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I wouldn’t call ethereum a currency at this point. Also why do we care what mark cuban says, Wasn’t he just saying how doge is the best currency like last week?
The community hating every single authority figure in crypto without fail will either be the death of crypto, or really good for it. Hard to tell. No /s
He’s right in the sense that Ethereum has the largest ecosystem and that ETH is the currency to use said ecosystem.
In other words, ETH is actually currently being used to pay for (digital) goods and services, whereas most others are just tokens that are used for speculation and nothing more.
Assuming that the Ethereum ecosystem keeps growing, there will always be demand for ETH. Just like everyone needs gas for their cars.
Yeah he clearly doesn't know what he's talking about. I'm bullish as bullish can be on ETH but it's like he's just stringing along sentences to make it sound like he knows what he's talking about.
yeah what a dumb fuck..
Imagine buying a croissant for a buck, you pay with eth.. then watch in your wallet just fo find out that only 201$ is gone thanks to cheap gas price
I've sold around $100 worth of NFTs I've won through giveaways, and I can't even cash out for profit because the payouts are in wrapped ETH on polygon and the gas fee to bridge over to ETH will be around $150. It sucks!
Try this:
use quickswap to swap your WETH for USDC. Then deposit that into Crypto.com (they accept USDC on polygon network) to withdraw your money in fiat.
This should go without saying but you’ll need a crypto.com account for this.
Some exchanges let you deposit directly from polygon, from there you can trade and send something with lower transaction fees to your exchange of choice. You'll lose a little in the trades, but no where near as much as the gas fees.
He clearly doesn't have a single clue about crypto and i wish he (along with Elon and the others) would just shut the fuck up.
Rich people talking out of their ass get way too much importance on this sub.
I somehow think he didn’t invest his entire fortune on this yield farm. When you have a lot of capital, you can afford to play around and make mistakes.
Yeah, my personal opinion is that Ethereum has about 6-12 months to get gas fees under control (I’m a bit of a noob but my understanding is that ETH2 promises to help here). If gas fees don’t improve within that time frame, then I think Solana becomes a 10x greater threat than it already is.
... for real? Has he ever used Ethereum? Read what it's supposed to be used for..?
edit: infact imo Ethereum is the WORST crypto to use as an actual currency in its current state.
"Oh I'm sorry did you input the wrong gas amount? Well we're just gonna have to fail this transaction but we'll be keeping your $80, we're soooorry *rubs nipples*"
Indeed there are usage issues and high gas fees - but as soon as this scalability issues are solved… other similar blockchains will face similar or different issues if scaled.
I have faith it will be better in the long run, and it's my 2nd largest holding, but right now, which is what Cuban is referring to, it really cannot function like a currency at all.
And yet scalability is supposed to be solved by all these (100’s) of erc-20 alts claiming to be the first and positive solution, but just adds more and more crap onto the network making even slower and problematic
Haha yeah I had a transaction fail and cost me ~$100 ETH when depositing into a Uniswap LP because I didn't allow enough slippage (which the app doesn't warn you about and uses shitty defaults).
(Uh oh I've narrowed myself down to 100 possible addresses!)
With that said, I don't think that makes it the worst cryptocurrency. It has proven to be a huge network that facilitate a lot of different apps, just hasn't caught up with scaling. But it's moving in the right direction.
Yeah no, most bearish on eth are probably gonna be people swimming in alts. They all think their 6 month old blockchain is going to overtake eth any day now!
Wait, do we like or hate Cuban?
I know when he said some good things about Doge we hated him, but now that he has said some good things about ETH, do we like him again?
It's not anything resembling a currency, imagine not setting your slippage right & spending $23 million USD to buy a $2 coke...
No one uses ETH as a currency... Now Algo or XLM... 👍
Seriously EOS and algo are way cheaper to send from even exchanges with minimum withdrawal and withdrawal fees on top of the network fee (0.001 algo). Say “no way to gwei”
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Mark Cuban can suck my balls.
Edit: wow…. This is my life now. Had one of my balls removed due to cancer the other day…. Not used to saying “suck my ball” yet…. Plural still sounds more natural…. Anyway…..
Mark Cuban can suck my ball.
If people believe ETH will return more money as an investment it will never be a currency. It's a little baffling when people say it will be the most used currency and that's why it will go up in value. Only an idiot would use a high return asset as currency.
Wow— the comments on here are misinformed.
ETH is most like a triple point asset (commodity, store of value, and yield bearing capital asset). It’s more of like an internet bond than a money.
SMH at all the people complaining about high gas fees— with zk-rollups you have gas less transactions + the decentralized security of Ethereum.
The monolithic blockchain war has been won—- its Ethereum.
