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Jeffrey Wilcke (Ethereum co-founder) just transferred 22K $ETH ($41M) to Kraken

Changpeng 长鹏 Token | Memecoin | Stealth Launch | Renounced | LP Locked | 0% Taxes | Strong Marketing | Join Us |

Raptor Jesus the Messiah of Memes, originated in 2006 the next 100x Fair Launching Soon!

Unable to unstake ETH - sold ETH2 to ETH with discount now

VanEck Forecasts ETH Surge to $11,800 by 2030, Competing with U.S Bonds

King Charles Meme Token $KING | Stealth Launch at 5th June 16:00 UTC | Huge Marketing Plans

I was depositing $500 ETH into my Bovada account and burned $500 instead…

Are you bullish on BCH yet?

? Withdrawing ETH on Optimism Network (CB Wallet)

If someone can help, then every penny will be a big amount for me

Ethereum Validator Queue up to 46 Days with 93,838 Validators Entering Queue

I just started minting NFTs - how do I make this effort profitable?

One single person lost $8M from the Atomic Wallet hack, over $35M have been stolen so far and even Phishing scam fake refunds are coming in. Be careful.

What’s one reason your alt holdings didn’t work out?

There is too much victim blaming in crypto space for decisions that people made that weren't even too stupid.

How could we solve the pain point of private key management for crypto wallets?

[SERIOUS] I believe my Metamask that I set-up with the Seed Phrase from Reddit vault, was compromised. Need advice.

A Positive Experience with Swapspace.co - Lost Funds Recovered

Coinbase Derivatives Exchange To Launch ‘Institutional-Sized’ Bitcoin (BTC) and Ethereum (ETH) Futures Contracts - The Daily Hodl

Reddit is promoting crypto scams

Reddit is shutting down its free API/third party client. We've been working on a fully P2P Reddit alternative that uses crypto domains for community names and usernames for 2 years.

Atomic wallet mass hack

$SMRF - The bluest memecoin is here to spread happiness. | on ETH Network!

$SMRF | The Bluest Memecoin is here to spread happiness - ETC Network

$SMRF - The Bluest Memecoin is here to spread happiness | ERC

Celsius Allocates $745 Million Worth of ETH Staking, Causing Congestion on Ethereum Network

r/CryptoCurrencySee Post

I always feel like crypto is more valuable than fiat

I paid a crypto-marketer on twitter some ETH for an NFT project I just launched- here's how it went

JinPooh token [ ETH PRESALE Coming Soon !!

if u sad this morning...

This JaredfromSubway impostor has managed to scam nearly half a million dollars in under 5 days

I'm getting scammed, right?! What do. [SERIOUS]

What is the Better Buy? BTC/ETH Need Not Apply.

Reddit is shutting down its free API/third party client. We've been working on a fully P2P Reddit alternative that uses ENS for community names and usernames for 2 years. (cross post from r/ethereum with 482 upvotes)

Grumpy Cat Coin ETH

Best alternative to coinbase with lower fees?

Rocket Pool to Allow Users to Stake ETH on Ethereum Layer-2 zkSync Era

Massive 4500 ETH Transaction Noted by Crypto Analytics Platform Lookonchain

Ethereum (ETH) Price Climbs Steadily as Holders Anticipate $2,000 Mark

r/CryptoCurrencySee Post

Someone hacked secondary official Fortnite account with 2 million followers, they put out a tweet promoting fake token telling Fortnite Twitter followers to send them ETH for fake presale... And in the end they managed to make (steal) a whooping ... 0.07 ETH ($139)

Dematerialization of the blockchain

Coinbase Derivatives Exchange set to roll out BTC and ETH futures

ETH DCA Strategy - 4 Year Backtest - Analysis Results

It has been almost a year since the bankruptcy of 3AC (3 Arrows Capital) - Let’s take a look back at what happened

How not to get distracted from a core portfolio?

r/CryptoCurrencySee Post

Today, Crypto Influencer Ben.ETH's 3rd project in a month was rug pulled within minutes of it launch. Also today, Crypto Influencer Ben.ETH launches his 4th project in a month, this time a 10k NFT project with a .1 ETH mint price.

r/CryptoCurrencySee Post

Regression to the Mean For BTC and ETH Using the MA 1000 - June 2023 Update

r/CryptoMoonShotsSee Post

Organic Inu | CMC Listed | Huge Marketing Plans | Active Community

Advancing Innovation in Ethereum Staking With Chainlink ETH Staking APR Feeds | Chainlink Blog

It has been nearly a year since the bankruptcy of 3AC (3 Arrows Capital) - Let’s take a look back at what happened

The hottest project in LSDfi space these days with TVL crossed 100M in just 1 month but it is created by a highly anonymous team with funds from Tornado Cash ?

Pulsechain hilariously touted being an improvement to Ethereum, when in reality it's just another way for Richard Heart to rake in tons of ETH off "donations" (Great article by CMC)

There is no point in holding anything long term except BTC and ETH!!

Cardano: An in-depth look at its advantages an disadvantages

27920000000 Trillion dollar market cap coin,

Ethereum Fees Plunge 69% Following A Yearly High In May, What This Means For ETH

Strategy For Next Bull run

$OSCAR | One-Stop Solution | L2 Bridge | Farming Live | Staking | Mobile App | Binance Live | KYC | Doxed | CertiK Audit | 62.5 ETH Raised on Pinksale | DEX Live on Arbitrum | Sushiswap Launching @ 19:30 UTC on June 1st |

OscarSwap | $OSCAR | L2 Bridge | Farming Live | Staking | Mobile App | Binance Live | KYC | Doxed | CertiK Audit | 62.5 ETH raised on Pinksale | Sushiswap Launching @ 19:30 UTC on June 1st | DEX Live on Arbitrum |.

Real interest rates and inflation in crypto staking - APR is not telling the full truth

The Orbiter Finance discord has been hacked. Fake airdrop claim is up, draining everybody’s wallets who connect.

Does the low total value locked compares to Market Cap makes sense to buy ?

Why do we call the smallest denomination of bitcoin a Satoshi (SAT) but we don't call the smallest denomination of Ether a Vitalik (VIT)?

Holding on to my Alts for So Long – Is it Time to Cut My Losses and Switch to Blue Chips?

Send ETH to this address 0x53c75B247Eaa57D31aeCFA95FeB5ab1eE151eDF0 and get nothing

Swap/L2 user experience - definitely not the way for mass adoption.

Ethereum holders pull $1 billion in ETH off exchanges hinting retail-led rally

Tornado Cash hackers used Tornado Cash to launder funds stolen from Tornado Cash

Organic Inu $ORGANIC. CMC Listed. Active community. Best potential of 2023

'Send ETH' tweets spark various theories and warnings

BTC vs ETH - Why do we, as a community keep comparing these two when they are different in many ways. Embracing both unlocks full potential of crypto, and most people in crypto world will tell you that you should hold Bitcoin and Ethereum.

r/CryptoCurrencySee Post

Real interest rates and inflation in crypto staking - It's not only about APR

r/CryptoCurrencySee Post

ETH & ADA / DOT / Avax , % Down from 2021 Bull Run, Market Cap , Total Value Locked & Total Wallet Addresses.

r/CryptoCurrencySee Post

Send ETH here: 0x78B0E0Cc43a5F999f3528D0Be44930052cD02156

r/CryptoCurrencySee Post

Adding Moons to the LP - Two month review

Binance: 1,909 ETHs transferred by the suspected fraudulent XIRTAM project have been unfrozen

Bitcoin Shrimps on the rise and Whales are on decline

I'm pouring everything extra cash on BTC and ETH.

You Get Nothing! You Lose! Good Day, Sir!

