/biz/ - Business & Finance

With 95% of it being scams, it might be the end before it even begins.

RIP gas prices. It’s going to cost $100-1000 for a transaction when the actual peak of the bullrun happens

>>22036046
And the Ethereum network is already absolutely shitting the bed

this is the top

>>22036046
You have to understand that this increase in volume and liquidity is NOT stopping, even despite a lot of people all around complaining about gas fees rising. CEXes are losing traction, now even Coinbase is falling behind Uniswap in terms of daily volume. This is massive, and tells you of the importance that decentralisation truly brings to the crypto space. On a side note, this is why I suspect Coinmetro and XCM which were heavily shilled here alongside Parsiq have been too late and won't be able to moon because it's a CEX in a time where people are looking to avoid KYC regulations.

However, as >>22036613 pointed out, gas fees have become more than worrying. Here's why i'll make a tangent ITT in order to shill Falconswap, which is aiming to tackle on both the slippage and gas fee issues on Uniswap but not only, moving forward as more and more money starts flowing in into DeFi.

https://medium.com/falconswap/falconswap-v1-overview-11af3ec9a26d

If you read this article, you'll be tempted to FOMO in especially while it's below $1. The only redflag about FSW is the anonymous team, which is shady considering the scale of what their solution could potentially bring to the table.

What I would recommend investing in besides FSW is XSN and xDai but I digress. Don't be left behind and invest in the shovels rather than trying to follow the yield farmers. Godspeed

they're up to 250k in gas a day, good for miners but maybe need a layer 2 solution

its tround 2 of the big jew eth train robbery. Just like everybody got wiped out by eth scams in 2017, here they are back again, niggers posting new crash scams as fast as they can. eth is dead. uniswap/eth is just a joe lubin led jewish crime spree

>>22036763
Unironically based post
This is the solution right here, looking at the massive buy orders of 100 ETH and more yesterday should be telling of how important Falconswap is

>>22036763
FSW is the next LINK

Sucks about the fees. It's like TD America back in the day.

No small fish can buy at these prices. Normys are unironically priced out now ..... Like "they" want it to be

This looks like a coordinated FSW shill thread

>>22036735
can someone explain what in the literal fuck is happening? why is fucking gas suddenly becoming an issue? I mean this was supposed to be fractions of a penny per transaction. that was like..never. and god knows how many i had that just sat, i have no idea if i lost that gas or not. yo what in the literal fuck is the backbone of all this shit actually made of? I am an ME, please some knowledgeable CS respond to me

>>22038130
or maybe biz has actual people on it who want to find the next big thing

>>22038184
don't talk crazy, that's crazy talk

>>22038184
nah, obvious shilling

>>22036613
That's why you need to get on Loopring sooner rather than later. The deposit to get your funds on Loopring has to be done on-chain. After you're on, the trades and transfers are basically free.

>>22038062
Exactly. What 22year old normie is going to throw money at crypto if every trades costs $20 in gas alone, when he can open up the Robin Hood app and buy stocks with zero commissions?

>>22038223
you caught us. well done.

>>22036046
How much is gas fees?

>>22036763
Good give a thumbs up for mentioning XSN. Fudders have been annoying as fuck lately.

>>22038445
The gas market is a free market. We don’t need or want poor 20 year olds gambling on shitcoins. We have rich 20 year olds gambling on shitcoins who believe in the promise of this tech.

Let the zoomer morons on robinhood rot and miss out on life changing gains.

>>22038739
Absolutely this. I don’t mind gas fees as they currently are. Once they’re consistently in the hundreds, maybe we can talk about it as a problem, but I couldn’t care any less about paying $20-$30 per transaction. Let those of us with real money in the game get our bags filled before the floodgates open and the normies truly arrive.

Where is this liquididty for? Sushi yam? yfi?

>>22038971
>Sushi
Sushi

>>22036763
nice post anon

>>22038130
FSW is unironically 100% needed for Uniswap. Who doesn’t want to save 60-80% in gas fees? Do some research.

>>22036763
Falconswap is the key to this burst of volume. It’s really a no brainer. I’ve been telling biz to buy these last few days. Total # of wallets is skyrocketing.

bump

>>22036763
the project is interesting because I was thinking about doing something like that, but it looks like gas savings are very small
also, this token distribution is horrendous