-88.25%

which is why they're being manipulated into dumping.

It's not just me then... good. I think there is still one more engulfing drop yet to come. There are still so many people hoping and holding.

>the absolute state of Jow Forumslets

You retards are so shortsighted and stupid you don't even comprehend that we're creeping up on the next global recession, the very type of event that spawned bitcoin and in which it will truly thrive.

You stupid fucks think bitcoin is old news when it hasn't even been through a single fucking recession, much less a serious one. Holy shit, how stupid can a Jow Forumslet get?

You absolute fucking morons realize that central banks have been planning "bail ins" for years now, DIRECT CONFISCATION of your fiat in bank accounts? And you think there is anything less than 100% chance of bitcoin being the universally agreed upon save haven?

Holy fuck. Retards.

ethereum is guaranteed to survive. notice how all of the competitor platforms to ethereum are seeing no developer adoption? where are all the company and bank backed stablecoins being launched? what platform are the banks basing their internal blockchain projects on?

all ethereum. the smart contract platform of choice was already decided when ethereum launched.

So will it replace currencies or will it be a store of value. Just curious who will be saying "hmm oh boy, this recession is a bad one... better buy groceries with Bitcoin." Or will it be "stocks and bonds got hammered, better own crypto that employs no one and has zero intrinsic value."

You're the fucking retard, retard.

You are a fucking moron. Go yell at the wall or something FFS.
Lots of us were actually around during the last bubble in 2013. Hell I remember LTC wicking to $0.00 in GDAX months before it got added to coinbase.

Faggots like you make me think we still have one more big drop coming.

>if

>arstechnica.com/information-technology/2013/03/experts-pour-cold-water-on-claim-that-cyprus-crisis-caused-bitcoin-boom/

>Faggots like you make me think we still have one more big drop coming.

we are. crypto is going back to $1-$2 a coin

ETH $2k EOY

Finally, someone with some fucking sense.

Joke's on you flamer. My shitcoins of choice are worth mere cents. Checkmate.

Attached: Yay.jpg (390x365, 19K)

>Feel like a fool, like the entire thing was just a meme.
>nearly a whole year bear market, countless FUD articles, sentiment horrendous
>Bitcoin still at $6k
Yeah, hell "dead"

>If Ethereum actually survives
Looking less likely by the day. Ethereum will be known a the AOL of the blockchain. They were the first, but they started with a shit foundation and couldn't keep up with their competition.

Let me guess... EOS is the yahoo?

Why would Gemini base their stabletoken on ERC20 standard?

Eh, I look at it more like Ethereum is the World Wide Web to Bitcoin's Darpanet. Shit connects far more organizations and is still in active development.

ETH isn't a unit of currency nor a store of value.

Yet to be seen, but I predict that they have a much brighter future than Ethereum.

Ethereum literally doesn't work.

Why exactly is eos better than ethereum?

Vitalik said Ethereum would still work if the price of ETH was less than 1 dollar....let that set it

It scales, transactions are effectively instant, it doesn't require fees (microtransactions are possible), and most importantly, people can use dapps without having a wallet.

This is why Ethereum needs a native actual unit of currency. Start paying attention to 0xBTC.

Because Jow Forums doesn't have the foresight that the big players do.

The big players have been dumping Ethereum for the past 8 months. But you're right, that's why Jow Forums has so many Ethereum bag holders.

