Thread 60741026 - /biz/

Anonymous ID: JGa543LQ
8/5/2025, 9:29:33 AM No.60741026
logoETH
logoETH
md5: 4bdc4f3b4eaab7c9054c56f482389b4a๐Ÿ”
>crabs for 5 years now
>most talked about coin in /biz/
What causes this?
Replies: >>60741047 >>60741049 >>60741059 >>60741065 >>60741187 >>60741487 >>60742562 >>60742676 >>60742906
Anonymous ID: pw9VXa/K
8/5/2025, 9:34:02 AM No.60741042
> Crypto's glory days were 2017-2021
> This site is full of people who's peak were between 2017-2021
> They either have no idea what is the current coin that will moon or won't tell you
> Oooh but the ETH bags I bought 10 years ago are doing well!
Replies: >>60741137
Anonymous ID: yhuc1Xn8
8/5/2025, 9:35:12 AM No.60741047
>>60741026 (OP)
Everything ultimately comes back to it, it's the center of the ecosystem
Anonymous ID: 8i3onQzJ
8/5/2025, 9:37:37 AM No.60741049
>>60741026 (OP)
It's literally THE Blockchain, newfag.
Other coins not needed.
Anonymous ID: vSRXtkLv
8/5/2025, 9:40:02 AM No.60741059
>>60741026 (OP)
Nvidia crabbed for nesrly 2 decades, 5 years is nothing.
Anonymous ID: 0CbtdjTa
8/5/2025, 9:43:22 AM No.60741065
>>60741026 (OP)
lots of bagholders who still dont understand that the game has changed.
the original ethereum vision was scaling that blockchain so every economic activity on the planet can run on this single Ethereum chain.
of course this turned out to be impossible so L2s and other Layer 1s popped up and most of the money is flowing into those now.
Replies: >>60741079 >>60741137 >>60741155 >>60741685
Anonymous ID: JGa543LQ
8/5/2025, 9:47:46 AM No.60741078
I mean, even if it really is the time for ETH to shine here, we are finally getting the long awaited recession. Crypto will MEGADUMP in its first real recessionary environment. Meaning, ETH will not moon, but maybe DUMP slightly less than others.
Anonymous ID: 8i3onQzJ
8/5/2025, 9:47:46 AM No.60741079
>>60741065
Kek
https://etherscan.io/chart/gaslimit
Replies: >>60741186
Anonymous ID: NcQkHQJD
8/5/2025, 10:16:41 AM No.60741137
>>60741042
This. Everyone here is just a bagholder from 2020 tbqh. Most normie investments have been outstripping crypto for a long time now as we all hold onto abandoned projects from 5 years ago.

>>60741065
People have forgotten this too. Cope has readjusted targets as if all we ever wanted was some ETF investments and celebrity shout-outs but back in 2016 through to 2021 people legit thought defi was going to redefine the world, all business was about to be restructured on blockchain in 2 years time etc.

You had absolutely fucking retarded claims like coca cola was going to run distribution through chainlink and solar farms in africa were being built with crypto energy credits.

Back then I'd argue with people in telegram groups about how it made zero sense and companies were not about to changeover their sophisticated, tested, high throughput systems onto 2 tps blockchains, pay $400 gas for the privilege and all to have their operations publicly accessible (because?). But people wouldn't hear it and now you just have bagholders who pretend that all never happened. To be honest I was barely less niggerbrained as I generally believed the same principles but just thought it would take a decade not two years. I let myself get swayed by thinking there must be something im missing if everyone can't see the obvious retardation, but it turned out I was literally talking to rooms full of tards.
Replies: >>60741156
Anonymous ID: QRpLbE1i
8/5/2025, 10:23:51 AM No.60741155
>>60741065
This, the rural and suburban eth holders are obsolete and stuck in the past mentally, just like their coin of choice. Smart young people from the city who are ahead of the curve all rotated to Solana. Itโ€™s adapt or die in this game of blockchain! You canโ€™t just be a rural and suburban retard eth bagholder and expect to make money! Itโ€™s not 2021 anymore
Replies: >>60741159
Anonymous ID: 8i3onQzJ
8/5/2025, 10:23:59 AM No.60741156
>>60741137
So much this my madarchod! Ethereum is a ghost chain with zero usage and 400$ gas fees! Benchode saaars!

https://etherscan.io/chart/tokenerc-20txns

https://etherscan.io/chart/gasprice

Seriously kids, update your fud pls u just sound fake and gay 10iq streetshitters.
Replies: >>60741186
Anonymous ID: 8i3onQzJ
8/5/2025, 10:25:21 AM No.60741159
>>60741155
This, Solana goes to soo many rupies we don't even need toilets where we are going my dalits!
Replies: >>60741186
Anonymous ID: 0CbtdjTa
8/5/2025, 10:38:28 AM No.60741186
>>60741079
look up the marketcap of every other Layer 1 and Layer 2, add them all together.
Thats the amount of money that would be in ETH now if that cripple Vitalik had accomplished his original vision 8 years ago.
same for the TVL of all these other chains/L2s, that money should be in Ethereum.
and thats exactly why the ETH price is stagnating and why you wont make it.

