gs25 (OP)
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February 07, 2021, 08:23:48 PM Last edit: February 08, 2021, 12:04:11 AM by gs25 |
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I believe that Avalanche (AVAX) will go to $1,000 and beyond and will capture a massive share of DeFi. It is BLAZING FAST at very low fees while being truly decentralized, with more than 800 validators on its Proof of Stake network already. Literally sending to another address is instantaneous, even depositing into an exchange like Binance takes less than a minute to have everything credited on there. This is what crypto is supposed to be like in 2021! Fast AND true to the vision of decentralized crypto. Price at the time of my posting is about $22.30 with great big news happening every other day. The ecosystem is growing rapidly. Are you an Avalanche holder? If you aren't yet the chances are very high that you will be. Let's go to the moons. 👉👉Low market cap COIN GEMS 2021 - share your best pick!
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February 07, 2021, 08:37:18 PM |
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This is really interesting, but nothing new. Stellar has been offering blazing fast transactions for years now (took me less than 3 minutes to move money from Kraken to Binance last week) with amazingly low fees ( base rate 0.00001 XLM, so basically nothing). It's a protocol that's tried, tested and trusted - USDC is now running on Stellar, too. Plus it's on pretty much every exchange so I can move my money around anywhere, with no problems.
To be completely clear, I hold both AVAX and XLM and I think AVAX is very interesting with plenty of use cases. But for moving funds around, absolutely nothing beats XLM in my book
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JNR
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February 07, 2021, 08:54:37 PM |
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last time i read polkadot will be next ethereum and now AVAlanche is the next eth, but even this project bring something new, but its not enough because ethereum community already become a huge community in altcoins world thats why its impossible for this coin to become the next eth
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gs25 (OP)
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February 07, 2021, 09:26:18 PM |
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This is really interesting, but nothing new. Stellar has been offering blazing fast transactions for years now (took me less than 3 minutes to move money from Kraken to Binance last week) with amazingly low fees ( base rate 0.00001 XLM, so basically nothing). It's a protocol that's tried, tested and trusted - USDC is now running on Stellar, too. Plus it's on pretty much every exchange so I can move my money around anywhere, with no problems.
To be completely clear, I hold both AVAX and XLM and I think AVAX is very interesting with plenty of use cases. But for moving funds around, absolutely nothing beats XLM in my book
You're right, Stellar is really fast. But it's not really decentralized. Avalanche already has 800 validators on the network. last time i read polkadot will be next ethereum and now AVAlanche is the next eth, but even this project bring something new, but its not enough because ethereum community already become a huge community in altcoins world thats why its impossible for this coin to become the next eth
Yes you're right, Ethereum has a huge community and network effect. However, it's currently a whale network. Average joe can't participate productively because of insane fees. The move to ETH 2.0 will take years. The migration to other, technically better networks has already started. I'm actually not suggesting Avalanche is the next Ethereum, but that it's way better. It's transcending Ethereum.
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muenze
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February 07, 2021, 10:29:13 PM |
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The question is what will people ever use Avax (and Dot) for? The main use of ETH is create and buy/sell shittokens. Their only dApp i ever used is Uniswap. Why does making a better ETH make Avax worth billions? Honest, unbiased question. Theres 100s of projects like that isnt there? I dont mean to sound too negative but I rather hype a project thats still very cheap. Of course in this market right now Avax will probably grow, but why do you think it will ever be #1 or #2 in Coinmarketcap? Thats the project we need. Preferrably still at $2m market cap so everyone can get it cheap ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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ahoenk
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February 07, 2021, 10:43:43 PM |
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With the massive DeFi now we need another platform like ethereum, but what makes avax the best alternative ethereum ? Why not people just use polkadot or ada which created by ethereum co founder and they know what the negative about ethereum ?
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Twinkledoe
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February 07, 2021, 10:50:47 PM |
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With the massive DeFi now we need another platform like ethereum, but what makes avax the best alternative ethereum ? Why not people just use polkadot or ada which created by ethereum co founder and they know what the negative about ethereum ?
Anyway, everyone can formulate that a certain project is better than the popular network. They can give all the advantages of its features. Just like projects before who want to beat bitcoin. But look at what we have now, does anyone beat bitcoin? No one yet. So now, there are several projects that are actually promising, but beating ethereum, not in so many years. Eth has been established and it would take years for a particular project surpass the achievements of eth. Even though it has flaws, still people will go to eth.
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asriloni
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February 07, 2021, 10:56:30 PM |
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With the massive DeFi now we need another platform like ethereum, but what makes avax the best alternative ethereum ? Why not people just use polkadot or ada which created by ethereum co founder and they know what the negative about ethereum ?
If you are seeing the market and this time there are lots of new smartcontract platforms and it's not only avax. OP was only promoting for AVAX and no more, You must see that from his words. AVAX is only better on its technical reason consider AVAX already fixed the scalability problem on ethereum. I don't see another interesting thing other than this.
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February 07, 2021, 11:36:06 PM |
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Yeah, Avalanche is really cool. I have some tokens, because I participated in social mining. I follow the project development and all updates. I see there are many prospective partnership, which can bring Avalanche to the new levels. Price already shows that community is interested in the project. Many solutions can be really useful for cryptocommunity, so we can see new heights of the AVAX soon
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February 07, 2021, 11:43:39 PM |
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Both are unique by its way. Avalanche being a platform dedicatedly developed for the swap/transaction support for the DEFI projects. On the other side, it serves as the platform for the development and trading of own assets in an decentralized manner. This hasn't gained the attention till the recent price bounce in the market. Month ago the price was close around $6. Today it has reached above $23, and that's the reason why people are into comparison against ethereum.
