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Topic: Ethereum: Sinking ship or Sleeping Giant? - page 6. (Read 1707 times)

full member
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December 31, 2019, 07:05:23 AM
#90
With upcoming Ethereum 2.0 and possibility of staking I would bet on Ethereum. Still it is a giant with the biggest development team.
But it is hard to predict which blockchain will win the smart-contract fight in the future.
sr. member
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December 31, 2019, 07:02:08 AM
#89
Ethereum rises and like this because of the smart contract factor they create, making the developers always use it and while the boom makes ETH rising as the project is successful in use. But on the other hand, they are the developers using it to be scammers behind the smart contract ETH and investors do not trust them anymore and make eth the more lonely interest. I know Ethereum is still no potential if the ecosystem can be in the Fox and I expect a lot on Ethereum 2.0
hero member
Activity: 952
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December 31, 2019, 12:51:37 AM
#88
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.

I seriously doubt that it's either one of those polar extremities that you present.

It's neither a "sleeping giant" or a "sinking ship" per se. But currently I do think that it is undervalued. Even so, though, you can barely say that it is a sleeping giant if it's already number 2 on the coin market cap list in terms of market capitalization.

I think that 2020 will present better market conditions for ICOs, most of which rely on the ETH platform which will likely drag ETH up with it.
sr. member
Activity: 1092
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December 30, 2019, 11:20:16 PM
#87


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).

First, I think if ETH fail it won't bring a huge chunk of the crypto market because those who are using their platform can easily migrate to another successful blockchain though I also see ETH going strong and not disappearing anytime soon.


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.

What done is done, we cannot do anything about it so do not stress yourself over this matter.  If you are hoping for ETH to recover, you have to believe on their developer.

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.

If another part of you wanted to buy instead of just hodl and wait then I guess you still believe on the ETH developer.  There maybe delay on ETH upgrade but if it is done I guess all your waiting will not be in vain.  Bitcoin also suffers the same fate as ETH, its price goes down and yet to recover to its ATH.
legendary
Activity: 3346
Merit: 1352
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December 30, 2019, 11:19:56 PM
#86
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.
sr. member
Activity: 756
Merit: 252
December 30, 2019, 11:09:59 PM
#85
I always loved Ethereum & still do, i like it more than BTC itself.
Ethereum should be a $1000+ token, but this cryptosphere is just so weird,.
It's the best blockchain with the best Dapps out there, so sad to see it worth like $150 & may be even lower if this bear winter continues.
While the fundamentals of ethereum are amazing that does not really tell you when investors are going to wake up to the fact they have ignored the second best coin of the market for years, but instead of lamenting the situation of ethereum take advantage of it, while most people are going to wait until ethereum is worth 1000 dollars again to invest in it you can do while its price is below 150, even with a conservative prediction you could easily get 3x your money during the next years.
legendary
Activity: 1722
Merit: 1014
December 27, 2019, 11:49:59 AM
#84
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.
hero member
Activity: 1638
Merit: 518
December 27, 2019, 11:46:35 AM
#83
Ethereum is a cryptocurrency. Lol.
Don't depend from what you have seen today but refer to what it gained before and its future. Ethereum is really down right now and anytime it may turn into a shitcoin. However, as long as it is developing and Vitalik accepts coin that will use ERC20 TOKEN, then ethereum will stay alive.

that why we prepare on eth 2.0 , its a progress of developing ETH , and OP ask is eth right now a sinking ship or sleeping giant, its a speculations or a prediction.
full member
Activity: 714
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December 27, 2019, 11:09:48 AM
#82
You have a point dude in this kind of situation for ethereum it need to make faster for ethereum 2.0 or otherwise the price will continue to falling down but I believe on ethereum potential it will surely go back to high price sooner or later but right now Im still waiting for a positive news on ethereum 2.0.
I see that such a monotonous discussion is being held regarding all cryptocurrencies, and not just regarding ethereum.  I do not think that we need to look at the current situation of the price of ethereum from the point of view of bad prospects in the future, because today the general state of the cryptocurrency market does not allow the cryptocurrency to rise up.  We must understand that the ethereum team is working on improving the ethereum and we see the results of their work in improving the technical characteristics of ETH, but full success will depend primarily on the demand for the coin on the market and on the activity of investors who will support ethereum.
full member
Activity: 798
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December 27, 2019, 10:27:21 AM
#81
I don't know about giving up on Ethereum at this point. It was too late when I heard Ethereum was sinking because of a recent hacking. Though it's a bummer that Ethereum is being dump, I'm just waiting for it to finish in order to buy some because I know that Ethereum would one day go pass beyond $150. At least we are yet given another opportunity by the dumpers to invest in some cheap Ethereum again.
The current situation of ethereum is very complex, it will surely not be a shitcoin, but the dark clouds on it make me think we are at risk. In order to save the situation, they should trans ETH 2.0 a little faster or make another innovation. Because this market does not move every coin to second place easily.

