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/biz/ - Business & Finance

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5447554 No.5447554 [Reply] [Original]

Redpill me on this coin. It is near ATH, which is usually a bad buy, but it feels like it's a smarter buy that bitcoin right now....

1. fees are killing bitcoin
2. it's better tech than bitcoin
3. it has had the highest gains by far this year of the Big 4 (10,000%!) but at only 730 a coin, it still has a lot of room to grow.
5. I predict at LEAST 5k by this time next year.

>> No.5447564

2018 #1

>> No.5447602

OP Ethereum is like cash is to gold.
The cash can more easily be worked with, it also provides infrastructure to start your own coin and have a business on a massively used network.

It's the programmable version of Bitcoin.

>> No.5447603

I'm not touching eth again except for a few brief moon missions (plasma, Casper, etc).

Unlikely that it breaks 200b market cap next year. That's a 3x. NEO has at least another 10x in it. That's where my money is going

>> No.5447608

>>5447554
I'm starting to move my BTC position into ETH and XMR. Bitcoin Cash is going to forever fuck up Bitcoin's network as long the miners are jumping between the two.

>> No.5447625

Ultimate noob strategy for becoming rich in 2018:

>Have at least 1k to invest
>Buy 1 etherium. Hold all year.
>Use the remaining 300-200 dollars on various shitcoins trying to moon

If you're willing to do 2k, then buy 2 etherium, invest more in shitcoins. Repeat up to how much you're willing to invest starting out.

IF YOU FOLLOW THESE TIPS YOU LITERALLY CANNOT LOSE! SAFEST BET IN HISTORY!

>> No.5447660

>>5447554
ETH actually has users and dapps running right now. More transactions than all other cryptos combined. It is more than just promises. This is the best horse to have right now. I expect it to dethrone bitcoin next year.

>> No.5447705

What about deflation? Devolpers can give out as much ETH as they want?

>> No.5447707

>>5447554
Ethereum is blue-chip crypto.

It's not going to go lol100x in the next year, but it will most likely be the strongest cryptocurrency heading into the 2020s.

>> No.5447713

Ive been all in eth and xmr the past month or so and its been great. moved some into exchanges...been happy there...still need a lil ada rocket though and sell back to eth....speed and cost of fees dude

>> No.5447723

>>5447554

Eth is like the young prince who never got much love growing up. It is not a super hyped coin but once it sits in the kings chair it will blow up. Normies still do not understand ethereum and that is a great sign.. This is literally the first platform that will showcase the power of blockchain applications in society and it WILL benefit from first mover advantage perhaps moreso than bitcoin did

>> No.5447735

is 730 too much to buy eth for? been watching it all night, doesn't seem to drop much.

>> No.5447740

>>5447707
At this moment, ETH is the top dog. That might change though. It has competitors such as ADA and BCH.
BTC is just a brand name. It sucks.

>> No.5447744

>>5447625
Pretty much this with some Bitcoin Cash.

>> No.5447751
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5447751

>>5447625
I have 6 etherium and my dad has another 6 I hope you're right cuz I'm all in baby.

>> No.5447756

>>5447625
Why would you hold 1 ETH? Why not use it to increase the shitcoin gains (and therefore ETH gains)?

I invested $1k in ETH, transferred it all to shitcoins and now I have 1.12 ETH in total.

>> No.5447762

>>5447554
The old strategy of trading shitcoins to increase your BTC wallet has shifted.
It's now about trading shitcoins to increase your ETH wallet.
That's really all you need to know.

>> No.5447770

>>5447705
I dont think market cap for coin count is what decides inflation/deflation. I think its that the dollar cant be counted. We have no idea how many are really out there. With ETH it can be kept track of.

>> No.5447781

>>5447735
Eth is not going to drop unless bitcoin drops too

>> No.5447797

>>5447735
I see ETH hitting $1k in January and then $1500 anywhere from April-June. This is the safest bet in crypto. It's not going to do any more insane 10x pumps but it actually has utility and is actually used to buy digital good and execute dApp operations.

