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Author Topic: Ethereum: Sinking ship or Sleeping Giant?  (Read 1676 times)
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January 14, 2020, 10:45:19 PM
 #141

Keeping 10% of your assets in ETH is not a bad idea. I think ETH may be unreliable at the moment since the owner dumped the price however, there are so many projects using its blockchain today and it may just be around for a while. My problem is that most of the projects using Eth blockchain are not doing well and many more have already exit scammed

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January 15, 2020, 02:03:06 AM
 #142

I honestly don't hesitate to say that ethereum is a giant altcoin that is sleeping. I personally am very confident with this altcoin, on the other hand I also will not hesitate to add some more Eth if I have capital. and I think some of the investors out there also have the same thoughts about the potential of ethereum for future investment.
Ethereum has experimented a significant growth during the last days but we still do not know if this is the beginning of something bigger or just a temporary correction, I really hope that this is the beginning of something big and that ethereum at least gets back to a price above 500 dollars, if ethereum is able to do that it is going to show to the world that it is still a coin that should be taken seriously and if you do not do that then you are probably going to miss on some easy profits.
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January 15, 2020, 02:11:42 AM
 #143

Keeping 10% of your assets in ETH is not a bad idea. I think ETH may be unreliable at the moment since the owner dumped the price however, there are so many projects using its blockchain today and it may just be around for a while. My problem is that most of the projects using Eth blockchain are not doing well and many more have already exit scammed
well, save ethereum with the amount of 10% of all the assets you have is good, I can say that's because ethereum has the potential to rise when the price of bitcoin experiences price increases like this then the price of all cryptocurrency will go up, so there is no harm if saving ethereum and the remaining 90% of capital you can use to trade on bitcoin or other coins that are rising sharply at the exchange place.

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January 15, 2020, 03:00:05 AM
 #144

Has any one checked the market share of Ethereum lately? Ethereum now accounts for just 7% of all the cryptocurrency market capitalization (compared to 31% in June 2017). The trends indicate that this share may further go down and there is a real threat of ETH losing its position as the no.2 cryptocurrency. The developers are also not helping. They are postponing timelines again and again and as a result the users have lost their confidence in Ethereum. The perfect example is that of Ethereum 2.0. No one really knows when it will be rolled out.

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January 15, 2020, 04:17:50 AM
Last edit: January 15, 2020, 10:26:14 AM by Tash
 #145

The perfect example is that of Ethereum 2.0. No one really knows when it will be rolled out.
The initial story was that there will be a total of 92,000,000 Ether when the ICO happened and people invested.
60 million - Pre-sale, 12 million - dev fund and ~18 million mined - 1 million coins mined per month for 18 months prior to going from POW to POS.

It is developing to a total farce, 18 months long gone, total supply no longer anywhere near accurate, majority of tokens outright scams, devs dont seem to care about scaling or implementing promisses

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January 15, 2020, 04:35:56 AM
 #146

Has any one checked the market share of Ethereum lately? Ethereum now accounts for just 7% of all the cryptocurrency market capitalization (compared to 31% in June 2017). The trends indicate that this share may further go down and there is a real threat of ETH losing its position as the no.2 cryptocurrency. The developers are also not helping. They are postponing timelines again and again and as a result the users have lost their confidence in Ethereum. The perfect example is that of Ethereum 2.0. No one really knows when it will be rolled out.
ETH just get old real quick, their whole market is built up from the hype of smart contract back then and right now it's still a thing because they are popular enough to make almost all exchanges accept them thus giving broader chance of garnering the capitals though it's now slowly sinking.
Delay in ETH 2.0 will just spell their downfall and increase the lingering doubt among the community whether this coin is still worth it or not.

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January 15, 2020, 04:52:32 AM
 #147

Has any one checked the market share of Ethereum lately? Ethereum now accounts for just 7% of all the cryptocurrency market capitalization (compared to 31% in June 2017). The trends indicate that this share may further go down and there is a real threat of ETH losing its position as the no.2 cryptocurrency. The developers are also not helping. They are postponing timelines again and again and as a result the users have lost their confidence in Ethereum. The perfect example is that of Ethereum 2.0. No one really knows when it will be rolled out.
ETH just get old real quick, their whole market is built up from the hype of smart contract back then and right now it's still a thing because they are popular enough to make almost all exchanges accept them thus giving broader chance of garnering the capitals though it's now slowly sinking.
Delay in ETH 2.0 will just spell their downfall and increase the lingering doubt among the community whether this coin is still worth it or not.
Delay might be negative but that would only make the price to go down and give us the opportunity to buy cheaper again.
Look at BSV now, people were thinking that CSW is fake but BSV just made a new ATH in just 24 hours.

This means we can never tell, as long as the project stays, they could rise anytime.

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January 15, 2020, 04:56:30 AM
 #148

You should think twice about selling your Eth for BTC. It may not be very good at the moment, but it will be a great opportunity for you shortly. Just buy Eth I'm also buying Eth left a lot
It would be better to buy both ETH and BTC and some other top altcoins that are experiencing a very good price increase, and this provides a good opportunity for anyone who holds it at this time.
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January 15, 2020, 05:08:04 AM
 #149

discarding ETH now will only make me lose, because I've been saving it since 2017 when the ICO trend. I have already entered, so I have also added more ETHs to my bag in 2019, with the aim of getting more ETH to patch up leaks in 2017. I hope the developer will soon realize Ethereum 2.0, and hopefully this can restore investor confidence in it. thus, the hope of a large pump may still occur.
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January 15, 2020, 08:47:25 AM
 #150

Eth is a good invest by the way, taking advantage of price loss is the best move presently, if you are in for long term hold then don't bother selling your ETH, remember that the 2.0 upgrade is around the corner, it should feel more safer holding both btc and eth don't you think?