$BIRB is the next 100x gem (a top voted project on CMC Killer Whales tv show)

r/CryptoMarketsSee Post

Global investment manager VanEck says Ethereum (ETH) could hit $51,000 in less than seven years if certain conditions align. In a new research report, VanEck lays out its base, bear and bull cases for Ethereum’s performance going into the end of the decade. LFG!!! GLTA!!!

r/CryptoMoonShotsSee Post

Changpeng Token | Memecoin | Stealth Launched | Renounced | LP Locked | 0% Taxes

r/CryptoCurrencySee Post

Is Ethereum Ready To Outperform Bitcoin? Benjamin Cowen Updates ETH/BTC Outlook

Ethereum (ETH): Breaking Barriers or Sliding Further? A Comprehensive Market Analysis

Is Ethereum Ready To Outperform Bitcoin? Top Analyst Benjamin Cowen Updates ETH/BTC Outlook - The Daily Hodl

Crypto influencer posts wallet address, tells followers they will get nothing, and has received over 300 ETH as a result

Ethereum (ETH) Price Bounces to $1,900: What's Next?

Everything you need to know about Ethereum Gas Fees

KuCoin allegedly burned millions in ETH in 2022

KuCoin allegedly burned millions in ETH in 2022

Governments should be encouraging crypto staking particularly through regulated exchanges

Is there a list of centralized and decentralized cryptocurrency?

Burning ETH is great for the price, but may be a risk to decentralization (A critique of the ETH burn model and a recommendation for new economics)

I’m Canadian, where should I keep my BTC, ETH and XRP now that Binance and Nexo are pulling out?

r/CryptoCurrencySee Post

Show me your crystal balls

r/CryptoMoonShotsSee Post

GEAR 5 - ギア5 | Today 30th May 6pm Utc | Luffy's Awakening | Bring Anime Season Back!

Tether CTO Paolo Ardoino Outlined The Company’s Vision & Strategy

Extremely exciting narratives coming to crypto in the next 12-24 month

$51,000 Ethereum (ETH) Now on the Table, According to VanEck – Here’s Their Outlook - The Daily Hodl

Mentions

No Intelligent person can do research into ETH and the conspiracy surrounding the Ripple case and not realize there is a conspiracy. keep your head firmly fixed inside of your anus. I'm not here to convince you of anything, mk

Mentions:#ETH

BTC and ETH have proven to be reliable investments with promising growth potential.

Mentions:#BTC#ETH

I would say that there's more big money defending ETH

Mentions:#ETH

One of my favorite market analysts has been promoting granny stocks recently. BTC and ETH are similar for me

Mentions:#BTC#ETH

Im that case i wouldn't worry to much. Just be patient and ETH will reward you :)

Mentions:#ETH

CFTC already claimed BTC and ETH as commodities, multiple times. SEC didn't forget...

Mentions:#BTC#ETH

Imagine being 3 years post Ethgate and believing all the nonsense about Ethereum. A group of JPM and Goldman Sachs Devs just magically got together and created ETH. Go back to meming the outline of Vitalik's package ETH people love deifying JPMs poster boi. News flash there is a well documented conspiracy around Ethereum.

Mentions:#ETH

I'm not so sure about ETH (I hate the fees) so I keep a 90/10 BTC/eth ratio.

Mentions:#ETH#BTC

CFTC already claimed BTC and ETH as commodities. Looks like SEC does not want to have that fight

Mentions:#BTC#ETH

Can’t wait to get off from fiat mining so I can buy more BTC and ETH.

Mentions:#BTC#ETH

Got a 1690 order waiting for you ETH

Mentions:#ETH

That is because those projects are, in fact, securities. ETH belongs on that list too. Any PoS project, any project with VC backing, any project with an ICO, any project with developer rewards, any project with foundation “treasuries”, any project that is controlled by a centralized entity… they are all securities. BTC has none of those things, hence why it is clearly a commodity. Going forward, the projects that were 100% fair launched with no pre-mines, no ICOs, no dev-rewards/treasuries, and no centralized control will be the chains that survive. This is what crypto is all about, but people have been spending the last half decade trying to turn crypto into fiat with more steps.

Mentions:#ETH#VC#BTC

The Democrats and the SEC do not care about fundamentals. They are on a mission to destroy crypto in order to distract from their FTX connections. ETH and BTC will be next. It does not matter if they are or are not securities.