EOS is more like a cloud service a la AWS

>it doesn't require fees
You gotta be shitting me.
Go make a dapp and tell us how "feeless" it is

ethereum never had anything agreed on since it started
sometimes the block reward is 5 sometimes 4 or 2 who knows? miners set a gas limit
node operators have no idea what the requirements in the future are
but that's somehow ok because they have a non validating pseudonode to act like you're doing something

every proposed upgrade is years behind if it will ever be finished
it has only operated ponzi projects like exitscam and kitty game

no coin cap but oh it will be capped some day when vitalik and his 12,000,000 coin premine to himself can host PoS nodes
the project is all fairy dust and won't deliver in the idealistic way all you mETH heads imagine

Transactions are feeless. Meaning a developer can stake their own tokens, and other people can use it without paying fees. Alternately, developers can let users stake their own tokens to use the dapp. The developers can then monetize the dapp the way you would monetize any other web app. This is very attractive for things like gambling and DEXes, where you can use them infinitely without draining your bank account, and are merely rate limited according to the amount of staked tokens.

what happens when the EOS Arbiter uses "stasis field" on all my money?

If AWS was controlled by 21 elected delegates and had a public, immutable database, that would be pretty cool, no?

They would need to convince 2/3 + 1 of the block producers, and malicious behaviour would be punished by losing their block producing rewards. That's how PoS works. Anyways, I've answered the question why EOS is better than Ethereum. I'm not interested in this silly ideological argument. Ethereum is not even decentralized itself.

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What happens when a dev decides to take your tokens back?
Oh you didnt know there was a comical "take tokens back" option for EOS daps?
You forgot that?

Why would you buy tokens for an app that has a "takeback" function?

>despair

excellent.

A lot of people seem to have faith on EOS, yet you don't hear of institutions adopting it like ethereum. For example, the recent news of Austria using ethereum to issue government bonds. Ethereum also seems more established, as eos is relatively new. I'm not funding eos, I'm honestly curious why so many feel bullish with it.

>Why would you buy tokens for an app that has a "takeback" function?
Exactly. EOS btfo

>Ethereum is not even decentralized itself.
only because it is still proof-of-work
levels of decentralization matter too, not just performance

Ethereum has been around for 3+ years and has first mover advantage. EOS was only released 3 months ago. These things take time to develop. The reason people are bullish on EOS is because it is actually delivering on all the promises that Ethereum made but failed to deliver on.

There is no "takeback" function for the EOS token. This was something that the Trybe developers had built into their own coin's custom dapp, and the reason it worked is because with their app, you didn't actually own your own coins. You just held a spot in their database which they fully controlled. Anyways you don't seem interested in having a real conversation, so no more (You)'s.

Well, I might accumulate some eos bags soon as I doubt the value will quadruple overnight. I would hate to miss out on any potential it might hold.

>so no more (You)'s.
Lmao. There'll be "no more you's" because you're getting blown the fuck out.
EOS daps can be altered at any time. Devs can alter a contract to nullify or take back tokens at will. It's a core feature of the system.
Utter shitcoin.

>Ethereum literally doesn't work.
Says the nervous EOS hodler for the 28th time this year. I guess it was just my imagination that it has the most corporate interest and is hosting bonds, stablecoins, etc., right?

>ETH isn't a unit of currency nor a store of value.
um, it's both

Ethereum is old tech

EOS is going to replace ETH and be # 2 coin in cmc

ETC is going to replace ETH
bitcoinexchangeguide.com/popularity-of-ethereum-classic-etc-blockchain-apps-doubles-in-2-months/

forget Ethereum, look at its chart, switch to EOS

Why EOS is rocketing to the #2 spot on CoinMarketCap

youtube.com/watch?v=3kk2FfI0hFI

I'd say the guys who raised 4 billion dollars in a year, have billionaire venture capitalists throwing money at them, and have the largest crypto entities competing for BP spots have the most corporate interest.

Attached: eospepe.gif (300x300, 1.34M)

EOS has way more problems than ethereum.
The one I realized recently is scalability. Eos dapp developers are retarded, they really believe that every single action can be a transaction on the mainnet.
No it absolutely can't. One single big exchange needs several servers to scale - using direct code and sql databases.
Recently some retard made a code that represents inventory in gta5 on chain, every move or use a transaction.
Each bet in a casino a transaction.

