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

/biz/ - Business & Finance

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23740046 No.23740046 [Reply] [Original]

>> No.23740087

>>23740046
And why wouldn't it?

>> No.23740111
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23740111

>>23740087

>> No.23740121
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23740121

>>23740087
Because it's bleeding just as bad, if not worse than any other shitcoin against btc

>> No.23740145

>>23740121
What happens when Bitcoin starts to get clogged again?

>> No.23740152
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23740152

>>23740111
>>23740121
Doubt at your own risk

>> No.23740195

>>23740152
THE-THE GREAT EVENT GUYZ. FOR REAL THIS TIME. MY UNPROVEN INFINITE INFLATION COIN WILL SAVE ME WWG1WGA!!!!!!!!!
Fucking retards, jesus christ.

>> No.23740210

>>23740195
Earth Controllers love commie coin. Cope more.

>> No.23740723

>>23740046
Load ze flippening thread

>> No.23740843

>>23740145
People dont care about that much anymore. Just think of the fees people were willing to tolerate on ETH during the previous DeFi bubble a few months ago. People were paying $100 for some transactions.

Who cares about $10 fees when people are buying something worth $15k. If people really cared there would have been more effort put into making lightning work.

People buy and sell stocks with $10 per trade and people are treating this more as a stock/gold purchase than as cash. Do you really send your BTC to anyone except yourself and an exchange? Fees are just FUD people who dont like Bitcoin like to spread so that their other coins pump more.

>> No.23740928
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23740928

>>23740046
> BTC $40 Billion, $2,400
> ETH $33 Billion, $360
> https://coinmarketcap.com/historical/20170615/
Look at the marketcap, it was so close in June 2017. ETH has done nothing but dump and lose value since then. That 70 million premine and 21 MILLION more ETH printed since then has meant dump dump dump. This is actually going to get worse with rewards on both POW and POS chains with ETH2. It might pump for a while but that's inflation on 2 chains

>> No.23740983

>>23740843
People were paying $50 for smart contract executions, not simple transactions

Bitcoin has the largest liquidity and is thus used by traders the most. Once arbitrage methods and sending between exchanges start to get too expensive, liquidity starts to drop, once liq starts to drop, traders will start to flee.

New retail wont come to BTC just to HODL it on Coinbase/PayPal and never move it.

>> No.23741629

>>23740046
it's guaranteed to flip bitcoin.

>> No.23741708
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23741708

>>23740928
>so close
mETH anons should get their cope memorial shirts

>> No.23741891

>>23740928
21 million ETH mined in 3 years? WTF. I read ETH was going to be deflationary with ETH2

>> No.23742077
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23742077

>>23740087
Because USDT needs to collapse first, its the only thing keeping it alive. They pump BTC only because it allows them to print more USDT to make up the price difference.Proof BTC has 3 times more volume yet BTC miners don't even earn half of what ETH miners earn FROM Transaction fees (not block rewards). Blockstream's lightning network takes TX fees away from layer 1 BTC miners just as planned.