Mentions:#FTX#ETH#BTC

#Ethereum Con-Arguments Below is an argument written by Maleficent_Plankton which won 1st place in the Ethereum Con-Arguments topic for a prior [Cointest](/r/CointestOfficial/wiki/cointest_policy) round. Submit an argument in the Cointest yourself and earn Moons if you win. Moon prizes are: 1st - 600, 2nd - 300, 3rd - 150, and Best Analysis - 500. > Ethereum has drastically changed in the past year now that it has rebranded itself as **Consensus/Settlement layer** for other Layer 2 Execution/Rollup networks. It is no longer trying to be a monolithic blockchain by itself. Because of this shift in design, many of its former CONs are no longer major issues. And many of the CONs that still exist often have a beneficial sides. > > I discuss the CONs of Ethereum and their impact on its users here: > > ## CONs > > **Gas Fees** (major): > > The biggest complaint for Ethereum is its network gas fees. Every transaction needs gas to pay for storage and processing power, and gas prices vary based on demand. Gas price is very volatile and often changes 2-5x in magnitude within the same day. ERC20 transfers are used for a large percentage of cryptocurrencies, and it's the reason much of DeFi is extremely expensive. If I wanted to send ERC20 tokens between exchanges, it's often cheaper to trade for XRP, ALGO, or some other microtransaction coin, transfer it using their other coin's native network, and then trade back into the original token. Basically: use a coin on a different network to avoid fees. > > Typical transaction fees for Ethereum were [between $2-10 over the past year](https://etherscan.io/chart/avg-txfee-usd), but they have shot up to $50+ several times in 2021. > > And that's just for basic transactions. Anyone who has tried to use more complex smart contracts like moving MATIC from Polygon mainnet back to ETH L1 mainnet during a time of high gas fees mid-year in 2021 saw $100-$200 gas fees. Transferring ERC-20 tokens (often $20-50) is also more gas expensive because it can't be done through native transfers like on the Cardano network. It's impractical to use swaps like Uniswap for small transactions due to these fees. > > In particular, One/Many-to-many batch transactions are extremely gas-expensive using Ethereum's account-based model compared to Bitcoin's and Cardano's UXTO-based model. [This batch transaction on Ethereum](https://etherscan.io/tx/0x0fe2542079644e107cbf13690eb9c2c65963ccb79089ff96bfaf8dced2331c92) cost over $5000 while [a similar eUXTO transaction on Cardano](https://adapools.org/transactions/e586c6340ee9e60a6c64f447feffe5f89bdabc7741666ecaa681081957938f56) only cost $0.50 in fees. > > On the other hand, these fees provide Ethereum long-term economic sustainability and resilience against DDoS and spam attacks. > > **Competition from other Smart Contract networks** (moderate): > > Ethereum has enjoyed its lead as the smart contract blockchain due to first-mover advantage. But there are now many efficient smart contract competitors like Algorand, Solana, and Cardano. Ethereum is now facing much competition. Who wants to pay $20 gas fees on Ethereum when you can get similar transactions for under $0.01 with Algo and Solana or $0.30 transactions with Cardano? > > Fortunately, the amount of competition is limited because Ethereum is positioning itself as a Settlement layer whereas these other networks are monolithic networks. All monolithic networks will eventually run into scaling issues due to long-term storage and bandwidth limits. It will really depend on how successful Ethereum's Layer 2 rollup solutions will be. > > **Future uncertainty about Layer 2 solutions** (major): > > Ethereum's long-term success is dependent on the success of its Layer 2 solutions. > > These Layer 2 solutions are still extremely early. Even after a year, L2 has a very fragmented adoption. The majority of centralized exchanges currently do not support Layer 2 rollup networks. A few have started to support Polygon, which is more of a Layer 2 side-chain that saves state every 256 blocks than a Layer 2 rollup. Very few CEXs allow for direct fiat on/off-ramping on L2 networks, which puts those networks out of reach of most users. > > Many of these Layer 2 networks (Arbitrum, Optimism, Loopring, ZKSync, etc), are not interoperable with each other. You can store your tokens on any specific L2 network, but they're stuck there. If you want to move your tokens back to Layer 1 or to another L2 network, you have to pay very expensive smart contract gas fees ($50-300). Eventually, there will be bridges between these networks, but we could be years away from widespread adoption. > > Fragmented liquidity is another huge issue. Each of these L2 networks has its own liquidity pool for each token it supports. You can store your token on the the L2 network, but you won't be able to trade or swap much if there are no liquidity pools for that token. Eventually, there will be Dynamic Automated Market Makers (dAMMs) that can share liquidity between networks, but they are complex and introduce their own weaknesses. > > Both Optimistic and ZK Rollups are handled off-chain and require a separate network nodes or smart contracts as infrastructure to validate transactions or generate ZK Proofs. They are very centralized in how they operate, so there's always the risk that their network operators could cheat their customers. By now, the community seems to agree that ZK rollups are the future rollup solution to decentralized L2 networks. There is only 1 notable instance of Plasma (Ethereum to Polygon network conversion), and no one uses it anymore since the Ethereum-Polygon bridge is easier to use. The biggest competitor to ZK rollups are Optimistic rollups, and those take too long to settle back to Layer 1 (1 week) and are still too expensive to use (20-50% of the cost of L1 Ethereum gas fees for transfers). > > **ZK Rollups** require special infrastructure to generate ZK Proofs. These are very computationally-expensive, potentially [thousands of times](https://vitalik.ca/general/2021/01/05/rollup.html) more expensive that just doing the computation directly. To reduce the cost, they are done completely-centralized by specialized servers. Thus the cost of a ZK Rollup is cheap at about [$0.10 to $.30](https://l2fees.info/). But even at $0.10 per transfer and $0.50 per swap, these are still at least 10x more expensive than costs on Algorand and Solana. Users will have to decide whether the extra cost and hassle of using an L2 platform is worth the extra security of settling on the more-decentralized and secure Ethereum L1 network. > > **Ethereum Proof-of-Stake merge is arriving later than competitors** (moderate): > > The ETH PoS Beacon chain has been released, it's a completely separate blockchain from ETH and won't merge with the main blockchain [until later this year](https://decrypt.co/78690/ethereum-2-staking-tops-21-billion-merge-horizon), giving its competitors plenty of time to provide FUD. We still don't know how successful the merge will be. Currently, stakes are locked, preventing investors from selling. We don't know what will happen to the price once staking unlocks. > > **MEV and Dark Forest attacks** (minor): > > [MEV](https://np.reddit.com/r/MPlankton/comments/rs4wp2/the_dark_forest_of_cryptocurrency/) is actually a pretty big issue for networks with high gas arbitrage and mempools like Ethereum, but most casual users will never notice hostile arbitrage. When you broadcast your transaction to the network, there are armies of bots and automated miners that analyze your transaction to see if they can perform arbitrage strategies on your transaction such as front-running, sandwiching, excluding transactions, stealing/replaying transactions, and other pure-profit plays. "Dark Forest" attacks have reveled that bots are constantly monitoring the network, and they can front-run you unless you have your own private army of miners. > > **Final Word** > > Overall, I still think the PROs outweigh the CONs for Ethereum in the long-run due to its first-mover advantage and the long-term sustainability of the Ethereum network. ***** Would you like to learn more? [Click here](/r/CointestOfficial/comments/ru2luf/top_10_ethereum_conarguments_january_2022/) to be taken to the original topic-thread for this argument or you can scan through the [Cointest Archive](/r/CointestOfficial/wiki/cointest_archive#wiki_Ethereum) to find arguments on this topic in other rounds. Pros and cons per topic will likely change for every new post. Since this is a con-argument, what could be a better time to promote the Skeptics Discussion thread? You can find the latest thread [here](/r/CryptoCurrency/comments/140vddq/daily_general_discussion_june_5_2023_gmt0/).

No telling on the current situation, but it has helped me time and time again to go against majority fear. Most applicable being in 2020 when ETH went sub $100 and everyone was saying they’d wait to buy in ‘single digits’. Never cared much for Binance, but they’re loaded enough to mount a strong defense. For now, the immediate reaction is fear - which has been a great money maker historically speaking.

Mentions:#ETH

Only 2 of the 3 planed exchanges opened. Only 10 Cryptos are available. BTC, ETH and DOT should be the safest, after the attack on Crypto by the SEC today.

Mentions:#BTC#ETH#DOT

I think they’ve already mentioned ETH as a security and that’s why it wasn’t mentioned here.

Mentions:#ETH

XMR/BTC like ETH/BTC feels good, if irony detected. You told about Binance twice, while all MUST NOT even call that name anywhere.

Mentions:#XMR#BTC#ETH

ETH is almost halfway back to where it was before 💪🏻

Mentions:#ETH

ETH will be next on the list.

Mentions:#ETH

Mmmm now do i convert my matic into ETH.

Mentions:#ETH

The randomx itself works as a security measure in that it limits the amount of hash power accessible by a single source. There is a reward even for small miners, it may not be profitable when factoring electrify cost, but still much cheaper that using BTC or ETH.

Mentions:#BTC#ETH

ETH resist very well

Mentions:#ETH

Makes sense. ‘’3. With the expectation of profit’’ is why like you said 99% of the market will fill these conditions. BTC is definitely commodity so I feel safe saying BCH, LTC, Doge, etc are as well. Ill say XLM Stellar will be a commodity as well though its not a 100% certainty. ETH is 50/50 imho.

Makes you wonder who in the SEC owns ETH because they neglected to mention it. They don't give a shit about whether or not these currencies are securities, they just use the accusation of it as a way to manipulate the market.

Mentions:#ETH

BTC, ETH are the only guys i invest into nowadays

Mentions:#BTC#ETH

ETH leading the crypto recovery.

Mentions:#ETH

>As if “my belief” in eth is gonna change anything… lol Change what? Dude, I'm talking about holding something you firmly believe is going down. It doesn't matter if it's ETH. If I bought McDonald's stock, then it goes down after a some time, but during that I obtain knowledge that makes me conclude my previous decision (to buy McD stock) was wrong, then I own it up and move to something else before I lose out even more. Every day I hold that mistake is a day that could have been put to better stocks. >Weird crypto people… as the years go by the more I realize its a bagholding and dca paradise cus nobody makes money in this crap You said it yourself: nobody makes money here. So why are you still holding if it's just gonna keep on going down? Yes you are at a loss now, but you can move it to stocks now and avoid crypto's further downside 🤔

Mentions:#ETH

So I guess that implies ETH and BTC aren't considered securities :)

Mentions:#ETH#BTC

>The top ETH killers Good lord.

Mentions:#ETH

Huh? ETH and XRP are the only greens left in my portfolio. Even BTC is red.

Mentions:#ETH#XRP#BTC

Kind of a piss poor dump TBH. I had a whopping 2 ETH limit orders hit.

Mentions:#ETH

My funds are in BTC/ETH, I am not allowed to panic.

Mentions:#BTC#ETH

The man can't even say yes or no to ETH being a security, I wouldn't take this seriously at all.

