Will you buy more ETH after reading this ?

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Quote from: ethereumhunter on January 01, 2023, 11:35:16 PM

But I'll still be looking to buy some ethereum in addition to focusing on bitcoin. We all have choices and know what is best for us, so we must try to get it.

Username checks out :p

Both are good, just that one's the OG and the other's an ecosystem for different apps and deployments.

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Quote from: krishnaverma on December 15, 2022, 06:34:53 AM

(.....)
As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.

This is one of many reasons why I tend to buy Ethereum compared to other altcoins out there. Ethereum already proved it over the years since Ethereum started.
For me, before the year 2024 will start, I can guarantee that I already started to accumulate Ethereum.

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Quote from: Tadic on January 01, 2023, 07:15:45 PM

No I won't. I prefer Bitcoin when I see calculations like this.

ETH can reach new highs but it's not guaranteed at all.

Very nice. At least you have chosen to buy bitcoin over ethereum and it is a good choice for you.

But some people might still want to increase their ethereum amount and still hope that the price of ethereum can go down again. But I'll still be looking to buy some ethereum in addition to focusing on bitcoin. We all have choices and know what is best for us, so we must try to get it.

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Quote from: abel1337 on January 01, 2023, 04:43:43 AM

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Quote from: dwminer1 on December 15, 2022, 02:33:23 PM

Quote from: Blawpaw on December 15, 2022, 01:29:48 PM

I wouldnt put my money on eth in any way. I guess that investors will still be able to make money with, but its potential for dobbling investments I believe it was lost forever. Now that eth abandoned POW and is now fully POS it will become less and less attractive, and soon it may be replaced by something better and decentralized.

I don't quite understand why you think that the transition from POW to POS is a mistake. I believe that in the face of the growing energy crisis in the world, this is a positive change for the entire project in the long run.

ETH's move from POW to POS has absolutely nothing to do with the current energy crisis situation. The upgrade plan of ETH was launched 4 years ago, and after many delays, it was implemented the last year. Many people are skeptical of ETH as it becomes more and more centralized when moving to POS, but it is in ETH's favor. In addition to reducing gas fees, which is the biggest headache for ETH, the upgrade is extremely important for ETH in future block expansion. For ETH, I consider this a desirable upgrade, Vitalik Buterin knows what he is doing best for ETH. It is too early to conclude that ETH is not worth investing in when it is POS, keep in mind that many altcoins still use POW but they are all useless, unable to compete with ETH. If you need a decentralized coin, bitcoin is enough.

I Agree with you, Of course they have made countless of consideration what might happened if they transitioned into POS but at the end they have considered changing from POW to POS given that POW is hindering them and and also their users to make a progression to the project. Gas fees are number one problem with ETH and I'm sure when market gets a lot of traffic, Users are suffering from these ridiculous gas prices that we all consider when making a transaction. There are pros and cons on transitioning to POS and one of them is slowly becoming centralize. But I believe that majority users like gas prices low compared to being decentralized. It's my opinion and please don't compare this token to other coins that has cheap gas prices. ETH has it's own concept behind it.

I will give up ETH if it can't solve the problem of high gas fees because we have a lot of altcoins with cheap gas fees and faster transaction speeds than ETH. ETH has lost its decentralization, but in return it solves a lot of problems, so it can be said that this sacrifice is worth it. We cannot claim absolute perfection with ETH.

Regarding investment, ETH is becoming more potential when moving to POS, the supply of ETH is constantly being burned thanks to the new mechanism. In the long run, ETH will also become scarce, so a price increase is almost certain once the demand is high while the supply decreases.

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Quote from: Tadic on January 01, 2023, 07:15:45 PM

No I won't. I prefer Bitcoin when I see calculations like this.

ETH can reach new highs but it's not guaranteed at all.

Yes, that means lesser at buying it or not at all. Most Ethereum holders now will prefer to just HODL than to pile more without any assurance that it can go at a new ATH. I prefer that way too and would rather buy Bitcoin for now. It's in a good low where a buying spree can happen anytime that would increase the demand.
As for altcoin choices, I am just looking at other gems but I cannot see one yet that is worth buying. Perhaps when this stagnant market ends we will some new breakthroughs.

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Quote from: Mr. Magkaisa on January 01, 2023, 09:55:09 AM

- Right now Ethereum is not my priority to hold long-term, although I know it is one of the top altcoins right now in the crypto space. But if I had known this in 2017, I probably would have bought Ethereum around this time.

Also for me because I don't like what ETH has done now with its transformation from POW to POS, it seems to me that it has become centralized rather than decentralized, but this is just my opinion and understanding about this thing.

