[ANN] Ethereum: Welcome to the Beginning

[onecall123]

Ladies and gents, we've got a new ATH!

That's right, about an hour ago and more we got the new ATH. But I personally believe that this is not the end of the new ATH of Ethereum in the bullish time.
There will be another ATH, right?
Ethereum really offers the power as one of the best altcoins so far. 

Absolutely, this is just beginning as long as development is going on and money come into the market. Ethereum may hit $2000 after building a strong support at this level. Our concern is, how longer it will HODL at this position? So do you guys think Ethereum will keep going up or go back soon? Whatever all just temporary.

[zasad@]

https://decrypt.co/56426/ethereum-gathers-momentum-as-grayscale-picks-up-38-million-in-eth

Ethereum Gathers Momentum as Grayscale Picks Up $38 Million in ETH
"In a single day, Ethereum broke its all-time high, saw a record in open interest, and attracted a big amount of institutional capital. Here's the breakdown.

In brief
Yesterday marked one of the biggest days ever for Ethereum.
It set a new all-time high, saw $38 million in institutional inflows, and saw a record day of open interest.
One exchange is introducing a very bullish option product."

[TeraBite]

CME ETH futures (I guess once again unbacked "paper"-futures) starting at Feb 8th... blessing or a curse?
Imo "not good" if I think back to the launch of BTC-futures, but change my mind?
maybe in times of r/WallstreetBets and r/SatoshistreetBets institutional shorters/gamblers are more careful now 🤘

Exactly now time has been changed more big players are involved into this ecosystem. That is historic moment for ETH a big milestone has been achieved with solid and strong growth. Now people are investing in this to make secure the future so this will be amazing for ETH.

[adamvp]

Kudos to ETH for reaching and breaking its All-time High!

Some interesting info about ETH staking:
https://beincrypto.com/ethereum-becomes-third-most-staked-token-new-price-highs/
Eth staked only a little more than 2% of its total supply so far, do you think it will be higher?
How it will affect price?
https://www.stakingrewards.com/cryptoassets

[andrioshane10]

gudluck for this project. ill wait for it booom.

[zasad@]

https://twitter.com/k06a/status/1356583893579792384?s=20
Anton Bukov | k06a.eth
@k06a(C)
"I have built chart for day-to-day gas utilization within blocks since Ethereum started.
Seems like it's right time to increase gas limit from 12.5M to 15M. Let's do this to increase transaction throughput by 20%"

Anton Bukov | k06a.eth
@k06a(C)
2 february
"I afraid EIP1559 adoption is at least 1 year away from now – it is my own optimistic estimations. While miners could increase block gas limit without any hard-fork – every miner is capable increase gas limit by ≈0.1% comparing to previous block."

Interesting thought, although the developers were planning EIP1559 this year

[Mrpumperitis]

https://twitter.com/Solana_Mates/status/1357564286843949057
Wormhole bi-directional bridge between Solana and Ethereum is now live! Bridge at night

Other Layer 1s to follow Smiling face with sunglasses $SOL $ETH
@solana

[Mrpumperitis]

https://twitter.com/thedhkt/status/1357537362482401282

2/ Details from initial test transactions on Mainnet Beta using the bridge show:
- ETH to Solana = 70-80k gas (~$15 @ 150 gwei) in ~20 seconds
- Solana to ETH = 180k gas (~$50 @ 150 gwei) in ~24 seconds

[Moshen]

Gas usage is at its lowest since 2005. Gas price tanks, network load tapers, tsunami is postponed coz investors leave to try themselves on more felicitous grounds outside of Ethereum ecosystem. Vitalik got in an argument with a street car driver and got dinged on the head, it will take time to rehabilitate his head after this catawampus. Does anybody knows what caused the price to skyrocket amid gloomy news I just recited?

[There is no spoon]

Gas usage is at its lowest since 2005. Gas price tanks, network load tapers, tsunami is postponed coz investors leave to try themselves on more felicitous grounds outside of Ethereum ecosystem. Vitalik got in an argument with a street car driver and got dinged on the head, it will take time to rehabilitate his head after this catawampus. Does anybody knows what caused the price to skyrocket amid gloomy news I just recited?

To be honest, Ethereum is one of the few projects that really works, it's an old-reliable blockchain. This is the main reason why new projects are working on it, collecting money on it, which is why transactions are so expensive. Too high demand = high transactions. This is what I mean.

[rahmat86]

can Etherum gas be any smaller than now? I feel the price of gas is very expensive, if you are a person who has a lot of etherum this is not a problem but if you are a poor person then this will be very unprofitable

[gembira]

can Etherum gas be any smaller than now? I feel the price of gas is very expensive, if you are a person who has a lot of etherum this is not a problem but if you are a poor person then this will be very unprofitable

In depends on the network TXs. Fees are crazy nowdays with this Defi hype. But they can reduce fees only when moved to POS.

[fapar]

can Etherum gas be any smaller than now? I feel the price of gas is very expensive, if you are a person who has a lot of etherum this is not a problem but if you are a poor person then this will be very unprofitable

In depends on the network TXs. Fees are crazy nowdays with this Defi hype. But they can reduce fees only when moved to POS.

Now the gas price increase in the days of CryptoKitties doesn't seem so big anymore?)) Although in absolute numbers, they are even comparable... however, the price of ETH in those days was different.

[TeraBite]

can Etherum gas be any smaller than now? I feel the price of gas is very expensive, if you are a person who has a lot of etherum this is not a problem but if you are a poor person then this will be very unprofitable

In depends on the network TXs. Fees are crazy nowdays with this Defi hype. But they can reduce fees only when moved to POS.

In current state it is no possible to switch to POS mode even ETH2.0 is already going on successfully. Gas price is truly insane even DEX's are charging more high fees even more than $100 for $10 trade that's reason people are afraid to use them. Let's see when the gas fee will get resolve and this network will become affordable.

[onecall123]

can Etherum gas be any smaller than now? I feel the price of gas is very expensive, if you are a person who has a lot of etherum this is not a problem but if you are a poor person then this will be very unprofitable

In depends on the network TXs. Fees are crazy nowdays with this Defi hype. But they can reduce fees only when moved to POS.

ETH gas fees are excessively high, however people won't stop using it but anytime bigger TXs than before and until we move onto faster, quicker network POS system we have to live with it. It's just matter of time when 2.0 is completed, gas fees will be much lower.

[tbearhere]

  How much does it cost in gas to send .01 ETH?   Lowest cost.

[Termie]

How much does it cost in gas to send .01 ETH?   Lowest cost.

https://ethgasstation.info/

[Mistafreeze]

  How much does it cost in gas to send .01 ETH?   Lowest cost.

Fees is not fixed it keeps changing. Your wallet will show the fee for slow and fast transaction. If you pay high gee,, your transaction will go through quickly.
Paying lower fee than suggest by network, may lead to you tokens stuck.

[raji1995naya]

Ethereum gas fees are crazy. For a small amount of token transaction fee is cost than the total value of the tokens. Lots of projects looking forward to moving from ethereum chain to trc20. If you do not consider this matter, You will lose many users.

[JollyGood]

ETH hit a new all time high 9 hours ago: $1,871.60

Even now it is trading at over $1800...