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Topic: Forget about ETH Era, We are on BINANCE Era right now!!! Long Live BSC!!! - page 3. (Read 888 times)

sr. member
Activity: 1176
Merit: 250
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The current era of BSC is booming with them selling low fees from ETH, the strategy is proven to work and many people turn to BSC. but other statements arise whether until in the future BSC will continue to apply low fees or raise prices like ETH? This is a question that is likely to become the BSC benchmark in the future
hero member
Activity: 2744
Merit: 588
A healthy competition indeed for Ethereum and Binance chain. Both platforms have advantages and weaknesses but its for the users to decide what they prefer or we can them both. Lets wait for Ethereum gas mess solution then maybe we can conclude which chain is more effective.
I have to agree on this, I’d rather hold them both because they are the best and I’m sure, profit will come as they continue to go up. BNB might be on a good hype right now but ETH is also doing its best and reached its new ATH silently, if the update will be great we’ll see a more active competition between this two.

I don't think ETH team is sleeping on their gas fee problem.
Right now, a lot are going to BSC because of their cheaper fees.
But what I am curious about is once ETH resolves their gas efficiency, will developers still choose BSC over ETH?
For the moment, ETH is still no. 2 and I don't think it will be surpassed anytime soon.
They have established their market and they have really solid foundation when it comes to development.
Maybe, it is too early to say that ETH has already lost its market, because it is not.
member
Activity: 518
Merit: 11
HODL
Maybe you have idolized BNB, and I think it's too hasty.  BSC has been launched recently.  With a simple, hype-like appearance with the bred platform, the BNB looks like the cradle of clone.  Lol.  Although BSC has great backing, it will take a long time to be trusted as ETH did and create a similar link.  Let's wait and see, buddy! Cheesy
sr. member
Activity: 2044
Merit: 314
Vave.com - Crypto Casino
A healthy competition indeed for Ethereum and Binance chain. Both platforms have advantages and weaknesses but its for the users to decide what they prefer or we can them both. Lets wait for Ethereum gas mess solution then maybe we can conclude which chain is more effective.
I have to agree on this, I’d rather hold them both because they are the best and I’m sure, profit will come as they continue to go up. BNB might be on a good hype right now but ETH is also doing its best and reached its new ATH silently, if the update will be great we’ll see a more active competition between this two.
sr. member
Activity: 1540
Merit: 420
www.Artemis.co
A healthy competition indeed for Ethereum and Binance chain. Both platforms have advantages and weaknesses but its for the users to decide what they prefer or we can them both. Lets wait for Ethereum gas mess solution then maybe we can conclude which chain is more effective.
hero member
Activity: 1302
Merit: 503
It's hard to disagree with you, because Binance was really able to help many of the crypto community start making money using cryptocurrency again. Ethereum's problem with high fees has shaken its reputation and now we can say that Binance has taken over this initiative. I am of course also a supporter of ETH, but lately it has not been very profitable to use its network. If this Ethereum problem is not resolved soon, then Binance may well take the place of the leader of altcoins.
- The ethereum network has a specific schedule for solving emerging problems but the gap from now to that point, it will probably take a few months and the impact is quite large as you say, ethereum's reputation is relatively plummeting but fortunately they are compensating investors with profits through price hikes. But this situation may not last too long, BNB is approaching investors in many different forms of investment, competing for networks, competing on opportunities and robbing projects, the BSC era seems to be starting
full member
Activity: 1064
Merit: 101
HELENA
if ethereum can solve the problem of high transaction fees won't it remove the reason people switch to other platforms. so I'm sure the BSC won't be able to kill ethereum. ethereum will again be the top choice in the future. which is why I believe this is not the end for ethereum.
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
You guys who believe ETH gas would be decreased is too naive and stupid. Read on here https://www.google.com/amp/s/cryptopotato.com/eip-1559-might-not-lower-the-high-ethereum-transaction-fees-report/%3famp

ETH itself is fine, but not all project which still using ETH as main platform. Even dogecoin itself already using Binance Smart Chain (BSC) now

I had no idea dogecoin had already moved to BSC,,, when did this happen? I always thought dogecoin people were quite closely aligned to both Bitcoin and Litecoin. If this is true then it really shows me just how long I have stayed away from all the updates on this community coin. Very interesting choice of platform to move though.
full member
Activity: 1050
Merit: 103
BIB Exchange
Binance Chain is great however the major issue is that its centralized. I think if there was a way to make it decentralized that many people would start using it. I am not surprised that the network activity increased on BSC because the fees for ETH were just pure crazy. Its nuts paying $10 for an ETH transaction or $25 for an ERC20 transaction or almost $100 for a DeFI transaction, hence why BSC started to gain network usage.

