So after July there will be no more ETH mining
That's not real, maybe OP get the wrong idea about the fee machanism of EIP1559. In fact, they'll get ethereum as a reward if any users use the "Miner Tip" option to do any transection faster than others and only "Base Fee" will be burned forever. Not only this, miners will get the block reward as for mining which means , it's not over yet.
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I am very happy with the development of the Ethereum project but I hate Ethereum because the gas consumption fee is quite high
None of us happy with this current gas fee situation and it's just temporary problem which will be solved within the next hardfork, IMHO. Till than we need to wait if we don't want to pay high gas fee for any transections or trade. Also, i'm not totally sure about this, but uniswap devs might implement layer2 solution for lower fees in the upcoming version which might be released soon.
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There has been a lot of hype around this coin (Safepal) and I think it is a solid project. I think it can go to 5$ comparing it to several coins.
It might hit more than that as community is so much hyped up because of the current event WHO - Wallet Holder Offering and probably, it's just the begining of a bullish rally on SFP. BTW, some crazy hodlers think that it might hit $20 in the long run or upcoming alt season as it's backed by binance which is great thing for those hodlers. Now, it's just about the perfect time to get SFP into those desired price range.
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Do you think there will ever be a time when Ethereum will stop following Bitcoin? The time Ethereum goes up in value is because Bitcoin goes up in value. In the future, will people look for Ether first before Bitcoin? Or will it always be Bitcoin's sidekick What do you guys think? Better to request all exchanges to remove ETH from "BTC" pair so that eth won't follow bitcoin anymore whenever bitcoin takes a huge pump/dump as ethereum along with other altcoins price are adjusted according to the price movement of bitcoin. Though it's quite impossible as btc pair is well famous and it's been the first priority for any projects to list on that.
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I agree, I think Alt season still hasn't started yet. I don't know when Altcoin bull will happen, April? Mei? or the end of Desember? it may take a little longer I guess. I think the bull market will occur during 2021. If we look at the market Bitcoin still hasn't given a chance for Alt season.
Massive type of Alt season isn't started yet as all top altcoins isn't pump that much which is expected by the community for those individual coins/tokens. But we can say that mini alt season is already on the moves as some alts already performed more than 4x from the lowest price of recent bear market. BTW, maybe 2020 will be the year of alt season and bitcoin's dominance might decrease within this year, IMO.
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As long as ETH gas fees is still high no retail investor will use it and it will make eth over price, especially there will be Flare network wich will launch in the end of q2, the competition for this niche will be hard. Ada, flare, bnb, fot is the good and safe network.
Upcoming hardfork of EIP 1559 will change this current gas fee situation as it'll incrase the block size and a base fee which will be burned forever from ethereum network along with "Miner tip" option which will be used by those who want to pay higher fees to make fast transections. Hopefully, all other networks will do other new development along with lower transection fee to make a race with ethereum as current problem of high gas fee isn't permanent. As a result, ethereum isn't overpriced yet, IMHO.
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Of course the top altcoins are still good investments but I don't know if the market will go bullish again this year after they already reached the all time high.. but still the top altcoins are good for long term investments. They can increase more especially Cardano, Polkadot and Binance coin.
As far, only some of those top alts are increased in this current mini bull market and hopefully all of those potential alts will be pumped and make a new ATH soon. BTW, recent pump on ADA aka Cardano was done because of hardfork/network upgrade which was a major event. TBH, don't feel like it'll be good for long term as of now. Also, anything can be possible if team try their best for the development. On the other hand, DOT and BNB is on another level and taking advantage of current situation. Hopefully, both DOT and BNB will continue their hype after the upcoming hardfork of ethereum.
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What is the best way to get the best gas fees when moving Eth tokens?
If value of those ethereum based tokens are less than $30, than it's better to hodl those until next hardwork of ethereum which might solve this current gas fee issue. BTW, i personally observed that gas price actually became lower when it's midnight according to UTC+0 timezone as i made some transections in that time which cost me less than $20 per transections. So, OP might try to check the gwei price in that time to make any transections.
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But what if bitcoin hits $100k? we will know if those wallets won't move a single bitcoin and will keep on holding it.
