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Topic: ETH future - page 2. (Read 608 times)

hero member
Activity: 2912
Merit: 556
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April 05, 2022, 06:31:47 AM
#71
ETH is an old project and is still the king of altcoins, therefore ETH is always ranked second below Bitcoin. This has proven that the future of ETH
will be bright, if the OP has doubts about the future of ETH, meaning that he has not received complete information about ETH. Because if we learn
all things about ETH correctly and from reliable sources there should be no doubt about the future of ETH. In fact, many projects have been created
to shift the position of ETH from number two on coinmarketcap, but neither one worked. I agree with you, there are many other coins that the OP
can choose, but in my opinion it will be a loss if we miss ETH as an investment asset. Because based on my experience ETH can always provide
big profits, if we can be patient holding ETH in the long term. ETH includes coins that always follow Bitcoin price movements, so if Bitcoin pumps,
then the price of ETH will pump too. So it should come as no surprise when Bitcoin hits the ATH price in 2021, ETH also in 2021 managed to reach
the ATH price. That's why ETH is my favorite coin after Bitcoin for investment choices for the long term.
Yes, you are right. ETH can provide huge profits like what bitcoin has given us. I'm also still holding ETH to this day after the previous high gains, and with BTC, I'm sure it will provide another big gain in the bull run and the next altcoin season. But we are only giving advice to @OP, and we are not forcing him to follow what we are suggesting, but it is better if @OP can find more information about ETH so that he has no qualms about investing in ETH other than BTC. So far, the movement of ETH itself has been good and could rise to the level of $3k, and I feel that there is a possibility this year ETH will increase again.
sr. member
Activity: 1890
Merit: 252
The OGz Club
April 04, 2022, 04:43:28 PM
#70
Etherium is a popular coin. The current price of this coin is: $ 3455. If we think back a few days, we can see that the price of etherium has gone up a lot. It is usually for the market. At current prices, Etherium will continue to improve in the future
.
The current price of Ethereum I think is inseparable from the rising price of Bitcoin which has an indirect impact on the altcoin market,
if conditions continue to improve it is not impossible that the price of Ethereum will also continue to rise,
the important thing is to follow the developments and we'll see if there will be a bull market or not
full member
Activity: 1048
Merit: 101
April 04, 2022, 04:34:43 PM
#69
The future of ETH is still very good because now it has switched to POS of course with this transition ETH does not stand alone and remains the best altcoin but in POS it is still in its infancy, and fewer battle tests, compared to POW which has been used before but is developing and Security updates will continue to be made for ETH which is better than others.
jr. member
Activity: 840
Merit: 6
April 04, 2022, 03:43:22 PM
#68
I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
I'm not sure what you are arguing here. Are you saying that POS isn't secure? POS can be just as secure as POW blockchains, even more so since there are no 51% attacks based on hashpower rented from places like nicehash. The added benefit of POS for retail investors is that they don't have to buy expensive computer hardware from china and mine with expensive electricity. Anybody can stake $Celo, $ICP, or $NEAR.
staff
Activity: 2436
Merit: 2347
April 04, 2022, 03:05:04 PM
#67
Ethereum is a perfect choice for investors as it allows easier access from traders and very high potential for long term growth, this is because the scalability of the platform provides room for continuous improvement by developers.
Ethereum is the best coin after bitcoin and nothing can overthrow Etheruem the second best coin among other cryptocurrencies, I never hesitate to own it because it always provides great profits for the long term and the future of Ethereum will continue to be good and improving.

Yes, after the EIP 1559 update, ETH became more attractive for investors and traders, so now there is an outflow of coins from exchanges. And the deposit contract of ETH 2.0 has already exceeded 10,000,000 coins. I doubt that we can see a full-fledged replacement for ETH in the near future, as it is a huge ecosystem that is already highly popular. Yes, it has certain problems, and on this background there are so-called ETH killers that solve ETH gaps in their projects, but even offering, in some aspects, a better product, it still will not outweigh the influence of ETH as a deflationary asset that is gaining momentum.
legendary
Activity: 3318
Merit: 1128
April 04, 2022, 12:12:11 PM
#66
there is certainly a good reason why the team behind eth just decide that it gonna be changing in system from POW and become POS because it’s for saving the energy consumption and going more greener I guess.
there is no harm if it’s for betterment of the world because honestly wasting energy unnecessarily isn’t a good thing either but it depends in the thing that a platform wanna achieve, if it’s security surely it’s better using POW mechanism but
it seems ETH doesn’t really aims for that instead it’s just aims for efficiency and therefore POS could be a great choice for ETH in the future.
the newer smart contract platform choose POS with a valid reason of increasing overall efficiency I think.
Of course, it is a bit about becoming more green, there is no denying that at all. But I would like to say that it is not just about being a bit more green, it is also about the fact that new projects are picking other networks since ETH gas fee is high right now. The reason why ETH became this big was the fact that there are so many projects that end up getting hyped and that increased the price of ethereum.

