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

/biz/ - Business & Finance

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2718475 No.2718475 [Reply] [Original]

Now that eth has bottomed, why arent you buying?

>> No.2718478

Because no one wants to Support Vitalik's Printing Press (Proof of Stake)...

>> No.2718484
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2718484

Because it bottomed yesterday and I did

>> No.2718491

>>2718478
I mean its up nearly $20, I guess some people just hate money

>> No.2718496

I'll wait for Bitcoin to fall over once more before I start calling ETH's bottom.

>> No.2718504

>>2718484
What do you mean you did?
You bottomed or you bought?
You took it up the ass or you bought?

>> No.2718509

I've been buying incrementally at every floor under 300, its literally free money at this point.

>> No.2718516

>>2718475
>bottomed
>downward trend

>> No.2718518
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2718518

>>2718504
All of the above

>> No.2718536

Because tomorrow is the weekend dump.

>> No.2718549

>>2718536
nah that's on late saturday / sunday most of the times

>> No.2718554

>>2718549
Either way better to wait for the coming dip. Buying now is pointless if you know the dip is coming

>> No.2718572

>>2718554
I bought at 252 so no pressure there.

>> No.2718592

>>2718554

You're an idiot, its 30% down from its peak, identical to every other time ETH pumped and re consolidated, this is the floor.

>> No.2718597

>>2718592
Hope and dreams. You are deluded son. Smart Contracts are the worst absolutely shit idea I have ever heard.

>> No.2718602

My first altcoin! Up 1000% can't lose!!!

>> No.2718617

>>2718597

>Hope and dreams

Just basic observations

>Smart Contracts are the worst absolutely shit idea I have ever heard.

Just because you can't understand and quantify emerging technologies doesn't make them bad anon :^)

>> No.2718626

>>2718617
It's fucking useless. No one needs an Anonymous way to Structure Payments. We have Centralized Databases that are WAY BETTER at that (also Audited)...

As for these other Horseshit reasons like "if the weather is..." ohhh dear lord come on. You can't even see a Practical Use for it.

>> No.2718642

>>2718626
This.

The problem is, the smart contract itself can be secure but when its based on an external factor it essentially becomes useless because it only takes the external factor to be compromised to make the "smart contract" meaningless.

Garbage idea with 0 (zero) actual real world uses. Snakeoil.

>> No.2719124
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2719124

>>2718475
Nice, just bought 100k!

>> No.2719146

>>2718475
>bottoming

more like leveling out then crashing, get out while you're still in the green

>> No.2719158

Because I bought some at 44 and I can't bring myself to buy at higher prices, it just doesn't feel satisfying. Talk me out of this paralysis /biz/.

>> No.2719161

>>2719146
any explanation to why you say this?
no troll, genuinely curious