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Topic: What do you think about Arbitrum future? (Read 674 times)

full member
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Chainjoes.com
April 21, 2024, 06:59:45 PM
#61
I've been noticing arbitrum since last year and i like the way how it stuggle in bear market and now become good mover in crypto industry. It comes to solve many problem on Ethereum chain and most of people start using it who love Ethereum. It suppose to be Arbitrum has highly chance to dominate Eth scaling in upcoming years and it also has a lots of positive side to adopt in the crypto space. So it could be good to go with this altcoin if you want to have it
hero member
Activity: 2758
Merit: 522
Leading Crypto Sports Betting & Casino Platform
I believe Arbitrum has a promising future ahead. The growing number of projects adopting the Arbitrum ecosystem, coupled with its significantly lower fees compared to ETH, indicates positive prospects. That's why I'm bullish on Arbitrum for the long term.
kinda unfair comparing L2 of ethereum itself with ethereum if talking about fee well but to be fair using arbitrum is indeed cheaper than using ethereum the sole reason why this kind of blockchain exists in the first place.
aside from that the presence of other L2 might be disrupting the position of arbitrum also disrupting its market cap as an investment.
we all know how much investment some other L2 are getting its by significant amount also these new L2 TVL are massive racking up as much as multibillion TVL and that I think is the reason why it might disrupt the presence of arbitrum in the future, if I were the one of arbitrum holders maybe i will try to look at those coins and try to rethink the decision of arbitrum though.
honestly its gonna be fine, we know arbitrum never reached the real all time high, and it will probably hit that around this bullrun.
jr. member
Activity: 78
Merit: 1
Chainjoes.com
I believe Arbitrum has a promising future ahead. The growing number of projects adopting the Arbitrum ecosystem, coupled with its significantly lower fees compared to ETH, indicates positive prospects. That's why I'm bullish on Arbitrum for the long term.
member
Activity: 312
Merit: 10
#SWGT PRE-SALE IS LIVE
I think arb future could be bright. I heard about unlocking Supplies and this month predicted to be hard for arb but still haven't found any serious conversation or FUD among investors. Rather arb pumped a lot even before btcs started pumping massively. Arb came with good solution and its fandmental is strong enough to manage any complex circumstances in my option. But this is my prediction only. Now unlocking Supplies will be the main factor for arb.
sr. member
Activity: 1624
Merit: 292
Eloncoin.org - Mars, here we come!

(source: https://defillama.com/unlocks/arbitrum )

The next unlock is very large so prices may fluctuate strongly in the surrounding period. I'm not sure everyone is paying attention to this, but for me it will take more observation to come up with additional strategies.

Fundamentally, ARB is still very strong in the space, but in terms of profits, we are not too satisfied, but nonetheless this is a long-term priority category for me.
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
February 29, 2024, 11:16:01 PM
#56
Yeah I hope layer 2 use their own coin to pay the miner because sometimes Airbitrum Itself is kinda Expensive, yesterday I want to approve contract and need almost 2$ in a single transaction maybe this is small for some people but believe me this is expensive than the fee from my bank account to another account.

maybe these become one problem at least for now
some newer blockchain allowing paying transaction fee using various coins but mostly they are still in testing, arbitrum itself having high fee actually doesn't really correlate that much with ethereum being used as a coin to pay for gas fee its due to the fact that everytime there's a transaction happening in arbitrum blockchain arbitrum need to submit it to the L1 that is ethereum and because every submit it contains so many data the fee are definitely gonna increase, even if it changes coin used to pay the fee it will be the same simply because its L2 for ethereum L1 basically means the whole arbitrum blockchain secured by the ethereum blockchain by submitting data for each executed transaction in ethereum L1.
if arbitrum want to be independent towards eth gas price fluctuation they need to create their own L1 blockchain.

Yeah I also hear about that on wallets like TrustWallet and TerraStation Wallet basically we can pay the fee with other tokens but it is still in beta. The arbitrum is fast in my opinion but since they are still using ETH as a main fee the price of eth can make move of the price of fee.

I can feel you because we are talking about single transaction here so what more if we are using this in regular transactions in daily basis when we need to have 10-20 transactions per day meaning we need to spend 20-40 dollars just like that?
what will happen if this will run in a week or a month?
and besides this is why we are in crypto to scape banking using but with this ethereum and other crypto fees having? I think in the coming days either we will use other coins or we need to use banks again.

I know right there is a bunch of new Dapp nowadays and everything needs approval. let's say if you want to stake a single side staking token you need at least 2-4 signs and approval and that alone can cost you a lot of money. Withdaw pffftttt do the math

We need a lot just for fee alone
sr. member
Activity: 2618
Merit: 439
February 23, 2024, 03:05:28 AM
#55
To be honest is worth buying but the ecosystem is using ETH as the main gas fee and the another problem is there is a lot of Layer2 Nowadays that bring their own unique capability.

But the Layer 2 Coin is still worth buying for now because Ethereum Gas fee is f*cking crazy and layer 2 is saving ton of it.



The fee is back to their PoW level I think
That is the only reason why  Ethereum and those project that connected using this specially in Gas fees are in trouble each time we have this market behavior and this is also the reason why the increase in value and support are being stagnant because of this same reason.
also Layer 2 project nowadays are the trending but lets see if this will continue anytime after the halving.

