Bitcoin Forum

As usual, i hate talk bullshit, here is the proof of user who registered and using UNISWAP (ETH) vs PancakeSwap (BSC)

https://i.ibb.co/WVwwbJm/IMG-20210310-074410.jpg (https://ibb.co/bbZZS9c) https://i.ibb.co/j5g8ydx/IMG-20210310-074424.jpg (https://ibb.co/4fPF8cD) https://i.ibb.co/dW5TxBW/IMG-20210310-074447.jpg (https://ibb.co/yfQ970f)

Binance to the MOOOOOOONNNNN!!!

https://i.imgur.com/iFcg881.png  https://i.imgur.com/nR4ZXOm.png

They might be have a little difference in their 24h userbase. but how about their total transaction?
it is quite far with almost 30% difference between those two.
based on that data, I believe it will take more time than you think for pancakeswap to overtake uniswap. I still believe, it will not happen this year or anytime soon.

Currently the number of transactions between Uniswap (ETH) and Pancakeswap (BSC) has a very significant difference, Uniswap (ETH) is still superior to Pancakeswap (BSC), and in my opinion BSC will not outperform ETH in the near future, however, if Uniswap  (ETH) does not fix gas prices or high fees, I am sure that Pancakeswap will slowly lose its dominance by Uniswab (ETH).

Today, March 10th, UNISWAP got beaten by PANCAKESWAP in last 24 hours.
https://i.ibb.co/7g5GzRv/IMG-20210310-184732.jpg (https://ibb.co/rbSZtck)

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https://i.ibb.co/JnZRrVj/IMG-20210310-185148.jpg (https://ibb.co/rk9G5Y2) https://i.ibb.co/Ns8qW1k/IMG-20210310-185236.jpg (https://ibb.co/vH7WLsr)

Will not happen this year or anytime soon you said? The FACT is UNISWAP got BEATEN by PANCAKESWAP already. Uni also has been around 3 years old launched while PANCAKE has launched on Sept last year.

The f*ck you said?

Very interesting info, the gap is getting closer, meaning many are moving to PancakeSwap and if the trend continues, maybe in the next 3 months or less we will see PancakeSwap overtaking Uniswap here. And we have seen that BSC is also eating up some of ETH as well. So it's going to be a race here, Eth2.0 better be ready full and functional and working in their most touted release otherwise we might see flipping here.

just checked it and honestly can not believe the 300.000.000$ difference between total transaction can be done in a few hours, that is not by any means small amount.
it feels like more and more people coming in into pancakeswap at this point.
is there any new project that could gain a lot of people attention on bsc side? I might be missed something here.

That was inevitable result, only a small percentage of people play in eth based defis but everybody can do whatever they want in bsc defis, thanks to 100x less fees.

I expect Pancakeswap to pass all other defis in the long run.

I agree that a very large user base is making a big move towards san Pancake.  There is no reason to trust the loyal number of ETH's users leaving Uni, just relying on the volume of transactions will not make a specific assessment.  Pancake capitalization increased rapidly with BNB when they took advantage of the temporary power of BSC.  But remember that the trust gap between Uni and ETH is huge.  I judge that in a short time Pancake will not be able to win the UNI throne.  Not to mention, when ETH 2.0 is successful, the gap will be extremely large.  Right now, Uni is still the most popular decentralized exchange.

well, if the fees on ethereum network still high,
i believe pancakeswap will beat uniswap, but if the fees decreasing i think uniswap will always be a leader mate

I am very supportive of your statement, BSC needs to summon all investors under the ERC20 umbrella to immigrate .. and tell the small traders, BSC really welcomes you. let the Ethereum moneylenders go crazy.

It is not about passing right now, uniswap is still ahead, and for a while there were more transactions on pancakeswap than uniswap as well but it was a quick few days, but that means that we could always reach that. However the biggest difference is that you are saying 30% difference but the marketcap is not like that, bnb marketcap is lower than eth (bsc vs erc20) and uniswap is bigger than pancakeswap, and by bigm argins as well, the difference between users on uniswap vs pancakeswap or even transactions on uniswap vs pancakeswap doesn't reflect on the prices right now and that is the main point.

BNB and CAKE should be a lot higher because they are closer than what the prices suggest. That is why I think it is quite important that we do not let this be seen as "it is sill ahead" because if it is slightly ahead but the prices are 10x different that matters a lot.

This is good news for Pancakeswap which is currently above Uniswap, it's because of the very friendly costs that BSC offers,
so I see bnb is currently rising again in price. Perhaps for BNB coin holders this is very profitable. It's a brilliant solution also
to get cheap gas costs, so Pancakeswap is increasing rapidly by market capitalization. Outstanding achievement!

It is about total registered users on Uniswap (ETH) and PancakeSwap (BSC) and with the huge user communities from Binance exchange, PankeSwap will grow more. In the locked value, Uniswap is challenged by Curve Finance. The total locked value of Curve Finance increases a lot and if it can keep up this good growth, it will beat Uniswap next month.