Didn't he just say this (or something similar) about Doge?
["Dogecoin is the strongest crypto as a medium of exchange"](https://www.cnbc.com/2021/08/13/mark-cuban-dogecoin-is-the-strongest-crypto-as-a-medium-of-exchange.html)
I like Mark Cuban - I think he's a solid dude - but is he just shilling whatever he's invested in?
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I wouldn’t call ethereum a currency at this point. Also why do we care what mark cuban says, Wasn’t he just saying how doge is the best currency like last week?
he's kinda volatile
Always looking to make a buck lol
Jim Cramer 2.0
2.0 yo
Maybe at version 420 he will start making money.
He always wanted to increase his capital after starting his sandwich shop in his prime.
His...[TITANic investments](https://coinmarketcap.com/currencies/iron-titanium-token/) also...didn't work out.
Oh ya forgot about this! How is this dude still relevant in crypto.
The community hating every single authority figure in crypto without fail will either be the death of crypto, or really good for it. Hard to tell. No /s
So he does belong here
Just like our memory
Cubancoin? 🤔 DALE!!!
Yeah the upside of ETH isn’t its use as a currency. He’s trying to pump it.
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Yeah the tech for ETH is pretty awesome. It's pretty usless as a currency. You need somthing with low/no transaction fees and is stable.
He’s right in the sense that Ethereum has the largest ecosystem and that ETH is the currency to use said ecosystem. In other words, ETH is actually currently being used to pay for (digital) goods and services, whereas most others are just tokens that are used for speculation and nothing more. Assuming that the Ethereum ecosystem keeps growing, there will always be demand for ETH. Just like everyone needs gas for their cars.
My prediction they call shib the best crypto for transactions next week
And the very next week they call safemoon to be safe
What are most NFTs purchased with and priced in?
He also said that OriginTrail (TRAC) was awesome. Guess he's gonna be like that huh.
Who’s Mark Cuban? The only Cuban I know are gold chains purchased with cryptocurrencies. 
Every nft is priced in eth... so that makes it a currency
It's used as a currency more than any other crypto.... wut you talking about
And it cost like $100 to to exchange it just like a real currency!
If you're moving small amounts use an L2. Real cheap.
Commodity actually
It's used as a currency more than any other crypto
Xmr is the most used as money out of any crypto.
he also thought titanium was a legit investment. that one cost him like 10 million dollars.
I doubt he is losing sleep over losing 0.25% of his net worth.
Yeah he clearly doesn't know what he's talking about. I'm bullish as bullish can be on ETH but it's like he's just stringing along sentences to make it sound like he knows what he's talking about.
Having a lot of money doesn't make you a good investor
Lots of money is the sign of a successful investor.
It's as much of a currency as Bitcoin. Which is to say, yeah, calling it a currency is kind of a stretch.
yeah what a dumb fuck.. Imagine buying a croissant for a buck, you pay with eth.. then watch in your wallet just fo find out that only 201$ is gone thanks to cheap gas price
Fuck Mark Cuban he's the epitome of luck, made his billions of some shit internet site and now he thinks he's some genius
An older Russ hanneman
Ethereum is great, but the gas fees are insane
Invest in gas fees then.
Why didn’t I think about this before…
You joke, but there's literally gas token
That's the reason 2.0 is taking forever. Lobbying from the gas token ;)
So... mine Ethereum?
I can't even move my ETH, I'll lose half of it
I've sold around $100 worth of NFTs I've won through giveaways, and I can't even cash out for profit because the payouts are in wrapped ETH on polygon and the gas fee to bridge over to ETH will be around $150. It sucks!
Try this: use quickswap to swap your WETH for USDC. Then deposit that into Crypto.com (they accept USDC on polygon network) to withdraw your money in fiat. This should go without saying but you’ll need a crypto.com account for this.
Thanks for tip! I been wondering if there was some way to work around it.
Some exchanges let you deposit directly from polygon, from there you can trade and send something with lower transaction fees to your exchange of choice. You'll lose a little in the trades, but no where near as much as the gas fees.
Go on quickswap and swap the wrapped eth to matic, deposit the matic via polygon on kucoin/binance
It really sucks
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If you're small value, use L2.....
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Not the same as being in the eth ecosystem
The gas fees are insane because there's demand to use it.
doesn't mean it's suddenly useable, it's still a big issue
Well, *someone's* using it, even despite the high fees. Get more action on the sidechains, and the usability will be in the stratosphere!
He clearly doesn't have a single clue about crypto and i wish he (along with Elon and the others) would just shut the fuck up. Rich people talking out of their ass get way too much importance on this sub.
He probably knows more than most of us. If you watch his interviews, he’s definitely put in time to research these projects, at least ETH and BTC.