Yeah I hope layer 2 use their own coin to pay the miner because sometimes Airbitrum Itself is kinda Expensive, yesterday I want to approve contract and need almost 2$ in a single transaction maybe this is small for some people but believe me this is expensive than the fee from my bank account to another account.

maybe these become one problem at least for now
I can feel you because we are talking about single transaction here so what more if we are using this in regular transactions in daily basis when we need to have 10-20 transactions per day meaning we need to spend 20-40 dollars just like that?
what will happen if this will run in a week or a month?
and besides this is why we are in crypto to scape banking using but with this ethereum and other crypto fees having? I think in the coming days either we will use other coins or we need to use banks again.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
February 22, 2024, 11:06:44 PM
#54
That is the only reason why  Ethereum and those project that connected using this specially in Gas fees are in trouble each time we have this market behavior and this is also the reason why the increase in value and support are being stagnant because of this same reason.
also Layer 2 project nowadays are the trending but lets see if this will continue anytime after the halving.

Yeah I hope layer 2 use their own coin to pay the miner because sometimes Airbitrum Itself is kinda Expensive, yesterday I want to approve contract and need almost 2$ in a single transaction maybe this is small for some people but believe me this is expensive than the fee from my bank account to another account.

maybe these become one problem at least for now
some newer blockchain allowing paying transaction fee using various coins but mostly they are still in testing, arbitrum itself having high fee actually doesn't really correlate that much with ethereum being used as a coin to pay for gas fee its due to the fact that everytime there's a transaction happening in arbitrum blockchain arbitrum need to submit it to the L1 that is ethereum and because every submit it contains so many data the fee are definitely gonna increase, even if it changes coin used to pay the fee it will be the same simply because its L2 for ethereum L1 basically means the whole arbitrum blockchain secured by the ethereum blockchain by submitting data for each executed transaction in ethereum L1.
if arbitrum want to be independent towards eth gas price fluctuation they need to create their own L1 blockchain.
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
February 22, 2024, 09:59:35 PM
#53
To be honest is worth buying but the ecosystem is using ETH as the main gas fee and the another problem is there is a lot of Layer2 Nowadays that bring their own unique capability.

But the Layer 2 Coin is still worth buying for now because Ethereum Gas fee is f*cking crazy and layer 2 is saving ton of it.



The fee is back to their PoW level I think
That is the only reason why  Ethereum and those project that connected using this specially in Gas fees are in trouble each time we have this market behavior and this is also the reason why the increase in value and support are being stagnant because of this same reason.
also Layer 2 project nowadays are the trending but lets see if this will continue anytime after the halving.

Yeah I hope layer 2 use their own coin to pay the miner because sometimes Airbitrum Itself is kinda Expensive, yesterday I want to approve contract and need almost 2$ in a single transaction maybe this is small for some people but believe me this is expensive than the fee from my bank account to another account.

maybe these become one problem at least for now
sr. member
Activity: 2618
Merit: 439
February 22, 2024, 06:07:30 AM
#52
To be honest is worth buying but the ecosystem is using ETH as the main gas fee and the another problem is there is a lot of Layer2 Nowadays that bring their own unique capability.

But the Layer 2 Coin is still worth buying for now because Ethereum Gas fee is f*cking crazy and layer 2 is saving ton of it.



The fee is back to their PoW level I think
That is the only reason why  Ethereum and those project that connected using this specially in Gas fees are in trouble each time we have this market behavior and this is also the reason why the increase in value and support are being stagnant because of this same reason.
also Layer 2 project nowadays are the trending but lets see if this will continue anytime after the halving.
full member
Activity: 1974
Merit: 147
February 22, 2024, 02:22:43 AM
#51
Quote from: Justin999
So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?

Sometimes, those new projects will look good for investors to invest their money but what they will display in the future will make you feel bad, and it can make you feel that all new projects are the same which they are not because there are still some new projects you will invest and have some special income to achieve. I think, Arbitrum will have a brighter future for those that will hold the altcoin for a long time, because their team behind the altcoin will like to do something that will make those that invested on it to achieve huge amount of income that will attract more investors to join the investment in the future. Now that you have made Arbitrum your favorite altcoin, don't invest all your money at the moment, since the project is a new project in the market and it will be good you invest little to watch what it will bring in the future before you can increase your capital.
member
Activity: 375
Merit: 13
#SWGT PRE-SALE IS LIVE
February 21, 2024, 07:12:07 PM
#50
I think soon arb will enter into top cryptocurrency list. It's a L2 scaling solution for Ethereum. It aimed to significant improvements in transaction speed as well as reduce fees too. That's why it already start adopted and hope in future the demand of arb will keep increasing. That's why it could be good idea to invest arb. And i already bought some arb. I have no doubt, the largest community and better development will make arb fly soon
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
February 17, 2024, 10:41:30 PM
#49
right now the gwei reached 275 and it takes shit ton of money to just swap evne more so with NFT sale swapping now requires $280 its crazy as you said and L2 has become more effective than before but lets be real most of the real project still disregard the fee and deployed in ethereum and there are people that are willing to pay to get their NFT and coins honestly i wonder why these projects don't just deploy in all ethereum L2 i mean all of these L2 are basically just using EVM even if there is any thing different its just small difference but many project still go on and deploy in ethereum only.
arbitrum is really good L2 though indeed current fee still relatively cheap but still can't ignore the fact that arbitrum sequencer which used to write any underlying data to the main chain also guzzling fee like crazy and many of L2 also starting to have increased fee.

