there are only 112,000 addresses with 32 ETH. ETH is artificially low because of the coronavirus. In a normal climate testnet would have been the moon mission.
You don't have to go all in on ETH. Just sell enough of what you're holding to get 32.
This entire board is not going to have to work anymore and being called a wage slave for the rest of your life will be devastating.
it has to decouple from btc first to moon. will never happen
Isaiah Cook
>there are only 112,000 addresses with 32 ETH There's no way it's that low. I'm a poorfag and even I have 40 ETH
Andrew Stewart
Look at this brainlet. No crypto will ever decouple from Bitcoin.
Stocks aren't decoupled from Dow Jones either.
Tyler Gray
you're not in the loop.
DEFI is bringing btc to ethereum. Keep will mint tBTC. Ren will mine renBTC for defi platforms.
Ryan Baker
What's the point? If you only will be getting 6% pet year from staking?
Jordan Martin
ETH was at one point at 32% marketcap, while BTC was 37%. ETH in bullmarket is going to decouple from BTC, and it will eventually be #1.
Zachary Kelly
Big difference between being able to stake and missing the boat and NEVER being able to stake
Luke Reyes
it was decoupled during Q2 2017-Q2 2018, it's also decoupled now since end of March. Institutional money has switched from btc to eth, eth now dominates flows into grayscale ethereum trust.
Jaxson Taylor
But I love my Linkies so much
Liam Jones
Scam coin
Who cares
Hudson Young
1024+ ETH Master user reporting for duty !
Christian Turner
You're crypto jaded. Your 40ETH stack is worth roughly $8,000 right now. There's no way the average person has that kind of money to spend, especially on something like crypto.
Dylan Lopez
And what makes you so confident lmao
Cameron Ross
112,000 is kind of a lot and some people might have that much spread out between multiple addresses
Samuel Williams
I recently converted some of my BTC to finally get a 32 ETH stack. Did I do good?
Daniel Walker
I code in solidity and I'm familiar with the Ethereum 1 codebase
Lucas Anderson
>please get 32 ETH NO >here are only 112,000 addresses with 32 ETH good to know only 112,000 retards, surprised at such a low number in reality
Oliver James
Do you think learning solidity and how to develop on the eth network is a lucrative skill to learn?
Ryan Foster
Kek this
Joshua Cox
this. look at andreessen horowitz crypto portfoil.
I was all in link but can leverage on aave. I borrow usdc against my link, bought a ton of eth and deposited it back into aave.
Easton White
>It's all ETH >Celo >Filecoin >Handshake >Oasis Labs >Dfinity
Eli King
>There's no way it's that low. he doesn't count in people with eth in weth and defi, but it's probably another 50k at most. Yes, if phase0 launches in a few months, eth has a potential to go above $3k this year. It's a very interesting case, because all deposited eth is locked for at least one year, probably longer. 20M+ ETH is going to disappear from supply. Part of that eth is right now holded on addresses, but millions are going to be freshly bought.
Unfortunately, PoW still remains on, so dumps from miners are going to dump the price over the long term. I expect a temporary parabolic rise into insanity (~$3k), then bear market until PoS is announced, at which point it's going to pump again.
There's on unknown - it's possible eth manages to flip bitcoin during the first staking bubble. All it would take is $10B+ of net spot demand in a month. That would be uncharted territory. I don't expect it to happen in 2020.
Jonathan Russell
It took me a year and one lucky swing to get 40 ETH. My investment was around $4500, through small amounts over the course of a year (which averages about $375 a month). It's probably not possible if you're living pay check through pay check, but I'm not stacked by any means, plus most of the money I invested was money I had saved up before.
Jason Clark
>then bear market until PoS is announced I mean full PoS here, PoW gone.
Isaiah Nguyen
I'm all in link but can sell for 60eth. I still feel like link would outperform and I'm not trying to make too many tax events
Ayden Price
Ethereum is unbelievably underpriced right now. this is going to moon. Link is literally a psyop to distract from the real chadcoin
Colton Green
All 96 of my eth got liquidated in the makerdao shitshow a month ago
don't sell your link. deposit it to aave. borrow usdc then buy eth. Deposit that eth back into aave
Angel Martin
long term it's going to 1,000 guaranteed
Wyatt Hill
You should sell like half that just to get your 32 ETH stack, you would still have a sizable LINK stack and that way won’t neck yourself if ETH does end up mooning like crazy
Ryder Brooks
this is how i got here tread carefully anons
Joshua Morris
Can you explain the aave thing to me like im a brainlet? Say i have 2k link, what do i do to safely borrow more for link or whatever
You deposit link into aave. Then you borrow usdc or another stablecoin. You swap that stablecoin for more eth using uniswap. After using uniswap you deposit that link back into aave.
Ryan Howard
correction.
You deposit link into aave. Then you borrow usdc or another stablecoin. You swap that stablecoin for more link using uniswap. After using uniswap you deposit that link back into aave.
Asher Morgan
Damn, that sucks user. This is one of the reasons why I'm still a bit hesitant about this defi lending stuff, Id rather just hold my coins and wait for staking
Tyler Reyes
when will you morons realize that ETH is the only coin you need. Every transaction on the Ethereum network is paid for in ETH. There is no reason to use any other coin on ETH besides ETH as a medium of exchange.
Sure you can scream "muhh you need LINK for oracle services" except you dont, and if you think that you've been blinded by the link bullrun, just like all the btc maxis have been too blinded by 20k$ bitcoin to realize that btc is dead and every institution and company in the world working in blockchain is doing it on ETH.
Peter THIEL. Dont forget that paypal mafioso who is behind ETH. BTC was just there to normalize the crypto surveillance state. ETH was designed to create it.