Is Ethereum getting old?

[danggoron]

Bitcoin is older than ethereum, the transaction is slow and the fee is so high, do you think people stop using bitcoin?? No, because the community is huge. And see new project, some bring unique technology, unique concept but become dead, why?? Because don't have community

So old doesn't mean people stop using Ethereum. Because the number 1 about crypto is community

You are absolutely right. The key here is not how long, but how popular and how much network is formed in trust in a coin.
Everything has a period, right? Likewise with the popularity and tastes of people, like the season that passed. News and rumours are very influential in the development of cryptocurrency prices. Everything is just waiting for time to bounce back again.

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[betty11]

Although the ethereum network is very slow, but many users still prefer the platform because of ease of doing job. I await the switch from POW to POS which certainly has been over delayed by the network consensus programmers. It pains me trading on folkdelta that my orders are not easily shown when executed or when I place orders.

[tsaroz]

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?

It's sad to realize it but Ethereum definitely got old. It's one of the largest blockchain and the development is too slow compared to the competitive smart platforms.
Ethereum is a loose foundation and without any visible leadership while most of the other similar platforms are working as a team. Ethereum definitely had a large head start but now some other platforms are catching up.

[Krislaw]

In July, Buterin had proposed using the Bitcoin Cash (BCH) blockchain as a temporary scalability solution for the Ethereum network.

I don't know if this one push through and Ethereum needs to do something on their scalability or a new token will come that can challenge Ethereum and it could be Eos ot Tron

So why he don't make new one and why using BCH for his solution network?
He isn't focused on his ethereum and following another chain for resolving his problem, this aren't good for project solution like ethereum even has big cryptocurrency.

[reality18]

Although times are hard for Ethereum at the moment because of its current market movement yet I wouldn't say Ethereum is dead or old. The limited activities of ICOs on the market has caused great slack in Ethereum yet as more projects join the crypto space and utilize Ethereum Blockchain, Ethereum will recover.

[tetyulfania]

Ethereum still young than bitcoin and have best quality on the future with higher price, almost an ICO and IEO use ethereum as their payment platform and have price effect for ethereum.

[freedomgo]

Although times are hard for Ethereum at the moment because of its current market movement yet I wouldn't say Ethereum is dead or old. The limited activities of ICOs on the market has caused great slack in Ethereum yet as more projects join the crypto space and utilize Ethereum Blockchain,

Nothing has change with Ethereum, it's still the same coin that we love before, you are right that it was really affected by the lack of demand in ICO now, but if there's some improvement in the future, still project developers will still choose Ethereum over the other platform, and when that time comes, we will surely see the market will benefited, and not only Ethereum.

Ethereum will recover.

Certainly.

[TGD]

Ethereum still have room for more success, apparently the market isn't that ready yet to give ethereum another chance to hit its peak. Investor we're focus more in BTC and still scared to give other crypto a chance, example are the ICO that are failing and didn't got a chance to be listed in exchanges even they have a promising platform.

[bakasabo]

As long as there is no alternative to Ethereum (I'm speaking about a real competitor with lots of transactions-per-minute and easy to use blockchain), it can be counted as old. Maybe just less popular.

[Darker45]

I don't share your view that seems to imply that Ethereum is getting useless. It is getting old, yes, of course, but it is not getting weak. It may not be as aggressive as before, after so many projects built on its blockchain have failed, but it continues to be the best alternative blockchain there is. It just so happens that a lot of alternate cryptocurrencies are getting down, actually all of them. This is not just a special case of Ethereum. You take a look at Waves, NEM, NEO, Wings, and several others. They were giants in the crypto space before but they are now slowly going down as well. The good thing with Ethereum is that it remains to be the top altcoin, second to Bitcoin.

Also, I don't think Ethereum's fate is sealed when the ICO market is dying. It does not make sense to me. It does not have a significant correlation. Ethereum might have been the most popular platform for ICO projects but these projects have their own credentials totally apart from Ethereum's.

[jostorres]

I don't see reality on this post, nothing has changed ever since Ethereum's creation, it's still the go-to platform if you want to create your own token and this is the most popular coin that is being used in ICO payment, the evidence is its position in the market, still the number most popular coin in the market. 

