Topic: Is Ethereum going to Die? - page 12. (Read 19640 times)
if ethereum die, i could not imagine what will happen to altcoin now. as main platform that used by most of project , ethereum be leader in altcoin market. so this is the leading indicator for us. if eth price drop sharply , altcoin under erc 20 will die immediately. this is hard to happen, ethereum talk by many institution to set as their platform for digital currency.
Nono let's not wait for the fork. Ethereum is going to die and OP is well advised to sell everything he has right now. Don't lose any more time from here, get out and that's it.
It is like asking is the wheel going to die? No, but the wheel also needed time to change. It was such a vital and established tool that it had all chances in the world to survive, and it did. It just improved over time and nobody threw the wheel out of the toolbox even if they were of bad quality in the old days. Wait for technological advancement and I think we will be fine.
The parable is extraordinary, because logically if Ethereum can really die, then there will be some chaos that will arise in the crypto space, and among some of that chaos is a project that always uses the Ethereum platform alone without using another platform, this will be very It's a mess in my opinion and the Altcoin assets that are in the Ethereum wallet will also be useless.It is like asking is the wheel going to die? No, but the wheel also needed time to change. It was such a vital and established tool that it had all chances in the world to survive, and it did. It just improved over time and nobody threw the wheel out of the toolbox even if they were of bad quality in the old days. Wait for technological advancement and I think we will be fine.
Ethereum will always exist, there have been many ecosystems born from this platform,
and of course Ethereum has become the best public blockchain out of all, death is not for Ethereum but projects that don't exist development
The issue of outrageous fee experienced few months ago on ethereum network was a temporary thing. As I type the fee on ethereum network have dropped dramatically. The uniswap fee that was like $400 at the peak of ethereum ATH is now $15 and I believe it will stiil fall even more! As for the future of ethereum, nobody knows what is going to happen say 10 years time!
Good enough for more investors and developers to continue using this chain, the transaction is now fair and for those who
got stuck they can now start moving their assets again and enjoy ETH system.
There are still lots of people who believe that this chain will continue to develop and they'll see the adjustments that they've needed
and now it's doing it and for sure we will see more transactions to be process using ETH chain.
I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
I think so too, support Ethereum long term, but the slow bottleneck value is a risk, no problem for me
The issue of outrageous fee experienced few months ago on ethereum network was a temporary thing. As I type the fee on ethereum network have dropped dramatically. The uniswap fee that was like $400 at the peak of ethereum ATH is now $15 and I believe it will stiil fall even more! As for the future of ethereum, nobody knows what is going to happen say 10 years time!
Yes, it's obviously only temporary, but some people don't realize that it's only for a while, some even think it's forever, so what appears on Ethereum at this time is the answer that Ethereum is serious to fix himself from the problem.Well if you are going to ask me $15 is still not a good fee for me. $15 is like rich kids transaction and if I only have $50 worth of ETH and I will have to pay $15 worth of fees to put money from one wallet to another wallet where I will buy the desired token of my choice and now I am unable to do that because I have very little. Many of my colleagues who like to invest on start up coins cannot do investing on Ethereum because they only invest low and the fees prevent them from doing it.
The issue of outrageous fee experienced few months ago on ethereum network was a temporary thing. As I type the fee on ethereum network have dropped dramatically. The uniswap fee that was like $400 at the peak of ethereum ATH is now $15 and I believe it will stiil fall even more! As for the future of ethereum, nobody knows what is going to happen say 10 years time!
Here is the thing, maybe I am wrong but I have checked and checked and maybe I might be right this time. I mean in my opinion, Ethereum might now be showing some of its potential, revealing something that might help propel the coin to greater heights. I can definitely say with confidence that this coin, our Ethereum has maintained its popularity despite the showing up of would be competitors and also survived bad mouthing from many other developers and supporters of other coins.
I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
I see that in recent days, the transaction fees on the ethereum network are quite low, in the range of 20 Gwei. For example, now the CoinMarketCap table shows that it is 18 Gwei. This is also noted by many users of this network. However, this seems to have more to do with the general fall in prices in the market.To make things clearer, we'd better wait for the London hard fork in July. After that, transaction fees are expected to return to normal for a long time. There is not much time left.
Nono let's not wait for the fork. Ethereum is going to die and OP is well advised to sell everything he has right now. Don't lose any more time from here, get out and that's it.
It is like asking is the wheel going to die? No, but the wheel also needed time to change. It was such a vital and established tool that it had all chances in the world to survive, and it did. It just improved over time and nobody threw the wheel out of the toolbox even if they were of bad quality in the old days. Wait for technological advancement and I think we will be fine.
I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
For sure ethereum is not going to die, although the price is decreasing right now. But i think ethereum will be able to recover and start to keep its position as a second rank in crypto. I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
Everyone wants the best. Likewise with the Ethereum blockchain. I think the transaction fees were high at the time due to the large number of swap platforms draining the Ethereum network. We can see that the cost of transferring to the swap platform is very high. But now it's back to normal.
