Quote from: Google+ on May 11, 2024, 07:45:46 PM

Quote from: dekafee79 on May 10, 2024, 05:53:52 PM

Yes, many ethereum users are moving to Solana and BNB. The ethereum network has many weaknesses with high gs fees which burden users. but for big investors they still believe in ethereum, this is what is difficult for Solana and BNB to beat ethereum

As long as Ethereum still does not fix this problem, it is certain that ethereum users will decrease and this will have a direct influence on the price of ethereum in the market. Investors and other whales still believe in Ethereum because Ethereum is the network that has the best security.

yeah I consider ETH to be the worst coin to hold and stake. I see a long drop in its price and no hope for longterm gain to a number such as 10k would be next to impossible.

It is normal that lately Ethereum has always decreased in price and it is difficult to increase the price of Ethereum again. Because basically many whales have moved to other networks. It should also be noted that the supply of Ethereum is too much, making Ethereum unsuitable for investment.

Quote from: EthereumDev_ on Today at 05:44:17 AM

The government should be like that, but basically, without many people knowing, there are already many governments that understand cryptocurrency and are trying to control existing cryptocurrency. Many countries have done that. We can see one country, Singapore, which really supports cryptocurrency.

It's very good to hear that a country like Singapore supports crypto currency. governments in several countries have also started to allow crypto as an investment for their citizens, this is very good for us crypto lovers, because it will make demand higher and the price of crypto will increase.

Exactly, when demand increases it will make the price of bitcoin expensive again. As you can see currently the price of bitcoin is rising again and this is also having an influence on altcoin price movements. Hopefully this development can be accepted in all major countries in the world so that it will further increase the price of cryptocurrency.

Quote from: TopT3ns on May 16, 2024, 07:00:50 PM

Quote from: Muneeb22 on May 11, 2024, 12:11:06 PM

It may be possible becasue the SOL network fee is very low but the ETH network fee is high and that is not good. Now this time so many projects are go to the SOL and also on the BNB network because the ETH network fee is high and all these networks are secure and good. SOL network is a good network and in future it will get more good projects.

The current Ethereum network still has quite high transaction costs and the cost of creating new tokens is quite expensive. Therefore, Ethereum is used for those who have well-developed products that will be valuable. Meanwhile, when new projects enter the Solana network, many of them end up being scams because on the Solana network the transaction fees are all very cheap.

Check Ethereum transaction fees - https://etherscan.io/gastracker
I think with the current gwei it's still quite cheap compared to the previous high.

Remember that Solana is not an Ethereum killer by any means, they may say Solana has a cheap network but behind it all are a lot of scammers making token plans that will rugpull later which in the end becomes a scam.

But ETH will not be able to be overtaken because MC is too big and far different from Solana.

That's right, as you said, Ethereum fees are currently quite cheap and we can take advantage of these cheap Ethereum fees to carry out transactions on Ethereum. It is normal that when token creation and transaction costs are quite cheap, scammers will take advantage of it.

Normally when bitcoin is not on a gaining side you would always find other altcoin facing difficulty to survive except bitcoin has gain some percentage or possible its the bull run time before you could see other altcoin start making progress especially memecoin that is always being over hyped on twitter and various social medias.

Bitcoin will always provide profits for those who can hold it for a long time. If you are unsure about other altcoins then it is better to trade and invest long term in Bitcoin which in my opinion has less risk than altcoins.

Everyone now admits that Elon's influence can give confidence and increase dog, but will it continue? Of course, it is very difficult to predict because Elon only uses, Doge for his business and, coincidentally, what he does is very successful But when the doge fell he did nothing and remained silent in his silence.
Yesterday, when bitcoin passed its ATH, all meme coins increased sharply because of that effect, including doge. So it's not because of what Elon did, if only Elon intervened at the same time, it's not impossible that Doge could get $1.
No need to be discouraged, there will still be another chance to have doge when the bullish season comes.

Elon will now be more careful because when a tweet about Dogecoin last year had a very terrible impact, Elon Musk even got caught in a case and made himself decide to buy Twitter. It is impossible for Dogecoin to reach the price of $1 because the supply is too much.

Quote from: debra on May 05, 2024, 11:05:45 AM

Quote from: de_prof on May 04, 2024, 11:26:29 PM

I agree with your opinion, if you want to buy bitcoin for the future, then you should buy it when the price is still low. but currently the price of bitcoin is high. Maybe at the end of next year we will experience a bearish season, at that time you can buy bitcoin at its lowest point and hold for the long term. because the price of bitcoin will be more expensive in the future.

You're right. Current price is quite expensive but it doesn't mean we are impossible to take profits. If we just invest for a short term, it is okay to buy now. But for the long term holding, it is better to wait for the next bearish season. Just keep the funds for buying in 2026-2027, it is probably the time for bearish season. Not sure whether the price will be higher in 2028-2029 but if there is no change, the scheme will remain the same as the current season.

It is good to invest in short term and long term as the market is favorable for investment now. We know our upcoming bull market is right around the corner and we've been going through a bitcoin halving for quite some time now so we're definitely preparing for a bull market. So, if you have the money to buy Bitcoin from the current market position, you can buy Bitcoin and hold it for a short time, but you can hold it for a long time and you can make a lot of profit. I would never say wait to hold long term I am here asking you to wait until 2026 and 2027 I would never say wait that long I would definitely recommend buying bitcoins now and sell when the market starts to move aggressively and make new ATH. I can suggest. Then you can wait to buy much lower by selling.

Bitcoin price movements will indeed increase when demand is higher, this is all due to the influence of the supply of bitcoin which is running out and becoming more difficult to obtain so that will make the price of bitcoin increase. What we need to do is keep buying bitcoins and after that you can keep them for quite a long time and enjoy the profits that will be obtained from holding bitcoin.

Quote from: babo on May 14, 2024, 02:31:01 PM

in any case I wanted to add that Ethereum is not the only thing you need to keep in mind
Optimism and Arbitrium are also worth keeping an eye on and taking into consideration as they significantly lower the load on the network and offer transactions at significantly lower costs

Optimism and Arbitrum are indeed solutions to Ethereum which has high transaction fees. However, I personally still have Ethereum for long-term investment, that doesn't mean that Optimism and Arbitrum are bad. But this is because Ethereum is my favorite coin, which I believe Ethereum will have a high price when bullish after the Bitcoin halving some time ago.

I think having these two coins would be better, Ethereum and Arbitrum have the same potential, both have high demand in the market and there is a possibility that the price of both will rise. If we talk about usage in society then Ethereum is indeed higher. But it all depends on your choice.