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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


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28794245 No.28794245 [Reply] [Original]

COPE
COPE
COPE
COPE

>> No.28794425

the coin of the future they said lol

>> No.28794541

>>28794245
>>28794425
You can use L2 and the fees are free. What are you idiots even doing?

>> No.28794548

>>28794245
Start using binance smart chain and pancake swap you faggot

>> No.28794585

>people are willing to pay absurd amounts just to interact with ETH
>poor faggots who kept fudding are now entirely priced out
HAHAHAHHAHA

>> No.28794601

lmao what kind of thing costs 200 to sell or do anything with? what a scam

>> No.28794673

>>28794245
Lol just use Pangolin dex on Avalanche. Fees are basically zero and it has all the Uniswap coins.

>> No.28794710

I'd prefer investing on a scam coin than that lol

>> No.28794729

Yeah it's been like this for weeks eth should be plummeting to zero.... why isn't it?

>> No.28794730

At what point does this become an illegal extortion racket?

>> No.28794739

Ether is absolute dog shit

>> No.28794741

It's only going to get worse for 2 years.

>> No.28794766
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28794766

>>28794585
this won't age well

>> No.28794823

>>28794245
ADA will save the day in 5 - 6 weeks. Uniswap is being ported over to ADA as we speak.

>> No.28794830

>>28794729
People keep using it anyway.

>> No.28794840

Investment in eth is so dumb
No wonder why there are so many fucking retards around giving up free money

Just give it to me, you pieces of shit

>> No.28794854

>>28794245
IOTA is the only way. The only one

>> No.28794867

ETH is still alive?

>> No.28794874

>itt: brainlets that missed ETH
Cope harder fags. Your eth killers won't do shit.

>> No.28794879

>>28794673
https://app.pangolin.exchange/#/swap
It literally looks like uniswap but without retarded fees.

>> No.28794890

>>28794245
ETH is bullish because of this

>> No.28795002

>poorfags priced out of the network
based. rich people love using things that poorfags cannot touch

>> No.28795038

Expanse is launching a exp-eth bridge soon. Fees are less than a penny. Buy EXP and EGG and get rich

>> No.28795094

>>28795038
You’re late
https://app.pangolin.exchange/#/swap

>> No.28795190

>>28794729
UNISWAP and miners.

>> No.28795263

>>28794874
Yeah your high fees won't either

>> No.28795302

>>28794890
???????????
that's like the OPPOSITE of bullish, cashing out will be a pain in the ass.

>> No.28795312

>>28795190
>>28794830
I think if Binance had world wide access BNB would be replacing it right now

>> No.28795356
File: 170 KB, 1000x500, AVAXETHBRIDGE.png [View same] [iqdb] [saucenao] [google]
28795356

>>28795038
You're late

>> No.28795442

>>28795302
Means ETH is so good people are willing to pay that much. Like a club with a huge line out the door

>> No.28795458

>>28794729
People are buying all the ETH killers like crazy

>> No.28795542

Honestly, this is only a problem for poor fags. When my transactions are 5k each. 200 doesn't seem like that much

>> No.28795577

>>28794601
kek Its actually pretty hilarious if you have a 30+ ETH stack and never open trades for less than 1.5 ETH ... I paid 0.1 ETH to sell PLT last night and still made a profit

>> No.28795634

>>28795542
You're an idiot

>> No.28795647

>>28795542
>room temperature IQ

>> No.28795673

With 5k Transactions, the amount doesn't care.

With the AEB we have more oportunities bois.

>> No.28795745

>>28794673
Is pangolin legit? Will I lose all my tokens and didnt avalanch start crashing after a double spending bug? Uniswap might be expensive but funds are safu

>> No.28795795

>>28795577
Based

>> No.28795886

>>28795542
>paying about 8% off the top for every trade isn't a lot
Retard.

>> No.28795920
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28795920

>>28795542
>paying 200 for a 5k transaction
>4% fees
Might as well go back to using a bank then, seeing as how much of a poorfag you are. I spit in the faces of poors

>> No.28795959

Eth 2 soon bros.

>> No.28795997

>>28794729
Nobody cashes out so the price stays high, duh

>> No.28796027

I don't get it, how do you get these "gas fees"? All I do is buy eth and sell it off later, maybe had to pay 2 euros to transfer it to my wallet...

>> No.28796161
File: 3.51 MB, 432x480, 1612944127811.gif [View same] [iqdb] [saucenao] [google]
28796161

>>28794541
>you can fuck a prettier girl and have great sex, why don't you do it?

>> No.28796168

>ETH is overvalued. It is digital oil and only use case is paying for gas. But smart contracts can be done for only cents worth of ETH, thus there is no demand nor much use for it to be high value.

>ETH is overvalued. Gas costs too much. Everyone needs shitloads of ETH to do their smart contracts. People constantly need to buy more ETH just to pay for swaps. This thing shouldnt have such a high marketcap.

ETH FUDers have really put themselves in a corner here.

>> No.28796189

>>28796027
Swapping shit coins = high gas fees = higher price than simply transferring to a wallet which doesn't use much gas.

>> No.28796237

>>28795920
Bank fees are set, not completely arbitrary numbers generated out of Vitalik’s Ass.
That kid is catching a RICO case if he doesn’t fix it soon.

>> No.28796284

>>28796161
That's a man

>> No.28796287

meanwhile im making a killing mining
gotta love it

>> No.28796412
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28796412

>>28795959

>> No.28796450

Are there coins that can actually be used as currency and aren't just another "token for IoT/music streaming/dental care"?

>> No.28796470
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28796470

WOW BRO YOU AREN'T WILLING TO PAY $1000 FOR A GAS FEE HAHA WHAT A POORFAG HURR HURR

>> No.28796508
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28796508

Just wait until everyone switche to better alternatives. No sane individual or company will allow this farce to last for far longer especially now that actual solutions have been implemented. It'll take a little time and the transition won't be done smoothly, but I truly believe that ETH will be abandoned and left behind unless 2.0 comes out sooner rather than later.

>> No.28796619

>>28796470
>mesuring tx fees in dollars

hey retard when cardano hits $3k you will have the exact same problem LMFAO

>> No.28796681

>>28794245
Lol just lower the gas fee. TX will go through.