When the ethereum announced to make their mining from proof of work into proof of stake i think is gonna be change everything but turned out it not and i think the fee is going to crazy until i dont know that is why the layer 2 is very popular.

and yes fee is crazy also because the nft usually in the ethereum marketplace. but layer 2 getting popular because what the validate on their network still gonna push on layer 1 for security.

You are right about that there are many Layer2 Projects popped up last year. competition became so high for Arbitrum so users will probably be divided among all of those layer2 chain which could reduce Arbitrum value in future.
but that depends on how hard working their team is and what they bring to attract new users and keep their existing users engaged. Their big success was became possible because of their huge airdrop.

I know right competition getting high for now evm layer chain is everywhere because they want cheap as f*ck. and offcourse the airdrop comes to play so make all new layer 2 is very popluar
member
Activity: 811
Merit: 20
Chainjoes.com
February 15, 2024, 04:32:48 PM
#48
In my opinion it will probably all be a subjective decision as with most companies who prefer quick profits before innovation. As such most investors buy bad tokens to get quick profit. During this time many bad projects will suddenly pump for a short time and then the project will suddenly die. The reason for their short pump is that they will sell tokens and cheat investors out of their money. I don't want the market so should buy dependent tokens with certain timing.
hero member
Activity: 2660
Merit: 509
Leading Crypto Sports Betting & Casino Platform
February 14, 2024, 07:43:14 PM
#47
Arbitrum is one of the new altcoins that launched in 2023 and created for solving scaling solution. My eyes were on arbitrum and sui after they launched cause it found these altcoins as potential. Arbitrum aiming to speeding up, more scalability as possible. Especially it trying for fee efficiency where it changes lower amount even for higher throughput. This altcoin wasn't dump much when market was in bear attack and recently it got double on the start of this new year. I believe arb will be one of leading altcoin in future.
these coins are really good even more so with arbitrum despite the fact that they quite literally airdropped so many of their token to their loyal users of the blockchain it was massive and even then arbitrum aren't really dumping that hard as a result even until now so many people are utilizing arbitrum heavily because the community grow so fast after their initial airdrops.
though it might get disrupted with the upcoming L2 in the future, so many L2 that about to be released and also about to have their token released are having TVL of billions these days I guess they gonna be as massive as arbitrum if not more, personally i would ditch arbitrum for the sake of ivnesting in newer coins though. since they might have much more potential than the old ones, just following general trend.
member
Activity: 659
Merit: 10
Chainjoes.com
February 14, 2024, 01:19:03 PM
#46
It will definitely be a good coin in the future because now most of the tokens are accepting the Arbitrum ecosystem which is a big plus point. They have already provided large airdrops to its community and are the best way to invite investors. If the development activities of a project are fast then the future of that project is bright. You can invest if you want and there will be absolutely no risk as the best token.
hero member
Activity: 1218
Merit: 683
Tontogether | Save Smart & Win Big
February 13, 2024, 01:31:47 AM
#45
To be honest is worth buying but the ecosystem is using ETH as the main gas fee and the another problem is there is a lot of Layer2 Nowadays that bring their own unique capability.

But the Layer 2 Coin is still worth buying for now because Ethereum Gas fee is f*cking crazy and layer 2 is saving ton of it.



The fee is back to their PoW level I think
You are right about that there are many Layer2 Projects popped up last year. competition became so high for Arbitrum so users will probably be divided among all of those layer2 chain which could reduce Arbitrum value in future.
but that depends on how hard working their team is and what they bring to attract new users and keep their existing users engaged. Their big success was became possible because of their huge airdrop.
full member
Activity: 581
Merit: 104
Chainjoes.com
February 13, 2024, 12:47:12 AM
#44
Arbitrum is one of the new altcoins that launched in 2023 and created for solving scaling solution. My eyes were on arbitrum and sui after they launched cause it found these altcoins as potential. Arbitrum aiming to speeding up, more scalability as possible. Especially it trying for fee efficiency where it changes lower amount even for higher throughput. This altcoin wasn't dump much when market was in bear attack and recently it got double on the start of this new year. I believe arb will be one of leading altcoin in future.
newbie
Activity: 4
Merit: 0
February 11, 2024, 11:42:45 PM
#43
Xai launched the distribution of their tokens https://xaidao.live
member
Activity: 373
Merit: 12
Smart World Global Token
February 11, 2024, 11:03:08 PM
#42
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?
for Ethereum, gas fees is high for me, because sometimes we send little token to exchange or swap, this not good.  I think, network congestion caused by DeFi and NFTs has jacked up gas prices so much that transacting on ethhas become a pricey affair. So, with ARB because use layer 2, I think it's one solution for me. So this solution aims to fix these eye-watering gas fees by moving most transactions off-chain, only returning to the main Ethereum blockchain to record and verify transactions.

If ARB is effective with its Layer 2, it means we can enjoy the security of ETH minus the high gas fees, maybe yes. However, I think ARB is also developing, so I can't say fully about this network either, so far I think that's how it is.
legendary
Activity: 3080
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Leading Crypto Sports Betting & Casino Platform
February 08, 2024, 10:44:01 PM
#41
To be honest is worth buying but the ecosystem is using ETH as the main gas fee and the another problem is there is a lot of Layer2 Nowadays that bring their own unique capability.

