Ethereum is officially dead

[meejay]

Hi there,

Now or soon it will be dead. Scalability is the biggest problem for Ethereum at the moment. PoS or Sharding won't be able to solve the issue. It is just used for ICO's at the moment. But smart contracts and tokenization was the pros of ETH to BTC. There are projects which is going to add these features to BTC. Time of ETH will be gone too soon.

Kind regards,

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[alt-fire]

if the etherium dies, the torus along with it will die a huge part of the market. so he will live long and expensive

[Stuart_Shook]

Hi there,

Now or soon it will be dead. Scalability is the biggest problem for Ethereum at the moment. PoS or Sharding won't be able to solve the issue. It is just used for ICO's at the moment. But smart contracts and tokenization was the pros of ETH to BTC. There are projects which is going to add these features to BTC. Time of ETH will be gone too soon.

Kind regards,

Yeah and miners are just barely scraping by. They can barely make a profit off these conditions now.

https://www.tomshardware.com/news/ethereum-profitability-down-difficulty-up,36691.html

"At the current difficulty rating, our mining pool estimates that our 94MH/s mining system would earn 0.04385 in time for our next weekly payout. At today’s value, that’s roughly $24 for the week. Our system burns about $10 per week in electricity, so it’s still profitable. But in a market with expensive utilities, such as San Francisco, which can pay up to $0.25 per kWh, you’d be losing money at today’s rate."

No one will want to stay if there are greener fields elsewhere. Mining is the very core of a crypto operation and we cannot have a functioning coin without it.

[Derler1599]

Now I started to worry a little bit about the future of ethereum. But still, I am optimistic and I think that ethereum will soon recover. After all, this is the most famous and promising altcoin.

[loonb]

Such statements are an integral part of the bitcointalk. However there are no confirmation to believe so.
The cryptomarket is very dynamic. You should be patient and observe for a long time period.

[steinkopf]

I think it's not time to bury ETH. This is a good coin, but at the moment the price of ETH is very low and many people think that ETH is dead.

[yeniruieni]

Of course not, because I think that going back to the price of the Ethereum again as in the last year. And when the coins are already down surely will be pumping and prices rise very high. And we are just waiting for the time when it will happen. So remain patient and continue to do the monitoring.

[RistirP]

No, I do not think so! I believe the price will be back like 5-6 months ago or maybe more than that.

[tekinekan98]

Despite the fact that ethereum continues to lose value, I still believe in it and this is my main investment. It seems to me that in a month its price will increase significantly.

[Tirdok]

I don't think the Ethereum will cease to exist. it may fall in value but it will recover in the future.

[Chrisjay]

Todays ethereun price is 250$ and i think it will more fall. But i wont giving up on ethereum. Because i heard a news that altcoin and bitcoin will be boost in this coming novembr and december

[arkaasay]

Ethereum prices grow and fall, because this market is manipulated. And when the price falls buy it. like many others that I believe agree ETH is not dead but some FUDs around their platform can be justified.

[CapnBDL]

Ethereum prices grow and fall, because this market is manipulated. And when the price falls buy it. like many others that I believe agree ETH is not dead but some FUDs around their platform can be justified.

How can say that Ethereum dies? I think that today's price is one of the most successful for a long-term purchase. It's time to invest in Ethereum. You can get an excellent profit.

[serejandmyself]

Ethereum is a platform that cant be dead, at least in the several years. That can be take place only when another platform will beat the Ethereum. maybe eos will take it place, but it is still on the very early stage. don't worry, Ethereum is living.

[DamilolaB]

The drastic fall in the price of ethereum in the past few days has been alarming and is an issue if concern for me. Although it is not a news that prices fluctuate in crypto but this is serious. I will not agree that ethereum is dead because I know it revive in no  time.

[Flamebellow]

Ethereum is not dead , but it's price is dumped hard and I think it's not the end. Actually , ethereum is much more trusted comparing to other altcoins , because most part of them lose -20% of value per day , while ethereum's price suffer much less.

[ePesoInitiative]

Actually anytime now is the best time to buy Ethereum. The ETH market has probably seen capitulation from large ETH holders like the ICO dev teams. They held a lot of ETH from ICOs.

[goldenmistletoes]

Its way too early to tell. Besides ethereum is not the only one that is dropping, in fact almost all crypto are down. I think the market is in a condition wherein its trying to adjust itself and correct its value from the previous years. Although its very sad to see it, but its a normal phase in cryptocurrency. Give it a little more time to see its improvement.

[Ricowavy]

I beg to disagree. This is actually the best time for you to buy ethereum. Because as you all know ethereum will definitely bounce back and get back on there is no way such a project with such usefulness can be dead now. It is too early.

[Denreal]

Ethereum is not dead, it is only responding to the situation of the market. Do not be deceived to dump. Please, if you have the ability to hold, do hold it.