Is this the decline of Ethereum? - page 4.

saganpav

member

Activity: 140

Merit: 10

SPOKKZ

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 think ETH will only grow in the future. This is a good and popular coin that has support around the world. Yes, I agree with ETH there are many good competitors, but I doubt that they can be better than Ethereum.

Black Coffee

jr. member

Activity: 228

Merit: 1

competitors are not one good reason to make ethereum fall, you see after the launch of platforms by Eos and Tron, has it provided maximum growth?

indeed we are all already tired of the ico that happened lately, but remember that there are many ico who are successful, have survive and growing rapidly every year.

adroitful_one

legendary

Activity: 1568

Merit: 1041

1GhxHtabWhEpdb7e7oEJ2vd542n33BwTHR

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?

These are all running off of the Ethereum blockchain though. None of those coins would exist without Ethereum. The main issue with Ethereum is the transaction fees. When I can send Bitcoins for pennies, why would I need to use Ethereum and pay a few dollars for the transaction?

Flor1982

full member

Activity: 714

Merit: 100

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?

Ethreum will not bow to these Altcoins because the Ethereum platform is the best commodity of all Altcoins in the market. As you can see that most ICO will chose Ethereum platform to support their projects therefore the real demand of Ethereum will always open in which you can see already how huge the price gap between the Ethereum against these coins of yours.

crzy

full member

Activity: 2128

Merit: 180

Quote from: purtoricopirate on June 07, 2018, 10:00:25 PM

Just because new technology comes out doesn't mean that it will kill the old tech. Bitcoin is technically old and its still the highest priced coin period.

There's must be a good competition in the market so we can know which one is better and those who will continue to improved their technology will survive. ETH is a good coin, and I think even a lot of new coins are coming eth will still be on top of the, well better to still have this coin or regret later.

Ciucas

member

Activity: 266

Merit: 10

Ethereum is the most popular network for ICO's, and the majority of the ICO's are held on the Ethereum Network. I don't see this fact changing anytime soon and also they are continuously developing their technology , making it better than the competition. So there is no reason to fear that Ethereum will have a decline, i would actually place my bets on Ethereum passing again the 1000$ mark in the next months.

Inkdatar

hero member

Activity: 1582

Merit: 523

Quote from: purtoricopirate on June 07, 2018, 10:00:25 PM

Just because new technology comes out doesn't mean that it will kill the old tech. Bitcoin is technically old and its still the highest priced coin period.

Well agree to that if we talked about bitcoin the technology is as is and it will on top of all coins. But in ethereum even their is a decline of price it is just temporary stand. Price were low and high so it can recover and will increase eventually.

purtoricopirate

newbie

Activity: 24

Merit: 0

Just because new technology comes out doesn't mean that it will kill the old tech. Bitcoin is technically old and its still the highest priced coin period.

passivebesiege

hero member

Activity: 854

Merit: 502

CTO & Spokesman

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.

It's a normal movement increase and decrease the price, for sure this coming few months it will continue to rising. Ethereum is one the great altcoins that had a good potential to growth and her performance are excellent.

AKasOO

newbie

Activity: 154

Merit: 0

the influence of prices because there is supply and demand, so it's normal and reasonable.
plus the date of 18 March 2018 is 1 day before the G20 takes place, so many respond to the negative it is so many who sell because many things, could have panicked or there are others that require them to sell ETH owned.

Shishir99

sr. member

Activity: 770

Merit: 482

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.

iryboy

member

Activity: 210

Merit: 10

I think with the passage of time Ethereum will keep increasing in both supply and value, so I don't think so there will be any decline for Ethereum in coming years.

0xCoin

newbie

Activity: 22

Merit: 0

This is simply discussion.
I appreciate the replies.
I'm not reading from any bad news outlets.
I'm glad there wasn't dozens of members attacking
what i said. Like I said, thanks for the discussion.

GangNamSK

member

Activity: 280

Merit: 10

Quote from: Katabit on June 07, 2018, 05:13:30 PM

The only way you can comment this. Do not believe everything that they write. Many news specifically deceive you. After this kind of news, there is a chance that people will start to do a lot of stupid things.

The bad news has diminished the value of the market recently and it has caused many investors to panic and sell a lot of losses. Consider the news because if it has not been confirmed it could be false news to fool the investor.

Bardman

hero member

Activity: 952

Merit: 516

That idiotic ''article'' that you read was simply not accurate. Most of any coins is held by a few wallets because those wallets are exchange wallets, the idiots obviously didn't take that in count or the fact that there are hundreds of thousands of wallets with dust amounts of ethereum. It may seem like 3 people are holding the majority of eth but it's far from the truth.

lobo13hf

hero member

Activity: 2268

Merit: 507

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?

Not only ethereum, and more than 90% of bitcoin has been owned by very small percentage of holders, Ethereum will be changing its direction to the POS system with 1 million TPS in the future through double layer to fix the scalability solution makes ethereum will able to run hundreds of dapps at the same time. You can earn passive income through ethereum in the future. In fact, they are all creating the similar platform as ethereum but they will fail. Look at waves or even lisk and the platform has already existed since 2015 and both platforms have no demand till this time. EOS has raised 4 billion dollars and it has wasted for only to pump the price of EOS coin.

bigmelons25

member

Activity: 240

Merit: 10

Basically every ICO and new project is on ethereum. Trading pairs are always eth and btc. Eth is the 2nd strongest crypto, its not going anywhere.

Katabit

member

Activity: 203

Merit: 11

ENTRY cryptocurrency

The only way you can comment this. Do not believe everything that they write. Many news specifically deceive you. After this kind of news, there is a chance that people will start to do a lot of stupid things.

adamin1i

member

Activity: 539

Merit: 20

As Ethereum develops itself, the price will rise. The rivalries are increasingly proliferating. but ethereum will make the necessary attempts and will come to more beautiful locales.

AuspiciousInvestor

newbie

Activity: 9

Merit: 0

Ethereum still has a long way to go.

Topic: Is this the decline of Ethereum? - page 4. (Read 536 times)