Can ETHW still survive? - page 2. | Bitcointalksearch.org

Maidak

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Quote from: lixer on November 28, 2022, 11:28:02 AM

Quote from: Maidak on November 28, 2022, 12:09:20 AM

I don't dare to make any statements about what ETHW will look like in the future but I don't think it is outdated, it is still a representation of the ETH POW version. Many people love ETH but they are disappointed with ETH upgrade and they decide to stay to support ETHW, that's why ETHW is still being built and developed more than what ETC did. Currently, ETHW holders are mainly miners and exchanges as most of the investors sold when they received the airdrop. In my view, there is still future for ETHW as they are backed by old ETH miners.

I think it's safe to say that it is outdated because there is a new version that is out already and the majority have moved with it. For those who can't moved on and like the old eth well what can we do?

They are free to stay there if they want to, but for those who are truly a fan of eth, they will accept its new form because this is what the founder wants for his coin. They are willing to show their support until the end. If there are people who got disappointed then I think it was mainly about the price. They expect eth price will pump high right after the upgrade but that wasn't the case that happens though there is still a chance for eth price to increase in the future.

I'm also one of the ETH supporters, but we're here to make a profit, so I won't pass up any opportunity if I see it. ETHW is not comparable to ETH as the founders no longer support it, this is true but does not mean that it is outdated and unlikely to be pumped in the future. The miners are considered the biggest sharks on the market, so with their support, anything is possible.

lixer

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Quote from: Maidak on November 28, 2022, 12:09:20 AM

I don't dare to make any statements about what ETHW will look like in the future but I don't think it is outdated, it is still a representation of the ETH POW version. Many people love ETH but they are disappointed with ETH upgrade and they decide to stay to support ETHW, that's why ETHW is still being built and developed more than what ETC did. Currently, ETHW holders are mainly miners and exchanges as most of the investors sold when they received the airdrop. In my view, there is still future for ETHW as they are backed by old ETH miners.

I think it's safe to say that it is outdated because there is a new version that is out already and the majority have moved with it. For those who can't moved on and like the old eth well what can we do?

They are free to stay there if they want to, but for those who are truly a fan of eth, they will accept its new form because this is what the founder wants for his coin. They are willing to show their support until the end. If there are people who got disappointed then I think it was mainly about the price. They expect eth price will pump high right after the upgrade but that wasn't the case that happens though there is still a chance for eth price to increase in the future.

Sayeds56

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Quote from: Pujangga on November 28, 2022, 05:28:57 AM

I know ETHW when the price is expensive and I never thought about buying, unfortunately there was a LUNA case which made me lose a lot of money and cancel investing in ETHW, and now the price is around $3 and I think it's the right time to buy, I'm sure ETHW will rise again.

Your point of LUNA collapse happened because it was built on proof of stake concept ( easy to print tokens on pos as much as you want ) is convincing to some extent but I think FTX & LUNA collapse happened because of irresponsible corporate behavior and lack of government regulations to control such misconduct and fix it before it happens and millions of investors lose thier life time savings.

I am sure, very soon, we will see tough regulations from concerned authorities to prevent LuNA & FTx like crisis.

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The demand for ETHW coin in the market is very low whether ETHW can still survive will depend on the amount of investment bitcoin and ethereum are generally reliable currencies for investment. Even if these currencies are low in value, they will survive in the market and the value will gradually increase. Best projects for investing in currencies based on competition ETHW coin on the market is staying very low the chances of going up are very low.

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I know ETHW when the price is expensive and I never thought about buying, unfortunately there was a LUNA case which made me lose a lot of money and cancel investing in ETHW, and now the price is around $3 and I think it's the right time to buy, I'm sure ETHW will rise again.

Sayeds56

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Quote from: Crypt0Gore on November 20, 2022, 04:13:11 AM

A crypto fanatic on youtube said ETH pow will survive and many projects will build on it some months ago, I don't remember his name anymore but he is a popular fellow.

To my surprise new projects are still building on the old Ethereum ( ETHPoW ), few of the projects are successful through funds raising but I'm curious what makes developers to keep building on an outdated chain.

Any thought?

I think it wouldn't be easy for ETHW(pow) to survive when all mojor investors have shifted to ETH (pos) but still some crypto analysts thick that pow system is less risky not so vulnerable to hackers. The price action of ETHW is reflecting that market is not much interested in old technology which also consumes huge amount of energy, hence cause high energy cost.

