/biz/ - Business & Finance

Infinite supply shitcoin controlled by communists.

>>16527209
Because eth2.0 got postponed

>>16527225
Any non meme answers?

>>16527209
Why should go up? Nobody need it

>>16527228
It also doesn't scale, even theoretically.

>>16527209
Because it's heading back down to $65, and will be replaced by FTM.

>>16527228
Because crypto are meme gambling tokens built to be inflationary, and any that aren’t built with the specific intention of exitscamming are inevitably hijacked and turned into a pump and dump exitscam.

>>16527225
This. Ethereum is the antithesis of what crypto is all about.

>>16527237

down to 14 at least and even then it's still garbage

>>16527209
Just imagine her taking a huge shit in those pants on and you ripping the fabric with your teeth to eat it right out of her asshole

>>16527225
I actually didn't realize ETH has an infinite supply.

>>16527209
Utility is valueless in cryptocurrency because people are hypocrites and only want more cash

>>16527209
Unironically PLEASE tell me this individual has a penis

>>16527209
That’s way too much makeup

>>16527232
Wrong

Lots of people got burnt and are skeptical of the tech. Maxis fud because they fear dethrone . Bunch of eth clones. Sam shit different day

Too many ETH killers nipping on the heels of ETH plus uncertainty of Eth 2.0 being launched successfully. Just buy Link. Everyone bents the knee to Link. MKR is next

>>16527209
This whole year is going to be bloody until $2k and then a bull like no other.

>>16527209
Because it’s being used as gas to fuel other networks
Of course
That was the whole point of it

>>16527209
>I can easily argue that experimental tech such as eth should be traded at $7 at most. (a slightly paraphrased Vitalik).
There is also a lot of ETH in ICO shitcoins that are cashing out every time eth could move up.


look at pic related and try to figure out which project has the most real world usage (whatever that means) atm.

>>16527228
Hey there Im in space since 2014 and also dev I can try to explain my point but this is biz so it will get lost in sea of shitposting and absolute braindead explenations like above.

My take:

>you have low time preferance
>market cycles working against you
>informational asymmetry
>fearmongering by vc chains
>fearmongering by next eth chains
>fearmongering by btc baghodlers
>fearmongering by btc devs
>tech is WAY over most of peoples head including most devs (I am dev and zeroknowledge cryptography is fucking rabbit hole, eht 2 I can understand phase 0 and 1 but 2 is way over my paygrade)
>frontrunning with shit like this makes everyone wait to see how it plays out (not bad idea desu)
>no simple narrative for plebs

>>16528220
You mean high time preference, but thanks for the qrd.

>>16528236
..

>>16527228
I would also add I have no idea how this eth2 or bust narrative came to life I know pos is always planned and makes sense as endgame but I would argue if this shit is not out next 5 years eth would remain dominant sc platform due all development on it atm, thinks like zk sync are maybe biggest cryptographic breakthroughs since 2011 it solves throughput and privacy and its really flat learning curve and easy development/deployment.

I honestly think eth is in bad narrative palce: >from BTC perspective its moving to fast and to experimental for decentralised/immutable network securing billions (which is somewhat agree)
>from shitcoiners perspective it moves to slow for its own endgoal so rest of shitcoins can just promsie anything and ride that story and rise in value (which is laughable but expected)

So in conclusion everyone fears eth it literally makes btc obsolete as anything but SOV meme and rest of shitcoins by default if it succeeds proof is literally everyone shitting on it all over interwebs really low effort/argument basis

>>16527209

because it is an obsolete hobby project by a delusional slav

now serious people, like https://iohk.io/ have taken over this crap to sell their solutions to corporations and governnents

vitalik and sergay are just fucking amateur bullshitters

>>16527209
Exploring other options...ALGO, XTZ maybe?

>>16528318
??

>>16528464

Cuz boomers and their lame t+2 crap and their b-b-but I can just call customer service. They’re retarded and slow af.


https://www.cnbc.com/2019/12/08/how-bill-gates-described-the-internet-to-david-letterman-in-1995.html

ETH2.0 will probably go live in 2021, first hard fork is july 2020.

once the bitcoin halvening is over eth will gain traction

>>16527209
Haven't you heard? There is fleta, cosmos, matic, icon, rsk now. Better options and more competition.

>>16527228
ewasm head proponents have left mETH. one is going to prison for thenext 20+ years for providing prohibited weapons / military assistance tonorth korea (withvitalik cheering him on), the other left for another project. eth is a total shitstorm. i hope you're all in and lose everything

>>16527228
It’s almost like thousands of scam ICOs got billions in free ETH and can just dump it anytime they want

nice buy signal this thread

Cuz Trump shorting the Mexicans.

>>16529171
Please explain