Is this the decline of Ethereum? | Bitcointalksearch.org

Abeleez

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Quote from: 0xCoin on June 07, 2018, 02:45:26 PM

Are we about to witness the decline of Ethereum?

I read the other day something like 80 percent of
all available ethereum is owner by a very, very small
percentage.

And with EOS & Tron and NEO creating alternatives,
I think Ethereum will steadily drop to a $150-250 range.

I am not saying Ethereum is a lesser technology.
I'm saying that when people have an alternative, some
will change. And, I mean, we know Vitalik Buterin is a
very very talented individual. And Ethereum has been very
important for the little time is has been around. But
as a trader, I get tired of ico's dumping huge amounts
of ethereum whenever they feel like it.

what do you think?

I don't think it does in any way signal the decline of Ethereum although it's true that in recent weeks it has been on a steady decline but then it's not the only crypto experiencing that. Bitcoins too has not had it easy particularly after the ETF debacle. Right now it's trading at the 6k threshold and that's well below expectations but that's not to say all hope is lost. The market is definitely set for a rebound.

baienpee

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Yes, I agree with you. Although many people are very supportive of Ethereum, I think Ethereum is now being abused. Moreover, some people have been crazy about trading Ethereum to make Ethereum congested. Now there is no better coin to replace Ethereum.

Simple_Plan

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From the above image, I don't see any light of ETH yet. Along with the fall of bitcoin, ICOs trend dooms. That's why ETH can't maintain its value. There are some rumors that ETH will move to PoS. If this comes true, ETH will plunge to hell since there's no more pump for selling miners. EOS or NEO is not the reason. Those coins have no decent value yet.

Ayiranorea

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Leading Crypto Sports Betting & Casino Platform

This has been the period of entire price decline of the crypto assets. There is nothing specific to stay without any kind of price drop. Some has got some stability due to the increased market circulation, which too seems fluctuating at specific time interval. This can be considered to be the best time for buy as the price is found to be the all time low.

saganpav

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SPOKKZ

I think that Ethereum still has no equal competitors among altcoins, so it's too early to forget about it. In addition, he often fell in price, and then returned and beat his records.

Kolder

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Quote from: liuqi on July 20, 2018, 08:42:48 AM

Quote from: royalcrypt on July 08, 2018, 12:00:39 AM

Ethereum is a great choice for most ICOs but problem is whenever any ICO finishes, ETH get dumped hard and that is a big reason for low price.

I think you wrongly understand the Ethereum smart contract. If any new projects are comes in the market they need promotion and reputation but project owner is willing to invest in bounty campaign then only it will reach good move. I saw many projects are create the phase 1 once it will reach soft cap they will stop but right now many projects are create the phase 2 also so ICO investors are slowly reduced in the market. It is the main reason to dump in the market but future we will good results in all projects.

Some investors were already sick to the scenario of being a scam or waiting too long, they might find other ways to earn more through other activities since BTC was not yet in a good position due to some news, and other cryptocurrencies were affected by it like ETH.

shaadsufi

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If you are talking about the current condition of the market then you are wrong to say that this is the decline of Ethereum , it is just an extended correction phase there is explanation that without any reason the Ethereum market capillarity would fall to zero

South Park

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Quote from: 0xCoin on June 07, 2018, 02:45:26 PM

Are we about to witness the decline of Ethereum?

I read the other day something like 80 percent of
all available ethereum is owner by a very, very small
percentage.

And with EOS & Tron and NEO creating alternatives,
I think Ethereum will steadily drop to a $150-250 range.

I am not saying Ethereum is a lesser technology.
I'm saying that when people have an alternative, some
will change. And, I mean, we know Vitalik Buterin is a
very very talented individual. And Ethereum has been very
important for the little time is has been around. But
as a trader, I get tired of ico's dumping huge amounts
of ethereum whenever they feel like it.

what do you think?

The situation about the distribution of ethereum has not been an issue despite this being public knowledge for a very long time, what has really changed is the amount of competitors of ethereum, we know that bitcoin can survive and thrive despite the huge competition what we do not know is if ethereum can resist the competition and that will be something really interesting to see.

liuqi

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Quote from: royalcrypt on July 08, 2018, 12:00:39 AM

Ethereum is a great choice for most ICOs but problem is whenever any ICO finishes, ETH get dumped hard and that is a big reason for low price.