No one knows the future, if I knew bitcoin was as successful as it is today, I wouldn't have sold it in 2014.
It is an interesting thing in investment, we should not regret but look for new opportunities, when opportunities come, we will take them or continue to ignore them, that's up to us to decide.

If ETH does not move to POS, it will not be able to solve the backlog issues and will lose more users. I also don't like centralization because we hate the centralization of banks, so we invest in bitcoin, and crypto. But I support ETH's decision, POS helps it deal with high gas fees and scalability. I don't want to pay tens of dollars, hundreds of dollars, for every ETH transaction.

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No I won't. I prefer Bitcoin when I see calculations like this.

ETH can reach new highs but it's not guaranteed at all.

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Quote from: Xal0lex on January 01, 2023, 03:37:17 PM

Quote from: klidex on January 01, 2023, 01:46:29 PM

Whatever happens and whatever the market conditions I will continue to buy and hold ETH.
There are 2 crypto coins that I trust and believe in the most, namely Bitcoin and ETH.
In my opinion, ETH is the 2nd coin after Bitcoin, which has the most potential in the future to be able to take large profits and is worthy of being made into a long-term investment.
So it's no wonder that there are still many ETH enthusiasts and holders to this day.

Indeed, ETH is a very popular and liquid coin. This is all built on its former greatness, when it was less censored and worked on the PoW algorithm. Now, after the merger, it is extremely difficult to evaluate the new consensus and its success among holders. In addition, ETH still hasn't got rid of the simply monstrous, compared to its competitors, commissions for token trasfer and swap.

Most projects are built on ETH chain, so I think it will remain the top 2 of crypto market. That is why Ethereum is so powerful: it proportionates many developers to work their projects and create their useless speculative altcoins for pump and dump schemes. And although there are many alternatives of chains for developers to work, there isn't a clear, solid and widely adopted one to replace ETH, that is the problem.

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Quote from: klidex on January 01, 2023, 01:46:29 PM

Whatever happens and whatever the market conditions I will continue to buy and hold ETH.
There are 2 crypto coins that I trust and believe in the most, namely Bitcoin and ETH.
In my opinion, ETH is the 2nd coin after Bitcoin, which has the most potential in the future to be able to take large profits and is worthy of being made into a long-term investment.
So it's no wonder that there are still many ETH enthusiasts and holders to this day.

Indeed, ETH is a very popular and liquid coin. This is all built on its former greatness, when it was less censored and worked on the PoW algorithm. Now, after the merger, it is extremely difficult to evaluate the new consensus and its success among holders. In addition, ETH still hasn't got rid of the simply monstrous, compared to its competitors, commissions for token trasfer and swap.

klidex

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Quote from: krishnaverma on December 15, 2022, 06:34:53 AM

Historic Price of ETH on 12/14

Today's Price: $1,307

1 year ago: $4,018

2 years ago: $589

3 years ago: $143

4 years ago: $84

5 years ago: $684

6 years ago: $7.83

7 years ago: $1.01

Amounts of money made from investments of $1,000 at various points in time (12/14):

-$677 (one year ago)

$1,233 (two years ago)

$8,152 (three years ago)

$14,571 (four years ago)

$911 (five years ago)

$166,174 (six years ago)

$12,921,119 (seven years ago)

Percentage changes in price for investments made at various points in time (12/14):

-67.7% (one year ago)

123.3% (two years ago)

815.2% (three years ago)

1457.1% (four years ago)

91.1% (five years ago)

16,617.4% (six years ago)

129,211.9% (seven years ago)

*The only year you would have lost money on ETH is if you bought it on 12/14/2021*

Note: The data above is taken from reddit.

As per the data, the only case where you had been in loss by investing in ETH will be when you invested 1 year ago. Even that be neglected if you have strong hands and can hold for some more time for prices to rise again.

Whatever happens and whatever the market conditions I will continue to buy and hold ETH.
There are 2 crypto coins that I trust and believe in the most, namely Bitcoin and ETH.
In my opinion, ETH is the 2nd coin after Bitcoin, which has the most potential in the future to be able to take large profits and is worthy of being made into a long-term investment.
So it's no wonder that there are still many ETH enthusiasts and holders to this day.

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I'm still doing the same for ETH not adding and not reducing my portion for this coin because in this case I'm still busy with my proportion increasing the load on btc.
But on the other hand I am also satisfied with what I have in ETH because I still have some which I think will be very good if kept in storage for some time especially with the current conditions I have no intention of selling this coin.