After a month I test sending my Eth and my altcoins on the Ethereum chain and it's cheaper now compared to a month ago, you just find the right time to send, there's a time that the fee is quite high and there's a time it's lower I sent mine at $1.50, there was a time the transaction go as high as $20.
I missed the time where I can send for only a few cents, I guess it will take some time before we can go back to a few cents of transactions.
I missed the time where I can send for only a few cents, I guess it will take some time before we can go back to a few cents of transactions.
Congestion here and there, yea it's bad and I get it but one thing you aren't getting is even Polkadot and other eth wannabes can become a victim of congestions too, when there are many users on Polkadot or other congestion can happen too.
I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
I see that in recent days, the transaction fees on the ethereum network are quite low, in the range of 20 Gwei. For example, now the CoinMarketCap table shows that it is 18 Gwei. This is also noted by many users of this network. However, this seems to have more to do with the general fall in prices in the market.To make things clearer, we'd better wait for the London hard fork in July. After that, transaction fees are expected to return to normal for a long time. There is not much time left.
Ethereum now has a low gas fee and I think many people are still supporting this digital currency. And even it has a higher gas fee, many people still using it because lot of digital coins is under Ethereum blockchain. So, why you always think that Ethereum will going to die? People are using other blockchain like Binance smart chain as an alternative for Ethereum high transaction gas fee but if it will lower again, Ethereum will regain confidence from the people.
Yes, I personally happily gave it up .... If I work in cryptocurrency, I lose money every day .... It's nice to work with BSC ... The price doesn't bite that much ... chains. Because there is no one who doesn’t want to fill up the frantic gas prices.
--- And yes, the project that you are leading ... I don't think it's too good ... Because in 3 years its price has not moved)
Ethereum now has a low gas fee and I think many people are still supporting this digital currency. And even it has a higher gas fee, many people still using it because lot of digital coins is under Ethereum blockchain. So, why you always think that Ethereum will going to die? People are using other blockchain like Binance smart chain as an alternative for Ethereum high transaction gas fee but if it will lower again, Ethereum will regain confidence from the people.
I think Ethereum will die if transaction costs get higher and higher. We have now seen new projects and projects on Ethereum have migrated to BSC for development because of better transaction costs. Pancakeswap itself also has a higher trading volume and TVL than Uniswap.
I don't think Ethereum will die for now as transaction costs have dropped significantly and next August they will release an ETH 2.0 upgrade.
I also believe that ethereum will not die that easily and until now there are still many enthusiasts,I don't think Ethereum will die for now as transaction costs have dropped significantly and next August they will release an ETH 2.0 upgrade.
many people are looking forward to ethereum 2.0 and it looks like if it is officially released it will make ethereum prices go up,
we'll see in August and hopefully everything goes well
Many people are participating in DEFI on Ethereum so it can be said that the scarcity of supply creates value for this project.
ETH 2.0 will make ETH even more scarce along with DEFI.
August whether the network upgrade happens successfully or not, ETH will still exist because it is supported by miners if it fails.
Ethereum has had a tough time but has regained confidence and is very strong now. But there are expectations about it, new updates are a must before this year ends. Vitalik Buterin is definitely a genius and in his footsteps Ethereum will always live on.
I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
but ethereum understands that high costs will make a lot of new projects will switch to look for other cheaper platforms, obviously ethereum knows that's why they are trying to improve but it may not be easy because big traffic obviously requires big funds too. according to information in july with a new method ethereum will try to make improvements, because without any improvement it is clear that many platforms will take over although later they will also experience the same thing with ethereum.Everyone wants the best. Likewise with the Ethereum blockchain. I think the transaction fees were high at the time due to the large number of swap platforms draining the Ethereum network. We can see that the cost of transferring to the swap platform is very high. But now it's back to normal.
Yes, at first people do hope that with swaps it will be cheaper and the convenience that happens but we know that with swaps the costs are not cheaper or even higher. now everyone knows and many do not want to use swap even though it is more practical. actually if etheredelta and forkdelta are still running then swap will not develop properly.
I think many crypto community make invested in ETH not only based on ETH is the first smart contract blockchain. But investor look in to ETH and believe this project have other purpose. This coin move from POW to POS , and this is one great step to be more green crypto. ETH is long development and created on 2015, so I believe ETH 2.0 will release soon, and on this date the problem of high fee and network congestion is solved.
I am a long term supporter of Ethereum and know that it is the most trusted network to create smart contracts but the kind of Huge fees for withdrawal and swapping of tokens, we have to nowadays due to slow network or congestion , is going to make it unpopular coin in coming months and other networks like, Binance, EOS, Polka Dot may take its place . The issue with Ethereum is that its developers are trying to scale running Blockchain which is like repairing a car while driving.
Everyone wants the best. Likewise with the Ethereum blockchain. I think the transaction fees were high at the time due to the large number of swap platforms draining the Ethereum network. We can see that the cost of transferring to the swap platform is very high. But now it's back to normal.
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