Ethereum: Sinking ship or Sleeping Giant?

[Botnake]

I am more likely to consider ethereum a sleeping giant than a sinking ship.

Indeed, even if there is a survey taken , majority would say that it's a sleeping giant.

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.

That would certainly bring boost to the price of ETH, it's possible to rise $1,000 if the pump is real, like BSV, hype could possibly happen as people think of a bull market, actually we have a great start this year, so it's not impossible that ETH will rise as the market stays bullish.

let's say 500 usd is achievable this year, that would already bring a good percentage of profit.

[MI6]

For me, ETH is a sleeping giant. Like what OP said about ETH 2.0. I think i can hold it longer until that time come. Like halving, i think 2.0 will bring ETH on next level, although not reach it's last ATH i think ETH can be pumped too in future.

[fravia]

I could only suggest holding some ethereum while selling the other ethereum and holding back to bitcoin. I think ethereum has an opportunity to grow, especially if the next update is running better as people will see how good the next update is. But if the next update isn't what they're looking for, ethereum will need much longer time to get back up. It will be up to you to hold some ethereum and sell it or hold all ethereum until the next release of the update. I believe it has a lot of potential to make people profit

[Tash]

For some reason or another, either dont care or not capable of the defs seem to have lost control.
The move to pos suppose to a long long time ago, new day new promise.
Inflation still out of control, the initial sales pitch was that there will be 92 million in total
Scaling is a lot of talk and promises but no action to see.
One project fail after another ‘Homestead’, ‘Metropolis’, ‘Serenity’
That sleeping giant its on its dead bed, the creator already sold some to organize procession.

[TastyChillySauce00]

For me, ETH is a sleeping giant. Like what OP said about ETH 2.0. I think i can hold it longer until that time come. Like halving, i think 2.0 will bring ETH on next level, although not reach it's last ATH i think ETH can be pumped too in future.

The delay slowly decays all the hype though. I remembered when the announcement of ETH 2.0 everyone got so pumped but now it's rarely discussed. It seems the devs can't take advantage of the right momentum but instead keep delaying. Not that I'm complaining and to be honest I'm not a die hard fan of ETH but the lacks of progress is really such unfortunate thing.

[DigeNarrator]

its not a sinking ship nor a sleeping giant
last time i checked it was awaken giant that in the second place by market cap
it will go higher but not as much as it already did

[Pamadar]

its not a sinking ship nor a sleeping giant
last time i checked it was awaken giant that in the second place by market cap
it will go higher but not as much as it already did

All are still speculating and there's no assurance whether it will pumped high after this year or it will remain at this level.
Depends from how the market will push thru no one can exactly answer this question as even the developers can't push
investors and supporters to buy and hold their coin,.

[Cocoincos]

I believe and feel that ETH will be giant, better than BTC, of course I have doubts and want to buy BTC because it more stable, but believe ETH will show us big growth - thats my opinion!

[MI6]

For me, ETH is a sleeping giant. Like what OP said about ETH 2.0. I think i can hold it longer until that time come. Like halving, i think 2.0 will bring ETH on next level, although not reach it's last ATH i think ETH can be pumped too in future.

The delay slowly decays all the hype though. I remembered when the announcement of ETH 2.0 everyone got so pumped but now it's rarely discussed. It seems the devs can't take advantage of the right momentum but instead keep delaying. Not that I'm complaining and to be honest I'm not a die hard fan of ETH but the lacks of progress is really such unfortunate thing.

You are right, but for me who only rely on news don't have any choice beside to believe it can make ETH pumped. Maybe it will almost like bitcoin with halving which make me believe bitcoin pumped too. And both of that coin i will hold longer.

[TWW]

I believe and feel that ETH will be giant, better than BTC, of course I have doubts and want to buy BTC because it more stable, but believe ETH will show us big growth - thats my opinion!

for a large growth, of course, it will happen. we have waited a very long time and now I think is the beginning of that growth to occur. but as you said, to be better than bitcoin I don't think that's possible.

[drachman]

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.

Just to be clear if ethereum is going to depend on bitcoin skyrocketing to go up in value then it is never going to grow up as everyone is expecting, ethereum needs to begin to move independently or it is never going to reach its all time high again, but since 2017 this has not been the case and people are starting to doubt if this is ever going to happen again and even if it does it will not matter if you are not holding any ethereum at that time.

[BigBos]

right now, I feel what you feel. I want to sell the ETH I have for bitcoin, but on the other hand I want to buy the ETH and multiply it. to be honest, the development of ETH is not so great for now, but when the price of bitcoin goes up, the price of ETH - BTC also goes up, even, when the price goes up above $ 500 it is already extraordinary. it's just that, until now there has been no sign for it, even for ETH 2.0. we really cannot blame vitalik in this matter, because the development for ETH is based on demand and needs.