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Quote from: Mr. Magkaisa on January 01, 2023, 09:55:09 AM

- Right now Ethereum is not my priority to hold long-term, although I know it is one of the top altcoins right now in the crypto space. But if I had known this in 2017, I probably would have bought Ethereum around this time.

Also for me because I don't like what ETH has done now with its transformation from POW to POS, it seems to me that it has become centralized rather than decentralized, but this is just my opinion and understanding about this thing.

Ethereum has remained to be a potential coin despite all its ups and downs and all the issues that it has been facing. Worse things has happened before but investors still trust it because of its good development through years.
Ethereum, next to Bitcoin, will always be worth buying and wprth investing for a long term holding. It's just affected by the economic crisis but it will still recover as the market recovers soon.

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- Right now Ethereum is not my priority to hold long-term, although I know it is one of the top altcoins right now in the crypto space. But if I had known this in 2017, I probably would have bought Ethereum around this time.

Also for me because I don't like what ETH has done now with its transformation from POW to POS, it seems to me that it has become centralized rather than decentralized, but this is just my opinion and understanding about this thing.

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Quote from: abel1337 on January 01, 2023, 04:43:43 AM

Quote from: Minecache on January 01, 2023, 03:01:42 AM

Quote from: dwminer1 on December 15, 2022, 02:33:23 PM

Quote from: Blawpaw on December 15, 2022, 01:29:48 PM

I wouldnt put my money on eth in any way. I guess that investors will still be able to make money with, but its potential for dobbling investments I believe it was lost forever. Now that eth abandoned POW and is now fully POS it will become less and less attractive, and soon it may be replaced by something better and decentralized.

I don't quite understand why you think that the transition from POW to POS is a mistake. I believe that in the face of the growing energy crisis in the world, this is a positive change for the entire project in the long run.

ETH's move from POW to POS has absolutely nothing to do with the current energy crisis situation. The upgrade plan of ETH was launched 4 years ago, and after many delays, it was implemented the last year. Many people are skeptical of ETH as it becomes more and more centralized when moving to POS, but it is in ETH's favor. In addition to reducing gas fees, which is the biggest headache for ETH, the upgrade is extremely important for ETH in future block expansion. For ETH, I consider this a desirable upgrade, Vitalik Buterin knows what he is doing best for ETH. It is too early to conclude that ETH is not worth investing in when it is POS, keep in mind that many altcoins still use POW but they are all useless, unable to compete with ETH. If you need a decentralized coin, bitcoin is enough.

I Agree with you, Of course they have made countless of consideration what might happened if they transitioned into POS but at the end they have considered changing from POW to POS given that POW is hindering them and and also their users to make a progression to the project. Gas fees are number one problem with ETH and I'm sure when market gets a lot of traffic, Users are suffering from these ridiculous gas prices that we all consider when making a transaction. There are pros and cons on transitioning to POS and one of them is slowly becoming centralize. But I believe that majority users like gas prices low compared to being decentralized. It's my opinion and please don't compare this token to other coins that has cheap gas prices. ETH has it's own concept behind it.

I don't know how many people will leave ETH when it moves to POS. But I am sure that if ETH gas fees continue to go up, many projects, and many users will soon leave ETH and look for its other competitors. So upgrading ETH to POS I completely agree, although its decentralization will disappear.

Regarding investment, if investing in altcoins, ETH is still my first choice, because so far I have not seen an altcoin worth investing in more than ETH. I also do not believe there will be any altcoin that can replace ETH, it is like bitcoin, and no one can replace it.

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one year ago most of the cryptos were at the highest price or ATH, so is there anyone who buys at that price with the aim of long term investment? even though we all know that buying at high prices has a much higher risk. if that really happens there is no other choice but to hold until the crypto market returns to the bullish phase.

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Quote from: asyakashi on December 17, 2022, 07:49:09 AM

We really can't take the possibility of happening in the future one hundred percent accurately. but I think ethereum is already very high compared to the first time they announced their ICO. But all this is still comparable to the development of Ethereum, arguably the project is very stable or can even grow more. I don't judge by their price but rather how they grow.

They really had some successful developments and updates if you compared their services and features from the past and it would be good for them to continue giving their customers and investors some reasons to continue supporting their project because as we are talking about this, there are lots of project out there that are being developed to compete with them and when they slacked to do the right thing for Ethereum in the future, you will see them slowly getting knockoff from the crypto market like any other altcoins in the past.

