/biz/ - Business & Finance

It's not even dumping right now you idiot. Stop looking at just the line fool.

See? Fucking nigger. I hate you.

People are escaping to BTC, ADA and AVAX.
ETH always had a upwards action in january. It didnt happen this time, and then you have the highest fees ever, higher than BTC during the 2017 bubble.
Then you have the CME futures opening tomorrow, which will crash the price at least 40%, due to the leverage.

>>28045875
lol

>>28045875
>why this piece of shit is dumping harder than pretty much everything else?
people dont want to pay 100 dollar fees

>>28045875
because gas fee's are retarded

FUD about CME futures

I hope it tanks hard, I want to get to 32

ADA and AVAX are eating ETH up.

>>28046345
Futures are looking good right now

>>28046158
>>Then you have the CME futures opening tomorrow, which will crash the price at least 40%, due to the leverage.
Last I've seen, they were significantly over 1,600.

>>28046228
>>28046261
Expectation of higher gas prices causes forced savings into ethereum. Your conclusion doesn't make any sense.

someone explain to why futures drives people to sell? shouldn't the fact that its getting support mean its worth keeping?

>>28046599
He doesn't look at futures. He's just parroting the FUD about BTC and CME debut. No original thought in the average /biz/ newfag brain.

>>28046692
People forget you can long an asset and associate futures with nothing but shorting.

>>28045875
Just swap all of them to layer 2 tokens like Tokamak.....looking at the fees, l2 is going to be high in demand soon

CME

>>28047077
Idiot

>>28046106
The dump is going to be spiking harder today. Expect suicides.

>>28045977
literally dumping right now lying faggot, can't even hold $1600 anymore

>>28046357
>AVAX
>A literal who with 1.5B marketcap is "eating" ETH

lmao you ADA schizos never fail to make me laugh. ETH can't be matched sorry

>>28047172
I got dubs though so I'm right.
Take a look at what happened to BTC price immediately after CME futures opened

Its going to dump way harder than this soon.

>>28047320
Avax has doubled in 7 days and it's already at 1.85 billion. The rate it's going it'll be 100 by the end of the month. It's eating ETH alive.

Token not needed

>>28047297
Kek it's forming a fat tails pround the previous day point of control and for the most part has been magnetized between that and the current one. We're still undergoing the auctioning process. It will spend a tiny bit of time below the dVAL and rocket back up.

ITS DUMPING AAAAAAAAAAAAAAAHHHHH

>>28047912
holy shit this is some mega dunning kruger tier cope

>>28047912
Screencapping for when it hits $900 next week lol

>>28047927
good i've got buy orders set for 1399. pleaaasseee gooddddd

>>28046357
How lol, those two projects quite literally do nothing

>>28047395
Why don't you take at the actual futures faggot? It's bullish.

https://www.fxstreet.com/cryptocurrencies/news/ethereum-price-forecast-eth-rebounds-as-cme-launches-ether-futures-202102080103

>>28048001
Okay but if I'm right you have to video tape yourself killing yourself but not before I go to town on your sister's ass with a chimney sweeper and a bottle of castor oil. You can't just fuck off into the night like a coward forgetting this ever happened.

>>28047978
But you have nothing except low-iq crybaby bullshit like a literal nigger chimping out over his efferium doin a little less. It rebounded very fast when it went below the monthly value area low but whatever no one cares. Just scream and fling shit like monkeys.

>>28048081
Check avax's volume and seethe more, faggorino. It's going straight to 100. Pangolin is literally launching this month.

>>28048207
Mentally ill

>>28048504
Just like the rest of /biz/ newfag always looking for the next little baby boy boof but can never look in the mirror as they simulate the birth of butt babies.

I don’t think ETH will really have its run until people better understand the technology behind it.

>>28045875
More sellers than buyers... duh.

>>28045875
Sorry I just bought 1 yesterday

>>28048742
HAHAHAHAHAHAHAHAHAHAHAHAHAHHAHAHAHAHAHAHHAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAAHHAHAHAHAHAHAHAHAA

Nice dump guys it's working its way back up to 1600. Nice CME FUD.