[judeafante]

Ethereum has never been called a sinking ship, it will only become once people are abandoning the chain and projects are moving to another chain, but it's not the case so far, they may be quiet right now, and that includes the price but not for long, they are still on target once Ethereum POS start moving things are going to change.

[Sanugarid]

For me, ETH is a sleeping giant. Like what OP said about ETH 2.0. I think i can hold it longer until that time come. Like halving, i think 2.0 will bring ETH on next level, although not reach it's last ATH i think ETH can be pumped too in future.

The delay slowly decays all the hype though. I remembered when the announcement of ETH 2.0 everyone got so pumped but now it's rarely discussed. It seems the devs can't take advantage of the right momentum but instead keep delaying. Not that I'm complaining and to be honest I'm not a die hard fan of ETH but the lacks of progress is really such unfortunate thing.

You are right, but for me who only rely on news don't have any choice beside to believe it can make ETH pumped. Maybe it will almost like bitcoin with halving which make me believe bitcoin pumped too. And both of that coin i will hold longer.

I don't think that ETH is a sinking ship because as you can see in the market almost all crypto is experiencing downfall right now but when we think on a good side, just look on how ETH survived and even making itself good whether the market is not good as of now. That is because of its famousness and its platform making every investor profitable. Maybe halving is a good idea but ETH is different from bitcoin.

[bonyaserg]

Personally, I believe that Ethereum is currently the most promising coin of 2020. And while Ethereum is in sleep mode, it is possible to buy at a very competitive price. And according to analysts this year, Ethereum should surprise us. So there is a high probability that Ethereum will repeat the year 2017 and become even more expensive.

[nutriagrigia]

Ethereum has never been called a sinking ship, it will only become once people are abandoning the chain and projects are moving to another chain, but it's not the case so far, they may be quiet right now, and that includes the price but not for long, they are still on target once Ethereum POS start moving things are going to change.

The only reason why I continue to believe in ETH is a successful update that took place at the beginning of this year. All 2019 I was sure that this project could not continue to exist and I was waiting for an update. The update was successful and they did not move the deadlines, that's why I did not sell all of my ETH immediately.

[slaman29]

Ethereum has never been called a sinking ship, it will only become once people are abandoning the chain and projects are moving to another chain, but it's not the case so far, they may be quiet right now, and that includes the price but not for long, they are still on target once Ethereum POS start moving things are going to change.

Actually it has been called such a few times by a few people. If people have said Bitcoin can die, surely people will also say the same about ETH;) In fact, even when people talked about the ETH flippening I was still thinking this wouldn't last, but in the end I saw it had potential and gave in. (I bet ETC people said it would sink in 2016).

[HabiebRiziq]

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.

Just to be clear if ethereum is going to depend on bitcoin skyrocketing to go up in value then it is never going to grow up as everyone is expecting, ethereum needs to begin to move independently or it is never going to reach its all time high again, but since 2017 this has not been the case and people are starting to doubt if this is ever going to happen again and even if it does it will not matter if you are not holding any ethereum at that time.

If we look at 2018 and 2019, ETH does not really provide results or provide benefits for those who hold the coin or it can be said that in that year we often see price reductions that occur which then make investors will certainly prefer to stay afloat or holding the coin and this is normal. Maybe this time it takes a factor that can drive the rising price of altcoin.

[Driggers95]

Ethereum has never been called a sinking ship, it will only become once people are abandoning the chain and projects are moving to another chain, but it's not the case so far, they may be quiet right now, and that includes the price but not for long, they are still on target once Ethereum POS start moving things are going to change.

The only reason why I continue to believe in ETH is a successful update that took place at the beginning of this year. All 2019 I was sure that this project could not continue to exist and I was waiting for an update. The update was successful and they did not move the deadlines, that's why I did not sell all of my ETH immediately.

Well, maybe your only reason is a common reason for ethereum holders up to this point, if ethereum and the media don't give this event, perhaps we have abandoned ethereum long ago because patience is not always infinite, it can only stop at a certain level, in the past, ethereum has gained a lot of trust from people but over the years, it has used nearly all of that belief and hasn't created anything new. This event is probably the last to determine ethereum's next path, hopefully ethereum won't keep quiet as nearby tiny people are starting to grow and come close to it

[kamrul50]

As Ethereum marked the third anniversary of its genesis block on July 30th, has it made enough progress to ward off upstart challengers like EOS or Hashgraph, or just created a platform for them to leapfrog into the next generation of blockchain? So Ethereum good move slowly slowl.