What’s gonna happen

wrong

Ok whatever, the protocol is not worth 20 billion yet based on its current capabilities. Its just a protocol that provides a kickstarter type interface for scam coins. Name a fucking "dapp" that anyone uses. Beyond that, do you honestly think anyone besides internet libertarians cares about decentralization. Eth will continue to drop

They dumped most of it which caused the massive ETH price drop, ICOs now only own about 3.5% diar.co/ico-treasury-balances/

>Beyond that, do you honestly think anyone besides internet libertarians cares about decentralization.

smartereum.com/35532/ethereum-eth-latest-update-australian-government-set-to-tokenize-bonds-on-the-blockchain-of-ethereum-eth-ethereum-news-today-eth-usd-price-today/

Big money buying it cheap, while people cry about it being dead. Once this rockets up to 2-3k next BR, everyone gonna buy in at the top. Happens EVERY FUCKING TIME.

Awesome source bud, obviously not biased at all when the name is "smartereum". Stupid site says Australia in the title and then Austria in the text of the article.
Can you tell me why Ethereum as it is right now is with more than twitter, which millions of people actually use every single day?
Dump Eth and rebuy at $20 a coin, does not deserve its current value. Literally all hype

sitting on 30 eth, gonna make it bros

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isn't it 32 to stake? dumbass?

still accumulating my dude

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I am so fucking angry right now. I opened a long at 5x back on the 29th. Entry price of fucking 218.53

Now I'm sitting here like a DIPSHIT with 0.032 realized losses from funding fees and waiting to see this shit hit double digits. Fuck me.

it will never moon because the ico greater fool theory is over and companies don't use public blockchains, they'll simply run their private version if they find it useful

there is nowhere to go for eth but down in the longterm, eth cannot even scale to support enough usage that would put any upward pressure on the eth token

buy btc if you want to make money mid-longterm, everything else is a shitty investment because it's pretty much impossible to monetize decentralized tech with open source code

>>Beyond that, do you honestly think anyone besides internet libertarians cares about decentralization.

The problem isn't that people don't care about decentralization. Its that it doesn't take very much decentralization to be effective at thwarting most problems that exist with actually centralized mediums. On top of that, true decentralization is a fucking meme unless you can get AI to be the core dev team or some shit and EVEN THEN good luck trusting them.

I work at an ico. We have been dumping every day regardless of the price. If it goes up to 400 we have it in place to dump everything

>and companies don't use public blockchains, they'll simply run their private version if they find it useful

What good is a private blockchain HA!
I guess we will see how this pans out but I cant tell you right now for a fact blockchains have a very specific use case and none of them fit with private anything.

*Can

yea, the use case is storing and transfering value. That's the only use case blockchain has proved to be good for over the years. Everything else is a meme. Companies if they'll ever use blockchain they'll do it to cut costs, not to make a bunch of neets rich.

If the institutional money meme ever comes true it'll be for btc and btc only. No sane Fund will ever invest their money long term in open source code beyond btc or maybe xmr. Blockchains that are supposed to serve anything more than a currency/store of value cannot be monetized, it's never gonna work.

Dumbass kek

>Blockchains that are supposed to serve anything more than a currency/store of value cannot be monetized, it's never gonna work.

Blockchains are micro transaction machines though. Which is the holy grail of all things money. It will leave companies like EA and Activation salivating. Something like LOOM or EOS will allow players to seamlessly play a game without ever even knowing they are spending money.

The problem is that a private blockchain holds no real value. Everyone will be forced to use public blockchains that already have value by default. Making a private blockchain is starting over at zero and nobody will really take the value very seriously. Its too centralized for the medium to really work correctly.

tell that to the people working on hyperleger, corda and all the other private blockchains. There is levels to everything, and apparently they can make it decentralize enough within their means.
micropayments aren't gonna make any holder rich because for a token/coin to go up in value it has to be hoarded so its supply shrinks drastically, if people only use a token for like a second and it gets converted back to fiat it's never gonna go up in value.

what counter arguments do you have?

>micropayments aren't gonna make any holder rich because for a token/coin to go up in value it has to be hoarded so its supply shrinks drastically, if people only use a token for like a second and it gets converted back to fiat it's never gonna go up in value.

This is why platforms like EOS are expensive to use. You need to stake coins for resources.

> There is levels to everything, and apparently they can make it decentralize enough within their means.

Possibly, I guess I can see your point. But honestly the best way to make money in the dapps space right now is grab a coin that already has value and is fully public then micro transaction the fuck out the dapp in as many sneaky ways as possible.

eos is just as centralized as those private closed blockchains, and companies would rather use something they control themselves than a few "delegates" or whatever chosen by some shady ico with a shitcoin attached to it.

Normies don't care about dapps or decentralization. surely not enough to support all those multi billion dollar market caps for dapp/smart contract platforms

>Normies don't care about dapps or decentralization. surely not enough to support all those multi billion dollar market caps for dapp/smart contract platforms

The trick is they dont even need to know its happening.

> eos is just as centralized as those private closed blockchains

Those private blockchains better be pretty decentralized for that to happen. Only a decentralized blockchain will have to deal with fucking red china moving in and setting up shop against the creators will. kek

These arguments areso old and boring. "No one uses it." DocuSign just came out and said they are using it. Austria is issuing over 1 billion dollars worth of bonds on Ethereum. mlbcryptobaseball.com. You should get out of your mom's basement more.

sub $100

over $10k