>>60741156
>>60741159
nvm you are actually indian lol so making it isnt possible for you, also if you ever want to be taken serious, stop talking like the retards in your poojeet village.
Replies: >>60741191 >>60741200 >>60744533
Anonymous ID: WTTt70h8
8/5/2025, 10:38:40 AM No.60741187
>>60741026 (OP)
It isn't remotely the most talked about coin on biz, it is just a numeraire for a large swaths of coins because gen 1 coins built out on it, and are in process of porting over to better chains or their own L1s.
Anonymous ID: 8i3onQzJ
8/5/2025, 10:42:31 AM No.60741191
>>60741186
Yes Saar vitalik should scale mainnet and fuck the layer2s in the ass and ofc I am a Patel from kumarville, you know this is the telescam and Mumbai fraud board.
Anonymous ID: WNEubEQW
8/5/2025, 10:50:52 AM No.60741198
Bitcoin maxis have spent many, many years and a ton of money waging a FUD campaign against.. well, any chain other than Bitcoin, but particularly Ethereum since it represents the biggest threat to bitcoin dominance and the maxi narrative. And they have been quite successful in this scheme, there's a significant amount of crypto investors who think that Ethereum is centralized or insecure because that's what they were told by these maxis. I believe that's the biggest reason for its underperformance.
Replies: >>60741211 >>60741235
Anonymous ID: +J+fS13a
8/5/2025, 10:53:14 AM No.60741200
>>60741186
>you're right about Eth draining into the L1 and L2 coins, however those coins also bring in capital by existing on Eth chains and having active users.
Anonymous ID: 8i3onQzJ
8/5/2025, 10:57:43 AM No.60741211
>>60741198
No saaar, eth is really is centralized, but have you checked this very new fancy layer1vc chain? It's very fast with 10948488373767489tps and the most decentralized, although it's just 10 days old, but it ll flip and kill Ethereum u madarchod!
Anonymous ID: DpVGX7Hy
8/5/2025, 11:09:13 AM No.60741235
>>60741198
I've never seen as totally incorrect a take as this before. No-one has avoided ethereum for centralization concerns, no-one even gives a sincere fuck about centralization at all. All the chains that took eth's market were basically central servers allowing them to run magnitudes more transactions at fractions of the cost. Get your head out of your fat ass.
Replies: >>60741248 >>60741261 >>60741310 >>60741313
Anonymous ID: lSxlWRSI
8/5/2025, 11:11:09 AM No.60741239
WRONG IMAGE IT WAS SUPPOSED TO BE CHAINLINK TOKEN
Replies: >>60741246
Anonymous ID: 8i3onQzJ
8/5/2025, 11:15:01 AM No.60741246
>>60741239
Aaaaand here we are again with pratesh shilling his favorite choice of Mumbai token.....
Anonymous ID: 1x7IUR8Z
8/5/2025, 11:16:22 AM No.60741248
>>60741235
From the beginning one of the biggest FUD points from BTC maxis about Ethereum has been muh pre-mine ICO
Anonymous ID: x9Ot+9kZ
8/5/2025, 11:23:10 AM No.60741261
>>60741235
Centralization is only one of these forced fuds. Remember when Bitcoiners used to spam how PoS is never coming, and when it finally shipped there were all kinds of theories how some catastrophic bug will kill the entire chain. And then the "Ethereum is a security" fud? This doesn't even include all the shit that competing L1s have spread. Remember the Avalanche roaches? All paid shills that posted more about Ethereum than their own chain. Fucking EOS? lmao
Replies: >>60741274 >>60741439
Anonymous ID: 8i3onQzJ
8/5/2025, 11:28:41 AM No.60741274
>>60741261
>All paid shills that posted more about Ethereum than their own chain.
Prepare for this spam again as the ratio is getting sexier! Sexy smarty big city people will suddenly arrive here to sell you the best fastest VC server out there in a wild data center! Only criteria will be it must be further away from btc in mcap.
Anonymous ID: WNEubEQW
8/5/2025, 11:42:46 AM No.60741310
>>60741235
First of all, people don't have to actually care about decentralization in order to avoid investing in a chain due to centralization FUD. Here's how a lot of decisions in crypto speculation is made:

1. Some clueless guy has heard about blockchains and want to invest.
2. They want to know what coin to buy, so they do some minimum research, ask their cryptobro cousin or watch some youtube videos from self-proclaimed crypto experts, or something like that.
3. Their source spreads the misconception that Ethereum is centralized and that bitcoin is the most safe and secure chain, like so many of them do.
4. The clueless guy doesn't care about decentralization, they don't even really understand what decentralization is, he just understands that their source of advice said that somehow ethereum is bad and that bitcoin is good, using fancy buzzwords that make the advice seem trustworthy.
5. Therefore, he buys bitcoin instead of ethereum.
6. Some time passes, choice-supportive bias has taken hold, and now he is one of the people who repeat the misconceptions about Ethereum and bitcoin to others who now come to him for advice.

In other words, it's not actually about centralization, it's just FUD in general. Repeat something enough times and people will believe it. It's just that centralization is a low hanging fruit talking point since ostensibly the whole point of blockchains are decentralization.