>> No.28796682
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28796682

>>mesuring tx fees in dollars
>hey retard when cardano hits $3k you will have the exact same problem LMFAO

>> No.28796721

>>28796027
By not using it as BTC-like currency but for smart contracts (the thing it was made for).

You're basically eating flowers. Yes you can eat them, but that's not the intended use case of flowers. Current Ethereum is something that fails at its usecase, since ETH shouldn't be valued for anything than it's gas feature.

>> No.28796726

>>28796450
People usually want the opposite.

Tokens that actually do things have enterprise business use cases. Thats how you get big investments.

Coins that are just for the lulz currency are memecoins and monopoly money. Might as well buy hoge

>> No.28796757

>>28796450
monero

>> No.28796794

>>28796619
>when Cardano hits $3k
Did you fucking fail first grade math class you absolute fucking retard?

>> No.28796822

>>28794541
>Loopring will make your ETH disappear for FREE
No thanks bro

>> No.28796835

Not even worth trying to swing or take profits the fees are so ridiculous

>> No.28796861

i guarantee that this whole thread is noobs from 2020
high fees are a sign of adoption, idiots

>> No.28796931
File: 764 KB, 1440x2960, Screenshot_20210214-172644_Binance.jpg [View same] [iqdb] [saucenao] [google]
28796931

shitcoin

>> No.28797003

>>28796861
>a lot of people moving to your town is a sign for how great your town is
Yeah, great, but it also means the town is doomed

>> No.28797041

>>28796470
Imagine willing to pay more than 1k on just fees

I wonder who's the brainlet here

>> No.28797074

I remember when stocks used to cost $200 per trade
Oh wait no I don't

>> No.28797098
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28797098

>>28796161

>> No.28797115

solved by ALGO.

>> No.28797190
File: 177 KB, 500x514, DA59E8D0-7CF4-48EB-B462-3D69DC3474D6.png [View same] [iqdb] [saucenao] [google]
28797190

I think an equilibrium will be reached and ETH will become an oscillator.
Obviously this isn’t great for long term investors.

>> No.28797359

>>28797003
except you're talking about a city, which is the only one with not one by several skyscrapers built that reduced per block cost by ~100x
how can you faggots even shill EKs if all of them will have even worse problems with blockspace demand having never dealt with them AND not having any l2s?
like you faggots know that l2s exist?

>> No.28797375

>>28797074
Not sure if this analogy is so strong, since there is a monetary entry barrier for many financial instruments

>> No.28797380

>>28794854
>muh refuugees

>> No.28797455

>>28797041
retard READ WHAT I SAID AGAIN RETARD THE FUCKS WRONG WITH YOU

>> No.28797616

>>28796794
>this crypto will never go to x because the marketcap would be Y DURRRRRRRRRRRRRRRRR

if i had a nickel for every idiot that told me it was impossible for bitcoin to hit a certain number i'd be rich

>> No.28797619

>>28796161
Bros, I love women so much holy shit.

>> No.28797722

>>28794729
It will eventually, there are several different platforms going for its throat right now. ADA, ALGO, DOT, etc. All desperate to take its place with better tech.

>> No.28797820

>>28796619
>when cardano hits $3k
this guy knows

>> No.28797851

>>28797616
>if i had a nickel for every idiot that told me it was impossible for bitcoin to hit a certain number i'd be rich
king of shitcoin vs absolute shitcoin

>> No.28797896

>pricing their own bagholders out of exiting the coin so it can’t crash
this’ll work out great

>> No.28797996

>>28797616
Bitcoin has a market cap of less than $1T
Cardano is not going to have a market cap of $84 Trillion, ever. You fucking brain dead retard. ADA cultists are pathetic

>> No.28798029

>>28794729
We don't really have anything better.

>> No.28798042

>>28794541
Coinbeuro just did an video on loopring and layer 2 scaling solutions. You don't have to pay high transaction fees now. Only niggers sit there and say, "eth is poopy, cause im too dumb to use loopring..." Unipig is coming out next month too so STFU you ada cucks...

>> No.28798047
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28798047

>>28794245

>> No.28798063

>>28794245

Well then just sell it off

>> No.28798066

People who can afford gas fees are unironically going to be the new elite. Poor fag shutter at the thought that they missed out.

>> No.28798162

>>28798029
Binance Smart Chain. How many times does this need to be said? It works right now and there are a ton of plays.
>inb4 muh centralized chain
Yeah, no one cares. CZ isn't going to do shit. If anything it'll guarantee that fees stay low.

>> No.28798251

>>28798066
Even people who can afford it don't want to do it. Even if I was a a millionaire, spending $200 just to swap shitcoins just has a bad taste to it.

>> No.28798269

>>28796470
They try to feel better with themselves when they're literally just burning money

>> No.28798314
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28798314

Will the store of value work on ETH too or is it only possible with BTC

>> No.28798320

>>28796412
exactly

>> No.28798336

>>28797722
They have no ecco system and by the time eth 2 comes out it will be too late for them... 7k developers working in tandem will prove this. It takes developers to make the ecosystem and thats what the others dont have. Out of the bunch not including eth, dot would place second.

>> No.28798377

This is why people are trading it for ETH

>> No.28798494

>>28795634
>>28795647
>>28795886
.t poorfags
and 8% is peanuts if you make 10% the next day

>> No.28798523

>>28794874
We aren't killing it it's killing itself.

>> No.28798607

>>28795312
It does?

>> No.28798660

>>28798494
>fundamental misunderstanding of compound interest, the post
Ngmi.

>> No.28798684

>>28798314
Yes the SoV works. There are plenty of articles out there regarding ETHs SoV.

>> No.28798703

>>28798494
>2% net gain per day
wsb is on the other tab now go play with options poorfag

>> No.28798739

>>28794245
>ETH is royally fucked
false, These gas fees are unironically keeping eth at ATH kek

>> No.28798841

>>28797041
huh? new here?

