Ethereum is not going to die but become unpopular in the coming year. Today I made a transaction of an ERC20 token and 4 usd is deduced as a transaction fee. When I will withdraw from the exchange again, 3/4 usd will be deducted. Eventually I will see that more transaction fee will be deducted than what I have. Therefore, it is better not to do small transactions in the ethereum network now. But the bounty hunters have nothing else to do.
I am agree with you that transaction fees on ETH impress lots of us nowadays. Personally I and lots of people prefer using other variants to trade or exchange something, or accumulate the bigger amount in order to withdraw via one transaction instead of several amounts and every time to loose on gas or fees. But looking at the amount of participants in DeFi projects where you need to deal with the ETH I would not say that the Ethereum became less popular))) Even despite high fees.
|
|
|
I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
It is unlikely that Ethereum will die, because lits of projects have been created in past years and nowadays enormous number of projects are still created on the Ethereum blockchain, or have cooperations with the Ethereum platform, the very platform Polkadot for example - lots of projects from the so highly demanded today DeFi direction have a close connection with the Ethereum, among those startups there are lots of created on Polkadot. Nowadays DeFi projects are going more and more popular and developed, so in the nearest future we will not see the sunset of the Ethereum I think.
|
|
|
Interesting news. BlackRock is a substantially powerful organisation known worldwide, nearly 1000 investment funds under its control, nearly 70 offices in 30 countries and an impressive number of clients in mire than 100 countries throughout the world. The fact that they paid a lot of attention to Bitcoin is a good signal in my ooinion. Will it have such a perfect result as their well-known name on the Bitcoin's price we will see in the nearest future))
|
|
|
Can Bitcoin ever be use as other country currency and it will still maintain it decentralized digital currency?
Only in case the country will be with the same name Bitcoin and with the same idea and principle of organization. And it is hard to imagine that some day some country like that would be created with quite another rules of life and quite another laws and so on... It may be in dreams only, at least in the period of our civilization. The key idea of Bitcoin is not to be under control of banking central systems, to be independent and decentralized.
|
|
|
Came to a bank to repay monthly premium for the loan taken providing gold as collateral. I reached the support executive to know the total amount to be paid to get the collateral submitted. The internet connection has got some issue, and I wasn't able to get the required details. By the time it remembered me of the bitcoin into banking where everything is interconnected.
Right now each and everything is connected with internet and technology. The future of banking might happen through blockchain technology and bitcoin in mass adoption. By that time what will happen with the banking process if there happens a termination of internet connectivity for few days time.
n case something like that happens, so, yes it may be a collapse on a global scale. But it must happen something really extraordinary in order to get a situation without connection to the Internet and for some days. It may bring lots of demage for some processes, services or systems that need online Internet connection 24/7, but even in case something could happen it would be for some period of time, and after all people would do their best to cope with the consequences. In my opinion nothing bad would happen to Bitcoin in such case - the Internet would be connected again and everything would be ok.
|
|
|
Majots like btc,eth,ltc rallied. There is many coins moving. Altseason started already or not? https://koinbul.com/I would say that nowadays we see the DeFi projects season, new projects came to the market and lots of them have surpassed and left behind their backs such altcoins old projects that lots of us expected to see on TOP positions. Nowadays we see quite another situation with altcoins - lots of old projects you may forget forever. Nowadays we see the market of new format. And there are lots of new DeFi startups that showed us good results and surprised a lot.
|
|
|
Полькадот. Про проект еще в 18 году узнал от подкаста по названию Базовый Блок, но тогда не понимал всех масштабов а сейчас склонен считать что цена за монетку будет 100 баксов через 2-3 года.
