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

/biz/ - Business & Finance

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21308963 No.21308963 [Reply] [Original]

BTC or ETH, and why?

>> No.21309028

>>21308963
ETH cause 99% of the market runs on it

>> No.21309079

>>21308963
ETH more room to go
10k$ sooner than you think

>> No.21309150

I don't have any BTC, but I feel like it's probably never a bad idea to have some in your portfolio. I think everyone should always have some ETH available whether its for trading or just holding.

>> No.21309159

>>21308963
1 BTC
32 ETH
1000 LINK

>> No.21309220

>>21309159
What should I focus on currently? I'm trying to incrementally add to my portfolio. I only have LINK right now.

>> No.21309325

>>21309220
BTC for value storage, it's dead concerning actual use cases. ETH for staking and for general potential to go beyond former ATH. Link obviously for the memes.

>> No.21309353

ETH seems incredibly undervalued

>> No.21309400

>>21308963
Realistically neither, but ETH if you were forced to pick between both

>> No.21309417

>>21308963
80/20

>> No.21309472

>>21309220
ETH if you want stability, LINK is reaching its (logical) peak so I woudn't keep putting more money into it as of now.

WAVES is doing some stuff, maybe PNK

>> No.21309572

>>21308963
The way I see it. ETH may be the biggest scam ever or biggest opportunity of a life time. BTC, is still one of the biggest opportunities of a lifetime and 100% not a scam.

>> No.21309728

>>21309572
Its hard for bitcoin to be a scam because there is jack shit you can do with it

>> No.21309831

>>21309400
This

>> No.21309927

BTC. The next bull cycle will be driven by hedge funds and institutions, they're not going to waste time with alt coins.

>> No.21309950

>>21309159
so you suggest 11k on bitcoin and 15k on link?

>> No.21310003

>>21309927
So they'd rather waste time with a volatile, speculative asset? There are a number of cryptos that would serve far better as a currency than BTC

>> No.21310011

>>21309950
this. btc will hit $100k in 2021. put 100k and be a millioner next year. easy money.

>> No.21310084

>>21310011
The only articles I read suggesting this were written in January before 'rona, do you believe it still applies now that investors are fleeing to assets considered safer? most people still don't trust crypto.

>> No.21310089

>>21309572
Bitcoin actually is a scam. The supply cap is a meme and is unsustainable. Miners will abandon that shitchain as soon as they don't get enough rewards. Transactions aint enough to cover it.

Anyone with half a brain knows this but it's still shilled as hard money because they're trying to scam dumb people.

>> No.21310129

>>21310089
Does ETH have genuine use cases that give it a clear advantage over BTC?

>> No.21310296

>>21308963
25% ETH
25% BTC
25% silver
25% gold

>> No.21310321

>>21310003
I'm not saying what they should do, this is what they are already doing. Look at Paul Tudor Jones, MicroStrategy, etc.

>> No.21310412

If you want stable gains, go BTC all in. Ortherwise you can go 75BTC/25ETH, 50BTC/50ETH or even 75ETH/25BTC.

>> No.21310450

>>21308963
soft BTC

>> No.21310527

>>21310129
The whole reason eth was created was for smart contracts, that is what sets it apart from bitcoin

>> No.21310712

>>21310527
Imagine not knowing about RGB, kek. 2017 called.

>> No.21310718

>>21310527
Apologies anon, I'm still quite new to trading; I bought into LINK for it's smart contracts, does ETH have an advantage only in terms of brand recognition?

>> No.21310781

>>21310089
>Transactions aint enough to cover it.
at the current price, with an average of 1.3 BTC per block in mining fee, it's about 15k
YOU CAN DEFINITELY FIND MINERS WILLING TO MINE A BLOCK FOR 15K, DIFFICULTY WILL JUST ADJUST
NOTHING TO SEE HERE FAGGOT

>> No.21311033

>>21310781
You are an absolute brainlet. Difficulty adjusts to changes in the hash rate. So a fuck ton of miners will leave the chain as rewards are not worth the cost of electricity, hash rate will drop towards zero, difficulty will adjust, congrats you've got a centralized chain where people with the benefit of economies of scale (i.e. a high number of mining rigs) are the only ones left.

>> No.21311403

>>21310718
ethereum is a blockchain network that lets you run smart contracts (basically just a fancy name for scripts) in a distributed manner. You need to pay ether (ETH) to send transactions and to run the smart contracts. The ethereum network supports the ability to send other tokens, these are called erc20 tokens. LINK is one such token.

What chainlink does is allow external data to be sent into these smart contracts, and pays LINK tokens as a reward to the nodes sending this data. However chainlink could be used with any blockchain, not just the ethereum network. But for now it only works with ethereum.

ETH is necessary to have to send anything on the ethereum network

>> No.21311771

>>21311403
Right, I understand. So Etherium is where the infrastructure is whilst LINK is a really just an exchange medium?

>> No.21311961

both you utter maggot

>> No.21311990

>>21311771
It's essentially just a tool for decentralized app developers. Before a developer would need to write their own oracles to use external data which would take months or years. With chainlink the oracle stuff is taken care of, they just integrate it into their project seamlessly

>> No.21312204

>>21309572
Wow thanks for narrowing it down.

>> No.21312491

>>21311990
Do you think LINK will remain the monopoly on this long term, or developers will catch up and it'll lose its USP?

>> No.21312718
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21312718

What about this s2fx model? Is it going to fall apart before the next bull run or do you think it will still be valid?

>> No.21312994

>>21309220
4 best are XMR, BTC, ETH and LINK

>> No.21313046

>>21309325
And monero for private transactions.

>> No.21313099
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21313099

>>21309572
agreed.

>> No.21313119

>>21311990
and then when the companies start using it, oh boy.

>> No.21313220

ETH. You can do way, way more with it, it's hardly even comparable.

The only advantage of Bitcoin is that is it more tried and true and stable (feature- and robustness-wise), which can make it appear more secure and trustworthy. But ETH is really not that far behind even in that regard.

>> No.21313686

I don't understand why the price of ETH isn't going up. Isn't new money entering the market from people chasing DeFi shit? Is it all getting sold by scammers?

>> No.21313808

>>21313686
Its too big already. Money is flowing into smaller alts because its easier for those to pump 10x.

>> No.21313896
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21313896

>>21308963
BTC will never rise above $12K. It's stunted. No room to grow and is repeatedly crashed by whales.

ETH, LINK, KNC, and XTZ are the future

>> No.21313963

>>21313686
Also the fees are crazy high right now. Who is getting all those fees?
Miners do and they sell it all. Block rewards + gas fees as constant sell pressure.
ERC20 token have less frequent sell pressure. Sergey is dumping 500k batches from time to time, but when he doesn't the price just moons.

>> No.21314122

>>21313808
Maybe it's just /biz/, but aren't most of those alts on the Ethereum network? People are buying Ethereum to buy their DeFi shit coins, yet the price isn't moving. Is the price already so high that millions of $ worth of ethereum being thrown into locked pools won't affect the price?