>> No.28798882

>>28794541
how does this work

>> No.28798968

>>28798251
>This much cope

Just like in august of 2020 it will be rich fags raking in money on defi while poorfags wipe out half their networth on a single transaction. If you can afford ETH transactions right now, congratulations you passed the IQ test. Whales dictate the market and the market doesn't care if your 5 eth poorfolio sits on the sideline.

>> No.28799071

>>28798494
congrats on your 1.2% gain

>> No.28799310

>Smart contracts so anyone can do business without need for third parties
>Has high fees so it's only for richfags who can bribe those third parties or pay for lawyers anyway

Wow, great coin.

>> No.28799546

wonderful site, developed by fellows that use their potential to the fullest !!!! Good luck and prosperity in your business !!!

>> No.28799581

>>28795312
Centralized shit literally defeats the purpose of DApps retard. That that point why not fucking use the normal apps?
Inb4 look at these shell companies running BSC nodes. Fuck off CZ

>> No.28799961

>>28794729
normies discovered ETh as the smart secret alternative to Bitcoin

>> No.28800074

>>28798968

>Richfags rugpulling eachother

You can't be serious : DDD

>> No.28800292

I just want my 35 gwei gas transaction to go through lol. 19 hours....sigh!!

>> No.28800311

>>28794245
Avax is the answer boys.

>> No.28800427

>>28800074
People who could afford to trade and interact with smart contracts in august 2020 were literally printing figures while poorfags were butt flustered on the sideline. I fully expect a repeat of that during the bull market and if you have the money to afford it you have a once in a lifetime opportunity to seal a place for yourself.

>> No.28800478

>>28794673
BONUS BLOCK FAN DETECTED

>> No.28800577

>>28798660
>>28798703
>>28799071
daytrading retards. you just buy and hold. then sell once you reach your target.
if you want to daytrade do it on a cex.

>> No.28800593

>>28800478
What coin will overtake ethereum?

>> No.28800660

I have 2 ETH. Is it time to get out?

>> No.28800675

>>28797619
>Bros I just stuck my weewee in many many women holes
>Trust me, bros
The last time you saw a woman was when your mom locked you in her basement.

>> No.28800680

>>28794541
Loopring is an off chain pajeet scam """solution"""

>> No.28800743

>>28794874
>t. missed Bitcoin

>> No.28800755
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28800755

>>28794245
Cardano for the WIN !!!!!!!!!!! or DOT , or both !!!!

>> No.28800957

gas fees are awful they killed trading but centralized exchange cucks are even worse so I'll just wait it out don't matter how many months or years it takes centralized exchanges ain't crypto ledditorville

>> No.28801348

>>28800755
is haskell actually better
why wont cardano have the same scaling problems in the case of anyone actually using it

>> No.28801527

>>28801348
Haskell may be better, but is less common between programmers. Is more popular java, python or c

And this may be a problem for adoption of cardano unless it let use other languages

>> No.28801536

I made a lot of money on Uniswap, and in my opinion uniswap is the big money maker not binance or whatever cex.
But normies simply can't mentally get past the fees, I don't know why.

I have also seen that normies really like to trade crypto with chickenshit money like 100-300 dollars, and they literally buy the top and sell the bottom, it's not even a meme

>> No.28801538

>>28800427

Rich people are too smart to get rugpulled. If there is no normie money there is no profit for the richfags.

>> No.28801569

>>28798162
Bsc scales maybe 10x more than eth and they have no solution what to do after that. It's just a fork of geth
the truth is that only ethereum has a scaling roadmap that can have any decentralization. Anything else means that on-chain kyc is inevitable, smart contracts with derivatives exclude American addresses, all that crap

>> No.28801711

>>28800593
Guys srsl what is your hedge if ethereum is loosing its narket dominance, dont fuckin tell me that you have never thought about it decreasing below #5 spot.

>> No.28801836

>>28797619
faggot

>> No.28801848
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28801848

>>28794541
centralized shit L2 that isn't even the Ethereum network... bit let's pretend. i'd rather keepmy coins on Binance

>> No.28801891

>>28801348
Im sure Cardano is super secure in part to being written in Haskell, but this means adoption will be smaller than something easier to learn like Solidity. Wont shill but something like Cosmos or Polkadot has a better chance for adoption - Cosmos for their large dev community, Polkadot for ease of use

>> No.28801893

>>28801848
rollups like loopring are on ethereum

>> No.28801933

>>28794729
portable phones communication cost something like 100 dollars per minute in the eighties

>> No.28801938
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28801938

>>28794673
just ise our broken double-spend chain with lying incompetent evelopers

>> No.28801979

>>28801527
https://developers.cardano.org/en/virtual-machines/iele/about/the-iele-virtual-machine/

IELE is being built right now and that'll allow devs to code in multiple languages.

>> No.28801980

>>28800593
I don't think ethereum will totaly be overtaken but I see potential in the blockchain solana

>> No.28802011

>>28801538
t. Newfag who wasn't here in august

>> No.28802015

/biz/ always shits on ETH and BTC because they are salty that no one buys their shitcoins

>> No.28802117

>>28802011

Even normies are not retarded enough to pay $200 for a transaction.

>> No.28802163

>>28801979
>However, the IELE VM is only an order of a magnitude slower than the Ethereum virtual machine
are they fucking kidding me lmao

>> No.28802191
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28802191

>demand is so great that people are willing to spend $200 on a single tx
>this is bearish
You're not very bright.

>> No.28802208

>>28794245
bullish

>> No.28802226

>>28802163
It's a VM though, so thats expected no?

>> No.28802262

>>28801569
>the truth is that only ethereum has a scaling roadmap that can have any decentralization
really? whats the concept? is it what polkadot is already doing?

>> No.28802274

>>28802226
that's what smart contracts use

>> No.28802357

>>28801893
when you use it you are on a different network pretending it's ethereum.

>> No.28802409
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28802409

>>28794729
Practically the only *other* crypto option on Robinhood - it's the reddit GME crowd who cannot afford 1% BTC

>> No.28802413

>>28802191
its incredibly bearish they are permanently turning off adopters

>> No.28802497
File: 36 KB, 948x506, Screen Shot 2021-02-15 at 12.32.39 PM.png [View same] [iqdb] [saucenao] [google]
28802497

COPE
COPE
COPE
COPE

>> No.28802634

>>28798882
Download Loopring if you have android. iOS coming next month. Otherwise more L2 solutions are launching this month.

