The average fee for transactions on Ethereum has reached its second-highest level ever, after setting the record earlier this month. In briefThe average Ethereum transaction fee rose to more than $11, more than double last week’s figure.
Daily average fees still haven’t dipped below $2, continuing a record-breaking streak.
More hash power is being added to the network. Want to read more?- Go through the link- https://decrypt.co/42365/etherum-fees-double-in-a-week-as-defi-heats-upIt has more to do with the 400 UNI airdrops that traders who used uniswap exchange before 1 st September received. For most people it is a huge amount of money and they are trying to cash out and hence the high gas price. |
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It seems to be a tactic employed by exchange to increase the trading volume as UNI is the talk of the town right now . But hey I wouldnt complain too much as you are essentially getting extra 50 bucks for depositing the coins which you already own.
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What if ether price goes up to more than $2000 dollars.. How will people or new cryptocurrency users be able to cope with the gas fee. As I can see so far, the current gas price has been giving people tough time. I remember when we used to use 2 gwei for gas price.
I don't think the Ethereum network congestion can reduce with time.
It looks like you are worried too much. Sure the eth gas fees is too high now but 2000 $ is unimaginable for now. They are developing layer 2 protocols and scaling solutions as well as other blockchain protocols to solve the issue. |
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Xrp is my main Long term hold along with Ethereum .
Almost 20% dump ! Xrp needs a bit of patience IMO breakout coming. According to IMF and World bank , XRP
be the bridge to the Global Reserve Currency.
I still think xrp will only do well in future because the xrp community but if this DeFi thing work out for them it might give them a needed life for sure . Share your opinions Guys
I don't think we will see much scope for price increase in ripple because the market cap is too high and it's too centralised for my liking. But yes it's kind of a safe investment for now and relatively hasuch less volatility. |
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After a lot of delays and some technical testing which yield inappropriate result, a news was posted on decrypt about the most critical phase of most anticipated Ethereum 2.0 to be formally submitted by a Core developer Danny Ryan which the open-source code is already available on GitHub for community review. Is it possible for ETH2.0 to be totally launched this year? Source I don't mean to sound pessimistic but we really need to see eth 2.0 soon. We have been waiting for a long time now and other competitive projects are fast developing. The sooner eth 2 P is active the better. |
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It a great thing for decentralization that uniswap exchange and the token associated with it UNI has hit so high value and that the traders and liquidity providers are rewarded for being part of uniswap . Hope to see decentralized exchange become more popular and attract more volume.
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It definitely helps to make more people.aware of crypto and what's happening in crypto and the financial revolution that can bring. It also increases the investment in crypto bringing the wrath into crypto currency.
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The top 150 coinmarketcap listed the coin "Insolar coin". 1 billion supply coin increase from 500 million ERC-20 token supply. Actually ERC-20 token supply was 50 million then for swap holders got 10 times more XNS coins. But this XNS won't unlock for 3 years. My friend got only 2 XNS after 6 months of swap. We're being forced to hold altcoins when Dev releases supply. Already delisted from so many exchanges. What are your thoughts?
(I don't find the same topic as this coin)
Whenever you are investing in a coin always check the circulating,max supply and how the tokens will be unlocked and released into circulation. This way you can avoid getting stuck with coins or getting overwhelmed by too many coins being released. |
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Let's slide apart a little bit. This is just based on personal choice. We can all tend to learn from it too though. In this business, we all aim for the cash rhy? Even if patience is highly required, but my silly question is, who gets more, if one decides to earn in just one of the following:
1. A moderator
2.An investor
3. Bounty Hunter
4. Wearing signature
5. Social Media.
I m obviously going to side with the investors on this one..Since they are investing their money they tend to do a lot of research and select the right projects hence more likely to succeed. |
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As long as you select a good project which has a valid use case it doesn't matter how many participants it has the bounty will surely reward you. For example I am in Payaccept now and I have high hopes for it to succeed .
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I have no bad feeling about the project if they list the money due to a genuine bug but the price of the coin is too high for me to get in now .so I am staying away from it.
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Don't worry about gas price staying high forever. The eth price is high because of the bull market. It wi go down when the trading volume reduces.
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Read an interesting interpretation that the bull run is sustaining because of the high gas price and transactions prices as the users are not able to withdraw from exchange.
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To be honest I don't think the defi hype will last a long time unless they remove the tokens staking and being in stable coins . But the good things is it has brought the bull market so I am happy .
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Nice to see ethereum increasing and holding stable at around 400 . Let's hope it holds around this price before seeing a push to around 600 levels.
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Damn I wish I had stumbled upon this earlier. I was interested in Oracles but always thought the price was too high . I have been proven wrong with all the Oracle projects getting a super run now.
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I believe that Vechain is one of the fundamentally strongest crypto's . Yes it hasn't rise that much in the bull run now but give it long term you will surely be rewarded.
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I have 60% bitcoin
10% Link
13% Neo
7% Kucoin Shares
10% other coins—- Omg, Algo, Band, knc, Zrx, Atom, TLR, Shift
How does it look? What is missing except Ethereum?
For me it looks like a pretty safe portfolio. Now that we are in a bull market you are likely to get more profit by investing in altcoins with a good established team |
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My attention right now is almost solely on the DeFi space, especially for the quick flips, but recently I became quite a fan of Geeq. They will introduce their own consensus mechanism called PoH (Proof of Honesty), but their mainnet is still far away, so that could play a major role on its price action. Nonetheless, give it a peek if that tickles your fanny.
Proof of Honesty thats something that sounds interesting. I will have a look at Geeq . I have stayed away from Defi so far maybe I have to start looking at some IEO as others have suggested. |
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We are soon approaching the peak scam time of 2017 ICO period. Except this time its not scammers in telegrams but the Defi projects are gonna be swept away .
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