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-upI think the high fees for Ethereum are very bad. I noticed that this issue is pushing many ETH users to use other altcoins. For example, to avoid commission, I exchange my ETH for LTC or TRX on the exchange. Of course, the fact that DeFi is booming on the Ethereum platform is very good, but the fact that the ETH network is weak and cannot cope with such an influx of transactions is very bad. |
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Just recently we are beginning to have some Twitter campaign giving hunters reward in btc in the service section. This is one sure way to take off this muster that seem like a cancer called bounty scam.
I'm believing that gradually, will may start seeing the inclusion of other social media signatures like Facebook, LinkedIn, medium, article, videos, blogs and many more, coming up in both bounty section and service. I'm sure that hunters will prefer social media signature than the scam going on in the board.
I guess one reason that we are seeing that Twitter campaign is because of the audit which takes care of non real followers of an account. So if your Twitter account isn't made of real followers, you stand no chance of being selected. The audit is surely to check out accounts with fake followers and that is also good to stop scamming.
Of course, payment in BTC is much better than in tokens, but this does not solve the problem of scam projects. The fact is that they can talk to you to pay in BTC and ETH and even in USDT, but will they pay? Scam is when a project deceives its participants by not fulfilling its conditions. This primarily refers to the refusal of payments. In my opinion, bounty companies need to start paying their members every reporting week to get rid of scam. This would quickly show how good the project and its administration are, not to pull payments for half a year, or even more. |
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Claim Tron bonus reward #Top 10
Facebook campaign
Bitcointalk username: ven7net
TRON address wallet (TRC20): TJAuamy4mNZ3iwYGu6q5jRyGpraPttJRq8
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Sorry if this not the proper place to post this and sorry if i feel little mad about it, but ALMOST all wallets ask for crazy ETH fees that are hard to cover, any hope that in a near future can be lowered?...
Unfortunately, this problem will manifest itself whenever the Ethereum network is under heavy load. The solution to this problem will be the transition of Ethereum to the 2.0 platform, but now the DeFi platform Uniswap is affecting high fees. It's hard to say how long this will last, but we need to hold on and believe in the best. Try to make an exchange when the gas price is minimal, usually at night, when some of the users are asleep. |
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The ClipX project, another bounty, managed by the Bounty Detectives' team early today let down bounty hunters gently in what seems a soft exit by announcing that it would no longer continue with the project. The announcement was made here: https://t.me/clipXchannel/13That was after it had cunningly collected KYC documents from hunters (even though that wasn't explicitly on the bounty thread). ClipX insisted it was going to be a passport document for KYC or nothing. It was really a suspicious move but anxious hunters neglected it. Why ask for only a passport for KYC and not any other document. My advise to bounty hunters: 1. Don't participate in any bounty without escrowed rewards. 2. Don't be in a rush to participate in every bounty that comes up. 3. Follow only trusted Bounty Managers. 4. DYOR on any project and don't rely on BMs. Most of them don't even research a project before going into contract with project team. Anyone else got any advice for bounty hunters, especially the noobs among them? I was always surprised when, at the slightest problem, they start writing as if the end of the world had come. And I also don't like it when they start blaming the bounty participants. You write that there is no need to rush, but how do you know that the project is a scam? correctly, only when you yourself take part in it or read the news. I think I need to say thank you to the bounty participants who took part in the ClipX bounty and were able to bring this project to clean water. It seems to me that this situation has once again shown that the work of the bounty participants is not appreciated and every time they try to blame. Why isn't anyone looking for ClipX organizers? Why are there not enough accusatory words against them? It seems to me that in such a situation you need to be more objective. |
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AS for many days, the crypto market is now in good conduction as compare from the last three to four months. But now a new thing in coming to altcoin, that the prices of all altcoins are fluctuating very badly and not able to stable in a single position for at least an hour. So, what should we do in this dramatic conduction of altcoin?
I personally don't see any drama in this. It would be much more dramatic if the price of altcoins only went down, or even stood still. If there is a price fluctuation, then there is a trading process and the asset has supply and demand. Moreover, such a fluctuation provides an excellent opportunity for traders to trade cryptocurrency, on which I am sure they make good money. I think that there is no need to worry, but it is better to believe in the best and pay more attention to the ongoing events in the crypto industry. |
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As on of the best altcoins, Ethreum is my first choice to invest. I invested my larger amount on Ether expecting that I will get double profit. But recently its value is some what in down trend. Still my investment has 20% profit. I am in a puzzle, I should sell it now or hold for further profit. Can you suggest me please, whether it is my best time to sell or hold for future?
I believe that if you have invested a critical amount of money in ETH and it is important for you to get this money back right now, then sell ETH. On the other hand, if you invested with the hope of maximum profit, then I recommend that you wait for the next flight to the moon. How long does it take? I think this may well happen next year. I would also recommend that you study the history of the growth of the ETH cryptocurrency. Thanks to this, you will be able to see some regularities, which in turn can tell you what to do next. If you still want to get the maximum profit, then you just need to wait until the ETH price reaches the value you need. |
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It was announced on Twitter and telegram that six hot wallets on the European crypto exchange 'Etherbase" has recently been hacked. The etherbase which was designed to exchange Eth, Tron, BTC and other cryptos have been compromised and Over 5 million USD worth of cryptocurrency have been withdrawn from hot wallets
Unfortunately, this is very bad, but it also shows once again how many crypto exchanges, especially those that were previously launched poorly protected. This news also suggests that the crypto market needs new reliable crypto exchanges with better protection. I also believe that the emergence of new crypto trading platforms should influence the solution of security problems and give the crypto community reliable platforms for trading cryptocurrency. |
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There are many crypto token listed in coinmarketcap and been traded in top exchanges like binance, Yobit and lDex exchange which people consider as proficient enough in the cryptocurrency market and knowing well that Eth is ranking number 2 position in the coinmarketcap, let's discuss Do you think that any new crypto currency overtake Eth in times of price value can that be possible?
I believe that there may be cryptocurrencies that can overtake ETH in price, but this can only be a short-term phenomenon. The thing is that, in addition to hype, we also need liquidity in the form of a community and an ecosystem. Without this, any new cryptocurrency will not be able to receive sufficient support to catch up and overtake ETH. As for me, now there are no such cryptocurrencies on the cryptocurrency market that could really compete with ETH, but maybe I'm wrong. |
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