>> No.5447798
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5447798

>>5447762
this

>> No.5447811

>>5447781

is bitcoin done crashing? it seems to be dropping all night but eth isn't following it.

>> No.5447828

>>5447811
things have changed. ETH doesn't give a shit about BTC any longer. You better get used to it.

>> No.5447839

What does biz think about etc? When eth switches to pos, all the miners will flood etc

>> No.5447840
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5447840

If you're banking on BTC's failure, then good on you, but you're dumb if you also plan on staying in any other cryptos when it happens

>> No.5447907

>>5447554
I have felt this way constantly for the past few weeks. However, I've seen the way that ETH has been fucked to shit in the past, so I'm hesistant.

I've currently got 90 BTC so if I were to move it all into ETH there wouldn't be any room for error.

>> No.5447945

>>5447797

what's a fair buy in price at the moment? keeps hovering around 730

>> No.5447974

>>5447554
come to your friendly neighborhood /icx/ thread

>> No.5447997

>>5447907

I know I won't be able to ultimately tell you what to do with your bitcoin, but I would highly suggest converting some/most of that into ether, or other coins that interest you. Bitcoin is a dying breed. Unlike the last market cycles, where alts surged while bitcoin bled and vice versa, this time is different. The overall market is growing so fast that bitcoin physically cannot handle it and people have become very turned off by the transaction fees. Also, people are realizing that the "store of value" nonsense is nothing more than a meme. Bitcoin was truly revolutionary, but I am afraid you will be left in the dust if you do not adjust. I sold all my bitcoin about a week ago. 0 regrets. Hope this doesn't come off as shilly as it may seem

>> No.5448045

>>5447839
When Ethereum switches to proof of stake, it no longer requires miners.

Also it's a phased-in process, to start only 1/100 blocks will be validated through Proof of Stake. Validators will stake large amounts of ETH, and transactions will pay dividends to those validators. Do you see what happens? ETH turns into something that will produce regular dividends, and the amount of ETH available on the market decreases significantly, because the majority of large holders will have their ETH locked up in Proof of Stake contracts to get those dividends... The network transaction speed is going to surpass VISA, we won't have energy usage concerns, and we won't be beholden to miners, and each ETH is going to be worth significantly more.

Ethereum fundamentally isn't controlled by miners the same way Bitcoin is, and by the 2020s, they won't exist at all.

>> No.5448137

>>5447997
I think you're right. However, I also think BTC has at least one more pump in it to $15k-$16k during the "return to normal" phase. I'll wait for ETH to go low and then buy.

>> No.5448168

Buy xem. It's literally touching aths, right now. Buy it anyway. buy more when it dips. Hold that shit. Thank me later.

>> No.5448190

>>5448137
Do you still have your BCH?

>> No.5448218

>>5447554
I understand the premise behind etherium

But what about LTC/Litecoin in terms of upward momentum + speed?

That said, LTC seems a lot more tied to BTC than ETH based on the charts

>> No.5448227

>>5448190
I sold that the first day. I hate Bcash.

>> No.5448230

>>5448045
>>>5447839 (You)
>When Ethereum switches to proof of stake, it no longer requires miners.
Yes, that's what I said. When pow is up for eth, all the miners who bought into the eth mining hype will switch to another coin, and it seems like etc is the most likely candidate.

>> No.5448297

>>5448218
>But what about LTC/Litecoin in terms of upward momentum + speed?
Litecoin is BTC beta test. It has almost no purpose. It's just dumb. Why do you think Charlie Lee sold it when it pumped to the moon.
No point in LTC if you get rid of BTC.

BCH is better.

>> No.5448304

>>5447554
ATH was 870 and right now it’s 726, so no it’s not near ATH. This is a good opportunity to buy in, the decoupling is happening soon

>> No.5448428

does a $10 price difference when you buy in really make a big difference?

like if you buy in at 730 vs 720?

>> No.5448429

>>5448304
No, buy low sell high, always. You don't know if shit will hit the fan and be a repeat of yesterday

>> No.5448472

>>5448429

what's a good buy in price for eth? doesn't seem to be touching 600s anymore today

>> No.5448501

>>5448472
>measuring the price in dollars
Fresh off the boat huh? It's pretty late to get into crypto.

