Reddit Posts
The Bitcoin Economy - No One is Talking About Bitcoin's Biggest Problem!
Coinbase is the Number One Holder of BTC with 2,000,000BTC and has nearly twice as much as Satoshi
Binance FUD Grows as Experts Cry "Operation Chokepoint 2.0"
Binance FUD Grows as Experts Cry "Operation Chokepoint 2.0"
[SERIOUS] Why media use ''anger, disgust, fear and,sadness'' and who is profiting ?
A Chronological Overview of The Ongoing US Government's Crypto Crackdown
“It’s just FUD”. Until it isn’t. It is better to be safe than sorry.
Bitcoin Chain Data Says No Sign Of FUD Among Binance Users
BTC and Crypto are not Fazed Anymore by any kind of FUD or Attacks Directly or Indirectly! Extremely Bullish Sign!
Exchange withdrawals - more data around?
Ethereum is being updated 4/12/23, beginning the unlocking of staked ETH, will this cause people to sell ETH?
The markets will not accept the recent FUD and I love it
Is the CFTC move created a FUD? What do you think guys?
We are being "divided and conquered", like the idiots we are.
Banks bailed out. US choke point 2.0. It all fits a common sense gameplan.
The real Ten Commandments of cryptocurrency:
This sub doesn't silence critical voices and I love that.
Seems like Regulators have become aware that people are starting to use Crypto as an hedge to the current banking crisis, now for the past weeks they have been making coordinated attacks on Crypto.
What do people mean when they say that Binance is “manipulating” the market?
Crypto Industry is getting flushed into more and more clean, compliant and scammer-free. Much needed for long-term health, credibility and adoption!
Take your crypto out of Centralised exchanges.
I failed massively in Crypto for 3 years so you don’t have to
Defi Projects Must Find A Way To Monetize Or Defi Will Die
Why are CEXs under heavy pressure from the government lately? Well if you didn't notice already but Nasdaq, Goldman Sacks, Blackrock and Fidelity entered the crypto game.
New collector accidentally burns crypto punk (77 eth) . This isn't good for adoption
Lessons for Crypto Newbies from my own personal experience. It's a TLDR so please read if you are new.
Plenty of FUD now being written. The bankers are scared…
Energy FUD in your timeline? Reply “BitcoinIs.Green” @wowbitcoinrocks and I made a site addressing common BTC environmental concerns Combat propaganda from @Greenpeace, @nytimes and others 👀
My crypto High and crypto Low. (Safemoon Trigger Warning)
Owning your Crypto ( The 10000^th FUD free version )
The problem with crypto and it’s community.
Can Elon make his cars mine (insert your favorite crypto here) to help pay for themselves?
CBDC's are the complete opposite to Satoshi's vision.
Today, Tether cannot be backed 1:1 as their treasurie holdings are as much underwarter as those of SVB
Satoshi would be laughing today as the very reason that caused him to make Bitcoin, is now making its price pump.
‘Crypto FUD’ — Industry outraged as White House report slams crypto
‘Crypto FUD’ — Industry outraged as White House report slams crypto
‘Crypto FUD’ — Industry outraged as White House report slams crypto
Why I'm still bullish long-term despite all the current bearish FUD.
Bitcoin is morphing into its true form. A decentralized peer to peer currency and Web3 will takeover.
USDC slightly off peg past 2 days. Any ideas why?
Crypto Pairs Trading: Why it's easier and more profitable than what you are doing now
Can BTC see a huge fall to the downside if FED succeeds in cracking down the stablecoins before releasing the Digital Dollar (CBDC) with their FedNow?
Gary Gensler's undercover Reddit operation discovered
What we can learn from Autocracies
Be gready when others are fearful and fearful when others are greedy. You probably shouldn't FOMO now if you were too afraid to buy crypto in last few months. That's just your greed speaking.
CT guru bets 2 million USD that btc will be worth 1 million in 90 days
Crypto Slang Terms: Become A Degen And Join Us
Increased rude comments and negativity - Analysis.
we need a solid foundation in real life
Crypto will 'forget' the Bad news, and Crypto will move on!