Mentions:#ETH

The dude is always out with similar comments every time crypto drops. For as long as I can remember. If he is to be believed, he went in heavy in ETH at 2021. Yes, it is a considerable loss, but I'd hoped anyone would have been used to it by now. After almost 2 years. We've been in a bear market for almost 2 years...

Mentions:#ETH

I don't understand how ADA can be a securities. But if it becomes like XRP and US CEX stop transactions on those token, it will be bullish as hell on BTC and ETH.

So glad I traded all my BNB for BTC and ETH back in Jan and Feb. I knew something like this was going to happen eventually with binance. I actually did pretty well with BNB over the years and ended up +375%, but it was just getting too risky to HODL anymore.

Mentions:#BNB#BTC#ETH

But you don't believe in ETH. Or crypto for that matter. Then why hold? If it dumps more (and it probably will) you'll be complaining again. Didn't you comment earlier today that you should have bought Apple stock instead? Then ask yourself: do you think stocks will perform better than crypto in the coming months? Based on what I think is your perception that crypto is trash, then your mind's answer to that question should be yes. Then why are you still holding crypto if you think it's trash, it's gonna dump at the slightest bad news (and mostly it does), while there are other opportunities out there you think are better?

Mentions:#ETH

SEC has always given ETH a pass, as shown in the hinman papers revealed by the Ripple lawsuit. I’m still a big fan of ETH but it definitely makes you wonder who in the SEC was an early ICO investor

Mentions:#ETH

I've been in this space far too long to panic over anything like this. The last time I legit panicked in crypto was Mt. Gox imploding. I don't touch alts (save for ETH) until after the halvening, and these transition years are nothing more than DCA time for the blue chips for me, scooping up extra during downwards volatility events. Gotta play the long game in crypto, and disregard the volatility along the way.

Mentions:#ETH#DCA

I wonder if the SEC will one day make a list of the coins that aren't securities. The moment they post that list; mecha mania bullrun. I hope it's only BTC, ETH & DOT lol

Mentions:#BTC#ETH#DOT

ETH is down 60% from ATH. BTC is down just under 60%. Even XRP, one of the best performers of the bear market, is down 70% since its 2021 high (granted the SEC's case against it had severe negative consequences in summer 2021).

Mentions:#ETH#BTC#XRP

But if more people panic, that means more cheap BTC and ETH for me...

Mentions:#BTC#ETH

Gary still has no balls to call ETH a security too. Bunch of clowns

Mentions:#ETH

You realise the SEC absolutely could claim ETH is a security?

Mentions:#ETH

When you actively trade, it doesn't matter what the overall market movements are so much. I actually made more money on ALGO than I did on ETH during the bull run, as I actively traded ALGO while simply holding ETH.

Mentions:#ALGO#ETH

> The top ETH killers. Which of those are 'ETH killers'? If you look at any meaningful metrics Solana and Cardano don't come anywhere close, Polygon is part of the Ethereum ecosystem, SAND and MANA are deployed on it. Cosmos maybe, they are 3rd place in terms of developers, but are behind Polkadot, which didn't get mentioned. I wonder if your narrative is based on anything real or are you possibly not basing it on any evidence?

Now Moons need to fix his place at three like btc and ETH at 1 and 2

Mentions:#ETH

I've been telling people for 3 years the ETH promoters want a monopoly for Ethereum. All the proof is public information. JPMORGAN has the most to lose out of any business in the world from crypto innovation. They own Consensys and created Ethereum.

Mentions:#ETH

Always the way, a black swan event like this and the market nose dives. For ETH and BTC this isn't a bad time to buy but ... there might be better 👀

Mentions:#ETH#BTC

Surprised ETH isn't on that list lol.

Mentions:#ETH

Once again BTC and ETH not mentioned. Either they’re preparing a massive juicy cake of a lawsuit for those 2, or they’ve accepted that they won’t be able to defend their stance again btc/eth being a security

Mentions:#BTC#ETH

Both are a grey area, as yes, they're essentially investment vehicles for their respective exchanges, but they're also ETH equivalents on their respective blockchain ecosystems.

Mentions:#ETH

Man they really want ETH to win huh? The top ETH killers. These coins are going to end up like XRP where they are in a legal battle for years and it hinders their growth

Mentions:#ETH#XRP

Smart money leaving ETH. They know it can’t scale.

Mentions:#ETH

So you are carrying a big bag of ADA that is higher than the ETH?

