Could this be the fabled Golden Bull Run?

[Anonymous No.27842634]

https://cointelegraph.com/news/gas-fee-proposal-could-create-positive-feedback-loop-for-eth-price-grayscale

In 1876 economists and mathematicians theorised the existence of a economic-ecosystem that had reached a form of transcendence - creating an endless positive feedback loop. They proposed that such a system entering this state would begin what they called the Golden Bull Run. Various mathematical models were created to show what this Golden Bull Run would look like.

Through my PhD research I believe Ethereum may be entering the early stages of a Golden Bull Run. In this stage early investors could potentially earn an endless supply of wealth - as the system generates tangible wealth rather than just moving it around.

Economists believed that the slow nature of the stock market meant that harmful players could sabotage the emergence of the Golden Bull Run before it could get started. However it looks like the extremely fast paced nature of cryptocurrency means it is not susceptible to these types of attacks.

If I am right we could see something never before experienced in the history of the universe. Hold on while you can - takeoff is imminent.

[Anonymous No.27842734]

Could it be a... new paradigm???

[Anonymous No.27842878]

>>27842634
What is this bulshit, "economists and mthematicians theorised". its not theory, anyone thats been in crypto for more than a few weeks knows about the golden bullrun thats currently taking place.

[Anonymous No.27842907]

>>27842634
Sell signal if I ever saw one.

[Anonymous No.27843105]

>>27842634
There is one problem I always see with this. If the price appreciates too much, it doesnt make sense to spend or even use ETH because you're just wasting future gains. If use declines, there is no pump in the price because of the reduced fee burn. While it would make a positive feedback loop for a while, eventually people would realize they would be wealthier if they just never used the system and held the token, just like BTC. Except, holding it just like BTC will eventually lead to no fee burn but high inflation due to staking rewards suppressing the price.

I think the positive feedback loop would go for a long time so its still mega bullish, but it would certainly not be infinite.

[Anonymous No.27843336]

>>27843105
you have to use it to interact with DeFi. but you also have to hold to stake

[Anonymous No.27843528]

>>27843336
Who needs defi if you're in an endless feedback loop of price appreciation though?

[Anonymous No.27843817]

>>27843528
there are always potentially larger gains in DeFi. eth has gone up 1600% this year and people are still packing into DeFi instead of just holding eth

[Anonymous No.27844009]

>>27842878
hello new fag
go back to gmeddit
goodbye new fag

[Anonymous No.27844052]

ETH will probably hit 20k one day. At that point I could just live off the interest it generates.

[Anonymous No.27844087]

>>27842634
Fake and gay.
But I do counter to you, why wouldn't ETH overtake BTC?
Bitcoin is essentially useless for finance or anything else, being first mover and networks effect...sure, but the market has to get back to fundamentals at some point.
Would ETH be the coin for that?
Also on the negative I geard ETH pump is only due to high gas prices.
Once gas prices drop so does coin.
I was gonna yolostack 30k into eth as my first cryptoinvestment, but now I am thinking ADA or XRP.

[Anonymous No.27844302]

>>27843817
I suppose I get that. I just get spooked with this talk of endless positive feedback loops. While its a fun theory, these have never happened in any economy in the past. At some point, things wind down because at the end of the day, ETH, and all crypto for that matter, are just abstractions of the real economy. You have to sell at some point for real goods and services and the price cant keep going up forever.

[Anonymous No.27844384]

>>27844087
I'm about 10:1 ETH:ADA.
Though I YOLO'd 5k in ADA when it was 33 cents like last week and I'm kicking myself for not doing more.

[Anonymous No.27844472]

>>27844087
ETH will certainly pass BTC. It almost happened in 2017.

I bet the flippening will happen next year

[Anonymous No.27844518]

Massive sell signal

[Anonymous No.27844521]

>>27842734
What this guy said. Somebody post the bullrun meme chart.

[Anonymous No.27844595]

>>27844302
endless positive feedback loop is bullshit, but there is no doubt that EIP1559 will be bullish for ETH.

[Anonymous No.27844657]

>>27842634
should I all in ETH?

[Anonymous No.27844676]

>>27844384
I have very little money, but I am ALL IN on ADA. I believe that either ADA or PNK will kill ethereum within a few years if the gas problem remains unfixed. Haven't they been saying ETH 2.0 will be out for years now? IMO Cardano is by far the most legit, they do not push out messy work like PNK and ETH do.

[Anonymous No.27844875]

>>27844087
Why wouldn't silver overtake gold when silver has more industrial usage?

[Anonymous No.27844905]

>>27844087
>ADA
>XRP
>only getting to crypto now
This all checks out. I understand how someone completely new to the space would think those two coins are worth investing in.

[Anonymous No.27844991]

>>27842634
Copy pasta from October.

[Anonymous No.27845061]

>>27844676
>poor
>thinks ADA is good
This checks out

[Anonymous No.27845129]

Could OP be... a faggot?

[Anonymous No.27845184]

“If activity increases and the supply of Ether decreases due to burning, a supply and demand curve would indicate an increase in the unit price of Ether because each unit would need to satisfy a greater proportion of economic activity. If EIP-1559 is implemented, it would institute a consumption mechanism that should serve as a positive feedback loop for Ether’s price.”

[Anonymous No.27845225]

does anyone have the pic of vitalik as a girl

[Anonymous No.27845408]

lynch all miners opposing this shit fucking cucks

[Anonymous No.27845422]

>>27842634
>Through my PnD research
FTFY

[Anonymous No.27845778]

>>27844087
I think ETH *may* overtake BTC someday just due to derivatives being such a huge potential market, but I highly doubt that BTC stops being wildly successful and the more trusted "money" vs. other cryptos including ETH.

ETH by its nature competes on technology and utility. This is great, but technology and utility can and probably will be eventually replaced. Its already seeing fierce competition and if the defi bubble has shown us anything, systems based upon APY attract a user base that is very much not loyal and willing to move somewhere else if it means higher returns. Once smart contracts start being deployed on ADA, DOT, AVAX and others that offer similar functionality, I would not be surprised to see ETH start to split some of its dominance among other chains even with ETH's massive head start. BTC has unique origins and trust that has been built up over time that ETH does not eclipse. BTC has a special place in crypto no matter what regardless of which coin has the top market cap.

Its like recognizing that the nasdaq has more total value than all of the gold, but that doesnt stop people from viewing gold as a potential safer place to store your value (for some folks).

[Anonymous No.27845818]

>>27844905
XRP is dogshit and will never be worth anything in the future.

[Anonymous No.27846071]

>>27845778
First Eth needs to prove its better than competitors.

[Anonymous No.27846502]

>Money makes profits
>Profits are money
>More money more profits
>More profits more money

Seriously tho Eth lost 40% market domanance in 2020

[Anonymous No.27846819]

>>27846502
Lost some market dominance, but 90% of crypto is built on eth.

[Anonymous No.27848456]

>>27843528
Exactly