>> No.5448504

>>5447554

>only a 730 coin

kill yourself and go back to lereddit

>> No.5448508

maybe wait a few days and see if btc will crash more. I dunno, I'm really tempted to buy more now too

>> No.5448581

Never doubt the Skelton

>> No.5448584

>>5448504
OP it's about marketcap. The price of the coin it's really what matters.

https://coinmarketcap.com/

ETH is second on marketcap and it's really only way to grow is by crypto as a whole growing a lot.

If you want gains, you go down the list further and invest in a good project and wait for it to moon.

>> No.5448613

Smart money buys ETH today, its cheap af.

>> No.5448622

>>5448501
Well it’s goig to 1k at least and when BTC dies off it has potential to hit a lot higher

>> No.5448653

>>5448472
Its hard to say. It did break though at 504, which I was there for and it happened quickly, but it shows a strong base at 610, there was another moment at 650, where it was rising and there was a crack that got filled in, but there wasn't a lot of volume, but you can consider that a new base as well. I'm just playing safe and the next dip i'll buy, if there isn't another dip, than I'll reconsider if the market stabilizes. It also depends on what BTC does, because the volume is insane and because of that, it affects other coins. If you just want in for alts, I guess it would be ok to join in

>> No.5448670

>>5448622
BTC will stabilize eventually, but ETH is definitely going to break $1k soon.

>> No.5448680

You guys remember when this thing got utterly rekt by a fucking cat game last week? How do you expect this to handle the pressure if it has to take over the reigns from BTC in a month? I wanna see BTC die to but I'm not convinced this is the answer.

>> No.5448712

>>5447762
This. I always measure my gains in eth, safest bet rn

>> No.5448731

>>5448501
would you be so kind as to explain to a humble retard why you leet early adopter chads measure value in sats or whatever-the-fuck else you're using now that btc is over?

>> No.5448765

>>5447554
Etc is the future, fuck this clone coin

>> No.5448767

>>5448731
because eventually you get so addicted to crypto that you stop caring about ever acquiring more US dollars

I only care about acquiring more Ethereum, now, not more USD (a shitcoin that's worth less and less every second of the day)

>> No.5448776

i decided to buy at 721.

rate my buy?

>> No.5448824

>>5448731
Because even if the price of some shitcoin is increasing in dollars, you're probably losing money in sats or whatever other unit of measure you like. It also doesn't make sense to measure something in dollars when you're not trading in dollar increments.

>> No.5448827

>>5448680

Ethereum already does more txs/day than all cryptos combined. Also, it hasn't even implemented nearly any scaling solutions (plasma, raiden, sharding, etc). Have faith in Vitalik and his team seriously ethereum will be the first coin to scale properly they are very good about setting realistic and achievable goals. Also, don't forget that Vitalik is a very humble dude and doesn't hype the shit out of everything to milk every update unlike some other coins that have nothing more than a whitepaper

>> No.5448828

>>5448767
but what about buying real things in real life?

>> No.5448846

>>5448828
There will be the occasional cash out, but assuming you gain wealth by keeping wealth in ETH, you dont want to leave.

>> No.5448862

>>5447554
>I predict
Shut the fuck up you ignorant piece of shit.
So many people just talk out of their ass in this place, literally shitting up the place
Be gone normie.

There is 5times more ETH than there is BTC, do the maths of what the marketcap needs to be for ETH to be 5k u dumb fuck


“Next year”
Gtfo.

>> No.5448866

>>5448828
Crypto is the future of money, but even if it's not that's a poorfag mentality.

You will only make it when you get in the habit of using capital only to expand capital.

>> No.5448899
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5448899

>>5447625
Is spelling it "etherium" a meme or something?

