ethereum overbought, overvalued, peoples obsession and why waves is far better

[KingScorpio]

i just had to transact 2.05 waves from yobit to waves decentralised exchange,

de facto: from exchange plattform A to B,

i had to pay a fee of 0.002 waves which is 0.028 USD

the transaction between two exchange plattforms happened instantly, like less then 5 sec

now with ethereum this would have taken at least 3 hours, and the fee would have been

3.48 USD thats 12429% more so ethereums fees is more than 124 times that of waves and the speed is horrible,

why are people still so obsessed with ethereum, and hold it?

you should take this new reality serious and hold waves instead of ethereum, if you want to get long term profits,

leave ethereum for waves before you will be overrun by a new reality, and end up with worthless ether


regards

[George_de_la_jungla]

im with you, im leasing waves. All operations are instantly. With smart contracts, waves explode.... faith..

[KingScorpio]

im with you, im leasing waves. All operations are instantly. With smart contracts, waves explode.... faith..

jes the market information inefficiency is amazingly crasy and this makes waves currently a huge opportunity, switching from ethereum to waves, for better tech and higher efficiency is there fore a smart thing to do currently,

the competition between exchange plattforms will lead to a more cold evaulation system, where gas isnt as overvalued as currently, and were the vast waste of ressources like with bitcoin wont be rewarded that strongly anymore.

with the electricity wasted on bitcoin we could have produced a ton of real consumer products.

regards

[949miner]

Nice attempt to try to hype waves, but you are right, waves is much more better, only that they do not have smart contracts in there, and there are some ico's who are trying to create their tokens in there.

But most of those projects are a failure, because those tokens are shit, they can not even create a smart contract in there.

But anyone knows why ethereum fees are so high at the moment? It is pretty annoying, seriously.

$2 for a fee of ethereum, that is crap.

3.48 USD thats 12429% more so ethereums fees is more than 124 times that of waves and the speed is horrible,
why are people still so obsessed with ethereum, and hold it?

[Anti-Cen]

I sent ETH the other day and it was showing up in just a few seconds but it's based on block-chain
and i don't like that with the current data structure because it does not scale and it's contracts
(Little apps) seems like a bean counter to me and will count beans, put them in a block-chain
and charge lots of "Gas" but is not much use for anything else.

No not the best fan of ETH but something is going to be using ETH as a start before it gets going
and that's going to be massive but i think it will take two years to get going, not a fly by night
like what we are seeing now.

So tell me more about Waves and is it faster that IOTA that can do 100 TPS which is
still well, well slow in my book

[KingScorpio]

Nice attempt to try to hype waves, but you are right, waves is much more better, only that they do not have smart contracts in there, and there are some ico's who are trying to create their tokens in there.

But most of those projects are a failure, because those tokens are shit, they can not even create a smart contract in there.

But anyone knows why ethereum fees are so high at the moment? It is pretty annoying, seriously.

$2 for a fee of ethereum, that is crap.

3.48 USD thats 12429% more so ethereums fees is more than 124 times that of waves and the speed is horrible,
why are people still so obsessed with ethereum, and hold it?

i am not hyping waves i am trying to get the stupid market to finally update its information efficiency,

smart contracts are in my oppinion not significant, you can make also a contract the old fashioned way get it signed by each party and then store it as a pdf,

has same legal meaning, i think you are overhyping this, plus i think smart contracts can easily be implemented anywhere and there will be plattforms specialised on it,

it still will not secure the value of a smart contract, paper contracts are fine too.

just because you IT freaks arent capable to work with them...

regards

[Anti-Cen]

$2 for a fee of ethereum, that is crap.

Crap, crap you say because i can mention the name of a coin that's costing $45 per transaction today
and i think you know which one i am talking about.

Not sure how you can piggyback a currency if it does not allow contracts and i am after something were
you can deploy full blown applications and not just bean counter so where should I be looking and if
you think that's asking too much then you have no concept of what is around the corner (2 years at guess)
because it blew me away but i cannot buy in, sold out already  

[Haladay]

For the fee complaint, you're right. I can't oppose you here for the fees. But remember it was possible to send ethereum tokens and ethereum to another person by spending only $0.02. Cryptokitty thing ruined this somehow. I don't know why. Then waves platform is not that amazing because there is no smart contracts in waves.

[Anti-Cen]

smart contracts are in my oppinion not significant, you can make also a contract the old fashioned way get it signed by each party and then store it as a pdf,

oh dear, it's clear that you are out your depth and don't know what your talking about and yes I know that's upset you but send me
some love 'en' kisses and I will let you in before you make yourself look a bigger fool

[KingScorpio]

$2 for a fee of ethereum, that is crap.

Crap, crap you say because i can mention the name of a coin that's costing $45 per transaction today
and i think you know which one i am talking about.

Not sure how you can piggyback a currency if it does not allow contracts and i am after something were
you can deploy full blown applications and not just bean counter so where should I be looking and if
you think that's asking too much then you have no concept of what is around the corner (2 years at guess)
because it blew me away but i cannot buy in, sold out already  

everthing can be contracted you IT freak, just write it down on paper, a digital contract, can also be not fullfilled as one on paper...