Bitcoin just hit an ATH of transactions on the mempool, higher than LUNA and FTX. All that during a weekend of fear where banks had closed anyway.
why are we pumping and what's to come?
Crypto Pair Trading - Why it's easier and more profitable than what you are doing now
The 1 year chart for this sub's coin during a crashed bear market is incredible.
I think many have not realized that a “bank run“ is just as possible to happen on Crypto exchanges too and may already be happening.
Why a HODLer is not worried in this market!!!! Hopium you need🚀🚀🌑
Reminder: USDT employees manage roughly $2.6 billion EACH!
Tools for monitoring crypto whale activity to chill down during this volatile market
The FED was so obsessed with Crypto FUD lately that they totally forgot about the Banks and Wall Street. In my opinion, SVB is just the tip of the iceberg.
Fool me once, shame on me. Fool me twenty times…
Good and bad scenarios for Monday morning?
If you could change one thing about crypto
Last chance to buy USDC under $1.00 - we may never see these prices again
I feel really jealous of those who can buy crypto through banks
I don't know about all of you here, but these SVB, Stablecoins and Silvergate implosions are just further proof that Centralized systems in Finance are just prone to such disasters and that we need strong DeFi more than ever.
Stablecoins are not stable anymore but may be it’s the new era for crypto.
Don't let all this fud affect you, your mental health is more important.
Hindsight is 20/20, so stop regretting buying or selling too early
Afters years of Tether FUD, every stablecoin EXCEPT Tether is dumping. Did we misjudge Tether?
Stablecoin Wars: USDT Seems To Be The Clear Winner. USDT The New Stablecoins King?
I'm tired of people's excessive optimism about the future of crypto
It's not FUD anymore, USDC has depegged. DAI & some other decentralised stables have also depegged. Get your money out of stables.
The media spread Binance FUD for months and said that Binance was insolvent, so Binance had to experience a major bankrun; but now two major US banks collapsed and Binance is doing great
What is your crypto allocation?
USDC De pegging heavy Friday Night. Time to buy or time to sell stablecoin.
Coinbase just paused USDC:USD conversions for the weekend, everyone please be careful and stay informed!
Charles Hoskinson responds to critique on Cardano’s governance calling out FUD
Cut Out The Noise And Focus On What Is Important - Crypto Philosophy And Tech, Not On FUD Or Prices
Crypto Markets are having a hard time , 20 reasons why !
Am I wrong to believe this is one major source of the anti-crypto FUD?
Another fall in price, another day in FUD
Mentions
They won't trust me they are just showing their muscles. Crypto will eventually replace the shit paper money. it's something imminent. You can read about the history of money and how people didn't trust or like banks, but in the end, they accented them and used their paper money. On the other hand, Gen z and the coming generations are pretty comfy using new tech, which will make the adoption happen easily, so have some diamonds hands Mr Op and brush the temporary FUD.
Somewhere a Safe moon army shiller is writing up a Twitter post about a FUD and how he is scooping up the discount.
I take this to be weak ass FUD. Right now it is $0.79 to transfer ETH. ETH would either need to be $120k or gas prices at 1300 for it to cost $50. L2 neither increases complexity or decreases security - whilst we’re not there yet the whole essence of L2’s is that they inherent L1 security and account abstraction will vastly help user experience.
Bitcoin became decoupled from FUD
Previously the banks broke/fucked up and because there was no alternative they get a tap on the wrist, a bailout and nice fat bonuses for all the guys in charge. No there's an alternative they are literally shitting themselves, they either want to FUD it or control it
You mean Ripple that paid $5,000,000 to Greenpeace to launch a campaign of environmental FUD against Bitcoin? Fuck Ripple, hope it goes to zero.
Some sort of market confusion based around this weird FUD that I heard. Apparently there's a button to get rid of your crypto?
Article actually is FUD - they say its an out there idea lol
Despite all the predicaments in the market such failing of banks and Binance FUD but BTC is going strong. It might be the start of bull run but we would not really know if we are in a bull market until we are well into it.
#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 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/1273rq3/daily_general_discussion_march_31_2023_gmt0/).
