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57028047 No.57028047 [Reply] [Original]

Not one day of not bleeding against Bitcorn and alt l1 despite miles better tokennomics

>> No.57028060

>>57028047
>despite miles better tokennomics
they are selling to blackrock and me.

>> No.57028075

>>57028047
Tokenomics is a cringe term made up by a pedophile.

>> No.57028076

Inj has 100m supply, native 16% apy staking, and has burnt 6m coins with a burn every week. 6% of the supply is already gone. What is eths total supply, native staking rate, burn rate and total amount burned as a percentage against total supply?

>> No.57028082

Also inj transactions are free and instantaneous, what are they like on eth?

>> No.57028111
File: 256 KB, 683x1024, donutsexoooooooo.jpg [View same] [iqdb] [saucenao] [google]
57028111

>>57028075
ok, nice argument, just sold 100k!

>> No.57028117

>>57028047
it's because crypto as a whole failed, it started as a ponzi scam and there never was demand for anything else. Ethereum was created with the idea of bringing actual utility.

>> No.57028124

>>57028076
>>57028082
your token is an erc20 on eth.

>> No.57028126

>>57028076
>native 16% apy staking
Where does the yield come from?
If you dont know that you are the yield (by inflating your bags)
>eth
4% apy while beeing deflationary
>>57028082
So where does the yield come from? Who magically pays you?

>> No.57028129

>>57028076
sounds like a regular ponzi shitcoin to me. also, it's created using a Cosmos SDK tutorial like the typical erc20 shitcoin fork it is

>> No.57028132
File: 27 KB, 680x634, trhs.jpg [View same] [iqdb] [saucenao] [google]
57028132

>>57028060
And to me

>> No.57028144

>>57028117
Well ok i can see parts of your argument, but things like aave to lend and borrow, stablecoins, sending money, and obviously monero are useful and used

>> No.57028170

>>57028144
Look wider, what happens if all crypto stops tomorrow?
Nothing goes down, except crypto exchanges obviously.
The impact on the real world is zero. Everything here is a ponzi with zero real value.

Eth will get an etf in 2024 too, that's probably the best time to exit.
On the whole I'm selling everything in 2024, etf buyers are the last untapped group of greater fools in the entire world.

>> No.57028194

>>57028170
etf is a fucking meme :D

>> No.57028201

>>57028194
why?
That's literally the only reason crypto is going up now.

>> No.57028217

>>57028170
The dollar would gain strenght
Also Bitcoin as not inflatable store of value is also legit
Monero markets would have a problem
But crypto wont just stop tomorrow, so people will continue to use it
>sell 2024
Surely great to frontrun the 2025 sellers like it was good to frontrun the buyers this year, but crypto wont just be dead and will rise again later
>etf
I hope, i would use it to dump aswell

>> No.57028221

>>57028047
>tokennomics
tokenomics that change every 4 years aren't real

>> No.57028228

>>57028201
No
Its mostly the halvening cycle frontrunning

>> No.57028233

>>57028201
you are new, clearly, crypto goes up every 4 years and goes down every 4 years, etf is a normal npc faggot niggercattle useful idiot distraction meme
halving is coming dollar crashing faster than you can say double spend, but yeah CRYPTO WILL TOTALLY FAIL IF THEY DONT RELEASE ETFS AND I DONT SUCK GOVERMENT JEW BLACKROCK DICK!

>> No.57028266

>>57028233
>dollar crashing faster than you can say double spend
Kek but this needs a special line
Turkish fiat is crashing faster then you can say Erdogan
Dollar is crashing faster then you can say.....zog?

>> No.57028270

>>57028117
>Ethereum was created with the idea of bringing actual utility.

ETH has never done anything useful. Unless you consider ponzi tokens useful.

>> No.57028284

>>57028111
why do they have bussies?

>> No.57028311

>>57028217
Bitcoin isn't a store of value. It's not backed by anything and doesn't store anything, first you transfer someone real wealth in exchange for worthless tokens, then you hope you get to sell to someone else higher in exchange for real wealth.
That's objectively a ponzi scheme.
A store of value doesn't need others to become convinced whatever it is has value, the mere fact they need to be convinced shows it's some form of a ponzi scheme.

