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Topic: "People who have invested on ETH soon will be poor", said CZ #BSC - page 2. (Read 842 times)

full member
Activity: 1358
Merit: 100
What a funny tweet by CZ it looks like he trying to get down the Eth but yep I agree with him.. Eth will be sink because of the high gas fee.. BSC is getting popular so maybe in the future Eth will go down in the rank and BNB will be taking the second position.
hero member
Activity: 1372
Merit: 500
if ethereum gas fees can't decrease i think CZ right,
my big hope is eth2.0 will make this ethereum better in all sides mate
The high cost of gas makes some new projects think twice about using the Ethereum platform. Just look at the AME project which delayed the distribution of tokens due to high gas costs. If in 2021 Ethereum 2.0 is not launched soon, then the new project will switch to the Binance Smart Chain which is cheaper than the Ethereum platform.
sr. member
Activity: 1624
Merit: 267
Ethereum is potential I don't think so those people who investing to this coin will going to lose their money because for sure in the future it will become very high the value. At this moment the price of the ethereum is already high but it doesn't mean the price is not going up because the price is rising slowly and not only 1000 dollars is the highest price of this coin because for me I think it is 10k dollars more after few years.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
He just lost respect from people, he should respect ETH as BNB started from ETH network, not he think that BNB can overtake ETH and like to destroy it with his words, I think that's not what people are expecting to come out from his mouth.

He should change his strategy, it's better the old way, less talk more work or development.
Nah, there's a little misunderstanding here because he never meant to shame people who are buying ETH it's the gas fees for ETH.
So basically, he was saying rich people will be poor because the high gas fees just for transferring any amount small amount of ETH to other wallet.
Maybe ETH 2.0 will give the solution for this but it seems that ETH has a lot of users so it might take some time for a while.
Maybe it was but it sounds like that BNB is trying to ruin ETH and taking the position. I hope I was wrong but I believe that Mr. Vitalik will do something to fasten the development in regards to the ETH2.0 launching period in order to give a reason for all ETH holders to keep calm. If BNB will have the solution and help users to lessen their fees, that will be beneficial for both.

I think the competition is so harsh to see now.
member
Activity: 490
Merit: 10
Platform for Cross Chain Fundraising
Influential people may doing things which can be benefit for them or for many here in crypto currency community. In some point it will be risky also since we know it might be in a good side or in a wrong side that can be affected. Many users here expect the best but we can't assure everything will be have a good outcome.  Nowadays, crypto currency are back in track as it have a huge impact to the people. Thus, I don't think that influential people will affect the volatility of crypto currency especially the ethereum.
sr. member
Activity: 2506
Merit: 368
He just lost respect from people, he should respect ETH as BNB started from ETH network, not he think that BNB can overtake ETH and like to destroy it with his words, I think that's not what people are expecting to come out from his mouth.

He should change his strategy, it's better the old way, less talk more work or development.
Nah, there's a little misunderstanding here because he never meant to shame people who are buying ETH it's the gas fees for ETH.
So basically, he was saying rich people will be poor because the high gas fees just for transferring any amount small amount of ETH to other wallet.
Maybe ETH 2.0 will give the solution for this but it seems that ETH has a lot of users so it might take some time for a while.
hero member
Activity: 2926
Merit: 657
No dream is too big and no dreamer is too small
He just lost respect from people, he should respect ETH as BNB started from ETH network, not he think that BNB can overtake ETH and like to destroy it with his words, I think that's not what people are expecting to come out from his mouth.

He should change his strategy, it's better the old way, less talk more work or development.
legendary
Activity: 2772
Merit: 1028
Duelbits.com
Don't think about the words of other people.Sometimes they say good to you, sometimes they say which is favour to them.Don't think all as a good soul.Some corrupted soul in the world around us.This words is their opinion on Ethereum. But the listing of Ethereum 2.0 will not change the value of gem ethereum.
That is absolutely true, we should learn from each other, however, we must be careful about that. People think differently and sometimes they are using such as a way for their own interests. Don't follow them, ETH is the second-best crypto, and to tell the truth, most people are happy with ETH. Because ETH is absolutely profitable coin, it seems they have some interest to say such bad news about ETH, this method works. On the other hand, there are still some people who believe such people. ETH doesnət deserve it and l think people who have invested in ETH will earn from this investment, neither be poor.
sr. member
Activity: 1456
Merit: 326
Eloncoin.org - Mars, here we come!
Don't think about the words of other people.Sometimes they say good to you, sometimes they say which is favour to them.Don't think all as a good soul.Some corrupted soul in the world around us.This words is their opinion on Ethereum. But the listing of Ethereum 2.0 will not change the value of gem ethereum.
legendary
Activity: 1358
Merit: 1003
Designer - Developer
This is from the same guy who's running a centralized EVM and somehow convinced people to use it...