But the Layer 2 Coin is still worth buying for now because Ethereum Gas fee is f*cking crazy and layer 2 is saving ton of it.



The fee is back to their PoW level I think
right now the gwei reached 275 and it takes shit ton of money to just swap evne more so with NFT sale swapping now requires $280 its crazy as you said and L2 has become more effective than before but lets be real most of the real project still disregard the fee and deployed in ethereum and there are people that are willing to pay to get their NFT and coins honestly i wonder why these projects don't just deploy in all ethereum L2 i mean all of these L2 are basically just using EVM even if there is any thing different its just small difference but many project still go on and deploy in ethereum only.
arbitrum is really good L2 though indeed current fee still relatively cheap but still can't ignore the fact that arbitrum sequencer which used to write any underlying data to the main chain also guzzling fee like crazy and many of L2 also starting to have increased fee.
copper member
Activity: 1988
Merit: 905
Part of AOBT - English Translator to Indonesia
February 08, 2024, 10:01:00 PM
#40
To be honest is worth buying but the ecosystem is using ETH as the main gas fee and the another problem is there is a lot of Layer2 Nowadays that bring their own unique capability.

But the Layer 2 Coin is still worth buying for now because Ethereum Gas fee is f*cking crazy and layer 2 is saving ton of it.



The fee is back to their PoW level I think
legendary
Activity: 2268
Merit: 1655
To the Moon
February 08, 2024, 08:18:23 PM
#39
Yes it wouldn't be a wise decision to invest now if there would be a possible dumo due to token unlock in the month of March as dump will be inevitable and if it happens then we will see repeat of 2023 wherein it was trending red from the month of May up until last week of December so I don't want to invest now only to get dumped and have to wait for a good 6 months rather we can utilize the March month's token unlock and buy more when the price dips and no doubt about the capability of project as eventually it will pump but we need to consider the timing as well in order to stay on top of market.

It just so happens that most people start thinking about buying a coin when the price has reached a local high. And perhaps the best solution at such a moment is to open a short position. But if you do not trade with leverage, then you can just stay on the sidelines, waiting for the price of the coin to be adjusted and then make a purchase at a reduced price.
hero member
Activity: 1540
Merit: 564
Eloncoin.org - Mars, here we come!
February 03, 2024, 03:32:00 PM
#38
Arbitrum's TVL has grown expotentially lately, it's the reason for the price hike you are seeing. However, I expect it to dump with the huge unlock that's coming in March, unless there is some change in that unlock via governance, it's likely to dump somewhat.

Personal opinion, I like Optimism better than Arbitrum, but Arbitrum has highest TPS among Layer 2s, and constant development so I'm gonna hold some for indefinite amount of time.
Bro I was not aware of any token unlock coming in march. I was thinking that Arbitrum might pump in near future but just what you told us, changed my mind. if they are really going to have a huge token unlock in march then I agree with you that their token price will be dumped a lot.
And then it would take some time to recover.
I think it is not wise to invest in Arbitrum then until April or May after some certainity of their token unlock. if the price really dumped then that would be a good chant to accumulate some ARB tokens.

Yes it wouldn't be a wise decision to invest now if there would be a possible dumo due to token unlock in the month of March as dump will be inevitable and if it happens then we will see repeat of 2023 wherein it was trending red from the month of May up until last week of December so I don't want to invest now only to get dumped and have to wait for a good 6 months rather we can utilize the March month's token unlock and buy more when the price dips and no doubt about the capability of project as eventually it will pump but we need to consider the timing as well in order to stay on top of market.
hero member
Activity: 2464
Merit: 644
Eloncoin.org - Mars, here we come!
February 03, 2024, 10:51:22 AM
#37
Arbitrum's TVL has grown expotentially lately, it's the reason for the price hike you are seeing. However, I expect it to dump with the huge unlock that's coming in March, unless there is some change in that unlock via governance, it's likely to dump somewhat.