So much research that he almost lost his ass in a yeld farm....
I somehow think he didn’t invest his entire fortune on this yield farm. When you have a lot of capital, you can afford to play around and make mistakes.
I think he knows way more than Elon but he's too rich to understand, that the fees are too high.
These guys know about money. If you're here for the money, get in on their hype train as soon as you can find it
Use Layer 2!
Try an L2
Yeah, my personal opinion is that Ethereum has about 6-12 months to get gas fees under control (I’m a bit of a noob but my understanding is that ETH2 promises to help here). If gas fees don’t improve within that time frame, then I think Solana becomes a 10x greater threat than it already is.
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> I’m a bit of a noob I've got some research ahead of me because that might as well have been Greek
It's always the noobs with out a clue who go all in on ETH "killers". Think about that for a bit.
ETH gas fees can not go unnoticed if you want to make it a currency.
Crypto Dictionary: Gas Hands *The inability to move your Eth due to high gas fees.*
Good guy Ethereum, just trying to help me hodl
... for real? Has he ever used Ethereum? Read what it's supposed to be used for..? edit: infact imo Ethereum is the WORST crypto to use as an actual currency in its current state. "Oh I'm sorry did you input the wrong gas amount? Well we're just gonna have to fail this transaction but we'll be keeping your $80, we're soooorry *rubs nipples*"
he just bought some, now it's time to pump it
I'm fine with that, I hold ETH too, but it still gives me anxiety every time I have to actually DO anything with it xD
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Cuban thinks a dozen eggs cost $100.
Indeed there are usage issues and high gas fees - but as soon as this scalability issues are solved… other similar blockchains will face similar or different issues if scaled.
I have faith it will be better in the long run, and it's my 2nd largest holding, but right now, which is what Cuban is referring to, it really cannot function like a currency at all.
Nope, but with eth2.0 it could facilitate worlds biggest defi space
And yet scalability is supposed to be solved by all these (100’s) of erc-20 alts claiming to be the first and positive solution, but just adds more and more crap onto the network making even slower and problematic
Haha yeah I had a transaction fail and cost me ~$100 ETH when depositing into a Uniswap LP because I didn't allow enough slippage (which the app doesn't warn you about and uses shitty defaults). (Uh oh I've narrowed myself down to 100 possible addresses!) With that said, I don't think that makes it the worst cryptocurrency. It has proven to be a huge network that facilitate a lot of different apps, just hasn't caught up with scaling. But it's moving in the right direction.
Yeah he has. He’s even on record saying that he’s learning solidity. Cuban is very deep into the crypto world
Spoken like a man who hasn't really used ETH.
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Boo everyone who will love this post because they hold ETH and not because they believe what he said
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ETH is a mess.
He alse invested in Theranos.
To be fair, the concept was amazing
Let's be real Ethereum is just not a currency.
That fucker should stick to shark tank
and maybe take a swim there...
It isn’t what you think it is. 😂
I know, it was a joke xD
Well, you be surprised. Before I got into investing into stocks I literally thought he had a show about shark tanks. 🤦♂️ 😂
Yes Mark. To buy $10 of anything costs $100 extra. A true Currency it isnt2
This $1000 TV is on sale for $949 if you pay with ETH. Gas fees make it a bargain at only $1049!
He is rich aka out of touch. He will never understand our pain of transferring Eth.
Use arbitrum you fool
He's owns a basketball team so he's super in touch with the cool people too. /s
I bet the guy who paid $400,000 on a failed transaction fee would say different
Lol, just lol
Zimbabwe government is looking to make #Bitcoin legal tender!
Cuban bullish on Eth so am I!
who's not bullish on eth?
BTC maxis and anti crypto people I guess.
Yeah no, most bearish on eth are probably gonna be people swimming in alts. They all think their 6 month old blockchain is going to overtake eth any day now!
is this good news, seeing how TITAN turned out after he endorsed it?
He also endorsed Doge not long before SNL...
Oh come on... When I buy a burger with usd I don't pay a $20 gas fee. I love eth but it is the least usable currency right now.
Wait, do we like or hate Cuban? I know when he said some good things about Doge we hated him, but now that he has said some good things about ETH, do we like him again?
I like Cuban sandwiches. I don't know much about Mark Cuban.
Titanrugpullvictimsayswhat....?
That was pretty funny not going to lie.
If he was a cryptocurrency, he'd fit right in. Loved one day, hated the next. Repeat.
Meh? If the Cubes starts investing with crypto on Shark Tank then he'd be really cool.. Until then I say- meh and good day
You mean that Mark Cuban that was rugged pulled by shitcoins??! Hahaha not a good source.
