I'm getting MySpace vibes.
I'm getting MySpace vibes
myspace vibes indeed.
>forever lingering
>never flourishing
the way things are going LP shares will be 100 ETH EOY, with the fiat value not even changing
It's still the top token platform and not going anywhere. A few financial institutions just put security tokens in the 100s of millions on it. But without ICOs there just isnt't all that much demand for Ether.
>A few financial institutions just put security tokens in the 100s of millions on it
It means they didn't do their research. It doesn't change the fact that Ethereum has been extremely underwhelming up to this point, and will likely never achieve anything it was originally supposed to.
ETH is just gas, it shouldn't be bought as a speculative asset, just like you don't buy 95 ron gasoline in the hope of moon.
even vitalik knows that its worth too much and should be priced based on its usage as gas
Sorry ETH. UND will be here.
Also fuck Defi.
in whose favour though, bitcoin? why? i mean ethereum offers so much more.
Well since it's correlated 1:100 with LINK I wouldn't be surprised if it's worth more in ETH.
Are you really trying to have an honest discussion over ETH on biz? Only absolute brainlets didn't yet realize that the next decade will be reigned by ETH
i dunno if it'll be 'the' coin long-term. i.e whether it's the best crypto can be, but it's surely demonstrably 'better' than btc in that it offers a trillion more features. btc is just an absurdly power-hungry coin, nothing more.
i feel like it's a competition to be the best. but if bitcoin is already provably inferior i don't get why it's still #1.
Brand recognition and liquidity (which is somewhat a vicious cycle)
I don't see what coin on the market should overtake ETH. Network effect has set in and Defi is already exploding. This will be the next buzzword
Right because the platform with 98% marketshare of defi and 4x the developer mindshare is truly the next myspace. Go FUD on reddit dumbass
Im getting FB vibes..
agree what's a good short to place niggers? $70 eoy?
ETH is the patrician choice. Buy now or stay poor and regret forever
eth = myspace
holo = facebook
eth max tps = 35
holo tps = 500,000
at current growth rate by 2030, the eth blockchain size would be 1300TB in size and take years to sync.
it's possible for ethereum to succeed and for ETH to have a low fiat price
accumulation user. As soon as staking starts we will see 4 digits. The FOMO will be immense
This.
It's not all about TPS but hashrate user
more usage != increase in USD price
>even vitalik knows that its worth too much and should be priced based on its usage as gas
I wouldn't trust Vitalik's judgement on price prediction, he sold 25% of his total ETH holdings at 6 dollars.
ETH will breakout pump massively hard around 2.0 and BTC's slow stair stepping up to 100k
the ETH target this cycle is $5k
Fantom makes my dick hard
This is why every ETH hodler should trade a small portion of ETH to HOT so they make it either way.
i took out a 15k loan to buy ETH at $80 and im genuinely getting worried about this shit now.
Checked and already done.
Fucking delusional lmao
Ethereum at 5k would imply it has a market capitalization of 520 BILLION dollars, do you even realize how retarded it sounds?
Holy fuck you're autistic dude
Eth is unstable so I put my money in promising IEO Telecoin
You’re still in the green kek
Plot twist: a gallon of milk costs $50 in that scenario so his math would still work.
>this cycle
>ETH 2.0 is 3-5 YEARS AWAY minimum IF bagholders are lucky as fuck
absolute state
almost nothing in the crypto market even makes sense dude. this market is so abnormal a 5k ETH is possible when BTC is over 100k. just think about it. BTC brings everything UP eventually.
Not US compliant, so you’re actually getting chinked vibes fren
I dont know, im setting 8k but thats assuming the cycle repeats its self.
>invest in everything, btc will make it all go up
ETH isn't gas, its a currency which pays for the computational unit gas.
are you seriously claiming dollars are 95 ron gasoline too?
That's retarded thinking.
There are limits to how much money can or will flow into retarded cryptoshit.
And we are nowhere near that threshold.
ETH blastes way past that threshold in 2017/18. it is over for this clusterfuck. the bleedout to single digits will provavly take years though. for crypto in general the sky is the limit
No it didnt idiiot. The entire cryptomarket has not even come close to it.
>my usless shitcoin with no usecase will be worth more than Google
are you dense?
if crypto goes anywhere it's because ETH succeeds; nothing else has the trajectory to facilitate mainstream adoption
more like:
eth = myspace
holo = IndianFriendFinder.com
eth max tps = 35
holo tps = vaporware
This is altcoiner cope
>"no usecase"
>btc shill
thinking emoji
Just hold 32 and take your comfy gains and passive income next year.
>what is the first mover advantage
>what is a hard cap
>what is scarcity
>what is demand
>what is network security
Enjoy holding your premined pedo friendly scammy tokens
>at current growth rate by 2030, the eth blockchain size would be 1300TB in size and take years to sync.
The hardware requirements have already become excessive and may cause the system to fail at any time. They're now rushing to push out eth2 before eth1 fails and dropping every buzzword they can find while hiding their panic behind nervous jokes.
You stand behind your unscalable tech and jerk yourself off over USD price.
Meanwhile I'll keep building and supporting scalable life altering tech.
We will see who ends up ahead
i like how you are grasping at straws so much that most of your points are the same points reworded
based
Yeah but eth2 is going to be awesome and people can actually run a node again.
>the reddit hivemind speaks
no dumbfuck, ETH is not relevant to the future of crypto. a footnote of interest in history. a good idea terribly executed with devs that do not have a handle on the codebase and a dev process so laughable and scattershot that the project is wallowing and dying because of it.
Atleast I'm not down 70% holding a russian digital platform for ponzi schemes
you are literally rambling
calm down, try arguments
bought at 30 usd, up 20k :^)
>smard gontacks
>devs that do not have a handle on the codebase and a dev process so laughable and scattershot that the project is wallowing and dying because of it.
nice boomer buzzwords
> Unknown inflation model. Has been changed, can be changed at any time
> POS has tanked the price of every coin
> Risky Tech upgrade
> Hyprid POS/POW model will be contentious involving higher inflation to satisfy both parties
> No more scam ICOs to support price, enter scam DeFi meme with 20% interest rates and risk of liquidation when ETH tanks again
> Risk of ICO scam dumps and 72 Million premined ETH dumps
> Price has been tanking for over 2 years now. $390 in June when BTC was $2,400 at .15 BTC ratio
This is how much you can trust ETH monetary policy. Vitalik also claimed it would take a century for ETH supply to hit 100 Million:
> approx ETH supply 95,912,556 time 2018-11-03
> approx ETH supply 98,562,556 time 2025-10-02
> approx ETH supply 101,212,556 time 2128-03-20
reddit.com
There has been a 30% increase in supply in 3 fucking years!
nice pasta, shame most that fud is incorrect but i aint here to teach brainlets
You do fucking realize that the rewards will be shit, right? Of course you don't, since you're a fucking delusional bagholder.