A store of value has inherent value, either directly consumable (like resources), or it makes consumable resources in some way, like an agricultural field. It doesn't matter what everyone else thinks about it, they don't even need to know it exists and it still has value. You could even be the last human on Earth and it would still have value, given access to tools needed to extract it.

For the same reason a ponzi scheme can make you rich because there's the potential to extract wealth from others, while a store of value just - stores value.
>>57028270
That's true, but unlike bitcoin which is a ponzi token, smart contracts could be used productively in the real economy. There's just no actual demand.

>> No.57028368

>>57028311
Ok that's nocoiner fud. I can do that with the dollar aswell... It's not backed by anything. First you sell real things for this coin. Then later when it's more inflated you hope a bigger fool gives you real resources for it again.

>> No.57028383

>>57028368
Dollar is backed by taxes paid by Americans, everyone is forced to buy it with their labor and other income.
That's why even a tiny currency like Icelandic krona works as money - it's backed by taxes paid by Icelanders. There are way more people in crypto but without a backing it will never work as money.

>> No.57028481

>>57028383
>everyone is forced to buy it with their labor and other income
Nobody is forced to hold
Only transaction means nothing the way they inflate it
If nobody is holding its hyperinflation

>> No.57028490

>>57028383
>>57028481
Its backed by trush just as Bitcoin.
Argentine and Turkey lost their trust and now they have shitcoins.

>> No.57028514

>>57028060
What... it... feels... like... using... Ethereum... and... L2s... and... other... EVMs... after... using... Solana...

>> No.57028515

>>57028481
>If nobody is holding its hyperinflation
any day now
>sell all dollars
>have income denominated in dollars
>have to buy dollars again to pay taxes
currency backing is very simple.
>>57028490
Trust is irrelevant, Turkey and Argentina have high inflation because they inflate the supply too fast.
If they stopped creating new units inflation would stop. In fact deflation would result fast because of interest on debts.

>> No.57028543
File: 499 KB, 881x569, cryptokikelvl99.png [View same] [iqdb] [saucenao] [google]
57028543

>>57028514

>> No.57028559

>>57028515
>>If nobody is holding its hyperinflation
>any day now
Yeah just like any day Bitcoin will be worthless
See something?
>Trust is irrelevant, Turkey and Argentina have high inflation because they inflate the supply too fast.
Completey wrong, trust is the most important factor. The german inflation of 1945 for example was completely because of lost trust, while during the war there was almost no inflation. (yes 1945/46/47 we had another hyperinflation)
People hold on average 5 figs of their currency BECAUSE OF TRUST. If they would not be bag holding it would be worthless, and immidiately sold after recieving it and shortly before taxes bought.
You have a very wrong concept of currency backing.

>> No.57028627

>>57028559
>Yeah just like any day Bitcoin will be worthless
It is inherently worthless, and whether people want to pay for it is a separate thing. It depends on hard to predict hype.
>If they would not be bag holding it would be worthless
that's mathematically impossible
so everyone sells all dollars immediately
prices go up the first time it happens
now they have to buy again to pay taxes (it's not even a single event, it happens continuously)
prices go down, even if less
what happens is no inflation after the first event - because the situation is stable.

Trust is irrelevant. Inflation comes from either the backing shrinking (economy going down -> taxes go down) or inflating the supply faster than the economy grows.

>> No.57028682

>>57028627
Dollar is also inherently worthless
You can eat it etc
>>57028627
>that's mathematically impossible
Kek no. Its not a mathematical question. If nobody wants to buy it has no worth.
No holders = worthless
They could half the supply and it would be worthless
Ok buy before taxes, pay them, then the government spends it and the reciever dumps it again
>happens continuously
Its a fucking 20 trillion market cap currency and the usa gets 4 trillion in taxes per year. If nobody holds the marketcap would plummed
Also taxes are primarily backing the government, NOT the currency

>> No.57028696

>>57028682
*cant

>> No.57028697
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57028697

>>57028311
Dullard. Core to Money is the store of value, but of course you can't actually store value. So how does money accomplish this function? By being a difficult thing. If I only trade my goods and labor for something I know is difficult to produce/procure, I stand a good chance of being able to trade that thing for roughly what I paid for that thing in goods/labor. I am storing the value dispersed within the economy. It should be obvious that while any difficult thing can be money, only some will be well suited and very importantly, have the network effect, to develop significant monetary value (premium over it's difficulty cost). Bitcoin is simply better Money than what we're had available, gold & equities (Equity Premium "Puzzle" is the product of partial monetization of equities post-gold standard). Network effect guarantees BTC will be The Money as it's the oldest and most difficultest, BTC will continue to grow because economic calculation is enhanced by having a good Money (price carries information, fixed unit of account reduces variables) and a good Money needs a large capitalization.