Personal opinion, I like Optimism better than Arbitrum, but Arbitrum has highest TPS among Layer 2s, and constant development so I'm gonna hold some for indefinite amount of time.
Bro I was not aware of any token unlock coming in march. I was thinking that Arbitrum might pump in near future but just what you told us, changed my mind. if they are really going to have a huge token unlock in march then I agree with you that their token price will be dumped a lot.
And then it would take some time to recover.
I think it is not wise to invest in Arbitrum then until April or May after some certainity of their token unlock. if the price really dumped then that would be a good chant to accumulate some ARB tokens.
member
Activity: 391
Merit: 13
Sugars.zone | DatingFi - Earn for Posting
February 03, 2024, 09:59:01 AM
#36
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?
Excitement about Arbitrum potential as a Layer 2 scaling solution for Ethereum is understand with you excited. It aims to boost transaction speeds, cut costs, and maintain security and decentralization. I read in telegram or twiter, crypto community is much talk about Arbitrum's ability to address scalability issues. Its tight integration with Ethereum could make it a hot commodity.
But, you know, diving into crypto investments always comes with itsuncertainty and I think you know that. because if have issue sensitive like FUD, market down or red sign. and those regulatory curveballs can come out of nowhere. While there are some pretty bullish forecasts floating around about Arbitrum's future, there's also a chorus advising a bit of caution.
member
Activity: 812
Merit: 53
January 30, 2024, 07:13:50 AM
#35
Arbitrum is a good layer 2 project. Its future is very bright. Arbitrum gives a very good airdrop to their early network testers. Arbitrum community is very happy with their airdrop. They distributes a very good airdrop to their earl supporters. TVL is also very good. Blockchain is very fast. I recommend you to hold some arbitrum coin in your wallet it really gives you benefit in future.
sr. member
Activity: 1302
Merit: 250
Sugars.zone | DatingFi - Earn for Posting
January 29, 2024, 12:58:06 PM
#34
If you look at current developments, there are many new projects in the arbitrum chain ecosystem, such as the ethereum network which is supported by many new projects that can increase prices. Hopefully this happens to ARB so that it becomes an altcoin that we should buy. especially to face the upcoming bull, who knows, the coin could reach a new price of all time
legendary
Activity: 2268
Merit: 1655
To the Moon
January 29, 2024, 07:10:44 AM
#33
Arbitram is a popular coin for me. This Arbitrum may not be popular with many. We saw a few days ago that ARB was a very deep buying opportunity but now it has gone up a lot. But there are still plenty of opportunities to buy if the buy and hold investment certainly makes arbitrage a good position during the Bitcoin bullrun. ..

Despite the fact that ARB is a popular coin and has a high potential to increase the price, I do not like the commissions on the Arbitrum network, as they are too high for the L2 level. And if I have the opportunity to use another network, then I always use this opportunity.
legendary
Activity: 3738
Merit: 1708
January 29, 2024, 01:32:06 AM
#32
I think when it comes to ETH L2 then ARB is the number one choice due to the sheer volume of transaction and actual trading for all the different platforms out there.

Most people trust it more than some of the other layers like polygon or zksync. I use it from time to time. Fees are much much cheaper than ETH itself however they could be even cheaper.

Polygon network I think i paid less than half a penny for a simple transaction, on arb it’s never that cheap. It’s around 10-20 cents last time I checked.
full member
Activity: 1092
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Sugars.zone | DatingFi - Earn for Posting
January 27, 2024, 03:47:50 PM
#31
I consider Arbitrum to be truly captivating with its cutting-edge technologies and swift ecosystem growth. Despite a substantial dip post-testnet, the coin's market performance remains robust. The project has demonstrated its reliability and stands firmly. I view it as a long-term investment
hero member
Activity: 798
Merit: 538
★Bitvest.io★ Play Plinko or Invest!
January 23, 2024, 12:06:49 PM
#30
with the current scalability of layer 2, I think arbitrum will be good for the future, especially this year and next year.
If you want to buy now, it's not a bad time and you can accumulate it over the next few months.

You're right, this may not have to be arbitrum always, any other projects could also have a good performance this year after the halving, all we can do is to invest and hold them till that certain condition warrants for their rise, the way a currency can perform varies from each other, if we had known about everything right on time, we would have decided well on what to go for and what not to.
sr. member
Activity: 1778
Merit: 264
January 23, 2024, 08:48:28 AM
#29
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?

Arbitrum is an Altcoin that has quite potential, in fact this Altcoin is able to have advantages in overcoming the problem of expensive transaction costs and can speed up transactions.  In my opinion, Arbitrum is an alternative coin that is able to answer the high transaction costs on Ethereum.  This altcoin could be a recommendation to be used as a long-term investment asset.
hero member
Activity: 2660
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Leading Crypto Sports Betting & Casino Platform
January 21, 2024, 09:24:07 PM
#28
with the current scalability of layer 2, I think arbitrum will be good for the future, especially this year and next year.
If you want to buy now, it's not a bad time and you can accumulate it over the next few months.

In the layer 2 race for now arbitrum looks like the winner, but there are few more layer 2 upcoming which seems better than top 2 layer 2 in the market right now. Manta just released their token few days ago and their TVL growth was impressive. Also they are using the best technology in the market so they just need a proper marketing and partnership to get a top position. Their TVL is almost 1 billion right now so it won't be hard to get a few billion dollars if they can keep the hype going.
to be honest i think manta have better chance of going up, arbitrum already increased from few months ago, i think it has reached its current peak and maybe waiting for the next bullrun coming from bitcoin but with manta it is still new coin, its having some frequent price swinging and seems like testing resistance at the top level to breakthrough definitely might become the next tia at this point.
also the hype around this coin is still good anyway, i think its just gonna get better, recent accussation against the dev team in recent time has also been clarified and made clear.

...I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?

You've been thinking too long, until quite recently the price of the coin was two times lower than the current one. However, it is a good decision to hold a little ARB in your portfolio, as the price should potentially be higher. But I practically stopped using this blockchain, since the commissions are too high compared to other L2.
agreed with this each transaction take about $1 or more, while the other blockchain only few cents, this blockchain is highly congested with traffic i don't know why since other blockchain like optimism are just as good if not better in term of ecosystem, maybe the scalalability and capability of both blockchain differ.
legendary
Activity: 2268
Merit: 1655
To the Moon
January 21, 2024, 07:59:25 PM
#27
...I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?