There's no physically possible architecture that can support this design pattern. They already have serious problems with cpu time being unavailable.
The current path leads to fully congested network very soon, with few users but each generating hundreds if not thousands of heavy transactions every day. They already had to censor 'spammers' to prevent serious problems - a manual intervention that doesn't scale.

This problem solves itself. Devs simply won't make apps that do retarded shit because there's no profit incentive. Right now everyone is just experimenting and seeing what's possible and what's not. Bitfinex just released their beta DEX, and I'm sure they know a lot more than you do about how to run an exchange on a dapp platform.

>Devs simply won't make apps that do retarded shit because there's no profit incentive
That kills games, the supposed big advantage of eos.
Of all current apps only gambling ones could remain.
>and I'm sure they know a lot more than you do about how to run an exchange on a dapp platform.
there's nothing to 'know'. They have like 1M eos they can stake for it + they are a BP, so they can prioritize their own transactions, giving them their stake+1/21 of the entire network.

Ethereum won't survive 5 more years
it's bloated as hell. Only a few nodes will remain, making it centralized, which makes the point of blockchain completely moot.

> EOS
lel

ethereum's blockchain is only about 40GB right now.
Don't believe retarded fud

the what?
hackernoon.com/the-ethereum-blockchain-size-has-exceeded-1tb-and-yes-its-an-issue-2b650b5f4f62

yes, that's retarded fud, that guy is lying right in the title. Your point?

> truth
> that's FUD HURR DURR
herpa derpa user

That's literally a lie. The blockchain itself is ~40gb. The _database_ of a full node is 93GB.
etherscan.io/chart2/chaindatasizefast

I have to say that's a high quality fud. The accusation is simple, but explaining why it's a lie is complex. Just like accusation against Kavanaugh - it's very simple and trying to disprove it is hard. The accusation got promoted by (((their))) media, ethereum fud gets promoted both by bitcoin maximalists + holders of ethereum competitors.
In the end, none of that is going to matter, truth wins eventually.

we're not able to go above $230/$240 no matter what happens
and when we can't break through higher prices we ALWAYS drop lower, it had been happening since $1420

now we're at $230 and not breaking towards $240, watch this thread in 5 hours we're going to be $210

Yes Ethereum price will be zero in one months time judging by the past 9 months

Someone gets it, the whole crypto market will be on the up during the recession as media start pumping articles to normies saying crypto is a safe haven for your money in the recession.
Buying now and waiting a year or two will be worth it in the end as long as the project has fundementals and not some IDEX shitcoin.

reddit.com/r/CryptoCurrency/comments/8lmy24/the_ethereumblockchain_size_has_exceeded_1tb_and/

seems like this "anti-fud" is simply people trying to be misleading like you. Probably some of you even think you're right.

A fully validating node can't sync properly with the ethereum chain unless you got a good machine, with an amazing internet. In 5 years ethereum will depend on centralized big nodes to actually trust a transaction.
Which again, defeats the whole purpose of a blockchain.

Blocks your path and mainstream adoption

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This user is totally based and redpilled and will make it

>misleading like you.
there's nothing misleading. What is that thread supposed to prove? I skimmed it but it appears no commenter knows anything
>A fully validating node can't sync properly with the ethereum chain unless you got a good machine
no, the only requirement is a ssd
>with an amazing internet
no, there's only ~190MB of blocks every day. Even with 3x communication overhead that's 6.75kB/s to keep on top. Anything above that can go to downloading old blocks.

The 'cryptoaccount2' guy tried to have a technical discussion, but stopanddecrypt didn't respond to him, just reposted simple talking points.
Another proof it's a conscious fud and lies, and not someone who didn't understand how ethereum works

kek
only path he's on is his one to jail

> muh dpos decentralisation
47% of bps in china
democratic voting my ass

that guy is a r/bitcoin's moderator!
I didn't even know that. Still under illusion he's impartial?

lol this is complete shit. only exceeds 1TB if you run an archive node
there's no need to run an archive node at all
normal full validating node is around 50GB

the guy who wrote this is a maximilist who is technical so people think he's true
he isnt

This.