This halving will be the beginning of hyperbitcoinization, as it marks the inflection point where BTC's inflation rate permanently falls well below that of gold's mining inflation (2%). BTC will stand alone as the hardest Money, at all points after this halving BTC will only ever be a better and better fixed unit of account.

Notice that Gold value is driven by demand for it's Money (store of value) properties, not industrial use demand, in a large enough crisis all Monies lose most/all value as their value is network dependent.

>> No.57028732

>>57028076
Infra went down 2 days ago and tanked a ton of their coins lol what a magical piece of technology

>> No.57028801

>>57028383
Dollar is backed by the U.S. military and oil, not 'taxes'. Argentina's population pays taxes and yet their currency is essentially worthless.
You can say that BTC is backed by the amount of power needed to generate more. It's also institutionalized on some level, and in the minds of younger generations it's seen as a concrete store of value.
I don't really see it going anywhere, but we'll see.

>> No.57028825

>>57028682
>Dollar is also inherently worthless
It's a claim on real wealth conditional on the ability to enforce them.
>If nobody wants to buy it has no worth.
Taxes are compulsory.
>Its a fucking 20 trillion market cap currency and the usa gets 4 trillion in taxes per year.
It's actually 8 trillion (37% of GDP is government spending), but it's irrelevant because at worst it would be a one time event. So people 'stop trusting'. Prices only go up once.
Backing by taxes creates backing by all private debt denominated in usd, but it's a second order effect. Ultimately the whole thing starts with taxes. You need usd to pay tax, so you borrow in usd. Now usd is also backed by that debt.
It's a really well working system. Unlike the retardation of gold which forced the whole economy to rely on some arbitrary metal, backing of fiat currency is the whole economy.
>Ok buy before taxes, pay them, then the government spends it and the reciever dumps it again
yes. And? How does that create inflation by itself? One time change - yes, but after that, no.
>>57028697
Money isn't defined by what people think it is, it's a structural property. ISK has less daily users than even dogecoin, but it's money.
Bitcoin isn't backed by anything so it can never function as money, even if literally every single human on Earth thinks it is.
Without a backing, the price is unstable. With unstable price nobody will borrow a btc denominated debt for a normal investment (like eg. a factory), which is the main function of money. They will borrow something else - that either has inherent value or is a proxy to one.
Assets that people borrow for investments function as money. Bitcoin can't.
>>57028801
>Argentina's population pays taxes and yet their currency is essentially worthless.
It's inflating because they are inflating the supply way too fast.
>You can say that BTC is backed by the amount of power needed to generate more.
By that logic shit is backed by food.
It's the opposite of backing.

>> No.57028867

>>57028825
Taxes dont back the dollar value tho, taxes go into the government pool and then are redistributed to foreigners, israel, ukraine, etc etc which spends it again. Its a redistribution scheme no backing scheme
M2 is the marketcap, and no way its backed by taxes (wrong anyway since the government spends it again)
Its a complete trust based system, with the help of enforcement to make it seem real backed
>How does that create inflation by itself?
Nobody wants to hold means no buyers means less worth

>> No.57028880

>>57028117
this is literally backwards

>> No.57028881

>>57028825
>Assets that people borrow for investments function as money.
Wait, you can borrow bitcoin/crypto on the Ethereum chain. So after all you say crypto is money kek

>> No.57028896

>>57028311
>It's not backed by anything
technically it's backed by energy, but the idea something needs to be "backed" by something is an inherently jewish lie perpetuated by central banking shills

>> No.57028960

>>57028867
>Its a redistribution scheme no backing scheme
You're getting close to how it works. Taxes make the dollar go up. Spending makes it go down.
Which means by controlling taxes and spending desired inflation can be achieved (even deflation).