No pumping. This includes links to "pump and dump" groups or signals groups. No shilling or FUD (fear, uncertainty, doubt). Do not use multiple sock-puppet accounts to manipulate votes or achieve a narrative. Do not solicit upvotes, complain about, or predict downvotes. Do not use any "karma-boosting" services, subreddits or techniques to link any content from this sub and beg for upvotes/downvotes. No brigading and always use NP (No-Participation) links.
No pumping. This includes links to "pump and dump" groups or signals groups. No shilling or FUD (fear, uncertainty, doubt). Do not use multiple sock-puppet accounts to manipulate votes or achieve a narrative. Do not solicit upvotes, complain about, or predict downvotes. Do not use any "karma-boosting" services, subreddits or techniques to link any content from this sub and beg for upvotes/downvotes. No brigading and always use NP (No-Participation) links.
I’m still bullish on AMP despite the FUD. Their functional payments in the real world has so much potential. I hope the team pulls it off… and soon.
It's always been there. The term FUD has it's roots in cults.
Lots of FUD around with the recent MyAlgo exploit, but the chain remains the same, as easy and cheap to use as ever. And with developments like AlgoKit coming out I think we're going to see a lot more development and interest over the next few years.
tldr; Bitcoin hit new nine-month highs overnight on March 30 as traders continued to stay cautious. A rejection entered almost immediately, sending the pair back to its starting point and causing already suspicious market participants to call it a “fakeout” "Bear markets naturally have a lot more FUD and Bitcoin has certainly taken a big load of it over the last *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.*
Those who want to leave will leave sooner or later, and those who don’t want to leave will stay no matter how FUD is. Removing those institutions that are not firm will leave behind loyal supporters of cryptocurrency. This may not be a bad thing
What to be afraid of, the more FUD, the stronger the project, this is the instinct of cryptocurrency
1. Buy a cold wallet. There are many on the market. 2. Look for and research exchanges and any cryptocurrency that you choose. 3. Beware of price fluctuations, dollar cost average is the best way to do it. 4. Subscribe to YouTube channels talking about cryptocurrencies. While doing that, be aware that they give opinions, not advice. Pick the channels that doesn't solely focus on one particular thing. 5. Be aware of FOMO and FUD that tends to manipulate the market.
I would personally choose XRP. Then, I would load the boat on SOL due to the amount of FUD and scared money around it.
I will keep this as a reminder for future 2025 MOON FUD... Someone will use it, I am sure..
Think everyone numb to FUD. The more FUD the more I think I’m on the right track.
If you look at the current FUD I think that’s a justifiable procedure.
Just an update as I don’t want to spread FUD. Managed to cash out to PayPal and do some crockery shopping..
All these FUD and war against crypto and still hangin around 26-29k. This is brilliant!
So what’s the FUD today then?
EU next up with the government crypto crackdown FUD
#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 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/12658yj/daily_general_discussion_march_30_2023_gmt0/).
Does this mean we can expect fidelity token and may be their own crypto exchange at some point in future . Nasdaq is also next in line coming up with exchange. All the FUD aside this might be a good year .
Defense wins championships- Defend yourself against FOMO and FUD and stick to your plan, you’ll probably do alright.
FUD or not, BTC kept going 😉
I deny to FUD my bags to earn moons
At least FOOD is always better than FUD… Always follow the healthier of both.
How dare you say that?! FUD /s
Yes this is true. There's a FUD army deployed to counter any concern raised regarding the project.
#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 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/12658yj/daily_general_discussion_march_30_2023_gmt0/).
Bitcoin claimed 29k 10 hours ago. Has not went under 28k in a while. It has proven very resilient in the face of even more FUD
#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 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/12658yj/daily_general_discussion_march_30_2023_gmt0/).
FUD Averaging. I am gonna try this. 30/03/2023 is the date. Thank you.
No FUD but this wouldn't happen to your •Soft wallet •Cold wallet There have been numerous times when withdrawals over various Crypto exchanges are halted and the users are left in a limbo. I just wonder if people started being active enough to just transfer their coins instantly after buying , a lot of them would have escaped these situations.