You've been thinking too long, until quite recently the price of the coin was two times lower than the current one. However, it is a good decision to hold a little ARB in your portfolio, as the price should potentially be higher. But I practically stopped using this blockchain, since the commissions are too high compared to other L2.
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January 21, 2024, 04:03:43 PM
#26
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?

In my opinion, it is worth buying Arbitrum because Arbitrum is able to work using optimistic rollups technology. Arbitrum collects a collection of transactions, completes them on the Arbitrum rollup chain, and then enters the transaction data back into the Ethereum blockchain. That is one of the advantages of Arbitrum because of this advantage. I think Arbitrum is very useful to buy. Moreover, a few months ago, you could buy Arbitrum on Binance. I think Arbitrum will be a big coin that rivals Solana and others. How do you agree with my opinion? Forgive me if I'm wrong.
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January 21, 2024, 04:14:48 AM
#25
Arbitrum (arb) yes? it's still very cheap $1.85 is suitable for buying after buying ethreum in between routines with this chain, one thing that keeps me interested until now is because in the past when there was a hunt and many airdrops for arbitrum claimers, it was very impressive even though I didn't get an allocation Sad .Maybe there are some other people like me, because the project is good even though there is a mass sale the price is still stable until now.

For me arb is also suitable for long-term investment, or to hold assets with ethreum L2 derivatives which are quite phenomenal at the moment. If you buy arb, try to buy ethreum too, because the ethreum chain that I often use and so far I am very comfortable, if there is another L2 in ethreum you can get it at a price that is still maintained, there will be a lot of funds out if you buy all the ethreum impromptu and spend it all, but as long as your finances are safe, of course it is not a problem, this is just an illustration of how I save money in L1 and L2 or you can share which one you think is more priority, and I prefer the chain owner (eth).

I often use chain arb because the gas fee is very affordable, and rarely use arb tokens for daily use or currently I have no intention of investing in arbitrum, because I still choose ethreum.
legendary
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January 20, 2024, 10:11:49 PM
#24
with the current scalability of layer 2, I think arbitrum will be good for the future, especially this year and next year.
If you want to buy now, it's not a bad time and you can accumulate it over the next few months.

In the layer 2 race for now arbitrum looks like the winner, but there are few more layer 2 upcoming which seems better than top 2 layer 2 in the market right now. Manta just released their token few days ago and their TVL growth was impressive. Also they are using the best technology in the market so they just need a proper marketing and partnership to get a top position. Their TVL is almost 1 billion right now so it won't be hard to get a few billion dollars if they can keep the hype going.
beside from manta there are handful of other L2 waiting to get that share of arbitrum current market capitalization because frankly speaking i dont believe if other L2 release the existing L2 will not have some change in their market cap amounts. few of them are linea and blast, these are just equally as good if not better since they are newer blockchain meaning they have the advantage of implementing the state of art technology added wiht some gimmick for the sake of creating "better" blockchain and surely even at their initial introduction they are already so populated enough with transactions.
not to mention blast coming from the dev of blur is also hoarding that $1.5 billion if im not mistaken in their staking program that directly equates to point for future blast token release.
its just overall fierce competition with L2 and I think everything will significantly change in the future, the L2 of today, that are having some good pump, might dump in the future.
I personally would prefer the new coin though since they are just more future proof and haven't reached any all time high yet.
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January 20, 2024, 07:45:37 PM
#23
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?
Arbitram is a popular coin for me. This Arbitrum may not be popular with many. We saw a few days ago that ARB was a very deep buying opportunity but now it has gone up a lot. But there are still plenty of opportunities to buy if the buy and hold investment certainly makes arbitrage a good position during the Bitcoin bullrun. ARB Coin is currently valued at $1.811. I think now is a good time to buy. Those who want to buy can buy at their own risk. I hope the market will be profitable during Bulran.
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January 20, 2024, 03:22:07 PM
#22
with the current scalability of layer 2, I think arbitrum will be good for the future, especially this year and next year.
If you want to buy now, it's not a bad time and you can accumulate it over the next few months.

In the layer 2 race for now arbitrum looks like the winner, but there are few more layer 2 upcoming which seems better than top 2 layer 2 in the market right now. Manta just released their token few days ago and their TVL growth was impressive. Also they are using the best technology in the market so they just need a proper marketing and partnership to get a top position. Their TVL is almost 1 billion right now so it won't be hard to get a few billion dollars if they can keep the hype going.
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January 20, 2024, 01:18:45 PM
#21
with the current scalability of layer 2, I think arbitrum will be good for the future, especially this year and next year.
If you want to buy now, it's not a bad time and you can accumulate it over the next few months.
legendary
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January 20, 2024, 10:21:52 AM
#20
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?
Well imho it shouldn't be a token in a first place, as it was working fine without it. I see governance tokens as a waste of time with projects like this, as i am sure that most of the holders doen't understand what's best road to take when it comes for the code anyway. So why they even bother to vote?

And i've said this before, but now it's going to be whale hodlers who will use it as much as a cashcow as they can. Most likely it all will be sort sighted decisions, like with most companies that prefer fast profits before innovation. So technically i could see fast gains for it if future of token mechanics are being manipulated by whales. But take all this with a grain of salt as i might be bitter not getting the airdrop even when i tried. Smiley

What arbtrum did for me, was made me more interested of Ethereum as layer 1 than i was before, because something like arb was build on it. I wasn't interested so much arbitrum token though.