Imagine what would happen if the government stopped spending and only collected taxes. What happens to the dollar?
>>57028881
What? It's not about the legal capability, but whether someone would borrow eg. 1BTC to start a restaurant, having to pay back 1.05BTC in a year.
Nobody sane would, in fact nobody sane would lend. If price of btc goes up a lot debt becomes impossible to pay, which means it will be paid only as fraction in a bankruptcy. If it goes down then lending makes even less sense, because it's better to sell bitcoin instead of lending.
It just doesn't work, for both sides, and will never work no matter how popular bitcoin is.

>> No.57028964

>>57028825
Money's value is how well it functions as Money (store of value). Gold would not trade at $2k/oz if industrial demand was an there was, but gold is a good Money (one of the best natural monies), so monetary demand has ballooned it's price. Likewise, AAPL is not worth 32 pe based on fundamentals, but AAPL will not fall as it has acquired significant money (store of value) quality.
>muh volatility
An artifact of being far from full capitalization.

>> No.57029005
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57029005

>>57028960
How many paper scraps, how many grams of shiny rock, how many ones and zeros MUST you have to build a factory? None, of course, you need resources, not money to do things, money isn't a thing, it's a unit of account. "Hoarding money" does nothing, absolutely nothing, as you haven't removed anything real, monetary expansion is however always parasitic, for what is created when new money is created other than a new fraudulent claim on existing resources?

BTC is a fixed unit of account, Trustless Money, we can finally measure all by all, there is no way to guarantee more BTC by holding BTC. Hyperbitcoinization has already happened, the world just hasn't realized yet. There's no need to use BTC as common currency to fix systemic economic calculation, as everything can be measured against BTC, and BTC can only be acquired through voluntary trade, as such we can use the whole of global finance as our 'L2'. The magic of economic solutions is you neither need to believe in them, nor understand why they work, for them to work.

>> No.57029006

>>57028964
>Money's value is how well it functions as Money (store of value)
Incorrect, the main function of money is being a unit of account. That's why there are USD-denominated debts that don't even use USD directly.

Gold is partially an old ponzi, it's not money either. The main demand is for jewelry btw.
In the past it was gold that was backed by the economy, which made gold a form of money. The moment America went off the gold standard, gold stopped being money.
>An artifact of being far from full capitalization.
The entire M2 of Icelandic Krona is $13.3B but it actually works as money.
Volatility comes from no backing which makes it inherent.

>> No.57029007
File: 82 KB, 193x301, 6m857698m568m556.png [View same] [iqdb] [saucenao] [google]
57029007

>>57028047
>tokennomics
if you find yourself using this word, understand that you are coping

>> No.57029047

>>57029005
>How many paper scraps, how many grams of shiny rock, how many ones and zeros MUST you have to build a factory?
Exactly, which is why USD works, because it's backed by real wealth.
Bitcoin doesn't because it isn't. You have to hope you can scam someone into giving you real wealth in exchange for worthless tokens.
>There's no need to use BTC as common currency to fix systemic economic calculation, as everything can be measured against BTC
what does that even mean. That's true for literally everything.
basically you said it's not relevant if anyone uses btc for anything. Ok?

>> No.57029075

>>57028960
>Taxes make the dollar go up. Spending makes it go down.
>Which means by controlling taxes and spending desired inflation can be achieved
You are getting close aswell
They spend way more then they get taxes so they make dollar go down only
But trust holds it up
Its NOT a mathematical equation.
>>57028960
Well i lend Ethereum for years with nothing happening kek

>> No.57029084

>>57029047
>Exactly, which is why USD works, because it's backed by real wealth.
No its literally not
And its worse then Bitcoin, its controlled centrally and they keep minting and dumping new coins, stop defending that
They moment nobody buys anymore when they dont need (people do that now) its worthless

>> No.57029099

>>57029007
>>57028221
>muh its all narrative
Its real deflationary with millions burned more then created every day currently
That has real impact eventually

>> No.57029112

>>57029006
>fiat works as money
No, it works as currency (transactional media), not Money (store of value)
>main function of money is being a unit of account.
Which requires it to be a store of value, or more accurately, units of account are good stores of value as to be a proper unit of account it must have fixed/constricted quantity
>Gold isn't money
Funny how gold has 45x (despite 2% mining inflation) since '71 while the USD has expanded by that same factor. But keep telling yourself Money isn't Money.

