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[SCAMEXPOSER]

Joey Krug is a co-chief investment officer of cryptocurrency at hedge fund Pantera Capital, he said ethereum has the potential to become a major role in the global financial system. Krug predicted that Ethereum would be involved in more than half of all financial transactions, citing the assets that underpin the platform. Despite competition, he believes Ethereum's position will remain unchallenged, noting factors such as few trade-offs.
Did you agree with his thoughts and predictions?

 

[BullyMaguire]

Those theories are made up, yeah, made up by ETH HODLers, who are trying to get rid of their ETH.

Actually Bitcoin is the real one, others are just altcoins; yet 21 million BTC cannot be divided with people, so ETH blockchain has a reason with ERC tokens. However, other blockchains are competing with it.

You are right, theories like this are made to hype people to buy Ethereum and then they can now sell their Ethereum for a higher price. Because i think compared to Bitcoin and Ethereum. Bitcoin is better for transactions unless Eth can do something about their ridiculous fees.

 

[Yugocean]

Bitcoin is better for transactions unless Eth can do something about their ridiculous fees.

I left some of my ERC tokens where they were, I can't do anything because if I transfer them, I will receive 0, fees is more that the total tokens I have.
Only in one, they were charging less than total, and that was 90% fees, they are insane!

Only newbie Naive or 2.0 hopefuls are ready to take that risk, not me.

 

[Wisdom01]

I am wondering why people do not consider Bitcoin as a kind of coin that would be used by people. Why Ethereum? I have read a few articles that state that Ethereum may surpass bitcoin and now i have read this title of the thread, but I must say that these theories are mere theories. No one could be sure about what might happen in the world of cryptocurrencies.

the reason is that people see Bitcoin as an expensive type of coin ,while they see ethereum as very much profitable coin to invest , although to me I don't just consider all these hype I still choose to invest in Bitcoin rather than investing much on coins ,Bitcoin is the most popular coin for me despite the hype of ethereum

 

[Ben Kempton]

the reason is that people see Bitcoin as an expensive type of coin ,while they see ethereum as very much profitable coin to invest , although to me I don't just consider all these hype I still choose to invest in Bitcoin rather than investing much on coins ,Bitcoin is the most popular coin for me despite the hype of ethereum

I would be cautious while accepting Ethereum as a payment method. This is because the gas fees of Ethereum is very high and this is a common complain of people who use Ethereum as a payment method. This is why many people have stopped using Ethereum to pay people and receive payments. i think Litecoin and Bitcoin Cash are much better as compared to Ethereum because both of them have a very low fees.

 

[Wisdom01]

I would be cautious while accepting Ethereum as a payment method. This is because the gas fees of Ethereum is very high and this is a common complain of people who use Ethereum as a payment method. This is why many people have stopped using Ethereum to pay people and receive payments. i think Litecoin and Bitcoin Cash are much better as compared to Ethereum because both of them have a very low fees.

the gas fee is really high and I think based on my understanding , it seems they have created another network ,but I haven't seen the effect of the network in reducing the fee ,I think that's actually the development I want to see ,once the fees is reduced people would be able to make more profit

 

[Ben Kempton]

the gas fee is really high and I think based on my understanding , it seems they have created another network ,but I haven't seen the effect of the network in reducing the fee ,I think that's actually the development I want to see ,once the fees is reduced people would be able to make more profit

Well, since the gas fees is so high, I really doubt if Ethereum will actually become a kind of coin that would be commonly used for making transactions until or unless the gas fees of Ethereum drops. It should be noted that some experts are only assuming that Ethereum will be used as one of the most commonly way to send and receive payments, but these are just assumptions.

 

[Wisdom01]

Well, since the gas fees is so high, I really doubt if Ethereum will actually become a kind of coin that would be commonly used for making transactions until or unless the gas fees of Ethereum drops. It should be noted that some experts are only assuming that Ethereum will be used as one of the most commonly way to send and receive payments, but these are just assumptions.

they are merely assumption I actually wish for it to be used for transactionary purposes , because the coin have that level of reaching Bitcoin , but what is holding the coin back is the gas fee , I have wished several times for it to change ,to suit the people investing

 

[Ben Kempton]

they are merely assumption I actually wish for it to be used for transactionary purposes , because the coin have that level of reaching Bitcoin , but what is holding the coin back is the gas fee , I have wished several times for it to change ,to suit the people investing

I checked the original article and it seems like the claim that Ethereum will be used a lot and it will be the main asset used for making 50 percent of world's payments come from one guy who has speculated that Ethereum will be used that often. I am not sure how many people would agree with him.

