Ethereum: Sinking ship or Sleeping Giant?

[meliodas]

It's not a sinking ship but it's no longer a sleeping giant. Let's admit it that we've expected much with ethereum but mostly it became a failure to most. I'm still have my last ethereums on hold and willing to wait until I can see the price becomes acceptable for me to sell.

I'm still optimistic that ETH could show its market dominance among altcoins. Yes, Ethereum is not a sleeping giant anymore but consider it a sinking ship if people will never risk their money for investment. The future of this certain is only in the hands of the investors but of course, the devs have had a big role for this in order to turn back its potentiality.

Just like bitcoin, there are holders that are not willing to sell at any price. The developer that sold and plunged the price back to the current we have is desperate and is probably in need of money. We have no choice but to remain optimistic until we sell it at a satisfying price soon.
The future isn't just with the investors but it's more with the developers and how they'll show the development of it to us.

That is what matters at the end of the day. We should not care if the developers sold their ethereum at the peak price because maybe that is their way to secure their funding for the further developments. There is still a long road for ethereum to go through and that means there will be more developments as it will evolve into a giant cryptocurrency that could possible replace bitcoin in total market capitalization.

[1715089280]

1715089280

[cutesgirl]

Ethereum have sleep well more than last two years with lower price, now have new year ethereum have been come back with higher price and forget with bad moment last two year to raise on higher price, always have second chance for getting profit with ethereum and halving time looks close hope can give positive side for ethereum back on their position again with higher price.

[Yamifoud]

Ethereum have sleep well more than last two years with lower price, now have new year ethereum have been come back with higher price and forget with bad moment last two year to raise on higher price, always have second chance for getting profit with ethereum and halving time looks close hope can give positive side for ethereum back on their position again with higher price.

Some big names in the market are having different speculations but wondering that they are all optimistic about the possible growth of Ethereum.

https://coinswitch.co/news/ethereum-price-prediction-2020-2021-2022-2025-latest-eth-price-prediction-ethereum-news-update

They expect that the continuous growth/spread of Ethereum globally will help to push its price higher next year. I believe it was meant to happen but of course, this is all just speculation, nothing exactly will happen. But remembering that we reach to almost $1k, not wondering if this will happen again once we are in full recovery.

[cotton ball]

After Vitalik or ethereum owner sell his assets during 2018 make ethereum have lower price and hard get back what fantastic price in 2017 above $1,500, now we need Vitalik to back up his coin by buying back and re invest again with ethereum, without buy back and make new update progress like hard fork very difficult looking for ethereum have higher price again.

[mamesso]

Very many investors have high hopes for ETHEREUM, because ETH is considered as one of the most popular ALTCOIN and has very good potential. After reaching the peak of its glory in 2017, until now ETH has not shown any sign of reviving.
Some people still hope ETH is able to change the situation when eth 2.0 is launched, but if that doesn't happen, then Eth will continue to sleep and will even sink further.

[JC btc]

Very many investors have high hopes for ETHEREUM, because ETH is considered as one of the most popular ALTCOIN and has very good potential. After reaching the peak of its glory in 2017, until now ETH has not shown any sign of reviving.
Some people still hope ETH is able to change the situation when eth 2.0 is launched, but if that doesn't happen, then Eth will continue to sleep and will even sink further.

Yes and sad to say that those high hopes lead the founder take it for granted, as he knew that people are aware that this last month will have a better price for Ethereum so many people bought it wishing something good news will happen that time, but sad to say that it didn't happen instead the founder itself have sold before people will.

[miklesm]

If I were you, I would keep holding the dominating position of Bitcoin in portfolio, but I would buy Ethereum as well. In my opinion, ETH is a good option for diversification of the portfolio, so it is okay to keep 10% of funds in Ethereum.

[Kupid002]

Very many investors have high hopes for ETHEREUM, because ETH is considered as one of the most popular ALTCOIN and has very good potential. After reaching the peak of its glory in 2017, until now ETH has not shown any sign of reviving.
Some people still hope ETH is able to change the situation when eth 2.0 is launched, but if that doesn't happen, then Eth will continue to sleep and will even sink further.

Not only popular but eth is also in the rank 2 of the top crypto currency thats why there are many people still believe in it .all do the price continue declining after the ATH and never return back. The hope of the investors is still there but the question is if they can hold it  and how long  if theres another bear market come.

[coin-investor]

I’ve been into Bitcoin since 2014. It’s always been my main thing, however I’ll admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.