You have a point dude in this kind of situation for ethereum it need to make faster for ethereum 2.0 or otherwise the price will continue to falling down but I believe on ethereum potential it will surely go back to high price sooner or later but right now Im still waiting for a positive news on ethereum 2.0.
hero member
Activity: 1358
Merit: 509
December 27, 2019, 10:23:21 AM
#80
I don't know about giving up on Ethereum at this point. It was too late when I heard Ethereum was sinking because of a recent hacking. Though it's a bummer that Ethereum is being dump, I'm just waiting for it to finish in order to buy some because I know that Ethereum would one day go pass beyond $150. At least we are yet given another opportunity by the dumpers to invest in some cheap Ethereum again.
The current situation of ethereum is very complex, it will surely not be a shitcoin, but the dark clouds on it make me think we are at risk. In order to save the situation, they should trans ETH 2.0 a little faster or make another innovation. Because this market does not move every coin to second place easily.
full member
Activity: 1946
Merit: 112
December 27, 2019, 09:14:29 AM
#79
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.

I came to the crypto market in mid-2017 and the first cryptocurrency I met was ETH. Next, I began to participate in cryptocurrency projects and accumulate ERC-20 tokens. I also had to study all the important points related specifically to the Ethereum platform, namely wallets, exchanges, how to determine the network load and choose the right gas. All this gave me the opportunity to get closer to ETH as much as possible and I consider this platform and this cryptocurrency the best for me and I hope that in the future ETH will show the best result.
sr. member
Activity: 1498
Merit: 271
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December 27, 2019, 09:05:52 AM
#78
Ethereum is a cryptocurrency. Lol.
Don't depend from what you have seen today but refer to what it gained before and its future. Ethereum is really down right now and anytime it may turn into a shitcoin. However, as long as it is developing and Vitalik accepts coin that will use ERC20 TOKEN, then ethereum will stay alive.
legendary
Activity: 2674
Merit: 1226
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December 27, 2019, 08:30:35 AM
#77
When viewed from the circumstances that op provided, I conclude that ethereum is just a sleeping giant who is going through a difficult period for several reasons.
Update 2.0 that does not come and the time is unclear could be a scourge for some people to drop the trust of believers.
negative issues will always exist in this crypto world not only in ethereum. What is clear as long as the developer is still there and develop their coins, I think there is hope.
if the ETH 2.0 update isn’t released on time, then again we will see a long drop in Ethereum price... it will be even sadder than last year. if this will happens again there is a chance that we will see Ethereum for $ 30, which will be very dangerous for its existence in this market. I think that Vitalik will do everything that is possible for the deadlines for the implementation of goals were saved

2.0 will be on time, but people seem to think it's right around the corner. It's not. There has to be a lot of time needed and care to ensure critical bugs don't happen. Rush it and you'll end up depreciating the price even more. Delay it, and you'll see something even better happen to it when it finally does get out fully mature and bug free.

$30 ETH? I'll be buying through my nose.
legendary
Activity: 3234
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December 27, 2019, 06:36:59 AM
#76
Ethereum is a sleeping Giant in my opinion, because even after hard times ethereum stands strong serving as the leader to the altcoins. It is the only altcoin that stood high against bitcoin in terms of competence on the dominance. As of now ethereum seems sleeping, because years back itself the price is predicted to grow but scenario isn't supportive. Probably the upcoming year will give good growth for ethereum.
hero member
Activity: 2184
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December 27, 2019, 06:36:23 AM
#75


It would be too late for us to dump what we have today since they have already dumped, once we do it today and the price goes up without dipping a below our selling price it would mean we will be forced to buy back higher price. That is just priceless example of buy high sell low scenario, the last time it went $300 should have been your best opportunity but today I'm not doing it.

those who have a lot of capital will rule the market.
however the price will continue to rise whether it is manipulated or not, because eth use every year will continue to increase.
this is a picture from year to year since eth release.
Rather than rule and i would like to call that as manipulating the market since a big capital means a lot of resources for the whale to do anything to the market. We have seen so many stories about the whales are manipulating the market even create a big dump instantly. that is the worst case that can happen with ethereum. But when so many pressures have come and that will not help the price.
sr. member
Activity: 1400
Merit: 259
December 27, 2019, 06:24:04 AM
#74
Sleeping Giant on my own opinion.

You are using PlusToken as an example of the drift in price of Ethereum.
Okay, let us say that really happened.
But how much was just lost in the price of Ethereum? $10? That low? For how much $200M?
By that, we could say that its strength is still there.
hero member
Activity: 2632
Merit: 787
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December 27, 2019, 06:00:13 AM
#73
Who told you that the ship for ETH is sinking do you see the rankings down? it's still placed on top of the alt's chain so I conclude that there's still a potential for another ATH to reach up. Maybe you are just frustrated for the current situation and if you see the whole things all of the alt's suffer from the dump and the good thing there is you can buy them at the cheapest rate.
hero member
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December 27, 2019, 05:37:03 AM
#72
Sleeping giant... why would you think it's sinking, crypto is not a traditional type of investment, it's very unpredictable here, what we think that its sinking because we based in other kind of investment is wrong.

Man calm down, just also look at the past performance of ETH so you'll realize how strong this asset is.

Do you think investors will just let go and leave crypto, no.. they will stay here because they believe on the future potential of ETH that will help to be a too for massive adoption.
sr. member
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December 27, 2019, 05:00:08 AM
#71
I still believe with ethereum can pump again we just need to be patient and wait again. at this time the ethereum value has decreased dramatically but that does not mean ethereum will sink and end. ethereum is currently in second place as the top coin and the developers are also still active and plan to release ethereum version 2.0 so in my opinion there is still a chance for ethereum to reach the highest price again.
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