Ethereum: Sinking ship or Sleeping Giant? - page 4.

WalkerIVIV

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Quote from: anjiitem on January 14, 2020, 12:30:04 PM

Quote from: tabas on December 31, 2019, 07:30:17 PM

Quote from: Capt00 on December 31, 2019, 06:37:48 PM

Quote from: tabas on December 31, 2019, 06:07:27 PM

It's not a sinking ship but it's no longer a sleeping giant. Let's admit it that we've expected much with ethereum but mostly it became a failure to most. I'm still have my last ethereums on hold and willing to wait until I can see the price becomes acceptable for me to sell.

I'm still optimistic that ETH could show its market dominance among altcoins. Yes, Ethereum is not a sleeping giant anymore but consider it a sinking ship if people will never risk their money for investment. The future of this certain is only in the hands of the investors but of course, the devs have had a big role for this in order to turn back its potentiality.

Just like bitcoin, there are holders that are not willing to sell at any price. The developer that sold and plunged the price back to the current we have is desperate and is probably in need of money. We have no choice but to remain optimistic until we sell it at a satisfying price soon.
The future isn't just with the investors but it's more with the developers and how they'll show the development of it to us.

Developers must be able to show what developments or updates they will make in order to attract investors to invest in it or be able to encourage many people to start buying coins and also for investors if the project is good, they will start investing and hope that it will can provide benefits and hope that the developer can give what is best to develop the project.

The develops have done the latest updates and it has already showed to the holders but to be done all of the updates need the time. Ethereum is a large scale blockchain protocol which widely used and that makes ethereum consumes more time to make it happen. I just suggest you to watch all of the articles about the ethereum updates again.

anjiitem

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Quote from: tabas on December 31, 2019, 07:30:17 PM

Quote from: Capt00 on December 31, 2019, 06:37:48 PM

Quote from: tabas on December 31, 2019, 06:07:27 PM

It's not a sinking ship but it's no longer a sleeping giant. Let's admit it that we've expected much with ethereum but mostly it became a failure to most. I'm still have my last ethereums on hold and willing to wait until I can see the price becomes acceptable for me to sell.

I'm still optimistic that ETH could show its market dominance among altcoins. Yes, Ethereum is not a sleeping giant anymore but consider it a sinking ship if people will never risk their money for investment. The future of this certain is only in the hands of the investors but of course, the devs have had a big role for this in order to turn back its potentiality.

Just like bitcoin, there are holders that are not willing to sell at any price. The developer that sold and plunged the price back to the current we have is desperate and is probably in need of money. We have no choice but to remain optimistic until we sell it at a satisfying price soon.
The future isn't just with the investors but it's more with the developers and how they'll show the development of it to us.

Developers must be able to show what developments or updates they will make in order to attract investors to invest in it or be able to encourage many people to start buying coins and also for investors if the project is good, they will start investing and hope that it will can provide benefits and hope that the developer can give what is best to develop the project.

g.m.tyshenk

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Bitcoin is king but ETH certainly can make up ground in the future.
Definitely consider continuing to hold ETH.
Most of the decentralized finance dApps and projects, about 90%, are running on the ethereum blockchain. Defi (lending, staking, analytics, tokenization, oracles, DAO, DEXs) is in its infancy but it will continue to grow and increase ETH's prominence. ETH's future looks bright and will give a higher multiple ROI than Bitcoin.
For an excellent review of DeFi and why ETH will be king in the future, see:

https://www.publish0x.com/cryptocurrency-insights/defi-best-class-2020-xyjxjm
(tip the author, he worked hard to compile the info Wink

)

So it is an easy choice, go with ETH = Sleeping giant.

drachman

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Quote from: Kersh768 on January 05, 2020, 11:56:35 AM

I believe that Ethereum is not a sinking ship instead it is just a sleeping giant waiting for its time to rise up once again. It has already proven to us its capacity and capability to out grow its price way back 2017 when at the same time Bitcoin have experienced a price hike along with the other cryptocurrencies that exist within the crypto market. It is just maybe because the market is still down that we are seeing Ethereum's price is slowly falling but surely this 2020, we can see Ethereum as one of the potential Altcoins that will soon to rise up once again. I believe on what Ethereum can be so despite of the downfall, I still keep Ethereum into my list of potential assets in my wallet together with Bitcoin because I do hereby believe that like Bitcoin, Ethereum can also be a gigantic one that is waiting for its time to shine once again.

