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/biz/ - Business & Finance


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27850632 No.27850632 [Reply] [Original]

>10K ETH
Be real with me. Is this actually possible within the next few years? Are you currently still accumulating or just holding/waiting?

>> No.27850699

>>27850632
$10K is pure fud

>> No.27850774

I've been DCAing since 2016. $500 every 2 weeks. I am now a very rich man.

>> No.27850800

>>27850632
>10k
try $25k by October

>> No.27850798

I think $3k is very very optimistic. I'm going to sell off a shit ton if it hits $3k

>> No.27850854

>>27850632
it's happening this year. i don't have much ETH in my wallet because I think other coins will outperform it, but after I make it I'll be staking 32 ETH for passive income

>> No.27850903

Its quite likely. It gained 700% last year no reason it cant do it again with ETH upgrades on the horizon.

Especially when you consider that defi and staking is locking up tons of eth and taking them out of circulation.

>> No.27850969

maybe 10k gas fees

>> No.27851023
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27851023

>>27850632
just so you know
bitcoin reaching 500k even at current ratios would be a 25k eth
10k is fud in the same way youd think that xmr won't be 1000, everything just drags up naturally with btc anyway
will we exceed 0.05 BTC per ETH tonight?

i think so

>> No.27851055

>>27850774
you arent black, are you?

>> No.27851120

>>27850632
It will soon be back to 300$ which is what it's worth realistically. Keep being in delusion just like in 2017.

>> No.27851170

>>27851120
Good, I want to hoard loads of ETH and I want the gas fees to fuck off

>> No.27851192
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27851192

Unless something else catches fire, is a better tech, and ETH starts to look like the broken tech it is.

>> No.27851411

I think 10k is hard to predict but we're hitting $2.5k by March so who knows. I also didn't expect my aave to get inadvertently shilled by Jews and suicidal redditors and skyrocket but here we are.

>> No.27851466

>>27851170
that's my play too, I'll be in Algorand in the meantime

>> No.27851851

None of you expect a deep correction?
I bought ETH for less than 100€ not even one year ago. There needs to be a big correction eventually no?

>> No.27852363

>>27850632
10k is just a x6 from here. of course it will go there

>> No.27852446

>>27851851
no, check the price in 2017, went from 10$ to 1200

>> No.27852708
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27852708

$10k is fud

>> No.27853224
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27853224

>>27851023
>he thinks 0.05btc is the top

>> No.27854333

>>27851851
Maybe like 30%

>> No.27854429

>>27850854
kek imagine thinking you can find something better than 600% annual returns this year the absolute degeneracy

>> No.27854458

>>27850632
What worries me long-term is that Vitalik can just keep printing ETH if the price ever gets too high to be usable.

>> No.27854525

>>27850798
ditto. ffs i didn't think we'd hit $1700 until 2022. the miner sell pressure is insane right now

>> No.27854527

Just bought my first crypto~!!!!

$800 leaf bucks worth!

I am better than them doge and shiba bag holders.

>> No.27854653
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27854653

>>27850798
>I think $3k is very very optimistic. I'm going to sell off a shit ton if it hits $3k

>> No.27855129

>>27850632
old fag here... all I can say is that people called for 500$ eth when it was 20$ and people like you questioned if thats even possible.

well today its 1700 usd. I personally think were going way higher in august. probably between 6k-20k ( I know thats a wide range but this is crypto)

>> No.27855220

>>27850854
How much returns do we get staking 32 eth

>> No.27855255

>>27854653
woah his brain is an entire Bitcoin Block!

>> No.27855332

>>27854429
i can and i am a degenerate
>>27855220
it depends how much is locked up. i think it's 10% right now

>> No.27855459

>next few years

i thought it would happen this year.

>> No.27855533

>>27850798
This

>> No.27855601

What's a realistic assumption for the top? I'd love ETH to go to 10k but I feel like it's highly unlikely...


We can definitely achieve 2.5k tho

>> No.27855618

>>27854429
>what is defi
AAVE, SNX, LINK will outperform ETH retard

>> No.27856005

>>27855601
5k.

>> No.27856083

>>27855601
If you run under the assumption that the bull run will mirror 2017, and we are in the equivalent of early 2017, ETH did over a 30x from here til last ATH. I don’t think it’s gonna 30x, but I think a 5-10x is definitely possible.

>> No.27856192

>>27855332
10 percent per year? Honestly not that much for 32eth especially after the crash

>> No.27856411

>>27856192
say more people stake and it goes down to 5%, but it goes up to $10k/ETH, that's $16k passive income for a 32 ETH stake. if you're staking LINK and some other shitcoins on top of that you have multiple streams of passive income.

>> No.27856443

I bet people will keep buying uniswap trash for 1000$ per transaction

>> No.27856538

>>27855601
3.5k would be the absolute top imo
Would start partly cashing out when it nears 3k, but I'm a pretty risk averse person.

>> No.27856560

>>27850632
If you calculate the mathematical relationships it has with other coins especially bitcoin, the estimate is 50 EOY.
>>27854653
Agreed

>> No.27856596
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27856596

>>27851055

>> No.27856636

>>27856560
50k*

>> No.27856769

Also whenever /biz/ tell you that it will never go above or below a certain price ever again or for a long time, expect the complete opposite to occur. People were saying this shit about their coins right before the Jan 11th dip.

>> No.27856834

>>27850632
Staking is sure to drive prices up. With PoW you have a significant consistent sell off from miners covering the costs of their mining operations, with PoS you will have people buying ETH to participate in it. The incentive flips around completely, from selling to buying. How can it not moon, even if you ignore everything else

>> No.27856842

>>27856596
Blacks are notoriously racist. What a shitty zoomer take.

