Why do people still use ETH? - page 3.

pantek talacuik

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Quote from: Ziskinberg on July 25, 2021, 06:41:33 PM

Quote from: pantek talacuik on July 25, 2021, 08:48:10 AM

Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

Maybe it's your choice to get fed up with Ethereum or stop using it. but you can see for yourself that Ethereum is a coin that many people need to make transactions on any exchange. I don't forbid you to hate Ethereum because it is all your choice.

That is because we all have differences and of course, we can't help people to think like this and like that if they don't want to. But the fact that ETH is a well-established platform in the market and it supports many projects, makes the majority choose ETH. Only just the gas fee making people not use ETH in the previous months but as it was decreasing, some just have to return using the platform, while the others move away.

That may be the reason people don't use Ethereum in the next few months, if there is a new transaction fee that is cheaper, Ethereum will probably be reused. but it all depends on everyone at this time.

kaseygriffin

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ETH has always been one of the top priority choices to reach this market after bitcoin. While we can complain about its transaction costs as well as its speed of completion, the popularity it creates as limitations on its capabilities are evident. It will be annoying for people with small investments and frequent transactions

, this problem should see themselves as doing so again and blame ETH.

uneng

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I wouldn't say ETH fees are fair now, but they are much better than they were months ago. Let's say it's acceptable.
The point is that every network with huge demand will face expensive fees in transactions. Alternative networks can be useful for some people who can't wait ETH fees go down or have to make tons of transactions daily, but they aren't going to replace ETH, because as soon as the demand for ETH decreases, fees decrease as well and then more people start using it again.

Ziskinberg

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Quote from: pantek talacuik on July 25, 2021, 08:48:10 AM

Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

Maybe it's your choice to get fed up with Ethereum or stop using it. but you can see for yourself that Ethereum is a coin that many people need to make transactions on any exchange. I don't forbid you to hate Ethereum because it is all your choice.

That is because we all have differences and of course, we can't help people to think like this and like that if they don't want to. But the fact that ETH is a well-established platform in the market and it supports many projects, makes the majority choose ETH. Only just the gas fee making people not use ETH in the previous months but as it was decreasing, some just have to return using the platform, while the others move away.

bamb

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Ethereum still have big potential and capacity to grow, people believe ethereum platform have improved their lives in Cryptocurrency so far and unknowingly stick with ethereum platform whether is serving the purpose for which it's been used. The cheap fee is one of the reasons ethereum platform is preferred and that is elusive now on ethereum platform. Furthermore, the unending promises of better platform is tiring. Despite all of this challenges on ethereum network, ethereum is still better than many altcoin!

pantek talacuik

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Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

Maybe it's your choice to get fed up with Ethereum or stop using it. but you can see for yourself that Ethereum is a coin that many people need to make transactions on any exchange. I don't forbid you to hate Ethereum because it is all your choice.

junkerr

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Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

I think you have started to despair about the future of ethereum, especially regarding transaction fees.
but some traders still have the confidence and convenience of trading on the ethereum network. there is no coercion anyway as long as the transaction fee is still safe for a trader I think there is no need to complain and despair.
several projects took this momentum such as BSC and NEAR. but all back on the market. they determine how we can rate a platform.

Xinarae*

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Although the binance smart chain is currently improving ethereum's application will continue ethereum is improving through blockchain technology. Although the fee for its transaction is high there is demand in the market unlike other blockchains etherium can do much more etherium is programmable which means developers can use it to create new types of applications. Decentralized applications take advantage of cryptocurrency and blockchain technology to facilitate transactions.

andriarto

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Quote from: no-ice-please on July 24, 2021, 09:47:31 PM

Quote from: Dr.Osh on July 23, 2021, 05:58:20 AM

Quote from: tvplus006 on July 23, 2021, 05:36:10 AM

Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

It is very difficult to stop using ETH since most of the coins are created on the Ethereum blockchain. Accordingly, by refusing to use Ethereum, you miss a lot of profitable projects, which, with a decrease in the dominance of bitcoin, will show a very good price increase.

correct. I also think that in the crypto world, we will all definitely relate to ethereum, because most coins nowadays have an ethereum platform. other than that, I also think the same thing, that when you refuse to use one of the popular coins, then the level of profit you get will not be that big.

Not aware of the exact numbers, but I can imagine that Binance Smart Chain is at least getting closer to Ethereum in terms of the number of projects launched on its network or it may even have overtaken Ethereum by now. If it didn't yet, it probably will within the next couple of months as for now Ethereum is still not able to handle large scale micro transactions, which is important for most of the apps built on top of these networks.

