BitKongy
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April 04, 2022, 09:11:14 AM |
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OP your fear is meaningless, could be meaningful if ETH is a new coin in this space but as a old coin many will still prefer this coin over other new ones, either they go PoW or PoS it's going to have no negative effects on this coin, ETH is almost as good as BTC today.
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Yamifoud
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April 04, 2022, 09:42:04 AM |
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I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
Before Mr. Butterin and the team make the decision, they probably anticipate the coming problems that may occur. But I think, whatever it is they know what to do and responded positively. We don't have to fear anything from changing it to a PoS system, I've been believing this may help and add convenience to the user and investors. I definitely going to agree with what he made, he is even realizing the benefits it gives when switching to PoS. As mentioned above, a crypto Point-of-Sale (PoS) is a solution for deploying a cryptocurrency payment gateway. The PoS system enables your clients to pay for goods and services with Bitcoin using their smartphone and crypto wallet. The main advantage of the PoS method is the convenience since it takes mere seconds to create an invoice that the customer can utilize to pay. The PoS gateway is also simple to use and does not involve building complex infrastructure.
source: https://nowpayments.io/blog/what-is-cryptocurrency-point-of-sale#
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Smartprofit
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There are no holidays in the school of life
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April 04, 2022, 09:57:12 AM |
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OP your fear is meaningless, could be meaningful if ETH is a new coin in this space but as a old coin many will still prefer this coin over other new ones, either they go PoW or PoS it's going to have no negative effects on this coin, ETH is almost as good as BTC today.
ETH is still the most popular cryptocurrency after bitcoin. In my opinion, switching from a PoW consensus algorithm to a PoS consensus algorithm does not change the situation. Ethereum has many competitors, but so far none of them have come close to Ethereum in terms of popularity. Ethereum is a recognized leader in the crypto industry. Ethereum has a huge number of developers. A large number of developers is a key success factor. Investors can sell one coin and buy another. It is more difficult for developers to make such a transition. To do this, they need to retrain. They may even have to learn a new programming language in order to develop in a different cryptocurrency ecosystem. Therefore, in my opinion, everything will be fine with Ethereum!
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Shasha80
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April 04, 2022, 11:42:39 AM |
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I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
Why should you be fear for ETH's future? I think the ETH team thought about it before, and if the ETH project is going to be any different than before, maybe it's one of the ways for ETH to continue to change and grow big and survive any upcoming trends in crypto. We don't know if Vitalik Buterin regrets his decision or if he sticks with it. If you are afraid, you don't need to follow ETH and instead look for other coins that you think don't scare you. ETH is an old project and is still the king of altcoins, therefore ETH is always ranked second below Bitcoin. This has proven that the future of ETH will be bright, if the OP has doubts about the future of ETH, meaning that he has not received complete information about ETH. Because if we learn all things about ETH correctly and from reliable sources there should be no doubt about the future of ETH. In fact, many projects have been created to shift the position of ETH from number two on coinmarketcap, but neither one worked. I agree with you, there are many other coins that the OP can choose, but in my opinion it will be a loss if we miss ETH as an investment asset. Because based on my experience ETH can always provide big profits, if we can be patient holding ETH in the long term. ETH includes coins that always follow Bitcoin price movements, so if Bitcoin pumps, then the price of ETH will pump too. So it should come as no surprise when Bitcoin hits the ATH price in 2021, ETH also in 2021 managed to reach the ATH price. That's why ETH is my favorite coin after Bitcoin for investment choices for the long term.
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bitzizzix
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April 04, 2022, 12:49:27 PM |
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Ethereum is a perfect choice for investors as it allows easier access from traders and very high potential for long term growth, this is because the scalability of the platform provides room for continuous improvement by developers. Ethereum is the best coin after bitcoin and nothing can overthrow Etheruem the second best coin among other cryptocurrencies, I never hesitate to own it because it always provides great profits for the long term and the future of Ethereum will continue to be good and improving.
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sana54210
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April 04, 2022, 05:12:11 PM |
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there is certainly a good reason why the team behind eth just decide that it gonna be changing in system from POW and become POS because it’s for saving the energy consumption and going more greener I guess. there is no harm if it’s for betterment of the world because honestly wasting energy unnecessarily isn’t a good thing either but it depends in the thing that a platform wanna achieve, if it’s security surely it’s better using POW mechanism but it seems ETH doesn’t really aims for that instead it’s just aims for efficiency and therefore POS could be a great choice for ETH in the future. the newer smart contract platform choose POS with a valid reason of increasing overall efficiency I think.
Of course, it is a bit about becoming more green, there is no denying that at all. But I would like to say that it is not just about being a bit more green, it is also about the fact that new projects are picking other networks since ETH gas fee is high right now. The reason why ETH became this big was the fact that there are so many projects that end up getting hyped and that increased the price of ethereum. Even during the bear period, we have seen ETH not go down as much as some of the other coins because it was a period when Axie made people a lot of money and everyone bought ETH to use axie. So, if they lowered the gas fee, they could get even more projects there.