>> No.5448906

>>5448828
Here's the thing:

Everything I buy in life (outside of property, in some cases) depreciates

- I won't buy a new car, because that's a deprecating asset. It's a huge waste of money. And I already *could buy a legit lambo with ethereum* but I drive a used civic and make use of public transit

- I can't put money into the stock market, because everything's at an all time high and we know a crash is imminent

- I can't put money into the bank, because god knows when the market does crash inflation is going to go out of control and even though i'll still have millions of dollars in the bank, they'll all have depreciated siginficantly

so here's what I do: acquire more ETH, keep going to my day job, and occasionally pull some money out of ETH for skills courses (I'm becoming a private pilot for fun right now)

>> No.5448948

>>5448862

Wow, having a bad day anon? No need to be so aggressive...IMO, Op is not crazy with a 5k eth prediction. Simple maths would prove that at 5k per eth the market cap of ethereum would be just under half a trillion. This is so achievable it pains me to see you doubting this. Bitcoin's market cap is what, 234bn right now? and it is a dead currency, literally. Just imagine what ethereum could be worth when life changing blockchain applications are running on it every day.

>> No.5448973

>>5448906
Nice man. I'm becoming a private pilot too. I just started a few weeks ago.

Buy an old collectible car btw. They get you street cred while still appreciating.

>> No.5448981

>>5448862
>do the maths

lol you totally fucked up the math, 5000 / ETH only a few hundred billion away, that's literally nothing, cryptocurrencies already have a half trillion dollar market cap

>> No.5449191

>>5448906
but are you going to cash out someday, after the next economic crisis, or do you think the world will run on ethereum by then and you won't even use fiat?

>> No.5449205

>>5449191
also is there any point in a poorfag nocoiner accumulating eth in 2018?

>> No.5449231

>>5449191
I'll trade some Ethereum for stocks and bonds when the market undergoes the gigantic correction that's long overdue...

I don't plan to hold large amounts of fiat ever. Holding USD is playing with fire. Cryptocurrencies are the future, simple as that.

>> No.5449242

>>5447554

Nobody cares about that unless you will use it to move funds.

On gdax when btc drops it almost goes down the same exact %

>> No.5449248
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5449248

>>5447625
>"etherium"

>> No.5449255

>>5449205
I legit turn all of my paychecks straight into Ethereum and Ripple at whatever the price is on any given Friday evening, so yes, the point of accumulating is that your cryptocurrency won't be subject to rampant inflation, and won't lose value long term.

When you hold fiat for any length of time, you have a guaranteed (literally 100% probability) loss of value over time

>> No.5449262

>>5449242

stopped happening as of about 4 hours ago.

currently: btc - 2.4 eth +4

still happening with ltc tho. hopefully it breaks away, too.

>> No.5449291

>>5449255
>at whatever the price is on any given Friday evening

how's that going? i've heard of that recently, and i heard it's pretty successful. i've spent the last 4 hours sitting here deciding between about a 20$ difference in eth price.

i can't convince myself that in the long run a $20 difference won't matter.

>> No.5449299
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5449299

>>5447554

>redpill


I really tired of you lazy /pol/ fags infecting this board with your brainlet presence.

kys with a big black dildo faggots.

>> No.5449327

>send $200 BTC from wallet to exchange
>didn't want to pay large miner fee so I cut it in half
>it's been 5 days and not a single confirmation

Did I just lose it all or what?

>> No.5449371

>>5449291
>hodl on buying in, acquire no gains.
Solid logic there.

>> No.5449377

>>5449291
It doesn't matter at all. I started with $500 in May and now I have well over a million. $20 is literally nothing. What matters is getting crypto to trade for other crypto and multiplying your supply.

>> No.5449405

>>5449299
day of the rope is coming, mohammed

>> No.5449415

>>5449327
I can’t believe people still buy Bitcoin after reading shit like this. Have you ever tried moving ETH? It’s super fast.

Bitcoin was a mistake.

>> No.5449429

>>5449405

Stay broke brain dead larper.

>> No.5449440

>>5449371

well, so far i've made $10k in about 3 months, all i do is buy and hold.

>>5449377

do you buy/sell a lot of different coins multiple times a day? i started buying ripple, too. i'm a bit nervous to buy into the risky coins that i have to buy/sell real quick to make a profit.