Now I find myself in a situation where I really believe in Ethereum as the only other viable project. I’ve been accumulating Ether to the point where now I’m 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).

I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).

That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.

Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.

Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.

Actually 10% of Eth in your portfolio is still low, even some bad things are happening on Ethereum, we cannot take out the fact, that this is the first smart contract, transaction is fast and cheap and most of all so many tokens are relying on Ethereum smart contract, but of course, as a holder your analysis is the on thing that matters, whether to sell or to hodl.

[BlackFor3st]

I’ve been into Bitcoin since 2014. It’s always been my main thing, however I’ll admit I got swept up in the 2017 cycle and got burned on quite a few projects. I eventually consolidated back to 100% bitcoin.

Now I find myself in a situation where I really believe in Ethereum as the only other viable project. I’ve been accumulating Ether to the point where now I’m 80% BTC, 10% Eth and, 10% USDC (prepared to buy more BTC when the time is right).

I’m preparing for Eth 2.0 staking. I see all the Defi projects built on Eth. The stablecoins, the ecosystem. If Eth fell, it would bring a huge chunk of the crypto market down with it. So for this reason, I can’t see ethereum really disappearing. It’s the only crypto that I’ve actually used (I bought something with USDC, an ERC-20 token).

That said, I am concerned about those stolen $100million in Eth. That can depress the value of Eth for years. I’m concerned about the constant hard forking, the constant delay of Eth 2.0, and the general amateurish feeling of the project. I hate that Vitalik, and the ethereum foundation dumped their bags on people at the ATH.

Part of me wants to just sell my Eth for BTC and not look back. Another part of me wants to keep buying Eth as it goes down.

Any intelligent insights on this forum? Not a pissing match, not a shitcoin shill session. Just honest feelings about Ethereum from other veterans in the space.

The demand is on the investors so we can say that Ethereum is a is a sleeping giant even if the founders dump their holdings.

Just keep on buying as the market will surely recover and right now eth still in 2nd position, the risk in investing eth is not that high compared to other currencies.

[Gheka]

Very many investors have high hopes for ETHEREUM, because ETH is considered as one of the most popular ALTCOIN and has very good potential. After reaching the peak of its glory in 2017, until now ETH has not shown any sign of reviving.
Some people still hope ETH is able to change the situation when eth 2.0 is launched, but if that doesn't happen, then Eth will continue to sleep and will even sink further.

Well, the data that you provide is not wrong, starting with the breakthrough in 2017, eth has created a special impression in the minds of many users, most investors always believe it can go further at that moment but the glory was short-lived, a series of bad news came, the market reversed and the effects on eth, ETH was unable to stand back after heavy falls regardless of the new updates. Nowadays, whether it was a sunken ship or saying it was a sleeping giant, every name fits its status, very sad for a miracle generation

[superving]

After Vitalik or ethereum owner sell his assets during 2018 make ethereum have lower price and hard get back what fantastic price in 2017 above $1,500, now we need Vitalik to back up his coin by buying back and re invest again with ethereum, without buy back and make new update progress like hard fork very difficult looking for ethereum have higher price again.

thats the game changer on the part of ethereum, vitalik and his co founders just made a huge selling of ethereum. Im thinking now ethereum will drop even more and vitalik will be finding another or will create another project.

[lobo13hf]

After Vitalik or ethereum owner sell his assets during 2018 make ethereum have lower price and hard get back what fantastic price in 2017 above $1,500, now we need Vitalik to back up his coin by buying back and re invest again with ethereum, without buy back and make new update progress like hard fork very difficult looking for ethereum have higher price again.

it's around 2017 and not 2018. When vitalik sold his asset and the price of ethereum touched the peak price and it's not even make the price go to the bottom. I just try to suggest you to see the chart before you can say something about that. Pleas you must understand it better dude.

[antsam]

but not many are serious. even most are junk coins. just look at how easy people make tokens with the ethereum blockchain and they can make their trash tokens with only very little capital. that's why ethereum is widely used as a tool to make junk tokens.
it all depends on how the developer resolves this problem. if you want investor confidence back then there must be something fixed. indirectly the junk tokens make trust in ETH also flawed.

