SEC chairman Gary Gensler hinted the possibility of classifying all PoS cryptocurrencies as a security. ETH would be not be exempt from this, after switching to the PoS consensus algorithm. With centralization issues mounting on the ETH blockchain, I wouldn't be surprised if exchanges (mainly Coinbase and Kraken) would be required to comply with securities laws in order to provide staking services to their customers. This could also affect Vitalik Buterin (ETH's founder), especially when the project held an ICO in its early days. For what I know, all options are on the table. But rest assured that if the SEC takes action against ETH, it'll be the end of a decentralized web as we know it. Maybe ETC will take over if ETH fails? What do you think about this? Will the SEC be able to successfully classify ETH as a security? If not, why? If securities laws are enforced, will that make ETH more centralized? Your input will be greatly appreciated. Thank you very much.  |
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I've read somewhere that ETC's hashrate increased by a large margin after the much-awaited "Merge" on the ETH blockchain. It seems that most miners are moving to ETC instead of the newly-created ETHW fork. The original chain (ETC) has been around the scene for a couple of years now, but the recent migration of miners might encourage developers to build new dApps and tokens on it. If adoption grows like crazy, we might never see ETC in the "double digits". The market is bearish right now, so ETC is having a hard time getting past $40. But in crypto land, anything's possible. If ETC adoption booms, do you think it's possible prices will go all the way to $100? After all, ETC is much scarcer than ETH (only 210m ETC will exist). Your input will be greatly appreciated. Thank you. |
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I don't get why people are so hyped about ETH's switch to PoS (The Merge) when we already had other PoS blockchains in the first place (eg: Cardano, BNB). Competing chains often add new features before ETH does. Even Zilliqa adopted "Sharding" (which is a scaling technique), before ETH did. Yet, ZIL's price is nothing compared to ETH. If ETH is always one step behind, then why it's extremely valuable? Doesn't that make ETH overpriced? I'd say the same about Bitcoin, but no other crypto outmatches its level of decentralization and censorship-resistance. What are your thoughts?  |
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One night I was wrapping my head over the mystery of satoshi, the identity and how powerful the name has become. That creature is a wonderful being, I don't know if it is a group of peopl, an individual or we can even call it a spirit. He was so powerful and disciplined I must confess. It is not easy to be completely anonymous in this social media era. Satoshi tried his best to erase any trace of their identity. I was wondering even when he was building the project bitcoin, he should have mentioned it to his guys, how come all the guys kept it confidential.
Tallking about OP, Satoshi's disappearance is an advantage to bitcoin, assuming the guy is still actively involved in bitcoin with an unhidden identity, let's say he eventually dies, what would have being the fate of bitcoin? I guess too many forking right? Again, bitcoin decision making would be impeded because so many people making decisions of about bitcoin will have to wait and see Satoshi's decision in the situation before they make. Satoshi's disappearances is one of the perfect things that happened to bitcoin.
Kudos to the hero.
Satoshi was a very clever person. If he didn't hide his identity, governments would've been behind his tail in order to shut down the Bitcoin project or at least prevent it from happening. You can see why other projects had issues with the government, just because their developers' identities were public. Tornado.Cash is one good example of this. Most projects nowadays disclose developers' identities to help attract institutional investors into them. But they're ultimately sacrificing censorship-resistance, which is the pinnacle of crypto/Blockchain tech. I guess that's why Bitcoin is still the #1 cryptocurrency in the world (even though it's slow and expensive at times). No one knows the whereabouts of Satoshi, especially when he vanished in 2011. At least, the community has taken the role of Satoshi by contributing towards the development of the Bitcoin network. As long as decentralization is prioritized, we should have nothing to worry about. Just my opinion |
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From $200 to $100 to $40 and now playing at $30-35.
It's always like this whenever a popular project is dumped, we want to buy it cheap and expect it to rise again. The only problem is, that it's not Bitcoin.
When it comes to altcoins the risk included is higher even at waiting for a year or two.
It's still crypto winter so yes there's a chance but don't expect too much and also in a faster method. The fruits might bear at longer periods.
If you have time, go look for something else.
SOL dumped real hard because of the bear market and constant network outages. Unless developers come with something new and fresh, I don't think SOL's going anywhere soon. Whales could pump the price, though. But without mainstream demand for SOL, the gains will only be short-lived. Personally, I don't think Solana is a good investment in 2022. There are far better options that are much more reliable with decentralization in mind. Instead of picking Solana, I'd advise anyone to invest into both Cardano and Polygon (MATIC) for the long term. These are rock-solid projects with a proven track record of development and innovation. They never had an outage (as far as I know), so they're as reliable as you can think of. No one can predict crypto market prices, so it's up to you to play it safe by diversifying your investment into prominent cryptocurrency projects that are built to last. Just my thoughts  |
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But how is Ethereum able to remain decentralized when it is fully moved to the Pos network? I like the idea that ethereum might move to POS , as this could be a first step towards expanding further and reducing gas fees when other updates are rolled out in the near future. But what I'm still a bit worried about is that it will become more centralized than the decentralized network it used to be. What are the ethereum developers planning in this regard?
