Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
This will be true once all Bitcoin are mined. Energy cannot be created or destroyed.
All those Ethereum fanboys gonna get rekt when they realize the fiat value of their precious token was in the mining and not in the utility. The utility will still be there when it goes to POS but the price won't.
Then you don't understand what is happening.
For starters ETH has half the market cap of Bitcoin so iets the leader of Utility, where Bitcoin is the leader in store of value.
Ethereum currently isn't deflationary, and will be after the merge.
After the merge the tokens will be severely limited and the event will be like a triple halving.
In the future staking will be the most easiest way to increase your holdings.
I have a small portion of my stack in ETH and it's outperforming BTC, which is why I've bought some for the "shorter period"
I agree that there are many things wrong with Ethereum but saying it's worthless it's very naive...
Did you have too much altcoins again
The irony