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File: 345 KB, 2406x1546, eth hopium 2020.png [View same] [iqdb] [saucenao] [google]
16714406 No.16714406 [Reply] [Original]

What is this pattern called?

>> No.16714436

Pedophile cope?

>> No.16715330

this is a very underrated thread, i keked

>> No.16715338
File: 581 KB, 1600x1200, kCEOru1.jpg [View same] [iqdb] [saucenao] [google]
16715338

>>16714406
Ethereum to 10k...yeah sure anyday now

>> No.16715396

>three black crows on the yearly chart
>pedos: this is bullish

>> No.16715410

>>16714406
With proof of stake this is actually possible. Would not be surprised at all if it is indeed $1500 EOY 2020.

>> No.16715422

>>16715410
It's a meme, ETH works also at $10

>> No.16715430

>>16714436
>>16715396
>ETH is for pedos
Excuse me?

>> No.16715513

>>16714406
it's called "just redraw the lines dude"

>> No.16715540

>>16715430
No, there's no excuse.

>> No.16715552

>>16715410
Proof of stake is not coming in 2020

>> No.16715575

>>16714406
>can
>>16715410
KEK, oh yea, PoS has done SO well in the past. Not mention regulatory hurdles. Back after ICO people where commenting about how ETH was a conspiracy to bring down cryptocurrency. It's becoming ever more likely. People blindly accept things they don't understand. So many don't see that PoS will be control of the SEC & make adoption impossible. The only framework is PoW for regulatory freedom.

>> No.16715631

Is this a good time to buy eth?

>> No.16715635

>>16715396
3 black crows are supposed to have little to no shadow, not a lower wick longer than the body. They are also supposed to be wicking progressively lower each time.
You seem to have found the 3 red candles pattern though.

>> No.16715641

>>16714406
Watch it fall through that bottom meme line.

>> No.16715647

>>16714406
Zoom out

>> No.16715706

>>16714406
moon

>> No.16715711

>>16714406
>What is this pattern called?
meme lines

>> No.16715721

Ethereum is the only crypto used for its intended purpose rather than jonly speculative gambling. Even if that’s only limited to creating 1000 shitcoins and shitty dapps

>> No.16715729

>>16714406
>What is this pattern called?
The Bogdanoff shuffle.

>> No.16715732

>>16714406
adding ethereum to filters, have fun with the implosion

>> No.16715752

Yeah bro it's totally gonna go on another +40,000% run because of some lines you drew

It's definitely not wildly overvalued because of a speculative mania bubble or anything

>> No.16715828

>>16715752
not 40,000%

maybe 4,000%

>> No.16715839

>>16715732
BASED

>> No.16716843

BUMP

>> No.16716867

>>16714406
the "delusion"

>> No.16717765

>>16714406
Moon unironically confirmed

>> No.16717775

>>16715575
>So many don't see that PoS will be control of the SEC & make adoption impossible. The only framework is PoW for regulatory freedom.
What?

>> No.16717858

>>16715575
PoS has some valid theory behind it, but PoW is probably more sound in practice. Anyway, what's all this about Eth being a conspiracy? Satoshi left bitcoin to work on eth back in the day because it was the next paradigm - smart contracts. Smart contracts are something Satoshi knew about and wanted before bitcoin even came out, mind you.

>> No.16717900

>>16715752
You think a borderless DeFi economy currently valued at $14 billion is overvalued? Fed printed twice that in a single day. One Central Bank in one country in one day. ETH is undervalued by all metrics

>> No.16717974

>>16717775
PoS is a security & will be under the SEC. It's a security as it only has one source of production a 'common enterprise', its offers a monetary benefit.
PoW is a commodity and under control of the CFTC.
These regs are not just for Americans, they have similar rules in china and other countries. Hence why adoption of these ICO coins won't/can't happen, corporations can't use them.
PoW coins have ensured that they will not be banned. It's pretty well entrenched in the west/asia now. It would take a reversal at this point.
TL:DR The best, most Laissez-faire option for 'crypto' is in the hands of the CFTC/a commodity.
>>16717858
>PoS has some valid theory behind it
It certainly does, its the regulatory frame work (big government) thats the issue.
>Anyway, what's all this about Eth being a conspiracy?
Lets start with back then, EVERYTHING was a conspiracy to kill crypto/btc. It's just that this one, had traction. ETH was released as an ICO, a security. People where (correctly) saying the SEC could bust up ETH as it broke the series funding regs & even though it switched to PoW, the foundation of it aka the seed money was received outside of regulatory frame work. At the current time the SEC consider it under control of the CFTC, its PoW.
Also, please take into account that ETH was released in the summer of '15, but PoW hadn't been declared a commodity till the winter of '15. ETH like XRP is one of the ones that got away cause at the start of this 'crypto' break out no one knew what these 'instruments' were classified as.
>Satoshi left bitcoin to work on eth back in the day
Haven't heard this before, did a brief search turned up nothing. But anyways isn't Creg Satoshi?