However I think most people don't want to make the switch because they are worried about its centrazliation issue. Which is very important to many people. Hence one of the reasons why alot of people don't like XRP since the owners have too much control. However people are making crazy money with all these projects that they don't really care at the moment.

I think fewer and fewer of these people, now a new generation of people who are open and open and they do not worry about their anonymity. We have to accept this, there are too few followers of anonymity.
sr. member
Activity: 1246
Merit: 263
SmartFi - EARN, LEND & TRADE
You guys who believe ETH gas would be decreased is too naive and stupid. Read on here https://www.google.com/amp/s/cryptopotato.com/eip-1559-might-not-lower-the-high-ethereum-transaction-fees-report/%3famp

ETH itself is fine, but not all project which still using ETH as main platform. Even dogecoin itself already using Binance Smart Chain (BSC) now



While Binance already lowered their fee by half now,  Grin Grin Grin




Keep dreaming with your imagination to hope ETH gas fee goes down. Hahahahah
Only 2 billion Doge are printed on the BSC blockchain. I think it is the same as renDoge, a token that encapsulates Doge on the Ethereum blockchain. Doge's choice of BSC is beneficial to the project as they can bring Doge into the DEFI and maintain value for the project and ensure low, high-speed transaction costs.
BSC is trending, being the choice of new projects as they can create their project on a 100% ETH compatible chain. Many types of wallets make BSC easy to access. Developers on BSC have the backing of CZ and funds for Binance developers.
legendary
Activity: 1890
Merit: 1148
You guys who believe ETH gas would be decreased is too naive and stupid. Read on here https://www.google.com/amp/s/cryptopotato.com/eip-1559-might-not-lower-the-high-ethereum-transaction-fees-report/%3famp

ETH itself is fine, but not all project which still using ETH as main platform. Even dogecoin itself already using Binance Smart Chain (BSC) now



While Binance already lowered their fee by half now,  Grin Grin Grin




Keep dreaming with your imagination to hope ETH gas fee goes down. Hahahahah
member
Activity: 375
Merit: 15
$CYBERCASH METAVERSE
I haven't fully accept that BSC is ahead of ETH because very soon ETH gas fee is going lower, this is the best time to start putting ETH and BSC head to head to see which is better and even devs will be the ones making decisions here, I'm not giving up on ETH yet because of high gas fee
full member
Activity: 926
Merit: 100
Yes, I admit that bsc is popular at the moment, and many crypto communities have moved to the binance network, because it has very low gas, so it is very profitable for small traders, but I don't agree if etherem is said to have run out at this time because I see that  very many people still use the ETH network, even though the fees are very high, etherem is still much higher than Binance, I really hope ETH management can find a solution to this problem, so that the popularity of ETH is not taken over by BSC,
hero member
Activity: 2338
Merit: 953
Temporary forum vacation
Vechain was running on ETH platform, now they have running on 2 platform beside ETH, that's why it's skyrocket as well. You simply don't know anything from what you invest. Shame on you.

0.02 to 0.15 isn't 10x increased, it's 7.5x, do you know math?

Exactly!

I think I admit now Binance Smart Chain has really outdone expectations but as I keep pointing out,,, this is for only when defi is hot, which may continue until end of the year but 2022 people will start to realize no point in staking and farming for nothing else but more tokens.

ETH projects are still plenty and a lot of oracles and other types of utility are continuing to build. ETH 2.0 will just kill all the scalability talks then next up, security.
member
Activity: 532
Merit: 10
█ J A X N E T W O R K █


Ethereum Era has ended, now we are moving to Binance ERA. See BNB, VENUS, PANCAKE coin and other project on BSC chain, we are going to reach new ATH everyday.