>>28049179
You desperately need it so your 2 eth can get you out of your wendys job huh

>>28049678
Oh nice shifting the goal posts with personal attacks. Screen capping your failure. I was right. You were wrong. Oh yes like cock smothering your all over your cheeks oh yea big boy suck suck suck oh yeah cut your mom's head off do things to it oh yeah

>>28045977
>>28046106
>>28046446
>>28046624
>>28046708
>>28046802
>>28047172
>>28047912
>>28048123
>>28048207
>>28048383
>>28048618
>>28049179
>>28049913
lmao what the fuck happened to you dude

>>28045875
Too many newbies trading it. Big boys are trying to shake them out so they can lift it up properly. That and people are afraid of the CMEs coming out tomorrow

>>28045875
ETH is unsustainable during times of high activity, gas prices are fucking stupid and shouldn't be a thing to begin with. You have a better shot with XLM, because that has literally no transaction/miner fees. Seriously. There's a huge future in XLM, and it's going to replace ETH later this year.

>>28050262
I farted on your face. I FARTED ON YOURRRRR FAAAACCEEEE

https://www.youtube.com/watch?v=z7IyTvFxjJk

>>28045875
Because SERGAY IS BETRAYING VITALIK TOO

>>28050491
If you want an ETH alternative AVAX is the only answer

>>28045875
People finally realized that ethereum is a scam.

>>28045875
It's because eth is shit, it can't scale ... cardano is going to overtake eth .. hell, even ava, zil, and neo are better layer 1 platforms lol

>>28046599
where do you find the expiration price of the futures?

>>28050491
>There's a huge future in XLM, and it's going to replace ETH later this year.

>>28049179
This aged poorly

It is just following BTC

>>28045875
It's shit

>>28053784
>leave behind a big fat tail below dVAL
>at dPOC climbing toward 4HPOC
>HUUUURRRR DURRR THIS AGED POORLY
OH MY PRICE DISCOVERY IS A RANGE DURING PLATYKURTIC DISTRIBUTION THIS IS CRAZY OMFG I'M SO FUCKING STUPID PLEASE RAPE MY FACE
With pleasure

>>28047297
>1600
Holy shit. This is massively inflated. I didn't realise how high it was. I need to hurry up and sell.

I've never seen so much mentally retarded fudding in a while

You guys do realize that Ethereum is just following the market in general right now, and that it's struggling to fall below 1500 even then? The absolute state of /biz/tards, see you guys when you pink wojak over trying to buy this shit when it hits 2100

>>28045875
Because it’s a piece of shit

>>28054167
Deranged schizo is angry

>>28054480
Yeah because you're busy sucking off little timmy instead of getting in my ass head first.

Ignoring the schizo, Ethereum probably will go up. It may tank to $1400 or a little lower for a week in the worst case scenario, but you'd have to be mentally defective to bet against Ethereum hitting $2000 within a month.

>muh gas fees
The hype from midwits will be enough to push it to at least $2100. Doubt it will hit $10k this year though, that's pure greed-cooming and they will onions out and sell off their bags over the gas fees before it could even hit $3.5k.

Cap this.

>>28045875
>Someone wanna explain why this piece of shit is dumping harder than pretty much everything else? What the FUCK.

ADA eating it's market cap.
Flippening soon.

>>28050557
smooth brained retard confirmed. by the way, it's still dumping.

>>28055551
It's barely a dump in all fairness

It's more of a dip that was able to be seen a mile away

>>28055551
>crabs around the POC in the value area
>dumping
No a dump is what I take your mom's head every night. Going down and up 10 dollars from time to time isn't dumping. It's called finding and equilibrium between buyers and sellers before ripping out to take care of the next set of buyers and sellers at the next price level.
>>28055051
I love you too babe

>>28050491
this guy gets it

>>28050491
I think you're right in the long-run, but I'm not going to underestimate the ability to midwits to drive its price up to 3k or something still stupidly high like that if they're aiming for 10k

>>28055051
Capped lol.

Didn’t the whole market move down a little? Nbd desuuuuuu

Why do dumps/volume drop offs always seem to happen around the same time of day (10:30-11:30am est)? It's uncanny.

>>28056578
>Didn't the whole market move down a little?

Yes lol. It really isn't a big deal for now if this is the worst we're seeing Ethereum at during this market move.

I don't think we'll need to deal with any sort of existential panic regarding ethereum until we start seeing news outlets and midwit-nerds complain about ethereum gas fees.

>>28055551
Come back stinky poopy boy you have to explain yourself now like that other minge.

>>28046692
You can now invest in eth without owning eth

Once again you ladies run away because you know you can't handle my monster ding dong in your ass after the defeat I just gave you, especially OP.

>>28045875
Dumped all my eth for ADA and ATOM about a week ago. Hella comfy right now.