I think, real hodlers won't even care of $100k as they know the potential of bitcoin. If bitcoin hits 100k, all those wallet will be on more than 27x within 3 years. Than, everyone can imagine where it'll go in the next 5 years, even there is a major possibility of a bear market. But at the end, bitcoin's movement will uptrend as it's never disappointed any hodlers ,even anyone buy it at the top pick on any bull run.
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This kind of attacks are pretty common during the bull ran. In 2017, both Myether wallet and Etherdelta decentralized exchange that we so popular back then suffered DNS hijacks that lead to loss of hundreds of USD worth of ERC20 tokens and Ether
People have to be very alert all the time when using such platforms. You can never know when hackers attack.
TBH, every hackers/scammers become active and try everything to scam others whenever bull is going on. But in this time, this news of dns attacks on pancakeswap/cream was spread on every media like telegram groups/channels and social platforms which made everyone aware of this situation. Honestly, everyone is now well aware of this type of things whoever in this crypto industry from the previous bull run, except of those newbies who don't know about this type of thing. But it's true that we never know when hackers will attack as bull season is going on.
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"Bitcoin Discussion" isn't the right board to post this. So my questions is: Do you think that youtube , cardano , ripple labs . or exchanges should put more permanent warnings to their sites , wallets etc?
Basically, those type of giveways are live telecast on those channels who were recently got hacked and hacker changed everything of that channel and started a livestream toscam newbies who always get into fomo that they would get double reward within few hours, even think that those scripted transections are real. BTW, Elon Musk won't give 2x of intital investment instantly and we need to control our emotions as project can't do anything. Also, youtube can shutdown those livestream from those hacked channel as soon as they get to know about it. So, we need to aware of it. Also another questions is: If a person can beyond reasonable doubt prove that from his address the crypto have sinked to an adress should a crypto network has the ability to freeze it?
If hacker makes transection of those stolen funds into any exchange, than exchange can take action to freeze those funds.
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10 years later.. Anything lower than 10,000,000 I buy buy buy...
Maybe, everyone will say, "Anything lower than 100,000,000 I only buy buy buy.... Sounds like crazy prediction, but bitcoin might make it and than others will make a post like us in future. Over the time, bitcoin is sure to go through bullish and bearish market, but it's price always will be moved upward from its starting point.
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Defi projects on binance smart chain were creating too much hype and everyone was thinking as BSC could replace the ethereum blockchain. Now everyone must understand that even though eth take too much fee, but it is more safe.
Everyone should relaize by now that Uniswap is much better than pancakeswap .
I agree about ethereum/uniswap, but DNS hijack didn't mean to be an hacking on BSC smart contract or not even related to the blockchain as it's only related to website/domain which is hijacked and redirect any users into the hacker website.So, it totally depend on the company which provides the domain and hosting service as well as website's security. BTW, it's 100% right that BSC hype won't long last and ethereum will back to its previous position based on transection fees.
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As of now, pancakeswap is under DNS attack and panic hodlers are selling off thier tokens and it's dumping. From my point of view, it's the best time to buy CAKE in the dip as it's backed by binance and CZ will do anything for BINANCE and it's backed project. But DYOR before taking any steps and invest only those amounts which is affordable to lose.
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The high fees is always irritating and what i do when i want to withdraw bitcoin i always use low fees and i have the patience to wait until it gets confirms and when i need to move around i usually convert them to Doge or Ripple.
That's the best way to withdraw crypto without giving high fee. BTW, i also use dogecoin, ripple along with litecoin, trx etc based on which exchanges have any of those coins. Nowadays, busd becomes popular as i binance increased the withdrawal fee of USDT (trc20). Everyone is waiting for the ETH 2.0 upgrade and it is over a year we are hearing that we will see an upgrade that reduces the transaction charges for a long time and till now we have not seen any changes and other coins are luring the developers to use their chain.
Upcoming hardfork of ethereum will change everything as EIP 1559 will solve the current gas fee problem and CZ might need to do promotional things as current hype of BSC won't long last.
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I am not that sure that we wil get bear market so soon. If we take a look at the last cycle , ETH was at ATH after BTC had peaked and other coins started to run as well after the BTC run was done, so I think we have few months of altcoin cycle before we head into bear market.