>> No.5449458
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5449458

>>5449429
average net worth of white people is over 100x that of shitskins.

>> No.5449483

>>5449415
I just happened to have it from some pocket change from a year ago. The BCH I magically acquired transferred instantly. I really can't understand how BTC could possibly have any future at all. Maybe I'm just naive but I can't think of a single practical application for it.

>> No.5449521

>>5449440
Yes. I never buy and hold. I always daytrade back to BTC at the end of the day.

That said, I might be switching over to ETH as my currency of accumulation pretty soon. It's just that the ETH markets are so shitty compared to the BTC ones.

>> No.5449667

>>5449483
Fortunately it is depressing the price of the good crypto for the moment so we can acquire more. the fools will still go all in on BTC and eventually be holding bags.

>> No.5449730

>>5449405
4u

>> No.5449732

>>5449667
Well about my initial question; do you know how long this could take? Days? Weeks? Months? Years?

Nothing would surprise me honestly, 60 tx/minute with a pool of 170k and low priority. I should have just paid the full $35 or whatever it was.

>> No.5449780

>>5447554
I can't imagine eth going up much higher, maybe 2k at best because unlimited coins.

Bitcoin is in a bad spot and BCH is basically bitcoin and I'm all in on BCH. I don't care about the drama or the politics. I follow the money.

>> No.5449803
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5449803

>>5447707
we're still too early into cryptos to say that, but eth definitely is a decent choice, especially with development behind it.

>> No.5449831

>>5449780

I think the scarcity effect on ether when Pos is implemented will be magnitudes greater than what people are expecting...when a lot of people are going to lock up their ether to stake it is when the real moon will occur. However, because it will be a gradual shift from pow to Pos it is harder to pinpoint when this scarcity will kick in

>> No.5449858

>>5449732
Probably Months. But who knows, shit can happen overnight in crypto. Too much vested interested right now in keeping BTC alive but the warning signs are everywhere: full mempool, getting dropped by just about all commercial uses. the store of value argument is bullshit. fees stupid high. controlled by chinese miners/ASICs. energy cost completely retarded.

>> No.5449980

>>5449521
How do you pick the coins you are going to buy and how do you know when to sell?

>> No.5450365

>>5447781
Negative correlation as of today. Hoping this decoupling is permanent.

>> No.5450439

>>5448776
SHIT!

>> No.5450479

>>5448862
You can't maths, anon. You should stick to browing /fit/ and /mlp/.

>> No.5450496

>>5447554
ETH is garbage tech to be honest

>> No.5450514

>>5447723
Except the only thing it's showcased is that it's a buggy pile of shit and is extremely vulnerable to loads of security holes

>> No.5450530
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5450530

>>5450514

>> No.5450541

>>5450496

>arguments: 0

Nice explanation shitskin.

>> No.5450552

>>5450514
>>5450496
the majority of ALL transactions in crypto do so on the Ethereum network, seems like it's working great, actually

>> No.5450554

>>5450530
Not an argument retard. Ethereums price is generated purely by hype and misinformation. It's like everyone forgets the DAO hack. ETH is not the smart contracts platform that will change the world because it's developers are incompetent retards

>> No.5450574

>>5450514
Enter QSP

>> No.5450587

>>5450552
Except Ethereums purpose is not to be a crypto currency. This is only because ETH is seen as the number 2 crypto. It will experience the same congestion that plagues Bitcoin and does nothing better than other crypto technologies do when it comes to transactions. Enjoy your congested networks because of digital pets fucktard.

>> No.5450606

>>5450554
>it's developers

DROPPED

>> No.5450631

>>5450606
Yes. It's developers. The ones that created the abysmal tech in the first place. The DAO hack demonstrates that not even the people that birthed this stagnating project can script for it. How do you expect Joe Shmo to do anything productive with ether and ethereum if the ones that know it like the inside of their own wives pussy can't do anything with it that doesn't break? Fuck ethereum and fuck you

>> No.5450638
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5450638

>>5450587

>Casper, Raiden and Sharding in development
> It will happen like with Ethereum
> All problems that happened were resolved in the past
> Vitalik always delivers
> hurrr it's gonna crash

Admit it faggot. You didn't buy at 450$, then hoped it will go down when it hit 600$ and now you are fisting your ass while daddy is fucking your mouth.

