Very high eth gas fees make traders and token companies think twice about transactions. if this situation continues, many new projects will use other platforms than eth to avoid high eth gas fees
It's already, Binance Smart Chain (BSC) gain it's momentum be becoming Ethereum Alternative but the only negative things from BSC was Centralized ( For Now) It's forked from Ethereum and compatible with EVM so basically it's 1:1 with ethereum but wih PoS Concept, Tons of project especially DeFi and NFT was already using BSC. For Ethereum i suppose we will see significant impact after Ethereum 2.0 Released, Well for now the best thing to do was wait till the gas price low (UTC Midnight), Use Layer-2 Exchange (1Inch, etc) Or use other chain.
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I don't think there's anything wrong with that, as long as the bounty manager doesn't have a contract that requires him not to promote other projects through his signature, while not the others by promoting Fraud Project I think it's their right to participate in the signature campaign they want.
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##PROOF OF AUTHENTICATION## Bitcointalk Username: dhemasm Telegram Username : @mahessapap Campaign : Article/Blog Spreadsheet # : 642 ERC-20 Wallet address : 0xec440022a3ca22c4dc196eb6dd05e405b9527a72
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I think while the price of Ethereum tends to 2000 dollars, we will not see below 70 Gwei, more favorable conditions will be if the price of Ethereum drops to 1000 dollars.
That also valid but before the main factor of high gas Fee from my opinion it's because DeFi and now it's not on hype again, Basically last 3 day The Gas Fee was really low and it was on Bullish state, It's stable around 60-70 Gwei especially on UTC Midnight Time, Not sure about today but i'm really sure it will low again.
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Yes it is but it's about luck, Some Pool like Ethermine accept 1 Lowest gas price but it's only small chance. 60-65 Maybe work if you wait till UTC Midnight, Yesterday it's stable around for 60-70 gwei which is good, You can check here for average lowest gas price here https://ethgasstation.info/ and more exact gas you can also check here; https://etherscan.io/gastracker
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From my perspective market was still on bullish trend and this will Continue until the next 1-2 months, COVID-19 vaccine has not been completely evenly distributed and has not yet been seen to be effective, it still gives some Negative Impact to the Stock market so that various investors are looking for alternatives and one of them is crypto. It's safe to invest on BNB now since BSC was also gain it's momentum, Pay attention to Correction, Good Luck!
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I noticed that the gas price early Monday morning is very low to 72 Gwei. Yesterday I managed to transfer my tokens to the exchange for $ 2.8, I'm sure that the commission on Uniswap is also lower.
It's still high i from my opinion comparing to last year, You still need pay Approve Fees before exchanging on the Uniswap, $2-$4 For Approving your asset to be traded on metamask and around $15-$28 For today Ethereum Fees, More than $30+ and it's was really ridiculous take an example for $40 total traded value and you only get $10 from that. Well let's hope atleast it will touch 30-50 Wei Range on the next few weeks.
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There will be always some information on their Whitepaper but personally i prefer to ask it Directly, Here some question. 1. Advantage From Other Competitors? (Real Use case Example & Demo/MVP) 2. Tokenomics? (Distribution of Total Supply to Team, Community, Development, Advisor, Is there any Pre-minting?) 3. Total Fund obtained from Sale IEO, STO, ICO, etc. If there isn't any sale, where do you get the Fund for development? Is it from the developer's own pocket or from Private Investors ? 4. Total Raised Fund to be used for? If there is no Sale (Private Investor), what benefits do they get? 5. Long-term Planning, if there is a project with the same but better use case, can your team improvise and compete?
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Are you looking for a Staking / Farm Coin that is Less Risky but with low Profit Or Vice version. For Less Risky maybe you can try to get some CAKE From PancakeSwap (It's have great APY With low Risk), AAVE, 1Inch or some Staking on some Exchange like Kucoin. XTZ And Algo it's safe too and great Alternative with low risk.
For High Risk, Not Recommend but give you really High Returns, AZUKI, FARM. Both Of them have more than 500% APY but careful! Amepay also gives 300% APY on Exchange Bithumb for other alternatives.