>> No.28802679

>>28801891
Cardano uses Solidity via KEVM, Haskell, Javascript to Haskell via Marlowe DSL, and blockly graphical user interface to Marlowe DSL which is drag and drop for financial instrument smart contract creation. Cardano will also allow developers to USE ALL MAJOR PROGRAMMING LANGUAGES to buid on cardano over the next 3-5 years. That's 25 million developers to solidity's 80 thousand.

>> No.28802714

anybody have a good eth staking guide for beginners?
i ended up having 32 due to trying to buy degenerate shitcoins but have no understanding of anything

>> No.28802744

>>28802262
Rollups on sharding, polkadot isn't doing it.
Sharding alone is basically a network of sidechains, it sucks for anything but transfers. Rollups leverage shards as an invisible (to the user) scaling solution.

As for decentralization, Polkadot is a variant of DPoS (NPoS) with all its problems (very few validators, known identity)
>>28802357
Rollups put all of their data on ethereum and their security is equivalent to that of ethereum

>> No.28802754

>>28800680
ngmi. Do you even understand how zkSNARKs work? Your funds are safu.

>>28801848
We've already been over this in another thread. No it's not.

>> No.28802764

lmfao fucking fags swinging on dexes
the only point of cexes is intra-day trading, if you do it outside you are a retard, and if you hold tokens on a cex you are a retard
why is everyone so fucking retarded

>> No.28802817

>>28801848
Read this https://vitalik.ca/general/2021/01/05/rollup.html

>> No.28802845

>>28802714
Are you computer literate? If not your best bet is just using a staking service. Check out beaconcha.in for a list.

>> No.28802849

>>28802764
fucking this

>> No.28803078

>>28802845
>Are you computer literate?
probably not but what if i am or know a guy

>> No.28803079

>>28794729

because these transactions costs are nothing for whales that move hundreds of thousands or millions around. ETH puts everyone into one big playground and we are all small fish.

>> No.28803126

>>28802744
so much this.

many fags have no idea what theyre talking about. roll ups are the true scaling solution. ETH doesnt even need sharding to scale to 500TPS

When uniswap launches rollups in v3, its GG eth killers

>> No.28803194

>>28801348
Cardano is operating at 150 TPS right now vs Ethereum's 5 TPS. So Cardano is already 30x more throughput. Cardano's base layer will reach 1000 TPS with tuning (200x more throughput). Hydra will scale Cardano into the multiple millions of TPS. No problems scaling cardano, it was built to do this smoothly and with less complexity than what ETH 2 is trying to do. Just a more elegant system design overall

>> No.28803299

>>28798042
based.

>> No.28803356

>>28801569
>the truth is that only ethereum has a scaling roadmap that can have any decentralization.
a complete lie

>> No.28803394

>>28803194
none of this matters. Look up metcalfe's law

>> No.28803438

>>28803194

Cardano currently already has the same
Transaction amount as of ethereum, the network is not even loaded 1%

>> No.28803480

>>28802744
>their security is equivalent to that of ethereum
not even close pinocchio

>> No.28803487

>>28796284
Sierra Skye on insta

>> No.28803514

>>28803194
>150 tps
That’s cute.

>> No.28803556
File: 8 KB, 234x215, 45092D70-6771-414C-8300-6A2A42CA3668.png [View same] [iqdb] [saucenao] [google]
28803556

Look at the transaction volume of the chains

>> No.28803559

>>28803126
I suppose the only risk is that something like bsc become
>>28803194
>Cardano is operating at 150 TPS right now vs Ethereum's 5 TP
You're putting those numbers out of your ass, cardano is only about 3x more scalable than ethereum for transfers.
Their claims about smart contracts are purely theoretical, but here https://developers.cardano.org/en/virtual-machines/iele/about/the-iele-virtual-machine/ they admit cardano is 10x worse than ethereum
>Hydra will scale Cardano into the multiple millions of TPS
It relies on state channels which don't work in practice. They require every single participant in something to be online at the same time and then they interact off-chain. That's the opposite of actual use patterns.
>>28803438
Cardano does about 25k transfers per day.
https://cardanoscan.io/
That's less than loopring alone (40k transfers and trades)

>> No.28803661
File: 60 KB, 600x580, B6DAD4C2-8C31-464C-B645-B3ADA951A865.jpg [View same] [iqdb] [saucenao] [google]
28803661

>>28803394

>> No.28803691

>>28801711
buy more

>> No.28803870
File: 11 KB, 180x180, 809AAB41-5D4F-4581-991A-454C7610585B.jpg [View same] [iqdb] [saucenao] [google]
28803870

>>28803514
with tuning 1000 TPS also cute. with hydra millions of TPS, cutest of all

>> No.28803956

>>28803078
bad idea. If they have the keys they have your funds.

>>28803194
>imagine thinking TPS is the problem
Do you know what happens when you have millions of TPS? You chain gets so bloated with data it can't do shit. This is why ETH is tackling data bloat instead. TPS is meaningless.

>>28803356
Learn what a rollup is and how it fits into Eth2.0. I won't spoonfeed you.

>> No.28803957

>>28794245
Different kind of ((((exit)))) scam

>> No.28803990

>>28794541
Okay so explain to me how I remove liquidity from uniswap without a gas fee like i am a retard please

>> No.28804183

>>28803990
There's an initial fee to move to L2. If you get in early, some services are waiving this fee completely. There's currently L2 <-> L2 bridges being built that will make it so users will never even need to transaction on L1.

>> No.28804338

>>28803559

LETS GET THIS STRAIGHT -

IT

IS

ALL

ABOUT

HYPE


ride it - profit from it and laugh about others who take it to srs like you.