Mentions:#ADA#ETH

We all know who will win this in the end. Fucking BTC and ETH

Mentions:#BTC#ETH

#Binance Coin Pro-Arguments Below is a Binance Coin pro-argument written by Blendzi0r. > First published on: [24.09.2021](https://www.reddit.com/r/CryptoCurrency/comments/og29w6/comment/he4x6yb/?utm_source=share&utm_medium=web2x&context=3) > > Last edited on: 15.06.2022 > > # Intro > > Binance Coin (BNB) was launched in July 2017 and it was initially an ERC-20 token on Ethereum. In April 2019, it moved to its own blockchain called Binance Chain. Today, it operates on two blockchains, the other one being Binance Smart Chain. The coin is issued, developed and maintained by the biggest cryptocurrency exchange – Binance. > > # Pros > > **IT IS BACKED BY BINANCE** > > Binance Coin is maintained by Binance, a cryptocurrency giant. Binance is currently the biggest cryptocurrency exchange in the world. Its transaction volume is [roughly 6 times higher](https://www.statista.com/statistics/864738/leading-cryptocurrency-exchanges-traders/) on average than that of Coinbase. Binance makes sure that BNB finds more and more utility within their ecosystem. > > Backing of such a massive company should give investors a lot of confidence even though Binance is lately under an intensified regulatory scrutiny. But the company declares that it is doing its best to comply with all the regulations. They're working on a stricter KYC and they’re also expanding the legal and compliance teams by hiring many experts in the field. > > The co-operation between Binance and regulators was demonstrated when the exchange [limited its services for people from Russia](https://www.binance.com/en/support/announcement/4887e569afdf4b1e89e024371d3a49b9). > > **IT GIVES YOU DISCOUNTS ON BINANCE** > > One of the reasons why Binance is so popular is the fact that their [transaction fees are among the lowest](https://www.binance.com/en/support/faq/115000583311). Users pay just 0.1% for most popular types of trades, whereas on e.g. Coinbase (Pro) it’s 5 times more – [0.5%](https://help.coinbase.com/en/pro/trading-and-funding/trading-rules-and-fees/fees). One of the benefits of BNB is making those fees even lower – by as much as 25%. **Using BNB to pay for transaction fees can save you up to 1/4 of your money** on transactions. It’s a big incentive to hold some BNB. > > **IT IS DEFLATIONARY** > > In 2021, Binance implemented two important changes to BNB burning mechanism. > > First, [Bruno Upgrade v1.1.5](https://www.binance.org/en/blog/binance-smart-chain-bruno-upgrade-v1-1-5/) took place on 30 November. It introduced real-time burning mechanism. It is similar to [ETH London Upgrade](https://medium.com/@eric.conner/fixing-the-ethereum-fee-market-eip-1559-9109f1c1814b) \- some of the gas fee collected by validators is burned. As of 15 June 2022, [more than 90 000 BNB were burned](https://twitter.com/BurnBNB). > > Furthermore, on 23 December 2021, Binance announced and implemented **BNB** **Auto-Burn** protocol. It replaces quarterly burns which were based on the profits Binance made (they committed 20% of their profit to buy back BNB and then burn it. There were [17 quarterly burns](https://www.binance.com/en/blog/ecosystem/17th-bnb-burn-%7C-quarterly-highlights-and-insights-from-cz-421499824684902908)). Now, the process is automated, which makes it more transparent and predictable. The core idea has not been changed, however, the process will stop when the number of BNB coins in circulation is lower than 100 million. > > **MANY TRADING PAIRS, STAKING, FARMING AND OTHER USES** > > As an official coin of Binance, BNB also offers a **multitude of trading pairs**. All transactions made with BNB are lightning **fast and secure** since it’s based on one of the most secure blockchains – Ethereum. > > There are also many options of **staking** BNB on Binance for a very good APY or participating in **Launchpools** (farming new tokens) and **Launchpads** (Initial Exchange Offerings (IEO) - buying new tokens). > > BNB is **accepted by some service providers**, e.g. HTC, trip.io, travala.com, BitTorrent or PureVPN. > > Last but not least, BNB can be used to convert “leftovers”. Very often when you sell a coin, a very small amount of it is left in your wallet. On Binance, you can **convert small amounts of coins** (called “dust”) into BNB. > > **TWO BLOCKCHAINS THAT WORK SIMULTANEOUSLY** > > BNB operates on two chains, the above mentioned **Binance Chain** and **Binance Smart Chain** (BSC) which was launched in September 2020. While Binance Chain is responsible for transactions made on Binance DEX, BSC was designed specifically for smart contracts, DeFi and dApps. It quickly became **one of the biggest blockchains**. It is compatible with Ethereum allowing other projects to transfer easily from ETH to BSC and escape high gas fees on ETH. > > This dual blockchain approach combined with the **Proof of Staked Authority** consensus algorithm (a mix of share proof and authority proof) makes it much more scalable than Ethereum and enables faster and cheaper transactions. While Ethereum runs around 9 000 nodes/validators (before the software bug back in the end of August 2021), BSC needs only 21 validators. > > It is also worth pointing out that Binance allocated $100 million for projects that launch on BSC. > > **DECENTRALIZATION AT ALL COST?** > > The main argument against BNB is that it is centralized. And it’s impossible to deny the fact that BNB indeed is centralized compared to Ethereum and many other projects. But every stick has two ends. This is what Changpeng Zhao, Binance CEO, has to say about (de)centralization: > > [Many people think of decentralization as absolute; you are either decentralized or not. I think that in reality, there is a gradient scale from centralization to decentralized. Often, a better question is: how decentralized should we (exchanges, societies) be, now and in the future? If decentralization simply increases freedom but decreases security and ease-of-use, there is a point where it becomes a net negative, and may not be worth it.](https://www.binance.com/en/blog/from-cz/cz-on-centralization-vs-decentralization-301982828007075840) > > If decentralization is also about freedom of choice, then maybe being able to choose a centralized blockchain(s) should be accepted. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **^(Additional sources:)** > > [^(https://www.binance.com/en/bnb#COIN-BURN)](https://www.binance.com/en/bnb#COIN-BURN) > > [^(https://www.binance.com/en/bnb#BNB-RIGHT)](https://www.binance.com/en/bnb#BNB-RIGHT) > > [^(https://www.binance.com/en/support/announcement/2af5831727164545b8a2c665fae8bc04)](https://www.binance.com/en/support/announcement/2af5831727164545b8a2c665fae8bc04) > > [^(https://finance.yahoo.com/news/binance-coin-bnb-why-interesting-110049570.html)](https://finance.yahoo.com/news/binance-coin-bnb-why-interesting-110049570.html) > > [^(https://www.investopedia.com/terms/b/binance-coin-bnb.asp)](https://www.investopedia.com/terms/b/binance-coin-bnb.asp) > > [^(https://trading-education.com/pros-and-cons-of-investing-in-binance-coin)](https://trading-education.com/pros-and-cons-of-investing-in-binance-coin) > > [^(https://guarda.com/academy/blockchain/what-is-binance-smart-chain/?utm\\source=Reddit&utm\_medium=Social&utm\_campaign=CryptoCurrency-BSC-article)](https://guarda.com/academy/blockchain/what-is-binance-smart-chain/?utm\source=Reddit&utm_medium=Social&utm_campaign=CryptoCurrency-BSC-article) > > [^(https://www.finextra.com/blogposting/20815/binance-and-regulatory-scrutiny-changing-times-for-the-crypto-market)](https://www.finextra.com/blogposting/20815/binance-and-regulatory-scrutiny-changing-times-for-the-crypto-market) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_binance_coin) to find submissions for other topics.

I'll probably be exit liquidity for anyone else, but I'll keep my ETH and HODL like forever.

Mentions:#ETH

This is a great buying opportunity for ETH

Mentions:#ETH

While both sides suck, the left are more the fascists in its purest sense. Trump's SEC did go after Ripple but they said ETH wasn't a security. Current SEC is seemingly going after the entire space. Ron DeSantis in particular has made some very pro-crypto comments in recent times. Trump recently introduced NFT's (on the Ethereum network I assume). All the while Liz Warren and Biden admin launches attack after attack on crypto. Republicans would be so much better for the space.

Mentions:#ETH

They're working on it lol. Just had to wait for the wave of panic-selling to stabilize. I got some nice limit-orders during that! BTC @ 25.6, ETH @ 1795 and Matic @ .83. I had spent the last week wishing I loaded up more at those prices not too long ago.

Mentions:#BTC#ETH

For the second pay period in a row, I was gonna skip my DCA, but...it's hard to resist the chance to average down on everything (except BTC, ETH and XRP, which I'm still in profits on).

If you’re down 99% you likely only have yourself to blame. No one is down 99% buying BTC and ETH.

