Yeah, it's always a good idea to take profit from your trades, but despite the fact we had the bear after the bull run of 2017, doesn't mean that the same situation would happen this year. Bitcoin is gaining more trust and popularity and getting into the portfolio of many more persons. The market may not nosedive the way we had it after the 2017 bull run.
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I noticed it today that the gas fee has been less than 100 Gwei today. I doubt if its a long term improvement or simply based on the fact that the market is less congested. I recall there was a news about the ethereum 2.0 project having a great impact on the transaction fee of the blockchain, I hope it works.
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Yeah, I'm also a strong believer of bnb. There's no doubt that bnb has been very helpful and it's purpose in the industry has been felt by all. Ethereum transaction fee would have discouraged several persons especially the new entrants and low coin holders of the industry if not for the intervention of binance through the binance smart chain project.
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I sincerely understand your perspective and it just dawned on me that anything is possible in this space. I wish to have the bull run for a longer period of time, but we never can tell how long this would last. The market has its ups and downs and we don't know when the bulls would have it.
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I doubt if altcoin would be able to replace bitcoin. From my point of view and observations, bitcoin happens to assume the position of a legal tender in cryptocurrency and that explains why almost all the cryptocurrency exchange has listed bitcoin and it serves as a measurement tool for the valuation of other cryptocurrencies and the coin market cap.
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Why ethereum GAS fee is so high? Is there any possibility of fee reduction? What are the factors are responsible for increasing or decreasing the fee?
gas fees from Ethereum will go down when ETH 2.0 is launched and in my opinion what makes gas fees from Ethereum become expensive is because many people make transactions using Ethereum blockchain and I believe if Ethereum has made an update (ETH 2.0), then of course gas fees from Ethereum will become low. We've been hearing about the ethereum 2.0 project for over a year now and it seems that nothing substantial has been done as it relates to the transaction fee on ethereum. Its rather unfortunate that most people are sourcing for other alternatives to carrying out their transactions and that's not encouraging for ethereum.
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When it comes to cryptocurrency, there's no limit on how high it could go. I never believed that dogecoin would reach this height in such a short period. There's no doubt that we had the influence of some billionaires and institutional investors to have the coin the ability to reach this feat.
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Ethereum has been on her glory until lately when the network became congested and transaction fees spiked high. I've been hearing about the ethereum 2.0 and I learnt that the first phase began around the ending of last year, but I'm yet to see any substantial developments so far. I know ethereum is still present and her demise is not in the near future.
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In my opinion, It's understandable that few wallets hold a substantial amount of dogecoin and that's because most people store their coin on cryptocurrency exchange Inorder to trade. Secondly, we know the dogecoin hype got its full gear from Elon musk who must have invested a whole lot into the project. No doubt, we could experience a dump, but it's still a wise idea to take advantage of the market and make some quick bucks.
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The bull run market feels very refreshing for those who have good coin. The truth is that most persons would have benefitted from this bull run even if they hold a little quantity of dogecoin and other low cost coin. It was amazing seeing the market bullish for this long and I'm positive that Bitcoin would still go much higher.
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I'm personally very impressed with the performance of bnb and the binance smart chain has become a respite for several projects following the increasing transaction fees on ethereum. But I must confess that binance coin still has a long way to go to become the next ethereum.
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Yeah, I'm also positive about holding some exchange token. But it's best to consider the exchange and the possibility of longevity before accumulating any exchange token. Remember that the exchange token gets its use case from the exchange and that's a key determinate for profitability.
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The news of the cryptocurrency market churning out millionaires in recent times has been Making rounds and every one wants to get a portion of the goodies. It feels really good to see the bull run and this run doesn't seem to be ending soon. Let's get the best out of the market. This is indeed the best time to be in this industry.
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Bnb being the king of all coin simple means that the coin would have to replace bitcoin and that seems very difficult, if not impossible to me. Bnb has been doing so well lately and I know that the project is loaded with great potentials, but that doesn't mean that it would supercede the raining king which is bitcoin.
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The major issue we have with ethereum is the issue of increasing transaction fee. If the ethereum 2.0 could fix it, then ethereum could get back it's lost glory. BSC seems more central than decentralized to me and before long the issue may surface.
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Bounties have been very helpful to several persons in this space especially the newbies who are yet to understand the technicalities of the industry. I believe that bounties pay a several more persons than the professional job opportunities that the industry offers.
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Hello Guys what you think about bnb.can bnb hit 1000$ soon or not.i think bnb hit 1000$ soon. Plz give your opinion.
I'll not be surprised to see bnb trading above a thousand dollar considering the fact that the bull run has been making rounds for a long time now. We've had several surprises in the last few months and as it stands I believe that the in cryptocurrency space anything is possible.
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Dogecoin may have started as a joke, but as it stands the coin is not a joke for me. Infact I regret not taking the project seriously by having a substantial amount on my portfolio. I believe that the present trading value of dogecoin would may many other persons regret not buying dogecoin when it was much cheaper few days ago.
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