Even during the bear period, we have seen ETH not go down as much as some of the other coins because it was a period when Axie made people a lot of money and everyone bought ETH to use axie. So, if they lowered the gas fee, they could get even more projects there.
sr. member
Activity: 2366
Merit: 448
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April 04, 2022, 07:49:27 AM
#65
Ethereum is a perfect choice for investors as it allows easier access from traders and very high potential for long term growth, this is because the scalability of the platform provides room for continuous improvement by developers.
Ethereum is the best coin after bitcoin and nothing can overthrow Etheruem the second best coin among other cryptocurrencies, I never hesitate to own it because it always provides great profits for the long term and the future of Ethereum will continue to be good and improving.
sr. member
Activity: 1876
Merit: 318
April 04, 2022, 06:42:39 AM
#64
I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
Why should you be fear for ETH's future? I think the ETH team thought about it before, and if the ETH project is going to be any different than before, maybe it's one of the ways for ETH to continue to change and grow big and survive any upcoming trends in crypto. We don't know if Vitalik Buterin regrets his decision or if he sticks with it. If you are afraid, you don't need to follow ETH and instead look for other coins that you think don't scare you.

ETH is an old project and is still the king of altcoins, therefore ETH is always ranked second below Bitcoin. This has proven that the future of ETH
will be bright, if the OP has doubts about the future of ETH, meaning that he has not received complete information about ETH. Because if we learn
all things about ETH correctly and from reliable sources there should be no doubt about the future of ETH. In fact, many projects have been created
to shift the position of ETH from number two on coinmarketcap, but neither one worked. I agree with you, there are many other coins that the OP
can choose, but in my opinion it will be a loss if we miss ETH as an investment asset. Because based on my experience ETH can always provide
big profits, if we can be patient holding ETH in the long term. ETH includes coins that always follow Bitcoin price movements, so if Bitcoin pumps,
then the price of ETH will pump too. So it should come as no surprise when Bitcoin hits the ATH price in 2021, ETH also in 2021 managed to reach
the ATH price. That's why ETH is my favorite coin after Bitcoin for investment choices for the long term.
legendary
Activity: 2338
Merit: 1775
Catalog Websites
April 04, 2022, 04:57:12 AM
#63
OP your fear is meaningless, could be meaningful if ETH is a new coin in this space but as a old coin many will still prefer this coin over other new ones, either they go PoW or PoS it's going to have no negative effects on this coin, ETH is almost as good as BTC today.

ETH is still the most popular cryptocurrency after bitcoin. 

In my opinion, switching from a PoW consensus algorithm to a PoS consensus algorithm does not change the situation. 

Ethereum has many competitors, but so far none of them have come close to Ethereum in terms of popularity.  Ethereum is a recognized leader in the crypto industry.  Ethereum has a huge number of developers.  A large number of developers is a key success factor. 

Investors can sell one coin and buy another.  It is more difficult for developers to make such a transition.  To do this, they need to retrain.  They may even have to learn a new programming language in order to develop in a different cryptocurrency ecosystem. 

Therefore, in my opinion, everything will be fine with Ethereum!
hero member
Activity: 2828
Merit: 518
April 04, 2022, 04:42:04 AM
#62
I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
Before Mr. Butterin and the team make the decision, they probably anticipate the coming problems that may occur. But I think, whatever it is they know what to do and responded positively. We don't have to fear anything from changing it to a PoS system, I've been believing this may help and add convenience to the user and investors.

I definitely going to agree with what he made, he is even realizing the benefits it gives when switching to PoS.
Quote
As mentioned above, a crypto Point-of-Sale (PoS) is a solution for deploying a cryptocurrency payment gateway. The PoS system enables your clients to pay for goods and services with Bitcoin using their smartphone and crypto wallet. The main advantage of the PoS method is the convenience since it takes mere seconds to create an invoice that the customer can utilize to pay. The PoS gateway is also simple to use and does not involve building complex infrastructure.