If it is really a sleeping giant then it needs to wake up soon or when it tries to do so many will not care anymore about it, there are many competitors in the market and especially the binance coin has been doing great during the last years while the developers of ethereum just watch and let someone else become the platform in which most tokens get released, and if this does not change soon ethereum may even lose its position as the second most important coin in the market.

adjed

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I would have said sleeping giant but the recent trend of developers selling off large amounts of Cryptocurrencies has me thinking twice, it's almost as if they have given up in the project, I can understand selling at ATH price although I can't understand why a developer would sell 90000 ETH at current low rates but it happened, and that is not even adding the $100m worth of ETH from plus token, let's just wait and see how it goes.

breathlessz

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Quote from: Kotone on January 04, 2020, 11:24:06 PM

Quote from: X-ray on January 02, 2020, 07:54:09 PM

Quote from: Kupid002 on January 01, 2020, 04:58:41 AM

Not only popular but eth is also in the rank 2 of the top crypto currency thats why there are many people still believe in it .all do the price continue declining after the ATH and never return back. The hope of the investors is still there but the question is if they can hold it and how long if theres another bear market come.

Price decline simply beause there's no demand anymore, a smart contract platform like ETH is to be expected to decline after IEO and ICO is dying. ETH is relying its capitalisation on that after all.even if the upgrade to ETH 2.0 with pos is released it won't do anything because this coin has now considered to have no utilization anymore. that's why more and more people are switching to another alts.

we wait eth eth innovation for hardfork this month, whether successful or delayed again, of course it will provide confidence for investors if eth fulfills its promise, at least a little hope until eth is not a sinking ship. Major changes occurred, after ICO switched to IEO

I dont think you see eth only as a tokenized platform. first of all ethereum is the number 1 dApp and many projects are relying on them. How do you think those projects become known. They all copy the eth smart contract even Binance so how the hell did eth suddenly will lose utilization. To be honest, this migration of eth is a strategy for them to improved their congested and scalability problem. So I think, your contradicting the facts that eth will probably one of the best project this year.

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The point to note here is that during the past few weeks, a number of Ethereum promoters have dumped their coins, using various exchanges. Now ask yourself. Why they are dumping their coins, if they are so confident about the future of ETH? Their behavior is suspicious and I would rate Ethereum as a sinking ship right now. After staying afloat for a while, its exchange rate against BTC has one again fallen to somewhere around BTC0.018 per coin. I expect it to go down even further, during the next few months.

Bossfidelity

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I'm even surprised that the much anticipated ethereum 2.0 project may be shifted to subsequent year. Its quite difficult for me to give my verdict as to the issue of ethereum, but I have always believed that ethereum is a good project that would stand the test of time.

Kersh768

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I believe that Ethereum is not a sinking ship instead it is just a sleeping giant waiting for its time to rise up once again. It has already proven to us its capacity and capability to out grow its price way back 2017 when at the same time Bitcoin have experienced a price hike along with the other cryptocurrencies that exist within the crypto market. It is just maybe because the market is still down that we are seeing Ethereum's price is slowly falling but surely this 2020, we can see Ethereum as one of the potential Altcoins that will soon to rise up once again. I believe on what Ethereum can be so despite of the downfall, I still keep Ethereum into my list of potential assets in my wallet together with Bitcoin because I do hereby believe that like Bitcoin, Ethereum can also be a gigantic one that is waiting for its time to shine once again.

Kotone

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Quote from: X-ray on January 02, 2020, 07:54:09 PM

Quote from: Kupid002 on January 01, 2020, 04:58:41 AM

Not only popular but eth is also in the rank 2 of the top crypto currency thats why there are many people still believe in it .all do the price continue declining after the ATH and never return back. The hope of the investors is still there but the question is if they can hold it and how long if theres another bear market come.