>> No.28804604

>>28803126
>When uniswap launches rollups in v3, its GG eth killers
does this mean eth 3.0 even though 2.0 still seems like a pipedream?
how do i read about rollups i cant comprehend how they could possibly work. i assume its like a condensed group of transactions consolidated into a tiny entry on the main ethereum record, but that seems impossible to my low iq brain

>> No.28804663

>>28794766
it actually will lmao
it doesnt matter if retailers cant afford the paywall to make insane apy you can beta test new chains (that probably wouldnt actually scale that well if they had the same user base) institutional people will still use eth as long as APY is over 8% because its safe its literally almost a settlement standard at this point and anyone with a brain already 300-1k eth they bought for super cheapand dont think in terms of usd thats why hashmasks are gonna be huge too while normies cant fathom spending 2-3k on an nft lmao

eth has the most human capital and dedicated devs of any project imagine shorting the frontrunner global settlement layer

>> No.28804736

>>28804604
Uniswap v3, not ETH v3.

Rollups: See ->
https://vitalik.ca/general/2021/01/05/rollup.html
https://vitalik.ca/general/2021/01/26/snarks.html

>> No.28804754

>>28794823
give me a fucking source

>> No.28804802

>>28797619
dilate

>> No.28805019

>>28804604
this has it all: https://research.paradigm.xyz/rollups

Its well established idea right now in eth community that L2 rollups is the best scaling solution. Eth2 is not required for rollups, it can be done on Eth1 chain,

The other torpedo most plebs dont understand, they are adding eth1 state finalization to the beacon chain. This means that eth1 will transition fully to eth2 without sharding. will probably happen in next 12 months, its alreay in alpha

>> No.28805029

>>28804754
no it wont lmao
cardano is just a masturbatory flex project
itll never get a good number of devs because because no one will take the time to learn haskell
that being said it will pump beautiful source code and hoskinson is chad but it will never get the human capital eth has

>> No.28805079

>>28803559
You need to watch this.
>https://youtu.be/gpSnyCn2s9U
As to your comment on state channels, pure ignorance. It will be fun to see what you say when Hydra is, in fact, working in practice.

>> No.28805510

>>28805079
>As to your comment on state channels, pure ignorance
not an argument
they just want to use staking nodes as hubs for channels, it's a copy of LN with smart contracts. It's what people thought scaling would look like in 2015. It doesn't actually work in practice as evidenced by the failure of LN. The only way for a normal user to even use LN is to use a custodial wallet.

>> No.28805574

iota

>> No.28805581

>>28805029

Thats a cope u know it. Eth 200$ gas fees its done bro.

Say welcome to cardano.

>> No.28805643
File: 57 KB, 594x439, D4358D0D-0C04-41F8-AB27-06D2242AF250.jpg [View same] [iqdb] [saucenao] [google]
28805643

>>28803956
>Do you know what happens when you have millions of TPS? You chain gets so bloated with data it can't do shit. This is why ETH is tackling data bloat instead. TPS is meaningless.
No shiiiit anon. Imagine pretending that Ethereum is unique in knowing about this and working on this. Cardano is tackling data bloat anon.
> https://youtu.be/M67Z1d-sUug

>> No.28805820

>>28805643
Cool. So you admit TPS doesn't matter. That's my point.

>> No.28805825

>>28794245
literally the soal reason I don't look seriously into crypto

>> No.28805829

>>28805581
cope is not having at least 100 eth and having to put your hopes in an eth killer which is retarded
i have a big cosmos bag because its a good project i already know cardano is limited in what it can accomplish because it wont attract very many devs

>> No.28805994

>>28805581
You realise midwits said this about BTC when it reached $100 fees during every bull market right? Most of the tokens in the top 100 are built on Ethereum. Show me a single dapp built on Cardano that is worth anything? Oh you can't, says it all. Poorfags being filtered by fees is economically advantageous, the sooner you realise this the better.

>> No.28806109
File: 13 KB, 229x220, 1AF91786-98AF-4F8C-BB9B-E95053CE2EE3.jpg [View same] [iqdb] [saucenao] [google]
28806109

>>28805029
>itll never get a good number of devs because because no one will take the time to learn haskell
oh dear anon, you don't know.
Cardano - Multiple Programming Language Support for Smart Contract Creation
>https://youtu.be/k8a6tX53YPs
>Solidity (Devnet Live currently)
>Haskell Plutus
>Javascript to Haskell Marlowe DSL
>Graphical user interface to Haskell Marlowe DSL
>C
>C++
>C#
>Javascript
>PHP
>Swift
>.NET
>Objective-C
>Rust
>Scala

>> No.28806118

>>28805994
this lmao
ive probably spent like 5-8k on gas fees this year but it doesnt matter to me because the APY is so high

>> No.28806192

>>28805820
not really. 1million TPS through hydra isn't something that can just be brushed aside

>> No.28806321

>>28806109
thats a start but literally 99% of solidity devs dont follow or know anything about it, what im saying is literally general sentiment if they make it easier to participate it could change

>> No.28806420
File: 12 KB, 258x245, 354deaa3770912621bb816da070346ab[1].jpg [View same] [iqdb] [saucenao] [google]
28806420

post YFW you realized ETH is going to be a heavy bag to carry and the next crypto silver is BCH

>> No.28806565

>>28797619
ngmi.

Nothing sucks your net work like the eternal woman. Pee pee sucking does not off set net worth sucking

>> No.28806606

>>28806192
Yes it can. Since TPS is meaningless until someone can truly solve data bloat (not just with bandaids). Congrats if that's ADA but right now ETH researchers have been crushing it.

>> No.28806613
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28806613

>>28806109
Anon, just let them believe that Cardano dapps have to be written in Haskell. It makes them feel less nervous.

>> No.28806677

Want to pay low fees?

>Digibyte

>> No.28807534

ETH is going to 10k EOY.

>> No.28807809

>>28794729
People who just trade on Binance to speculate don't care.

>> No.28808313

>>28805994
Bitcoin has meme value. Ethereum is cheap bitcoin. Wait untill normies hear about cardano..

>> No.28808383

>>28803556
those transaction fees are my mining income, back off bro

>> No.28808488

>>28794245
Yeah this shit is a total joke. I'm just holding everything. Fuck these gas fees.