Why I like bitcoin over gold:

Bitcoin is better than gold so I’d say go BTC/SILVER/XMR/LINK for the next economic downturn. Bitcoin is hard capped at 21m — we don’t know how much gold is underneath the ground. You can transport bitcoin anywhere with just a 12 word see inside your brain — governments can confiscate your gold if you try to leave the country and it’s extremely heavy to transport by yourself if you own a large amount. With bitcoin you don’t have to trust a 3rd party to send it overseas — with gold you’ll have to pay for transport and shipping plus insurance along with hoping they handle your gold with care. Bitcoin is easier to spend as it’s divisible up to 18 decimal places — with gold you might have to shave some off to pay for smaller items and you’ll need a scale to measure its weight to make sure you don’t overpay. It costs money to mine bitcoin just like gold by using computational energy solving algorithmic puzzles. The real kicker here that makes bitcoin superior is again the cap on its supply. They’ll only be 21 million. There’s currently 34 million-millionaires on the planet so not even enough for every millionaire to own 1 btc. 7.5 billion people on this planet and if you own 21 btc you’ll be 1 of 1,000,000 people that can own that many. This is how people come up with astronomical evaluations because if for some reason bitcoin does become the global world currency or a settlement layer for derivatives contracts, banks, remittances, the sky is the limit. Gold can also be created in a lab, it’s called nuclear transmutation. You see mercury has a very similar atomic structure and the technology is advancing rapidly to be able produce real gold but for a lot cheaper than mining it. It’s basically an exploit that can’t be patched by an update. Long story short: Buy bitcoin and stack silver.

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>media start pumping articles to normies saying crypto is a safe haven for your money in the recession.

Middle-men
Grey

Sauce on bail-ins?

I'm not sure what he's referring to with regard to "bail-ins" but the impact and risk of cryptocurrencies as a whole is close to nil on a macroeconomic scale.

Sauce IMF at the WEF

>This problem solves itself. Devs simply won't make apps that do retarded shit because there's no profit incentive

You have to be an utter retard to think like this. Why do you think our world is filled with incompetent companies that are utter shit yet manage to hang on?

I bought my eth at 2 dollars.

Eth is poc of smart contracts technology. Why would it survive?

Just came in to say this. The bubble has popped on everything except for bitcoin. If you think a coin in the top 50 is going to survive you might as well pick it up now

Cope harder dan

>I bought $100 worth of eth at $2

You have completely missed the point

wow you're actually right

Vechain
Qtum
Edgeless
NEO

They're these nightmare policies for banks that don't have money and need gibs from the govt. The govt determined that "public interest" would be for the govt to not inflate the currency for a "bail-out," so instead banks can do a "bail-in" where they "sell" ownership of the institution for the cash being held in the bank. It's just fucking nuts. 200% FUBAR

sell your coins to me then fool

agreed

$170 was the bottom, we're gonna moon

I turned quarter of my link stack to rdn. Anything relating to eth scaling is bound to go up in the next bullrun. The next bulrun will be all ETH imo

Exactly what I thought lol. Either despair or desperate EOS/Cardano shills

I read up on EOS quite a bit, and basically what you said is the crux of the issue. There is no incentive to have EOS if your money can be taken away from you

he's right. We are overdue for a recessions. Central banks around the world have been pumping up the us stock market.

it will be the first recession with the crypto option on the table. This time it will be a flash crash. Ai technology has been widely used in the stock market lately.

>couldn't keep up with their competition
niggawhat.png
So far crypto is all meme and barely any tech or usecase. BTS was well adopted for pizzas and hardware, even a few real estate deals so it had future.
Nothing significant happened since then.
Tell me when someone buys a house using VeChain kek

Then why the fuck are so many banks and institutions currently showing interest? How about the wall street bankers that talk about the potential of cryptocurrencies? Are they all retarded or something?