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Author Topic: Ethereum is dead  (Read 1552 times)
Nooby-miner (OP)
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July 08, 2018, 05:06:14 PM
 #1

Im predicting the death of Etherum, and here's why.

https://bitcointalk.org/index.php?topic=3215609.msg41780536#msg41780536
chris-swiss
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July 08, 2018, 05:52:09 PM
 #2

its a pool ,if one pool don't work you think etherum its dead , you can change the pool and ether its alive Smiley
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July 08, 2018, 05:59:13 PM
 #3

Hahaha - You seems to be very new in crypto
One pool out of hundreds. That dont matter , believe me
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July 08, 2018, 06:37:37 PM
 #4

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

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July 08, 2018, 07:54:20 PM
 #5

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

There're for sure better options available now that can replace Ethereum completely. Ethereum introduced the concept of "smart contracts", which made it so successful. Now many coins are creating a better interface & system for creating & managing smart contracts.

I'm not expecting any flippening anymore, not at least with Ethereum.
Nooby-miner (OP)
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July 08, 2018, 09:56:08 PM
 #6

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

Correct! the ETH fees are too high, and the capacity of the system is too low. This coin cant go on like this, something has to break, and im betting against ETH.
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July 08, 2018, 10:06:22 PM
 #7

Fees are already getting back to normal. 8 Gwei. FUD.
Nooby-miner (OP)
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July 08, 2018, 10:15:05 PM
 #8

Fees are already getting back to normal. 8 Gwei. FUD.

Its 13 Gwei now. Dont try using charts ect, if u want to just cherry pick a range to support your position.

It doesn't depend on the gas price, but on the gas limit.

https://ethstats.net/

There are critical problems processing and broadcasting blocks.
Ethereum can only manage 15 transactions per second max, and when engines are pushed to their limit, they tend to break, as is the case now.
ETH scaling issues haven't been solved, but there are other coins that have solved that problem, and they are in direct competition with ETH.

If your not moving forward then your moving behind, and ETH cant really do anything about it, its a fundamental flaw at the coins inception.
Other coins will grow, people will move off ETH and into others, and all the while eth will slide slowly, "bit" by "bit" into oblivion.

The lights are going out in the Ethereum Universe.
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July 09, 2018, 12:34:54 AM
 #9

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

There're for sure better options available now that can replace Ethereum completely. Ethereum introduced the concept of "smart contracts", which made it so successful. Now many coins are creating a better interface & system for creating & managing smart contracts.

I'm not expecting any flippening anymore, not at least with Ethereum.

Really? I'm not seeing any other platform competiing with eth. EOS is the laughing stock of the crypto community. EOS is a piece of centralized garbage, barely anyone uses neo and tron is a scam.

Eth has the 2nd highest trading volume after bitcoin.  Eth isn't going anywhere.
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July 09, 2018, 02:41:39 AM
 #10

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.
Correct! the ETH fees are too high, and the capacity of the system is too low. This coin cant go on like this, something has to break, and im betting against ETH.

ETH ASIC is on the way , and with that little help the system capacity is might going to be much higher Smiley but miners going to make much less Sad

"Vitalik Buterin: Ethash ASICs Not a Threat to Ethereum"
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July 09, 2018, 02:56:13 AM
 #11

Fees are already getting back to normal. 8 Gwei. FUD.

Its 13 Gwei now. Dont try using charts ect, if u want to just cherry pick a range to support your position.

It doesn't depend on the gas price, but on the gas limit.

https://ethstats.net/

There are critical problems processing and broadcasting blocks.
Ethereum can only manage 15 transactions per second max, and when engines are pushed to their limit, they tend to break, as is the case now.
ETH scaling issues haven't been solved, but there are other coins that have solved that problem, and they are in direct competition with ETH.

If your not moving forward then your moving behind, and ETH cant really do anything about it, its a fundamental flaw at the coins inception.
Other coins will grow, people will move off ETH and into others, and all the while eth will slide slowly, "bit" by "bit" into oblivion.

The lights are going out in the Ethereum Universe.

You probably should have done your basic research.

Ethereum scalability has long been an issue and the ETH developers are aware of this and are prioritizing this in the coming updates. If you look at the coming improvements to ETH, most of them are designed to address this specific issue. When Sharding comes, ETH will be able to handle millions of transaction per second.

Instead of spreading FUD, do your homework kid.


 
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July 09, 2018, 03:08:39 AM
 #12


vitalik also said he isn't going to do anything about this issue. if that asic devices are going to work and a threat to GPU miners then it has to be asic resistant. anyway, i don't think this will once again kill ETH. POS is coming. those asics may be useless too when that happen right?

i can understand the gas price is going high after all the value of ETH is also rising.

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NoIdeaAsWell
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July 09, 2018, 04:07:56 AM
 #13

Im predicting the death of Etherum, and here's why.

https://bitcointalk.org/index.php?topic=3215609.msg41780536#msg41780536

What - because 1 pool...wow.

LOL
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July 09, 2018, 04:14:45 AM
 #14

Ethereum remains strong and makes this a trigger for future development, do not pessimistic, here we are told to explore the potential that exists.
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July 09, 2018, 06:01:09 AM
 #15

I don't think ETH is dead, it's still a good investment but there will be newer and more improved altcoins that will take over the market definitely.
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July 09, 2018, 07:42:07 AM
 #16

Im predicting the death of Etherum, and here's why.

https://bitcointalk.org/index.php?topic=3215609.msg41780536#msg41780536

How could say such a thing that about ethereum, just that the Market is very down now at list is gradually coming though if you want to invest on eth, this the right time because I can see the Market is going back to Green.
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July 09, 2018, 01:53:33 PM
 #17

eth will never die. but its not easily makes a new ath. most of token prices depending eth price, so then its not quickly raising. there is lots of tokens smart contracts created according to last summer

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July 09, 2018, 02:04:57 PM
 #18

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

There're for sure better options available now that can replace Ethereum completely. Ethereum introduced the concept of "smart contracts", which made it so successful. Now many coins are creating a better interface & system for creating & managing smart contracts.

I'm not expecting any flippening anymore, not at least with Ethereum.

Really? I'm not seeing any other platform competiing with eth. EOS is the laughing stock of the crypto community. EOS is a piece of centralized garbage, barely anyone uses neo and tron is a scam.

Eth has the 2nd highest trading volume after bitcoin.  Eth isn't going anywhere.

I'm not referring to EOS or Tron. I'm referring to the coins which have smart contracts platform "under development" right now, and once they're all ready to go, they might outperform Ethereum. Look at Cardano for example, the thing they're developing is better than Ethereum in almost every way.
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July 09, 2018, 03:19:21 PM
 #19

Dwarfpoole paid today. Why raise so much noise?
Hashrate ETH Dwarfpool 8 Th/s
Hashrate ETH 285 Th/s                        https://etherscan.io/chart/hashrate

There were times when the Dwarfpool had 20-30% of the total hashrate.

I'm mining ETH for 3 years. If every time I heard about the death of the ETH I was given a dollar, I would already be a millionaire Grin
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July 09, 2018, 03:23:22 PM
 #20

He's not referring to the fact that one pool is having issues.  He's referring to the issue itself as the evidence.  The issue is that transaction fees for ETH are so high right now that this pool stopped sending payments, because they are the ones covering the fee.

There're for sure better options available now that can replace Ethereum completely. Ethereum introduced the concept of "smart contracts", which made it so successful. Now many coins are creating a better interface & system for creating & managing smart contracts.

I'm not expecting any flippening anymore, not at least with Ethereum.
you reference better alternatives, what are some projects you think may be a better alternative than ETH?

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