Just looking for convo and thoughts

Edit: 6 years ago ethereum was under $3. 5 years ago it was ~$10. Thanks for the catch. The new year threw me off. Either way, still looking for quality discussion. Cheers.

And When Ethereum hits $10k, everyone would be wishing they bought a lot more at sub $4k.

Title Inspiration from this post by u/alexo12

MetaFlokiNFT🚀 | Just Launched | Dual Utility Token Bsc Token, 10000 Metafloki Nft's and Sandbox Development | CG and CMC listing soon | 5% Rewards In MetaFlokiNFT BEP20 Token for holders | Nft Markeplace Bsc and Ethereum Network | 15% Tokens are In Binance Hot Wallet

TG : https://t.me/MetaFlokiNFT

🚀 Buy On Pancakeswap - https://pancakeswap.finance/swap?outputCurrency=0x05d8243f987f032318ccffa2b005fa9fd85a1655

💥 CONTRACT : 0x05d8243f987f032318ccffa2b005fa9fd85a1655

Slippage : 12%

Website : https://www.metaflokinft.com/

MetaFlokiNFT THE NEXT 1000X GEM? The Next ShibaInu, Metaverse development Sandbox and Decentraland

10% Buy/Sell taxes :

Reflection : 5% In MetaFlokiNFT Bep20 Token to holders! 3% Marketing & Buyback 2% Locked Liquidity

Experimented team of professionals (development, marketing, etc.) 📡

The MetaFlokiNFT token is our foundational currency that allows investors to hold millions, billions, or even trillions, of it in their community.

Incoming marketing :

• CG/CMC application
• Twitter, youtube influencers
• Private investors AMA
• Press releases
• Coingecko & CMC listing
• Banner ads on high crypto traffic sites
• Telegram AMA! Yes
• TomorrowLand Concert for Holders!

Marketcap target : $500 Billion ! 📈

And more to come in

I am a big believer in layer-2 roll-ups for Ethereum scalability, so pretty much all my funds are on Arbitrum. I woke up earlier then usual this morning to do some transactions while the gas fees are low, but I couldn't connect my MetaMask wallet to Arbitrum on any DEX or dApp.

I went to Arbiscan, and what I saw scared me : the last transaction was processed more then 2 hours ago.

There is no announcement on their Twitter or subreddit, so I went to their Discord server. They had this message :

>Hello - we are aware of some issues with the network. We are investigating and will post an update here once we have one.

I am worried, because right now I can't do the transactions I want to do, and that's a weird thing to say in a supposedly permissionless, censorship-resistant environement. There is no explanation whatsoever about what happened ; I guess it has to do with the high volume of transactions during the crash, but I really don't know.

I was using Arbitrum because I thought it was reliable and secure. But now my confidence is shaken.

Anyone has any idea what could be happening? Does it scare you too?

EDIT (3:49 PM EST.) : Looks like the problem was with their sequencer, and it is now back online. Transactions are going through smoothly. Phew, what a ride it has been! Glad we are back in business.

EDIT #2 : Here is a follow-up the the team just released. They are very transparent about what happened, and that puts my mind at ease.

Trust me, I’m an Ethereum fan more than anyone. But what I hate is that people aren’t ready to hear hate about their favorite crypto.

Even at a low of $5 right now. Ethereum’s fees are way too high than it should be - like Vitalik once said “the internet of money should not cost 5 cents a transaction.”

$5 is 100x more than 5 cents.

Hopefully L2 solutions are able to fix that problem or Ethereum 2.0 can by moving to PoS.

Whichever way, if they manage to succeed with solving this problem. Ethereum will be the biggest thing since sliced bread.

As recently posted on this subreddit, Ethereum has just launched first testnet for PoS update. When the update goes completely live, the miners will become literally obsolete - no compromises.

So now we have two warriants:

• Miners resigned!!! Everybody sells graphic cards to public! Gamers happy as only Bitcoin farms remain!

or

• Miners switch to other remaining PoW coin, and surrounding press is making it go crazy.

