Topic: Ethereum: Sinking ship or Sleeping Giant? (Read 1707 times)

I’ve been into Bitcoin since 2014. It’s always been my main thing, however I’ll admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.

Now I find myself in a situation where I really believe in Ethereum as the only other viable project. I’ve been accumulating Ether to the point where now I’m 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).

I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).

That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.

Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.

Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.

◦ the switch to POS should bring in new Ethereum supporters and hence increase its value.
◦◦ the developments so far are impressive
◦◦◦ Ethereum co-founder dumped a whooping sum which isn't cool.

Looking at the plans of Ethereum and developments coming up, I would say it is near to a sleeping man rather than giant. If we see a spring like before when all the new projects were choosing ETH for their coin, ETH will not go up. If new projects starts accepting the developments of ETH then we may see some movement. I would say the POS update will bring in at least some new members to the community.

I’ve been into Bitcoin since 2014. It’s always been my main thing, however I’ll admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.

Now I find myself in a situation where I really believe in Ethereum as the only other viable project. I’ve been accumulating Ether to the point where now I’m 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).

I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).

That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.

Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.

Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.

Too slow thay if they failed to make it good it will be worste investment for investors. Ethereum platform is good idea no doubt about it but the problem is the people using the platform . If vitalik cant control many tokens created using thier platform it will end nothing and it will lose interest of neq potential investors that is serious about thier investment.

Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.

As Ethereum marked the third anniversary of its genesis block on July 30th, has it made enough progress to ward off upstart challengers like EOS or Hashgraph, or just created a platform for them to leapfrog into the next generation of blockchain? So Ethereum good move slowly slowl.   

The only reason why I continue to believe in ETH is a successful update that took place at the beginning of this year. All 2019 I was sure that this project could not continue to exist and I was waiting for an update. The update was successful and they did not move the deadlines, that's why I did not sell all of my ETH immediately.

Just to be clear if ethereum is going to depend on bitcoin skyrocketing to go up in value then it is never going to grow up as everyone is expecting, ethereum needs to begin to move independently or it is never going to reach its all time high again, but since 2017 this has not been the case and people are starting to doubt if this is ever going to happen again and even if it does it will not matter if you are not holding any ethereum at that time.

Ethereum has never been called a sinking ship, it will only become once people are abandoning the chain and projects are moving to another chain, but it's not the case so far, they may be quiet right now, and that includes the price but not for long, they are still on target once Ethereum POS start moving things are going to change.

Ethereum has never been called a sinking ship, it will only become once people are abandoning the chain and projects are moving to another chain, but it's not the case so far, they may be quiet right now, and that includes the price but not for long, they are still on target once Ethereum POS start moving things are going to change.

You are right, but for me who only rely on news don't have any choice beside to believe it can make ETH pumped. Maybe it will almost like bitcoin with halving which make me believe bitcoin pumped too. And both of that coin i will hold longer.

The current price of the ethereum is on the dump state. But I am hoping that it is just sleeping and preparing itself to have a bull run like what will happen on bitcoin. For sure when the price of bitcoin rises up, the other coins including ethereum will increase its price also since they are dependent on the market movement of bitcoin.