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/biz/ - Business & Finance


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18469288 No.18469288 [Reply] [Original]

When did you realize this was glorified vaporware? I started getting the feeling this was non enterprise grade tech when I started seeing all the enterprises join the EEA. The final straw for me was on March 4 when Ernst Young and Microsoft said they were building the Baseline Protocol to onboard other enterprises onto the Ethereum chain. At this point, it seems like the enterprise settlement layer will largely be dominated by ETH and Hyperledger. I can only find on “enterprise” using Tezos and it’s a non profit automotive research company, basically a literal who. Microsoft and EY dedicated their resources and devs to the ETH chain makes it apparent who the chosen chains are. Tezos will hopefully find a niche use among retail users. On top of this all you literally have founding members stating to the community they are leaving because of internal threats. Mix that with the years of lawsuits and this thing just looks almost comical. Glad I made this realization before it was too late

>> No.18469321

keep fudding loser, binance staking comes this week

ethereum staking comes uhh....errr.... give us another 4 years guys

>> No.18469348

>>18469288
I feel you're wrong.
Look at the road it did in late 2019-2020
This is not just retail interest growing, market pricing this so fast and so strongly means that something is in it.
You're searching in docs, those are just news, and of course ETH is named (well established) and TZ is not (new rising shitcoin).
Founding members bitching is a common thing among all the crypto, do you think that someone takes Vitalik tweets seriously? No one does.

>> No.18469349
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18469349

>>18469288
Of course it's vaporware. But people are making money off of it.

There are literally hundreds of vaporware projects in crypto that will never in a million years come to fruition. They still have billion dollar market caps and you can still trade them for a profit.

>> No.18469361

>>18469349
>vaporware
Ada is vaporware, Trx is vaporware, everyone says that Tz has an actually working product.

>> No.18469400

>>18469321
>>18469348

>>18469348
You “feel” but those feelings have no basis. You said it yourself, the documentation and news releases are all centered on Ethereum. Baseline Protocol is designed by Ernst Young and Microsoft, not Ethereum. This shows enterprises are allocating their money, devs and other resources to the ETH and Hyperledger chains. You can read about it DIRECTLY from Ernst Young. The writing is on the wall, don’t choose to willfully ignore it.

https://www.ey.com/en_gl/news/2020/03/ey-launches-baseline-protocol-an-open-source-initiative-for-the-public-etherum-blockchain

>> No.18469415

>>18469361

Is “everyone” other retail investors or is “everyone” the major enterprises that will utilize the tech on the backend as a trustless settlement layer? Don’t be fooled because crypto twitter says its “working product” watch the actions of the big corporations and enterprises and see where they put their money and time. Good luck

>> No.18469422

>>18469349
Yes well said, of course you can still make money on it. At the end of the day you’re still trading/holding shit though...just not my style.

>> No.18469446

>>18469400
You have to never buy the news, what you're quoting are the news.
Priced in news.
Did i say that tz is going to flip eth or something? I just said that it's growing fast, and for a reason.
If you don't understand the reason, you can't just argue that is "vaporware" growing, the vaporware age in crypto is done, this is proven by ada and trx slipping out of top10 and soon out of top20.

>> No.18469469

>>18469400
ethereum is going nowhere fast, i dont care how many "enterprises" are dicking around with smart contracts. put up results.

>> No.18469531

>>18469288
>I started getting the feeling this was non enterprise grade tech when I started seeing all the enterprises join the EEA
in 2017 before tezos was released? and then none of those enterprises ever did anything with ethereum? I hold both but lol

>> No.18469570

>>18469531
I’m talking about EY and Microsoft the two largest EEA members collaborating and putting resources together to make the Baseline Protocol for ETH

>> No.18469589

>>18469446
I see what you’re saying but there isn’t even a hint of enterprise usage. Nothing I can find at least. Can you provide me with anything that shows even the slightest interest from a major enterprise? Enlighten me anon, I am genuinely looking for a big name that has put their name behind XTZ

>> No.18469601

>>18469469
If ETH is going nowhere, where is XTZ going? I don’t see enterprises building open source protocols on the XTZ chain

>> No.18469651

>>18469321
what the FUCK are you staking for? No one is using this shit. Staking is just a fucking meme. You might as well hold out for EOS to introduce staking, because all it is is a way to pump the token.

>> No.18469723

>>18469589
Tezos getting in top ten, its simple price action, shows that it actually got interest from one or more major enterprises, while vaporware shit like ada lost it.
When Eth was pumping you probably couldn't find very big names, when the big names came out it was already dropped.
Just priced in news.
These major announcements and partnerships are simply 2017 marketing shit, iota kept listing a lot of names but dropped horribly.

Now, i see that you want to know what's moving in the deep, but this kind of fundamental analysys isn't very useful, because the real big news are scarce and get out when it's too late.