While lots of everyday people would like the first to happen, I think that the latter is way way more realistic.

But what coin it could be? Will miners switch to Bitcoin and concrete it even more? Or will they go for Ergo, that is slowly setting down and is going to make payments less while reducing the possibility of mega-mines? Then we have Litecoin, Monero and after it... a huge list of lesser known coins.

What is your take on this situation? I'd personally love to see Ergo skyrocket, but it's only my early investor's hopium, realistically I think that everybody will just switch to Bitcoin.

EDIT: Someone just told me the difference between Bitcoin and GPU mining, so I edited the post :)

While many are interested in the ETH/BTC flippening, I think the USDC/USDT one is just as important since it signifies that slowly but surely, USDT will lose its powerful grip over the centralized exchanges.

Would feel much safer knowing that the market isn’t controlled by a shady coin like USDT and that other stablecoins with REAL 1:1 ratio like USDT, EURST and UST have a chance in the market.

From here on forward I don’t think it’s going to take much time for this flippening to happen over the entire market, not just Ethereum. Would be an amazing and well awaited day honestly.

When looking at the crypto marketplace, I see many coins such as Hedera, Solana, and Cardano to name a few, who are massively superior in most senses like energy consumption, transactional speed and security, and gas fees, to the major coins such as BTC and ETH. And yet, these big cryptos are still seen as the currency of the future. Is this just because they’re considered the “early movers” in the market and have garnered public knowledge before these altcoins, or is there something that makes these larger coins different and “better”? For me, I can see BTC and ETH becoming like the “Yahoo” of early internet, and one of these other, more efficient and refined coins becoming the “Google”, or the natural evolution of an early, growing space into maturity. Thoughts?

Edit: seems as though most found this post quite controversial. Truthfully, I shouldn’t have written it with such a demeaning attitude towards BTC and ETH, because I do think they have their place which I neglected to cover. BTC is probably the best “store of value” in the space, and due to public perception, probably always will be. ETH is trying to address their issues with ETH2, which I’m curious to see how that comes about in what shape or form it eventually does. Will they achieve what they’re trying to before any of these other coins achieve decentralization or better security? That remains to be seen. I know some of them have pointed out pathways to do so. And I still believe that some aspects of their tech are superior to the major coins, but the concerns raised were legitimate. Regardless, I’m just an average guy who has no particular expert knowledge of crypto in general, just asking something that I genuinely was curious about because it’s a question I’ve heard from others before. Didn’t really intend for it to be a shot at any coin though I know it did sound that way

Keiko just launched 8 days ago and is going absolutely bonkers. They are live on twitch right now giving away thousands in crypto & merch to anyone on the twitch room. Already listed on CoinMarketCap, Coingecko and is on Coinbase' watch list, It has gone from 900k-7.5 million market cap just a few days, and has consolidated nicely at 1mil. Now is the time to buy as it's reached a nice low and set to explode again. Dev has doxxed privately to kingdom and is setting up KYC. This is the next Shinja, these guys are doing everything that Shinja has been doing for marketing, and building slowly instead of smashing all their marketing at once. Owner of Saitama is friends with the dev, and one of the biggest Saitama whales Selina has invested over 15 eth yesterday. This has been trending on Dextools for over a day, and trending just about anywhere I see at the moment. The community in the telegram is some of the strongest I've ever seen, dev is constantly on the voice calls and answers any questions. Floor is built up of diamond hand investors who believe in this going 100m+ market cap. The dev really knows how to market this, and I love how open everyone is.

Some key notes:

- Currently live on twitch giving away crypto & merch

https://www.twitch.tv/keikotoken

- Just got tracked on binance, major step towards being listed

- Dev is doxxed to kingdom

- Jake Paul's trainer is on board the team

- Over 1000 people in telegram, half are online and 30-70 people on voice at any time

- Dev is responsive, always online and always on voice

- Just starting to go parabolic

- The strongest community I've ever seen on telegram.

