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5 years ago in LeoFinance by bitcoinflood (79)
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There is a lot of excitement surrounding Ethereum. I wonder how soon they will solve the situation with the fees.
That is going to make a difference in my opinion.
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If they can truly get it wrapped up and under better fee terms by years end I think they will be sitting good still. Sooner the better though of course. Curious how the august hard fork will turn out.
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Yes the hard fork for them is going to be interesting. It will be a challenge as we know. As interesting is the politics. Will we end up seeing two chains as the miners decide they want to hold onto what they have?
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Those fees are a killer, I agree with you.
I hope they solve the issue soon with these fees because wow... Ethereum is looking to be an exclusive club if fees continue to grow.
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Ethereum is a great opportunity, and hopefully those hard forks won't be a destructive factor in continued growth.
I'm pretty much better long term even at these all time high prices that by end of the year into the start of the next year we should be seeing 10k+ per ethereum. $2,800 into $10,000 in those few short months is a seriously big return. If everything goes decently well I believe we could see it.
That would be really awesome 😀
Yay! 🤗
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Ethereum has established its brand over time while Bitcoin didn't really have to do anything about it since it's quite famous among the masses for the same reason you mentioned in the post i.e. it's an entry point for most people.
The good thing is that constant development is happening with ETH and people have at least something to speculate on. While everyone does that, I am HODLing mine. :D Even I am excited to see how this will play out when all those HFs happen this year. 🤞🤞
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I see transaction fees as the only drawback when it comes to ethereum. If that problem can be solved, ETH has the potential. But there are also competitive blockchains available that are taking over the NFT ecosystem or the smart contracts with their cheap transaction rates.
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I think this line was cut off.
I don't know what to think of banks using crypto to dump their bonds. I guess it would mean they have less control but its propping up the old system.
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In one sense this is quite annoying as I dumped the majority of my ETH due to the ludicrous gas fees escapade. It is very bullish recently compared to the rest. I still have a couple hanging around in my Ledger, not working for me.
I think Bitcoin's function as a store of value, because of widest acceptance, should be honored, but otherwise: agreed! :)
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