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February 07, 2021, 11:54:10 PM |
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I hope this will stop one day. BCH, BTG etc is better than BTC, hope we can see who is the king. EOS and others are the ETH killer, where are they today? ETH has very global use cases and more than 80% of project rides on them. Let's stop deceiving ourselves with all these new project that keep overpromising
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lionheart78
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February 07, 2021, 11:56:34 PM |
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I believe that Avalanche (AVAX) will go to $1,000 and beyond and will capture a massive share of DeFi. It is BLAZING FAST at very low fees while being truly decentralized, with more than 800 validators on its Proof of Stake network already. Literally sending to another address is instantaneous, even depositing into an exchange like Binance takes less than a minute to have everything credited on there. This is what crypto is supposed to be like in 2021! Fast AND true to the vision of decentralized crypto. Price at the time of my posting is about $22.30 with great big news happening every other day. The ecosystem is growing rapidly. Are you an Avalanche holder? If you aren't yet the chances are very high that you will be. Let's go to the moons. Wait until the userbase increases then you can say it is really blazing fast. That is if it actually boom like that. Comparing it to ETH, well ETH had proven itself many times, though it would be great if we have another altcoin that can surpass it. But claiming it this early is just nonsense at least. Beat ETH first then say this stuff again.
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JeffBrad12
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February 08, 2021, 12:18:00 AM |
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hope we can see who is the king. EOS and others are the ETH killer, where are they today? ETH has very global use cases and more than 80% of project rides on them. Let's stop deceiving ourselves with all these new project that keep overpromising
Too many copycat projects that claimed themselves as a better version compared with the real one. Avax is indeed superior on its technical system but remembers this one is also learning from the problem faced by ethereum to make it even better. Imagine when the scalability problem on ethereum will be solved and that will change everything dude. I just call that as a shilling only and no more. So many shillers from ripple and various platforms have ever claimed themselves to be better versions of ethereum.
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Hawaii2020
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February 08, 2021, 01:00:06 PM |
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I think its safer to go in smaller projects like Cosmos, Solana, Harmony (they are not that cheap but still much cheaper than Avax or ETH.
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tbct_mt2
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February 08, 2021, 01:09:48 PM |
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I believe that Avalanche (AVAX) will go to $1,000 and beyond and will capture a massive share of DeFi. Please don't shill the coin you love this way. With my respect to the future of AVAX, $1000 is unrealistic price for AVAX in this year. I don't get reasons from which you conclude that AVAX will hit that price. Is it from its max supply (760,000,000) https://coinmarketcap.com/currencies/avalanche/That coin has lower max supply than other altcoins and Ethereum but it is not the only reason will decide the price. It is BLAZING FAST at very low fees
Many altcoins have low fees but price is not decided solely by fees. You can hope as Ethereum had a price about $50 in 2017 and in January 2018, it topped up higher than $1300. It is one year growth and you can hope AVAX to repeat it in next one year.
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ameliana
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February 08, 2021, 01:13:52 PM |
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yes, I tried to deposit some AVAX in binance, it didn't take long, you can say that in terms of speed this coin is fast enough for transactions, and in terms of price it also seems that this coin has great potential in the future. in just 2 months, from the very beginning when this coin was listed on the exchange $ 2.80 and now it has reached $ 29. quite impressive to me
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tbct_mt2
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February 09, 2021, 02:18:19 AM |
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yes, I tried to deposit some AVAX in binance, it didn't take long, you can say that in terms of speed this coin is fast enough for transactions, and in terms of price it also seems that this coin has great potential in the future. in just 2 months, from the very beginning when this coin was listed on the exchange $ 2.80 and now it has reached $ 29. quite impressive to me
With crypto transactions, you have to care of safety, transaction fee and speed. Safety would be the first if you are moving a big capital or just big portion of your capital. You can choose many altcoins with cheap fee and fast speed for transactions, but their total hashrates are low and your transactions can get troubles with exchanges if you move them in the times of replay attacks. I can't say otherwise, Avalanche and Polkadot have been the best projects for me since 2020, no project comes closer like this two but don't you think it's too much to compare Avalanche to Ethereum? I mean Ethereum is a old altcoin and Avalanche isn't, meaning avalanche have a long way to go, using speed in transaction isn't going to make any difference because we already have too many altcoins that are fast as a lightening
Polkadot is better than Avalanche but they are too young and with bull market, you will see more potential projects. Not all of them will be able to show up their potentiality with the bear market. Go ahead but just beware of risks from young projects.
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February 09, 2021, 04:46:57 AM |
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With the massive DeFi now we need another platform like ethereum, but what makes avax the best alternative ethereum ? Why not people just use polkadot or ada which created by ethereum co founder and
It's caused by avax is more scalable compared with ethereum and the users will need to pay small fees. The dapps will take the advantage of small fees. It's not easy to create a platform in a new chain dude. they know what the negative about ethereum ?
You should read the whitepaper of AVAX and this platform is quite better in terms of technical aspects but avax is still nothing compared with ethereum in another aspect.
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MishaSER
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February 09, 2021, 01:01:01 PM |
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If Avalanche is better than Ethereum, I can look at the wallet and supported tokens to see how it works.
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gs25 (OP)
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February 09, 2021, 02:03:47 PM |
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If Avalanche is better than Ethereum, I can look at the wallet and supported tokens to see how it works.
There is now an Avalanche-Ethereum bridge to easily transfer assets between the two blockchains Check it out https://aeb.xyz/#/transfer
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