- On Coinbase watch list, could be the next big thing

🐋

Tokenomics: 10 trillion tokens

10% sell tax

-2% goes towards whale charities

-2% goes towards liquidity pool

-6% goes towards development and marketing

🐋

You can get a buy on 0.1% tax by ending your tokens in "99"

0x9b4711575a056f936210bee2838dc61355506eb4

🚨 PSA CURRENTLY GIVING AWAY THOUSANDS IN ETH & MERCH ON TWITCH! JOIN THE ROOM TO ENTER

https://www.twitch.tv/keikotoken

Telegram: ("Tap to verify" to enter) https://t.me/KeikoPortal

CoinGecko: https://www.coingecko.com/en/coins/keiko

CoinMarketCap: https://coinmarketcap.com/currencies/keiko/

Website: https://keikotoken.com

Twitter: https://twitter.com/keikotoken

Instagram: https://www.instagram.com/keikotoken/

Chart: https://www.dextools.io/app/ether/pair-explorer/0x66f9a314a95f1288e0ecff12b91

🚨Green Chart is still showing an uptrend no matter the market conditions, and this is clearly only the beginning! Partnered with Travladd and Benson who took King floki from 300k to 22m in 4 days!

Summary:

We have created a coin with a long-term vision of our own ecosystem hosted on our own blockchain.

We have created tokenomics with no added sell pressure, only buy pressure, allowing us to have a green chart.

Because a green chart is the only thing that sells.

Read more below!

Tokenomics:

There’s one thing undoubtedly bullish in the BSC, that’s a green chart.

We have introduced the most daring tokenomics ever seen.

We take 15% of all sells, and re buy our own token, and then burn the tokens! Causing a viscous cycle of buying pressure!

And raising the price floor, where once a certain amount of coins is burned, the price can't go lower!

Global Vision:

Our goal at Green Chart is to create a global asset that just goes up!

The world of finance is changing.

We will develop our own mobile wallet application with a fiat buy button, allowing anyone from anywhere to own Green Chart!

Honesty & Transparency:

We know crypto can feel like the wild west and mysterious. We don’t think it should be this way.

Both team leaders are fully doxed! We have put our faces on this project from day 1. We will continue to do live AMA’s with questions from you, the community! Bring on the FUD!

Website:

https://greenchart.finance/

Telegram:

https://t.me/greenchartbsc

Twitter:

https://twitter.com/greenchartbsc

Contract:

0x5775e60447a0bc86c67c61472476ebf6fcab0d87

ADA still hasn't fulfilled most of her promises. If it hadn't have that much popularity, people would call it scam.

Solana went down again. I forgot to count how many shot down solana had last year. Solana is a centralized coin and can't even compete with Ethereum.

People need to sit down and shut up about their shitty coins replacing ETH. None of them can kill/replace ETH.

When Ethereum was at an ATH, everyone was wishing they bought Ethereum at $3k.

They all wanted a dip but now that they got it, they’re scared.

If you believed in ETH then, you should believe in it now!

As of January 19th, 2022 9:53 AM GMT, 1,556,769 ETH worth $5,939,527,711 was burned since the implementation of EIP-1559 on August 5th,2021.

Its wild to think that ETH amounting to more than the entire market cap of Ethereum classic was burned in just 5 months time since EIP-1559 and still more is to come.

The highest amount burned was 19,424 ETH on 10th january,2022 and atleast 10,000 ETH or more was burned everyday since january 4th till today.

If the amount of ETH burned was a coin it will be #32 in market cap today.

If you check CoinMarketCap right now, (price glitch fixed BTW) you will see that Ethereum has a market cap of 586B and Bitcoin is at 1.17 trillion. Ethereum is essentially exactly half of Bitcoin right now.

