dishku
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July 27, 2020, 08:32:09 AM |
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I sent ethereum payment from my wallet to exchange it gets to blockchain and because of low gas it returned back lol and ethereum has 30 billion market cap lool Go Cardano kill the nonsense ethereum
It's definitely going to get worst from here because ETH right is pumping like crazy and, higher the ETH gets pumped more will be the gas price. If you check ethgasstation 91 GWEI is the standard gas price right now (as of writing). Now the narrative of vatalik about high fee has been totally changed it is a big joke while in the beginning they were claiming low transactions fee is good. It is happening because of DEFI and now insane pump of ETH. I also think it will become worse scenario in future when people have to pay more high fee.
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JollyGood
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July 27, 2020, 09:57:24 AM |
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Vitalik Buterin seems to have steadied the ETH ship for now with announcements of testnets for 2.0 but until the whole thing is up and running there will always be doubt over the project.
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dragonvslinux
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July 27, 2020, 10:45:45 AM |
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Vitalik Buterin seems to have steadied the ETH ship for now with announcements of testnets for 2.0 but until the whole thing is up and running there will always be doubt over the project.
Very true, don't buy the hype. The idea of the testnet being launched in 2 weeks is a classic "buy the news, sell the launch" type event, regardless of whether it's successful or not. This is merely how speculation works surrounding launch announcements. I still remember the hype surrounding Lightning Network in mid 2018 due to the 4x in liquidity that occurred, then price dumped 50%! Prior to the dump, everyone thought Bitcoin was going to moon because of it Now Lightning looks like a failing defi protocol. Kicked out the Top 10, ranked 20 behind a dozen shitcoin projects with a pathetic $10m of liquidity. Always be cautious!
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Sy
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Bounty Detective
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July 27, 2020, 12:58:11 PM |
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I sent ethereum payment from my wallet to exchange it gets to blockchain and because of low gas it returned back lol and ethereum has 30 billion market cap lool Go Cardano kill the nonsense ethereum
It's definitely going to get worst from here because ETH right is pumping like crazy and, higher the ETH gets pumped more will be the gas price. If you check ethgasstation 91 GWEI is the standard gas price right now (as of writing). Now the narrative of vatalik about high fee has been totally changed it is a big joke while in the beginning they were claiming low transactions fee is good. It is happening because of DEFI and now insane pump of ETH. I also think it will become worse scenario in future when people have to pay more high fee. I hope they will make the network more scalable in the coming days because I transact in small amounts a lot (daily payments) coz of that I am losing a lot on fees. If I am not mistaken fees on ETH and BTC is almost the same now.
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Bitcoin_Arena
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฿itcoin for all, All for ฿itcoin.
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July 27, 2020, 08:57:09 PM |
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Now the narrative of vatalik about high fee has been totally changed it is a big joke while in the beginning they were claiming low transactions fee is good. It is happening because of DEFI and now insane pump of ETH. I also think it will become worse scenario in future when people have to pay more high fee.
Truth is he probably never expected ETH to be this big. That why the upgrade is much need. In the last few weeks i have been paying way less (10 - 20 times less) in Bitcoin Transaction fees as compared to ETH transaction fees
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ostrogoto2012
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July 27, 2020, 09:51:06 PM |
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Vitalik Buterin seems to have steadied the ETH ship for now with announcements of testnets for 2.0 but until the whole thing is up and running there will always be doubt over the project.
Very true, don't buy the hype. The idea of the testnet being launched in 2 weeks is a classic "buy the news, sell the launch" type event, regardless of whether it's successful or not. This is merely how speculation works surrounding launch announcements. I still remember the hype surrounding Lightning Network in mid 2018 due to the 4x in liquidity that occurred, then price dumped 50%! Prior to the dump, everyone thought Bitcoin was going to moon because of it Now Lightning looks like a failing defi protocol. Kicked out the Top 10, ranked 20 behind a dozen shitcoin projects with a pathetic $10m of liquidity. Always be cautious! In fact you are right, I just don't understand pumps are legally prohibited but they often happen especially in the crypto market
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IrinaRos15
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July 28, 2020, 05:28:05 AM |
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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
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dishku
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July 28, 2020, 07:44:24 AM |
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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Of course DEFI is on the fire right now there is big craze about that boat nobody want to miss this. It creating FOMO and that the cause why ETH is exploding right now and the plus point is ETH 2.0 testnet which is going to release next month. Hopefully these reason will make moon very soon.