Every time I hear FUD, I just buy more
Breaking: Government officials have announced they are developing a ‘Subpoena Rifle’ for Gary Gensler. This “FUD CANNON” as it has be referenced, is scheduled for delivery in Q2 2023. Gensler is rumoured to be attending weapons training workshop sessions held by Janet Yellen.
FUD is Binance’s ties with CCP Non-FUD is possibility of Binance front running their own customers
The FUD is off the chain today... BTC...meh!
The XRP homies will never expire apparently! They’ve held for ages thru all kinds of FUD!
Personally I think what is happening around Binance is a bit more concerning and it is not just a FUD. If Binance go down, that will have effect on the whole crypto market, and crypto people in the US will have some hard time. I am not in the US, but I am also concerned for the market as a whole, because of what is happening there now.
In my experience, when bad news comes and everyone believes it, it is FUD. When bad news comes and everyone dismisses it, it's true. Sub has a bad track record.
The classic Binace is Chinese FUD. It even affects people on this sub out of all places you would expect some more people to be quite knowledgeable of the true facts so far...
Take this recent article about binance having issues with off ramping People are calling binance a scam, saying it's failing, they lied about reserves etc It's just they don't have the Fiat on hand for withdrawals, not anything about people's crypto holdings. I expect binance to hold users deposits but it's unreasonable for them to hold the Fiat value as well at all times There is actual FUD, and then FUD FUD
I think, prices will show some arrogance for news and FUD, from time to time...Just to randomize things..
Good morning. Already past half the week, things still the same, BTC going well, alts bleeding with rare exceptions... Hope we have a april and may without FUD
After battling through the FUD there was greener pastures in the end.
Ouch. We ready for FUD: the reckoning? Insider trading in an unregulated market, what a surprise. Self-custody is the way 🙏
Disinformation machine goes BRRRR, letter agencies trying to kill Binance. FUD Funds are Safu
I haven’t seen anyone say the Binance news is FUD, I’m sure some people are but certainly nothing like a majority
Glad to see BTC back above $28k (and even briefly went above $29k). That Binance SEC FUD didn't last that long market-wise 🤔
FUD doesn’t mean it’s not true though?
I was skeptical too, especially since I lost a bit of money when the USDC depegged. However, correct me if I'm wrong but I believe the depegging happened because of FUD and the closure of the bank, and nothing to do with the fact that USDC never had funds to retain the depeg.
This is what Saylor means when he says Bitcoin is pure. Whenever people FUD about bitcoin it's hardly ever about its fundamentals its always about tether, ftx, criminals using it or fossil fuels being burned to mine it. None of that changes bitcoins inherent value, all that is a sideshow of just humans being humans.
This is a dumb "premise" to begin with. I can accept that part. It's not too far out in naivety compared to the general public's knowledge of Bitcoin and other questions or FUD I've heard. Your replies, though, OP... those got painful. The only premise (or reality) anyone is accepting here is that you can't accept logical answers. I'm glad you and your buddy are friends. Two peas in a pod. Hate to sound like a bully, but good god.
The FUD becomes equivalent of burying your head in the sand. Better safe than sorry Amen.
You should go on the scamming, I mean safemoon sub. Anything counter to the cults narrative is considering spreading FUD.
Freight train is steam rolling through all his FUD
If it isn’t officially from the FUD region, its just sparkling disenfranchisement.
The yin and yang: FUD and FOMO
FUD describes all the current markets, not just crypto. Macroeconomics are terrible rn
FUD = Denial a lot of the time.
FUD just straight up ignored and bullish action comes easy 😳
Wow this is next level FUD stretch
Binance also had this outflow FUD after FTX, still there. This is exactly how shit happens, just like with banks, weak minded FUDers creating their own selffulfilling prophecy (if only these people were eliminated from the gene pool). Do what you like with your own shit but stop spamming BS disaster every two seconds. Tell you something else, if Binance would somehow implode, keeping your crypto in your private wallet is utterly useless because it’s dead. Liquidity gone and too much CEX damage and, lets face it, a DEX is not the answer. Yeah
Yep. And considering how 'tribalized' crypto is, everything slightly in disagreement with the general opinion is FUD.
‘FUD’ is correctly understood as a technique used in misinformation. The way that some people use it here borders upon insane.