>> No.28808517

you fucking brainlets don't understand that fees are this high only because someone is willing to spend that much

>> No.28809225

>>28800755
Algorand

>> No.28809281

>>28794245
RUBIC IS THE SOLUTION

>> No.28809585
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28809585

>Want to buy some small ETH to have in case a new shitcoin is in booming phase and I can get in early
>Gas fees are almost a quarter of the transaction cost
Fuck you mining jews. I hope you fags bottoms and you guys get shit.

>> No.28809703

Regular eth transactions aren't too bad. I paid $7 last night.

>> No.28809813
File: 96 KB, 640x426, 000000566923.jpg [View same] [iqdb] [saucenao] [google]
28809813

>>28794245
>Gee I wonder why LTC was created all those years ago.
Yeah, nah, newfags should burn in fees.

>> No.28809879

>>28796168
>people want to use cars
>gas gets more expensive due to high demand
>people start switching to alternatives (public transport, electric cars, other methods of transport, sharing cars)
>gas demand lowers
>price gets back to normal
And that's why ETH is overpriced and has not grown like BTC did. We will not ever see >$2k ETH on a sustainable level because it would kill its use case while competitors offer a superior product (BSC, AVAX)
Either ETH will become the next LTC or ETH 2.0 needs to come out

>> No.28809929

>>28809703
I've never paid that much in a fiat transactions and I have bought a lot of expensive things in my life. How exactly is this making transactions cheaper is beyond me.

>> No.28809987

>>28808517
Exactly, so innovation on ETH will be killed because large players create massive barriers of entry for individuals or even startups to operate on ETH (we've already seen some shutting down)
This is why it's pointless to look for the next x100 on ETH

>> No.28810049

>>28794245
prime example of why i have my pool pay out to an exchange

>> No.28810103
File: 1.84 MB, 2000x2000, 1570011886289.png [View same] [iqdb] [saucenao] [google]
28810103

I'm so glad I can buy link through gemini and then send it to my wallet with no fees.

>> No.28810111

>>28809929
Read the thread. L2. It's here and it's already cheaper and faster than other blockchains. Get with the program.

>> No.28810201
File: 648 KB, 736x627, benjamin.png [View same] [iqdb] [saucenao] [google]
28810201

>> No.28810322
File: 8 KB, 405x150, 1582517111425.png [View same] [iqdb] [saucenao] [google]
28810322

Went to go move a small $300 stack onto a coin I think might go up 50% in the next few hours. Pic related. Even if I get a 50% pump and I turn it into $450 I'll be spending ~$160 to move it in and out. No point. This wouldn't be as much of an issue if I was dealing with $1000's but I'm trading with $100's. And I keep seeing everyone here posting about alternatives but they all smell like curry and I'm not about to hand my funds over to some pajeet faggot. Guess I'll just hold until this stupidity dies down.

>> No.28810444

>>28810111
Alright recommend the best L2 then with the greatest amount of pairs.

>> No.28810536

>>28802015
and ETH unironically moons the more their shitcoins fail kek

>> No.28810583

A question: doesn't this mean that this is the best possible time to mine Ethereum?

>> No.28810742

>>28810444
Currently Loopring is the best. Others are launching this and next month. Their android app is amazing. # of pairs increasing each week and growth is skyrocketing.

https://loopring.io/#/
https://twitter.com/loopringorg/status/1349596597022240771
https://duneanalytics.com/Brecht/loopring

>> No.28810751

>>28810583
yes

>> No.28810822
File: 548 KB, 2048x1366, 1612744760573.jpg [View same] [iqdb] [saucenao] [google]
28810822

>>28794245

Feels good to be a miner.

>> No.28810825

>>28810751
I think I'm going to learn how to do that and set it up at my parents' house. I have a 1080 there.

>> No.28810891

>>28810825
Same, gunna invest in a new rig

>> No.28811068

>>28809879
>while competitors offer a superior product (BSC,
BSC is a carbon copy of ETH idiot. There's a reason you use the same addresses as ETH, the same wallets and that you can use an ETH application on your Ledger to send BSC BEP20 Tokens without any firmware update.
Once enough people migrate from ETH to BSC, the same high fees problem will arise on BSC.
tl; dr it's just a second, parallel Ethereum

>> No.28811223

WHY NOBODY ISNT TALKING ABOUT XRP'S FLARE(SPARK)


>fully EVM compatible no need to learn new code like in ADA's haskell
>not a just literally-who chain like LRC
>not a ghost chain like FTM or any other of those numerous "eth killers"
>has DEFI and all the hypeshit built in to attract everybody like flies
>does not consume a whole lot electricity
>innovative tech, not based on mining or other 2015-tier boomer shit

>> No.28811372

>>28810322
I don't understand.
ethgasstation.info says "fast" costs 286 GWEI
286 GWEI is 0.000000286 Ether
So isn't that like five cents?
I don't understand the units involved

>> No.28811511

>>28794245
high gas fees is bullish dumbass.

>> No.28811874

>>28809929
Freedom isn't free, nigger.

>> No.28811887

>>28794245
You only need that much if youi want it transacted in 5 seconds. If you have 5 Minutes time its like $2

>> No.28811913

>>28810822
I want to start mining ETH. Where can I find mining reward statistics? I want to know if with my electrical providing contract I can make any margin or if it's a worthless endeavor.

>> No.28812055

>>28811913
You're better off buying and holding

>> No.28812099
File: 144 KB, 720x482, memeline.png [View same] [iqdb] [saucenao] [google]
28812099

All I can think is that when eth finally gets repaired or replaced, the GBR will be enormous. Think of the interest in crypto because of the media attention phase- it'll be huge.

But to all the annoying ethfags who insist 'poorfags priced out' is a good thing- this is the kind of problem that causes BRs to end early in catastrophic failure. I'm sorry your investment got fucked by a lazy pedo dev but the reality is that either eth scales/is replaced by competitors or the GBR ends early.

>> No.28812125

>>28794245
yup

>> No.28812329
File: 214 KB, 800x600, vitalik.jpg [View same] [iqdb] [saucenao] [google]
28812329

>>28809929
You WILL eat the bugs.
You WILL live in a pod.
You WILL pay the gas.

>> No.28812450

>>28802015
Nah, PoW coins just scale like shit so it's a pretty good that other cryptos will overtake them in a few years.