I think you wrongly understand the Ethereum smart contract. If any new projects are comes in the market they need promotion and reputation but project owner is willing to invest in bounty campaign then only it will reach good move. I saw many projects are create the phase 1 once it will reach soft cap they will stop but right now many projects are create the phase 2 also so ICO investors are slowly reduced in the market. It is the main reason to dump in the market but future we will good results in all projects.

chenhaonan

member

Activity: 434

Merit: 10

I also think that with the rapid development of EOS and NEO, the status of Ethereum is likely to be affected, because the 3.0 blockchain is really powerful! But this takes time too much, and in the future they may replace Ethereum, but not now!

divowok

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Activity: 196

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Ethereum is a fantastic investment to have made IMO, it very clearly has one of the best and highest use cases in cryptocurrency right now. it has given many companies the opportunity to create their own tokens. ETH will always be necessary, unless another blockchain comes around and beats it out. For now eth is the gateway into most every ICO, some great ones like these are worth looking at if you have some extra eth laying around.
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Dancobit

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Remember that Ethereum transactions look like cash where transactions can not be canceled - so if you send Ethereum to the wrong person, or your Ethereum wallet is hacked and someone steals your Ethereum, it's very difficult and even impossible to take it back

automaticmoney

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Etherum is having constant changes in this speculative mode we can expect slow growth from ether coin and once the market bull rally start we can expect more positive growth and previous all-time high may reach

X-ray

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Quote from: mr.nby on July 07, 2018, 09:37:33 AM

Quote from: 0xCoin on June 07, 2018, 02:45:26 PM

Are we about to witness the decline of Ethereum?

I read the other day something like 80 percent of
all available ethereum is owner by a very, very small
percentage.

And with EOS & Tron and NEO creating alternatives,
I think Ethereum will steadily drop to a $150-250 range.

I am not saying Ethereum is a lesser technology.
I'm saying that when people have an alternative, some
will change. And, I mean, we know Vitalik Buterin is a
very very talented individual. And Ethereum has been very
important for the little time is has been around. But
as a trader, I get tired of ico's dumping huge amounts
of ethereum whenever they feel like it.

what do you think?

If an alternative better platform with more possibilities appears then there is no obstacle to replace eth. So far, most projects are based on the ethereum platform. Competition will certainly have a positive impact on development, but so far eth remains a leader and I do not see any possibility that this will change in the near future.

EOS is a buggy blockchain, TRON is just another ethereum rip-off platform, NEO is lack of the development. The truth has been telling us about the fact that NEO is not so popular among all of the crypto communities in the china. NEO is an overhyped platform. When casper and sharding will come and it will die asap.

PROFIT_REVIEW

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“The P2P Marketplace For Digital Content”

I do not think that Ethereum will fall to 200$, but rather just grow on the contrary. Many people say that there are many similar projects that will replace Ethereum, but all these projects were created on this platform and therefore they will never catch up with Ethereum.

kiatitami

newbie

Activity: 126

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Yes, this is the time of the decline of ETH, maybe we will never think that ETh drops to such a low level, but in fact they are happening, and you buy them to hold now.

royalcrypt

member

Activity: 456

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Ethereum is a great choice for most ICOs but problem is whenever any ICO finishes, ETH get dumped hard and that is a big reason for low price.

mr.nby

member

Activity: 307

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Quote from: 0xCoin on June 07, 2018, 02:45:26 PM

Are we about to witness the decline of Ethereum?

I read the other day something like 80 percent of
all available ethereum is owner by a very, very small
percentage.

And with EOS & Tron and NEO creating alternatives,
I think Ethereum will steadily drop to a $150-250 range.

I am not saying Ethereum is a lesser technology.
I'm saying that when people have an alternative, some
will change. And, I mean, we know Vitalik Buterin is a
very very talented individual. And Ethereum has been very
important for the little time is has been around. But
as a trader, I get tired of ico's dumping huge amounts
of ethereum whenever they feel like it.

what do you think?

If an alternative better platform with more possibilities appears then there is no obstacle to replace eth. So far, most projects are based on the ethereum platform. Competition will certainly have a positive impact on development, but so far eth remains a leader and I do not see any possibility that this will change in the near future.

Cointoli

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There are too many competitors with ETH. It is very difficult for ETH to achieve better prices. In addition to ETH technology has come up next. If so, ETH can decrease over time

SeNeor

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Quote from: Shishir99 on June 07, 2018, 08:17:38 PM

I don't think etheruem will decline that heavily only because of these reasons.
There are lots of factors associated for price declination.
I agree that Neo,Eos and other blockchain platform will give tough competition to etheruem but that doesn't mean they will destroy etheruem or something like that.And i think competition is better for overall cryptocurrency industry.

I also agree with your suggestion because ethereum is not just an ordinary coin but a very potential one and it has very good qualities and technology. Ethereum will continue to rise when the market is rising and it has a very bright future.

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