cont.
Replies: >>60741313
Anonymous ID: WNEubEQW
8/5/2025, 11:43:40 AM No.60741313
>>60741235
>>60741310
Secondly:
>All the chains that took eth's market were basically central servers allowing them to run magnitudes more transactions at fractions of the cost.
This sentence tells me that you look at it too narrowly. There is a segment of Ethereum's marketshare that has been taken by centralized, fast chains, yes, but that is far from the only marketshare or potential marketshare that ethereum is missing. I actually think that Ethereum's biggest competitor is not another smart contract platform, but bitcoin itself. Ethereum is a better store of value than Bitcoin, and I will die on that hill. Unlike Bitcoin that does fuck all while you hold it, Ethereum lets you earn yield through staking. And unlike Bitcoin, Ethereum's adaptive supply makes it secure indefinitely instead of bitcoin which will face severe security issues once its budget for mining rewards dwindles in the coming decades. All while Ethereum keeps its inflation low (lower than bitcoin's on average ever since the merge). It's the best of both worlds, simply objectively better for any purpose, including what according to the maxi narrative is bitcoin's (only) strong suit. And THAT usecase/marketshare is what the decentralization/security FUD is really affecting the most. If everyone recognized that Ethereum was simply objectively better, people like Michael Saylor would invest in Ethereum instead of Bitcoin. There would be no need for bitcoin at all. All of Bitcoin's trillion dollar market cap could potentially move to Ethereum. I'm not saying that would actually happen, but at least portions of it could and should, if not for the FUD.
Replies: >>60741495
Anonymous ID: 5b1LFz0l
8/5/2025, 11:54:43 AM No.60741336
BTC ETH
BTC ETH
md5: 6156309ed794742ddc7cf26e81bc31f8๐Ÿ”
>outperforms BTC for the past 5 years
>crabbing
Anonymous ID: SCLf7pP8
8/5/2025, 12:42:34 PM No.60741439
>>60741261
pos coins are not real crypto. there is no proper decentralized validation like in bitcoin or monero or any real crypto
Replies: >>60741493
Anonymous ID: 1tNCUivE
8/5/2025, 1:01:00 PM No.60741487
>>60741026 (OP)
you had to be here in 2016
Anonymous ID: x9Ot+9kZ
8/5/2025, 1:06:22 PM No.60741493
>>60741439
How so?
Anonymous ID: +J+fS13a
8/5/2025, 1:07:27 PM No.60741495
>>60741313
>TLDR
Anonymous ID: rVFTJ4OW
8/5/2025, 2:06:48 PM No.60741650
why sell after (((blackrock))) went all in
Anonymous ID: 2PdEewWI
8/5/2025, 2:24:41 PM No.60741685
bill gates laughing
bill gates laughing
md5: 0c52672d42cd9f4dbe4bcc34bcf80e77๐Ÿ”
>>60741065
this. I think we are running into the old men that have been bag holding since the word blockchain was a thing, now they are wondering why these what are now stablecoins, arn't mooning like they dreamed of. The entire ecosystem and market has moved since. It's kind of odd, we have an entire generation that forgot the first rule, expand or die. I think its silicon valley PTSD left over, these are the people that missed the tech bubble, jumped on crypto and now treat it like a tech start up that they missed out on, begging and desperate while it slowly goes bankrupt.
Anonymous ID: 9fJ89lsp
8/5/2025, 5:28:19 PM No.60742562
bloomer cool croc
bloomer cool croc
md5: 279058f7fb68feaf48d56f71286f0467๐Ÿ”
>>60741026 (OP)
https://www.reuters.com/business/small-public-companies-snap-up-ether-new-crypto-gold-rush-even-risks-linger-2025-08-05/
Anonymous ID: oNHlWNVz
8/5/2025, 5:29:47 PM No.60742569
Time
Anonymous ID: BFtzOddS
8/5/2025, 5:47:15 PM No.60742676
1751765988496785
1751765988496785
md5: b10c216d5cdb78d8d255f33743a0f4ee๐Ÿ”
>>60741026 (OP)
'sup bludz! lemme tell you why eth the real one for a kang. This ain't no game, senpai, this that digital revolution for the people. While everybody else out here chasin clout coins or lettin banks play puppet master, EFF is out here buildin kingdoms. Smart contracts? Thatโ€™s digital paperwork we write ourselves, no middleman, no massa, no damn permission slip.

ya feel?
Replies: >>60742894
Anonymous ID: HiGbDjo8
8/5/2025, 6:30:06 PM No.60742894
>>60742676