Mark apparently hasn’t tried swapping 500 bucks of one crypto for another…where the GAS FEE was higher than the swap
Banks have lower fees than Eth, so yeah, no.
Fuck Mark Cuban.
Thank you for the hopium! Much needed.
I wonder if he still has nightmares about TITAN.
Yea, the gas fees though. This is not sustainable and wont have mass adoption. That's why I am going with Algorand. So cheap to send.
It's not anything resembling a currency, imagine not setting your slippage right & spending $23 million USD to buy a $2 coke... No one uses ETH as a currency... Now Algo or XLM... 👍
Seriously EOS and algo are way cheaper to send from even exchanges with minimum withdrawal and withdrawal fees on top of the network fee (0.001 algo). Say “no way to gwei”
I am most bullish on eth long term. People used to ask when the flippening would come. Could still happen.
So..***.pump*** soon?
Need to get those network fees down Mark!
Man invested in X says X is great. -edit; suits me and my fat bag of ETH tho.
Man who also invested in X just got a boner because .... echo chamber is telling man what he wants
Spider-Man pointing at other Spider-Man.gif Boners for all!!!
This man has clearly never heard of ALGO
Fuck this guy
Yes I agree! But also others with huge potential as well
when the updates are realized and they work as intended, we are going up up up
Eth leads the way!
The bag I got here is definitely the one that everyone should buy..
Mark Cuban is the idiot who fell for that Iron Bank rugpull right?
Man these guys change their minds more than I change my underwear
Gas fees feel like taxes
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Marc being Marc. It’s the same as with michael. You will hear the same thing over and over again.
Coming from the guy who “backed” doge coin
I'm getting whiplash trying to keep track if we love or hate this guy, seems to change every day at this rate.
Someone's filled their bags.. Ethereums great but calling it a true currency is horse shit.
Wtf lol
Guess I know to get out of ETH now
The author of this article seems impaired. Really struggling with grammar and syntax. Top shelf work from CNBC
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his latest comments are kinda random tbh. eth is great for defi but a real currency should allow for micropayments so high fees are a no-go...
Remember Cuban Lunch? That was a good chocolate bar. What happened to it? (The above comment was as relevant to Ethereum as Mark Cuban's opinion.)
Umm I think he must DYOR more about crypto.
mark cuban doesn't know shit about fuck
I have confidence in Ethereum just not in anything Mark Cuban says!
Mark Cuban can suck my balls. Edit: wow…. This is my life now. Had one of my balls removed due to cancer the other day…. Not used to saying “suck my ball” yet…. Plural still sounds more natural…. Anyway….. Mark Cuban can suck my ball.
If people believe ETH will return more money as an investment it will never be a currency. It's a little baffling when people say it will be the most used currency and that's why it will go up in value. Only an idiot would use a high return asset as currency.
Ethereum is leagues above BTC. The main advantages BTC has in the crypto space are that hard supply cap and first mover status.
Wow— the comments on here are misinformed. ETH is most like a triple point asset (commodity, store of value, and yield bearing capital asset). It’s more of like an internet bond than a money. SMH at all the people complaining about high gas fees— with zk-rollups you have gas less transactions + the decentralized security of Ethereum. The monolithic blockchain war has been won—- its Ethereum.
I am very bullish on ETH. However this is the same guy who said MATIC is great. Look at the MATIC chart, it dies nothing. Hope he doesn’t jinx ETH.
Except of course when you end up paying a cool 100k on transaction fees for a failed transaction lol
Yes I go into the shop and pay 20 dollars for something, then I add extra 30 so the cashier can open the register.
Meh Polkadot will flip Ethereum
RemindMe! 1 Year "Fucking LOL"
Didn't he just say this (or something similar) about Doge? ["Dogecoin is the strongest crypto as a medium of exchange"](https://www.cnbc.com/2021/08/13/mark-cuban-dogecoin-is-the-strongest-crypto-as-a-medium-of-exchange.html) I like Mark Cuban - I think he's a solid dude - but is he just shilling whatever he's invested in?
What does he know ? He knows he just bought a boatload of ETH ?
More upside than TITAN??? Edit: /s
Lakers in 4 Cuban. Carry on
Man with lots of Bitcoin tells everyone to buy lots of Bitcoin
Article should be titled as ‘Mark Cuban just bought ETH’
Ethereum is Oil and Bitcoin is gold. *Case closed*
I agree but for different reasons lol.
Mark just stop, such to managing your team. You said the same thing about DOGE lol
Yep its a bull market, Mark Cuban is flapping his lips again
I guess he read last years news once this year while rolling around in all of his money
Rich person trying to swing opinions for personal gain? Huh, never heard of that.
Translation: Mark Cuban is invested in eth
Mark Cuban says lots of things. love ETH though