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/biz/ - Business & Finance

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57073531 No.57073531 [Reply] [Original]

Biz kept bagholding ETH while SOL did 10x

>> No.57073644

>>57073531
Sol is still more down from ath then eth

>> No.57073648

>>57073644
Cope

>> No.57073701

>>57073531
kek. stop anon.

>> No.57073715
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57073715

>>57073531
Bro pls stop eth is already fucking dead

>> No.57073717

>>57073531
Solana fanboys don't know they are actually paying $100 mil in fees / month to use the network.

SOL runs on subsidies & inflation = price crashes = subsidies crash = validators leave = chain halts.

Now you know why SOL has INFINITE supply = death spiral to zero?

It costs $100 mil / month to keep fees cheap right now. YOU pay for that via SOL inflation - a hidden tax.

This is also how fiat money keeps you poor over time.

All good and sexy in a bull market. Prices go up, everyone is happy. But that won't last. Who's going to pay in a bear market?

Holders, of course, as their SOL bag devalues every day towards zero due to inflation.

That or SOL transaction fees go up and actually pay validators.

Which is it? There's no free lunch.

>> No.57073724

People tend to forget to analyze the core fundamentals of a coin when price action is impressive enough, and it has been i won't argue the point, but the fact is that in 2 years Solana has increased in supply from 272M tokens to a whooping near 500M, that's almost 90% inflation since july 2021.

>> No.57073836

>>57073648
What cope you nigger?
its true
cope is the new buzzword you tard