Mentions:#BTC#ETH

#Binance Coin Pro-Arguments Below is a Binance Coin pro-argument written by Blendzi0r. > First published on: [24.09.2021](https://www.reddit.com/r/CryptoCurrency/comments/og29w6/comment/he4x6yb/?utm_source=share&utm_medium=web2x&context=3) > > Last edited on: 15.06.2022 > > # Intro > > Binance Coin (BNB) was launched in July 2017 and it was initially an ERC-20 token on Ethereum. In April 2019, it moved to its own blockchain called Binance Chain. Today, it operates on two blockchains, the other one being Binance Smart Chain. The coin is issued, developed and maintained by the biggest cryptocurrency exchange – Binance. > > # Pros > > **IT IS BACKED BY BINANCE** > > Binance Coin is maintained by Binance, a cryptocurrency giant. Binance is currently the biggest cryptocurrency exchange in the world. Its transaction volume is [roughly 6 times higher](https://www.statista.com/statistics/864738/leading-cryptocurrency-exchanges-traders/) on average than that of Coinbase. Binance makes sure that BNB finds more and more utility within their ecosystem. > > Backing of such a massive company should give investors a lot of confidence even though Binance is lately under an intensified regulatory scrutiny. But the company declares that it is doing its best to comply with all the regulations. They're working on a stricter KYC and they’re also expanding the legal and compliance teams by hiring many experts in the field. > > The co-operation between Binance and regulators was demonstrated when the exchange [limited its services for people from Russia](https://www.binance.com/en/support/announcement/4887e569afdf4b1e89e024371d3a49b9). > > **IT GIVES YOU DISCOUNTS ON BINANCE** > > One of the reasons why Binance is so popular is the fact that their [transaction fees are among the lowest](https://www.binance.com/en/support/faq/115000583311). Users pay just 0.1% for most popular types of trades, whereas on e.g. Coinbase (Pro) it’s 5 times more – [0.5%](https://help.coinbase.com/en/pro/trading-and-funding/trading-rules-and-fees/fees). One of the benefits of BNB is making those fees even lower – by as much as 25%. **Using BNB to pay for transaction fees can save you up to 1/4 of your money** on transactions. It’s a big incentive to hold some BNB. > > **IT IS DEFLATIONARY** > > In 2021, Binance implemented two important changes to BNB burning mechanism. > > First, [Bruno Upgrade v1.1.5](https://www.binance.org/en/blog/binance-smart-chain-bruno-upgrade-v1-1-5/) took place on 30 November. It introduced real-time burning mechanism. It is similar to [ETH London Upgrade](https://medium.com/@eric.conner/fixing-the-ethereum-fee-market-eip-1559-9109f1c1814b) \- some of the gas fee collected by validators is burned. As of 15 June 2022, [more than 90 000 BNB were burned](https://twitter.com/BurnBNB). > > Furthermore, on 23 December 2021, Binance announced and implemented **BNB** **Auto-Burn** protocol. It replaces quarterly burns which were based on the profits Binance made (they committed 20% of their profit to buy back BNB and then burn it. There were [17 quarterly burns](https://www.binance.com/en/blog/ecosystem/17th-bnb-burn-%7C-quarterly-highlights-and-insights-from-cz-421499824684902908)). Now, the process is automated, which makes it more transparent and predictable. The core idea has not been changed, however, the process will stop when the number of BNB coins in circulation is lower than 100 million. > > **MANY TRADING PAIRS, STAKING, FARMING AND OTHER USES** > > As an official coin of Binance, BNB also offers a **multitude of trading pairs**. All transactions made with BNB are lightning **fast and secure** since it’s based on one of the most secure blockchains – Ethereum. > > There are also many options of **staking** BNB on Binance for a very good APY or participating in **Launchpools** (farming new tokens) and **Launchpads** (Initial Exchange Offerings (IEO) - buying new tokens). > > BNB is **accepted by some service providers**, e.g. HTC, trip.io, travala.com, BitTorrent or PureVPN. > > Last but not least, BNB can be used to convert “leftovers”. Very often when you sell a coin, a very small amount of it is left in your wallet. On Binance, you can **convert small amounts of coins** (called “dust”) into BNB. > > **TWO BLOCKCHAINS THAT WORK SIMULTANEOUSLY** > > BNB operates on two chains, the above mentioned **Binance Chain** and **Binance Smart Chain** (BSC) which was launched in September 2020. While Binance Chain is responsible for transactions made on Binance DEX, BSC was designed specifically for smart contracts, DeFi and dApps. It quickly became **one of the biggest blockchains**. It is compatible with Ethereum allowing other projects to transfer easily from ETH to BSC and escape high gas fees on ETH. > > This dual blockchain approach combined with the **Proof of Staked Authority** consensus algorithm (a mix of share proof and authority proof) makes it much more scalable than Ethereum and enables faster and cheaper transactions. While Ethereum runs around 9 000 nodes/validators (before the software bug back in the end of August 2021), BSC needs only 21 validators. > > It is also worth pointing out that Binance allocated $100 million for projects that launch on BSC. > > **DECENTRALIZATION AT ALL COST?** > > The main argument against BNB is that it is centralized. And it’s impossible to deny the fact that BNB indeed is centralized compared to Ethereum and many other projects. But every stick has two ends. This is what Changpeng Zhao, Binance CEO, has to say about (de)centralization: > > [Many people think of decentralization as absolute; you are either decentralized or not. I think that in reality, there is a gradient scale from centralization to decentralized. Often, a better question is: how decentralized should we (exchanges, societies) be, now and in the future? If decentralization simply increases freedom but decreases security and ease-of-use, there is a point where it becomes a net negative, and may not be worth it.](https://www.binance.com/en/blog/from-cz/cz-on-centralization-vs-decentralization-301982828007075840) > > If decentralization is also about freedom of choice, then maybe being able to choose a centralized blockchain(s) should be accepted. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **^(Additional sources:)** > > [^(https://www.binance.com/en/bnb#COIN-BURN)](https://www.binance.com/en/bnb#COIN-BURN) > > [^(https://www.binance.com/en/bnb#BNB-RIGHT)](https://www.binance.com/en/bnb#BNB-RIGHT) > > [^(https://www.binance.com/en/support/announcement/2af5831727164545b8a2c665fae8bc04)](https://www.binance.com/en/support/announcement/2af5831727164545b8a2c665fae8bc04) > > [^(https://finance.yahoo.com/news/binance-coin-bnb-why-interesting-110049570.html)](https://finance.yahoo.com/news/binance-coin-bnb-why-interesting-110049570.html) > > [^(https://www.investopedia.com/terms/b/binance-coin-bnb.asp)](https://www.investopedia.com/terms/b/binance-coin-bnb.asp) > > [^(https://trading-education.com/pros-and-cons-of-investing-in-binance-coin)](https://trading-education.com/pros-and-cons-of-investing-in-binance-coin) > > [^(https://guarda.com/academy/blockchain/what-is-binance-smart-chain/?utm\\source=Reddit&utm\_medium=Social&utm\_campaign=CryptoCurrency-BSC-article)](https://guarda.com/academy/blockchain/what-is-binance-smart-chain/?utm\source=Reddit&utm_medium=Social&utm_campaign=CryptoCurrency-BSC-article) > > [^(https://www.finextra.com/blogposting/20815/binance-and-regulatory-scrutiny-changing-times-for-the-crypto-market)](https://www.finextra.com/blogposting/20815/binance-and-regulatory-scrutiny-changing-times-for-the-crypto-market) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_binance_coin) to find submissions for other topics.