>> No.28812511

>>28809987
>This is why it's pointless to look for the next x100 on ETH
Correct

>> No.28812655
File: 47 KB, 398x474, 20210215_163905.jpg [View same] [iqdb] [saucenao] [google]
28812655

>>28794245
PAY
PAY
PAY
PAY
>niggers priced out
WHITE
WHITE
WHITE
>its the color of our sheets

>> No.28812811

Thinking about selling my ETH desu, how is this supposed to be sustainable?

>> No.28812821

>>28794823
source you fucking negro

>> No.28813123

>>28794245
Use Binance smart chain and pancake swap
Thank me later

>> No.28813216
File: 24 KB, 640x791, 1571727452888.jpg [View same] [iqdb] [saucenao] [google]
28813216

>>28803194
>let me tell you why betamax is going to btfo vhs

>> No.28813640

Binance Smart Chain is about to gobble up Ethereum TVL hard. If you missed out on cheap ETH buy some BNB. BNB price target = $1,000

>> No.28813738
File: 750 KB, 1080x2280, Screenshot_20210215-221301_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
28813738

>>28803194
Algo
42000 tps
Feeless
Mint coins at press of button
8%apy
Staking
Micro shares in tesla and apple Microsoft etc
Nda with mastercard
Scalability achieved through test runs in marshall islands
Permissionless

And here everyone is.

>> No.28813837
File: 870 KB, 1080x2280, Screenshot_20210215-223547_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
28813837

>>28813738
Already running usdc usdt for the flip when tether gets btfod
Big announcements with partners about to melt faces

>> No.28814011
File: 493 KB, 1080x2280, Screenshot_20210216-090707_Samsung Internet.jpg [View same] [iqdb] [saucenao] [google]
28814011

>>28813837
Yngmi

>> No.28814352

You had 6 years.
6.
FUCKING.
YEARS.
You called it a scam when it went on presale for 30 cents. "Vitalik is gonna run with the money"
You didn't buy ETH when it released.
You didn't buy ETH when it crashed after the Flippening.
You didn't buy ETH when it went back to $700.
You didn't buy ETH when it reached $1,000.
You didn't buy ETH when it reached $1,500
Instead you buy now that it's $1,800 and complain about the fees, and you're going to sell before it reaches $2,500 for sure.
You had 6 years to be part of the citadel but you missed the train time and time again, even though we wanted you there with us.
You dug your own grave, now lie in it.

>> No.28814449

Just sold my half eth that bought for 200 for 900. Feels pretty sweet.

>> No.28814478

>>28811068
>it's just a second, parallel Ethereum
with a much smaller market cap and much lower fees...

>> No.28814666

>>28800680
lowest iq post of a low iq thread

>>28798882
pick one of loopring, matic, xdai. different levels of security (most to least). loopring has guaranteed exits, meaning you can always get your funds back to ethereum even if the validators go offline or turn malicious

>> No.28814738

>>28814352
shorted the bottom on kraken in december 2018 with 2x. I'll never forget that. fuck meth heads, all hail CZ

>> No.28814868

>>28814352
Lmfao you're gonna get flipped

>> No.28814870
File: 709 KB, 2000x1167, i-plNTi4QvPsgLAKOrLyePeI3epHZxgI1lKABRDLIYQ.png [View same] [iqdb] [saucenao] [google]
28814870

>>28794245
Use honeyswap. I paid $0.002 gas in a transaction this morning.

>> No.28814963

>>28794245
When ETH and BTC stop Correlating SELL SELL SELL

>> No.28815105

>>28798047
This

>> No.28815255

>>28803559
>state channels which don't work in practice. They require every single participant in something to be online at the same
No
Look at the lightning Network. You will have a couple of well connected nodes that will need to stay online (but some can fail).
Users only need to be online to update their channels if and only if they are actually paying something.

State channels only exist between parties where some kind of trust relationship already exists. E.g. bitstamp pays me money with their lightning. There is already KYC going on.

So for the simplified use case payment channels don't work good enough.
For real world application their work good enough

>> No.28815296

>>28812811
Think real aliens unleashed new technology bro

>> No.28815323

>>28814666
No one wants to use shitty L2's sorry. Binance Smart Chain is going to flip Ethereum.

>> No.28815395

>>28815323
No one will trust the chink network

>> No.28815400

>>28794245
So is ETH 2.0 going to solve this with PoS? That's like 3 years away?

>> No.28815443

>>28815255
you didn't get the point, something like uniswap has all liquidity providers interacting with active trades, how is that supposed to be scaled via state channels?

>> No.28815457

Do high gas fees mean it's worth getting into ETH mining until ETH2.0?

>> No.28815512
File: 489 KB, 828x676, 2327e0baa80d3d09cd390b23566856b3.0.png [View same] [iqdb] [saucenao] [google]
28815512

>>28794541
I still need eth to send it to use L2. For me though its fantom

>> No.28815519

>>28794245
KEK ETH BTFO FROM POW TO POS FAILED LMAO WORLDWIDE DISASTER

>> No.28815540

>>28815400
Pos is only a tool to preserve longevity

Znarks
Optimistic rollups

>> No.28815544

>>28794245
I just moved everything out of ETH temporarily for a transaction. I was going to convert back to ETH in a few days but looking at this, I don't think I might. Didn't ETH crash bigly the last time gas fees went through the roof?

>> No.28815621
File: 327 KB, 1914x1081, mammajune.jpg [View same] [iqdb] [saucenao] [google]
28815621

>>28815519
you hold zero Eth don't you?

>> No.28815660
File: 152 KB, 1819x757, TVL comparison.png [View same] [iqdb] [saucenao] [google]
28815660

>>28815395
5 Billion TVL and Growing. I don't think so. Stop being an ETH cuck Maxi.

>> No.28815737

This is all done on purpose. Everyone is getting pissed off at the high fees. Then they will roll out ETH 2.0 and the fees will magically go way down. Everyone will squeal with joy about how great ETH is. We're all being manipulated. Everything in crypto is some kind of scam.

