TIME TO CATCH UP TO BTC LET'S FUCKING GOOOOOOOOO
TIME TO CATCH UP TO BTC LET'S FUCKING GOOOOOOOOO
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WTWTWTWWTTTTF WAS THAT
HOLY SHIT 4 MORE DOLLARS IN 2 MINUTES
based vitalik
Flippening is back on the menu
this shit should be at $10,000 by yesterday rrrrrreeeeeeeeeeeeeeEEEEEEEEEEEEEE
man this is weak, why don't we deserve monies
btc absolutely mogging eth since October
Wait a year and half then move to eth.
ETH inflation = 14000 new eth mined per day
BTC inflation = 800 bitcoin mined per day.
Do the math , eth seller pressure is monumental when it goes down.
an absolute blessing for those in the know
yep. time to buy ETH right fucking now.
Checked. We're coming for you grandpa BTC.
bruh, you're actually some kind of retard
>wait a year and a half
because you knew this was exactly the day bitcoin was going to go ballistic, how are you even trying to make any sense?
few understand this
IT CAN'T FUCKING SCALE. HOW MANY TIMES DO WE HAVE TO SAY THIS?!?!
ETH is pure spaghetti code. ETH was without a doubt a great idea; I will not deny that at all. However, most people in crypto don't have the comprehension or knowledge to be able and look at the code-base and identify flaws that could be catastrophic, both in terms of economic, security, and overall functioning in cost signals.
Vitalik is smart. However, he's the most retarded smart person in all of crypto. He's a fucking child who doesn't own up to his inability to produce a creation and has longevity. Him and his cronies wrote shitty-ass code. It can't scale. The only way it can scale is constant upgrades each time they feel things are getting congested. This is where the problem lies. It is impossible for ETH to implement a scaling solution to where it doesn't need upgrades anymore. For ETH to work, it will need constant upgrades of ETH 2.0, 3.0, 4.0, so on and so forth for an indefinite amount of time - just kicking the can down the road. Off-chain scaling won't work either because ETH's security is already shit on a stick. Making something more complicated that is already a piece of shit is 100% pointless. People can never steadily develop something on ETH because with each 'scaling upgrade', those who are creating on ETH will have to pivot each time to ensure their product is compatible to work on ETH. To sum it up, each time ETH decides to upgrade to scale, it just gets worse.
For ETH to work to the level needed, the amount of ETH in ever single wallet needs to be known after each transaction. Since ETH cannot implement SPV, it's impossible for ETH to scale because it does not have the capabilities to know the exact amount of ETH in every single ETH wallet after each transaction at a massive scale.
The only way to permanently fix ETH would be to roll back the chain to the beginning almost. Vitalik is just your average Russian retard who can't produce anything of value.
>because you knew this was exactly the day bitcoin was going to go ballistic
Yes
>how are you even trying to make any sense?
ETH inflation is around 4.50% even dogecoin has lower inflation , however steady inflation is also decreasing inflation relative to an already high stock.
23% of eth are in exchanges
btc was 9% on a few weeks ago and going down, soon 1% of btc will be on exchanges and the market will be out of btc.
So should I put $1000 into ETH tmrw?
All good things to those who wait
is it too greedy to wait for one more leg down on the ratio?
>it can't fucking scale
and bitcoin can?
btc is also above 3% rate, i really fail to see how that is the main reason for selling pressure, it's utterly pointless with coins that have this much market share dude
stop your pointless maximalism
Anyone who was around last bull run. Knows after BTC, ETH melts faces off
Organic growth no Tether required (unlike BTC)
>btc is also above 3% rate
That was before the halving.
bitcoin inflation now is bellow all fiat currencies , real estate and gold at around 1.50%-1.80% per year.
Monero follow close at 2%
Then litecoin at 4%
Dogecoin at 4.20%
Ethereum at 4.50
Dash at 6%
Zcash at 60% (memezuela tier yes)
probably. You're already getting left behind. All coins rose slightly as BTC took off, now they will catch up with even higher % as BTC gains are sloshed into lower market cap coins.
can i get an honest answer on what the strategy is here bros? Am I going to want to sell half when ETH hits like 1000$ and wait to buy back in when it dips again? Or should I just hodl forever. I only have like a 7k account and am learning how to grow it for now
Yea, most or all tech needs constant upgrades and updates. How is that an unusual bad thing?
Guess Windows will never be successful either, because it needs constant updates and shit?
there is no certain number where you can time it perfectly. you just have to read the temperature of the room and know when it's over.
Why is this mooning?
announcement of ETH2.0, following BTC rise due to election, etc
If eth2 really hypes up and gets regular investors interested it will be huge. It almost flipped in 2017. If half of btcs market cap flowed into eth it would be at $2k, that could happen next year.