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28938502 No.28938502 [Reply] [Original]

Reminder to get out of ETH and into DOT

>> No.28938523

thanks bro just market sold 500 eth

>> No.28938528

Bullish as fuck for BSC

>> No.28938560

>>28938502
currently proud owner of 0.000035 ETH, get the fuck away from my bag

>> No.28938605

>>28938502
>still holding ETH
Does anyone besides disgusting tourists still do this?

>> No.28938610
File: 103 KB, 1372x1372, Loopring.png [View same] [iqdb] [saucenao] [google]
28938610

>>28938502
Loopring fixes this, along with MATIC. People will opt for ETH sidechains before using other bullshit. People don't realize it yet but you can do everything on loopring that you would want to do on a shitty layer 1 chain, plus it has the security of ETH.

>> No.28938789

If you aren’t all in CAKE right now you are simply not gonna fucking make it anon.

>> No.28938803

>>28938502
Here's the source: https://hackmd.io/@benjaminion/eth2_news/https%3A%2F%2Fhackmd.io%2F%40benjaminion%2Fwnie2_210213

>> No.28938868

L1 scalability with truly decentralized consensus is a myth, the only way other chains push their base layer throughput is by reducing decentralization (usually through delegation, like ADA).
Rollups will deliver low fees while keeping the base layer decentralized. it's the same logic as lightning but much more powerful (especially optimism). thus, innovating the ethereum base layer such that it can support these types of methods much faster is a very reasonable next goal.
neither sharding nor the full eth1 merge are off the table, this is just about prioritizing useful development.

>> No.28938962

>>28938868
your time is up bucko
for crypto to grow boomer coins have to die

>> No.28939260

>>28938502
>>28938803
Vitalik's response as of 2 days ago: https://www.reddit.com/r/ethereum/comments/ljqog6/whats_new_in_eth2_13_february_2021_edition_62/

>> No.28939264

if you havent bought niggercoin, try it it solves all your problems

>> No.28939318

>>28938868
read avalanche paper, it's already in practice

>> No.28939433

>>28939260
how awfully byzantine

>> No.28939462

>>28938868
This is true. However, Optimistic rollup has security sacrifices. Which is why ZK rollup is the long term plan for ETH. Loopring is the way to go for transfers. Nothing is more secure.

>> No.28939519
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28939519

>>28938502
Should I actually sell all of my ETH? I’m worried about the fee

>> No.28939651

>>28939519
Bro use an ATM

>> No.28939680

>>28939519
No lol

>> No.28939738

Everyone who aped in BSC/DOT etc instead of Loopring and Matic is going to regret.

Just check the answer what >>28938610 wrote.

>> No.28939931

>>28938502
Eth was a fantastic pioneer and testing platform for new innovative blockchain tech, but at the end of the day anyone can clone it and do it better. It will never be a store of value.

>> No.28940253

>>28938502
why would you add shit like rolloups and other technically complex stuff (that adds even more overhead) to an existing system when you could just recreate a new and better L1 from scratch?

>> No.28940282

>>28939931
This. It's easily the most overpriced shitcoin in the space by far. This is really just a double digit shitcoin at most.

>> No.28940327

>>28939519
Get out while you still can, that nigger coin is dead as shit

>> No.28940663

>>28939931
same is true for bitcoin but people are paying over $50k for one.

>> No.28940744
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28940744

>>28938502
b-bros will i make it? im holding DOT

>> No.28940837

>>28939931
You are ignorant. There is no such thing as store of value open your fucking eyes.

>> No.28940850

>>28940253
this is an entirely valid question
however, if the question is asked candidly and not with the objective of pumping's one bags, any rational observer can see there is currently no better L1 blockchain. all the current offerings make sacrifices in several areas
the inherent difficulty in building a better L1 lies even beyond the traditional blockchain trilemma. it's more like a challenger dilemma
either you raise a shitton of money through some sort of offering to challenge the network effects of incumbents, and in doing so you inevitably sacrifice the decentralization of your protocol, now and forever in the case of staking-based protocols
or you hope to build a truly decentralized protocol, and not only you have an uphill battle to convert people but you're also fending off the better capitalized contenders above
in the long run, you're screwed either way. your only hope is personal profit, and eventually a recategorization towards a subset of blockchain applications - but PoS systems inevitably imply a downward pressure and death spiral once the speculative mania dies out

>> No.28940921

How cost in fees to move ETH between exchanges (100$ for instance)?