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Renampun
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July 28, 2020, 04:55:46 PM |
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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Ethereum $ 1,000 in the next month? might it will happen... but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August.
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ostrogoto2012
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July 28, 2020, 06:34:32 PM |
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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Ethereum $ 1,000 in the next month? might it will happen... but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August. Ethereum should have alredy been at 1K dollars if Vitalik did not post on twitter some speculative message last years. We must not forget
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polarityexchange
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July 28, 2020, 08:35:46 PM |
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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Ethereum $ 1,000 in the next month? might it will happen... but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August. Ethereum should have alredy been at 1K dollars if Vitalik did not post on twitter some speculative message last years. We must not forget ETH chart looks very close to silver, which was notoriously suppressed by JPM.. It is also known half of all ETH that was mined the last year + was bought by Grayscale.
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Bitcoin_Arena
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July 28, 2020, 09:15:57 PM |
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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Ethereum $ 1,000 in the next month? might it will happen... but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August. A new all time high could happen sometime in the future be definitely not this August. We should be expecting some few correctiosn even if we have a month of upward trends. Realistically, between $400 to $500 is possible in August. $1000 is too much for ETH right now
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dragonvslinux
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July 28, 2020, 09:28:41 PM |
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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Ethereum $ 1,000 in the next month? might it will happen... but we cannot expect Ethereum return to its ATH in January 2018 too much, I just thought maybe Ethereum would be at $ 600 - $ 700 in August. Ethereum should have alredy been at 1K dollars if Vitalik did not post on twitter some speculative message last years. We must not forget It is also known half of all ETH that was mined the last year + was bought by Grayscale. Do you have a source for this? Sounds like very relevant data...
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davide72
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July 28, 2020, 09:35:14 PM |
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Vitalik Buterin seems to have steadied the ETH ship for now with announcements of testnets for 2.0 but until the whole thing is up and running there will always be doubt over the project.
Don't really understand Vitalik Buterin, last years he did post very negative comment on his social account about ethereum project, soon ethereum is going to pos mode! Anyway Ethereum is a great project!
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Bitcoin_Arena
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July 28, 2020, 11:37:46 PM |
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Sy
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July 29, 2020, 05:37:20 AM |
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What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Nope $1000 is way too far for now. Till August, I am expecting the price to be around 340-350 because this is just a testnet news but November could be a different game if they stick to their schedule this time.
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deadsix
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July 29, 2020, 09:38:08 AM |
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When Flippening tho?
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JollyGood
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July 29, 2020, 11:26:58 AM |
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At this rate if the end of year December 2020 price was around $500 would you say that was a positive step or an underachieving step? What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Nope $1000 is way too far for now. Till August, I am expecting the price to be around 340-350 because this is just a testnet news but November could be a different game if they stick to their schedule this time.
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dragonvslinux
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July 29, 2020, 06:07:43 PM |
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At this rate if the end of year December 2020 price was around $500 would you say that was a positive step or an underachieving step? What do you think is the real fuel for our Ethereum rocket? And how high can it fly? Will we be able to see $ 1,000 in August?
Nope $1000 ($1.4K even) is way too far for now. Till August, I am expecting the price to be around 340-350 because this is just a testnet news but November could be a different game if they stick to their schedule this time. Agreed, $1000 is a long way away, that's the current attraction. The fact that Bitcoin is closer to $20K than $0K is less of an attraction right now. Quick maths, year on year returns against USD: ETH: 51% BTC: 16% Nuff said! When Flippening tho?
2022, temporarily, before "the reversal". Ie, the bear market where BTC returns to the no.1 spot, obvs.
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