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January 20, 2024, 06:18:25 AM
#19
Quote from: Justin999
I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?
If you are buying Arbitrum for high gain, ensure you buy in a huge amount of money and hodl for a long time before you can sell to achieve your desire because if you apply short term hodling on the Arbitrum, I don't think you will achieve what you want from your investment.

Anything that concern altcoins, it hard for someone to predict it right sometimes because they can do some funny things that will make someone to regret never to invest on that particular altcoins the way the price will continue dumping in the market
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January 20, 2024, 04:54:40 AM
#18
(...)Personal opinion, I like Optimism better than Arbitrum, but Arbitrum has highest TPS among Layer 2s, and constant development so I'm gonna hold some for indefinite amount of time.
Me too, really like the Optimism, but clearly the development direction of the project is different. With Optimism, I see they focus more on building new layers than building ecosystem infrastructure.

How do you mean? Optimism is building OP ecosystem too, new chains are announced frequently on their Twitter handle build upon OP stack and all them collectively making Optimism a Superchain. Imo, Optimism is on it's way to become mighty force in crypto ecosystem.

Quote
And Arbitrum shows the ecosystem development strategy, proving that TVL is always in the leading position in L2. But to be honest, ARB is potential is still very much there, I have some speculations that the price will increase a lot in the upcoming growth cycle.

Arbitrum is leading in terms of TVL and TPS right now, but I feel in long term Optimism gonna surpass it.


I see some similarities in the competition in Optimism vs Arbitrum, similar to Linux vs Windows Smiley . And the Optimism direction is like how Linux can be customized according to the user's wishes, while Arbitrum builds a diverse infrastructure.

But it must also be too separate when both are worth speculating, the potential is undeniable, and it would not be too surprising if both of them will be leading in L2 in the near future, although currently there are many competitors the new also has potential.
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January 20, 2024, 01:09:13 AM
#17
Arbitrum for me is the best layer-2 network for me, in my own opinion.
This chain is the most chain among all layer-2 networks I have a lot of volume transactions, especially in all Decentralized Finance (DeFi) platforms.
As you can see, Arbitrum is the TVL among the layer-2 that is based on Ethereum.
Have heard this ARB from a friend since last year because this is one of the coin he had invested
and wanted me to check and tried investing but I forgot it then not until I read this thread and now that
you mentioned this about best in layer 2 networks and I think there is still room for investing then I will
consider buying while the price is discounted.
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January 19, 2024, 09:03:58 PM
#16
(...)Personal opinion, I like Optimism better than Arbitrum, but Arbitrum has highest TPS among Layer 2s, and constant development so I'm gonna hold some for indefinite amount of time.
Me too, really like the Optimism, but clearly the development direction of the project is different. With Optimism, I see they focus more on building new layers than building ecosystem infrastructure.

How do you mean? Optimism is building OP ecosystem too, new chains are announced frequently on their Twitter handle build upon OP stack and all them collectively making Optimism a Superchain. Imo, Optimism is on it's way to become mighty force in crypto ecosystem.

Quote
And Arbitrum shows the ecosystem development strategy, proving that TVL is always in the leading position in L2. But to be honest, ARB is potential is still very much there, I have some speculations that the price will increase a lot in the upcoming growth cycle.

Arbitrum is leading in terms of TVL and TPS right now, but I feel in long term Optimism gonna surpass it.
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January 19, 2024, 02:26:28 PM
#15
(...)Personal opinion, I like Optimism better than Arbitrum, but Arbitrum has highest TPS among Layer 2s, and constant development so I'm gonna hold some for indefinite amount of time.

Me too, really like the Optimism, but clearly the development direction of the project is different. With Optimism, I see they focus more on building new layers than building ecosystem infrastructure. And Arbitrum shows the ecosystem development strategy, proving that TVL is always in the leading position in L2. But to be honest, ARB is potential is still very much there, I have some speculations that the price will increase a lot in the upcoming growth cycle.
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January 19, 2024, 01:23:02 PM
#14
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?

Layer 2 is the future of ethereum scaling solutions, and this ecosystem will grow rapidly, but the problem is there are already so many layer 2 out there and more are coming. So the money inflow of these layer 2 will not go to one single project but it will split in various layer 2 that already exist. Arbitrum is already one of the leading projects in its sector, so it doesn't have to worry about defending its position. Other layer 2 are providing unique ideas and better technology so it will be a big competition among all these new projects.
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January 19, 2024, 10:33:54 AM
#13

I think Arbitrum will be one of the top gainers this year because ARB is a good project and many projects have joined their ecosystem.
arb enables cheaper and faster transactions, one of the problems with ethereum that arbitrum solves.
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January 16, 2024, 08:57:56 PM
#12
the only thing that disappoint me with arbitrum is probably the fact that fee is quite high with this blockchain maybe because the traffic is high and it also implies that many people are using the blockchain but as a L2 it supposed to be cheap but sometime using arbitrum executing smart contract method it requires $2-3 even though its cheap if compared by ethereum standard its quite expensive if compared with other L2 like matic and so on.
but the future of arbitrum is bright to be honest, so many defi succeeding the ecosystem is also flourishing but if its already increasing in price that it touches the price of its initial listing, i doubt its gonna be good investment but regardless its still worth it to invest rather than investing in older coin that has lost its user base and community anyway.
but I would be on to look out to see the other L2 thats gonna be released in the future they might be having higher potential since so many of them are having some staking program that have locked hundred millions of dollars alone as a TVL and that looks promising in my opinion.
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January 16, 2024, 12:25:31 AM
#11
Arbitrum for me is the best layer-2 network for me, in my own opinion.
This chain is the most chain among all layer-2 networks I have a lot of volume transactions, especially in all Decentralized Finance (DeFi) platforms.
As you can see, Arbitrum is the TVL among the layer-2 that is based on Ethereum.
With this potential of Arbitrum, and you even thought it is better than Optimism, what is your target price for Arbitrum?