SO TRVE!
Anonymous ID: nvg9vM8d
8/5/2025, 6:32:36 PM No.60742906
>>60741026 (OP)
Because this board (and the internet in general) is populated by brainlets who only follow price movements, and ETH has been underperforming relative to bitshit and solanus until recently. There used to be people here who liked to discuss the tech but I suspect they all made it in 2021 and left after getting banned by the trannyjannies one too many times. Ethereum has always had the best position in terms of first-mover advantage, adoption and tech maturity in general, and the bear market didn't change that, rather the aforementioned brainlets can't set aside their emotions to see the bigger picture and they get incensed when BTC and SOL are mooning due to whale games while ETH isn't.
Replies: >>60743185
Anonymous ID: lMEujBYZ
8/5/2025, 7:23:23 PM No.60743185
>>60742906
>Ethereum has always had the best position in terms of first-mover advantage, adoption and tech maturity in general
>and the bear market didn't change that
Ethereum failing to deliver is what started the Bear market to begin with.
all Ethereum has left today is its first mover advantage and that cant carry it forever.
meanwhile Adoption and Tech is happening elsewhere and has done so for the last 7 years.
all the big players understand now that the future is multichain and all of them want their own custom Layer1 or Layer2 tailored for their specific usecase, they dont want to run their shit on a public chain filled with bagholding retards trading monkey NFTs.
so right now Ethereum is extremely overvalued.
Replies: >>60743198 >>60743243
Anonymous ID: mfntAAOz
8/5/2025, 7:26:31 PM No.60743198
>>60743185
>Adoption and Tech is happening elsewhere and has done so for the last 7 years.
>all the big players understand now that the future is multichain and all of them want their own custom Layer1 or Layer2 tailored for their specific usecase, they dont want to run their shit on a public chain filled with bagholding retards trading monkey NFTs.
>so right now Ethereum is extremely overvalued.
I would say this if I would be a bitchuds, but I know how to trade coins and tokens.
Replies: >>60743296
Anonymous ID: x9Ot+9kZ
8/5/2025, 7:35:12 PM No.60743243
>>60743185
>meanwhile Adoption and Tech is happening elsewhere
Kek no. Pretty much every single innovation in crypto (if you want to call them that) has been from Ethereum. DEXes, NFTs, lending markets, even fucking t0kens and smart contracts were first done on Ethereum. Ethereum has by far the most devs, users, TVL, dapps, and corpo interest.
>all of them want their own custom Layer1 or Layer2 tailored for their specific usecase
Yes obviously, and all of them will be directly connected to Ethereum. It's the intranet vs. internet argument all over again. Ethereum by itself is multichain... wtf are L2s if not part of Ethereum?
Replies: >>60743296 >>60744574
Anonymous ID: lMEujBYZ
8/5/2025, 7:45:35 PM No.60743296
>>60743198
>but I know how to trade coins and tokens.
post PnL
>>60743243
>Pretty much every single innovation in crypto (if you want to call them that) has been from Ethereum.
and all of these innovations can and have been easily forked. its not Ethereum only tech.
besides that they never managed to solve scaling, others did it much better.
>Ethereum has by far the most devs
there are actually very few solidity developers, the future is building custom layer 1s that can be build in any language.
>users
isnt growing much
>TVL
is shifting to other chains already
>dapps
most ethereum dapps are shitty to use because of the inferior technology. like the slow consensus, the MEV shit etc.
>and corpo interest
they are all building their own custom chains.
>and all of them will be directly connected to Ethereum.
so? doesnt mean Ethereum is in any way important. with chainlink they can connect anything and all these custom chains can also be directly connected to each other.
>Ethereum by itself is multichain
its not, its a single Blockchains.
>wtf are L2s if not part of Ethereum?
technically they arent, they actually vampire attack ethereum and siphon TVL and marketcap away from Ethereum.
Replies: >>60743345 >>60743413
Anonymous ID: mfntAAOz
8/5/2025, 7:53:35 PM No.60743345
>>60743296
>Brought up zero argument just the purest form of maxi denial saaarism
Oh kid this next few months could be very painful to you, I recommend less screen time this fall!
Replies: >>60743553
Anonymous ID: x9Ot+9kZ
8/5/2025, 8:07:08 PM No.60743413
>>60743296
>and all of these innovations can and have been easily forked. its not Ethereum only tech.
Yes, but every time something new has been invented, it's been on Ethereum = most innovation.
> never managed to solve scaling, others did it much better.
L2s were the solution. Every other chain sacrificed decentralization for throughput. There is no solution to the blockchain trilemma, only workarounds.
>there are actually very few solidity developers, the future is building custom layer 1s that can be build in any language.
Lol, lmao even.
>isnt growing much
If you count in L2s, like you should, it absolutely is growing. Base alone is bringing in tons of new people.
>is shifting to other chains already
It's not though. Ethereum TVL has been around 50-60% for years and now it's at 59%. If you count in Base (3%) and Arbitrum (2%) it's even more.
>most ethereum dapps are shitty to use because of the inferior technology. like the slow consensus, the MEV shit etc.
Slow blocktimes? Use L2s. MEV? No problem on L2s with centralized sequencers (one upside of bad centralized tech). Also there's basically no MEV on mainnet anymore if you're not a retard and know how to transact.
>they are all building their own custom chains.
Yes, on top of Ethereum. They want their chains to have the ability to connect to Ethereum ecosystem. A completely closed off blockchain is just an inefficient SQL server.
>with chainlink they can connect anything and all these custom chains can also be directly connected to each other.
Not how it works anon. Some non-EVM chain can't magically interact with an EVM chain just because there's some data feeds. Even if it could, it would increase complexity by 100x and corpos want these to be secure.
>its not, its a single Blockchains.
Agree to disagree.
Replies: >>60743553
Anonymous ID: lMEujBYZ
8/5/2025, 8:34:44 PM No.60743553
>>60743345
>baggie cope #5450481215
kek
>>60743413
Nothing about Ethereum is innovative anymore, everything they innovated can easily run much better on other Chains.
L2s are also failed tech in its own way, slow, centralized and some jew can stop it anytime they want and whats worse like I already explained, they siphon away TVL and marketcap away from ETH and into useless L2 governance tokens.
also L2s and Ethereum are still slow as fuck, Solana and Avalanche have sub second finality for like 5 years now. meanwhile any transaction takes 10000 times longer on Ethereum. nobody with a brain wants slow transactions. thats also one of many reasons why nobody worth a shit is building on ethereum anymore.
also its funny you say MEV is a nothingburger IF you arent a retard, that might be true but its also true that most Ethereum users are retards thats why we still see storys of them getting sandwiched by MEV bots. another reason why ETH stagnates, the retards are getting tired of getting robbed.
>Yes, on top of Ethereum.
also thats wrong, everyone is building their own custom chains or planning to do so and they dont really give a fuck about Ethereum.
there are many tokenization examples where they arent building on Ethereum.
>Some non-EVM chain can't magically interact with an EVM chain
no magic is needed, chainlink is doing all that work. chainlink is all about the multichain future.
the single chain future that ethereum promised has failed.
you can cope all you want but these are the facts.
Replies: >>60743683 >>60743694
Anonymous ID: CJHAU0OW
8/5/2025, 8:40:16 PM No.60743574
the only thing ethereum needs is a store of value narrative. break ath at any point in the future and that happens, with a much stronger fundamental thesis than shitcoins like xrp or sol.

