Can you remember what $ETH caused from 2016 -2017?

[BayAngelo]

I think Ethereum will never hit 1k price mark again. there are lots of competitions. the new project are waxing strong Tron, solana, DOT, elrond and a host of others. i also think that the current price movement in ethereum  is because of the DEFI season we are in. the fall of defi will lead to the second demise of ethereum. it might crash more after.

[minairia3]

Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,

Its not the problem with the eth. Today the network is highly been used due to uniswap and other dex type exchange. You can see it for yourself that network has been overused. I cant blame eth for that reason as the scalability is one of the growing problem in the blockchain.

Of course hype is always there for new projects and as long as defi hype continue this will never end. But for some a while I see a progress on the gas fee and got lowered a bit. Anyway a lot of people thinks that most defi are useful but to be honest only few are real defi and others are just simply created for hype.

[disconnectme]

I think anyone hoping for the price of Ether to sky rocket need to thread careful until Eth 2.0 is released. I like the ecosystem on Ethereum but some projects with better scaling solution are out there now and are looking to make their chain to work to interoperable with Ethereum blockchain and if this is done right this could be the end of Ethereum  hype

[gwapoinside2]

For me, one of the altcoins that have the most potential is Ethereum. The development in its platform is much awaited by many of its supporters. If you look at most of the pumping altcoins right now, they are built on top of the ethereum platform. I am expecting that this year would be big for ethereum. Hopefully cause I have been holding it in my bag for quite some time.

[bluebit25]

I think Ethereum will never hit 1k price mark again. there are lots of competitions. the new project are waxing strong Tron, solana, DOT, elrond and a host of others. i also think that the current price movement in ethereum  is because of the DEFI season we are in. the fall of defi will lead to the second demise of ethereum. it might crash more after.

Why can't it go up 1000 $? If Bitcoin can break its ATH then I believe ETH will go up to $ 1000 soon too. ETH is the top altcoin in this market, so it will always grow, the problem is how long we need to wait for it

[shoreno]

Yes, the ETH's gas fee remains very high especially when the price increasing but I don't think it was a big issue for ETH. Remember ETH still in development and have very strong community back up it, included a lot of developers. One way or another, there will have some implement to remove that problem.

fees are always a big issue to the person that is active on using that particular coin . they can get discourage with it if problem persist , i know there is a development called eth 2.0 but it was on delayed again  .  all we can ask is the patience of the eth user  . this problem on the fee may fixed soon  .

Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,

gas fee isnt a hindrance to continue what you started  . if they solve the same problem on btc , maybe they can do the same with eth ? who knows

[Zeke_23]

I think Ethereum will never hit 1k price mark again. there are lots of competitions. the new project are waxing strong Tron, solana, DOT, elrond and a host of others. i also think that the current price movement in ethereum  is because of the DEFI season we are in. the fall of defi will lead to the second demise of ethereum. it might crash more after.

Why can't it go up 1000 $? If Bitcoin can break its ATH then I believe ETH will go up to $ 1000 soon too. ETH is the top altcoin in this market, so it will always grow, the problem is how long we need to wait for it

How do you say so? Just because bitcoin can break its new ath doesn't mean that eth will also do the same thing. I can't find any reason how and why eth will increase just because bitcoin will also increase. Is it because you believe that eth is following the price of bitcoin? That whenever bitcoin rises, ethereum does too?

[bearexin]

Why do you think that one has to be lower for others to be higher?

Ethereum can go above $1k and it will go above $1k eventually, this doesn't mean that there is no competition, there is no problems with ethereum going over $1k and competition going up as well.

You see over the course of these years we are talking about ethereum reaching towards a new high place, but also there is more money in the crypto and that means investors are here to increase both of them.

Back in the day there was less money than today and that meant that ethereum could go up but not many others because there was a limited amount of money, it will still be limited but more money and that is why ethereum could go over $1k and others could go up as well at the same time without causing each other to stay low.

[tabas]

It is high due to the high volume and demand for Ethereum. Remember the cryptokitties and icos before? they've made the fees of ethereum high.
Let those people that only look to the new projects, it's their type of investment and it's their money that flows in there.

Thats right if the demand of an altcoin is high for sure the price will go up thats what happen to eth on that year. But that pump only lasted for days then eth suddenly goes down.

It's most of the cryptocurrency during that time. Everything has to go down after bitcoin and other high ranking altcoins went to their all time high, they have started to drop.
If there will be another altcoin that says they have a small fee and soon there will be a bunch of network traffic to their chain, they'll also start to have high fees.

[Gunday_07]

Not many people realize this about $ETH , too many keep staring at the 'old school' projects they once bought in a hype moment and still hoping on a big return 2016 -2017.Because now day the ETH will be very incredible in the market price, But the ETH gaus fee very high,

So this is all about Ethereum gas fee, yes it's something to be worried about but not the top priority right now, the team are almost done with the next ETH upgrade which will relief the pain of too high transaction fee on Ethereum blockchain soon, wait for the ETH 2.0