Ethereum sacrificed its decentralization in favor of high transaction throughput and cost-efficiency. While the PoS upgrade did nothing regarding the scalability of the Blockchain, it has made the network 99.9% energy efficient. Subsequent upgrades will address the network's scaling issues, putting high gas fees and slow TX confirmation times to rest. With big exchanges controlling most of ETH's supply, the future of the project doesn't seem as bright as we thought it would be. There will be high levels of centralization, effectively making ETH another banking system empowered by the wealthy. Most recently, the SEC began discussing the possibility of treating PoS cryptocurrencies as securities. If that happens, then ETH would be nothing but doomed. At least, it was fun while it lasted. I don't think forks will be any successful (except ETC) simply because they have no substance to them. Who knows what the future holds for the Ethereum ecosystem? Just my opinion |
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Many people say that the economic recession that is happening today is the effect of the Russian vs Ukraine War, war is indeed a serious problem for the economy, there will be many problems, especially supply from war, Russia has large oil and gas reserves and most consumers are European countries so that when there is a war, Russia has more power.
Many countries are disappointed with Russia's invasion of Ukraine. It has not only destroyed lives, but also the global economy. Unless Russia backtracks or comes with a peace deal with Ukraine, we won't be seeing any progress on the economy whatsoever. Sanctions did nothing but make Russia more powerful, weakening the economy of both the US and EU (especially the EU). Unless world countries isolate Russia from everything, things will only get worse. I hope we get to see the light at the end of the tunnel soon. Otherwise, there would be a dark future ahead of us. No one knows how this conflict will end, so we can only hope for the best. Just my thoughts |
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According to me, Solana, Ethereum, and Cardano are three coins whose prices are well known to climb. Those who have committed in these two will make more, while those who haven't should prefer these three coins. First and foremost, their funds will be diversified, and they will also make a sizable profit since these three are optimistic about the future.
I would take Solana off the list, simply because developers have been reluctant to fix network outages. Unless they care about the stability/reliability of the SOL blockchain, I don't see prices going anywhere soon. Both Cardano and Ethereum are better choices, even though they have higher fees and slower transaction processing times. These projects are rock-solid with decentralization and censorship-resistance in mind. They're bound to explode in price sometime in the future because of ever-growing mainstream adoption. Ultimately, crypto investing is all about diversification. As long as you don't put all of your eggs in one basket, you'll have nothing to worry about. Just my opinion |
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Yes, since the merge is complete already and there is no increased at least to $2k, so I guess the predictions are very wrong. But you can't blame those speculators as this is really a big news for Ethereum and it's investors.
Maybe it was just the timing, and then we have the CPI that really took a big toll on the market recently that stop our momentum. If there is no negative news, I think that Ethereum can easily top $2k because of this news. So what we hope is that this merge or improvement will really have a big effect price wise in the long run.
The Merge was rolled out successfully on the ETH blockchain, yet the coin's price has been unaffected. I guess that's because the market is still bearish. With only a few months away before 2022 ends, I don't think ETH will reach $2.1k anytime soon. Fret not, since ETH's PoS upgrade (The Merge) has made it a completely deflationary cryptocurrency. This means that at some point in time, ETH will become extremely valuable just like Bitcoin. We just need to give it some time to mature for it to explode like crazy. Instead of complaining of ETH's low prices, we should take this opportunity to grow our stack of coins to sell them once the bull market makes a comeback. Ultimately, ETH is all about utility (not the price). As long as it works as intended, nothing else matters. Just my thoughts |
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Payment processed.
Got it. Thanks, guys!  |
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Thinking heavily if you are late or not, will only waste you more time so why not start as soon as possible? There is still more to come for bitcoin so don't worry. For now, you can sell once the price rise and then you can buy when the price falls again. There are times when the price can dump a lot so don't just all in every time you buy. Who knows? You and others might get lucky and see those golden moments again.
There are still lots of people who are not yet involved in btc and once they discovered bitcoin, they will also think the way you think. See? You are still blessed that you discovered bitcoin earlier than them so be grateful for that.