Maidak

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I don't dare to make any statements about what ETHW will look like in the future but I don't think it is outdated, it is still a representation of the ETH POW version. Many people love ETH but they are disappointed with ETH upgrade and they decide to stay to support ETHW, that's why ETHW is still being built and developed more than what ETC did. Currently, ETHW holders are mainly miners and exchanges as most of the investors sold when they received the airdrop. In my view, there is still future for ETHW as they are backed by old ETH miners.

GreatArkansas

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That's why Ethereum did an update because they want to get rid anymore of proof-of-work on Ethereum. So for me, ETHW will be forgotten. As you can see the price of ETH, when hard forked started, just keep falling. Right now ETHW is top 80 of the highest market cap.
This will just be the same what will happen on other hard forked coins on Bitcoin, which will be vanish slowly.

o48o

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Quote from: tokeweed on November 23, 2022, 12:00:36 PM

-cut-
It's all about number go up. But I bet you already know that. Wink

That indeed could happen and as in trading aspect i undertand that mentality. I've made so much money with the coins i don't even know what they are supposed to do. When i don't believe the fundamentals it's easier to sell your bags on the right time as you aren't emotionally attached or in any way delusional.

But i still in my heart believe that if you pick the right horse, preferably with low marketcap, that has good fundamenals it could turn out as it did for early ETH holders. Low marketcap coins without fundamentals like ETHW are on the other hand optimal for calculated swing trading.

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Quote from: o48o on November 22, 2022, 03:37:46 PM

Quote from: tokeweed on November 22, 2022, 09:53:40 AM

-cut-
But ETHW on the other hand is supported by one of the OG miners that helped bring about ETC and many of the ETH miners need a chain to go to continue mining. So no, I don't think ETHW will end up like those obscure BTC forks. It will be around longer than anticipated imho.
-cut-

Well one could say that ETC was garbage as well so i don't see any more point with ethw. I agree that it can't be compared to any btc forks as it's more like eth2.0 is a fork of ethw. Yet i can't see any sensible developer building anything meaningful on top of ethw. There could be some devs trying to cash out with the community support. Because obviously ethW will have SOME community left that support it and would like to buy if anything gets developed on it.

Oh.. yeah for sure. From a developer's perspective, ETHW is def a dead end. Lol. No way any project gets massive attention in the space if it's developed using ETHW. And at the same time, no way any serious project will even choose ETHW. Cheesy

I'm talking more about the market and the longevity of the coin as long as it's being supported by a couple of the bigger exchanges in the space. As long as there's some possbility that it could trend up in a bull market, there def will be people who want to hold and trade it.

It's all about number go up. But I bet you already know that. Wink

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Quote from: tokeweed on November 21, 2022, 10:18:09 AM

Quote from: fuguebtc on November 21, 2022, 06:03:06 AM

Be careful. I made the same mistake during the last bull market by holding a lot more ETC than ETH. I still made a decent amount but I would've made more if I just held more in ETH.

The thing is if you're trying to decide if you're better off holding ETH or a fork of ETH then always look at how the fork is performing against ETH. There are ETHW/ETH charts in Trading View... So if ETHW/ETH is trending up, hold ETHW. If it's trending down just hold ETH.

Thank you for reminding me, but I mean ETHW is just an investment in my venture portfolio, safe investments are bitcoin and ethereum they are completely unrelated. As I said about the future of ETHW, I am not sure but to make a profit and leave afterwards, I think ETHW will be more desirable than other top altcoins that's why I chose it. Even though ETH has moved to POS but ETC and ETHW really still can't compete with ETH, that's true.

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Quote from: MFahad on November 21, 2022, 01:26:00 PM

ETHW has no utility at this time and not any project devolped under it but we can expect good improvement in ETHW in future. Proof of stake is good movement but still need lots of work to be survive. I hope we will see new best Projects under ETHW in feature.

Improvements for what? i didn't even see any reason for improvement to happen with that garbage blockchain cloned by miners. Miners were only using it as a way to get loads of money to funding their mining facilities. I don't see any urgent release that scam fork coin other than being a money bag for the miners. Miners are so greedy pretty much the same like scammers but they were blatantly issuing the scam coin like that and spread hype to make sure people wanna try to buy that.
It's basically nothing like any other fork coin in the market. there will be no improvements for sure and it will survive without any volume next year as people will be dumping their shit scam ETHW to the market.

o48o

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Quote from: tokeweed on November 22, 2022, 09:53:40 AM

-cut-
But ETHW on the other hand is supported by one of the OG miners that helped bring about ETC and many of the ETH miners need a chain to go to continue mining. So no, I don't think ETHW will end up like those obscure BTC forks. It will be around longer than anticipated imho.
-cut-

Well one could say that ETC was garbage as well so i don't see any more point with ethw. I agree that it can't be compared to any btc forks as it's more like eth2.0 is a fork of ethw. Yet i can't see any sensible developer building anything meaningful on top of ethw. There could be some devs trying to cash out with the community support. Because obviously ethW will have SOME community left that support it and would like to buy if anything gets developed on it.

