observing the work of earlier PoS protocols.

>billions partnerships
>every new trend use eth
>mass burns and eth spent/lost on nfts

Imagine hating money.

>>51261761
why are you just making shit up
its really confusing

>>51260236
>Google
Bro you can not be serious, right? How stupid would you have to be to believe that?

>>51261867
how stupid do you have to NOT believe that? Bitcoin uses power to the tune of nation states - it doesn't even sound remotely implausible that it would consume that much per transaction

>>51255333
It took years for bitcoin to be traded for any amount of Fiat money. Ethereum launched with an ICO where 70% of its supply was already pre mined. This is why it will always be inferior to the original no matter what neato technological innovation it boasts having. If the powers at be really wanted a blockchain network they'd make their own not co opt a heavily centralized scam owned by incels

why are eth retards so happy about centralizing the network?

>>51262085
https://medium.com/@adamscochran/the-10k-audit-42c100dd32bb
same effective distribution as bitcoin, sorry bro, hit me with original fud

>>51262142
nothing centralizing about it, that's a bitcoin cope