Мне кажется, что если Полька будет развивать свою эко систему с такой скоростью как делает сейчас, то ценник в 100 долларов за монету прийдёт намного быстрее. Я считаю, что это годный проект, к которому стоит присмотреться. По крайней мере на сегодняшний день он себя зарекомендовал и до сих пор показывает с хорошей и достаточно перспективной стороны.
|
|
|
Crypto is ruled soon by sec and goverment its not goodw
Make your cash and get out of crypto Pepple dont like regulated things fuck rules and regulations crypto is freedom if the goverment start fuck woth our bitcoins and crypto then its not good
We stay for using cash
On every situation of regulation there will be always other ways to use cryptocurrency and Bitcoin. And in my opinion different SEC's statements and decisions are not forever, they change all the time - from strict to easing. Their actions are like policy, very flexible and changeable. Nowadays it may be in such a way, and the next year it may be just on the contrary.
|
|
|
What can you say about the current defi hypes? Somehow I can feel that it is the same hype during thr last bull run when ICO really heat up the market. The only difference is we can experienced their platform and able to monetize any features they are offering which include different sector, from lending, gambling, gaming and financial view.
Are you positive abut defi pulling up the market crisis for cryptocurrency?
Personally I have a positive look on DeFi projects in case it is really serious DeFi project - it is an ecosystem, that have serious partners with good reputation, limited amount of participants and whitelist of participants, the pool of liquidity, so it is a good project that is promising, and has a perspective future. Of course DeFi and ICOs have alike sides, but they differ in some way. But in case some project has only the name DeFi and nothing else connected with DeFi, so of course it differs not very much from lots of ICO projects that we all saw in 2017 or 2018 years.
|
|
|
Anyone have the idea for the best Crypto to invest in early 2021 for gaining high profit value
It is not so easy to predict exactly in 2021 or 2020 or whatever year it may be, it is hard sometimes to forsee the high guaranteed profit. But nowadays there are projects on Polkadot that may give good results, projects that are made on Polkadot gave good profit. But the key rule for everyone is to make a deep analysis before investing anywhere. And do not invest the last assets that you have.
|
|
|
In just 11 years of cryptocurrencies existence we've seen a series of shitcoins coming up, making a choice on which coin to hold aside $BTC & $ETH $BET $DOT $ADA & LINK is becoming difficult, how best can I get to know more viable projects like the ones I already have? When will the proliferation of shitcoins in crypto space stop? Who will check mate the proliferation of shitcoins?
It is the eternal question. Such scam projects will exist till the last opportunity to get easy money will disappear. So the answer is - such scams will be always. Where the money are the enormous frauds appear. In all times lots of people existed who prefered to get a lot of profit in the most easiest way, with the minimum efforts. To fight with such people is like to fight windmills. Everything depends on you - on your ability to make deep analysis before investing and your capability to pass by the loud promises to get rapidly tones of money))
|
|
|
Hi there tonight i found out my email was hacked and the password changed. i also watched in real time as the hacker went to my binance and bittrex accounts and changed the passwords and then logged into them. He also hacked into other crypto related websites i deal with. Thank God i had no crypto on either of these exchanges so the thief wasnt able to take anything. i have a feeling this information for them to use against was because of the ledger data leak, i was one the people who's data was breached. So i have a question if they can do all this what if they get on my ledger live. Is my bitcoin safe? i understand that they need the 24 word phrase seed to enter it but all this has left me unsure. I did manage to get an ip address from this guy but i know they can fake that kind of stuff so i dont know. What do you guys think i should do plz help thanks.
Only new and separate gadget for cryptocurrency and for different manipulations with it - trading or withdrawals, It would be better to create new accounts on the exchanges, ctrate new e-mail, and to use Ledger only on new gadget. Preferably do not use new computer for other things except crypto, no strange websites, social accounts and so on. Safety of your assets depends now on your watchfulness and caution.
