Topic: Is Ethereum going to Die? - page 41. (Read 19640 times)
Impossible, Ethereum is close to 500$ and the transaction fee is still around 56 gwei presently, the fact is if Ethereum gas surge up many will still keep using the blockchain, this happened in 2017-2018 and Ethereum don't die because of this
If you are really a long-term supporter of ethereum then you must already know that ethereum will never going to die because as long as there are people who is holding and entrusting their money to the altcoins then it will not be going to die, and another thing is that ethereum is 2nd to the large coin in the market so who will think that this will probably going to die? Even it takes months or several years I don't think it will going to die. To be honest how it will going to die if they will launch an Ethereum version 2.0 meaning they will not launch another ethereum if the first ethereum is having a problem.
Well, maybe he is just tired of waiting for ethereum prices which are not progressing as fast as in 2017. However, so far, we are all waiting for ethereum 2.0 developments to launch. it will change the current conditions for the better for ethereum. what I think is, so many negative thoughts arise when we hold down ethereum, even more so when we see the prices of other coins growing quite fast.Actually this only requires patience regarding the Ethereum price even though the growth is not as fast as in 2017 then at least there is a slow Ethereum price movement, no need to wait for the 2.0 update, the Ethereum price has shown an increase which at least doesn't surprise you with the fantastic price increase, we won't know in the future for the price of coins / tokens, which will move simultaneously and not randomly, at least it has shown price stability in all global markets ...
Because of transaction fee? How is that possible? If you can't cope with the gas fee you should quit but I can assure you that there are many Ethereum lovers in crypto space that won't mind the high gas fee at all and moreover if this is true why haven't Ethereum died in 2017 when gas fee reach over 20$ per transaction?
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.
You are too impatient that's why you see things around Ethereum this way, the next POS upgrade will fix the transaction fee issue and presently it's not that bad, you can still make transactions from 32 gwei up and that's just 0.32$, few Eth competitors have been around for years and they can't overthrown Ethereum
If you look at the market and its behavior in last few years, you would see that the Ethereum is not something which is going to die sooner. Whenever the BTC goes sky high, you may feel that the ETH is lagging behind but as soon as the BTC starts to fall, the demand on ETH will be increased rapidly. Hence, the price of ETH will go high.
Why the complains about ethereum transaction fee? Presently to make transaction on ethereum blockchain you will only spend 60gwei for instant send out and ethereum price is still over 400$, how is this way too much to handle ? That's just 0.60$ per transaction and it's even lower if you want to use normal speed which is 32gwei..
If you are really a long-term supporter of ethereum then you must already know that ethereum will never going to die because as long as there are people who is holding and entrusting their money to the altcoins then it will not be going to die, and another thing is that ethereum is 2nd to the large coin in the market so who will think that this will probably going to die? Even it takes months or several years I don't think it will going to die. To be honest how it will going to die if they will launch an Ethereum version 2.0 meaning they will not launch another ethereum if the first ethereum is having a problem.
Well, maybe he is just tired of waiting for ethereum prices which are not progressing as fast as in 2017. However, so far, we are all waiting for ethereum 2.0 developments to launch. it will change the current conditions for the better for ethereum. what I think is, so many negative thoughts arise when we hold down ethereum, even more so when we see the prices of other coins growing quite fast. 
If you are really a long-term supporter of ethereum then you must already know that ethereum will never going to die because as long as there are people who is holding and entrusting their money to the altcoins then it will not be going to die, and another thing is that ethereum is 2nd to the large coin in the market so who will think that this will probably going to die? Even it takes months or several years I don't think it will going to die. To be honest how it will going to die if they will launch an Ethereum version 2.0 meaning they will not launch another ethereum if the first ethereum is having a problem.
With all respect for your thoughts, The major problem with Ethereum is scalability. this means it can only process 5 transactions/seconds which is the major cause of huge gas fee. Hope Ethereum 2.0 will solve this issue but nobody knows when it will be launched.
The second problem with Ethereum is activities connected with money raising that every company is trying to do. It can have very negative consequences. These activities can lead to huge liquidation of Ethereum that was raised and just left on the market. This way price of Ethereum can crash. Ethereum also has no fixed supply it means whenever a new coin is put in circulation the value of Ethereum will lower. Ethereum will remain inflationary.
If you are really a long-term supporter of ethereum then you must already know that ethereum will never going to die because as long as there are people who is holding and entrusting their money to the altcoins then it will not be going to die, and another thing is that ethereum is 2nd to the large coin in the market so who will think that this will probably going to die? Even it takes months or several years I don't think it will going to die. To be honest how it will going to die if they will launch an Ethereum version 2.0 meaning they will not launch another ethereum if the first ethereum is having a problem.
Until there are developers working to improve the ethereum blockchain and there are new projects coming in and creating new tokens, ethereum will stay and people will continue to support the ethereum blockchain. There are new blockchains popping up and they said "hey this is better than ethereum" but still people always trust crypto coins that has been around in this industry for a long time like bitcoin and ethereum.
Personally I think eth has not gotten the value it deserves but that does not mean eth is going to die. Most projects are built on the Ethereum Blockchain and it's an indication that if ethereum dies they die of and that's the last thing crossing my mind now
it is true that binance and Polkadot have made something better for ethereum eth 2.0 developers are still running today to improve their blockchain the competitors have prepared everything for investors to switch to a better blockchain to make investors more interested and now that has happened binance has made a breakthrough in their smart contact to increase coin trading on exchange bep20.