If you check their charts, Curve Finance did beat Uniswap around 22 Feb to 24 Feb 2021. After the falls of two swaps, Curve Finance falls deeper than Uniswap.

https://defipulse.com/
https://defipulse.com/uniswap
https://defipulse.com/curve-finance

They all are equally meaningless to me since I do not trade anymore and definitely still do not trust defi yet:)

But my question here is,,, what has pancakeswap got over uni? Is uni already doing a third version now for example? I mean, surely there is a reason people choose one over the other. What is this reason?

They believe their giant CZ will bring it to the moon, what is this to show the problem? I don't see much meaning between which is better, as there are still use cases. Previously I quite believed CZ's ambitions for this market, but lately he is playing a more KOL role.

And here is the talk again about the eternal struggle against ETH. Of course, now ETH and its network are experiencing a problem related to the load on the network and prices for commissions, but this does not mean at the moment that Ethereum has come to an end or with it, someone is fighting. This is called a market and there should be competition in the market, thanks to which we have the opportunity to see many improvements in crypto. But why is all of this constantly being touted as a fight against ETH? Personally, I do not like it when they talk about the imminent death of ETH, since all these conversations ultimately boil down to one thing, ETH was, is and will continue to be.

all Eth needs to do is provide relief, that's all and stop the joke of those who want to continue to have more ambition regardless of the network underneath. maybe for Eth it was only natural, when the respect had been felt by it. however, the fate of altcoin that come under the network will be ridiculed by crypto traders. moreover the newcomer altcoin are using ERC20, it is very unforgiving in the market. Isn't this an example we've seen a lot of trouble arising from Eth transaction fee rioting? let's say like Round 2 of the AMEPAY project which until now the stag has not been distributed properly until now. until the reputation of the campaign manager is at stake. all because of Eth selfishness.

To be honest I was surprised by what happened this year. the emergence of UniSwap and PancakeSwap greatly stimulated trade.
Pancakes are becoming more crowded possibly due to increased trade and frequent events on the binance smart chain. a major factor also lies in the extremely hostile costs of trading at UniSwap. and BSC provides a solution.
if we look at UniSwap, we don't even see that much anymore. but the BSC quickly gained market enthusiasm.
once again, Binance has one simply amazing product. happy binance.

Bsc had eating up a Ethereum a lot. Many new project.The Ethereum team should look into the further development and make a less transaction fee.Ethereum 2.0 should short all this or else the flipping happen for sure. Uniswap had a good over through in a market. Because the uniswap had a set of tokens that keep a widespread among the bounty hunters.

I think it's something that will happen where PancakeSwap or BSC can beat uniswap ETH it could be because the fees are very high for transactions at Uniswap and in the end many users fled to PancakeSwap or bsc because the bsc network only requires a small fee and of course it is liked by all users

I hope that will really gonna be a reality soon, I hope that all of Binance tokens are gonna explode such as pancake, BAKE, and BNB.
Their development are doing very great and keep developing new project which is very very promising,
if ETH doesn't wanna get beaten by BSC they really need to work and be serious with the new project, and start to announce when will ETH 2.0 will be release.

As a famous decentralized exchange, a change to Binance doesn't seem realistic because Uniswap is a decentralized exchange. Ethereum might have high fees currently, but it is very decentralized.

What could happen is like here, where Sushiswap changed to Avalanche, a very good platform for Defi: https://cryptofinancialtimes.com/2021/03/16/ethereums-top-decentralized-exchange-heads-to-rival-avalanche/
Avalanche is decentralized and has low fees but Avalanche is only position 25 at Coinmarketcap. 

I am sure it is exceeded now.
who also will trade with very expensive transaction fees if not with a large nominal value or indeed rich people with large trades.
PancakeSwap provides a better solution with BSC. now Pancake has many users and the volume is also growing. not to mention the many events also from BSC and binance. it makes a lot of projects also move from the ethereum chain to the BSC.

I do not compare things like price or anything like that, for me the experience of using good results is the most important thing. And PancakeSwap is doing a lot better than UniSwap right now, when we have to incur stupid fees, using PancakeSwap brings things a lot better, many people are still hoping for updates. Continued on ERC20, but until all is resolved we still have to accept the high fees. So BSC is doing very well and at the right time that users need.

It is just going to switch the network not the platform but I do agree somewhat, to choose Binance Smart Chain over Ethereum is a very shortsighted move. It is like moving to Bitcoin Cash from Bitcoin just because you get faster confirmations and cheaper fees. I really do not think that kind of move is sustainable.

Rightfully so because the fees on Pancake are acceptable.

I think there is no need for one to beat the other in order to be claimed good, both can be good and both can be used, I do agree that uniswap is doing worse right now compared to what it can do all because of eth tx fee but that doesn't change the fact that it is truly a decentralized exchange and it provided a lot stuff for people that didn't existed before. Whereas pancakeswap managed to do the same things but on the binance smart chain and with basically nearly free cost and that is why it looks like it is doing much better.

