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Topic: Is Ethereum going to Die? - page 25. (Read 19640 times)

legendary
Activity: 3766
Merit: 1217
February 21, 2021, 08:21:17 AM
The no.2 position of Ethereum is not guaranteed. Bitcoin is more or less guaranteed of the no.1 position, because it is the original cryptocurrency that was invented by Satoshi Nakamoto in 2008. Ethereum came much later, although we can say that it was the first among the second-generation cryptocurrencies. A lot of the Ethereum users are facing difficulty due to sky high transaction fee. The developers have responded to this, saying that once the ETH 2.0 implementation is complete (by 2023), the fee will get back to normal. What sort of response is this? What are the users supposed to do until 2023? If they want to move or cash out their tokens, what are they supposed to do?
hero member
Activity: 1442
Merit: 535
February 20, 2021, 01:44:52 PM
I don't think Ethereum is ever going to die as you mentioned it is the most trusted blockchain for creation of smart contract.The problem most people are facing is the issue of the high gas fees.I don't remember when last I sold any of my tokens because of the the fees.Let's all hope that the fees will get better.


Why do you think so? Gas fees demonstrates only one of bad sides of crypto. Do you want to see other wrong sides? It should be a scalability, selfdefences, high amount of transaction and that parts should be working together.
full member
Activity: 1026
Merit: 110
Need Bounty manager ? Contact @repear71
February 20, 2021, 11:11:27 AM
Ethereum is never will be die. Ethereum is next level of bitcoin. Bitcoin prices will be increased ethereum value also increase. But not receive the Bitcoin price. Ethereum is queen of all coin. It any time to up and down. So check the ethereum price day by day. It any time to hit the price. Wait and check the price in the market place.

Yes, Ethereum is not going to die for high fees. ETH also a good tradeable coin and much popular project already created token in eth platform. Considering all aspects, I think it’s not possible to die ethereum.
hero member
Activity: 1316
Merit: 502
February 20, 2021, 10:50:06 AM
Now that many big institutions, corporations and companies, even millionaires and billionaires are now entering the crypto space, I dont think Ethereum which holds the top rank altcoin in market would die but instead it will definitely patronize and boost up by this big whales that enters the market.
Yes, this market is getting a lot of money and that shows everyone's interest in crypto and with a position next to bitcoin as ethereum, combined with this nearly entire market reach and relationships, ethereum is truly untouchable and unbeatable, unless bitcoin is gone forever and market reforms and bloodshed keep happening, otherwise, Ethereum will grow as it is now. I find it really strange that many people still have the idea of ethereum's death while the time it has existed has been the most perfect answer
legendary
Activity: 2674
Merit: 1226
Livecasino, 20% cashback, no fuss payouts.
February 20, 2021, 07:19:14 AM
Well it's finally here 2000 didn't even realize it until I saw all the headlines flood in. Seems a weird time now to be considering such a question: will it die? But is it going to die? Not for when we see this kinds of price and ETH 2.0 isn't even close to being fulfilled.

Gas fees rising, defi rising. No time for a pause?
sr. member
Activity: 854
Merit: 364
I ❤️Bitcoin
February 20, 2021, 06:06:02 AM
You can check ethereum for yourself. From the first ethereum always been a potential projects. And day by day it's grown very well. Now it is the biggest platform based token available in the market . Plus it has the one of the biggest community and dev base. It has some problems like gas fees , transaction time.but after ethereum 2.0 launch this problems will be shorted. And will grow more and more.
Even most of the members feel Ethereum is very good and doing good but now in crypto competition is going tough and Binance is also improving very significantly just because of this if they want to stay on top they have to do some good work and improve features and surely work on gas fees because too many complaints and competition can hurt this project very badly in near future.
sr. member
Activity: 1063
Merit: 253
Sovryn - Brings DeFi to Bitcoin
February 20, 2021, 05:57:36 AM
I don't think Ethereum is ever going to die as you mentioned it is the most trusted blockchain for creation of smart contract.The problem most people are facing is the issue of the high gas fees.I don't remember when last I sold any of my tokens because of the the fees.Let's all hope that the fees will get better.