It's not like that alt season will start when bitcoin stops it bull run, but it's totally depend on the dominance of Bitcoin. Basically, alt season might happen in the upcoming days if bitcoin dominance get under the 200 MA indicator which will be a good sign of massive alt season. So, it can be happen with the current bullish rally of bitcoin if users started to shifted their profits from bitcoin to altcoins, IMO. Maybe bear market will start at the end of this year, whoever knows.
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nothing is safe in the world of investment especially in crypto, there must be a risk, it's just that we can minimize this risk by choosing which altcoins to invest in, and I think BNB is a coin that is safe enough to invest in, because BNB has become a competitor The main thing about ETH, of course, is due to BNB gas fees which are much lower than eth
Crypto market is more volatile and it'll be risky if we can't adjust ourselves with the market and unable to control our emotions. TBH, BNB is doing great perfermonce because of the current hype of BSC and it won't last long in the longer period as Ethereum developers are doing their best to solve the current situation of transection fee which might be solved within this year. That's why CZ needs to come up with new type of promotional things just like what he did back in 2019 or 2020. But BNB becomes just like BTC or ETH which will give profit over the time, even anyone buy in the top and just need to hodl, IMO.
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5.market capitalization and founders holding And the total team members allocation. This should be considered. But you didn't suggest how many percentage of hodling is good for the founders to be a guide to investors. I think exchange can make up for number 7. It is a serious business to list a coin in reputable exchange. That creates fast volume for the project. It's better for any project if founders or team hodl the lowest allocation than other allocations. Also, we need to keep uptodate with the vesting period of team/founders tokens as many projects which was entered into crypto industry back in 2017/18, are going to unlock the team or founder toknens. So we must be aware of those projects as bull market is going on and none knows when will those tokens will be liquidated into this current bull market by the team or founders. Also, reputable exchanges are good for any altcoins and we need to be aware of fake volumes or bot trading as many exchanges use bot trading to keep in the top list as most of the exchanges are listed on top postion according to trading volumes.
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~
Thanks for that handy bit of information. I didn't realize this was happening, have actually stopped following all the updates as it's quite impossible to follow everything now. I don't really see how this can reduce fee problem though? Tipping is still going to happen, right? It's my pleasure to spread the updates and happy to be the hardest hodler of Ethereum. Tipping will be available, Here is some short list of the upcoming upgrades on EIP 1559: (1) current block limit is 12.5 M and after the hardfork, block size will be 25M which means double of the current block size (2) There will be two type of fees - one is Base Fee which will be same for everyone and those fees will be burned forever and miner won't get that. Second is Miner Tip which will be paid miners by those people who want to tip and make faster transections. (3) Base/standard fee will be same for everyone and it'll fluctuate according to the "Miner Tip". For example, current base fee is $1 and current block completes a transection with using the 40% capasity of the current block size which is less than 50% of total block size, than base fee on the next block will be decreased into 12.5% and will be $0.875. On the other hand, it'll increase the base fee 12.5% on the next block if current block is finished any transection with more than 50% capacity size of the total block size. BTW, capasity will be depend on those who want to pay "Miner tip" as there won't be more than 50% capasity if there aren't any users who want to pay that "Miner Tip". I hope , it'll clear the confussion about EIP 1559. Again happy to share with you as none ask for it.
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Fud is everywhere when you try to do something against it and it has lost its generosity because you missed your trip. I think there's no other reason to talk about your nonsense. Bitcoin is making great again, $ 60k is still creating cravings, and $ 100k will be the perfect destination. Kk Bitcoin is doing great and this is confirmed by today's new ATH above $60k. That the $100k level will be reached is certain and it is only a matter of time. I think we should think about lower resistance levels for now ($70k, $80k ..) but nobody will stop us from dreaming about $200k .. No doubt, bitcoin will hit $100k milestone sooner or later. But there will be major correction like this as bull run isn't mean to be pumped without any correction. Like @longyenthanh said, we should focus on the $70k or $74k resistance zone. If we compare this current correction with the previous one of January 2021, than we might see a 40-41% pump in the upcoming days/weeks/months from $60k price level. So, it looks like $74k might be the next target and we might get major correction again after hitting that milestone and than aim for $100k.
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