>> No.28815793

>>28805510
>The only way for a normal user to even use LN is to use a custodial wallet.
But anon I'm buying a steam game on jolt games right now with my non-custodial lighting wallet and paying 3cent in tx fee.
LN actually works really well for a complete real world use case.
Buy BTC on exchange.
Fund ln wallet directly via exchange.
Go around and pay cheaply wherever they accept it.
It has the same adoption problems Bitcoin had in 2013. But once bitpay showed up most of it went away.

The moment bitpay does lightning I can finally once again order Pizza.

>> No.28815825

>>28815737
Well they better hurry tf up becuase BSC is taking over.

>> No.28815852

lol, i litterally payed 50 bucks rn , not sure what ure doing wrong fren

>> No.28816063

People not willing to pay fee and rather hodl means bullish.
Less sellers moving ETH to exchanges to sell it.
Buyers don't have this problem since they can just hold in exchange wallet.

>> No.28816141

>>28796861
finally
a man of reason

>> No.28816431

>>28794245
Brillaint FUD right before ETH 2.0. lmao normies gonna fall for this one.

>> No.28816445

>>28815852
>payed
get off my board

>> No.28816471

>>28815323
Or Avalanche, with the Avalanche-Ethereum bridge, ETH network is ROYALLY FUCKED

>> No.28816523

>>28814352
I'm not buying that shitty coin that promises to deliver PoS constantly and it is further than everyone thinks
COPE

>> No.28816612

>paying fees on top of taxes when you cash out
why

>> No.28816697

>>28816431
There is no incentive for 2.0 to roll out when ETH miners are making a fortune.

>> No.28816773

>>28816697
kek

>> No.28816794

>>28815400
This year. https://ethereum.org/en/eth2/

>> No.28816884

>>28794548
>OP) #
Most L2s don’t have any liquidity and good luck trading a brand new coin in them

>> No.28816965

>>28816794
Let them FUD so we can keep accumulating.

>> No.28817048

>>28816612
because epic decentralized currency meme
blockchain bro its epic

>> No.28817146

>>28795002
>...Anon
PNG doesn’t have the new coins. Good luck trading a new coin on that shit

>> No.28817292
File: 209 KB, 1789x980, RmTOwti.jpg [View same] [iqdb] [saucenao] [google]
28817292

imagine selling before 2.0

>> No.28817481

In the old days we just convert to doge and transfer, then trade back

>> No.28817531

>>28815660
and that's 95% CZ pumping his own shitcoin bags

>> No.28817626

>>28794601
At least come up with a new FUD dude.

>> No.28817775

>>28803126
problem is that won't happen for 1-2 years and by that point ada and dot will eat eth's lunch

>> No.28817874

>>28811372
kek
that's why all these threads are bullish
only newfags

>> No.28817921

>>28817626
But is it false?

>> No.28817949

>>28817775
ADA, DOT, AVAX, GRT, plenty of alts

>> No.28818002

>>28816697
This. ETH is centralized. 2.0 won't roll out until the miners get tired of fucking bitches in a yacht

>> No.28818202

>>28805019
i thought it was sharding to 1028 branches that was going to make ETH scaled to 100,000 TPS or some shit

>> No.28818325

>>28811223
Yeah I'm turning most of my eth in spark once it's available for trading

>> No.28818352

>>28818202
no but eth sure is sharting

>> No.28818367

>>28801980
didn't solana's chain come to a complete halt for like 2 days a few months ago?

>> No.28818463

>>28794541
L2 dexes have shit coin diversity. If I wanted to fucking trade link and aave I’d use binance.

>> No.28818814

>>28818463
LINK and AAVE are both on Loopring. TVL has grown from 0 to 250mil in two months. This will keep growing as more people onboard. CEXs will almost always have more liquidity than DEXs.

>> No.28818997

>>28814478
that's the tradeoff for decentralization compared to a centralized project that could be killed as soon as it costs CZ too much money

>> No.28819077
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28819077

>>28813216
let me tell you why myspace has the first mover advantage over facebook

>> No.28819232

>>28816965
accoomulating at ath prices LOL

>> No.28819246

>>28797190
>an oscillator
could you elaborate?

>> No.28819306

>>28798314
>>28798684
i think when EIP1559 comes out and it ends up being deflationary for ETH will the SoV narrative work

>> No.28819328

>>28805510
>thinks btc's shit lightening experience informs on Ouroboros hydra. this is a great exlemplification of mETH bagholder COPE in action

>> No.28819368

So....buy Eth, and get some Algo as a hedge?

>> No.28819445

>>28818202
Nope that was the original theory but in practice its not even required, and sharding to the 64 planned shards only increases to about 150TPS where rollups are 10K + TPs in theory.

Thats why eth fud makes no sense. True scaling is here its a implementation detail

>> No.28819479
File: 674 KB, 1600x900, CHAD.png [View same] [iqdb] [saucenao] [google]
28819479

> Still using ETH instead of Algorand
NGMI

>> No.28819627

>>28815443
hydra heads communicate with each other and all smart contractt logic from the base layer will run in the hydra heads. it is called good design. ypu're looking at BTC's lightning and thinking that tells you how hydra works. that's a mistake

>> No.28819646

>>28818997
Point taken.
But under what conditions do you think that would happen, realistically?

>> No.28819867

>>28819445
ty for the update i've not read much about rollups or when development shifted from shard-focused to rollup-focused
would you know of any reading out there about the shift to rollups i could dive into?

>> No.28819920

>>28819445
also what would implementation entail?
i see there's loopring and i think arbitrum coming out soon but no one seems to be using them

>> No.28820032

>>28819646
it's impossible to say so that's part of the risk of using that chain at all
unless you can somehow swap from eth to binance chain, do transactions there, and then move all the profits back on to the eth chain where i'd feel more secure with having funds
binance does shit like "proof of authority" or some shit which is complete centralization which is part of the tradeoff of crypto
not sure if it'd ever be an issue or not but if it ever languished i could see them terminating the project

>> No.28820194

>>28803556
how the fuck is there 14.83 billion in transaction volume on cardano when they don't even have smart contracts yet?

>> No.28820214

>>28817481
paid 6 doge in fees for 300k
wew