You can't make 5-10x from your investment on ETH project now,  while you still can make that if you invested on BSC project.

#Not a financial advice as i'm not financial advisor.#
Do you confirm this?  I was impressed with BSC because they have made a big adjustment to Gas.  The alternating move from ETH platforms, the user base I see is not enough to say "BSC is the new era".  Anyway, I remained a follower of ETH until ETh 2.0 was performed.  Time will continue to answer.  Congratulations BNB.
hero member
Activity: 2702
Merit: 510
Leading Crypto Sports Betting & Casino Platform
These are just hype the same as ICO hype back then in 2017 within ethereum blockchain that makes everyone throwing money at every projects they sees and might increase the rate of projects that did exit scam or rugpull which hopefully not gonna happen
but just wait until EIP-1559 implementation rolls out things might be different since most of the people who migrates to BSC coming from ethereum blockchain anyway, big fat chance BSC just gonna be a temporary hype but I do really like BSC though but it's just pseudo-decentralized which isn't preferable in my books .
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
Still mostly users in Etherum Network. And who's triggered in BSC because of ETH network high fee and now going BNB trending also some projects are huge increasing in BSC. I don’t think Etherum era over but untill fee reduces it’s big issue definitely. And you know if BSC is a centralized network it's a big reasons still so many users are not interested to use.
legendary
Activity: 1946
Merit: 1026
In Search of Incredible
I still can't get away from ethereum, maybe this time BNB is very valuable and profitable. but ethereum is still the main choice in making Dapps. the problem of high transaction fees will sooner or later be resolved, so this situation will not last long. Remember ethereum is the king of altcoins and it will stay there for a long time.
Ethereum team should have fixed the transaction fee issue long ago. But they haven't taken any proper steps yet. Maybe they will resolve the issue in future.  But till then BNB will gain more popularity. Because most of the new projects now launching on binance smart chain. Everyone trying to avoid ETH chain for the high tx fee. Although I believe ETH will hold it's position. But ETH price progress isn't enough with the current bull trend of crypto market. Where BNB price has surged a lot.
legendary
Activity: 2590
Merit: 1882
Leading Crypto Sports Betting & Casino Platform
We cannot underestimate the value and trajectory of ETH, BNB is undoubtedly the boom due to the great option it has in its tariffs, in addition to the great adaptation in betting platforms and casinos, many players are giving it a lot of movement, the bets are growing and this gives more life to BNB, however in this article they show that the ETH Network is going to give an excellent update:

Quote
The Ethereum network is scheduled to undergo an update in the next day or so when the blockchain reaches block number 12,244,000. The blockchain was at block number 12,237,070 at time of publication. Based on current average block times of 14 seconds, the update is poised to land on Thursday at around 12:00 pm (UTC+1). The update — dubbed “Berlin” — will introduce several technical changes, all aimed at making the network more cost efficient.
Source: https://cointelegraph.com/news/ether-price-flirts-with-2-400-ath-as-irreversible-hard-fork-looms

It is speculated that ETH reaches $2400- $2500 and for its part BNB is doing things very well and its price is giving good values, both currencies are good, a great diversification could be considered.
hero member
Activity: 2562
Merit: 577
The era of ETH is not over yet, are you not aware that the price of ETH has also up too...
I see ERC20 transactions are still high on uniswap even though there are already many platforms that use the 2 networks that are ERC20 and BEP20. BNB still can't shift ETH before being ranked 2 IMO. *not financial advisor 'lol'

The @op is overwhelmed by the profit he must have made from some of his bep20 project of late reason why the excitment, bsc comes into the limelight thanks to eth shortcomings, maybe if eth where to have address this issue of high fee from the onset bsc would not have the opportunity to be on the sportlight, it is even a good thing that both network are some how in competition, it will give room for options,
For now, all my alts are ecr20, i have not yet hold any bep20 alts but am looking forword to own some soon so i can experience the excitemnt of the op.  Wink
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