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

/biz/ - Business & Finance


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52294909 No.52294909 [Reply] [Original]

Official deflation waiting room it will happen soon

>> No.52294928

one among many
lost 10x against bnb
never reached its sat or serger ath again

>> No.52294978

>>52294928
>bla bla past performance cherrypicking aswell

>> No.52295113

>>52294909
uh, bros, i don't think going deflationary because everyone is dumping out ponzi is a good thing

>> No.52295152

>>52295113
I dont think OP cares if its good or bad, he just wants to see it burn

>> No.52295179

oh and since yesterday, its a security

>> No.52295212

History will look back on Ethereum as possibly the most retarded network ever created

>> No.52295368

>>52295212
Pretty much everyone except for ETH devs and a dozen redditors see what a disaster Ethereum is. UN is rumored to have all former and current Ethereum users tracked down and put to jail. This should be ratified as international law early next week.
My neighbor chick, who works in retail, told me random people at the store have vomited in when she mentioned ETH to them. She is losing her job now.

>> No.52295499

>>52295179
>more blabla
They are not even stationed in the usa
And no they wont ever be called this retarded term

>> No.52295531

>>52295212
>solana, icp, etc etc etc etc
>>52295368
>UN is rumored to have all former and current Ethereum users tracked down and put to jail
Holy fuckj get out there i want a comfy room with fellow meths

>> No.52295550

>>52295113
>>52295152
Yes burn

>> No.52295611

>>52295550
>line goes below horizontal line
People will probably start claiming "ETH is now deflationary!!!" while it has been deflationary ever since the line started to go down.

>> No.52295679

>>52295611
Its deflationary when the derivative is negative
But you know people are retarded you well said it and that counts

>> No.52296374
File: 3.84 MB, 325x325, aht.gif [View same] [iqdb] [saucenao] [google]
52296374

>> No.52297587
File: 18 KB, 996x224, 2022-11-08T22:57:50+01:00.png [View same] [iqdb] [saucenao] [google]
52297587

127 more to go fellow mETH heads. let's crash this shit to zero to make it happen.

>> No.52297902

Ive been on Biz daily since the 2020 crypto, made a decent amount on the uni airdrops which I immediately sold to eth and have never understood how anyone can not be bullish on eth? Do peoply unironically just fud for fun? Cheers anons.

>> No.52297948

>>52297902
crypto crash*

>> No.52298145
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52298145

Nearly there

>> No.52298278

im a btc maxi and im hyped as fuck for this kek

>> No.52298631

>>52297587
>>52298145
Its halfing every hour look we will not get there

>> No.52298914

>>52298631
yeah is looking like it, hopefully over next few days.

>> No.52298949

it's over, fucking shitcoin can't even turn deflationary

>> No.52299045
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52299045

>>52298631
how disappointing. maybe asia is picking up on where we started, the fresh kucoin FUD could heat up gas prices some more.

>> No.52299065

>>52298949
I miss the old biz where people actually added discussion.

>> No.52299119

>>52294909
Should I buy ETH?

>> No.52299137
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52299137

wtf

>> No.52299581

welp, assuming Solana is dead in the water, and alameda / SBF / 3AC etc cant keep pushing other L1s, then this means the rest of the battle is ETH vs BNB now

>> No.52299597

>>52299581
what about turkroach chain?

>> No.52299658

>>52294909
SOOOOOOOON

>> No.52299672

>>52299581
there's no battle until BTC maxis start using lightning network and pushing for more advanced BTC layer 2 networks.

Until then the real battle is between ETH L2s

>> No.52299697
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52299697

>>52299119
yes.
>>52299137
topkek, the website design is pretty good in general.
>>52299581
>then this means the rest of the battle is ETH vs BNB now
if that is the battle then ETH already won, BSC isn't more than a shitcoin casino with a laughable TVL.

>> No.52299725

>>52299658
it's not happening, gwei already dropping down

>> No.52299766

>>52299725
it'll go below the merge levels in ~10 minutes, gas has been stable at ~20 gwei

>> No.52299786

>>52299766
good, I want to take a screncap go to sleep already

>> No.52299932
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52299932

>>52299766
you lied

>> No.52299950

>>52299932
yeah, I do that sometimes

did you see this: https://twitter.com/LucasNuzzi/status/1590122590206824448

>> No.52299974

I will watch this historic moment as it happen live.
This will be talked about hundreds of years into the future

>> No.52299987

>>52295212
uhhh yea OKAY

>> No.52300007

>>52299950
sbf is a rat psychpath kike

>> No.52300014

>>52299697
BSC is arguably more liquid than ETH, consdering its conected to the ex with the biggest volume by far, the problem is that your assets arent safe because its centralized, but check the BNB/ETH chart.

>> No.52300119
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52300119

>>52300014
>BSC is arguably more liquid than ETH
no it's not, BSC has a fifth of the TVL at a third of the market cap of ETH. that it's CZ's cuck chain doesn't chain that.

>> No.52300133
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52300133

>>52300119
*change kek

>> No.52300185

>>52294928
>lost 10% to a Chinese billionaire’s SQL server that was paused last week upon circulation of bad news

ignoring that, BNB is literally yellow paypal (except paypal can do more than crowdfund Indian villages through microcap scams)

>> No.52300215
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52300215

>>52299974
imo we'll go deflationary for a few hours then back to slow inflation for days until the next major market event / NFT launch

>>52300014
you could argue that a year ago when L1 was too expensive and there were no L2 options but now L2s are as cheap as BSC. The only advantage BSC has is user experience & the user acquisition funnel, it'll be the stepping stone for new crypto users but it won't be much more than that

>> No.52300224

>ultra sound money
>costs more than BTC to send a transaction

>> No.52300253
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52300253

If memecoins want to be less intimidating and approachable to a larger audience, they should probably try to make the 'tokenomics' more realistic and understandable.
Although maybe the "larger audience" isn't their "target audience".
Or possibly the whole point is to make it as overwhelming and mind-fuckingly ridiculous as possible, to discourage people from managing their own stonk investments, because their power comes from their control over tens-of-millions of financial accounts.

Here's something that all sides need to come to terms with:
>If your currency is passively generating revenue by sheer virtue of just 'existing';
>is that passive revenue being spent from a controlled, finitely limited financial account, or is the currency spawned into existence without the need of having the cash reserves to finance the accounts' generated interest revenue(the good kind of interest though, the kind where you get to JeW the bank for holding onto your monies).
>Is the Token's greatest feature its "MoonX" multiplier?
>Because that sounds good, but imagine if the U$D did that kind of shit like the highly touted memecoins around here
>That would be Big Fugg

>> No.52300314

Livestream:
https://www.youtube.com/watch?v=YLrCgJ8crBY

>> No.52300345
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52300345

we did it!

>> No.52300353

GZ!

what are the odds that an "Ultrasound NFT" gets the #1 tx in the block

>> No.52300423

DEFLATION SONG!

>> No.52300655

>>52300215
That was my reasoning to be bullish on shit like solana or matic lmao, "why would i spend 0.3 on BSc when i can spend 0.000001 on other shit" but the rabbit hole goes deeper than that. I am still not confident on ETH L2 solutions until we have ZK rollups running, simply because Optimism and arbitrum can rug at any given notice lmao. But zkrollups works the same as Lightning network in the sense that you can exit directly to your wallet even if the nodes get fucked up