 

[Mariappa45]

exactly the gas fee itself is a big burden , no doubt the people are considering other better alternatives , the high gas fee could actually take all the profit you even want to make or give out ,the excessive fee is something worrying

Its worrying indeed, because no user will succumb to such transaction, where you'll pay more than you're withdrawing. That's why I love BSC chain, its transactions doesn't even charge up to a single dollar, the highest I've seen with binance smart chain network is $0.17.

 

[Wisdom01]

Its worrying indeed, because no user will succumb to such transaction, where you'll pay more than you're withdrawing. That's why I love BSC chain, its transactions doesn't even charge up to a single dollar, the highest I've seen with binance smart chain network is $0.17.

i think tron Blockchain seem to be the best for me ,I mainly use it to send usdt and others the transaction fee is really low , binance smart chain also charge low amount of fees when it comes to you sending coins ,and no users would really love to pay high amount of fees

 

[Mariappa45]

i think tron Blockchain seem to be the best for me ,I mainly use it to send usdt and others the transaction fee is really low , binance smart chain also charge low amount of fees when it comes to you sending coins ,and no users would really love to pay high amount of fees

Yeah, I tried using TRX chain to send USDT, it wasn't all that high, around $1 for any amount of USDT you're sending out. But BSC network remains the best, because it isn't up to $0.20. Some exchange charges higher than others, like in Hitbtc, I couldn't move my 10$ out, due to USDT fee being around 45$, which is just useless there. I regretted going to that exchange. Even converted the funds to XLM, still the frees are much, which is around 10 XLM, around $3.

 

[Wisdom01]

Yeah, I tried using TRX chain to send USDT, it wasn't all that high, around $1 for any amount of USDT you're sending out. But BSC network remains the best, because it isn't up to $0.20. Some exchange charges higher than others, like in Hitbtc, I couldn't move my 10$ out, due to USDT fee being around 45$, which is just useless there. I regretted going to that exchange. Even converted the funds to XLM, still the frees are much, which is around 10 XLM, around $3.

thats why when you want to do little transaction with less fees ,I advice you to make use of faucetpay ,I find it very simple , although I don't store coin for long term ,but just for mainly conducting random transaction ad others ,when particularly I want to conduct different trades

 

[Mariappa45]

thats why when you want to do little transaction with less fees ,I advice you to make use of faucetpay ,I find it very simple , although I don't store coin for long term ,but just for mainly conducting random transaction ad others ,when particularly I want to conduct different trades

I used Faucetpay.io site in 2020, it was cool for me, I enjoyed the low gas fees for lower coin transactions. But ever since I discovered binance I never went there anymore. Since I can deposit and use P2P means to withdraw. You see HITBTC exchange, it's a nightmare, even with TRX, you're still paying high gas fee.

 

[Wisdom01]

I used Faucetpay.io site in 2020, it was cool for me, I enjoyed the low gas fees for lower coin transactions. But ever since I discovered binance I never went there anymore. Since I can deposit and use P2P means to withdraw. You see HITBTC exchange, it's a nightmare, even with TRX, you're still paying high gas fee.

i actually do make use of faucet pay for mainly little transaction ,but when it comes to huge transaction it's binance I will look out for ,that hitbtc I have seen people making bad reviews about the platform ,I will check more about the platform and get how it works properly

 

[Mariappa45]

i actually do make use of faucet pay for mainly little transaction ,but when it comes to huge transaction it's binance I will look out for ,that hitbtc I have seen people making bad reviews about the platform ,I will check more about the platform and get how it works properly

Binance is secure for large sums, now that I've completed my address verification with binance exchange, it means, I can withdraw up to $200,0000 a day at binance instead of the usual $50k daily limit. You can can check Hitbtc up, and see what's all about bro.

 

[SCAMEXPOSER]

Binance is secure for large sums, now that I've completed my address verification with binance exchange, it means, I can withdraw up to $200,0000 a day at binance instead of the usual $50k daily limit. You can can check Hitbtc up, and see what's all about bro.

That's great, I didn't know you can withdraw up to that amount daily, my status on Binance is fully verifiedIt hitbtc up available on Binance or where?
. I think it worthy to hold ethereum now that price is down considering the optimism arround the coin in a long time but should be in a secure wallet.

 

[Mariappa45]

That's great, I didn't know you can withdraw up to that amount daily, my status on Binance is fully verifiedIt hitbtc up available on Binance or where?
. I think it worthy to hold ethereum now that price is down considering the optimism arround the coin in a long time but should be in a secure wallet.

Yeah, it's tremendous that way that one can withdraw good number of the coins without much restriction. Such is for the future because I don't get close to withdrawing such. Etheruem is a coin that doesn't go down easily, I love keeping my reserve funds too at ETH due to it's enormous potentials.