>> No.57029113

>>57029075
>Its NOT a mathematical equation.
Again, what happens if spending goes down but taxes don't? What if American government literally deletes most of dollars it receives?
USD goes up, you can't contradict that. That means it's backed by taxes.
>Well i lend Ethereum for years with nothing happening kek
People borrow ethereum to do eth denominated things, like staking.
Nobody borrows eth to make a factory.
>>57029099
It's true ETH has a PE, but the issue here is that fees come from ponzi demand. If ethereum was used for real economy then it would be a different case.

>> No.57029134

>>57028075
Fr sounds like the most pyramid scheme culty shit. Even if it's not you don't give it a name like that if you want it taken seriously.. altho that doesn't really battery in crypto, people will buy anything

>> No.57029152

>>57029112
>No, it works as currency (transactional media), not Money (store of value)
You're redefining words like a leftist.
Money and currency is the same thing. It's supposed to be relatively stable which makes it work well as a unit of account. It has to be relatively easy to transfer. It's not supposed to hold value over the years.

Borrowing for unrelated investments is the real test. Does anyone borrow 1kg of gold, promising to pay back 1.05kg, and build a factory? No. Therefore gold isn't money.

>> No.57029186

>>57029113
>Again, what happens if spending goes down but taxes don't? What if American government literally deletes most of dollars it receives?
This is 100% theoretical since this will NEVER happen.
The reality is and will be the opposite so it requires trust to not go to 0.
>eth
Most comes from ponzi yes. Maybe it will change. But for now Ethereum as it real has a PE as you say and is in theory therefore also a good investment

>> No.57029189

>>57029047
>what does that even mean.
It means the systemic economic value of Money is the information encoded in the price, BTC is in use chilling in a cold wallet just as gold is in use sitting in a vault.

>> No.57029230

>>57029186
>This is 100% theoretical since this will NEVER happen.
The point is spending from taxes controls the price. If deleting everything would moon usd, then there's a balance point between spending and taxes that allows for the desired price to be achieved.
Issuance increases the circulating supply, taxes decrease the circulating supply, government spending increase the circulating supply again. Two levers to increase the circulating supply and one to decrease.
>>57029189
doesn't mean anything. You don't hold real wealth because you need someone to buy btc from you.

>> No.57029299

>>57029230
>The point is spending from taxes controls the price. If deleting everything would moon usd, then there's a balance point between spending and taxes that allows for the desired price to be achieved.
>Issuance increases the circulating supply, taxes decrease the circulating supply, government spending increase the circulating supply again. Two levers to increase the circulating supply and one to decrease.
Fine and good
Thats the one metric
The supply inflation metric
But that doesnt mean the dollar is fundamentally backed by anything
And again it fundamentally needs bagholders, therefore it needs trust

>> No.57029373

>>57028170
lol etfs were priced in ages ago. you are going to get fucked lmao

>> No.57029629
File: 26 KB, 600x598, gq3q.jpg [View same] [iqdb] [saucenao] [google]
57029629

>>57028047
Look at this shit
We are almost back at the low yesterday while Bitcoin is 1500 dollar higher then that

>> No.57029697

>>57028047
If you havent moved to Avax by now i don't know what to tell you. Avax fixes the joke that is eth. HFSP i guess.

>> No.57029727
File: 14 KB, 626x371, scammy.png [View same] [iqdb] [saucenao] [google]
57029727

>>57029697
>hyperinflationary Roach scam thats been scampumped now after losing 95% of value
>isnt ghostchain for a moment
>higher fees then eth l1

>> No.57029753

>>57028311
>smart contracts could be used productively in the real economy

Not on a shit chain that doesn't scale. Bitcoin does smart contracts and it scales. Look into BSV.

>> No.57030047

>>57028311
Cope harder you faggot it’s so obvious you’re a 2021 era newshit considering your focus on MUH UTILITY. How’s that working out for you? The market is telling you ETH is dogshit and you actually argue it’s better than BTC? BTC is the ONLY crypto that actually matters in the long run and literally every single other coin exists purely to trade around with and pump and dump to increase ones stack of BTC. Get that through your head you stupid fucking NIGGER

>> No.57030082

>>57030047
BTC is objectively a worthless ponzi scam.
Ethereum has the theoretical potential to be used for something productive, but isn't.