#Binance Coin Con-Arguments Below is a Binance Coin con-argument written by Blendzi0r. > First published on: [24.09.2021](https://www.reddit.com/r/CryptoCurrency/comments/og2b3t/comment/he59nit/?utm_source=share&utm_medium=web2x&context=3) > > Last edited on: 07.10.2021 > > # Intro > > Binance Coin (BNB) was launched in July 2017 and it was initially an ERC-20 token on Ethereum. In April 2019, it moved to its own blockchain called Binance Chain. Today, it operates on two blockchains, the other one being Binance Smart Chain. The coin is issued, developed and maintained by the biggest cryptocurrency exchange – Binance. > > # Cons > > **BNB is centralized** > > The biggest downside of BNB is that it goes against the core principle of cryptocurrency – it’s not decentralized. BNB network is secured by **only 21 nodes/validators** when for example ETH has around 9 000 nodes/validators. > > But that’s not all. In order to become a validator, one must own 10 000 BNB coins. Since April 2021, the price of BNB fluctuates mostly between $300-$400. That means a validator-to-be has to invest more than $3 million. Validators also need cutting-edge hardware and very good internet connection but this shouldn’t pose a problem for someone who has more than $3 million dollars. > > Also worth pointing out is the fact that **more than 80% of BNB is either owned or custodied by Binance** and top 100 wallets hold more than 70% of BNB (compare to around 40% for ETH or 16% for BTC). > > ​ > > **The future of BNB depends on Binance** > > BNB is not only centralized but it also depends heavily on the success of Binance. If Binance was to become less popular, BNB will most probably be also affected. Lately, Binance is having regulatory problems in several countries, most notably in the US, the UK, Japan and Thailand. > > Binance is also under constant threat of being a victim of hackers. In May 2018, it was hacked and 7 000 Bitcoins were stolen. Any Binance security breach is sure to affect the price and future of BNB. > > ​ > > **Regulatory scrutiny and ongoing investigations against Binance** > > Regulators in many countries decided to warn against trading on Binance, banned it from certain activities (e.g. derivatives) or even banned it completely. Some of the banks have blocked their customers from making payments to and from Binance. > > In May 2021, the Justice Department and Internal Revenue Service informed that Binance Holdings is **under investigation for money-laundering and tax evasion**. > > It is also probed by the Commodity Futures Trading Commission (CFTC) over concerns that its employees exploited access to data on millions of transactions (market manipulation and insider trading). > > ​ > > **Binance Smart Chain – blockchain of copycats and scammers?** > > BSC is a copy of Ethereum and as such it’s also full of projects that copy ETH projects. BSC’s Pancakeswap copied ETH's Uniswap, Alpaca Finance copied Yearn Finance, yieldwatch copied Zapper and so on. And then there are copies of those copies. **BSC doesn’t offer too many original and innovative projects.** > > BSC is also very popular among “developers” (read: scammers) whose only intention is to get rich quick. It’s hard to keep up with how many BSC projects got “hacked” (read: rug pulled) and the chain is only one year old. > > This slowly makes more and more people skeptical about BSC. > > ​ > > **Rules can change at any time** > > Binance can change their policy at any time. Take for example the discount users get when paying for transactions with BNB. According to the whitepaper, the discount was to be halved every year but in 2019 Binance decided it wants to keep the discount at 25% and resigned from further halvings. This is of course positive for users but **nothing stops Binance from making less positive changes** in the future. > > (I also found information that Binance has changed the rule regarding quarterly burns in their whitepaper v2 but I couldn’t verify it as whitepaper v2 is nowhere to be found.) > > ​ > > **Ethereum 2.0 and other competitors** > > Successful upgrade of the Ethereum network might make BSC less attractive. When Ethereum has competitive transaction fees, the main advantage of BSC will be gone. If most developers work on Ethereum now, despite ridiculously high fees, **BNB may suffer a serious hit** when those fees are finally lowered. > > And there are more rivals on the horizon. Recently, Cardano successfully launched their smart contracts. Solana is becoming popular. There is also Polkadot, Avalanche, Algorand, Terra… The competition is growing and a centralized project like BNB might not survive in a decentralized world of cryptocurrencies. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **^(Sources:)** > > [^(https://www.binance.com/en/support/faq/115000583311)](https://www.binance.com/en/support/faq/115000583311) > > [^(https://www.binance.com/en/bnb#COIN-BURN)](https://www.binance.com/en/bnb#COIN-BURN) > > [^(https://www.binance.com/en/bnb#BNB-RIGHT)](https://www.binance.com/en/bnb#BNB-RIGHT) > > [^(https://www.binance.com/en/support/announcement/2af5831727164545b8a2c665fae8bc04)](https://www.binance.com/en/support/announcement/2af5831727164545b8a2c665fae8bc04) > > [^(https://finance.yahoo.com/news/binance-coin-bnb-why-interesting-110049570.html)](https://finance.yahoo.com/news/binance-coin-bnb-why-interesting-110049570.html) > > [^(https://www.investopedia.com/terms/b/binance-coin-bnb.asp)](https://www.investopedia.com/terms/b/binance-coin-bnb.asp) > > [^(https://trading-education.com/pros-and-cons-of-investing-in-binance-coin)](https://trading-education.com/pros-and-cons-of-investing-in-binance-coin) > > [^(https://guarda.com/academy/blockchain/what-is-binance-smart-chain/?utm\\source=Reddit&utm\_medium=Social&utm\_campaign=CryptoCurrency-BSC-article)](https://guarda.com/academy/blockchain/what-is-binance-smart-chain/?utm\source=Reddit&utm_medium=Social&utm_campaign=CryptoCurrency-BSC-article) > > [^(https://www.finextra.com/blogposting/20815/binance-and-regulatory-scrutiny-changing-times-for-the-crypto-market)](https://www.finextra.com/blogposting/20815/binance-and-regulatory-scrutiny-changing-times-for-the-crypto-market) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_binance_coin) to find submissions for other topics.

This guy is the actual creator of Ethereum. +65% of the ETH codebase written by this dude and he is a JPM dev that created Onyx and Quorum for JPMorgan.

Mentions:#ETH

All January-April gains for most coins except BTC & ETH are going back to January prices… what a joke.

Mentions:#BTC#ETH

You should dig deeper, instead trust blindly a guy who got caught lying several times, and was called a pathological liar long before his Cardano time. Cardano was promoted as casino coin in Japan, while Charles was described as “genius mathematician” and referring to himself as mathematician back then - till he got caught that all this was a lie. He is not doing it anymore, strange, isn’t it? Everyone should Google it before touching ada. Tokenomics of ADA are another lie. Billions of ADA which went to Emurgo were basically wasted, but unsurprisingly the guy behind the casino ICO became one of the leading figures of EMURGO, weird coincidence… Moreover, no transparency regarding the ADA share of founders. The 20%+ was alone for founding entities only. Charles and insiders are holding probably way more than that, since they could “buy” it with BTC privately on “free market”, BTC which would go back to them anyway. There is no transparency what happened to the BTC from the ICO. The only thing you probably noted was Charles referring to himself as a billionaire every time ada price went through the roof. Yeah, ada cultist are gonna argue that Charles was rich before. There might be some true to that, he received Ethereum founders share after all, but he lied also about it claiming he “gave it away”, since founder of Cardano sitting on a pile of ETH would be a bad look. Not saying tokenomics of another projects with 50% founding entities allocation are great, but at least you get some transparency. There are probably way more stuff Charles lied about and is hiding from the public.

