Post
Topic
Board Speculation
Merits 1 from 1 user
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Biodom
on 18/06/2022, 21:15:14 UTC
⭐ Merited by JayJuanGee (1)


I'm just not a fan of ETH. It feels like a World Of Warcraft currency. Example: If you want to fly from point A to point B, you have to pay 2 gold coins and 99 silver to the flight master to allow you to get from point A to point B. F^CK MAN!!  Cheesy  Cheesy .. At least on BTC/LTC/DGB/Doge... etc... all the ones that you can say: I'm not f%cking paying that fee. I chose what fee I want and I will sit here and wait 14 days till I get what I want or it gets denied and I get back my money!   Cheesy   Cheesy  (or you can just make a 2nd transaction after with a higher fee then the previous one and you get a spot in the next block.. but it is still something)

ETH feels more like a tyrannical system then the other ones where you can chose to pay or not what it is being asked of you.   Roll Eyes   Roll Eyes

NAhh I look at it different.

Eth increases and decreases at a higher percentage than BTC
Also the merge will act as a triple halving.
Fee problem will get solved in the future...

Expected ROI is better than BTC.

I have quite some BTC but I'm giving ETH a shot with some on-the-side-cash

Off topic, but it (cough-eth-cough) also declines faster. Prior decline was 94% (bitcoin also did this in the first cycle).
Maybe it is one halving away in cycles, than this decline would be 87%, giving a possible target of $626.
I am not sure re eth future, but I am sure about bitcoin, so I focus on it, instead.

BTW, eth has a gigantic problem even as POS; it does not have delegated staking (as others do) and because of this you either have to stake yourself using quite sophisticated hardware and a non zero skill set (and a minimal of $30K in value) OR you have to deal with derivatives that are currently crashing/deviating from the peg. Not a good pair of choices, imho.

BAD design...VB and his "group" finally screwed the pooch, imho.