>> No.27856919

>>27856596
thats a man
>>27856842
blacks can have small dicks too

>> No.27857008

>>27854653
You probably thought amc was going to be $50 too. Ethereum is great but it isn't going to explode this cycle

>> No.27857214

I’m putting a good amount into DNT seeing as eth is going the way it is.

>> No.27857284

>>27857008
no one here gives a fuck about reddit stocks

>> No.27857299

>>27850632
When L2 is done and we can make transactions for pennies. Yes, 10k easily.

>> No.27857424

>>27857008
>this cycle
Imagine thinking there are cycles to this. This isn't a cycle, this is people realizing that USD is being made worthless, seeing a huge bubble in stock market, seeing how little you can make with bonds, seeing shiny rocks not being able to keep up with inflation and making the only sane choice of parking their money in crypto. There is no cycle.

>> No.27857484

>>27856411
Problem there is that it ignores the market cycle. I do hope we see a peak at 10k. But not even the most deluded moonboy thinks it's going to sustain a 10k price.
If you lock up your ETH for staking, by the time you can unlock it for profit, we'll be well past the bull run, deep into the depths of despair of the bear market. That 5-10% APY doesn't mean shit if we see another situation where it loses 90% of its value from the peak.

And then consider the fact that lending platforms and defi already exist, and they give similar or BETTER APY than staking will, without needing to lock up your shit for 2 years or whatever they're saying.

>> No.27857505

>>27856769
I don't see ETH ever going down to double digits again.

>> No.27857509

>>27857008
>You probably thought amc was going to be $50 too.
No and the fact that you'd even compare AMC to ETH is retarded.

>> No.27857561
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27857561

>>27850632
Yes, but only after the crash

>> No.27857667

>>27857505
What about triple?

>> No.27857720

>>27857505
yeah I think 300 will be next bottom.

>> No.27857818

>>27857424
When people say shit like this Im genuinely curious, do you believe it? Like look at what happened to crypto in March you fucking midwit. Crypto is tied to all other financial instruments, it's just more volatile. You really think during a market crash in the US that people would park their cash in a highly volatile speculative asset? Don't get me wrong I believe in Bitcoin and think it SHOULD be a hedge but that isn't fucking reality man. I don't know what you're smoking to believe this

>> No.27857960

>>27852708
if the yuppies are saying ETH to 20k that can only mean they're shorting on CME

>> No.27858010

>>27857818
as long as enough people believe it's a good idea to park their cash there it will happen
if it is a good idea or not doesn't matter, only how many people think it is
with the recent GME fad and more and more, especially young people getting into crypto the market will make a lot less sense than it does already

>> No.27858089

>>27857561
Fucking brainlet beartard fucking nigger

>> No.27858174

>>27857960
Exactly. I said this in a thread yesterday. joe KIKENSTEINberg does not give a fuck about the power of blockchain or ethereum or smart contracts. He is a boomer that sees some computer code that generates no revenue with zero assets or balance sheet and he will short it into oblivion. Ethereum will become mainstream one day, but not in 2021. Sorry that is reality

>> No.27858216

>>27856596
Ugly bitch with dumb sign

>> No.27858370

>>27857484
this is a good point, i'm not sure i agree that we're going to dump into oblivion but one thing to keep in mind is that you give up all of your liquidity the second you deposit your ETH into the staking contract.
Is aETH a better deal than staking ETH 2.0?

>> No.27858590

>>27850632
Just started looking into this Crypo. What the fuck happened in 2018? I’m thinking of buying some ETH but I don’t want to buy at a peak again.

>> No.27858704

>>27858590
Jesus christ this is the shit that concerns me.

>> No.27858802

>>27858590
Please tell me you’re paid fud

>> No.27858879

>>27857818
This will change over the next 3-4 years

>> No.27858881

>>27858590
unironic HUGE sell signal

>> No.27858932

>>27858590
medium sized sell signal right here

>> No.27858979

Eth 2.0 staking has been organized like a piramidal scheme. It’s a scam. Why are people buying into it?

>> No.27859029

>>27858802
No, I’m genuinely curious. Not a reddit fag but I’m very new to this board and I’m taking a huge interest in cryptos.

>> No.27859116

>>27858881
>>27858932
>>27858802
What the fuck did I say?!

>> No.27859125

>>27859029
you've missed the train bud

>> No.27859211
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27859211

>>27858979
This, plus consider the 3x price raise in eth from when staking started. It’s a scam

>> No.27859258

>>27859116
go back
don't enter the market
you will be living on the street soon if you do

>> No.27859914

>>27858010
I agree

>> No.27860723

>>27859116
>>27858590
Buy eth and HODL :^)

>> No.27860777

>>27858590
>>27859029
>>27859116
https://www.youtube.com/watch?v=pWa0dZMHYeE
A bunch of new people finally taking interest, celebrities tweeting about crypto, massive pumps on everything. It's all a sign we're nearing a top. If I were you, I'd wait until a big scary crash happens first. Wait until /biz/ is full of pink wojaks.

>> No.27862206
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27862206

27
>4.5 ETH
>5k Cash

Being a literal 3k poorfag a year ago Feelsgoodman , Thanks Skelly I love you.

-Signed
Your fren

>> No.27862467

holy fuck how much do they pay you shills to be retarded

crypto is being slowly adopted into a main source of information and finance infrastructure, the price of 1ETH could be fucking 50k in 5 years along with other defi tokens

>> No.27862853

>>27850632
It's possible this year

>> No.27862964

>>27858979
Whats the scam

>> No.27864036

>>27857484
this guy gets it