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RE: Daily Crypto Markets Live Blog: Cryptocurrency Markets Getting Blasted (09/25/21)

in LeoFinance3 years ago

According to the multinational investment bank JPMorgan, institutional investors are moving away from #Bitcoin futures in favor of Ether derivatives.

Can we expect a boost to ETH in the near future? It's only obvious due to the increasing popularity of DeFi and NFTs.

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Well I think BTC was what everyone was learning about. But as they learned about ETH and smart contracts, they are learning about how applications can be built on top of chains. It's why I see a lot of the normal stock guys like ETH due to utility.

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Yeah I think so. The flippening will happen eventually

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The Flippening will happen, but it may not be Ethereum flipping Bitcoin. Other cryptocurrencies are growing. It's more likely that ETH gets flipped before BTC gets flipped.

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I still think ETH is going to flip BTC before any other major flippening.

ETH is the gateway to WEB 3.0, their community is pretty hard to replicate just like HIVE's. And we all know the community is everything.

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Ethereum is the godfather to Hive. None of us can deny this fact. Smart contract technology saved cryptocurrency for Bitcoin, even if Bitcoin itself never uses them. It boosted interest in cryptocurrency. We know the rest of the story.

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I don't why we are not pushing for Smart Contracts on Hive. Do we have something better? How are the current DApps managing?

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I thought Hive used smart contracts.

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No it doesn't! There are so many limitations in what we have already but it can be worked out for most apps. Would be interesting to see how the developer ecosystem of Hive expands over time.

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It's coming very soon.

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