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January 19, 2020, 03:08:11 AM
 #151

Has any one checked the market share of Ethereum lately? Ethereum now accounts for just 7% of all the cryptocurrency market capitalization (compared to 31% in June 2017). The trends indicate that this share may further go down and there is a real threat of ETH losing its position as the no.2 cryptocurrency. The developers are also not helping. They are postponing timelines again and again and as a result the users have lost their confidence in Ethereum. The perfect example is that of Ethereum 2.0. No one really knows when it will be rolled out.
ETH just get old real quick, their whole market is built up from the hype of smart contract back then and right now it's still a thing because they are popular enough to make almost all exchanges accept them thus giving broader chance of garnering the capitals though it's now slowly sinking.
Delay in ETH 2.0 will just spell their downfall and increase the lingering doubt among the community whether this coin is still worth it or not.
Delay might be negative but that would only make the price to go down and give us the opportunity to buy cheaper again.
Look at BSV now, people were thinking that CSW is fake but BSV just made a new ATH in just 24 hours.

This means we can never tell, as long as the project stays, they could rise anytime.
Anything can happen, but if ethereum needs something similar to what happened to BSV to go up in price then ethereum is really done, it needs to go up because its developers are working hard to improve their coin but many investors are seeing the opposite, it is as if they do not care and all the excitement that at the beginning ethereum generated seems to be gone and it is difficult to tell if things are going to change after so much time in which the coin has remained almost static.
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January 19, 2020, 04:03:18 AM
 #152

The current price of the ethereum is on the dump state. But I am hoping that it is just sleeping and preparing itself to have a bull run like what will happen on bitcoin. For sure when the price of bitcoin rises up, the other coins including ethereum will increase its price also since they are dependent on the market movement of bitcoin.

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January 19, 2020, 04:11:23 AM
 #153

You should think twice about selling your Eth for BTC. It may not be very good at the moment, but it will be a great opportunity for you shortly. Just buy Eth I'm also buying Eth left a lot

Bitcoin and Eth should not be an issue at all, they are worthy to be in anyone's portfolios, it's a very bad decision to sell one and buy the other, keep both coins, diversification is always a good decision, don't listen to FUDS or shills, look at what happen to Bitcoin SV everybody though Bitcoin SV will get pass Ethereum, look at the market now, Eth still is on top.

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January 19, 2020, 07:28:03 AM
 #154

The current price of the ethereum is on the dump state. But I am hoping that it is just sleeping and preparing itself to have a bull run like what will happen on bitcoin. For sure when the price of bitcoin rises up, the other coins including ethereum will increase its price also since they are dependent on the market movement of bitcoin.

Ethereum at this moment is priced at $176.07, not bad for its price before which is relatively lower than today. In addition, it is not just Ethereum not getting the momentum but most of the cryptos are getting bullish as they follow the step bitcoin is taking into. But what is evident to the market right now is that, most of the investment cryptocurrency is getting huge in value, compared to those that are potential crypto for daily transactions such as stable coins USDT, Tether  and more.
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January 19, 2020, 07:43:21 AM
 #155

The current price of the ethereum is on the dump state. But I am hoping that it is just sleeping and preparing itself to have a bull run like what will happen on bitcoin. For sure when the price of bitcoin rises up, the other coins including ethereum will increase its price also since they are dependent on the market movement of bitcoin.


Don't forget Ethereum was once trailing around $60 and now it has almost increased by three folds, there is more to come and IO think Ethereum will definitely rise to a new level as the value of bitcoin has already started to increase and as per my knowledge once Ethereum's value is increased it does not need any support from bitcoin for atleast 3 months, just take the first quarter of 2018 for example.

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January 19, 2020, 08:15:42 AM
 #156

Why is everyone divided into two camps regarding ethereum? Someone worships him, someone bury him. Very strange. I always stuck to the position, if they are talking about something, both good and bad, then this is something worthwhile. Because it is impossible to please everyone, but it is possible to hook everyone, this is exactly what Ethereum did. Everyone speaks of him, although he has been the second coin for many years, but conversations have begun quite recently.
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January 19, 2020, 08:21:02 AM
 #157

If we look the situation right now we can say that ETH is like a sleeping giant because all we see that bitcoin is already recovering it's good price so based on past experienced if the price value of bitcoin is increasing,on the other side eth's price will decrease so practically you can sell your eth to invest in bitcoin.
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January 19, 2020, 08:43:48 AM
 #158

You cannot blame Vitalik and his team selling at all time high, they need funds as well to continue development of the project itself. As you have said, ethereum is already a main factor on the crypto market so it will not go dump without very huge reasons like they cant transition their network to POS. But as for me, I still believe in ethereum that they will continue to impress people in the coming years, ethereum keeps on building they never stop.
senin
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January 19, 2020, 09:39:46 AM
 #159

I am more likely to consider ethereum a sleeping giant than a sinking ship. Soon we should see another improvement of this coin called Ethereum 2.0. If they are successful, then the sleeping giant may wake up.
Ethereum has been falling in price, like all altcoins, and, in addition, has lost popularity due to the falling popularity of ICO projects. However, it will still change.
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January 19, 2020, 11:41:36 AM
 #160

I think seeing ETH as a sinking ship or a sleeping giant depends on many factors.  The first thing is that the steady growth of the market will bring a growth for ETH.  Regarding the technology and promised improvements of ETH, it is necessary to convert working evidence from Prof of Word to Prof of stake and limit the amount of ETH provided to ETH.  With the current announcement, the total supply of ETH is limitless.  It is these issues that have not brought ETH price increases recently.
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