I agree with your view about the binance smart chain which currently seems to be the main competitor of the ethereum network. but we also can't look down on ethereum which currently still has a large community and capitalization, on the other hand with the events of the past, currently the ethereum network is improving too, and I think there has been development about the network

no-ice-please

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Quote from: Dr.Osh on July 23, 2021, 05:58:20 AM

Quote from: tvplus006 on July 23, 2021, 05:36:10 AM

Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

It is very difficult to stop using ETH since most of the coins are created on the Ethereum blockchain. Accordingly, by refusing to use Ethereum, you miss a lot of profitable projects, which, with a decrease in the dominance of bitcoin, will show a very good price increase.

correct. I also think that in the crypto world, we will all definitely relate to ethereum, because most coins nowadays have an ethereum platform. other than that, I also think the same thing, that when you refuse to use one of the popular coins, then the level of profit you get will not be that big.

Not aware of the exact numbers, but I can imagine that Binance Smart Chain is at least getting closer to Ethereum in terms of the number of projects launched on its network or it may even have overtaken Ethereum by now. If it didn't yet, it probably will within the next couple of months as for now Ethereum is still not able to handle large scale micro transactions, which is important for most of the apps built on top of these networks.

xiboothrezi

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Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

It's a shame that there are a lot of potential projects that still use ethereum. if you ignore ethereum because of high transaction fees, why not use the BSC network? seems to be more well-known and commonly used by developers as a second choice after ETH.
well, that's your choice, I can only suggest that it should not be abandoned completely, after all gas fees have started to normal and the ethereum dev team is trying to develop a more reliable ecosystem so that transaction fees can be controlled.

fileo

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I don't trade using ERC 20 because nowadays BSC is much affordable than ERC. I admit there are a lot of scammers using BSC but I also know even it is Ethereum scammer can use it too. In BSC is very low fees compare to ERC 20. I also try TRC 20 because it is also affordable like BSC. I avoid using ERC 20. But if the gas fee will decrease to much affordable. Then once again will use it.

Dr.Osh

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Quote from: tvplus006 on July 23, 2021, 05:36:10 AM

Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

It is very difficult to stop using ETH since most of the coins are created on the Ethereum blockchain. Accordingly, by refusing to use Ethereum, you miss a lot of profitable projects, which, with a decrease in the dominance of bitcoin, will show a very good price increase.

correct. I also think that in the crypto world, we will all definitely relate to ethereum, because most coins nowadays have an ethereum platform. other than that, I also think the same thing, that when you refuse to use one of the popular coins, then the level of profit you get will not be that big.

tvplus006

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Quote from: ?? on ??

I stopped using ETH on Ethereum and moved to Fantom and NEAR Aurora. I got sick of the fees and failed transactions.

It is very difficult to stop using ETH since most of the coins are created on the Ethereum blockchain. Accordingly, by refusing to use Ethereum, you miss a lot of profitable projects, which, with a decrease in the dominance of bitcoin, will show a very good price increase.

Roy Asher

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When thinking about this issue, when we mentioned Ethereum, our first reaction was smart contracts and one-click currency issuance, the underlying development system, and now in the field of public chain underlying development systems, no currency can support application development.

mrjoy15

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Ethereum testnet is coming. Massive Ether accumulation is happening. It's right to follow the whales, or we'll just have to wait and find out what's the coming. I agree with the strategy, I'lll add up again and see where the market is then. Crypto are being controlled by the whales, so don't rely fully on the daily volume.

indrakusumaindra

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the reasons why people still using ethereum cause ethereum still the most trustable network in cryptospace, its true there is a lot alternative that offering good price in gas but the trust and the safety concern always make ETH become number one in crypto space, people even still mine it even though its need a lot money to do it. If you talking about dex i do think eth dex such as uniswap still the biggest choices in crypto space, when we look other DEX such as pancake swap that have a bug and also recently thor chain that got hacked i do believe its better to use a good network and safety such as ETH.

WalkerIVIV

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Quote from: Kez1817 on July 22, 2021, 06:56:55 AM

People still use Ethereum because this altcoin is still valuable despite of a higher gas fee. Also, it keeps on improving that's why people always trust Ethereum network. There's a lot of alternative to Ethereum like BSC network but Ethereum is still the second valuable digital currency to Bitcoin.

I think that it's not caused by the ethereum was valuable coin. Ethereum was the top 2 CMC and that means the demand for the people to use ethereum is still huge at this momend. The problem with ethereum fees will be sorted out and that will give the user the trust again.
Million transactions is still happening with ethereum everyday and that means the use base is still high as the rank on CMC
that makes sense if people still use it

Clavulanic

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People won't turn their backs for eth because most traders owned erc20 tokens that has a good potential eversince new other platforms existed. Though the gas is quite too expensive for today, that doesn't mean we're going to avoid ourselves from eth, it's still worth it to hold due to its uprising value. Gas for transaction fee is the most common reason why people still prefer to use eth, long term holding is just secondary options.

devil2man

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I am slowly transferring my crypto wallet on the bsc blockchain but it is not an immediate thing before being able to liquidate all the tokens i have on eth it will take some time and therefore for a while i will have to continue using its blockchain which is became very slow in transfers and really expensive

Topic: Why do people still use ETH? - page 3. (Read 1131 times)