Is Ethereum getting old?

[94K]

I would say ethereum is an oldy now and its hype has ended since it never got its price after the hyping again
 Those who still say ethereum will increase are the die hard fans of ethereum.

[1714693444]

1714693444

[1714693444]

1714693444

[javadsalehi]

Ethereum is really getting old and the hype of 2017 that led to its increase may not repeat it self again because of the strong competition in the crypto space. Some us who have been holding ethereum since 2017 may not recover our losses in time to come with the look of things.

Based on your opinion, Bitcoin is also old. Till now, bitcoin has not reached the December 2017 price. So, what do you think? Should we sell our bitcoins and invest in a new crypyocurrency?

[Patatas]

Nonetheless, what are your thoughts about this?

I don't think ETH will ever be getting old this soon. Their SDK is still in heavy development and they've shown progress since day 1 like their online code editor which deploys smart contract within minutes, then, web3j and other technologies are just too nice!

[tippytoes]

I would not call it getting old because there are other coins that are older than Ethereum yet still performing well. But because we live in a fast-paced world where technology reigns supreme, I think Ethereum will come good again if they can update and continue to innovate on their blockchain. Launching the PoS Consensus upgrade will be the first step towards achieving this

Few months or couple of years in crypto is like lifetime already of so many altcoins ever existed. So having ethereum up until today means that they are not like any other crap coin out there. But being old? There are much older coins than eth. But eth already cemented its position in the community because of the changes they brought to the crypto space. And up until now, they are in continuous pursuit of advancing their platform. They hype might be over but the dev team is still active in doing their respective jobs.

[Yamifoud]

I would say ethereum is an oldy now and its hype has ended since it never got its price after the hyping again
 Those who still say ethereum will increase are the die hard fans of ethereum.

The current ETH situations seem to be disappointing as we all expecting for market surge but it doesn't mean that it will be going to die later. What we have now is not only ETH suffering such struggles but of the entire market as well. We could say that 2019 isn't the moment for altcoins, may we fail into our expectations this year, we have nothing to do but to accept what it is.

[rodel caling]

In my opinion, if etheruem becomes unpopular; it will definitely be from the outcome of numerous scam ICO projects on the etheruem platform. The ICO craze is one big hinge to etheruem rise and fall.

How you sure for that negative impression for ethereum, ethereum is useful for the crypto project space specially ICO but is doesn't means all ICO project is scam and ethereum are affected because use it in very ico project, ethereum is one of the most foundation in the crypto currency space to help build of all ico project which most of latcoins came from the ico project.

[BlackFor3st]

You have given the most important details out there and I agree to most of your ideas but you cannot deny also that Ethereum still remain as number two in coinmarketcap based on it's marketcap.

Though it's hype was not really there but the projects and it's holders are still there because there are solid projects already out there that were launched and it's operation is going stronger until today.

[ansarose1]

In my own perception, as ethereum coin getting old, it getw better in terms of its price, volume and capability. Before ethereum shines, it passes struggles and hindrances about ups and downs and then in the long run it gets popular anr known by its great volume and good price in the market. Now its capability is being more dominant in markets, although sometimes it slips its price but makes comeback right away and recovers.

[coin-investor]

Ethereum had a large prominence within the crypto space since launch, due to its flexibility for developing decentralized applications and launching ICO tokens. During 2017, Ethereum gained a lot of traction where it had massive transaction activity within its Blockchain network. This was largely attributed towards the rise of ICO's popularity, as well as, Blockchain-based games like CryptoKitties. While those times where exciting, everything came to an end as soon as transaction speeds became lower and fees spiked due to high network load.

After that, the ICO craze was no more, and people stopped using Ethereum more thoroughly. With the rise of other smart contract platforms with better speeds and lower fees than Ethereum, most developers and businesses have shifted towards well-known competitors of ETH. Now, many people are waiting for the PoS consensus upgrade to take effect, but developers continue to delay the same. After so many delays, it seems to me that Ethereum is starting to get old. The hype is over, and people are not so excited about ETH as they used to be within its early days.

Nonetheless, what are your thoughts about this?

I don't think that's the case, let's break it down.
Ethereum is only four years old it is still a young technology and so many things are still coming up like the PoS consensus upgrade like what you mentioned.
ICO does not have an impact at all, because we now have IEO and STO and companies still prefer Ethereum the volume will speak for itself
If people are losing excitement then how come the volume is still there and I still see some ICO and IEO accepting Ethereum, it's still preferable
I wonder how many people stopped using Ethereum, gambling sites, crowdfunding sites and online stores still accept Ethereum

[ganeshramk]

The older it gets, more mature it would be. Let's wait for that maturity. Then ETH would be wiser with regards to the price movement.

[freedomgo]

After so many delays, it seems to me that Ethereum is starting to get old. The hype is over, and people are not so excited about ETH as they used to be within its early days.

Nonetheless, what are your thoughts about this?