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Quote from: tbct_mt2 on November 21, 2022, 10:26:24 PM

By looking at many forks of Bitcoin which turn to be dead projects, dead networks, I don't expect good future for ETHW.

How Many Bitcoin Forks Are There? You will be surprised!!!

If you use Coinmarketcap or Coingecko and search with Ethereum to find Ethereum forks, you will find many coins which have Ethereum in their names. Not all of Ethereum forks have Ethereum in their names and there are actually more forks than results when you search with Ethereum keyword.

Which BTC forks are we talking about? The really obscure ones? Yup those are totally trash that would end up dead. But ETHW on the other hand is supported by one of the OG miners that helped bring about ETC and many of the ETH miners need a chain to go to continue mining. So no, I don't think ETHW will end up like those obscure BTC forks. It will be around longer than anticipated imho.

And it's supported by some of the rather larger exchanges like Kraken and Bitfinex. That's huge for the longevity and staying power of the project.

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Quote from: bittraffic on November 21, 2022, 10:33:33 PM

If it won't die, it will survive. But like what asriloni said, it yet has no demand. You could have bought ETC instead since it's just the same. The confidence so far in crypto has declined because of the contagion.

Confidence belongs to the investors who had invested and experienced the long bear market and come back buying more before the bull run starts again. ETH pow has not gone through this process yet.

It may as well die but I think that this coin is the new ETH,if you remember back when ETH started in 2016 it was like 3 dollars kinda like the price of ETHW is now and soon it skyrocketed since the first all time high.I am actively mining this coin now that the difficulty is super low at less than 300 T as you can make nice amounts of this coin daily and hope the best for the future.No one knows the future but if it happens that this ETHW to follow the same footprints of the old ETH,everything will be great for the people who bought or mined this coin.

bittraffic

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If it won't die, it will survive. But like what asriloni said, it yet has no demand. You could have bought ETC instead since it's just the same. The confidence so far in crypto has declined because of the contagion.

Confidence belongs to the investors who had invested and experienced the long bear market and come back buying more before the bull run starts again. ETH pow has not gone through this process yet.

tbct_mt2

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By looking at many forks of Bitcoin which turn to be dead projects, dead networks, I don't expect good future for ETHW.

How Many Bitcoin Forks Are There? You will be surprised!!!

If you use Coinmarketcap or Coingecko and search with Ethereum to find Ethereum forks, you will find many coins which have Ethereum in their names. Not all of Ethereum forks have Ethereum in their names and there are actually more forks than results when you search with Ethereum keyword.

MFahad

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ETHW has no utility at this time and not any project devolped under it but we can expect good improvement in ETHW in future. Proof of stake is good movement but still need lots of work to be survive. I hope we will see new best Projects under ETHW in feature.

shinratensei_

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I never try to believe crypto youtuber at all. Most of them were always fucked their viewers. That's not even worthy to waste your time. ETHW was only a forking blockchain being issued by miners. These miners are loosing income from ethereum caused by it has been migrated into the POS so these miners were trying to create their own ethereum that used old consensus as a way to get money and make their rig alive. The price of ethw already plunged a lot. There's no reason to buy this shit scam coin issued by greedy miners.
There are two old ethereum ETC and ETHW. ETC is much more viable compared with ETHW. ETHW is pretty much the same like bitcoin fork coin issued by miners. The developers are only aiming for hype.

Hype = money. Once you can get the hype and you can get money easily without any effort. that's the main aim for those developers keep used the old garbage blockchain like ethw.

MoonOfLife

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Quote from: Crypt0Gore on November 20, 2022, 04:13:11 AM

A crypto fanatic on youtube said ETH pow will survive and many projects will build on it some months ago, I don't remember his name anymore but he is a popular fellow.

To my surprise new projects are still building on the old Ethereum ( ETHPoW ), few of the projects are successful through funds raising but I'm curious what makes developers to keep building on an outdated chain.

Any thought?

I am certain that it will still survive in the future because the miners won't abandon it. But whether it grows and becomes big depends on many other factors. Like ETC still exists today but has not received any notable development. If you invest then be careful but if you are a miner can mine and sell them.

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