There is nothing that people should be ashamed of, I think it is quite good that both of them are doing great and if you want to invest you can invest into both of them and make money. I believe they will both go up a lot, and not just a bit, I mean at least 10x will happen very soon as long as they continue to be used like this.

Agreed and it looks like there will be a competition between pancake and sushi as some demands on ethereum were also moving to the avalanche blockchain. The daily trade volume of pancake swap is always getting increase anytime.
It's just a matter of time until miners will be burning ethereum to the hell with their greediness. Ethereum miners didn't yet realize the potential for them get nothing when more and more big platforms decided to exodus into another chain.

But Does Pancake Platform had Been attacked recently? I mean Phishing attack? that's why the Price drops some bad amount .. Or i missed this part?

Pancake Had Been Growing Good and Good since the Later part of 2020 and now since January it has been climbing and trying to Beat the Ethereum Network.
Thats the Good effect when ETH already Threaten by BSC presence Now the Fees decreased lower more than 30% from the former Highest .

Since I like Pancake so much, I'm going to try to learn what it can do with this. Lol.

Kidding aside, I haven't tried using either of them and have no clue yet what I could do with it. I'm currently reading online guides to how I could earn with this as well. It seems like it's a nice investment to have too. Knowing that CAKE is still on its low potential, I guess. 

to be honest, I was a little disappointed with the swap platform..
Swap platforms are known to be very weak with liquidity, there are many cases where fraudulent coins are intentionally created to only attract buyers at the start and then run away. indeed the pancake swap will definitely shift the uniswap because many have moved to the pancake swap and of course because of the cheap transaction fees.

It is not because pancake threatens eth, it is because people moved to bsc and that is why there are less people on eth and because there are less people that means less people move money around and when less money is moved around it costs less to move it around as well. That is just simple math, just leave 1 person who moves money around in eth and it will be free, but when you have millions it starts to cost a lot, sending some of that money to BSC helps eth to unload some of those transactions and get cheaper.

It means it is not about competition, it is not about how bsc is good and that is why eth tries to be good, it is just about sharing that huge defi load with many different blockchains, get tron and others to carry some of eth's load as well and you will have under few dollar movements in eth, so far only bsc helps and it managed to drop decently.

as always, there are practically as many opinions as there are people who are discussing this issue. for me personally, none of the resources are attractive to use at this time, although in fact I am only familiar with uniswap. Although if we consider them as investments, then you can get a fairly good profit. I don't know how things are with Pancake, but high commissions on uniswap, automatic ones, push me away from this resource.

I think PancakeSwap were able to enter the market at the right time because many users disappointed to see ETH higher network fee and i think small holders fallen into a kind of trap because they can't bearing such ridiculous transaction fee. So many users are attracted to use BSC for low cost network fee and i see quite possibility to overtake Uniswap by PancakeSwap.

The thing is as long as pancakeswap has less transaction fees than uniswap then sooner than later it will take over, let's face it, uniswap high fees together with ethereum high fees is getting on everyone's last nerves, am really looking forward to the day uniswap is overthrown.

Adding more to my $STBU position. This one is primed for the glorious run. The best looking chart on Uniswap right now tbh
https://stobox.io/

Moreover all top influncers are supporting it! Just 2 millions mcap! It is looking INCREDIBLY good!
https://twitter.com/MacroCRG/status/1373295618031030278?s=20
https://twitter.com/StoboxCompany/status/1374393450246721541?s=20
https://twitter.com/MacroCRG/status/1374401101798141955

For weekly stats, PANCAKE has exceeded UNI now

https://i.ibb.co/tsRnGJK/IMG-20210417-054703.jpg (https://ibb.co/zRdCM4x)

And the number of monthly stats already so close

https://i.ibb.co/HFkcLM2/IMG-20210417-054719.jpg (https://ibb.co/0Dd0pWX)

Told you to move BSC era, ETH era has been ended since BSC found a way to decrease the fee 100 times lower than ETH platform. You guys are just like old people who can't accept the new era and still stick to old era, shame on you

LONG LIVE BSC!!!

And finally for monthly stats, PANCAKE has surpassed UNISWAP in most of users & total transactions

https://i.ibb.co/qk204Z5/IMG-20210505-150338.jpg (https://ibb.co/xJrmc4H)

LONG LIVE BSC!!! LONG LIVE CAKE!

I can barely see the image but I believe in PANCAKE and BSC. UNISWAP is a good platform but it has to be replaced by Pancake due to lower fee and faster transaction. Moreover, many projects are moving to BInance smart chain. Too many launchpads to run and advertise. Buying Binance coin is one of most righteous decision

Pancake of course broke into the top dex exchanges and as the author correctly describes, it may soon become in the first place, and everything is there for this, cheap transactions and the volume of trading on pancake is growing every day, so I think Uniswap is losing ground.