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Quote from: Minecache on January 01, 2023, 03:01:42 AM

Quote from: dwminer1 on December 15, 2022, 02:33:23 PM

Quote from: Blawpaw on December 15, 2022, 01:29:48 PM

I wouldnt put my money on eth in any way. I guess that investors will still be able to make money with, but its potential for dobbling investments I believe it was lost forever. Now that eth abandoned POW and is now fully POS it will become less and less attractive, and soon it may be replaced by something better and decentralized.

I don't quite understand why you think that the transition from POW to POS is a mistake. I believe that in the face of the growing energy crisis in the world, this is a positive change for the entire project in the long run.

ETH's move from POW to POS has absolutely nothing to do with the current energy crisis situation. The upgrade plan of ETH was launched 4 years ago, and after many delays, it was implemented the last year. Many people are skeptical of ETH as it becomes more and more centralized when moving to POS, but it is in ETH's favor. In addition to reducing gas fees, which is the biggest headache for ETH, the upgrade is extremely important for ETH in future block expansion. For ETH, I consider this a desirable upgrade, Vitalik Buterin knows what he is doing best for ETH. It is too early to conclude that ETH is not worth investing in when it is POS, keep in mind that many altcoins still use POW but they are all useless, unable to compete with ETH. If you need a decentralized coin, bitcoin is enough.

I Agree with you, Of course they have made countless of consideration what might happened if they transitioned into POS but at the end they have considered changing from POW to POS given that POW is hindering them and and also their users to make a progression to the project. Gas fees are number one problem with ETH and I'm sure when market gets a lot of traffic, Users are suffering from these ridiculous gas prices that we all consider when making a transaction. There are pros and cons on transitioning to POS and one of them is slowly becoming centralize. But I believe that majority users like gas prices low compared to being decentralized. It's my opinion and please don't compare this token to other coins that has cheap gas prices. ETH has it's own concept behind it.

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old article
https://consensys.net/blog/enterprise-blockchain/forbes-releases-top-50-billion-dollar-companies-exploring-blockchain-over-half-are-working-with-ethereum/
Forbes Releases "Top 50 Billion-Dollar Companies Exploring Blockchain"
2021
https://www.blockdata.tech/blog/general/81-of-the-top-100-public-companies-are-using-blockchain-technology
81 of the Top 100 Public Companies are using blockchain technology
2022
https://due.com/blog/ethereum-advanced-version-bitcoin/
How Companies Are Using Ethereum as an Advanced Version of Bitcoin

This great technology, although it is becoming centralized
https://bitcointalksearch.org/topic/m.61510050

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Quote from: dwminer1 on December 15, 2022, 02:33:23 PM

Quote from: Blawpaw on December 15, 2022, 01:29:48 PM

I wouldnt put my money on eth in any way. I guess that investors will still be able to make money with, but its potential for dobbling investments I believe it was lost forever. Now that eth abandoned POW and is now fully POS it will become less and less attractive, and soon it may be replaced by something better and decentralized.

I don't quite understand why you think that the transition from POW to POS is a mistake. I believe that in the face of the growing energy crisis in the world, this is a positive change for the entire project in the long run.

ETH's move from POW to POS has absolutely nothing to do with the current energy crisis situation. The upgrade plan of ETH was launched 4 years ago, and after many delays, it was implemented the last year. Many people are skeptical of ETH as it becomes more and more centralized when moving to POS, but it is in ETH's favor. In addition to reducing gas fees, which is the biggest headache for ETH, the upgrade is extremely important for ETH in future block expansion. For ETH, I consider this a desirable upgrade, Vitalik Buterin knows what he is doing best for ETH. It is too early to conclude that ETH is not worth investing in when it is POS, keep in mind that many altcoins still use POW but they are all useless, unable to compete with ETH. If you need a decentralized coin, bitcoin is enough.

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Quote from: vanesha on December 22, 2022, 10:31:15 AM

This proves that Ethereum's fundamentals are very strong because for several years it even remains in its top place among others. Unfortunately now ethereum's growth is not as fast as it is because now ethereum is already the second highest after bitcoin.

very tested and indeed until now its position will only be below bitcoin, and it seems that it will be difficult for other coins to replace ethereum's current position.
Regarding growth slowing down, it seems that it's not just Ethereum, but all coins can't move quickly, because indeed the indicator for growth is that bitcoin is sinking, so all coins are experiencing that too.
but when the halving period comes, it is certain that everything will recover and start moving towards improvement, it just takes time for that.
I think investing in ethereum will be the same as bitcoin, there will always be a decline and will improve again, so you don't need to worry when you buy it, it will definitely be higher than when you bought it, it just takes time and patience to be able to wait until it is higher than when buy.

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