I have been very bullish on both ETH and BTC for a while, but personally I've always been more bullish on ETH. It just has so much more potential than BTC which is just a store of value. I've always thought that the flippening was a sure thing,

For the flippening to happen, ETH would have to 2x while bitcoin remained the same, or something like that. This isn't impossible, I think it could happen over a longer period of time for sure.

What do you think of the flippening? Do you think that it's going to happen?

The SimpsonSpace Token team is building a unique nft-based video game platform on ethereum

network. It will be a deeply immersive metaverse in which players will create

virtual worlds and games collaboratively and without central authority.

⚠️ Disrupting existing game makers like Minecraft and Roblox

🎆 Creators will have true ownership of their creations as non-fungible tokens (NFTs)

⚔️Cross Application interoperability

💰Participation on the platform will be rewarded with our native token - SMP

🔥Big influencer campaign planned for launch

💰Major CEX listings budgeted

🎉Contests, giveaways & more!

🚀 Fair Launch on the 14th January at 16:00 UTC

🦺 No Presale and No Dev Tokens

⚠️ Audit by Watchtower coming before launch!

Tokenomics:

🚦5% - marketing & dev

💰3% - reflection

🚦2% - LP (added lp will be sent to the dead address)

Come and join us at:

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💬 https://t.me/thesimpsonspace

🕊️https://twitter.com/thesimpsonspace?t=uWPpqO8q0u8aJs8wX9ci0g&s=09

The dominance of these legacy coins are dwindling with each passing year and that is a great news. No singular coin should hold the power to dominate the entire ecosystem.

And with increase in adoption amongst the newer users coupled with the thriving & buzzing developer ecosystem ensuring that new projects with newer use cases always comes up- this sure paints a very bright future for all of us.

Ethereum still leads the market with 80% dominance in the smart contract platform but other projects are slowly catching up to the speed not necessarily intending to replace it.

Polkadot with $40b market cap, Solana with $60b market cap, Avax with $30b, Algorand $11b, Cosmos with $7b etc are all making greater strides towards achieving a variety of newer business cases.

Even ethereum with all its L2 protocols is trying to make our world more inclusive by making a variety of use cases feasible (mostly by making the platform scalable). The current gas fees on most of these L2 platform lies between $0.15 - $0.50 and with time & updates this will only improve.

All said- these reduction in dominance is very good for our ecosystem. It represents that we as a community are growing. These dominance numbers should and will decrease with time because our community should and will grow with time.

Guys, I'm no expert here but the LRC testing/transfers/deposits really seem to be ramping up.

All of the "out" transactions below are sent to from one of the addresses I posted about yesterday to "Binance 14", which currently has a balance of ~10.16M LRC. There was another transaction of 5M LRC this morning.

I could be wrong, but from what I've seen I believe this to be some type of liquidity pool for L2 transfers between Loopring and Binance, which is the largest crypto exchange by volume. Whether or not this is the reason for these tranfers, it makes sense to me that Loopring would work towards compatibility with Binance.

https://preview.redd.it/z076soh6gnc81.png?width=1366&format=png&auto=webp&s=d988eb39b15e3618da665ed099acb068c93a71cf

https://etherscan.io/token/0xbbbbca6a901c926f240b89eacb641d8aec7aeafd?a=0x9af942c5d96956b657419970e5df27c67ddab1de

This "Binance 14" address (0x28C...21d60) is hella busy with transactions of all types of ERC20 tokens, more evidence that this is some form of a reputable liquidty pool.

https://etherscan.io/address/0x28c6c06298d514db089934071355e5743bf21d60

And something else...

Something really interesting that I noticed from this Binance 14 address is that there are a bunch of ERC721 minting transactions for a contract (not token) called MARS4. I don't know about you guys, but I've never heard of it. There is a website on the Etherscan link for it.

https://etherscan.io/address/0xdf9aa1012fa49dc1d2a306e3e65ef1797d2b5fbb

https://www.mars4.me/

>Mars4.me is a Metaverse in geographically exact 3D Virtual Mars, created with data from NASA and other space agencies. It has the MARS4 (Mars Dollar) token & the  World's 1st Revenue Generating NFTs, which leverages property rights and incentivises holding & spending tokens on in-world assets and resources.