tech not needed, its just a bonus
Replies: >>60743657
Anonymous ID: lMEujBYZ
8/5/2025, 9:00:32 PM No.60743657
>>60743574
>ethereum
>store of value
>unlimited max supply
top kek
Replies: >>60743699 >>60743734 >>60744247
Anonymous ID: yhuc1Xn8
8/5/2025, 9:07:46 PM No.60743683
>>60743553
>Nothing about Ethereum is innovative anymore, everything they innovated can easily run much better on other Chains.
A huge amount of cryptographic research and breakthroughs have come out of Ethereum, regardless of what you consider "innovative". The two chains right now that are even doing significant amounts of research are Ethereum and Solana, and the vast majority of research is for Ethereum.
Replies: >>60744062
Anonymous ID: x9Ot+9kZ
8/5/2025, 9:09:36 PM No.60743694
>>60743553
L2s are Ethereum thus Ethereum is multichain. That simple semantic change destroys most of your arguments, while the rest have wrong initial assumptions or are just factually incorrect.
Replies: >>60744062
Anonymous ID: yhuc1Xn8
8/5/2025, 9:11:14 PM No.60743699
>>60743657
Bitcoin has an unlimited max supply too, you just need to wait a little bit before it gets implemented ;^)
Replies: >>60744062
Anonymous ID: x9Ot+9kZ
8/5/2025, 9:16:59 PM No.60743734
>>60743657
>unlimited supply and guaranteed chain security
>limited supply and unguaranteed chain security
Choose one. Ethereum could add a meme 130M or whatever max supply if they wanted, but it would mean nothing because it can be changed with a hard fork. What's more important is belief; Bitcoiners believe Bitcoin has a max supply of 21M , therefore any fork that doesn't have that isn't Bitcoin. Ethereum people (Ethereans?) believe in "minimum viable issuance" and won't support forks that increases issuance without extremely good chain security reasons. Ethereum issuance has only went down (multiple block reward cuts and eventual PoS fork)
Replies: >>60744062
Anonymous ID: lMEujBYZ
8/5/2025, 10:47:10 PM No.60744062
>>60743683
>A huge amount of cryptographic research and breakthroughs have come out of Ethereum
>have
yes but not anymore, also all that work hasnt even been done by the Ethereum foundation but by IC3.
>and the vast majority of research is for Ethereum
you mean for solidity smart contracts which can run on any other Layer 1 chain. none of that is ethereum exclusive.
>>60743694
>Ethereum is multichain
its not and layer 2s are still a drain sucking all the TVL and marketcap away from ETH no matter how you try to cope and rearrange letters. they add NOTHING to the ETH price and thats why you arent already at 10k per ETH. its just not gonna happen with these vampires on top of it.
>>60743699
>Bitcoin has an unlimited max supply too
no it does not.
there is only 21 million BTC. at least read up on the basics before trying to post here.
>>60743734
>and guaranteed chain security
its centralized and since all eth miners got killed there is no guaranteed chain security.
>limited supply
its unlimited, yes thats right there is NO hardcap for ETH which makes it a shitty store of value.
you can cope sure but this wont make this a better investment.
Replies: >>60744116 >>60744151
Anonymous ID: x9Ot+9kZ
8/5/2025, 11:01:59 PM No.60744116
>>60744062
>its centralized
Picked the low hanging fruit, didn't you. Just call it centralized without specifying anything. You can't give me a single example in what way it's centralized, because it's not.
>all eth miners got killed there is no guaranteed chain security
Chain is secured by PoS, just like it was planned in 2014/2015. Miners were always temporary and everyone knew that for 5+ years.
>hardcap
You don't understand the connection between hardcaps and social consensus. If for some reason Bitcoiners wanted to raise the 21M cap, it could be done. If for some reason Ethereum people wanted to implement a meme hardcap, it could be done. Also what does the 21M cap matter if the chain security is compromised and you can't even transfer the coins (increasingly low issuance + high PoW costs = low chain security). I'd rather have some inflation than a compromised chain where the attacker mines only empty blocks or spams reorgs for lols. It's a design choice you don't seem to understand.
Replies: >>60744147
Anonymous ID: lMEujBYZ
8/5/2025, 11:11:18 PM No.60744147
>>60744116
>You can't give me
go do your homework kid, I'm sure you can easily figure it out yourself. google is just a click away.
>Chain is secured by PoS
more like was more centralized by PoS
>Miners were always temporary and everyone knew that for 5+ years.
still doesnt make it right to fuck them over like that and ever since the miners disappeared the ethereum community has been going downhill.
>If for some reason Bitcoiners wanted to raise the 21M cap, it could be done.
why would they fuck themselves like that? nobody would never agree to this.
>If for some reason Ethereum people wanted to implement a meme hardcap, it could be done.
they arent that smart and they wont do it because they need it to dump on you.
>Also what does the 21M cap matter if the chain security is compromised and you can't even transfer the coins
now thats some crappy fanfiction and pathetic attempt at making an argument.
>I'd rather have some inflation
this is why you will stay poor.
>It's a design choice
the ethereum foundation made many such bad design choices.
Replies: >>60744230 >>60745183
Anonymous ID: yhuc1Xn8
8/5/2025, 11:12:32 PM No.60744151
>>60744062
>there is only 21 million BTC. at least read up on the basics before trying to post here.
If you didn't understand the implication behind my post I suspect you're the one who needs to read up "on the basics".
Replies: >>60744164
Anonymous ID: lMEujBYZ
8/5/2025, 11:15:59 PM No.60744164
>>60744151
there is no point in partaking in your made up fantasy scenarios.
BTC won, ETH lost and other Layer 1 and Layer 2 are eating your cake.
cope more buddy. keep the copes coming.
Replies: >>60744187
Anonymous ID: yhuc1Xn8
8/5/2025, 11:22:56 PM No.60744187
>>60744164
Two things here anon
1. My point is not fantasy, BTC developers are already warming up to Peter Todd's ideas of tail emissions and demurrage tax to prevent a security budget crisis. Chances are, since it is the simplest solution, BTC will lose its hard cap and have a tail emission.
2. Hundreds of billions of dollars rest on Ethereum, Ethereum moves multiples more value each and every day than Bitcoin, Ethereum has multiples more fees each and every day than Bitcoin. The primary assets used to trade Bitcoin, USDT, USDC, and (if Binance) FDUSD, are all based on and centered around the Ethereum ecosystem (in particular Ethereum proper). In what world has Bitcoin, a blockchain with no real world adoption and no foreseeable future adoption, won over Ethereum which has the entire industry and now the US Federal Government (with the stablecoin mania) circling around it like a star? Ethereum is the largest blockchain by every metric *except price*, very much unlike Bitcoin.
Replies: >>60744343
Anonymous ID: x9Ot+9kZ
8/5/2025, 11:34:05 PM No.60744230
IBITpdf
IBITpdf
md5: 2c09aca3f130810a5d11fa26c5b56d15๐Ÿ”
>>60744147
>go do your homework kid, I'm sure you can easily figure it out yourself. google is just a click away.
Like I said, you can't give me a single example.
>more centralized by PoS
GPU mining was extremely accessible and I agree the cost or a PoS validator is higher than a GPU. But it's still more accessible than economies of scale optimized ASIC mining (requires 7+ figures and access to own power plant or industrial electricity).
>fuck them over like that
They were expendable and they knew it. A shopping mall Santa doesn't cry he lost his job when January comes.
>why would they fuck themselves like that
Only reason I can think of is to keep the chain alive. Theoretically it is a possibility, proving the 21M cap is not so real people think it is. Even BlackRock knows this. Picrel is their ETF fine print.
>they arent that smart and they wont do it because they need it to dump on you.
Again a theoretical scenario. Also there is the exact same amount to dump if there was a cap or not. What matters is how much actual inflation there is. For now, Bitcoin miners dump more on Bitcoiners than whatever Ethereum issuance is.
>now thats some crappy fanfiction and pathetic attempt at making an argument.
Bitcoin chain security issues will become reality as block reward keeps dropping. Bitcoin inflation is income for miners who keep the chain secure and cutting that has a cost.
>this is why you will stay poor.
This is why Bitcoin will suffer a 51% attack and pull me into 8 figures when I short it. Unless most value has already left that fork of Bitcoin (very likely).
>the ethereum foundation made many such bad design choices.
Agree to disagree. I value chain security more than you it seems. Maybe you don't understand Bitcoin economics well enough to see the direction it's heading and what the consequences will be.
Replies: >>60744343
Anonymous ID: uiQLBokG
8/5/2025, 11:38:49 PM No.60744247
>>60743657
gold has a 1.6% annual inflation rate and has a store of value narrative. eth is lower inflation as well as all the other benefits it has over gold which are obvious and not worth explaining.

