but look at the comparison mate , ethereum almost consistently having that transaction per day while in binance there are chances from time to time. means the ethereum users are constant and efficient .
but of course i am a Binance supporter and user so i may rely on thos thread to make me rich in earlier time.
I know but growth need time to goes from volatile to stable. After soaring growth, if Binance Smart Chain remains its transactions after up and down, its temporary growth will become a future basement. It is a new support like in the price chart for Binance Smart Chain. I think with Binance ecosystem and their creative products for the crypto community, Binance Smart Chain will grow more and BNB will get price as Ethereum has now, in the next years. I can wait, next 4 years to witness BNB above $2000. |
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on Black Thursday last year, the price of Bitcoin plummeted, and many short-term players sold one after another. In this kind of loss, such short-term players are more likely to buy when the price rises, sell when the price falls, and buy back at a lower price.
Short term investors are losers in market crashes. Last year in March, this year in May, June and July. They are losers because they don't really believe in future of Bitcoin. They only begin their investment with greed and lack of knowledge. They are fearful with market crashes and if they are leverage traders, they don't have chance to choose between selling or holding because their margin positions will be liquidated by exchanges. After market crashes, long term investors get richer and they have more power to manipulate the market in the future. Short term investors, traders and losers are fearful when price dives but they are greed when price soars. They do oppositely to long term investors. |
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BNB is one of the coins on my long-term investment list besides BTC and ETH.
Binance's dominance on the exchange will definitely greatly affect this coin, especially the coin burn they do is enough to make the price stable.
Binance dominates the crypto exchange competition and they don't show that they stop their creativity and leadership. There are many exchanges but Binance is the leader and their products are released ahead of other exchanges. They create trend and other exchanges join trends created by Binance. After Binance Smart Chain from Binance, other exchanges try to create their own chains.
Do you think BNB will have price of $3000 like Ethereum next four years?
This is very likely to happen, some even predict this year BNB could reach a price of $2,000, but tweeted from Musk about Bitcoin greatly affecting the market, so all altcoin prices fell including BNB. It takes patience to be able to see our investment in BNB reach a high price, so you don't regret selling too cheap If Binance won't reach it this year, it will reach it in next 2 to 4 years. I will try to collect about 50 to 100 BNB in the next 2 years. I consider it as my second chance after I lost my Bitcoin in 2017. |
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The main thing to take away from this news is they will have a limit of up to $100,000 in a single transaction to be cashed out by their customers.
I don't think any other service allows this on their platform.
With google allowing ads pertaining to bitcoin again, it is showing google's acceptable that it is not a hindrance on their business model after all.
It is a big news but effects are not as big as people imagine or over optimistic it can have. I agree it is good for crypto market because it will bring more convenience to people who are still hesitating to begin their crypto adventure. From more convenience, more people will actually begin their adventure and bring more capital to the market. Good news is good but if people are over optimistic, they will be more vulnerable to fud when reality is a bit different from what they imagine. Governments will challenge the growth of crypto market and FUD will be there to attack naive people and their naive over optimistic belief. |
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If you are in the market since 2017 or earlier so fjavascript:void(0); :-\ar, you would have more than 4 to 5 years in the market and you actually are one of witnesses of Ethereum growth. Binance Smart Chain is a chain from Binance, and its token BNB has good exponential growth since 2020. What do you think about BNB next 4 years? Do you think BNB will have price of $3000 like Ethereum next four years? Some comparisons between BNB and Ethereum. Total daily transactions: Ethereum has better start but BNB grows faster and now have total transactions that is about 8 times higher of Ethereum total transactions daily. - Ethereum: https://etherscan.io/chart/tx Highest number of 1,716,600 transactions on Sunday, May 9, 2021
Lowest number of 1,329 transactions on Sunday, August 9, 2015
- BNB: https://bscscan.com/chart/tx Highest number of 13,173,787 transactions on Thursday, July 29, 2021
Lowest number of 38 transactions on Sunday, August 30, 2020
I believe Binance will create own native chain for Binance Smart Chain. What do you think of BNB when native Binance Smart Chain is available? I did not have chance to buy Bitcoin at $300. I did have chance to buy Ethereum at $300 and did bought it but I did not hold it from $300 to $3000.  |
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Regulations are necessary to make the crypto market to mainstream and legal tender.