Ethereum is not going to die now unless they mess up the Ethereum 2.0 launch, there is increasing demand from Ethereum to scale and I believe time will come that there would be an exodus of developers away from Ethereum to other promising chain if they failed to come up a good scaling solution
The 2.0 version will be a big deal and it will be the parameters if Ethereum will remain the top coin in the market, after the launching of version 2.0 I don't think people are going to ask about Ethereum's weakness anymore, this will stabilize everything including the FUDS, that keeps posting about who will and can replace Ethereum.
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.
in the past a lot of project claimed as ethereum killers, but until now ethereum still stand as the best altcoins in the market right
and now you ask "is ethereum going to die ?" i believe all people will give "NO" as the answer mate, ethereum will not die
Well said. The difficulties Ethereum network is facing since many month will not die down so soon and projects will migrate to other networks like Polka Dot. It is a young project that officially migrated to Main net in July. Since then it has attracted numerous investors and has reached Rank # 8.
The Business news magazine Bloomberg has chosen Polka dot as new competitor of Ethereum. Its current price is only 10% of Ethereum but potentially it can grow many folds.
Currently, 253 projects are based on Polka dot such as stable coins to social networks. According to the Polka Project tracker, this number was less than 200 at the beginning of September, so a sharp increase has been seen in just a few weeks. According to some industry experts, developers activity can be considered a powerful metric that reflects the true value of a project.
yes you're right, Polkadot is the main contender. but even so ethereum doesn't die. Right now Ethereum is too strong to lose. just look at they still rank 2nd in market cap. but that doesn't mean Polkadot doesn't have a chance in this competition. as you said in just a few weeks since they launched their mainnet they were flying high and gaining a lot of new users. this is a serious threat to ethereum in the future.
I totally subscribe to your views and strongly believe that in a competitive environment only the fittest survives. The projects with strong Marketing and Technical teams and Visionary management, will certainly perform better, either it is Ethereum or Polka dot. Crypto currencies Market is full of surprises, we cant not correctly predict what tomorrow brings for us, only the time answers our all questions.
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.
in the past a lot of project claimed as ethereum killers, but until now ethereum still stand as the best altcoins in the market right
and now you ask "is ethereum going to die ?" i believe all people will give "NO" as the answer mate, ethereum will not die
Well said. The difficulties Ethereum network is facing since many month will not die down so soon and projects will migrate to other networks like Polka Dot. It is a young project that officially migrated to Main net in July. Since then it has attracted numerous investors and has reached Rank # 8.
The Business news magazine Bloomberg has chosen Polka dot as new competitor of Ethereum. Its current price is only 10% of Ethereum but potentially it can grow many folds.
Currently, 253 projects are based on Polka dot such as stable coins to social networks. According to the Polka Project tracker, this number was less than 200 at the beginning of September, so a sharp increase has been seen in just a few weeks. According to some industry experts, developers activity can be considered a powerful metric that reflects the true value of a project.
yes you're right, Polkadot is the main contender. but even so ethereum doesn't die. Right now Ethereum is too strong to lose. just look at they still rank 2nd in market cap. but that doesn't mean Polkadot doesn't have a chance in this competition. as you said in just a few weeks since they launched their mainnet they were flying high and gaining a lot of new users. this is a serious threat to ethereum in the future.
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.
in the past a lot of project claimed as ethereum killers, but until now ethereum still stand as the best altcoins in the market right
and now you ask "is ethereum going to die ?" i believe all people will give "NO" as the answer mate, ethereum will not die
Well said. The difficulties Ethereum network is facing since many month will not die down so soon and projects will migrate to other networks like Polka Dot. It is a young project that officially migrated to Main net in July. Since then it has attracted numerous investors and has reached Rank # 8.
The Business news magazine Bloomberg has chosen Polka dot as new competitor of Ethereum. Its current price is only 10% of Ethereum but potentially it can grow many folds.
Currently, 253 projects are based on Polka dot such as stable coins to social networks. According to the Polka Project tracker, this number was less than 200 at the beginning of September, so a sharp increase has been seen in just a few weeks. According to some industry experts, developers activity can be considered a powerful metric that reflects the true value of a project.
When I saw the title of the thread, I knew this thread is from a newbie. A high gas fee doesn't mean people will leave it and make the project die, Yes there are a lot of coins provide a cheap transaction fee, but it's cant to beat the popularity of Ethereum. I'm sure that Ethereum teams will come up with a solution for such a transaction fees
We always said etherium going die in a months or a year but until now etherium are still kicking and rise the price that we dont expected. But about the transaction fees Ill think we cannot do that if the etherium has a high fee and even do bitcoin they have a same situation they increase the transction fee and maybe because of these happening right now that bitcoin are in high price so that's they increase the transaction also.
So many altcoins right now are trying to replace etherium to be a number two spot so thats why they are also trying find ways and make some move to surpass on it.
So many altcoins right now are trying to replace etherium to be a number two spot so thats why they are also trying find ways and make some move to surpass on it.
It is the second most dominant coin in the market with a dominance of ETH 10.5% those who people thinks that will replace do not have this kind of dominance, I don't see the volume and the price going down, every coin/token have issues on scalability, but the team is fixing this and their new version will likely fix this.
yeah, maybe the OP late to buy ethereum, and now he think if the price already too high
so, he write this thread
for the OP this is not too late to buy ethereum, because ethereum price will create new ATH in the future
It is the second most dominant coin in the market with a dominance of ETH 10.5% those who people thinks that will replace do not have this kind of dominance, I don't see the volume and the price going down, every coin/token have issues on scalability, but the team is fixing this and their new version will likely fix this.
Jump to: