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Tron offers low transaction fees and it is cheaper to transfer USDT with TRC20. I don't think Tron will die because its network is well established and it is also trading with a sizeable daily volume. Continuous innovation is needed if Tron wants to imitate ADA price movements or others
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Sure. Moreover, all the mined coins will remain on your balance. And what concerns the number of active mining bots, I think it depends on the capacity of your PC. But anyway, it's a great opportunity to mine even more.
Now many banks are exploring the possibilities of blockchain technology and are cooperating with cryptocurrency startups that help introduce blockchain technology into the banking and financial spheres. Here is an interesting article about how blockhain can be used in bank sphere https://www.bloomberg.com/press-releases/2021-04-06/eqifi-launched-community-powered-global-banking-becomes-a-realityI believe that the financial sector is the most promising for investment, so investors pay close attention to cryptocurrency projects that cooperate with banks and want to make banking easier and more profitable. Projects that have collaborated with banks must have been regulated by the government so that they can be used as long-term investments. With the more liquid DeFi and the bigger the TVL in various staking and lending, I think crypto has become a separate bank |
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In terms of ranking on coinmarketcap, EOS has indeed gone down but in terms of price, it seems to be increasing compared to some time ago. This does not mean that EOS is said to be dead because EOS still holds large amounts of Bitcoin, so after all, EOS as a corporate entity is still quite liquid.
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As a decentralized currency, Bitcoin's development is not subject to excessive government restrictions or influences, while the cryptocurrency economy is subject to peer-to-peer Internet protocol monitoring.
Cryptocurrencies have not been widely accepted by businesses and consumers, and their prices now fluctuate so much that they are not suitable as payment methods.
It's hard to say Bitcoin is an illegal asset because Bitcoin was never sold through an ICO or any form when it was first launched. What the government can do is to tax every profit people make transactions with Bitcoin because it is considered a commodity. |
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It is really a big loss for small traders that's why BSC is getting strong. Right now even the EIP 1559 didn't solved the problem rather worsen it. In my country, we have this regulated exchange for crypto where they charge a fix 0.0072 eth for every transaction. Very ridiculous amount for just a transaction fee. Uniswap is even higher in some cases where a 100$ for a single transaction is deducted.
Ethereum 2.0 with its POS will be effective December and hopefully this will keep transaction costs down. The large transaction value makes many projects switch to BSC and I think this is reasonable for the convenience of investors especially with the increasing number of DeFi projects, transaction costs must be low to be profitable |
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The number of tokens listed on coinmarketcap reaches 8000 types and I think the statement that 95% is a scam could be true. Coins that actually have projects that produce only a few products and this can be seen from the daily transaction value and also the marketcap value. The most important thing for investors is to always do research before investing to avoid pump and dump projects
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It's hard to say whales don't manipulate the market, with the large amount of capital they can dictate market prices. But sometimes this is difficult to prove. But if retail investors unite I think whales can be fought, an example that has happened is in GME stocks. Prices continue to soar as small investors band together to fight price manipulation and cause billions of dollars in losses to big companies
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Polkadot and Uniswap are coins with a transaction value of billions of dollars per day and this indicates a lot of investors are investing and trading. With such a daily transaction value, I think both tokens will last as long as they are able to maintain their project performance
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The biggest mistake anyone can do is still holding unto their altcoins when bitcoin touched 60k weeks ago and still holding strong when the fall began weeks ago, imagine someone still holding HEX token when the coin did 40x already? If you are someone like this friend I don't know what your aim is but sorry to say you are doing it wrong. Check yourself cos it's possible you are struggling with greed.
People still hold Bitcoin when the price is at $60k because they think the Bitcoin price will go towards $100k. I think this kind of thinking often happens to everyone, because basically everyone wants to expect bigger profits. But at the moment Bitcoin price is showing strengthening and I think the price of $100k is not impossible |
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Why do you think it will never possible? ETH is the big blockchain still now But you know BSC also very strong platform and we know that how much it’s trustworthy in the market. In BSC huge number of users and also many platforms are migrated from ERC, If it will happen continuously BSC definitely will beat ETH. Most likely we will see something like that in the future.
