Topic: Is Ethereum getting old? (Read 886 times)

As long as there are still projects backing Ethereum, there should be nothing to worry about. Development has been quite strong over the past months, despite a steep decline in interest among everyday people. Sooner or later, the Ethereum blockchain will scale towards millions of TPS becoming extremely versatile for smart contracts. While other platforms are ahead than ETH in terms of scalability, they're still lacking security and reliability. That's something important to consider, since it's not about speed or efficiency but rather long-term sustainability. I guess that's the reason why ETH is still the second-largest cryptocurrency by market cap.

Ethereum may be getting old in the short term, but demand will rise again with the upcoming developments of the platform. ICOs are over these days, but the world's most popular smart contract platform could prove to become the home of IEOs and STOs. With a proper regulatory framework for digital securities (especially within the US SEC), ETH could gain traction among institutional investors worldwide. But we have to be patient in order to obtain good results with ETH. Just my thoughts

The emergence of new coins in the cryptocurrency market is always a good sign.
This means that the market is in motion and it lives.
Ethereum is a legend among altcoins, so a large number of people trust it.
I think the belief in Ethereum will only become stronger with time.

Ethereum network utilization is around 90%, a large part of that is Tether. So it's not from lack of use that the price is not keeping up.

Major projects still prefer ETH. At least those who are interested in the reliability and safety of their project, and not only in short-term investments. So I think everything with ETH should be fine.

Ethereum is really the coin that exists on the cryptocurrency market for a very long time.
I will not say that Ethereum is aging, it is becoming stronger and more reliable.
There is nothing better than a coin that is tested by the conditions of market volatility.

We'll see. After all, Ethereum's been delaying it's PoS upgrade for quite some time. The only way that Ethereum will reach new ATHs in price, would be if such upgrade takes effect into the Blockchain. Other than that, people's interest into Ethereum will decline. Ethereum's upsurge in popularity and price was largely attributed to the rise of ICOs. Now that ICOs are a thing of the past, Ethereum is starting to become old. We already have various scalable smart contract platforms (TRON, EOS, ADA and others) which are far superior than Ethereum itself. At any time, mainstream startups and companies could decide to use these Blockchains on top of ETH because of the many benefits they provide.

Which is why, I believe that Ethereum's Casper PoS and Sharding upgrade is a must in order to gain traction within the mainstream world. After that, hype will rise in the same way as 2017. In effect, Ethereum's demand will reach new heights where there will be FOMO across the crypto market.

Nonetheless, Ethereum may be getting old but it could survive if its competitors lack mainstream adoption. The first-mover advantage of ETH might prevent any other cryptocurrency from taking its place in market cap. We'll just have to wait and see what the outcome will be for ETH within a couple of years from now. Just my opinion

ETH has been showing a bit of decline. But have a look at BTC, it has faced rough years and rough days but still managed to hold onto that number 1 spot as crypto king. These market movements are something that doesn’t last, and these kinds of movements happen more often than not.

In my opinion, the most valid reason why the value of ethereum has been unable to increase substantially over the years, like bitcoin is because of the infinite supply of the tokens. Bitcoin has a maximum supply of 21 million and even till date less than 18 million is in supply and that's why the price could skyrocket effortlessly.

I expect that at the end of this year or at the beginning of 2020 we will see a new Ethereum and the price for a coin will be more than 400 dollars.

Exactly. Nowadays, there are various smart contract platforms with greater scalability than Ethereum, which greatly threatens its very existence. The Ethereum development team needs to act fast, if they want the platform to succeed and retain its rightful place in the market. Mainstream businesses, corporations, and merchants are already recognizing the benefits of alternative platforms like TRON and EOS. Such platforms deliver massive transaction capacity without charging fees at all. This will look quite attractive for developers looking to create tokens for ICOs, gaming, and other purposes. If Ethereum takes too long to scale its Blockchain network, then I'm afraid that the previously mentioned platforms will take the lead in the dApps market.

Despite this, there's still hope that Ethereum will remain as the world's second largest cryptocurrency by market cap. With a dedicated development team and supportive community, it could continue to rise at an unprecedented rate. Still, scalability is a must for the Ethereum blockchain to survive within the mainstream world. Once that's solved, then ETH will rise again towards its former glory.

Nonetheless, many people are still waiting for Casper PoS to become a reality within the Ethereum blockchain. It might be old nowadays, in the sense that the hype and excitement for the cryptocurrency is over, but it could gain traction once more with new upgrades. Hopefully by 2020, we'd get to see a new version of Ethereum with a fully functional PoS consensus algorithm that would take the world of smart contracts by storm. Just my thoughts

Ethereum seems to be losing its supporters lately. The coin has failed to do well lately as compared to bitcoin. But this along does mean that Ethereum has fallen behind. It is facing many ups and downs as Bitcoin did in the past. Obviously the coin will regain its position and glory again.

Agree, until now, the value of ethereum transactions at various exchangers is still large and there are still many tokens that use ethereum networks. I think ethereum will still last a long time because the developer team continues to develop the technology.

We could determine if Ethereum is becoming useless or old if the demand of the platform is really fading but until now still it was the most commonly used platform in the crypto space despite of bearish market trend therefore it  clearly shows that Ethereum is still the most in demand smart contract platform as it was already tested and trusted by most of the crypto users in the community.

Ethereum is not old nor it will be ever. As, you know this is the infant stage of the cryptocurrency market. If the market legally accepted in every economy they think what will be the demand for the BTC, ETH, Ripple and that other giant. So, never mis-understand about the Ethereum future because this coin has remain many potential for the future growth of all other token as the token are created on this platform.

We just wait for Ethereum team to make the latest innovations to improve features that are more sophisticated than ever because I believe the season of Ethereum will still continue to be largest Altcoin than other.

Do not despair. Will still be changing. According to the general law of development, Bitcoin will not be able to maintain a high level of capitalization for a long time. The best altcoins in the future will constantly take it away. The future of Ethereum depends on the improvements that are being prepared for it next year. This coin is still able to rise to the proper level.

I think Eth itself cannot be valued outside of the crypto currency sphere.
Eth is old , yes but whether it continues to be used and thrives all depends on the collective perception of the public of all crypto, ie Bitcoin etc. If people think are crypto are more hassle than they're worth , Eth (along with all others will become irrelevant). If by some chance, the mainstream media start singing the praises of any crypto and the sheep-like public start buying , then ETH's value will rise up

Sarah

Although Ethereum is not performing much as compared to the year 2017, the long bear market of 2018 affected the market and most ICOs failed to reach their set targets. This reduced the patronage of Ethereum because most ICOs preferred ETH as it was referred to as the ''King of ICO''. Now, the has been a paradigm shift where projects prefer IEO.
However, Ethereum is still alive and making recovering looking at the its price movement from the beginning of Q3 2019.

indeed, ethereum is still a favorite altcoin for investment. many projects currently make their own wallets, but we know ethereum is still dominant. I think what holds on is that investor confidence in ethereum is still high, so the potential for altcoin is still good, and I still hold it to date from the price of $ 85. and hopefully my analysis is correct

That was true ethereum is an old altcoin, so many competitor on smart contract thats so far it has become a mainstay of the platform, and this year not altcoin year, bitcoin still dominating above 60 percent on market and its not good for old altcoin like ethereum, ripple, stellar etc