Price decline simply beause there's no demand anymore, a smart contract platform like ETH is to be expected to decline after IEO and ICO is dying. ETH is relying its capitalisation on that after all.even if the upgrade to ETH 2.0 with pos is released it won't do anything because this coin has now considered to have no utilization anymore. that's why more and more people are switching to another alts.

I dont think you see eth only as a tokenized platform. first of all ethereum is the number 1 dApp and many projects are relying on them. How do you think those projects become known. They all copy the eth smart contract even Binance so how the hell did eth suddenly will lose utilization. To be honest, this migration of eth is a strategy for them to improved their congested and scalability problem. So I think, your contradicting the facts that eth will probably one of the best project this year.

drachman

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Quote from: Sithara007 on December 31, 2019, 12:19:56 AM

Quote from: letyouearn on December 27, 2019, 12:49:59 PM

I am not sure about ethereum future... Honestly I doubt that ETH will ever repeat its 2017 success. I would better consider investing in other altcoins and make a portfolio. But BTC will grow first and it's much more stable of course.

ETH went up so much in 2017 because of the hype surrounding the ICOs. That was the single most factor, which enabled the Ethereum investors to receive a ROI of 120x in 2017. But now the ICO bubble has burst and the ETH prices are sliding down to what it was prior to the ICO boom. On top of that, the incompetence and arrogance of the Ethereum developers are not helping the coin either. The development timelines are getting pushed back, and the users are getting frustrated as a result of this.

It seems as if the ETH developers are trying to do too much too fast and that is never a good idea since this always leads to mistakes and since ETH is in such a weak position if someone finds a bug in the updates that ethereum wants to implement that could crash its price, so it is a good idea they are taking their time with the updates since it is difficult to know if ethereum will recover in the case such a mistake was made, but even after the updates I do not see ETH going up as much since as you say the interest in icos has decreased in an immense way.

X-ray

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Quote from: Kupid002 on January 01, 2020, 04:58:41 AM

Not only popular but eth is also in the rank 2 of the top crypto currency thats why there are many people still believe in it .all do the price continue declining after the ATH and never return back. The hope of the investors is still there but the question is if they can hold it and how long if theres another bear market come.

Price decline simply beause there's no demand anymore, a smart contract platform like ETH is to be expected to decline after IEO and ICO is dying. ETH is relying its capitalisation on that after all.even if the upgrade to ETH 2.0 with pos is released it won't do anything because this coin has now considered to have no utilization anymore. that's why more and more people are switching to another alts.

crzy

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Quote from: superving on January 01, 2020, 06:22:51 AM

Quote from: cotton ball on January 01, 2020, 03:07:05 AM

After Vitalik or ethereum owner sell his assets during 2018 make ethereum have lower price and hard get back what fantastic price in 2017 above $1,500, now we need Vitalik to back up his coin by buying back and re invest again with ethereum, without buy back and make new update progress like hard fork very difficult looking for ethereum have higher price again.

thats the game changer on the part of ethereum, vitalik and his co founders just made a huge selling of ethereum. Im thinking now ethereum will drop even more and vitalik will be finding another or will create another project.

They see the future of ETH might be on a drop level but selling their own coin is alarming. The price is dumping, but I think its just the effect of the market condition and let’s see what will happen after the update of ETH. If the updates fail, then they made a good decision to sell while the price is still high because fail updates will result to a bottom price.

tabas

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Quote from: meliodas on December 31, 2019, 09:29:38 PM

Quote from: tabas on December 31, 2019, 07:30:17 PM

Just like bitcoin, there are holders that are not willing to sell at any price. The developer that sold and plunged the price back to the current we have is desperate and is probably in need of money. We have no choice but to remain optimistic until we sell it at a satisfying price soon.
The future isn't just with the investors but it's more with the developers and how they'll show the development of it to us.

That is what matters at the end of the day. We should not care if the developers sold their ethereum at the peak price because maybe that is their way to secure their funding for the further developments. There is still a long road for ethereum to go through and that means there will be more developments as it will evolve into a giant cryptocurrency that could possible replace bitcoin in total market capitalization.