and stable inflation can be seen as an advantage over bitcoin, everyone loves divvies for just holding assets
Replies: >>60744343
Anonymous ID: lMEujBYZ
8/6/2025, 12:10:35 AM No.60744343
>>60744187
its funny that you and the other baggie think you can so reliably predict the future of Bitcoin many decades in the future but you couldnt even tell what was happening to Ethereum these last couple years lmao.
no wonder you guys are baghodlers.

>>60744230
>Like I said, you can't give me a single example.
like I said you can do the homework yourself, its not difficult.
>GPU mining was extremely accessible
which was great for decentralization. more power to the people but of course they didnt like that so they fucked the people over.
>PoS validator
most Ethereum baggies dont even run a PoS Validator and probably never will. they are priced out.
>Picrel is their ETF fine print.
doesnt mean shit.
>I value chain security more than you it seems.
no you dont, you dont value anything. your are a desperate bagholder who failed to keep up with whats actually happening.
>>60744247
>gold has a 1.6% annual inflation rate
you wouldnt know because nobody truly knows how much Gold there is. the Gold market is also extremely manipulated.
so cant really compare this to a public Blockchain that anyone can check at any time.
Replies: >>60744376 >>60744464
Anonymous ID: yhuc1Xn8
8/6/2025, 12:18:14 AM No.60744376
>>60744343
>you wouldnt know because nobody truly knows how much Gold there is. the Gold market is also extremely manipulated.
Same holds true for BTC and ETH, since centralized exchanges can and do lie and manipulate the markets they host. Just to rub it in, the only world where this isn't true is for decentralized exchanges which exist for ETH but don't exist (and never will due to a lack of smart contract capability) for BTC :^).
Replies: >>60744386
Anonymous ID: lMEujBYZ
8/6/2025, 12:20:17 AM No.60744386
>>60744376
>Same holds true for BTC and ETH
nope
Replies: >>60744400
Anonymous ID: yhuc1Xn8
8/6/2025, 12:24:27 AM No.60744400
>>60744386
Explain to me how you can provably get the amount of ETH and BTC circulating on centralized exchanges. News flash buddy, you can't and have to trust that the exchanges aren't playing games like FTX was. Every single detail these exchanges tell you could be a lie, with exception to the data onchain which can be publicly verified. All you can verify is the *reserves*, you cannot verify the total amount of deposits, open interest, volume, traders, or any other piece of data that is not onchain.