Bitcoin still hasn't been accepted as legal tender by most of the world's countries, so I'd say newcomers are still early to join the party. Once a vast number of people worldwide begin using Bitcoin as an alternative to Fiat, then BTC's value would skyrocket like crazy. Experts have predicted a price of $1m per coin, so there's a long road ahead for us to build our wealth before this happens. The pioneer cryptocurrency is in "bearish" mode, so why not go ahead and buy some coins at a cheap price? There's more to Bitcoin than meets the eye. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion |
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Humans have had a fascination with gold since ancient times till today. But if referring to financial investment I would recognize Bitcoin ahead form this aspect. Because Bitcoin is acting as the Digital gold of today's people. The return on investment here can be very high. In the meantime, this information can be found very easily by it's history. One Bitcoin was valued at $70,000 which defies imagination. Moreover, since Bitcoin is a digital asset, it can very easy to be kept to oneself.
Bitcoin is often better to grow your wealth in the long term, especially because of its ups and downs in price. That volatility could rise the cryptocurrency's price all the way to the moon for a short period of time. If you're lucky, you can sell your BTC when it's at its highest point to secure as much profits as possible. You can't expect much from Gold, since its value rarely changes over time. It's relatively stable, so it's only good for preserving your purchasing power (not expanding it). Each asset/commodity has its own advantages/disadvantages, so you decide how are you going to use them for your own benefit. Remember to invest wisely and there should be nothing stopping you from achieving your financial goals. Just my thoughts |
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Polygon (MATIC) is one of my favorite altcoins. I think the road to $20 will be a long hard one though. Mostly because the amount of big investors that are up massive amounts on their investment and will no doubt sell on the way up to cash profits. Not to mention the various staking schemes that are dumping tons of fresh coins on the market as these same investors look to profit while holding onto their original coins. I suspect it will be difficult to break the $5 barrier, but more importantly I think it will enable a lot of low cost transactions to help speed up adoption in the metaverse.
MATIC is so undervalued, especially when it has the same level of security/reliability as Ethereum (it's sort of like a sidechain). Not like Solana which is full of bugs and highly unstable. Yet, the SOL token is trading well above $30 per coin. I don't get why Polygon (MATIC) can't reach higher market prices, when it has all of the tools to make "De-Fi" a better place. The Polygon chain is directly compatible with ETH smart contracts, meaning it's easier for developers to port dApps from ETH to MATIC. Polygon is just like Ethereum but with greater transaction capacity and lower gas fees. I'd say the sky is the limit to how high MATIC can go in terms of market price. The market is bearish right now so the prediction of $20 per coin looks unrealistic. But if adoption for MATIC continues to grow, it might get there someday. No one knows what will happen in the future, so we can only hope for the best.  |
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It's true yet I don't think that it's possible. I mean, Yes, Bitcoin is much greater and better than Gold or Fiat however I doubt that the people will try to abandon those two even if they are provided with correct information. People would rather choose convenience which is why fiat is the most favourable choice as it can be used to any kind of transaction.
Also, Unfortunately, Not only is the government against bitcoin but rather some professionals, celebrity, and various people who still thinks that crypto is a bubble even though that reliable information could be found throughout the internet.
Convenience always goes on top of security/decentralization. After all, people want to get things done as quickly and easily as possible. It's this reason why Fiat currencies won't be going anywhere soon. On the other hand, Gold is a well-known precious metal that's been used for centuries to build and preserve wealth. People trust Gold more than they would trust Bitcoin. While Gold is much more stable in price than Bitcoin, it doesn't give you the ability to make huge returns out of it. Your wealth is relatively static in Gold, with little to no chances for profit. With Bitcoin, you can multiply your purchasing power if you know how to deal with volatile market prices. Despite its limitations, Bitcoin is still a better choice than Gold or Fiat because it's censorship-resistant. That means that you and only you control access to your funds. I hope people would get to learn more about Bitcoin to witness its full potential. Considering that Bitcoin has come a long way since its inception, it's unlikely it'll disappear anytime soon. Just my opinion |
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I think a lot of people believe in ethereum. Market forces seems to favour ethereum. Though the market is bearish right now,I think ethereum will pick quick pace once the market go high.
