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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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20974413 No.20974413 [Reply] [Original]

Buy Tezos while it’s still super cheap. It’s Ethereum 2.0 but already here, with governance to prevent forking, more security, and many other features.

>> No.20974471

>>20974413
Tezbro here. Market cap is 1/20th of Ethereum. It’s a no brain decision IMO, only reason it has value is the same reason bitcoin has value.

>> No.20974493

Based
Tezos till bezos

>> No.20974529

>>20974413
Huge accumulation going on for XTZ. Keep staking forever - the digital Euro is here!

>> No.20974611

>>20974413
I started blowing my money on it 2 months ago. I'm enjoying all the free steak watching the price crab around while everything else goes batshit. Feels good.

>> No.20974639

I don't have any more fiat to play around with.

Should I put some of my ETH money into Tezos?

>> No.20974706

>>20974639
It’s a good investment. Tezos has no transaction fees, 6% APY staking (so like mining but not wasteful), and it’s going to replace Ethereum at this point. Their transaction fees have gone through the roof and Ethereum 2.0 has been a super slow rollout.

>> No.20974735

Does it scale ? Or no

>> No.20974763

>>20974706
And a bunch of nodes are going live in China soon.

>> No.20974810

>>20974735
What you mean by scaling

>>20974706
ETH 2.0 is sad. It’s a blatant ripoff of Tezos but just slowly rolled out while it pretends to be innovative

>> No.20974878

>>20974735
It does. It can't be mined because it uses proof of stake instead of proof of work.

>> No.20975078

>>20974735
This will provide unlimited scaling and privacy - upgrade will be complete within 4 months

https://medium.com/tezoscommons/a-closer-look-into-zkchannels-90c8a88e90cf

>> No.20975184

>>20974413
what's a make it stack?

>> No.20975249

>>20975184
As much as you can hold brother. The more you hold the more coins you’ll bake, and the richer you’ll be. I’d just trade half or more of your Ethereum into it. ETH is dead

>> No.20975352

>>20975249
Based xTz ID. I'll try and double my stack. I bought 400 of them when it was 1.5~

>> No.20975444

I have 1009 and I'm getting roughly 5 xtz per month. About $15 worth, but that's at the current price. I have a monthly auto buy for $50 (I'm poor lol) I'm treating it like a savings account. It's a long game for me, but I still win if I can no longer afford it in the future.

>> No.20975460

>>20974413
Damn that ID could not be more based

Buying now thanks anon

>> No.20975500

>>20975460
I'm jealous. I've had a blue id in every thread except this one

>> No.20975675

Shills itt

>> No.20975726

>>20974413
I think I just screw up and bought 100xtz.

how fuck am I

>> No.20975754

Tezos also has sol2ligo. It lets solidity translate to tezos basic language. So let’s say you have a program written for eth in solidity, we will call it, uh, fencelink, and say we want to translate it to tezos cuz it’s faster, multi language, easy to program. Well bam, slam it into sol2ligo and you get it for tezos. Just saying.

>> No.20975815
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20975815

shitcoin with 0 users and 0 devs
its only use, staking, is now irrelevant when you can get 5x the yield farming literally anything on ethereum defi

>> No.20975850

This is a shill thread with rampant samefagging.
That said, buy XTZ.

>> No.20975866

>>20974413
if its already on normiebase than its already priced in and riding the bull market not leading it

>> No.20975928

>>20975726
You’re set bro. This thread is based

>> No.20975966

>>20975866
>>20975815
>seething

>> No.20975996

remember when LINK was $4 and Tezos was $3 and now Tezos is $3 and LINK is $9.25 lol dab

>> No.20976025
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20976025

>>20974413
Tezos is a good defi play with a higher beta than ETH with 1/20 of the market cap...... with staking already implemented.
It's a no brainier at this point. And the Euros treat it like /theircoin/.

>> No.20976036

>>20975850
Having a discussion is not samefagging.

>> No.20976062

>>20975996
Swing LINK to XTZ you mean

>> No.20976223

>>20976062
/thread

>> No.20976230

Tezos is a literal ghost chain. Your staking 'returns' are from inflation, not usage. You can get better returns from DeFi without worrying about whether anyone will ever use your chain lmao

The sooner Tezos holders learn that, the better for them

>> No.20976263

>>20976230
Yes, so that’s why the price is going up? And mining bitcoin is inflation too?

And when ETH 2.0 comes out, it’s inflationary too? You’re dumb

>> No.20976426

>>20976230
Read some news, man.

>> No.20976448

>>20976263

Everything's going up, dumbass. But DeFi is gonna outgrow Tezos for sure. I tried to warn you/

ETH 2.0 with EIP 1559 = 0.5% inflation per year vs 5% on Tezos. The difference is that staking returns will come from actual usage rather than inflation on an empty blockchain

>> No.20976559

>>20976448
Okay loser. Keep your hopes up for an update that’ll never arrive

>> No.20976569
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20976569

>>20976426

Ethereum blockchain

>> No.20976594
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20976594

>>20976426
>>20976569

Now compare that to Tezos. Can you spot the difference?

>> No.20976601

>>20976448
>DeFi is gonna outgrow Tezos for sure
Ah yes. The good old ICO vaporware era.

>> No.20976606
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20976606

>>20975754
>thanks ari

>> No.20976675

>>20976426
LINKY can't read.

Trust me on this one, they think and believe that rapid growth = market stability... best part of it is that there are greedy mofos holding to those $10, which is not going to hold forever

>> No.20976676

>>20976601

AMPL, LEND, SNX, and YFI have already offered superior returns to Tezos lmao. Willing to bet it gets overtaken by at least one DeFi project this run. stay poor

>> No.20976688

>>20976594
>>20976569
Blocks are completed less often? Your point is? It’s not widely adopted yet? There’s no fees on Tezos and it’s a superior technology. Keep bitching though

>> No.20976797

>>20976569
>>20976594

brainlet here, can you please simplify these so a pleb can understand, please.

>> No.20976806

>>20976688

Good point. And nano will overtake bitcoin any day now lmfao

>> No.20976843

>>20976676
All pump and dump scams. Fuck off shill

>> No.20976856

>>20976797

Ethereum = 1000+ transactions within one minute
Tezos = 21 transactions over 4 minutes

>> No.20976891

>>20976843

Damn. I feel bad for you. Guess not everyone can get rich

>> No.20977010

>>20974611
Enjoy triggering a 1099-k niggr

>> No.20977942

>>20974639
Yeah, all the ETH defi projects will be screeching to a halt with the huge fees. Soon Ehereum will be nothing but a platform to move USDT