>> No.16718073

>>16717974
>Regulatory framework is the issue
Fair, but how does the regulatory framework apply any differently to PoW? With PoS you still have a decentralized incentive structure enabling trustlessness, it just relies on a slightly weaker incentive: The assumption that your stake in the health of the network equals the amount you hold. They both result in an asset that can be securely held in one's possession and transacted, and both seem pretty much equally regulatable from the outside to me, but maybe I'm missing something.
>Craig
Nick Szabo is Satoshi Nakamoto.

>> No.16718136

>>16718073
>Fair, but how does the regulatory framework apply any differently to PoW?
This is actually a huge question, Have a look at:
https://digitalcommons.law.msu.edu/cgi/viewcontent.cgi?article=1003&context=jbsl
This is the 'guidance' they used to classify PoW as a commodity.
&
The howey test
>decentralized
People love to throw around this word as if it's 'decentralised' it makes a difference to the securities regs. These regs where written in the '30's, it wasn't even a consideration. In the above link they even speak about mining pools via the Winklevoss twins trust. Please have a look up of 'common enterprise' PoS is one aka a security.
>the rest
it really doesn't matter, part of the above link talks about PoW being a commodity part of it a currency, its both. But just by the use of the word 'miner' its a great word that shows what it is, work is be done (cryptographically). With PoS its just a lottery with a common enterprise & the offer of potential funds in the future (a security)
>>16718073
Nick Szabo is Satoshi Nakamoto
Yep, most likey, but desu I don't care.

>> No.16718157

2020 will be eths year

>> No.16718197

>>16718136
Interesting, so you're saying that because PoW intrinsically involves work, that makes it a commodity, whereas PoS does not?
>decentralized
Yeah that's my point - Both are decentralized but from the outside, regulation won't care - Aside from your point about work, regulatory bodies should classify PoW and PoS equally as they both result in a transactable asset regardless of implementation.

>> No.16718200
File: 70 KB, 1280x720, maxresdefault (2).jpg [View same] [iqdb] [saucenao] [google]
16718200

Is that....? Boys I think we have screeching arms developing

>> No.16718206

>>16718157
Fantoms year. Sorry you eth bag holders are going to be blown the fuck out

>> No.16718222
File: 89 KB, 1100x825, 5b9235bb5c5e5254548b59f5.jpg [View same] [iqdb] [saucenao] [google]
16718222

>>16718206
>oh look another fucking ETH-killer

>> No.16718226

>>16715410
>>16715631
>>16717900
>>16717974
>>16718073
>>16718136
https://cointelegraph.com/news/messari-ceo-ethereum-20-proof-of-stake-transition-not-to-happen-until-at-least-2021
top fucking kek

>> No.16718233

>>16718222
>he doesn't know
Checked though

>> No.16718235
File: 21 KB, 554x399, a2e34eeede473e77b42d17839fbe0033-imagepng.png [View same] [iqdb] [saucenao] [google]
16718235

>>16718226
Good, time to accumulate then

>> No.16718244

>>16718226
I'd rather wait one more year for ETH than to waste my time with a shitcoin like Fantom

>> No.16718253

>>16715338
80s digital aesthetics were so on point.

>> No.16718254

>>16718197
Please read the link, it's why I didn't write a whole bunch on this kinda complex subject, most won't read it/understand it.
>decentralized
>Yeah that's my point
It has nothing to do with securities regs, not in the way you see it. Securities regs look at the creation hence the 'common enterprise'
>regulation won't care
corporations that have to abide by these regs will though, hence why i'm saying it can't be used. the CEO doesn't want to get arrested now does he. If they can't use it, it's really going to affect adoption.

>>16718226
If ever...

>> No.16718266

the going flaccid bearish indicator

>> No.16718271

>>16718244
Tell me why its a shit coin without the usual copy and paste already debunked fud. I seriously bet you can't. I'll let you in on a secret. Fantom is downwards compatible with ETH. Don't believe me going look it up. It been tested and proven and making the switch is easy as 123. Why do you think it has partnerships and BRICS talks happening? Keep thinking its a shitcoin and you'll be poor
>>16718254
Yea I doubt it'll ever release.