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Author Topic: Is Ethereum getting old?  (Read 886 times)
Kezacky
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August 21, 2019, 12:38:14 PM
 #101

For me this is actually a pretty good thing because it is proven that ethereum is able to last long enough in rising or falling market conditions. in terms of fundamentals ethereum is pretty good. this is a good indicator if we really want to invest in ethereum because it has lasted long enough

yes because ethereum has a large community, in addition ethereum also has a smart platform with several ico projects so that it makes altcoin ethereum stay in this market even though it's old but there are still many who like and invest in it.

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August 21, 2019, 12:48:15 PM
 #102

To some extent you are right. When the ether was just released it had a significantly greater influence on the market due to the fact that it had no competitors.
It has become a perfect platform for ICE, which has led to even greater growth in its popularity. However, now, Ethereum is not the only one of its kind, nor is it the most technologically advanced.
I am sure it will stay afloat only in the event of constant technical modernization.

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August 21, 2019, 12:57:43 PM
 #103

it's true that ethereum is getting old but ethereum still survives on the market. ethereum is the biggest altcoin in the crypto market. I really believe in the potential that this ethereum has.
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August 21, 2019, 01:00:19 PM
 #104

I don't think ethereum is already old as of this moment. Even there are competitors for ethereum that has lower fees and more faster transaction. Ethereum still kicking and alive.
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August 21, 2019, 01:10:58 PM
 #105

Saying ethereum is old can be taken because of the current process of running projects which is through IEOs and not through. ICOs. The reason why etheteum was the king of the Altcoins was because of the use during ICOs but the different now is that, IEOs need no ethereum before it can proceed through project in an exchange. Also, ethereum have internal issue and when it be fix then there will be another hype which will benefit

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August 21, 2019, 01:52:29 PM
 #106

The big issues have always been scalability and transaction speed according to Tron website they have a better transaction per seconds against Ethereum
TRX2,000 TPS
ETH 25 TPS
BTC 3 - 6 TPS

There's also a lot of Cryptocurrency with better transaction speed than Ethereum, it's just the fact that they are the first project that implemented token creation and smart contract.

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August 22, 2019, 08:50:54 PM
 #107

Vitalik Buterin said that his coin will not be able to get its highest price. Since such a large-scale popularization will no longer be. Probably because of this he finished working on his "child". Today the Ethereum dying and this is no joke. Think about it and try to get out of this platform on time.

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August 23, 2019, 01:35:38 AM
 #108

That was true ethereum is an old altcoin, so many competitor on smart contract thats so far it has become a mainstay of the platform, and this year not altcoin year, bitcoin still dominating above 60 percent on market and its not good for old altcoin like ethereum, ripple, stellar etc
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August 23, 2019, 03:00:07 AM
 #109

To me, I think it is all because altcoins are not seeing the best in the current market trends. I still value ether and the ethereum blockchain as there have been some improvements to me as   transaction speed. The price moved from ~80$ to now above 180$which is not bad looking at the season we are in now.
indeed, ethereum is still a favorite altcoin for investment. many projects currently make their own wallets, but we know ethereum is still dominant. I think what holds on is that investor confidence in ethereum is still high, so the potential for altcoin is still good, and I still hold it to date from the price of $ 85. and hopefully my analysis is correct

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August 23, 2019, 03:43:40 AM
 #110

Although Ethereum is not performing much as compared to the year 2017, the long bear market of 2018 affected the market and most ICOs failed to reach their set targets. This reduced the patronage of Ethereum because most ICOs preferred ETH as it was referred to as the ''King of ICO''. Now, the has been a paradigm shift where projects prefer IEO.
However, Ethereum is still alive and making recovering looking at the its price movement from the beginning of Q3 2019.
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August 23, 2019, 03:53:07 AM
 #111

I think Eth itself cannot be valued outside of the crypto currency sphere.
Eth is old , yes but whether it continues to be used and thrives all depends on the collective perception of the public of all crypto, ie Bitcoin etc. If people think are crypto are more hassle than they're worth , Eth (along with all others will become irrelevant). If by some chance, the mainstream media start singing the praises of any crypto and the sheep-like public start buying , then ETH's value will rise up

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August 23, 2019, 04:17:27 AM
 #112

That was true ethereum is an old altcoin, so many competitor on smart contract thats so far it has become a mainstay of the platform, and this year not altcoin year, bitcoin still dominating above 60 percent on market and its not good for old altcoin like ethereum, ripple, stellar etc
Do not despair. Will still be changing. According to the general law of development, Bitcoin will not be able to maintain a high level of capitalization for a long time. The best altcoins in the future will constantly take it away. The future of Ethereum depends on the improvements that are being prepared for it next year. This coin is still able to rise to the proper level.
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August 23, 2019, 04:30:08 AM
 #113