DeFi, NFT, Bitcoin and crypto market will definitely targets of governments to regulate more seriously. I don't think regulations are bad for the market. It is very good because if the crypto ecosystem can be free from scammers by more seriously regulations, it is the better. I know the fact that scammers can not be eliminated forever because they will adapt to regulations.
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Gas price on Ethereum network won't be cheaper as expected after the hard fork but it might need more time to show what it can help to reduce transaction fee. People love cheap transaction fee but right now, on Ethereum network, there are many hot things, DeFi, NFTs, etc. that together affect the transaction fees. The burned Ethereum is very good idea to make the total supply smaller. It makes Ethereum becomes more valuable. Price must rise as the coin has smaller total supply. With the potential of Ethereum, I believe the coin will has price about $10,000. I hodl some Ethereum in my wallet and won't sell it too cheap. You can sell it now to enjoy the rise and volatility on the market but long term, try to hold about 10 ETH in your portfolio. It is like you hold 10 BTC in 2017. https://www.gasnow.org/ (41 Gwei to 52 Gwei from Slow to Rapid). It is not good gas price. |
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If Bitcoin reaches 1 million and I hold a lot of Bitcoin in my wallet, how can I get profit without selling Bitcoin?
1 Bitcoin is 1 Bitcoin but you don' get any profit if you don't sell your Bitcoin. You can see your balance rises in value but you don't get it actually if you don't use your Bitcoin to buy anything or don't sell it. In the future, you will have more options to use your Bitcoin for many things in life and don't have to sell it to fiat. I use a certain percentage of the current price of BTC as collateral to obtain a loan and earn interest. If the price of Bitcoin doubles, can I get the loan again?
Loan is bad and if you are bad in risk and liquidation management, you collateral will be liquidated and you will lose your Bitcoin. How to keep the bitcoin while getting the initial investment income?
You can lend your Bitcoin on exchange and gains interest from it. However, it is not too good because the worst advice is store your Bitcoin on exchanges. |
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Why does some people always say negative about Bitcoins?
They belong to two types: - People already joined the market, but got scammed or failed into scam projects. So they hate Bitcoin or cypto. - People have never joined the market. They only watched the market, being curious about the market, feel envious when Bitcoin rises too much. They hate because they are not part of the market. 1. Lack of knowledge about Bitcoins, uneducate People only saw the negative sides of Bitcoins.
Many resources for them to learn. Because they are lazy or hate Bitcoin or don't have belief in Bitcoin, they don't open their mind to learn. 2. Some of them say negative feedback because of their experience on some sites about Bitcoins, because now a days Bitcoin are popular but there are many site will scam you if you are spontaneous to invest in not trusted sites.
In any game, you can not win if you don't lose first. If you win first, but don't sharpen your knowledge, you will lose all later. I did lost money in crypto market but my failures don't make me hate Bitcoin and crypto market. My failures are because of me, not the market so I don't have reasons to hate Bitcoin or the market. I hate myself with past stupid mistakes. |
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Dogecoin Genesis block is on Dec 6, 2013, 8 years ago. It has 8 years in the market and Elon Musk only involves in Dogecoin since 2019. He publicly shills Dogecoin since 2020. How is Dogecoin from 2013 to 2019, without Elon Musk? It has big volume from daily trading and has big pumps for people to enjoy. Genesis block: https://blockchair.com/dogecoin/block/0Chart: https://coinmarketcap.com/currencies/dogecoin/Dogecoin will be strong with or without Elon Musk. |
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It is in June 2020, one year ago. When I firstly look at the link, I thought it is June 2021. So the news is very very old and does not bring anything new. Furthermore, I failed to find any mention about XLM in the report. |
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Use the countdown and avoid any mistake to move your Ethereum around the hard fork. You never know what will happen with the hardfork and your coins if you move it shortly around the hard fork. Please wait very patiently and observe what happen with the hard fork, network and only move your coins when the hard fork successfully done and the network becomes stable again. It's a big note for newbies. |
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I wouldn't say that Ethereum is fully decentralized. Only partially perhaps. There is this developer team with an uknown premined stash, who decides what to do with the bloockchain. This is done without asking the users, including reversing transactions in case they don't like something. This is what happened in 2016, after the DAO accident. Since then the project has been compromised and nobody can state that it is truly decentralized.