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This statement by the indian finance minister seems to be a positive one. Recently we were hearing that bitcoin will be ban in india but after this statement it seems that they want to regulate bitcoin. They may have understood by now that it is not possible for them to ban the crypto altogether while other countries are accepting it.
Yes it's positive but i suppose they are experimenting on the Blockchain and issuing their own CBDC And still banning other cryptocurrency? Not really sure too and i'm not and India Citizen but they politicians have same character as the Politicians in my country (Indonesia), From my own opinion they are just avoid criticism like some post before said? Well let's see, Really hope India Crypto Community can enjoy Crypto Legally like my country.
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1. mainly on price/the market trends
Yes, I Prefer do some Short-Term trading by doing some scalping depends on the current market trends since it was instant Profit even it's small. 2. mainly on the underlying usefulnesss of the token
Even it's have useful use cases but without strong team, marketing, community it won't affect anything so i rarely to invest on it and it's depends on some factor like i said before. It's only good for Long-Term Investing Strategy but basically i'm not into that, i want to get instant profit, How about u? 3. pretty even split of the two.
Nope, I prefer Option 1.
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Yeah, they can control the fees since it's centralized.
"For Now" Just hope it will become Decentralized soon as some post before said. If people only care about fees they could become a good solution for sure, but when ETH2.0 comes it will be competitive again. Not to mention lots of decentralized projects, especially those who prefer strong main-chain would not sacrifice decentralization that much. Fees + Time i suppose, It much faster and Cheaper but yeap ETH 2.0 I suppose will change it again and basically BSC was more popular rather than other network since it's basically "1:1" to ethereum and people was more familiar to it's UI Especially on it's explorer and EVM. Uniswap still has the first mover advantage, and with the update to v3 and the lates proposal, plus 2.0, I think they're still strong enough to tackle projects backed by centralized entity.
I though V3 it's only rumour? If this real then it's gonna be good, Just won't hope much since Uniswap V2 didn't even realized before (UNIPIG). Well let's hope ETH 2.0 Will be launched soon (Hope this year).
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Uniswap is using ETH as their platform, while pancake is using BNB as their platform. Both are different, so we can't compare between them.
But BSC was modified Ethereum Fork and compatible with EVM so basically it's have same purpose & Use case and from my personal opinion and we can Compare it since it's basically same and the real Head-to-Head Match will come after Eth 2.0 When both of them will have PoS. BSC was much better on Gas Fees but it's Centralized For now. I don't think people will back to use ETH as many as before BSC launched, i can say it's only for rich people who can afford to pay more than $30 just for 1 trade by using ETH platform as gas fee.
BSC was one of the best alternative especially for DeFi Transaction or the other dApps. We only can wait for now which one will released early, Decentralized BSC As you said or Ethereum 2.0.
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If i'm not wrong India was banning Cryptocurrency Before right? and just saw the tweet that your shared and really curious about what kind of "experiments" and basically this means Indian Govt View to Cryptocurrency especially Blockchain was changed? From my opinion The only reasonable Experiments is CBDC which is normal since some country was Experiminting this too like China, Indonesia, Well looking forward for another update.
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From that list Polkadot Have higher Chance to overtake Ethereum, Yes it's still have tons of bug but still it have an great Concept with Solid Team & Community. Beside that Cardano was also good, Too many delay but still also have good development, Not on the List, BSC even it's limited with only small Validators and Centralized but still good for alternative especially on some DeFi Platform. I also heard about Avalance but not really understand about it for now, Maybe will read it later.
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Just reading yourt article and yeap Tron & Litecoin have lower fee comparing to other Crypto with fast Transaction time too, I use it when sending from another Exchange and comparing to some major Currency like Bitcoin & Ethereum it much better, Beside that maybe you also Can Try Steem Or Hive, It's have Zero Transaction Fees and listed on some big exchange like Binance Or Bittrex or maybe also Add Nano to the list.
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