source: https://nowpayments.io/blog/what-is-cryptocurrency-point-of-sale#
member
Activity: 405
Merit: 19
April 04, 2022, 04:11:14 AM
#61
OP your fear is meaningless, could be meaningful if ETH is a new coin in this space but as a old coin many will still prefer this coin over other new ones, either they go PoW or PoS it's going to have no negative effects on this coin, ETH is almost as good as BTC today.
newbie
Activity: 34
Merit: 0
April 04, 2022, 04:08:24 AM
#60
ETH is a popular crypto from the beginning. It has a great future. In my opinion ETH will land on 10000$ within next 3 to 4 years. We have to HODL it for next couple of years to get a handsome ROI.
hero member
Activity: 2912
Merit: 556
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April 04, 2022, 02:49:27 AM
#59
I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
Why should you be fear for ETH's future? I think the ETH team thought about it before, and if the ETH project is going to be any different than before, maybe it's one of the ways for ETH to continue to change and grow big and survive any upcoming trends in crypto. We don't know if Vitalik Buterin regrets his decision or if he sticks with it. If you are afraid, you don't need to follow ETH and instead look for other coins that you think don't scare you.
full member
Activity: 1358
Merit: 104
April 04, 2022, 12:57:12 AM
#58
I think ETH network transaction high gas fee that is the main problem to ETH.Many people complainied for high gas fee.I think, everything is fine to ETH volume, price.I think they will be update ETH 2.0 an solved this problem. I hope they will be more development in future.
Not everyone complains about the high transaction fees of ethereum, because the use of this network is usually used by people who are more capable, even those who often complain about the ethereum network, those who participate in bounty campaigns, because there is no match between transactions and opinions received, so for those who they don't match ethereum network use



High gas fee,it's very difficult to small investor because any single transaction gas fee need $25-30$ It's very high gas fee for small capable investor.If they don't update their gas fee network then i think many people will not use ETH network. But I hope ETH gas fee will be low in future and they will be update more in future.
hero member
Activity: 3066
Merit: 536
Leading Crypto Sports Betting & Casino Platform
March 31, 2022, 10:45:39 AM
#57
there is certainly a good reason why the team behind eth just decide that it gonna be changing in system from POW and become POS because it’s for saving the energy consumption and going more greener I guess.
there is no harm if it’s for betterment of the world because honestly wasting energy unnecessarily isn’t a good thing either but it depends in the thing that a platform wanna achieve, if it’s security surely it’s better using POW mechanism but
it seems ETH doesn’t really aims for that instead it’s just aims for efficiency and therefore POS could be a great choice for ETH in the future.
the newer smart contract platform choose POS with a valid reason of increasing overall efficiency I think.
sr. member
Activity: 2436
Merit: 343
March 31, 2022, 08:26:44 AM
#56
I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.
All you need to do is to stop relying on FUDs.
Will Mr. Vitalik let it happen? It surely not, he'd protect it and that is why despite much negativity we've heard in previous days, ETH still exists till now. That is how obvious that ETH would certainly survive and we never have to think about dying because this only happens to shitcoins. And if you know the function of these smart contracts in the market, I believe you just then change your view.
member
Activity: 588
Merit: 11
Futiracoin.com
March 31, 2022, 07:21:30 AM
#55
I think ETH network transaction high gas fee that is the main problem to ETH.Many people complainied for high gas fee.I think, everything is fine to ETH volume, price.I think they will be update ETH 2.0 an solved this problem. I hope they will be more development in future.
Not everyone complains about the high transaction fees of ethereum, because the use of this network is usually used by people who are more capable, even those who often complain about the ethereum network, those who participate in bounty campaigns, because there is no match between transactions and opinions received, so for those who they don't match ethereum network use
member
Activity: 889
Merit: 60
March 30, 2022, 04:44:49 PM
#54
I fear for ETH future, almost all smart contract projects are using the PoS staking algorithm but only ETH PoW stands alone, this makes ETH different and one of a kind smart contract project, I think vitalik buterin will regret is decision after ETH goes PoS.

Well good luck for anyone staying in POW and finding developers for the old expensive chain while all the brainiacs are moving to POS because that's where the future is. The whole POW ideology is just pointless after POS. And POW will mostly be pushed by unemployed miners with rigs they can't use anymore.
legendary
Activity: 2534
Merit: 1338
March 30, 2022, 02:46:42 PM
#53
I think moving ETH from POW to POS is a reasonable decision, POS will consume less energy than POW. Many experts argue that the move to POS does not weaken the ETH network, but also increases the stability and scalability of the network when combined with sharding so no need to worry too much.
ETH is still the top altcoins and with the upgrade to ETH2.0, the future is brighter than ever.
We have no other option but to wait and see if they are right, POW seems like the best way to protect the network from malicious attacks, is it energetically expensive? Without a doubt it is, but it is worth it, however it seems that the move towards POS is inevitable for ethereum, however it is a process that it has taken many years and if there happens to be a mistake at some point in the process a huge deal of the confidence and trust that people have in the ethereum network will be lost almost overnight.
full member
Activity: 1358
Merit: 104
March 29, 2022, 12:30:47 PM
#52
I think ETH network transaction high gas fee that is the main problem to ETH.Many people complainied for high gas fee.I think, everything is fine to ETH volume, price.I think they will be update ETH 2.0 an solved this problem. I hope they will be more development in future.
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