Bitcoin in circulation can, especially once you take into account "paper Bitcoin" like perpetuals, be in excess of the total real circulating supply of Bitcoin (wallets that have not lost their keys, which can only be estimated and is also unknown beyond its upper limit).

This problem does not exist for decentralized exchanges because every part of their operation is publicly verifiable onchain.
Replies: >>60744443
Anonymous ID: lMEujBYZ
8/6/2025, 12:36:51 AM No.60744443
>>60744400
>on centralized exchanges.
was never talking about centralized exchanges, learn how to read.
Replies: >>60744455
Anonymous ID: yhuc1Xn8
8/6/2025, 12:39:51 AM No.60744455
>>60744443
>you wouldnt know because nobody truly knows how much Gold there is.
This applies to BTC and ETH supposedly custodied by centralized exchanges, which are BTC and ETH the same way banknotes are dollars.
>the Gold market is also extremely manipulated.
What market exists for BTC in particular that is not on a centralized exchange?
Replies: >>60744512
Anonymous ID: x9Ot+9kZ
8/6/2025, 12:41:33 AM No.60744464
>>60744343
>so reliably predict the future of Bitcoin many decades in the future
Yes, I can predict the block reward decades into the future.
>like I said you can do the homework yourself, its not difficult.
You have no argument. You called it centralized, I asked "how?" and you reply with "just google bro". Do you see how retarded that is?
>which was great for decentralization
It was, but Ethash ASICs were already starting to pop up. Massively profitable GPU mining wouldn't have lasted long, centralizing a lot of hash power to ASICs.
>but of course they didnt like that so they fucked the people over.
Oh yes "they" changed it to PoS just to annoy miners. Not like the switch to PoS was planned since 2014-15. You sound so emotional, were you a GPU miner?
>most Ethereum baggies dont even run a PoS Validator and probably never will. they are priced out.
True. Most Bitcoiners don't mine either. Many do use Lido for pooled staking though.
>doesnt mean shit.
It means that BlackRock acknowledges this risk.
>no you dont, you dont value anything. your are a desperate bagholder
I read this in the voice of a 10 year old.
Replies: >>60744512
Anonymous ID: jTqKJvCG
8/6/2025, 12:43:37 AM No.60744471
ffs stop arguing with each other and pump my fucking bags already. Iโ€™m tired of this shit
Replies: >>60744512
Anonymous ID: lMEujBYZ
8/6/2025, 12:55:17 AM No.60744512
>>60744455
>by centralized exchanges
I still wasnt talking about centralized exchanges. do they teach how to read in your brown ESL shithole?
apparently not.

>>60744464
>Yes, I can predict the block reward decades into the future.
its irrelevant what happens in ~2140, everyone here will be long dead by then.
>You have no argument.
my argument is that you cant research things yourself. which again just proves that you are a clueless bagholder that lives in a fantasy world.
>Massively profitable GPU mining wouldn't have lasted long
people would have adapted to this and the rich miners would still be in it and still decentralize the network. now its just all centralized meaningless PoS shit.
>Oh yes "they" changed it to PoS just to annoy miners
the point is they fucked over the community, everyone who fucks the community shouldnt have one.
>Many do use Lido for pooled staking though.
this is actually irrelevant and adds nothing
>It means that BlackRock acknowledges this risk.
BlackRock also acknowledges lots of things, doesnt have to mean shit tho.
>I read this in the voice of a 10 year old.
keep coping you clueless kid.

>>60744471
nobody will pump your bags, the time of making it with ETH are long over.
now is the time to keep you a bagholder for as long as possible so you miss all the other opportunities.
Replies: >>60744560
Anonymous ID: rkR/rId6
8/6/2025, 1:05:04 AM No.60744533
532
532
md5: d7a78a1f613d33b9cd2955e7356942f5๐Ÿ”
>>60741186
>look up the marketcap of every other Layer 1 and Layer 2, add them all together.
>Thats the amount of money that would be in ETH now
kill yourself retard
Anonymous ID: x9Ot+9kZ
8/6/2025, 1:20:02 AM No.60744560
>>60744512
>its irrelevant what happens in ~2140, everyone here will be long dead by then.
Never said anything about last halving. Next 20 years is all that matters. If Bitcoin survives that, it will survive for a long time.
>my argument is that you cant research things yourself
Just let it go anon. You have nothing to prove how Ethereum is centralized. Telling me to go "google it" doesn't change that.
>people would have adapted to this
Majority of hashrate going to ASICs would've bumped up the difficulty so that GPU miners would've made smaller profits or even zero profit depending their electricity cost. This would have centralized the hashrate towards ASICs and big miners. How is that so hard to understand? It's literally mining centralization 101.
>the rich miners would still be in it and still decentralize the network
Ah yes, it's the rich miners who "decentralize the network".
>the point is they fucked over the community
They didn't. Everyone knew PoS was coming years ahead. They actually delayed it a lot to do more thorough testing.
>this is actually irrelevant and adds nothing
Somewhat true, but it allows people to get staking yield without running a validator node themselves.
>BlackRock also acknowledges lots of things, doesnt have to mean shit tho.
If BlackRock adds it in their filings, it probably exists there for a reason.
Replies: >>60744701
Anonymous ID: C5aGtchu
8/6/2025, 1:28:01 AM No.60744574
>>60743243
lmao none of this means ETH should go up in price. This is why L2s are vamping the fuck out of it... nobody even wants to use it and avoid the gas fees.