Do not despair. Will still be changing. According to the general law of development, Bitcoin will not be able to maintain a high level of capitalization for a long time. The best altcoins in the future will constantly take it away. The future of Ethereum depends on the improvements that are being prepared for it next year. This coin is still able to rise to the proper level.
We just wait for Ethereum team to make the latest innovations to improve features that are more sophisticated than ever because I believe the season of Ethereum will still continue to be largest Altcoin than other.
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August 23, 2019, 04:37:07 AM
Last edit: August 23, 2019, 07:26:50 AM by Dpat
 #114

Ethereum is not old nor it will be ever. As, you know this is the infant stage of the cryptocurrency market. If the market legally accepted in every economy they think what will be the demand for the BTC, ETH, Ripple and that other giant. So, never mis-understand about the Ethereum future because this coin has remain many potential for the future growth of all other token as the token are created on this platform.
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August 23, 2019, 04:53:51 AM
Last edit: August 23, 2019, 05:07:41 AM by jaocoincrypto18
 #115

We could determine if Ethereum is becoming useless or old if the demand of the platform is really fading but until now still it was the most commonly used platform in the crypto space despite of bearish market trend therefore it  clearly shows that Ethereum is still the most in demand smart contract platform as it was already tested and trusted by most of the crypto users in the community.
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August 23, 2019, 08:22:19 AM
 #116

We could determine if Ethereum is becoming useless or old if the demand of the platform is really fading but until now still it was the most commonly used platform in the crypto space despite of bearish market trend therefore it  clearly shows that Ethereum is still the most in demand smart contract platform as it was already tested and trusted by most of the crypto users in the community.

Agree, until now, the value of ethereum transactions at various exchangers is still large and there are still many tokens that use ethereum networks. I think ethereum will still last a long time because the developer team continues to develop the technology.
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August 23, 2019, 09:21:35 AM
 #117

Ethereum seems to be losing its supporters lately. The coin has failed to do well lately as compared to bitcoin. But this along does mean that Ethereum has fallen behind. It is facing many ups and downs as Bitcoin did in the past. Obviously the coin will regain its position and glory again.

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August 23, 2019, 04:50:09 PM
 #118

The big issues have always been scalability and transaction speed according to Tron website they have a better transaction per seconds against Ethereum
TRX2,000 TPS
ETH 25 TPS
BTC 3 - 6 TPS

There's also a lot of Cryptocurrency with better transaction speed than Ethereum, it's just the fact that they are the first project that implemented token creation and smart contract.

Exactly. Nowadays, there are various smart contract platforms with greater scalability than Ethereum, which greatly threatens its very existence. The Ethereum development team needs to act fast, if they want the platform to succeed and retain its rightful place in the market. Mainstream businesses, corporations, and merchants are already recognizing the benefits of alternative platforms like TRON and EOS. Such platforms deliver massive transaction capacity without charging fees at all. This will look quite attractive for developers looking to create tokens for ICOs, gaming, and other purposes. If Ethereum takes too long to scale its Blockchain network, then I'm afraid that the previously mentioned platforms will take the lead in the dApps market.

Despite this, there's still hope that Ethereum will remain as the world's second largest cryptocurrency by market cap. With a dedicated development team and supportive community, it could continue to rise at an unprecedented rate. Still, scalability is a must for the Ethereum blockchain to survive within the mainstream world. Once that's solved, then ETH will rise again towards its former glory.

Nonetheless, many people are still waiting for Casper PoS to become a reality within the Ethereum blockchain. It might be old nowadays, in the sense that the hype and excitement for the cryptocurrency is over, but it could gain traction once more with new upgrades. Hopefully by 2020, we'd get to see a new version of Ethereum with a fully functional PoS consensus algorithm that would take the world of smart contracts by storm. Just my thoughts Grin

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August 23, 2019, 05:01:12 PM
 #119

Ethereum seems to be losing its supporters lately. The coin has failed to do well lately as compared to bitcoin. But this along does mean that Ethereum has fallen behind. It is facing many ups and downs as Bitcoin did in the past. Obviously the coin will regain its position and glory again.
I expect that at the end of this year or at the beginning of 2020 we will see a new Ethereum and the price for a coin will be more than 400 dollars.


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August 23, 2019, 05:19:39 PM
 #120

The reason why price of ethereum never getting up to the level of Bitcoin is due to the same reason initial coin offering people want to cash out all the ethereum price list so that demand kept low in the recent years compared to Bitcoin but it is not going old are useless.

In my opinion, the most valid reason why the value of ethereum has been unable to increase substantially over the years, like bitcoin is because of the infinite supply of the tokens. Bitcoin has a maximum supply of 21 million and even till date less than 18 million is in supply and that's why the price could skyrocket effortlessly.
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