Mentions:#ADA#BTC#ETH

#Binance Coin Con-Arguments Below is a Binance Coin con-argument written by Blendzi0r. > First published on: [24.09.2021](https://www.reddit.com/r/CryptoCurrency/comments/og2b3t/comment/he59nit/?utm_source=share&utm_medium=web2x&context=3) > > Last edited on: 07.10.2021 > > # Intro > > Binance Coin (BNB) was launched in July 2017 and it was initially an ERC-20 token on Ethereum. In April 2019, it moved to its own blockchain called Binance Chain. Today, it operates on two blockchains, the other one being Binance Smart Chain. The coin is issued, developed and maintained by the biggest cryptocurrency exchange – Binance. > > # Cons > > **BNB is centralized** > > The biggest downside of BNB is that it goes against the core principle of cryptocurrency – it’s not decentralized. BNB network is secured by **only 21 nodes/validators** when for example ETH has around 9 000 nodes/validators. > > But that’s not all. In order to become a validator, one must own 10 000 BNB coins. Since April 2021, the price of BNB fluctuates mostly between $300-$400. That means a validator-to-be has to invest more than $3 million. Validators also need cutting-edge hardware and very good internet connection but this shouldn’t pose a problem for someone who has more than $3 million dollars. > > Also worth pointing out is the fact that **more than 80% of BNB is either owned or custodied by Binance** and top 100 wallets hold more than 70% of BNB (compare to around 40% for ETH or 16% for BTC). > > ​ > > **The future of BNB depends on Binance** > > BNB is not only centralized but it also depends heavily on the success of Binance. If Binance was to become less popular, BNB will most probably be also affected. Lately, Binance is having regulatory problems in several countries, most notably in the US, the UK, Japan and Thailand. > > Binance is also under constant threat of being a victim of hackers. In May 2018, it was hacked and 7 000 Bitcoins were stolen. Any Binance security breach is sure to affect the price and future of BNB. > > ​ > > **Regulatory scrutiny and ongoing investigations against Binance** > > Regulators in many countries decided to warn against trading on Binance, banned it from certain activities (e.g. derivatives) or even banned it completely. Some of the banks have blocked their customers from making payments to and from Binance. > > In May 2021, the Justice Department and Internal Revenue Service informed that Binance Holdings is **under investigation for money-laundering and tax evasion**. > > It is also probed by the Commodity Futures Trading Commission (CFTC) over concerns that its employees exploited access to data on millions of transactions (market manipulation and insider trading). > > ​ > > **Binance Smart Chain – blockchain of copycats and scammers?** > > BSC is a copy of Ethereum and as such it’s also full of projects that copy ETH projects. BSC’s Pancakeswap copied ETH's Uniswap, Alpaca Finance copied Yearn Finance, yieldwatch copied Zapper and so on. And then there are copies of those copies. **BSC doesn’t offer too many original and innovative projects.** > > BSC is also very popular among “developers” (read: scammers) whose only intention is to get rich quick. It’s hard to keep up with how many BSC projects got “hacked” (read: rug pulled) and the chain is only one year old. > > This slowly makes more and more people skeptical about BSC. > > ​ > > **Rules can change at any time** > > Binance can change their policy at any time. Take for example the discount users get when paying for transactions with BNB. According to the whitepaper, the discount was to be halved every year but in 2019 Binance decided it wants to keep the discount at 25% and resigned from further halvings. This is of course positive for users but **nothing stops Binance from making less positive changes** in the future. > > (I also found information that Binance has changed the rule regarding quarterly burns in their whitepaper v2 but I couldn’t verify it as whitepaper v2 is nowhere to be found.) > > ​ > > **Ethereum 2.0 and other competitors** > > Successful upgrade of the Ethereum network might make BSC less attractive. When Ethereum has competitive transaction fees, the main advantage of BSC will be gone. If most developers work on Ethereum now, despite ridiculously high fees, **BNB may suffer a serious hit** when those fees are finally lowered. > > And there are more rivals on the horizon. Recently, Cardano successfully launched their smart contracts. Solana is becoming popular. There is also Polkadot, Avalanche, Algorand, Terra… The competition is growing and a centralized project like BNB might not survive in a decentralized world of cryptocurrencies. > > \_\_\_\_\_\_\_\_\_\_\_\_\_\_ > > **^(Sources:)** > > [^(https://www.binance.com/en/support/faq/115000583311)](https://www.binance.com/en/support/faq/115000583311) > > [^(https://www.binance.com/en/bnb#COIN-BURN)](https://www.binance.com/en/bnb#COIN-BURN) > > [^(https://www.binance.com/en/bnb#BNB-RIGHT)](https://www.binance.com/en/bnb#BNB-RIGHT) > > [^(https://www.binance.com/en/support/announcement/2af5831727164545b8a2c665fae8bc04)](https://www.binance.com/en/support/announcement/2af5831727164545b8a2c665fae8bc04) > > [^(https://finance.yahoo.com/news/binance-coin-bnb-why-interesting-110049570.html)](https://finance.yahoo.com/news/binance-coin-bnb-why-interesting-110049570.html) > > [^(https://www.investopedia.com/terms/b/binance-coin-bnb.asp)](https://www.investopedia.com/terms/b/binance-coin-bnb.asp) > > [^(https://trading-education.com/pros-and-cons-of-investing-in-binance-coin)](https://trading-education.com/pros-and-cons-of-investing-in-binance-coin) > > [^(https://guarda.com/academy/blockchain/what-is-binance-smart-chain/?utm\\source=Reddit&utm\_medium=Social&utm\_campaign=CryptoCurrency-BSC-article)](https://guarda.com/academy/blockchain/what-is-binance-smart-chain/?utm\source=Reddit&utm_medium=Social&utm_campaign=CryptoCurrency-BSC-article) > > [^(https://www.finextra.com/blogposting/20815/binance-and-regulatory-scrutiny-changing-times-for-the-crypto-market)](https://www.finextra.com/blogposting/20815/binance-and-regulatory-scrutiny-changing-times-for-the-crypto-market) ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_binance_coin) to find submissions for other topics.

#Binance Coin Pro-Arguments Below is a Binance Coin pro-argument written by SoonMoonn. > (Using my Arguments from the previous round) > > **BNB (Binance Coin)** > > BNB also known as Binance Coin, is a crypto that powers the Binance Chain. Similar to ETH for the Ethereum Chain. It is currently ranked 3rd by market cap. > > Pros- > > **Binance** > > Binance is the largest cryptocurrency exchange by a far mile. According to coinmarketcap.com (as of 28/12/2021) Binance has 5x more volume than Coinbase (2nd on the list). > > The success of BNB is relative to the success of Binance as shown by BNB being the largest crypto apart from BTC and ETH. Just like how Binance is the biggest crypto exchange. > > **Benefits of BNB to Binance Users** > > • ⁠Discount on Trading fees > > • ⁠Turn dust (small amounts of crypto) to BNB > > • ⁠Buy Gift cards on Binance > > **Binance Smart Chain** > > Binance Smart chain is one of the largest crypto chains. > > It has low fees compared to its competitor Ethereum. Which is why a lot of people prefer to use the chain. > > BNB is needed for gas fees. > > Binance Smart Chain is also home to many memecoins / new coins. > > You can buy pegged Bitcoin / Ethereum on BSC and can hodl / exchange it without wasting money on gas fees. > > **Conclusion: BNB has proved itself of being a worthy crypto, being in the top 5 for most of this year. It’s backed by the biggest crypto exchange and provides many use-cases to it’s users.** > > **BNB is also needed for Binance Smart Chain, many users prefer that due to the low gas fees and variety of options.** ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_binance_coin) to find submissions for other topics.

Mentions:#BNB#ETH#BTC

#Binance Coin Pro-Arguments Below is a Binance Coin pro-argument written by SoonMoonn. > (Using my Arguments from the previous round) > > **BNB (Binance Coin)** > > BNB also known as Binance Coin, is a crypto that powers the Binance Chain. Similar to ETH for the Ethereum Chain. It is currently ranked 3rd by market cap. > > Pros- > > **Binance** > > Binance is the largest cryptocurrency exchange by a far mile. According to coinmarketcap.com (as of 28/12/2021) Binance has 5x more volume than Coinbase (2nd on the list). > > The success of BNB is relative to the success of Binance as shown by BNB being the largest crypto apart from BTC and ETH. Just like how Binance is the biggest crypto exchange. > > **Benefits of BNB to Binance Users** > > • ⁠Discount on Trading fees > > • ⁠Turn dust (small amounts of crypto) to BNB > > • ⁠Buy Gift cards on Binance > > **Binance Smart Chain** > > Binance Smart chain is one of the largest crypto chains. > > It has low fees compared to its competitor Ethereum. Which is why a lot of people prefer to use the chain. > > BNB is needed for gas fees. > > Binance Smart Chain is also home to many memecoins / new coins. > > You can buy pegged Bitcoin / Ethereum on BSC and can hodl / exchange it without wasting money on gas fees. > > **Conclusion: BNB has proved itself of being a worthy crypto, being in the top 5 for most of this year. It’s backed by the biggest crypto exchange and provides many use-cases to it’s users.** > > **BNB is also needed for Binance Smart Chain, many users prefer that due to the low gas fees and variety of options.** ***** Would you like to learn more? Check out the [Cointest archive](/r/CointestOfficial/wiki/cointest_archive#wiki_binance_coin) to find submissions for other topics.

Mentions:#BNB#ETH#BTC

True but he said ETH wasn't a security. Gary is seemingly going after the entire space

Mentions:#ETH

If you are "for the tech" the only coin you should be interested in is ETH, the most functional, used, and traded crypto in the world.

Mentions:#ETH

So like real talk, I only have about $100 in ETH staking on Binance, should I transfer that out to another wallet now just to be safe or what a smart move?

Mentions:#ETH

So like real talk, I only have about $100 in ETH staking on Binance, should I transfer that out to another wallet now just to be safe or what a smart move?

Mentions:#ETH

How to prepare? Buy BTC or ETH. Done.

Mentions:#BTC#ETH
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