Agreed, if ETH 2.0 still cannot solve the higher fees soon as it will be available then, probably more and more projects with ETH blockchain (Erc20 token projects and etc.) will migrate to BSC or to other better blockchains due to higher tx fees, and it's proven why projects are mainly migrating to BSC. Besides transaction fees, in my opinion, what makes transactions on the BSC blockchain continue to increase is DeFi. With the BSC network, DeFi is becoming easier and cheaper especially now that DeFi is an alternative for investors who want to get passive income |
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The value of Polkadot transactions continues to increase and this shows that investor interest continues to increase. Everyone has their own perspective on which coin to be next ethereum but I think the coin that offers transaction speed with low fees will be the next ethereum coin
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CBDC could be a new gateway for the fresh money to enter in the crypto. In my opinion, this trend will become popular. Some countries have been announcing to issue their own CBDC in the future. The crypto developers have needed to work with the CBDC bridge to the crypto.
Glad to see that more and more countries are seeing crypto as an opportunity. It seems like this trend gonna be a massive trend. It's just a matter of time. CBDC maybe a threat for stable coin
Like it or not, many countries will develop their digital currency. And I think this is good for development for cryptocurrency but I think there will be a lot of regulation issued by the state. On the positive side, cryptocurrencies will be increasingly in demand by new investors and become digital assets |
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Usually the coins that do not return to the highest price or even the transaction value continues to decrease are coins that have no clear project or may be abandoned by the developer. I think there are a lot of coins like this and just in case, we should choose coins that are in the top 100 coinmarketcap
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Solana prices are currently moving up and I think the ecosystem is growing and growing. Solana is one of my favorite coins and will continue to add to my portfolio at Solana. I think solana's target price of $100 is not too grandiose because of the potential in the future to be able to compete with ethereum or other networks
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It was very good news when there was a Whale who came in to invest in ETH in large quantities and with the updates that ETH has done and a hard fork in London ATH could happen this month because if we look at the candle given today the price of ETH has undergone a correction and may bubble to the next ATH.
More and more whales are buying ethereum and staking, I think it's good for the price of ethereum in the market because the circulating supply in the market is decreasing a lot. Whales certainly see opportunities that we don't see today with ethereum and I think if we follow the whales buying ethereum will be able to make a profit |
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I prefer investing and slow trading, secure staking has too small interest rates for crypto market. The only coin I stake from time to time is BNB - I use Binance Vault for this.
In my opinion, staking is useful for investors who plan to make long-term investments. In addition to holding their coins, they also get high interest from staking. Trading can be a good alternative if you have the ability to do technical analysis |
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I prefer not to trade in crypto. Price fluctuations in crypto tend to be high and I don't have the skills to analyze prices well. I prefer to hold coins for a period of a month or 2 months. Indeed, trading requires psychological calm because emotions sometimes make us greedy which will lead us to losses
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For projects that don't do token sales, I prefer coins that are PoW and open source. Usually a coin like this will be recognized quickly because the community will continue to grow. Currently, there are many projects that do not sell and airdrop to many addresses that have made transactions on certain platforms, but usually the team holds a large portion of tokens so they are prone to being dumped.
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even now ethereum gas is still high to make an ERC20 token transaction it takes 12$-30$
this is the problem for ETH blockchains that has not been resolved until now is the high fee even some projects are pending distribution because the fee is too high
That's true after the anticipated upgrade and implementation of EIP-1559 Ethereum becomes worst, the gas fees even on Ethereum token transfer is now more expensive than before, but besides that problem, Ethereum developers are boosting with pride that the network has continued to burn millions of dollars worth of Eth it seems that they don't care us the ordinary users. I hope more and more projects will bridge Ethereum to other networks such as BSC or Polygon so that the gas problem will be minimized. Currently many are working on bridge ERC20 to other blockchains. I also feel that after upgrading to EIP-1559 transaction fees are still high even above 30gwei with fees for swaps on Uniswap in the range of $50. Maybe the implementation of cheaper costs occurs after December |
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