>> No.5450656

>>5450638
Haha you think this is about sour grapes. I actually own a bit of ETH but because I only see it as a money making opportunity. But if you can't recognize that ethereum is a sinking pile of garbage that is only where it is value wise because of coin base than you're an idiot quite frankly

>> No.5450661

>>5448906
Smart man

>> No.5450667

>>5450587
Ethereum's purpose is to be a platform for smart contracts, its function as a cryptocurrency is a side effect of that -- oil's function is to power engines, do you think that oil doesn't have value?

And no, Ethereum won't experience the same congestion that Bitcoin does (nor does it currently) and it does a lot of things better than Bitcoin

- Development is lead by a benevolent dictator (like Linux), not a group of technocratic spergs (like Bitcoin)
- Ethereum will run without miners (Proof of Stake)
- Ethereum will generate dividends (Proof of Stake)
- Ethereum will have a higher transactional throughput than VISA (PoS, Casper, Raiden, Sharding)
- Ethereum will be the smart contracts platform of the future (it already has the most developer mindshare)

I'm not sure why I'm bothering, you clearly don't read anything besides Reddit comments

>> No.5450685
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5450685

>>5450638
And I bought in at 13 bucks so suck my cock

>> No.5450706

>>5450685

Probably sold it at 30$ and now you are fisting yourself.

If not, have faith. Eth is most promising imo and it's still early tech.

>> No.5450714

>>5450631
The possessive of 'it' is 'its' you mongoloid, that reply was a comment on your inability to understand grade school grammar

>> No.5450734

>>5450667
Oh it will? What are you a fucking Ted talk? Yeah and we'll have underwater agriculture by 2020 according to me

>> No.5450742

>>5450631
DAO hack was the system working as intended though? Not a problem with ethereum, a problem with how the devs approached the DAO

>> No.5450765

>>5450714
sorry I'm on mobile. Autocorrect if you haven't noticed dipshit

Now go throw your life savings into your garbage platform while some other platform you've never heard of swoops in and blows ethereum out of the water

>> No.5450778

>>5450574
How does QSP fix this?

>> No.5450779

>>5450742
If security vulnerabilities = working as intended than sure! Real good shit my guy. Now excuse me while I get a bank loan to purchase ethereum

>> No.5450793

>>5450706
Look at the top of the screen. Still holding a bit. Sold most at a hundred anyways

>> No.5450827

>>5450779
Just admit you dont know how crypto works and youre just parroting a youtube channel that scams people like you into their shitcoin pump and dumps.

>> No.5450856

>>5450827
Just admit you don't know how smart contracts work and youre just parroting platitudes you've read on the ethereum subreddit and holders trying to overvalue their useless "cryptocurrency"

>> No.5450871

>>5450765
Nothing's going to 'swoop in' and blow Ethereum out of the water. There's a network effect, the more people develop on Ethereum, the stronger Ethereum becomes as a smart contract platform and disruption becomes less likely.

If there was something fundamentally better than Ethereum (and right now there absolutely isn't), I'd certainly be one of the first to know, and one of the first to invest time into learning how to develop for it.

You don't have any arguments here, you're just an angry man posting on Christmas (apparently angry because you only bought two ETH at $13 and sold them at $100 -- I'd be mad too)

>> No.5450884

>>5450871
And nobody important is developing on ethereum because they recognize how much of a piece of shit it is

>> No.5450907
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5450907

>>5450871
Yep only 2 ETH keep telling yourself bullshit to help you sleep at night

And still holding a small share and basically have vastly gained off my initial investment. Doesn't mean I still can't think ethereum is garbage. You're like a fucking cultist honestly

>> No.5450913

>>5450884
Again, angry non-argument with no evidence to back it up. Presumably you're posting on mobile and don't even own a computer so posting actual arguments is too much typing, and providing any evidence at all is just out of the question

you should hotkey "fuck" "shit" and "retards" to improve your communication efficiency

>> No.5450941

>>5450913
So you still haven't provided any evidence that ethereum isn't shit. I brought up digital pets congestion and te DAO hack. You've done nothing but speak in platitudes and what ethereum "will do" like this is a fucking Ted talk. Don't forget to sacrifice your first born to King skeleton you fucking cultist

>> No.5450985

>>5450765
what smart contract platform do you eth haters think will "swoop in and blow ethereum out of the water"?

