>bitcoin is 10% off it's ATH
>eth is still 70% off it's ATH
pretty cool
Bitcoin is 10% off it's ATH
Dylan Myers
Michael Mitchell
ETH's extremely undervalued, most people are blind to the fact.
Soon.
Jose Ross
lmao
Tyler Allen
Learn how triangular arbitrage works then use your critical thinking skills to work out why eth is in the position it is in right now. If you can't do that, your position in life is just equilibrium of your mental capacities.
Hudson Miller
ETH is literally the most used blockchain in existence. Without it, crypto wouldn't exist like it does. Yet, it's still under 1k USD, which is absurd. I believe we're still too early, though.
Connor Moore
>eth printer go brrrrrrrrrrrrrr
Brandon Parker
>we're too early
Nathan Cooper
It cannot be audited. PoS will not succeed
Eli Kelly
Jaxon White
Brayden Perry
I was turned off from ETH after it took a shit from crypto kitties
Robert Price
Are you retarded?
Jason Butler
>My alts are 800% off ATH
Jayden King
buying eth before btc corrects is stupid honestly
Leo Lee
facts
Xavier Nguyen
POW is proven and works fine. POS is new and hasn't been proven enough to completely replace POW for ETH. If they release POS prematurely it will kill ETH.
Liam Cox
>14k eth mined per day.
At 17.6k usd 246 million usd should enter the market per day to keep the ethereum price at 17.6k usd
>Bitcoin 900 coins mined per day
To maintain a price of 17.6k 15.8 million usd need to enter per day.
>Average transaction value in usd
Bitcoin 190k
Ethereum 1k
bitinfocharts.com
>Median transaction value in usd
Bitcoin 695
Ethereum 0.000x
bitinfocharts.com
>Active Addresses per day
Bitcoin 730k
Ethereum 546k
bitinfocharts.com
Ethereum needs less inflation and eip 1559 to survive.
Nathan Diaz
Also yes the test net works fine but that doesn't mean it won't shit the bed once they have hundreds of transactions cued while they have it go live.
Camden Rodriguez
where should i be buying my eth if I am a burger? At an exchange or with a wallet?
I cant use binance in my state and I am tired of using coinbase
Ryder Rogers
ETH has no cap on supply.
Hence, the price.
Jordan Watson
It works for tezos.
I think all these theatrics is hurting ethereum.
Lucas White
This too.
Leo Carter
>he bought bitbean
Point at him and laugh
Austin Richardson
Right and is Tezos as big or bigger than ETH? Also keep in mind ETH is the back end of defi so I figure POS will shit the bed once it goes live on the new chain.
Andrew Bell
Adding:
Back in 2016, Ethereum co-founder Vitalik Buterin projected the supply won’t cross 100 million in the foreseable future – not until the next century at least.
Whooops.
Brrr...
-ETH has no cap on supply, hence the price.
And
-It cannot be audited.
Mason Bennett
The beauty of infinite supply
Luis Nguyen
bad fuds
ETH helped me turn $500 into like $6000 in 8 months
i hate all you fudders and douche mctrollz
Josiah Thompson
No fud.
These are facts:
Perhaps doubting his initial prediction, Buterin brought in an Ethereum Improvement Proposal (EIP) in April 2018 to cap the total Ether supply at 120 million.
“In order to ensure the economic sustainability of the platform under the widest possible variety of circumstances, and in light of the fact that issuing new coins to proof of work miners is no longer an effective way of promoting an egalitarian coin distribution or any other significant policy goal, I propose that we agree on a hard cap for the total quantity of ETH,” Vitalik said in the proposal. “I recommend setting [a maximum supply of 120 million], or exactly [twice] the amount of ETH sold in the original Ether sale.”
As of today, the EIP has not yet been accepted, and the network’s supply remains uncapped.
The total supply of Ether has been seeing a constant rise (approximately 10 percent) per year.
Gabriel Young
You're omitting the abundance of ERC20s on ethereum
You're claiming "to be 17.6k" when ETHs ATH was 1.4k
Flawed and biased.
Jacob Russell
at 1.4k ethereum would still need 4 million usd more per day than bitcoin needs at 17.6k to remain at 1.4k.
>You're omitting the abundance of ERC20s on ethereum
?
Wyatt Thomas
theres just still plenty of people who don't believe the updates will work out
what they don't understand is if the updates won't work out, there will be other updates. ETH is a bet on innovation and evolution. It is going to be the bond of the most secure and important blockchain in the world.
It is now a completely separate narrative from bitcoin. It is no longer in its shadow but is rather casting its own.
Get on with the times or forever miss chance #2 to make it.