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Author Topic: Will AVAX stop working soon?  (Read 84 times)
LittlePrinceCat (OP)
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December 26, 2021, 05:56:21 AM
 #1

https://youtu.be/wV-iIklvf1E

As you can see in the video from YouTube, the YouTuber said that AVAX will stop working soon. Is it true? Does AVAX still worth to invest?
It seems that AVAX is dropping now. Does it crash now?
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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December 26, 2021, 02:00:06 PM
 #2

The guy in the video expresses his opinions towards Avalanche, he concluded that AVAX will crash sooner after a huge drop.

I think that this project is far to crash because of several reasons. One of the main reasons is that Avalanche has an active network with more than 800 validators which results a fast and cheap transactions (less than a minute in average) and this is what should be a cryptocurrency.
Compared to Ethereum, Avalanche becomes one of the best alternatives due to Eth network issues.

To check project details and updates, it's more efficient to follow updates in official channels. Unfortunately, the project hasn't an official ANN thread in bitcointalk.

Official Links:

Website: https://www.avalabs.org/
Medium: https://medium.com/avalabs
Telegram: https://t.me/avahub_official

R


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hugeblack
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December 26, 2021, 02:16:41 PM
 #3

I do not think that relying on the views of a YouTube channel will be useful, and if there is real news, you will find that the price of that currency will begin to collapse quickly.
Therefore, if there is a problem, you will find it directly at the price, you are now safe, but what will guarantee the future.

Most of the altcoins depend on the failure of ethereum to upgrade to V2, and therefore the fee problem will continue. Once the fee problem is resolved, most altcoins will be worthless due to the lack of any demand for them.

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December 26, 2021, 02:48:11 PM
 #4

As you can see in the video from YouTube, the YouTuber said that AVAX will stop working soon. Is it true? Does AVAX still worth to invest?
It seems that AVAX is dropping now. Does it crash now?
It's just anothe FUD from dumb influencer. Many dumb influencer was saying the same thing for avax in the past. AVAX is only following what bitcoin does irght now. The fact that if the price of avax can stabilize right now. It's not true but this is cypto once any thing can up and down drastically. AVAX is still worth to invest but do your own research coz this is not a financial advice.Don't you see the token like solana and binance smartchain? these coins have been entering into the top 10 cmc. AVAX was also very close to the top 10 CMC. this gonna be the potential competitor for solana caused by avax has a very good blockchain like solana and the users of avax are growing day by day. It doesn't even crash now and how can you say like that? You should not believe what he was saying.
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December 26, 2021, 04:52:18 PM
 #5

https://youtu.be/wV-iIklvf1E

As you can see in the video from YouTube, the YouTuber said that AVAX will stop working soon. Is it true? Does AVAX still worth to invest?
It seems that AVAX is dropping now. Does it crash now?

You should not judge a news story as true only from one source. You have to dig up information from other different sources so that you can judge and distinguish which news sources are true and which are not clear, I also believe that AVAX is still very worth investing in, AVAX is the native token of Avalanche. It is a rare and limited asset that is used to pay fees, secure the platform through staking, Avalanche
is a project to watch out for in 2022. And recently Avalanche has passed 50 million total transactions. I think this is an achievement that deserves to be reckoned with.

R


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December 26, 2021, 05:52:31 PM
 #6

He is just predicting AVAX may not be able to compete with its rival and it's price might dump. But it's not a great idea to take reference of a single person to predict about the future of your investment. Avalanche platform is growing rapidly and though the investors are being divided in many platforms, there's still a lot of new investment to come and with the introduction of easier cross chain bridge, more opportunities to be tapped in every platforms. I see AVAX still as a good investment.



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December 26, 2021, 06:14:25 PM
 #7

it's just a speculation given the current state of affairs, I think anyone is free to do that when it's proven or not that's something that doesn't really matter because it's speculation.
On the other hand, I will not say that AVAX will be destroyed or not, as the people in the video say, but see from various parties and what their future projects will look like. indeed to be in this case is actually full of risks but on the other hand we can also take a stand whether this is good or not of course with our own observations not according to other people.
when it feels good then continue and when it's not good then leave

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December 26, 2021, 07:37:04 PM
 #8

You shouldn't be that type of person that relies on these YouTube people.

They're merely giving their views and opinions about the project. But if there's a strong basis then you can believe that. If not, then it's just their take about the mentioned project.

Otherwise, always fact check too.

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December 28, 2021, 11:47:54 AM
 #9

The subjective opinion that is expressed to the general public can negatively affect the overall trend of the project. Perhaps even this video can be removed if its negative impact is evident. Inflicting reputation damage. Although, if the arguments are supported, the project may receive double damage.
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December 28, 2021, 02:22:16 PM
 #10

you need to know that youtube is a place where people make videos with the aim that people are interested to see and believe in what the video maker thinks, and this should not be your reference in judging or even relying on it.

It is better for you to judge yourself by what you have learned and synchronize it with the facts.

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December 28, 2021, 03:19:40 PM
 #11

The biggest mistake I made this year is trusting crypto YouTubers, don't do it they are just spreading FUD and chilling coins they are paid to chill, AVAX is one of the big smart contract project that's reliable than many I don't see this project stopping any time soon

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