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RE: Daily Crypto Markets Live Blog: What can you share about different blockchains? (09/19/21)

in LeoFinance3 years ago

JP Morgan strategist calls for 55% drop in ETH. It looks like they are starting to look into the different ETH killers or alternatives now. I personally don't think ETH will drop that much.

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We are constantly hearing about Ethereum (ETH) killers. I am with Taskmaster4450 on his analysis. There is a lot of institutional investment and those retail investors that make large transactions that will pay the fees.

For me? Shoot I got out of ETH and do not mess with it at all. Too expensive and bloated. HIVE and the products built on it serve my needs as far as crypto for the most part.

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Yea, I agree. I've heard of a lot of "ETH killers" in the past and I have yet to see one of them do the deed.

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Despite these ETH killers, ETH is still maintaining its price so I guess none of them are true killers.

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It's too expensive for me but I have been thinking of entering the ETH/BNB Farm on CubFinance after I have built out my farms. But that might take quite a while before my position is big enough.

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ETH will only go up if the bull is running. The idea of the Ethereum killers is absurd. There is plenty of room for growth. Ethereum is going to keep attracting big money which will sustain it in terms of market price.

While the others might succeed, nothing is going to take Ethereum down anytime soon.

As a blockchain, Ethereum might not be a huge winner but as an investment in the token, probably very safe.

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Yea the big guys won't care about some small fees on transactions. They are playing with money an order of magnitude bigger than what we are playing with.

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No they wont. To them, $50 or $100 is nothing. When moving millions of dollars (even into billions), it means little.

The rest of the human race is not in that category so we need to move somewhere else.

Fast and Fee-less sounds good to me.

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Bitcoin goes and and down, and people don't freak out about Bitcoin. Ethereum is like that, too.

Ethereum is also at the point where Bitcoin's moves don't affect Ethereum in the same way. This is what we want for cryptos in general.

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I disagree with that. When Bitcoin drops, you'll see ETH hold it's value for another month or so but then it will drop even further than Bitcoin. It's happened on both of the last two Bitcoin peaks. Pretty sure it will happen again.

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