ETH may have struggle but I'm not convince yet that it's already old and is not popular anymore.
What happen with ETH was the effect of the big pump during the popularity of ICO, and now slowly it's corrected to a lower price, however, this should not be viewed as a serious problem, unless other altcoins already recovers and ETH was still left behind, altcoins recovery has not come yet, so let us not judge too early, remain calm and continue to monitor the progress of ETH.

[masterrex]

Ethereum had a large prominence within the crypto space since launch, due to its flexibility for developing decentralized applications and launching ICO tokens. During 2017, Ethereum gained a lot of traction where it had massive transaction activity within its Blockchain network. This was largely attributed towards the rise of ICO's popularity, as well as, Blockchain-based games like CryptoKitties. While those times where exciting, everything came to an end as soon as transaction speeds became lower and fees spiked due to high network load.

After that, the ICO craze was no more, and people stopped using Ethereum more thoroughly. With the rise of other smart contract platforms with better speeds and lower fees than Ethereum, most developers and businesses have shifted towards well-known competitors of ETH. Now, many people are waiting for the PoS consensus upgrade to take effect, but developers continue to delay the same. After so many delays, it seems to me that Ethereum is starting to get old. The hype is over, and people are not so excited about ETH as they used to be within its early days.

Nonetheless, what are your thoughts about this?

I think some of your observation are endeed true, Ethereum popularity for smartcontracts and dapp development was decline, But it doesnt mean that ethereum is getting old already. But most of known reason was the competition as we all know that unlike before "Ethereum was the monopoly of those services" but today many other platforms was already offered the same services in more effecient way, much faster speed and lower transaction cost. I think thats the main reason why Ethereum dominance in smartcontracts and Dapps development is declining,For the ICO's we should consider the Market situation, The fraudulent acts and scams that causing damage to the ICO market that was the big deal that need to be resolve. but lets give Ethereum a chance to implement its upgrade maybe its surprise us all.

[Herbert2020]

ethereum was doomed from the start. i am mostly surprised about people's surprise when they see ETH going on the path that it was supposed to go. not to mention that it is a path that has been taken by many altcoins before ETH.
with unlimited supply, no immutability, with centralization and a huge premine and lack of scaling and ton of other issues, you should have been surprised if it weren't doomed.

as for the price, it is only short term pumps that keeps it alive. for example the 2017 pumps were the biggest ones that were accompanied by the ICO hype and together they led to a huge price rise that was unrealistic for such a project. so it had no other way to go but down 90%.

[freedomgo]

After so many delays, it seems to me that Ethereum is starting to get old. The hype is over, and people are not so excited about ETH as they used to be within its early days.

Nonetheless, what are your thoughts about this?

ETH may have struggle but I'm not convince yet that it's already old and is not popular anymore.
What happen with ETH was the effect of the big pump during the popularity of ICO, and now slowly it's corrected to a lower price, however, this should not be viewed as a serious problem, unless other altcoins already recovers and ETH was still left behind, altcoins recovery has not come yet, so let us not judge too early, remain calm and continue to monitor the progress of ETH.

besides that, ETH also still ranks second from CMC, and I don't think ETH is getting old. In fact, many altcoins also have declining prices, or even difficult to pump. I am still quite optimistic about the development of ETH. although until now the progress has been slow, I am sure that when the information on ETH developments appears, it will bring ETH to the moon.

I'm not expecting it will moon, as long as the market situation remains the same, it's hard to expect on that, even if they will implement their new update.
People are waiting for that, but it doesn't create a big hype that will result to FOMO, not this time but it could give great improvement to ETH in the future as people sees that the team are working and delivering.

[slaman29]

In case you have not noticed, old is gold in crypto. When you have a coin that is so stable that the changes do not need to be fast or immediate, when the changes in fact take forever to implement, because of difficult consensus and what not, then you know that's a sign of a good, mature coin. Bitcoin still takes the cake of course, but Ethereum's problems now are what actually changed my mind about it.

[styca]

[...] the ICO craze was no more, and people stopped using Ethereum [...]

ICOs are just an early use-case. ETH is way way more than merely an ICO platform. It offers huge possibilities for automation across numerous sectors. Basically anything that can be defined using rules can be replaced by ETH smart contracts. The mortgage application process is one often-cited example. If anything in crypto will change the world, it will surely be smart contracts.

[globalking]

no doubt that the Ethereum is a bit old but not too old to sideline after bitcoin if there is any other coin that is Ethereum no doubt about it.

[Novatech8]

As old as ETH network is remember that some projects are released at the same time ETH was released too for example litecoin was facing the same present fate ETH is facing until this year begins and LTC start receiving  better upgrades and supports so lets give ETH time as well its too early to think that ETH is getting to old to keep up

[Wipangga]

ethereum will also continue to grow more and more and also more users, because I also believe that the development of ethereum prices will also increase this year, so I believe the price and ethereum price growth in the future will also be better.

[Strufmbae]

Ethereum also have volatility, and it represents more altcoins, ethereum are easy to deal with smart contracts.
aside from the allegation that ethereum is getting old, you can see the difference between eth among the top five coins. 
If ethereums really gets old who dares to make an ICO using eth to invest rather than bitcoin that is much expensive.?