[KingScorpio]

smart contracts are in my oppinion not significant, you can make also a contract the old fashioned way get it signed by each party and then store it as a pdf,

oh dear, it's clear that you are out your depth and don't know what your talking about and yes I know that's upset you but send me
some love 'en' kisses and I will let you in before you make yourself look a bigger fool

what is so valuable about "smart contracts" are they another stupidity, like "open source corporation" of eos?

why does a contract has to be vaulted in a blockchain it can also be certified put into pdf and set online into some form of vault, dont understand your obsession with it.

[Anti-Cen]

everthing can be contracted you IT freak, just write it down on paper, a digital contract, can also be not fullfilled as one on paper...

Yes DNS serves, File system, anything and you just write it down on paper and post it too the accounts department

Keep going but without love en kisses I will continue to let you make a fool of yourself and you will even laugh
at yourself when you "Get it" so come on, pucker up them lips

[KingScorpio]

everthing can be contracted you IT freak, just write it down on paper, a digital contract, can also be not fullfilled as one on paper...

Yes DNS serves, File system, anything and you just write it down on paper and post it too the accounts department

Keep going but without love en kisses I will continue to let you make a fool of yourself and you will even laugh
at yourself when you "Get it" so come on, pucker up them lips

i currently dont see any use in "smart" contracts and dont understand why you call them "smart"

if 2 anonymous party do a smart contract without a "central" legal authority,

at any point of time one of the anymous parties can drop and not fullfil this contract,

for me this sounds like a nother blockchain stupidity like "open source corporation of eos"

as if its so easy to find people to work for a company while everyone is watching what they do...

[dincer125]

I think the transaction fees are related to the traffic on the exchange. there so many etherium based contracts so I can understand the higher fees but it is not even safe any more I think because of the kitties and hackers. what is name of the waves based exchange?

[KingScorpio]

I think the transaction fees are related to the traffic on the exchange. there so many etherium based contracts so I can understand the higher fees but it is not even safe any more I think because of the kitties and hackers. what is name of the waves based exchange?

waves decentralised exchange,

ethereum not safe anymore?

wow thats new to me

regards

[Anti-Cen]

for me this sounds like a nother blockchain stupidity like "open source corporation of eos

oy, don't tar me with the "Block-Chain" madness because i keep saying it's BS and won't scale
because i know how to program and we have this thing called "hierarchical" and that does not
make it centralized and therefore under the control of the government or big brother.

Transactions per second
BTC=7
ETH=15
IOTA =100 (Not block-chain but still too slow)
VISA=25,000

No sir, don't you go mixing me up with them or any of the PoW academic BS they are pedaling

"Waves uses trusted gateways to issue blockchain tokens"

oh look, move in right direction, coordinators, nothing wrong with that and " proof-of-stake "
because nothing, but nothing can be worse that PoW but BTC was fast when it only had 10gb of
data on test-coin but it does not scale when volume or size get bigger, it's not hard to see.

[2dorgit]

Now dont get me wrong, I love ethereum for it's core technology and has been using it for about a year now. Most of my fund is in eth base asset.

Recently a friend of mine is about to launch his ICO but had to abort release using ERC20 token due to bad traffic and jump onto Waves. (goodjob kitties huh). Despite having to loose smart contract autofunction + sided 1 of his co-founder to do the manual token transfer, they might have gained from economic side through saving and wider choice currency on waves wallet.

The -ve on ethereum effect was unrealistic that over marginal network coverage area, I couldn't connect to MetaMask main ethereum network for hours sometime. This did not happened before (2nd week Dec onwards was a frustrating period for me).

Unless there is something done to improve speed over ethereum network, we would see more migration is acceptable by the public at large. Adding to the torment - there are few more digital pets are about to launch as well.  

[shinratensei_]

smart contracts are in my oppinion not significant, you can make also a contract the old fashioned way get it signed by each party and then store it as a pdf,

oh dear, it's clear that you are out your depth and don't know what your talking about and yes I know that's upset you but send me
some love 'en' kisses and I will let you in before you make yourself look a bigger fool

The fact there is no a lot of txpending in the network, There should a proof for this and OP should have tried to provide it.

OP can you give me your transaction hash?
That doesn't make sense at all.
Look at this one how the transaction with only 21 gwei or standard fees gets confirmed just in seconds. https://etherscan.io/tx/0x86cf00c60a7e7f8319985b8c39537f93b94a96439ba599c097e46cf3586da316
The waves fan hates ether just a usual thing lol.

[xusxuquade]

waves is good coin and open service same with ETH , token service
but all dev and investor not interest use waves platform

not obesession, because market interest use ETH platform

[KingScorpio]

waves is good coin and open service same with ETH , token service
but all dev and investor not interest use waves platform

not obesession, because market interest use ETH platform

then its a form of fixation,

because they are more efficient alternatives.