>First revenue generating NFT in the universe!

Poke around and tell me that doesn't jack your tits.

This is honestly such huge news that I can't believe it hasn't been talked about more. If you don't know what DTCC is, they're the organization that settles the vast majority of all security transactions in the United States. In 2011, they settled close to 1.7 Quadrillion dollars worth. With the recent boom in the stock market because of COVID, this is likely much higher than 2 Quadrillion for 2021.

Last month they announced that they will be launching a new platform that interfaces with the Ethereum network. This is from their press release:

>From launch, DSM will optimize primary issuance and transform secondary markets, creating new business model and distribution opportunities for participants while facilitating a digital asset ecosystem. Architected to be blockchain agnostic, DSM will initially interface with the Public Ethereum Network, but will incorporate additional public and private blockchain support based on client and market demand.

This platform is described as a market infrastructure for the global financial services industry. Essentially, Ethereum is going to power the future of securities trades.

TL;DR: The largest securities platform in the USA, that processes more than 2 Quadrillion in trades worldwide per year, is launching a new platform on Ethereum. I don't think I need to explain to you how huge this is.

Source

Hi, I'm a noob in crypto investing, but I have been reading about the tech since btc first emerged. Here are my observations:

Bitcoin is an excellent store of value and useful for moving money while bypassing current banking systems. For many people, it's a cheaper, faster and easier way to move money across countries than traditional banks.

Ethereum has smart contracts which will allow for all kinds of transactions on the block chain. People actually use it to buy stuff and services.

A few companies have their own coins like BNB which don't have much application outside of that company's operations.

And then there are just countless shitcoins. Every single one of them seems to just be another clone of the big two with no new functionality, nothing that sets them apart and no application that isnt better suited for btc or eth. Like, is there any reason a business would run with japanesedogcoin#47 instead of ETH? Nobody is actually using these to buy anything or conduct any service. The only money going into them is from speculative investors hoping to sell them to... another speculative investor hoping to do the same. Trading or investing in these shitcoins is a zero-sum game since no actual value is ever being created. They act more like collectibles rather than currencies, commodities or securities.

Is there something I am missing about altcoins, or are these all just beanie babies for zoomers?

MetaFlokiNFT🚀 | Just Launched | Dual Token Bsc Token, 10000 Metafloki Nft's and Metaverse Development | CG and CMC listing soon | 💥 | 5% Rewards In MetaFlokiNFT BEP20 Token for holders | Nft Markeplace Bsc and Ethereum Network | 15% Tokens are In Binance Hot Wallet

TG : https://t.me/MetaFlokiNFT

🚀 Buy On Pancakeswap - https://pancakeswap.finance/swap?outputCurrency=0x05d8243f987f032318ccffa2b005fa9fd85a1655

💥 CONTRACT : 0x05d8243f987f032318ccffa2b005fa9fd85a1655

Slippage : 12%

Website : https://www.metaflokinft.com/

MetaFlokiNFT THE NEXT 1000X GEM? The Next ShibaInu, Metaverse development Sandbox and Decentraland

10% Buy/Sell taxes :

Reflection : 5% In MetaFlokiNFT Bep20 Token to holders! 3% Marketing & Buyback 2% Locked Liquidity

Experimented team of professionals (development, marketing, etc.) 📡

The MetaFlokiNFT token is our foundational currency that allows investors to hold millions, billions, or even trillions, of it in their community.

Incoming marketing :

• CG/CMC application
• Twitter, youtube influencers
• Private investors AMA
• Press releases
• Coingecko & CMC listing
• Banner ads on high crypto traffic sites
• Telegram AMA! Yes
• TomorrowLand Concert for Holders!

Marketcap target : $500 Billion ! 📈

And more to come in