CZ is a funny fellow.. But their little chain there is basically no different than running your own EVM clone locally.. :/
full member
Activity: 926
Merit: 100
I do not think that etherem will fall at all, after the CZ #BSC tweet, in my opinion this is only a propaganda statement that wants to bring down ETH's glory, in fact I am still very optimistic about ETH at this time, Even though the transaction costs are very high using ETH, and many people complain about this problem, I hope the management team can overcome the problem of very high fees, so that the popularity of ETH can be maintained in the future,
full member
Activity: 1946
Merit: 112


ETH version 2 aka ETH. 2.0 will be launched their final phase around in the end 2021 or early 2022
https://cointelegraph.com/news/when-will-ethereum-2-0-fully-launch-roadmap-promises-speed-but-history-says-otherwise

Time to move on to Binance Smart Chain, shall we?
#BSC

For me, my acquaintance with crypto began precisely with ETH and I am sad to read from Binance that the owners of ETH can become poor. Of course, at the moment, the Ethereum network is experiencing a number of problems, primarily with the prices of commissions, but I think that this is not a reason to make such statements, since we have already seen such guys who argued that ETH will soon come to an end, but things are still there. ... I think Binance is great for creating a good ecosystem and implementing all the best and most trendy crypto trends in it, but they have no right to make such statements towards ETH fans. I believe that ETH owes much of its success to Binance and we need to be simpler. In general, I do not like this statement towards Ethereum and its community.
sr. member
Activity: 910
Merit: 252
I still optimistic about ethereum I am not going to sell . These guy took fork of ethereum and giving comment on that whatever the projects launched in BSC is another fork like pancakeswap is fork of uniswap still even more, He should have done invention has to put lots of effort on research nothing he just used fork of ethereum. People don’t believe him he just steal your money .
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
It is a bias statement because there's a rally between Ethereum's Smart Contract and Binance's Smart Chain. Can you imagine where Binance, CZ and associates?
They all started with Ethereum as an ERC20 token and now made themselves owner of their own chain.

Smart guys build their own smart chain I guess. Binance have been very successful at their products due to a lot of money spent on marketing but you can thank the BNB users for buying it up all the time and making it go up and up in price. Crazy to think about how it really hasn't any real utility other than what they made up for users:\
sr. member
Activity: 1876
Merit: 318
Finally, CZ commented on the problem of very high gas fees on the ETH platform, it is true that the ETH network is now more suitable for the rich.
Just imagine the gas fees that I have to pay right now are really crazy, this is what makes me unable to move my ERC20 tokens for a long time.
So from that why the current BNB price is suddenly very high, maybe this is because the popularity of BSC has risen dramatically after becoming
a solution for ETH platform users. Which BSC has transaction fees that are much cheaper when compared to ETH. So it is only natural that eventually
many ETH users switch to using BSC.
hero member
Activity: 1946
Merit: 502
The truth is eth 2.0 has no specific date of being launch and many are not even sure if it will solve  this heavy transaction problem, so why hanging on a hope alone, it could be that by year end there will be another reason for excuses,

We have alternatives in the market, blockchain is not about loyalty, it is about finding what works for the majority and clearly eth has failed in that aspect, it is time devs move onto a much cheaper and faster blockchain,  there are many options.
sr. member
Activity: 1190
Merit: 256
No, I'd rather wait about four months and stay with ethereum. This coin suits me perfectly. Moreover, I have a certain number of different ERC-20 tokens that are currently unprofitable to sell. Those who think it's time to leave ethereum for other platforms, let them go. Ethereum, after the update, will still show what it can do. Therefore, I will keep this coin.

One thing I try to remember is that BSC is not that different from Ethereum network. As far as I know, Binance developer team just did a few improvements and enhancements to the current eth network that made their better so there really isn't a big difference between both. The only downside for now is that you can make transactions easily without requiring huge fees while waiting for months for ETH staking to go live and normalcy to return to the network. Only a few of the existing crypto projects have switched  to BSC so I would still remain with eth except this changes in the near future.
hero member
Activity: 3024
Merit: 745
Top Crypto Casino
I am seeing some biased with this kind of statement. I'm not sure if this is a notification for the people who are interested to buy/invest eth or just want to criticize ethreum. Ethereum is one of the most stable coin in crypto ever since and recently reached its ATH.
It is a bias statement because there's a rally between Ethereum's Smart Contract and Binance's Smart Chain. Can you imagine where Binance, CZ and associates?
They all started with Ethereum as an ERC20 token and now made themselves owner of their own chain.
I see. So this is non sense statement at all that should be ignored. As long as we know what ethereum is capable of, we should not be threatened by those people who are pulling down the eth.
Many wouldn't ignore it because BNB is on its momentum and hype. The quick rise of its price is making everyone into it. But we can always have that option to ignore it.
When known people talks, there will be a lot of audiences that would like to hear things from them. And this one, it's really bias but it's up to how you will understand things and what's really happening if he's mentioning another project.
sr. member
Activity: 2352
Merit: 245
No, I'd rather wait about four months and stay with ethereum. This coin suits me perfectly. Moreover, I have a certain number of different ERC-20 tokens that are currently unprofitable to sell. Those who think it's time to leave ethereum for other platforms, let them go. Ethereum, after the update, will still show what it can do. Therefore, I will keep this coin.
sr. member
Activity: 1050
Merit: 250
Revolutionizing Reward Points
Time to move on to Binance Smart Chain, shall we?
#BSC
If ETH 2.0 is not up and running soon, what CZ says can come true and I am sure of it. Currently, many investors have started to look at BSC, and big projects have also moved networks from ETH to BSC.

but ethereum now available on Amazon managed Blockchain
wich mean, ethereum still become the best choice for a huge company such as Amazon mate
and the fact Eth marketcap still huge for now, for sure its impossible for BNB to beat the cap or ethereum in the near time buddy
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