>> No.5451050

>>5450985
What? Give you names so you can call me a scam coiner or whatever the fuck? I've already been accused of shilling Alts in this thread despite posting nothing. Why should I even bother? Lmfao

>> No.5451076

>>5450941
Here's the evidence that Ethereum is actually great

>Ethereum processes the majority of transactions in crypto, more than the other cryptos including Bitcoin PUT TOGETHER
>The majority of tokens in the top 100 are built on Ethereum
>There's tens of thousands of smart contracts already running (yes, one early smart contract had a bug, oh no)
>Ethereum is grossly undervalued compared to Bitcoin
>Development is super active and there's no reason to believe the Ethereum Foundation won't be able to continue to deliver protocol updates

If we look at what ETH "will do" and ignore everything else, it factually DOES MORE than any other crypocurrency in existence and you're just being angry for god knows why

>> No.5451153
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5451153

>>5451050

>> No.5451156

>>5451076
>le most transactions

So does Bitcoin yet a transaction takes like 4 fucking days and online retailers are dropping it because it's inefficient

>muh tokens
>muh development

Protip: that bad smart contract was written by the developers of ethereum themselves. Like i said, if they can't write capable and stable contracts how are ransoms on the Internet supposed to? As soon as a stable and better alternative reveals itself, they're going to jump ship.

>ethereum is grossly undervalued

According to who? You? A lot of people would dispute this ( like me)

>super active

Irrelevant when the tech was broken from the start.

>> No.5451260

>>5451156
An Ethereum transaction takes five seconds. You're just completely wrong. Only five retailers in the top 500 ever accepted Bitcoin, now only three do. That's because Bitcoin got worse and worse because the developer community was stuck in political deadlock. Ethereum does *not* have that problem.

That smart contract was written in a brand new language (that isn't even good), that doesn't change the fact that there's tens of thousands of smart contracts running now, and they're not being hacked.

Yes, Solidity sucked as a language, but it's being replaced with a language that can offer better formal verification. Anyway, you're still just mad for bizarre reasons (probably bitterness from not buying enough) so I'm done here

>> No.5451296

>>5450941

About to go to bed so I won't stick around to argue this, but I'll throw in my two shekels.

Security vulnerabilities are a legitimate criticism of Ethereum. This doesn't mean Ethereum is shit, it means that smart contracts and developing a programming language for them (Solidity) is a work in progress.

From what I gather, the choice, or debate rather, seems to be between using a language which is built for the purpose of developing smart contracts, which takes time to develop; or using an existing language which has already been developed but isn't quite the right tool for the job.

The DAO and Parity hacks should make it clear by now that anyone working on smart contracts, especially if large amounts of ETH are involved, should be testing for known vulnerabilities and having their code reviewed by experts.

>> No.5451381

Ethereum price is going to surge before new years from people wanting to trade out of bitcoin without having to pay the new tax on cryptocurrency trading gains.

>> No.5451394
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5451394

>>5450554

>> No.5451423
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5451423

>>5450907
>gained vastly
>bought at $129
noob try sub $20

>> No.5451719

>>5447762
>tfw I've been trying to do this since August and am down 80% in sats because Bitcoin went to fucking 19k

>> No.5451794

>>5448906
>and we know a crash is imminent

If you "know" that a crash is imminent then buy put options and watch yourself become a squillionare

>> No.5452029

>>5448428
No, not really

>> No.5452724

>>5448501
They all do this its hillarious

>> No.5453088

>>5447756
they're shitcoins for a reason
you'll be under 1 ETH soon

>> No.5453879

>>5447554
>ETH at ath
hahahahahahaha