>> No.28941051
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28941051

>>28940921
>$472

>> No.28941192

>>28940663
Okay, so how do you convince all those wallets and nearly 1 trillion dollars to jump into a new 21 million capped coin? You don't. It was first to market and built it's customer base. Now you have corporations tossing 1.5 bn into it and putting it on their balance sheets. Too big to fail.

Litecoin is the only other finite coin (3x btc) that could play second fiddle to btc due to it being the only other similar coin with the same length of existence.
>why do you we need another store of value coin?
Eventually some entities will refuse btc for some political reason. This allows them the option to use the virtually identical litecoin, in these instances.

>> No.28941303

>>28938868
No it's not a myth, Avalanche achieves this.

>> No.28941314

>>28938610
>>28939738
There is no functional difference between using Loopring/Matic or just using another blockchain like BSC/DOT/Avalanche with a Ethereum bridge. In fact there is no reason to care about Ethereum at all.

>> No.28941397

>>28941314
There is if you care about decentralization

>> No.28941544

>>28938502
PAHAHAHAHAHA DOT EFFERIUMS BTFOOOOOO LMAOOOOOOOOOOOOO MY FUCKINGGGGG SIDES

>> No.28941750

Imagine fudding ETH.

>> No.28941920

time to start scaling into eth it seems. the fud is here. fud in december was the signal to buy too and it made me a shit tonne of money when it bounced in january. same thing is starting again it seems. multiple threads fudding eth right now

>> No.28942233

all in on dot

>> No.28942326
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28942326

>>28942233
How does making it sound?

>> No.28942394

ADA and DOT are DOA because of BSC

>> No.28942693

>>28938605
institutions that are slow to move

>> No.28942756

>>28942394
I don't like it, but BSC has a very strong position with it's practically unlimited funding.

>> No.28942812

Ok fudrucker burger boyeeee

>> No.28943035

Matic/Polygon L2 fixes this. DxSale is going to start onboarding projects onto Polygon soon just announced partnership, which will soon be done on BSC follow by Cardano. They also have a rugproof mechanism but projects that are blockchain agnostic and allow for blockchain interoperability will solve this.

>> No.28943042

>>28938502
Just swapped my ETH for DOT and now ETH i mooning

kys op

>> No.28943075

>>28941397
And DOT/Kusama is more decentralized than ETH?

>> No.28943114
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28943114

>>28943042
>cheers
you got played

>> No.28943309
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28943309

>>28943042
>Trusting anybody on a site that regularly shills foodcoins that rugpull in less than a week.
Why the fuck would you ever listen to these people?

>> No.28943368

>>28943042
Good work, OP. We got one. Next thread refresh should be in about 34 minutes.

>> No.28943386

>>28943309
DOT looks like a solid play, its true that ETH fees SUCK and has eternally priced out normies.

Polkadot has more growth potential

>> No.28943400

>>28943309
>rugpull in less than a week.
I will never forget Desire Finance. Shit made me mad moolah!

>> No.28943443

>>28943075
Obviously not, Avalanche is though and so is Loopring.

>> No.28943451

>>28943386
It's already at the top. I doubt DOT will go over $31 this bull run.
>>28943400
I bet. I remember SHRIMP finance.

>> No.28943554

>>28943451
Its at a new top every week. Just like the LINK top at 1$.. 2$.. 3$...

Im not fucking selling my DOT

>> No.28943564
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28943564

>>28943451
>It's already at the top. I doubt DOT will go over $31 this bull run.
this. meanwhile ETH will reach 10k, easy

>> No.28943920
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28943920

Buy HBAR, thank me later.

>> No.28944282

>>28943920
lol