/biz/ - Business & Finance

>>29132833
PULL OUT
PULL OUT

>>29132833
AHAHAHAAHAH eat fucking shit ETH

>>29132833

I unironically moved my Uni into BNB to ride the wave.

Will use proceeds to move back to UNI at the bottom because I predict they will move to the cardano block chain. Don't forget biz.

>>29133319
Possibly. I keep telling people the BNB craze is possibly the death knell for ETH for the simple reason that it’s making it abundantly clear that it can’t do what it sets out to do. I think it’s going to have a really negative effect on ETH and people just keep calling me an idiot because “muh ETH all time high.” I think Cardano might actually be benefiting from this greatly and I’ll definitely be checking it out because I’m not keeping my money on BSC in perpetuity. Also fuck ETH, it had 5 years and didn’t improve the proper issues.

>>29132833
ETH deserves it. Piece of shit.

>>29133733

Exactly. Constant hype about Eth and it simply isn't delivering.

Now Cardano is the king of making promises BUT their ERC20 converter is amazing, it works, and I think they rolled it out at exactly the right time with smart contracts just around the corner in March. When the BNB hype dies down ADA and DOT are going to starting eating to ETH.

I don't eth will die totally but it's going to take a huge hit

>>29133319
Shit im wondering if i should do the same

>Half the volume of yesterday already
>the day is only half over
I hold CAKE but weak fucking FUD lol

>>29133990
ADA price predictions by April?

the ETH miners will soon vote for lower fees proposals or they wont make any money anymore. in a way competion plays out well here.

assuming anyone is even trying right now to convince them.

>>29132833
It will be less than a week and BSC will have all the liquidity. It is a vacuum and it is drinking up all your fucking milkshake

>>29133319
>>29133733
You guys think ADA will win over DOT ?

>>29133733
ETH did exactly what it set out to do, and people have always known it can't scale well. The reason every ETH killer has failed is because they haven't actually done anything they claim. Everyone shitting on ETH for taking too long to release 2.0 forgets that projects like ADA still don't have smart contracts and AVAX with all it's promises broke immediately. BSC is riding the same wave AVAX had 2 weeks ago as people hop on ETH killer to ETH killer. Maybe BSC will really do it, we'll see. But its also centralized dog shit and people don't trust Binance.

>>29134321
DOT isn't competing with ADA. You don't build smart contracts on DOT

>>29134339
they will hop back to AVAX

I sold all my UNI when they went with optimism instead of arbitrum

>>29132833
It's 9:30 here. Burgers just waking up retard.

I panic sold all my uni and put it into BNB last night at 1am. Feels good to wake up knowing i made the right decision.

Looooool, trannies btfo

>>29134183
kek I entered to post this, what a retard

>>29134190

Depends on a lot of aforementioned variables. Assuming bitcoin goes to 100k-150k ADA could be looking at $3-4 by the end of the bullrun. If there's a sudden swarm of tokens that jump to ADA, maybullring.

>>29133990
It will never completely die because there will be deluded bagholders like there is with anything. I’m still interested to see ETH 2.0 desu, but it doesn’t sound like it’ll be nearly enough.

>>29134321
Not competing like the other anon said. I think it’s a really good buy though long-term.

>>29134339
Fair enough. I do think. Cardano is looking like a much better investment atm though. I would not be buying ETH for anything other than utility at the moment.

>>29133733
why is eth then the only chain with enterprise interest?
having centralized blockchain defeats the whole purpose of it
that’s why banks don’t want to use xrp because the gain nothing from it
the already have fast reasonably secure ways to transfer money
being the fastest most centralized chain doesn’t mean anything
and i don’t defend eth here, the fees are outrageous and the constant delay proofs that they have not figured out how to scale eth securely yet
but that doesn’t make bsc better or good
thats the same as saying nano or tron is great just because they are fast and cheap

>>29132833
>volume drops
>gas prices drop
>ETH chads get to trade ERC20 cheap
>BSC cels get scammed by the chink
BASED

>>29134321
I bought both. Fuck Binance and fuck ETH.

>>29134190
$1.60 perhaps. I think a lot of people will dump on the news of product launches (smart contracts etc) which will suppress price but overall the trajectory is up this year.

>>29135761
As a former $BIGBANK enterprise software dev who worked on an eth project in 2017: momentum. These ships turn very, very, slowly. The elite "innovative technology" teams even are like 2 years behind startups in most cases.

Why don't they get their lunch eaten left right and center you ask? The force to bear they can bring is absolutely absurd. People will happily and openly let these enterprise agents fuck them raw, because they trust the name and rep.

>>29134559
Honestly looks like a decent bet right now.

>>29135337
>maybullring

Sorry, cellphone posting. Maybe more if a couple big coins make the jump.

>>29134339

I've actually become more bullish with cardano over time. I don't think they would've released and publicly tested the ERC20 converter unless they were confident that major developments were around the corner.

People like BNB because it's cheap and dirty but they don't trust it long term. If ADA can deliver some milestones they are super wel positioned. It's a big IF though.

>>29135290
>>29134183
24 hour volume is down 23%

>>29133010
OHHH NONONONONONO

>uniswap volume down
>Try to do a swap at 125 gwei
>still $37 of gas

LMAO

>>29133010
Kek, what's more fair than 1/1000th the fees?

>>29132833
There is still one gem left on it though: Bird.Money. $10 million market cap looking to get into the lending industry. Also are going to be providing their own DeFi trust score. Take a peek and DYOR!