In my opinion, trash tokens are not only found on the Eth platform, but other platforms also have lots of garbage tokens popping up. I think that strengthening regulations is really needed to suppress the emergence of the garbage token project and it cannot be avoided

[royalfestus]

The highest ROI in cryptocurrency in 2019 was in altcoins, we see that in more altcoins. If anyone invested in these, I believe his opinion will be different with staying only with bitcoin. What is important is right investment and it is not easy, it demands a lot of research. The war with ethereum is baseless, if ethereum turns out well this year, majority of the money will move to bitcoin. asides bitcoin and USDT, Ethereum-bitcoin pair has made more volume they need in other in that space.

[Mahanton]

The highest ROI in cryptocurrency in 2019 was in altcoins, we see that in more altcoins. If anyone invested in these, I believe his opinion will be different with staying only with bitcoin. What is important is right investment and it is not easy, it demands a lot of research. The war with ethereum is baseless, if ethereum turns out well this year, majority of the money will move to bitcoin. asides bitcoin and USDT, Ethereum-bitcoin pair has made more volume they need in other in that space.

Of course we would see in that way considering that they do really differ in value and alts can possibly outperform btc in any angle when it comes to profit multiplier but basing up on having a established price and
community support then theres no doubt on btc. ETH wont anytime sink or goes down as we do consider there were lots of alts that been using up ETH platform thats why its hard to believe on
that this will drop down soon.

[tabas]

Just like bitcoin, there are holders that are not willing to sell at any price. The developer that sold and plunged the price back to the current we have is desperate and is probably in need of money. We have no choice but to remain optimistic until we sell it at a satisfying price soon.
The future isn't just with the investors but it's more with the developers and how they'll show the development of it to us.

That is what matters at the end of the day. We should not care if the developers sold their ethereum at the peak price because maybe that is their way to secure their funding for the further developments. There is still a long road for ethereum to go through and that means there will be more developments as it will evolve into a giant cryptocurrency that could possible replace bitcoin in total market capitalization.

I'm counting on it but I'm not that too positive as before with Ethereum after all of these disappointing news. I really don't feel good with those but it's okay, I still have it and if I'm a bit disappointed this might turn into positive thought as soon as we see the developments going on.
No matter what I feel, I'm still holding this although it's not a sleeping giant anymore but there's a development that's on process which we should lean on.

[crzy]

After Vitalik or ethereum owner sell his assets during 2018 make ethereum have lower price and hard get back what fantastic price in 2017 above $1,500, now we need Vitalik to back up his coin by buying back and re invest again with ethereum, without buy back and make new update progress like hard fork very difficult looking for ethereum have higher price again.

thats the game changer on the part of ethereum, vitalik and his co founders just made a huge selling of ethereum. Im thinking now ethereum will drop even more and vitalik will be finding another or will create another project.

They see the future of ETH might be on a drop level but selling their own coin is alarming. The price is dumping, but I think its just the effect of the market condition and let’s see what will happen after the update of ETH. If the updates fail, then they made a good decision to sell while the price is still high because fail updates will result to a bottom price.

[X-ray]

Not only popular but eth is also in the rank 2 of the top crypto currency thats why there are many people still believe in it .all do the price continue declining after the ATH and never return back. The hope of the investors is still there but the question is if they can hold it  and how long  if theres another bear market come.

Price decline simply beause there's no demand anymore, a smart contract platform like ETH is to be expected to decline after IEO and ICO is dying. ETH is relying its capitalisation on that after all.even if the upgrade to ETH 2.0 with pos is released it won't do anything because this coin has now considered to have no utilization anymore. that's why more and more people are switching to another alts.

[drachman]

I am not sure about ethereum future... Honestly I doubt that ETH will ever repeat its 2017 success. I would better consider investing in other altcoins and make a portfolio. But BTC will grow first and it's much more stable of course.

ETH went up so much in 2017 because of the hype surrounding the ICOs. That was the single most factor, which enabled the Ethereum investors to receive a ROI of 120x in 2017. But now the ICO bubble has burst and the ETH prices are sliding down to what it was prior to the ICO boom. On top of that, the incompetence and arrogance of the Ethereum developers are not helping the coin either. The development timelines are getting pushed back, and the users are getting frustrated as a result of this.

It seems as if the ETH developers are trying to do too much too fast and that is never a good idea since this always leads to mistakes and since ETH is in such a weak position if someone finds a bug in the updates that ethereum wants to implement that could crash its price, so it is a good idea they are taking their time with the updates since it is difficult to know if ethereum will recover in the case such a mistake was made, but even after the updates I do not see ETH going up as much since as you say the interest in icos has decreased in an immense way.