|
|
|
I guess Paypal will win over pornhub here, there's a lot of countries where pornhub is banned and I think this would have an effect on their average daily sales, not like Paypal that was worldwide adoption and they had tied up different merchants, only business or even offline. I guess that is the biggest factor that helps bitcoin price boost in the market, as this year PayPal adds 21 million new active accounts in strong second quarter in a total of 346 million active users of Paypal, I can't imagine if all that users will support and do trading in Paypal will surely have an effect on the bitcoin price will I guess it will shake the whole market. So Paypal here contributed a lot but we should be thankful also for this adult site that contribute awareness to most adults. I would not make such a sure statement about PayPal's worldwide adoption, and we all know that they has started only, what the result of all these will be will see. And this Bitcoin is not that Bitcoin they use there that we know about. That is why the time will show how it will influence on the Bitcoin's price. There are too many nuances there in this story PayPal-Bitcoin. What about Pornhub service - it is easier to name countries and people who do not know about it than how many people watch those videos and at least heard the name of this website. But something tells me that it also will not have a really great impact on the Bitcoin's price, may be slightly yes somehow, but not substantially.
|
|
|
Bitcoin don't have physical property, so what will we send to moon? Paper wallet, physical Bitcoin, metal carved with private key and short message?
Seed frase I suppose)))) funny post)) But I imagine how it may be even more funny to listen or read in the news about first man who held ledger with Bitcoin in his hand being on the Moon or Marce))) You know there are so many strange people in the World with enormous strange ideas. And sometimes it seems to me that without some strange ideas at first glance we even could not get cryptocurrency one day. Because for lots of people it looked not clear and odd. So everything may happen.
|
|
|
Regarding the recent update of pornhub. That demands users not to re-upload porn and left some users and investors checking which side of the adult sites will be profitable. VISA and Mastercard stopped their contract with porn hub for reasons I don't know much about. But recently Pornhub integrated bitcoin as their payment method. https://ibb.co/fNCL98R and I ask it could be sooner or later until other porn sites or companies take steps like pornhub did. What do you think will happen to cryptocurrency? this can bring a bull run into the market? From one side it shows that crypto is considered like an asset and it can be really massively used there where you can not use Visa or Mastercard, crypto is like a good alternative. Someone may like it or not, but such websites and services will always be alive because they are always demanded. It is a reality. But I doubt that it may influence seriously on the crypto market and Bitcoin's price.
|
|
|
Think more positively and do not regret. You got the more valuable things than profit - experience, new way of thinking and understanding the reality. Personally I lost a lot in 2018 because of the lack of experience, but nowadays I do other steps remember about the experience of 2018. You shouldn't complaint, but just act, because there will be always different situations that will require our money and efforts. It is life. You are still not old and have lots of opportunities in cryptocurrency world.
|
|
|
Lots of people especially among early investors lost their keys or access to their computers and lost lots of Bitcoins, and not Bitcoins only, other coins as well. Mostly it eas because of the lack of such kind of experience and lots of people did not clearly understood the consequences. Lots of people just did not imagine that those coins will cost so much. And nowadays lots of people loose their keys to other wallets with other tokens or coins because they are too sure in their memory. It is better to keep somewhere in protected place the copy of written or printed keys, and not much to tell about it to others.
|
|
|
Please also pass this message to all your near and dear ones. You never know in 10 years time 1 satoshi may be worth 1 dollar.
I'm sorry I'm not going to do that for Bitcoin or any other investment. Perhaps 1 satoshi reaches there but it might be 100 years not 10. I won't tell anyone to buy as anyone that was supposed to known about Bitcoin already does. I am only discussing with people that want to learn and not with losers that have no financial knowledge or understanding. Most people you will see around you are tools of a financial system that creates loan slaves that will have to work the rest of their lives to repay their credit card debt, student loans and anything else they bought without having the means. I tried talking to many people but it was a mistake. 90% of them even the near and dear ones will prefer to gamble these $200 in a casino or a lottery than to invest. Also they look at me in disbelief like I'm trying to sell them some scam so I'm not going to discuss anything again unless I'm asked first. Oh, how deeply I am agrree with you. I tried also to tell about Bitcoin to dear ones and some friends that did not believed me and they just thought that I am inadequately see the world and things in it. They prefer to get only salaries working double on lots of works, some just is afraid to risk, some of them are sure that it is a ponzi scheme and I am a victim of it))) That is why I communicate about Bitcoin and crypto with those who are interested in it or even engaged already, because those people and I am we understand each other and there is no need to proof something to anyone.
|
|
|
|