>> No.57030119

>>57030047
kek based

>> No.57030206

>>57030082
You’re objectively wrong and bitcoin is objectively the #1 crypto and will remain so until the heat death of the universe

I was told your little shitcoin would be flippening BTC any day now? Why does the relative ratio to BTC continue to bleed to multi year lows? Please advise, you stupid faggot

>> No.57030323

>>57030206
Because people are buying more btc.
That doesn't stop it from being a ponzi.

>> No.57030414

>>57030082
>>57030323
your narratives are ancient at this point, so you must be a newfag if you think this shit sounds clever as opposed to being retarded cope indicative of you having no prior frame of reference for understanding bitcoin like every other latecomer normie. Another anon was spoonfeeding you truth but you just got triggered by it. Filtered hard. Just get rekt by shitcoins and then rage quit, it is your destiny.

>> No.57030995
File: 96 KB, 452x800, 1693085430305823.png [View same] [iqdb] [saucenao] [google]
57030995

>>57029152
>Money and currency is the same thing
False. Currency was made of Money, so it's understandable their meaning as been conflated in common use, but they serve very different economic functions.
>gold isn't money because it doesn't facilitate theft
Your brain on statism. Money holds value, that is why money has demand, if you replace the money in currency you have not reduced the demand for money (store of value), something will be used, that something will have properties that lend it to being Money, BTC has those properties, BTC will continue to serve this function to a greater and greater extent because it benefits both the holders of BTC and the superorganism Economy (by improving the efficiency of economic calculation by providing a fixed unit of account). There are no brakes on train, statist.

>> No.57031174

>>57028126
They can’t answer because they don’t understand what they’re investing in.

Just buy Bitcoin and hodl you fucking regards

>> No.57031235

>>57028311
These posts are the reason the board is going to shit. Peak mid curve take. We had a chance to be at the forefront of this Bitcoin revolution but human nature prevails and we instead get mid curve takes like this that have zero fundamental understanding of what brings value to the blockchain.

>>57028896
Hint hint, this guy is right

>> No.57031300

>>57028697
Based knowing anon. Rare comments like these give me hope

>> No.57031318

>>57028825
I’m starting to think this anon is just a troll. No one can be this ignorant. Or perhaps he’s just hopelessly brainwashed by modern monetary theory

>> No.57031347

>>57030414
Kek. It’s all so tiring. Good riddance to these souls

>> No.57031445

>>57028047
>tokennomics
kek this board was completely fooled by this concept

>> No.57031469

>>57029727
avalanche is currently deflationary while processing more than 6x ETH throughput kek

>> No.57031489

>>57029152
Borrowing is a random standard.
You know why people are borrowing dollar?
Because it's only going down

>> No.57031505

>>57031445
It's no concept it's extremely important long term

>> No.57031519

>>57031469
No it's not roach 700k unlocks every week and you boast about burning this in a month

>> No.57031526

>>57031505
>long term
exactly, and yet, what is OP complaining about?

>> No.57031576

>>57030995
>that is why money has demand
The only reason there's demand for money is because people are forced to buy. Money can't exist without a state that forces its citizens to buy it.
Natural trade would have thousands of different things being traded, according to needs of each party.
>There are no brakes on train, statist.
on what train? All bitcoin does is making people that believe in bitcoin poorer relative to everyone else. They are self-selecting themselves out of wealth.
Add all individual realized profits and losses on btc, the sum is an insane negative. Any individual profit is at the expense of another bitcoiner so it doesn't change the result, it's just redistribution.

At the end of it bitcoin bagholders hold worthless tokens while everyone else owns wealth that was given away.
Everything was already over, for the whole crypto in fact, if not for the etf. There were no greater fools left anywhere in current markets. ETF opened the last source: boomers. Will they buy? Maybe. Nobody left afterwards. True believers will hold forever, cucking themselves out of real wealth completely.

>> No.57032224

>>57031526
Over the last year

>> No.57032464

>>57031576
>The only reason there's demand for money is because people are forced to buy
This is just blatantly wrong and i explained it so much and you never argued against it but you keep proclaiming its true
The AVERAGE guy has 5 figures of currency in his bank account nobody forced him to buy or hold, he holds it because he trusts.