>>29134339
Don't even compare the BSC hype to the AVAX "hype", that lasted like maybe a week tops and is not even in the same ballpark of being comparable. AVAX didn't have its swap overtake Uniswap in daily volume, doesn't have over 10 billion locked in value and nor did it have tons of projects in its ecosystem pull 10-20x's or more in the last month

>>29135766
>"trade ERC20 for cheap"
>will still be over $25 in transaction fees while BSC costs pennies

The absolute fucking state of ETHcucks

>>29136615
BSC is a centralised piece of shit that was taken offline by its owners yesterday

>>29136882
no it wasn't. look at this cnn bullshit low iq faggot. binance exchange temporarily stopped BSC withdrawals from the exchange. the network didn't go down. you fall for the most stupid fud. you're an unthinking animal. stop it. use your fucking brain

>>29135761
Look into EGLD, you won’t regret it.

>>29135761
BSC is definitely not good, but it’s cheap and that’s all people care about atm. As other anons said people seem to care about ETH because it’s the only game in town. As soon as that changes I think you’ll see people look elsewhere. Nano and Tron are memes desu and are accepted as such. Nano actually gets some recognition but I’m not sure it’ll ever amount to anything. Who knows though, maybe early Raiblocks investors will be our future overlords.

>>29137005
it's still controlled entirely by binance

>>29133733
But from whom will binance copy then? Innovation happens elsewhere, chinks just copy it

>>29132833
This is crazy.
How did the ETH team drop the ball so hard? Good riddance, though.

>>29137136
Holy shit what's the potential price growth on this? Seems super valuable

>>29132833
Rubic is going to take Uniswap's place by the end of the year.

The doctor will arrive shortly

>>29137704
Even if they do, we will still have to pay the outrageously gay fees to on-ramp onto the L2 system, in theory, but once you're on you can trade at low fees forever until you take them back to ERC. Just more purchasing taxes on ETH kek. If rubic succeeds they will definitely steal the uni spotlight, and if people are using L2 for their swaps it could actually fix the gas issue somewhat by removing strain from the system, since Uni is one of the biggest strains on ETH

>>29132833
Good. Fuck commieswap.

>>29138009
This unironically. Fuck those gay unicorn faggots, let some based Russians in instead

>>29138009
but guys, real uniswap has never been tried

Can so eone explain why the Binance tokens took off? I don't understand what they do, can you trade your erc20 coins on their network with lower fees or is it a totally different platform and if so why do people want to use it.
I read this but I still don't understand why I should care:
academy.binance.com/en/articles/an-introduction-to-binance-smart-chain-bsc

>>29137704
>>29137815
How new are you guys to crypto? Rubic isn't taking over Uniswap lmao

>>29138708
They have a BEP20 chain BSC that is basically a better version of ethereum for the purpose of engaging in defi. less fees. so all the uniswap activity is jumping ship and the defi bullrun is unironically popping off on BSC instead of ETH. they were too late and BNB picked up the slack. to the moon. ETH's moonride now belongs to BNB this bullrun.

>>29138875
pancakeswap is the new king

>>29137608
I’ve seen a theory that Vitalik knows ETH can’t scale, so he’s sort of intentionally moving slow in hopes that people naturally jump ship to other chains. He doesn’t want to get suicided for coming out and telling people they put their money into something that they figured out literally cannot do what they market it to do, and at least they can blame competition for beating them to the spot this way. Probably not true, but potentially interesting when you consider all the people who said ETH absolutely cannot scale to what it needs to for it to work properly.

>>29136615
They shouldnt be compared. AVAX is unironically the future, PNG went from 4$ to 18$ in few days silently mooning. Liquidity is now over 230 Million +100% in the last day. Not too late to hop back on the AVAX train. BSC will dump as soon as AVAX release their update further lowering trading fees and allowing any contract to be forwarded over the bridge.

>>29139217
Do I have to sell my erc20 tokens and then buy their equivalent on bsc20 or is there a converter?

>>29139346
They built for small from the start and after massive adoption, have been painted into a corner. Since they didn't build their foundation properly, trying to accomplish what they need to is almost impossible. Cardano did it right to start over from the ground up, but because so much money was in ETH, they couldn't do that. So they are stuck. they will keep hopium flowing as other chains pass them in tech and there will be a bleed off over time. they will make improvements to eth over time, but you are right, i don't think they can pull off the whole thing.

>>29133010
#FairFi!
1/10 of your $100 gas fees will automatically be donated to Black women who started a business in a disadvantaged community last year.

>>29139483
>any contract to be forwarded over the bridge.
wat

>>29139507
there might be some bridges for some erc20 tokens. I'm not in any right now so haven't been bothered to look, but bep20 is basically the new erc20 and you will be seeing bep20 tokens take off. cake and bake and dodo are bep20 tokens, not erc20. might have to have a more familiar anon pipe in or dyor on erc20 converters. it might be case by case at this time. not sure exactly

>>29132833
I've got uniswap in my wallet and can't get it cos of the gas fees. What should I do.

>>29139650
ETH is dead they didnt scale they had 3 years. They wasted time on muh Raiden muh Plasma now jerking over ETH2 which is literally what Cardano was also trying to do in 2017. Check it: PoS doesnt scale either when you have more than 100 validators.

Polkadot limits validators to 1000. Wow such decentralization.

Only Avalanche consensus scales.

Binance is the NANO of 2017. We are at the end faggots.

BLOCKCHAIN AGNOSTIC