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Xal0lex
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April 04, 2022, 08:05:04 PM |
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Ethereum is a perfect choice for investors as it allows easier access from traders and very high potential for long term growth, this is because the scalability of the platform provides room for continuous improvement by developers. Ethereum is the best coin after bitcoin and nothing can overthrow Etheruem the second best coin among other cryptocurrencies, I never hesitate to own it because it always provides great profits for the long term and the future of Ethereum will continue to be good and improving.
Yes, after the EIP 1559 update, ETH became more attractive for investors and traders, so now there is an outflow of coins from exchanges. And the deposit contract of ETH 2.0 has already exceeded 10,000,000 coins. I doubt that we can see a full-fledged replacement for ETH in the near future, as it is a huge ecosystem that is already highly popular. Yes, it has certain problems, and on this background there are so-called ETH killers that solve ETH gaps in their projects, but even offering, in some aspects, a better product, it still will not outweigh the influence of ETH as a deflationary asset that is gaining momentum.
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RussianEnglishTranslation
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April 04, 2022, 08:43:22 PM |
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I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
I'm not sure what you are arguing here. Are you saying that POS isn't secure? POS can be just as secure as POW blockchains, even more so since there are no 51% attacks based on hashpower rented from places like nicehash. The added benefit of POS for retail investors is that they don't have to buy expensive computer hardware from china and mine with expensive electricity. Anybody can stake $Celo, $ICP, or $NEAR.
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pandanaran
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April 04, 2022, 09:34:43 PM |
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The future of ETH is still very good because now it has switched to POS of course with this transition ETH does not stand alone and remains the best altcoin but in POS it is still in its infancy, and fewer battle tests, compared to POW which has been used before but is developing and Security updates will continue to be made for ETH which is better than others.
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monineklutak
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April 04, 2022, 09:43:28 PM |
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Etherium is a popular coin. The current price of this coin is: $ 3455. If we think back a few days, we can see that the price of etherium has gone up a lot. It is usually for the market. At current prices, Etherium will continue to improve in the future .
The current price of Ethereum I think is inseparable from the rising price of Bitcoin which has an indirect impact on the altcoin market, if conditions continue to improve it is not impossible that the price of Ethereum will also continue to rise, the important thing is to follow the developments and we'll see if there will be a bull market or not
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maydna
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April 05, 2022, 11:31:47 AM |
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ETH is an old project and is still the king of altcoins, therefore ETH is always ranked second below Bitcoin. This has proven that the future of ETH will be bright, if the OP has doubts about the future of ETH, meaning that he has not received complete information about ETH. Because if we learn all things about ETH correctly and from reliable sources there should be no doubt about the future of ETH. In fact, many projects have been created to shift the position of ETH from number two on coinmarketcap, but neither one worked. I agree with you, there are many other coins that the OP can choose, but in my opinion it will be a loss if we miss ETH as an investment asset. Because based on my experience ETH can always provide big profits, if we can be patient holding ETH in the long term. ETH includes coins that always follow Bitcoin price movements, so if Bitcoin pumps, then the price of ETH will pump too. So it should come as no surprise when Bitcoin hits the ATH price in 2021, ETH also in 2021 managed to reach the ATH price. That's why ETH is my favorite coin after Bitcoin for investment choices for the long term. Yes, you are right. ETH can provide huge profits like what bitcoin has given us. I'm also still holding ETH to this day after the previous high gains, and with BTC, I'm sure it will provide another big gain in the bull run and the next altcoin season. But we are only giving advice to @OP, and we are not forcing him to follow what we are suggesting, but it is better if @OP can find more information about ETH so that he has no qualms about investing in ETH other than BTC. So far, the movement of ETH itself has been good and could rise to the level of $3k, and I feel that there is a possibility this year ETH will increase again.
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poonam8288
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April 06, 2022, 07:47:54 AM |
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Etherium chain is very reliable in all the current chains. Etherium 2.0 version is also going to be launched soon. Then there will be a big reduction in gas fees. At present you can see that 60 to 80 percent of the projects of Ethereum chain are working. The most. If there is one after Bitcoin it is Ethereum. That is, it is not appropriate to tell anyone about its future. Since you are working in this industry, you must know the importance of etherium. And its future will be wonderful and bright in the days to come.
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jostorres
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April 07, 2022, 07:14:28 AM |
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ETH can provide huge profits like what bitcoin has given us. I'm also still holding ETH to this day after the previous high gains, and with BTC, I'm sure it will provide another big gain in the bull run and the next altcoin season. But we are only giving advice to @OP, and we are not forcing him to follow what we are suggesting, but it is better if @OP can find more information about ETH so that he has no qualms about investing in ETH other than BTC. So far, the movement of ETH itself has been good and could rise to the level of $3k, and I feel that there is a possibility this year ETH will increase again.