>> No.57032713

lol why would bitcoin extremists and ethereum extemists even care about eachother? they benefit from eachothers existence.
dumb tribal monkeys

>> No.57032868

>>57028075
this, and vitamin was dumping just a few moments ago on coinbase

>> No.57033151

>>57032713
I defended Bitcoin here
Tell that to some maxipads

>> No.57033243

>>57028047
eth is being set up to just blow up one night while everyone is asleep and least expecting it making it the most hated rally of the history of crypto, mark my words

>> No.57033470

>>57031519
>700k unlocks every week
kek

>> No.57034553

>>57029230
>musk has no wealth because he only holds a legal claim on his companies
The absolute state of statist

>> No.57034614

>>57028047
vitalik has unironically been dumping

>> No.57034760

>>57031318
Honestly almost seems like an AI bot, I make extensive use of the term "unit of account" but I just made the term up because it describes what I'm trying to convey, that Money is more unit than thing, I don't think it has any Economics pedigree, yet this "anon" made use of it earlier like it was a common term

>> No.57036553
File: 52 KB, 872x310, sassal everyone vaxxed.png [View same] [iqdb] [saucenao] [google]
57036553

>>57028047
ETH maxipads BTFO

>> No.57036599

>>57034614
lol it already came out that he donated it to charities. your fud is old and musty, you need to get your routine updated.

>> No.57036644
File: 627 KB, 1196x636, Vitalik.png [View same] [iqdb] [saucenao] [google]
57036644

>>57036599
checked and rekt seething ETH baggies

>> No.57036674

>>57036644
>>2017
lol reverting back to previous subroutine because your latest programming has been exposed as another lie
gg

>> No.57037458

>>57033243
I hope so

>> No.57037483

eth is gonna boom late it always does
fucking new fags
enjoy buying my bags at 10k

>> No.57037562

>>57037458
It always did this time wont be the exception

>> No.57037616

>>57028047
maybe it's because it has bad tokenomics and it's bad money
oh wait it is

>> No.57037619
File: 14 KB, 225x225, bencowen.jpg [View same] [iqdb] [saucenao] [google]
57037619

>>57028047
>bleeding against Bitcorn
0.088 was the top, it hasnt gone below 0.049, less than a 50% IN TWO FUCKING YEARS.
seriously bro, your retardedness hurts.
>t. sold 3.3 eth for btc to buyback lower because it was gonna "BLEEEeeeEEEEeeeDDD" against btc. still waiting.

>> No.57038344

>>57032224
>a year is long term
topkek

>> No.57039812

>>57037619
>single unique pump against BTC
Just King Shitcoin. Remember when BTC futures ETFs hit the market and despite futures being a shit hold the ETF was still the fastest to $1bn AUM in the history of ETFs, and then ETH futures ETFs were approved and demand was so anemic that ETH shit the bed for months? Pepperidge farm remembers.

ETH is a joke, "crypto tech" has no value as the marginal cost of it is zero, price WILL approach this in-the-limit, BTC's value is that it's BTC, the first, the oldest, the most compute intensive, it's network value, not tranny tech value, nothing but BTC will ever be BTC. Get out of ETH before the ETH spot ETFs hit, as they are going to kill the entire alt market

>> No.57040899
File: 889 KB, 1111x597, wz35.png [View same] [iqdb] [saucenao] [google]
57040899

>>57028047
ITS LITERALLY NOT STOPPING

>> No.57041005

>>57031576
> Money can't exist without a state that forces its citizens to buy it.
Imo, the big deal about BTC is precisely that it challenges this convention. It CAN be used as money. It already has been, in its infancy. It CAN be used a store of value. Don’t think of BTC in terms of narrative, just think of it for what it actually is. The worlds most secure ledger, independent from any single source of control, tracks a unit called Bitcoin. That’s it. As it grows and evolves, we’re finding ways to use it, but I think a immutable ledger that can’t be controlled by any entity, organization, or institution is a vablur tool we’ve never had before. That’s why the narrative evolves imo - we’re finding ways to use.

>> No.57041997
File: 919 KB, 1012x1024, 1633900254002.png [View same] [iqdb] [saucenao] [google]
57041997

>>57039812
>they are going to kill the entire alt market
S-SSTAAAHHPP!!!
i can only get so hard...

>> No.57042131

>>57028514
what kind of adderall-induced disease mindset do you have if the 2 seconds confirmations on L2 trigger you? this isn't starcraft kiddo, there's no point mashing your keyboard 10 times per second