Smart contracts are fantastic... but what does it have to do with ETH's price? Why would I need to buy eth to use smart contract tech???

I'm not convinced ETH is a good investment, just a cool technology.
Anonymous ID: lMEujBYZ
8/6/2025, 2:09:04 AM No.60744701
>>60744560
>Next 20 years is all that matters.
you couldnt even predict 5 years of ethereum. you arent nostradamus kid.
>You have nothing to prove how Ethereum is centralized.
there is plenty, I'm just trying to see if I can get you to do your own research to fix your gaps, its obvious you dont even know what I'm talking about.
typical for ignorant bagholder copium addicts that think in voices of 10 year olds.
>Majority of hashrate going to ASICs would've bumped
the EF could have figured something out if they wanted to, they didnt because most of them are morons, especially Vitalik.
>and big miners
nothing wrong with growing or the size of miners
>Everyone knew PoS was coming years ahead.
they werent told on day 1 what the end product would actually look like. they delivered us garbage.
>but it allows people to get staking yield without running a validator node themselves.
liquid staking is actually a massive cancer and indirectly influences Ethereums economic security model, its one of the many centralization problems that Ethereum suffers from.
>If BlackRock adds it in their filings, it probably exists there for a reason.
they do what their clients demand, thats why, and of course places like Blackrock do their homework (unlike you) and write up walls of legalese to cover their asses.
also BlackRock is not your friend kid, never forget that.
Replies: >>60745295 >>60745962
Anonymous ID: 1EMv8Lzt
8/6/2025, 4:45:26 AM No.60745183
>>60744147
>nobody would never agree to this.
Bitcoin is a chain of digital signatures.
Replies: >>60745428
Anonymous ID: QmrrXpyz
8/6/2025, 5:24:06 AM No.60745295
>>60744701
Bro just give it up, we all know you're retarded.
Replies: >>60745428
Anonymous ID: lMEujBYZ
8/6/2025, 6:07:57 AM No.60745428
>>60745183
Bitcoin has remained consistent in its core design since its inception in 2009, compare this to gaythereums major "transitions". Bitcoin is solid, Ethereum is not.
>>60745295
>just give it up
but thats what you did. keep coping and seething, changes nothing.
Replies: >>60745505 >>60745985
Anonymous ID: ug0mF+nt
8/6/2025, 6:51:34 AM No.60745505
>>60745428
>but thats what you did. keep coping and seething, changes nothing
I'm not any of the previous posters, bitchud schizo kun. Touch grass.
Replies: >>60745535
Anonymous ID: lMEujBYZ
8/6/2025, 7:09:16 AM No.60745535
>>60745505
>I'm not any of the previous posters
where did I say you are?
Anonymous ID: x9Ot+9kZ
8/6/2025, 10:38:32 AM No.60745962
>>60744701
>you couldnt even predict 5 years of ethereum
What do you mean? I'm saying the next 5 halvings will have most impact on Bitcoin, more than previous or future ones.
>there is plenty, I'm just trying to see if I can get you to do your own research
That's not how it works. If you make a claim you have to have something to back that up instead of directing me to google.
>the EF could have figured something out if they wanted to
I remember the governance chaos of ProgPoW
>nothing wrong with growing or the size of miners
Hashrate centralizing to big miners is a big issue.
>they werent told on day 1 what the end product would actually look like
When hashrate started going up in 2015, it was already clear PoS was eventually coming. Every FAQ section and development roadmap/blogpost had it in them.
>liquid staking is actually a massive cancer and indirectly influences Ethereums economic security model, its one of the many centralization problems that Ethereum suffers from.
Somewhat true except liquid staking pools are very decentralized at the moment. Decentralization isn't a binary metric and what's decentralized for some might be centralized to others. But Lido having 5.7% is not centralized at all, especially when Lido itself is somewhat decentralized and consists of many different operators.
>Blackrock do their homework (unlike you)
Ironic how you clearly haven't read any of the filings, while I have. Maybe you should read them and learn, they aren't even that long and you can skip more than half of the legal jargon. They have some actual good info about risks.
Anonymous ID: 1EMv8Lzt
8/6/2025, 10:50:29 AM No.60745985
>>60745428
>Bitcoin is a chain of digital signatures.

>They took out the signatures and added a bunch of spaghetti code.

>Now it's called "BTC"
Anonymous ID: 5b1LFz0l
8/6/2025, 11:41:31 AM No.60746057
Gxm8wEfWUAAoxEL
Gxm8wEfWUAAoxEL
md5: c9da1408cf0fd3f76e3072c8b65dec28๐Ÿ”
>listen to some NEETS
>or listen to the guy who founded the most valuable company in the world
Replies: >>60746074
Anonymous ID: jex8S7o+
8/6/2025, 11:53:41 AM No.60746074
>>60746057
Always listen to smart people (within reason). My jeet electrical engineer friend introduced me to AMZN in 2015 and ETH in 2017. I've been printing gains ever since.