The global economy is having a hard time getting back on its feet, so it's highly unlikely ETH or any other cryptocurrency will reach higher market prices during the remainder of 2022. Not even "The Merge" will help ETH go all the way to $4k within the short term. We should take this opportunity to accumulate as much ETH as possible before the market turns bullish again. As long as you don't go crazy putting their life savings into ETH, there should be nothing to worry about. Just my thoughts |
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Terra Classic may be pumping, but that doesn't mean it's well worth the investment. I wouldn't say it "recovered" since it's way behind its ATH of over $100 per coin. It hasn't even reached $0.01 yet. Everything's pure speculation, so I'd proceed with caution just to be safe. Instead of focusing on Terra or Terra Classic, why don't we focus on Ethereum instead? The world's second-largest cryptocurrency by market cap has a better chance of going all the way to the moon than LUNC itself. I don't get why there are still people following Terra, when it crashed in an instant. There were millions of dollars in losses, which terribly damaged the project's reputation. But who knows? In this strange and bizarre world of crypto, anything can happen. If DOGE went from being worth less than $0.01 to almost $1, then it's likely LUNC will pump massively in price for a short period of time. As long as you play it safe by not putting all of your eggs in one basket, you'll have nothing to worry about. Just my thoughts |
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XRP is a very centralized blockchain which is worst than bank. It’s being sue by the SEC so I don’t see the point on investing on this project right now while its future is still uncertain. Blockchain project like Ethereum that promotes complete decentralized ecosystem is the most worth-it investment in crypto because we are all here because we want innovation while XRP is the complete opposite of what decentralized.
I don’t have any info about ICP but it was being target before by pump and dump scheme so I will definitely stay away from it same from the dog scam in crypto.
That's certainly true, mate. But XRP is still a better choice than Solana. It never had a network outage (as far as I'm concerned), making it a better choice for day-to-day payments. The problem XRP has is that most of the tokens on the network are controlled by Ripple, Inc (the company). That could either crash XRP's price all the way down the drain or pump it massively at will. I guess that's why the SEC is behind Ripple's "tail". The only way it could free itself from the SEC is if it sells the tokens on the market. Leaving everything in the hands of the community would make XRP truly decentralized. Despite the drawbacks, XRP is much faster and cheaper to use than both Bitcoin and Ethereum. If the rumors are true, XRP could become the platform for government-issued digital currencies (CBDCs). This could mean a substantial increase in XRP's price over the long term. The crypto market is all about risks, so as long as you don't invest more than what you can't afford to lose, you'll have nothing to worry about. Just my opinion |
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At $30-35, it's not a bad price to start a long-term investment. Although there are a lot of contradictory opinions about Solana lately, this asset is still one of the top 10 cryptocurrencies by capitalization. If you are willing to wait 2-3 years and not touch SOL in your portfolio, you could give it a try. Next bullrun Solana may try to update its ATH and finally launch a full-fledged network, not a beta version, which is still filled with a bunch of bugs.
Solana has attracted a lot of NFTs and projects into its platform, but it's still vulnerable to network outages. I guess investors are hopeful developers will fix the problem, as they haven't crashed SOL's price just yet. We're going to have to see whenever the Solana blockchain will improve over time or remain as is. If developers remain "sitting ducks", then SOL would have a hard time reaching a new All-time-high in price. I can imagine SOL soaring past $200 per coin if the network stabilizes for good. No one knows what will happen in the future, so we can only hope for the best. Just my thoughts |
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From $100 last month down to $30. Poloniex volume is over half a million dollars already which is good enough to hype a fork. It is early to judge the price and it's only IOU, there is always the chance for it to bounce back and increase if it can gather enough support. But if we base its today's price, Ethereum Classic is at $37.
Which coin is more reasonable to mine now using today's price? Mining ETHW has slight edge?
I don't think mining ETHW would be better than mining ETC, since the former has minimal support from the miners. The vast majority of miners are "sticking" with ETC, so it's likely the new fork will die faster than you could imagine. It's only good for cashing out quickly after the launch of the mainnet. But for serious use, it's best to look elsewhere. Everything's about money these days, so I wouldn't be surprised if other forks emerge with the purpose of enriching developers themselves. What ultimately matters is decentralization. As long as ETH remains decentralized, there should be nothing to worry about. Just my thoughts |
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I am very interested to see what happens with ETH short term. The merge is this week, I honestly can’t predict what’s going to happen, which way it’s going to go.
Many people are suggesting we will see a relief rally if everything with the merge goes to plan. This could push the price to the OP suggested $2,100.
Will be interesting.
The market turned bearish today after US inflation rates didn't decline as expected, so I doubt ETH will reach $2.1k by the time "The Merge" is completed. We can't expect market prices to turn bullish for a prolonged period of time unless the global economy shows signs of recovery. I don't get why there's so much hype surrounding ETH's PoS upgrade, when other chains adopted PoS before ETH. These are uncertain times we're living into, so we should expect the unexpected. Either prices rise or go all the way down the drain. It's always important to diversify your investment into more than one cryptocurrency to minimize risks of loss as much as possible. As long as you don't invest more than what you can't afford to lose, there should be nothing to worry about. Just my opinion |
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