Doing your own research is definitely something that is promoted to everyone, not just OP but everyone. However, ETH is one of the biggest coins out there in the world, it is one of the most used blockchains if not the most used one as well. OP could read up on it for days, weeks and even months and can still learn new things after a while because it is such a huge one. Popular things get a lot more results and research material, since it's liked by many, that means if you write something about it, there are more people out there who would be interested in it as well. This is why I believe that ETH is a good choice, and there are many sources that suggests the same.
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zasad@
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April 07, 2022, 09:50:03 AM |
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Etherium chain is very reliable in all the current chains. Etherium 2.0 version is also going to be launched soon. Then there will be a big reduction in gas fees. At present you can see that 60 to 80 percent of the projects of Ethereum chain are working. The most. If there is one after Bitcoin it is Ethereum. That is, it is not appropriate to tell anyone about its future. Since you are working in this industry, you must know the importance of etherium. And its future will be wonderful and bright in the days to come.
I will disappoint you, but there will be no gas price reduction because sharding will be activated after the Merger. The merger will change the algorithm in the blockchain but will not significantly increase the speed of transactions in the blockchain. The next few years will be spent scaling up the blockchain and increasing the number of shards to maximize TPS.
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Smack That Ace
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April 07, 2022, 10:16:42 AM |
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You don't have to worry too much, ETH is POW or POS, it will never lose position (altcoin king) and no altcoin can replace it. Upgrading to POS will make ETH more eco-friendly because of the allegations surrounding POW about energy usage for mining. Below is the revenue statistics table of recent blockchains, everyone can refer. The attraction of ETH has never cooled down and people's trust in it has never been lost. source: The Graph
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fzkto
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April 07, 2022, 11:06:15 AM |
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It seems to me that the environmental friendliness of POS is too exaggerated by globalists, because there is not much damage to the environment from mining all POW coins, compared to one or more volcanic eruptions. About the king of altcoins I totally agree! There are so many projects tied to its ecosystem and there is no replacement for it yet. If only DOT in the very distant future.
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Questat
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April 07, 2022, 11:34:00 AM |
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I don't see any significant effect on the price of ETH despite the change in PoW-PoS nor saying the future of ETH has been affected. Coz what I see this is that it only saves the effect to the environment, not the price itself and as well as with the gas fee. But I was seeing from this scenario is that it even adds more interest to the people. Ethereum will remain the top coin among altcoins, and will still see its persistent performance and so the demand.
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Sebas.tian
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April 07, 2022, 12:56:34 PM |
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Several Coins come and goes but Ethereum is still there as a king of all Altcoins. People using now Ethereum as an asset like Bitcoin in my opinion. I don't think Vitalik will regret it on the other hand I feel Ethereum can surpass bitcoin in the future. With all your fears Ethereum is growing steadily and will continue to grow.
Exactly, people are making a huge amount of money from ethereum like the way they make money from bitcoin investment. Ethereum still remain the king among altcoins in terms of long term benefits, many investors has achieved a lot of reward from ethereum than any other altcoins in the community. I believe ethereum team are fully ready to make ethereum stable and steady through out this year to help many people to be part of this season of profits making. Based on what many traders has achieved from ethereum few weeks ago, I think it will motivate them to invest more Money on ethereum than any other coins in this season.
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maydna
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April 07, 2022, 04:58:34 PM |
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ETH can provide huge profits like what bitcoin has given us. I'm also still holding ETH to this day after the previous high gains, and with BTC, I'm sure it will provide another big gain in the bull run and the next altcoin season. But we are only giving advice to @OP, and we are not forcing him to follow what we are suggesting, but it is better if @OP can find more information about ETH so that he has no qualms about investing in ETH other than BTC. So far, the movement of ETH itself has been good and could rise to the level of $3k, and I feel that there is a possibility this year ETH will increase again.
Doing your own research is definitely something that is promoted to everyone, not just OP but everyone. However, ETH is one of the biggest coins out there in the world, it is one of the most used blockchains if not the most used one as well. OP could read up on it for days, weeks and even months and can still learn new things after a while because it is such a huge one. Popular things get a lot more results and research material, since it's liked by many, that means if you write something about it, there are more people out there who would be interested in it as well. This is why I believe that ETH is a good choice, and there are many sources that suggests the same. Yes, that's correct. Even though the price of ETH has dropped by a few hundred dollars right now, I still believe that it will rise again, especially after bitcoin has rebounded again. Currently, the market is undergoing another correction, which makes ETH and other coins experience a decline. If @OP is still researching ETH and already getting a lot of information about ETH, maybe this is a good time to buy ETH when the price is experiencing a correction. ETH is still a popular coin for now besides BTC and BNB and still occupies the second position in CMC and Coingecko, so this is what makes many people still believe in ETH's ability to increase its price in the future.
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MarjorieZimmermanGinger
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April 07, 2022, 05:06:41 PM |
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I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
Ethereum is an improvement over all of them, many smart contracts are using them, even if examined closely, projects that have a greater success value are using their smart contract network, and the prospect of Ethereum using PoS will have a huge impact going forward, as they are figuring out how to use Ethereum must master any exchange, be it transactions, swapping or buying/selling in their smart contracts
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