I'm counting on it but I'm not that too positive as before with Ethereum after all of these disappointing news. I really don't feel good with those but it's okay, I still have it and if I'm a bit disappointed this might turn into positive thought as soon as we see the developments going on.
No matter what I feel, I'm still holding this although it's not a sleeping giant anymore but there's a development that's on process which we should lean on.

Mahanton

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Quote from: royalfestus on January 01, 2020, 07:07:50 AM

The highest ROI in cryptocurrency in 2019 was in altcoins, we see that in more altcoins. If anyone invested in these, I believe his opinion will be different with staying only with bitcoin. What is important is right investment and it is not easy, it demands a lot of research. The war with ethereum is baseless, if ethereum turns out well this year, majority of the money will move to bitcoin. asides bitcoin and USDT, Ethereum-bitcoin pair has made more volume they need in other in that space.

Of course we would see in that way considering that they do really differ in value and alts can possibly outperform btc in any angle when it comes to profit multiplier but basing up on having a established price and
community support then theres no doubt on btc. ETH wont anytime sink or goes down as we do consider there were lots of alts that been using up ETH platform thats why its hard to believe on
that this will drop down soon.

royalfestus

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The highest ROI in cryptocurrency in 2019 was in altcoins, we see that in more altcoins. If anyone invested in these, I believe his opinion will be different with staying only with bitcoin. What is important is right investment and it is not easy, it demands a lot of research. The war with ethereum is baseless, if ethereum turns out well this year, majority of the money will move to bitcoin. asides bitcoin and USDT, Ethereum-bitcoin pair has made more volume they need in other in that space.

antsam

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Quote from: deathcode on December 25, 2019, 10:19:27 PM

but not many are serious. even most are junk coins. just look at how easy people make tokens with the ethereum blockchain and they can make their trash tokens with only very little capital. that's why ethereum is widely used as a tool to make junk tokens.
it all depends on how the developer resolves this problem. if you want investor confidence back then there must be something fixed. indirectly the junk tokens make trust in ETH also flawed.

In my opinion, trash tokens are not only found on the Eth platform, but other platforms also have lots of garbage tokens popping up. I think that strengthening regulations is really needed to suppress the emergence of the garbage token project and it cannot be avoided

lobo13hf

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Quote from: cotton ball on January 01, 2020, 03:07:05 AM

After Vitalik or ethereum owner sell his assets during 2018 make ethereum have lower price and hard get back what fantastic price in 2017 above $1,500, now we need Vitalik to back up his coin by buying back and re invest again with ethereum, without buy back and make new update progress like hard fork very difficult looking for ethereum have higher price again.

it's around 2017 and not 2018. When vitalik sold his asset and the price of ethereum touched the peak price and it's not even make the price go to the bottom. I just try to suggest you to see the chart before you can say something about that. Pleas you must understand it better dude.

superving

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Quote from: cotton ball on January 01, 2020, 03:07:05 AM

After Vitalik or ethereum owner sell his assets during 2018 make ethereum have lower price and hard get back what fantastic price in 2017 above $1,500, now we need Vitalik to back up his coin by buying back and re invest again with ethereum, without buy back and make new update progress like hard fork very difficult looking for ethereum have higher price again.

thats the game changer on the part of ethereum, vitalik and his co founders just made a huge selling of ethereum. Im thinking now ethereum will drop even more and vitalik will be finding another or will create another project.

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Quote from: mamesso on January 01, 2020, 03:23:54 AM

Very many investors have high hopes for ETHEREUM, because ETH is considered as one of the most popular ALTCOIN and has very good potential. After reaching the peak of its glory in 2017, until now ETH has not shown any sign of reviving.
Some people still hope ETH is able to change the situation when eth 2.0 is launched, but if that doesn't happen, then Eth will continue to sleep and will even sink further.

Well, the data that you provide is not wrong, starting with the breakthrough in 2017, eth has created a special impression in the minds of many users, most investors always believe it can go further at that moment but the glory was short-lived, a series of bad news came, the market reversed and the effects on eth, ETH was unable to stand back after heavy falls regardless of the new updates. Nowadays, whether it was a sunken ship or saying it was a sleeping giant, every name fits its status, very sad for a miracle generation

Topic: Ethereum: Sinking ship or Sleeping Giant? - page 4. (Read 1694 times)