Would you share your thinking on why Arbitrum is better than Optimism?
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January 15, 2024, 07:51:12 PM
#10
Eventually I think the hype will die down.
Later 2s to Ethereum will be plagued by the same fundamental issues Ethereum has.
Expensive transactions, complexity and centralization.

Even ethereum's most nodes (who have now replaced miners) are run on commercial servers. The requirements (and financial incentives) make it almost an impossibility to run an etherum full node on a home computer. Imagine getting slashed and losing thousands in eth just because of a power outage for instance. This has brought a lot of centralization on later one even.

On the other hand, the so called web3 is also very centralized. Every transaction metamask processes for instance is based on centralized relays that can get hacked. And even websites don't use their own nodes. The recent hack of ledger's library for web3 proved how flawed and centralized web3 is. These issues are becoming harder to fix as we get more layer 2s, not easier.

Maybe in many years there will be a DeFi as decentelized as Bitcoin. When that comes, and if, solutions like Arbitrum will remain in the past.
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January 15, 2024, 07:44:00 PM
#9
I also hear a lot of good things about ARB. I missed the airdrop of it but it seems that it won't end up being like that, unlike the others. I guess you can compile all of those good feedback and thoughts about ARB and see to it that the community is very supportive.

Arbitrum also provides large airdrops to its community, showing their seriousness towards the project and community.
Are they continually doing it or you're talking to the one that was done last year which I missed?
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January 15, 2024, 07:38:03 PM
#8
Arbitrum for me is the best layer-2 network for me, in my own opinion.
This chain is the most chain among all layer-2 networks I have a lot of volume transactions, especially in all Decentralized Finance (DeFi) platforms.
As you can see, Arbitrum is the TVL among the layer-2 that is based on Ethereum.
legendary
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January 15, 2024, 04:37:24 PM
#7
I hear a lot about a good alternative project to replace Ethereum for Arbirtrum. As TVL, it is a project with good values. I know that they have a fast Layer 2 ecosystem, I am generally positive, even though I am not hodling it right now. Even their slogan, Etherum of the Future, is actually quite an ambitious approach.
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January 15, 2024, 11:27:50 AM
#6
Arbitrum will have a good future, because there are so many projects trying the Arbitrum ecosystem, plus the fees offered by ETH Arbitrum are much cheaper.
that's why my prediction says bullish towards arbitrum.
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January 15, 2024, 06:49:20 AM
#5
There are a lot of coins that are promising to solve scalability problems and other problems that we know about, I don't have that one in my portfolio, I just continue with MATIC as the L2 coin.

I'm thinking about making contributions in these other currencies as well, just to speculate.
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January 15, 2024, 04:22:33 AM
#4
I think Arbitrum is a good and widely used multichain network, this is an alternative to sending ETH with low fees.
Arbitrum also provides large airdrops to its community, showing their seriousness towards the project and community.
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January 14, 2024, 08:45:39 PM
#3
arbitrum is layer 2 though, but im kinda pessimistic with these L2 coin they rarely rise that much after initial massive pump basically right now the ones that pump so much are always L1 like SEI,SUI, solana and so on even though lately optimism has been gaining some good increase, but doesn't this just means that if ethereum is rising in the future, even more so when ETF ETH approved, i think these L2 are also gonna be having some pump, maybe right now still right time to accumulate arbitrum and so on so holding it might be a good thing, but one thing for sure we haven't see any real bullrun yet.
if you think arb is good just hold it, because its indeed good, just like optimisim and aptos, but expect to see more and more L2 coming up this time around, so many l2 are created these days maybe it will disrupt existing L2 a bit.
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January 14, 2024, 07:16:20 PM
#2
Arbitrum's TVL has grown expotentially lately, it's the reason for the price hike you are seeing. However, I expect it to dump with the huge unlock that's coming in March, unless there is some change in that unlock via governance, it's likely to dump somewhat.

Personal opinion, I like Optimism better than Arbitrum, but Arbitrum has highest TPS among Layer 2s, and constant development so I'm gonna hold some for indefinite amount of time.
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January 14, 2024, 03:59:30 PM
#1
Arbitrum is one of my favorite altcoin. Arbitrum, an another Layer 2 altcoin, has leading technologies and it is set to solve some critical issues in the crypto market where others network has been plagued with. the recent skyrocket growth of the Arbitrum ecosystem, makes me more serious about it and hope it will inherently in demand among people. I'm planning to buy it for higher gains. So what do you think? Is this Arbitrum worth buying? And what do you think about the future of this altcoin?
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