Something has changed mate, technically, we can say that nothing has changed, but publicity wise, Ethereum is losing it because people are losing hope on them, as the real use case they have is no longer that effective. Ethereum use to dominate the altcoins market, the fact they still on the second position now does not mean they are still ruling, there are so many other coins that are beginning to compete with Ethereum and already bringing down its prestige.

I think that Ethereum really needs to be up and running and fight hard to get that prestige back as we can see that they are no longer growing in value any longer, and ever since Binance introduced the IEO, many projects are migrating to their chain, if they  wanted to take the lead, when we started having that issue with ICO I expected that they ought to have been the one to find a solution to it.

[Abiky]

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.

As much as I like Ethereum, it's starting to look obsolete compared with major alternatives like TRON and EOS. Of course, slow and steady wins the race. But, if Ethereum keeps delaying new upgrades and improvements, these alternative smart contract platforms will take a portion of ETH's market share. It's all a matter of which platform could deliver scalable solutions first for the whole mainstream world to use. Both TRON and EOS have superior features, and a highly-scalable design. They may not be as widely adopted as Ethereum is, but they could sometime in the future if people recognize their true potential.

Despite these facts, Ethereum seems to be the most secure smart contract platform today. It's that security and resiliency which has allowed Ethereum to remain as the world's second-largest cryptocurrency by market cap. But it needs to act fast, if it wants to keep up with the competition in the crypto space. In the meantime, one could invest into Ethereum for the long term, while prices are still cheap. Once it becomes a PoS cryptocurrency and prices start rising, you'll earn a lot more money than you've ever imagined.

Nonetheless, Ethereum's hype may have gone through already, but it's still one of the oldest cryptocurrencies in existence with a large user base like Bitcoin. Being tried and tested over time, makes it one of those desirable cryptocurrencies by the masses. Hopefully, ETH would recover in price until it reaches its latest ATH. Just my thoughts

[Innocant]

Yes etherium it getting old right now but it have always a good prices on it and one of the top coins in the crypto that claim to a number two spot. Even this coins are old but there are ways this etherium always being a popular for us. And many of us are using this coins because a great potential of it.

[setialovers]

As long as there is no alternative to Ethereum (I'm speaking about a real competitor with lots of transactions-per-minute and easy to use blockchain), it can be counted as old. Maybe just less popular.

I think that at this time ethereum has begun to have strong competitors. EOS, BNB Coin or Cardano can be competitors for ethereum in the future. There have been many projects that have switched from ERC20 to BEP and it is possible that this will continue because the developer team wants to be traded on Binance

[Babyrica0226]

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?

Indeed true that Ethereum was already getting old, due to its been a years now that existed in cryptoworld. But its uniqueness still remain, so when it comes to its volume in the market, ethereum remain and always next into bitcoin steps. Even the market price for it was dumped recently, it doesn't mean it fall down continuously, of course not.

[kennen1113]

Yes etherium it getting old right now but it have always a good prices on it and one of the top coins in the crypto that claim to a number two spot. Even this coins are old but there are ways this etherium always being a popular for us. And many of us are using this coins because a great potential of it.

Although ethereum has a good price and occupies an important position in the market but I do not believe in the potential of ethereum as many years ago because something as simple as the subject says, it's old, it needs to rest and wait for a candidate to appear, ethereum will no longer fulfill any of our wishes. We should understand that it remains until now, because it has created so many relationships and links, in the short term, the market will depend on ethereum, but over time this can be erased, very sad but our dear friend is outdated and older.

[Prettygirl01315]

i dont agree of your statement OP even if the market of ETH is still down the coin itself it still have demands on the people. Many apps are using eth right now as payments and also dont forget the ICO they are using the eth network as well as the STO and ITO

[p2pclub]

Yes, and the old coin price is 188$ for now.

I don't think about that point ( old & new ) but, if people still get ETH, trade ETH, it will be 2nd totem Coin of cryptocurrency world. Could you throw ETH back?

[electronicash]

the older it gets though the more valuable it can be in crypto particularly ETH since its being used still even when there are platforms available. TRON i think its really a more ingenious platform but eth has more influence because it had been around and popular to users. if you take a look at the people in the forum, most if not all have eth in the wallets.

[sempak]

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