>> No.18469760

>>18469723
You’re foolish if you think the rise to top 10 was fueled by enterprise purchases. You realize Tezos held one of the largest ICOs ever, instantly capturing hundreds of thousands of bagholders. Couple that with the first to release the staking meme and you have the perfect storm to attract normies and laymen. There isn’t a hint of enterprise attention here anon, you’re making up scenarios in your head to cope with the facts I am stating.

>> No.18469850

>>18469760
And it gets to 2 billions in a complete dry dead market, near to the biggest bnb, that's owned by an exchange that kicks asses.
See, your "someone on twitter saw that they were staking" theory doesn't hold very much.

I know that you would prefer to read big names and make a 1:1 equation leading you to evaluate the asset actual value and plan how much far it can go, but there's no such thing.
If you believe that this is true for other shitcoins or stocks, you're wrong.
All you can find on the mainstream media is old priced in info.

>> No.18469999

>>18469850
Tezos was outperformed by many coins in the bear market, Chainlink one of the them. Let me ask you this anon, why are enterprises outspoken about the Ethereum chain but won’t say anything about the Tezos chain? You’re hinting at possible NDAs, why can Microsoft, Ernst Young, IBM, Intel, TaoBao all discuss how they are leveraging Ethereum but suddenly nobody can say anything about Tezos? I’ll give you a hint anon, it’s because their interest doesn’t lie there. Why would they discuss Tezos when everyone is building on ETH? The writing is clearly on the wall you’re just ignoring it now.

>> No.18470069
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18470069

>>18469999
Thanks, just sold my stack

>> No.18470081

>>18469999
As far as i've seen, link never outperformed tz, but actually those are the only two shitcoins getting into top10.
Enterprises are very big and work in ways we don't understand, they don't support just one shitcoin directly, maybe because there are other shitcoins they look at or work with.
Eth has been around a very long time, what you read about the big enterprises are old projects, there's not an actual big project involving any crypto.
It's just kiddies in a room playing with play dough at the moment.
If you knew the story of apple and ibm you would understand what i'm saying.

>> No.18470109

didnt read past the first sentence but i assumed it was a scam when i saw it's a eth competitor that wasn't eth.

>> No.18470124

I have a great feeling about Tezos and all the Tezos doubter are going to eat a big pile of shit and cry

>> No.18470177

And trust me, reading the news you wouldn't have tought that apple was going to become so big in the future, outperforming giants like ibm.
Apple itself had a lot of troubles even when they became big, and it was about to crash several times.
There were other big companies that faded away, too.
So big companies are the future? No. They have money, this doesn't mean that they have the vision, and often they don't have the right structure to get another vision, that's why netflix is pissing on the majors heads nowadays.
Vitalik has the future of crypto? Who knows.
Maybe the #105 shitcoin now has someone that actually isn't a fucking crook or a retarded autistic coder, and in the next years he will be in the right place.

What we can actually consider is just the price action, while keeping just an eye on the news, and maybe look in other places than the mainstream media, this is why you lurk here too i guess.

>> No.18470332

>>18469760
You're putting in a lot of effort fudding this coin....quite bullish, how many tezzies do you own?

>> No.18470374

>>18470332
All in LINK. Doesn’t matter whether ETH or XTZ wins, they both need LINK at the end of the day. No viable alternatives. And yes, I looked into Oro and it’s borderline laughable.

>> No.18471165

>>18469288
Why are you so scared of Tezos? Are you dating your Eth bag? Just diversify your shit if you are afraid of Eth killers

>> No.18471183

This shit is the new NEO. Hold NEO in your wallet for GAS. Who is using NEO again?

>> No.18471184
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18471184

>>18470374
>Doesn’t matter whether ETH or XTZ wins, they both need LINK

>> No.18471266

>>18470374

Can you share your oro findings? I thought it looked like shit but was gonna start a research kick on it this week.

>> No.18471981

>>18469288
>>18469321
>>18469349
>>18469400
>>18469531
>>18469760
>>18469999
>>18470177
>>18470374
>>18471184
>>18471266
>TEZOS just got HACKED!!!
Sell you Tezos now the price will go to $0.10
I have already sold all my Tezos and went all in on USDT, Chainlink and BTC
The price is dropping already!

>> No.18472061

>>18469288
COPE, the thread. Ethereum has been spinning its wheels for years trying to launch eth 2.0/proof of stake and is stuck with 2017 tech. meanwhile, Tezos has a working product that can constantly evolve and upgrade proposals can be made by the community and for by stakers on-chain every quarter. literally unfuddable. ethereum is still only 10x tezos despite all of muh enterprise partnerships. cope nigger

>> No.18472098

I realized it like last month when Arthur’s wife said that they will be using another blockchain for her project. Even Jebus stop shilling it on Twitter. It’s unironically over

>> No.18472118

>>18472098
YES!
>Because they knew it was hackable and full of spaghetti code
It now has been hacked holy shit INSIDER INFO the price will tank hard!
>$0.10 Tezos incoming Jeebus, Arthur and Kathleen already sold

>> No.18472161

>>18472098
they both still tezos on twitter like good little hebes