It is a fact and an important part of Ethereum history from that people have evidence to say Ethereum is centralized, partially even the project and the network have changed a lot in many years after the DAO hack. Now we see a switch from POW, which was the only decentralized element, to a POS, which is like the fiat money. So with time instead of going more decentralized, ethereum is going even less decentralized.
The power will be centralized in hands of big exchanges. They will hold the most Ethereum on the network and it won't be good for Ethereum network. Exchanges are targets of governments and have more centralization on exchanges means more risk for Ethereum network. This is one of the reasons many people,,, including myself, changed their minds about Ethereum. Even Vitalik himself admitted at some point it was not as decentralized as he would like and took steps to changing that. The fact that dev calls take forever and decisions are "slow" show that the method eventually works.
He tries but it does not mean his vision can work. BSC can also achieve that I suppose but not for a long time yet.
BSC is worse than Ethereum network because that chain has very little validators and they are fully controlled by Binance. Binance again are one of most favorite targets of governments now and in future. It means that chain has already been under radars for more regulations then FUD. |
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Like this the result. Looks better and fits better with a brown t-shirt. When I bought a t-shirt, I also didn't find brown and only green. But it's a great idea and it fits perfectly.   Perfectly design with brown T-shirt, IMO. Will forward that proposition to the team.
It's cool to see the team listen to the voice of community. Thank you.
Anyone here got problems with the spike of Gas price on Ethereum network days ago? |
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Its possible, but its will cost you many.
1. You need to provide your identity (provide u are the person that own the sender wallet)
2. Pay for gas fee to transfer back
3. Pay the exchange for the assistance fee
If its not big amount its better to forget it.
Not all exchanges support customers to recover mistakenly coins were sent. If you don't see they mention about it in FAQs or their zendesk for customer supports. It is bad. If they support customers, they don't give free support and as you said, expensive assistance fee. If the mistakenly sent coins have low value, let's forget it and try to remember that lesson. Try to avoid the same mistake when you make other transactions in the future. Checking details of transactions, address, chains, amount does not take too much time. |
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One of the Best Weapons in TradingYou will need to use Stop limit order to support stop loss order. When market crashes, Stop limit order will help to save your capital. Sometimes, stop loss orders will not be activated without Stop limit orders, with bad connections to exchanges or unstable operations of exchanges. What is a stop limit order? (Binance Academy)
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Some month ago so many people would think Bitcoin will crash , many felt as if the price will even fall more than it use to be.
People never change. They are fearful when they should be gread. They are greed when they should be fearful. They did not join when Fear & Greed index is 10, days ago, and now when the index is 50, they want to join the market. https://alternative.me/crypto/fear-and-greed-index/ |
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Personally,I don't think traders work with time frame - day,night,weekdays or weekends. They work based on income potential and therefore monitors the coin movement of the market 24/7.
The more trades you make, the more mistakes you make and the more loses you can get. Good traders don't trade 24/7, they wait for confirmations or a few candles to confirm about good entries. They enter the market after confirmations, and exit with their plans. 10 trades each day, if you do it good, will bring good gains for your tradings. You can accept 1 to 2 bad trades in each 10 trades. If you make 100 trades each day, I doubt that you can make good entries and exits. You wil become an emotional trader. |
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