Market confidence with ethereum is already strong. I agree with you that ethereum is unlikely to die any time soon. on the contrary, people's trust is getting stronger by looking at the current ethereum price. I myself am optimistic that in the future Ethereum will experience an increase in prices. now people should support the development of ethereum to become the best altcoin. with large users and quite high daily transactions
I think the most obvious indicator of how much Ethereum is used or how frequent the activities within the blockchain is to see the fee itself, the fee right now has reached the height of madness meaning there are so many people making transaction and large portion of them coming from swap services which means people utilizes dapps very frequently that could indicate the platform is still very healthy (not the fee though). It's still centuries away from dying.
member
Activity: 1050
Merit: 10
Martian Swap - Anti Whale Measures New Yield Farmi
February 20, 2021, 01:21:38 AM
You can check ethereum for yourself. From the first ethereum always been a potential projects. And day by day it's grown very well. Now it is the biggest platform based token available in the market . Plus it has the one of the biggest community and dev base. It has some problems like gas fees , transaction time.but after ethereum 2.0 launch this problems will be shorted. And will grow more and more.
full member
Activity: 924
Merit: 100
February 20, 2021, 01:05:13 AM
Ethereum is never will be die. Ethereum is next level of bitcoin. Bitcoin prices will be increased ethereum value also increase. But not receive the Bitcoin price. Ethereum is queen of all coin. It any time to up and down. So check the ethereum price day by day. It any time to hit the price. Wait and check the price in the market place.
sr. member
Activity: 2828
Merit: 357
Eloncoin.org - Mars, here we come!
February 19, 2021, 11:22:54 PM
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.
If that is what you Believe then Best to ask also about the vanishing of Bitcoin because this is much Higher in Fee than Ethreum ?
anyway Look at ETH now
https://coinmarketcap.com/currencies/ethereum/
Finally Made it's way to 2,000$ level and if this the sign of Dying then what about the living coins?
Please don't extend another Issue here because this is EThereum thread and not a DEFI scam topic.
sr. member
Activity: 896
Merit: 250
February 19, 2021, 11:09:03 PM
I don't think Ethereum is ever going to die as you mentioned it is the most trusted blockchain for creation of smart contract.The problem most people are facing is the issue of the high gas fees.I don't remember when last I sold any of my tokens because of the the fees.Let's all hope that the fees will get better.

Market confidence with ethereum is already strong. I agree with you that ethereum is unlikely to die any time soon. on the contrary, people's trust is getting stronger by looking at the current ethereum price. I myself am optimistic that in the future Ethereum will experience an increase in prices. now people should support the development of ethereum to become the best altcoin. with large users and quite high daily transactions
full member
Activity: 1036
Merit: 100
February 19, 2021, 03:35:43 AM
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.

That is something that is not possible with ethereum, in recent weeks it has happened as you mentioned above, but that does not mean that the Ethereum network is not developing but rather dense transactions using the same network (ETHEREUM).
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
sr. member
Activity: 1190
Merit: 305
Pro financial, medical liberty
February 19, 2021, 02:05:25 AM
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.

ETH 2.0 is on the horizon but in the near term, EIP 1559 is suggested and will standardize gas fees by burning gas and setting a low gas fee. That would take a few months to implement if agreed upon. L2 optimism is coming to Uniswap very soon, this could theoretically half the amount of transactions on Ethereum, thereby reducing gas fees at a similar ratio.

You can trade Ethereum and Ethereum tokens like 0xMR and LINK on xDAI chain now with near 0 gas fees. Other L2 and sidechains exists, you just have to look into how to use them and onboard.

Eth2 is operational since dec 1 2020, it is clear some peoples brain not full implemented
Eth2 Genesis block   https://beaconcha.in/block/0  (beacon-chain)

On Feb 12 average fees of some coins
https://bitcointalksearch.org/topic/m.56332093

full member
Activity: 1246
Merit: 103
February 19, 2021, 02:02:14 AM
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.

it seemed impossible. Seeing the development of ethereum so far, which makes it increasingly popular and more attractive to traders, I don't think any network will replace it. slow network or frequent jams does not mean that Ethereum is not growing, but that many members make transactions on the ethereum network. that's why the etherum network has problems
jr. member
Activity: 840
Merit: 6
February 19, 2021, 12:28:17 AM
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.

ETH 2.0 is on the horizon but in the near term, EIP 1559 is suggested and will standardize gas fees by burning gas and setting a low gas fee. That would take a few months to implement if agreed upon. L2 optimism is coming to Uniswap very soon, this could theoretically half the amount of transactions on Ethereum, thereby reducing gas fees at a similar ratio.

You can trade Ethereum and Ethereum tokens like 0xMR and LINK on xDAI chain now with near 0 gas fees. Other L2 and sidechains exists, you just have to look into how to use them and onboard.
member
Activity: 854
Merit: 21
February 18, 2021, 06:06:48 PM
To answer your question in the simplest form no it take them is not going to die it is almost impossible for ethereum to feel at this point because of a couple of reasons and the biggest of which is mass Adoption ethereum is responsible for over 80% of the cryptocurrencies that are currently listed on the coin market cap and if you consider the fact that it is also the second cryptocurrency in terms of market capitalization and also even it has a very robust block chain form building of new project then you know it is almost impossible for ethereum to die on the contrary ever leave Italian will rise to give even more competition to Bitcoin in the near future
jr. member
Activity: 100
Merit: 1
February 18, 2021, 05:31:07 PM
Die, dont so, because with the look of things now, it demand is high now and many new project are living on it blockchain, eth dieing is not coming soon, because it relevant in crypto world cannot be under estimated, and is need is rising day by day
hero member
Activity: 1442
Merit: 535
February 18, 2021, 03:08:24 PM
All coins will be die sometime. I think the Ethereum should to die some time later, but not right now. Maybe several years later, maybe several couple ten years. Perhaps Ethereum will be rise like a Amazon also it is possible.
legendary
Activity: 2198
Merit: 1232
February 18, 2021, 02:42:10 PM
There are rival networks to ethereum now,good competition in the market.There are lots of other technologies which are already in place and challenge the ethereum with ease.Vitalik and its team have a plan against this competition or they need to update eth 2.0 as soon as possible
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